Liquidation: Hartford Funds Exchange-Traded Trust
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.
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