Hartford Funds, a segment of The Hartford Financial Services Group, Inc. (HIG), has total assets of around $104.8 billion under management (as of Dec 31, 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 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 Small Company HLS HDMBX 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 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 20.6%.
As of January 2019, HDMBX held 103 issues, with 2.47% of its assets invested in Insulet Corp.
Hartford Core Equity A HAIAX seeks appreciation of capital. HAIAX invests the lion's share of its assets in common stocks of companies across a broad range of market capitalization. The fund's advisor, however, generally focuses on companies with market capitalization similar to those companies listed on the S&P 500 index. Hartford Core Equity A has three-year annualized returns of 14.3%.
Mammen Chally has been one of the fund managers of HAIAX since 1998.
Hartford Core Equity R4 HGISX seeks capital growth. HGISX invests a huge portion of its assets in common stocks. The fund maintains a diverse portfolio by investing in different companies and industries, with the fund adviser focusing on large-cap companies that have market-cap similar to those included on the S&P 500 index. Hartford Core Equity R4 has three-year annualized returns of 14.2%.
HGISX has an expense ratio of 0.79% compared with the category average of 0.95%.
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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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (HDMBX): Fund Analysis Report Get Your Free (HAIAX): Fund Analysis Report Get Your Free (HGISX): Fund Analysis Report To read this article on Zacks.com click here. Zacks Investment Research