HRAFX: Hartford Growth Allocation F

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

HRAFX Hartford Growth Allocation F


Profile

HRAFX - Profile

Vitals

  • YTD Return -1.9%
  • 3 Yr Annualized Return 2.1%
  • 5 Yr Annualized Return N/A
  • Net Assets $544 M
  • Holdings in Top 10 82.4%

52 WEEK LOW AND HIGH

$12.54
$9.09
$13.28

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.15%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 25.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification

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

Distributions

  • YTD Total Return -1.9%
  • 3 Yr Annualized Total Return 4.5%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.77%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Hartford Growth Allocation Fund
  • Fund Family Name
    Hartford Mutual Funds
  • Inception Date
    Feb 28, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • 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.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Fund Company Quick Screens

HRAFX - Fund Company Quick Screens


Performance

HRAFX - Performance

Return Ranking - Trailing

Period HRAFX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.9% -36.6% 21.4% 67.09%
1 Yr 1.0% -36.6% 24.7% 51.85%
3 Yr 2.1%* -16.6% 12.0% 19.58%
5 Yr N/A* -12.1% 12.3% 7.44%
10 Yr N/A* -9.2% 16.9% 17.71%

* Annualized

Return Ranking - Calendar

Period HRAFX Return Category Return Low Category Return High Rank in Category (%)
2019 16.8% -12.0% 45.6% 10.60%
2018 -10.8% -32.7% 10.9% 43.63%
2017 N/A -9.1% 28.6% N/A
2016 N/A -43.7% 13.8% N/A
2015 N/A -19.4% 6.0% N/A

Total Return Ranking - Trailing

Period HRAFX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.9% -36.6% 21.4% 67.09%
1 Yr 1.0% -36.6% 24.7% 51.62%
3 Yr 4.5%* -15.4% 12.0% 12.97%
5 Yr N/A* -12.1% 12.3% 16.83%
10 Yr N/A* -9.2% 16.9% 31.77%

* Annualized

Total Return Ranking - Calendar

Period HRAFX Return Category Return Low Category Return High Rank in Category (%)
2019 16.8% -12.0% 45.6% 10.60%
2018 -7.0% -32.7% 10.9% 38.24%
2017 N/A -6.7% 28.6% N/A
2016 N/A -43.7% 20.7% N/A
2015 N/A -14.9% 8.0% N/A

NAV & Total Return History


Holdings

HRAFX - Holdings

Concentration Analysis

HRAFX Category Low Category High HRAFX % Rank
Net Assets 544 M 2.21 M 105 B 57.49%
Number of Holdings 17 4 5262 81.31%
Net Assets in Top 10 449 M -100 M 20 B 45.53%
Weighting of Top 10 82.40% 5.7% 100.0% 31.34%

Top 10 Holdings

  1. Hartford Core Equity F 18.39%
  2. Hartford Equity Income F 10.40%
  3. Hartford Multifactor US Equity ETF 8.97%
  4. Hartford Core Bond ETF 7.42%
  5. Hartford Multifactor Dev Mkts (exUS) ETF 7.08%
  6. Hartford Schroders Intl Multi-Cp Val F 6.50%
  7. Hartford International Opportunities F 6.29%
  8. Hartford Growth Opportunities F 5.97%
  9. Hartford World Bond F 5.94%
  10. Hartford Small Company F 5.44%

Asset Allocation

Weighting Return Low Return High HRAFX % Rank
Stocks
77.88% -1.92% 80.06% 5.16%
Bonds
16.76% -34.50% 162.52% 90.14%
Cash
4.93% -79.74% 107.28% 47.48%
Convertible Bonds
0.22% -0.84% 17.20% 80.16%
Preferred Stocks
0.10% 0.00% 38.31% 50.57%
Other
0.10% -7.97% 95.53% 56.88%

Stock Sector Breakdown

Weighting Return Low Return High HRAFX % Rank
Technology
18.27% 0.00% 88.31% 40.51%
Healthcare
16.21% 0.00% 50.47% 21.17%
Financial Services
14.21% 0.00% 26.57% 42.46%
Industrials
11.52% 0.00% 31.64% 20.60%
Consumer Cyclical
11.46% 0.00% 26.92% 25.78%
Communication Services
8.18% 0.00% 43.54% 58.57%
Consumer Defense
7.81% 0.00% 25.99% 51.21%
Utilities
3.79% 0.00% 38.45% 40.28%
Real Estate
3.27% 0.00% 82.48% 71.58%
Basic Materials
3.17% 0.00% 18.30% 75.37%
Energy
2.11% 0.00% 100.00% 84.00%

Stock Geographic Breakdown

Weighting Return Low Return High HRAFX % Rank
US
54.33% -1.93% 61.27% 4.93%
Non US
23.55% -1.22% 34.23% 18.23%

Bond Sector Breakdown

Weighting Return Low Return High HRAFX % Rank
Government
36.40% 0.00% 88.46% 17.20%
Corporate
23.52% 0.00% 94.66% 77.18%
Cash & Equivalents
18.83% -31.57% 100.00% 36.47%
Securitized
16.26% 0.00% 66.00% 63.53%
Derivative
4.83% -0.40% 46.39% 20.30%
Municipal
0.16% 0.00% 47.46% 62.39%

Bond Geographic Breakdown

Weighting Return Low Return High HRAFX % Rank
US
15.28% -68.01% 86.89% 79.82%
Non US
1.48% -7.40% 75.63% 87.16%

Expenses

HRAFX - Expenses

Operational Fees

HRAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.15% 0.01% 22.24% 95.64%
Management Fee 0.10% 0.00% 1.95% 34.82%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

HRAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

HRAFX 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.

HRAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.00% 0.29% 447.00% 29.88%

Distributions

HRAFX - Distributions

Dividend Yield Analysis

HRAFX Category Low Category High HRAFX % Rank
Dividend Yield 0.00% 0.00% 4.42% 93.47%

Dividend Distribution Analysis

HRAFX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

HRAFX Category Low Category High HRAFX % Rank
Net Income Ratio 1.77% -0.95% 6.29% 57.70%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

HRAFX - Fund Manager Analysis

Managers

Vernon Meyer


Start Date

Tenure

Tenure Rank

May 31, 2014

6.09

6.1%

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

4.58

4.6%

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
0.17 28.52 6.3 0.5