Hartford Core Bond ETF
HCRB
Chicago Board Options Exchange- -
USD
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Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- One Hartford Plaza Hartford CT United States of America 6155
- IPO Date
- Feb 20, 2020
- CIK
- 0001501825
- Website
- hartfordfunds.com
- Similar Companies
- Business
- Hartford Core Bond ETF (HCRB) is an actively managed exchange-traded fund that seeks long-term total return by investing primarily in a diversified portfolio of global investment-grade fixed income securities across broad maturities; these include U.S. government securities, agency and non-agency mortgage-backed securities, asset-backed securities, commercial mortgage-backed securities, investment-grade corporate bonds, and sovereign or supranational debt rated within the four highest categories by Moody's, S&P, or Fitch. The fund employs a top-down macro perspective for strategic positioning combined with bottom-up security selection by sector specialists, holding approximately 867 securities across 289 issuers with an effective duration of 6.26 years, a yield to worst of 4.69%, and allocations such as 37% to United States Government securities, 35% to mortgage-backed securities, 28% to investment-grade credit, 6% to asset-backed securities, and 5% to commercial mortgage-backed securities. Launched on February 19, 2020, and listed on the Cboe BZX Exchange, HCRB is issued by Hartford Funds Exchange-Traded Trust and managed by Hartford Funds Management Company, LLC, with sub-advisory from Wellington Management Company LLP; the portfolio management team includes Joseph F. Marvan, Campe Goodman, Robert D. Burn, Jeremy Forster, and Connor Fitzgerald. The ETF targets institutional and retail investors seeking core bond exposure with potential for tax efficiency through its ETF structure, intraday trading, and creation/redemption processes, benchmarked against the Bloomberg US Aggregate Bond Index; it maintains a net expense ratio of 0.29%, monthly dividend distributions (trailing 12-month yield of 4.23%), and assets under management of approximately $343-$346 million as of late 2025. Geographically, the fund focuses predominantly on U.S. dollar-denominated securities (91.64% U.S. bonds) with a smaller allocation to non-U.S. bonds (5.77%), administered by Hartford Funds Management Company, LLC, custodied by State Street Bank and Trust Company, and distributed by ALPS Distributors, Inc. Recent developments include the addition of portfolio managers Jeremy Forster in March 2024 and Connor Fitzgerald in November 2024 to the existing team, enhancing Wellington's collaborative fixed-income expertise amid ongoing performance commentary; the fund outperformed the Bloomberg US Aggregate Bond Index in Q3 2025 and declared monthly distributions such as $0.1065 in November 2025 and $0.1217 in October 2025, reflecting steady income generation in a volatile rate environment. No major acquisitions, funding rounds, or structural reorganizations have been reported in the last 1-2 years, though Hartford Funds as issuer launched its first options overlay strategy, the Hartford Equity Premium Income ETF (HEMI), in December 2025, signaling broader fixed-income and ETF innovation.