Lazard US Corporate Income Portfolio (LZHYX)
The investment seeks maximum total return from a combination of capital appreciation and current income. Under normal circumstances, the Portfolio invests at least 80% of its assets in fixed-income securities issued by corporations or other non-governmental issuers similar to corporations, which securities are tied economically to the U.S. It typically invests a substantial portion of its assets, and may invest up to 100% of its assets. The Portfolio may invest up to 20% of its assets in other securities which need not be fixed-income securities and need not be tied economically to the U.S.
Fund Info
US52106N6994
52106N699
Jan 2, 1998
$10,000
Expense Ratio
LZHYX has an expense ratio of 0.70%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Lazard US Corporate Income Portfolio (LZHYX) returned 3.32% year-to-date (YTD) and 9.00% over the past 12 months. Over the past 10 years, LZHYX returned 3.67% annually, underperforming the S&P 500 benchmark at 10.85%.
LZHYX
3.32%
1.56%
2.49%
9.00%
5.24%
3.78%
3.67%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of LZHYX, 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 | 1.58% | 0.69% | -0.91% | 0.37% | 1.56% | 3.32% | |||||||
| 2024 | -0.07% | -0.45% | 1.15% | -1.06% | 0.92% | 0.79% | 2.00% | 1.11% | 1.52% | -0.92% | 1.08% | -0.80% | 5.33% |
| 2023 | 2.97% | -1.77% | 2.19% | 0.60% | -1.08% | 0.84% | 0.95% | -0.20% | -1.98% | 0.00% | 4.65% | 3.26% | 10.68% |
| 2022 | -2.91% | -0.69% | -1.17% | -3.57% | 1.40% | -5.88% | 6.15% | -3.15% | -3.88% | 2.87% | 1.79% | -0.63% | -9.82% |
| 2021 | 0.02% | -0.08% | 0.12% | 0.67% | 0.21% | 0.92% | 0.45% | 0.45% | -0.21% | -0.52% | -0.93% | 1.76% | 2.87% |
| 2020 | 0.15% | -1.48% | -8.57% | 3.82% | 3.90% | -0.06% | 3.99% | 0.76% | -1.10% | 0.35% | 2.65% | 0.99% | 4.84% |
| 2019 | 4.38% | 1.46% | 1.02% | 1.01% | -1.07% | 2.49% | 0.37% | 0.78% | 0.37% | 0.36% | 0.56% | 0.97% | 13.36% |
| 2018 | -0.03% | -1.05% | -0.45% | 0.18% | -0.24% | 0.18% | 0.82% | 0.81% | 0.39% | -1.51% | -0.25% | -1.54% | -2.71% |
| 2017 | 0.60% | 1.01% | -0.22% | 1.21% | 0.59% | -0.03% | 0.78% | 0.17% | 0.58% | 0.17% | -0.03% | 0.17% | 5.11% |
| 2016 | -0.23% | 0.86% | 2.35% | 1.89% | -0.01% | 0.82% | 1.66% | 1.42% | 0.19% | -0.02% | -0.43% | 1.22% | 10.11% |
| 2015 | 0.83% | 2.05% | -0.39% | 0.81% | 0.40% | -1.20% | 0.21% | -1.23% | -2.07% | 3.19% | -1.45% | -1.69% | -0.68% |
| 2014 | 0.47% | 1.67% | 0.26% | 0.25% | 0.64% | 0.63% | -1.35% | 1.63% | -1.95% | 1.87% | -0.17% | -0.58% | 3.34% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 93, LZHYX is among the top 7% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Lazard US Corporate Income Portfolio (LZHYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Lazard US Corporate Income Portfolio provided a 5.32% dividend yield over the last twelve months, with an annual payout of $0.97 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.97 | $0.91 | $0.77 | $0.78 | $0.72 | $0.78 | $0.87 | $0.88 | $0.90 | $0.92 | $0.97 | $1.06 |
Dividend yield | 5.32% | 5.07% | 4.27% | 4.61% | 3.69% | 3.95% | 4.42% | 4.85% | 4.58% | 4.70% | 5.20% | 5.40% |
Monthly Dividends
The table displays the monthly dividend distributions for Lazard US Corporate Income 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 | $0.08 | $0.08 | $0.09 | $0.09 | $0.00 | $0.34 | |||||||
| 2024 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.91 |
| 2023 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.06 | $0.07 | $0.07 | $0.77 |
| 2022 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.12 | $0.06 | $0.06 | $0.06 | $0.06 | $0.78 |
| 2021 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.72 |
| 2020 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.04 | $0.06 | $0.78 |
| 2019 | $0.07 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.87 |
| 2018 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.88 |
| 2017 | $0.08 | $0.08 | $0.08 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.90 |
| 2016 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.92 |
| 2015 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.97 |
| 2014 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.08 | $1.06 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Lazard US Corporate Income 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 US Corporate Income Portfolio was 100.00%, occurring on May 25, 1998. Recovery took 30 trading sessions.
The current Lazard US Corporate Income Portfolio drawdown is 0.05%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -100% | Apr 27, 1998 | 21 | May 25, 1998 | 30 | Jul 6, 1998 | 51 |
| -100% | Aug 4, 1998 | 25 | Sep 7, 1998 | 1537 | Sep 30, 2004 | 1562 |
| -28.94% | May 6, 2008 | 157 | Dec 16, 2008 | 198 | Sep 30, 2009 | 355 |
| -17.8% | Feb 24, 2020 | 21 | Mar 23, 2020 | 85 | Jul 23, 2020 | 106 |
| -14.09% | Sep 16, 2021 | 262 | Sep 29, 2022 | 376 | Mar 28, 2024 | 638 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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