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 Y HDGYX
NAV / 1-Day Return
32.84
/
1.83
%
Total Assets
13.0 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.
0.690%
Expense Ratio
0.690%
Fee Level
Average
Longest Manager Tenure
11.31
years
Category
Large Value
Investment Style
Large ValueMin. Initial Investment
250,000
Status
Open
TTM Yield
1.31%
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 HDGYX 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 HDGYX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the HDGYX 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 HDGYX’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.
