Lazard Global Total Return and Income Fund (LGI)
NYSE · ClosedEndFund · CUSIP 52106W103
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Security Profile

Security Type
Closed-End Fund
CUSIP
52106W103
Market Cap
Small Cap
IPO
4/29/2004 · $20.00/share
Parent Company
Lazard Ltd (LAZ)
Fund Description: Lazard Global Total Return and Income Fund is a diversified, closed-end management investment company. The Fund’s investment objective is total return, consisting of capital appreciation and income. The Fund will pursue its investment objective through a combination of two separate investment strategies that the Investment Manager has employed on behalf of private advisory or other accounts: a global equity strategy (since 1989) and an emerging income strategy (since 1995). The Investment Manager will seek to invest substantially all of the Fund’s Net Assets using the global equity strategy. The Investment Manager also will seek to obtain exposure to emerging market currencies using the emerging income strategy, but will limit such strategy to 331/3% or less of the Fund’s Total Leveraged Assets. Lazard Asset Management LLC is responsible for managing the Fund's portfolio.
Notes: December 3, 2019 -- Lazard World Dividend & Income Fund, Inc. (NYSE:LOR) and Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) (together with LOR, the "Funds") today announced that the merger of LOR with and into LGI, pursuant to an Agreement and Plan of Merger (the "Merger"), was consummated as of the close of business today. In the Merger, shares of LOR common stock were converted into shares of LGI common stock, based on the net asset value of each Fund as of the close of business on the Closing Date. The exchange ratio at which shares of LOR common stock were converted into shares of LGI common stock was 0.6185197244. The combined fund has retained the name "Lazard Global Total Return and Income Fund, Inc." and the "LGI" ticker symbol. LOR ceased trading as of the close of business today.

Company Contact

Headquarters
30 Rockefeller Plaza, 57th Floor, New York, NY 10112
Phone
800-821-6474 · Toll-Free 800-821-6474
Investor Relations
Ben Wulfsohn · 800-828-5548 · ben.wulfsohn@lazard.com
SEC EDGAR Filings
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