Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in August

Lazard Global Total Return and Income Fund maintains its monthly payout while estimating that a substantial portion constitutes return of capital.

Rhea-AI Summary

Lazard Global Total Return and Income Fund (NYSE: LGI) confirmed a monthly distribution of $0.15340 per share on its common stock, payable on October 22, 2026 to shareholders of record and with an ex-dividend date of October 13, 2026. A previously declared distribution is being paid on September 22, 2026.

For the current distribution, the Fund estimates sources per share of $0.03611 from net investment income (24%), $0.00045 from net realized short-term gains (0%), $0.05125 from net realized long-term gains (33%), and $0.06559 as return of capital (43%), totaling $0.15340. Fiscal year-to-date, cumulative distributions total $1.38060 per share, of which 13% is net income, 36% net realized long-term gains and 51% return of capital.

As of August 31, 2026, the 5-year average annual total return in relation to NAV is 5.76%, the annualized current distribution rate is 9.92% of NAV, fiscal year-to-date total return is 8.01%, and cumulative fiscal year distributions equal 6.62% of NAV. The Fund cautions that a portion of the distribution may be a non-yield return of capital and that the stated amounts and sources are estimates, not tax-reporting figures.

Positive

• Monthly distribution of $0.15340 per share confirmed for October 22, 2026
• Fiscal YTD distributions total $1.38060 per share through the current payment
• Annualized current distribution rate equals 9.92% of NAV as of August 31, 2026
• 5-year average annual total return in relation to NAV is 5.76%
• Fiscal YTD total return in relation to NAV is 8.01%, with cumulative distributions at 6.62% of NAV

Negative

• Return of capital comprises 43% of the current distribution
• Return of capital comprises 51% of fiscal year-to-date distributions
• The Fund estimates it has distributed more than its net investment income and net realized capital gains

Key Figures

Monthly distribution: $0.15340 per share Net investment income: $0.03611 per share; 24% Long-term capital gains: $0.05125 per share; 33% +4 more

Monthly distribution

$0.15340 per share

October 2026 distribution

Net investment income

$0.03611 per share; 24%

Current distribution

Long-term capital gains

$0.05125 per share; 33%

Current distribution

Return of capital

$0.06559 per share; 43%

Current distribution

Cumulative fiscal-year distributions

$1.38060 per share; 100%

Fiscal year to date

Payment date

October 22, 2026

Monthly distribution

Annualized current distribution rate

9.92% of NAV

As of August 31, 2026

Historical Context

1 past event · Latest: Aug 21

1 event

1. Aug 21

   Monthly distribution

   24h Move

   -0.2%

   Reported the same managed-distribution program with estimated income, gains, and return-of-capital sources.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

managed distribution policy, return of capital, net realized long-term capital gains, nav

4 terms

managed distribution policy financial

"pursuant to its Managed Distribution Policy"

A managed distribution policy is a company’s plan to pay regular cash to shareholders at a set rate by combining income, dividends and occasional return of capital. Think of it as a scheduled withdrawal from a household account: it can provide steady income for investors, but part of the payment may come from savings rather than ongoing earnings, so investors should watch how those payments are funded and whether they are sustainable over time.

return of capital financial

"a portion of your distribution may be return of capital"

Return of capital is when an investor receives money from their investment that is not considered profit or earnings but rather a portion of the original amount they invested. It’s similar to getting back part of your initial savings rather than gains from it. This matters because it can affect how much money an investor still has in the investment and may have tax implications.

net realized long-term capital gains financial

"Net Realized Long-Term Capital Gains"

Net realized long-term capital gains are the total profit an investor actually locks in from selling assets held more than one year, after subtracting any losses or adjustments. Think of it like the net cash you keep after selling a long-owned item and paying off related losses or costs; it matters because these gains determine taxable income and after-tax investment returns, influence dividend capacity and tax planning, and usually face lower tax rates than short-term gains.

nav financial

"Average annual total return (in relation to NAV)"

Net asset value (NAV) is the total value of all the investments and assets in a fund or company, minus any debts or liabilities, divided by the number of shares or units outstanding. It represents the per-share worth, giving investors an idea of what each share is truly worth based on the underlying assets. Think of it like a company's total worth divided among its shares, helping investors assess whether a share is fairly priced.

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NEW YORK, Sept. 22, 2026 /PRNewswire/ -- Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.15340 per share on the Fund's outstanding common stock. The distribution is payable on October 22, 2026, to shareholders of record on October 13, 2026. The ex-dividend date is October 13, 2026.

The Fund will pay a previously declared distribution today, September 22, 2026. The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid, including today's distribution, from the following sources: net investment income, net realized capital gains (short-term and long-term), and return of capital. All amounts are expressed per share of common stock and are based on accounting principles generally accepted in the US, which may differ from federal income tax regulations.

	Current Distribution	% of the Current Distribution	Total Cumulative Distributions for the Fiscal Year to Date	% of the Total Cumulative Distributions for the Fiscal Year to Date
Net Income	$0.03611	24 %	$0.18538	13 %
Net Realized Short-Term Capital Gains	$0.00045	0 %	$0.00045	0 %
Net Realized Long-Term Capital Gains	$0.05125	33 %	$0.49499	36 %
Return of Capital	$0.06559	43 %	$0.69978	51 %
Total	$0.15340	100 %	$1.38060	100 %

Average annual total return (in relation to NAV) for the 5-year period ending on August 31, 2026	5.76 %
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2026	9.92 %
Cumulative total return (in relation to NAV) for the fiscal year through August 31, 2026	8.01 %
Cumulative fiscal year distributions as a percentage of NAV as of August 31, 2026	6.62 %

You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Policy.

The Fund estimates that it has distributed more than its net investment income and net realized capital gains; therefore, a portion of your distribution may be return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income".

The amounts and sources of distributions reported above are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund provides financial intermediary firms the information necessary to produce the Form 1099-DIV, and then the relevant financial intermediary firm will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. If you have any questions, or need additional information, please call us at 1-800-823-6300.

Portfolio data as of August 31, 2026, including performance, asset allocation, top 10 holdings, sector weightings, regional exposure, and other Fund characteristics have been posted on Lazard Asset Management's ("LAM") website, www.LazardAssetManagement.com.

The Fund's investment objective is total return, consisting of capital appreciation and current income. The Fund's net assets are invested in a portfolio of approximately 60 to 80 US and non-US equity securities, including American Depository Receipts, generally of companies with market capitalizations greater than $2 billion, and may include investments in emerging markets. The Fund also invests in emerging market currencies (primarily by entry into forward currency contracts), or instruments whose value is derived from the performance of an underlying emerging market currency, and also may invest in debt obligations, including government, government agency and corporate obligations and structured notes denominated in emerging market currencies.

An indirect subsidiary of Lazard, Inc. (NYSE: LAZ), LAM, the Fund's investment manager, offers a range of equity, fixed-income, and alternative investment products worldwide. As of August 31, 2026, LAM and affiliated asset management companies in the Lazard Group managed $290.3 billion worth of client assets. For more information about LAM, please go to www.LazardAssetManagement.com.

Media contact:	Investor contact:
Aziz Nayani, +1 212 632 6042	Ben Wulfsohn, +1 800 823 6300
aziz.nayani@lazard.com	ben.wulfsohn@lazard.com

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SOURCE Lazard Global Total Return and Income Fund, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How are the sources of Lazard Global Total Return and Income Fund's current and year-to-date distributions estimated?

The Fund breaks distributions into net investment income, net realized short-term gains, net realized long-term gains, and return of capital, expressed per share and as percentages. For the current $0.15340 distribution, it estimates $0.03611 (24%) from net income, $0.00045 (0%) from short-term gains, $0.05125 (33%) from long-term gains, and $0.06559 (43%) as return of capital. Fiscal year-to-date totals of $1.38060 per share are estimated as $0.18538 (13%) net income, $0.00045 (0%) short-term gains, $0.49499 (36%) long-term gains, and $0.69978 (51%) return of capital. The Fund states these figures are estimates based on US GAAP and may differ from tax-reporting amounts.

How will shareholders of Lazard Global Total Return and Income Fund receive tax reporting information for these distributions?

The Fund provides financial intermediary firms with the information needed to produce Form 1099-DIV. The relevant financial intermediary will then send shareholders a Form 1099-DIV for the calendar year, indicating how to report the Fund's distributions for US federal income tax purposes. The Fund emphasizes that the amounts and sources described in this announcement are not being provided for tax reporting purposes and may change based on the Fund's investment experience and tax regulations.

What is the investment objective and portfolio focus of Lazard Global Total Return and Income Fund?

The Fund's stated objective is total return, consisting of capital appreciation and current income. Its net assets are invested in a portfolio of approximately 60 to 80 US and non-US equity securities, including American Depositary Receipts, generally of companies with market capitalizations greater than $2 billion, and may include emerging markets. The Fund also invests in emerging market currencies, primarily via forward currency contracts or related instruments, and may invest in debt obligations such as government, government agency, corporate obligations, and structured notes denominated in emerging market currencies.

Where can investors find additional information on Lazard Global Total Return and Income Fund's portfolio and performance?

Portfolio data as of August 31, 2026, including performance, asset allocation, top 10 holdings, sector weightings, regional exposure, and other Fund characteristics, has been posted on Lazard Asset Management's website, www.LazardAssetManagement.com. Investors may also call 1-800-823-6300 for additional information.

Who manages Lazard Global Total Return and Income Fund and what is the scale of its asset management business?

The Fund's investment manager is Lazard Asset Management (LAM), an indirect subsidiary of Lazard, Inc. (NYSE: LAZ). LAM offers a range of equity, fixed-income, and alternative investment products worldwide. As of August 31, 2026, LAM and affiliated asset management companies in the Lazard Group managed $290.3 billion in client assets.