HVOFX Fees and Costs — Hartford Quality Value Fund, Class F
Data updated: 2023-09-27
The net expense ratio is 0.46%: a 0.45% management fee plus 0.10% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $32K in broker commissions, 0.0135% of average net assets, and portfolio turnover was 24%.
HVOFX Fees and Expenses
Annual operating expenses and sales charges of HVOFX. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.10% |
| Gross expense ratio | 0.55% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.46% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
HVOFX Costs Over Time
On $10,000 invested in HVOFX, assuming 5% a year before costs, total costs come to $299 over 5 years, cutting the return by 0.50% 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 0.46%) | $48 | $152 | $264 |
| Trading costs (broker commissions) | $1 | $4 | $8 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $50 | $164 | $299 |
| Value after costs | $10,450 | $11,413 | $12,464 |
| Impact on return, per year | 0.50% | 0.50% | 0.50% |
HVOFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0135%
- Total broker commissions: $32K
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
HVOFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $5K | 20.71% |
| Morgan Stanley & Co. LLC | $4K | 16.17% |
| Credit Suisse Securities (USA) LLC | $4K | 14.63% |
| J.P. Morgan Securities LLC | $3K | 10.36% |
| UBS Securities LLC | $2K | 8.32% |
| Stifel, Nicolaus & Company, Incorporated | $2K | 8.11% |
| Jefferies LLC | $2K | 6.21% |
| BofA Securities, Inc. | $1K | 5.76% |
| Goldman Sachs & Co. LLC | $1K | 5.20% |
| Citigroup Global Markets Inc. | $1K | 4.52% |
HVOFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $1.2B | 100.00% |
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.