Fund Evaluator:
Hartford Balanced HLS IB (HAIBX)
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Best Performing in Moderate Allocation Over the Last Year
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Fund Details
Hartford Balanced HLS IB Overview
Hartford Balanced HLS IB (HAIBX) is an actively managed Allocation Moderate Allocation fund. Hartford Mutual Funds launched the fund in 1998.
The investment seeks long-term total return. The fund's sub-adviser, targets an allocation between 50% and 70% of the fund's net assets in equity securities and 30% to 50% of fund's net assets in debt securities and cash instruments. It will not normally hold more than 10% in cash or cash equivalents.
About Hartford Balanced HLS IB (HAIBX)
There are 2 members of the management team with an average tenure of 4.67 years: Loren Moran (2017), Douglas McLane (2026). Management tenure is more important for actively managed funds than passive index funds.
The fund has 4 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100%, Bloomberg US Govt/Credit TR USD index with a weighting of 35%, ICE BofA US 3M Trsy Bill TR USD index with a weighting of 5% and S&P 500 (TR) (1970) index with a weighting of 60%. Hartford Balanced HLS IB has 483 securities in its portfolio. The top 10 holdings constitute 29.1% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Hartford Balanced HLS IB is part of the Allocation global asset class and is within the Allocation fund group. Hartford Balanced HLS IB has 2.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 63.6%. There is 0.9% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 33.9% (32.6% domestic bond, 1.4% foreign bond and 0.0% convertible bond). Hartford Balanced HLS IB has 1.5% of the portfolio in cash.
Assets Under Management
The fund has $174 million in total assets, which is below the $2 billion average for the Moderate Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
HAIBX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Hartford Balanced HLS IB expense ratio is high compared to funds in the Moderate Allocation category. Hartford Balanced HLS IB has an expense ratio of 0.91%, which is 8% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Hartford Balanced HLS IB has a portfolio turnover rate of 66%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 52% for the Moderate Allocation category.
Recently, in the month of July 2026, Hartford Balanced HLS IB returned -1.1%, which earned it a grade of F, as the Moderate Allocation category had an average return of -0.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Hartford Balanced HLS IB has a trailing yield of 1.45%, which is below the 1.97% category average. The fund normally distributes its income semi-annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Hartford Balanced HLS IB Grades
Year to date, the fund has returned 3.7%, 2.7 percentage points worse than the category, which translates into a grade of F. The fund has returned 9.1% over the past year (grade of F), 10.3% over the past three years (grade of F) and 5.9% per year over the past five years (grade of D) and 8.4% per year over the past 10 years (grade of C).
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HAIBX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| HAIBX Return (NAV) | -1.1% | -0.1% | 9.1% | 10.3% | 5.9% | 8.4% |
| HAIBX Grade | F | F | F | F | D | C |
| +/- Category | -0.9% | -2.2% | -4.0% | -1.7% | -0.7% | -0.0% |
| Moderate Allocation Avg | -0.3% | 2.1% | 13.1% | 12.0% | 6.6% | 8.5% |
| HAIBX Tax Cost Ratio | na | na | 3.0% | 2.2% | 2.4% | 2.0% |
HAIBX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| HAIBX Return (NAV) | 3.7% | 11.9% | 10.9% | 14.5% | -13.7% | 19.4% | 11.4% | 22.5% | -5.5% | 15.3% | 5.8% |
| HAIBX Grade | F | D | D | C | C | A | D | A | D | B | D |
| +/- Category | -2.7% | -1.5% | -1.3% | 0.2% | 0.3% | 5.0% | -1.6% | 2.6% | -0.4% | 1.5% | -1.9% |
| Moderate Allocation Avg | 6.4% | 13.4% | 12.2% | 14.3% | -14.0% | 14.4% | 12.9% | 19.8% | -5.1% | 13.8% | 7.7% |
| Risk Measures | |
| Standard Deviation: | 9.7% |
| Total Risk Index: | 0.79 - Average |
| Category Risk Index: | 1.05 - High |
| Category Risk Grade: | F (85% Rank) |
| Beta: | 0.96 |
| R-Squared: | 86% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 1.5% |
| Dividend Distribution: | Semi-Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $1546 Mil |
| Fund Total Assets: | $ 174 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 66% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 9.3 years | |||
| Average Tenure: 4.7 years | |||
| Managers (Year): Moran Loren (2017), McLane Douglas (2026) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 483 |
| % in Top 10 Holdings: | 29.1% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 2.2% |
Portfolio Allocation |
|
| Domestic Stock: | 63.6% |
| Foreign Stock: | 0.9% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 32.6% |
| Foreign Bond: | 1.4% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.5% |
Purchase Information
| Fund Family: | Hartford Mutual Funds |
| Phone Number: | 888-843-7824 |
| Website: | www.hartfordfunds.com |
| Status: | Open |
| Inception Date: | April 1, 1998 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 0.91% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.99% |
| Share Class: | Hartford Balanced HLS IA |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
