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Income etf

Hartford Strategic Income ETF   

TICKER
HSUN

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Income etf

Hartford Strategic Income ETF   
Ticker - HSUN

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.

 

Objective

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

Overview

A global, multi-sector bond fund that seeks an attractive level of income and long-term total return from a diversified portfolio of fixed-income securities.

HISTORICAL SECTOR ALLOCATION 

As of 9/30/21 – 8/31/24. Sectors exclude cash. ABS/CMBS = Asset-Backed Securities / Commercial Mortgage-Backed Securities.

Portfolio Management
Senior Managing Director
Fixed-Income Portfolio Manager
3
YRS
MANAGING THIS FUND
24
YRS
AT WELLINGTON MANAGEMENT
27
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Fixed-Income Portfolio Manager
3
YRS
MANAGING THIS FUND
21
YRS
AT WELLINGTON MANAGEMENT
36
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Fixed-Income Portfolio Manager
3
YRS
MANAGING THIS FUND
17
YRS
AT WELLINGTON MANAGEMENT
26
YRS
EXPERIENCE IN THIS INDUSTRY

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

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 11/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 11/30/2024)
YTD 1YR 3YR 5YR 10YR SI 1
Hartford Strategic Income ETF (HSUN, NAV) 8.66 13.00 1.73 --- --- 0.90
Hartford Strategic Income ETF (HSUN, Market Price) 8.58 12.73 1.68 --- --- 0.95
Benchmark 2.93 6.88 -1.95 -0.01 1.52 ---
Morningstar Multisector Bond Category 6.69 9.97 1.63 2.51 3.05 ---
 
CUMULATIVE %
(as of 9/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 9/30/2024)
YTD 1YR 3YR 5YR 10YR SI1
Hartford Strategic Income ETF (HSUN, NAV) 8.97 17.26 1.38 --- --- 1.04
Hartford Strategic Income ETF (HSUN, Market Price) 8.98 17.28 1.39 --- --- 1.13
Benchmark 4.45 11.57 -1.39 0.33 1.84 ---
Morningstar Multisector Bond Category 6.74 12.86 1.41 2.66 3.13 ---

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
10/31/2024

Characteristics

Fund Essentials (as of 12/27/2024)
Ticker HSUN
Inception Date 09/21/2021
Net Assets $74,644,441
Total Operating Expenses 0.49%
Shares Outstanding 2,150,000
Distributor ALPS Distributors, Inc.
CUSIP 41653L875
Morningstar Category Multisector Bond
Lipper Classification Multi-Sector Income Funds
FUND STATS
Yield to Worst (%)
6.81%
Dividend Frequency
Monthly
Effective Duration
3.99 yrs
Top Ten Holdings (%) (as of 12/30/2024)
US TREASURY N/B 08/34 3.875 7.62
US DOLLAR 2.61
US TREASURY N/B 02/33 3.5 2.56
FNMA POOL CB7058 FN 09/53 FIXED 6 2.12
US TREASURY N/B 11/48 3.375 2.01
US TREASURY N/B 05/46 2.5 1.53
FED HM LN PC POOL RJ2242 FR 08/54 FIXED 5.5 1.15
TSY INFL IX N/B 01/34 1.75 1.13
FNMA TBA 30 YR 5.5 SINGLE FAMILY MORTGAGE 1.08
EURO CURRENCY 1.08
Total of Top Ten Holdings % 22.89
TRADING DETAILS (as of 12/27/2024)
Ticker HSUN
CUSIP 41653L875
IOPV TICKER HSUN.IV
Stock Exchange Cboe BZX Exchange, Inc.
Close $34.81
Change $-0.03
Change % -0.07%
Net Asset Value(NAV)
NAV Change
NAV Change %
Premium/Discount 0.25%
30 Day Median Bid/Ask Spread
0.09%
Yields (%) (as of 11/30/24)
Distribution Yield at NAV
4.35
Trailing 12 Month Yield
6.22
30-Day SEC Yield
5.66
Unsubsidized 30-Day SEC Yield
5.66
distributions and capital gains
Ex-dividend date record date payable date ordinary income short term capital gains long term capital gains total distribution
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
3/27/2024 3/28/2024 4/2/2024 $0.1574 $0.0000 $0.0000 $0.1574
2/27/2024 2/28/2024 3/1/2024 $0.1529 $0.0000 $0.0000 $0.1529
1/29/2024 1/30/2024 2/1/2024 $0.1353 $0.0000 $0.0000 $0.1353
12/28/2023 12/29/2023 1/3/2024 $0.4455 $0.0000 $0.0000 $0.4455
Past distributions are not indicative of future distributions.
Fund Literature

09/30/2024 - PDF (187 KB)
This Fact Sheet summarizes the ETFs investment approach, portfolio statistics, top holdings, and the current performance.
09/30/2024 - PDF (197 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.
This flyer highlights the ETF's process, adaptability, and cost-effectiveness.
09/30/2024 - PDF (192 KB)
Current quarterly commentary from our sub-adviser, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
09/30/2024 - PDF (403 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, 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.
09/30/2024 - PDF (412 KB)
This Pitchbook reviews the ETF's investment approach, investment team, investment process, portfolio statistics, and top holdings.
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.
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: 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.
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