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 (HBGOX - MF report) 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 - MF 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.

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