Hartford Short Duration ETF (HSRT)
Hartford Short Duration ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in Hartford, CT, US. The stock last traded at $38.67, up 0.44% on the session, giving a market capitalisation of $103.6M. Its beta of 0.19 implies it has historically moved less than the broad market.
The Hartford Short Duration ETF strives to fulfill its financial aims by investing in assets chosen for their attractive yield potential and overall capital appreciation. While its primary holdings generally consist of investment-grade securities, the fund retains the option to allocate up to 35% of its net assets to non-investment grade fixed income instruments, commonly known as "junk bonds." Additionally, up to 35% of its net assets may be deployed into bank loans or participation interests. These loans, extended to U.S. and international corporations, partnerships, and other entities, can be secured or unsecured and feature variable, fixed, or floating interest rates.
Hartford Short Duration ETF is most often compared with the following Financial Services names: