LGI: A Worthy Global Fund To Add To Your Portfolio Today

Summary

  • Investors today are in desperate need of income due to the rapidly rising cost of living.
  • Lazard Global Total Return and Income Fund Inc invests in a portfolio of stocks from around the world to deliver a high level of income to investors.
  • The LGI closed-end fund has much more global diversification than most global funds, so it could be a way to increase the diversification of your overall portfolio.
  • The CEF recently cut its distribution, but it still yields 7.61% and this appears to be sustainable.
  • The fund is trading at a very attractive discount to the net asset value.
  • Looking for more investing ideas like this one? Get them exclusively at Energy Profits in Dividends. Learn More »

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arsenisspyros

Undoubtedly, one of the biggest problems facing the average American household today has been the incredibly high level of inflation in the economy. This has pushed up the cost of living across the nation, as evidenced by the consumer price index. The

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This article was written by

15.65K Followers

Power Hedge has been covering both traditional and renewable energy since 2010. He targets primarily international companies of all sizes that hold a competitive advantage and pay dividends with strong yields.

He is the leader of the investing group Energy Profits in Dividends where he focuses on generating income through energy stocks and CEFs while managing risk through options. He also provides micro and macro-analysis of both domestic and international energy companie. Learn more.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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