3 / 5 Stars
4 4 3 4 3
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#10 in Multisector Bond
U.S. News evaluated 80 Multisector Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 11.52 percent over the past year, 6.48 percent over the past three years, and 9.41 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||6.1%|
|3 Years (Annualized)||6.5%|
|5 Years (Annualized)||9.4%|
|10 Years (Annualized)||N/A|
The investment seeks current income and long-term total return. The fund seeks to achieve its goal by investing primarily in domestic and foreign debt securities that the sub-adviser, Wellington Management Company, LLP ("Wellington Management"), considers to be attractive from a yield perspective while considering total return. It normally invests in non-investment grade debt securities (also known as "junk bonds"), highly rated securities and foreign securities, including those from emerging markets.
Fees are Low compared to funds in the same category.
Hartford Strategic Income Fund has an expense ratio of 0.95 percent.
Risk is Average compared to funds in the same category according to Morningstar.