Hartford Total Return Bond ETF yields nearly 5% and prides itself on finding value across the market

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Hartford Total Return Bond ETF أخبار

Bond Fund Management,Fixed Income Funds,Interest Rates

HTRB saw a total return last year of 7.15%, and ranked in the 23rd percentile among its peers, according to Morningstar.

Amid a sea of bond funds, Hartford Total Return Bond ETF seeks to stand out by not only focusing on high quality, but looking for the best ideas across all different parts of the fixed-income market, according to its portfolio manager, Campe Goodman. Trading under ticker HTRB, the actively managed exchange-traded fund has a 30-day SEC yield of 4.92% and adjusted expense ratio of 0.29%, according to Morningstar .

Finding opportunities Right now, one of the areas Goodman sees value in is agency mortgage-backed securities. Spreads are wide by historical standards amid continued interest rate volatility, he noted. "We are seeing an enormous amount of volatility, but actually, if we don't see a big trend in rates, then that tends to be very good for the mortgage sector," he said.

 

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Letitia James wants Trump's bond voided, cites bond company's lack of collateralClarissa-Jan Lim is a breaking/trending news blogger for MSNBC Digital. She was previously a senior reporter and editor at BuzzFeed News.
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