Lazard Opportunistic Strategies Portfolio Open Shares (LCAOX)

Fund Assets	23.91M
Expense Ratio	1.488%
Min. Investment	$2,500
Turnover	134.00%
Dividend (ttm)	0.16
Dividend Yield	1.58%
Dividend Growth	125.51%
Payout Frequency	Semi-Annual
Ex-Dividend Date	Aug 14, 2026

Previous Close	10.38
YTD Return	6.24%
1-Year Return	8.32%
5-Year Return	28.94%
52-Week Low	9.69
52-Week High	11.53
Beta (5Y)	0.63
Holdings	20
Inception Date	Mar 31, 2008

About LCAOX

Lazard Opportunistic Strategies Portfolio Open Shares is a mutual fund designed to provide flexible, tactical exposure to a broad range of global asset classes. The portfolio primarily invests in exchange-traded funds (ETFs), both index-based and actively managed, as well as closed-end funds, allowing for diversification across equities and fixed income instruments worldwide. A core feature of this fund is its opportunistic approach, which seeks to dynamically allocate assets based on evolving market conditions and macroeconomic trends. The fund often maintains a concentrated portfolio, typically holding between 10 to 30 underlying investments at a time, focusing on both U.S. and international markets, including emerging economies. Its multi-strategy approach aims to capture growth opportunities while also providing some risk diversification for investors seeking allocation beyond traditional single-asset funds. The portfolio, classified as diversified under regulatory guidelines, plays a significant role in tactical allocation strategies within the investment landscape, appealing to investors looking for flexibility and active management across multiple asset types.

• Fund Family: Lazard
• Category: Tactical Allocation
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: LCAOX
• Share Class: Open Shares
• Index: MSCI World NR USD

Performance

LCAOX had a total return of 8.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.17%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
LCAIX	Institutional Shares	1.21%
RLCPX	R6 Shares	1.21%

Top 10 Holdings

81.11% of assets

Name	Symbol	Weight
Vanguard S&P 500 ETF	VOO	13.46%
Vanguard S&P 500 Growth ETF	VOOG	12.28%
Vanguard S&P 500 Value ETF	VOOV	12.14%
iShares 20+ Year Treasury Bond ETF	TLT	11.64%
State Street SPDR EURO STOXX 50 ETF	FEZ	7.14%
Invesco QQQ Trust Series I	QQQ	7.03%
iShares 1-3 Year Treasury Bond ETF	SHY	5.02%
iShares MSCI Japan ETF	EWJ	4.31%
Lazard Next Gen Technologies ETF	TEKY	4.19%
iShares International Treasury Bond ETF	IGOV	3.89%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 14, 2026	$0.26313	Aug 17, 2026
Dec 19, 2025	$1.35315	Dec 22, 2025
Aug 15, 2025	$0.0963	Aug 18, 2025
Dec 20, 2024	$0.73631	Dec 23, 2024
Aug 16, 2024	$0.34124	Aug 19, 2024
Dec 21, 2023	$0.28072	Dec 22, 2023

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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