The Hartford is trading at 6.93 as of the 27th of November 2024; that is 0.14% down since the beginning of the trading day. The fund's open price was 6.94. The Hartford has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for The Hartford High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of May 2024 and ending today, the 27th of November 2024. Click here to learn more.
The fund normally invests at least 80, and may invest up to 100, of its assets in non-investment grade debt securities. In seeking to achieve the funds investment objective, the sub-adviser invests in specific issuers and securities that the funds sub-adviser considers to be attractive for providing current income as well as total return. More on The Hartford High
The Hartford High [HAHYX] is traded in USA and was established 27th of November 2024. The Hartford is listed under Hartford Mutual Funds category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of Hartford Mutual Funds family. This fund currently has accumulated 384.59 M in assets under management (AUM) with no minimum investment requirementsHartford High is currently producing year-to-date (YTD) return of 7.14% with the current yeild of 0.01%, while the total return for the last 3 years was 3.17%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on The Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding The Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as The Hartford High Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
The Hartford financial ratios help investors to determine whether The Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in The with respect to the benefits of owning The Hartford security.