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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 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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The Board of Directors of Lazard Global Total Return and Income Fund (NYSE:LGI) has approved a monthly distribution of $0.11512 per share. This payout is scheduled for March 22, 2021, to shareholders recorded by March 9, 2021, with an ex-dividend date of March 8, 2021. As of January 31, 2021, the Fund's portfolio consists of 60 to 80 US and non-US equity securities, including ADRs from companies with over $2 billion market cap, and also engages in emerging markets and currency investments. Lazard Asset Management manages approximately $255.2 billion in assets as of the same date.

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The Board of Directors of Lazard Global Total Return and Income Fund (NYSE:LGI) announced a monthly distribution of $0.11512 per share, payable on February 22, 2021, to shareholders of record on February 9, 2021. The ex-dividend date is February 8, 2021. As of December 31, 2020, the Fund focuses on capital appreciation and current income via a diversified portfolio of 60 to 80 equity securities, including emerging markets. Lazard Asset Management, managing $258.6 billion in assets, oversees the Fund's investments and provides detailed portfolio data on its website.

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Lazard Global Total Return and Income Fund (NYSE:LGI) has confirmed a monthly distribution of $0.11512 per share, representing an annualized yield of 7.0% based on its net asset value as of December 31, 2020. The payment will be made on January 22, 2021, to shareholders registered by January 11, 2021, with an ex-dividend date set for January 8, 2021. The Fund seeks total returns through capital appreciation and income, investing in 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 (LGI) has approved a monthly distribution of 7.0% on an annualized basis, based on the Fund's net asset value per share as of December 31, 2020. This distribution is set to be paid on January 22, 2021, to shareholders recorded as of January 11, 2021, with an ex-dividend date of January 8, 2021. The Fund's investment strategy focuses on total return through capital appreciation and income, investing in a diversified portfolio of approximately 60 to 80 US and non-US equity securities.

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Lazard Global Total Return and Income Fund (NYSE:LGI) has authorized a monthly distribution of $0.10646 per share, payable on December 23, 2020, to shareholders of record as of December 11, 2020. The ex-dividend date is December 10, 2020. The Fund aims for total return through capital appreciation and current income, investing in 60 to 80 US and non-US equity securities, primarily of companies with market capitalizations exceeding $2 billion. As of October 31, 2020, Lazard Asset Management managed $224.2 billion in client assets.

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Lazard Global Total Return and Income Fund (NYSE:LGI) has announced a monthly distribution of $0.10646 per share, payable on November 24, 2020. Shareholders of record on November 13, 2020 will receive this distribution, with the ex-dividend date set for November 12, 2020.

The Fund aims for total return through capital appreciation and income, investing in 60 to 80 US and non-US equities, with a focus on companies over $2 billion in market cap, including emerging markets.

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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 $16.69 as of January 23, 2025.

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 215.2M.

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

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215.23M
13.01M
32.13%
0.14%
Asset Management
Financial Services
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United States of America
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