About HSNYX
The Hartford Strategic Income Fund Class Y is a multi-sector bond mutual fund designed to deliver both current income and long-term total return. Managed by Hartford Funds and sub-advised by Wellington Management, the fund employs a dynamic and diversified approach, investing primarily in a wide range of domestic and foreign debt instruments. Its holdings span sectors such as high yield credit, bank loans, emerging market debt, asset-backed securities, and traditional investment-grade bonds. Notably, the fund pursues opportunities in both investment grade and non-investment grade securities, including so-called 'junk bonds,' aiming to benefit from varying market cycles and credit environments.
With over 1,200 individual holdings and total assets exceeding $3.7 billion, the fund leverages a combination of top-down macroeconomic analysis and bottom-up security selection. This structure enables strategic sector allocation as well as active risk management. The fund offers monthly dividends, has an expense ratio of 0.64%, and is recognized for its above-average performance and risk profile within its category. Its flexible allocation across diverse credit exposures and regions positions it as a key player for those seeking diversified fixed-income exposure in the evolving global bond market.
Fund Family Hartford Mutual Funds
Category Multisector Bond
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol HSNYX
Share Class Class Y
Index Bloomberg U.S. Aggregate Bond TR
HSNYX had a total return of -1.24% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.30%.
