Objective
Seeks to provide high current income and long-term total return.
Overview
A fund that typically invests in U.S. bank loans, global bank loans, and high-yield debt.
Average Annual Total Returns % (as of 12/31/2020)
|
|||||
1YR | 5YR | 10YR | SI | ||
---|---|---|---|---|---|
Hartford Floating Rate High Income I | 1.01 | 5.63 | --- | 4.88 | |
Benchmark | 3.12 | 5.24 | --- | --- | |
Morningstar Bank Loan Category | 1.16 | 4.06 | --- | --- |
Average Annual Total Returns % (as of 12/31/2020)
|
|||||
1YR | 5YR | 10YR | SI | ||
---|---|---|---|---|---|
Hartford Floating Rate High Income I | 1.01 | 5.63 | --- | 4.88 | |
Benchmark | 3.12 | 5.24 | --- | --- | |
Morningstar Bank Loan Category | 1.16 | 4.06 | --- | --- |
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
Growth of $10,000 (I-Share)
(as of 12/31/2020)
Fund | Benchmark | |
---|---|---|
2020 | 1.01 | 3.12 |
2019 | 9.26 | 8.64 |
2018 | -0.33 | 0.44 |
2017 | 5.25 | 4.12 |
2016 | 13.60 | 10.16 |
2015 | -3.45 | -0.69 |
2014 | -0.23 | 1.60 |
2013 | 7.14 | 5.29 |
2012 | 11.15 | 9.66 |
Excludes sales charges. If sales charges and taxes had been included, the value would have been lower.
CharacteristicsAllocations, exposures and holdings are subject to change. Percentages may be rounded.
As of Date | 12/31/2020 |
Net Assets | $349 million |
# of Holdings | 268 |
Turnover (12/31/2020) | 118% |
Dividend Frequency | Monthly |
Fund | |
---|---|
Effective Duration | 0.35 yrs |
% in Bank Loans | 87 |
Average Bank Loan Price | $96.69 |
As of Date | 12/31/2020 |
Distribution Yield at NAV | 3.74% |
30 Day SEC Yield | 3.37% |
Unsubsidized 30-Day SEC Yield | 3.30% |
Inception Date | 09/30/2011 |
Symbol | HFHIX |
CUSIP | 41664M151 |
Fund Number | 1038 |
Top Ten Issuers (%)
label | percentageholding |
---|---|
Asurion LLC | 3.47 |
Invesco Senior Loan ETF | 2.99 |
APX Group, Inc. | 2.67 |
Nets Holding A/S | 2.27 |
Playtika Holding Corp. | 2.10 |
UPC Broadband Holding B.V. | 1.94 |
Blackhawk Network Holdings, Inc. | 1.77 |
DCert Buyer, Inc. | 1.75 |
ION Media Networks, Inc. | 1.51 |
Staples, Inc. | 1.51 |
Total Portfolio % | 21.98 |
label | percentageholding |
---|---|
Asurion LLC | 3.49 |
Invesco Senior Loan ETF | 3.01 |
UPC Broadband Holding B.V. | 2.27 |
Playtika Holding Corp. | 2.16 |
Nets Holding A/S | 2.12 |
APX Group, Inc. | 2.11 |
Dun & Bradstreet Corp. | 1.86 |
Acrisure LLC | 1.84 |
Diamond (BC) B.V. | 1.76 |
Blackhawk Network Holdings, Inc. | 1.62 |
Total Portfolio % | 22.24 |
Credit Exposure (%)
label | value |
---|---|
Aaa/AAA | 0 |
Aa/AA | 0 |
A | 0 |
Baa/BBB | 2 |
Ba/BB | 15 |
B | 77 |
Caa/CCC or lower | 5 |
Not Rated | 5 |
Cash & Cash Offsets | -4 |
Sectors | Fund 12/31/2020 | Benchmark 12/31/2020 |
---|---|---|
Consumer Cyclical | 25 | 20 |
Communications | 18 | 14 |
Consumer Non-Cyclical | 17 | 15 |
Energy | 4 | 2 |
Financial Institutions | 8 | 7 |
Other | 8 | 7 |
Capital Goods | 8 | 10 |
Transportation | 1 | 3 |
Utilities | 0 | 2 |
Technology | 13 | 16 |
Basic Industry | 0 | 4 |
Cash, Cash Equivalents and Cash Offsets | -4 | 0 |

Floating Rate Notes–Short Duration and Income in the Face of Rising Inflation Risks in 2021
01/19/2021.jpg/_jcr_content/renditions/cq5dam.thumbnail.540.360.margin.jpeg)
2021 Outlooks (Wellington)
12/14/2020Financial Professionals:
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Fund LiteratureSelect All
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Fact Sheet12/31/2020 | pdfThis Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance. |
Commentary12/31/2020 | pdfCurrent quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund. |
Summary ProspectuspdfA concise summary of the Fund’s investment strategy, performance, expenses, risks, and management team.
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Wellington Fixed Income Overview12/31/2020 | pdfThis module provides an overview of Wellington Management Company's Fixed Income resources and capabilities
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Floating Rate High Income Fund Pitchbook12/31/2020 | pdfThis Pitchbook reviews the Funds' investment approach, investment team, investment process, and general portfolio parameters.
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Semi Annual ReportpdfA semi-annual update on the Fund that includes a manager discussion of the Fund’s performance and financial statements.
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Statutory ProspectuspdfAn annual update on the Fund that includes information about the Fund’s investment manager, sub-adviser, and operations.
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Annual ReportpdfAn annual update on the Fund that includes a manager discussion of the Fund’s performance and financial statements.
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SAIpdfA supplementary document to the Fund’s prospectus that includes additional information about the Fund and its operations.
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The Fund should not be considered an alternative to CDs or money market funds. This Fund is intended for investors who are looking to complement their traditional fixed-income investments.
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