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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, 644 and 389 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.
©2023 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 8/31/2023)
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, 644 and 389 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.
©2023 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 8/31/2023)
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
Senior Managing Director
Co-Director of Quantitative Investment Management and Portfolio Manager
8
YRS
MANAGING THIS FUND
28
YRS
AT WELLINGTON MANAGEMENT
34
YRS
EXPERIENCE IN THIS INDUSTRY
Managing Director
Quantitative Analyst
3
YRS
MANAGING THIS FUND
18
YRS
AT WELLINGTON MANAGEMENT
32
YRS
EXPERIENCE IN THIS INDUSTRY

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

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 8/31/2023)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 8/31/2023)
YTD 1YR 3YR 5YR 10YR SI
Hartford Emerging Markets Equity I 10.55 7.53 1.07 1.36 3.87 1.43
Benchmark 4.55 1.25 -1.39 0.98 2.99 ---
Morningstar Diversified Emerging Mkts Category 6.73 4.91 0.00 1.75 3.01 ---
 
CUMULATIVE %
(as of 6/30/2023)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2023)
YTD 1YR 3YR 5YR 10YR SI
Hartford Emerging Markets Equity I 9.17 4.46 4.27 1.06 3.77 1.34
Benchmark 4.89 1.75 2.32 0.93 2.95 ---
Morningstar Diversified Emerging Mkts Category 7.11 5.39 3.40 1.48 2.89 ---

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 8/31/2023)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 718, 718, 644 and 389 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.
©2023 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 8/31/2023)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 718, 718, 644 and 389 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.
©2023 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 8/31/2023)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 718, 718, 644 and 389 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.
©2023 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.

644 PRODUCTS
|
Diversified Emerging Mkts Category
Based on Risk-Adjusted Returns
10 YEAR
(as of 8/31/2023)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 3 stars, and 10-Year, 4 stars, rated against 718, 718, 644 and 389 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.
©2023 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.

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

Characteristics

FUND ESSENTIALS
Inception Date 05/31/2011
Net Assets $398 million
Total Operating Expenses 1.16%
Morningstar Category Diversified Emerging Mkts
Lipper Classification Emerging Markets Funds
CUSIP 41664M383
Fund Number 1017
FUND STATS
# of Holdings
263
% in Equities
98
% in Foreign Equities
98
Beta (3 year)
0.97
R Squared (3 year)
0.97
Standard Deviation
18.04%
Turnover- (6/30/2023)
88%
Active Share
65%
Holdings Characteristics
FUND MSCI Emerging Markets Index
Price/Earnings
8.8x 11.2x
Price/Book
1.1x 1.5x
EPS Growth Rate
8.8% 14.0%
Asset Weighted Market Cap (billions)
$76.6 $103.7
Return on Equity
16.1% 15.5%
Median Market Cap (billions)
$7.4 $6.6
Regional Exposure (%)
Emerging Markets 100
Other 0
Emerging Markets 100
Other 0
Top Ten Holdings (%)
Taiwan Semiconductor Manufacturing Co. Ltd. 4.90
Tencent Holdings Ltd. 3.52
Alibaba Group Holding Ltd. 3.32
Samsung Electronics Co. Ltd. 2.65
ICICI Bank Ltd. 1.93
Quanta Computer, Inc. 1.85
Bank of China Ltd. 1.60
NetEase, Inc. 1.51
Banco do Brasil SA 1.50
Petroleo Brasileiro SA 1.49
Total Portfolio % 24.27
Taiwan Semiconductor Manufacturing Co. Ltd. 5.24
Tencent Holdings Ltd. 3.69
Samsung Electronics Co. Ltd. 2.94
Alibaba Group Holding Ltd. 2.90
Bank of China Ltd. 1.94
Banco do Brasil SA 1.75
NetEase, Inc. 1.44
Infosys Ltd. 1.29
Bank Mandiri Persero Tbk PT 1.24
Kia Corp. 1.24
Total Portfolio % 23.67
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 4
$2 billion - $5 billion 12
$5 billion - $10 billion 19
Greater than $10 billion 65
Not Classified 0
RETURN CHARACTERISTICS
Alpha (5 Year)
0.46
Down Capture (5 Year)
99.30
Information Ratio (5 Year)
0.11
Sharpe Ratio (5 Year)
0.08
Up Capture (5 Year)
100.78
Country Allocation (%)
Represents 95% of total country allocation
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

6/30/23 8/31/23 8/31/23 -2 0 2
Consumer Discretionary 15 16 14
Real Estate 4 4 2
Financials 22 23 22
Information Technology 24 21 21
Communication Services 10 10 10
Consumer Staples 6 6 6
Health Care 3 4 4
Materials 7 7 8
Industrials 5 6 7
Energy 4 4 5
Utilities 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 total distribution
12/28/2022 7.94 $0.2972 $0.0000 $0.0000 $0.2972
12/12/2022 8.38 $0.0000 $0.0000 $0.0000 $0.0000
Past distributions are not indicative of future distributions.

Fund Literature


06/30/2023 - PDF (214 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
06/30/2023 - PDF (146 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
06/30/2023 - PDF (279 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 (146 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
06/30/2023 - PDF (689 KB)
This Pitchbook reviews the Fund's investment approach, investment team, investment process, and general portfolio parameters.
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. • 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.
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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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