Hartford launches ESG-focused fixed-income exchange-traded fund

By Marisa Wong

Los Angeles, Sept. 22 – Hartford Funds announced on Wednesday the launch of an actively managed ESG-focused fixed-income exchange-traded fund, Hartford Sustainable Income ETF (CBOE: HSUN), which will be sub-advised by Wellington Management Co. LLP.

The ETF seeks to provide current income and long-term total return, within a sustainability framework.

HSUN will invest across an array of fixed-income sectors including high yield, investment grade, bank loans and emerging markets debt.

The ETF will track its performance against the Bloomberg U.S. Aggregate Bond index.

HSUN will be managed by the same portfolio management team that currently manages the Hartford Strategic Income Fund. Campe Goodman, Joseph F. Marvan and Robert Burn are the new ETF’s portfolio managers.

Wellington will use its internally developed sustainability framework to identify issuers it believes have demonstrated a commitment to sustainable practices. These issuers include those that Wellington believes can have a positive social or environmental impact, are leaders or are demonstrating improvement in ESG characteristics based on proprietary insights or those that Wellington engages with on ESG characteristics to improve ESG disclosure and best practices.

The ETF is listed on Cboe BZX Exchange, Inc.

Hartford is an asset manager based in Wayne, Pa.

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