Hartford Core Equity Fund

32.46NAV (as of 9/21/2018)
+0.01 (+0.03%) 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 manager 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 manager relies on his 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

Portfolio managers are supported by the full resources of Wellington Management.

Video Commentaries

Investment Process (3:57)
Portfolio Manager Mammen Chally

Fund Outlook & Commentary (5:16)
Portfolio Manager Mammen Chally

Performance (%)
	YTD	1YR	3YR	5YR	10YR	SI
	% (as of 8/31/2018)	Average Annual Total Returns % (as of 8/31/2018)
Hartford Core Equity I	11.40	20.93	14.42	15.19	11.16	6.97
Benchmark	9.94	19.66	16.11	14.52	10.86	---
Morningstar Large Blend Category	8.13	17.73	13.59	12.16	9.12	---

Performance (%)
	YTD	1YR	3YR	5YR	10YR	SI
	% (as of 6/30/2018)	Average Annual Total Returns % (as of 6/30/2018)
Hartford Core Equity I	3.85	15.11	11.02	14.31	10.33	6.66
Benchmark	2.65	14.37	11.93	13.42	10.17	---
Morningstar Large Blend Category	1.68	12.77	9.54	11.28	8.39	---

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

Operating Expenses: Net 0.51% | Gross 0.51%

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

(as of 8/31/2018)

Reflects Class A, excluding sales charges. If sales charges and taxes had been included, the value would have been lower. Results for other classes will vary.

Morningstar Analyst Rating

Morningstar awarded the Fund a Bronze analyst rating on 10/9/17¹

Calendar Year Returns (%)
	Fund	Benchmark	Peergroup
2017	22.01	21.83	20.45
2016	5.69	11.96	10.06
2015	6.77	1.38	-1.46
2014	15.39	13.69	10.73
2013	34.93	32.39	31.32
2012	16.81	16.00	14.85
2011	0.97	2.11	-1.40
2010	13.98	15.06	14.18
2009	25.38	26.46	28.15
2008	-37.74	-37.00	-37.90

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	8/31/2018
Net Assets	$3.6 billion
# of Holdings	76
Beta	0.89
R Squared	0.94
% in Equities	97%
Turnover (6/30/2018)	29%
% in Foreign Equities	0%
Standard Deviation	8.61%

Holdings Characteristics
(as of 8/31/2018)
	Fund	S&P 500 Index
Asset Weighted Market Cap	$178.8 billion	$249.8 billion
EPS Growth Rate	11.8%	13.0%
Median Market Cap	$57.3 billion	$22.2 billion
Price/Book	3.6x	3.8x
Price/Earnings	16.6x	16.6x
Return on Equity	25.2%	26.5%

Return Characteristics
(as of 8/31/2018)
	Fund
Alpha	1.93
Down Capture	81.87
Information Ratio	0.34
Sharpe Ratio	1.64
Up Capture	95.91

Top Ten Holdings (%)

8/31/2018
6/30/2018

(as of 8/31/2018)
label	percentageholding
Alphabet, Inc.	3.55
Mastercard, Inc.	3.11
JP Morgan Chase & Co.	2.79
Bank of America Corp.	2.77
Microsoft Corp.	2.76
UnitedHealth Group, Inc.	2.43
Apple, Inc.	2.36
PNC Financial Services Group, Inc.	2.16
NextEra Energy, Inc.	2.01
Boeing Co.	1.80
Total Portfolio %	25.74

(as of 6/30/2018)
label	percentageholding
Alphabet, Inc.	3.52
Mastercard, Inc.	3.06
JP Morgan Chase & Co.	2.74
Bank of America Corp.	2.73
Microsoft Corp.	2.43
UnitedHealth Group, Inc.	2.41
Facebook, Inc.	2.30
PNC Financial Services Group, Inc.	2.20
NextEra Energy, Inc.	2.13
Apple, Inc.	2.07
Total Portfolio %	25.59

Excel Full Portfolio Holdings Excel PDF Full Portfolio Holdings

Market Cap Distribution %
(as of 08/31/2018)
Less than $2 billion	0.0
$2 billion - $5 billion	0.0
$5 billion - $10 billion	4.8
Greater than $10 billion	95.2

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

Sector Exposure
Sectors	06/30/2018	Fund 08/31/2018	Benchmark 08/31/2018	UNDERWEIGHT / OVERWEIGHT -3 0 3
Health Care	17.0	17.8	14.6	Overweight 100.0%
Utilities	4.9	4.7	2.8	Overweight 66.66666666666667%
Financials	14.5	14.8	13.8	Overweight 33.333333333333336%
Industrials	11.0	11.3	9.6	Overweight 33.333333333333336%
Consumer Staples	7.5	7.1	6.7	Overweight 0.0%
Materials	2.2	2.3	2.5	Overweight 0.0%
Telecommunication Services	1.7	1.7	1.9	Overweight 0.0%
Information Technology	26.4	26.0	26.5	Overweight 33.333333333333336%
Consumer Discretionary	12.1	11.7	12.9	Overweight 33.333333333333336%
Energy	2.8	2.7	5.9	Overweight 100.0%
Real Estate	0.0	0.0	2.7	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 3Q18

Wed Jul 18 11:24:00 EDT 2018

A concise summary of the Hartford Funds Multi-Asset Team’s views on the main challenges facing investors: Growth, Income, Volatility, Inflation, and Taxes.

Hartford Core Equity Fund Outlook & Commentary

Sat Jun 30 13:55:00 EDT 2018

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

Literature

Fund Literature Select All
Fact Sheet 06/30/2018 \| pdf Get FINRA Letter Email Subscribe E-Mail Updates Print Updates Max 100
Fund Story 06/30/2018 \| pdf Get FINRA Letter Email Subscribe E-Mail Updates Print Updates Max 100
Commentary 06/30/2018 \| pdf Get FINRA Letter Email Subscribe E-Mail Updates Print Updates Max 100
Expanded Commentary 06/30/2018 \| pdf Email Subscribe E-Mail Updates Print Updates Max 100
Summary Prospectus 03/01/2018 \| pdf Email Available For Download Only
Pitchbook 06/30/2018 \| pdf Email Subscribe E-Mail Updates Available For Download Only
Semi Annual Report 04/30/2018 \| pdf Email Available For Download Only
Statutory Prospectus 03/01/2018 \| pdf Email Available For Download Only
Annual Report 10/31/2017 \| pdf Email Available For Download Only
SAI 03/01/2018 \| pdf Email Available For Download Only

A WORD ABOUT RISK

Investing involves risk, including the possible loss of principal. There is no guarantee a fund will achieve its stated objective. 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.

©2018 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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