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3 Hartford Mutual Funds You Must Buy Today

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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 [also] 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 $153.8 billion under management as of Jun 30, 2021 (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 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 7.5%.

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

Hartford Core Equity Fund Class R5 (HGITX - Free Report) aims for capital appreciation by investing the majority of its assets in common stocks. It maintains a widely diversified portfolio and across a broad range of market capitalizations. The fund, however, focuses on large capitalization companies with market capitalizations similar to those in the S&P 500 Index. HGXAX has three-year annualized returns of 18.4%.

As of the end of July 2021, HGITX held 74 issues, with 5.7% of its assets invested in Alphabet Inc Class A.

Hartford Small Company HLS (HDMBX - Free Report) invests in common stocks of companies that have strong capital growth potential. HDMBX’s sub-adviser, Wellington Management Company, LLP, invests a huge chunk of its assets in common stocks of companies within the range of both the S&P SmallCap 600 and Russell 2000 indices. The fund may also invest around one-fifth of its assets in foreign companies. HDMBX has three-year annualized returns of 22.6%.

HDMBX has an expense ratio of 1.06% compared with the category average of 1.21%.

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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