Hartford Multi-Asset Income Fund Class A (ITTAX)
Hartford Multi-Asset Income Fund Class A operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Wayne, PA, US. The stock last traded at $20.61, up 0.00% on the session, giving a market capitalisation of $579.1M. Its beta of 0.69 implies it has historically moved less than the broad market.
This fund aims to deliver a substantial level of ongoing income while concurrently pursuing growth for its capital. It accomplishes this objective by strategically diversifying its investments across a wide spectrum of asset classes. Under typical market conditions, Wellington Management Company LLP, which acts as the fund's sub-adviser, generally maintains a portfolio allocation where 30% to 50% of the fund's net assets are held in equity securities, with the remaining 50% to 70% dedicated to fixed-income instruments and cash.
Hartford Multi-Asset Income Fund Class A is most often compared with the following Financial Services names: