Hartford Global Impact Fund
Name
As of 11/28/2023Price
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
Vitals
YTD Return
4.2%
1 yr return
1.9%
3 Yr Avg Return
-1.7%
5 Yr Avg Return
7.1%
Net Assets
$185 M
Holdings in Top 10
25.5%
52 WEEK LOW AND HIGH
$13.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.89%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 37.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/28/2023Price
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
HGXYX - Profile
Distributions
- YTD Total Return 4.2%
- 3 Yr Annualized Total Return -1.7%
- 5 Yr Annualized Total Return 7.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.40%
- Dividend Yield 0.8%
- Dividend Distribution Frequency Annual
Fund Details
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Legal NameHartford Global Impact Fund
-
Fund Family NameHARTFORD FUNDS
-
Inception DateMar 01, 2017
-
Shares OutstandingN/A
-
Share ClassY
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTara Stilwell
Fund Description
The Fund seeks to achieve its objective by investing in equity securities of issuers located throughout the world, including non-dollar securities and securities of emerging market issuers. The Fund will normally invest at least 80% of its assets in securities of issuers that Wellington Management Company LLP (“Wellington Management”), the Fund’s sub-adviser, determines meet its impact investing criteria.For purposes of determining which companies meet its impact investing criteria, Wellington Management uses its proprietary research to identify companies that focus their core goods and services in areas that it believes are likely to address major social and environmental challenges. Wellington Management focuses on three broad impact areas: life essentials; human empowerment; and the environment. Wellington Management then targets specific themes that fit within this impact investing criteria. The impact themes align with many of the UN’s Sustainable Development Goals. As of March 1, 2023, these impact themes include sustainable agriculture and nutrition, health, clean water and sanitation, affordable housing, education and job training, financial inclusion, narrowing the digital divide, safety and security, alternative energy, resource stewardship, and resource efficiency. These areas are subject to change without notice to shareholders. Within this universe of companies, Wellington Management conducts fundamental analysis to identify what it believes to be attractive investments across economic sectors within both developed and emerging countries. As part of its fundamental analysis, Wellington Management may evaluate, for example, a company’s industry structure, asset quality, business environment, management quality, balance sheet, income statement, anticipated earnings, growth prospects, revenues and dividends, and other related measures or indicators of value. In addition to its focus on impact investing, Wellington Management also integrates the evaluation of environmental, social, and/or governance (“ESG”) characteristics (where available for a company)into its fundamental analysis.ESG characteristics are one of several factors that contribute to Wellington Management’s overall evaluation of the risk and return potential of a company.In addition to identifying investment opportunities through bottom-up fundamental research, Wellington Management generally excludes companies from the Fund’s investment universe that it determines to be primarily engaged in the following businesses: tobacco, firearms, defense, nuclear, coal, petroleum, alcohol, adult entertainment and gambling. Wellington Management believes that investment in such companies does not align with its impact investing criteria. These exclusions may be updated periodically by Wellington Management to, among other things, add or remove exclusion categories.The Fund may invest in companies of any market capitalization, including small and mid capitalization securities, located anywhere in the world, including the United States. Although the Fund has no limit on the amount it may invest in any single sector, it generally can be expected to emphasize investments in the health care and information technology sectors, as these sectors tend to include companies that address major social and/or environmental challenges. The Fund may also invest in depositary receipts or other securities that are convertible into securities of foreign issuers and could, at times hold a portion of its assets in cash. Under normal circumstances, the Fund will invest at least 40% of its net assets in foreign securities or derivative instruments or other investments with exposure to foreign securities of at least three different countries outside the United States. During periods of unfavorable market conditions, the Fund may reduce its exposure to foreign securities, but typically will continue to invest at least 30% of its net assets in foreign securities as described above. Investments are deemed to be “foreign” if: (a) an issuer’s domicile or location of headquarters is in a foreign country; (b) an issuer derives a significant proportion (at least 50%) of its revenues or profits from goods produced or sold, investments made, or services performed in a foreign country or has at least 50% of its assets situated in a foreign country; (c) the principal trading market for a security is located in a foreign country; or (d) it is a foreign currency.
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HGXYX - Performance
Return Ranking - Trailing
| Period | HGXYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.2% | -44.3% | 9.5% | 36.54% |
| 1 Yr | 1.9% | -51.1% | 24.7% | 18.06% |
| 3 Yr | -1.7%* | -6.4% | 28.0% | 28.38% |
| 5 Yr | 7.1%* | -4.2% | 18.3% | 20.80% |
| 10 Yr | N/A* | 1.0% | 13.7% | N/A |
* Annualized
Return Ranking - Calendar
| Period | HGXYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -23.1% | -50.5% | 18.8% | 29.05% |
| 2021 | 7.7% | -27.4% | 103.5% | 41.26% |
| 2020 | 30.6% | 3.5% | 66.4% | 25.00% |
| 2019 | 27.5% | -64.5% | 5.6% | 61.11% |
| 2018 | -22.0% | -9.3% | 49.7% | N/A |
Total Return Ranking - Trailing
| Period | HGXYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.2% | -44.3% | 9.5% | 33.33% |
| 1 Yr | 1.9% | -51.1% | 24.7% | 16.13% |
| 3 Yr | -1.7%* | -6.4% | 28.0% | 27.70% |
| 5 Yr | 7.1%* | -4.2% | 18.3% | 20.00% |
| 10 Yr | N/A* | 1.0% | 13.7% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | HGXYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -22.4% | -50.6% | 18.8% | 29.05% |
| 2021 | 11.0% | -27.4% | 103.5% | 41.26% |
| 2020 | 31.7% | 3.5% | 66.4% | 25.00% |
| 2019 | 28.0% | -64.5% | 5.6% | 15.08% |
| 2018 | -9.8% | -9.3% | 53.2% | N/A |
NAV & Total Return History
HGXYX - Holdings
Concentration Analysis
| HGXYX | Category Low | Category High | HGXYX % Rank | |
|---|---|---|---|---|
| Net Assets | 185 M | 2.31 M | 71.6 B | 46.25% |
| Number of Holdings | 69 | 31 | 9561 | 68.13% |
| Net Assets in Top 10 | 52.3 M | 452 K | 5.44 B | 44.38% |
| Weighting of Top 10 | 25.45% | 4.2% | 63.4% | 56.25% |
Top 10 Holdings
- Xylem Inc/NY 3.29%
- Boston Scientific Corp 2.77%
- Abbott Laboratories 2.73%
- Hubbell Inc 2.54%
- GoDaddy Inc 2.50%
- Westinghouse Air Brake Technologies Corp 2.48%
- Bank Rakyat Indonesia Persero Tbk PT 2.41%
- Globe Life Inc 2.38%
- Trane Technologies PLC 2.25%
- CyberArk Software Ltd 2.11%
Asset Allocation
| Weighting | Return Low | Return High | HGXYX % Rank | |
|---|---|---|---|---|
| Stocks | 96.93% | 40.59% | 104.41% | 70.63% |
| Cash | 2.51% | -4.41% | 47.07% | 28.13% |
| Other | 0.55% | -7.94% | 19.71% | 90.63% |
| Preferred Stocks | 0.00% | 0.00% | 1.04% | 85.63% |
| Convertible Bonds | 0.00% | 0.00% | 7.55% | 85.63% |
| Bonds | 0.00% | 0.00% | 8.07% | 85.63% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | HGXYX % Rank | |
|---|---|---|---|---|
| Industrials | 24.53% | 0.00% | 53.77% | 25.00% |
| Healthcare | 18.30% | 0.00% | 28.38% | 15.00% |
| Technology | 17.05% | 0.00% | 93.40% | 54.38% |
| Real Estate | 9.67% | 0.00% | 43.48% | 10.00% |
| Financial Services | 9.55% | 0.00% | 75.07% | 55.63% |
| Communication Services | 5.38% | 0.00% | 23.15% | 20.63% |
| Consumer Cyclical | 5.35% | 0.00% | 71.20% | 86.88% |
| Consumer Defense | 4.93% | 0.00% | 52.28% | 47.50% |
| Basic Materials | 2.84% | 0.00% | 26.39% | 70.63% |
| Utilities | 2.41% | 0.00% | 70.33% | 27.50% |
| Energy | 0.00% | 0.00% | 36.56% | 90.63% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | HGXYX % Rank | |
|---|---|---|---|---|
| US | 62.59% | 6.76% | 79.19% | 27.50% |
| Non US | 34.34% | 12.39% | 83.06% | 80.63% |
HGXYX - Expenses
Operational Fees
| HGXYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.89% | 0.43% | 2.93% | 86.25% |
| Management Fee | 0.62% | 0.30% | 1.25% | 28.75% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.03% | 0.15% | N/A |
Sales Fees
| HGXYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| HGXYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 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.
| HGXYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 37.00% | 7.00% | 145.00% | 58.52% |
HGXYX - Distributions
Dividend Yield Analysis
| HGXYX | Category Low | Category High | HGXYX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.84% | 0.00% | 14.18% | 88.75% |
Dividend Distribution Analysis
| HGXYX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Annually | Annually |
Net Income Ratio Analysis
| HGXYX | Category Low | Category High | HGXYX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.40% | -1.92% | 6.98% | 27.39% |
Capital Gain Distribution Analysis
| HGXYX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 30, 2021 | $0.088 | OrdinaryDividend |
| Dec 30, 2020 | $0.121 | OrdinaryDividend |
| Dec 30, 2019 | $0.047 | OrdinaryDividend |
| Dec 28, 2018 | $0.121 | OrdinaryDividend |
| Dec 28, 2017 | $0.185 | OrdinaryDividend |
HGXYX - Fund Manager Analysis
Managers
Tara Stilwell
Start Date
Tenure
Tenure Rank
Sep 27, 2019
2.68
2.7%
Tara Connolly Stilwell, CFA, Senior Managing Director and Equity Portfolio Manager of Wellington Management, is involved in portfolio management and securities analysis for the Hartford International Opportunities Funds. Tara is a portfolio manager on the International/Global Opportunities team. She contributes to the management of global and non-US equity portfolios, including the firm's International Opportunities, International Horizons, Global Opportunities and Global Horizons products. Prior to joining Wellington Management in 2008, Tara was as a portfolio manager with Goldman Sachs Asset Management International, where her responsibilities included the management of concentrated and diversified European Equity portfolios (1997 — 2007). She also served as portfolio manager at Goldman Sachs Asset Management International. Prior to this, Tara was an analyst in Goldman Sachs' investment banking division (1994 — 1997) and was a consultant at the Wharton Small Business Development Center (1993 — 1994). Tara received a BS in economics from the Wharton School and a BA in history from the University of Pennsylvania (1994). She holds the Chartered Financial Analyst designation and is a member of the Boston Security Analysts Society.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 39.6 | 7.02 | 9.33 |