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LGI: Offers A Sustainable 11% Yield With A Caveat (Rating Downgrade) [Seeking Alpha]
Lazard Global Total Return and Income Fund (LGI)
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Source: Seeking Alpha
US:NYSE Investor Relations: lazardassetmanagement.com/us/en_us/funds/closed-end-funds/lazard-global-total-return-%26-income-fund%2c-inc./f19/s26
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LGI offers an 11% yield with monthly distributions, but its income sustainability depends heavily on favorable equity markets, especially technology sector performance.
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