Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in February
Lazard Global Total Return and Income Fund (NYSE:LGI) has announced its monthly distribution of $0.14646 per share on common stock, payable on April 22, 2025, to shareholders of record on April 10, 2025. The distribution is part of the Fund's Managed Distribution Policy.
The Fund invests in a portfolio of 60 to 80 US and non-US equity securities with market capitalizations above $2 billion, including emerging markets currencies and debt obligations. As of February 28, 2025, Lazard Asset Management and affiliated companies managed $232.9 billion in client assets.
The Fund notes that it has distributed more than its net investment income and realized capital gains, indicating that a portion of the distribution may represent a return of capital. Shareholders will receive Form 1099-DIV for tax reporting purposes through their financial intermediary firms.
Il Lazard Global Total Return and Income Fund (NYSE:LGI) ha annunciato la sua distribuzione mensile di $0.14646 per azione sulle azioni ordinarie, che sarà pagata il 22 aprile 2025, agli azionisti registrati il 10 aprile 2025. La distribuzione fa parte della Politica di Distribuzione Gestita del Fondo.
Il Fondo investe in un portafoglio di 60 a 80 titoli azionari statunitensi e non statunitensi con capitalizzazioni di mercato superiori a $2 miliardi, comprese le valute dei mercati emergenti e le obbligazioni di debito. Al 28 febbraio 2025, Lazard Asset Management e le società affiliate gestivano $232.9 miliardi in attivi dei clienti.
Il Fondo segnala di aver distribuito più del suo reddito netto da investimenti e guadagni in conto capitale realizzati, indicando che una parte della distribuzione potrebbe rappresentare un ritorno di capitale. Gli azionisti riceveranno il Modulo 1099-DIV per scopi di reporting fiscale tramite le loro società di intermediazione finanziaria.
El Lazard Global Total Return and Income Fund (NYSE:LGI) ha anunciado su distribución mensual de $0.14646 por acción sobre acciones ordinarias, que se pagará el 22 de abril de 2025, a los accionistas registrados el 10 de abril de 2025. La distribución es parte de la Política de Distribución Gestionada del Fondo.
El Fondo invierte en una cartera de 60 a 80 valores de renta variable de EE. UU. y no EE. UU. con capitalizaciones de mercado superiores a $2 mil millones, incluidas las monedas de mercados emergentes y las obligaciones de deuda. A fecha del 28 de febrero de 2025, Lazard Asset Management y las empresas afiliadas gestionaban $232.9 mil millones en activos de clientes.
El Fondo señala que ha distribuido más de sus ingresos netos por inversiones y ganancias de capital realizadas, lo que indica que una parte de la distribución puede representar un retorno de capital. Los accionistas recibirán el Formulario 1099-DIV para fines de informes fiscales a través de sus firmas intermediarias financieras.
라자드 글로벌 총 수익 및 소득 펀드 (NYSE:LGI)는 보통주에 대해 주당 $0.14646의 월 배당금을 발표했으며, 이는 2025년 4월 22일에 지급되고, 2025년 4월 10일 기준 주주에게 지급됩니다. 이 배당금은 펀드의 관리 배당 정책의 일환입니다.
이 펀드는 시가총액이 20억 달러 이상인 미국 및 비 미국 주식 60~80개에 투자하며, 신흥 시장 통화 및 채무 의무를 포함합니다. 2025년 2월 28일 기준으로, 라자드 자산 관리 및 관련 회사들은 $232.9억 달러의 고객 자산을 관리하고 있었습니다.
펀드는 순 투자 소득 및 실현된 자본 이익보다 더 많은 배당금을 지급했다고 언급하며, 이는 배당금의 일부가 자본 반환을 나타낼 수 있음을 시사합니다. 주주들은 재무 중개업체를 통해 세금 보고를 위한 1099-DIV 양식을 받을 것입니다.
Le Lazard Global Total Return and Income Fund (NYSE:LGI) a annoncé sa distribution mensuelle de $0.14646 par action sur les actions ordinaires, payable le 22 avril 2025, aux actionnaires enregistrés le 10 avril 2025. La distribution fait partie de la Politique de Distribution Gérée du Fonds.
Le Fonds investit dans un portefeuille de 60 à 80 titres de capitaux propres américains et non américains ayant des capitalisations boursières supérieures à 2 milliards de dollars, y compris les devises des marchés émergents et les obligations de dette. Au 28 février 2025, Lazard Asset Management et les entreprises affiliées géraient $232.9 milliards d'actifs clients.
Le Fonds note qu'il a distribué plus que ses revenus nets d'investissement et ses gains en capital réalisés, ce qui indique qu'une partie de la distribution pourrait représenter un retour de capital. Les actionnaires recevront le formulaire 1099-DIV à des fins de déclaration fiscale par l'intermédiaire de leurs sociétés intermédiaires financières.
Der Lazard Global Total Return and Income Fund (NYSE:LGI) hat seine monatliche Ausschüttung von $0.14646 pro Aktie auf Stammaktien angekündigt, die am 22. April 2025 an die Aktionäre ausgezahlt wird, die am 10. April 2025 im Aktienregister stehen. Die Ausschüttung ist Teil der Managed Distribution Policy des Fonds.
Der Fonds investiert in ein Portfolio von 60 bis 80 US-amerikanischen und nicht-US-amerikanischen Aktienwertpapieren mit einer Marktkapitalisierung von über 2 Milliarden Dollar, einschließlich Währungen der Schwellenländer und Schuldenverpflichtungen. Zum 28. Februar 2025 verwalteten Lazard Asset Management und verbundene Unternehmen $232.9 Milliarden an Kundenvermögen.
Der Fonds weist darauf hin, dass er mehr ausgeschüttet hat als sein Nettoinvestitionseinkommen und realisierte Kapitalgewinne, was darauf hindeutet, dass ein Teil der Ausschüttung eine Rückzahlung von Kapital darstellen könnte. Die Aktionäre erhalten das Formular 1099-DIV für steuerliche Meldezwecke über ihre Finanzintermediäre.
- None.
- None.
The Fund will pay a previously declared distribution today, March 21, 2025. 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.
|
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 |
|
|
|
|
Net Realized Short-Term Capital Gains |
|
|
|
|
Net Realized Long-Term Capital Gains |
|
|
|
|
Return of Capital |
|
|
|
|
Total |
|
|
|
|
Average annual total return (in relation to NAV) for the 5-year period ending on February 28, 2025 |
|
Annualized current distribution rate expressed as a percentage of NAV as of February 28, 2025 |
|
Cumulative total return (in relation to NAV) for the fiscal year through February 28, 2025 |
|
Cumulative fiscal year distributions as a percentage of NAV as of February 28, 2025 |
|
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 February 28, 2025, 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 February 28, 2025, LAM and affiliated asset management companies in the Lazard Group managed
View source version on businesswire.com: https://www.businesswire.com/news/home/20250321198880/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.
FAQ
What is the latest monthly distribution amount for Lazard Global Total Return and Income Fund (LGI)?
How many stocks does LGI typically hold in its investment portfolio?
What was Lazard Asset Management's total assets under management as of February 2025?
What types of investments does LGI include in its portfolio besides stocks?
Why might LGI's distribution be considered a return of capital?
