Lazard Global Total Return and Income Fund (NYSE:LGI) Stock Breaks Below 50 Day Moving Average – Should You Sell?

Posted by Stanley Muller on Oct 23rd, 2026

Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI – Get Free Report) passed below its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $17.58 and traded as low as $16.56. Lazard Global Total Return and Income Fund shares last traded at $16.7450, with a volume of 56,090 shares changing hands.

Lazard Global Total Return and Income Fund Trading Down 0.8%

The company has a fifty day simple moving average of $17.50 and a 200 day simple moving average of $17.80.

Lazard Global Total Return and Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, November 24th. Investors of record on Tuesday, November 10th will be paid a dividend of $0.1534 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $1.84 annualized dividend and a yield of 11.2%.

Institutional Trading of Lazard Global Total Return and Income Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of LGI. Western Wealth Management LLC bought a new position in Lazard Global Total Return and Income Fund in the 1st quarter valued at about $47,000. Integrated Wealth Concepts LLC bought a new position in shares of Lazard Global Total Return and Income Fund in the second quarter worth approximately $115,000. CoreCap Advisors LLC raised its position in shares of Lazard Global Total Return and Income Fund by 3.9% during the 2nd quarter. CoreCap Advisors LLC now owns 15,815 shares of the company’s stock valued at $292,000 after buying an additional 600 shares in the last quarter. Bank of America Corp DE boosted its stake in Lazard Global Total Return and Income Fund by 2.3% in the first quarter. Bank of America Corp DE now owns 31,799 shares of the company’s stock worth $512,000 after buying an additional 726 shares in the last quarter. Finally, Shaker Financial Services LLC bought a new stake in Lazard Global Total Return and Income Fund in the third quarter worth $873,000.

About Lazard Global Total Return and Income Fund

(Get Free Report)

Lazard Global Total Return and Income Fund (NYSE:LGI) is a diversified closed-end investment fund advised by Lazard Asset Management. Rather than operating as a traditional company, the fund invests in a global portfolio of securities with the objective of providing total return through a combination of current income and long-term capital appreciation.

The fund may invest across international markets and asset classes, including equity and fixed-income securities. Its portfolio can include securities issued by companies and governments in the United States and other countries, giving shareholders exposure to a range of geographies, industries and currencies.