Lazard Global Total Return and Income Fund, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
March 03, 2020 at 01:36 pm EST
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Lazard Global Total Return and Income Fund, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was USD 5.275 million. Net income was USD 42.339 million.
Lazard Global Total Return and Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fundâs investment objective is total return, consisting of capital appreciation and income. The Fund seeks to achieve its objective by investing in a portfolio of approximately 60-80 United States and non-United States equity securities, generally with a market cap of $2 billion or greater, at the time of purchase, and may invest in emerging markets. It seeks enhanced income by investing in short duration (typically below one year) emerging market forward currency contracts and other emerging market debt instruments. It invests in various sectors, including communication services, consumer discretionary, consumer staples, financials, healthcare, industrials, information technology, materials, sovereign debt and short-term investments.
LAZARD GLOBAL TOTAL RETURN AND INCOME FUND, INC. 
