Hartford Floating Rate I
Hartford Mutual Funds P.O. Box 64387 St. Paul, MN 55164-0387
Map
Phone: 888-843-7824
| Category: | Bank Loan | | Fund Family: | Hartford Mutual Funds | | Net Assets: | 252.32M | | Year-to-Date Return: | -2.22% | | Yield: | 6.44% | | Morningstar Rating: | N/A | | Fund Inception Date: | 31-Aug-06 |
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Michael Bacevich
Lead Manager since
29-Apr-05 | | | Bacevich is a managing director and senior portfolio manager of Hartford investment management. He has served as portfolio manager of the fund since its inception. Bacevich joined Hartford Investment Management as head of its Bank Loan Sector in 2004.Prior to that; he was the head of the Bank Loan Unit at CIGNA Investment, Inc. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
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| The investment seeks a high level of current income. The fund normally invests at least 80% of assets in below-investment-grade variable or floating rate loans and floating rate securities. It may invest up to 25% of assets in loans of foreign borrowers and securities of foreign issuers, and up to 10% of assets in foreign loans or securities that are denominated in a foreign currency. The fund is nondiversified. |
| Last Dividend
(29-Aug-08):
| 0.04 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 62.00% | | Average for Category:
| 81.07% |
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| Expense | HFLIX | Category
Avg | | Total Expense Ratio: | 0.71%
| 1.41% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 3.26% | | Max Deferred Sales Load: | 0.00%
| 2.13% | | 3 Yr Expense Projection*: |
$230 | $641 | | 5 Yr Expense Projection*: |
$401 | $918 | | 10 Yr Expense Projection*: |
$894 | $1,862 |
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