Press release content from Business Wire. The AP news staff was not involved in its creation.
Related topics
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Lazard Global Total Return and Income Fund Announces New Monthly Distribution Amount

January 3, 2022 GMT

NEW YORK--(BUSINESS WIRE)--Jan 3, 2022--

Lazard Global Total Return and Income Fund, Inc. (the “Fund”) (NYSE:LGI) is confirming today, as previously authorized by its Board of Directors pursuant to a Managed Distribution Policy, a monthly distribution of $0.12473, equivalent to 7.0% (annualized) of the Fund’s net asset value per share as of the close of markets on December 31, 2021 on the Fund’s outstanding common stock. The distribution is payable on January 21, 2022 to shareholders of record on January 10, 2022. The ex-dividend date is January 7, 2022.

The Fund’s investment objective is total return, consisting of capital appreciation and current income. The Fund’s net assets are invested in a portfolio of approximately 60 to 80 US and non- US equity securities, including American Depository Receipts, generally of companies with market capitalizations greater than $2 billion, and may include investments in emerging markets. The Fund also invests in emerging market currencies (primarily by entry into forward currency contracts), or instruments whose value is derived from the performance of an underlying emerging market currency, and also may invest in debt obligations, including government, government agency and corporate obligations and structured notes denominated in emerging market currencies.


An indirect subsidiary of Lazard Ltd (NYSE: LAZ), Lazard Asset Management (“LAM”), the Fund’s investment manager, offers a range of equity, fixed-income, and alternative investment products worldwide. As of November 30, 2021, LAM and affiliated asset management companies in the Lazard Group managed $267.4 billion worth of client assets. For more information about LAM, please go to Follow LAM at @LazardAsset.

View source version on

CONTACT: Media contact:

Zoe Butt, +44 20 7448 2802

Investor contact:

Ben Wulfsohn, +1 800 828 5548



SOURCE: Lazard Global Total Return and Income Fund, Inc.

Copyright Business Wire 2022.

PUB: 01/03/2022 11:30 AM/DISC: 01/03/2022 11:32 AM