Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) Shares Sold by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC reduced its position in Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) by 12.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,259 shares of the company’s stock after selling 3,600 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Lazard Global Total Return and Income Fund were worth $404,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Stifel Financial Corp grew its holdings in shares of Lazard Global Total Return and Income Fund by 9.6% during the 3rd quarter. Stifel Financial Corp now owns 83,928 shares of the company’s stock worth $1,522,000 after purchasing an additional 7,328 shares during the period. Wolverine Asset Management LLC purchased a new position in shares of Lazard Global Total Return and Income Fund during the 4th quarter worth $779,000. Mezzasalma Advisors LLC purchased a new position in shares of Lazard Global Total Return and Income Fund during the 4th quarter worth $512,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Lazard Global Total Return and Income Fund during the 3rd quarter worth $260,000. Finally, Benjamin Edwards Inc. purchased a new position in shares of Lazard Global Total Return and Income Fund during the 3rd quarter worth $1,469,000.

Lazard Global Total Return and Income Fund Trading Down 1.6 %

NYSE LGI opened at $15.37 on Friday. Lazard Global Total Return and Income Fund, Inc. has a twelve month low of $14.84 and a twelve month high of $18.23. The stock has a fifty day simple moving average of $16.38 and a 200-day simple moving average of $16.80.

Lazard Global Total Return and Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, March 21st. Stockholders of record on Monday, March 10th will be issued a dividend of $0.1465 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 11.44%. The ex-dividend date is Monday, March 10th.

About Lazard Global Total Return and Income Fund

Lazard Global Total Return and Income Fund, Inc is a closed ended balanced mutual fund launched and managed by Lazard Asset Management LLC. It invests in public equity and fixed income markets across the globe. The fund primarily invests in stocks of companies with market capitalization over $5 billion.