Lazard Global Total Return & Income Fund Inc (LGI): Christopher Snively , CFO of Lazard Global Total Return & Income Fund Inc purchased 514 shares on May 11, 2016. The Insider buying transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were purchased at $12.70 per share for a total value of $6,527.80 , the company said in a SEC Form 4 Filing.
Lazard Global Total Return and Income Fund Inc. (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is total return consisting of capital appreciation and income. The Fund invests in agriculture; alcohol and tobacco; automotive; banking; computer software; leisure and entertainment; insurance; metals and mining; pharmaceutical and biotechnology; retail; semiconductors and components; financial services; gas utilities and manufacturing. The other sectors in the portfolio include consumer discretionary consumer staples health care industrials energy materials and telecom services. The Fund invests in securities of foreign entities and in instruments denominated in foreign currencies. The Fund’s investment Manager is Lazard Asset Management LLC (Lazard).