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Terra Firma US Concentrated Realty Equity Fund (TFREX)

Nasdaq - Nasdaq Delayed price. Currency in USD
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15.700.00 (0.00%)
At close: 08:00PM EDT

Terra Firma US Concentrated Realty Equity Fund

New York, NY 10112

30 Rockefeller Plaza

Lazard Funds Inc

800-823-6300
Management information
Christopher J. Hartung,Lead manager since 12 September 2018
Christopher Hartung, a Director of Lazard Asset Management LLC, is a portfolio manager/analyst on Lazard's Global Real Estate Securities team. Prior to joining Lazard in 2011, Mr. Hartung was Senior Advisor at Grubb & Ellis Alesco Global Advisors, LLC responsible for alternative investment strategies, capital markets, product development and research. He began working in the investment field in 1990.
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryReal Estate
Fund familyTerra Firma Asset Management
Net assets19.75M
YTD return-5.10%
Yield2.21%
Morningstar rating★★★
Inception date30 Dec 2008

Fund operations

Last dividend0.12
Last cap gain-50.00
Holdings turnover58.00%
Average for categoryN/A

Fees and expenses

ExpenseTFREXCategory average
Annual report expense ratio (net)1.00%1.08%
Prospectus net expense ratio1.00%N/A
Prospectus gross expense ratio2.27%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A5.10%
Max deferred sales loadN/A1.13%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A