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HBLCX Hartford Balanced Income C

  • Fund
  • HBLCX
  • Price as of: Aug 08, 2016
  • $13.79
  • + $0.01
  • + 0.07%
  • Category
  • Diversified Portfolio

HBLCX - Profile

Vitals

  • YTD Return 8.2%
  • 3 Yr Annualized Return 6.3%
  • 5 Yr Annualized Return 8.1%
  • Net Assets $8.27 B
  • Holdings in Top 10 26.8%

52 WEEK LOW AND HIGH

$13.79
$12.19
$13.82

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.69%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 39.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,000

IRA

$2,000

Investment Themes

CATEGORY

Diversified Portfolio
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return 8.2%
  • 3 Yr Annualized Total Return 6.3%
  • 5 Yr Annualized Total Return 8.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.84%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name The Hartford Balanced Income Fund
  • Fund Family Name Hartford Mutual Funds
  • Inception Date Jul 31, 2006
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager W. Michael Reckmeyer

Fund Description

The fund will target an allocation of approximately 45% equity securities and 55% fixed income investments, with the allocation generally varying by no more than +/-5%. The equity portion of the fund will invest primarily in common stocks with a history of above-average dividends or expectations of increasing dividends, which may include a broad range of market capitalizations generally above $2 billion. It may invest up to 20% of the fixed income portion of the portfolio in domestic non-investment grade debt.

HBLCX - Performance

Return Ranking - Trailing

Period HBLCX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.2% -65.8% 22.5% 5.78% 1
1 Yr 8.0% -30.1% 18.0% 2.74% 1
3 Yr 6.3% * -14.0% 12.6% 19.42% 1
5 Yr 8.1% * -13.4% 12.2% 15.60% 1
10 Yr 6.5% * -5.6% 9.0% 10.99% 1

* Annualized


Return Ranking - Calendar

Period HBLCX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -4.6% -61.2% 48.7% 27.80% 2
2014 N/A -11.0% 4.5% N/A N/A
2013 N/A -11.5% 25.9% N/A N/A
2012 N/A 5.1% 15.7% N/A N/A
2011 N/A -7.3% 5.7% N/A N/A

Total Return Ranking - Trailing

Period HBLCX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.2% -65.8% 22.5% 5.85% 1
1 Yr 7.0% -30.1% 17.0% 3.34% 1
3 Yr 6.3% * -15.0% 12.6% 15.64% 1
5 Yr 8.1% * -13.7% 12.2% 13.20% 1
10 Yr 6.5% * -5.6% 9.0% 10.35% 1

* Annualized


Total Return Ranking - Calendar

Period HBLCX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -4.6% -61.2% 48.7% 27.70% 2
2014 N/A -11.0% 9.6% N/A N/A
2013 N/A -4.1% 29.6% N/A N/A
2012 N/A 7.8% 20.7% N/A N/A
2011 N/A -3.5% 11.7% N/A N/A

NAV & Total Return History

HBLCX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

HBLCX Category Low Category High HBLCX % Rank Quintile
Net Assets 8.27 B 81.4 K 102 B 1.28% 1
Number of Holdings 1462 1 12089 2.24% 1
Net Assets in Top 10 1.04 B -654 M 19.5 B 3.98% 1
Weighting of Top 10 26.8% 0.0% 246.1% 21.74% 4

Top 10 Holdings

  1. Wells Fargo & Co 1.58%
  2. Microsoft Corp 1.76%
  3. JPMorgan Chase & Co 1.54%
  4. Us 10yr Note (Cbt)sep16 Xcbt 20160921 6.96%
  5. Us 5yr Note (Cbt) Sep16 Xcbt 20160930 5.98%
  6. Us 2yr Note (Cbt) Sep16 Xcbt 20160930 2.82%
  7. Us Long Bond(Cbt) Sep16 Xcbt 20160921 1.79%
  8. Johnson & Johnson 1.56%
  9. Pfizer Inc 1.48%
  10. Merck & Co Inc 1.34%

Asset Allocation

Weighting Category Low Category High HBLCX % Rank Quintile
Bonds
49.44% -0.39% 98.35% 6.85% 2
Stocks
44.59% -3.90% 139.24% 17.68% 3
Cash
4.40% -80.76% 100.06% 20.09% 4
Other
1.41% -9.98% 131.62% 12.27% 3
Convertible Bonds
0.16% 0.00% 33.12% 6.13% 2
Preferred Stocks
0.00% -0.04% 36.35% 9.11% 5

Stock Sector Breakdown

Weighting Category Low Category High HBLCX % Rank Quintile
Financial Services
8.29% -5.44% 81.82% 10.58% 2
Energy
6.54% -3.72% 31.87% 3.20% 1
Healthcare
5.93% -0.78% 26.13% 13.28% 3
Industrials
5.31% -4.76% 59.46% 13.65% 3
Technology
5.30% -11.24% 86.30% 16.53% 3
Consumer Defense
4.85% -6.80% 33.05% 9.42% 3
Utilities
3.99% -6.48% 56.47% 2.92% 1
Communication Services
1.94% -2.19% 32.13% 9.05% 3
Basic Materials
1.27% -3.08% 25.70% 13.14% 4
Consumer Cyclical
0.90% -6.71% 67.05% 23.03% 5
Real Estate
0.27% -2.11% 51.75% 18.34% 5

Stock Geographic Breakdown

Weighting Category Low Category High HBLCX % Rank Quintile
US
36.28% -123.16% 136.63% 15.56% 3
Non US
8.31% -2.43% 163.55% 16.25% 3

Bond Sector Breakdown

Weighting Category Low Category High HBLCX % Rank Quintile
Corporate
42.17% 0.00% 93.84% 2.29% 1
Government
5.49% -160.96% 76.37% 18.44% 4
Cash & Equivalents
4.40% -80.82% 157.26% 19.86% 4
Securitized
1.66% -0.01% 42.26% 18.76% 4
Municipal
0.24% 0.00% 137.36% 6.50% 2
Derivative
-0.01% -84.53% 22.60% 3.02% 4

Bond Geographic Breakdown

Weighting Category Low Category High HBLCX % Rank Quintile
US
37.15% -31.85% 93.68% 8.15% 2
Non US
12.29% -57.44% 70.46% 4.07% 1

HBLCX - Expenses

Operational Fees

HBLCX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.69% 0.00% 165.34% 11.36% 4
Management Fee 0.56% 0.00% 2.55% 3.30% 3
12b-1 Fee 1.00% 0.00% 1.00% 0.06% 5
Administrative Fee N/A 0.00% 0.83% N/A N/A

Sales Fees

HBLCX Fees (% of AUM) Category Low Category High HBLCX Rank Quintile
Front Load N/A 0.14% 5.75% N/A N/A
Deferred Load 1.00% 0.75% 5.50% 1.46% 2

Trading Fees

HBLCX Fees (% of AUM) Category Low Category High HBLCX Rank Quintile
Max Redemption Fee N/A 0.11% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HBLCX Fees (% of AUM) Category Low Category High HBLCX Rank Quintile
Turnover 39.00% 0.00% 5473.00% 11.17% 3

HBLCX - Distributions

Dividend Yield Analysis

HBLCX Category Low Category High HBLCX % Rank Quintile
Dividend Yield 0.2% 0.00% 11.33% 28.85% 2

Dividend Distribution Analysis

HBLCX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

HBLCX Category Low Category High HBLCX % Rank Quintile
Net Income Ratio 1.84% -2.96% 9.94% 11.03% 2

Capital Gain Distribution Analysis

HBLCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

HBLCX - Managers

W. Michael Reckmeyer

Manager

Start Date

Oct 01, 2007

Tenure

8.84

Tenure Rank

2.1%

W. Michael Reckmeyer, Ill, CFA, Senior Vice President, Partner, and Equity Portfolio Manager, is the Portfolio Manager for the Hartford Equity Income Fund, the equity portion of the Hartford Balanced Income Fund, and is involved in portfolio management and securities analysis for the Hartford Value Funds. As a member of the Value Team, Mike manages portfolios that have an emphasis on dividend income. Mike's mandate is to focus his research effort on large-capitalization, value-oriented stocks. While his research may include any industry, his primary area of coverage is insurance. Mike began his investment career in 1984 when he worked for the State of Michigan Pension Fund as an analyst following electrical equipment, aerospace, and pollution control companies (1984 —1986). This experience was followed by eight years at Kemper Financial Services where his research focus included paper and forest products, environmental services, and cable and cellular companies (1986 —1994). He joined Wellington Management in 1994. He received both his MBA (1984) and his BS in mechanical engineering (1981) from the University of Wisconsin. Mike holds the Chartered Financial Analyst designation and is a member of the Philadelphia Financial Analyst Society.


Ian R. Link

Manager

Start Date

Oct 01, 2007

Tenure

8.84

Tenure Rank

2.1%

Ian R. Link, CFA, vice president and equity portfolio manager of Wellington Management, is involved in portfolio management and securities analysis. Prior to joining the Wellington Management in 2006, rior to joining Wellington Management in 2006, Ian worked for Deutsche Asset Management from 2004 to 2006. Prior to that, he was an equity analyst and portfolio manager with Franklin Templeton from 1989 to 2003. Ian received his MBA from the University of California, Berkeley (1997) and his BA in economics from the University of California, Davis (1989). He is also a CFA charterholder.


Karen H. Grimes

Manager

Start Date

Oct 01, 2007

Tenure

8.84

Tenure Rank

2.1%

Karen H. Grimes, CFA, Senior Vice President, Partner, and Equity Portfolio Manager, is a Portfolio Manager for the Hartford Value Funds and the Hartford Balanced Funds, and is involved in portfolio management and securities analysis for the Hartford Equity Income Fund and the equity portion of the Hartford Balanced Income Fund. Karen is the lead equity portfolio manager for the firm's Value approach. This strategy employs a fundamental and contrarian investment philosophy. Prior to joining Wellington Management in 1995, Karen held the position of director of research/equity analyst with the Wilmington Trust Company (1988 — 1995). Karen also held portfolio manager and equity analyst positions at First Atlanta Corporation (1983 —1986) and at Butcher and Singer in Philadelphia (1986 —1988). Karen received her BS with a major in finance, magna cum laude, from Georgia State University (1982). She holds the Chartered Financial Analyst designation and is a member of the Financial Analysts Society of Philadelphia.


Scott I. St. John

Manager

Start Date

Jul 31, 2006

Tenure

10.01

Tenure Rank

1.7%

Scott I. St. John, CFA, Senior Vice President, Partner, and Fixed Income Portfolio Manager, is involved in portfolio management and securities analysis .Scott is a US corporate bond portfolio manager and chair of the US Corporate Bond Strategy Group. Prior to joining Wellington Management in 2003, Scott worked as a fixed income analyst at State Street Research (2001 — 2003). Before that, he was a fixed income analyst at Eaton Vance Management (1995 — 2001) and a commercial loan officer for the Bank of Boston (1994 — 1995). Scott earned his MBA from the University of Rochester (1994) and his BS in business management from Cornell University (1990). Scott also holds the Chartered Financial Analyst designation and is a member of the CFA Institute.


Tenure Analysis

Category Low

0.0

Category High

35.6

Category Average

5.33

Category Mode

1.6