Hartford Files for Actively Managed Hybrid Capital Income ETF

The Hartford Hybrid and Credit Opportunities ETF (HCOP) will primarily invest in hybrid capital securities and other global credit instruments to generate total return and current income. Managed by Wellington Management, the fund will invest across preferred securities, contingent convertible bonds (CoCos), corporate bonds, bank loans, subordinated debt, and other investment-grade and high-yield credit. The strategy will actively shift allocations across the corporate capital structure and may use derivatives to manage risk and efficiently gain market exposure.