Lazard International Small Cap Equity Portfolio (LZISX)
The fund invests primarily in equity securities, principally common stocks, of relatively small non-U.S. companies that the Investment Manager believes are undervalued based on their earnings, cash flow or asset values. The Investment Manager considers "small non-U.S. companies" to be those non-U.S. companies with market capitalizations, at the time of initial purchase by the Portfolio, below $5 billion and above $300 million or in the range of companies included in the MSCI EAFE Small Cap Index.
Fund Info
ISIN | US52106N8065 |
---|---|
CUSIP | 52106N806 |
Issuer | Lazard |
Inception Date | Nov 30, 1993 |
Category | Foreign Small & Mid Cap Equities |
Min. Investment | $10,000 |
Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
LZISX has a high expense ratio of 1.14%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Lazard International Small Cap 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 International Small Cap Equity Portfolio had a return of 6.15% year-to-date (YTD) and 13.79% in the last 12 months. Over the past 10 years, Lazard International Small Cap Equity Portfolio had an annualized return of 3.80%, while the S&P 500 had an annualized return of 10.92%, indicating that Lazard International Small Cap Equity Portfolio did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 6.15% | 17.95% |
1 month | 4.41% | 3.13% |
6 months | 8.60% | 9.95% |
1 year | 13.79% | 24.88% |
5 years (annualized) | 4.37% | 13.37% |
10 years (annualized) | 3.80% | 10.92% |
Monthly Returns
The table below presents the monthly returns of LZISX, 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 | -2.86% | -0.86% | 2.47% | -3.74% | 3.88% | -1.45% | 6.85% | 3.16% | 6.15% | ||||
2023 | 8.71% | -2.27% | 0.98% | 1.21% | -3.23% | 1.11% | 2.32% | -2.69% | -5.79% | -5.23% | 10.21% | 7.20% | 11.59% |
2022 | -6.82% | -3.91% | -1.02% | -6.37% | -0.55% | -12.90% | 6.71% | -7.73% | -10.08% | 4.93% | 12.68% | -2.10% | -26.34% |
2021 | -0.07% | 2.22% | 1.23% | 6.45% | 2.49% | -0.79% | 1.52% | 3.99% | -3.68% | 1.58% | -5.64% | 3.00% | 12.36% |
2020 | -2.71% | -8.52% | -17.33% | 10.48% | 7.27% | 3.67% | 3.18% | 4.87% | -0.86% | -2.69% | 12.38% | 6.97% | 13.45% |
2019 | 9.75% | 2.20% | -1.43% | 3.55% | -3.95% | 3.93% | -2.29% | -1.93% | 2.45% | 4.15% | 3.18% | 4.55% | 26.04% |
2018 | 4.57% | -4.44% | 0.80% | -1.22% | -0.87% | -1.47% | 0.82% | -2.23% | -1.55% | -12.33% | -1.25% | -8.01% | -24.90% |
2017 | 3.17% | 0.96% | 2.67% | 5.65% | 3.33% | 0.09% | 4.41% | 0.89% | 3.46% | 2.26% | 2.13% | 2.76% | 36.67% |
2016 | -5.87% | -1.66% | 8.42% | -0.55% | 1.10% | -3.91% | 3.78% | -1.87% | 3.11% | -4.66% | -2.49% | 0.57% | -4.79% |
2015 | -0.60% | 7.04% | -0.94% | 4.08% | 1.46% | -0.18% | 0.45% | -5.79% | -2.87% | 4.53% | 2.07% | 0.65% | 9.65% |
2014 | -1.61% | 4.34% | 0.92% | -1.28% | 1.76% | 1.82% | -2.42% | 0.14% | -5.35% | 0.30% | -0.59% | -0.50% | -2.75% |
2013 | 4.44% | 0.12% | 3.06% | 4.69% | -2.18% | -2.23% | 5.48% | -1.78% | 8.51% | 3.97% | -0.10% | 3.23% | 30.05% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of LZISX is 14, indicating that it is in the bottom 14% 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 International Small Cap Equity Portfolio (LZISX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Lazard International Small Cap Equity Portfolio granted a 1.86% dividend yield in the last twelve months. The annual payout for that period amounted to $0.17 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.17 | $0.17 | $0.42 | $4.04 | $0.28 | $0.30 | $0.46 | $0.00 | $0.29 | $0.07 | $0.24 | $0.03 |
Dividend yield | 1.86% | 2.08% | 5.44% | 36.78% | 2.07% | 2.48% | 4.62% | 0.00% | 2.89% | 0.67% | 2.40% | 0.25% |
Monthly Dividends
The table displays the monthly dividend distributions for Lazard International Small Cap 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.01 | |||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.16 | $0.17 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.00 | $0.05 | $0.42 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.00 | $3.86 | $4.04 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.00 | $0.18 | $0.46 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.00 | $0.14 | $0.29 |
2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 |
2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 |
2013 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 |
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 Small Cap 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 International Small Cap Equity Portfolio was 68.14%, occurring on Mar 9, 2009. Recovery took 1320 trading sessions.
The current Lazard International Small Cap Equity Portfolio drawdown is 19.04%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-68.14% | Jul 13, 2007 | 416 | Mar 9, 2009 | 1320 | Jun 6, 2014 | 1736 |
-44.56% | Jan 29, 2018 | 539 | Mar 19, 2020 | 195 | Dec 24, 2020 | 734 |
-42% | Sep 8, 2021 | 266 | Sep 27, 2022 | — | — | — |
-34.11% | Mar 13, 2000 | 381 | Sep 21, 2001 | 540 | Nov 14, 2003 | 921 |
-29.9% | May 13, 1998 | 108 | Oct 9, 1998 | 368 | Mar 10, 2000 | 476 |
Volatility
Volatility Chart
The current Lazard International Small Cap Equity Portfolio volatility is 3.99%, 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.