Lazard Enhanced Opportunities Portfolio Open Shares (LEOOX)

Fund Assets	82.14M
Expense Ratio	1.59%
Min. Investment	$2,500
Turnover	869.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	Annual
Ex-Dividend Date	Aug 14, 2026

Previous Close	9.85
YTD Return	4.90%
1-Year Return	8.70%
5-Year Return	27.67%
52-Week Low	9.12
52-Week High	9.95
Beta (5Y)	0.23
Holdings	302
Inception Date	Dec 31, 2014

About LEOOX

Lazard Enhanced Opportunities Portfolio Open Shares is a mutual fund designed to provide current income and long-term capital appreciation through a sophisticated relative value arbitrage strategy. Its primary function is to exploit pricing discrepancies between pairs or combinations of securities, regardless of asset class, by utilizing a combination of long and short positions across convertible fixed income and preferred securities, including those rated below investment grade. The portfolio is non-diversified and invests mainly in U.S. companies, but also allocates to non-U.S. issuers, such as depositary receipts and shares. With over 600 holdings, the fund maintains a low beta profile, reflecting its low correlation with major market indexes, and aims for returns that are less dependent on broad market movements. Investors benefit from semi-annual dividend payouts, and the fund has demonstrated consistent performance over multiple years. Its approach can involve high portfolio turnover as it seeks opportunities for arbitrage and value convergence. This fund plays a specialized role in the market by offering access to alternative investment strategies that seek to deliver risk-adjusted returns through dynamic asset allocation and hedged exposures.

• Fund Family: Lazard
• Category: Relative Value Arbitrage
• Performance Rating: High
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: LEOOX
• Share Class: Open Shares
• Index: Index is not available on Lipper Database

Performance

LEOOX had a total return of 8.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.34%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
LEOIX	Institutional Shares	1.34%
RLZEX	R6 Shares	1.29%

Top 10 Holdings

52.01% of assets

Name	Symbol	Weight
Usd	n/a	9.14%
United States Treasury Bills 0.01%	B.0 01.21.27	9.14%
United States Treasury Bills 0.01%	B.0 11.27.26	5.71%
United States Treasury Bills 0.01%	B.0 11.05.26	4.55%
United States Treasury Bills 0.01%	B.0 12.03.26	4.50%
United States Treasury Bills 0.01%	B.0 11.19.26	4.45%
United States Treasury Bills 0.01%	B.0 09.24.26	4.35%
United States Treasury Bills 0.01%	B.0 12.10.26	4.18%
United States Treasury Bills 0.01%	B.0 10.08.26	3.72%
United States Treasury Bills 0.01%	B.0 10.15.26	2.26%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 14, 2026	$0.06308	Aug 17, 2026
Aug 15, 2025	$0.06309	Aug 18, 2025
Dec 20, 2024	$0.16917	Dec 23, 2024
Aug 16, 2024	$0.25804	Aug 19, 2024
Dec 21, 2023	$0.11394	Dec 22, 2023
Dec 22, 2022	$0.40236	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 27, 2026

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