LEVOX: Lazard US Equity Concentrated Open

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LEVOX Lazard US Equity Concentrated Open


Profile

LEVOX - Profile

Vitals

  • YTD Return -2.1%
  • 3 Yr Annualized Return 2.1%
  • 5 Yr Annualized Return 3.7%
  • Net Assets $1.84 B
  • Holdings in Top 10 61.0%

52 WEEK LOW AND HIGH

$16.62
$11.46
$17.89

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.04%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 33.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -2.1%
  • 3 Yr Annualized Total Return 5.0%
  • 5 Yr Annualized Total Return 7.1%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.55%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Lazard US Equity Concentrated Portfolio
  • Fund Family Name
    Lazard
  • Inception Date
    Sep 30, 2005
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Martin Flood

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Categories

Performance

LEVOX - Performance

Return Ranking - Trailing

Period LEVOX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.1% -37.3% 1982.8% 75.02%
1 Yr 0.8% -73.2% 2097.7% 64.25%
3 Yr 2.1%* -33.7% 190.4% 49.18%
5 Yr 3.7%* -21.2% 98.6% 56.10%
10 Yr 6.7%* -6.3% 39.0% 47.17%

* Annualized

Return Ranking - Calendar

Period LEVOX Return Category Return Low Category Return High Rank in Category (%)
2019 30.7% -72.6% 39.5% 5.30%
2018 -15.8% -67.0% 10.0% 57.46%
2017 8.2% -32.8% 33.2% 79.56%
2016 2.4% -18.6% 19.7% 84.57%
2015 3.1% -35.5% 7.8% 2.28%

Total Return Ranking - Trailing

Period LEVOX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.1% -37.3% 1982.8% 75.02%
1 Yr 0.8% -73.2% 2097.7% 64.17%
3 Yr 5.0%* -33.7% 190.4% 53.99%
5 Yr 7.1%* -13.9% 98.6% 58.78%
10 Yr 10.9%* -4.4% 39.0% 37.16%

* Annualized

Total Return Ranking - Calendar

Period LEVOX Return Category Return Low Category Return High Rank in Category (%)
2019 30.7% -72.6% 39.5% 5.30%
2018 -14.0% -67.0% 10.0% 70.96%
2017 15.2% -22.1% 33.2% 77.36%
2016 7.0% -16.4% 26.8% 77.06%
2015 6.7% -26.4% 106.5% 0.87%

NAV & Total Return History


Holdings

LEVOX - Holdings

Concentration Analysis

LEVOX Category Low Category High LEVOX % Rank
Net Assets 1.84 B 1.14 K 974 B 37.24%
Number of Holdings 25 1 3529 97.56%
Net Assets in Top 10 1.05 B 48.8 K 236 B 27.50%
Weighting of Top 10 60.97% 2.3% 100.0% 2.74%

Top 10 Holdings

  1. Alphabet Inc A 8.48%
  2. Medtronic PLC 8.41%
  3. Fiserv Inc 7.41%
  4. Analog Devices Inc 6.46%
  5. Baxter International Inc 5.49%
  6. Public Storage 5.23%
  7. S&P Global Inc 5.21%
  8. McDonald's Corp 4.83%
  9. Intercontinental Exchange Inc 4.73%
  10. Lowe's Companies Inc 4.71%

Asset Allocation

Weighting Return Low Return High LEVOX % Rank
Stocks
99.04% 80.83% 167.47% 51.06%
Cash
0.96% -110.24% 19.17% 45.65%
Preferred Stocks
0.00% 0.00% 14.67% 90.89%
Other
0.00% -4.07% 83.89% 87.79%
Convertible Bonds
0.00% 0.00% 13.87% 90.40%
Bonds
0.00% 0.00% 72.82% 91.06%

Stock Sector Breakdown

Weighting Return Low Return High LEVOX % Rank
Technology
25.33% 0.00% 38.54% 20.30%
Healthcare
14.04% 0.00% 31.05% 73.02%
Consumer Cyclical
13.90% 0.00% 50.96% 11.14%
Financial Services
12.31% 0.00% 42.66% 73.68%
Communication Services
9.64% 0.00% 28.36% 58.66%
Real Estate
9.54% 0.00% 12.00% 0.91%
Industrials
9.47% 0.00% 28.15% 34.41%
Basic Materials
4.71% -0.14% 13.17% 9.32%
Consumer Defense
1.07% 0.00% 32.98% 98.18%
Utilities
0.00% 0.00% 29.37% 98.60%
Energy
0.00% -1.47% 13.74% 98.68%

Stock Geographic Breakdown

Weighting Return Low Return High LEVOX % Rank
US
99.04% 80.53% 157.79% 14.16%
Non US
0.00% -1.85% 19.64% 98.21%

Expenses

LEVOX - Expenses

Operational Fees

LEVOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.04% 0.01% 49.73% 42.09%
Management Fee 0.70% 0.00% 2.00% 80.16%
12b-1 Fee 0.25% 0.00% 1.00% 56.56%
Administrative Fee N/A 0.00% 0.95% 4.00%

Sales Fees

LEVOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

LEVOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% 79.86%

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.

LEVOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 33.00% 0.00% 475.00% 49.50%

Distributions

LEVOX - Distributions

Dividend Yield Analysis

LEVOX Category Low Category High LEVOX % Rank
Dividend Yield 0.00% 0.00% 16.69% 90.57%

Dividend Distribution Analysis

LEVOX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Net Income Ratio Analysis

LEVOX Category Low Category High LEVOX % Rank
Net Income Ratio 0.55% -3.93% 3.34% 81.95%

Capital Gain Distribution Analysis

LEVOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

LEVOX - Fund Manager Analysis

Managers

Martin Flood


Start Date

Tenure

Tenure Rank

Mar 31, 2011

9.43

9.4%

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.

Christopher Blake


Start Date

Tenure

Tenure Rank

May 31, 2012

8.26

8.3%

Christopher Blake is a Managing Director and Portfolio Manager/Analyst on the US Equity Concentrated and US Equity Ultra Concentrated team. He is also responsible for research coverage of companies in the consumer sector. He began working in the investment field in 1995 upon joining Lazard. He has a BSBA in Finance from the University of Denver.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 34.15 6.44 0.67