| Scorecard |
|---|
|
5 / 5 Stars
|
|
Lipper
4
1
5
2
1
|
|
Zacks Investment Research
---
|
|
Standard & Poor's
5 / 5 Stars
|
|
TheStreet.com
A+
(Buy)
|
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 27.38 percent over the past year, and 16.69 percent over the past three years.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 15.4% |
| 1 Year | 27.4% |
| 3 Years (Annualized) | 16.7% |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks primarily current income, with long-term capital appreciation as a secondary objective. The fund invests at least 80% of its assets in dividend-paying common and preferred stocks, convertible securities and fixed income securities 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 25% of its net assets in companies organized as master limited partnerships and their affiliates.
Fees
Fees are Above Average compared to funds in the same category.
Lazard U.S. Realty Income Portfolio has an expense ratio of 1.45 percent.
Risk
Risk is Low compared to funds in the same category according to Morningstar.
