Hartford Core Equity Fund

33.17NAV (as of 9/18/2019)
+0.09 (+0.27%) 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 8/31/2019)	Average Annual Total Returns % (as of 8/31/2019)
Hartford Core Equity I	20.54	6.43	13.62	11.49	14.06	6.95
Benchmark	18.34	2.92	12.70	10.11	13.45	---
Morningstar Large Blend Category	16.79	1.26	11.03	7.87	11.42	---

Performance (%)
	YTD	1YR	3YR	5YR	10YR	SI
	% (as of 6/30/2019)	Average Annual Total Returns % (as of 6/30/2019)
Hartford Core Equity I	19.72	13.39	14.09	11.90	15.03	6.97
Benchmark	18.54	10.42	14.19	10.71	14.70	---
Morningstar Large Blend Category	17.23	8.10	12.58	8.36	12.65	---

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 8/31/2019)

[{"date":"Sat Aug 31 00:00:00 EDT 2019","value":"37256.0"},{"date":"Wed Jul 31 00:00:00 EDT 2019","value":"37717.0"},{"date":"Sun Jun 30 00:00:00 EDT 2019","value":"37003.0"},{"date":"Fri May 31 00:00:00 EDT 2019","value":"34795.0"},{"date":"Tue Apr 30 00:00:00 EDT 2019","value":"36658.0"},{"date":"Sun Mar 31 00:00:00 EDT 2019","value":"35106.0"},{"date":"Thu Feb 28 00:00:00 EST 2019","value":"34622.0"},{"date":"Thu Jan 31 00:00:00 EST 2019","value":"33311.0"},{"date":"Mon Dec 31 00:00:00 EST 2018","value":"30907.0"},{"date":"Fri Nov 30 00:00:00 EST 2018","value":"33798.0"},{"date":"Wed Oct 31 00:00:00 EDT 2018","value":"32959.0"},{"date":"Sun Sep 30 00:00:00 EDT 2018","value":"35116.0"},{"date":"Fri Aug 31 00:00:00 EDT 2018","value":"35007.0"},{"date":"Tue Jul 31 00:00:00 EDT 2018","value":"34016.0"},{"date":"Sat Jun 30 00:00:00 EDT 2018","value":"32632.0"},{"date":"Thu May 31 00:00:00 EDT 2018","value":"32458.0"},{"date":"Mon Apr 30 00:00:00 EDT 2018","value":"31903.0"},{"date":"Sat Mar 31 00:00:00 EDT 2018","value":"31761.0"},{"date":"Wed Feb 28 00:00:00 EST 2018","value":"32197.0"},{"date":"Wed Jan 31 00:00:00 EST 2018","value":"33340.0"},{"date":"Sun Dec 31 00:00:00 EST 2017","value":"31423.0"},{"date":"Thu Nov 30 00:00:00 EST 2017","value":"31121.0"},{"date":"Tue Oct 31 00:00:00 EDT 2017","value":"30039.0"},{"date":"Sat Sep 30 00:00:00 EDT 2017","value":"29168.0"},{"date":"Thu Aug 31 00:00:00 EDT 2017","value":"28947.0"},{"date":"Mon Jul 31 00:00:00 EDT 2017","value":"28842.0"},{"date":"Fri Jun 30 00:00:00 EDT 2017","value":"28348.0"},{"date":"Wed May 31 00:00:00 EDT 2017","value":"28317.0"},{"date":"Sun Apr 30 00:00:00 EDT 2017","value":"27739.0"},{"date":"Fri Mar 31 00:00:00 EDT 2017","value":"27340.0"},{"date":"Tue Feb 28 00:00:00 EST 2017","value":"27361.0"},{"date":"Tue Jan 31 00:00:00 EST 2017","value":"26185.0"},{"date":"Sat Dec 31 00:00:00 EST 2016","value":"25754.0"},{"date":"Wed Nov 30 00:00:00 EST 2016","value":"25351.0"},{"date":"Mon Oct 31 00:00:00 EDT 2016","value":"24751.0"},{"date":"Fri Sep 30 00:00:00 EDT 2016","value":"25268.0"},{"date":"Wed Aug 31 00:00:00 EDT 2016","value":"25402.0"},{"date":"Sun Jul 31 00:00:00 EDT 2016","value":"25619.0"},{"date":"Thu Jun 30 00:00:00 EDT 2016","value":"24916.0"},{"date":"Tue May 31 00:00:00 EDT 2016","value":"24864.0"},{"date":"Sat Apr 30 00:00:00 EDT 2016","value":"24306.0"},{"date":"Thu Mar 31 00:00:00 EDT 2016","value":"24337.0"},{"date":"Mon Feb 29 00:00:00 EST 2016","value":"23023.0"},{"date":"Sun Jan 31 00:00:00 EST 2016","value":"23303.0"},{"date":"Thu Dec 31 00:00:00 EST 2015","value":"24368.0"},{"date":"Mon Nov 30 00:00:00 EST 2015","value":"24555.0"},{"date":"Sat Oct 31 00:00:00 EDT 2015","value":"24393.0"},{"date":"Wed Sep 30 00:00:00 EDT 2015","value":"22905.0"},{"date":"Mon Aug 31 00:00:00 EDT 2015","value":"23370.0"},{"date":"Fri Jul 31 00:00:00 EDT 2015","value":"24636.0"},{"date":"Tue Jun 30 00:00:00 EDT 2015","value":"23846.0"},{"date":"Sun May 31 00:00:00 EDT 2015","value":"24039.0"},{"date":"Thu Apr 30 00:00:00 EDT 2015","value":"23593.0"},{"date":"Tue Mar 31 00:00:00 EDT 2015","value":"23593.0"},{"date":"Sat Feb 28 00:00:00 EST 2015","value":"23715.0"},{"date":"Sat Jan 31 00:00:00 EST 2015","value":"22307.0"},{"date":"Wed Dec 31 00:00:00 EST 2014","value":"22824.0"},{"date":"Sun Nov 30 00:00:00 EST 2014","value":"22658.0"},{"date":"Fri Oct 31 00:00:00 EDT 2014","value":"21988.0"},{"date":"Tue Sep 30 00:00:00 EDT 2014","value":"21299.0"},{"date":"Sun Aug 31 00:00:00 EDT 2014","value":"21629.0"},{"date":"Thu Jul 31 00:00:00 EDT 2014","value":"20749.0"},{"date":"Mon Jun 30 00:00:00 EDT 2014","value":"21089.0"},{"date":"Sat May 31 00:00:00 EDT 2014","value":"20739.0"},{"date":"Wed Apr 30 00:00:00 EDT 2014","value":"20219.0"},{"date":"Mon Mar 31 00:00:00 EDT 2014","value":"20169.0"},{"date":"Fri Feb 28 00:00:00 EST 2014","value":"20329.0"},{"date":"Fri Jan 31 00:00:00 EST 2014","value":"19220.0"},{"date":"Tue Dec 31 00:00:00 EST 2013","value":"19779.0"},{"date":"Sat Nov 30 00:00:00 EST 2013","value":"19283.0"},{"date":"Thu Oct 31 00:00:00 EDT 2013","value":"18705.0"},{"date":"Mon Sep 30 00:00:00 EDT 2013","value":"17897.0"},{"date":"Sat Aug 31 00:00:00 EDT 2013","value":"17260.0"},{"date":"Wed Jul 31 00:00:00 EDT 2013","value":"17758.0"},{"date":"Sun Jun 30 00:00:00 EDT 2013","value":"16722.0"},{"date":"Fri May 31 00:00:00 EDT 2013","value":"16971.0"},{"date":"Tue Apr 30 00:00:00 EDT 2013","value":"16462.0"},{"date":"Sun Mar 31 00:00:00 EDT 2013","value":"16173.0"},{"date":"Thu Feb 28 00:00:00 EST 2013","value":"15605.0"},{"date":"Thu Jan 31 00:00:00 EST 2013","value":"15366.0"},{"date":"Mon Dec 31 00:00:00 EST 2012","value":"14659.0"},{"date":"Fri Nov 30 00:00:00 EST 2012","value":"14592.0"},{"date":"Wed Oct 31 00:00:00 EDT 2012","value":"14375.0"},{"date":"Sun Sep 30 00:00:00 EDT 2012","value":"14730.0"},{"date":"Fri Aug 31 00:00:00 EDT 2012","value":"14375.0"},{"date":"Tue Jul 31 00:00:00 EDT 2012","value":"14000.0"},{"date":"Sat Jun 30 00:00:00 EDT 2012","value":"13842.0"},{"date":"Thu May 31 00:00:00 EDT 2012","value":"13339.0"},{"date":"Mon Apr 30 00:00:00 EDT 2012","value":"14187.0"},{"date":"Sat Mar 31 00:00:00 EDT 2012","value":"14286.0"},{"date":"Wed Feb 29 00:00:00 EST 2012","value":"13822.0"},{"date":"Tue Jan 31 00:00:00 EST 2012","value":"13171.0"},{"date":"Sat Dec 31 00:00:00 EST 2011","value":"12550.0"},{"date":"Wed Nov 30 00:00:00 EST 2011","value":"12478.0"},{"date":"Mon Oct 31 00:00:00 EDT 2011","value":"12567.0"},{"date":"Fri Sep 30 00:00:00 EDT 2011","value":"11475.0"},{"date":"Wed Aug 31 00:00:00 EDT 2011","value":"12301.0"},{"date":"Sun Jul 31 00:00:00 EDT 2011","value":"13010.0"},{"date":"Thu Jun 30 00:00:00 EDT 2011","value":"13374.0"},{"date":"Tue May 31 00:00:00 EDT 2011","value":"13620.0"},{"date":"Sat Apr 30 00:00:00 EDT 2011","value":"13689.0"},{"date":"Thu Mar 31 00:00:00 EDT 2011","value":"13256.0"},{"date":"Mon Feb 28 00:00:00 EST 2011","value":"13118.0"},{"date":"Mon Jan 31 00:00:00 EST 2011","value":"12695.0"},{"date":"Fri Dec 31 00:00:00 EST 2010","value":"12429.0"},{"date":"Tue Nov 30 00:00:00 EST 2010","value":"11749.0"},{"date":"Sun Oct 31 00:00:00 EDT 2010","value":"11690.0"},{"date":"Thu Sep 30 00:00:00 EDT 2010","value":"11207.0"},{"date":"Tue Aug 31 00:00:00 EDT 2010","value":"10211.0"},{"date":"Sat Jul 31 00:00:00 EDT 2010","value":"10670.0"},{"date":"Wed Jun 30 00:00:00 EDT 2010","value":"10055.0"},{"date":"Mon May 31 00:00:00 EDT 2010","value":"10572.0"},{"date":"Fri Apr 30 00:00:00 EDT 2010","value":"11432.0"},{"date":"Wed Mar 31 00:00:00 EDT 2010","value":"11402.0"},{"date":"Sun Feb 28 00:00:00 EST 2010","value":"10826.0"},{"date":"Sun Jan 31 00:00:00 EST 2010","value":"10543.0"},{"date":"Thu Dec 31 00:00:00 EST 2009","value":"10904.0"},{"date":"Mon Nov 30 00:00:00 EST 2009","value":"10656.0"},{"date":"Sat Oct 31 00:00:00 EDT 2009","value":"10077.0"},{"date":"Wed Sep 30 00:00:00 EDT 2009","value":"10367.0"},{"date":"Mon Aug 31 00:00:00 EDT 2009","value":"10000.0"}]

The Fund’s Class I shares has not been in operation for 10 years. Therefore, the growth of $10,000 (I Shares) chart includes performance and operating expenses of another class. For more information, see the prospectus.

Morningstar Analyst Rating

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

I-Share Morningstar Ratings
(as of 8/31/2019)

Overall

:
Overall, 5 stars, 3-Year, 5 stars, 5-Year, 5 stars, and 10-Year, 5 stars, rated against 1209, 1209, 1079 and 820 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.
:
1209 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.

CharacteristicsAllocations, exposures and holdings are subject to change. Percentages may be rounded.

Characteristics

Allocations, exposures and holdings are subject to change. Percentages may be rounded.

Statistics
As of Date	8/31/2019
Net Assets	$5.3 billion
# of Holdings	76
% in Equities	95
% in Foreign Equities	0
Beta (3 year)	0.94
R Squared (3 year)	0.97
Standard Deviation	11.57%
Turnover (6/30/2019)	20%
Active Share	68%

Holdings Characteristics
(as of 8/31/2019)
	Fund	S&P 500 Index
Price/Earnings	16.8x	16.0x
Price/Book	3.7x	3.6x
EPS Growth Rate	10.2%	11.0%
Return on Equity	20.4%	27.0%
Asset Weighted Market Cap (billions)	$196.7	$245.4
Median Market Cap (billions)	$51.6	$22.0

Return Characteristics
(as of 8/31/2019)
	Fund
Alpha (5 Year)	2.07
Down Capture (5 Year)	82.62
Information Ratio (5 Year)	0.57
Sharpe Ratio (5 Year)	0.96
Up Capture (5 Year)	96.56

Top Ten Holdings (%)

8/31/2019
6/30/2019

(as of 8/31/2019)
label	percentageholding
Alphabet, Inc.	3.18
Microsoft Corp.	3.02
Apple, Inc.	2.76
Procter & Gamble Co.	2.40
JP Morgan Chase & Co.	2.38
Bank of America Corp.	2.19
NextEra Energy, Inc.	2.04
Mastercard, Inc.	2.00
Baxter International, Inc.	1.80
Chubb Ltd.	1.73
Total Portfolio %	23.50

(as of 6/30/2019)
label	percentageholding
Microsoft Corp.	3.01
Alphabet, Inc.	2.91
Apple, Inc.	2.68
JP Morgan Chase & Co.	2.49
Bank of America Corp.	2.37
Procter & Gamble Co.	2.29
NextEra Energy, Inc.	1.96
Mastercard, Inc.	1.94
Verizon Communications, Inc.	1.75
Baxter International, Inc.	1.72
Total Portfolio %	23.12

PDF Full Portfolio Holdings

Market Cap Distribution(%)
(as of 8/31/2019)
	Fund
Less than $2 billion	0
$2 billion - $5 billion	0
$5 billion - $10 billion	5
Greater than $10 billion	95
Not Classified	0

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

Sector Exposure
Sectors	6/30/2019	Fund 8/31/2019	Benchmark 8/31/2019	UNDERWEIGHT / OVERWEIGHT -3 0 3
Health Care	17	17	14	Overweight 100.0%
Consumer Staples	11	11	8	Overweight 100.0%
Utilities	5	5	3	Overweight 66.66666666666667%
Industrials	10	10	9	Overweight 33.333333333333336%
Financials	14	13	13	Overweight 0.0%
Consumer Discretionary	9	10	10	Overweight 0.0%
Information Technology	21	21	22	Overweight 33.333333333333336%
Materials	2	2	3	Overweight 33.333333333333336%
Real Estate	2	2	3	Overweight 33.333333333333336%
Communication Services	8	8	10	Overweight 66.66666666666667%
Energy	2	1	4	Overweight 100.0%

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 3Q19

07/16/2019

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

3Q Multi-Asset Outlook: Central Banks to the Rescue? Don't Count on it

07/15/2019

Regardless of near-term developments on the trade front, I expect growth to slow and think investors should consider more defensive positioning.

Hartford Core Equity Fund Outlook & Commentary

06/30/2018

Portfolio Manager Mammen Chally provides an outlook for the Fund in 3Q18.

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.

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