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ITBAX Hartford Total Return Bond A Forecast, Technical & Fundamental Analysis

The investment seeks a competitive total return, with income as a secondary objective... Show more

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A.I.Advisor
published Highlights

Industry description

The investment seeks a competitive total return, with income as a secondary objective. The fund invests at least 80% of its assets in bonds that the sub-adviser considers to be attractive from a total return perspective along with current income. It may invest up to 20% of its net assets in securities rated below investment grade (also known as "junk bonds").
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A.I. Advisor
published General Information

General Information

Category IntermediateTermBond

Profile
Details
Category
Intermediate Core-Plus Bond
Address
HARTFORD MUTUAL FUNDS INC/CTItt Hartford Group NC P O Box 2999Hartford
Phone
8008626668
Web
www.hartfordfunds.com
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ITBAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, ITBAX has been closely correlated with PTRQX. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if ITBAX jumps, then PTRQX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ITBAX
1D Price
Change %
ITBAX100%
-0.45%
PTRQX - ITBAX
97%
Closely correlated
-0.43%
PDBZX - ITBAX
97%
Closely correlated
-0.34%
DTBRX - ITBAX
97%
Closely correlated
-0.43%
MWTIX - ITBAX
96%
Closely correlated
-0.45%
PDBAX - ITBAX
96%
Closely correlated
-0.34%
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