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

Domestic Equity fund

Hartford MidCap Fund   

SHARE CLASS
NAV
$33.29
NAV CHANGE
Key Documents
      Actions

      Domestic Equity fund

      Hartford MidCap Fund   
      Share Class - R3 (HFMRX)

      On September 13, 2024, the Fund’s Class C shares performed a reverse stock split. The Fund’s Class C reverse stock split reduced the number of outstanding shares and proportionately increased the net asset value (“NAV”) per share with respect to only Class C shares of the Fund. However, the reverse stock split did not impact a shareholder’s total dollar value of an investment in Class C shares of the Fund.

      Objective

      Seeks long-term growth of capital.

      Overview

      A mid-cap fund that seeks to invest in “blue-chip” companies that are industry leaders

      Portfolio Management
      Philip W. Ruedi, CFA
      Senior Managing Director
      Equity Portfolio Manager
      14
      YRS
      MANAGING THIS FUND
      20
      YRS
      AT WELLINGTON MANAGEMENT
      31
      YRS
      EXPERIENCE IN THIS INDUSTRY
      Mark A. Whitaker, CFA
      Senior Managing Director
      Equity Portfolio Manager
      14
      YRS
      MANAGING THIS FUND
      20
      YRS
      AT WELLINGTON MANAGEMENT
      25
      YRS
      EXPERIENCE IN THIS INDUSTRY
      Timothy W. Egan, CFA
      Senior Managing Director
      Equity Portfolio Manager
      0
      YRS
      MANAGING THIS FUND
      18
      YRS
      AT WELLINGTON MANAGEMENT
      20
      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 MidCap R3 3.19 23.12 -3.78 5.00 7.45 10.83
      Benchmark 12.74 32.99 5.19 11.37 9.86 ---
      Morningstar Mid-Cap Growth Category 12.67 34.27 -2.17 10.20 9.99 ---
       
      CUMULATIVE %
      (as of 9/30/2024)
      AVERAGE ANNUAL TOTAL RETURNS %
      (as of 9/30/2024)
      YTD 1YR 3YR 5YR 10YR SI
      Hartford MidCap R3 5.40 18.29 -1.67 5.54 8.04 10.95
      Benchmark 13.54 26.79 7.47 11.78 10.32 ---
      Morningstar Mid-Cap Growth Category 12.68 26.45 -0.04 10.48 10.35 ---

      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: 12/31/1997

      Share Class Inception: 5/29/09.
      ClassR3-share performance prior to its inception date reflects Class Y-share performance and operating expenses. SI performance is calculated from 12/31/97.

      Characteristics

      FUND ESSENTIALS
      Inception Date 12/31/1997
      Net Assets $5.4 billion
      Total Operating Expenses 1.46%
      Morningstar Category Mid-Cap Growth
      Lipper Classification Mid-Cap Growth Funds
      CUSIP 41664M862
      Fund Number 1438
      FUND STATS
      # of Holdings
      		87
      % in Equities
      		100
      % in Foreign Equities
      		3
      Beta (3 year)
      		0.94
      R Squared (3 year)
      		0.90
      Standard Deviation
      		20.18%
      Turnover
      		35%
      Active Share
      		91%
      Holdings Characteristics
      FUND S&P MidCap 400 Index
      Price/Earnings
      		26.5x 14.9x
      Price/Book
      		6.5x 2.7x
      EPS Growth Rate
      		16.9% 11.9%
      Asset Weighted Market Cap (billions)
      		$22.3 $10.1
      Return on Equity
      		24.5% 20.3%
      Median Market Cap (billions)
      		$16.4 $7.0
      Top Ten Holdings (%)
      Targa Resources Corp. 2.89
      Datadog, Inc. 2.58
      Monolithic Power Systems, Inc. 2.46
      CyberArk Software Ltd. 2.26
      Hamilton Lane, Inc. 2.20
      NVR, Inc. 2.16
      Fair Isaac Corp. 2.15
      Tradeweb Markets, Inc. 2.14
      Morningstar, Inc. 2.11
      DraftKings, Inc. 1.99
      Total Portfolio % 22.94

      Full Portfolio Holdings
      Market Cap Distribution (%)

      Market Cap Header3
      Less than $2 billion 0
      $2 billion - $5 billion 2
      $5 billion - $10 billion 18
      Greater than $10 billion 80
      Not Classified 0
      RETURN CHARACTERISTICS
      Alpha (5 Year)
      		-4.61
      Down Capture (5 Year)
      		94.78
      Information Ratio (5 Year)
      		-0.89
      Sharpe Ratio (5 Year)
      		0.27
      Up Capture (5 Year)
      		81.57
      Sector Exposure (%)

      Exposure Chart Header

      FUND
      		 BENCHMARK UNDERWEIGHT / OVERWEIGHT

      Exposure Chart Header2

      		9/30/24 10/31/24 10/31/24 -15 0 15
      Information Technology 24 24 9
      Health Care 17 14 10
      Communication Services 3 3 1
      Consumer Discretionary 15 15 14
      Utilities 3 4 3
      Energy 4 4 5
      Consumer Staples 2 2 4
      Financials 12 14 17
      Industrials 17 18 23
      Real Estate 1 1 7
      Materials 1 1 7
      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.
      distributions and capital gains
      Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
      12/27/2023 29.72 $0.0000 $0.0000 $0.0000 $0.0000
      12/11/2023 27.88 $0.0000 $0.0000 $0.5913 $0.5913
      Past distributions are not indicative of future distributions.

      Fund Literature

      VIEW MY SAVED ITEMS
      Fact Sheet
      09/30/2024 - PDF (205 KB)
      This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
      SUBSCRIBE
      ORDER PRINTS
      SAVEd
      Commentary
      09/30/2024 - PDF (163 KB)
      Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the fund.
      SUBSCRIBE
      ORDER PRINTS
      SAVEd
      Expanded Commentary
      09/30/2024 - PDF (279 KB)
      Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
      SUBSCRIBE
      ORDER PRINTS
      SAVEd
      Quarterly Attribution Report
      09/30/2024 - PDF (171 KB)
      Attribution analysis is a method for evaluating the performance of a portfolio compared to the benchmark.
      SAVEd
      1 Year Attribution Report
      09/30/2024 - PDF (172 KB)
      Attribution analysis is a method for evaluating the performance of a portfolio compared to the benchmark.
      SAVEd
      Summary Prospectus
      PDF (156 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 (657 KB)
      This Pitchbook reviews the Fund's investment approach, investment team, investment process, and general portfolio parameters.
      SUBSCRIBE
      ORDER PRINTS
      SAVEd
      Financial Statements and Other Information – Semi-Annual
      PDF (3 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 (3 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. • Mid-cap securities can have greater risks and volatility than large-cap securities. • 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. • Financially material environmental, social and/or governance (ESG) characteristics are one of several factors that may be considered and as a result, the investment process may not work as intended.
      3845642