NEW YORK–(COMMERCIAL THREAD) – The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the âFundâ) (NYSE: LGI) authorized the Fund to declare today, in accordance with a uniform distribution policy, a monthly distribution of $ 0.11512 per share on the outstanding common shares of the Fund. The distribution is payable on August 23, 2021 to shareholders of record on August 10, 2021. The ex-dividend date is August 9, 2021.
Portfolio data as of June 30, 2021, including performance, asset allocation, top 10 holdings, sector weightings, regional exposure and other characteristics of the Fund have been published on the Lazard website. Asset Management (âLAMâ), www.LazardAssetManagement.com. In addition, any notice required by section 19 (a) of the Investment Companies Act 1940, as amended, which provides information regarding the respective estimated amounts of each monthly distribution derived from net investment income, net realized capital gains (short and long term). term) and the repayment of capital, will also be available on www.LazardAssetManagement.com.
The investment objective of the Fund is total return, consisting of capital appreciation and current income. The net assets of the Fund are invested in a portfolio of approximately 60 to 80 US and non-US equity securities, including American Depository Receipts, typically from companies with a market capitalization greater than $ 2 billion, and may include investments in emerging markets. The Fund also invests in emerging market currencies (primarily by entering into forward currency contracts), or instruments whose value is derived from the performance of an underlying emerging market currency, and may also invest in debt securities, including government, government agency, and corporate bonds. and structured notes denominated in emerging market currencies.
An indirect subsidiary of Lazard Ltd (NYSE: LAZ), LAM, the investment manager of the Fund, offers a range of equity, fixed income and alternative investment products worldwide. As of June 30, 2021, LAM and the Lazard Group affiliated asset management companies managed $ 277.4 billion in client assets. For more information on LAM, visit www.LazardAssetManagement.com. Follow LAM at @LazardAsset.