Lazard US High Yield Portfolio Open Shares (LZHOX)
| Fund Assets | 144.38M |
| Expense Ratio | 0.80% |
| Min. Investment | $2,500 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.99 |
| Dividend Yield | 5.30% |
| Dividend Growth | 0.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 18.67 |
| YTD Return | 0.33% |
| 1-Year Return | 7.14% |
| 5-Year Return | 15.56% |
| 52-Week Low | 18.13 |
| 52-Week High | 18.90 |
| Beta (5Y) | 0.34 |
| Holdings | 93 |
| Inception Date | Feb 24, 1998 |
About LZHOX
Lazard US High Yield Portfolio Open Shares is a mutual fund focused on investing primarily in U.S. high-yield debt securities, also known as below-investment-grade or speculative-grade bonds. The fund aims to provide income and capital appreciation by targeting bonds rated BB and below by major credit rating agencies, reflecting higher credit risk and potentially higher yields compared to investment-grade bonds. Its portfolio includes a diversified range of corporate bonds across various sectors, with the top holdings concentrated in several high-yield corporate issuers. The fund employs multiple managers to navigate the high-yield bond market, which is sensitive to economic conditions and credit risk. It carries an expense ratio around 0.8% and targets investors seeking exposure to lower-quality credit with a focus on income generation. As part of the high-yield bond category, it plays a significant role in fixed-income markets by offering an alternative to traditional investment-grade bonds, balancing risk and return for investors interested in fixed income with growth potential.
Performance
LZHOX had a total return of 7.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.66%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.08636 | Apr 30, 2026 |
| Mar 31, 2026 | $0.08935 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0824 | Feb 27, 2026 |
| Jan 30, 2026 | $0.08332 | Jan 30, 2026 |
| Dec 31, 2025 | $0.08303 | Dec 31, 2025 |
| Nov 28, 2025 | $0.08453 | Nov 28, 2025 |