Lazard Developing Markets Equity Portfolio Open Shares (LDMOX)

Fund Assets	115.04M
Expense Ratio	1.35%
Min. Investment	$2,500
Turnover	35.00%
Dividend (ttm)	0.16
Dividend Yield	0.70%
Dividend Growth	78.22%
Payout Frequency	Annual
Ex-Dividend Date	Aug 14, 2026

Previous Close	22.85
YTD Return	30.52%
1-Year Return	46.24%
5-Year Return	49.66%
52-Week Low	15.76
52-Week High	24.01
Beta (5Y)	0.88
Holdings	72
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.

• Fund Family: Lazard
• Category: Diversified Emerging Mkts
• Performance Rating: Below Average
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: LDMOX
• Share Class: Open Shares
• Index: MSCI EM (Emerging Markets) NR USD

Performance

LDMOX had a total return of 46.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.50%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FGOMX	Fidelity	Strategic Advisers Fidelity Emerging Markets Fund	0.30%
FPADX	Fidelity	Fidelity Emerging Markets Index Fund	0.08%

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

52.76% of assets

Name	Symbol	Weight
Taiwan Semiconductor Manufacturing Company Limited	2330	16.19%
Samsung Electronics Co., Ltd.	005930	10.62%
SK hynix Inc.	000660	9.47%
Tencent Holdings Limited	0700	3.18%
ASE Technology Holding Co., Ltd.	3711	2.56%
MediaTek Inc.	2454	2.53%
Lenovo Group Limited	0992	2.50%
Alibaba Group Holding Limited	9988	2.01%
Grupo Financiero Banorte, S.A.B. de C.V.	GFNORTEO	1.91%
Capitec Limited	CPI	1.79%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 14, 2026	$0.00171	Aug 17, 2026
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

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:

Aug 28, 2026

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