About RLCIX
Lazard US High Yield Portfolio R6 is an actively managed mutual fund focused on below‑investment‑grade U.S. corporate bonds. Its primary objective is to provide high current income by investing across the high yield spectrum with **low interest‑rate sensitivity** and a **limited duration profile**, positioning the strategy to emphasize credit selection over rate moves. The portfolio typically holds a diversified mix of industrials, energy, consumer, and communications issuers, with recent top allocations including names such as Bombardier, DISH Network, Civitas Resources, Transocean, and Avis Budget, reflecting broad exposure to cyclical and service sectors within high yield credit. The fund’s approach seeks to balance yield opportunities with risk management through issuer and sector diversification, maintaining a moderate effective duration of about three years. It is categorized within **High Yield Bond** and designed for retirement platforms via the R6 share class, featuring an institutional minimum and a below‑average distribution fee level. Managed by Lazard Asset Management, the portfolio serves investors seeking income-oriented exposure to U.S. high yield credit within a disciplined, research‑driven framework.
Fund Family Lazard
Category High Yield Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol RLCIX
Share Class R6 Shares
Index Index is not available on Lipper Database
RLCIX had a total return of 8.50% in the past year, including dividends. Since the fund's
inception, the average annual return has been 25.78%.
