LGI's Global Mandate Fails To Deliver Growth Or Defense Consistently

2026-01-12 23:08:53 ET

The Lazard Global Total Return and Income Fund Inc ( LGI ) has benefited over the past 5 years from an unprecedented bull run in the equity markets. This regime has meant that NAV has held up over a 5-year period, despite a healthy double-digit yield. However, even in this conducive regime, it has lagged SPY (a broader market growth equity equivalent)....

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