Objective
The Fund seeks a competitive total return, with income as a secondary objective.
Overview
A diversified bond fund that invests at least 70% of its assets in investment-grade debt with tactical investments in high-yield and non-US dollar bonds.
Portfolio managers are supported by the full resources of Wellington Management, the fund's sub-adviser.
| Ticker | HTRB |
| Inception | September 27, 2017 |
| Net Assets | $45,011,249.37 |
| Shares Outstanding | 1,150,000 |
| Distributor | ALPS Distributors, Inc. |
| Dividend Frequency | Monthly |
| Ticker | HTRB |
| CUSIP | 41653L305 |
| IOPV TICKER | HTRB.IV |
| Stock Exchange | NYSE Arca |
| Close | $39.17 |
| Change | $0.00 |
| Change % | 0.00% |
| Net Asset Value(NAV) | $39.14 |
| NAV Change | $0.01 |
| NAV Change % | 0.03% |
| Premium/Discount | 0.08% |
|
Average Annual Total Returns % (as of 7/31/2018)
|
|||||
| 1YR | 3YR | 5YR | SI1 | ||
|---|---|---|---|---|---|
| Total Return Bond ETF (HTRB, NAV) | --- | --- | --- | -0.71 | |
| Total Return Bond ETF (HTRB, Market Price) | --- | --- | --- | -0.74 | |
| Reference Index (Bloomberg Barclays U.S. Aggregate Bond Index) | -0.80 | 1.49 | 2.25 | --- | |
|
Average Annual Total Returns % (as of 6/30/2018)
|
|||||
| 1YR | 3YR | 5YR | SI1 | ||
|---|---|---|---|---|---|
| Total Return Bond ETF (HTRB, NAV) | --- | --- | --- | -1.07 | |
| Total Return Bond ETF (HTRB, Market Price) | --- | --- | --- | -1.20 | |
| Reference Index (Bloomberg Barclays U.S. Aggregate Bond Index) | -0.40 | 1.72 | 2.27 | --- | |
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.
| 2015 | 0.00 |
| 2014 | 0.00 |
Characteristics Allocations, exposures and holdings are subject to change. Percentages may be rounded.
| Fund | |
|---|---|
| Number of Holdings | 373 |
| Effective Duration | 5.48 |
| Years To Worst | 9.78 |
| As of Date | 7/31/2018 |
| Distribution Yield at NAV | 1.85 |
| 30-Day SEC Yield | 2.97 |
| 30-Day UNSUB SEC Yield | 2.97 |
Asset Allocation Exposure (%)
| label | currentpercentage |
|---|---|
| Mortgage Backed Securities | 50.4 |
| High Yield Credit | 6.7 |
| Commercial Mortgage Backed Sec | 7.6 |
| Asset Backed Securities | 0.3 |
| Emerging Market Debt | -0.1 |
| Investment Grade Credit | 28.8 |
| U.S. Governments | 26.4 |
| Cash and Cash Offsets | -23.5 |
| Developed Non-US Dollar Denominated | -1.7 |
| Bank Loans | 5.3 |
Top Ten Holdings (%)
| Morgan Stanley Govt Port 8302 Morgan Stanley Govt Port 8302 | 10.03 |
| Fnma Tba 30 Yr 3.5 Single Family Mortgage | 8.68 |
| US Treasury N/b 11/43 3.75 | 3.50 |
| Fhlmc Tba 30 Yr 4 Gold Single Family | 3.45 |
| Jpy181009 | 3.38 |
| Japan Treasury Disc Bill Bills 10/18 0.00000 | 3.37 |
| B9d09bc10 Irs Usd R V 03mlibor 99d09bc69 Ccpvanilla | 3.37 |
| US Treasury N/b 02/21 1.125 | 3.10 |
| Fhlmc Tba 30 Yr 3.5 Gold Single Family | 2.80 |
| Gnma Ii Tba 30 Yr 3.5 Jumbos | 2.61 |
| Total of Top Ten Holdings | 595.94 |
Credit Exposure (%)
| label | value |
|---|---|
| Aaa/AAA | 69.2 |
| Aa/AA | 2.4 |
| A | 21.0 |
| Baa/BBB | 15.9 |
| Ba/BB | 6.4 |
| B | 2.1 |
| Not Rated | 1.6 |
| Cash & Cash Offsets | -18.6 |
| Ex-Dividend Date | Record Date | Payable Date | Ordinary Income | Short-Term Capital Gain | Long-Term Capital Gain | Total DIstribution |
|---|---|---|---|---|---|---|
| 6/21/2018 | 6/22/2018 | 6/26/2018 | $0.097954 | $0.000000 | $0.000000 | $0.097954 |
| 5/21/2018 | 5/22/2018 | 5/24/2018 | $0.060000 | $0.000000 | $0.000000 | $0.060000 |
| 4/23/2018 | 4/24/2018 | 4/26/2018 | $0.099127 | $0.000000 | $0.000000 | $0.099127 |
| 3/22/2018 | 3/23/2018 | 3/27/2018 | $0.074846 | $0.000000 | $0.000000 | $0.074846 |
| 2/22/2018 | 2/23/2018 | 2/27/2018 | $0.062336 | $0.000000 | $0.000000 | $0.062336 |
| 1/22/2018 | 1/23/2018 | 1/25/2018 | $0.000000 | $0.000000 | $0.000000 | $0.000000 |
| 12/21/2017 | 12/22/2017 | 12/29/2017 | $0.152638 | $0.000000 | $0.000000 | $0.152638 |
| 11/21/2017 | 11/22/2017 | 11/29/2017 | $0.068078 | $0.000000 | $0.000000 | $0.068078 |
| 10/24/2017 | 10/25/2017 | 10/27/2017 | $0.047226 | $0.000000 | $0.000000 | $0.047226 |
Past distributions are not indicative of future distributions.
Client Conversations: Duration Risk Is Rising: Are You Prepared?
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Thu Mar 01 09:30:00 EST 2018
Fund LiteratureSelect All
|
Fact Sheet
06/30/2018 | pdf
Max 100
|
Prospectus
09/28/2017 | pdf Available For |
Total Return Bond ETF SAI
03/01/2018 | pdf Available For |
Total Return Bond ETF Statutory Prospectus
09/15/2017 | pdf Available For |
Financial Professionals:
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A WORD ABOUT RISK
The Fund is new and has a limited operating history. All investments are subject to risk, including the possible loss of principal. There is no guarantee the Fund will achieve its stated objective. The net asset value (NAV) of the Fund's shares may fluctuate due to changes in the market value of the Fund's holdings, as well as the relative supply of and demand for the shares on an exchange. The Fund is actively managed and does not seek to replicate the performance of a specified index. If the Fund's strategy for allocating assets among different asset classes and/or portfolio management teams does not work as intended, the Fund may not achieve its objective or may underperform other funds with similar investment strategies. Fixed Income risks include credit, liquidity, call, duration, and interest-rate risk. As interest rates rise, bond prices generally fall; these risks are currently heightened because interest rates are at, or near, historical lows. Investments in high-yield ("junk") bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities. Obligations of U.S. Government agencies are supported by varying degrees of credit but are generally not backed by the full faith and credit of the U.S. Government. Mortgage- and asset-backed securities' risks include credit, interest-rate, prepayment, and extension risk. The Fund may purchase securities in the To-Be-Announced (TBA) market, which can subject the Fund to additional price and counterparty risk. Derivatives may be riskier or more volatile than other types of investments because they are generally more sensitive to changes in market or economic conditions; risks include currency, leverage, liquidity, index, pricing, and counterparty risk. The Fund has the ability to invest in foreign and emerging-market bonds. Investments in these securities generally involve greater risk, volatility, and possibility of loss. Privately placed, restricted (Rule 144A) securities may be more difficult to sell and value than publicly traded securities, thus they may be potentially illiquid. The Fund may have high portfolio turnover, which could increase the Fund's transaction costs and an investor's tax liability. Diversification does not eliminate the risk of experiencing investment loss.
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.
Sources for all data: Hartford Funds and Wellington Management.
204919 HFA000239