The Hartford Balanced Income Fund (HBLYX)

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The chart shows the growth of an initial investment of $10,000 in The Hartford Balanced Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

The Hartford Balanced Income Fund (HBLYX) has returned -1.56% so far this year and 6.11% over the past 12 months. Over the last ten years, HBLYX has returned 6.59% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jul 31, 2006, HBLYX's average daily return is +0.03%, while the average monthly return is +0.58%. At this rate, your investment would double in approximately 10.0 years.

Historically, 67% of months were positive and 33% were negative. The best month was Jul 2009 with a return of +7.0%, while the worst month was Oct 2008 at -9.6%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.

On a daily basis, HBLYX closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +4.6%, while the worst single day was Mar 12, 2020 at -5.6%.

The Hartford Balanced Income Fund has an annualized alpha of 3.12%, beta of 0.39, and R² of 0.79 versus S&P 500 Index. Calculated based on daily prices since August 01, 2006.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (52.26%) than losses (51.37%) — typical of diversified or defensive assets.
• This fund generated an annualized alpha of 3.12% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• Beta of 0.39 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

HBLYX has an expense ratio of 0.64%, placing it in the medium range.

HBLYX ranks 39 for risk / return — below 39% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for The Hartford Balanced Income Fund (HBLYX) and compare them to a chosen benchmark (S&P 500 Index).

The Hartford Balanced Income Fund provided a 7.08% dividend yield over the last twelve months, with an annual payout of $1.03 per share.

The table displays the monthly dividend distributions for The Hartford Balanced Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the The Hartford Balanced Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the The Hartford Balanced Income Fund was 31.36%, occurring on Mar 9, 2009. Recovery took 213 trading sessions.

The current The Hartford Balanced Income Fund drawdown is 5.33%.

The chart below shows the rolling one-month volatility.