| Scorecard |
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4 / 5 Stars
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Lipper
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Zacks Investment Research
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Standard & Poor's
2 / 5 Stars
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TheStreet.com
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U.S. News evaluated 73 Real Estate Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 17.40 percent over the past year, and 18.17 percent over the past three years.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 11.8% |
| 1 Year | 17.4% |
| 3 Years (Annualized) | 18.2% |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks primarily long-term capital appreciation, with current income, including interest and dividends from portfolio securities, as a secondary objective. The fund invests at least 80% of its assets in equity securities (including common, convertible and preferred stocks) of U.S. Realty Companies, as well as certain synthetic instruments related to U.S. Realty Companies. It may invest in issuers of any market capitalization and securities of any maturity. The fund also may invest up to 20% of its assets in equity and fixed income securities and instruments of companies or entities. It is non-diversified.
Fees
Fees are Above Average compared to funds in the same category.
Lazard U.S. Realty Equity Portfolio has an expense ratio of 1.20 percent.
Risk
Risk is High compared to funds in the same category according to Morningstar.
