LEOIX Performance — Lazard Enhanced Opportunities Portfolio, Institutional Shares
Data updated: 2026-08-21
LEOIX returned +4.67% year to date and +10.21% over one year to Jun 2026. Annualised returns are +9.41% over 3 years and +5.54% over 5 years. Against its Alternative category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $131, against $170 for the category, and to $110 over one year, against $110. Volatility over the past three years was 2.65% a year. In the 12 months to Jun 2026 the fund took in a net $15.9M, and assets reached $78.19M.
LEOIX Growth of $100
What $100 invested in Lazard Enhanced Opportunities Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | LEOIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $110 | $110 |
| 3 years (Jul 2023 – Jun 2026) | $131 | $170 |
| 5 years (Jul 2021 – Jun 2026) | $131 | $159 |
| Since data start (Jul 2019 – Jun 2026) | $152 | $190 |
LEOIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.67% |
| 1 year | +10.21% |
| 3 years (annualised) | +9.41% |
| 5 years (annualised) | +5.54% |
LEOIX Annual Returns
Calendar-year total returns of Lazard Enhanced Opportunities Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +4.67% |
| 2025 | +10.82% |
| 2024 | +10.82% |
| 2023 | +7.03% |
| 2022 | −7.38% |
| 2021 | +7.06% |
| 2020 | +10.14% |
| 2019 (Jul–Dec) | +1.46% |
LEOIX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.4% | +0.2% | +0.2% | +0.9% | +0.9% | +0.9% | — | — | — | — | — | — |
| 2025 | +1.1% | +1.6% | +1.8% | +0.4% | +0.2% | 0.0% | +0.7% | +0.9% | +1.0% | +1.4% | +0.1% | +1.1% |
| 2024 | +0.6% | +1.6% | +1.1% | +0.1% | +1.2% | +0.7% | +1.2% | +1.0% | +1.3% | +0.4% | +0.8% | +0.4% |
| 2023 | +3.5% | +0.8% | −1.9% | +0.6% | +1.0% | +1.0% | +1.2% | +0.4% | +0.4% | −2.7% | +0.9% | +1.8% |
| 2022 | −0.2% | −0.3% | −0.4% | −1.0% | −3.3% | −2.7% | +0.2% | +2.3% | −3.4% | −0.1% | −0.1% | +1.5% |
| 2021 | +1.9% | +2.6% | −1.1% | +0.3% | +0.1% | +0.3% | +1.2% | +0.6% | +0.8% | +0.2% | −0.4% | +0.4% |
| 2020 | +0.6% | −0.1% | −7.5% | +1.8% | +1.0% | +2.1% | +2.8% | +2.9% | +0.2% | +0.9% | +3.2% | +2.4% |
| 2019 | — | — | — | — | — | — | +0.8% | 0.0% | +0.1% | −0.3% | +0.2% | +0.7% |
LEOIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 2.65%
- 3-year Sharpe ratio: 1.85 (vs 4.5% risk-free rate)
- Best month: +1.82% (Mar 2025)
- Worst month: −2.66% (Oct 2023)
LEOIX Fund Flows
Monthly money in and out of Lazard Enhanced Opportunities Portfolio, from SEC Form N-PORT.
- 12-month net flow: $15.9M
- 12-month gross sales (incl. reinvestments): $47.4M
- Sales ÷ redemptions: 1.51×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $7.0M | $5.7M | $1.3M |
| May 2026 | $5.5M | $254K | $5.2M |
| Apr 2026 | $3.9M | $5.2M | −$1.3M |
| Mar 2026 | $3.7M | $3.0M | $666K |
| Feb 2026 | $2.1M | $1.9M | $202K |
| Jan 2026 | $9.2M | $512K | $8.6M |
| Dec 2025 | $4.9M | $3.7M | $1.2M |
| Nov 2025 | $815K | $4.1M | −$3.3M |
| Oct 2025 | $5.3M | $669K | $4.6M |
| Sep 2025 | $3.9M | $4.1M | −$232K |
| Aug 2025 | $864K | $795K | $69K |
| Jul 2025 | $304K | $1.5M | −$1.2M |
LEOIX Assets Under Management
Net assets of Lazard Enhanced Opportunities Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $78.19M |
| 2026-03-31 | $70.96M |
| 2025-12-31 | $60.29M |
| 2025-09-30 | $56.17M |
| 2025-06-30 | $56.53M |
| 2025-03-31 | $47.13M |
| 2024-12-31 | $41.78M |
| 2024-09-30 | $40.37M |
| 2024-06-30 | $39.27M |
| 2024-03-31 | $38.07M |
| 2023-12-31 | $37.46M |
| 2023-09-30 | $38.69M |
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.