LGI News and Press, Lazard Global Total Return and Income Fund From 12/17/20

Lazard Global Total Return & Income (LGI) just announced its managed distribution policy for next year. Based on its current net asset value (NAV), LGI fund investors could be looking at a 5.75% raise in their monthly distribution. One more reason to like this fund. For ...

Pursuant to distribution policy, Lazard Global Total Return and Income Fund (LGI) has has authorized the Fund to  declare a monthly distribution equal to, on an annualized basis, 7.0% of the Fund’s NAV per share as of the close of markets on Dec. 31, 2020.Payable Jan. 22; for...

Closed-end funds tend to be mostly thought of as income vehicles, but they are actually quite versatile and can play many roles in a portfolio. CEFs can be used to grow a portfolio over many years, or as an income vehicle, or even as an annuity if we are later in our investing career....

A recent question from a reader presents a good "teaching moment" for evaluating closed-end fund distributions, especially the sustainability of the payout in relation to the fund's underlying earnings. We compare MIN's total return over the past 5-10 years to see whether it supports ...

Multi-asset investing has grown dramatically in popularity during the last decade. This segment of the market has been relatively underserved by benchmark providers historically. Many multi-asset funds have operated without a formal benchmark or have relied on peer group approache...

Our "Hunker Down" portfolio is now about two months old and it's doing what it was designed to do. That is - generating a cash income that we hope is solid enough to continue through "thick and thin," whatever that turns out to be. Income up slightly, as one fund, FLC, increased i...

Lazard Global Total Return & Income Fund (LGI) declares $0.10646/share monthly dividend, in line with previous.Forward yield 8.08%Payable Nov. 23; for shareholders of record Nov. 12; ex-div Nov. 10.See LGI Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: ...

The Lazard Global Total Return & Income Fund (LGI) is a leveraged CEF focusing on global equities, with some smaller investments in emerging market debt and currencies. LGI, unlike the vast majority of its peers, has slightly outperformed comparable global equity index funds, while boastin...

The Income Factory® has gained a lot more acceptance from the mainstream investment community since I first developed and shared the strategy and ideas behind it here on Seeking Alpha over the past decade. But judging by comments and questions, many readers and followers still find it to ...

General equity CEFs are those focusing on U.S., global, and emerging market equities, but without a specific sector focus, and without the use of any hedging or covered call strategy. CEFs are one of the few ways investors can receive strong distributions from equity investments, and with st...