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Multi-Strategy fund

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


MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 653, 653, 595 and 425 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.
©2021 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 8/31/2021)
653 PRODUCTS
Allocation--50% to 70% Equity Category
Based on Risk-Adjusted Returns

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
14
YRS
MANAGING THIS FUND
17
YRS
AT HARTFORD FUNDS
31
YRS
EXPERIENCE IN THIS INDUSTRY
Head of Multi-Asset Solutions and
Managing Director
5
YRS
MANAGING THIS FUND
6
YRS
AT HARTFORD FUNDS
27
YRS
EXPERIENCE IN THIS INDUSTRY

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

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 8/31/2021)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 8/31/2021)
YTD 1YR 3YR 5YR 10YR SI
Hartford Checks and Balances I 12.07 21.40 12.74 12.03 11.09 7.70
Benchmark 13.38 20.66 14.11 13.14 11.99 ---
Morningstar Allocation--50% to 70% Equity Category 12.42 21.33 10.73 10.23 9.21 ---
 
CUMULATIVE %
(as of 6/30/2021)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2021)
YTD 1YR 3YR 5YR 10YR SI
Hartford Checks and Balances I 8.61 26.45 13.04 11.97 10.06 7.55
Benchmark 9.38 26.88 14.55 12.96 11.11 ---
Morningstar Allocation--50% to 70% Equity Category 9.69 27.06 11.00 10.26 8.34 ---

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 8/31/2021)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 653, 653, 595 and 425 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.
©2021 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.

653 PRODUCTS
|
Allocation--50% to 70% Equity Category
Based on Risk-Adjusted Returns
3 YEAR
(as of 8/31/2021)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 653, 653, 595 and 425 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.
©2021 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.

653 PRODUCTS
|
Allocation--50% to 70% Equity Category
Based on Risk-Adjusted Returns
5 YEAR
(as of 8/31/2021)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 653, 653, 595 and 425 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.
©2021 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.

595 PRODUCTS
|
Allocation--50% to 70% Equity Category
Based on Risk-Adjusted Returns
10 YEAR
(as of 8/31/2021)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 653, 653, 595 and 425 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.
©2021 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.

425 PRODUCTS
|
Allocation--50% to 70% Equity Category
Based on Risk-Adjusted Returns
Excludes sales charges. If sales charges and taxes had been included, the value would have been lower.

Characteristics

FUND ESSENTIALS
Inception Date 05/31/2007
Net Assets $1.7 billion
Total Operating Expenses 0.67%
Morningstar Category Allocation--50% to 70% Equity
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)
26.3x
EPS Growth Rate (Last 5 Years)
11.9%
Asset Weighted Market Cap (billions)
$288.6
Return on Equity
28.2%
Fixed-Income Holdings Characteristics
Effective Duration
5.74 yrs
Fixed-Income Sector Exposure (%)
Mortgage Backed Securities 49
Investment Grade Credit 27
United States Government 23
High Yield Credit 7
Asset Backed Securities 7
Bank Loans 6
Commercial Mortgage Backed Securities 5
Emerging Market Debt 4
Developed Government and Related (Non-US $) 3
Tax Exempt Municipal 0
Other 0
Cash and Cash Equivalents -31
Mortgage Backed Securities 47
Investment Grade Credit 29
United States Government 23
High Yield Credit 7
Bank Loans 6
Asset Backed Securities 6
Commercial Mortgage Backed Securities 5
Emerging Market Debt 4
Developed Government and Related (Non-US $) 3
Tax Exempt Municipal 0
Other 0
Cash and Cash Equivalents -30
Top Holdings (%)
Hartford Capital Appreciation Fund 33.45
Hartford Dividend and Growth Fund 33.45
Hartford Total Return Bond ETF 32.85
Hartford Dividend and Growth Fund 33.47
Hartford Capital Appreciation Fund 33.36
Hartford Total Return Bond ETF 32.97
Yields (%) (as of 8/31/21)
30-Day SEC Yield
1.24
Unsubsidized 30-Day SEC Yield
1.24
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 0
$2 billion - $5 billion 2
$5 billion - $10 billion 6
Greater than $10 billion 91
Not Classified 0
Equity Sector Exposure (%)
Information Technology 20
Financials 15
Health Care 14
Industrials 11
Consumer Discretionary 11
Communication Services 9
Consumer Staples 7
Real Estate 4
Materials 4
Energy 2
Utilities 2
Information Technology 20
Financials 15
Health Care 14
Consumer Discretionary 12
Industrials 11
Communication Services 9
Consumer Staples 7
Real Estate 4
Materials 4
Energy 3
Utilities 2
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
6/30/2021 10.96 $0.0270 $0.0000 $0.0000 $0.0270
3/31/2021 10.55 $0.0278 $0.0000 $0.0000 $0.0278
12/31/2020 10.14 $0.1235 $0.0000 $0.0000 $0.1235
12/18/2020 10.25 $0.0000 $0.0000 $0.2556 $0.2556
9/30/2020 9.56 $0.0295 $0.0000 $0.0000 $0.0295
Past distributions are not indicative of future distributions.

Fund Literature


08/02/2021 - PDF (191 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
06/30/2021 - PDF (235 KB)
Current quarterly commentary which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
PDF (141 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.
This flyer outlines the Fund's strategy to help investors better understand the Fund.
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. • Since the Fund is not actively managed, it 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 as well as the investment manager's allocation among those underlying funds. 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 of the general equity market, small- and mid-cap securities, foreign and emerging-markets securities, fixed-income securities (which carry credit, liquidity, call, duration, and interest-rate risk), high-yield ("junk") bonds, mortgage-related and asset-backed securities, and derivatives.

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, ETF or closed-end interval fund prospectus or summary prospectus, which can be obtained from a financial professional and should be read carefully before investing.

Mutual funds and the closed-end interval fund are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA/SIPC. Exchange-traded products 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. Schroder Investment Management North America Ltd. serves as a secondary sub-adviser to certain funds. Hartford Funds refers to Hartford Funds Management Group, Inc. and its subsidiaries, including HFD, HFMC, and Lattice, 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 2021 Hartford Funds Management Group, Inc. All Rights Reserved. Not FDIC Insured | No Bank Guarantee | May Lose Value