RLGLX — Lazard Global Listed Infrastructure Portfolio

RLGLX Fund Overview

RLGLX — Lazard Global Listed Infrastructure Portfolio is a US mutual fund managed by Lazard Funds INC, categorised as Developed ex-US Multi-Cap / All-Cap Value Industrials 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: Developed ex-US Multi-Cap / All-Cap Value Industrials Equity
• Assets under management: $12.44B
• Ticker: RLGLX
• SEC CIK: 0000874964
• SEC series ID: S000027245
• Share class ID: C000134196

RLGLX Investment Objective and Strategy

Lazard Global Listed Infrastructure 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 total return.

Principal investment strategy

Under normal circumstances, the Portfolio invests at least 80% of its assets in equity securities of Infrastructure Companies with securities listed on a national or other recognized securities exchange. Infrastructure Companies derive at least 50% of their revenues from, or have at least 50% of their assets committed to, the generation, production, transmission, sale or distribution of energy or natural resources used to produce energy; distribution, purification and treatment of water; provision of communications services and media; management, ownership and/or operation of infrastructure assets or construction, development or financing of infrastructure assets, such as pipelines, toll roads, airports, railroads or ports. The Portfolio invests primarily in equity securities, principally common stocks, of infrastructure companies and concentrates its investments in industries represented by infrastructure companies.

Lazard Asset Management LLC (the Investment Manager) focuses on companies with a minimum market capitalization of $250 million that own physical infrastructure and which the Investment Manager believes are undervalued. Under normal market conditions, the Portfolio invests significantly (at least 40%unless market conditions are not deemed favorable by the Investment Manager, in which case the Portfolio would invest at least 30%) in infrastructure companies organized or located outside the U.S. or doing a substantial amount of business outside the U.S. The Investment Manager allocates the Portfolios assets among various regions and countries, including the United States (but in no less than three different countries). The Portfolio may invest in equity securities of companies with some business activities located in emerging market countries.

The Investment Manager may enter into foreign currency forward contracts to hedge some or all foreign currency exposure in the Portfolio against movements relative to the U.S. dollar and generally not for the purpose of generating investment returns. However, the Investment Manager may determine not to hedge some or all of the Portfolios foreign currency exposure from time-to-time or at any time. As part of its investment strategy, the Portfolio may use repurchase agreements or money market mutual funds to maximize the value of its assets held in cash. Although the Portfolio is classified as diversified under the Investment Company Act of 1940, as amended, it may invest in a smaller number of issuers than other, more diversified investment portfolios.

RLGLX Holdings

Top 10 holdings of Lazard Global Listed Infrastructure Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all RLGLX holdings

RLGLX Portfolio Allocation

Asset-class allocation of Lazard Global Listed Infrastructure Portfolio by percentage of net assets, from the latest SEC N-PORT filing.

RLGLX Performance

Total returns for RLGLX (as of 2026-10-01), from SEC filings.

RLGLX Risk Information

Risk metrics for RLGLX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 13.4%

RLGLX Costs and Fees

RLGLX costs about $96 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.96%
• Gross expense ratio: 0.96%
• Portfolio turnover: 43%
• Brokerage commissions: 6.00 bps of average net assets (SEC N-CEN)

RLGLX Cashflows

Over the 12 months to 2026-06, Lazard Global Listed Infrastructure Portfolio had net inflows of $1.46B, from monthly SEC N-PORT filings.

RLGLX Debt Constituents

No individual debt constituents are reported in Lazard Global Listed Infrastructure Portfolio's latest SEC N-PORT filing.

RLGLX Prospectus and SEC Filings

Official Lazard Global Listed Infrastructure Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-04-23
• Prospectus (485BPOS) — filed 2025-04-28
• Prospectus supplement (497) — filed 2024-05-03
• Portfolio holdings (N-PORT) — filed 2026-08-21
• Portfolio holdings (N-PORT) — filed 2026-05-28
• Portfolio holdings (N-PORT) — filed 2026-03-02
• Annual census (N-CEN) — filed 2026-03-13
• Annual census (N-CEN) — filed 2025-03-13

Related Funds

Related funds tracked on ABC INVEST:

• Lazard Emerging Markets Equity Portfolio (LZOEX)
• Lazard International Strategic Equity Portfolio (LISOX)
• Lazard International Equity Portfolio (LZIOX)
• Lazard Emerging Markets Equity Advantage Portfolio (LEAIX)
• Lazard International Compounders Portfolio (OCMPX)

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.