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Lazard US Realty Equity Open

LREOX
20.62
+0.13
+0.63%
9/28/2016
5 Years
  • Previous Close

    20.49

  • Net Assets

    69.39M

  • Yield

    1.28%

  • Front load

    None

  • Expenses

    1.32%

  • Category

    Real Estate

  • Morningstar Risk

    Average

  • Morningstar Rating ★★★★
Profile

Name of Issuer

Lazard

Fund Style

Open

Fund Manager

Jay Leupp

Investment Style

Medium Growth

The investment seeks long-term capital appreciation, with current income, including interest and dividends from portfolio securities, as a secondary objective. Under normal circumstances, the Portfolio invests at least 80% of its assets in equity securities (including common, convertible and preferred stocks) of U.S. Realty Companies, as well as certain synthetic instruments related to U.S. Realty Companies. Such synthetic instruments are investments that have economic characteristics similar to the Portfolio's direct investments in U.S. Realty Companies and may include warrants, rights, options and shares of ETFs. The fund is non-diversified.

Purchase Information

Initial Purchase 2,500
Initial Purchase: IRA 2,500
Initial Purchase: AIP 2,500

Inception

12/31/2008

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