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THE HARTFORD INFLATION PLUS FUND
mutual fund
HIPAX
Payout Change
Pending
Price as of:
$9.89
+0.0
+0.0%
primary theme
TIPS
share class
HIPAX (Mutual Fund)
THE HARTFORD INFLATION PLUS FUND
Payout Change
Pending
Price as of:
$9.89
+0.0
+0.0%
primary theme
TIPS
share class
HIPAX (Mutual Fund)
THE HARTFORD INFLATION PLUS FUND
Payout Change
Pending
Price as of:
$9.89
+0.0
+0.0%
primary theme
TIPS
share class
Name
As of 12/31/2024Price
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
Vitals
YTD Return
0.0%
1 yr return
1.9%
3 Yr Avg Return
-0.9%
5 Yr Avg Return
2.2%
Net Assets
$329 M
Holdings in Top 10
64.2%
52 WEEK LOW AND HIGH
$9.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.87%
SALES FEES
Front Load 4.50%
Deferred Load N/A
TRADING FEES
Turnover 84.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/31/2024Price
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
HIPAX - Profile
Distributions
- YTD Total Return 0.0%
- 3 Yr Annualized Total Return -0.9%
- 5 Yr Annualized Total Return 2.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.18%
- Dividend Yield 2.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameTHE HARTFORD INFLATION PLUS FUND
-
Fund Family NameHARTFORD FUNDS
-
Inception DateNov 05, 2002
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJoseph Marvan
Fund Description
The Fund seeks its investment objective by investing at least 65% of its net assets in inflation-protected debt securities that the Fund’s sub-adviser, Wellington Management Company LLP (“Wellington Management”), considers to be attractive from a real yield perspective consistent with total return. The Fund 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. The Fund will also opportunistically invest up to 35% of its net assets in other asset classes, including, but not limited to, nominal treasury securities, currencies, corporate bonds, asset-backed securities, mortgage-related securities, and commercial mortgage-backed securities. 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 Fund normally invests at least 80% of its net assets in securities of “investment grade” quality. The Fund may invest up to 35% of its net assets in securities of foreign issuers and non-dollar securities, including inflation-protected securities of foreign issuers. The Fund may use derivatives, including forward contracts, futures and options and swap agreements to manage risk (including to mitigate the effects of foreign currency fluctuations) or for other investment purposes. The Fund may trade securities actively. 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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HIPAX - Performance
Return Ranking - Trailing
| Period | HIPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.0% | -6.6% | 8.0% | 32.34% |
| 1 Yr | 1.9% | -10.5% | 8.0% | 55.22% |
| 3 Yr | -0.9%* | -18.4% | 7.6% | 37.76% |
| 5 Yr | 2.2%* | -8.0% | 5.0% | 35.98% |
| 10 Yr | 2.0%* | -2.5% | 3.4% | 44.27% |
* Annualized
Return Ranking - Calendar
| Period | HIPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2024 | -1.0% | -14.2% | 4.6% | 22.11% |
| 2023 | 1.3% | -52.3% | 5.1% | 48.98% |
| 2022 | -13.9% | -45.5% | 7.7% | 15.54% |
| 2021 | 2.0% | -29.4% | 14.3% | 41.27% |
| 2020 | 7.5% | 0.8% | 23.0% | 71.96% |
Total Return Ranking - Trailing
| Period | HIPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.0% | -6.6% | 8.0% | 32.34% |
| 1 Yr | 1.9% | -10.5% | 8.0% | 55.22% |
| 3 Yr | -0.9%* | -18.4% | 7.6% | 37.76% |
| 5 Yr | 2.2%* | -8.0% | 5.0% | 35.98% |
| 10 Yr | 2.0%* | -2.5% | 3.4% | 44.27% |
* Annualized
Total Return Ranking - Calendar
| Period | HIPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2024 | 1.9% | -11.1% | 7.9% | 10.05% |
| 2023 | 4.8% | -36.7% | 9.5% | 52.04% |
| 2022 | -8.9% | -40.1% | 37.6% | 48.19% |
| 2021 | 4.9% | -0.6% | 27.5% | 39.68% |
| 2020 | 9.2% | 2.8% | 26.8% | 66.14% |
NAV & Total Return History
HIPAX - Holdings
Concentration Analysis
| HIPAX | Category Low | Category High | HIPAX % Rank | |
|---|---|---|---|---|
| Net Assets | 329 M | 963 K | 54.3 B | 72.14% |
| Number of Holdings | 202 | 2 | 1463 | 37.81% |
| Net Assets in Top 10 | 211 M | 913 K | 25.5 B | 68.66% |
| Weighting of Top 10 | 64.20% | 9.4% | 100.1% | 35.50% |
Top 10 Holdings
- U.S. Treasury Inflation-Indexed Notes 13.60%
- U.S. Treasury Inflation-Indexed Notes 9.79%
- U.S. Treasury Inflation-Indexed Notes 7.84%
- U.S. Treasury Inflation-Indexed Notes 6.03%
- U.S. Treasury Inflation-Indexed Notes 6.02%
- U.S. Treasury Inflation-Indexed Notes 5.85%
- U.S. Treasury Inflation-Indexed Notes 3.92%
- U.S. Treasury Inflation-Indexed Notes 3.88%
- U.S. Treasury Inflation-Indexed Notes 3.72%
- U.S. Treasury Inflation-Indexed Notes 3.57%
Asset Allocation
| Weighting | Return Low | Return High | HIPAX % Rank | |
|---|---|---|---|---|
| Bonds | 96.55% | 0.00% | 206.20% | 65.67% |
| Cash | 1.80% | -42.00% | 15.77% | 33.83% |
| Other | 1.65% | -58.58% | 66.48% | 35.82% |
| Convertible Bonds | 0.12% | 0.00% | 3.96% | 34.83% |
| Stocks | 0.00% | 0.00% | 100.06% | 71.64% |
| Preferred Stocks | 0.00% | 0.00% | 1.89% | 75.62% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | HIPAX % Rank | |
|---|---|---|---|---|
| Government | 85.73% | 6.70% | 112.97% | 62.19% |
| Corporate | 4.38% | 0.00% | 50.64% | 28.36% |
| Securitized | 3.88% | 0.00% | 58.03% | 41.29% |
| Derivative | 0.61% | -26.67% | 16.13% | 42.79% |
| Cash & Equivalents | 0.12% | 0.00% | 15.13% | 67.66% |
| Municipal | 0.00% | 0.00% | 1.28% | 78.61% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | HIPAX % Rank | |
|---|---|---|---|---|
| US | 87.07% | 0.00% | 184.29% | 84.08% |
| Non US | 9.48% | 0.00% | 43.27% | 9.95% |
HIPAX - Expenses
Operational Fees
| HIPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.87% | 0.03% | 22.29% | 32.66% |
| Management Fee | 0.39% | 0.00% | 0.99% | 76.12% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 51.69% |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| HIPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 4.50% | 1.00% | 4.75% | 20.00% |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| HIPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | 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.
| HIPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 84.00% | 0.00% | 246.00% | 76.04% |
HIPAX - Distributions
Dividend Yield Analysis
| HIPAX | Category Low | Category High | HIPAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.03% | 0.00% | 14.25% | 77.61% |
Dividend Distribution Analysis
| HIPAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
| HIPAX | Category Low | Category High | HIPAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.18% | -0.06% | 6.71% | 68.18% |
Capital Gain Distribution Analysis
| HIPAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 27, 2024 | $0.022 | OrdinaryDividend |
| Nov 27, 2024 | $0.017 | OrdinaryDividend |
| Oct 28, 2024 | $0.012 | OrdinaryDividend |
| Sep 26, 2024 | $0.013 | OrdinaryDividend |
| Aug 27, 2024 | $0.012 | OrdinaryDividend |
| Apr 26, 2024 | $0.059 | OrdinaryDividend |
| Mar 26, 2024 | $0.036 | OrdinaryDividend |
| Nov 29, 2023 | $0.028 | OrdinaryDividend |
| Oct 30, 2023 | $0.035 | OrdinaryDividend |
| Sep 27, 2023 | $0.025 | OrdinaryDividend |
| Aug 29, 2023 | $0.031 | OrdinaryDividend |
| Jul 28, 2023 | $0.027 | OrdinaryDividend |
| Jun 28, 2023 | $0.043 | OrdinaryDividend |
| May 30, 2023 | $0.033 | OrdinaryDividend |
| Apr 27, 2023 | $0.055 | OrdinaryDividend |
| Mar 29, 2023 | $0.054 | OrdinaryDividend |
| Dec 28, 2022 | $0.047 | OrdinaryDividend |
| Nov 29, 2022 | $0.006 | OrdinaryDividend |
| Sep 28, 2022 | $0.001 | ReturnOfCapital |
| Sep 28, 2022 | $0.024 | OrdinaryDividend |
| Aug 30, 2022 | $0.005 | ReturnOfCapital |
| Aug 30, 2022 | $0.103 | OrdinaryDividend |
| Jul 28, 2022 | $0.004 | ReturnOfCapital |
| Jul 28, 2022 | $0.076 | OrdinaryDividend |
| Jun 28, 2022 | $0.003 | ReturnOfCapital |
| Jun 28, 2022 | $0.065 | OrdinaryDividend |
| May 27, 2022 | $0.004 | ReturnOfCapital |
| May 27, 2022 | $0.091 | OrdinaryDividend |
| Apr 28, 2022 | $0.003 | ReturnOfCapital |
| Apr 28, 2022 | $0.063 | OrdinaryDividend |
| Mar 29, 2022 | $0.002 | ReturnOfCapital |
| Mar 29, 2022 | $0.045 | OrdinaryDividend |
| Feb 25, 2022 | $0.001 | ReturnOfCapital |
| Feb 25, 2022 | $0.021 | OrdinaryDividend |
| Jan 28, 2022 | $0.001 | ReturnOfCapital |
| Jan 28, 2022 | $0.026 | OrdinaryDividend |
| Dec 29, 2021 | $0.255 | OrdinaryDividend |
| Nov 29, 2021 | $0.013 | OrdinaryDividend |
| Oct 28, 2021 | $0.014 | OrdinaryDividend |
| Sep 28, 2021 | $0.041 | OrdinaryDividend |
| Dec 29, 2020 | $0.181 | OrdinaryDividend |
| Dec 27, 2019 | $0.181 | OrdinaryDividend |
| Dec 27, 2018 | $0.378 | ExtraDividend |
| Dec 27, 2017 | $0.485 | OrdinaryDividend |
| Dec 28, 2016 | $0.127 | OrdinaryDividend |
| Dec 13, 2013 | $0.408 | CapitalGainLongTerm |
| Nov 20, 2012 | $0.309 | CapitalGainShortTerm |
| Nov 20, 2012 | $0.113 | CapitalGainLongTerm |
| Nov 21, 2011 | $0.249 | CapitalGainShortTerm |
| Nov 21, 2011 | $0.266 | CapitalGainLongTerm |
| Nov 19, 2010 | $0.313 | CapitalGainShortTerm |
| Nov 19, 2010 | $0.210 | CapitalGainLongTerm |
| Nov 19, 2009 | $0.069 | CapitalGainShortTerm |
| Sep 22, 2006 | $0.030 | OrdinaryDividend |
| Aug 28, 2006 | $0.035 | OrdinaryDividend |
| Jul 26, 2006 | $0.052 | OrdinaryDividend |
| Jun 27, 2006 | $0.060 | OrdinaryDividend |
| May 25, 2006 | $0.043 | OrdinaryDividend |
| Apr 25, 2006 | $0.026 | OrdinaryDividend |
| Mar 28, 2006 | $0.009 | OrdinaryDividend |
| Feb 23, 2006 | $0.009 | OrdinaryDividend |
| Dec 21, 2005 | $0.077 | OrdinaryDividend |
| Nov 23, 2005 | $0.071 | OrdinaryDividend |
| Nov 10, 2005 | $0.034 | CapitalGainLongTerm |
| Oct 26, 2005 | $0.071 | OrdinaryDividend |
| Sep 27, 2005 | $0.050 | OrdinaryDividend |
| Aug 26, 2005 | $0.039 | OrdinaryDividend |
| Jul 26, 2005 | $0.027 | OrdinaryDividend |
| Jun 27, 2005 | $0.032 | OrdinaryDividend |
| May 25, 2005 | $0.037 | OrdinaryDividend |
| Apr 26, 2005 | $0.028 | OrdinaryDividend |
| Mar 28, 2005 | $0.020 | OrdinaryDividend |
| Feb 23, 2005 | $0.018 | OrdinaryDividend |
| Jan 26, 2005 | $0.018 | OrdinaryDividend |
| Dec 23, 2004 | $0.040 | OrdinaryDividend |
| Nov 24, 2004 | $0.038 | OrdinaryDividend |
| Nov 10, 2004 | $0.027 | CapitalGainShortTerm |
| Nov 10, 2004 | $0.062 | CapitalGainLongTerm |
| Oct 28, 2004 | $0.028 | OrdinaryDividend |
| Sep 27, 2004 | $0.023 | OrdinaryDividend |
| Aug 26, 2004 | $0.027 | OrdinaryDividend |
| Jul 27, 2004 | $0.036 | OrdinaryDividend |
| Jun 25, 2004 | $0.033 | OrdinaryDividend |
| May 25, 2004 | $0.031 | OrdinaryDividend |
| Apr 27, 2004 | $0.031 | OrdinaryDividend |
| Mar 26, 2004 | $0.033 | OrdinaryDividend |
| Feb 24, 2004 | $0.016 | OrdinaryDividend |
| Jan 27, 2004 | $0.011 | OrdinaryDividend |
| Dec 23, 2003 | $0.020 | OrdinaryDividend |
| Nov 24, 2003 | $0.018 | OrdinaryDividend |
| Nov 10, 2003 | $0.041 | CapitalGainShortTerm |
| Oct 28, 2003 | $0.022 | OrdinaryDividend |
| Sep 25, 2003 | $0.026 | OrdinaryDividend |
| Aug 26, 2003 | $0.015 | OrdinaryDividend |
| Jul 28, 2003 | $0.011 | OrdinaryDividend |
| Jun 25, 2003 | $0.007 | OrdinaryDividend |
| May 27, 2003 | $0.025 | OrdinaryDividend |
| Apr 25, 2003 | $0.043 | OrdinaryDividend |
| Mar 26, 2003 | $0.041 | OrdinaryDividend |
| Feb 25, 2003 | $0.020 | OrdinaryDividend |
| Jan 28, 2003 | $0.019 | OrdinaryDividend |
| Dec 23, 2002 | $0.018 | OrdinaryDividend |
| Nov 25, 2002 | $0.017 | OrdinaryDividend |
HIPAX - Fund Manager Analysis
Managers
Joseph Marvan
Start Date
Tenure
Tenure Rank
May 06, 2015
7.07
7.1%
Joseph F. Marvan, CFA, Senior Managing Director and Fixed Income Portfolio Manager of Wellington Management, has served as a portfolio manager of the Fund since 2012. Mr. Marvan joined Wellington Management as an investment professional in 2003. Joe is a fixed income portfolio manager and serves as chair of the US Broad Market Team. As chair, Joe is responsible for setting aggregate risk levels and investment strategy in Core Bond Plus, Core Bond, Intermediate Bond, and Long Bond portfolios. Prior to joining Wellington Management, Joe was a senior portfolio manager and head of US Fixed Income at State Street Global Advisors, working on a wide range of fixed income portfolios, including those concentrating on total return, mortgage-backed securities, non-dollar bonds, and investment grade credit (1996 – 2003). Prior to that, he worked at both The Boston Company and Shearson Lehman Brothers in Fixed Income Portfolio Management and Trading (1988 – 1996). Joe earned his MBA, magna cum laude, from Babson College (Olin, 2001) and his BS in finance from Ithaca College (1987). Additionally, Joe holds the Chartered Financial Analyst designation and is a member of the CFA Institute.
Brij Khurana
Start Date
Tenure
Tenure Rank
Mar 01, 2021
1.25
1.3%
Brij S. Khurana Managing Director and Portfolio Manager，Managed fund since 2020 Brij is a portfolio manager within Investment Boutiques. He manages global total return and unconstrained fixed income portfolios. Prior to joining Wellington Management Company LLP , Brij was a senior vice president and portfolio manager at Pacific Investment Management Company (PIMCO), where he managed core, unconstrained, and multi-credit fixed income portfolios. He started his professional career trading structured products at Goldman, Sachs & Co. Brij received his MBA from Harvard Business School (2011) and a BA in economics from Princeton University (2007), with honors.
Jeremy Forster
Start Date
Tenure
Tenure Rank
Mar 29, 2022
0.17
0.2%
Mr. Forster, Managing Director and Fixed Income Portfolio Manager of Wellington Management, joined the firm as an investment professional in 2011.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.17 | 20.51 | 6.56 | 11.1 |
