Lazard Managed Equity Volatility Portfolio
Data updated: 2024-08-20
C000156258 — Lazard Managed Equity Volatility Portfolio. Holdings, fees, performance and SEC filings.
C000156258 Fund Overview
Lazard Managed Equity Volatility Portfolio is a US mutual fund managed by Lazard Funds INC, categorised as Global (incl. US) Multi-Cap / All-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) Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $15.39M
- 1-year return: 8.7%
- SEC CIK: 0000874964
- SEC series ID: S000049416
- Share class ID: C000156258
C000156258 Investment Objective and Strategy
Lazard Managed Equity Volatility 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 long-term capital appreciation.
Principal investment strategy
The Portfolio invests primarily in equity securities, principally common stocks, of US and non-US companies. In managing the Portfolio, the Investment Manager utilizes a quantitatively driven, bottom up stock selection process. A principal component of the Investment Managers investment process for the Portfolio is volatility management. Volatility, a risk measurement, measures the magnitude of fluctuations in the value of a financial instrument or index over time. The Investment Manager seeks to generate attractive risk-adjusted returns while lowering portfolio volatility by using a benchmark-unaware stock selection strategy driven by fundamental inputs that is intended to identify high quality companies with sustainable operating performance. The Investment Manager performs an independent assessment of stock risk and also seeks to manage risk through diversification.
The Portfolio management team selects investments for the Portfolio from a broad investment universe of stocks and depositary receipts, including ADRs, GDRs and EDRs, REITs, warrants and rights. The active, quantitative approach utilized by the Portfolio management team involves initial screening, risk assessment and evaluation of each company relative to its global peers. The Portfolio will typically focus on securities of developed market companies, using an objective, systematic investment process that blends both risk and stock ranking assessments designed to capture attractive risk-to-return characteristics and create a low volatility portfolio. In addition to a multidimensional assessment of risk, each company is evaluated daily according to four independent measures: growth, value, sentiment and quality.
The Portfolio may invest across the capitalization spectrum. Under normal circumstances, the Portfolio invests at least 80% of its assets in equity securities. The Portfolio may invest in ETFs and similar products, which generally pursue a passive index-based strategy.
C000156258 Holdings
Top 10 holdings of Lazard Managed Equity Volatility Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fixed Income Clearing Corp. | 2.73% |
| Roche Holding AG | 1.78% |
| Colgate-Palmolive Co | 1.64% |
| Japan Post Holdings Co Ltd | 1.56% |
| Kimberly-Clark Corp | 1.52% |
| Procter & Gamble Co/The | 1.47% |
| Xcel Energy Inc | 1.46% |
| Walmart Inc | 1.45% |
| PepsiCo Inc | 1.45% |
| Gilead Sciences Inc | 1.36% |
C000156258 Portfolio Allocation
Asset-class allocation of Lazard Managed Equity Volatility Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.9% |
| Cash & Equivalents | 2.9% |
C000156258 Performance
Total returns for C000156258 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 8.7% |
| 3 years (annualised) | 4.5% |
| 5 years (annualised) | 4.7% |
C000156258 Risk Information
Risk metrics for C000156258, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.1%
C000156258 Costs and Fees
C000156258 costs about $75 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.75%
- Gross expense ratio: 1.37%
- Portfolio turnover: 83%
- Brokerage commissions: 10.37 bps of average net assets (SEC N-CEN)
C000156258 Cashflows
Over the 12 months to 2024-06, Lazard Managed Equity Volatility Portfolio had net outflows of $3.94M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-06 | −$1.02M |
| 2024-05 | −$1.05M |
| 2024-04 | −$134.59K |
| 2024-03 | −$217.55K |
| 2024-02 | −$31.68K |
| 2024-01 | −$964.03K |
C000156258 Debt Constituents
No individual debt constituents are reported in Lazard Managed Equity Volatility Portfolio's latest SEC N-PORT filing.
C000156258 Prospectus and SEC Filings
Official Lazard Managed Equity Volatility Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-04-26
- Prospectus (485BPOS) — filed 2023-04-28
- Prospectus supplement (497) — filed 2024-05-03
- Portfolio holdings (N-PORT) — filed 2024-08-20
- Portfolio holdings (N-PORT) — filed 2024-05-29
- Portfolio holdings (N-PORT) — filed 2024-02-26
- Annual census (N-CEN) — filed 2024-03-05
- Annual census (N-CEN) — filed 2023-03-15
Related Funds
Other Global (incl. US) Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:
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.