LGILazard Global Total Return and Income Fund, Inc.
The schedule
- Tue15Sep
Annual evaluation of LGI's distribution rate for 2027, balancing current yield against NAV preservation.
- Wed21Oct
- Sun15Nov
Expected Board of Directors review of the fund's trading discount to NAV, potentially leading to share repurchases.
- Wed21Apr
Third-quarter earnings update providing visibility into late-year portfolio yield and currency positioning.
- Wed21Jul
Release of full-year 2026 earnings, detailing final tax characterizations and distribution coverage.
Past
- Sat15Aug
Actual outcome: Mixed
Lazard Global Total Return and Income Fund maintained its monthly distribution of $0.15340 per share, offering steady income to shareholders. With no significant updates provided regarding the anticipated leverage facility or portfolio rebalancing, the stock experienced a muted 0.5% price reaction and traded sideways.
Anticipated update on the fund's leverage facility or potential rights offering to rebalance its global asset mix.
- Wed22Jul
Actual outcome: Bull · $18.45 at outcome
LGI reported in-line EPS of $1.40 and confirmed its steady monthly distribution of $0.15340 per share. The fund's attractive yield and strategic positioning in global equities and AI supply chain beneficiaries resonated with investors, driving the stock steadily higher to surpass the $18.50 bull target by late August.
Release of Q2 2026 earnings and semi-annual N-CSR filing, detailing portfolio composition and net investment income.
- Mon15Jun
Actual outcome: Bull · $18.27 at outcome
Lazard Global Total Return and Income Fund confirmed its monthly distribution of $0.15340 per share in line with its Managed Distribution Policy. The steady payout reassured investors regarding the fund's yield sustainability and coverage, driving the stock steadily higher to eventually exceed the $18.30 bull target.
Lazard Global Total Return and Income Fund’s mid-year distribution declaration and updated undistributed net investment income (UNII) figures will signal how sustainable the current payout is given higher funding costs and recent NAV performance.
