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Taxable Bond fund

Hartford Short Duration Fund   

MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 522, 522, 482 and 354 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
overall (as of 6/30/2024)
522 PRODUCTS
Short-Term Bond Category
Based on Risk-Adjusted Returns
MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 522, 522, 482 and 354 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
overall (as of 6/30/2024)
522 PRODUCTS
Short-Term Bond Category
Based on Risk-Adjusted Returns

Taxable Bond fund

Hartford Short Duration Fund   
Share Class - A (HSDAX)

Objective

Seeks to provide current income and long-term total return.

Overview

A fund that typically invests in bonds with lower sensitivity to changes in interest rates.

Portfolio Management
Senior Managing Director
Fixed-Income Portfolio Manager
1
YRS
MANAGING THIS FUND
17
YRS
AT WELLINGTON MANAGEMENT
23
YRS
EXPERIENCE IN THIS INDUSTRY

The portfolio manager is supported by the full resources of Wellington.

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 6/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Short Duration A 2.31 6.89 1.09 1.86 1.90 2.48
With 2.0% Max Sales Charge --- 4.75 0.42 1.45 1.69 2.39
Benchmark 1.38 4.87 0.55 1.25 1.35 ---
Morningstar Short-Term Bond Category 1.95 5.96 0.67 1.59 1.64 ---
 
CUMULATIVE %
(as of 6/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Short Duration A 2.31 6.89 1.09 1.86 1.90 2.48
With 2.0% Max Sales Charge --- 4.75 0.42 1.45 1.69 2.39
Benchmark 1.38 4.87 0.55 1.25 1.35 ---
Morningstar Short-Term Bond Category 1.95 5.96 0.67 1.59 1.64 ---

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: 10/31/2002

Hartford Short Duration Fund A Share Morningstar Ratings
overall
(as of 6/30/2024)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 522, 522, 482 and 354 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

522 PRODUCTS
|
Short-Term Bond Category
Based on Risk-Adjusted Returns
3 YEAR
(as of 6/30/2024)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 522, 522, 482 and 354 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

522 PRODUCTS
|
Short-Term Bond Category
Based on Risk-Adjusted Returns
5 YEAR
(as of 6/30/2024)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 522, 522, 482 and 354 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

482 PRODUCTS
|
Short-Term Bond Category
Based on Risk-Adjusted Returns
10 YEAR
(as of 6/30/2024)
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 522, 522, 482 and 354 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

354 PRODUCTS
|
Short-Term Bond Category
Based on Risk-Adjusted Returns
Excludes sales charges. If sales charges and taxes had been included, the value would have been lower.

Characteristics

FUND ESSENTIALS
Inception Date 10/31/2002
Net Assets $1.8 billion
Gross Operating Expenses 0.80%
Net Operating Expenses 0.77%
Max Sales Charge 2.0%
Morningstar Category Short-Term Bond
Lipper Classification Short Investment Grade Debt Funds
CUSIP 416646198
Fund Number 1642
FUND STATS
Dividend Frequency
Monthly
# of Holdings
774
Holdings Characteristics
Yield to Worst (%)
5.76%
Effective Duration
1.92 yrs
Yields (%) (as of 6/30/24)
Distribution Yield at NAV
4.22
30-Day SEC Yield
4.64
Unsubsidized 30-Day SEC Yield
4.56
Credit Exposure (%)
Aaa/AAA 14
Aa/AA 13
A 18
Baa/BBB 36
Ba/BB 8
B 7
Caa/CCC or lower 0
Not Rated 1
Cash & Cash Offsets 2
Credit exposure is the credit ratings for the underlying securities of the Fund as provided by Standard and Poor's (S&P), Moody's Investors Service, or Fitch and typically range from AAA/Aaa (highest) to C/D (lowest). If S&P, Moody's, and Fitch assign different ratings, the median rating is used. If only two agencies assign ratings, the lower rating is used. Securities that are not rated by any of the three agencies are listed as "Not Rated." Ratings do not apply to the Fund itself or to Fund shares. Ratings may change.
Top Ten Issuers (%)
U.S. Treasury Notes 6.01
Federal National Mortgage Association 3.17
Wells Fargo & Co. 1.40
Federal Home Loan Mortgage Corp. 1.28
JP Morgan Chase & Co. 1.21
BPCE SA 1.10
CSMC Trust 1.10
CIFC Funding Ltd. 0.98
BNP Paribas SA 0.91
Morgan Stanley 0.90
Total Portfolio % 18.06
Maturity Schedule (%)
0 to <1 7
1 to <3 30
3 to <5 43
5 to <10 16
10 to <20 5
20 to <30 0
Asset Class Exposure (%)
Investment Grade Credit 51
Bank Loans 16
Mortgage Backed Securities 12
Asset Backed Securities 10
United States Government 6
Commercial Mortgage Backed Securities 2
Cash, Cash Equivalents and Cash Offsets 2
High Yield Credit 1
Developed Government and Related (Non-US $) 0
Emerging Market Debt 0
Other 0
Investment Grade Credit 50
Bank Loans 17
Mortgage Backed Securities 13
Asset Backed Securities 11
United States Government 6
Commercial Mortgage Backed Securities 2
High Yield Credit 2
Cash, Cash Equivalents and Cash Offsets 1
Developed Government and Related (Non-US $) 0
Emerging Market Debt 0
Other 0
distributions and capital gains
Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
6/28/2024 9.59 $0.0337 $0.0000 $0.0000 $0.0337
5/31/2024 9.58 $0.0343 $0.0000 $0.0000 $0.0343
4/30/2024 9.53 $0.0333 $0.0000 $0.0000 $0.0333
3/28/2024 9.58 $0.0333 $0.0000 $0.0000 $0.0333
2/29/2024 9.55 $0.0323 $0.0000 $0.0000 $0.0323
1/31/2024 9.59 $0.0323 $0.0000 $0.0000 $0.0323
12/29/2023 9.57 $0.0318 $0.0000 $0.0000 $0.0318
12/15/2023 9.53 $0.0000 $0.0000 $0.0000 $0.0000
11/30/2023 9.45 $0.0304 $0.0000 $0.0000 $0.0304
10/31/2023 9.32 $0.0293 $0.0000 $0.0000 $0.0293
9/29/2023 9.35 $0.0279 $0.0000 $0.0000 $0.0279
8/31/2023 9.38 $0.0272 $0.0000 $0.0000 $0.0272
7/31/2023 9.37 $0.0264 $0.0000 $0.0000 $0.0264
Past distributions are not indicative of future distributions.

Fund Literature


03/31/2024 - PDF (185 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
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03/31/2024 - PDF (161 KB)
Overview of the Hartford Short Duration Fund
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03/31/2024 - PDF (321 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
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PDF (167 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
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03/31/2024 - PDF (446 KB)
This Pitchbook reviews the Fund's investment approach, investment team, investment process, and general portfolio parameters.
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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.
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A legal document that discloses essential information about a fund, including investment objectives, risks, fees, expenses, fund manager background and other information.
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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.
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A document that supplements the fund's prospectus with additional information about the fund including its operations and risks.
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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, event 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. • The risks associated with mortgage-related and asset-backed securities as well as collateralized loan obligations (CLOs) include credit, interest-rate, prepayment, liquidity, default and extension risk. • Investments in high-yield ("junk") bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities. • 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. • 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. • Restricted securities may be more difficult to sell and price than other securities. • 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.

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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.

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