The Hartford Total Return Bond Fund Class Y (HABYX)
The Hartford Total Return Bond Fund Class Y operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Wayne, PA, US. The stock last traded at $9.01, up 0.00% on the session, giving a market capitalisation of $4.27B. Its beta of 1.02 implies it has historically moved more than the broad market.
The fund's main goal is to deliver strong overall returns, with income generation serving as a secondary objective. It commits at least 80% of its capital to fixed-income securities chosen by the sub-adviser for their promising total return potential alongside their ability to generate current income. Furthermore, the fund has the option to allocate up to 20% of its net assets to speculative-grade bonds, also known as "junk bonds."
The Hartford Total Return Bond Fund Class Y is most often compared with the following Financial Services names: