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Morningstar

Hartford Balanced Income C HBLCX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 13.99  /  0.36 %
  • Total Assets 14.2 Bil
  • Adj. Expense Ratio
    1.620%
  • Expense Ratio 1.610%
  • Distribution Fee Level Average
  • Share Class Type Level Load
  • Category Allocation—30% to 50% Equity
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Status Open
  • TTM Yield 2.10%
  • Turnover 60%

USD | NAV as of Jan 26, 2023 | 1-Day Return as of Jan 26, 2023, 11:14 PM GMT+00:00

Morningstar’s Analysis HBLCX

Will HBLCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HBLCX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the HBLCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of HBLCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Recent changes don’t detract from this compelling offering.

Associate Director

Summary

| by Patricia Oey

A recent equity manager transition should not adversely affect Hartford Balanced Income’s disciplined, time-tested process. We maintain our Morningstar Analyst Rating of Silver for the two cheapest share classes, while the more-expensive share classes are rated Bronze or Neutral.

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