Lazard Emerging Markets Equity Portfolio (LZEMX)
The fund invests primarily in equity securities, principally common stocks, of non-U.S. companies whose principal activities are located in emerging market countries and that the Investment Manager believes are undervalued based on their earnings, cash flow or asset values. Under normal circumstances, it invests at least 80% of its assets in equity securities of companies whose principal business activities are located in emerging market countries.
Fund Info
US52106N8891
52106N889
Jul 14, 1994
$10,000
Large-Cap
Value
Expense Ratio
LZEMX has a high expense ratio of 1.06%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Lazard Emerging Markets Equity 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 Portfolio had a return of 8.43% year-to-date (YTD) and 17.29% in the last 12 months. Over the past 10 years, Lazard Emerging Markets Equity Portfolio had an annualized return of 4.00%, while the S&P 500 had an annualized return of 11.29%, indicating that Lazard Emerging Markets Equity Portfolio did not perform as well as the benchmark.
LZEMX
8.43%
5.66%
4.23%
17.29%
6.05%
4.00%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of LZEMX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 4.41% | 8.43% | |||||||||||
| 2024 | -3.44% | 4.40% | 1.62% | 0.63% | 2.43% | 2.54% | 0.86% | 2.61% | 5.77% | -5.90% | -2.35% | -1.20% | 7.61% |
| 2023 | 8.92% | -3.53% | 2.68% | 0.89% | -2.14% | 6.31% | 4.18% | -4.36% | -0.91% | -1.96% | 7.08% | 4.32% | 22.44% |
| 2022 | 2.04% | -4.38% | -1.64% | -5.12% | 3.27% | -9.68% | 1.04% | -1.35% | -10.50% | 1.17% | 14.11% | -2.67% | -14.87% |
| 2021 | 0.33% | 1.93% | 2.66% | 1.11% | 5.01% | -0.60% | -4.20% | 2.60% | -2.95% | 0.21% | -4.37% | 4.02% | 5.37% |
| 2020 | -6.17% | -6.80% | -20.05% | 7.12% | 1.95% | 2.98% | 5.30% | -1.04% | -1.61% | -0.07% | 14.24% | 8.58% | -0.07% |
| 2019 | 11.58% | -3.07% | -0.58% | 2.26% | -4.47% | 5.10% | -2.09% | -5.23% | 3.68% | 3.73% | -0.06% | 7.21% | 18.05% |
| 2018 | 8.19% | -4.43% | -1.30% | -2.99% | -6.71% | -4.54% | 3.00% | -5.33% | 0.87% | -5.20% | 3.29% | -3.56% | -18.11% |
| 2017 | 4.95% | 2.75% | 2.38% | 1.82% | 0.84% | -0.50% | 5.45% | 2.10% | -0.78% | 2.35% | -0.26% | 4.09% | 28.02% |
| 2016 | -2.75% | -1.91% | 13.96% | 3.01% | -3.79% | 5.73% | 4.70% | 1.44% | 2.47% | 0.60% | -5.58% | 2.32% | 20.50% |
| 2015 | -0.58% | 2.28% | -3.55% | 6.94% | -3.72% | -2.02% | -5.29% | -10.24% | -5.19% | 7.08% | -2.52% | -4.47% | -20.47% |
| 2014 | -8.09% | 2.33% | 5.87% | 0.48% | 5.46% | 3.45% | 1.13% | 1.26% | -8.82% | 2.52% | -1.54% | -8.58% | -5.94% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of LZEMX is 65, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Lazard Emerging Markets Equity Portfolio (LZEMX) 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 Portfolio provided a 2.87% dividend yield over the last twelve months, with an annual payout of $0.56 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.56 | $0.56 | $0.65 | $0.86 | $0.89 | $0.38 | $0.45 | $0.34 | $0.40 | $0.24 | $0.23 | $0.38 |
Dividend yield | 2.87% | 3.11% | 3.76% | 5.92% | 4.88% | 2.11% | 2.45% | 2.10% | 1.99% | 1.48% | 1.72% | 2.18% |
Monthly Dividends
The table displays the monthly dividend distributions for Lazard Emerging Markets Equity 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $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 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 | $0.65 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.86 | $0.86 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.00 | $0.55 | $0.89 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.00 | $0.16 | $0.38 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.30 | $0.45 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.28 | $0.34 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 | $0.30 | $0.40 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.14 | $0.24 |
| 2015 | $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 |
| 2014 | $0.38 | $0.38 |
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 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 Portfolio was 66.91%, occurring on Mar 2, 2009. Recovery took 3818 trading sessions.
The current Lazard Emerging Markets Equity Portfolio drawdown is 3.03%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -66.91% | Nov 1, 2007 | 333 | Mar 2, 2009 | 3818 | May 2, 2024 | 4151 |
| -59.42% | Jul 11, 1997 | 305 | Sep 10, 1998 | 1563 | Nov 17, 2004 | 1868 |
| -34.09% | Oct 24, 1994 | 99 | Mar 9, 1995 | 482 | Jan 13, 1997 | 581 |
| -23.21% | May 10, 2006 | 24 | Jun 13, 2006 | 118 | Nov 30, 2006 | 142 |
| -16.4% | Jul 24, 2007 | 18 | Aug 16, 2007 | 29 | Sep 27, 2007 | 47 |
Volatility
Volatility Chart
The current Lazard Emerging Markets Equity Portfolio volatility is 3.07%, 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.