Hartford Dividend and Growth HLS IA Fund (HIADX) a Zacks Rank #2 (Buy) was incepted in March 1994 and is managed by Hartford Stock HLS Fund. HIADX seeks growth of income and capital. HIADX invests a major portion of its assets in dividend paying stocks. Although HIADX primarily invests in the securities of U.S. issuers, it also invests nearly 20% of its assets in the securities of foreign issuers.
This Large Blend product, as of the last filing, allocates their fund in five major groups; Large Value, Large Growth, Foreign Bond, Intermediate Bond and Foreign Stock. Further, as of the last filing, Wells Fargo & Company (NYSE:WFC), Microsoft Corporation (NASDAQ:MSFT) and Merck (NYSE:MRK) & Co. Inc. were the top holdings for HIADX.
The Hartford Dividend and Growth HLS IA fund, managed by Hartford, carries an expense ratio of 0.67%. Moreover, HIADX requires a minimal initial investment of $0.
HIADX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 9.69% and 5 year 10.38%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
HIADX’s performance, as of the last filing, when compared to funds in its category was in the top 27% in 1 year, top 22% over the past 3 years, and in the 26% over the past 5 years.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Pick the best mutual funds with the Zacks Rank.
View All Zacks #1 Ranked Mutual Funds
Get Your Free (HIADX): Fund Analysis Report
Original post
Zacks Investment Research