Lazard Global Listed Infrastructure Open
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
3.8%
1 yr return
13.8%
3 Yr Avg Return
9.0%
5 Yr Avg Return
6.8%
Net Assets
$8.56 B
Holdings in Top 10
63.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.22%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 28.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Infrastructure
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
GLFOX - Profile
Distributions
- YTD Total Return 3.8%
- 3 Yr Annualized Total Return 9.0%
- 5 Yr Annualized Total Return 6.8%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 3.50%
- Dividend Yield 3.4%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameLazard Global Listed Infrastructure Portfolio
-
Fund Family NameLazard
-
Inception DateDec 31, 2009
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJohn Mulquiney
Fund Description
The fund invests primarily in equity securities, principally common stocks, of infrastructure companies and concentrates its investments in industries represented by infrastructure companies. It invests at least 80% of its assets in equity securities of infrastructure companies, which consist of utilities, pipelines, toll roads, airports, railroads, ports, telecommunications and other infrastructure companies, with securities listed on a national or other recognized securities exchange.
GLFOX - Performance
Return Ranking - Trailing
Period | GLFOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.8% | -16.2% | 34.1% | 16.67% |
1 Yr | 13.8% | -22.4% | 16.2% | 5.61% |
3 Yr | 9.0%* | 5.3% | 21.1% | 32.26% |
5 Yr | 6.8%* | 4.6% | 13.2% | 65.06% |
10 Yr | 13.2%* | 6.3% | 13.5% | 4.35% |
* Annualized
Return Ranking - Calendar
Period | GLFOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2021 | 12.6% | -28.7% | 35.7% | 38.10% |
2020 | -7.2% | -12.9% | 28.8% | 82.61% |
2019 | 16.8% | 9.9% | 33.6% | 93.18% |
2018 | -15.6% | -19.8% | -5.3% | 84.62% |
2017 | 12.7% | 4.0% | 18.0% | 41.79% |
Total Return Ranking - Trailing
Period | GLFOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.8% | -20.4% | 34.1% | 16.67% |
1 Yr | 13.8% | -22.4% | 95.0% | 9.73% |
3 Yr | 9.0%* | 4.9% | 21.1% | 34.34% |
5 Yr | 6.8%* | 4.6% | 13.2% | 50.60% |
10 Yr | 13.2%* | 6.3% | 13.5% | 4.35% |
* Annualized
Total Return Ranking - Calendar
Period | GLFOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2021 | 12.6% | -28.7% | 35.7% | 38.10% |
2020 | -7.2% | -12.9% | 28.8% | 82.61% |
2019 | 16.8% | 9.9% | 33.6% | 93.18% |
2018 | -11.9% | -19.8% | -3.9% | 62.82% |
2017 | 20.4% | 4.0% | 22.0% | 4.48% |
NAV & Total Return History
GLFOX - Holdings
Concentration Analysis
GLFOX | Category Low | Category High | GLFOX % Rank | |
---|---|---|---|---|
Net Assets | 8.56 B | 1.76 M | 8.56 B | 0.91% |
Number of Holdings | 31 | 21 | 233 | 89.08% |
Net Assets in Top 10 | 4.98 B | 4.15 K | 4.98 B | 0.84% |
Weighting of Top 10 | 62.99% | 8.2% | 81.8% | 2.52% |
Top 10 Holdings
- State Str Instl Invt Tr 13.81%
- National Grid PLC 8.78%
- National Grid PLC 8.78%
- National Grid PLC 8.78%
- National Grid PLC 8.78%
- National Grid PLC 8.78%
- National Grid PLC 8.78%
- National Grid PLC 8.78%
- National Grid PLC 8.78%
- National Grid PLC 8.78%
Asset Allocation
Weighting | Return Low | Return High | GLFOX % Rank | |
---|---|---|---|---|
Stocks | 86.09% | 86.09% | 141.46% | 99.16% |
Cash | 13.91% | -11.28% | 13.91% | 0.84% |
Preferred Stocks | 0.00% | 0.00% | 2.81% | 39.50% |
Other | 0.00% | -47.56% | 13.60% | 52.94% |
Convertible Bonds | 0.00% | 0.00% | 2.46% | 39.50% |
Bonds | 0.00% | 0.00% | 6.41% | 39.50% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GLFOX % Rank | |
---|---|---|---|---|
Utilities | 61.38% | 0.00% | 96.19% | 15.13% |
Industrials | 33.99% | 0.00% | 86.81% | 23.53% |
Communication Services | 2.76% | 0.00% | 27.53% | 57.14% |
Technology | 1.86% | 0.00% | 27.38% | 17.65% |
Real Estate | 0.00% | 0.00% | 59.87% | 88.24% |
Healthcare | 0.00% | 0.00% | 6.54% | 39.50% |
Financial Services | 0.00% | 0.00% | 17.28% | 44.54% |
Energy | 0.00% | 0.00% | 32.46% | 89.08% |
Consumer Defense | 0.00% | 0.00% | 0.99% | 42.02% |
Consumer Cyclical | 0.00% | 0.00% | 10.63% | 42.86% |
Basic Materials | 0.00% | 0.00% | 32.18% | 59.66% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GLFOX % Rank | |
---|---|---|---|---|
Non US | 67.90% | 0.00% | 99.06% | 3.36% |
US | 18.19% | 0.00% | 100.00% | 98.32% |
GLFOX - Expenses
Operational Fees
GLFOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.22% | 0.22% | 2.29% | 33.05% |
Management Fee | 0.90% | 0.30% | 1.25% | 77.27% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 40.38% |
Administrative Fee | N/A | 0.04% | 0.15% | 3.54% |
Sales Fees
GLFOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 2.25% | N/A |
Trading Fees
GLFOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | 90.38% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
GLFOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 28.00% | 13.00% | 128.00% | 15.91% |
GLFOX - Distributions
Dividend Yield Analysis
GLFOX | Category Low | Category High | GLFOX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.39% | 0.00% | 3.93% | 4.20% |
Dividend Distribution Analysis
GLFOX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Semi-Annually | Monthly | Semi-Annually |
Net Income Ratio Analysis
GLFOX | Category Low | Category High | GLFOX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.50% | -0.39% | 4.38% | 5.66% |
Capital Gain Distribution Analysis
GLFOX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Dividend Payout History
Date | Amount | Type |
---|---|---|
Jun 23, 2022 | $0.145 | OrdinaryDividend |
Mar 23, 2022 | $0.172 | OrdinaryDividend |
Sep 22, 2021 | $0.256 | OrdinaryDividend |
Jun 23, 2021 | $0.025 | OrdinaryDividend |
Mar 23, 2021 | $0.001 | OrdinaryDividend |
Sep 22, 2020 | $0.001 | OrdinaryDividend |
Dec 23, 2019 | $0.148 | OrdinaryDividend |
Sep 23, 2019 | $0.190 | OrdinaryDividend |
Aug 22, 2019 | $0.163 | OrdinaryDividend |
Jun 24, 2019 | $0.091 | OrdinaryDividend |
Mar 22, 2019 | $0.071 | OrdinaryDividend |
Sep 24, 2018 | $0.090 | OrdinaryDividend |
Jun 22, 2018 | $0.030 | OrdinaryDividend |
Mar 22, 2018 | $0.020 | OrdinaryDividend |
Jun 22, 2017 | $0.000 | OrdinaryDividend |
Mar 22, 2017 | $0.021 | OrdinaryDividend |
Sep 28, 2016 | $0.021 | OrdinaryDividend |
Jun 28, 2016 | $0.050 | OrdinaryDividend |
Mar 29, 2016 | $0.051 | OrdinaryDividend |
Sep 22, 2015 | $0.108 | OrdinaryDividend |
Jun 23, 2015 | $0.106 | OrdinaryDividend |
Mar 24, 2015 | $0.048 | OrdinaryDividend |
Sep 23, 2014 | $0.087 | OrdinaryDividend |
Jun 24, 2014 | $0.049 | OrdinaryDividend |
Mar 25, 2014 | $0.106 | OrdinaryDividend |
Sep 27, 2013 | $0.096 | OrdinaryDividend |
Jun 28, 2013 | $0.096 | OrdinaryDividend |
Mar 28, 2013 | $0.058 | OrdinaryDividend |
Sep 28, 2012 | $0.058 | OrdinaryDividend |
Aug 07, 2012 | $0.090 | ExtraDividend |
Jun 28, 2012 | $0.058 | OrdinaryDividend |
Mar 28, 2012 | $0.041 | OrdinaryDividend |
Sep 29, 2011 | $0.040 | OrdinaryDividend |
Jun 29, 2011 | $0.036 | OrdinaryDividend |
Mar 29, 2011 | $0.037 | OrdinaryDividend |
Dec 29, 2010 | $0.049 | OrdinaryDividend |
GLFOX - Fund Manager Analysis
Managers
John Mulquiney
Start Date
Tenure
Tenure Rank
Dec 31, 2009
12.42
12.4%
John Mulquiney is a Portfolio Manager/Analyst on the Global Listed Infrastructure and Global Equity Franchise teams. He has been working in the investment field since 1997. Prior to joining Lazard in August 2005, John worked at Tyndall Australia where he covered stocks in various sectors including financials, consumer discretionary, health care and materials. John was also in the Asset and Infrastructure Group at Macquarie Bank, where he undertook transactions and developed valuation models for airports, electricity generators, rail projects and health infrastructure. John holds a PhD from the Australian National University, and a BA (Hons) from Sydney University. He is a CFA® charter holder.
Warryn Robertson
Start Date
Tenure
Tenure Rank
Dec 31, 2009
12.42
12.4%
Warryn Robertson is a portfolio manager/analyst on the Lazard Asset Management's Global Listed Infrastructure and Global Equity Franchise teams. Prior to joining Lazard Asset Management in April 2001, Mr. Robertson spent three years with Capital Partners, an independent advisory house, where he was an associate director developing business valuations for infrastructure assets and other alternative equity investments including airports, toll roads, timber plantations, power stations and coal mines. Mr. Robertson is a member of the Securities Institute of Australia and the Institute of Chartered Accountants.
Matthew Landy
Start Date
Tenure
Tenure Rank
Mar 31, 2016
6.17
6.2%
Matthew Landy—Matthew Landy is a portfolio manager/analyst on the Global Listed Infrastructure and Global Equity Franchise teams. He began working in the investment field in 1995. Prior to joining Lazard in 2006, Landy worked in the private equity industry where he was involved in early stage venture capital in Europe and management buy-out investing in Australia. Previously he was an equity analyst with Tyndall Investment Management covering stocks in the consumer staples, consumer discretionary, and industrial sectors. Landy has a BCom and a BA from Monash University in Melbourne, Australia. Landy has served as a portfolio manager for the Fund since its inception.
Bertrand Cliquet
Start Date
Tenure
Tenure Rank
Sep 30, 2017
4.67
4.7%
Bertrand Cliquet is a Portfolio Manager/Analyst on the Global Listed Infrastructure and Global Equity Franchise teams. Before joining Lazard in 2004, Bertrand worked for Goldman Sachs International as a Research Analyst. Earlier, he worked in the Mergers and Acquisitions group at Deutsche Bank, focusing on the utility and retail sectors. He also did an internship at Enskilda Securities in Paris, where he worked as an analyst covering the retail sector. Bertrand has been working in the investment field since 1999. He attained a business degree from HEC in Paris, with a major in Finance. Bertrand was awarded the Prize of the "Club Finance International", and the Prize of the HEC Foundation for his thesis on "The deregulation of the European electricity market and its consequences for electricity prices and the strategic positioning of energy companies". Bertrand is fluent in both French and German. He is a CFA® charter holder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.17 | 18.18 | 5.92 | 8.08 |