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.
The Board of Directors of Lazard Global Total Return and Income Fund (NYSE:LGI) has declared a monthly distribution of $0.10646 per share on its common stock. This distribution will be payable on November 23, 2020 to shareholders of record as of November 12, 2020, with an ex-dividend date of November 11, 2020. As of September 30, 2020, the Fund invests in a diverse portfolio of approximately 60 to 80 U.S. and non-U.S. equity securities, targeting companies with market capitalizations over $2 billion. Lazard Asset Management manages $227.8 billion in client assets.