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Trending ETFs

Lazard US Systematic Small Cap Equity Portfolio

mutual fund
RUSRX
Payout Change
Pending
Price as of:
$11.14 +0.02 +0.18%
primary theme
N/A
RUSRX (Mutual Fund)

Lazard US Systematic Small Cap Equity Portfolio

Payout Change
Pending
Price as of:
$11.14 +0.02 +0.18%
primary theme
N/A
RUSRX (Mutual Fund)

Lazard US Systematic Small Cap Equity Portfolio

Payout Change
Pending
Price as of:
$11.14 +0.02 +0.18%
primary theme
N/A

Name

As of 10/08/2024

Price

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

$11.14

$40 M

0.00%

7.16%

Vitals

YTD Return

9.5%

1 yr return

23.1%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$40 M

Holdings in Top 10

7.9%

52 WEEK LOW AND HIGH

$11.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 7.16%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/08/2024

Price

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

$11.14

$40 M

0.00%

7.16%

RUSRX - Profile

Distributions

  • YTD Total Return 9.5%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Lazard US Systematic Small Cap Equity Portfolio
  • Fund Family Name
    LAZARDFUND
  • Inception Date
    Feb 22, 2023
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Portfolio invests primarily in equity securities, principally common stocks, of small capitalization US companies. The Investment Manager considers “small cap companies” to be those companies that, at the time of initial purchase by the Portfolio, have market capitalizations within the range of companies included in the Russell 2000 Index (ranging from approximately $16.6 million to $59.1 billion as of March 31, 2024). The Portfolio typically invests in 300 to 500 companies.

Under normal circumstances, the Portfolio invests at least 80% of its assets in equity securities of small cap US companies. Equity securities also may include depositary receipts, including American Depositary Receipts (“ADRs”), Global Depositary Receipts and European Depositary Receipts. The Portfolio may invest up to 20% of its assets in other securities which need not be equity securities of small cap US companies, including investments in larger US companies and in non-US companies, including securities of emerging markets companies traded on a US exchange.

The Investment Manager will manage the Portfolio using its proprietary investment strategy that creates and applies what the Investment Manager refers to as “Insights” and employs its “Insight-driven” process to identify investments with fundamental traits the Investment Manager believes are undervalued by the market. The Investment Manager’s strategy combines fundamental and quantitative techniques into a fully systematic process—that is, the Investment Manager converts subjective criteria used to evaluate potential investments into quantitative formulas based on, among other things, market observations and testing of resulting hypotheses. The Investment Manager considers an “Insight” to be a fundamental opportunity that the Investment Manager believes can be quantified, validated and implemented systematically by the Investment Manager:

·a fundamental opportunity is a recurring market inefficiency where the Investment Manager believes that investors are not fully incorporating the impact of a company’s changing operating fundamentals and/or attractive valuations;

·the Investment Manager converts its market observation into quantified conditions utilizing proprietary process knowledge and techniques;

·a potential Insight is validated through extensive proprietary testing that includes historical data, minimum targeted return objectives and persistence hurdles;

·through each Insight, a number of securities are identified; and

·the securities selection process is implemented systematically into automated daily operations.

The Investment Manager selects investments for the Portfolio by applying its securities selection process to an investable universe of all publicly-traded equity securities, with a focus on small cap companies. However, Insights, which may change over time, may be related to the broad market or specific to a particular sector or industry. In addition, the selection process described above is not sequential, and certain criteria may be given more importance than others. Target position sizes are determined at the time of investment based on one or more Insights and subsequently monitored on an ongoing basis. To improve tax efficiency, the Portfolio may limit investments that have undesirable tax characteristics and may employ other tax-management techniques, such as adjusting the timing of trades, by relying in part on fundamental research and analytical judgements of the Investment Manager.

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RUSRX - Performance

Return Ranking - Trailing

Period RUSRX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.5% N/A N/A N/A
1 Yr 23.1% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period RUSRX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period RUSRX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.5% N/A N/A N/A
1 Yr 23.1% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period RUSRX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

NAV & Total Return History


RUSRX - Holdings

Concentration Analysis

RUSRX Category Low Category High RUSRX % Rank
Net Assets 40 M N/A N/A N/A
Number of Holdings 442 N/A N/A N/A
Net Assets in Top 10 3.3 M N/A N/A N/A
Weighting of Top 10 7.89% N/A N/A N/A

Top 10 Holdings

  1. ADMA Biologics Inc 1.04%
  2. Celestica Inc 1.01%
  3. FIXED INC CLEARING CORP.REPO 1.00%
  4. Medpace Holdings Inc 0.94%
  5. IES Holdings Inc 0.72%
  6. Builders FirstSource Inc 0.68%
  7. Axcelis Technologies Inc 0.68%
  8. Allison Transmission Holdings Inc 0.63%
  9. Limbach Holdings Inc 0.62%
  10. CommVault Systems Inc 0.56%

Asset Allocation

Weighting Return Low Return High RUSRX % Rank
Stocks
98.85% N/A N/A N/A
Other
1.01% N/A N/A N/A
Cash
0.14% N/A N/A N/A
Preferred Stocks
0.00% N/A N/A N/A
Convertible Bonds
0.00% N/A N/A N/A
Bonds
0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High RUSRX % Rank
Utilities
0.00% N/A N/A N/A
Technology
0.00% N/A N/A N/A
Real Estate
0.00% N/A N/A N/A
Industrials
0.00% N/A N/A N/A
Healthcare
0.00% N/A N/A N/A
Financial Services
0.00% N/A N/A N/A
Energy
0.00% N/A N/A N/A
Communication Services
0.00% N/A N/A N/A
Consumer Defense
0.00% N/A N/A N/A
Consumer Cyclical
0.00% N/A N/A N/A
Basic Materials
0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High RUSRX % Rank
US
98.85% N/A N/A N/A
Non US
0.00% N/A N/A N/A

RUSRX - Expenses

Operational Fees

RUSRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 7.16% N/A N/A N/A
Management Fee 0.70% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

RUSRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

RUSRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

RUSRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

RUSRX - Distributions

Dividend Yield Analysis

RUSRX Category Low Category High RUSRX % Rank
Dividend Yield 0.00% N/A N/A N/A

Dividend Distribution Analysis

RUSRX Category Low Category High Category Mod
Dividend Distribution Frequency Annual

Net Income Ratio Analysis

RUSRX Category Low Category High RUSRX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

RUSRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

RUSRX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A