The Bloomberg Barclays US Aggregate Bond Index is a widely used proxy for the US bond market. Despite historically low interest rates, the duration of the Index is still relatively high at 6 years. Duration measures the sensitivity of bonds to changes in interest rates. Investors should work with their financial professionals to seek bond funds that offer attractive yields without significant duration risk.
Duration of the Bloomberg Barclays US Aggregate Bond Index (1/31/78–12/31/20)
Source: Barclays Live, Bloomberg, and Hartford Funds, 1/21. For illustrative purposes only. Bloomberg Barclays US Aggregate Bond Index is composed of securities from the Barclays Government/Credit Bond Index, Mortgage-Backed Securities Index, Asset-Backed Securities Index, and Commercial Mortgage-Backed Securities Index. Indices are unmanaged and not available for direct investment.
Select Hartford Funds with short duration*
|Hartford Short Duration ETF (HSRT)
|Hartford Schroders Securitized Income Fund (HITIX)
*Funds listed have a duration of three years or less; duration is subject to change. View the full list of Hartford Funds.
Talk to your financial professional about bond funds that seek to manage duration risk.
Past performance does not guarantee future results.
ETFs are not mutual funds. Unlike traditional open-ended mutual funds, ETF shares are bought and sold in the secondary market through a stockbroker. ETFs trade on major stock exchanges and their prices will fluctuate throughout the day. Both ETFs and mutual funds are subject to risk and volatility.
Investing involves risk, including the possible loss of principal. • 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. Investors may be subject to the federal Alternative Minimum Tax as well as state and local income taxes. Capital gains, if any, are taxable. • Loans can be difficult to value and less liquid than other types of debt instruments; they are also subject to nonpayment, collateral, bankruptcy, default, extension, prepayment and insolvency risks.
The Hartford Floating Rate Fund and Hartford Floating Rate High Income Fund should not be considered an alternative to CDs or money market funds. These Funds are for investors who are looking to complement their traditional fixed-income investments..
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