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Global International Equity fund

Hartford International Opportunities Fund    Share Class - R3 (IHORX)


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.


International Diversification

We live globally, buying televisions from Japan, phones from China, wine from Italy, and spending vacations abroad. Growth is increasingly found outside U.S. borders, but our portfolios may not have kept pace. The Hartford International Opportunities Fund can help you diversify beyond the U.S. and take advantage of opportunities anywhere in the international equity universe.

Seeking Companies That Can Stay One Step Ahead

The portfolio managers look to buy reasonably priced shares of companies based on expectations of both improving returns, such as companies with new management teams, and sustainable returns, such as companies that have enduring competitive advantages.

Portfolio Management
Senior Managing Director
Equity Portfolio Manager
15
YRS
MANAGING THIS FUND
27
YRS
AT WELLINGTON MANAGEMENT
35
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Equity Portfolio Manager
12
YRS
MANAGING THIS FUND
14
YRS
AT WELLINGTON MANAGEMENT
28
YRS
EXPERIENCE IN THIS INDUSTRY

The portfolio managers are supported by the full resources of Wellington.

FUND PROCESS VIDEO
Hartford International Opportunity Fund Process Video


Nicolas Choumenkovitch

Managing Director, Equity Portfolio Manager

Nicolas Choumenkovitch video

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 10/31/2022)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 10/31/2022)
YTD 1YR 3YR 5YR 10YR SI
Hartford International Opportunities R3 -26.89 -27.43 -0.29 -0.71 3.67 4.54
Benchmark -24.31 -24.73 -1.68 -0.60 3.27 ---
Morningstar Foreign Large Blend Category -23.93 -24.04 -1.29 -0.51 3.75 ---
 
CUMULATIVE %
(as of 9/30/2022)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 9/30/2022)
YTD 1YR 3YR 5YR 10YR SI
Hartford International Opportunities R3 -28.99 -26.91 -0.29 -0.97 3.45 4.44
Benchmark -26.50 -25.17 -1.52 -0.81 3.01 ---
Morningstar Foreign Large Blend Category -27.41 -25.51 -1.79 -1.12 3.31 ---

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: 07/22/1996

Share Class Inception: 12/22/06.
Class R3-share performance prior to its inception date reflects Class Y-share performance and operating expenses. SI performance is calculated from 7/22/96.

Hartford International Opportunities Fund R3 Share Morningstar Ratings
Morningstar awarded the Fund a
Bronze analyst rating on 3/15/2022

Characteristics

FUND ESSENTIALS
Inception Date 07/22/1996
Net Assets $3.4 billion
Total Operating Expenses 1.40%
Morningstar Category Foreign Large Blend
Lipper Classification International Large-Cap Growth
CUSIP 416649549
Fund Number 1381
FUND STATS
# of Holdings
90
% in Equities
97
% in Foreign Equities
94
Beta (3 year)
1.00
R Squared (3 year)
0.96
Standard Deviation
18.98%
Turnover- (9/30/2022)
95%
Active Share
79%
Holdings Characteristics
FUND MSCI ACWI ex USA Index
Price/Earnings
12.2x 10.9x
Price/Book
1.9x 1.6x
EPS Growth Rate
13.7% 10.7%
Asset Weighted Market Cap (billions)
$84.2 $70.7
Return on Equity
16.2% 16.2%
Median Market Cap (billions)
$33.4 $7.6
Regional Exposure (%)
Developed EU & Middle East ex UK 36
United Kingdom 19
Emerging Markets 16
North America 14
Japan 11
Developed Asia Pacific ex Japan 3
Developed EU & Middle East ex UK 35
United Kingdom 19
Emerging Markets 18
North America 14
Japan 11
Developed Asia Pacific ex Japan 4
Top Ten Holdings (%)
Novartis AG 3.13
AstraZeneca plc 2.82
Roche Holding AG 2.54
Canadian Pacific Railway Ltd. 2.53
BAE Systems plc 2.45
Iberdrola S.A. 2.35
Unilever plc 2.31
Deutsche Telekom AG 2.24
AXA S.A. 2.20
Linde plc 2.19
Total Portfolio % 24.76
Novartis AG 3.05
Roche Holding AG 2.57
BAE Systems plc 2.38
Canadian Pacific Railway Ltd. 2.34
Unilever plc 2.31
AstraZeneca plc 2.23
Iberdrola S.A. 2.23
Diageo plc 2.16
Deutsche Telekom AG 2.09
Siemens AG 1.98
Total Portfolio % 23.34
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 0
$2 billion - $5 billion 0
$5 billion - $10 billion 6
Greater than $10 billion 93
Not Classified 1
RETURN CHARACTERISTICS
Alpha (5 Year)
0.67
Down Capture (5 Year)
101.04
Information Ratio (5 Year)
0.12
Sharpe Ratio (5 Year)
0.01
Up Capture (5 Year)
103.44
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

9/30/22 10/31/22 10/31/22 -4 0 4
Health Care 12 14 10
Industrials 14 15 12
Energy 7 9 7
Materials 9 9 8
Utilities 4 4 3
Consumer Staples 9 9 9
Real Estate 3 2 2
Consumer Discretionary 13 10 11
Information Technology 8 8 11
Communication Services 3 3 6
Financials 16 17 21
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
12/30/2021 19.46 $0.1732 $0.0000 $0.0000 $0.1732
12/13/2021 19.52 $0.0000 $0.0000 $1.7520 $1.7520
Past distributions are not indicative of future distributions.

Fund Literature


09/30/2022 - PDF (206 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
09/30/2022 - PDF (256 KB)
This Fund Story outlines three distinguishing characteristics to help investors better understand the Fund.
09/30/2022 - PDF (130 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
09/30/2022 - PDF (397 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 (144 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
09/30/2022 - PDF (613 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. • 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. • Mid-cap securities can have greater risks and volatility than large-cap securities. • Integration of environmental, social, and/or governance (ESG) characteristics into the investment process may not work as intended. • The Fund may have high portfolio turnover, which could increase its transaction costs and an investor's tax liability. • To the extent the Fund focuses on one or more sectors, geographic regions or countries, the Fund may be subject to increased volatility and risk of loss if adverse developments occur.
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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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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