Skip to Content
Morningstar

Hartford Floating Rate Y HFLYX

Morningstar Medalist Rating
Medalist Rating as of | See Hartford Funds Investment Hub
  • NAV / 1-Day Return 7.78  /  0.11 %
  • Total Assets 1.3 Bil
  • Adj. Expense Ratio
    0.770%
  • Expense Ratio 0.770%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 250,000
  • Status Open
  • TTM Yield 7.50%
  • Effective Duration 0.07 years

USD | NAV as of Sep 28, 2023 | 1-Day Return as of Sep 28, 2023, 10:21 PM GMT+0

Morningstar’s Analysis HFLYX

Will HFLYX 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 HFLYX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the HFLYX 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 HFLYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Unconvincing.

Senior Analyst Mike Mulach

Mike Mulach

Senior Analyst

Summary

Hartford Floating Rate's team has made mixed calls, and its approach to liquidity has not helped it stand out.

by Mike Mulach
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings HFLYX

More HFLYX Holdings
  • Current Portfolio Date
  • Equity Holdings 5
  • Bond Holdings 252
  • Other Holdings 23
  • % Assets in Top 10 Holdings 8.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock Liquidity FedFund Instl

4.58
60,726,142
Cash and Equivalents

SPDR Blackstone Senior Loan ETF

2.79
36,947,664
—

Ddz00tqx7 Trs Usd R F .00000 Ddz00tqx7 Ibox Fix

2.02
26,802,589
—

Ddz008pn6 Trs Usd R F .00000 Ddz008pn6 Ibox Fix

1.87
24,785,537
—

Ddz00dja0 Trs Usd R F .00000 Ddz00dja0 Ibox Fix

1.86
24,591,155
—

ACRISURE, LLC 2020 TERM LOAN B

1.69
22,380,371
Corporate

1011778 BC UNLIMITED LBLTY CO TERM LOAN B4

1.61
21,366,646
Corporate

SEDGWICK CLAIMS MGMT SRVCS INC 2023 TERM LOAN B

1.47
19,415,815
Corporate

MCAFEE LLC 2022 USD TERM LOAN B

1.42
18,840,580
Corporate

Invesco Senior Loan ETF

1.42
18,797,517
—