Lazard International Equity Advantage Portfolio (IEAIX)
The investment seeks long-term capital appreciation. The Portfolio invests primarily in equity securities, principally common stocks, of U.S. and non-U.S. companies. In managing the Portfolio, the Investment Manager utilizes a quantitatively driven, bottom up stock selection process. Under normal circumstances, the Portfolio invests at least 80% of its assets in equity securities. The allocation of the Portfolio's assets among countries and regions will vary from time to time based on the Investment Manager's judgment and its analysis of market conditions.
Fund Info
| ISIN | US52107V3859 |
|---|---|
| CUSIP | 52107V385 |
| Issuer | Lazard |
| Inception Date | May 29, 2015 |
| Category | Foreign Large Cap Equities |
| Min. Investment | $10,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
IEAIX features an expense ratio of 0.80%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Lazard International Equity Advantage Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Lazard International Equity Advantage Portfolio had a return of 13.83% year-to-date (YTD) and 21.98% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 13.83% | 17.79% |
| 1 month | -0.47% | 0.18% |
| 6 months | 6.01% | 7.53% |
| 1 year | 21.98% | 26.42% |
| 5 years (annualized) | 8.78% | 13.48% |
| 10 years (annualized) | N/A | 10.85% |
Monthly Returns
The table below presents the monthly returns of IEAIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.36% | 4.33% | 3.37% | -1.92% | 5.55% | -0.40% | 2.43% | 2.04% | 13.83% | ||||
| 2023 | 8.46% | -2.07% | 2.32% | 1.97% | -3.96% | 5.23% | 3.63% | -3.85% | -2.40% | -2.95% | 8.51% | 4.46% | 19.82% |
| 2022 | -2.50% | -3.85% | -0.38% | -6.70% | 3.28% | -9.14% | 4.81% | -5.78% | -9.48% | 6.16% | 13.22% | -1.51% | -13.47% |
| 2021 | -1.07% | 3.13% | 3.51% | 3.12% | 4.09% | -1.28% | 1.39% | 1.47% | -4.55% | 3.00% | -4.45% | 5.39% | 13.99% |
| 2020 | -2.00% | -7.86% | -13.75% | 5.78% | 4.13% | 2.57% | 1.59% | 4.38% | -2.04% | -3.61% | 13.30% | 5.60% | 5.40% |
| 2019 | 7.59% | 1.71% | 0.84% | 1.88% | -5.83% | 5.32% | -2.89% | -2.65% | 2.84% | 3.29% | 1.13% | 3.67% | 17.37% |
| 2018 | 5.31% | -5.39% | -0.92% | 1.39% | -2.29% | -1.87% | 2.77% | -2.68% | 0.58% | -7.83% | -0.93% | -5.06% | -16.31% |
| 2017 | 3.70% | 0.97% | 3.43% | 2.90% | 2.62% | 0.20% | 2.64% | 0.48% | 2.47% | 1.85% | 0.36% | 0.95% | 24.97% |
| 2016 | -6.41% | -3.36% | 6.36% | 1.13% | 1.23% | -4.74% | 5.09% | -0.61% | 1.56% | -1.75% | -1.90% | 3.07% | -1.14% |
| 2015 | -2.30% | 1.23% | -7.08% | -3.48% | 7.10% | -0.63% | -1.10% | -6.64% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of IEAIX is 59, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Lazard International Equity Advantage Portfolio (IEAIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Lazard International Equity Advantage Portfolio granted a 0.67% dividend yield in the last twelve months. The annual payout for that period amounted to $0.08 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.08 | $0.07 | $0.34 | $0.56 | $0.20 | $0.22 | $0.44 | $0.21 | $0.19 | $0.12 |
Dividend yield | 0.67% | 0.63% | 3.68% | 5.02% | 1.98% | 2.20% | 5.10% | 1.95% | 2.18% | 1.35% |
Monthly Dividends
The table displays the monthly dividend distributions for Lazard International Equity Advantage Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.02 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.27 | $0.34 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.56 | $0.56 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.37 | $0.44 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.16 | $0.19 |
| 2015 | $0.12 | $0.12 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Lazard International Equity Advantage Portfolio. 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 International Equity Advantage Portfolio was 38.03%, occurring on Mar 23, 2020. Recovery took 225 trading sessions.
The current Lazard International Equity Advantage Portfolio drawdown is 1.71%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.03% | Jan 29, 2018 | 541 | Mar 23, 2020 | 225 | Feb 11, 2021 | 766 |
| -28.8% | Sep 8, 2021 | 266 | Sep 27, 2022 | 313 | Dec 26, 2023 | 579 |
| -20.54% | Jun 24, 2015 | 161 | Feb 11, 2016 | 301 | Apr 24, 2017 | 462 |
| -8.19% | Jul 15, 2024 | 17 | Aug 6, 2024 | 13 | Aug 23, 2024 | 30 |
| -4.95% | Jun 8, 2021 | 29 | Jul 19, 2021 | 19 | Aug 13, 2021 | 48 |
Volatility
Volatility Chart
The current Lazard International Equity Advantage Portfolio volatility is 3.70%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.