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Monthly Distribution Announcement by Lazard Global Total Return and Income Fund

On February 23, 2026, the Lazard Global Total Return and Income Fund, Inc. (NYSE: LGI) confirmed a monthly distribution amounting to $0.15340 per share. This decision, in accordance with the Fund's Managed Distribution Policy established by its Board of Directors, signifies the Fund’s ongoing commitment to providing returns to its shareholders.

Distribution Details

The distribution is expected to be payable on March 23, 2026, to shareholders on record as of March 10, 2026. Notably, the ex-dividend date is also set for March 10, 2026. This monthly provision is part of a systematic approach to fund distribution, providing investors with a steady income stream that reflects the Fund’s performance and fiscal strategies.

Sources of Distribution

The Fund has outlined the estimated sources of the distribution as follows:

• - Net Investment Income: $0.00443 (3%)
• - Net Realized Short-Term Capital Gains: $0 (0%)
• - Net Realized Long-Term Capital Gains: $0.04971 (32%)
• - Return of Capital: $0.09926 (65%)

Combined, these amounts make up the total distribution of $0.15340 per share, which also highlights that a significant portion is attributed to the return of capital. This indicates a distribution of funds back to shareholders that may reflect prior investments rather than direct income from earnings.

Fund Performance Insights

As of January 31, 2026, the Fund reported an average annual total return of 8.46%, measured against the Net Asset Value (NAV). Additionally, the annualized current distribution rate is documented at 9.76%. For context, the cumulative total return recorded for the fiscal year through January 31, 2026, stands at 3.44%, with cumulative distributions at 0.81% relative to NAV.

Investors are encouraged to interpret these figures cautiously, as they do not exclusively determine investment performance based solely on distribution amounts. The Fund’s estimates indicate that it has dispensed more than just its net investment income alongside net realized capital gains in recent fiscal activities.

Future Projections

It's essential for shareholders to recognize that these distribution amounts, while outlined, are estimations. The final allocations can alter based on the Fund’s investments experiences and fiscal policy changes throughout the remaining fiscal year. Investors will receive information necessary for tax reporting purposes (Form 1099-DIV) provided through their financial intermediary.

Fund Objectives

The investment objective of the Lazard Global Total Return and Income Fund centers on capital appreciation combined with generating current income. The assets of the Fund are diversified across approximately 60 to 80 equity securities, both domestic and international, primarily focusing on companies with substantial market capitalizations exceeding $2 billion. This portfolio strategy may include various instruments linked to emerging market currencies, government obligations, and structured notes.

Overall, Lazard Asset Management, the firm managing the Fund, oversees assets amounting to $267 billion, showcasing a strong market presence and expert management capabilities. Investors seeking detailed reports on performance and asset allocation are encouraged to visit Lazard’s official website for the latest updates.