The start of 2022 has been one marked by volatility across all markets, but bond markets in particular have had a wake-up call as rate hikes by the US Federal Reserve (Fed) and the Russia-Ukraine war have caused the ground to shift. With inflation and geopolitical risks top-of-mind for investors, volatility has roared back into the interest-rate and credit markets.

Important Risks: Investing involves risk, including the possible loss of principal. • Fixed income security risks include credit, liquidity, call, duration, event, and interest-rate risk. As interest rates rise, bond prices generally fall. • Foreign investments may be more volatile and less liquid than US 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 a fund focuses in a particular geographic region or country. • 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 US Government agencies are supported by varying degrees of credit but are generally not backed by the full faith and credit of the US Government. • Municipal securities may be adversely impacted by state/local, political, economic, or market conditions. Investors may be subject to the federal Alternative Minimum Tax as well as state and local income taxes. Capital gains, if any, are taxable. 

Hartford Floating Rate Fund should not be considered an alternative to CDs or money market funds. This Fund is intended for investors who are looking to complement their traditional fixed-income investments.

HSRT, HTRB, HCRB, and HMOP: The net asset value (NAV) of the funds’ shares may fluctuate due to changes in the market value of the funds’ holdings. The funds’ share prices may fluctuate due to changes in the relative supply of and demand for the shares on an exchange. The funds are actively managed and do not seek to replicate the performance of a specified index. • In certain instances, unlike other ETFs, the funds may effect creations and redemptions partly or wholly for cash, rather than in-kind, which may make the funds less tax-efficient and incur more fees than ETFs that primarily or wholly effect creations and redemptions in-kind.

FTSE World Government Bond Index is a market-capitalization-weighted index consisting of government bond markets. Country eligibility is determined based on market capitalization and investability criteria. All issues have a remaining maturity of at least one year. Indices are unmanaged and not available for direct investment.

“Bloomberg®” and any Bloomberg Index are service marks of Bloomberg Finance L.P. and its affi liates, 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 affi liated 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.

The views expressed herein are those of Wellington Management, are for informational purposes only, and are subject to change based on prevailing market, economic, and other conditions. The views expressed may not reflect the opinions of Hartford Funds or any other sub-adviser to our funds. They should not be construed as research or investment advice nor should they be considered an offer or solicitation to buy or sell any security. This information is current at the time of writing and may not be reproduced or distributed in whole or in part, for any purpose, without the express written consent of Wellington Management or Hartford Funds.