Lazard Asset Management Launches Three Actively Managed Fixed Income ETFs
Lazard Asset Management (LAM) has officially entered the fixed income ETF market with the launch of three actively managed strategies: the Lazard US High Yield ETF (HYB), the Lazard Hybrid Financial Income ETF (HYFY), and the Lazard Non-Dollar Active Income ETF (XDLR). These funds are designed to provide investors with specialized access to differentiated income sources, including below-investment-grade corporate bonds, financial institution hybrid securities, and non-dollar bond opportunities. The launch aims to address increasing investor demand for diversification and resilience in a complex fixed income landscape. Notably, the HYB ETF is a conversion from an existing mutual fund launched in 1995, allowing it to leverage its historical performance data. The new products utilize Lazard's specialized investment teams to focus on high-conviction security selection rather than broad market exposure.
Tickers: $HYB $HYFY $LAZ $XDLR