The Hartford Floating Rate Fund Class I (HFLIX) is a mutual fund that primarily invests in floating rate loans and other debt securities. These types of investments have variable interest rates that adjust with market conditions, making them less sensitive to changes in interest rates. This fund is designed for investors seeking a higher level of income and potential protection against rising interest rates. It is managed by The Hartford, a well-established financial services company, and is classified as a Class I fund, which typically has lower fees and minimum investment requirements. HFLIX may be a suitable option for investors looking for a diversified fixed income portfolio with potential for higher returns.