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Morningstar

Hartford Floating Rate I HFLIX

Morningstar Medalist Rating
Medalist Rating as of | See Hartford Funds Investment Hub
  • NAV / 1-Day Return 7.79  /  +0.01 %
  • Total Assets 1.3 Bil
  • Adj. Expense Ratio
    0.780%
  • Expense Ratio 0.780%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 8.70%
  • Effective Duration 0.18 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:13 PM GMT+0

Morningstar’s Analysis HFLIX

Will HFLIX 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 HFLIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HFLIX 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 HFLIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Unconvincing.

Senior Analyst Mike Mulach

Mike Mulach

Senior Analyst

Summary

Hartford Floating Rate's team has made mixed calls, and its approach to liquidity has not helped it stand out.

by Mike Mulach
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings HFLIX

More HFLIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Ddz014e63 Trs Usd R F .00000 Ibxxlltr 20240320

3.52 47.0 Mil
—

Usd

3.18 42.5 Mil
Cash and Equivalents

SPDR Blackstone Senior Loan ETF

2.76 36.9 Mil
—

Ddz017fl2 Trs Usd R F .00000 Ddz017fl2 Trs Ibox Fix

1.90 25.4 Mil
—

Eur

1.90 25.4 Mil
Cash and Equivalents

Ddz017go5 Trs Usd R F .00000 Ddz017go5 Trs Ibox Fix

1.63 21.8 Mil
—

ACRISURE, LLC 2020 TERM LOAN B

1.45 19.4 Mil
Corporate

UFC HOLDINGS LLC 2021 TERM LOAN B

1.40 18.6 Mil
Corporate

HUB INTERNATIONAL LIMITED 2024 TERM LOAN B

1.25 16.7 Mil
Corporate

MCAFEE LLC 2022 USD TERM LOAN B

1.23 16.5 Mil
Corporate