Hartford Short Duration ETF
HSRT
Chicago Board Options Exchange- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Hartford AAA CLO ETF (ticker: TRPA, formerly HSRT) is an actively managed exchange-traded fund that seeks capital preservation and current income by investing primarily in high-quality collateralized loan obligations. The fund normally invests at least 80% of its net assets in AAA-rated CLOs, with up to 20% allocated to AA- or A-rated CLOs; it maintains a short effective duration of approximately 0.10 years, holds around 128 securities including top positions such as Ares CLO Ltd. and Benefit Street Partners CLO Ltd., and distributes income monthly with a trailing 12-month yield of 5.75% and a 30-day SEC yield of 5.12%. Sub-advised by Wellington Management, the fund emphasizes in-depth analysis of CLO managers, collateral pools, and structures within the securitized bond sector, targeting institutional and retail investors seeking low-volatility fixed income exposure. Launched on May 30, 2018, by Hartford Funds, a subsidiary of The Hartford Financial Services Group, Inc., which traces its origins to 1810 and is headquartered in Hartford, Connecticut, with key asset management operations in Radnor, Pennsylvania. The ETF operates principally in U.S. markets, focusing on investment-grade asset-backed securities without significant international exposure. In recent developments, the fund underwent a significant strategic shift prior to February 12, 2024, transitioning from its original short-duration bond strategy—emphasizing investment-grade fixed income with durations under three years—to its current focus on AAA CLOs, accompanied by changes in investment objective, principal strategies, and management. Effective April 15, 2025, the ticker symbol changed from HSRT to TRPA to better reflect its AAA CLO emphasis. These updates align with Hartford Funds' broader ETF expansion, including surpassing $5 billion in ETF assets under management as of October 31, 2024, and launching new systematic ETFs, while maintaining key sub-advisory partnerships with Wellington Management and Schroders.