HFLIX

About HFLIX

Hartford Floating Rate Fund Class I is an actively managed mutual fund focused on generating high current income and long-term total return through exposure to **floating-rate bank loans** and other variable-rate, below–investment-grade credit. The strategy normally invests at least 80% of assets in loans and floating-rate securities, emphasizing instruments whose coupons adjust with short-term benchmarks, helping reduce interest-rate sensitivity relative to traditional fixed-rate bonds. Sub-advised by Wellington Management, the portfolio is broadly diversified across industries and issuers, with hundreds of holdings and a mandate that may include select foreign borrowers and non‑USD securities within defined limits. The fund sits in the **Bank Loan** category and distributes income on a monthly basis, reflecting its focus on leveraged loan cash flows. With an objective centered on current income and total return, it plays a role in credit allocations for investors seeking exposure to senior secured loans, lower duration characteristics, and differentiated credit risk premia within the broader fixed income market.