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 [also] 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 $87.1 billion under management (as of March 31, 2017). The company claims to manage more than 55 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 Hartford funds.
Hartford Municipal Real Return A (HTNAX - Free Report) primarily invests 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 bought by the fund will be of “investment grade” quality. HTNAX seeks to offer income free from federal income tax. Hartford Municipal Real Return A has a one-year annualized return of 0.7%.
HTNAX has an expense ratio of 0.70% compared with the category average of 0.80%.
Hartford Growth Opportunities HLS IA (HAGOX - Free Report) 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 almost 25% of its assets in securities of foreign companies. Hartford Growth Opportunities HLS IA has a one-year annualized return of 19.7%.
As of May 2017, HAGOX held 102 issues, with 5.22% of its assets invested in Facebook Inc A.
Hartford Growth Opportunities Fund I (HGOIX - Free Report) invests primarily in a diversified portfolio of common stocks of mid-to-large capitalization companies with growth potential. The fund may also invest almost 25% of its assets in securities of foreign companies. The fund seeks growth of capital. Hartford Growth Opportunities Fund I has a one-year annualized return of 19.8%.
HGOIX has an expense ratio of 0.93% compared with the category average of 1.13%.
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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