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Domestic Equity fund

Hartford Small Cap Value Fund   

Domestic Equity fund

Hartford Small Cap Value Fund   
Share Class - R4 (HSMSX)

Objective

Seeks long-term capital appreciation.

Overview

A small-cap value fund that seeks companies with a favorable combination of valuation, capital return, and quality characteristics

Portfolio Management
Senior Managing Director
Equity Portfolio Manager
5
YRS
MANAGING THIS FUND
17
YRS
AT WELLINGTON MANAGEMENT
26
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 Small Cap Value R4 1.28 14.22 1.23 8.73 6.58 7.17
Benchmark -0.85 10.90 -0.53 7.07 6.23 ---
Morningstar Small Value Category 0.53 11.17 2.94 9.15 6.52 ---
 
CUMULATIVE %
(as of 6/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Small Cap Value R4 1.28 14.22 1.23 8.73 6.58 7.17
Benchmark -0.85 10.90 -0.53 7.07 6.23 ---
Morningstar Small Value Category 0.53 11.17 2.94 9.15 6.52 ---

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: 01/01/2005

Share Class Inception: 9/30/11.
Class R4-share performance prior to its inception date reflects Class Y-share performance and operating expenses. SI performance is calculated from 1/1/05.

Characteristics

FUND ESSENTIALS
Inception Date 01/01/2005
Net Assets $124 million
Gross Operating Expenses 1.29%
Net Operating Expenses 1.20%
Morningstar Category Small Value
Lipper Classification Small-Cap Value Funds
CUSIP 41664R200
Fund Number 1051
FUND STATS
# of Holdings
61
% in Foreign Equities
5
Standard Deviation
21.43%
Turnover
52%
Active Share
96%
Holdings Characteristics
FUND Russell 2000 Value Index
Price/Earnings
10.2x 14.7x
Price/Book
1.4x 1.4x
EPS Growth Rate
7.7% 9.4%
Asset Weighted Market Cap (billions)
$2.8 $3.0
Median Market Cap (billions)
$2.0 $0.8
Return on Equity
14.5% 4.5%
Top Ten Holdings (%)
Bread Financial Holdings, Inc. 2.23
Cadence Bank 2.17
Silicon Motion Technology Corp. 2.14
REV Group, Inc. 2.13
Radian Group, Inc. 2.06
Kontoor Brands, Inc. 2.02
Kaiser Aluminum Corp. 2.01
Select Water Solutions, Inc. 1.96
Steven Madden Ltd. 1.95
InterDigital, Inc. 1.88
Total Portfolio % 20.55
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 43
$2 billion - $5 billion 41
$5 billion - $10 billion 14
Greater than $10 billion 0
Not Classified 2
RETURN CHARACTERISTICS
Alpha (5 Year)
2.01
Down Capture (5 Year)
97.91
Information Ratio (5 Year)
0.46
Sharpe Ratio (5 Year)
0.45
Up Capture (5 Year)
103.32
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

3/31/24 5/31/24 5/31/24 -6 0 6
Consumer Discretionary 17 17 11
Financials 31 30 26
Information Technology 10 10 6
Health Care 8 10 9
Consumer Staples 3 3 2
Communication Services 1 2 2
Materials 4 4 5
Utilities 3 3 4
Industrials 12 12 15
Energy 5 4 10
Real Estate 4 4 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
12/27/2023 12.65 $0.1581 $0.0000 $0.0000 $0.1581
12/11/2023 11.82 $0.0000 $0.2146 $0.0000 $0.2146
Past distributions are not indicative of future distributions.

Fund Literature


03/31/2024 - PDF (205 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 (135 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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Attribution analysis is a method for evaluating the performance of a portfolio compared to the benchmark.
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03/31/2024 - PDF (172 KB)
Attribution analysis is a method for evaluating the performance of a portfolio compared to the benchmark.
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PDF (160 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 (619 KB)
This Pitchbook reviews the Fund's investment approach, investment team, investment process, and general portfolio parameters.
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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.
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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.
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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.
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PDF (13 KB)
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. • Small-cap securities can have greater risks, including liquidity risk, and volatility than large-cap securities. • Different investment styles may go in and out of favor, which may cause the Fund to underperform the broader stock market. • 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. • 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.
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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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