LZISX Performance — Lazard Global Small Cap Equity Portfolio, Institutional Shares
Data updated: 2026-08-21
LZISX returned +30.04% year to date and +40.07% over one year to Jun 2026. Annualised returns are +21.36% over 3 years and +6.93% over 5 years. The fund beat its International Small Value category average: $100 invested three years ago grew to $179, against $164 for the category, and to $140 over one year, against $122. Volatility over the past three years was 17.56% a year. In the 12 months to Jun 2026 the fund took in a net $4.1M, and assets reached $21.03M.
LZISX Growth of $100
What $100 invested in Lazard Global Small Cap Equity Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Small Value category average over the same months.
| Period | LZISX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $140 | $122 |
| 3 years (Jul 2023 – Jun 2026) | $179 | $164 |
| 5 years (Jul 2021 – Jun 2026) | $140 | $159 |
| Since data start (Jul 2019 – Jun 2026) | $196 | $212 |
LZISX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +30.04% |
| 1 year | +40.07% |
| 3 years (annualised) | +21.36% |
| 5 years (annualised) | +6.93% |
LZISX Annual Returns
Calendar-year total returns of Lazard Global Small Cap Equity Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +30.04% |
| 2025 | +35.94% |
| 2024 | −3.71% |
| 2023 | +11.56% |
| 2022 | −26.33% |
| 2021 | +11.83% |
| 2020 | +13.43% |
| 2019 (Jul–Dec) | +10.29% |
LZISX 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 | +8.7% | +3.6% | −6.6% | +16.2% | +4.4% | +1.8% | — | — | — | — | — | — |
| 2025 | +4.7% | −0.7% | +0.7% | +6.3% | +8.8% | +4.3% | +0.4% | +5.0% | −0.4% | +0.8% | +0.2% | +1.6% |
| 2024 | −2.9% | −0.9% | +2.5% | −3.7% | +3.9% | −1.5% | +6.9% | +3.2% | +0.3% | −8.2% | −0.7% | −1.8% |
| 2023 | +8.7% | −2.3% | +1.0% | +1.2% | −3.2% | +1.1% | +2.3% | −2.7% | −5.8% | −5.2% | +10.2% | +7.2% |
| 2022 | −6.8% | −3.9% | −1.0% | −6.4% | −0.5% | −12.9% | +6.7% | −7.7% | −10.1% | +4.9% | +12.7% | −2.1% |
| 2021 | −0.1% | +2.2% | +1.2% | +6.5% | +2.5% | −0.8% | +1.5% | +4.0% | −3.7% | +1.6% | −5.6% | +2.5% |
| 2020 | −2.7% | −8.5% | −17.3% | +10.5% | +7.3% | +3.7% | +3.2% | +4.9% | −0.9% | −2.7% | +12.4% | +7.0% |
| 2019 | — | — | — | — | — | — | −2.3% | −2.0% | +2.5% | +4.2% | +3.2% | +4.5% |
LZISX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 17.56%
- 3-year Sharpe ratio: 0.96 (vs 4.5% risk-free rate)
- Best month: +16.25% (Apr 2026)
- Worst month: −8.19% (Oct 2024)
LZISX Fund Flows
Monthly money in and out of Lazard Global Small Cap Equity Portfolio, from SEC Form N-PORT.
- 12-month net flow: $4.1M
- 12-month gross sales (incl. reinvestments): $8.8M
- Sales ÷ redemptions: 1.87×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $3.6M | $290K | $3.3M |
| May 2026 | $1.2M | $195K | $1.0M |
| Apr 2026 | $172K | $209K | −$36K |
| Mar 2026 | $335K | $589K | −$254K |
| Feb 2026 | $165K | $172K | −$8K |
| Jan 2026 | $375K | $211K | $164K |
| Dec 2025 | $280K | $255K | $25K |
| Nov 2025 | $1.8M | $1.9M | −$74K |
| Oct 2025 | $161K | $535K | −$375K |
| Sep 2025 | $256K | $69K | $187K |
| Aug 2025 | $192K | $101K | $91K |
| Jul 2025 | $166K | $141K | $25K |
LZISX Assets Under Management
Net assets of Lazard Global Small Cap Equity Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $21.03M |
| 2026-03-31 | $13.44M |
| 2025-12-31 | $12.88M |
| 2025-09-30 | $13.13M |
| 2025-06-30 | $12.30M |
| 2025-03-31 | $9.03M |
| 2024-12-31 | $9.05M |
| 2024-09-30 | $10.77M |
| 2024-06-30 | $10.69M |
| 2024-03-31 | $11.65M |
| 2023-12-31 | $12.06M |
| 2023-09-30 | $11.39M |
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.