The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.07948 per share on the Fund's outstanding common stock. The distribution is payable on December 23, 2016 to shareholders of record on December 12, 2016. The ex-dividend date is December 8, 2016. Portfolio data as of October 31, 2016, including performance, asset allocation, top 10 holdings, sector weightings, regional exposure, and other Fund characteristics have been posted on Lazard Asset Management's ("LAM") website, www.LazardNet.com. Additionally, any notices required by Section 19(a) of the Investment Company Act of 1940, as amended, which provide information regarding the respective estimated amounts of each monthly distribution derived from net investment income, net realized capital gains (short- and long-term) and return of capital, will also be available on www.LazardNet.com. The Fund's objective is total return consisting of capital appreciation and current income. The Fund invests in a portfolio of approximately 60 to 80 non-US equity securities, including American Depository Receipts. The Fund generally invests in securities of companies with market capitalizations greater than $2 billion and may invest in emerging markets. 1 The Fund seeks enhanced income by investing in short duration (typically less than one year) emerging market forward currency contracts and other emerging market debt instruments. An indirect subsidiary of Lazard Ltd (NYSE: LAZ), LAM, the Fund's investment manager, offers a range of equity, fixed-income, and alternative investment products worldwide. As of September 30, 2016, LAM and affiliated asset management companies in the Lazard Group managed $205 billion worth of client assets. For more information about LAM, please go to www.LazardNet.com. _________________________ 1 As announced in a press release dated August 18, 2016, the Fund's Board of Directors approved changes to the Fund's investment strategy effective on or around September 1, 2016.