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Taxable Bond fund

Hartford Strategic Income Fund   

MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 2 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 321, 321, 267 and 170 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 2/29/2024)
321 PRODUCTS
Multisector Bond Category
Based on Risk-Adjusted Returns
MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 2 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 321, 321, 267 and 170 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 2/29/2024)
321 PRODUCTS
Multisector Bond Category
Based on Risk-Adjusted Returns

Taxable Bond fund

Hartford Strategic Income Fund   
Share Class - A (HSNAX)

Sector Rotation Helps Diversify Income

Actively allocating across fixed-income sectors in the pursuit of current income and long-term total return.

As of 7/1/13 - 12/31/23. Sectors exclude cash. ABS/CMBS = Asset-Backed Securities / Commercial Mortgage-Backed Securities.

Portfolio Management
Senior Managing Director
Fixed-Income Portfolio Manager
11
YRS
MANAGING THIS FUND
24
YRS
AT WELLINGTON MANAGEMENT
27
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Fixed-Income Portfolio Manager
11
YRS
MANAGING THIS FUND
21
YRS
AT WELLINGTON MANAGEMENT
36
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Fixed-Income Portfolio Manager
8
YRS
MANAGING THIS FUND
17
YRS
AT WELLINGTON MANAGEMENT
26
YRS
EXPERIENCE IN THIS INDUSTRY

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

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 2/29/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 2/29/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Strategic Income A 0.82 7.62 -1.05 3.03 3.22 3.98
With 4.5% Max Sales Charge --- 2.78 -2.55 2.09 2.75 3.69
Benchmark -1.68 3.33 -3.16 0.56 1.43 ---
Morningstar Multisector Bond Category 0.21 6.66 0.07 2.34 2.64 ---
 
CUMULATIVE %
(as of 12/31/2023)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 12/31/2023)
YTD 1YR 3YR 5YR 10YR SI
Hartford Strategic Income A 9.45 9.45 -1.65 3.58 3.29 3.97
With 4.5% Max Sales Charge --- 4.53 -3.15 2.63 2.82 3.68
Benchmark 5.53 5.53 -3.31 1.10 1.81 ---
Morningstar Multisector Bond Category 8.13 8.13 0.10 2.93 2.83 ---

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: 05/31/2007

Hartford Strategic Income Fund A Share Morningstar Ratings
Morningstar Medalist RatingTM
6/13/2023
overall
(as of 2/29/2024)
Overall, 4 stars, 3-Year, 2 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 321, 321, 267 and 170 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.

321 PRODUCTS
|
Multisector Bond Category
Based on Risk-Adjusted Returns
3 YEAR
(as of 2/29/2024)
Overall, 4 stars, 3-Year, 2 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 321, 321, 267 and 170 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.

321 PRODUCTS
|
Multisector Bond Category
Based on Risk-Adjusted Returns
5 YEAR
(as of 2/29/2024)
Overall, 4 stars, 3-Year, 2 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 321, 321, 267 and 170 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.

267 PRODUCTS
|
Multisector Bond Category
Based on Risk-Adjusted Returns
10 YEAR
(as of 2/29/2024)
Overall, 4 stars, 3-Year, 2 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 321, 321, 267 and 170 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.

170 PRODUCTS
|
Multisector 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 05/31/2007
Net Assets $2.3 billion
Total Operating Expenses 0.92%
Morningstar Category Multisector Bond
Lipper Classification Multi-Sector Income Funds
CUSIP 41664L666
Fund Number 1598
FUND STATS
Dividend Frequency
Monthly
# of Holdings
982
Holdings Characteristics
Yield to Worst (%)
8.02%
Effective Duration
3.85 yrs
Credit Exposure (%)
Aaa/AAA 4
Aa/AA 33
A 3
Baa/BBB 12
Ba/BB 30
B 22
Caa/CCC or lower 5
Not Rated 11
Cash & Cash Offsets -20
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 (%)
Uniform Mortgage-Backed Security 9.89
U.S. Treasury Notes 9.61
U.S. Treasury Bonds 7.94
Federal Home Loan Mortgage Corp. 2.46
Federal National Mortgage Association Connecticut Avenue Securities 2.34
Santander Drive Auto Receivables Trust 1.48
U.S. Treasury Inflation-Indexed Notes 1.44
Energean Israel Finance Ltd. 0.87
Brazil Notas do Tesouro Nacional 0.77
UBS Group AG 0.76
Total Portfolio % 37.56
Yields (%) (as of 2/29/24)
Trailing 12 Month Yield
6.07
30-Day SEC Yield
5.39
Unsubsidized 30-Day SEC Yield
5.39
Asset Class Exposure (%)
High Yield Credit 23
Emerging Market Debt 21
United States Government 20
Mortgage Backed Securities 19
Asset Backed Securities 11
Bank Loans 10
Investment Grade Credit 7
Other 6
Commercial Mortgage Backed Securities 4
Developed Government and Related (Non-US $) 0
Cash, Cash Equivalents and Cash Offsets -20
Emerging Market Debt 21
United States Government 20
Mortgage Backed Securities 20
High Yield Credit 16
Asset Backed Securities 9
Bank Loans 9
Other 6
Investment Grade Credit 6
Commercial Mortgage Backed Securities 4
Developed Government and Related (Non-US $) 0
Cash, Cash Equivalents and Cash Offsets -10
distributions and capital gains
Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
2/27/2024 7.69 $0.0348 $0.0000 $0.0000 $0.0348
1/29/2024 7.69 $0.0278 $0.0000 $0.0000 $0.0278
12/27/2023 7.71 $0.0952 $0.0000 $0.0000 $0.0952
12/15/2023 7.73 $0.0000 $0.0000 $0.0000 $0.0000
11/29/2023 7.53 $0.0355 $0.0000 $0.0000 $0.0355
10/30/2023 7.20 $0.0340 $0.0000 $0.0000 $0.0340
9/27/2023 7.31 $0.0347 $0.0000 $0.0000 $0.0347
8/29/2023 7.48 $0.0309 $0.0000 $0.0000 $0.0309
7/28/2023 7.56 $0.0344 $0.0000 $0.0000 $0.0344
6/28/2023 7.59 $0.0376 $0.0000 $0.0000 $0.0376
5/30/2023 7.53 $0.0346 $0.0000 $0.0000 $0.0346
4/27/2023 7.60 $0.0374 $0.0000 $0.0000 $0.0374
3/29/2023 7.54 $0.0309 $0.0000 $0.0000 $0.0309
Past distributions are not indicative of future distributions.

Fund Literature


12/31/2023 - PDF (238 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
12/31/2023 - PDF (202 KB)
This Fund Story outlines three distinguishing characteristics to help investors better understand the Fund.
12/31/2023 - PDF (267 KB)
This flyer shows the performance of fixed income asset classes 1 year after the Fed stop raising rates.
12/31/2023 - PDF (416 KB)
This flyer highlights how the Fund strives to strike the right balance between seeking income, total return, and diversification.
12/31/2023 - PDF (426 KB)
Wellington's US Broad Markets Team combines top-down perspective with bottom-up expertise.
--- - PDF (247 KB)
Current monthly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, and positioning and outlook for the Fund.
12/31/2023 - PDF (315 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 (165 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
12/31/2023 - PDF (412 KB)
This module provides an overview of Wellington Management Company's Fixed Income resources and capabilities
12/31/2023 - PDF (857 KB)
This Pitchbook reviews the Fund's investment approach, investment team, investment process, and general portfolio parameters.
PDF (2 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 (2 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. 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. • Investments in high-yield ("junk") bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities. • Foreign investments, including foreign government debt, 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. These risks may be greater, and include additional risks, for investments in emerging markets. • 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. • 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. • The purchase of securities in the To-Be-Announced (TBA) market can result in higher portfolio turnover and related expenses as well as price and counterparty risk. • Restricted securities may be more difficult to sell and price than other securities. • 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. • 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. • The Fund may have high portfolio turnover, which could increase its transaction costs and an investor's tax liability.

BLOOMBERG® and any Bloomberg Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited ("BISL"), the administrator of the indices (collectively, "Bloomberg") and have been licensed for use for certain purposes by Hartford Funds. Bloomberg is not affiliated with Hartford Funds, and Bloomberg does not approve, endorse, review, or recommend any Hartford Funds product. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to Hartford Fund products.

Diversification does not ensure a profit or protect against a loss in a declining market.

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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.

© Copyright 2024 Hartford Funds Management Group, Inc. All Rights Reserved. Not FDIC Insured | No Bank Guarantee | May Lose Value