digitalmazdoor digitalmazdoor The Lazard Global Total Return and Income Fund Inc ( NYSE: LGI ) is a closed-end fund, or CEF, that is designed to provide investors with both global diversification and a high level of income. The fact that this is a global fund will undoubtedly appeal to anyone who is seeking to reduce their exposure to the United States and especially the United States dollar. Recent projections from the Congressional Budget Office reveal how important it is to diversify your portfolio across nations and currencies, as these projections point to considerable fiscal deficits going forward that seem almost certain to reduce the strength of the U.
S. dollar compared to other currencies. Central banks all over the world have started to realize this, with central bank gold purchases setting a record in 2022 and almost matching that level in 2023.
The high fiscal deficits in the United States will also eventually crowd out the private sector and could result in better growth and investment opportunities elsewhere in the world. The global focus of the Lazard Global Total Return and Income Fund allows it to take advantage of the best investment opportunities available worldwide, instead of only those that are found in a single country. The fund does not disappoint in the income category either, as it boasts a 7.
56% yield at the current price. This is obviously substantially higher than the yield of the major American indices: Wall Street Journal As we can clearly see, .
