Lazard Asset Management Launches First Three Fixed Income ETFs

• Lazard Asset Management launched its first three actively managed fixed income ETFs today, expanding into high-yield, financial hybrid and non-dollar bonds.
• Lazard US High Yield ETF (HYB) converted from a mutual fund launched in 1995; at least 80% targets high-yield fixed income securities.
• Lazard Hybrid Financial Income ETF (HYFY) invests at least 80% of net assets in financial institutions’ hybrid securities, focusing on Europe and North America.
• Lazard Non-Dollar Active Income ETF (XDLR) invests at least 80% of assets in non-US-dollar fixed income securities, primarily emerging-market local-currency bonds.
• The launches expand the US ETF platform to 10 products, with over $2 billion under management since its April 2025 debut.

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