Hartford Floating Rate Fund Class R5 (HFLTX)
| Fund Assets | 880.28M |
| Expense Ratio | 0.81% |
| Min. Investment | $0.00 |
| Turnover | 61.00% |
| Dividend (ttm) | 0.57 |
| Dividend Yield | 7.64% |
| Dividend Growth | -7.16% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 7.47 |
| YTD Return | -0.74% |
| 1-Year Return | 3.34% |
| 5-Year Return | 24.98% |
| 52-Week Low | 7.01 |
| 52-Week High | 7.54 |
| Beta (5Y) | n/a |
| Holdings | 327 |
| Inception Date | Dec 22, 2006 |
About HFLTX
Hartford Floating Rate Fund Class R5 is an actively managed mutual fund focused on senior secured bank loans and other floating‑rate credit instruments. Its primary objective is to provide current income with lower interest‑rate sensitivity by investing predominantly in below‑investment‑grade variable or floating‑rate loans and securities, whose coupons reset with short‑term benchmarks, moderating duration risk. The strategy is sub‑advised by Wellington Management, emphasizing issuer selection, credit research, and diversification across industries and borrowers. The fund typically maintains broad holdings within the bank‑loan category and may allocate a portion to non‑U.S. issuers, reflecting the global leveraged‑loan market. In practice, the portfolio skews toward lower‑rated corporate credit tiers common in the leveraged‑loan space, offering elevated income potential in exchange for credit risk. Within the fixed‑income landscape, the fund serves as a complement to traditional bond allocations, aiming to hedge rising‑rate environments while providing exposure to the leveraged‑loan market’s income dynamics and recovery characteristics associated with secured, senior‑priority claims.
Performance
HFLTX had a total return of 3.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.74%.
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 | $0.0737 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04373 | Jan 2, 2026 |
| Dec 29, 2025 | $0.00689 | Dec 30, 2025 |
| Nov 28, 2025 | $0.04339 | Dec 1, 2025 |
| Oct 31, 2025 | $0.04386 | Nov 3, 2025 |
| Sep 30, 2025 | $0.04352 | Oct 1, 2025 |