- What does HGHAX invest in?
- The fund's core objective is to achieve substantial growth in capital over an extended timeframe. Typically, at least 80% of its total assets are committed to equity investments in companies globally involved in the healthcare industry, with selections made by its sub-adviser, Wellington Management Company LLP. The investment strategy adopts a comprehensive view of the healthcare sector, encompassing a diverse range of enterprises. These may include, but are not limited to, firms specializing in pharmaceuticals, biotechnology, medical device manufacturing and distribution, healthcare service provision, managed health programs, health information technology, and nascent health-related segments.
- What is the expense ratio of HGHAX?
- The Hartford Healthcare Fund Class A (HGHAX) charges an expense ratio of 1.33%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is HGHAX?
- The Hartford Healthcare Fund Class A (HGHAX) manages $787.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is HGHAX actively managed or an index fund?
- HGHAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was HGHAX launched?
- The Hartford Healthcare Fund Class A (HGHAX) launched in April 2000 and is managed by the fund issuer.
- How has HGHAX performed?
- HGHAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.