Lazard World Dividend & Income Fund, Inc. is a diversified, closed-end management investment company. The Fund's investment objective is total return through a combination of dividends, income and capital appreciation. The Fund's net assets are invested in a portfolio of 60 to 90 world equity securities, consisting primarily of stocks selected from the holdings of other accounts managed by Lazard Asset Management LLC. The Fund seeks to enhance income by investing in short duration (approximately one year) emerging market forward currency contracts and other emerging market debt instruments. The Fund invests in various sectors, including consumer discretionary, consumer staples, semiconductors and components, energy, banking, media, insurance, housing, financials, healthcare, industrials, information technology, materials, telecommunication services, utilities, sovereign debt and short-term investment. The Fund's investment manager is Lazard Asset Management LLC.