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Why Invest In Hartford MidCap HLS IA Fund (HIMCX)?

Published 08/18/2017, 08:45 AM
Updated 07/09/2023, 06:31 AM
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Hartford MidCap HLS IA Fund HIMCX seeks appreciation of capital for the long run. HIMCX invests a bulk of its assets in common stocks of mid-cap companies. HIMCX also invests around one-fifth of its assets in foreign companies and non-dollar securities. HIMCX focuses mainly on high-quality securities.

This Mid Blend producthas a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 10.8% and 5 year 16.3%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.

HIMCX’s performance, as of the last filing, when compared to funds in its category was in the top 13% over the past 1 year, and in the top 18% over the past 3 years and in the top 7% over the past 5 years.

The Hartford MidCap HLS IA fund, as of the last filing, allocates their fund in top two major groups; Small Growth and Large Growth. Further, as of the last filing, Genpact Ltd, TransUnion and VeriSign Inc (NASDAQ:VRSN) were the top holdings for HIMCX.

This Zacks Rank #2 (Buy) was incepted in July 1997 and is managed by Hartford. HIMCX carries an expense ratio of 0.70% and requires a minimal initial investment of $0.

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