Lazard World Dividend & Income Fund, Inc. Declares Monthly Distribution, Payable on February 23, 2016
January 21, 2016 at 01:53 am IST
Share
The Board of Directors of Lazard World Dividend & Income Fund Inc. has authorized the Fund to declare, pursuant to a level distribution policy, a monthly distribution of $0.05737 per share on the Fund's outstanding common stock. The distribution is payable on February 23, 2016 to shareholders of record on February 12, 2016. The ex-dividend date is February 10, 2016.
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. 
