PR Newswire·Nov 9, 2026, 8:00 AM ET

Lazard Asset Management Launches Its First Three Fixed Income ETFs, Providing Investors New Ways to Access Differentiated Income

Lazard Asset Management launched three actively managed fixed income ETFs on November 9, 2026, to provide access to specialized bond strategies.
The new funds are the Lazard US High Yield ETF (HYB), Lazard Hybrid Financial Income ETF (HYFY), and Lazard Non-Dollar Active Income ETF (XDLR), all trading on NYSE Arca.
HYB seeks maximum total return by investing at least 80% of assets in below investment grade US corporate bonds, converting from a mutual fund launched in 1995 with a target maturity of two to 10 years.
HYFY targets total return by investing at least 80% of net assets in hybrid securities from financial institutions globally, primarily in Europe & North America, including preferreds & contingent convertible securities.
XDLR seeks high current income by investing at least 80% of assets in non-dollar fixed income securities, focusing on emerging market local currency bonds.
The launch brings Lazard's US actively managed ETF platform to 10 products with over $2 billion in assets under management since its April 2025 debut.
Lazard Asset Management managed approximately $284 billion in client assets as of September 30, 2026.