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Multi-Strategy fund

Hartford Checks and Balances Fund   

MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 683, 683, 644 and 493 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 8/31/2024)
683 PRODUCTS
Moderate Allocation Category
Based on Risk-Adjusted Returns
MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 683, 683, 644 and 493 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 8/31/2024)
683 PRODUCTS
Moderate Allocation Category
Based on Risk-Adjusted Returns

Multi-Strategy fund

Hartford Checks and Balances Fund   
Share Class - I (HCKIX)

Objective

Seeks long-term capital appreciation and income.

Overview

A fund-of-funds that combines an opportunistic stock-picking fund, a dividend-focused fund, and a relatively conservative bond fund.

Portfolio Management
Managing Director and
Chief Investment Officer
17
YRS
MANAGING THIS FUND
20
YRS
AT HARTFORD FUNDS
37
YRS
EXPERIENCE IN THIS INDUSTRY
Head of Multi-Asset Solutions and
Managing Director
8
YRS
MANAGING THIS FUND
9
YRS
AT HARTFORD FUNDS
30
YRS
EXPERIENCE IN THIS INDUSTRY
Portfolio Manager
2
YRS
MANAGING THIS FUND
8
YRS
AT HARTFORD FUNDS
15
YRS
EXPERIENCE IN THIS INDUSTRY

The portfolio managers are supported by the full resources of Hartford Funds Management Company.

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 8/31/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 8/31/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Checks and Balances I 11.51 17.72 3.84 8.50 7.71 7.02
Benchmark 13.44 19.97 5.15 10.43 9.13 ---
Morningstar Moderate Allocation Category 10.54 16.06 3.33 7.87 6.50 ---
 
CUMULATIVE %
(as of 6/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Checks and Balances I 6.68 12.86 3.40 7.78 7.40 6.81
Benchmark 9.23 16.47 5.08 9.75 8.92 ---
Morningstar Moderate Allocation Category 6.56 12.61 2.83 7.05 6.20 ---

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: 05/31/2007

Share Class Inception: 2/29/08.
Class I-share performance prior to its inception date reflects Class A-share performance (excluding sales charges) and operating expenses. SI performance is calculated from 5/31/07.

Hartford Checks and Balances Fund I Share Morningstar Ratings
overall
(as of 8/31/2024)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 683, 683, 644 and 493 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.

683 PRODUCTS
|
Moderate Allocation Category
Based on Risk-Adjusted Returns
3 YEAR
(as of 8/31/2024)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 683, 683, 644 and 493 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.

683 PRODUCTS
|
Moderate Allocation Category
Based on Risk-Adjusted Returns
5 YEAR
(as of 8/31/2024)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 683, 683, 644 and 493 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.

644 PRODUCTS
|
Moderate Allocation Category
Based on Risk-Adjusted Returns
10 YEAR
(as of 8/31/2024)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 683, 683, 644 and 493 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.

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

Characteristics

FUND ESSENTIALS
Inception Date 05/31/2007
Net Assets $1.4 billion
Total Operating Expenses 0.68%
Morningstar Category Moderate Allocation
Lipper Classification Mixed-Asset Target Alloc Growth Funds
CUSIP 41664L393
Fund Number 1573
FUND STATS
Dividend Frequency
Quarterly
Equity Holdings Characteristics
Price/Earnings (Last 12 Months)
21.2x
EPS Growth Rate (Last 5 Years)
12.6%
Asset Weighted Market Cap (billions)
$655.6
Return on Equity
34.7%
Fixed-Income Holdings Characteristics
Effective Duration
7.01 yrs
Fixed-Income Sector Exposure (%)
Mortgage Backed Securities 43
United States Government 29
Investment Grade Credit 21
Asset Backed Securities 8
High Yield Credit 5
Commercial Mortgage Backed Securities 5
Developed Government and Related (Non-US $) 1
Emerging Market Debt 0
Tax Exempt Municipal 0
Cash and Cash Equivalents -12
Mortgage Backed Securities 42
United States Government 26
Investment Grade Credit 22
Asset Backed Securities 9
High Yield Credit 6
Commercial Mortgage Backed Securities 4
Developed Government and Related (Non-US $) 1
Emerging Market Debt 0
Tax Exempt Municipal 0
Cash and Cash Equivalents -11
Top Holdings (%)
Hartford Dividend and Growth Fund 33.88
Hartford Capital Appreciation Fund 33.74
Hartford Total Return Bond ETF 32.12
Yields (%) (as of 8/31/24)
30-Day SEC Yield
2.04
Unsubsidized 30-Day SEC Yield
2.04
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 0
$2 billion - $5 billion 2
$5 billion - $10 billion 5
Greater than $10 billion 93
Not Classified 0
Equity Sector Exposure (%)
Information Technology 23
Financials 16
Health Care 12
Industrials 9
Communication Services 8
Consumer Discretionary 8
Consumer Staples 7
Energy 5
Materials 4
Utilities 4
Real Estate 3
Information Technology 24
Financials 16
Health Care 12
Industrials 9
Communication Services 9
Consumer Discretionary 7
Consumer Staples 6
Energy 6
Materials 4
Utilities 3
Real Estate 3
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.
distributions and capital gains
Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
6/27/2024 9.97 $0.0449 $0.0000 $0.0000 $0.0449
3/27/2024 9.86 $0.0424 $0.0000 $0.0000 $0.0424
12/28/2023 9.42 $0.0803 $0.0000 $0.0000 $0.0803
12/15/2023 9.37 $0.0000 $0.0000 $0.2624 $0.2624
9/28/2023 8.90 $0.0373 $0.0000 $0.0000 $0.0373
Past distributions are not indicative of future distributions.

Fund Literature


06/30/2024 - PDF (164 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
06/30/2024 - PDF (179 KB)
Current quarterly commentary which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
PDF (158 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
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 is considered not actively managed since the Fund consistently invests one third of its assets in each of the same three underlying funds. As a result, the Fund may underperform actively managed funds during certain markets. • The ability of the Fund to meet its investment objective is directly related to the ability of the underlying funds to meet their objectives. The Fund is subject to the risks of the underlying funds, in direct proportion to the amount of assets it invests in each underlying fund. The underlying funds are subject to the risks specific to their investment strategies, such as market, mid-cap securities, foreign securities, emerging-market securities, fixed-income securities (which carry credit, liquidity, call, duration, and interest-rate risks), mortgage-related and asset-backed securities, and derivative risks, and to the extent the underlying fund is an ETF, risks associated with the ETF.

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 Funds products.

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