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Domestic Equity fund

Hartford Core Equity Fund    Share Class - I (HGIIX)


MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 4 stars, and 10-Year, 5 stars, rated against 1221, 1221, 1106 and 807 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.
©2022 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 5/31/2022)
1221 PRODUCTS
Large Blend Category
Based on Risk-Adjusted Returns
MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 4 stars, and 10-Year, 5 stars, rated against 1221, 1221, 1106 and 807 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.
©2022 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 5/31/2022)
1221 PRODUCTS
Large Blend Category
Based on Risk-Adjusted Returns

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.


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).

Portfolio Management
Senior Managing Director
Equity Portfolio Manager
12
YRS
MANAGING THIS FUND
28
YRS
AT WELLINGTON MANAGEMENT
33
YRS
EXPERIENCE IN THIS INDUSTRY
Managing Director
Equity Research Analyst
5
YRS
MANAGING THIS FUND
21
YRS
AT WELLINGTON MANAGEMENT
21
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Equity Portfolio Manager
5
YRS
MANAGING THIS FUND
11
YRS
AT WELLINGTON MANAGEMENT
26
YRS
EXPERIENCE IN THIS INDUSTRY

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

FUND PROCESS VIDEO
Hartford Core Equity Fund Process Video


Mammen Chally, CFA

Managing Director, Equity Portfolio Manager

Mammen Chally video

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 5/31/2022)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 5/31/2022)
YTD 1YR 3YR 5YR 10YR SI
Hartford Core Equity I -14.12 -3.08 14.59 13.08 14.65 7.64
Benchmark -12.76 -0.30 16.44 13.38 14.40 ---
Morningstar Large Blend Category -12.34 -2.26 14.72 11.81 12.99 ---
 
CUMULATIVE %
(as of 3/31/2022)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 3/31/2022)
YTD 1YR 3YR 5YR 10YR SI
Hartford Core Equity I -6.53 11.27 17.52 15.82 14.84 8.08
Benchmark -4.60 15.65 18.92 15.99 14.64 ---
Morningstar Large Blend Category -5.23 12.10 16.78 14.09 13.04 ---

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: 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.

 

 

Hartford Core Equity Fund I Share Morningstar Ratings
Morningstar awarded the Fund a
Bronze analyst rating on 8/23/2021
overall
(as of 5/31/2022)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 4 stars, and 10-Year, 5 stars, rated against 1221, 1221, 1106 and 807 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.
©2022 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.

1221 PRODUCTS
|
Large Blend Category
Based on Risk-Adjusted Returns
3 YEAR
(as of 5/31/2022)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 4 stars, and 10-Year, 5 stars, rated against 1221, 1221, 1106 and 807 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.
©2022 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.

1221 PRODUCTS
|
Large Blend Category
Based on Risk-Adjusted Returns
5 YEAR
(as of 5/31/2022)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 4 stars, and 10-Year, 5 stars, rated against 1221, 1221, 1106 and 807 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.
©2022 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.

1106 PRODUCTS
|
Large Blend Category
Based on Risk-Adjusted Returns
10 YEAR
(as of 5/31/2022)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 4 stars, and 10-Year, 5 stars, rated against 1221, 1221, 1106 and 807 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.
©2022 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.

807 PRODUCTS
|
Large Blend Category
Based on Risk-Adjusted Returns

 

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

Characteristics

FUND ESSENTIALS
Inception Date 04/30/1998
Net Assets $10.8 billion
Total Operating Expenses 0.45%
Morningstar Category Large Blend
Lipper Classification Large-Cap Core Funds
CUSIP 41664R192
Fund Number 1704
FUND STATS
# of Holdings
71
% in Equities
99
% in Foreign Equities
0
Beta (3 year)
0.97
R Squared (3 year)
0.99
Standard Deviation
17.59%
Turnover- (3/31/2022)
15%
Active Share
61%
Holdings Characteristics
Price/Earnings
16.4x
Price/Book
4.3x
EPS Growth Rate
13.6%
Asset Weighted Market Cap (billions)
$478.5
Return on Equity
27.3%
Median Market Cap (billions)
$77.8
Top Ten Holdings (%)
Microsoft Corp. 5.43
Alphabet, Inc. 5.14
Apple, Inc. 4.73
Amazon.com, Inc. 3.59
UnitedHealth Group, Inc. 3.04
EOG Resources, Inc. 2.42
Procter & Gamble Co. 2.32
JP Morgan Chase & Co. 2.29
Eli Lilly & Co. 2.22
Bank of America Corp. 2.00
Total Portfolio % 33.18
Alphabet, Inc. 5.86
Microsoft Corp. 5.59
Apple, Inc. 5.15
Amazon.com, Inc. 4.42
UnitedHealth Group, Inc. 2.88
Bank of America Corp. 2.27
JP Morgan Chase & Co. 2.15
Procter & Gamble Co. 2.13
Eli Lilly & Co. 1.94
EOG Resources, Inc. 1.91
Total Portfolio % 34.30
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 0
$2 billion - $5 billion 0
$5 billion - $10 billion 1
Greater than $10 billion 99
Not Classified 0
RETURN CHARACTERISTICS
Alpha (5 Year)
0.19
Down Capture (5 Year)
93.85
Information Ratio (5 Year)
-0.16
Sharpe Ratio (5 Year)
0.79
Up Capture (5 Year)
95.41
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

3/31/22 5/31/22 5/31/22 -4 0 4
Health Care 15 18 14
Financials 11 12 11
Industrials 10 9 8
Consumer Staples 6 7 6
Information Technology 28 27 27
Communication Services 10 9 9
Utilities 2 3 3
Consumer Discretionary 12 10 11
Energy 3 4 5
Real Estate 2 2 3
Materials 1 1 3
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
12/30/2021 49.86 $0.3465 $0.0000 $0.0000 $0.3465
12/13/2021 49.23 $0.0000 $0.1679 $1.0803 $1.2482
Past distributions are not indicative of future distributions.

 

Fund Literature


03/31/2022 - PDF (212 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and the current performance.
03/31/2022 - PDF (220 KB)
This Fund Story outlines three distinguishing characteristics to help investors better understand the Fund.
03/31/2022 - PDF (172 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
03/31/2022 - PDF (530 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
PDF (139 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
03/31/2022 - PDF (531 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.
227542

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.

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