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.
Fund Family Hartford Mutual Funds
Category High Yield Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol HAHIX
Share Class Class I
Index Bloomberg U.S. Corporate High Yield TR
HAHIX had a total return of 5.38% in the past year, including dividends.
Since the fund's inception, the average annual return has been 5.08%.
