The Hartford Balanced Income Fund Class R6 (HBLVX)
Price:
15.32 USD
( + 0.04 USD)
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0 USD
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DESCRIPTION
The investment seeks to provide current income with growth of capital as a secondary objective. The fund 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 invests primarily in common stocks with a history of above-average dividends or expectations of increasing dividends. It may invest up to 20% of the fixed income portion of the portfolio in domestic non-investment grade debt.
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