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Lazard Global Total Return and Income Fund Inc - LGI STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lazard Global Total Return and Income Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lazard Global Total Return and Income Fund's position in the market.

News
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in March
Rhea-AI Summary
Lazard Global Total Return and Income Fund, Inc. (LGI) declares a monthly distribution of $0.10459 per share, payable on May 22, 2024. The distribution consists of return of capital. The Fund's 5-year average annual total return is 9.69%, with an annualized current distribution rate of 6.80% as of March 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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News
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in February
Rhea-AI Summary
Lazard Global Total Return and Income Fund, Inc. (LGI) announces a monthly distribution of $0.10459 per share, payable on April 22, 2024, to shareholders of record on April 11, 2024. The Fund also paid a distribution on March 22, 2024. The distribution consists of return of capital. The Fund's 5-year average annual total return is 9.76%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
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none
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News
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in January
Rhea-AI Summary
Lazard Global Total Return and Income Fund, Inc. (LGI) announces a monthly distribution of $0.10459 per share, payable on March 22, 2024. The distribution comprises 100% return of capital. The fund's 5-year average annual total return is 9.58%, with a current distribution rate of 7.13% of NAV as of January 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
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none
News
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in December
Rhea-AI Summary
Lazard Global Total Return and Income Fund, Inc. (LGI) has confirmed a monthly distribution of $0.10459 per share on its outstanding common stock, payable on February 22, 2024. The distribution consists of a 100% return of capital. The average annual total return for the 5-year period ending on December 31, 2023, was 11.59%. The annualized current distribution rate expressed as a percentage of NAV as of December 31, 2023, was 6.25%. The cumulative total return for the fiscal year through December 31, 2023, was 19.68%, with cumulative fiscal year distributions as a percentage of NAV as of December 31, 2023, at 2.60%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.07%
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News
Lazard Global Total Return and Income Fund Announces Monthly Distribution Amount
Rhea-AI Summary
Lazard Global Total Return and Income Fund, Inc. (LGI) confirms a monthly distribution of $0.10459 per share, equivalent to 7% annualized of its net asset value, payable on January 22, 2024. The Fund's investment objective is total return, consisting of capital appreciation and current income. It invests 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 $2 billion, and may include investments in emerging markets. Lazard Asset Management, the Fund's investment manager, offers a range of equity, fixed-income, and alternative investment products worldwide. As of November 30, 2023, LAM and affiliated asset management companies in the Lazard Group managed $235.9 billion worth of client assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.43%
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none
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News
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in November
Rhea-AI Summary
Lazard Global Total Return and Income Fund, Inc. (LGI) confirms a monthly distribution of 7.0% of the Fund’s net asset value per share as of December 29, 2023, payable on January 22, 2024, to shareholders of record on January 11, 2024. The distribution sources include net investment income, net realized capital gains, and return of capital. The average annual total return for the 5-year period ending on November 30, 2023, is 8.96%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.89%
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none
News
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in October
Rhea-AI Summary
Lazard Global Total Return and Income Fund, Inc. (LGI) confirms a monthly distribution of $0.09339 per share on its common stock. The distribution is payable on December 22, 2023, to shareholders of record on December 12, 2023, with an ex-dividend date of December 11, 2023. The Fund has also paid a previously declared distribution on November 22, 2023. The distribution breakdown includes 45% from net income, 0% from net realized short-term capital gains, 0% from net realized long-term capital gains, and 55% from return of capital. The average annual total return for the 5-year period ending on October 31, 2023, was 7.46%. The annualized current distribution rate as a percentage of NAV as of October 31, 2023, was 7.22%. The cumulative total return for the fiscal year through October 31, 2023, was 2.50%, and the cumulative fiscal year distributions as a percentage of NAV as of October 31, 2023, was 3.01%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.51%
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none
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News
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in September
Rhea-AI Summary
Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) has confirmed a monthly distribution of $0.09339 per share on its outstanding common stock. The distribution is payable on November 22, 2023, to shareholders of record on November 10, 2023. The ex-dividend date is November 9, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.17%
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none
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News
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in August
Rhea-AI Summary
Lazard Global Total Return and Income Fund, Inc. confirms a monthly distribution of $0.09339 per share on its outstanding common stock. The distribution is payable on October 24, 2023. The Fund estimates that it has distributed more than its net investment income and net realized capital gains, with a return of capital accounting for 53% of the distribution. The Fund's investment objective is total return, consisting of capital appreciation and current income. As of August 31, 2023, Lazard Asset Management managed $237.3 billion worth of client assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
Tags
none
News
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in July
Rhea-AI Summary
Lazard Global Total Return and Income Fund, Inc. confirms monthly distribution of $0.09339 per share on outstanding common stock. Net income accounts for 56% of the distribution, while return of capital accounts for 44%. Average annual total return for the 5-year period is 8.02%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.6%
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Lazard Global Total Return and Income Fund Inc

NYSE:LGI

LGI Rankings

#3757 Ranked by Market Cap
#2844 Ranked by Stock Gains
#316 Ranked by Dividends

LGI Stock Data

198.06M
41.68%
0.26%
Securities and Commodity Exchanges
Finance and Insurance
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New York

About LGI

lazard asset management is known for its global perspective on investing and its experience with global, regional and domestic portfolios. we believe in fostering a culture of constant dialogue between teams. the resulting views bring us the unique, firsthand market insights that are the key to our long-term success. at lazard asset management having an entrepreneurial spirit means that our teams are independent, but supported by a central infrastructure. this central infrastructure allows teams to focus on what they do best. with over $222.3 billion in assets under management (as of december 31, 2017), we have offices located throughout the world in boston, dubai, dublin, frankfurt, geneva, hamburg, hong kong, london, milan, montreal, new york, san francisco, seoul, singapore, sydney, tokyo, toronto, and zurich.