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Domestic Equity fund

Hartford Growth Opportunities Fund   

Domestic Equity fund

Hartford Growth Opportunities Fund   
Share Class - F (HGOFX)

For information on the outcome of the Fund's special meeting of shareholders, please see the Fund's prospectus supplement dated January 23, 2024.

Objective

Seeks capital appreciation.

Overview

An opportunistic, multi-cap growth fund that looks for early signs of accelerating fundamentals.

Portfolio Management
Senior Managing Director
Equity Portfolio Manager
14
YRS
MANAGING THIS FUND
23
YRS
AT WELLINGTON MANAGEMENT
28
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Equity Research Analyst
18
YRS
MANAGING THIS FUND
23
YRS
AT WELLINGTON MANAGEMENT
30
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 Growth Opportunities F 15.87 52.22 2.96 14.62 13.87 11.42
Benchmark 9.25 43.97 11.37 17.98 15.09 ---
Morningstar Large Growth Category 9.62 40.93 7.53 14.93 12.75 ---
 
CUMULATIVE %
(as of 12/31/2023)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 12/31/2023)
YTD 1YR 3YR 5YR 10YR SI
Hartford Growth Opportunities F 41.12 41.12 -1.31 15.23 12.75 10.76
Benchmark 41.21 41.21 8.08 18.85 14.33 ---
Morningstar Large Growth Category 36.74 36.74 4.68 15.74 12.03 ---

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: 03/31/1963

Share Class Inception: 2/28/17.
Class F-shares performance prior to 2/28/17 reflects Class I-shares performance and operating expenses, and, prior to 8/31/06 the performance and operating expenses of Class A-shares (excluding sales charges). Performance for Class F-shares prior to its inception date would have differed if Class F- operating expenses had been reflected. Since Inception (SI) performance is calculated from 2/19/02.

The Fund’s Class F shares have not been in operation for 10 years. Therefore, the Calendar Year Returns (F Shares) chart includes performance and operating expenses of another class. For more information, see the prospectus.

Characteristics

FUND ESSENTIALS
Inception Date 03/31/1963
Net Assets $5.1 billion
Total Operating Expenses 0.75%
Morningstar Category Large Growth
Lipper Classification Multi-Cap Growth Funds
CUSIP 41665X644
Fund Number 3132
FUND STATS
# of Holdings
56
% in Equities
99
% in Foreign Equities
2
Beta (3 year)
1.10
R Squared (3 year)
0.92
Standard Deviation
24.03%
Turnover- (12/31/2023)
87%
Active Share
62%
Holdings Characteristics
FUND Russell 3000 Growth Index
As of Date
2/29/2024 ---
Price/Earnings
35.6x 28.2x
Price/Book
10.0x 12.6x
EPS Growth Rate
30.3% 17.7%
Asset Weighted Market Cap (billions)
$762.9 $1132.4
Return on Equity
19.6% 44.2%
Median Market Cap (billions)
$50.1 $2.4
Top Ten Holdings (%)
NVIDIA Corp. 9.96
Amazon.com, Inc. 8.59
Meta Platforms, Inc. 5.86
Eli Lilly & Co. 4.42
Alphabet, Inc. 4.31
Microsoft Corp. 4.26
Broadcom, Inc. 3.03
Salesforce, Inc. 2.89
Tradeweb Markets, Inc. 2.47
ServiceNow, Inc. 2.38
Total Portfolio % 48.17
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 0
$2 billion - $5 billion 0
$5 billion - $10 billion 1
Greater than $10 billion 97
Not Classified 2
RETURN CHARACTERISTICS
Alpha (5 Year)
-3.81
Down Capture (5 Year)
114.90
Information Ratio (5 Year)
-0.48
Sharpe Ratio (5 Year)
0.61
Up Capture (5 Year)
101.05
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

12/31/23 2/29/24 2/29/24 -7 0 7
Communication Services 17 18 11
Consumer Discretionary 14 16 15
Health Care 16 12 11
Financials 6 6 6
Materials 1 1 1
Energy 1 1 1
Real Estate 1 1 1
Utilities 0 0 0
Industrials 5 4 6
Consumer Staples 2 2 4
Information Technology 37 38 43
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 47.33 $0.0000 $0.0000 $0.0000 $0.0000
12/11/2023 45.36 $0.0000 $0.0000 $0.0000 $0.0000
Past distributions are not indicative of future distributions.

Fund Literature


12/31/2023 - PDF (224 KB)
This client flyer summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
12/31/2023 - PDF (168 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 (313 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 (106 KB)
Attribution analysis is a method for evaluating the performance of a portfolio compared to the benchmark.
12/31/2023 - PDF (106 KB)
Attribution analysis is a method for evaluating the performance of a portfolio compared to the benchmark.
PDF (158 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 (633 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. • Mid-cap securities can have greater risks and volatility than large-cap securities. • 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. • 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. • The Fund may have high portfolio turnover, which could increase its transaction costs and an investor's tax liability.
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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 (SIMNA). Schroder Investment Management North America Ltd. (SIMNA Ltd) serves as a secondary sub-adviser to certain funds. HFMC, Lattice, Wellington Management, SIMNA, and SIMNA Ltd. are all SEC registered investment advisers. Hartford Funds refers to HFD, Lattice, and HFMC, 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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