C000110020 Performance — Lazard Global Fixed Income Portfolio, Institutional Shares
Data updated: 2023-08-24
C000110020 returned −0.50% over one year to Jun 2023. The annualised 3-year return is −6.89%. The fund trailed its Money Market category average: $100 invested three years ago grew to $81, against $112 for the category, and to $100 over one year, against $105. Volatility over the past three years was 9.42% a year. In the 12 months to Jun 2023 the fund lost a net $3.1M, and assets reached $2.21M.
C000110020 Growth of $100
What $100 invested in Lazard Global Fixed Income Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Money Market category average over the same months.
| Period | C000110020 | Category average |
|---|---|---|
| 1 year (Jul 2022 – Jun 2023) | $100 | $105 |
| 3 years (Jul 2020 – Jun 2023) | $81 | $112 |
| Since data start (Jul 2019 – Jun 2023) | $84 | $110 |
C000110020 Trailing Returns
Total returns to Jun 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −0.50% |
| 3 years (annualised) | −6.89% |
C000110020 Annual Returns
Calendar-year total returns of Lazard Global Fixed Income Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jun) | +1.40% |
| 2022 | −17.46% |
| 2021 | −9.31% |
| 2020 | +9.53% |
| 2019 (Jul–Dec) | +1.37% |
C000110020 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 | +3.7% | −3.8% | +3.4% | +0.5% | −2.2% | −0.1% | — | — | — | — | — | — |
| 2022 | −2.5% | −1.3% | −3.4% | −6.5% | +0.7% | −3.9% | +2.2% | −4.4% | −5.9% | −0.3% | +6.4% | +0.6% |
| 2021 | −0.9% | −2.4% | −2.4% | +1.6% | +0.9% | −0.9% | +1.0% | −1.9% | −2.6% | −1.4% | −0.7% | +0.1% |
| 2020 | +1.2% | +0.8% | −3.0% | +1.3% | +1.4% | +1.4% | +3.4% | −0.1% | −0.6% | +0.1% | +1.9% | +1.6% |
| 2019 | — | — | — | — | — | — | −0.5% | +2.1% | −1.0% | +0.8% | −0.8% | +0.8% |
C000110020 Risk
Risk measures from monthly returns over Jul 2020 – Jun 2023.
- 3-year volatility (annualised): 9.42%
- 3-year Sharpe ratio: -1.21 (vs 4.5% risk-free rate)
- Best month: +6.42% (Nov 2022)
- Worst month: −6.47% (Apr 2022)
C000110020 Fund Flows
Monthly money in and out of Lazard Global Fixed Income Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$3.1M
- 12-month gross sales (incl. reinvestments): $202K
- Sales ÷ redemptions: 0.06×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2023 | $7K | $807K | −$800K |
| May 2023 | $7K | $224K | −$218K |
| Apr 2023 | $16K | $76K | −$60K |
| Mar 2023 | $9K | $1.0M | −$1.0M |
| Feb 2023 | $77K | $13K | $65K |
| Jan 2023 | $9K | $3K | $6K |
| Dec 2022 | $15K | $472K | −$457K |
| Nov 2022 | $24K | $57K | −$33K |
| Oct 2022 | $9K | $20K | −$11K |
| Sep 2022 | $9K | $483K | −$474K |
| Aug 2022 | $10K | $17K | −$7K |
| Jul 2022 | $9K | $50K | −$41K |
C000110020 Assets Under Management
Net assets of Lazard Global Fixed Income Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-06-30 | $2.21M |
| 2023-03-31 | $3.36M |
| 2022-12-31 | $4.24M |
| 2022-09-30 | $4.47M |
| 2022-06-30 | $5.43M |
| 2022-03-31 | $6.95M |
| 2021-12-31 | $8.50M |
| 2021-09-30 | $8.83M |
| 2021-06-30 | $9.03M |
| 2021-03-31 | $9.76M |
| 2020-12-31 | $9.54M |
| 2020-09-30 | $8.71M |
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.