Live Ownership Coverage: Lazard World Dividend & Income Fund Inc (NYSE:LOR) Sentiment Worsened, Because Uptrend

November 18, 2016 - By Ellis Scott   ·   0 Comments

Live Ownership Coverage: Lazard World Dividend & Income Fund Inc (NYSE:LOR) Sentiment  Worsened,  Because Uptrend

Sentiment for Lazard World Dividend & Income Fund Inc (NYSE:LOR)

Lazard World Dividend & Income Fund Inc (NYSE:LOR) institutional sentiment increased to 0.75 in 2016 Q2. Its up 0.06, from 0.69 in 2016Q1. The ratio increased, as 9 hedge funds started new and increased equity positions, while 13 decreased and sold holdings in Lazard World Dividend & Income Fund Inc. The hedge funds in our partner’s database now possess: 2.19 million shares, down from 2.25 million shares in 2016Q1. Also, the number of hedge funds holding Lazard World Dividend & Income Fund Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 10 Increased: 7 New Position: 2.

Lazard World Dividend & Income Fund, Inc. is a diversified, closed-end management investment company. The company has a market cap of $66.83 million. The Fund’s investment objective is total return through a combination of dividends, income and capital appreciation. It currently has negative earnings. The Fund’s net assets are invested in a portfolio of 60 to 90 world equity securities, consisting primarily of stocks selected from the holdings of other accounts managed by Lazard Asset Management LLC.

About 14,882 shares traded hands. Lazard World Dividend & Income Fund, Inc (NYSE:LOR) has risen 5.16% since April 18, 2016 and is uptrending. It has outperformed by 0.73% the S&P500.

Shaker Financial Services Llc holds 1.04% of its portfolio in Lazard World Dividend & Income Fund, Inc for 166,309 shares. Financial & Investment Management Group Ltd owns 187,941 shares or 0.52% of their US portfolio. Moreover, Cornerstone Advisors Inc has 0.35% invested in the company for 155,722 shares. The Texas-based Doliver Capital Advisors Inc. has invested 0.34% in the stock. Karpus Management Inc., a New York-based fund reported 520,875 shares.#img1#

LOR Company Profile

Lazard World Dividend & Income Fund, Inc. (the Fund), incorporated on April 6, 2005, 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’s equity portfolio is generally invested in 70 to 100 world equity securities, consisting primarily of the highest dividend-yielding stocks selected from the holdings of other accounts managed by the Fund’s investment manager, Lazard Asset Management LLC. The equity portfolio is diversified in both developed and emerging market countries and across the capitalization spectrum.

More notable recent Lazard World Dividend & Income Fund, Inc (NYSE:LOR) news were published by: Businesswire.com which released: “Lazard World Dividend & Income Fund Announces Stock Repurchase Program” on November 09, 2016, also Reuters.com with their article: “BRIEF-Lazard world dividend & income fund announces stock repurchase progr…” published on November 26, 2015, Nasdaq.com published: “Lazard Global Total Return and Income Fund (LGI) Ex-Dividend Date Scheduled …” on November 07, 2016. More interesting news about Lazard World Dividend & Income Fund, Inc (NYSE:LOR) were released by: Marketwatch.com and their article: “/quotes/zigman/3870025/realtime” published on October 14, 2009 as well as Quotes.Wsj.com‘s news article titled: “Lazard Ltd. LAZ (US: NYSE)” with publication date: February 11, 2011.

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By Ellis Scott


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