# EDGAR Filing Document

**Accession Number:** 0000874964
**File Stem:** 0001410368-26-021523
**Filing Date:** 2026-3
**Character Count:** 11783
**Document Hash:** 2168e0723356703fab94f62e5f94f8d5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-021523.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0001410368-26-021523

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**PERIOD START**: 20251231

**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:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06312
- **FILM NUMBER:** 26706155

**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 Opportunistic Strategies Portfolio (Series ID: S000020883)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000058929 | Institutional Shares | LCAIX           |
| C000058930 | Open Shares          | LCAOX           |

## 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 Opportunistic Strategies Portfolio

- **b. EDGAR series identifier (if any):** S000020883

- **c. LEI of Series:** X3TQJN4RU7Q4BZLK8Q19

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $23931730.32

**Total Liabilities:** $116481.08

**Net Assets:** $23815249.24

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000058929 | 1.59%                | -0.26%               | 0.32%                |
| Class ID C000058930 | 1.60%                | -0.35%               | 0.34%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $195440.76               | $285373.82                                 |
| Month 2  | $130645.15               | $-142416.55                                |
| Month 3  | $77287.95                | $-225660.77                                |

**Designated Index Information**

- **Index Name:** MSCI World Index

- **Index Identifier:** MXWO

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Franklin FTSE Latin America ETF                     | Franklin FTSE Latin America ETF                                                                                 | CUSIP: 35473P561<br>LEI: 549300G41CKYHFFHVD28 | Long             | EC               | RF                | US        |     26432 | NS      | $636741.59    | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco QQQ Trust Series 1                          | Invesco QQQ Trust Series 1                                                                                      | CUSIP: 46090E103<br>LEI: 549300VY6FEJBCIMET58 | Long             | EC               | RF                | US        |      2362 | NS      | $1451000.22   | 6.09%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares iBoxx $ Investment Grade Corporate Bond ETF | iShares iBoxx $ Investment Grade Corporate Bond ETF                                                             | CUSIP: 464287242<br>LEI: 549300FYCXFXG8POR355 | Long             | EC               | RF                | US        |      6910 | NS      | $761412.90    | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares 20+ Year Treasury Bond ETF                  | iShares 20+ Year Treasury Bond ETF                                                                              | CUSIP: 464287432<br>LEI: 549300WWURKS1JGBZU59 | Long             | EC               | RF                | US        |     33316 | NS      | $2903822.56   | 12.19%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares 1-3 Year Treasury Bond ETF                  | iShares 1-3 Year Treasury Bond ETF                                                                              | CUSIP: 464287457<br>LEI: 549300W0WX9TL4G6HM56 | Long             | EC               | RF                | US        |     15130 | NS      | $1253066.60   | 5.26%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares International Treasury Bond ETF             | iShares International Treasury Bond ETF                                                                         | CUSIP: 464288117<br>LEI: 549300B2GPMXZXJU1462 | Long             | EC               | RF                | US        |     11622 | NS      | $484172.52    | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI ACWI ex U.S. ETF                       | iShares MSCI ACWI ex U.S. ETF                                                                                   | CUSIP: 464288240<br>LEI: 5493000IN0VJK5DV3698 | Long             | EC               | RF                | US        |      7361 | NS      | $494143.93    | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI USA Momentum Factor ETF                | iShares MSCI USA Momentum Factor ETF                                                                            | CUSIP: 46432F396<br>LEI: 5493002ZOOZ0SN3YYI81 | Long             | EC               | RF                | US        |      2609 | NS      | $653058.79    | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Japan ETF                              | iShares MSCI Japan ETF                                                                                          | CUSIP: 46434G822<br>LEI: 5493008I6YRUC6I0S051 | Long             | EC               | RF                | US        |     17152 | NS      | $1384852.48   | 5.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Lazard Next Gen Technologies ETF                    | Lazard Next Gen Technologies ETF                                                                                | CUSIP: 52110K509<br>LEI: 529900IG717VQD7NE532 | Long             | EC               | RF                | US        |     12195 | NS      | $457324.70    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR EURO STOXX 50 ETF                              | SPDR EURO STOXX 50 ETF                                                                                          | CUSIP: 78463X202<br>LEI: 549300FS6B2JRJXYB418 | Long             | EC               | RF                | US        |     16458 | NS      | $1059730.62   | 4.45%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Copper Index Fund                     | United States Copper Index Fund                                                                                 | CUSIP: 911718104<br>LEI: 54930051JW65R2UMMD48 | Long             | EC               | RF                | US        |     16449 | NS      | $575057.04    | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard S&P 500 Growth ETF                         | Vanguard S&P 500 Growth ETF                                                                                     | CUSIP: 921932505<br>LEI: N/A                  | Long             | EC               | RF                | US        |      7796 | NS      | $3466023.64   | 14.55%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard S&P 500 Value ETF                          | Vanguard S&P 500 Value ETF                                                                                      | CUSIP: 921932703<br>LEI: N/A                  | Long             | EC               | RF                | US        |     13694 | NS      | $2805215.90   | 11.78%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard S&P 500 ETF                                | Vanguard S&P 500 ETF                                                                                            | CUSIP: 922908363<br>LEI: 549300D8V8ZP5GRJOC71 | Long             | EC               | RF                | US        |      5924 | NS      | $3715118.12   | 15.60%            |  |  |  | No            |                  1 | On Loan: No      |
| LAZARD GOVT MNY MMKT INS                            | LAZARD GOVT MNY MMKT INS                                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1496981 | NS      | $1496981.46   | 6.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs International                         | Long: AEIJ17649 TRS USD R E AEIJ17649 TRS RE / Short: AEIJ17649 TRS USD P V 00MSOFR AEIJ17649 TRS RV +105BPS    | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DE               |  | US        |    594248 | OU      | $26931.62     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                         | Long: AEIJ19561 TRS USD R E AEIJ19561 TRS RE / Short: AEIJ19561 TRS USD P V 00MSOFR AEIJ19561 TRS PV SOFR+80BPS | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DE               |  | US        |    569957 | OU      | $25059.45     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| WisdomTree Aluminium                                | WisdomTree Aluminium                                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | JE        |     69956 | NS      | $271770.32    | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-16

**Name of Applicant:** LAZARD FUNDS INC

**Signature:** Christina Kennedy

**Name of Signer:** Christina Kennedy

**Title:** Chief Financial Officer