Lazard US Equity Focus Portfolio Institutional Shares (LZUSX)

Fund Assets	89.11M
Expense Ratio	0.70%
Min. Investment	$100,000
Turnover	n/a
Dividend (ttm)	1.09
Dividend Yield	6.46%
Dividend Growth	551.18%
Payout Frequency	Semi-Annual
Ex-Dividend Date	Dec 20, 2024

Previous Close	16.56
YTD Return	1.27%
1-Year Return	5.22%
5-Year Return	80.75%
52-Week Low	14.03
52-Week High	18.14
Beta (5Y)	0.94
Holdings	31
Inception Date	Dec 30, 2004

About LZUSX

LZUSX was founded on 2004-12-30. The Fund's investment strategy focuses on Growth with 0.7% total expense ratio. The minimum amount to invest in Lazard Funds, Inc: Lazard US Equity Focus Portfolio; Institutional Shares is $100,000 on a standard taxable account. Lazard Funds, Inc: Lazard US Equity Focus Portfolio; Institutional Shares seeks long-term capital appreciation. The Portfolio invests primarily in equity securities, principally common stocks, of U.S. companies that the Investment Manager believes are undervalued based on their earnings, cash flow or asset values.

• Fund Family: Lazard Instl
• Category: Large Blend
• Stock Exchange: NASDAQ
• Ticker Symbol: LZUSX
• Share Class: Institutional Shares
• Index: S&P 500 TR

Performance

LZUSX had a total return of 5.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.58%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VPMAX	Vanguard	Vanguard PRIMECAP Fund Admiral Shares	0.31%
VGIAX	Vanguard	Vanguard Growth and Income Fund Admiral Shares	0.26%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
RLUSX	R6 Shares	0.70%
LZUOX	Open Shares	0.95%

Top 10 Holdings

54.66% of assets

Name	Symbol	Weight
Microsoft Corporation	MSFT	9.36%
Apple Inc.	AAPL	7.60%
Amazon.com, Inc.	AMZN	6.60%
Intercontinental Exchange, Inc.	ICE	5.17%
Visa Inc.	V	4.77%
Marsh & McLennan Companies, Inc.	MMC	4.51%
Alphabet Inc.	GOOGL	4.39%
Danaher Corporation	DHR	4.38%
The Goldman Sachs Group, Inc.	GS	4.20%
McDonald's Corporation	MCD	3.69%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 20, 2024	$1.05774	Dec 23, 2024
Aug 16, 2024	$0.03155	Aug 19, 2024
Dec 21, 2023	$0.16728	Dec 22, 2023
Dec 22, 2022	$0.3121	Dec 23, 2022
Aug 18, 2022	$0.04768	Aug 19, 2022
Dec 22, 2021	$0.57313	Dec 23, 2021