HRACX: Hartford Growth Allocation C

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HRACX Hartford Growth Allocation C


Profile

HRACX - Profile

Vitals

  • YTD Return 0.9%
  • 3 Yr Annualized Return 6.3%
  • 5 Yr Annualized Return 2.6%
  • Net Assets $619 M
  • Holdings in Top 10 79.2%

52 WEEK LOW AND HIGH

$12.97
$11.58
$13.19

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.33%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 25.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--70% to 85% Equity

Distributions

  • YTD Total Return 0.9%
  • 3 Yr Annualized Total Return 7.5%
  • 5 Yr Annualized Total Return 3.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.22%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Hartford Growth Allocation Fund Class C
  • Fund Family Name
    Hartford Mutual Funds
  • Inception Date
    May 28, 2004
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Vernon Meyer

Fund Description

The fund seeks to meet its investment objective through investment in a combination of other mutual funds and ETFs advised by Hartford Funds Management Company, LLC or a wholly owned subsidiary of the Investment Manager (the "underlying funds"). The underlying funds, include fixed income funds, equity funds and funds that may have exposures to alternative asset classes, including commodities. The Investment Manager anticipates allocating approximately 65%-95% of the fund's total assets to the equity component and approximately 5%-35% of the fund's total assets to the fixed income component.


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Categories

HRACX - Mutual Fund Categories


Performance

HRACX - Performance

Return Ranking - Trailing

Period HRACX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.9% 0.3% 2.1% 76.83%
1 Yr 11.5% 2.3% 27.3% 47.21%
3 Yr 6.3%* -3.0% 12.2% 17.86%
5 Yr 2.6%* -3.9% 8.7% 38.62%
10 Yr 2.7%* -0.7% 10.2% 83.72%

* Annualized

Return Ranking - Calendar

Period HRACX Return Category Return Low Category Return High Rank in Category (%)
2019 17.0% 5.4% 23.0% 16.72%
2018 -9.8% -25.7% -4.4% 21.26%
2017 15.7% -0.6% 18.6% 6.86%
2016 4.5% -7.8% 13.9% 28.86%
2015 -10.2% -19.4% 0.0% 83.16%

Total Return Ranking - Trailing

Period HRACX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.9% 0.3% 2.1% 76.83%
1 Yr 11.5% 2.3% 25.4% 46.04%
3 Yr 7.5%* -2.0% 11.6% 25.97%
5 Yr 3.5%* -3.0% 10.8% 56.21%
10 Yr 6.2%* 0.9% 10.2% 58.72%

* Annualized

Total Return Ranking - Calendar

Period HRACX Return Category Return Low Category Return High Rank in Category (%)
2019 17.0% 5.4% 23.0% 16.72%
2018 -8.1% -25.7% -2.8% 41.92%
2017 17.6% -0.6% 22.8% 28.10%
2016 4.5% -7.8% 19.9% 73.83%
2015 -9.5% -14.9% 7.6% 95.44%

NAV & Total Return History


Holdings

HRACX - Holdings

Concentration Analysis

HRACX Category Low Category High HRACX % Rank
Net Assets 619 M 4.15 M 23 B 53.06%
Number of Holdings 19 4 992 60.93%
Net Assets in Top 10 483 M 3.72 M 21.9 B 49.85%
Weighting of Top 10 79.23% 23.8% 100.0% 56.56%

Top 10 Holdings

  1. Hartford Core Equity F 17.79%
  2. Hartford Equity Income F 11.68%
  3. Hartford Multifactor US Equity ETF 9.43%
  4. Hartford Multifactor Dev Mkts (exUS) ETF 7.45%
  5. Hartford Schroders Intl Multi-Cp Val F 6.94%
  6. Hartford Growth Opportunities F 6.00%
  7. Hartford Small Company F 5.09%
  8. Hartford MidCap F 5.08%
  9. Hartford International Opportunities F 4.99%
  10. Hartford Small Cap Value F 4.78%

Asset Allocation

Weighting Return Low Return High HRACX % Rank
Stocks
81.54% 20.25% 92.16% 15.74%
Bonds
13.97% 5.77% 76.83% 90.67%
Cash
4.08% -21.49% 12.15% 30.90%
Other
0.27% -2.54% 5.01% 39.36%
Convertible Bonds
0.12% 0.00% 3.23% 79.01%
Preferred Stocks
0.03% 0.00% 5.27% 44.90%

Stock Sector Breakdown

Weighting Return Low Return High HRACX % Rank
Financial Services
17.17% 0.00% 34.17% 30.03%
Healthcare
14.58% 0.00% 17.35% 11.95%
Technology
14.23% 0.00% 24.38% 77.26%
Industrials
12.60% 7.19% 16.17% 28.57%
Consumer Cyclical
10.57% 0.83% 18.51% 36.73%
Consumer Defense
7.46% 0.00% 11.89% 50.44%
Communication Services
7.34% 0.86% 10.41% 60.93%
Energy
4.87% 0.62% 19.74% 39.36%
Utilities
4.03% 0.00% 21.97% 16.62%
Basic Materials
3.67% 0.00% 15.07% 71.14%
Real Estate
3.49% 1.50% 46.41% 65.01%

Stock Geographic Breakdown

Weighting Return Low Return High HRACX % Rank
US
55.77% 12.13% 68.06% 14.87%
Non US
25.77% 8.04% 39.10% 16.03%

Bond Sector Breakdown

Weighting Return Low Return High HRACX % Rank
Government
38.86% 0.00% 55.69% 23.32%
Securitized
23.66% 0.00% 46.29% 44.02%
Cash & Equivalents
18.00% 0.69% 73.84% 27.41%
Corporate
16.17% 3.82% 97.52% 88.92%
Derivative
3.20% 0.00% 32.45% 33.24%
Municipal
0.12% 0.00% 15.51% 76.09%

Bond Geographic Breakdown

Weighting Return Low Return High HRACX % Rank
US
9.37% 5.59% 54.61% 92.13%
Non US
4.60% -5.48% 26.22% 49.27%

Expenses

HRACX - Expenses

Operational Fees

HRACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.33% 0.00% 4.78% 10.79%
Management Fee 0.10% 0.00% 1.25% 55.69%
12b-1 Fee 1.00% 0.00% 1.00% 77.68%
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

HRACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 24.14%

Trading Fees

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

HRACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.00% 1.00% 189.00% 53.37%

Distributions

HRACX - Distributions

Dividend Yield Analysis

HRACX Category Low Category High HRACX % Rank
Dividend Yield 0.00% 0.00% 0.95% 44.61%

Dividend Distribution Analysis

HRACX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Semi-Annually Quarterly Quarterly

Net Income Ratio Analysis

HRACX Category Low Category High HRACX % Rank
Net Income Ratio 1.22% -0.16% 6.49% 85.71%

Capital Gain Distribution Analysis

HRACX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Dividend Payout History

View More +

Fund Manager Analysis

HRACX - Fund Manager Analysis

Managers

Vernon Meyer


Start Date

Tenure

Tenure Rank

May 31, 2014

5.59

5.6%

Vernon J. Meyer, CFA, Managing Director and Chief Investment Officer of Hartford Funds Management Company, LLC. Prior to joining The Hartford in 2004, Mr. Meyer served as a vice president and managing director of MassMutual.

Allison Mortensen


Start Date

Tenure

Tenure Rank

Dec 01, 2015

4.08

4.1%

Allison Mortensen, CFA, Vice President, Head of Multi-Asset Solutions and Portfolio Manager of the Hartford Funds Management Company, LLC. Ms. Mortensen joined the Investment Manager in 2015. Prior to joining the Investment Manager, Ms. Mortensen served as a Senior Portfolio Manager at Aberdeen Asset Management, Inc. (formerly, Gartmore Global Investments) from 2004 to 2015. In this role, Ms. Mortensen developed and oversaw multi-asset, multi manager asset allocation strategies, and was responsible for dynamic asset allocation, portfolio construction and manager selection. Allison graduated with a BS in finance and computer science from the University of Richmond. She is a CFA Charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 25.27 6.12 7.62