Hartford AAA CLO ETF
$39.03+0.01 (+0.02%)
- Expense ratio
- 0.24%
- Fund size
- $131M
- 1Y return
- +5.0%
- Yield · Last 12 months
- 4.99%
- Holdings
- 142
- Volume · 30D
- 0M sh
- NAV per share
- $38.98
- 52W range
The ETF.net TRPA Grade
Score 56 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 61Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 45Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 53Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 61Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 66Category rank
Our read on TRPA
BFloating-rate AAA CLO paper, actively picked instead of indexed: capital preservation plus monthly income from the senior slice of the loan-securitization stack. The quieter, smaller name in an aisle that filled up fast.
The Fund seeks capital preservation and current income by investing primarily in high-quality, floating-rate collateralized loan obligations. It is actively managed and does not seek to track a specified index.
Why people hold it
- The mandate is plain English: capital preservation and current income from high-quality floating-rate CLOs, with a manager choosing the paper rather than a rulebook.
- Coupons float, resetting with short-term rates instead of locking in for years, which keeps interest-rate sensitivity low by design.
- Pays monthly, and the 0.24% fee sits right around the middle of the AAA CLO group.
- Lands in the upper half of its AAA CLO peer group, with the portfolio itself the sturdiest part of the profile.
Worth knowing
- That 0.24% is a shade above the category's biggest names: JAAA, CLOA, FAAA and ACLO charge 0.20%, PAAA 0.19%.
- It trades thinly next to the category's giants, so wider spreads and limit orders come with the territory.
- AAA is the senior slice of a CLO, not a government guarantee. The collateral underneath is leveraged corporate loans.
TRPA Holdings
- Bonds
- 142
- 19%
- US DOLLAR
Geography
- United States100.00%
TRPA Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | TRPA |
|---|---|
| Year to date | +3.5% |
| 1 month | +0.5% |
| 3 months | +1.2% |
| 1 year | +5.0% |
| 3 years | +6.4% |
| 5 years | +3.6% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | TRPA |
|---|---|---|
| 2026 YTD | +3.5% | |
| 2025 | +5.5% | |
| 2024 | +6.4% | |
| 2023 | +7.5% | |
| 2022 | −4.4% | |
| 2021 | +0.6% | |
| 2020 | +3.8% |
TRPA in the news
ETF.net Research hasn’t filed on TRPA yet — coverage lands here as it’s written.
TRPA Dividends
- 4.99%
- $1.95
- $0.15 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 28, 2026 | Sep 1, 2026 | $0.15 |
| Jul 30, 2026 | Aug 3, 2026 | $0.15 |
| Jun 29, 2026 | Jul 1, 2026 | $0.16 |
| May 28, 2026 | Jun 1, 2026 | $0.15 |
| Apr 29, 2026 | May 1, 2026 | $0.15 |
| Mar 30, 2026 | Apr 1, 2026 | $0.16 |
| Feb 27, 2026 | Mar 3, 2026 | $0.15 |
| Jan 30, 2026 | Feb 3, 2026 | $0.16 |
| Dec 30, 2025 | Jan 2, 2026 | $0.19 |
| Nov 26, 2025 | Dec 1, 2025 | $0.15 |
| Oct 30, 2025 | Nov 3, 2025 | $0.18 |
| Sep 29, 2025 | Oct 1, 2025 | $0.19 |
TRPA Risk
- 1.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.25
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −6.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TRPA Cost
- The middle half of Collateralized Loan Obligations (CLO) funds
- Median 0.29%
13 of the 34 Collateralized Loan Obligations (CLO) funds charge less.