U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
Read instructions at end of Form before preparing Form.
Please print or type.
1. Name and address of issuer:
The Lazard Funds, Inc.
30 Rockefeller Plaza
New York, New York 10020
2. Name of each series or class of funds for which this notice is filed:
Equity Portfolio Bond Portfolio
International Equity Portfolio Strategic Yield Portfolio
International Fixed-Income Portfolio Small Cap Portfolio
International Small Cap Portfolio Emerging Markets Portfolio
3. Investment Company Act File Number: 811-6312
Securities Act File Number: 33-40682
4. Last day of fiscal year for which this notice is filed:
December 31, 1995
5. Check box if this notice is being filed more than 180 days after the
close of the issuer's fiscal year for purposes of reporting securities
sold after the close of the fiscal year but before termination of the
issuer's 24f-2 declaration:
[ ]
6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see Instruction A.6):
7. Number and amount of securities of the same class or series which had
been registered under the Securities Act of 1933 other than pursuant
to rule 24f-2 in a prior fiscal year, but which remained unsold at the
beginning of the fiscal year:
None
8. Number and amount of securities registered during the fiscal year
other than pursuant to rule 24f-2:
None
9. Number and aggregate sale price of securities sold during the
fiscal year:
Number: 73,983,766 Aggregate sale price: $927,705,455
10. Number and aggregate sale price of securities sold during the
fiscal year in reliance upon registration pursuant to rule 24f-2:
Number: 73,983,766 Aggregate sale price: $927,705,455
11. Number and aggregate sale price of securities issued during the
fiscal year in connection with dividend reinvestment plans, if
applicable (See Instruction B.7):
Number: 6,948,593 Aggregate sale price: $ 98,431,963
12. Calculation of registration fee:
(i) Aggregate sale price of securities sold during
the fiscal year in reliance on rule 24f-2
(from Item 10): $927,705,455
(ii) Aggregate price of shares issued in connection
with dividend reinvestment plans (from Item 11,
if applicable): +$ 98,431,963
(iii) Aggregate price of shares redeemed or repur-
chased during the fiscal year (if applicable): -$307,478,073
(iv) Aggregate price of shares redeemed or repur-
chased and previously applied as a reduction
to filing fees pursuant to rule 24e-2 (if
applicable): + 0
(v) Net aggregate price of securities sold and
issued during the fiscal year in reliance
on rule 24f-2 [line (i), plus line (ii),
less line (iii), plus line (iv)] (if appli-
cable): $655,659,345
(vi) Multiplier prescribed by Section 6(b) of
the Securities Act of 1933 or other appli-
cable law or regulation (see Instruction C.6): x 1/2900
(vii) Fee due [line (i) or line (v) multiplied by
line (vi)]: $ 266,089.43
Instruction: Issuers should complete lines (ii), (iii), (iv), and (v)
only if the form is being filed within 60 days after the
close of the issuer's fiscal year. See Instruction C.3.
13. Check box if fees are being remitted to the Commission's lockbox
depository as described in section 3a of the Commission's Rules of
Informal and Other Procedures (17 CFR 202.3a).
[ X ]
Date of mailing or wire transfer of filing fees to the Commission's
lockbox depository: On or about February 27, 1996.
SIGNATURES
This report has been signed below by the following person on behalf of the
issuer and in the capacity and on the date indicated.
By (Signature and Title)* /s/ Gus Coutsouros
Gus Coutsouros, Controller
Date: February 27, 1996
* Please print the name and title of the signing officer below the
signature.
<PAGE>
<TABLE>
<CAPTION>
Dollar Amount Lazard Lazard Int'l Lazard Int'l Lazard Bond Lazard Lazard Small Lazard Int'l Lazard Total
Equity Equity Fixed Portfolio Strategic Cap Portfolio Small Cap Emerging
Portfolio Portfolio Portfolio Yield Portfolio Markets
Portfolio Portfolio
- ------------- --------- ------------ ------------ ----------- --------- ------------ ------------ --------- -----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Gross
Subscriptions 55,622,979 497,338,051 13,752,209 24,539,689 22,589,307 239,938,336 45,713,631 28,211,253 927,705,455
Gross Reinvest 12,294,787 19,395,497 4,630,486 1,820,886 5,445,026 54,147,470 584,483 113,328 98,431,963
Gross Redemption(21,085,965) (169,521,331) (10,587,176) (7,556,034) (15,082,042)(122,152,846)(15,419,174) (9,073,505) (307,478,073)
Net 46,831,801 347,212,211 7,795,519 18,804,541 12,952,291 171,932,960 30,878,940 19,251,076 65,659,345
SEC Fee (1/29th
of 1%) 16,148.90 119,728.35 2,688.11 6,484.32 4,466.31 59,287.23 10,647.91 6,638.30 266,089.43
</TABLE>
<PAGE>
February 27, 1996
The Lazard Funds, Inc.
30 Rockefeller Plaza
New York, New York 10020
Ladies and Gentlemen:
We are general counsel to your company (the "Fund"). This letter
is in response to your request for our opinion in connection with
the filing by you of a "Rule 24f-2 Notice" pursuant to Rule 24f-2
promulgated under the Investment Company Act of 1940, as amended.
In such notice you have reported the sale during the fiscal year
ended December 31, 1995 of an aggregate amount of shares of each
Series of the Fund as set forth on Exhibit A hereto (the
"Shares").
We have acted as counsel to the Fund in connection with the
filing by the Fund of a registration statement, and amendments
thereto, with the Securities and Exchange Commission under the
Securities Act of 1933, as amended. In so acting, we have
examined a copy of the Fund's charter documents, the Rule 24f-2
Notice, the original or reproduced or certified copies of all
such records of the Fund, agreements, certificates of officers
and representatives of the Fund and others, and such other
documents, papers, statutes and authorities as we deemed
necessary to form a basis for the opinion hereinafter expressed.
As to matters of fact relevant to such opinion, we have relied
upon the Rule 24f-2 Notice and statements and certificates of
officers and representatives of the Fund and others. We have
assumed the genuineness of all signatures and the conformity to
the original documents of the copies of documents supplied to us
as originals or reproduced copies.
Based upon the foregoing, we are of the opinion that the Shares
referred to in the Rule 24f-2 Notice were validly issued, fully
paid and non-assessable.
We consent to the filing of this opinion with the Rule 24f-2
Notice referred to above. In giving such permission, we do not
admit hereby that we come within the category of persons whose
consent is required under Section 7 of the Securities Act of
1933, as amended, or the rules and regulations of the Securities
and Exchange Commission thereunder.
Very truly yours,
STROOCK & STROOCK & LAVAN
<PAGE>
EXHIBIT A
Name of Series Shares
Lazard Equity Portfolio 3,491,105
Lazard International Equity Portfolio 42,535,462
Lazard International Fixed-Income Portfolio 1,219,616
Lazard Bond Portfolio 2,500,066
Lazard Strategic Yield Portfolio 2,439,621
Lazard Small Cap Portfolio 14,336,125
Lazard International Small Cap Portfolio 4,381,937
Lazard Emerging Markets Portfolio 3,079,834
<PAGE>
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
Read instructions at end of Form before preparing Form.
Please print or type.
1. Name and address of issuer:
The Lazard Funds, Inc.
30 Rockefeller Plaza
New York, New York 10020
2. Name of each series or class of funds for which this notice is filed:
Special Equity Portfolio
3. Investment Company Act File Number: 811-6312
Securities Act File Number: 33-40682
4. Last day of fiscal year for which this notice is filed:
December 31, 1995
5. Check box if this notice is being filed more than 180 days after the
close of the issuer's fiscal year for purposes of reporting securities
sold after the close of the fiscal year but before termination of the
issuer's 24f-2 declaration:
[ ]
6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see Instruction A.6):
7. Number and amount of securities of the same class or series which had
been registered under the Securities Act of 1933 other than pursuant
to rule 24f-2 in a prior fiscal year, but which remained unsold at the
beginning of the fiscal year:
None
8. Number and amount of securities registered during the fiscal year
other than pursuant to rule 24f-2:
None
9. Number and aggregate sale price of securities sold during the
fiscal year:
Number: 175,167 Aggregate sale price: $2,211,152
10. Number and aggregate sale price of securities sold during the
fiscal year in reliance upon registration pursuant to rule 24f-2:
Number: 175,167 Aggregate sale price: $2,211,152
11. Number and aggregate sale price of securities issued during the
fiscal year in connection with dividend reinvestment plans, if
applicable (See Instruction B.7):
Number: 414,107 Aggregate sale price: $5,125,731
12. Calculation of registration fee:
(i) Aggregate sale price of securities sold during
the fiscal year in reliance on rule 24f-2
(from Item 10): $2,211,152
(ii) Aggregate price of shares issued in connection
with dividend reinvestment plans (from Item 11,
if applicable): +$5,125,731
(iii) Aggregate price of shares redeemed or repur-
chased during the fiscal year (if applicable): -$7,336,883
(iv) Aggregate price of shares redeemed or repur-
chased and previously applied as a reduction
to filing fees pursuant to rule 24e-2 (if
applicable): + 0
(v) Net aggregate price of securities sold and
issued during the fiscal year in reliance
on rule 24f-2 [line (i), plus line (ii),
less line (iii), plus line (iv)] (if appli-
cable): $ 0
(vi) Multiplier prescribed by Section 6(b) of
the Securities Act of 1933 or other appli-
cable law or regulation (see Instruction C.6): x 1/2900
(vii) Fee due [line (i) or line (v) multiplied by
line (vi)]: $ 0
Instruction: Issuers should complete lines (ii), (iii), (iv), and (v)
only if the form is being filed within 60 days after the
close of the issuer's fiscal year. See Instruction C.3.
13. Check box if fees are being remitted to the Commission's lockbox
depository as described in section 3a of the Commission's Rules of
Informal and Other Procedures (17 CFR 202.3a).
[ X ]
Date of mailing or wire transfer of filing fees to the Commission's
lockbox depository: On or about February 27, 1996
SIGNATURES
This report has been signed below by the following person on behalf of the
issuer and in the capacity and on the date indicated.
By (Signature and Title)* /s/ Gus Coutsouros
Gus Coutsouros, Controller
Date: February 27, 1996
* Please print the name and title of the signing officer below the
signature.
The Lazard Funds, Inc.
1995 Securities and Exchange Commission Fees in Accordance with Rule 24f-2
DOLLAR AMOUNT Lazard Special
Equity Portfolio
- ------------- ----------------
Gross Subscriptions $2,211,152
Gross Reinvest $5,125,731
Gross Redemptions ($7,336,883)
Net 0
SEC Fee (1/29th of 1%) 0
<PAGE>
February 27, 1996
The Lazard Funds, Inc.
30 Rockefeller Plaza
New York, New York 10020
Ladies and Gentlemen:
We are general counsel to your company (the "Fund"). This letter
is in response to your request for our opinion in connection with
the filing by you of a "Rule 24f-2 Notice" pursuant to Rule 24f-2
promulgated under the Investment Company Act of 1940, as amended.
In such notice you have reported the sale during the fiscal year
ended December 31, 1995 of an aggregate of 175,167 shares of your
Special Equity Portfolio (the "Shares").
We have acted as counsel to the Fund in connection with the
filing by the Fund of a registration statement, and amendments
thereto, with the Securities and Exchange Commission under the
Securities Act of 1933, as amended. In so acting, we have
examined a copy of the Fund's charter documents, the Rule 24f-2
Notice, the original or reproduced or certified copies of all
such records of the Fund, agreements, certificates of officers
and representatives of the Fund and others, and such other
documents, papers, statutes and authorities as we deemed
necessary to form a basis for the opinion hereinafter expressed.
As to matters of fact relevant to such opinion, we have relied
upon the Rule 24f-2 Notice and statements and certificates of
officers and representatives of the Fund and others. We have
assumed the genuineness of all signatures and the conformity to
the original documents of the copies of documents supplied to us
as originals or reproduced copies.
Based upon the foregoing, we are of the opinion that the Shares
referred to in the Rule 24f-2 Notice were validly issued, fully
paid and non-assessable.
We consent to the filing of this opinion with the Rule 24f-2
Notice referred to above. In giving such permission, we do not
admit hereby that we come within the category of persons whose
consent is required under Section 7 of the Securities Act of
1933, as amended, or the rules and regulations of the Securities
and Exchange Commission thereunder.
Very truly yours,
STROOCK & STROOCK & LAVAN
