LZUOX

About LZUOX

Lazard US Equity Focus Portfolio Open Shares is a mutual fund designed to provide investors with exposure to a concentrated selection of U.S. equities. Its primary objective is to seek long-term capital appreciation, with an emphasis on investing at least 80% of its assets in the stocks of U.S. companies. While the portfolio generally targets large-cap firms, it retains flexibility to include mid- and small-cap stocks as market conditions warrant, and may allocate up to 20% to non-U.S. equities. The fund is categorized within the large blend segment, reflecting a mix of growth and value stocks across multiple economic sectors. It is relatively concentrated, typically holding around 31 securities, with more than half of its assets often allocated to its top ten positions. This focused approach aims to capture opportunities among companies deemed undervalued by the portfolio managers, although these investments may require time to realize potential value. With a semi-annual dividend payout and a history dating back to 2005, the portfolio serves investors seeking a concentrated, actively managed approach to U.S. equity markets, balancing capital preservation with appreciation objectives.