Lazard US Realty Income Portfolio

Scorecard
5 / 5 Stars
Lipper
4 2 5 2 1
Zacks Investment Research
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Standard & Poor's
2 / 5 Stars
TheStreet.com
E (Sell)

U.S. News evaluated 72 Real Estate Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 1.81 percent over the past year, 9.40 percent over the past three years, and 30.30 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 8.3%
1 Year 1.8%
3 Years (Annualized) 9.4%
5 Years (Annualized) 30.3%
10 Years (Annualized) N/A

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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 US Realty Companies, as well as certain synthetic instruments related to US 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 US Realty Income Portfolio has an expense ratio of 1.45 percent.

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Risk

Risk is Low compared to funds in the same category according to Morningstar.

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