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Domestic Equity fund

Hartford Core Equity Fund    Share Class - R6 (HAITX)


MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 5 stars, rated against 1257, 1257, 1099 and 820 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.
©2021 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 6/30/2021)
1257 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.

Investor's Business Daily

Top Fund Avoids Fads, Sticks to
Leading Stocks Like Apple, Amazon

Read Article

 


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
23
YRS
MANAGING THIS FUND
27
YRS
AT WELLINGTON MANAGEMENT
32
YRS
EXPERIENCE IN THIS INDUSTRY
Managing Director
Equity Research Analyst
13
YRS
MANAGING THIS FUND
20
YRS
AT WELLINGTON MANAGEMENT
20
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Equity Portfolio Manager
10
YRS
MANAGING THIS FUND
10
YRS
AT WELLINGTON MANAGEMENT
25
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 6/30/2021)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2021)
YTD 1YR 3YR 5YR 10YR SI
Hartford Core Equity R6 12.76 39.23 19.23 17.35 15.48 8.61
Benchmark 15.25 40.79 18.67 17.65 14.84 ---
Morningstar Large Blend Category 14.84 40.47 16.77 16.15 13.21 ---
 
CUMULATIVE %
(as of 6/30/2021)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2021)
YTD 1YR 3YR 5YR 10YR SI
Hartford Core Equity R6 12.76 39.23 19.23 17.35 15.48 8.61
Benchmark 15.25 40.79 18.67 17.65 14.84 ---
Morningstar Large Blend Category 14.84 40.47 16.77 16.15 13.21 ---

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 R6-share performance prior to its inception date reflects Class Y-share performance (excluding sales charges) and operating expenses. SI performance is calculated from 4/30/98.

 

 

Hartford Core Equity Fund R6 Share Morningstar Ratings
Morningstar awarded the Fund a
Bronze analyst rating on 9/9/2020
overall
(as of 6/30/2021)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 5 stars, rated against 1257, 1257, 1099 and 820 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.
©2021 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.

1257 PRODUCTS
|
Large Blend Category
Based on Risk-Adjusted Returns
3 YEAR
(as of 6/30/2021)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 5 stars, rated against 1257, 1257, 1099 and 820 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.
©2021 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.

1257 PRODUCTS
|
Large Blend Category
Based on Risk-Adjusted Returns
5 YEAR
(as of 6/30/2021)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 5 stars, rated against 1257, 1257, 1099 and 820 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.
©2021 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.

1099 PRODUCTS
|
Large Blend Category
Based on Risk-Adjusted Returns
10 YEAR
(as of 6/30/2021)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 5 stars, rated against 1257, 1257, 1099 and 820 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.
©2021 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.

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

 

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

Characteristics

FUND ESSENTIALS
Inception Date 04/30/1998
Net Assets $11.9 billion
Total Operating Expenses 0.38%
Morningstar Category Large Blend
Lipper Classification Large-Cap Core Funds
CUSIP 41664R184
Fund Number 1705
FUND STATS
As of Date
6/30/2021
Net Assets
$11.9 billion
# of Holdings
72
% in Equities
98
% in Foreign Equities
0
Beta (3 year)
0.96
R Squared (3 year)
0.99
Standard Deviation
17.73%
Turnover- (6/30/2021)
18%
Active Share
60%
Holdings Characteristics
As of Date
6/30/2021
Price/Earnings
20.9x
Price/Book
5.3x
EPS Growth Rate
24.2%
Asset Weighted Market Cap (billions)
$526.8
Return on Equity
23.3%
Median Market Cap (billions)
$87.9
Top Ten Holdings (%)
Alphabet, Inc. 5.24
Microsoft Corp. 5.00
Apple, Inc. 4.80
Amazon.com, Inc. 4.14
Facebook, Inc. 2.92
JP Morgan Chase & Co. 2.45
UnitedHealth Group, Inc. 2.29
Bank of America Corp. 2.27
Walt Disney Co. 2.15
Procter & Gamble Co. 1.93
Total Portfolio % 33.19
Alphabet, Inc. 4.78
Microsoft Corp. 4.71
Apple, Inc. 4.62
Amazon.com, Inc. 4.03
Facebook, Inc. 2.67
JP Morgan Chase & Co. 2.59
Walt Disney Co. 2.44
Bank of America Corp. 2.30
UnitedHealth Group, Inc. 2.29
Procter & Gamble Co. 2.10
Total Portfolio % 32.53
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)
0.34
Down Capture (5 Year)
90.70
Information Ratio (5 Year)
-0.20
Sharpe Ratio (5 Year)
1.10
Up Capture (5 Year)
94.57
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

3/31/21 6/30/21 6/30/21 -2 0 2
Communication Services 13 13 11
Health Care 14 14 13
Financials 12 12 11
Industrials 10 10 9
Consumer Staples 7 7 6
Utilities 3 2 2
Information Technology 26 26 27
Consumer Discretionary 11 11 12
Real Estate 2 2 3
Energy 1 1 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
12/30/2020 41.31 $0.3373 $0.0000 $0.0000 $0.3373
12/11/2020 41.00 $0.0000 $0.0000 $0.0000 $0.0000
Past distributions are not indicative of future distributions.

 

Fund Literature


07/27/2021 - PDF (388 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
06/30/2021 - PDF (640 KB)
This Fund Story outlines three distinguishing characteristics to help investors better understand the Fund.
This flyer highlights how the Fund can be an active, low-cost choice for risk-concerned investors.
06/30/2021 - PDF (545 KB)
This flyer highlights how the Fund can be an active, low-cost choice for risk-concerned investors
06/30/2021 - PDF (167 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
07/27/2021 - PDF (426 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 (142 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
06/30/2021 - PDF (475 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.

 

223723

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, ETF or closed-end interval fund prospectus or summary prospectus, which can be obtained from a financial professional and should be read carefully before investing.

Mutual funds and the closed-end interval fund are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA/SIPC. Exchange-traded products are distributed by ALPS Distributors, Inc. (ALPS). Advisory services may be provided by Hartford Funds Management Company, LLC (HFMC) or its wholly owned subsidiary, Lattice Strategies LLC (Lattice). Certain funds are sub-advised by Wellington Management Company LLP and/or Schroder Investment Management North America Inc. Schroder Investment Management North America Ltd. serves as a secondary sub-adviser to certain funds. Hartford Funds refers to Hartford Funds Management Group, Inc. and its subsidiaries, including HFD, HFMC, and Lattice, which are not affiliated with any sub-adviser or ALPS. The funds and other products referred to on this Site may be offered and sold only to persons in the United States and its territories.

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