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HARTFORD, Conn. (TheStreet) -- Only one of 19 mutual funds that was started three years ago received Ratings' top rank of "excellent." Ratings initiated coverage of the funds after they accrued a track record of 36 months of risk and performance data by the end of July 2009.

The top-ranked fund,

Hartford Balanced Income A

(HBLAX) - Get Hartford Balanced Income A Report

, seeks to provide income, with growth of capital as a secondary objective. The fund's target mix is 45% in equities and 55% in fixed income. The managers favor above-average dividend-paying stocks and investment-grade debt.

Top holdings of Hartford Balanced Income A include


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Home Depot

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Research Methodology Ratings condenses fund performance and risk data into a single composite opinion of each fund's risk-adjusted performance. This allows the unbiased identification of those funds that have historically done well and those that have underperformed the market.

The funds listed below have either reached their three-year anniversary or are additional share classes of existing funds for which the fund companies have submitted three years of pro-forma results.

Funds rated A or B are considered "buy" based on a track record of higher-than-average risk-adjusted performance. Funds at the C level are rated as "hold," while underperformers at D and E rank as "sell."

For more information, check out an

explanation of our ratings


Kevin Baker became the senior financial analyst for TSC Ratings upon the August 2006 acquisition of Weiss Ratings by, covering mutual funds. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.