• Products
  • Insights
  • Practice Management
  • Resources
  • About Us

Domestic Equity fund

Hartford MidCap HLS Fund   

Domestic Equity fund

Hartford MidCap HLS Fund   
Share Class - HLS IA (HIMCX)

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

A mid-cap fund that seeks to invest in “blue-chip” companies that are industry leaders.

Portfolio Management
Senior Managing Director
Equity Portfolio Manager
14
YRS
MANAGING THIS FUND
20
YRS
AT WELLINGTON MANAGEMENT
31
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Equity Portfolio Manager
14
YRS
MANAGING THIS FUND
20
YRS
AT WELLINGTON MANAGEMENT
25
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Equity Portfolio Manager
0
YRS
MANAGING THIS FUND
18
YRS
AT WELLINGTON MANAGEMENT
20
YRS
EXPERIENCE IN THIS INDUSTRY

The portfolio managers are 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 MidCap HLS IA 3.77 24.02 -3.18 5.70 8.18 11.83
Benchmark 12.74 32.99 5.19 11.37 9.86 ---
 
CUMULATIVE %
(as of 9/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 9/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford MidCap HLS IA 5.94 19.21 -1.05 6.24 8.77 11.95
Benchmark 13.54 26.79 7.47 11.78 10.32 ---

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: 07/14/1997

Hartford MidCap HLS Fund IA Share Morningstar Ratings
Morningstar Medalist RatingTM
7/31/2024

Characteristics

FUND ESSENTIALS
Inception Date 07/14/1997
Net Assets $862 million
Total Operating Expenses 0.73%
Morningstar Category Mid-Cap Growth
Lipper Classification Small-Cap Growth Funds
CUSIP 416528701
Fund Number 2013
FUND STATS
# of Holdings
93
% in Equities
99
% in Foreign Equities
3
Beta (3 year)
0.93
R Squared (3 year)
0.90
Standard Deviation
20.18%
Turnover
40%
Active Share
91%
Holdings Characteristics
FUND S&P MidCap 400 Index
Price/Earnings
27.4x 14.8x
Price/Book
6.5x 2.7x
EPS Growth Rate
15.6% 11.6%
Asset Weighted Market Cap (billions)
$22.1 $10.0
Return on Equity
24.6% 20.7%
Median Market Cap (billions)
$15.9 $7.1
Top Holdings (%)
Monolithic Power Systems, Inc. 2.92
Targa Resources Corp. 2.52
CyberArk Software Ltd. 2.34
Datadog, Inc. 2.32
NVR, Inc. 2.28
WEX, Inc. 2.25
DraftKings, Inc. 2.17
Fair Isaac Corp. 2.06
Veeva Systems, Inc. 1.96
Tradeweb Markets, Inc. 1.93
Total Portfolio % 22.75
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 0
$2 billion - $5 billion 2
$5 billion - $10 billion 20
Greater than $10 billion 78
Not Classified 0
RETURN CHARACTERISTICS
Alpha (5 Year)
-4.56
Down Capture (5 Year)
94.62
Information Ratio (5 Year)
-0.88
Sharpe Ratio (5 Year)
0.27
Up Capture (5 Year)
81.60
Sector Characteristics (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

6/30/24 9/30/24 9/30/24 -15 0 15
Information Technology 25 24 9
Health Care 18 17 10
Communication Services 2 3 1
Consumer Discretionary 15 15 14
Utilities 3 3 3
Energy 4 4 5
Consumer Staples 3 2 4
Financials 11 12 17
Industrials 16 17 23
Real Estate 1 1 7
Materials 1 1 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 27.60 $0.0000 $0.1574 $0.5202 $0.6776
12/22/2023 27.30 $0.0000 $0.1282 $0.0000 $0.1282
Past distributions are not indicative of future distributions.

Fund Literature


09/30/2024 - PDF (291 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
09/30/2024 - PDF (277 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 (101 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 (648 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. • 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.

3637164