Hartford Moderately Aggressive Allocation Fund-A

Frequently Asked Questions About HRAAX

What does HRAAX invest in?

The fund aims to achieve its investment objectives by strategically investing in a diverse portfolio of underlying mutual funds and exchange-traded funds (ETFs). These sub-funds are advised by either Hartford Funds Management Company, LLC, or a directly owned subsidiary of the Investment Manager. The underlying investments span various asset classes, including fixed income, equities, and potentially alternative assets such as commodities. The Investment Manager generally expects to commit the majority of the fund's total assets, ranging from 65% to 95%, to equity components, while allocating approximately 5% to 35% to fixed income holdings.

What is the expense ratio of HRAAX?

Hartford Moderately Aggressive Allocation Fund-A (HRAAX) charges an expense ratio of 1.08%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HRAAX?

Hartford Moderately Aggressive Allocation Fund-A (HRAAX) manages $581.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is HRAAX actively managed or an index fund?

HRAAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (HRAAX's is 1.08%) in exchange for the discretion to over- or under-weight positions.

When was HRAAX launched?

Hartford Moderately Aggressive Allocation Fund-A (HRAAX) launched in June 2004 and is managed by Hartford.

How has HRAAX performed?

HRAAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.