Shaker Financial Services LLC Acquires New Holdings in Lazard Global Total Return and Income Fund, Inc. $LGI

Shaker Financial Services LLC bought a new position in shares of Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 32,158 shares of the company’s stock, valued at approximately $561,000.

Several other large investors have also recently bought and sold shares of the company. Mezzasalma Advisors LLC grew its position in shares of Lazard Global Total Return and Income Fund by 1.9% during the 3rd quarter. Mezzasalma Advisors LLC now owns 31,748 shares of the company’s stock valued at $549,000 after purchasing an additional 602 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Lazard Global Total Return and Income Fund by 3.3% in the third quarter. NewEdge Advisors LLC now owns 20,182 shares of the company’s stock worth $349,000 after buying an additional 642 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Lazard Global Total Return and Income Fund by 4.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 21,209 shares of the company’s stock valued at $373,000 after buying an additional 1,000 shares during the period. Bank of America Corp DE boosted its stake in Lazard Global Total Return and Income Fund by 3.2% during the second quarter. Bank of America Corp DE now owns 33,039 shares of the company’s stock valued at $555,000 after buying an additional 1,024 shares during the period. Finally, Ameriprise Financial Inc. grew its position in Lazard Global Total Return and Income Fund by 8.3% during the second quarter. Ameriprise Financial Inc. now owns 14,613 shares of the company’s stock worth $246,000 after buying an additional 1,125 shares in the last quarter.

Lazard Global Total Return and Income Fund Stock Performance

Shares of NYSE LGI opened at $17.60 on Friday. The stock’s 50-day simple moving average is $17.83 and its two-hundred day simple moving average is $17.67. Lazard Global Total Return and Income Fund, Inc. has a twelve month low of $13.95 and a twelve month high of $19.88.

Lazard Global Total Return and Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Friday, April 10th will be paid a $0.1534 dividend. This represents a c) dividend on an annualized basis and a yield of 10.5%. The ex-dividend date of this dividend is Friday, April 10th.

Lazard Global Total Return and Income Fund Company Profile

The Lazard Global Total Return and Income Fund (NYSE: LGI) is a closed-end management investment company that seeks to provide its shareholders with an attractive level of current income and capital appreciation. Managed by Lazard Asset Management LLC, the fund pursues a global, multi-asset strategy that includes investments in common stocks, investment-grade and high-yield corporate bonds, emerging market debt, sovereign securities and convertible instruments. By blending equity and fixed-income exposures, LGI aims to generate a diversified income stream while managing volatility across market cycles.

Leveraging the research capabilities of Lazard’s global investment platform, the fund’s portfolio managers draw on in-house analysts and specialist teams located in North America, Europe and Asia.