Strength in Lazard US Short Duration Fixed Inc Instl's People Pillaris partially offset by an Average Process Pillar rating, leading to a Morningstar Quantitative Rating of Neutral. The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.
- NAV / 1-Day Return 9.46 / 0.02 %
- Total Assets 58.5 Mil
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Adj. Expense Ratio
- Expense Ratio 0.400%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Ultrashort Bond
- Credit Quality / Interest Rate Sensitivity High / Limited
- Min. Initial Investment 10,000
- Status Open
- TTM Yield 1.34%
- Effective Duration 1.27 years
Morningstar’s Analysis UMNIX
Will UMNIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.