Lazard World Dividend & Income Fund Declares Monthly Distribution
16 Agosto 2019 - 11:52AM
Business Wire
The Board of Directors of Lazard World Dividend & Income
Fund, Inc. (the “Fund”) (NYSE:LOR) has authorized the Fund
to declare today, pursuant to a level distribution policy, a
monthly distribution of $0.05799 per share on the Fund’s
outstanding common stock. The distribution is payable on September
23, 2019 to shareholders of record on September 12, 2019. The
ex-dividend date is September 11, 2019.
Portfolio data as of July 31, 2019, including performance, asset
allocation, top 10 holdings, sector weightings, regional exposure,
and other Fund characteristics have been posted on Lazard Asset
Management’s (“LAM”) website,
www.LazardAssetManagement.com. Additionally, any
notices required by Section 19(a) of the Investment Company Act of
1940, as amended, which provide information regarding the
respective estimated amounts of each monthly distribution derived
from net investment income, net realized capital gains (short- and
long-term) and return of capital, will also be available on
www.LazardAssetManagement.com.
The Fund’s investment objective is total return through a
combination of dividends, income and capital appreciation. The
Fund’s net assets are invested with a focus on the highest yielding
equity securities selected using the relative value strategy of LAM
and generally are a portfolio of approximately 60 to 100 US and
non-US equity securities, including American Depository Receipts,
of companies of any size consisting primarily of securities held by
other portfolios managed by LAM, including investments in emerging
markets. The Fund also invests in emerging market currencies
(primarily by entry into forward currency contracts), or
instruments whose value is derived from the performance of an
underlying emerging market currency, and also may invest in debt
obligations, including government, government agency and corporate
obligations and structured notes denominated in emerging market
currencies.
An indirect subsidiary of Lazard Ltd (NYSE: LAZ), LAM, the
Fund’s investment manager, offers a range of equity, fixed-income,
and alternative investment products worldwide. As of July 31, 2019,
LAM and affiliated asset management companies in the Lazard Group
managed $234.8 billion worth of client assets. For more information
about LAM, please go to www.LazardAssetManagement.com.
Follow LAM at @LazardAsset.
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version on businesswire.com: https://www.businesswire.com/news/home/20190816005381/en/
Media: Hillary Yaffe, +1 212 632 6528
hillary.yaffe@lazard.com
Investors: Ben Wulfsohn, +1 800 823 6300
ben.wulfsohn@lazard.com
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