0001193125-23-144268.txt : 20230515 0001193125-23-144268.hdr.sgml : 20230515 20230515090459 ACCESSION NUMBER: 0001193125-23-144268 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20230515 DATE AS OF CHANGE: 20230515 EFFECTIVENESS DATE: 20230515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HARTFORD MUTUAL FUNDS II INC CENTRAL INDEX KEY: 0000049905 IRS NUMBER: 416009937 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-11387 FILM NUMBER: 23918834 BUSINESS ADDRESS: STREET 1: 690 LEE ROAD CITY: WAYNE STATE: PA ZIP: 19087 BUSINESS PHONE: 610-386-4068 MAIL ADDRESS: STREET 1: 690 LEE ROAD CITY: WAYNE STATE: PA ZIP: 19087 FORMER COMPANY: FORMER CONFORMED NAME: Hartford Schroders US MidCap Opportunities Fund DATE OF NAME CHANGE: 20190501 FORMER COMPANY: FORMER CONFORMED NAME: HARTFORD MUTUAL FUNDS II INC DATE OF NAME CHANGE: 20020419 FORMER COMPANY: FORMER CONFORMED NAME: HARTFORD FORTIS SERIES FUND INC DATE OF NAME CHANGE: 20020215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HARTFORD MUTUAL FUNDS INC/CT CENTRAL INDEX KEY: 0001006415 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-02381 FILM NUMBER: 23918835 BUSINESS ADDRESS: STREET 1: 690 LEE ROAD CITY: WAYNE STATE: PA ZIP: 19087 BUSINESS PHONE: 610-386-4068 MAIL ADDRESS: STREET 1: 690 LEE ROAD CITY: WAYNE STATE: PA ZIP: 19087 FORMER COMPANY: FORMER CONFORMED NAME: Hartford Multi-Asset Income & Growth Fund DATE OF NAME CHANGE: 20190501 FORMER COMPANY: FORMER CONFORMED NAME: HARTFORD MUTUAL FUNDS INC/CT DATE OF NAME CHANGE: 19970613 FORMER COMPANY: FORMER CONFORMED NAME: ITT HARTFORD MUTUAL FUNDS INC DATE OF NAME CHANGE: 19960226 0000049905 S000004013 THE HARTFORD GROWTH OPPORTUNITIES FUND C000011236 Class A HGOAX C000011238 Class C HGOCX C000011243 Class Y HGOYX C000035166 Class I HGOIX C000040918 Class R3 HGORX C000040919 Class R4 HGOSX C000040920 Class R5 HGOTX C000148302 Class R6 HGOVX C000185805 Class F HGOFX 0000049905 S000004014 THE HARTFORD SMALL CAP GROWTH FUND C000011245 Class A HSLAX C000011247 Class C HSLCX C000011252 Class Y HSLYX C000035167 Class I HSLIX C000040921 Class R3 HSLRX C000040922 Class R4 HSLSX C000040923 Class R5 HSLTX C000148303 Class R6 HSLVX C000185807 Class F HSLFX 0000049905 S000004018 Hartford Quality Value Fund C000011280 Class A HVOAX C000011282 Class C HVOCX C000011287 Class Y HVOYX C000035168 Class I HVOIX C000040924 Class R3 HVORX C000040925 Class R4 HVOSX C000040926 Class R5 HVOTX C000185811 Class F HVOFX C000200562 Class R6 HVOVX 0001006415 S000003576 THE HARTFORD HEALTHCARE FUND C000009932 Class A HGHAX C000009934 Class C HGHCX C000009935 Class Y HGHYX C000035170 Class I HGHIX C000040933 Class R3 HGHRX C000040934 Class R4 HGHSX C000040935 Class R5 HGHTX C000185697 Class F HGHFX C000211746 Class R6 HGHVX 0001006415 S000003588 THE HARTFORD MIDCAP FUND C000009977 Class A HFMCX C000009979 Class C HMDCX C000009980 Class Y HMDYX C000074606 Class I HFMIX C000077363 Class R3 HFMRX C000077364 Class R4 HFMSX C000077365 Class R5 HFMTX C000148293 Class R6 HFMVX C000185713 Class F HMDFX 0001006415 S000003589 THE HARTFORD MIDCAP VALUE FUND C000009981 Class A HMVAX C000009983 Class C HMVCX C000009984 Class Y HMVYX C000089743 Class R4 HMVSX C000089744 Class R5 HMVTX C000089745 Class I HMVJX C000089746 Class R3 HMVRX C000185715 Class F HMVFX C000237833 Class R6 HMVUX 0001006415 S000003592 HARTFORD SMALL CAP VALUE FUND C000009993 Class A HSMAX C000009995 Class C HTSCX C000009996 Class Y HSMYX C000105487 Class R3 HSMRX C000105488 Class R4 HSMSX C000105489 Class R5 HSMTX C000155858 Class I HSEIX C000185717 Class F HSMFX C000200565 Class R6 HSMVX 0001006415 S000003597 THE HARTFORD SMALL COMPANY FUND C000010012 Class A IHSAX C000010014 Class C HSMCX C000010015 Class Y HSCYX C000035177 Class I IHSIX C000040969 Class R3 IHSRX C000040970 Class R4 IHSSX C000040971 Class R5 IHSUX C000148294 Class R6 IHSVX C000185723 Class F IHSFX 0001006415 S000003604 THE HARTFORD CAPITAL APPRECIATION FUND C000010038 Class A ITHAX C000010040 Class C HCACX C000010041 Class Y HCAYX C000035178 Class I ITHIX C000040984 Class R3 ITHRX C000040985 Class R4 ITHSX C000040986 Class R5 ITHTX C000148295 Class R6 ITHVX C000185725 Class F HCAFX 0001006415 S000003609 HARTFORD CORE EQUITY FUND C000010057 Class A HAIAX C000010059 Class C HGICX C000010060 Class Y HGIYX C000040999 Class R3 HGIRX C000041000 Class R4 HGISX C000041001 Class R5 HGITX C000155859 Class I HGIIX C000155860 Class R6 HAITX C000179839 Class F HGIFX 0001006415 S000003610 THE HARTFORD DIVIDEND AND GROWTH FUND C000010061 Class A IHGIX C000010063 Class C HDGCX C000010064 Class Y HDGYX C000035182 Class I HDGIX C000041002 Class R3 HDGRX C000041003 Class R4 HDGSX C000041004 Class R5 HDGTX C000148297 Class R6 HDGVX C000185733 Class F HDGFX 0001006415 S000003611 THE HARTFORD EQUITY INCOME FUND C000010065 Class A HQIAX C000010067 Class C HQICX C000010068 Class Y HQIYX C000035183 Class I HQIIX C000041005 Class R3 HQIRX C000041006 Class R4 HQISX C000041007 Class R5 HQITX C000148298 Class R6 HQIVX C000185735 Class F HQIFX 497 1 d405777d497.htm HARTFORD DOMESTIC EQUITY FUNDS Hartford Domestic Equity Funds
MAY 15, 2023
SUPPLEMENT TO THE FOLLOWING PROSPECTUSES:
HARTFORD QUALITY VALUE FUND SUMMARY PROSPECTUS
DATED MARCH 1, 2023, AS SUPPLEMENTED
HARTFORD DOMESTIC EQUITY FUNDS PROSPECTUS
DATED MARCH 1, 2023, AS SUPPLEMENTED TO DATE
This Supplement contains new and additional information regarding Hartford Quality Value Fund and should be read in connection with your Summary Prospectus and Statutory Prospectus.
At a meeting held on May 10, 2023, the Board of Directors (the “Board”) of The Hartford Mutual Funds II, Inc. approved the Conversion (as defined below) of Hartford Quality Value Fund into an exchange-traded fund ( “ETF”), which will be managed by Hartford Funds Management Company, LLC (“HFMC”). The Board, including all of the Directors who are not “interested persons” (as defined in the Investment Company Act of 1940, as amended) of Hartford Quality Value Fund, determined that the Conversion is in the best interest of the fund and that the interests of existing shareholders of the fund will not be diluted as a result of the Conversion.
Hartford Quality Value Fund (the “Acquired Fund”) will be converted to an ETF through the reorganization of the Acquired Fund into a newly-created ETF, Hartford Quality Value ETF (the “Acquiring Fund”), which will be a series of Hartford Funds Exchange-Traded Trust. The Acquired Fund and the Acquiring Fund have identical investment objectives and investment strategies, as well as identical fundamental investment policies. Following the reorganization, the Acquired Fund will be liquidated (reorganization and liquidation, collectively, the “Conversion”). The table below sets forth the Acquired Fund, Acquiring Fund and the anticipated closing date for the Conversion (the “Conversion Date”): 
Acquired Fund
Acquiring Fund
Conversion Date
Hartford Quality Value Fund
Hartford Quality Value ETF
October 13, 2023
HFMC believes that the Conversion will provide multiple benefits for shareholders of the Acquired Fund, including lower net expenses, additional trading flexibility with respect to fund shares, increased portfolio holdings transparency and potential enhanced tax efficiency.
The Conversion will be conducted pursuant to an Agreement and Plan of Reorganization and Liquidation (the “Plan”). The Conversion is structured to be a tax-free reorganization under the U.S. Internal Revenue Code of 1986, as amended. As a result, Acquired Fund shareholders generally will not recognize a taxable gain (or loss) for U.S. tax purposes as a result of the Conversion (except with respect to cash received, as explained elsewhere in this Supplement).
In connection with the Conversion, eligible shareholders of the Acquired Fund will receive shares of the Acquiring Fund equal in value to the number of shares of the Acquired Fund they own immediately prior to the Conversion, as well as a cash payment in lieu of any fractional shares of the Acquiring Fund, which cash payment may be taxable.
Importantly, in order to be eligible to receive shares of the Acquiring Fund as part of the Conversion, Acquired Fund shareholders must hold their shares of the Acquired Fund through a brokerage account that can accept shares of an ETF (the Acquiring Fund). If Acquired Fund shareholders do not hold their shares of the Acquired Fund through that type of brokerage account, they will not receive shares of the Acquiring Fund as part of the Conversion. For Acquired Fund shareholders that do not currently hold their shares of the Acquired Fund through a brokerage account that can hold shares of the Acquiring Fund, please see the Q&A that follows for additional actions that such Acquired Fund shareholders must take to receive shares of the Acquiring Fund as part of the Conversion. No further action is required for Acquired Fund shareholders that hold shares of the Acquired Fund through a brokerage account that can hold shares of the Acquiring Fund.
Completion of the Conversion is subject to a number of conditions under the Plan, but shareholders of the Acquired Fund are not required to approve the Conversion. Existing Acquired Fund shareholders will receive an information statement/prospectus describing in detail both the Conversion and the Acquiring Fund, and summarizing the Board’s considerations in approving the Conversion.
Now that the Conversion has been approved, the actions described in the Supplement dated March 1, 2023 as being contingent upon Board approval will become effective on June 1, 2023. These actions include:
•
Class A, C, R3, R4, R5 and R6 Shares of the Acquired Fund will be closed to new investors with certain exceptions;
•
New accounts may no longer be established directly through Hartford Funds Distributors, LLC (the “Distributor”);
•
No contingent deferred sales charge (“CDSC”) will be imposed on redemptions of the Class A or Class C shares of the Acquired Fund;
•
No sales charges will be imposed on purchases of Class A shares of the Acquired Fund;
•
Any current Letter of Intent (LOI) under which Class A shares of the Acquired Fund were purchased will be considered completed; and
•
Distribution and service (Rule 12b-1) fees on all applicable Acquired Fund share classes will be waived.
In anticipation of the Conversion, purchase orders, exchange orders, and redemption orders will only be accepted by the Acquired Fund until the dates indicated below: 
Acquired Fund
Final Date to Purchase Acquired Fund
Shares
Final Date to Redeem Acquired Fund
Shares or Exchange Acquired Fund
Shares for Shares of Another Hartford
mutual fund
Hartford Quality Value Fund
October 11, 2023
October 12, 2023
 
As of October 6, 2023, the Acquired Fund’s Class A, C, I, Y, R3, R4, R5 and R6 shareholders (the “Converting Shareholders”) whose shares are held in brokerage accounts are no longer eligible to hold Class A, C, I, Y, R3, R4, R5 and R6 shares of the Acquired Fund. As of that same date, Class F shares’ eligibility requirements are revised such that all Converting Shareholders may invest in Class F shares without regard to an investment minimum. As of October 6, 2023, shares of the Acquired Fund held by Converting Shareholders will be automatically converted to Class F shares of the Acquired Fund.
IMPORTANT NOTICE ABOUT YOUR FUND ACCOUNT
QUESTIONS AND ANSWERS
The following is a brief Q&A that provides information to help you to determine if you need to take action with respect to your shareholder account prior to the Conversion in order to receive shares of the Acquiring Fund.
Q.
What types of shareholder accounts can receive shares of the Acquiring Fund as part of the Conversion?
A. If you hold your shares of the Acquired Fund in a brokerage account that permits you to purchase securities traded in the stock market, such as ETFs or other types of stocks, then you will be eligible to receive shares of the Acquiring Fund in the Conversion. No further action is required.
Q. What types of shareholder accounts cannot receive shares of the Acquiring Fund as part of the Conversion and what will happen if I have such an account?
A. The following account types cannot hold shares of ETFs:
Non-Accommodating Brokerage Accounts. If you hold your shares of the Acquired Fund in a brokerage account with a financial intermediary that only allows you to hold shares of mutual funds in the account, you will need to contact your financial intermediary to set up a brokerage account that permits investments in ETF shares. If such a change is not made before the Conversion, you will not receive shares of the Acquiring Fund as part of the Conversion. Instead, your investment will be liquidated and you will receive cash equal in value to the NAV of your Acquired Fund shares as of the Conversion Date, which is a taxable event.
Retirement Accounts Held with Financial Intermediary. If you hold your shares of the Acquired Fund through an individual retirement account (“IRA”) or group retirement plan whose plan sponsor does not have the ability to hold shares of ETFs on its platform, you may need to redeem your shares prior to the Conversion or, if applicable, your financial intermediary may transfer your investment in the Acquired Fund to a different investment option prior to the Conversion.
Directly Held Retirement and Qualified Accounts. If you own Acquired Fund shares directly with the Acquired Fund in a retirement account, such as an IRA, or Coverdell account through Hartford Funds and maintained by UMB Bank, n.a. (a “Directly Held Qualified Account”), we encourage you to (i) transfer your Acquired Fund shares to a brokerage account that can accept shares of the ETF and be established as a Qualified Account prior to October 6, 2023 (see “Direct Accounts” below for more information) or (ii) provide instructions for the exchange or reinvestment of Acquired Fund shares prior to the Conversion. If a Directly Held Qualified Account shareholder does not provide instructions prior to the Conversion, your Acquired Fund shares will –    without any further notice –    be automatically exchanged on the Conversion Date for shares of The Hartford Short Duration Fund (“Short Duration Fund”). This automatic exchange provision is disclosed in the custodial agreement between the shareholder and UMB Bank, n.a. and is applicable to each Directly Held Qualified Account. The Short Duration Fund has a different investment objective and different principal strategies and principal risks than the Acquired Fund. If you do not wish for your Acquired Fund shares to be automatically exchanged for shares of the Short Duration Fund, you must contact the Acquired Fund at 1-888-843-7824 before the Conversion Date, which currently is scheduled for October 13, 2023, but may occur sooner. If the Acquired Fund does not receive any instructions prior to the Conversion Date, your Acquired Fund shares held in the Directly Held Qualified Account will be exchanged for shares of the same class of the Short Duration Fund. More information will be provided in a separate letter to Directly Held Qualified Account shareholders.
Direct Accounts. If you hold your shares of the Acquired Fund in an account directly with the Acquired Fund at its transfer agent (i.e. not plan level or an omnibus position), Hartford Administrative Services Company (“Direct Account”), you should transfer your shares of the Acquired Fund to a brokerage account that can accept shares of the Acquiring Fund prior to October 6, 2023. If such a change is not made before October 6, 2023, you will not receive shares of the Acquiring Fund as part of the Conversion. Instead, your investment will be liquidated and you will receive cash equal in value to the NAV of your Acquired Fund shares as of the Conversion Date, which is a taxable event.
In some cases, the liquidation of your investment and return of cash, or the transfer of your investment to another fund, may be subject to fees and expenses and may also be subject to tax. It may take time for you to receive your cash. Please consult with your financial intermediary for more information on the impact that the Conversion will have on you and your investments.
If you are unsure about the ability of your account to accept shares of the Acquiring Fund, please call 1-888-843-7824 or contact your financial professional or other financial intermediary.
Q. How do I transfer my Acquired Fund shares from a Directly Held Retirement and Qualified Account to a brokerage account that will accept Acquiring Fund shares?
A. Transferring your shares from a Directly Held Retirement and Qualified Account to a brokerage account that can accept shares of the Acquiring Fund should be a simple process. If you have a brokerage account or a relationship with a brokerage firm, please talk to your broker and inform the broker that you would like to transfer a mutual fund position that you hold directly with the Acquired Fund into your brokerage account. Also inform your broker that such an account will need to be set up to accept shares of an ETF, such as the Acquiring Fund. If you do not have a brokerage account or a relationship with a brokerage firm, you will need to open an account.
We suggest you provide your broker with a copy of your quarterly statement from the Acquired Fund. Your broker will require your account number with the Acquired Fund, which can be found on your statement. Your broker will help you complete a form to initiate the transfer. Once you sign that form, your broker will submit the form to the Acquired Fund’s transfer agent directly, and the shares will be transferred into your brokerage account. The sooner you initiate the transfer, the better.
Q. How do I transfer my Acquired Fund shares from a Non-Accommodating Brokerage Account to a brokerage account that will accept Acquiring Fund shares?
A. The broker where you hold your Acquired Fund shares should be able to assist you in changing the characteristics of your brokerage account to an account that is permitted to invest in ETF shares. Contact your broker right away to make the necessary changes to your account.
Q. What if I do not want to own shares of the Acquiring Fund?
A. If you do not want to receive shares of the Acquiring Fund in connection with the Conversion, shareholders of the Acquired Fund may redeem their shares of the Acquired Fund and receive the NAV thereof prior to the Conversion, pursuant to the procedures set forth in the Prospectus. Shareholders may exchange their Acquired Fund shares for shares of the same class of another eligible Hartford Fund. Under certain limited circumstances, you may also be able to exchange Class R6 shares of the Acquired Fund for Class SDR shares of other Hartford Funds mutual funds. Before exchanging shares, you should carefully read the Prospectus section entitled “How to Buy and Sell Shares - Exchanging Shares.” Prior to either redeeming or exchanging shares of the Acquired Fund, however, you should consider the tax consequences associated with either action. Redemption of your Acquired Fund shares will be a taxable event if you hold your shares in a taxable account. The last date to redeem your shares or exchange them into another Hartford Funds mutual fund prior to the Conversion is listed below: 
Acquired Fund
Final Date to Redeem Acquired Fund Shares or Exchange
Acquired Fund Shares for Shares of Another Hartford
mutual fund
Hartford Quality Value Fund
October 12, 2023
These dates may change if the Conversion Date changes. Any changes to the Conversion Date will be communicated to shareholders.
* * * * *
In connection with the Conversion discussed herein, an information statement/prospectus that will be included in a registration statement on Form N-14 will be filed with the U.S. Securities and Exchange Commission (the “SEC”). After the registration statement is filed with the SEC, it may be amended or withdrawn and the information statement/prospectus will not be distributed to shareholders of the Acquired Fund unless and until the registration statement becomes effective. Investors are urged to read the materials and any other relevant documents when they become available because they will contain important information about the Conversion. After they are filed, free copies of the materials will be available on the SEC’s website at www.sec.gov. These materials also will be available at www.hartfordfunds.com and a paper copy can be obtained at no charge by calling 1-888-843-7824.
This communication is for informational purposes only and does not constitute an offer of any securities for sale. No offer of securities will be made except pursuant to a prospectus meeting the requirements of Section 10 of the Securities Act of 1933.
This Supplement should be retained with your Summary Prospectus and Statutory Prospectus for future reference.
HV-7617
May 2023