Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in June
Lazard Global Total Return and Income Fund (NYSE:LGI) has confirmed a monthly distribution of $0.14941 per share on its outstanding common stock, payable on August 22, 2024. The distribution is 100% sourced from net realized long-term capital gains. For the fiscal year to date, 38% of distributions came from long-term capital gains, while 62% was return of capital.
The Fund's 5-year average annual total return as of June 30, 2024, was 8.63%, with an annualized current distribution rate of 6.85% of NAV. The Fund's investment objective is total return, consisting of capital appreciation and current income. It invests in a portfolio of 60-80 US and non-US equity securities, emerging market currencies, and debt obligations.
Il Lazard Global Total Return and Income Fund (NYSE:LGI) ha confermato una distribuzione mensile di $0,14941 per azione sul suo patrimonio azionario in circolazione, pagabile il 22 agosto 2024. La distribuzione proviene al 100% da guadagni di capitale a lungo termine realizzati netti. Fino ad oggi nell'anno fiscale, il 38% delle distribuzioni è derivato da guadagni di capitale a lungo termine, mentre il 62% è stato un ritorno di capitale.
Il rendimento totale medio annuale su 5 anni del Fondo al 30 giugno 2024 era del 8,63%, con un tasso di distribuzione annualizzato attuale del 6,85% del NAV. L'obiettivo d'investimento del Fondo è il rendimento totale, composto da apprezzamento del capitale e reddito corrente. Investisce in un portafoglio di 60-80 titoli azionari statunitensi e non, valute dei mercati emergenti e obbligazioni di debito.
El Lazard Global Total Return and Income Fund (NYSE:LGI) ha confirmado una distribución mensual de $0.14941 por acción sobre sus acciones ordinarias en circulación, pagadera el 22 de agosto de 2024. La distribución proviene al 100% de ganancias de capital a largo plazo netas realizadas. Hasta la fecha, el 38% de las distribuciones provino de ganancias de capital a largo plazo, mientras que el 62% fue retorno de capital.
El rendimiento total promedio anual a 5 años del Fondo al 30 de junio de 2024 fue del 8.63%, con una tasa de distribución anualizada actual del 6.85% del NAV. El objetivo de inversión del Fondo es el rendimiento total, que consiste en la apreciación del capital y el ingreso corriente. Invierte en una cartera de 60-80 valores de renta variable de EE. UU. y no EE. UU., divisas de mercados emergentes y obligaciones de deuda.
라자드 글로벌 총 수익 및 소득 펀드 (NYSE:LGI)는 주당 $0.14941의 월 배당금을 보유한 보통주에 대해 확인했으며, 2024년 8월 22일에 지급될 예정입니다. 이 배당금은 순 실현 장기 자본 이익에서 100% 발생합니다. 회계 연도 현재까지 배당금의 38%가 장기 자본 이익에서 발생한 반면, 62%는 자본 반환이었습니다.
2024년 6월 30일 기준 펀드의 5년 평균 연간 총 수익률은 8.63%였으며, 현재의 연간 배당률은 NAV의 6.85%입니다. 펀드의 투자 목표는 자본 증가와 현재 소득으로 구성된 총 수익입니다. 이 펀드는 60-80개의 미국 및 비미국 주식, 신흥 시장 통화 및 채무 의무로 구성된 포트폴리오에 투자합니다.
Le Lazard Global Total Return and Income Fund (NYSE:LGI) a confirmé une distribution mensuelle de 0,14941 $ par action sur ses actions ordinaires en circulation, payable le 22 août 2024. La distribution provient à 100 % des gains en capital à long terme réalisés nets. À ce jour de l'exercice fiscal, 38 % des distributions provenaient de gains en capital à long terme, tandis que 62 % étaient un retour de capital.
Le rendement total moyen annualisé sur 5 ans du Fonds au 30 juin 2024 était de 8,63%, avec un taux de distribution annualisé actuel de 6,85% de la valeur nette d'inventaire (VNI). L'objectif d'investissement du Fonds est le rendement total, composé d'appréciation du capital et de revenus courants. Il investit dans un portefeuille de 60 à 80 titres de capitaux propres américains et non américains, de devises de marchés émergents et de dettes.
Der Lazard Global Total Return and Income Fund (NYSE:LGI) hat eine monatliche Ausschüttung von 0,14941 $ pro Aktie auf sein ausstehendes Stammkapital bestätigt, die am 22. August 2024 zahlbar ist. Die Ausschüttung stammt zu 100 % aus netto realisierten langfristigen Kapitalgewinnen. Im laufenden Geschäftsjahr kamen 38 % der Ausschüttungen aus langfristigen Kapitalgewinnen, während 62 % Rückflüsse von Kapital waren.
Die 5-Jahres-Durchschnittsrendite des Fonds per 30. Juni 2024 betrug 8,63%, mit einer annualisierten aktuellen Ausschüttungsquote von 6,85% des NAV. Das Anlageziel des Fonds ist die Gesamtrendite, die aus Kapitalwertsteigerung und laufenden Erträgen besteht. Er investiert in ein Portfolio von 60 bis 80 US- und Nicht-US-Aktien, Währungen aus Schwellenländern und Schuldtiteln.
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The Fund will pay a previously declared distribution today, July 22, 2024. The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid, including today’s distribution, from the following sources: net investment income, net realized capital gains (short-term and long-term), and return of capital. All amounts are expressed per share of common stock and are based on accounting principles generally accepted in the US, which may differ from federal income tax regulations.
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Current Distribution |
% of the Current
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Total Cumulative
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% of the Total Cumulative
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Net Income |
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Net Realized Short-Term Capital Gains |
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Net Realized Long-Term Capital Gains |
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Return of Capital |
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Total |
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Average annual total return (in relation to NAV) for the 5-year period ending on June 30, 2024 |
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Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2024 |
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Cumulative total return (in relation to NAV) for the fiscal year through June 30, 2024 |
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Cumulative fiscal year distributions as a percentage of NAV as of June 30, 2024 |
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You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Policy.
The Fund estimates that it has distributed more than its net investment income and net realized capital gains; therefore, a portion of your distribution may be return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income".
The amounts and sources of distributions reported above are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund provides financial intermediary firms the information necessary to produce the Form 1099-DIV, and then the relevant financial intermediary firm will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. If you have any questions, or need additional information, please call us at 1-800-823-6300.
Portfolio data as of June 30, 2024, including performance, asset allocation, top 10 holdings, sector weightings, regional exposure, and other Fund characteristics have been posted on Lazard Asset Management's ("LAM") website, www.LazardAssetManagement.com.
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, Inc. (NYSE: LAZ), LAM, the Fund's investment manager, offers a range of equity, fixed-income, and alternative investment products worldwide. As of June 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/20240722217072/en/
Media contact:
Aziz Nayani, +1 212 632 6042
aziz.nayani@lazard.com
Investor contact:
Ben Wulfsohn, +1 800 823 6300
ben.wulfsohn@lazard.com
Source: Lazard Global Total Return and Income Fund, Inc.
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