Hartford High Yield HLS Fund

7.85NAV (as of 9/24/2018)
-0.01 (-0.13%) NAV Change
High Yield BondMorningstar Category
High Yield FundsLipper Classification

Summary Prospectus

Objective

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

Overview

A fund that invests in high-yield bonds, by combining fundamental research, industry allocation, and macroeconomic trends.

Effective 12/31/17, this Fund is closed to certain qualified pension and retirement plans. For more information, please refer to the fund's statutory prospectus.

More About High Yield HLS Fund

Performance (%)
	YTD	1YR	3YR	5YR	10YR	SI
	% (as of 8/31/2018)	Average Annual Total Returns % (as of 8/31/2018)
Hartford High Yield HLS IA	1.35	3.37	6.04	4.98	7.64	6.17
Benchmark	2.00	3.40	7.00	5.63	8.50	---
Morningstar High Yield Bond Category	1.10	2.28	5.23	4.24	6.46	---

Performance (%)
	YTD	1YR	3YR	5YR	10YR	SI
	% (as of 6/30/2018)	Average Annual Total Returns % (as of 6/30/2018)
Hartford High Yield HLS IA	-0.49	2.53	4.58	4.83	7.40	6.13
Benchmark	0.16	2.62	5.53	5.51	8.19	---
Morningstar High Yield Bond Category	-0.44	1.77	3.95	4.17	6.16	---

SI = Since Inception. Fund Inception: 09/30/1998

Operating Expenses: Net 0.78% | Gross 0.78%

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.

IA-Share Morningstar Ratings
(as of 8/31/2018)

Overall

:

Calendar Year Returns (%)
	Fund	Benchmark	Peergroup
2017	7.60	7.50	6.40
2016	14.25	17.13	13.18
2015	-4.30	-4.47	-4.07
2014	2.58	2.45	1.11
2013	6.43	7.44	6.92
2012	14.31	15.81	14.69
2011	4.69	4.98	2.75
2010	16.15	15.12	14.13
2009	50.46	58.21	45.68
2008	-25.23	-26.16	-27.06

Excludes sales charges. If sales charges and taxes had been included, the value would have been lower.

Characteristics Holdings are subject to change. Percentages may be rounded.

Characteristics

Statistics
As of Date	8/31/2018
Net Assets	$278 million
# of Holdings	261
Turnover (6/30/2018)	35%
Dividend Frequency	Annually

Holdings Characteristics
(as of 8/31/2018)
	Fund
Effective Duration	3.58 yrs.
Years To Worst	5.49 yrs.

Sector Distribution

8/31/2018
6/30/2018

(as of 8/31/2018)
label	currentpercentage
Financial Institutions	13%
Cash and Cash Equivalents	4%
Capital Goods	11%
Basic Industry	8%
Consumer Cyclical	14%
Consumer Non-Cyclical	14%
Technology	7%
Transportation	1%
Other Industrial	0%
Government & Government Related	0%
Other High Yield	0%
Other Securities	0%
Utilities	1%
Communications	17%
Energy	9%

(as of 6/30/2018)
label	currentpercentage
Financial Institutions	12%
Cash and Cash Equivalents	3%
Capital Goods	12%
Basic Industry	7%
Consumer Cyclical	15%
Consumer Non-Cyclical	13%
Technology	8%
Transportation	1%
Other Industrial	0%
Government & Government Related	0%
Other High Yield	0%
Other Securities	0%
Utilities	1%
Communications	17%
Energy	10%

Fund Essentials
Inception Date	09/30/1998
Symbol	HIAYX
CUSIP	416528842
Fund Number	2040

Top Ten Issuers

8/31/2018
6/30/2018

(as of 8/31/2018)
label	percentageholding
Bausch Health Cos., Inc.	2.84
Sprint Corp.	2.74
HCA, Inc.	1.97
Navient Corp.	1.77
First Data Corp.	1.61
Post Holdings, Inc.	1.50
CCO Holdings LLC / CCO Holdings Capital Corp.	1.48
United Rentals North America, Inc.	1.47
Altice France S.A.	1.34
Springleaf Finance Corp.	1.31
Total Portfolio %	18.03

(as of 6/30/2018)
label	percentageholding
Sprint Corp.	2.68
Valeant Pharmaceuticals International, Inc.	2.68
Navient Corp.	1.77
First Data Corp.	1.61
CCO Holdings LLC / CCO Holdings Capital Corp.	1.47
Post Holdings, Inc.	1.47
United Rentals North America, Inc.	1.44
HCA, Inc.	1.42
Springleaf Finance Corp.	1.26
1011778 BC ULC / New Red Finance, Inc.	1.25
Total Portfolio %	17.05

Excel Full Portfolio Holdings Excel PDF Full Portfolio Holdings

Credit Exposure (%)

(as of 8/31/2018)
label	value
Aa/AA	-0.0
Baa/BBB	1.7
Ba/BB	28.7
B	50.0
Caa/CCC or lower	14.4
Not Rated	1.5
Cash & Cash Offsets	3.8

Credit exposure is the credit ratings for the underlying securities of the Fund as provided by Standard and Poor's (S&P), Moody's Investors Service, 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. 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.

Insights

Client Conversations: Managing Risk in Your Fixed-Income Portfolio

Wed Sep 05 15:13:00 EDT 2018

Changes in the economy and interest rates can have a big impact on your fixed-income portfolio.

Shelter From the Storm

Wed Jul 18 12:42:00 EDT 2018

A fixed-income forecast for a rising-rate world.

The 5-Minute Forecast 3Q18

Wed Jul 18 11:24:00 EDT 2018

A concise summary of the Hartford Funds Multi-Asset Team’s views on the main challenges facing investors: Growth, Income, Volatility, Inflation, and Taxes.

Literature

Fund Literature Select All
Prospectus 05/01/2018 \| pdf Email Available For Download Only
Semi Annual Report 06/30/2018 \| pdf Email Available For Download Only
Statutory Prospectus 05/01/2018 \| pdf Email Available For Download Only
Annual Report 12/31/2017 \| pdf Email Available For Download Only
SAI 05/01/2018 \| pdf Email Available For Download Only

Fund Literature

Select All

Prospectus

05/01/2018 | pdf

Available For
Download Only

Semi Annual Report

06/30/2018 | pdf

Available For
Download Only

Statutory Prospectus

05/01/2018 | pdf

Available For
Download Only

Annual Report

12/31/2017 | pdf

Available For
Download Only

SAI

05/01/2018 | pdf

Available For
Download Only

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A WORD ABOUT RISK

Investing involves risk, including the possible loss of principal. There is no guarantee a fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Fixed income security risks include credit, liquidity, call, duration, and interest-rate risk. As interest rates rise, bond prices generally fall. • Investments in high-yield (“junk”) bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities. • 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, and counterparty risk. • 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 and economic developments. These risks may be greater for investments in emerging markets. • Privately placed, restricted (Rule 144A) securities may be more difficult to sell and price than other securities.

Hartford HLS Funds are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA. Advisory services are provided by Hartford Funds Management Company, LLC (HFMC). The Funds are sub-advised by Wellington Management Company LLP, which is not affiliated with HFD or HFMC.

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