Lazard Real Assets Portfolio Institutional Shares (RALIX)

Fund Assets	6.68M
Expense Ratio	0.827%
Min. Investment	$100,000
Turnover	32.00%
Dividend (ttm)	1.12
Dividend Yield	9.80%
Dividend Growth	101.05%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 18, 2026

Previous Close	11.36
YTD Return	12.65%
1-Year Return	17.56%
5-Year Return	35.49%
52-Week Low	10.53
52-Week High	12.15
Beta (5Y)	0.56
Holdings	184
Inception Date	Dec 30, 2016

About RALIX

Lazard Real Assets Portfolio Institutional Shares is a diversified mutual fund focused on long-term capital appreciation through investments in real assets. The fund is designed to offer investors exposure to asset classes that typically display low correlation to traditional equities and bonds, aiming to generate current income and serve as a partial hedge against inflationary pressures. Its portfolio spans a mix of liquid real assets, including real estate investment trusts (REITs), listed infrastructure companies, commodity-related investments, and global inflation-linked bonds. Managed by Lazard’s Multi-Asset team, the portfolio employs a multi-asset strategy to navigate various inflation drivers and market cycles, leveraging both dynamic asset allocation and bottom-up security selection for risk management and opportunity capture. With an institutional share class structure, the fund primarily targets institutional investors seeking diversification and protection from inflation within a global allocation framework. Notable holdings include investments in cash equivalents, gold, major real estate firms, and global utilities, illustrating its emphasis on sectors directly impacted by real asset valuations and commodity dynamics.

• Fund Family: Lazard
• Category: Real Return
• Performance Rating: Above Average
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: RALIX
• Share Class: Institutional Shares
• Index: MSCI World Free NR USD

Performance

RALIX had a total return of 17.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.67%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
RALYX	R6 Shares	0.78%
RALOX	Open Shares	1.08%

Top 10 Holdings

34.23% of assets

Name	Symbol	Weight
LAZARD GOVT MNY MMKT INS	n/a	18.25%
Goldman Sachs International - Long: ENHG288P TRS USD R E ENHG288P TRS USD R E / Short: ENHG288P TRS USD P F .15000 ENHG288P TRS USD P F .15000	n/a	2.32%
American Tower Corporation	AMT	2.18%
Prologis, Inc.	PLD	2.12%
Welltower Inc.	WELL	1.90%
iShares Gold Trust	IAU	1.63%
Simon Property Group, Inc.	SPG	1.58%
Crown Castle Inc.	CCI	1.55%
SBA Communications Corporation	SBAC	1.39%
Ameren Corporation	AEE	1.31%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 18, 2026	$0.33938	Sep 21, 2026
Jun 18, 2026	$0.20464	Jun 22, 2026
Mar 20, 2026	$0.17615	Mar 23, 2026
Dec 19, 2025	$0.39751	Dec 22, 2025
Sep 19, 2025	$0.21609	Sep 22, 2025
Jun 20, 2025	$0.13966	Jun 23, 2025

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 17, 2026

Data Sources Report a data error