LAM

Scientists at the GIST Propose a Non-invasive Approach to Estimating Lithium-ion Battery Degradation

Retrieved on: 
Wednesday, February 23, 2022

Consequently, there is a need for diagnosing battery health reliably to prevent accidents from unexpected operational issues.

Key Points: 
  • Consequently, there is a need for diagnosing battery health reliably to prevent accidents from unexpected operational issues.
  • Lithium-ion batteries lie at the heart of all modern electronics and are now being increasingly implemented in electric vehicles.
  • The most widely used among them is the incremental capacity-differential voltage (IC-DV) analysis because of its good correlation with the degradation modes.
  • Title of original paper: Rapid determination of lithium-ion battery degradation: High C-rate

Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in January

Retrieved on: 
Tuesday, February 22, 2022

The Fund estimates that it has distributed more than its net investment income and net realized capital gains; therefore, a portion of your distribution may be return of capital.

Key Points: 
  • The Fund estimates that it has distributed more than its net investment income and net realized capital gains; therefore, a portion of your distribution may be return of capital.
  • A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you.
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income".
  • The amounts and sources of distributions reported above are only estimates and are not being provided for tax reporting purposes.

Lazard Global Total Return and Income Fund Declares Monthly Distribution

Retrieved on: 
Friday, January 21, 2022

The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the Fund) (NYSE:LGI) has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.12473 per share on the Funds outstanding common stock.

Key Points: 
  • The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the Fund) (NYSE:LGI) has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.12473 per share on the Funds outstanding common stock.
  • The distribution is payable on February 22, 2022 to shareholders of record on February 9, 2022.
  • The Funds investment objective is total return, consisting of capital appreciation and current income.
  • As of December 31, 2021, LAM and affiliated asset management companies in the Lazard Group managed $273.7 billion worth of client assets.

Lazard Global Total Return and Income Fund Announces New Monthly Distribution Amount

Retrieved on: 
Monday, January 3, 2022

Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, as previously authorized by its Board of Directors pursuant to a Managed Distribution Policy, a monthly distribution of $0.12473, equivalent to 7.0% (annualized) of the Fund's net asset value per share as of the close of markets on December 31, 2021 on the Fund's outstanding common stock.

Key Points: 
  • Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, as previously authorized by its Board of Directors pursuant to a Managed Distribution Policy, a monthly distribution of $0.12473, equivalent to 7.0% (annualized) of the Fund's net asset value per share as of the close of markets on December 31, 2021 on the Fund's outstanding common stock.
  • The distribution is payable on January 21, 2022 to shareholders of record on January 10, 2022.
  • The Fund's investment objective is total return, consisting of capital appreciation and current income.
  • An indirect subsidiary of Lazard Ltd (NYSE: LAZ), Lazard Asset Management ("LAM"), the Fund's investment manager, offers a range of equity, fixed-income, and alternative investment products worldwide.

Lazard Global Total Return and Income Fund, Inc.

Retrieved on: 
Wednesday, December 22, 2021

Lazard Global Total Return and Income Fund, Inc. (NYSE: LGI) (the "Fund") announced today that the Board of Directors of the Fund has elected that the Fund be subject to the Maryland Control Share Acquisition Act (the "MCSAA"), effective immediately.

Key Points: 
  • Lazard Global Total Return and Income Fund, Inc. (NYSE: LGI) (the "Fund") announced today that the Board of Directors of the Fund has elected that the Fund be subject to the Maryland Control Share Acquisition Act (the "MCSAA"), effective immediately.
  • The Board believes that electing to be subject to the MCSAA protects the interests of the Fund and its stockholders.
  • 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 November 30, 2021, LAM and affiliated asset management companies in the Lazard Group managed $267.4 billion worth of client assets.

Lazard Global Total Return and Income Fund Announces Monthly Distribution

Retrieved on: 
Friday, December 17, 2021

The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) today authorized the declaration, pursuant to a Managed Distribution Policy, a monthly distribution equal to, on an annualized basis, 7.0% of the Fund's net asset value per share as of the close of markets on December 31, 2021 on the Fund's outstanding common stock.

Key Points: 
  • The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) today authorized the declaration, pursuant to a Managed Distribution Policy, a monthly distribution equal to, on an annualized basis, 7.0% of the Fund's net asset value per share as of the close of markets on December 31, 2021 on the Fund's outstanding common stock.
  • The distribution is payable on January 21, 2022 to shareholders of record on January 10, 2022.
  • The Fund's investment objective is total return, consisting of capital appreciation and current income.
  • As of November 30, 2021, LAM and affiliated asset management companies in the Lazard Group managed $267.4 billion worth of client assets.

Lazard Global Total Return and Income Fund Declares Year-End Distribution

Retrieved on: 
Friday, December 17, 2021

The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) declared today a distribution of $0.59267 per share on the Fund's outstanding common stock.

Key Points: 
  • The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) declared today a distribution of $0.59267 per share on the Fund's outstanding common stock.
  • Inclusive of today's declared distribution, the cumulative distributions for the Fund's fiscal year ending December 31, 2021 total $1.97 per share.
  • A return of capital would indicate that the Fund has distributed more than its income and capital gains and occurs when some or all of your Fund investment is paid back to you.
  • The Fund's investment objective is total return, consisting of capital appreciation and current income.

Koen Popleu and Monika Kumar Join Lazard Asset Management

Retrieved on: 
Wednesday, December 1, 2021

Lazard Asset Management (LAM) today announced an expansion of its sustainable investment capabilities with the appointment of Koen Popleu and Monika Kumar as portfolio managers, effective immediately.

Key Points: 
  • Lazard Asset Management (LAM) today announced an expansion of its sustainable investment capabilities with the appointment of Koen Popleu and Monika Kumar as portfolio managers, effective immediately.
  • As of September 30, 2021, LAM and affiliated asset management companies in the Lazard Group managed $272.6 billion worth of client assets.
  • This document reflects the views of Lazard Asset Management LLC or its affiliates (Lazard) based upon information believed to be reliable as of the publication date.
  • This document is provided by Lazard Asset Management LLC or its affiliates (Lazard) for informational purposes only.

Lazard Global Total Return and Income Fund Declares Monthly Distribution

Retrieved on: 
Friday, November 19, 2021

The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the Fund) (NYSE:LGI) has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.11512 per share on the Funds outstanding common stock.

Key Points: 
  • The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the Fund) (NYSE:LGI) has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.11512 per share on the Funds outstanding common stock.
  • The distribution is payable on December 22, 2021 to shareholders of record on December 9, 2021.
  • The Funds investment objective is total return, consisting of capital appreciation and current income.
  • As of October 31, 2021, LAM and affiliated asset management companies in the Lazard Group managed $279.7 billion worth of client assets.

Lazard Asset Management Launches US Systematic Small Cap Equity Portfolio

Retrieved on: 
Thursday, November 4, 2021

Lazard Asset Management LLC (LAM) today announced the launch of the Lazard US Systematic Small Cap Equity Portfolio (Institutional: LUSIX; Open: LUSOX) (the Fund), a US mutual fund managed by the Lazard US Systematic Equity team.

Key Points: 
  • Lazard Asset Management LLC (LAM) today announced the launch of the Lazard US Systematic Small Cap Equity Portfolio (Institutional: LUSIX; Open: LUSOX) (the Fund), a US mutual fund managed by the Lazard US Systematic Equity team.
  • The Lazard US Systematic Equity team is comprised of Oren Shiran, Stefan Tang, and Seavan Sternheim, who joined LAM in 2019 and have worked together since 2013.
  • The Fund will follow the same long-only investment approach as the existing US Systematic Small Cap Equity strategy, which launched in 2015.
  • Our US Systematic Small Cap Equity Portfolio harnesses both technology and Lazards well-established expertise in fundamentally driven investing to offer investors access to this underappreciated opportunity.