About HCVAX
Hartford Conservative Allocation Fund Class A is a **mutual fund** that aims to deliver a combination of current income and long-term capital appreciation. This fund employs a fund-of-funds strategy, primarily investing in a diversified mix of other mutual funds and exchange-traded funds (ETFs) managed by Hartford Funds Management Company. Its portfolio is constructed with a **conservative allocation**, typically distributing approximately 65% to fixed income securities, 25% to U.S. equities, and 10% to international equities, carefully balancing risk and return to appeal to risk-averse investors.
Key characteristics include a large weighting toward **investment-grade bonds** and a moderate allocation to equities, spanning both domestic and international markets. The fund draws upon the expertise and research resources of several established subadvisors, incorporating a wide array of bond and equity strategies managed under the Hartford umbrella.
Hartford Conservative Allocation Fund Class A is designed to fulfill the needs of investors seeking **stability**, regular income, and modest capital growth through market cycles. Its multi-asset approach and diversified holdings position it as a notable option within the moderately conservative allocation segment of the mutual fund market, catering to those with long-term, income-oriented investment objectives.
Fund Family Hartford Mutual Funds
Category Mix Tgt Alloc Con
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol HCVAX
Share Class Class A
Index Bloomberg U.S. Aggregate Bond TR
HCVAX had a total return of 10.02% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.46%.
