HIPRX

About HIPRX

Hartford Inflation Plus Fund R3 is a mutual fund designed to provide a total return that exceeds the rate of inflation over an economic cycle. Its primary function is to help investors hedge against inflation by investing predominantly in Treasury Inflation-Protected Securities (TIPS), which adjust their principal values in response to changes in the Consumer Price Index. The fund also has the flexibility to allocate assets to other income-generating sectors that may benefit from rising inflation, including developed and emerging market debt, bank loans, mortgage-backed securities, and high-yield credit. Managed with a multi-sector approach, the fund typically maintains a diversified portfolio, with the majority allocated to U.S. government-backed securities, ensuring a high overall credit quality. This focus positions it as a tool for investors seeking to preserve purchasing power in inflationary environments. Hartford Inflation Plus Fund R3 is further distinguished by its sub-advisory relationship with Wellington Management, known for independent research and multi-asset expertise. By offering monthly dividends and maintaining a moderate portfolio turnover, the fund plays a key role for those looking to target inflation-adjusted returns within fixed income allocations.