Rethinking Covered Calls: What Active Stock Selection Can Add to Equity Income – Hartford Funds – 8.13.26

Hartford Funds - Upcoming - Rethinking Covered Calls What Active Stock Selection Can Add to Equity Income

Overview:
Title: Rethinking Covered Calls: What Active Stock Selection Can Add to Equity Income
Date: Thursday, August 13, 2026
Time: 1:00 PM Eastern Daylight Time

Register Now:
Already Registered?
*I am a financial professional. I understand that this event is for financial professionals only, and I may be contacted by the sponsor.

Summary:

Some covered-call strategies pursue income by leaning defensive or by following a rules-based options process on an index; both approaches tend to give up meaningful upside.

The Hartford Equity Premium Income ETF (HEMI) takes a different path: It pairs an actively managed, growth-oriented equity portfolio with an actively managed options overlay.

Join us for a discussion with Wellington Management’s Director of Global Derivatives Gordy Lawrence and Investment Director Gavin Rice as they discuss:

  • How pairing active stock selection with an active call-writing process aims to capture more equity upside than index-based covered-call strategies
  • What writing listed and FLEX options, rather than relying on equity-linked notes, means for transparency and the tax character of income
  • Where an actively managed equity-income strategy fits alongside traditional equity and fixed-income allocations

Speakers:
Gavin Rice, CFA Gavin Rice, CFA Assistant Vice President and Investment Specialist Wellington Management

Gavin is an Investment Specialist within Hedge Fund Investor Relations. Investor Relations is responsible for the product management, risk oversight, distribution and client servicing of certain Wellington-managed fund vehicles that pursue alternative investment strategies. In his role, he concentrates on a variety of long/short equity strategies,where he supports a range of investment- and business-related activities including representing portfolio manager externally to clients. He works in the firm’s London office.

Prior to joining Wellington Management in 2023, Gavin spent eight years at Aberdeen (2015 – 2023) in Edinburgh and London. While at the firm he held a number of roles, including investment specialist and product strategist, focused primarily on liquid alternatives and custom-solutions.

Gavin earned his Bachelor of Arts (BA) in Economics from Durham University (2015). Additionally, he holds the Chartered Financial Analyst designation and is a member of the CFA Institute.
Gordon R. Lawrence, CFA Gordon R. Lawrence, CFA Senior Managing Director, Partner, and Director, Global Derivatives Wellington Management

As director of the Global Derivatives Group, Gordy leads a team of strategists that work with a wide range of equity, fixed income, and asset allocation portfolio managers. He identifies opportunities for managers to use derivatives as a means of expressing portfolio views, managing risks, and reducing transaction costs across equity, credit, commodity, and currency markets. He also manages and assists in the management of derivatives overlay portfolios, focusing on both hedging and return generation.

Prior to joining Wellington Management in 2006, Gordy worked as a senior derivatives analyst at Putnam Investments (1999 – 2006). Before that, he worked as an associate in the Fixed Income Derivatives and Debt Capital Markets Groups at Lehman Brothers (1993 – 1997).

Gordy earned his MBA with high honors from the University of Chicago (1999) and his BA, cum laude, from Williams College (1992). Additionally, he holds the Chartered Financial Analyst designation and is a member of the CFA Institute and CFA Society Boston.

Important Risks: The Fund is new and has a limited operating history. Security prices of the Fund's underlying holdings will fluctuate in value depending on general market and economic conditions and the prospects of individual companies. The market price of the Fund's shares will fluctuate in response to changes in the Fund's net asset value, intraday value of the Fund's holdings, and the supply and demand for shares on the exchange. • The Fund is actively managed and does not seek to replicate the performance of a specified index. • The Fund sells (writes) options contracts on an underlying ETF and/or underlying index and is subject to the risks associated with writing (selling) call options, which include the risk that the Fund may be required to sell an underlying security at a disadvantageous price or below the market price of such underlying security, at the time the option is exercised. During the life of a written call option, the Fund forgoes the opportunity to participate in increases in the market value of the underlying security or instrument covering the option above the sum of the premium and the exercise price, potentially causing underperformance in rising markets, but retains the risk of loss should the price of the underlying security or instrument decline. The use of call options could increase the volatility of the Fund's returns and may increase the risk of loss to the Fund. These types of transactions generally result in certain tax consequences to the Fund, including a return of capital to shareholders. • The Fund may trade FLEX options, which are subject to additional risks including the risk that the value of the FLEX options may not correlate to the NAV of the option's underlying ETF and/or an underlying index and such options may expire with little or no value. In addition, the Fund may suffer significant losses if the Options Clearing Corporation on which the FLEX options trades are settled is unable or unwilling to perform its obligations. • Derivatives are generally more volatile and sensitive to changes in market or economic conditions than other securities; their risks include currency, leverage, liquidity, index, pricing, valuation, and counterparty risk. • The securities of large market capitalization companies may underperform other segments of the market. • Because the Fund is non-diversified, it may invest in a smaller number of issuers, and may be more exposed to risks and volatility than a more broadly diversified fund. • The Fund may effect creations and redemptions partly or wholly for cash, rather than in-kind, which may make the Fund less tax-efficient and incur more fees than an ETF that primarily or wholly effects creations and redemptions in-kind.

Investors should carefully consider a fund's investment objectives, risks, charges and expenses. This and other important information is contained in the fund's prospectus and summary prospectus, which can be obtained by visiting hartfordfunds.com. Please read it carefully before investing.

ETFs are distributed by ALPS Distributors, Inc. (ALPS). Advisory services are provided by Hartford Funds Management Company, LLC (HFMC). Certain funds are sub-advised by Wellington Management Company LLP. HFMC and Wellington Management are SEC registered investment advisers. Hartford Funds refers to Hartford Funds Distributors, LLC, Member FINRA, and HFMC, which are not affiliated with any sub-adviser or ALPS.

This material should not be considered tax or legal advice and is not to be relied on as a forecast. The material is also not a recommendation or advice regarding any particular security, strategy or product. Hartford Funds does not represent that any products or strategies discussed are appropriate for any particular investor so investors should seek their own professional advice before investing. Hartford Funds does not serve as a fiduciary. Content is current as of the publication date or date indicated, and may be superseded by subsequent market and economic conditions.