LGI: Discount Narrows With Distribution Policy Shift Earlier This Year [Seeking Alpha]
Lazard Global Total Return and Income Fund (LGI)
US:NYSE Investor Relations:
lazardassetmanagement.com/us/en_us/funds/closed-end-funds/lazard-global-total-return-%26-income-fund%2c-inc./f19/s26
Company Research
Source: Seeking Alpha
Follow Summary 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. This idea was discussed in more depth with members of my private investing community, CEF/ETF Income Laboratory. Learn More » Bill Oxford Written by Nick Ackerman, co-produced by Stanford Chemist Around a year ago, we last covered the Lazard Global Total Return and Income Fund ( NYSE: LGI ). At that time, this closed-end fund was trading at a deep and attractive At the CEF/ETF Income Laboratory , we manage closed-end fund (CEF) and exchange-traded fund (ETF
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LGI
News
- Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in OctoberBusiness Wire
- Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in SeptemberBusiness Wire
- Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in AugustBusiness Wire
LGI
Sec Filings
- 12/9/24 - Form SC
- 11/26/24 - Form NPORT-P
- 11/26/24 - Form SC
- LGI's page on the SEC website