Lazard Emerging Markets Equity Portfolio R6 Shares (RLEMX)
| Fund Assets | 8.79B |
| Expense Ratio | 1.07% |
| Min. Investment | $1,000,000 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 1.67% |
| Dividend Growth | -8.65% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 30.34 |
| YTD Return | 22.55% |
| 1-Year Return | 52.72% |
| 5-Year Return | 90.32% |
| 52-Week Low | 20.33 |
| 52-Week High | 30.64 |
| Beta (5Y) | n/a |
| Holdings | 100 |
| Inception Date | Jan 15, 2015 |
About RLEMX
Lazard Emerging Markets Equity Portfolio R6 Shares is an open-end mutual fund focused on achieving long-term capital appreciation by investing primarily in the equity securities of companies located in global emerging markets. The fund is managed by Lazard Asset Management and uses a value-oriented approach, seeking well-managed and profitable businesses that are believed to be undervalued based on earnings, cash flow, or asset values. At least 80% of its assets are typically allocated to emerging market equities across a wide range of sectors and market capitalizations, reflecting a diversified strategy. The portfolio predominantly consists of non-U.S. holdings, with about 95% of assets in foreign stocks and only a small allocation to domestic equities. The fund benchmarks its performance against the MSCI Emerging Markets Index, a widely recognized standard for tracking equity performance in developing economies. This approach positions the fund as a specialist vehicle for investors seeking exposure to the growth potential and unique opportunities present in emerging market regions.
Performance
RLEMX had a total return of 52.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.67%.
Top 10 Holdings
23.85% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 4.89% |
| Lazard Govt Mny Mmkt Ins Lzixx | n/a | 3.56% |
| SK hynix Inc. | 000660 | 3.10% |
| China Construction Bank Corporation | 0939 | 2.26% |
| Vibra Energia S.A. | VBBR3 | 1.74% |
| Shinhan Financial Group Co., Ltd. | 055550 | 1.73% |
| MediaTek Inc. | 2454 | 1.66% |
| KB Financial Group Inc. | 105560 | 1.65% |
| Grupo Financiero Banorte, S.A.B. de C.V. | GFNORTEO | 1.64% |
| China Merchants Bank Co Ltd Class H | M4B.DE | 1.63% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.50835 | Dec 22, 2025 |
| Dec 20, 2024 | $0.5565 | Dec 23, 2024 |
| Dec 21, 2023 | $0.64597 | Dec 22, 2023 |
| Dec 22, 2022 | $0.8625 | Dec 23, 2022 |
| Dec 22, 2021 | $0.54542 | Dec 23, 2021 |
| Aug 19, 2021 | $0.34029 | Aug 20, 2021 |