Lazard Global Total Return and Income Fund Declares $0.1534 Monthly Distribution with 70% Return of Capital
Lazard Global Total Return and Income Fund declared a $0.15340 per share distribution payable May 22 with record and ex-dividend date of May 11, 2026. Seventy percent of the payout is return of capital, 22% long-term gains, 5% short-term gains and 3% net income.
1. Monthly Distribution Details
Lazard Global Total Return and Income Fund announced a monthly distribution of $0.15340 per share, payable May 22, 2026, with record and ex-dividend date of May 11, 2026.
2. Distribution Source Breakdown
The distribution comprises 70% return of capital ($0.10729 per share), 22% long-term capital gains ($0.03318), 5% short-term gains ($0.00831) and 3% net investment income ($0.00462).
3. Performance and Fund Metrics
As of March 31, 2026, the fund’s five-year average total return was 5.19% and its annualized distribution rate was 11.03% of NAV, with fiscal year cumulative return at -6.86% and distributions at 2.76% of NAV.