Skip to Content

Hartford Balanced Income R3 HBLRX

Analyst rating as of
NAV / 1-Day Return
14.26  /  1.28 %
Total Assets
14.1 Bil
Adj. Expense Ratio
1.230%
Expense Ratio
1.230%
Fee Level
Above Average
Longest Manager Tenure
15.91 years
Category
Allocation--30% to 50% Equity
Investment Style
Large Value
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Status
Open
TTM Yield
1.73%
Turnover
44%

Morningstar’s Analysis

Will HBLRX outperform in future?

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

A retirement doesn't alter our views.

Senior Analyst

Summary

| |

Hartford Balanced Income’s managers maintain a disciplined, time-tested process. Lead equity manager Michael Reckmeyer will retire in June 2022 and Matthew Hand, who has been on the team for 17 years, will take over. We have confidence in this carefully planned transition and are maintaining our ratings. Its cheapest share classes earn a Morningstar Analyst Rating of Silver, while its more expensive share classes are rated Bronze or Neutral.

Unlock our full analysis with Morningstar Investor