HARTFORD AAA CLO ETF (TRPA) Bond Profile
TRPA bond portfolio
Fund statistics as of Oct 23, 2026- Yield to maturity
- 5.27% if bonds are held to maturity
- Effective duration
- 0.02 yrs ≈ 0.0% price change per 1% rate move
- Average maturity
- 6.4 yrs
- Average coupon
- 5.23% interest rate on the bonds
- Average bond price
- 99.20 per 100 of face value
- Current yield
- 5.28% coupon ÷ price
- Net assets
- $165.7M
Interest-rate sensitivity
TRPA has an effective duration of 0.02 years: short-term interest-rate sensitivity. Peer funds are marked below the scale.
Effective duration in years. Short-term funds have a duration under 3 years, long-term funds over 10.
What a rate change would do to TRPA
Estimate for an immediate, parallel move in yields: price change ≈ −duration × rate change; 12-month return adds the 5.27% yield to maturity. Ignores convexity and changes in credit spreads.
Where the TRPA yield comes from
Current yield = average coupon ÷ average price. Pull to par = yield to maturity − current yield. The distribution yield is what was actually paid out over the past 12 months.
TRPA vs other bond ETFs
| ETF | Fund | Duration | Maturity | YTM | Dist. yield | Expense | 1-year return |
|---|---|---|---|---|---|---|---|
| TRPA | HARTFORD AAA CLO ETF | 0.02 | 6.4 | 5.27% | — | — | +5.0% |
| BIL | SPDR Bloomberg 1-3 Month T-Bill ETF | 0.16 | 0.2 | 3.91% | 3.63% | 0.12% | +3.8% |
| SHY | iShares 1-3 Year Treasury Bond ETF | 1.81 | 1.9 | 4.88% | 3.64% | 0.15% | +1.7% |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | 3.26 | 5.6 | 7.97% | 6.09% | 0.48% | +1.1% |
| VGIT | Vanguard Intermediate-Term Treasury ETF | 4.70 | 5.3 | 5.36% | 4.06% | 0.04% | −1.2% |
| GOVT | iShares U.S. Treasury Bond ETF | 5.20 | 7.4 | 4.87% | 3.67% | 0.05% | −1.1% |
| IUSB | iShares Core Total USD Bond Market ETF | 5.36 | 7.9 | 5.58% | 4.44% | 0.05% | −0.9% |
| BND | Vanguard Total Bond Market ETF | 5.54 | 7.9 | 5.72% | 4.17% | 0.03% | −1.1% |
| SCHZ | Schwab U.S. Aggregate Bond ETF | 5.76 | 8.3 | 5.64% | 4.44% | 0.02% | −1.1% |
| AGG | iShares Core U.S. Aggregate Bond ETF | 5.79 | 7.9 | 5.33% | 4.30% | 0.03% | −1.1% |
| VCIT | Vanguard Intermediate-Term Corporate Bond ETF | 5.92 | 7.8 | 6.00% | 5.22% | 0.03% | −1.6% |
| TIP | iShares TIPS Bond ETF | 6.00 | 7.3 | 4.86% | 4.80% | 0.18% | −1.0% |
| IEF | iShares 7-10 Year Treasury Bond ETF | 7.06 | 8.7 | 5.08% | 4.18% | 0.14% | −2.8% |
| MUB | iShares National Muni Bond ETF | 7.29 | 12.1 | 4.56% | 3.26% | 0.04% | −0.7% |
| LQD | iShares iBoxx $ Investment Grade Corporate… | 7.79 | 12.8 | 6.48% | 4.68% | 0.14% | −3.5% |
| TLT | iShares 20+ Year Treasury Bond ETF | 14.12 | 24.8 | 5.65% | 5.00% | 0.14% | −6.7% |
Sorted by duration. Longer duration usually pays a higher yield but swings more with interest rates; corporate and high-yield funds add credit risk.
TRPA asset allocation
- Bonds
- 97.7% long positions
- Cash held
- 0.5%
- Net cash
- 0.5% held minus owed
Long positions can add up to more than 100% when the fund buys bonds for later settlement; the short cash line offsets them.
About the TRPA bond portfolio
HARTFORD AAA CLO ETF holds a portfolio of bonds. They yield 5.27% to maturity, have an average coupon of 5.23% and an average maturity of 6.4 years. With an effective duration of 0.02 years, a one-percentage-point rise in interest rates would lower the fund's price by about 0.0%, and a fall of the same size would raise it by about as much.
Because the bonds trade at an average of 99.20 per 100 of face value, part of the expected return comes from prices drifting back to par as they mature, adding roughly −0.00% a year. The current yield is 5.28%. Over the next 12 months, rates could rise by about 263.68 percentage points before the price drop would cancel out a year of yield. The worst 12-month return in the fund's price history was −6.3%, and the worst calendar year 2022 (−4.4%).
EODHD does not publish the individual bonds held, so this page uses the fund-level statistics; the full list of bonds is on the issuer's website.
Related: TRPA chart, TRPA performance, TRPA dividends, TRPA overview.
TRPA bond profile FAQ
What is the yield to maturity of TRPA?
The bonds in TRPA have an average yield to maturity of 5.27% as of October 23, 2026.
What is the duration of TRPA?
TRPA has an effective duration of 0.02 years and an average maturity of 6.4 years, which makes it a short-term bond fund.
How do interest rates affect TRPA?
With a duration of 0.02 years, TRPA's price falls about 0.0% for every one-percentage-point rise in interest rates and rises about as much when rates fall. Higher rates also raise the yield on new bonds the fund buys.
How much can rates rise before TRPA loses money?
Over 12 months, yields could rise about 263.68 percentage points before the price decline would offset the 5.27% yield, assuming a one-time move (yield to maturity ÷ duration).