5 / 5 Stars
5 4 5 5 3
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
U.S. News evaluated 183 Conservative Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 7.50 percent over the past year, 9.44 percent over the past three years, and 13.45 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-1.3%|
|3 Years (Annualized)||9.4%|
|5 Years (Annualized)||13.4%|
|10 Years (Annualized)||N/A|
The investment seeks to provide current income with growth of capital as a secondary objective. The fund normally 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 will invest primarily in common stocks with a history of above-average dividends or expectations of increasing dividends, which may include a broad range of market capitalizations generally above $2 billion. It may invest up to 20% of the fixed income portion of the portfolio in domestic non-investment grade debt.
Fees are Above Average compared to funds in the same category.
Hartford Balanced Income Fund has an expense ratio of 1.70 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.