Liquidation: Hartford Funds Exchange-Traded Trust

Add to your watchlist
Back to List of Bankruptcies and Liquidations

Form Type: 497

Filing Date: 2025-05-14

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525119422

Filing Summary: The Board of Trustees of Hartford Funds Exchange-Traded Trust has approved a plan of liquidation for Hartford Schroders Commodity Strategy ETF (HCOM), with an expected liquidation date of June 30, 2025. After June 23, 2025, the Fund will halt trading on NYSE Arca and will not accept orders for the purchase of Creation Units. Shares will be automatically redeemed at the net asset value on the Liquidation Date without customary redemption fees. Shareholders may sell their shares until June 23, 2025, incurring transaction fees. Tax implications are noted for shareholders holding shares in taxable accounts, where the liquidation could be treated as a sale. The Fund must distribute any realized capital gains and net investment income before liquidation, and the investment manager intends to distribute most of the net investment income at that time.

Additional details:

Liquidation Date: 2025-06-30


Last Trading Day: 2025-06-23


Redemption Fee: none


Trading Stop Date: 2025-06-23


Net Investment Income Distribution: before liquidation


Tax Implications: shareholders should consult tax advisers


Form Type: 497K

Filing Date: 2025-05-14

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525119427

Filing Summary: The Board of Trustees of Hartford Funds Exchange-Traded Trust has approved a plan of liquidation for Hartford Schroders Commodity Strategy ETF, which will occur on or about June 30, 2025. As of the close of business on June 23, 2025, the Fund will no longer accept orders for the purchase of Creation Units, and trading on NYSE Arca will be expected to halt after that date. Any outstanding shares on the Liquidation Date will be automatically redeemed without customary transaction fees, and distributions will be made to shareholders as soon as practicable after liquidation. Shareholders can sell shares on NYSE Arca until the market close on June 23, 2025. The automatic redemption will be treated as a sale for tax purposes, and shareholders are advised to consult their tax advisers.

Additional details:

Fund Name: Hartford Schroders Commodity Strategy ETF


Liquidation Date: 2025-06-30


Last Trading Day: 2025-06-23


Tax Consultation Advice: Shareholders should consult their tax advisers regarding the tax treatment of the liquidation.


Comments

No comments yet. Be the first to comment!