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Morningstar

Lazard US High Yield Portfolio Open LZHOX

Morningstar Medalist Rating
Medalist Rating as of | See Lazard Investment Hub
  • NAV / 1-Day Return 17.64  /  −0.04 %
  • Total Assets 166.7 Mil
  • Adj. Expense Ratio
    0.840%
  • Expense Ratio 0.840%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 4.18%
  • Effective Duration 3.48 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 PM GMT+0

Morningstar’s Analysis LZHOX

Will LZHOX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LZHOX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LZHOX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LZHOX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Lazard US High Yield Portfolio Open's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings LZHOX

More LZHOX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

iShares iBoxx $ High Yield Corp Bd ETF

1.80 3.0 Mil
—

Bombardier Inc. 8.75%

1.43 2.4 Mil
Corporate

Outfront Media Capital LLC / Outfront Media Capital Corp 5%

1.32 2.2 Mil
Corporate

State Street Instl Treasury MMkt Instl

1.32 2.2 Mil
Cash and Equivalents

Transocean Inc. 8.75%

1.29 2.2 Mil
Corporate

Civitas Resources Inc 8.75%

1.28 2.1 Mil
Corporate

1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 3.875%

1.18 2.0 Mil
Corporate

Herc Holdings Inc 5.5%

1.17 2.0 Mil
Corporate

Western Digital Corp. 4.75%

1.17 2.0 Mil
Corporate

Clean Harbors, Inc. 4.875%

1.16 1.9 Mil
Corporate