About HIPSX
The Hartford Inflation Plus Fund Class R4 is a mutual fund focused on delivering a total return that exceeds the rate of inflation over the economic cycle. Its core strategy centers on investing at least 65% of its assets in inflation-protected debt securities, primarily in Treasury Inflation-Protected Securities (TIPS) issued by the U.S. Treasury. The fund may also allocate to similar securities from U.S. government agencies and, opportunistically, to other fixed income sectors such as developed government, emerging market debt, bank loans, and mortgage-backed securities to enhance yield and diversification. With a broad portfolio, the fund maintains high credit quality, with a significant exposure to U.S. government obligations and a moderate average duration, making it suitable for hedging against inflation risk. Managed by a team at Wellington Management, the Hartford Inflation Plus Fund Class R4 plays a specialized role in portfolios, serving investors looking to preserve purchasing power during inflationary periods. Its monthly distribution schedule and emphasis on inflation-protected assets highlight its purpose within the broader fixed income market, particularly for those seeking targeted protection against the erosive effects of rising prices.
Fund Family Hartford Mutual Funds
Category Inflation-Protected Bond
Performance Rating Above Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol HIPSX
Share Class Class R4
Index Bloomberg US TIPS 1-10 Y TR
HIPSX had a total return of -1.89% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.92%.
