# EDGAR Filing Document

**Accession Number:** 0002051630
**File Stem:** 0001410368-26-021562
**Filing Date:** 2026-3
**Character Count:** 22271
**Document Hash:** d892e7727cfc6cad0b7151570482163e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-021562.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0001410368-26-021562

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lazard Active ETF Trust
- **CENTRAL INDEX KEY:** 0002051630

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-24041
- **FILM NUMBER:** 26706646

**BUSINESS ADDRESS:**
- **STREET 1:** C/O LAZARD ASSET MANAGEMENT LLC
- **STREET 2:** 30 ROCKEFELLER PLAZA
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10112
- **BUSINESS PHONE:** (800) 823-6300

**MAIL ADDRESS:**
- **STREET 1:** C/O LAZARD ASSET MANAGEMENT LLC
- **STREET 2:** 30 ROCKEFELLER PLAZA
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10112

## Series and Classes Contracts Data

### Lazard Japanese Equity ETF (Series ID: S000091515)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000259183 | Lazard Japanese Equity ETF | JPY             |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Lazard Active ETF Trust

- **b. Investment Company Act file number:** 811-24041

- **c. CIK number of Registrant:** 0002051630

- **d. LEI of Registrant:** 254900CR1PMVJV76SB71

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 30 ROCKEFELLER PLAZA

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10112

  - **Telephone number:** 212-632-6000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Lazard Japanese Equity ETF

- **b. EDGAR series identifier (if any):** S000091515

- **c. LEI of Series:** 529900TJ9RCIMPNULA48

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $65694935.25

**Total Liabilities:** $396416.35

**Net Assets:** $65298518.90

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000259183 | 1.14%                | 0.22%                | -0.03%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-34978.43               | $801050.82                                 |
| Month 2  | $25.09                   | $159334.13                                 |
| Month 3  | $185296.53               | $-187994.25                                |

### Schedule of Portfolio Investments

| Name                                | Title                               | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Daifuku Co Ltd                      | Daifuku Co Ltd                      | CUSIP: 000000000<br>LEI: 3538006FG1W4X3MYHL36 | Long             | EC               | CORP              | JP        |     21300 | NS      | $669663.47    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Daikin Industries Ltd               | Daikin Industries Ltd               | CUSIP: 000000000<br>LEI: 549300Y7FWSTSHMW5Y57 | Long             | EC               | CORP              | JP        |      9300 | NS      | $1191387.29   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiwa House Industry Co Ltd         | Daiwa House Industry Co Ltd         | CUSIP: 000000000<br>LEI: 353800K9WXR9XRZJZI46 | Long             | EC               | CORP              | JP        |     14400 | NS      | $477534.85    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Disco Corp                          | Disco Corp                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      3400 | NS      | $1044869.05   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| East Japan Railway Co               | East Japan Railway Co               | CUSIP: 000000000<br>LEI: 353800SENYJ2DSM6PS44 | Long             | EC               | CORP              | JP        |     40600 | NS      | $1070268.27   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc  | Mitsubishi UFJ Financial Group Inc  | CUSIP: 000000000<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |    196600 | NS      | $3126886.34   | 4.79%             |  |  |  | No            |                  1 | On Loan: No      |
| FUJIFILM Holdings Corp              | FUJIFILM Holdings Corp              | CUSIP: 000000000<br>LEI: 529900UBKMFM0ST6H474 | Long             | EC               | CORP              | JP        |     40800 | NS      | $870427.76    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| FANUC Corp                          | FANUC Corp                          | CUSIP: 000000000<br>LEI: 529900QTSW745LOKW705 | Long             | EC               | CORP              | JP        |     20400 | NS      | $791818.56    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Fujitsu Ltd                         | Fujitsu Ltd                         | CUSIP: 000000000<br>LEI: 3538000246DHJLRTUZ24 | Long             | EC               | CORP              | JP        |     44800 | NS      | $1237291.14   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Resona Holdings Inc                 | Resona Holdings Inc                 | CUSIP: 000000000<br>LEI: 52990067JE75XZCYYT81 | Long             | EC               | CORP              | JP        |    148300 | NS      | $1412561.17   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Hitachi Ltd                         | Hitachi Ltd                         | CUSIP: 000000000<br>LEI: 549300T6IPOCDWLKC615 | Long             | EC               | CORP              | JP        |     61800 | NS      | $1932716.20   | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Kansai Electric Power Co Inc/The    | Kansai Electric Power Co Inc/The    | CUSIP: 000000000<br>LEI: 353800PFUKP5ONPJNZ86 | Long             | EC               | CORP              | JP        |    100800 | NS      | $1578768.06   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Komatsu Ltd                         | Komatsu Ltd                         | CUSIP: 000000000<br>LEI: 5493004LQ0B4T7QPQV17 | Long             | EC               | CORP              | JP        |     36300 | NS      | $1157931.67   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokio Marine Holdings Inc           | Tokio Marine Holdings Inc           | CUSIP: 000000000<br>LEI: 5299009QN2NZ191KLS29 | Long             | EC               | CORP              | JP        |     46300 | NS      | $1718250.02   | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Makita Corp                         | Makita Corp                         | CUSIP: 000000000<br>LEI: 529900CDR9E94BCM6294 | Long             | EC               | CORP              | JP        |     25100 | NS      | $758548.60    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc | Sumitomo Mitsui Financial Group Inc | CUSIP: 000000000<br>LEI: 35380028MYWPB6AUO129 | Long             | EC               | CORP              | JP        |     84600 | NS      | $2720779.61   | 4.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Financial Group Inc          | Mizuho Financial Group Inc          | CUSIP: 000000000<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | EC               | CORP              | JP        |     66800 | NS      | $2429168.39   | 3.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Corp                     | Mitsubishi Corp                     | CUSIP: 000000000<br>LEI: KVIPTY4PULAPGC1VVD26 | Long             | EC               | CORP              | JP        |     82900 | NS      | $1896579.80   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Logistics Corp           | Mitsubishi Logistics Corp           | CUSIP: 000000000<br>LEI: 529900GJKGNRLQBJUH32 | Long             | EC               | CORP              | JP        |     49100 | NS      | $375114.04    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Electric Corp            | Mitsubishi Electric Corp            | CUSIP: 000000000<br>LEI: 549300TRXM9Y6561AX39 | Long             | EC               | CORP              | JP        |     50900 | NS      | $1488892.79   | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui Chemicals Inc                | Mitsui Chemicals Inc                | CUSIP: 000000000<br>LEI: 353800H2UB5ZEZRZQC02 | Long             | EC               | CORP              | JP        |     47600 | NS      | $607963.25    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui Fudosan Co Ltd               | Mitsui Fudosan Co Ltd               | CUSIP: 000000000<br>LEI: 353800ND4ZKNZDYKMF33 | Long             | EC               | CORP              | JP        |    109300 | NS      | $1241562.09   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Murata Manufacturing Co Ltd         | Murata Manufacturing Co Ltd         | CUSIP: 000000000<br>LEI: 529900QZG6DL8ZRI7140 | Long             | EC               | CORP              | JP        |     34000 | NS      | $704099.01    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Denso Corp                          | Denso Corp                          | CUSIP: 000000000<br>LEI: 549300RYPA10CQM3QK38 | Long             | EC               | CORP              | JP        |     92100 | NS      | $1267994.51   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Paint Holdings Co Ltd        | Nippon Paint Holdings Co Ltd        | CUSIP: 000000000<br>LEI: 529900RYRJUN78A7PL87 | Long             | EC               | CORP              | JP        |     49700 | NS      | $332136.59    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Sanso Holdings Corp          | Nippon Sanso Holdings Corp          | CUSIP: 000000000<br>LEI: 353800F1K6653B4VPY57 | Long             | EC               | CORP              | JP        |     32700 | NS      | $973833.93    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| NTT Inc                             | NTT Inc                             | CUSIP: 000000000<br>LEI: 353800VHQU5VIXVUA841 | Long             | EC               | CORP              | JP        |   1467800 | NS      | $1476742.86   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Nissan Chemical Corp                | Nissan Chemical Corp                | CUSIP: 000000000<br>LEI: 3538002E4L1CUGJFFU25 | Long             | EC               | CORP              | JP        |      9700 | NS      | $331883.63    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Nitto Denko Corp                    | Nitto Denko Corp                    | CUSIP: 000000000<br>LEI: 3538009GX5P09USH2J25 | Long             | EC               | CORP              | JP        |     39100 | NS      | $926705.80    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomura Holdings Inc                 | Nomura Holdings Inc                 | CUSIP: 000000000<br>LEI: 549300B3CEAHYG7K8164 | Long             | EC               | CORP              | JP        |     82000 | NS      | $680608.63    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Nitori Holdings Co Ltd              | Nitori Holdings Co Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     20000 | NS      | $349931.42    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Okamura Corp                        | Okamura Corp                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     13000 | NS      | $190175.13    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ORIX Corp                           | ORIX Corp                           | CUSIP: 000000000<br>LEI: 35380016EMHNBOVYE123 | Long             | EC               | CORP              | JP        |     37800 | NS      | $1098224.50   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Kakaku.com Inc                      | Kakaku.com Inc                      | CUSIP: 000000000<br>LEI: 353800KA15Y0DCPWYY65 | Long             | EC               | CORP              | JP        |     39600 | NS      | $584102.84    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Rengo Co Ltd                        | Rengo Co Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     74400 | NS      | $576944.72    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Rinnai Corp                         | Rinnai Corp                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     22700 | NS      | $573491.98    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| SMC Corp                            | SMC Corp                            | CUSIP: 000000000<br>LEI: 353800O40V08DOZ70X62 | Long             | EC               | CORP              | JP        |      2500 | NS      | $868608.25    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| SoftBank Group Corp                 | SoftBank Group Corp                 | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | EC               | CORP              | JP        |     64800 | NS      | $1819005.39   | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Shimizu Corp                        | Shimizu Corp                        | CUSIP: 000000000<br>LEI: 353800BRAE0QFP3ZLY22 | Long             | EC               | CORP              | JP        |     91800 | NS      | $1562846.02   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Shin-Etsu Chemical Co Ltd           | Shin-Etsu Chemical Co Ltd           | CUSIP: 000000000<br>LEI: 353800PX8Q64N86H5W41 | Long             | EC               | CORP              | JP        |     38100 | NS      | $1184479.89   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp                     | Sony Group Corp                     | CUSIP: 000000000<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |     96100 | NS      | $2467105.17   | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Forestry Co Ltd            | Sumitomo Forestry Co Ltd            | CUSIP: 000000000<br>LEI: 549300FIIRGO6D5FWR19 | Long             | EC               | CORP              | JP        |     89300 | NS      | $914107.95    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Suzuki Motor Corp                   | Suzuki Motor Corp                   | CUSIP: 000000000<br>LEI: 353800D83H0V3ZV1SV24 | Long             | EC               | CORP              | JP        |     97800 | NS      | $1456595.74   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| THK Co Ltd                          | THK Co Ltd                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     24000 | NS      | $613531.53    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| TDK Corp                            | TDK Corp                            | CUSIP: 000000000<br>LEI: 3538005O8WNU39U8NX03 | Long             | EC               | CORP              | JP        |     85200 | NS      | $1201806.76   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Takeda Pharmaceutical Co Ltd        | Takeda Pharmaceutical Co Ltd        | CUSIP: 000000000<br>LEI: 549300ZLMVP4X0OGR454 | Long             | EC               | CORP              | JP        |     54900 | NS      | $1693460.72   | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Electron Ltd                  | Tokyo Electron Ltd                  | CUSIP: 000000000<br>LEI: 549300H5LSF8DP3RIJ34 | Long             | EC               | CORP              | JP        |      7600 | NS      | $1664053.08   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyo Suisan Kaisha Ltd              | Toyo Suisan Kaisha Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      9900 | NS      | $678969.03    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyota Tsusho Corp                  | Toyota Tsusho Corp                  | CUSIP: 000000000<br>LEI: 549300CEE2ENIUJNXB84 | Long             | EC               | CORP              | JP        |     29200 | NS      | $982492.58    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyota Motor Corp                   | Toyota Motor Corp                   | CUSIP: 000000000<br>LEI: 5493006W3QUS5LMH6R84 | Long             | EC               | CORP              | JP        |     59200 | NS      | $1267505.82   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Yakult Honsha Co Ltd                | Yakult Honsha Co Ltd                | CUSIP: 000000000<br>LEI: 353800YJPSPGG7KI0S71 | Long             | EC               | CORP              | JP        |     54200 | NS      | $846653.48    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| LAZARD GOVT MNY MMKT INS            | LAZARD GOVT MNY MMKT INS            | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    587220 | NS      | $587220.07    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Seven & i Holdings Co Ltd           | Seven & i Holdings Co Ltd           | CUSIP: 000000000<br>LEI: 52990037G8JRM3TWGY86 | Long             | EC               | CORP              | JP        |     85600 | NS      | $1229020.38   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiichi Sankyo Co Ltd               | Daiichi Sankyo Co Ltd               | CUSIP: 000000000<br>LEI: 353800XGIU2IHQGC9504 | Long             | EC               | CORP              | JP        |     53400 | NS      | $1140599.06   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMCO Corp                          | SUMCO Corp                          | CUSIP: 000000000<br>LEI: 353800SUSRUOM0V6KU92 | Long             | EC               | CORP              | JP        |     40600 | NS      | $371692.88    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Inpex Corp                          | Inpex Corp                          | CUSIP: 000000000<br>LEI: 353800VHYYADPR6MXQ47 | Long             | EC               | CORP              | JP        |     65500 | NS      | $1306698.78   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MatsukiyoCocokara & Co              | MatsukiyoCocokara & Co              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     37700 | NS      | $652284.92    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Recruit Holdings Co Ltd             | Recruit Holdings Co Ltd             | CUSIP: 000000000<br>LEI: 353800R2LRSMVVC4I806 | Long             | EC               | CORP              | JP        |     21700 | NS      | $1224791.22   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-02

**Name of Applicant:** Lazard Active ETF Trust

**Signature:** Christina Kennedy

**Name of Signer:** Christina Kennedy

**Title:** Chief Financial Officer