Lazard Developing Markets Equity Portfolio Open Shares (LDMOX)
| Fund Assets | 112.46M |
| Expense Ratio | 1.35% |
| Min. Investment | $2,500 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.09 |
| Dividend Yield | 0.50% |
| Dividend Growth | 107.87% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 19.35 |
| YTD Return | 10.28% |
| 1-Year Return | 40.18% |
| 5-Year Return | 6.37% |
| 52-Week Low | 11.53 |
| 52-Week High | 19.57 |
| Beta (5Y) | 0.71 |
| Holdings | 71 |
| Inception Date | Sep 30, 2008 |
About LDMOX
Lazard Developing Markets Equity Portfolio Open Shares is an open-end mutual fund focused on long-term capital appreciation by investing primarily in equity securities of companies based in emerging market countries. The portfolio primarily holds common stocks of non-U.S. companies whose main business activities are located in markets such as Brazil, China, India, Taiwan, South Korea, and other nations included in the MSCI Emerging Markets Index. It applies a relative growth investment philosophy, leveraging bottom-up stock selection and fundamental analysis to identify opportunities where growth is both sustainable and attractively valued. Managed by a team led by Kevin O'Hare, the fund typically maintains broad sector and country diversification, with a significant emphasis on leading firms in technology, financial services, and consumer sectors. By targeting companies in rapidly developing economies, it aims to capture the growth potential of markets that may offer higher risk but also the possibility of outsized returns relative to developed markets. This makes the fund a strategic vehicle for investors seeking diversified exposure to global emerging market equities within their broader investment portfolios.
Performance
LDMOX had a total return of 40.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.89%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| LDMIX | Institutional Shares | 1.10% |
| RLDMX | R6 Shares | 1.05% |
Top 10 Holdings
44.76% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 13.37% |
| Samsung Electronics Co., Ltd. | 005930 | 7.13% |
| Tencent Holdings Limited | 0700 | 5.74% |
| Alibaba Group Holding Limited | 9988 | 3.99% |
| SK hynix Inc. | 000660 | 3.62% |
| HDFC Bank Limited | HDB | 2.68% |
| ASE Technology Holding Co., Ltd. | 3711 | 2.33% |
| Capitec Bank Holdings Limited | CPI | 2.01% |
| Standard Bank Group Limited | SBK | 2.00% |
| ICICI Bank Limited | IBN | 1.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.15455 | Dec 22, 2025 |
| Aug 15, 2025 | $0.009 | Aug 18, 2025 |
| Dec 20, 2024 | $0.07868 | Dec 23, 2024 |
| Dec 21, 2023 | $0.25248 | Dec 22, 2023 |
| Dec 22, 2022 | $0.06849 | Dec 23, 2022 |
| Dec 22, 2021 | $0.07788 | Dec 23, 2021 |