Hartford to Convert Hybrid and Credit Fund Into ETF in November

Hartford Funds plans to convert the Hartford Hybrid and Credit Opportunities Fund, formerly the Hartford Low Duration High Income Fund, into the Hartford Hybrid and Credit Opportunities ETF. The mutual fund-to-ETF conversion is expected to close on Nov. 13, 2026, with shareholders receiving ETF shares of equivalent value. Hartford said the move is intended to deliver lower net expenses, greater trading flexibility, increased portfolio transparency, and potential tax-efficiency benefits. The ETF will retain the same investment objective, strategy, portfolio manager, and sub-adviser, Wellington Management. The reorganization is structured as a tax-free transaction for U.S. federal income tax purposes, subject to certain exceptions.