Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in January
23 2월 2024 - 10:36AM
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
March 22, 2024 to shareholders of record on March 12, 2024. The
ex-dividend date is March 11, 2024.
The Fund will pay a previously declared distribution today,
February 22, 2024. The following table sets forth the estimated
amounts of the current distribution and the cumulative
distributions paid, including today’s distribution, from the
following sources: net investment income, net realized capital
gains (short-term and long-term), and return of capital. All
amounts are expressed per share of common stock and are based on
accounting principles generally accepted in the US, which may
differ from federal income tax regulations.
Current Distribution
% of the Current Distribution
Total Cumulative Distributions
for the Fiscal Year to Date
% of the Total Cumulative
Distributions for the Fiscal Year to Date
Net Income
$0.00000
0%
$0.00000
0%
Net Realized Short-Term Capital Gains
$0.00000
0%
$0.00000
0%
Net Realized Long-Term Capital Gains
$0.00000
0%
$0.00000
0%
Return of Capital
$0.10459
100%
$0.20918
100%
Total
$0.10459
100%
$0.20918
100%
Average annual total return (in relation
to NAV) for the 5-year period ending on January 31, 2024
9.58%
Annualized current distribution rate
expressed as a percentage of NAV as of January 31, 2024
7.13%
Cumulative total return (in relation to
NAV) for the fiscal year through January 31, 2024
-1.26%
Cumulative fiscal year distributions as a
percentage of NAV as of January 31, 2024
0.59%
You should not draw any conclusions about the Fund's investment
performance from the amount of this distribution or from the terms
of the Fund's Managed Distribution Policy.
The Fund estimates that it has distributed more than its net
investment income and net realized capital gains; therefore, a
portion of your distribution may be return of capital. A return of
capital may occur, for example, when some or all of the money that
you invested in the Fund is paid back to you. A return of capital
distribution does not necessarily reflect the Fund's investment
performance and should not be confused with "yield" or
"income."
The amounts and sources of distributions reported above are only
estimates and are not being provided for tax reporting purposes.
The actual amounts and sources of the amounts for tax reporting
purposes will depend upon the Fund's investment experience during
the remainder of its fiscal year and may be subject to changes
based on tax regulations. The Fund provides financial intermediary
firms the information necessary to produce the Form 1099-DIV, and
then the relevant financial intermediary firm will send you a Form
1099-DIV for the calendar year that will tell you how to report
these distributions for federal income tax purposes. If you have
any questions, or need additional information, please call us at
1-800-823-6300.
Portfolio data as of January 31, 2024, including performance,
asset allocation, top 10 holdings, sector weightings, regional
exposure, and other Fund characteristics have been posted on Lazard
Asset Management's ("LAM") website,
www.LazardAssetManagement.com.
The Fund's investment objective is total return, consisting of
capital appreciation and current income. The Fund's net assets are
invested in a portfolio of approximately 60 to 80 US and non-US
equity securities, including American Depository Receipts,
generally of companies with market capitalizations greater than $2
billion, and may include investments in emerging markets. The Fund
also invests in emerging market currencies (primarily by entry into
forward currency contracts), or instruments whose value is derived
from the performance of an underlying emerging market currency, and
also may invest in debt obligations, including government,
government agency and corporate obligations and structured notes
denominated in emerging market currencies.
An indirect subsidiary of Lazard Ltd (NYSE: LAZ), LAM, the
Fund's investment manager, offers a range of equity, fixed-income,
and alternative investment products worldwide. As of January 31,
2024, LAM and affiliated asset management companies in the Lazard
Group managed $243.8 billion worth of client assets. For more
information about LAM, please go to www.LazardAssetManagement.com.
Follow LAM at @LazardAsset.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240222523631/en/
Media: Zoe Butt, +44 20 7448 2802 zoe.butt@lazard.com Investor:
Ben Wulfsohn, +1 800 823 6300 ben.wulfsohn@lazard.com
Lazard Global Total Retu... (NYSE:LGI)
과거 데이터 주식 차트
부터 10월(10) 2024 으로 11월(11) 2024
Lazard Global Total Retu... (NYSE:LGI)
과거 데이터 주식 차트
부터 11월(11) 2023 으로 11월(11) 2024
