HMLTX — Hartford Multifactor Large Cap Value Fund
Data updated: 2021-08-26
HMLTX — Hartford Multifactor Large Cap Value Fund. Money Market · $1.28M AUM · 0.34% expense ratio. Holdings, fees, performance and SEC filings.
HMLTX Fund Overview
HMLTX — Hartford Multifactor Large Cap Value Fund is a US mutual fund managed by Hartford Mutual Funds Ii, INC, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Hartford Mutual Funds Ii, INC
- Category: Money Market
- Assets under management: $1.28M
- 1-year return: 34.5%
- Ticker: HMLTX
- SEC CIK: 0000049905
- SEC series ID: S000065577
- Share class ID: C000212130
HMLTX Investment Objective and Strategy
Hartford Multifactor Large Cap Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Hartford Mutual Funds Ii, INC.
Investment objective
The Fund seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of exchange traded value-oriented U.S. equity securities.
Principal investment strategy
The Fund seeks to provide investment results that, before fees and expenses, correspond to the total return performance of the Hartford Multifactor Large Cap Value Index (HMLCVX) (the Index), which seeks to outperform traditional cap-weighted U.S. equity market indices and active U.S. equity market strategies through a market cycle. From a starting universe of approximately 1000 of the largest U.S. companies by market capitalization and each security with an average daily trading volume exceeding $1 million, the Index methodology identifies companies exhibiting value-oriented characteristics and seeks to select those with a favorable combination of value, momentum and quality factors. Simultaneously, the Index methodology seeks to maintain similar sector and company size characteristics as the resulting value universe while reducing volatility by up to 15% compared to that of the traditional capitalization-weighted U.S.
equity market indices over a complete market cycle through the Index construction process. The Index is built with a rules-based, proprietary methodology that utilizes an optimization process to seek to achieve the desired composition and targeted characteristics. The Indexs components are risk- and factor-adjusted twice annually, with reconstitution and rebalance occurring in March and September. The Index was established on April 30, 2018. The components of the Index may range from 160 to 200, and the degree to which these components represent certain industries, may change over time. The Index, developed by Lattice, seeks to address identified risks within its asset class. For example, country, company, and currency concentrations, valuation insensitivity, and other unmanaged risk factors may be addressed through the index management process.
The Investment Manager uses a passive or indexing approach to try to achieve the Funds investment objective. The Fund does not try to beat the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued. Indexing may eliminate the chance that the Fund will substantially outperform the Index but also may reduce some of the risks of active management, such as over concentration. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies. Under normal conditions, the Fund will invest at least 80% of its net assets (plus the amount of borrowings for investment purposes) in securities that are components of the Index. The Fund may invest the remainder of its assets in securities that are not included in the Index that the sub-adviser believes will help the Fund track the Index and may include certain derivative instruments and cash and cash equivalents, including money market funds.
As of December 31, 2020, the components of the Index ranged in market capitalization from $3.32 billion to $546.28 billion. The market capitalization range of the Index changes over time. To the extent that the Index concentrates (i.e., holds 25% or more of its total assets) in the securities of a particular industry or group of industries, the Fund will do so in approximately the same amount as the Index. The Fund may lend securities representing up to one-third of the value of the Funds total assets (including the value of the collateral received) in accordance with the Funds securities lending program and guidelines. The Index is sponsored by Lattice. Lattice determines the composition and relative weightings of the securities in the Index and publishes information regarding the market value of the Index.
Lattice uses an optimization process, which includes both strategy risk controls (such as the minimum number of equities) and factor characteristics (such as value metrics), to determine which stocks are held in the Index and how they are weighted. The Index is calculated and distributed by Solactive AG. Additional information on the Index can be found at hartfordfunds.com.
HMLTX Performance
Total returns for HMLTX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 34.5% |
| 3 years (annualised) | 10.1% |
HMLTX Risk Information
Risk metrics for HMLTX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.2%
HMLTX Costs and Fees
HMLTX costs about $34 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.34%
- Gross expense ratio: 15.11%
- Portfolio turnover: 92%
- Brokerage commissions: 1.94 bps of average net assets (SEC N-CEN)
HMLTX Cashflows
Over the 12 months to 2021-06, Hartford Multifactor Large Cap Value Fund had net inflows of $24.28K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-06 | $0 |
| 2021-05 | $0 |
| 2021-04 | $0 |
| 2021-03 | $0 |
| 2021-02 | $0 |
| 2021-01 | $0 |
HMLTX Debt Constituents
No individual debt constituents are reported in Hartford Multifactor Large Cap Value Fund's latest SEC N-PORT filing.
HMLTX Prospectus and SEC Filings
Official Hartford Multifactor Large Cap Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-01-28
- Prospectus (485BPOS) — filed 2020-02-13
- Prospectus (485BPOS) — filed 2019-06-13
- Portfolio holdings (N-PORT) — filed 2021-08-26
- Portfolio holdings (N-PORT) — filed 2021-05-28
- Portfolio holdings (N-PORT) — filed 2021-02-24
- Annual census (N-CEN) — filed 2020-12-09
- Annual census (N-CEN) — filed 2019-12-13
Related Funds
Other Money Market funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.