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Morningstar

Hartford Short Duration I HSDIX

Morningstar Analyst Rating
Analyst rating as of | See Hartford Funds Investment Hub
  • NAV / 1-Day Return 9.34  /  0.01 %
  • Total Assets 1.9 Bil
  • Adj. Expense Ratio
    0.490%
  • Expense Ratio 0.490%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 2.49%
  • Effective Duration 1.71 years

USD | NAV as of Feb 08, 2023 | 1-Day Return as of Feb 08, 2023, 11:14 PM GMT+00:00

Morningstar’s Analysis HSDIX

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

People Pillar

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

Portfolio construction concerns limit our confidence on this well-resourced strategy.

Senior Analyst

Summary

| by Mike Mulach

Hartford Short Duration Bond’s experienced lead manager is supported by a substantial group of analysts, yet the portfolio takes on more credit and liquidity risk relative to peers. It earns Morningstar Analyst Ratings of Neutral for most share classes, while its most expensive C shares are rated Negative.

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