Effective 12/31/17, this Fund is closed to certain qualified pension and retirement plans. For more information, please refer to the fund's statutory prospectus.
Objective
Seeks a high level of current income consistent with growth of capital.
Overview
A quality, dividend-focused fund that seeks to take advantage of the resilience of great franchises trading at attractive valuations.
The portfolio managers are supported by the full resources of Wellington.
Performance
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: 03/09/1994
Share Class Inception: 4/1/98.
Class IB-share performance prior to its inception date reflects Class IA-share performance adjusted to reflect the fees and expenses of Class IB-shares. SI performance is calculated from 3/9/94.
Characteristics
# of Holdings | 71 |
---|---|
% in Equities | 98 |
% in Foreign Equities | 8 |
Beta (3 year) | 0.82 |
R Squared (3 year) | 0.87 |
Standard Deviation | 15.35% |
Turnover | 27% |
Active Share | 73% |
Dividend Frequency | Semi-Annually |
FUND | S&P 500 Index | |
---|---|---|
Price/Earnings | 15.0x | 20.6x |
Price/Book | 3.5x | 5.6x |
EPS Growth Rate | 9.1% | 14.4% |
Asset Weighted Market Cap (billions) | $470.3 | $999.2 |
Return on Equity | 30.3% | 37.0% |
Median Market Cap (billions) | $120.6 | $38.2 |
Microsoft Corp. | 4.42 |
Alphabet, Inc. | 3.72 |
Apple, Inc. | 3.00 |
Wells Fargo & Co. | 2.66 |
UnitedHealth Group, Inc. | 2.43 |
Cisco Systems, Inc. | 2.36 |
JP Morgan Chase & Co. | 2.36 |
Lockheed Martin Corp. | 1.92 |
QUALCOMM, Inc. | 1.90 |
Philip Morris International, Inc. | 1.85 |
Total Portfolio % | 26.62 |
Less than $2 billion | 0 | |
$2 billion - $5 billion | 0 | |
$5 billion - $10 billion | 1 | |
Greater than $10 billion | 99 | |
Not Classified | 0 |
FUND |
BENCHMARK | UNDERWEIGHT / OVERWEIGHT | |||||
---|---|---|---|---|---|---|---|
6/30/24 | 9/30/24 | 9/30/24 | -13 0 13 | ||||
Energy | 9 | 8 | 3 | ||||
Financials | 17 | 17 | 13 | ||||
Health Care | 14 | 15 | 12 | ||||
Utilities | 5 | 6 | 3 | ||||
Materials | 4 | 5 | 2 | ||||
Consumer Staples | 7 | 7 | 6 | ||||
Real Estate | 3 | 3 | 2 | ||||
Industrials | 9 | 9 | 9 | ||||
Communication Services | 8 | 8 | 9 | ||||
Consumer Discretionary | 4 | 4 | 10 | ||||
Information Technology | 19 | 19 | 32 |
Fund Literature
Hartford HLS Funds are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA. Advisory services are provided by Hartford Funds Management Company, LLC (HFMC). The Funds are sub-advised by Wellington Management Company LLP. HFMC and Wellington Management are SEC registered investment advisers. Hartford Funds refers to HFD and HFMC, which are not affiliated with any sub-adviser.