The Hartford Mutual Funds: The Hartford Floating Rate Fund
| Share Class: | A | B | C | I | R3 | R4 | R5 |
|---|---|---|---|---|---|---|---|
| Symbol: | HFLAX | HFLBX | HFLCX | HFLIX | HFLRX | HFLSX | HFLTX |
Categories:
Morningstar Category: Bank LoanInvestment Goal
The fund seeks to provide a high level of current income.
Portfolio Managers
Quarterly Portfolio Manager Commentary Additional Investment Resources |
Investment Approach
The Fund typically invests at least 80% in senior floating rate loans and securities that
are below-investment-grade. Senior floating rate (variable) loans are commonly made by banks to corporations. These senior floating rate loans are senior to other debt securities a corporation may issue and are usually secured by specific collateral. Because the interest rates of floating rate loans are reset periodically, they are typically less sensitive to changes in interest rates than fixed rate securities of similar maturities.

Disclosure
† Subject to change. Percentages may be rounded.
1 For consistency, coupon strips have been excluded.
2 The average coupon and yield to maturity do not represent the performance of the Fund. These statistics do not take into account any fees and expenses associated with investments or the Fund.
3 The average credit rating of Hartford Investment Management portfolios is calculated by a third party system that assigns a higher investment grade credit rating to U.S. Government securities.
‡ In the United States, 30-day yield is a standardized yield calculation for bond funds. The formula for calculating 30-day yield is specified by the U.S. Securities and Exchange Commission (SEC). The formula translates the bond fund's current portfolio income into a standardized yield for reporting and comparison purposes. A bond fund's 30-day yield may appear in the fund's "Statement of Additional Information (SAI)" in its prospectus.
†† “Distribution yield” for Funds that declare dividends daily is calculated by multiplying the sum of actual dividends for a class declared during a month by 12 (to annualize the yield) and dividing the sum by the net asset value per share (NAV) on the last business day of the dividend period. This calculation does not take into account any sales charges paid, which would reduce the results. The Distribution Yield for the Fund will fluctuate from month to month, and is not equivalent to the 30-day SEC yield of the Fund. You should consult the Fund’s prospectus under “Fund Distributions and Tax Matters” for additional information about the Fund’s dividends and distributions policy.
+ Duration of floating rate loans in the portfolio is estimated to be 0.25 years due to quarterly reset of the interest rate. Variations in duration of the portfolio are generally a result of cash and other bond holdings in portfolio.
2 Gross operating expenses shown are before management fee waivers or expense caps. Performance information may reflect historical or current expense waivers or reimbursements, without which, performance would have been lower. For more information on fee waivers and/or expense reimbursements, please see the expense table in the prospectus.
This material is authorized only when preceded or accompanied by a currently effective prospectus. The prospectus contains detailed information about the Fund, including investment objectives, risks, charges, and fees which should be considered carefully. Please read it carefully before you invest or send money.
Effective September 30, 2009, Class B shares of The Hartford Mutual Funds closed to new investors, and no new or additional investments, including investments through a systematic investment plan, will be allowed in Class B shares, except for permitted exchanges. For additional information about your privileges with respect to Class B shares, please refer to your prospectus and its supplements.
As this Fund focuses its investment in relatively fewer securities, the Fund may be subject to greater risks due to the larger positions taken in each security.
The Fund is subject to both credit and interest rate risk. Because the Fund invests mainly in investments rated below-investment-grade, it is subject to heightened credit risk. Share price, yield and total return may fluctuate more than with less aggressive loan and bond funds.
Investments in foreign securities may involve different and additional risks associated with foreign currencies, investment disclosure, accounting, securities regulation, commissions, taxes, political or social instability, war, or expropriation.
Bank loans are subject to the risk of nonpayment of principal or interest. Substantial increases in interest rates may cause an increase in loan defaults. Although the loans may be fully collateralized at the time of acquisition, the collateral may decline in value, be relatively illiquid, or lose all or substantially all of its value subsequent to investment. In addition, many loans are relatively illiquid and may be difficult to value, which may have an adverse impact on the Fund.
Floating Rate funds should not be considered alternatives to CDs or money market funds. The Hartford Floating Rate Fund is for clients who are looking to complement their traditional fixed-income investments. It should not be considered a CD or a money market alternative.
The Hartford Mutual Funds are underwritten and distributed by Hartford Investment Financial Services, LLC.
"The Hartford" is The Hartford Financial Services Group, Inc. and its subsidiaries.
MUT8394 1009
