Talcott Resolution Life Insurance Co Separate Account 11 has filed a new prospectus supplement detailing the conversion of The Hartford High Yield Fund into an exchange-traded fund. This update is significant as it reflects the company's efforts to adapt to changing market conditions and investor preferences.

The Hartford High Yield Fund is undergoing a transformation that was approved by the Board of Directors of The Hartford Mutual Funds, Inc. at a meeting held on May 19-20, 2026. The conversion is part of an Agreement and Plan of Reorganization and Liquidation.

The filing states, "If you were invested in the Fund and did not transfer your account value out of the Fund, your shares were sold on October 15, 2026, at that day’s price." Investors who remained in the fund were transitioned to the American Century Investments U.S. Government Money Market Fund on their behalf. They can transfer out of this new fund without penalty within 30 days of the final notice.

This change is likely to affect current investors in The Hartford High Yield Fund, as they will need to adjust to the new investment structure. The move also highlights a broader trend in the investment industry where firms are increasingly converting traditional funds into exchange-traded funds to meet evolving investor needs.

Details were not available in the SEC filing regarding the next steps following this transition.