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Income fund

Hartford Multi-Asset Income Fund   

MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 446, 446, 410 and 304 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 5/31/2024)
446 PRODUCTS
Moderately Conservative Allocation Category
Based on Risk-Adjusted Returns
MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 446, 446, 410 and 304 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 5/31/2024)
446 PRODUCTS
Moderately Conservative Allocation Category
Based on Risk-Adjusted Returns

Income fund

Hartford Multi-Asset Income Fund   
Share Class - R5 (ITTTX)

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
Managing Director
Portfolio Manager
5
YRS
MANAGING THIS FUND
9
YRS
AT WELLINGTON MANAGEMENT
21
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Fixed-Income Portfolio Manager
7
YRS
MANAGING THIS FUND
10
YRS
AT WELLINGTON MANAGEMENT
23
YRS
EXPERIENCE IN THIS INDUSTRY

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

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 5/31/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 5/31/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Multi-Asset Income R5 3.11 10.25 0.99 4.19 5.01 6.49
Benchmark 4.07 12.83 2.65 7.07 6.53 ---
Morningstar Moderately Conservative Allocation Category 3.01 10.60 0.58 4.68 4.08 ---
 
CUMULATIVE %
(as of 3/31/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 3/31/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Multi-Asset Income R5 2.81 9.77 2.11 4.02 5.21 6.52
Benchmark 4.24 13.73 3.84 7.09 6.81 ---
Morningstar Moderately Conservative Allocation Category 3.24 10.10 1.76 4.65 4.30 ---

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 R5-share performance prior to its inception date reflects Class Y-share performance and operating expenses. SI performance is calculated from 7/22/96.

Hartford Multi-Asset Income Fund R5 Share Morningstar Ratings
overall
(as of 5/31/2024)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 446, 446, 410 and 304 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.

446 PRODUCTS
|
Moderately Conservative Allocation Category
Based on Risk-Adjusted Returns
3 YEAR
(as of 5/31/2024)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 446, 446, 410 and 304 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.

446 PRODUCTS
|
Moderately Conservative Allocation Category
Based on Risk-Adjusted Returns
5 YEAR
(as of 5/31/2024)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 446, 446, 410 and 304 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.

410 PRODUCTS
|
Moderately Conservative Allocation Category
Based on Risk-Adjusted Returns
10 YEAR
(as of 5/31/2024)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 446, 446, 410 and 304 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.

304 PRODUCTS
|
Moderately Conservative Allocation Category
Based on Risk-Adjusted Returns

Characteristics

FUND ESSENTIALS
Inception Date 07/22/1996
Net Assets $598 million
Total Operating Expenses 0.77%
Morningstar Category Moderately Conservative Allocation
Lipper Classification Mixed-Asset Target Alloc Moderate Funds
CUSIP 41664L708
Fund Number 1326
FUND STATS
Dividend Frequency
Monthly
Fixed-Income Holdings Characteristics
Effective Duration
3.09 yrs
Yield to Worst (%)
5.66%
Yields (%) (as of 5/31/24)
30-Day SEC Yield
4.52
Unsubsidized 30-Day SEC Yield
4.52
Fixed-Income Sector Exposure (%)
Nominal Government 21
Investment Grade Corporate Credit 17
Cash and Cash Equivalents 8
High Yield Credit 3
Convertible Bonds 2
Emerging Market Debt 1
Bank Loans 0
Preferred Stock 0
Other 0
Cash Offsets & Collateral 0
Fixed Income Closed End Funds 0
Municipal 0
Investment Grade Corporate Credit 17
Nominal Government 11
Bank Loans 9
High Yield Credit 3
Convertible Bonds 2
Cash and Cash Equivalents 1
Emerging Market Debt 1
Preferred Stock 0
Other 0
Fixed Income Closed End Funds 0
Municipal 0
Cash Offsets & Collateral 0
Top Ten Equity Holdings (%)
Apple, Inc. (RBC Capital Markets LLC) 0.89
Wells Fargo & Co. (BNP Paribas Issuance BV) 0.87
Danaher Corp. (Mizuho Markets Cayman LP) 0.85
Advanced Micro Devices, Inc. (RBC Capital Markets LLC) 0.78
Engie SA 0.77
BAWAG Group AG 0.60
Suzuki Motor Corp. 0.57
KBC Group NV 0.52
Axis Bank Ltd. 0.47
BAE Systems PLC 0.47
Total Portfolio % 6.79
Top Ten Fixed-Income Issuers (%)
U.S. Treasury Notes 18.18
U.S. Treasury Bonds 3.63
Federal Home Loan Mortgage Corp. 1.28
Energy Transfer LP 0.65
CIFC Funding Ltd. 0.60
Buttermilk Park CLO Ltd. 0.59
Barings CLO Ltd. 0.56
BlueMountain CLO Ltd. 0.54
Ford Credit Auto Lease Trust 0.42
Sound Point CLO XXVI Ltd. 0.39
Total Portfolio % 26.84
Equity Sector Exposure (%)
Thematic Equities 9
Global Income Low Volatility Equities 9
Global Dividend Growth 8
Equity Linked Notes 3
Master Limited Partnerships 0
Equity Closed End Funds 0
Global Income Low Volatility Equities invests in securities that Wellington Management believes exhibit low volatility. Thematic Equities invest in securities based on Wellington's macroeconomic and structural trends derived from proprietary research.
distributions and capital gains
Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
5/29/2024 19.20 $0.0891 $0.0000 $0.0000 $0.0891
4/26/2024 19.01 $0.0864 $0.0000 $0.0000 $0.0864
3/26/2024 19.34 $0.0653 $0.0000 $0.0000 $0.0653
2/27/2024 19.15 $0.0600 $0.0000 $0.0000 $0.0600
1/29/2024 19.11 $0.0473 $0.0000 $0.0000 $0.0473
12/27/2023 19.10 $0.0607 $0.0000 $0.0000 $0.0607
12/15/2023 18.96 $0.0000 $0.0000 $0.0000 $0.0000
11/29/2023 18.48 $0.0644 $0.0000 $0.0000 $0.0644
10/30/2023 17.61 $0.0652 $0.0000 $0.0000 $0.0652
9/27/2023 17.91 $0.0677 $0.0000 $0.0000 $0.0677
8/29/2023 18.33 $0.0598 $0.0000 $0.0000 $0.0598
7/28/2023 18.66 $0.0691 $0.0000 $0.0000 $0.0691
6/28/2023 18.50 $0.0656 $0.0000 $0.0000 $0.0656
Past distributions are not indicative of future distributions.

Fund Literature


03/31/2024 - PDF (191 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
03/31/2024 - PDF (182 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
03/31/2024 - PDF (564 KB)
This Pitchbook reviews the Fund's investment approach, investment team, investment process, and general portfolio parameters.
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. 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.

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.

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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.

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