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Value etf

Hartford Longevity Economy ETF    Ticker - HLGE


TICKER
HLGE

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      Objective

      The Fund seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an Index, which is designed to generate attractive risk-adjusted returns by investing in companies that comprise industries that reflect certain themes that are expected to benefit from the growth of the aging population and the substantial buying power it represents.

      Overview

      This Fund is designed to provide exposure to US markets that take advantage of the growing importance of the buying power of the aging global population.


      Our systematic, rules-based index methodology is designed to simultaneously address risks while seeking exposures to return-enhancing factors:

      Set Risk PArameters

      Seek to improve diversification of top-down exposure to higher conviction sub-industries

      Select Securities

      Seek companies with a favorable combination of low valuation (50%), high momentum (30%), and high quality (20%) investment factors

      Reconstitute and Rebalance

      Reapply the investment process twice a year in March and September to ensure the portfolio stays true to the rules-based index methodology

      Performance

      PERFORMANCE %
       
      CUMULATIVE %
      (as of 10/31/2022)
      AVERAGE ANNUAL TOTAL RETURNS %
      (as of 10/31/2022)
      YTD 1YR 3YR 5YR 10YR SI 1
      Hartford Longevity Economy ETF(HLGE, NAV) -15.20 -12.40 --- --- --- -2.43
      Hartford Longevity Economy ETF(HLGE, Market Price) -15.20 -12.49 --- --- --- -2.43
      Underlying Index (Hartford Longevity Economy Index - LHLGEX) -14.96 -12.10 --- --- --- ---
      Benchmark -18.44 -16.52 9.79 9.87 12.46 ---
      Morningstar Mid-Cap Blend Category -14.23 -12.33 8.05 7.07 10.21 ---
       
      CUMULATIVE %
      (as of 9/30/2022)
      AVERAGE ANNUAL TOTAL RETURNS %
      (as of 9/30/2022)
      YTD 1YR 3YR 5YR 10YR SI1
      Hartford Longevity Economy ETF(HLGE, NAV) -23.24 -17.63 --- --- --- -8.66
      Hartford Longevity Economy ETF(HLGE, Market Price) -23.24 -17.69 --- --- --- -8.66
      Underlying Index (Hartford Longevity Economy Index - LHLGEX) -23.05 -17.32 --- --- --- ---
      Benchmark -24.62 -17.63 7.70 8.62 11.39 ---
      Morningstar Mid-Cap Blend Category -21.64 -15.64 5.27 5.43 9.09 ---

      SI = Since Inception. Fund Inception: 03/16/2021

      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.

      Index performance returns do not reflect any management fees, transaction costs, or expenses.

      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 11/25/2022)
      Ticker HLGE
      Inception Date 03/16/2021
      Net Assets $7,422,548
      Total Operating Expenses 0.44%
      Shares Outstanding 300,000
      Distributor ALPS Distributors, Inc.
      Morningstar Category Mid-Cap Blend
      Lipper Classification Multi-Cap Value Funds
      Holdings Characteristics
      Price/Book
      2.5x
      Price/Earnings
      12.4x
      Nominal Companies
      328
      Effective Companies
      197
      Debt to Equity
      218.8%
      Index Dividend Yield (%)
      1.86
      Yields (%) (as of 10/31/22)
      Distribution Yield at NAV
      1.28
      Trailing 12 Month Yield
      1.48
      30-Day SEC Yield
      1.45
      Unsubsidized 30-Day SEC Yield
      1.45
      Dividend Yield
      ---
      Sector Exposure (%)
      Information Technology 27
      Health Care 24
      Consumer Discretionary 15
      Financials 14
      Communication Services 9
      Consumer Staples 6
      Industrials 3
      Utilities 1
      Real Estate 1
      Energy 0
      Materials 0
      Information Technology 27
      Health Care 24
      Consumer Discretionary 15
      Financials 13
      Communication Services 10
      Consumer Staples 6
      Industrials 3
      Utilities 1
      Real Estate 1
      Energy 0
      Materials 0
      TRADING DETAILS (as of 11/25/2022)
      Ticker HLGE
      CUSIP 518416805
      IOPV TICKER HLGE.IV
      Stock Exchange NYSE Arca
      Close $24.74
      Change $0.07
      Change % 0.27%
      Net Asset Value(NAV) $24.74
      NAV Change $0.06
      NAV Change % 0.25%
      Premium/Discount -0.01%
      30 Day Median Bid/Ask Spread
      0.17%
      Top Ten Holdings (%) (as of 11/25/2022)
      MERCK + CO. INC. COMMON STOCK USD.5 1.09
      BRISTOL MYERS SQUIBB CO COMMON STOCK USD.1 1.08
      WORLD WRESTLING ENTERTAIN A COMMON STOCK USD.01 1.06
      SUPER MICRO COMPUTER INC COMMON STOCK USD.001 1.06
      QUEST DIAGNOSTICS INC COMMON STOCK USD.01 0.99
      A10 NETWORKS INC COMMON STOCK USD.00001 0.96
      GILEAD SCIENCES INC COMMON STOCK USD.001 0.95
      DELL TECHNOLOGIES C COMMON STOCK 0.95
      PFIZER INC COMMON STOCK USD.05 0.95
      HEWLETT PACKARD ENTERPRISE COMMON STOCK USD.01 0.94
      Total of Top Ten Holdings % 10.03
      Market Cap Distribution (%)

      Market Cap Header

      FUND Russell 3000 Index

      Market Cap Header3

      Less than $2B 12 2
      $2B - $10B 19 9
      $10B - $100B 45 36
      Greater than $100B 25 52
      distributions and capital gains
      Ex-dividend date record date payable date ordinary income short term capital gains long term capital gains total distribution
      9/27/2022 9/28/2022 9/30/2022 $0.0758 $0.0000 $0.0000 $0.0758
      6/27/2022 6/28/2022 6/30/2022 $0.0678 $0.0000 $0.0000 $0.0678
      3/25/2022 3/28/2022 3/30/2022 $0.0655 $0.0000 $0.0000 $0.0655
      12/22/2021 12/23/2021 12/28/2021 $0.1403 $0.0000 $0.0000 $0.1403
      Past distributions are not indicative of future distributions.

      Literature


      09/30/2022 - PDF (202 KB)
      This Fact Sheet summarizes the ETFs investment approach, portfolio statistics, top holdings, and the current performance.
      A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
      09/30/2022 - PDF (387 KB)
      This Pitchbook reviews the ETF's investment approach, investment team, investment process, and general portfolio parameters.
      PDF (3 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.
      Important Risks: The Fund is new and has a limited operating history. Investing involves risk, including the possible loss of principal. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • The Fund is not actively managed but rather attempts to track the performance of an index. The Fund's returns may diverge from that of the index. • The Fund's focus on securities of issuers that are expected to benefit from providing goods and services that are needed by or attractive to the world's aging populations may affect the Fund's exposure to certain industries or types of investments. Certain investments in companies focused on longevity and aging solutions may be affected by government regulations or other factors. • Investments focused in a sector, industry or group of industries may increase volatility and 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.
      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).

      Hartford Longevity Economy Index (the "Index") is the property of Lattice Strategies LLC, a wholly owned subsidiary of Hartford Funds Management Company, LLC, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Index LLC) to calculate and maintain the Index. The Index is not sponsored by S&P Dow Jones Indices or its affiliates or its third party licensors and none of those parties will be liable for any errors or omissions in calculating the Index.

      Sources for all data: Bloomberg, MSCI, and Hartford Funds.
      227201 HFA001398

      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.

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