Hartford Investor

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The Hartford Mutual Funds: The Hartford Balanced Income Fund

Sub-advised by Wellington Management Company, LLP

Categories:

Morningstar Category: Conservative Allocation

Investment Goal

The Fund seeks to provide current income with growth of capital as a secondary objective by investing in a mix of stocks and bonds.

Portfolio Manager

   Equity

W. Michael Reckmeyer III, CFA
Senior Vice President, Partner and Equity Portfolio Manager
Wellington Management Company, LLP
25 Years of Professional Experience
BS, University ofWisconsin
MBA, University ofWisconsin

Karen H. Grimes, CFA
Senior Vice President & Partner
Wellington Management Company, LLP

26 Years of Professional Experience
BBA, Georgia State University


Ian R. Link, CFA
Vice President and Equity Portfolio Manager
Wellington Management Company, LLP
20 Years of Professional Experience
BA, University of California, Davis
MBA, University of California, Berkeley

   Fixed income

Lucius T. Hill III
Senior Vice President & Partner
Wellington Management Company, LLP
24 Years of Professional Experience
BA, Yale University
MBA, Columbia Business School

Scott I. St. John, CFA
Vice President
Wellington Management Company, LLP
17 Years of Professional Experience
BS, Cornell University
MBA, University of Rochester


Quarterly Portfolio Manager Commentary

Additional Investment Resources
Portfolio Managers are supported by the full resources of the firm.

Investment Approach

The fund seeks to achieve its goal by investing in a mix of equity securities and fixed
income investments.


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Disclosure

* From 10/1/09 - 10/31/2010, a fee waiver is in effect.

1 Net operating expenses are the expenses you are currently paying to own the Fund. If the net operating expenses shown are lower than the gross operating expenses, then the net operating expenses reflect fee waivers and/or expense reimbursements that may not be renewed. For more information about the amount of fee waivers and/or expense reimbursements and their expiration dates, please see the expense table in the prospectus.

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.

Subject to change. Percentages may be rounded.

+ Russell 1000 Value Index is an index that measures the performance of those Russell 1000 companies with higher price-to-book ratios and higher forecasted growth values. The index is unmanaged and not available for direct investment.

1 5-year EPS growth - Average projected rate in earnings per share (net profit divided by number of shares outstanding) for the next 5 years.

2 P/E Ratio - The ratio of a stock's current price over its estimated future earnings, expressed as a multiple; it measures relative value.

3 For consistency, coupon strips have been excluded.

4 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.

5 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.

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.

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.

The Fund is subject to both credit and interest rate risk. The Fund's share price and yield will be affected by interest rate movements, with bond prices generally moving in the opposite direction from interest rates. Credit risk refers to the bond issuers ability to make timely payments of principal and interest.

High-yield securities, or "junk bonds", are rated lower than investment-grade bonds because there is a greater possibility that the issuer may be unable to make interest and principal payments on those securities.

The Fund may invest in small and mid-cap companies. Small company investing and, to a lesser extent, mid-cap investing involves higher risks than large-company investing.

As an asset allocation Fund that has set limits on the amount of assets it may invest in any one asset class, the Fund has less flexibility in it investment strategy than non-allocation funds.

Wellington Management Company, LLP is an independent and unaffiliated sub-adviser to The Hartford.

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

Not insured by FDIC or Any Federal Agency; May lose value; Not a deposit of or guaranteed by any bank or any bank affiliate