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Lazard Global Total Return & Income Fund - LGI STOCK NEWS

Welcome to our dedicated page for Lazard Global Total Return & Income Fund news (Ticker: LGI), a resource for investors and traders seeking the latest updates and insights on Lazard Global Total Return & Income Fund stock.

Lazard Global Total Return & Income Fund (LGI) is a diversified, closed-end management investment company based in the United States. It aims to achieve total return through a combination of capital appreciation and income. The fund boasts a portfolio that spans various sectors, including consumer staples, financials, consumer discretionary, healthcare, materials, and sovereign debt, among others.

Lazard Asset Management, known for its global perspective and deep market insights, manages the fund. With over $222.3 billion in assets under management as of December 31, 2017, Lazard Asset Management operates in numerous financial hubs worldwide, including Boston, Dubai, Dublin, Frankfurt, Geneva, Hamburg, Hong Kong, London, Milan, Montreal, New York, San Francisco, Seoul, Singapore, Sydney, Tokyo, Toronto, and Zurich.

The company's unique approach involves fostering a culture of constant dialogue between teams, which results in firsthand market insights. Each team operates independently but is supported by a robust central infrastructure, allowing them to focus on their core competencies.

Recent achievements and current projects include strategic investments across various sectors, aimed at optimizing returns while managing risks effectively. The fund’s diversified portfolio and active management strategy make it a compelling option for investors seeking balanced growth and steady income.

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The Board of Directors of Lazard Global Total Return and Income Fund (NYSE:LGI) has declared a distribution of $0.59267 per share, consisting entirely of long-term capital gains. This distribution is payable on January 11, 2022, to shareholders of record on December 28, 2021. Cumulative distributions for the fiscal year ending December 31, 2021, total $1.97 per share, with estimates indicating $0.90 will be a return of capital. Lazard Asset Management, managing $267.4 billion in assets, oversees the Fund's investments.

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The Board of Directors of Lazard Global Total Return and Income Fund (NYSE: LGI) has declared a monthly distribution of $0.11512 per share, payable on December 22, 2021. Shareholders of record as of December 9, 2021 will receive this payout, with the ex-dividend date set for December 8, 2021. As of October 31, 2021, the Fund's investment strategy targets capital appreciation and income, investing in approximately 60 to 80 equity securities and emerging market currencies.

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The Board of Directors of Lazard Global Total Return and Income Fund (NYSE:LGI) has announced a monthly distribution of $0.11512 per share. This distribution is set to be paid on November 22, 2021 to shareholders of record on November 9, 2021, with an ex-dividend date of November 8, 2021. As of September 30, 2021, LAM, the investment manager, managed $272.6 billion in client assets, focusing on equity securities of companies with market capitalizations over $2 billion.

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The Board of Directors of Lazard Global Total Return and Income Fund (NYSE:LGI) has declared a monthly distribution of $0.11512 per share on its outstanding common stock. This distribution will be payable on October 22, 2021, to shareholders of record as of October 8, 2021. The ex-dividend date is set for October 7, 2021. The Fund's investment strategy focuses on total return through capital appreciation and income, investing in a diverse portfolio of US and non-US equities, including companies with market caps over $2 billion, and may also include emerging market investments.

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The Board of Directors of Lazard Global Total Return and Income Fund (NYSE:LGI) has authorized a monthly distribution of $0.11512 per share, payable on September 22, 2021. Shareholders of record must hold shares by September 9, 2021, with an ex-dividend date of September 8, 2021. The Fund focuses on total return through capital appreciation and current income by investing in a diverse portfolio of approximately 60 to 80 US and non-US equity securities, including those in emerging markets.

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The Board of Directors of Lazard Global Total Return and Income Fund (NYSE:LGI) has announced a monthly distribution of $0.11512 per share on common stock, payable on August 23, 2021. Shareholders of record by August 10, 2021 will be eligible, with an ex-dividend date of August 9, 2021. As of June 30, 2021, the Fund's portfolio includes around 60 to 80 US and non-US equities, focusing on companies with market capitalizations over $2 billion, and may include emerging markets. Lazard Asset Management manages approximately $277.4 billion in client assets.

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The Board of Directors of Lazard Global Total Return and Income Fund (NYSE:LGI) has announced a monthly distribution of $0.11512 per share on its outstanding common stock. This distribution is set for payment on July 22, 2021, to shareholders of record on July 9, 2021, with an ex-dividend date of July 8, 2021. The Fund aims for total return through capital appreciation and income, managing assets in a portfolio of approximately 60 to 80 US and non-US equity securities, and may also invest in emerging markets. As of May 31, 2021, Lazard Asset Management managed $278.6 billion in client assets.

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The Board of Directors of Lazard Global Total Return and Income Fund (NYSE:LGI) has authorized a monthly distribution of $0.11512 per share, payable on June 22, 2021, to shareholders of record on June 9, 2021. The ex-dividend date is June 8, 2021. As of April 30, 2021, the Fund's investment strategy focuses on total return through capital appreciation and current income, investing in a portfolio of approximately 60 to 80 equity securities, including emerging markets. Lazard Asset Management manages $274.4 billion in client assets.

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The Board of Directors of Lazard Global Total Return and Income Fund (NYSE:LGI) has declared a monthly distribution of $0.11512 per share, payable on May 21, 2021, to shareholders of record on May 10, 2021. The ex-dividend date is set for May 7, 2021. As of March 31, 2021, the fund's portfolio comprises 60 to 80 equity securities, including those with market capitalizations over $2 billion, and may include emerging market investments. Lazard Asset Management manages approximately $264.9 billion in client assets globally.

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The Board of Directors of Lazard Global Total Return and Income Fund (NYSE:LGI) has declared a monthly distribution of $0.11512 per share, payable on April 22, 2021. Shareholders of record as of April 9, 2021 will receive this payment, with the ex-dividend date set for April 8, 2021. The Fund focuses on total return through a mix of capital appreciation and current income, investing in a portfolio of 60 to 80 US and non-US equities, including emerging markets. As of February 28, 2021, Lazard Asset Management managed $260.7 billion in client assets.

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FAQ

What is the current stock price of Lazard Global Total Return & Income Fund (LGI)?

The current stock price of Lazard Global Total Return & Income Fund (LGI) is $16.37 as of November 20, 2024.

What is the market cap of Lazard Global Total Return & Income Fund (LGI)?

The market cap of Lazard Global Total Return & Income Fund (LGI) is approximately 213.0M.

What is the primary objective of Lazard Global Total Return & Income Fund?

The primary objective is to achieve total return consisting of capital appreciation and income.

What sectors does the fund invest in?

The fund invests in sectors like consumer staples, financials, consumer discretionary, healthcare, materials, and sovereign debt.

Who manages Lazard Global Total Return & Income Fund?

Lazard Asset Management manages the fund.

How much in assets does Lazard Asset Management oversee?

As of December 31, 2017, Lazard Asset Management oversees $222.3 billion in assets.

Where are Lazard Asset Management’s offices located?

Offices are located in Boston, Dubai, Dublin, Frankfurt, Geneva, Hamburg, Hong Kong, London, Milan, Montreal, New York, San Francisco, Seoul, Singapore, Sydney, Tokyo, Toronto, and Zurich.

What is the fund's approach to management?

The fund fosters a culture of constant dialogue between independent teams, supported by a central infrastructure.

What recent achievements has the fund made?

Recent achievements include strategic investments across various sectors to optimize returns and manage risks.

What makes Lazard Global Total Return & Income Fund unique?

Its diversified portfolio and active management strategy make it a compelling option for balanced growth and steady income.

How does the fund generate income?

The fund generates income through strategic investments in various sectors and active management.

Is the fund suitable for long-term investment?

Yes, the fund's diversified portfolio and strategic approach are designed for long-term capital appreciation and income.

Lazard Global Total Return & Income Fund

NYSE:LGI

LGI Rankings

LGI Stock Data

213.02M
13.01M
34.13%
0.14%
Asset Management
Financial Services
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United States of America
New York