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Taxable Bond fund

Hartford Total Return Bond HLS Fund    Share Class - HLS IB (HBNBX)



Key Documents
      Actions

      Effective 12/31/17, this Fund is closed to new qualified pension and retirement plans.  Please refer to the fund supplement dated 9/28/17 for more information.

      Objective

      Seeks a competitive total return with income as a secondary objective.

      Overview

      A diversified bond fund that typically invests at least 70% of its assets in investment-grade debt with tactical investments in high-yield and non-U.S. dollar bonds.

      Portfolio Management
      Senior Managing Director
      Fixed-Income Portfolio Manager
      9
      YRS
      MANAGING THIS FUND
      18
      YRS
      AT WELLINGTON MANAGEMENT
      33
      YRS
      EXPERIENCE IN THIS INDUSTRY
      Senior Managing Director
      Fixed-Income Portfolio Manager
      9
      YRS
      MANAGING THIS FUND
      21
      YRS
      AT WELLINGTON MANAGEMENT
      21
      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.

      Performance

      PERFORMANCE %
       
      CUMULATIVE %
      (as of 8/31/2021)
      AVERAGE ANNUAL TOTAL RETURNS %
      (as of 8/31/2021)
      YTD 1YR 3YR 5YR 10YR SI
      Hartford Total Return Bond HLS IB -0.39 1.22 6.07 3.92 3.83 6.65
      Benchmark -0.69 -0.08 5.43 3.11 3.18 ---
      Morningstar Intermediate Core-Plus Bond Category 0.24 2.17 5.71 3.68 3.80 ---
       
      CUMULATIVE %
      (as of 6/30/2021)
      AVERAGE ANNUAL TOTAL RETURNS %
      (as of 6/30/2021)
      YTD 1YR 3YR 5YR 10YR SI
      Hartford Total Return Bond HLS IB -1.18 2.05 6.04 4.02 3.96 6.66
      Benchmark -1.60 -0.33 5.34 3.03 3.39 ---
      Morningstar Intermediate Core-Plus Bond Category -0.61 3.06 5.69 3.75 3.84 ---

      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: 08/31/1977

      Excludes sales charges. If sales charges and taxes had been included, the value would have been lower.

      Characteristics

      FUND ESSENTIALS
      Inception Date 08/31/1977
      Net Assets $2.4 billion
      Total Operating Expenses 0.76%
      Morningstar Category Intermediate Core-Plus Bond
      Lipper Classification Core Bond Funds
      CUSIP 416528792
      Fund Number 2037
      Credit Exposure (%)
      Aaa/AAA 72
      Aa/AA 3
      A 11
      Baa/BBB 21
      Ba/BB 11
      B 2
      Caa/CCC or lower 2
      Not Rated 5
      Cash & Cash Offsets -28
      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 20.93
      U.S. Treasury Bonds 11.48
      GNMA Mortgage Backed Securities (POOLS) 8.56
      U.S. Treasury Notes 8.18
      FNMA Mortgage Backed Securities (POOLS) 6.12
      FHLMC Mortgage Backed Securities (POOLS) 4.43
      New Residential Mortgage Loan Trust 1.54
      Bank of America Corp. 0.95
      Commercial Mortgage Trust 0.88
      Preston Ridge Partners Mortgage Trust LLC 0.81
      Total Portfolio % 63.88
      FNMA Mortgage Backed Securities (POOLS) 15.07
      UMBS 12.09
      U.S. Treasury Bonds 11.01
      GNMA Mortgage Backed Securities (POOLS) 7.36
      U.S. Treasury Notes 7.18
      FHLMC Mortgage Backed Securities (POOLS) 4.55
      New Residential Mortgage Loan Trust 1.60
      Bank of America Corp. 1.08
      JP Morgan Chase & Co. 1.01
      Commercial Mortgage Trust 0.89
      Total Portfolio % 61.84
      FUND STATS
      Dividend Frequency
      Annually
      # of Holdings
      1670
      Holdings Characteristics
      Effective Duration
      5.69 yrs
      distributions and capital gains
      Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
      8/27/2020 11.67 $0.4242 $0.0273 $0.0000 $0.4515
      Past distributions are not indicative of future distributions.

      Fund Literature


      PDF (138 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, event, and interest-rate risk. As interest rates rise, bond prices generally fall. • 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. • 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. • 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. • Investments in high-yield ("junk") bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities. • 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. • Restricted securities may be more difficult to sell and price than other securities. • The Fund may have high portfolio turnover, which could increase its transaction costs.

      Hartford HLS Funds are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA. Advisory services are provided by Hartford Funds Management Company, LLC (HFMC). The funds are sub-advised by Wellington Management Company LLP, which is not affiliated with HFD and HFMC.

      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