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3 Top Hartford Mutual Funds for High Returns

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Hartford Funds, a segment of The Hartford Financial Services Group, Inc. (HIG - Free Report) , has total assets of $115.3 billion under management (as of Dec 31, 2017). The company claims to manage at least 55 mutual funds across a wide range of styles and asset classes. Hartford Financial Services was founded in 1810 and is a well-recognized insurance company in the United States.

Hartford Funds focuses on meeting and even exceeding “traditional industry benchmarks” through “human-centric investing.” The company believes that human-centric investing can help in creating solutions, products and advisor tools, which help in strengthening bottom lines and improving advisor-client relationships.

Below we share with you three top-ranked Hartford mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Hartford funds.

Hartford High Yield A (HAHAX - Free Report) seeks a high level of returns and even better returns in the long run. HAHAX invests a large chunk of its assets in non-investment grade debt securities. The fund focuses on investing in those securities and specific issuers that the fund's sub-adviser expects to offer both income and returns. Hartford High Yield A has returned 4.1% in the last one-year period.

Christopher A. Jones is one of the fund managers of HAHAX since 2012.

Hartford Small Company HLS (HDMBX - Free Report) invests in common stocks of companies that have strong capital growth potential. HDMBX’s sub-adviser, Wellington Management Company, LLP, invests a majority of its assets in common stocks of companies that fall within the range of both the Russell 2000 and S&P SmallCap 600 Indices. The fund seeks appreciation of capital. Hartford Small Company HLS has returned 22.5% over the last one-year period.

As of February 2018, HDMBX held 225 issues, with 2.92% of its assets invested in Planet Fitness Inc A.

Hartford Strategic Income A (HSNAX - Free Report) seeks total returns over the long run with growth of income. HSNAX invests heavily in debt securities issued by U.S. and non-U.S. companies, which are expected to offer high returns. It invests in debt securities including junk bonds and highly rated securities. Hartford Strategic Income A has returned 5% in the last one-year period.

HSNAX has an expense ratio of 0.96% compared with the category average of 1.02%.

To view the Zacks Rank and past performance of all Hartford mutual funds, investors can click here to see the complete list of funds.

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