Hartford MidCap's Morningstar Medalist Rating is now Under Review after the announcement that lead manager Phil Ruedi will leave subadvisor Wellington at year's end. He'll be replaced by Tim Egan, a partner at Wellington whose prior experience at the firm was as an analyst and portfolio manager on an international contrarian team that ran long-only and long-short strategies. Egan has served as a manager on this strategy for a brief period—since June 20, 2024—having joined the team as an analyst about a year before that. Poor performance has plagued this strategy since 2017, having outpaced the Russell Midcap Growth in just one calendar year out of the past eight, including 2024 so far. That has caused considerable client withdrawals: The fund has seen nearly $12 billion leave since 2019.
Hartford MidCap A HFMCX
- NAV / 1-Day Return 26.68 / +1.37 %
- Total Assets 5.6 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.110%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category Mid-Cap Growth
- Investment Style Mid Growth
- Min. Initial Investment 2,000
- Status Open
- TTM Yield 0.00
- Turnover 35%
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0
Morningstar’s Analysis HFMCX
Will HFMCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 22.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Targa Resources Corp | 2.56 | 144.6 Mil | Energy |
Monolithic Power Systems Inc | 2.47 | 139.4 Mil | Technology |
Datadog Inc Class A | 2.41 | 136.1 Mil | Technology |
CyberArk Software Ltd | 2.36 | 133.2 Mil | Technology |
NVR Inc | 2.19 | 123.4 Mil | Consumer Cyclical |
WEX Inc | 2.10 | 118.4 Mil | Technology |
Veeva Systems Inc Class A | 2.07 | 116.7 Mil | Healthcare |
DraftKings Inc Ordinary Shares - Class A | 1.96 | 110.6 Mil | Consumer Cyclical |
MongoDB Inc Class A | 1.92 | 108.4 Mil | Technology |
PTC Inc | 1.92 | 108.2 Mil | Technology |