Hartford AAA CLO ETF
$39.11+0.06 (+0.15%)
- 0.24%
- $156M
- +5.5%
- 4.85%
- 0M sh
- $38.93
- low $38.44high $39.27
The ETF.net TRPA Grade
B
Score 58 out of 100
- 10 of 34
Score 58 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B61 out of 100Rank 14 of 34Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C47 out of 100Rank 19 of 33Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C51 out of 100Rank 15 of 34Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A79 out of 100Rank 7 of 34Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B65 out of 100Rank 12 of 34
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
- 186
- 12%
- Ares Clo Ltd Ares 2013 2A AR3 144A
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.
Not enough history yet.
TRPA$10,547
Returns run to the Oct 12, 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 | +4.0% |
| 1 month | +0.5% |
| 3 months | +1.7% |
| 1 year | +5.5% |
| 3 years | +6.5% |
| 5 years | +3.7% |
| 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 | +4.0% | |
| 2025 | +5.5% | |
| 2024 | +6.4% | |
| 2023 | +7.5% | |
| 2022 | −4.4% | |
| 2021 | +0.6% | |
| 2020 | +3.8% |
TRPA in the news
TRPA Dividends
- 4.85%
- $1.90
- $0.14 per share
- Monthly
Distribution history
TRPA Risk
- 1.2%
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.
- 1.45
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.
- 0.09
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
0.24%
TRPA0.24%
- The middle half of Collateralized Loan Obligations (CLO) funds
- Median 0.29%
13 of the 34 Collateralized Loan Obligations (CLO) funds charge less.
Other funds in Collateralized Loan Obligations (CLO)
- BCLOONYLI Investment Grade CLO ETFExpense ratio 0.25%1 year return —
- BPSQAPalmer Square CLO Senior Debt ETFExpense ratio 0.21%1 year return +5.4%
- BAAAAlternative Access First Priority CLO Bond ETFExpense ratio 0.19%1 year return +4.3%
- CUUPPPrincipal Exchange-Traded Funds - Principal CLO ETFExpense ratio 0.19%1 year return —
- CASECAmerican Century Securitized Credit ETFExpense ratio 0.29%1 year return —