Hartford Floating Rate High Income Fund

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Performance

The fund has returned 6.17 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 1.1%
1 Year 6.2%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks high current income and long-term total return. The fund invests at least 80% of its assets in a portfolio of: (i) below-investment grade variable or floating rate loans and floating rate securities; (ii) high yield fixed-rate loans or debt securities with respect to which the fund has entered into interest rate swaps to effectively convert the fixed-rate interest payments into floating-rate interest payments; and (iii) fixed-rate instruments with a duration of less than or equal to one year, including money market securities of all types, repurchase agreements, and shares of money market and short-term bond funds. It is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Hartford Floating Rate High Income Fund has an expense ratio of 1.05 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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See Also:

Top Hartford Mutual Funds Funds