HBVLX Fees and Costs — Hartford Value Hls Fund, Class IB
Data updated: 2020-08-25
The net expense ratio is 0.97%: a 0.67% management fee, a 0.25% 12b-1 fee plus 0.05% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $167K in broker commissions, 0.0383% of average net assets, and portfolio turnover was 43%.
HBVLX Fees and Expenses
Annual operating expenses and sales charges of HBVLX. Prospectus, as of December 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.67% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.05% |
| Gross expense ratio | 0.97% |
| Fee waiver | — |
| Net expense ratio | 0.97% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
HBVLX Costs Over Time
On $10,000 invested in HBVLX, assuming 5% a year before costs, total costs come to $631 over 5 years, cutting the return by 1.06% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.97%) | $102 | $318 | $551 |
| Trading costs (broker commissions) | $4 | $13 | $22 |
| Lost growth on money paid in costs | $0 | $16 | $58 |
| Total costs | $106 | $347 | $631 |
| Value after costs | $10,394 | $11,230 | $12,132 |
| Impact on return, per year | 1.06% | 1.06% | 1.06% |
HBVLX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0383%
- Total broker commissions: $167K
- Bought from dealers (principal trades, not a cost): $192.2M
- Portfolio turnover (prospectus): 43%
- Securities on loan, average value: $975K
- Net income from securities lending: $41K (0.009% of average net assets)
HBVLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $20K | 15.13% |
| BofA Securities, Inc. | $20K | 14.64% |
| Citigroup Global Markets Inc. | $17K | 12.35% |
| Goldman Sachs & Co. LLC | $17K | 12.32% |
| Credit Suisse Securities (USA) LLC | $16K | 11.50% |
| Societe Generale | $15K | 11.26% |
| J.P. Morgan Securities LLC | $12K | 8.62% |
| Morgan Stanley & Co. LLC | $7K | 5.13% |
| Barclays Capital Inc. | $6K | 4.68% |
| RBC Capital Markets, LLC | $6K | 4.36% |
HBVLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $190.9M | 99.33% |
| Morgan Stanley & Co. LLC | $1.3M | 0.67% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.