Hartford Floating Rate Fund Class R3 (HFLRX)
| Fund Assets | 880.28M |
| Expense Ratio | 1.28% |
| Min. Investment | $0.00 |
| Turnover | 61.00% |
| Dividend (ttm) | 0.54 |
| Dividend Yield | 7.08% |
| Dividend Growth | -8.41% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 7.63 |
| YTD Return | -0.74% |
| 1-Year Return | 2.86% |
| 5-Year Return | 22.00% |
| 52-Week Low | 7.20 |
| 52-Week High | 7.70 |
| Beta (5Y) | n/a |
| Holdings | 327 |
| Inception Date | Dec 22, 2006 |
About HFLRX
Hartford Floating Rate Fund Class R3 is an open-end mutual fund focused on generating high current income with a secondary goal of long‑term total return. It primarily invests in below‑investment‑grade, variable or floating‑rate bank loans and floating‑rate securities, which reset with short‑term benchmarks and can help reduce interest‑rate sensitivity relative to traditional fixed‑rate bonds. The portfolio is broadly diversified across industries such as financial institutions, consumer cyclical, technology, communications, and capital goods, reflecting the leveraged loan market’s breadth. Sub‑advised by Wellington Management, the strategy emphasizes security selection within the bank‑loan category and may allocate a portion to non‑U.S. borrowers and issuers. The fund distributes income monthly and typically maintains a very short effective duration given its floating‑rate focus, aligning it with the bank‑loan category’s role as a credit‑oriented, floating‑rate income solution. With hundreds of holdings and sizable net assets, it plays a role in providing exposure to senior secured corporate credit while seeking to balance income generation with diversification across issuers and sectors.
Performance
HFLRX had a total return of 2.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.59%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFRCX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class C | 1.77% |
| FIQSX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class Z | 0.67% |
| FFRIX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class I | 0.77% |
| FFRTX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class M | 1.02% |
| FFRHX | Fidelity | Fidelity Floating Rate High Income Fund | 0.73% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.07235 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04167 | Jan 2, 2026 |
| Nov 28, 2025 | $0.0414 | Dec 1, 2025 |
| Oct 31, 2025 | $0.04173 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0415 | Oct 1, 2025 |
| Aug 29, 2025 | $0.04216 | Sep 2, 2025 |