HQBSX — The Hartford Quality Bond Fund
Data updated: 2020-06-24
HQBSX — The Hartford Quality Bond Fund. Bond · $138.47M AUM · 0.95% expense ratio. Holdings, fees, performance and SEC filings.
HQBSX Fund Overview
HQBSX — The Hartford Quality Bond Fund is a US mutual fund managed by Hartford Mutual Funds, INC, categorised as Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Hartford Mutual Funds, INC
- Category: Bond
- Assets under management: $138.47M
- Ticker: HQBSX
- SEC CIK: 0001006415
- SEC series ID: S000039124
- Share class ID: C000120377
HQBSX Investment Objective and Strategy
The Hartford Quality Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Hartford Mutual Funds, INC.
Investment objective
The Fund seeks to maximize total return while providing a high level of current income consistent with prudent investment risk.
Principal investment strategy
The Fund seeks to achieve its investment objective by investing in securities that the sub-adviser, Wellington Management Company LLP (Wellington Management), considers to be attractive from a total return perspective while providing current income. The Fund normally invests at least 80% of its assets in investment grade, fixed-income securities. Investment grade securities are securities that are rated investment grade by a nationally recognized statistical rating organization (NRSRO), or are considered by Wellington Management to be of equivalent credit quality. The Fund generally invests a significant portion of its assets in mortgage-related securities, such as agency mortgage-backed securities, non-agency mortgage-backed securities and collateralized mortgage obligations, and other obligations that are secured by mortgages or mortgage-backed securities, although the amount the Fund invests in such securities may change significantly from time to time based on current market conditions.
The Fund is permitted to invest without limitation in mortgage-backed securities issued by U.S. Government agencies, including the Government National Mortgage Association (Ginnie Mae), the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). The Fund may invest up to 30% of its net assets in non-agency residential and commercial mortgage-backed securities and asset backed securities, including collateralized loan obligations. The Fund may invest in both U.S. Treasury obligations and in obligations of U.S. Government agencies or instrumentalities. The Fund may use reverse repurchase transactions, repurchase agreements and dollar rolls. The Fund may use derivative instruments, including futures contracts, options, and swaps, to enhance returns, manage portfolio risk or for other investment purposes.
The Fund may trade securities actively and may invest in debt securities of any maturity. The Fund normally maintains a dollar weighted average duration of between 1 and 8 years. Duration is a measure of the sensitivity of a fixed income securitys price to changes in interest rates. The Funds average duration measure incorporates a bonds yield, coupon, final maturity, and the effect of derivatives, such as interest rate swaps and futures that may be used to manage the Funds interest rate risk. The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis, including securities acquired or sold in the to be announced (TBA) market. The Fund may invest in Rule 144A securities, which are privately placed, restricted securities that may only be resold under certain circumstances to other qualified institutional buyers.
HQBSX Costs and Fees
HQBSX costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 0.98%
- Portfolio turnover: 59%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
HQBSX Cashflows
Over the 12 months to 2020-04, The Hartford Quality Bond Fund had net inflows of $2.38M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-04 | −$19.62M |
| 2020-03 | $14.69M |
| 2020-02 | $447.13K |
| 2020-01 | $1.57M |
| 2019-12 | $2.09M |
| 2019-11 | $1.98M |
HQBSX Debt Constituents
No individual debt constituents are reported in The Hartford Quality Bond Fund's latest SEC N-PORT filing.
HQBSX Prospectus and SEC Filings
Official The Hartford Quality Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-03-20
- Prospectus (485BPOS) — filed 2019-03-21
- Prospectus (485BPOS) — filed 2018-03-20
- Portfolio holdings (N-PORT) — filed 2020-06-24
- Portfolio holdings (N-PORT) — filed 2020-03-31
- Portfolio holdings (N-PORT) — filed 2019-12-27
- Annual census (N-CEN) — filed 2020-01-14
- Annual census (N-CEN) — filed 2019-01-14
Related Funds
Other Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.