LGI News and Press, Lazard Global Total Return and Income Fund From 01/08/20

Lazard Global Total Return and Income Fund, Inc. (the “Fund”) (NYSE:LGI) is confirming today, pursuant to its level distribution policy, as previously authorized by its Board of Directors, a monthly distribution of $0.10646, equivalent to 7.0% (annualized) of the Fund’s...

Note: This article was released to Equity CEFs: Income + Opportunity subscribers on December 27th, 2019: Will 2020 be the year in which the debt bomb finally blows up? Will a socialist Democrat become this nation's next president? Will the Federal Reserve tap on the brakes and not ...

Lazard Global Total Return and Income Fund (NYSE: LGI ) board has authorized the Fund to declare, a monthly distribution equal to, on an annualized basis, 7.0% of the Fund’s NAV/share as of the close of markets on Dec. 31, 2019. Payable Jan. 23; for shareholders of record Jan. 13;...

Our weekly commentary goes out each Sunday evening and discusses the relevant CEF news on the week along with general market action. This report was issued on December 8 th to members of Yield Hunting. Macro Picture Last week we saw trade hopes spur the equity markets to new record ...

This past Wednesday, the Lazard World Dividend & Income fund ( LOR ) finally merged into the Lazard Global Total Return & Income fund ( LGI ) , $15.89 current market price, $17.63 NAV, -9.9% discount, 6.7% current market yield, creating a roughly $250 million fund. For disclosur...

Lazard World Dividend & Income Fund, Inc. (NYSE: LOR) and Lazard Global Total Return and Income Fund, Inc. (NYSE: LGI) (together with LOR, the "Funds") today announced that the merger of LOR with and into LGI, pursuant to an Agreement and Plan of Merger (the "Merger"), was consummated...

Over the next week or so, we'll hear declarations for December distributions from many equity CEFs. Some fund sponsors have already declared for December and some have even declared for 2020 depending on their declaration schedule and declaration period covered. And though its not a given th...

Lazard World Dividend & Income Fund, Inc. (NYSE: LOR) and Lazard Global Total Return and Income Fund, Inc. (NYSE: LGI) (together with LOR, the "Funds") today announced that holders of a majority of each Fund's outstanding shares of common stock have approved the proposal to merge LOR ...

Lazard World Dividend & Income Fund, Inc. (NYSE: LOR) and Lazard Global Total Return and Income Fund, Inc. (NYSE: LGI) (together with LOR, the "Funds") today announced the voting results of certain of the proposals voted on at the Funds' 2019 Joint Annual Meeting of Stockholders (the ...

Here are my Top Picks for 2019 in an article which came out on Jan. 2 of this year. My five top picks are shown below with their year-to-date total return market price performances through yesterday, Sept. 30, 2019. Total return includes all distributions. For comparison, the S&...