Lazard Global Total Return and Income Fund, Inc. (LGI)
NYSE: LGI · IEX Real-Time Price · USD
16.94
+0.19 (1.13%)
Jul 3, 2024, 1:00 PM EDT - Market closed

Company Description

Lazard Global Total Return and Income Fund, Inc. is a closed ended balanced mutual fund launched and managed by Lazard Asset Management LLC.

It invests in public equity and fixed income markets across the globe. The fund primarily invests in stocks of companies with market capitalization over $5 billion.

It makes its fixed income investments in short duration market forward currency contracts and other market debt instruments.

The fund typically employs fundamental analysis with a bottom-up stock picking approach using its global equity strategy and emerging income strategy to create its portfolio.

It considers factors like financial condition, cash flows, strong balance sheets, sustainability of returns, quality of management, competitive position, sensitivity to economic and market cycles, margin and sales trends, brand name strength, geographical breakdown, and macro environment for selecting individual securities.

The fund benchmarks the performance of its portfolio against the MSCI World Index. Lazard Global Total Return and Income Fund, Inc. was formed on January 27, 2004 and is domiciled in the United States.

Lazard Global Total Return and Income Fund, Inc.
Lazard Global Total Return and Income Fund logo
Country United States
Founded 2004
Industry Asset Management
Sector Financials
CEO Charles Laurence Carroll

Contact Details

Address:
30 Rockefeller Plaza
New York, New York 10112
United States
Phone (212) 632-6000

Stock Details

Ticker Symbol LGI
Exchange NYSE
Reporting Currency USD
CIK Code 0001278211
CUSIP Number 52106W103
ISIN Number US52106W1036