About GLIFX
Lazard Global Listed Infrastructure Portfolio Institutional Shares is a mutual fund specializing in equity investments tied to infrastructure companies worldwide. The fund's primary purpose is to provide total return by focusing on stocks of businesses that play essential roles in global infrastructure, including utilities, pipelines, toll roads, airports, railroads, and other related sectors. Through a diversified portfolio, the fund seeks exposure to industries critical to economic stability and development, targeting firms integral to energy distribution, transportation, and public services.
The fund typically invests at least 80% of its assets in equity securities, primarily common stocks, of listed infrastructure companies from both developed and emerging markets. Its holdings often include large, established companies with a significant presence in sectors such as utilities and industrials; notable positions have included National Grid PLC, Ferrovial SE, Snam SpA, and Exelon Corp. With a blend of large- and mid-cap stocks and a modest turnover rate, it offers institutional investors exposure to the stable cash flows and defensive characteristics often associated with infrastructure investments. The fund plays a strategic role in portfolios seeking diversification beyond traditional equity sectors and emphasizes income generation and resilience to economic cycles.
Fund Family Lazard
Category Infrastructure
Performance Rating High
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol GLIFX
Share Class Institutional Shares
GLIFX had a total return of 12.14% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.74%.
