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Add These 3 Hartford Mutual Funds to Your Portfolio

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Hartford Funds, a segment of The Hartford Financial Services Group, Inc. (HIG), has total assets of around $121.1 billion under management (as of Sep 30, 2018). The company claims to manage at least 50 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 Global Growth HLS IB  seeks appreciation of capital. The fund maintains a diversified portfolio by investing a bulk of its assets in common stocks of companies located throughout the world, which may also include the U.S. Hartford Global Growth HLS IB. It has returned 10.8% over the past three years.

As of September 2018, HBGLX held 128 issues, with 4.47% of its assets invested in Amazon.com Inc.

Hartford Small Company HLS Fund IA (HIASX - Free Report) primarily invests its assets in common stocks issued by small-capitalization companies. The fund may also invest almost one-fifth of its assets in securities of non-U.S. issuers. Small-capitalization companies are those whose market capitalization falls within the collective range of the Russell 2000 and S&P SmallCap 600 indices. Hartford Small Company HLS Fund IA has returned 10.5% in the last three years.

Steven C. Angeli has been one of the fund managers of HIASX since 2000.

Hartford Stock HLS IA (HSTAX - Free Report) invests in equity securities of companies irrespective of their market capitalization. However, it invests a significant portion of its assets in securities of large-cap companies whose market-cap is similar to those listed on the Russell 1000 Index. HSTAX may also invest a maximum of 20% of its assets in securities of non-U.S. companies. Hartford Stock HLS IA has a three-year annualized return of 10.2%.

HSTAX has an expense ratio of 0.52% as compared to the category average of 0.99%.

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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