Bank CEOs meet with Trump to discuss Fannie Mae and Freddie Mac - Bloomberg
In a challenging market environment, Lazard (NYSE:LAZ) Global Total (EPA:TTEF) Return and Income Fund (LGI) stock has reached a 52-week low, dipping to $14.83. According to InvestingPro data, the fund currently offers an attractive dividend yield of 11.67% and has maintained dividend payments for 22 consecutive years. This latest price movement reflects a broader trend for the fund, which has experienced a 1-year change showing a decline of 8.26%. Investors are closely monitoring LGI as it navigates through the current economic landscape, marked by volatility and shifting investor sentiment. Trading at a P/E ratio of 13.25, the fund’s technical indicators suggest it may be in oversold territory. The fund’s performance over the past year has been closely tied to various macroeconomic factors and market dynamics, which continue to influence its valuation and investor outlook. For deeper insights and additional analysis, InvestingPro subscribers can access 8 more exclusive tips about LGI’s current market position.
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