Effective 11/1/17, the Fund changed its objective and principal investment strategy. Returns prior to 11/1/17 reflect the performance of the Fund’s prior strategy. Please see the Fund’s prospectus for additional information.
Objective
Seeks long-term capital appreciation.
Overview
A traditional large cap value fund that focuses on investing in high quality, undervalued companies believed to be in out-of-favor industries with less downside risk than the overall market.
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Average Annual Total Returns % (as of 12/31/2020)
|
|||||
| 1YR | 5YR | 10YR | SI | ||
|---|---|---|---|---|---|
| Hartford Quality Value I | 2.51 | 9.77 | 9.45 | 7.41 | |
| Benchmark | 2.80 | 9.74 | 10.50 | --- | |
| Morningstar Large Value Category | 2.91 | 9.42 | 9.73 | --- | |
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Average Annual Total Returns % (as of 12/31/2020)
|
|||||
| 1YR | 5YR | 10YR | SI | ||
|---|---|---|---|---|---|
| Hartford Quality Value I | 2.51 | 9.77 | 9.45 | 7.41 | |
| Benchmark | 2.80 | 9.74 | 10.50 | --- | |
| Morningstar Large Value Category | 2.91 | 9.42 | 9.73 | --- | |
SI = Since Inception.
Fund Inception: 01/02/1996
Share Class Inception: 8/31/06.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 2/19/02.
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.
Prior to 11/1/17, the Fund's benchmark was the Russell 3000 Value Index.
Growth of $10,000 (I-Share)
(as of 12/31/2020)[{"date":"Thu Dec 31 00:00:00 EST 2020","value":"24661.0"},{"date":"Mon Nov 30 00:00:00 EST 2020","value":"24080.0"},{"date":"Sat Oct 31 00:00:00 EDT 2020","value":"21134.0"},{"date":"Wed Sep 30 00:00:00 EDT 2020","value":"21629.0"},{"date":"Mon Aug 31 00:00:00 EDT 2020","value":"22112.0"},{"date":"Fri Jul 31 00:00:00 EDT 2020","value":"21307.0"},{"date":"Tue Jun 30 00:00:00 EDT 2020","value":"20559.0"},{"date":"Sun May 31 00:00:00 EDT 2020","value":"20709.0"},{"date":"Thu Apr 30 00:00:00 EDT 2020","value":"19892.0"},{"date":"Tue Mar 31 00:00:00 EDT 2020","value":"18074.0"},{"date":"Sat Feb 29 00:00:00 EST 2020","value":"20996.0"},{"date":"Fri Jan 31 00:00:00 EST 2020","value":"23263.0"},{"date":"Tue Dec 31 00:00:00 EST 2019","value":"24057.0"},{"date":"Sat Nov 30 00:00:00 EST 2019","value":"23254.0"},{"date":"Thu Oct 31 00:00:00 EDT 2019","value":"22731.0"},{"date":"Mon Sep 30 00:00:00 EDT 2019","value":"22425.0"},{"date":"Sat Aug 31 00:00:00 EDT 2019","value":"21859.0"},{"date":"Wed Jul 31 00:00:00 EDT 2019","value":"22066.0"},{"date":"Sun Jun 30 00:00:00 EDT 2019","value":"21815.0"},{"date":"Fri May 31 00:00:00 EDT 2019","value":"20419.0"},{"date":"Tue Apr 30 00:00:00 EDT 2019","value":"21695.0"},{"date":"Sun Mar 31 00:00:00 EDT 2019","value":"21019.0"},{"date":"Thu Feb 28 00:00:00 EST 2019","value":"20747.0"},{"date":"Thu Jan 31 00:00:00 EST 2019","value":"19874.0"},{"date":"Mon Dec 31 00:00:00 EST 2018","value":"18533.0"},{"date":"Fri Nov 30 00:00:00 EST 2018","value":"20575.0"},{"date":"Wed Oct 31 00:00:00 EDT 2018","value":"20029.0"},{"date":"Sun Sep 30 00:00:00 EDT 2018","value":"21416.0"},{"date":"Fri Aug 31 00:00:00 EDT 2018","value":"21294.0"},{"date":"Tue Jul 31 00:00:00 EDT 2018","value":"21132.0"},{"date":"Sat Jun 30 00:00:00 EDT 2018","value":"20150.0"},{"date":"Thu May 31 00:00:00 EDT 2018","value":"20160.0"},{"date":"Mon Apr 30 00:00:00 EDT 2018","value":"20099.0"},{"date":"Sat Mar 31 00:00:00 EDT 2018","value":"20039.0"},{"date":"Wed Feb 28 00:00:00 EST 2018","value":"20302.0"},{"date":"Wed Jan 31 00:00:00 EST 2018","value":"21254.0"},{"date":"Sun Dec 31 00:00:00 EST 2017","value":"20342.0"},{"date":"Thu Nov 30 00:00:00 EST 2017","value":"20031.0"},{"date":"Tue Oct 31 00:00:00 EDT 2017","value":"19520.0"},{"date":"Sat Sep 30 00:00:00 EDT 2017","value":"19520.0"},{"date":"Thu Aug 31 00:00:00 EDT 2017","value":"18836.0"},{"date":"Mon Jul 31 00:00:00 EDT 2017","value":"19250.0"},{"date":"Fri Jun 30 00:00:00 EDT 2017","value":"19057.0"},{"date":"Wed May 31 00:00:00 EDT 2017","value":"18749.0"},{"date":"Sun Apr 30 00:00:00 EDT 2017","value":"18672.0"},{"date":"Fri Mar 31 00:00:00 EDT 2017","value":"18807.0"},{"date":"Tue Feb 28 00:00:00 EST 2017","value":"18874.0"},{"date":"Tue Jan 31 00:00:00 EST 2017","value":"18344.0"},{"date":"Sat Dec 31 00:00:00 EST 2016","value":"18219.0"},{"date":"Wed Nov 30 00:00:00 EST 2016","value":"17993.0"},{"date":"Mon Oct 31 00:00:00 EDT 2016","value":"16801.0"},{"date":"Fri Sep 30 00:00:00 EDT 2016","value":"17179.0"},{"date":"Wed Aug 31 00:00:00 EDT 2016","value":"16980.0"},{"date":"Sun Jul 31 00:00:00 EDT 2016","value":"16857.0"},{"date":"Thu Jun 30 00:00:00 EDT 2016","value":"16100.0"},{"date":"Tue May 31 00:00:00 EDT 2016","value":"16252.0"},{"date":"Sat Apr 30 00:00:00 EDT 2016","value":"16053.0"},{"date":"Thu Mar 31 00:00:00 EDT 2016","value":"15523.0"},{"date":"Mon Feb 29 00:00:00 EST 2016","value":"14236.0"},{"date":"Sun Jan 31 00:00:00 EST 2016","value":"14472.0"},{"date":"Thu Dec 31 00:00:00 EST 2015","value":"15475.0"},{"date":"Mon Nov 30 00:00:00 EST 2015","value":"16144.0"},{"date":"Sat Oct 31 00:00:00 EDT 2015","value":"15997.0"},{"date":"Wed Sep 30 00:00:00 EDT 2015","value":"14836.0"},{"date":"Mon Aug 31 00:00:00 EDT 2015","value":"15477.0"},{"date":"Fri Jul 31 00:00:00 EDT 2015","value":"16612.0"},{"date":"Tue Jun 30 00:00:00 EDT 2015","value":"16594.0"},{"date":"Sun May 31 00:00:00 EDT 2015","value":"16975.0"},{"date":"Thu Apr 30 00:00:00 EDT 2015","value":"17001.0"},{"date":"Tue Mar 31 00:00:00 EDT 2015","value":"16482.0"},{"date":"Sat Feb 28 00:00:00 EST 2015","value":"16594.0"},{"date":"Sat Jan 31 00:00:00 EST 2015","value":"15650.0"},{"date":"Wed Dec 31 00:00:00 EST 2014","value":"16179.0"},{"date":"Sun Nov 30 00:00:00 EST 2014","value":"16313.0"},{"date":"Fri Oct 31 00:00:00 EDT 2014","value":"16122.0"},{"date":"Tue Sep 30 00:00:00 EDT 2014","value":"15939.0"},{"date":"Sun Aug 31 00:00:00 EDT 2014","value":"16560.0"},{"date":"Thu Jul 31 00:00:00 EDT 2014","value":"15955.0"},{"date":"Mon Jun 30 00:00:00 EDT 2014","value":"16361.0"},{"date":"Sat May 31 00:00:00 EDT 2014","value":"15963.0"},{"date":"Wed Apr 30 00:00:00 EDT 2014","value":"15835.0"},{"date":"Mon Mar 31 00:00:00 EDT 2014","value":"15636.0"},{"date":"Fri Feb 28 00:00:00 EST 2014","value":"15358.0"},{"date":"Fri Jan 31 00:00:00 EST 2014","value":"14538.0"},{"date":"Tue Dec 31 00:00:00 EST 2013","value":"14928.0"},{"date":"Sat Nov 30 00:00:00 EST 2013","value":"14647.0"},{"date":"Thu Oct 31 00:00:00 EDT 2013","value":"14323.0"},{"date":"Mon Sep 30 00:00:00 EDT 2013","value":"13778.0"},{"date":"Sat Aug 31 00:00:00 EDT 2013","value":"13327.0"},{"date":"Wed Jul 31 00:00:00 EDT 2013","value":"13833.0"},{"date":"Sun Jun 30 00:00:00 EDT 2013","value":"13177.0"},{"date":"Fri May 31 00:00:00 EDT 2013","value":"13248.0"},{"date":"Tue Apr 30 00:00:00 EDT 2013","value":"12766.0"},{"date":"Sun Mar 31 00:00:00 EDT 2013","value":"12545.0"},{"date":"Thu Feb 28 00:00:00 EST 2013","value":"12047.0"},{"date":"Thu Jan 31 00:00:00 EST 2013","value":"12015.0"},{"date":"Mon Dec 31 00:00:00 EST 2012","value":"11264.0"},{"date":"Fri Nov 30 00:00:00 EST 2012","value":"10853.0"},{"date":"Wed Oct 31 00:00:00 EDT 2012","value":"10775.0"},{"date":"Sun Sep 30 00:00:00 EDT 2012","value":"10829.0"},{"date":"Fri Aug 31 00:00:00 EDT 2012","value":"10495.0"},{"date":"Tue Jul 31 00:00:00 EDT 2012","value":"10255.0"},{"date":"Sat Jun 30 00:00:00 EDT 2012","value":"10115.0"},{"date":"Thu May 31 00:00:00 EDT 2012","value":"9726.0"},{"date":"Mon Apr 30 00:00:00 EDT 2012","value":"10666.0"},{"date":"Sat Mar 31 00:00:00 EDT 2012","value":"10892.0"},{"date":"Wed Feb 29 00:00:00 EST 2012","value":"10620.0"},{"date":"Tue Jan 31 00:00:00 EST 2012","value":"10154.0"},{"date":"Sat Dec 31 00:00:00 EST 2011","value":"9524.0"},{"date":"Wed Nov 30 00:00:00 EST 2011","value":"9479.0"},{"date":"Mon Oct 31 00:00:00 EDT 2011","value":"9632.0"},{"date":"Fri Sep 30 00:00:00 EDT 2011","value":"8552.0"},{"date":"Wed Aug 31 00:00:00 EDT 2011","value":"9464.0"},{"date":"Sun Jul 31 00:00:00 EDT 2011","value":"10222.0"},{"date":"Thu Jun 30 00:00:00 EDT 2011","value":"10536.0"},{"date":"Tue May 31 00:00:00 EDT 2011","value":"10851.0"},{"date":"Sat Apr 30 00:00:00 EDT 2011","value":"10966.0"},{"date":"Thu Mar 31 00:00:00 EDT 2011","value":"10782.0"},{"date":"Mon Feb 28 00:00:00 EST 2011","value":"10728.0"},{"date":"Mon Jan 31 00:00:00 EST 2011","value":"10352.0"},{"date":"Fri Dec 31 00:00:00 EST 2010","value":"10000.0"}]
| Fund | Benchmark | |
|---|---|---|
| 2020 | 2.51 | 2.80 |
| 2019 | 29.80 | 26.54 |
| 2018 | -8.89 | -8.27 |
| 2017 | 11.66 | 13.66 |
| 2016 | 17.73 | 17.34 |
| 2015 | -4.35 | -3.83 |
| 2014 | 8.38 | 13.45 |
| 2013 | 32.53 | 32.53 |
| 2012 | 18.27 | 17.51 |
| 2011 | -4.76 | 0.39 |
Excludes sales charges. If sales charges and taxes had been included, the value would have been lower.
CharacteristicsAllocations, exposures and holdings are subject to change. Percentages may be rounded.
Allocations, exposures and holdings are subject to change. Percentages may be rounded.
| As of Date | 12/31/2020 |
| Net Assets | $195 million |
| # of Holdings | 67 |
| % in Equities | 98 |
| % in Foreign Equities | 6 |
| Beta (3 year) | 0.94 |
| R Squared (3 year) | 0.98 |
| Standard Deviation | 18.94% |
| Turnover (12/31/2020) | 26% |
| Dividend Frequency | Annually |
| Active Share | 75% |
| Fund | Russell 1000 Value Index | |
|---|---|---|
| Price/Earnings | 16.0x | 17.4x |
| Price/Book | 2.4x | 2.4x |
| EPS Growth Rate | 6.7% | 8.2% |
| Return on Equity | 26.2% | 19.9% |
| Asset Weighted Market Cap (billions) | $126.7 | $131.3 |
| Median Market Cap (billions) | $84.0 | $11.6 |
| Fund | |
|---|---|
| Alpha (5 Year) | 0.27 |
| Down Capture (5 Year) | 99.07 |
| Information Ratio (5 Year) | 0.01 |
| Sharpe Ratio (5 Year) | 0.59 |
| Up Capture (5 Year) | 99.50 |
Top Ten Holdings (%)
| label | percentageholding |
|---|---|
| JP Morgan Chase & Co. | 4.69 |
| Bank of America Corp. | 4.02 |
| Verizon Communications, Inc. | 3.27 |
| Pfizer, Inc. | 2.56 |
| Comcast Corp. | 2.42 |
| Medtronic plc | 2.36 |
| Chevron Corp. | 2.31 |
| PNC Financial Services Group, Inc. | 2.27 |
| Raytheon Technologies Corp. | 2.16 |
| Broadcom, Inc. | 2.04 |
| Total Portfolio % | 28.10 |
| label | percentageholding |
|---|---|
| JP Morgan Chase & Co. | 4.03 |
| Verizon Communications, Inc. | 3.75 |
| Bank of America Corp. | 3.69 |
| Pfizer, Inc. | 2.90 |
| Comcast Corp. | 2.42 |
| Medtronic plc | 2.38 |
| Chevron Corp. | 2.02 |
| Intel Corp. | 2.01 |
| McDonald's Corp. | 1.98 |
| Deere & Co. | 1.97 |
| Total Portfolio % | 27.15 |
| Fund | |
|---|---|
| Less than $2 billion | 0 |
| $2 billion - $5 billion | 0 |
| $5 billion - $10 billion | 1 |
| Greater than $10 billion | 99 |
| Not Classified | 0 |
| Inception Date | 01/02/1996 |
| Symbol | HVOIX |
| CUSIP | 416641405 |
| Fund Number | 1319 |
| Sectors | Fund 12/31/2020 | Benchmark 12/31/2020 |
|---|---|---|
| Financials | 22 | 20 |
| Energy | 6 | 4 |
| Health Care | 14 | 13 |
| Information Technology | 11 | 10 |
| Utilities | 6 | 5 |
| Industrials | 13 | 13 |
| Real Estate | 4 | 4 |
| Consumer Discretionary | 7 | 8 |
| Consumer Staples | 7 | 8 |
| Materials | 4 | 5 |
| Communication Services | 6 | 10 |
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.
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Fund LiteratureSelect All
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Fact Sheet12/31/2020 | pdfThis Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance. |
Commentary09/30/2020 | pdfCurrent quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
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Summary ProspectuspdfA concise summary of the Fund’s investment strategy, performance, expenses, risks, and management team.
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Quality Value Fund Pitchbook12/31/2020 | pdfThis Pitchbook reviews the Funds' investment approach, investment team, investment process, and general portfolio parameters.
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Quality Value Fund Semi-Annual ReportpdfA semi-annual update on the Fund that includes a manager discussion of the Fund’s performance and financial statements.
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Statutory ProspectuspdfAn annual update on the Fund that includes information about the Fund’s investment manager, sub-adviser, and operations.
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Annual ReportpdfAn annual update on the Fund that includes a manager discussion of the Fund’s performance and financial statements.
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SAIpdfA supplementary document to the Fund’s prospectus that includes additional information about the Fund and its operations.
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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. • Different investment styles may go in and out favor, which may cause the Fund to underperform the broader stock market. • For dividend-paying stocks, dividends are not guaranteed and may decrease without notice. • The Fund's focus on investments in particular sectors may increase its volatility and risk of loss if adverse developments occur.
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