LAZARD GLOBAL TOTAL RETURN & INCOME FUND INC

LAZARD GLOBAL TOTAL RETURN & INCOME FUND INC is a closed-ended balanced mutual fund that invests in public equity and fixed income markets worldwide. The fund is managed by Lazard Asset Management LLC. It primarily focuses its equity investments on companies with a market capitalization exceeding $5 billion. For its fixed income investments, the fund utilizes short duration market forward currency contracts and other market debt instruments. The fund employs a fundamental analysis approach, specifically using bottom-up stock picking. This strategy is guided by its global equity strategy and emerging income strategy to construct its investment portfolio. When selecting individual securities, the fund considers various factors, including financial condition, cash flows, strong balance sheets, the sustainability of returns, the quality of management, competitive position, sensitivity to economic and market cycles, margin and sales trends, brand name strength, geographical breakdown, and the broader macro environment. The fund's portfolio performance is benchmarked against the MSCI World Index. LAZARD GLOBAL TOTAL RETURN & INCOME FUND INC was established on January 27, 2004, and is domiciled in the United States.