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Taxable Bond fund

Hartford Strategic Income Fund    Share Class - R4 (HSNSX)


MORNINGSTAR RATING:
Overall, 5 stars, 3-Year, 5 stars, 5-Year, 5 stars, and 10-Year, 4 stars, rated against 272, 272, 239 and 123 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.
©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.
overall (as of 8/31/2021)
272 PRODUCTS
Multisector Bond Category
Based on Risk-Adjusted Returns

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
9
YRS
MANAGING THIS FUND
21
YRS
AT WELLINGTON MANAGEMENT
21
YRS
EXPERIENCE IN THIS INDUSTRY
Senior Managing Director
Fixed-Income Portfolio Manager
9
YRS
MANAGING THIS FUND
18
YRS
AT WELLINGTON MANAGEMENT
33
YRS
EXPERIENCE IN THIS INDUSTRY
Managing Director
Fixed-Income Portfolio Manager
5
YRS
MANAGING THIS FUND
14
YRS
AT WELLINGTON MANAGEMENT
23
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 8/31/2021)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 8/31/2021)
YTD 1YR 3YR 5YR 10YR SI
Hartford Strategic Income R4 1.57 6.38 8.06 6.11 5.22 5.42
Benchmark -0.69 -0.08 5.43 3.11 3.18 ---
Morningstar Multisector Bond Category 2.73 6.65 5.22 4.29 4.51 ---
 
CUMULATIVE %
(as of 6/30/2021)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2021)
YTD 1YR 3YR 5YR 10YR SI
Hartford Strategic Income R4 0.63 9.24 7.78 6.51 5.22 5.42
Benchmark -1.60 -0.33 5.34 3.03 3.39 ---
Morningstar Multisector Bond Category 1.94 9.23 5.23 4.63 4.32 ---

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 6/15/2021
overall
(as of 8/31/2021)
Overall, 5 stars, 3-Year, 5 stars, 5-Year, 5 stars, and 10-Year, 4 stars, rated against 272, 272, 239 and 123 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.
©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.

272 PRODUCTS
|
Multisector Bond Category
Based on Risk-Adjusted Returns
3 YEAR
(as of 8/31/2021)
Overall, 5 stars, 3-Year, 5 stars, 5-Year, 5 stars, and 10-Year, 4 stars, rated against 272, 272, 239 and 123 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.
©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.

272 PRODUCTS
|
Multisector Bond Category
Based on Risk-Adjusted Returns
5 YEAR
(as of 8/31/2021)
Overall, 5 stars, 3-Year, 5 stars, 5-Year, 5 stars, and 10-Year, 4 stars, rated against 272, 272, 239 and 123 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.
©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.

239 PRODUCTS
|
Multisector Bond Category
Based on Risk-Adjusted Returns
10 YEAR
(as of 8/31/2021)
Overall, 5 stars, 3-Year, 5 stars, 5-Year, 5 stars, and 10-Year, 4 stars, rated against 272, 272, 239 and 123 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.
©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.

123 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 $3.2 billion
Total Operating Expenses 1.00%
Morningstar Category Multisector Bond
Lipper Classification Multi-Sector Income Funds
CUSIP 41664R507
Fund Number 1054
FUND STATS
Dividend Frequency
Monthly
# of Holdings
1639
Holdings Characteristics
Effective Duration
3.70 yrs
Credit Exposure (%)
Aaa/AAA 18
Aa/AA 2
A 7
Baa/BBB 9
Ba/BB 17
B 30
Caa/CCC or lower 7
Not Rated 8
Cash & Cash Offsets 2
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 (%)
U.S. Treasury Notes 6.92
UMBS 6.50
Japan Treasury Discount Bill 4.22
U.S. Treasury Bonds 3.44
FHLMC Mortgage Backed Securities (POOLS) 1.72
Colombia Government International Bond 1.09
FNMA Mortgage Backed Securities (POOLS) 1.09
Mexico Government International Bond 0.96
Argentine Republic Government International Bond 0.90
Brazil Notas do Tesouro Nacional 0.88
Total Portfolio % 27.72
U.S. Treasury Notes 9.85
Japan Treasury Discount Bill 4.50
FNMA Mortgage Backed Securities (POOLS) 4.37
U.S. Treasury Bonds 3.64
UMBS 3.52
FHLMC Mortgage Backed Securities (POOLS) 1.33
Mexico Government International Bond 0.95
Argentine Republic Government International Bond 0.77
Russian Foreign Bond - Eurobond 0.76
Mexican Bonos 0.75
Total Portfolio % 30.44
Yields (%) (as of 8/31/21)
Trailing 12 Month Yield
2.59
30-Day SEC Yield
2.92
Unsubsidized 30-Day SEC Yield
2.92
Asset Class Exposure (%)
Emerging Market Debt 28
Bank Loans 19
Mortgage Backed Securities 13
United States Government 10
High Yield Credit 10
Cash, Cash Equivalents and Cash Offsets 8
Other 3
Asset Backed Securities 3
Investment Grade Credit 2
Commercial Mortgage Backed Securities 2
Developed Government and Related (Non-US $) 1
Emerging Market Debt 33
Bank Loans 20
United States Government 14
Mortgage Backed Securities 12
High Yield Credit 10
Investment Grade Credit 3
Other 3
Asset Backed Securities 2
Commercial Mortgage Backed Securities 2
Developed Government and Related (Non-US $) 1
Cash, Cash Equivalents and Cash Offsets -1
distributions and capital gains
Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
8/31/2021 9.31 $0.0230 $0.0000 $0.0000 $0.0230
7/30/2021 9.28 $0.0229 $0.0000 $0.0000 $0.0229
6/29/2021 9.28 $0.0236 $0.0000 $0.0000 $0.0236
5/28/2021 9.24 $0.0213 $0.0000 $0.0000 $0.0213
4/30/2021 9.22 $0.0201 $0.0000 $0.0000 $0.0201
3/30/2021 9.13 $0.0170 $0.0000 $0.0000 $0.0170
2/26/2021 9.21 $0.0201 $0.0000 $0.0000 $0.0201
1/29/2021 9.31 $0.0158 $0.0000 $0.0000 $0.0158
12/30/2020 9.32 $0.0211 $0.0000 $0.0000 $0.0211
12/18/2020 9.33 $0.0000 $0.1003 $0.0000 $0.1003
11/27/2020 9.31 $0.0210 $0.0000 $0.0000 $0.0210
10/30/2020 9.02 $0.0165 $0.0000 $0.0000 $0.0165
9/29/2020 9.03 $0.0194 $0.0000 $0.0000 $0.0194
Past distributions are not indicative of future distributions.

Fund Literature


07/27/2021 - PDF (186 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
06/30/2021 - PDF (540 KB)
This flyer highlights how the Fund strives to strike the right balance between seeking diversification, yield, and total return.
Morningstar analyst's take on the Hartford Strategic Income Fund.
06/30/2021 - PDF (536 KB)
Current monthly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, 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.
06/30/2021 - PDF (391 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. 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, 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 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. • The Fund may have high portfolio turnover, which could increase its transaction costs and an investor's tax liability. • 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.

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, ETF or closed-end interval fund prospectus or summary prospectus, which can be obtained from a financial professional and should be read carefully before investing.

Mutual funds and the closed-end interval fund are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA/SIPC. Exchange-traded products 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. Schroder Investment Management North America Ltd. serves as a secondary sub-adviser to certain funds. Hartford Funds refers to Hartford Funds Management Group, Inc. and its subsidiaries, including HFD, HFMC, and Lattice, 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 2021 Hartford Funds Management Group, Inc. All Rights Reserved. Not FDIC Insured | No Bank Guarantee | May Lose Value