# Lazard Global Total Return and Income Fund, Inc. (LGI): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/lgi for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Lazard · Asset class: Currency - Strategy: Actively Managed · Inception: 2004-04-28 Managed by Lazard Asset Management LLC, the Lazard Global Total Return and Income Fund, Inc. operates as a closed-end, balanced mutual fund. Its investment mandate spans public equity and fixed income securities across global markets. A significant portion of its equity holdings consists of shares from large-capitalization companies, specifically those exceeding a $5 billion market value. For its fixed income allocation, the fund targets short-duration market forward currency contracts and various other market-based debt instruments. Portfolio construction relies on a combination of its glo... ## Key Facts | Metric | Value | |---|---| | Price | $16.41 | | Expense Ratio | 2.00% | | Market Value | $213.5M | | NAV | Not on file (no daily NAV for closed-end funds) | | Holdings Count | — | | Distribution Yield (TTM) | 11.11% | | Annual Distribution (TTM) | $1.82 /share | | Distribution Frequency | Monthly | | 52-Week Range | $15.32 – $19.88 | | Beta | 1.09 | ## Latest Distribution - Amount: $0.1534 /share - Ex-date: 2026-10-13 - Pay date: 2026-10-22 ## Next Distribution (Declared) - Amount: $0.1534 /share - Ex-date: 2026-11-10 - Pay date: 2026-11-24 ## Frequently Asked Questions ### What does LGI invest in? Managed by Lazard Asset Management LLC, the Lazard Global Total Return and Income Fund, Inc. operates as a closed-end, balanced mutual fund. Its investment mandate spans public equity and fixed income securities across global markets. A significant portion of its equity holdings consists of shares from large-capitalization companies, specifically those exceeding a $5 billion market value. For its fixed income allocation, the fund targets short-duration market forward currency contracts and various other market-based debt instruments. Portfolio construction relies on a combination of its global equity and emerging income strategies, employing fundamental analysis and a bottom-up stock-picking methodology. In evaluating individual securities, the management team assesses numerous criteria, including a company's financial health, cash flow generation, balance sheet robustness, return consistency, management caliber, competitive standing, susceptibility to economic and market fluctuations, profit margins, sales trajectories, brand recognition, geographic exposure, and the broader macroeconomic climate. Its portfolio performance is measured against the MSCI World Index. Established on January 27, 2004, the Lazard Global Total Return and Income Fund, Inc. is based in the United States. ### What is the expense ratio of LGI? Lazard Global Total Return and Income Fund, Inc. (LGI) charges an expense ratio of 2.00%. This is the annual fee deducted from fund assets to cover management and operations. ### What is LGI's dividend yield? LGI's trailing-twelve-month yield is 11.11%, calculated from the sum of dividends over the past year divided by the current price. ### How big is LGI? Lazard Global Total Return and Income Fund, Inc. (LGI) has a market value of $213.5M: its share price times its shares outstanding. A closed-end fund trades above or below its net asset value, so its net assets differ from this figure. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is LGI actively managed or an index fund? LGI is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (LGI's is 2.00%) in exchange for the discretion to over- or under-weight positions. ### When was LGI launched? Lazard Global Total Return and Income Fund, Inc. (LGI) launched in April 2004 and is managed by Lazard. ### Does LGI pay a dividend? Yes, Lazard Global Total Return and Income Fund, Inc. (LGI) distributes dividends to shareholders. The trailing-twelve-month yield is 11.11%. Full dividend history is on this page. ### How often does LGI pay dividends? Lazard Global Total Return and Income Fund, Inc. pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is LGI's next ex-dividend date? The most recently announced ex-dividend date for LGI was 2026-11-10. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will LGI's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 2.00% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does LGI charge its expense ratio? The expense ratio is deducted in tiny daily slices from LGI's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does LGI cost more than a fund like VOO? LGI is actively managed (current expense ratio 2.00%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether LGI's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to LGI? The Lower-Fee Alternatives card above lists closed-end funds following the same investment strategy as LGI (2.00%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/lgi - Distribution history: https://www.dividenddata.com/funds/lgi/dividend - Holdings & diversification: https://www.dividenddata.com/funds/lgi/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/lgi/expenses - Peer comparison: https://www.dividenddata.com/funds/lgi/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.