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Name

As of 04/16/2024

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 EQUITY INCOME FUND

HQIVX | Fund

$20.08

$5.12 B

3.42%

$0.69

0.65%

Vitals

YTD Return

-0.4%

1 yr return

6.2%

3 Yr Avg Return

5.9%

5 Yr Avg Return

9.2%

Net Assets

$5.12 B

Holdings in Top 10

25.6%

52 WEEK LOW AND HIGH

$20.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.65%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 24.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/16/2024

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 EQUITY INCOME FUND

HQIVX | Fund

$20.08

$5.12 B

3.42%

$0.69

0.65%

HQIVX - Profile

Distributions

  • YTD Total Return -0.4%
  • 3 Yr Annualized Total Return 5.9%
  • 5 Yr Annualized Total Return 9.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.90%
DIVIDENDS
  • Dividend Yield 3.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    THE HARTFORD EQUITY INCOME FUND
  • Fund Family Name
    HARTFORD FUNDS
  • Inception Date
    Nov 07, 2014
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    W. Michael Reckmeyer

Fund Description

Under normal circumstances, the Fund seeks to achieve its investment objective by investing at least 80% of its assets in equity securities. The Fund invests primarily in equity securities of companies with market capitalizations above $2 billion. At the time of investment, every equity security in which the Fund invests must pay a dividend or be expected to pay a dividend within the next 12 months. The sub-adviser, Wellington Management Company LLP (“Wellington Management”), uses fundamental analysis to identify securities that it believes offer above average yields, below average valuations and the potential for dividend increases in the future. Wellington Management’s fundamental analysis focuses on assessing valuation, quality and capital return with an emphasis on sustainable dividends. As part of this analysis, Wellington Management evaluates financial and competitive conditions, management quality, potential earnings, free cash flow, dividends, and other related measures or indicators of value. Wellington Management also may consider financially material environmental, social, and/or governance (“ESG”) characteristics (where available for a company) to assess the risk and return potential of a company. The Fund may invest up to 20% of its net assets in the securities of foreign issuers and non-dollar securities. Based on market or economic conditions, the Fund may, through its stock selection process, focus in one or more sectors of the market.
Read More

HQIVX - Performance

Return Ranking - Trailing

Period HQIVX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.4% -4.0% 15.6% 96.08%
1 Yr 6.2% -10.8% 35.4% 88.24%
3 Yr 5.9%* -4.7% 30.1% 51.53%
5 Yr 9.2%* -1.2% 42.9% 48.33%
10 Yr N/A* 1.1% 24.5% 21.06%

* Annualized

Return Ranking - Calendar

Period HQIVX Return Category Return Low Category Return High Rank in Category (%)
2023 -0.7% -24.9% 46.1% 86.75%
2022 -11.7% -65.1% 4.6% 46.54%
2021 14.9% -44.2% 57.5% 55.88%
2020 1.3% -23.2% 285.0% 34.33%
2019 16.2% -21.4% 48.5% 70.00%

Total Return Ranking - Trailing

Period HQIVX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.4% -4.0% 15.6% 96.08%
1 Yr 6.2% -10.8% 35.4% 88.24%
3 Yr 5.9%* -4.7% 30.1% 51.53%
5 Yr 9.2%* -1.2% 42.9% 48.33%
10 Yr N/A* 1.1% 24.5% 19.65%

* Annualized

Total Return Ranking - Calendar

Period HQIVX Return Category Return Low Category Return High Rank in Category (%)
2023 7.4% -15.9% 46.7% 78.20%
2022 -0.4% -42.0% 8.5% 10.55%
2021 25.6% 3.6% 129.7% 55.24%
2020 4.7% -22.6% 304.8% 33.96%
2019 26.3% -12.7% 52.1% 39.81%

NAV & Total Return History

HQIVX - Holdings

Concentration Analysis

HQIVX Category Low Category High HQIVX % Rank
Net Assets 5.12 B 1.09 M 163 B 20.53%
Number of Holdings 73 2 1689 56.76%
Net Assets in Top 10 1.3 B 420 K 33.9 B 20.41%
Weighting of Top 10 25.60% 4.8% 99.9% 59.19%

Top 10 Holdings

  1. Merck Co Inc 3.50%
  2. JPMorgan Chase Co 3.17%
  3. Pfizer Inc 2.94%
  4. ConocoPhillips 2.83%
  5. Johnson Johnson 2.56%
  6. EOG Resources Inc 2.30%
  7. Philip Morris International Inc 2.17%
  8. UnitedHealth Group Inc 2.13%
  9. Rio Tinto PLC 2.01%
  10. Cisco Systems Inc 1.98%

Asset Allocation

Weighting Return Low Return High HQIVX % Rank
Stocks 		98.70% 1.86% 108.42% 45.39%
Cash 		0.98% -0.79% 38.18% 59.17%
Other 		0.33% -3.53% 39.72% 18.26%
Preferred Stocks 		0.00% 0.00% 13.88% 62.02%
Convertible Bonds 		0.00% 0.00% 3.66% 60.45%
Bonds 		0.00% -0.71% 73.23% 61.07%

Stock Sector Breakdown

Weighting Return Low Return High HQIVX % Rank
Healthcare 		20.86% 0.00% 30.08% 14.40%
Financial Services 		16.75% 0.00% 58.05% 76.24%
Industrials 		12.96% 0.00% 42.76% 30.44%
Consumer Defense 		12.23% 0.00% 34.10% 16.83%
Technology 		9.64% 0.00% 54.02% 59.67%
Utilities 		7.38% 0.00% 27.04% 16.48%
Energy 		7.33% 0.00% 54.00% 60.02%
Basic Materials 		3.72% 0.00% 21.69% 44.75%
Consumer Cyclical 		3.42% 0.00% 22.74% 87.25%
Real Estate 		3.14% 0.00% 90.54% 43.28%
Communication Services 		2.55% 0.00% 26.58% 89.42%

Stock Geographic Breakdown

Weighting Return Low Return High HQIVX % Rank
US 		92.27% 1.86% 108.42% 81.57%
Non US 		6.43% 0.00% 27.89% 10.77%

HQIVX - Expenses

Operational Fees

HQIVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.65% 0.03% 14.82% 78.05%
Management Fee 0.61% 0.00% 1.50% 57.45%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

HQIVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

HQIVX 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.

HQIVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.00% 0.00% 488.00% 31.26%

HQIVX - Distributions

Dividend Yield Analysis

HQIVX Category Low Category High HQIVX % Rank
Dividend Yield 3.42% 0.00% 38.54% 51.68%

Dividend Distribution Analysis

HQIVX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Quarterly Quarterly Quarterly

Net Income Ratio Analysis

HQIVX Category Low Category High HQIVX % Rank
Net Income Ratio 1.90% -1.51% 4.28% 19.56%

Capital Gain Distribution Analysis

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

Distributions History

View More +

HQIVX - Fund Manager Analysis

Managers

W. Michael Reckmeyer

Start Date

Tenure

Tenure Rank

Oct 01, 2007

14.67

14.7%

W. Michael Reckmeyer, III, CFA, is Senior Managing Director , Partner, and Equity Portfolio Manager. Reckmeyer joined Wellington Management as an investment professional in 1994. As a member of the Value Team, Mike manages portfolios that have an emphasis on dividend income. Mike's mandate is to focus his research effort on large-capitalization, value-oriented stocks. While his research may include any industry, his primary area of coverage is insurance. Mike began his investment career in 1984 when he worked as an analyst following electrical equipment, aerospace, and pollution control companies (1984 —1986). This experience was followed by eight years at Kemper Financial Services where his research focus included paper and forest products, environmental services, and cable and cellular companies (1986 —1994). He received both his MBA (1984) and his BS in mechanical engineering (1981) from the University of Wisconsin. Mike holds the Chartered Financial Analyst designation and is a member of the Philadelphia Financial Analyst Society.

Adam Illfelder

Start Date

Tenure

Tenure Rank

Aug 08, 2019

2.81

2.8%

Adam H. Illfelder, CFA, is Senior Managing Director and Portfolio Manager and joined Wellington in 2005. He has been involved in portfolio management for the equity portion of the Fund since 2017 and has been involved in securities analysis for the Fund since 2008. He has 23 years of investment management experience. Mr. Illfelder earned his MBA from Northwestern University (Kellogg, 2001) and his BS in economics from the University of Pennsylvania (1997). Additionally, he holds the Chartered Financial Analyst designation and is a member of the CFA Institute.

Matthew Hand

Start Date

Tenure

Tenure Rank

Aug 08, 2019

2.81

2.8%

Matthew Hand, CFA, Managing Director and Equity Research Analyst of Wellington Management, has been involved in portfolio management for the Fund since 2019 and has been involved in securities analysis for the Fund since 2004. Mr. Hand joined Wellington Management as an investment professional in 2004.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 86.59 8.02 16.42

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