LZCOX Performance — Lazard US Small Cap Equity Select Portfolio, Open Shares
Data updated: 2026-08-21
LZCOX returned +23.77% year to date and +35.99% over one year to Jun 2026. Annualised returns are +14.24% over 3 years and +5.92% over 5 years. Against its US Small Value category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $149, against $153 for the category, and to $136 over one year, against $131. Volatility over the past three years was 17.93% a year. In the 12 months to Jun 2026 the fund lost a net $4.5M, and assets reached $38.02M.
LZCOX Growth of $100
What $100 invested in Lazard US Small Cap Equity Select Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Value category average over the same months.
| Period | LZCOX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $136 | $131 |
| 3 years (Jul 2023 – Jun 2026) | $149 | $153 |
| 5 years (Jul 2021 – Jun 2026) | $133 | $149 |
| Since data start (Jul 2019 – Jun 2026) | $176 | $213 |
LZCOX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +23.77% |
| 1 year | +35.99% |
| 3 years (annualised) | +14.24% |
| 5 years (annualised) | +5.92% |
LZCOX Annual Returns
Calendar-year total returns of Lazard US Small Cap Equity Select Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +23.77% |
| 2025 | +2.26% |
| 2024 | +10.87% |
| 2023 | +9.82% |
| 2022 | −15.50% |
| 2021 | +19.61% |
| 2020 | +6.10% |
| 2019 (Jul–Dec) | +6.73% |
LZCOX 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 | +5.5% | +2.4% | −7.1% | +12.8% | +2.0% | +7.2% | — | — | — | — | — | — |
| 2025 | +5.5% | −6.8% | −8.1% | −3.1% | +1.8% | +4.5% | +1.2% | +4.9% | −0.3% | +1.0% | +2.3% | +0.4% |
| 2024 | −2.2% | +5.2% | +3.9% | −5.9% | +4.4% | −1.9% | +5.5% | +1.8% | +1.3% | −2.3% | +8.7% | −6.8% |
| 2023 | +7.9% | −2.4% | −3.5% | −2.1% | −3.2% | +7.3% | +4.9% | −3.9% | −4.5% | −5.2% | +7.1% | +8.6% |
| 2022 | −5.3% | +0.7% | −0.3% | −5.9% | −0.2% | −9.8% | +10.2% | −4.1% | −8.7% | +10.1% | +4.8% | −5.7% |
| 2021 | +1.2% | +7.3% | +3.3% | +4.9% | +0.1% | −0.8% | −1.8% | +1.6% | −2.9% | +4.5% | −4.5% | +5.8% |
| 2020 | −2.0% | −8.0% | −23.6% | +13.7% | +6.3% | −0.3% | +4.6% | +2.8% | −3.8% | +2.1% | +14.1% | +6.1% |
| 2019 | — | — | — | — | — | — | +0.8% | −2.8% | +3.7% | +2.1% | +0.9% | +1.9% |
LZCOX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 17.93%
- 3-year Sharpe ratio: 0.54 (vs 4.5% risk-free rate)
- Best month: +12.80% (Apr 2026)
- Worst month: −8.13% (Mar 2025)
LZCOX Fund Flows
Monthly money in and out of Lazard US Small Cap Equity Select Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$4.5M
- 12-month gross sales (incl. reinvestments): $2.5M
- Sales ÷ redemptions: 0.35×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $118K | $1.0M | −$886K |
| May 2026 | $10K | $666K | −$655K |
| Apr 2026 | $58K | $469K | −$411K |
| Mar 2026 | $219K | $344K | −$125K |
| Feb 2026 | $45K | $346K | −$302K |
| Jan 2026 | $30K | $460K | −$430K |
| Dec 2025 | $483K | $720K | −$237K |
| Nov 2025 | $10K | $133K | −$124K |
| Oct 2025 | $98K | $606K | −$508K |
| Sep 2025 | $30K | $417K | −$388K |
| Aug 2025 | $1.3M | $1.5M | −$167K |
| Jul 2025 | $44K | $302K | −$258K |
LZCOX Assets Under Management
Net assets of Lazard US Small Cap Equity Select Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $38.02M |
| 2026-03-31 | $32.49M |
| 2025-12-31 | $33.20M |
| 2025-09-30 | $33.24M |
| 2025-06-30 | $33.37M |
| 2025-03-31 | $33.43M |
| 2024-12-31 | $37.97M |
| 2024-09-30 | $40.85M |
| 2024-06-30 | $38.70M |
| 2024-03-31 | $41.34M |
| 2023-12-31 | $39.41M |
| 2023-09-30 | $37.34M |
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.