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What grade does HGHAX get?

Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.

C

Fundprints Fund Grade · as of 2026-09-01

The Hartford Healthcare Fund Class A

#171 of 440 graded active funds · blend · large segment peer group

The point · specialist footprint

HGHAX puts more of its book behind proven specialists than 71% of graded funds.

Bottom 20%

Bottom 40%

Middle

● Top 40%

Top 20%

beat the S&P in 22% of quarters+3.8 pts/qtr better · 43% beat rate

That has mattered: over the past 2.7 years, funds on this rung beat bottom-rung funds by about 3.8 points per quarter, and beat the S&P in 43% of fund-quarters versus their 22%. The evidence argues this fund earns its seat.

2,825 graded funds · 2.7 years of filings, measured as they were published · evidence, not advice

3 funds in the same segment carry an A — members see the names and what they charge. See the alternatives →

The grade scores this fund's specialist share — the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.

Conviction exposure

29%

of the book in specialist-converged names

Late-stage weight

24.5%

of the book in Crowded or Fading names

Active share

96%

how far it strays from the index

The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.

Inside the book — top names by stage · as of 2026-09-09

Early Conviction
VRTX 2.4%ASND 0.7%SRRK 0.5%+2 locked
Consensus
LLY 12.2%MRK 6.4%JNJ 5.9%+31 locked
Emerging
ABT 2.8%DHR 2.7%DNTH 0.4%+1 locked
Crowded
CVS 2.5%BSX 2.3%UTHR 1.2%+6 locked
Fading
ISRG 3.7%EW 2.6%HCA 1.8%+9 locked

We email you the day it crosses 50% crowded, and where you stand every month.

Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.

The read · what to do with it

HGHAX earns a C grade, ranking 171 of 440 graded funds, with only 29% specialist backing. The most striking concern is that ISRG, EW, and HCA are all Fading, meaning proven specialists are actively leaving those positions. ABT, DHR, and VRTX offer some early-stage interest, but higher-graded peers in this segment exist and may be worth comparing.

Watch the combined Fading weight in ISRG, EW, and HCA closely, as specialist exits there signal weakening conviction.

Compare this fund against the three higher-graded healthcare segment peers before adding new money, given the C grade.

Support leaving these positions

ISRG 3.7% of the fund · Fading

EW 2.6% of the fund · Fading

CVS 2.5% of the fund · Crowded

BSX 2.3% of the fund · Crowded

HCA 1.8% of the fund · Fading

Where it's genuinely early

ABT 2.8% of the fund · Emerging

DHR 2.7% of the fund · Emerging

VRTX 2.4% of the fund · Early Conviction

Read from today's disclosed book. Evidence, not advice.

The evidence base updates this week.

The specialists — not the whales — are already positioned for what comes next. Stop finding out last.

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