Lazard Global Dynamic Multi-Asset Portfolio

C000114570 Fund Overview

Lazard Global Dynamic Multi-Asset Portfolio is a US mutual fund managed by Lazard Funds INC, categorised as Global (incl. US) Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Lazard Funds INC
• Category: Global (incl. US) Large Cap Blend / Core Equity
• Assets under management: $9.76M
• 1-year return: 13.1%
• SEC CIK: 0000874964
• SEC series ID: S000037196
• Share class ID: C000114570

C000114570 Investment Objective and Strategy

Lazard Global Dynamic Multi-Asset Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Lazard Funds INC.

Investment objective

The Portfolio seeks total return.

Principal investment strategy

The Investment Manager allocates the Portfolios assets among various US and non-US equity and fixed-income strategies managed by the Investment Manager in proportions consistent with the Investment Managers evaluation of various economic and other factors designed to estimate probabilities, including volatility. The Investment Manager makes allocation decisions among the strategies based on quantitative and qualitative analysis using a number of different tools, including proprietary software models and input from the Investment Managers research analysts. At any given time the Portfolios assets may not be allocated to all strategies. A principal component of the Investment Managers investment process for the Portfolio is volatility management. The Investment Manager generally will seek to achieve, over a full market cycle, a level of volatility in the Portfolios performance of approximately 10%.

Volatility, a risk measurement, measures the magnitude of up and down fluctuations in the value of a financial instrument or index over time. As a consequence of allocating its assets among various of the Investment Managers investment strategies, the Portfolio may: invest in US and non-US equity and debt securities (including those of companies with business activities located in emerging market countries and securities issued by governments of such countries), depositary receipts and shares, currencies and related instruments, and structured notes invest in ETFs and similar products, which generally pursue a passive index-based strategy invest in securities of companies of any size or market capitalization invest in debt securities of any maturity or duration invest in securities of any particular quality or investment grade and, as a result, the Portfolio may invest significantly in securities rated below investment grade ( e.g., lower than Baa by Moodys or lower than BBB by S&P) (junk bonds) or securities that are unrated enter into swap agreements (including credit default swap agreements) and forward contracts, and may purchase and write put and covered call options, on securities, indexes and currencies, for hedging purposes (although it is not required to do so) or to seek to increase returns Under normal market conditions, the Portfolio invests significantly (at least 40% unless market conditions are not deemed favorable by the Investment Manager, in which case the Portfolio would invest at least 30%) in issuers organized or located outside the US or doing a substantial amount of business outside the US, securities denominated in a foreign currency or foreign currency forward contracts.

C000114570 Holdings

Top 10 holdings of Lazard Global Dynamic Multi-Asset Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000114570 holdings

C000114570 Portfolio Allocation

Asset-class allocation of Lazard Global Dynamic Multi-Asset Portfolio by percentage of net assets, from the latest SEC N-PORT filing.

C000114570 Performance

Total returns for C000114570 (as of 2026-10-01), from SEC filings.

C000114570 Risk Information

Risk metrics for C000114570, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 10.6%

C000114570 Costs and Fees

C000114570 costs about $91 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.91%
• Gross expense ratio: 2.17%
• Portfolio turnover: 108%
• Brokerage commissions: 5.09 bps of average net assets (SEC N-CEN)

C000114570 Cashflows

Over the 12 months to 2024-03, Lazard Global Dynamic Multi-Asset Portfolio had net outflows of $3.31M, from monthly SEC N-PORT filings.

C000114570 Debt Constituents

Largest debt holdings of Lazard Global Dynamic Multi-Asset Portfolio by percentage of net assets, from the latest SEC N-PORT filing.

C000114570 Prospectus and SEC Filings

Official Lazard Global Dynamic Multi-Asset Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2023-04-28
• Prospectus (485BPOS) — filed 2022-04-26
• Prospectus supplement (497) — filed 2022-04-29
• Portfolio holdings (N-PORT) — filed 2024-05-29
• Portfolio holdings (N-PORT) — filed 2024-02-26
• Portfolio holdings (N-PORT) — filed 2023-11-17
• Annual census (N-CEN) — filed 2024-03-05
• Annual census (N-CEN) — filed 2023-03-15

Related Funds

Other Global (incl. US) Large Cap Blend / Core Equity funds tracked on ABC INVEST:

• Capital World Growth & Income Fund (CWGIX)
• Vanguard Total World Stock Index Fund (VT)
• iShares MSCI ACWI ETF (ACWI)
• Old Westbury Large Cap Strategies Fund (OWLSX)
• iShares MSCI World ETF (URTH)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.