Industry description
The investment seeks to provide current income and long-term total return, within a sustainability framework.
The fund invests primarily in domestic and foreign debt securities that the sub-adviser, Wellington Management Company LLP (“Wellington Management”), considers to be attractive from a yield perspective while considering total return and also incorporating a sustainability framework. The fund normally invests in non-investment grade debt securities and highly rated securities. The fund will normally invest at least 80% of its assets in securities of issuers that Wellington Management determines fit into its sustainability framework.
High and low price notable news
The average weekly price growth across all stocks in the Hartford Sustainable Income ETF ETF was 2%. For the same ETF, the average monthly price growth was -0%, and the average quarterly price growth was -4%. APTV experienced the highest price growth at 6%, while BDX experienced the biggest fall at -1%.