The fund also processed a previously announced distribution on September 22. Financial disclosures indicate that 43% of the current monthly payout is classified as a return of capital, while 33% stems from net realized long-term capital gains and 24% from net investment income. For the fiscal year to date, return of capital accounts for 51% of total cumulative distributions, totaling $0.69978 per share.
In section Releases
Lazard Global Total Return and Income Fund Sets October Distribution
The Lazard Global Total Return and Income Fund has confirmed a monthly distribution of $0.15340 per share, payable on October 22, 2026. Shareholders of record by October 13 will receive the payout, which follows the fund's established Managed Distribution Policy and recent board authorization.
Management emphasizes that these figures are estimates based on accounting principles that may differ from final federal tax regulations. Investors are cautioned that a return of capital does not equate to investment yield or income, as it may represent a repayment of original investment funds. Final tax reporting details will be provided via Form 1099-DIV through financial intermediaries following the close of the fiscal year. Performance data for the fund, which maintains a portfolio of 60 to 80 global equity securities, remains available through the Lazard Asset Management portal.
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