Hartford Converts Credit Mutual Fund Into New ETF

Hartford Funds plans to convert the Hartford Hybrid and Credit Opportunities Fund, formerly the Hartford Low Duration High Income Fund, into the newly created Hartford Hybrid and Credit Opportunities ETF. The conversion is expected after trading closes November 13, 2026, with the ETF scheduled to begin Nasdaq trading November 16. The ETF will retain the mutual fund’s investment objective, strategy, Wellington Management sub-adviser and portfolio manager, while offering lower expected expenses, intraday trading and daily holdings transparency. The transaction is intended to qualify as a tax-free reorganization, though investors unable to receive ETF shares may be cashed out and face tax consequences. No shareholder vote is required.