Hartford High Yield ETF

Frequently Asked Questions About HINC

What does HINC invest in?

The actively managed ETF seeks high current income and long-term total return. It normally invests at least 80% of its assets in non-investment-grade debt securities, primarily corporate bonds, and may invest up to 30% of net assets in securities of foreign issuers.

What is the expense ratio of HINC?

Hartford High Yield ETF (HINC) charges an expense ratio of 0.51%. This is the annual fee deducted from fund assets to cover management and operations.

What is the duration of HINC?

Effective duration measures HINC's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. HINC's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of HINC?

HINC's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of HINC?

Yield to maturity (YTM) is the total return you'd earn from HINC if every bond in the portfolio is held to maturity at the current price. HINC's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.

How big is HINC?

Hartford High Yield ETF (HINC) manages $397.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.