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Hartford Floating Rate A HFLAX

Analyst rating as of
NAV / 1-Day Return
8.41  /  0.13 %
Total Assets
2.2 Bil
Adj. Expense Ratio
1.020%
Expense Ratio
1.020%
Fee Level
Average
Longest Manager Tenure
4.31 years
Category
Bank Loan
Credit Quality / Interest Rate Sensitivity
Low / Limited
Min. Initial Investment
2,000
Status
Open
TTM Yield
3.00%
Effective Duration
0.32 years
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Morningstar’s Analysis

Will HFLAX outperform in future?

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

Improving.

Summary

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Veteran manager Mike Bacevich retired at the end of June 2019, leaving behind a solid team of managers and analysts. As new lead manager David Marshak puts his mark on this strategy, a wait-and-see approach is warranted. Hartford Floating Rate earns a Morningstar Analyst Rating of Neutral across share classes, except for its most expensive, which earns a Negative.

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