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Name

As of 11/28/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

THE HARTFORD CHECKS AND BALANCES FUND

HCKTX | Fund

$9.08

$1.3 B

0.00%

0.69%

Vitals

YTD Return

7.9%

1 yr return

7.4%

3 Yr Avg Return

3.1%

5 Yr Avg Return

7.2%

Net Assets

$1.3 B

Holdings in Top 10

99.9%

52 WEEK LOW AND HIGH

$9.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.69%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 8.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 11/28/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

THE HARTFORD CHECKS AND BALANCES FUND

HCKTX | Fund

$9.08

$1.3 B

0.00%

0.69%

HCKTX - Profile

Distributions

  • YTD Total Return 7.9%
  • 3 Yr Annualized Total Return 3.1%
  • 5 Yr Annualized Total Return 7.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.25%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    THE HARTFORD CHECKS AND BALANCES FUND
  • Fund Family Name
    HARTFORD FUNDS
  • Inception Date
    Aug 29, 2008
  • Shares Outstanding
    N/A
  • Share Class
    R5
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Vernon Meyer

Fund Description

The Fund seeks its investment objective through investment in a combination of Hartford Funds (“Underlying Funds”). The Fund will allocate its assets to the Underlying Funds as follows: (1) one third to The Hartford Capital Appreciation Fund, (2) one third to The Hartford Dividend and Growth Fund, and (3) one third to the Hartford Total Return Bond ETF. The Hartford Capital Appreciation Fund normally invests at least 65% of its net assets in common stocks.The Hartford Capital Appreciation Fund may invest in securities of any market capitalization, but tends to focus on medium and large companies. The Hartford Dividend and Growth Fund invests primarily in a portfolio of equity securities that typically have above average dividend yields. The Hartford Dividend and Growth Fund tends to focus on securities of larger, well-established companies with market capitalizations similar to those of companies in the S&P 500 Index. Hartford Total Return Bond ETF under normal circumstances invests at least 80% of its net assets in bonds. Although the Hartford Total Return Bond ETF may invest in securities and other instruments of any maturity or duration, it normally invests in debt securities with a maturity of at least one year. There is no limit on the average maturity of the Hartford Total Return Bond ETF’s portfolio.The Fund will not be actively managed, and the Fund’s assets will be maintained as close to one-third in each Underlying Fund as is reasonably practicable, and within 5% of the target allocation. The Fund may hold cash or invest in one or more unaffiliated money market funds due to purchase and redemption activity and short-term cash needs. The Fund’s strategy provides a system of “checks and balances” that provides diversification and prevents a single investment strategy from dominating the Fund.
Read More

HCKTX - Performance

Return Ranking - Trailing

Period HCKTX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.9% -14.2% 20.6% 55.85%
1 Yr 7.4% -15.2% 17.6% 42.64%
3 Yr 3.1%* -6.5% 10.9% 35.32%
5 Yr 7.2%* -3.5% 11.4% 24.10%
10 Yr 5.9%* -0.1% 10.4% 36.64%

* Annualized

Return Ranking - Calendar

Period HCKTX Return Category Return Low Category Return High Rank in Category (%)
2022 -20.5% -34.7% 0.0% 72.66%
2021 7.3% -11.9% 18.1% 37.59%
2020 7.9% -20.9% 39.7% 47.34%
2019 12.0% 0.8% 25.7% 72.93%
2018 -12.8% -48.9% -1.0% 67.48%

Total Return Ranking - Trailing

Period HCKTX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.9% -14.2% 20.6% 55.85%
1 Yr 7.4% -15.2% 17.6% 42.64%
3 Yr 3.1%* -6.5% 10.9% 35.32%
5 Yr 7.2%* -3.5% 11.4% 24.10%
10 Yr 5.9%* -0.1% 10.4% 36.64%

* Annualized

Total Return Ranking - Calendar

Period HCKTX Return Category Return Low Category Return High Rank in Category (%)
2022 -13.1% -29.0% 10.9% 30.82%
2021 14.6% -2.9% 24.2% 33.09%
2020 13.2% -19.5% 40.6% 45.81%
2019 22.5% 4.4% 32.7% 15.34%
2018 -3.4% -29.5% 2.3% 18.45%

NAV & Total Return History

HCKTX - Holdings

Concentration Analysis

HCKTX Category Low Category High HCKTX % Rank
Net Assets 1.3 B 733 K 195 B 41.08%
Number of Holdings 4 2 15684 97.83%
Net Assets in Top 10 1.4 B 666 K 62.3 B 27.58%
Weighting of Top 10 99.92% 11.3% 120.5% 10.73%

Top 10 Holdings

  1. Hartford Dividend Growth Fund/The 33.75%
  2. Hartford Capital Appreciation Fund/The 33.63%
  3. Hartford Total Return Bond ETF 32.35%
  4. BlackRock Liquidity FedFund 0.18%

Asset Allocation

Weighting Return Low Return High HCKTX % Rank
Stocks 		99.74% 0.00% 100.08% 20.11%
Cash 		0.26% -10.21% 100.00% 75.14%
Convertible Bonds 		0.17% 0.00% 23.84% 81.94%
Preferred Stocks 		0.00% 0.00% 25.90% 27.45%
Other 		0.00% -42.00% 117.44% 42.93%
Bonds 		0.00% 0.00% 79.41% 57.34%

Stock Sector Breakdown

Weighting Return Low Return High HCKTX % Rank
Financial Services 		18.75% 0.00% 38.77% 9.60%
Technology 		17.58% 0.00% 44.21% 62.00%
Healthcare 		16.62% 0.00% 29.35% 11.93%
Industrials 		10.71% 0.00% 24.37% 39.64%
Consumer Cyclical 		8.87% 0.00% 19.36% 66.39%
Communication Services 		7.65% 0.00% 23.67% 37.86%
Consumer Defense 		6.87% 0.00% 15.14% 42.11%
Basic Materials 		3.86% 0.00% 33.35% 56.24%
Real Estate 		3.30% 0.00% 65.01% 51.44%
Utilities 		2.97% 0.00% 99.55% 46.23%
Energy 		2.82% 0.00% 85.65% 85.32%

Stock Geographic Breakdown

Weighting Return Low Return High HCKTX % Rank
US 		99.74% 0.00% 100.08% 20.11%
Non US 		0.00% 0.00% 40.39% 34.24%

HCKTX - Expenses

Operational Fees

HCKTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.69% 0.03% 17.63% 77.27%
Management Fee 0.00% 0.00% 1.83% 0.68%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.01% 0.83% 47.12%

Sales Fees

HCKTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

HCKTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HCKTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 8.00% 0.00% 343.00% 5.12%

HCKTX - Distributions

Dividend Yield Analysis

HCKTX Category Low Category High HCKTX % Rank
Dividend Yield 0.00% 0.00% 7.05% 27.74%

Dividend Distribution Analysis

HCKTX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Monthly Annual

Net Income Ratio Analysis

HCKTX Category Low Category High HCKTX % Rank
Net Income Ratio 1.25% -2.34% 19.41% 44.15%

Capital Gain Distribution Analysis

HCKTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

HCKTX - Fund Manager Analysis

Managers

Vernon Meyer

Start Date

Tenure

Tenure Rank

May 31, 2007

15.01

15.0%

Vernon J. Meyer, CFA, Managing Director and Chief Investment Officer of Hartford Funds Management Company, LLC. Prior to joining The Hartford in 2004, Mr. Meyer served as a vice president and managing director of MassMutual.

Allison Mortensen

Start Date

Tenure

Tenure Rank

Dec 01, 2015

6.5

6.5%

Allison Mortensen, CFA, Vice President, Head of Multi-Asset Solutions and Portfolio Manager of the Hartford Funds Management Company, LLC. Ms. Mortensen joined the Investment Manager in 2015. Prior to joining the Investment Manager, Ms. Mortensen served as a Senior Portfolio Manager at Aberdeen Asset Management, Inc. (formerly, Gartmore Global Investments) from 2004 to 2015. In this role, Ms. Mortensen developed and oversaw multi-asset, multi manager asset allocation strategies, and was responsible for dynamic asset allocation, portfolio construction and manager selection. Allison graduated with a BS in finance and computer science from the University of Richmond. She is a CFA Charterholder.

James Glendon

Start Date

Tenure

Tenure Rank

Mar 01, 2022

0.25

0.3%

James S. Glendon, CFA, Portfolio Manager at Hartford Funds, joined Hartford Funds Management Company in 2016. Mr. Glendon has over 12 years of asset management experience. Prior to joining Hartford, Mr. Glendon served as a Senior Analyst for FedEx Corporation’s employee pension plan from 2014 to 2016. In this role, Mr. Glendon was responsible for asset allocation, manager oversight, and portfolio construction. Prior to this, he was involved in loan trading at Vining Sparks and institutional client relations at SouthernSun Asset Management, an equity investment management firm.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 34.51 6.3 2.41

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