4 Hartford Mutual Funds For Amazing Returns

Hartford Funds, a segment of The Hartford Financial Services Group, Inc. (HIG), has total assets of around $121.1 billion under management (as of Sep 30, 2018). The company claims to manage at least 50 mutual funds across a wide range of styles and asset classes. Hartford Financial Services was founded in 1810 and is a well-recognized insurance company in the United States.

Hartford Funds focuses on meeting and even exceeding “traditional industry benchmarks” through “human-centric investing.” The company believes that human-centric investing can help in creating solutions, products and advisor tools, which help in strengthening the bottom line and improving advisor-client relationships.

Below we share with you four 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. 

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 that fall 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. Hartford Small Company HLS has three-year annualized returns of 7.01%.

As of January 2019, HDMBX held 112 issues, with 2.42% of its assets invested in Insulet Corp.

Hartford Stock HLS IA (HSTAX - Free Report) invests in equity securities of companies irrespective of their market capitalization. However, it invests a significant portion of its assets in securities of large-cap companies whose market-cap is similar to those listed on the Russell 1000 Index. HSTAX may also invest a maximum of 20% of its assets in securities of non-U.S. companies. Hartford Stock HLS IA has three-year annualized returns of 8.73%.

HSTAX has an expense ratio of 0.52% as compared to the category average of 0.95%.

1 2
View single page >> |

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this ...

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.