# The Lazard Funds, Inc. - Lazard US Sustainable Equity Portfolio (SUSLX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/suslx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Lazard · Asset class: Equity - Strategy: Actively Managed · Inception: 2020-06-30 Under typical market conditions, this fund commits a minimum of 80% of its holdings to the stock of environmentally and socially responsible U.S. corporations. A maximum of 20% of its capital may be directed towards non-domestic companies, which can encompass businesses in emerging economies. Despite being formally designated as "diversified" under the revised Investment Company Act of 1940, the portfolio's investments might be concentrated in fewer individual companies compared to other investment funds boasting greater diversification. ## Key Facts | Metric | Value | |---|---| | Price | $14.91 | | Expense Ratio | 1.00% | | Assets Under Management | $9.2M | | NAV | $14.91 (2025-07-23 close) | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $12.46 – $15.56 | | Beta | 0.96 | ## Latest Distribution - Amount: $0.1310 /share - Ex-date: 2025-07-17 - Pay date: — ## Frequently Asked Questions ### What does SUSLX invest in? Under typical market conditions, this fund commits a minimum of 80% of its holdings to the stock of environmentally and socially responsible U.S. corporations. A maximum of 20% of its capital may be directed towards non-domestic companies, which can encompass businesses in emerging economies. Despite being formally designated as "diversified" under the revised Investment Company Act of 1940, the portfolio's investments might be concentrated in fewer individual companies compared to other investment funds boasting greater diversification. ### What is the expense ratio of SUSLX? The Lazard Funds, Inc. - Lazard US Sustainable Equity Portfolio (SUSLX) charges an expense ratio of 1.00%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SUSLX? The Lazard Funds, Inc. - Lazard US Sustainable Equity Portfolio (SUSLX) manages $9.2M 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 SUSLX actively managed or an index fund? SUSLX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (SUSLX's is 1.00%) in exchange for the discretion to over- or under-weight positions. ### When was SUSLX launched? The Lazard Funds, Inc. - Lazard US Sustainable Equity Portfolio (SUSLX) launched in June 2020 and is managed by Lazard. ### How has SUSLX performed? SUSLX'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 SUSLX pay a dividend? The Lazard Funds, Inc. - Lazard US Sustainable Equity Portfolio (SUSLX) 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 SUSLX pay dividends? The Lazard Funds, Inc. - Lazard US Sustainable Equity Portfolio pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SUSLX's dividend yield? SUSLX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is SUSLX's next ex-dividend date? The most recently announced ex-dividend date for SUSLX was 2025-07-17. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will SUSLX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.00% 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 SUSLX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SUSLX'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 SUSLX cost more than a fund like VOO? SUSLX is actively managed (current expense ratio 1.00%). 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 SUSLX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to SUSLX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SUSLX (1.00%) 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/suslx - Distribution history: https://www.dividenddata.com/funds/suslx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/suslx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/suslx/expenses - Peer comparison: https://www.dividenddata.com/funds/suslx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.