Fund Evaluator:
Hartford Inflation Plus C (HIPCX)
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Fund Details
Hartford Inflation Plus C Overview
Hartford Inflation Plus C (HIPCX) is an actively managed Taxable Bond Inflation-Protected Bond fund. Hartford Mutual Funds launched the fund in 2002.
The investment seeks a total return that exceeds the rate of inflation over an economic cycle. The fund seeks its investment objective by investing at least 65% of its net assets in inflation-protected debt securities that the sub-adviser considers to be attractive from a real yield perspective consistent with total return. It normally invests in the following types of inflation-protected debt securities: inflation-protected debt securities issued by the U.S. Treasury, inflation-protected debt securities issued by U.S. government agencies and instrumentalities, and inflation-protected debt securities issued by other entities, such as foreign governments.
About Hartford Inflation Plus C (HIPCX)
There are 2 members of the management team with an average tenure of 4.80 years: Brij Khurana (2021), Jeremy Forster (2022). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and Bloomberg US Treasury US TIPS TR USD index with a weighting of 100%. Hartford Inflation Plus C has 212 securities in its portfolio. The top 10 holdings constitute 51.5% 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 Inflation Plus C is part of the Fixed Income global asset class and is within the Taxable Bond fund group. Hartford Inflation Plus C has -6.3% 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 92.0% (98.3% domestic bond, -6.3% foreign bond and 3.7% convertible bond). Hartford Inflation Plus C has 4.3% of the portfolio in cash.
Assets Under Management
The fund has $6 million in total assets, which is below the $872 million average for the Inflation-Protected 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.
HIPCX 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 Inflation Plus C expense ratio is high compared to funds in the Inflation-Protected Bond category. Hartford Inflation Plus C has an expense ratio of 1.63%, which is 122% 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 Inflation Plus C has a portfolio turnover rate of 28%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 74% for the Inflation-Protected Bond category.
Recently, in the month of June 2026, Hartford Inflation Plus C returned -0.6%, which earned it a grade of D, as the Inflation-Protected Bond category had an average return of -0.6%. 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 Inflation Plus C has a trailing yield of 3.94%, which is below the 4.07% 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 Inflation Plus C Grades
Year to date, the fund has returned 1.0%, 0.0 percentage points worse than the category, which translates into a grade of C. The fund has returned 3.1% over the past year (grade of C), 3.9% over the past three years (grade of C) and 1.0% per year over the past five years (grade of B) and 1.8% per year over the past 10 years (grade of D).
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HIPCX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| HIPCX Return (NAV) | -0.6% | 0.6% | 3.1% | 3.9% | 1.0% | 1.8% |
| HIPCX Grade | D | F | C | C | B | D |
| +/- Category | -0.0% | -0.1% | -0.1% | 0.1% | 0.4% | -0.4% |
| Inflation-Protected Bond Avg | -0.6% | 0.7% | 3.2% | 3.8% | 0.6% | 2.2% |
| HIPCX Tax Cost Ratio | na | na | 1.6% | 1.2% | 1.4% | 1.1% |
HIPCX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| HIPCX Return (NAV) | 1.0% | 6.6% | 1.2% | 4.0% | -9.6% | 4.1% | 8.4% | 5.9% | -2.1% | 1.0% | 3.3% |
| HIPCX Grade | C | C | F | B | A | D | F | F | D | F | F |
| +/- Category | -0.0% | -0.1% | -0.6% | 0.6% | 2.6% | -1.0% | -2.7% | -2.1% | -0.1% | -1.9% | -1.2% |
| Inflation-Protected Bond Avg | 1.1% | 6.7% | 1.8% | 3.3% | -12.3% | 5.1% | 11.1% | 8.0% | -1.9% | 2.9% | 4.5% |
| Risk Measures | |
| Standard Deviation: | 3.8% |
| Total Risk Index: | 0.31 - Low |
| Category Risk Index: | 0.84 - Low |
| Category Risk Grade: | A (9% Rank) |
| Beta: | 0.62 |
| R-Squared: | 83% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Moderate Sensitivity |
| Yield: | 3.9% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $366 Mil |
| Fund Total Assets: | $ 6 Mil |
| Share Class Type: | C |
| Portfolio Turnover: | 28% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 5.3 years | |||
| Average Tenure: 4.8 years | |||
| Managers (Year): Khurana Brij (2021), Forster Jeremy (2022) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 212 |
| % in Top 10 Holdings: | 51.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | -6.3% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 98.3% |
| Foreign Bond: | -6.3% |
| Convertible Bond: | 3.7% |
| Other: | 0.0% |
| Cash: | 4.3% |
Purchase Information
| Fund Family: | Hartford Mutual Funds |
| Phone Number: | 888-843-7824 |
| Website: | www.hartfordfunds.com |
| Status: | Open |
| Inception Date: | October 31, 2002 |
| 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 (%): | 1.63% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.73% |
| Share Class: | Hartford Inflation Plus A |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 0 |
