The Hartford Balanced Income Fund Class A (HBLAX)
| Fund Assets | 11.89B |
| Expense Ratio | 0.89% |
| Min. Investment | $2,000 |
| Turnover | 61.00% |
| Dividend (ttm) | 1.01 |
| Dividend Yield | 6.49% |
| Dividend Growth | 102.35% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 14.75 |
| YTD Return | 3.60% |
| 1-Year Return | 7.35% |
| 5-Year Return | 30.02% |
| 52-Week Low | 13.66 |
| 52-Week High | 15.34 |
| Beta (5Y) | n/a |
| Holdings | 1467 |
| Inception Date | Jul 31, 2006 |
About HBLAX
The Hartford Balanced Income Fund Class A is a mutual fund designed to provide current income as its primary objective, with growth of capital as a secondary goal. The fund follows a balanced allocation strategy, typically investing about 45% of its assets in equity securities and 55% in fixed income investments, with this mix generally varying by no more than 5%. Its equity allocation focuses on large-cap value stocks, while the fixed income segment encompasses bonds with medium credit quality and interest rate sensitivity. This approach aims to deliver moderate risk and steady income, making it suitable for investors seeking a blend of income generation and capital preservation. The fund diversifies across a wide range of sectors, including financial services, healthcare, energy, and technology. Launched in 2006, the Hartford Balanced Income Fund Class A maintains a large asset base and distributes income on a quarterly basis. It is categorized as a moderately conservative allocation fund and is managed by Hartford Funds, reflecting its role as a core holding for investors aiming to balance stability and modest growth within a single investment vehicle.
Performance
HBLAX had a total return of 7.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.50%.
Top 10 Holdings
10.62% of assets| Name | Symbol | Weight |
|---|---|---|
| Usd | n/a | 1.47% |
| Bank of America Corporation | BAC | 1.28% |
| Johnson & Johnson | JNJ | 1.18% |
| JPMorgan Chase & Co. | JPM | 1.09% |
| UnitedHealth Group Incorporated | UNH | 1.06% |
| ConocoPhillips | COP | 1.03% |
| Gilead Sciences, Inc. | GILD | 0.94% |
| PACCAR Inc | PCAR | 0.88% |
| American International Group, Inc. | AIG | 0.85% |
| Honeywell International Inc. | HON | 0.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2025 | $0.12358 | Jun 27, 2025 |
| Mar 27, 2025 | $0.12754 | Mar 28, 2025 |
| Dec 27, 2024 | $0.13629 | Dec 30, 2024 |
| Dec 17, 2024 | $0.50283 | Dec 18, 2024 |
| Sep 26, 2024 | $0.12222 | Sep 27, 2024 |
| Jun 26, 2024 | $0.11827 | Jun 27, 2024 |