In a notable performance, Lazard (NYSE:LAZ) Global Total Return and Income Fund (LGI) stock reached a 52-week high, trading at $17.06. This peak reflects a significant uptrend for the investment company, which specializes in a diversified global portfolio. Over the past year, LGI has witnessed a commendable 1-year change, with an increase of 9.31% in its value. This surge underscores investor confidence and the fund's strong position in the market, as it adapts to global economic shifts and capitalizes on income-generating opportunities. The 52-week high milestone is a testament to LGI's strategic initiatives and its ability to deliver consistent returns to shareholders.
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