LZFIX Performance — Lazard Equity Franchise Portfolio, Institutional Shares
Data updated: 2026-08-21
LZFIX returned −6.67% year to date and −16.50% over one year to Jun 2026. Annualised returns are −0.57% over 3 years and +2.13% over 5 years. The fund trailed its Global Mid-Cap Growth category average: $100 invested three years ago grew to $98, against $147 for the category, and to $83 over one year, against $119. Volatility over the past three years was 14.33% a year. In the 12 months to Jun 2026 the fund took in a net $3.2M, and assets reached $36.63M.
LZFIX Growth of $100
What $100 invested in Lazard Equity Franchise Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Mid-Cap Growth category average over the same months.
| Period | LZFIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $83 | $119 |
| 3 years (Jul 2023 – Jun 2026) | $98 | $147 |
| 5 years (Jul 2021 – Jun 2026) | $111 | $126 |
| Since data start (Jul 2019 – Jun 2026) | $142 | $193 |
LZFIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −6.67% |
| 1 year | −16.50% |
| 3 years (annualised) | −0.57% |
| 5 years (annualised) | +2.13% |
LZFIX Annual Returns
Calendar-year total returns of Lazard Equity Franchise Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −6.67% |
| 2025 | +4.06% |
| 2024 | −3.15% |
| 2023 | +18.71% |
| 2022 | −5.20% |
| 2021 | +22.77% |
| 2020 | +1.14% |
| 2019 (Jul–Dec) | +7.81% |
LZFIX 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 | −1.8% | +1.3% | −7.5% | +4.8% | −1.0% | −2.2% | — | — | — | — | — | — |
| 2025 | +4.0% | +2.4% | +0.4% | +2.6% | +3.6% | +2.3% | −5.7% | +4.2% | −2.5% | −3.9% | −4.6% | +1.9% |
| 2024 | −1.8% | +2.0% | +1.0% | −5.4% | +1.8% | −1.9% | +7.8% | +2.9% | +1.9% | −4.8% | +0.8% | −6.6% |
| 2023 | +9.7% | −2.1% | +0.6% | +3.2% | −4.2% | +6.3% | +2.2% | −2.4% | −4.7% | −5.2% | +9.2% | +6.2% |
| 2022 | −1.5% | +2.0% | +4.4% | −4.6% | +2.3% | −9.4% | +3.8% | −3.3% | −10.2% | +9.2% | +7.6% | −3.5% |
| 2021 | −0.3% | +2.0% | +6.4% | +4.5% | +5.7% | −2.2% | −0.2% | +0.9% | −2.0% | +1.7% | −2.7% | +7.5% |
| 2020 | −3.7% | −10.9% | −22.2% | +13.4% | +4.3% | +0.2% | +4.5% | +2.1% | −1.6% | −0.9% | +18.1% | +4.3% |
| 2019 | — | — | — | — | — | — | 0.0% | −4.6% | +6.3% | +2.0% | +2.1% | +2.1% |
LZFIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 14.33%
- 3-year Sharpe ratio: -0.35 (vs 4.5% risk-free rate)
- Best month: +9.16% (Nov 2023)
- Worst month: −7.54% (Mar 2026)
LZFIX Fund Flows
Monthly money in and out of Lazard Equity Franchise Portfolio, from SEC Form N-PORT.
- 12-month net flow: $3.2M
- 12-month gross sales (incl. reinvestments): $16.1M
- Sales ÷ redemptions: 1.25×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $8K | $200K | −$191K |
| May 2026 | $20K | $168K | −$148K |
| Apr 2026 | $5K | $663K | −$658K |
| Mar 2026 | $810K | $2.0M | −$1.2M |
| Feb 2026 | $4.0M | $160K | $3.9M |
| Jan 2026 | $28K | $180K | −$152K |
| Dec 2025 | $7.2M | $8.1M | −$820K |
| Nov 2025 | $20K | $660K | −$640K |
| Oct 2025 | $72K | $113K | −$41K |
| Sep 2025 | $254K | $206K | $48K |
| Aug 2025 | $3.6M | $191K | $3.4M |
| Jul 2025 | $54K | $335K | −$280K |
LZFIX Assets Under Management
Net assets of Lazard Equity Franchise Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $36.63M |
| 2026-03-31 | $37.01M |
| 2025-12-31 | $37.49M |
| 2025-09-30 | $46.53M |
| 2025-06-30 | $47.90M |
| 2025-03-31 | $149.21M |
| 2024-12-31 | $173.27M |
| 2024-09-30 | $196.04M |
| 2024-06-30 | $174.29M |
| 2024-03-31 | $183.35M |
| 2023-12-31 | $118.85M |
| 2023-09-30 | $108.10M |
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.