Lazard US Equity Concentrated Portfolio R6 Shares (RLUEX)
| Fund Assets | 37.37M |
| Expense Ratio | 0.80% |
| Min. Investment | $1,000,000 |
| Turnover | 146.00% |
| Dividend (ttm) | 5.64 |
| Dividend Yield | 49.27% |
| Dividend Growth | -34.32% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 13.83 |
| YTD Return | 1.39% |
| 1-Year Return | 4.54% |
| 5-Year Return | 41.24% |
| 52-Week Low | 3.84 |
| 52-Week High | 14.90 |
| Beta (5Y) | n/a |
| Holdings | 21 |
| Inception Date | Nov 15, 2016 |
About RLUEX
Lazard US Equity Concentrated Portfolio R6 Shares is an open-end mutual fund specializing in U.S. equities. The portfolio's principal objective is long-term capital appreciation, achieved by investing primarily in common stocks of U.S. companies across a broad spectrum of market capitalizations. A defining feature of this fund is its concentrated strategy, typically holding a select group of 15 to 35 companies, which allows for focused exposure to high-conviction ideas. The fund utilizes a fundamental, bottom-up investment approach, targeting stocks that are considered undervalued relative to their intrinsic worth, though these may take extended periods to realize their potential value. The portfolio is classified within the large-blend equity category and benchmarks its performance against widely recognized indices such as the S&P 500 and the Russell 1000. The fund invests in both growth and value stocks spanning various sectors, providing a diversified yet focused approach to U.S. equity investing. Lazard US Equity Concentrated Portfolio R6 Shares plays a role in offering investors access to a concentrated portfolio aimed at outperforming broader market indices through active, high-conviction stock selection.
Performance
RLUEX had a total return of 4.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 36.05%.
Top 10 Holdings
65.74% of assets| Name | Symbol | Weight |
|---|---|---|
| Amazon.com, Inc. | AMZN | 9.02% |
| Advanced Micro Devices, Inc. | AMD | 8.06% |
| DigitalOcean Holdings, Inc. | DOCN | 7.96% |
| Marvell Technology, Inc. | MRVL | 7.89% |
| Microsoft Corporation | MSFT | 7.29% |
| First Watch Restaurant Group, Inc. | FWRG | 6.50% |
| Floor & Decor Holdings, Inc. | FND | 4.87% |
| Zeta Global Holdings Corp. | ZETA | 4.79% |
| Meta Platforms, Inc. | META | 4.69% |
| RH | RH | 4.66% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $16.92384 | Dec 23, 2024 |
| Dec 21, 2023 | $20.42673 | Dec 22, 2023 |
| Aug 17, 2023 | $5.34161 | Aug 18, 2023 |
| Dec 22, 2022 | $1.78225 | Dec 23, 2022 |
| Aug 18, 2022 | $1.02938 | Aug 19, 2022 |
| Dec 22, 2021 | $8.2197 | Dec 23, 2021 |