3 / 5 Stars
4 4 5 1 2
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#48 in Short-Term Bond
U.S. News evaluated 128 Short-Term 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 2.61 percent over the past year, 2.35 percent over the past three years, 3.60 percent over the past five years, and 2.94 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||1.2%|
|3 Years (Annualized)||2.3%|
|5 Years (Annualized)||3.6%|
|10 Years (Annualized)||2.9%|
The investment seeks to provide current income and long-term total return. The fund seeks its goal by investing in securities that the sub-adviser considers to be attractive giving consideration to both yield and total return. It normally invests in "investment grade" securities. The fund may invest up to 35% of its net assets in securities rated below "investment grade" as well as bank loans or loan participation interests in secured or unsecured variable, fixed or floating rate loans to U.S. and foreign corporations, partnerships and other entities ("Bank Loans"). It normally will maintain a dollar weighted average duration of less than 3 years.
Fees are Low compared to funds in the same category.
Hartford Short Duration Fund has an expense ratio of 0.85 percent.
Risk is Average compared to funds in the same category according to Morningstar.