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Taxable Bond etf

Hartford Core Bond ETF    Ticker - HCRB


TICKER
HCRB

Key Documents
      Actions

      Objective

      The Fund seeks to provide long-term total return.

      Overview

      A core bond fund that invests primarily in investment grade fixed income, including US treasuries, corporate bonds, and mortgage-backed securities.

      Portfolio Management
      Senior Managing Director
      Fixed-Income Portfolio Manager
      2
      YRS
      MANAGING THIS FUND
      19
      YRS
      AT WELLINGTON MANAGEMENT
      34
      YRS
      EXPERIENCE IN THIS INDUSTRY
      Senior Managing Director
      Fixed-Income Portfolio Manager
      2
      YRS
      MANAGING THIS FUND
      22
      YRS
      AT WELLINGTON MANAGEMENT
      25
      YRS
      EXPERIENCE IN THIS INDUSTRY
      Managing Director
      Fixed-Income Portfolio Manager
      2
      YRS
      MANAGING THIS FUND
      15
      YRS
      AT WELLINGTON MANAGEMENT
      24
      YRS
      EXPERIENCE IN THIS INDUSTRY

      The portfolio managers are supported by the full resources of Wellington.

      Performance

      PERFORMANCE %
       
      CUMULATIVE %
      (as of 7/31/2022)
      AVERAGE ANNUAL TOTAL RETURNS %
      (as of 7/31/2022)
      YTD 1YR 3YR 5YR 10YR SI 1
      Hartford Core Bond ETF(HCRB, NAV) -9.19 -10.14 --- --- --- -1.86
      Hartford Core Bond ETF(HCRB, Market Price) -9.30 -10.42 --- --- --- -1.94
      Benchmark -8.16 -9.12 -0.21 1.28 1.65 ---
      Morningstar Intermediate Core Bond Category -8.39 -9.52 -0.31 1.09 1.56 ---
       
      CUMULATIVE %
      (as of 6/30/2022)
      AVERAGE ANNUAL TOTAL RETURNS %
      (as of 6/30/2022)
      YTD 1YR 3YR 5YR 10YR SI1
      Hartford Core Bond ETF(HCRB, NAV) -11.55 -11.60 --- --- --- -3.02
      Hartford Core Bond ETF(HCRB, Market Price) -11.63 -11.79 --- --- --- -3.08
      Benchmark -10.35 -10.29 -0.93 0.88 1.54 ---
      Morningstar Intermediate Core Bond Category -10.53 -10.74 -1.00 0.72 1.47 ---

      SI = Since Inception. Fund Inception: 02/19/2020

      Performance data quoted represents past performance and does not guarantee future results. 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 lower or higher than the performance data quoted.

      ETF shares are bought and sold at market price, not net asset value (NAV). Total returns are calculated using the daily 4:00 p.m. Eastern Time 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 an investor would receive if they traded shares at other times. Brokerage commissions apply and will reduce returns.

      Characteristics

      Fund Essentials (as of 8/12/2022)
      Ticker HCRB
      Inception Date 02/19/2020
      Net Assets $245,189,280
      Total Operating Expenses 0.29%
      Distributor ALPS Distributors, Inc.
      Morningstar Category Intermediate Core Bond
      Lipper Classification Core Bond Funds
      FUND STATS
      Turnover- (6/30/2022)
      30%
      Dividend Frequency
      Monthly
      # of Holdings
      707
      Effective Duration
      6.40 yrs
      Yields (%) (as of 7/31/22)
      Distribution Yield at NAV
      2.05
      30-Day SEC Yield
      3.32
      Unsubsidized 30-Day SEC Yield
      3.32
      Credit Exposure (%)
      Aaa/AAA 94
      Aa/AA 2
      A 14
      Baa/BBB 19
      Ba/BB 0
      B 0
      Caa/CCC or lower 0
      Not Rated 4
      Cash & Cash Offsets -33
      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." Ratings do not apply to the Fund itself or to Fund shares. Ratings may change.
      TRADING DETAILS (as of 8/12/2022)
      Ticker HCRB
      CUSIP 41653L701
      IOPV TICKER HCRB.IV
      Stock Exchange Cboe BZX Exchange, Inc.
      Close $36.38
      Change $0.14
      Change % 0.39%
      Net Asset Value(NAV) $36.32
      NAV Change $0.11
      NAV Change % 0.30%
      Premium/Discount 0.15%
      30 Day Median Bid/Ask Spread
      0.22%
      Top Ten Holdings (%) (as of 8/15/2022)
      US TREASURY N/B 11/25 0.375 6.96
      US TREASURY N/B 05/28 2.875 5.99
      FNMA TBA 30 YR 2.5 SINGLE FAMILY MORTGAGE 5.67
      FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE 5.23
      FED HM LN PC POOL QD4104 FR 01/52 FIXED 2 2.91
      US TREASURY N/B 01/29 1.75 2.82
      US TREASURY N/B 02/47 3 2.74
      GNMA II TBA 30 YR 2.5 JUMBOS 2.24
      FNMA POOL MA4577 FN 04/52 FIXED 2 2.16
      US TREASURY N/B 04/27 0.5 1.91
      Total of Top Ten Holdings % 38.63
      Asset Allocation Exposure (%)
      Mortgage Backed Securities 47
      United States Government 43
      Investment Grade Credit 33
      Asset Backed Securities 6
      Commercial Mortgage Backed Securities 4
      Emerging Market Debt 0
      High Yield Credit 0
      Other 0
      Bank Loans 0
      Developed Government and Related (Non-US $) 0
      Cash, Cash Equivalents and Cash Offsets -33
      distributions and capital gains
      Ex-dividend date record date payable date ordinary income short term capital gains long term capital gains total distribution
      7/28/2022 7/29/2022 8/2/2022 $0.0624 $0.0000 $0.0000 $0.0624
      6/29/2022 6/30/2022 7/5/2022 $0.0596 $0.0000 $0.0000 $0.0596
      5/27/2022 5/31/2022 6/2/2022 $0.0533 $0.0000 $0.0000 $0.0533
      4/28/2022 4/29/2022 5/3/2022 $0.0480 $0.0000 $0.0000 $0.0480
      3/30/2022 3/31/2022 4/4/2022 $0.0505 $0.0000 $0.0000 $0.0505
      2/25/2022 2/28/2022 3/2/2022 $0.0407 $0.0000 $0.0000 $0.0407
      1/28/2022 1/31/2022 2/2/2022 $0.0385 $0.0000 $0.0000 $0.0385
      12/30/2021 12/31/2021 1/4/2022 $0.0422 $0.0000 $0.0000 $0.0422
      12/17/2021 12/20/2021 12/22/2021 $0.0000 $0.0174 $0.1274 $0.1448
      11/29/2021 11/30/2021 12/2/2021 $0.0430 $0.0000 $0.0000 $0.0430
      10/28/2021 10/29/2021 11/2/2021 $0.0391 $0.0000 $0.0000 $0.0391
      9/29/2021 9/30/2021 10/4/2021 $0.0388 $0.0000 $0.0000 $0.0388
      8/30/2021 8/31/2021 9/2/2021 $0.0399 $0.0000 $0.0000 $0.0399
      Past distributions are not indicative of future distributions.

      Fund Literature


      06/30/2022 - PDF (184 KB)
      This Fact Sheet summarizes the ETF's investment approach, portfolio statistics, top holdings, and current performance.
      Current quarterly commentary from our sub-adviser, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
      A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
      06/30/2022 - PDF (363 KB)
      This Pitchbook reviews the ETF's investment approach, investment team, and investment process
      PDF (2 KB)
      An unaudited financial report, which includes a fund's financial statements. These reports are intended for shareholders and others who have reviewed the fund's prospectus.
      A legal document that discloses essential information about a fund, including investment objectives, risks, fees, expenses, fund manager background and other information.
      PDF (3 KB)
      An audited financial report, which includes a fund's financial statements. These reports are intended for shareholders and others who have reviewed the fund's prospectus.
      PDF (13 KB)
      A document that supplements the fund's prospectus with additional information about the fund including its operations and risks.
      For bond investors, the ground is shifting. More than ever, it's time to think defensively.
      Important Risks: Investing involves risk, including the possible loss of principal. The net asset value (NAV) of the Fund's shares may fluctuate due to changes in the market value of the Fund's holdings, which may in-turn fluctuate due to market and economic conditions. The Fund's share price may fluctuate due to changes in the relative supply of and demand for the shares on an exchange. The Fund may allocate a portion of its assets to specialist portfolio managers, which may not work as intended. • Fixed income security risks include credit, liquidity, call, duration, event, and interest-rate risk. As interest rates rise, bond prices generally fall. • Derivatives are generally more volatile and sensitive to changes in market or economic conditions than other securities; their risks include currency, leverage, liquidity, index, pricing, and counterparty risk. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political and economic developments. • The risks associated with mortgage-related and asset-backed securities as well as collateralized loan obligations (CLOs) include credit, interest-rate, prepayment, liquidity, default and extension risk. • The purchase of securities in the To-Be-Announced (TBA) market can result in higher portfolio turnover and related expenses as well as price and counterparty risk. • Restricted securities may be more difficult to sell and price than other 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. • In certain instances, unlike other ETFs, the Fund may effect creations and redemptions partly or wholly for cash, rather than in-kind, which may make the Fund less tax-efficient and incur more fees than an ETF that primarily or wholly effects creations and redemptions in-kind.

      BLOOMBERG® and any Bloomberg Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited ("BISL"), the administrator of the indices (collectively, "Bloomberg") and have been licensed for use for certain purposes by Hartford Funds. Bloomberg is not affiliated with Hartford Funds, and Bloomberg does not approve, endorse, review, or recommend any Hartford Funds product. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to Hartford Fund products.

      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).
      Sources for all data: Hartford Funds and Wellington Management.
      227198 HFA001395

      The material on this site is for informational and educational purposes only. The material should not be considered tax or legal advice and is not to be relied on as a forecast. The material is also not a recommendation or advice regarding any particular security, strategy or product. Hartford Funds does not represent that any products or strategies discussed are appropriate for any particular investor so investors should seek their own professional advice before investing. Hartford Funds does not serve as a fiduciary. Content is current as of the publication date or date indicated, and may be superseded by subsequent market and economic conditions.

      Investing involves risk, including the possible loss of principal. Investors should carefully consider a fund's investment objectives, risks, charges and expenses. This and other important information is contained in the mutual fund, or ETF summary prospectus and/or prospectus, which can be obtained from a financial professional and should be read carefully before investing.

      Mutual funds are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA|SIPC. ETFs are distributed by ALPS Distributors, Inc. (ALPS). Advisory services may be provided by Hartford Funds Management Company, LLC (HFMC) or its wholly owned subsidiary, Lattice Strategies LLC (Lattice). Certain funds are sub-advised by Wellington Management Company LLP and/or Schroder Investment Management North America Inc (SIMNA). Schroder Investment Management North America Ltd. (SIMNA Ltd) serves as a secondary sub-adviser to certain funds. HFMC, Lattice, Wellington Management, SIMNA, and SIMNA Ltd. are all SEC registered investment advisers. Hartford Funds refers to HFD, Lattice, and HFMC, which are not affiliated with any sub-adviser or ALPS. The funds and other products referred to on this Site may be offered and sold only to persons in the United States and its territories.

      © Copyright 2022 Hartford Funds Management Group, Inc. All Rights Reserved. Not FDIC Insured | No Bank Guarantee | May Lose Value