The Hartford Core Bond ETF (HCRB) is an exchange-traded fund that seeks to provide investors with exposure to investment-grade US fixed income securities. The ETF is managed by Hartford Funds and seeks to invest in bonds issued by corporations and governments with maturities ranging from 1 to 30 years.
As of February 2023, the Hartford Core Bond ETF has a net asset value (NAV) of approximately $2 billion and is trading on the New York Stock Exchange (NYSE) under the ticker symbol "HCRB." The fund has an expense ratio of 0.24%, which is relatively low compared to other fixed income ETFs.
Investors in the Hartford Core Bond ETF should be aware of the risks associated with investing in fixed income securities, including the potential for changes in interest rates, credit risk, and liquidity risk. Additionally, the ETF's focus on investment-grade fixed income securities could result in lower returns compared to higher-yielding fixed income securities. However, the ETF's exposure to investment-grade fixed income securities could provide investors with a way to reduce the impact of market volatility on their investment portfolio. Investors should conduct their own research and analysis before investing in any ETF.
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