Hartford High Yield Fund Institutional (HAHIX)
| Fund Assets | 469.28M |
| Expense Ratio | 0.69% |
| Min. Investment | $2,000 |
| Turnover | 40.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 5.72% |
| Dividend Growth | 5.97% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 7.00 |
| YTD Return | -0.98% |
| 1-Year Return | 7.49% |
| 5-Year Return | 17.51% |
| 52-Week Low | 6.68 |
| 52-Week High | 7.17 |
| Beta (5Y) | n/a |
| Holdings | 345 |
| Inception Date | May 31, 2007 |
About HAHIX
Hartford High Yield Fund Class I is a mutual fund designed to deliver high current income alongside long-term total return through investments in non-investment grade debt securities. It allocates at least 80% and up to 100% of its assets to high-yield bonds, often rated BB or lower, which offer elevated yields but carry higher credit and economic risks. Sub-advised by Wellington Management, the fund employs a disciplined process emphasizing macro environment analysis and issuers' free cash flow generation, supported by collaborative global research across asset classes. Key characteristics include a portfolio of approximately 352 holdings, an effective duration of 2.77 years, and a yield to worst of 6.21%, with monthly dividend distributions. Sector allocations feature significant exposure to consumer cyclical (20%), financial institutions (15%), and communications (15%), alongside top holdings like CCO Holdings (2.32%) and CHS/Community Health Systems (1.37%). In the high-yield bond category, it provides income-focused exposure to lower-quality corporate bonds, primarily U.S.-based with up to 30% in foreign securities, playing a vital role in fixed-income portfolios seeking enhanced yields.
Performance
HAHIX had a total return of 7.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.03%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWEHX | Vanguard | Vanguard High-Yield Corporate Fund Investor Shares | 0.22% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.03553 | Apr 1, 2026 |
| Feb 27, 2026 | $0.03505 | Mar 2, 2026 |
| Jan 30, 2026 | $0.03618 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03592 | Jan 2, 2026 |
| Nov 28, 2025 | $0.03605 | Dec 1, 2025 |
| Oct 31, 2025 | $0.03783 | Nov 3, 2025 |