The Hartford Strategic Income ETF outperformed the Bloomberg US Aggregate Bond Index during the period, helped by further spread tightening across most fixed-income sectors. The Fund's positioning in high yield had the biggest positive impact on performance overall while exposure to bank loans also contributed favorably. The Fund's select exposure to emerging markets debt, including corporates and sovereigns, had a favorable impact on performance.
Hartford Strategic Income ETF delivers a 6% yield via an actively managed, globally diversified bond portfolio. The fund's portfolio features 80% U.S. debt, 53% investment grade, and a weighted average duration of 5.72 years. HFSI has outperformed both the U.S. bond benchmark ("BND") since its inception and major active ETF peers over 2.5 years.