FEBRUARY 28, 2025

SUPPLEMENT TO

HARTFORD SMALL CAP VALUE FUND SUMMARY PROSPECTUS
DATED FEBRUARY 28, 2025

IMPORTANT NOTICE REGARDING CHANGE IN INVESTMENT POLICY FOR HARTFORD SMALL CAP VALUE FUND

This Supplement contains new and additional information and should be read in connection with your Summary Prospectus.

The Board of Directors of The Hartford Mutual Funds, Inc. has approved a change to the non-fundamental 80% investment policy (“Investment Policy”) for the Hartford Small Cap Value Fund in connection with amendments to Rule 35d-1 under the Investment Company Act of 1940, as amended (“Names Rule”). The change to the Investment Policy will become effective upon the compliance date of the Names Rule, which is currently December 11, 2025 (this date may be delayed in the event that the U.S. Securities and Exchange Commission grants an extension). The change to the Investment Policy is not expected to materially impact the manner in which the Hartford Small Cap Value Fund is managed. Harford Small Cap Value Fund’s Investment Policy related to investing at least 80% of its assets in common stocks of small capitalization companies will change to the following: “Under normal circumstances, the Fund invests at least 80% of its assets in common stocks of small capitalization value companies.” Accordingly, effective upon the compliance date of the Names Rule, under the heading “Principal Investment Strategy” in the above referenced Summary Prospectus, the first paragraph is deleted in its entirety and replaced with the following:

Under normal circumstances, the Fund invests at least 80% of its assets in common stocks of small capitalization value companies. The Fund may invest up to 15% of its net assets in securities of foreign issuers and non-dollar securities. The Fund’s sub-adviser, Wellington Management Company LLP (“Wellington Management”), determines whether a company is a value company based on traditional and other measures of value, such as whether the company is included within a third-party value index (e.g. the MSCI ACWI IMI Value Index) and/or whether the company exhibits value characteristics based on certain metrics, such as how the company’s price-to book (P/B) ratio and/or price-to-earnings (P/E) ratio compares to the Russell 2000 Index. A company may be determined to be a value company under any of these factors.

This Supplement should be retained with your Summary Prospectus for future reference.

HV-7718

February 2025