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Value fund

Hartford Emerging Markets Equity Fund   

MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 718, 718, 646 and 423 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.
©2024 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 6/30/2024)
718 PRODUCTS
Diversified Emerging Mkts Category
Based on Risk-Adjusted Returns
MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 718, 718, 646 and 423 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.
©2024 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 6/30/2024)
718 PRODUCTS
Diversified Emerging Mkts Category
Based on Risk-Adjusted Returns

Value fund

Hartford Emerging Markets Equity Fund   
Share Class - I (HERIX)

Objective

Seeks long-term capital appreciation.

Overview

A quantitatively managed fund that seeks to exploit the inefficiencies in emerging market companies by owning attractively valued stocks.

Portfolio Management
Managing Director
Associate Director of Portfolio Management, Quantitative Investment Group
4
YRS
MANAGING THIS FUND
19
YRS
AT WELLINGTON MANAGEMENT
33
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Associate Director of Global Industry Research
0
YRS
MANAGING THIS FUND
22
YRS
AT WELLINGTON MANAGEMENT
27
YRS
EXPERIENCE IN THIS INDUSTRY

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

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 6/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Emerging Markets Equity I 11.09 18.57 -2.07 4.46 3.65 2.57
Benchmark 7.49 12.55 -5.07 3.10 2.79 ---
Morningstar Diversified Emerging Mkts Category 6.87 12.30 -4.30 3.76 2.74 ---
 
CUMULATIVE %
(as of 6/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Emerging Markets Equity I 11.09 18.57 -2.07 4.46 3.65 2.57
Benchmark 7.49 12.55 -5.07 3.10 2.79 ---
Morningstar Diversified Emerging Mkts Category 6.87 12.30 -4.30 3.76 2.74 ---

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: 05/31/2011

Hartford Emerging Markets Equity Fund I Share Morningstar Ratings
overall
(as of 6/30/2024)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 718, 718, 646 and 423 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.
©2024 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.

718 PRODUCTS
|
Diversified Emerging Mkts Category
Based on Risk-Adjusted Returns
3 YEAR
(as of 6/30/2024)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 718, 718, 646 and 423 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.
©2024 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.

718 PRODUCTS
|
Diversified Emerging Mkts Category
Based on Risk-Adjusted Returns
5 YEAR
(as of 6/30/2024)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 718, 718, 646 and 423 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.
©2024 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.

646 PRODUCTS
|
Diversified Emerging Mkts Category
Based on Risk-Adjusted Returns
10 YEAR
(as of 6/30/2024)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 718, 718, 646 and 423 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.
©2024 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.

423 PRODUCTS
|
Diversified Emerging Mkts Category
Based on Risk-Adjusted Returns

Characteristics

FUND ESSENTIALS
Inception Date 05/31/2011
Net Assets $338 million
Total Operating Expenses 1.15%
Morningstar Category Diversified Emerging Mkts
Lipper Classification Emerging Markets Funds
CUSIP 41664M383
Fund Number 1017
FUND STATS
# of Holdings
229
% in Equities
97
% in Foreign Equities
97
Beta (3 year)
0.98
R Squared (3 year)
0.98
Standard Deviation
18.01%
Turnover
93%
Active Share
65%
Holdings Characteristics
FUND MSCI Emerging Markets Index
Price/Earnings
9.1x 10.9x
Price/Book
1.1x 1.6x
EPS Growth Rate
25.4% 22.3%
Asset Weighted Market Cap (billions)
$113.4 $133.0
Return on Equity
15.8% 15.7%
Median Market Cap (billions)
$8.6 $7.4
Regional Exposure (%)
Emerging Markets 100
Other 0
Emerging Markets 100
Other 0
Top Ten Holdings (%)
Taiwan Semiconductor Manufacturing Co. Ltd. 9.36
Tencent Holdings Ltd. 3.00
Samsung Electronics Co. Ltd. 2.74
Alibaba Group Holding Ltd. 2.21
Bank of China Ltd. 1.78
MediaTek, Inc. 1.78
CTBC Financial Holding Co. Ltd. 1.70
Quanta Computer, Inc. 1.51
PDD Holdings, Inc. 1.48
China CITIC Bank Corp. Ltd. 1.42
Total Portfolio % 26.98
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 3
$2 billion - $5 billion 13
$5 billion - $10 billion 13
Greater than $10 billion 71
Not Classified 0
RETURN CHARACTERISTICS
Alpha (5 Year)
1.89
Down Capture (5 Year)
95.94
Information Ratio (5 Year)
0.51
Sharpe Ratio (5 Year)
0.26
Up Capture (5 Year)
103.21
Country Allocation (%)
Represents 94% of total country allocation
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

3/31/24 5/31/24 5/31/24 -2 0 2
Financials 24 24 22
Consumer Discretionary 14 14 13
Health Care 4 4 3
Real Estate 3 3 2
Information Technology 23 23 23
Communication Services 9 9 9
Consumer Staples 4 5 5
Energy 5 5 5
Materials 7 6 7
Industrials 6 6 7
Utilities 2 2 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 total distribution
12/27/2023 8.81 $0.3410 $0.0000 $0.0000 $0.3410
12/11/2023 8.84 $0.0000 $0.0000 $0.0000 $0.0000
Past distributions are not indicative of future distributions.

Fund Literature


03/31/2024 - PDF (182 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
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03/31/2024 - PDF (139 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
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03/31/2024 - PDF (308 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
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03/31/2024 - PDF (206 KB)
Attribution analysis is a method for evaluating the performance of a portfolio compared to the benchmark.
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03/31/2024 - PDF (173 KB)
Attribution analysis is a method for evaluating the performance of a portfolio compared to the benchmark.
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PDF (165 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
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03/31/2024 - PDF (662 KB)
This Pitchbook reviews the Fund's investment approach, investment team, investment process, and general portfolio parameters.
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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.
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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.
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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.
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PDF (13 KB)
A document that supplements the fund's prospectus with additional information about the fund including its operations and risks.
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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. • 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, such as China. • Risks associated with investments in China include currency fluctuation, political, economic, social, environmental, regulatory and other risks, including risks associated with differing legal standards. • Small- and mid-cap securities can have greater risks and volatility than large-cap securities. • To the extent the Fund focuses on one or more sectors, the Fund may be subject to increased volatility and risk of loss if adverse developments occur.
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.
3656577

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