Lazard Global Total Return and Income:LGI

    Manage Alerts

    Overview

    As of 9/29/2023

     Share
    Price    		NAVPremium/
    Discount
    Current$13.84$16.04-13.72%
    52 Wk Avg$14.94$16.62-10.05%
    52 Wk High$16.48$17.97-5.07%
    52 Wk Low$13.07$14.38-15.52%
    Regular Distribution Type†Income Only
    Distribution Rate8.10%
    Distribution Amount$0.0934
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s investment objective is total return, consisting of capital appreciation and current income. The Fund’s net assets are invested in a portfolio of approximately 60 to 80 US and non-US equity securities, including American Depository Receipts, generally of companies with market capitalizations greater than $2 billion, and may include investments in emerging markets.

    Capital Structure

    As of 9/29/2023

    Total Investment Exposure:$235.903M
    Total Common Assets:$208.728M
    Common Shares Outstanding:13,012,942
    Leverage

    As of 9/29/2023

    Preferred Share Assets:
    Total Debt (USD): $27.175M
    Regulatory Leverage (USD): $27.175M
    Effective Leverage (USD): $27.175M
    Effective Leverage (%): 11.52%
    Annual Expense Ratios

    As of 12/31/2022

      Per Common Share
    Management Fees1.16%
    Other Expenses:0.43%
    Baseline Expense: N/A
    Interest Expense:0.31%
    Total: 1.90%
    Fund Management

    Fund Sponsor
    Lazard Freres Asset Management

    Portfolio Managers
    James M. Donald, Barnaby Wilson, Louis Florentin-Lee

    Basics
    Category: Equity-Global Equity
    Ticker: LGI
    NAV Ticker: XLGIX
    Average Daily Volume (shares): 35,339
    Average Daily Volume (USD): $0.527M
    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 9/29/2023

    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.

    to
    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 6/30/2023    		 $0.0428
    Annualized Distribution Rate on NAV:
    As of 9/29/2023    		6.99%
    Total Return on NAV (12 months):
    As of 9/29/2023    		18.41%
    Total % Portfolio Effectively Leveraged:
    As of 9/29/2023     		11.52%

    Pricing Information

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

    As of 10/2/2023

    PeriodAvg Discount
    6 Month-12.41%
    1 Year-10.05%
    3 Year-6.92%
    5 Year-8.64%
    Z-Score

    As of 9/29/2023

    PeriodZStat
    3 Month-0.48
    6 Month-0.95
    1 Year-1.38
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/30/2023
    Category: Morningstar US CEF Global Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-0.05%5.30%1.41%4.47%
    2022-20.51%-18.23%-19.68%-16.35%
    202124.64%18.34%22.88%12.89%
    202017.19%16.57%4.54%8.46%
    201930.25%27.60%28.86%22.23%
    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%  
    200936.94%26.95%  
    2008-44.39%-35.44%  
    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 9/30/2023
    Category: Morningstar US CEF Global Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 6/30/2023    		90
    Annual Portfolio Turnover:
    As of 12/31/2022    		15.00%
    Asset Allocation

    As of 6/30/2023

    Top Sectors

    As of 6/30/2023

    Sector%Portfolio
    Sensitive (Super Sector)38.62%
    Cyclical (Super Sector)26.73%
    Defensive (Super Sector)22.58%
    Technology16.77%
    Financial Services15.84%
    Industrials15.51%
    Consumer Defensive12.01%
    Consumer Cyclical10.89%
    Healthcare10.58%
    Government (Super Sector)6.87%
    Top Holdings

    As of 6/30/2023

    HoldingValue% Portfolio
    Microsoft Corp$10.12M3.99%
    Alphabet Inc Class A$8.26M3.26%
    Amazon.com Inc$6.99M2.76%
    Accenture PLC Class A$5.64M2.23%
    Wolters Kluwer NV$5.53M2.18%
    Secretaria Tesouro Nacional 10%$5.38M2.12%
    Aon PLC Class A$5.20M2.05%
    Thermo Fisher Scientific Inc$4.96M1.96%
    IQVIA Holdings Inc$4.77M1.88%
    Visa Inc Class A$4.68M1.85%
    Credit Quality

    As of 6/30/2023

    Maturity Breakdown

    As of 6/30/2023

    Country Allocation

    As of 6/30/2023

    Country% Portfolio
    United States - Equity50.76%
    United Kingdom - Equity5.93%
    Canada - Equity5.00%
    France - Equity4.44%
    Netherlands - Equity4.33%
    Switzerland - Equity3.62%
    Japan - Equity3.06%
    Brazil - Fixed Income2.73%
    Sweden - Equity1.76%
    Malaysia - Fixed Income1.76%
    Taiwan - Equity1.69%
    India - Equity1.29%
    Mexico - Fixed Income1.07%
    Hong Kong - Equity0.98%
    Spain - Equity0.96%
    China - Equity0.89%
    Denmark - Equity0.87%
    Finland - Equity0.86%
    Australia - Equity0.75%
    Germany - Equity0.75%
    South Africa - Fixed Income0.70%
    Indonesia - Fixed Income0.62%

    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.

    E-2949862P-E0623W

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