| Previous Close | 15.15 |
| Open | 15.27 |
| Bid | 15.17 x 800 |
| Ask | 15.25 x 800 |
| Day's Range | 15.18 - 15.26 |
| 52 Week Range | 12.40 - 18.85 |
| Volume | 8,946 |
| Avg. Volume | 24,338 |
| Market Cap | 145.808M |
| Beta (3Y Monthly) | 0.91 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.88 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.07 (6.90%) |
| Ex-Dividend Date | 2018-09-11 |
| 1y Target Est | N/A |
The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the “Fund”) (LGI) has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.08879 per share on the Fund’s outstanding common stock. Portfolio data as of March 29, 2019, 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.
Lazard World Dividend & Income Fund, Inc. (LOR) today announced that its Board of Directors has approved a conditional one-time tender offer to acquire, in exchange for cash, up to 20% of LOR's outstanding shares of common stock at a price equal to 98% of LOR's net asset value ("NAV") per share as of the close of regular trading on the New York Stock Exchange on the business day immediately following the day the offer expires (the "Offer"). The Offer is conditioned upon the prior approval by stockholders of each of LOR and Lazard Global Total Return and Income Fund, Inc. (LGI) (together with LOR, the "Funds") of the proposed reorganization of LOR into LGI (the "Reorganization"), which was announced publicly by press release dated November 13, 2018.
In the press release titled, “Lazard Global Total Return and Income Fund Monthly Distribution Declaration and Announcement of 2019 Annual Meeting of Stockholders,” issued on Friday, February 15, 2019 the assets under management figure for the Lazard Group in the last paragraph was incorrect.
The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the “Fund”) (LGI) has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.08879 per share on the Fund’s outstanding common stock. Portfolio data as of January 31, 2019, 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. Additionally, any notices required by Section 19(a) of the Investment Company Act of 1940, as amended, which provide information regarding the respective estimated amounts of each monthly distribution derived from net investment income, net realized capital gains (short- and long-term) and return of capital, will also be available on www.LazardAssetManagement.com.
Lazard Global Total Return and Income Fund, Inc. (the “Fund”) (LGI) is confirming today, pursuant to its level distribution policy, as previously authorized by its Board of Directors, a monthly distribution of $0.08879, equivalent to 7.0% (annualized) of the Fund’s net asset value per share as of the close of markets on December 31, 2018 on the Fund’s outstanding common stock. The Fund’s investment objective is total return, consisting of capital appreciation and current income.
The Boards of Directors of Lazard World Dividend & Income Fund, Inc. and Lazard Global Total Return and Income Fund, Inc. today approved a proposed reorganization of LOR into LGI, subject to certain conditions, regulatory reviews and required stockholder approvals.
The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the “Fund”) (LGI) has declared today a distribution of $1.01932 per share on the Fund’s outstanding common stock. The distribution includes the Fund’s regularly declared monthly dividend of $0.11556 and an additional distribution of $0.90376, of long-term capital gains. This distribution is in addition to the previously declared spillback distribution of $0.41769 per share on the Fund’s outstanding common stock, which has the same payable, record and ex-dividend dates.
Revised record and ex-dividend dates
The Board of Directors of Lazard Global Total Return and Income Fund has authorized the Fund to declare today a spillback distribution of $0.41769 per share on the Fund’s outstanding common stock.
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