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.
Will HFLSX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HFLSX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the HFLSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of HFLSX’s parent organization’s priorities and whether they’re in line with investors’ interests.