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Multi-Strategy fund

Hartford Balanced HLS Fund   

MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 5 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 703, 703, 662 and 494 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
overall (as of 1/31/2024)
703 PRODUCTS
Moderate Allocation Category
Based on Risk-Adjusted Returns
MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 5 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 703, 703, 662 and 494 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
overall (as of 1/31/2024)
703 PRODUCTS
Moderate Allocation Category
Based on Risk-Adjusted Returns

Key Documents
      Actions

      Multi-Strategy fund

      Hartford Balanced HLS Fund   
      Share Class - HLS IA (HADAX)

      Effective 12/31/17, this Fund is closed to certain qualified pension and retirement plans. For more information, please refer to the fund’s statutory prospectus.

      Objective

      Seeks long-term total return.

      Overview

      A balanced fund designed to shift stock and bond allocations opportunistically based on changing market environments.

      Portfolio Management
      Senior Managing Director
      Equity Portfolio Manager
      6
      YRS
      MANAGING THIS FUND
      19
      YRS
      AT WELLINGTON MANAGEMENT
      27
      YRS
      EXPERIENCE IN THIS INDUSTRY
      Senior Managing Director
      Fixed-Income Portfolio Manager
      6
      YRS
      MANAGING THIS FUND
      10
      YRS
      AT WELLINGTON MANAGEMENT
      23
      YRS
      EXPERIENCE IN THIS INDUSTRY
      Senior Managing Director
      Equity Portfolio Manager
      3
      YRS
      MANAGING THIS FUND
      20
      YRS
      AT WELLINGTON MANAGEMENT
      27
      YRS
      EXPERIENCE IN THIS INDUSTRY

      The portfolio managers are supported by the full resources of Wellington.

      Performance

      PERFORMANCE %
       
      CUMULATIVE %
      (as of 1/31/2024)
      AVERAGE ANNUAL TOTAL RETURNS %
      (as of 1/31/2024)
      YTD 1YR 3YR 5YR 10YR SI
      Hartford Balanced HLS IA 0.49 10.06 6.46 9.22 7.87 8.82
      Benchmark 0.95 13.38 5.61 9.25 8.40 ---
      Morningstar Moderate Allocation Category 0.32 8.86 3.70 7.06 6.30 ---
       
      CUMULATIVE %
      (as of 12/31/2023)
      AVERAGE ANNUAL TOTAL RETURNS %
      (as of 12/31/2023)
      YTD 1YR 3YR 5YR 10YR SI
      Hartford Balanced HLS IA 14.78 14.78 5.94 10.26 7.61 8.83
      Benchmark 17.75 17.75 4.94 10.16 8.13 ---
      Morningstar Moderate Allocation Category 13.78 13.78 3.43 8.16 6.07 ---

      Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.

      SI = Since Inception. Fund Inception: 03/31/1983

      Hartford Balanced HLS Fund IA Share Morningstar Ratings
      overall
      (as of 1/31/2024)
      Overall, 4 stars, 3-Year, 5 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 703, 703, 662 and 494 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
      ©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

      703 PRODUCTS
      |
      Moderate Allocation Category
      Based on Risk-Adjusted Returns
      3 YEAR
      (as of 1/31/2024)
      Overall, 4 stars, 3-Year, 5 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 703, 703, 662 and 494 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
      ©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

      703 PRODUCTS
      |
      Moderate Allocation Category
      Based on Risk-Adjusted Returns
      5 YEAR
      (as of 1/31/2024)
      Overall, 4 stars, 3-Year, 5 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 703, 703, 662 and 494 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
      ©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

      662 PRODUCTS
      |
      Moderate Allocation Category
      Based on Risk-Adjusted Returns
      10 YEAR
      (as of 1/31/2024)
      Overall, 4 stars, 3-Year, 5 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 703, 703, 662 and 494 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
      ©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

      494 PRODUCTS
      |
      Moderate Allocation Category
      Based on Risk-Adjusted Returns

      Characteristics

      FUND ESSENTIALS
      Inception Date 03/31/1983
      Net Assets $1.7 billion
      Total Operating Expenses 0.66%
      Morningstar Category Moderate Allocation
      Lipper Classification Mixed-Asset Target Alloc Growth Funds
      CUSIP 416528875
      Fund Number 2045
      FUND STATS
      % in Equities
      65
      % in Bonds
      33
      Beta (3 year)
      0.69
      R Squared (3 year)
      0.94
      Turnover- (12/31/2023)
      57%
      Dividend Frequency
      Semi-Annually
      Equity Holdings Characteristics
      Price/Earnings
      16.4x
      Price/Book
      3.6x
      EPS Growth Rate
      11.2%
      Asset Weighted Market Cap (billions)
      $486.1
      Median Market Cap (billions)
      $54.3
      # of Equity Holdings
      61
      Return on Equity
      31.1%
      Fixed-Income Holdings Characteristics
      Effective Duration
      6.30 yrs
      # of Fixed-Income Issuers
      147
      Market Cap Distribution (%)

      Market Cap Header3

      Less than $2 billion 0
      $2 billion - $5 billion 0
      $5 billion - $10 billion 7
      Greater than $10 billion 93
      Not Classified 0
      Equity Sector Exposure (%)
      Information Technology 27
      Financials 20
      Health Care 16
      Industrials 9
      Consumer Discretionary 9
      Communication Services 8
      Consumer Staples 4
      Real Estate 4
      Energy 2
      Materials 1
      Utilities 1
      Information Technology 26
      Financials 21
      Health Care 16
      Industrials 10
      Consumer Discretionary 9
      Communication Services 8
      Real Estate 4
      Consumer Staples 2
      Energy 2
      Materials 1
      Utilities 1
      Based on Global Industry Classification Standard (GICS), which was developed by and is the exclusive property and a service mark of MSCI Inc. (MSCI) and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. (S&P). Excludes cash. May not total to 100% due to rounding and/or pooled vehicle allocations.
      Top Ten Equity Holdings (%)
      Microsoft Corp. 5.93
      Alphabet, Inc. 3.45
      UnitedHealth Group, Inc. 1.81
      JPMorgan Chase & Co. 1.75
      Broadcom, Inc. 1.57
      Accenture PLC 1.54
      Salesforce, Inc. 1.52
      Eli Lilly & Co. 1.50
      Visa, Inc. 1.49
      Cisco Systems, Inc. 1.31
      Total Portfolio % 21.87
      Top 10 Fixed Income Holdings (%)
      U.S. Treasury Notes 12.06
      U.S. Treasury Bonds 5.83
      Bank of America Corp. 0.51
      State of Illinois, IL, GO 0.32
      Realty Income Corp. 0.30
      Glencore Funding LLC 0.29
      Penske Truck Leasing Co. LP/PTL Finance Corp. 0.29
      Alcon Finance Corp. 0.28
      HEICO Corp. 0.28
      Morgan Stanley 0.27
      Total Portfolio % 20.43
      Fixed-Income Sector Exposure (%)
      United States Government 54
      Investment Grade Credit 38
      Asset Backed Securities 4
      Mortgage Backed Securities 2
      Other 1
      Cash, Cash Equivalents and Cash Offsets 1
      Commercial Mortgage Backed Securities 0
      High Yield Credit 0
      Bank Loans 0
      Developed Government and Related (Non-US $) 0
      Emerging Market Debt 0
      United States Government 53
      Investment Grade Credit 37
      Asset Backed Securities 4
      Mortgage Backed Securities 3
      Cash, Cash Equivalents and Cash Offsets 1
      Other 1
      Commercial Mortgage Backed Securities 0
      High Yield Credit 0
      Bank Loans 0
      Developed Government and Related (Non-US $) 0
      Emerging Market Debt 0
      distributions and capital gains
      Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
      12/22/2023 28.62 $0.5218 $0.0000 $0.0000 $0.5218
      8/25/2023 27.21 $0.0044 $0.0000 $0.8019 $0.8063
      Past distributions are not indicative of future distributions.

      Fund Literature


      PDF (135 KB)
      A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
      PDF (2 KB)
      An unaudited financial report, which includes a fund's financial statements. These reports are intended for shareholders and others who have reviewed the fund's prospectus.
      PDF (13 KB)
      A legal document that discloses essential information about a fund, including investment objectives, risks, fees, expenses, fund manager background and other information.
      PDF (2 KB)
      An audited financial report, which includes a fund's financial statements. These reports are intended for shareholders and others who have reviewed the fund's prospectus.
      PDF (13 KB)
      A document that supplements the fund's prospectus with additional information about the fund including its operations and risks.
      Important Risks: Investing involves risk, including the possible loss of principal. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Fixed income security risks include credit, liquidity, call, duration, event, and interest-rate risk. As interest rates rise, bond prices generally fall. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political, economic and regulatory developments. • Obligations of U.S. Government agencies are supported by varying degrees of credit but are generally not backed by the full faith and credit of the U.S. Government. • Mortgage-related and asset-backed securities' risks include credit, interest-rate, prepayment, and extension risk. • To the extent the Fund focuses on one or more sectors, the Fund may be subject to increased volatility and risk of loss if adverse developments occur.

      Hartford HLS Funds are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA. Advisory services are provided by Hartford Funds Management Company, LLC (HFMC). The Funds are sub-advised by Wellington Management Company LLP. HFMC and Wellington Management are SEC registered investment advisers. Hartford Funds refers to HFD and HFMC, which are not affiliated with any sub-adviser.

      BLOOMBERG® and any Bloomberg Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited ("BISL"), the administrator of the indices (collectively, "Bloomberg") and have been licensed for use for certain purposes by Hartford Funds. Bloomberg is not affiliated with Hartford Funds, and Bloomberg does not approve, endorse, review, or recommend any Hartford Funds product. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to Hartford Fund products.

      2846684

      The material on this site is for informational and educational purposes only. The material should not be considered tax or legal advice and is not to be relied on as a forecast. The material is also not a recommendation or advice regarding any particular security, strategy or product. Hartford Funds does not represent that any products or strategies discussed are appropriate for any particular investor so investors should seek their own professional advice before investing. Hartford Funds does not serve as a fiduciary. Content is current as of the publication date or date indicated, and may be superseded by subsequent market and economic conditions.

      Investing involves risk, including the possible loss of principal. Investors should carefully consider a fund's investment objectives, risks, charges and expenses. This and other important information is contained in the mutual fund, or ETF summary prospectus and/or prospectus, which can be obtained from a financial professional and should be read carefully before investing.

      Mutual funds are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA|SIPC. ETFs are distributed by ALPS Distributors, Inc. (ALPS). Advisory services may be provided by Hartford Funds Management Company, LLC (HFMC) or its wholly owned subsidiary, Lattice Strategies LLC (Lattice). Certain funds are sub-advised by Wellington Management Company LLP and/or Schroder Investment Management North America Inc (SIMNA). Schroder Investment Management North America Ltd. (SIMNA Ltd) serves as a secondary sub-adviser to certain funds. HFMC, Lattice, Wellington Management, SIMNA, and SIMNA Ltd. are all SEC registered investment advisers. Hartford Funds refers to HFD, Lattice, and HFMC, which are not affiliated with any sub-adviser or ALPS. The funds and other products referred to on this Site may be offered and sold only to persons in the United States and its territories.

      © Copyright 2024 Hartford Funds Management Group, Inc. All Rights Reserved. Not FDIC Insured | No Bank Guarantee | May Lose Value