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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.43

$69.6 M

0.00%

0.40%

Vitals

YTD Return

-4.1%

1 yr return

-2.0%

3 Yr Avg Return

0.6%

5 Yr Avg Return

0.9%

Net Assets

$69.6 M

Holdings in Top 10

99.8%

52 WEEK LOW AND HIGH

$9.4
$9.42
$9.86

Expenses

OPERATING FEES

Expense Ratio 0.40%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 100.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$10,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Ultrashort Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.43

$69.6 M

0.00%

0.40%

UMNIX - Profile

Distributions

  • YTD Total Return -4.1%
  • 3 Yr Annualized Total Return 0.6%
  • 5 Yr Annualized Total Return 0.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.22%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Lazard US Short Duration Fixed Income Portfolio
  • Fund Family Name
    Lazard
  • Inception Date
    Feb 28, 2011
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Senesac

Fund Description

Under normal circumstances, the Portfolio invests at least 80% of its assets in fixed-income securities of U.S. issuers, including U.S. government securities, corporate securities, mortgage-related and asset-backed securities, municipal securities, structured products, preferred stocks and inflation-indexed-securities. It may invest up to 20% of its assets in other securities which need not be fixed-income securities of U.S. issuers.


UMNIX - Performance

Return Ranking - Trailing

Period UMNIX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.1% -6.4% 0.2% 90.21%
1 Yr -2.0% -5.1% 0.4% 88.84%
3 Yr 0.6%* -1.2% 2.3% 69.09%
5 Yr 0.9%* -1.1% 2.6% 81.28%
10 Yr 0.6%* -0.7% 2.9% 76.87%

* Annualized

Return Ranking - Calendar

Period UMNIX Return Category Return Low Category Return High Rank in Category (%)
2021 -0.6% -2.1% 48.5% 70.93%
2020 1.2% -50.6% 1.8% 2.30%
2019 0.7% -1.2% 10.6% 32.35%
2018 -0.9% -19.3% 0.4% 79.89%
2017 -0.7% -3.2% 100.0% 93.17%

Total Return Ranking - Trailing

Period UMNIX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.1% -6.5% 100.7% 89.79%
1 Yr -2.0% -8.9% 0.4% 83.26%
3 Yr 0.6%* -2.9% 2.3% 64.55%
5 Yr 0.9%* -2.3% 2.6% 76.85%
10 Yr 0.6%* -1.1% 2.9% 75.37%

* Annualized

Total Return Ranking - Calendar

Period UMNIX Return Category Return Low Category Return High Rank in Category (%)
2021 -0.6% -2.1% 48.5% 70.93%
2020 1.2% -50.6% 1.8% 2.30%
2019 0.7% -1.2% 10.6% 33.33%
2018 -0.9% -19.3% 2.0% 84.36%
2017 -0.7% -3.2% 100.0% 93.79%

NAV & Total Return History


UMNIX - Holdings

Concentration Analysis

UMNIX Category Low Category High UMNIX % Rank
Net Assets 69.6 M 24.5 K 19.8 B 85.95%
Number of Holdings 12 1 3396 96.68%
Net Assets in Top 10 71.7 M -200 M 16.1 B 61.83%
Weighting of Top 10 99.81% 2.6% 100.0% 1.29%

Top 10 Holdings

  1. United States Treasury Notes 0.875% 51.65%
  2. United States Treasury Notes 2% 18.72%
  3. United States Treasury Notes 0.125% 16.31%
  4. United States Treasury Notes 0.375% 16.13%
  5. United States Treasury Notes 1.12% 12.16%
  6. United States Treasury Notes 2% 11.53%
  7. United States Treasury Notes 1.875% 11.25%
  8. United States Treasury Notes 1.5% 11.07%
  9. United States Treasury Notes 1.875% 11.03%
  10. United States Treasury Notes 1.12% 8.97%

Asset Allocation

Weighting Return Low Return High UMNIX % Rank
Bonds
98.69% 0.00% 123.41% 6.22%
Cash
1.31% -24.02% 100.00% 88.80%
Stocks
0.00% 0.00% 3.35% 85.48%
Preferred Stocks
0.00% 0.00% 0.00% 84.65%
Other
0.00% -10.38% 3.22% 87.14%
Convertible Bonds
0.00% 0.00% 15.25% 97.51%

Bond Sector Breakdown

Weighting Return Low Return High UMNIX % Rank
Government
86.98% 0.00% 100.00% 2.49%
Corporate
10.67% 0.00% 99.91% 76.76%
Cash & Equivalents
1.52% 0.00% 100.00% 93.36%
Securitized
0.83% 0.00% 100.00% 78.01%
Derivative
0.00% 0.00% 23.15% 88.80%
Municipal
0.00% 0.00% 70.39% 94.61%

Bond Geographic Breakdown

Weighting Return Low Return High UMNIX % Rank
US
98.69% 0.00% 100.00% 4.15%
Non US
0.00% 0.00% 72.88% 98.76%

UMNIX - Expenses

Operational Fees

UMNIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.40% 0.03% 4.12% 45.61%
Management Fee 0.25% 0.00% 1.19% 52.89%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% 4.42%

Sales Fees

UMNIX 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 0.25% 1.00% N/A

Trading Fees

UMNIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 1.00% 40.00%

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.

UMNIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 100.00% 0.00% 369.54% 76.62%

UMNIX - Distributions

Dividend Yield Analysis

UMNIX Category Low Category High UMNIX % Rank
Dividend Yield 0.00% 0.00% 2.87% 56.20%

Dividend Distribution Analysis

UMNIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

UMNIX Category Low Category High UMNIX % Rank
Net Income Ratio 0.22% -1.30% 14.86% 72.41%

Capital Gain Distribution Analysis

UMNIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History

View More +

UMNIX - Fund Manager Analysis

Managers

John Senesac


Start Date

Tenure

Tenure Rank

Feb 28, 2011

11.26

11.3%

John R. Senesac, Jr., a Director of Lazard Asset Management LLC, is a portfolio manager/analyst on the Lazard Asset Management's US Fixed Income teams. Prior to joining Lazard Asset Management in 2000, Mr. Senesac was associated with Alliance Capital/Regent Investor Services and Trenwick America Reinsurance Corporation. Mr. Senesac is a CFA Charterholder. John has a BS degree from Central Connecticut State University and an AAS from Briarwood College.

George Grimbilas


Start Date

Tenure

Tenure Rank

Feb 28, 2011

11.26

11.3%

George Grimbilas, a Director of Lazard Asset Management LLC, is a portfolio manager/analyst on the Investment Manager’s US Fixed Income teams. He began working in the investment industry in 1984. Prior to joining Lazard in 2006, George was a Senior Portfolio Manager at Ambac Financial Group, Inc., where he was responsible for developing investment strategies for the taxable core and asset-liability portfolios. Previously, George was a Managing Director at R.W. Pressprich & Co., a Portfolio Manager at Liberty Capital Management and an analyst structuring MBS underwritings for the Investment Banking clients of The Trepp Group. He has a BA from Cornell University.

Eulogio (Joe) Ramos


Start Date

Tenure

Tenure Rank

Feb 28, 2011

11.26

11.3%

Joe Ramos is a Portfolio Manager/Analyst on the U.S. Fixed Income team. Prior to joining Lazard in 2006, Joe was the Chief Investment Officer of Ambac Financial Group, Inc. Previously, Joe was a member at E.H. Capital Group, LLC, a Senior Vice President and Portfolio Manager at Lazard Asset Management, a First Vice President and Senior Portfolio Manager at Lehman Management Co., and a Senior Analyst in the Lehman Brothers Kuhn Loeb Fixed Income Research Department. He has a BS from New York University. Joe Ramos is a member of the CFA Institute, the NYSSA and the Economic Club of New York.

Thomas Miller


Start Date

Tenure

Tenure Rank

Apr 30, 2021

1.08

1.1%

Thomas Miller, CFA Senior Vice President, Portfolio Manager/Analyst Lazard Asset Management LLC (New York) Thomas Miller is a Portfolio Manager/Analyst on the U.S. Fixed Income team. He began working in the investment field in 1997. Prior to joining Lazard in 2003, Thomas was with Oppenheimer Funds, Inc. He has a BA from the University of Notre Dame.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 32.44 6.54 0.13