About GLFOX
Lazard Global Listed Infrastructure Portfolio Open Shares is an open-end mutual fund focused on investing predominantly in the equity securities of infrastructure companies worldwide. The fund’s primary purpose is to provide investors with diversified exposure to sectors critical for economic development, such as utilities, pipelines, toll roads, airports, railroads, ports, telecommunications, and related industries. Its portfolio typically comprises 25 to 50 holdings, emphasizing large and mid-cap companies with substantial physical infrastructure assets.
The fund seeks to maintain at least 80% of its assets within listed infrastructure businesses, selecting firms with a minimum market capitalization of $250 million that own, operate, or derive revenue from essential infrastructure assets. Key holdings often include well-established names in utilities, transportation, and industrial infrastructure, with top positions frequently representing a significant proportion of the portfolio. The fund is global by design, distributing assets across various developed and emerging markets, allowing for broad geographical diversification.
Lazard Global Listed Infrastructure Portfolio Open Shares plays a significant role in the financial market by offering investors access to stable, income-generating assets typically less sensitive to economic cycles. Its strategy appeals to those seeking long-term capital appreciation and steady income through exposure to companies central to the functioning of modern economies.
Fund Family Lazard
Category Infrastructure
Performance Rating Above Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol GLFOX
Share Class Open Shares
Index Index is not available on Lipper Database
GLFOX had a total return of 5.79% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.13%.
