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 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.
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.
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.