Lazard US Short Duration Fixed Income Portfolio Open Shares (UMNOX)
| Fund Assets | 32.59M |
| Expense Ratio | 0.65% |
| Min. Investment | $2,500 |
| Turnover | 276.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 2.58% |
| Dividend Growth | -26.36% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.66 |
| YTD Return | 0.22% |
| 1-Year Return | 3.81% |
| 5-Year Return | 8.95% |
| 52-Week Low | 9.32 |
| 52-Week High | 9.67 |
| Beta (5Y) | n/a |
| Holdings | 28 |
| Inception Date | Feb 28, 2011 |
About UMNOX
Lazard U.S. Short Duration Fixed Income Portfolio Open Shares is a mutual fund focused on delivering total return with an emphasis on preservation of capital through a diversified, ultrashort-duration bond strategy. The portfolio typically invests at least 80% of assets in U.S. dollar–denominated fixed-income securities, including U.S. government and agency debt, investment‑grade corporate bonds, mortgage- and asset‑backed securities, municipal securities, structured products, preferred stock, and inflation‑indexed bonds, with the flexibility to allocate up to 20% to other securities. Positioned in the ultrashort bond category, it targets low interest‑rate sensitivity by maintaining very short effective duration, a profile generally associated with modest volatility and incremental income over cash. The fund distributes income monthly and has an expense ratio characteristic of its share class. Originating in 2011 and subsequently rebranded to its current mandate, the strategy serves investors seeking capital stability and liquidity with diversified exposure across high‑quality U.S. fixed‑income sectors in the front end of the curve.
Performance
UMNOX had a total return of 3.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.50%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| UMNIX | Institutional Shares | 0.40% |
| RLSDX | R6 Shares | 0.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.00168 | Jan 30, 2026 |
| Dec 31, 2025 | $0.00084 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02616 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02647 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0269 | Sep 30, 2025 |
| Aug 29, 2025 | $0.00265 | Aug 29, 2025 |