Lazard Global Total Return and Income Fund, Inc. Confirms New Distribution, Payable on January 23, 2019
January 03, 2019 at 12:07 am IST
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Lazard Global Total Return and Income Fund, Inc. is confirming on January 2, 2019, pursuant to its level distribution policy, as previously authorized by its Board of Directors, a monthly distribution of $0.08879, equivalent to 7.0% (annualized) of the Fund’s net asset value per share as of the close of markets on December 31, 2018 on the Fund’s outstanding common stock. The distribution is payable on January 23, 2019 to shareholders of record on January 11, 2019. The ex-dividend date is January 10, 2019.
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.
LAZARD GLOBAL TOTAL RETURN AND INCOME FUND, INC. 
