Morningstar

Lazard US High Yield Portfolio Open Shares LZHOX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Lazard Investment Hub
  • NAV / 1-Day Return $18.26  /  +0.55 %
  • Fund Size $135.5M
  • Adjusted Expense Ratio 0.800%
  • Net Expense Ratio 0.800%
  • Fee Level: Distribution Average
  • Share Class Type No Load
  • Morningstar Category High Yield Bond
  • Fixed-Income Style Box (Funds) Low/Limited
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 5.61%
  • Average Effective Duration 2.98 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis LZHOX

Will LZHOX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LZHOX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LZHOX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LZHOX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Lazard US High Yield Portfolio Open holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings LZHOX

More LZHOX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Iron Mountain Inc. 4.5%

2.23 3M
Corporate

ADT Security Corp. 4.125%

1.59 2M
Corporate

Venture Global LNG Inc. 9.875%

1.59 2M
Corporate

XPLR Infrastructure Operating Partners LP 8.625%

1.56 2M
Corporate

1261229 Bc Ltd. 10%

1.55 2M
Corporate

SM Energy Co. 8.75%

1.55 2M
Corporate

Oak-Eagle AcquireCo Inc. 8.75%

1.53 2M
Corporate

Lazard Govt Mny Mmkt Ins Lzixx

1.53 2M
Cash and Equivalents

Bausch Plus Lomb Corp. 8.375%

1.52 2M
Corporate

Nexstar Media Inc. 7.25%

1.52 2M
Corporate

Sponsor Center