Lazard Global Total Return and Income Fund Announces Monthly Distribution Amount
Lazard Global Total Return and Income Fund (NYSE:LGI) has announced its monthly distribution of $0.14646 per share, representing a 10% annualized rate based on the Fund's net asset value as of December 31, 2024. The distribution will be payable on January 22, 2025, to shareholders of record on January 10, 2025.
The Fund focuses on total return through capital appreciation and current income, investing in a portfolio of 60 to 80 US and non-US equity securities with market capitalizations typically above $2 billion. The investment strategy includes emerging market currencies and debt obligations. The Fund is managed by Lazard Asset Management (LAM), which oversees $234.4 billion in client assets as of November 30, 2024.
Il Lazard Global Total Return and Income Fund (NYSE:LGI) ha annunciato la sua distribuzione mensile di 0,14646 $ per azione, che rappresenta un tasso annualizzato del 10% basato sul valore patrimoniale netto del Fondo al 31 dicembre 2024. La distribuzione sarà pagabile il 22 gennaio 2025, agli azionisti registrati il 10 gennaio 2025.
Il Fondo si concentra sul rendimento totale attraverso l'apprezzamento del capitale e il reddito attuale, investendo in un portafoglio di 60-80 titoli azionari statunitensi e non statunitensi con capitalizzazioni di mercato tipicamente superiori a 2 miliardi di dollari. La strategia di investimento include valute e obbligazioni dei mercati emergenti. Il Fondo è gestito da Lazard Asset Management (LAM), che gestisce 234,4 miliardi di dollari di attivi dei clienti al 30 novembre 2024.
El Lazard Global Total Return and Income Fund (NYSE:LGI) ha anunciado su distribución mensual de $0.14646 por acción, que representa una tasa anualizada del 10% basada en el valor neto de los activos del Fondo al 31 de diciembre de 2024. La distribución se pagará el 22 de enero de 2025 a los accionistas registrados el 10 de enero de 2025.
El Fondo se centra en el rendimiento total a través de la apreciación del capital y los ingresos actuales, invirtiendo en una cartera de 60 a 80 valores de acciones estadounidenses y no estadounidenses con capitalizaciones de mercado típicamente superiores a $2 mil millones. La estrategia de inversión incluye monedas y obligaciones de mercados emergentes. El Fondo es administrado por Lazard Asset Management (LAM), que supervisa $234.4 mil millones en activos de clientes a partir del 30 de noviembre de 2024.
Lazard Global Total Return and Income Fund (NYSE:LGI)는 2024년 12월 31일 기준으로 펀드의 순자산 가치에 따라 연 10%의 비율을 나타내는 주당 $0.14646의 월 배당금을 발표했습니다. 배당금은 2025년 1월 22일에 지급되며, 2025년 1월 10일 기준 주주에게 지급됩니다.
이 펀드는 자본 증가와 현재 수익을 통한 총 수익을 목표로 하고 있으며, 시장 가치가 보통 20억 달러를 초과하는 미국 및 비미국 주식 60~80종목에 투자하는 포트폴리오에 투자합니다. 투자 전략에는 신흥 시장 통화와 채무 의무가 포함됩니다. 이 펀드는 Lazard Asset Management (LAM)에 의해 관리되며, 2024년 11월 30일 기준으로 2344억 달러의 고객 자산을 관리하고 있습니다.
Le Lazard Global Total Return and Income Fund (NYSE:LGI) a annoncé sa distribution mensuelle de 0,14646 $ par action, représentant un taux annualisé de 10 % basé sur la valeur nette d'actif du Fonds au 31 décembre 2024. La distribution sera payable le 22 janvier 2025 aux actionnaires inscrits au 10 janvier 2025.
Le Fonds se concentre sur le rendement total à travers l'appréciation du capital et le revenu courant, en investissant dans un portefeuille de 60 à 80 valeurs mobilières d'actions américaines et non américaines ayant généralement une capitalisation boursière supérieure à 2 milliards de dollars. La stratégie d'investissement inclut les devises et les obligations des marchés émergents. Le Fonds est géré par Lazard Asset Management (LAM), qui supervise 234,4 milliards $ d'actifs clients au 30 novembre 2024.
Der Lazard Global Total Return and Income Fund (NYSE:LGI) hat seine monatliche Ausschüttung von $0,14646 pro Aktie bekannt gegeben, was eine annualisierte Rate von 10% basierend auf dem Nettovermögen des Fonds zum 31. Dezember 2024 darstellt. Die Ausschüttung erfolgt am 22. Januar 2025 an Aktionäre, die am 10. Januar 2025 im Aktienregister stehen.
Der Fonds konzentriert sich auf die Gesamtrückkehr durch Kapitalwertsteigerung und aktuelle Einnahmen, und investiert in ein Portfolio von 60 bis 80 US-amerikanischen und nicht US-amerikanischen Aktienwertpapieren mit Marktwerten, die typischerweise über 2 Milliarden USD liegen. Die Anlagestrategie umfasst Währungen und Schuldtitel aus Schwellenländern. Der Fonds wird von Lazard Asset Management (LAM) verwaltet, das zum 30. November 2024 234,4 Milliarden USD an Kundenvermögen verwaltet.
- Monthly distribution maintains 10% annualized payout rate
- Diversified portfolio across US and non-US equities
- Management by established firm with $234.4B AUM
- None.
Insights
The monthly distribution announcement of
The fund's substantial assets under management of
The Fund's investment objective is total return, consisting of capital appreciation and current income. The Fund's net assets are invested in a portfolio of approximately 60 to 80 US and non-US equity securities, including American Depository Receipts, generally of companies with market capitalizations greater than
An indirect subsidiary of Lazard Ltd (NYSE: LAZ), Lazard Asset Management ("LAM"), the Fund's investment manager, offers a range of equity, fixed-income, and alternative investment products worldwide. As of November 30, 2024, LAM and affiliated asset management companies in the Lazard Group managed
View source version on businesswire.com: https://www.businesswire.com/news/home/20250103810704/en/
Media contact:
Aziz Nayani, +1 212 632 6042
aziz.nayani@lazard.com
Investor contact:
Ben Wulfsohn, +1 800 828 5548
ben.wulfsohn@lazard.com
Source: Lazard Global Total Return and Income Fund, Inc.
FAQ
What is the January 2025 distribution amount for Lazard Global Total Return and Income Fund (LGI)?
What is the annualized distribution rate for LGI based on December 31, 2024 NAV?
How many stocks does LGI typically hold in its portfolio?
What is the minimum market capitalization for companies in LGI's portfolio?
What is the total assets under management of Lazard Asset Management as of November 2024?
