LEIOX: Lazard Emerging Markets Income Open

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LEIOX Lazard Emerging Markets Income Open


Profile

LEIOX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return -0.9%
  • 5 Yr Annualized Return -1.7%
  • Net Assets $5.29 M
  • Holdings in Top 10 36.1%

52 WEEK LOW AND HIGH

$8.36
$8.07
$8.41

Expenses

OPERATING RELATED FEES

  • Expense Ratio 13.51%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 65.00%

TRADING FEES

  • Max Redemption Fee 1.00%

Min Investment

Closed to new investors as of Sep 27, 2019
  • Standard (Taxable) $2,500
  • IRA $2,500

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Emerging Markets Bond

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return -0.8%
  • 5 Yr Annualized Total Return -1.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.95%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Lazard Emerging Markets Income Portfolio
  • Fund Family Name
    Lazard
  • Inception Date
    Apr 30, 2014
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

Under normal circumstances, the Portfolio invests at least 80% of its assets in currencies, debt securities, derivative instruments and other investments that are economically tied to emerging market countries. Such investments may include combinations of these instruments that have economic characteristics similar to currencies or debt securities economically tied to emerging markets countries. The fund is non-diversified.


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Categories

Performance

LEIOX - Performance

Return Ranking - Trailing

Period LEIOX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -15.7% 0.0% 4.55%
1 Yr 3.2% -17.5% 3.2% 6.82%
3 Yr -0.9%* -11.6% 5.4% 24.32%
5 Yr -1.7%* -6.8% 2.1% 39.39%
10 Yr N/A* -6.4% -4.0% N/A

* Annualized

Return Ranking - Calendar

Period LEIOX Return Category Return Low Category Return High Rank in Category (%)
2019 4.9% -7.4% 18.4% 59.09%
2018 -15.5% -19.3% 0.0% 46.51%
2017 10.9% 0.3% 26.2% 57.14%
2016 1.3% -5.2% 13.0% 82.86%
2015 -8.3% -21.5% -5.1% 18.18%

Total Return Ranking - Trailing

Period LEIOX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -15.7% 0.0% 4.55%
1 Yr 3.2% -17.5% 3.2% 6.82%
3 Yr -0.8%* -11.6% 5.4% 24.32%
5 Yr -1.4%* -6.8% 2.1% 81.82%
10 Yr N/A* -5.3% -0.8% N/A

* Annualized

Total Return Ranking - Calendar

Period LEIOX Return Category Return Low Category Return High Rank in Category (%)
2019 4.9% -7.4% 18.4% 59.09%
2018 -15.5% -19.3% 0.0% 79.07%
2017 11.4% 2.6% 29.6% 65.71%
2016 2.5% -3.5% 13.2% 85.71%
2015 -8.3% -18.5% -1.6% 51.52%

NAV & Total Return History


Holdings

LEIOX - Holdings

Concentration Analysis

LEIOX Category Low Category High LEIOX % Rank
Net Assets 5.29 M 31.4 K 1.06 B 79.17%
Number of Holdings 36 10 535 84.09%
Net Assets in Top 10 1.91 M 58.4 K 388 M 88.64%
Weighting of Top 10 36.06% 1.9% 73.5% 25.00%

Top 10 Holdings

  1. United States Treasury Notes 1.88% 4.72%
  2. United States Treasury Notes 1.38% 4.72%
  3. United States Treasury Notes 1.38% 4.72%
  4. United States Treasury Notes 2.25% 4.35%
  5. United States Treasury Notes 2.25% 4.35%
  6. United States Treasury Notes 1.62% 4.34%
  7. Brazil (Federative Republic) 6% 2.55%
  8. Dominican Republic 10.5% 2.45%
  9. Egypt (Arab Republic of) 0% 1.96%
  10. Nota Do Tesouro Nacional Notes 01/27 10 1.90%

Asset Allocation

Weighting Return Low Return High LEIOX % Rank
Cash
58.00% -17.40% 103.27% 9.09%
Bonds
42.00% 1.34% 79.30% 45.45%
Stocks
0.00% 0.00% 75.07% 79.55%
Preferred Stocks
0.00% 0.00% 0.47% 27.27%
Other
0.00% -4.61% 6.19% 47.73%
Convertible Bonds
0.00% 0.00% 2.09% 20.45%

Bond Sector Breakdown

Weighting Return Low Return High LEIOX % Rank
Cash & Equivalents
58.00% 0.14% 58.00% 2.27%
Government
42.00% 0.00% 83.03% 68.18%
Derivative
0.00% 0.00% 42.51% 54.55%
Securitized
0.00% 0.00% 0.29% 13.64%
Corporate
0.00% 0.00% 61.53% 97.73%
Municipal
0.00% 0.00% 0.00% 11.36%

Bond Geographic Breakdown

Weighting Return Low Return High LEIOX % Rank
US
30.46% -0.14% 30.46% 2.27%
Non US
11.54% 0.00% 78.11% 90.91%

Expenses

LEIOX - Expenses

Operational Fees

LEIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 13.51% 0.64% 13.51% 2.27%
Management Fee 0.65% 0.15% 1.15% 14.29%
12b-1 Fee 0.25% 0.00% 1.00% 17.39%
Administrative Fee 0.02% 0.02% 0.50% 5.88%

Sales Fees

LEIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

LEIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 1.00% 2.00% 66.67%

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.

LEIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 65.00% 0.00% 188.64% 51.28%

Distributions

LEIOX - Distributions

Dividend Yield Analysis

LEIOX Category Low Category High LEIOX % Rank
Dividend Yield 0.00% 0.00% 1.21% 18.37%

Dividend Distribution Analysis

LEIOX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

LEIOX Category Low Category High LEIOX % Rank
Net Income Ratio 3.95% -0.79% 8.13% 38.64%

Capital Gain Distribution Analysis

LEIOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

LEIOX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 17.35 5.98 8.67