Lazard Global Listed Infrastructure Portfolio Institutional Shares (GLIFX)

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Lazard Global Listed Infrastructure Portfolio Institutional Shares (GLIFX) is up 7.2% since the beginning of the year. GLIFX is currently trading at $19 per share. Investors who bought $1,000 worth of GLIFX shares 5 years ago would now be looking at an investment worth $1,701.

Lazard Global Listed Infrastructure Portfolio Institutional Shares (GLIFX) has returned 7.16% so far this year and 16.05% over the past 12 months.

Based on dividend-adjusted daily data since Jan 4, 2010, GLIFX's average daily return is +0.04%, while the average monthly return is +0.92%. At this rate, an investment would double in approximately 6.3 years.

Historically, 65% of months were positive and 35% were negative. The best month was Feb 2026 with a return of +9.9%, while the worst month was Mar 2020 at -13.6%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 5 months.

On a daily basis, GLIFX closed higher 52% of trading days. The best single day was Mar 13, 2020 with a return of +6.8%, while the worst single day was Mar 12, 2020 at -9.1%.

Lazard Global Listed Infrastructure Portfolio Institutional Shares has an annualized alpha of 9.41%, beta of 0.26, and R2 of 0.09 versus S&P 500 Index. Calculated based on daily prices since January 05, 2010.

• This fund captured 42.43% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -10.03%) - a profile typical of hedging or uncorrelated assets.
• Beta of 0.26 may look defensive, but with R2 of 0.09 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.09 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

GLIFX has a high expense ratio of 0.97%, indicating above-average management fees.

GLIFX ranks 25 for risk / return — below 25% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Lazard Global Listed Infrastructure Portfolio Institutional Shares (GLIFX) and compare them to S&P 500 Index.

Lazard Global Listed Infrastructure Portfolio Institutional Shares provided a 6.30% dividend yield over the last twelve months, with an annual payout of $1.22 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Lazard Global Listed Infrastructure Portfolio Institutional Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Lazard Global Listed Infrastructure Portfolio Institutional Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Lazard Global Listed Infrastructure Portfolio Institutional Shares was 29.65%, occurring on Mar 23, 2020. Recovery took 340 trading sessions.

The current Lazard Global Listed Infrastructure Portfolio Institutional Shares drawdown is 5.93%.

The chart below shows the rolling one-month volatility.