The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the Fund) (NYSE:LGI) has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.11556 per share on the Funds outstanding common stock. The distribution is payable on November 23, 2018 to shareholders of record on November 12, 2018. The ex-dividend date is November 9, 2018.
Portfolio data as of September 28, 2018, including performance, asset allocation, top 10 holdings, sector weightings, regional exposure, and other Fund characteristics have been posted on Lazard Asset Managements (LAM) website, www.LazardAssetManagement.com. Additionally, any notices required by Section 19(a) of the Investment Company Act of 1940, as amended, which provide information regarding the respective estimated amounts of each monthly distribution derived from net investment income, net realized capital gains (short- and long-term) and return of capital, will also be available on www.LazardAssetManagement.com.
The Funds objective is total return consisting of capital appreciation and current income. The Fund invests in a portfolio of approximately 60 to 80 US and non-US equity securities, including American Depository Receipts. The Fund generally invests in securities of companies with market capitalizations greater than $2 billion and may invest in emerging markets. The Fund seeks enhanced income by investing in short duration (typically less than one year) emerging market forward currency contracts and other emerging market debt instruments.
An indirect subsidiary of Lazard Ltd (NYSE: LAZ), LAM, the Funds investment manager, offers a range of equity, fixed-income, and alternative investment products worldwide. As of June 30, 2018, LAM and affiliated asset management companies in the Lazard Group managed $238 billion worth of client assets. For more information about LAM, please go to www.LazardAssetManagement.com.
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