Lazard Emerging Markets Eq Advtg R6 (READX)
| Fund Assets | 551.23M |
| Expense Ratio | 0.85% |
| Min. Investment | $2,500 |
| Turnover | 68.00% |
| Dividend (ttm) | 0.17 |
| Dividend Yield | 1.13% |
| Dividend Growth | -24.56% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Aug 15, 2025 |
| Previous Close | 14.98 |
| YTD Return | 26.05% |
| 1-Year Return | 27.39% |
| 5-Year Return | n/a |
| 52-Week Low | 10.87 |
| 52-Week High | 15.12 |
| Beta (5Y) | n/a |
| Holdings | 265 |
| Inception Date | n/a |
About READX
Lazard Emerging Markets Equity Advantage Portfolio R6 is a mutual fund focused on achieving long-term capital appreciation by investing primarily in equity securities of companies economically tied to emerging markets. The portfolio is diversified across various sectors, with significant allocations to information technology, financials, consumer discretionary, and communication services. Regional exposure is predominantly to South and East Asia, with additional holdings in Europe, the Middle East, Africa, and Latin America. The fund’s management utilizes a core investment strategy, seeking to balance growth potential and risk across a broad array of industries within emerging economies. This fund is designed for institutional and sophisticated investors seeking targeted access to growth opportunities in developing markets. Its holdings feature leading companies in sectors driving modernization and economic development. The portfolio’s relatively low expense ratio and diversified composition make it a key tool for investors looking to enhance diversification and gain exposure to the dynamic prospects of global emerging markets within their broader investment allocation.
Performance
READX had a total return of 27.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 18.55%.
Top 10 Holdings
28.36% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 9.61% |
| Tencent Holdings Limited | 0700 | 4.48% |
| Alibaba Group Holding Limited | 9988 | 2.76% |
| Samsung Electronics Co Ltd | SSU.DE | 2.14% |
| Xiaomi Corporation | 1810 | 1.87% |
| Hana Financial Group Inc. | 086790 | 1.55% |
| Delta Electronics, Inc. | 2308 | 1.53% |
| SK hynix Inc. | 000660 | 1.50% |
| MediaTek Inc. | 2454 | 1.49% |
| Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPO | n/a | 1.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 15, 2025 | $0.00073 | Aug 18, 2025 |
| Dec 20, 2024 | $0.16885 | Dec 23, 2024 |
| Aug 16, 2024 | $0.01732 | Aug 19, 2024 |
| Dec 21, 2023 | $0.20747 | Dec 22, 2023 |
| Aug 17, 2023 | $0.00742 | Aug 18, 2023 |