Lazard Global Total Return and Income Fund Sets Monthly Payout

The fund confirmed these figures alongside an breakdown of estimated distribution sources for the current period. Long-term capital gains account for 84% of the latest payout, while net investment income contributes 14%. The remaining 2% is derived from net realized short-term capital gains.

Management cautioned that these figures are estimates based on U.S. accounting principles and do not serve as formal tax reporting documents. Because the fund has distributed amounts exceeding its net investment income and realized gains, a portion of these payouts may constitute a return of capital. Such payments reflect the return of invested money rather than investment yield. Final tax characterizations will be provided to shareholders via Form 1099-DIV at the end of the calendar year. As of May 31, 2026, the fund reported an annualized distribution rate of 10.17% relative to its net asset value.