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LEVOX Lazard US Equity Concentrated Open

  • Fund
  • LEVOX
  • Price as of: May 20, 2019
  • $14.88 - $0.14 - 0.93%
  • Category
  • Large Cap Blend Equities

LEVOX - Profile

Vitals

  • YTD Return 14.5%
  • 3 Yr Annualized Return 2.4%
  • 5 Yr Annualized Return 2.5%
  • Net Assets $1.3 B
  • Holdings in Top 10 66.6%

52 WEEK LOW AND HIGH

$14.88
$12.28
$16.39

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.03%

SALES FEES

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

BROKERAGE FEES

  • Turnover 69.00%

TRADING FEES

  • Max Redemption Fee 1.00%

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

Large Cap Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Blend

Distributions

  • YTD Total Return 15.6%
  • 3 Yr Annualized Total Return 7.3%
  • 5 Yr Annualized Total Return 8.4%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.85%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency 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

LEVOX - Performance

Return Ranking - Trailing

Period LEVOX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.5% -14.1% 31.7% 11.71%
1 Yr -4.6% -61.3% 33.4% 39.74%
3 Yr 2.4%* -31.9% 21.1% 58.12%
5 Yr 2.5%* -23.5% 12.0% 35.79%
10 Yr 7.9%* -6.2% 19.0% 46.29%

* Annualized


Return Ranking - Calendar

Period LEVOX Return Category Return Low Category Return High Rank in Category (%)
2018 -15.8% -67.0% 16.7% 49.34%
2017 8.2% -32.8% 34.8% 70.63%
2016 2.4% -28.0% 20.8% 76.61%
2015 3.1% -46.9% 5.7% 1.54%
2014 6.5% -31.3% 53.8% 41.35%

Total Return Ranking - Trailing

Period LEVOX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.6% -14.1% 31.7% 11.71%
1 Yr -1.7% -61.3% 34.2% 54.80%
3 Yr 7.3%* -29.3% 21.6% 59.04%
5 Yr 8.4%* -19.4% 13.9% 23.29%
10 Yr 12.4%* -4.0% 23.7% 30.71%

* Annualized


Total Return Ranking - Calendar

Period LEVOX Return Category Return Low Category Return High Rank in Category (%)
2018 -14.0% -67.0% 17.4% 65.55%
2017 15.2% -22.1% 34.8% 65.85%
2016 7.0% -14.7% 21.8% 69.25%
2015 6.7% -40.3% 7.0% 0.31%
2014 18.3% -24.8% 56.3% 0.76%

NAV & Total Return History

LEVOX - Holdings

Concentration Analysis

LEVOX Category Low Category High LEVOX % Rank
Net Assets 1.3 B 1.88 M 804 B 42.47%
Number of Holdings 21 7 3615 93.47%
Net Assets in Top 10 849 M -57.2 M 135 B 24.80%
Weighting of Top 10 66.58% 2.4% 936.4% 11.24%

Top 10 Holdings

  1. Medtronic PLC 10.93%

  2. Cisco Systems Inc 9.87%

  3. Coca-Cola Co 7.99%

  4. Analog Devices Inc 7.67%

  5. Alphabet Inc A 6.82%

  6. Armstrong World Industries Inc 5.42%

  7. Vulcan Materials Co 4.97%

  8. Baxter International Inc 4.97%

  9. Intercontinental Exchange Inc 4.04%

  10. Lowe's Companies Inc 3.90%


Asset Allocation

Weighting Return Low Return High LEVOX % Rank
Stocks
95.28% -6.79% 687.17% 74.60%
Cash
4.72% -187.97% 80.44% 17.77%
Preferred Stocks
0.00% -0.37% 6.87% 74.70%
Other
0.00% -4.04% 22.06% 73.80%
Convertible Bonds
0.00% 0.00% 6.54% 73.59%
Bonds
0.00% -595.81% 186.14% 75.40%

Stock Sector Breakdown

Weighting Return Low Return High LEVOX % Rank
Technology
34.07% -67.56% 52.42% 1.81%
Healthcare
18.53% 0.00% 47.60% 4.02%
Basic Materials
10.39% 0.00% 90.41% 0.91%
Consumer Cyclical
9.52% -0.92% 33.07% 72.84%
Consumer Defense
9.16% 0.00% 64.11% 18.91%
Financial Services
7.91% 0.00% 187.22% 87.83%
Industrials
5.68% 0.00% 77.42% 89.74%
Utilities
0.00% -1.30% 19.90% 94.47%
Real Estate
0.00% -1.87% 13.40% 93.86%
Energy
0.00% -1.65% 306.37% 97.69%
Communication Services
0.00% -0.65% 14.58% 96.88%

Stock Geographic Breakdown

Weighting Return Low Return High LEVOX % Rank
US
95.28% -6.79% 223.50% 43.27%
Non US
0.00% 0.00% 463.67% 97.59%

LEVOX - Expenses

Operational Fees

LEVOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.03% 0.00% 153.75% 48.99%
Management Fee 0.70% 0.00% 1.50% 75.50%
12b-1 Fee 0.25% 0.00% 1.00% 47.60%
Administrative Fee 0.02% 0.00% 0.85% 5.01%

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 1.00% 0.15% 2.00% 74.07%

Turnover 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 69.00% 0.00% 836.00% 71.01%

LEVOX - Distributions

Dividend Yield Analysis

LEVOX Category Low Category High LEVOX % Rank
Dividend Yield 0.01% 0.00% 0.10% 35.04%

Dividend Distribution Analysis

LEVOX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Quarterly

Dividend Payout History


Net Income Ratio Analysis

LEVOX Category Low Category High LEVOX % Rank
Net Income Ratio 0.85% -1.49% 3.64% 55.35%

Capital Gain Distribution Analysis

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

LEVOX - Managers

Martin Flood

Manager

Start Date

Tenure

Tenure Rank

Mar 31, 2011

8.09

8.1%

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 (PCG) 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. Martin is currently on the Board of Directors for the Cancer Research and Treatment Fund.


Christopher H. Blake

Manager

Start Date

Tenure

Tenure Rank

May 31, 2012

6.92

6.9%

Christopher Blake is a Portfolio Manager/Analyst on the US Strategic Equity, US Equity Concentrated and US Mid Cap Equity portfolio teams. He began working in the investment field in 1995 as a Lazard Research Analyst. He has a BSBA in Finance from the University of Denver.


Tenure Analysis

Category Low

0.0

Category High

83.5

Category Average

6.99

Category Mode

3.62