3 Hartford Mutual Funds for Superlative Returns

HIBSX HSNAX HIASX

The Hartford Financial Services Group, Inc. was founded in 1810 and is a renowned insurance company in the United States. The company believes that “human-centric investing can create solutions and advisor tools that not only strengthen bottom lines but strengthen advisor-client relationships by helping investors better realize their true-life goals.”

Hartford Funds — a segment of Hartford Financial Services — had total assets of $127 billion under management as of Dec 31, 2019 (excluding affiliated funds of funds). The company manages more than 50 mutual funds across a wide range of styles and asset classes.

Below we share with you three top-ranked Hartford mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and #2 (Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.

Hartford Small Company HLS Fund Class 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. HIASX has returned 17.2% in the last three years.

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

Hartford Stock HLS Fund Class IB (HIBSX - Free Report) seeks capital appreciation over the long run. Though HIBSX invests in equity securities of companies irrespective of their market capitalization, a significant portion of its assets are from securities of companies with market capitalization similar to those listed on the Russell 1000 Index. The fund may also invest a maximum of 20% of its assets in securities of foreign companies. HIBSX has three-year annualized returns of 15.6%.

As of the end of January 2020, HIBSX held 44 issues, with 3.86% of its assets invested in Coca-Cola Co.

The Hartford Strategic Income Fund Class A (HSNAX - Free Report) aims to offer current income and long-term total return. The fund invests in a diversified portfolio of fixed-income securities. The fund usually invests in non-investment grade debt securities, foreign securities and highly-rated securities etc. HSNAX has three-year annualized returns of 6.1%.

HSNAX has an expense ratio of 0.95% 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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