The Hartford Balanced Income Fund Class C: (MF: HBLCX)
(NASDAQ Mutual Funds) As of Aug 26, 2024 08:00 PM ET
$14.80 USD
+0.02 (0.14%)
Fund Description
The fund was incepted in February 2001 and is managed by HSBC Asset Management (Americas). The fund seeks current income and long-term growth of capital consistent with reasonable risk. The fund seeks to achieve its investment objective by investing approximately 60% of its assets in stocks and other equity securities and approximately 40% in bonds and other debt securities rated at least Baa by Moody's or BBB by S&P or of comparable quality. While the allocation between equity and debt securities may vary, the fund will always invest at least 25% of its assets in debt securities. The fund ordinarily invests in equity securities of large companies having attractive valuations or the potential for future earnings growth. Fixed income securities in which the fund may invest include U.S. government and agency securities, corporate bonds, asset-backed securities (including mortgage-backed securities), obligations of savings and loans and U.S. and foreign banks, commercial paper and related repurchase agreements. The adviser selects fixed income securities based on various factors, including the credit quality of the issuer, the outlook for the economy and anticipated changes in interest rates and inflation. Dividends are distributed semi-annually. Capital gains are distributed annually.
Load Information
Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
---|---|---|---|---|---|---|---|
Hartford Balanced Income C | HBLCX | NA | NA | 1.00 | 1.00 | 0.52 | 1.65 |
Return Data
Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
---|---|---|---|---|---|---|---|
Hartford Balanced Income A | HBLAX | 14.65 | 7/31/2006 | 3.38 | 8.51 | 1.72 | 5.06 |
Hartford Balanced Income C | HBLCX | 14.80 | 7/31/2006 | 2.68 | 7.74 | 0.97 | 4.28 |
Hartford Balanced Income Y | HBLYX | 14.86 | 7/31/2006 | 3.53 | 8.76 | 1.95 | 5.31 |
Hartford Balanced Income I | HBLIX | 14.63 | 3/1/2010 | 3.61 | 8.84 | 1.99 | 5.34 |
Hartford Balanced Income R3 | HBLRX | 14.72 | 6/1/2010 | 3.01 | 8.14 | 1.33 | 4.67 |
Hartford Balanced Income R4 | HBLSX | 14.73 | 6/1/2010 | 3.28 | 8.52 | 1.67 | 4.99 |
Hartford Balanced Income R5 | HBLTX | 14.75 | 6/1/2010 | 3.56 | 8.84 | 1.98 | 5.31 |
Investment Information
Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
---|---|---|---|---|---|
Hartford Balanced Income C | HBLCX | 2000 | 50 | 2000 | Q |
Contact Information
Family | Hartford |
Address | 500 Bielenburg Dr. Woodbury, MN 55125 |
Phone | 888 843-7824 |