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Lipper
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Zacks Investment Research
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Standard & Poor's
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TheStreet.com
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U.S. News evaluated 43 Bank Loan Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 10.52 percent over the past year.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | 4.0% |
| 1 Year | 10.5% |
| 3 Years (Annualized) | N/A |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
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 Below Average compared to funds in the same category.
Hartford Floating Rate High Income Fund has an expense ratio of 1.04 percent.
Risk
Risk is N/A compared to funds in the same category according to Morningstar.
