Lazard Enhanced Opportunities Portfolio Open Shares (LEOOX) NASDAQ
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
Currency In USD
Address
30 Rockefeller Plaza
New York, NY 10112
United States of America (the)
Phone
2126326000
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
January 05, 2015
The primary objectives of this investment are to generate ongoing income and foster significant capital growth over an extended timeframe. To accomplish these aims across various market conditions, the fund implements a hedged investment methodology, predominantly allocating assets to convertible debt instruments and preferred equities, which may encompass those rated below investment grade, often referred to as 'junk bonds'. While the portfolio generally prioritizes businesses domiciled in the United States, it retains the flexibility to invest in non-U.S. entities, including through mechanisms like depositary receipts and direct stock ownership. Notably, this fund operates as a non-diversified vehicle.