The Lazard Global Total Return and Income Fund (LGI) offers a 10.76% distribution yield and currently trades at a 6.7% discount to its net asset value (NAV). The fund holds a concentrated global equity portfolio with significant exposure to Information Technology and Financial sectors, alongside tactical emerging market currency and debt strategies. LGI targets a 10% annual payout of NAV through its managed distribution policy, providing steady monthly income primarily as ordinary income. Despite a reduced discount capture alpha compared to 2016, LGI remains a solid choice for investors seeking consistent cash flow, with peers like ETG and AGD also considered attractive options.
The Lazard Global Total Return and Income Fund (LGI) is noted here with a 10.76% distribution yield and a 6.7% discount to NAV. For readers following the Financials sector, here is Pluang's market snapshot as of Oct 13, 2026 20:51 WIB: out of 118 priced Financials-sector US stocks, 59 rose and 57 fell. Notable movers include HUT at USD 80.92 with a 5.07% decline and 93% sell order activity, RIOT at USD 15.77 down 4.25%, and MARA at USD 9.08 down 3.81%.
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