Lazard Managed Equity Volatility Portfolio (MEVIX)
Under normal circumstances, the Portfolio invests at least 80% of its assets in equity securities. The Portfolio invests primarily in equity securities, principally common stocks, of U.S. and non-U.S. companies. In managing the Portfolio, the Investment Manager utilizes a quantitatively driven, bottom up stock selection process.
Fund Info
US52107V4279
52107V427
May 28, 2015
$10,000
Large-Cap
Blend
Expense Ratio
MEVIX features an expense ratio of 0.75%, 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 Managed Equity Volatility 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
MEVIX
N/A
N/A
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^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of MEVIX, 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 | 1.94% | 1.99% | 3.20% | -4.23% | 2.68% | -0.61% | 4.65% | 5.76% | |||||
| 2023 | 1.84% | -2.72% | 2.79% | 2.63% | -4.25% | 3.77% | 0.89% | -1.49% | -2.12% | -1.17% | 4.55% | 1.93% | 6.41% |
| 2022 | -4.48% | -1.11% | 3.38% | -4.20% | 0.00% | -3.98% | 3.89% | -5.13% | -6.95% | 6.36% | 6.67% | -1.41% | -7.85% |
| 2021 | -1.19% | -0.43% | 6.47% | 2.43% | 1.58% | 0.86% | 3.01% | 1.91% | -4.32% | 3.27% | -1.89% | 2.90% | 15.12% |
| 2020 | -1.03% | -8.38% | -12.20% | 6.05% | 3.46% | -0.54% | 2.55% | 2.75% | -2.07% | -3.96% | 6.33% | 2.40% | -6.25% |
| 2019 | 7.24% | 3.24% | 1.48% | 0.89% | -3.02% | 5.11% | -0.00% | -0.47% | 1.41% | 1.06% | 1.78% | 1.95% | 22.31% |
| 2018 | 3.20% | -4.02% | -0.87% | 0.18% | 0.44% | -0.44% | 2.90% | 1.05% | 0.59% | -5.63% | 1.87% | -6.36% | -7.39% |
| 2017 | 2.30% | 2.94% | 1.33% | 1.59% | 1.85% | 0.00% | 1.63% | 0.71% | 0.89% | 1.67% | 2.85% | -1.50% | 17.43% |
| 2016 | -3.13% | 0.32% | 6.55% | 0.20% | -0.10% | 1.61% | 2.97% | -1.64% | 0.10% | -2.74% | 0.50% | 1.99% | 6.45% |
| 2015 | -1.50% | 1.32% | -6.41% | -0.86% | 6.26% | -0.61% | -0.22% | -2.42% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MEVIX is 50, 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 Managed Equity Volatility Portfolio (MEVIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Lazard Managed Equity Volatility Portfolio provided a 0.17% dividend yield over the last twelve months, with an annual payout of $0.02 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.02 | $0.35 | $0.21 | $0.39 | $0.09 | $0.24 | $0.16 | $0.17 | $0.22 | $0.17 |
Dividend yield | 0.17% | 2.84% | 1.74% | 2.98% | 0.74% | 1.86% | 1.55% | 1.43% | 2.19% | 1.72% |
Monthly Dividends
The table displays the monthly dividend distributions for Lazard Managed Equity Volatility 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 | $0.02 | $0.00 | $0.02 | ||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.32 | $0.35 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.00 | $0.22 | $0.39 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2019 | $0.01 | $0.02 | $0.01 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.24 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.19 | $0.22 |
| 2015 | $0.17 | $0.17 |
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 Managed Equity Volatility 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 Managed Equity Volatility Portfolio was 32.46%, occurring on Mar 23, 2020. Recovery took 283 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.46% | Feb 18, 2020 | 25 | Mar 23, 2020 | 283 | May 6, 2021 | 308 |
| -19.07% | Dec 17, 2021 | 206 | Oct 12, 2022 | 341 | Feb 22, 2024 | 547 |
| -15.57% | Jan 29, 2018 | 229 | Dec 24, 2018 | 71 | Apr 8, 2019 | 300 |
| -10.66% | Jun 24, 2015 | 145 | Jan 20, 2016 | 48 | Mar 30, 2016 | 193 |
| -5.6% | Sep 7, 2021 | 20 | Oct 4, 2021 | 52 | Dec 16, 2021 | 72 |
Volatility
Volatility Chart
The current Lazard Managed Equity Volatility Portfolio volatility is 4.01%, 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.