Hartford Target Retirement 2040 Fund

U.S. News evaluated 52 Target Date 2036-2040 Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 17.27 percent over the past year, 8.96 percent over the past three years, and 19.43 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 0.8%
1 Year 17.3%
3 Years (Annualized) 9.0%
5 Years (Annualized) 19.4%
10 Years (Annualized) N/A

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Summary

The investment seeks to maximize total return and secondarily, to seek capital preservation. The fund seeks to achieve its goal by investing in a diversified combination of other Hartford Mutual funds as well as certain exchange-traded funds ("ETFs") and exchange-traded notes ("ETNs") through an asset allocation strategy implemented by the sub-adviser, Wellington Management Company, LLP ("Wellington Management"). Under normal market conditions Wellington Management adjusts the fund's investments to achieve approximately 78% of assets in equity instruments and equity funds and approximately 22% of assets in fixed income instruments and fixed income funds.

Fees

Fees are Average compared to funds in the same category.
Hartford Target Retirement 2040 Fund has an expense ratio of 0.09 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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See Also:

Top Hartford Mutual Funds Funds