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TRPA

39.020000 USD
0.14
0.36%
Last update Jul 11, 3:55 PM EDT
Market closed
Day range
38.87000
39.099998
Previous close
39.16000
Open
39.099998
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Hartford AAA CLO ETF
39.02
0.14
0.36%

Overview

Description

The Hartford AAA CLO ETF is a unique financial instrument designed to provide investors exposure to a diversified portfolio of AAA-rated collateralized loan obligations (CLOs). As an exchange-traded fund, it allows for intraday trading flexibility coupled with the goal of high credit quality through its focus on the highest-rated segments of CLO tranches. These CLOs are backed by pools of loans to businesses, typically syndicated loans, which are then tranched into securities with differing levels of risk and return. The primary function of this ETF is to offer a more accessible route to investment in the fixed-income market by targeting institutional-grade credit instruments that typically display lower default risk. This fund predominantly influences the fixed income and credit sectors, appealing to investors seeking potential income generation while maintaining a relatively conservative risk profile. In the broader financial market, the Hartford AAA CLO ETF plays a significant role by democratizing access to high-quality credit investments, a sector previously limited to institutional investors and large funds, thereby broadening capital flow and enhancing market liquidity.

About

Address
Phone
Website
Instrument type
ETF
Country
United States
MIC code
BATS
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 20 hours 16 minutes

07:43
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).