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Morningstar

Hartford Low Duration High Inc R3 HFHRX

Morningstar Medalist Rating
Medalist Rating as of | See Hartford Funds Investment Hub
  • NAV / 1-Day Return 8.93  /  +0.13 %
  • Total Assets 154.8 Mil
  • Adj. Expense Ratio
    1.330%
  • Expense Ratio 1.330%
  • Distribution Fee Level High
  • Share Class Type Retirement, Medium
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 7.55%
  • Effective Duration 0.22 years

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:17 PM GMT+0

Morningstar’s Analysis HFHRX

Will HFHRX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HFHRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HFHRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of HFHRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Hartford Low Duration High Inc R3's Average People Pillar and Process Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers. The strategy changed its peer group last February, moving from the Bank Loan category to the High Yield Bond Morningstar Category.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings HFHRX

More HFHRX Holdings
  • 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