The Lazard Funds, Inc. - Lazard Global Fixed Income Portfolio

The Lazard Funds, Inc. - Lazard Global Fixed Income Portfolio

LZGOX
The Lazard Funds, Inc. - Lazard Global Fixed Income PortfolioUS flagNASDAQ
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
Sector
Financial Services
Industry
Asset Management - Income
Address
30 Rockefeller Plaza New York NY 10112
IPO Date
Mar 30, 2012
Business
Lazard Global Fixed Income Portfolio Open Shares (LZGOX) is an open-end mutual fund that seeks maximum total return through a combination of capital appreciation and current income by investing primarily in fixed income securities. The Portfolio, a series of The Lazard Funds, Inc., allocates at least 80% of its assets to Fixed Income Investments, with significant exposure to issuers organized or located outside the United States or conducting a substantial portion of business abroad; it employs a relative value approach driven by macroeconomic views on global interest rates and credit markets, including sovereign bonds, corporate debt, and other debt instruments across developed and emerging markets. Managed by Lazard Asset Management LLC, a division of Lazard Inc. founded in 1848 and headquartered at 30 Rockefeller Plaza in New York, the fund targets institutional and individual investors seeking diversified global fixed income exposure with a focus on non-U.S. issuers. The Portfolio operates within the broader asset management segment of Lazard, which oversees approximately $226 billion in assets under management globally and maintains offices across North America, Europe, Asia, Australia, and the Middle East. Launched in the U.S. in 2012, LZGOX complements Lazard Asset Management's fixed income platform, which includes strategies such as emerging markets debt and U.S. high yield portfolios. Recent strategic developments at Lazard Asset Management include the April 2024 formation of a partnership with Elaia Partners to bolster European technology investments from seed stage through public listings, following exclusive negotiations announced in December 2023; additionally, in May 2024, its Sustainable Private Infrastructure strategy acquired Collective Energy GmbH to expand sustainable investment capabilities. These initiatives reflect Lazard's ongoing expansion in alternative assets and strategic alliances amid a dynamic global economic landscape.