Fund Evaluator:
Hartford Dynamic Bond C (HDBCX)
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Best Performing in Multisector Bond Over the Last Year
| 7.1% | Morningstar Multisector Bond (MSTMX) |
| 6.0% | Fidelity Advisor Strategic Income Z (FIWDX) |
| 5.4% | Russell Inv Opportunistic Credit Y (RGCYX) |
| 5.4% | Russell Inv Opportunistic Credit M (RGOTX) |
| 5.2% | Payden Managed Income SI (PKBIX) |
Fund Details
Hartford Dynamic Bond C Overview
Hartford Dynamic Bond C (HDBCX) is an actively managed Taxable Bond Multisector Bond fund. Hartford Mutual Funds launched the fund in 2022.
The investment seeks to provide long-term total return. The fund seeks to achieve its investment objective by investing in domestic and foreign fixed income securities that the sub-adviser considers to be attractive from a total return perspective. Under normal circumstances, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in fixed-income securities. The fund normally invests in both investment grade fixed income securities and non-investment grade fixed income securities (also known as “junk bonds”).
About Hartford Dynamic Bond C (HDBCX)
There are 2 members of the management team with an average tenure of 3.29 years: Connor Fitzgerald (2022), Schuyler Reece (2024). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: Bloomberg US Agg Bond TR USD index with a weighting of 100%. Hartford Dynamic Bond C has 213 securities in its portfolio. The top 10 holdings constitute 44.6% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Hartford Dynamic Bond C is part of the Fixed Income global asset class and is within the Taxable Bond fund group. Hartford Dynamic Bond C has 15.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 93.3% (77.5% domestic bond, 15.7% foreign bond and 0.0% convertible bond). Hartford Dynamic Bond C has 6.8% of the portfolio in cash.
Assets Under Management
The fund has $20 million in total assets, which is below the $1 billion average for the Multisector Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
HDBCX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Hartford Dynamic Bond C expense ratio is high compared to funds in the Multisector Bond category. Hartford Dynamic Bond C has an expense ratio of 1.83%, which is 95% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Hartford Dynamic Bond C has a portfolio turnover rate of 798%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 162% for the Multisector Bond category.
Recently, in the month of July 2026, Hartford Dynamic Bond C returned -1.1%, which earned it a grade of F, as the Multisector Bond category had an average return of -0.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Hartford Dynamic Bond C has a trailing yield of 2.97%, which is below the 5.31% category average. The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Hartford Dynamic Bond C Grades
Year to date, the fund has returned -0.7%, 1.6 percentage points worse than the category, which translates into a grade of F. The fund has returned 1.3% over the past year (grade of F) and 4.9% over the past three years (grade of F).
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HDBCX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| HDBCX Return (NAV) | -1.1% | -0.7% | 1.3% | 4.9% | na | na |
| HDBCX Grade | F | F | F | F | na | na |
| +/- Category | -0.4% | -0.8% | -3.0% | -1.4% | na | na |
| Multisector Bond Avg | -0.7% | 0.0% | 4.3% | 6.3% | 2.4% | 3.5% |
| HDBCX Tax Cost Ratio | na | na | 1.8% | 1.8% | na | na |
HDBCX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| HDBCX Return (NAV) | -0.7% | 5.7% | 4.1% | 9.6% | na | na | na | na | na | na | na |
| HDBCX Grade | F | F | F | B | na | na | na | na | na | na | na |
| +/- Category | -1.6% | -2.4% | -1.6% | 1.2% | na | na | na | na | na | na | na |
| Multisector Bond Avg | 0.9% | 8.1% | 5.7% | 8.4% | -10.1% | 2.2% | 6.3% | 10.3% | -1.9% | 6.6% | 7.5% |
| Risk Measures | |
| Standard Deviation: | 4.8% |
| Total Risk Index: | 0.39 - Low |
| Category Risk Index: | 1.07 - Above Average |
| Category Risk Grade: | D (60% Rank) |
| Beta: | 0.81 |
| R-Squared: | 91% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Moderate Sensitivity |
| Yield: | 3.0% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $4141 Mil |
| Fund Total Assets: | $ 20 Mil |
| Share Class Type: | C |
| Portfolio Turnover: | 798% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 4.2 years | |||
| Average Tenure: 3.3 years | |||
| Managers (Year): Fitzgerald Connor (2022), Reece Schuyler (2024) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 213 |
| % in Top 10 Holdings: | 44.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 15.7% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 77.5% |
| Foreign Bond: | 15.7% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 6.8% |
Purchase Information
| Fund Family: | Hartford Mutual Funds |
| Phone Number: | 888-843-7824 |
| Website: | www.hartfordfunds.com |
| Status: | Open |
| Inception Date: | June 7, 2022 |
| Min. Initial Purchase: | $2,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 1.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 1.00% |
Expenses and Fees | |
| Expense Ratio (%): | 1.83% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.94% |
| Share Class: | Hartford Dynamic Bond R6 |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 0 |
