HRAIX: Hartford Growth Allocation I

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HRAIX Hartford Growth Allocation I


Profile

HRAIX - Profile

Vitals

  • YTD Return -4.5%
  • 3 Yr Annualized Return 1.8%
  • 5 Yr Annualized Return 1.0%
  • Net Assets $544 M
  • Holdings in Top 10 79.9%

52 WEEK LOW AND HIGH

$12.20
$9.08
$13.27

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.24%

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) $2,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -4.5%
  • 3 Yr Annualized Total Return 4.1%
  • 5 Yr Annualized Total Return 2.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.16%
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
    Aug 31, 2006
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • 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

Performance

HRAIX - Performance

Return Ranking - Trailing

Period HRAIX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.5% -50.9% 23.6% 52.64%
1 Yr -3.8% -59.0% 33.8% 59.18%
3 Yr 1.8%* -36.2% 25.5% 37.75%
5 Yr 1.0%* -23.0% 21.4% 52.27%
10 Yr 2.1%* -8.7% 18.3% 71.88%

* Annualized

Return Ranking - Calendar

Period HRAIX Return Category Return Low Category Return High Rank in Category (%)
2019 16.9% -46.3% 66.4% 65.68%
2018 -10.8% -64.5% 6.7% 18.71%
2017 15.7% -38.9% 80.9% 58.35%
2016 4.7% -26.1% 25.7% 45.76%
2015 -10.1% -42.3% 13.2% 78.34%

Total Return Ranking - Trailing

Period HRAIX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.5% -50.9% 23.6% 52.64%
1 Yr -3.8% -59.0% 33.8% 59.18%
3 Yr 4.1%* -35.6% 25.5% 31.84%
5 Yr 2.9%* -19.6% 21.4% 57.13%
10 Yr 6.7%* -6.6% 18.3% 56.70%

* Annualized

Total Return Ranking - Calendar

Period HRAIX Return Category Return Low Category Return High Rank in Category (%)
2019 16.9% -46.3% 66.4% 65.68%
2018 -7.1% -64.5% 6.7% 6.73%
2017 18.8% -20.0% 80.9% 59.58%
2016 5.5% -23.9% 32.0% 66.67%
2015 -8.4% -34.5% 13.2% 83.53%

NAV & Total Return History


Holdings

HRAIX - Holdings

Concentration Analysis

HRAIX Category Low Category High HRAIX % Rank
Net Assets 544 M 77.6 K 107 B 32.92%
Number of Holdings 18 1 9820 64.21%
Net Assets in Top 10 430 M -112 M 29.4 B 30.62%
Weighting of Top 10 79.91% 10.4% 109.6% 44.52%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High HRAIX % Rank
Stocks
80.23% 80.12% 259.02% 98.19%
Bonds
15.17% -235.37% 18.69% 3.75%
Cash
4.25% -108.02% 57.95% 38.93%
Convertible Bonds
0.14% 0.00% 8.12% 15.79%
Other
0.11% -2.38% 15.80% 34.42%
Preferred Stocks
0.10% 0.00% 6.43% 30.98%

Stock Sector Breakdown

Weighting Return Low Return High HRAIX % Rank
Technology
18.03% 0.00% 51.17% 43.59%
Healthcare
16.72% 0.00% 46.51% 16.92%
Financial Services
13.77% 0.00% 49.38% 61.52%
Industrials
11.12% 0.00% 47.20% 41.98%
Consumer Cyclical
10.91% 0.00% 32.90% 28.27%
Communication Services
8.06% 0.00% 68.91% 64.31%
Consumer Defense
7.76% 0.00% 32.33% 46.79%
Utilities
4.06% 0.00% 83.02% 23.16%
Real Estate
3.55% 0.00% 90.12% 60.45%
Basic Materials
3.23% 0.00% 36.18% 73.10%
Energy
2.80% 0.00% 85.32% 75.65%

Stock Geographic Breakdown

Weighting Return Low Return High HRAIX % Rank
US
56.56% -0.53% 78.64% 37.57%
Non US
23.67% 18.74% 207.18% 95.31%

Bond Sector Breakdown

Weighting Return Low Return High HRAIX % Rank
Government
34.27% 0.00% 100.00% 15.76%
Securitized
24.97% 0.00% 53.54% 5.89%
Corporate
18.89% 0.00% 91.24% 42.53%
Cash & Equivalents
17.53% -0.83% 100.00% 86.44%
Derivative
4.09% -0.66% 89.79% 14.63%
Municipal
0.25% 0.00% 38.51% 26.71%

Bond Geographic Breakdown

Weighting Return Low Return High HRAIX % Rank
US
11.10% -47.62% 16.66% 7.18%
Non US
4.07% -5.24% 8.08% 2.91%

Expenses

HRAIX - Expenses

Operational Fees

HRAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.24% 0.01% 45.88% 87.88%
Management Fee 0.10% 0.00% 1.50% 35.17%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

HRAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

HRAIX 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.

HRAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.00% 0.00% 614.00% 41.11%

Distributions

HRAIX - Distributions

Dividend Yield Analysis

HRAIX Category Low Category High HRAIX % Rank
Dividend Yield 0.00% 0.00% 36.09% 72.32%

Dividend Distribution Analysis

HRAIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

HRAIX Category Low Category High HRAIX % Rank
Net Income Ratio 2.16% -7.55% 13.14% 19.40%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

HRAIX - 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
0.08 37.85 4.84 0.5