Lazard Global Total Return and Income Fund (LGI) Soars 0.62% on Strong Portfolio Performance

Lazard Global Total Return and Income Fund (LGI) rose 0.62% today, marking its fourth consecutive day of gains, with a total increase of 1.43% over the past four days. The share price reached its highest level since March 2025, with an intraday gain of 0.74%.

The strategy of buying LGI shares after they reached a recent high and holding for one week resulted in a 5.23% return over the past five years, compared to a benchmark return of 50.09%. The strategy's Sharpe ratio was 0.13, with a maximum drawdown of -19.67% and a volatility of 16.45%. The CAGR was 2.15%.

Lazard Global Total Return and Income Fund has been experiencing a period of positive momentum, driven by a combination of factors including strong performance in its investment portfolio and favorable market conditions. The fund's management team has been actively rebalancing its holdings to capitalize on emerging opportunities, which has contributed to its recent gains.

Investors have shown renewed interest in the fund, attracted by its consistent dividend payments and potential for capital appreciation. The fund's diversified investment strategy, which includes exposure to both developed and emerging markets, has helped to mitigate risks and enhance returns. Additionally, the fund's focus on income-generating assets has provided a steady stream of revenue, further bolstering investor confidence.

Looking ahead, the fund's management team remains optimistic about its prospects, citing a supportive economic environment and continued growth in key sectors. However, they also acknowledge the potential for market volatility and are committed to maintaining a disciplined investment approach to navigate any challenges that may arise. Overall, Lazard Global Total Return and Income Fund appears well-positioned to continue delivering strong performance for its investors.