Hartford Core Equity Fund

31.19NAV (as of 5/17/2019)
-0.20 (-0.64%) NAV Change
Large BlendMorningstar Category
Large-Cap Core FundsLipper Classification

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.

More About Core Equity Fund

Focusing on Fundamentals

The Hartford Core Equity Fund’s portfolio management team believes that changes in a company’s fundamentals are often not reflected in its stock price and that markets frequently underestimate the persistence of a company’s fundamentals.

Relying on Experience and Expertise

The Fund’s portfolio management team relies on their extensive investment experience with large-cap companies and the deep, fundamental research from sub-adviser Wellington Management to create a portfolio that focuses on U.S. companies with improving quality, business momentum, and attractive valuations.

A Patient, Long-Term Approach

Many portfolio managers seek a catalyst based on what may happen to a company over the next six to 12 months. By contrast, the Fund focuses on what a company may look like over the next three to five years. The end result is a portfolio that has between 65 and 80 holdings (versus 500 holdings in its benchmark).

Mammen Chally, CFA
Senior Managing Director
Equity Portfolio Manager

view bio

David A. Siegle, CFA
Managing Director
Equity Research Analyst

view bio

Douglas W. McLane, CFA
Managing Director
Equity Research Analyst

view bio

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

Video Commentaries

Investment Process (3:57)
Portfolio Manager Mammen Chally

Performance (%)
	YTD	1YR	3YR	5YR	10YR	SI
	% (as of 4/30/2019)	Average Annual Total Returns % (as of 4/30/2019)
Hartford Core Equity I	18.61	14.91	14.68	12.64	15.72	6.98
Benchmark	18.25	13.49	14.87	11.63	15.32	---
Morningstar Large Blend Category	17.31	10.82	13.09	9.31	13.32	---

Performance (%)
	YTD	1YR	3YR	5YR	10YR	SI
	% (as of 3/31/2019)	Average Annual Total Returns % (as of 3/31/2019)
Hartford Core Equity I	13.58	10.53	12.99	11.72	15.96	6.79
Benchmark	13.65	9.50	13.51	10.91	15.92	---
Morningstar Large Blend Category	12.96	6.95	11.86	8.54	13.98	---

SI = Since Inception. Fund Inception: 04/30/1998

Operating Expenses: Net 0.47% | Gross 0.47%

Share Class Inception: 3/31/15.
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 4/30/98.

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.

Growth of $10,000 (I-Share)

(as of 4/30/2019)

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Nov 30 00:00:00 EST 2017","value":"36555.0"},{"date":"Tue Oct 31 00:00:00 EDT 2017","value":"35284.0"},{"date":"Sat Sep 30 00:00:00 EDT 2017","value":"34260.0"},{"date":"Thu Aug 31 00:00:00 EDT 2017","value":"34001.0"},{"date":"Mon Jul 31 00:00:00 EDT 2017","value":"33878.0"},{"date":"Fri Jun 30 00:00:00 EDT 2017","value":"33298.0"},{"date":"Wed May 31 00:00:00 EDT 2017","value":"33261.0"},{"date":"Sun Apr 30 00:00:00 EDT 2017","value":"32583.0"},{"date":"Fri Mar 31 00:00:00 EDT 2017","value":"32114.0"},{"date":"Tue Feb 28 00:00:00 EST 2017","value":"32138.0"},{"date":"Tue Jan 31 00:00:00 EST 2017","value":"30757.0"},{"date":"Sat Dec 31 00:00:00 EST 2016","value":"30251.0"},{"date":"Wed Nov 30 00:00:00 EST 2016","value":"29777.0"},{"date":"Mon Oct 31 00:00:00 EDT 2016","value":"29072.0"},{"date":"Fri Sep 30 00:00:00 EDT 2016","value":"29680.0"},{"date":"Wed Aug 31 00:00:00 EDT 2016","value":"29838.0"},{"date":"Sun Jul 31 00:00:00 EDT 2016","value":"30093.0"},{"date":"Thu Jun 30 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2015","value":"26202.0"},{"date":"Wed Dec 31 00:00:00 EST 2014","value":"26809.0"},{"date":"Sun Nov 30 00:00:00 EST 2014","value":"26614.0"},{"date":"Fri Oct 31 00:00:00 EDT 2014","value":"25828.0"},{"date":"Tue Sep 30 00:00:00 EDT 2014","value":"25018.0"},{"date":"Sun Aug 31 00:00:00 EDT 2014","value":"25405.0"},{"date":"Thu Jul 31 00:00:00 EDT 2014","value":"24372.0"},{"date":"Mon Jun 30 00:00:00 EDT 2014","value":"24771.0"},{"date":"Sat May 31 00:00:00 EDT 2014","value":"24360.0"},{"date":"Wed Apr 30 00:00:00 EDT 2014","value":"23749.0"},{"date":"Mon Mar 31 00:00:00 EDT 2014","value":"23691.0"},{"date":"Fri Feb 28 00:00:00 EST 2014","value":"23878.0"},{"date":"Fri Jan 31 00:00:00 EST 2014","value":"22575.0"},{"date":"Tue Dec 31 00:00:00 EST 2013","value":"23233.0"},{"date":"Sat Nov 30 00:00:00 EST 2013","value":"22649.0"},{"date":"Thu Oct 31 00:00:00 EDT 2013","value":"21971.0"},{"date":"Mon Sep 30 00:00:00 EDT 2013","value":"21022.0"},{"date":"Sat Aug 31 00:00:00 EDT 2013","value":"20273.0"},{"date":"Wed Jul 31 00:00:00 EDT 2013","value":"20859.0"},{"date":"Sun Jun 30 00:00:00 EDT 2013","value":"19641.0"},{"date":"Fri May 31 00:00:00 EDT 2013","value":"19934.0"},{"date":"Tue Apr 30 00:00:00 EDT 2013","value":"19337.0"},{"date":"Sun Mar 31 00:00:00 EDT 2013","value":"18997.0"},{"date":"Thu Feb 28 00:00:00 EST 2013","value":"18330.0"},{"date":"Thu Jan 31 00:00:00 EST 2013","value":"18049.0"},{"date":"Mon Dec 31 00:00:00 EST 2012","value":"17218.0"},{"date":"Fri Nov 30 00:00:00 EST 2012","value":"17140.0"},{"date":"Wed Oct 31 00:00:00 EDT 2012","value":"16885.0"},{"date":"Sun Sep 30 00:00:00 EDT 2012","value":"17302.0"},{"date":"Fri Aug 31 00:00:00 EDT 2012","value":"16885.0"},{"date":"Tue Jul 31 00:00:00 EDT 2012","value":"16444.0"},{"date":"Sat Jun 30 00:00:00 EDT 2012","value":"16259.0"},{"date":"Thu May 31 00:00:00 EDT 2012","value":"15668.0"},{"date":"Mon Apr 30 00:00:00 EDT 2012","value":"16665.0"},{"date":"Sat Mar 31 00:00:00 EDT 2012","value":"16780.0"},{"date":"Wed Feb 29 00:00:00 EST 2012","value":"16236.0"},{"date":"Tue Jan 31 00:00:00 EST 2012","value":"15471.0"},{"date":"Sat Dec 31 00:00:00 EST 2011","value":"14741.0"},{"date":"Wed Nov 30 00:00:00 EST 2011","value":"14657.0"},{"date":"Mon Oct 31 00:00:00 EDT 2011","value":"14761.0"},{"date":"Fri Sep 30 00:00:00 EDT 2011","value":"13478.0"},{"date":"Wed Aug 31 00:00:00 EDT 2011","value":"14449.0"},{"date":"Sun Jul 31 00:00:00 EDT 2011","value":"15281.0"},{"date":"Thu Jun 30 00:00:00 EDT 2011","value":"15709.0"},{"date":"Tue May 31 00:00:00 EDT 2011","value":"15998.0"},{"date":"Sat Apr 30 00:00:00 EDT 2011","value":"16079.0"},{"date":"Thu Mar 31 00:00:00 EDT 2011","value":"15570.0"},{"date":"Mon Feb 28 00:00:00 EST 2011","value":"15409.0"},{"date":"Mon Jan 31 00:00:00 EST 2011","value":"14911.0"},{"date":"Fri Dec 31 00:00:00 EST 2010","value":"14599.0"},{"date":"Tue Nov 30 00:00:00 EST 2010","value":"13800.0"},{"date":"Sun Oct 31 00:00:00 EDT 2010","value":"13731.0"},{"date":"Thu Sep 30 00:00:00 EDT 2010","value":"13164.0"},{"date":"Tue Aug 31 00:00:00 EDT 2010","value":"11994.0"},{"date":"Sat Jul 31 00:00:00 EDT 2010","value":"12533.0"},{"date":"Wed Jun 30 00:00:00 EDT 2010","value":"11811.0"},{"date":"Mon May 31 00:00:00 EDT 2010","value":"12418.0"},{"date":"Fri Apr 30 00:00:00 EDT 2010","value":"13428.0"},{"date":"Wed Mar 31 00:00:00 EDT 2010","value":"13393.0"},{"date":"Sun Feb 28 00:00:00 EST 2010","value":"12717.0"},{"date":"Sun Jan 31 00:00:00 EST 2010","value":"12384.0"},{"date":"Thu Dec 31 00:00:00 EST 2009","value":"12808.0"},{"date":"Mon Nov 30 00:00:00 EST 2009","value":"12517.0"},{"date":"Sat Oct 31 00:00:00 EDT 2009","value":"11837.0"},{"date":"Wed Sep 30 00:00:00 EDT 2009","value":"12177.0"},{"date":"Mon Aug 31 00:00:00 EDT 2009","value":"11746.0"},{"date":"Fri Jul 31 00:00:00 EDT 2009","value":"11395.0"},{"date":"Tue Jun 30 00:00:00 EDT 2009","value":"10714.0"},{"date":"Sun May 31 00:00:00 EDT 2009","value":"10680.0"},{"date":"Thu Apr 30 00:00:00 EDT 2009","value":"10000.0"}]

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

Morningstar Analyst Rating

Morningstar awarded the Fund a Bronze analyst rating on 10/3/18¹

I-Share Morningstar Ratings
(as of 4/30/2019)

Overall

:
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 5 stars, and 10-Year, 5 stars, rated against 1203, 1203, 1073 and 802 products, respectively. Morningstar Rating^TM 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.
©2019 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.
:
1203 Products | Large Blend Category

Based on Risk-Adjusted Returns

Calendar Year Returns (%)
	Fund	Benchmark	Peergroup
2018	-1.64	-4.38	---
2017	22.01	21.83	---
2016	5.69	11.96	---
2015	6.77	1.38	---
2014	15.39	13.69	---
2013	34.93	32.39	---
2012	16.81	16.00	---
2011	0.97	2.11	---
2010	13.98	15.06	---
2009	25.38	26.46	---

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

Characteristics Holdings are subject to change. Percentages may be rounded.

Characteristics

Statistics
As of Date	4/30/2019
Net Assets	$4.6 billion
# of Holdings	76
% in Equities	97
% in Foreign Equities	0
Beta (3 year)	0.96
R Squared (3 year)	0.96
Standard Deviation	10.59%
Turnover (3/31/2019)	19%
Active Share	69%

Holdings Characteristics
(as of 4/30/2019)
	Fund	S&P 500 Index
Price/Earnings	16.4x	15.9x
Price/Book	3.8x	3.6x
EPS Growth Rate	10.4%	10.8%
Return on Equity	19.9%	26.0%
Asset Weighted Market Cap (billions)	$187.4	$246.8
Median Market Cap (billions)	$53.1	$22.7

Return Characteristics
(as of 4/30/2019)
	Fund
Alpha (5 Year)	1.78
Down Capture (5 Year)	84.00
Information Ratio (5 Year)	0.45
Sharpe Ratio (5 Year)	1.11
Up Capture (5 Year)	96.89

Top Ten Holdings (%)

4/30/2019
3/31/2019

(as of 4/30/2019)
label	percentageholding
Alphabet, Inc.	3.32
Microsoft Corp.	3.03
JP Morgan Chase & Co.	2.66
Bank of America Corp.	2.58
Procter & Gamble Co.	2.29
Mastercard, Inc.	2.11
Apple, Inc.	1.97
PNC Financial Services Group, Inc.	1.96
NextEra Energy, Inc.	1.91
Verizon Communications, Inc.	1.80
Total Portfolio %	23.63

(as of 3/31/2019)
label	percentageholding
Alphabet, Inc.	3.43
Microsoft Corp.	2.88
Bank of America Corp.	2.45
JP Morgan Chase & Co.	2.45
Procter & Gamble Co.	2.24
UnitedHealth Group, Inc.	2.23
Mastercard, Inc.	2.06
NextEra Energy, Inc.	2.00
Eli Lilly & Co.	1.99
Apple, Inc.	1.97
Total Portfolio %	23.70

PDF Full Portfolio Holdings

Market Cap Distribution(%)
(as of 4/30/2019)
Less than $2 billion	0
$2 billion - $5 billion	0
$5 billion - $10 billion	4
Greater than $10 billion	96
Not Classified	0

Fund Essentials
Inception Date	04/30/1998
Symbol	HGIIX
CUSIP	41664R192
Fund Number	1704

Sector Exposure
Sectors	3/31/2019	Fund 4/30/2019	Benchmark 4/30/2019	UNDERWEIGHT / OVERWEIGHT -4 0 4
Consumer Staples	11	11	7	Overweight 100.0%
Health Care	19	16	14	Overweight 50.0%
Utilities	5	5	3	Overweight 50.0%
Financials	14	14	13	Overweight 25.0%
Industrials	9	9	9	Overweight 0.0%
Information Technology	20	21	22	Overweight 25.0%
Consumer Discretionary	10	9	10	Overweight 25.0%
Materials	2	2	3	Overweight 25.0%
Real Estate	1	2	3	Overweight 25.0%
Communication Services	7	8	10	Overweight 50.0%
Energy	2	2	5	Overweight 75.0%

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.

Insights

The 5-Minute Forecast 2Q19

04/23/2019

A concise summary of the Hartford Funds Investment Consulting Group's views on the main challenges facing investors: Growth, Income, Volatility, Inflation, and Taxes.

2Q19 Multi-Asset Outlook: What's Really Changed?

04/15/2019

The big question now is how much higher markets can climb on the back of easier policy given that economic fundamentals continue to deteriorate.

2019 Outlooks (Wellington)

12/21/2018

Thought leaders from Wellington Management provide their outlook on issues that may influence markets and portfolios going forward.

Literature

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.

¹ The Morningstar Analyst Rating is not a credit or risk rating. It is a subjective evaluation performed by the manager research analysts of Morningstar. Morningstar evaluates funds based on five key pillars, which are process, performance, people, parent, and price. Analysts use this five pillar evaluation to determine how they believe funds are likely to perform over the long term on a risk-adjusted basis. They consider quantitative and qualitative factors in their research, and the weighting of each pillar may vary. The Analyst Rating scale is Gold, Silver, Bronze, Neutral, Negative. A Morningstar Analyst Rating of Gold, Silver, or Bronze reflects an Analyst’s conviction in a fund’s prospects for outperformance. Analyst Ratings are continuously monitored and reevaluated at least every 14 months. The Morningstar Analyst Rating should not be used as the sole basis in evaluating a mutual fund. Morningstar Analyst Ratings involve unknown risks and uncertainties which may cause Morningstar’s expectations not to occur or to differ significantly from what we expected. For more detailed information about Morningstar’s Analyst rating, including its methodology, please go to hartfordfunds.com/MorningstarAnalystMethodology.

©2019 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.

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