About HBLCX
The Hartford Balanced Income Fund Class C is a balanced mutual fund designed to provide a mix of income and growth through a diversified allocation between equities and fixed income securities. The fund strategically targets approximately 45% in equities and 55% in fixed income, with the ability to make modest allocation adjustments within a 5% range according to market conditions. Its equity holdings are typically large-cap value stocks, while the fixed income portion focuses on bonds with medium credit quality and moderate interest rate sensitivity, aiming for a steady income stream alongside capital appreciation potential. The fund's portfolio includes exposure to major sectors such as healthcare, financial services, energy, and technology, as reflected in its top holdings like Merck & Co., JPMorgan Chase, and ConocoPhillips. With a moderate turnover rate and an average distribution yield, the Hartford Balanced Income Fund Class C appeals to investors seeking a balance between risk and reward within a moderately conservative allocation strategy.
Fund Family Hartford Mutual Funds
Category Allocation--30% to 50% Equity
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol HBLCX
Share Class Class C
Index Russell 1000 Value TR
HBLCX had a total return of 7.63% in the past year, including dividends.
Since the fund's inception, the average annual return has been 5.94%.
