Hartford Multi-Asset Income Fund Class A
ITTAX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- HARTFORD MUTUAL FUNDS INC/CT MD United States of America
- IPO Date
- Jul 22, 1996
- CIK
- 0001006415
- Website
- hartfordfunds.com
- Similar Companies
- Business
- Hartford Multi-Asset Income Fund Class A (ITTAX) is a mutual fund managed by Hartford Funds Management Company, LLC, that seeks to provide current income and long-term total return by investing in a diversified portfolio of fixed-income securities, equities, and alternative assets. The fund offers share classes including Class A (ITTAX), which features a front-end sales load and is designed for retail investors seeking income generation through a multi-asset approach; it employs a flexible allocation strategy across high-yield bonds, investment-grade debt, dividend-paying stocks, and opportunistic investments such as real estate investment trusts and floating-rate loans. Managed within the broader Hartford Funds family, the fund targets income-oriented investors including individuals, financial advisors, and institutions, with operations primarily in the United States and global markets for underlying securities. Established as part of Hartford Funds' offerings, which trace roots to The Hartford Financial Services Group, Inc. founded in 1810 and headquartered in Hartford, Connecticut, the fund operates under the oversight of Wesleyan Investment Company (the investment adviser) and Hartford Funds Management Company (the distributor). Core strategies emphasize bottom-up security selection, duration management, and tactical asset allocation to navigate interest rate environments and credit cycles, with a typical portfolio breakdown of approximately 50-70% fixed income, 20-40% equities, and the balance in alternatives. In recent developments, Hartford Funds announced enhancements to its multi-asset suite in 2024, including expanded use of exchange-traded funds (ETFs) for greater liquidity and cost efficiency within ITTAX and similar funds; the firm also completed a strategic partnership with PineBridge Investments in late 2023 to bolster global fixed-income capabilities, enabling new emerging market debt exposures. Additionally, the fund underwent a portfolio manager transition in early 2025, with seasoned professionals from the Hartford team assuming lead roles to refine yield-enhancement tactics amid rising rates. These changes reflect ongoing adaptations to provide competitive yields, currently around 5-6% distribution rates, while maintaining a focus on capital preservation.