Hartford mutual funds are an excellent investment choice for those looking to diversify their portfolio. With a wide range of options available, there is a fund to suit every investor’s needs. From conservative to aggressive, there is a Hartford mutual fund that will fit your investment style.
When it comes to choosing a mutual fund, it is important to do your research and understand your options. This can be a daunting task, but with the help of a financial advisor, you can select the right fund for you.
Hartford mutual funds are a great way to invest in the stock market. They offer a wide variety of investment options, so you can find one that best suits your needs. They also have a team of experienced professionals who can help you make the most of your investment.
What Happened to Hartford Mutual Funds?
In September 2018, Hartford mutual funds were acquired by Voya Investment Management. The transaction included approximately $237 billion in assets under management, making Voya one of the largest asset managers in the world. The acquisition was completed through a series of transactions, including the purchase of Hartford Investment Management Company and certain affiliated investment advisers from The Hartford Financial Services Group, Inc.
Who Owns Hartford Mutual Funds?
Hartford mutual funds are owned by Hartford Funds Management Company, LLC. The company is a subsidiary of The Hartford Financial Services Group, Inc., and is headquartered in Radnor, Pennsylvania. As of December 31, 2018, the company had $154 billion in assets under management.
What are the Top 3 Mutual Funds?
There are a lot of different ways to measure the top 3 mutual funds. In this blog post, we will look at three different criteria:
- total assets,
- performance, and
- inflows.
Total Assets:
The Vanguard 500 Index Fund Admiral Shares (VFIAX) is the largest mutual fund in the US with over $500 billion in assets. The second largest fund is the Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) with $325 billion in assets, and the third largest is the Fidelity Investments Contrafund (FCNTX) with $107 billion in assets.
Performance:
Over the past 5 years, the best-performing mutual fund has been the Fidelity Investments Contrafund (FCNTX). It has averaged an annual return of 13.8%.
The second best performer has been the Vanguard 500 Index Fund Admiral Shares (VFIAX), averaging 12.1% per year, followed by the Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX), averaging 11.6% annually.
Inflows:
In terms of inflows, investors have been putting more money into bond funds than stock funds in recent years due to concerns about market volatility. However, of the top 3 inflowing mutual funds last year, two were stock funds.
The first was again the Vanguard 500 Index Fund Admiral Shares (VFIAX), which took in $36 billion in new investor money last year. The second was again the Fidelity Investments Contrafund (FCNTX), which attracted $24 billion from new investors. And finally, rounding out the top 3 was another bond fund –the PIMCO Income Fund Institutional Class(PONAX), which brought in $13 billion from new investors last year.
What are the Best 5-Star Mutual Funds
When it comes to finding the best 5-star mutual funds, there are a few things you need to keep in mind.
- First, you need to make sure that the fund has a good track record. This means that it should have outperformed its benchmark over a long period of time.
- Second, you need to make sure that the fund has low expenses. This is important because it will help you keep more of your money in your pocket.
- Finally, you need to make sure that the fund is diversified. This will help reduce your risk and give you exposure to different types of investments.
Best Hartford Mutual Funds
When it comes to investing in Hartford mutual funds, there are a few things you need to know. First, what is a mutual fund? A mutual fund is an investment vehicle that pools money from many investors and invests it in a variety of securities.
The benefits of investing in a mutual fund include professional management, diversification, and economies of scale. Now that you know what a mutual fund is, let’s take a look at the best Hartford mutual funds. The best Hartford mutual fund depends on your individual investment objectives and risk tolerance.
However, here are three top-rated Hartford mutual funds to consider:
Hartford Growth Opportunities Fund (HGOVX):
This fund seeks long-term capital appreciation by investing in large- and mid-sized companies with above-average growth prospects. As of December 31, 2018, the top holdings of this fund include Apple Inc., Amazon.com Inc., Facebook Inc., and Google parent Alphabet Inc.
Hartford Schroders US Equity Income Fund (HSUAX):
This fund focuses on generating income and total return through investments in large-, mid-, and small-cap stocks. The majority of the portfolio is invested in stocks that pay dividends; as of December 31, 2018, the dividend yield was 2.8%. Top holdings include Johnson & Johnson, Verizon Communications Inc., JPMorgan Chase & Co., and Wells Fargo & Company.
Hartford MidCap Fund (HFMCX):
This fund invests primarily in stocks of medium-sized companies located throughout the U.S.; as of December 31st,2018, it had $1 billion in assets under management. The objective of this fund is long-term growth of capital; recent top holdings have included WABCO Holdings Inc., Tractor Supply Company, and Ross Stores Inc.
Hartford mutual funds are a company that provides investment management and advisory services to individuals, families, and businesses. They offer a wide range of services, including investment planning, portfolio management, financial analysis, and more.