The Hartford Equity Income Fund (HQIIX)
The Hartford Equity Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Wayne, PA, US. The stock last traded at $22.51, up 0.00% on the session, giving a market capitalisation of $4.92B. Its beta of 0.61 implies it has historically moved less than the broad market.
The fund typically aims to achieve its financial objectives by allocating a minimum of 80% of its portfolio to equity holdings. Its investment strategy primarily targets shares of companies with substantial market valuations, specifically those exceeding $2 billion. A crucial requirement for any stock purchased is that it must either already be paying dividends or be anticipated to start doing so within the following twelve months. Additionally, the fund is permitted to invest up to 20% of its total net assets in securities from non-U.S. companies or those denominated in foreign currencies.
The Hartford Equity Income Fund is most often compared with the following Financial Services names: