The Hartford Global Fund Quote
| HRLAX Fund | USD 8.77 0.01 0.11% |
Performance12 of 100
| Odds Of DistressLess than 19
|
Hartford Global is trading at 8.77 as of the 18th of April 2024; that is -0.11 percent decrease since the beginning of the trading day. The fund's open price was 8.78. Hartford Global has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for The Hartford Global are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
The fund seeks its investment objective by investing in a globally diverse mix of investments. It will target an investment allocation of approximately 50 percent of its net assets in equity securities, 40 percent of its net assets in fixed income investments, and 10 percent of its net assets in commodity-related investments.. More on The Hartford Global
Moving together with Hartford Mutual Fund
| 0.68 | HGOFX | Hartford Growth | PairCorr |
| 0.68 | HGOIX | Hartford Growth | PairCorr |
| 0.67 | HGORX | Hartford Growth | PairCorr |
| 0.67 | HGOSX | Hartford Growth | PairCorr |
| 0.67 | HGOTX | Hartford Growth Oppo | PairCorr |
| 0.68 | HGOVX | Hartford Growth | PairCorr |
| 0.67 | HGOYX | Hartford Growth | PairCorr |
Hartford 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. Hartford Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hartford Global 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, World Allocation Funds, World Allocation, 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 Global [HRLAX] is traded in USA and was established 18th of April 2024. Hartford Global is listed under Hartford Mutual Funds category by Fama And French industry classification. The fund is listed under World Allocation category and is part of Hartford Mutual Funds family. This fund currently has accumulated 123.42 M in assets under management (AUM) with no minimum investment requirementsHartford Global is currently producing year-to-date (YTD) return of 2.18% with the current yeild of 0.04%, while the total return for the last 3 years was 7.12%.
Check Hartford Global 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 Hartford 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 Hartford 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 Global 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 Global Mutual Fund Constituents
| RYDAF | Shell PLC | Pink Sheet | Oil & Gas Integrated |
| OXY | Occidental Petroleum | Stock | Energy |
| BPAQF | BP plc | Pink Sheet | Oil & Gas Integrated |
| MOO | VanEck Agribusiness ETF | Etf | Natural Resources |
| XOP | SPDR SP Oil | Etf | Equity Energy |
| XOM | Exxon Mobil Corp | Stock | Energy |
| XLE | Energy Select Sector | Etf | Equity Energy |
Hartford Global Target Price Odds Analysis
Based on a normal probability distribution, the odds of Hartford Global jumping above the current price in 90 days from now is about 18.28%. The The Hartford Global probability density function shows the probability of Hartford Global mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Hartford Global has a beta of 0.6161. This usually indicates as returns on the market go up, Hartford Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The Hartford Global will be expected to be much smaller as well. Additionally, the Hartford Global has an alpha of 0.0071, implying that it can generate a 0.007053 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Hartford Global to move above the current price in 90 days from now is about 18.28 (This The Hartford Global probability density function shows the probability of Hartford Mutual Fund to fall within a particular range of prices over 90 days) .
Hartford Global Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Hartford Global market risk premium is the additional return an investor will receive from holding Hartford Global 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 Hartford Global. 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 Hartford Global's alpha and beta are two of the key measurements used to evaluate Hartford Global's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.3982 | |||
| Semi Deviation | 0.5514 | |||
| Standard Deviation | 0.5129 | |||
| Variance | 0.263 |
Hartford Global Against Markets
Picking the right benchmark for Hartford Global 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 Hartford Global 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 Hartford Global is critical whether you are bullish or bearish towards The Hartford Global at a given time. Please also check how Hartford Global'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 Hartford Global 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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Financial WidgetsEasily integrated Macroaxis content with over 30 different plug-and-play financial widgets |
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How to buy Hartford Mutual Fund?
Before investing in Hartford Global, 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 Hartford Global. To buy Hartford Global fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hartford Global. 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 Hartford Global 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 Global 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 Global 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 Global, 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 Global?
The danger of trading The Hartford Global 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 Hartford Global 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 Hartford Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hartford Global 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 Global. 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 nation. Note that the Hartford Global information on this page should be used as a complementary analysis to other Hartford Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.