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Morningstar

Hartford Balanced Income R5 HBLTX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 14.33  /  0.49 %
  • Total Assets 14.2 Bil
  • Adj. Expense Ratio
    0.640%
  • Expense Ratio 0.630%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Large
  • Category Allocation—30% to 50% Equity
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Status Open
  • TTM Yield 3.06%
  • Turnover 60%

USD | NAV as of Jan 31, 2023 | 1-Day Return as of Jan 31, 2023, 11:16 PM GMT+00:00

Morningstar’s Analysis HBLTX

Will HBLTX 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 HBLTX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the HBLTX 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 HBLTX’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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