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Invest in These 3 Hartford Mutual Funds for Handsome Returns

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Hartford Funds, a segment of The Hartford Financial Services Group, Inc. (HIG), had total assets worth $123.7 billion under management (as of Sep 30, 2020). The company claims to manage more than 50 mutual funds across a wide range of styles and asset classes. It was founded in 1810 and is a well-recognized insurer in the United States.

Hartford Funds focuses on meeting and even exceeding “traditional industry benchmarks” through “human-centric investing.”Management believes that human-centric investing can help create solutions, products and advisor tools to strengthen the company’s bottom line as well as improved its advisor-client relationships.

Below we share with you three top-ranked Hartford mutual funds. Each has 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 funds.

The Hartford Strategic Income Fund Class A (HSNAX - Free Report) aims for total returns in the long run with growth of income. The fund invests in debt securities issued by U.S. and non-U.S. companies, which are expected to offer high returns. Investments in debt securities include junk bonds and highly-rated securities. HSNAX has three-year annualized returns of 5.5%.

Campe Goodman is one of the fund managers of HSNAX since 2012.

Hartford Core Equity Fund Class A (HAIAX - Free Report) targets capital expansion. The fund invests the majority of its assets in common stocks of the company that falls under a broad range of market capitalizations. The fund manager tends to focus on large-capitalization companies with market capitalizations similar to those on the S&P 500 Index. HAIAX has three-year annualized returns of 12.2%.

HAIAX has an expense ratio of 0.74% compared with the category average of 0.91%.

Hartford Global Impact Fund Class A (HGXAX - Free Report) aims for long-term capital appreciation. The fund invests in equity securities of issuers located throughout the world including non-dollar securities and securities of the emerging market issuers. HGXAX has three-year annualized returns of 9.6%.

As of the end of October 2020, HGXAX held 69 issues with 3.39% of its assets invested in Danaher Corp.

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

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