The Hartford Mutual Funds: The Hartford Select SmallCap Value Fund
| Share Class: | A | B | C |
|---|---|---|---|
| Symbol: | HTVAX | HTVBX | HTVCX |
Categories:
Morningstar Category: Small-Cap ValueInvestment Goal
The Fund seeks capital appreciation.
Sub-advisers
Three-in-One: The Fund utilizes the experience and expertise of three proven investment management firms who employ distinct but complementary investment styles. HIFSCO, is responsible for oversight of these sub-advisers, and allocation of the funds cash flows among them.
SSgA FundsManagement, Inc. (SSgA FM) and its affiliated companies are one of the largest investment managers of institutional assets in the world. SSgA FM’s enhanced small cap value strategy is designed to draw on elements of passive and active investing to create a portfolio with similar characteristics to the Russell 2000 Value Index+, but also has the potential to provide excess returns.
Investment Team
13 member team with 14 years average investment experience.
Portfolio Managers
| Chuck Martin Vice President, Portfolio Manager State Street Global Advisors 14 Years of Professional Experience |
William H. DeRoche, CFA Vice President State Street Global Advisors 13 Years of Professional Experience |
MetropolitanWest CapitalManagement, LLC oversees and manages investment portfolios for institutional and individual clients throughout the United States and abroad. MetWest Capital specializes in large and small cap equity, international core value equity and balanced portfolios.
Portfolio Managers
| Samir Sikka Senior Vice President Metropolitan West Capital Management, LLC 12 Years of Professional Experience |
Kayne Anderson Rudnick Investment Management, LLC (KAR) is a registered investment adviser based in Los Angeles,CA. The firm manages a range of portfolios for its clients using a common disciplined, high-quality investment philosophy.
Portfolio Managers
|
Robert A. Schwarzkopf |
Julie Kutasov |
|
Craig Stone |
Investment Approach
The Fund seeks to achieve its goal by investing primarily in value style stocks of small capitalization companies. Under normal circumstances, the fund pursues its objective by investing at least 80% of its assets in common stocks of small companies, focusing on those companies whose stock prices are believed to be undervalued.
Disclosure
1 Beta - A measure of the risk that indicates the price sensitivity of a security or a portfolio relative to a specified market index.
2 5-year EPS growth - Average projected rate in earnings per share (net profit divided by number of shares outstanding) for the next 5 years.
3 P/E Ratio - The ratio of a stock's current price over its estimated future earnings, expressed as a multiple; it measures relative value.
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 2000 Value Index measures the performance of those Russell 2000 companies with lower price-to-book ratios and lower forecasted growth values. The index is unmanaged and not available for direct investment.
You should carefully consider investment objectives, risks, and charges and expenses of The Hartford Mutual Funds before investing. This and other information can be found in the Fund's prospectus, which can be obtained from your investment representative or by calling 888-843-7824. 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.
Small company investing generally involves higher risk and return characteristics than large-company stocks.
A portion of the Fund may be invested in foreign securities, and subject to the associated risks. Please see a prospectus for the current percentage.
The Fund uses a value style of investing. Overlooked or otherwise undervalued securities entail a significant risk of never attaining their potential value.
The investment styles employed by the fund's multiple sub-advisers may not be complementary and may result in the fund focusing on certain types of securities. The multiple sub-adviser approach could result in a high level of portfolio turnover, resulting in higher fund brokerage expenses and increased tax liability from the fund's realization of capital gains.
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
