Lazard Global Total Return and Income Fund, Inc. Announces Monthly Distribution, Payable on April 22, 2024
March 22, 2024 at 01:40 pm EDT
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Lazard Global Total Return and Income Fund, Inc. announced that as previously authorized by its Board of Directors, a monthly distribution of $0.10459 per share on the Fund?s outstanding common stock. The distribution is payable on April 22, 2024 to shareholders of record on April 11, 2024. The ex-dividend date is April 10, 2024.
Lazard Global Total Return and Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fundâs investment objective is total return, consisting of capital appreciation and income. The Fund seeks to achieve its objective by investing in a portfolio of approximately 60-80 United States and non-United States equity securities, generally with a market cap of $2 billion or greater, at the time of purchase, and may invest in emerging markets. It seeks enhanced income by investing in short duration (typically below one year) emerging market forward currency contracts and other emerging market debt instruments. It invests in various sectors, including communication services, consumer discretionary, consumer staples, financials, healthcare, industrials, information technology, materials, sovereign debt and short-term investments.