As filed with the Securities and Exchange Commission on May 8, 1995
Securities Act File No. 33-62312
Investment Company Act File No. 811-7706
= = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________
FORM N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 /X/
Pre-Effective Amendment No. ____
Post-Effective Amendment No. 7
/X/
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 /X/
Amendment No. 9 /X/
Lehman Brothers Funds, Inc.
(Exact Name of Registrant as Specified in Charter)
3 World Financial Center
New York, N.Y. 10285
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including Area Code: (212) 526-7000
Andrew D. Gordon
Lehman Brothers Funds, Inc.
3 World Financial Center, New York, New York 10285
(Name and Address of Agent for Service)
Copies to:
Patricia L. Bickimer, Esq. Sarah Cogan, Esq.
The Shareholder Services Group, Inc. Simpson Thacher & Bartlett
Exchange Place 425 Lexington Avenue
Boston, Massachusetts 02109 New York, New York 10017
(Name and Address of Agent for Service)
*Approximate Date of Proposed Public Offering: As soon as practicable after
the effective date of the Registration Statement.
It is proposed that this filing will become effective
(check appropriate box):
____ immediately upon filing pursuant to paragraph (b), or
on pursuant to paragraph (b)
60 days after filing pursuant to paragraph (a)(i), or
___ on pursuant to paragraph (a)(i)
X 75 days after filing pursuant to paragraph (a)(ii)
on pursuant to paragraph (a)(ii) of Rule 485
Pursuant to Rule 24f-2 under the Investment Company Act of 1940, the
Registrant has registered an indefinite number of shares of Common Stock,
$0.001 par value per share, of all series and classes of the Registrant, then
existing or thereafter created, and has filed a Rule 24f-2 Notice, for the
fiscal year ended July 31, 1994, on September 22, 1994.
LEHMAN BROTHERS FUNDS, INC.
Registration Statement on Form N-1A
CROSS REFERENCE SHEET
PURSUANT TO RULE 495(a)
under the Securities Act of 1933
Form N-1A Location
Item in
No. Prospectus
Item 1. Cover Page Cover Page
Item 2. Synopsis Background and Expense
Information
Item 3. Condensed Financial
Information Not Applicable
Item 4. General Description of
Registrant Investment
Objective and Policies;
Additional Information
Item 5. Management of the Fund Management of the Fund;
Additional Information
Item 5A. Management's Discussion
of Fund Performance Not Applicable
Item 6. Capital Stock and Other
Securities Dividends; Taxes; Additional
Information
Item 7. Purchase of Securities Valuation of Shares;
Being Offered Purchase of Shares;
Exchange Privilege
Item 8. Redemption or Repurchase Redemption of Shares
Item 9. Legal Proceedings Not Applicable
Location in
N-1A Statement of Additional
Item Information
No.
Item 10. Cover Page Cover Page
Item 11. Table of Contents Table of Contents
Item 12.General Information and
History Not Applicable
Item 13. Investment Objectives and
Policies Investment Objective and
Policies
Item 14. Management of the Fund Management of the Fund
Item 15. Control Persons and Principal
Holders of Securities Management of the Fund
Item 16. Investment Advisory and
Other Services Management of the Fund;
Auditors
Item 17. Brokerage Allocation Investment Objective and
and Other Practices Policies; Additional Purchase
and Redemption Information
Item 18. Capital Stock and Other
Securities Investment Objective and
Policies
Item 19. Purchase, Redemption and
Pricing of Securities Additional Purchase and
Redemption Information
Item 20. Tax Status Additional Information
Concerning Taxes
Item 21. Underwriters Additional Purchase and
Redemption Information
Item 22. Calculation of Performance Data Performance Data
Item 23. Financial Statements Not Applicable
LEHMAN BROTHERS FUNDS, INC.
Registration Statement on Form N-1A
CROSS REFERENCE SHEET
PURSUANT TO RULE 495(a)
under the Securities Act of 1933
PART A
Prospectuses for Lehman Brothers Daily Income Fund, Lehman Brothers
Municipal Income Fund and Lehman Selected Growth Stock Portfolio are
incorporated by reference to Post-Effective Amendment No. 5, as filed
with the Securities and Exchange Commission ("SEC") on November 25,
1994; Prospectuses for Lehman Mexican Growth and Income Portfolio and
Lehman Latin America Dollar Income Portfolio are incorporated by
reference to Post-Effective Amendment No. 2, as filed with the SEC on
January 14, 1994; Prospectuses for Lehman Brothers International Bond
Fund, Lehman Brothers Global Emerging Markets Equity Fund, Lehman
Brothers Global Emerging Markets Bond Fund, Lehman Brothers Large
Capitalization U.S. Equity Fund, Lehman Brothers International Equity
Fund, Lehman Brothers Municipal Bond Fund, Lehman Brothers New York
Municipal Bond Fund and Lehman Brothers High-Grade Fixed Income Fund are
incorporated by reference to Post-Effective Amendment No. 3, as filed
with the SEC on September 8, 1994; Prospectus for Lehman Brothers New
York Municipal Money Market Fund is incorporated by reference to Post-
Effective Amendment No. 6, as filed with the SEC on February 22,
1995.
PART B
Statements of Additional Information for Lehman Brothers Daily Income
Fund, Lehman Brothers Municipal Income Fund and Lehman Selected Growth
Stock Portfolio are incorporated by reference to Post-Effective
Amendment No. 5, as filed with the SEC on November 25, 1994; Statements
of Additional Information for Lehman Mexican Growth and Income Portfolio
and Lehman Latin America Dollar Income Portfolio are incorporated by
reference to Post-Effective Amendment No. 2, as filed with the SEC on
January 14, 1994; Statements of Additional Information for Lehman
Brothers International Bond Fund, Lehman Brothers Global Emerging
Markets Equity Fund, Lehman Brothers Global Emerging Markets Bond Fund,
Lehman Brothers Large Capitalization U.S. Equity Fund, Lehman Brothers
International Equity Fund, Lehman Brothers Municipal Bond Fund, Lehman
Brothers New York Municipal Bond Fund and Lehman Brothers High-Grade
Fixed Income Fund are incorporated by reference to Post-Effective
Amendment No. 3, as filed with the SEC on September 8, 1994; Statement
of Additional Information for Lehman Brothers New York Municipal Money
Market Fund is incorporated by reference to Post-Effective Amendment No.
6, as filed with the SEC on February 22, 1995.
The purpose of filing Post-Effective Amendment No. 7 is to delay the
effective date of Post-Effective Amendment No. 6 to the Registrant's
Registration Statement as filed on February 22, 1995, Accession
#0000927405-95-000005.
PART C. OTHER INFORMATION
Item 24. Financial Statements and Exhibits
(a) Financial Statements:
Included in Part A:
None
Included in Part B:
None
Included in Part C:
Consent and Opinion of Independent Auditors will be
filed by amendment.
(b) Exhibits:
Exhibit
Number Description
1(a)
- --
Registrant's Amended Articles of
Incorporation and Certificate of
Correction of Amended Articles of
Incorporation are incorporated by
reference to Exhibit 1(a) of Post-
Effective Amendment No. 2, filed January
14, 1994 ("Post-Effective Amendment No.
2") to the Registrant's Registration
Statement on Form N-1A, filed May 6, 1993,
Registration Nos. 33-62312 and 811-7706
(the "Registration Statement").
1(b)
- --
Articles Supplementary to Registrant's
Articles of Incorporation dated March 15,
1994 is incorporated by reference to
Exhibit 1(b) of Post-Effective Amendment
No. 3, filed September 8, 1994 ("Post-
Effective Amendment No. 3").
1(c)
- --
Articles Supplementary to Registrant's
Articles of Incorporation, dated July 27,
1994, is incorporated by reference to
Exhibit 1(c) of Post-Effective Amendment
No. 3.
1(d)
- --
Form of Articles Supplementary to
Registrant's Articles of Incorporation
with respect to Lehman Brothers
International Bond Fund, Lehman Brothers
Global Emerging Markets Equity Fund,
Lehman Brothers Global Emerging Markets
Bond Fund, Lehman Brothers Large
Capitalization U.S. Equity Fund, Lehman
Brothers International Equity Fund, Lehman
Brothers Municipal Bond Fund, Lehman
Brothers New York Municipal Bond Fund and
Lehman Brothers High-Grade Fixed Income
Fund is incorporated by reference to
Exhibit 1(d) of Post-Effective Amendment
No. 3.
1(e)
- --
Form of Articles Supplementary to
Registrant's Articles of Incorporation
with respect to Lehman Brothers New York
Municipal Money Market Fund is
incorporated by reference to Exhibit 1(e)
of Post-Effective Amendment No. 6, filed
on February 22, 1995 ("Post-Effective
Amendment No. 6").
2
- --
Registrant's By-Laws are incorporated by
reference to Exhibit 2 of Pre-Effective
Amendment No. 1, filed July 22, 1993
("Pre-Effective Amendment No. 1") to the
Registration Statement.
3
- --
Not Applicable.
4
- --
Form of Stock Certificate for shares of
Registrant's Capital Stock is incorporated
by reference to Exhibit 4 of Pre-Effective
Amendment No. 1.
5(a)
- --
Form of Investment Advisory Agreements
between Registrant and Lehman Brothers
Global Asset Management Inc.("LBGAM Inc.")
relating to Lehman Brothers Daily Income
Fund and Lehman Brothers Municipal Income
Fund are incorporated by reference to
Exhibit 5 of Pre-Effective Amendment No.
1.
5(b)
- --
Form of Investment Advisory Agreement
between Registrant and LBGAM Inc. relating
to Lehman Selected Growth Stock Portfolio
is incorporated by reference to Exhibit
5(b) of Post-Effective Amendment No. 2.
5(c)
- --
Form of Investment Advisory Agreements
between Registrant and Lehman Brothers
Global Asset Management Limited ("LBGAM
Ltd.") relating to Lehman Mexican Growth
and Income Portfolio and Lehman Latin
America Dollar Income Portfolio is
incorporated by reference to Exhibit 5(c)
of Post-Effective Amendment No 2.
5(d)
- --
Form of Research Service Agreements
between Lehman Brothers Inc. and LBGAM
Ltd. is incorporated by reference to
Exhibit 10 of Post-Effective Amendment No.
2.
5(e)
- --
Form of Investment Advisory Agreements
between Registrant and LBGAM Ltd. relating
to Lehman Brothers International Bond
Fund, Lehman Brothers Global Emerging
Markets Equity Fund, Lehman Brothers
Global Emerging Markets Bond Fund, Lehman
Brothers Large Capitalization U.S. Equity
Fund and Lehman Brothers International
Equity Fund are incorporated by reference
to Exhibit 5(e) of Post-Effective
Amendment No. 3.
5(f)
- --
Form of Investment Advisory Agreements
between Registrant and LBGAM Inc. relating
to Lehman Brothers Municipal Bond Fund,
Lehman Brothers New York Municipal Bond
Fund and Lehman Brothers High-Grade Fixed
Income Fund are incorporated by reference
to Exhibit 5(f) of Post-Effective
Amendment No. 3.
5(g)
- --
Form of Investment Advisory Agreement
between Registrant and LBGAM Inc. relating
to Lehman Brothers New York Municipal
Money Market Fund is incorporated by
reference to Exhibit 5(g) of Post-
Effective Amendment No. 6.
6
- --
Form of Distribution Agreement between
Registrant and Lehman Brothers Inc. is
incorporated by reference to Exhibit 6 of
Pre-Effective Amendment No. 1.
7
- --
Not Applicable.
8(a)
- --
Form of Custodian Agreement between
Registrant and Boston Safe Deposit and
Trust Company is incorporated by reference
to Exhibit 8(a) of Pre-Effective Amendment
No. 1.
8(b)
- --
Form of Administration Agreement between
Registrant and The Boston Company
Advisors, Inc. is incorporated by
reference to Exhibit 8(b) of Pre-Effective
Amendment No. 1.
9(a)
- --
Form of Transfer Agency Agreement between
Registrant and The Shareholder Services
Group, Inc. is incorporated by reference
to Exhibit 9 of Pre-Effective Amendment
No. 1.
9(b)
- --
Form of Amendment to the Transfer Agency
Agreement between Registrant and The
Shareholder Services Group, Inc. is
incorporated by reference to Exhibit 9(b)
of Post-Effective Amendment No. 3.
10
- --
Opinion and Consent of Piper & Marbury
will be filed by amendment.
11
- --
Consent of independent auditors is
incorporated by reference to Exhibit 11 of
Post-Effective Amendment No. 5.
12
- --
Not Applicable.
13(a)
- --
Form of Share Purchase Agreement between
Registrant and Lehman Brothers Inc.
relating to Lehman Brothers Daily Income
Fund and Lehman Brothers Municipal Income
Fund is incorporated by reference to
Exhibit 13 of Pre-Effective Amendment No.
1.
13(b)
- --
Form of Share Purchase Agreement between
Registrant and Lehman Brothers Inc.
relating to the addition of Selected
Growth Stock Portfolio, Lehman Latin
America Dollar Income Portfolio and Lehman
Mexican Growth and Income Portfolio is
incorporated by reference to Exhibit 13(b)
of Post-Effective Amendment No. 2.
13(c)
- --
Form of Share Purchase Agreement between
Registrant and Lehman Brothers Inc.
relating to Global Clearing Shares, dated
July 21, 1994, is incorporated by
reference to Exhibit 13(c) of Post-
Effective Amendment No. 3.
13(d)
- --
Form of Share Purchase Agreement between
Registrant and Lehman Brothers Inc.
relating to Lehman Brothers International
Bond Fund, Lehman Brothers Global Emerging
Markets Equity Fund, Lehman Brothers
Global Emerging Markets Bond Fund, Lehman
Brothers Large Capitalization U.S. Equity
Fund, Lehman Brothers International Equity
Fund, Lehman Brothers Municipal Bond Fund,
Lehman Brothers New York Municipal Bond
Fund and Lehman Brothers High-Grade Fixed
Income Fund is incorporated by reference
to Exhibit 13(d) of Post-Effective
Amendment No. 3.
13(e)
- --
Form of Share Purchase Agreement between
Registrant and Lehman Brothers Inc.
relating to Lehman Brothers New York
Municipal Money Market Fund and additional
shares of Lehman Brothers Daily Income
Fund and Lehman Brothers Municipal Income
Fund is incorporated by reference to
Exhibit 13(e) of Post-Effective Amendment
No. 6.
14
- --
Not Applicable.
15(a)
- --
Form of Plan of Distribution relating to
Lehman Brothers Daily Income Fund and
Lehman Brothers Municipal Income Fund is
incorporated by reference to Exhibit 15 of
Pre-Effective Amendment No. 1.
15(b)
- --
Form of Amended and Restated Services and
Distribution Plan is incorporated by
reference to Exhibit 15(b) of Post-
Effective Amendment No. 3.
15(c)
- --
Form of Amended and Restated Distribution
Plan (the "Restated Plan") dated January
27, 1994 relating to Lehman Brothers Daily
Income Fund and Lehman Brothers Municipal
Income Fund is incorporated by reference
to Exhibit 15(c) of Post-Effective
Amendment No. 3.
15(d)
- --
Amendment to the Restated Plan dated July
21, 1994 is incorporated by reference to
Exhibit 15(d) of Post-Effective Amendment
No. 3.
15(e)
- --
Form of Shareholder Servicing Agreement
between Registrant and Service
Organizations relating to the Select
Shares of Lehman Brothers International
Bond Fund, Lehman Brothers Global Emerging
Markets Equity Fund, Lehman Brothers
Global Emerging Markets Bond Fund, Lehman
Brothers Large Capitalization U.S. Equity
Fund, Lehman Brothers International Equity
Fund, Lehman Brothers Municipal Bond Fund,
Lehman Brothers New York Municipal Bond
Fund and Lehman Brothers High-Grade Fixed
Income Fund is incorporated by reference
to Exhibit 15(e) of Post-Effective
Amendment No. 3.
15(f)
- --
Form of Amended and Restated Distribution
Plan, as amended, with respect to Lehman
Brothers New York Municipal Money Market
Fund is incorporated by reference to
Exhibit 15(f) of Post-Effective Amendment
No. 6.
15(g)
- --
Form of Amended and Restated Services and
Distribution Plan, as amended, with
respect to additional shares of Lehman
Brothers Daily Income Fund and Lehman
Brothers Municipal Income Fund is
incorporated by reference to Exhibit 15(g)
of Post-Effective Amendment No. 6.
16
- --
Not Applicable.
17
- --
Not Applicable.
18
- --
Powers of Attorney of Mr. Dorsett, Mr.
Hatsopoulos and Ms. Holmes dated November
2, 1994 are incorporated by reference to
Exhibit 18 of Post-Effective Amendment No.
4.
27
- --
Financial Data Schedules for the
Company's financial statements dated
January 31, 1995 are filed herewith.
Item 25. Persons Controlled by or under Common Control with
Registrant
None.
Item 26. Number of Holders of Securities
Title of Class
Common Stock, par value
$.001 per share
Holders as of February 14, 1995
FUND
Lehman Brothers Daily Income Fund 626,962,107.890
(Class A)
Lehman Brothers Municipal Income Fund 284,342,882.790
(Class B)
Lehman Brothers Selected Growth Stock Portfolio 3,169,531.497
(Class C)
Item 27. Indemnification.
Reference is made to Articles VII and VIII of Registrant's Amended
Articles of Incorporation filed as Exhibit 1(a) to Post-Effective
Amendment No. 2 to the Registration Statement, Article V of Registrant's
By-Laws filed as Exhibit 2 to Pre-Effective Amendment No. 1, and
paragraph 4 of the Distribution Agreement filed as Exhibit 6 to Pre-
Effective Amendment No. 1.
Insofar as indemnification for liabilities arising under the
Securities Act of 1933 (the "Securities of Act") may be permitted to
directors, officers and controlling persons of the Registrant pursuant
to the foregoing provisions, or otherwise, the Registrant understands
that in the opinion of the Securities and Exchange Commission such
indemnification is against public policy as expressed in the Securities
Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
Registrant of expenses incurred or paid by a director, officer or
controlling person of the Registrant in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or
controlling person in connection with the securities being registered,
the Registrant will, unless in the opinion of its counsel the matter has
been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against
public policy as expressed in the Securities Act and will be governed by
the final adjudication of such issue.
Item 28. Business and Other Connections of Investment Adviser.
Lehman Brothers Global Asset Management Inc. ("LBGAM Inc."), which
serves as investment adviser to Lehman Brothers Daily Income Fund,
Lehman Brothers Municipal Income Fund and Lehman Selected Growth Stock
Portfolio, and will serve as investment adviser to Lehman Brothers
Municipal Bond Fund, Lehman Brothers New York Municipal Bond Fund,
Lehman Brothers New York Municipal Money Market Fund and Lehman Brothers
High-Grade Fixed Income Fund, is a wholly owned subsidiary of Lehman
Brothers Holdings Inc. ("Holdings"). LBGAM Inc. is an investment
adviser registered under the Investment Advisers Act of 1940 (the
"Advisers Act") and serves as investment counsel for individuals with
substantial capital, executors, trustees and institutions. It also
serves as investment adviser or sub-investment adviser to several
investment companies.
The list required by this Item 28 of officers and directors of
LBGAM Inc., together with information as to any other business
profession, vocation or employment of a substantial nature engaged in by
such officers and directors during the past two years, is incorporated
by reference to Schedules A and D of Form ADV filed by LBGAM Inc.
pursuant to the Advisers Act (SEC File No. 801-42006).
Lehman Brothers Global Asset Management Limited ("LBGAM Ltd."),
which will serve as investment adviser to Lehman Mexican Growth and
Income Portfolio, Lehman Latin America Dollar Income Portfolio, Lehman
Brothers International Bond Fund, Lehman Brothers Global Emerging
Markets Equity Fund, Lehman Brothers Global Emerging Markets Bond Fund,
Lehman Brothers Large Capitalization U.S. Equity Fund, and Lehman
Brothers International Equity Fund, is an affiliate of Lehman Brothers
and is an indirect, wholly owned subsidiary of Holdings. LBGAM Ltd. is
an investment adviser registered under the Advisers Act and serves as
investment adviser or sub-investment adviser to several U.S. registered
and offshore investment funds.
The list required by this Item 28 of officers and directors of
LBGAM Ltd., together with information as to any other business
profession, vocation or employment of a substantial nature engaged in by
such officers and directors during the past two years, is incorporated
by reference to Schedules A and D of Form ADV filed by LBGAM Ltd.
pursuant to the Advisers Act (SEC File No. 801-21068).
Item 29. Principal Underwriters.
(a) In addition to acting as distributor for the shares of the
Registrant's funds, Lehman Brothers Inc.("Lehman Brothers") acts as
distributor for Lehman Brothers Institutional Funds Group Trust, The USA
High Yield Fund N.V., The Latin American Bond Fund N.V., Mexican Short-
Term Investment Portfolio N.V., Garzarelli Sector Analysis Portfolio
N.V., The Mexican Appreciation Fund N.V., The Mexico Premium Income
Portfolio N.V., ECU Fixed-Income Fund N.V., European Equity Investments
N.V., Pacific Equity Investments N.V., Global Bond Investments N.V.,
U.S. Money Market Investments N.V., U.S. Appreciation Fund N.V., U.S.
Government Securities Investments N.V., The Asian Dragon Portfolio N.V.,
Offshore Diversified Strategic Income Fund N.V., Lehman Brothers Series
I Mortgage-Related Securities Portfolio N.V., TBC Enhanced Tactical
Asset Allocation Portfolio N.V., U.S. Tactical Asset Allocation
Portfolio N.V., Short-Term World Income Portfolio (Cayman), The Global
Advisors Portfolio N.V., The Global Advisors Portfolio II N.V., Short
Duration U.S. Government Fund N.V., The Global Natural Resources Fund
N.V. and various series of unit investment trusts.
(b) Lehman Brothers is a wholly-owned subsidiary of Holdings.
The information required by this Item 29 with respect to each director,
officer and partner of Lehman Brothers is incorporated by reference to
Schedule A of Form BD filed by Lehman Brothers pursuant to the
Securities Exchange Act of 1934 (SEC File No. 8-12324).
(c) Not Applicable.
Item 30. Location of Accounts and Records.
(1) Lehman Brothers Funds, Inc.
One Exchange Place
53 State Street
Boston, Massachusetts 02109
(2) Lehman Brothers Global Asset Management Inc.
3 World Financial Center
New York, New York 10285
(3) Lehman Brothers Global Asset Management Limited
Two Broadgate
London EC2M 7HA
England
(4) Boston Safe Deposit and Trust Company
One Boston Place
Boston, Massachusetts 02108
(5) The Shareholder Services Group, Inc.
One Exchange Place
53 State Street
Boston, Massachusetts 02109
Item 31. Management Services.
Not Applicable
Item 32. Undertakings.
The undersigned Registrant hereby undertakes to file a post-
effective amendment, using financial statements which need not be
certified, within four to six months from the date the Registrant
commences selling shares of each of Lehman Mexican Growth and Income
Portfolio, Lehman Latin America Dollar Income Portfolio, Lehman Brothers
International Bond Fund, Lehman Brothers Global Emerging Markets Equity
Fund, Lehman Brothers Global Emerging Markets Bond Fund, Lehman Brothers
Large Capitalization U.S. Equity Fund, Lehman Brothers International
Equity Fund, Lehman Brothers Municipal Bond Fund, Lehman Brothers New
York Municipal Bond Fund, Lehman Brothers High-Grade Fixed Income Fund
and Lehman Brothers New York Municipal Money Market Fund.
The undersigned Registrant hereby undertakes to furnish each
person to whom a prospectus is delivered with a copy of the Registrant's
latest annual report to shareholders, upon request and without charge.
The undersigned Registrant hereby undertakes to call a
meeting of shareholders for the purpose of voting upon the question of
removal of one or more of Registrant's directors when requested in
writing to do so by the holders of at least 10% of Registrant's
outstanding shares of common stock and, in connection with such meeting,
to assist in communications with other shareholders in this regard, as
provided under Section 16(c) of the 1940 Act.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as
amended, and the Investment Company Act of 1940, as amended, the
Registrant has duly caused this Amendment to the Registration Statement
to be signed on its behalf by the undersigned, thereto duly authorized,
in the City of New York and State of New York, on May 8, 1995.
LEHMAN BROTHERS FUNDS, INC.
Registrant
By: /s/ Andrew D. Gordon
Andrew D. Gordon, President
Pursuant to the requirements of the Securities Act of 1933, this
Amendment to the Registration Statement has been signed below by the
following persons in the capacities and on the dates indicated.
Signature Title Date
/s/ Kirk Hartman Chairman of the Board and Director May 8, 1995
Kirk Hartman
/s/ Michael Kardok Treasurer and Chief Financial Officer May
8, 1995
Michael Kardok (Principal Financial and Accounting Officer)
* Director May 8, 1995
Burt N. Dorsett
* Director May 8, 1995
John Hatsopoulos
* Director May 8, 1995
Kathleen C. Holmes
* /s/ Andrew Gordon
Attorney-in-Fact
EXHIBIT No. DESCRIPTION OF EXHIBIT
27 Financial Data Schedules
LEHMAN\RETAIL\PEAS\peadlay.doc
lehman/pea's/peadlay.doc
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<PERIOD-END> JAN-31-1995
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<INVESTMENTS-AT-VALUE> 603,919,518
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<NET-CHANGE-FROM-OPS> 15,708,786
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (362)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 52,050
<NUMBER-OF-SHARES-REDEEMED> (52,334)
<SHARES-REINVESTED> 284
<NET-CHANGE-IN-ASSETS> (212,857,622)
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<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-ADVISORY-FEES> 1,063,725
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,325,205
<AVERAGE-NET-ASSETS> 15,972
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.01
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<PER-SHARE-DIVIDEND> (0.01)
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<TABLE> <S> <C>
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<PERIOD-END> JAN-31-1995
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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