LGI CEF — Lazard Global Total Return and Income Fund

Lazard Global Total Return and Income Fund (LGI)

LGI is a low-cost CEF. its distribution rate is 10.52%, its trailing-12-month yield is 10.41%. Dividend Vision Distribution Safety Score™ is 84/100 (Safe). Total return is 488.0% over the past 22.4 years, 446.5 points behind SPY at 934.5%.

At the current 10.52% distribution rate, a $10,000 investment would generate approximately $1,052 per year, or $87.67 per month.

LGI performance versus SPY

Price and return data through 2026-09-21.

Total return is 488.0% over the past 22.4 years, 446.5 points behind SPY at 934.5%. Over the past year its total return — price change plus distributions reinvested — is 9.1%. Its deepest 1-year drawdown was 21.2%.

LGI key facts

Distribution Safety Score™

84 · Safe

Safety-Adjusted Yield

8.84%

Issuer

Lazard

Asset type

CEF

Asset class

Equity

Inception date

04/28/2004

Distribution rate

10.52%

Distribution frequency

Monthly

Trailing yield

10.41%

5-year average yield

8.67

Last close

$17.46 (as of 2026-09-21)

NAV

$18.17

Premium / discount

3.91% discount

Market cap

$227,451,584

Average volume

35991.0

Next dividend

$0.153

Last ex-dividend date

09/10/2026

Next payment date

09/22/2026

Beta

1.092

How Dividend Vision calculates yield and returns

Distribution rate (10.52%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (10.41%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Lazard or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

LGI risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 21.2%.

Who may consider LGI — and who may not

LGI may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Lazard.