Lazard US Equity Concentrated Open
- LEVOX
- Price as of: Nov 27, 2020
-
$18.01
N/A N/A
- Primary Theme
- U.S. Large-Cap Blend Equity
- Fund Company
- Lazard
- Share Class
LEVOX - Snapshot
Vitals
- YTD Return 6.5%
- 3 Yr Annualized Return 7.1%
- 5 Yr Annualized Return 8.0%
- Net Assets $1.76 B
- Holdings in Top 10 61.6%
52 WEEK LOW AND HIGH
$18.01
$11.46
$18.08
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
-
Primary Theme
U.S. Large-Cap Blend Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Blend
LEVOX - Profile
Distributions
- YTD Total Return 6.5%
- 3 Yr Annualized Total Return 7.1%
- 5 Yr Annualized Total Return 8.0%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 0.55%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameLazard US Equity Concentrated Portfolio
-
Fund Family NameLazard
-
Inception DateSep 30, 2005
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMartin Flood
LEVOX - Performance
Return Ranking - Trailing
| Period | LEVOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.5% | -36.5% | 2188.6% | 80.46% |
| 1 Yr | 1.9% | -21.4% | 36.7% | 78.26% |
| 3 Yr | 7.1%* | -18.8% | 14.0% | 65.94% |
| 5 Yr | 8.0%* | -6.8% | 15.3% | 81.98% |
| 10 Yr | 11.4%* | -1.0% | 16.4% | 54.87% |
* Annualized
Return Ranking - Calendar
| Period | LEVOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 30.7% | -22.7% | 41.1% | 5.78% |
| 2018 | -15.8% | -100.0% | 1.4% | 61.08% |
| 2017 | 8.2% | -100.0% | 33.2% | 79.61% |
| 2016 | 2.4% | -44.8% | 25.0% | 84.29% |
| 2015 | 3.1% | -51.1% | 20.5% | 3.33% |
Total Return Ranking - Trailing
| Period | LEVOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.5% | -36.5% | 2188.6% | 80.46% |
| 1 Yr | 1.9% | -21.4% | 36.7% | 74.39% |
| 3 Yr | 7.1%* | -18.8% | 14.0% | 62.41% |
| 5 Yr | 8.0%* | -6.8% | 15.3% | 79.40% |
| 10 Yr | 11.4%* | -1.0% | 16.4% | 52.54% |
* Annualized
Total Return Ranking - Calendar
| Period | LEVOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 30.7% | -21.6% | 41.1% | 5.78% |
| 2018 | -14.0% | -100.0% | 1.4% | 71.99% |
| 2017 | 15.2% | -100.0% | 33.2% | 76.35% |
| 2016 | 7.0% | -16.4% | 26.8% | 75.30% |
| 2015 | 6.7% | -26.4% | 106.5% | 1.37% |
NAV & Total Return History
LEVOX - Holdings
Concentration Analysis
| LEVOX | Category Low | Category High | LEVOX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.76 B | 153 K | 921 B | 34.46% |
| Number of Holdings | 25 | 1 | 3591 | 94.67% |
| Net Assets in Top 10 | 1.1 B | -95.2 M | 210 B | 25.93% |
| Weighting of Top 10 | 61.61% | 2.3% | 100.0% | 4.24% |
Top 10 Holdings
- Medtronic PLC 9.05%
- Alphabet Inc A 7.79%
- Fiserv Inc 7.69%
- Analog Devices Inc 5.99%
- Public Storage 5.80%
- Baxter International Inc 5.49%
- McDonald's Corp 5.41%
- Vulcan Materials Co 5.01%
- Intercontinental Exchange Inc 4.97%
- S&P Global Inc 4.95%
Asset Allocation
| Weighting | Return Low | Return High | LEVOX % Rank | |
|---|---|---|---|---|
| Stocks | 97.84% | 0.00% | 148.88% | 72.99% |
| Cash | 2.16% | -110.24% | 100.00% | 23.97% |
| Preferred Stocks | 0.00% | 0.00% | 14.67% | 60.36% |
| Other | 0.00% | -7.86% | 100.00% | 59.42% |
| Convertible Bonds | 0.00% | 0.00% | 27.81% | 57.53% |
| Bonds | 0.00% | 0.00% | 85.20% | 59.89% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | LEVOX % Rank | |
|---|---|---|---|---|
| Technology | 23.08% | 0.00% | 52.52% | 58.78% |
| Healthcare | 14.20% | 0.00% | 53.39% | 57.96% |
| Consumer Cyclical | 14.16% | 0.00% | 53.63% | 12.37% |
| Financial Services | 12.37% | 0.00% | 44.52% | 64.73% |
| Real Estate | 10.00% | 0.00% | 18.16% | 1.03% |
| Industrials | 9.18% | 0.00% | 29.63% | 44.22% |
| Communication Services | 8.98% | 0.00% | 34.05% | 67.74% |
| Basic Materials | 5.12% | 0.00% | 34.89% | 11.62% |
| Consumer Defense | 2.90% | 0.00% | 46.61% | 96.04% |
| Utilities | 0.00% | 0.00% | 18.14% | 92.89% |
| Energy | 0.00% | 0.00% | 13.74% | 93.03% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | LEVOX % Rank | |
|---|---|---|---|---|
| US | 97.84% | 0.00% | 147.48% | 33.76% |
| Non US | 0.00% | 0.00% | 62.26% | 96.22% |
LEVOX - Expenses
Operational Fees
| LEVOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.04% | 0.01% | 20.53% | 37.95% |
| Management Fee | 0.70% | 0.00% | 2.00% | 76.84% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 49.53% |
| 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 | 1.00% | 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% | 451.00% | 50.75% |
LEVOX - Distributions
Dividend Yield Analysis
| LEVOX | Category Low | Category High | LEVOX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 17.60% | 61.74% |
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% | -3.04% | 3.34% | 82.08% |
Capital Gain Distribution Analysis
| LEVOX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 24, 2018 | $0.163 |
| Dec 22, 2017 | $0.096 |
| Aug 22, 2017 | $0.000 |
| Dec 23, 2016 | $0.010 |
| Dec 22, 2015 | $0.000 |
| Dec 23, 2014 | $0.034 |
| Dec 24, 2013 | $0.082 |
| Aug 20, 2013 | $0.000 |
| Dec 26, 2012 | $0.066 |
| Dec 29, 2011 | $0.139 |
| Dec 29, 2010 | $0.068 |
| Dec 30, 2009 | $0.095 |
| Dec 23, 2008 | $0.143 |
| Aug 29, 2006 | $0.067 |
| Dec 21, 2005 | $0.021 |
LEVOX - Fund Manager Analysis
Managers
Martin Flood
Start Date
Tenure
Tenure Rank
Mar 31, 2011
9.59
9.6%
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
8.42
8.4%
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 |
|---|---|---|---|
| 0.01 | 41.86 | 6.27 | 0.67 |