Lazard Global Total Return and Income Fund Announces Monthly Distribution for October
The Lazard Global Total Return and Income Fund (NYSE:LGI) has declared a monthly distribution of $0.1534 per share, to be paid on October 22, 2026, with the record date set for October 13, 2026. This follows its Managed Distribution Policy approved by the Fund's Board of Directors and is part of a broader pattern where over half of this distribution comes from return of capital. The breakdown shows that net investment income accounts for $0.0361 per share (24%), while long-term capital gains contribute significantly at $0.05125 per share (33%). The Fund has also provided cumulative data showing total distributions through the fiscal year amount to $1.3806 per share, with return of capital making up 51% overall. Investors are cautioned that these figures may not reflect investment performance and could change for tax reporting purposes.
Tickers: $LGI
Topics: dividends managed_distribution_policy