Lazard Global Total Return and Income Fund, Inc. Declares Monthly Distribution, Payable on June 24, 2024
May 22, 2024 at 10:54 pm
Share
Lazard Global Total Return and Income Fund, Inc. confirmed pursuant to its Managed Distribution Policy, 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 June 24, 2024 to shareholders of record on June 11, 2024. The ex-dividend date is June 11, 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.