This fund's all-weather process remains intact, but team changes and the need for new lead manager Matthew Baker to build his own record drop the Morningstar Analyst Rating of its cheapest share classes to Bronze from Silver, while the rest are rated Neutral.
Hartford Dividend and Growth R3 HDGRX
NAV / 1-Day Return
34.67
/
0.23
%
Total Assets
15.6 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.
1.360%
Expense Ratio
1.360%
Fee Level
Above Average
Longest Manager Tenure
11.88
years
Category
Large Value
Investment Style
Large ValueMin. Initial Investment
0
Status
Open
TTM Yield
0.55%
Turnover
18%
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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.
Team changes pose a challenge but the process here is sound.
