# EDGAR Filing Document

**Accession Number:** 0000874964
**File Stem:** 0001752724-23-046497
**Filing Date:** 2023-2
**Character Count:** 26517
**Document Hash:** a972da14e11d6d2b95e87467bea903be
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-046497.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-046497

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20221231

**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:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06312
- **FILM NUMBER:** 23682541

**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

### Lazard International Equity Select Portfolio (Series ID: S000010272)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000028376 | Open Shares          | LZESX           |
| C000028377 | Institutional Shares | LZSIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** LAZARD FUNDS INC

- **b. Investment Company Act file number:** 811-06312

- **c. CIK number of Registrant:** 0000874964

- **d. LEI of Registrant:** FHQ86OSTXPK3IHDU6X52

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 30 ROCKEFELLER PLAZA

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10112

  - **Telephone number:** 212-632-6000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Lazard International Equity Select Portfolio

- **b. EDGAR series identifier (if any):** S000010272

- **c. LEI of Series:** 549300TMZWVV6LEB3184

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $54659771.73

**Total Liabilities:** $71199.65

**Net Assets:** $54588572.08

**Cash Not Reported:** $62864.69

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000028377 | 4.78%                | 10.12%               | -2.19%               |
| Class ID C000028376 | 4.65%                | 10.21%               | -2.23%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-878068.06              | $3031651.21                                |
| Month 2  | $208418.41               | $5591296.44                                |
| Month 3  | $-173502.73              | $-1084243.50                               |

### Schedule of Portfolio Investments

| Name                                      | Title                                                 | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Universal Music Group NV                  | Universal Music Group NV                              | CUSIP: 000000000<br>LEI: 724500GJBUL3D9TW9Y18 | Long             | EC               | CORP              | NL        |     41077 | NS      | $991564.52    | 1.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Accenture PLC                             | Accenture PLC                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      2616 | NS      | $698053.44    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| BP PLC                                    | BP PLC                                                | CUSIP: 000000000<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |    395691 | NS      | $2301035.66   | 4.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Continental AG                            | Continental AG                                        | CUSIP: 000000000<br>LEI: 529900A7YD9C0LLXM621 | Long             | EC               | CORP              | DE        |      9354 | NS      | $558863.23    | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Unilever PLC                              | Unilever PLC                                          | CUSIP: 000000000<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |     23076 | NS      | $1164160.80   | 2.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Disco Corp                                | Disco Corp                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3200 | NS      | $919896.97    | 1.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Olympus Corp                              | Olympus Corp                                          | CUSIP: 000000000<br>LEI: 5299000Y52IFDI1I2A21 | Long             | EC               | CORP              | JP        |     50800 | NS      | $897925.53    | 1.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Airbus SE                                 | Airbus SE                                             | CUSIP: 000000000<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | NL        |      8160 | NS      | $970242.51    | 1.78%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS Group Holdings Ltd                    | DBS Group Holdings Ltd                                | CUSIP: 000000000<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |     38800 | NS      | $982276.89    | 1.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Akzo Nobel NV                             | Akzo Nobel NV                                         | CUSIP: 000000000<br>LEI: 724500XYIJUGXAA5QD70 | Long             | EC               | CORP              | NL        |      8441 | NS      | $563234.47    | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ABB Ltd                                   | ABB Ltd                                               | CUSIP: 000000000<br>LEI: 5493000LKVGOO9PELI61 | Long             | EC               | CORP              | CH        |     26726 | NS      | $814014.54    | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Reliance Industries Ltd                   | Reliance Industries Ltd                               | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |     16998 | NS      | $521432.91    | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Thales SA                                 | Thales SA                                             | CUSIP: 000000000<br>LEI: 529900FNDVTQJOVVPZ19 | Long             | EC               | CORP              | FR        |      6394 | NS      | $817386.04    | 1.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Wuxi Lead Intelligent Equipment Co Ltd    | Wuxi Lead Intelligent Equipment Co Ltd                | CUSIP: 000000000<br>LEI: 836800J7WO9E2EF72B65 | Long             | EC               | CORP              | CN        |     49599 | NS      | $287322.50    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Henkel AG & Co KGaA                       | Henkel AG & Co KGaA                                   | CUSIP: 000000000<br>LEI: 549300VZCL1HTH4O4Y49 | Long             | EP               | CORP              | DE        |      6869 | NS      | $478178.01    | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                          | Roche Holding AG                                      | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |      3749 | NS      | $1178167.64   | 2.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens Healthineers AG                   | Siemens Healthineers AG                               | CUSIP: 000000000<br>LEI: 529900QBVWXMWANH7H45 | Long             | EC               | CORP              | DE        |     11590 | NS      | $579800.83    | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Daikin Industries Ltd                     | Daikin Industries Ltd                                 | CUSIP: 000000000<br>LEI: 549300Y7FWSTSHMW5Y57 | Long             | EC               | CORP              | JP        |      4900 | NS      | $753764.68    | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Mr Price Group Ltd                        | Mr Price Group Ltd                                    | CUSIP: 000000000<br>LEI: 378900D3417C35C5D733 | Long             | EC               | CORP              | ZA        |     38858 | NS      | $363719.16    | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Sungrow Power Supply Co Ltd               | Sungrow Power Supply Co Ltd                           | CUSIP: 000000000<br>LEI: 30030052IWC7RGVFG505 | Long             | EC               | CORP              | CN        |     39600 | NS      | $637278.16    | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| China Longyuan Power Group Corp Ltd       | China Longyuan Power Group Corp Ltd                   | CUSIP: 000000000<br>LEI: 5299008UYLF3O6V9T464 | Long             | EC               | CORP              | CN        |    448000 | NS      | $548062.33    | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Global Advisors              | State Street Institutional Treasury Money Market Fund | CUSIP: 857492870<br>LEI: 549300Q3FHSMZ70NLT76 | Long             | STIV             | RF                | US        |    629567 | NS      | $629566.98    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| RELX PLC                                  | RELX PLC                                              | CUSIP: 000000000<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |     59487 | NS      | $1648133.82   | 3.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ENN Energy Holdings Ltd                   | ENN Energy Holdings Ltd                               | CUSIP: 000000000<br>LEI: 549300V7BXPWT6WIPR03 | Long             | EC               | CORP              | KY        |     67800 | NS      | $945865.54    | 1.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Suncor Energy Inc                         | Suncor Energy Inc                                     | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |     35854 | NS      | $1137318.54   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Cie Financiere Richemont SA               | Cie Financiere Richemont SA                           | CUSIP: 000000000<br>LEI: 549300YIPGJ6UX2QPS51 | Long             | EC               | CORP              | CH        |      4502 | NS      | $582584.19    | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ESR Group Ltd                             | ESR Group Ltd                                         | CUSIP: 000000000<br>LEI: 549300C81AR42BZUFZ09 | Long             | EC               | CORP              | KY        |    216800 | NS      | $455056.74    | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| MTU Aero Engines AG                       | MTU Aero Engines AG                                   | CUSIP: 000000000<br>LEI: 529900807L67JY81RD65 | Long             | EC               | CORP              | DE        |      5126 | NS      | $1109473.19   | 2.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Bureau Veritas SA                         | Bureau Veritas SA                                     | CUSIP: 000000000<br>LEI: 969500TPU5T3HA5D1F11 | Long             | EC               | CORP              | FR        |     33369 | NS      | $878214.93    | 1.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Compass Group PLC                         | Compass Group PLC                                     | CUSIP: 000000000<br>LEI: 2138008M6MH9OZ6U2T68 | Long             | EC               | CORP              | GB        |     53768 | NS      | $1242414.48   | 2.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Liquide SA                            | Air Liquide SA                                        | CUSIP: 000000000<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |      7294 | NS      | $1037493.38   | 1.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Mandiri Persero Tbk PT               | Bank Mandiri Persero Tbk PT                           | CUSIP: 000000000<br>LEI: 549300RSKQN4Z5ZSGH94 | Long             | EC               | CORP              | ID        |   1234200 | NS      | $784336.81    | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Wolters Kluwer NV                         | Wolters Kluwer NV                                     | CUSIP: 000000000<br>LEI: 724500TEM53I0U077B74 | Long             | EC               | CORP              | NL        |      8215 | NS      | $858131.43    | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Engie SA                                  | Engie SA                                              | CUSIP: 000000000<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | EC               | CORP              | FR        |     94713 | NS      | $1356672.81   | 2.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Research Institute Ltd             | Nomura Research Institute Ltd                         | CUSIP: 000000000<br>LEI: 5299005F1HCVF4M4QN79 | Long             | EC               | CORP              | JP        |     36600 | NS      | $870072.66    | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Vestas Wind Systems A/S                   | Vestas Wind Systems A/S                               | CUSIP: 000000000<br>LEI: 549300DYMC8BGZZC8844 | Long             | EC               | CORP              | DK        |     22178 | NS      | $647955.68    | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Financiero Banorte SAB de CV        | Grupo Financiero Banorte SAB de CV                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |    122900 | NS      | $882402.64    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Pernod Ricard SA                          | Pernod Ricard SA                                      | CUSIP: 000000000<br>LEI: 52990097YFPX9J0H5D87 | Long             | EC               | CORP              | FR        |      4694 | NS      | $922650.63    | 1.69%             |  |  |  | No            |                  2 | On Loan: No      |
| ICON PLC                                  | ICON PLC                                              | CUSIP: 000000000<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |      4176 | NS      | $811188.00    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Autohome Inc                              | Autohome Inc                                          | CUSIP: 05278C107<br>LEI: 529900NYB6ZGZN3MVT56 | Long             | EC               | CORP              | KY        |     12245 | NS      | $374697.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| IMCD NV                                   | IMCD NV                                               | CUSIP: 000000000<br>LEI: 724500NSJPNFJPDAUP02 | Long             | EC               | CORP              | NL        |      3134 | NS      | $447646.93    | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Bandai Namco Holdings Inc                 | Bandai Namco Holdings Inc                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      7000 | NS      | $438980.72    | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Legrand SA                                | Legrand SA                                            | CUSIP: 000000000<br>LEI: 969500XXRPGD7HCAFA90 | Long             | EC               | CORP              | FR        |      9486 | NS      | $763788.38    | 1.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Li Ning Co Ltd                            | Li Ning Co Ltd                                        | CUSIP: 000000000<br>LEI: 529900T77L2FV3FZ3U81 | Long             | EC               | CORP              | KY        |     98500 | NS      | $845252.84    | 1.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Carlsberg AS                              | Carlsberg AS                                          | CUSIP: 000000000<br>LEI: 5299001O0WJQYB5GYZ19 | Long             | EC               | CORP              | DK        |      5616 | NS      | $743426.41    | 1.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Suzuki Motor Corp                         | Suzuki Motor Corp                                     | CUSIP: 000000000<br>LEI: 353800D83H0V3ZV1SV24 | Long             | EC               | CORP              | JP        |     12000 | NS      | $386077.83    | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Hoya Corp                                 | Hoya Corp                                             | CUSIP: 000000000<br>LEI: 353800X4VR3BHEUCJB42 | Long             | EC               | CORP              | JP        |      6300 | NS      | $609557.74    | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Aon PLC                                   | Aon PLC                                               | CUSIP: 000000000<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |      4583 | NS      | $1375541.62   | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Telkom Indonesia Persero Tbk PT           | Telkom Indonesia Persero Tbk PT                       | CUSIP: 715684106<br>LEI: 529900M5SQZAOKV1PC81 | Long             | EC               | CORP              | ID        |     17255 | NS      | $411531.75    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays PLC                              | Barclays PLC                                          | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | GB        |    258500 | NS      | $496988.51    | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Sampo Oyj                                 | Sampo Oyj                                             | CUSIP: 000000000<br>LEI: 743700UF3RL386WIDA22 | Long             | EC               | CORP              | FI        |     17695 | NS      | $925241.39    | 1.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Merck KGaA                                | Merck KGaA                                            | CUSIP: 000000000<br>LEI: 529900OAREIS0MOPTW25 | Long             | EC               | CORP              | DE        |      5988 | NS      | $1159637.22   | 2.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                 | Alibaba Group Holding Ltd                             | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |    105800 | NS      | $1168155.21   | 2.14%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Hynix Inc                              | SK Hynix Inc                                          | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |      6592 | NS      | $396784.84    | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Shimano Inc                               | Shimano Inc                                           | CUSIP: 000000000<br>LEI: 529900L32YT3P9DECR10 | Long             | EC               | CORP              | JP        |      2600 | NS      | $414252.44    | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd | Taiwan Semiconductor Manufacturing Co Ltd             | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     64000 | NS      | $932777.50    | 1.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Vonovia SE                                | Vonovia SE                                            | CUSIP: 000000000<br>LEI: 5299005A2ZEP6AP7KM81 | Long             | EC               | CORP              | DE        |     21642 | NS      | $510044.82    | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd                            | ICICI Bank Ltd                                        | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     67109 | NS      | $1469016.01   | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke DSM NV                        | Koninklijke DSM NV                                    | CUSIP: 000000000<br>LEI: 724500SNT1MK246AHP04 | Long             | EC               | CORP              | NL        |      6322 | NS      | $775048.69    | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA Group Ltd                             | AIA Group Ltd                                         | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |    139000 | NS      | $1531363.54   | 2.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                      | Tencent Holdings Ltd                                  | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |     23500 | NS      | $998801.83    | 1.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Ryanair Holdings PLC                      | Ryanair Holdings PLC                                  | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |     10830 | NS      | $809650.80    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Infineon Technologies AG                  | Infineon Technologies AG                              | CUSIP: 000000000<br>LEI: TSI2PJM6EPETEQ4X1U25 | Long             | EC               | CORP              | DE        |     27609 | NS      | $840906.12    | 1.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Anglo American PLC                        | Anglo American PLC                                    | CUSIP: 000000000<br>LEI: 549300S9XF92D1X8ME43 | Long             | EC               | CORP              | GB        |     15226 | NS      | $595529.73    | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Linde PLC                                 | Linde PLC                                             | CUSIP: 000000000<br>LEI: 8945002PAZHZLBGKGF02 | Long             | EC               | CORP              | IE        |      1474 | NS      | $481955.38    | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Teleperformance                           | Teleperformance                                       | CUSIP: 000000000<br>LEI: 9695004GI61FHFFNRG61 | Long             | EC               | CORP              | FR        |      1783 | NS      | $425468.15    | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-20

**Name of Applicant:** LAZARD FUNDS INC

**Signature:** Christopher Snively

**Name of Signer:** Christopher Snively

**Title:** Chief Financial Officer and Treasurer