Objective
Seeks capital appreciation with income as a secondary goal.
Overview
A global bond fund, designed to be a core bond holding, that seeks to exploit inefficiencies in the global fixed-income and currency markets.
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Average Annual Total Returns % (as of 3/31/2021)
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| 1YR | 5YR | 10YR | SI | ||
|---|---|---|---|---|---|
| Hartford World Bond I | 3.82 | 2.40 | --- | 3.03 | |
| Benchmark | 1.82 | 2.15 | --- | --- | |
| Morningstar World Bond Category | 10.07 | 2.69 | --- | --- | |
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Average Annual Total Returns % (as of 3/31/2021)
|
|||||
| 1YR | 5YR | 10YR | SI | ||
|---|---|---|---|---|---|
| Hartford World Bond I | 3.82 | 2.40 | --- | 3.03 | |
| Benchmark | 1.82 | 2.15 | --- | --- | |
| Morningstar World Bond Category | 10.07 | 2.69 | --- | --- | |
SI = Since Inception.
Fund Inception: 05/31/2011
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.
Growth of $10,000 (I-Share)
(as of 2/28/2021)[{"date":"Sun Feb 28 00:00:00 EST 2021","value":"13383.0"},{"date":"Sun Jan 31 00:00:00 EST 2021","value":"13433.0"},{"date":"Thu Dec 31 00:00:00 EST 2020","value":"13408.0"},{"date":"Mon Nov 30 00:00:00 EST 2020","value":"13372.0"},{"date":"Sat Oct 31 00:00:00 EDT 2020","value":"13347.0"},{"date":"Wed Sep 30 00:00:00 EDT 2020","value":"13334.0"},{"date":"Mon Aug 31 00:00:00 EDT 2020","value":"13297.0"},{"date":"Fri Jul 31 00:00:00 EDT 2020","value":"13297.0"},{"date":"Tue Jun 30 00:00:00 EDT 2020","value":"13185.0"},{"date":"Sun May 31 00:00:00 EDT 2020","value":"13214.0"},{"date":"Thu Apr 30 00:00:00 EDT 2020","value":"13127.0"},{"date":"Tue Mar 31 00:00:00 EDT 2020","value":"12915.0"},{"date":"Sat Feb 29 00:00:00 EST 2020","value":"13222.0"},{"date":"Fri Jan 31 00:00:00 EST 2020","value":"13185.0"},{"date":"Tue Dec 31 00:00:00 EST 2019","value":"13172.0"},{"date":"Sat Nov 30 00:00:00 EST 2019","value":"13116.0"},{"date":"Thu Oct 31 00:00:00 EDT 2019","value":"13202.0"},{"date":"Mon Sep 30 00:00:00 EDT 2019","value":"13214.0"},{"date":"Sat Aug 31 00:00:00 EDT 2019","value":"13287.0"},{"date":"Wed Jul 31 00:00:00 EDT 2019","value":"13129.0"},{"date":"Sun Jun 30 00:00:00 EDT 2019","value":"13129.0"},{"date":"Fri May 31 00:00:00 EDT 2019","value":"13027.0"},{"date":"Tue Apr 30 00:00:00 EDT 2019","value":"12869.0"},{"date":"Sun Mar 31 00:00:00 EDT 2019","value":"12857.0"},{"date":"Thu Feb 28 00:00:00 EST 2019","value":"12744.0"},{"date":"Thu Jan 31 00:00:00 EST 2019","value":"12756.0"},{"date":"Mon Dec 31 00:00:00 EST 2018","value":"12672.0"},{"date":"Fri Nov 30 00:00:00 EST 2018","value":"12464.0"},{"date":"Wed Oct 31 00:00:00 EDT 2018","value":"12453.0"},{"date":"Sun Sep 30 00:00:00 EDT 2018","value":"12406.0"},{"date":"Fri Aug 31 00:00:00 EDT 2018","value":"12445.0"},{"date":"Tue Jul 31 00:00:00 EDT 2018","value":"12399.0"},{"date":"Sat Jun 30 00:00:00 EDT 2018","value":"12376.0"},{"date":"Thu May 31 00:00:00 EDT 2018","value":"12341.0"},{"date":"Mon Apr 30 00:00:00 EDT 2018","value":"12260.0"},{"date":"Sat Mar 31 00:00:00 EDT 2018","value":"12260.0"},{"date":"Wed Feb 28 00:00:00 EST 2018","value":"12260.0"},{"date":"Wed Jan 31 00:00:00 EST 2018","value":"12248.0"},{"date":"Sun Dec 31 00:00:00 EST 2017","value":"12179.0"},{"date":"Thu Nov 30 00:00:00 EST 2017","value":"12189.0"},{"date":"Tue Oct 31 00:00:00 EDT 2017","value":"12154.0"},{"date":"Sat Sep 30 00:00:00 EDT 2017","value":"12108.0"},{"date":"Thu Aug 31 00:00:00 EDT 2017","value":"12131.0"},{"date":"Mon Jul 31 00:00:00 EDT 2017","value":"12085.0"},{"date":"Fri Jun 30 00:00:00 EDT 2017","value":"12039.0"},{"date":"Wed May 31 00:00:00 EDT 2017","value":"12039.0"},{"date":"Sun Apr 30 00:00:00 EDT 2017","value":"11981.0"},{"date":"Fri Mar 31 00:00:00 EDT 2017","value":"11958.0"},{"date":"Tue Feb 28 00:00:00 EST 2017","value":"11946.0"},{"date":"Tue Jan 31 00:00:00 EST 2017","value":"11934.0"},{"date":"Sat Dec 31 00:00:00 EST 2016","value":"11877.0"},{"date":"Wed Nov 30 00:00:00 EST 2016","value":"11877.0"},{"date":"Mon Oct 31 00:00:00 EDT 2016","value":"12015.0"},{"date":"Fri Sep 30 00:00:00 EDT 2016","value":"12027.0"},{"date":"Wed Aug 31 00:00:00 EDT 2016","value":"12039.0"},{"date":"Sun Jul 31 00:00:00 EDT 2016","value":"12039.0"},{"date":"Thu Jun 30 00:00:00 EDT 2016","value":"12015.0"},{"date":"Tue May 31 00:00:00 EDT 2016","value":"11923.0"},{"date":"Sat Apr 30 00:00:00 EDT 2016","value":"11923.0"},{"date":"Thu Mar 31 00:00:00 EDT 2016","value":"11911.0"},{"date":"Mon Feb 29 00:00:00 EST 2016","value":"11716.0"},{"date":"Sun Jan 31 00:00:00 EST 2016","value":"11657.0"},{"date":"Thu Dec 31 00:00:00 EST 2015","value":"11647.0"},{"date":"Mon Nov 30 00:00:00 EST 2015","value":"11735.0"},{"date":"Sat Oct 31 00:00:00 EDT 2015","value":"11790.0"},{"date":"Wed Sep 30 00:00:00 EDT 2015","value":"11734.0"},{"date":"Mon Aug 31 00:00:00 EDT 2015","value":"11756.0"},{"date":"Fri Jul 31 00:00:00 EDT 2015","value":"11710.0"},{"date":"Tue Jun 30 00:00:00 EDT 2015","value":"11654.0"},{"date":"Sun May 31 00:00:00 EDT 2015","value":"11721.0"},{"date":"Thu Apr 30 00:00:00 EDT 2015","value":"11732.0"},{"date":"Tue Mar 31 00:00:00 EDT 2015","value":"11802.0"},{"date":"Sat Feb 28 00:00:00 EST 2015","value":"11748.0"},{"date":"Sat Jan 31 00:00:00 EST 2015","value":"11728.0"},{"date":"Wed Dec 31 00:00:00 EST 2014","value":"11676.0"},{"date":"Sun Nov 30 00:00:00 EST 2014","value":"11697.0"},{"date":"Fri Oct 31 00:00:00 EDT 2014","value":"11654.0"},{"date":"Tue Sep 30 00:00:00 EDT 2014","value":"11633.0"},{"date":"Sun Aug 31 00:00:00 EDT 2014","value":"11675.0"},{"date":"Thu Jul 31 00:00:00 EDT 2014","value":"11621.0"},{"date":"Mon Jun 30 00:00:00 EDT 2014","value":"11628.0"},{"date":"Sat May 31 00:00:00 EDT 2014","value":"11604.0"},{"date":"Wed Apr 30 00:00:00 EDT 2014","value":"11517.0"},{"date":"Mon Mar 31 00:00:00 EDT 2014","value":"11471.0"},{"date":"Fri Feb 28 00:00:00 EST 2014","value":"11447.0"},{"date":"Fri Jan 31 00:00:00 EST 2014","value":"11412.0"},{"date":"Tue Dec 31 00:00:00 EST 2013","value":"11338.0"},{"date":"Sat Nov 30 00:00:00 EST 2013","value":"11325.0"},{"date":"Thu Oct 31 00:00:00 EDT 2013","value":"11312.0"},{"date":"Mon Sep 30 00:00:00 EDT 2013","value":"11225.0"},{"date":"Sat Aug 31 00:00:00 EDT 2013","value":"11150.0"},{"date":"Wed Jul 31 00:00:00 EDT 2013","value":"11223.0"},{"date":"Sun Jun 30 00:00:00 EDT 2013","value":"11191.0"},{"date":"Fri May 31 00:00:00 EDT 2013","value":"11339.0"},{"date":"Tue Apr 30 00:00:00 EDT 2013","value":"11455.0"},{"date":"Sun Mar 31 00:00:00 EDT 2013","value":"11340.0"},{"date":"Thu Feb 28 00:00:00 EST 2013","value":"11352.0"},{"date":"Thu Jan 31 00:00:00 EST 2013","value":"11301.0"},{"date":"Mon Dec 31 00:00:00 EST 2012","value":"11366.0"},{"date":"Fri Nov 30 00:00:00 EST 2012","value":"11252.0"},{"date":"Wed Oct 31 00:00:00 EDT 2012","value":"11122.0"},{"date":"Sun Sep 30 00:00:00 EDT 2012","value":"11092.0"},{"date":"Fri Aug 31 00:00:00 EDT 2012","value":"10978.0"},{"date":"Tue Jul 31 00:00:00 EDT 2012","value":"10898.0"},{"date":"Sat Jun 30 00:00:00 EDT 2012","value":"10796.0"},{"date":"Thu May 31 00:00:00 EDT 2012","value":"10742.0"},{"date":"Mon Apr 30 00:00:00 EDT 2012","value":"10750.0"},{"date":"Sat Mar 31 00:00:00 EDT 2012","value":"10614.0"},{"date":"Wed Feb 29 00:00:00 EST 2012","value":"10652.0"},{"date":"Tue Jan 31 00:00:00 EST 2012","value":"10571.0"},{"date":"Sat Dec 31 00:00:00 EST 2011","value":"10413.0"},{"date":"Wed Nov 30 00:00:00 EST 2011","value":"10325.0"},{"date":"Mon Oct 31 00:00:00 EDT 2011","value":"10384.0"},{"date":"Fri Sep 30 00:00:00 EDT 2011","value":"10320.0"},{"date":"Wed Aug 31 00:00:00 EDT 2011","value":"10384.0"},{"date":"Sun Jul 31 00:00:00 EDT 2011","value":"10282.0"},{"date":"Thu Jun 30 00:00:00 EDT 2011","value":"9993.0"},{"date":"Tue May 31 00:00:00 EDT 2011","value":"10000.0"}]
| Fund | Benchmark | |
|---|---|---|
| 2020 | 1.79 | 10.11 |
| 2019 | 3.95 | 5.90 |
| 2018 | 4.05 | -0.84 |
| 2017 | 2.54 | 7.49 |
| 2016 | 1.97 | 1.60 |
| 2015 | -0.25 | -3.57 |
| 2014 | 2.98 | -0.48 |
| 2013 | -0.25 | -4.00 |
| 2012 | 9.15 | 1.65 |
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 | 2/28/2021 |
| Net Assets | $4.3 billion |
| # of Holdings | 723 |
| Dividend Frequency | Quarterly |
| Fund | |
|---|---|
| Effective Duration | 2.01 yrs |
Top Ten Countries (%)
| label | percentage |
|---|---|
Canada |
26 |
United States |
20 |
Australia |
19 |
China |
16 |
Norway |
15 |
New Zealand |
14 |
South Korea |
11 |
Euro Currency |
-4 |
Germany |
-9 |
United Kingdom |
-23 |
Top Ten Countries represent the Fund's top ten country exposures based on contribution to duration. Negative numbers indicate the Fund has investments that are expected to benefit if country's bonds decline in value.
Top Ten Currencies (%)
| label | percentage |
|---|---|
| US Dollar | 96 |
| Chinese Renminbi | 5 |
| South Korean Won | 3 |
| Canadian Dollar | 3 |
| Norwegian Krone | 1 |
| Japanese Yen | 0 |
| Australian Dollar | -1 |
| South African Rand | -1 |
| Euro Currency | -2 |
| Offshore Chinese Renminbi | -3 |
| label | percentage |
|---|---|
| US Dollar | 84 |
| Canadian Dollar | 4 |
| Swedish Krona | 4 |
| Norwegian Krone | 3 |
| Chinese Renminbi | 2 |
| Australian Dollar | 2 |
| Taiwan Dollar (New) | 1 |
| South Korean Won | 1 |
| Offshore Chinese Renminbi | -1 |
| South African Rand | -1 |
Top Ten Currencies represent the Fund's top ten currency exposures based on underlying currency exposure. Negative numbers indicate the Fund has investments that are expected to benefit if currency declines in value.
| As of Date | 3/31/2021 |
| 30 Day SEC Yield | 0.60% |
| Unsubsidized 30-Day SEC Yield | 0.60% |
Top Ten Issuers
| label | percentageholding |
|---|---|
| Japan Treasury Discount Bill | 17.25 |
| Canadian Government Bond | 11.80 |
| Australia Government Bond | 9.51 |
| Korea Treasury Bond | 5.84 |
| China Development Bank | 4.76 |
| Norway Government Bond | 3.93 |
| Kommuninvest I Sverige AB | 3.16 |
| U.S. Treasury Notes | 2.50 |
| New Zealand Government Bond | 1.54 |
| U.S. Treasury Bonds | 1.51 |
| Total Portfolio % | 61.80 |
| label | percentageholding |
|---|---|
| Japan Treasury Discount Bill | 20.83 |
| Canadian Government Bond | 11.51 |
| Australia Government Bond | 7.75 |
| Korea Treasury Bond | 6.51 |
| U.S. Treasury Notes | 5.04 |
| Norway Government Bond | 3.72 |
| Kommuninvest I Sverige AB | 3.15 |
| China Development Bank | 2.38 |
| FNMA Mortgage Backed Securities (POOLS) | 2.21 |
| Province of Ontario Canada | 1.88 |
| Total Portfolio % | 64.98 |
Credit Exposure (%)
| label | value |
|---|---|
| Aaa/AAA | 37 |
| Aa/AA | 8 |
| A | 26 |
| Baa/BBB | 2 |
| Ba/BB | 5 |
| B | 5 |
| Caa/CCC or lower | 0 |
| Not Rated | 3 |
| Cash & Cash Offsets | 14 |
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 highest rating is used. If only two agencies assign ratings, the highest 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.
Sector Exposure (%)
| label | currentpercentage |
|---|---|
| Developed Government | 38 |
| Cash and Cash Equivalents | 21 |
| Emerging Market Debt | 14 |
| High Yield Corporate Credit | 10 |
| Investment Grade Corporate Credit | 9 |
| Securitized Debt | 9 |
| Equities | 0 |
| Other | 0 |
| label | currentpercentage |
|---|---|
| Developed Government | 39 |
| Cash and Cash Equivalents | 23 |
| Emerging Market Debt | 11 |
| High Yield Corporate Credit | 7 |
| Investment Grade Corporate Credit | 9 |
| Securitized Debt | 11 |
| Equities | 0 |
| Other | 0 |
| Inception Date | 05/31/2011 |
| Symbol | HWDIX |
| CUSIP | 41664M235 |
| Fund Number | 1031 |
Managing Risk in Your Fixed-Income Portfolio
03/01/2021Changes in the economy and interest rates can have a big impact on your fixed-income portfolio.
Overcoming Low and Negative Yields
01/28/2021Depending on an investor’s domestic market, currency hedging could be used as a tool to not only help reduce volatility, but also potentially take advantage of yield differentials.
.jpg/_jcr_content/renditions/cq5dam.thumbnail.540.360.margin.jpeg)
2021 Outlooks (Wellington)
12/14/2020Thought leaders from Wellington Management provide their outlook on issues that may influence markets and portfolios going forward.
Financial Professionals:
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Fund LiteratureSelect All
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Fact Sheet12/31/2020 | pdfThis client flyer summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance. |
Fund Story12/31/2020 | pdfThis Fund Story outlines three distinguishing characteristics to help investors better understand the Fund.
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Commentary12/31/2020 | pdfCurrent quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund. |
Expanded Commentary12/31/2020 | 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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Wellington Fixed Income Overview12/31/2020 | pdfThis module provides an overview of Wellington Management Company's Fixed Income resources and capabilities
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World Bond Fund Pitchbook12/31/2020 | pdfThis Pitchbook reviews the Funds' investment approach, investment team, investment process, and general portfolio parameters.
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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. 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. • 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 or if the Fund focuses in a particular geographic region or country. • Investments in high-yield ("junk") bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities. • Mortgage-related and asset-backed securities' risks include credit, interest-rate, prepayment, and extension 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. • The Fund may invest in a smaller number of issuers, so it may be more exposed to risks and volatility than a more broadly diversified fund. • Restricted securities may be more difficult to sell and price than other 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. • 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.
All rights in the FTSE World Government Bond Index (the "Index") vest in the applicable company in the London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group") which owns the Index. FTSE® and Russell® (together "FTSE Russell") are trademarks of the relevant LSE Group company and are used by any other LSE Group company under license. The LSE Group does not accept any liability whatsoever to any person arising out of the use of, reliance on or any error in the Index. The LSE Group makes no claim, prediction, warranty or representation as to the results or the suitability of the Index for the purpose to which it is being used by Hartford Funds.
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