TRPA
Hartford AAA CLO ETF
📎 Investment Objective
The Hartford AAA CLO ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg AAA CLO Index.
Overview
ETF tracking Hartford AAA CLO ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Hartford AAA CLO ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg AAA CLO Index.
🎯 Investment Strategy
The ETF invests primarily in collateralized loan obligations (CLOs) that are rated AAA. The fund's portfolio is designed to closely track the composition and performance of the underlying index.
✨ Key Features
- Exposure to the highest-rated segment of the CLO market
- Potential for income generation from CLO investments
- Diversified portfolio of AAA-rated CLO securities
- Passively managed to track the Bloomberg AAA CLO Index
⚠️ Primary Risks
- Credit risk: Exposure to the creditworthiness of the underlying CLO issuers
- Interest rate risk: Sensitivity to changes in interest rates
- Liquidity risk: Potential difficulty in buying or selling CLO securities
- Tracking error risk: Potential for the fund to not perfectly track the underlying index
👤 Best For
This ETF may be suitable for investors seeking exposure to the highest-rated segment of the CLO market as part of a diversified fixed-income portfolio. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with CLO investments.