Hartford Multi Asset Income Fund Quote
| HAFIX Fund | USD 8.79 0.06 0.68% |
Performance0 of 100
| Odds Of DistressLess than 23
|
Hartford Multi is trading at 8.79 as of the 16th of April 2024; that is -0.68 percent decrease since the beginning of the trading day. The fund's open price was 8.85. Hartford Multi has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Hartford Multi Asset Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2022 and ending today, the 16th of April 2024. Click here to learn more.
The fund seeks to achieve its investment objective by investing in a broad range of equity and equity-related securities, debt securities, structured products, derivatives, money market instruments, and other investments. Under normal circumstances, it targets an allocation between 30-50 percent of the funds net assets in equity and equity-related securities and 50-70 percent of the funds net assets in fixed income securities and cash instruments.. More on Hartford Multi Asset Income
Moving together with Hartford Mutual Fund
| 0.63 | HGOSX | Hartford Growth | PairCorr |
| 0.63 | HGOTX | Hartford Growth Oppo | PairCorr |
| 0.63 | HGOVX | Hartford Growth | PairCorr |
| 0.63 | HGOYX | Hartford Growth | PairCorr |
Hartford Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hartford Multi's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hartford Multi or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Hartford Mutual Funds, Large Blend Funds, Allocation--30% to 50% Equity Funds, Allocation--30% to 50% Equity, Hartford Mutual Funds (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of March 2023 |
| Fiscal Year End | October |
Hartford Multi Asset Income [HAFIX] is traded in USA and was established 16th of April 2024. Hartford Multi is listed under Hartford Mutual Funds category by Fama And French industry classification. The fund is listed under Allocation--30% to 50% Equity category and is part of Hartford Mutual Funds family. This fund currently has accumulated 73.2 M in assets under management (AUM) with no minimum investment requirementsHartford Multi Asset is currently producing year-to-date (YTD) return of 0.24% with the current yeild of 0.03%, while the total return for the last 3 years was 0.45%.
Check Hartford Multi Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Hartford Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Hartford Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Hartford Multi Asset Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Hartford Multi Asset Income Mutual Fund Constituents
| BHP | BHP Group Limited | Stock | Materials |
| HWDFX | The Hartford World | Mutual Fund | World Bond |
| JNJ | Johnson Johnson | Stock | Health Care |
| MCD | McDonalds | Stock | Consumer Discretionary |
| MSFT | Microsoft | Stock | Information Technology |
| NEM | Newmont Goldcorp Corp | Stock | Materials |
| RIO | Rio Tinto ADR | Stock | Materials |
Hartford Multi Target Price Odds Analysis
Based on a normal probability distribution, the odds of Hartford Multi jumping above the current price in 90 days from now is over 95.67%. The Hartford Multi Asset Income probability density function shows the probability of Hartford Multi mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Hartford Multi has a beta of 0.461. This usually indicates as returns on the market go up, Hartford Multi average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hartford Multi Asset Income will be expected to be much smaller as well. Additionally, hartford Multi Asset Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Hartford Multi to move above the current price in 90 days from now is over 95.67 (This Hartford Multi Asset Income probability density function shows the probability of Hartford Mutual Fund to fall within a particular range of prices over 90 days) .
Hartford Multi Asset Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Hartford Multi market risk premium is the additional return an investor will receive from holding Hartford Multi long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hartford Multi. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Hartford Multi's alpha and beta are two of the key measurements used to evaluate Hartford Multi's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2868 | |||
| Standard Deviation | 0.3884 | |||
| Variance | 0.1508 | |||
| Risk Adjusted Performance | (0.02) |
Hartford Multi Against Markets
Picking the right benchmark for Hartford Multi mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hartford Multi mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hartford Multi is critical whether you are bullish or bearish towards Hartford Multi Asset Income at a given time. Please also check how Hartford Multi's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Hartford Multi without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Rebalancing Now
Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
How to buy Hartford Mutual Fund?
Before investing in Hartford Multi, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Hartford Multi. To buy Hartford Multi fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hartford Multi. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Hartford Multi fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Hartford Multi Asset Income fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Hartford Multi Asset Income fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Hartford Multi Asset Income, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Hartford Multi Asset Income?
The danger of trading Hartford Multi Asset Income is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hartford Multi is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hartford Multi. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hartford Multi Asset is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Multi Asset Income. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.