We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
5 Strong Buy Hartford Mutual Funds to Boost Your Return
Read MoreHide Full Article
Hartford Funds – a segment of The Hartford Financial Services Group, Inc. (HIG) – has total assets of $73.6 billion under management (as of Mar 31, 2016). It claims to manage more than 45 funds across a wide range of styles and asset classes. The company prides itself in following “human-centric investing.” It 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.” Its parent company, Hartford Financial Services was founded in 1810 and is recognized as one of the renowned insurance companies in the U.S.
Below we share with you five top-rated Hartford mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. To view the Zacks Rank and past performance of all Hartford mutual funds, investors can click here to see the complete list of Hartford funds.
Hartford Growth Opportunities HLS IB seeks growth of capital and maintains a diversified portfolio by investing in common stocks of growth oriented mid- and large-cap companies. HBGOX may invest not more than one-fourth of its assets in securities of foreign companies. The fund’s sub-adviser Wellington Management utilizes fundamental analysis to identify companies with superior growth prospects. Hartford Growth Opportunities HLS IB has a three-year annualized return of 14.2%.
HBGOX has an expense ratio of 0.90% as compared to the category average of 1.17%.
Hartford Healthcare HLS IB (HBGHX - Free Report) invests a large chunk of its assets in securities of both U.S. and non-U.S. health care companies. HBGHX invests in securities of companies of any size located in several countries. Hartford Healthcare HLS IB has a three-year annualized return of 18.2%.
As of April 2016, HBGHX held 90 issues, with 5.99% of its assets invested in Bristol-Myers Squibb Company.
Hartford Stock HLS IA (HSTAX - Free Report) seeks capital appreciation over the long run. Though HSTAX invests in equity securities of companies irrespective of their market capitalization, it invests a significant portion of its assets in securities of companies with market capitalization similar to those listed on the Russell 1000 Index. HSTAX may also invest a maximum of 20% of its assets in securities of companies located in foreign lands. Hartford Stock HLS IA has a three-year annualized return of 10.7%.
Donald J. Kilbride is the fund manager of HSTAX since 2012.
Hartford Small Cap Growth HLS IA (HISCX - Free Report) invests the lion’s share of its assets in common stocks of small-cap companies with impressive growth potential. Not more than 20% of its assets may get invested in securities of non-U.S. companies. Hartford Small Cap Growth HLS IA has a three-year annualized return of 8.7%.
HISCX has an expense ratio of 0.65% as compared to the category average of 1.30%.
Hartford Balanced Income R5 (HBLTX - Free Report) seeks current income. HBLTX invests around 45% of its assets in equity securities and the rest in fixed income producing securities. The fund primarily focuses on investing the equity portion of its assets in common stocks of companies with market capitalization of more than $2 billion and impressive dividend paying abilities. Though HBLTX generally invests in quality debt securities, it may also invest a maximum of 20% of the fixed income portion of its assets in securities that are rated non-investment grade. Hartford Balanced Income R5 has a three-year annualized return of 6.3%.
As of April 2016, HBLTX held 1,443 issues, with 7.08% of its assets invested in Us 5yr Note (Cbt) Jun16 Xcbt 20160630.
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at https://www.zacks.com/funds.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
5 Strong Buy Hartford Mutual Funds to Boost Your Return
Hartford Funds – a segment of The Hartford Financial Services Group, Inc. (HIG) – has total assets of $73.6 billion under management (as of Mar 31, 2016). It claims to manage more than 45 funds across a wide range of styles and asset classes. The company prides itself in following “human-centric investing.” It 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.” Its parent company, Hartford Financial Services was founded in 1810 and is recognized as one of the renowned insurance companies in the U.S.
Below we share with you five top-rated Hartford mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. To view the Zacks Rank and past performance of all Hartford mutual funds, investors can click here to see the complete list of Hartford funds.
Hartford Growth Opportunities HLS IB seeks growth of capital and maintains a diversified portfolio by investing in common stocks of growth oriented mid- and large-cap companies. HBGOX may invest not more than one-fourth of its assets in securities of foreign companies. The fund’s sub-adviser Wellington Management utilizes fundamental analysis to identify companies with superior growth prospects. Hartford Growth Opportunities HLS IB has a three-year annualized return of 14.2%.
HBGOX has an expense ratio of 0.90% as compared to the category average of 1.17%.
Hartford Healthcare HLS IB (HBGHX - Free Report) invests a large chunk of its assets in securities of both U.S. and non-U.S. health care companies. HBGHX invests in securities of companies of any size located in several countries. Hartford Healthcare HLS IB has a three-year annualized return of 18.2%.
As of April 2016, HBGHX held 90 issues, with 5.99% of its assets invested in Bristol-Myers Squibb Company.
Hartford Stock HLS IA (HSTAX - Free Report) seeks capital appreciation over the long run. Though HSTAX invests in equity securities of companies irrespective of their market capitalization, it invests a significant portion of its assets in securities of companies with market capitalization similar to those listed on the Russell 1000 Index. HSTAX may also invest a maximum of 20% of its assets in securities of companies located in foreign lands. Hartford Stock HLS IA has a three-year annualized return of 10.7%.
Donald J. Kilbride is the fund manager of HSTAX since 2012.
Hartford Small Cap Growth HLS IA (HISCX - Free Report) invests the lion’s share of its assets in common stocks of small-cap companies with impressive growth potential. Not more than 20% of its assets may get invested in securities of non-U.S. companies. Hartford Small Cap Growth HLS IA has a three-year annualized return of 8.7%.
HISCX has an expense ratio of 0.65% as compared to the category average of 1.30%.
Hartford Balanced Income R5 (HBLTX - Free Report) seeks current income. HBLTX invests around 45% of its assets in equity securities and the rest in fixed income producing securities. The fund primarily focuses on investing the equity portion of its assets in common stocks of companies with market capitalization of more than $2 billion and impressive dividend paying abilities. Though HBLTX generally invests in quality debt securities, it may also invest a maximum of 20% of the fixed income portion of its assets in securities that are rated non-investment grade. Hartford Balanced Income R5 has a three-year annualized return of 6.3%.
As of April 2016, HBLTX held 1,443 issues, with 7.08% of its assets invested in Us 5yr Note (Cbt) Jun16 Xcbt 20160630.
To view the Zacks Rank and past performance of all Hartford mutual funds, investors can click here to see the complete list of funds.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at https://www.zacks.com/funds.