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Multi-Strategy fund

Hartford AARP Balanced Retirement Fund    Share Class - I (HAFIX)


Effective 7/10/19, the Fund changed its objective, principal investment strategy, and benchmark. Returns prior to 7/10/19 reflect the Fund's performance when it pursued a different objective and principal investment strategy. Effective 5/31/19, Classes A, C, I, R3, and R4 closed to new investors. Please see the Fund's prospectus for additional information.

Objective

Seeks long-term total return while seeking to mitigate downside risk.

Overview

A strategy designed to support spending needs and purchasing power for investors nearing or in retirement by providing total real return, while also seeking to mitigate the risk of loss in declining markets

Portfolio Management
Senior Managing Director
Portfolio Manager
2
YRS
MANAGING THIS FUND
7
YRS
AT WELLINGTON MANAGEMENT
26
YRS
EXPERIENCE IN THIS INDUSTRY
Managing Director
Portfolio Manager
0
YRS
MANAGING THIS FUND
6
YRS
AT WELLINGTON MANAGEMENT
18
YRS
EXPERIENCE IN THIS INDUSTRY

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

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 6/30/2021)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2021)
YTD 1YR 3YR 5YR 10YR SI
Hartford AARP Balanced Retirement I 4.89 13.62 6.44 6.91 --- 4.59
Benchmark 2.42 10.48 8.41 6.63 --- ---
Morningstar Allocation--30% to 50% Equity Category 5.91 18.59 8.56 7.44 --- ---
 
CUMULATIVE %
(as of 6/30/2021)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2021)
YTD 1YR 3YR 5YR 10YR SI
Hartford AARP Balanced Retirement I 4.89 13.62 6.44 6.91 --- 4.59
Benchmark 2.42 10.48 8.41 6.63 --- ---
Morningstar Allocation--30% to 50% Equity Category 5.91 18.59 8.56 7.44 --- ---

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: 04/30/2014

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

Characteristics

FUND ESSENTIALS
Inception Date 04/30/2014
Net Assets $105 million
Gross Operating Expenses 0.81%
Net Operating Expenses 0.70%
Morningstar Category Allocation--30% to 50% Equity
Lipper Classification Mixed-Asset Target Alloc Consv Funds
CUSIP 41664R424
Fund Number 1906
FUND STATS
Net Assets
$105 million
Dividend Frequency
Monthly
Yields (%) (as of 6/30/21)
30-Day SEC Yield
1.84
Unsubsidized 30-Day SEC Yield
1.83
Strategy Weights (%)
Global Dividend Growth 26
World Bond 11
Natural Resource Equities 8
Multifactor Emerging Markets 5
Multifactor Developed Markets ex US 5
Multifactor US Equity 3
Real Estate 2
Cash and Cash Equivalents 1
Enduring Assets 0
Core Bond 0
High Yield 0
Opportunistic Fixed Income 0
Opportunistic Inflation Sensitive Bond 0
Top Ten Equity Holdings (%)
Hartford Multifactor Emerging Markets ETF 5.06
Hartford Multifactor Developed Markets (ex-US) ETF 4.96
Hartford Multifactor US Equity ETF 3.08
BHP Group plc 0.91
Rio Tinto plc 0.76
UnitedHealth Group, Inc. 0.76
Microsoft Corp. 0.75
McDonald's Corp. 0.74
Diageo plc 0.72
PNC Financial Services Group, Inc. 0.71
Total Portfolio % 18.45
Hartford Multifactor Emerging Markets ETF 5.06
Hartford Multifactor Developed Markets (ex-US) ETF 5.04
Hartford Multifactor US Equity ETF 3.01
UnitedHealth Group, Inc. 0.83
McDonald's Corp. 0.74
Johnson & Johnson 0.73
Canadian National Railway Co. 0.69
Microsoft Corp. 0.68
PNC Financial Services Group, Inc. 0.67
Total SE 0.66
Total Portfolio % 18.11
Top Ten Fixed Income Issuers (%)
The Hartford World Bond Fund, 10.63
U.S. Treasury Bonds 2.67
FNMA Mortgage Backed Securities (POOLS) 1.97
GNMA Mortgage Backed Securities (POOLS) 1.96
Madison Park Funding Ltd. 0.98
Octagon Investment Partners Ltd. 0.98
Wells Fargo N.A. 0.87
GS Mortgage-Backed Securities Corp. Trust 0.71
FHLMC Mortgage Backed Securities (POOLS) 0.69
AMMC CLO Ltd. 0.48
Total Portfolio % 21.94
The Hartford World Bond Fund 7.87
U.S. Treasury Bonds 2.78
FNMA Mortgage Backed Securities (POOLS) 1.98
GNMA Mortgage Backed Securities (POOLS) 1.94
Madison Park Funding Ltd. 0.95
Octagon Investment Partners Ltd. 0.95
Wells Fargo N.A. 0.86
FHLMC Mortgage Backed Securities (POOLS) 0.71
GS Mortgage-Backed Securities Corp. Trust 0.68
AMMC CLO Ltd. 0.47
Total Portfolio % 19.19
distributions and capital gains
Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
5/28/2021 9.96 $0.0126 $0.0000 $0.0000 $0.0126
4/30/2021 9.88 $0.0167 $0.0000 $0.0000 $0.0167
3/30/2021 9.67 $0.0175 $0.0000 $0.0000 $0.0175
2/26/2021 9.54 $0.0078 $0.0000 $0.0000 $0.0078
1/29/2021 9.56 $0.0071 $0.0000 $0.0000 $0.0071
12/30/2020 9.57 $0.0623 $0.0000 $0.0000 $0.0623
12/18/2020 9.62 $0.0000 $0.0000 $0.0000 $0.0000
11/27/2020 9.49 $0.0075 $0.0000 $0.0000 $0.0075
10/30/2020 9.02 $0.0136 $0.0000 $0.0000 $0.0136
9/29/2020 9.16 $0.0138 $0.0000 $0.0000 $0.0138
8/31/2020 9.28 $0.0094 $0.0000 $0.0000 $0.0094
7/31/2020 0.00 $0.0271 $0.0000 $0.0000 $0.0271
6/29/2020 0.00 $0.0118 $0.0000 $0.0000 $0.0118
Past distributions are not indicative of future distributions.

Fund Literature


06/30/2021 - PDF (189 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
06/30/2021 - PDF (232 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 (153 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
PDF (154 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
This Pitchbook reviews the Funds investment approach, investment team, investment process, and general portfolio parameters.
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. The Fund may allocate a portion of its assets to specialist portfolio managers, which may not work as intended. • Fixed income security risks include credit, liquidity, call, duration, and interest-rate risk. As interest rates rise, bond prices generally fall. • 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. • Investments in high-yield ("junk") bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities. • 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.• 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, regulatory and counterparty risk. • Mortgage-related and asset-backed securities' risks include credit, interest-rate, prepayment, and extension risk. • Restricted securities may be more difficult to sell and price than other securities.• For dividend-paying stocks, dividends are not guaranteed and may decrease without notice. • Investments in securities of other investment companies includes the risks that apply to such other investment companies' strategies and holdings. • Obligations of U.S. Government agencies are supported by varying degrees of credit but are generally not backed by the full faith and credit of the U.S. Government. • The purchase of securities in the To-Be-Announced (TBA) market can result in higher portfolio turnover and related expenses as well as price and counterparty risk. • The Fund may have high portfolio turnover, which could increase its transaction costs and an investor's tax liability.

BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively "Bloomberg"). BARCLAYS® is a trademark and service mark of Barclays Bank Plc (collectively with its affiliates, "Barclays"), used under license. Bloomberg or Bloomberg's licensors, including Barclays, own all proprietary rights in the Bloomberg Barclays Indices. Neither Bloomberg nor Barclays approves or endorses this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.

The blended returns are calculated by Hartford Funds and include, among other index provider data, end of day index level values licensed from MSCI ("MSCI Data"). For the avoidance of doubt, MSCI is not the benchmark "administrator" for, or a "contributor", "submitter" or "supervised contributor" to, the blended returns, and the MSCI Data is not considered a "contribution" or "submission" in relation to the blended returns, as those terms may be defined in any rules, laws, regulations, legislation or international standards. MSCI Data is provided "AS IS" without warranty or liability and no copying or distribution is permitted. MSCI does not make any representation regarding the advisability of any investment or strategy and does not sponsor, promote, issue, sell or otherwise recommend or endorse any investment or strategy, including any financial products or strategies based on, tracking or otherwise utilizing any MSCI Data, models, analytics or other materials or information.

AARP and the AARP Logo are registered trademarks of AARP used under license by Hartford Funds and a royalty is paid to AARP. All trademarks or service marks are the property of their respective owners. AARP and Hartford Funds are not affiliated.

 

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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, ETF or closed-end interval fund prospectus or summary prospectus, which can be obtained from a financial professional and should be read carefully before investing.

Mutual funds and the closed-end interval fund are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA/SIPC. Exchange-traded products 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. Schroder Investment Management North America Ltd. serves as a secondary sub-adviser to certain funds. Hartford Funds refers to Hartford Funds Management Group, Inc. and its subsidiaries, including HFD, HFMC, and Lattice, 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.

© Copyright 2021 Hartford Funds Management Group, Inc. All Rights Reserved. Not FDIC Insured | No Bank Guarantee | May Lose Value