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Income fund

Hartford Multi-Asset Income Fund   

Income fund

Hartford Multi-Asset Income Fund   
Share Class - R4 (ITTSX)

Returns prior to 5/1/19 reflect the performance of the Fund's prior strategy. Please see the Fund's prospectus for additional information.

Objective

Seeks to provide a high level of current income consistent with growth of capital.

Overview

A diversified multi-asset fund that aims to deliver attractive income consistent with growth of capital with the flexibility to adapt to changing market environments.

Portfolio Management
Senior Managing Director
Portfolio Manager
0
YRS
MANAGING THIS FUND
16
YRS
AT WELLINGTON MANAGEMENT
30
YRS
EXPERIENCE IN THIS INDUSTRY

The portfolio manager is supported by the full resources of Wellington.

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 10/31/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 10/31/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Multi-Asset Income R4 6.53 15.85 1.49 3.54 4.68 6.32
Benchmark 10.16 22.30 2.94 6.81 6.79 ---
 
CUMULATIVE %
(as of 9/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 9/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Multi-Asset Income R4 8.50 16.48 2.66 4.08 5.03 6.41
Benchmark 12.15 22.25 4.63 7.43 7.16 ---

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: 07/22/1996

Share Class Inception: 12/22/06.
Class R4-share performance prior to its inception date reflects Class Y-share performance and operating expenses. SI performance is calculated from 4/30/98.

Characteristics

FUND ESSENTIALS
Inception Date 07/22/1996
Net Assets $604 million
Total Operating Expenses 1.07%
Morningstar Category Moderately Conservative Allocation
Lipper Classification Mixed-Asset Target Alloc Moderate Funds
CUSIP 416649333
Fund Number 1325
FUND STATS
Dividend Frequency
Monthly
Fixed-Income Holdings Characteristics
Effective Duration
4.87 yrs
Yield to Worst (%)
6.29%
Yields (%) (as of 9/30/24)
30-Day SEC Yield
4.97
Unsubsidized 30-Day SEC Yield
4.97
Top Ten Equity Holdings (%)
Nomura America Finance LLC 3.07
Mizuho Markets Cayman LP 2.08
BNP Paribas Issuance BV 2.02
Royal Bank of Canada 1.49
HSBC Bank PLC 1.00
Broadcom, Inc. 0.52
Canadian Imperial Bank of Commerce 0.51
Exxon Mobil Corp. 0.42
Johnson & Johnson 0.40
JP Morgan Chase & Co. 0.37
Total Portfolio % 11.88
Top Ten Fixed-Income Issuers (%)
U.S. Treasury Bonds 3.87
Uniform Mortgage-Backed Security 3.42
Federal Home Loan Mortgage Corp. 2.03
U.S. Treasury Notes 2.01
Federal National Mortgage Association Connecticut Avenue Securities Trust 1.86
Verizon Master Trust 0.59
U.S. Treasury Inflation-Indexed Bonds 0.58
PRET LLC 0.57
U.S. Treasury Inflation-Indexed Notes 0.57
PRPM LLC 0.53
Total Portfolio % 16.03
distributions and capital gains
Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
9/26/2024 20.11 $0.0816 $0.0000 $0.0000 $0.0816
8/27/2024 19.92 $0.0657 $0.0000 $0.0000 $0.0657
7/26/2024 19.51 $0.0556 $0.0000 $0.0000 $0.0556
6/26/2024 19.33 $0.0588 $0.0000 $0.0000 $0.0588
5/29/2024 19.23 $0.0839 $0.0000 $0.0000 $0.0839
4/26/2024 19.04 $0.0809 $0.0000 $0.0000 $0.0809
3/26/2024 19.36 $0.0602 $0.0000 $0.0000 $0.0602
2/27/2024 19.17 $0.0551 $0.0000 $0.0000 $0.0551
1/29/2024 19.13 $0.0436 $0.0000 $0.0000 $0.0436
12/27/2023 19.12 $0.0550 $0.0000 $0.0000 $0.0550
12/15/2023 18.98 $0.0000 $0.0000 $0.0000 $0.0000
11/29/2023 18.50 $0.0601 $0.0000 $0.0000 $0.0601
10/30/2023 17.63 $0.0587 $0.0000 $0.0000 $0.0587
Past distributions are not indicative of future distributions.

Fund Literature


09/30/2024 - PDF (171 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
09/30/2024 - PDF (203 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
PDF (166 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision
08/01/2024 - PDF (421 KB)
This Pitchbook reviews the Fund's investment approach, investment team, investment process, and general portfolio parameters.
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.
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. The Fund's strategy for allocating assets to specialist portfolio managers, and among different asset classes, may not work as intended. • Fixed income security risks include credit, liquidity, call, duration, and interest-rate risk. As interest rates rise, bond prices generally fall. • Investments in Equity Linked Notes (ELNs) are subject to interest, credit, management, counterparty, liquidity, and market risks, and as applicable, foreign security and currency risks. • Loans can be difficult to value and less liquid than other types of debt instruments; they are also subject to nonpayment, collateral, bankruptcy, default, extension, prepayment and insolvency risks. • Investments in high-yield ("junk") bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities. • 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. • Foreign investments, including foreign government debt, 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. These risks may be greater for investments in emerging markets. • Derivatives are generally more volatile and sensitive to changes in market or economic conditions than other securities; their risks include currency, leverage, liquidity, index, pricing, regulatory and counterparty risk. • Mortgage-related and asset-backed securities' risks include credit, interest-rate, prepayment, and extension risk. • Restricted securities may be more difficult to sell and price than other securities. • For dividend-paying stocks, dividends are not guaranteed and may decrease without notice. • Different investment styles may go in and out of favor, which may cause the Fund to underperform the broader stock market. • The Fund's investments may fluctuate in value over a short period of time.

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