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Hartford Multifactor Large Cap Index   

TICKER
LROLCX Index
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Hartford Multifactor Large Cap Index   
Ticker - LROLCX Index

Overview

  • Enhance return potential through multifactor stock selection while applying a comprehensive risk framework to overall index construction.
  • Seek reduced volatility and drawdown risk and improve risk-adjusted returns (relative to capitalization weighted U.S. equity indexes) over a complete market cycle.

Description of Methodology

The index methodology seeks to enhance return potential through multifactor stock selection while applying a comprehensive risk framework to overall index construction. The rules-based proprietary methodology utilizes an optimization process to help achieve the desired composition and targeted characteristics, including reduced volatility, relative sector and size constraints, and positive value, momentum, and quality relative factor scores at the portfolio level. The Index seeks to harvest risk premia factors through systematic risk-and factor-weighted twice annually, with reconstitution occurring in March and September.

download metholodogy document  Hartford Multifactor Index Methodologies

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 3/31/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 3/31/2024)
YTD 1YR 3YR 5YR 10YR SI 1
Hartford Multifactor Large Cap Index 9.94 22.93 10.56 --- --- 11.55
 
CUMULATIVE %
(as of 3/31/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 3/31/2024)
YTD 1YR 3YR 5YR 10YR SI1
Hartford Multifactor Large Cap Index 9.94 22.93 10.56 --- --- 11.55

SI = Since Inception. Index Inception: 06/28/2019

Past performance does not guarantee future results.
Performance reflects cumulative total returns for periods of less than one year and average annual total returns for periods of one year or greater.

Indices are unmanaged and not available for direct investment.

Characteristics

KEY FACTS (as of 4/23/2024)
Ticker LROLCX Index
Inception Date 06/28/2019
Current Index Value 1620.21
Last Closing Level 1607.03
Change
Change %
52-Week-High 1682.05
52-Week-Low 1340.44
Number Of Holdings 366
Holdings Characteristics
% in Equities
100
Price/Book
4.1x
EPS Growth Rate
10.9%
Asset Weighted Market Cap (billions)
$267.0
Price/Earnings
21.1x
Return on Equity
31.3%
Median Market Cap (billions)
$24.8
Nominal Companies
397
Effective Companies
184
Debt to Equity
271.1%
Index Dividend Yield (%)
1.62
Sector Exposure (%)
Information Technology 26
Information Technology 26
Health Care 15
Industrials 12
Financials 11
Consumer Discretionary 10
Consumer Staples 8
Communication Services 6
Utilities 4
Real Estate 3
Materials 3
Energy 3
Important Notes

Hartford Multifactor Large Cap Index is the exclusive property of Lattice Strategies LLC (a wholly owned subsidiary of Hartford Funds Management Company, LLC) which has contracted with Solactive AG to maintain and calculate the Index. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards Lattice Strategies, Solactive AG has no obligation to point out errors in the Index to third parties.

Index returns do not represent actual fund or portfolio returns. A fund or portfolio may differ significantly from the index. The index does not reflect any management fees, transaction fees, brokerage expenses, or other expenses that may reduce returns. Index returns assume that dividends have been reinvested. Investors cannot invest directly in the Index.
Top Ten Holdings (%)
Broadcom Inc 1.84
Eli Lilly and Co 1.64
Microsoft Corp 1.50
Meta Platforms Inc 1.46
Merck & Co Inc 1.41
JPMorgan Chase & Co 1.25
AbbVie Inc 1.22
Johnson & Johnson 1.18
McDonald's Corp 1.11
Home Depot Inc. (The) 1.07
Total Portfolio % 13.68
Broadcom Inc 1.67
Microsoft Corp 1.44
Eli Lilly and Co 1.34
Merck & Co Inc 1.28
JPMorgan Chase & Co 1.21
Johnson & Johnson 1.21
McDonald's Corp 1.19
Apple Inc 1.18
AbbVie Inc 1.13
Meta Platforms Inc 1.12
Total Portfolio % 12.77
Market Cap Distribution (%)

Market Cap Header3

Less than $2B 0
$2B - $10B 16
$10B - $100B 45
Greater than $100B 39

Sources for all data: Bloomberg and Hartford Funds.
Investing involves risk, including the possible loss of principal.

 

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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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