The Hartford Balanced Income Fund Class R5 (HBLTX)
The Hartford Balanced Income Fund Class R5 operates in the Asset Management industry of the Financial Services sector, headquartered in Larkspur, CA, US. The stock last traded at $15.30, up 0.07% on the session, giving a market capitalisation of $11.11B. Its beta of 0.77 implies it has historically moved less than the broad market.
The fund targets an allocation of approximately 45% equity securities and 55% 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. It may invest up to 20% of the fixed income portion of the portfolio in domestic non-investment grade debt.
The Hartford Balanced Income Fund Class R5 is most often compared with the following Financial Services names: