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Lazard Global Equity Select Portfolio
mutual fund
GESOX
Payout Change
Pending
Price as of:
$20.04
-0.11
-0.55%
primary theme
N/A
share class
GESOX (Mutual Fund)
Lazard Global Equity Select Portfolio
Payout Change
Pending
Price as of:
$20.04
-0.11
-0.55%
primary theme
N/A
share class
GESOX (Mutual Fund)
Lazard Global Equity Select Portfolio
Payout Change
Pending
Price as of:
$20.04
-0.11
-0.55%
primary theme
N/A
share class
Name
As of 12/10/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
13.8%
1 yr return
17.9%
3 Yr Avg Return
3.6%
5 Yr Avg Return
9.2%
Net Assets
$104 M
Holdings in Top 10
27.5%
52 WEEK LOW AND HIGH
$20.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.57%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 22.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/10/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
GESOX - Profile
Distributions
- YTD Total Return 13.8%
- 3 Yr Annualized Total Return 3.6%
- 5 Yr Annualized Total Return 9.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.18%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameLazard Global Equity Select Portfolio
-
Fund Family NameLAZARDFUND
-
Inception DateDec 31, 2013
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerLouis Florentin-Lee
Fund Description
The Portfolio invests primarily in equity securities, principally common stocks, of companies that the Investment Manager believes have strong and/or improving financial productivity and are undervalued based on their earnings, cash flow or asset values. In managing the Portfolio, the Investment Manager utilizes a flexible investment approach and engages in bottom-up, fundamental security analysis and selection. The Portfolio may invest in securities across the capitalization spectrum.
Under normal circumstances, the Portfolio invests at least 80% of its assets in equity securities. In addition, under normal market conditions, the Portfolio invests significantly (at least 40%—unless market conditions are not deemed favorable by the Investment Manager, in which case the Portfolio would invest at least 30%) in non-US companies. The Investment Manager will allocate the Portfolio’s assets among various regions and countries, including the United States (but in no less than three different countries). The Portfolio’s investments in non-US companies may include companies whose principal business activities are located in emerging market countries.
Although the Portfolio is classified as “diversified” under the Investment Company Act of 1940, as amended, it may invest in a smaller number of issuers than other, more diversified investment portfolios.
GESOX - Performance
Return Ranking - Trailing
| Period | GESOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.8% | -35.6% | 29.2% | 34.68% |
| 1 Yr | 17.9% | 17.3% | 252.4% | 71.59% |
| 3 Yr | 3.6%* | -3.5% | 34.6% | 51.22% |
| 5 Yr | 9.2%* | 0.1% | 32.7% | 47.11% |
| 10 Yr | 8.7%* | -6.9% | 18.3% | N/A |
* Annualized
Return Ranking - Calendar
| Period | GESOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.8% | -24.3% | 957.1% | 52.60% |
| 2022 | -18.1% | -38.3% | 47.1% | 33.63% |
| 2021 | 15.0% | -54.2% | 0.6% | 14.67% |
| 2020 | 12.1% | -76.0% | 54.1% | 21.96% |
| 2019 | 24.2% | -26.1% | 47.8% | 53.27% |
Total Return Ranking - Trailing
| Period | GESOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.8% | -35.6% | 29.2% | 35.68% |
| 1 Yr | 17.9% | 11.4% | 252.4% | 67.61% |
| 3 Yr | 3.6%* | -3.5% | 34.6% | 48.05% |
| 5 Yr | 9.2%* | 0.1% | 32.7% | 45.23% |
| 10 Yr | 8.7%* | -6.9% | 18.3% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | GESOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.7% | -24.3% | 957.1% | 52.60% |
| 2022 | -17.5% | -33.1% | 47.1% | 34.13% |
| 2021 | 19.4% | -44.4% | 1.8% | 29.88% |
| 2020 | 15.7% | -6.5% | 54.1% | 20.79% |
| 2019 | 24.8% | -14.4% | 47.8% | 67.15% |
NAV & Total Return History
GESOX - Holdings
Concentration Analysis
| GESOX | Category Low | Category High | GESOX % Rank | |
|---|---|---|---|---|
| Net Assets | 104 M | 199 K | 133 B | 73.46% |
| Number of Holdings | 69 | 1 | 9075 | 48.57% |
| Net Assets in Top 10 | 28.4 M | -18 M | 37.6 B | 75.00% |
| Weighting of Top 10 | 27.54% | 9.1% | 100.0% | 61.90% |
Top 10 Holdings
- Microsoft Corp 4.71%
- Amazon.com Inc 3.68%
- Accenture PLC 2.93%
- Alphabet Inc 2.83%
- Taiwan Semiconductor Manufacturing Co Ltd 2.72%
- Salesforce Inc 2.25%
- Intercontinental Exchange Inc 2.20%
- Thermo Fisher Scientific Inc 2.17%
- ABB Ltd 2.06%
- RELX PLC 2.00%
Asset Allocation
| Weighting | Return Low | Return High | GESOX % Rank | |
|---|---|---|---|---|
| Stocks | 98.57% | 61.84% | 125.47% | 52.75% |
| Cash | 1.43% | -174.70% | 23.12% | 42.29% |
| Preferred Stocks | 0.00% | -0.01% | 5.28% | 60.57% |
| Other | 0.00% | -13.98% | 19.14% | 64.21% |
| Convertible Bonds | 0.00% | 0.00% | 4.46% | 55.73% |
| Bonds | 0.00% | -1.50% | 161.67% | 57.49% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GESOX % Rank | |
|---|---|---|---|---|
| Technology | 18.13% | 0.00% | 49.87% | 58.92% |
| Industrials | 17.49% | 0.00% | 44.06% | 56.94% |
| Financial Services | 16.46% | 0.00% | 38.42% | 34.14% |
| Consumer Defense | 14.61% | 0.00% | 73.28% | 12.00% |
| Healthcare | 13.26% | 0.00% | 35.42% | 37.33% |
| Consumer Cyclical | 10.75% | 0.00% | 40.94% | 65.64% |
| Communication Services | 9.29% | 0.00% | 57.66% | 25.44% |
| Utilities | 0.00% | 0.00% | 29.12% | 54.41% |
| Real Estate | 0.00% | 0.00% | 39.48% | 87.56% |
| Energy | 0.00% | 0.00% | 21.15% | 83.37% |
| Basic Materials | 0.00% | 0.00% | 38.60% | 73.35% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GESOX % Rank | |
|---|---|---|---|---|
| US | 64.15% | 0.13% | 103.82% | 74.78% |
| Non US | 34.42% | 0.58% | 99.46% | 19.27% |
GESOX - Expenses
Operational Fees
| GESOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.57% | 0.01% | 44.27% | 26.00% |
| Management Fee | 0.65% | 0.00% | 1.82% | 40.15% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 36.14% |
| Administrative Fee | N/A | 0.01% | 0.76% | 4.72% |
Sales Fees
| GESOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| GESOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 84.38% |
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.
| GESOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 22.00% | 0.00% | 395.00% | 84.98% |
GESOX - Distributions
Dividend Yield Analysis
| GESOX | Category Low | Category High | GESOX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 3.26% | 55.25% |
Dividend Distribution Analysis
| GESOX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Annually | Annually |
Net Income Ratio Analysis
| GESOX | Category Low | Category High | GESOX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.18% | -4.27% | 12.65% | 63.07% |
Capital Gain Distribution Analysis
| GESOX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Aug 16, 2024 | $0.047 | CapitalGainLongTerm |
| Dec 21, 2023 | $0.217 | OrdinaryDividend |
| Aug 17, 2023 | $0.001 | OrdinaryDividend |
| Aug 17, 2023 | $0.067 | CapitalGainLongTerm |
| Dec 22, 2022 | $0.113 | OrdinaryDividend |
| Dec 22, 2021 | $0.551 | OrdinaryDividend |
| Aug 19, 2021 | $0.148 | OrdinaryDividend |
| Dec 22, 2020 | $0.515 | OrdinaryDividend |
| Dec 20, 2019 | $0.064 | OrdinaryDividend |
| Dec 20, 2019 | $0.007 | CapitalGainLongTerm |
| Dec 21, 2018 | $0.047 | CapitalGainShortTerm |
| Dec 21, 2018 | $0.226 | CapitalGainLongTerm |
| Dec 21, 2018 | $0.032 | OrdinaryDividend |
| Aug 21, 2018 | $0.019 | CapitalGainShortTerm |
| Aug 21, 2018 | $0.026 | CapitalGainLongTerm |
| Dec 21, 2017 | $0.009 | CapitalGainShortTerm |
| Dec 21, 2017 | $0.383 | CapitalGainLongTerm |
| Dec 21, 2017 | $0.059 | OrdinaryDividend |
| Dec 22, 2016 | $0.043 | OrdinaryDividend |
| Dec 21, 2015 | $0.005 | OrdinaryDividend |
| Dec 22, 2014 | $0.034 | OrdinaryDividend |
GESOX - Fund Manager Analysis
Managers
Louis Florentin-Lee
Start Date
Tenure
Tenure Rank
Dec 31, 2013
8.42
8.4%
Louis Florentin-Lee Managing Director, Portfolio Manager/Analyst Louis Florentin-Lee is a Managing Director and Portfolio Manager/Analyst on various global equity teams, International Compounders and US Equity Select. He was formerly the co-Portfolio Manager/Analyst for the Lazard European Explorer Fund between 2004 and 2010. Louis began working in the investment industry in 1996. Prior to joining Lazard in 2004, he was an equity research analyst at Soros Funds Limited and Schroder Investment Management. He has a BSc (Hons) in Economics from the London School of Economics.
Ronald Temple
Start Date
Tenure
Tenure Rank
Dec 31, 2013
8.42
8.4%
Ronald Temple is a Managing Director and Co-Head of Multi-Asset and Head of US Equity. In this role, Ron is responsible for overseeing the firm's multi-asset and US equity strategies as well as several global equity strategies. He is also a Portfolio Manager/Analyst on various US and global equity teams. He joined Lazard in 2001 with ten years of global experience including fixed-income derivative trading, risk management, corporate finance and corporate strategy. Ron has an MPP from Harvard University and graduated magna cum laude with a BA in Economics & Public Policy from Duke University.
Martin Flood
Start Date
Tenure
Tenure Rank
Dec 31, 2013
8.42
8.4%
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.
Andrew Lacey
Start Date
Tenure
Tenure Rank
Dec 31, 2013
8.42
8.4%
Andrew Lacey is a Managing Director and a Portfolio Manager/Analyst on various US equity strategies as well as Global Equity Select. He began working in the investment field upon joining the firm in 1995 as a Research Analyst covering the technology sector. Andrew has an MBA from Columbia University and a BA (Hons) from the College of Social Studies, Wesleyan University. Prior to joining Lazard, Andrew was a teacher at the Pingry School and Buckingham Browne & Nichols for five years. He continues to be involved in education as a board member for KIPP New Jersey and Link Education Partners.
Barnaby Wilson
Start Date
Tenure
Tenure Rank
Oct 08, 2015
6.65
6.7%
Barnaby Wilson, CFA Managing Director, Portfolio Manager/Analyst Lazard Asset Management Limited (London) Barnaby Wilson is a Managing Director and Portfolio Manager/Analyst on various global equity teams as well as International Compounders. He began working in the investment field in 1998. Prior to joining Lazard in 1999, he worked for Orbitex Investments as a Research Analyst. Barnaby has a BA (Hons) in Mathematics and Philosophy from Balliol College, Oxford University. Barnaby is a CFA® charterholder.
Jessica Kittay
Start Date
Tenure
Tenure Rank
Mar 31, 2020
2.17
2.2%
Jessica Kittay is a Director and Client Portfolio Manager for various US and global equity strategies. She began working in the investment field in 2001. Prior to joining Lazard in 2010, Jessica was a Vice President and Client Portfolio Manager on the US Fundamental Equity team at Goldman Sachs Asset Management. Jessica has an MBA from the Stern School of Business at New York University and a BA from Bucknell University. She is a member of The Chartered Alternative Investment Analyst (CAIA) Association.
Kyle Waldhauer
Start Date
Tenure
Tenure Rank
Apr 30, 2021
1.08
1.1%
Kyle Waldhauer is a Senior Vice President and Portfolio Manager/Analyst on the Global Equity Income and Global Equity Select teams. He began working in the investment field in 1994. Prior to joining Lazard in 1998, Kyle was a financial representative at Fidelity Investments. He has a BS in Economics and Finance from Southern New Hampshire University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 35.82 | 6.24 | 1.25 |
