Lazard Global Total Return and Income:LGI

    Manage Alerts

    Overview

    As of 2/21/2020

     Share
    Price
    NAVPremium/
    Discount
    Current$16.66$18.44-9.65%
    52 Wk Avg$15.79$17.58-10.22%
    52 Wk High$16.90$18.73-7.91%
    52 Wk Low$14.53$16.58-12.02%
    Regular Distribution TypeIncome Only
    Distribution Rate7.67%
    Distribution Amount$0.1065
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    To achieve total return through capital appreciation and income by employing a global equity strategy (investing in a portfolio of approximately 60 to 100 non-US equity securities, including American Depository Receipts and emerging markets, with market capitalizations greater than $2 billion) and an emerging income strategy (investing in emerging market currencies or instruments whose value is derived from the performance of an underlying emerging market currency, but also may invest in various debt obligations denominated in emerging market currencies).

    Capital Structure

    As of 2/21/2020

    Total Investment Exposure:$260.984M
    Total Common Assets:$239.916M
    Common Shares Outstanding:13,010,610
    Leverage

    As of 12/31/2018

    Preferred Share Assets:
    Total Debt (USD): $21.068M
    Regulatory Leverage (USD): $21.068M
    Effective Leverage (USD): $21.068M
    Effective Leverage (%): 8.07%
    Annual Expense Ratios

    As of 12/31/2019

      Per Common Share
    Management Fees1.19%
    Other Expenses:0.28%
    Baseline Expense: N/A
    Interest Expense:0.35%
    Total: 1.82%
    Fund Management

    Fund Sponsor
    Lazard Freres Asset Management

    Portfolio Managers
    James M. Donald

    Basics
    Category: Equity-Global Equity
    Ticker: LGI
    NAV Ticker: XLGIX
    Average Daily Volume (shares): 30,729
    Average Daily Volume (USD): $0.490M
    Inception Date: 4/28/2004
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 2/21/2020

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 6/30/2019
    $0.1431
    Annualized Distribution Rate on NAV:
    As of 2/21/2020
    6.93%
    Total Return on NAV (12 months):
    As of 2/21/2020
    18.00%
    Avg. Portfolio Coupon:
    As of 2/21/2020
    8.03%
    Total % Portfolio Effectively Leveraged:
    As of 2/21/2020
    8.07%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 2/24/2020

    PeriodAvg Discount
    6 Month-10.26%
    1 Year-10.22%
    3 Year-9.48%
    5 Year-11.15%
    Z-Score

    As of 2/21/2020

    PeriodZStat
    3 Month0.72
    6 Month0.86
    1 Year0.82
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 2/21/2020
    Category: Morningstar US CEF Global Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD0.11%0.03%0.02%-1.41%
    201930.25%27.60%28.85%22.22%
    2018-10.22%-10.41%-17.84%-12.39%
    201739.37%33.26%27.44%22.37%
    201613.10%9.69%9.60%5.33%
    2015-10.56%-8.38%-9.26%-6.50%
    2014-3.61%-4.73%2.67%1.91%
    201324.71%21.39%16.52%17.77%
    201222.18%20.76%15.75%13.21%
    2011-4.50%-1.89%-10.45%-6.27%
    20108.94%4.11%7.33%10.27%
    200936.94%26.95%51.90%32.23%
    2008-44.39%-35.44%-44.82%-41.71%
    200711.43%9.78%  
    200635.87%24.20%  
    20052.32%3.11%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 2/21/2020
    Category: Morningstar US CEF Global Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 2/21/2020
    8.03%
    Number of Holdings:
    As of 12/31/2019
    95
    Annual Portfolio Turnover:
    As of 12/31/2019
    35.00%
    Asset Allocation

    As of 12/31/2019 reported by Fund Sponsor

    Top Sectors

    As of 12/31/2019 reported by Fund Sponsor

    Sector%Portfolio
    Sensitive (Super Sector)34.01%
    Defensive (Super Sector)28.77%
    Cyclical (Super Sector)23.99%
    Financial Services16.67%
    Consumer Defensive15.30%
    Technology14.39%
    Healthcare13.47%
    Government (Super Sector)12.80%
    Government12.80%
    Industrials10.44%
    Top Holdings

    As of 12/31/2019 reported by Fund Sponsor

    HoldingValue% Portfolio
    Egypt (Arab Republic of) 0%$8.96M3.37%
    Microsoft Corp$8.27M3.11%
    Thermo Fisher Scientific Inc$7.31M2.75%
    Malaysia (Government Of) 3.62%$7.25M2.73%
    Alphabet Inc A$7.08M2.66%
    Zoetis Inc Class A$6.36M2.39%
    Aon PLC$6.29M2.36%
    Wolters Kluwer NV$5.99M2.25%
    Coca-Cola Co$5.91M2.22%
    IQVIA Holdings Inc$5.90M2.22%
    Credit Quality

    As of 12/31/2019 reported by Fund Sponsor

    Maturity Breakdown

    As of 12/31/2019 reported by Fund Sponsor

    Country Allocation

    As of 12/31/2019 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity45.05%
    United Kingdom - Equity10.37%
    Others - Fixed Income5.37%
    Japan - Equity5.18%
    Canada - Equity4.70%
    Switzerland - Equity3.89%
    China - Equity3.39%
    Sweden - Equity2.83%
    Malaysia - Fixed Income2.73%
    Hong Kong - Equity2.53%
    Brazil - Fixed Income2.52%
    Netherlands - Equity2.25%
    Russia - Fixed Income1.60%
    South Africa - Equity1.35%
    Singapore - Equity1.23%
    Taiwan - Equity1.15%
    Israel - Equity1.10%
    Germany - Equity1.07%
    Belgium - Equity0.68%
    Indonesia - Fixed Income0.59%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-1014244PR-E1119W