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Domestic Equity fund

Hartford Core Equity Fund   

Domestic Equity fund

Hartford Core Equity Fund   
Share Class - C (HGICX)

Objective

Seeks growth of capital.

Overview

A fund that seeks to buy large-cap U.S. stocks with improving quality trends, business momentum, and attractive relative valuations.

Portfolio Management
Senior Managing Director
Equity Portfolio Manager
7
YRS
MANAGING THIS FUND
13
YRS
AT WELLINGTON MANAGEMENT
28
YRS
EXPERIENCE IN THIS INDUSTRY
Managing Director
Equity Portfolio Manager
7
YRS
MANAGING THIS FUND
23
YRS
AT WELLINGTON MANAGEMENT
23
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Equity Portfolio Manager
14
YRS
MANAGING THIS FUND
30
YRS
AT WELLINGTON MANAGEMENT
35
YRS
EXPERIENCE IN THIS INDUSTRY

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

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 2/29/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 2/29/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Core Equity C 8.60 28.63 8.87 12.45 11.31 7.16
With 1.0% CDSC --- 27.63 8.87 12.45 11.31 7.16
Benchmark 7.11 30.45 11.91 14.76 12.70 ---
Morningstar Large Blend Category 6.35 26.05 10.30 13.19 11.15 ---
 
CUMULATIVE %
(as of 12/31/2023)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 12/31/2023)
YTD 1YR 3YR 5YR 10YR SI
Hartford Core Equity C 20.25 20.25 6.05 13.11 10.69 6.87
With 1.0% CDSC --- 19.25 6.05 13.11 10.69 6.87
Benchmark 26.29 26.29 10.00 15.69 12.03 ---
Morningstar Large Blend Category 22.32 22.32 8.83 14.26 10.55 ---

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: 04/30/1998

Share Class Inception: 7/31/98.
Class C-share performance prior to its inception date reflects Class B-share performance (excluding sales charges) and operating expenses. SI performance is calculated from 4/30/98.

Excludes sales charges. If sales charges and taxes had been included, the value would have been lower.

Characteristics

FUND ESSENTIALS
Inception Date 04/30/1998
Net Assets $9.9 billion
Total Operating Expenses 1.45%
Morningstar Category Large Blend
Lipper Classification Large-Cap Core Funds
CUSIP 416645547
Fund Number 243
FUND STATS
# of Holdings
67
% in Equities
100
% in Foreign Equities
0
Beta (3 year)
0.95
R Squared (3 year)
0.99
Standard Deviation
16.81%
Turnover- (12/31/2023)
22%
Active Share
53%
Holdings Characteristics
Price/Earnings
22.1x
Price/Book
5.5x
EPS Growth Rate
15.8%
Asset Weighted Market Cap (billions)
$833.0
Return on Equity
34.6%
Median Market Cap (billions)
$108.7
Top Ten Holdings (%)
Microsoft Corp. 7.53
Amazon.com, Inc. 5.17
Apple, Inc. 5.05
NVIDIA Corp. 5.03
Alphabet, Inc. 4.48
Meta Platforms, Inc. 3.62
JP Morgan Chase & Co. 2.45
Eli Lilly & Co. 2.35
Broadcom, Inc. 2.23
Mastercard, Inc. 2.23
Total Portfolio % 40.14
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 0
$2 billion - $5 billion 0
$5 billion - $10 billion 0
Greater than $10 billion 100
Not Classified 0
RETURN CHARACTERISTICS
Alpha (5 Year)
-0.51
Down Capture (5 Year)
95.21
Information Ratio (5 Year)
-0.58
Sharpe Ratio (5 Year)
0.70
Up Capture (5 Year)
93.91
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

12/31/23 2/29/24 2/29/24 -2 0 2
Health Care 15 15 13
Financials 14 14 13
Utilities 3 3 2
Consumer Discretionary 11 11 11
Communication Services 9 9 9
Materials 1 2 2
Information Technology 29 29 30
Industrials 8 8 9
Consumer Staples 6 5 6
Energy 4 3 4
Real Estate 2 1 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 Return of Capital total distribution
12/27/2023 40.94 $0.0516 $0.0000 $0.0000 $0.0516
12/11/2023 39.67 $0.0000 $0.0000 $0.9141 $0.9141
Past distributions are not indicative of future distributions.

Fund Literature


12/31/2023 - PDF (235 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and the current performance.
12/31/2023 - PDF (144 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
12/31/2023 - PDF (274 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
12/31/2023 - PDF (171 KB)
Attribution analysis is a method for evaluating the performance of a portfolio compared to the benchmark.
12/31/2023 - PDF (171 KB)
Attribution analysis is a method for evaluating the performance of a portfolio compared to the benchmark.
PDF (157 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
12/31/2023 - PDF (510 KB)
This Pitchbook reviews the Fund's investment approach, investment team, investment process, portfolio statistics, top holdings, and current performance.
PDF (3 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 (3 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.
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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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