An Active Core for Fixed-Income ETF Investors

Hartford Funds expanded on its line of actively managed fixed income exchange traded funds with a core, diversified fixed income strategy to achieve a more “competitive” total return.

On Thursday, Hartford Funds launched the Hartford Total Return Bond ETF (NYSEArca: HTRB). HTRB has a 0.39% expense ratio.

The Total Return Bond ETF is subadvised by Wellington Management’s team, including Joseph F. Marvan, Senior Managing Director and Fixed Income Portfolio Manager, Campe Goodman, Senior Managing Director and Fixed Income Portfolio Manager, and Robert D. Burn, Managing Director and Fixed Income Portfolio Manager.

Hartford Funds Head of Product Darek Wojnar told ETF Trends they are focused on serving their clients with a choice of investment strategies delivered in structures that support a variety of business models for their clients.

“Many of our advisor clients seek to access both systematic and active strategies via exchange-traded funds, offering them a choice of investments and structures to construct solutions designed to benefit their investor clients,” Wojnar said. “Hartford Funds is committed to delivering both our multifactor capabilities and some of the active fixed income capabilities offered by our sub-advisers, Wellington Management Company LLP and Schroder Investment Management North America Inc., via ETF structures.”

HTRB, along with Hartford’s other existing Active FI ETFs (HCOR, HQBD), offers the established expertise of Wellington Management, a world-class institutional asset manager.

Wojnar said each of these strategies is managed by teams with years and depth of experience in managing similar strategies for the most discerning institutional clients.

“Hartford Funds has partnered with our Wellington colleagues to design these capabilities, while providing high quality investment design, oversight, structuring, capital markets, and client support services accompanying all ETFs offered by our firm,” he said.