Market Overview

Hartford Expands ETF Lineup With 2 New Bond Funds

Hartford Expands ETF Lineup With 2 New Bond Funds

Hartford Funds, the fund-issuing arm of Hartford Financial Services Group Inc. (NYSE: HIG), expanded its exchange-traded funds lineup Wednesday with the launches of two actively managed fixed income funds.

2 New Bond ETFs

The new ETFs are the Hartford Quality Bond ETF (NYSE: HQBD) and the Hartford Corporate Bond ETF (NYSE: HCOR). Both are sub-advised by Wellington Management Company LLP.

“Hartford Quality Bond ETF seeks to maximize total return while providing a high level of current income consistent with prudent investment risk,” said Hartford Funds in a statement. “The fund is a conservative core bond fund with an emphasis on investment grade debt, including US Governments and mortgage-backed securities. Hartford Corporate Bond ETF offers corporate bond exposure through a bottom-up strategy of predominantly investment grade corporate bonds and seeks to provide total return, with income as a secondary objective.”

“The majority of holdings will be comprised of investment-grade fixed-income securities and will also include assets in mortgage-related securities, along with credit sectors, including non-agency residential and commercial mortgage-backed securities, asset backed securities, corporate bonds and covered bonds. The ETF may hold government debt exposure and utilize derivatives,” according to ETF Trends.


Following that purchase, Hartford launched the he Hartford Multifactor REIT ETF RORE. RORE charges 0.45 percent per year, or $45 on a $10,000 investment and was the first ETF introduced by Hartford following the acquisition of Lattice.

RORE tracks the Lattice Risk-Optimized Real Estate Strategy Index with the objective of beating traditional real estate benchmarks, such as the MSCI US REIT Index. Hartford offers five equity-based smart beta ETFs, including RORE, covering U.S. stocks, emerging markets and ex-US developed markets.

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