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Multi-Strategy fund

Hartford Real Asset Fund   

Multi-Strategy fund

Hartford Real Asset Fund   
Share Class - I (HRLIX)

Objective

Seeks to provide long-term total returns that outpace inflation over a macroeconomic cycle.

Overview

A fund that seeks to provide long-term total returns that outpace inflation over a macroeconomic cycle through exposure to inflation-related equities, inflation-linked bonds, and commodities.

Portfolio Management
Managing Director
Portfolio Manager
3
YRS
MANAGING THIS FUND
14
YRS
AT WELLINGTON MANAGEMENT
16
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Multi-Asset Portfolio Manager
14
YRS
MANAGING THIS FUND
17
YRS
AT WELLINGTON MANAGEMENT
33
YRS
EXPERIENCE IN THIS INDUSTRY

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

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 11/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 11/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Real Asset I 2.18 4.81 4.87 6.77 3.49 2.29
Benchmark 5.82 8.57 4.88 5.93 3.66 ---
 
CUMULATIVE %
(as of 9/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 9/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Real Asset I 5.06 10.13 6.02 7.73 2.97 2.51
Benchmark 7.46 11.37 5.52 6.36 3.53 ---

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: 05/28/2010

Characteristics

FUND ESSENTIALS
Inception Date 05/28/2010
Net Assets $79 million
Gross Operating Expenses 1.24%
Net Operating Expenses 1.01%
Morningstar Category Global Allocation
Lipper Classification Real Return Funds
CUSIP 41664M565
Fund Number 1536
FUND STATS
% in Commodities
13
% in Inflation-Related Equities
53
% in Inflation-Linked Bonds
34
Equity Regional Exposure (%)
North America 47
Continental Europe 24
United Kingdom 13
Emerging Markets 7
Pacific Basin ex Japan 4
Japan 4
Middle East Developed 0
North America 47
Continental Europe 23
United Kingdom 13
Emerging Markets 7
Japan 5
Pacific Basin ex Japan 4
Middle East Developed 0
Commodity Exposure (%)
Industrial Metals 35
Energy 32
Agriculture and Livestock 24
Precious Metals 18
Industrial Metals 29
Energy 28
Agriculture and Livestock 17
Precious Metals 14
Inflation-Related Equity Exposure (%)
Energy 30
Real Estate 27
Agriculture 13
Industrial Metals 11
Utilities 9
Precious Metals 9
Other 2
Chemicals 0
Paper & Forest Products 0
Energy 33
Real Estate 26
Agriculture 13
Industrial Metals 12
Utilities 9
Precious Metals 6
Other 2
Chemicals 0
Paper & Forest Products 0
Inflation-Linked Bonds Exposure
US TIPS (<5 Yrs) 59
US TIPS (>5 Yrs) 37
Other 4
US TIPS (<5 Yrs) 59
US TIPS (>5 Yrs) 36
Other 5
Top Ten Equity Holdings (%)
Shell PLC 2.50
TotalEnergies SE 2.12
BP PLC 1.56
Archer-Daniels-Midland Co. 1.21
Equinor ASA 1.21
Enel SpA 1.20
FMC Corp. 1.08
Nutrien Ltd. 1.04
Engie SA 0.97
Exxon Mobil Corp. 0.96
Total Portfolio % 13.85
Top Fixed Income Issuers (%)
U.S. Treasury Inflation-Indexed Notes 29.48
U.S. Treasury Inflation-Indexed Bonds 3.31
Brazil Notas do Tesouro Nacional 0.91
Mexico Udibonos 0.43
Total Portfolio % 34.13
Top Ten Equity Exposure by Country (%)
Ukraine 0
Austria 0
United Kingdom 0
Hong Kong 0
Israel 0
Denmark 0
China 0
Mexico 0
Chile 0
Canada 0
Greece 0
Russia 0
Germany 0
Poland 0
France 0
Italy 0
Netherlands 0
Guatemala 0
Spain 0
Finland 0
Bermuda 0
Argentina 0
Euro Currency 0
Indonesia 0
Norway 0
Bulgaria 0
Panama 0
Other 0
Turkey 0
Jordan 0
Czech Republic 0
Colombia 0
Dominican Republic 0
Switzerland 0
Morocco 0
Peru 0
Singapore 0
South Korea 0
United States 0
Malaysia 0
New Zealand 0
India 0
South Africa 0
Taiwan 0
Sweden 0
Australia 0
Philippines 0
Brazil 0
Hungary 0
Thailand 0
Japan 0
Top Ten Currency Exposure (%)
US Dollar 69
Euro Currency 10
Canadian Dollar 6
UK Sterling 4
Japanese Yen 2
Norwegian Krone 2
Australian Dollar 2
Brazilian Real 1
South African Rand 1
Hong Kong Dollar 1
US Dollar 69
Euro Currency 10
Canadian Dollar 6
UK Sterling 5
Japanese Yen 2
Australian Dollar 2
Norwegian Krone 2
South African Rand 1
Brazilian Real 1
Hong Kong Dollar 1
distributions and capital gains
Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
12/27/2023 8.76 $0.3700 $0.0000 $0.0000 $0.3700
12/15/2023 8.96 $0.0000 $0.0000 $0.0000 $0.0000
Past distributions are not indicative of future distributions.

Fund Literature


09/30/2024 - PDF (228 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
09/30/2024 - PDF (285 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 (167 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
09/30/2024 - PDF (462 KB)
This Pitchbook reviews the Fund's investment approach, investment team, investment process, and general portfolio parameters.
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.
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 to specialist portfolio managers, and among different asset classes, may not work as intended. • Investments in the commodities market and the natural-resource industry may increase the Fund's liquidity risk, volatility and risk of loss if adverse developments occur. Investments linked to prices of commodities may be considered speculative. • Fixed income security risks include credit, liquidity, call, duration, and interest-rate risk. As interest rates rise, bond prices generally fall. • The value of inflation-protected securities (IPS) generally fluctuates with changes in real interest rates, and the market for IPS may be less developed or liquid, and more volatile, than other securities markets. • 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. • Derivatives are generally more volatile and sensitive to changes in market or economic conditions than other securities; their risks include currency, leverage, liquidity, index, pricing, regulatory and counterparty risk. • By investing in a Cayman subsidiary, the Fund is indirectly exposed to the risks associated with a non-U.S. subsidiary and its investments. • The Fund's investments may fluctuate in value over a short period of time. • The value of the underlying real estate of real estate related securities may go down due to various factors, including but not limited to, strength of the economy, amount of new construction, laws and regulations, costs of real estate, availability of mortgages and changes in interest rates. • Obligations of U.S. Government agencies are supported by varying degrees of credit but are generally not backed by the full faith and credit of the U.S. Government. • The Fund may have high portfolio turnover, which could increase its transaction costs and an investor's tax liability.

BLOOMBERG® and any Bloomberg Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited ("BISL"), the administrator of the indices (collectively, "Bloomberg") and have been licensed for use for certain purposes by Hartford Funds. Bloomberg is not affiliated with Hartford Funds, and Bloomberg does not approve, endorse, review, or recommend any Hartford Funds product. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to Hartford Funds products.

The blended returns are calculated by Hartford Funds and include, among other index provider data, end of day index level values licensed from MSCI ("MSCI Data"). For the avoidance of doubt, MSCI is not the benchmark "administrator" for, or a "contributor", "submitter" or "supervised contributor" to, the blended returns, and the MSCI Data is not considered a "contribution" or "submission" in relation to the blended returns, as those terms may be defined in any rules, laws, regulations, legislation or international standards. MSCI Data is provided "AS IS" without warranty or liability and no copying or distribution is permitted. MSCI does not make any representation regarding the advisability of any investment or strategy and does not sponsor, promote, issue, sell or otherwise recommend or endorse any investment or strategy, including any financial products or strategies based on, tracking or otherwise utilizing any MSCI Data, models, analytics or other materials or information.
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