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Taxable Bond fund

Hartford Strategic Income Fund    Share Class - R4 (HSNSX)


Objective

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

Overview

A global, multi-sector bond fund that seeks an attractive level of income and long-term total return from a diversified portfolio of fixed-income securities.

Portfolio Management
Senior Managing Director
Fixed-Income Portfolio Manager
10
YRS
MANAGING THIS FUND
22
YRS
AT WELLINGTON MANAGEMENT
25
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Fixed-Income Portfolio Manager
10
YRS
MANAGING THIS FUND
19
YRS
AT WELLINGTON MANAGEMENT
34
YRS
EXPERIENCE IN THIS INDUSTRY
Managing Director
Fixed-Income Portfolio Manager
6
YRS
MANAGING THIS FUND
15
YRS
AT WELLINGTON MANAGEMENT
24
YRS
EXPERIENCE IN THIS INDUSTRY

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

FUND PROCESS VIDEO
Hartford Strategic Income Fund Process Video


Campe Goodman, CFA

Managing Director, Fixed-Income Portfolio Manager

Campe Goodman video

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 7/31/2022)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 7/31/2022)
YTD 1YR 3YR 5YR 10YR SI
Hartford Strategic Income R4 -12.65 -13.51 0.02 1.67 2.86 4.01
Benchmark -8.16 -9.12 -0.21 1.28 1.65 ---
Morningstar Multisector Bond Category -7.87 -7.82 0.36 1.66 2.88 ---
 
CUMULATIVE %
(as of 6/30/2022)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2022)
YTD 1YR 3YR 5YR 10YR SI
Hartford Strategic Income R4 -14.56 -15.19 -0.46 1.46 2.84 3.88
Benchmark -10.35 -10.29 -0.93 0.88 1.54 ---
Morningstar Multisector Bond Category -10.12 -9.60 -0.31 1.33 2.77 ---

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

Share Class Inception: 9/30/11.
Class R4-share performance prior to its inception date reflects Y-share performance and operating expenses. SI performance is calculated from 8/31/07.

Hartford Strategic Income Fund R4 Share Morningstar Ratings
Morningstar awarded the Fund a
Bronze analyst rating on 6/14/2022

Characteristics

FUND ESSENTIALS
Inception Date 05/31/2007
Net Assets $2.4 billion
Total Operating Expenses 0.96%
Morningstar Category Multisector Bond
Lipper Classification Multi-Sector Income Funds
CUSIP 41664R507
Fund Number 1054
FUND STATS
Dividend Frequency
Monthly
# of Holdings
1214
Holdings Characteristics
Effective Duration
4.28 yrs
Credit Exposure (%)
Aaa/AAA 19
Aa/AA 7
A 14
Baa/BBB 6
Ba/BB 34
B 20
Caa/CCC or lower 5
Not Rated 14
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 (%)
UMBS 11.47
Japan Treasury Discount Bill 9.80
U.S. Treasury Bonds 4.21
FHLMC Mortgage Backed Securities (POOLS) 3.32
FNMA Mortgage Backed Securities (POOLS) 2.11
U.S. Treasury Notes 2.02
Preston Ridge Partners Mortgage Trust LLC 1.23
Brazil Notas do Tesouro Nacional 0.87
Pretium Mortgage Credit Partners LLC 0.85
Colombia Government International Bond 0.79
Total Portfolio % 36.67
UMBS 9.68
U.S. Treasury Notes 7.33
Japan Treasury Discount Bill 7.07
FHLMC Mortgage Backed Securities (POOLS) 2.45
U.S. Treasury Bonds 1.68
FNMA Mortgage Backed Securities (POOLS) 1.17
Colombia Government International Bond 1.14
Preston Ridge Partners Mortgage Trust LLC 1.01
Brazil Notas do Tesouro Nacional 0.90
CIFI Holdings Group Co., Ltd. 0.84
Total Portfolio % 33.27
Yields (%) (as of 7/31/22)
Trailing 12 Month Yield
3.76
30-Day SEC Yield
5.52
Unsubsidized 30-Day SEC Yield
5.52
Asset Class Exposure (%)
Emerging Market Debt 29
Mortgage Backed Securities 22
High Yield Credit 19
Bank Loans 10
United States Government 6
Other 6
Asset Backed Securities 5
Commercial Mortgage Backed Securities 3
Investment Grade Credit 2
Developed Government and Related (Non-US $) 0
Cash, Cash Equivalents and Cash Offsets -3
Emerging Market Debt 28
Mortgage Backed Securities 18
Cash, Cash Equivalents and Cash Offsets 12
High Yield Credit 10
United States Government 10
Bank Loans 9
Other 5
Asset Backed Securities 4
Investment Grade Credit 2
Commercial Mortgage Backed Securities 2
Developed Government and Related (Non-US $) 1
distributions and capital gains
Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
7/29/2022 7.62 $0.0282 $0.0000 $0.0000 $0.0282
6/29/2022 7.55 $0.0268 $0.0000 $0.0000 $0.0268
5/31/2022 7.98 $0.0230 $0.0000 $0.0000 $0.0230
4/29/2022 8.07 $0.0218 $0.0000 $0.0000 $0.0218
3/30/2022 8.26 $0.0200 $0.0000 $0.0000 $0.0200
2/28/2022 8.49 $0.0242 $0.0000 $0.0000 $0.0242
1/31/2022 8.74 $0.0188 $0.0000 $0.0000 $0.0188
12/30/2021 8.95 $0.0363 $0.0000 $0.0000 $0.0363
12/20/2021 8.98 $0.0000 $0.0907 $0.0129 $0.1036
11/30/2021 9.04 $0.0241 $0.0000 $0.0000 $0.0241
10/29/2021 9.16 $0.0203 $0.0000 $0.0000 $0.0203
9/29/2021 9.20 $0.0219 $0.0000 $0.0000 $0.0219
8/31/2021 9.31 $0.0230 $0.0000 $0.0000 $0.0230
Past distributions are not indicative of future distributions.

Fund Literature


06/30/2022 - PDF (197 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
06/30/2022 - PDF (249 KB)
This flyer highlights how the Fund strives to strike the right balance between seeking diversification and total return.
06/30/2022 - PDF (270 KB)
Current monthly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, and positioning and outlook for the Fund.
06/30/2022 - PDF (387 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 (149 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
06/30/2022 - PDF (393 KB)
This module provides an overview of Wellington Management Company's Fixed Income resources and capabilities
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. • 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 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. • Changes related to LIBOR could have an adverse impact on financial instruments that reference this rate.

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.

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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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