The Hartford Financial Services Group, Inc. (HIG – Free Report) was founded in 1810 and is recognized as 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 $91.5 billion under management as of Jun 30, 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 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 one-year annualized returns of 21.1%.
As of August 2017, HAGOX held 98 issues, with 5.76% of its assets invested in alphabet Inc C.
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 one-year annualized returns of 21.2%.
HGOIX has an expense ratio of 0.93% compared with the category average of 1.12%.
Hartford Global Growth HLS Fund IA (HIALX – Free Report) seeks capital appreciation. HIALX invests heavily in common stocks issued by growth companies. The fund may diversify its investments in securities of issuers based in different countries, including the United States. The fund may also invest almost one-fourth of its assets in securities of companies located in emerging markets. Hartford Global Growth HLS Fund IA has returned 23.8% over the last year.
Matthew Hudson is one of the fund managers of HIALX since 2007.
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 >>