Lazard Global Total Return & Income Fund

LGI

Market cap $236M

NEW YORK, May 22, 2026 /PRNewswire/ -- 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 $0.15340 per share on the Fund's outstanding common stock. The distribution is payable on June 23, 2026, to shareholders of record on June 10, 2026.

Lazard Global Total Return & Income Fund offers a 10.5% yield and trades at a slight discount to NAV, making it attractive for income-focused investors. LGI provides diversification via a blend of global equities (68%) and emerging market debt/currencies (30%), supporting steady monthly distributions. The fund's new managed distribution policy targets a 10% annualized payout of NAV, aiming for reliability despite market volatility.

NEW YORK, April 22, 2026 /PRNewswire/ -- 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 $0.15340 per share on the Fund's outstanding common stock. The distribution is payable on May 22, 2026, to shareholders of record on May 11, 2026.

Lazard Global Total Return & Income Fund (LGI) is downgraded to Hold due to its elevated premium to NAV and structural reliance on net realized gains. LGI offers an 11% yield with monthly distributions, but its income sustainability depends heavily on favorable equity markets, especially technology sector performance. The fund's current premium to NAV is among the highest in a decade, contrasting with its historical average discount, increasing entry risk.

NEW YORK, March 23, 2026 /PRNewswire/ -- 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 $0.15340 per share on the Fund's outstanding common stock. The distribution is payable on April 22, 2026, to shareholders of record on April 10, 2026.

NEW YORK, Feb. 23, 2026 /PRNewswire/ -- 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 $0.15340 per share on the Fund's outstanding common stock. The distribution is payable on March 23, 2026, to shareholders of record on March 10, 2026.

NEW YORK, Jan. 22, 2026 /PRNewswire/ -- 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 $0.15340 per share on the Fund's outstanding common stock. The distribution is payable on February 23, 2026, to shareholders of record on February 10, 2026.

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.