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

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 July 24, 2023 to shareholders of record on July 10, 2023. The ex-dividend date is July 7, 2023.

The Fund will pay a previously declared distribution today, June 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-term 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	$0.01731	19%	$0.10388	19%
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	$0.07608	81%	$0.45646	81%
Total	$0.09339	100%	$0.56034	100%

Average annual total return (in relation to NAV) for the 5-year period ending on May 31, 2023