EX-99.(A)(37) 37 c87227_exa-37.htm

Exhibit (a)(37)

 

THE LAZARD FUNDS, INC.

ARTICLES OF AMENDMENT

 

THE LAZARD FUNDS, INC., a Maryland corporation having its principal office in the State of Maryland (the “Corporation”), hereby certifies to the State Department of Assessments and Taxation of Maryland that:

 

FIRST: The Articles of Incorporation of the Corporation (the “Charter”) are hereby amended to change the name of the Corporation’s Lazard Emerging Markets Multi Asset Portfolio to Lazard Emerging Markets Multi-Asset Portfolio, with the effect that the fifty million (50,000,000) issued and unissued authorized shares of Common Stock known as Institutional Shares of Lazard Emerging Markets Multi Asset Portfolio are redesignated as Institutional Shares of Lazard Emerging Markets Multi-Asset Portfolio, the fifty million (50,000,000) issued and unissued authorized shares of Common Stock known as Open Shares of Lazard Emerging Markets Multi Asset Portfolio are redesignated as Open Shares Lazard Emerging Markets Multi-Asset Portfolio and the fifty million (50,000,000) issued and unissued authorized shares of Common Stock known as R6 Shares of Lazard Emerging Markets Multi Asset Portfolio are redesignated as R6 Shares of Lazard Emerging Markets Multi-Asset Portfolio.

 

SECOND: The Charter is hereby amended to change the name of the Corporation’s Lazard Global Dynamic Multi Asset Portfolio to Lazard Global Dynamic Multi-Asset Portfolio, with the effect that the fifty million (50,000,000) issued and unissued authorized shares of Common Stock known as Institutional Shares of Lazard Global Dynamic Multi Asset Portfolio are redesignated as Institutional Shares of Lazard Global Dynamic Multi-Asset Portfolio, the fifty million (50,000,000) issued and unissued authorized shares of Common Stock known as Open Shares of Lazard Global Dynamic Multi Asset Portfolio are redesignated as Open Shares Lazard Global Dynamic Multi-Asset Portfolio and the fifty million (50,000,000) issued and unissued authorized shares of Common Stock known as R6 Shares of Lazard Global Dynamic Multi Asset Portfolio are redesignated as R6 Shares of Lazard Global Dynamic Multi-Asset Portfolio.

 

THIRD: The foregoing amendments to the Charter have been approved by a majority of the entire Board of Directors and is limited to changes expressly permitted by Section 2-605 of the Maryland General Corporation Law to be made without action by the stockholders.

 

FOURTH: The foregoing amendments do not increase the total number of authorized shares of the Corporation or the aggregate par value thereof. Giving effect to the redesignations in the foregoing amendments, the total number of shares of stock that the Corporation has authority to issue remains at six billion nine hundred million (6,900,000,000) shares, all of which are shares of Common Stock, with a par value of one tenth of one cent ($.001) per share, having an aggregate par value of six million nine hundred thousand dollars ($6,900,000.00), classified as follows:

 

Portfolio Shares
Authorized
   
Lazard US Equity Concentrated Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
 
Portfolio Shares
Authorized
   
Lazard US Strategic Equity Portfolio  
Institutional Common Stock 100,000,000
Open Common Stock 100,000,000
R6 Common Stock 50,000,000
   
Lazard US Small-Mid Cap Equity Portfolio  
Institutional Common Stock 150,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard Fundamental Long/Short Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard International Equity Portfolio  
Institutional Common Stock 150,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard International Equity Advantage Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard International Equity Concentrated Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard International Equity Select Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard International Strategic Equity Portfolio  
Institutional Common Stock 100,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard International Small Cap Equity Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard Global Equity Select Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
-2-
Portfolio Shares
Authorized
   
Lazard Managed Equity Volatility Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard Global Strategic Equity Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard Global Listed Infrastructure Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard Emerging Markets Core Equity Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard Emerging Markets Equity Portfolio  
Institutional Common Stock 700,000,000
Open Common Stock 200,000,000
R6 Common Stock 500,000,000
   
Lazard Developing Markets Equity Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000

R6 Common Stock

50,000,000
   
Lazard Emerging Markets Equity Advantage Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard Emerging Markets Equity Blend Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000

R6 Common Stock

50,000,000
   
Lazard Emerging Markets Debt Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
-3-
Portfolio Shares
Authorized
   
Lazard Emerging Markets Income Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard Explorer Total Return Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard Emerging Markets Multi-Asset Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard US Realty Income Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard US Realty Equity Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard Global Realty Equity Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard Real Assets and Pricing Opportunities Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard US Corporate Income Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard US Short Duration Fixed Income Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard Global Fixed Income Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
-4-
Portfolio Shares
Authorized
   
Lazard Global Dynamic Multi-Asset Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard Enhanced Opportunities Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Lazard Capital Allocator Opportunistic Strategies Portfolio  
Institutional Common Stock 50,000,000
Open Common Stock 50,000,000
R6 Common Stock 50,000,000
   
Unclassified 350,000,000
   
Total 6,900,000,000
-5-

The undersigned Vice President of the Corporation acknowledges these Articles of Amendment to be the corporate act of the Corporation and states that to the best of his knowledge, information and belief, the matters and facts with respect to authorization and approval set forth in these Articles of Amendment are true in all material respects and that this statement is made under penalties of perjury.

 

IN WITNESS WHEREOF, The Lazard Funds, Inc. has caused these Articles of Amendment to be signed in its name and on its behalf by its Vice President and witnessed by its Assistant Secretary as of March 22, 2017.

 

  THE LAZARD FUNDS, INC.  
       
  By:     
    Mark R. Anderson  
    Vice President  
       
Witness:  
   
   
Shari Soloway  
Assistant Secretary  
-6-