# Lazard US Equity Concentrated Portfolio (RLUEX): Mutual Fund Facts & Distributions

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- Issuer: Lazard · Asset class: Equity
- Strategy: Actively Managed · Inception: 2016-11-15

The Lazard US Equity Concentrated Portfolio is primarily designed to acquire common stock in American companies. While it has the latitude to invest in firms across the entire spectrum of market capitalizations, its concentrated holdings typically consist of 15 to 35 enterprises, generally favoring those with market valuations exceeding $350 million. The portfolio's main objective is to achieve returns superior to prominent market benchmarks, such as the S&P 500®, Russell 1000®, and Russell 3000® Indices. Under regular operating conditions, a minimum of 80% of its capital is allocated to eq...

## Key Facts

| Metric | Value |
|---|---|
| Price | $15.59 |
| Expense Ratio | 0.75% |
| Assets Under Management | $1.53B |
| NAV | $15.59 (2026-05-08 close) |
| Holdings Count | — |
| Distribution Yield (TTM) | — |
| Annual Distribution (TTM) | — /share |
| Distribution Frequency | Annual |
| 52-Week Range | $11.25 – $15.59 |
| Beta | 1.18 |

## Latest Distribution

- Amount: $5.6413 /share
- Ex-date: 2024-12-20
- Pay date: 2024-12-23

## Frequently Asked Questions

### What does RLUEX invest in?

The Lazard US Equity Concentrated Portfolio is primarily designed to acquire common stock in American companies. While it has the latitude to invest in firms across the entire spectrum of market capitalizations, its concentrated holdings typically consist of 15 to 35 enterprises, generally favoring those with market valuations exceeding $350 million. The portfolio's main objective is to achieve returns superior to prominent market benchmarks, such as the S&P 500®, Russell 1000®, and Russell 3000® Indices. Under regular operating conditions, a minimum of 80% of its capital is allocated to equity investments in U.S.-based companies. This fund is characterized as non-diversified.

### What is the expense ratio of RLUEX?

Lazard US Equity Concentrated Portfolio (RLUEX) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

### How big is RLUEX?

Lazard US Equity Concentrated Portfolio (RLUEX) manages $1.53B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

### Is RLUEX actively managed or an index fund?

RLUEX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RLUEX's is 0.75%) in exchange for the discretion to over- or under-weight positions.

### When was RLUEX launched?

Lazard US Equity Concentrated Portfolio (RLUEX) launched in November 2016 and is managed by Lazard.

### How has RLUEX performed?

RLUEX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.

### Does RLUEX pay a dividend?

Lazard US Equity Concentrated Portfolio (RLUEX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab.

### How often does RLUEX pay dividends?

Lazard US Equity Concentrated Portfolio pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is RLUEX's dividend yield?

RLUEX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price.

### When is RLUEX's next ex-dividend date?

The most recently announced ex-dividend date for RLUEX was 2024-12-20. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page.

### How much will RLUEX's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 0.75% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees.

### How does RLUEX charge its expense ratio?

The expense ratio is deducted in tiny daily slices from RLUEX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

### Why does RLUEX cost more than a fund like VOO?

RLUEX is actively managed (current expense ratio 0.75%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether RLUEX's fee is competitive for the active-management cohort.

### Are there cheaper alternatives to RLUEX?

The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as RLUEX (0.75%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/rluex
- Distribution history: https://www.dividenddata.com/funds/rluex/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/rluex/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/rluex/expenses
- Peer comparison: https://www.dividenddata.com/funds/rluex/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.