LGI Lazard Global Total Return and Income Fund Inc

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT

INVESTMENT COMPANIES

 

Investment Company Act file number 811-21511

 

Lazard Global Total Return and Income Fund, Inc.

(Exact name of Registrant as specified in charter)

 

30 Rockefeller Plaza

New York, New York 10112

(Address of principal executive offices) (Zip code)

 

Mark R. Anderson, Esq.

Lazard Asset Management LLC

30 Rockefeller Plaza

New York, New York 10112

(Name and address of agent for service)

 

Registrant’s telephone number, including area code: (212) 632-6000

 

Date of fiscal year end: 12/31

 

Date of reporting period: 9/30/2024

Item 1. Schedule of Investments.

Lazard Global Total Return and Income Fund, Inc.

Portfolio of Investments

September 30, 2024 (unaudited)

 

Lazard Global Total Return and Income Fund, Inc.

Portfolio of Investments (continued)

September 30, 2024 (unaudited)

 

Lazard Global Total Return and Income Fund, Inc.

Portfolio of Investments (concluded)

September 30, 2024 (unaudited)

Forward Currency Contracts open at September 30, 2024:
Currency Purchased		Quantity		Currency Sold		Quantity		Counterparty		Settlement Date		Unrealized Appreciation				Unrealized Depreciation
BRL		11,642,717		USD		2,056,000		CIT		11/08/24		$	72,312			$	—
CLP		2,639,231,130		USD		2,802,892		CIT		10/03/24			131,842				—
CLP		2,639,231,130		USD		2,891,199		CIT		03/26/25			37,972				—
CLP		1,665,846,000		USD		1,757,592		SCB		11/12/24			94,231				—
COP		19,441,650,000		USD		4,625,000		CIT		11/12/24			—				26,510
EGP		90,043,200		USD		1,794,583		CIT		11/21/24			32,872				—
EGP		112,314,300		USD		2,253,045		HSB		12/11/24			6,373				—
HUF		1,749,757,107		USD		4,836,389		CIT		10/11/24			64,325				—
IDR		73,902,495,000		USD		4,764,368		CIT		12/11/24			88,308				—
ILS		16,421,616		USD		4,345,060		CIT		10/09/24			60,374				—
INR		542,269,070		USD		6,453,126		CIT		12/12/24			—				3,493
KRW		9,706,387,500		USD		7,057,908		HSB		10/11/24			304,340				—
KZT		2,686,204,800		USD		5,439,313		SCB		03/13/25			10,297				—
MXN		25,374,050		USD		1,300,000		HSB		11/12/24			—				19,280
MXN		84,776,286		USD		4,863,089		HSB		11/12/24			—				584,123
NGN		3,763,800,000		USD		2,319,753		SCB		10/15/24			—				68,317
PEN		11,156,700		USD		2,943,332		CIT		03/13/25			61,116				—
PHP		181,115,290		USD		3,077,837		JPM		01/03/25			147,936				—
PLN		14,199,879		USD		3,588,651		CIT		10/09/24			100,089				—
SGD		4,320,380		USD		3,246,209		SCB		01/15/25			132,476				—
THB		80,596,800		USD		2,320,000		CIT		11/18/24			192,526				—
TRY		98,650,588		USD		2,729,679		HSB		10/15/24			117,323				—
TRY		103,399,700		USD		2,533,685		JPM		02/10/25			104,734				—
USD		2,897,070		CLP		2,639,231,130		CIT		10/03/24			—				37,663
USD		542,000		MXN		9,280,124		HSB		11/12/24			73,599				—
UYU		214,972,580		USD		5,119,004		JPM		06/11/25			—				134,300
Total gross unrealized appreciation/depreciation on Forward Currency Contracts												$	1,833,045			$	873,686

 

Lazard Global Total Return and Income Fund, Inc.

Notes to Portfolio of Investments

September 30, 2024 (unaudited)

 

	(*)	Non-income producing security.
	(«)	Principal amount denominated in respective country’s currency.
	(»)	The Fund, at all times, maintains portfolio securities in sufficient amount to cover its obligations related to investments in forward currency contracts.

 

Security Abbreviations:

ADR	- American Depositary Receipt

Portfolio holdings by industry† (as a percentage of net assets):
Common Stocks:
Banks		3.5	%
Beverages		6.0
Biotechnology		0.9
Broadline Retail		5.3
Building Products		0.8
Capital Markets		6.6
Communications Equipment		1.8
Consumer Staples Distribution & Retail		0.7
Containers & Packaging		0.8
Electrical Equipment		3.9
Electronic Equipment, Instruments & Components		2.6
Entertainment		1.5
Financial Services		2.0
Health Care Providers & Services		1.3
Hotels, Restaurants & Leisure		1.3
Household Durables		1.1
Household Products		1.5
Insurance		2.7
Interactive Media & Services		4.0
IT Services		2.9
Leisure Products		1.2
Life Sciences Tools & Services		6.0
Machinery		2.9
Media		0.7
Personal Care Products		1.9
Pharmaceuticals		3.6
Professional Services		6.8
Semiconductors & Semiconductor Equipment		7.6
Software		9.8
Specialty Retail		2.7
Technology Hardware, Storage & Peripherals		1.4
Textiles, Apparel & Luxury Goods		1.9
Trading Companies & Distributors		1.3
Subtotal		99.0
Foreign Government Obligations		6.6
Short-Term Investments		3.1
Total Investments		108.7	%

 

†

Industry classifications may be different than those used for compliance monitoring purposes.

Various inputs are used in determining the fair value of investments and derivative financial instruments. For information about the Fund’s policy regarding valuation of investments and derivative financial instruments, refer to notes to the financial statements.

 

Item 2. Controls and Procedures.

 

(a) The Registrant’s principal executive and principal financial officers have concluded, based on their evaluation of the Registrant’s disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the Registrant’s disclosure controls and procedures are reasonably designed to ensure that information required to be disclosed by the Registrant on Form N-Q is recorded, processed, summarized and reported within the required time periods and that information required to be disclosed by the Registrant in the reports that it files or submits on Form N-Q is accumulated and communicated to the Registrant’s management, including its principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure.

 

(b) There were no changes to the Registrant’s internal control over financial reporting that occurred during the Registrant’s most recent fiscal quarter of the period covered by this report that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Lazard Global Total Return and Income Fund, Inc.

 

By:	/s/ Nathan A. Paul
	Nathan A. Paul
	Chief Executive Officer

 

Date: November 22, 2024

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

 

By:	/s/ Nathan A. Paul
	Nathan A. Paul
	Chief Executive Officer

 

Date: November 22, 2024

 

By:	/s/ Christina Kennedy
	Christina Kennedy
	Chief Financial Officer

 

Date: November 22, 2024

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