About HBLIX
Hartford Balanced Income Fund Class I is a mutual fund that strategically blends equity and fixed income investments to seek current income as its primary objective, with capital growth as a secondary consideration. Managed by experienced professionals, the fund follows a disciplined allocation approach, typically maintaining around 45% in equities and 55% in fixed income assets, with room to adjust allocations by up to 5% in either direction. The equity allocation often targets large-cap value stocks, while the fixed income sleeve is characterized by medium credit quality and moderate interest rate sensitivity. The fund's diversified holdings encompass leading names in financial services, healthcare, energy, and technology sectors, alongside U.S. government securities and cash equivalents. With a substantial asset base exceeding $12 billion and an institutional share class structure, the fund is recognized for its moderately conservative risk profile and is designed to provide a balanced solution for investors seeking both income and stability in fluctuating market environments.
Fund Family Hartford Mutual Funds
Category Allocation--30% to 50% Equity
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol HBLIX
Share Class Class I
Index Russell 1000 Value TR
HBLIX had a total return of 11.32% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.16%.
