The Lazard Funds, Inc. - Lazard Emerging Markets Debt Portfolio (LEDOX)
The Lazard Funds, Inc. - Lazard Emerging Markets Debt Portfolio operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $11.83, up 0.00% on the session, giving a market capitalisation of $7.5M. Its beta of 1.45 implies it has historically moved more than the broad market.
This fund primarily allocates capital to debt instruments that are issued or guaranteed by sovereign governments, state-backed agencies, supranational organizations, corporations, or other private sector entities. A minimum of 80% of its assets are committed to fixed-income securities with economic links to developing nations. For the purpose of this portfolio, emerging market countries encompass all nations not represented by the MSCI World Index. The fund employs a non-diversified investment approach.
The Lazard Funds, Inc. - Lazard Emerging Markets Debt Portfolio is most often compared with the following Financial Services names: