About HLDSX
Hartford Emerging Markets Local Debt Fund is a mutual fund focused on capital appreciation and income through investments primarily in local currency-denominated debt securities issued by emerging market countries. The fund utilizes a comprehensive investment approach that blends top-down macroeconomic analysis with bottom-up credit research, examining interest rates, currency movements, and credit conditions to uncover investment value. It holds a diversified portfolio across a broad range of emerging market countries and currencies, including Mexico, Malaysia, Indonesia, and India, among others. Managed by Wellington Management, the fund emphasizes independent research and collaboration to navigate the complexities of emerging local debt markets. With a relatively moderate credit quality and interest rate sensitivity profile, it plays a significant role in providing exposure to emerging market local-currency debt for institutional and retail investors seeking diversification beyond developed markets. As of early 2025, the fund maintains a sizable portfolio with over 290 holdings and experienced management with decades of industry expertise.
Fund Family Hartford Mutual Funds
Category Emerging-Markets Local-Currency Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol HLDSX
Share Class Class R4
Index Index is not available on Lipper Database
HLDSX had a total return of 3.49% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.06%.
