LGI
Lazard Global Total Return & Income FundLGI
LGI
About: Lazard Global Total Return & Inc Fd Inc is a United States-based diversified, closed-end management investment company. Its investment objective is total return consisting of capital appreciation and income. The fund's portfolio of investments consists of different sector investments such as consumer staples, financials, consumer discretionary, healthcare, materials, sovereign debt, and others.
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Funds holding %
of 6,809 funds
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Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
8% more funds holding
Funds holding: 36 [Q2] → 39 (+3) [Q3]
5.73% less ownership
Funds ownership: 30.2% [Q2] → 24.47% (-5.73%) [Q3]
12% less capital invested
Capital invested by funds: $65.4M [Q2] → $57.7M (-$7.72M) [Q3]
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
Research analyst outlook
We haven’t received any recent analyst ratings for LGI.
Financial journalist opinion
Neutral
Business Wire
1 month ago
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in October
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14941 per share on the Fund's outstanding common stock. The distribution is payable on December 23, 2024 to shareholders of record on December 11, 2024. The ex-dividend date is December 11, 2024. The Fund will pay a previously declared distribution tod.
Neutral
Business Wire
2 months ago
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in September
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14941 per share on the Fund's outstanding common stock. The distribution is payable on November 22, 2024 to shareholders of record on November 12, 2024. The ex-dividend date is November 12, 2024. The Fund will pay a previously declared distribution tod.
Positive
Seeking Alpha
2 months ago
LGI: Discount Narrows With Distribution Policy Shift Earlier This Year
Lazard Global Total Return and Income Fund has seen its discount narrow significantly, helping to push the fund to outperform the S&P 500 over the past year. The fund's managed distribution policy was increased from 7% to 10%, a factor contributing to the discount narrowing and making it less of a bargain than it had been. LGI's portfolio includes global equity exposure and forward currency contracts, enhancing the potential for providing distribution coverage but also increasing leverage and risk.
Neutral
Business Wire
2 months ago
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in August
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14941 per share on the Fund's outstanding common stock. The distribution is payable on October 22, 2024 to shareholders of record on October 11, 2024. The ex-dividend date is October 11, 2024. The Fund will pay a previously declared distribution today,.
Positive
Seeking Alpha
3 months ago
LGI: High Yield And Exposure To Outperforming Foreign Assets (Rating Upgrade)
The Lazard Global Total Return and Income Fund Inc offers high current income by investing in global equities, providing better inflation protection than fixed-income securities. Despite recent share price underperformance, including distributions reveals the LGI closed-end fund's total return outpaced both the S&P 500 and MSCI World Index. The fund's U.S. exposure is high, but lower than the MSCI World Index, so it should offer better returns if foreign markets continue to outperform the U.S.
Neutral
Business Wire
4 months ago
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in July
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14941 per share on the Fund's outstanding common stock. The distribution is payable on September 23, 2024 to shareholders of record on September 11, 2024. The ex-dividend date is September 11, 2024. The Fund will pay a previously declared distribution.
Neutral
Business Wire
5 months ago
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in June
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14941 per share on the Fund's outstanding common stock. The distribution is payable on August 22, 2024 to shareholders of record on August 12, 2024. The ex-dividend date is August 12, 2024. The Fund will pay a previously declared distribution today, Ju.
Positive
Seeking Alpha
5 months ago
LGI: A Worthy Global Fund, But Higher U.S. Exposure Than Some Peers
Lazard Global Total Return and Income Fund Inc offers global diversification and high income, appealing to those seeking to reduce exposure to the US and US Dollar. The Fund's focus on global opportunities allows for better growth and investment opportunities worldwide. The Fund's high yield of 7.56% is attractive, but lower than peers. It also tends to vary with time.
Neutral
Business Wire
5 months ago
Lazard Global Total Return and Income Fund Announces Increased Monthly Distribution
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is announcing that its Board of Directors has authorized an increase in the monthly distribution to shareholders, pursuant to the Fund's Managed Distribution Policy. Beginning with the distribution payable on July 22, 2024 to shareholders of record on July 11, 2024, which was previously announced on June 24, 2024, the Fund will pay, on a monthly basis, a distribution equal to, on an annualized ba.
Neutral
Business Wire
5 months ago
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in May
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.10459 per share on the Fund's outstanding common stock. The distribution is payable on July 22, 2024 to shareholders of record on July 11, 2024. The ex-dividend date is July 11, 2024. The Fund will pay a previously declared distribution today, June 24,.
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