HLDIX: Hartford Emerging Markets Local Debt Fund - MutualFunds.com
Continue to site >
Trending ETFs

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

HLDIX - Snapshot

Vitals

  • YTD Return -2.4%
  • 3 Yr Annualized Return 3.6%
  • 5 Yr Annualized Return 4.9%
  • Net Assets $67 M
  • Holdings in Top 10 33.9%

52 WEEK LOW AND HIGH

$5.75
$5.32
$5.90

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.07%

SALES FEES

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

BROKERAGE FEES

  • Turnover 99.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $5,000
  • IRA N/A

Fund Classification

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

Compare HLDIX to Popular Emerging Markets Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$112.77

+0.15%

$19.68 B

3.83%

$4.31

-2.60%

0.39%

$15.05

+0.13%

$9.27 B

3.98%

$0.60

-2.08%

0.83%

$8.31

+0.12%

$7.88 B

4.43%

$0.37

-2.35%

0.85%

$14.83

+0.14%

$5.94 B

3.71%

$0.55

-1.79%

0.81%

$11.46

+0.18%

$5.08 B

4.49%

$0.51

-1.12%

0.90%

HLDIX - Profile

Distributions

  • YTD Total Return -2.4%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return 4.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.43%
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
    May 31, 2011
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • 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.


HLDIX - Performance

Return Ranking - Trailing

Period HLDIX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.4% -58.7% 15.1% 72.80%
1 Yr 11.2% -12.5% 35.8% 56.99%
3 Yr 3.6%* -3.4% 11.6% 70.25%
5 Yr 4.9%* -2.9% 10.0% 52.34%
10 Yr 1.2%* -2.3% 7.2% 66.07%

* Annualized

Return Ranking - Calendar

Period HLDIX Return Category Return Low Category Return High Rank in Category (%)
2020 -1.3% -20.2% 99.4% 79.49%
2019 8.6% -9.9% 13.5% 47.56%
2018 -14.8% -31.2% 73.9% 94.28%
2017 -8.3% -9.1% 14.2% 99.04%
2016 4.6% -9.2% 219.0% 55.11%

Total Return Ranking - Trailing

Period HLDIX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.4% -58.7% 15.1% 72.53%
1 Yr 11.2% -13.3% 35.8% 48.49%
3 Yr 3.6%* -3.4% 11.6% 67.42%
5 Yr 4.9%* -2.9% 10.0% 46.78%
10 Yr 1.2%* -2.3% 6.9% 65.48%

* Annualized

Total Return Ranking - Calendar

Period HLDIX Return Category Return Low Category Return High Rank in Category (%)
2020 -1.3% -20.2% 99.4% 79.49%
2019 9.4% -9.9% 17.3% 29.80%
2018 -8.6% -31.2% 0.7% 42.17%
2017 16.9% 0.0% 17.0% 0.64%
2016 9.9% -9.2% 242.1% 18.61%

NAV & Total Return History


HLDIX - Holdings

Concentration Analysis

HLDIX Category Low Category High HLDIX % Rank
Net Assets 67 M 242 K 19.7 B 74.67%
Number of Holdings 342 3 1550 33.51%
Net Assets in Top 10 8.75 M -116 M 1.74 B 75.60%
Weighting of Top 10 33.86% 1.0% 99.8% 25.41%

Top 10 Holdings

  1. Us 10yr Note (Cbt)jun21 Xcbt 20210621 8.42%
  2. Us 10yr Note (Cbt)jun21 Xcbt 20210621 8.42%
  3. Us 10yr Note (Cbt)jun21 Xcbt 20210621 8.42%
  4. Us 10yr Note (Cbt)jun21 Xcbt 20210621 8.42%
  5. Us 10yr Note (Cbt)jun21 Xcbt 20210621 8.42%
  6. Us 10yr Note (Cbt)jun21 Xcbt 20210621 8.42%
  7. Us 10yr Note (Cbt)jun21 Xcbt 20210621 8.42%
  8. Us 10yr Note (Cbt)jun21 Xcbt 20210621 8.42%
  9. Us 10yr Note (Cbt)jun21 Xcbt 20210621 8.42%
  10. Us 10yr Note (Cbt)jun21 Xcbt 20210621 8.42%

Asset Allocation

Weighting Return Low Return High HLDIX % Rank
Bonds
95.53% -0.85% 124.97% 43.16%
Cash
3.32% -31.23% 102.29% 61.13%
Convertible Bonds
1.15% 0.00% 14.88% 19.30%
Stocks
0.00% -0.41% 8.23% 72.12%
Preferred Stocks
0.00% 0.00% 0.01% 61.93%
Other
0.00% -2.27% 9.57% 63.27%

HLDIX - Expenses

Operational Fees

HLDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.07% 0.04% 40.50% 59.94%
Management Fee 0.75% 0.00% 1.50% 68.60%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.65% N/A

Sales Fees

HLDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

HLDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.50% 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.

HLDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 99.00% 0.00% 302.00% 74.72%

HLDIX - Distributions

Dividend Yield Analysis

HLDIX Category Low Category High HLDIX % Rank
Dividend Yield 0.00% 0.00% 2.09% 64.64%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

HLDIX Category Low Category High HLDIX % Rank
Net Income Ratio 4.43% -2.36% 10.00% 51.64%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

HLDIX - Fund Manager Analysis

Managers

James Valone


Start Date

Tenure

Tenure Rank

May 31, 2011

10.01

10.0%

James W. Valone, CFA Senior Managing Director, Partner, and Fixed Income Portfolio Manager Jim has been a portfolio manager and chair of Wellington Management’s Emerging Markets Debt Team since its inception in 1999. He and his team manage portfolios invested in the emerging debt and currency markets for a wide range of investors — including pension funds, mutual funds, endowments, and central banks — focusing on the integrity of our fixed income investment processes and achieving the investment goals of our clients. In addition, he leads our Fixed Income Risk Advisory Council efforts and is an important member of the Fixed Income Review Group, where he has significant impact providing peer feedback to other fixed income investors. Prior to joining the firm 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). Additionally, he holds the Chartered Financial Analyst designation.

Michael Henry


Start Date

Tenure

Tenure Rank

Mar 01, 2015

6.25

6.3%

Michael T. Henry, Managing Director and Fixed Income Portfolio Manager of Wellington Management, has been involved in portfolio management for the Fund since 2015. 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

4.25

4.3%

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
0.05 26.44 5.78 5.11