18.71 Down -0.01 -0.05%
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 18.72
Category Real Estate
Net Assets 74.86 Mil
Yield 1.00%
Morningstar Risk High
Morningstar Return High
  • Last NAV update 9/19/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks primarily long-term capital appreciation, with current income, including interest and dividends from portfolio securities, as a secondary objective. The fund 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. It may invest in issuers of any market capitalization and securities of any maturity. The fund also may invest up to 20% of its assets in equity and fixed income securities and instruments of companies or entities. It is non-diversified.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 35.55% 9.91% 20.58% 1.58% 16.28%
Value ($) 13,555.35 14,899.21 17,965.37 18,248.56 21,218.92
  • Year to date performance as of 9/19/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family Lazard
Fund Manager Jay Leupp
Tenure (Years) 6
Fund Status Open
Minimum Initial Purchase 2,500.00
Minimum IRA Investment 2,500.00
Front Load 0.00
Expense Ratio 1.36%
PERFORMANCE
Symbol Value ($)
1 Month -3.06%
3 Months 0.98%
1 Year 11.96%
3 Years* 16.81%
5 Years* 17.83%
  • * Annualized returns
  • Performance as of 9/19/2014 12:00 AM ET
PEER COMPARISON
  LREOX Real Estate
5-Yr Return 17.83% 14.48%
Sharpe Ratio 0.94 2.49
Net Assets 74.86 Mil 298.26 Mil
Avg Market Cap 9.53 Bil 11.72 Bil
Avg P/E 40.07 36.08
Portfolio Turnover 98 72
HOLDINGS
Symbol Value ($)
Stocks 97.33%
Cash 2.67%
Fixed Income 0.00%
Other 0.00%
DATA PROVIDERS

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