Hartford Floating Rate High Income Fund (HFHIX)
The fund invests at least 80% of its assets in a portfolio of: (i) below-investment grade variable or floating rate loans and floating rate securities; (ii) high yield fixed-rate loans or debt securities with respect to which it has entered into interest rate swaps to effectively convert the fixed-rate interest payments into floating-rate interest payments; and (iii) fixed-rate instruments with a duration of less than or equal to one year, including money market securities of all types, repurchase agreements, and shares of money market and short-term bond funds.
Fund Info
US41664M1514
41664M151
Sep 29, 2011
$2,000
Expense Ratio
HFHIX features an expense ratio of 0.80%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Hartford Floating Rate High Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Hartford Floating Rate High Income Fund had a return of 1.04% year-to-date (YTD) and 8.01% in the last 12 months. Over the past 10 years, Hartford Floating Rate High Income Fund had an annualized return of 4.32%, while the S&P 500 had an annualized return of 11.29%, indicating that Hartford Floating Rate High Income Fund did not perform as well as the benchmark.
HFHIX
1.04%
0.81%
4.16%
8.01%
4.00%
4.32%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of HFHIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.15% | 1.04% | |||||||||||
| 2024 | 0.48% | 0.77% | 0.49% | -0.47% | 0.91% | 0.77% | 1.06% | 0.84% | 0.97% | 0.06% | 1.15% | 0.15% | 7.41% |
| 2023 | 2.81% | 0.50% | -0.77% | 0.82% | 0.14% | 2.21% | 1.18% | 0.79% | 0.58% | -0.42% | 1.42% | 1.76% | 11.53% |
| 2022 | -0.25% | -0.79% | 0.10% | -0.36% | -3.30% | -3.30% | 2.63% | 1.15% | -3.22% | 0.56% | 1.63% | 0.72% | -4.55% |
| 2021 | 1.07% | 0.78% | 0.16% | 0.47% | 0.21% | 0.80% | -0.36% | 0.26% | 0.79% | -0.02% | -0.57% | 0.88% | 4.55% |
| 2020 | 0.37% | -1.51% | -14.59% | 5.14% | 4.91% | 0.77% | 1.57% | 1.86% | 0.31% | -0.35% | 2.92% | 1.17% | 1.05% |
| 2019 | 2.68% | 1.63% | -0.29% | 1.88% | -0.69% | 0.52% | 0.83% | -0.33% | 0.68% | -0.44% | 0.57% | 1.93% | 9.29% |
| 2018 | 1.04% | 0.02% | 0.16% | 0.65% | -0.24% | -0.03% | 0.99% | 0.39% | 0.69% | -0.20% | -1.20% | -2.54% | -0.31% |
| 2017 | 0.86% | 0.90% | 0.02% | 0.52% | 0.54% | -0.18% | 0.83% | -0.17% | 0.52% | 0.93% | -0.06% | 0.43% | 5.27% |
| 2016 | -1.90% | -0.29% | 3.88% | 3.39% | 0.89% | 0.34% | 1.71% | 1.06% | 1.03% | 1.17% | 0.14% | 1.55% | 13.63% |
| 2015 | -0.54% | 2.01% | 0.46% | 1.52% | 0.29% | -0.86% | -0.47% | -1.47% | -1.11% | 0.04% | -1.42% | -1.86% | -3.43% |
| 2014 | 0.65% | 0.53% | 0.42% | 0.28% | 0.75% | 0.74% | -0.28% | 0.39% | -1.17% | 0.12% | -0.07% | -3.89% | -1.62% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 97, HFHIX is among the top 3% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Hartford Floating Rate High Income Fund (HFHIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Hartford Floating Rate High Income Fund provided a 7.33% dividend yield over the last twelve months, with an annual payout of $0.65 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.65 | $0.66 | $0.76 | $0.45 | $0.35 | $0.37 | $0.47 | $0.62 | $0.39 | $0.50 | $0.52 | $0.51 |
Dividend yield | 7.33% | 7.47% | 8.55% | 5.20% | 3.62% | 3.87% | 4.76% | 6.55% | 3.91% | 5.00% | 5.60% | 5.10% |
Monthly Dividends
The table displays the monthly dividend distributions for Hartford Floating Rate High Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.05 | $0.00 | $0.05 | ||||||||||
| 2024 | $0.06 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.05 | $0.07 | $0.66 |
| 2023 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.05 | $0.06 | $0.06 | $0.06 | $0.11 | $0.76 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.06 | $0.45 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 | $0.35 |
| 2020 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.47 |
| 2018 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.21 | $0.62 |
| 2017 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.39 |
| 2016 | $0.05 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.50 |
| 2015 | $0.05 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.52 |
| 2014 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.06 | $0.51 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Hartford Floating Rate High Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Hartford Floating Rate High Income Fund was 23.30%, occurring on Mar 24, 2020. Recovery took 196 trading sessions.
The current Hartford Floating Rate High Income Fund drawdown is 0.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.3% | Jan 22, 2020 | 44 | Mar 24, 2020 | 196 | Dec 31, 2020 | 240 |
| -11.18% | Sep 2, 2014 | 365 | Feb 11, 2016 | 140 | Aug 31, 2016 | 505 |
| -8.21% | Jan 21, 2022 | 114 | Jul 6, 2022 | 248 | Jun 30, 2023 | 362 |
| -4.42% | Oct 8, 2018 | 56 | Dec 27, 2018 | 42 | Feb 28, 2019 | 98 |
| -1.97% | May 13, 2013 | 31 | Jun 25, 2013 | 25 | Jul 31, 2013 | 56 |
Volatility
Volatility Chart
The current Hartford Floating Rate High Income Fund volatility is 0.68%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.