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Income etf

Hartford Strategic Income ETF   

TICKER
HFSI
MORNINGSTAR RATING:
Overall, 4 stars, and 3-Year, 4 stars, rated against 337 and 337 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
overall (as of 3/31/2025)
340 PRODUCTS
Multisector Bond Category
Based on Risk-Adjusted Returns
MORNINGSTAR RATING:
Overall, 4 stars, and 3-Year, 4 stars, rated against 337 and 337 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
overall (as of 3/31/2025)
340 PRODUCTS
Multisector Bond Category
Based on Risk-Adjusted Returns

Key Documents
      Actions

      Income etf

      Hartford Strategic Income ETF   
      Ticker - HFSI

      Effective 09/30/24, the Fund (formerly known as the Hartford Sustainable Income ETF) changed its name, objective, and principal investment strategy as well as reduced the Fund’s management fee rate. Returns prior to 09/30/24 reflect the performance of the Fund's prior objective and principal investment strategy.

       

      Sector Rotation Helps Diversify Income

      Actively allocating across fixed-income sectors in the pursuit of current income and long-term total return.

      As of 1/31/15 - 1/31/25. Sectors exclude cash. ABS/CMBS = Asset-Backed Securities / Commercial Mortgage-Backed Securities.

      Top-Down Macro Perspective

       

      Portfolio managers gather multiple perspectives and determine strategic investment themes in higher yielding credit sectors

      Bottom-Up Security Selection

       

      Sector specialists lend their expertise to support active security selection among high yield, bank loans, and emerging-markets debt

      Sub-advised by Wellington

       

      Wellington prioritizes independent thought and collaboration across all major asset classes

      Objective: Seeks to provide current income and long-term total return.

      Portfolio Management
      Senior Managing Director
      Fixed-Income Portfolio Manager
      3
      YRS
      MANAGING THIS FUND
      25
      YRS
      AT WELLINGTON MANAGEMENT
      28
      YRS
      EXPERIENCE IN THIS INDUSTRY
      Senior Managing Director
      Fixed-Income Portfolio Manager
      3
      YRS
      MANAGING THIS FUND
      22
      YRS
      AT WELLINGTON MANAGEMENT
      37
      YRS
      EXPERIENCE IN THIS INDUSTRY
      Senior Managing Director
      Fixed-Income Portfolio Manager
      3
      YRS
      MANAGING THIS FUND
      18
      YRS
      AT WELLINGTON MANAGEMENT
      27
      YRS
      EXPERIENCE IN THIS INDUSTRY

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

      Performance

      PERFORMANCE %
       
      CUMULATIVE %
      (as of 3/31/2025)
      AVERAGE ANNUAL TOTAL RETURNS %
      (as of 3/31/2025)
      YTD 1YR 3YR 5YR 10YR SI 1
      Hartford Strategic Income ETF (HFSI, NAV) 2.01 7.96 4.07 --- --- 1.22
      Hartford Strategic Income ETF (HFSI, Market Price) 2.10 8.33 4.02 --- --- 1.27
      Benchmark 2.78 4.88 0.52 -0.40 1.46 ---
      Morningstar Multisector Bond Category 1.82 6.36 3.20 4.86 3.18 ---
       
      CUMULATIVE %
      (as of 3/31/2025)
      AVERAGE ANNUAL TOTAL RETURNS %
      (as of 3/31/2025)
      YTD 1YR 3YR 5YR 10YR SI1
      Hartford Strategic Income ETF (HFSI, NAV) 2.01 7.96 4.07 --- --- 1.22
      Hartford Strategic Income ETF (HFSI, Market Price) 2.10 8.33 4.02 --- --- 1.27
      Benchmark 2.78 4.88 0.52 -0.40 1.46 ---
      Morningstar Multisector Bond Category 1.82 6.36 3.20 4.86 3.18 ---

      SI = Since Inception. Fund Inception: 09/21/2021

      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.

      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.

      Hartford Strategic Income ETF Morningstar Ratings
      Morningstar Medalist RatingTM
      2/28/2025
      overall
      (as of 3/31/2025)
      Overall, 4 stars, and 3-Year, 4 stars, rated against 337 and 337 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
      ©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

      340 PRODUCTS
      |
      Multisector Bond Category
      Based on Risk-Adjusted Returns
      3 YEAR
      (as of 3/31/2025)
      Overall, 4 stars, and 3-Year, 4 stars, rated against 337 and 337 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
      ©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

      340 PRODUCTS
      |
      Multisector Bond Category
      Based on Risk-Adjusted Returns

      Characteristics

      Fund Essentials (as of 4/16/2025)
      Ticker HFSI
      Inception Date 09/21/2021
      Net Assets $124,639,010
      Total Operating Expenses 0.49%
      Shares Outstanding 3,700,000
      Distributor ALPS Distributors, Inc.
      CUSIP 41653L875
      Morningstar Category Multisector Bond
      Lipper Classification Multi-Sector Income Funds
      FUND STATS
      Yield to Worst (%)
      7.32%
      Dividend Frequency
      Monthly
      Effective Duration
      4.87 yrs
      Top Ten Holdings (%) (as of 4/17/2025)
      US TREASURY N/B 03/30 4 6.50
      FNMA TBA 30 YR 5.5 SINGLE FAMILY MORTGAGE 4.27
      US TREASURY N/B 11/34 4.25 2.51
      US TREASURY N/B 08/44 4.125 2.18
      US TREASURY N/B 11/54 4.5 1.68
      TSY INFL IX N/B 01/34 1.75 1.29
      US TREASURY N/B 11/48 3.375 1.25
      US TREASURY N/B 02/28 4.25 1.25
      US TREASURY N/B 08/34 3.875 1.18
      EURO CURRENCY 0.97
      Total of Top Ten Holdings % 23.08
      TRADING DETAILS (as of 4/16/2025)
      Ticker HFSI
      CUSIP 41653L875
      IOPV TICKER HFSI.IV
      Stock Exchange Cboe BZX Exchange, Inc.
      Close $33.72
      Change $0.09
      Change % 0.26%
      Net Asset Value(NAV)
      NAV Change
      NAV Change %
      Premium/Discount 0.09%
      30 Day Median Bid/Ask Spread
      0.09%
      Yields (%) (as of 3/31/25)
      Distribution Yield at NAV
      5.13
      Trailing 12 Month Yield
      6.52
      30-Day SEC Yield
      5.92
      Unsubsidized 30-Day SEC Yield
      5.92
      distributions and capital gains
      Ex-dividend date record date payable date ordinary income short term capital gains long term capital gains total distribution
      3/28/2025 3/28/2025 4/1/2025 $0.1474 $0.0000 $0.0000 $0.1474
      2/27/2025 2/27/2025 3/3/2025 $0.1571 $0.0000 $0.0000 $0.1571
      1/30/2025 1/30/2025 2/3/2025 $0.1544 $0.0000 $0.0000 $0.1544
      12/31/2024 12/31/2024 1/3/2025 $0.5048 $0.0000 $0.0000 $0.5048
      12/17/2024 12/17/2024 12/19/2024 $0.0000 $0.0000 $0.0000 $0.0000
      11/27/2024 11/27/2024 12/2/2024 $0.1266 $0.0000 $0.0000 $0.1266
      10/30/2024 10/30/2024 11/1/2024 $0.1614 $0.0000 $0.0000 $0.1614
      9/27/2024 9/27/2024 10/1/2024 $0.1517 $0.0000 $0.0000 $0.1517
      8/29/2024 8/29/2024 9/3/2024 $0.1592 $0.0000 $0.0000 $0.1592
      7/30/2024 7/30/2024 8/1/2024 $0.1786 $0.0000 $0.0000 $0.1786
      6/27/2024 6/27/2024 7/1/2024 $0.1524 $0.0000 $0.0000 $0.1524
      5/30/2024 5/30/2024 6/3/2024 $0.1893 $0.0000 $0.0000 $0.1893
      4/26/2024 4/29/2024 5/1/2024 $0.1645 $0.0000 $0.0000 $0.1645
      Past distributions are not indicative of future distributions.
      Fund Literature

      This flyer highlights the ETF's process, adaptability, and cost-effectiveness.
      12/31/2024 - PDF (179 KB)
      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.
      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 (13 KB)
      A document that supplements the fund's prospectus with additional information about the fund including its operations and risks.
      Important Risks: Investing involves risk, including the possible loss of principal. Security prices of the Fund's underlying holdings will fluctuate in value depending on general market and economic conditions and the prospects of individual companies. The market price of the Fund's shares will fluctuate in response to changes in the Fund's net asset value, intraday value of the Fund's holdings, and the supply and demand for shares. • The Fund is actively managed and does not seek to replicate the performance of a specified index. • Fixed income security risks include credit, liquidity, call, duration, event, and interest-rate risk. As interest rates rise, bond prices generally fall. • Investments in high-yield ("junk") bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities. • Foreign investments, including foreign government debt, may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political, economic and regulatory developments. These risks may be greater, and include additional risks, for investments in emerging markets. • 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, valuation, and counterparty risk. • 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, which could increase transaction costs and an investor's tax liability. The risks associated with the TBA market include price and counterparty risk. • Restricted securities may be more difficult to sell and price than other securities. • 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. • 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 portfolio managers may allocate a portion of the Fund's assets to specialist portfolio managers, which may not work as intended. • 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 Funds 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.
      4352337 HFA002939