0000930413-19-002359.txt : 20190816 0000930413-19-002359.hdr.sgml : 20190816 20190816142434 ACCESSION NUMBER: 0000930413-19-002359 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20190816 DATE AS OF CHANGE: 20190816 EFFECTIVENESS DATE: 20190816 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: 191032677 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 S000046422 Lazard Global Strategic Equity Portfolio C000145068 Institutional Shares LSTIX C000145069 Open Shares LSTOX C000145070 R6 Shares RGSTX 497 1 c94179_497.htm

THE LAZARD FUNDS, INC.

Lazard Global Strategic Equity Portfolio

 

Supplement to Current Prospectus

 

The following replaces “Summary Section—Lazard Global Strategic Equity Portfolio—Average Annual Total Returns” in the Prospectus:

 

After-tax returns are shown only for Institutional Shares. After-tax returns of the Portfolio’s other share classes will vary. After-tax returns are calculated using the historical highest individual marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. Returns shown below for the Portfolio’s R6 Shares (which were not operational as of December 31, 2018) reflect the performance of the Portfolio’s Institutional Shares. R6 Shares would have had substantially similar returns as Institutional Shares because the share classes are invested in the same portfolio of securities, and the returns would differ only to the extent that the classes do not have the same expenses.

 

  Inception
Date		   1 Year   Life of
Portfolio
Institutional Shares: 8/29/14        
Returns Before Taxes     -9.16%   2.25%
Returns After Taxes on Distributions     -15.09%   -5.40%
Returns After Taxes on Distributions and Sale of Portfolio Shares     -2.50%   1.02%
Open Shares (Returns Before Taxes) 8/29/14   -9.39%   1.93%
R6 Shares (Returns Before Taxes)     -9.16%   2.25%
MSCI All Country World Index
(reflects no deduction for fees, expense or taxes)		     -9.42%   3.26%

 

Dated: August 16, 2019