(HSRT) Hartford Short Duration - Ratings and Ratios

The Hartford Short Duration ETF (BATS:HSRT) is an ultrashort bond ETF primarily focused on collateralized loan obligations (CLOs). It allocates at least 80% of its net assets to AAA-rated CLOs, which are senior secured loans to corporations. The fund may also invest up to 20% of its net assets in AA-rated or A-rated CLOs, provided these securities have a minimum rating of A- at the time of purchase. This strategy allows the fund to maintain a higher credit quality portfolio while seeking to optimize yields.

The ETF may also hold U.S. Treasury bills, notes, and bonds, as well as debt securities issued by U.S. government agencies and instrumentalities. This provides liquidity and further reduces credit risk. The funds short-duration approach is designed to mitigate interest rate sensitivity, making it suitable for investors seeking stability in rising rate environments. The ETF is listed on the BATS exchange under the ticker symbol HSRT.

Based on the provided data, here is a 3-month forecast:

Over the next three months, HSRT is expected to maintain its price stability, with a potential range of $38.80 to $39.20, supported by its low ATR of 0.10. The SMA 20 and SMA 50 indicate a slight upward trend, while the SMA 200 suggests longer-term stability.

The funds AUM of $103.15M reflects moderate scale, which is sufficient to maintain liquidity without excessive concentration risk. The focus on high-quality CLOs and U.S. government securities positions the ETF to perform well in a rising interest rate environment.