Lazard Global Total Return & Income Fund

LGI

Market cap $233M

Lazard Global Total Return and Income Fund earns a Hold rating due to underperformance versus SPY and unreliable growth alpha. LGI's active strategy fails to deliver consistent total return or defensive ballast, with payouts heavily reliant on capital appreciation. Despite double-digit yields and some tax advantages, LGI's income distributions pressure NAV and show significant return of capital in weak markets.

Lazard Global Total Return and Income Fund is a leveraged, global equity-driven CEF with distributions primarily from NAV growth and capital gains. LGI's 10% distribution rate is not income-driven; payouts fluctuate with market conditions and are often funded by realized gains rather than net investment income. Despite strong long-term NAV performance, LGI trades at a 5.64% discount due to market skepticism about equity-driven distributions.

NEW YORK--(BUSINESS WIRE)--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 $0.1534, equivalent to 10% (annualized) of the Fund's net asset value per share as of the close of markets on December 31, 2025 on the Fund's outstanding common stock. The distribution is payable on January 22, 2026 to shareholders of record on January 12, 2.

NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14770 per share on the Fund's outstanding common stock. The distribution is payable on January 22, 2026, to shareholders of record on January 12, 2026. The ex-dividend date is January 12, 2026. The Fund will pay a previously declared distribution today.

NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14770 per share on the Fund's outstanding common stock. The distribution is payable on December 23, 2025, to shareholders of record on December 11, 2025. The ex-dividend date is December 11, 2025. The Fund will pay a previously declared distribution to.

LGI is a global equity fund that boasts an attractive 10.02% current yield. The fund is one of the few global funds that has managed to outperform the ACWI over the past decade. Equities should prove to be vastly better than fixed-income assets going forward given the Fed's apparent abandonment of its 2% inflation mandate.

NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14646 per share on the Fund's outstanding common stock. The distribution is payable on November 24, 2025, to shareholders of record on November 12, 2025. The ex-dividend date is November 12, 2025. The Fund will pay a previously declared distribution to.

NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14646 per share on the Fund's outstanding common stock. The distribution is payable on October 22, 2025, to shareholders of record on October 10, 2025. The ex-dividend date is October 10, 2025. The Fund will pay a previously declared distribution today.

NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14646 per share on the Fund's outstanding common stock. The distribution is payable on September 22, 2025, to shareholders of record on September 11, 2025. The ex-dividend date is September 11, 2025. The Fund will pay a previously declared distribution.

LGI is a strong choice for retirees seeking high, tax-efficient monthly income without needing to sell shares, offering a 10.2% yield. The fund's blended global portfolio of quality equities and emerging market debt supports capital preservation and competitive long-term total returns. LGI's consistent distributions, focus on tax efficiency, and potential for supplemental payouts make it attractive despite a narrower discount to NAV.