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Lazard Global Total Return and Income Fund Announces Monthly Distribution

Lazard Global Total Return and Income Fund, Inc. recently confirmed its monthly distribution amounting to $0.15340 per share for its outstanding common stock. This announcement was made on June 23, 2026, under its Managed Distribution Policy approved by the Board of Directors. Shareholders on record as of July 10, 2026, will be eligible to receive this distribution on July 22, 2026, with the ex-dividend date also falling on July 10.

In this context, the Fund aims to clarify the sources of its distributions, providing investors with insights into its financial health and performance. The following breakdown outlines the estimated sources of the distribution:


This distribution structure shows that a significant 84% originates from long-term capital gains, indicating a favorable performance from investments held over a lengthier term. Notably, the data suggests that the Fund has distributed more than its net investment income and realized capital gains, implying that some distributions may involve a return of capital, which does not equate to yield or income.

Moreover, the average annual total return (regarding NAV) for the five-year span ending May 31, 2026, stands at an impressive 5.71%. The annualized current distribution rate, relative to the NAV as of the end of May, is recorded at 10.17%. Furthermore, the cumulative total return for the fiscal year thus far up to May 31, 2026, is noted at 2.75%.

It’s crucial for shareholders not to equate the announced distribution amount with the performance of the Fund itself. The figures presented pertain only to estimates, as actual amounts and sources of distributions will be contingent on the Fund's investment activities for the remainder of the fiscal year—subject to alteration in response to tax regulations.

The Lazard Fund implements a diversified investment strategy, directing its net assets into a range of approximately 60 to 80 equity securities, encompassing both U.S. and international companies, each typically exceeding a market capitalization of $2 billion. Investments can extend to emerging markets and currencies, enhancing the diversity and potential return on investments.

For further details regarding portfolio performance, asset allocation, major holdings, and sector weightings, investors can visit Lazard Asset Management's website at www.LazardAssetManagement.com. As of the latest figures, Lazard Asset Management, along with its affiliated firms, manages approximately $284.8 billion in client assets, evidencing its robust presence in the asset management domain.

For questions or more information on the Fund, investors and interested individuals are encouraged to reach out to the provided contact persons at Lazard for assistance. Investor relations ensure all inquiries are addressed proficiently, reinforcing the Fund's commitment to transparency and investor support.