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Taxable Bond fund

Hartford High Yield Fund   

Taxable Bond fund

Hartford High Yield Fund   
Share Class - I (HAHIX)

Effective 3/31/26, the Fund modified its investment strategy and changed the portfolio manager. Returns prior to 3/31/26 reflect the performance of the Fund’s prior investment strategy. Pending the Fund’s Board of Directors approval, Management anticipates converting the Fund into an ETF in the 2026 fourth quarter. Please see the prospectus supplement for additional information.

High Conviction

 

Uses fundamental research to construct a high-yield portfolio of core, higher-quality bonds and opportunistic, lower-quality ideas with upside potential

Total Return Focused

 

Targets total returns by emphasizing credit selection and seeks to capitalize on mispriced default risk opportunities in lower quality high yield

Sub-advised by Wellington

 

Wellington prioritizes independent thought and collaboration across all major asset classes

Objective: Seeks to provide high current income and long-term total return.

Portfolio Management
Managing Director
Fixed-Income Portfolio Manager & Credit Analyst
0
YRS
MANAGING THIS FUND
12
YRS
AT WELLINGTON MANAGEMENT
29
YRS
EXPERIENCE IN THIS INDUSTRY

The portfolio manager is supported by the full resources of Wellington.

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 2/28/2026)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 2/28/2026)
YTD 1YR 3YR 5YR 10YR SI
Hartford High Yield I 0.58 7.86 8.92 4.09 6.00 5.53
Benchmark 0.69 7.18 9.42 4.51 6.71 ---
Morningstar High Yield Bond Category 0.66 6.79 8.65 4.18 5.78 ---
 
CUMULATIVE %
(as of 12/31/2025)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 12/31/2025)
YTD 1YR 3YR 5YR 10YR SI
Hartford High Yield I 9.25 9.25 9.48 4.06 5.90 5.54
Benchmark 8.62 8.62 10.06 4.51 6.53 ---
Morningstar High Yield Bond Category 8.01 8.01 9.25 4.22 5.56 ---

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: 09/30/1998

Share Class Inception: 5/31/07.
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 9/30/98.

Characteristics

FUND ESSENTIALS (as of 2/28/2026)
Inception Date 09/30/1998
Net Assets $471 million
Gross Operating Expenses 0.70%
Net Operating Expenses 0.69%
Morningstar Category High Yield Bond
Lipper Classification High Yield Funds
CUSIP 41664L625
Fund Number 1602
FUND STATS (as of 2/28/2026)
Dividend Frequency
Monthly
# of Holdings
350
Holdings Characteristics (as of 2/28/2026)
Yield to Worst (%)
6.47%
Effective Duration
2.72 yrs
Credit Exposure (%) (as of 2/28/2026)
Aaa/AAA 0
Aa/AA 0
A 0
Baa/BBB 2
Ba/BB 40
B 38
Caa/CCC or lower 14
Not Rated 3
Cash & Cash Offsets 2
Credit exposure is the credit ratings for the underlying securities of the Fund as provided by S&P, Moody's, or Fitch and typically range from AAA/Aaa (highest) to C/D (lowest). If S&P, Moody's, and Fitch assign different ratings, the median rating is used. If only two agencies assign ratings, the lower rating is used. If only one agency has rated the security, that rating will be used. Securities that are not rated by any of the three agencies are listed as "Not Rated." Ratings do not apply to the Fund itself or to Fund shares. Ratings may change.
Top Ten Issuers (%) (as of 2/28/2026)
CCO Holdings LLC/CCO Holdings Capital Corp. 2.12
EchoStar Corp. 1.30
CHS/Community Health Systems, Inc. 1.28
TransDigm, Inc. 1.23
NCL Corp. Ltd. 1.22
HUB International Ltd. 1.12
Industrial F&B Investments III, Inc. 1.03
Acrisure LLC/Acrisure Finance, Inc. 1.02
Allied Universal Holdco LLC 1.02
Olympus Water U.S. Holding Corp. 1.00
Total Portfolio % 12.34
Yields (%) (as of 2/28/2026)
Distribution Yield at NAV
5.92
Trailing 12 Month Yield
6.13
30-Day SEC Yield
5.51
Unsubsidized 30-Day SEC Yield
5.51
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

12/31/25 2/28/26 2/28/26 -4 0 4
Financial Institutions 16 16 12
Technology 9 10 8
Communications 16 15 14
Cash, Cash Equivalents and Cash Offsets 1 2 1
Consumer Non-Cyclical 11 11 11
Other 1 1 1
Consumer Cyclical 19 18 19
Energy 10 10 11
Capital Goods 10 9 10
Basic Industry 5 5 6
Utilities 2 2 3
Transportation 1 1 2
distributions and capital gains
Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
2/27/2026 7.11 $0.0351 $0.0000 $0.0000 $0.0351
1/30/2026 7.14 $0.0362 $0.0000 $0.0000 $0.0362
12/31/2025 7.14 $0.0359 $0.0000 $0.0000 $0.0359
12/29/2025 7.13 $0.0000 $0.0000 $0.0000 $0.0000
12/17/2025 7.10 $0.0000 $0.0000 $0.0000 $0.0000
11/28/2025 7.13 $0.0360 $0.0000 $0.0000 $0.0360
10/31/2025 7.12 $0.0378 $0.0000 $0.0000 $0.0378
9/30/2025 7.14 $0.0368 $0.0000 $0.0000 $0.0368
8/29/2025 7.12 $0.0367 $0.0000 $0.0000 $0.0367
7/31/2025 7.07 $0.0368 $0.0000 $0.0000 $0.0368
6/30/2025 7.07 $0.0362 $0.0000 $0.0000 $0.0362
5/30/2025 6.95 $0.0364 $0.0000 $0.0000 $0.0364
4/30/2025 6.85 $0.0362 $0.0000 $0.0000 $0.0362
3/31/2025 6.87 $0.0354 $0.0000 $0.0000 $0.0354
Past distributions are not indicative of future distributions.

Resources

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. • Investments in high-yield ("junk") bonds are considered speculative, involve heightened credit risk and greater risk of price volatility, illiquidity, and default than investment grade bonds. • Fixed income security risks include credit, liquidity, call, duration, event and interest-rate risk. As interest rates rise, bond prices generally fall. • 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. • Restricted securities may be more difficult to sell and price than other securities. • The Fund's investments may fluctuate in value over a short period of time. • 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, valuation, and counterparty risk. • Loans can be difficult to value and less liquid than other types of debt instruments; they are also subject to nonpayment, collateral, bankruptcy, default, extension, prepayment and insolvency risks. • Convertible securities are subject to the risks of both equity and fixed income investments. • When the Fund holds cash or is otherwise not fully invested, it is subject to the risk that it will not participate in market advances to the same extent as it would if it were fully invested.

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.

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