Lazard Emerging Markets Equity Advantage Portfolio (LEAIX)

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Lazard Emerging Markets Equity Advantage Portfolio (LEAIX) is up 30.7% since the beginning of the year. LEAIX is currently trading at $20 per share. Investors who bought $1,000 worth of LEAIX shares 5 years ago would now be looking at an investment worth $1,576.

Lazard Emerging Markets Equity Advantage Portfolio (LEAIX) has returned 30.73% so far this year and 59.84% over the past 12 months. Over the last ten years, LEAIX has returned 12.02% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Jan 4, 2016, LEAIX's average daily return is +0.05%, while the average monthly return is +1.08%. At this rate, an investment would double in approximately 5.4 years.

Historically, 60% of months were positive and 40% were negative. The best month was Nov 2022 with a return of +16.1%, while the worst month was Mar 2020 at -16.1%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 5 months.

On a daily basis, LEAIX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +7.0%, while the worst single day was Mar 16, 2020 at -11.3%.

Lazard Emerging Markets Equity Advantage Portfolio has an annualized alpha of 2.82%, beta of 0.72, and R2 of 0.54 versus S&P 500 Index. Calculated based on daily prices since January 05, 2016.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (78.81%) than losses (78.72%) - typical of diversified or defensive assets.
• This fund generated an annualized alpha of 2.82% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.

LEAIX has an expense ratio of 0.91%, placing it in the medium range.

LEAIX ranks 92 for risk / return — in the top 92% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Lazard Emerging Markets Equity Advantage Portfolio (LEAIX) and compare them to S&P 500 Index.

Lazard Emerging Markets Equity Advantage Portfolio provided a 1.46% dividend yield over the last twelve months, with an annual payout of $0.30 per share.

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.

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 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 31, 2022. Recovery took 652 trading sessions.

The chart below shows the rolling one-month volatility.