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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

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

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

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 3/31/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 3/31/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford MidCap R4 7.89 16.22 -0.94 7.01 8.78 11.47
Benchmark 9.95 23.33 6.96 11.71 9.99 ---
Morningstar Mid-Cap Growth Category 9.42 23.04 1.14 10.63 10.12 ---
 
CUMULATIVE %
(as of 3/31/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 3/31/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford MidCap R4 7.89 16.22 -0.94 7.01 8.78 11.47
Benchmark 9.95 23.33 6.96 11.71 9.99 ---
Morningstar Mid-Cap Growth Category 9.42 23.04 1.14 10.63 10.12 ---

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 Medalist RatingTM
1/18/2024

Characteristics

FUND ESSENTIALS
Inception Date 12/31/1997
Net Assets $6.5 billion
Total Operating Expenses 1.16%
Morningstar Category Mid-Cap Growth
Lipper Classification Mid-Cap Growth Funds
CUSIP 41664M854
Fund Number 1439
FUND STATS
# of Holdings
95
% in Equities
100
% in Foreign Equities
5
Beta (3 year)
0.97
R Squared (3 year)
0.95
Standard Deviation
20.02%
Turnover
35%
Active Share
89%
Holdings Characteristics
FUND S&P MidCap 400 Index
Price/Earnings
24.8x 14.2x
Price/Book
6.2x 2.6x
EPS Growth Rate
17.2% 10.6%
Asset Weighted Market Cap (billions)
$19.3 $9.4
Return on Equity
22.7% 21.0%
Median Market Cap (billions)
$14.5 $6.8
Top Ten Holdings (%)
Datadog, Inc. 2.42
DraftKings, Inc. 2.33
HubSpot, Inc. 2.33
NVR, Inc. 2.29
WEX, Inc. 2.22
Veeva Systems, Inc. 2.05
Shockwave Medical, Inc. 1.99
Fair Isaac Corp. 1.98
CyberArk Software Ltd. 1.94
Targa Resources Corp. 1.94
Total Portfolio % 21.49
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 0
$2 billion - $5 billion 4
$5 billion - $10 billion 17
Greater than $10 billion 79
Not Classified 0
RETURN CHARACTERISTICS
Alpha (5 Year)
-3.55
Down Capture (5 Year)
94.74
Information Ratio (5 Year)
-0.79
Sharpe Ratio (5 Year)
0.33
Up Capture (5 Year)
84.91
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

12/31/23 3/31/24 3/31/24 -15 0 15
Information Technology 22 24 9
Health Care 21 21 8
Communication Services 2 1 1
Energy 4 4 5
Utilities 1 2 3
Consumer Discretionary 12 14 16
Consumer Staples 1 2 5
Industrials 20 18 22
Financials 12 12 16
Real Estate 1 1 7
Materials 2 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
12/27/2023 32.12 $0.0000 $0.0000 $0.0000 $0.0000
12/11/2023 30.13 $0.0000 $0.0000 $0.5913 $0.5913
Past distributions are not indicative of future distributions.

Fund Literature


03/31/2024 - PDF (176 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
03/31/2024 - PDF (141 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the fund.
12/31/2023 - PDF (287 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
12/31/2023 - PDF (171 KB)
Attribution analysis is a method for evaluating the performance of a portfolio compared to the benchmark.
12/31/2023 - PDF (171 KB)
Attribution analysis is a method for evaluating the performance of a portfolio compared to the benchmark.
PDF (156 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
03/31/2024 - PDF (662 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. • 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.
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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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