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Lazard Equity Franchise Portfolio (LZFIX) proxy voting record 2026
Three of its ballots from this season. Vote first, then see what it did with the shares your savings paid for.
The question on the ballot
As filed
Lazard Funds files this fund's proxy votes with the SEC once a year. This is what it did with the shares your retirement savings paid for.
SourceProxy-voting record filed by Lazard Funds on 2026-08-14 · open the filing · vote table (ProxyVotingTable.xml, 13 MB)
TickersLZFIX (Institutional Shares), LZFOX (Open Shares), RLZFX (R6 Shares) · share classes of one fund, with one proxy-voting record · as listed in its latest SEC filing of proxy votes
How it voted, by issue
Fund companies sometimes file the same proposal under different subjects. So that funds can be compared, each proposal is counted under the subject most of the filings we read gave it, the same for every fund on this site. On management's own executive pay resolutions, this fund voted in favour 80% of the time across 15 votes.
| Issue | Proposals faced | Backed | Share backed |
|---|---|---|---|
| Climate & environment | 1 | 0 | 0% |
| Pay equity & inclusion | 1 | 0 | 0% |
| Executive pay | 1 | 0 | 0% |
| Corporate governance | 4 | 2 | 50% |
| Other social issues | 1 | 0 | 0% |
Ballots it voted
Adobe Inc. · 15 April 2026 · put on the ballot by shareholder · Climate & environment
Should Adobe publish a fuller account of its emissions and how it plans to cut them?
Shareholders asked the company to disclose its greenhouse gas emissions more completely, or to have its reduction targets independently assessed, so that the plan can be checked rather than taken on trust.
AGAINST Lazard Equity Franchise Portfolio voted with 4,040 shares
“Stockholder Proposal Regarding Retirement Plan Climate Risk.”
SourceLazard Funds, Form N-PX filed 2026-08-14 · accession 0000930413-26-002514 · series S000059092 · open the filing
Adobe Inc. · 15 April 2026 · put on the ballot by shareholder · Pay equity & inclusion
Should Adobe disclose, or change, who sits on its board?
Shareholders asked the company to publish a board skills-and-diversity matrix, or to commit to a minimum representation of women among its directors.
AGAINST Lazard Equity Franchise Portfolio voted with 4,040 shares
“Stockholder Proposal Regarding Board Matrix.”
SourceLazard Funds, Form N-PX filed 2026-08-14 · accession 0000930413-26-002514 · series S000059092 · open the filing
Adobe Inc. · 15 April 2026 · put on the ballot by shareholder · Executive pay
Should shareholders get a vote before Adobe pays a departing executive?
Shareholders asked the company to seek shareholder approval for any severance package to a senior executive above a set multiple of salary and bonus — so that very large exit payments cannot be agreed by the board alone.
AGAINST Lazard Equity Franchise Portfolio voted with 4,040 shares
“Stockholder Proposal Regarding Vote on Golden Parachutes.”
SourceLazard Funds, Form N-PX filed 2026-08-14 · accession 0000930413-26-002514 · series S000059092 · open the filing
Fiserv, Inc. · 21 May 2026 · put on the ballot by shareholder
Should the person who runs Fiserv also chair the board that supervises them?
Shareholders asked the company to require that the chair of the board be an independent director rather than the chief executive, so that the body overseeing management is not led by the person being overseen.
AGAINST Lazard Equity Franchise Portfolio voted with 33,508 shares
“Shareholder proposal requesting an independent board chair policy.”
SourceLazard Funds, Form N-PX filed 2026-08-14 · accession 0000930413-26-002514 · series S000059092 · open the filing
Cognizant Technology Solutions Corporation · 2 June 2026 · put on the ballot by shareholder
Should Cognizant Technology Solutions’s shareholders be able to act without waiting for a meeting?
Shareholders asked for the right to act by written consent — to approve a measure once holders of enough shares agree in writing, instead of waiting for the company to schedule a meeting.
FOR Lazard Equity Franchise Portfolio voted with 18,080 shares
“Shareholder proposal to adopt shareholder right to act by written consent, if properly presented at the meeting.”
SourceLazard Funds, Form N-PX filed 2026-08-14 · accession 0000930413-26-002514 · series S000059092 · open the filing
Adobe Inc. · 15 April 2026 · put on the ballot by shareholder · Social
Regarding Report on Civil Liberties in Digital Services.
AGAINST Lazard Equity Franchise Portfolio voted with 4,040 shares
“Stockholder Proposal Regarding Report on Civil Liberties in Digital Services.”
SourceLazard Funds, Form N-PX filed 2026-08-14 · accession 0000930413-26-002514 · series S000059092 · open the filing
Other funds Lazard Funds votes
The same filer reports these alongside this one, in the same annual filing.
No 401(k) plan we index offers this fund. Its record is here because the fund files it with the SEC, as every fund must: whoever holds it, in an IRA, a brokerage account or a plan we have not indexed, the fund votes those shares as shown on this page.