# EDGAR Filing Document

**Accession Number:** 0000874964
**File Stem:** 0001752724-23-046486
**Filing Date:** 2023-2
**Character Count:** 20711
**Document Hash:** 08161ead916e67e6e4b31cc2bbea54a9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-046486.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-046486

**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:** 23682530

**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 US Sustainable Equity Portfolio (Series ID: S000068926)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000220245 | Open Shares          | SUSLX           |
| C000220247 | Institutional Shares | SUSTX           |

## 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 US Sustainable Equity Portfolio

- **b. EDGAR series identifier (if any):** S000068926

- **c. LEI of Series:** 254900C705JUE6680F98

**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:** $12788202.75

**Total Liabilities:** $29653.15

**Net Assets:** $12758549.60

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000220247 | 7.69%                | 6.41%                | -4.25%               |
| Class ID C000220245 | 7.60%                | 6.50%                | -4.35%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-40405.69               | $925460.06                                 |
| Month 2  | $93607.88                | $706019.59                                 |
| Month 3  | $-13.28                  | $-583436.55                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Cisco Systems Inc                    | Cisco Systems Inc                                     | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      5119 | NS      | $243869.16    | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| AZEK Co Inc/The                      | AZEK Co Inc/The                                       | CUSIP: 05478C105<br>LEI: 5493002LDDDU1RX46815 | Long             | EC               | CORP              | US        |      3737 | NS      | $75935.84     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                       | Salesforce Inc                                        | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      1781 | NS      | $236142.79    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                           | Intuit Inc                                            | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       423 | NS      | $164640.06    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                        | Accenture PLC                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      1125 | NS      | $300195.00    | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                    | Johnson & Johnson                                     | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      2142 | NS      | $378384.30    | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc               | UnitedHealth Group Inc                                | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |       770 | NS      | $408238.60    | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicell Inc                         | Omnicell Inc                                          | CUSIP: 68213N109<br>LEI: 5493008RH0GTKHHPZI77 | Long             | EC               | CORP              | US        |      1215 | NS      | $61260.30     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                        | Amphenol Corp                                         | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      1313 | NS      | $99971.82     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Ball Corp                            | Ball Corp                                             | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |      3639 | NS      | $186098.46    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc         | Thermo Fisher Scientific Inc                          | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |       491 | NS      | $270388.79    | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                             | NIKE Inc                                              | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |      1494 | NS      | $174812.94    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies Inc             | Agilent Technologies Inc                              | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |      1417 | NS      | $212054.05    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc/The | PNC Financial Services Group Inc/The                  | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |      2947 | NS      | $465449.18    | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                        | Medtronic PLC                                         | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |      3417 | NS      | $265569.24    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Estee Lauder Cos Inc/The             | Estee Lauder Cos Inc/The                              | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |       882 | NS      | $218833.02    | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                         | Prologis Inc                                          | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               |  | US        |      2777 | NS      | $313051.21    | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                             | Visa Inc                                              | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      2173 | NS      | $451462.48    | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                           | Zoetis Inc                                            | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      1751 | NS      | $256609.05    | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp               | Boston Scientific Corp                                | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |      5840 | NS      | $270216.80    | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The              | Procter & Gamble Co/The                               | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      2273 | NS      | $344495.88    | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors         | State Street Institutional Treasury Money Market Fund | CUSIP: 857492870<br>LEI: 549300Q3FHSMZ70NLT76 | Long             | STIV             | RF                | US        |    646276 | NS      | $646276.33    | 5.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corp                | Norfolk Southern Corp                                 | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |      1288 | NS      | $317388.96    | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                       | Microsoft Corp                                        | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      4010 | NS      | $961678.20    | 7.54%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Holdings Inc                   | IQVIA Holdings Inc                                    | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |       998 | NS      | $204480.22    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc        | Intercontinental Exchange Inc                         | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      3109 | NS      | $318952.31    | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                | Applied Materials Inc                                 | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      1474 | NS      | $143538.12    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation Inc              | Rockwell Automation Inc                               | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |      1072 | NS      | $276115.04    | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Watts Water Technologies Inc         | Watts Water Technologies Inc                          | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Long             | EC               | CORP              | US        |       696 | NS      | $101776.08    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                            | Adobe Inc                                             | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |       420 | NS      | $141342.60    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc                 | Waste Management Inc                                  | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |      1955 | NS      | $306700.40    | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| CyberArk Software Ltd                | CyberArk Software Ltd                                 | CUSIP: 000000000<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |       705 | NS      | $91403.25     | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                   | Walt Disney Co/The                                    | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      1494 | NS      | $129798.72    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                         | Xylem Inc/NY                                          | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |       874 | NS      | $96638.18     | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                           | Ecolab Inc                                            | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |       885 | NS      | $128820.60    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety Inc                       | MSA Safety Inc                                        | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |       722 | NS      | $104105.18    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                   | Home Depot Inc/The                                    | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      1052 | NS      | $332284.72    | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognex Corp                          | Cognex Corp                                           | CUSIP: 192422103<br>LEI: 549300JQTYZCLC43S226 | Long             | EC               | CORP              | US        |      2564 | NS      | $120790.04    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp                           | Sysco Corp                                            | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |      2982 | NS      | $227973.90    | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                           | Deere & Co                                            | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |       795 | NS      | $340864.20    | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                   | Analog Devices Inc                                    | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |      2364 | NS      | $387766.92    | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The              | Charles Schwab Corp/The                               | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      3427 | NS      | $285332.02    | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corp                  | Avery Dennison Corp                                   | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |       954 | NS      | $172674.00    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Laboratory Corp of America Holdings  | Laboratory Corp of America Holdings                   | CUSIP: 50540R409<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | EC               | CORP              | US        |       773 | NS      | $182026.04    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp                | ON Semiconductor Corp                                 | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |      1686 | NS      | $105155.82    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc                           | Humana Inc                                            | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |       447 | NS      | $228948.93    | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                         | Danaher Corp                                          | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      1478 | NS      | $392290.76    | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerce Bancshares Inc/MO           | Commerce Bancshares Inc/MO                            | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5906 | NS      | $402021.42    | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptiv PLC                            | Aptiv PLC                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JE        |      1197 | NS      | $111476.61    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                  | American Express Co                                   | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |       844 | NS      | $124701.00    | 0.98%             |  |  |  | No            |                  1 | 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