0000930413-18-002396.txt : 20180727 0000930413-18-002396.hdr.sgml : 20180727 20180727161402 ACCESSION NUMBER: 0000930413-18-002396 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180727 DATE AS OF CHANGE: 20180727 EFFECTIVENESS DATE: 20180727 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: 18974980 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 S000033722 Lazard US Realty Income Portfolio

C000103952 Open Shares LRIOX

C000105886 Institutional Shares LRIIX

497 1 c91743_497.htm

THE LAZARD FUNDS, INC.

Lazard US Realty Income Portfolio

Supplement to Current Summary Prospectus and Prospectus

At a special meeting of shareholders held on July 27, 2018 (the “Meeting”), shareholders of Lazard US Realty Income Portfolio (the “Acquired Portfolio”), a series of The Lazard Funds, Inc. (the “Fund”), approved a Plan of Reorganization (the “Plan”) with respect to the Acquired Portfolio and Lazard US Realty Equity Portfolio (the “Acquiring Portfolio”), also a series of the Fund. The Plan provides for the transfer of the Acquired Portfolio’s assets to the Acquiring Portfolio in a tax-free exchange for shares of the Acquiring Portfolio and the assumption by the Acquiring Portfolio of the Acquired Portfolio’s stated liabilities, the distribution of such shares of the Acquiring Portfolio to Acquired Portfolio shareholders and the subsequent termination of the Acquired Portfolio (the “Reorganization”).

The Reorganization currently is anticipated to become effective on or about August 17, 2018 (the “Closing Date”). In anticipation of the Reorganization, effective March 2, 2018 (the “Sales Discontinuance Date”), the Acquired Portfolio was closed to any investments for new accounts, although shareholders of the Acquired Portfolio as of the Sales Discontinuance Date may continue to make additional purchases and to reinvest dividends and capital gains into their existing Acquired Portfolio accounts up until the Closing Date.

A Prospectus/Proxy Statement with respect to the Reorganization was mailed to Acquired Portfolio shareholders as of March 29, 2018, the record date for voting at the Meeting. The Prospectus/Proxy Statement describes the Acquiring Portfolio and other matters relevant to the Reorganization. Acquired Portfolio shareholders may obtain a free copy of the Prospectus/Proxy Statement at www.lazardassetmanagement.com/docs/-m0-/67038/LazardUSRealtyIncomePortfolioProxyStatement.pdf or by calling (800) 823-6300.

Dated: July 27, 2018