Lazard US High Yield Portfolio Institutional Shares (LZHYX)

Fund Assets	134.70M
Expense Ratio	0.57%
Min. Investment	$100,000
Turnover	14.00%
Dividend (ttm)	1.07
Dividend Yield	5.91%
Dividend Growth	14.06%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	18.07
YTD Return	0.06%
1-Year Return	2.55%
5-Year Return	16.05%
52-Week Low	18.07
52-Week High	18.82
Beta (5Y)	0.34
Holdings	85
Inception Date	Jan 2, 1998

About LZHYX

Lazard US High Yield Portfolio Institutional Shares is an actively managed mutual fund focused on the high yield bond sector. Its primary objective is to seek capital preservation and appreciation by investing mainly in high yield, or "junk," bonds issued by U.S. entities. This asset holds a diversified portfolio of corporate debt instruments, often from companies with below-investment-grade credit ratings, and is designed to provide income and potential for long-term growth. The fund is particularly relevant for investors looking to enhance yield in their fixed income allocation while maintaining exposure to U.S. fixed income markets. Notable characteristics include a competitive expense ratio, a moderately low effective duration, and a history of outperformance against its benchmark in certain periods. The portfolio's largest positions span a variety of industries, reflecting a commitment to diversification within the high yield space. Its market significance lies in serving institutional and sophisticated investors seeking to balance risk and return through professional management in the high yield universe.

• Fund Family: Lazard
• Category: High Yield Bond
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: LZHYX
• Share Class: Institutional Shares
• Index: Index is not available on Lipper Database

Performance

LZHYX had a total return of 2.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.04%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
RLCIX	R6 Shares	0.55%
LZHOX	Open Shares	0.80%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.0908	Sep 30, 2026
Aug 31, 2026	$0.09014	Aug 31, 2026
Jul 31, 2026	$0.09118	Jul 31, 2026
Jun 30, 2026	$0.09165	Jun 30, 2026
May 29, 2026	$0.09091	May 29, 2026
Apr 30, 2026	$0.0898	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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