• Products
  • Insights
  • Practice Management
  • Resources
  • About Us

Domestic Equity fund

Hartford Core Equity Fund   

Domestic Equity fund

Hartford Core Equity Fund   
Share Class - I (HGIIX)

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

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

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 8/31/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 8/31/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Core Equity I 20.83 28.32 7.79 14.30 12.89 8.31
Benchmark 19.53 27.14 9.38 15.92 12.98 ---
Morningstar Large Blend Category 17.18 24.59 7.74 14.28 11.43 ---
 
CUMULATIVE %
(as of 6/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Core Equity I 17.13 26.15 8.50 13.75 12.82 8.23
Benchmark 15.29 24.56 10.01 15.05 12.86 ---
Morningstar Large Blend Category 12.64 21.37 7.97 13.28 11.23 ---

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 Medalist RatingTM
7/15/2024
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 $10.6 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
70
% in Equities
100
% in Foreign Equities
0
Beta (3 year)
0.94
R Squared (3 year)
0.99
Standard Deviation
16.88%
Turnover
19%
Active Share
51%
Holdings Characteristics
Price/Earnings
21.6x
Price/Book
5.7x
EPS Growth Rate
16.8%
Asset Weighted Market Cap (billions)
$1011.8
Return on Equity
37.2%
Median Market Cap (billions)
$117.6
Top Ten Holdings (%)
Apple, Inc. 7.66
Microsoft Corp. 6.86
NVIDIA Corp. 5.84
Amazon.com, Inc. 4.47
Alphabet, Inc. 4.16
Broadcom, Inc. 2.57
JP Morgan Chase & Co. 2.49
Meta Platforms, Inc. 2.45
UnitedHealth Group, Inc. 2.35
Eli Lilly & Co. 2.29
Total Portfolio % 41.14
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)
-0.88
Down Capture (5 Year)
95.92
Information Ratio (5 Year)
-0.82
Sharpe Ratio (5 Year)
0.73
Up Capture (5 Year)
93.38
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

6/30/24 8/31/24 8/31/24 -2 0 2
Health Care 14 14 12
Information Technology 32 32 31
Industrials 8 9 8
Utilities 3 3 2
Financials 12 13 13
Consumer Discretionary 10 10 10
Real Estate 1 2 2
Materials 2 2 2
Communication Services 9 8 9
Consumer Staples 5 5 6
Energy 3 3 4
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 45.69 $0.4628 $0.0000 $0.0000 $0.4628
12/11/2023 44.64 $0.0000 $0.0000 $0.9141 $0.9141
Past distributions are not indicative of future distributions.

Fund Literature


06/30/2024 - PDF (163 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and the current performance.
06/30/2024 - PDF (133 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
06/30/2024 - PDF (284 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
06/30/2024 - PDF (171 KB)
Attribution analysis is a method for evaluating the performance of a portfolio compared to the benchmark.
06/30/2024 - PDF (172 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.
06/30/2024 - PDF (500 KB)
This Pitchbook reviews the Fund's investment approach, investment team, investment process, portfolio statistics, top holdings, and current performance.
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.
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.
3656515