Lazard Emerging Markets Equity Portfolio Open Shares (LZOEX)

Fund Assets	9.88B
Expense Ratio	1.299%
Min. Investment	$2,500
Turnover	27.00%
Dividend (ttm)	0.47
Dividend Yield	1.46%
Dividend Growth	n/a
Payout Frequency	Annual
Ex-Dividend Date	Aug 14, 2026

Previous Close	32.87
YTD Return	26.82%
1-Year Return	39.88%
5-Year Return	94.49%
52-Week Low	24.09
52-Week High	33.97
Beta (5Y)	0.72
Holdings	89
Inception Date	Jan 8, 1997

About LZOEX

Lazard Emerging Markets Equity Portfolio Open Shares is an open-end mutual fund focused on investing in equity securities of companies operating in emerging markets. The fund’s primary objective is long-term capital appreciation, targeting stocks that its management team believes are undervalued relative to their underlying fundamentals. It is managed by Lazard Asset Management and employs a disciplined valuation approach, aiming to identify well-run and profitable businesses that might be temporarily mispriced due to market inefficiencies, misunderstood business models, or geopolitical and economic factors. The portfolio typically holds a diversified set of about 95 securities, with its top 10 holdings accounting for approximately 25% of assets. Major sectors represented include technology, financial services, energy, and communication services. The fund’s investment style is categorized as large value within the diversified emerging markets segment. With an above-average expense ratio and a relatively concentrated portfolio, the fund plays a strategic role as a satellite allocation for investors seeking exposure to high-growth potential markets outside developed economies, and is suited for those with a longer-term investment horizon and tolerance for higher volatility.

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

Performance

LZOEX had a total return of 39.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.12%.

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	0.29%
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
LZEMX	Institutional Shares	1.07%
RLEMX	R6 Shares	1.07%

Top 10 Holdings

31.33% of assets

Name	Symbol	Weight
Taiwan Semiconductor Manufacturing Company Limited	2330	5.76%
SK hynix Inc.	000660	5.55%
LAZARD GOVT MNY MMKT INS	n/a	4.26%
Lenovo Group Limited	0992	3.43%
MediaTek Inc.	2454	2.64%
NetEase, Inc.	9999	2.12%
Wiwynn Corporation	6669	1.93%
Tencent Holdings Limited	0700	1.89%
ASE Technology Holding Co., Ltd.	3711	1.87%
China Construction Bank Corporation	0939	1.86%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 14, 2026	$0.02844	Aug 17, 2026
Dec 19, 2025	$0.4463	Dec 22, 2025
Dec 20, 2024	$0.50827	Dec 23, 2024
Dec 21, 2023	$0.60277	Dec 22, 2023
Dec 22, 2022	$0.82355	Dec 23, 2022
Dec 22, 2021	$0.49919	Dec 23, 2021

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:

Oct 15, 2026

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