0000930413-20-001812.txt : 20200715 0000930413-20-001812.hdr.sgml : 20200715 20200715102352 ACCESSION NUMBER: 0000930413-20-001812 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 15 FILED AS OF DATE: 20200715 DATE AS OF CHANGE: 20200715 EFFECTIVENESS DATE: 20200715 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: 201028464 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 S000010266 Lazard US Equity Focus Portfolio

C000028364 Open Shares LZUOX

C000028365 Institutional Shares LZUSX

C000134187 R6 Shares RLUSX

497 1 c100067_497.htm

RULE 497 DOCUMENT

The interactive data file included as an exhibit to this filing relates to the supplement to the prospectus of The Lazard Funds, Inc. that was filed with the Securities and Exchange Commission pursuant to Rule 497(e) under the Securities Act of 1933, as amended, on July 1, 2020 (Accession No. 0000930413-20-001726), which is incorporated herein by reference.

EX-101.INS 2 cik0000874964-20200629.xml 0000874964 2019-12-31 2019-12-31 0000874964 cik0000874964:S000010266Member 2019-12-31 2019-12-31 false 2020-06-29 2020-06-29 2019-12-31 497 0000874964 N-1A LAZARD FUNDS INC 2020-06-29 Lazard US Equity Focus Portfolio THE LAZARD FUNDS, INC. Lazard US Equity Focus Portfolio Supplement to Current Prospectus At a special meeting of shareholders of Lazard US Equity Focus Portfolio (the "Portfolio") held on June 29, 2020, shareholders of the Portfolio approved changing the Portfolio's subclassification from a "diversified company" to a "non-diversified company," as such terms are defined in the Investment Company Act of 1940, as amended.  Accordingly, the following changes are effective immediately: The following replaces the last paragraph of the section of the prospectus entitled "Summary Section— Lazard US Equity Focus Portfolio—Principal Investment Strategies" and the sixth paragraph of the section of the prospectus entitled "Investment Strategies and Risks—Investment Strategies—Lazard US Equity Focus Portfolio": The Portfolio is classified as "non-diversified" under the Investment Company Act of 1940, as amended, which means that it may invest a relatively high percentage of its assets in a limited number of issuers, when compared to a diversified fund. The following replaces "Focused Investing Risk" in the section of the prospectus entitled "Summary Section—Lazard US Equity Focus Portfolio—Principal Investment Risks": Non-Diversification Risk. The Portfolio's net asset value may be more vulnerable to changes in the market value of a single issuer or group of issuers and may be relatively more susceptible to adverse effects from any single corporate, industry, economic, market, political or regulatory occurrence than if the Portfolio's investments consisted of securities issued by a larger number of issuers. 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percentage of Offering Price) Maximum Deferred Sales Charge (as a percentage of Offering Price) Maximum Deferred Sales Charge (as a percentage) Maximum Deferred Sales Charge (as a percentage) Maximum Sales Charge on Reinvested Dividends and Distributions (as a percentage) Maximum Sales Charge on Reinvested Dividends and Distributions (as a percentage) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee Redemption Fee Exchange Fee (as a percentage of Amount Redeemed) Exchange Fee (as a percentage of Amount Redeemed) Exchange Fee Exchange Fee Maximum Account Fee (as a percentage of Assets) Maximum Account Fee (as a percentage of Assets) Maximum Account Fee Maximum Account Fee Shareholder Fee, Other Shareholder Fee, Other Operating Expenses Caption [Text] Operating Expenses Caption [Text] Operating Expenses Column [Text] Operating Expenses Column [Text] Management Fees (as a percentage of Assets) Management Fees (as a 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Document and Entity Information	Dec. 31, 2019
Prospectus:
Document Type	497
Document Period End Date	Dec. 31, 2019
Entity Registrant Name	LAZARD FUNDS INC
Entity Central Index Key	0000874964
Entity Inv Company Type	N-1A
Amendment Flag	false
Document Creation Date	Jun. 29, 2020
Document Effective Date	Jun. 29, 2020
Prospectus Date	Jun. 29, 2020

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Dec. 31, 2019
Lazard US Equity Focus Portfolio
Lazard US Equity Focus Portfolio
THE LAZARD FUNDS, INC. Lazard US Equity Focus Portfolio Supplement to Current Prospectus At a special meeting of shareholders of Lazard US Equity Focus Portfolio (the "Portfolio") held on June 29, 2020, shareholders of the Portfolio approved changing the Portfolio's subclassification from a "diversified company" to a "non-diversified company," as such terms are defined in the Investment Company Act of 1940, as amended. Accordingly, the following changes are effective immediately: The following replaces the last paragraph of the section of the prospectus entitled "Summary Section— Lazard US Equity Focus Portfolio—Principal Investment Strategies" and the sixth paragraph of the section of the prospectus entitled "Investment Strategies and Risks—Investment Strategies—Lazard US Equity Focus Portfolio": The Portfolio is classified as "non-diversified" under the Investment Company Act of 1940, as amended, which means that it may invest a relatively high percentage of its assets in a limited number of issuers, when compared to a diversified fund. The following replaces "Focused Investing Risk" in the section of the prospectus entitled "Summary Section—Lazard US Equity Focus Portfolio—Principal Investment Risks": Non-Diversification Risk. The Portfolio's net asset value may be more vulnerable to changes in the market value of a single issuer or group of issuers and may be relatively more susceptible to adverse effects from any single corporate, industry, economic, market, political or regulatory occurrence than if the Portfolio's investments consisted of securities issued by a larger number of issuers. Dated: July 1, 2020

Dec. 31, 2019

Lazard US Equity Focus Portfolio

THE LAZARD FUNDS, INC.

Lazard US Equity Focus Portfolio

Supplement to Current Prospectus

At a special meeting of shareholders of Lazard US Equity Focus Portfolio (the "Portfolio") held on June 29, 2020, shareholders of the Portfolio approved changing the Portfolio's subclassification from a "diversified company" to a "non-diversified company," as such terms are defined in the Investment Company Act of 1940, as amended. Accordingly, the following changes are effective immediately:

The following replaces the last paragraph of the section of the prospectus entitled "Summary Section— Lazard US Equity Focus Portfolio—Principal Investment Strategies" and the sixth paragraph of the section of the prospectus entitled "Investment Strategies and Risks—Investment Strategies—Lazard US Equity Focus Portfolio":

The Portfolio is classified as "non-diversified" under the Investment Company Act of 1940, as amended, which means that it may invest a relatively high percentage of its assets in a limited number of issuers, when compared to a diversified fund.

The following replaces "Focused Investing Risk" in the section of the prospectus entitled "Summary Section—Lazard US Equity Focus Portfolio—Principal Investment Risks":

Non-Diversification Risk. The Portfolio's net asset value may be more vulnerable to changes in the market value of a single issuer or group of issuers and may be relatively more susceptible to adverse effects from any single corporate, industry, economic, market, political or regulatory occurrence than if the Portfolio's investments consisted of securities issued by a larger number of issuers.

Dated: July 1, 2020

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