Lazard Global Total Return and Income Fund, Inc. (LGI)
Lazard Global Total Return and Income Fund, Inc. operates in the Asset Management - Income industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $18.61, up 0.76% on the session, giving a market capitalisation of $242.2M. On trailing twelve-month figures it carries a trailing P/E of 7.27, a net margin of 235.2%. Its beta of 1.09 implies it has historically moved more than the broad market.
Managed by Lazard Asset Management LLC, the Lazard Global Total Return and Income Fund, Inc. operates as a closed-end, balanced mutual fund. Its investment mandate spans public equity and fixed income securities across global markets. A significant portion of its equity holdings consists of shares from large-capitalization companies, specifically those exceeding a $5 billion market value. For its fixed income allocation, the fund targets short-duration market forward currency contracts and various other market-based debt instruments. Portfolio construction relies on a combination of its global equity and emerging income strategies, employing fundamental analysis and a bottom-up stock-picking methodology. In evaluating individual securities, the management team assesses numerous criteria, including a company's financial health, cash flow generation, balance sheet robustness, return consistency, management caliber, competitive standing, susceptibility to economic and market fluctuations, profit margins, sales trajectories, brand recognition, geographic exposure, and the broader macroeconomic climate. Its portfolio performance is measured against the MSCI World Index. Established on January 27, 2004, the Lazard Global Total Return and Income Fund, Inc. is based in the United States.
Lazard Global Total Return and Income Fund, Inc. is most often compared with the following Financial Services names: