Lazard Global Total Return and Income Fund, Inc. (LGI) reports recurring distribution and portfolio updates as a NYSE-listed closed-end management investment company. The Fund's investment objective is total return, consisting of capital appreciation and current income.
News releases primarily cover monthly common-stock distributions under the Fund's Managed Distribution Policy, including Board authorization, record and payable dates, and estimated sources such as net investment income, realized capital gains, and return of capital. The Fund describes investments in U.S. and non-U.S. equities, American Depository Receipts, emerging market exposure, currency forwards, debt obligations, and structured notes. Lazard Asset Management serves as the Fund's investment manager.
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.
Lazard Global Total Return and Income Fund (NYSE:LGI) has confirmed its monthly distribution of $0.14646 per share on outstanding common stock, payable on March 21, 2025, to shareholders of record on March 10, 2025. The Fund's investment portfolio consists of 60 to 80 US and non-US equity securities, focusing on companies with market capitalizations exceeding $2 billion.
The Fund invests in emerging market currencies through forward currency contracts and various debt obligations. As of January 31, 2025, Lazard Asset Management and affiliated companies managed $233.0 billion in client assets. The Fund's primary objective is total return through capital appreciation and current income.
The distribution includes components from net investment income, realized capital gains, and may include return of capital. Shareholders should note that the exact amounts for tax reporting purposes will depend on the Fund's fiscal year investment performance and may be subject to changes based on tax regulations.
Lazard Global Total Return and Income Fund (NYSE:LGI) has confirmed its monthly distribution of $0.14646 per share on the Fund's outstanding common stock, payable on February 21, 2025, to shareholders of record on February 10, 2025. The distribution represents a 100% return of capital.
Key performance metrics include:
- 5-year average annual total return (NAV): 7.66%
- Annualized current distribution rate: 10.20% of NAV
- Fiscal year cumulative total return: 6.51%
- Fiscal year distributions: 8.67% of NAV
The Fund invests in a portfolio of 60-80 US and non-US equity securities, focusing on companies with market capitalizations above $2 billion. It also includes investments in emerging market currencies and debt obligations. As of December 31, 2024, Lazard Asset Management and affiliated companies managed $226.3 billion in client assets.
Lazard Global Total Return and Income Fund (NYSE:LGI) has announced its monthly distribution of $0.14646 per share, representing a 10% annualized rate based on the Fund's net asset value as of December 31, 2024. The distribution will be payable on January 22, 2025, to shareholders of record on January 10, 2025.
The Fund focuses on total return through capital appreciation and current income, investing in a portfolio of 60 to 80 US and non-US equity securities with market capitalizations typically above $2 billion. The investment strategy includes emerging market currencies and debt obligations. The Fund is managed by Lazard Asset Management (LAM), which oversees $234.4 billion in client assets as of November 30, 2024.
Lazard Global Total Return and Income Fund (NYSE:LGI) has announced its monthly distribution of $0.14941 per share, payable on January 22, 2025, to shareholders of record on January 10, 2025. The distribution comprises 100% net realized long-term capital gains. For the fiscal year to date, distributions total $1.52400 per share, consisting of 94% long-term capital gains and 6% return of capital.
The Fund's performance metrics include a 9.21% average annual total return over the past 5 years, a 9.79% annualized distribution rate, and a 10.08% cumulative total return for the fiscal year through November 30, 2024. The Fund invests in 60-80 US and non-US equity securities, focusing on companies with market capitalizations above $2 billion, and includes emerging market investments.
Lazard Global Total Return and Income Fund (NYSE:LGI) has announced its monthly distribution of $0.14941 per share, payable on December 23, 2024, to shareholders of record on December 11, 2024. The distribution comprises 100% net realized long-term capital gains. For the fiscal year to date, distributions total $1.37459 per share, consisting of 73% long-term capital gains and 27% return of capital. The Fund reports a 5-year average annual return of 9.05% and an annualized distribution rate of 9.93% based on NAV as of October 31, 2024. The Fund invests in a portfolio of 60-80 US and non-US equity securities, with a focus on companies having market capitalizations above $2 billion.
Lazard Global Total Return and Income Fund (NYSE:LGI) has declared a monthly distribution of $0.14941 per share on its outstanding common stock, payable on November 22, 2024 to shareholders of record on November 12, 2024. The distribution is 100% from Net Realized Long-Term Capital Gains.
The Fund's average annual total return for the 5-year period ending September 30, 2024, was 10.28%. The annualized current distribution rate is 9.40% of NAV. For the fiscal year through September 30, 2024, the Fund's cumulative total return was 12.79%, with cumulative fiscal year distributions at 5.64% 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.
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) has declared a monthly distribution of $0.14941 per share, payable on September 23, 2024, to shareholders of record on September 11, 2024. The distribution comprises 34% net realized long-term capital gains and 66% return of capital. The Fund's annualized current distribution rate is 9.70% of NAV as of July 31, 2024.
Key performance metrics include:
- 5-year average annual total return: 8.98%
- Fiscal year-to-date cumulative total return: 7.60%
- Cumulative fiscal year distributions: 4.20% of NAV
Lazard Global Total Return and Income Fund (NYSE:LGI) has confirmed a monthly distribution of $0.14941 per share on its outstanding common stock, payable on August 22, 2024. The distribution is 100% sourced from net realized long-term capital gains. For the fiscal year to date, 38% of distributions came from long-term capital gains, while 62% was return of capital.
The Fund's 5-year average annual total return as of June 30, 2024, was 8.63%, with an annualized current distribution rate of 6.85% of NAV. The Fund's investment objective is total return, consisting of capital appreciation and current income. It invests in a portfolio of 60-80 US and non-US equity securities, emerging market currencies, and debt obligations.