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JPY

Lazard Japanese Equity ETF·NASDAQ
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Key Stats

Assets Under Management
74.28MUSD
Fund Flows (1Y)
25.46MUSD
Dividend Yield
2.16%
Discount/Premium to NAV
0.91%
Shares Outstanding
2.15M
Expense Ratio
0.60%

About Lazard Japanese Equity ETF

Issuer
Lazard Asset Management LLC
Brand
Lazard
Inception Date
Apr 4, 2025
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
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
JPY offers a way to access opportunities to the Japanese equity market, investing in a range of equity-related securities, including common and preferred stocks, warrants, and rights. Portfolio construction is based on an active, research-based approach that identifies sectors with high growth potential at different stages of the economic cycle. Rather than focusing on a specific industry or market capitalization, the fund adapts to changing market conditions. The fund may invest in ETFs. Additionally, it may use futures and swaps for hedging purposes or boost returns. The fund may hedge exposure to the Japanese yen relative to the US dollar through forward contracts when deemed appropriate.

Classification

Asset Class
Equity
Category
Size and Style
Focus
Total Market
Niche
Broad-based
Strategy
Active
Geography
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Weighting Scheme
Proprietary
Selection Criteria
Proprietary

Analysis

Sector

Industrials

25.83%

Financial Services

21.61%

Technology

13.32%

Consumer Cyclical

9.55%

Communication Services

7.59%

Basic Materials

6.66%

Healthcare

5.07%

Consumer Defensive

4.23%

Real Estate

2.56%

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Asset

Holdings

Symbol

Ratio

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MITSUBISHI UFJ FINANCIAL GRO

5.17%
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SUMITOMO MITSUI FINANCIAL GR

4.37%
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MIZUHO FINANCIAL GROUP INC

4.03%
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HITACHI LTD

3.18%
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MITSUBISHI CORP

3.04%
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SONY GROUP CORP

2.94%

Symbol

Ratio

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TOKYO ELECTRON LTD

2.79%
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RESONA HOLDINGS INC

2.66%
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TOKIO MARINE HOLDINGS INC

2.52%
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TAKEDA PHARMACEUTICAL CO LTD

2.45%

Top 10 Weight 33.15%

10 Total Holdings

See all holdings

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