Lazard Global Total Return & Income Fund Declares Monthly Dividend

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Mon May 18, 2009 1:13pm EDT

NEW YORK--(Business Wire)--
The Board of Directors of Lazard Global Total Return & Income Fund (NYSE:LGI)
has authorized the Fund to declare today, pursuant to a level distribution
policy, a monthly dividend distribution of $0.07594 per share on the company`s
outstanding common stock. The dividend is payable on June 23, 2009 to
shareholders of record on June 12, 2009. The ex-dividend date is June 10, 2009. 

Portfolio data as of April 30, 2009 including performance, asset allocation, top
10 holdings, sector weightings, regional exposure, and other Fund
characteristics have been posted on Lazard Asset Management LLC`s (LAM) website,
www.Lazardnet.com. Additionally, the notice required by Section 19 of the
Investment Company Act of 1940, as amended, will also be available on
www.Lazardnet.com. 

The Fund`s objective is total return, consisting of capital appreciation and
current income. The Fund seeks to achieve its objective by primarily investing
in a portfolio of approximately 35 to 45 equity securities with a market
capitalization of at least $5 billion at the time of purchase, that are
domiciled in those countries that comprise the MSCI World Index. The Fund seeks
enhanced income by investing in short duration (typically below one year)
emerging market forward currency contracts and other emerging market debt
instruments. 

An indirect subsidiary of Lazard Ltd (NYSE: LAZ), Lazard Asset Management LLC
(LAM), the Fund`s investment manager, offers a range of equity, fixed-income,
and alternative investment products worldwide. As of March 31, 2009, LAM and
affiliated asset management companies in the Lazard Group managed more than $81
billion worth of client assets. For more information about LAM, please go to
www.Lazardnet.com. 





Lazard Global Total Return & Income Fund
Media:
Judi Mackey, 212-632-1428
judi.mackey@lazard.com
or
Investor:
Ben Wulfsohn, 800-828-5548
ben.wulfsohn@lazard.com



Copyright Business Wire 2009

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