Lazard World Dividend & Income Fund, Inc. Confirms Monthly Distribution, Payable on January 23, 2017
January 03, 2017 at 11:53 pm IST
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Lazard World Dividend & Income Fund Inc. confirmed, pursuant to its level distribution policy, as previously authorized by its board of directors, a monthly distribution of $0.06045, equivalent to 6.5% (annualized) of the fund’s net asset value per share as of the close of markets on December 30, 2016 on the fund’s outstanding common stock. The distribution will be payable on January 23, 2017 to shareholders of record on January 12, 2017. The ex-dividend date is January 10, 2017.
Lazard World Dividend & Income Fund, Inc. is a diversified, closed-end management investment company. The Fund's investment objective is total return through a combination of dividends, income and capital appreciation. The Fund will pursue this objective through a world equity strategy and a short-term emerging markets and debt strategy. It will invest substantially all of its net assets in between 60 to 90 world equity securities and less of the assets in short-term, emerging market forward currency contracts and other emerging markets debt instruments. The Fund invests in various sectors, including consumer discretionary, consumer staples, semiconductors and components, energy, banking, media, insurance, housing, financials, healthcare, industrials, information technology, materials, telecommunication services, utilities, sovereign debt and short-term investment. The Fund's investment manager is Lazard Asset Management LLC.
LAZARD WORLD DIVIDEND & INCOME FUND INC. 
