• Products
  • Insights
  • Practice Management
  • Resources
  • About Us

Multi-Strategy fund

Hartford Balanced HLS Fund   

SHARE CLASS
NAV
$31.30
NAV CHANGE
MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 682, 682, 639 and 487 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
overall (as of 10/31/2024)
682 PRODUCTS
Moderate Allocation Category
Based on Risk-Adjusted Returns
MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 682, 682, 639 and 487 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
overall (as of 10/31/2024)
682 PRODUCTS
Moderate Allocation Category
Based on Risk-Adjusted Returns
Key Documents
      Actions

      Multi-Strategy fund

      Hartford Balanced HLS Fund   
      Share Class - HLS IB (HAIBX)

      Effective 12/31/17, this Fund is closed to certain qualified pension and retirement plans. For more information, please refer to the fund’s statutory prospectus.

      Objective

      Seeks long-term total return.

      Overview

      A balanced fund which allocates to stocks and bonds based on fundamental analysis.

      Portfolio Management
      Adam H. Illfelder, CFA
      Senior Managing Director
      Equity Portfolio Manager
      7
      YRS
      MANAGING THIS FUND
      19
      YRS
      AT WELLINGTON MANAGEMENT
      27
      YRS
      EXPERIENCE IN THIS INDUSTRY
      Loren L. Moran, CFA
      Senior Managing Director
      Fixed-Income Portfolio Manager
      7
      YRS
      MANAGING THIS FUND
      10
      YRS
      AT WELLINGTON MANAGEMENT
      23
      YRS
      EXPERIENCE IN THIS INDUSTRY
      Matthew Hand, CFA
      Senior Managing Director
      Equity Portfolio Manager
      4
      YRS
      MANAGING THIS FUND
      20
      YRS
      AT WELLINGTON MANAGEMENT
      27
      YRS
      EXPERIENCE IN THIS INDUSTRY

      The portfolio managers are supported by the full resources of Wellington.

      Performance

      PERFORMANCE %
       
      CUMULATIVE %
      (as of 10/31/2024)
      AVERAGE ANNUAL TOTAL RETURNS %
      (as of 10/31/2024)
      YTD 1YR 3YR 5YR 10YR SI
      Hartford Balanced HLS IB 10.98 24.65 4.01 8.77 7.68 8.66
      Benchmark 13.20 26.03 4.93 9.33 8.60 ---
      Morningstar Moderate Allocation Category 10.63 22.70 3.15 7.42 6.57 ---
       
      CUMULATIVE %
      (as of 9/30/2024)
      AVERAGE ANNUAL TOTAL RETURNS %
      (as of 9/30/2024)
      YTD 1YR 3YR 5YR 10YR SI
      Hartford Balanced HLS IB 12.56 23.14 5.92 9.50 7.99 8.71
      Benchmark 14.76 25.55 6.87 9.93 8.94 ---
      Morningstar Moderate Allocation Category 12.27 21.99 4.89 8.01 6.89 ---

      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.

      SI = Since Inception. Fund Inception: 03/31/1983

      Hartford Balanced HLS Fund IB Share Morningstar Ratings
      overall
      (as of 10/31/2024)
      Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 682, 682, 639 and 487 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
      ©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
      682 PRODUCTS
      |
      Moderate Allocation Category
      Based on Risk-Adjusted Returns
      3 YEAR
      (as of 10/31/2024)
      Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 682, 682, 639 and 487 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
      ©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
      682 PRODUCTS
      |
      Moderate Allocation Category
      Based on Risk-Adjusted Returns
      5 YEAR
      (as of 10/31/2024)
      Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 682, 682, 639 and 487 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
      ©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
      639 PRODUCTS
      |
      Moderate Allocation Category
      Based on Risk-Adjusted Returns
      10 YEAR
      (as of 10/31/2024)
      Overall, 4 stars, 3-Year, 4 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 682, 682, 639 and 487 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
      ©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
      487 PRODUCTS
      |
      Moderate Allocation Category
      Based on Risk-Adjusted Returns

      Characteristics

      FUND ESSENTIALS
      Inception Date 03/31/1983
      Net Assets $1.7 billion
      Total Operating Expenses 0.91%
      Morningstar Category Moderate Allocation
      Lipper Classification Mixed-Asset Target Alloc Growth Funds
      CUSIP 416528818
      Fund Number 2046
      FUND STATS
      % in Equities
      		66
      % in Bonds
      		33
      Beta (3 year)
      		0.68
      R Squared (3 year)
      		0.94
      Turnover
      		57%
      Dividend Frequency
      		Semi-Annually
      Equity Holdings Characteristics
      Price/Earnings
      		16.9x
      Price/Book
      		4.1x
      EPS Growth Rate
      		14.1%
      Asset Weighted Market Cap (billions)
      		$487.7
      Median Market Cap (billions)
      		$59.7
      # of Equity Holdings
      		65
      Return on Equity
      		28.7%
      Fixed-Income Holdings Characteristics
      Effective Duration
      		6.23 yrs
      # of Fixed-Income Issuers
      		138
      Market Cap Distribution (%)

      Market Cap Header3
      Less than $2 billion 0
      $2 billion - $5 billion 0
      $5 billion - $10 billion 6
      Greater than $10 billion 94
      Not Classified 0
      Equity Sector Exposure (%)
      Information Technology 26
      Financials 20
      Health Care 16
      Industrials 12
      Consumer Discretionary 8
      Communication Services 8
      Consumer Staples 3
      Real Estate 3
      Energy 3
      Materials 1
      Utilities 0
      Information Technology 26
      Financials 19
      Health Care 17
      Industrials 12
      Consumer Discretionary 8
      Communication Services 7
      Consumer Staples 4
      Real Estate 3
      Energy 3
      Materials 1
      Utilities 0
      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.
      Top Ten Equity Holdings (%)
      Microsoft Corp. 5.00
      Alphabet, Inc. 3.45
      JP Morgan Chase & Co. 1.86
      Broadcom, Inc. 1.80
      UnitedHealth Group, Inc. 1.80
      Eli Lilly & Co. 1.53
      Salesforce, Inc. 1.40
      Visa, Inc. 1.33
      Cisco Systems, Inc. 1.30
      M&T Bank Corp. 1.21
      Total Portfolio % 20.68
      Top 10 Fixed Income Holdings (%)
      U.S. Treasury Notes 13.95
      U.S. Treasury Bonds 5.94
      Federal Home Loan Mortgage Corp. 0.63
      Capital One Financial Corp. 0.48
      Glencore Funding LLC 0.40
      Athene Global Funding 0.34
      Government National Mortgage Association 0.32
      UBS AG 0.27
      Pacific Gas & Electric Co. 0.27
      Bank of America Corp. 0.27
      Total Portfolio % 22.87

      Full Portfolio Holdings
      Fixed-Income Sector Exposure (%)
      United States Government 60
      Investment Grade Credit 32
      Asset Backed Securities 4
      Mortgage Backed Securities 4
      Other 0
      Cash, Cash Equivalents and Cash Offsets 0
      Commercial Mortgage Backed Securities 0
      High Yield Credit 0
      Bank Loans 0
      Developed Government and Related (Non-US $) 0
      Emerging Market Debt 0
      United States Government 59
      Investment Grade Credit 34
      Asset Backed Securities 4
      Mortgage Backed Securities 2
      Cash, Cash Equivalents and Cash Offsets 0
      Other 0
      Commercial Mortgage Backed Securities 0
      High Yield Credit 0
      Bank Loans 0
      Developed Government and Related (Non-US $) 0
      Emerging Market Debt 0
      distributions and capital gains
      Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
      8/23/2024 30.85 $0.0340 $0.0154 $1.7834 $1.8328
      12/22/2023 29.32 $0.4481 $0.0000 $0.0000 $0.4481
      Past distributions are not indicative of future distributions.

      Fund Literature

      VIEW MY SAVED ITEMS
      Summary Prospectus
      PDF (107 KB)
      A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
      ORDER PRINTS
      SAVEd
      Financial Statements and Other Information – Semi-Annual
      PDF (2 KB)
      An unaudited financial report, which includes a fund's financial statements. These reports are intended for shareholders and others who have reviewed the fund's prospectus.
      SAVEd
      Statutory Prospectus
      PDF (13 KB)
      A legal document that discloses essential information about a fund, including investment objectives, risks, fees, expenses, fund manager background and other information.
      SAVEd
      Financial Statements and Other Information – Annual
      PDF (2 KB)
      An audited financial report, which includes a fund's financial statements. These reports are intended for shareholders and others who have reviewed the fund's prospectus.
      SAVEd
      SAI
      PDF (13 KB)
      A document that supplements the fund's prospectus with additional information about the fund including its operations and risks.
      SAVEd
      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's strategy for allocating among different asset classes may not work as intended. • 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 U.S. investments and are subject to the risk of currency fluctuations and adverse political, economic and regulatory developments. • 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. • Mortgage-related and asset-backed securities' risks include credit, interest-rate, prepayment, and extension risk. • To the extent the Fund focuses on one or more sectors, the Fund may be subject to increased volatility and risk of loss if adverse developments occur.

      Hartford HLS Funds are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA. Advisory services are provided by Hartford Funds Management Company, LLC (HFMC). The Funds are sub-advised by Wellington Management Company LLP. HFMC and Wellington Management are SEC registered investment advisers. Hartford Funds refers to HFD and HFMC, which are not affiliated with any sub-adviser.

      BLOOMBERG® and any Bloomberg Index are service marks of Bloomberg Finance L.P. and its affiliates, 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 affiliated 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 Funds products.

      3527220