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Lazard US Equity Concentrated Portfolio
mutual fund
LEVOX
Payout Change
Pending
Price as of:
$10.07
+0.16
+1.61%
primary theme
U.S. Large-Cap Blend Equity
share class
LEVOX (Mutual Fund)
Lazard US Equity Concentrated Portfolio
Payout Change
Pending
Price as of:
$10.07
+0.16
+1.61%
primary theme
U.S. Large-Cap Blend Equity
share class
LEVOX (Mutual Fund)
Lazard US Equity Concentrated Portfolio
Payout Change
Pending
Price as of:
$10.07
+0.16
+1.61%
primary theme
U.S. Large-Cap Blend Equity
share class
Name
As of 10/11/2024Price
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
15.6%
1 yr return
27.9%
3 Yr Avg Return
4.7%
5 Yr Avg Return
9.0%
Net Assets
$151 M
Holdings in Top 10
63.2%
52 WEEK LOW AND HIGH
$9.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.08%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 32.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/11/2024Price
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
LEVOX - Profile
Distributions
- YTD Total Return 15.6%
- 3 Yr Annualized Total Return 4.7%
- 5 Yr Annualized Total Return 9.0%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 0.13%
- Dividend Yield 1.4%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameLazard US Equity Concentrated Portfolio
-
Fund Family NameLazard
-
Inception DateSep 30, 2005
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMartin Flood
LEVOX - Performance
Return Ranking - Trailing
| Period | LEVOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.6% | -59.4% | 39.1% | 85.33% |
| 1 Yr | 27.9% | -54.9% | 57.0% | 83.44% |
| 3 Yr | 4.7%* | -23.6% | 17.2% | 95.08% |
| 5 Yr | 9.0%* | -7.7% | 111.4% | 95.98% |
| 10 Yr | 10.3%* | 0.6% | 53.3% | 88.12% |
* Annualized
Return Ranking - Calendar
| Period | LEVOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -42.0% | -42.6% | 47.4% | 99.84% |
| 2022 | -24.4% | -56.3% | -4.2% | 75.22% |
| 2021 | 9.3% | -27.2% | 537.8% | 80.15% |
| 2020 | 7.1% | -22.5% | 2181.7% | 76.36% |
| 2019 | 30.7% | -13.5% | 40.4% | 6.43% |
Total Return Ranking - Trailing
| Period | LEVOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.6% | -59.4% | 39.1% | 85.33% |
| 1 Yr | 27.9% | -54.9% | 57.0% | 83.44% |
| 3 Yr | 4.7%* | -23.6% | 17.2% | 95.08% |
| 5 Yr | 9.0%* | -7.7% | 111.4% | 95.98% |
| 10 Yr | 10.3%* | 0.6% | 53.3% | 88.12% |
* Annualized
Total Return Ranking - Calendar
| Period | LEVOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.0% | -5.0% | 47.4% | 85.87% |
| 2022 | -20.1% | -36.8% | -2.2% | 80.29% |
| 2021 | 25.7% | 3.0% | 537.8% | 60.13% |
| 2020 | 8.6% | -15.8% | 2266.0% | 91.80% |
| 2019 | 31.4% | -0.4% | 241.3% | 24.71% |
NAV & Total Return History
LEVOX - Holdings
Concentration Analysis
| LEVOX | Category Low | Category High | LEVOX % Rank | |
|---|---|---|---|---|
| Net Assets | 151 M | 2.34 M | 1.55 T | 84.86% |
| Number of Holdings | 22 | 2 | 4002 | 97.57% |
| Net Assets in Top 10 | 60.1 M | 979 K | 517 B | 84.53% |
| Weighting of Top 10 | 63.24% | 0.3% | 112.9% | 3.17% |
Top 10 Holdings
- Marvell Technology Inc 11.99%
- Amazon.com Inc 8.77%
- Broadcom Inc 6.39%
- Crown Castle Inc 6.16%
- Oracle Corp 5.75%
- UnitedHealth Group Inc 5.07%
- Intercontinental Exchange Inc 4.85%
- SP Global Inc 4.84%
- Waste Management Inc 4.75%
- Visa Inc 4.69%
Asset Allocation
| Weighting | Return Low | Return High | LEVOX % Rank | |
|---|---|---|---|---|
| Stocks | 100.05% | 0.00% | 105.85% | 4.70% |
| Other | 0.22% | -13.91% | 100.00% | 19.03% |
| Cash | 0.02% | 0.00% | 99.07% | 91.58% |
| Preferred Stocks | 0.00% | 0.00% | 2.53% | 68.02% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 67.34% |
| Bonds | 0.00% | 0.00% | 94.06% | 69.55% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | LEVOX % Rank | |
|---|---|---|---|---|
| Technology | 21.81% | 0.00% | 48.94% | 67.35% |
| Industrials | 14.20% | 0.00% | 29.90% | 9.98% |
| Financial Services | 13.06% | 0.00% | 55.59% | 69.25% |
| Consumer Defense | 12.39% | 0.00% | 47.71% | 6.27% |
| Healthcare | 9.66% | 0.00% | 52.29% | 92.83% |
| Consumer Cyclical | 9.52% | 0.00% | 30.33% | 66.86% |
| Communication Services | 8.20% | 0.00% | 27.94% | 53.75% |
| Real Estate | 7.77% | 0.00% | 31.91% | 1.57% |
| Basic Materials | 3.39% | 0.00% | 25.70% | 29.27% |
| Utilities | 0.00% | 0.00% | 20.91% | 94.89% |
| Energy | 0.00% | 0.00% | 41.64% | 95.38% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | LEVOX % Rank | |
|---|---|---|---|---|
| US | 100.05% | 0.00% | 105.85% | 3.81% |
| Non US | 0.00% | 0.00% | 64.54% | 73.60% |
LEVOX - Expenses
Operational Fees
| LEVOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.08% | 0.01% | 19.75% | 30.89% |
| Management Fee | 0.65% | 0.00% | 1.90% | 74.21% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 52.61% |
| Administrative Fee | N/A | 0.00% | 0.85% | 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 | 1.00% | 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 | 32.00% | 0.00% | 268.00% | 62.26% |
LEVOX - Distributions
Dividend Yield Analysis
| LEVOX | Category Low | Category High | LEVOX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.41% | 0.00% | 25.47% | 74.30% |
Dividend Distribution Analysis
| LEVOX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| LEVOX | Category Low | Category High | LEVOX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.13% | -54.00% | 2.44% | 80.07% |
Capital Gain Distribution Analysis
| LEVOX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 21, 2023 | $0.142 | OrdinaryDividend |
| Dec 21, 2023 | $0.759 | CapitalGainShortTerm |
| Dec 21, 2023 | $5.859 | CapitalGainLongTerm |
| Aug 17, 2023 | $1.781 | CapitalGainLongTerm |
| Dec 22, 2022 | $0.554 | OrdinaryDividend |
| Aug 18, 2022 | $0.343 | OrdinaryDividend |
| Dec 22, 2021 | $2.685 | OrdinaryDividend |
| Aug 19, 2021 | $0.240 | CapitalGainLongTerm |
| Dec 22, 2020 | $0.251 | OrdinaryDividend |
| Aug 20, 2020 | $0.000 | OrdinaryDividend |
| Dec 20, 2019 | $0.091 | OrdinaryDividend |
| Dec 21, 2018 | $0.161 | CapitalGainShortTerm |
| Dec 21, 2018 | $0.795 | CapitalGainLongTerm |
| Dec 21, 2018 | $0.163 | OrdinaryDividend |
| Aug 21, 2018 | $0.000 | ExtraDividend |
| Aug 21, 2018 | $0.119 | CapitalGainShortTerm |
| Aug 21, 2018 | $0.219 | CapitalGainLongTerm |
| Dec 21, 2017 | $0.905 | CapitalGainLongTerm |
| Dec 21, 2017 | $0.096 | OrdinaryDividend |
| Aug 21, 2017 | $0.000 | ExtraDividend |
| Dec 22, 2016 | $0.292 | CapitalGainShortTerm |
| Dec 22, 2016 | $0.299 | CapitalGainLongTerm |
| Dec 22, 2016 | $0.010 | OrdinaryDividend |
| Aug 22, 2016 | $0.057 | CapitalGainLongTerm |
| Dec 21, 2015 | $0.036 | CapitalGainShortTerm |
| Dec 21, 2015 | $0.438 | CapitalGainLongTerm |
| Dec 21, 2015 | $0.000 | OrdinaryDividend |
| Dec 22, 2014 | $0.526 | CapitalGainShortTerm |
| Dec 22, 2014 | $0.465 | CapitalGainLongTerm |
| Dec 22, 2014 | $0.034 | OrdinaryDividend |
| Aug 11, 2014 | $0.137 | CapitalGainShortTerm |
| Aug 11, 2014 | $0.298 | CapitalGainLongTerm |
| Dec 23, 2013 | $1.012 | CapitalGainShortTerm |
| Dec 23, 2013 | $0.123 | CapitalGainLongTerm |
| Dec 23, 2013 | $0.082 | OrdinaryDividend |
| Aug 19, 2013 | $0.000 | ExtraDividend |
| Dec 24, 2012 | $0.066 | OrdinaryDividend |
| Dec 28, 2011 | $0.139 | OrdinaryDividend |
| Dec 28, 2010 | $0.068 | OrdinaryDividend |
| Dec 29, 2009 | $0.095 | OrdinaryDividend |
| Dec 22, 2008 | $0.143 | OrdinaryDividend |
| Dec 26, 2007 | $0.515 | CapitalGainShortTerm |
| Dec 26, 2007 | $0.017 | CapitalGainLongTerm |
| Dec 26, 2007 | $0.112 | OrdinaryDividend |
| Aug 27, 2007 | $0.009 | CapitalGainShortTerm |
| Aug 27, 2007 | $0.006 | CapitalGainLongTerm |
| Dec 27, 2006 | $0.167 | CapitalGainShortTerm |
| Dec 27, 2006 | $0.011 | CapitalGainLongTerm |
| Dec 27, 2006 | $0.489 | OrdinaryDividend |
| Aug 28, 2006 | $0.067 | ExtraDividend |
| Dec 20, 2005 | $0.021 | OrdinaryDividend |
LEVOX - Fund Manager Analysis
Managers
Martin Flood
Start Date
Tenure
Tenure Rank
Mar 31, 2011
11.18
11.2%
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
10.01
10.0%
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.
Jay Levy
Start Date
Tenure
Tenure Rank
Mar 31, 2022
0.17
0.2%
Jay Levy, a Director of Lazard Asset Management, is a portfolio manager/analyst on the US Equity Concentrated team. He joined the Lazard Asset Management in 2017 and has been working in the investment field since 1998.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.24 | 2.42 |
