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About Lazard Active ETF Trust Lazard International Dynamic Equity ETF
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Inception date
May 12, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Lazard Asset Management LLC
Distributor
Foreside Fund Services LLC
IEQ launched through a conversion from a mutual fund, bringing $31.1 million in assets to the ETF. The ETF targets long-term capital appreciation by investing in diverse global non-US equities. With a proprietary active, systematic stock-picking process, Lazard balances risk and reward through a blend of machine intelligence and fundamental insights. The bottom-up selection technique bypasses single-style or factor dependency, focusing on valuation, growth, quality, and sentiment to consistently deliver excess returns. The portfolio includes common and preferred stocks, convertible securities, depositary receipts, and REITs, and extends up to 20% investment in US companies. It utilizes a quantitative model for sector allocation, considering factors such as market enthusiasm, price momentum, and trading volume. Allocations among countries and regions hinge on the management's market analysis, with investments spanning both developed and emerging markets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Stocks98.83%
Finance27.62%
Electronic Technology12.16%
Producer Manufacturing7.29%
Health Technology7.24%
Technology Services7.10%
Retail Trade6.62%
Non-Energy Minerals5.44%
Transportation3.56%
Energy Minerals3.45%
Consumer Non-Durables3.10%
Consumer Durables3.02%
Utilities2.93%
Industrial Services2.47%
Communications2.43%
Consumer Services1.95%
Commercial Services1.37%
Process Industries0.99%
Bonds, Cash & Other1.17%
Mutual fund0.79%
UNIT0.47%
Miscellaneous0.00%
Cash−0.10%
Stock breakdown by region
Europe43.77%
Asia39.61%
North America8.37%
Oceania4.06%
Middle East2.08%
Latin America1.39%
Africa0.72%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IEQ invests in stocks. The fund's major sectors are Finance, with 27.65% stocks, and Electronic Technology, with 12.17% of the basket. The assets are mostly located in the Europe region.
IEQ top holdings are Taiwan Semiconductor Manufacturing Co., Ltd. and Novartis AG, occupying 2.94% and 1.99% of the portfolio correspondingly.
IEQ assets under management is 402.56 M USD. It's risen 888.02% over the last month.
IEQ fund flows account for 372.57 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, IEQ pays dividends to its holders with the dividend yield of 2.63%. The last dividend (Jun 23, 2025) amounted to 0.34 USD. The dividends are paid semi-annually.
IEQ shares are issued by Lazard, Inc. under the brand Lazard. The ETF was launched on May 12, 2025, and its management style is Active.
IEQ expense ratio is 0.40% meaning you'd have to pay 0.40% of your investment to help manage the fund.
IEQ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IEQ invests in stocks.
IEQ price has fallen by −0.87% over the last month, and its yearly performance shows a 4.01% increase. See more dynamics on IEQ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.09% over the last month, have fallen by −1.09% over the last month, showed a 5.04% increase in three-month performance and has increased by 16.64% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.09% over the last month, have fallen by −1.09% over the last month, showed a 5.04% increase in three-month performance and has increased by 16.64% in a year.
IEQ trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.