Lazard Managed Equity Volatility Portfolio Open Shares
MEVOX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 30 Rockefeller Plaza New York NY United States of America 10112
- IPO Date
- May 29, 2015
- CIK
- 0000874964
- Similar Companies
- Business
- Lazard Managed Equity Volatility Portfolio Open Shares (MEVOX) is an open-end mutual fund managed by Lazard Asset Management LLC that seeks long-term capital appreciation through a proprietary, systematic investment process focused on low-volatility equity securities with attractive fundamentals. The Portfolio invests at least 80% of its assets in equity securities, principally common stocks, of U.S. and non-U.S. companies across various market capitalizations; it emphasizes stocks exhibiting lower volatility characteristics while targeting financially productive companies measured by metrics such as return on equity, return on assets, cash return on equity, and operating margins. As part of Lazard's broader lineup of equity strategies, including institutional (MEVIX), open (MEVOX), and R6 (RMEVX) share classes, the fund provides diversified exposure to global equities with a risk-managed approach designed for capital appreciation and total risk mitigation. Lazard Asset Management, the fund's investment manager and a division of Lazard Inc. founded in 1848 with asset management operations established in 1970, is headquartered at 30 Rockefeller Plaza in New York and operates globally across North America, Europe, Asia, Australia, and other regions. The firm oversees approximately $248 billion in assets under management as of recent reports, serving institutional and individual investors through a range of traditional and alternative strategies in equities, fixed income, and multi-asset classes. MEVOX, part of The Lazard Funds, Inc., targets investors seeking stable equity returns with lower volatility compared to broad market indices. Recent developments at Lazard Asset Management include the launch of its first three actively managed ETFs in the U.S. on April 7, 2025, expanding access to specialized strategies; the conversion of the Lazard Emerging Markets Core Equity Portfolio into the Lazard Emerging Markets Opportunities Fund ETF (NYSE: EMKT) on October 27, 2025; and a strategic partnership with Elaia Partners announced in April 2024 to form Lazard Elaia Capital for technology investments across Europe. Additional changes encompass the appointment of Chris Hogbin as CEO of Lazard Asset Management effective December 2025, leadership transitions at Lazard Inc. with Peter R. Orszag becoming Chairman in early 2025, and launches of new funds such as the US Small Cap Equity UCITS Fund in May 2024 and a Global Listed Infrastructure Active ETF in Australia in June 2024. These initiatives reflect Lazard's ongoing expansion into ETFs, alternative vehicles, and growth-oriented alliances while maintaining its core equity strategies like MEVOX amid a net asset value of approximately $15.4 million.