Hartford Inflation Plus Fund (HIPAX)
The investment seeks a total return that exceeds the rate of inflation over an economic cycle. The fund seeks its investment objective by investing at least 65% of its net assets in inflation-protected debt securities that the sub-adviser considers to be attractive from a real yield perspective consistent with total return. It normally invests in the following types of inflation-protected debt securities: inflation-protected debt securities issued by the U.S. Treasury, inflation-protected debt securities issued by U.S. government agencies and instrumentalities, and inflation-protected debt securities issued by other entities, such as foreign governments.
Fund Info
| ISIN | US4166461560 |
|---|---|
| CUSIP | 416646156 |
| Issuer | Hartford |
| Inception Date | Oct 30, 2002 |
| Category | Inflation-Protected Bonds |
| Min. Investment | $2,000 |
| Asset Class | Bond |
Expense Ratio
HIPAX has a high expense ratio of 0.84%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Hartford Inflation Plus 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 Inflation Plus Fund had a return of -1.05% year-to-date (YTD) and 0.03% in the last 12 months. Over the past 10 years, Hartford Inflation Plus Fund had an annualized return of 1.57%, while the S&P 500 had an annualized return of 10.41%, indicating that Hartford Inflation Plus Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -1.05% | 6.17% |
| 1 month | -0.41% | -2.72% |
| 6 months | 3.15% | 17.29% |
| 1 year | 0.03% | 23.80% |
| 5 years (annualized) | 2.35% | 11.47% |
| 10 years (annualized) | 1.57% | 10.41% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.10% | -0.90% | 0.87% | -1.52% | ||||||||
| 2023 | -0.36% | 2.50% | 2.67% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HIPAX is 9, indicating that it is in the bottom 9% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Hartford Inflation Plus Fund(HIPAX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Hartford Inflation Plus Fund (HIPAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Hartford Inflation Plus Fund granted a 3.24% dividend yield in the last twelve months. The annual payout for that period amounted to $0.32 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.32 | $0.33 | $0.59 | $0.32 | $0.18 | $0.18 | $0.38 | $0.47 | $0.12 | $0.00 | $0.06 | $0.40 |
Dividend yield | 3.24% | 3.32% | 6.00% | 2.82% | 1.61% | 1.73% | 3.79% | 4.46% | 1.14% | 0.00% | 0.59% | 3.79% |
Monthly Dividends
The table displays the monthly dividend distributions for Hartford Inflation Plus 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.04 | $0.06 | ||||||||
| 2023 | $0.00 | $0.00 | $0.05 | $0.06 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.00 |
| 2022 | $0.03 | $0.02 | $0.05 | $0.07 | $0.10 | $0.07 | $0.08 | $0.11 | $0.03 | $0.00 | $0.01 | $0.05 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.01 | $0.01 | $0.26 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 | $0.02 | $0.00 | $0.00 | $0.00 | $0.01 |
| 2013 | $0.40 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Hartford Inflation Plus 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 Inflation Plus Fund was 13.91%, occurring on Nov 24, 2008. Recovery took 199 trading sessions.
The current Hartford Inflation Plus Fund drawdown is 5.96%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.91% | Mar 11, 2008 | 180 | Nov 24, 2008 | 199 | Sep 10, 2009 | 379 |
| -11.61% | Nov 19, 2021 | 231 | Oct 20, 2022 | — | — | — |
| -11.58% | Dec 11, 2012 | 758 | Dec 14, 2015 | 1054 | Feb 24, 2020 | 1812 |
| -9.26% | Mar 5, 2020 | 11 | Mar 19, 2020 | 50 | Jun 1, 2020 | 61 |
| -7.47% | Jun 16, 2003 | 32 | Jul 31, 2003 | 142 | Feb 24, 2004 | 174 |
Volatility
Volatility Chart
The current Hartford Inflation Plus Fund volatility is 1.78%, 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.