0000930413-24-000797.txt : 20240229 0000930413-24-000797.hdr.sgml : 20240229 20240229160207 ACCESSION NUMBER: 0000930413-24-000797 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240229 DATE AS OF CHANGE: 20240229 EFFECTIVENESS DATE: 20240229 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LAZARD FUNDS INC CENTRAL INDEX KEY: 0000874964 ORGANIZATION NAME: 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: 24703436 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 S000037196 Lazard Global Dynamic Multi-Asset Portfolio

C000114570 Institutional Shares GDMIX

C000114571 Open Shares GDMOX

C000134205 R6 Shares GDMAX

0000874964 S000046422 Lazard Global Strategic Equity Portfolio

C000145068 Institutional Shares LSTIX

C000145069 Open Shares LSTOX

C000145070 R6 Shares RGSTX

497 1 c108355_497.htm

THE LAZARD FUNDS, INC.
Lazard Global Strategic Equity Portfolio

Lazard Global Dynamic Multi-Asset Portfolio

Supplement to Current Summary Prospectus and Prospectus

The Board of Directors of The Lazard Funds, Inc. (the “Fund”) has approved the liquidation of Lazard Global Strategic Equity Portfolio and Lazard Global Dynamic Multi-Asset Portfolio (each, the “Portfolio”).

No further investments are being accepted into the Portfolio, except for investments by certain brokers or other financial intermediaries or employee benefit or retirement plans (acting on behalf of their clients or participants) with pre-existing investments in the Portfolio pursuant to an agreement or other arrangement with the Fund, the Distributor or another agent of the Fund regarding Portfolio investments. Promptly upon completion of liquidation of the Portfolio’s investments, the Portfolio will redeem all its outstanding shares by distribution of its assets to shareholders in amounts equal to the net asset value of each shareholder’s Portfolio investment. It is anticipated that the Portfolio’s assets will be distributed to shareholders on or about April 30, 2024.

Prior to the liquidation of the Portfolio, depending on the arrangements of any broker or other financial intermediary associated with your account through which Portfolio shares are held, the Fund’s exchange privilege may allow you to exchange shares of the Portfolio for shares of the same Class of another series of the Fund in an identically registered account. Please see the section of the Prospectus entitled “Shareholder Information—Investor Services—Exchange Privilege” for more information.

Dated: February 29, 2024