Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers. The strategy changed its peer group last February, moving from the Bank Loan category to the High Yield Bond Morningstar Category.
Hartford Low Duration High Inc A HFHAX
- NAV / 1-Day Return 8.89 / +0.13 %
- Total Assets 154.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.010%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 2,000
- Status Open
- TTM Yield 8.10%
- Effective Duration 1.43 years
USD | NAV as of Apr 29, 2024 | 1-Day Return as of Apr 29, 2024, 10:15 PM GMT+0
Morningstar’s Analysis HFHAX
Will HFHAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 40.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
2 Year Treasury Note Future June 24 | 38.30 | 93.0 Mil | Government |
Usd | 11.93 | 29.0 Mil | Cash and Equivalents |
Ddz017fl2 Trs Usd R F .00000 Ddz017fl2 Trs Ibox Fix | 2.18 | 5.3 Mil | — |
Ddz017go5 Trs Usd R F .00000 Ddz017go5 Trs Ibox Fix | 1.87 | 4.6 Mil | — |
Freddie Mac Stacr Remic Trust 10.97039% | 1.34 | 3.3 Mil | Securitized |
Freddie Mac Stacr Remic Trust 8.97039% | 1.29 | 3.1 Mil | Securitized |
Freddie Mac Stacr Remic Trust 8.72039% | 1.28 | 3.1 Mil | Securitized |
CONNECTICUT AVENUE SECURITIES TRUST 2022-R02 8.32039% | 1.27 | 3.1 Mil | Securitized |
Freddie Mac Stacr Remic Trust 13.47039% | 1.19 | 2.9 Mil | Securitized |
Freddie Mac Stacr Remic Trust 13.12039% | 1.12 | 2.7 Mil | Securitized |