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

Lazard Global Total Return and Income Fund (NYSE: LGI) confirmed a monthly distribution of $0.15340 per share on its common stock under its Managed Distribution Policy.

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 under its Managed Distribution Policy. The distribution is payable on September 22, 2026, to shareholders of record on and ex-dividend date September 10, 2026. The Fund is also paying a previously declared distribution on August 21, 2026.

According to the Fund, the current distribution is estimated to consist of $0.04727 net investment income (31%), $0.05904 net realized long-term capital gains (38%), and $0.04709 return of capital (31%). Fiscal year-to-date distributions total $1.22720 per share, comprising 12% net income, 36% long-term gains and 52% return of capital. As of July 31, 2026, the Fund reports a 5-year average annual total return on NAV of 5.77%, an annualized current distribution rate of 10.04% of NAV, and a fiscal year-to-date total return and distribution level each equal to 5.86% of NAV.

Positive

• Monthly distribution declared $0.15340 per share payable September 22, 2026
• 69% of current payout from net investment income and long-term capital gains
• Fiscal YTD distributions total $1.22720 per share through July 31, 2026
• 5-year average annual total return 5.77% on NAV as of July 31, 2026
• Lazard Asset Management AUM $286.9 billion as of July 31, 2026

Negative

• Return of capital 31% of current distribution and 52% of fiscal YTD distributions
• Distributions estimated to exceed net investment income and net realized capital gains
• Annualized distribution rate 10.04% of NAV vs 5.77% 5-year average total return

Argus Aug 24 session 1 alert

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News Market Reaction – LAZ

$4.28B Market Cap

On Aug 24, the first trading day after this news, LAZ closed 0.17% below the previous close.

Data tracked by StockTitan Argus for the Aug 24 session.

Key Figures

Monthly distribution: $0.15340 per share Payment date: September 22, 2026 Record date: September 10, 2026 +5 more

Monthly distribution

$0.15340 per share

Outstanding common stock

Payment date

September 22, 2026

Distribution payable date

Record date

September 10, 2026

Shareholders of record

Ex-dividend date

September 10, 2026

Monthly distribution

Net investment income

$0.04727 per share

31% of current distribution

Long-term capital gains

$0.05904 per share

38% of current distribution

Return of capital

$0.04709 per share

31% of current distribution

Annualized distribution rate

10.04% of NAV

As of July 31, 2026

Historical Context

5 past events · Latest: Aug 17

5 events

1. Aug 17

   Regional expansion

   24h Move

   -2.0%

   Lazard expanded DACH advisory coverage and appointed a Switzerland investment banking leader.

2. Aug 12

   AUM update

   24h Move

   +0.1%

   July AUM increased with market appreciation, net inflows, and foreign-exchange appreciation.

3. Jul 27

   Leadership appointments

   24h Move

   -3.1%

   Lazard appointed corporate development and product leaders for its strategic growth plan.

4. Jul 23

   Quarterly earnings

   24h Move

   -1.2%

   Second-quarter GAAP earnings declined sharply despite higher revenue and asset-management growth.

5. Jul 22

   Quarterly dividend

   24h Move

   -1.2%

   Lazard declared a quarterly dividend of $0.50 per share payable in August.

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 capital gains, nav, +1 more

5 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

"therefore, 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 capital gains financial

"net realized capital gains; therefore, a portion"

Net realized capital gains are the total profits an investor or fund actually locks in by selling investments at a higher price than they were bought, after subtracting any losses and transaction costs. Think of it like a garage sale where you tally the money made from items sold for more than you paid, minus the losses on items that sold for less; these net gains affect taxable income, dividend distributions and reported earnings, so they directly influence investor returns and tax bills.

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.

View in glossary

form 1099-div regulatory

"send you a Form 1099-DIV for the calendar year"

Form 1099-DIV is a U.S. tax document brokers, mutual funds and other financial institutions send to investors showing dividends and other distributions paid during the year. Investors use it like an annual receipt to report taxable income — including regular dividends, dividends that may qualify for lower tax rates, and capital gains distributions — so it directly affects tax liability and helps reconcile brokerage records with a tax return.

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NEW YORK, Aug. 21, 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 September 22, 2026, to shareholders of record on September 10, 2026. The ex-dividend date is September 10, 2026.

The Fund will pay a previously declared distribution today, August 21, 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	$0.04727	31 %	$0.14927	12 %
Net Realized Short-Term Capital Gains	$0.00000	0 %	$0.00000	0 %
Net Realized Long-Term Capital Gains	$0.05904	38 %	$0.44374	36 %
Return of Capital	$0.04709	31 %	$0.63419	52 %
Total	$0.15340	100 %	$1.22720	100 %

Average annual total return (in relation to NAV) for the 5-year period ending on July 31, 2026	5.77 %
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2026	10.04 %
Cumulative total return (in relation to NAV) for the fiscal year through July 31, 2026	5.86 %
Cumulative fiscal year distributions as a percentage of NAV as of July 31, 2026	5.86 %

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 July 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 July 31, 2026, LAM and affiliated asset management companies in the Lazard Group managed $286.9 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.

What monthly distribution did Lazard Global Total Return and Income Fund (NYSE: LGI) declare for September 2026?

Lazard Global Total Return and Income Fund declared a monthly distribution of $0.15340 per share, payable September 22, 2026. According to the Fund, shareholders of record on the ex-dividend date September 10, 2026 will receive this distribution on their outstanding common shares.

What are the estimated sources of the September 2026 LGI distribution announced in July?

The Fund estimates the $0.15340 per share distribution consists of $0.04727 net investment income (31%), $0.05904 net realized long-term capital gains (38%), and $0.04709 return of capital (31%). According to the Fund, these estimates are based on US GAAP and may change for tax purposes.

How much of Lazard Global Total Return and Income Fund’s (LGI) fiscal 2026 distributions are return of capital?

For the fiscal year to date, the Fund estimates return of capital of $0.63419 per share, or 52% of total distributions of $1.22720. According to the Fund, it has distributed more than its net investment income and net realized capital gains this fiscal year.

What is the current distribution rate versus performance for Lazard Global Total Return and Income Fund (LGI)?

As of July 31, 2026, the Fund reports an annualized current distribution rate of 10.04% of NAV. According to the Fund, the 5-year average annual total return on NAV is 5.77%, while fiscal year-to-date total return on NAV and cumulative distributions each equal 5.86% of NAV.

What are the key dates for the September 2026 distribution of Lazard Global Total Return and Income Fund (LGI)?

The distribution of $0.15340 per share is payable on September 22, 2026. According to the Fund, the record date and ex-dividend date are both September 10, 2026, and a previously declared distribution is being paid on August 21, 2026.

What is the investment objective and strategy of Lazard Global Total Return and Income Fund (LGI)?

The Fund’s objective is total return through capital appreciation and current income. According to the Fund, it typically invests net assets in about 60–80 US and non-US equities, emerging market currencies via derivatives, and various debt obligations, including government, agency, corporate securities and structured notes.

How is Lazard (NYSE: LAZ) connected to Lazard Global Total Return and Income Fund (LGI)?

Lazard Asset Management, an indirect subsidiary of Lazard (NYSE: LAZ), manages the Fund’s portfolio. According to Lazard Asset Management, it and affiliated asset managers in the Lazard Group oversaw $286.9 billion in client assets as of July 31, 2026, across equity, fixed-income and alternative strategies.