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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 689, 689, 649 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 6/30/2024)
689 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 689, 689, 649 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 6/30/2024)
689 PRODUCTS
Moderate Allocation Category
Based on Risk-Adjusted Returns

Multi-Strategy fund

Hartford Checks and Balances Fund   
Share Class - R5 (HCKTX)

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 6/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Checks and Balances R5 6.75 12.84 3.40 7.70 7.36 6.79
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 ---
 
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 R5 6.75 12.84 3.40 7.70 7.36 6.79
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: 8/29/08.
Class R5-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 R5 Share Morningstar Ratings
overall
(as of 6/30/2024)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 689, 689, 649 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.

689 PRODUCTS
|
Moderate Allocation Category
Based on Risk-Adjusted Returns
3 YEAR
(as of 6/30/2024)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 689, 689, 649 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.

689 PRODUCTS
|
Moderate Allocation Category
Based on Risk-Adjusted Returns
5 YEAR
(as of 6/30/2024)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 689, 689, 649 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.

649 PRODUCTS
|
Moderate Allocation Category
Based on Risk-Adjusted Returns
10 YEAR
(as of 6/30/2024)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 689, 689, 649 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 0.70%
Morningstar Category Moderate Allocation
Lipper Classification Mixed-Asset Target Alloc Growth Funds
CUSIP 41664L252
Fund Number 1419
FUND STATS
Dividend Frequency
Quarterly
Equity Holdings Characteristics
Price/Earnings (Last 12 Months)
20.6x
EPS Growth Rate (Last 5 Years)
12.8%
Asset Weighted Market Cap (billions)
$668.9
Return on Equity
33.5%
Fixed-Income Holdings Characteristics
Effective Duration
7.17 yrs
Fixed-Income Sector Exposure (%)
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
Mortgage Backed Securities 51
Investment Grade Credit 25
United States Government 24
Asset Backed Securities 10
High Yield Credit 5
Commercial Mortgage Backed Securities 4
Emerging Market Debt 1
Developed Government and Related (Non-US $) 1
Tax Exempt Municipal 0
Cash and Cash Equivalents -21
Top Holdings (%)
Hartford Total Return Bond ETF 33.63
Hartford Dividend and Growth Fund 33.04
Hartford Capital Appreciation Fund 33.02
Yields (%) (as of 6/30/24)
30-Day SEC Yield
2.09
Unsubsidized 30-Day SEC Yield
2.09
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 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
Information Technology 21
Financials 17
Health Care 13
Industrials 9
Communication Services 9
Consumer Discretionary 7
Consumer Staples 7
Energy 6
Materials 4
Real Estate 3
Utilities 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 9.75 $0.0457 $0.0000 $0.0000 $0.0457
3/27/2024 9.64 $0.0440 $0.0000 $0.0000 $0.0440
12/28/2023 9.21 $0.0816 $0.0000 $0.0000 $0.0816
12/15/2023 9.16 $0.0000 $0.0000 $0.2624 $0.2624
9/28/2023 8.71 $0.0367 $0.0000 $0.0000 $0.0367
Past distributions are not indicative of future distributions.

Fund Literature


03/31/2024 - PDF (185 KB)
Current quarterly commentary which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
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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 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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