- What does HWDVX invest in?
- The fund generally allocates more than 80% of its capital to a diverse array of fixed-income instruments. These encompass government bonds from both domestic and international issuers, corporate debt, mortgage-backed securities, other asset-backed products, participations in loans, inflation-indexed securities, structured financial products, and instruments featuring variable, floating, or inverse floating interest rates, alongside preferred equity. A minimum of 75% of its net assets will be invested in debt securities classified as investment grade; however, the fund retains the flexibility to commit up to 50% of its net assets to lower-rated, below-investment-grade securities. This fund is structured as a non-diversified investment vehicle.
- What is the expense ratio of HWDVX?
- The Hartford World Bond Fund (HWDVX) charges an expense ratio of 0.62%. This is the annual fee deducted from fund assets to cover management and operations.
- What is HWDVX's dividend yield?
- HWDVX's trailing-twelve-month yield is 5.32%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of HWDVX?
- Effective duration measures HWDVX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. HWDVX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of HWDVX?
- HWDVX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of HWDVX?
- Yield to maturity (YTM) is the total return you'd earn from HWDVX if every bond in the portfolio is held to maturity at the current price. HWDVX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
