About HFLCX
Hartford Floating Rate Fund Class C is an open-end mutual fund focused on generating high current income with a secondary goal of long-term total return. According to its stated approach, the fund primarily invests in floating-rate loans and securities, emphasizing below‑investment‑grade credit, which helps reduce interest-rate sensitivity while providing exposure to credit-driven income sources. Managed for broad diversification across industries and issuers, the portfolio typically holds hundreds of positions, reflecting a research-driven selection process and risk dispersion across sectors such as consumer, financials, capital goods, technology, and communications. The strategy’s floating-rate structure anchors an effective duration near zero, positioning the fund to be less affected by rising rate environments compared with fixed-rate debt. Sub-advised by Wellington Management, the fund applies fundamental credit research to the leveraged loan market, targeting opportunities in senior secured loans and related instruments. In the mutual fund marketplace, it serves as a tool for investors seeking income from the bank loan asset class, monthly distributions, and potential diversification benefits versus traditional core bond holdings.
Fund Family Hartford Mutual Funds
Category Bank Loan
Performance Rating Low
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol HFLCX
Share Class Class C
Index Morningstar LSTA US Leveraged Loan TR USD
HFLCX had a total return of 2.52% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.96%.
