Lazard Emerging Markets Equity Advantage Portfolio (LEAIX)
Under normal circumstances, the Portfolio invests at least 80% of its assets in equity securities of companies that are economically tied to emerging market countries. The Portfolio invests primarily in equity securities, principally common stocks, of emerging markets companies. In managing the Portfolio, the Investment Manager utilizes a quantitatively driven, bottom up stock selection process.
Fund Info
| ISIN | US52107V4501 |
|---|---|
| CUSIP | 52107V450 |
| Issuer | Lazard |
| Inception Date | May 28, 2015 |
| Category | Emerging Markets Diversified |
| Min. Investment | $10,000 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
LEAIX features an expense ratio of 0.91%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Lazard Emerging Markets 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 Emerging Markets Equity Advantage Portfolio had a return of 11.10% year-to-date (YTD) and 15.79% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.10% | 18.10% |
| 1 month | -0.66% | 1.42% |
| 6 months | 5.11% | 9.39% |
| 1 year | 15.79% | 26.58% |
| 5 years (annualized) | 5.15% | 13.42% |
| 10 years (annualized) | N/A | 10.88% |
Monthly Returns
The table below presents the monthly returns of LEAIX, 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 | -2.39% | 6.22% | 1.86% | 0.09% | 2.18% | 2.98% | -0.08% | 0.97% | 11.10% | ||||
| 2023 | 9.25% | -5.95% | 3.76% | -1.05% | -1.64% | 4.02% | 5.56% | -5.46% | -1.98% | -3.47% | 6.79% | 3.54% | 12.67% |
| 2022 | -1.09% | -4.24% | -2.46% | -5.97% | 2.06% | -7.01% | -0.38% | -1.22% | -11.05% | -2.70% | 16.09% | -3.12% | -21.01% |
| 2021 | 3.70% | 1.40% | 0.07% | 2.48% | 0.94% | 1.93% | -6.21% | 0.71% | -4.33% | 1.68% | -4.45% | 3.65% | 0.97% |
| 2020 | -5.32% | -3.83% | -16.13% | 8.18% | 2.76% | 5.86% | 10.33% | 2.18% | -1.75% | 2.12% | 7.47% | 7.44% | 17.39% |
| 2019 | 10.17% | -0.54% | 1.46% | 1.70% | -7.05% | 6.45% | -1.78% | -3.54% | 2.07% | 3.78% | -0.18% | 7.48% | 20.44% |
| 2018 | 8.23% | -4.89% | -0.55% | -2.07% | -2.11% | -4.57% | 1.57% | -2.14% | -0.35% | -9.23% | 3.68% | -4.05% | -16.25% |
| 2017 | 6.54% | 2.59% | 3.15% | 2.65% | 3.37% | 2.21% | 6.20% | 2.83% | 0.26% | 2.57% | 0.67% | 3.10% | 42.52% |
| 2016 | -4.96% | -1.04% | 12.40% | -0.12% | -2.70% | 4.35% | 4.05% | 2.66% | 1.63% | -0.11% | -5.02% | -0.53% | 9.82% |
| 2015 | -2.90% | -6.59% | -7.83% | -1.68% | 6.33% | -3.55% | -2.68% | -17.96% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of LEAIX is 21, indicating that it is in the bottom 21% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Lazard Emerging Markets Equity Advantage Portfolio (LEAIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Lazard Emerging Markets Equity Advantage Portfolio granted a 1.82% dividend yield in the last twelve months. The annual payout for that period amounted to $0.22 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.22 | $0.21 | $0.34 | $1.03 | $0.12 | $0.23 | $0.24 | $0.14 | $0.14 | $0.14 |
Dividend yield | 1.82% | 1.93% | 3.42% | 8.01% | 0.84% | 1.92% | 2.44% | 1.15% | 1.62% | 1.77% |
Monthly Dividends
The table displays the monthly dividend distributions for Lazard Emerging Markets 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 | $0.01 | $0.00 | $0.00 | $0.00 | $0.20 | $0.21 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.29 | $0.34 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.00 | $0.89 | $1.03 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.11 | $0.12 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.13 | $0.14 |
| 2015 | $0.14 | $0.14 |
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 Emerging Markets 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 Emerging Markets Equity Advantage Portfolio was 37.24%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Lazard Emerging Markets Equity Advantage Portfolio drawdown is 11.64%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.24% | Feb 17, 2021 | 426 | Oct 24, 2022 | — | — | — |
| -37.07% | Jan 29, 2018 | 541 | Mar 23, 2020 | 171 | Nov 23, 2020 | 712 |
| -27.63% | Jun 3, 2015 | 161 | Jan 21, 2016 | 274 | Feb 22, 2017 | 435 |
| -5.98% | Jan 26, 2021 | 4 | Jan 29, 2021 | 8 | Feb 10, 2021 | 12 |
| -4.6% | Nov 24, 2017 | 9 | Dec 6, 2017 | 16 | Dec 29, 2017 | 25 |
Volatility
Volatility Chart
The current Lazard Emerging Markets Equity Advantage Portfolio volatility is 3.62%, 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.