• Markets have been rocked in the wake of two recent bank failures— Silicon Valley Bank and Silvergate Capital.
• Volatility in the banking sector could lead to tightening lending standards and could contribute to the overall tightening of financial conditions in the US.
• A resolution may be found with government aid and, if possible, a buyer who understands these issues and the way out. It should make the resolution faster and cleaner than what we saw in the Global Financial Crisis.

Important Risks: Investing involves risk, including the possible loss of principal.

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Mutual funds are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA. Certain funds are sub-advised by Wellington Management Company LLP. Wellington Management is an SEC registered investment adviser. HFD is not affiliated with any sub-adviser.