# EDGAR Filing Document

**Accession Number:** 0000874964
**File Stem:** 0001752724-25-196753
**Filing Date:** 2025-8
**Character Count:** 20625
**Document Hash:** 2d16948e9bce55db5287cde0b3e3a15a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-196753.hdr.sgml**: 20250821

**ACCESSION NUMBER**: 0001752724-25-196753

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250821

**DATE AS OF CHANGE**: 20250821

**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:** 251239699

**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:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **Yes**

### Fund Information

**Total Assets:** $9272580.47

**Total Liabilities:** $32768.06

**Net Assets:** $9239812.41

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000220247 | -0.64%               | 4.67%                | 3.02%                |
| Class ID C000220245 | -0.64%               | 4.60%                | 3.02%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $82695.00                | $-151416.15                                |
| Month 2  | $16836.98                | $388553.76                                 |
| Month 3  | $96855.54                | $167634.99                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Nordson Corp                  | Nordson Corp                                               | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |       623 | NS      | $133552.51    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                | Salesforce Inc                                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |       392 | NS      | $106894.48    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                 | Accenture PLC                                              | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |       700 | NS      | $209223.00    | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc    | Vertex Pharmaceuticals Inc                                 | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |       110 | NS      | $48972.00     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Fixed Income Clearing Corp    | FIXED INC CLEARING CORP.REPO                               | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |    370000 | PA      | $370000.00    | 4.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc        | UnitedHealth Group Inc                                     | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |       306 | NS      | $95462.82     | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc            | United Rentals Inc                                         | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |        78 | NS      | $58765.20     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                 | Amphenol Corp                                              | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      1670 | NS      | $164912.50    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc  | Thermo Fisher Scientific Inc                               | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |       270 | NS      | $109474.20    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                     | Chubb Ltd                                                  | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |       482 | NS      | $139645.04    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                 | Medtronic PLC                                              | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |      1219 | NS      | $106260.23    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                      | Visa Inc                                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      1326 | NS      | $470796.30    | 5.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                    | Zoetis Inc                                                 | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      1066 | NS      | $166242.70    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp        | Boston Scientific Corp                                     | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |      2895 | NS      | $310951.95    | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc                | CBRE Group Inc                                             | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |       891 | NS      | $124846.92    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The       | Procter & Gamble Co/The                                    | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      1540 | NS      | $245352.80    | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line Inc | Old Dominion Freight Line Inc                              | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |       629 | NS      | $102086.70    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                | Microsoft Corp                                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      1669 | NS      | $830177.29    | 8.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc | Intercontinental Exchange Inc                              | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      1906 | NS      | $349693.82    | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc         | Applied Materials Inc                                      | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |       634 | NS      | $116066.38    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation Inc       | Rockwell Automation Inc                                    | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |       242 | NS      | $80385.14     | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Watts Water Technologies Inc  | Watts Water Technologies Inc                               | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Long             | EC               | CORP              | US        |       427 | NS      | $104995.03    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC        | Trane Technologies PLC                                     | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |       474 | NS      | $207332.34    | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                   | NVIDIA Corp                                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |       193 | NS      | $30492.07     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                     | Adobe Inc                                                  | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |        50 | NS      | $19344.00     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc          | Waste Management Inc                                       | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |      1021 | NS      | $233625.22    | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| CyberArk Software Ltd         | CyberArk Software Ltd                                      | CUSIP: 000000000<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |       275 | NS      | $111892.00    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                     | Linde PLC                                                  | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |       332 | NS      | $155767.76    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc        | Marvell Technology Inc                                     | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1466 | NS      | $113468.40    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos Inc              | Carlisle Cos Inc                                           | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |       262 | NS      | $97830.80     | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc    | Cadence Design Systems Inc                                 | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |       499 | NS      | $153766.85    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                  | Xylem Inc/NY                                               | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |       792 | NS      | $102453.12    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety Inc                | MSA Safety Inc                                             | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |       366 | NS      | $61315.98     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                  | Broadcom Inc                                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      1166 | NS      | $321407.90    | 3.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The            | Home Depot Inc/The                                         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |       792 | NS      | $290378.88    | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The       | Sherwin-Williams Co/The                                    | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |       305 | NS      | $104724.80    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                    | Deere & Co                                                 | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |       383 | NS      | $194751.67    | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc            | Analog Devices Inc                                         | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |      1479 | NS      | $352031.58    | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The       | Charles Schwab Corp/The                                    | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      3611 | NS      | $329467.64    | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corp           | Avery Dennison Corp                                        | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |       501 | NS      | $87910.47     | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                | Starbucks Corp                                             | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |       993 | NS      | $90988.59     | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                  | QUALCOMM Inc                                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |       703 | NS      | $111959.78    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                     | Apple Inc                                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      2799 | NS      | $574270.83    | 6.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                  | Danaher Corp                                               | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      1053 | NS      | $208009.62    | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerce Bancshares Inc/MO    | Commerce Bancshares Inc/MO                                 | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2851 | NS      | $177246.67    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors  | State Street Institutional Treasury Plus Money Market Fund | CUSIP: 857492854<br>LEI: 549300PNASLVKQG64331 | Long             | STIV             | RF                | US        |     22084 | NS      | $22083.50     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                | Merck & Co Inc                                             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      1590 | NS      | $125864.40    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                | S&P Global Inc                                             | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |       447 | NS      | $235698.63    | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                | Eli Lilly & Co                                             | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       218 | NS      | $169937.54    | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co           | American Express Co                                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |       436 | NS      | $139075.28    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-29

**Name of Applicant:** LAZARD FUNDS INC

**Signature:** Christina Kennedy

**Name of Signer:** Christina Kennedy

**Title:** Chief Financial Officer