The Hartford Balanced Fund Quote
| HBLIX Fund | USD 13.99 0.04 0.29% |
Performance0 of 100
| Odds Of DistressLess than 22
|
The Hartford is trading at 13.99 as of the 17th of April 2024; that is 0.29 percent increase since the beginning of the trading day. The fund's open price was 13.95. The Hartford has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for The Hartford Balanced are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of March 2024 and ending today, the 17th of April 2024. Click here to learn more.
The fund targets an allocation of approximately 45 percent equity securities and 55 percent fixed income investments, with the allocation generally varying by no more than -5. The equity portion of the fund invests primarily in common stocks with a history of above-average dividends or expectations of increasing dividends. More on The Hartford Balanced
Moving together with The Mutual Fund
| 0.69 | HGOFX | Hartford Growth | PairCorr |
| 0.69 | HGOIX | Hartford Growth | PairCorr |
| 0.69 | HGORX | Hartford Growth | PairCorr |
| 0.69 | HGOSX | Hartford Growth | PairCorr |
| 0.69 | HGOTX | Hartford Growth Oppo | PairCorr |
| 0.69 | HGOVX | Hartford Growth | PairCorr |
| 0.69 | HGOYX | Hartford Growth | PairCorr |
The Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. The Hartford's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding The Hartford or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Hartford Mutual Funds, Large Value Funds, Allocation--30% to 50% Equity Funds, Allocation--30% to 50% Equity, Hartford Mutual Funds (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of March 2023 |
| Fiscal Year End | October |
The Hartford Balanced [HBLIX] is traded in USA and was established 17th of April 2024. The Hartford is listed under Hartford Mutual Funds category by Fama And French industry classification. The fund is listed under Allocation--30% to 50% Equity category and is part of Hartford Mutual Funds family. This fund currently has accumulated 13.45 B in assets under management (AUM) with no minimum investment requirementsHartford Balanced is currently producing year-to-date (YTD) return of 1.11% with the current yeild of 0.04%, while the total return for the last 3 years was 1.52%.
Check The Hartford Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on The Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding The Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as The Hartford Balanced Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top The Hartford Balanced Mutual Fund Constituents
| WFC | Wells Fargo | Stock | Financials |
| INTC | Intel | Stock | Information Technology |
| LLY | Eli Lilly and | Stock | Health Care |
| SU | Suncor Energy | Stock | Energy |
| CB | Chubb | Stock | Financials |
| VZ | Verizon Communications | Stock | Communication Services |
| PFE | Pfizer Inc | Stock | Health Care |
The Hartford Target Price Odds Analysis
Based on a normal probability distribution, the odds of The Hartford jumping above the current price in 90 days from now is about 77.78%. The The Hartford Balanced probability density function shows the probability of The Hartford mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon The Hartford has a beta of 0.5395. This usually indicates as returns on the market go up, The Hartford average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The Hartford Balanced will be expected to be much smaller as well. Additionally, the Hartford Balanced has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of The Hartford to move above the current price in 90 days from now is about 77.78 (This The Hartford Balanced probability density function shows the probability of The Mutual Fund to fall within a particular range of prices over 90 days) .
The Hartford Top Holders
| SIRAX | Sierra E Retirement | Mutual Fund | Tactical Allocation |
| SIRIX | Sierra E Retirement | Mutual Fund | Tactical Allocation |
| SIRRX | Sierra E Retirement | Mutual Fund | Tactical Allocation |
| SIRZX | Sierra E Retirement | Mutual Fund | Tactical Allocation |
Hartford Balanced Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. The Hartford market risk premium is the additional return an investor will receive from holding The Hartford long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in The Hartford. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although The Hartford's alpha and beta are two of the key measurements used to evaluate The Hartford's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.3392 | |||
| Standard Deviation | 0.4476 | |||
| Variance | 0.2004 | |||
| Risk Adjusted Performance | (0.02) |
The Hartford Against Markets
Picking the right benchmark for The Hartford mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in The Hartford mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for The Hartford is critical whether you are bullish or bearish towards The Hartford Balanced at a given time. Please also check how The Hartford's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in The Hartford without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy The Mutual Fund?
Before investing in The Hartford, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in The Hartford. To buy The Hartford fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of The Hartford. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase The Hartford fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located The Hartford Balanced fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased The Hartford Balanced fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as The Hartford Balanced, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in The Hartford Balanced?
The danger of trading The Hartford Balanced is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of The Hartford is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than The Hartford. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hartford Balanced is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Hartford Balanced. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.