• Products
  • Insights
  • Practice Management
  • Resources
  • About Us

Domestic Equity fund

Hartford Growth Opportunities Fund   

Domestic Equity fund

Hartford Growth Opportunities Fund   
Share Class - I (HGOIX)

After the close of business on or about September 13, 2024, the Fund’s Class C shares will perform a reverse stock split. The Fund’s Class C reverse stock split will reduce the number of outstanding shares and proportionately increase the net asset value (“NAV”) per share with respect to only Class C shares of the Fund. However, the reverse stock split will not impact a shareholder’s total dollar value of an investment in Class C shares of the Fund. For more information, please see the Fund’s prospectus supplement dated May 15, 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 6/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Growth Opportunities I 27.40 39.80 4.08 15.01 14.70 11.68
Benchmark 19.90 32.22 10.33 18.55 15.75 ---
Morningstar Large Growth Category 17.60 29.15 6.15 15.08 13.40 ---
 
CUMULATIVE %
(as of 6/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Growth Opportunities I 27.40 39.80 4.08 15.01 14.70 11.68
Benchmark 19.90 32.22 10.33 18.55 15.75 ---
Morningstar Large Growth Category 17.60 29.15 6.15 15.08 13.40 ---

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: 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 2/19/02.

Characteristics

FUND ESSENTIALS
Inception Date 03/31/1963
Net Assets $5.1 billion
Total Operating Expenses 0.84%
Morningstar Category Large Growth
Lipper Classification Multi-Cap Growth Funds
CUSIP 416641207
Fund Number 1312
FUND STATS
# of Holdings
56
% in Equities
99
% in Foreign Equities
2
Beta (3 year)
1.11
R Squared (3 year)
0.93
Standard Deviation
24.19%
Turnover
88%
Active Share
56%
Holdings Characteristics
FUND Russell 3000 Growth Index
As of Date
5/31/2024 ---
Price/Earnings
27.7x 24.6x
Price/Book
11.4x 12.4x
EPS Growth Rate
24.9% 18.6%
Asset Weighted Market Cap (billions)
$1059.6 $1295.8
Return on Equity
28.0% 45.0%
Median Market Cap (billions)
$56.7 $2.3
Top Ten Holdings (%)
NVIDIA Corp. 12.03
Amazon.com, Inc. 8.42
Apple, Inc. 5.92
Eli Lilly & Co. 4.73
Alphabet, Inc. 4.71
Microsoft Corp. 4.19
Meta Platforms, Inc. 3.75
Netflix, Inc. 3.51
Broadcom, Inc. 3.04
Tradeweb Markets, Inc. 2.50
Total Portfolio % 52.80
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)
-4.37
Down Capture (5 Year)
117.37
Information Ratio (5 Year)
-0.55
Sharpe Ratio (5 Year)
0.61
Up Capture (5 Year)
101.27
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

3/31/24 5/31/24 5/31/24 -7 0 7
Communication Services 18 19 12
Health Care 13 12 11
Consumer Discretionary 15 14 14
Real Estate 1 1 1
Materials 1 1 1
Energy 1 1 1
Utilities 0 0 0
Industrials 4 5 6
Financials 5 4 6
Consumer Staples 2 1 4
Information Technology 38 40 44
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 46.89 $0.0000 $0.0000 $0.0000 $0.0000
12/11/2023 44.93 $0.0000 $0.0000 $0.0000 $0.0000
Past distributions are not indicative of future distributions.

Fund Literature


03/31/2024 - PDF (249 KB)
This client flyer summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
SUBSCRIBE
ORDER PRINTS
SAVE
03/31/2024 - PDF (135 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
SUBSCRIBE
ORDER PRINTS
SAVE
03/31/2024 - PDF (302 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
SUBSCRIBE
ORDER PRINTS
SAVE
03/31/2024 - PDF (140 KB)
Attribution analysis is a method for evaluating the performance of a portfolio compared to the benchmark.
SAVE
03/31/2024 - PDF (106 KB)
Attribution analysis is a method for evaluating the performance of a portfolio compared to the benchmark.
SAVE
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.
ORDER PRINTS
SAVE
This Pitchbook reviews the Fund's investment approach, investment team, investment process, and general portfolio parameters.
SUBSCRIBE
ORDER PRINTS
SAVE
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.
SAVE
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.
SAVE
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.
SAVE
PDF (13 KB)
A document that supplements the fund's prospectus with additional information about the fund including its operations and risks.
SAVE
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.
3578490

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.

© Copyright 2024 Hartford Funds Management Group, Inc. All Rights Reserved. Not FDIC Insured | No Bank Guarantee | May Lose Value