The Fund seeks to provide total return with income as a secondary objective.
An ETF that invests in investment-grade corporate bonds with a focus on bottom-up credit selection.
|Inception||March 21, 2017|
|Distributor||ALPS Distributors, Inc.|
|# of Holdings||114|
|Stock Exchange||NYSE Arca|
|Net Asset Value(NAV)||$51.49|
|NAV Change %||0.17%|
% (as of 10/31/2017)
Average Annual Total Returns % (as of 10/31/2017)
|Corporate Bond ETF (HCOR, NAV)||---||---||---||---||5.11|
|Corporate Bond ETF (HCOR, Market Price)||---||---||---||---||5.29|
|Benchmark (Bloomberg Barclays US Corporate Bond Index)||5.43||3.18||3.62||3.07||---|
% (as of 9/30/2017)
Average Annual Total Returns % (as of 9/30/2017)
|Corporate Bond ETF (HCOR, NAV)||---||---||---||---||4.60|
|Corporate Bond ETF (HCOR, Market Price)||---||---||---||---||4.84|
|Benchmark (Bloomberg Barclays US Corporate Bond Index)||5.08||1.96||3.87||3.23||---|
Performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be higher or lower than actual data quoted. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance quoted.
ETF Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total returns are calculated using the daily 4:00pm Eastern Time net asset value (NAV). Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times. The Fund is new and has a limited operating history.
|Number of Holdings||110|
|Years To Worst||10.97|
|As of Date||10/31/2017|
|Distribution Yield at NAV||3.06|
|Trailing 12 Month Yield||0.00|
|30-Day SEC Yield||3.04|
|30-Day UNSUB SEC Yield||3.04|
Top Ten Holdings (%)
|US Long Bond(cbt) Dec17 Xcbt 20171219||4.39|
|Time Warner Cable Llc Sr Secured 04/19 8.25||2.54|
|Verizon Communications Sr Unsecured 09/20 4.5||2.20|
|Crown Castle Intl Corp Sr Unsecured 02/21 3.4||2.19|
|Bpce Sa Sr Unsecured 144a 10/27 3.5||2.17|
|Ubs Ag Subordinated Regs 05/23 Var||1.95|
|Unitedhealth Group Inc Sr Unsecured 02/38 6.875||1.95|
|Sherwin Williams Co Sr Unsecured 05/20 2.25||1.85|
|Aercap Ireland Cap/globa Company Guar 05/21 4.5||1.80|
|At+t Inc Sr Unsecured 06/22 3||1.79|
|Total of Top Ten Holdings||22.83|
Credit Exposure (%)
|Cash & Cash Offsets||2.1|
Credit exposure is the credit ratings for the underlying securities of the Fund as provided by Standard and Poor's (S&P), Moody's Investors Service, or Fitch and typically range from AAA/Aaa (highest) to C/D (lowest). If S&P, Moody's, and Fitch assign different ratings, the median rating is used. If only two agencies assign ratings, the lower rating is used. Securities that are not rated by any of the three agencies are listed as "Not Rated." S&P, Moody’s, and Fitch study the financial condition of an entity to ascertain its creditworthiness. The credit ratings reflect the rating agency's opinion of the holdings financial condition and histories. Ratings do not apply to the Fund itself or to Fund shares. Ratings may change.
|Sectors||9/30/2017||FUND 10/31/2017||Bloomberg Barclays US Corporate Bond Index 10/31/2017|
|Non Corporate Credit||6.4||6.4||0.6|
|Ex-Dividend Date||Record Date||Payable Date||Ordinary Income||Short-Term Capital Gain||Long-Term Capital Gain||Total DIstribution|
Past distributions are not indicative of future distributions.
09/30/2017 | pdf
03/17/2017 | pdf
07/14/2017 | pdf
09/30/2017 | pdf
03/17/2017 | pdf
03/17/2017 | pdf
A WORD ABOUT RISK
Transactions in ETF shares will result in brokerage commissions and will generate tax consequences. All regulated investment companies are obliged to distribute portfolio gains to shareholders.
IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.
Premium/discount reflects the relationship between an ETF’s market price and its net asset value (NAV). Because ETFs are traded on an exchange, their market prices are in part driven by supply and demand dynamics. The ETF’s market price may be above its NAV (reflecting a premium) or below its NAV (reflecting a discount).
Investors may acquire ETF Shares and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.
Hartford Funds does not provide legal, tax, or accounting advice. An investor should obtain independent tax advice based on their individual circumstances.
Sources for all data: Hartford Funds and Wellington Management.