Morningstar

Hartford MidCap Y HMDYX

Morningstar Medalist Rating
Medalist Rating as of | See Hartford Funds Investment Hub
  • NAV / 1-Day Return 35.89  /  −0.99 %
  • Total Assets 5.7 Bil
  • Adj. Expense Ratio
    0.850%
  • Expense Ratio 0.850%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Mid-Cap Growth
  • Investment Style Mid Growth
  • Min. Initial Investment 250,000
  • Status Open
  • TTM Yield 0.00
  • Turnover 35%

USD | NAV as of Oct 01, 2024 | 1-Day Return as of Oct 01, 2024, 10:17 PM GMT+0

Morningstar’s Analysis HMDYX

Will HMDYX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HMDYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HMDYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of HMDYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Hartford MidCap Is Under Review as Lead Manager Phil Ruedi to Depart at Year's End

null Drew Carter

Drew Carter

Analyst Note

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.

by Drew Carter
Published on

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Portfolio Holdings HMDYX

More HMDYX Holdings
  • 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

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