Lazard World Dividend & Income Fund Declares Monthly Distribution
15 Mai 2019 - 4:24PM
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 June 24,
2019 to shareholders of record on June 12, 2019. The ex-dividend
date is June 11, 2019.
Portfolio data as of April 30, 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 April 30,
2019, LAM and affiliated asset management companies in the Lazard
Group managed $239.6 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/20190515005630/en/
Media:Hillary Yaffe, +1 212 632 6528hillary.yaffe@lazard.comInvestor:Ben Wulfsohn, +1
800 823 6300ben.wulfsohn@lazard.com
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