Lazard US Short Duration Fixed Inc Open (UMNOX)

Fund Assets	33.28M
Expense Ratio	0.65%
Min. Investment	$2,500
Turnover	n/a
Dividend (ttm)	0.21
Dividend Yield	2.19%
Dividend Growth	-13.09%
Payout Frequency	n/a
Ex-Dividend Date	Apr 30, 2026

Previous Close	9.57
YTD Return	0.01%
1-Year Return	2.80%
5-Year Return	8.24%
52-Week Low	9.57
52-Week High	9.67
Beta (5Y)	-0.02
Holdings	25
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.

• Category: Short-Term Bond
• Performance Rating: Low
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: UMNOX
• Share Class: Open Shares
• Index: ICE BofA Treasury 1-3 Year TR

Performance

UMNOX had a total return of 2.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.23%.

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
Apr 30, 2026	$0.02531	Apr 30, 2026
Mar 31, 2026	$0.02581	Mar 31, 2026
Feb 27, 2026	$0.02422	Feb 27, 2026
Jan 30, 2026	$0.02613	Jan 30, 2026
Dec 31, 2025	$0.02616	Dec 31, 2025
Nov 28, 2025	$0.02616	Nov 28, 2025

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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