Lazard Global Small Cap Equity Portfolio Open Shares (LZSMX)
| Fund Assets | 21.03M |
| Expense Ratio | 1.28% |
| Min. Investment | $2,500 |
| Turnover | 160.00% |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 1.52% |
| Dividend Growth | 35.01% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 13.12 |
| YTD Return | 24.84% |
| 1-Year Return | 34.23% |
| 5-Year Return | 34.11% |
| 52-Week Low | 9.79 |
| 52-Week High | 13.87 |
| Beta (5Y) | 0.88 |
| Holdings | 78 |
| Inception Date | Feb 13, 1997 |
About LZSMX
Lazard International Small Cap Equity Portfolio Open Shares is a mutual fund focused on achieving long-term capital appreciation by investing primarily in equity securities of small, non-U.S. companies. Employing a disciplined bottom-up approach, the portfolio’s management team emphasizes stock selection, targeting companies that demonstrate strong financial productivity—particularly high return on equity—while trading at attractive valuations. The fund uses a relative value investment style to exploit perceived price inefficiencies within the global small-cap space, seeking opportunities across developed and select emerging markets outside the United States. Its portfolio is diversified across sectors, with notable allocations to industrials and financials, and geographic exposures that include Continental Europe, Japan, the United Kingdom, and emerging market regions. By concentrating on smaller, faster-growing international companies, the fund provides access to a segment of the market that can offer diversification benefits and exposure to growth trends unavailable through larger, domestic equities. This strategy makes it a significant option for investors seeking to broaden their international small-cap exposure within a professionally managed framework.
Performance
LZSMX had a total return of 34.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.63%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQJX | Fidelity | Fidelity Advisor Intl Sm Cap Opps Z | 0.88% |
| FSTSX | Fidelity | Fidelity Series International Small Cap Fund | 0.01% |
| FOPTX | Fidelity | Fidelity Advisor Intl Sm Cap Opps M | 1.51% |
| FOPCX | Fidelity | Fidelity Advisor Intl Sm Cap Opps C | 2.01% |
| VINEX | Vanguard | Vanguard International Explorer Fund Investor Shares | 0.46% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| LZISX | Institutional Shares | 1.03% |
| RLICX | R6 Shares | 0.98% |
Top 10 Holdings
20.78% of assets| Name | Symbol | Weight |
|---|---|---|
| First Watch Restaurant Group, Inc. | FWRG | 2.67% |
| Bullish | BLSH | 2.17% |
| Lottomatica Group S.p.A. | LTMC | 2.11% |
| Maruwa Co.,Ltd. | 5344 | 2.08% |
| Nichias Corporation | 5393 | 2.07% |
| Ebara Corporation | 6361 | 2.03% |
| Organo Corporation | 6368 | 2.01% |
| Norbit ASA | NORBT | 1.92% |
| Arca Continental, S.A.B. de C.V. | AC | 1.88% |
| RH | RH | 1.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.11466 | Dec 22, 2025 |
| Aug 15, 2025 | $0.06102 | Aug 18, 2025 |
| Dec 20, 2024 | $0.12432 | Dec 23, 2024 |
| Aug 16, 2024 | $0.00579 | Aug 19, 2024 |
| Dec 21, 2023 | $0.13931 | Dec 22, 2023 |
| Aug 17, 2023 | $0.01465 | Aug 18, 2023 |