Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in February

Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.09339 per share on the Fund’s outstanding common stock. The distribution is payable on April 24, 2023 to shareholders of record on April 11, 2023. The ex-dividend date is April 10, 2023.

The Fund will pay a previously declared distribution today, March 22, 2023. The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid for the year to date from the following sources: net investment income, net realized capital gains (short- and long-term), and return of capital. All amounts are expressed per share of common stock and are based on accounting principles generally accepted in the US, which may differ from federal income tax regulations.

	Current Distribution	% of the Current Distribution	Total Cumulative Distributions for the Fiscal Year to Date	% of the Total Cumulative Distributions for the Fiscal Year to Date
Net Income	$0.01681	18%	$0.04482	16%
Net Realized Short-Term Capital Gains	$0.00000	0%	$0.00000	0%
Net Realized Long-Term Capital Gains	$0.00000	0%	$0.00000	0%
Return of Capital	$0.07658	82%	$0.23535	84%
Total	$0.09339	100%	$0.28017	100%

Average annual total return (in relation to NAV) for the 5-year period ending on February 28, 2023