Hartford Dividend and Growth Fund Class A
IHGIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Hartford CT 06115 Atlanta GA United States of America 30309
- IPO Date
- Jul 22, 1996
- CIK
- 0001006415
- Website
- invesco.com
- Similar Companies
- Business
- Hartford Dividend and Growth Fund Class A (IHGIX) is an open-end mutual fund that seeks a high level of current income consistent with growth of capital by investing primarily in a diversified portfolio of dividend-paying equity securities of large-cap companies, focusing on undervalued leaders with consistent cash flows, attractive valuations, and healthy dividends; it employs capital-cycle analysis to identify buy, sell, or hold opportunities across market cycles. The fund, sub-advised by Wellington Management Company LLP, allocates approximately 99% to equities with 86.87% in U.S. stocks and 12.16% in non-U.S. stocks, targeting primarily companies with market capitalizations greater than $10 billion; top holdings include Alphabet Inc., Microsoft Corp., Cisco Systems Inc., S&P Global Inc., and Bank of America Corp., representing key sectors such as financials, industrials, health care, information technology, and consumer staples. Launched on July 22, 1996, and domiciled in the United States with daily pricing, the Class A shares carry a front-end load of 5.50%, a net expense ratio of 0.96%, and a minimum initial investment of $2,000. Managed by a team at Wellington including Matthew Baker (since March 2010), Nataliya Kofman (since August 2019), and Brian Schmeer (since March 2023), the fund maintains a portfolio of 71 holdings, low turnover of 28%, and a beta of 0.75 relative to the S&P 500 Index. It distributes dividends quarterly, with recent payouts including $0.1045 per share on September 26, 2025, $0.1217 on June 26, 2025, $0.1315 on March 27, 2025, and a special year-end distribution of $3.0527 (including long-term capital gains) on December 11, 2024. Hartford Dividend and Growth Fund Class A is offered by Hartford Funds, a subsidiary of The Hartford Financial Services Group, Inc. (founded 1810 and headquartered in Hartford, Connecticut), with Hartford Funds itself established in 1996 and headquartered in Wayne, Pennsylvania. The fund operates within the large value category, serving U.S. investors through various distribution channels including broker-dealers and retirement plans. In recent developments, Hartford Funds has expanded its ETF platform, surpassing $5 billion in assets under management as of late 2024 with strong inflows into fixed income ETFs like Hartford Total Return Bond ETF (HTRB) and Hartford Schroders Tax-Aware Bond ETF (HTAB), alongside new launches such as Hartford Multifactor International Small Company ETF (ROIS), Hartford US Value ETF (VMAX), and Hartford US Quality Growth ETF (HQGO). The firm maintains long-standing sub-advisory partnerships with Wellington Management (since 1996 for equities) and Schroders, enhancing its multi-asset capabilities; additionally, in May 2025, Hartford Funds announced closures and liquidations of select underperforming ETFs including Hartford Schro Commodity ETF and Hartford Longevity Economy ETF, effective June 2025. These strategic moves reflect ongoing portfolio optimization and focus on high-demand active strategies amid market shifts.