The Hartford Mutual Funds announced that it has reopened the Hartford MidCap Fund to new investors. The fund, which currently has slightly more than $1.323 billion, according to Morningstar of Chicago, will be available to new investors until August 31, 2002 or until it achieves net news sales of $300 million, whichever comes first.

Despite a negative return over the course of the last year, the fund has performed well. It has a one-year return of –4.13%, putting it in the top 3% in the mid-cap growth category, according to Morningstar. And its three-year annualized return of 14.67% puts it in the top 6% in the category.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.