Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in August
Lazard Global Total Return and Income Fund (NYSE:LGI) has declared a monthly distribution of $0.14941 per share, payable on October 22, 2024, to shareholders of record on October 11, 2024. The distribution comprises 90% from net realized long-term capital gains and 10% return of capital. The Fund's average annual total return for the 5-year period ending August 31, 2024, is 10.07%, with an annualized current distribution rate of 9.48% of NAV.
The Fund's investment objective is total return, consisting of capital appreciation and current income. It invests in a portfolio of 60 to 80 US and non-US equity securities, emerging market currencies, and debt obligations. As of August 31, 2024, Lazard Asset Management and affiliated companies managed $244.3 billion in client assets.
Lazard Global Total Return and Income Fund (NYSE:LGI) ha dichiarato una distribuzione mensile di $0.14941 per azione, pagabile il 22 ottobre 2024, agli azionisti registrati l'11 ottobre 2024. La distribuzione è composta per il 90% da guadagni di capitale a lungo termine realizzati e per il 10% da restituzione di capitale. Il ritorno totale medio annuale del Fondo per il periodo di 5 anni che termina il 31 agosto 2024 è del 10.07%, con un tasso di distribuzione annualizzato attuale del 9.48% rispetto al NAV.
L'obiettivo di investimento del Fondo è il ritorno totale, comprendente l'apprezzamento del capitale e un reddito corrente. Investe in un portafoglio di 60 a 80 titoli azionari statunitensi e non, valute dei mercati emergenti e obbligazioni. Alla data del 31 agosto 2024, Lazard Asset Management e le società affiliate gestivano $244,3 miliardi in attivi dei clienti.
Lazard Global Total Return and Income Fund (NYSE:LGI) ha declarado una distribución mensual de $0.14941 por acción, que se pagará el 22 de octubre de 2024, a los accionistas registrados el 11 de octubre de 2024. La distribución está compuesta en un 90% por ganancias de capital a largo plazo realizadas y un 10% como retorno de capital. El retorno total anual promedio del Fondo para el período de 5 años que finaliza el 31 de agosto de 2024 es del 10.07%, con una tasa de distribución anualizada actual del 9.48% del NAV.
El objetivo de inversión del Fondo es el retorno total, que consiste en la apreciación del capital y el ingreso corriente. Invierte en un portafolio de 60 a 80 valores de renta variable de EE.UU. y no EE.UU., monedas de mercados emergentes y obligaciones de deuda. A partir del 31 de agosto de 2024, Lazard Asset Management y las empresas afiliadas gestionaban $244.3 mil millones en activos de clientes.
Lazard Global Total Return and Income Fund (NYSE:LGI)는 주당 $0.14941의 월간 배당금을 발표했으며, 이는 2024년 10월 22일에 지급되고, 기록일자는 2024년 10월 11일입니다. 이 배당금은 90%가 실현된 장기 자본 이익에서 나온 것이고, 10%는 자본 회수입니다. 2024년 8월 31일로 끝나는 5년간의 연평균 총 수익률은 10.07%이며, 현재의 연화권 배당률은 NAV의 9.48%입니다.
본 펀드의 투자 목표는 자본 상승과 현재 수입을 포함한 총 수익입니다. 미국 및 비미국의 60~80개 주식, 신흥 시장 통화 및 채무 의무로 구성된 포트폴리오에 투자합니다. 2024년 8월 31일 기준으로, Lazard Asset Management 및 그 계열사는 $244.3억의 고객 자산을 관리하고 있습니다.
Lazard Global Total Return and Income Fund (NYSE:LGI) a déclaré une distribution mensuelle de $0.14941 par action, payable le 22 octobre 2024, aux actionnaires enregistrés le 11 octobre 2024. La distribution se compose de 90% de gains en capital à long terme réalisés et de 10% de retour de capital. Le rendement total annuel moyen du Fonds pour la période de 5 ans se terminant le 31 août 2024 est de 10,07%, avec un taux de distribution annualisé actuel de 9,48% du NAV.
L’objectif d’investissement du Fonds est un retour total, comprenant l’appréciation du capital et le revenu courant. Il investit dans un portefeuille de 60 à 80 valeurs mobilières américaines et non américaines, des devises de marchés émergents et des obligations de dette. Au 31 août 2024, Lazard Asset Management et les sociétés affiliées géraient $244,3 milliards d'actifs clients.
Lazard Global Total Return and Income Fund (NYSE:LGI) hat eine monatliche Ausschüttung von $0.14941 pro Aktie erklärt, die am 22. Oktober 2024 an Aktionäre gezahlt wird, die am 11. Oktober 2024 im Register stehen. Die Ausschüttung besteht zu 90% aus realisierten langfristigen Kapitalgewinnen und zu 10% aus Kapitalrückgabe. Die durchschnittliche jährliche Gesamtrendite des Fonds für den Zeitraum von 5 Jahren bis zum 31. August 2024 beträgt 10,07%, mit einem annualisierten aktuellen Ausschüttungsrate von 9,48% des NAV.
Das Investitionsziel des Fonds ist eine Gesamtrendite, die aus Kapitalwachstum und aktuellem Einkommen besteht. Er investiert in ein Portfolio von 60 bis 80 US-amerikanischen und ausländischen Aktien, Währungen aus Schwellenländern und Schuldtiteln. Stand 31. August 2024 verwalteten Lazard Asset Management und verbundene Unternehmen $244,3 Milliarden an Kundenvermögen.
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The Fund will pay a previously declared distribution today, September 23, 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 Distribution |
Total Cumulative Distributions for the Fiscal Year to Date |
% of the Total Cumulative Distributions for the Fiscal Year to Date |
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 August 31, 2024 |
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Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2024 |
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Cumulative total return (in relation to NAV) for the fiscal year through August 31, 2024 |
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Cumulative fiscal year distributions as a percentage of NAV as of August 31, 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 August 31, 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 August 31, 2024, LAM and affiliated asset management companies in the Lazard Group managed
View source version on businesswire.com: https://www.businesswire.com/news/home/20240923824845/en/
Media:
Aziz Nayani, +1 212 632 6042
aziz.nayani@lazard.com
Investors:
Ben Wulfsohn, +1 800 823 6300
ben.wulfsohn@lazard.com
Source: Lazard Global Total Return and Income Fund, Inc.
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