HLDFX: Hartford Emerging Markets Local Debt F

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HLDFX Hartford Emerging Markets Local Debt F


Profile

HLDFX - Profile

Vitals

  • YTD Return -9.1%
  • 3 Yr Annualized Return -11.0%
  • 5 Yr Annualized Return N/A
  • Net Assets $76.8 M
  • Holdings in Top 10 86.0%

52 WEEK LOW AND HIGH

$5.41
$4.57
$5.97

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.02%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 110.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Emerging-Markets Local-Currency Bond

Distributions

  • YTD Total Return -9.1%
  • 3 Yr Annualized Total Return -1.7%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 5.44%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Hartford Emerging Markets Local Debt Fund
  • Fund Family Name
    Hartford Mutual Funds
  • Inception Date
    Feb 28, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Valone

Fund Description

The fund will normally invest at least 80% of its assets in local currency-denominated emerging markets debt securities, as well as forwards and other derivative instruments that provide market exposure to such securities. It will invest primarily in these non-U.S. dollar currencies. The fund will invest in both investment grade and non-investment grade debt securities (also referred to as "junk bonds") from emerging markets. It is non-diversified.


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Categories

Fund Company Quick Screens

HLDFX - Fund Company Quick Screens


Performance

HLDFX - Performance

Return Ranking - Trailing

Period HLDFX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.1% -26.6% 10.9% 90.62%
1 Yr -8.5% -33.8% 15.4% 87.64%
3 Yr -11.0%* -22.8% 6.0% 98.10%
5 Yr N/A* -23.5% 19.8% 20.23%
10 Yr N/A* -15.0% 11.0% N/A

* Annualized

Return Ranking - Calendar

Period HLDFX Return Category Return Low Category Return High Rank in Category (%)
2019 8.4% -21.7% 32.8% 36.90%
2018 -14.6% -35.5% 3.9% 92.93%
2017 N/A -15.9% 20.0% N/A
2016 N/A -13.3% 210.7% N/A
2015 N/A -71.0% 5.0% N/A

Total Return Ranking - Trailing

Period HLDFX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.1% -26.6% 10.9% 90.62%
1 Yr -8.5% -33.8% 15.4% 87.64%
3 Yr -1.7%* -22.8% 6.6% 70.16%
5 Yr N/A* -23.5% 26.7% 28.63%
10 Yr N/A* -15.0% 13.5% N/A

* Annualized

Total Return Ranking - Calendar

Period HLDFX Return Category Return Low Category Return High Rank in Category (%)
2019 9.3% -21.7% 32.8% 29.30%
2018 -8.4% -35.5% 3.9% 61.05%
2017 N/A -15.9% 21.6% N/A
2016 N/A -13.3% 233.7% N/A
2015 N/A -71.0% 6.6% N/A

NAV & Total Return History


Holdings

HLDFX - Holdings

Concentration Analysis

HLDFX Category Low Category High HLDFX % Rank
Net Assets 76.8 M 963 K 13 B 67.81%
Number of Holdings 438 4 3984 33.74%
Net Assets in Top 10 -265 K -1.28 B 61.2 B 98.35%
Weighting of Top 10 85.97% 5.6% 288.6% 14.68%

Top 10 Holdings

  1. B9d0j80b7 Irs Czk P F 1.39000 99d0j80b7 Ccpvanilla 12.66%
  2. B9d0j80b7 Irs Czk R V 06mpribo 99d0j80e1 Ccpvanilla 12.39%
  3. B9d0j89u6 Irs Zar P F 7.35000 99d0j89u6 Ccpvanilla 9.60%
  4. B9d0j89u6 Irs Zar R V 03mjibar 99d0j89w2 Ccpvanilla 8.82%
  5. 5 Year Treasury Note Future Sept 20 8.28%
  6. 10 Year Treasury Note Future Sept 20 7.73%
  7. 99d0j8r28 Irs Clp P F 1.40000 99d0j8r28 Ndfcamarapromedio 7.32%
  8. 99d0j8r28 Irs Clp R V 12mclicp 99d0j8r36 Ndfcamarapromedio 7.25%
  9. S9d0j89p7 Irs Zar R F 6.14000 99d0j89p7 Ccpvanilla 6.07%
  10. S9d0j89p7 Irs Zar P V 03mjibar 99d0j89n2 Ccpvanilla 5.85%

Asset Allocation

Weighting Return Low Return High HLDFX % Rank
Bonds
95.33% 72.37% 7856.50% 44.52%
Cash
4.31% -7776.08% 27.29% 41.56%
Convertible Bonds
0.36% 0.00% 17.63% 54.46%
Stocks
0.00% -99.58% 110.51% 86.71%
Preferred Stocks
0.00% 0.00% 5.22% 85.60%
Other
0.00% -11.63% 87.97% 79.70%

Expenses

HLDFX - Expenses

Operational Fees

HLDFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.02% 0.01% 38.91% 67.41%
Management Fee 0.75% 0.00% 1.77% 73.66%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

HLDFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

HLDFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HLDFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 110.00% 0.00% 475.00% 65.37%

Distributions

HLDFX - Distributions

Dividend Yield Analysis

HLDFX Category Low Category High HLDFX % Rank
Dividend Yield 0.00% 0.00% 2.72% 83.15%

Dividend Distribution Analysis

HLDFX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Quarterly

Net Income Ratio Analysis

HLDFX Category Low Category High HLDFX % Rank
Net Income Ratio 5.44% -1.05% 11.37% 15.88%

Capital Gain Distribution Analysis

HLDFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

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Fund Manager Analysis

HLDFX - Fund Manager Analysis

Managers

James Valone


Start Date

Tenure

Tenure Rank

May 31, 2011

9.09

9.1%

James W. Valone, CFA senior managing director, fixed income portfolio manager and chair of Wellington Management’s Emerging Markets Debt Strategy Group. James and his team manage client portfolios invested in the emerging debt and currency markets. Jim has more than 20 years of experience in the industry. Prior to joining Wellington Management in 1999, Jim was an emerging markets debt portfolio manager at Baring Asset Management (1997 – 1999). He also worked at Fidelity Investments as an emerging markets debt portfolio manager and regional analyst covering Latin America (1989 – 1997) and at Northwest Quadrant, Inc. in Newport Beach, California, where he was a portfolio manager (1985 – 1987). Jim received his MBA from the University of Chicago (1989) and his BA in economics from Pomona College (1985). Jim also holds the Chartered Financial Analyst designation. Wellington Management Company, LLP is not affiliated with Nuveen, LLC.

Michael Henry


Start Date

Tenure

Tenure Rank

Mar 01, 2015

5.34

5.3%

Michael T. Henry is Managing Director, Vice President and Fixed Income Portfolio Manager of Wellington Management. Mr. Henry joined Wellington Management as an investment professional in 2014. Prior to joining Wellington Management in 2014, Mr. Henry worked as a partner and portfolio manager at Tandem Global Partners (2012 to 2014), a New York-based hedge fund. Prior to that he was an executive director and proprietary trader in emerging markets at JPMorgan (2004 to 2012), specializing in relative value and arbitrage in rates and currencies. Mr. Henry began his career as an investment professional at Lehman Brothers as an Associate, Fixed Income Research in 1996.

Kevin Murphy


Start Date

Tenure

Tenure Rank

Mar 01, 2017

3.33

3.3%

Kevin Murphy Managing Director and Fixed Income Portfolio Manager As a portfolio manager, Kevin works with our Emerging Markets Debt Investment Team to develop investment strategy in the sector. Kevin joined Wellington Management in 2016. Prior to that, he worked at Putnam (1999 – 2016), BancBoston (1996 – 1999) and at ING Baring Securities in New York City (1991 – 1996). Kevin received his BS in electrical engineering from Columbia University’s School of Engineering and Applied Science (1987).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 28.28 6.1 10.84