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Trending ETFs

Name

As of 11/28/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.42

$1.72 B

3.49%

$0.33

1.14%

Vitals

YTD Return

4.7%

1 yr return

5.3%

3 Yr Avg Return

-0.1%

5 Yr Avg Return

1.6%

Net Assets

$1.72 B

Holdings in Top 10

8.2%

52 WEEK LOW AND HIGH

$9.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.14%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 38.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 11/28/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.42

$1.72 B

3.49%

$0.33

1.14%

HSDRX - Profile

Distributions

  • YTD Total Return 4.7%
  • 3 Yr Annualized Total Return -0.1%
  • 5 Yr Annualized Total Return 1.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.34%
DIVIDENDS
  • Dividend Yield 3.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    THE HARTFORD SHORT DURATION FUND
  • Fund Family Name
    HARTFORD FUNDS
  • Inception Date
    Sep 30, 2011
  • Shares Outstanding
    N/A
  • Share Class
    R3
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Timothy Smith

Fund Description

The Fund seeks its investment objective by investing in securities that the sub-adviser, Wellington Management Company LLP (“Wellington Management”), considers to be attractive giving consideration to both yield and total return. The Fund normally invests in investment grade securities. The Fund may invest up to 35% of its net assets in non-investment grade securities (also referred to as “junk bonds”). The Fund may also invest up to 35% of its net assets in 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”). The Fund’s investments in non-investment grade Bank Loans and other non-investment grade securities in the aggregate are not expected to exceed 35% of the Fund’s net assets. The Fund has an investment policy to invest at least 80% of its assets under normal circumstances, in fixed income securities, including Bank Loans.Fixed income securities in which the Fund may invest include, but are not limited to, (1) securities issued or guaranteed as to principal or interest by the U.S. Government, its agencies or instrumentalities; (2) non-convertible and convertible debt securities issued or guaranteed by U.S. corporations or other issuers (including foreign issuers); (3) asset-backed and mortgage-related securities, including collateralized mortgage obligations and collateralized loan obligations; (4) securities and loans issued or guaranteed as to principal or interest by a foreign issuer, including supranational entities such as development banks, non-U.S. corporations, banks or bank holding companies, or other foreign issuers; (5) commercial mortgage-backed securities; (6) zero coupon securities; (7) fixed income related derivatives; and (8) Bank Loans.In order to manage the Fund’s interest rate risk (including the Fund’s duration), generally the Fund will use derivatives such as Treasury futures, options and/or interest rate swaps. The Fund normally will maintain a dollar weighted average duration of less than 3 years. Duration is a measure of the sensitivity of a fixed income security’s price to changes in interest rates. The Fund’s average duration measure incorporates a bond’s yield, coupon, final maturity, and the effect of derivatives that may be used to manage the Fund’s interest rate risk. The Fund may invest up to 25% of its net assets in securities of foreign issuers. The Fund may invest in “Rule 144A” securities, which are privately placed, restricted securities that may only be resold under certain circumstances to other qualified institutional buyers. The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis, including securities acquired or sold in the TBA market.The portfolio managers may allocate a portion of the Fund’s assets to specialists within Wellington Management who implement the individual sector and security selection strategies.
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HSDRX - Performance

Return Ranking - Trailing

Period HSDRX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.7% -3.2% 11.7% 15.54%
1 Yr 5.3% -4.8% 12.0% 17.32%
3 Yr -0.1%* -7.2% 4.3% 39.36%
5 Yr 1.6%* -4.1% 4.1% 40.44%
10 Yr 1.3%* -19.1% 24.9% 40.77%

* Annualized

Return Ranking - Calendar

Period HSDRX Return Category Return Low Category Return High Rank in Category (%)
2022 -6.9% -17.7% -2.6% 48.18%
2021 -1.4% -4.0% 4.4% 32.71%
2020 1.6% -8.3% 7.6% 52.31%
2019 3.3% -2.3% 9.3% 12.70%
2018 -2.0% -4.8% 1.0% 77.80%

Total Return Ranking - Trailing

Period HSDRX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.7% -3.2% 11.7% 15.54%
1 Yr 5.3% -4.8% 12.0% 17.32%
3 Yr -0.1%* -7.2% 4.3% 39.36%
5 Yr 1.6%* -4.1% 4.1% 40.44%
10 Yr 1.3%* -19.1% 24.9% 40.77%

* Annualized

Total Return Ranking - Calendar

Period HSDRX Return Category Return Low Category Return High Rank in Category (%)
2022 -5.1% -17.3% -1.3% 56.91%
2021 0.1% -2.7% 7.7% 46.24%
2020 3.6% -4.4% 14.5% 67.50%
2019 5.9% 0.6% 12.6% 18.06%
2018 0.2% -2.6% 6.4% 77.37%

NAV & Total Return History


HSDRX - Holdings

Concentration Analysis

HSDRX Category Low Category High HSDRX % Rank
Net Assets 1.72 B 14.1 K 58.8 B 41.27%
Number of Holdings 815 2 10280 22.93%
Net Assets in Top 10 145 M 850 K 7.65 B 62.26%
Weighting of Top 10 8.17% 2.0% 123.3% 95.05%

Top 10 Holdings

  1. United States Treasury Note/Bond 2.32%
  2. United States Treasury Note/Bond 1.36%
  3. United States Treasury Note/Bond 0.79%
  4. Stellantis Finance US Inc 0.60%
  5. United States Treasury Note/Bond 0.59%
  6. United States Treasury Note/Bond 0.55%
  7. United States Treasury Note/Bond 0.53%
  8. SG Commercial Mortgage Securities Trust 2020-COVE 0.50%
  9. Manufacturers Traders Trust Co 0.46%
  10. Morgan Stanley 0.46%

Asset Allocation

Weighting Return Low Return High HSDRX % Rank
Bonds
94.72% 0.00% 132.87% 30.16%
Other
4.37% -0.97% 70.50% 53.97%
Convertible Bonds
4.12% 0.00% 27.71% 28.62%
Cash
0.91% -33.84% 61.77% 75.13%
Stocks
0.00% 0.00% 99.76% 74.78%
Preferred Stocks
0.00% 0.00% 23.36% 71.43%

Bond Sector Breakdown

Weighting Return Low Return High HSDRX % Rank
Corporate
59.68% 0.00% 100.00% 18.90%
Securitized
20.97% 0.00% 97.27% 64.13%
Government
16.37% 0.00% 73.63% 54.42%
Municipal
0.41% 0.00% 17.46% 18.90%
Cash & Equivalents
0.01% 0.00% 61.77% 82.36%
Derivative
-0.08% -1.48% 22.76% 73.54%

Bond Geographic Breakdown

Weighting Return Low Return High HSDRX % Rank
US
93.59% 0.00% 129.64% 29.81%
Non US
1.13% 0.00% 78.20% 14.64%

HSDRX - Expenses

Operational Fees

HSDRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.14% 0.01% 19.49% 20.11%
Management Fee 0.38% 0.00% 1.19% 70.72%
12b-1 Fee 0.50% 0.00% 1.00% 69.83%
Administrative Fee N/A 0.01% 0.50% 88.28%

Sales Fees

HSDRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.50% 4.00% N/A

Trading Fees

HSDRX 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.

HSDRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 38.00% 2.00% 500.00% 19.84%

HSDRX - Distributions

Dividend Yield Analysis

HSDRX Category Low Category High HSDRX % Rank
Dividend Yield 3.49% 0.00% 9.93% 55.38%

Dividend Distribution Analysis

HSDRX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

HSDRX Category Low Category High HSDRX % Rank
Net Income Ratio 1.34% -1.27% 4.98% 39.17%

Capital Gain Distribution Analysis

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

Distributions History

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HSDRX - Fund Manager Analysis

Managers

Timothy Smith


Start Date

Tenure

Tenure Rank

Mar 05, 2012

10.24

10.2%

Timothy E. Smith Senior Managing Director, Partner, and Fixed Income Portfolio Manager of Wellington Management, has served as portfolio manager of the Fund since 2013. Mr. Smith joined Wellington Management as an investment professional in 1992. Tim is a fixed income portfolio manager specializing in short-duration investing, including money market, enhanced cash, LIBOR, and short-term bond portfolios. He is chair of the firm’s Short Duration Strategy Group and is a member of the Error Resolution Council and the Financial Reserves Management Team.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 28.77 6.1 2.41