About HAHSX
Hartford High Yield Fund Class R4 is a mutual fund designed to deliver high current income alongside long-term total return through investments primarily in high yield bonds. It allocates at least 80% and up to 100% of its assets to non-investment grade securities, often called junk bonds, which offer higher yields to compensate for increased credit risk. Sub-advised by Wellington Management, the fund employs a disciplined process emphasizing macroeconomic conditions and issuers' free cash flow generation, supported by collaborative global research across asset classes. Key characteristics include a 0.970% expense ratio, monthly dividend distributions, an effective duration of approximately 2.84 years, and a portfolio of around 348 holdings diversified across sectors like consumer cyclical (20%), financial institutions (15%), and communications (15%). Top holdings feature issuers such as CCO Holdings LLC and Community Health Systems, Inc. Exclusively available to retirement plans like 401(k)s and 457 plans, this R4 share class incurs no front-end or deferred sales charges but applies a 0.25% Rule 12b-1 distribution and service fee. With total assets around $465.5 million, it plays a significant role in fixed income portfolios seeking income from below-investment-grade debt markets.
Fund Family Hartford Mutual Funds
Category High Yield Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol HAHSX
Share Class Class R4
Index Bloomberg U.S. Corporate High Yield TR
HAHSX had a total return of 1.11% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.03%.
