Lazard Global Total Return and Income Fund, Inc. Declares Monthly Distribution, Payable on May 22, 2023
April 24, 2023 at 02:53 pm EDT
Share
Lazard Global Total Return and Income Fund, Inc. confirmed that pursuant to its managed distribution policy, as previously authorized by its board of directors, a monthly distribution of $0.09339 per share on the fund's outstanding common stock. The distribution is payable on May 22, 2023, to shareholders of record on May 10, 2023. The ex-dividend date is May 9, 2023.
Lazard Global Total Return and Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fundâs investment objective is total return, consisting of capital appreciation and income. The Fund seeks to achieve its objective by investing in a portfolio of approximately 60-80 United States and non-United States equity securities, generally with a market cap of $2 billion or greater, at the time of purchase, and may invest in emerging markets. It seeks enhanced income by investing in short duration (typically below one year) emerging market forward currency contracts and other emerging market debt instruments. It invests in various sectors, including communication services, consumer discretionary, consumer staples, financials, healthcare, industrials, information technology, materials, sovereign debt and short-term investments.
LAZARD GLOBAL TOTAL RETURN AND INCOME FUND, INC. 
