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Lazard US Equity Concentrated Portfolio R6 Shares (RLUEX)

Nasdaq - Nasdaq Delayed Price. Currency in USD
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19.29+0.29 (+1.53%)
At close: 8:00PM EST

Lazard US Equity Concentrated Portfolio R6 Shares

Lazard Funds Inc

30 Rockefeller Plaza

New York, NY 10112

Management Information
Martin H. Flood,Lead Manager since March 30, 2011
Martin Flood is a Managing Director and Portfolio Manager/Analyst on various US and global equity strategies, focusing on client communications. In addition, Martin is a Portfolio Manager/Analyst for the US Equity Select Tax Aware strategy, which focuses on after-tax returns for private clients. He began working in the investment field in 1993. Prior to joining Lazard in 1996, Martin was a Senior Accountant with Arthur Andersen LLP. He has a BS in accounting from St. John's University.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryLarge Blend
Fund FamilyLazard
Net Assets1.97B
YTD Return8.90%
Morningstar Rating★★★
Inception DateNov. 14, 2016

Fund Operations

Last Dividend0.11
Last Cap Gain0.00
Holdings Turnover33.00%
Average for CategoryN/A

Fees & Expenses

ExpenseRLUEXCategory Average
Annual Report Expense Ratio (net)0.77%0.90%
Prospectus Net Expense Ratio0.77%N/A
Prospectus Gross Expense Ratio1.21%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A5.20%
Max Deferred Sales LoadN/A1.30%
3 Yr Expense Projection306N/A
5 Yr Expense Projection552N/A
10 Yr Expense Projection1,257N/A