SUSTX

About SUSTX

Lazard US Sustainable Equity Portfolio Institutional Shares is an open-end mutual fund focused on sustainable investing in the United States. Managed by Lazard Asset Management, its primary purpose is to seek long-term capital appreciation by investing at least 80% of its assets in equity securities of U.S. companies recognized for their socially conscious business practices and direct promotion of environmental responsibility. The fund employs fundamental analysis and proprietary research to build a diversified portfolio that blends growth and value stocks across various market capitalizations and sectors. Notably, it excludes companies involved in tobacco production, certain fossil fuels, and unconventional weapons, aligning with defined sustainability criteria. The portfolio typically features a concentrated number of holdings and benchmarks its performance against the S&P 500 Index. Lazard US Sustainable Equity Portfolio plays a distinct role within the financial marketplace by catering to investors who prioritize both financial returns and adherence to environmental, social, and governance (ESG) principles. As of May 2025, the fund’s board has approved its liquidation, with assets expected to be distributed to shareholders by late July 2025.