Feedback
  • Log In
  • Account Access
  • Contact Us

    Pre-Sales Support

    Mutual Funds and ETFs - 800-456-7526
    Monday-Thursday: 8:00 a.m. – 6:00 p.m. ET
    Friday: 8:00 a.m. – 5:00 p.m. ET

    ETF Trading Support - 415-315-6600
    Monday-Friday: 9:30 a.m. – 5:00 p.m. ET

    Post-Sales and Website Support
    888-843-7824
    Monday-Friday: 9:00 a.m. - 6:00 p.m. ET

Hartford Balanced Income Fund

Explore Another ETFs

Overview

A conservative fund that blends dividend-paying stocks with investment-grade corporate bonds.

Objective

Seeks to provide current income with growth of capital as a secondary objective.

More About Balanced Income Fund 

Performance

Performance (%)
% (as of 12/31/2017)
Average Annual Total Returns % (as of 12/31/2017)
YTD 1YR 3YR 5YR 10YR SI
Hartford Balanced Income  I 11.75 11.75 7.52 8.52 7.59 7.68
Benchmark 9.84 9.84 6.44 8.38 6.80 ---
Morningstar Allocation 30-50% Equity Category 9.63 9.63 4.53 4.91 4.25 ---
Performance (%)
% (as of 12/31/2017)
Average Annual Total Returns % (as of 12/31/2017)
YTD 1YR 3YR 5YR 10YR SI
Hartford Balanced Income  I 11.75 11.75 7.52 8.52 7.59 7.68
Benchmark 9.84 9.84 6.44 8.38 6.80 ---
Morningstar Allocation 30-50% Equity Category 9.63 9.63 4.53 4.91 4.25 ---
SI = Since Inception. Fund Inception: 07/31/2006
Operating Expenses:   Net  0.70% |  Gross  0.70%

Share Class Inception: 2/26/10.
Class I-share performance prior to its inception date reflects Class A-share performance (excluding sales charges) and operating expenses. SI performance is calculated from 7/31/06.

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.

Growth of $10,000

(as of 12/31/2017)
[{"date":"2017/12/31","value":"20380"},{"date":"2017/11/30","value":"20151"},{"date":"2017/10/31","value":"19922"},{"date":"2017/09/30","value":"19720"},{"date":"2017/08/31","value":"19417"},{"date":"2017/07/31","value":"19377"},{"date":"2017/06/30","value":"19163"},{"date":"2017/05/31","value":"19073"},{"date":"2017/04/30","value":"18873"},{"date":"2017/03/31","value":"18727"},{"date":"2017/02/28","value":"18754"},{"date":"2017/01/31","value":"18331"},{"date":"2016/12/31","value":"18278"},{"date":"2016/11/30","value":"17961"},{"date":"2016/10/31","value":"17922"},{"date":"2016/09/30","value":"18117"},{"date":"2016/08/31","value":"18154"},{"date":"2016/07/31","value":"18051"},{"date":"2016/06/30","value":"17728"},{"date":"2016/05/31","value":"17388"},{"date":"2016/04/30","value":"17285"},{"date":"2016/03/31","value":"17016"},{"date":"2016/02/29","value":"16227"},{"date":"2016/01/31","value":"16201"},{"date":"2015/12/31","value":"16443"},{"date":"2015/11/30","value":"16680"},{"date":"2015/10/31","value":"16705"},{"date":"2015/09/30","value":"15982"},{"date":"2015/08/31","value":"16100"},{"date":"2015/07/31","value":"16582"},{"date":"2015/06/30","value":"16434"},{"date":"2015/05/31","value":"16819"},{"date":"2015/04/30","value":"16819"},{"date":"2015/03/31","value":"16684"},{"date":"2015/02/28","value":"16738"},{"date":"2015/01/31","value":"16420"},{"date":"2014/12/31","value":"16518"},{"date":"2014/11/30","value":"16593"},{"date":"2014/10/31","value":"16414"},{"date":"2014/09/30","value":"16198"},{"date":"2014/08/31","value":"16460"},{"date":"2014/07/31","value":"16115"},{"date":"2014/06/30","value":"16341"},{"date":"2014/05/31","value":"16169"},{"date":"2014/04/30","value":"15944"},{"date":"2014/03/31","value":"15755"},{"date":"2014/02/28","value":"15568"},{"date":"2014/01/31","value":"15157"},{"date":"2013/12/31","value":"15345"},{"date":"2013/11/30","value":"15159"},{"date":"2013/10/31","value":"15033"},{"date":"2013/09/30","value":"14641"},{"date":"2013/08/31","value":"14377"},{"date":"2013/07/31","value":"14697"},{"date":"2013/06/30","value":"14331"},{"date":"2013/05/31","value":"14608"},{"date":"2013/04/30","value":"14699"},{"date":"2013/03/31","value":"14369"},{"date":"2013/02/28","value":"14153"},{"date":"2013/01/31","value":"13995"},{"date":"2012/12/31","value":"13723"},{"date":"2012/11/30","value":"13641"},{"date":"2012/10/31","value":"13595"},{"date":"2012/09/30","value":"13528"},{"date":"2012/08/31","value":"13338"},{"date":"2012/07/31","value":"13239"},{"date":"2012/06/30","value":"12886"},{"date":"2012/05/31","value":"12523"},{"date":"2012/04/30","value":"12885"},{"date":"2012/03/31","value":"12797"},{"date":"2012/02/29","value":"12698"},{"date":"2012/01/31","value":"12436"},{"date":"2011/12/31","value":"12164"},{"date":"2011/11/30","value":"11833"},{"date":"2011/10/31","value":"11920"},{"date":"2011/09/30","value":"11293"},{"date":"2011/08/31","value":"11636"},{"date":"2011/07/31","value":"11787"},{"date":"2011/06/30","value":"11862"},{"date":"2011/05/31","value":"12006"},{"date":"2011/04/30","value":"11942"},{"date":"2011/03/31","value":"11623"},{"date":"2011/02/28","value":"11592"},{"date":"2011/01/31","value":"11318"},{"date":"2010/12/31","value":"11191"},{"date":"2010/11/30","value":"10923"},{"date":"2010/10/31","value":"11059"},{"date":"2010/09/30","value":"10902"},{"date":"2010/08/31","value":"10504"},{"date":"2010/07/31","value":"10493"},{"date":"2010/06/30","value":"10025"},{"date":"2010/05/31","value":"10033"},{"date":"2010/04/30","value":"10466"},{"date":"2010/03/31","value":"10312"},{"date":"2010/02/28","value":"10046"},{"date":"2010/01/31","value":"9912"},{"date":"2009/12/31","value":"9974"},{"date":"2009/11/30","value":"9895"},{"date":"2009/10/31","value":"9571"},{"date":"2009/09/30","value":"9541"},{"date":"2009/08/31","value":"9315"},{"date":"2009/07/31","value":"9084"},{"date":"2009/06/30","value":"8501"},{"date":"2009/05/31","value":"8372"},{"date":"2009/04/30","value":"7925"},{"date":"2009/03/31","value":"7547"},{"date":"2009/02/28","value":"7320"},{"date":"2009/01/31","value":"7773"},{"date":"2008/12/31","value":"8147"},{"date":"2008/11/30","value":"7841"},{"date":"2008/10/31","value":"7957"},{"date":"2008/09/30","value":"8809"},{"date":"2008/08/31","value":"9380"},{"date":"2008/07/31","value":"9332"},{"date":"2008/06/30","value":"9360"},{"date":"2008/05/31","value":"9826"},{"date":"2008/04/30","value":"9874"},{"date":"2008/03/31","value":"9647"},{"date":"2008/02/29","value":"9653"},{"date":"2008/01/31","value":"9831"},{"date":"2007/12/31","value":"10000"}]

 
Growth of $10,000

Excludes sales charges. If sales charges and taxes had been included, the value would have been lower.

   

Morningstar Analyst Rating

silver

Morningstar awarded the Fund a Silver analyst rating on 11/14/161

View Morningstar Analyst Report

I-Share Morningstar Rating
(as of 12/31/2017)
  • Overall
    infoIcon:
  • Overall Morningstar Rating for Balanced Income Fund, Class I, as of 12/31/2017 out of 435 products in the Allocation 30-50% Equity Category Based on Risk-Adjusted Returns
Calendar Year Returns (%)
Fund Benchmark
2017 11.75 9.84
2016 11.44 12.02
2015 -0.19 -1.97
2014 7.92 9.84
2013 12.19 12.87
2012 13.07 14.15
2011 8.83 4.77
2010 12.52 12.87
2009 22.42 22.26
2008 -18.53 -21.78

Excludes sales charges. If sales charges and taxes had been included, the value would have been lower.

Characteristics Holdings are subject to change. Percentages may be rounded.

Statistics
As of Date 12/31/2017
Net Assets $12.4 billion
Beta 0.45
R Squared 0.76
Turnover (12/31/2017) 38%
% in Stocks 46%
% in Bonds 50%
% in Foreign 19%
Cash and Cash Equivalents 4%
Dividend Frequency Quarterly

Top Ten Equity Holdings (%)

(as of 12/31/2017)
label percentageholding
JP Morgan Chase & Co. 2.18
Cisco Systems, Inc. 1.64
Johnson & Johnson 1.47
Philip Morris International, Inc. 1.45
Pfizer, Inc. 1.34
Wells Fargo & Co. 1.34
Intel Corp. 1.25
Chevron Corp. 1.18
Verizon Communications, Inc. 1.13
Suncor Energy, Inc. 1.09
Total Portfolio % 14.07
(as of 9/30/2017)
label percentageholding
JP Morgan Chase & Co. 2.20
Philip Morris International, Inc. 1.62
Cisco Systems, Inc. 1.53
Wells Fargo & Co. 1.49
Johnson & Johnson 1.45
Pfizer, Inc. 1.40
Chevron Corp. 1.20
DowDuPont, Inc. 1.11
Intel Corp. 1.10
BlackRock, Inc. 1.07
Total Portfolio % 14.17
Equity Holdings Characteristics
(as of 12/31/2017)
Fund
# of Holdings 69
% in Foreign 15%
Asset Weighted Market Cap $146.6 billion
EPS Growth Rate 8.9%
Median Market Cap $91.7 billion
Price/Earnings 17.1x
Return on Equity 18.5%

Equity Sector Exposure (%)

(as of 12/31/2017)
label currentpercentage
Energy 14.9
Information Technology 11.7
Consumer Staples 10.7
Materials 5.2
Health Care 14.3
Utilities 7.4
Telecommunication Services 3.7
Industrials 7.9
Consumer Discretionary 4.0
Real Estate 1.0
Financials 19.3
(as of 9/30/2017)
label currentpercentage
Energy 14.5
Information Technology 11.5
Consumer Staples 11.2
Materials 5.4
Health Care 13.9
Utilities 7.3
Telecommunication Services 3.2
Industrials 9.4
Consumer Discretionary 3.6
Real Estate 0.0
Financials 20.1

Based on Global Industry Classification Standard (GICS), which was developed by and is the exclusive property and a service mark of MSCI Inc. (MSCI) and Standard & Poor’s, a division of The McGraw-Hill Companies, Inc. (S&P). Excludes cash. May not total to 100% due to rounding and/or pooled vehicle allocations.

Top Ten Fixed-Income Issuers (%)

(as of 12/31/2017)
label percentageholding
Bank of America Corp. 1.31
Goldman Sachs Group, Inc. 1.31
Citigroup, Inc. 1.24
JP Morgan Chase & Co. 1.20
Morgan Stanley 1.19
AT&T, Inc. 1.09
Wells Fargo & Co. 1.05
Verizon Communications, Inc. 0.78
HSBC Holdings plc 0.60
Turkey Government International Bond 0.54
Total Portfolio % 10.31
(as of 9/30/2017)
label percentageholding
Bank of America Corp. 1.31
Morgan Stanley 1.25
Citigroup, Inc. 1.22
AT&T, Inc. 1.15
Goldman Sachs Group, Inc. 1.12
Wells Fargo & Co. 1.11
JP Morgan Chase & Co. 0.77
Verizon Communications, Inc. 0.77
Anheuser-Busch InBev Finance, Inc. 0.73
HSBC Holdings plc 0.55
Total Portfolio % 9.98

Fixed-Income Holdings Characteristics

(as of 12/31/2017)
label fundvalue
# of Issuers 513
% Foreign 22%
% Non-Investment Grade 15.61%
Effective Duration 7.01 yrs.

Fixed-Income Sector Exposure (%)

(as of 12/31/2017)
label currentpercentage
Other 3.9
US Government & Agencies 0.7
Commercial Mortgages 0.6
US Mortgage-Backed 0.6
Emerging Market Debt 9.3
High Yield 8.7
Asset-Backed 0.1
Investment Grade Credit 0.0
Non-Investment Grade 0.0
Non-US$ Investment Grade 0.0
US Asset-Backed 0.0
Corporate 76.1
(as of 9/30/2017)
label currentpercentage
Other 3.0
US Government & Agencies 0.5
Commercial Mortgages 0.7
US Mortgage-Backed 0.7
Emerging Market Debt 9.2
High Yield 9.2
Asset-Backed 0.2
Investment Grade Credit 0.0
Non-Investment Grade 0.0
Non-US$ Investment Grade 0.0
US Asset-Backed 0.0
Corporate 76.5
Market Cap Distribution %
(as of 12/31/2017)
Less than $2 billion 0.0
$2 billion - $5 billion 0.0
$5 billion - $10 billion 0.0
Greater than $10 billion 100.0
Yields
As of Date 12/31/2017
Distribution Yield at NAV 2.70%
Trailing 12 Month Yield 2.64%
30 Day SEC Yield 2.65%
Unsubsidized 30-Day SEC Yield 2.65%
Fund Essentials
Inception Date 07/31/2006
Symbol HBLIX
CUSIP 41664M821
Fund Number 1682

Insights

pdf

Shelter From the Storm 

Wed Jan 03 12:42:00 EST 2018
A fixed-income forecast for a rising-rate world
pdf

2018 Outlooks (Schroders) 

Fri Dec 22 14:06:00 EST 2017
Thought leaders from Schroder Investment Management provide their outlook on issues that may influence markets and portfolios going forward.
pdf

1Q 2018 Outlooks (Wellington) 

Thu Dec 21 14:06:00 EST 2017
Thought leaders from Wellington Management provide their outlook on issues that may influence markets and portfolios going forward.

Literature

Fund Literature

Select All

Fact Sheet

09/30/2017 | pdf
Get FINRA Letter

Max 100

Commentary

12/31/2017 | pdf
Get FINRA Letter

Max 100

Expanded Commentary

09/30/2017 | pdf

Max 100

Fund Brochure

09/30/2017 | pdf
Get FINRA Letter

Max 100

Summary Prospectus

03/01/2017 | pdf

Available For
Download Only

Pitchbook

09/30/2017 | pdf

Available For
Download Only

Semi Annual Report

04/30/2017 | pdf

Available For
Download Only

Statutory Prospectus

03/01/2017 | pdf

Available For
Download Only

Annual Report

10/31/2017 | pdf

Available For
Download Only

Available For
Download Only

Fund Story

12/31/2017 | pdf

Max 100

Balanced Income DC Flyer

09/30/2017 | pdf

Available For
Download Only

Fund Flyer

09/30/2017 | pdf

Max 100

SAI

03/01/2017 | pdf

Available For
Download Only

Financial Professionals:

Log in to order forms and literature and manage your subscriptions.

A WORD ABOUT RISK

All investments are subject to risk, including the possible loss of principal. There is no guarantee the Fund will achieve its stated objective. The Fund's share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the Fund's strategy for allocating assets among different asset classes and/or portfolio management teams does not work as intended, the Fund may not achieve its objective or may underperform other funds with similar investment strategies. Fixed income risks include credit, liquidity, call, duration, and interest-rate risk. As interest rates rise, bond prices generally fall; these risks are currently heightened because interest rates are at, or near, historical lows. For dividend-paying stocks, dividends are not guaranteed and may decrease without notice. Foreign investments can be riskier and more volatile than U.S. investments due to the adverse effects of currency exchange rates, differences in market structure and liquidity, as well as political and economic developments in foreign countries and regions (e.g., "Brexit"). Value investing may go out of favor, which may cause the Fund to underperform the broader stock market.
 

1 The Morningstar Analyst Rating is not a credit or risk rating. It is a subjective evaluation performed by the manager research analysts of Morningstar. Morningstar evaluates funds based on five key pillars, which are process, performance, people, parent, and price. Analysts use this five pillar evaluation to determine how they believe funds are likely to perform over the long term on a risk-adjusted basis. They consider quantitative and qualitative factors in their research, and the weighting of each pillar may vary. The Analyst Rating scale is Gold, Silver, Bronze, Neutral, Negative. A Morningstar Analyst Rating of Gold, Silver, or Bronze reflects an Analyst’s conviction in a fund’s prospects for outperformance. Analyst Ratings are continuously monitored and reevaluated at least every 14 months. The Morningstar Analyst Rating should not be used as the sole basis in evaluating a mutual fund. Morningstar Analyst Ratings involve unknown risks and uncertainties which may cause Morningstar’s expectations not to occur or to differ significantly from what we expected. For more detailed information about Morningstar’s Analyst rating, including its methodology, please go to hartfordfunds.com/MorningstarAnalystMethodology.

© 2017 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

200176