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Domestic Equity fund

Hartford MidCap Fund    Share Class - R4 (HFMSX)


Objective

Seeks long-term growth of capital.

Overview

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


Style Purity

The Fund strives for style purity, with a majority of the Fund invested in mid-cap companies with a market capitalization between $2 billion and $10 billion.

“Blue-Chip” Mid-Cap Companies

The Fund focuses on blue-chip mid-cap companies that the Fund’s management believes are strong industry leaders with strong balance sheets and/or superior management teams.

The Equity Sweet Spot

Based on the market-cap life cycle, mid-cap companies may offer investors the potential for more growth than large-cap companies and less volatility than small-cap companies.

Portfolio Management
Senior Managing Director
Equity Portfolio Manager
12
YRS
MANAGING THIS FUND
18
YRS
AT WELLINGTON MANAGEMENT
29
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Equity Portfolio Manager
12
YRS
MANAGING THIS FUND
18
YRS
AT WELLINGTON MANAGEMENT
23
YRS
EXPERIENCE IN THIS INDUSTRY

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

FUND PROCESS VIDEO
Hartford MidCap Fund Process Video


Philip Ruedi, CFA

Managing Director, Equity Portfolio Manager

Philip Ruedi video

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 4/30/2022)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 4/30/2022)
YTD 1YR 3YR 5YR 10YR SI
Hartford MidCap R4 -19.28 -18.85 5.38 9.22 11.52 11.76
Benchmark -11.64 -7.03 9.91 9.29 11.40 ---
Morningstar Mid-Cap Growth Category -22.13 -18.49 9.51 11.81 11.45 ---
 
CUMULATIVE %
(as of 3/31/2022)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 3/31/2022)
YTD 1YR 3YR 5YR 10YR SI
Hartford MidCap R4 -10.45 -6.68 10.44 11.81 12.61 12.28
Benchmark -4.88 4.59 14.14 11.10 12.20 ---
Morningstar Mid-Cap Growth Category -12.35 -4.00 15.34 14.79 12.63 ---

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: 12/31/1997

Share Class Inception: 5/29/09.
ClassR4-share performance prior to its inception date reflects Class Y-share performance and operating expenses. SI performance is calculated from 12/31/97.

Hartford MidCap Fund R4 Share Morningstar Ratings
Morningstar awarded the Fund a
Bronze analyst rating on 1/28/2022

Characteristics

FUND ESSENTIALS
Inception Date 12/31/1997
Net Assets $9.1 billion
Total Operating Expenses 1.15%
Morningstar Category Mid-Cap Growth
Lipper Classification Small-Cap Growth Funds
CUSIP 41664M854
Fund Number 1439
FUND STATS
# of Holdings
102
% in Equities
100
% in Foreign Equities
3
Beta (3 year)
0.94
R Squared (3 year)
0.93
Standard Deviation
21.98%
Turnover- (3/31/2022)
30%
Active Share
87%
Holdings Characteristics
FUND S&P MidCap 400 Index
Price/Earnings
16.6x 12.3x
Price/Book
3.0x 2.3x
EPS Growth Rate
15.2% 16.9%
Asset Weighted Market Cap (billions)
$9.9 $6.9
Return on Equity
12.6% 16.6%
Median Market Cap (billions)
$8.0 $5.2
Top Ten Holdings (%)
WEX, Inc. 2.29
Jazz Pharmaceuticals plc 2.10
II-VI, Inc. 2.07
Genpact Ltd. 2.01
Credit Acceptance Corp. 1.95
NVR, Inc. 1.88
Markel Corp. 1.83
Ingersoll Rand, Inc. 1.80
F5, Inc. 1.79
Lumentum Holdings, Inc. 1.78
Total Portfolio % 19.50
II-VI, Inc. 2.45
WEX, Inc. 2.42
F5, Inc. 2.16
Genpact Ltd. 2.10
Jazz Pharmaceuticals plc 2.01
Lumentum Holdings, Inc. 1.92
Credit Acceptance Corp. 1.91
Ingersoll Rand, Inc. 1.86
Markel Corp. 1.83
Flex Ltd. 1.76
Total Portfolio % 20.42
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 3
$2 billion - $5 billion 16
$5 billion - $10 billion 42
Greater than $10 billion 39
Not Classified 0
RETURN CHARACTERISTICS
Alpha (5 Year)
0.61
Down Capture (5 Year)
87.60
Information Ratio (5 Year)
0.05
Sharpe Ratio (5 Year)
0.51
Up Capture (5 Year)
91.70
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

3/31/22 4/30/22 4/30/22 -9 0 9
Information Technology 25 23 14
Health Care 18 18 9
Communication Services 3 3 2
Industrials 17 18 18
Utilities 3 3 3
Financials 13 13 14
Energy 2 2 4
Materials 5 5 8
Consumer Staples 1 1 4
Consumer Discretionary 10 10 14
Real Estate 3 3 10
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 40.42 $0.0913 $0.0000 $0.0000 $0.0913
12/13/2021 39.47 $0.0000 $0.0000 $4.1595 $4.1595
Past distributions are not indicative of future distributions.

Fund Literature


03/31/2022 - PDF (212 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
03/31/2022 - PDF (229 KB)
This Fund Story outlines three distinguishing characteristics to help investors better understand the Fund.
Morningstars take on Hartford MidCap Fund.
03/31/2022 - PDF (173 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the fund.
03/31/2022 - PDF (521 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 (142 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
03/31/2022 - PDF (439 KB)
This Pitchbook reviews the Funds' 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. • 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. • 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.
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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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