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3 Top-Ranked Hartford Mutual Funds to Consider

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The Hartford Financial Services Group, Inc. (HIG - Free Report) was founded in 1810 and is recognized as a renowned insurance company in the U.S. 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 – has total assets of $77.9 billion under management (as of September 30, 2016). The company claims to manage more than 55 funds across a wide range of styles and asset classes as of October 24, 2016.

Below we share with you three 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. Investors can click here to see the complete list of Hartford funds.

Hartford MidCap Value HLS IB invests a bulk of its assets in equity securities of mid-cap companies, which fall within the range of the S&P MidCap 400 and Russell Midcap Indices. HBMVX also invests around one-fifth of its assets in securities of foreign companies. The fund seeks capital growth for the long run. Hartford MidCap Value HLS IBreturned 17.4% over the past one year.

James Mordy is the fund manager of HBMVX since Apr 2001.

Hartford Growth Opportunities HLS IA  seeks capital growth and maintains a diversified portfolio by investing mainly in common stocks of growth-oriented, mid- and large-cap companies. HAGOX may invest not more than 20% of its assets in securities of foreign companies. Hartford Growth Opportunities HLS IA has a one-year annualized return of 15.8%.

As of February 2017, HAGOX held 104 issues, with 4.12% of its assets invested in Facebook Inc.

Hartford Municipal Real Return A  primarily invest in tax-exempt obligations issued by states, territories, and possessions of the United States, and their political subdivisions, agencies and instrumentalities. A large portion of the tax-exempt obligations purchased by the fund will be of “investment grade” quality. HTNAX seeks current income. Hartford Municipal Real Return A returned 2.6% over the past one year.

HTNAX has an expense ratio of 0.70% compared with the category average of 0.81%.

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.

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