UMNOX Performance — Lazard US Short Duration Fixed Income Portfolio, Open Shares
Data updated: 2026-05-28
UMNOX returned +0.27% year to date and +3.25% over one year to Mar 2026. Annualised returns are +3.82% over 3 years and +1.85% over 5 years. The fund trailed its Short-Term Government Bond category average: $100 invested three years ago grew to $112, against $114 for the category, and to $103 over one year, against $104. Volatility over the past three years was 1.69% a year. In the 12 months to Mar 2026 the fund took in a net $3.0M, and assets reached $33.77M.
UMNOX Growth of $100
What $100 invested in Lazard US Short Duration Fixed Income Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Government Bond category average over the same months.
| Period | UMNOX | Category average |
|---|---|---|
| 1 year (Apr 2025 – Mar 2026) | $103 | $104 |
| 3 years (Apr 2023 – Mar 2026) | $112 | $114 |
| 5 years (Apr 2021 – Mar 2026) | $110 | $111 |
| Since data start (Jul 2019 – Mar 2026) | $113 | $117 |
UMNOX Trailing Returns
Total returns to Mar 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.27% |
| 1 year | +3.25% |
| 3 years (annualised) | +3.82% |
| 5 years (annualised) | +1.85% |
UMNOX Annual Returns
Calendar-year total returns of Lazard US Short Duration Fixed Income Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Mar) | +0.27% |
| 2025 | +4.52% |
| 2024 | +3.95% |
| 2023 | +3.98% |
| 2022 | −2.89% |
| 2021 | −0.50% |
| 2020 | +2.21% |
| 2019 (Jul–Dec) | +0.98% |
UMNOX 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 | +0.2% | +0.6% | −0.5% | — | — | — | — | — | — | — | — | — |
| 2025 | +0.5% | +0.7% | +0.3% | +0.7% | 0.0% | +0.6% | −0.4% | +0.8% | +0.3% | +0.4% | +0.4% | +0.3% |
| 2024 | +0.4% | −0.4% | +0.3% | −0.3% | +0.7% | +0.5% | +1.4% | +0.8% | +0.8% | −0.8% | +0.4% | +0.1% |
| 2023 | +0.4% | −0.2% | +1.1% | +0.3% | −0.3% | −0.3% | +0.3% | +0.3% | 0.0% | +0.2% | +1.2% | +1.1% |
| 2022 | −0.4% | −0.2% | −1.1% | −0.5% | +0.5% | −0.6% | +0.2% | −0.5% | −0.8% | −0.1% | +0.5% | +0.2% |
| 2021 | 0.0% | −0.1% | −0.1% | 0.0% | 0.0% | −0.1% | 0.0% | 0.0% | −0.1% | −0.1% | 0.0% | −0.1% |
| 2020 | +0.3% | +0.6% | +0.7% | +0.4% | +0.1% | +0.1% | +0.1% | 0.0% | 0.0% | −0.1% | 0.0% | −0.1% |
| 2019 | — | — | — | — | — | — | +0.1% | +0.4% | +0.2% | +0.2% | 0.0% | +0.1% |
UMNOX Risk
Risk measures from monthly returns over Apr 2023 – Mar 2026.
- 3-year volatility (annualised): 1.69%
- 3-year Sharpe ratio: -0.40 (vs 4.5% risk-free rate)
- Best month: +1.37% (Jul 2024)
- Worst month: −0.76% (Oct 2024)
UMNOX Fund Flows
Monthly money in and out of Lazard US Short Duration Fixed Income Portfolio, from SEC Form N-PORT.
- 12-month net flow: $3.0M
- 12-month gross sales (incl. reinvestments): $4.7M
- Sales ÷ redemptions: 2.80×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2026 | $1.3M | $65K | $1.2M |
| Feb 2026 | $165K | $75K | $90K |
| Jan 2026 | $120K | $109K | $11K |
| Dec 2025 | $96K | $54K | $42K |
| Nov 2025 | $93K | $54K | $39K |
| Oct 2025 | $1.3M | $235K | $1.0M |
| Sep 2025 | $197K | $71K | $126K |
| Aug 2025 | $96K | $82K | $14K |
| Jul 2025 | $125K | $172K | −$47K |
| Jun 2025 | $101K | $546K | −$444K |
| May 2025 | $599K | $78K | $521K |
| Apr 2025 | $576K | $147K | $429K |
UMNOX Assets Under Management
Net assets of Lazard US Short Duration Fixed Income Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-03-31 | $33.77M |
| 2025-12-31 | $32.60M |
| 2025-09-30 | $31.45M |
| 2025-06-30 | $31.41M |
| 2025-03-31 | $30.78M |
| 2024-12-31 | $33.24M |
| 2024-09-30 | $33.45M |
| 2024-06-30 | $32.43M |
| 2024-03-31 | $34.24M |
| 2023-12-31 | $30.30M |
| 2023-09-30 | $31.62M |
| 2023-06-30 | $35.32M |
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.