Welcome to our dedicated page for Lazard Global Total Return and Income Fund news (Ticker: LGI), a resource for investors and traders seeking the latest updates and insights on Lazard Global Total Return and Income Fund stock.
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 elected to be subject to the Maryland Control Share Acquisition Act (MCSAA) to protect the interests of its stockholders. This law limits the voting rights of holders of 'control shares' above 10% unless approved by other stockholders. The move aims to prevent undue influence from single stockholders seeking short-term gains, ensuring long-term value for all stockholders. As of November 30, 2021, Lazard's investment manager, LAM, managed $267.4 billion in client assets, highlighting its significant market presence.
The Board of Directors of Lazard Global Total Return and Income Fund (NYSE:LGI) has announced a monthly distribution rate of 7.0% based on the Fund's net asset value as of December 31, 2021.
This distribution is payable on January 21, 2022, to shareholders of record as of January 10, 2022, with an ex-dividend date of January 7, 2022. The Fund primarily invests in a diversified portfolio of US and non-US equity securities and may include emerging markets.
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.
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.
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.
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.
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.
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.
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.
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.