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Domestic Equity fund

Hartford Equity Income Fund    Share Class - I (HQIIX)


MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 1146, 1146, 1027 and 755 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 10/31/2021)
1146 PRODUCTS
Large Value Category
Based on Risk-Adjusted Returns

Objective

Seeks a high level of current income consistent with growth of capital.

Overview

A dividend-focused fund that seeks companies with above-average yields, below-average valuations, and the ability to sustain and/or grow dividends.


Dividends Are a Sign of Strength

We believe companies that initiate or consistently grow their dividends display confidence in the future health of their companies and a commitment to their shareholders.

We Use a Disciplined Stock Selection Process

We look for companies that meet the following criteria:

  1. Sustainable and/or growing dividends (or plans to initiate a dividend)
  2. Strong balance sheets
  3. Reasonable valuations
  4. Temporarily out of favor
  5. Strong management teams

Experience and Resources Can Give Us an Edge

The Fund management is backed by a large and experienced team of dedicated analysts and the full resources of sub-adviser Wellington Management.

Portfolio Management
Senior Managing Director
Equity Portfolio Manager
14
YRS
MANAGING THIS FUND
27
YRS
AT WELLINGTON MANAGEMENT
37
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Equity Portfolio Manager
2
YRS
MANAGING THIS FUND
16
YRS
AT WELLINGTON MANAGEMENT
24
YRS
EXPERIENCE IN THIS INDUSTRY
Managing Director
Equity Research Analyst
2
YRS
MANAGING THIS FUND
17
YRS
AT WELLINGTON MANAGEMENT
24
YRS
EXPERIENCE IN THIS INDUSTRY

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

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 10/31/2021)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 10/31/2021)
YTD 1YR 3YR 5YR 10YR SI
Hartford Equity Income I 21.24 39.69 15.08 13.15 12.88 9.94
Benchmark 22.03 43.76 13.90 12.39 12.85 ---
Morningstar Large Value Category 22.07 43.70 13.67 12.59 12.14 ---
 
CUMULATIVE %
(as of 9/30/2021)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 9/30/2021)
YTD 1YR 3YR 5YR 10YR SI
Hartford Equity Income I 14.94 29.90 11.07 11.60 13.31 9.66
Benchmark 16.14 35.01 10.07 10.94 13.51 ---
Morningstar Large Value Category 16.30 34.79 9.62 11.14 12.72 ---

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: 08/28/2003

Share Class Inception: 8/31/06.
Class I-share performance prior to its inception date reflects Class A-share performance (excluding sales charges) and operating expenses. SI performance is calculated from 8/28/03.

Hartford Equity Income Fund I Share Morningstar Ratings
Morningstar awarded the Fund a
Silver analyst rating on 4/1/2021
overall
(as of 10/31/2021)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 1146, 1146, 1027 and 755 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.

1146 PRODUCTS
|
Large Value Category
Based on Risk-Adjusted Returns
3 YEAR
(as of 10/31/2021)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 1146, 1146, 1027 and 755 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.

1146 PRODUCTS
|
Large Value Category
Based on Risk-Adjusted Returns
5 YEAR
(as of 10/31/2021)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 1146, 1146, 1027 and 755 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.

1027 PRODUCTS
|
Large Value Category
Based on Risk-Adjusted Returns
10 YEAR
(as of 10/31/2021)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 1146, 1146, 1027 and 755 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.

755 PRODUCTS
|
Large Value Category
Based on Risk-Adjusted Returns

Characteristics

FUND ESSENTIALS
Inception Date 08/28/2003
Net Assets $4.9 billion
Total Operating Expenses 0.74%
Morningstar Category Large Value
Lipper Classification Equity Income Funds
CUSIP 416649705
Fund Number 1307
FUND STATS
# of Holdings
67
% in Equities
99
% in Foreign Equities
6
Beta (3 year)
0.85
R Squared (3 year)
0.98
Standard Deviation
17.18%
Turnover- (9/30/2021)
25%
Active Share
71%
Dividend Frequency
Quarterly
Holdings Characteristics
FUND Russell 1000 Value Index
Price/Earnings
15.7x 16.3x
Price/Book
3.3x 3.1x
EPS Growth Rate
11.4% 13.0%
Asset Weighted Market Cap (billions)
$163.4 $166.0
Return on Equity
29.5% 16.5%
Median Market Cap (billions)
$91.6 $14.0
Top Ten Holdings (%)
UnitedHealth Group, Inc. 3.57
JP Morgan Chase & Co. 3.16
Cisco Systems, Inc. 3.15
Johnson & Johnson 2.79
Bank of America Corp. 2.56
Comcast Corp. 2.56
Morgan Stanley 2.43
Chubb Ltd. 2.39
Eaton Corp. plc 2.35
MetLife, Inc. 2.10
Total Portfolio % 27.06
Cisco Systems, Inc. 3.26
JP Morgan Chase & Co. 3.24
UnitedHealth Group, Inc. 3.22
Comcast Corp. 2.97
Johnson & Johnson 2.95
Bank of America Corp. 2.69
Morgan Stanley 2.44
Chubb Ltd. 2.26
Eaton Corp. plc 2.26
MetLife, Inc. 2.19
Total Portfolio % 27.48
Yields (%) (as of 10/31/21)
30-Day SEC Yield
1.50
Unsubsidized 30-Day SEC Yield
1.50
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)
2.02
Down Capture (5 Year)
83.79
Information Ratio (5 Year)
0.22
Sharpe Ratio (5 Year)
0.86
Up Capture (5 Year)
93.12
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

9/30/21 10/31/21 10/31/21 -5 0 5
Consumer Staples 12 12 7
Health Care 20 19 17
Industrials 13 13 12
Utilities 6 6 5
Energy 5 5 5
Materials 4 4 4
Financials 21 21 22
Information Technology 8 9 10
Consumer Discretionary 5 5 6
Real Estate 2 2 5
Communication Services 4 4 8
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
9/29/2021 22.70 $0.0882 $0.0000 $0.0000 $0.0882
6/29/2021 22.56 $0.0722 $0.0000 $0.0000 $0.0722
3/30/2021 21.64 $0.1101 $0.0000 $0.0000 $0.1101
12/30/2020 19.53 $0.1208 $0.0000 $0.0000 $0.1208
12/11/2020 19.67 $0.0000 $0.0000 $0.1995 $0.1995
Past distributions are not indicative of future distributions.

Fund Literature


09/30/2021 - PDF (266 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
09/30/2021 - PDF (635 KB)
This Fund Story outlines three distinguishing characteristics to help investors better understand the Fund.
09/30/2021 - PDF (198 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 (139 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
09/30/2021 - PDF (485 KB)
This Pitchbook reviews the Funds' 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.
Morningstar analyst's take on the Hartford Equity Income Fund.
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. • For dividend-paying stocks, dividends are not guaranteed and may decrease without notice. • 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. • Different investment styles may go in and out of favor, which may cause the Fund to underperform the broader stock market. • 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.

 

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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.

Mutual funds are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA/SIPC. ETFs 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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