Hartford announced in a regulatory filing on March 17, 2020, that comanager Mark Vincent has left Hartford Dividend and Growth and will leave subadvisor Wellington Management at the end of the month. Vincent, who joined Wellington in 2008, had been a comanager on this fund since March 2017. Matthew Baker is still going to succeed retiring lead manager Edward Bousa in July, and comanager Nataliya Kofman remains, so Vincent's departure does not alter the fund's Morningstar Analyst Rating of Silver for its cheapest shares, Bronze for its moderately priced shares, and Neutral for its most expensive share class.
Hartford Dividend and Growth R3 HDGRX
NAV / 1-Day Return
29.72
/
2.06
%
Total Assets
11.3 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.370%
Expense Ratio
1.370%
Fee Level
Above Average
Longest Manager Tenure
11.00
years
Category
Large Value
Investment Style
Large ValueMin. Initial Investment
0
Status
Open
TTM Yield
0.97%
Turnover
28%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will HDGRX 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 HDGRX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the HDGRX 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 HDGRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A Comanager Departs Hartford Dividend and Growth
