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HTRB saw a total return last year of 7.15%, and ranked in the 23rd percentile among its peers, according to Morningstar. The portfolio has 51% of its assets in mortgage-backed securities and 25% in investment-grade credit, according to the fund's website. Compared to many of its peers in the intermediate core plus bond Morningstar category, Hartford Total Return Bond ETF leans a bit more on securitized markets instead of investment-grade corporate debt, according to Morningstar. Finding opportunities Right now, one of the areas Goodman sees value in is agency mortgage-backed securities. Goodman also likes structured finance right now, like collateralized loan obligations, commercial mortgage-backed securities and nonagency residential mortgage-backed securities.
Persons: Campe Goodman, Morningstar, Goodman, HTRB, Morningstar . Goodman, Mike Mulach, Bonds, Fitch Organizations: Hartford, SEC, Wellington, Bloomberg U.S, Morningstar, BB, Poor's, Federal Reserve Locations: Wellington, Eastern Europe
Ken Griffin's $61 billion Citadel is leading multistrat funds in performance this year. The firm's flagship fund returned 2% in April, bringing 2024 gains to 7.8%. Firms such as Walleye, Millennium, and Schonfeld are also off to a strong start this year. Despite equity markets tumbling in April, Ken Griffin's teams of stockpickers helped lead his firm to a 2% return in its $61 billion flagship fund. A person close to Griffin's Citadel told Business Insider that Wellington's year-to-date returns rose to 7.8% following April's gains.
Persons: Ken Griffin's, stockpickers Organizations: Citadel, Walleye, Griffin's Citadel, Business Locations: Miami
Universal Music Group logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File photoAug 11 (Reuters) - Universal Music Group (UMG.AS), Sony Music Entertainment (6758.T) and other record labels on Friday sued the nonprofit Internet Archive for copyright infringement over its streaming collection of digitized music from vintage records. Representatives for the Internet Archive did not immediately respond to a request for comment on the complaint. The San Francisco-based Internet Archive digitally archives websites, books, audio recordings and other materials. The Internet Archive is already facing another federal lawsuit in Manhattan from leading book publishers who said its digital-book lending program launched in the pandemic violates their copyrights.
Persons: Dado Ruvic, Frank Sinatra, Ella Fitzgerald, Miles Davis, Billie Holiday, Bing Crosby's, Chuck Berry's, Ellington's, Blake Brittain, David Bario, Diane Craft Organizations: Universal, REUTERS, Universal Music, Sony Music Entertainment, Thomson Locations: Manhattan, San Francisco, Washington
Feb 28 (Reuters) - New Zealand pulled off a remarkable one-run win over England on Tuesday as lionhearted paceman Neil Wagner's heroics saw the hosts become just the fourth side in test history to win a match after being asked to follow on. Wagner took four wickets and two crucial catches at Wellington's Basin Reserve, where the hosts recorded only the second one-run victory in test cricket following West Indies' famous 1993 win in Adelaide. Enter Wagner, who had bled more than eight runs an over in the third innings when England romped to a 267-run win in the series-opener at Mount Maunganui. "It's a special one this and we'll celebrate it well," said Wagner, who finished with 4-62 in the fourth innings. Over the home summer, England chased down fourth-innings targets above 250 in three successive tests to whitewash New Zealand.
Share this -Link copiedThe full order of service for the funeral at Westminster Abbey The funeral service for Queen Elizabeth II is underway at Westminster Abbey. Police officers patrol outside Westminster Abbey in London on Monday, ahead of the state funeral service for Queen Elizabeth II. The coffin of Queen Elizabeth II leaves Westminster Hall for her funeral service in Westminster Abbey. Around 2,300 police officers will line the route from Westminster Abbey to Windsor Castle and 1,000 police officers will line the route from Westminster Abbey to Wellington Arch. Share this -Link copiedBuckingham Palace releases previously unseen portrait of queen Queen Elizabeth II, photographed at Windsor Castle in May 2022.
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