C000096532 Performance — Lazard Emerging Markets Debt Portfolio, Open Shares
Data updated: 2023-05-30
C000096532 returned −6.59% over one year to Mar 2023. The annualised 3-year return is −0.24%. The fund trailed its Money Market category average: $100 invested three years ago grew to $99, against $119 for the category, and to $93 over one year, against $94. Volatility over the past three years was 12.19% a year. In the 12 months to Mar 2023 the fund lost a net $7.5M, and assets reached $7.83M.
C000096532 Growth of $100
What $100 invested in Lazard Emerging Markets Debt Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Money Market category average over the same months.
| Period | C000096532 | Category average |
|---|---|---|
| 1 year (Apr 2022 – Mar 2023) | $93 | $94 |
| 3 years (Apr 2020 – Mar 2023) | $99 | $119 |
| Since data start (Jul 2019 – Mar 2023) | $86 | $108 |
C000096532 Trailing Returns
Total returns to Mar 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −6.59% |
| 3 years (annualised) | −0.24% |
C000096532 Annual Returns
Calendar-year total returns of Lazard Emerging Markets Debt Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Mar) | +3.82% |
| 2022 | −17.43% |
| 2021 | −6.05% |
| 2020 | +3.10% |
| 2019 (Jul–Dec) | +3.67% |
C000096532 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +4.6% | −3.3% | +2.7% | — | — | — | — | — | — | — | — | — |
| 2022 | −1.4% | −6.8% | −0.1% | −6.6% | +0.9% | −6.7% | +1.8% | −1.2% | −6.1% | −0.5% | +7.5% | +1.1% |
| 2021 | −1.1% | −1.8% | −2.3% | +2.2% | +1.9% | −0.6% | −0.3% | +1.1% | −2.9% | −0.8% | −2.8% | +1.3% |
| 2020 | 0.0% | −2.3% | −14.4% | +2.9% | +6.4% | +1.9% | +3.5% | +1.0% | −3.0% | −0.3% | +5.9% | +3.2% |
| 2019 | — | — | — | — | — | — | +0.5% | −1.0% | −0.3% | +1.5% | −0.8% | +3.7% |
C000096532 Risk
Risk measures from monthly returns over Apr 2020 – Mar 2023.
- 3-year volatility (annualised): 12.19%
- 3-year Sharpe ratio: -0.39 (vs 4.5% risk-free rate)
- Best month: +7.50% (Nov 2022)
- Worst month: −6.83% (Feb 2022)
C000096532 Fund Flows
Monthly money in and out of Lazard Emerging Markets Debt Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$7.5M
- 12-month gross sales (incl. reinvestments): $1.2M
- Sales ÷ redemptions: 0.13×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2023 | $75K | $6.7M | −$6.7M |
| Feb 2023 | $94K | $498K | −$405K |
| Jan 2023 | $304K | $237K | $67K |
| Dec 2022 | $69K | $546K | −$477K |
| Nov 2022 | $83K | $126K | −$43K |
| Oct 2022 | $65K | $21K | $44K |
| Sep 2022 | $64K | $23K | $41K |
| Aug 2022 | $66K | $100K | −$35K |
| Jul 2022 | $65K | $170K | −$106K |
| Jun 2022 | $67K | $97K | −$30K |
| May 2022 | $73K | $55K | $18K |
| Apr 2022 | $131K | $83K | $48K |
C000096532 Assets Under Management
Net assets of Lazard Emerging Markets Debt Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-03-31 | $7.83M |
| 2022-12-31 | $14.55M |
| 2022-09-30 | $14.10M |
| 2022-06-30 | $15.20M |
| 2022-03-31 | $17.47M |
| 2021-12-31 | $20.23M |
| 2021-09-30 | $21.23M |
| 2021-06-30 | $21.13M |
| 2021-03-31 | $21.52M |
| 2020-12-31 | $22.28M |
| 2020-09-30 | $26.52M |
| 2020-06-30 | $27.51M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.