Hartford Small Company HLS Fund

29.55NAV (as of 1/22/2021)
+0.27 (+0.92%) NAV Change
Small GrowthMorningstar Category
Small-Cap Growth FundsLipper Classification

Summary Prospectus

Hartford Small Company HLS Fund closed to new investors on June 26, 2015. Please see the Fund's prospectus for additional information.

Objective

Seeks growth of capital.

Overview

A fund that combines complementary and distinct investment styles in search of small-cap growth stocks.

More About Small Company HLS Fund

Performance (%)
	YTD	1YR	3YR	5YR	10YR	SI
	% (as of 12/31/2020)	Average Annual Total Returns % (as of 12/31/2020)
Hartford Small Company HLS IA	55.52	55.52	26.83	21.35	15.35	11.20
Benchmark	34.63	34.63	16.20	16.36	13.48	---
Morningstar Small Growth Category	38.62	38.62	18.76	17.75	13.69	---

Performance (%)
	YTD	1YR	3YR	5YR	10YR	SI
	% (as of 12/31/2020)	Average Annual Total Returns % (as of 12/31/2020)
Hartford Small Company HLS IA	55.52	55.52	26.83	21.35	15.35	11.20
Benchmark	34.63	34.63	16.20	16.36	13.48	---
Morningstar Small Growth Category	38.62	38.62	18.76	17.75	13.69	---

SI = Since Inception. Fund Inception: 08/09/1996

Operating Expenses: Net 0.79% | Gross 0.79%

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.

IA-Share Morningstar Ratings
(as of 12/31/2020)

Overall

:
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 576, 576, 505 and 381 products, respectively. Morningstar Rating^TM 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.
©2021 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.
:
576 Products | Small Growth Category

Based on Risk-Adjusted Returns

Calendar Year Returns (%)
	Fund	Benchmark	Peergroup
2020	55.52	34.63	---
2019	37.00	28.48	---
2018	-4.23	-9.31	---
2017	26.36	22.17	---
2016	2.04	11.32	---
2015	-8.21	-1.38	---
2014	7.07	5.60	---
2013	44.38	43.30	---
2012	15.64	14.59	---
2011	-3.36	-2.91	---

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

CharacteristicsAllocations, exposures and holdings are subject to change. Percentages may be rounded.

Characteristics

Allocations, exposures and holdings are subject to change. Percentages may be rounded.

Statistics
As of Date	12/31/2020
Net Assets	$609 million
# of Holdings	119
% in Equities	98
% in Foreign Equities	4
Standard Deviation	26.33%
Turnover (12/31/2020)	105%
Active Share	85%

Holdings Characteristics
(as of 12/31/2020)
	Fund	Russell 2000 Growth Index
Price/Earnings	62.6x	74.4x
Price/Book	5.4x	6.5x
EPS Growth Rate	26.8%	20.3%
Return on Equity	-1.9%	-2.7%
Asset Weighted Market Cap (billions)	$5.6	$4.1
Median Market Cap (billions)	$4.5	$1.2

Fund Essentials
Inception Date	08/09/1996
Symbol	HIASX
CUSIP	416528800
Fund Number	2011

Top Holdings

12/31/2020
9/30/2020

(as of 12/31/2020)
label	percentageholding
Chegg, Inc.	2.33
II-VI, Inc.	1.96
Rapid7, Inc.	1.75
Penn National Gaming, Inc.	1.62
Curtiss-Wright Corp.	1.57
Tower Semiconductor Ltd.	1.57
Digital Turbine, Inc.	1.49
Floor & Decor Holdings, Inc.	1.49
Five Below, Inc.	1.45
Kodiak Sciences, Inc.	1.40
Total Portfolio %	16.63

(as of 9/30/2020)
label	percentageholding
DraftKings, Inc.	3.47
Chegg, Inc.	1.76
Insulet Corp.	1.74
Five Below, Inc.	1.69
Advanced Drainage Systems, Inc.	1.66
Tandem Diabetes Care, Inc.	1.66
Rexnord Corp.	1.56
Rapid7, Inc.	1.51
ITT, Inc.	1.50
Bandwidth, Inc.	1.49
Total Portfolio %	18.04

PDF Full Portfolio Holdings

Market Cap Distribution(%)
(as of 12/31/2020)
	Fund
Less than $2 billion	15
$2 billion - $5 billion	34
$5 billion - $10 billion	37
Greater than $10 billion	12
Not Classified	2

Sector Characteristics
Sectors	9/30/2020	Fund 12/31/2020	Benchmark 12/31/2020	UNDERWEIGHT / OVERWEIGHT -5 0 5
Information Technology	22	26	21	Overweight 100.0%
Consumer Discretionary	24	18	13	Overweight 100.0%
Financials	6	6	4	Overweight 40.0%
Industrials	17	14	14	Overweight 0.0%
Communication Services	2	2	2	Overweight 0.0%
Energy	0	0	0	Overweight 0.0%
Materials	1	1	2	Overweight 20.0%
Real Estate	2	2	4	Overweight 40.0%
Consumer Staples	1	1	3	Overweight 40.0%
Utilities	0	0	2	Overweight 40.0%
Health Care	26	30	35	Overweight 100.0%

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.

Insights

2021 Outlooks (Wellington)

12/14/2020

Thought leaders from Wellington Management provide their outlook on issues that may influence markets and portfolios going forward.

Coronavirus Update Center

11/16/2020

Collected insights on the impact of coronavirus.

The Cyclical Nature of Active & Passive Investing

02/21/2020

Recent performance has favored passive investing. But a look at the big picture shows how performance moves in cycles and reveals why active management isn't dead.

Literature

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. • Small-cap securities can have greater risks and volatility than large-cap securities. • Different investment styles may go in and out favor, which may cause the Fund to underperform the broader stock market. • 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 and economic developments. • The Fund's focus on investments in particular sectors may increase its volatility and risk of loss if adverse developments occur.

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, which is not affiliated with HFD or HFMC.

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