ETF Evaluator:
Hartford Strategic Income ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Multisector Bond Over the Last Year
| 7.3% | Eaton Vance Income Opportunities ETF (XAGG) |
| 7.1% | Bluemonte Diversified Income ETF (BLUI) |
| 7.0% | Rareview Dynamic Fixed Income ETF (RDFI) |
| 6.3% | FolioBeyond Enhanced Fixed Inc Prm ETF (FIXP) |
| 5.6% | Neuberger Flexible Credit Income ETF (NBFC) |
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ETF Details
Hartford Strategic Income ETF Overview
Hartford Strategic Income ETF (HFSI) is an actively managed Taxable Bond Multisector Bond exchange-traded fund (ETF). Hartford Mutual Funds launched the ETF in 2021.
The investment seeks to provide current income and long-term total return.
The fund seeks to achieve its investment objective by investing 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. The fund normally invests in non-investment grade debt securities (also known as “junk bonds”) and investment grade securities.
About Hartford Strategic Income ETF (HFSI)
There are 2 members of the management team with an average tenure of 4.86 years: Campe Goodman (2021) and Rob Burn (2021). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: Bloomberg US Agg Bond TR USD index with a weighting of 100%. Hartford Strategic Income ETF has 1099 securities in its portfolio. The top 10 holdings constitute 33.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Hartford Strategic Income ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. Hartford Strategic Income ETF has 14.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.1% There is 0.0% allocated to foreign stock, and 0.9% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 90.5% (76.4% domestic bond, 14.1% foreign bond and 3.0% convertible bond). Hartford Strategic Income ETF has 5.5% of the portfolio in cash.
Assets Under Management
The fund has $1 billion in total assets, which is below the $1 billion average for the Multisector Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
HFSI Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Hartford Strategic Income ETF expense ratio is average compared to funds in the Multisector Bond category. Hartford Strategic Income ETF has an expense ratio of 0.49%, which is 25% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Hartford Strategic Income ETF has a portfolio turnover rate of 136%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 163% for the Multisector Bond category.
Recently, in the month of July 2026, Hartford Strategic Income ETF returned -0.9%, which earned it a grade of D, as the Multisector Bond category had an average return of -0.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Hartford Strategic Income ETF has a trailing yield of 5.63%, which is equal to the 5.63% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Hartford Strategic Income ETF Grades
Year to date, the ETF has returned 0.8%, 0.5 percentage points worse than the category, which translates into a grade of D. The fund has returned 5.1% over the past year (grade of B) and 7.8% over the past three years (grade of A).
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HFSI Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| HFSI Return (NAV) | -0.9% | 0.3% | 5.1% | 7.8% | na | na |
| HFSI Return (Price) | -0.9% | 0.2% | 5.0% | 7.7% | na | na |
| NAV +/- Price Return | -0.014% | 0.031% | 0.072% | 0.130% | na | na |
| Multisector Bond Avg | -0.5% | 0.3% | 4.5% | 6.2% | 1.8% | 3.1% |
| HFSI Grade (NAV) | D | C | B | A | na | na |
| +/- Category (NAV) | -0.3% | 0.0% | 0.5% | 1.6% | na | na |
| HFSI Tax-Cost Ratio | na | na | 2.2% | 2.5% | na | na |
HFSI Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| HFSI Return (NAV) | 0.8% | 9.6% | 8.0% | 9.7% | -12.4% | na | na | na | na | na | na |
| HFSI Return (Price) | 0.8% | 9.6% | 7.9% | 9.9% | -12.6% | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.046% | -0.006% | -0.017% | 0.019% | 0.020% | na | na | na | na | na | na |
| Multisector Bond Avg | 1.3% | 7.6% | 5.5% | 8.2% | -10.8% | 3.0% | 4.7% | 10.6% | -1.8% | 5.9% | 7.4% |
| HFSI Grade (NAV) | D | A | A | A | F | na | na | na | na | na | na |
| +/- Category | -0.5% | 2.0% | 2.6% | 1.5% | -1.5% | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 0.87 |
| R-Squared: | 86% |
| Standard Deviation: | 5.3% |
| Category Risk Index: | 1.12 |
| Category Risk Rating: | High |
| Total Risk Index: | 0.43 |
| Total Risk Rating: | Low |
| Portfolio Characteristics | |
| Yield: | 5.6% |
| Total Assets: | $ 1,072 Mil |
| Share Class Assets: | $ 1,072 Mil |
| Turnover: | 136.0% |
| Expense Ratio: | 0.49% |
| Index Fund: | No |
| Index Tracked: | Bloomberg US Agg Bond TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 4.9 years | |||
| Average Tenure: 4.9 years | |||
| Managers (Year): Goodman Campe (2021), Burn Rob (2021) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 1099 |
| % in Top 10 Holdings: | 33.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 14.1% |
Portfolio Allocation |
|
| Domestic Stock: | 0.1% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.9% |
| Domestic Bond: | 76.4% |
| Foreign Bond: | 14.1% |
| Convertible Bond: | 3.0% |
| Other: | 0.0% |
| Cash: | 5.5% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Hartford Mutual Funds |
| Phone Number: | 800-456-7526 |
| Website: | https://www.hartfordfunds.com/home.html |
| Inception Date: | September 21, 2021 |
Expenses and Fees
| Expense Ratio (%): | 0.49% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.65% |
