THE HARTFORD FLOATING RATE FUND
Name
As of 12/12/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
8.4%
1 yr return
9.0%
3 Yr Avg Return
5.1%
5 Yr Avg Return
4.3%
Net Assets
$1.27 B
Holdings in Top 10
13.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.82%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 99.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/12/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HFLTX - Profile
Distributions
- YTD Total Return 8.4%
- 3 Yr Annualized Total Return 5.1%
- 5 Yr Annualized Total Return 4.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.82%
- Dividend Yield 7.8%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameTHE HARTFORD FLOATING RATE FUND
-
Fund Family NameHARTFORD FUNDS
-
Inception DateDec 21, 2006
-
Shares OutstandingN/A
-
Share ClassR5
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJeffrey Heuer
Fund Description
HFLTX - Performance
Return Ranking - Trailing
Period | HFLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.4% | -3.4% | 10.8% | 53.79% |
1 Yr | 9.0% | -3.2% | 12.9% | 56.44% |
3 Yr | 5.1%* | -6.8% | 7.9% | 68.75% |
5 Yr | 4.3%* | -6.1% | 38.3% | 62.24% |
10 Yr | 4.3%* | -1.9% | 20.0% | 31.49% |
* Annualized
Return Ranking - Calendar
Period | HFLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.2% | -12.0% | 11.1% | 78.49% |
2022 | -8.2% | -22.9% | 5.1% | 62.40% |
2021 | 0.7% | -12.2% | 11.1% | 68.25% |
2020 | -2.4% | -14.1% | 289.8% | 40.91% |
2019 | 3.5% | -8.1% | 7.5% | 26.38% |
Total Return Ranking - Trailing
Period | HFLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.4% | -3.4% | 10.8% | 53.79% |
1 Yr | 9.0% | -3.2% | 12.9% | 56.44% |
3 Yr | 5.1%* | -6.8% | 7.9% | 68.75% |
5 Yr | 4.3%* | -6.1% | 38.3% | 62.24% |
10 Yr | 4.3%* | -1.9% | 20.0% | 31.49% |
* Annualized
Total Return Ranking - Calendar
Period | HFLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.9% | -12.0% | 22.1% | 65.28% |
2022 | -3.2% | -22.9% | 5.1% | 68.99% |
2021 | 4.6% | -10.2% | 11.1% | 56.35% |
2020 | 1.9% | -14.1% | 306.9% | 44.21% |
2019 | 8.8% | -3.6% | 10.5% | 19.15% |
NAV & Total Return History
HFLTX - Holdings
Concentration Analysis
HFLTX | Category Low | Category High | HFLTX % Rank | |
---|---|---|---|---|
Net Assets | 1.27 B | 29.9 M | 13.5 B | 36.29% |
Number of Holdings | 370 | 2 | 2051 | 45.53% |
Net Assets in Top 10 | 169 M | -191 M | 2.37 B | 37.35% |
Weighting of Top 10 | 13.64% | 5.2% | 100.7% | 51.95% |
Top 10 Holdings
- SPDR Blackstone Senior Loan ETF 2.95%
- Acrisure LLC 2024 Term Loan B6 1.53%
- Peraton Corp Term Loan B 1.25%
- HUB International Limited 2024 Term Loan B 1.24%
- McAfee LLC 2024 USD Term Loan B 1.22%
- UFC Holdings LLC 2021 Term Loan B 1.22%
- Sedgwick Claims Management Services Inc 2023 Term Loan B 1.11%
- Amentum Government Services Holdings LLC 2022 Term Loan 1.07%
- Caesars Entertainment Inc Term Loan B 1.03%
- ABG Intermediate Holdings 2 LLC 2024 Term Loan B 1.02%
Asset Allocation
Weighting | Return Low | Return High | HFLTX % Rank | |
---|---|---|---|---|
Bonds | 96.15% | 0.00% | 161.82% | 43.58% |
Stocks | 4.22% | 0.00% | 100.74% | 20.23% |
Convertible Bonds | 0.58% | 0.00% | 5.51% | 8.63% |
Other | 0.24% | -52.39% | 26.58% | 32.30% |
Cash | 0.09% | -61.90% | 16.36% | 87.94% |
Preferred Stocks | 0.00% | -3.99% | 7.54% | 78.99% |
Stock Sector Breakdown
Weighting | Return Low | Return High | HFLTX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | 86.67% |
Technology | 0.00% | 0.00% | 100.00% | 83.56% |
Real Estate | 0.00% | 0.00% | 48.61% | 79.56% |
Industrials | 0.00% | 0.00% | 100.00% | 83.56% |
Healthcare | 0.00% | 0.00% | 100.00% | 79.56% |
Financial Services | 0.00% | 0.00% | 89.61% | 81.78% |
Energy | 0.00% | 0.00% | 100.00% | 24.00% |
Communication Services | 0.00% | 0.00% | 100.00% | 93.33% |
Consumer Defense | 0.00% | 0.00% | 100.00% | 85.33% |
Consumer Cyclical | 0.00% | 0.00% | 97.66% | 8.44% |
Basic Materials | 0.00% | 0.00% | 1.36% | 80.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | HFLTX % Rank | |
---|---|---|---|---|
US | 4.22% | -0.01% | 100.74% | 19.84% |
Non US | 0.00% | 0.00% | 0.68% | 75.49% |
Bond Sector Breakdown
Weighting | Return Low | Return High | HFLTX % Rank | |
---|---|---|---|---|
Corporate | 86.88% | 0.00% | 99.80% | 67.84% |
Derivative | 0.24% | -11.46% | 0.67% | 10.51% |
Cash & Equivalents | 0.09% | 0.00% | 25.03% | 84.44% |
Government | 0.06% | 0.00% | 3.18% | 16.86% |
Securitized | 0.00% | 0.00% | 91.68% | 83.14% |
Municipal | 0.00% | 0.00% | 0.47% | 72.55% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | HFLTX % Rank | |
---|---|---|---|---|
US | 82.28% | 0.00% | 124.50% | 81.32% |
Non US | 13.87% | 0.00% | 63.23% | 16.73% |
HFLTX - Expenses
Operational Fees
HFLTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.82% | 0.03% | 5.51% | 72.35% |
Management Fee | 0.62% | 0.00% | 1.89% | 49.24% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.02% | 0.27% | 47.92% |
Sales Fees
HFLTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
HFLTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
HFLTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 99.00% | 4.00% | 180.00% | 87.60% |
HFLTX - Distributions
Dividend Yield Analysis
HFLTX | Category Low | Category High | HFLTX % Rank | |
---|---|---|---|---|
Dividend Yield | 7.81% | 0.00% | 11.13% | 71.32% |
Dividend Distribution Analysis
HFLTX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
HFLTX | Category Low | Category High | HFLTX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.82% | 1.77% | 9.82% | 37.15% |
Capital Gain Distribution Analysis
HFLTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 29, 2024 | $0.047 | OrdinaryDividend |
Oct 31, 2024 | $0.051 | OrdinaryDividend |
Sep 30, 2024 | $0.053 | OrdinaryDividend |
Aug 30, 2024 | $0.052 | OrdinaryDividend |
Jul 31, 2024 | $0.054 | OrdinaryDividend |
Mar 28, 2024 | $0.054 | OrdinaryDividend |
Feb 29, 2024 | $0.052 | OrdinaryDividend |
Jan 31, 2024 | $0.053 | OrdinaryDividend |
Dec 29, 2023 | $0.050 | OrdinaryDividend |
Dec 27, 2023 | $0.044 | OrdinaryDividend |
Nov 30, 2023 | $0.056 | OrdinaryDividend |
Oct 31, 2023 | $0.054 | OrdinaryDividend |
Sep 29, 2023 | $0.053 | OrdinaryDividend |
Aug 31, 2023 | $0.045 | OrdinaryDividend |
Jul 31, 2023 | $0.055 | OrdinaryDividend |
Jun 30, 2023 | $0.054 | OrdinaryDividend |
May 31, 2023 | $0.053 | OrdinaryDividend |
Apr 28, 2023 | $0.052 | OrdinaryDividend |
Mar 31, 2023 | $0.051 | OrdinaryDividend |
Feb 28, 2023 | $0.046 | OrdinaryDividend |
Jan 31, 2023 | $0.046 | OrdinaryDividend |
Dec 30, 2022 | $0.049 | OrdinaryDividend |
Dec 28, 2022 | $0.010 | OrdinaryDividend |
Nov 30, 2022 | $0.043 | OrdinaryDividend |
Oct 31, 2022 | $0.042 | OrdinaryDividend |
Sep 30, 2022 | $0.037 | OrdinaryDividend |
Aug 31, 2022 | $0.035 | OrdinaryDividend |
Jul 29, 2022 | $0.032 | OrdinaryDividend |
Jun 30, 2022 | $0.028 | OrdinaryDividend |
May 31, 2022 | $0.027 | OrdinaryDividend |
Apr 29, 2022 | $0.023 | OrdinaryDividend |
Mar 31, 2022 | $0.024 | OrdinaryDividend |
Feb 28, 2022 | $0.020 | OrdinaryDividend |
Jan 31, 2022 | $0.022 | OrdinaryDividend |
Dec 31, 2021 | $0.023 | OrdinaryDividend |
Dec 29, 2021 | $0.022 | OrdinaryDividend |
Nov 30, 2021 | $0.021 | OrdinaryDividend |
Oct 29, 2021 | $0.024 | OrdinaryDividend |
Sep 30, 2021 | $0.022 | OrdinaryDividend |
Aug 31, 2021 | $0.021 | OrdinaryDividend |
Jul 30, 2021 | $0.021 | OrdinaryDividend |
Jun 30, 2021 | $0.021 | OrdinaryDividend |
May 28, 2021 | $0.029 | OrdinaryDividend |
Apr 30, 2021 | $0.021 | OrdinaryDividend |
Mar 31, 2021 | $0.020 | OrdinaryDividend |
Feb 26, 2021 | $0.020 | OrdinaryDividend |
Jan 29, 2021 | $0.027 | OrdinaryDividend |
Dec 31, 2020 | $0.024 | OrdinaryDividend |
Dec 29, 2020 | $0.019 | OrdinaryDividend |
Nov 30, 2020 | $0.022 | OrdinaryDividend |
Oct 30, 2020 | $0.023 | OrdinaryDividend |
Sep 30, 2020 | $0.023 | OrdinaryDividend |
Aug 31, 2020 | $0.024 | OrdinaryDividend |
Jul 31, 2020 | $0.024 | OrdinaryDividend |
Jun 30, 2020 | $0.022 | OrdinaryDividend |
May 29, 2020 | $0.024 | OrdinaryDividend |
Apr 30, 2020 | $0.024 | OrdinaryDividend |
Mar 31, 2020 | $0.030 | OrdinaryDividend |
Feb 28, 2020 | $0.026 | OrdinaryDividend |
Jan 31, 2020 | $0.030 | OrdinaryDividend |
Dec 31, 2019 | $0.029 | OrdinaryDividend |
Nov 29, 2019 | $0.029 | OrdinaryDividend |
Oct 31, 2019 | $0.029 | OrdinaryDividend |
Sep 30, 2019 | $0.028 | OrdinaryDividend |
Aug 30, 2019 | $0.030 | OrdinaryDividend |
Jul 31, 2019 | $0.031 | OrdinaryDividend |
Jun 28, 2019 | $0.033 | OrdinaryDividend |
Dec 27, 2018 | $0.106 | ExtraDividend |
HFLTX - Fund Manager Analysis
Managers
Jeffrey Heuer
Start Date
Tenure
Tenure Rank
Sep 28, 2017
4.67
4.7%
Jeffrey W. Heuer, CFA, is Managing Director and Fixed Income Portfolio Manager of Wellington Management. Mr. Heuer joined Wellington Management as an investment professional in 2001, and has covered high yield bonds in the retail and supermarket, gaming, lodging, tobacco, textiles, and restaurant sectors. Prior to joining Wellington Management, Mr. Heuer worked as a leveraged loan analyst at CypressTree Investment Management, where he analyzed credits in the consumer products, textiles, cyclicals, and telecommunications industries (1999 – 2001). Mr. Heuer also held several credit analysis and lending positions at the former Chase Manhattan Bank and its predecessor organizations (1989 – 1998). Mr. Heuer received his MBA, with distinction, from the University of Pennsylvania (Wharton, 1994) and his BA from Williams College (1989). Additionally, Mr. Heuer holds the Chartered Financial Analyst designation.
David Marshak
Start Date
Tenure
Tenure Rank
Sep 28, 2017
4.67
4.7%
David B. Marshak, Managing Director and Fixed Income Portfolio Manager of Wellington Management, has been a portfolio manager since 2017 and has been involved in securities analysis since 2012. Mr. Marshak joined Wellington Management as an investment professional in 2004.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 21.18 | 6.08 | 3.25 |