Lazard Global Small Cap Equity Portfolio Open Shares (LZSMX)

Fund Assets	19.15M
Expense Ratio	1.341%
Min. Investment	$2,500
Turnover	160.00%
Dividend (ttm)	0.11
Dividend Yield	0.98%
Dividend Growth	35.02%
Payout Frequency	n/a
Ex-Dividend Date	Dec 19, 2025

Previous Close	11.85
YTD Return	11.48%
1-Year Return	13.53%
5-Year Return	14.39%
52-Week Low	9.79
52-Week High	13.87
Beta (5Y)	0.89
Holdings	73
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.

• Fund Family: Lazard
• Category: World Small/Mid Stock
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: LZSMX
• Share Class: Open Shares
• Index: MSCI EAFE Small Cap NR USD

Performance

LZSMX had a total return of 13.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.16%.

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	0.86%
FSTSX	Fidelity	Fidelity Series International Small Cap Fund	0.01%
FOPTX	Fidelity	Fidelity Advisor Intl Sm Cap Opps M	1.50%
FOPCX	Fidelity	Fidelity Advisor Intl Sm Cap Opps C	1.98%
VINEX	Vanguard	Vanguard International Explorer Fund Investor Shares	0.45%

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

26.79% of assets

Name	Symbol	Weight
Credo Technology Group Holding Ltd	CRDO	3.37%
Floor & Decor Holdings, Inc.	FND	3.17%
DigitalOcean Holdings, Inc.	DOCN	3.05%
First Watch Restaurant Group, Inc.	FWRG	2.75%
RH	RH	2.72%
Advanced Energy Industries, Inc.	AEIS	2.69%
THOR Industries, Inc.	THO	2.66%
Ebara Corporation	6361	2.20%
Nichias Corporation	5393	2.13%
Rambus Inc.	RMBS	2.04%

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

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 16, 2026

Data Sources Report a data error