<SEC-DOCUMENT>0000930413-20-001285-index.html : 20200430
<SEC-HEADER>0000930413-20-001285.hdr.sgml : 20200430
<ACCEPTANCE-DATETIME>20200430103753
ACCESSION NUMBER:		0000930413-20-001285
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		33
FILED AS OF DATE:		20200430
DATE AS OF CHANGE:		20200430
EFFECTIVENESS DATE:		20200430

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:		20833790

	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
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000010263
<SERIES-NAME>Lazard International Small Cap Equity Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028358
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LZSMX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028359
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LZISX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000134184
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLICX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000010264
<SERIES-NAME>Lazard Emerging Markets Equity Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028360
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LZOEX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028361
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LZEMX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000134185
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLEMX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000010265
<SERIES-NAME>Lazard US Corporate Income Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028362
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LZHOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028363
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LZHYX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000134186
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLCIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000010266
<SERIES-NAME>Lazard US Equity Focus Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028364
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LZUOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028365
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LZUSX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000134187
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLUSX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000010267
<SERIES-NAME>Lazard US Equity Concentrated Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028366
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LEVOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028367
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LEVIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000134188
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLUEX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000010269
<SERIES-NAME>Lazard US Small-Mid Cap Equity Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028370
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LZCOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028371
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LZSCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000134190
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLSMX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000010271
<SERIES-NAME>Lazard International Equity Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028374
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LZIOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028375
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LZIEX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000134191
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLIEX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000010272
<SERIES-NAME>Lazard International Equity Select Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028376
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LZESX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028377
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LZSIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000134192
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLIQX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000010273
<SERIES-NAME>Lazard International Strategic Equity Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028378
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LISOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000028379
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LISIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000134193
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLITX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000020883
<SERIES-NAME>Lazard Opportunistic Strategies Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000058929
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LCAIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000058930
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LCAOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000134194
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLCPX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000023480
<SERIES-NAME>Lazard Developing Markets Equity Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000069022
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LDMIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000069023
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LDMOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000134195
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLDMX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000027245
<SERIES-NAME>Lazard Global Listed Infrastructure Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000082231
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>GLIFX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000082232
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>GLFOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000134196
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLGLX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000028828
<SERIES-NAME>Lazard Emerging Markets Equity Blend Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000088404
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>EMBIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000088405
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>EMBOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000134197
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLEBX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000031123
<SERIES-NAME>Lazard Emerging Markets Debt Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000096531
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LEDIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000096532
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LEDOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000134198
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLEDX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000031124
<SERIES-NAME>Lazard US Short Duration Fixed Income Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000096533
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>UMNIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000096534
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>UMNOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000134199
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLSDX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000033724
<SERIES-NAME>Lazard US Realty Equity Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000103954
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LREOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000105887
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LREIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000134202
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLREX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000035892
<SERIES-NAME>Lazard Global Fixed Income Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000110020
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LZGIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000110021
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LZGOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000134204
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLGFX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000037196
<SERIES-NAME>Lazard Global Dynamic Multi-Asset Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000114570
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>GDMIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000114571
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>GDMOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000134205
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>GDMAX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000042723
<SERIES-NAME>Lazard Emerging Markets Core Equity Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000132106
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>ECEIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000132107
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>ECEOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000136816
<CLASS-CONTRACT-NAME>R6
<CLASS-CONTRACT-TICKER-SYMBOL>RLEOX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000043739
<SERIES-NAME>Lazard Global Equity Select Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000135644
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>GESIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000135645
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>GESOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000135646
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLGEX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000046422
<SERIES-NAME>Lazard Global Strategic Equity Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000145068
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LSTIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000145069
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LSTOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000145070
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RGSTX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000046423
<SERIES-NAME>Lazard International Equity Concentrated Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000145071
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LCNIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000145072
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LCNOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000145073
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RICNX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000047900
<SERIES-NAME>Lazard Enhanced Opportunities Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000150427
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LEOIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000150428
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LEOOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000150429
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLZEX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000049414
<SERIES-NAME>Lazard Emerging Markets Equity Advantage Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000156252
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LEAIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000156253
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LEAOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000156254
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>READX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000049415
<SERIES-NAME>Lazard International Equity Advantage Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000156255
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>IEAIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000156256
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>IEAOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000156257
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RIADX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000049416
<SERIES-NAME>Lazard Managed Equity Volatility Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000156258
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>MEVIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000156259
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>MEVOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000156260
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RMEVX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000056012
<SERIES-NAME>Lazard Real Assets and Pricing Opportunities Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000176375
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RALIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000176376
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RALOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000176377
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RALYX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000059092
<SERIES-NAME>Lazard Equity Franchise Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000193735
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LZFIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000193736
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>LZFOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000193737
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RLZFX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000063440
<SERIES-NAME>Lazard International Equity Value Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000205571
<CLASS-CONTRACT-NAME>R6 Shares
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000205572
<CLASS-CONTRACT-NAME>Institutional Shares
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000205573
<CLASS-CONTRACT-NAME>Open Shares
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0000874964
<SERIES-ID>S000064063
<SERIES-NAME>Lazard International Quality Growth Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000207192
<CLASS-CONTRACT-NAME>Open Shares
<CLASS-CONTRACT-TICKER-SYMBOL>OCMPX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000207193
<CLASS-CONTRACT-NAME>R6 Shares
<CLASS-CONTRACT-TICKER-SYMBOL>RCMPX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000207194
<CLASS-CONTRACT-NAME>Institutional Shares
<CLASS-CONTRACT-TICKER-SYMBOL>ICMPX
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<FILENAME>c95302_497.htm
<TEXT>
Document 1 - file: c95302_497.htm
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>2 <FILENAME>img_e5900de88e0d4.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 2 - file: img_e5900de88e0d4.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>3 <FILENAME>img_0521256b68664.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 3 - file: img_0521256b68664.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>4 <FILENAME>img_46a1a85f30784.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 4 - file: img_46a1a85f30784.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>5 <FILENAME>img_f777eb9f1e514.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 5 - file: img_f777eb9f1e514.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>6 <FILENAME>img_1798da5eb98f4.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 6 - file: img_1798da5eb98f4.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>7 <FILENAME>img_6a29508de3554.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 7 - file: img_6a29508de3554.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>8 <FILENAME>img_89cc4cca0e8c4.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 8 - file: img_89cc4cca0e8c4.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>9 <FILENAME>img_58f145581b5d4.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 9 - file: img_58f145581b5d4.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>10 <FILENAME>img_bb236a3c2dac4.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 10 - file: img_bb236a3c2dac4.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>11 <FILENAME>img_45dbb989ab034.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 11 - file: img_45dbb989ab034.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>12 <FILENAME>img_79f98a9572a04.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 12 - file: img_79f98a9572a04.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>13 <FILENAME>img_f342a49a425a4.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 13 - file: img_f342a49a425a4.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>14 <FILENAME>img_65537999c8264.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 14 - file: img_65537999c8264.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>15 <FILENAME>img_7cf2da1267954.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 15 - file: img_7cf2da1267954.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>16 <FILENAME>img_42ea0800263a4.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 16 - file: img_42ea0800263a4.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>17 <FILENAME>img_b7fffbbd05c74.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 17 - file: img_b7fffbbd05c74.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>18 <FILENAME>img_127cb36765c24.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 18 - file: img_127cb36765c24.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>19 <FILENAME>img_7c116aa0c3444.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 19 - file: img_7c116aa0c3444.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>20 <FILENAME>img_ef8b9b709fef4.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 20 - file: img_ef8b9b709fef4.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>21 <FILENAME>img_d73d8941486d4.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 21 - file: img_d73d8941486d4.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>22 <FILENAME>img_ccfbee1f65a34.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 22 - file: img_ccfbee1f65a34.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>23 <FILENAME>img_09fb4fa0bca64.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 23 - file: img_09fb4fa0bca64.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>24 <FILENAME>img_b5a862b186eb4.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 24 - file: img_b5a862b186eb4.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>25 <FILENAME>img_fdb958a76c394.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 25 - file: img_fdb958a76c394.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>26 <FILENAME>img_0c8205c0629c4.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 26 - file: img_0c8205c0629c4.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>27 <FILENAME>img_85b2f78ff9ed4.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 27 - file: img_85b2f78ff9ed4.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>28 <FILENAME>img_2bae2eca847d4.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 28 - file: img_2bae2eca847d4.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>29 <FILENAME>img_e80324bc28c34.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 29 - file: img_e80324bc28c34.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>30 <FILENAME>img_55ed403e77044.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 30 - file: img_55ed403e77044.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>31 <FILENAME>img_b8a9a68fd1be4.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 31 - file: img_b8a9a68fd1be4.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>32 <FILENAME>img_9f9231635a134.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 32 - file: img_9f9231635a134.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>33 <FILENAME>img_85f1f88b78324.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 33 - file: img_85f1f88b78324.jpg
</DOCUMENT> </SEC-DOCUMENT>