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Global International Equity fund

Hartford International Equity Fund   

Global International Equity fund

Hartford International Equity Fund   
Share Class - C (HDVCX)

Effective as of the opening of business on March 20, 2024, Classes A, C and I of the Fund will no longer be closed to new investors and will be available for purchase by all eligible investors.

Objective

Seeks long-term capital appreciation.

Overview

An international stock fund that combines the high active share and low volatility strategies of multiple managers.

Portfolio Management
Senior Managing Director
Director of Investment Strategy
10
YRS
MANAGING THIS FUND
22
YRS
AT WELLINGTON MANAGEMENT
31
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Portfolio Manager
5
YRS
MANAGING THIS FUND
15
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 2/29/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 2/29/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford International Equity C 1.56 10.25 0.51 4.20 2.98 2.12
With 1.0% CDSC --- 9.25 0.51 4.20 2.98 2.12
Benchmark 1.51 12.51 1.32 5.44 3.96 ---
Morningstar Foreign Large Blend Category 1.97 12.85 2.60 6.03 4.14 ---
 
CUMULATIVE %
(as of 12/31/2023)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 12/31/2023)
YTD 1YR 3YR 5YR 10YR SI
Hartford International Equity C 13.87 13.87 0.72 5.78 2.87 2.04
With 1.0% CDSC --- 12.87 0.72 5.78 2.87 2.04
Benchmark 15.62 15.62 1.55 7.08 3.83 ---
Morningstar Foreign Large Blend Category 16.25 16.25 2.43 7.62 3.98 ---

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.

SI = Since Inception. Fund Inception: 06/30/2008

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

Characteristics

FUND ESSENTIALS
Inception Date 06/30/2008
Net Assets $636 million
Total Operating Expenses 1.79%
Morningstar Category Foreign Large Blend
Lipper Classification International Multi-Cap Core
CUSIP 41664L369
Fund Number 1565
FUND STATS
# of Holdings
460
% in Equities
97
% in Foreign Equities
94
Beta (3 year)
1.00
R Squared (3 year)
0.99
Standard Deviation
17.09%
Turnover- (12/31/2023)
33%
Active Share
63%
Holdings Characteristics
FUND MSCI ACWI ex USA Index
Price/Earnings
13.4x 13.1x
Price/Book
1.9x 1.8x
EPS Growth Rate
13.9% 12.1%
Asset Weighted Market Cap (billions)
$85.6 $100.4
Return on Equity
15.9% 16.3%
Median Market Cap (billions)
$12.3 $8.9
Top Ten Countries (%)
Japan 14
France 11
United Kingdom 11
China 6
Germany 6
Canada 5
Switzerland 5
Taiwan 4
India 4
South Korea 4
Top Ten Holdings (%)
Taiwan Semiconductor Manufacturing Co. Ltd. 2.72
Schneider Electric SE 1.43
Samsung Electronics Co. Ltd. 1.38
AstraZeneca PLC 1.17
Capgemini SE 1.15
Tencent Holdings Ltd. 1.10
Heineken NV 0.99
Airbus SE 0.98
Novartis AG 0.95
ASML Holding NV 0.91
Total Portfolio % 12.78
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 4
$2 billion - $5 billion 5
$5 billion - $10 billion 8
Greater than $10 billion 82
Not Classified 0
RETURN CHARACTERISTICS
Alpha (5 Year)
-0.04
Down Capture (5 Year)
101.47
Information Ratio (5 Year)
-0.02
Sharpe Ratio (5 Year)
0.26
Up Capture (5 Year)
100.98
Regional Exposure (%)
Developed EU & Middle East ex UK 36
Emerging Markets 27
Japan 14
United Kingdom 11
North America 9
Developed Asia Pacific ex Japan 4
Other 0
Developed EU & Middle East ex UK 36
Emerging Markets 27
Japan 14
United Kingdom 10
North America 9
Developed Asia Pacific ex Japan 4
Other 0
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

12/31/23 2/29/24 2/29/24 -4 0 4
Communication Services 8 8 5
Industrials 15 16 14
Consumer Discretionary 14 14 12
Consumer Staples 10 10 8
Health Care 10 10 9
Information Technology 12 13 13
Materials 6 6 7
Energy 4 4 5
Real Estate 1 1 2
Utilities 1 1 3
Financials 18 17 21
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 total distribution
12/27/2023 11.50 $0.1071 $0.0000 $0.0000 $0.1071
12/11/2023 11.16 $0.0000 $0.0000 $0.0000 $0.0000
Past distributions are not indicative of future distributions.

Fund Literature


12/31/2023 - 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.
12/31/2023 - 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.
PDF (159 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
12/31/2023 - PDF (1 MB)
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. The Fund's strategy for allocating assets among portfolio teams, and among different asset classes, may not work as intended. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political, economic and regulatory developments. These risks may be greater, and include additional risks, for investments in emerging markets or if the Fund focuses in a particular geographic region or country. • Small- and mid-cap securities can have greater risks and volatility than large-cap securities. • The Fund's strategy for allocating assets among portfolio management teams may not work as intended.
Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any of such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI's express written consent.
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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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