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Global International Equity fund

Hartford International Opportunities HLS Fund   

Global International Equity fund

Hartford International Opportunities HLS Fund   
Share Class - HLS IB (HBIOX)

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.

Objective

Seeks long-term growth of capital.

Overview

An international stock fund that seeks long-term growth of capital by looking for companies with improving or sustainable returns.

Portfolio Management
Senior Managing Director
Equity Portfolio Manager
14
YRS
MANAGING THIS FUND
16
YRS
AT WELLINGTON MANAGEMENT
30
YRS
EXPERIENCE IN THIS INDUSTRY

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

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 10/31/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 10/31/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford International Opportunities HLS IB 9.79 23.00 -0.26 6.45 5.18 5.77
Benchmark 8.61 24.33 1.60 5.78 4.79 ---
Morningstar Foreign Large Blend Category 7.66 22.46 1.64 6.00 4.98 ---
 
CUMULATIVE %
(as of 9/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 9/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford International Opportunities HLS IB 14.44 25.84 2.40 7.99 5.62 5.91
Benchmark 14.21 25.35 4.14 7.59 5.22 ---
Morningstar Foreign Large Blend Category 13.08 24.17 4.29 7.73 5.42 ---

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: 07/02/1990

Share Class Inception: 4/1/98.
Class IB-share performance prior to its inception date reflects Class IA-share performance adjusted to reflect the fees and expenses of Class IB-shares. SI performance is calculated from 7/2/90.

Characteristics

FUND ESSENTIALS
Inception Date 07/02/1990
Net Assets $898 million
Total Operating Expenses 1.01%
Morningstar Category Foreign Large Blend
Lipper Classification International Large-Cap Growth
CUSIP 416528891
Fund Number 2048
FUND STATS
# of Holdings
80
% in Equities
98
% in Foreign Equities
96
Beta (3 year)
0.99
R Squared (3 year)
0.97
Standard Deviation
17.08%
Turnover
54%
Active Share
78%
Holdings Characteristics
FUND MSCI ACWI ex USA Index
Price/Earnings
13.8x 12.7x
Price/Book
2.5x 1.9x
EPS Growth Rate
14.6% 13.0%
Asset Weighted Market Cap (billions)
$144.3 $113.2
Return on Equity
16.8% 16.2%
Median Market Cap (billions)
$56.8 $11.1
Top Holdings (%)
Taiwan Semiconductor Manufacturing Co. Ltd. 3.63
Tencent Holdings Ltd. 2.85
Unilever PLC 2.30
Allianz SE 2.15
AstraZeneca PLC 2.08
Shell PLC 2.06
ASML Holding NV 2.06
London Stock Exchange Group PLC 2.00
SAP SE 1.95
Mitsubishi UFJ Financial Group, Inc. 1.87
Total Portfolio % 22.95
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 0
$2 billion - $5 billion 1
$5 billion - $10 billion 5
Greater than $10 billion 95
Not Classified 0
Regional Exposure (%)
Developed EU & Middle East ex UK 35
Emerging Markets 17
Japan 16
United Kingdom 16
North America 13
Developed Asia Pacific ex Japan 3
Developed EU & Middle East ex UK 35
Emerging Markets 18
United Kingdom 18
Japan 14
North America 13
Developed Asia Pacific ex Japan 2
Sector Characteristics (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

6/30/24 9/30/24 9/30/24 -4 0 4
Information Technology 20 16 13
Communication Services 5 8 6
Industrials 15 15 14
Energy 7 6 5
Health Care 9 9 9
Utilities 3 3 3
Financials 20 22 23
Consumer Discretionary 9 10 11
Real Estate 1 1 2
Consumer Staples 5 5 7
Materials 5 3 7
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
8/23/2024 17.26 $0.2080 $0.0000 $0.0000 $0.2080
Past distributions are not indicative of future distributions.

Fund Literature


09/30/2024 - PDF (222 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
09/30/2024 - PDF (367 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 (106 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 (516 KB)
This Pitchbook reviews the Fund's investment approach, investment team, investment process, portfolio statistics, top holdings, and current performance.
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. • 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 or if the Fund focuses in a particular geographic region or country. • Mid-cap securities can have greater risks and volatility than large-cap securities. • 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. • Financially material environmental, social and/or governance (ESG) characteristics are one of several factors that may be considered and as a result, the investment process may not work as intended. The Fund may perform differently from funds that do not integrate ESG into their analysis.

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. HFMC and Wellington Management are SEC registered investment advisers. Hartford Funds refers to HFD and HFMC, which are not affiliated with any sub-adviser.

Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any of such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI's express written consent.
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