Hartford Short Duration Bond is run by an experienced manager supported by a substantial group of analysts, yet the portfolio takes on more credit and liquidity risk relative to peers. Together with above-average fees, this underpins the strategy’s Morningstar Analyst Ratings of Neutral for most share classes, while its most expensive C shares are rated Negative.
Hartford Short Duration I HSDIX
NAV / 1-Day Return
9.86
/
0.00
%
Total Assets
2.1 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.
0.520%
Expense Ratio
0.520%
Fee Level
Above Average
Longest Manager Tenure
9.88
years
Category
Short-Term Bond
Credit Quality / Interest Rate Sensitivity
Low / LimitedMin. Initial Investment
2,000
Status
Open
TTM Yield
1.91%
Effective Duration
1.77
years
Premium
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 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.
Concerns with portfolio construction limit our confidence on this well-resourced strategy.
