0000930413-25-001854.txt : 20250521 0000930413-25-001854.hdr.sgml : 20250521 20250521172443 ACCESSION NUMBER: 0000930413-25-001854 CONFORMED SUBMISSION TYPE: 497K PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20250521 DATE AS OF CHANGE: 20250521 EFFECTIVENESS DATE: 20250521 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LAZARD FUNDS INC CENTRAL INDEX KEY: 0000874964 ORGANIZATION NAME: EIN: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497K SEC ACT: 1933 Act SEC FILE NUMBER: 033-40682 FILM NUMBER: 25974089 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 S000068926 Lazard US Sustainable Equity Portfolio C000220245 Open Shares SUSLX C000220246 R6 Shares SUSRX C000220247 Institutional Shares SUSTX 497K 1 c112776_497k.htm

THE LAZARD FUNDS, INC.
Lazard US Sustainable Equity 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 US Sustainable Equity Portfolio (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 July 21, 2025.

 

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: May 21, 2025

 

Please retain this supplement for future reference.