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Lazard US Equity Focus Portfolio (LZUOX) 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)
TickersLZUOX (Open Shares), LZUSX (Institutional Shares), RLUSX (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 76.5% of the time across 17 votes.
| Issue | Proposals faced | Backed | Share backed |
|---|---|---|---|
| Climate & environment | 11 | 1 | 9.1% |
| Workers & human rights | 3 | 0 | 0% |
| Corporate governance | 14 | 10 | 71.4% |
| Other social issues | 15 | 3 | 20% |
Ballots it voted
Amazon.com, Inc. · 20 May 2026 · put on the ballot by shareholder · Climate & environment
Should Amazon.com report what its data centres do to its climate commitments?
Shareholders asked for a report on the electricity and water its data-centre build-out consumes, and on whether the growth in that demand can be squared with the emissions targets the company has already committed to.
FOR Lazard US Equity Focus Portfolio voted with 20,762 shares
“SHAREHOLDER PROPOSAL REQUESTING ADDITIONAL REPORTING ON IMPACT OF DATA CENTERS ON CLIMATE COMMITMENTS”
SourceLazard Funds, Form N-PX filed 2026-08-14 · accession 0000930413-26-002514 · series S000010266 · open the filing
Amazon.com, Inc. · 20 May 2026 · put on the ballot by shareholder · Climate & environment
Should Amazon.com 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 US Equity Focus Portfolio voted with 20,762 shares
“SHAREHOLDER PROPOSAL REQUESTING A REPORT ON IMPACT OF CLIMATE COMMITMENTS”
SourceLazard Funds, Form N-PX filed 2026-08-14 · accession 0000930413-26-002514 · series S000010266 · open the filing
Microsoft Corporation · 5 December 2025 · put on the ballot by shareholder · Workforce & human rights
Should Microsoft assess the human rights risks its own operations create?
Shareholders asked for an assessment of the human rights risks arising from the company’s operations and business relationships, and for the findings to be published.
AGAINST Lazard US Equity Focus Portfolio voted with 13,173 shares
“Report on Data Operations in Human Rights Hotspots”
SourceLazard Funds, Form N-PX filed 2026-08-14 · accession 0000930413-26-002514 · series S000010266 · open the filing
Microsoft Corporation · 5 December 2025 · put on the ballot by shareholder · Workforce & human rights
Should Microsoft assess the human rights risks its own operations create?
Shareholders asked for an assessment of the human rights risks arising from the company’s operations and business relationships, and for the findings to be published.
AGAINST Lazard US Equity Focus Portfolio voted with 13,173 shares
“Report on Human Rights Due Diligence”
SourceLazard Funds, Form N-PX filed 2026-08-14 · accession 0000930413-26-002514 · series S000010266 · open the filing
Bank of America Corporation · 4 May 2026 · put on the ballot by shareholder
Should the person who runs Bank of America 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.
FOR Lazard US Equity Focus Portfolio voted with 39,821 shares
“Shareholder proposal requesting independent board chair”
SourceLazard Funds, Form N-PX filed 2026-08-14 · accession 0000930413-26-002514 · series S000010266 · open the filing
Amazon.com, Inc. · 20 May 2026 · put on the ballot by shareholder
Should the person who runs Amazon.com 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.
FOR Lazard US Equity Focus Portfolio voted with 20,762 shares
“SHAREHOLDER PROPOSAL REQUESTING A MANDATORY INDEPENDENT BOARD CHAIR POLICY”
SourceLazard Funds, Form N-PX filed 2026-08-14 · accession 0000930413-26-002514 · series S000010266 · open the filing
Bank of America Corporation · 4 May 2026 · put on the ballot by shareholder · Social
Should Bank of America’s board account for how animals are treated in its supply chain?
Shareholders asked for a report on how the board oversees animal welfare risk in the company’s operations and supply chain, and on how the company’s practices compare with its stated policy.
AGAINST Lazard US Equity Focus Portfolio voted with 39,821 shares
“Shareholder proposal requesting report on board oversight of risks related to animal welfare”
SourceLazard Funds, Form N-PX filed 2026-08-14 · accession 0000930413-26-002514 · series S000010266 · open the filing
Merck & Co., Inc. · 26 May 2026 · put on the ballot by shareholder · Social
Should Merck disclose the politics its money pays for?
Shareholders asked the company to publish its political spending — direct contributions and money routed through trade associations and other third parties — and whether that spending matches the values the company states publicly.
AGAINST Lazard US Equity Focus Portfolio voted with 16,148 shares
“Shareholder proposal regarding a report on political contributions.”
SourceLazard Funds, Form N-PX filed 2026-08-14 · accession 0000930413-26-002514 · series S000010266 · 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.