Lazard US Convertibles Institutional (CONIX)

Fund Assets	18.00M
Expense Ratio	0.75%
Min. Investment	$2,500
Turnover	51.00%
Dividend (ttm)	0.52
Dividend Yield	4.05%
Dividend Growth	126.58%
Payout Frequency	Quarterly
Ex-Dividend Date	Aug 14, 2026

Previous Close	12.93
YTD Return	15.71%
1-Year Return	23.47%
5-Year Return	n/a
52-Week Low	11.73
52-Week High	14.62
Beta (5Y)	n/a
Holdings	96
Inception Date	n/a

About CONIX

The Lazard US Convertibles Portfolio – Institutional Shares is an actively managed mutual fund specializing in U.S. convertible securities. Its principal function is to provide institutional investors with diversified exposure to a unique hybrid asset class that combines features of both equities and bonds. Specifically, the portfolio invests predominantly in convertible securities—primarily issued by U.S. corporations—which grant investors the right to convert debt into equity under certain conditions, thereby offering potential capital appreciation and downside protection through fixed income characteristics. Up to 20% of the portfolio may be allocated to non-convertible securities or those not economically tied to the U.S., providing additional flexibility. The fund is benchmarked against the ICE BofA All U.S. Convertibles Index and managed by an experienced team at Lazard Asset Management, leveraging a rigorous, fundamental, bottom-up analysis approach alongside tactical asset allocation. The Lazard US Convertibles Portfolio plays a notable role in investment strategies seeking to benefit from equity market recoveries while maintaining defensive qualities during periods of volatility.

• Fund Family: Lazard
• Category: Convertibles
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: CONIX
• Share Class: Institutional Shares

Performance

CONIX had a total return of 23.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.89%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
CONOX	Open Shares	1.00%
CONRX	R6 Shares	0.70%

Top 10 Holdings

32.24% of assets

Name	Symbol	Weight
LAZARD GOVT MNY MMKT INS	n/a	5.53%
Western Digital Corp	WDC.3 11.15.28	4.07%
Lumentum Holdings Inc	LITE.0.5 06.15.28	3.53%
Live Nation Entertainment Inc	LYV.2.875 01.15.30	3.42%
NextEra Energy Capital Holdings Inc	NEE.3 03.01.27	2.93%
Lumentum Holdings Inc	LITE.0.375 03.15.32	2.78%
Boeing Co/The	BA.6 10.15.27	2.62%
Strategy Inc	MSTR.0 12.01.29	2.60%
Akamai Technologies Inc	AKAM.0.375 09.01.27	2.54%
PG&E Corp	PCG.4.25 12.01.27	2.22%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 14, 2026	$0.42656	Aug 17, 2026
Jun 18, 2026	$0.45643	Jun 22, 2026
Mar 20, 2026	$0.02976	Mar 23, 2026
Dec 19, 2025	$0.50218	Dec 22, 2025
Sep 19, 2025	$0.02645	Sep 22, 2025
Aug 15, 2025	$0.15938	Aug 18, 2025

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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