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

Multi-Strategy fund

Hartford Moderate Allocation Fund   

SHARE CLASS
NAV
$13.21
NAV CHANGE
Key Documents
      Actions

      Multi-Strategy fund

      Hartford Moderate Allocation Fund   
      Share Class - A (HBAAX)

      Objective

      Seeks long-term capital appreciation and income.

      Overview

      A multi-asset class fund-of-funds that combines fundamental macro analysis with quantitative tools to provide a diversified investment for moderate investors.

      Portfolio Management
      Vernon J. Meyer, CFA
      Managing Director and
      Chief Investment Officer
      8
      YRS
      MANAGING THIS FUND
      20
      YRS
      AT HARTFORD FUNDS
      37
      YRS
      EXPERIENCE IN THIS INDUSTRY
      Allison Mortensen, CFA
      Head of Multi-Asset Solutions and
      Managing Director
      8
      YRS
      MANAGING THIS FUND
      9
      YRS
      AT HARTFORD FUNDS
      30
      YRS
      EXPERIENCE IN THIS INDUSTRY
      Jim Glendon, CFA
      Portfolio Manager
      2
      YRS
      MANAGING THIS FUND
      8
      YRS
      AT HARTFORD FUNDS
      15
      YRS
      EXPERIENCE IN THIS INDUSTRY

      The portfolio managers are supported by the full resources of Hartford Funds Management Company.

      Performance

      PERFORMANCE %
       
      CUMULATIVE %
      (as of 10/31/2024)
      AVERAGE ANNUAL TOTAL RETURNS %
      (as of 10/31/2024)
      YTD 1YR 3YR 5YR 10YR SI
      Hartford Moderate Allocation A 10.85 23.38 2.24 6.03 5.18 5.32
      With 5.5% Max Sales Charge --- 16.60 0.33 4.83 4.58 5.02
      Benchmark 10.17 23.77 2.63 7.05 6.71 ---
      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 Moderate Allocation A 13.16 23.53 3.85 6.75 5.41 5.45
      With 5.5% Max Sales Charge --- 16.74 1.91 5.55 4.82 5.15
      Benchmark 12.73 23.45 4.50 7.90 7.09 ---
      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: 05/28/2004

      Excludes sales charges. If sales charges and taxes had been included, the value would have been lower.

      Characteristics

      FUND ESSENTIALS
      Inception Date 05/28/2004
      Net Assets $318 million
      Total Operating Expenses 1.03%
      Max Sales Charge 5.5%
      Morningstar Category Moderate Allocation
      Lipper Classification Mixed-Asset Target Alloc Moderate Funds
      CUSIP 416648749
      Fund Number 1670
      FUND STATS
      % in Fixed Income Funds
      		36
      % in Equity Funds
      		63
      Equity Holdings Characteristics
      Price/Earnings (Last 12 Months)
      		24.1x
      Price/Book
      		4.8x
      EPS Growth Rate (Last 5 Years)
      		15.4%
      Asset Weighted Market Cap (billions)
      		$558.6
      Return on Equity
      		31.8%
      Fixed-Income Holdings Characteristics
      Effective Duration
      		5.56 yrs
      Credit Exposure
      Aaa/AAA 17
      Aa/AA 46
      A 9
      Baa/BBB 15
      Ba/BB 5
      B 4
      Caa/CCC or lower 1
      Not Rated 4
      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 median rating is used. If only two agencies assign ratings, the lower 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.
      Underlying Funds (%)
      Hartford Core Equity Fund 19
      Hartford Core Bond ETF 13
      Hartford World Bond Fund 9
      Hartford Schroders Core Fixed Income Fund 8
      Hartford Large Cap Growth ETF 8
      Hartford Multifactor US Equity ETF 7
      Hartford International Opportunities Fund 6
      Hartford Strategic Income Fund 6
      Hartford Equity Income Fund 5
      Hartford Multifactor Developed Markets (ex-US) ETF 5
      Hartford Schroders International Multi-Cap Value Fund 5
      Hartford International Growth Fund 3
      Hartford Small Company Fund 2
      Hartford Small Cap Value Fund 2
      Hartford Schroders Emerging Markets Equity Fund 2

      Full Portfolio Holdings
      Fixed-Income Exposure (%)
      United States Government 23
      Mortgage Backed Securities 19
      Emerging Market Debt 16
      Investment Grade Credit 11
      Asset Backed Securities 7
      Developed Government and Related (Non-US $) 6
      Cash and Cash Equivalents 4
      High Yield Credit 4
      Other 4
      Commercial Mortgage Backed Securities 3
      Bank Loans 3
      Tax Exempt Municipal 0
      Yields (%) (as of 10/31/24)
      30-Day SEC Yield
      		1.93
      Unsubsidized 30-Day SEC Yield
      		1.93
      distributions and capital gains
      Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
      12/28/2023 11.71 $0.2428 $0.0000 $0.0000 $0.2428
      12/15/2023 11.78 $0.0000 $0.0000 $0.0000 $0.0000
      Past distributions are not indicative of future distributions.

      Fund Literature

      VIEW MY SAVED ITEMS
      Fact Sheet
      09/30/2024 - PDF (274 KB)
      This client flyer summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
      SUBSCRIBE
      ORDER PRINTS
      SAVEd
      Commentary
      09/30/2024 - PDF (213 KB)
      Current quarterly commentary which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
      SUBSCRIBE
      ORDER PRINTS
      SAVEd
      Summary Prospectus
      PDF (158 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
      Pitchbook
      09/30/2024 - PDF (413 KB)
      This Pitchbook reviews the Funds' investment approach, investment team, investment process, and general portfolio parameters.
      SUBSCRIBE
      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 invests in other underlying funds in a fund-of-funds structure. The ability of the Fund to meet its investment objective is directly related to the ability of the underlying funds to meet their objectives as well as the investment manager's allocation among those underlying funds. The Fund is subject to the risks of the underlying funds, in direct proportion to the amount of assets it invests in each underlying fund. The underlying funds are subject to the risks specific to their investment strategies, such as market, small- and mid-cap securities, foreign securities, emerging-market securities, fixed-income securities (which carry credit, liquidity, call, duration, and interest-rate risks), mortgage-related and asset-backed securities, and derivative risks, and to the extent the underlying fund is an ETF, risks associated with ETFs.

      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.

      The blended returns are calculated by Hartford Funds and include, among other index provider data, end of day index level values licensed from MSCI ("MSCI Data"). For the avoidance of doubt, MSCI is not the benchmark "administrator" for, or a "contributor", "submitter" or "supervised contributor" to, the blended returns, and the MSCI Data is not considered a "contribution" or "submission" in relation to the blended returns, as those terms may be defined in any rules, laws, regulations, legislation or international standards. MSCI Data is provided "AS IS" without warranty or liability and no copying or distribution is permitted. MSCI does not make any representation regarding the advisability of any investment or strategy and does not sponsor, promote, issue, sell or otherwise recommend or endorse any investment or strategy, including any financial products or strategies based on, tracking or otherwise utilizing any MSCI Data, models, analytics or other materials or information.
      3392660