Objective
Seeks to provide high current income and long-term total return.
Overview
A fund that invests in high-yield bonds, by combining fundamental research, industry allocation, and macroeconomic trends.
Effective 12/31/17, this Fund is closed to new qualified pension and retirement plans. Please refer to the fund supplement dated 9/28/17 for more information.
|
Average Annual Total Returns % (as of 3/31/2018)
|
|||||
| 1YR | 5YR | 10YR | SI | ||
|---|---|---|---|---|---|
| Hartford High Yield HLS IA | 3.61 | 4.38 | 7.46 | 6.16 | |
| Benchmark | 3.78 | 4.99 | 8.27 | --- | |
| Morningstar High Yield Bond Category | 3.00 | 3.77 | 6.24 | --- | |
|
Average Annual Total Returns % (as of 3/31/2018)
|
|||||
| 1YR | 5YR | 10YR | SI | ||
|---|---|---|---|---|---|
| Hartford High Yield HLS IA | 3.61 | 4.38 | 7.46 | 6.16 | |
| Benchmark | 3.78 | 4.99 | 8.27 | --- | |
| Morningstar High Yield Bond Category | 3.00 | 3.77 | 6.24 | --- | |
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.
(as of 3/31/2018)
-
Overall
:
- Overall Morningstar Rating for High Yield HLS Fund, Class IA, as of 3/31/2018 out of 588 products in the High Yield Bond Category Based on Risk-Adjusted Returns
| Fund | Benchmark | |
|---|---|---|
| 2017 | 7.60 | 7.50 |
| 2016 | 14.25 | 17.13 |
| 2015 | -4.30 | -4.47 |
| 2014 | 2.58 | 2.45 |
| 2013 | 6.43 | 7.44 |
| 2012 | 14.31 | 15.81 |
| 2011 | 4.69 | 4.98 |
| 2010 | 16.15 | 15.12 |
| 2009 | 50.46 | 58.21 |
| 2008 | -25.23 | -26.16 |
Excludes sales charges. If sales charges and taxes had been included, the value would have been lower.
| As of Date | 3/31/2018 |
| Net Assets | $285 million |
| # of Holdings | 257 |
| Turnover (3/31/2018) | 36% |
| Dividend Frequency | Annually |
| Fund | |
|---|---|
| Effective Duration | 3.79 yrs. |
| Years To Worst | 5.41 yrs. |
Sector Distribution
| label | currentpercentage |
|---|---|
| Financial Institutions | 13% |
| Capital Goods | 13% |
| Technology | 9% |
| Cash and Cash Equivalents | 2% |
| Consumer Cyclical | 14% |
| Consumer Non-Cyclical | 13% |
| Basic Industry | 7% |
| Other Industrial | 1% |
| Transportation | 1% |
| Government & Government Related | 0% |
| Other Securities | 0% |
| Utilities | 1% |
| Energy | 10% |
| Communications | 14% |
| label | currentpercentage |
|---|---|
| Financial Institutions | 13% |
| Capital Goods | 12% |
| Technology | 8% |
| Cash and Cash Equivalents | 3% |
| Consumer Cyclical | 14% |
| Consumer Non-Cyclical | 13% |
| Basic Industry | 7% |
| Other Industrial | 1% |
| Transportation | 2% |
| Government & Government Related | 0% |
| Other Securities | 0% |
| Utilities | 1% |
| Energy | 12% |
| Communications | 14% |
| Inception Date | 09/30/1998 |
| Symbol | HIAYX |
| CUSIP | 416528842 |
| Fund Number | 2040 |
Top Ten Issuers
| label | percentageholding |
|---|---|
| Valeant Pharmaceuticals International, Inc. | 2.67 |
| Sprint Corp. | 2.57 |
| Navient Corp. | 2.18 |
| First Data Corp. | 1.93 |
| Post Holdings, Inc. | 1.45 |
| United Rentals North America, Inc. | 1.45 |
| HCA, Inc. | 1.41 |
| DISH DBS Corp. | 1.29 |
| Banco Bilbao Vizcaya Argentaria S.A. | 1.25 |
| Springleaf Finance Corp. | 1.24 |
| Total Portfolio % | 17.44 |
| label | percentageholding |
|---|---|
| Valeant Pharmaceuticals International, Inc. | 2.65 |
| Sprint Corp. | 2.28 |
| Navient Corp. | 2.09 |
| First Data Corp. | 1.87 |
| DISH DBS Corp. | 1.57 |
| United Rentals North America, Inc. | 1.42 |
| HCA, Inc. | 1.39 |
| Post Holdings, Inc. | 1.26 |
| 1011778 BC ULC / New Red Finance, Inc. | 1.23 |
| Continental Resources, Inc. | 1.22 |
| Total Portfolio % | 16.98 |
Credit Exposure (%)
| label | value |
|---|---|
| Aa/AA | 0.0 |
| Baa/BBB | 0.9 |
| Ba/BB | 27.0 |
| B | 50.9 |
| Caa/CCC or lower | 16.8 |
| Not Rated | 2.1 |
| Cash & Cash Offsets | 2.2 |
Credit exposure is the credit ratings for the underlying securities of the Fund as provided by Standard and Poor's (S&P), Moody's Investors Service, or Fitch and typically range from AAA/Aaa (highest) to C/D (lowest). If S&P, Moody's, and Fitch assign different ratings, the median rating is used. If only two agencies assign ratings, the lower rating is used. Securities that are not rated by any of the three agencies are listed as "Not Rated." Ratings do not apply to the Fund itself or to Fund shares. Ratings may change.
The 5-Minute Forecast
Wed Apr 18 11:24:00 EDT 2018
How a Rate Rise Reminds Us Why We Invest in Fixed Income
Thu Mar 22 12:42:00 EDT 2018
Client Conversations: Managing Risk in Your Fixed-Income Portfolio
Tue Feb 13 15:13:00 EST 2018
Fund LiteratureSelect All
|
Prospectus
05/01/2017 | pdf Available For |
Semi Annual Report
06/30/2017 | pdf Available For |
Statutory Prospectus
05/01/2017 | pdf Available For |
Annual Report
12/31/2017 | pdf Available For |
SAI
05/01/2017 | pdf Available For |
Financial Professionals:
Log in to order forms and literature and manage your subscriptions.
A WORD ABOUT RISK
Hartford HLS Funds are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA. Advisory services are provided by Hartford Funds Management Company, LLC (HFMC). The Funds are sub-advised by Wellington Management Company LLP, which is not affiliated with HFD or HFMC.
205534