3 Hartford Mutual Funds for Stupendous Returns – October 7, 2021

The Hartford Financial Services Group, Inc. was founded in 1810 and is a renowned insurance company in the United States. 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 — had total assets of $153.8 billion under management as of Jun 30, 2021 (excluding affiliated funds of funds). The company manages more than 50 mutual 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 funds.

Hartford Municipal Opportunities Fund Class A (HHMAX Free Report) aims to provide current income that is generally exempt from federal income taxes and long-term total return. The fund invests the majority of its assets in municipal securities, and up to 35% of its net assets may be invested in non-investment grade municipal securities. HHMAX has three-year annualized returns of 4.6%.

Timothy D. Haney has been the fund manager of HHMAX since 2012.

Hartford Global Impact Fund Class A (HGXAX Free Report) aims for long-term capital appreciation. The fund invests in equity securities of issuers located throughout the world that include non-dollar securities as well as securities of issuers from emerging markets. HGXAX has three-year annualized returns of 17.1%.

As of the end of August 2021, HGXAX held 79 issues, with 2.62% of its assets invested in Agilent Technologies Inc.

Hartford Core Equity Fund Class R5 (HGITX Free Report) aims for capital appreciation by investing the majority of its assets in common stocks. It maintains a widely diversified portfolio and across a broad range of market capitalizations. The fund, however, focuses on large capitalization companies with market capitalizations similar to those in the S&P 500 Index. HGITX has three-year annualized returns of 18.3%.

HGITX has an expense ratio of 0.48% as compared with the category average of 0.84%.

To view the Zacks Rank and past performance of all Hartford mutual funds, investors can click here to see the complete list of funds.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>

Source link

Share with your friends!

Products You May Like

Leave a Reply

Your email address will not be published. Required fields are marked *

Get The Latest Investing Tips
Straight to your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.