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HBLCX Hartford Balanced Income C

  • Fund
  • HBLCX
  • Price as of: May 23, 2019
  • $13.82 - $0.02 - 0.15%
  • Category
  • Diversified Portfolio

HBLCX - Profile

Vitals

  • YTD Return 8.1%
  • 3 Yr Annualized Return 1.2%
  • 5 Yr Annualized Return 0.6%
  • Net Assets $12 B
  • Holdings in Top 10 22.9%

52 WEEK LOW AND HIGH

$13.82
$12.58
$14.27

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.66%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 48.00%

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 8.1%
  • 3 Yr Annualized Total Return 5.6%
  • 5 Yr Annualized Total Return 4.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.89%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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 Scott I. St. John

Fund Description

The fund targets 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 invests primarily in common stocks with a history of above-average dividends or expectations of increasing dividends. 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 (%)
YTD 8.1% -3.6% 18.6% 52.31%
1 Yr -0.5% -27.6% 10.7% 26.28%
3 Yr 1.2%* -9.2% 14.1% 52.98%
5 Yr 0.6%* -24.5% 8.6% 26.63%
10 Yr 5.4%* -14.3% 9.7% 24.49%

* Annualized


Return Ranking - Calendar

Period HBLCX Return Category Return Low Category Return High Rank in Category (%)
2018 -11.3% -34.6% 1.6% 57.01%
2017 5.6% -12.4% 33.2% 59.80%
2016 7.1% -65.8% 23.3% 11.92%
2015 -4.6% -64.9% 4.8% 27.31%
2014 3.2% -59.3% 68.3% 16.52%

Total Return Ranking - Trailing

Period HBLCX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.1% -3.6% 18.6% 53.26%
1 Yr 4.7% -25.5% 11.4% 8.36%
3 Yr 5.6%* -9.2% 14.1% 39.14%
5 Yr 4.2%* -21.8% 47.6% 29.26%
10 Yr 8.9%* -12.6% 13.3% 23.60%

* Annualized


Total Return Ranking - Calendar

Period HBLCX Return Category Return Low Category Return High Rank in Category (%)
2018 -6.2% -32.7% 1.6% 37.92%
2017 10.7% -8.4% 33.2% 49.97%
2016 10.4% -65.2% 23.3% 10.45%
2015 -2.8% -62.9% 9.2% 51.47%
2014 6.7% -28.5% 76.9% 21.85%

NAV & Total Return History

HBLCX - Holdings

Concentration Analysis

HBLCX Category Low Category High HBLCX % Rank
Net Assets 12 B 608 K 144 B 5.25%
Number of Holdings 1399 2 13342 11.45%
Net Assets in Top 10 1.36 B -752 M 26.4 B 21.32%
Weighting of Top 10 22.87% 0.0% 3196.0% 75.59%

Top 10 Holdings

  1. Us 10yr Note (Cbt)jun19 Xcbt 20190619 5.83%

  2. Us 5yr Note (Cbt) Jun19 Xcbt 20190628 4.27%

  3. Us 2yr Note (Cbt) Jun19 Xcbt 20190628 3.05%

  4. JPMorgan Chase & Co 1.93%

  5. Pfizer Inc 1.52%

  6. Cisco Systems Inc 1.51%

  7. Verizon Communications Inc 1.51%

  8. Chevron Corp 1.16%

  9. Philip Morris International Inc 1.06%

  10. Johnson & Johnson 1.02%


Asset Allocation

Weighting Return Low Return High HBLCX % Rank
Bonds
53.46% -342.57% 261.66% 26.06%
Stocks
42.17% -18.54% 99.89% 62.87%
Cash
3.56% -285.07% 453.71% 57.43%
Convertible Bonds
0.81% -0.09% 39.88% 21.51%
Preferred Stocks
0.01% 0.00% 65.70% 67.62%
Other
0.00% -253.31% 51.84% 87.10%

Stock Sector Breakdown

Weighting Return Low Return High HBLCX % Rank
Financial Services
7.95% -0.38% 47.66% 49.87%
Healthcare
6.85% -2.72% 24.64% 44.56%
Energy
4.85% -2.23% 32.61% 18.67%
Consumer Defense
4.27% -1.62% 18.58% 38.92%
Technology
4.23% -9.43% 28.91% 78.16%
Utilities
3.71% -0.60% 23.50% 8.86%
Industrials
3.38% -0.28% 27.79% 73.10%
Communication Services
2.85% -0.92% 7.52% 13.35%
Consumer Cyclical
1.38% -10.37% 33.33% 89.24%
Basic Materials
1.25% -1.52% 21.64% 69.49%
Real Estate
0.85% -3.85% 73.69% 76.96%

Stock Geographic Breakdown

Weighting Return Low Return High HBLCX % Rank
US
35.64% -20.21% 124.70% 53.57%
Non US
6.53% -91.46% 98.02% 68.06%

Bond Sector Breakdown

Weighting Return Low Return High HBLCX % Rank
Corporate
46.52% 0.00% 93.54% 4.62%
Government
7.64% -203.24% 254.66% 64.33%
Cash & Equivalents
3.56% -278.69% 455.04% 53.64%
Municipal
0.05% 0.00% 99.76% 46.81%
Derivative
0.00% -190.53% 70.06% 63.38%
Securitized
0.00% 0.00% 43.20% 93.80%

Bond Geographic Breakdown

Weighting Return Low Return High HBLCX % Rank
US
41.93% -337.34% 210.96% 30.04%
Non US
11.53% -84.44% 144.19% 17.39%

HBLCX - Expenses

Operational Fees

HBLCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.66% 0.00% 11.64% 17.46%
Management Fee 0.53% 0.00% 2.50% 59.01%
12b-1 Fee 1.00% 0.00% 1.00% 92.06%
Administrative Fee N/A 0.00% 0.83% N/A

Sales Fees

HBLCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.14% 5.75% N/A
Deferred Load 1.00% 1.00% 5.50% 74.00%

Trading Fees

HBLCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.11% 2.00% 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 Return Low Category Return High Rank in Category (%)
Turnover 48.00% 0.00% 6067.00% 56.55%

HBLCX - Distributions

Dividend Yield Analysis

HBLCX Category Low Category High HBLCX % Rank
Dividend Yield 0.02% 0.00% 0.31% 43.58%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

HBLCX Category Low Category High HBLCX % Rank
Net Income Ratio 1.89% -4.09% 6.99% 38.65%

Capital Gain Distribution Analysis

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

HBLCX - Managers

Scott I. St. John

Manager

Start Date

Tenure

Tenure Rank

Jul 31, 2006

12.76

12.8%

As a US corporate bond portfolio manager and chair of the US Corporate Bond Strategy Group, Scott manages dedicated US corporate bond portfolios. The US Corporate Bond Strategy Group meets regularly to discuss the outlook and investment strategy for the US dollar-denominated investment-grade corporate bond market. It acts as a forum for the review and evaluation of market cycle, sector, industry, and credit quality strategies, as well as individual issuer ideas. It is also responsible for setting the research agenda for the investment-grade corporate credit team. The strategies developed by the group help shape portfolio positioning for dedicated US Corporate Bond Portfolios, as well as the corporate bond holdings in US Core Bond Plus, Core Bond, Long, and Intermediate Bond portfolios. 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.


Ian R. Link

Manager

Start Date

Tenure

Tenure Rank

Oct 01, 2007

11.59

11.6%

Ian R. Link, CFA, Senior Managing Director and Equity Portfolio Manager of Wellington Management, is involved in portfolio management and securities analysis. Prior to joining the 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.


W. Michael Reckmeyer

Manager

Start Date

Tenure

Tenure Rank

Oct 01, 2007

11.59

11.6%

W. Michael Reckmeyer, III, CFA, is Senior Managing Director , Partner, and Equity Portfolio Manager. Reckmeyer joined Wellington Management as an investment professional in 1994. 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 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 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.


Tenure Analysis

Category Low

0.0

Category High

38.35

Category Average

6.56

Category Mode

6.95