0000930413-18-002123.txt : 20180629 0000930413-18-002123.hdr.sgml : 20180629 20180629171257 ACCESSION NUMBER: 0000930413-18-002123 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180629 DATE AS OF CHANGE: 20180629 EFFECTIVENESS DATE: 20180629 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LAZARD FUNDS INC CENTRAL INDEX KEY: 0000874964 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-40682 FILM NUMBER: 18930099 BUSINESS ADDRESS: STREET 1: 30 ROCKEFELLER PLAZA CITY: NEW YORK STATE: NY ZIP: 10112 BUSINESS PHONE: 2126326000 MAIL ADDRESS: STREET 1: 30 ROCKEFELLER PLAZA CITY: NEW YORK STATE: NY ZIP: 10112 0000874964 S000027245 Lazard Global Listed Infrastructure Portfolio C000082231 Institutional Shares GLIFX C000082232 Open Shares GLFOX C000134196 R6 Shares RLGLX 497 1 c91498_497.htm

THE LAZARD FUNDS, INC.

Lazard Global Listed Infrastructure Portfolio

Supplement to Current Prospectus

The following replaces the last paragraph and table in "Summary Section—Lazard Global Listed Infrastructure Portfolio—Average Annual Total Returns" in the in the Prospectus:

 

The Custom Infrastructure Index (Hedged) is an index created by the Portfolio's Investment Manager, which is the performance of the UBS Global 50/50 Infrastructure & Utilities® Index (Hedged) for all periods through March 31, 2015, when the index ceased to be published, and the FTSE Developed Core Infrastructure 50/50® Index (Hedged) for all periods thereafter. The Custom Infrastructure Index (Hedged) will be replaced with the MSCI World Core Infrastructure Index (Hedged). The Investment Manager believes that the new index is an appropriate alternative to the prior index.

                 
    Inception
Date		   1 Year   5 Years   Life of
Portfolio
Institutional Shares:   12/31/09            
Returns Before Taxes       20.80%   16.59%   13.05%
Returns After Taxes on Distributions       18.82%   14.19%   11.42%
Returns After Taxes on Distributions and
Sale of Portfolio Shares		       13.24%   12.69%   10.35%
Open Shares (Returns Before Taxes)   12/31/09   20.47%   16.29%   12.71%
R6 Shares (Returns Before Taxes)       20.80%   16.59%   13.05%
MSCI World Core Infrastructure Index (Hedged)
(reflects no deduction for fees, expenses or taxes)		       15.02%   12.17%   10.30%
Custom Infrastructure Index (Hedged)
(reflects no deduction for fees, expenses or taxes)		       13.95%   12.86%   9.88%
MSCI World Index
(reflects no deduction for fees, expenses or taxes)		       22.40%   11.64%   9.85%

 

 

 

Dated: June 29, 2018