Lazard US Equity Concentrated Instl (LEVIX) Fund Ranking and Research

Ranking, Research and Recommendation of Lazard US Equity Concentrated Instl (LEVIX) Fund

Last Trade: $15.49 on 9/22/2017, Change: +0.05 (0.32%)

Fund Manager - Martin H. Flood

Fund Manager Information

Fund Manager Tenure: 6.5 years
Similar Funds: LEVOX
Fund Family: Lazard
Fund Category: Large Blend
Fund Performance: May 30, 2016
Fundmojo Fund Grade: *Master* (Score: 0.86) (What does this score mean?)

Lazard US Equity Concentrated Instl Fund (LEVIX) Profile

Fund Profile and Description

Lazard US Equity Concentrated Instl Fund seeks long-term capital appreciation. Lazard US Equity Concentrated Instl Fund invests primarily in equities of large U.S. companies with market capitalization generally in the range of companies included in the Russell 1000 Value index. It normally invests at least 80% of assets in equities of U.S. companies. Lazard US Equity Concentrated Instl Fund may invest up to 10% of assets in non-U.S. equities that trade in U.S. markets. It may engage, to a limited extent, in various investment techniques, such as lending portfolio securities.

What we like about Lazard US Equity Concentrated Instl (LEVIX) Fund

Data for Lazard US Equity Concentrated Instl Fund (LEVIX) as of May 30, 2016

Lazard US Equity Concentrated Instl Fund (LEVIX) management has been with Lazard US Equity Concentrated Instl Fund for 6.5 years
Lazard US Equity Concentrated Instl Fund (LEVIX) has good short-term performance (1-year return 4.27% vs -1.15% Large Blend category median performance)
Lazard US Equity Concentrated Instl Fund (LEVIX) has good mid-term performance (3-year return 13.56% vs 9.43% Large Blend category median performance)
Lazard US Equity Concentrated Instl Fund (LEVIX) has good Long-term performance (5-year return 12.63% vs 10.15% Large Blend category median performance)
Lazard US Equity Concentrated Instl Fund (LEVIX) ratio of up-years vs down years is greater than 2
Lazard US Equity Concentrated Instl Fund (LEVIX) has a Morningstar rating of 4 and above
Asset base in Lazard US Equity Concentrated Instl Fund (LEVIX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
Lazard US Equity Concentrated Instl Fund (LEVIX) is less volatile than its peers as it has a 3-year Standard Deviation of 10.97, lower than category average of 11.67
Lazard US Equity Concentrated Instl Fund (LEVIX) has a lower expense ratio than its Large Blend average: 0.79% vs 1.02%
Lazard US Equity Concentrated Instl Fund (LEVIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

What we are cautious about Lazard US Equity Concentrated Instl (LEVIX) Fund

Data for Lazard US Equity Concentrated Instl Fund (LEVIX) as of May 30, 2016

Lazard US Equity Concentrated Instl Fund (LEVIX) has an annual stock turnover rate of 74.00% that is higher than the Large Blend average of 53.12%. This could mean Lazard US Equity Concentrated Instl is more nimble, but also signal potential high tax impact and high trading fees

See Lazard US Equity Concentrated Instl Fund (LEVIX) performance details as of May 30, 2016

What do you think?

Compare with other top Large Blend category mutual funds

Aadditional top Large Blend mutual funds for your consideration

Fund	Year to Date	1 Year	3 year	5 year
Lazard US Equity Concentrated Instl	2.60	4.27	13.56	12.63
Bright Rock Quality Large Cap Instl (BQLCX)	7.75	5.98	10.46	11.67	Compare
Fidelity Spartan Total Market Index F (FFSMX)	3.37	0.14	10.45	11.10	Compare
Voya Russell Large Cap Index Port S2 (IRLUX)	2.55	1.29	10.39	11.09	Compare

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Compare with Large Blend category ETFs

Some Large Blend ETFs for your consideration

ETF	Year to Date	One Year	Three Year
Guggenheim Russell Top 50 Mega Cap ETF (XLG)	3.23%	4.23%	10.80%
ProShares Large Cap Core Plus (CSM)	4.27%	2.27%	11.72%
iShares Russell Top 200 (IWL)	2.28%	1.75%	11.00%
Vanguard Mega Cap ETF (MGC)	3.22%	1.57%	10.85%
iShares Core S&P 500 (IVV)	3.54%	1.57%	10.97%

Lazard US Equity Concentrated Instl (LEVIX) Fund Net Asset

Track net asset change of Lazard US Equity Concentrated Instl fund (LEVIX)

Date	Net Asset
05/2016	$1.08B
03/2016	$1.01B
02/2016	$919.52M

More historic net asset information on Lazard US Equity Concentrated Instl Fund (LEVIX)

Lazard US Equity Concentrated Instl (LEVIX) Fund Portfolio Allocation

Track portfolio allocation change of Lazard US Equity Concentrated Instl fund (LEVIX)

Date	Cash	Stock	Bond	Other
03/2016	6.9%	93.1%	0%	0%
12/2015	7.79%	92.21%	0%	0%
09/2015	9.66%	90.34%	0%	0%

Click here to see more historic asset allocation information on Lazard US Equity Concentrated Instl Fund (LEVIX)

Top 10 Holdings in Lazard US Equity Concentrated Instl (LEVIX) Fund

Discover what Lazard US Equity Concentrated Instl Fund (LEVIX) manager is buying

Mar 30, 2016

Alphabet Inc. [8.4%]
Kellogg Company Common Stock [7.83%]
Zoetis Inc. Class A Common Stoc [7.71%]
Cisco Systems, Inc. [6.78%]
Copart, Inc. [6.56%]
Pfizer, Inc. Common Stock [5.64%]
Advance Auto Parts Inc Advance [5.46%]
Norwegian Cruise Line Holdings [4.96%]
Molson Coors Brewing Company Cl [4.95%]
Procter & Gamble Company (The) [4.93%]

Dec 30, 2015

Alphabet Inc. [9.85%]
Kellogg Company Common Stock [8.52%]
Zoetis Inc. Class A Common Stoc [7.03%]
Pfizer, Inc. Common Stock [6.14%]
Advance Auto Parts Inc Advance [6%]
Procter & Gamble Company (The) [5.14%]
Baxalta Incorporated Common Sto [5.06%]
Houghton Mifflin Harcourt Compa [4.85%]
Cisco Systems, Inc. [4.76%]
Norwegian Cruise Line Holdings [4.56%]

Sep 29, 2015

Advance Auto Parts Inc Advance [9.6%]
Alphabet Inc. [8.6%]
Zoetis Inc. Class A Common Stoc [8.13%]
Pfizer, Inc. Common Stock [6.37%]
Kellogg Company Common Stock [6.12%]
EMC Corporation Common Stock [5.53%]
Cisco Systems, Inc. [4.9%]
Apple Inc. [4.83%]
MSG Networks Inc. Common Stock [4.79%]
Houghton Mifflin Harcourt Compa [4.65%]

Click here for Stock Holding Change Map in Lazard US Equity Concentrated Instl Fund (LEVIX)

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Data is provided for informational purposes only, and is not intended for trading purposes. Although data are gathered from sources believed to be reliable, Fund Mojo and its content providers cannot guarantee completeness and accuracy. Performance data quoted represents past performance. Fund Mojo and its content providers accept no liability for reliance on this data.