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