HBLCX: The Hartford Balanced Income Fund - MutualFunds.com

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HBLCX - Snapshot

Vitals

  • YTD Return 4.4%
  • 3 Yr Annualized Return 3.8%
  • 5 Yr Annualized Return 5.6%
  • Net Assets $13.5 B
  • Holdings in Top 10 19.9%

52 WEEK LOW AND HIGH

$15.32
$11.52
$15.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.65%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 54.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000
  • IRA N/A

Fund Classification


Compare HBLCX to Popular U.S. Conservative/Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$2.27

0.00%

$62.50 B

5.29%

$0.12

-3.40%

-

$28.77

+0.17%

$59.47 B

2.74%

$0.79

5.31%

-

$11.01

+0.09%

$16.16 B

4.41%

$0.48

0.27%

-

$15.79

+0.13%

$13.52 B

2.41%

$0.38

4.50%

-

$10.95

+0.18%

$12.08 B

3.63%

$0.40

0.74%

-

HBLCX - Profile

Distributions

  • YTD Total Return 4.4%
  • 3 Yr Annualized Total Return 3.8%
  • 5 Yr Annualized Total Return 5.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.99%
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 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 4.4% -11.4% 33.8% 60.30%
1 Yr 0.9% -14.6% 33.9% 70.85%
3 Yr 3.8%* -2.5% 17.8% 52.74%
5 Yr 5.6%* -3.4% 15.6% 29.98%
10 Yr 6.7%* 2.5% 8.6% 15.38%

* Annualized

Return Ranking - Calendar

Period HBLCX Return Category Return Low Category Return High Rank in Category (%)
2019 14.9% -9.5% 22.1% 7.99%
2018 -11.3% -21.7% -2.6% 77.26%
2017 5.6% -7.3% 13.7% 53.85%
2016 7.1% -9.0% 12.8% 6.94%
2015 -4.6% -28.9% 0.3% 26.77%

Total Return Ranking - Trailing

Period HBLCX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.4% -11.4% 33.8% 60.30%
1 Yr -0.1% -14.6% 33.9% 69.56%
3 Yr 3.8%* -3.6% 17.8% 46.69%
5 Yr 5.6%* -3.4% 15.6% 27.42%
10 Yr 6.7%* 2.5% 8.6% 14.53%

* Annualized

Total Return Ranking - Calendar

Period HBLCX Return Category Return Low Category Return High Rank in Category (%)
2019 14.9% -9.5% 22.1% 8.97%
2018 -6.2% -21.7% -2.0% 50.70%
2017 10.7% -5.9% 16.6% 27.14%
2016 10.4% -5.0% 19.1% 8.28%
2015 -2.8% -15.0% 2.3% 48.99%

NAV & Total Return History


HBLCX - Holdings

Concentration Analysis

HBLCX Category Low Category High HBLCX % Rank
Net Assets 13.5 B 2.21 M 62.5 B 3.22%
Number of Holdings 1514 3 19961 11.03%
Net Assets in Top 10 1.39 B 1.81 M 11.7 B 18.08%
Weighting of Top 10 19.90% 9.8% 100.0% 81.95%

Top 10 Holdings

  1. Us 10yr Note (Cbt)dec20 Xcbt 20201221 4.74%
  2. Us 10yr Note (Cbt)dec20 Xcbt 20201221 4.74%
  3. Us 5yr Note (Cbt) Dec20 Xcbt 20201231 4.46%
  4. Us 5yr Note (Cbt) Dec20 Xcbt 20201231 4.46%
  5. Us 10yr Note (Cbt)dec20 Xcbt 20201221 4.14%
  6. Us 10yr Note (Cbt)dec20 Xcbt 20201221 4.14%
  7. Us 10yr Note (Cbt)dec20 Xcbt 20201221 4.14%
  8. Us 10yr Note (Cbt)dec20 Xcbt 20201221 4.14%
  9. Us 10yr Note (Cbt)dec20 Xcbt 20201221 4.14%
  10. Us 10yr Note (Cbt)dec20 Xcbt 20201221 4.14%

Asset Allocation

Weighting Return Low Return High HBLCX % Rank
Bonds
50.46% 0.00% 241.12% 62.21%
Stocks
43.23% 1.21% 98.16% 35.08%
Cash
5.39% -181.44% 43.52% 36.53%
Convertible Bonds
0.91% 0.00% 50.61% 37.61%
Preferred Stocks
0.01% 0.00% 38.29% 77.58%
Other
0.00% -4.81% 37.19% 82.82%

Stock Sector Breakdown

Weighting Return Low Return High HBLCX % Rank
Financial Services
19.31% 4.48% 31.60% 2.53%
Healthcare
16.78% 0.00% 21.21% 16.09%
Industrials
16.75% 0.00% 26.40% 2.17%
Consumer Defense
13.13% 0.00% 21.82% 6.33%
Utilities
9.36% 0.00% 37.83% 13.74%
Technology
7.07% 0.00% 41.08% 92.41%
Communication Services
6.65% 0.00% 17.60% 74.68%
Consumer Cyclical
3.71% 0.00% 22.85% 89.51%
Energy
3.07% 0.00% 21.41% 41.59%
Real Estate
3.04% 0.00% 51.40% 73.78%
Basic Materials
1.14% 0.00% 26.28% 96.93%

Stock Geographic Breakdown

Weighting Return Low Return High HBLCX % Rank
US
39.75% 0.98% 85.51% 12.66%
Non US
3.48% 0.00% 29.30% 83.36%

Bond Sector Breakdown

Weighting Return Low Return High HBLCX % Rank
Corporate
74.77% 0.00% 100.00% 8.68%
Government
14.90% 0.00% 91.51% 72.33%
Cash & Equivalents
8.47% 0.00% 100.00% 53.71%
Derivative
1.55% 0.00% 27.20% 24.59%
Municipal
0.31% 0.00% 100.00% 48.46%
Securitized
0.00% 0.00% 48.95% 96.38%

Bond Geographic Breakdown

Weighting Return Low Return High HBLCX % Rank
US
37.82% 0.00% 85.41% 74.14%
Non US
12.64% -11.82% 173.71% 21.52%

HBLCX - Expenses

Operational Fees

HBLCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.65% 0.02% 6.89% 12.14%
Management Fee 0.53% 0.00% 1.39% 68.87%
12b-1 Fee 1.00% 0.00% 1.00% 94.78%
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

HBLCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load 1.00% 1.00% 5.50% 76.83%

Trading Fees

HBLCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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 54.00% 0.00% 395.00% 58.60%

HBLCX - Distributions

Dividend Yield Analysis

HBLCX Category Low Category High HBLCX % Rank
Dividend Yield 0.00% 0.00% 4.20% 72.09%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

HBLCX Category Low Category High HBLCX % Rank
Net Income Ratio 1.99% -0.41% 6.30% 65.30%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

HBLCX - Fund Manager Analysis

Managers

Scott St. John


Start Date

Tenure

Tenure Rank

Jul 31, 2006

14.26

14.3%

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.

W. Michael Reckmeyer


Start Date

Tenure

Tenure Rank

Oct 01, 2007

13.09

13.1%

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.

Adam Illfelder


Start Date

Tenure

Tenure Rank

Aug 08, 2019

1.23

1.2%

Adam H. Illfelder, CFA, Managing Director and Equity Research Analyst of Wellington Management, has been involved in portfolio management for the equity portion of the Fund since 2017 and has been involved in securities analysis for the Fund since 2008. Mr. Illfelder joined Wellington Management as an investment professional in 2005.

Matthew Hand


Start Date

Tenure

Tenure Rank

Aug 08, 2019

1.23

1.2%

Matthew Hand, CFA, Managing Director and Equity Research Analyst of Wellington Management, has been involved in portfolio management for the Fund since 2019 and has been involved in securities analysis for the Fund since 2004. Mr. Hand joined Wellington Management as an investment professional in 2004.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 27.15 5.86 0.83
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