Hartford Equity Premium Income ETF
HEMI
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Greg Frost
- Full Time Employees
- 400
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 690 Lee Road Wayne PA United States of America 19087
- IPO Date
- Dec 17, 2025
- Website
- hartfordfunds.com
- Similar Companies
- Business
- Hartford Equity Premium Income ETF, the Hartford Funds actively managed ETF that aims to generate current income in a tax-efficient manner while preserving exposure to U.S. equity upside, and is sub-advised by Wellington Management Company LLP. The fund blends a core equity portfolio with an options overlay to enhance income generation and potential returns. Main Products and Services: - Core equity strategy: actively selects a growth-oriented U.S. large- and mid-cap equity portfolio using fundamental research focused on quality metrics, business momentum, valuations, competitive advantages, cash generation, and growth potential. - Income generation via options overlay: writes short-dated (approximately one week to expiration) out-of-the-money call options on the underlying S&P 500 index or on the SPDR S&P 500 ETF Trust, to generate option premium income; may use FLEX options referencing the underlying. - Sub-advisory and governance: sub-advised by Wellington Management Company LLP, combining Wellington’s Core Equity and Global Derivatives capabilities to manage long equity selection and the options overlay. - Tax-efficient income strategy: structured to deliver current income while aiming to minimize taxable distributions through the use of option premiums and disciplined trading of options on broad market benchmarks. Latest Major Company Changes: - Product launch and market introduction: Hartford Funds launches the Hartford Equity Premium Income ETF (HEMI) as a dedicated actively managed equity ETF with an integrated options income strategy, listing in late 2025; the vehicle marks Hartford Funds’ expansion into actively managed equity ETFs with a transparent overlay approach. This launch represents a major strategic expansion of Hartford Funds’ ETF lineup and product suite. - Strategic positioning and market reception: the fund is positioned to address investor demand for tax-efficient income solutions that also offer upside participation in U.S. equity markets, reflecting Hartford Funds’ emphasis on income generation, tax efficiency, and equity exposure through a disciplined derivatives overlay. This aligns with industry commentary on its intended benefits and structure. - Sub-advisor alignment: fully integrated sub-advisory arrangements with Wellington Management Company LLP to execute the equity selection and derivatives overlay, signaling a strategic collaboration to leverage Wellington’s strengths in core equity and global derivatives. Additional Context: - Industry and segments: United States-based asset management and mutual fund/ETF products with a focus on equity income strategies, derivatives overlays, and actively managed ETFs. - Target markets and clients: financial advisors, institutional investors, and individual investors seeking income-generating equities with potential for capital appreciation in a tax-efficient framework. - Geographic operations: United States-focused equity strategy with the underlying exposure concentrated in U.S. issuers and a securities overlay linked to U.S. market indices/ETFs; distribution and service footprint align with Hartford Funds’ U.S.-centric operations. - Founding year and headquarters: Hartford Funds operates under Hartford Funds, with the ETF launched in late 2025; the parent and fund sponsor are headquartered in the United States (Hartford Funds as part of local financial services operations). - Subsidiaries/parent relationships: Hartford Funds serves as sponsor and distributor; Wellington Management Company LLP serves as sub-adviser for the ETF’s equity and derivatives components. Illustrative example: - Investment objective and approach: the fund seeks to generate current income with a tax-efficient approach by combining a fundamental active U.S. stock portfolio with a weekly-call options overlay, which offers premium income potential while maintaining exposure to U.S. equity upside through the underlying stock portfolio. This dual approach is designed to balance yield with capital appreciation, as described in the fund’s public materials.