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 in 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 / −0.09 %
- Total Assets 154.8 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 Low/Limited
- Min. Initial Investment 2,000
- Status Open
- TTM Yield 8.10%
- Effective Duration 0.22 years
USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 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 6.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Usd | 10.98 | 20.1 Mil | Cash and Equivalents |
Ddz014e63 Trs Usd R F .00000 Ibxxlltr 20240320 | 6.18 | 11.3 Mil | — |
Ddz017fl2 Trs Usd R F .00000 Ddz017fl2 Trs Ibox Fix | 2.86 | 5.2 Mil | — |
Ddz017go5 Trs Usd R F .00000 Ddz017go5 Trs Ibox Fix | 2.45 | 4.5 Mil | — |
SPDR Blackstone Senior Loan ETF | 2.34 | 4.3 Mil | — |
B9d0wv1o2 Cds Usd R V 03mevent 2 Ccpcdx | 1.46 | 2.7 Mil | Derivative |
CAESARS ENTERTAINMENT CORP TERM LOAN B | 1.45 | 2.7 Mil | Corporate |
HUB INTERNATIONAL LIMITED 2024 TERM LOAN B | 1.43 | 2.6 Mil | Corporate |
Air Canada 2021 Term Loan B | 1.30 | 2.4 Mil | Corporate |
ACRISURE, LLC 2020 TERM LOAN B | 1.24 | 2.3 Mil | Corporate |