November 14, 2000
THE LAZARD FUNDS, INC.
Supplement to Prospectus
Dated May 1, 2000
Listed below are estimated per share year-end distributions of ordinary income
and capital gains for the Portfolios of The Lazard Funds, Inc. The indicated
Portfolios will be paying dividends and capital gains, if any, on December 18,
2000. The record date will be December 14, 2000 and the ex-dividend date will be
December 15, 2000.
Estimated Ordinary Estimated Short-Term Estimated Long-Term
Income Dividend Capital Gain Capital Gain
Portfolio Per Share Distribution Per Share Distribution Per Share
--------------------------- -------------------- ----------------------- ----------------------
Lazard Equity $0.15 $0.60 $2.35
Lazard International Equity - $0.17 $1.42
Lazard International - - -
Fixed-Income*
Lazard Bond* - - -
Lazard Strategic Yield* - - -
Lazard Small Cap $0.08 - -
Lazard Emerging Markets $0.02 - -
Lazard International Small Cap $0.10 $0.33 $0.35
Lazard Global Equity $0.07 $0.11 $0.56
Lazard Mid Cap $0.01 - -
Lazard High Yield* - - -
Please be advised that these estimates may change prior to payable date due to
book/tax adjustments and changes in shares outstanding. You will be receiving
formal tax information regarding your account from the Fund in January 2001.
Please consult your tax advisor as to how these distributions may affect your
individual tax returns.
*
Ordinary income dividends, if any, are paid on the last business day of the
month.
