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Domestic Equity fund

Hartford Small Cap Value Fund    Share Class - I (HSEIX)


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
Managing Director
Equity Portfolio Manager
4
YRS
MANAGING THIS FUND
15
YRS
AT WELLINGTON MANAGEMENT
24
YRS
EXPERIENCE IN THIS INDUSTRY

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

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 10/31/2022)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 10/31/2022)
YTD 1YR 3YR 5YR 10YR SI
Hartford Small Cap Value I -11.32 -8.56 8.58 6.12 9.14 6.83
Benchmark -11.19 -10.73 8.08 5.31 9.37 ---
Morningstar Small Value Category -9.14 -7.29 9.57 5.69 9.30 ---
 
CUMULATIVE %
(as of 9/30/2022)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 9/30/2022)
YTD 1YR 3YR 5YR 10YR SI
Hartford Small Cap Value I -21.55 -17.32 5.29 3.79 7.60 6.13
Benchmark -21.12 -17.69 4.72 2.87 7.94 ---
Morningstar Small Value Category -19.41 -14.77 5.92 3.34 7.84 ---

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: 3/31/15.
Class I-share performance prior to its inception date reflects Class A-share performance (excluding sales charges) and operating expenses. SI performance is calculated from 1/1/05.

The Fund’s Class I shares have not been in operation for 10 years. Therefore, the Calendar Year Returns (I Shares) chart includes performance and operating expenses of another class. For more information, see the prospectus.

Characteristics

FUND ESSENTIALS
Inception Date 01/01/2005
Net Assets $126 million
Total Operating Expenses 0.97%
Morningstar Category Small Value
Lipper Classification Small-Cap Core Funds
CUSIP 41664R176
Fund Number 1707
FUND STATS
# of Holdings
62
% in Foreign Equities
4
Standard Deviation
27.95%
Turnover- (9/30/2022)
64%
Active Share
95%
Holdings Characteristics
FUND Russell 2000 Value Index
Price/Earnings
10.1x 15.2x
Price/Book
1.4x 1.3x
EPS Growth Rate
19.6% 11.6%
Asset Weighted Market Cap (billions)
$2.5 $2.4
Median Market Cap (billions)
$2.0 $0.9
Return on Equity
13.4% 3.7%
Top Ten Holdings (%)
Home BancShares, Inc. 2.31
First Interstate BancSystem, Inc. 2.28
Radian Group, Inc. 2.12
Adeia, Inc. 2.04
Cracker Barrel Old Country Store, Inc. 2.03
Pacific Premier Bancorp, Inc. 2.02
Federal Agricultural Mortgage Corp. 2.00
FNB Corp. 1.95
Adtalem Global Education, Inc. 1.94
Cadence Bank 1.92
Total Portfolio % 20.61
Home BancShares, Inc. 2.27
First Interstate BancSystem, Inc. 2.24
Radian Group, Inc. 2.18
Rambus, Inc. 2.16
NextGen Healthcare, Inc. 2.08
Bank OZK 2.03
Science Applications International Corp. 1.98
Cadence Bank 1.96
Monro, Inc. 1.95
Mativ Holdings, Inc. 1.94
Total Portfolio % 20.79
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 44
$2 billion - $5 billion 41
$5 billion - $10 billion 13
Greater than $10 billion 0
Not Classified 2
RETURN CHARACTERISTICS
Alpha (5 Year)
0.85
Down Capture (5 Year)
102.09
Information Ratio (5 Year)
0.18
Sharpe Ratio (5 Year)
0.32
Up Capture (5 Year)
104.17
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

9/30/22 10/31/22 10/31/22 -8 0 8
Financials 35 35 30
Industrials 17 18 13
Information Technology 8 9 6
Consumer Discretionary 12 12 10
Consumer Staples 5 5 3
Energy 5 5 6
Materials 4 3 4
Communication Services 1 1 3
Utilities 2 2 5
Health Care 8 7 11
Real Estate 2 3 11
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 12.91 $0.1250 $0.0000 $0.0000 $0.1250
12/13/2021 12.86 $0.0000 $0.3725 $0.4089 $0.7814
Past distributions are not indicative of future distributions.

Fund Literature


09/30/2022 - PDF (165 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
09/30/2022 - PDF (128 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 (143 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
09/30/2022 - PDF (552 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. • 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.

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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