Description

Lazard US High Yield ETF is an actively managed exchange-traded fund that seeks maximum total return through a combination of capital appreciation and current income. The fund invests primarily in U.S.-related high-yield corporate debt securities rated below investment grade, focusing on intermediate-duration bonds and issuers with relatively stronger credit profiles within the high-yield market. Its investment approach emphasizes fundamental credit analysis and relative value to identify attractive opportunities across the U.S. high-yield bond market.