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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$8.85

$69.3 M

1.72%

$0.15

0.96%

Vitals

YTD Return

-17.9%

1 yr return

5.1%

3 Yr Avg Return

13.4%

5 Yr Avg Return

N/A

Net Assets

$69.3 M

Holdings in Top 10

54.8%

52 WEEK LOW AND HIGH

$8.9
$8.85
$12.28

Expenses

OPERATING FEES

Expense Ratio 0.96%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 73.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$10,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Global Large-Stock Value


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$8.85

$69.3 M

1.72%

$0.15

0.96%

LZFIX - Profile

Distributions

  • YTD Total Return -17.9%
  • 3 Yr Annualized Total Return 13.4%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.29%
DIVIDENDS
  • Dividend Yield 1.7%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Lazard Equity Franchise Portfolio
  • Fund Family Name
    Lazard
  • Inception Date
    Sep 29, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Mulquiney

Fund Description

The Portfolio invests primarily in equity securities, principally common stocks, of U.S. and non-U.S. companies, including those in emerging markets. It normally invests in equity securities listed on a national or other recognized securities exchange of companies that the Investment Manager considers to have an "economic franchise," meaning companies that have historically shown an ability to generate unleveraged returns, at or above their cost of capital, for long periods of time. The Portfolio may invest in the equity securities of any size company. It is non-diversified.


LZFIX - Performance

Return Ranking - Trailing

Period LZFIX Return Category Return Low Category Return High Rank in Category (%)
YTD -17.9% -27.9% 322.7% 17.43%
1 Yr 5.1% -11.4% 77.8% 12.56%
3 Yr 13.4%* -1.8% 25.1% 41.08%
5 Yr N/A* 1.0% 16.5% N/A
10 Yr N/A* 1.7% 16.4% N/A

* Annualized

Return Ranking - Calendar

Period LZFIX Return Category Return Low Category Return High Rank in Category (%)
2021 6.0% -87.2% 57.5% 83.55%
2020 0.0% -26.7% 285.0% 49.59%
2019 15.0% -32.1% 76.3% 77.27%
2018 -14.8% -62.4% 92.3% 40.14%
2017 N/A -72.0% 48.6% N/A

Total Return Ranking - Trailing

Period LZFIX Return Category Return Low Category Return High Rank in Category (%)
YTD -17.9% -27.9% 31.9% 17.50%
1 Yr 5.1% -11.4% 86.0% 20.77%
3 Yr 13.4%* -1.8% 25.1% 34.72%
5 Yr N/A* 0.6% 18.6% N/A
10 Yr N/A* 1.5% 16.4% N/A

* Annualized

Total Return Ranking - Calendar

Period LZFIX Return Category Return Low Category Return High Rank in Category (%)
2021 6.0% -87.2% 57.5% 83.55%
2020 0.0% -26.7% 17709.3% 49.59%
2019 15.0% -32.1% 48.5% 77.36%
2018 -14.5% -37.1% 20.6% 66.02%
2017 N/A -72.0% 33185.7% N/A

NAV & Total Return History


LZFIX - Holdings

Concentration Analysis

LZFIX Category Low Category High LZFIX % Rank
Net Assets 69.3 M 390 K 151 B 83.44%
Number of Holdings 28 2 1736 89.29%
Net Assets in Top 10 60.9 M 1.44 K 32 B 62.03%
Weighting of Top 10 54.84% 5.1% 100.0% 5.31%

Top 10 Holdings

  1. State Street Instl Treasury MMkt Instl 7.12%
  2. Nielsen Holdings PLC 6.83%
  3. H&R Block Inc 6.04%
  4. National Grid PLC 6.01%
  5. National Grid PLC 6.01%
  6. National Grid PLC 6.01%
  7. National Grid PLC 6.01%
  8. National Grid PLC 6.01%
  9. National Grid PLC 6.01%
  10. National Grid PLC 6.01%

Asset Allocation

Weighting Return Low Return High LZFIX % Rank
Stocks
88.60% 51.79% 120.86% 96.93%
Cash
11.41% -43.80% 26.37% 1.19%
Preferred Stocks
0.00% 0.00% 26.97% 43.73%
Other
0.00% -16.25% 26.80% 39.35%
Convertible Bonds
0.00% 0.00% 9.12% 40.66%
Bonds
0.00% -0.29% 37.44% 41.42%

Stock Sector Breakdown

Weighting Return Low Return High LZFIX % Rank
Healthcare
25.89% 0.00% 37.03% 2.39%
Industrials
22.61% 0.00% 45.76% 4.15%
Consumer Cyclical
21.03% 0.00% 26.64% 0.44%
Technology
8.99% 0.00% 54.02% 71.46%
Utilities
8.19% 0.00% 34.45% 13.89%
Communication Services
6.74% 0.00% 26.58% 36.96%
Financial Services
4.62% 0.00% 51.48% 97.05%
Consumer Defense
1.93% 0.00% 33.79% 96.42%
Real Estate
0.00% 0.00% 90.62% 86.05%
Energy
0.00% 0.00% 34.62% 95.66%
Basic Materials
0.00% 0.00% 26.24% 94.53%

Stock Geographic Breakdown

Weighting Return Low Return High LZFIX % Rank
US
59.63% 26.40% 118.49% 99.37%
Non US
28.97% 0.00% 45.02% 1.50%

LZFIX - Expenses

Operational Fees

LZFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.96% 0.01% 4.02% 31.59%
Management Fee 0.80% 0.00% 1.69% 91.82%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

LZFIX 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 0.95% 5.50% N/A

Trading Fees

LZFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

LZFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 73.00% 0.00% 488.00% 76.02%

LZFIX - Distributions

Dividend Yield Analysis

LZFIX Category Low Category High LZFIX % Rank
Dividend Yield 1.72% 0.00% 7.99% 58.93%

Dividend Distribution Analysis

LZFIX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Monthly Monthly

Net Income Ratio Analysis

LZFIX Category Low Category High LZFIX % Rank
Net Income Ratio 1.29% -1.51% 5.38% 54.07%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

LZFIX - Fund Manager Analysis

Managers

John Mulquiney


Start Date

Tenure

Tenure Rank

Sep 29, 2017

4.67

4.7%

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

Sep 29, 2017

4.67

4.7%

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.

Bertrand Cliquet


Start Date

Tenure

Tenure Rank

Sep 29, 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.

Matthew Landy


Start Date

Tenure

Tenure Rank

Sep 29, 2017

4.67

4.7%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 86.42 7.38 6.55