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Focus on These 3 Hartford Mutual Funds for Strong Gains

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Hartford Funds, a segment of The Hartford Financial Services Group, Inc. (HIG - Free Report) , has total assets of around $117 billion under management (as of Jun 30, 2018). 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 the bottom line 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 MidCap HLS IB (HBMCX - Free Report)  seeks capital growth for the long run. HBMCX invests the majority of its assets in common stocks of mid-cap companies. These are companies whose market-cap falls within the range of the S&P MidCap 400 and Russell Midcap Indices. The fund’s sub-adviser, Wellington Management Company LLP chooses stocks for its investment. Hartford MidCap HLS IB has returned 25.4% over the past year.

Mark A. Whitaker is one of the fund managers of HBMCX since 2010.

Hartford Small Cap Growth HLS IB (HBSGX - Free Report) invests a large chunk of its assets in common stocks of small-cap companies. HBSGX seeks companies that are expected to have above-average growth prospects. The fund focuses on small-cap companies included on the S&P SmallCap 600 and Russell 2000 indices. Hartford Small Cap Growth HLS IB has one-year annualized returns of 26.6%.

HBSGX has an expense ratio of 0.91% compared with the category average of 1.34%.

Hartford Core Equity R4 (HGISX - Free Report) seeks capital growth. HGISX invests a huge portion of its assets in common stocks. The fund maintains a diverse portfolio by investing in different companies and industries, with the fund adviser focusing on investing in large-cap companies that have market-cap similar to those included on the S&P 500 index. Hartford Core Equity R4 has returned 20.6% over the past one year.

As of July 2018, HGISX held 76 issues, with 2.98% of its assets invested in Alphabet Inc A.

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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