Hartford Moderately Aggressive Allocation Fund-A (HRAAX)
Hartford Moderately Aggressive Allocation Fund-A operates in the Asset Management industry of the Financial Services sector, headquartered in Hartford, CT, US. The stock last traded at $17.06, up 0.59% on the session, giving a market capitalisation of $602.3M. Its beta of 1.07 implies it has historically moved more than the broad market.
The fund aims to achieve its investment objectives by strategically investing in a diverse portfolio of underlying mutual funds and exchange-traded funds (ETFs). These sub-funds are advised by either Hartford Funds Management Company, LLC, or a directly owned subsidiary of the Investment Manager. The underlying investments span various asset classes, including fixed income, equities, and potentially alternative assets such as commodities. The Investment Manager generally expects to commit the majority of the fund's total assets, ranging from 65% to 95%, to equity components, while allocating approximately 5% to 35% to fixed income holdings.
Hartford Moderately Aggressive Allocation Fund-A is most often compared with the following Financial Services names: