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3 Hartford Mutual Funds You Should Grab Today

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Hartford Funds, a segment of The Hartford Financial Services Group, Inc., 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, highly rated securities and foreign securities, including those from emerging markets. HSNAX has three-year annualized returns of 7.2%.

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 fall 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 15.6%.

HAIAX has an expense ratio of 0.74% compared with the category average of 0.90%.

Hartford Municipal Opportunities Fund Class A (HHMAX - Free Report) aims to provide current income that is generally exempt from federal income taxes and long-term total return. The fund invests the majority of its assets in municipal securities, and up to 35% of its net assets may be invested in non-investment grade municipal securities. HHMAX has three-year annualized returns of 4.2%.

As of the end of December 2020, HHMAX held 691 issues with 1.49% of its assets invested in TEXAS ST 0.12%.

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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