Lazard Emerging Markets Equity R6 (RLEMX)
| Fund Assets | 9.24B |
| Expense Ratio | 1.07% |
| Min. Investment | $1,000,000 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 1.64% |
| Dividend Growth | -8.65% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 31.04 |
| YTD Return | 24.08% |
| 1-Year Return | 41.74% |
| 5-Year Return | 93.30% |
| 52-Week Low | 21.42 |
| 52-Week High | 31.52 |
| Beta (5Y) | 0.91 |
| Holdings | 97 |
| 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 41.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.58%.
Top 10 Holdings
31.42% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 5.78% |
| SK hynix Inc. | 000660 | 5.57% |
| Lazard Govt Mny Mmkt Ins Lzixx | n/a | 4.27% |
| Lenovo Group Limited | 0992 | 3.44% |
| MediaTek Inc. | 2454 | 2.65% |
| NetEase, Inc. | 9999 | 2.13% |
| Wiwynn Corporation | 6669 | 1.94% |
| Tencent Holdings Limited | 0700 | 1.89% |
| ASE Technology Holding Co., Ltd. | 3711 | 1.88% |
| China Construction Bank Corporation | 0939 | 1.87% |
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 |