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.
The portfolio managers are supported by the full resources of Wellington.
Performance
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 R5-share performance prior to its inception date reflects Class Y-share performance and operating expenses. SI performance is calculated from 7/22/96.
Characteristics
# of Holdings | 83 |
---|---|
% in Equities | 97 |
% in Foreign Equities | 92 |
Beta (3 year) | 0.98 |
R Squared (3 year) | 0.97 |
Standard Deviation | 17.67% |
Turnover- (6/30/2023) | 63% |
Active Share | 80% |
FUND | MSCI ACWI ex USA Index | |
---|---|---|
Price/Earnings | 12.2x | 11.9x |
Price/Book | 2.3x | 1.6x |
EPS Growth Rate | 10.9% | 10.8% |
Asset Weighted Market Cap (billions) | $111.9 | $89.1 |
Return on Equity | 15.4% | 15.9% |
Median Market Cap (billions) | $47.1 | $8.7 |
Less than $2 billion | 0 | |
$2 billion - $5 billion | 1 | |
$5 billion - $10 billion | 5 | |
Greater than $10 billion | 92 | |
Not Classified | 3 |
Alpha (5 Year)
|
0.40 |
Down Capture (5 Year)
|
103.18 |
Information Ratio (5 Year)
|
0.08 |
Sharpe Ratio (5 Year)
|
0.19 |
Up Capture (5 Year)
|
104.18 |
FUND |
BENCHMARK | UNDERWEIGHT / OVERWEIGHT | |||||
---|---|---|---|---|---|---|---|
6/30/23 | 8/31/23 | 8/31/23 | -2 0 2 | ||||
Industrials | 15 | 14 | 13 | ||||
Information Technology | 12 | 13 | 12 | ||||
Energy | 6 | 7 | 6 | ||||
Health Care | 12 | 10 | 10 | ||||
Consumer Staples | 10 | 9 | 9 | ||||
Utilities | 4 | 3 | 3 | ||||
Consumer Discretionary | 11 | 11 | 12 | ||||
Real Estate | 1 | 1 | 2 | ||||
Financials | 18 | 19 | 21 | ||||
Materials | 6 | 6 | 8 | ||||
Communication Services | 3 | 3 | 5 |
Insights
Fund Literature