Overview
Description
Lazard Global Total Return and Income Fund, Inc. is a diversified, closed-end management investment company focused on delivering a combination of capital appreciation and current income. The fund primarily invests its net assets in a global portfolio comprising approximately 60 to 80 equity securities from both U.S. and international companies, often including American Depository Receipts and exposures to firms with market capitalizations greater than $2 billion. A notable aspect of its strategy is the inclusion of investments in emerging market currencies—primarily via forward currency contracts—as well as debt obligations such as government and corporate bonds tied to emerging markets. By integrating global equities and emerging market instruments, the fund aims to provide diversified total returns. Managed by Lazard Asset Management, this fund plays a significant role in offering investors access to global growth opportunities while balancing income generation with risk through careful asset allocation across various regions and asset classes.
About
Instrument type
Closed-end fund
Country
United States
MIC code
XNAS