Hartford Balanced Income F
- HBLFX
- Price as of: Jan 19, 2021
-
$15.64
N/A N/A
- Primary Theme
- U.S. Conservative/Balanced Allocation
- Fund Company
- Hartford
- Share Class
HBLFX - Snapshot
Vitals
- YTD Return 0.4%
- 3 Yr Annualized Return 7.0%
- 5 Yr Annualized Return 8.9%
- Net Assets $14.7 B
- Holdings in Top 10 21.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.56%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 63.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000,000
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Conservative/Balanced Allocation
- Fund Type Open End Mutual Fund
- Investment Style Allocation--30% to 50% Equity
HBLFX - Profile
Distributions
- YTD Total Return 0.4%
- 3 Yr Annualized Total Return 7.0%
- 5 Yr Annualized Total Return 8.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.76%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameThe Hartford Balanced Income Fund
-
Fund Family NameHartford Mutual Funds
-
Inception DateFeb 28, 2017
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerScott 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.
HBLFX - Performance
Return Ranking - Trailing
Period | HBLFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.4% | -1.3% | 4.8% | 87.28% |
1 Yr | 7.9% | -7.0% | 53.6% | 59.93% |
3 Yr | 7.0%* | -0.6% | 25.4% | 30.46% |
5 Yr | 8.9%* | 1.2% | 21.2% | 8.49% |
10 Yr | 8.7%* | 1.6% | 9.3% | 2.23% |
* Annualized
Return Ranking - Calendar
Period | HBLFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 4.5% | -10.6% | 40.7% | 53.57% |
2019 | 15.1% | -9.5% | 22.1% | 6.59% |
2018 | -11.3% | -21.7% | -2.6% | 75.60% |
2017 | N/A | -7.3% | 13.7% | N/A |
2016 | N/A | -9.0% | 23.3% | N/A |
Total Return Ranking - Trailing
Period | HBLFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.4% | -1.3% | 4.8% | 87.28% |
1 Yr | 7.9% | -10.0% | 53.6% | 50.18% |
3 Yr | 7.0%* | -1.5% | 25.4% | 26.24% |
5 Yr | 8.9%* | 0.8% | 21.2% | 7.72% |
10 Yr | 8.7%* | 1.6% | 9.3% | 1.68% |
* Annualized
Total Return Ranking - Calendar
Period | HBLFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 4.5% | -10.6% | 40.7% | 53.57% |
2019 | 15.1% | -9.5% | 22.1% | 7.95% |
2018 | -5.5% | -21.7% | -2.0% | 39.40% |
2017 | N/A | -5.9% | 16.6% | N/A |
2016 | N/A | -5.0% | 23.3% | N/A |
NAV & Total Return History
HBLFX - Holdings
Concentration Analysis
HBLFX | Category Low | Category High | HBLFX % Rank | |
---|---|---|---|---|
Net Assets | 14.7 B | 2.47 M | 68.6 B | 2.81% |
Number of Holdings | 1471 | 2 | 19978 | 10.44% |
Net Assets in Top 10 | 1.93 B | 2.4 M | 12.6 B | 12.74% |
Weighting of Top 10 | 21.16% | 8.9% | 100.0% | 79.88% |
Top 10 Holdings
- Us 5yr Note (Cbt) Mar21 Xcbt 20210331 5.31%
- Us 5yr Note (Cbt) Mar21 Xcbt 20210331 5.31%
- Us 5yr Note (Cbt) Mar21 Xcbt 20210331 5.31%
- Us 5yr Note (Cbt) Mar21 Xcbt 20210331 5.31%
- Us 5yr Note (Cbt) Mar21 Xcbt 20210331 5.31%
- Us 5yr Note (Cbt) Mar21 Xcbt 20210331 5.31%
- Us 5yr Note (Cbt) Mar21 Xcbt 20210331 5.31%
- Us 5yr Note (Cbt) Mar21 Xcbt 20210331 5.31%
- Us 5yr Note (Cbt) Mar21 Xcbt 20210331 5.31%
- Us 5yr Note (Cbt) Mar21 Xcbt 20210331 5.31%
Asset Allocation
Weighting | Return Low | Return High | HBLFX % Rank | |
---|---|---|---|---|
Bonds | 49.58% | 0.00% | 183.36% | 56.64% |
Stocks | 44.38% | 0.66% | 77.82% | 33.81% |
Cash | 5.29% | -144.08% | 34.13% | 32.92% |
Convertible Bonds | 0.76% | 0.00% | 52.36% | 50.62% |
Preferred Stocks | 0.01% | 0.00% | 66.51% | 72.39% |
Other | 0.00% | -4.63% | 36.40% | 69.38% |
Stock Sector Breakdown
Weighting | Return Low | Return High | HBLFX % Rank | |
---|---|---|---|---|
Financial Services | 19.89% | 0.00% | 41.32% | 3.01% |
Industrials | 18.11% | 0.00% | 22.22% | 3.89% |
Healthcare | 16.24% | 0.00% | 19.67% | 10.62% |
Consumer Defense | 13.46% | 0.00% | 22.17% | 4.42% |
Utilities | 8.44% | 0.00% | 34.62% | 16.28% |
Communication Services | 6.71% | 0.00% | 17.83% | 67.43% |
Technology | 6.11% | 0.00% | 62.50% | 92.92% |
Consumer Cyclical | 3.43% | 0.00% | 23.76% | 91.86% |
Energy | 3.41% | 0.00% | 23.40% | 37.35% |
Real Estate | 2.93% | 0.00% | 100.00% | 75.93% |
Basic Materials | 1.27% | 0.00% | 26.28% | 95.93% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | HBLFX % Rank | |
---|---|---|---|---|
US | 40.81% | 0.53% | 68.90% | 13.98% |
Non US | 3.57% | 0.00% | 34.64% | 80.88% |
Bond Sector Breakdown
Weighting | Return Low | Return High | HBLFX % Rank | |
---|---|---|---|---|
Corporate | 69.50% | 0.00% | 97.39% | 10.97% |
Government | 20.32% | 0.00% | 99.94% | 56.81% |
Cash & Equivalents | 8.57% | 0.06% | 53.68% | 51.50% |
Derivative | 1.31% | 0.00% | 33.48% | 28.50% |
Municipal | 0.30% | 0.00% | 99.70% | 48.32% |
Securitized | 0.00% | 0.00% | 48.46% | 89.38% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | HBLFX % Rank | |
---|---|---|---|---|
US | 37.38% | 0.00% | 84.28% | 69.73% |
Non US | 12.20% | -12.10% | 119.86% | 24.07% |
HBLFX - Expenses
Operational Fees
HBLFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.56% | 0.01% | 6.06% | 68.81% |
Management Fee | 0.53% | 0.00% | 1.39% | 67.89% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
HBLFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
HBLFX 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.
HBLFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 63.00% | 5.00% | 395.00% | 60.59% |
HBLFX - Distributions
Dividend Yield Analysis
HBLFX | Category Low | Category High | HBLFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 4.58% | 7.72% |
Dividend Distribution Analysis
HBLFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Annually |
Net Income Ratio Analysis
HBLFX | Category Low | Category High | HBLFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.76% | -0.41% | 6.42% | 28.25% |
Capital Gain Distribution Analysis
HBLFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Mar 29, 2019 | $0.107 |
Dec 28, 2018 | $0.120 |
Jun 29, 2018 | $0.104 |
Mar 29, 2018 | $0.103 |
Dec 28, 2017 | $0.102 |
Sep 29, 2017 | $0.098 |
Jun 30, 2017 | $0.099 |
Mar 31, 2017 | $0.101 |
HBLFX - Fund Manager Analysis
Managers
Scott St. John
Start Date
Tenure
Tenure Rank
Jul 31, 2006
14.43
14.4%
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
13.26
13.3%
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
1.4
1.4%
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
1.4
1.4%
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 |
---|---|---|---|
0.02 | 27.31 | 5.95 | 1.0 |