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Tax-Advantaged Bond etf

Hartford Schroders Tax-Aware Bond ETF    Ticker - HTAB


TICKER
HTAB

Key Documents
      Actions

      Objective

      Seeks total return on an after-tax basis.

      Overview

      The ETF seeks after-tax total return over the long-term by focusing on investment-grade taxable and tax-exempt bonds.

      Portfolio Management
      Portfolio Manager
      2
      YRS
      MANAGING THIS FUND
      11
      YRS
      AT SCHRODERS
      14
      YRS
      EXPERIENCE IN THIS INDUSTRY
      Portfolio Manager
      3
      YRS
      MANAGING THIS FUND
      8
      YRS
      AT SCHRODERS
      24
      YRS
      EXPERIENCE IN THIS INDUSTRY
      Portfolio Manager
      3
      YRS
      MANAGING THIS FUND
      8
      YRS
      AT SCHRODERS
      23
      YRS
      EXPERIENCE IN THIS INDUSTRY
      Portfolio Manager
      1
      YRS
      MANAGING THIS FUND
      2
      YRS
      AT SCHRODERS
      11
      YRS
      EXPERIENCE IN THIS INDUSTRY

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

      Performance

      PERFORMANCE %
       
      CUMULATIVE %
      (as of 12/31/2021)
      AVERAGE ANNUAL TOTAL RETURNS %
      (as of 12/31/2021)
      YTD 1YR 3YR 5YR 10YR SI 1
      Hartford Schroders Tax-Aware Bond ETF(HTAB, NAV) 0.02 0.02 4.43 --- --- 4.00
      Hartford Schroders Tax-Aware Bond ETF(HTAB, Market Price) -0.17 -0.17 4.31 --- --- 3.93
      Benchmark 1.52 1.52 4.73 4.17 3.72 ---
      Morningstar Intermediate Core Bond Category -1.48 -1.48 4.81 3.47 2.95 ---
       
      CUMULATIVE %
      (as of 12/31/2021)
      AVERAGE ANNUAL TOTAL RETURNS %
      (as of 12/31/2021)
      YTD 1YR 3YR 5YR 10YR SI1
      Hartford Schroders Tax-Aware Bond ETF(HTAB, NAV) 0.02 0.02 4.43 --- --- 4.00
      Hartford Schroders Tax-Aware Bond ETF(HTAB, Market Price) -0.17 -0.17 4.31 --- --- 3.93
      Benchmark 1.52 1.52 4.73 4.17 3.72 ---
      Morningstar Intermediate Core Bond Category -1.48 -1.48 4.81 3.47 2.95 ---

      SI = Since Inception. Fund Inception: 04/18/2018

      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.

      Performance reflects cumulative total returns for periods of less than one year and average annual total returns for periods of one year or greater.

      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 1/27/2022)
      Ticker HTAB
      Inception Date 04/18/2018
      Net Assets $93,019,091
      Total Operating Expenses 0.39%
      Shares Outstanding 4,450,000
      Distributor ALPS Distributors, Inc.
      Morningstar Category Intermediate Core Bond
      Lipper Classification General & Insured Municipal Debt Funds
      FUND STATS
      Dividend Frequency
      Monthly
      # of Holdings
      201
      Top Ten Holdings (%) (as of 1/28/2022)
      LOUISIANA ST LOCAL GOVT ENVRNM LASFAC 04/36 FIXED 2.5 2.95
      US TREASURY N/B 01/24 0.125 2.53
      GOLDMAN SACHS GROUP INC SR UNSECURED 03/24 VAR 1.92
      ILLINOIS ST HSG DEV AUTH REVEN ILSHSG 04/50 FIXED 3.75 1.89
      KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 02/50 ADJUSTABLE VAR 1.88
      MAIN STREET NATURAL GAS INC GA MAIUTL 03/50 ADJUSTABLE VAR 1.85
      AERCAP IRELAND CAP/GLOBA COMPANY GUAR 10/26 2.45 1.74
      IOWA ST FIN AUTH SF MTGE REVEN IASSFH 07/51 FIXED 3 1.70
      BAT CAPITAL CORP COMPANY GUAR 08/27 3.557 1.63
      MACQUARIE GROUP LTD SR UNSECURED 144A 09/27 VAR 1.61
      Total of Top Ten Holdings % 19.7
      TRADING DETAILS (as of 1/27/2022)
      Ticker HTAB
      CUSIP 41653L404
      IOPV TICKER HTAB.IV
      Stock Exchange NYSE Arca
      Close $20.91
      Change $0.02
      Change % 0.07%
      Net Asset Value(NAV) $20.90
      NAV Change $-0.06
      NAV Change % -0.28%
      Premium/Discount 0.03%
      30 Day Median Bid/Ask Spread
      0.57%
      YIELDS (as of 12/31/21)
      Distribution Yield at NAV
      1.53
      Trailing 12 Month Yield
      1.17
      30-Day SEC Yield
      1.14
      Unsubsidized 30-Day SEC Yield
      1.14
      distributions and capital gains
      Ex-dividend date record date payable date ordinary income short term capital gains long term capital gains total distribution
      12/30/2021 12/31/2021 1/4/2022 $0.0271 $0.0000 $0.0000 $0.0271
      12/17/2021 12/20/2021 12/22/2021 $0.0000 $0.0627 $0.1511 $0.2138
      11/29/2021 11/30/2021 12/2/2021 $0.0224 $0.0000 $0.0000 $0.0224
      10/28/2021 10/29/2021 11/2/2021 $0.0196 $0.0000 $0.0000 $0.0196
      9/29/2021 9/30/2021 10/4/2021 $0.0208 $0.0000 $0.0000 $0.0208
      8/30/2021 8/31/2021 9/2/2021 $0.0208 $0.0000 $0.0000 $0.0208
      7/29/2021 7/30/2021 8/3/2021 $0.0193 $0.0000 $0.0000 $0.0193
      6/29/2021 6/28/2021 6/30/2021 $0.0210 $0.0000 $0.0000 $0.0210
      5/27/2021 5/28/2021 6/2/2021 $0.0208 $0.0000 $0.0000 $0.0208
      4/29/2021 4/30/2021 5/4/2021 $0.0204 $0.0000 $0.0000 $0.0204
      3/30/2021 3/31/2021 4/5/2021 $0.0188 $0.0000 $0.0000 $0.0188
      2/25/2021 2/26/2021 3/2/2021 $0.0216 $0.0000 $0.0000 $0.0216
      1/28/2021 1/29/2021 2/2/2021 $0.0174 $0.0000 $0.0000 $0.0174
      Past distributions are not indicative of future distributions.

      Fund Literature


      12/31/2021 - PDF (272 KB)
      This Fact Sheet summarizes the ETF's investment approach, portfolio statistics, top holdings, and current performance.
      A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
      This Pitchbook reviews the ETFs 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.
      PDF (13 KB)
      A legal document that discloses essential information about a fund, including investment objectives, risks, fees, expenses, fund manager background and other information.
      A document that supplements the fund's prospectus with additional information about the fund including its operations and risks.
      12/31/2021 - PDF (514 KB)
      Exchange-traded funds (ETFs) designed by Hartford Funds - both strategic beta and actively managed - seek to provide investors with the tools to take greater control over the risks and opportunities in their portfolios.
      A combination of infrastructure spending, government stimulus, and the prospect of higher taxes makes a compelling case for municipal bonds.
      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. • Fixed income security risks include credit, liquidity, call, duration, and interest-rate risk. As interest rates rise, bond prices generally fall. • Municipal securities may be adversely impacted by state/local, political, economic, or market conditions; these risks may be magnified if the Fund focuses its assets in municipal securities of issuers in a few select states. Investors may be subject to the federal Alternative Minimum Tax as well as state and local income taxes. Capital gains, if any, are taxable. • The risks associated with mortgage-related and asset-backed securities include credit, interest-rate, prepayment, and extension risk. • 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. • 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. • 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 Fund may have high portfolio turnover, which could increase its transaction costs and an investor's tax liability. • 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. • Integration of environmental, social, and/or governance (ESG) factors into the investment process may not work as intended.

      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).

       

      227205    HFA001403

      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