N-CSRS 1 d671006dncsrs.htm HARTFORD SERIES FUND INC HARTFORD SERIES FUND INC

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number: 811-08629

HARTFORD SERIES FUND, INC.

(Exact name of registrant as specified in charter)

690 Lee Road, Wayne, Pennsylvania 19087

(Address of Principal Executive Offices) (Zip Code)

Thomas R. Phillips, Esquire

Hartford Funds Management Company, LLC

690 Lee Road

Wayne, Pennsylvania 19087

(Name and Address of Agent for Service)

Registrant’s telephone number, including area code: (610) 386-4068

Date of fiscal year end: December 31

Date of reporting period: June 30, 2018

Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

 


Item 1. Reports to Stockholders.

 


LOGO

 


LOGO

Dear Shareholders:

Thank you for investing in Hartford HLS Funds. The following is the Funds’ Semi-Annual Report covering the period from January 1, 2018 through June 30, 2018.

Market Review

While volatility has increased, U.S. stocks, as measured by the S&P 500 Index (the “Index”),1 have experienced a modest but positive return of 2.65% year-to-date as of June 30.

 

The Index has experienced more than 35 days with swings of 1% or more this year, compared to eight days for all of 2017. Rising interest rates, inflation anxiety, and concerns surrounding U.S. tariffs and trade policies have contributed to the return of volatility.

The U.S. Federal Reserve (Fed) continued its cycle of interest-rate increases. As of the end of June, short-term rates range from 1.5% to 1.75%. At the time of this writing, expectations were for a continued gradual increase throughout 2018. Central banks overseas are also expected to begin removing accommodative policies by raising interest rates, which may impact global markets.

Going forward, politics both at home and abroad are likely to continue playing a key role in driving market movements. Protectionist U.S. trade policies have sparked fear and uncertainty among some investors. Geopolitical tensions continue to persist around U.S. engagement with Syria, heightening market uncertainty.

In Europe, uncertainty remains with respect to Britain’s “Brexit” undertaking, and now Italy’s potential departure from the European Union, which could influence markets or cause an uptick in volatility.

We encourage you to maintain a strong relationship with your financial advisor, who can help guide you through shifting markets confidently. He or she can help you proactively build a portfolio that takes market uncertainty into account, along with your unique investment goals and risk tolerances. Your financial advisor can help you find a fit within our family of funds as you work toward those goals.

Thank you again for investing in Hartford HLS Funds. For the most up-to-date information on our funds, please take advantage of all the resources available at hartfordfunds.com.

 

LOGO

James Davey

President

Hartford Funds

 

1 

S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks. The index is unmanaged and not available for direct investment. Past performance is not indicative of future results.


Hartford HLS Funds

Table of Contents

 

Fund Performance and Summary

     2  

Expense Examples

     40  

Financial Statements:

  

Schedules of Investments:

  

Hartford Balanced HLS Fund

     46  

Hartford Capital Appreciation HLS Fund

     59  

Hartford Disciplined Equity HLS Fund

     66  

Hartford Dividend and Growth HLS Fund

     70  

Hartford Global Growth HLS Fund

     74  

Hartford Growth Opportunities HLS Fund

     78  

Hartford Healthcare HLS Fund

     82  

Hartford High Yield HLS Fund

     86  

Hartford International Opportunities HLS Fund

     95  

Hartford MidCap HLS Fund

     99  

Hartford MidCap Value HLS Fund

     103  

Hartford Small Cap Growth HLS Fund

     107  

Hartford Small Company HLS Fund

     113  

Hartford Small/Mid Cap Equity HLS Fund

     118  

Hartford Stock HLS Fund

     123  

Hartford Total Return Bond HLS Fund

     126  

Hartford Ultrashort Bond HLS Fund

     154  

Hartford U.S. Government Securities HLS Fund

     162  

Hartford Value HLS Fund

     169  

Statements of Assets and Liabilities

     174  

Statements of Operations

     178  

Statements of Changes in Net Assets

     182  

Financial Highlights

     190  

Notes to Financial Statements

     200  

How to Obtain a Copy of each Fund’s Proxy Voting Policies and Voting Records

     240  

Quarterly Portfolio Holdings Information

     240  


Fund Performance and Summary

Hartford Balanced HLS Fund inception 03/31/1983

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks long-term total return.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

     6 Months1     1 Year     5 Years     10 Years  

Class IA

    0.23%       8.61%       8.34%       7.51%  

Class IB

    0.10%       8.37%       8.07%       7.24%  

60% S&P 500 Index/ 35% Bloomberg Barclays Government/Credit Bond Index/5% ICE BofAML US 3-Month Treasury Bill Index

    1.02%       8.34%       8.88%       7.69%  

S&P 500 Index

    2.65%       14.37%       13.42%       10.17%  

Bloomberg Barclays Government/Credit Bond Index

    -1.90%       -0.63%       2.29%       3.78%  

ICE BofAML US 3-Month Treasury Bill Index

    0.81%       1.36%       0.42%       0.35%  

 

1 

Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

60% S&P 500 Index/ 35% Bloomberg Barclays Government/Credit Bond Index/ 5% ICE BofAML US 3-Month Treasury Bill Index is calculated by Hartford Funds Management Company, LLC.

S&P 500 Index (reflects no deduction for fees, expenses or taxes) is a float-adjusted market capitalization-weighted price index composed of 500 widely held common stocks.

Bloomberg Barclays Government/Credit Bond Index (reflects no deduction for fees, expenses or taxes) measures the non-securitized component of the U.S. Aggregate Index. It includes investment grade, U.S. dollar-denominated, fixed-rate Treasuries, government-related and corporate securities.

ICE BofAML US 3-Month Treasury Bill Index (reflects no deduction for fees, expenses or taxes) is comprised of a single issue purchased at the beginning of the month and held for a full month. At the end of the month that issue is sold and rolled into a newly selected issue. The issue selected at each month-end rebalancing is the outstanding Treasury Bill that matures closest to, but not beyond, three months from the rebalancing date. To qualify for selection, an issue must have settled on or before the month-end rebalancing date. On October 20, 2017, the Bank of America Merrill Lynch 3-Month U.S. Treasury Bill Index was rebranded.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA and Class IB were 0.66% and 0.91%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical or current waivers/reimbursements without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

 

 

 

  2  

 


Hartford Balanced HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. The Fund seeks to achieve its investment objective by allocating assets among different asset classes. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political and economic developments. • Fixed income security risks include credit, liquidity, call, duration, and interest-rate risk. As interest rates rise, bond prices generally fall. • Mortgage related- and asset-backed securities’ risks include credit, interest-rate, prepayment, and extension risk. • Obligations of U.S. Government agencies are supported by varying degrees of credit but are generally not backed by the full faith and credit of the U.S. Government.

Composition by Security Type

as of June 30, 2018

 

Category    Percentage of
Net Assets
 

Equity Securities

  

Common Stocks

     67.8
  

 

 

 

Total

     67.8
  

 

 

 

Fixed Income Securities

  

Asset & Commercial Mortgage Backed Securities

     3.9

Corporate Bonds

     18.9  

Foreign Government Obligations

     0.8  

Municipal Bonds

     1.1  

U.S. Government Agencies

     0.3  

U.S. Government Securities

     6.6  
  

 

 

 

Total

     31.6
  

 

 

 

Short-Term Investments

     0.5  

Other Assets & Liabilities

     0.1  
  

 

 

 

Total

     100.0
  

 

 

 
 

 

 

  3  

 


Fund Performance and Summary

Hartford Capital Appreciation HLS Fund inception 04/02/1984

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks growth of capital.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     3.26%        12.29%        11.41%        7.88%  

Class IB

     3.14%        11.98%        11.13%        7.61%  

Class IC

     3.02%        11.71%        10.86%        7.34%  

Russell 3000 Index

     3.22%        14.78%        13.29%        10.23%  

S&P 500 Index

     2.65%        14.37%        13.42%        10.17%  

 

1 

Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Class IC shares commenced operations on April 30, 2014. Class IC shares performance prior to that date reflects Class IA shares performance adjusted to reflect the 12b-1 fee of 0.25% and the administrative services fee of 0.25% applicable to Class IC shares. The performance after such date reflects actual Class IC shares performance.

Russell 3000 Index (reflects no deduction for fees, expenses or taxes) measures the performance of the 3,000 largest U.S. companies based on total market capitalization.

S&P 500 Index (reflects no deduction for fees, expenses or taxes) is a float-adjusted market capitalization-weighted price index composed of 500 widely held common stocks.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA, Class IB and Class IC were 0.68%, 0.93% and 1.18%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical waivers/reimbursements without which performance would have been lower.

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. The Fund seeks to achieve its investment objective by allocating assets among different asset classes and/or portfolio management teams. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Small- and mid-cap securities can have greater risk and volatility than large-cap securities. Foreign investments may be more volatile

 

 

 

  4  

 


Hartford Capital Appreciation HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political and economic developments. These risks are generally greater for investments in emerging markets. • The Fund’s focus on investments in particular sectors may increase its volatility and risk of loss if adverse developments occur.

Composition by Sector

as of June 30, 2018

 

Sector    Percentage of
Net Assets
 

Equity Securities

  

Consumer Discretionary

     15.0

Consumer Staples

     6.6  

Energy

     5.0  

Financials

     13.1  

Health Care

     12.9  

Industrials

     11.8  

Information Technology

     22.0  

Materials

     3.8  

Real Estate

     4.1  

Telecommunication Services

     1.3  

Utilities

     2.2  
  

 

 

 

Total

     97.8
  

 

 

 

Short-Term Investments

     2.6  

Other Assets & Liabilities

     (0.4
  

 

 

 

Total

     100.0
  

 

 

 

A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system. These sector classifications are used for financial reporting purposes.

 

 

 

  5  

 


Fund Performance and Summary

Hartford Disciplined Equity HLS Fund inception 05/29/1998

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks growth of capital.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     3.69%        14.78%        14.52%        10.64%  

Class IB

     3.60%        14.53%        14.24%        10.36%  

S&P 500 Index

     2.65%        14.37%        13.42%        10.17%  

 

1 

Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

S&P 500 Index (reflects no deduction for fees, expenses or taxes) is a float-adjusted market capitalization-weighted price index composed of 500 widely held common stocks.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA and Class IB were 0.78% and 1.03%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical waivers/reimbursements without which performance would have been lower.

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies.

 

 

 

  6  

 


Hartford Disciplined Equity HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

Composition by Sector

as of June 30, 2018

 

Sector    Percentage of
Net Assets
 

Equity Securities

  

Consumer Discretionary

     12.0

Consumer Staples

     7.3  

Energy

     2.8  

Financials

     14.5  

Health Care

     17.0  

Industrials

     10.9  

Information Technology

     26.4  

Materials

     2.2  

Telecommunication Services

     1.7  

Utilities

     4.8  
  

 

 

 

Total

     99.6
  

 

 

 

Short-Term Investments

     0.3  

Other Assets & Liabilities

     0.1  
  

 

 

 

Total

     100.0
  

 

 

 

A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system. These sector classifications are used for financial reporting purposes.

 

 

 

  7  

 


Fund Performance and Summary

Hartford Dividend and Growth HLS Fund inception 03/09/1994

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks a high level of current income consistent with growth of capital.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     -0.58%        10.05%        11.57%        9.16%  

Class IB

     -0.75%        9.74%        11.28%        8.88%  

S&P 500 Index

     2.65%        14.37%        13.42%        10.17%  

Russell 1000 Value Index

     -1.69%        6.77%        10.34%        8.49%  

 

1 

Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

S&P 500 Index (reflects no deduction for fees, expenses or taxes) is a float-adjusted market capitalization-weighted price index composed of 500 widely held common stocks.

Russell 1000 Value Index (reflects no deduction for fees, expenses or taxes) measures the performance of those Russell 1000 Index companies with lower price-to-book ratios and lower forecasted growth values. The Russell 1000 Index measures the performance of the 1,000 largest companies in the Russell 3000 Index based on their market capitalization and current index membership.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA and Class IB were 0.68% and 0.93%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical waivers/reimbursements without which performance would have been lower.

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • For dividend-paying stocks, dividends are not guaranteed and may decrease without notice. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political and economic developments.

 

 

 

  8  

 


Hartford Dividend and Growth HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

Composition by Sector

as of June 30, 2018

 

Sector    Percentage of
Net Assets
 

Equity Securities

  

Consumer Discretionary

     6.8

Consumer Staples

     5.3  

Energy

     10.1  

Financials

     21.1  

Health Care

     13.3  

Industrials

     7.5  

Information Technology

     18.7  

Materials

     4.8  

Real Estate

     2.5  

Telecommunication Services

     3.1  

Utilities

     4.8  
  

 

 

 

Total

     98.0
  

 

 

 

Short-Term Investments

     1.6  

Other Assets & Liabilities

     0.4  
  

 

 

 

Total

     100.0
  

 

 

 

A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system. These sector classifications are used for financial reporting purposes.

 

 

 

  9  

 


Fund Performance and Summary

Hartford Global Growth HLS Fund inception 09/30/1998

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks growth of capital.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     7.89%        21.19%        15.55%        7.64%  

Class IB

     7.75%        20.87%        15.26%        7.37%  

MSCI World Growth Index (Net)

     4.17%        16.61%        12.09%        7.27%  

 

1 

Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

MSCI World Growth Index (Net) (reflects no deduction for fees,expenses or other taxes) is designed to capture large and mid cap securities exhibiting overall growth style characteristics across developed markets.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA and Class IB were 0.81% and 1.06%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical waivers/reimbursements without which performance would have been lower.

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. The Fund seeks to achieve its investment objective by allocating assets among different asset classes and/or different portfolio management teams. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political and economic developments. These risks may be greater for investments in emerging markets. • Mid-cap securities can have greater risk and volatility than large-cap securities. • Different investment styles may go in and out of favor, which may cause the Fund to underperform the broader stock market. The Fund’s focus on investments in particular sectors may increase its volatility and risk of loss if adverse developments occur.

 

 

 

  10  

 


Hartford Global Growth HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

Composition by Country

as of June 30, 2018

 

Country    Percentage of
Net Assets
 

Australia

     0.8

Canada

     2.3  

China

     5.1  

France

     2.5  

Germany

     2.5  

Hong Kong

     2.8  

India

     0.6  

Ireland

     0.6  

Italy

     1.0  

Japan

     5.1  

Luxembourg

     0.6  

Portugal

     0.6  

Russia

     0.5  

South Korea

     0.6  

Spain

     0.9  

Sweden

     1.1  

Switzerland

     2.6  

Taiwan

     0.5  

United Kingdom

     2.8  

United States

     65.6  

Short-Term Investments

     1.2  

Other Assets & Liabilities

     (0.3
  

 

 

 

Total

     100.0
  

 

 

 

The table above is based on Bloomberg’s country of risk classifications. For Fund compliance purposes, the Fund may not use the same classification system. These classifications are used for financial reporting purposes.

 

 

 

  11  

 


Fund Performance and Summary

Hartford Growth Opportunities HLS Fund inception 03/24/1987

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks capital appreciation.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     14.76%        27.62%        18.11%        10.76%  

Class IB

     14.63%        27.30%        17.81%        10.48%  

Class IC

     14.48%        26.98%        17.52%        10.21%  

Russell 3000 Growth Index

     7.44%        22.47%        16.14%        11.78%  

Russell 1000 Growth Index

     7.25%        22.51%        16.36%        11.83%  

 

1 

Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Class IC shares commenced operations on April 30, 2014. Class IC shares performance prior to that date reflects Class IA shares performance adjusted to reflect the 12b-1 fee of 0.25% and the administrative services fee of 0.25% applicable to Class IC shares. The performance after such date reflects actual Class IC shares performance.

Russell 3000 Growth Index (reflects no deduction for fees, expenses or taxes) measures the performance of those Russell 3000 Index companies with higher price-to-book ratios and higher forecasted growth values. The Russell 3000 Index

measures the performance of the 3,000 largest U.S. companies based on total market capitalization.

Russell 1000 Growth Index (reflects no deduction for fees, expenses or taxes) measures the performance of those Russell 1000 Index companies with higher price-to-book ratios and higher forecasted growth values. The Russell 1000 Index measures the performance of the 1,000 largest companies in the Russell 3000 Index based on their market capitalization and current index membership.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA, Class IB and Class IC were 0.66%, 0.91% and 1.16%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical waivers/reimbursements without which performance would have been lower.

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Foreign investments may be more volatile and less liquid than U.S. investments

 

 

 

  12  

 


Hartford Growth Opportunities HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

and are subject to the risk of currency fluctuations and adverse political and economic developments. Mid-cap securities can have greater risk and volatility than large-cap securities. • The Fund’s focus on investments in particular sectors may increase its volatility and risk of loss if adverse developments occur. • Different investment styles may go in and out of favor, which may cause the Fund to underperform the broader stock market.

Composition by Sector

as of June 30, 2018

 

Sector    Percentage of
Net Assets
 

Equity Securities

 

Consumer Discretionary

     24.0

Consumer Staples

     1.0  

Energy

     2.0  

Financials

     4.2  

Health Care

     11.8  

Industrials

     10.4  

Information Technology

     40.9  

Materials

     2.4  

Real Estate

     0.1  
  

 

 

 

Total

     96.8
  

 

 

 

Short-Term Investments

     6.0  

Other Assets & Liabilities

     (2.8
  

 

 

 

Total

     100.0
  

 

 

 

A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system. These sector classifications are used for financial reporting purposes.

 

 

 

  13  

 


Fund Performance and Summary

Hartford Healthcare HLS Fund inception 05/01/2000

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks long-term capital appreciation.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     5.65%        5.76%        16.23%        13.76%  

Class IB

     5.53%        5.54%        15.94%        13.47%  

S&P Composite 1500 Health Care Index

     3.28%        8.60%        14.38%        13.20%  

S&P 500 Index

     2.65%        14.37%        13.42%        10.17%  

 

1 

Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

S&P Composite 1500 Health Care Index (reflects no deduction for fees, expenses or taxes) is a float-adjusted market capitalization-weighted index comprised of those companies included in the S&P Composite 1500 that are classified as members of the Global Industry Classification Standard (GICS®) health care sector.

S&P 500 Index (reflects no deduction for fees, expenses or taxes) is a float-adjusted market capitalization-weighted price index composed of 500 widely held common stocks.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA and Class IB were 0.90% and 1.15%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical waivers/reimbursements without which performance would have been lower.

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Risks of focusing investments on the healthcare related sector include regulatory and legal developments, patent considerations, intense competitive pressures, rapid technological changes, potential product obsolescence, and liquidity risk. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political and economic developments. These risks may be greater for investments in emerging markets. • Small- and mid-cap securities can have greater risk and volatility than large-cap securities.

 

 

 

  14  

 


Hartford Healthcare HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

Composition by Subsector

as of June 30, 2018

 

Subsector    Percentage of
Net Assets
 

Equity Securities

 

Biotechnology

     27.6

Food & Staples Retailing

     0.7  

Health Care Equipment & Supplies

     23.3  

Health Care Providers & Services

     17.1  

Health Care Technology

     3.0  

Life Sciences Tools & Services

     3.6  

Pharmaceuticals

     23.0  
  

 

 

 

Total

     98.3
  

 

 

 

Short-Term Investments

     6.0  

Other Assets & Liabilities

     (4.3
  

 

 

 

Total

     100.0
  

 

 

 

For Fund compliance purposes, the Fund may not use the same classification system. These subsector classifications are used for financial reporting purposes.

 

 

 

  15  

 


Fund Performance and Summary

Hartford High Yield HLS Fund inception 09/30/1998

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks to provide high current income, and long-term total return.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     -0.49%        2.53%        4.83%        7.40%  

Class IB

     -0.62%        2.29%        4.56%        7.13%  

Bloomberg Barclays U.S. Corporate High Yield Bond Index

     0.16%        2.62%        5.51%        8.19%  

 

1 

Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Performance information through March 5, 2012 represents performance of the Fund’s previous sub-adviser, Hartford Investment Management Company (“HIMCO”). As of March 5, 2012 HIMCO no longer served as the sub-adviser to the Fund.

Bloomberg Barclays U.S. Corporate High Yield Bond Index (reflects no deduction for fees, expenses or taxes) is a market-value-weighted index that tracks the total return performance of non-investment grade, fixed-rate, publicly placed, dollar denominated and nonconvertible debt registered with the SEC.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA and Class IB were 0.78% and 1.03%, respectively. Expenses shown include acquired fund fees and expenses. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical waivers/reimbursements without which performance would have been lower.

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Fixed income security risks include credit, liquidity, call, duration, and interest-rate risk. As interest rates rise, bond prices generally fall. Investments in high-yield (“junk”) bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities. • Derivatives are generally more volatile and sensitive to changes in market or economic conditions than other securities; their risks include currency, leverage, liquidity, index, pricing, and counterparty risk. • Foreign investments may be more volatile and less liquid than U.S.

 

 

 

  16  

 


Hartford High Yield HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

investments and are subject to the risk of currency fluctuations and adverse political and economic developments. These risks may be greater for investments in emerging markets. Privately placed, restricted (Rule 144A) securities may be more difficult to sell and price than other securities.

Composition by Security Type

as of June 30, 2018

 

Category    Percentage of
Net Assets
 

Equity Securities

 

Common Stocks

     1.2

Escrows

     0.0

Preferred Stocks

     0.2  
  

 

 

 

Total

     1.4
  

 

 

 

Fixed Income Securities

 

Asset & Commercial Mortgage-Backed Securities

     0.0 %* 

Convertible Bonds

     1.6  

Corporate Bonds

     87.6  

Senior Floating Rate Interests

     5.4  
  

 

 

 

Total

     94.6
  

 

 

 

Short-Term Investments

     3.1  

Other Assets & Liabilities

     0.9  
  

 

 

 

Total

     100.0
  

 

 

 

 

*

Percentage rounds to zero.

 

 

 

  17  

 


Fund Performance and Summary

Hartford International Opportunities HLS Fund inception 07/02/1990

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks long-term growth of capital.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     -3.49%        5.38%        7.19%        4.13%  

Class IB

     -3.62%        5.12%        6.92%        3.87%  

MSCI All Country World ex USA Index (Net)

     -3.77%        7.28%        5.99%        2.54%  

 

1 

Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

MSCI All Country World ex USA Index (Net) (reflects reinvested dividends net of withholding taxes but reflects no deduction for fees, expenses or other taxes) is designed to capture large and mid cap representation across developed markets (excluding the United States) and emerging market countries.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA and Class IB were 0.73% and 0.98%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical waivers/reimbursements without which performance would have been lower.

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political and economic developments. These risks may be greater for investments in emerging markets. • Mid-cap securities can have greater risks and volatility than large-cap securities. • The Fund’s focus on investments in particular sectors, geographic regions or countries may increase its volatility and risk of loss if adverse developments occur.

 

 

 

  18  

 


Hartford International Opportunities HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

Composition by Currency

as of June 30, 2018

 

Description    Percentage of
Net Assets
 

Australian Dollar

     1.0

British Pound

     11.4  

Canadian Dollar

     7.9  

Danish Krone

     0.2  

Euro

     26.1  

Hong Kong Dollar

     9.6  

Indian Rupee

     2.2  

Japanese Yen

     15.4  

Norwegian Krone

     0.3  

South Korean Won

     2.0  

Swedish Krona

     0.2  

Swiss Franc

     8.8  

Taiwanese Dollar

     2.5  

United States Dollar

     11.7  

Other Assets & Liabilities

     0.7  
  

 

 

 

Total

     100.0
  

 

 

 

Composition by Sector

as of June 30, 2018

 

Sector    Percentage of
Net Assets
 

Equity Securities

 

Consumer Discretionary

     15.6

Consumer Staples

     7.6  

Energy

     7.0  

Financials

     15.6  

Health Care

     8.0  

Industrials

     14.3  

Information Technology

     16.8  

Materials

     5.0  

Real Estate

     2.7  

Telecommunication Services

     1.7  

Utilities

     3.4  
  

 

 

 

Total

     97.7
  

 

 

 

Short-Term Investments

     1.6  

Other Assets & Liabilities

     0.7  
  

 

 

 

Total

     100.0
  

 

 

 

A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system. These sector classifications are used for financial reporting purposes.

 

 

 

  19  

 


Fund Performance and Summary

Hartford MidCap HLS Fund inception 07/14/1997

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks long-term growth of capital.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     7.51%        19.41%        15.12%        10.86%  

Class IB

     7.38%        19.11%        14.83%        10.58%  

S&P MidCap 400 Index

     3.49%        13.50%        12.69%        10.78%  

 

1 

Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

S&P MidCap 400 Index (reflects no deduction for fees, expenses or taxes) is a float-adjusted market capitalization-weighted index designed to measure the performance of the mid-cap segment of the market. The index is composed of 400 constituent companies.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA and Class IB were 0.70% and 0.95%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical waivers/reimbursements without which performance would have been lower.

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Mid-cap securities can have greater risk and volatility than large-cap securities. • The Fund’s focus on investments in particular sectors may increase its volatility and risk of loss if adverse developments occur.

 

 

 

  20  

 


Hartford MidCap HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

Composition by Sector

as of June 30, 2018

 

Sector    Percentage of
Net Assets
 

Equity Securities

 

Consumer Discretionary

     5.5

Consumer Staples

     0.7  

Energy

     5.2  

Financials

     14.8  

Health Care

     17.8  

Industrials

     20.3  

Information Technology

     29.0  

Materials

     2.8  

Real Estate

     1.5  

Utilities

     2.1  
  

 

 

 

Total

     99.7
  

 

 

 

Short-Term Investments

     0.8  

Other Assets & Liabilities

     (0.5
  

 

 

 

Total

     100.0
  

 

 

 

A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system. These sector classifications are used for financial reporting purposes.

 

 

 

  21  

 


Fund Performance and Summary

Hartford MidCap Value HLS Fund inception 04/30/2001

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks long-term capital appreciation.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     0.79%        10.41%        10.15%        10.47%  

Class IB

     0.72%        10.11%        9.88%        10.20%  

Russell 2500 Value Index

     3.00%        11.49%        10.78%        10.10%  

Russell MidCap Value Index

     -0.16%        7.60%        11.27%        10.06%  

 

1 

Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Russell 2500 Value Index (reflects no deduction for fees, expenses or taxes) measures the performance of those Russell 2500 Index companies with lower price-to-book ratios and lower forecasted growth values. The Russell 2500 Index measures the performance of the 2,500 smallest U.S. companies based on their market capitalization and current index membership.

Russell MidCap Value Index (reflects no deduction for fees, expenses or taxes) measures the performance of the mid-cap value segment of the U.S. equity universe. It includes those Russell MidCap Index companies with lower price-to-book ratios and lower forecasted growth values.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA and Class IB were 0.86% and 1.11%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical waivers/reimbursements without which performance would have been lower.

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Mid-cap securities can have greater risk and volatility than large-cap securities. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political and economic developments. • The Fund’s focus on investments in particular sectors may increase its volatility and risk of loss if adverse developments occur. • Different

 

 

 

  22  

 


Hartford MidCap Value HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

investment styles may go in and out of favor, which may cause the Fund to underperform the broader stock market.

Composition by Sector

as of June 30, 2018

 

Sector    Percentage of
Net Assets
 

Equity Securities

 

Consumer Discretionary

     4.2

Consumer Staples

     3.8  

Energy

     8.3  

Financials

     20.4  

Health Care

     4.3  

Industrials

     16.6  

Information Technology

     13.3  

Materials

     10.1  

Real Estate

     10.8  

Telecommunication Services

     1.1  

Utilities

     5.1  
  

 

 

 

Total

     98.0
  

 

 

 

Short-Term Investments

     3.0  

Other Assets & Liabilities

     (1.0
  

 

 

 

Total

     100.0
  

 

 

 

A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system. These sector classifications are used for financial reporting purposes.

 

 

 

  23  

 


Fund Performance and Summary

Hartford Small Cap Growth HLS Fund inception 05/02/1994

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks long-term capital appreciation.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     8.71%        18.86%        13.64%        12.71%  

Class IB

     8.60%        18.57%        13.36%        12.43%  

Russell 2000 Growth Index

     9.70%        21.86%        13.65%        11.24%  

 

1 

Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Russell 2000 Growth Index (reflects no deduction for fees, expenses or taxes) is an index of those Russell 2000 Index growth companies with higher price-to-book ratios and higher forecasted growth values. The Russell 2000 Index is an index comprised of 2,000 of the smallest U.S.-domiciled company common stocks based on a combination of their market capitalization and current index membership.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA and Class IB were 0.66% and 0.91%, respectively. Expenses shown include acquired fund fees and expenses. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

Performance information through July 21, 2010 represents performance of the Fund’s previous additional sub-adviser, Hartford Investment Management Company (“HIMCO”). As of July 21, 2010, HIMCO no longer served as an additional sub-adviser to the Fund.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical waivers/reimbursements without which performance would have been lower.

The Fund is closed to new investors, subject to certain exceptions. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. The Fund seeks to achieve its investment objective by allocating assets among different asset classes and/or portfolio management teams. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Small-cap securities can have greater risk and volatility than large-cap securities. • The Fund’s focus on investments in particular sectors may increase its volatility and risk of loss if adverse developments occur. • Different investment styles may go in and out favor, which may cause the Fund to underperform the broader stock market.

 

 

 

  24  

 


Hartford Small Cap Growth HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

Composition by Sector

as of June 30, 2018

 

Sector    Percentage of
Net Assets
 

Equity Securities

 

Consumer Discretionary

     14.6

Consumer Staples

     3.5  

Energy

     2.3  

Financials

     8.4  

Health Care

     25.3  

Industrials

     16.9  

Information Technology

     22.2  

Materials

     3.7  

Real Estate

     2.0  

Telecommunication Services

     0.9  
  

 

 

 

Total

     99.8
  

 

 

 

Short-Term Investments

     3.9  

Other Assets & Liabilities

     (3.7
  

 

 

 

Total

     100.0
  

 

 

 

A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system. These sector classifications are used for financial reporting purposes.

 

 

 

  25  

 


Fund Performance and Summary

Hartford Small Company HLS Fund inception 08/09/1996

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks growth of capital.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     12.83%        26.45%        11.64%        9.38%  

Class IB

     12.70%        26.14%        11.37%        9.11%  

Russell 2000 Growth Index

     9.70%        21.86%        13.65%        11.24%  

 

1 

Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Russell 2000 Growth Index (reflects no deduction for fees, expenses or taxes) is an index of those Russell 2000 Index growth companies with higher price-to-book ratios and higher forecasted growth values. The Russell 2000 Index is an index comprised of 2,000 of the smallest U.S.-domiciled company common stocks based on a combination of their market capitalization and current index membership.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA and Class IB were 0.78% and 1.03%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

Performance information through July 21, 2010 represents performance of the Fund’s previous additional sub-adviser, Hartford Investment Management Company (“HIMCO”). As of July 21, 2010, HIMCO no longer served as an additional sub-adviser to the Fund.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical waivers/reimbursements without which performance would have been lower.

The Fund is closed to new investors, subject to certain exceptions. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. The Fund seeks to achieve its investment objective by allocating assets among different asset classes and/or portfolio management teams. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Small-cap securities can have greater risk and volatility than large-cap securities. Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political and economic developments. • The Fund’s focus on investments in particular sectors may increase its volatility and risk of loss if adverse developments occur. • Different investment styles may go in and out

 

 

 

  26  

 


Hartford Small Company HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

favor, which may cause the Fund to underperform the broader stock market.

Composition by Sector

as of June 30, 2018

 

Sector    Percentage of
Net Assets
 

Equity Securities

 

Consumer Discretionary

     17.1

Consumer Staples

     2.1  

Energy

     1.3  

Financials

     7.0  

Health Care

     21.5  

Industrials

     17.3  

Information Technology

     23.5  

Materials

     6.7  

Real Estate

     0.7  

Telecommunication Services

     0.7  
  

 

 

 

Total

     97.9
  

 

 

 

Short-Term Investments

     3.5  

Other Assets & Liabilities

     (1.4
  

 

 

 

Total

     100.0
  

 

 

 

A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system. These sector classifications are used for financial reporting purposes.

 

 

 

  27  

 


Fund Performance and Summary

Hartford Small/Mid Cap Equity HLS Fund inception 05/01/1998

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks long-term growth of capital.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     4.09%        15.50%        10.86%        9.16%  

Class IB

     4.00%        15.18%        10.57%        8.88%  

Russell 2500 Index

     5.46%        16.24%        12.29%        10.74%  

 

1

Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Performance information through June 4, 2012 represents performance of the Fund’s previous sub-adviser, Hartford Investment Management Company (“HIMCO”). As of June 4, 2012, HIMCO no longer served as the sub-adviser to the Fund.

Includes the Fund’s performance when it invested, prior to February 1, 2010, at least 80% of its assets in common stocks of mid-capitalization companies.

Russell 2500 Index (reflects no deduction for fees, expenses or taxes) measures the performance of the small to mid-cap segment of the U.S. equity universe, commonly referred to as “smid” cap. The Russell 2500 Index is a subset of the Russell 3000 Index and includes approximately 2,500 of the smallest securities based on a combination of their market capitalization and current index membership.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA and Class IB were 0.92% and 1.17%, respectively. Expenses shown include acquired fund fees and expenses. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical waivers/reimbursements without which performance would have been lower.

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Small- and mid-cap securities can have greater risk and volatility than large-cap securities. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political and economic developments. • The Fund’s focus on investments in particular sectors may increase its volatility and risk of loss if adverse developments occur.

 

 

 

  28  

 


Hartford Small/Mid Cap Equity HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

Composition by Sector

as of June 30, 2018

 

Sector    Percentage of
Net Assets
 

Equity Securities

 

Consumer Discretionary

     14.2

Consumer Staples

     3.5  

Energy

     5.5  

Financials

     13.7  

Health Care

     12.7  

Industrials

     13.2  

Information Technology

     16.0  

Materials

     3.9  

Real Estate

     10.6  

Telecommunication Services

     1.0  

Utilities

     4.5  
  

 

 

 

Total

     98.8
  

 

 

 

Short-Term Investments

     2.3  

Other Assets & Liabilities

     (1.1
  

 

 

 

Total

     100.0
  

 

 

 

A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system. These sector classifications are used for financial reporting purposes.

 

 

 

  29  

 


Fund Performance and Summary

Hartford Stock HLS Fund inception 08/31/1977

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks long-term growth of capital.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     1.94%        11.84%        11.39%        9.24%  

Class IB

     1.81%        11.55%        11.11%        8.97%  

Russell 1000 Index

     2.85%        14.54%        13.37%        10.20%  

 

1 

Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Russell 1000 Index (reflects no deduction for fees, expenses or taxes) measures the performance of the 1,000 largest companies in the Russell 3000 Index, which measures the performance of the 3,000 largest U.S. companies, based on total market capitalizations.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA and Class IB were 0.52% and 0.77%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical waivers/reimbursements without which performance would have been lower.

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political and economic developments.

 

 

 

  30  

 


Hartford Stock HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

Composition by Sector

as of June 30, 2018

 

Sector    Percentage of
Net Assets
 

Equity Securities

 

Consumer Discretionary

     14.1

Consumer Staples

     15.2  

Energy

     3.2  

Financials

     11.5  

Health Care

     15.3  

Industrials

     19.1  

Information Technology

     10.4  

Materials

     4.2  

Real Estate

     5.4  
  

 

 

 

Total

     98.4
  

 

 

 

Short-Term Investments

     1.5  

Other Assets & Liabilities

     0.1  
  

 

 

 

Total

     100.0
  

 

 

 

A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system. These sector classifications are used for financial reporting purposes.

 

 

 

  31  

 


Fund Performance and Summary

Hartford Total Return Bond HLS Fund inception 08/31/1977

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks a competitive total return, with income as a secondary objective.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     -1.50%        0.23%        2.98%        4.01%  

Class IB

     -1.51%        -0.05%        2.73%        3.75%  

Bloomberg Barclays U.S. Aggregate Bond Index

     -1.62%        -0.40%        2.27%        3.72%  

 

1 

Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Performance information through March 5, 2012 represents performance of the Fund’s previous sub-adviser, Hartford Investment Management Company (“HIMCO”). As of March 5, 2012, HIMCO no longer served as the sub-adviser to the Fund.

Bloomberg Barclays U.S. Aggregate Bond Index (reflects no deduction for fees, expenses or taxes) is composed of securities that are SEC-registered, taxable, and dollar denominated. The index covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage

pass-through securities, and asset-backed securities. These major sectors are subdivided into more specific indices that are calculated and reported on a regular basis.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA and Class IB were 0.51% and 0.76%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical waivers/reimbursements without which performance would have been lower.

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. The Fund may allocate a portion of its assets to specialist portfolio managers, which may not work as intended. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Fixed income security risks include credit, liquidity, call, duration, and interest-rate risk. As

 

 

 

  32  

 


Hartford Total Return Bond HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

interest rates rise, bond prices generally fall. • Investments in high-yield (“junk”) bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities. • Obligations of U.S. Government agencies are supported by varying degrees of credit but are generally not backed by the full faith and credit of the U.S. Government. • The risks associated with mortgage related- and asset-backed securities as well as collateralized loan obligations (CLOs) include credit, interest-rate, prepayment, liquidity, default and extension risk. • The purchase of securities in the To-Be-Announced (TBA) market can result in additional price and counterparty risk. • Derivatives are generally more volatile and sensitive to changes in market or economic conditions than other securities; their risks include currency, leverage, liquidity, index, pricing, and counterparty risk. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political and economic developments. These risks may be greater for investments in emerging markets. • Privately placed, restricted (Rule 144A) securities may be more difficult to sell and price than other securities.

Composition by Security Type

as of June 30, 2018

 

Category    Percentage of
Net Assets
 

Equity Securities

 

Common Stocks

     0.0 %* 

Escrows

     0.0

Preferred Stocks

     0.1  

Warrants

     0.0
  

 

 

 

Total

     0.1
  

 

 

 

Fixed Income Securities

 

Asset & Commercial Mortgage-Backed Securities

     35.7  

Corporate Bonds

     28.0  

Foreign Government Obligations

     1.4  

Municipal Bonds

     1.1  

Senior Floating Rate Interests

     2.8  

U.S. Government Agencies

     57.0  

U.S. Government Securities

     4.8  
  

 

 

 

Total

     130.8
  

 

 

 

Short-Term Investments

     4.7  

Purchased Options

     0.3  

Other Assets & Liabilities

     (35.9
  

 

 

 

Total

     100.0
  

 

 

 

 

*

Percentage rounds to zero.

 

 

 

  33  

 


Fund Performance and Summary

Hartford Ultrashort Bond HLS Fund inception 08/31/1977

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks total return and income consistent with preserving capital and maintaining liquidity.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

      6 Months1      1 Year      Since
Inception2
 

Class IA

     0.60%        1.11%        0.60%  

Class IB

     0.50%        0.90%        0.35%  

Bloomberg Barclays Short Treasury 9-12 Month Index

     0.73%        1.11%        0.55%  

 

1 

Not Annualized

2 

On October 21, 2013, the Fund converted from a money market fund to an ultrashort bond fund. Total returns shown are from conversion date (October 21, 2013) to June 30, 2018.

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Prior to October 21, 2013, the Fund was managed as a money market fund. Accordingly, performance of the Fund prior to October 21, 2013 is not shown. Past performance information for when the Fund was managed as a money market fund is available upon request by calling 1-888-843-7824.

Bloomberg Barclays Short Treasury 9-12 Month Index (reflects no deduction for fees, expenses or taxes) includes aged U.S. Treasury bills, notes and bonds with a

remaining maturity from 1 up to (but not including) 12 months. It excludes zero coupon strips.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA and Class IB were 0.45% and 0.70%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical waivers/reimbursements without which performance would have been lower.

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Fixed income security risks include credit, liquidity, call, duration, and interest-rate risk. As interest rates rise, bond prices generally fall. • Obligations of U.S. Government agencies are supported by varying degrees of credit but are generally not backed by the full faith and credit of the

 

 

 

  34  

 


Hartford Ultrashort Bond HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

U.S. Government. • The risks associated with mortgage related- and asset-backed securities include credit, interest-rate, prepayment, liquidity, default and extension risk. Derivatives are generally more volatile and sensitive to changes in market or economic conditions than other securities; their risks include currency, leverage, liquidity, index, pricing, and counterparty risk. • Privately placed, restricted (Rule 144A) securities may be more difficult to sell and price than other securities. • Repurchase agreements may increase the Fund’s risk and volatility.

Composition by Security Type

as of June 30, 2018

 

Category    Percentage of
Net Assets
 

Fixed Income Securities

 

Asset & Commercial Mortgage-Backed Securities

     28.1

Corporate Bonds

     44.5  

Municipal Bonds

     0.3  

U.S. Government Agencies

     4.8  

U.S. Government Securities

     21.7  
  

 

 

 

Total

     99.4
  

 

 

 

Short-Term Investments

     0.5  

Other Assets & Liabilities

     0.1  
  

 

 

 

Total

     100.0
  

 

 

 
 

 

 

  35  

 


Fund Performance and Summary

Hartford U.S. Government Securities HLS Fund inception 03/24/1987

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks to maximize total return while providing shareholders with a high level of current income consistent with prudent investment risk.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     -0.49%        -0.62%        1.47%        1.97%  

Class IB

     -0.69%        -0.93%        1.21%        1.71%  

Bloomberg Barclays Intermediate Government Bond Index

     -0.67%        -0.73%        1.04%        2.41%  

 

1 

Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Performance information through March 5, 2012 represents performance of the Fund’s previous sub-adviser, Hartford Investment Management Company (“HIMCO”). As of March 5, 2012, HIMCO no longer served as the sub-adviser to the Fund.

Bloomberg Barclays Intermediate Government Bond Index (reflects no deduction for fees, expenses or taxes) is an unmanaged index of government bonds with maturities of between one and ten years.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA and Class IB were 0.51% and 0.76%, respectively. Expenses shown include acquired fund fees and expenses. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical waivers/reimbursements without which performance would have been lower.

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Fixed income security risks include credit, liquidity, call, duration, and interest-rate risk. As interest rates rise, bond prices generally fall. The purchase of securities in the To-Be-Announced (TBA) market can result in additional price and counterparty risk. Derivatives are generally more volatile and sensitive to changes in market or economic

 

 

 

  36  

 


Hartford U.S. Government Securities HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

conditions than other securities; their risks include currency, leverage, liquidity, index, pricing, and counterparty risk. The risks associated with mortgage related- and asset-backed securities include credit, interest-rate, prepayment, liquidity, default and extension risk. The purchase of securities in the To-Be-Announced (TBA) market can result in additional price and counterparty risk. Obligations of U.S. Government agencies are supported by varying degrees of credit but are generally not backed by the full faith and credit of the U.S. Government. • Privately placed, restricted (Rule 144A) securities may be more difficult to sell and price than other securities.

Composition by Security Type

as of June 30, 2018

 

Category    Percentage of
Net Assets
 

Fixed Income Securities

 

Asset & Commercial Mortgage-Backed Securities

     19.1

U.S. Government Agencies

     39.5  

U.S. Government Securities

     40.6  
  

 

 

 

Total

     99.2
  

 

 

 

Short-Term Investments

     4.7  

Other Assets & Liabilities

     (3.9
  

 

 

 

Total

     100.0
  

 

 

 
 

 

 

  37  

 


Fund Performance and Summary

Hartford Value HLS Fund inception 04/30/2001

 

(sub-advised by Wellington Management Company LLP)   Investment objective – The Fund seeks long-term total return.

 

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

 

Average Annual Total Returns (as of 6/30/18)

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     -1.18%        7.59%        9.68%        8.23%  

Class IB

     -1.25%        7.34%        9.41%        7.96%  

Russell 1000 Value Index

     -1.69%        6.77%        10.34%        8.49%  

 

1 

Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2018, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Russell 1000 Value Index (reflects no deduction for fees, expenses or taxes) measures the performance of those Russell 1000 Index companies with lower price-to-book ratios and lower forecasted growth values. The Russell 1000 Index measures the performance of the 1,000 largest companies in the Russell 3000 Index based on their market capitalization and current index membership.

You cannot invest directly in an index.

As shown in the Fund’s current prospectus dated May 1, 2018, the total annual fund operating expense ratios for Class IA and Class IB were 0.71% and 0.96%,

respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2018.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

Performance information may reflect historical waivers/reimbursements without which performance would have been lower.

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s prospectus.

Important Risks

Investing involves risk, including the possible loss of principal. There is no guarantee the Fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political and economic developments. The Fund’s focus on investments in particular sectors may increase its volatility and risk of loss if adverse developments occur. Different investment styles may go in and out of favor, which may cause the Fund to underperform the broader stock market.

 

 

 

  38  

 


Hartford Value HLS Fund

Fund Performance and Summary – (continued)

June 30, 2018 (Unaudited)

 

 

 

Composition by Sector

as of June 30, 2018

 

Sector    Percentage of
Net Assets
 

Equity Securities

 

Consumer Discretionary

     10.5

Consumer Staples

     5.9  

Energy

     12.4  

Financials

     25.6  

Health Care

     13.2  

Industrials

     8.2  

Information Technology

     12.4  

Materials

     3.5  

Real Estate

     1.8  

Telecommunication Services

     1.6  

Utilities

     3.4  
  

 

 

 

Total

     98.5
  

 

 

 

Short-Term Investments

     1.9  

Other Assets & Liabilities

     (0.4
  

 

 

 

Total

     100.0
  

 

 

 

A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system. These sector classifications are used for financial reporting purposes.

 

 

 

  39  

 


Hartford HLS Funds

Expense Examples (Unaudited)

 

 

 

Your Fund’s Expenses

As a shareholder of a Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs, including investment management fees, distribution and/or service (12b-1) fees, if any, and other fund expenses. This example is intended to help you understand your ongoing costs (in dollars) of investing in a Fund and to compare these costs with the ongoing costs of investing in other mutual funds. The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period of January 1, 2018 through June 30, 2018. To the extent a Fund was subject to acquired fund fees and expenses during the period, acquired fund fees and expenses are not included in the annualized expense ratios below.

Actual Expenses

The first set of columns of the table below provides information about actual account values and actual expenses. You may use this information, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the line under the heading entitled “Expenses Paid During Period” to estimate the expenses you paid on your account during this period.

Hypothetical Example for Comparison Purposes

The second set of columns of the table below provides information about hypothetical account values and hypothetical expenses based on a Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in a Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. Therefore, the second set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses for a class of a Fund are equal to the class’ annualized expense ratio multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

Hartford Balanced HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     1,002.30      $     3.13      $     1,000.00      $     1,021.67      $     3.16        0.63

Class IB

   $ 1,000.00      $ 1,001.00      $ 4.37      $ 1,000.00      $ 1,020.43      $ 4.41        0.88

Hartford Capital Appreciation HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     1,032.60      $     3.43      $     1,000.00      $     1,021.42      $     3.41        0.68

Class IB

   $ 1,000.00      $ 1,031.40      $ 4.68      $ 1,000.00      $ 1,020.18      $ 4.66        0.93

Class IC

   $ 1,000.00      $ 1,030.20      $ 5.94      $ 1,000.00      $ 1,018.94      $ 5.91        1.18

 

 

  40  

 


Hartford HLS Funds

Expense Examples (Unaudited) – (continued)

 

 

 

Hartford Disciplined Equity HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     1,036.90      $     3.94      $     1,000.00      $     1,020.93      $     3.91        0.78

Class IB

   $ 1,000.00      $ 1,036.00      $ 5.20      $ 1,000.00      $ 1,019.69      $ 5.16        1.03

Hartford Dividend and Growth HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     994.20      $     3.36      $     1,000.00      $     1,021.42      $     3.41        0.68

Class IB

   $ 1,000.00      $ 992.50      $ 4.59      $ 1,000.00      $ 1,020.18      $ 4.66        0.93

Hartford Global Growth HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     1,078.90      $     4.12      $     1,000.00      $     1,020.83      $     4.01        0.80

Class IB

   $ 1,000.00      $ 1,077.50      $ 5.41      $ 1,000.00      $ 1,019.59      $ 5.26        1.05

Hartford Growth Opportunities HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     1,147.60      $     3.46      $     1,000.00      $     1,021.57      $     3.26        0.65

Class IB

   $ 1,000.00      $ 1,146.30      $ 4.79      $ 1,000.00      $ 1,020.33      $ 4.51        0.90

Class IC

   $ 1,000.00      $ 1,144.80      $ 6.12      $ 1,000.00      $ 1,019.09      $ 5.76        1.15

 

 

  41  

 


Hartford HLS Funds

Expense Examples (Unaudited) – (continued)

 

 

 

Hartford Healthcare HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     1,056.50      $     4.54      $     1,000.00      $     1,020.38      $     4.46        0.89

Class IB

   $ 1,000.00      $ 1,055.30      $ 5.81      $ 1,000.00      $ 1,019.14      $ 5.71        1.14

Hartford High Yield HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     995.10      $     3.81      $     1,000.00      $     1,020.98      $     3.86        0.77

Class IB

   $ 1,000.00      $ 993.80      $ 5.04      $ 1,000.00      $ 1,019.74      $ 5.11        1.02

Hartford International Opportunities HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     965.10      $     3.56      $     1,000.00      $     1,021.18      $     3.66        0.73

Class IB

   $ 1,000.00      $ 963.80      $ 4.77      $ 1,000.00      $ 1,019.94      $ 4.91        0.98

Hartford MidCap HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     1,075.10      $     3.55      $     1,000.00      $     1,021.37      $     3.46        0.69

Class IB

   $ 1,000.00      $ 1,073.80      $ 4.83      $ 1,000.00      $ 1,020.13      $ 4.71        0.94

 

 

  42  

 


Hartford HLS Funds

Expense Examples (Unaudited) – (continued)

 

 

 

Hartford MidCap Value HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     1,007.90      $     4.28      $     1,000.00      $     1,020.53      $     4.31        0.86

Class IB

   $ 1,000.00      $ 1,007.20      $ 5.52      $ 1,000.00      $ 1,019.29      $ 5.56        1.11

Hartford Small Cap Growth HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     1,087.10      $     3.31      $     1,000.00      $     1,021.62      $     3.21        0.64

Class IB

   $ 1,000.00      $ 1,086.00      $ 4.60      $ 1,000.00      $ 1,020.38      $ 4.46        0.89

Hartford Small Company HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     1,128.30      $     4.17      $     1,000.00      $     1,020.88      $     3.96        0.79

Class IB

   $ 1,000.00      $ 1,127.00      $ 5.48      $ 1,000.00      $ 1,019.64      $ 5.21        1.04

Hartford Small/Mid Cap Equity HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     1,040.90      $     4.60      $     1,000.00      $     1,020.28      $     4.56        0.91

Class IB

   $ 1,000.00      $ 1,040.00      $ 5.87      $ 1,000.00      $ 1,019.04      $ 5.81        1.16

 

 

  43  

 


Hartford HLS Funds

Expense Examples (Unaudited) – (continued)

 

 

 

Hartford Stock HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     1,019.40      $     2.60      $     1,000.00      $     1,022.22      $     2.61        0.52

Class IB

   $ 1,000.00      $ 1,018.10      $ 3.85      $ 1,000.00      $ 1,020.98      $ 3.86        0.77

Hartford Total Return Bond HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     985.00      $     2.51      $     1,000.00      $     1,022.27      $     2.56        0.51

Class IB

   $ 1,000.00      $ 984.90      $ 3.74      $ 1,000.00      $ 1,021.03      $ 3.81        0.76

Hartford Ultrashort Bond HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     1,006.00      $     2.24      $     1,000.00      $     1,022.56      $     2.26        0.45

Class IB

   $ 1,000.00      $ 1,005.00      $ 3.48      $ 1,000.00      $ 1,021.32      $ 3.51        0.70

Hartford U.S. Government Securities HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     995.10      $     2.52      $     1,000.00      $     1,022.27      $     2.56        0.51

Class IB

   $ 1,000.00      $ 993.10      $ 3.76      $ 1,000.00      $ 1,021.03      $ 3.81        0.76

 

 

  44  

 


Hartford HLS Funds

Expense Examples (Unaudited) – (continued)

 

 

 

Hartford Value HLS Fund

 

     Actual Return      Hypothetical (5% return before expenses)         
      Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Beginning
Account
Value
January 1,
2018
     Ending
Account
Value
June 30,
2018
     Expenses paid
during the period
January 1, 2018
through
June 30,
2018
     Annualized
expense
ratio
 

Class IA

   $     1,000.00      $     988.20      $     3.55      $     1,000.00      $     1,021.22      $     3.61        0.72

Class IB

   $ 1,000.00      $ 987.50      $ 4.78      $ 1,000.00      $ 1,019.98      $ 4.86        0.97

 

 

  45  

 


Hartford Balanced HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 67.8%  
            Banks - 6.6%  
    1,142,040    

Bank of America Corp.

  $ 32,194,107  
    462,600    

Citigroup, Inc.

    30,957,192  
    364,850    

JP Morgan Chase & Co.

    38,017,370  
    139,480    

PNC Financial Services Group, Inc.

    18,843,748  
    462,440    

Wells Fargo & Co.

    25,637,674  
     

 

 

 
        145,650,091  
     

 

 

 
            Capital Goods - 4.5%  
    71,940    

3M Co.

    14,152,037  
    121,480    

Caterpillar, Inc.

    16,481,192  
    261,090    

Eaton Corp. plc

    19,513,866  
    260,200    

Fortune Brands Home & Security, Inc.

    13,970,138  
    170,470    

Ingersoll-Rand plc

    15,296,273  
    167,670    

United Technologies Corp.

    20,963,780  
     

 

 

 
        100,377,286  
     

 

 

 
            Consumer Durables & Apparel - 1.6%  
    278,690    

Newell Brands, Inc.

    7,187,415  
    175,880    

NIKE, Inc. Class B

    14,014,119  
    481,440    

PulteGroup, Inc.

    13,841,400  
     

 

 

 
        35,042,934  
     

 

 

 
            Consumer Services - 1.3%  
    212,686    

Hilton Worldwide Holdings, Inc.

    16,836,224  
    241,850    

Norwegian Cruise Line Holdings Ltd.*

    11,427,412  
     

 

 

 
        28,263,636  
     

 

 

 
            Diversified Financials - 1.3%  
    605,830    

Invesco Ltd.

    16,090,845  
    798,160    

UBS Group AG*

    12,236,075  
     

 

 

 
        28,326,920  
     

 

 

 
            Energy - 4.9%  
    250,635    

Chevron Corp.

    31,687,783  
    157,170    

EOG Resources, Inc.

    19,556,663  
    160,710    

Exxon Mobil Corp.

    13,295,538  
    307,540    

Halliburton Co.

    13,857,753  
    65,990    

Pioneer Natural Resources Co.

    12,487,948  
    410,590    

Suncor Energy, Inc.

    16,702,801  
     

 

 

 
        107,588,486  
     

 

 

 
            Food & Staples Retailing - 0.5%  
    292,350    

US Foods Holding Corp.*

    11,056,677  
     

 

 

 
            Food, Beverage & Tobacco - 2.6%  
    291,516    

British American Tobacco plc

    14,684,643  
    159,786    

Kraft Heinz Co.

    10,037,757  
    348,890    

Mondelez International, Inc. Class A

    14,304,490  
    242,740    

Philip Morris International, Inc.

    19,598,828  
     

 

 

 
        58,625,718  
     

 

 

 
            Health Care Equipment & Services - 4.7%  
    399,980    

Boston Scientific Corp.*

    13,079,346  
    389,510    

Koninklijke Philips N.V.

    16,502,738  
    306,965    

Medtronic plc

    26,279,274  
    132,560    

UnitedHealth Group, Inc.

    32,522,270  
    133,630    

Universal Health Services, Inc. Class B

    14,891,727  
     

 

 

 
        103,275,355  
     

 

 

 
            Household & Personal Products - 0.7%  
    281,440    

Unilever N.V.

    15,681,837  
     

 

 

 
            Insurance - 2.2%  
    429,970    

American International Group, Inc.

    22,797,009  
    225,450    

Marsh & McLennan Cos., Inc.

    18,480,137  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 67.8% - (continued)  
            Insurance - 2.2% - (continued)  
    199,640    

Unum Group

  $ 7,384,684  
     

 

 

 
        48,661,830  
     

 

 

 
            Materials - 2.5%  
    429,850    

DowDuPont, Inc.

    28,335,712  
    126,400    

FMC Corp.

    11,276,144  
    317,680    

International Paper Co.

    16,544,774  
     

 

 

 
        56,156,630  
     

 

 

 
            Media - 2.1%  
    828,430    

Comcast Corp. Class A

    27,180,789  
    616,570    

Viacom, Inc. Class B

    18,595,751  
     

 

 

 
        45,776,540  
     

 

 

 
            Pharmaceuticals, Biotechnology & Life Sciences - 6.4%  
    122,180    

Allergan plc

    20,369,849  
    470,360    

AstraZeneca plc ADR

    16,514,340  
    415,360    

Bristol-Myers Squibb Co.

    22,986,022  
    131,630    

Eisai Co., Ltd.

    9,265,438  
    274,810    

Eli Lilly & Co.

    23,449,537  
    94,020    

Nektar Therapeutics*

    4,590,997  
    196,730    

Novartis AG

    14,902,480  
    69,735    

Roche Holding AG

    15,471,266  
    77,290    

Vertex Pharmaceuticals, Inc.*

    13,136,208  
     

 

 

 
        140,686,137  
     

 

 

 
            Real Estate - 0.7%  
    549,934    

Park Hotels & Resorts, Inc. REIT

    16,844,478  
     

 

 

 
            Retailing - 4.3%  
    11,702,200    

Allstar Co.*(1)(2)(3)(4)

    5,383,012  
    7,840    

Booking Holdings, Inc.*

    15,892,386  
    167,380    

Home Depot, Inc.

    32,655,838  
    721,170    

Qurate Retail, Inc.*

    15,303,227  
    233,280    

TJX Cos., Inc.

    22,203,590  
    67,006    

Tory Burch LLC*(1)(2)(3)(4)

    3,637,095  
     

 

 

 
        95,075,148  
     

 

 

 
            Semiconductors & Semiconductor Equipment - 4.5%  
    203,210    

Analog Devices, Inc.

    19,491,903  
    62,630    

Broadcom, Inc.

    15,196,543  
    422,170    

Intel Corp.

    20,986,071  
    260,590    

Maxim Integrated Products, Inc.

    15,286,209  
    497,240    

QUALCOMM, Inc.

    27,905,109  
     

 

 

 
        98,865,835  
     

 

 

 
            Software & Services - 9.0%  
    64,015    

Alphabet, Inc. Class C*

    71,418,335  
    201,310    

Cognizant Technology Solutions Corp. Class A

    15,901,477  
    245,890    

Facebook, Inc. Class A*

    47,781,345  
    655,610    

Microsoft Corp.

    64,649,702  
     

 

 

 
        199,750,859  
     

 

 

 
            Technology Hardware & Equipment - 4.4%  
    90,420    

Apple, Inc.

    16,737,646  
    894,410    

Cisco Systems, Inc.

    38,486,462  
    286,270    

NetApp, Inc.

    22,480,783  
    3,305,240    

Nokia Oyj

    18,958,448  
     

 

 

 
        96,663,339  
     

 

 

 
            Transportation - 1.3%  
    199,130    

Union Pacific Corp.

    28,212,738  
     

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  46  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 67.8% - (continued)  
            Utilities - 1.7%  
    227,050    

NextEra Energy, Inc.

  $ 37,924,162  
     

 

 

 
   

Total Common Stocks
(cost $1,102,127,408)

  $ 1,498,506,636  
     

 

 

 
     
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 3.9%  
      Asset-Backed - Automobile - 0.5%  
  $       296,742    

ARI Fleet Lease Trust
1.91%, 04/15/2026(2)

  $ 295,062  
    655,000    

Canadian Pacer Auto Receivables Trust
2.05%, 03/19/2021(2)

    649,229  
 

Chesapeake Funding LLC

 

    1,168,299    

1.91%, 08/15/2029(2)

    1,154,402  
    859,699    

1 mo. USD LIBOR + 0.450%,
2.52%, 05/15/2029(2)(5)

    859,723  
    1,233,936    

1 mo. USD LIBOR + 1.000%,
3.07%, 06/15/2028(2)(5)

    1,237,581  
 

Enterprise Fleet Financing LLC

 

    778,271    

1.97%, 01/20/2023(2)

    772,464  
    373,697    

2.13%, 07/20/2022(2)

    371,498  
    905,000    

2.13%, 05/22/2023(2)

    896,205  
 

First Investors Auto Owner Trust

 

    238,787    

1.86%, 10/15/2021(2)

    237,594  
    878,212    

2.00%, 03/15/2022(2)

    873,078  
    645,000    

OneMain Direct Auto Receivables Trust
2.31%, 12/14/2021(2)

    640,171  
    773    

Santander Drive Auto Receivables Trust
2.33%, 11/15/2019

    773  
 

Securitized Term Auto Receivables Trust

 

    1,191,730    

1.52%, 03/25/2020(2)

    1,186,123  
    550,000    

2.04%, 04/26/2021(2)

    542,272  
 

Wheels SPV LLC

 

    151,198    

1.59%, 05/20/2025(2)

    150,558  
    701,584    

1.88%, 04/20/2026(2)

    695,271  
     

 

 

 
    10,562,004  
     

 

 

 
      Asset-Backed - Credit Card - 0.1%  
    2,665,000    

CARDS Trust
1 mo. USD LIBOR + 0.700%,
2.77%, 07/15/2021(2)(5)

    2,665,679  
     

 

 

 
      Asset-Backed - Finance & Insurance - 2.2%  
    2,568,169    

Ajax Mortgage Loan Trust
3.16%, 09/25/2056(2)(6)

    2,517,958  
    1,780,000    

ALM VI Ltd.
3 mo. USD LIBOR + 1.400%,
3.75%, 07/15/2026(2)(5)

    1,777,819  
    3,480,000    

Atlas Senior Loan Fund Ltd.
3 mo. USD LIBOR + 1.300%,
3.65%, 01/16/2030(2)(5)

    3,481,740  
 

Bayview Opportunity Master Fund Trust

 

    686,052    

3.50%, 01/28/2055(2)(6)

    684,778  
    713,794    

3.50%, 06/28/2057(2)(6)

    712,371  
    1,323,113    

3.50%, 07/28/2057(2)(6)

    1,319,665  
    661,244    

4.00%, 11/28/2053(2)(6)

    667,440  
    903,741    

4.00%, 10/28/2064(2)(6)

    911,639  
    2,000,000    

BlueMountain CLO Ltd.
3 mo. USD LIBOR + 1.600%,
3.95%, 10/15/2026(2)(5)

    1,998,754  
    3,500,000    

CIFC Funding Ltd.
3 mo. USD LIBOR + 1.050%,
3.16%, 04/24/2030(2)(5)

    3,479,942  
Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 3.9% - (continued)  
      Asset-Backed - Finance & Insurance - 2.2% - (continued)  
 

Ford Credit Floorplan Master Owner Trust

 

  $       2,575,000    

1.75%, 07/15/2021

  $ 2,544,150  
    430,000    

2.09%, 03/15/2022(2)

    423,547  
 

GreatAmerica Leasing Receivables Funding LLC

 

    1,040,000    

2.36%, 01/20/2023(2)

    1,025,322  
    470,000    

2.60%, 06/15/2021(2)

    466,163  
    332,000    

2.83%, 06/17/2024(2)

    328,711  
    1,465,000    

KKR CLO Ltd.
3 mo. USD LIBOR + 1.340%,
3.69%, 04/15/2029(2)(5)

    1,471,008  
 

Madison Park Funding Ltd.

 

    2,635,000    

3 mo. USD LIBOR + 0.750%,
3.09%, 04/15/2029(2)(5)

    2,606,713  
    4,000,000    

3 mo. USD LIBOR + 1.120%,
3.48%, 07/20/2026(2)(5)

    3,998,464  
    2,690,000    

Magnetite VII Ltd.
3 mo. USD LIBOR + 0.800%,
3.15%, 01/15/2028(2)(5)

    2,674,124  
 

MMAF Equipment Finance LLC

 

    322,609    

1.73%, 05/18/2020(2)

    321,721  
    665,000    

2.21%, 10/17/2022(2)

    651,460  
    1,000,000    

2.21%, 12/15/2032(2)

    959,693  
 

Nationstar HECM Loan Trust

 

    255,597    

1.97%, 05/25/2027(2)

    254,728  
    292,297    

2.04%, 09/25/2027(2)(6)

    291,080  
    2,465,000    

Octagon Loan Funding Ltd.
3 mo. USD LIBOR + 1.140%,
3.47%, 11/18/2026(2)(5)

    2,464,408  
 

OneMain Financial Issuance Trust

 

    440,000    

3.66%, 02/20/2029(2)

    442,759  
    591,181    

4.10%, 03/20/2028(2)

    594,727  
    1,565,000    

SBA Tower Trust
2.90%, 10/15/2044(2)(7)

    1,555,082  
 

Springleaf Funding Trust

 

    440,000    

2.90%, 11/15/2029(2)

    437,733  
    1,110,165    

3.16%, 11/15/2024(2)

    1,109,738  
    755,000    

3.48%, 05/15/2028(2)

    754,545  
    1,965,000    

SPS Servicer Advance Receivables Trust
2.53%, 11/16/2048(2)

    1,974,000  
 

Towd Point Mortgage Trust

 

    1,217,075    

2.75%, 10/25/2056(2)(6)

    1,191,555  
    307,056    

2.75%, 04/25/2057(2)(6)

    302,016  
    864,657    

2.75%, 06/25/2057(2)(6)

    843,846  
    417,921    

3.00%, 01/25/2058(2)(6)

    411,495  
    812,283    

Vantage Data Centers Issuer LLC
4.07%, 02/16/2043(2)

    812,595  
     

 

 

 
    48,463,489  
     

 

 

 
      Commercial Mortgage - Backed Securities - 0.7%  
    1,575,000    

Commercial Mortgage Trust
3.18%, 02/10/2048

    1,537,404  
 

CSAIL Commercial Mortgage Trust

 

    3,200,000    

3.50%, 06/15/2057

    3,170,786  
    3,400,000    

3.51%, 04/15/2050

    3,382,315  
    2,220,000    

CSMC Trust
2.76%, 04/05/2033(2)

    2,186,658  
 

FREMF Mortgage Trust

 

    230,000    

3.26%, 04/25/2046(2)(6)

    229,820  
    385,000    

3.48%, 05/25/2045(2)(6)

    385,871  
    525,000    

5.69%, 04/25/2020(2)(6)

    544,211  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  47  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 3.9% - (continued)  
      Commercial Mortgage - Backed Securities - 0.7% - (continued)  
  $       710,000    

JP Morgan Chase Commercial Mortgage Securities Trust
3.91%, 01/15/2049

  $ 721,568  
    317    

LB-UBS Commercial Mortgage Trust
6.32%, 04/15/2041(6)

    318  
    3,100,000    

Morgan Stanley Bank of America Merrill Lynch Trust
3.31%, 04/15/2048

    3,040,905  
    1,000,000    

SFAVE Commercial Mortgage Securities Trust
4.14%, 01/05/2043(2)(6)

    965,478  
     

 

 

 
    16,165,334  
     

 

 

 
      Whole Loan Collateral CMO - 0.4%  
    477,445    

Angel Oak Mortgage Trust LLC
2.71%, 11/25/2047(2)(6)

    474,255  
    913,557    

COLT Mortgage Loan Trust
2.93%, 02/25/2048(2)(6)

    909,345  
 

Deephaven Residential Mortgage Trust

 

    587,616    

2.45%, 06/25/2047(2)(6)

    579,130  
    539,153    

2.58%, 10/25/2047(2)(6)

    535,813  
    260,098    

2.73%, 12/26/2046(2)(6)

    258,997  
    836,035    

2.98%, 12/25/2057(2)(6)

    831,057  
    427,813    

Finance of America Structured Securities Trust
2.32%, 11/25/2027(2)(6)

    427,062  
    815,651    

MetLife Securitization Trust
3.00%, 04/25/2055(2)(6)

    801,533  
 

Mill City Mortgage Loan Trust

 

    387,122    

2.50%, 04/25/2057(2)(6)

    379,811  
    964,995    

2.75%, 01/25/2061(2)(6)

    945,510  
    1,129,742    

New Residential Mortgage Loan Trust
4.00%, 04/25/2057(2)(6)

    1,140,665  
    871,052    

Towd Point Mortgage Trust
2.25%, 04/25/2056(2)(6)

    850,780  
     

 

 

 
    8,133,958  
     

 

 

 
 

Total Asset & Commercial Mortgage Backed Securities
(cost $87,483,776)

  $ 85,990,464  
     

 

 

 
     
CORPORATE BONDS - 18.9%  
      Aerospace/Defense - 0.2%  
  $       850,000    

BAE Systems Holdings, Inc.
3.85%, 12/15/2025(2)

  $ 840,198  
    2,345,000    

General Dynamics Corp.
2.88%, 05/11/2020

    2,342,451  
 

Lockheed Martin Corp.

 

    500,000    

4.07%, 12/15/2042

    481,056  
    256,000    

4.50%, 05/15/2036

    265,690  
    560,000    

4.85%, 09/15/2041

    594,237  
     

 

 

 
    4,523,632  
     

 

 

 
      Agriculture - 0.4%  
 

Altria Group, Inc.

 

    560,000    

4.50%, 05/02/2043

    537,099  
    1,995,000    

4.75%, 05/05/2021

    2,071,947  
    2,160,000    

BAT Capital Corp.
3.56%, 08/15/2027(2)

    2,009,667  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 18.9% - (continued)  
      Agriculture - 0.4% - (continued)  
 

BAT International Finance plc

 

  $       685,000    

2.75%, 06/15/2020(2)

  $ 677,528  
    2,775,000    

3.25%, 06/07/2022(2)

    2,730,077  
    290,000    

3.50%, 06/15/2022(2)

    287,242  
    1,065,000    

Imperial Brands Finance plc
3.75%, 07/21/2022(2)

    1,057,069  
    325,000    

Philip Morris International, Inc.
4.88%, 11/15/2043

    334,783  
     

 

 

 
    9,705,412  
     

 

 

 
      Airlines - 0.2%  
    2,903,609    

Continental Airlines, Inc.
5.98%, 10/19/2023

    3,074,050  
    1,958,044    

Southwest Airlines Co.
6.15%, 02/01/2024

    2,076,472  
    170,000    

United Airlines Class B Pass Through Trust
4.60%, 09/01/2027

    170,844  
     

 

 

 
    5,321,366  
     

 

 

 
      Auto Manufacturers - 0.5%  
 

Daimler Finance North America LLC

 

    150,000    

2.25%, 07/31/2019(2)

    148,807  
    1,440,000    

2.30%, 02/12/2021(2)

    1,398,756  
    665,000    

Ford Motor Co.
4.35%, 12/08/2026

    652,639  
    4,200,000    

Ford Motor Credit Co. LLC
3.10%, 05/04/2023

    3,999,794  
 

General Motors Financial Co., Inc.

 

    3,185,000    

3.70%, 05/09/2023

    3,124,660  
    1,245,000    

3.95%, 04/13/2024

    1,218,365  
    580,000    

Volkswagen Group of America Finance LLC
2.45%, 11/20/2019(2)

    573,581  
     

 

 

 
    11,116,602  
     

 

 

 
      Beverages - 0.3%  
 

Anheuser-Busch InBev Finance, Inc.

 

    1,750,000    

3.65%, 02/01/2026

    1,713,151  
    310,000    

4.70%, 02/01/2036

    314,200  
    280,000    

4.90%, 02/01/2046

    287,946  
 

Anheuser-Busch InBev Worldwide, Inc.

 

    1,125,000    

3.50%, 01/12/2024

    1,118,053  
    220,000    

4.38%, 04/15/2038

    213,577  
 

Coca-Cola Femsa S.A.B. de C.V.

 

    530,000    

2.38%, 11/26/2018

    529,273  
    1,300,000    

3.88%, 11/26/2023

    1,301,774  
    245,000    

Constellation Brands, Inc.
2.70%, 05/09/2022

    236,803  
   

Molson Coors Brewing Co.

 

    765,000    

3.50%, 05/01/2022

    762,197  
    215,000    

5.00%, 05/01/2042

    218,033  
     

 

 

 
        6,695,007  
     

 

 

 
            Biotechnology - 0.1%  
    1,340,000    

Biogen, Inc.
2.90%, 09/15/2020

    1,334,169  
   

Celgene Corp.

 

    230,000    

2.25%, 05/15/2019

    228,888  
    770,000    

3.55%, 08/15/2022

    764,143  
    535,000    

3.63%, 05/15/2024

    521,948  
    335,000    

Gilead Sciences, Inc.
2.55%, 09/01/2020

    330,975  
     

 

 

 
        3,180,123  
     

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  48  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 18.9% - (continued)  
            Chemicals - 0.2%  
  $       2,740,000    

CNAC HK Synbridge Co., Ltd.
5.00%, 05/05/2020

  $ 2,748,768  
    1,950,000    

Nutrien Ltd.
3.15%, 10/01/2022

    1,896,768  
     

 

 

 
        4,645,536  
     

 

 

 
            Commercial Banks - 5.1%  
   

Banco Santander S.A.

 

    1,400,000    

3.13%, 02/23/2023

    1,328,474  
    1,000,000    

3.85%, 04/12/2023

    977,992  
   

Bank of America Corp.

 

    1,220,000    

2.63%, 10/19/2020

    1,204,994  
    1,799,000    

3 mo. USD LIBOR + 1.040%,
3.42%, 12/20/2028(5)

    1,694,072  
    1,610,000    

3 mo. USD LIBOR + 1.370%,
3.59%, 07/21/2028(5)

    1,537,126  
    2,950,000    

4.20%, 08/26/2024

    2,965,397  
    2,020,000    

Bank of New York Mellon Corp.
2.15%, 02/24/2020

    1,994,995  
    2,830,000    

Banque Federative du Credit Mutuel S.A.
2.75%, 10/15/2020(2)

    2,794,335  
    2,740,000    

Barclays plc
3.20%, 08/10/2021

    2,684,501  
    1,660,000    

BB&T Corp.
3.20%, 09/03/2021

    1,654,752  
   

BNP Paribas S.A.

 

    2,075,000    

2.40%, 12/12/2018

    2,073,840  
    590,000    

2.95%, 05/23/2022(2)

    569,542  
    1,000,000    

3.38%, 01/09/2025(2)

    944,683  
    2,410,000    

3.50%, 11/16/2027(2)

    2,235,795  
   

BPCE S.A.

 

    365,000    

2.50%, 12/10/2018

    364,796  
    305,000    

3.00%, 05/22/2022(2)

    294,587  
    2,025,000    

3.50%, 10/23/2027(2)

    1,848,349  
    2,225,000    

5.15%, 07/21/2024(2)

    2,255,956  
    1,425,000    

5.70%, 10/22/2023(2)

    1,488,162  
    2,875,000    

Capital One Financial Corp.
3.75%, 04/24/2024

    2,819,911  
   

Citigroup, Inc.

 

    1,220,000    

2.50%, 07/29/2019

    1,214,527  
    2,355,000    

3 mo. USD LIBOR + 1.151%,
3.52%, 10/27/2028(5)

    2,212,616  
    533,000    

5.30%, 05/06/2044

    548,739  
    290,000    

8.13%, 07/15/2039

    407,921  
    1,695,000    

Citizens Bank NA
2.55%, 05/13/2021

    1,653,048  
    505,000    

Compass Bank
2.75%, 09/29/2019

    502,230  
   

Credit Agricole S.A.

 

    950,000    

2.50%, 04/15/2019(2)

    947,936  
    1,025,000    

3.25%, 10/04/2024(2)

    965,236  
    535,000    

3.75%, 04/24/2023(2)

    524,165  
    790,000    

4.38%, 03/17/2025(2)

    762,127  
 

Credit Suisse AG

 

    945,000    

2.30%, 05/28/2019

    940,458  
    855,000    

3.00%, 10/29/2021

    843,560  
    250,000    

3.63%, 09/09/2024

    245,822  
 

Credit Suisse Group AG

 

    345,000    

3 mo. USD LIBOR + 1.240%,
3.57%, 06/12/2024(2)(5)

    344,691  
    530,000    

3.57%, 01/09/2023(2)

    519,152  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 18.9% - (continued)  
            Commercial Banks - 5.1% - (continued)  
  $       260,000    

3 mo. USD LIBOR + 1.410%,
3.87%, 01/12/2029(2)(5)

  $ 244,485  
 

Credit Suisse Group Funding Guernsey Ltd.

 

    1,425,000    

3.75%, 03/26/2025

    1,370,521  
    1,885,000    

3.80%, 09/15/2022

    1,876,727  
 

Deutsche Bank AG

 

    1,925,000    

3.15%, 01/22/2021

    1,862,966  
    2,210,000    

4.25%, 10/14/2021

    2,178,773  
 

Goldman Sachs Group, Inc.

 

    250,000    

3 mo. USD LIBOR + 1.158%,
3.81%, 04/23/2029(5)

    237,784  
    2,590,000    

6.25%, 02/01/2041

    3,023,982  
 

HSBC Holdings plc

 

    1,030,000    

3.40%, 03/08/2021

    1,029,629  
    4,625,000    

3.60%, 05/25/2023

    4,579,661  
    590,000    

3 mo. USD LIBOR + 1.535%,
4.58%, 06/19/2029(5)

    595,920  
 

Huntington National Bank

 

    2,120,000    

2.20%, 11/06/2018

    2,117,150  
    1,490,000    

2.40%, 04/01/2020

    1,469,401  
 

ING Groep N.V.

 

    345,000    

3.15%, 03/29/2022

    338,526  
    1,100,000    

3.95%, 03/29/2027

    1,073,573  
 

JP Morgan Chase & Co.

 

    2,240,000    

3.25%, 09/23/2022

    2,219,235  
    2,000,000    

4.95%, 03/25/2020

    2,059,669  
    2,600,000    

Korea Development Bank
2.50%, 03/11/2020

    2,565,041  
    470,000    

Macquarie Bank Ltd.
2.40%, 01/21/2020(2)

    463,884  
    2,215,000    

Macquarie Group Ltd.
3 mo. USD LIBOR + 1.330%,
4.15%, 03/27/2024(2)(5)

    2,204,522  
 

Morgan Stanley

 

    4,875,000    

2.50%, 01/24/2019

    4,867,312  
    1,450,000    

3.13%, 07/27/2026

    1,348,827  
    1,800,000    

3.63%, 01/20/2027

    1,728,407  
    1,000,000    

3.70%, 10/23/2024

    987,246  
    250,000    

5.63%, 09/23/2019

    257,614  
    4,250,000    

National City Corp.
6.88%, 05/15/2019

    4,390,974  
    4,905,000    

NBK SPC Ltd.
2.75%, 05/30/2022(2)

    4,672,994  
    1,755,000    

Santander Holdings USA, Inc.
3.40%, 01/18/2023

    1,694,478  
 

Santander UK plc

 

    1,375,000    

2.50%, 03/14/2019

    1,372,231  
    2,150,000    

5.00%, 11/07/2023(2)

    2,182,652  
    1,775,000    

Societe Generale S.A.
3.25%, 01/12/2022(2)

    1,732,080  
    640,000    

SunTrust Bank
3.30%, 05/15/2026

    604,188  
 

UBS Group Funding Switzerland AG

 

    1,665,000    

2.95%, 09/24/2020(2)

    1,647,452  
    1,900,000    

3.00%, 04/15/2021(2)

    1,870,960  
 

Wells Fargo & Co.

 

    4,344,000    

4.48%, 01/16/2024

    4,430,917  
    850,000    

4.75%, 12/07/2046

    822,527  
     

 

 

 
        112,486,795  
     

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  49  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 18.9% - (continued)  
            Commercial Services - 0.4%  
   

Catholic Health Initiatives

 

  $       765,000    

2.60%, 08/01/2018

  $ 765,007  
    1,854,000    

2.95%, 11/01/2022

    1,790,181  
    245,000    

4.35%, 11/01/2042

    231,839  
   

ERAC USA Finance LLC

 

    655,000    

2.35%, 10/15/2019(2)

    647,646  
    1,800,000    

4.50%, 08/16/2021(2)

    1,844,763  
    1,500,000    

5.63%, 03/15/2042(2)

    1,626,140  
    2,545,000    

Total System Services, Inc.
3.80%, 04/01/2021

    2,562,398  
     

 

 

 
        9,467,974  
     

 

 

 
            Diversified Financial Services - 0.8%  
    1,655,000    

Capital One Bank USA NA
2.15%, 11/21/2018

    1,652,079  
    2,475,000    

CDP Financial, Inc.
4.40%, 11/25/2019(2)

    2,530,868  
    1,910,000    

LeasePlan Corp. N.V.
2.88%, 01/22/2019(2)

    1,906,809  
    6,929,923    

Postal Square L.P.
8.95%, 06/15/2022

    7,826,073  
   

Synchrony Financial

 

    2,045,000    

2.60%, 01/15/2019

    2,041,069  
    520,000    

2.70%, 02/03/2020

    514,517  
    355,000    

3.00%, 08/15/2019

    354,246  
     

 

 

 
        16,825,661  
     

 

 

 
            Electric - 2.0%  
    1,960,000    

Cleveland Electric Illuminating Co.
3.50%, 04/01/2028(2)

    1,858,758  
   

Dominion Energy, Inc.

 

    2,850,000    

3.63%, 12/01/2024

    2,794,756  
    1,750,000    

4.10%, 04/01/2021(7)

    1,774,412  
    725,000    

Dominion Energy, Inc.
2.96%, 07/01/2019(7)

    723,386  
    1,200,000    

Duke Energy Carolinas LLC
6.10%, 06/01/2037

    1,507,630  
    855,000    

Duke Energy Corp.
2.65%, 09/01/2026

    770,075  
    1,375,000    

Electricite de France S.A.
10 year USD Swap + 3.041%,
5.63%, 01/22/2024(2)(5)(8)

    1,347,500  
    365,000    

Emera U.S. Finance L.P.
2.70%, 06/15/2021

    355,259  
    640,000    

Entergy Corp.
2.95%, 09/01/2026

    583,933  
    1,000,000    

FirstEnergy Corp.
3.90%, 07/15/2027

    970,110  
    1,705,000    

Fortis, Inc.
3.06%, 10/04/2026

    1,553,433  
    1,275,000    

Indianapolis Power and Light Co.
6.60%, 06/01/2037(2)

    1,632,889  
    515,000    

Infraestructura Energetica Nova S.A.B. de C.V.
4.88%, 01/14/2048(2)

    441,612  
    1,700,000    

NextEra Energy Capital Holdings, Inc.
3.55%, 05/01/2027

    1,634,084  
    750,000    

Oglethorpe Power Corp.
5.25%, 09/01/2050

    820,616  
   

Oncor Electric Delivery Co. LLC

 

    385,000    

2.95%, 04/01/2025

    369,373  
    1,185,000    

4.10%, 06/01/2022

    1,214,468  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 18.9% - (continued)  
            Electric - 2.0% - (continued)  
   

Pacific Gas & Electric Co.

 

  $       695,000    

3.85%, 11/15/2023

  $ 685,267  
    100,000    

3.95%, 12/01/2047

    85,545  
    45,000    

4.30%, 03/15/2045

    40,464  
    45,000    

4.75%, 02/15/2044

    42,656  
    720,000    

5.13%, 11/15/2043

    708,696  
    1,345,000    

5.40%, 01/15/2040

    1,367,865  
    996,000    

5.80%, 03/01/2037

    1,041,149  
    265,000    

6.05%, 03/01/2034

    286,166  
    320,000    

6.25%, 03/01/2039

    350,752  
    55,000    

6.35%, 02/15/2038

    59,234  
   

SCANA Corp.

 

    2,031,000    

4.13%, 02/01/2022

    1,998,098  
    2,780,000    

4.75%, 05/15/2021(9)

    2,808,071  
    1,100,000    

6.25%, 04/01/2020

    1,132,811  
   

South Carolina Electric & Gas Co.

 

    215,000    

4.35%, 02/01/2042

    203,934  
    205,000    

4.60%, 06/15/2043

    200,791  
    1,180,000    

6.05%, 01/15/2038

    1,339,265  
    2,000,000    

Southern California Edison Co.
5.55%, 01/15/2037

    2,287,637  
   

Southern Co.

 

    1,450,000    

2.75%, 06/15/2020

    1,437,533  
    2,050,000    

2.95%, 07/01/2023

    1,977,448  
   

State Grid Overseas Investment Ltd.

 

    1,795,000    

2.75%, 05/07/2019(2)

    1,789,202  
    1,485,000    

2.75%, 05/04/2022(2)

    1,440,524  
    1,490,000    

3.50%, 05/04/2027(2)

    1,421,892  
     

 

 

 
        43,057,294  
     

 

 

 
            Engineering & Construction - 0.1%  
    985,000    

Mexico City Airport Trust
5.50%, 07/31/2047(2)

    877,635  
   

SBA Tower Trust

 

    1,235,000    

2.88%, 07/10/2046(2)

    1,199,636  
    225,000    

3.45%, 03/15/2048(2)

    223,508  
     

 

 

 
        2,300,779  
     

 

 

 
            Food - 0.3%  
   

Kraft Heinz Foods Co.

 

    530,000    

3.00%, 06/01/2026

    477,278  
    2,030,000    

3.50%, 07/15/2022

    2,006,405  
    1,890,000    

4.38%, 06/01/2046

    1,635,046  
   

Kroger Co.

 

    620,000    

3.30%, 01/15/2021

    618,995  
    1,065,000    

4.00%, 02/01/2024

    1,067,431  
    250,000    

4.45%, 02/01/2047

    227,381  
    680,000    

Sigma Alimentos S.A. de C.V.
4.13%, 05/02/2026(2)

    637,500  
     

 

 

 
        6,670,036  
     

 

 

 
            Gas - 0.1%  
    330,000    

Boston Gas Co.
3.15%, 08/01/2027(2)

    311,310  
    1,870,000    

KeySpan Gas East Corp.
2.74%, 08/15/2026(2)

    1,730,574  
     

 

 

 
        2,041,884  
     

 

 

 
            Healthcare - Products - 0.1%  
   

Medtronic, Inc.

 

    545,000    

2.50%, 03/15/2020

    541,218  
    775,000    

3.15%, 03/15/2022

    768,793  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  50  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 18.9% - (continued)  
            Healthcare - Products - 0.1% - (continued)  
  $       1,230,000    

3.50%, 03/15/2025

  $ 1,217,104  
    310,000    

3.63%, 03/15/2024

    311,137  
     

 

 

 
        2,838,252  
     

 

 

 
            Healthcare - Services - 0.7%  
   

Anthem, Inc.

 

    421,000    

3.30%, 01/15/2023

    413,584  
    1,360,000    

4.10%, 03/01/2028

    1,330,400  
    675,000    

4.65%, 08/15/2044

    654,828  
    590,000    

Catholic Health Initiatives
4.20%, 08/01/2023

    594,789  
   

Dignity Health

 

    180,000    

2.64%, 11/01/2019

    179,656  
    714,000    

3.81%, 11/01/2024

    703,787  
    1,353,000    

4.50%, 11/01/2042

    1,305,364  
    1,770,000    

Humana, Inc.
2.90%, 12/15/2022

    1,719,640  
    521,000    

Kaiser Foundation Hospitals
3.50%, 04/01/2022

    525,642  
    2,000,000    

Mercy Health
3.56%, 08/01/2027

    1,950,612  
   

Orlando Health OBL Group

 

    395,000    

3.78%, 10/01/2028

    391,126  
    105,000    

4.09%, 10/01/2048

    104,246  
    465,000    

Providence St Joseph Health Obligated Group
3.93%, 10/01/2048

    445,618  
    1,810,000    

SSM Health Care Corp.
3.82%, 06/01/2027

    1,803,109  
    175,000    

Stanford Health Care
3.80%, 11/15/2048

    168,019  
   

UnitedHealth Group, Inc.

 

    920,000    

3.35%, 07/15/2022

    921,306  
    1,440,000    

3.75%, 07/15/2025

    1,440,240  
    910,000    

3.85%, 06/15/2028

    911,413  
     

 

 

 
        15,563,379  
     

 

 

 
            Household Products - 0.2%  
    4,183,168    

Procter & Gamble Co.
9.36%, 01/01/2021

    4,490,504  
     

 

 

 
            Insurance - 0.4%  
    1,000,000    

Berkshire Hathaway, Inc.
2.75%, 03/15/2023

    978,613  
   

Chubb INA Holdings, Inc.

 

    495,000    

2.30%, 11/03/2020

    486,191  
    840,000    

3.35%, 05/15/2024

    827,746  
    200,000    

Five Corners Funding Trust
4.42%, 11/15/2023(2)

    205,783  
    550,000    

Liberty Mutual Group, Inc.
4.25%, 06/15/2023(2)

    555,559  
   

MetLife, Inc.

 

    2,205,000    

3.60%, 04/10/2024

    2,186,886  
    795,000    

4.88%, 11/13/2043

    839,035  
    2,220,000    

Trinity Acquisition plc
4.40%, 03/15/2026

    2,198,231  
     

 

 

 
        8,278,044  
     

 

 

 
            Internet - 0.3%  
   

Alibaba Group Holding Ltd.

 

    200,000    

2.50%, 11/28/2019

    198,665  
    1,775,000    

3.40%, 12/06/2027

    1,653,836  
    1,045,000    

3.60%, 11/28/2024

    1,028,199  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 18.9% - (continued)  
            Internet - 0.3% - (continued)  
   

Amazon.com, Inc.

 

  $       1,250,000    

2.50%, 11/29/2022

  $ 1,213,118  
    475,000    

4.25%, 08/22/2057

    468,366  
    1,020,000    

4.80%, 12/05/2034

    1,117,554  
    480,000    

4.95%, 12/05/2044

    532,654  
    1,095,000    

Tencent Holdings Ltd.
3.60%, 01/19/2028(2)

    1,035,892  
     

 

 

 
        7,248,284  
     

 

 

 
            IT Services - 0.1%  
   

Apple, Inc.

 

    80,000    

2.45%, 08/04/2026

    73,427  
    546,000    

3.25%, 02/23/2026

    532,948  
    1,360,000    

3.45%, 05/06/2024

    1,359,865  
     

 

 

 
        1,966,240  
     

 

 

 
      Lodging - 0.1%  
    1,900,000    

Marriott International, Inc.
2.88%, 03/01/2021

    1,873,621  
     

 

 

 
      Machinery - Construction & Mining - 0.1%  
    1,500,000    

Caterpillar Financial Services Corp.
3.30%, 06/09/2024

    1,490,070  
     

 

 

 
      Media - 0.8%  
 

21st Century Fox America, Inc.

 

    385,000    

4.00%, 10/01/2023

    390,033  
    1,275,000    

4.50%, 02/15/2021

    1,309,629  
 

Charter Communications Operating LLC / Charter Communications Operating Capital

 
    485,000    

5.38%, 05/01/2047

    440,427  
    150,000    

6.48%, 10/23/2045

    158,105  
    2,050,000    

Comcast Corp.
4.40%, 08/15/2035

    1,994,634  
 

Cox Communications, Inc.

 

    80,000    

4.60%, 08/15/2047(2)

    73,107  
    2,320,000    

4.80%, 02/01/2035(2)

    2,136,373  
 

Sky plc

 

    1,265,000    

2.63%, 09/16/2019(2)

    1,256,068  
    2,386,000    

3.75%, 09/16/2024(2)

    2,372,219  
 

Time Warner Cable LLC

 

    395,000    

6.55%, 05/01/2037

    419,041  
    250,000    

7.30%, 07/01/2038

    283,377  
    480,000    

8.25%, 04/01/2019

    497,874  
    40,000    

8.75%, 02/14/2019

    41,335  
    130,000    

Time Warner Entertainment Co., L.P.
8.38%, 03/15/2023

    151,278  
 

Viacom, Inc.

 

    835,000    

3.88%, 12/15/2021

    833,457  
    2,175,000    

4.25%, 09/01/2023

    2,162,583  
    2,325,000    

Warner Media LLC
3.60%, 07/15/2025

    2,210,652  
     

 

 

 
        16,730,192  
     

 

 

 
      Mining - 0.1%  
    1,575,000    

Glencore Finance Canada Ltd.
4.25%, 10/25/2022(2)

    1,592,782  
     

 

 

 
      Oil & Gas - 1.3%  
    1,665,000    

Anadarko Petroleum Corp.
4.85%, 03/15/2021

    1,713,462  
    1,200,000    

BG Energy Capital plc
4.00%, 10/15/2021(2)

    1,219,504  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  51  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 18.9% - (continued)  
      Oil & Gas - 1.3% - (continued)  
 

BP Capital Markets plc

 

  $       655,000    

3.25%, 05/06/2022

  $ 652,937  
    140,000    

3.99%, 09/26/2023

    143,163  
    2,850,000    

4.75%, 03/10/2019

    2,891,231  
 

ConocoPhillips Co.

 

    75,000    

4.30%, 11/15/2044

    76,300  
    130,000    

4.95%, 03/15/2026

    140,111  
 

Equinor ASA

 

    340,000    

2.25%, 11/08/2019

    337,563  
    160,000    

2.45%, 01/17/2023

    154,294  
    495,000    

2.75%, 11/10/2021

    488,208  
    1,850,000    

2.90%, 11/08/2020

    1,845,744  
    210,000    

3.25%, 11/10/2024

    206,775  
    45,000    

3.70%, 03/01/2024

    45,415  
    920,000    

Marathon Oil Corp.
2.70%, 06/01/2020

    906,081  
    1,231,000    

Noble Energy, Inc.
4.15%, 12/15/2021

    1,250,731  
 

Petroleos Mexicanos

 

    40,000    

5.38%, 03/13/2022

    41,020  
    2,900,000    

5.50%, 01/21/2021

    2,985,521  
    670,000    

6.35%, 02/12/2048(2)

    604,675  
    2,425,000    

6.75%, 09/21/2047

    2,286,532  
    3,540,000    

Pioneer Natural Resources Co.
7.50%, 01/15/2020

    3,764,594  
 

Shell International Finance B.V.

 

    691,000    

3.25%, 05/11/2025

    677,054  
    500,000    

4.38%, 03/25/2020

    513,004  
    3,950,000    

Sinopec Group Overseas Development Ltd.
2.50%, 04/28/2020(2)

    3,892,123  
    1,375,000    

Total Capital International S.A.
2.70%, 01/25/2023

    1,337,958  
     

 

 

 
        28,174,000  
     

 

 

 
      Oil & Gas Services - 0.0%  
    940,000    

Schlumberger Holdings Corp.
3.00%, 12/21/2020(2)

    934,363  
     

 

 

 
      Pharmaceuticals - 1.2%  
 

Allergan Funding SCS

 

    1,195,000    

3.00%, 03/12/2020

    1,189,337  
    645,000    

3.45%, 03/15/2022

    634,672  
    1,950,000    

3.80%, 03/15/2025

    1,893,538  
    770,000    

4.55%, 03/15/2035

    728,538  
    20,000    

4.75%, 03/15/2045

    19,253  
    600,000    

4.85%, 06/15/2044

    579,538  
 

Allergan Sales LLC

 

    142,000    

4.88%, 02/15/2021(2)

    146,153  
    800,000    

5.00%, 12/15/2021(2)

    827,717  
 

Bayer U.S. Finance LLC

 

    260,000    

2.38%, 10/08/2019(2)

    257,785  
    1,230,000    

4.25%, 12/15/2025(2)

    1,236,582  
 

Cardinal Health, Inc.

 

    990,000    

2.40%, 11/15/2019

    979,739  
    445,000    

3.08%, 06/15/2024

    419,250  
    880,000    

3.50%, 11/15/2024

    845,867  
    785,000    

4.50%, 11/15/2044

    708,663  
    3,130,000    

CVS Health Corp.
4.10%, 03/25/2025

    3,113,415  
    2,015,000    

EMD Finance LLC
2.95%, 03/19/2022(2)

    1,969,709  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 18.9% - (continued)  
      Pharmaceuticals - 1.2% - (continued)  
  $       1,525,000    

Express Scripts Holding Co.
2.25%, 06/15/2019

  $ 1,513,944  
 

McKesson Corp.

 

    100,000    

2.85%, 03/15/2023

    95,642  
    650,000    

3.80%, 03/15/2024

    641,601  
 

Merck & Co., Inc.

 

    1,960,000    

2.75%, 02/10/2025

    1,873,748  
    1,640,000    

2.80%, 05/18/2023

    1,604,789  
    325,000    

Mylan N.V.
3.95%, 06/15/2026

    310,374  
 

Mylan, Inc.

 

    1,025,000    

4.55%, 04/15/2028(2)

    1,001,687  
    455,000    

5.20%, 04/15/2048(2)

    437,503  
    755,000    

Teva Pharmaceutical Finance Co. B.V.
3.65%, 11/10/2021

    723,063  
    3,665,000    

Teva Pharmaceutical Finance Netherlands B.V.
2.80%, 07/21/2023

    3,165,644  
     

 

 

 
        26,917,751  
     

 

 

 
      Pipelines - 0.6%  
    235,000    

Andeavor Logistics L.P. / Tesoro Logistics Finance Corp.
3.50%, 12/01/2022

    229,613  
 

Energy Transfer Partners LP

 

    375,000    

4.50%, 11/01/2023

    377,212  
    872,000    

7.60%, 02/01/2024

    982,272  
    2,395,000    

EQT Midstream Partners L.P.
4.75%, 07/15/2023

    2,391,141  
    1,840,000    

MPLX L.P.
4.00%, 03/15/2028

    1,749,980  
    2,425,000    

Phillips 66 Partners L.P.
3.61%, 02/15/2025

    2,312,399  
 

Sunoco Logistics Partners Operations L.P.

 

    1,200,000    

3.90%, 07/15/2026

    1,123,270  
    509,000    

4.40%, 04/01/2021

    517,144  
    800,000    

5.35%, 05/15/2045

    728,258  
    2,470,000    

Western Gas Partners L.P.
4.00%, 07/01/2022

    2,441,070  
     

 

 

 
        12,852,359  
     

 

 

 
      Real Estate - 0.1%  
 

WEA Finance LLC / Westfield UK & Europe Finance plc

 

    730,000    

2.70%, 09/17/2019(2)

    726,973  
    1,400,000    

3.25%, 10/05/2020(2)

    1,397,215  
     

 

 

 
        2,124,188  
     

 

 

 
      Real Estate Investment Trusts - 0.5%  
 

American Tower Corp.

 

    975,000    

3.45%, 09/15/2021

    970,962  
    375,000    

4.40%, 02/15/2026

    372,314  
    1,110,000    

5.00%, 02/15/2024

    1,151,108  
    760,000    

AvalonBay Communities, Inc.
3.63%, 10/01/2020

    765,830  
    1,950,000    

Brandywine Operating Partnership L.P.
3.95%, 11/15/2027

    1,852,699  
 

Crown Castle International Corp.

 

    635,000    

3.65%, 09/01/2027

    590,650  
    525,000    

3.80%, 02/15/2028

    492,103  
    2,960,000    

HCP, Inc.
4.00%, 06/01/2025

    2,896,655  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  52  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 18.9% - (continued)  
      Real Estate Investment Trusts - 0.5% - (continued)  
  $       1,735,000    

Scentre Group Trust
2.38%, 11/05/2019(2)

  $ 1,713,060  
     

 

 

 
        10,805,381  
     

 

 

 
      Retail - 0.2%  
 

CVS Health Corp.

 

    2,100,000    

4.00%, 12/05/2023

    2,108,739  
    685,000    

4.88%, 07/20/2035

    688,255  
    600,000    

5.13%, 07/20/2045

    607,968  
    850,000    

Lowe’s Cos., Inc.
4.63%, 04/15/2020

    869,122  
     

 

 

 
        4,274,084  
     

 

 

 
      Semiconductors - 0.1%  
    1,855,000    

Broadcom Corp. / Broadcom Cayman Finance Ltd.
3.63%, 01/15/2024

    1,795,655  
    810,000    

Microchip Technology, Inc.
3.92%, 06/01/2021(2)

    811,345  
     

 

 

 
        2,607,000  
     

 

 

 
      Software - 0.2%  
 

Microsoft Corp.

 

    1,605,000    

2.40%, 08/08/2026

    1,484,699  
    1,000,000    

3.70%, 08/08/2046

    972,486  
    2,300,000    

Oracle Corp.
3.25%, 11/15/2027

    2,199,205  
     

 

 

 
        4,656,390  
     

 

 

 
      Telecommunications - 0.8%  
 

America Movil S.A.B. de C.V.

 

    635,000    

3.13%, 07/16/2022

    624,089  
    390,000    

6.13%, 03/30/2040

    456,655  
 

AT&T, Inc.

 

    355,000    

3.95%, 01/15/2025

    347,200  
    800,000    

4.10%, 02/15/2028(2)

    764,458  
    2,185,000    

4.45%, 04/01/2024

    2,205,887  
    1,240,000    

4.50%, 03/09/2048

    1,068,991  
    715,000    

GTP Acquisition Partners I LLC
2.35%, 06/15/2045(2)

    701,552  
 

Orange S.A.

 

    2,200,000    

4.13%, 09/14/2021

    2,248,164  
    576,000    

9.00%, 03/01/2031

    790,417  
    2,440,000    

Sprint Spectrum Co. LLC / Sprint Spectrum Co. II LLC / Sprint Spectrum Co. III LLC
4.74%, 03/20/2025(2)

    2,421,212  
 

Verizon Communications, Inc.

 

    2,300,000    

2.95%, 03/15/2022(9)

    2,257,355  
    2,486,000    

4.52%, 09/15/2048

    2,266,513  
    715,000    

4.75%, 11/01/2041

    682,189  
    283,000    

4.81%, 03/15/2039

    273,648  
     

 

 

 
        17,108,330  
     

 

 

 
      Transportation - 0.3%  
    1,435,000    

FedEx Corp.
5.10%, 01/15/2044

    1,504,473  
 

Penske Truck Leasing Co. L.P. / PTL Finance Corp.

 

    1,685,000    

3.20%, 07/15/2020(2)

    1,680,848  
    1,100,000    

3.38%, 02/01/2022(2)

    1,084,215  
    1,525,000    

3.95%, 03/10/2025(2)

    1,507,215  
     

 

 

 
        5,776,751  
     

 

 

 
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 18.9% - (continued)  
      Water - 0.0%  
  $       625,000    

American Water Capital Corp.
2.95%, 09/01/2027

  $ 588,768  
     

 

 

 
   

Total Corporate Bonds
(cost $422,210,984)

  $ 416,928,834  
     

 

 

 
     
FOREIGN GOVERNMENT OBLIGATIONS - 0.8%  
      Mexico - 0.1%  
 

Mexico Government International Bond

 

    1,674,000    

4.00%, 10/02/2023

  $ 1,679,022  
    150,000    

4.75%, 03/08/2044

    139,183  
     

 

 

 
        1,818,205  
     

 

 

 
      Qatar - 0.4%  
 

Qatar Government International Bond

 

    4,990,000    

2.38%, 06/02/2021(2)

    4,815,849  
    1,680,000    

3.88%, 04/23/2023(2)

    1,678,777  
    645,000    

5.10%, 04/23/2048(2)

    643,039  
    2,635,000    

5.25%, 01/20/2020(2)

    2,712,670  
     

 

 

 
        9,850,335  
     

 

 

 
      Saudi Arabia - 0.2%  
 

Saudi Government International Bond

 

    935,000    

2.38%, 10/26/2021(2)

    897,787  
    1,680,000    

2.88%, 03/04/2023(2)

    1,615,999  
    760,000    

4.00%, 04/17/2025(2)

    756,245  
     

 

 

 
        3,270,031  
     

 

 

 
      South Korea - 0.1%  
    2,300,000    

Export-Import Bank of Korea
1.75%, 05/26/2019

    2,273,976  
     

 

 

 
   

Total Foreign Government Obligations
(cost $17,450,412)

  $ 17,212,547  
     

 

 

 
     
MUNICIPAL BONDS - 1.1%  
      General - 0.3%  
 

Chicago, IL, Transit Auth

 

    265,000    

6.30%, 12/01/2021

  $ 279,493  
    1,985,000    

6.90%, 12/01/2040

    2,582,922  
    365,000    

City of Sacramento, CA
6.42%, 08/01/2023

    414,388  
    1,345,000    

Kansas, Development FA
4.93%, 04/15/2045

    1,473,918  
    2,895,000    

New York State Urban Development Corp.
2.10%, 03/15/2022

    2,844,743  
    600,000    

San Jose Redev. Agcy. Successor Agcy.
3.38%, 08/01/2034

    574,098  
     

 

 

 
        8,169,562  
     

 

 

 
      General Obligation - 0.4%  
 

California State, GO Taxable

 

    620,000    

7.35%, 11/01/2039

    882,551  
    940,000    

7.55%, 04/01/2039

    1,386,162  
    685,000    

Chicago, IL, Metropolitan Water Reclamation, GO
5.72%, 12/01/2038

    847,838  
    3,780,000    

Illinois State, GO
5.10%, 06/01/2033

    3,577,241  
    2,065,000    

State of Connecticut, GO
2.99%, 01/15/2023

    2,019,363  
     

 

 

 
        8,713,155  
     

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  53  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
MUNICIPAL BONDS - 1.1% - (continued)  
      Medical - 0.1%  
  $       840,000    

University of California, Regents MedCenter Pooled, Rev
6.58%, 05/15/2049

  $ 1,126,045  
     

 

 

 
      Power - 0.0%  
    485,000    

New York, Utility Debt Securitization Auth
3.44%, 12/15/2025

    488,671  
     

 

 

 
      Transportation - 0.2%  
    1,875,000    

Illinois State Toll Highway Auth, Taxable Rev
6.18%, 01/01/2034

    2,340,900  
 

New York and New Jersey PA, Taxable Rev

 

    320,000    

4.81%, 10/15/2065

    360,134  
    570,000    

6.04%, 12/01/2029

    688,811  
    645,000    

North Texas Tollway Auth, Rev
6.72%, 01/01/2049

    915,694  
     

 

 

 
        4,305,539  
     

 

 

 
      Utility - Electric - 0.1%  
    1,294,000    

Municipal Electric Auth Georgia
6.64%, 04/01/2057

    1,636,121  
     

 

 

 
   

Total Municipal Bonds
(cost $22,515,892)

  $ 24,439,093  
     

 

 

 
     
U.S. GOVERNMENT AGENCIES - 0.3%  
      Mortgage-Backed Agencies - 0.3%  
      FHLMC - 0.0%  
  $       28,430    

1 year CMT + 2.249%, 3.83%, 04/01/2029(5)

  $ 29,506  
    31,683    

4.00%, 03/01/2041

    32,573  
     

 

 

 
        62,079  
     

 

 

 
      FNMA - 0.1%  
  $       1,086,617    

1 mo. USD LIBOR + 0.400%,
2.35%, 10/25/2024(5)

  $ 1,088,470  
    65,452    

4.50%, 11/01/2023

    68,203  
    133,741    

4.50%, 03/01/2038

    140,661  
    78,556    

4.50%, 11/01/2039

    82,607  
    49,173    

4.50%, 04/01/2040

    51,737  
    125,156    

4.50%, 08/01/2040

    131,684  
    45,318    

4.50%, 02/01/2041

    47,673  
    592,153    

4.50%, 04/01/2041

    623,013  
    355,243    

4.50%, 06/01/2041

    372,125  
    531,902    

4.50%, 07/01/2041

    559,102  
    196,867    

4.50%, 09/01/2041

    206,729  
    94,479    

4.50%, 07/01/2044

    98,960  
    497    

5.00%, 02/01/2019

    506  
    8,742    

5.00%, 04/01/2019

    8,891  
     

 

 

 
        3,480,361  
     

 

 

 
      GNMA - 0.2%  
    96,873    

5.00%, 07/15/2037

    103,222  
    13,353    

6.00%, 06/15/2024

    14,597  
    5,569    

6.00%, 07/15/2026

    6,087  
    6,686    

6.00%, 01/15/2028

    7,308  
    2,227    

6.00%, 03/15/2028

    2,456  
    49,420    

6.00%, 04/15/2028

    54,067  
    90,061    

6.00%, 05/15/2028

    98,451  
    19,828    

6.00%, 06/15/2028

    21,675  
    50,974    

6.00%, 07/15/2028

    55,723  
    17,987    

6.00%, 08/15/2028

    19,663  
    47,023    

6.00%, 09/15/2028

    51,404  
Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 0.3% - (continued)  
      GNMA - 0.2% - (continued)  
  $       106,511    

6.00%, 10/15/2028

  $ 116,299  
    109,035    

6.00%, 11/15/2028

    119,193  
    121,893    

6.00%, 12/15/2028

    133,247  
    3,167    

6.00%, 12/15/2031

    3,512  
    27,948    

6.00%, 09/15/2032

    31,827  
    9,355    

6.00%, 11/15/2032

    10,553  
    2,012    

6.00%, 04/15/2033

    2,199  
    89,905    

6.00%, 06/15/2033

    99,635  
    37,461    

6.00%, 10/15/2033

    41,410  
    4,930    

6.00%, 11/15/2033

    5,446  
    70,779    

6.00%, 10/15/2034

    77,478  
    59,174    

6.00%, 01/15/2035

    64,687  
    7,496    

6.00%, 05/15/2035

    8,194  
    11,650    

6.00%, 06/15/2035

    12,735  
    706    

6.50%, 03/15/2026

    778  
    4,843    

6.50%, 01/15/2028

    5,340  
    59,141    

6.50%, 03/15/2028

    65,219  
    113,758    

6.50%, 04/15/2028

    125,449  
    36,593    

6.50%, 05/15/2028

    40,353  
    182,346    

6.50%, 06/15/2028

    201,087  
    6,917    

6.50%, 10/15/2028

    7,628  
    3,176    

6.50%, 02/15/2035

    3,550  
    19,417    

7.00%, 11/15/2031

    21,417  
    9,682    

7.00%, 03/15/2032

    10,713  
    1,238,571    

7.00%, 11/15/2032

    1,434,438  
    171,365    

7.00%, 01/15/2033

    195,498  
    181,670    

7.00%, 05/15/2033

    206,352  
    33,853    

7.00%, 07/15/2033

    38,091  
    218,177    

7.00%, 11/15/2033

    248,036  
    86,880    

7.50%, 09/16/2035

    96,825  
    176    

8.00%, 09/15/2026

    190  
    119    

8.00%, 11/15/2026

    128  
    10,016    

8.00%, 12/15/2026

    11,303  
    142    

8.00%, 09/15/2027

    147  
    6,626    

8.00%, 07/15/2029

    7,609  
    2,927    

8.00%, 11/15/2029

    2,935  
    15,261    

8.00%, 12/15/2029

    15,869  
    4,206    

8.00%, 01/15/2030

    4,310  
    5,993    

8.00%, 02/15/2030

    6,129  
    905    

8.00%, 03/15/2030

    916  
    52,578    

8.00%, 04/15/2030

    53,096  
    5,386    

8.00%, 05/15/2030

    5,562  
    39,372    

8.00%, 06/15/2030

    41,373  
    2,276    

8.00%, 07/15/2030

    2,363  
    70,311    

8.00%, 08/15/2030

    71,936  
    16,008    

8.00%, 09/15/2030

    16,390  
    8,499    

8.00%, 11/15/2030

    8,635  
    140,264    

8.00%, 12/15/2030

    153,589  
    257    

8.00%, 02/15/2031

    267  
    4,470    

9.00%, 06/15/2022

    4,516  
     

 

 

 
        4,269,105  
     

 

 

 
        7,811,545  
     

 

 

 
   

Total U.S. Government Agencies
(cost $7,473,156)

  $ 7,811,545  
     

 

 

 
     
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  54  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
U.S. GOVERNMENT SECURITIES - 6.6%  
      U.S. Treasury Securities - 6.6%  
      U.S. Treasury Bonds - 3.7%  
  $       19,450,000    

2.50%, 02/15/2045(10)

  $ 17,733,689  
    2,280,000    

2.50%, 05/15/2046

    2,071,772  
    2,705,000    

2.75%, 08/15/2047

    2,581,267  
    6,964,000    

2.75%, 11/15/2047

    6,645,179  
    10,450,800    

2.88%, 05/15/2043

    10,268,727  
    410,000    

3.00%, 02/15/2047

    411,474  
    480,000    

3.00%, 05/15/2047

    481,406  
    2,755,000    

3.00%, 02/15/2048

    2,764,255  
    8,195,000    

3.13%, 08/15/2044

    8,414,921  
    10,000    

3.13%, 05/15/2048

    10,278  
    4,630,000    

3.38%, 05/15/2044

    4,961,877  
    21,300,000    

4.38%, 02/15/2038

    25,960,207  
     

 

 

 
        82,305,052  
     

 

 

 
      U.S. Treasury Notes - 2.9%  
    23,152,588    

0.38%, 01/15/2027(11)

    22,495,073  
    7,886,134    

0.50%, 01/15/2028(11)

    7,715,272  
    31,125,000    

1.50%, 03/31/2023

    29,436,226  
    1,395,000    

2.13%, 12/31/2022

    1,359,961  
    550,000    

2.25%, 08/15/2027

    523,467  
    1,900,000    

2.75%, 05/31/2023

    1,902,375  
     

 

 

 
        63,432,374  
     

 

 

 
        145,737,426  
     

 

 

 
   

Total U.S. Government Securities
(cost $142,744,877)

  $ 145,737,426  
     

 

 

 
 

Total Long-Term Investments
(cost $1,802,006,505)

  $ 2,196,626,545  
     

 

 

 
     
SHORT-TERM INVESTMENTS - 0.5%  
      Other Investment Pools & Funds - 0.4%  
    8,899,815    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 1.84%(12)

    8,899,815  
     

 

 

 
Shares or Principal Amount   Market Value  
SHORT-TERM INVESTMENTS - 0.5% - (continued)  
      Securities Lending Collateral - 0.1%  
    147,199    

Citibank NA DDCA,
1.91%, 7/2/2018(12)

  $ 147,199  
    994,317    

Goldman Sachs Financial Square Funds, Government Institutional Fund,
1.81%(12)

    994,317  
    923,923    

Invesco Government & Agency Portfolio,
1.81%(12)

    923,923  
    272,582    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class,
1.84%(12)

    272,582  
    605,952    

Western Asset Institutional Government Class A Fund,
1.79%(12)

    605,952  
     

 

 

 
        2,943,973  
     

 

 

 
   

Total Short-Term Investments
(cost $11,843,788)

  $ 11,843,788  
     

 

 

 
   

Total Investments
(cost $1,813,850,293)

    99.9    $ 2,208,470,333  
   

Other Assets and Liabilities

    0.1      2,592,948  
     

 

 

    

 

 

 
   

Total Net Assets

    100.0    $ 2,211,063,281  
     

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  55  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note:

Percentage of investments as shown is the ratio of the total market value to total net assets.

 

    

Prices of foreign equities that are principally traded on certain foreign markets will generally be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

 

    

The Fund may refer to any one or more of the industry classifications used by one or more widely recognized market indices, ratings group and/or as defined by Fund management. Industry classifications may not be identical across all security types.

 

    

Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s.

 

    

For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

*

Non-income producing.

 

(1) 

Investment valued using significant unobservable inputs.

 

(2) 

Securities issued within terms of a private placement memorandum and exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold to qualified institutional buyers. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2018, the aggregate value of these securities was $193,001,831, which represented 8.7% of total net assets.

 

(3) 

These securities are valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2018, the aggregate fair value of these securities was $9,020,107, which represented 0.4% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

 

(4) 

This security has been identified as illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time. The identification of illiquid securities is unaudited.At June 30, 2018, the aggregate value of these securities was $9,020,107, which represented 0.4% of total net assets.

 

(5) 

Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2018.

 

(6) 

Variable or floating rate security, which interest rate adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. Rate shown is the rate in effect as of period end.

 

(7) 

Security is a “step-up” bond where coupon increases or steps up at a predetermined date. Rate shown is current coupon rate.

 

(8) 

Perpetual maturity security. Maturity date shown is the next call date or final legal maturity date, whichever comes first.

 

(9) 

Represents entire or partial securities on loan. See Note 8 in the accompanying Notes to Financial Statements for securities lending information.

 

(10) 

This security, or a portion of this security, has been pledged as collateral in connection with futures contracts.

 

(11) 

The principal amount for these securities are adjusted for inflation and the interest payments equal a fixed percentage of the inflation-adjusted principal amount.

 

(12) 

Current yield as of period end.

 

Futures Contracts Outstanding at June 30, 2018  

Description

   Number of
Contracts
     Expiration
Date
     Current
Notional
Amount
     Value and
Unrealized
Appreciation/
(Depreciation)
 

Long position contracts:

 

U.S. Treasury 5-Year Note Future

     354        09/28/2018      $     40,220,485      $ 86,650  
           

 

 

 

Short position contracts:

 

U.S. Treasury 10-Year Note Future

     44        09/19/2018      $ 5,288,250      $ (20,362

U.S. Treasury 10-Year Ultra Future

     196        09/19/2018        25,133,938        90,001  

U.S. Treasury Ultra Bond Future

     5        09/19/2018        797,812        (9,134
           

 

 

 

Total

            $ 60,505  
           

 

 

 

Total futures contracts

            $     147,155  
           

 

 

 

 

 

See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

The accompanying notes are an integral part of these financial statements.

 

 

  56  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Other Abbreviations:

CMT

   Constant Maturity Treasury Index
Other Abbreviations:

ADR

   American Depositary Receipt

CLO

   Collateralized Loan Obligation

CMO

   Collateralized Mortgage Obligation

DDCA

   Dollars on Deposit in Custody Account

FHLMC

   Federal Home Loan Mortgage Corp.

FNMA

   Federal National Mortgage Association

GNMA

   Government National Mortgage Association

LIBOR

   London Interbank Offered Rate

REIT

   Real Estate Investment Trust
Municipal Abbreviations:

FA

   Finance Authority

GO

   General Obligation

PA

   Port Authority

Rev

   Revenue
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  57  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total     Level 1(1)     Level 2(1)      Level 3(1)  

Assets

         

Common Stocks

         

Banks

   $ 145,650,091     $ 145,650,091     $      $  

Capital Goods

     100,377,286       100,377,286               

Consumer Durables & Apparel

     35,042,934       35,042,934               

Consumer Services

     28,263,636       28,263,636               

Diversified Financials

     28,326,920       16,090,845       12,236,075         

Energy

     107,588,486       107,588,486               

Food & Staples Retailing

     11,056,677       11,056,677               

Food, Beverage & Tobacco

     58,625,718       43,941,075       14,684,643         

Health Care Equipment & Services

     103,275,355       86,772,617       16,502,738         

Household & Personal Products

     15,681,837       15,681,837               

Insurance

     48,661,830       48,661,830               

Materials

     56,156,630       56,156,630               

Media

     45,776,540       45,776,540               

Pharmaceuticals, Biotechnology & Life Sciences

     140,686,137       101,046,953       39,639,184         

Real Estate

     16,844,478       16,844,478               

Retailing

     95,075,148       86,055,041              9,020,107  

Semiconductors & Semiconductor Equipment

     98,865,835       98,865,835               

Software & Services

     199,750,859       199,750,859               

Technology Hardware & Equipment

     96,663,339       77,704,891       18,958,448         

Transportation

     28,212,738       28,212,738               

Utilities

     37,924,162       37,924,162               

Asset & Commercial Mortgage Backed Securities

     85,990,464             85,990,464         

Corporate Bonds

     416,928,834             416,928,834         

Foreign Government Obligations

     17,212,547             17,212,547         

Municipal Bonds

     24,439,093             24,439,093         

U.S. Government Agencies

     7,811,545             7,811,545         

U.S. Government Securities

     145,737,426             145,737,426         

Short-Term Investments

     11,843,788       11,843,788               

Futures Contracts(2)

     176,651       176,651               
  

 

 

   

 

 

   

 

 

    

 

 

 

Total

   $     2,208,646,984     $     1,399,485,880     $     800,140,997      $     9,020,107  
  

 

 

   

 

 

   

 

 

    

 

 

 

Liabilities

         

Futures Contracts(2)

   $ (29,496   $ (29,496   $      $  
  

 

 

   

 

 

   

 

 

    

 

 

 

Total

   $ (29,496   $ (29,496   $      $  
  

 

 

   

 

 

   

 

 

    

 

 

 

 

(1)  For the six-month period ended June 30, 2018, there were no transfers between any levels.

 

(2)  Derivative instruments (excluding purchased and written options, if applicable) are valued at the unrealized appreciation/(depreciation) on the investments.

Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the period ended June 30, 2018 is not presented.

 

The accompanying notes are an integral part of these financial statements.

 

 

  58  

 


Hartford Capital Appreciation HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 96.1%  
      Automobiles & Components - 1.6%  
  151,816    

Ferrari N.V.

  $ 20,513,213  
  737,254    

General Motors Co.

    29,047,808  
  189,657    

Magna International, Inc.

    11,030,445  
  5,929    

Tesla, Inc.*(1)

    2,033,351  
  219,885    

Valeo S.A.

    11,988,916  
   

 

 

 
      74,613,733  
   

 

 

 
      Banks - 4.2%  
  699,035    

Bank of America Corp.

    19,705,797  
  460,426    

Bank of the Ozarks, Inc.

    20,737,587  
  517,691    

Citigroup, Inc.

    34,643,882  
  146,995    

First Republic Bank

    14,227,646  
  587,789    

KeyCorp.

    11,485,397  
  517,853    

People’s United Financial, Inc.

    9,367,961  
  454,258    

PNC Financial Services Group, Inc.

    61,370,256  
  368,111    

Sumitomo Mitsui Financial Group, Inc.

    14,358,532  
  187,728    

SunTrust Banks, Inc.

    12,393,802  
   

 

 

 
      198,290,860  
   

 

 

 
      Capital Goods - 4.5%  
  323,952    

AerCap Holdings N.V.*

    17,542,001  
  111,236    

Airbus SE

    12,980,662  
  59,278    

Deere & Co.

    8,287,064  
  177,997    

General Dynamics Corp.

    33,180,421  
  38,812    

Harris Corp.

    5,609,886  
  350,600    

Harry’s, Inc.*(2)(3)(4)(5)

    4,733,100  
  35,081    

IDEX Corp.

    4,787,855  
  158,587    

Ingersoll-Rand plc

    14,230,012  
  252,885    

JELD-WEN Holding, Inc.*

    7,229,982  
  341,900    

Johnson Controls International plc

    11,436,555  
  383,500    

Komatsu Ltd.

    10,917,694  
  64,102    

L3 Technologies, Inc.

    12,328,097  
  73,812    

Lockheed Martin Corp.

    21,806,279  
  54,524    

Rockwell Automation, Inc.

    9,063,525  
  138,146    

Safran S.A.

    16,730,150  
  1,031,730    

Sanwa Holdings Corp.

    10,902,813  
  175,467    

Xylem, Inc.

    11,822,966  
   

 

 

 
      213,589,062  
   

 

 

 
      Commercial & Professional Services - 3.4%  
  90,015    

CoStar Group, Inc.*

    37,142,889  
  60,823    

Dun & Bradstreet Corp.

    7,459,941  
  71,209    

Equifax, Inc.

    8,908,958  
  360,459    

Herman Miller, Inc.

    12,219,560  
  355,405    

IHS Markit Ltd.*

    18,335,344  
  49,143    

Intertek Group plc

    3,695,090  
  290,229    

Republic Services, Inc.

    19,840,054  
  963,441    

Steelcase, Inc. Class A

    13,006,453  
  319,129    

TransUnion

    22,862,402  
  242,081    

Waste Connections, Inc.

    18,223,858  
   

 

 

 
      161,694,549  
   

 

 

 
      Consumer Durables & Apparel - 3.0%  
  29,009    

Mohawk Industries, Inc.*

    6,215,758  
  551,868    

Newell Brands, Inc.

    14,232,676  
  835,708    

NIKE, Inc. Class B

    66,589,214  
  52,532    

Polaris Industries, Inc.

    6,418,360  
  349,327    

Sony Corp.

    17,890,554  
  316,847    

Tapestry, Inc.

    14,799,923  
  520,562    

Under Armour, Inc. Class A*(1)

    11,702,234  
  205,654    

Under Armour, Inc. Class C*(1)

    4,335,186  
   

 

 

 
      142,183,905  
   

 

 

 
Shares or Principal Amount   Market Value  
COMMON STOCKS - 96.1% - (continued)  
      Consumer Services - 2.9%  
  55,711    

Domino’s Pizza, Inc.

  $ 15,719,973  
  514,432    

DraftKings, Inc.*(2)(3)(4)(5)

    1,003,142  
  140,368    

Hilton Grand Vacations, Inc.*

    4,870,770  
  147,193    

Hilton Worldwide Holdings, Inc.

    11,651,798  
  251,503    

Las Vegas Sands Corp.

    19,204,769  
  49,995    

Marriott Vacations Worldwide Corp.

    5,647,435  
  144,719    

McDonald’s Corp.

    22,676,020  
  324,881    

Melco Resorts & Entertainment Ltd. ADR

    9,096,668  
  343,701    

MGM Resorts International

    9,977,640  
  167,855    

New Oriental Education & Technology Group, Inc. ADR

    15,889,154  
  131,921    

Planet Fitness, Inc. Class A*

    5,796,609  
  84,354    

Royal Caribbean Cruises Ltd.

    8,739,074  
  29,876    

Vail Resorts, Inc.

    8,191,701  
   

 

 

 
      138,464,753  
   

 

 

 
      Diversified Financials - 3.2%  
  538,480    

American Express Co.

    52,771,040  
  35,318    

BlackRock, Inc.

    17,625,095  
  258,881    

Intercontinental Exchange, Inc.

    19,040,698  
  1,502,670    

SLM Corp.*

    17,205,571  
  590,211    

TD Ameritrade Holding Corp.

    32,325,856  
  1,023,854    

UBS Group AG*

    15,696,044  
   

 

 

 
      154,664,304  
   

 

 

 
      Energy - 5.0%  
  156,603    

Anadarko Petroleum Corp.

    11,471,170  
  686,517    

Canadian Natural Resources Ltd.

    24,762,668  
  179,600    

Chevron Corp.

    22,706,828  
  202,315    

Cimarex Energy Co.

    20,583,528  
  116,200    

Concho Resources, Inc.*

    16,076,270  
  75,726    

Diamondback Energy, Inc.

    9,963,270  
  189,525    

EOG Resources, Inc.

    23,582,596  
  791,626    

Halliburton Co.

    35,670,668  
  942,062    

Laredo Petroleum, Inc.*

    9,062,636  
  560,063    

Marathon Oil Corp.

    11,682,914  
  562,624    

Noble Energy, Inc.

    19,849,375  
  290,040    

Tenaris S.A. ADR

    10,554,556  
  346,051    

TOTAL S.A.(1)

    21,014,201  
   

 

 

 
      236,980,680  
   

 

 

 
      Food & Staples Retailing - 1.6%  
  189,788    

Costco Wholesale Corp.

    39,661,896  
  721,935    

Kroger Co.

    20,539,051  
  300,801    

Walgreens Boots Alliance, Inc.

    18,052,572  
   

 

 

 
      78,253,519  
   

 

 

 
      Food, Beverage & Tobacco - 4.2%  
  352,529    

Altria Group, Inc.

    20,020,122  
  212,871    

Archer-Daniels-Midland Co.

    9,755,878  
  336,841    

British American Tobacco plc

    16,967,816  
  794,191    

Coca-Cola Co.

    34,833,217  
  1,031,431    

Diageo plc

    37,055,094  
  83,626    

Hershey Co.

    7,782,236  
  258,499    

Hormel Foods Corp.

    9,618,748  
  99,364    

Lamb Weston Holdings, Inc.

    6,807,428  
  242,220    

PepsiCo., Inc.

    26,370,491  
  188,601    

Philip Morris International, Inc.

    15,227,645  
  1,298,339    

Treasury Wine Estates Ltd.

    16,681,097  
   

 

 

 
      201,119,772  
   

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  59  

 


Hartford Capital Appreciation HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 96.1% - (continued)  
      Health Care Equipment & Services - 5.9%  
  30,655    

Align Technology, Inc.*

  $ 10,488,302  
  443,503    

Baxter International, Inc.

    32,748,261  
  96,221    

Becton Dickinson and Co.

    23,050,703  
  237,627    

Danaher Corp.

    23,449,032  
  73,422    

DexCom, Inc.*

    6,973,622  
  64,109    

Edwards Lifesciences Corp.*

    9,332,347  
  91,639    

Insulet Corp.*

    7,853,462  
  314,478    

Koninklijke Philips N.V.

    13,292,985  
  252,377    

McKesson Corp.

    33,667,092  
  468,378    

Medtronic plc

    40,097,841  
  126,821    

Stryker Corp.

    21,414,994  
  66,537    

Teleflex, Inc.

    17,845,889  
  162,827    

UnitedHealth Group, Inc.

    39,947,976  
   

 

 

 
      280,162,506  
   

 

 

 
      Household & Personal Products - 0.8%  
  455,541    

Colgate-Palmolive Co.

    29,523,612  
  736,971    

Coty, Inc. Class A

    10,391,291  
   

 

 

 
      39,914,903  
   

 

 

 
      Insurance - 5.1%  
  379,750    

Aflac, Inc.

    16,336,845  
  457,250    

American International Group, Inc.

    24,243,395  
  193,449    

Arthur J Gallagher & Co.

    12,628,351  
  315,277    

Chubb Ltd.

    40,046,485  
  585,800    

CNO Financial Group, Inc.

    11,153,632  
  228,649    

FNF Group

    8,601,775  
  905,877    

Lancashire Holdings Ltd.

    6,769,207  
  144,030    

Lincoln National Corp.

    8,965,867  
  350,838    

Marsh & McLennan Cos., Inc.

    28,758,191  
  840,763    

MetLife, Inc.

    36,657,267  
  1,293,000    

Ping An Insurance Group Co. of China Ltd. Class H

    11,840,872  
  159,896    

RenaissanceRe Holdings Ltd.

    19,238,687  
  262,000    

Tokio Marine Holdings, Inc.

    12,257,211  
  204,001    

Unum Group

    7,545,997  
   

 

 

 
      245,043,782  
   

 

 

 
      Materials - 3.8%  
  769,101    

Anglo American plc

    17,074,750  
  134,491    

Cabot Corp.

    8,307,509  
  232,899    

Celanese Corp. Series A

    25,865,763  
  391,429    

CRH plc

    13,730,250  
  129,043    

Eastman Chemical Co.

    12,899,138  
  153,333    

Nucor Corp.

    9,583,313  
  188,062    

Nutrien Ltd.

    10,231,008  
  222,746    

Packaging Corp. of America

    24,900,775  
  177,890    

Praxair, Inc.

    28,133,303  
  282,270    

Reliance Steel & Aluminum Co.

    24,709,916  
  54,374    

Vulcan Materials Co.

    7,017,508  
   

 

 

 
      182,453,233  
   

 

 

 
      Media - 0.7%  
  832,300    

Comcast Corp. Class A

    27,307,763  
  63,843    

Walt Disney Co.

    6,691,385  
  29,800    

Weinstein Co. LLC*(2)(3)(4)(5)

     
   

 

 

 
      33,999,148  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 7.0%  
  295,109    

Agilent Technologies, Inc.

    18,249,541  
  354,193    

Alkermes plc*

    14,578,584  
  83,393    

Allergan plc

    13,903,281  
  211,425    

Alnylam Pharmaceuticals, Inc.*

    20,823,248  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 96.1% - (continued)  
      Pharmaceuticals, Biotechnology & Life Sciences - 7.0% -
(continued)
 
  91,847    

BeiGene Ltd. ADR*

  $ 14,119,639  
  36,045    

Biogen, Inc.*

    10,461,701  
  1,154,571    

Bristol-Myers Squibb Co.

    63,893,959  
  236,351    

Exact Sciences Corp.*

    14,131,426  
  125,641    

Five Prime Therapeutics, Inc.*

    1,986,384  
  136,206    

Incyte Corp.*

    9,125,802  
  521,558    

Ionis Pharmaceuticals, Inc.*(1)

    21,733,322  
  160,172    

Johnson & Johnson

    19,435,271  
  330,000    

Merck & Co., Inc.

    20,031,000  
  31,356    

Mettler-Toledo International, Inc.*

    18,143,522  
  518,307    

Mylan N.V.*

    18,731,615  
  629,144    

Pfizer, Inc.

    22,825,344  
  31,412    

Sage Therapeutics, Inc.*

    4,916,921  
  117,929    

Seattle Genetics, Inc.*

    7,829,306  
  84,859    

Thermo Fisher Scientific, Inc.

    17,577,693  
   

 

 

 
      332,497,559  
   

 

 

 
      Real Estate - 4.1%  
  306,230    

American Tower Corp. REIT

    44,149,179  
  90,809    

AvalonBay Communities, Inc. REIT

    15,609,159  
  668,664    

Brixmor Property Group, Inc. REIT

    11,654,814  
  517,800    

Columbia Property Trust, Inc. REIT

    11,759,238  
  1,021,047    

Host Hotels & Resorts, Inc. REIT

    21,513,460  
  206,356    

Public Storage REIT

    46,813,922  
  73,034    

Simon Property Group, Inc. REIT

    12,429,657  
  727,711    

STORE Capital Corp. REIT

    19,939,281  
  202,147    

Welltower, Inc. REIT

    12,672,595  
   

 

 

 
      196,541,305  
   

 

 

 
      Retailing - 6.7%  
  8,451,700    

Allstar Co.*(2)(3)(4)(5)

    3,887,782  
  25,884    

Amazon.com, Inc.*

    43,997,623  
  17,903    

Booking Holdings, Inc.*

    36,290,992  
  264,844    

CarMax, Inc.*

    19,299,182  
  143,658    

Dollar Tree, Inc.*

    12,210,930  
  264,000    

Expedia Group, Inc.

    31,730,160  
  198,686    

Floor & Decor Holdings, Inc. Class A*

    9,801,180  
  108,998    

Genuine Parts Co.

    10,004,927  
  136,486    

Home Depot, Inc.

    26,628,419  
  468,053    

Industria de Diseno Textil S.A.

    15,939,121  
  49,028    

Netflix, Inc.*

    19,191,030  
  209,054    

Ross Stores, Inc.

    17,717,327  
  51,956    

Tiffany & Co.

    6,837,410  
  525,694    

TJX Cos., Inc.

    50,035,555  
  115,140    

Tory Burch LLC*(2)(3)(4)(5)

    6,249,782  
  95,738    

Wayfair, Inc. Class A*(1)

    11,369,845  
   

 

 

 
      321,191,265  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 3.9%  
  159,376    

Ams AG

    11,819,342  
  73,402    

Broadcom, Inc.

    17,810,261  
  317,125    

KLA-Tencor Corp.

    32,514,826  
  596,047    

Marvell Technology Group Ltd.

    12,779,248  
  126,680    

Microchip Technology, Inc.

    11,521,546  
  442,084    

Micron Technology, Inc.*

    23,182,885  
  75,693    

NVIDIA Corp.

    17,931,672  
  377,524    

QUALCOMM, Inc.

    21,186,647  
  194,946    

Silicon Motion Technology Corp. ADR

    10,310,694  
  1,693,190    

Taiwan Semiconductor Manufacturing Co., Ltd.

    12,023,467  
  358,758    

Teradyne, Inc.

    13,657,917  
   

 

 

 
      184,738,505  
   

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  60  

 


Hartford Capital Appreciation HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 96.1% - (continued)  
      Software & Services - 14.4%  
  235,408    

2U, Inc.*

  $ 19,670,693  
  214,166    

Accenture plc Class A

    35,035,416  
  75,256    

Adobe Systems, Inc.*

    18,348,165  
  213,661    

Alibaba Group Holding Ltd. ADR*

    39,640,525  
  23,757    

Alphabet, Inc. Class C*

    26,504,497  
  196,722    

Amdocs Ltd.

    13,021,029  
  334,321    

Atlassian Corp. plc Class A*

    20,901,749  
  45,298    

Autodesk, Inc.*

    5,938,115  
  352,442    

Delivery Hero AG*(3)

    18,681,181  
  58,183    

Dropbox, Inc. Class B*(2)(3)(4)(5)(6)

    1,800,352  
  237,280    

Facebook, Inc. Class A*

    46,108,250  
  104,702    

FleetCor Technologies, Inc.*

    22,055,476  
  1,152,304    

Genpact Ltd.

    33,336,155  
  329,935    

Global Payments, Inc.

    36,784,453  
  152,529    

Guidewire Software, Inc.*

    13,541,525  
  1,714,263    

Just Eat plc*

    17,578,884  
  556,153    

Microsoft Corp.

    54,842,247  
  385,409    

PayPal Holdings, Inc.*

    32,093,007  
  227,801    

salesforce.com, Inc.*

    31,072,056  
  261,869    

ServiceNow, Inc.*

    45,164,546  
  182,697    

Spotify Technology S.A.*

    30,736,943  
  304,600    

Tencent Holdings Ltd.

    15,295,603  
  162,908    

VeriSign, Inc.*

    22,386,817  
  234,102    

Visa, Inc. Class A

    31,006,810  
  140,932    

Workday, Inc. Class A*

    17,069,684  
  563,448    

Yandex N.V. Class A*

    20,227,783  
  317,779    

Zillow Group, Inc. Class A*

    18,987,295  
   

 

 

 
      687,829,256  
   

 

 

 
      Technology Hardware & Equipment - 2.7%  
  192,815    

Acacia Communications, Inc.*(1)

    6,711,890  
  47,507    

Apple, Inc.

    8,794,021  
  272,582    

CDW Corp.

    22,021,900  
  1,098,330    

Flex Ltd.*

    15,497,436  
  40,782    

IPG Photonics Corp.*

    8,997,733  
  149,948    

Keysight Technologies, Inc.*

    8,851,430  
  510,563    

Samsung Electronics Co., Ltd.

    21,387,262  
  221,175    

TE Connectivity Ltd.

    19,919,021  
  227,180    

Western Digital Corp.

    17,586,004  
   

 

 

 
      129,766,697  
   

 

 

 
      Telecommunication Services - 1.3%  
  677,416    

AT&T, Inc.

    21,751,828  
  166,235    

SoftBank Group Corp.

    11,870,524  
  584,491    

Verizon Communications, Inc.

    29,405,742  
   

 

 

 
      63,028,094  
   

 

 

 
      Transportation - 3.9%  
  779,585    

Canadian National Railway Co.

    63,765,090  
  99,919    

CSX Corp.

    6,372,834  
  250,981    

Delta Air Lines, Inc.

    12,433,599  
  162,105    

Genesee & Wyoming, Inc. Class A*

    13,182,378  
  441,892    

JetBlue Airways Corp.*

    8,387,110  
  2,327    

Knight-Swift Transportation Holdings, Inc.

    88,915  
  262,372    

Southwest Airlines Co.

    13,349,487  
  300,133    

Union Pacific Corp.

    42,522,843  
  243,161    

United Parcel Service, Inc. Class B

    25,830,993  
   

 

 

 
      185,933,249  
   

 

 

 
      Utilities - 2.2%  
  144,536    

Dominion Energy, Inc.

    9,854,464  
  190,618    

Edison International

    12,060,401  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 96.1% - (continued)  
      Utilities - 2.2% - (continued)  
  343,774    

Exelon Corp.

  $ 14,644,772  
  1,300,951    

Iberdrola S.A.

    10,032,610  
  576,010    

NRG Energy, Inc.

    17,683,507  
  356,041    

OGE Energy Corp.

    12,536,204  
  101,142    

Sempra Energy

    11,743,598  
  401,719    

Southern Co.

    18,603,607  
   

 

 

 
      107,159,163  
   

 

 

 
 

Total Common Stocks
(cost $4,216,244,162)

  $ 4,590,113,802  
   

 

 

 
EXCHANGE-TRADED FUNDS - 0.6%  
      Other Investment Pools & Funds - 0.6%  
  110,079    

SPDR S&P 500 ETF Trust

  $ 29,862,231  
   

 

 

 
 

Total Exchange-Traded Funds
(cost $29,117,987)

  $ 29,862,231  
   

 

 

 
PREFERRED STOCKS - 1.1%  
      Consumer Services - 0.1%  
  16,619    

Airbnb, Inc. Series E*(2)(3)(4)(5)

  $ 1,744,995  
   

 

 

 
      Diversified Financials - 0.0%  
  85,350    

Social Finance, Inc. Series F*(2)(3)(4)(5)

    1,428,759  
   

 

 

 
      Software & Services - 1.0%  
  29,504    

Magic Leap, Inc. Series C*(2)(3)(4)(5)

    796,608  
  50,200    

Nanigans, Inc. Series D*(2)(3)(4)(5)

    277,104  
  793,410    

Pinterest, Inc. Series G*(2)(3)(4)(5)

    5,482,463  
  20,891    

Sharecare Series B2*(2)(3)(4)(5)

    5,618,217  
  782,192    

Uber Technologies, Inc. Series D*(2)(3)(4)(5)

    31,287,680  
  146,827    

Zuora, Inc. Series F*(2)(3)(4)(5)(6)

    3,765,166  
   

 

 

 
      47,227,238  
   

 

 

 
 

Total Preferred Stocks
(cost $28,287,182)

  $ 50,400,992  
   

 

 

 
CONVERTIBLE PREFERRED STOCKS - 0.0%  
      Retailing - 0.0%  
  40,566    

Honest Co. Series C*(2)(3)(4)(5)

  $ 1,238,075  
   

 

 

 
 

Total Convertible Preferred Stocks
(cost $1,097,607)

  $ 1,238,075  
   

 

 

 
ESCROWS - 0.0%  
      Consumer Durables & Apparel - 0.0%  
  127,917    

One Kings Lane, Inc., Escrow*(2)(3)(4)(5)

  $ 23,025  
   

 

 

 
      Telecommunication Services - 0.0%  
  22,145    

Docusign Earnout, Escrow*(2)(3)(4)(5)

    49,826  
   

 

 

 
 

Total Escrows
(cost $—)

  $ 72,851  
   

 

 

 
 

Total Long-Term Investments
(cost $4,274,746,938)

  $ 4,671,687,951  
   

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  61  

 


Hartford Capital Appreciation HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
SHORT-TERM INVESTMENTS - 2.6%  
      Other Investment Pools & Funds - 2.2%      
  105,198,707    

BlackRock Liquidity Funds TempFund Portfolio, Institutional Class,
1.84%(7)

  $ 105,198,707  
   

 

 

 
      Securities Lending Collateral - 0.4%      
  948,575    

Citibank NA DDCA,
1.91%, 7/2/2018(7)

    948,575  
  6,407,561    

Goldman Sachs Financial Square Funds, Government Institutional Fund,
1.81%(7)

    6,407,561  
  5,953,931    

Invesco Government & Agency Portfolio,
1.81%(7)

    5,953,931  
  1,756,568    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class,
1.84%(7)

    1,756,568  
  3,904,871    

Western Asset Institutional Government Class A Fund,
1.79%(7)

    3,904,871  
   

 

 

 
      18,971,506  
   

 

 

 
 

Total Short-Term Investments
(cost $124,170,213)

  $ 124,170,213  
   

 

 

 
 

Total Investments
(cost $4,398,917,151)

    100.4    $ 4,795,858,164  
 

Other Assets and Liabilities

    (0.4 )%       (20,392,146
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 4,775,466,018  
   

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  62  

 


Hartford Capital Appreciation HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note:

Percentage of investments as shown is the ratio of the total market value to total net assets.

 

    

Prices of foreign equities that are principally traded on certain foreign markets will generally be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

 

    

Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s.

 

    

For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

*

Non-income producing.

 

(1) 

Represents entire or partial securities on loan. See Note 8 in the accompanying Notes to Financial Statements for securities lending information.

 

(2) 

Investment valued using significant unobservable inputs.

 

(3) 

Securities issued within terms of a private placement memorandum and exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold to qualified institutional buyers. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2018, the aggregate value of these securities was $88,067,257, which represented 1.8% of total net assets.

 

(4) 

These securities are valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2018, the aggregate fair value of these securities was $69,386,076, which represented 1.5% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

 

(5) 

This security has been identified as illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time. The identification of illiquid securities is unaudited. At June 30, 2018, the aggregate value of these securities was $69,386,076, which represented 1.5% of total net assets.

 

(6) 

The following illiquid securities are considered restricted due to a contractual lock-up period associated with the securities.

 

Period
Acquired
    

Security Name

   Shares/Par
Value
     Base
Total Cost
     Base
Market
Value
 
  05/2012      Dropbox, Inc. Class B      58,183      $ 789,978      $     1,800,352  
  01/2015      Zuora, Inc. Series F Preferred      146,827        1,115,683        3,765,166  
        

 

 

    

 

 

 
         $     1,905,661      $ 5,565,518  
        

 

 

    

 

 

 

 

(7) 

Current yield as of period end.

 

Futures Contracts Outstanding at June 30, 2018  

Description

   Number of
Contracts
     Expiration
Date
     Current
Notional
Amount
     Value and
Unrealized
Appreciation/
(Depreciation)
 

Long position contracts:

 

S&P 500 (E-Mini) Future

     405        09/21/2018      $     55,112,400      $     (625,396
           

 

 

 

Total futures contracts

 

   $ (625,396
           

 

 

 

 

Foreign Currency Contracts Outstanding at June 30, 2018  
Amount and Description
of Currency to be
Purchased
   Amount and Description
of Currency to be
Sold
   Counterparty      Settlement
Date
   Appreciation      Depreciation  
  3,445,024    

USD

     2,896,000    

EUR

     JPM      09/19/18    $     42,431      $     —  
  3,427,855    

USD

     2,897,000    

EUR

     UBS      09/19/18      24,087         
  9,435,600    

USD

     1,035,944,000    

JPY

     CBA      09/19/18      25,862         
               

 

 

    

 

 

 
 

Total

   $ 92,380      $  
  

 

 

    

 

 

 

 

   

See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

The accompanying notes are an integral part of these financial statements.

 

 

  63  

 


Hartford Capital Appreciation HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Counterparty Abbreviations:

CBA

   Commonwealth Bank of Australia

JPM

   JP Morgan Chase & Co.

UBS

   UBS AG
Currency Abbreviations:

EUR

   Euro

JPY

   Japanese Yen
Index Abbreviations:

S&P

   Standard & Poors
Other Abbreviations:

ADR

   American Depositary Receipt

DDCA

   Dollars on Deposit in Custody Account

ETF

   Exchange-Traded Fund

REIT

   Real Estate Investment Trust

SPDR

   Standard & Poor’s Depositary Receipt
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  64  

 


Hartford Capital Appreciation HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total     Level 1(1)     Level 2(1)      Level 3(1)  

Assets

 

Common Stocks

 

Automobiles & Components

   $ 74,613,733     $ 48,580,743     $ 26,032,990      $  

Banks

     198,290,860       183,932,328       14,358,532         

Capital Goods

     213,589,062       157,324,643       51,531,319        4,733,100  

Commercial & Professional Services

     161,694,549       157,999,459       3,695,090         

Consumer Durables & Apparel

     142,183,905       124,293,351       17,890,554         

Consumer Services

     138,464,753       137,461,611              1,003,142  

Diversified Financials

     154,664,304       138,968,260       15,696,044         

Energy

     236,980,680       215,966,479       21,014,201         

Food & Staples Retailing

     78,253,519       78,253,519               

Food, Beverage & Tobacco

     201,119,772       130,415,765       70,704,007         

Health Care Equipment & Services

     280,162,506       280,162,506               

Household & Personal Products

     39,914,903       39,914,903               

Insurance

     245,043,782       214,176,492       30,867,290         

Materials

     182,453,233       151,648,233       30,805,000         

Media

     33,999,148       33,999,148               

Pharmaceuticals, Biotechnology & Life Sciences

     332,497,559       332,497,559               

Real Estate

     196,541,305       196,541,305               

Retailing

     321,191,265       295,114,580       15,939,121        10,137,564  

Semiconductors & Semiconductor Equipment

     184,738,505       160,895,696       23,842,809         

Software & Services

     687,829,256       634,473,236       51,555,668        1,800,352  

Technology Hardware & Equipment

     129,766,697       108,379,435       21,387,262         

Telecommunication Services

     63,028,094       51,157,570       11,870,524         

Transportation

     185,933,249       185,933,249               

Utilities

     107,159,163       97,126,553       10,032,610         

Exchange-Traded Funds

     29,862,231       29,862,231               

Preferred Stocks

     50,400,992                    50,400,992  

Convertible Preferred Stocks

     1,238,075                    1,238,075  

Escrows

     72,851                    72,851  

Short-Term Investments

     124,170,213       124,170,213               

Foreign Currency Contracts(2)

     92,380             92,380         
  

 

 

   

 

 

   

 

 

    

 

 

 

Total

   $     4,795,950,544     $     4,309,249,067     $     417,315,401      $     69,386,076  
  

 

 

   

 

 

   

 

 

    

 

 

 

Liabilities

 

Futures Contracts(2)

   $ (625,396   $ (625,396   $      $  
  

 

 

   

 

 

   

 

 

    

 

 

 

Total

   $ (625,396   $ (625,396   $      $  
  

 

 

   

 

 

   

 

 

    

 

 

 

 

(1)  For the six-month period ended June 30, 2018, investments valued at $9,293,705 were transferred from Level 1 to Level 2 due to the application of a fair valuation factor. There were no transfers between any other levels.

 

(2)  Derivative instruments (excluding purchased and written options, if applicable) are valued at the unrealized appreciation/ (depreciation) on the investments.

The following is a rollforward of the Fund’s investments that were valued using unobservable inputs (Level 3) for the six-month period ended June 30, 2018:

 

     Common
Stocks
    Preferred
Stocks
    Convertible
Preferred
Stocks
     Escrows      Total  

Beginning balance

   $     14,720,609     $     46,021,366     $     1,238,075      $      $     61,980,050  

Conversions*

     (31,979                  31,979         

Purchases

                                

Sales

     (634,620     (1,086,156                   (1,720,776

Total realized gain/(loss)

     (116,392     574,722                     458,330  

Net change in unrealized appreciation/depreciation

     3,736,540       4,891,060              40,872        8,668,472  

Transfers into Level 3

                                

Transfers out of Level 3

                                
  

 

 

   

 

 

   

 

 

    

 

 

    

 

 

 

Ending balance

   $ 17,674,158     $ 50,400,992     $ 1,238,075      $ 72,851      $ 69,386,076  
  

 

 

   

 

 

   

 

 

    

 

 

    

 

 

 

The change in net unrealized appreciation/(depreciation) relating to the Level 3 investments held at June 30, 2018 was $8,505,448.

 

* Private Equity securities that were a common stock are now trading as escrow.

 

Note: For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

 

The accompanying notes are an integral part of these financial statements.

 

 

  65  

 


Hartford Disciplined Equity HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 99.6%  
      Banks - 8.6%  
  641,622    

Bank of America Corp.

  $ 18,087,324  
  205,798    

Fifth Third Bancorp

    5,906,402  
  174,574    

JP Morgan Chase & Co.

    18,190,611  
  108,658    

PNC Financial Services Group, Inc.

    14,679,696  
   

 

 

 
      56,864,033  
   

 

 

 
      Capital Goods - 6.5%  
  96,981    

AMETEK, Inc.

    6,998,149  
  37,945    

Boeing Co.

    12,730,927  
  102,418    

Fortune Brands Home & Security, Inc.

    5,498,822  
  25,023    

General Dynamics Corp.

    4,664,538  
  50,389    

Illinois Tool Works, Inc.

    6,980,892  
  39,418    

Snap-on, Inc.

    6,335,261  
   

 

 

 
      43,208,589  
   

 

 

 
      Commercial & Professional Services - 2.3%  
  29,142    

Equifax, Inc.

    3,645,956  
  97,679    

IHS Markit Ltd.*

    5,039,259  
  98,636    

Republic Services, Inc.

    6,742,757  
   

 

 

 
      15,427,972  
   

 

 

 
      Consumer Durables & Apparel - 3.1%  
  146,905    

NIKE, Inc. Class B

    11,705,390  
  112,038    

VF Corp.

    9,133,338  
   

 

 

 
      20,838,728  
   

 

 

 
      Consumer Services - 3.2%  
  171,067    

Aramark

    6,346,586  
  69,056    

Hilton Worldwide Holdings, Inc.

    5,466,473  
  58,230    

McDonald’s Corp.

    9,124,058  
   

 

 

 
      20,937,117  
   

 

 

 
      Diversified Financials - 2.2%  
  87,366    

Capital One Financial Corp.

    8,028,936  
  195,122    

Synchrony Financial

    6,513,172  
   

 

 

 
      14,542,108  
   

 

 

 
      Energy - 2.8%  
  102,995    

Continental Resources, Inc.*

    6,669,956  
  95,237    

EOG Resources, Inc.

    11,850,340  
   

 

 

 
      18,520,296  
   

 

 

 
      Food & Staples Retailing - 2.9%  
  48,720    

Costco Wholesale Corp.

    10,181,506  
  108,913    

Walmart, Inc.

    9,328,398  
   

 

 

 
      19,509,904  
   

 

 

 
      Food, Beverage & Tobacco - 2.1%  
  32,321    

Constellation Brands, Inc. Class A

    7,074,097  
  122,906    

Monster Beverage Corp.*

    7,042,514  
   

 

 

 
      14,116,611  
   

 

 

 
      Health Care Equipment & Services - 11.0%  
  128,639    

Abbott Laboratories

    7,845,693  
  32,349    

Anthem, Inc.

    7,700,033  
  152,435    

Baxter International, Inc.

    11,255,800  
  61,352    

Danaher Corp.

    6,054,215  
  151,376    

Hologic, Inc.*

    6,017,196  
  45,148    

Laboratory Corp. of America Holdings*

    8,105,421  
  114,281    

Medtronic plc

    9,783,596  
  65,038    

UnitedHealth Group, Inc.

    15,956,423  
   

 

 

 
      72,718,377  
   

 

 

 
Shares or Principal Amount   Market Value  
COMMON STOCKS - 99.6% - (continued)  
      Household & Personal Products - 2.3%  
  142,430    

Colgate-Palmolive Co.

  $ 9,230,888  
  43,947    

Estee Lauder Cos., Inc. Class A

    6,270,798  
   

 

 

 
      15,501,686  
   

 

 

 
      Insurance - 3.7%  
  95,713    

Allstate Corp.

    8,735,726  
  98,763    

Athene Holding Ltd. Class A*

    4,329,770  
  88,817    

Chubb Ltd.

    11,281,535  
   

 

 

 
      24,347,031  
   

 

 

 
      Materials - 2.2%  
  97,593    

DowDuPont, Inc.

    6,433,330  
  59,148    

Ecolab, Inc.

    8,300,239  
   

 

 

 
      14,733,569  
   

 

 

 
      Media - 1.5%  
  305,812    

Comcast Corp. Class A

    10,033,692  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 6.0%  
  36,834    

Allergan plc

    6,140,964  
  118,118    

Bristol-Myers Squibb Co.

    6,536,650  
  109,336    

Eli Lilly & Co.

    9,329,641  
  146,262    

Merck & Co., Inc.

    8,878,103  
  41,832    

Thermo Fisher Scientific, Inc.

    8,665,081  
   

 

 

 
      39,550,439  
   

 

 

 
      Retailing - 4.2%  
  4,616    

Booking Holdings, Inc.*

    9,357,047  
  100,632    

Dollar Tree, Inc.*

    8,553,720  
  104,583    

TJX Cos., Inc.

    9,954,210  
   

 

 

 
      27,864,977  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 2.8%  
  28,959    

Lam Research Corp.

    5,005,563  
  80,656    

Micron Technology, Inc.*

    4,229,600  
  191,620    

ON Semiconductor Corp.*

    4,260,671  
  125,255    

Teradyne, Inc.

    4,768,458  
   

 

 

 
      18,264,292  
   

 

 

 
      Software & Services - 18.2%  
  16,736    

Alphabet, Inc. Class A*

    18,898,124  
  4,002    

Alphabet, Inc. Class C*

    4,464,831  
  146,475    

eBay, Inc.*

    5,311,183  
  78,868    

Facebook, Inc. Class A*

    15,325,630  
  144,618    

GoDaddy, Inc. Class A*

    10,210,031  
  98,929    

Leidos Holdings, Inc.

    5,836,811  
  103,864    

Mastercard, Inc. Class A

    20,411,353  
  163,379    

Microsoft Corp.

    16,110,803  
  58,172    

salesforce.com, Inc.*

    7,934,661  
  101,175    

SS&C Technologies Holdings, Inc.

    5,250,983  
  69,151    

Total System Services, Inc.

    5,844,643  
  39,501    

Workday, Inc. Class A*

    4,784,361  
   

 

 

 
      120,383,414  
   

 

 

 
      Technology Hardware & Equipment - 5.4%  
  74,682    

Apple, Inc.

    13,824,385  
  57,078    

CDW Corp.

    4,611,331  
  63,659    

Motorola Solutions, Inc.

    7,407,998  
  123,660    

NetApp, Inc.

    9,711,020  
   

 

 

 
      35,554,734  
   

 

 

 
      Telecommunication Services - 1.7%  
  220,125    

Verizon Communications, Inc.

    11,074,489  
   

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  66  

 


Hartford Disciplined Equity HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 99.6% - (continued)  
      Transportation - 2.1%  
  35,529    

FedEx Corp.

  $ 8,067,215  
  39,606    

Norfolk Southern Corp.

    5,975,357  
   

 

 

 
      14,042,572  
   

 

 

 
      Utilities - 4.8%  
  147,520    

American Electric Power Co., Inc.

    10,215,760  
  85,172    

NextEra Energy, Inc.

    14,226,279  
  95,379    

Pinnacle West Capital Corp.

    7,683,733  
   

 

 

 
      32,125,772  
   

 

 

 
 

Total Common Stocks
(cost $492,884,963)

  $ 660,160,402  
   

 

 

 
 

Total Long-Term Investments
(cost $492,884,963)

  $ 660,160,402  
   

 

 

 
SHORT-TERM INVESTMENTS - 0.3%  
      Other Investment Pools & Funds - 0.3%  
  1,698,794    

BlackRock Liquidity Funds TempFund Portfolio, Institutional Class, 1.84%(1)

  $ 1,698,794  
   

 

 

 
 

Total Short-Term Investments
(cost $1,698,794)

  $ 1,698,794  
   

 

 

 
 

Total Investments
(cost $494,583,757)

    99.9    $ 661,859,196  
 

Other Assets and Liabilities

    0.1      673,652  
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 662,532,848  
   

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  67  

 


Hartford Disciplined Equity HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

 

  Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s.

 

  For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

* Non-income producing.

 

(1)  Current yield as of period end.

 

  See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

The accompanying notes are an integral part of these financial statements.

 

 

  68  

 


Hartford Disciplined Equity HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total      Level 1(1)      Level 2(1)      Level 3(1)  

Assets

 

Common Stocks

 

Banks

   $ 56,864,033      $ 56,864,033      $      $  

Capital Goods

     43,208,589        43,208,589                

Commercial & Professional Services

     15,427,972        15,427,972                

Consumer Durables & Apparel

     20,838,728        20,838,728                

Consumer Services

     20,937,117        20,937,117                

Diversified Financials

     14,542,108        14,542,108                

Energy

     18,520,296        18,520,296                

Food & Staples Retailing

     19,509,904        19,509,904                

Food, Beverage & Tobacco

     14,116,611        14,116,611                

Health Care Equipment & Services

     72,718,377        72,718,377                

Household & Personal Products

     15,501,686        15,501,686                

Insurance

     24,347,031        24,347,031                

Materials

     14,733,569        14,733,569                

Media

     10,033,692        10,033,692                

Pharmaceuticals, Biotechnology & Life Sciences

     39,550,439        39,550,439                

Retailing

     27,864,977        27,864,977                

Semiconductors & Semiconductor Equipment

     18,264,292        18,264,292                

Software & Services

     120,383,414        120,383,414                

Technology Hardware & Equipment

     35,554,734        35,554,734                

Telecommunication Services

     11,074,489        11,074,489                

Transportation

     14,042,572        14,042,572                

Utilities

     32,125,772        32,125,772                

Short-Term Investments

     1,698,794        1,698,794                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     661,859,196      $     661,859,196      $     —      $     —  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1)  For the six-month period ended June 30, 2018, there were no transfers between any levels.

 

The accompanying notes are an integral part of these financial statements.

 

 

  69  

 


Hartford Dividend and Growth HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.0%  
      Automobiles & Components - 0.3%  
  808,257    

Ford Motor Co.

  $ 8,947,405  
   

 

 

 
      Banks - 10.5%  
  3,956,013    

Bank of America Corp.

    111,520,006  
  437,662    

Bank of Nova Scotia

    25,043,020  
  574,093    

Citigroup, Inc.

    38,418,304  
  1,075,471    

JP Morgan Chase & Co.

    112,064,078  
  480,275    

PNC Financial Services Group, Inc.

    64,885,152  
   

 

 

 
      351,930,560  
   

 

 

 
      Capital Goods - 4.2%  
  523,543    

ABB Ltd. ADR

    11,397,531  
  159,021    

Caterpillar, Inc.

    21,574,379  
  286,108    

Eaton Corp. plc

    21,383,712  
  154,881    

Honeywell International, Inc.

    22,310,608  
  877,898    

Johnson Controls International plc

    29,365,688  
  38,561    

Lockheed Martin Corp.

    11,392,076  
  190,858    

United Technologies Corp.

    23,862,976  
   

 

 

 
      141,286,970  
   

 

 

 
      Consumer Services - 1.0%  
  405,717    

Hilton Worldwide Holdings, Inc.

    32,116,558  
   

 

 

 
      Diversified Financials - 3.2%  
  63,604    

BlackRock, Inc.

    31,740,940  
  503,669    

Intercontinental Exchange, Inc.

    37,044,855  
  362,207    

Northern Trust Corp.

    37,267,478  
   

 

 

 
      106,053,273  
   

 

 

 
      Energy - 10.1%  
  429,019    

BP plc ADR

    19,589,008  
  287,181    

Canadian Natural Resources Ltd.

    10,358,619  
  710,822    

Chevron Corp.

    89,869,225  
  632,341    

ConocoPhillips

    44,023,580  
  641,348    

Halliburton Co.

    28,899,141  
  859,801    

Hess Corp.

    57,512,089  
  1,276,412    

Suncor Energy, Inc.

    51,924,440  
  612,357    

TOTAL S.A. ADR

    37,084,340  
   

 

 

 
      339,260,442  
   

 

 

 
      Food & Staples Retailing - 2.2%  
  114,439    

Costco Wholesale Corp.

    23,915,462  
  429,362    

Sysco Corp.

    29,321,131  
  250,970    

Walmart, Inc.

    21,495,581  
   

 

 

 
      74,732,174  
   

 

 

 
      Food, Beverage & Tobacco - 2.3%  
  420,459    

PepsiCo., Inc.

    45,775,371  
  371,067    

Philip Morris International, Inc.

    29,959,950  
   

 

 

 
      75,735,321  
   

 

 

 
      Health Care Equipment & Services - 5.5%  
  398,067    

Abbott Laboratories

    24,278,106  
  387,356    

Cardinal Health, Inc.

    18,914,594  
  502,977    

CVS Health Corp.

    32,366,570  
  585,946    

Medtronic plc

    50,162,837  
  177,837    

UnitedHealth Group, Inc.

    43,630,530  
  146,416    

Universal Health Services, Inc. Class B

    16,316,599  
   

 

 

 
      185,669,236  
   

 

 

 
      Household & Personal Products - 0.8%  
  476,246    

Unilever N.V.

    26,536,427  
   

 

 

 
      Insurance - 7.4%  
  624,404    

American International Group, Inc.

    33,105,900  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.0% - (continued)  
      Insurance - 7.4% - (continued)  
  48,561    

Brighthouse Financial, Inc.*

  $ 1,945,839  
  512,720    

Chubb Ltd.

    65,125,694  
  358,051    

Marsh & McLennan Cos., Inc.

    29,349,440  
  520,436    

MetLife, Inc.

    22,691,010  
  563,721    

Principal Financial Group, Inc.

    29,849,027  
  691,466    

Prudential Financial, Inc.

    64,658,986  
   

 

 

 
      246,725,896  
   

 

 

 
      Materials - 4.8%  
  551,826    

Ball Corp.

    19,617,415  
  765,044    

BHP Billiton plc ADR

    34,388,728  
  185,620    

Celanese Corp. Series A

    20,614,957  
  188,015    

CRH plc ADR

    6,646,330  
  155,419    

FMC Corp.

    13,864,929  
  692,449    

International Paper Co.

    36,062,744  
  288,563    

PPG Industries, Inc.

    29,932,640  
   

 

 

 
      161,127,743  
   

 

 

 
      Media - 2.7%  
  336,489    

CBS Corp. Class B

    18,917,411  
  2,200,902    

Comcast Corp. Class A

    72,211,595  
   

 

 

 
      91,129,006  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 7.8%  
  1,539,633    

AstraZeneca plc ADR

    54,056,514  
  1,163,864    

Bristol-Myers Squibb Co.

    64,408,234  
  400,465    

Eli Lilly & Co.

    34,171,678  
  845,644    

Merck & Co., Inc.

    51,330,591  
  83,000    

Novartis AG ADR

    6,269,820  
  1,432,338    

Pfizer, Inc.

    51,965,223  
   

 

 

 
      262,202,060  
   

 

 

 
      Real Estate - 2.5%  
  201,036    

American Tower Corp. REIT

    28,983,360  
  71,023    

Boston Properties, Inc. REIT

    8,907,705  
  602,400    

Invitation Homes, Inc. REIT

    13,891,344  
  198,498    

Simon Property Group, Inc. REIT

    33,782,374  
   

 

 

 
      85,564,783  
   

 

 

 
      Retailing - 2.8%  
  176,855    

Expedia Group, Inc.

    21,256,202  
  92,518    

Home Depot, Inc.

    18,050,262  
  251,675    

Lowe’s Cos., Inc.

    24,052,580  
  305,796    

TJX Cos., Inc.

    29,105,663  
   

 

 

 
      92,464,707  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 4.2%  
  1,345,555    

Intel Corp.

    66,887,539  
  202,041    

KLA-Tencor Corp.

    20,715,264  
  419,857    

QUALCOMM, Inc.

    23,562,375  
  269,972    

Texas Instruments, Inc.

    29,764,413  
   

 

 

 
      140,929,591  
   

 

 

 
      Software & Services - 9.6%  
  160,156    

Accenture plc Class A

    26,199,920  
  65,146    

Alliance Data Systems Corp.

    15,192,047  
  81,013    

Alphabet, Inc. Class A*

    91,479,070  
  864,489    

eBay, Inc.*

    31,346,371  
  138,139    

International Business Machines Corp.

    19,298,018  
  1,394,029    

Microsoft Corp.

    137,465,200  
   

 

 

 
      320,980,626  
   

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  70  

 


Hartford Dividend and Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.0% - (continued)  
      Technology Hardware & Equipment - 4.9%  
  250,184    

Apple, Inc.

  $ 46,311,560  
  1,017,620    

Cisco Systems, Inc.

    43,788,189  
  1,500,863    

HP, Inc.

    34,054,581  
  334,591    

Motorola Solutions, Inc.

    38,936,355  
   

 

 

 
      163,090,685  
   

 

 

 
      Telecommunication Services - 3.1%      
  523,366    

AT&T, Inc.

    16,805,282  
  1,746,610    

Verizon Communications, Inc.

    87,871,949  
   

 

 

 
      104,677,231  
   

 

 

 
      Transportation - 3.3%      
  125,937    

Canadian Pacific Railway Ltd.

    23,048,990  
  379,801    

Delta Air Lines, Inc.

    18,815,342  
  228,513    

Union Pacific Corp.

    32,375,722  
  356,498    

United Parcel Service, Inc. Class B

    37,870,782  
   

 

 

 
      112,110,836  
   

 

 

 
      Utilities - 4.8%      
  623,080    

Dominion Energy, Inc.

    42,481,594  
  544,162    

Edison International

    34,429,130  
  777,465    

Exelon Corp.

    33,120,009  
  311,904    

NextEra Energy, Inc.

    52,097,325  
   

 

 

 
      162,128,058  
   

 

 

 
 

Total Common Stocks
(cost $2,382,520,133)

  $ 3,285,399,588  
   

 

 

 
 

Total Long-Term Investments
(cost $2,382,520,133)

  $ 3,285,399,588  
   

 

 

 
SHORT-TERM INVESTMENTS - 1.6%  
      Other Investment Pools & Funds - 1.6%      
  53,040,559    

Fidelity Institutional Government Fund, Institutional Class,
1.80%(1)

    53,040,559  
   

 

 

 
 

Total Short-Term Investments
(cost $53,040,559)

  $ 53,040,559  
   

 

 

 
 

Total Investments
(cost $2,435,560,692)

    99.6    $ 3,338,440,147  
 

Other Assets and Liabilities

    0.4      13,088,910  
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 3,351,529,057  
   

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  71  

 


Hartford Dividend and Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

 

     Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s.

 

     For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

* Non-income producing.

 

(1)  Current yield as of period end.

 

  See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Other Abbreviations:

ADR

   American Depositary Receipt

REIT

   Real Estate Investment Trust

 

The accompanying notes are an integral part of these financial statements.

 

 

  72  

 


Hartford Dividend and Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total      Level 1(1)      Level 2(1)      Level 3(1)  

Assets

 

Common Stocks

 

Automobiles & Components

   $ 8,947,405      $ 8,947,405      $     —      $     —  

Banks

     351,930,560        351,930,560                

Capital Goods

     141,286,970        141,286,970                

Consumer Services

     32,116,558        32,116,558                

Diversified Financials

     106,053,273        106,053,273                

Energy

     339,260,442        339,260,442                

Food & Staples Retailing

     74,732,174        74,732,174                

Food, Beverage & Tobacco

     75,735,321        75,735,321                

Health Care Equipment & Services

     185,669,236        185,669,236                

Household & Personal Products

     26,536,427        26,536,427                

Insurance

     246,725,896        246,725,896                

Materials

     161,127,743        161,127,743                

Media

     91,129,006        91,129,006                

Pharmaceuticals, Biotechnology & Life Sciences

     262,202,060        262,202,060                

Real Estate

     85,564,783        85,564,783                

Retailing

     92,464,707        92,464,707                

Semiconductors & Semiconductor Equipment

     140,929,591        140,929,591                

Software & Services

     320,980,626        320,980,626                

Technology Hardware & Equipment

     163,090,685        163,090,685                

Telecommunication Services

     104,677,231        104,677,231                

Transportation

     112,110,836        112,110,836                

Utilities

     162,128,058        162,128,058                

Short-Term Investments

     53,040,559        53,040,559                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     3,338,440,147      $     3,338,440,147      $      $  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1)  For the six-month period ended June 30, 2018, there were no transfers between any levels.

 

The accompanying notes are an integral part of these financial statements.

 

 

  73  

 


Hartford Global Growth HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 99.1%  
      Automobiles & Components - 1.0%  
  50,705    

Magna International, Inc.

  $ 2,949,001  
  16,356    

Volkswagen AG

    2,702,179  
   

 

 

 
      5,651,180  
   

 

 

 
      Banks - 4.3%  
  375,972    

Banco Santander S.A.

    2,009,369  
  280,759    

Bank of America Corp.

    7,914,596  
  40,510    

BNP Paribas S.A.

    2,505,822  
  32,070    

HDFC Bank Ltd. ADR

    3,367,991  
  24,580    

JP Morgan Chase & Co.

    2,561,236  
  18,925    

PNC Financial Services Group, Inc.

    2,556,768  
  129,499    

UniCredit S.p.A.

    2,146,368  
   

 

 

 
      23,062,150  
   

 

 

 
      Capital Goods - 8.2%  
  122,442    

ABB Ltd.

    2,670,939  
  35,075    

Airbus SE

    4,093,070  
  124,040    

Assa Abloy AB Class B

    2,631,086  
  112,160    

Atlas Copco AB Class A

    3,248,213  
  13,000    

FANUC Corp.

    2,576,753  
  45,507    

Fortune Brands Home & Security, Inc.

    2,443,271  
  15,814    

General Dynamics Corp.

    2,947,888  
  19,687    

Harris Corp.

    2,845,559  
  107,500    

Komatsu Ltd.

    3,060,370  
  23,982    

Lockheed Martin Corp.

    7,085,002  
  23,600    

Nidec Corp.

    3,530,314  
  34,588    

Safran S.A.

    4,188,774  
  7,372    

SMC Corp.

    2,698,819  
   

 

 

 
      44,020,058  
   

 

 

 
      Commercial & Professional Services - 1.8%  
  85,246    

Edenred(1)

    2,692,640  
  64,502    

IHS Markit Ltd.*

    3,327,658  
  50,437    

TransUnion

    3,613,307  
   

 

 

 
      9,633,605  
   

 

 

 
      Consumer Durables & Apparel - 3.9%  
  14,160    

adidas AG

    3,082,882  
  26,893    

Cie Financiere Richemont S.A.

    2,273,385  
  107,787    

NIKE, Inc. Class B

    8,588,468  
  1,067    

NVR, Inc.*

    3,169,363  
  75,600    

Sony Corp.

    3,871,805  
   

 

 

 
      20,985,903  
   

 

 

 
      Consumer Services - 3.6%  
  76,285    

Hilton Worldwide Holdings, Inc.

    6,038,720  
  186,663    

Melco Resorts & Entertainment Ltd. ADR

    5,226,564  
  55,794    

New Oriental Education & Technology Group, Inc. ADR

    5,281,460  
  570,862    

Sands China Ltd.

    3,043,486  
   

 

 

 
      19,590,230  
   

 

 

 
      Diversified Financials - 7.6%  
  74,662    

American Express Co.

    7,316,876  
  50,179    

Intercontinental Exchange, Inc.

    3,690,666  
  103,401    

Julius Baer Group Ltd.*

    6,056,344  
  18,138    

Moody’s Corp.

    3,093,617  
  21,145    

MSCI, Inc.

    3,498,017  
  29,448    

Northern Trust Corp.

    3,029,905  
  4,459    

Partners Group Holding AG

    3,259,731  
  17,260    

S&P Global, Inc.

    3,519,142  
  136,173    

TD Ameritrade Holding Corp.

    7,458,195  
   

 

 

 
      40,922,493  
   

 

 

 
Shares or Principal Amount   Market Value  
COMMON STOCKS - 99.1% - (continued)  
      Energy - 2.0%  
  302,529    

Encana Corp.

  $ 3,951,183  
  157,698    

Galp Energia SGPS S.A.

    2,999,992  
  122,737    

Newfield Exploration Co.*

    3,712,794  
   

 

 

 
      10,663,969  
   

 

 

 
      Food & Staples Retailing - 0.6%  
  48,775    

Sysco Corp.

    3,330,845  
   

 

 

 
      Food, Beverage & Tobacco - 2.5%  
  16,752    

Constellation Brands, Inc. Class A

    3,666,510  
  386,569    

Davide Campari-Milano S.p.A.

    3,172,929  
  92,593    

Diageo plc

    3,326,487  
  54,415    

Monster Beverage Corp.*

    3,117,980  
   

 

 

 
      13,283,906  
   

 

 

 
      Health Care Equipment & Services - 6.9%  
  55,636    

Abbott Laboratories

    3,393,239  
  12,924    

Anthem, Inc.

    3,076,300  
  47,336    

Baxter International, Inc.

    3,495,290  
  190,101    

Boston Scientific Corp.*

    6,216,303  
  26,508    

DexCom, Inc.*

    2,517,730  
  28,098    

Edwards Lifesciences Corp.*

    4,090,226  
  11,290    

Humana, Inc.

    3,360,243  
  23,746    

Stryker Corp.

    4,009,749  
  29,327    

UnitedHealth Group, Inc.

    7,195,086  
   

 

 

 
      37,354,166  
   

 

 

 
      Insurance - 1.8%  
  497,600    

AIA Group Ltd.

    4,334,798  
  576,300    

Ping An Insurance Group Co. of China Ltd. Class H

    5,277,568  
   

 

 

 
      9,612,366  
   

 

 

 
      Materials - 1.7%  
  183,021    

BHP Billiton plc

    4,107,434  
  182,863    

First Quantum Minerals Ltd.

    2,694,296  
  25,800    

Shin-Etsu Chemical Co., Ltd.

    2,292,805  
   

 

 

 
      9,094,535  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 3.6%  
  50,590    

AstraZeneca plc

    3,499,168  
  63,807    

Bristol-Myers Squibb Co.

    3,531,079  
  39,200    

Eisai Co., Ltd.

    2,759,289  
  22,783    

ICON plc*

    3,019,431  
  1,752,000    

Sino Biopharmaceutical Ltd.

    2,675,665  
  19,797    

Thermo Fisher Scientific, Inc.

    4,100,750  
   

 

 

 
      19,585,382  
   

 

 

 
      Real Estate - 0.7%  
  26,122    

American Tower Corp. REIT

    3,766,009  
   

 

 

 
      Retailing - 11.1%  
  12,421    

Amazon.com, Inc.*

    21,113,216  
  510,677    

B&M European Value Retail S.A.

    2,712,903  
  1,804    

Booking Holdings, Inc.*

    3,656,870  
  33,653    

Home Depot, Inc.

    6,565,700  
  79,697    

Industria de Diseno Textil S.A.

    2,714,009  
  10,317    

Netflix, Inc.*

    4,038,383  
  49,775    

Ross Stores, Inc.

    4,218,431  
  82,600    

TJX Cos., Inc.

    7,861,868  
  25,910    

Wayfair, Inc. Class A*(1)

    3,077,072  
  71,830    

Zalando SE*(2)

    4,003,228  
   

 

 

 
      59,961,680  
   

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  74  

 


Hartford Global Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 99.1% - (continued)  
      Semiconductors & Semiconductor Equipment - 3.0%  
  211,873    

Advanced Micro Devices, Inc.*

  $ 3,175,976  
  139,299    

Infineon Technologies AG

    3,538,376  
  51,827    

Micron Technology, Inc.*

    2,717,808  
  16,318    

NVIDIA Corp.

    3,865,734  
  417,000    

Taiwan Semiconductor Manufacturing Co., Ltd.

    2,961,148  
   

 

 

 
      16,259,042  
   

 

 

 
      Software & Services - 29.9%      
  28,747    

Accenture plc Class A

    4,702,722  
  44,045    

Adobe Systems, Inc.*

    10,738,611  
  36,653    

Alibaba Group Holding Ltd. ADR*

    6,800,231  
  19,835    

Alphabet, Inc. Class C*

    22,128,918  
  29,963    

Autodesk, Inc.*

    3,927,850  
  1,125    

Dropbox, Inc. Class B*(2)(3)(4)(5)(6)

    34,801  
  83,445    

eBay, Inc.*

    3,025,716  
  88,867    

Facebook, Inc. Class A*

    17,268,635  
  14,707    

FleetCor Technologies, Inc.*

    3,098,029  
  29,022    

Global Payments, Inc.

    3,235,663  
  20,848    

Intuit, Inc.

    4,259,351  
  252,154    

Just Eat plc*

    2,585,709  
  50,998    

Mastercard, Inc. Class A

    10,022,127  
  145,512    

Microsoft Corp.

    14,348,938  
  10,800    

Nintendo Co., Ltd.

    3,525,434  
  123,279    

PayPal Holdings, Inc.*

    10,265,442  
  69,918    

salesforce.com, Inc.*

    9,536,815  
  49,329    

ServiceNow, Inc.*

    8,507,773  
  19,670    

Spotify Technology S.A.*

    3,309,281  
  137,740    

Tencent Holdings Ltd.

    6,916,665  
  40,090    

Total System Services, Inc.

    3,388,407  
  50,640    

Visa, Inc. Class A

    6,707,268  
  82,719    

Yandex N.V. Class A*

    2,969,612  
   

 

 

 
      161,303,998  
   

 

 

 
      Technology Hardware & Equipment - 2.8%      
  39,315    

CDW Corp.

    3,176,259  
  190,541    

Flex Ltd.*

    2,688,534  
  5,787    

Keyence Corp.

    3,263,950  
  82,488    

Samsung Electronics Co., Ltd.

    3,455,386  
  135,583    

Sunny Optical Technology Group Co., Ltd.

    2,514,706  
   

 

 

 
      15,098,835  
   

 

 

 
      Telecommunication Services - 0.7%      
  58,816    

T-Mobile US, Inc.*

    3,514,256  
   

 

 

 
      Transportation - 1.4%      
  39,274    

Canadian National Railway Co.

    3,212,363  
  31,473    

Union Pacific Corp.

    4,459,095  
   

 

 

 
      7,671,458  
   

 

 

 
 

Total Common Stocks
(cost $388,795,426)

  $ 534,366,066  
   

 

 

 
WARRANTS - 0.0%  
      Diversified Financials - 0.0%      
  1,035    

Emergent Capital, Inc. Expires 4/11/19*(4)(6)

  $  
   

 

 

 
 

Total Warrants
(cost $—)

  $  
   

 

 

 
 

Total Long-Term Investments
(cost $388,795,426)

  $ 534,366,066  
   

 

 

 
Shares or Principal Amount   Market Value  
SHORT-TERM INVESTMENTS - 1.2%  
      Other Investment Pools & Funds - 0.9%      
  4,875,125    

Fidelity Institutional Government Fund, Institutional Class,
1.80%(7)

  $ 4,875,125  
   

 

 

 
      Securities Lending Collateral - 0.3%      
  68,688    

Citibank NA DDCA,
1.91%, 7/2/2018(7)

    68,688  
  463,982    

Goldman Sachs Financial Square Funds, Government Institutional Fund,
1.81%(7)

    463,982  
  431,134    

Invesco Government & Agency Portfolio,
1.81%(7)

    431,133  
  127,196    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class,
1.84%(7)

    127,196  
  282,758    

Western Asset Institutional Government Class A Fund,
1.79%(7)

    282,758  
   

 

 

 
      1,373,757  
   

 

 

 
 

Total Short-Term Investments
(cost $6,248,882)

  $ 6,248,882  
   

 

 

 
 

Total Investments
(cost $395,044,308)

    100.3    $ 540,614,948  
 

Other Assets and Liabilities

    (0.3 )%       (1,541,511
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 539,073,437  
   

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  75  

 


Hartford Global Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note:

Percentage of investments as shown is the ratio of the total market value to total net assets.

 

    

Prices of foreign equities that are principally traded on certain foreign markets will generally be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

 

    

Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s.

 

    

For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

*

Non-income producing.

 

(1) 

Represents entire or partial securities on loan. See Note 8 in the accompanying Notes to Financial Statements for securities lending information.

 

(2) 

Securities issued within terms of a private placement memorandum and exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold to qualified institutional buyers. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2018, the aggregate value of these securities was $4,038,029, which represented 0.7% of total net assets.

 

(3) 

Investment valued using significant unobservable inputs.

 

(4) 

These securities are valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2018, the aggregate fair value of these securities was $34,801, which represented 0.0% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

 

(5) 

The following illiquid securities are considered restricted due to a contractual lock-up period associated with the securities.

 

Period
Acquired

  

Security Name

   Shares/Par
Value
   Base
Total Cost
     Base
Market
Value
 
05/2012    Dropbox, Inc. Class B    1,125    $     15,270      $     34,801  

 

(6) 

This security has been identified as illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time. The identification of illiquid securities is unaudited.At June 30, 2018, the aggregate value of these securities was $34,801, which represented 0.0% of total net assets.

 

(7) 

Current yield as of period end.

 

See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Other Abbreviations:

ADR

   American Depositary Receipt

DDCA

   Dollars on Deposit in Custody Account

MSCI

   Morgan Stanley Capital International

REIT

   Real Estate Investment Trust

 

The accompanying notes are an integral part of these financial statements.

 

 

  76  

 


Hartford Global Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total      Level 1(1)      Level 2(1)      Level 3(1)  

Assets

 

Common Stocks

           

Automobiles & Components

   $ 5,651,180      $ 2,949,001      $ 2,702,179      $  

Banks

     23,062,150        16,400,591        6,661,559         

Capital Goods

     44,020,058        15,321,720        28,698,338         

Commercial & Professional Services

     9,633,605        6,940,965        2,692,640         

Consumer Durables & Apparel

     20,985,903        11,757,831        9,228,072         

Consumer Services

     19,590,230        16,546,744        3,043,486         

Diversified Financials

     40,922,493        31,606,418        9,316,075         

Energy

     10,663,969        7,663,977        2,999,992         

Food & Staples Retailing

     3,330,845        3,330,845                

Food, Beverage & Tobacco

     13,283,906        6,784,490        6,499,416         

Health Care Equipment & Services

     37,354,166        37,354,166                

Insurance

     9,612,366               9,612,366         

Materials

     9,094,535        2,694,296        6,400,239         

Pharmaceuticals, Biotechnology & Life Sciences

     19,585,382        10,651,260        8,934,122         

Real Estate

     3,766,009        3,766,009                

Retailing

     59,961,680        50,531,540        9,430,140         

Semiconductors & Semiconductor Equipment

     16,259,042        9,759,518        6,499,524         

Software & Services

     161,303,998        148,241,389        13,027,808        34,801  

Technology Hardware & Equipment

     15,098,835        5,864,793        9,234,042         

Telecommunication Services

     3,514,256        3,514,256                

Transportation

     7,671,458        7,671,458                

Warrants

                           

Short-Term Investments

     6,248,882        6,248,882                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     540,614,948      $     405,600,149      $     134,979,998      $     34,801  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1)  For the six-month period ended June 30, 2018, there were no transfers between any levels.

Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the period ended June 30, 2018 is not presented.

 

The accompanying notes are an integral part of these financial statements.

 

 

  77  

 


Hartford Growth Opportunities HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 91.7%  
      Automobiles & Components - 0.9%  
  74,909    

Ferrari N.V.

  $ 10,113,464  
  14,583    

Tesla, Inc.*(1)

    5,001,240  
   

 

 

 
      15,114,704  
   

 

 

 
      Capital Goods - 5.0%  
  163,923    

Deere & Co.

    22,916,435  
  82,349    

Harris Corp.

    11,902,725  
  88,579    

IDEX Corp.

    12,089,262  
  118,179    

Rockwell Automation, Inc.

    19,644,895  
  964,461    

Williams Corp.*(1)

    14,274,023  
   

 

 

 
      80,827,340  
   

 

 

 
      Commercial & Professional Services - 3.5%  
  1,908,353    

ADT, Inc.(1)

    16,507,253  
  81,484    

CoStar Group, Inc.*

    33,622,743  
  18,785    

Klarna Holding AB(2)(3)(4)(5)

    2,611,140  
  514,848    

Landscape Acquisition Holdings Ltd.*

    4,672,246  
   

 

 

 
      57,413,382  
   

 

 

 
      Consumer Durables & Apparel - 3.8%  
  73,431    

Mohawk Industries, Inc.*

    15,734,060  
  107,738    

Polaris Industries, Inc.

    13,163,429  
  434,306    

Skechers USA, Inc. Class A*

    13,033,523  
  220,790    

Under Armour, Inc. Class A*(1)

    4,963,359  
  704,857    

Under Armour, Inc. Class C*(1)

    14,858,386  
   

 

 

 
      61,752,757  
   

 

 

 
      Consumer Services - 4.0%  
  1,556,596    

DraftKings, Inc.*(2)(3)(4)(5)

    3,035,362  
  202,910    

Hilton Worldwide Holdings, Inc.

    16,062,356  
  189,346    

Marriott Vacations Worldwide Corp.

    21,388,524  
  441,600    

Melco Resorts & Entertainment Ltd. ADR

    12,364,800  
  45,536    

Vail Resorts, Inc.

    12,485,516  
   

 

 

 
      65,336,558  
   

 

 

 
      Diversified Financials - 4.2%  
  348,650    

American Express Co.

    34,167,700  
  1,142,999    

J2 Acquisition Ltd.*(3)

    11,155,670  
  577,000    

Platinum Eagle Acquisition Corp.*

    5,798,850  
  306,063    

TD Ameritrade Holding Corp.

    16,763,071  
   

 

 

 
      67,885,291  
   

 

 

 
      Energy - 2.0%  
  49,400    

Diamondback Energy, Inc.

    6,499,558  
  55,118    

EOG Resources, Inc.

    6,858,333  
  372,433    

Newfield Exploration Co.*

    11,266,098  
  415,095    

WPX Energy, Inc.*

    7,484,163  
   

 

 

 
      32,108,152  
   

 

 

 
      Food, Beverage & Tobacco - 1.0%  
  234,128    

Lamb Weston Holdings, Inc.

    16,040,109  
   

 

 

 
      Health Care Equipment & Services - 8.4%  
  80,124    

Align Technology, Inc.*

    27,413,625  
  451,801    

Baxter International, Inc.

    33,360,986  
  125,375    

DexCom, Inc.*

    11,908,118  
  201,344    

Edwards Lifesciences Corp.*

    29,309,646  
  248,130    

Insulet Corp.*

    21,264,741  
  173,368    

Veeva Systems, Inc. Class A*

    13,325,064  
   

 

 

 
      136,582,180  
   

 

 

 
      Materials - 2.4%  
  188,752    

Packaging Corp. of America

    21,100,586  
  143,504    

Vulcan Materials Co.

    18,520,626  
   

 

 

 
      39,621,212  
   

 

 

 
Shares or Principal Amount   Market Value  
COMMON STOCKS - 91.7% - (continued)  
      Media - 0.4%  
  680,569    

Ocean Outdoor Ltd.*(2)(3)(4)(5)

  $ 6,516,448  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 3.4%  
  375,033    

AstraZeneca plc ADR

    13,167,408  
  24,902    

Bluebird Bio, Inc.*

    3,908,369  
  519,654    

Exact Sciences Corp.*

    31,070,113  
  120,215    

Seattle Genetics, Inc.*

    7,981,074  
   

 

 

 
      56,126,964  
   

 

 

 
      Real Estate - 0.0%  
  10,657    

WeWork Companies, Inc. Class A, REIT*(2)(3)(4)(5)

    552,139  
   

 

 

 
      Retailing - 13.8%  
  52,492    

Amazon.com, Inc.*

    89,225,902  
  179,912    

Dollar Tree, Inc.*

    15,292,520  
  510,051    

Floor & Decor Holdings, Inc. Class A*

    25,160,816  
  41,578    

JAND, Inc. Class A(2)(3)(4)(5)

    564,629  
  78,268    

Netflix, Inc.*

    30,636,443  
  155,794    

Tiffany & Co.

    20,502,491  
  38,805    

Tory Burch LLC*(2)(3)(4)(5)

    2,106,337  
  314,578    

TripAdvisor, Inc.*

    17,525,140  
  202,192    

Wayfair, Inc. Class A*(1)

    24,012,322  
   

 

 

 
      225,026,600  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 5.4%  
  166,413    

Microchip Technology, Inc.

    15,135,262  
  434,595    

Micron Technology, Inc.*

    22,790,162  
  107,353    

NVIDIA Corp.

    25,431,926  
  661,529    

Teradyne, Inc.

    25,184,409  
   

 

 

 
      88,541,759  
   

 

 

 
      Software & Services - 30.1%  
  178,338    

2U, Inc.*

    14,901,923  
  99,828    

Adobe Systems, Inc.*

    24,339,065  
  113,540    

Atlassian Corp. plc Class A*

    7,098,521  
  165,618    

Autodesk, Inc.*

    21,710,864  
  466,791    

Facebook, Inc. Class A*

    90,706,827  
  82,558    

FleetCor Technologies, Inc.*

    17,390,843  
  152,025    

ForeScout Technologies, Inc.*

    5,208,376  
  390,890    

Guidewire Software, Inc.*

    34,703,214  
  90,400    

Okta, Inc.*

    4,553,448  
  382,267    

PayPal Holdings, Inc.*

    31,831,373  
  335,761    

salesforce.com, Inc.*

    45,797,800  
  168,112    

ServiceNow, Inc.*

    28,994,277  
  140,775    

Shopify, Inc. Class A*(1)

    20,537,665  
  190,982    

Spotify Technology S.A.*

    32,130,812  
  474,901    

SS&C Technologies Holdings, Inc.

    24,647,362  
  268,456    

Trade Desk, Inc. Class A*(1)

    25,181,173  
  94,966    

Weibo Corp. ADR*

    8,429,182  
  234,165    

Wix.com Ltd.*

    23,486,749  
  244,999    

Workday, Inc. Class A*

    29,674,279  
  23,388    

Zuora, Inc. Class A*(1)

    636,153  
   

 

 

 
      491,959,906  
   

 

 

 
      Technology Hardware & Equipment - 1.9%  
  78,801    

IPG Photonics Corp.*

    17,385,864  
  92,103    

Zebra Technologies Corp. Class A*

    13,193,755  
   

 

 

 
      30,579,619  
   

 

 

 
      Transportation - 1.5%  
  396,647    

CSX Corp.

    25,298,146  
   

 

 

 
 

Total Common Stocks
(cost $1,251,704,705)

  $ 1,497,283,266  
   

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  78  

 


Hartford Growth Opportunities HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
PREFERRED STOCKS - 4.6%  
      Real Estate - 0.8%  
  114,486    

WeWork Companies, Inc. Class D-2*(2)(3)(4)(5)

  $ 5,931,520  
  145,709    

WeWork Companies, Inc. Class D-1*(2)(3)(4)(5)

    7,549,183  
   

 

 

 
      13,480,703  
   

 

 

 
      Retailing - 0.6%  
  1,605,750    

Coupang LLC*(2)(3)(4)(5)

    7,991,978  
  92,843    

JAND, Inc. Series D*(2)(3)(4)(5)

    1,295,160  
   

 

 

 
      9,287,138  
   

 

 

 
      Software & Services - 3.2%  
  1,871,878    

Essence Group Holdings Corp. Series 3*(2)(3)(4)(5)

    4,005,819  
  287,204    

Lookout, Inc. Series F*(2)(3)(4)(5)

    2,469,954  
  366,944    

MarkLogic Corp. Series F*(2)(3)(4)(5)

    3,669,440  
  488,790    

Pinterest, Inc. Series G*(2)(3)(4)(5)

    3,377,539  
  589,628    

Uber Technologies, Inc. Series D*(2)(3)(4)(5)

    23,585,120  
  580,036    

Zuora, Inc. Series F*(2)(3)(4)(5)(6)

    14,874,186  
   

 

 

 
      51,982,058  
   

 

 

 
 

Total Preferred Stocks
(cost $37,963,753)

  $ 74,749,899  
   

 

 

 
CONVERTIBLE PREFERRED STOCKS - 0.2%  
      Retailing - 0.2%  
  102,040    

Honest Co. Series C*(2)(3)(4)(5)

  $ 3,114,261  
   

 

 

 
 

Total Convertible Preferred Stocks
(cost $2,760,927)

  $ 3,114,261  
   

 

 

 
ESCROWS - 0.1%  
      Capital Goods - 0.0%  
  1,458,400    

Lithium Technology Corp., Escrow(2)(3)(4)(5)

  $ 437,520  
   

 

 

 
      Software & Services - 0.1%  
  1,070,278    

Birst, Inc. Escrow*(2)(3)(4)(5)

    101,677  
  210,735    

Veracode, Inc. Escrow*(2)(3)(4)(5)

    847,155  
   

 

 

 
      948,832  
   

 

 

 
      Telecommunication Services - 0.0%  
  49,126    

Docusign Earnout, Escrow*(2)(3)(4)(5)

    110,533  
   

 

 

 
 

Total Escrows
(cost $—)

  $ 1,496,885  
   

 

 

 
WARRANTS - 0.2%  
      Capital Goods - 0.1%  
  621,393    

Williams Corp. Expires 9/16/20*

  $ 1,404,348  
   

 

 

 
      Commercial & Professional Services - 0.0%  
  516,400    

Landscape Acquisition Holdings Ltd. Expires 11/23/22*

    180,740  
   

 

 

 
      Diversified Financials - 0.0%  
  1,195,579    

J2 Acquisition Ltd. Expires 9/7/27*

    538,011  
   

 

 

 
      Real Estate - 0.1%  
  214,600    

Vinhomes JSC Expires 5/23/28*

    1,050,636  
   

 

 

 
 

Total Warrants
(cost $1,656,521)

  $ 3,173,735  
   

 

 

 
 

Total Long-Term Investments
(cost $1,294,085,906)

  $ 1,579,818,046  
   

 

 

 
Shares or Principal Amount   Market Value  
SHORT-TERM INVESTMENTS - 6.0%  
      Other Investment Pools & Funds - 3.3%      
  53,900,687    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 1.84%(7)

  $ 53,900,687  
   

 

 

 
      Securities Lending Collateral - 2.7%      
  2,248,295    

Citibank NA DDCA,
1.91%, 7/2/2018(7)

    2,248,295  
  15,187,077    

Goldman Sachs Financial Square Funds, Government Institutional Fund, 1.81%(7)

    15,187,077  
  14,111,892    

Invesco Government & Agency Portfolio, 1.81%(7)

    14,111,892  
  4,163,385    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 1.84%(7)

    4,163,385  
  9,255,249    

Western Asset Institutional Government Class A Fund, 1.79%(7)

    9,255,249  
   

 

 

 
      44,965,898  
   

 

 

 
 

Total Short-Term Investments
(cost $98,866,585)

  $ 98,866,585  
   

 

 

 
 

Total Investments
(cost $1,392,952,491)

    102.8    $ 1,678,684,631  
 

Other Assets and Liabilities

    (2.8 )%       (46,233,818
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 1,632,450,813  
   

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  79  

 


Hartford Growth Opportunities HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note:

Percentage of investments as shown is the ratio of the total market value to total net assets.

 

    

Prices of foreign equities that are principally traded on certain foreign markets will generally be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

 

    

Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s.

 

    

For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

*

Non-income producing.

 

(1) 

Represents entire or partial securities on loan. See Note 8 in the accompanying Notes to Financial Statements for securities lending information.

 

(2) 

Investment valued using significant unobservable inputs.

 

(3) 

Securities issued within terms of a private placement memorandum and exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold to qualified institutional buyers. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2018, the aggregate value of these securities was $105,902,770, which represented 6.5% of total net assets.

 

(4) 

These securities are valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2018, the aggregate fair value of these securities was $94,747,100, which represented 5.8% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

 

(5) 

This security has been identified as illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time. The identification of illiquid securities is unaudited. At June 30, 2018, the aggregate value of these securities was $94,747,100, which represented 5.8% of total net assets.

 

(6) 

The following illiquid securities are considered restricted due to a contractual lock-up period associated with the securities.

 

Period
Acquired

  

Security Name

   Shares/Par
Value
   Base
Total Cost
     Base
Market
Value
 
01/2015    Zuora, Inc. Series F Preferred    580,036    $     4,407,461      $     14,874,186  

 

(7) 

Current yield as of period end.

 

See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Other Abbreviations:

ADR

   American Depositary Receipt

DDCA

   Dollars on Deposit in Custody Account

JSC

   Joint Stock Company

REIT

   Real Estate Investment Trust

 

The accompanying notes are an integral part of these financial statements.

 

 

  80  

 


Hartford Growth Opportunities HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total      Level 1(1)      Level 2(1)      Level 3(1)  

Assets

           

Common Stocks

           

Automobiles & Components

   $ 15,114,704      $ 15,114,704      $      $  

Capital Goods

     80,827,340        80,827,340                

Commercial & Professional Services

     57,413,382        54,802,242               2,611,140  

Consumer Durables & Apparel

     61,752,757        61,752,757                

Consumer Services

     65,336,558        62,301,196               3,035,362  

Diversified Financials

     67,885,291        67,885,291                

Energy

     32,108,152        32,108,152                

Food, Beverage & Tobacco

     16,040,109        16,040,109                

Health Care Equipment & Services

     136,582,180        136,582,180                

Materials

     39,621,212        39,621,212                

Media

     6,516,448                      6,516,448  

Pharmaceuticals, Biotechnology & Life Sciences

     56,126,964        56,126,964                

Real Estate

     552,139                      552,139  

Retailing

     225,026,600        222,355,634               2,670,966  

Semiconductors & Semiconductor Equipment

     88,541,759        88,541,759                

Software & Services

     491,959,906        491,959,906                

Technology Hardware & Equipment

     30,579,619        30,579,619                

Transportation

     25,298,146        25,298,146                

Preferred Stocks

     74,749,899                      74,749,899  

Convertible Preferred Stocks

     3,114,261                      3,114,261  

Escrows

     1,496,885                      1,496,885  

Warrants

     3,173,735        2,123,099        1,050,636         

Short-Term Investments

     98,866,585        98,866,585                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     1,678,684,631      $     1,582,886,895      $     1,050,636      $     94,747,100  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1)  For the six-month period ended June 30, 2018, there were no transfers from Level 1 to Level 2, investments valued at $4,900,099 were transferred from Level 1 to Level 3 due to the unavailability of active market pricing.

The following is a rollforward of the Fund’s investments that were valued using unobservable inputs (Level 3) for the six-month period ended June 30, 2018:

 

     Common
Stocks
    Preferred
Stocks
    Convertible
Preferred
Stocks
     Escrows      Total  

Beginning balance

   $ 22,670,128     $ 70,602,059     $ 3,114,261      $      $ 96,386,448  

Conversions*

     (1,430,104                  1,430,104         

Purchases

     1,706,524                           1,706,524  

Sales

     (6,190,916     (9,033,437                       (15,224,353

Accrued discounts/(premiums)

                                

Total realized gain/(loss)

     (697,199     3,901,816                     3,204,617  

Net change in unrealized appreciation/depreciation

     (5,572,477     9,279,461              66,781        3,773,765  

Transfers into Level 3

     4,900,099                           4,900,099  

Transfers out of Level 3

                                
  

 

 

   

 

 

   

 

 

    

 

 

    

 

 

 

Ending balance

   $     15,386,055     $     74,749,899     $     3,114,261      $     1,496,885      $ 94,747,100  
  

 

 

   

 

 

   

 

 

    

 

 

    

 

 

 

The change in net unrealized appreciation/(depreciation) relating to the Level 3 investments held at June 30, 2018 was $10,845,228.

 

* Private Equity securities that were a common stock are now trading as escrow.

 

Note: For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

 

The accompanying notes are an integral part of these financial statements.

 

 

  81  

 


Hartford Healthcare HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.3%      
      Biotechnology - 27.6%      
  183,372    

Aduro Biotech, Inc.*(1)

  $ 1,283,604  
  28,553    

Aimmune Therapeutics, Inc.*

    767,790  
  68,373    

Alder Biopharmaceuticals, Inc.*

    1,080,293  
  119,016    

Alkermes plc*

    4,898,699  
  32,381    

Alnylam Pharmaceuticals, Inc.*

    3,189,205  
  43,204    

Arena Pharmaceuticals, Inc.*

    1,883,694  
  52,685    

Audentes Therapeutics, Inc.*

    2,013,094  
  9,692    

Biogen, Inc.*

    2,813,006  
  10,100    

Biohaven Pharmaceutical Holding Co., Ltd.*

    399,152  
  23,272    

Bluebird Bio, Inc.*

    3,652,540  
  58,961    

Calithera Biosciences, Inc.*

    294,805  
  35,698    

Celgene Corp.*

    2,835,135  
  89,370    

Clementia Pharmaceuticals, Inc.*

    1,176,109  
  209,100    

Coherus Biosciences, Inc.*

    2,927,400  
  105,055    

Cytokinetics, Inc.*

    871,957  
  59,600    

Forty Seven, Inc.*

    953,600  
  63,659    

G1 Therapeutics, Inc.*(1)

    2,766,620  
  17,631    

Galapagos N.V.*

    1,623,770  
  15,740    

Genmab A/S*

    2,421,883  
  57,559    

Global Blood Therapeutics, Inc.*

    2,601,667  
  118,341    

GlycoMimetics, Inc.*

    1,908,840  
  52,420    

Heron Therapeutics, Inc.*

    2,036,517  
  28,199    

Incyte Corp.*

    1,889,333  
  18,676    

Innate Pharma S.A.*(1)

    101,356  
  138,403    

Ironwood Pharmaceuticals, Inc.*(1)

    2,646,265  
  102,878    

Karyopharm Therapeutics, Inc.*

    1,747,897  
  49,882    

Loxo Oncology, Inc.*

    8,653,529  
  75,072    

Momenta Pharmaceuticals, Inc.*

    1,535,222  
  45,265    

Neon Therapeutics, Inc.*

    570,339  
  77,300    

Nightstar Therapeutics plc ADR*(1)

    1,236,800  
  113,258    

Portola Pharmaceuticals, Inc.*(1)

    4,277,755  
  39,780    

Radius Health, Inc.*

    1,172,317  
  8,374    

Regeneron Pharmaceuticals, Inc.*

    2,888,946  
  369,467    

Rigel Pharmaceuticals, Inc.*

    1,045,592  
  107,016    

Seattle Genetics, Inc.*

    7,104,792  
  136,257    

Syndax Pharmaceuticals, Inc.*

    956,524  
  23,676    

TESARO, Inc.*(1)

    1,052,872  
  147,278    

Trevena, Inc.*(1)

    212,080  
  22,957    

Ultragenyx Pharmaceutical, Inc.*

    1,764,705  
  31,460    

UroGen Pharma Ltd.*

    1,565,450  
  31,210    

Vertex Pharmaceuticals, Inc.*

    5,304,452  
  22,612    

Zealand Pharma A/S ADR*

    286,720  
   

 

 

 
      90,412,326  
   

 

 

 
      Drug Retail - 0.7%      
  24,860    

Walgreens Boots Alliance, Inc.

    1,491,973  
  5,696    

Zur Rose Group AG*

    745,535  
   

 

 

 
      2,237,508  
   

 

 

 
      Health Care Distributors - 2.2%      
  47,214    

Cardinal Health, Inc.

    2,305,460  
  36,094    

McKesson Corp.

    4,814,939  
   

 

 

 
      7,120,399  
   

 

 

 
      Health Care Equipment - 22.4%      
  111,149    

Abbott Laboratories

    6,778,977  
  62,731    

AtriCure, Inc.*

    1,696,874  
  24,059    

Baxter International, Inc.

    1,776,517  
  24,547    

Becton Dickinson and Co.

    5,880,479  
  322,626    

Boston Scientific Corp.*

    10,549,870  
  25,817    

Danaher Corp.

    2,547,622  
  26,749    

Edwards Lifesciences Corp.*

    3,893,852  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.3% - (continued)      
      Health Care Equipment - 22.4% - (continued)      
  123,344    

Globus Medical, Inc. Class A*

  $ 6,223,938  
  132,389    

K2M Group Holdings, Inc.*

    2,978,752  
  39,203    

Koninklijke Philips N.V.

    1,660,951  
  166,850    

Medtronic plc

    14,284,028  
  21,507    

NuVasive, Inc.*

    1,120,945  
  11,600    

Siemens Healthineers AG*(2)

    478,020  
  51,981    

Stryker Corp.

    8,777,512  
  12,401    

Teleflex, Inc.

    3,326,072  
  15,112    

Zimmer Biomet Holdings, Inc.

    1,684,081  
   

 

 

 
      73,658,490  
   

 

 

 
      Health Care Facilities - 2.8%      
  43,250    

Acadia Healthcare Co., Inc.*

    1,769,357  
  815,417    

China Resources Phoenix Healthcare Holdings Co., Ltd.

    995,284  
  135,445    

Georgia Healthcare Group plc*(2)

    451,372  
  37,449    

HCA Healthcare, Inc.

    3,842,267  
  21,142    

LifePoint Health, Inc.*

    1,031,730  
  9,472    

Universal Health Services, Inc. Class B

    1,055,560  
   

 

 

 
      9,145,570  
   

 

 

 
      Health Care Supplies - 0.9%      
  21,279    

DENTSPLY SIRONA, Inc.

    931,382  
  91,421    

Endologix, Inc.*

    517,443  
  95,539    

OraSure Technologies, Inc.*

    1,573,527  
   

 

 

 
      3,022,352  
   

 

 

 
      Health Care Technology - 3.0%      
  27,250    

athenahealth, Inc.*

    4,336,565  
  22,341    

Cerner Corp.*

    1,335,768  
  85,611    

HMS Holdings Corp.*

    1,850,910  
  40,210    

Teladoc, Inc.*(1)

    2,334,191  
   

 

 

 
      9,857,434  
   

 

 

 
      Life Sciences Tools & Services - 3.6%      
  12,194    

ICON plc*

    1,616,071  
  35,887    

Syneos Health, Inc.*

    1,683,100  
  850    

Tecan Group AG

    206,282  
  40,796    

Thermo Fisher Scientific, Inc.

    8,450,483  
   

 

 

 
      11,955,936  
   

 

 

 
      Managed Health Care - 12.1%      
  7,711    

Aetna, Inc.

    1,414,969  
  24,224    

Anthem, Inc.

    5,766,039  
  14,500    

Centene Corp.*

    1,786,545  
  26,290    

Cigna Corp.

    4,467,985  
  5,867    

Humana, Inc.

    1,746,195  
  10,991    

Molina Healthcare, Inc.*

    1,076,459  
  82,391    

UnitedHealth Group, Inc.

    20,213,808  
  12,881    

WellCare Health Plans, Inc.*

    3,171,817  
   

 

 

 
      39,643,817  
   

 

 

 
      Pharmaceuticals - 23.0%      
  59,348    

Allergan plc

    9,894,498  
  43,525    

Amneal Pharmaceuticals, Inc.*

    714,245  
  206,674    

AstraZeneca plc ADR

    7,256,324  
  221,937    

Bristol-Myers Squibb Co.

    12,281,994  
  25,965    

Chugai Pharmaceutical Co., Ltd.

    1,359,541  
  93,300    

Clearside Biomedical, Inc.*(1)

    997,377  
  49,297    

Dermira, Inc.*

    453,532  
  54,154    

Eisai Co., Ltd.

    3,811,901  
  94,914    

Eli Lilly & Co.

    8,099,012  
  61,900    

Evolus, Inc.*(1)

    1,732,581  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  82  

 


Hartford Healthcare HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.3% - (continued)      
      Pharmaceuticals - 23.0% - (continued)      
  14,205    

Hikma Pharmaceuticals plc

  $ 280,187  
  36,897    

Intersect ENT, Inc.*

    1,381,793  
  11,023    

Johnson & Johnson

    1,337,531  
  19,645    

Kala Pharmaceuticals, Inc.*

    269,726  
  104,897    

Medicines Co.*

    3,849,720  
  236,571    

MediWound Ltd.*

    1,632,340  
  105,556    

Mylan N.V.*

    3,814,794  
  70,473    

MyoKardia, Inc.*

    3,498,984  
  335,166    

Nabriva Therapeutics plc*(1)

    1,166,378  
  81,561    

Ono Pharmaceutical Co., Ltd.

    1,909,409  
  66,867    

Revance Therapeutics, Inc.*

    1,835,499  
  32,686    

Shionogi & Co., Ltd.

    1,677,246  
  807,736    

Sino Biopharmaceutical Ltd.

    1,233,579  
  15,824    

Takeda Pharmaceutical Co., Ltd.

    665,685  
  48,326    

Teva Pharmaceutical Industries Ltd. ADR

    1,175,288  
  17,900    

Tricida, Inc.*

    535,210  
  32,155    

UCB S.A.

    2,520,640  
   

 

 

 
      75,385,014  
   

 

 

 
 

Total Common Stocks
(cost $257,023,227)

  $ 322,438,846  
   

 

 

 
 

Total Long-Term Investments
(cost $257,023,227)

  $ 322,438,846  
   

 

 

 
SHORT-TERM INVESTMENTS - 6.0%  
      Other Investment Pools & Funds - 2.2%      
  7,074,871    

Fidelity Institutional Government Fund, Institutional Class, 1.80%(3)

    7,074,871  
   

 

 

 
      Securities Lending Collateral - 3.8%      
  631,111    

Citibank NA DDCA, 1.91%, 7/2/2018(3)

    631,111  
  4,263,109    

Goldman Sachs Financial Square Funds, Government Institutional Fund, 1.81%(3)

    4,263,109  
  3,961,298    

Invesco Government & Agency Portfolio, 1.81%(3)

    3,961,298  
  1,168,689    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 1.84%(3)

    1,168,689  
  2,598,007    

Western Asset Institutional Government Class A Fund, 1.79%(3)

    2,598,007  
   

 

 

 
      12,622,214  
   

 

 

 
 

Total Short-Term Investments
(cost $19,697,085)

  $ 19,697,085  
   

 

 

 
   

 

 

 
 

Total Investments
(cost $276,720,312)

    104.3    $ 342,135,931  
 

Other Assets and Liabilities

    (4.3 )%       (14,037,852
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 328,098,079  
   

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  83  

 


Hartford Healthcare HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note:

Percentage of investments as shown is the ratio of the total market value to total net assets.

 

    

Prices of foreign equities that are principally traded on certain foreign markets will generally be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

 

    

Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s.

 

    

For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

*

Non-income producing.

 

(1) 

Represents entire or partial securities on loan. See Note 8 in the accompanying Notes to Financial Statements for securities lending information.

 

(2) 

Securities issued within terms of a private placement memorandum and exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold to qualified institutional buyers. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2018, the aggregate value of these securities was $929,392, which represented 0.3% of total net assets.

 

(3) 

Current yield as of period end.

 

 

See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Other Abbreviations:

ADR

   American Depositary Receipt

DDCA

   Dollars on Deposit in Custody Account

 

The accompanying notes are an integral part of these financial statements.

 

 

  84  

 


Hartford Healthcare HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total      Level 1(1)      Level 2(1)      Level 3(1)  

Assets

           

Common Stocks

           

Biotechnology

   $ 90,412,326      $ 86,265,317      $ 4,147,009      $  

Drug Retail

     2,237,508        1,491,973        745,535         

Health Care Distributors

     7,120,399        7,120,399                

Health Care Equipment

     73,658,490        73,180,470        478,020         

Health Care Facilities

     9,145,570        7,698,914        1,446,656         

Health Care Supplies

     3,022,352        3,022,352                

Health Care Technology

     9,857,434        9,857,434                

Life Sciences Tools & Services

     11,955,936        11,749,654        206,282         

Managed Health Care

     39,643,817        39,643,817                

Pharmaceuticals

     75,385,014        65,113,151        10,271,863         

Short-Term Investments

     19,697,085        19,697,085                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     342,135,931      $     324,840,566      $     17,295,365      $     —  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2018, investments valued at $4,954,554 were transferred from Level 1 to Level 2 due to the application of a fair valuation model factor; there were no transfers from Level 2 to Level 1 and there were no transfers in and out of Level 3.

 

Note:

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

 

The accompanying notes are an integral part of these financial statements.

 

 

  85  

 


Hartford High Yield HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 1.2%  
      Consumer Services - 0.2%  
    58,800    

Caesars Entertainment Corp.*

  $ 629,160  
     

 

 

 
      Energy - 0.8%  
    206,275,142    

KCA Deutag*(1)(2)(3)(4)

    1,204,647  
    19,100    

Peabody Energy Corp.

    868,668  
     

 

 

 
        2,073,315  
     

 

 

 
      Materials - 0.2%  
    57,600    

Constellium N.V. Class A*

    593,280  
     

 

 

 
 

Total Common Stocks
(cost $5,098,075)

  $ 3,295,755  
     

 

 

 
     
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 0.0%  
      Asset-Backed - Finance & Insurance - 0.0%  
  $       2,490,000    

Soundview NIM Trust
8.25%, 12/25/2036(2)

  $  
     

 

 

 
 

Total Asset & Commercial Mortgage Backed Securities
(cost $2,478,958)

  $  
     

 

 

 
     
CORPORATE BONDS - 87.6%  
      Aerospace/Defense - 0.4%  
 

DAE Funding LLC

 

  $       370,000    

4.50%, 08/01/2022(2)

  $ 358,900  
    760,000    

5.00%, 08/01/2024(2)

    729,980  
     

 

 

 
    1,088,880  
     

 

 

 
      Auto Manufacturers - 0.1%  
    400,000    

Tesla, Inc.
5.30%, 08/15/2025(2)

    356,000  
     

 

 

 
      Auto Parts & Equipment - 0.2%  
    685,000    

Goodyear Tire & Rubber Co.
5.00%, 05/31/2026

    637,050  
     

 

 

 
      Biotechnology - 0.1%  
    370,000    

Sotera Health Topco, Inc.
8.13%, 11/01/2021(2)(5)

    370,925  
     

 

 

 
      Chemicals - 0.5%  
 

Chemours Co.

 

    970,000    

6.63%, 05/15/2023

    1,017,287  
    305,000    

7.00%, 05/15/2025

    327,113  
     

 

 

 
    1,344,400  
     

 

 

 
            Coal - 2.8%  
    1,365,000    

Cloud Peak Energy Resources LLC / Cloud Peak Energy Finance Corp.
12.00%, 11/01/2021

    1,409,363  
    2,515,000    

Foresight Energy LLC / Foresight Energy Finance Corp.
11.50%, 04/01/2023(2)

    2,225,775  
    2,390,000    

Peabody Energy Corp.
6.38%, 03/31/2025(2)

    2,467,675  
    1,535,000    

Warrior Met Coal, Inc.
8.00%, 11/01/2024(2)

    1,584,887  
     

 

 

 
    7,687,700  
     

 

 

 
      Commercial Banks - 5.0%  
 

Banco Bilbao Vizcaya Argentaria S.A.

 

    2,000,000    

5 year USD Swap + 3.870%,
6.13%, 11/16/2027(6)

    1,765,000  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 87.6% - (continued)  
      Commercial Banks - 5.0% - (continued)  
  EUR       800,000    

5 year EUR Swap + 6.155%,
7.00%, 02/19/2019(6)(7)(8)

  $ 955,266  
    400,000    

5 year EUR Swap + 9.177%,
8.88%, 04/14/2021(6)(7)(8)

    523,197  
    1,400,000    

Banco de Sabadell S.A.
5 year EUR Swap + 6.414%,
6.50%, 05/18/2022(6)(7)(8)

    1,632,958  
 

BNP Paribas S.A.

 

  $       260,000    

5 year USD Swap + 2.838%,
5.13%, 11/15/2027(2)(6)(7)

    229,029  
    1,080,000    

5 year USD Swap + 6.314%,
7.63%, 03/30/2021(2)(6)(7)

    1,127,250  
    690,000    

Credit Agricole S.A.
5 year USD Swap + 4.898%,
7.88%, 01/23/2024(2)(6)(7)

    703,800  
    1,180,000    

Credit Suisse Group AG
5 year USD Swap + 3.455%,
6.25%, 12/18/2024(6)(7)(8)

    1,153,577  
    1,580,000    

Freedom Mortgage Corp.
8.13%, 11/15/2024(2)

    1,532,600  
    730,000    

Intesa Sanpaolo S.p.A.
5 year USD Swap + 5.462%,
7.70%, 09/17/2025(2)(6)(7)

    681,820  
   

Royal Bank of Scotland Group plc

 

    1,300,000    

3 mo. USD LIBOR + 2.320%,
4.65%, 09/30/2027(6)(7)

    1,243,125  
    385,000    

5 year USD Swap + 7.598%,
8.63%, 08/15/2021(6)(7)

    409,159  
    640,000    

Societe Generale S.A.
5 year USD Swap + 6.394%,
8.25%, 11/29/2018(6)(7)(8)

    647,200  
    1,200,000    

UniCredit S.p.A.
5 year USD Swap + 5.180%,
8.00%, 06/03/2024(6)(7)(8)

    1,124,702  
     

 

 

 
        13,728,683  
     

 

 

 
            Commercial Services - 4.7%  
    500,000    

ACE Cash Express, Inc.
12.00%, 12/15/2022(2)

    541,250  
   

APX Group, Inc.

 

    1,180,000    

7.63%, 09/01/2023

    1,047,250  
    2,050,000    

7.88%, 12/01/2022

    2,037,187  
   

Avis Budget Car Rental LLC / Avis Budget Finance, Inc.

 
    1,875,000    

5.25%, 03/15/2025(2)

    1,706,250  
    985,000    

5.50%, 04/01/2023

    960,375  
    1,344,000    

Brand Industrial Services, Inc.
8.50%, 07/15/2025(2)

    1,360,800  
    1,450,000    

Garda World Security Corp.
8.75%, 05/15/2025(2)

    1,482,625  
   

Herc Rentals, Inc.

 

    760,000    

7.50%, 06/01/2022(2)

    803,700  
    1,353,000    

7.75%, 06/01/2024(2)

    1,444,328  
    385,000    

Service Corp. International
4.63%, 12/15/2027

    363,671  
   

United Rentals North America, Inc.

 

    440,000    

4.63%, 10/15/2025

    419,100  
    875,000    

5.88%, 09/15/2026

    883,750  
     

 

 

 
        13,050,286  
     

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  86  

 


Hartford High Yield HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 87.6% - (continued)  
            Construction Materials - 0.8%  
  $       675,000    

Cemex Finance LLC
6.00%, 04/01/2024(2)

  $ 683,438  
    1,605,000    

Standard Industries, Inc.
5.38%, 11/15/2024(2)

    1,584,937  
     

 

 

 
        2,268,375  
     

 

 

 
            Diversified Financial Services - 4.1%  
    620,000    

Fly Leasing Ltd.
5.25%, 10/15/2024

    581,250  
    1,370,000    

goeasy Ltd.
7.88%, 11/01/2022(2)

    1,448,775  
   

Navient Corp.

 

    417,000    

5.50%, 01/25/2023

    409,703  
    365,000    

5.63%, 08/01/2033

    308,425  
    1,641,000    

5.88%, 10/25/2024

    1,585,616  
    1,240,000    

6.13%, 03/25/2024

    1,224,500  
    815,000    

6.50%, 06/15/2022

    834,356  
    527,000    

7.25%, 09/25/2023

    552,032  
   

Springleaf Finance Corp.

 

    490,000    

5.25%, 12/15/2019

    496,125  
    410,000    

6.88%, 03/15/2025

    406,925  
    675,000    

7.75%, 10/01/2021

    725,625  
    1,730,000    

8.25%, 12/15/2020

    1,864,075  
    720,000    

Tempo Acquisition LLC / Tempo Acquisition Finance Corp.
6.75%, 06/01/2025(2)

    691,200  
    285,000    

Vantiv LLC / Vanity Issuer Corp.
4.38%, 11/15/2025(2)

    271,953  
     

 

 

 
    11,400,560  
     

 

 

 
      Electric - 0.8%  
    2,220,000    

AES Corp.
5.13%, 09/01/2027

    2,214,450  
     

 

 

 
      Electrical Components & Equipment - 0.5%  
  EUR       1,085,000    

Energizer Gamma Acquisition B.V.
4.63%, 07/15/2026(2)(9)

    1,276,389  
     

 

 

 
      Entertainment - 3.2%  
  $       1,150,000    

Caesars Resort Collection LLC / CRC Finco, Inc.
5.25%, 10/15/2025(2)

    1,088,187  
    1,350,000    

Eldorado Resorts, Inc.
6.00%, 04/01/2025

    1,351,687  
    1,655,000    

Jacobs Entertainment, Inc.
7.88%, 02/01/2024(2)

    1,729,475  
    1,880,000    

Penn National Gaming, Inc.
5.63%, 01/15/2027(2)

    1,771,900  
    1,225,000    

Pinnacle Entertainment, Inc.
5.63%, 05/01/2024

    1,271,734  
 

Scientific Games International, Inc.

 

    195,000    

5.00%, 10/15/2025(2)

    185,738  
    1,150,000    

6.63%, 05/15/2021

    1,164,375  
    325,000    

WMG Acquisition Corp.
5.00%, 08/01/2023(2)

    323,375  
     

 

 

 
    8,886,471  
     

 

 

 
      Environmental Control - 0.8%  
    2,107,000    

Tervita Escrow Corp.
7.63%, 12/01/2021(2)

    2,149,140  
     

 

 

 
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 87.6% - (continued)  
      Food - 2.1%  
 

Post Holdings, Inc.

 

  $       2,510,000    

5.00%, 08/15/2026(2)

  $ 2,340,575  
    1,151,000    

5.63%, 01/15/2028(2)

    1,079,063  
    660,000    

5.75%, 03/01/2027(2)

    640,200  
    1,665,000    

TreeHouse Foods, Inc.
4.88%, 03/15/2022

    1,668,646  
     

 

 

 
    5,728,484  
     

 

 

 
      Healthcare - Products - 1.1%  
    2,895,000    

Sotera Health Holdings LLC
6.50%, 05/15/2023(2)

    2,952,900  
     

 

 

 
      Healthcare - Services - 3.4%  
 

Envision Healthcare Corp.

 

    370,000    

5.13%, 07/01/2022(2)

    373,238  
    940,000    

5.63%, 07/15/2022

    952,338  
    1,835,000    

HCA Healthcare, Inc.
6.25%, 02/15/2021

    1,903,812  
 

HCA, Inc.

 

    1,340,000    

5.25%, 06/15/2026

    1,330,888  
    1,085,000    

5.38%, 02/01/2025

    1,068,399  
    1,599,000    

7.50%, 11/15/2095

    1,539,037  
    2,340,000    

West Street Merger Sub, Inc.
6.38%, 09/01/2025(2)

    2,234,700  
     

 

 

 
    9,402,412  
     

 

 

 
      Home Builders - 2.7%  
    1,690,000    

AV Homes, Inc.
6.63%, 05/15/2022

    1,744,925  
 

Beazer Homes USA, Inc.

 

    370,000    

5.88%, 10/15/2027

    322,277  
    525,000    

6.75%, 03/15/2025

    501,375  
    1,120,000    

8.75%, 03/15/2022

    1,190,000  
    1,310,000    

KB Home
8.00%, 03/15/2020

    1,395,150  
 

M/I Homes, Inc.

 

    150,000    

5.63%, 08/01/2025

    140,250  
    2,115,000    

6.75%, 01/15/2021

    2,180,650  
     

 

 

 
    7,474,627  
     

 

 

 
      Household Products - 0.5%  
    2,400,000    

Revlon Consumer Products Corp.
6.25%, 08/01/2024

    1,344,000  
     

 

 

 
      Household Products/Wares - 0.5%  
  EUR       1,320,000    

Diamond (BC) B.V.
5.63%, 08/15/2025(2)

    1,381,489  
     

 

 

 
      Insurance - 1.2%  
 

Genworth Holdings, Inc.

 

  $       110,000    

4.80%, 02/15/2024

    95,425  
    770,000    

4.90%, 08/15/2023

    673,750  
    440,000    

7.20%, 02/15/2021

    447,700  
    245,000    

7.63%, 09/24/2021

    250,174  
    35,000    

7.70%, 06/15/2020

    36,050  
    1,910,000    

USIS Merger Sub, Inc.
6.88%, 05/01/2025(2)

    1,900,450  
     

 

 

 
    3,403,549  
     

 

 

 
      Internet - 1.2%  
    1,035,000    

Netflix, Inc.
5.88%, 02/15/2025

    1,061,693  
    2,145,000    

Zayo Group LLC / Zayo Capital, Inc.
6.00%, 04/01/2023

    2,182,537  
     

 

 

 
    3,244,230  
     

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  87  

 


Hartford High Yield HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 87.6% - (continued)  
      Iron/Steel - 1.1%  
 

AK Steel Corp.

 

  $       760,000    

7.00%, 03/15/2027

  $ 722,000  
    1,015,000    

7.63%, 10/01/2021

    1,034,995  
 

Steel Dynamics, Inc.

 

    230,000    

4.13%, 09/15/2025

    220,513  
    1,130,000    

5.50%, 10/01/2024

    1,151,187  
     

 

 

 
    3,128,695  
     

 

 

 
      IT Services - 0.6%  
    1,480,000    

Conduent Finance, Inc. / Conduent Business Services LLC
10.50%, 12/15/2024(2)

    1,770,450  
     

 

 

 
      Lodging - 2.9%  
 

Boyd Gaming Corp.

 

    790,000    

6.00%, 08/15/2026(2)

    782,100  
    920,000    

6.38%, 04/01/2026

    931,500  
    1,935,000    

FelCor Lodging L.P.
6.00%, 06/01/2025

    1,983,375  
    1,630,000    

Jack Ohio Finance LLC / Jack Ohio Finance Corp.
6.75%, 11/15/2021(2)

    1,678,900  
    1,170,000    

Station Casinos LLC
5.00%, 10/01/2025(2)

    1,099,800  
    1,585,000    

Sugarhouse HSP Gaming Prop Mezz L.P. / Sugarhouse HSP Gaming Finance Corp.
5.88%, 05/15/2025(2)

    1,489,900  
     

 

 

 
    7,965,575  
     

 

 

 
      Machinery - Construction & Mining - 0.6%  
    1,555,000    

BlueLine Rental Finance Corp. / BlueLine Rental LLC
9.25%, 03/15/2024(2)

    1,654,365  
     

 

 

 
      Machinery - Diversified - 0.8%  
    1,935,000    

Cloud Crane LLC
10.13%, 08/01/2024(2)

    2,080,125  
     

 

 

 
      Media - 8.2%  
    2,370,000    

Altice France S.A.
7.38%, 05/01/2026(2)

    2,317,149  
    940,000    

Altice Luxembourg S.A.
7.75%, 05/15/2022(2)

    909,450  
 

CCO Holdings LLC / CCO Holdings Capital Corp.

 

    120,000    

5.13%, 02/15/2023

    118,763  
    245,000    

5.13%, 05/01/2023(2)

    241,864  
    95,000    

5.25%, 09/30/2022

    95,297  
    545,000    

5.75%, 09/01/2023

    549,088  
    105,000    

5.75%, 01/15/2024

    105,263  
    3,000,000    

5.75%, 02/15/2026(2)

    2,947,500  
    1,775,000    

Cequel Communications Holdings I LLC / Cequel Capital Corp.
5.13%, 12/15/2021(2)

    1,764,020  
    1,195,000    

CSC Holdings LLC
5.25%, 06/01/2024

    1,129,275  
 

DISH DBS Corp.

 

    830,000    

5.00%, 03/15/2023

    720,025  
    595,000    

5.88%, 07/15/2022

    559,300  
    945,000    

6.75%, 06/01/2021

    946,181  
    556,000    

7.88%, 09/01/2019

    576,850  
 

Gray Television, Inc.

 

    1,255,000    

5.13%, 10/15/2024(2)

    1,201,286  
    380,000    

5.88%, 07/15/2026(2)

    361,475  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 87.6% - (continued)  
      Media - 8.2% - (continued)  
  $       1,175,000    

Liberty Interactive LLC
8.25%, 02/01/2030

  $ 1,246,264  
 

Sinclair Television Group, Inc.

 

    520,000    

5.13%, 02/15/2027(2)

    478,400  
    1,055,000    

5.88%, 03/15/2026(2)

    1,025,987  
 

TEGNA, Inc.

 

    1,515,000    

4.88%, 09/15/2021(2)

    1,511,212  
    1,528,000    

5.13%, 10/15/2019

    1,528,000  
    1,565,000    

Tribune Media Co.
5.88%, 07/15/2022

    1,579,476  
    817,000    

WMG Acquisition Corp.
5.50%, 04/15/2026(2)

    809,851  
     

 

 

 
    22,721,976  
     

 

 

 
      Metal Fabricate/Hardware - 0.7%  
 

Novelis Corp.

 

    605,000    

5.88%, 09/30/2026(2)

    579,287  
    1,115,000    

6.25%, 08/15/2024(2)

    1,115,000  
    340,000    

TriMas Corp.
4.88%, 10/15/2025(2)

    323,000  
     

 

 

 
    2,017,287  
     

 

 

 
      Mining - 1.7%  
    545,000    

Alcoa Nederland Holding B.V.
6.13%, 05/15/2028(2)

    548,406  
    520,000    

Constellium N.V.
5.88%, 02/15/2026(2)

    501,800  
 

First Quantum Minerals Ltd.

 

    760,000    

7.00%, 02/15/2021(2)

    767,600  
    615,000    

7.50%, 04/01/2025(2)

    606,944  
    1,290,000    

Kaiser Aluminum Corp.
5.88%, 05/15/2024

    1,315,800  
 

New Gold, Inc.

 

    105,000    

6.25%, 11/15/2022(2)

    106,050  
    870,000    

6.38%, 05/15/2025(2)

    856,950  
     

 

 

 
    4,703,550  
     

 

 

 
      Miscellaneous Manufacturing - 0.6%  
    1,785,000    

Bombardier, Inc.
6.13%, 01/15/2023(2)

    1,789,462  
     

 

 

 
      Office/Business Equipment - 0.5%  
    885,000    

CDW LLC / CDW Finance Corp.
5.00%, 09/01/2023

    885,797  
 

Pitney Bowes, Inc.

 

    280,000    

4.63%, 03/15/2024

    247,772  
    270,000    

4.70%, 04/01/2023

    243,000  
     

 

 

 
    1,376,569  
     

 

 

 
      Oil & Gas - 7.8%  
    2,260,000    

Blue Racer Midstream LLC / Blue Racer Finance Corp.
6.13%, 11/15/2022(2)

    2,282,600  
    2,120,000    

California Resources Corp.
8.00%, 12/15/2022(2)

    1,923,900  
 

Continental Resources, Inc.

 

    475,000    

3.80%, 06/01/2024

    463,382  
    265,000    

4.50%, 04/15/2023

    268,917  
    1,005,000    

5.00%, 09/15/2022

    1,018,279  
    1,430,000    

Energen Corp.
4.63%, 09/01/2021

    1,422,850  
    670,000    

Ensco plc
5.75%, 10/01/2044

    474,862  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  88  

 


Hartford High Yield HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 87.6% - (continued)  
      Oil & Gas - 7.8% - (continued)  
  $       775,000    

Jagged Peak Energy LLC
5.88%, 05/01/2026(2)

  $ 759,500  
 

MEG Energy Corp.

 

    220,000    

6.38%, 01/30/2023(2)

    204,600  
    1,090,000    

6.50%, 01/15/2025(2)

    1,087,275  
    910,000    

7.00%, 03/31/2024(2)

    848,575  
 

QEP Resources, Inc.

 

    1,895,000    

5.25%, 05/01/2023

    1,852,362  
    205,000    

5.38%, 10/01/2022

    208,588  
    150,000    

5.63%, 03/01/2026

    143,625  
    245,000    

6.80%, 03/01/2020

    256,025  
    870,000    

Rowan Cos., Inc.
5.85%, 01/15/2044

    643,800  
 

SM Energy Co.

 

    1,680,000    

5.00%, 01/15/2024

    1,589,700  
    240,000    

6.13%, 11/15/2022

    246,000  
    115,000    

6.50%, 11/15/2021

    117,645  
 

Transocean, Inc.

 

    365,000    

6.80%, 03/15/2038

    296,563  
    110,000    

7.50%, 04/15/2031

    102,025  
    435,000    

9.35%, 12/15/2041

    432,825  
    1,230,000    

Tullow Oil plc
6.25%, 04/15/2022(2)

    1,193,100  
    1,875,000    

Vine Oil & Gas L.P. / Vine Oil & Gas Finance Corp.
8.75%, 04/15/2023(2)

    1,734,375  
 

WPX Energy, Inc.

 

    1,170,000    

5.25%, 09/15/2024

    1,150,987  
    270,000    

5.75%, 06/01/2026

    269,241  
    384,000    

6.00%, 01/15/2022

    399,360  
    295,000    

8.25%, 08/01/2023

    334,088  
     

 

 

 
    21,725,049  
     

 

 

 
      Oil & Gas Services - 0.3%  
 

Weatherford International Ltd.

 

    250,000    

5.95%, 04/15/2042

    186,875  
    660,000    

6.50%, 08/01/2036

    516,450  
    250,000    

7.00%, 03/15/2038

    199,375  
     

 

 

 
    902,700  
     

 

 

 
      Packaging & Containers - 5.6%  
    1,700,000    

ARD Finance S.A. (cash)
7.13%, 09/15/2023(5)

    1,704,250  
    530,000    

ARD Securities Finance S.a.r.l.
8.75%, 01/31/2023(2)(5)

    539,275  
 

Ardagh Packaging Finance plc / Ardagh Holdings USA, Inc.

 
    2,065,000    

6.00%, 06/30/2021(2)

    2,088,231  
    340,000    

6.00%, 02/15/2025(2)

    331,075  
    305,000    

7.25%, 05/15/2024(2)

    317,200  
    2,060,000    

Berry Global, Inc.
6.00%, 10/15/2022

    2,120,255  
    1,015,000    

Crown Americas LLC / Crown Americas Capital Corp.
4.75%, 02/01/2026(2)

    964,250  
 

Flex Acquisition Co., Inc.

 

    1,875,000    

6.88%, 01/15/2025(2)

    1,804,687  
    575,000    

7.88%, 07/15/2026(2)

    572,758  
    1,410,000    

Multi-Color Corp.
4.88%, 11/01/2025(2)

    1,313,062  
    535,000    

OI European Group B.V.
4.00%, 03/15/2023(2)

    498,888  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 87.6% - (continued)  
      Packaging & Containers - 5.6% - (continued)  
  $       445,000    

Plastipak Holdings, Inc.
6.25%, 10/15/2025(2)

  $ 409,400  
 

Reynolds Group Issuer, Inc. / Reynolds Group Issuer LLC / Reynolds Group Issuer Lu

 
    2,070,000    

5.13%, 07/15/2023(2)

    2,044,125  
    805,000    

7.00%, 07/15/2024(2)

    822,106  
     

 

 

 
    15,529,562  
     

 

 

 
      Pharmaceuticals - 4.4%  
    280,000    

Catalent Pharma Solutions, Inc.
4.88%, 01/15/2026(2)

    268,881  
 

Endo Finance LLC

 

    736,000    

6.00%, 07/15/2023(2)

    605,360  
    3,075,000    

6.00%, 02/01/2025(2)

    2,398,500  
    910,000    

Teva Pharmaceutical Finance IV LLC
2.25%, 03/18/2020

    877,179  
    620,000    

Teva Pharmaceutical Finance Netherlands III B.V.
3.15%, 10/01/2026

    498,309  
 

Valeant Pharmaceuticals International, Inc.

 
    1,320,000    

5.50%, 03/01/2023(2)

    1,227,600  
    5,110,000    

5.88%, 05/15/2023(2)

    4,800,206  
    1,230,000    

6.13%, 04/15/2025(2)

    1,133,138  
    240,000    

7.00%, 03/15/2024(2)

    251,628  
     

 

 

 
    12,060,801  
     

 

 

 
      Pipelines - 0.8%  
 

Energy Transfer Equity L.P.

 

    230,000    

4.25%, 03/15/2023

    221,953  
    1,773,000    

7.50%, 10/15/2020

    1,890,461  
     

 

 

 
    2,112,414  
     

 

 

 
      Retail - 3.4%  
    3,670,000    

1011778 BC ULC / New Red Finance, Inc.
5.00%, 10/15/2025(2)

    3,472,554  
    895,000    

Beacon Roofing Supply, Inc.
4.88%, 11/01/2025(2)

    822,863  
    419,000    

CEC Entertainment, Inc.
8.00%, 02/15/2022

    368,720  
    820,000    

Party City Holdings, Inc.
6.13%, 08/15/2023(2)

    824,100  
    255,000    

PetSmart, Inc.
5.88%, 06/01/2025(2)

    196,376  
    1,200,000    

Staples, Inc.
8.50%, 09/15/2025(2)

    1,119,000  
    2,890,000    

United Rentals North America, Inc.
4.88%, 01/15/2028

    2,675,995  
     

 

 

 
    9,479,608  
     

 

 

 
      Semiconductors - 1.6%  
    480,000    

Entegris, Inc.
4.63%, 02/10/2026(2)

    457,200  
    1,865,000    

Micron Technology, Inc.
5.50%, 02/01/2025

    1,941,931  
 

Sensata Technologies B.V.

 

    1,221,000    

5.00%, 10/01/2025(2)

    1,230,158  
    900,000    

5.63%, 11/01/2024(2)

    933,750  
     

 

 

 
    4,563,039  
     

 

 

 
      Software - 3.5%  
    751,000    

Camelot Finance S.A.
7.88%, 10/15/2024(2)

    752,878  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  89  

 


Hartford High Yield HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 87.6% - (continued)  
      Software - 3.5% - (continued)  
  $       980,000    

Change Healthcare Holdings LLC / Change Healthcare Finance, Inc.
5.75%, 03/01/2025(2)

  $ 927,178  
 

First Data Corp.

 

    1,425,000    

5.38%, 08/15/2023(2)

    1,438,181  
    1,361,000    

5.75%, 01/15/2024(2)

    1,361,027  
    1,580,000    

7.00%, 12/01/2023(2)

    1,645,697  
    684,000    

Infor Software Parent LLC (cash)
7.13%, 05/01/2021(2)(5)

    685,710  
    2,075,000    

Infor U.S., Inc.
6.50%, 05/15/2022

    2,077,594  
    630,000    

Workday, Inc.
0.25%, 10/01/2022(2)

    661,361  
     

 

 

 
    9,549,626  
     

 

 

 
      Telecommunications - 5.3%  
 

Altice Financing S.A.

 

    380,000    

6.63%, 02/15/2023(2)

    374,490  
    2,270,000    

7.50%, 05/15/2026(2)

    2,195,544  
 

CenturyLink, Inc.

 

    2,144,000    

5.63%, 04/01/2025

    2,026,080  
    466,000    

7.50%, 04/01/2024

    478,815  
    690,000    

Frontier Communications Corp.
8.50%, 04/01/2026(2)

    665,850  
    800,000    

Sprint Capital Corp.
6.88%, 11/15/2028

    766,000  
 

Sprint Corp.

 

    416,000    

7.13%, 06/15/2024

    419,990  
    2,495,000    

7.25%, 09/15/2021

    2,594,800  
    795,000    

7.63%, 02/15/2025

    810,908  
    3,479,000    

7.88%, 09/15/2023

    3,607,288  
    725,000    

Telecom Italia S.p.A.
5.30%, 05/30/2024(2)

    715,031  
     

 

 

 
    14,654,796  
     

 

 

 
      Textiles - 0.5%  
    1,395,000    

Eagle Intermediate Global Holding B.V./Ruyi US Finance LLC
7.50%, 05/01/2025(2)

    1,393,256  
     

 

 

 
 

Total Corporate Bonds
(cost $244,584,122)

  $ 242,569,905  
     

 

 

 
     
SENIOR FLOATING RATE INTERESTS - 5.4%(10)  
      Commercial Services - 0.9%  
  $       1,785,000    

Asurion LLC
1 mo. USD LIBOR + 3.000%, 0.00%, 11/03/2023(9)(11)

  $ 1,778,306  
    770,000    

Blackhawk Network Holdings, Inc.
1 mo. USD LIBOR + 3.000%, 5.07%, 06/15/2025

    767,113  
     

 

 

 
    2,545,419  
     

 

 

 
      Diversified Financial Services - 0.4%  
    862,838    

Crown Finance U.S., Inc.
1 mo. USD LIBOR + 2.500%, 4.59%, 02/28/2025

    855,754  
    254,739    

SS&C Technologies Holdings Europe S.a.r.l.
1 mo. USD LIBOR + 2.500%, 4.59%, 04/16/2025

    254,596  
     

 

 

 
    1,110,350  
     

 

 

 
Shares or Principal Amount   Market Value  
SENIOR FLOATING RATE INTERESTS - 5.4%(10) - (continued)  
      Food - 0.1%  
  $       250,000    

CHG PPC Parent LLC
1 mo. USD LIBOR + 2.750%, 4.84%, 03/31/2025

  $ 248,750  
     

 

 

 
      Healthcare - Services - 0.4%  
    1,089,594    

Syneos Health, Inc.
1 mo. USD LIBOR + 2.000%, 4.09%, 08/01/2024

    1,083,296  
     

 

 

 
      Household Products - 0.2%  
    477,600    

Diamond (BC) B.V.
2 mo. USD LIBOR + 3.000%, 5.10%, 09/06/2024

    468,048  
     

 

 

 
      Insurance - 0.4%  
    180,000    

Genworth Financial, Inc.
1 mo. USD LIBOR + 4.500%, 6.55%, 02/22/2023

    183,150  
    790,000    

Hub International Ltd.
2 mo. USD LIBOR + 3.000%, 5.36%, 04/25/2025

    784,770  
     

 

 

 
    967,920  
     

 

 

 
      Internet - 0.4%  
    1,253,455    

Lands’ End, Inc.
1 mo. USD LIBOR + 3.250%, 5.34%, 04/04/2021

    1,209,584  
     

 

 

 
      IT Services - 0.2%  
    650,000    

Trans Union LLC
1 mo. USD LIBOR + 2.000%, 0.00%, 06/08/2025(9)(11)

    647,562  
     

 

 

 
      Leisure Time - 0.7%  
    1,960,150    

Golden Entertainment, Inc.
1 mo. USD LIBOR + 3.000%, 5.10%, 10/20/2024

    1,954,034  
     

 

 

 
      Machinery-Diversified - 0.2%  
    624,044    

Gardner Denver, Inc.
3 mo. USD LIBOR + 2.750%, 4.84%, 07/30/2024

    623,813  
     

 

 

 
      Media - 1.0%  
    1,426,425    

PSAV Holdings LLC
3 mo. USD LIBOR + 3.250%, 5.23%, 03/01/2025

    1,409,779  
    1,360,000    

Shutterfly, Inc.
1 mo. USD LIBOR + 2.750%, 4.85%, 08/17/2024

    1,360,571  
     

 

 

 
    2,770,350  
     

 

 

 
      Semiconductors - 0.2%  
    635,000    

Microchip Technology, Inc.
1 mo. USD LIBOR + 2.000%, 4.10%, 05/29/2025

    633,679  
     

 

 

 
      Software - 0.3%  
    673,354    

SS&C Technologies, Inc.
1 mo. USD LIBOR + 2.500%, 4.59%, 04/16/2025

    672,977  
     

 

 

 
 

Total Senior Floating Rate Interests
(cost $15,013,853)

  $ 14,935,782  
     

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  90  

 


Hartford High Yield HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CONVERTIBLE BONDS - 1.6%  
      Commercial Services - 0.2%  
  $       690,000    

Cardtronics, Inc.
1.00%, 12/01/2020

  $ 639,657  
     

 

 

 
      Media - 0.3%  
    750,000    

DISH Network Corp.
3.38%, 08/15/2026

    726,447  
     

 

 

 
      Oil & Gas - 0.0%  
    1,790,000    

Cobalt International Energy, Inc.
2.63%, 12/01/2019*(12)

    2,327  
     

 

 

 
      Semiconductors - 0.5%  
 

Microchip Technology, Inc.

 

    565,000    

1.63%, 02/15/2027

    656,958  
    589,000    

2.25%, 02/15/2037

    700,862  
     

 

 

 
    1,357,820  
     

 

 

 
      Software - 0.6%  
    1,052,000    

Western Digital Corp.
1.50%, 02/01/2024(2)

    1,063,594  
    496,000    

Servicenow, Inc.
0.00%, 06/01/2022(13)

    671,899  
     

 

 

 
        1,735,493  
     

 

 

 
   

Total Convertible Bonds
(cost $6,199,882)

  $ 4,461,744  
     

 

 

 
     
PREFERRED STOCKS - 0.2%  
            Diversified Financials - 0.2%  
    16,525    

GMAC Capital Trust Series 2
3 mo. USD LIBOR + 5.785%,
8.13%(6)

  $ 434,608  
     

 

 

 
   

Total Preferred Stocks
(cost $433,019)

  $ 434,608  
     

 

 

 
     
ESCROWS - 0.0%  
            Electric - 0.0%  
    415,000    

Texas Competitive Electric Holdings Co. LLC
11.50%, 10/01/2020(1)(3)(4)

  $  
     

 

 

 
            Energy - Alternate Sources - 0.0%  
    4,525,000    

TCEH Corp.*(1)(3)(4)

    5  
    82,554    

Vistra Energy Corp.*

    45,817  
     

 

 

 
        45,822  
     

 

 

 
   

Total Escrows
(cost $—)

  $ 45,822  
     

 

 

 
   

Total Long-Term Investments
(cost $273,807,909)

  $ 265,743,616  
     

 

 

 
     
Shares or Principal Amount   Market Value  
SHORT-TERM INVESTMENTS - 3.1%  
            Other Investment Pools & Funds - 3.1%  
    8,581,723    

Fidelity Institutional Government Fund, Institutional Class,
1.80%(14)

  $ 8,581,723  
     

 

 

 
   

Total Short-Term Investments
(cost $8,581,723)

     $ 8,581,723  
        

 

 

 
   

Total Investments
(cost $282,389,632)

    99.1    $ 274,325,339  
   

Other Assets and Liabilities

    0.9      2,597,520  
     

 

 

    

 

 

 
   

Total Net Assets

    100.0    $ 276,922,859  
     

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  91  

 


Hartford High Yield HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

 

     The Fund may refer to any one or more of the industry classifications used by one or more widely recognized market indices, ratings group and/or as defined by Fund management. Industry classifications may not be identical across all security types.

 

     Equity Industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s.

 

     For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

* Non-income producing.

 

(1)  Investment valued using significant unobservable inputs.

 

(2)  Securities issued within terms of a private placement memorandum and exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold to qualified institutional buyers. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2018, the aggregate value of these securities was $133,697,789, which represented 48.3% of total net assets.

 

(3)  These securities are valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2018, the aggregate fair value of these securities was $1,204,652, which represented 0.4% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

 

(4)  This security has been identified as illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time. The identification of illiquid securities is unaudited. At June 30, 2018, the aggregate value of these securities was $1,204,652, which represented 0.4% of total net assets.

 

(5)  Security has the ability to pay in kind (“PIK”) or pay income in cash. When applicable, separate rates of such payments are disclosed.

 

(6)  Variable or floating rate security, which interest rate adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. Rate shown is the rate in effect as of period end.

 

(7)  Perpetual maturity security. Maturity date shown is the next call date or final legal maturity date, whichever comes first.

 

(8)  These securities were sold to the Fund under Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, as amended. The Fund may only be able to resell these securities in the United States if an exemption from registration under the federal and state securities laws is available, or the Fund may only be able to sell these securities outside of the United States (such as on a foreign exchange) to a non-U.S. person. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2018, the aggregate value of these securities was $6,036,900, which represented 2.2% of total net assets.

 

(9)  This security, or a portion of this security, was purchased on a when-issued, delayed-delivery or delayed-draw basis. The cost of these securities was $3,687,520 at June 30, 2018.

 

(10)  Senior floating rate interests generally pay interest rates which are periodically adjusted by reference to a base short-term, floating lending rate plus a premium. The base lending rates are primarily the LIBOR, and secondarily the prime rate offered by one or more major United States banks (the “Prime Rate”) and the certificate of deposit rate or other base lending rates used by commercial lenders. Senior floating rate interests often require prepayments from excess cash flows or permit the borrower to repay at its election. The rate at which the borrower repays cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. Unless otherwise noted, the interest rate disclosed for these securities represents the rate in effect as of June 30, 2018.

 

(11)  Represents an unsettled loan commitment. The coupon rate will be determined at time of settlement.

 

(12)  Non-income producing. For long-term debt securities, items identified are in default as to payment of interest and/or principal.

 

(13)  Security is a zero-coupon bond.

 

(14)  Current yield as of period end.

 

Foreign Currency Contracts Outstanding at June 30, 2018  
Amount and Description
of Currency to be
Purchased
   Amount and Description
of Currency to be
Sold
   Counterparty      Settlement
Date
     Appreciation      Depreciation  
  251,000    

EUR

     293,592    

USD

     CBK        07/31/18      $ 183      $  
  1,269,771    

USD

     1,088,000    

EUR

     BNP        07/31/18               (3,646
  4,827,005    

USD

     4,139,000    

EUR

     UBS        07/31/18               (17,363
               

 

 

    

 

 

 
  Total                   $     183      $     (21,009
               

 

 

    

 

 

 

 

See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

The accompanying notes are an integral part of these financial statements.

 

 

  92  

 


Hartford High Yield HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Counterparty Abbreviations:

BNP

   BNP Paribas Securities Services

CBK

   Citibank NA

UBS

   UBS AG
Currency Abbreviations:

EUR

   Euro

USD

   United States Dollar
Other Abbreviations:

LIBOR

   London Interbank Offered Rate

MTN

   Medium Term Note

 

The accompanying notes are an integral part of these financial statements.

 

 

  93  

 


Hartford High Yield HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total     Level 1(1)      Level 2(1)     Level 3(1)  

Assets

 

Common Stocks

 

Consumer Services

   $ 629,160     $ 629,160      $     $  

Energy

     2,073,315       868,668              1,204,647  

Materials

     593,280       593,280               

Asset & Commercial Mortgage Backed Securities

                         

Corporate Bonds

     242,569,905              242,569,905        

Senior Floating Rate Interests

     14,935,782              14,935,782        

Convertible Bonds

     4,461,744              4,461,744        

Preferred Stocks

     434,608       434,608               

Escrows

     45,822              45,817       5  

Short-Term Investments

     8,581,723       8,581,723               

Foreign Currency Contracts(2)

     183              183        
  

 

 

   

 

 

    

 

 

   

 

 

 

Total

   $     274,325,522     $     11,107,439      $     262,013,431     $     1,204,652  
  

 

 

   

 

 

    

 

 

   

 

 

 

Liabilities

 

Foreign Currency Contracts(2)

   $ (21,009   $      $ (21,009   $  
  

 

 

   

 

 

    

 

 

   

 

 

 

Total

   $ (21,009   $      $ (21,009   $  
  

 

 

   

 

 

    

 

 

   

 

 

 

 

(1)  For the six-month period ended June 30, 2018, there were no transfers between any levels.

 

(2)  Derivative instruments (excluding purchased and written options, if applicable) are valued at the unrealized appreciation/(depreciation) on the investments.

Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the six-month period ended June 30, 2018 is not presented.

 

The accompanying notes are an integral part of these financial statements.

 

 

  94  

 


Hartford International Opportunities HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 97.7%  
      Australia - 1.0%  
  1,092,189    

Treasury Wine Estates Ltd.

  $ 14,032,476  
   

 

 

 
      Austria - 1.0%  
  189,113    

Ams AG

    14,024,641  
   

 

 

 
      Brazil - 0.6%  
  386,094    

Itau Unibanco Holding S.A. ADR

    4,007,656  
  519,951    

Petroleo Brasileiro S.A. ADR*

    5,215,108  
   

 

 

 
      9,222,764  
   

 

 

 
      Canada - 7.9%  
  413,151    

Canadian National Railway Co.

    33,793,122  
  897,846    

Canadian Natural Resources Ltd.

    32,406,186  
  734,165    

Encana Corp.

    9,588,570  
  309,598    

Magna International, Inc.

    18,006,209  
  497,175    

TransCanada Corp.

    21,510,907  
   

 

 

 
      115,304,994  
   

 

 

 
      China - 14.7%  
  339,000    

AAC Technologies Holdings, Inc.

    4,760,659  
  218,179    

Alibaba Group Holding Ltd. ADR*

    40,478,750  
  20,748,443    

China Construction Bank Corp. Class H

    18,985,672  
  5,311,000    

China Longyuan Power Group Corp. Ltd. Class H

    4,266,383  
  1,517,500    

China Merchants Bank Co., Ltd. Class H

    5,581,986  
  106,733    

Ctrip.com International Ltd. ADR*

    5,083,693  
  1,435,676    

ENN Energy Holdings Ltd.

    14,060,145  
  178,918    

JD.com, Inc. ADR*

    6,968,856  
  2,758,000    

Kingdee International Software Group Co., Ltd.*

    2,809,101  
  29,404    

NetEase, Inc. ADR

    7,429,509  
  252,804    

New Oriental Education & Technology Group, Inc. ADR

    23,930,427  
  2,071,500    

Ping An Insurance Group Co. of China Ltd. Class H

    18,970,122  
  674,100    

Sunny Optical Technology Group Co., Ltd.

    12,502,772  
  803,252    

Tencent Holdings Ltd.

    40,335,598  
  82,070    

Weibo Corp. ADR*

    7,284,533  
   

 

 

 
      213,448,206  
   

 

 

 
      Denmark - 0.2%  
  37,119    

DSV A/S

    2,988,143  
   

 

 

 
      France - 11.5%  
  187,358    

Airbus SE

    21,863,703  
  60,672    

Capgemini SE

    8,130,642  
  116,447    

Cie Generale des Etablissements Michelin SCA

    14,087,530  
  131,234    

Essilor International Cie Generale d’Optique S.A.

    18,503,487  
  2,215,137    

Natixis S.A.

    15,673,315  
  454,846    

Peugeot S.A.

    10,363,788  
  240,137    

Safran S.A.

    29,081,754  
  494,302    

TOTAL S.A.(1)

    30,016,852  
  28,786    

Unibail-Rodamco-Westfield

    6,338,352  
  255,925    

Valeo S.A.

    13,953,946  
   

 

 

 
      168,013,369  
   

 

 

 
      Germany - 3.6%  
  83,160    

Continental AG

    18,925,364  
  121,797    

Siemens AG

    16,047,463  
  376,509    

Vonovia SE

    17,895,234  
   

 

 

 
      52,868,061  
   

 

 

 
      Hong Kong - 1.5%  
  3,212,000    

China Unicom Hong Kong Ltd.

    4,003,709  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 97.7% - (continued)  
      Hong Kong - 1.5% - (continued)  
  1,282,600    

Henderson Land Development Co., Ltd.

  $ 6,763,504  
  163,134    

Hong Kong Exchanges & Clearing Ltd.

    4,882,198  
  201,108    

Melco Resorts & Entertainment Ltd. ADR

    5,631,024  
   

 

 

 
      21,280,435  
   

 

 

 
      India - 2.2%  
  345,987    

HDFC Bank Ltd.

    10,806,571  
  2,346,959    

ICICI Bank Ltd.

    9,439,784  
  1,524,871    

Power Grid Corp. of India Ltd.

    4,160,421  
  1,967,229    

State Bank of India*

    7,457,905  
   

 

 

 
      31,864,681  
   

 

 

 
      Italy - 2.9%  
  161,564    

Banca Generali S.p.A.

    4,010,091  
  132,600    

Ferrari N.V.

    17,923,429  
  475,829    

FinecoBank Banca Fineco S.p.A.

    5,356,433  
  1,778,268    

Pirelli & C. S.p.A.*(2)

    14,808,051  
   

 

 

 
      42,098,004  
   

 

 

 
      Japan - 15.4%  
  110,500    

Daikin Industries Ltd.

    13,206,193  
  235,515    

Daiwa House Industry Co., Ltd.

    8,012,650  
  25,230    

FANUC Corp.

    5,000,883  
  260,170    

ITOCHU Corp.

    4,705,391  
  9,900    

Keyence Corp.

    5,583,740  
  16,800    

Kobe Steel Ltd.*

    153,527  
  605,800    

Komatsu Ltd.

    17,246,256  
  1,012,200    

Mitsubishi UFJ Financial Group, Inc.

    5,733,991  
  493,900    

Nexon Co., Ltd.*

    7,166,170  
  45,700    

Nidec Corp.

    6,836,243  
  498,674    

Ono Pharmaceutical Co., Ltd.

    11,674,363  
  137,300    

Recruit Holdings Co., Ltd.

    3,792,040  
  212,900    

Seven & i Holdings Co., Ltd.

    9,285,775  
  277,742    

SoftBank Group Corp.

    19,833,027  
  488,341    

Sony Corp.

    25,010,065  
  448,287    

Sony Financial Holdings, Inc.

    8,541,256  
  759,030    

Sumitomo Mitsui Financial Group, Inc.

    29,606,713  
  107,100    

Sysmex Corp.

    9,978,999  
  127,900    

Terumo Corp.

    7,322,007  
  433,883    

Tokio Marine Holdings, Inc.

    20,298,456  
  155,300    

Yamato Holdings Co., Ltd.

    4,570,888  
   

 

 

 
      223,558,633  
   

 

 

 
      Luxembourg - 0.6%  
  55,345    

Spotify Technology S.A.*

    9,311,243  
   

 

 

 
      Netherlands - 4.3%  
  401,176    

AerCap Holdings N.V.*

    21,723,680  
  746,700    

DP Eurasia N.V.*(2)

    1,560,965  
  964,464    

ING Groep N.V.

    13,844,412  
  590,469    

Koninklijke Philips N.V.

    25,016,958  
   

 

 

 
      62,146,015  
   

 

 

 
      Norway - 0.3%  
  636,155    

Norsk Hydro ASA

    3,797,365  
   

 

 

 
      Russia - 0.8%  
  179,725    

Mail.Ru Group Ltd. GDR*

    5,191,062  
  195,678    

Yandex N.V. Class A*

    7,024,840  
   

 

 

 
      12,215,902  
   

 

 

 
      South Korea - 2.0%  
  3,231    

Hugel, Inc.*

    1,397,283  
  648,558    

Samsung Electronics Co., Ltd.

    27,167,813  
   

 

 

 
      28,565,096  
   

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  95  

 


Hartford International Opportunities HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 97.7% - (continued)  
      Spain - 3.4%  
  3,443,874    

Iberdrola S.A.

  $ 26,558,298  
  696,085    

Industria de Diseno Textil S.A.

    23,704,545  
   

 

 

 
      50,262,843  
   

 

 

 
      Sweden - 0.2%  
  101,712    

Lundin Petroleum AB*

    3,228,345  
   

 

 

 
      Switzerland - 7.8%  
  134,678    

Julius Baer Group Ltd.*

    7,888,283  
  578,155    

Nestle S.A.

    44,807,477  
  343,739    

Novartis AG

    26,038,548  
  84,254    

Swiss Re AG

    7,356,120  
  1,797,799    

UBS Group AG*

    27,560,894  
   

 

 

 
      113,651,322  
   

 

 

 
      Taiwan - 2.5%      
  2,531,617    

Hon Hai Precision Industry Co., Ltd.

    6,898,825  
  4,209,995    

Taiwan Semiconductor Manufacturing Co., Ltd.

    29,895,484  
   

 

 

 
      36,794,309  
   

 

 

 
      United Kingdom - 13.3%      
  823,799    

Anglo American plc

    18,289,096  
  239,015    

AstraZeneca plc

    16,531,993  
  2,508,953    

BAE Systems plc

    21,344,443  
  549,549    

British American Tobacco plc

    27,682,636  
  736,269    

Compass Group plc

    15,694,034  
  748,839    

Fiat Chrysler Automobiles N.V.*

    14,126,278  
  4,008,834    

Glencore plc*

    19,033,098  
  71,895    

Intertek Group plc

    5,405,825  
  863,620    

Just Eat plc*

    8,855,978  
  586,517    

Rio Tinto plc

    32,327,930  
  258,479    

Unilever N.V.

    14,401,659  
   

 

 

 
      193,692,970  
   

 

 

 
 

Total Common Stocks
(cost $1,363,831,337)

  $ 1,422,369,817  
   

 

 

 
 

Total Long-Term Investments
(cost $1,363,831,337)

  $ 1,422,369,817  
   

 

 

 
SHORT-TERM INVESTMENTS - 1.6%  
      Other Investment Pools & Funds - 1.6%      
  22,868,223    

BlackRock Liquidity Funds TempFund Portfolio, Institutional Class,
1.84%(3)

  $ 22,868,223  
   

 

 

 
      Securities Lending Collateral - 0.0%      
  16,158    

Citibank NA DDCA,
1.91%, 7/2/2018(3)

    16,158  
  109,147    

Goldman Sachs Financial Square Funds, Government Institutional Fund,
1.81%(3)

    109,147  
  101,420    

Invesco Government & Agency Portfolio,
1.81%(3)

    101,420  
  29,922    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class,
1.84%(3)

    29,922  
Shares or Principal Amount   Market Value  
SHORT-TERM INVESTMENTS - 1.6% - (continued)  
      Securities Lending Collateral - 0.0% - (continued)  
  66,516    

Western Asset Institutional Government Class A Fund,
1.79%(3)

  $ 66,516  
   

 

 

 
      323,163  
   

 

 

 
 

Total Short-Term Investments
(cost $23,191,386)

  $ 23,191,386  
   

 

 

 
 

Total Investments
(cost $1,387,022,723)

    99.3    $ 1,445,561,203  
 

Other Assets and Liabilities

    0.7      9,489,376  
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 1,455,050,579  
   

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  96  

 


Hartford International Opportunities HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note:

Percentage of investments as shown is the ratio of the total market value to total net assets.

 

    

Prices of foreign equities that are principally traded on certain foreign markets will generally be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

 

    

Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s.

 

    

For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

*

Non-income producing.

 

(1) 

Represents entire or partial securities on loan. See Note 8 in the accompanying Notes to Financial Statements for securities lending information.

 

(2) 

Securities issued within terms of a private placement memorandum and exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold to qualified institutional buyers. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2018, the aggregate value of these securities was $16,369,016, which represented 1.1% of total net assets.

 

(3) 

Current yield as of period end.

 

See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Other Abbreviations:

ADR

   American Depositary Receipt

DDCA

   Dollars on Deposit in Custody Account

GDR

   Global Depositary Receipt

 

The accompanying notes are an integral part of these financial statements.

 

 

  97  

 


Hartford International Opportunities HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total      Level 1(1)      Level 2(1)      Level 3(1)  

Assets

           

Common Stocks

           

Australia

   $ 14,032,476      $      $ 14,032,476      $  

Austria

     14,024,641               14,024,641         

Brazil

     9,222,764        9,222,764                

Canada

     115,304,994        115,304,994                

China

     213,448,206        91,175,768        122,272,438         

Denmark

     2,988,143               2,988,143         

France

     168,013,369        6,338,352        161,675,017         

Germany

     52,868,061               52,868,061         

Hong Kong

     21,280,435        5,631,024        15,649,411         

India

     31,864,681               31,864,681         

Italy

     42,098,004               42,098,004         

Japan

     223,558,633               223,558,633         

Luxembourg

     9,311,243        9,311,243                

Netherlands

     62,146,015        23,284,645        38,861,370         

Norway

     3,797,365               3,797,365         

Russia

     12,215,902        7,024,840        5,191,062         

South Korea

     28,565,096               28,565,096         

Spain

     50,262,843               50,262,843         

Sweden

     3,228,345               3,228,345         

Switzerland

     113,651,322               113,651,322         

Taiwan

     36,794,309               36,794,309         

United Kingdom

     193,692,970               193,692,970         

Short-Term Investments

     23,191,386        23,191,386                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     1,445,561,203      $     290,485,016      $     1,155,076,187      $     —  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2018, investments valued at $12,934,675 were transferred from Level 1 to Level 2 due to the application of a fair valuation model factor; there were no transfers from Level 2 to Level 1 and there were no transfers in and out of Level 3.

 

Note:

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

 

The accompanying notes are an integral part of these financial statements.

 

 

  98  

 


Hartford MidCap HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 99.7%  
      Banks - 6.2%  
  174,455    

Cullen/Frost Bankers, Inc.

  $ 18,883,009  
  156,059    

East West Bancorp, Inc.

    10,175,047  
  39,493    

First Citizens BancShares, Inc. Class A

    15,927,527  
  283,378    

First Republic Bank

    27,428,157  
  159,683    

M&T Bank Corp.

    27,170,062  
  167,707    

Pinnacle Financial Partners, Inc.

    10,288,824  
  236,618    

Prosperity Bancshares, Inc.

    16,175,207  
  187,568    

South State Corp.

    16,177,740  
   

 

 

 
      142,225,573  
   

 

 

 
      Capital Goods - 7.2%  
  361,098    

Fastenal Co.

    17,379,647  
  353,560    

HEICO Corp. Class A

    21,549,482  
  275,225    

IDEX Corp.

    37,562,708  
  192,868    

Lennox International, Inc.

    38,602,530  
  256,502    

Lincoln Electric Holdings, Inc.

    22,510,615  
  126,430    

Middleby Corp.*(1)

    13,201,821  
  227,728    

PACCAR, Inc.

    14,110,027  
   

 

 

 
      164,916,830  
   

 

 

 
      Commercial & Professional Services - 9.4%  
  108,498    

Cimpress N.V.*

    15,727,870  
  125,695    

Cintas Corp.

    23,262,374  
  66,301    

CoStar Group, Inc.*

    27,357,782  
  178,798    

Dun & Bradstreet Corp.

    21,929,575  
  356,689    

KAR Auction Services, Inc.

    19,546,557  
  354,432    

Robert Half International, Inc.

    23,073,523  
  723,643    

TransUnion

    51,841,784  
  66,694    

UniFirst Corp.

    11,798,168  
  293,653    

Waste Connections, Inc.

    22,106,198  
   

 

 

 
      216,643,831  
   

 

 

 
      Consumer Durables & Apparel - 2.0%  
  10,583    

NVR, Inc.*

    31,435,214  
  699,051    

Under Armour, Inc. Class C*(1)

    14,735,995  
   

 

 

 
      46,171,209  
   

 

 

 
      Consumer Services - 1.0%  
  313,691    

Choice Hotels International, Inc.

    23,715,040  
   

 

 

 
      Diversified Financials - 3.3%  
  65,549    

Credit Acceptance Corp.*(1)

    23,165,017  
  122,413    

FactSet Research Systems, Inc.

    24,250,015  
  41,288    

MSCI, Inc.

    6,830,274  
  218,718    

Northern Trust Corp.

    22,503,895  
   

 

 

 
      76,749,201  
   

 

 

 
      Energy - 5.2%  
  132,277    

Cimarex Energy Co.

    13,457,862  
  164,419    

Diamondback Energy, Inc.

    21,632,608  
  930,743    

Newfield Exploration Co.*

    28,154,976  
  295,671    

RSP Permian, Inc.*

    13,015,437  
  2,414,346    

WPX Energy, Inc.*

    43,530,658  
   

 

 

 
      119,791,541  
   

 

 

 
      Food & Staples Retailing - 0.7%  
  169,138    

PriceSmart, Inc.

    15,306,989  
   

 

 

 
      Health Care Equipment & Services - 4.9%  
  200,322    

Integra LifeSciences Holdings Corp.*

    12,902,740  
  266,149    

STERIS plc

    27,948,307  
  102,102    

Teleflex, Inc.

    27,384,777  
  198,031    

Varian Medical Systems, Inc.*

    22,520,085  
  299,022    

Veeva Systems, Inc. Class A*

    22,982,831  
   

 

 

 
      113,738,740  
   

 

 

 
Shares or Principal Amount   Market Value  
COMMON STOCKS - 99.7% - (continued)  
      Insurance - 5.3%  
  29,133    

Alleghany Corp.

  $ 16,750,601  
  35,288    

Fairfax Financial Holdings Ltd.

    19,773,520  
  352,791    

FNF Group

    13,271,998  
  36,681    

Markel Corp.*

    39,775,042  
  20,059    

White Mountains Insurance Group Ltd.

    18,185,690  
  207,195    

WR Berkley Corp.

    15,002,990  
   

 

 

 
      122,759,841  
   

 

 

 
      Materials - 2.8%  
  653,437    

Ball Corp.

    23,229,685  
  273,411    

Packaging Corp. of America

    30,564,616  
  395,533    

Silgan Holdings, Inc.

    10,612,150  
   

 

 

 
      64,406,451  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 12.9%  
  326,584    

Aerie Pharmaceuticals, Inc.*(1)

    22,060,749  
  285,301    

Agios Pharmaceuticals, Inc.*

    24,030,903  
  541,136    

Alkermes plc*

    22,273,158  
  108,058    

Alnylam Pharmaceuticals, Inc.*

    10,642,632  
  87,582    

BeiGene Ltd. ADR*

    13,463,981  
  112,737    

Bluebird Bio, Inc.*

    17,694,072  
  532,153    

Ionis Pharmaceuticals, Inc.*

    22,174,816  
  893,908    

Ironwood Pharmaceuticals, Inc.*

    17,091,521  
  39,169    

Mettler-Toledo International, Inc.*

    22,664,358  
  245,218    

Neurocrine Biosciences, Inc.*

    24,090,216  
  172,386    

Sage Therapeutics, Inc.*

    26,983,581  
  171,583    

Seattle Genetics, Inc.*

    11,391,395  
  202,887    

Spark Therapeutics, Inc.*

    16,790,928  
  341,627    

Ultragenyx Pharmaceutical, Inc.*

    26,260,868  
  103,230    

Waters Corp.*

    19,984,296  
   

 

 

 
      297,597,474  
   

 

 

 
      Real Estate - 1.5%  
  602,129    

Equity Commonwealth REIT*

    18,967,064  
  634,870    

Redfin Corp.*(1)

    14,659,148  
   

 

 

 
      33,626,212  
   

 

 

 
      Retailing - 2.5%  
  436,770    

CarMax, Inc.*

    31,827,430  
  440,053    

TripAdvisor, Inc.*

    24,515,353  
   

 

 

 
      56,342,783  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 2.1%  
  244,261    

MKS Instruments, Inc.

    23,375,778  
  13,948    

Monolithic Power Systems, Inc.

    1,864,429  
  221,693    

Silicon Laboratories, Inc.*

    22,080,623  
   

 

 

 
      47,320,830  
   

 

 

 
      Software & Services - 19.6%  
  240,269    

2U, Inc.*

    20,076,878  
  439,095    

Akamai Technologies, Inc.*

    32,154,927  
  324,257    

Black Knight, Inc.*

    17,363,962  
  324,667    

Blackbaud, Inc.

    33,262,134  
  1,631,985    

Genpact Ltd.

    47,213,326  
  360,997    

Global Payments, Inc.

    40,247,556  
  155,734    

GrubHub, Inc.*

    16,338,054  
  281,788    

Guidewire Software, Inc.*

    25,017,139  
  88,390    

Proofpoint, Inc.*

    10,192,251  
  165,233    

PTC, Inc.*

    15,500,508  
  835,739    

Teradata Corp.*

    33,554,921  
  255,989    

Total System Services, Inc.

    21,636,190  
  353,506    

VeriSign, Inc.*

    48,578,794  
  290,601    

WEX, Inc.*

    55,353,678  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  99  

 


Hartford MidCap HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 99.7% - (continued)  
      Software & Services - 19.6% - (continued)  
  210,478    

Zillow Group, Inc. Class A*

  $ 12,576,060  
  367,477    

Zillow Group, Inc. Class C*

    21,703,192  
   

 

 

 
      450,769,570  
   

 

 

 
      Technology Hardware & Equipment - 7.3%  
  519,013    

CDW Corp.

    41,931,060  
  869,642    

CommScope Holding Co., Inc.*

    25,397,894  
  71,738    

F5 Networks, Inc.*

    12,371,218  
  622,869    

II-VI, Inc.*

    27,063,658  
  530,888    

Keysight Technologies, Inc.*

    31,338,319  
  734,014    

National Instruments Corp.

    30,813,908  
   

 

 

 
      168,916,057  
   

 

 

 
      Transportation - 3.7%      
  61,839    

AMERCO

    22,023,960  
  370,828    

Genesee & Wyoming, Inc. Class A*

    30,155,733  
  936,730    

JetBlue Airways Corp.*

    17,779,135  
  406,490    

Spirit Airlines, Inc.*(1)

    14,775,912  
   

 

 

 
      84,734,740  
   

 

 

 
      Utilities - 2.1%      
  169,770    

Black Hills Corp.

    10,391,622  
  317,367    

NiSource, Inc.

    8,340,405  
  548,104    

UGI Corp.

    28,539,775  
   

 

 

 
      47,271,802  
   

 

 

 
 

Total Common Stocks
(cost $1,670,443,755)

  $ 2,293,004,714  
   

 

 

 
 

Total Long-Term Investments
(cost $1,670,443,755)

  $ 2,293,004,714  
   

 

 

 
SHORT-TERM INVESTMENTS - 0.8%  
      Other Investment Pools & Funds - 0.2%      
  3,291,415    

Fidelity Institutional Government Fund, Institutional Class,
1.80%(2)

  $ 3,291,415  
   

 

 

 
      Securities Lending Collateral - 0.6%      
  738,854    

Citibank NA DDCA,
1.91%, 7/2/2018(2)

    738,855  
  4,990,911    

Goldman Sachs Financial Square Funds, Government Institutional Fund,
1.81%(2)

    4,990,911  
  4,637,574    

Invesco Government & Agency Portfolio,
1.81%(2)

    4,637,574  
  1,368,208    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class,
1.84%(2)

    1,368,208  
  3,041,541    

Western Asset Institutional Government Class A Fund,
1.79%(2)

    3,041,541  
   

 

 

 
      14,777,089  
   

 

 

 
 

Total Short-Term Investments
(cost $18,068,504)

  $ 18,068,504  
   

 

 

 
 

Total Investments
(cost $1,688,512,259)

    100.5    $ 2,311,073,218  
 

Other Assets and Liabilities

    (0.5 )%       (12,264,310
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 2,298,808,908  
   

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  100  

 


Hartford MidCap HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note:

Percentage of investments as shown is the ratio of the total market value to total net assets.

 

    

Prices of foreign equities that are principally traded on certain foreign markets will generally be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

 

    

Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s.

 

    

For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

*

Non-income producing.

 

(1)

Represents entire or partial securities on loan. See Note 8 in the accompanying Notes to Financial Statements for securities lending information.

 

(2)

Current yield as of period end.

 

 

See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Other Abbreviations:

ADR

   American Depositary Receipt

DDCA

   Dollars on Deposit in Custody Account

MSCI

   Morgan Stanley Capital International

REIT

   Real Estate Investment Trust

 

The accompanying notes are an integral part of these financial statements.

 

 

  101  

 


Hartford MidCap HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total      Level 1(1)      Level 2(1)      Level 3(1)  

Assets

 

Common Stocks

 

Banks

   $ 142,225,573      $ 142,225,573      $      $  

Capital Goods

     164,916,830        164,916,830                

Commercial & Professional Services

     216,643,831        216,643,831                

Consumer Durables & Apparel

     46,171,209        46,171,209                

Consumer Services

     23,715,040        23,715,040                

Diversified Financials

     76,749,201        76,749,201                

Energy

     119,791,541        119,791,541                

Food & Staples Retailing

     15,306,989        15,306,989                

Health Care Equipment & Services

     113,738,740        113,738,740                

Insurance

     122,759,841        122,759,841                

Materials

     64,406,451        64,406,451                

Pharmaceuticals, Biotechnology & Life Sciences

     297,597,474        297,597,474                

Real Estate

     33,626,212        33,626,212                

Retailing

     56,342,783        56,342,783                

Semiconductors & Semiconductor Equipment

     47,320,830        47,320,830                

Software & Services

     450,769,570        450,769,570                

Technology Hardware & Equipment

     168,916,057        168,916,057                

Transportation

     84,734,740        84,734,740                

Utilities

     47,271,802        47,271,802                

Short-Term Investments

     18,068,504        18,068,504                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     2,311,073,218      $     2,311,073,218      $     —      $     —  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) For the six-month period ended June 30, 2018, there were no transfers between any levels.

 

The accompanying notes are an integral part of these financial statements.

 

 

  102  

 


Hartford MidCap Value HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.0%  
      Automobiles & Components - 0.9%  
  130,080    

Goodyear Tire & Rubber Co.

  $ 3,029,563  
   

 

 

 
      Banks - 12.6%  
  111,254    

BancorpSouth Bank

    3,665,819  
  85,524    

Bank of the Ozarks, Inc.

    3,852,001  
  82,737    

Comerica, Inc.

    7,522,448  
  77,071    

First Midwest Bancorp, Inc.

    1,962,998  
  72,237    

IBERIABANK Corp.

    5,475,565  
  54,747    

Pinnacle Financial Partners, Inc.

    3,358,728  
  50,484    

South State Corp.

    4,354,245  
  227,276    

Sterling Bancorp

    5,340,986  
  74,888    

Western Alliance Bancorp*

    4,239,410  
  87,698    

Zions Bancorporation

    4,620,808  
   

 

 

 
      44,393,008  
   

 

 

 
      Capital Goods - 9.8%  
  68,667    

Granite Construction, Inc.

    3,822,005  
  32,095    

Harris Corp.

    4,639,011  
  46,638    

Hubbell, Inc.

    4,931,502  
  95,317    

JELD-WEN Holding, Inc.*

    2,725,113  
  259,983    

Milacron Holdings Corp.*

    4,921,478  
  52,717    

Moog, Inc. Class A

    4,109,818  
  385,668    

Sanwa Holdings Corp.

    4,075,549  
  80,795    

Sensata Technologies Holding plc*

    3,844,226  
  27,427    

WESCO International, Inc.*

    1,566,082  
   

 

 

 
      34,634,784  
   

 

 

 
      Commercial & Professional Services - 2.9%  
  197,524    

Atento S.A.

    1,353,039  
  89,039    

Clean Harbors, Inc.*

    4,946,117  
  31,116    

Dun & Bradstreet Corp.

    3,816,377  
   

 

 

 
      10,115,533  
   

 

 

 
      Consumer Durables & Apparel - 1.3%  
  26,683    

D.R. Horton, Inc.

    1,094,003  
  27,424    

Lennar Corp. Class A

    1,439,760  
  50,386    

Toll Brothers, Inc.

    1,863,778  
   

 

 

 
      4,397,541  
   

 

 

 
      Consumer Services - 0.8%  
  57,558    

Norwegian Cruise Line Holdings Ltd.*

    2,719,616  
   

 

 

 
      Energy - 8.3%  
  44,297    

Delek U.S. Holdings, Inc.

    2,222,381  
  95,225    

Diamondback Energy, Inc.

    12,528,753  
  32,206    

Energen Corp.*

    2,345,241  
  171,470    

Laredo Petroleum, Inc.*

    1,649,541  
  232,533    

Newfield Exploration Co.*

    7,034,123  
  191,600    

WPX Energy, Inc.*

    3,454,548  
   

 

 

 
      29,234,587  
   

 

 

 
      Food & Staples Retailing - 1.7%  
  158,677    

US Foods Holding Corp.*

    6,001,164  
   

 

 

 
      Food, Beverage & Tobacco - 2.1%  
  22,419    

Ingredion, Inc.

    2,481,783  
  54,798    

Post Holdings, Inc.*

    4,713,724  
   

 

 

 
      7,195,507  
   

 

 

 
      Health Care Equipment & Services - 4.2%  
  122,236    

Acadia Healthcare Co., Inc.*

    5,000,675  
  146,104    

Brookdale Senior Living, Inc.*

    1,328,085  
  39,691    

Hill-Rom Holdings, Inc.

    3,466,612  
  48,908    

STERIS plc

    5,135,829  
   

 

 

 
      14,931,201  
   

 

 

 
Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.0% - (continued)  
      Insurance - 7.8%  
  36,562    

Assurant, Inc.

  $ 3,783,801  
  196,832    

CNO Financial Group, Inc.

    3,747,681  
  30,665    

Hanover Insurance Group, Inc.

    3,666,308  
  248,742    

Jardine Lloyd Thompson Group plc

    4,201,950  
  498,554    

Lancashire Holdings Ltd.

    3,725,468  
  39,528    

Reinsurance Group of America, Inc.

    5,276,198  
  85,793    

Unum Group

    3,173,483  
   

 

 

 
      27,574,889  
   

 

 

 
      Materials - 10.1%  
  73,124    

Alcoa Corp.*

    3,428,053  
  115,168    

Buzzi Unicem S.p.A.

    2,813,905  
  84,082    

Cabot Corp.

    5,193,745  
  57,376    

Celanese Corp. Series A

    6,372,179  
  125,498    

Commercial Metals Co.

    2,649,263  
  62,337    

FMC Corp.

    5,561,084  
  73,377    

Olin Corp.

    2,107,387  
  65,510    

Reliance Steel & Aluminum Co.

    5,734,745  
  16,111    

Westlake Chemical Corp.

    1,734,027  
   

 

 

 
      35,594,388  
   

 

 

 
      Media - 0.5%  
  160,242    

TEGNA, Inc.

    1,738,626  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 0.1%  
  30,179    

Five Prime Therapeutics, Inc.*

    477,130  
   

 

 

 
      Real Estate - 10.8%  
  45,507    

American Assets Trust, Inc. REIT

    1,742,463  
  266,713    

Brixmor Property Group, Inc. REIT

    4,648,808  
  159,284    

Corporate Office Properties Trust REIT

    4,617,643  
  28,937    

Equity LifeStyle Properties, Inc. REIT

    2,659,310  
  35,352    

Extra Space Storage, Inc. REIT

    3,528,483  
  38,257    

Forest City Realty Trust, Inc. Class A, REIT

    872,642  
  31,358    

Life Storage, Inc. REIT

    3,051,447  
  145,894    

Park Hotels & Resorts, Inc. REIT

    4,468,733  
  43,884    

PS Business Parks, Inc. REIT

    5,639,094  
  242,556    

STORE Capital Corp. REIT

    6,646,035  
   

 

 

 
      37,874,658  
   

 

 

 
      Retailing - 0.7%  
  70,800    

Caleres, Inc.

    2,434,812  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 4.1%  
  86,030    

Axcelis Technologies, Inc.*

    1,703,394  
  128,423    

Ichor Holdings Ltd.*(1)

    2,725,136  
  114,366    

Silicon Motion Technology Corp. ADR

    6,048,818  
  102,403    

Teradyne, Inc.

    3,898,482  
   

 

 

 
      14,375,830  
   

 

 

 
      Software & Services - 3.7%  
  83,508    

Booz Allen Hamilton Holding Corp.

    3,651,805  
  85,678    

SS&C Technologies Holdings, Inc.

    4,446,688  
  34,867    

VeriSign, Inc.*

    4,791,423  
   

 

 

 
      12,889,916  
   

 

 

 
      Technology Hardware & Equipment - 5.5%  
  94,329    

Acacia Communications, Inc.*(1)

    3,283,593  
  112,661    

Arrow Electronics, Inc.*

    8,481,120  
  79,439    

KEMET Corp.*

    1,918,452  
  98,309    

Keysight Technologies, Inc.*

    5,803,180  
   

 

 

 
      19,486,345  
   

 

 

 
      Telecommunication Services - 1.1%  
  68,121    

Millicom International Cellular S.A.

    4,003,613  
   

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  103  

 


Hartford MidCap Value HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.0% - (continued)  
      Transportation - 3.9%      
  70,541    

Genesee & Wyoming, Inc. Class A*

  $ 5,736,394  
  188,526    

JetBlue Airways Corp.*

    3,578,224  
  80,648    

Knight-Swift Transportation Holdings, Inc.

    3,081,560  
  52,645    

Schneider National, Inc. Class B

    1,448,264  
   

 

 

 
      13,844,442  
   

 

 

 
      Utilities - 5.1%      
  134,149    

Alliant Energy Corp.

    5,677,186  
  58,622    

Evergy, Inc.

    3,291,625  
  174,277    

UGI Corp.

    9,074,603  
   

 

 

 
      18,043,414  
   

 

 

 
 

Total Common Stocks
(cost $287,363,426)

  $ 344,990,567  
   

 

 

 
 

Total Long-Term Investments
(cost $287,363,426)

  $ 344,990,567  
   

 

 

 
SHORT-TERM INVESTMENTS - 3.0%  
      Other Investment Pools & Funds - 1.9%      
  6,610,595    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class,
1.84%(2)

  $ 6,610,595  
   

 

 

 
      Securities Lending Collateral - 1.1%      
  196,904    

Citibank NA DDCA,
1.91%, 7/2/2018(2)

    196,904  
  1,330,072    

Goldman Sachs Financial Square Funds, Government Institutional Fund,
1.81%(2)

    1,330,071  
  1,235,908    

Invesco Government & Agency Portfolio,
1.81%(2)

    1,235,908  
  364,626    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class,
1.84%(2)

    364,626  
  810,567    

Western Asset Institutional Government Class A Fund,
1.79%(2)

    810,567  
   

 

 

 
      3,938,076  
   

 

 

 
 

Total Short-Term Investments
(cost $10,548,671)

  $ 10,548,671  
   

 

 

 
 

Total Investments
(cost $297,912,097)

    101.0    $ 355,539,238  
 

Other Assets and Liabilities

    (1.0 )%       (3,601,264
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 351,937,974  
   

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  104  

 


Hartford MidCap Value HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note:

Percentage of investments as shown is the ratio of the total market value to total net assets.

 

    

Prices of foreign equities that are principally traded on certain foreign markets will generally be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

 

    

Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s.

 

    

For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

*

Non-income producing.

 

(1)

Represents entire or partial securities on loan. See Note 8 in the accompanying Notes to Financial Statements for securities lending information.

 

(2) 

Current yield as of period end.

 

 

See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Other Abbreviations:

ADR

   American Depositary Receipt

DDCA

   Dollars on Deposit in Custody Account

REIT

   Real Estate Investment Trust

 

The accompanying notes are an integral part of these financial statements.

 

 

  105  

 


Hartford MidCap Value HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total      Level 1(1)      Level 2(1)      Level 3(1)  

Assets

           

Common Stocks

           

Automobiles & Components

   $ 3,029,563      $ 3,029,563      $      $  

Banks

     44,393,008        44,393,008                

Capital Goods

     34,634,784        30,559,235        4,075,549         

Commercial & Professional Services

     10,115,533        10,115,533                

Consumer Durables & Apparel

     4,397,541        4,397,541                

Consumer Services

     2,719,616        2,719,616                

Energy

     29,234,587        29,234,587                

Food & Staples Retailing

     6,001,164        6,001,164                

Food, Beverage & Tobacco

     7,195,507        7,195,507                

Health Care Equipment & Services

     14,931,201        14,931,201                

Insurance

     27,574,889        23,849,421        3,725,468         

Materials

     35,594,388        32,780,483        2,813,905         

Media

     1,738,626        1,738,626                

Pharmaceuticals, Biotechnology & Life Sciences

     477,130        477,130                

Real Estate

     37,874,658        37,874,658                

Retailing

     2,434,812        2,434,812                

Semiconductors & Semiconductor Equipment

     14,375,830        14,375,830                

Software & Services

     12,889,916        12,889,916                

Technology Hardware & Equipment

     19,486,345        19,486,345                

Telecommunication Services

     4,003,613               4,003,613         

Transportation

     13,844,442        13,844,442                

Utilities

     18,043,414        18,043,414                

Short-Term Investments

     10,548,671        10,548,671                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     355,539,238      $     340,920,703      $     14,618,535      $     —  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2018, investments valued at $4,673,250 were transferred from Level 1 to Level 2 due to the application of a fair valuation model factor; there were no transfers from Level 2 to Level 1 and there were no transfers in and out of Level 3.

 

Note:

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

 

The accompanying notes are an integral part of these financial statements.

 

 

  106  

 


Hartford Small Cap Growth HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 97.7%  
      Automobiles & Components - 1.6%  
  169,249    

Cooper Tire & Rubber Co.

  $ 4,451,249  
  239,744    

Tenneco, Inc.

    10,539,146  
  58,632    

Visteon Corp.*

    7,577,600  
   

 

 

 
      22,567,995  
   

 

 

 
      Banks - 3.6%  
  24,370    

Bank of NT Butterfield & Son Ltd.

    1,114,196  
  22,522    

Cadence BanCorp.

    650,210  
  41,441    

Essent Group Ltd.*

    1,484,417  
  68,571    

FCB Financial Holdings, Inc. Class A*

    4,031,975  
  140,008    

First Busey Corp.

    4,441,054  
  182,036    

First Hawaiian, Inc.

    5,282,685  
  130,147    

Great Western Bancorp, Inc.

    5,464,872  
  98,477    

IBERIABANK Corp.

    7,464,557  
  638,182    

MGIC Investment Corp.*

    6,841,311  
  322,126    

Sterling Bancorp

    7,569,961  
  118,596    

Triumph Bancorp, Inc.*

    4,832,787  
  20,190    

Walker & Dunlop, Inc.

    1,123,573  
   

 

 

 
      50,301,598  
   

 

 

 
      Capital Goods - 10.2%  
  231,828    

Aerojet Rocketdyne Holdings, Inc.*

    6,836,608  
  207,115    

Altra Industrial Motion Corp.

    8,926,656  
  71,760    

American Woodmark Corp.*

    6,569,628  
  130,939    

Applied Industrial Technologies, Inc.

    9,185,371  
  126,344    

Armstrong World Industries, Inc.*

    7,984,941  
  83,771    

Astec Industries, Inc.

    5,009,506  
  24,341    

Atkore International Group, Inc.*

    505,563  
  8,245    

Axon Enterprise, Inc.*

    520,919  
  133,067    

AZZ, Inc.

    5,781,761  
  3,231    

Barnes Group, Inc.

    190,306  
  228,196    

BMC Stock Holdings, Inc.*

    4,757,887  
  31,518    

Caesarstone Ltd.(1)

    475,922  
  59,288    

Continental Building Products, Inc.*

    1,870,536  
  24,070    

EMCOR Group, Inc.

    1,833,653  
  13,972    

EnerSys

    1,042,870  
  186,376    

Evoqua Water Technologies Corp.*

    3,820,708  
  227,546    

Generac Holdings, Inc.*

    11,770,955  
  29,540    

Global Brass & Copper Holdings, Inc.

    926,079  
  56,887    

Hillenbrand, Inc.

    2,682,222  
  13,544    

Hyster-Yale Materials Handling, Inc.

    870,202  
  178,156    

ITT, Inc.

    9,312,214  
  274,154    

JELD-WEN Holding, Inc.*

    7,838,063  
  119,300    

John Bean Technologies Corp.

    10,605,770  
  62,963    

KBR, Inc.

    1,128,297  
  90,800    

Mercury Systems, Inc.*

    3,455,848  
  44,967    

Meritor, Inc.*

    924,971  
  346,049    

Milacron Holdings Corp.*

    6,550,707  
  12,916    

Proto Labs, Inc.*

    1,536,358  
  275,588    

Rexnord Corp.*

    8,008,587  
  21,692    

Rush Enterprises, Inc. Class A*

    940,999  
  61,865    

SiteOne Landscape Supply, Inc.*

    5,194,804  
  32,683    

Wabash National Corp.

    609,865  
  186,924    

Welbilt, Inc.*

    4,170,274  
   

 

 

 
      141,839,050  
   

 

 

 
      Commercial & Professional Services - 5.0%  
  202,351    

Advanced Disposal Services, Inc.*

    5,014,258  
  156,813    

ASGN, Inc.*

    12,261,208  
  33,914    

Brink’s Co.

    2,704,641  
  7,351    

Cimpress N.V.*

    1,065,601  
  129,824    

Clean Harbors, Inc.*

    7,211,723  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 97.7% - (continued)  
      Commercial & Professional Services - 5.0% - (continued)  
  90,167    

Deluxe Corp.

  $ 5,969,957  
  222,832    

Exponent, Inc.

    10,762,786  
  56,150    

Herman Miller, Inc.

    1,903,485  
  106,120    

Huron Consulting Group, Inc.*

    4,340,308  
  20,076    

Insperity, Inc.

    1,912,239  
  11,125    

Korn/Ferry International

    688,971  
  90,505    

MSA Safety, Inc.

    8,719,252  
  55,916    

Quad/Graphics, Inc.

    1,164,730  
  62,073    

Steelcase, Inc. Class A

    837,986  
  21,570    

TriNet Group, Inc.*

    1,206,626  
  20,250    

TrueBlue, Inc.*

    545,738  
  51,349    

WageWorks, Inc.*

    2,567,450  
   

 

 

 
      68,876,959  
   

 

 

 
      Consumer Durables & Apparel - 5.5%  
  98,854    

Carter’s, Inc.

    10,714,785  
  60,268    

Crocs, Inc.*

    1,061,319  
  14,213    

Deckers Outdoor Corp.*

    1,604,506  
  18,546    

Fossil Group, Inc.*

    498,331  
  154,452    

Installed Building Products, Inc.*

    8,734,261  
  67,339    

KB Home

    1,834,314  
  34,308    

La-Z-Boy, Inc.

    1,049,825  
  13,303    

MDC Holdings, Inc.

    409,333  
  26,497    

Movado Group, Inc.

    1,279,805  
  105,114    

Oxford Industries, Inc.

    8,722,360  
  269,600    

Steven Madden Ltd.

    14,315,760  
  144,710    

TopBuild Corp.*

    11,336,581  
  403,782    

Wolverine World Wide, Inc.

    14,039,500  
  26,036    

ZAGG, Inc.*

    450,423  
   

 

 

 
      76,051,103  
   

 

 

 
      Consumer Services - 3.7%  
  19,500    

American Public Education, Inc.*

    820,950  
  27,568    

BJ’s Restaurants, Inc.

    1,654,080  
  77,007    

Bloomin’ Brands, Inc.

    1,547,841  
  15,154    

Boyd Gaming Corp.

    525,238  
  14,654    

Brinker International, Inc.(1)

    697,530  
  3,716    

Churchill Downs, Inc.

    1,101,794  
  16,198    

DineEquity, Inc.

    1,211,610  
  142,560    

Dunkin’ Brands Group, Inc.(1)

    9,846,619  
  5,583    

Grand Canyon Education, Inc.*

    623,119  
  87,996    

Marriott Vacations Worldwide Corp.

    9,940,028  
  125,889    

Papa John’s International, Inc.(1)

    6,385,090  
  71,542    

Penn National Gaming, Inc.*

    2,403,096  
  28,362    

SeaWorld Entertainment, Inc.*(1)

    618,859  
  20,669    

Sotheby’s*

    1,123,154  
  12,983    

Texas Roadhouse, Inc.

    850,516  
  11,318    

Weight Watchers International, Inc.*

    1,144,250  
  217,337    

Wingstop, Inc.

    11,327,604  
   

 

 

 
      51,821,378  
   

 

 

 
      Diversified Financials - 2.0%  
  36,001    

Enova International, Inc.*

    1,315,836  
  112,242    

Evercore, Inc. Class A

    11,835,919  
  13,408    

FirstCash, Inc.

    1,204,709  
  17,185    

Green Dot Corp. Class A*

    1,261,207  
  7,817    

Houlihan Lokey, Inc.

    400,387  
  28,613    

Moelis & Co. Class A

    1,678,152  
  130,347    

OneMain Holdings, Inc.*

    4,339,252  
  440,584    

SLM Corp.*

    5,044,687  
  16,277    

Virtu Financial, Inc. Class A

    432,154  
   

 

 

 
      27,512,303  
   

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  107  

 


Hartford Small Cap Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 97.7% - (continued)  
      Energy - 2.3%  
  32,964    

CONSOL Energy, Inc.*

  $ 1,264,169  
  40,584    

CVR Energy, Inc.(1)

    1,501,202  
  28,529    

Delek U.S. Holdings, Inc.

    1,431,300  
  230,530    

Newfield Exploration Co.*

    6,973,532  
  111,339    

PDC Energy, Inc.*

    6,730,442  
  288,400    

ProPetro Holding Corp.*

    4,522,112  
  20,315    

REX American Resources Corp.*

    1,644,906  
  91,078    

W&T Offshore, Inc.*

    651,208  
  298,346    

WildHorse Resource Development Corp.*

    7,566,055  
   

 

 

 
      32,284,926  
   

 

 

 
      Food & Staples Retailing - 1.8%  
  61,761    

Casey’s General Stores, Inc.

    6,489,846  
  265,066    

Performance Food Group Co.*

    9,727,922  
  99,560    

PriceSmart, Inc.

    9,010,180  
   

 

 

 
      25,227,948  
   

 

 

 
      Food, Beverage & Tobacco - 1.2%  
  10,697    

Boston Beer Co., Inc. Class A*

    3,205,891  
  498,573    

Hostess Brands, Inc.*

    6,780,593  
  30,590    

Pilgrim’s Pride Corp.*

    615,776  
  68,297    

Post Holdings, Inc.*

    5,874,908  
   

 

 

 
      16,477,168  
   

 

 

 
      Health Care Equipment & Services - 10.8%  
  2,398    

AMN Healthcare Services, Inc.*

    140,523  
  255,735    

AtriCure, Inc.*

    6,917,632  
  211,420    

Cardiovascular Systems, Inc.*

    6,837,323  
  4,130    

Chemed Corp.

    1,329,075  
  29,525    

Encompass Health Corp.

    1,999,433  
  289,972    

Globus Medical, Inc. Class A*

    14,631,987  
  38,284    

Haemonetics Corp.*

    3,433,309  
  15,972    

HealthEquity, Inc.*

    1,199,497  
  332,961    

HMS Holdings Corp.*

    7,198,617  
  53,807    

ICU Medical, Inc.*

    15,800,426  
  5,716    

Inogen, Inc.*

    1,065,062  
  119,873    

Insulet Corp.*

    10,273,116  
  151,595    

Integra LifeSciences Holdings Corp.*

    9,764,234  
  5,736    

Magellan Health, Inc.*

    550,369  
  90,577    

Medidata Solutions, Inc.*

    7,296,883  
  190,730    

Merit Medical Systems, Inc.*

    9,765,376  
  99,443    

Molina Healthcare, Inc.*

    9,739,447  
  179,211    

Natus Medical, Inc.*

    6,182,780  
  184,304    

Omnicell, Inc.*

    9,666,745  
  349,267    

OraSure Technologies, Inc.*

    5,752,428  
  109,587    

Orthofix International N.V.*

    6,226,733  
  31,420    

Providence Service Corp.*

    2,468,041  
  12,796    

Quidel Corp.*

    850,934  
  38,416    

Tenet Healthcare Corp.*

    1,289,625  
  44,969    

Triple-S Management Corp. Class B*

    1,756,489  
  65,296    

U.S. Physical Therapy, Inc.

    6,268,416  
  5,501    

WellCare Health Plans, Inc.*

    1,354,566  
   

 

 

 
      149,759,066  
   

 

 

 
      Household & Personal Products - 0.4%  
  17,438    

Medifast, Inc.

    2,792,870  
  25,765    

USANA Health Sciences, Inc.*

    2,970,705  
   

 

 

 
      5,763,575  
   

 

 

 
      Insurance - 0.7%  
  39,282    

American Equity Investment Life Holding Co.

    1,414,152  
  192,835    

James River Group Holdings Ltd.

    7,576,487  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 97.7% - (continued)  
      Insurance - 0.7% - (continued)  
  33,874    

Universal Insurance Holdings, Inc.

  $ 1,188,978  
   

 

 

 
      10,179,617  
   

 

 

 
      Materials - 3.7%  
  15,420    

AdvanSix, Inc.*

    564,835  
  202,445    

Boise Cascade Co.

    9,049,292  
  506,971    

Graphic Packaging Holding Co.

    7,356,149  
  6,492    

Koppers Holdings, Inc.*

    248,968  
  41,131    

Kronos Worldwide, Inc.

    926,681  
  355,099    

Louisiana-Pacific Corp.

    9,665,795  
  415,121    

OMNOVA Solutions, Inc.*

    4,317,258  
  260,801    

PolyOne Corp.

    11,271,819  
  19,159    

Stepan Co.

    1,494,594  
  222,084    

Summit Materials, Inc. Class A*

    5,829,705  
   

 

 

 
      50,725,096  
   

 

 

 
      Media - 0.3%  
  32,439    

New York Times Co. Class A

    840,170  
  44,813    

World Wrestling Entertainment, Inc. Class A(1)

    3,263,283  
   

 

 

 
      4,103,453  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 14.5%  
  189,651    

Abeona Therapeutics, Inc.*(1)

    3,034,416  
  16,837    

Acorda Therapeutics, Inc.*

    483,222  
  100,648    

Aerie Pharmaceuticals, Inc.*

    6,798,772  
  45,527    

Agios Pharmaceuticals, Inc.*

    3,834,739  
  15,117    

Aimmune Therapeutics, Inc.*

    406,496  
  69,487    

Akebia Therapeutics, Inc.*

    693,480  
  21,906    

AMAG Pharmaceuticals, Inc.*

    427,167  
  547,779    

Amicus Therapeutics, Inc.*

    8,556,308  
  369,381    

Amneal Pharmaceuticals, Inc.*

    6,061,542  
  1,500    

AnaptysBio, Inc.*

    106,560  
  91,700    

Aptinyx, Inc.*

    2,216,389  
  166,246    

Arena Pharmaceuticals, Inc.*

    7,248,326  
  113,421    

Array BioPharma, Inc.*

    1,903,204  
  108,254    

Audentes Therapeutics, Inc.*

    4,136,385  
  119,521    

Blueprint Medicines Corp.*

    7,587,193  
  275,262    

Calithera Biosciences, Inc.*

    1,376,310  
  253,961    

Catalent, Inc.*

    10,638,426  
  168,454    

Coherus Biosciences, Inc.*

    2,358,356  
  20,887    

Collegium Pharmaceutical, Inc.*

    498,155  
  28,209    

Corcept Therapeutics, Inc.*

    443,445  
  244,473    

Cytokinetics, Inc.*

    2,029,126  
  184,805    

Dermira, Inc.*

    1,700,206  
  36,689    

Editas Medicine, Inc.*(1)

    1,314,567  
  45,222    

Emergent BioSolutions, Inc.*

    2,283,259  
  41,497    

Endocyte, Inc.*(1)

    572,659  
  12,935    

Esperion Therapeutics, Inc.*(1)

    506,923  
  206,438    

Five Prime Therapeutics, Inc.*

    3,263,785  
  132,686    

Flexion Therapeutics, Inc.*(1)

    3,429,933  
  70,118    

G1 Therapeutics, Inc.*

    3,047,328  
  10,717    

Global Blood Therapeutics, Inc.*

    484,408  
  151,859    

GlycoMimetics, Inc.*(1)

    2,449,486  
  97,945    

Halozyme Therapeutics, Inc.*

    1,652,332  
  236,265    

Heron Therapeutics, Inc.*

    9,178,895  
  116,549    

Horizon Pharma plc*

    1,930,051  
  106,953    

ImmunoGen, Inc.*

    1,040,653  
  49,571    

Innoviva, Inc.*

    684,080  
  5,816    

Intercept Pharmaceuticals, Inc.*

    488,021  
  297,431    

Intersect ENT, Inc.*

    11,138,791  
  31,437    

Iovance Biotherapeutics, Inc.*

    402,394  
  97,529    

Ironwood Pharmaceuticals, Inc.*

    1,864,754  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  108  

 


Hartford Small Cap Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 97.7% - (continued)  
      Pharmaceuticals, Biotechnology & Life Sciences - 14.5% -
(continued)
 
  89,780    

Jounce Therapeutics, Inc.*(1)

  $ 687,715  
  104,900    

Karyopharm Therapeutics, Inc.*

    1,782,251  
  78,560    

Loxo Oncology, Inc.*

    13,628,589  
  65,703    

Luminex Corp.

    1,940,210  
  2,583    

Madrigal Pharmaceuticals, Inc.*(1)

    722,439  
  144,754    

Medicines Co.*(1)

    5,312,472  
  9,522    

Mirati Therapeutics, Inc.*

    469,435  
  59,351    

Momenta Pharmaceuticals, Inc.*

    1,213,728  
  124,984    

MyoKardia, Inc.*

    6,205,456  
  260,410    

NanoString Technologies, Inc.*

    3,562,409  
  666,280    

Novavax, Inc.*

    892,815  
  566,289    

PDL BioPharma, Inc.*

    1,325,116  
  132,180    

Portola Pharmaceuticals, Inc.*

    4,992,439  
  39,604    

Prothena Corp. plc*

    577,426  
  41,967    

PTC Therapeutics, Inc.*

    1,415,547  
  71,529    

REGENXBIO, Inc.*(1)

    5,132,206  
  98,022    

Revance Therapeutics, Inc.*

    2,690,704  
  839,133    

Rigel Pharmaceuticals, Inc.*

    2,374,746  
  68,727    

Sangamo Therapeutics, Inc.*(1)

    975,923  
  98,967    

Spark Therapeutics, Inc.*

    8,190,509  
  10,023    

Supernus Pharmaceuticals, Inc.*

    599,877  
  175,109    

Syneos Health, Inc.*

    8,212,612  
  122,364    

Ultragenyx Pharmaceutical, Inc.*

    9,406,121  
  47,177    

Vericel Corp.*

    457,617  
  20,707    

Zogenix, Inc.*

    915,249  
   

 

 

 
      201,954,153  
   

 

 

 
      Real Estate - 2.0%  
  115,347    

CareTrust, Inc. REIT

    1,925,141  
  39,778    

Coresite Realty Corp. REIT

    4,408,198  
  150,026    

Corporate Office Properties Trust REIT

    4,349,254  
  186,080    

HFF, Inc. Class A, REIT

    6,391,848  
  29,203    

National Health Investors, Inc. REIT

    2,151,677  
  20,556    

Physicians Realty Trust REIT

    327,663  
  53,480    

RLJ Lodging Trust REIT

    1,179,234  
  440,385    

Sunstone Hotel Investors, Inc. REIT

    7,319,199  
   

 

 

 
      28,052,214  
   

 

 

 
      Retailing - 3.6%  
  62,078    

American Eagle Outfitters, Inc.

    1,443,314  
  36,600    

BJ’s Wholesale Club Holdings, Inc.*

    865,590  
  35,253    

Buckle, Inc.(1)

    948,306  
  193,033    

Caleres, Inc.

    6,638,405  
  45,313    

Cato Corp. Class A

    1,115,606  
  280,377    

Core-Mark Holding Co., Inc.

    6,364,558  
  108,695    

Five Below, Inc.*

    10,620,588  
  211,080    

Floor & Decor Holdings, Inc. Class A*

    10,412,576  
  86,670    

Groupon, Inc.*

    372,681  
  38,674    

Liberty TripAdvisor Holdings, Inc. Class A*

    622,651  
  277,483    

Michaels Cos., Inc.*

    5,319,349  
  7,921    

RH*(1)

    1,106,564  
  29,994    

Shutterfly, Inc.*

    2,700,360  
  15,674    

Sleep Number Corp.*

    454,859  
  32,468    

Tailored Brands, Inc.

    828,583  
  27,711    

Zumiez, Inc.*

    694,161  
   

 

 

 
      50,508,151  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 3.4%  
  45,667    

Advanced Energy Industries, Inc.*

    2,652,796  
  163,642    

Amkor Technology, Inc.*

    1,405,685  
  13,590    

Axcelis Technologies, Inc.*

    269,082  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 97.7% - (continued)  
      Semiconductors & Semiconductor Equipment - 3.4% -
(continued)
 
  10,577    

Cabot Microelectronics Corp.

  $ 1,137,662  
  244,388    

Cohu, Inc.

    5,989,950  
  163,721    

Diodes, Inc.*

    5,643,463  
  351,505    

Entegris, Inc.

    11,916,019  
  624,786    

FormFactor, Inc.*

    8,309,654  
  96,704    

Kulicke & Soffa Industries, Inc.

    2,303,489  
  62,280    

MKS Instruments, Inc.

    5,960,196  
  20,719    

Synaptics, Inc.*

    1,043,616  
   

 

 

 
      46,631,612  
   

 

 

 
      Software & Services - 16.2%  
  100,002    

2U, Inc.*

    8,356,167  
  247,165    

8x8, Inc.*

    4,955,658  
  227,183    

Acxiom Corp.*

    6,804,131  
  21,499    

Apptio, Inc. Class A*

    778,264  
  67,345    

Blackbaud, Inc.

    6,899,495  
  221,623    

Blucora, Inc.*

    8,200,051  
  52,794    

Bottomline Technologies de, Inc.*

    2,630,725  
  53,300    

CACI International, Inc. Class A*

    8,983,715  
  144,613    

Carbonite, Inc.*

    5,046,994  
  367,617    

Cloudera, Inc.*

    5,014,296  
  2,682    

CommVault Systems, Inc.*

    176,610  
  10,387    

Cornerstone OnDemand, Inc.*

    492,655  
  8,925    

Coupa Software, Inc.*

    555,492  
  50,650    

CSG Systems International, Inc.

    2,070,065  
  76,621    

EPAM Systems, Inc.*

    9,526,289  
  327,663    

Etsy, Inc.*

    13,824,102  
  148,084    

Everbridge, Inc.*

    7,022,143  
  52,749    

Fair Isaac Corp.*

    10,197,437  
  233,322    

Five9, Inc.*

    8,065,942  
  165,055    

ForeScout Technologies, Inc.*

    5,654,784  
  248,693    

Glu Mobile, Inc.*

    1,594,122  
  46,076    

Hortonworks, Inc.*

    839,505  
  84,732    

HubSpot, Inc.*

    10,625,393  
  10,819    

Imperva, Inc.*

    522,017  
  156,154    

Instructure, Inc.*

    6,644,353  
  63,826    

LogMeIn, Inc.

    6,590,034  
  51,817    

MAXIMUS, Inc.

    3,218,354  
  8,195    

MicroStrategy, Inc. Class A*

    1,046,911  
  128,010    

MINDBODY, Inc. Class A*

    4,941,186  
  141,329    

MongoDB, Inc.*(1)

    7,014,158  
  14,393    

New Relic, Inc.*

    1,447,792  
  31,990    

NIC, Inc.

    497,445  
  96,738    

Okta, Inc.*

    4,872,693  
  129,256    

Paylocity Holding Corp.*

    7,608,008  
  145,884    

Pegasystems, Inc.

    7,994,443  
  166,808    

Pivotal Software, Inc. Class A*

    4,048,430  
  67,105    

Progress Software Corp.

    2,605,016  
  75,544    

Q2 Holdings, Inc.*

    4,309,785  
  38,005    

Qualys, Inc.*

    3,203,821  
  118,014    

Science Applications International Corp.

    9,550,873  
  47,239    

Shutterstock, Inc.*

    2,241,963  
  1,393    

Stamps.com, Inc.*

    352,499  
  58,266    

Sykes Enterprises, Inc.*

    1,676,895  
  33,329    

Syntel, Inc.*

    1,069,528  
  70,331    

Travelport Worldwide Ltd.

    1,303,937  
  413,032    

TrueCar, Inc.*(1)

    4,167,493  
  6,925    

Verint Systems, Inc.*

    307,124  
  34,673    

Yelp, Inc.*

    1,358,488  
  134,248    

Zendesk, Inc.*

    7,315,174  
   

 

 

 
      224,222,455  
   

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  109  

 


Hartford Small Cap Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 97.7% - (continued)  
      Technology Hardware & Equipment - 2.6%  
  98,124    

ePlus, Inc.*

  $ 9,233,468  
  183,154    

Fabrinet*

    6,756,551  
  117,121    

II-VI, Inc.*

    5,088,907  
  69,581    

Lumentum Holdings, Inc.*

    4,028,740  
  18,437    

Methode Electronics, Inc.

    743,011  
  8,863    

NETGEAR, Inc.*

    553,938  
  8,740    

Plantronics, Inc.

    666,425  
  53,377    

Rogers Corp.*

    5,949,400  
  10,874    

Tech Data Corp.*

    892,973  
  96,953    

Vishay Intertechnology, Inc.

    2,249,310  
   

 

 

 
      36,162,723  
   

 

 

 
      Telecommunication Services - 0.9%  
  33,779    

Boingo Wireless, Inc.*

    763,068  
  338,405    

ORBCOMM, Inc.*

    3,417,890  
  600,573    

Vonage Holdings Corp.*

    7,741,386  
   

 

 

 
      11,922,344  
   

 

 

 
      Transportation - 1.7%  
  21,017    

ArcBest Corp.

    960,477  
  33,132    

Avis Budget Group, Inc.*

    1,076,790  
  98,918    

Genesee & Wyoming, Inc. Class A*

    8,044,012  
  24,362    

Hawaiian Holdings, Inc.

    875,814  
  122,415    

Knight-Swift Transportation Holdings, Inc.

    4,677,477  
  260,634    

Marten Transport Ltd.

    6,111,867  
  11,829    

Saia, Inc.*

    956,375  
  30,844    

Werner Enterprises, Inc.

    1,158,192  
   

 

 

 
      23,861,004  
   

 

 

 
 

Total Common Stocks
(cost $1,093,228,933)

  $ 1,356,805,891  
   

 

 

 
EXCHANGE-TRADED FUNDS - 2.1%  
      Other Investment Pools & Funds - 2.1%      
  141,731    

iShares Russell 2000 Growth ETF(1)

  $ 28,959,895  
   

 

 

 
 

Total Exchange-Traded Funds
(cost $28,759,354)

  $ 28,959,895  
   

 

 

 
WARRANTS - 0.0%  
      Diversified Financials - 0.0%      
  891    

Emergent Capital, Inc. Expires 4/11/19*(2)(3)

  $  
   

 

 

 
 

Total Warrants
(cost $—)

  $  
   

 

 

 
 

Total Long-Term Investments
(cost $1,121,988,287)

  $ 1,385,765,786  
   

 

 

 
SHORT-TERM INVESTMENTS - 3.9%  
      Other Investment Pools & Funds - 0.2%  
  3,020,955    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 1.84%(4)

  $ 3,020,955  
   

 

 

 
      Securities Lending Collateral - 3.7%  
  2,557,821    

Citibank NA DDCA,
1.91%, 7/2/2018(4)

    2,557,821  
Shares or Principal Amount   Market Value  
SHORT-TERM INVESTMENTS - 3.9% - (continued)  
      Securities Lending Collateral - 3.7% - (continued)  
  17,277,907    

Goldman Sachs Financial Square Funds, Government Institutional Fund,
1.81%(4)

  $ 17,277,907  
  16,054,699    

Invesco Government & Agency Portfolio,
1.81%(4)

    16,054,699  
  4,736,565    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class,
1.84%(4)

    4,736,565  
  10,529,434    

Western Asset Institutional Government Class A Fund,
1.79%(4)

    10,529,434  
   

 

 

 
      51,156,426  
   

 

 

 
 

Total Short-Term Investments
(cost $54,177,381)

  $ 54,177,381  
   

 

 

 
 

Total Investments
(cost $1,176,165,668)

    103.7    $ 1,439,943,167  
 

Other Assets and Liabilities

    (3.7 )%       (51,025,816
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 1,388,917,351  
   

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  110  

 


Hartford Small Cap Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note:

Percentage of investments as shown is the ratio of the total market value to total net assets.

 

    

Other than the industry classifications “Other Investment Pools & Funds,” equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s.

 

    

For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

*

Non-income producing.

 

(1) 

Represents entire or partial securities on loan. See Note 8 in the accompanying Notes to Financial Statements for securities lending information.

 

(2) 

This security has been identified as illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time. The identification of illiquid securities is unaudited. At June 30, 2018, the aggregate value of this security was $0, which represented 0.0% of total net assets.

 

(3) 

This security is valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2018, the aggregate fair value of this security was $0, which represented 0.0% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

 

(4) 

Current yield as of period end.

 

 

See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Other Abbreviations:

DDCA

   Dollars on Deposit in Custody Account

ETF

   Exchange-Traded Fund

REIT

   Real Estate Investment Trust

 

The accompanying notes are an integral part of these financial statements.

 

 

  111  

 


Hartford Small Cap Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total      Level 1(1)      Level 2(1)      Level 3(1)  

Assets

           

Common Stocks

           

Automobiles & Components

   $ 22,567,995      $ 22,567,995      $      $  

Banks

     50,301,598        50,301,598                

Capital Goods

     141,839,050        141,839,050                

Commercial & Professional Services

     68,876,959        68,876,959                

Consumer Durables & Apparel

     76,051,103        76,051,103                

Consumer Services

     51,821,378        51,821,378                

Diversified Financials

     27,512,303        27,512,303                

Energy

     32,284,926        32,284,926                

Food & Staples Retailing

     25,227,948        25,227,948                

Food, Beverage & Tobacco

     16,477,168        16,477,168                

Health Care Equipment & Services

     149,759,066        149,759,066                

Household & Personal Products

     5,763,575        5,763,575                

Insurance

     10,179,617        10,179,617                

Materials

     50,725,096        50,725,096                

Media

     4,103,453        4,103,453                

Pharmaceuticals, Biotechnology & Life Sciences

     201,954,153        201,954,153                

Real Estate

     28,052,214        28,052,214                

Retailing

     50,508,151        50,508,151                

Semiconductors & Semiconductor Equipment

     46,631,612        46,631,612                

Software & Services

     224,222,455        224,222,455                

Technology Hardware & Equipment

     36,162,723        36,162,723                

Telecommunication Services

     11,922,344        11,922,344                

Transportation

     23,861,004        23,861,004                

Exchange-Traded Funds

     28,959,895        28,959,895                

Warrants

                           

Short-Term Investments

     54,177,381        54,177,381                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     1,439,943,167      $     1,439,943,167      $     —      $     —  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1)  For the six-month period ended June 30, 2018, there were no transfers between any levels.

 

The accompanying notes are an integral part of these financial statements.

 

 

  112  

 


Hartford Small Company HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 94.5%  
      Automobiles & Components - 0.1%  
  4,621    

Cooper Tire & Rubber Co.(1)

  $ 121,532  
  5,199    

Tenneco, Inc.

    228,548  
  1,532    

Visteon Corp.*

    197,996  
   

 

 

 
      548,076  
   

 

 

 
      Banks - 5.7%  
  186,024    

BancorpSouth Bank

    6,129,491  
  189,598    

CenterState Bank Corp.

    5,653,812  
  1,791    

FCB Financial Holdings, Inc. Class A*

    105,311  
  3,699    

First Busey Corp.

    117,332  
  4,569    

First Hawaiian, Inc.

    132,592  
  3,571    

Great Western Bancorp, Inc.

    149,946  
  2,507    

IBERIABANK Corp.

    190,031  
  504,038    

MGIC Investment Corp.*

    5,403,287  
  291,531    

Sterling Bancorp

    6,850,979  
  66,650    

Texas Capital Bancshares, Inc.*

    6,098,475  
  3,111    

Triumph Bancorp, Inc.*

    126,773  
  148,726    

Union Bankshares Corp.

    5,782,467  
   

 

 

 
      36,740,496  
   

 

 

 
      Capital Goods - 11.7%  
  320,531    

Actuant Corp. Class A

    9,407,585  
  5,317    

Aerojet Rocketdyne Holdings, Inc.*

    156,798  
  123,753    

Altra Industrial Motion Corp.

    5,333,754  
  1,888    

American Woodmark Corp.*

    172,846  
  2,844    

Applied Industrial Technologies, Inc.

    199,507  
  3,343    

Armstrong World Industries, Inc.*

    211,278  
  2,143    

Astec Industries, Inc.

    128,151  
  77,156    

Axon Enterprise, Inc.*

    4,874,716  
  3,345    

AZZ, Inc.

    145,340  
  148,417    

Beacon Roofing Supply, Inc.*

    6,325,533  
  5,829    

BMC Stock Holdings, Inc.*

    121,535  
  116,810    

EnerSys

    8,718,698  
  4,800    

Evoqua Water Technologies Corp.*

    98,400  
  4,661    

Generac Holdings, Inc.*

    241,113  
  201,436    

ITT, Inc.

    10,529,060  
  7,047    

JELD-WEN Holding, Inc.*

    201,474  
  3,121    

John Bean Technologies Corp.

    277,457  
  2,400    

Mercury Systems, Inc.*

    91,344  
  9,004    

Milacron Holdings Corp.*

    170,446  
  562,559    

Rexnord Corp.*

    16,347,964  
  36,412    

SiteOne Landscape Supply, Inc.*

    3,057,516  
  194,904    

SPX FLOW, Inc.*

    8,530,948  
  4,923    

Welbilt, Inc.*

    109,832  
   

 

 

 
      75,451,295  
   

 

 

 
      Commercial & Professional Services - 3.7%  
  5,245    

Advanced Disposal Services, Inc.*

    129,971  
  4,024    

ASGN, Inc.*

    314,637  
  121,363    

Brink’s Co.

    9,678,699  
  3,422    

Clean Harbors, Inc.*

    190,092  
  17,617    

CoStar Group, Inc.*

    7,269,303  
  1,037    

Deluxe Corp.

    68,660  
  5,627    

Exponent, Inc.

    271,784  
  2,535    

Huron Consulting Group, Inc.*

    103,681  
  2,299    

MSA Safety, Inc.

    221,486  
  94,551    

TriNet Group, Inc.*

    5,289,183  
  1,928    

WageWorks, Inc.*

    96,400  
   

 

 

 
      23,633,896  
   

 

 

 
      Consumer Durables & Apparel - 3.8%  
  2,560    

Carter’s, Inc.

    277,478  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 94.5% - (continued)  
      Consumer Durables & Apparel - 3.8% - (continued)  
  4,030    

Installed Building Products, Inc.*

  $ 227,897  
  2,705    

Oxford Industries, Inc.

    224,461  
  189,025    

Skechers USA, Inc. Class A*

    5,672,640  
  7,105    

Steven Madden Ltd.

    377,276  
  71,627    

TopBuild Corp.*

    5,611,259  
  279,286    

TRI Pointe Group, Inc.*

    4,569,119  
  334,100    

Under Armour, Inc. Class C*(1)

    7,042,828  
  19,230    

Under Armour, Inc. Class A*

    432,290  
  9,494    

Wolverine World Wide, Inc.

    330,106  
   

 

 

 
      24,765,354  
   

 

 

 
      Consumer Services - 7.4%  
  292,438    

Boyd Gaming Corp.

    10,135,901  
  909,759    

DraftKings, Inc.*(2)(3)(4)(5)

    1,774,030  
  3,648    

Dunkin’ Brands Group, Inc.(1)

    251,967  
  91,030    

Marriott Vacations Worldwide Corp.

    10,282,749  
  3,269    

Papa John’s International, Inc.

    165,804  
  392,275    

Planet Fitness, Inc. Class A*

    17,236,564  
  147,768    

Wingstop, Inc.

    7,701,668  
   

 

 

 
      47,548,683  
   

 

 

 
      Diversified Financials - 1.1%  
  2,735    

Evercore, Inc. Class A

    288,406  
  88,668    

Green Dot Corp. Class A*

    6,507,345  
  3,319    

OneMain Holdings, Inc.*

    110,489  
  11,538    

SLM Corp.*

    132,110  
   

 

 

 
      7,038,350  
   

 

 

 
      Energy - 1.3%  
  442,997    

Centennial Resource Development, Inc. Class A*

    8,000,526  
  5,956    

Newfield Exploration Co.*

    180,169  
  3,038    

PDC Energy, Inc.*

    183,647  
  7,609    

ProPetro Holding Corp.*

    119,309  
  7,630    

WildHorse Resource Development Corp.*

    193,497  
   

 

 

 
      8,677,148  
   

 

 

 
      Food & Staples Retailing - 2.0%  
  1,596    

Casey’s General Stores, Inc.

    167,708  
  331,699    

Performance Food Group Co.*

    12,173,353  
  2,530    

PriceSmart, Inc.

    228,965  
   

 

 

 
      12,570,026  
   

 

 

 
      Food, Beverage & Tobacco - 0.1%  
  12,959    

Hostess Brands, Inc.*

    176,242  
  1,780    

Post Holdings, Inc.*

    153,116  
   

 

 

 
      329,358  
   

 

 

 
      Health Care Equipment & Services - 7.5%  
  52,900    

Amedisys, Inc.*

    4,520,834  
  6,165    

AtriCure, Inc.*

    166,763  
  5,491    

Cardiovascular Systems, Inc.*

    177,579  
  37,694    

DexCom, Inc.*

    3,580,176  
  138,956    

Globus Medical, Inc. Class A*

    7,011,720  
  71,691    

Hill-Rom Holdings, Inc.

    6,261,492  
  8,730    

HMS Holdings Corp.*

    188,743  
  1,194    

ICU Medical, Inc.*

    350,618  
  199,144    

Insulet Corp.*

    17,066,641  
  3,997    

Integra LifeSciences Holdings Corp.*

    257,447  
  2,402    

Medidata Solutions, Inc.*

    193,505  
  4,649    

Merit Medical Systems, Inc.*

    238,029  
  2,159    

Molina Healthcare, Inc.*

    211,452  
  4,671    

Natus Medical, Inc.*

    161,149  
  142,034    

Omnicell, Inc.*

    7,449,683  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  113  

 


Hartford Small Company HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 94.5% - (continued)  
      Health Care Equipment & Services - 7.5% - (continued)  
  8,664    

OraSure Technologies, Inc.*

  $ 142,696  
  2,823    

Orthofix International N.V.*

    160,403  
  1,200    

Providence Service Corp.*

    94,260  
  1,727    

U.S. Physical Therapy, Inc.

    165,792  
   

 

 

 
      48,398,982  
   

 

 

 
      Insurance - 0.0%  
  5,150    

James River Group Holdings Ltd.

    202,343  
   

 

 

 
      Materials - 6.7%  
  4,615    

Boise Cascade Co.

    206,291  
  133,461    

Cabot Corp.

    8,243,886  
  184,848    

Carpenter Technology Corp.

    9,717,459  
  516,055    

Ferro Corp.*

    10,759,747  
  13,195    

Graphic Packaging Holding Co.

    191,460  
  73,040    

Ingevity Corp.*

    5,906,015  
  6,979    

Louisiana-Pacific Corp.

    189,968  
  10,656    

OMNOVA Solutions, Inc.*

    110,822  
  6,679    

PolyOne Corp.

    288,666  
  288,172    

Summit Materials, Inc. Class A*

    7,564,515  
   

 

 

 
      43,178,829  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 14.0%  
  4,968    

Abeona Therapeutics, Inc.*(1)

    79,488  
  117,935    

Aerie Pharmaceuticals, Inc.*(1)

    7,966,509  
  1,192    

Agios Pharmaceuticals, Inc.*

    100,402  
  163,772    

Amicus Therapeutics, Inc.*

    2,558,119  
  9,673    

Amneal Pharmaceuticals, Inc.*

    158,734  
  2,400    

Aptinyx, Inc.*

    58,008  
  64,498    

Arena Pharmaceuticals, Inc.*

    2,812,113  
  11,480    

Audentes Therapeutics, Inc.*

    438,651  
  63,031    

Blueprint Medicines Corp.*

    4,001,208  
  4,537    

Calithera Biosciences, Inc.*

    22,685  
  6,467    

Catalent, Inc.*

    270,903  
  3,881    

Coherus Biosciences, Inc.*

    54,334  
  65,000    

CRISPR Therapeutics AG*(1)

    3,819,400  
  5,990    

Cytokinetics, Inc.*

    49,717  
  4,590    

Dermira, Inc.*

    42,228  
  120,410    

Exact Sciences Corp.*

    7,199,314  
  5,233    

Five Prime Therapeutics, Inc.*

    82,734  
  3,476    

Flexion Therapeutics, Inc.*(1)

    89,855  
  42,748    

G1 Therapeutics, Inc.*(1)

    1,857,828  
  43,396    

Galapagos N.V. ADR*

    4,000,243  
  33,502    

Global Blood Therapeutics, Inc.*

    1,514,290  
  4,162    

GlycoMimetics, Inc.*

    67,133  
  109,144    

Heron Therapeutics, Inc.*

    4,240,244  
  7,473    

Intersect ENT, Inc.*

    279,864  
  275,288    

Ironwood Pharmaceuticals, Inc.*

    5,263,507  
  2,488    

Jounce Therapeutics, Inc.*(1)

    19,058  
  175,597    

Karyopharm Therapeutics, Inc.*

    2,983,393  
  32,106    

Loxo Oncology, Inc.*

    5,569,749  
  3,861    

Medicines Co.*

    141,699  
  62,816    

MyoKardia, Inc.*

    3,118,814  
  6,136    

NanoString Technologies, Inc.*

    83,940  
  54,995    

Neurocrine Biosciences, Inc.*

    5,402,709  
  72,049    

Portola Pharmaceuticals, Inc.*

    2,721,291  
  80,422    

PRA Health Sciences, Inc.*

    7,508,198  
  1,873    

REGENXBIO, Inc.*(1)

    134,388  
  2,508    

Revance Therapeutics, Inc.*

    68,845  
  71,600    

Rhythm Pharmaceuticals, Inc.*

    2,238,216  
  21,215    

Rigel Pharmaceuticals, Inc.*

    60,038  
  24,127    

Sage Therapeutics, Inc.*

    3,776,599  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 94.5% - (continued)  
      Pharmaceuticals, Biotechnology & Life Sciences - 14.0% -
(continued)
 
  49,503    

Spark Therapeutics, Inc.*

  $ 4,096,868  
  98,195    

Syneos Health, Inc.*

    4,605,345  
  3,204    

Ultragenyx Pharmaceutical, Inc.*

    246,291  
   

 

 

 
      89,802,952  
   

 

 

 
      Real Estate - 0.7%  
  1,049    

Coresite Realty Corp. REIT

    116,250  
  3,732    

Corporate Office Properties Trust REIT

    108,191  
  4,781    

HFF, Inc. Class A, REIT

    164,227  
  11,533    

Sunstone Hotel Investors, Inc. REIT

    191,679  
  163,762    

Xenia Hotels & Resorts, Inc. REIT

    3,989,242  
   

 

 

 
      4,569,589  
   

 

 

 
      Retailing - 5.7%  
  5,016,400    

Allstar Co.*(2)(3)(4)(5)

    2,307,544  
  1,000    

BJ’s Wholesale Club Holdings, Inc.*

    23,650  
  5,045    

Caleres, Inc.

    173,498  
  7,239    

Core-Mark Holding Co., Inc.

    164,325  
  33,281    

Five Below, Inc.*

    3,251,887  
  235,657    

Floor & Decor Holdings, Inc. Class A*

    11,624,960  
  6,441    

Michaels Cos., Inc.*

    123,474  
  91,139    

Shutterfly, Inc.*

    8,205,244  
  43,094    

Tory Burch LLC*(2)(3)(4)(5)

    2,339,144  
  71,903    

Wayfair, Inc. Class A*(1)

    8,539,200  
   

 

 

 
      36,752,926  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 0.7%  
  917    

Advanced Energy Industries, Inc.*

    53,269  
  1,569    

Axcelis Technologies, Inc.*

    31,066  
  5,980    

Cohu, Inc.

    146,570  
  4,295    

Diodes, Inc.*

    148,049  
  91,998    

Entegris, Inc.

    3,118,732  
  16,218    

FormFactor, Inc.*

    215,699  
  1,611    

MKS Instruments, Inc.

    154,173  
  19,149    

Tower Semiconductor Ltd.*

    421,469  
   

 

 

 
      4,289,027  
   

 

 

 
      Software & Services - 17.7%  
  80,046    

2U, Inc.*

    6,688,644  
  6,474    

8x8, Inc.*

    129,804  
  5,910    

Acxiom Corp.*

    177,004  
  1,753    

Blackbaud, Inc.

    179,595  
  4,817    

Blucora, Inc.*

    178,229  
  1,371    

CACI International, Inc. Class A*

    231,082  
  3,793    

Carbonite, Inc.*

    132,376  
  26,343    

Cloudera, Inc.*

    359,319  
  45,143    

EPAM Systems, Inc.*

    5,612,629  
  6,625    

Etsy, Inc.*

    279,509  
  132,267    

Everbridge, Inc.*

    6,272,101  
  50,737    

Fair Isaac Corp.*

    9,808,477  
  199,071    

Five9, Inc.*

    6,881,884  
  154,918    

ForeScout Technologies, Inc.*

    5,307,491  
  126,900    

Globant S.A.*

    7,206,651  
  65,081    

Guidewire Software, Inc.*

    5,777,891  
  64,187    

HubSpot, Inc.*

    8,049,050  
  3,996    

Instructure, Inc.*

    170,030  
  1,627    

LogMeIn, Inc.

    167,988  
  313,959    

Mimecast Ltd.*

    12,938,250  
  3,361    

MINDBODY, Inc. Class A*

    129,735  
  3,856    

MongoDB, Inc.*

    191,373  
  63,652    

Okta, Inc.*

    3,206,151  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  114  

 


Hartford Small Company HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 94.5% - (continued)  
      Software & Services - 17.7% - (continued)  
  3,378    

Paylocity Holding Corp.*

  $ 198,829  
  3,819    

Pegasystems, Inc.

    209,281  
  4,321    

Pivotal Software, Inc. Class A*

    104,871  
  25,515    

Proofpoint, Inc.*

    2,942,135  
  2,002    

Q2 Holdings, Inc.*

    114,214  
  2,917    

Science Applications International Corp.

    236,073  
  230,991    

SendGrid, Inc.*

    6,125,881  
  127,730    

Trade Desk, Inc. Class A*

    11,981,074  
  10,804    

TrueCar, Inc.*(1)

    109,012  
  81,446    

Wix.com Ltd.*

    8,169,034  
  65,148    

Zendesk, Inc.*

    3,549,914  
   

 

 

 
      113,815,581  
   

 

 

 
      Technology Hardware & Equipment - 2.0%  
  2,258    

ePlus, Inc.*

    212,478  
  4,726    

Fabrinet*

    174,342  
  181,889    

II-VI, Inc.*

    7,903,076  
  1,825    

Lumentum Holdings, Inc.*

    105,667  
  1,382    

Rogers Corp.*

    154,038  
  31,591    

Zebra Technologies Corp. Class A*

    4,525,411  
   

 

 

 
      13,075,012  
   

 

 

 
      Telecommunication Services - 0.7%  
  160,066    

Boingo Wireless, Inc.*

    3,615,891  
  8,378    

ORBCOMM, Inc.*

    84,618  
  87,926    

Vonage Holdings Corp.*

    1,133,366  
   

 

 

 
      4,833,875  
   

 

 

 
      Transportation - 1.9%  
  2,316    

Genesee & Wyoming, Inc. Class A*

    188,337  
  284,871    

JetBlue Airways Corp.*

    5,406,852  
  3,102    

Knight-Swift Transportation Holdings, Inc.

    118,527  
  6,850    

Marten Transport Ltd.

    160,633  
  225,024    

Schneider National, Inc. Class B

    6,190,410  
   

 

 

 
      12,064,759  
   

 

 

 
 

Total Common Stocks
(cost $499,165,061)

  $ 608,286,557  
   

 

 

 
EXCHANGE-TRADED FUNDS - 0.2%  
      Other Investment Pools & Funds - 0.2%  
  4,644    

iShares Russell 2000 Growth ETF(1)

  $ 948,909  
   

 

 

 
 

Total Exchange-Traded Funds
(cost $867,119)

  $ 948,909  
   

 

 

 
PREFERRED STOCKS - 3.1%  
      Pharmaceuticals, Biotechnology & Life Sciences - 0.0%  
  92,420    

Sancilio & Co., Inc.*(2)(3)(4)(5)

  $  
   

 

 

 
      Retailing - 0.4%  
  74,004    

Honest Co.*(2)(3)(4)(5)

    2,617,521  
   

 

 

 
      Software & Services - 2.7%  
  410,300    

MarkLogic Corp. Series F*(2)(3)(4)(5)

    4,103,000  
  513,066    

Zuora, Inc. Series F*(3)(4)(5)(6)

    13,156,837  
   

 

 

 
      17,259,837  
   

 

 

 
 

Total Preferred Stocks
(cost $12,340,141)

  $ 19,877,358  
   

 

 

 
Shares or Principal Amount   Market Value  
ESCROWS - 0.1%  
      Software & Services - 0.1%  
  157,023    

Veracode, Inc. Escrow*(2)(3)(4)(5)

  $ 631,232  
   

 

 

 
      Telecommunication Services - 0.0%  
  41,522    

Docusign Earnout, Escrow*(2)(3)(4)(5)

    93,425  
   

 

 

 
 

Total Escrows
(cost $—)

  $ 724,657  
   

 

 

 
 

Total Long-Term Investments
(cost $512,372,321)

  $ 629,837,481  
   

 

 

 
SHORT-TERM INVESTMENTS - 3.5%  
      Other Investment Pools & Funds - 1.8%  
  11,494,642    

BlackRock Liquidity Funds TempFund Portfolio, Institutional Class,
1.84%(7)

  $ 11,494,642  
   

 

 

 
      Securities Lending Collateral - 1.7%  
  564,128    

Citibank NA DDCA,
1.91%, 7/2/2018(7)

    564,128  
  3,810,647    

Goldman Sachs Financial Square Funds, Government Institutional Fund,
1.81%(7)

    3,810,647  
  3,540,868    

Invesco Government & Agency Portfolio,
1.81%(7)

    3,540,868  
  1,044,651    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 1.84%(7)

    1,044,651  
  2,322,270    

Western Asset Institutional Government Class A Fund,
1.79%(7)

    2,322,270  
   

 

 

 
      11,282,564  
   

 

 

 
 

Total Short-Term Investments
(cost $22,777,206)

  $ 22,777,206  
   

 

 

 
 

Total Investments
(cost $535,149,527)

    101.4    $ 652,614,687  
 

Other Assets and Liabilities

    (1.4 )%       (9,191,041
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 643,423,646  
   

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  115  

 


Hartford Small Company HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note:

Percentage of investments as shown is the ratio of the total market value to total net assets.

 

    

Prices of foreign equities that are principally traded on certain foreign markets will generally be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

 

    

Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s.

 

    

For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

*

Non-income producing.

 

(1) 

Represents entire or partial securities on loan. See Note 8 in the accompanying Notes to Financial Statements for securities lending information.

 

(2) 

Investment valued using significant unobservable inputs.

 

(3) 

Securities issued within terms of a private placement memorandum and exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold to qualified institutional buyers. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2018, the aggregate value of these securities was $27,022,733, which represented 4.2% of total net assets.

 

(4) 

These securities are valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2018, the aggregate fair value of these securities was $27,022,733, which represented 4.2% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

 

(5) 

This security has been identified as illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time. The identification of illiquid securities is unaudited. At June 30, 2018, the aggregate value of these securities was $27,022,733, which represented 4.2% of total net assets.

 

(6) 

The following illiquid securities are considered restricted due to a contractual lock-up period associated with the securities.

 

Period
Acquired

  

Security Name

   Shares/Par
Value
   Base
Total Cost
     Base
Market
Value
 
   Zuora, Inc. Series F Preferred    513,066    $     3,898,583      $     13,156,837  

 

(7) 

Current yield as of period end.

 

 

See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Other Abbreviations:

ADR

   American Depositary Receipt

DDCA

   Dollars on Deposit in Custody Account

ETF

   Exchange-Traded Fund

REIT

   Real Estate Investment Trust

 

The accompanying notes are an integral part of these financial statements.

 

 

  116  

 


Hartford Small Company HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total      Level 1(1)      Level 2(1)      Level 3(1)  

Assets

 

Common Stocks

 

Automobiles & Components

   $ 548,076      $ 548,076      $      $  

Banks

     36,740,496        36,740,496                

Capital Goods

     75,451,295        75,451,295                

Commercial & Professional Services

     23,633,896        23,633,896                

Consumer Durables & Apparel

     24,765,354        24,765,354                

Consumer Services

     47,548,683        45,774,653               1,774,030  

Diversified Financials

     7,038,350        7,038,350                

Energy

     8,677,148        8,677,148                

Food & Staples Retailing

     12,570,026        12,570,026                

Food, Beverage & Tobacco

     329,358        329,358                

Health Care Equipment & Services

     48,398,982        48,398,982                

Insurance

     202,343        202,343                

Materials

     43,178,829        43,178,829                

Pharmaceuticals, Biotechnology & Life Sciences

     89,802,952        89,802,952                

Real Estate

     4,569,589        4,569,589                

Retailing

     36,752,926        32,106,238               4,646,688  

Semiconductors & Semiconductor Equipment

     4,289,027        4,289,027                

Software & Services

     113,815,581        113,815,581                

Technology Hardware & Equipment

     13,075,012        13,075,012                

Telecommunication Services

     4,833,875        4,833,875                

Transportation

     12,064,759        12,064,759                

Exchange-Traded Funds

     948,909        948,909                

Preferred Stocks

     19,877,358                      19,877,358  

Escrows

     724,657                      724,657  

Short-Term Investments

     22,777,206        22,777,206                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     652,614,687      $     625,591,954      $     —      $     27,022,733  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) For the six-month period ended June 30, 2018, there were no transfers between any levels.

The following is a rollforward of the Fund’s investments that were valued using unobservable inputs (Level 3) for the six-month period ended June 30, 2018:

 

     Common
Stocks
    Preferred
Stocks
     Escrows      Total  

Beginning balance

   $ 5,046,165     $ 12,389,626      $      $ 17,435,791  

Conversion*

     (631,232        631,232         

Purchases

                          

Sales

                          

Accrued discounts/(premiums)

                          

Total realized gain/(loss)

                  

Net change in unrealized appreciation/depreciation

     2,005,785       7,487,732        93,425        9,586,942  

Transfers into Level 3

                          

Transfers out of Level 3

                          
  

 

 

   

 

 

    

 

 

    

 

 

 

Ending balance

   $     6,420,718     $     19,877,358      $     724,657      $     27,022,733  
  

 

 

   

 

 

    

 

 

    

 

 

 

 

* Private Equity security that was a preferred stock is now trading as a common stock

The change in net unrealized appreciation/(depreciation) relating to the Level 3 investments held at June 30, 2018 was $9,586,942.

 

The accompanying notes are an integral part of these financial statements.

 

 

  117  

 


Hartford Small/Mid Cap Equity HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.8%  
      Automobiles & Components - 1.2%  
  6,004    

Lear Corp.

  $ 1,115,603  
   

 

 

 
      Banks - 5.4%  
  6,123    

Bank of NT Butterfield & Son Ltd.

    279,943  
  17,133    

Cadence BanCorp.

    494,630  
  4,155    

Cullen/Frost Bankers, Inc.

    449,737  
  10,856    

Essent Group Ltd.*

    388,862  
  557    

First Citizens BancShares, Inc. Class A

    224,638  
  27,143    

MGIC Investment Corp.*

    290,973  
  34,892    

OFG Bancorp.

    490,233  
  5,006    

Opus Bank

    143,672  
  27,009    

Popular, Inc.

    1,221,077  
  2,126    

Preferred Bank

    130,664  
  29,855    

TCF Financial Corp.

    735,030  
  4,754    

Walker & Dunlop, Inc.

    264,560  
   

 

 

 
      5,114,019  
   

 

 

 
      Capital Goods - 7.5%  
  3,137    

AGCO Corp.

    190,479  
  14,647    

Allison Transmission Holdings, Inc.

    593,057  
  9,813    

Briggs & Stratton Corp.

    172,807  
  8,072    

Continental Building Products, Inc.*

    254,672  
  6,682    

EMCOR Group, Inc.

    509,035  
  4,236    

EnerSys

    316,175  
  24,381    

Enphase Energy, Inc.*(1)

    164,084  
  4,323    

Fluor Corp.

    210,876  
  4,279    

Generac Holdings, Inc.*

    221,353  
  5,004    

Greenbrier Cos., Inc.

    263,961  
  5,009    

HD Supply Holdings, Inc.*

    214,836  
  2,551    

Huntington Ingalls Industries, Inc.

    553,031  
  1,840    

Hyster-Yale Materials Handling, Inc.

    118,220  
  10,355    

Owens Corning

    656,196  
  8,049    

Regal-Beloit Corp.

    658,408  
  3,154    

Rush Enterprises, Inc. Class A*

    136,820  
  15,326    

Spirit Aerosystems Holdings, Inc. Class A

    1,316,657  
  6,119    

Terex Corp.

    258,161  
  14,201    

Titan Machinery, Inc.*

    220,825  
  3,984    

Vectrus, Inc.*

    122,787  
   

 

 

 
      7,152,440  
   

 

 

 
      Commercial & Professional Services - 2.8%  
  11,930    

ACCO Brands Corp.

    165,230  
  3,035    

Barrett Business Services, Inc.

    293,090  
  1,475    

Cimpress N.V.*

    213,816  
  1,567    

Insperity, Inc.

    149,257  
  6,310    

Kelly Services, Inc. Class A

    141,659  
  3,183    

Kimball International, Inc. Class B

    51,437  
  8,225    

LSC Communications, Inc.

    128,804  
  2,550    

ManpowerGroup, Inc.

    219,453  
  3,186    

McGrath Rent Corp.

    201,578  
  9,279    

Quad/Graphics, Inc.

    193,282  
  11,987    

Robert Half International, Inc.

    780,354  
  23,657    

RR Donnelley & Sons Co.

    136,264  
   

 

 

 
      2,674,224  
   

 

 

 
      Consumer Durables & Apparel - 3.3%  
  12,092    

Beazer Homes USA, Inc.*

    178,357  
  8,670    

Crocs, Inc.*

    152,679  
  3,361    

CSS Industries, Inc.

    56,801  
  4,929    

Fossil Group, Inc.*

    132,442  
  8,795    

KB Home

    239,576  
  7,622    

La-Z-Boy, Inc.

    233,233  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.8% - (continued)  
      Consumer Durables & Apparel - 3.3% - (continued)  
  7,755    

Lululemon Athletica, Inc.*

  $ 968,212  
  6,448    

Michael Kors Holdings Ltd.*

    429,437  
  1,231    

Polaris Industries, Inc.

    150,403  
  6,919    

PulteGroup, Inc.

    198,921  
  1,939    

Ralph Lauren Corp.

    243,771  
  3,310    

Toll Brothers, Inc.

    122,437  
   

 

 

 
      3,106,269  
   

 

 

 
      Consumer Services - 4.9%  
  8,500    

American Public Education, Inc.*

    357,850  
  3,811    

BJ’s Restaurants, Inc.

    228,660  
  6,638    

Bloomin’ Brands, Inc.

    133,424  
  576    

Churchill Downs, Inc.

    170,784  
  2,034    

DineEquity, Inc.

    152,143  
  823    

Graham Holdings Co. Class B

    482,360  
  3,008    

Grand Canyon Education, Inc.*

    335,723  
  9,825    

Hyatt Hotels Corp. Class A

    757,999  
  24,672    

International Speedway Corp. Class A

    1,102,838  
  9,031    

K12, Inc.*

    147,838  
  9,536    

Penn National Gaming, Inc.*

    320,314  
  15,798    

Ruth’s Hospitality Group, Inc.

    443,134  
   

 

 

 
      4,633,067  
   

 

 

 
      Diversified Financials - 5.1%  
  14,900    

AG Mortgage Investment Trust, Inc. REIT

    279,971  
  14,129    

Apollo Commercial Real Estate Finance, Inc. REIT

    258,278  
  26,041    

ARMOUR Residential, Inc. REIT

    593,995  
  12,472    

Banco Latinoamericano de Comercio Exterior S.A. ADR

    306,936  
  8,171    

Cherry Hill Mortgage Investment Corp. REIT

    145,934  
  19,554    

Chimera Investment Corp. REIT

    357,447  
  17,081    

E*TRADE Financial Corp.*

    1,044,674  
  5,886    

Green Dot Corp. Class A*

    431,973  
  15,317    

Invesco Mortgage Capital, Inc. REIT

    243,540  
  7,070    

Legg Mason, Inc.

    245,541  
  3,866    

LPL Financial Holdings, Inc.

    253,378  
  3,000    

Redwood Trust, Inc. REIT

    49,410  
  23,650    

Two Harbors Investment Corp. REIT

    373,670  
  6,521    

Virtu Financial, Inc. Class A

    173,133  
  9,076    

Western Asset Mortgage Capital Corp. REIT

    94,572  
   

 

 

 
      4,852,452  
   

 

 

 
      Energy - 5.5%  
  2,693    

Arch Coal, Inc. Class A

    211,212  
  7,967    

CVR Energy, Inc.(1)

    294,699  
  9,433    

Delek U.S. Holdings, Inc.

    473,254  
  13,760    

HollyFrontier Corp.

    941,597  
  13,943    

Matrix Service Co.*

    255,854  
  16,161    

Murphy Oil Corp.

    545,757  
  14,802    

Par Pacific Holdings, Inc.*

    257,259  
  11,148    

PBF Energy, Inc. Class A

    467,436  
  12,921    

Peabody Energy Corp.

    587,647  
  2,880    

REX American Resources Corp.*

    233,194  
  2,683    

SEACOR Holdings, Inc.*

    153,655  
  71,876    

W&T Offshore, Inc.*

    513,913  
  5,000    

Whiting Petroleum Corp.*

    263,600  
   

 

 

 
      5,199,077  
   

 

 

 
      Food & Staples Retailing - 0.2%  
  3,231    

Weis Markets, Inc.

    172,342  
   

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  118  

 


Hartford Small/Mid Cap Equity HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.8% - (continued)  
      Food, Beverage & Tobacco - 1.3%  
  2,018    

Boston Beer Co., Inc. Class A*

  $ 604,795  
  31,200    

Pilgrim’s Pride Corp.*

    628,056  
   

 

 

 
      1,232,851  
   

 

 

 
      Health Care Equipment & Services - 5.6%  
  7,536    

AngioDynamics, Inc.*

    167,601  
  856    

Chemed Corp.

    275,469  
  6,834    

Encompass Health Corp.

    462,798  
  8,628    

Haemonetics Corp.*

    773,759  
  10,030    

HealthStream, Inc.

    273,919  
  485    

ICU Medical, Inc.*

    142,420  
  15,234    

Meridian Bioscience, Inc.

    242,221  
  3,124    

Molina Healthcare, Inc.*

    305,965  
  2,100    

Providence Service Corp.*

    164,955  
  11,368    

Quality Systems, Inc.*

    221,676  
  12,264    

RadNet, Inc.*

    183,960  
  3,787    

SurModics, Inc.*

    209,042  
  5,759    

Tenet Healthcare Corp.*

    193,330  
  15,254    

Triple-S Management Corp. Class B*

    595,821  
  4,458    

WellCare Health Plans, Inc.*

    1,097,738  
   

 

 

 
      5,310,674  
   

 

 

 
      Household & Personal Products - 2.0%  
  7,282    

Medifast, Inc.

    1,166,285  
  6,349    

USANA Health Sciences, Inc.*

    732,040  
   

 

 

 
      1,898,325  
   

 

 

 
      Insurance - 3.2%  
  9,178    

Ambac Financial Group, Inc.*

    182,183  
  6,289    

American Equity Investment Life Holding Co.

    226,404  
  4,213    

American National Insurance Co.

    503,833  
  20,550    

Assured Guaranty Ltd.

    734,252  
  44,313    

Old Republic International Corp.

    882,272  
  6,462    

Torchmark Corp.

    526,071  
   

 

 

 
      3,055,015  
   

 

 

 
      Materials - 3.9%  
  7,620    

Alcoa Corp.*

    357,226  
  3,296    

Boise Cascade Co.

    147,331  
  11,015    

CF Industries Holdings, Inc.

    489,066  
  3,995    

Chemours Co.

    177,218  
  15,515    

Domtar Corp.

    740,686  
  7,000    

Huntsman Corp.

    204,400  
  12,307    

Louisiana-Pacific Corp.

    334,996  
  2,670    

Steel Dynamics, Inc.

    122,686  
  7,881    

Stepan Co.

    614,797  
  13,734    

SunCoke Energy, Inc.*

    184,036  
  6,715    

United States Steel Corp.

    233,346  
  1,293    

Westlake Chemical Corp.

    139,166  
   

 

 

 
      3,744,954  
   

 

 

 
      Media - 1.5%  
  10,789    

AMC Entertainment Holdings, Inc. Class A

    171,545  
  53,587    

Entravision Communications Corp. Class A

    267,935  
  14,783    

Gannett Co., Inc.

    158,178  
  18,896    

New Media Investment Group, Inc.

    349,198  
  7,233    

tronc, Inc.*

    124,986  
  5,054    

World Wrestling Entertainment, Inc. Class A(1)

    368,033  
   

 

 

 
      1,439,875  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 7.1%  
  6,541    

Acorda Therapeutics, Inc.*

    187,727  
  6,850    

AMAG Pharmaceuticals, Inc.*

    133,575  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.8% - (continued)  
      Pharmaceuticals, Biotechnology & Life Sciences - 7.1% -
(continued)
 
  37,767    

Ardelyx, Inc.*

  $ 139,738  
  29,345    

ArQule, Inc.*

    162,278  
  8,681    

Array BioPharma, Inc.*

    145,667  
  13,329    

Bruker Corp.

    387,074  
  13,641    

ChemoCentryx, Inc.*

    179,652  
  11,420    

Concert Pharmaceuticals, Inc.*

    192,199  
  14,417    

CytomX Therapeutics, Inc.*

    329,573  
  27,858    

Edge Therapeutics, Inc.*(1)

    28,694  
  5,222    

Editas Medicine, Inc.*

    187,104  
  7,685    

Emergent BioSolutions, Inc.*

    388,016  
  4,310    

Enanta Pharmaceuticals, Inc.*

    499,529  
  28,113    

Horizon Pharma plc*

    465,551  
  21,260    

ImmunoGen, Inc.*

    206,860  
  28,968    

Inovio Pharmaceuticals, Inc.*(1)

    113,555  
  10,104    

Lannett Co., Inc.*(1)

    137,414  
  8,416    

Luminex Corp.

    248,524  
  7,555    

MacroGenics, Inc.*

    156,011  
  8,877    

Mallinckrodt plc*

    165,645  
  5,930    

Medpace Holdings, Inc.*

    254,990  
  111,984    

Novavax, Inc.*

    150,058  
  122,681    

PDL BioPharma, Inc.*

    287,073  
  29,731    

Pieris Pharmaceuticals, Inc.*

    150,736  
  19,931    

Retrophin, Inc.*

    543,319  
  12,364    

Sangamo Therapeutics, Inc.*

    175,569  
  6,356    

United Therapeutics Corp.*

    719,181  
   

 

 

 
      6,735,312  
   

 

 

 
      Real Estate - 10.6%  
  5,297    

Agree Realty Corp. REIT

    279,523  
  55,800    

Brandywine Realty Trust REIT

    941,904  
  57,259    

Brixmor Property Group, Inc. REIT

    998,024  
  16,280    

Chatham Lodging Trust REIT

    345,462  
  18,505    

CoreCivic, Inc. REIT

    442,085  
  13,632    

Forestar Group, Inc.*(1)

    282,864  
  18,295    

Gaming and Leisure Properties, Inc. REIT

    654,961  
  10,659    

Global Net Lease, Inc. REIT

    217,763  
  14,037    

Hersha Hospitality Trust REIT

    301,094  
  25,723    

Hospitality Properties Trust REIT

    735,935  
  14,114    

Independence Realty Trust, Inc. REIT

    145,515  
  13,275    

iStar, Inc. REIT*

    143,237  
  2,301    

Jones Lang LaSalle, Inc. REIT

    381,943  
  2,094    

Life Storage, Inc. REIT

    203,767  
  4,651    

Park Hotels & Resorts, Inc. REIT

    142,460  
  31,138    

Piedmont Office Realty Trust, Inc. Class A, REIT

    620,580  
  31,400    

Ramco-Gershenson Properties Trust REIT

    414,794  
  75,372    

Retail Properties of America, Inc. Class A, REIT

    963,254  
  15,713    

Sabra Healthcare, Inc. REIT

    341,444  
  36,070    

Select Income REIT

    810,493  
  28,914    

Spirit Realty Capital, Inc. REIT

    232,180  
  4,451    

Weingarten Realty Investors REIT

    137,135  
  11,600    

Xenia Hotels & Resorts, Inc. REIT

    282,576  
   

 

 

 
      10,018,993  
   

 

 

 
      Retailing - 3.3%  
  8,130    

Abercrombie & Fitch Co. Class A

    199,023  
  38,718    

Ascena Retail Group, Inc.*

    154,291  
  1,344    

Burlington Stores, Inc.*

    202,312  
  5,826    

Cato Corp. Class A

    143,436  
  17,405    

Chico’s FAS, Inc.

    141,677  
  5,699    

DSW, Inc. Class A

    147,148  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  119  

 


Hartford Small/Mid Cap Equity HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.8% - (continued)  
      Retailing - 3.3% - (continued)  
  3,599    

Genesco, Inc.*

  $ 142,880  
  6,038    

Guess?, Inc.

    129,213  
  17,110    

J. Jill, Inc.*

    159,807  
  2,246    

Kohl’s Corp.

    163,733  
  5,643    

Lands’ End, Inc.*

    157,440  
  7,586    

Liberty Expedia Holdings, Inc. Class A*

    333,329  
  10,460    

Liberty TripAdvisor Holdings, Inc. Class A*

    168,406  
  4,461    

Shoe Carnival, Inc.

    144,760  
  4,560    

Shutterfly, Inc.*

    410,537  
  7,277    

Tailored Brands, Inc.

    185,709  
  4,531    

Urban Outfitters, Inc.*

    201,856  
   

 

 

 
      3,185,557  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 2.0%  
  24,666    

Amkor Technology, Inc.*

    211,881  
  4,517    

Diodes, Inc.*

    155,701  
  5,694    

First Solar, Inc.*

    299,846  
  23,801    

ON Semiconductor Corp.*

    529,215  
  14,321    

Teradyne, Inc.

    545,201  
  8,434    

Xperi Corp.

    135,787  
   

 

 

 
      1,877,631  
   

 

 

 
      Software & Services - 11.1%  
  3,038    

Bottomline Technologies de, Inc.*

    151,383  
  2,626    

Broadridge Financial Solutions, Inc.

    302,253  
  6,081    

Cardtronics plc Class A*

    147,039  
  29,431    

Conduent, Inc.*

    534,761  
  18,250    

Convergys Corp.

    446,030  
  9,930    

Etsy, Inc.*

    418,947  
  2,444    

Euronet Worldwide, Inc.*

    204,734  
  21,255    

Fortinet, Inc.*

    1,326,950  
  27,822    

Glu Mobile, Inc.*

    178,339  
  5,489    

ManTech International Corp. Class A

    294,430  
  10,867    

MAXIMUS, Inc.

    674,949  
  1,092    

MicroStrategy, Inc. Class A*

    139,503  
  4,623    

New Relic, Inc.*

    465,027  
  5,800    

Perficient, Inc.*

    152,946  
  9,226    

Presidio, Inc.*

    120,861  
  9,895    

Progress Software Corp.

    384,124  
  15,680    

QuinStreet, Inc.*

    199,136  
  9,060    

Shutterstock, Inc.*

    429,988  
  11,975    

Sykes Enterprises, Inc.*

    344,640  
  16,306    

Synchronoss Technologies, Inc.*

    100,608  
  5,456    

Syntel, Inc.*

    175,083  
  7,668    

Tableau Software, Inc. Class A*

    749,547  
  13,648    

TechTarget, Inc.*

    387,603  
  21,393    

Teradata Corp.*

    858,929  
  13,152    

Travelport Worldwide Ltd.

    243,838  
  7,089    

TTEC Holdings, Inc.

    244,925  
  25,611    

Unisys Corp.*

    330,382  
  2,859    

Virtusa Corp.*

    139,176  
  7,596    

Yelp, Inc.*

    297,611  
  18,639    

Zynga, Inc. Class A*

    75,861  
   

 

 

 
      10,519,603  
   

 

 

 
      Technology Hardware & Equipment - 2.9%  
  34,899    

AVX Corp.

    546,868  
  4,639    

Comtech Telecommunications Corp.

    147,891  
  9,312    

Immersion Corp.*

    143,777  
  17,752    

Jabil, Inc.

    491,020  
  6,273    

NETGEAR, Inc.*

    392,063  
  5,252    

Tech Data Corp.*

    431,294  
  24,331    

Vishay Intertechnology, Inc.

    564,479  
   

 

 

 
      2,717,392  
   

 

 

 
Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.8% - (continued)  
      Telecommunication Services - 1.0%  
  7,677    

Boingo Wireless, Inc.*

  $ 173,423  
  27,100    

Telephone & Data Systems, Inc.

    743,082  
   

 

 

 
      916,505  
   

 

 

 
      Transportation - 2.9%  
  4,114    

ArcBest Corp.

    188,010  
  4,253    

Avis Budget Group, Inc.*

    138,222  
  2,126    

Copa Holdings S.A. Class A

    201,162  
  5,767    

Hawaiian Holdings, Inc.

    207,324  
  3,684    

Hertz Global Holdings, Inc.*

    56,513  
  25,647    

JetBlue Airways Corp.*

    486,780  
  5,995    

Old Dominion Freight Line, Inc.

    893,015  
  6,120    

XPO Logistics, Inc.*

    613,102  
   

 

 

 
      2,784,128  
   

 

 

 
      Utilities - 4.5%  
  18,520    

National Fuel Gas Co.

    980,819  
  12,163    

NRG Energy, Inc.

    373,404  
  14,391    

OGE Energy Corp.

    506,707  
  14,716    

Pinnacle West Capital Corp.

    1,185,522  
  12,947    

Portland General Electric Co.

    553,614  
  28,374    

Vistra Energy Corp.*

    671,329  
   

 

 

 
      4,271,395  
   

 

 

 
 

Total Common Stocks
(cost $81,064,891)

  $ 93,727,703  
   

 

 

 
 

Total Long-Term Investments
(cost $81,064,891)

  $ 93,727,703  
   

 

 

 
SHORT-TERM INVESTMENTS - 2.3%  
      Other Investment Pools & Funds - 1.1%      
  1,063,213    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class,
1.84%(2)

  $ 1,063,213  
   

 

 

 
      Securities Lending Collateral - 1.2%      
  56,531    

Citibank NA DDCA,
1.91%, 7/2/2018(2)

    56,531  
  381,860    

Goldman Sachs Financial Square Funds, Government Institutional Fund,
1.81%(2)

    381,860  
  354,825    

Invesco Government & Agency Portfolio,
1.81%(2)

    354,825  
  104,683    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 1.84%(2)

    104,683  
  232,711    

Western Asset Institutional Government Class A Fund,
1.79%(2)

    232,711  
   

 

 

 
      1,130,610  
   

 

 

 
 

Total Short-Term Investments
(cost $2,193,823)

  $ 2,193,823  
   

 

 

 
 

Total Investments
(cost $83,258,714)

    101.1    $ 95,921,526  
 

Other Assets and Liabilities

    (1.1 )%       (1,083,086
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 94,838,440  
   

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  120  

 


Hartford Small/Mid Cap Equity HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note:

Percentage of investments as shown is the ratio of the total market value to total net assets.

 

    

Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s.

 

    

For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

*

Non-income producing.

 

(1) 

Represents entire or partial securities on loan. See Note 8 in the accompanying Notes to Financial Statements for securities lending information.

 

(2) 

Current yield as of period end.

 

 

See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Other Abbreviations:

ADR

   American Depositary Receipt

DDCA

   Dollars on Deposit in Custody Account

REIT

   Real Estate Investment Trust

 

The accompanying notes are an integral part of these financial statements.

 

 

  121  

 


Hartford Small/Mid Cap Equity HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total      Level 1(1)      Level 2(1)      Level 3(1)  

Assets

           

Common Stocks

           

Automobiles & Components

   $ 1,115,603      $ 1,115,603      $      $  

Banks

     5,114,019        5,114,019                

Capital Goods

     7,152,440        7,152,440                

Commercial & Professional Services

     2,674,224        2,674,224                

Consumer Durables & Apparel

     3,106,269        3,106,269                

Consumer Services

     4,633,067        4,633,067                

Diversified Financials

     4,852,452        4,852,452                

Energy

     5,199,077        5,199,077                

Food & Staples Retailing

     172,342        172,342                

Food, Beverage & Tobacco

     1,232,851        1,232,851                

Health Care Equipment & Services

     5,310,674        5,310,674                

Household & Personal Products

     1,898,325        1,898,325                

Insurance

     3,055,015        3,055,015                

Materials

     3,744,954        3,744,954                

Media

     1,439,875        1,439,875                

Pharmaceuticals, Biotechnology & Life Sciences

     6,735,312        6,735,312                

Real Estate

     10,018,993        10,018,993                

Retailing

     3,185,557        3,185,557                

Semiconductors & Semiconductor Equipment

     1,877,631        1,877,631                

Software & Services

     10,519,603        10,519,603                

Technology Hardware & Equipment

     2,717,392        2,717,392                

Telecommunication Services

     916,505        916,505                

Transportation

     2,784,128        2,784,128                

Utilities

     4,271,395        4,271,395                

Short-Term Investments

     2,193,823        2,193,823                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     95,921,526      $     95,921,526      $     —      $     —  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1)  For the six-month period ended June 30, 2018, there were no transfers between any levels.

 

The accompanying notes are an integral part of these financial statements.

 

 

  122  

 


Hartford Stock HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.4%  
      Banks - 2.3%  
  243,601    

PNC Financial Services Group, Inc.

  $ 32,910,495  
   

 

 

 
      Capital Goods - 10.8%  
  181,929    

General Dynamics Corp.

    33,913,385  
  222,765    

Honeywell International, Inc.

    32,089,298  
  114,242    

Lockheed Martin Corp.

    33,750,514  
  113,701    

Northrop Grumman Corp.

    34,985,798  
  175,748    

United Technologies Corp.

    21,973,772  
   

 

 

 
      156,712,767  
   

 

 

 
      Consumer Durables & Apparel - 6.1%  
  818,534    

NIKE, Inc. Class B

    65,220,789  
  275,423    

VF Corp.

    22,452,483  
   

 

 

 
      87,673,272  
   

 

 

 
      Consumer Services - 3.7%  
  201,671    

McDonald’s Corp.

    31,599,829  
  444,810    

Starbucks Corp.

    21,728,968  
   

 

 

 
      53,328,797  
   

 

 

 
      Diversified Financials - 4.3%  
  363,062    

American Express Co.

    35,580,076  
  54,691    

BlackRock, Inc.

    27,292,997  
   

 

 

 
      62,873,073  
   

 

 

 
      Energy - 3.2%  
  267,009    

Exxon Mobil Corp.

    22,089,654  
  349,390    

Schlumberger Ltd.

    23,419,612  
   

 

 

 
      45,509,266  
   

 

 

 
      Food & Staples Retailing - 4.1%  
  202,209    

Costco Wholesale Corp.

    42,257,637  
  277,648    

Walgreens Boots Alliance, Inc.

    16,663,044  
   

 

 

 
      58,920,681  
   

 

 

 
      Food, Beverage & Tobacco - 7.7%  
  877,722    

Coca-Cola Co.

    38,496,887  
  898,224    

Diageo plc

    32,269,512  
  374,097    

PepsiCo., Inc.

    40,727,940  
   

 

 

 
      111,494,339  
   

 

 

 
      Health Care Equipment & Services - 9.7%  
  332,347    

Cardinal Health, Inc.

    16,228,504  
  287,313    

Danaher Corp.

    28,352,047  
  167,506    

McKesson Corp.

    22,345,300  
  426,675    

Medtronic plc

    36,527,647  
  151,058    

UnitedHealth Group, Inc.

    37,060,570  
   

 

 

 
      140,514,068  
   

 

 

 
      Household & Personal Products - 3.4%  
  528,605    

Colgate-Palmolive Co.

    34,258,890  
  198,429    

Procter & Gamble Co.

    15,489,368  
   

 

 

 
      49,748,258  
   

 

 

 
      Insurance - 4.9%  
  298,509    

Chubb Ltd.

    37,916,613  
  407,270    

Marsh & McLennan Cos., Inc.

    33,383,922  
   

 

 

 
      71,300,535  
   

 

 

 
      Materials - 4.2%  
  197,878    

Ecolab, Inc.

    27,768,220  
  209,886    

Praxair, Inc.

    33,193,471  
   

 

 

 
      60,961,691  
   

 

 

 
Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.4% - (continued)  
      Pharmaceuticals, Biotechnology & Life Sciences - 5.6%  
  147,059    

Amgen, Inc.

  $ 27,145,621  
  262,170    

Johnson & Johnson

    31,811,708  
  366,316    

Merck & Co., Inc.

    22,235,381  
   

 

 

 
      81,192,710  
   

 

 

 
      Real Estate - 5.4%      
  294,413    

American Tower Corp. REIT

    42,445,522  
  159,894    

Public Storage REIT

    36,273,553  
   

 

 

 
      78,719,075  
   

 

 

 
      Retailing - 4.3%      
  9,440,100    

Allstar Co.*(1)(2)(3)(4)

    4,342,446  
  600,187    

TJX Cos., Inc.

    57,125,799  
   

 

 

 
      61,468,245  
   

 

 

 
      Software & Services - 10.4%      
  237,220    

Accenture plc Class A

    38,806,820  
  142,689    

Automatic Data Processing, Inc.

    19,140,302  
  526,814    

Microsoft Corp.

    51,949,129  
  307,049    

Visa, Inc. Class A

    40,668,640  
   

 

 

 
      150,564,891  
   

 

 

 
      Transportation - 8.3%      
  570,048    

Canadian National Railway Co.

    46,626,297  
  309,860    

Union Pacific Corp.

    43,900,965  
  282,563    

United Parcel Service, Inc. Class B

    30,016,667  
   

 

 

 
      120,543,929  
   

 

 

 
 

Total Common Stocks
(cost $1,110,273,883)

  $ 1,424,436,092  
   

 

 

 
 

Total Long-Term Investments
(cost $1,110,273,883)

  $ 1,424,436,092  
   

 

 

 
SHORT-TERM INVESTMENTS - 1.5%  
      Other Investment Pools & Funds - 1.5%      
  21,840,468    

Fidelity Institutional Government Fund, Institutional Class,
1.80%(5)

  $ 21,840,468  
   

 

 

 
 

Total Short-Term Investments
(cost $21,840,468)

  $ 21,840,468  
   

 

 

 
 

Total Investments
(cost $1,132,114,351)

    99.9    $ 1,446,276,560  
 

Other Assets and Liabilities

    0.1      1,312,893  
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 1,447,589,453  
   

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  123  

 


Hartford Stock HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

 

     Prices of foreign equities that are principally traded on certain foreign markets will generally be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

 

     Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s.

 

     For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

* Non-income producing.

 

(1)  Investment valued using significant unobservable inputs.

 

(2)  Securities issued within terms of a private placement memorandum and exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold to qualified institutional buyers. Unless otherwise indicated, this holding is determined to be liquid. At June 30, 2018, the aggregate value of this security was $4,342,446, which represented 0.3% of total net assets.

 

(3)  This security is valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2018, the aggregate fair value of this security was $4,342,446, which represented 0.3% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

 

(4)  This security has been identified as illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time. The identification of illiquid securities is unaudited. At June 30, 2018, the aggregate value of this security was $4,342,446, which represented 0.3% of total net assets.

 

(5)  Current yield as of period end.

 

  See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Other Abbreviations:

REIT

   Real Estate Investment Trust

 

The accompanying notes are an integral part of these financial statements.

 

 

  124  

 


Hartford Stock HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total      Level 1(1)      Level 2(1)      Level 3(1)  

Assets

           

Common Stocks

           

Banks

   $ 32,910,495      $ 32,910,495      $      $  

Capital Goods

     156,712,767        156,712,767                

Consumer Durables & Apparel

     87,673,272        87,673,272                

Consumer Services

     53,328,797        53,328,797                

Diversified Financials

     62,873,073        62,873,073                

Energy

     45,509,266        45,509,266                

Food & Staples Retailing

     58,920,681        58,920,681                

Food, Beverage & Tobacco

     111,494,339        79,224,827        32,269,512         

Health Care Equipment & Services

     140,514,068        140,514,068                

Household & Personal Products

     49,748,258        49,748,258                

Insurance

     71,300,535        71,300,535                

Materials

     60,961,691        60,961,691                

Pharmaceuticals, Biotechnology & Life Sciences

     81,192,710        81,192,710                

Real Estate

     78,719,075        78,719,075                

Retailing

     61,468,245        57,125,799               4,342,446  

Software & Services

     150,564,891        150,564,891                

Transportation

     120,543,929        120,543,929                

Short-Term Investments

     21,840,468        21,840,468                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     1,446,276,560      $     1,409,664,602      $     32,269,512      $     4,342,446  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1)  For the six-month period ended June 30, 2018, there were no transfers between any levels.

Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a Reconciliation of Level 3 assets for the period ended June 30, 2018 is not presented.

 

The accompanying notes are an integral part of these financial statements.

 

 

  125  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 35.7%  
      Asset-Backed - Automobile - 0.6%  
  $       1,115,319    

CIG Automobile Receivables Trust
2.71%, 05/15/2023(1)

  $ 1,108,117  
    2,625,000    

Credit Acceptance Auto Loan Trust
2.65%, 06/15/2026(1)

    2,595,364  
    969,382    

First Investors Auto Owner Trust
2.39%, 11/16/2020(1)

    968,909  
    799,020    

Honor Automobile Trust Securitization
2.94%, 11/15/2019(1)

    799,116  
    3,758,762    

Skopos Auto Receivables Trust
3.19%, 09/15/2021(1)

    3,759,616  
    4,810,000    

Westlake Automobile Receivables Trust
3.28%, 12/15/2022(1)

    4,780,113  
     

 

 

 
        14,011,235  
     

 

 

 
            Asset-Backed - Finance & Insurance - 20.1%  
    9,180,000    

AMMC CLO Ltd.
3 mo. USD LIBOR + 1.250%, 3.61%, 07/25/2029(1)(2)

    9,184,911  
    9,215,000    

Apex Credit CLO Ltd.
3 mo. USD LIBOR + 1.470%, 3.83%, 04/24/2029(1)(2)

    9,248,865  
    4,478,506    

Apidos CLO
3 mo. USD LIBOR + 0.980%, 3.34%, 01/19/2025(1)(2)

    4,476,141  
    4,560,000    

Atlas Senior Loan Fund X Ltd.
3 mo. USD LIBOR + 1.090%, 3.44%, 01/15/2031(1)(2)

    4,553,552  
 

Atrium CDO Corp.

 

    6,700,000    

3 mo. USD LIBOR + 0.830%, 3.19%, 04/22/2027(1)(2)

    6,697,086  
    673,085    

3 mo. USD LIBOR + 0.950%, 3.30%, 07/16/2025(1)(2)

    672,846  
 

Avery Point CLO Ltd.

 

    10,050,000    

3 mo. USD LIBOR + 1.100%, 3.46%, 04/25/2026(1)(2)

    10,046,131  
    5,601,322    

3 mo. USD LIBOR + 1.120%, 3.48%, 01/18/2025(1)(2)

    5,599,215  
    2,330,000    

Babson CLO Ltd.
3 mo. USD LIBOR + 1.150%, 3.51%, 07/20/2025(1)(2)

    2,328,963  
 

Bayview Opportunity Master Fund Trust

 

    3,498,103    

2.98%, 10/28/2032(1)(3)

    3,479,577  
    497,151    

3.11%, 09/28/2032(1)(3)

    495,181  
    3,802,921    

3.35%, 11/28/2032(1)(3)

    3,783,902  
    3,274,702    

3.50%, 01/28/2055(1)(4)

    3,268,620  
    3,808,252    

3.50%, 06/28/2057(1)(4)

    3,800,661  
    7,450,617    

3.50%, 07/28/2057(1)(4)

    7,431,202  
    4,964,311    

3.50%, 01/28/2058(1)(4)

    4,956,007  
    3,208,009    

3.60%, 02/25/2033(1)(3)

    3,210,932  
    2,856,095    

4.00%, 11/28/2053(1)(4)

    2,882,859  
    5,615,820    

4.00%, 10/28/2064(1)(4)

    5,664,902  
    840,000    

Benefit Street Partners CLO Ltd.
3 mo. USD LIBOR + 0.800%, 3.16%, 10/18/2029(1)(2)

    839,580  
 

BlueMountain CLO Ltd.

 

    6,547,100    

3 mo. USD LIBOR + 1.010%, 3.36%, 04/15/2025(1)(2)

    6,543,840  
    7,372,821    

3 mo. USD LIBOR + 1.260%, 3.62%, 04/30/2026(1)(2)

    7,369,724  
    886,167    

Cal Funding Ltd.
3.47%, 10/25/2027(1)

    877,865  
Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 35.7% -
(continued)
 
            Asset-Backed - Finance & Insurance - 20.1% - (continued)  
  $       7,890,000    

Carlyle Global Market Strategies CLO Ltd.
1 mo. USD LIBOR + 0.780%, 3.15%, 04/27/2027(1)(2)

  $ 7,855,765  
    7,305,000    

CBAM Ltd.
3 mo. USD LIBOR + 1.230%, 3.58%, 10/17/2029(1)(2)

    7,312,356  
 

Cent CLO Ltd.

 

    8,980,014    

3 mo. USD LIBOR + 1.100%, 3.46%, 01/25/2026(1)(2)

    8,978,155  
    6,240,000    

3 mo. USD LIBOR + 1.210%, 3.58%, 07/27/2026(1)(2)

    6,236,868  
 

CIFC Funding Ltd.

 

    8,960,000    

3 mo. USD LIBOR + 1.050%, 3.16%, 04/24/2030(1)(2)

    8,908,650  
    646,273    

3 mo. USD LIBOR + 0.850%, 3.20%, 07/16/2030(1)(2)

    646,240  
    6,935,000    

3 mo. USD LIBOR + 1.500%, 3.86%, 07/22/2026(1)(2)

    6,929,306  
    1,821,537    

Civic Mortgage LLC
3.89%, 06/25/2022(1)(3)

    1,821,115  
    514,926    

Conn’s Receivables Funding LLC
2.73%, 07/15/2020(1)

    514,846  
    2,130,000    

Covenant Credit Partners CLO Ltd.
3 mo. USD LIBOR + 1.850%, 4.20%, 10/15/2029(1)(2)

    2,141,308  
    3,275,000    

Domino’s Pizza Master Issuer LLC
4.12%, 07/25/2048(1)

    3,309,420  
 

Dryden Senior Loan Fund

 

    7,264,000    

3 mo. USD LIBOR + 0.820%,
3.16%, 11/15/2028(1)(2)

    7,223,264  
    6,710,000    

3 mo. USD LIBOR + 1.430%,
3.78%, 07/15/2027(1)(2)

    6,707,933  
    7,852,000    

3 mo. USD LIBOR + 1.430%,
3.78%, 10/15/2028(1)(2)

    7,869,518  
    1,324,478    

Fieldstone Mortgage Investment Corp.
1 mo. USD LIBOR + 0.270%,
2.36%, 05/25/2036(2)

    1,017,422  
    3,267,261    

First Franklin Mortgage Loan Trust
1 mo. USD LIBOR + 0.240%,
2.33%, 04/25/2036(2)

    2,854,369  
    262,683    

GreatAmerica Leasing Receivables Funding LLC
1.72%, 04/22/2019(1)

    262,307  
    3,603,282    

GSAMP Trust
1 mo. USD LIBOR + 0.090%,
2.18%, 01/25/2037(2)

    2,445,510  
    2,295,000    

Highbridge Loan Management Ltd.
3 mo. USD LIBOR + 1.000%,
3.36%, 02/05/2031(1)(2)

    2,292,019  
    4,578,000    

LCM Ltd.
3 mo. USD LIBOR + 1.210%,
3.57%, 07/20/2030(1)(2)

    4,589,509  
 

Lendmark Funding Trust

 

    3,235,000    

2.83%, 12/22/2025(1)

    3,202,599  
    4,590,000    

3.26%, 04/21/2025(1)

    4,595,677  
 

Madison Park Funding Ltd.

 

    7,200,000    

3 mo. USD LIBOR + 1.160%,
3.52%, 07/23/2029(1)(2)

    7,197,509  
    3,582,000    

3 mo. USD LIBOR + 1.190%,
3.55%, 10/21/2030(1)(2)

    3,586,993  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  126  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 35.7% -
(continued)
 
            Asset-Backed - Finance & Insurance - 20.1% - (continued)  
  $       9,860,000    

3 mo. USD LIBOR + 1.260%,
3.62%, 07/20/2026(1)(2)

  $ 9,856,963  
 

Magnetite CLO Ltd.

 

    8,310,000    

3 mo. USD LIBOR + 1.000%,
3.36%, 07/25/2026(1)(2)

    8,299,712  
    6,595,000    

3 mo. USD LIBOR + 1.500%,
3.86%, 07/25/2026(1)(2)

    6,590,318  
    1,803,656    

Marlette Funding Trust
2.36%, 12/15/2024(1)

    1,796,214  
    5,611,745    

MFA Trust
3.35%, 11/25/2047(1)(3)

    5,567,103  
 

Nationstar HECM Loan Trust

 

    664,192    

1.97%, 05/25/2027(1)

    661,934  
    1,291,477    

2.04%, 09/25/2027(1)(4)

    1,286,100  
    560,000    

2.94%, 05/25/2027(1)

    555,615  
 

NRZ Advance Receivables Trust

 

    6,250,000    

3.11%, 12/15/2050(1)

    6,243,978  
    5,421,000    

3.21%, 02/15/2051(1)

    5,381,753  
 

NRZ Excess Spread-Collateralized Notes

 

    5,176,734    

3.19%, 01/25/2023(1)

    5,141,648  
    3,182,084    

3.27%, 02/25/2023(1)

    3,168,601  
    2,190,899    

Oak Hill Advisors Residential Loan Trust
3.00%, 06/25/2057(1)(3)

    2,170,512  
    3,030,000    

Oak Hill Credit Partners Ltd.
3 mo. USD LIBOR + 1.130%,
3.49%, 07/20/2026(1)(2)

    3,028,421  
    2,495,000    

Oaktree EIF Ltd.
3 mo. USD LIBOR + 1.450%,
3.80%, 07/17/2029(1)(2)

    2,493,406  
    6,780,000    

OCP CLO Ltd.
3 mo. USD LIBOR + 0.850%,
3.20%, 04/17/2027(1)(2)

    6,760,501  
    3,715,000    

Octagon Investment Partners Ltd.
3 mo. USD LIBOR + 1.320%,
3.68%, 03/17/2030(1)(2)

    3,734,266  
 

OneMain Financial Issuance Trust

 

    7,814,000    

2.37%, 09/14/2032(1)

    7,661,264  
    6,299,137    

4.10%, 03/20/2028(1)

    6,336,921  
    7,495,000    

OZLM Ltd.
3 mo. USD LIBOR + 1.450%,
3.81%, 04/30/2027(1)(2)

    7,492,407  
 

Pretium Mortgage Credit Partners LLC

 

    1,074,753    

3.33%, 12/30/2032(1)(4)

    1,070,049  
    1,268,281    

3.38%, 01/27/2033(1)(3)

    1,257,614  
    1,788,660    

Prosper Marketplace Issuance Trust
2.36%, 11/15/2023(1)

    1,781,380  
    5,250,000    

SBA Tower Trust
2.90%, 10/15/2044(1)(3)

    5,216,729  
    463,660    

Securitized Asset Backed Receivables LLC Trust
1 mo. USD LIBOR + 0.090%,
2.18%, 07/25/2036(2)

    228,831  
    7,305,000    

Shackleton CLO Ltd.
3 mo. USD LIBOR + 1.160%,
3.51%, 07/17/2026(1)(2)

    7,302,874  
 

SoFi Consumer Loan Program LLC

 

    1,789,314    

2.50%, 05/26/2026(1)

    1,766,668  
    916,834    

2.77%, 05/25/2026(1)

    909,469  
    2,175,373    

3.05%, 12/26/2025(1)

    2,168,583  
    1,929,564    

3.09%, 10/27/2025(1)

    1,926,107  
Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 35.7% -
(continued)
 
            Asset-Backed - Finance & Insurance - 20.1% - (continued)  
  $       1,627,961    

3.28%, 01/26/2026(1)

  $ 1,626,588  
 

Sound Point CLO Ltd.

 

    5,015,000    

1 mo. USD LIBOR + 1.150%,
3.65%, 04/18/2031(1)(2)

    4,988,817  
    2,575,000    

3 mo. USD LIBOR + 1.390%,
3.75%, 01/23/2029(1)(2)

    2,581,731  
 

Springleaf Funding Trust

 

    8,130,000    

2.68%, 07/15/2030(1)

    7,996,262  
    4,985,000    

2.90%, 11/15/2029(1)

    4,959,315  
    5,340,000    

SPS Servicer Advance Receivables Trust
2.75%, 11/15/2049(1)

    5,388,621  
    8,660,000    

Symphony CLO Ltd.
3 mo. USD LIBOR + 1.280%,
3.63%, 07/14/2026(1)(2)

    8,657,315  
 

Towd Point Mortgage Trust

 

    9,104,309    

2.75%, 10/25/2056(1)(4)

    8,913,405  
    2,358,577    

2.75%, 04/25/2057(1)(4)

    2,319,866  
    6,163,432    

2.75%, 06/25/2057(1)(4)

    6,015,089  
    4,427,725    

2.75%, 07/25/2057(1)(4)

    4,332,956  
    7,660,000    

Treman Park CLO Ltd.
3 mo. USD LIBOR + 1.370%,
3.73%, 04/20/2027(1)(2)

    7,658,070  
    2,742,060    

U.S. Residential Opportunity Fund Trust
3.35%, 11/27/2037(1)(3)

    2,729,560  
    7,072,867    

VOLT LLC
3.38%, 10/25/2047(1)(3)

    7,040,365  
    1,609,659    

VOLT LX LLC
3.25%, 06/25/2047(1)(3)

    1,600,674  
    1,393,924    

VOLT LXII LLC
3.13%, 09/25/2047(1)(3)

    1,380,501  
    2,587,154    

VOLT LXIII LLC
3.00%, 10/25/2047(1)(3)

    2,558,716  
    3,965,278    

VOLT LXVI
4.34%, 05/25/2048(1)(3)

    3,963,592  
 

Voya CLO Ltd.

 

    7,550,000    

3 mo. USD LIBOR + 0.900%,
3.26%, 01/18/2029(1)(2)

    7,535,859  
    4,835,000    

1 mo. USD LIBOR + 0.990%,
3.35%, 04/18/2031(1)(2)

    4,814,519  
    2,915,000    

3 mo. USD LIBOR + 1.250%,
3.60%, 04/17/2030(1)(2)

    2,918,781  
    2,670,000    

3 mo. USD LIBOR + 1.250%,
3.61%, 01/18/2029(1)(2)

    2,638,836  
    2,069,600    

Wendy’s Funding LLC
3.88%, 03/15/2048(1)

    2,025,000  
    10,785,000    

York CLO Ltd.
3 mo. USD LIBOR + 1.630%,
2.73%, 01/20/2030(1)(2)

    10,924,515  
     

 

 

 
        449,336,114  
     

 

 

 
            Asset-Backed - Home Equity - 2.3%  
 

GSAA Home Equity Trust

 

    6,336,052    

1 mo. USD LIBOR + 0.080%,
2.17%, 02/25/2037(2)

    3,334,011  
    3,730,909    

1 mo. USD LIBOR + 0.100%,
2.19%, 03/25/2037(2)

    1,854,904  
    2,719,830    

1 mo. USD LIBOR + 0.180%,
2.27%, 11/25/2036(2)

    1,349,211  
    120,327    

1 mo. USD LIBOR + 0.240%,
2.33%, 11/25/2036(2)

    71,536  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  127  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 35.7% -
(continued)
 
            Asset-Backed - Home Equity - 2.3% - (continued)  
  $       662,397    

5.99%, 06/25/2036(4)

  $ 324,373  
    7,808,741    

Legacy Mortgage Asset Trust
4.00%, 03/25/2058(1)(3)

    7,832,123  
    176,747    

Morgan Stanley Asset-Backed Securities Capital, Inc. Trust
1 mo. USD LIBOR + 0.150%,
2.24%, 06/25/2036(2)

    151,055  
    1,526,549    

Morgan Stanley Mortgage Loan Trust
1 mo. USD LIBOR + 0.170%,
2.26%, 11/25/2036(2)

    687,477  
 

New Residential Mortgage Loan Trust

 

    6,665,863    

1 mo. USD LIBOR + 1.500%,
3.59%, 06/25/2057(1)(2)

    6,844,367  
    8,743,568    

4.00%, 02/25/2057(1)(4)

    8,816,037  
    7,255,030    

4.00%, 08/27/2057(1)(4)

    7,320,129  
    3,060,518    

4.00%, 12/25/2057(1)(4)

    3,079,971  
    6,531,000    

NRZ Advance Receivables Trust
2.58%, 10/15/2049(1)

    6,469,976  
 

Soundview Home Loan Trust

 

    3,095,388    

1 mo. USD LIBOR + 0.180%,
2.27%, 07/25/2037(2)

    2,687,249  
    435,000    

1 mo. USD LIBOR + 0.250%,
2.34%, 11/25/2036(2)

    393,275  
     

 

 

 
    51,215,694  
     

 

 

 
      Collateralized - Mortgage Obligations - 0.3%  
    1,955,683    

COLT Mortgage Loan Trust
2.61%, 05/27/2047(1)(4)

    1,948,493  
    3,571,616    

Consumer Loan Underlying Bond Credit Trust
2.61%, 01/15/2024(1)

    3,558,083  
     

 

 

 
    5,506,576  
     

 

 

 
      Commercial Mortgage-Backed Securities - 6.1%  
 

Banc of America Commercial Mortgage Trust

 

    40,006,920    

0.89%, 11/15/2050(4)(5)

    2,254,402  
    4,722,098    

0.96%, 11/15/2054(4)(5)

    283,469  
 

BBCMS Mortgage Trust

 

    28,957,615    

1.69%, 02/15/2050(4)(5)

    2,809,091  
    8,553,000    

1 mo. USD LIBOR + 0.850%,
2.92%, 08/15/2036(1)(2)

    8,552,919  
    1,440,000    

3.67%, 02/15/2050

    1,426,159  
 

Benchmark Mortgage Trust

 

    12,016,433    

0.67%, 01/15/2051(4)(5)

    475,010  
    20,356,000    

0.70%, 07/15/2051

    808,192  
 

CFCRE Commercial Mortgage Trust

 

    1,145,000    

3.57%, 06/15/2050

    1,129,058  
    1,000,000    

3.84%, 12/10/2054

    1,002,204  
 

Citigroup Commercial Mortgage Trust

 

    23,803,580    

1.19%, 07/10/2047(4)(5)

    1,148,016  
    26,450,503    

1.25%, 04/10/2048(4)(5)

    1,396,489  
    3,074,752    

2.94%, 10/10/2049

    2,916,779  
    975,000    

3.62%, 02/10/2049

    973,255  
    1,040,000    

3.76%, 06/10/2048

    1,049,531  
    970,000    

3.82%, 11/10/2048

    981,458  
 

Commercial Mortgage Pass-Through Certificates

 

    9,371,739    

0.88%, 02/10/2047(4)(5)

    227,186  
    535,000    

4.24%, 02/10/2047(4)

    554,900  
 

Commercial Mortgage Trust

 

    4,473,689    

0.95%, 08/10/2046(4)(5)

    128,687  
Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 35.7% -
(continued)
 
      Commercial Mortgage-Backed Securities - 6.1% - (continued)  
  $       6,884,413    

2.08%, 07/10/2046(1)(4)(5)

  $ 218,203  
    1,035,000    

2.54%, 12/10/2045

    1,004,917  
    960,889    

2.82%, 10/15/2045

    941,807  
    1,670,000    

2.85%, 10/15/2045

    1,626,208  
    1,145,000    

3.10%, 03/10/2046

    1,133,383  
    930,000    

3.21%, 03/10/2046

    924,281  
    1,760,000    

3.35%, 02/10/2048

    1,739,791  
    6,780,000    

3.42%, 03/10/2031(1)

    6,827,345  
    1,260,000    

3.61%, 06/10/2046(4)

    1,273,337  
    705,000    

3.62%, 07/10/2050

    701,331  
    2,120,000    

3.69%, 08/10/2047

    2,135,781  
    1,490,000    

3.77%, 02/10/2049

    1,490,289  
    1,150,133    

3.80%, 08/10/2047

    1,165,776  
    1,485,000    

3.83%, 07/15/2047

    1,508,087  
    1,140,000    

3.90%, 07/10/2050

    1,151,797  
    575,125    

3.96%, 03/10/2047

    587,720  
    1,299,199    

4.02%, 07/10/2045

    1,335,367  
    630,000    

4.07%, 02/10/2047(4)

    648,561  
    1,045,000    

4.21%, 08/10/2046(4)

    1,084,677  
    615,085    

4.38%, 07/10/2045(4)

    640,519  
    720,000    

4.73%, 10/15/2045(1)(4)

    131,746  
    1,920,000    

4.75%, 10/15/2045(1)(4)

    913,728  
    545,178    

Credit Suisse First Boston Mortgage Securities Corp.
4.88%, 04/15/2037

    541,276  
 

CSAIL Commercial Mortgage Trust

 

    63,316,577    

0.97%, 06/15/2057(4)(5)

    2,624,523  
    3,869,782    

1.19%, 11/15/2048(4)(5)

    198,026  
    11,445,019    

1.96%, 01/15/2049(4)(5)

    1,105,439  
    470,000    

3.45%, 08/15/2048

    465,021  
    790,000    

3.50%, 11/15/2049

    774,382  
    545,000    

3.54%, 11/15/2048

    541,816  
    550,000    

3.72%, 08/15/2048

    551,976  
    83,000    

3.76%, 11/15/2048

    83,404  
    980,000    

3.81%, 11/15/2048

    987,876  
    7,544,468    

DBUBS Mortgage Trust
0.90%, 11/10/2046(1)(4)(5)

    95,465  
    3,061,582    

Four Times Square Trust Commercial Mortgage Pass-Through Certificates
5.40%, 12/13/2028(1)

    3,208,002  
 

FREMF Mortgage Trust

 

    4,680,000    

3.07%, 10/25/2047(1)(4)

    4,653,391  
    785,000    

3.80%, 11/25/2049(1)(4)

    766,543  
    1,380,000    

3.88%, 11/25/2050(1)(4)

    1,319,382  
    5,485,000    

5.44%, 09/25/2043(1)(4)

    5,698,362  
    1,292,129    

GE Business Loan Trust
1 mo. USD LIBOR + 1.000%,
3.07%, 05/15/2034(1)(2)

    1,207,987  
    4,340,000    

GS Mortgage Securities Corp.
2.95%, 11/05/2034(1)

    4,233,632  
 

GS Mortgage Securities Trust

 

    46,230,160    

0.12%, 07/10/2046(4)(5)

    195,077  
    6,585,204    

1.52%, 08/10/2044(1)(4)(5)

    219,603  
    1,580,166    

3.67%, 04/10/2047(1)

    613,436  
    1,165,000    

3.67%, 03/10/2050

    1,161,080  
    785,121    

4.07%, 01/10/2047

    808,382  
    2,215,000    

5.02%, 04/10/2047(1)(4)

    1,818,134  
 

JP Morgan Chase Commercial Mortgage Securities Trust

 

    2,185,000    

2.73%, 10/15/2045(1)(4)

    1,023,498  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  128  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 35.7% -
(continued)
 
      Commercial Mortgage-Backed Securities - 6.1% - (continued)  
  $       765,128    

2.84%, 12/15/2047

  $ 748,793  
    1,290,924    

4.52%, 12/15/2047(1)(4)

    1,028,365  
 

JPMBB Commercial Mortgage Securities Trust

 

    28,798,232    

0.94%, 09/15/2047(4)(5)

    772,426  
    7,795,663    

0.97%, 05/15/2048(4)(5)

    251,557  
    825,000    

2.91%, 10/15/2048

    795,874  
    1,135,000    

3.36%, 07/15/2045

    1,134,796  
    810,060    

3.61%, 05/15/2048

    810,640  
    435    

LB-UBS Commercial Mortgage Trust
6.32%, 04/15/2041(4)

    436  
    29,707    

Lehman Brothers Small Balance Commercial Mortgage Trust
5.52%, 09/25/2030(1)(4)

    29,886  
 

Morgan Stanley Bank of America Merrill Lynch Trust

 

    1,573,819    

1.23%, 10/15/2048(4)(5)

    92,750  
    15,862,555    

1.26%, 12/15/2047(4)(5)

    672,609  
    1,530,000    

3.13%, 12/15/2048

    1,512,979  
    1,320,000    

3.18%, 08/15/2045

    1,310,030  
    795,172    

4.26%, 10/15/2046(4)

    823,437  
 

Morgan Stanley Capital Trust

 

    35,035,800    

0.57%, 09/15/2047(1)(4)(5)

    268,455  
    8,262,017    

1.61%, 06/15/2050(4)(5)

    729,561  
    625,000    

2.78%, 08/15/2049

    585,234  
    590,000    

3.34%, 12/15/2049

    573,907  
    4,920,000    

3.47%, 08/11/2033(1)

    4,911,797  
    770,000    

3.60%, 12/15/2049

    761,766  
    920,000    

5.31%, 10/12/2052(1)(4)

    77,931  
    1,460,000    

5.33%, 07/15/2049(1)(4)

    1,260,353  
    790,000    

SFAVE Commercial Mortgage Securities Trust
3.87%, 01/05/2043(1)(4)

    748,154  
 

UBS Commercial Mortgage Trust

 

    4,949,254    

1.30%, 08/15/2050(4)(5)

    375,865  
    850,000    

3.43%, 08/15/2050

    826,887  
 

UBS-Barclays Commercial Mortgage Trust

 

    790,000    

2.85%, 12/10/2045

    773,473  
    2,295,000    

3.09%, 08/10/2049

    2,274,054  
    2,065,000    

3.19%, 03/10/2046

    2,047,848  
    775,000    

3.24%, 04/10/2046

    770,018  
 

Wells Fargo Commercial Mortgage Trust

 

    21,272,579    

1.30%, 05/15/2048(4)(5)

    1,107,450  
    1,166,593    

2.92%, 10/15/2045

    1,149,112  
    419,000    

2.92%, 11/15/2049

    394,401  
    345,000    

2.94%, 10/15/2049

    326,982  
    805,000    

3.29%, 05/15/2048

    792,225  
    440,000    

3.41%, 12/15/2047

    435,169  
    775,000    

3.45%, 07/15/2050

    758,100  
    790,000    

3.56%, 01/15/2059

    785,332  
    1,145,000    

3.62%, 09/15/2057

    1,144,042  
    445,000    

3.79%, 09/15/2048

    448,788  
    430,000    

4.24%, 05/15/2048(4)

    373,389  
 

WF-RBS Commercial Mortgage Trust

 

    255,115    

2.88%, 12/15/2045

    250,208  
    1,215,000    

3.00%, 08/15/2045

    1,201,854  
    1,150,000    

3.07%, 03/15/2045

    1,137,032  
    450,000    

3.35%, 05/15/2045

    442,017  
    1,015,000    

3.61%, 11/15/2047

    1,016,760  
    990,000    

3.72%, 05/15/2047

    1,002,746  
    925,000    

4.00%, 05/15/2047

    949,562  
Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 35.7% -
(continued)
 
      Commercial Mortgage-Backed Securities - 6.1% - (continued)  
  $       230,000    

4.05%, 03/15/2047

  $ 236,751  
    755,286    

4.10%, 03/15/2047

    780,088  
    1,095,000    

4.15%, 08/15/2046(4)

    1,133,133  
    710,000    

5.00%, 06/15/2044(1)(4)

    482,852  
    790,000    

5.77%, 04/15/2045(1)(4)

    803,884  
     

 

 

 
    136,318,927  
     

 

 

 
      Diversified Financial Services - 0.1%  
    1,716,000    

Barings CLO Ltd.
1 mo. USD LIBOR + 0.950%,
3.02%, 07/20/2029(1)(2)

    1,713,733  
     

 

 

 
      Whole Loan Collateral CMO - 6.2%  
 

Alternative Loan Trust

 

    1,240,255    

1 mo. USD LIBOR + 0.320%,
2.41%, 11/25/2035(2)

    1,118,988  
    252,054    

1 mo. USD LIBOR + 0.270%,
2.63%, 01/25/2036(2)

    242,650  
    1,162,827    

5.75%, 05/25/2036

    876,927  
 

Angel Oak Mortgage Trust LLC

 

    2,600,915    

2.48%, 07/25/2047(1)(4)

    2,576,310  
    2,076,329    

2.71%, 11/25/2047(1)(4)

    2,062,459  
    699,179    

2.81%, 01/25/2047(1)(4)

    695,284  
 

Banc of America Funding Trust

 

    1,582,590    

1 mo. USD LIBOR + 0.300%,
2.38%, 05/20/2047(2)

    1,453,702  
    4,749,292    

5.77%, 05/25/2037(4)

    4,716,541  
    175,433    

5.85%, 01/25/2037(3)

    161,025  
    1,069,895    

BCAP LLC Trust
1 mo. USD LIBOR + 0.180%,
2.27%, 03/25/2037(2)

    1,044,836  
    518,875    

Bear Stearns Adjustable Rate Mortgage Trust
1 year USD CMT + 2.300%,
3.52%, 10/25/2035(2)

    524,654  
    1,430,660    

Bear Stearns Alt-A Trust
1 mo. USD LIBOR + 0.500%,
2.59%, 01/25/2036(2)

    1,481,023  
    494,145    

Bear Stearns Mortgage Funding Trust
1 mo. USD LIBOR + 0.180%,
2.27%, 10/25/2036(2)

    461,565  
 

CHL Mortgage Pass-Through Trust

 

    597,632    

3.34%, 11/20/2035(4)

    544,633  
    2,992,284    

3.47%, 09/25/2047(4)

    2,798,097  
    6,989,518    

CIM Trust
3.00%, 04/25/2057(1)(4)

    6,913,091  
    2,801,038    

COLT Mortgage Loan Trust
2.93%, 02/25/2048(1)(4)

    2,788,125  
    2,317,687    

Credit Suisse First Boston Mortgage Securities Corp.
5.50%, 06/25/2035

    2,261,893  
    2,732,288    

CSMC Trust
3.25%, 04/25/2047(1)(4)

    2,668,183  
 

Deephaven Residential Mortgage Trust

 

    1,832,318    

2.45%, 06/25/2047(1)(4)

    1,805,858  
    2,347,925    

2.58%, 10/25/2047(1)(4)

    2,333,378  
    1,094,205    

2.73%, 12/26/2046(1)(4)

    1,089,574  
 

Fannie Mae Connecticut Avenue Securities

 

    2,025,000    

1 mo. USD LIBOR + 3.550%, 5.64%, 07/25/2029(2)

    2,199,782  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  129  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 35.7% -
(continued)
 
      Whole Loan Collateral CMO - 6.2% - (continued)  
  $       4,065,143    

1 mo. USD LIBOR + 4.350%, 6.44%, 05/25/2029(2)

  $ 4,522,466  
    1,423,308    

1 mo. USD LIBOR + 4.900%, 6.99%, 11/25/2024(2)

    1,628,190  
    784,881    

1 mo. USD LIBOR + 5.700%, 7.79%, 04/25/2028(2)

    913,543  
    616,000    

1 mo. USD LIBOR + 6.000%, 8.09%, 09/25/2028(2)

    728,611  
    2,266,642    

Galton Funding Mortgage Trust
3.50%, 11/25/2057(1)(4)

    2,264,517  
    38,437    

GMACM Mortgage Loan Trust
3.83%, 04/19/2036(4)

    35,866  
 

GSR Mortgage Loan Trust

 

    1,412,164    

1 mo. USD LIBOR + 0.300%, 2.39%, 01/25/2037(2)

    829,154  
    2,597,017    

3.73%, 01/25/2036(4)

    2,564,872  
 

HarborView Mortgage Loan Trust

 

    1,199,326    

1 mo. USD LIBOR + 0.190%, 2.28%, 01/19/2038(2)

    1,175,869  
    4,395,553    

1 mo. USD LIBOR + 0.240%, 2.33%, 12/19/2036(2)

    4,068,826  
    1,391,490    

IndyMac Index Mortgage Loan Trust
3.53%, 03/25/2036(4)

    1,244,899  
    361,478    

JP Morgan Mortgage Trust
3.75%, 04/25/2037(4)

    346,656  
    1,479,872    

Lehman XS Trust
1 mo. USD LIBOR + 0.210%,
2.30%, 07/25/2046(2)

    1,425,064  
 

LSTAR Securities Investment Ltd.

 

    1,901,123    

1 mo. USD LIBOR + 1.650%,
0.04%, 11/01/2022(1)(2)

    1,894,189  
    2,997,001    

1 mo. USD LIBOR + 1.750%,
0.04%, 10/01/2022(1)(2)

    2,985,348  
    2,412,910    

1 mo. USD LIBOR + 1.550%,
3.53%, 02/01/2023(1)(2)

    2,385,837  
    1,776,404    

1 mo. USD LIBOR + 1.750%,
3.73%, 09/01/2022(1)(2)

    1,778,541  
    637,405    

MASTR Adjustable Rate Mortgages Trust
3.92%, 11/21/2034(4)

    654,387  
    1,804,712    

MFA Trust
2.59%, 02/25/2057(1)(4)

    1,770,168  
 

New Residential Mortgage Loan Trust

 

    5,138,705    

3.75%, 11/26/2035(1)(4)

    5,154,780  
    4,566,545    

3.75%, 11/25/2056(1)(4)

    4,570,864  
    8,480,306    

4.00%, 03/25/2057(1)(4)

    8,598,874  
    6,872,208    

4.00%, 04/25/2057(1)(4)

    6,938,650  
    5,587,923    

4.00%, 05/25/2057(1)(4)

    5,654,139  
    1,590,546    

RBSGC Mortgage Loan Trust
6.25%, 01/25/2037

    1,560,029  
 

Residential Accredit Loans, Inc.

 

    3,675,964    

2.82%, 11/25/2037(4)

    3,183,043  
    943,909    

6.00%, 12/25/2035

    908,227  
    1,765,000    

Structured Agency Credit Risk Trust
1 mo. USD LIBOR + 1.650%,
3.74%, 04/25/2043(1)(2)

    1,771,508  
 

Towd Point Mortgage Trust

 

    4,211,550    

2.25%, 04/25/2056(1)(4)

    4,113,538  
    6,267,632    

1 mo. USD LIBOR + 0.600%,
2.69%, 02/25/2057(1)(2)

    6,256,432  
    1,014,864    

2.75%, 02/25/2055(1)(4)

    1,002,488  
Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 35.7% -
(continued)
 
      Whole Loan Collateral CMO - 6.2% - (continued)  
  $       3,539,549    

2.75%, 08/25/2055(1)(4)

  $ 3,472,538  
    815,514    

3.00%, 03/25/2054(1)(4)

    809,656  
 

WaMu Mortgage Pass-Through Certificates Trust

 

    3,900,875    

12 mo. USD MTA + 0.820%, 2.28%, 12/25/2046(2)

    3,526,254  
    806,125    

1 mo. USD LIBOR + 0.420%, 2.51%, 06/25/2044(2)

    779,175  
    1,477,039    

3.57%, 06/25/2037(4)

    1,383,572  
 

Wells Fargo Commercial Mortgage Trust

 

    45,939,743    

1.31%, 09/15/2057(4)(5)

    2,280,141  
    1,015,000    

3.84%, 09/15/2058

    1,028,210  
     

 

 

 
    139,027,699  
     

 

 

 
 

Total Asset & Commercial Mortgage Backed Securities
(cost $803,715,701)

  $ 797,129,978  
     

 

 

 
     
CORPORATE BONDS - 28.0%  
      Aerospace/Defense - 0.2%  
 

DAE Funding LLC

 

    75,000    

4.50%, 08/01/2022(1)

    72,750  
    80,000    

5.00%, 08/01/2024(1)

    76,840  
    4,347,000    

Lockheed Martin Corp.
4.09%, 09/15/2052

    4,091,901  
    140,000    

United Technologies Corp.
2.80%, 05/04/2024

    132,693  
     

 

 

 
    4,374,184  
     

 

 

 
      Agriculture - 0.9%  
 

Altria Group, Inc.

 

    5,890,000    

2.85%, 08/09/2022

    5,750,903  
    2,345,000    

3.88%, 09/16/2046

    2,060,493  
 

BAT Capital Corp.

 

    1,415,000    

2.30%, 08/14/2020(1)

    1,382,774  
    2,200,000    

4.39%, 08/15/2037(1)

    2,063,912  
    2,010,000    

BAT International Finance plc
2.75%, 06/15/2020(1)

    1,988,076  
 

Imperial Brands Finance plc

 

    1,420,000    

2.05%, 07/20/2018(1)

    1,419,718  
    1,950,000    

2.95%, 07/21/2020(1)

    1,929,902  
    1,300,000    

3.75%, 07/21/2022(1)

    1,290,318  
    2,640,000    

Reynolds American, Inc.
3.25%, 06/12/2020

    2,637,290  
     

 

 

 
    20,523,386  
     

 

 

 
      Airlines - 0.1%  
 

Delta Air Lines, Inc.

 

    1,425,000    

3.63%, 03/15/2022

    1,408,918  
    1,310,000    

3.80%, 04/19/2023

    1,294,542  
     

 

 

 
    2,703,460  
     

 

 

 
      Auto Manufacturers - 0.3%  
    1,175,000    

Ford Motor Co.
5.29%, 12/08/2046

    1,088,910  
 

General Motors Co.

 

    2,220,000    

5.40%, 04/01/2048

    2,109,098  
    1,000,000    

6.25%, 10/02/2043

    1,036,305  
    1,035,000    

6.75%, 04/01/2046

    1,146,614  
 

General Motors Financial Co., Inc.

 

    500,000    

3.70%, 05/09/2023

    490,528  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  130  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 28.0% - (continued)  
      Auto Manufacturers - 0.3% - (continued)  
  $       1,760,000    

3.95%, 04/13/2024

  $ 1,722,348  
     

 

 

 
    7,593,803  
     

 

 

 
      Auto Parts & Equipment - 0.0%  
    450,000    

Adient Global Holdings Ltd.
4.88%, 08/15/2026(1)

    403,875  
    290,000    

Goodyear Tire & Rubber Co.
5.00%, 05/31/2026

    269,700  
     

 

 

 
    673,575  
     

 

 

 
      Beverages - 0.8%  
 

Anheuser-Busch InBev Finance, Inc.

 

    3,090,000    

3.30%, 02/01/2023

    3,064,163  
    125,000    

3.65%, 02/01/2026

    122,368  
    70,000    

4.70%, 02/01/2036

    70,948  
    310,000    

4.90%, 02/01/2046

    318,797  
 

Anheuser-Busch InBev Worldwide, Inc.

 

    1,385,000    

3.50%, 01/12/2024

    1,376,447  
    2,120,000    

3.75%, 07/15/2042

    1,864,399  
    1,580,000    

4.60%, 04/15/2048

    1,556,702  
    2,035,000    

4.75%, 04/15/2058

    1,987,726  
 

Constellation Brands, Inc.

 

    2,295,000    

2.65%, 11/07/2022

    2,199,545  
    380,000    

2.70%, 05/09/2022

    367,286  
    1,490,000    

3.60%, 02/15/2028

    1,408,396  
    245,000    

4.50%, 05/09/2047

    233,171  
    2,003,000    

4.75%, 12/01/2025

    2,073,506  
     

 

 

 
    16,643,454  
     

 

 

 
      Biotechnology - 0.4%  
    1,815,000    

Amgen, Inc.
2.65%, 05/11/2022

    1,757,692  
    1,065,000    

Celgene Corp.
4.63%, 05/15/2044

    988,561  
 

Gilead Sciences, Inc.

 

    835,000    

3.25%, 09/01/2022

    830,187  
    4,490,000    

4.15%, 03/01/2047

    4,291,891  
     

 

 

 
    7,868,331  
     

 

 

 
      Chemicals - 0.5%  
    440,000    

CF Industries, Inc.
4.95%, 06/01/2043

    371,800  
    290,000    

Chemours Co.
5.38%, 05/15/2027

    280,575  
    1,080,000    

LyondellBasell Industries N.V.
4.63%, 02/26/2055

    998,437  
 

Methanex Corp.

 

    1,590,000    

4.25%, 12/01/2024

    1,561,983  
    625,000    

5.65%, 12/01/2044

    607,258  
    290,000    

Olin Corp.
5.13%, 09/15/2027

    282,025  
 

Sherwin-Williams Co.

 

    875,000    

3.13%, 06/01/2024

    835,738  
    1,830,000    

3.45%, 06/01/2027

    1,728,929  
 

Syngenta Finance N.V.

 

    2,570,000    

4.44%, 04/24/2023(1)

    2,555,612  
    1,810,000    

4.89%, 04/24/2025(1)

    1,774,665  
    265,000    

Versum Materials, Inc.
5.50%, 09/30/2024(1)

    268,683  
     

 

 

 
    11,265,705  
     

 

 

 
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 28.0% - (continued)  
      Commercial Banks - 9.1%  
 

Banco Bilbao Vizcaya Argentaria S.A.

 

  $       4,000,000    

5 year USD Swap + 3.870%,
6.13%, 11/16/2027(2)(6)(7)

  $ 3,530,000  
  EUR       600,000    

5 year EUR Swap + 9.177%,
8.88%, 04/14/2021(2)(7)(8)

    784,795  
 

Banco de Sabadell S.A.

 

    800,000    

5 year EUR Swap + 6.051%,
6.13%, 11/23/2022(2)(7)(8)

    922,095  
    2,200,000    

5 year EUR Swap + 6.414%,
6.50%, 05/18/2022(2)(7)(8)

    2,566,077  
 

Banco Santander S.A.

 

  $       3,600,000    

3.80%, 02/23/2028

    3,288,177  
    1,200,000    

3.85%, 04/12/2023

    1,173,591  
 

Bank of America Corp.

 

    4,765,000    

3 mo. USD LIBOR + 1.160%,
3.12%, 01/20/2023(2)

    4,686,298  
    6,005,000    

3 mo. USD LIBOR + 0.810%,
3.37%, 01/23/2026(2)

    5,777,509  
    4,620,000    

3 mo. USD LIBOR + 1.512%,
3.71%, 04/24/2028(2)

    4,455,674  
    1,020,000    

4.00%, 01/22/2025

    1,006,895  
    40,000    

4.18%, 11/25/2027

    38,956  
    2,285,000    

4.20%, 08/26/2024

    2,296,926  
    2,925,000    

7.75%, 05/14/2038

    3,960,964  
    1,030,000    

Barclays Bank plc
2.65%, 01/11/2021

    1,006,934  
    1,450,000    

Barclays plc
5 year USD Swap + 6.772%,
7.88%, 03/15/2022(2)(7)(8)

    1,498,012  
 

BNP Paribas S.A.

 

    1,065,000    

2.95%, 05/23/2022(1)

    1,028,072  
    2,890,000    

3.38%, 01/09/2025(1)

    2,730,133  
    1,505,000    

5 year USD Swap + 2.838%,
5.13%, 11/15/2027(1)(2)(7)

    1,325,724  
    1,940,000    

5 year USD Swap + 6.314%,
7.63%, 03/30/2021(1)(2)(6)(7)

    2,024,875  
 

BPCE S.A.

 

    1,265,000    

2.75%, 01/11/2023(1)

    1,208,749  
    1,245,000    

3.00%, 05/22/2022(1)

    1,202,494  
    1,020,000    

Branch Banking & Trust Co.
1.45%, 05/10/2019

    1,008,931  
  EUR       400,000    

Caixa Geral de Depositos S.A.
5 year EUR Swap + 10.925%,
10.75%, 03/30/2022(2)(7)(8)

    513,248  
    1,200,000    

CaixaBank S.A.
5 year EUR Swap + 6.498%,
6.75%, 06/13/2024(2)(7)(8)

    1,488,945  
 

Citigroup, Inc.

 

  $       1,025,000    

2.50%, 09/26/2018

    1,024,709  
    1,905,000    

2.70%, 03/30/2021

    1,868,377  
    1,300,000    

2.70%, 10/27/2022

    1,248,420  
    2,960,000    

3 mo. USD LIBOR + 1.100%, 3.42%, 05/17/2024(2)

    2,974,801  
    1,085,000    

3 mo. USD LIBOR + 1.151%, 3.52%, 10/27/2028(2)

    1,019,400  
    1,025,000    

3 mo. USD LIBOR + 1.192%, 4.08%, 04/23/2029(2)

    1,005,680  
    4,190,000    

4.45%, 09/29/2027

    4,121,418  
    111,000    

4.65%, 07/30/2045

    110,459  
    1,580,000    

4.75%, 05/18/2046

    1,502,460  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  131  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 28.0% - (continued)  
      Commercial Banks - 9.1% - (continued)  
 

Credit Agricole S.A.

 

  $       1,750,000    

5 year USD Swap +1.644%,
4.00%, 01/10/2033(1)(2)

  $ 1,597,416  
    4,000,000    

5 year USD Swap + 6.185%,
8.13%, 12/23/2025(1)(2)(7)

    4,235,000  
    5,685,000    

Credit Suisse Group AG
5 year USD Swap + 3.455%,
6.25%, 12/18/2024(1)(2)(7)

    5,557,701  
    685,000    

DNB Bank ASA
5 year USD Swap + 5.080%,
6.50%, 03/26/2022(2)(7)(8)

    699,556  
 

Goldman Sachs Group, Inc.

 

    1,340,000    

2.35%, 11/15/2021

    1,288,666  
    2,720,000    

2.88%, 02/25/2021

    2,684,619  
    2,235,000    

3 mo. USD LIBOR + 0.821%, 2.88%, 10/31/2022(2)

    2,181,852  
    3,040,000    

3 mo. USD LIBOR + 0.990%, 2.91%, 07/24/2023(2)

    2,928,036  
    4,430,000    

3 mo. USD LIBOR + 1.510%, 3.69%, 06/05/2028(2)

    4,199,566  
    3,860,000    

3 mo. USD LIBOR + 1.158%, 3.81%, 04/23/2029(2)

    3,671,391  
    2,285,000    

3 mo. USD LIBOR + 1.373%, 4.02%, 10/31/2038(2)

    2,081,968  
    1,250,000    

3 mo. USD LIBOR + 1.301%, 4.22%, 05/01/2029(2)

    1,231,138  
    3,687,000    

6.00%, 06/15/2020

    3,877,581  
    1,635,000    

6.25%, 02/01/2041

    1,908,962  
    1,890,000    

6.75%, 10/01/2037

    2,243,131  
 

HSBC Holdings plc

 

    1,305,000    

2.95%, 05/25/2021

    1,284,811  
    3,095,000    

3.40%, 03/08/2021

    3,093,885  
    3,010,000    

4.25%, 08/18/2025

    2,955,170  
    1,200,000    

3 mo. USD LIBOR + 1.535%, 4.58%, 06/19/2029(2)

    1,212,041  
    2,925,000    

5 year USD ICE Swap + 3.746%,
6.00%, 05/22/2027(2)(7)

    2,712,938  
    1,075,000    

5 year USD ICE Swap + 3.453%,
6.25%, 03/23/2023(2)(7)

    1,054,844  
 

Intesa Sanpaolo S.p.A.

 

    1,015,000    

3.38%, 01/12/2023(1)

    932,984  
    1,410,000    

3.88%, 01/12/2028(1)

    1,208,677  
    2,250,000    

5 year USD Swap + 5.462%,
7.70%, 09/17/2025(1)(2)(6)(7)

    2,101,500  
  EUR       1,375,000    

5 year EUR Swap + 7.192%,
7.75%, 01/11/2027(2)(7)(8)

    1,730,169  
 

JP Morgan Chase & Co.

 

  $       285,000    

2.30%, 08/15/2021

    275,342  
    6,670,000    

2.40%, 06/07/2021

    6,498,330  
    275,000    

2.55%, 10/29/2020

    270,826  
    2,890,000    

2.70%, 05/18/2023

    2,774,406  
    2,665,000    

3 mo. USD LIBOR + 1.155%, 3.22%, 03/01/2025(2)

    2,570,997  
    2,500,000    

3 mo. USD LIBOR + 0.945%, 3.51%, 01/23/2029(2)

    2,368,637  
    955,000    

3 mo. USD LIBOR + 1.230%, 3.59%, 10/24/2023(2)

    972,213  
 

Morgan Stanley

 

    3,220,000    

2.50%, 04/21/2021

    3,144,934  
    3,240,000    

2.75%, 05/19/2022

    3,138,751  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 28.0% - (continued)  
      Commercial Banks - 9.1% - (continued)  
  $       5,935,000    

3 mo. USD LIBOR + 1.340%, 3.59%, 07/22/2028(2)

  $ 5,640,903  
    2,120,000    

3.63%, 01/20/2027

    2,035,679  
    2,110,000    

3.95%, 04/23/2027

    2,011,445  
    3,275,000    

4.00%, 07/23/2025

    3,265,040  
    4,900,000    

Royal Bank of Canada
2.15%, 10/26/2020

    4,787,314  
    685,000    

Royal Bank of Scotland Group plc
5 year USD Swap + 7.598%,
8.63%, 08/15/2021(2)(7)

    727,984  
    1,825,000    

Santander Holdings USA, Inc.
3.70%, 03/28/2022

    1,798,145  
 

Societe Generale S.A.

 

    3,275,000    

5 year USD Swap + 6.238%,
7.38%, 09/13/2021(1)(2)(7)

    3,332,312  
    200,000    

5 year USD Swap + 4.979%,
7.88%, 12/18/2023(1)(2)(7)

    204,500  
    625,000    

5 year USD ICE Swap + 5.873%,
8.00%, 09/29/2025(1)(2)(7)

    650,000  
    1,950,000    

Standard Chartered plc
5 year USD Swap + 6.301%,
7.50%, 04/02/2022(2)(7)(8)

    1,998,750  
    2,325,000    

UBS AG
2.45%, 12/01/2020(1)

    2,272,727  
 

UBS Group Funding Switzerland AG

 

    3,045,000    

2.65%, 02/01/2022(1)

    2,933,543  
    3,050,000    

5 year USD ICE Swap + 5.497%,
6.88%, 03/22/2021(2)(7)(8)

    3,125,420  
    1,620,000    

5 year USD Swap + 5.464%,
7.13%, 02/19/2020(2)(7)(8)

    1,662,616  
 

UniCredit S.p.A.

 

  EUR       1,215,000    

5 year USD Swap + 4.925%,
5.38%, 06/03/2025(2)(7)(8)

    1,269,895  
    2,225,000    

5 year EUR Swap + 6.387%,
6.63%, 06/03/2023(2)(7)(8)

    2,575,619  
  $       625,000    

5 year USD Swap + 5.180%,
8.00%, 06/03/2024(2)(7)(8)

    585,783  
 

Wells Fargo & Co.

 

    1,795,000    

2.63%, 07/22/2022

    1,728,915  
    1,655,000    

3.00%, 04/22/2026

    1,534,262  
    665,000    

3.00%, 10/23/2026

    614,018  
    4,800,000    

3.07%, 01/24/2023

    4,667,692  
    4,485,000    

3 mo. USD LIBOR + 1.310%,
3.58%, 05/22/2028(2)

    4,297,184  
    1,370,000    

4.40%, 06/14/2046

    1,254,244  
    2,440,000    

4.90%, 11/17/2045

    2,409,878  
    890,000    

5.61%, 01/15/2044

    957,503  
     

 

 

 
    203,429,207  
     

 

 

 
      Commercial Services - 0.3%  
    6,128,000    

Acwa Power Management And Investments One Ltd.
5.95%, 12/15/2039(1)

    5,986,321  
 

Ashtead Capital, Inc.

 

    200,000    

4.13%, 08/15/2025(1)

    186,500  
    200,000    

4.38%, 08/15/2027(1)

    186,000  
    445,000    

Cardtronics, Inc.
5.13%, 08/01/2022

    424,975  
    400,000    

United Rentals North America, Inc.
5.50%, 07/15/2025

    403,000  
     

 

 

 
    7,186,796  
     

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  132  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 28.0% - (continued)  
      Construction Materials - 0.0%  
 

Standard Industries, Inc.

 

  $       60,000    

5.38%, 11/15/2024(1)

  $ 59,250  
    930,000    

6.00%, 10/15/2025(1)

    932,325  
     

 

 

 
    991,575  
     

 

 

 
      Diversified Financial Services - 0.2%  
    2,425,000    

American Express Co.
3.40%, 02/27/2023

    2,396,849  
 

Navient Corp.

 

    660,000    

5.88%, 03/25/2021

    669,900  
    390,000    

7.25%, 01/25/2022

    408,038  
     

 

 

 
    3,474,787  
     

 

 

 
      Electric - 1.3%  
 

AES Corp.

 

    1,080,000    

4.00%, 03/15/2021

    1,074,600  
    220,000    

4.50%, 03/15/2023

    218,075  
    620,000    

4.88%, 05/15/2023

    618,450  
    50,000    

5.13%, 09/01/2027

    49,875  
    1,180,000    

Berkshire Hathaway Energy Co.
3.25%, 04/15/2028

    1,122,237  
    1,605,000    

DTE Energy Co.
1.50%, 10/01/2019

    1,573,775  
    1,525,000    

Duke Energy Carolinas LLC
4.25%, 12/15/2041

    1,553,960  
    1,525,000    

Duke Energy Florida LLC
3.40%, 10/01/2046

    1,337,392  
    1,495,000    

Duke Energy Progress LLC
4.38%, 03/30/2044

    1,548,101  
    125,000    

Emera U.S. Finance L.P.
4.75%, 06/15/2046

    122,825  
    3,000,000    

Exelon Corp.
2.85%, 06/15/2020

    2,973,296  
    510,000    

FirstEnergy Corp.
4.25%, 03/15/2023

    518,181  
    645,000    

Fortis, Inc.
2.10%, 10/04/2021

    615,484  
    1,590,000    

IPALCO Enterprises, Inc.
3.70%, 09/01/2024

    1,541,759  
    565,000    

Oncor Electric Delivery Co. LLC
7.00%, 09/01/2022

    643,646  
 

Pacific Gas & Electric Co.

 

    785,000    

2.95%, 03/01/2026

    700,220  
    4,390,000    

3.30%, 12/01/2027

    3,941,974  
    2,760,000    

6.05%, 03/01/2034

    2,980,441  
    2,275,000    

South Carolina Electric & Gas Co.
4.50%, 06/01/2064

    2,072,070  
    245,000    

Southern California Edison Co.
4.13%, 03/01/2048

    231,802  
 

Southern Co.

 

    1,360,000    

1.85%, 07/01/2019

    1,346,476  
    2,450,000    

2.75%, 06/15/2020

    2,428,935  
    625,000    

2.95%, 07/01/2023

    602,880  
     

 

 

 
    29,816,454  
     

 

 

 
      Electronics - 0.1%  
    1,375,000    

Fortive Corp.
2.35%, 06/15/2021

    1,332,609  
     

 

 

 
      Engineering & Construction - 0.5%  
    1,215,000    

Mexico City Airport Trust
3.88%, 04/30/2028(1)

    1,102,977  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 28.0% - (continued)  
      Engineering & Construction - 0.5% - (continued)  
 

SBA Tower Trust

 

  $       4,815,000    

3.17%, 04/09/2047(1)

  $ 4,710,885  
    4,540,000    

3.45%, 03/15/2048(1)

    4,509,899  
     

 

 

 
    10,323,761  
     

 

 

 
      Entertainment - 0.0%  
    275,000    

GLP Capital L.P. / GLP Financing II, Inc.
5.38%, 04/15/2026

    272,250  
 

WMG Acquisition Corp.

 

    445,000    

4.88%, 11/01/2024(1)

    433,875  
    260,000    

5.00%, 08/01/2023(1)

    258,700  
     

 

 

 
    964,825  
     

 

 

 
      Food - 0.2%  
 

Kraft Heinz Foods Co.

 

    1,485,000    

4.38%, 06/01/2046

    1,284,679  
    1,620,000    

4.63%, 01/30/2029

    1,604,426  
    1,730,000    

Sysco Corp.
2.50%, 07/15/2021

    1,689,344  
    285,000    

TreeHouse Foods, Inc.
6.00%, 02/15/2024(1)(6)

    289,988  
     

 

 

 
    4,868,437  
     

 

 

 
      Food Service - 0.0%  
    585,000    

Aramark Services, Inc.
5.00%, 02/01/2028(1)

    558,675  
     

 

 

 
      Gas - 0.1%  
 

AmeriGas Partners L.P. / AmeriGas Finance Corp.

 

    70,000    

5.63%, 05/20/2024

    68,863  
    375,000    

5.88%, 08/20/2026

    365,625  
    1,640,000    

Sempra Energy
2.40%, 02/01/2020

    1,620,177  
     

 

 

 
    2,054,665  
     

 

 

 
      Healthcare - Products - 0.5%  
 

Becton Dickinson and Co.

 

    4,645,000    

3.36%, 06/06/2024

    4,461,914  
    2,610,000    

3.70%, 06/06/2027

    2,470,631  
    2,385,000    

Boston Scientific Corp.
4.00%, 03/01/2028

    2,331,862  
    855,000    

Thermo Fisher Scientific, Inc.
3.00%, 04/15/2023

    831,315  
     

 

 

 
    10,095,722  
     

 

 

 
      Healthcare - Services - 0.5%  
    855,000    

Aetna, Inc.
2.80%, 06/15/2023

    814,669  
 

Anthem, Inc.

 

    3,625,000    

3.50%, 08/15/2024

    3,532,714  
    2,305,000    

3.65%, 12/01/2027

    2,183,502  
    410,000    

4.63%, 05/15/2042

    397,427  
 

Community Health Systems, Inc.

 

    535,000    

5.13%, 08/01/2021(6)

    494,875  
    90,000    

6.25%, 03/31/2023

    82,463  
    280,000    

Tenet Healthcare Corp.
6.00%, 10/01/2020

    287,700  
 

UnitedHealth Group, Inc.

 

    1,230,000    

3.50%, 06/15/2023

    1,231,472  
    1,260,000    

3.75%, 07/15/2025

    1,260,210  
    370,000    

4.25%, 04/15/2047

    368,336  
    705,000    

4.25%, 06/15/2048

    706,955  
    670,000    

4.75%, 07/15/2045

    715,835  
     

 

 

 
    12,076,158  
     

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  133  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 28.0% - (continued)  
      Home Builders - 0.1%  
  $       595,000    

Lennar Corp.
4.75%, 11/29/2027

  $ 557,991  
    285,000    

PulteGroup, Inc.
5.50%, 03/01/2026

    282,150  
    575,000    

Toll Brothers Finance Corp.
4.88%, 11/15/2025

    553,437  
     

 

 

 
    1,393,578  
     

 

 

 
      Insurance - 0.2%  
    1,335,000    

American International Group, Inc.
4.70%, 07/10/2035

    1,298,715  
    835,000    

CNO Financial Group, Inc.
5.25%, 05/30/2025

    828,737  
 

Genworth Holdings, Inc.

 

    20,000    

4.80%, 02/15/2024

    17,350  
    380,000    

4.90%, 08/15/2023

    332,500  
    15,000    

7.63%, 09/24/2021

    15,317  
    338,000    

Massachusetts Mutual Life Insurance Co.
8.88%, 06/01/2039(1)

    529,094  
    345,000    

MGIC Investment Corp.
5.75%, 08/15/2023

    351,900  
    1,035,000    

Willis North America, Inc.
3.60%, 05/15/2024

    1,000,221  
     

 

 

 
    4,373,834  
     

 

 

 
      Internet - 0.5%  
 

Alibaba Group Holding Ltd.

 

    3,400,000    

3.40%, 12/06/2027

    3,167,910  
    630,000    

4.00%, 12/06/2037

    583,285  
    1,050,000    

4.20%, 12/06/2047

    955,840  
 

Amazon.com, Inc.

 

    730,000    

2.80%, 08/22/2024

    703,383  
    2,885,000    

3.88%, 08/22/2037

    2,816,086  
 

Tencent Holdings Ltd.

 

    2,345,000    

2.99%, 01/19/2023(1)

    2,280,020  
    1,210,000    

3.60%, 01/19/2028(1)

    1,144,684  
     

 

 

 
    11,651,208  
     

 

 

 
      Iron/Steel - 0.3%  
    525,000    

ArcelorMittal
6.13%, 06/01/2025(6)

    565,687  
    285,000    

Commercial Metals Co
5.38%, 07/15/2027

    270,750  
 

Steel Dynamics, Inc.

 

    785,000    

4.13%, 09/15/2025

    752,619  
    275,000    

5.50%, 10/01/2024

    280,156  
 

Vale Overseas Ltd.

 

    3,910,000    

6.25%, 08/10/2026

    4,234,530  
    405,000    

6.88%, 11/10/2039

    458,663  
     

 

 

 
    6,562,405  
     

 

 

 
      IT Services - 0.2%  
 

Apple, Inc.

 

    865,000    

3.35%, 02/09/2027

    844,670  
    1,995,000    

3.45%, 02/09/2045

    1,782,980  
    250,000    

3.85%, 08/04/2046

    235,800  
    1,035,000    

Hewlett Packard Enterprise Co.
6.35%, 10/15/2045

    1,022,451  
     

 

 

 
    3,885,901  
     

 

 

 
      Leisure Time - 0.0%  
    150,000    

VOC Escrow Ltd.
5.00%, 02/15/2028(1)

    141,706  
     

 

 

 
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 28.0% - (continued)  
      Machinery - Construction & Mining - 0.0%  
  $       365,000    

Oshkosh Corp.
5.38%, 03/01/2025

  $ 374,125  
     

 

 

 
      Media - 2.0%  
 

21st Century Fox America, Inc.

 

    1,225,000    

6.15%, 03/01/2037

    1,436,820  
    1,175,000    

6.20%, 12/15/2034

    1,387,916  
 

CCO Holdings LLC / CCO Holdings Capital Corp.

 

    40,000    

5.13%, 02/15/2023

    39,588  
    150,000    

5.13%, 05/01/2027(1)

    140,344  
    145,000    

5.75%, 02/15/2026(1)

    142,462  
 

Charter Communications Operating LLC / Charter Communications Operating Capital

 

    6,120,000    

4.20%, 03/15/2028

    5,729,419  
    3,420,000    

6.48%, 10/23/2045

    3,604,801  
 

Comcast Corp.

 

    150,000    

2.35%, 01/15/2027

    131,374  
    490,000    

3.20%, 07/15/2036

    407,655  
    195,000    

3.40%, 07/15/2046

    158,130  
    1,815,000    

4.05%, 11/01/2052

    1,583,110  
 

Cox Communications, Inc.

 

    3,425,000    

3.15%, 08/15/2024(1)

    3,244,734  
    45,000    

3.85%, 02/01/2025(1)

    44,082  
    600,000    

4.80%, 02/01/2035(1)

    552,510  
    430,000    

CSC Holdings LLC
5.50%, 04/15/2027(1)

    410,650  
 

Discovery Communications LLC

 

    1,590,000    

3.80%, 03/13/2024

    1,564,850  
    1,057,000    

3.95%, 06/15/2025(1)

    1,030,404  
    895,000    

4.90%, 03/11/2026

    917,962  
    555,000    

DISH DBS Corp.
5.88%, 11/15/2024

    469,669  
    545,000    

Liberty Interactive LLC
8.25%, 02/01/2030

    578,054  
    1,715,000    

NBCUniversal Media LLC
5.95%, 04/01/2041

    1,931,513  
    520,000    

TEGNA, Inc.
5.50%, 09/15/2024(1)(6)

    520,000  
    1,350,000    

Time Warner Cable LLC
8.75%, 02/14/2019

    1,395,046  
    5,520,000    

Time Warner Entertainment Co. L.P.
8.38%, 07/15/2033

    6,815,184  
 

Viacom, Inc.

 

    5,595,000    

4.25%, 09/01/2023

    5,563,059  
    745,000    

4.38%, 03/15/2043

    625,091  
    55,000    

3 mo. USD LIBOR + 3.895%,
5.88%, 02/28/2057(2)

    51,975  
    79,000    

3 mo. USD LIBOR + 3.899%,
6.25%, 02/28/2057(2)

    74,853  
    550,000    

Videotron Ltd.
5.38%, 06/15/2024(1)

    563,062  
 

Warner Media LLC

 

    165,000    

2.95%, 07/15/2026

    148,329  
    2,725,000    

3.80%, 02/15/2027

    2,573,420  
    165,000    

3.88%, 01/15/2026

    158,518  
     

 

 

 
    43,994,584  
     

 

 

 
      Mining - 0.3%  
 

Anglo American Capital plc

 

    1,835,000    

3.75%, 04/10/2022(1)

    1,821,807  
    1,805,000    

4.13%, 09/27/2022(1)

    1,814,862  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  134  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 28.0% - (continued)  
      Mining - 0.3% - (continued)  
  $       940,000    

Corp. Nacional del Cobre de Chile
3.63%, 08/01/2027(1)

  $ 895,378  
    285,000    

FMG Resources August 2006 Pty Ltd.
5.13%, 05/15/2024(1)

    271,106  
    1,000,000    

Glencore Funding LLC
3.88%, 10/27/2027(1)

    924,070  
    560,000    

Kaiser Aluminum Corp.
5.88%, 05/15/2024

    571,200  
     

 

 

 
    6,298,423  
     

 

 

 
      Miscellaneous Manufacturing - 0.0%  
    1,000,000    

Ingersoll-Rand Global Holding Co., Ltd.
2.90%, 02/21/2021

    990,215  
     

 

 

 
      Office/Business Equipment - 0.1%  
    1,945,000    

Pitney Bowes, Inc.
4.70%, 04/01/2023

    1,750,500  
     

 

 

 
      Oil & Gas - 1.3%  
    150,000    

Aker BP ASA
5.88%, 03/31/2025(1)

    154,463  
 

Anadarko Petroleum Corp.

 

    200,000    

3.45%, 07/15/2024

    192,179  
    485,000    

4.50%, 07/15/2044

    451,654  
    270,000    

6.60%, 03/15/2046

    324,503  
    1,045,000    

Andeavor
3.80%, 04/01/2028

    986,970  
    280,000    

Antero Resources Corp.
5.63%, 06/01/2023

    283,500  
    3,385,000    

Canadian Natural Resources Ltd.
3.85%, 06/01/2027

    3,302,608  
 

Continental Resources, Inc.

 

    80,000    

4.90%, 06/01/2044

    78,351  
    110,000    

5.00%, 09/15/2022

    111,453  
    1,335,000    

EnCana Corp.
3.90%, 11/15/2021

    1,345,717  
 

Hess Corp.

 

    1,630,000    

4.30%, 04/01/2027

    1,574,299  
    105,000    

6.00%, 01/15/2040

    108,180  
    2,425,000    

Kerr-McGee Corp.
6.95%, 07/01/2024

    2,751,499  
    805,000    

Marathon Oil Corp.
3.85%, 06/01/2025

    791,935  
    295,000    

MEG Energy Corp.
6.50%, 01/15/2025(1)

    294,262  
 

Petroleos Mexicanos

 

    45,000    

6.50%, 03/13/2027

    46,144  
    2,730,000    

6.63%, 06/15/2035(6)

    2,668,575  
    515,000    

6.75%, 09/21/2047

    485,593  
    2,215,000    

Phillips 66
3.90%, 03/15/2028

    2,161,796  
    2,090,000    

Pioneer Natural Resources Co.
7.50%, 01/15/2020

    2,222,599  
 

QEP Resources, Inc.

 

    385,000    

5.25%, 05/01/2023

    376,337  
    10,000    

5.38%, 10/01/2022

    10,175  
    1,840,000    

Shell International Finance B.V.
4.38%, 05/11/2045

    1,885,786  
 

SM Energy Co.

 

    255,000    

6.13%, 11/15/2022(6)

    261,375  
    70,000    

6.75%, 09/15/2026

    70,175  
    295,000    

Sunoco L.P. / Sunoco Finance Corp.
5.50%, 02/15/2026(1)

    279,512  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 28.0% - (continued)  
      Oil & Gas - 1.3% - (continued)  
  $       2,320,000    

Tullow Oil plc
7.00%, 03/01/2025(1)

  $ 2,195,300  
    1,650,000    

Valero Energy Corp.
3.40%, 09/15/2026

    1,562,274  
 

WPX Energy, Inc.

 

    190,000    

5.25%, 09/15/2024

    186,913  
    72,000    

6.00%, 01/15/2022

    74,880  
  ARS       93,580,252    

YPF S.A.
16.50%, 05/09/2022(1)

    2,442,634  
     

 

 

 
    29,681,641  
     

 

 

 
      Packaging & Containers - 0.1%  
  $       695,000    

Owens-Brockway Glass Container, Inc.
5.88%, 08/15/2023(1)

    702,819  
    295,000    

Reynolds Group Issuer, Inc. / Reynolds Group Issuer LLC / Reynolds Group Issuer Lu
5.13%, 07/15/2023(1)

    291,312  
     

 

 

 
    994,131  
     

 

 

 
      Pharmaceuticals - 1.6%  
 

Allergan Funding SCS

 

    1,135,000    

3.45%, 03/15/2022

    1,116,826  
    945,000    

3.80%, 03/15/2025

    917,638  
    316,000    

Baxalta, Inc.
3.60%, 06/23/2022

    312,753  
    3,915,000    

Bayer U.S. Finance LLC
4.25%, 12/15/2025(1)

    3,935,949  
    3,305,000    

Cardinal Health, Inc.
2.62%, 06/15/2022

    3,168,219  
 

CVS Health Corp.

 

    7,365,000    

3.13%, 03/09/2020

    7,355,487  
    3,855,000    

4.10%, 03/25/2025

    3,834,573  
    1,640,000    

5.05%, 03/25/2048

    1,669,022  
    3,385,000    

GlaxoSmithKline Capital plc
3.13%, 05/14/2021

    3,390,679  
    2,875,000    

GlaxoSmithKline Capital, Inc.
3.63%, 05/15/2025

    2,870,050  
    280,000    

IQVIA, Inc.
4.88%, 05/15/2023(1)

    282,800  
 

Mylan N.V.

 

    865,000    

3.15%, 06/15/2021

    855,502  
    1,705,000    

3.75%, 12/15/2020

    1,715,651  
    310,000    

3.95%, 06/15/2026

    296,049  
    590,000    

Mylan, Inc.
5.20%, 04/15/2048(1)

    567,312  
    2,440,000    

Shire Acquisitions Investments Ireland DAC
2.40%, 09/23/2021

    2,335,968  
 

Valeant Pharmaceuticals International, Inc.

 

    315,000    

6.50%, 03/15/2022(1)

    326,025  
    140,000    

7.00%, 03/15/2024(1)

    146,783  
     

 

 

 
    35,097,286  
     

 

 

 
      Pipelines - 1.0%  
 

Andeavor Logistics L.P. / Tesoro Logistics Finance Corp.

 

    1,970,000    

4.25%, 12/01/2027

    1,887,057  
    211,000    

6.25%, 10/15/2022

    218,569  
 

DCP Midstream Operating L.P.

 

    241,000    

4.95%, 04/01/2022

    243,711  
    215,000    

5.60%, 04/01/2044

    202,906  
    995,000    

Enbridge, Inc.
3.70%, 07/15/2027

    942,872  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  135  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 28.0% - (continued)  
      Pipelines - 1.0% - (continued)  
  $       555,000    

Energy Transfer Equity L.P.
5.50%, 06/01/2027

  $ 555,000  
    800,000    

Energy Transfer Partners L.P.
4.20%, 09/15/2023

    799,607  
 

EQT Midstream Partners L.P.

 

    1,000,000    

4.75%, 07/15/2023

    998,389  
    1,250,000    

5.50%, 07/15/2028

    1,249,786  
    1,285,000    

Kinder Morgan, Inc.
5.55%, 06/01/2045

    1,293,525  
 

MPLX L.P.

 

    875,000    

4.00%, 03/15/2028

    832,191  
    1,740,000    

4.13%, 03/01/2027

    1,659,792  
    510,000    

4.70%, 04/15/2048

    472,875  
    325,000    

5.20%, 03/01/2047

    322,928  
    735,000    

Sabine Pass Liquefaction LLC
4.20%, 03/15/2028

    711,560  
 

Sunoco Logistics Partners Operations L.P.

 

    175,000    

5.30%, 04/01/2044

    158,627  
    180,000    

5.35%, 05/15/2045

    163,858  
 

Texas Eastern Transmission L.P.

 

    2,080,000    

2.80%, 10/15/2022(1)

    1,988,704  
    475,000    

3.50%, 01/15/2028(1)

    447,258  
    645,000    

TransCanada PipeLines Ltd.
4.75%, 05/15/2038

    644,758  
    475,000    

Transcontinental Gas Pipe Line Co. LLC
4.00%, 03/15/2028(1)

    461,633  
    2,140,000    

Valero Energy Partners L.P.
4.50%, 03/15/2028

    2,103,947  
    1,705,000    

Western Gas Partners L.P.
4.50%, 03/01/2028

    1,640,818  
 

Williams Cos., Inc.

 

    385,000    

3.70%, 01/15/2023

    372,488  
    70,000    

4.55%, 06/24/2024

    70,000  
    70,000    

5.75%, 06/24/2044

    72,363  
    570,000    

Williams Partners L.P.
4.30%, 03/04/2024

    572,039  
     

 

 

 
    21,087,261  
     

 

 

 
      Real Estate Investment Trusts - 0.1%  
 

Crown Castle International Corp.

 

    500,000    

3.15%, 07/15/2023

    478,638  
    600,000    

3.20%, 09/01/2024

    566,262  
    650,000    

Equinix, Inc.
5.88%, 01/15/2026

    658,450  
     

 

 

 
    1,703,350  
     

 

 

 
      Retail - 0.6%  
 

CVS Health Corp.

 

    1,743,000    

2.80%, 07/20/2020

    1,726,542  
    883,000    

3.88%, 07/20/2025

    855,568  
    1,690,000    

5.13%, 07/20/2045

    1,712,444  
    1,060,000    

Home Depot, Inc.
3.50%, 09/15/2056

    910,597  
    270,000    

Lowe’s Cos., Inc.
3.70%, 04/15/2046

    240,731  
    1,950,000    

McDonald’s Corp.
3.35%, 04/01/2023

    1,943,870  
    315,000    

Suburban Propane Partners L.P. / Suburban Energy Finance Corp.
5.88%, 03/01/2027

    294,525  
    445,000    

United Rentals North America, Inc.
4.88%, 01/15/2028

    412,048  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 28.0% - (continued)  
      Retail - 0.6% - (continued)  
  $       5,615,000    

Walmart, Inc.
3.40%, 06/26/2023

  $ 5,656,792  
     

 

 

 
    13,753,117  
     

 

 

 
      Semiconductors - 0.4%  
 

Broadcom Corp. / Broadcom Cayman Finance Ltd.

 

    1,385,000    

3.00%, 01/15/2022

    1,347,135  
    745,000    

3.13%, 01/15/2025

    691,108  
    4,135,000    

3.63%, 01/15/2024

    4,002,714  
    1,115,000    

Intel Corp.
4.10%, 05/19/2046

    1,120,463  
    1,875,000    

Microchip Technology, Inc.
4.33%, 06/01/2023(1)

    1,878,188  
    525,000    

Sensata Technologies B.V.
5.00%, 10/01/2025(1)

    528,938  
    310,000    

Sensata Technologies UK Financing Co. plc
6.25%, 02/15/2026(1)

    322,400  
     

 

 

 
    9,890,946  
     

 

 

 
      Software - 0.5%  
    30,000    

CDK Global, Inc.
5.88%, 06/15/2026

    30,570  
    905,000    

Fidelity National Information Services, Inc.
4.25%, 05/15/2028

    901,286  
 

First Data Corp.

 

    100,000    

5.00%, 01/15/2024(1)

    99,250  
    480,000    

5.38%, 08/15/2023(1)

    484,440  
 

Microsoft Corp.

 

    180,000    

3.30%, 02/06/2027

    177,243  
    1,620,000    

3.70%, 08/08/2046

    1,575,428  
    1,615,000    

3.95%, 08/08/2056

    1,578,755  
    465,000    

MSCI, Inc.
5.75%, 08/15/2025(1)

    478,950  
    50,000    

Open Text Corp.
5.88%, 06/01/2026(1)

    51,000  
    945,000    

Oracle Corp.
4.00%, 11/15/2047

    889,501  
 

salesforce.com, Inc.

 

    1,165,000    

3.25%, 04/11/2023

    1,158,169  
    780,000    

3.70%, 04/11/2028

    774,422  
    3,810,000    

Western Digital Corp.
4.75%, 02/15/2026

    3,705,225  
     

 

 

 
    11,904,239  
     

 

 

 
      Telecommunications - 2.2%  
 

AT&T, Inc.

 

    620,000    

4.10%, 02/15/2028(1)

    592,455  
    120,000    

4.13%, 02/17/2026

    117,290  
    715,000    

4.25%, 03/01/2027

    699,781  
    4,889,000    

4.30%, 02/15/2030(1)

    4,614,758  
    530,000    

4.50%, 05/15/2035

    490,220  
    3,640,000    

4.75%, 05/15/2046

    3,251,529  
    205,000    

5.80%, 02/15/2019

    208,518  
    7,400,000    

GTP Acquisition Partners LLC
3.48%, 06/15/2050(1)

    7,217,859  
 

Nokia Oyj

 

    1,190,000    

4.38%, 06/12/2027

    1,118,600  
    575,000    

6.63%, 05/15/2039

    599,438  
    420,000    

Sprint Communications, Inc.
7.00%, 03/01/2020(1)

    435,750  
    425,000    

Sprint Corp.
7.13%, 06/15/2024

    429,076  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  136  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 28.0% - (continued)  
      Telecommunications - 2.2% - (continued)  
  $       5,350,000    

Sprint Spectrum Co. LLC / Sprint Spectrum Co. II LLC / Sprint Spectrum Co. III LLC
5.15%, 09/20/2029(1)

  $ 5,243,000  
 

Telecom Italia Capital S.A.

 

    265,000    

6.00%, 09/30/2034

    252,545  
    160,000    

7.72%, 06/04/2038

    172,000  
    4,430,000    

Telecom Italia S.p.A.
5.30%, 05/30/2024(1)

    4,369,088  
 

Telefonica Emisiones SAU

 

    555,000    

4.67%, 03/06/2038

    519,128  
    925,000    

4.90%, 03/06/2048

    852,623  
    370,000    

5.21%, 03/08/2047

    356,648  
 

Verizon Communications, Inc.

 

    3,353,000    

4.27%, 01/15/2036

    3,093,138  
    3,185,000    

4.40%, 11/01/2034

    2,970,434  
    1,280,000    

4.50%, 08/10/2033

    1,239,529  
    2,910,000    

4.52%, 09/15/2048

    2,653,079  
    100,000    

4.81%, 03/15/2039

    96,696  
    610,000    

4.86%, 08/21/2046

    582,899  
    1,220,000    

5.01%, 08/21/2054

    1,146,379  
    1,800,000    

5.25%, 03/16/2037

    1,848,598  
    3,785,000    

Vodafone Group plc
4.38%, 05/30/2028

    3,740,008  
     

 

 

 
    48,911,066  
     

 

 

 
      Transportation - 0.5%  
    620,000    

Canadian Pacific Railway Co.
9.45%, 08/01/2021

    724,872  
    2,980,000    

CSX Corp.
3.25%, 06/01/2027

    2,800,332  
 

FedEx Corp.

 

    2,800,000    

4.05%, 02/15/2048

    2,515,129  
    895,000    

4.55%, 04/01/2046

    868,469  
    395,000    

4.75%, 11/15/2045

    393,367  
    1,735,000    

Norfolk Southern Corp.
2.90%, 06/15/2026

    1,618,825  
    3,150,000    

Union Pacific Corp.
4.38%, 09/10/2038

    3,185,189  
     

 

 

 
    12,106,183  
     

 

 

 
 

Total Corporate Bonds
(cost $645,832,583)

  $ 625,365,268  
     

 

 

 
     
FOREIGN GOVERNMENT OBLIGATIONS - 1.4%  
      Argentina - 0.1%  
  EUR       1,780,000    

Argentine Republic Government International Bond
5.25%, 01/15/2028

    1,777,275  
     

 

 

 
      Egypt - 0.0%  
  $       720,000    

Egypt Government International Bond
8.50%, 01/31/2047(8)

    696,686  
     

 

 

 
      Ghana - 0.1%  
    1,140,000    

Ghana Government International Bond
8.63%, 06/16/2049(1)

    1,109,243  
     

 

 

 
      Oman - 0.1%  
    1,370,000    

Oman Government International Bond
6.75%, 01/17/2048(1)

    1,239,850  
     

 

 

 
Shares or Principal Amount   Market Value  
FOREIGN GOVERNMENT OBLIGATIONS - 1.4% - (continued)  
      Panama - 0.1%  
 

Panama Government International Bond

 

  $       2,464,000    

4.30%, 04/29/2053

  $ 2,297,680  
    665,000    

4.50%, 04/16/2050

    640,063  
     

 

 

 
        2,937,743  
     

 

 

 
            Qatar - 0.1%  
    2,600,000    

Qatar Government International Bond
5.10%, 04/23/2048(1)

    2,592,096  
     

 

 

 
            Romania - 0.2%  
    3,902,000    

Romanian Government International Bond
6.13%, 01/22/2044(8)

    4,374,922  
     

 

 

 
            Saudi Arabia - 0.3%  
   

Saudi Government International Bond

 

    2,885,000    

4.50%, 10/26/2046(8)

    2,662,930  
    4,850,000    

4.63%, 10/04/2047(1)(6)

    4,521,073  
     

 

 

 
        7,184,003  
     

 

 

 
            United Arab Emirates - 0.4%  
   

Abu Dhabi Government International Bond

 

    1,395,000    

3.13%, 10/11/2027(1)

    1,298,187  
    7,260,000    

4.13%, 10/11/2047(1)

    6,643,815  
     

 

 

 
        7,942,002  
     

 

 

 
   

Total Foreign Government Obligations
(cost $31,445,684)

  $ 29,853,820  
     

 

 

 
     
MUNICIPAL BONDS - 1.1%  
            Education - 0.1%  
   

Chicago, IL, Board of Education

 

    740,000    

6.14%, 12/01/2039

    711,155  
    1,750,000    

6.32%, 11/01/2029

    1,728,353  
     

 

 

 
        2,439,508  
     

 

 

 
            General - 0.4%  
    2,810,000    

Chicago, IL, Transit Auth
6.90%, 12/01/2040

    3,656,428  
   

Puerto Rico Commonwealth Government Employees Retirement System

 
    4,575,000    

6.15%, 07/01/2038

    1,830,000  
    6,705,000    

6.30%, 07/01/2043

    2,682,000  
     

 

 

 
        8,168,428  
     

 

 

 
            General Obligation - 0.6%  
    2,485,000    

California State, GO Taxable
7.55%, 04/01/2039

    3,664,480  
   

City of Chicago, IL, GO

 

    1,015,000    

7.05%, 01/01/2029

    1,101,580  
    3,945,000    

7.38%, 01/01/2033

    4,386,327  
   

Illinois State, GO

 

    2,270,000    

5.38%, 07/01/2018

    2,270,000  
    3,160,000    

5.88%, 03/01/2019

    3,215,995  
     

 

 

 
        14,638,382  
     

 

 

 
   

Total Municipal Bonds
(cost $26,503,205)

  $ 25,246,318  
     

 

 

 
     
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  137  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
SENIOR FLOATING RATE INTERESTS - 2.8%(9)  
            Advertising - 0.0%  
  $       604,683    

Acosta Holdco, Inc.
1 mo. USD LIBOR + 3.250%, 5.34%, 09/26/2021(2)

  $ 454,268  
     

 

 

 
            Aerospace/Defense - 0.0%  
    358,200    

Circor International, Inc.
1 mo. USD LIBOR + 3.500%, 5.56%, 12/11/2024(2)

  $ 357,154  
    576,617    

TransDigm, Inc.
1 mo. USD LIBOR + 2.500%, 4.59%, 06/09/2023(2)

    572,580  
     

 

 

 
        929,734  
     

 

 

 
            Agriculture - 0.0%  
    730,927    

Pinnacle Operating Corp.
1 mo. USD LIBOR + 7.250%, 9.34%, 11/15/2021(2)

    671,539  
     

 

 

 
            Auto Manufacturers - 0.0%  
    154,613    

Navistar International Corp.
1 mo. USD LIBOR + 3.500%, 5.53%, 11/06/2024(2)

    154,517  
     

 

 

 
            Biotechnology - 0.1%  
    225,000    

Lifescan Global Corp.
1 mo. USD LIBOR + 6.000%, 0.00%, 05/23/2025(2)(10)

    217,688  
    768,744    

Sotera Health Holdings LLC
1 mo. USD LIBOR + 3.000%, 5.33%, 05/15/2022(2)

    765,861  
     

 

 

 
        983,549  
     

 

 

 
            Chemicals - 0.1%  
    724,050    

Chemours Co.
1 mo. USD LIBOR + 1.750%, 3.85%, 04/03/2025(2)

    714,094  
    425,419    

Univar, Inc.
1 mo. USD LIBOR + 2.500%, 4.59%, 07/01/2024(2)

    424,125  
     

 

 

 
        1,138,219  
     

 

 

 
            Coal - 0.0%  
    704,813    

Foresight Energy LLC
3 mo. USD LIBOR + 5.750%, 8.11%, 03/28/2022(2)

    699,308  
    175,615    

Peabody Energy Corp.
1 mo. USD LIBOR + 2.750%, 4.84%, 03/31/2025(2)

    174,191  
     

 

 

 
        873,499  
     

 

 

 
            Commercial Services - 0.2%  
    119,700    

Aramark Services, Inc.
1 mo. USD LIBOR + 1.750%, 4.08%, 03/11/2025(2)

    119,476  
    124,063    

Ascend Learning LLC
1 mo. USD LIBOR + 3.000%, 5.09%, 07/12/2024(2)

    123,597  
    135,000    

Asurion LLC
1 mo. USD LIBOR + 6.500%, 0.00%, 08/04/2025(2)(10)

    136,856  
    205,000    

Blackhawk Network Holdings, Inc.
1 mo. USD LIBOR + 3.000%, 5.07%, 06/15/2025(2)

    204,231  
Shares or Principal Amount   Market Value  
SENIOR FLOATING RATE INTERESTS - 2.8%(9) - (continued)  
            Commercial Services - 0.2% - (continued)  
  $       160,158    

Capital Automotive L.P.
1 mo. USD LIBOR + 6.000%, 8.10%, 03/24/2025(2)

  $ 160,826  
    100,000    

Energizer Holdings, Inc.
1 mo. USD LIBOR + 2.250%, 0.00%, 06/30/2025(2)(10)

    99,958  
    605,769    

Quikrete Holdings, Inc.
1 mo. USD LIBOR + 2.750%, 4.84%, 11/15/2023(2)

    602,486  
  EUR       180,000    

Techem GmbH
EURIBOR + 3.000%,
3.00%, 10/02/2024(2)

    209,416  
  $       1,019,700    

Tempo Acquisition LLC
1 mo. USD LIBOR + 3.000%, 5.09%, 05/01/2024(2)

    1,014,602  
    141,375    

Weight Watchers International, Inc.
3 mo. USD LIBOR + 4.750%, 7.01%, 11/29/2024(2)

    142,745  
    522,050    

Xerox Business Services LLC
1 mo. USD LIBOR + 3.000%, 4.59%, 12/07/2023(2)

    520,312  
     

 

 

 
        3,334,505  
     

 

 

 
            Construction Materials - 0.0%  
    270,000    

Pisces Midco, Inc.
1 mo. USD LIBOR + 3.750%, 6.09%, 04/12/2025(2)

    269,158  
     

 

 

 
            Distribution/Wholesale - 0.0%  
    130,000    

Reece Ltd.
0.00%, 05/30/2025(4)(10)

    129,350  
     

 

 

 
            Diversified Financial Services - 0.1%  
    464,125    

AlixPartners LLP
3 mo. USD LIBOR + 2.750%, 4.84%, 04/04/2024(2)

    463,313  
    224,438    

Crown Finance U.S., Inc.
1 mo. USD LIBOR + 2.500%, 4.59%, 02/28/2025(2)

    222,595  
  EUR       185,208    

Nets Holding A/S
EURIBOR + 3.250%,
3.25%, 02/06/2025(2)

    212,291  
  $       280,725    

RP Crown Parent LLC
1 mo. USD LIBOR + 2.750%, 4.84%, 10/12/2023(2)

    278,268  
    73,649    

SS&C Technologies Holdings Europe S.a.r.l.
1 mo. USD LIBOR + 2.500%, 4.59%, 04/16/2025(2)

    73,608  
     

 

 

 
    1,250,075  
     

 

 

 
      Electric - 0.0%  
    230,804    

Helix Gen Funding LLC
1 mo. USD LIBOR + 3.750%, 5.84%, 06/02/2024(2)

    231,044  
    340,327    

Seadrill Partners Finco LLC
3 mo. USD LIBOR + 6.000%, 8.33%, 02/21/2021(2)

    304,263  
     

 

 

 
    535,307  
     

 

 

 
      Energy - Alternate Sources - 0.0%  
    265,000    

BCP Renaissance Parent LLC
3 mo. USD LIBOR + 4.000%, 5.86%, 10/31/2024(2)

    264,295  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  138  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
SENIOR FLOATING RATE INTERESTS - 2.8%(9) - (continued)  
      Energy - Alternate Sources - 0.0% - (continued)  
  $       99,500    

Medallion Midland Acquisition LLC
1 mo. USD LIBOR + 3.250%,
5.34%, 10/30/2024(2)

  $ 98,505  
     

 

 

 
    362,800  
     

 

 

 
      Engineering & Construction - 0.0%  
    99,750    

ATS Consolidated, Inc.
1 mo. USD LIBOR + 3.750%,
5.84%, 02/28/2025(2)

    99,999  
    742,500    

Brand Energy & Infrastructure Services, Inc.
3 mo. USD LIBOR + 4.250%,
6.61%, 06/21/2024(2)

    743,057  
     

 

 

 
    843,056  
     

 

 

 
      Entertainment - 0.0%  
    230,985    

Camelot UK Holdco Ltd.
1 mo. USD LIBOR + 3.250%,
5.34%, 10/03/2023(2)

    230,062  
    432,828    

Scientific Games International, Inc.
2 mo. USD LIBOR + 2.750%,
4.91%, 08/14/2024(2)

    429,581  
     

 

 

 
    659,643  
     

 

 

 
      Food - 0.1%  
    100,000    

CHG PPC Parent LLC
1 mo. USD LIBOR + 2.750%,
4.84%, 03/31/2025(2)

    99,500  
    498,426    

Hostess Brands LLC
1 mo. USD LIBOR + 2.250%,
4.34%, 08/03/2022(2)

    494,687  
    782,100    

Post Holdings, Inc.
1 mo. USD LIBOR + 2.000%,
4.10%, 05/24/2024(2)

    776,829  
     

 

 

 
    1,371,016  
     

 

 

 
      Healthcare - Products - 0.1%  
    273,625    

Avantor, Inc.
1 mo. USD LIBOR + 4.000%,
6.09%, 11/21/2024(2)

    274,766  
    351,450    

Kinetic Concepts, Inc.
3 mo. USD LIBOR + 3.250%,
5.58%, 02/02/2024(2)

    351,559  
    233,238    

Parexel International Corp.
1 mo. USD LIBOR + 2.750%,
4.84%, 09/27/2024(2)

    231,780  
    294,750    

Revlon Consumer Products Corp.
1 mo. USD LIBOR + 3.500%,
5.59%, 09/07/2023(2)

    226,957  
     

 

 

 
    1,085,062  
     

 

 

 
      Healthcare - Services - 0.2%  
    360,937    

CDRH Parent, Inc.
3 mo. USD LIBOR + 4.250%,
6.57%, 07/01/2021(2)

    337,476  
    175,771    

Community Health Systems, Inc.
3 mo. USD LIBOR + 3.000%,
5.31%, 12/31/2019(2)

    175,414  
 

DentalCorp Perfect Smile ULC

 

    26,420    

0.00%, 06/06/2025(4)(10)(11)

    26,469  
    105,678    

1 mo. USD LIBOR + 3.750%,
5.76%, 06/06/2025(2)

    105,877  
Shares or Principal Amount   Market Value  
SENIOR FLOATING RATE INTERESTS - 2.8%(9) - (continued)  
      Healthcare - Services - 0.2% - (continued)  
  $       302,804    

Envision Healthcare Corp.
1 mo. USD LIBOR + 3.000%,
5.10%, 12/01/2023(2)

  $ 302,174  
    189,605    

Gentiva Health Services, Inc.
1 mo. USD LIBOR + 3.500%,
0.00%, 06/02/2025(2)(10)

    188,183  
    311,595    

Global Medical Response, Inc.
1 mo. USD LIBOR + 3.250%,
5.28%, 04/28/2022(2)

    302,313  
  EUR       220,000    

IQVIA, Inc.
EURIBOR + 2.000%,
2.50%, 06/07/2025(2)

    254,105  
    686,637    

Jaguar Holding Co.
3 mo. USD LIBOR + 2.500%,
4.59%, 08/18/2022(2)

    682,607  
    490,447    

MPH Acquisition Holdings LLC
3 mo. USD LIBOR + 2.750%,
5.08%, 06/07/2023(2)

    487,304  
    233,404    

One Call Corp.
1 mo. USD LIBOR + 5.250%,
7.32%, 11/25/2022(2)

    222,901  
    370,828    

Syneos Health, Inc.
1 mo. USD LIBOR + 2.000%,
4.09%, 08/01/2024(2)

    368,685  
    1,015,428    

U.S. Renal Care, Inc.
3 mo. USD LIBOR + 4.250%,
6.55%, 12/31/2022(2)

    999,770  
     

 

 

 
    4,453,278  
     

 

 

 
      Household Products - 0.0%  
    293,525    

Diamond (BC) B.V.
2 mo. USD LIBOR + 3.000%,
5.10%, 09/06/2024(2)

    287,654  
     

 

 

 
      Insurance - 0.2%  
 

Asurion LLC

 

    898,912    

1 mo. USD LIBOR + 2.750%,
4.84%, 08/04/2022(2)

    896,665  
    240,000    

1 mo. USD LIBOR + 6.000%,
8.09%, 08/04/2025(2)

    243,300  
    427,687    

Evertec Group LLC
1 mo. USD LIBOR + 2.500%,
4.59%, 04/17/2020(2)

    425,549  
    225,000    

Hub International Ltd.
2 mo. USD LIBOR + 3.000%,
5.36%, 04/25/2025(2)

    223,511  
 

Sedgwick Claims Management Services, Inc.

 

    895,844    

1 mo. USD LIBOR + 2.750%,
4.84%, 03/01/2021(2)

    890,057  
    1,250,000    

1 mo. USD LIBOR + 5.750%,
7.89%, 02/28/2022(2)

    1,253,912  
    530,988    

USI, Inc.
3 mo. USD LIBOR + 3.000%,
5.33%, 05/16/2024(2)

    527,403  
     

 

 

 
    4,460,397  
     

 

 

 
      Internet - 0.0%  
    613,887    

Lands’ End, Inc.
1 mo. USD LIBOR + 3.250%,
5.34%, 04/04/2021(2)

    592,401  
     

 

 

 
      IT Services - 0.0%  
    155,000    

Trans Union LLC
1 mo. USD LIBOR + 2.000%,
0.00%, 06/08/2025(2)(10)

    154,419  
     

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  139  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
SENIOR FLOATING RATE INTERESTS - 2.8%(9) - (continued)  
      Leisure Time - 0.1%  
  $       442,935    

Caesars Resort Collection LLC
1 mo. USD LIBOR + 2.750%,
4.84%, 12/22/2024(2)

  $ 441,204  
    1,120,546    

Delta (LUX) S.a.r.l.
1 mo. USD LIBOR + 2.500%,
4.59%, 02/01/2024(2)

    1,104,443  
    756,200    

Golden Entertainment, Inc.
1 mo. USD LIBOR + 3.000%,
5.10%, 10/20/2024(2)

    753,841  
     

 

 

 
    2,299,488  
     

 

 

 
      Lodging - 0.1%  
    252,056    

Boyd Gaming Corp.
1 Week USD LIBOR + 2.500%,
4.49%, 09/15/2023(2)

    252,405  
    661,675    

Caesars Entertainment Operating Co.
1 mo. USD LIBOR + 2.000%,
4.09%, 10/06/2024(2)

    656,163  
    120,000    

Wyndham Hotels & Resorts, Inc.
1 mo. USD LIBOR + 1.750%,
3.73%, 05/30/2025(2)

    119,700  
     

 

 

 
    1,028,268  
     

 

 

 
      Machinery - Construction & Mining - 0.0%  
    94,545    

Pike Corp.
1 mo. USD LIBOR + 3.500%,
5.60%, 03/23/2025(2)

    94,742  
     

 

 

 
      Machinery - Diversified - 0.0%  
    466,634    

Gates Global LLC
3 mo. USD LIBOR + 2.750%,
5.08%, 04/01/2024(2)

    465,882  
    100,000    

Zodiac Pool Solutions LLC
1 mo. USD LIBOR + 2.250%,
0.00%, 03/31/2025(2)(10)

    99,542  
     

 

 

 
    565,424  
     

 

 

 
      Media - 0.2%  
    194,025    

Altice Financing S.A.
3 mo. USD LIBOR + 2.750%, 5.10%, 01/31/2026(2)

    189,902  
    1,543,827    

Charter Communications Operating LLC
1 mo. USD LIBOR + 2.000%, 4.10%, 04/30/2025(2)

    1,540,446  
  EUR       104,738    

Crown Finance U.S., Inc.
EURIBOR + 2.625%,
2.63%, 02/28/2025(2)

    120,828  
  $       220,000    

CSC Holdings LLC
1 mo. USD LIBOR + 2.500%, 4.57%, 01/25/2026(2)

    219,083  
    269,508    

MTN Infrastructure TopCo, Inc.
1 mo. USD LIBOR + 3.250%, 5.09%, 11/15/2024(2)

    269,591  
    701,152    

Numericable Group S.A.
3 mo. USD LIBOR + 3.000%, 5.35%, 01/31/2026(2)

    688,384  
    194,513    

PSAV Holdings LLC
3 mo. USD LIBOR + 3.250%, 5.24%, 03/01/2025(2)

    192,242  
    160,000    

Shutterfly, Inc.
1 mo. USD LIBOR + 2.750%, 4.85%, 08/17/2024(2)

    160,067  
Shares or Principal Amount   Market Value  
SENIOR FLOATING RATE INTERESTS - 2.8%(9) - (continued)  
      Media - 0.2% - (continued)  
  $       395,000    

Sinclair Television Group, Inc.
1 mo. USD LIBOR + 2.250%, 0.00%, 12/12/2024(2)(10)

  $ 393,274  
    220,000    

Telenet Financing USD LLC
1 mo. USD LIBOR + 2.250%, 4.32%, 08/17/2026(2)

    217,708  
    525,000    

UPC Financing Partnership
1 mo. USD LIBOR + 2.500%, 4.57%, 01/15/2026(2)

    518,584  
     

 

 

 
    4,510,109  
     

 

 

 
      Metal Fabricate/Hardware - 0.0%  
    298,561    

Rexnord LLC
1 mo. USD LIBOR + 2.250%, 4.34%, 08/21/2024(2)

    298,003  
     

 

 

 
      Miscellaneous Manufacturing - 0.0%  
  EUR       200,000    

CTC AcquiCo GmbH
EURIBOR + 3.000%,
3.00%, 03/07/2025(2)

    230,554  
  $       158,084    

H.B. Fuller Co.
1 mo. USD LIBOR + 2.000%, 4.08%, 10/20/2024(2)

    156,701  
     

 

 

 
    387,255  
     

 

 

 
      Oil & Gas - 0.1%  
    90,000    

Ascent Resources - Marcellus LLC
1 mo. USD LIBOR + 6.500%, 8.50%, 03/30/2023(2)

    90,000  
    257,400    

BCP Raptor LLC
2 mo. USD LIBOR + 4.250%, 6.42%, 06/24/2024(2)

    251,287  
    455,000    

California Resources Corp.
1 mo. USD LIBOR + 10.375%, 12.47%, 12/31/2021(2)

    502,775  
    470,000    

Chesapeake Energy Corp.
3 mo. USD LIBOR + 7.500%, 9.59%, 08/23/2021(2)

    491,248  
    764,040    

Fieldwood Energy LLC
1 mo. USD LIBOR + 5.250%, 7.34%, 04/11/2022(2)

    764,422  
    790,575    

Philadelphia Energy Solutions LLC
PRIME + 4.000%,
9.00%, 04/04/2019(2)

    735,235  
    120,000    

Traverse Midstream Partners LLC
3 mo. USD LIBOR + 4.000%, 6.34%, 09/27/2024(2)

    119,850  
     

 

 

 
    2,954,817  
     

 

 

 
      Oil & Gas Services - 0.0%  
 

EG Group Ltd.

 

  EUR       79,561    

1 mo. USD LIBOR + 4.000%, 0.00%, 02/06/2025(2)(10)(11)

    91,711  
    156,953    

EURIBOR + 4.000%,
4.00%, 02/06/2025(2)

    181,202  
     

 

 

 
    272,913  
     

 

 

 
      Packaging & Containers - 0.1%  
  $       1,179,988    

Berry Global, Inc.
1 mo. USD LIBOR + 1.750%, 3.92%, 02/08/2020(2)

    1,176,872  
    115,000    

Crown Americas LLC
3 mo. USD LIBOR + 2.000%, 4.31%, 01/29/2025(2)

    114,952  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  140  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
SENIOR FLOATING RATE INTERESTS - 2.8%(9) - (continued)  
      Packaging & Containers - 0.1% - (continued)  
  $       405,900    

Flex Acquisition Co., Inc.
3 mo. USD LIBOR + 3.000%, 5.31%, 12/29/2023(2)

  $ 403,806  
    201,925    

Proampac PG Borrower LLC
1 mo. USD LIBOR + 3.500%, 5.61%, 11/18/2023(2)

    200,600  
    1,198,117    

Reynolds Group Holdings, Inc.
1 mo. USD LIBOR + 2.750%, 4.84%, 02/05/2023(2)

    1,194,619  
     

 

 

 
    3,090,849  
     

 

 

 
      Pharmaceuticals - 0.1%  
    811,800    

Endo Luxembourg Finance Co. I S.a r.l.
1 mo. USD LIBOR + 4.250%, 6.38%, 04/29/2024(2)

    809,771  
    518,099    

Valeant Pharmaceuticals International, Inc.
1 mo. USD LIBOR + 3.000%, 4.98%, 06/01/2025(2)

    515,995  
     

 

 

 
    1,325,766  
     

 

 

 
      Real Estate - 0.2%  
    721,166    

DTZ U.S. Borrower LLC
3 mo. USD LIBOR + 3.250%, 5.57%, 11/04/2021(2)

    719,442  
    286,364    

VICI Properties LLC
1 mo. USD LIBOR + 2.000%, 4.08%, 12/20/2024(2)

    284,127  
    2,900,000    

Willowbrook Dus
0.00%, 07/01/2030(4)(10)

    2,909,856  
     

 

 

 
    3,913,425  
     

 

 

 
      Retail - 0.3%  
 

Albertsons LLC

 

    623,456    

1 mo. USD LIBOR + 2.750%, 4.84%, 08/25/2021(2)

    616,941  
    304,604    

3 mo. USD LIBOR + 3.000%, 5.34%, 12/21/2022(2)

    301,616  
    986,957    

American Builders & Contractors Supply Co., Inc.
1 mo. USD LIBOR + 2.000%, 4.09%, 10/31/2023(2)

    977,759  
    664,975    

Bass Pro Group LLC
1 mo. USD LIBOR + 5.000%, 7.09%, 09/25/2024(2)

    665,394  
    569,762    

Coty, Inc.
1 mo. USD LIBOR + 2.250%, 4.28%, 04/07/2025(2)

    556,230  
    498,078    

Harbor Freight Tools USA, Inc.
1 mo. USD LIBOR + 2.500%, 4.59%, 08/18/2023(2)

    495,279  
    949,313    

Neiman Marcus Group Ltd. LLC
1 mo. USD LIBOR + 3.250%, 5.26%, 10/25/2020(2)

    839,904  
    135,000    

Rodan & Fields LLC
1 mo. USD LIBOR + 4.000%, 0.00%, 06/06/2025(2)(10)

    134,916  
    389,045    

Staples, Inc.
3 mo. USD LIBOR + 4.000%, 6.36%, 09/12/2024(2)

    383,575  
    503,399    

U.S. Foods, Inc.
1 mo. USD LIBOR + 2.500%, 4.09%, 06/27/2023(2)

    502,458  
     

 

 

 
    5,474,072  
     

 

 

 
Shares or Principal Amount   Market Value  
SENIOR FLOATING RATE INTERESTS - 2.8%(9) - (continued)  
      Semiconductors - 0.0%  
  $       210,000    

Microchip Technology, Inc.
1 mo. USD LIBOR + 2.000%, 4.10%, 05/29/2025(2)

  $ 209,563  
     

 

 

 
      Software - 0.4%  
    545,875    

Almonde, Inc.
3 mo. USD LIBOR + 3.500%, 5.81%, 06/13/2024(2)

    535,716  
    228,851    

Aristocrat Technologies, Inc.
3 mo. USD LIBOR + 1.750%, 4.11%, 10/19/2024(2)

    227,098  
    740,625    

Change Healthcare Holdings LLC
1 mo. USD LIBOR + 2.750%, 4.84%, 03/01/2024(2)

    737,729  
    346,836    

Epicor Software Corp.
1 mo. USD LIBOR + 3.250%, 5.35%, 06/01/2022(2)

    345,536  
    2,329,646    

First Data Corp.
1 mo. USD LIBOR + 2.250%, 4.09%, 04/26/2024(2)

    2,314,247  
    816,757    

Hyland Software, Inc.
1 mo. USD LIBOR + 3.250%, 5.34%, 07/01/2022(2)

    817,607  
    832,754    

Infor U.S., Inc.
1 mo. USD LIBOR + 2.750%, 4.84%, 02/01/2022(2)

    827,966  
    140,000    

Quest Software U.S. Holdings, Inc.
3 mo. USD LIBOR + 4.250%, 6.58%, 05/16/2025(2)

    139,359  
    194,677    

SS&C Technologies, Inc.
1 mo. USD LIBOR + 2.500%, 4.59%, 04/16/2025(2)

    194,568  
    1,651,300    

WEX, Inc.
1 mo. USD LIBOR + 2.250%, 4.34%, 06/30/2023(2)

    1,649,698  
     

 

 

 
    7,789,524  
     

 

 

 
      Telecommunications - 0.1%  
    300,000    

Level 3 Financing, Inc.
1 mo. USD LIBOR + 2.250%, 4.33%, 02/22/2024(2)

    298,875  
    1,007,250    

Sprint Communications, Inc.
1 mo. USD LIBOR + 2.500%, 4.63%, 02/02/2024(2)

    1,001,791  
    440,000    

Unitymedia Finance LLC
1 mo. USD LIBOR + 2.250%, 4.32%, 09/30/2025(2)

    436,427  
    664,139    

Univision Communications, Inc.
1 mo. USD LIBOR + 2.750%, 4.84%, 03/15/2024(2)

    641,173  
    160,000    

Zacapa LLC
1 mo. USD LIBOR + 5.000%, 0.00%, 07/03/2025(2)(10)

    159,200  
    361,056    

Zayo Group LLC
1 mo. USD LIBOR + 2.250%, 4.34%, 01/19/2024(2)

    360,543  
     

 

 

 
    2,898,009  
     

 

 

 
 

Total Senior Floating Rate Interests
(cost $62,768,738)

  $ 62,105,673  
     

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  141  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 57.0%  
      Mortgage-Backed Agencies - 57.0%  
      FHLMC - 17.9%  
  $       146,600    

0.00%, 11/15/2036(12)

  $ 133,156  
    54,797,170    

0.32%, 10/25/2020(4)(5)

    202,097  
    21,118,119    

0.74%, 03/25/2027(4)(5)

    955,572  
    2,531,432    

1.75%, 10/15/2042

    2,391,117  
    11,483,953    

2.06%, 08/25/2018(4)(5)

    10,704  
    998,932    

2.50%, 05/15/2028(5)

    75,049  
    3,197,654    

3.00%, 03/15/2028(5)

    251,899  
    2,908,690    

3.00%, 08/01/2029

    2,903,041  
    1,418,582    

3.00%, 05/15/2032(5)

    104,322  
    1,005,328    

3.00%, 03/15/2033(5)

    124,517  
    18,012,413    

3.00%, 04/01/2033

    17,894,257  
    10,050,000    

3.00%, 07/01/2033(13)

    9,978,904  
    6,322,729    

3.00%, 11/01/2036

    6,234,993  
    4,103,733    

3.00%, 01/01/2037

    4,040,440  
    4,225,000    

3.00%, 08/15/2043

    4,052,718  
    1,393,133    

3.00%, 05/15/2046

    1,376,052  
    10,031,552    

3.00%, 11/01/2046

    9,738,198  
    1,840,802    

3.00%, 12/01/2046

    1,788,311  
    19,115,259    

3.00%, 01/01/2048

    18,514,526  
    5,297,449    

3.00%, 02/15/2048

    5,255,622  
    45,950,000    

3.00%, 07/01/2048(13)

    44,473,829  
    1,702,866    

3.50%, 06/15/2026(5)

    113,335  
    584,863    

3.50%, 09/15/2026(5)

    53,072  
    1,011,264    

3.50%, 03/15/2027(5)

    88,668  
    9,200,000    

3.50%, 07/01/2033(13)

    9,303,049  
    5,506,141    

3.50%, 08/01/2034

    5,565,965  
    3,606,380    

3.50%, 03/15/2041(5)

    443,451  
    1,573,394    

3.50%, 06/01/2046

    1,569,538  
    6,450,063    

3.50%, 10/01/2047

    6,420,591  
    70,676,000    

3.50%, 07/01/2048(13)

    70,305,007  
    4,988,096    

4.00%, 08/01/2025

    5,132,117  
    2,247,191    

4.00%, 12/15/2026(5)

    194,110  
    3,875,991    

4.00%, 07/15/2027(5)

    367,524  
    1,642,461    

4.00%, 03/15/2028(5)

    166,139  
    879,963    

4.00%, 06/15/2028(5)

    92,120  
    2,275,693    

4.00%, 07/15/2030(5)

    243,819  
    4,396,030    

4.00%, 05/01/2042

    4,519,312  
    1,342,054    

4.00%, 08/01/2042

    1,379,758  
    1,898,513    

4.00%, 09/01/2042

    1,950,091  
    474,409    

4.00%, 07/01/2044

    487,590  
    322,217    

4.00%, 06/01/2045

    329,365  
    1,766,429    

4.00%, 02/01/2046

    1,807,814  
    82,475,000    

4.00%, 07/01/2048(13)

    84,064,359  
    944,479    

4.50%, 09/01/2044

    984,116  
    27,420,000    

4.50%, 07/01/2048(13)

    28,530,888  
    13,400,000    

4.50%, 08/01/2048(13)

    13,917,767  
    2,842,593    

4.75%, 07/15/2039

    3,023,138  
    110,624    

5.00%, 03/01/2028

    116,794  
    417,860    

5.00%, 03/01/2031

    443,826  
    713,897    

5.00%, 05/01/2031

    758,473  
    873,808    

5.00%, 09/01/2031

    922,547  
    850,935    

5.00%, 11/01/2031

    899,813  
    250,599    

5.00%, 07/01/2032

    265,156  
    1,324,920    

5.00%, 09/15/2033(5)

    255,744  
    17,529    

5.00%, 12/01/2034

    18,507  
    19,987    

5.00%, 11/01/2035

    21,264  
    36,768    

5.00%, 03/01/2039

    39,193  
    440,128    

5.00%, 08/01/2039

    469,660  
    17,588    

5.00%, 09/01/2039

    18,689  
Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 57.0% - (continued)  
      Mortgage-Backed Agencies - 57.0% - (continued)  
      FHLMC - 17.9% - (continued)  
  $       16,705    

5.00%, 12/01/2039

  $ 17,867  
    18,647    

5.00%, 04/01/2041

    19,910  
    44,449    

5.00%, 04/01/2044

    47,402  
    23,579    

5.00%, 05/01/2044

    24,994  
    4,450,000    

5.00%, 07/01/2048(13)

    4,697,257  
    50    

5.50%, 10/01/2018

    50  
    54,687    

5.50%, 03/01/2028

    58,467  
    93,509    

5.50%, 04/01/2033

    101,332  
    1,073,987    

5.50%, 05/01/2034

    1,164,809  
    1,440    

5.50%, 11/01/2035

    1,561  
    22,482    

5.50%, 05/01/2037

    24,308  
    56,847    

5.50%, 11/01/2037

    61,512  
    99,998    

5.50%, 02/01/2038

    108,162  
    41,973    

5.50%, 04/01/2038

    45,405  
    52,038    

5.50%, 06/01/2038

    56,273  
    5,804,234    

5.50%, 08/01/2038

    6,282,120  
    575,264    

5.50%, 09/01/2038

    622,270  
    11,455    

5.50%, 12/01/2039

    12,391  
    150,423    

5.50%, 02/01/2040

    162,743  
    490,303    

5.50%, 05/01/2040

    530,480  
    488,627    

5.50%, 08/01/2040

    528,591  
    2,052,254    

5.50%, 06/01/2041

    2,220,163  
    1,530    

6.00%, 07/01/2029

    1,673  
    264,101    

6.00%, 10/01/2032

    291,217  
    310,514    

6.00%, 11/01/2032

    340,706  
    327,078    

6.00%, 12/01/2032

    360,727  
    22,195    

6.00%, 11/01/2033

    24,488  
    37,427    

6.00%, 01/01/2034

    41,145  
    25,369    

6.00%, 02/01/2034

    27,981  
    275,441    

6.00%, 08/01/2034

    303,802  
    283,516    

6.00%, 09/01/2034

    312,805  
    273,981    

6.00%, 01/01/2035

    299,671  
    2,090,676    

6.00%, 11/01/2037

    2,302,462  
    108    

6.50%, 07/01/2031

    120  
    341    

6.50%, 08/01/2032

    380  
    1,000,133    

6.50%, 07/15/2036

    1,102,094  
    185,400    

6.50%, 12/01/2037

    206,390  
    115    

7.50%, 09/01/2029

    121  
    1,160    

7.50%, 11/01/2031

    1,240  
     

 

 

 
    398,186,782  
     

 

 

 
      FNMA - 23.6%  
  $       161,782    

0.00%, 03/25/2036(12)

  $ 132,368  
    1,342,156    

0.00%, 06/25/2036(12)

    1,135,493  
    4,676,211    

1.31%, 05/25/2046(4)(5)

    220,626  
    4,412,427    

1.38%, 04/25/2055(4)(5)

    210,753  
    3,226,026    

1.43%, 06/25/2055(4)(5)

    152,519  
    4,252,929    

1.54%, 08/25/2044(4)(5)

    171,001  
    2,800,574    

1.75%, 12/25/2042

    2,630,851  
    2,200,084    

2.00%, 09/25/2039

    2,055,318  
    1,350,585    

2.00%, 08/25/2043

    1,260,259  
    1,044,860    

2.50%, 06/25/2028(5)

    80,171  
    27,650,000    

2.50%, 07/01/2033(13)

    26,872,413  
    261,976    

2.50%, 01/01/2043

    246,449  
    5,038,370    

2.50%, 02/01/2043

    4,741,928  
    1,976,552    

2.50%, 03/01/2043

    1,860,066  
    4,090,743    

2.50%, 05/01/2043

    3,849,874  
    2,743,541    

2.50%, 06/01/2043

    2,579,996  
    1,879,343    

2.50%, 04/01/2045

    1,760,961  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  142  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 57.0% - (continued)  
      FNMA - 23.6% - (continued)  
  $       3,705,052    

2.88%, 12/01/2027

  $ 3,538,146  
    6,600,000    

2.98%, 12/01/2029

    6,252,077  
    2,479,497    

3.00%, 02/25/2027(5)

    187,285  
    957,671    

3.00%, 09/25/2027(5)

    92,878  
    6,676,118    

3.00%, 01/25/2028(5)

    567,789  
    4,087,248    

3.00%, 03/01/2037

    4,027,533  
    7,478,833    

3.00%, 09/25/2047

    7,364,214  
    6,662,832    

3.00%, 06/25/2048

    6,454,576  
    4,000,000    

3.02%, 12/01/2029

    3,803,156  
    8,000,000    

3.07%, 09/01/2029

    7,642,710  
    4,349,000    

3.13%, 01/01/2030

    4,180,473  
    4,000,000    

3.18%, 12/01/2029

    3,858,179  
    2,975,000    

3.19%, 02/25/2030(4)

    2,843,012  
    3,790,000    

3.22%, 01/01/2030

    3,661,783  
    485,274    

3.24%, 12/01/2026

    481,037  
    290,000    

3.29%, 06/01/2029

    283,610  
    6,500,000    

3.37%, 04/01/2028

    6,441,058  
    1,077,693    

3.50%, 05/25/2027(5)

    110,094  
    1,644,226    

3.50%, 10/25/2027(5)

    159,195  
    1,787,484    

3.50%, 05/25/2030(5)

    213,629  
    544,502    

3.50%, 08/25/2030(5)

    62,438  
    1,215,902    

3.50%, 02/25/2031(5)

    109,796  
    1,037,636    

3.50%, 09/25/2035(5)

    162,254  
    2,160,101    

3.50%, 10/01/2044

    2,162,095  
    2,546,252    

3.50%, 02/01/2045

    2,541,899  
    4,814,228    

3.50%, 09/01/2046

    4,806,000  
    2,245,288    

3.50%, 10/01/2046

    2,241,449  
    872,000    

3.50%, 10/25/2046(5)

    202,769  
    1,600,716    

3.50%, 11/01/2046

    1,599,468  
    1,581,061    

3.50%, 09/01/2047

    1,575,470  
    6,173,418    

3.50%, 11/25/2047

    6,208,584  
    1,141,416    

3.50%, 12/01/2047

    1,137,681  
    6,605,617    

3.50%, 01/01/2048

    6,577,808  
    1,274,827    

3.50%, 02/01/2048

    1,272,023  
    3,994,650    

3.50%, 04/25/2048

    4,025,371  
    280,631,000    

3.50%, 07/01/2048(13)

    279,310,912  
    1,969,056    

3.74%, 06/01/2026

    2,016,300  
    675,068    

3.89%, 05/01/2030

    692,521  
    291,873    

3.96%, 05/01/2034

    298,355  
    2,331,414    

4.00%, 06/01/2025

    2,400,158  
    694,773    

4.00%, 10/01/2025

    713,375  
    4,718,414    

4.00%, 10/01/2040

    4,845,207  
    2,113,496    

4.00%, 11/01/2040

    2,170,656  
    1,531,018    

4.00%, 12/01/2040

    1,572,385  
    743,006    

4.00%, 02/01/2041

    763,534  
    1,726,834    

4.00%, 03/01/2041

    1,773,343  
    775,808    

4.00%, 03/25/2042(5)

    116,206  
    799,842    

4.00%, 08/01/2042

    821,502  
    1,570,237    

4.00%, 09/01/2042

    1,612,755  
    443,644    

4.00%, 11/25/2042(5)

    68,756  
    341,569    

4.00%, 03/01/2045

    348,835  
    1,399,338    

4.00%, 07/01/2045

    1,439,091  
    812,574    

4.00%, 05/01/2046

    829,049  
    1,750,963    

4.00%, 06/01/2046

    1,786,452  
    1,648,451    

4.00%, 04/01/2047

    1,691,553  
    2,410,000    

4.00%, 07/01/2048(13)

    2,456,999  
    663,005    

4.50%, 04/01/2025

    685,208  
    854,991    

4.50%, 07/25/2027(5)

    90,299  
    1,238,342    

4.50%, 09/01/2035

    1,295,792  
    4,518,911    

4.50%, 08/01/2040

    4,750,158  
    4,225,532    

4.50%, 10/01/2040

    4,445,537  
Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 57.0% - (continued)  
      FNMA - 23.6% - (continued)  
  $       1,828,013    

4.50%, 10/01/2041

  $ 1,922,819  
    1,670,346    

4.50%, 09/01/2043

    1,757,212  
    32,700,000    

4.50%, 07/01/2048(13)

    34,049,156  
    29    

5.00%, 07/01/2018

    29  
    661    

5.00%, 09/01/2018

    660  
    86,966    

5.00%, 01/01/2020

    88,445  
    744,571    

5.00%, 06/01/2022

    764,760  
    295,674    

5.00%, 06/01/2025

    307,587  
    683,468    

5.00%, 04/25/2038

    714,191  
    3,452,231    

5.00%, 06/01/2047

    3,660,132  
    472,229    

5.46%, 05/25/2042(4)(5)

    48,776  
    26    

5.50%, 11/01/2018

    26  
    19,931    

5.50%, 08/01/2019

    20,037  
    36,421    

5.50%, 09/01/2019

    36,646  
    7,342    

5.50%, 10/01/2019

    7,387  
    3,534    

5.50%, 01/01/2020

    3,565  
    825    

5.50%, 03/01/2020

    833  
    189,647    

5.50%, 05/01/2020

    191,797  
    164,494    

5.50%, 06/01/2022

    169,432  
    262,753    

5.50%, 06/01/2033

    286,471  
    215,348    

5.50%, 08/01/2033

    232,981  
    1,258,083    

5.50%, 09/01/2033

    1,364,803  
    1,146,036    

5.50%, 12/01/2033

    1,252,134  
    951,467    

5.50%, 01/01/2034

    1,031,259  
    4,546,802    

5.50%, 11/01/2035

    4,938,734  
    1,350,941    

5.50%, 04/01/2036

    1,466,093  
    1,079,550    

5.50%, 09/01/2036

    1,174,250  
    105,821    

5.50%, 01/01/2037

    114,434  
    728,037    

5.50%, 04/25/2037

    788,875  
    2,898,067    

5.50%, 06/25/2042(5)

    640,991  
    2,684    

6.00%, 03/01/2022

    2,700  
    482,408    

6.00%, 12/01/2032

    536,051  
    392,751    

6.00%, 01/01/2033

    430,237  
    76,905    

6.00%, 02/01/2033

    84,049  
    617,048    

6.00%, 03/01/2033

    679,644  
    1,263,438    

6.00%, 02/01/2037

    1,389,936  
    2,988,038    

6.00%, 01/25/2042(5)

    576,215  
    1,977,960    

6.00%, 09/25/2047(5)

    462,318  
    1,329    

6.50%, 05/01/2031

    1,465  
    1,143    

6.50%, 09/01/2031

    1,263  
    1,730    

6.50%, 07/01/2032

    1,944  
    1,528    

7.00%, 07/01/2029

    1,717  
    94    

7.00%, 12/01/2030

    95  
    690    

7.00%, 02/01/2032

    717  
    254    

7.00%, 03/01/2032

    284  
    1,954    

7.00%, 09/01/2032

    2,048  
    2,056    

7.50%, 10/01/2022

    2,197  
    1,795    

7.50%, 06/01/2027

    2,014  
    2,207    

7.50%, 10/01/2029

    2,246  
    14,658    

7.50%, 03/01/2030

    16,082  
    8,473    

7.50%, 04/01/2030

    8,902  
    1,121    

7.50%, 06/01/2030

    1,261  
    2,025    

7.50%, 07/01/2030

    2,264  
    478    

7.50%, 08/01/2030

    523  
    5,701    

7.50%, 10/01/2030

    5,752  
    7,796    

7.50%, 01/01/2031

    7,935  
    26,128    

7.50%, 05/01/2031

    29,725  
    7,744    

7.50%, 06/01/2031

    7,955  
    1,811    

7.50%, 08/01/2031

    2,003  
    39,306    

7.50%, 09/01/2031

    40,693  
    302    

7.50%, 05/01/2032

    344  
     

 

 

 
    527,138,617  
     

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  143  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 57.0% - (continued)  
      GNMA - 15.5%  
  $       514,431    

1.75%, 09/20/2043

  $ 486,511  
    2,176,694    

2.50%, 12/16/2039

    2,119,486  
    1,198,944    

3.00%, 09/20/2028(5)

    104,804  
    669,389    

3.00%, 02/16/2043(5)

    110,316  
    7,904,616    

3.00%, 03/15/2045

    7,740,956  
    396,825    

3.00%, 04/15/2045

    388,609  
    4,791,882    

3.00%, 07/15/2045

    4,692,668  
    119,165    

3.00%, 08/15/2045

    116,698  
    458,326    

3.00%, 03/20/2047(14)

    396,468  
    1,290,013    

3.00%, 07/16/2047

    1,201,885  
    62,337,699    

3.00%, 11/20/2047

    61,027,775  
    514,735    

3.50%, 02/16/2027(5)

    46,745  
    1,267,249    

3.50%, 03/20/2027(5)

    126,240  
    1,122,354    

3.50%, 07/20/2040(5)

    129,147  
    1,631,516    

3.50%, 02/20/2041(5)

    199,293  
    2,717,270    

3.50%, 04/20/2042(5)

    355,205  
    4,082,231    

3.50%, 10/20/2042(5)

    720,158  
    436,686    

3.50%, 11/15/2042

    440,749  
    12,626    

3.50%, 12/15/2042

    12,728  
    306,814    

3.50%, 02/15/2043

    309,289  
    14,648    

3.50%, 03/15/2043

    14,766  
    1,980,669    

3.50%, 04/15/2043

    1,996,653  
    5,217,580    

3.50%, 05/15/2043

    5,254,225  
    298,169    

3.50%, 05/20/2043(5)

    51,092  
    2,415,988    

3.50%, 07/20/2043(5)

    374,454  
    2,545,865    

3.50%, 08/20/2047

    2,557,971  
    97,563,000    

3.50%, 07/01/2048(13)

    97,938,383  
    392,093    

4.00%, 12/16/2026(5)

    35,026  
    5,225,763    

4.00%, 05/20/2029(5)

    536,484  
    5,776,243    

4.00%, 07/20/2040

    5,973,009  
    6,828,809    

4.00%, 09/20/2040

    7,062,058  
    10,297,885    

4.00%, 10/20/2040

    10,649,571  
    1,649,820    

4.00%, 12/20/2040

    1,706,299  
    540,575    

4.00%, 05/16/2042(5)

    76,681  
    762,891    

4.00%, 03/20/2043(5)

    165,332  
    347,693    

4.00%, 01/20/2044(5)

    78,556  
    2,652,753    

4.00%, 03/20/2047(5)

    512,306  
    4,077,132    

4.00%, 07/20/2047(5)

    758,419  
    5,909,276    

4.00%, 10/20/2047

    6,061,942  
    6,977,896    

4.00%, 11/20/2047

    7,164,881  
    5,350,961    

4.00%, 03/20/2048

    5,501,441  
    16,100,000    

4.00%, 07/01/2048(13)

    16,501,243  
    278,800    

4.50%, 11/15/2039

    295,000  
    2,195,971    

4.50%, 05/15/2040

    2,323,574  
    6,850,345    

4.50%, 05/20/2040

    7,199,197  
    405,410    

4.50%, 07/15/2041

    427,651  
    1,294,744    

4.50%, 04/20/2045(5)

    302,516  
    641,424    

4.50%, 01/20/2046

    675,066  
    35,625,000    

4.50%, 07/01/2048(13)

    37,028,041  
    3,208,458    

5.00%, 02/16/2040(5)

    756,939  
    743,148    

5.00%, 05/20/2040

    797,628  
    1,782,688    

5.00%, 06/15/2041

    1,899,219  
    2,318,528    

5.00%, 10/16/2041(5)

    396,294  
    2,799,249    

5.00%, 03/15/2044

    2,982,983  
    798,899    

5.00%, 01/16/2047(5)

    195,240  
    21,655,000    

5.00%, 07/01/2048(13)

    22,710,622  
    587,654    

5.50%, 03/15/2033

    649,156  
    846,650    

5.50%, 04/15/2033

    946,292  
    912,600    

5.50%, 05/15/2033

    1,010,053  
    1,292,699    

5.50%, 10/20/2034

    1,411,191  
Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 57.0% - (continued)  
      GNMA - 15.5% - (continued)  
  $       2,743,185    

5.50%, 03/20/2039(5)

  $ 618,137  
    2,408,816    

5.50%, 02/16/2047(5)

    540,357  
    1,446,939    

5.50%, 02/20/2047(5)

    315,193  
    1,712    

6.00%, 12/15/2023

    1,872  
    1,110    

6.00%, 01/15/2029

    1,213  
    1,445    

6.00%, 04/15/2029

    1,595  
    47,520    

6.00%, 12/15/2031

    51,946  
    1,005    

6.00%, 10/15/2032

    1,125  
    26,329    

6.00%, 06/15/2033

    29,104  
    2,691    

6.00%, 03/15/2034

    3,003  
    60,705    

6.00%, 08/15/2034

    67,084  
    84,769    

6.00%, 09/15/2034

    93,372  
    46,219    

6.00%, 02/15/2035

    51,084  
    293,967    

6.00%, 12/15/2035

    322,962  
    27,365    

6.00%, 02/15/2036

    29,914  
    205,554    

6.00%, 03/15/2036

    226,667  
    32,244    

6.00%, 04/15/2036

    35,248  
    128,846    

6.00%, 05/15/2036

    140,921  
    276,011    

6.00%, 06/15/2036

    304,133  
    71,643    

6.00%, 07/15/2036

    78,484  
    28,511    

6.00%, 08/15/2036

    31,174  
    189,744    

6.00%, 02/15/2037

    209,058  
    646    

6.00%, 05/15/2037

    712  
    427,042    

6.00%, 06/15/2037

    471,167  
    305,741    

6.00%, 07/15/2037

    334,221  
    85,390    

6.00%, 08/15/2037

    93,977  
    106,894    

6.00%, 10/15/2037

    116,851  
    84,005    

6.00%, 11/15/2037

    91,830  
    105,961    

6.00%, 12/15/2037

    118,347  
    187,017    

6.00%, 01/15/2038

    205,716  
    15,947    

6.00%, 02/15/2038

    17,433  
    35,315    

6.00%, 05/15/2038

    38,609  
    9,379    

6.00%, 06/15/2038

    10,255  
    43,967    

6.00%, 08/15/2038

    48,104  
    97,701    

6.00%, 09/15/2038

    106,802  
    163,461    

6.00%, 10/15/2038

    182,914  
    292,821    

6.00%, 11/15/2038

    320,098  
    152,402    

6.00%, 12/15/2038

    166,599  
    1,977    

6.00%, 01/15/2039

    2,161  
    41,597    

6.00%, 08/15/2039

    45,472  
    78,783    

6.00%, 11/15/2039

    86,122  
    26,995    

6.00%, 02/15/2040

    29,509  
    989,154    

6.00%, 06/15/2040

    1,081,294  
    184,237    

6.00%, 07/15/2040

    201,399  
    2,137,480    

6.00%, 09/20/2040(5)

    508,439  
    1,023,149    

6.00%, 06/15/2041

    1,120,374  
    2,102,260    

6.00%, 02/20/2046(5)

    484,539  
    24,130    

6.50%, 06/15/2028

    26,610  
    511    

6.50%, 07/15/2028

    564  
    2,158    

6.50%, 08/15/2028

    2,379  
    17,401    

6.50%, 09/15/2028

    19,190  
    1,505    

6.50%, 10/15/2028

    1,660  
    3,162    

6.50%, 11/15/2028

    3,487  
    5,093    

6.50%, 12/15/2028

    5,616  
    8,084    

6.50%, 01/15/2029

    8,915  
    24,575    

6.50%, 02/15/2029

    27,100  
    243,283    

6.50%, 03/15/2029

    268,287  
    35,410    

6.50%, 04/15/2029

    39,049  
    26,487    

6.50%, 05/15/2029

    29,210  
    176,374    

6.50%, 06/15/2029

    194,503  
    8,063    

6.50%, 07/15/2029

    8,891  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  144  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 57.0% - (continued)  
      GNMA - 15.5% - (continued)  
  $       287    

6.50%, 03/15/2031

  $ 316  
    228,264    

6.50%, 04/15/2031

    251,725  
    53,026    

6.50%, 05/15/2031

    59,198  
    8,860    

6.50%, 06/15/2031

    9,911  
    188,902    

6.50%, 07/15/2031

    208,318  
    102,473    

6.50%, 08/15/2031

    113,004  
    134,814    

6.50%, 09/15/2031

    148,670  
    154,743    

6.50%, 10/15/2031

    170,647  
    336,662    

6.50%, 11/15/2031

    371,264  
    83,369    

6.50%, 12/15/2031

    91,937  
    313,725    

6.50%, 01/15/2032

    346,042  
    62,723    

6.50%, 02/15/2032

    70,678  
    46,050    

6.50%, 03/15/2032

    50,783  
    229,713    

6.50%, 04/15/2032

    255,875  
    739    

6.50%, 05/15/2032

    815  
    37,257    

6.50%, 06/15/2032

    41,086  
    5,816    

7.00%, 06/20/2030

    6,276  
    702    

7.00%, 02/15/2031

    759  
    195    

7.00%, 06/15/2031

    204  
    186    

7.00%, 08/15/2031

    206  
    691    

8.50%, 11/15/2024

    693  
     

 

 

 
        345,573,642  
     

 

 

 
        1,270,899,041  
     

 

 

 
   

Total U.S. Government Agencies
(cost $1,274,820,714)

  $ 1,270,899,041  
     

 

 

 
     
U.S. GOVERNMENT SECURITIES - 4.8%  
            U.S. Treasury Securities - 4.8%  
            U.S. Treasury Bonds - 1.3%  
   

U.S. Treasury Bonds

 

  $       5,119,000    

2.50%, 02/15/2046(15)

  $ 4,654,091  
    13,709,000    

2.88%, 11/15/2046(15)

    13,422,503  
    1,095,000    

3.00%, 05/15/2045(15)

    1,099,235  
    8,990,000    

3.13%, 08/15/2044(15)(16)

    9,231,255  
     

 

 

 
        28,407,084  
     

 

 

 
            U.S. Treasury Notes - 3.5%  
   

U.S. Treasury Notes

 

    66,161,981    

0.38%, 07/15/2027(17)

    64,366,363  
    13,574,113    

0.63%, 01/15/2026(17)

    13,500,266  
     

 

 

 
        77,866,629  
     

 

 

 
        106,273,713  
     

 

 

 
   

Total U.S. Government Securities
(cost $108,543,802)

  $ 106,273,713  
     

 

 

 
     
COMMON STOCKS - 0.0%  
            Energy - 0.0%  
    64,657    

Ascent Resources - Marcellus LLC Class A(18)(19)(20)

    203,670  
    14,557    

Templar Energy LLC Class A

    14,557  
     

 

 

 
        218,227  
     

 

 

 
   

Total Common Stocks
(cost $328,313)

  $ 218,227  
     

 

 

 
Shares or Principal Amount   Market Value  
PREFERRED STOCKS - 0.1%  
            Banks - 0.1%  
  $       2,242    

U.S. Bancorp
Series A 3 mo. USD LIBOR + 1.020%,
3.50%(2)(7)

  $ 2,094,140  
     

 

 

 
   

Total Preferred Stocks
(cost $1,591,820)

  $ 2,094,140  
     

 

 

 
     
WARRANTS - 0.0%  
            Energy - 0.0%  
    16,740    

Ascent Resources - Marcellus LLC Expires 3/30/23*(18)(19)(20)

    1,339  
     

 

 

 
   

Total Warrants
(cost $1,339)

  $ 1,339  
     

 

 

 
   

Total Long-Term Investments
(cost $2,955,551,899)

  $ 2,919,187,518  
     

 

 

 
     
ESCROWS - 0.0%  
            Energy-Alternate Sources - 0.0%  
    800,000    

TCEH Corp.*(18)(19)(20)

    1  
     

 

 

 
   

Total Escrows
(cost $—)

  $ 1  
     

 

 

 
     
SHORT-TERM INVESTMENTS - 4.7%  
            Other Investment Pools & Funds - 3.3%  
    74,677,999    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio,
Institutional Class,
1.84%(21)

  $ 74,677,999  
     

 

 

 
            Securities Lending Collateral - 0.5%  
    525,466    

Citibank NA DDCA,
1.91%, 7/2/2018(21)

    525,466  
    3,549,489    

Goldman Sachs Financial Square Funds, Government Institutional Fund,

1.81%(21)

    3,549,489  
    3,298,199    

Invesco Government & Agency Portfolio,
1.81%(21)

    3,298,199  
    973,057    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class,
1.84%(21)

    973,057  
    2,163,115    

Western Asset Institutional Government
Class A Fund,
1.79%(21)

    2,163,115  
     

 

 

 
        10,509,326  
     

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  145  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
SHORT-TERM INVESTMENTS - 4.7% - (continued)  
            U.S. Treasury Bill - 0.9%  
            Sovereign - 0.9%  
  $       20,000,000    

U.S. Treasury Bill
1.84%, 08/23/2018(15)(22)

  $ 19,945,616  
     

 

 

 
        19,945,616  
     

 

 

 
   

Total Short-Term Investments
(cost $105,132,941)

  $ 105,132,941  
     

 

 

 
   

Total Investments Excluding Purchased Options
(cost $3,060,684,840)

    135.6    $ 3,024,320,459  
   

Total Purchased Options
(cost $7,751,675)

    0.3    $ 6,705,508  
     

 

 

    

 

 

 
   

Total Investments
(cost $3,068,436,515)

    135.9    $ 3,031,025,967  
   

Other Assets and Liabilities

    (35.9 )%       (800,499,537
     

 

 

    

 

 

 
   

Total Net Assets

    100.0    $ 2,230,526,430  
     

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  146  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note:

Percentage of investments as shown is the ratio of the total market value to total net assets.

 

    

The Fund may refer to any one or more of the industry classifications used by one or more widely recognized market indices, ratings group and/or as defined by Fund management. Industry classifications may not be identical across all security types.

 

    

Equity Industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s.

 

    

For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

*

Non-income producing.

 

(1) 

Securities issued within terms of a private placement memorandum and exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold to qualified institutional buyers. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2018, the aggregate value of these securities was $783,548,519, which represented 35.1% of total net assets.

 

(2) 

Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2018.

 

(3) 

Security is a “step-up” bond where coupon increases or steps up at a predetermined date. Rate shown is current coupon rate.

 

(4) 

Variable or floating rate security, which interest rate adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. Rate shown is the rate in effect as of period end.

 

(5) 

Securities disclosed are interest-only strips.

 

(6) 

Represents entire or partial securities on loan. See Note 8 in the accompanying Notes to Financial Statements for securities lending information.

 

(7) 

Perpetual maturity security. Maturity date shown is the next call date or final legal maturity date, whichever comes first.

 

(8) 

These securities were sold to the Fund under Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, as amended. The Fund may only be able to resell these securities in the United States if an exemption from registration under the federal and state securities laws is available, or the Fund may only be able to sell these securities outside of the United States (such as on a foreign exchange) to a non-U.S. person. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2018, the aggregate value of these securities was $29,155,518, which represented 1.3% of total net assets.

 

(9) 

Senior floating rate interests generally pay interest rates which are periodically adjusted by reference to a base short-term, floating lending rate plus a premium. The base lending rates are primarily the LIBOR, and secondarily the prime rate offered by one or more major United States banks (the “Prime Rate”) and the certificate of deposit rate or other base lending rates used by commercial lenders. Senior floating rate interests often require prepayments from excess cash flows or permit the borrower to repay at its election. The rate at which the borrower repays cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. Unless otherwise noted, the interest rate disclosed for these securities represents the rate in effect as of June 30, 2018.

 

(10) 

Represents an unsettled loan commitment. The coupon rate will be determined at time of settlement.

 

(11) 

This security, or a portion of this security, has unfunded loan commitments. As of June 30, 2018, the aggregate value of the unfunded commitment was $118,180, which rounds to zero percent of total net assets.

 

(12) 

Securities disclosed are principal-only strips.

 

(13) 

Represents or includes a TBA transaction.

 

(14) 

These securities pay no principal or interest during their initial accrual period, but accrue additional principal at a specified coupon rate.

 

(15) 

This security, or a portion of this security, has been pledged as collateral in connection with OTC swap contracts.

 

(16) 

This security, or a portion of this security, has been pledged as collateral in connection with futures contracts.

 

(17) 

The principal amount for these securities are adjusted for inflation and the interest payments equal a fixed percentage of the inflation-adjusted principal amount.

 

(18) 

These securities are valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2018, the aggregate fair value of these securities was $205,010, which represented 0.0% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

 

(19) 

This security has been identified as illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time. The identification of illiquid securities is unaudited. At June 30, 2018, the aggregate value of these securities was $205,010, which represented 0.0% of total net assets.

 

(20) 

Investment valued using significant unobservable inputs.

 

The accompanying notes are an integral part of these financial statements.

 

 

  147  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

 

(21) 

Current yield as of period end.

 

(22) 

The rate shown represents current yield to maturity.

 

OTC Swaption Contracts Outstanding at June 30, 2018  

Description

  Counter-
party
    Exercise
Price/FX
Rate/
Rate
    Pay/
Receive
Floating
Rate
    Expiration
Date
    Notional
Amount
    Number of
Contracts
    Market
Value
    Premiums
Paid
(Received)
by Fund
    Unrealized
Appreciation/
(Depreciation)
 

Purchased swaption contracts:

                   

Calls

                   

3 Month USD-LIBOR-BBA-Interest Rate Swap Expiring 08/04/57

    JPM       2.45%       Pay       08/02/27       USD       2,800,000       2,800,000     $ 313,353     $ 327,600     $ (14,247

3 Month USD-LIBOR-BBA-Interest Rate Swap Expiring 08/04/57

    BCLY       2.45%       Receive       08/02/27       USD       11,200,000       11,200,000       1,253,413       1,614,914       (361,501
             

 

 

   

 

 

   

 

 

   

 

 

 

Total Calls

                14,000,000     $ 1,566,766     $ 1,942,514     $ (375,748
             

 

 

   

 

 

   

 

 

   

 

 

 

Puts

                   

3 Month USD-LIBOR-BBA-Interest Rate Swap Expiring 02/28/19

    BCLY       2.45%       Pay       08/02/27       USD       11,200,000       11,200,000     $ 2,269,069     $ 2,205,407     $ 63,662  

3 Month USD-LIBOR-BBA-Interest Rate Swap Expiring 08/04/57

    JPM       2.45%       Receive       08/02/27       USD       2,800,000       2,800,000       567,267       562,520       4,747  

3 Month USD-LIBOR-BBA-Interest Rate Swap Expiring 05/15/29

    BOA       3.25%       Receive       05/13/19       USD       59,245,000       59,245,000       696,970       953,844       (256,874

3 Month USD-LIBOR-BBA-Interest Rate Swap Expiring 05/15/29

    BOA       3.25%       Receive       05/13/19       USD       18,924,000       18,924,000       222,626       297,343       (74,717

3 Month USD-LIBOR-BBA-Interest Rate Swap Expiring 06/03/29

    BOA       3.20%       Receive       05/30/19       USD       59,540,000       59,540,000       700,464       925,847       (225,383

3 Month USD-LIBOR-BBA-Interest Rate Swap Expiring 06/03/29

    DEUT       3.20%       Receive       05/30/19       USD       58,000,000       58,000,000       682,346       864,200       (181,854
             

 

 

   

 

 

   

 

 

   

 

 

 

Total Puts

                209,709,000     $     5,138,742     $     5,809,161     $ (670,419
             

 

 

   

 

 

   

 

 

   

 

 

 

Total purchased swaption contracts

                223,709,000     $ 6,705,508     $ 7,751,675     $     (1,046,167
             

 

 

   

 

 

   

 

 

   

 

 

 

 

Futures Contracts Outstanding at June 30, 2018  

Description

   Number of
Contracts
     Expiration
Date
     Current
Notional
Amount
     Value and
Unrealized
Appreciation/
(Depreciation)
 

Long position contracts:

 

90-Day Euro Future

     928        03/18/2019      $     225,596,800      $ (28,965

U.S. Treasury 2-Year Note Future

     669        09/28/2018        141,713,016        (60,434

U.S. Treasury 5-Year Note Future

     2,601        09/28/2018        295,518,306        659,592  

U.S. Treasury Long Bond Future

     63        09/19/2018        9,135,000        75,993  

U.S. Treasury Ultra Bond Future

     681        09/19/2018        108,662,063        2,712,004  
           

 

 

 

Total

 

   $ 3,358,190  
           

 

 

 

Short position contracts:

 

90-Day Euro Future

     928        03/16/2020      $ 225,086,400      $ 218,699  

Long Gilt Future

     173        09/26/2018        28,096,669        (75,031

U.S. Treasury 10-Year Note Future

     464        09/19/2018        55,767,000        (189,997

U.S. Treasury 10-Year Ultra Future

     573        09/19/2018        73,478,297        (884,668
           

 

 

 

Total

 

   $ (930,997
           

 

 

 

Total futures contracts

 

   $     2,427,193  
           

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

  148  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

 

TBA Sale Commitments Outstanding at June 30, 2018  

Description

   Principal
Amount
     Maturity
Date
     Market
Value
     Unrealized
Appreciation/
(Depreciation)
 

FHLMC, 5.50%

   $ 5,100,000        07/01/2048      $ (5,454,809    $ 6,176  

FNMA, 2.50%

         32,170,000        07/01/2033        (31,265,299      (172,492

FNMA, 3.00%

     54,318,000        07/01/2033        (53,999,132      (284,747

FNMA, 3.00%

     5,824,000        07/01/2048        (5,641,772      (37,992

FNMA, 3.50%

     775,000        07/01/2033        (784,264      (2,967

FNMA, 4.00%

     3,200,000        07/01/2033        (3,282,750      (4,250

FNMA, 4.50%

     75,595,000        07/01/2048        (78,713,944      (181,670

FNMA, 4.50%

     21,100,000        08/01/2048        (21,930,994      (31,502

FNMA, 5.00%

     9,327,000        07/01/2048        (9,880,193      (31,664

FNMA, 5.50%

     13,400,000        07/01/2048        (14,368,359      (21,984

FNMA, 6.00%

     3,300,000        07/01/2048        (3,609,375      (8,766

GNMA, 3.00%

     47,535,000        07/01/2048        (46,505,382      (369,475

GNMA, 3.50%

     13,910,000        07/01/2048        (13,963,520      4,889  

GNMA, 4.00%

     11,969,000        07/01/2048        (12,267,290      (54,702
        

 

 

    

 

 

 

Total (proceeds receivable $300,475,937)

 

   $     (301,667,083    $     (1,191,146
        

 

 

    

 

 

 

At June 30, 2018, the aggregate market value of TBA Sale Commitments represents (13.5)% of total net assets.

 

OTC Credit Default Swap Contracts Outstanding at June 30, 2018  

Reference Entity

  Counter-
party
  Notional
Amount (a)
    (Pay)/Receive
Fixed Rate
  Expiration
Date
    Periodic
Payment
Frequency
    Upfront
Premiums
Paid
    Upfront
Premiums
Received
    Market
Value
    Unrealized
Appreciation/
(Depreciation)
 

Credit default swaps on indices:

 

Buy protection:

 

ABX.HE.AAA.07

  GSC     USD       1,475,578     (0.09%)     08/25/37       Monthly     $ 312,371     $     $ 70,072     $ (242,299

ABX.HE.AAA.07

  CSI     USD       3,586,841     (0.09%)     08/25/37       Monthly       873,071             170,330       (702,741

ABX.HE.PENAAA.06

  MSC     USD       801,363     (0.11%)     05/25/46       Monthly       86,913             51,074       (35,839

ABX.HE.PENAAA.06

  JPM     USD       1,829,448     (0.11%)     05/25/46       Monthly       197,945             116,594       (81,351

ABX.HE.PENAAA.06

  GSC     USD       750,927     (0.11%)     05/25/46       Monthly     $ 185,647     $     $ 47,860     $ (137,787
             

 

 

   

 

 

   

 

 

   

 

 

 

Total

        $ 1,655,947     $     $ 455,930     $     (1,200,017
             

 

 

   

 

 

   

 

 

   

 

 

 

Sell protection:

 

ABX.HE.AAA.07

  MSC     USD       1,475,577     0.09%     08/25/37       Monthly     $ 14,074     $     $ (70,068   $ (84,142

ABX.HE.AAA.07

  MSC     USD       3,586,839     0.09%     08/25/37       Monthly       34,264             (170,321     (204,585

ABX.HE.PENAAA.06

  BCLY     USD       3,381,743     0.11%     05/25/46       Monthly             (88,652     (215,534     (126,882

CMBX.NA.BB.6

  CSI     USD       3,270,000     5.00%     05/11/63       Monthly             (669,533     (612,195     57,338  

CMBX.NA.BB.6

  CSI     USD       1,825,000     5.00%     05/11/63       Monthly             (360,641     (341,668     18,973  

CMBX.NA.BB.6

  MSC     USD       1,065,000     5.00%     05/11/63       Monthly             (190,743     (203,675     (12,932

CMBX.NA.BB.6

  CSI     USD       2,671,000     5.00%     05/11/63       Monthly             (478,351     (510,812     (32,461

CMBX.NA.BB.6

  CSI     USD       2,795,000     5.00%     05/11/63       Monthly             (500,558     (534,525     (33,967

CMBX.NA.BB.6

  CSI     USD       2,795,000     5.00%     05/11/63       Monthly             (500,558     (534,525     (33,967

CMBX.NA.BB.6

  CSI     USD       2,800,000     5.00%     05/11/63       Monthly             (501,454     (535,482     (34,028

CMBX.NA.BB.6

  CSI     USD       965,000     5.00%     05/11/63       Monthly             (139,534     (180,664     (41,130

CMBX.NA.BB.6

  GSC     USD       2,855,000     5.00%     05/11/63       Monthly             (304,012     (546,000     (241,988

CMBX.NA.BB.8

  DEUT     USD       1,455,000     5.00%     10/17/57       Monthly             (355,363     (298,460     56,903  

CMBX.NA.BB.8

  MSC     USD       5,083,000     5.00%     10/17/57       Monthly             (1,380,456     (1,084,299     296,157  

CMBX.NA.BB.8

  CSI     USD       2,507,000     5.00%     10/17/57       Monthly             (680,813     (524,351     156,462  

CMBX.NA.BB.8

  GSC     USD       3,445,000     5.00%     10/17/57       Monthly             (837,673     (706,663     131,010  

CMBX.NA.BB.8

  GSC     USD       240,000     5.00%     10/17/57       Monthly             (27,028     (50,197     (23,169

CMBX.NA.BBB-.6

  MSC     USD       465,000     3.00%     05/11/63       Monthly             (39,880     (48,006     (8,126

CMBX.NA.BBB-.6

  MSC     USD       4,245,000     3.00%     05/11/63       Monthly             (626,976     (438,245     188,731  

CMBX.NA.BBB-.6

  MSC     USD       2,265,000     3.00%     05/11/63       Monthly             (368,188     (228,359     139,829  

CMBX.NA.BBB-.6

  DEUT     USD       2,180,000     3.00%     05/11/63       Monthly             (325,388     (225,058     100,330  

CMBX.NA.BBB-.6

  CSI     USD       2,060,000     3.00%     05/11/63       Monthly             (297,539     (212,670     84,869  

CMBX.NA.BBB-.6

  GSC     USD       1,255,000     3.00%     05/11/63       Monthly             (209,613     (126,635     82,978  

CMBX.NA.BBB-.6

  MSC     USD       1,130,000     3.00%     05/11/63       Monthly             (186,755     (113,927     72,828  

 

The accompanying notes are an integral part of these financial statements.

 

 

  149  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

OTC Credit Default Swap Contracts Outstanding at June 30, 2018 (continued)  

Reference Entity

  Counter-
party
  Notional
Amount (a)
    (Pay)/Receive
Fixed Rate
  Expiration
Date
    Periodic
Payment
Frequency
    Upfront
Premiums
Paid
    Upfront
Premiums
Received
    Market
Value
    Unrealized
Appreciation/
(Depreciation)
 

Credit default swaps on indices: - (continued)

 

Sell protection: - (continued)

 

CMBX.NA.BBB-.6

  DEUT     USD       1,005,000     3.00%     05/11/63       Monthly     $     $ (169,021   $ (101,325   $ 67,696  

CMBX.NA.BBB-.6

  MSC     USD       1,000,000     3.00%     05/11/63       Monthly             (168,421     (100,905     67,516  

CMBX.NA.BBB-.6

  MSC     USD       610,000     3.00%     05/11/63       Monthly             (102,789     (61,501     41,288  

CMBX.NA.BBB-.6

  CSI     USD       920,000     3.00%     05/11/63       Monthly             (128,182     (92,756     35,426  

CMBX.NA.BBB-.6

  GSC     USD       2,725,000     3.00%     05/11/63       Monthly             (302,153     (274,511     27,642  
             

 

 

   

 

 

   

 

 

   

 

 

 

Total

        $ 48,338     $ (9,940,274   $ (9,143,336   $ 748,600  
             

 

 

   

 

 

   

 

 

   

 

 

 

Total traded indices

        $ 1,704,285     $ (9,940,274   $ (8,687,406   $ (451,417
             

 

 

   

 

 

   

 

 

   

 

 

 

Total OTC contracts

        $     1,704,285     $     (9,940,274   $     (8,687,406   $ (451,417
             

 

 

   

 

 

   

 

 

   

 

 

 

 

(a)  The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement.

 

Centrally Cleared Credit Default Swap Contracts Outstanding at June 30, 2018  

Reference Entity

   Notional
Amount (a)
     (Pay)/Receive
Fixed Rate
    Expiration
Date
     Periodic
Payment
Frequency
     Cost
Basis
    Value     Unrealized
Appreciation/
(Depreciation)
 

Credit default swaps on indices:

 

Buy protection:

 

CDX.EM.29

   USD      9,780,000        (1.00 %)      06/20/23        Quarterly      $ 257,246     $ 383,235     $ 125,989  

ITRAXX.EUR.29

   EUR      23,660,000        (1.00 %)      06/20/23        Quarterly        (411,667     (362,601     49,066  

ITRAXX.XOV.29

   EUR      8,730,000        (5.00 %)      06/20/23        Quarterly        (898,338     (809,634     88,704  
                

 

 

   

 

 

   

 

 

 

Total

 

        $     (1,052,759   $ (789,000   $ 263,759  
                

 

 

   

 

 

   

 

 

 

Credit default swaps on indices:

 

Sell protection:

 

CDX.NA.HY.30

   USD      48,183,000        5.00     06/20/23        Quarterly      $ 2,879,224     $ 2,829,988     $ (49,236
                

 

 

   

 

 

   

 

 

 

Total

 

        $ 1,826,465     $     2,040,988     $     (214,523
                

 

 

   

 

 

   

 

 

 

 

(a)  The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement.

 

Centrally Cleared Interest Rate Swap Contracts Outstanding at June 30, 2018  

Payments made by Fund

   Payments received
by Fund
  Notional
Amount
     Expiration
Date
     Periodic
Payment
Frequency
   Upfront
Premiums
Paid
     Upfront
Premiums
Received
    Value     Unrealized
Appreciation/
(Depreciation)
 

12 Mo. Federal Funds Rate

   2.18% Fixed     USD        9,530,000        11/15/24      Annual    $      $ (9,337   $ 179,075     $ 188,412  

12 Mo. Federal Funds Rate

   2.18% Fixed     USD        9,640,000        11/15/24      Annual                   181,142       181,142  

12 Mo. Federal Funds Rate

   2.06% Fixed     USD        13,585,000        11/15/24      Annual      292,019              354,836       62,817  

12 Mo. Federal Funds Rate

   2.56% Fixed     USD        14,026,010        11/15/24      Annual                   35,384       35,384  

12 Mo. Federal Funds Rate

   2.53% Fixed     USD        17,661,015        11/15/24      Annual                   22,586       22,586  

12 Mo. Federal Funds Rate

   2.56% Fixed     USD        5,965,000        11/15/24      Annual                   15,356       15,356  

12 Mo. Federal Funds Rate

   2.53% Fixed     USD        14,122,975        11/15/24      Annual                   13,363       13,363  

12 Mo. Federal Funds Rate

   2.25% Fixed     USD        4,555,000        11/15/24      Annual      52,821              65,588       12,767  

12 Mo. Federal Funds Rate

   2.45% Fixed     USD        6,670,000        11/15/24      Annual                   12,320       12,320  

12 Mo. Federal Funds Rate

   2.45% Fixed     USD        5,840,000        11/15/24      Annual                   11,054       11,054  

12 Mo. Federal Funds Rate

   2.46% Fixed     USD        6,645,000        11/15/24      Annual                   10,216       10,216  

12 Mo. Federal Funds Rate

   2.25% Fixed     USD        1,240,000        11/15/24      Annual      14,397              17,855       3,458  

12 Mo. Federal Funds Rate

   2.51% Fixed     USD        7,870,000        11/15/24      Annual                   (3,513     (3,513

12 Mo. Federal Funds Rate

   1.63% Fixed     USD        13,700,000        11/14/26      Annual                   929,166       929,166  

12 Mo. Federal Funds Rate

   2.50% Fixed     USD        16,600,000        03/01/28      Annual      53,273              11,225       (42,048

3 Mo. USD LIBOR

   2.00% Fixed     USD        17,550,000        03/21/23      Semi-Annual      89,961              584,760       494,799  

 

The accompanying notes are an integral part of these financial statements.

 

 

  150  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Centrally Cleared Interest Rate Swap Contracts Outstanding at June 30, 2018 (continued)  

Payments made by Fund

   Payments received
by Fund
  Notional
Amount
     Expiration
Date
     Periodic
Payment
Frequency
     Upfront
Premiums
Paid
     Upfront
Premiums
Received
    Value     Unrealized
Appreciation/
(Depreciation)
 

3 Mo. USD LIBOR

   3.00% Fixed     USD        35,246,000        04/30/25        Semi-Annual      $ 131,578      $     $ (181,922   $ (313,500

3 Mo. USD LIBOR

   3.00% Fixed     USD        13,187,000        06/18/28        Semi-Annual                     (102,400     (102,400

3 Mo. USD LIBOR

   2.25% Fixed     USD        103,083,000        06/20/28        Semi-Annual        5,586,456              6,105,749       519,293  

3 Mo. USD LIBOR

   2.75% Fixed     USD        22,395,000        12/20/47        Semi-Annual               (493,978     806,149       1,300,127  
                

 

 

    

 

 

   

 

 

   

 

 

 

Total

 

         $     6,220,505      $     (503,315   $     9,067,989     $     3,350,799  
                

 

 

    

 

 

   

 

 

   

 

 

 

 

OTC Total Return Swap Contracts Outstanding at June 30, 2018  

Reference Entity

  Counter-party   Notional
Amount
  Payments received
(paid) by the Fund
    Expiration
Date
    Periodic
Payment
Frequency
    Upfront
Premiums
Paid
    Upfront
Premiums
Received
    Market
Value
    Unrealized
Appreciation/
(Depreciation)
 

iBoxx USD liquid High Yield

  MSC     USD     23,795,000     (1.00 %)      12/20/18       Quarterly     $ 25,650     $     $ (211,590   $ (237,240

iBoxx USD liquid High Yield

  GSC     USD     23,677,000     (1.00 %)      12/20/18       Quarterly       28,513             (515,146     (543,659
             

 

 

   

 

 

   

 

 

   

 

 

 

Total

 

    $     54,163     $     —     $     (726,736   $     (780,899
             

 

 

   

 

 

   

 

 

   

 

 

 

 

Foreign Currency Contracts Outstanding at June 30, 2018  
Amount and Description
of Currency to be
Purchased
       Amount and Description
of Currency to be
Sold
       Counterparty        Settlement
Date
       Appreciation        Depreciation  
  250,000          CAD          197,111          USD          BOA          07/30/18        $        $ (6,843
  200,000          CAD          157,696          USD          BOA          08/01/18                   (5,479
  60,490,000          EGP          3,172,830          USD          MSC          04/22/19                   (73,969
  273,000          EUR          319,325          USD          CBK          07/31/18          199           
      317,000,000          JPY          2,990,530          USD          MSC          07/09/18                   (125,617
  196,550          USD          250,000          CAD          CIBC          07/30/18          6,282           
  157,245          USD          200,000          CAD          CIBC          08/01/18          5,029           
  1,113,027          USD          951,000          EUR          GSC          07/31/18                   (43
  230,909          USD          199,000          EUR          GSC          07/31/18                   (2,004
  12,279,183          USD          10,529,000          EUR          UBS          07/31/18                   (44,169
  1,053,968          USD          886,000          EUR          JPM          09/19/18          12,981           
  1,049,536          USD          887,000          EUR          UBS          09/19/18          7,375           
  2,981,949          USD          317,000,000          JPY          CBK          07/09/18          117,036           
                             

 

 

      

 

 

 
  Total                                 $ 148,902        $ (258,124
                             

 

 

      

 

 

 

 

  See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

The accompanying notes are an integral part of these financial statements.

 

 

  151  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Counterparty Abbreviations:

BCLY

   Barclays

BOA

   Banc of America Securities LLC

CBK

   Citibank NA

CIBC

   Canadian Imperial Bank of Commerce

CSI

   Credit Suisse International

DEUT

   Deutsche Bank Securities, Inc.

GSC

   Goldman Sachs & Co.

JPM

   JP Morgan Chase & Co.

MSC

   Morgan Stanley

UBS

   UBS AG
Currency Abbreviations:

ARS

   Argentine Peso

CAD

   Canadian Dollar

EGP

   Egyptian Pound

EUR

   Euro

JPY

   Japanese Yen

USD

   United States Dollar
Index Abbreviations:

ABX.HE

   Markit Asset Backed Security Home Equity

ABX.HE.PEN

   Markit Asset Backed Security Home Equity Penultimate

CDX.EM

   Credit Derivatives Emerging Markets

CDX.NA.HY

   Credit Derivatives North American High Yield

CMBX.NA

   Markit Commercial Mortgage Backed North American

CMT

   Constant Maturity Treasury Index

ICE

   Intercontinental Exchange, Inc.

ITRAXX.EUR

   Markit iTraxx - Europe

ITRAXX.XOV

   Markit iTraxx Index - Europe Crossover

iBoxx

   Markit iBoxx Indices - Euro, Sterling, Asian, US Dollar and European High-Yield Bond Markets
Other Abbreviations:

CDO

   Collateralized Debt Obligation

CLO

   Collateralized Loan Obligation

CMO

   Collateralized Mortgage Obligation

DDCA

   Dollars on Deposit in Custody Account

EURIBOR

   Euro Interbank Offered Rate

FHLMC

   Federal Home Loan Mortgage Corp.

FNMA

   Federal National Mortgage Association

GNMA

   Government National Mortgage Association

LIBOR

   London Interbank Offered Rate

MSCI

   Morgan Stanley Capital International

MTA

   Monthly Treasury Average

MTN

   Medium Term Note

PRIME

   Prime Rate

OTC

   Over-the-Counter

TBA

   To Be Announced
Municipal Abbreviations:

GO

   General Obligation
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  152  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total     Level 1(1)     Level 2(1)     Level 3(1)  

Assets

 

Asset & Commercial Mortgage Backed Securities

   $ 797,129,978     $     $ 797,129,978     $  

Corporate Bonds

     625,365,268             625,365,268        

Foreign Government Obligations

     29,853,820             29,853,820        

Municipal Bonds

     25,246,318             25,246,318        

Senior Floating Rate Interests

     62,105,673             62,105,673        

U.S. Government Agencies

     1,270,899,041             1,270,899,041        

U.S. Government Securities

     106,273,713             106,273,713        

Common Stocks

 

Energy

     218,227             14,557       203,670  

Preferred Stocks

     2,094,140       2,094,140              

Warrants

     1,339                   1,339  

Escrows

     1                   1  

Short-Term Investments

     105,132,941       85,187,325       19,945,616        

Purchased Options

     6,705,508             6,705,508        

Foreign Currency Contracts(2)

     148,902             148,902        

Futures Contracts(2)

     3,666,288       3,666,288              

Swaps - Credit Default(2)

     1,910,900             1,910,900        

Swaps - Interest Rate(2)

     3,796,750             3,796,750        
  

 

 

   

 

 

   

 

 

   

 

 

 

Total

   $     3,040,548,807     $     90,947,753     $     2,949,396,044     $     205,010  
  

 

 

   

 

 

   

 

 

   

 

 

 

Liabilities

 

Foreign Currency Contracts(2)

   $ (258,124   $     $ (258,124   $  

Futures Contracts(2)

     (1,239,095     (1,239,095            

Swaps - Credit Default(2)

     (2,132,284           (2,132,284      

Swaps - Interest Rate(2)

     (461,461           (461,461      

Swaps - Total Return(2)

     (780,899           (780,899      

TBA Sale Commitments

     (301,667,083           (301,667,083      
  

 

 

   

 

 

   

 

 

   

 

 

 

Total

   $ (306,538,946   $ (1,239,095   $ (305,299,851   $  
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) 

For the six-month period ended June 30, 2018, there were no transfers between any levels.

 

(2)

Derivative instruments (excluding purchased and written options, if applicable) are valued at the unrealized appreciation/(depreciation) on the investments.

Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the period ended June 30, 2018 is not presented.

 

The accompanying notes are an integral part of these financial statements.

 

 

  153  

 


Hartford Ultrashort Bond HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 28.1%  
            Asset-Backed - Automobile - 15.0%  
   

Ally Auto Receivables Trust

 

  $       453,096    

1.38%, 10/15/2019

  $ 452,850  
    1,478,286    

1.53%, 03/16/2020

    1,474,533  
    1,310,000    

2.72%, 05/17/2021

    1,309,967  
   

American Credit Acceptance Receivables Trust

 

    270,464    

1.84%, 07/13/2020(1)

    270,351  
    705,155    

2.72%, 03/10/2021(1)

    704,809  
    2,130,000    

2.94%, 01/10/2022(1)

    2,130,583  
   

AmeriCredit Automobile Receivables Trust

 

    407,475    

1.46%, 05/10/2021

    405,158  
    141,586    

1.51%, 05/18/2020

    141,337  
    395,021    

1.65%, 09/18/2020

    393,804  
    512,953    

1.69%, 12/18/2020

    510,733  
    1,160,000    

2.71%, 07/19/2021

    1,159,207  
   

ARI Fleet Lease Trust

 

    1,161,163    

1.91%, 04/15/2026(1)

    1,154,591  
    240,000    

2.55%, 10/15/2026(1)

    238,810  
    565,000    

BMW Floorplan Master Owner Trust
1 mo. USD LIBOR + 0.320%,
2.35%, 05/15/2023(1)(2)

    564,999  
    443,894    

BMW Vehicle Lease Trust
1.64%, 07/22/2019

    443,113  
   

Canadian Pacer Auto Receivables Trust

 

    320,000    

2.05%, 03/19/2021(1)

    317,181  
    1,400,000    

2.70%, 08/19/2020(1)

    1,399,621  
   

Capital Auto Receivables Asset Trust

 

    119,330    

1.86%, 10/21/2019

    119,282  
    335,000    

2.02%, 08/20/2021(1)

    331,918  
   

CarMax Auto Owner Trust

 

    2,000,000    

1.40%, 08/15/2021

    1,972,285  
    365,932    

1.54%, 02/18/2020

    365,386  
    1,792,816    

1.56%, 11/16/2020

    1,784,312  
    1,955,000    

2.23%, 05/17/2021

    1,946,245  
   

Chesapeake Funding LLC

 

    1,123,536    

1.91%, 08/15/2029(1)

    1,110,172  
    1,520,000    

2.12%, 11/15/2029(1)

    1,503,010  
    601,789    

1 mo. USD LIBOR + 0.450%,
2.52%, 05/15/2029(1)(2)(3)

    601,806  
    930,000    

3.04%, 04/15/2030(1)

    926,886  
    665,112    

1 mo. USD LIBOR + 1.150%,
3.22%, 03/15/2028(1)(2)

    667,600  
   

CPS Auto Receivables Trust

 

    113,173    

1.78%, 09/15/2020(1)

    112,785  
    380,382    

1.87%, 03/15/2021(1)

    378,614  
    444,525    

2.16%, 05/17/2021(1)

    442,952  
    800,000    

DT Auto Owner Trust
2.84%, 09/15/2021(1)

    800,041  
   

Enterprise Fleet Financing LLC

 

    1,348,944    

1.74%, 02/22/2022(1)

    1,343,242  
    755,109    

1.97%, 01/20/2023(1)

    749,474  
    940,000    

2.13%, 05/22/2023(1)

    930,865  
    523,089    

Exeter Automobile Receivables Trust
2.21%, 05/17/2021(1)

    521,432  
    405,653    

Fifth Third Auto Trust
1.42%, 03/16/2020

    404,590  
   

First Investors Auto Owner Trust

 

    219,242    

1.69%, 04/15/2021(1)

    218,422  
    263,660    

1.86%, 10/15/2021(1)

    262,344  
    788,810    

2.84%, 05/16/2022(1)

    788,717  
   

Flagship Credit Auto Trust

 

    468,040    

1.85%, 07/15/2021(1)

    465,052  
    1,793,027    

1.88%, 10/15/2021(1)

    1,782,998  
Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 28.1% - (continued)  
            Asset-Backed - Automobile - 15.0% - (continued)  
   

Ford Credit Auto Lease Trust

 

  $       443,998    

1.56%, 11/15/2019

  $ 443,060  
    1,430,000    

2.71%, 12/15/2020

    1,429,148  
   

Ford Credit Auto Owner Trust

 

    259,697    

1.04%, 09/15/2019

    259,400  
    1,000,000    

2.12%, 07/15/2026(1)

    986,518  
    1,500,000    

2.26%, 11/15/2025(1)

    1,493,088  
   

GM Financial Automobile Leasing Trust

 

    533,629    

1.61%, 12/20/2019

    531,325  
    291,622    

1.67%, 09/20/2019

    291,049  
    600,000    

2.39%, 04/20/2020

    598,186  
    2,410,000    

2.83%, 07/20/2020

    2,409,946  
   

GM Financial Consumer Automobile

 

    195,391    

1.51%, 03/16/2020(1)

    194,937  
    227,957    

1 mo. USD LIBOR + 0.120%,
2.21%, 03/16/2020(1)(2)

    227,907  
   

GM Financial Consumer Automobile Receivables Trust

 
    854,333    

1.71%, 09/16/2020(1)

    851,184  
    2,635,000    

2.08%, 01/19/2021

    2,624,141  
    306,292    

Harley-Davidson Motorcycle Trust
1.41%, 06/15/2020

    305,734  
   

Hyundai Auto Lease Securitization Trust

 

    446,277    

1.52%, 10/15/2019(1)

    445,527  
    3,290,000    

1.88%, 08/17/2020(1)

    3,275,171  
    2,500,000    

2.81%, 12/15/2020(1)

    2,500,184  
   

Hyundai Auto Receivables Trust

 

    809,827    

1.48%, 02/18/2020

    807,449  
    520,000    

2.55%, 04/15/2021

    519,358  
    1,401,257    

Mercedes-Benz Auto Lease Trust
1.53%, 08/15/2019

    1,398,938  
    949,399    

Mercedes-Benz Auto Receivables Trust
1.26%, 02/16/2021

    940,499  
    1,960,000    

OneMain Direct Auto Receivables Trust
2.31%, 12/14/2021(1)

    1,945,326  
   

Prestige Auto Receivables Trust

 

    329,137    

1.46%, 07/15/2020(1)

    328,556  
    830,530    

1.80%, 11/16/2020(1)

    827,819  
   

Santander Drive Auto Receivables Trust

 

    18,095    

1.49%, 02/18/2020

    18,085  
    2,500,000    

1.87%, 12/15/2020

    2,495,229  
    755,000    

3.03%, 02/15/2022

    755,311  
   

Securitized Term Auto Receivables Trust

 

    45,260    

1.51%, 04/25/2019(1)

    45,225  
    488,668    

1.78%, 01/27/2020(1)

    486,614  
    1,500,000    

2.21%, 06/25/2021(1)

    1,481,317  
    2,500,000    

2.81%, 12/29/2020(1)

    2,499,550  
    260,763    

Toyota Auto Receivables Owner Trust
1.30%, 04/15/2020

    259,393  
    1,190,000    

Volkswagen Auto Loan Enhanced Trust
2.81%, 07/20/2021

    1,189,990  
   

Westlake Automobile Receivables Trust

 

    338,551    

1.78%, 04/15/2020(1)

    338,131  
    614,997    

1.80%, 07/15/2020(1)

    613,055  
    1,615,000    

2.24%, 12/15/2020(1)

    1,610,131  
    1,185,000    

2.84%, 09/15/2021(1)

    1,185,055  
   

Wheels SPV LLC

 

    162,829    

1.59%, 05/20/2025(1)

    162,139  
    495,236    

1.88%, 04/20/2026(1)

    490,780  
   

World Omni Automobile Lease Securitization Trust

 
    546,236    

1.68%, 12/16/2019

    544,333  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  154  

 


Hartford Ultrashort Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 28.1% - (continued)  
            Asset-Backed - Automobile - 15.0% - (continued)  
  $       2,010,000    

2.59%, 11/16/2020

  $ 2,006,181  
     

 

 

 
        75,417,046  
     

 

 

 
            Asset-Backed - Credit Card - 4.7%  
    2,995,000    

BA Credit Card Trust
1 mo. USD LIBOR + 0.380%, 2.45%, 06/15/2021(2)

    2,999,792  
    915,000    

Barclays Dryrock Issuance Trust
1 mo. USD LIBOR + 0.330%, 2.40%, 03/15/2023(2)

    916,356  
   

Cabela’s Credit Card Master Note Trust

 

    1,785,000    

1.78%, 06/15/2022

    1,766,165  
    3,000,000    

1 mo. USD LIBOR + 0.450%, 2.52%, 07/15/2022(2)

    3,007,442  
    2,500,000    

Capital One Multi-Asset Execution Trust
1 mo. USD LIBOR + 0.450%,
2.52%, 02/15/2022(2)

    2,506,659  
   

CARDS Trust

 
    1,815,000    

1 mo. USD LIBOR + 0.370%,
2.44%, 04/18/2022(1)(2)

    1,816,766  
    2,480,000    

1 mo. USD LIBOR + 0.700%,
2.77%, 07/15/2021(1)(2)(3)

    2,480,632  
   

Chase Issuance Trust

 
    2,250,000    

1.27%, 07/15/2021

    2,217,425  
    6,000,000    

1 mo. USD LIBOR + 0.420%,
2.49%, 11/16/2020(2)

    6,007,580  
     

 

 

 
      23,718,817  
     

 

 

 
            Asset-Backed - Finance & Insurance - 6.0%  
   

CNH Equipment Trust

 
    289,216    

1.26%, 02/18/2020

    288,887  
    1,064,203    

1.64%, 07/15/2020

    1,060,922  
    1,625,000    

1.84%, 03/15/2021

    1,615,871  
    1,800,000    

2.78%, 08/16/2021

    1,799,833  
   

DLL Securitization Trust

 

    860,000    

1.89%, 07/15/2020(1)

    856,688  
    2,495,000    

2.81%, 11/17/2020(1)

    2,495,398  
    486,358    

Engs Commercial Finance Trust
2.97%, 02/22/2021(1)

    485,896  
   

Ford Credit Floorplan Master Owner Trust

 
    1,745,000    

1 mo. USD LIBOR + 0.530%,
2.60%, 07/15/2020(2)

    1,745,348  
    1,380,000    

1 mo. USD LIBOR + 0.600%,
2.67%, 08/15/2020(2)

    1,380,636  
   

GMF Floorplan Owner Revolving Trust

 
    2,675,000    

1 mo. USD LIBOR + 0.430%,
2.50%, 07/15/2022(1)(2)

    2,682,036  
    1,440,000    

1 mo. USD LIBOR + 0.570%,
2.64%, 01/18/2022(1)(2)

    1,446,099  
   

GreatAmerica Leasing Receivables Funding LLC

 
    318,350    

1.72%, 04/22/2019(1)

    317,896  
    760,000    

2.35%, 05/15/2020(1)

    757,470  
   

John Deere Owner Trust

 

    315,587    

1.50%, 10/15/2019

    315,051  
    285,872    

1.59%, 04/15/2020

    284,787  
    1,310,000    

Kubota Credit Owner Trust
2.80%, 02/16/2021(1)

    1,308,831  
   

MMAF Equipment Finance LLC

 

    527,658    

1.73%, 05/18/2020(1)

    526,204  
    1,880,000    

1.93%, 10/15/2020(1)

    1,867,449  
    1,365,000    

2.92%, 07/12/2021(1)

    1,364,346  
Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 28.1% - (continued)  
            Asset-Backed - Finance & Insurance - 6.0% - (continued)  
  $       362,067    

Nationstar HECM Loan Trust
2.76%, 02/25/2028(1)(3)(4)(5)

  $ 362,067  
   

New York City Tax Lien

 

    55,164    

1.47%, 11/10/2029(1)

    54,232  
    1,019,563    

1.87%, 11/10/2030(1)

    1,006,785  
   

Verizon Owner Trust

 

    2,250,000    

1.42%, 01/20/2021(1)

    2,235,983  
    730,000    

1.92%, 12/20/2021(1)

    719,667  
    905,000    

2.06%, 09/20/2021(1)

    894,691  
    1,982,044    

Volvo Financial Equipment LLC
1.55%, 10/15/2019(1)

    1,977,604  
    230,000    

Volvo Financial Equipment Master Owner Trust
1 mo. USD LIBOR + 0.500%,
2.57%, 11/15/2022(1)(2)

    230,430  
     

 

 

 
      30,081,107  
     

 

 

 
            Asset-Backed - Home Equity - 0.3%      
    1,411,484    

New Residential Mortgage Loan Trust
4.00%, 08/27/2057(1)(3)

    1,424,150  
     

 

 

 
            Asset-Backed - Student Loan - 1.0%      
   

Navient Student Loan Trust

 
    386,011    

1 mo. USD LIBOR + 0.400%, 2.49%, 07/26/2066(1)(2)

    386,177  
    203,024    

1 mo. USD LIBOR + 0.480%, 2.57%, 03/25/2066(1)(2)

    203,359  
   

SLM Student Loan Trust

 
    883,229    

3 mo. USD LIBOR + 0.090%, 2.45%, 10/25/2024(2)

    882,541  
    798,229    

3 mo. USD LIBOR + 0.120%, 2.48%, 01/25/2027(2)

    795,296  
    891,194    

1 mo. USD LIBOR + 0.520%, 2.61%, 03/25/2026(2)

    893,615  
    1,534,756    

1 mo. USD LIBOR + 0.600%, 2.69%, 11/25/2027(2)

    1,541,136  
    494,687    

SoFi Professional Loan Program LLC
1 mo. USD LIBOR + 1.600%,
3.69%, 06/25/2025(1)(2)

    499,444  
     

 

 

 
    5,201,568  
     

 

 

 
            Commercial Mortgage-Backed Securities - 0.9%  
    1,365,000    

FREMF Mortgage Trust
1 mo. USD LIBOR + 0.320%,
2.40%, 02/25/2020(2)

    1,368,144  
    800,000    

GS Mortgage Securities Corp. Trust
1 mo. USD LIBOR + 0.700%,
2.77%, 07/15/2032(1)(2)

    799,693  
    500,000    

JP Morgan Chase Commercial Mortgage Securities Trust
5.63%, 12/05/2027(1)

    519,104  
    1,472    

LB-UBS Commercial Mortgage Trust
6.32%, 04/15/2041(3)

    1,474  
    1,892,889    

SG Residential Mortgage Trust
3.43%, 04/27/2048(1)(3)

    1,892,889  
     

 

 

 
    4,581,304  
     

 

 

 
            Whole Loan Collateral CMO - 0.2%  
    247,141    

OBX Trust
1 mo. USD LIBOR + 0.650%,
2.74%, 06/25/2057(1)(2)

    247,435  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  155  

 


Hartford Ultrashort Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 28.1% - (continued)  
            Whole Loan Collateral CMO - 0.2% - (continued)  
  $       690,703    

Verus Securitization Trust
2.93%, 02/25/2048(1)(3)

  $ 684,927  
     

 

 

 
    932,362  
     

 

 

 
 

Total Asset & Commercial Mortgage Backed Securities
(cost $141,773,632)

  $ 141,356,354  
     

 

 

 
     
CORPORATE BONDS - 44.5%  
      Agriculture - 0.4%  
  $       1,750,000    

Philip Morris International, Inc.
3 mo. USD LIBOR + 0.420%,
2.75%, 02/21/2020(2)

  $ 1,756,556  
     

 

 

 
      Auto Manufacturers - 3.7%  
    2,000,000    

American Honda Finance Corp.
2.00%, 11/13/2019

    1,977,022  
 

Daimler Finance North America LLC

 

    1,750,000    

1.50%, 07/05/2019(1)

    1,724,521  
    715,000    

3 mo. USD LIBOR + 0.390%,
2.75%, 05/04/2020(1)(2)

    714,748  
 

Ford Motor Credit Co. LLC

 

    1,500,000    

2.26%, 03/28/2019

    1,491,933  
    2,500,000    

3 mo. USD LIBOR + 0.830%,
3.16%, 03/12/2019(2)

    2,507,818  
    1,000,000    

General Motors Financial Co., Inc.
3 mo. USD LIBOR + 0.850%,
3.19%, 04/09/2021(2)

    1,005,201  
    1,500,000    

Harley-Davidson Financial Services, Inc.
2.25%, 01/15/2019(1)

    1,495,920  
    1,250,000    

Hyundai Capital America
3 mo. USD LIBOR + 0.940%,
3.26%, 07/08/2021(1)(2)

    1,250,600  
    1,900,000    

Nissan Motor Acceptance Corp.
3 mo. USD LIBOR + 0.390%,
2.73%, 09/28/2020(1)(2)

    1,901,240  
    1,500,000    

PACCAR Financial Corp.
3 mo. USD LIBOR + 0.600%, 2.91%, 12/06/2018(2)

    1,503,390  
 

Toyota Motor Credit Corp.

 

    1,000,000    

2.20%, 01/10/2020

    990,840  
    2,000,000    

3 mo. USD LIBOR + 0.260%, 2.61%, 04/17/2020(2)

    2,005,607  
     

 

 

 
    18,568,840  
     

 

 

 
      Beverages - 2.4%  
    5,000,000    

Anheuser-Busch InBev Finance, Inc.
3 mo. USD LIBOR + 0.400%, 2.76%, 02/01/2019(2)

    5,010,078  
    6,000,000    

Anheuser-Busch InBev Worldwide, Inc.
3 mo. USD LIBOR + 0.690%, 3.05%, 08/01/2018(2)

    6,004,220  
    1,250,000    

PepsiCo, Inc.
3 mo. USD LIBOR + 0.040%, 2.40%, 05/02/2019(2)

    1,250,725  
     

 

 

 
    12,265,023  
     

 

 

 
      Biotechnology - 0.7%  
    2,148,000    

Amgen, Inc.
3 mo. USD LIBOR + 0.320%, 2.67%, 05/10/2019(2)

    2,152,581  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 44.5% - (continued)  
      Biotechnology - 0.7% - (continued)  
  $       1,205,000    

Gilead Sciences, Inc.
1.85%, 09/20/2019

  $ 1,190,354  
     

 

 

 
    3,342,935  
     

 

 

 
      Chemicals - 0.5%  
    1,250,000    

Air Liquide Finance S.A.
1.38%, 09/27/2019(1)

    1,226,983  
    1,450,000    

EI du Pont de Nemours & Co.
3 mo. USD LIBOR + 0.530%,
2.89%, 05/01/2020(2)

    1,454,956  
     

 

 

 
    2,681,939  
     

 

 

 
      Commercial Banks - 19.3%  
    2,200,000    

ABN Amro Bank N.V.
3 mo. USD LIBOR + 0.640%,
3.00%, 01/18/2019(1)(2)

    2,205,918  
 

Bank of America Corp.

 

    1,500,000    

3 mo. USD LIBOR + 0.650%, 2.99%, 10/01/2021(2)

    1,505,312  
    2,000,000    

3 mo. USD LIBOR + 1.040%, 3.39%, 01/15/2019(2)

    2,010,067  
    1,350,000    

Bank of Montreal
1.35%, 08/28/2018(3)

    1,347,731  
    1,750,000    

Bank of Nova Scotia
1.65%, 06/14/2019

    1,731,092  
 

BB&T Corp.

 

    1,500,000    

3 mo. USD LIBOR + 0.570%, 2.91%, 06/15/2020(2)

    1,507,610  
    2,500,000    

3 mo. USD LIBOR + 0.660%, 3.02%, 02/01/2019(2)

    2,506,408  
    1,750,000    

Canadian Imperial Bank of Commerce
3 mo. USD LIBOR + 0.320%,
2.68%, 02/02/2021(2)

    1,749,524  
 

Capital One Financial Corp.

 

    1,250,000    

3 mo. USD LIBOR + 0.760%, 3.12%, 05/12/2020(2)

    1,255,250  
    1,500,000    

3 mo. USD LIBOR + 0.950%, 3.28%, 03/09/2022(2)

    1,505,693  
    4,000,000    

Citigroup, Inc.
3 mo. USD LIBOR + 0.770%,
3.10%, 04/08/2019(2)

    4,016,911  
    1,500,000    

Citizens Bank NA
3 mo. USD LIBOR + 0.540%,
2.86%, 03/02/2020(2)

    1,503,082  
    2,070,000    

Commonwealth Bank of Australia
3 mo. USD LIBOR + 0.640%,
3.00%, 11/07/2019(1)(2)

    2,081,104  
    2,500,000    

Credit Agricole S.A.
3 mo. USD LIBOR + 0.970%,
3.30%, 06/10/2020(1)(2)

    2,530,290  
 

Danske Bank A/S

 

    1,500,000    

3 mo. USD LIBOR + 0.510%,
2.83%, 03/02/2020(1)(2)

    1,503,950  
    2,000,000    

3 mo. USD LIBOR + 0.580%,
2.89%, 09/06/2019(1)(2)

    2,008,010  
    1,500,000    

Deutsche Bank AG
3 mo. USD LIBOR + 0.970%,
3.31%, 07/13/2020(2)

    1,490,576  
    1,500,000    

DNB Bank ASA
3 mo. USD LIBOR + 0.370%,
2.71%, 10/02/2020(1)(2)

    1,502,607  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  156  

 


Hartford Ultrashort Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 44.5% - (continued)  
      Commercial Banks - 19.3% - (continued)  
 

Fifth Third Bank

 

  $       500,000    

2.20%, 10/30/2020

  $ 488,673  
    1,000,000    

3 mo. USD LIBOR + 0.250%, 2.61%, 10/30/2020(2)

    999,075  
    2,350,000    

3 mo. USD LIBOR + 0.590%, 2.93%, 09/27/2019(2)

    2,356,859  
 

Goldman Sachs Group, Inc.

 

    3,500,000    

3 mo. USD LIBOR + 1.170%, 3.51%, 11/15/2021(2)

    3,542,952  
    2,000,000    

3 mo. USD LIBOR + 1.160%, 3.52%, 04/23/2020(2)

    2,025,944  
    1,785,000    

HSBC Holdings plc
3 mo. USD LIBOR + 0.600%,
2.93%, 05/18/2021(2)

    1,787,601  
 

Huntington National Bank

 

    1,500,000    

2.20%, 11/06/2018

    1,497,983  
    1,500,000    

3 mo. USD LIBOR + 0.510%, 2.84%, 03/10/2020(2)

    1,503,169  
    1,000,000    

ING Bank N.V.
1.65%, 08/15/2019(1)

    985,003  
 

JP Morgan Chase & Co.

 

    1,500,000    

3 mo. USD LIBOR + 0.680%, 2.98%, 06/01/2021(2)

    1,507,125  
    3,000,000    

3 mo. USD LIBOR + 0.630%, 2.99%, 01/28/2019(2)

    3,009,076  
    1,000,000    

KeyBank NA
1.60%, 08/22/2019

    985,256  
    1,250,000    

Manufacturers & Traders Trust Co.
3 mo. USD LIBOR + 0.270%, 2.63%, 01/25/2021(2)

    1,249,318  
    3,000,000    

Morgan Stanley
3 mo. USD LIBOR + 0.850%, 3.21%, 01/24/2019(2)

    3,011,592  
 

PNC Bank NA

 

    2,000,000    

1.45%, 07/29/2019

    1,972,012  
    870,000    

1.70%, 12/07/2018

    866,665  
    750,000    

2.50%, 01/22/2021

    736,308  
    1,500,000    

Regions Bank
3 mo. USD LIBOR + 0.380%, 2.72%, 04/01/2021(2)

    1,498,162  
    3,000,000    

Royal Bank of Canada
3 mo. USD LIBOR + 0.450%, 2.79%, 01/10/2019(2)

    3,005,990  
   

Santander UK plc

 
    1,500,000    

3 mo. USD LIBOR + 0.620%, 2.92%, 06/01/2021(2)

    1,499,148  
    2,500,000    

3 mo. USD LIBOR + 0.850%, 3.18%, 08/24/2018(2)

    2,503,349  
    3,000,000    

Societe Generale S.A.
3 mo. USD LIBOR + 1.080%, 3.42%, 10/01/2018(2)

    3,007,097  
   

Sumitomo Mitsui Banking Corp.

 
    1,000,000    

2.51%, 01/17/2020

    989,449  
    1,000,000    

3 mo. USD LIBOR + 0.350%, 2.70%, 01/17/2020(2)

    999,979  
 

SunTrust Bank

 
    1,000,000    

3 mo. USD LIBOR + 0.300%, 2.59%, 01/29/2021(2)

    991,145  
    3,000,000    

3 mo. USD LIBOR + 0.530%, 2.89%, 01/31/2020(2)

    3,010,563  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 44.5% - (continued)  
      Commercial Banks - 19.3% - (continued)  
 

Svenska Handelsbanken AB

 

  $       1,250,000    

3 mo. USD LIBOR + 0.360%, 2.68%, 09/08/2020(2)

  $ 1,252,332  
    1,250,000    

3 mo. USD LIBOR + 0.470%, 2.80%, 05/24/2021(2)

    1,250,275  
    1,665,000    

3 mo. USD LIBOR + 0.490%, 2.80%, 09/06/2019(2)

    1,670,770  
    2,250,000    

Toronto-Dominion Bank
1.45%, 08/13/2019

    2,217,325  
    875,000    

U.S. Bancorp
3 mo. USD LIBOR + 0.490%, 2.83%, 11/15/2018(2)

    876,195  
 

U.S. Bank NA

 

    1,000,000    

2.05%, 10/23/2020

    976,362  
    1,775,000    

3 mo. USD LIBOR + 0.290%, 2.62%, 05/21/2021(2)

    1,772,449  
    1,250,000    

3 mo. USD LIBOR + 0.320%, 2.68%, 01/24/2020(2)

    1,252,666  
 

UBS AG

 

    715,000    

2.45%, 12/01/2020(1)

    698,925  
    1,250,000    

3 mo. USD LIBOR + 0.320%, 2.64%, 12/07/2018(1)(2)

    1,251,012  
    800,000    

3 mo. USD LIBOR + 0.580%, 2.90%, 06/08/2020(1)(2)

    802,192  
 

Wells Fargo Bank NA

 

    1,025,000    

2.60%, 01/15/2021

    1,008,669  
    2,000,000    

3 mo. USD LIBOR + 0.650%, 2.96%, 12/06/2019(2)

    2,013,368  
     

 

 

 
    97,033,168  
     

 

 

 
      Commercial Services - 0.2%  
    915,000    

Equifax, Inc.
3 mo. USD LIBOR + 0.870%, 3.20%, 08/15/2021(2)

    917,734  
     

 

 

 
      Diversified Financial Services - 2.1%  
    1,250,000    

AIG Global Funding
3 mo. USD LIBOR + 0.460%, 2.80%, 06/25/2021(1)(2)

    1,250,711  
    1,000,000    

American Express Co.
3 mo. USD LIBOR + 0.525%, 2.85%, 05/17/2021(2)

    1,002,784  
 

American Express Credit Corp.

 

    1,000,000    

3 mo. USD LIBOR + 0.330%, 2.68%, 05/03/2019(2)

    1,001,767  
    2,500,000    

3 mo. USD LIBOR + 0.550%, 2.89%, 03/18/2019(2)

    2,507,980  
    1,395,000    

Private Export Funding Corp.
2.10%, 12/19/2019(1)

    1,383,480  
    1,465,000    

Protective Life Global Funding
1.72%, 04/15/2019(1)

    1,451,862  
    1,700,000    

Synchrony Financial
3 mo. USD LIBOR + 1.230%, 3.58%, 02/03/2020(2)

    1,715,940  
     

 

 

 
    10,314,524  
     

 

 

 
      Electric - 1.2%  
    1,250,000    

American Electric Power Co., Inc.
2.15%, 11/13/2020

    1,219,464  
    1,500,000    

Duke Energy Florida LLC
2.10%, 12/15/2019

    1,491,345  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  157  

 


Hartford Ultrashort Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 44.5% - (continued)  
      Electric - 1.2% - (continued)  
  $       3,475,000    

Pacific Gas & Electric Co.
3 mo. USD LIBOR + 0.230%, 2.55%, 11/28/2018(2)

  $ 3,461,369  
     

 

 

 
    6,172,178  
     

 

 

 
      Electronics - 0.6%  
 

Honeywell International, Inc.

 

    1,000,000    

1.80%, 10/30/2019

    987,543  
    2,000,000    

3 mo. USD LIBOR + 0.280%, 2.64%, 10/30/2019(2)

    2,006,271  
     

 

 

 
    2,993,814  
     

 

 

 
      Food - 0.6%  
    1,500,000    

JM Smucker Co.
2.20%, 12/06/2019

    1,483,985  
    1,500,000    

Kraft Heinz Foods Co.
3 mo. USD LIBOR + 0.570%, 2.92%, 02/10/2021(2)

    1,501,722  
     

 

 

 
    2,985,707  
     

 

 

 
      Healthcare - Services - 0.8%  
    490,000    

Orlando Health OBL Group
2.28%, 10/01/2018

    489,412  
    2,500,000    

Roche Holdings, Inc.
3 mo. USD LIBOR + 0.340%, 2.67%, 09/30/2019(1)(2)

    2,509,477  
    1,000,000    

UnitedHealth Group, Inc.
1.95%, 10/15/2020

    975,614  
     

 

 

 
    3,974,503  
     

 

 

 
      Insurance - 2.8%  
    440,000    

Allstate Corp.
3 mo. USD LIBOR + 0.430%, 2.76%, 03/29/2021(2)

    440,210  
    1,400,000    

Jackson National Life Global Funding
3 mo. USD LIBOR + 0.250%, 2.59%, 12/27/2018(1)(2)

    1,400,817  
 

MassMutual Global Funding II

 

    1,500,000    

1.55%, 10/11/2019(1)

    1,475,199  
    704,000    

1.95%, 09/22/2020(1)

    684,881  
 

Metropolitan Life Global Funding I

 

    2,460,000    

1.75%, 12/19/2018(1)

    2,451,562  
    795,000    

2.40%, 01/08/2021(1)

    780,054  
    2,000,000    

New York Life Global Funding
3 mo. USD LIBOR + 0.270%, 2.60%, 04/09/2020(1)(2)

    2,004,998  
    1,000,000    

Protective Life Global Funding
3 mo. USD LIBOR + 0.520%, 2.86%, 06/28/2021(1)(2)

    999,712  
    4,000,000    

Prudential Financial, Inc.
3 mo. USD LIBOR + 0.780%, 3.12%, 08/15/2018(2)

    4,003,613  
     

 

 

 
    14,241,046  
     

 

 

 
      Iron/Steel - 0.3%  
    1,500,000    

Glencore Funding LLC
2.50%, 01/15/2019(1)

    1,491,840  
     

 

 

 
      IT Services - 0.7%  
    1,425,000    

Apple, Inc.
3 mo. USD LIBOR + 0.070%, 2.43%, 05/11/2020(2)

    1,426,001  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 44.5% - (continued)  
      IT Services - 0.7% - (continued)  
  $       2,000,000    

Hewlett Packard Enterprise Co.
2.10%, 10/04/2019(1)

  $ 1,974,824  
     

 

 

 
    3,400,825  
     

 

 

 
      Machinery - Construction & Mining - 0.6%  
 

Caterpillar Financial Services Corp.

 

    1,000,000    

2.00%, 11/29/2019

    988,142  
    1,750,000    

3 mo. USD LIBOR + 0.280%, 2.61%, 03/22/2019(2)

    1,751,671  
     

 

 

 
    2,739,813  
     

 

 

 
      Machinery - Diversified - 1.1%  
 

John Deere Capital Corp.

 

    1,125,000    

3 mo. USD LIBOR + 0.290%, 2.62%, 06/22/2020(2)

    1,127,371  
    2,000,000    

3 mo. USD LIBOR + 0.300%, 2.63%, 03/13/2020(2)

    2,004,641  
    2,500,000    

Roper Technologies, Inc.
2.05%, 10/01/2018

    2,496,870  
     

 

 

 
        5,628,882  
     

 

 

 
            Media - 0.5%  
    1,125,000    

NBCUniversal Enterprise, Inc.
3 mo. USD LIBOR + 0.400%, 2.74%, 04/01/2021(1)(2)

    1,126,557  
    1,315,000    

Walt Disney Co.
0.88%, 07/12/2019

    1,290,045  
     

 

 

 
        2,416,602  
     

 

 

 
            Miscellaneous Manufacturing - 0.6%  
   

Siemens Financieringsmaatschappij N.V.

 
    1,700,000    

3 mo. USD LIBOR + 0.320%, 2.65%, 09/13/2019(1)(2)

    1,704,873  
    1,500,000    

3 mo. USD LIBOR + 0.340%, 2.68%, 03/16/2020(1)(2)

    1,505,424  
     

 

 

 
        3,210,297  
     

 

 

 
            Oil & Gas - 2.2%  
   

BP Capital Markets plc

 
    980,000    

1.77%, 09/19/2019

    967,798  
    4,000,000    

3 mo. USD LIBOR + 0.630%, 2.97%, 09/26/2018(2)

    4,006,203  
    1,500,000    

Chevron Corp.
3 mo. USD LIBOR + 0.210%, 2.53%, 03/03/2020(2)

    1,503,500  
    3,000,000    

Equinor ASA
3 mo. USD LIBOR + 0.460%, 2.82%, 11/08/2018(2)

    3,005,083  
    1,660,000    

Phillips 66
3 mo. USD LIBOR + 0.750%, 3.10%, 04/15/2020(1)(2)

    1,660,701  
     

 

 

 
        11,143,285  
     

 

 

 
            Oil & Gas Services - 0.2%  
    1,250,000    

Schlumberger Finance Canada Ltd.
2.20%, 11/20/2020(1)

    1,219,379  
     

 

 

 
            Pharmaceuticals - 0.7%  
    1,500,000    

Bayer U.S. Finance LLC
3 mo. USD LIBOR + 0.630%, 2.97%, 06/25/2021(1)(2)

    1,502,107  
    1,425,000    

Cardinal Health, Inc.
1.95%, 06/14/2019

    1,413,154  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  158  

 


Hartford Ultrashort Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 44.5% - (continued)  
            Pharmaceuticals - 0.7% - (continued)  
  $       700,000    

CVS Health Corp.
3 mo. USD LIBOR + 0.720%, 3.05%, 03/09/2021(2)

  $ 703,529  
     

 

 

 
        3,618,790  
     

 

 

 
            REITS - 0.4%  
    2,000,000    

Boston Properties L.P.
5.88%, 10/15/2019

    2,059,883  
     

 

 

 
            Retail - 1.2%  
    2,000,000    

Alimentation Couche-Tard, Inc.
2.35%, 12/13/2019(1)

    1,975,536  
    1,500,000    

CVS Health Corp.
1.90%, 07/20/2018

    1,499,685  
    1,100,000    

Dollar Tree, Inc.
3 mo. USD LIBOR + 0.700%, 3.06%, 04/17/2020(2)

    1,102,249  
    1,500,000    

Home Depot, Inc.
3 mo. USD LIBOR + 0.150%, 2.47%, 06/05/2020(2)

    1,503,997  
     

 

 

 
        6,081,467  
     

 

 

 
            Semiconductors - 0.4%  
    2,000,000    

QUALCOMM, Inc.
3 mo. USD LIBOR + 0.450%, 2.78%, 05/20/2020(2)

    2,019,292  
     

 

 

 
            Telecommunications - 0.3%  
    1,510,000    

Juniper Networks, Inc.
3.13%, 02/26/2019

    1,512,866  
     

 

 

 
   

Total Corporate Bonds
(cost $224,010,220)

  $ 223,791,188  
     

 

 

 
     
MUNICIPAL BONDS - 0.3%  
            General - 0.0%  
  $       170,000    

Fresno County, CA
4.66%, 08/15/2018

  $ 170,376  
     

 

 

 
            Transportation - 0.3%  
    1,490,000    

New York & New Jersey PA
2.29%, 09/15/2019

    1,482,431  
     

 

 

 
   

Total Municipal Bonds
(cost $1,660,353)

  $ 1,652,807  
     

 

 

 
     
U.S. GOVERNMENT AGENCIES - 4.8%  
            U.S. Government Agencies - 4.8%  
            FHLB - 4.4%  
   

FHLB

 

  $       7,250,000    

1.25%, 01/16/2019

  $ 7,212,256  
    15,000,000    

1.38%, 05/28/2019

    14,867,280  
     

 

 

 
        22,079,536  
     

 

 

 
            FHLMC - 0.4%  
    2,000,000    

FHLMC
1 mo. USD LIBOR + 0.200%, 2.20%, 10/25/2019(2)

    2,000,002  
     

 

 

 
        2,000,002  
     

 

 

 
        24,079,538  
     

 

 

 
   

Total U.S. Government Agencies
(cost $24,223,703)

  $ 24,079,538  
     

 

 

 
Shares or Principal Amount   Market Value  
U.S. GOVERNMENT SECURITIES - 21.7%  
            U.S. Treasury Securities - 21.7%  
            U.S. Treasury Notes - 21.7%  
   

U.S. Treasury Notes

 

  $       12,500,000    

0.75%, 07/31/2018

  $ 12,489,344  
    27,500,000    

0.88%, 10/15/2018

    27,411,459  
    7,500,000    

0.88%, 04/15/2019

    7,416,504  
    11,250,000    

1.00%, 03/15/2019

    11,152,002  
    15,000,000    

1.13%, 01/31/2019

    14,907,422  
    10,000,000    

1.25%, 11/15/2018

    9,969,922  
    15,000,000    

1.25%, 12/31/2018

    14,932,031  
    5,000,000    

1.50%, 12/31/2018

    4,983,203  
    6,000,000    

1.50%, 05/31/2019

    5,954,765  
     

 

 

 
        109,216,652  
     

 

 

 
        109,216,652  
     

 

 

 
   

Total U.S. Government Securities
(cost $109,351,686)

  $ 109,216,652  
     

 

 

 
   

Total Long-Term Investments
(cost $501,019,594)

  $ 500,096,539  
     

 

 

 
     
SHORT-TERM INVESTMENTS - 0.5%  
            Commercial Paper - 0.4%  
  $       2,000,000    

Bank of Montreal
3 mo. USD LIBOR + 0.260%, 2.62%, 11/04/2019(2)(6)

  $ 2,000,778  
     

 

 

 
            Other Investment Pools & Funds - 0.1%  
    744,504    

Fidelity Institutional Government Fund,
Institutional Class,
1.80%(7)

    744,504  
     

 

 

 
   

Total Short-Term Investments
(cost $2,744,504)

  $ 2,745,282  
     

 

 

 
   

Total Investments
(cost $503,764,098)

    99.9    $ 502,841,821  
   

Other Assets and Liabilities

    0.1      512,845  
     

 

 

    

 

 

 
   

Total Net Assets

    100.0    $ 503,354,666  
     

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  159  

 


Hartford Ultrashort Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note:

Percentage of investments as shown is the ratio of the total market value to total net assets.

 

    

The Fund may refer to any one or more of the industry classifications used by one or more widely recognized market indices, ratings group and/or as defined by Fund management. Industry classifications may not be identical across all security types.

 

    

For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

(1) 

Securities issued within terms of a private placement memorandum and exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold to qualified institutional buyers. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2018, the aggregate value of these securities was $129,688,854, which represented 25.8% of total net assets.

 

(2) 

Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2018.

 

(3) 

Variable or floating rate security, which interest rate adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. Rate shown is the rate in effect as of period end.

 

(4) 

This security is valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2018, the aggregate fair value of this security was $362,067, which represented 0.1% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

 

(5) 

This security has been identified as illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time. The identification of illiquid securities is unaudited. At June 30, 2018, the aggregate value of this security was $362,067, which represented 0.1% of total net assets.

 

(6) 

The rate shown represents current yield to maturity.

 

(7) 

Current yield as of period end.

 

See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Other Abbreviations:

CMO

   Collateralized Mortgage Obligation

FHLB

   Federal Home Loan Bank

FHLMC

   Federal Home Loan Mortgage Corp.

LIBOR

   London Interbank Offered Rate
Municipal Abbreviations:

PA

   Port Authority

 

The accompanying notes are an integral part of these financial statements.

 

 

  160  

 


Hartford Ultrashort Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total      Level 1(1)      Level 2(1)      Level 3(1)  

Assets

           

Asset & Commercial Mortgage Backed Securities

   $     141,356,354      $      $     140,994,287      $     362,067  

Corporate Bonds

     223,791,188               223,791,188         

Municipal Bonds

     1,652,807               1,652,807         

U.S. Government Agencies

     24,079,538               24,079,538         

U.S. Government Securities

     109,216,652               109,216,652         

Short-Term Investments

     2,745,282            744,504        2,000,778         
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 502,841,821      $ 744,504      $ 501,735,250      $ 362,067  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1)  For the six-month period ended June 30, 2018, there were no transfers between any levels.

Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the six-month period ended June 30, 2018 is not presented.

 

The accompanying notes are an integral part of these financial statements.

 

 

  161  

 


Hartford U.S. Government Securities HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 19.1%  
            Asset-Backed - Automobile - 1.6%  
  $       350,000    

Avis Budget Rental Car Funding AESOP LLC
2.99%, 06/20/2022(1)

  $ 346,426  
    2,907,000    

Capital Auto Receivables Asset Trust
3.62%, 05/20/2021

    2,922,723  
    2,522,947    

Westlake Automobile Receivables Trust
3.40%, 01/15/2021(1)

    2,525,505  
     

 

 

 
        5,794,654  
     

 

 

 
            Asset-Backed - Finance & Insurance - 4.2%  
    2,990,000    

Ares CLO Ltd.
3 mo. USD LIBOR + 1.190%, 3.54%, 04/17/2026(1)(2)

    2,989,142  
    1,463,761    

Limerock CLO Ltd.
3 mo. USD LIBOR + 1.300%, 3.66%, 04/18/2026(1)(2)

    1,463,442  
    1,721,142    

NRZ Excess Spread-Collateralized Notes
3.19%, 01/25/2023(1)

    1,709,477  
    1,285,000    

Shackleton CLO Ltd.
3 mo. USD LIBOR + 1.950%, 4.30%, 04/15/2027(1)(2)

    1,283,883  
    2,968,825    

Springleaf Funding Trust
3.16%, 11/15/2024(1)

    2,967,685  
    562,969    

Structured Asset Securities Corp.
1 mo. USD LIBOR + 1.500%, 3.59%, 02/25/2033(2)

    568,872  
   

Towd Point Mortgage Trust

 

    632,789    

2.75%, 04/25/2057(1)(3)

    622,403  
    2,632,000    

3.75%, 05/25/2058(1)(3)

    2,632,957  
    1,185,000    

Tryon Park CLO, Ltd.
3 mo. USD LIBOR + 0.890%, 3.24%, 04/15/2029(1)(2)

    1,179,696  
     

 

 

 
        15,417,557  
     

 

 

 
            Asset-Backed - Home Equity - 1.2%  
   

Morgan Stanley Asset Backed Securities Capital I, Inc. Trust

 
    7,640,000    

1.00%, 07/15/2051(4)

    480,982  
    634,801    

1 mo. USD LIBOR + 1.500%, 3.59%, 11/25/2032(2)

    631,392  
    3,606,000    

NRZ Advance Receivables Trust
2.58%, 10/15/2049(1)

    3,572,307  
     

 

 

 
        4,684,681  
     

 

 

 
            Commercial Mortgage - Backed Securities - 7.1%  
    3,400,000    

CSMC Trust
2.76%, 04/05/2033(1)

    3,348,935  
   

FREMF Mortgage Trust

 

    5,845,000    

1 mo. USD LIBOR + 0.320%, 2.40%, 02/25/2020(2)

    5,858,463  
    435,000    

3.48%, 05/25/2045(1)(3)

    435,984  
    955,000    

3.76%, 11/25/2050(1)(3)

    932,158  
    1,225,000    

3.82%, 04/25/2048(1)(3)

    1,191,303  
    1,325,000    

3.85%, 10/25/2049(1)(3)

    1,274,678  
    1,005,000    

3.93%, 02/25/2050(1)(3)

    979,656  
    2,645,000    

3.94%, 06/25/2047(1)(3)

    2,663,426  
    700,000    

3.98%, 08/25/2027(1)(3)

    681,939  
    660,000    

4.08%, 09/25/2049(1)(3)

    650,062  
    4,580,000    

4.11%, 03/25/2028(1)(3)

    4,460,507  
    1,665,000    

4.17%, 11/25/2044(1)(3)

    1,665,757  
    1,990,000    

5.69%, 04/25/2020(1)(3)

    2,062,820  
     

 

 

 
        26,205,688  
     

 

 

 
Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 19.1% -
(continued)
 
            Whole Loan Collateral CMO - 5.0%  
  $       264,738    

Angel Oak Mortgage Trust LLC
2.81%, 01/25/2047(1)(3)

  $ 263,263  
    3,377,702    

CIM Trust
3.00%, 04/25/2057(1)(3)

    3,340,768  
    551,587    

Deephaven Residential Mortgage Trust
2.73%, 12/26/2046(1)(3)

    549,253  
    771,167    

LSTAR Securities Investment Ltd.
1 mo. USD LIBOR + 1.750%, 0.04%, 10/01/2022(1)(2)

    768,168  
    516,163    

Mill City Mortgage Loan Trust
2.50%, 04/25/2057(1)(3)

    506,415  
   

New Residential Mortgage Loan Trust

 

    1,173,657    

3.25%, 09/25/2056(1)(3)

    1,158,862  
    1,470,795    

3.75%, 03/25/2056(1)(3)

    1,473,006  
    1,003,167    

Sequoia Mortgage Trust
1 mo. USD LIBOR + 0.460%, 2.54%, 02/20/2035(2)

    995,276  
    1,572,915    

Thornburg Mortgage Securities Trust
3.38%, 04/25/2045(3)

    1,582,263  
   

Towd Point Mortgage Trust

 

    56,829    

2.75%, 04/25/2055(1)(3)

    55,907  
    66,041    

2.75%, 05/25/2055(1)(3)

    65,095  
    1,500,237    

3.00%, 03/25/2054(1)(3)

    1,489,462  
    2,399,000    

3.75%, 04/25/2055(1)(3)

    2,409,340  
   

WaMu Mortgage Pass-Through Certificates Trust

 
    1,395,290    

3.28%, 10/25/2035(3)

    1,408,509  
    1,313,624    

3.45%, 03/25/2033(3)

    1,329,563  
    969,649    

Wells Fargo Mortgage Backed Securities Trust
3.62%, 09/25/2033(3)

    992,990  
     

 

 

 
      18,388,140  
     

 

 

 
   

Total Asset & Commercial Mortgage Backed Securities
(cost $70,769,691)

  $ 70,490,720  
     

 

 

 
     
U.S. GOVERNMENT AGENCIES - 39.5%  
            Mortgage-Backed Agencies - 39.5%  
            FHLMC - 15.4%  
  $       7,027,262    

1.57%, 01/25/2022

  $ 6,862,576  
    2,574,981    

1 mo. USD LIBOR + 0.380%, 2.38%, 04/25/2020(2)

    2,579,401  
    880,183    

2.50%, 12/15/2026(5)

    44,459  
    867,119    

2.50%, 03/15/2028(5)

    66,770  
    614,387    

2.50%, 05/15/2028(5)

    46,159  
    1,080,623    

3.00%, 04/15/2028(5)

    93,093  
    872,165    

3.00%, 05/15/2032(5)

    64,139  
    638,664    

3.00%, 03/15/2033(5)

    79,103  
    4,126,785    

3.00%, 11/01/2036

    4,069,520  
    146,278    

3.00%, 09/01/2045

    142,791  
    3,807,897    

3.00%, 05/15/2046

    3,761,208  
    981,334    

3.00%, 08/15/2047

    973,029  
    14,800,000    

3.00%, 07/01/2048(4)(6)

    14,324,541  
    5,400,000    

3.19%, 07/25/2027

    5,311,422  
    6,205,000    

3.50%, 11/15/2025

    6,340,358  
    1,045,510    

3.50%, 06/15/2026(5)

    69,584  
    364,892    

3.50%, 09/15/2026(5)

    33,111  
    630,836    

3.50%, 03/15/2027(5)

    55,312  
    1,950,138    

3.50%, 01/15/2028(5)

    190,392  
    355,869    

4.00%, 07/15/2027(5)

    35,460  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  162  

 


Hartford U.S. Government Securities HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 39.5% - (continued)  
            Mortgage-Backed Agencies - 39.5% - (continued)  
            FHLMC - 15.4% - (continued)  
  $       1,041,312    

4.00%, 03/15/2028(5)

  $ 105,331  
    554,051    

4.00%, 06/15/2028(5)

    58,002  
    1,329,282    

4.00%, 07/15/2030(5)

    142,420  
    276,840    

4.00%, 06/01/2044

    283,331  
    600,000    

4.00%, 07/01/2048(4)(6)

    611,562  
    4,820    

4.50%, 12/01/2018

    4,858  
    2,084,862    

4.50%, 02/15/2027(5)

    224,548  
    2,347,564    

4.50%, 05/15/2034

    2,390,595  
    808,898    

5.00%, 09/15/2033(5)

    156,138  
    3,501    

5.50%, 06/01/2034

    3,764  
    33,311    

5.50%, 10/01/2035

    36,128  
    51,698    

5.50%, 04/01/2037

    55,953  
    742,276    

5.50%, 12/01/2037

    802,513  
    250,257    

5.50%, 04/01/2038

    270,106  
    16,067    

5.50%, 05/01/2038

    17,366  
    1,301,745    

5.50%, 08/01/2038

    1,408,971  
    2,614    

5.50%, 12/01/2039

    2,827  
    29,903    

6.00%, 10/01/2021

    32,666  
    41,913    

6.00%, 10/01/2022

    45,785  
    61,880    

6.00%, 01/01/2028

    67,606  
    17,848    

6.00%, 04/15/2028

    19,204  
    36,020    

6.00%, 05/15/2028(7)

    38,825  
    44,852    

6.00%, 11/15/2028

    48,199  
    81,841    

6.00%, 12/15/2028

    88,565  
    185,654    

6.00%, 01/15/2029

    203,019  
    40,790    

6.00%, 02/15/2029

    43,912  
    47,969    

6.00%, 03/15/2029

    52,683  
    30,252    

6.00%, 05/15/2029

    32,492  
    7,289    

6.00%, 06/15/2029

    7,885  
    2,014    

6.00%, 03/15/2031

    2,225  
    83,910    

6.00%, 04/15/2031

    92,210  
    34,607    

6.00%, 10/15/2031

    37,722  
    48,220    

6.00%, 12/01/2031

    53,194  
    270,270    

6.00%, 12/15/2031(7)

    298,442  
    381,447    

6.00%, 12/15/2031

    420,445  
    13,628    

6.00%, 05/15/2032

    14,970  
    850,392    

6.00%, 06/15/2032

    933,773  
    693,174    

6.00%, 09/15/2032

    755,340  
    63,914    

6.00%, 10/15/2032

    71,598  
    494    

6.00%, 11/01/2032

    544  
    47,132    

6.00%, 11/15/2032

    51,507  
    14,866    

6.00%, 04/01/2033

    16,246  
    15,121    

6.00%, 09/01/2034

    16,749  
    5,619    

6.50%, 04/01/2028

    6,255  
    265,761    

6.50%, 08/15/2028

    289,413  
    574,031    

6.50%, 05/15/2032

    631,435  
    94,397    

6.50%, 08/01/2032

    105,084  
    222,469    

6.50%, 09/01/2032

    247,655  
    23,978    

7.00%, 10/01/2026

    24,533  
    3,587    

7.00%, 03/01/2027

    3,848  
    1,816    

7.00%, 12/01/2027

    1,818  
    897    

7.00%, 02/01/2029

    988  
    558    

7.00%, 05/01/2029

    616  
    875    

7.00%, 09/01/2029

    909  
    491    

7.00%, 02/01/2031

    544  
    76,075    

7.00%, 04/01/2032

    86,154  
    58,003    

7.00%, 05/01/2032

    59,018  
    54,841    

7.00%, 06/01/2032

    61,744  
    75,964    

7.00%, 11/01/2032

    83,473  
    2,671    

7.50%, 05/01/2024

    2,858  
Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 39.5% - (continued)  
            Mortgage-Backed Agencies - 39.5% - (continued)  
            FHLMC - 15.4% - (continued)  
  $       460    

7.50%, 06/01/2024

  $ 461  
    1,054    

7.50%, 06/01/2025

    1,120  
    4,375    

8.00%, 08/01/2024

    4,464  
    4,557    

8.00%, 09/01/2024

    4,664  
    83    

8.00%, 10/01/2024

    88  
     

 

 

 
      56,779,789  
     

 

 

 
            FNMA - 20.7%  
    1,660,121    

1.38%, 04/25/2055(3)(5)

    79,293  
    2,090,212    

1.43%, 06/25/2055(3)(5)

    98,821  
    2,810,894    

1.54%, 08/25/2044(3)(5)

    113,020  
    6,400,000    

1.97%, 11/01/2023

    6,065,095  
    1,343,884    

2.00%, 09/25/2039

    1,255,457  
    679,473    

2.05%, 11/01/2023

    647,247  
    3,365,325    

2.22%, 10/01/2022

    3,254,877  
    2,300,000    

2.23%, 11/01/2023

    2,206,877  
    1,724,631    

1 mo. USD LIBOR + 0.400%, 2.35%, 10/25/2024(2)

    1,727,571  
    2,412,590    

1 mo. USD LIBOR + 0.490%, 2.44%, 04/25/2024(2)

    2,420,983  
    200,000    

2.45%, 11/01/2022

    195,279  
    24,488    

2.50%, 01/01/2043

    23,045  
    271,380    

2.54%, 03/01/2023

    265,822  
    2,500,000    

2.68%, 05/01/2025

    2,418,585  
    91,757    

2.74%, 04/01/2022

    90,762  
    88,221    

2.83%, 06/01/2022

    87,185  
    1,290,286    

2.88%, 12/01/2027

    1,232,161  
    245,666    

2.94%, 06/01/2022

    244,574  
    1,548,599    

3.00%, 02/25/2027(5)

    116,971  
    1,662,546    

3.00%, 07/25/2027(5)

    140,631  
    622,549    

3.00%, 09/25/2027(5)

    60,377  
    68,110    

3.00%, 12/01/2030

    67,743  
    1,495,368    

3.00%, 06/25/2043

    1,484,828  
    179,471    

3.02%, 04/01/2022

    179,854  
    515,000    

3.07%, 06/01/2027

    501,608  
    7,418,259    

3.11%, 10/01/2021

    7,429,156  
    576,521    

3.25%, 12/01/2021

    579,950  
    387,533    

3.26%, 01/01/2022

    389,291  
    218,499    

3.50%, 11/01/2020

    221,048  
    3,765,527    

3.50%, 04/25/2027(5)

    364,487  
    669,156    

3.50%, 05/25/2027(5)

    68,359  
    1,099,230    

3.50%, 10/25/2027(5)

    106,428  
    340,113    

3.50%, 08/25/2030(5)

    39,001  
    758,304    

3.50%, 02/25/2031(5)

    68,475  
    642,564    

3.50%, 09/25/2035(5)

    100,477  
    11,520,769    

3.50%, 04/25/2044

    11,507,415  
    3,743,961    

3.50%, 03/25/2045

    3,778,460  
    531,707    

3.50%, 10/25/2046(5)

    123,640  
    1,417,000    

3.50%, 07/01/2048(4)(6)

    1,410,334  
    484,945    

3.51%, 11/01/2021

    491,657  
    1,035,050    

3.59%, 09/01/2030

    1,042,383  
    1,736,236    

3.65%, 11/01/2021

    1,767,787  
    83,785    

3.65%, 08/01/2023

    85,338  
    1,063,011    

3.73%, 07/01/2022

    1,083,154  
    1,015,160    

3.75%, 09/01/2023

    1,038,814  
    93,164    

3.81%, 11/01/2023

    95,669  
    282,109    

3.85%, 01/01/2024

    289,259  
    374,616    

3.87%, 01/01/2024

    384,446  
    381,405    

3.89%, 10/01/2023

    391,434  
    2,700,000    

3.98%, 07/01/2021

    2,764,628  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  163  

 


Hartford U.S. Government Securities HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 39.5% - (continued)  
            Mortgage-Backed Agencies - 39.5% - (continued)  
            FNMA - 20.7% - (continued)  
  $       148,160    

3.99%, 07/01/2021

  $ 151,749  
    1,078,106    

4.00%, 05/25/2027(5)

    98,283  
    1,353,275    

4.50%, 10/01/2040

    1,423,734  
    585,442    

4.50%, 10/01/2041

    615,805  
    1,753,984    

4.50%, 01/01/2043

    1,845,391  
    534,947    

4.50%, 09/01/2043

    562,768  
    1,710,237    

4.50%, 08/01/2044

    1,799,227  
    652    

5.00%, 08/01/2018

    662  
    9,394    

5.00%, 10/01/2018

    9,554  
    120,740    

5.00%, 06/01/2025

    125,605  
    263,151    

5.24%, 07/01/2019

    267,548  
    298,807    

5.46%, 05/25/2042(3)(5)

    30,864  
    199,957    

5.50%, 08/01/2019

    201,622  
    196,657    

6.00%, 10/01/2023

    214,926  
    26,928    

6.00%, 10/25/2028

    29,441  
    9,568    

6.00%, 11/25/2028

    10,347  
    35,978    

6.00%, 04/25/2029

    38,668  
    594    

6.00%, 05/01/2029

    651  
    32,127    

6.00%, 05/25/2029

    34,631  
    24,757    

6.00%, 06/25/2029(7)

    27,074  
    60,620    

6.00%, 07/25/2029

    65,519  
    300,412    

6.00%, 05/25/2031(7)

    324,550  
    101,247    

6.00%, 09/25/2031

    111,444  
    24,003    

6.00%, 11/25/2031

    26,244  
    466,520    

6.00%, 12/25/2031

    504,640  
    222,530    

6.00%, 01/01/2032

    244,594  
    237    

6.00%, 04/01/2032

    259  
    339    

6.00%, 05/01/2032

    374  
    1,633    

6.00%, 09/25/2032

    1,789  
    87,533    

6.00%, 11/01/2032

    95,665  
    41,303    

6.00%, 02/01/2033

    45,504  
    224,761    

6.00%, 03/01/2033

    247,605  
    724,863    

6.00%, 05/01/2033

    799,119  
    7,861    

6.00%, 08/01/2034

    8,594  
    165,263    

6.00%, 01/01/2035

    181,815  
    2,258,267    

6.00%, 02/01/2037

    2,484,369  
    1,764,082    

6.00%, 01/25/2042(5)

    340,187  
    1,201,084    

6.00%, 09/25/2047(5)

    280,735  
    25    

6.50%, 04/01/2024

    27  
    192    

6.50%, 04/01/2027

    211  
    14,198    

6.50%, 04/01/2028

    15,651  
    117    

6.50%, 05/01/2028

    129  
    7,317    

6.50%, 10/01/2028

    8,066  
    123,171    

6.50%, 11/01/2028

    135,772  
    66,861    

6.50%, 12/01/2028

    73,702  
    335,634    

6.50%, 06/25/2029

    352,885  
    191,563    

6.50%, 08/01/2029

    211,162  
    844    

6.50%, 11/01/2030

    930  
    4,504    

6.50%, 05/01/2031

    5,023  
    157,699    

6.50%, 10/25/2031

    173,671  
    1,027,951    

6.50%, 08/01/2032

    1,144,653  
    52,443    

6.50%, 09/01/2032

    57,808  
    210    

7.00%, 11/01/2031

    214  
    320    

7.00%, 12/01/2031

    325  
    205,138    

7.00%, 02/01/2032

    227,418  
    4,914    

7.50%, 06/01/2023

    5,196  
    1,715    

8.00%, 10/01/2029

    1,938  
    86    

8.00%, 03/01/2030

    87  
    5,586    

8.00%, 04/01/2030

    6,463  
    20    

8.00%, 06/01/2030

    20  
    14,035    

8.00%, 10/01/2030

    16,244  
Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 39.5% - (continued)  
            Mortgage-Backed Agencies - 39.5% - (continued)  
            FNMA - 20.7% - (continued)  
  $       25,979    

8.00%, 12/01/2030

  $ 28,952  
    90    

9.00%, 08/01/2020

    93  
    13,775    

9.00%, 09/01/2021

    13,839  
     

 

 

 
      76,331,791  
     

 

 

 
            GNMA - 3.4%  
    301,131    

1.75%, 09/20/2043

    284,787  
    2,192,582    

2.50%, 12/16/2039

    2,134,957  
    755,499    

3.00%, 09/20/2028(5)

    66,041  
    423,491    

3.00%, 02/16/2043(5)

    69,792  
    318,646    

3.50%, 02/16/2027(5)

    28,937  
    774,795    

3.50%, 03/20/2027(5)

    77,183  
    689,165    

3.50%, 07/20/2040(5)

    79,301  
    1,019,698    

3.50%, 02/20/2041(5)

    124,558  
    1,698,294    

3.50%, 04/20/2042(5)

    222,003  
    2,464,989    

3.50%, 10/20/2042(5)

    434,856  
    193,810    

3.50%, 05/20/2043(5)

    33,210  
    1,528,844    

3.50%, 07/20/2043(5)

    236,956  
    242,175    

4.00%, 12/16/2026(5)

    21,634  
    3,310,640    

4.00%, 05/20/2029(5)

    339,875  
    473,519    

4.00%, 03/20/2043(5)

    102,620  
    231,796    

4.00%, 01/20/2044(5)

    52,370  
    1,596,338    

4.00%, 03/20/2047(5)

    308,288  
    2,450,993    

4.00%, 07/20/2047(5)

    455,928  
    671,026    

4.50%, 04/20/2045(5)

    156,785  
    750,437    

5.00%, 01/20/2034

    803,412  
    1,964,767    

5.00%, 02/16/2040(5)

    463,527  
    577,899    

5.00%, 05/20/2040(5)

    140,382  
    1,732,138    

5.00%, 03/16/2044(5)

    351,817  
    475,535    

5.00%, 01/16/2047(5)

    116,214  
    948,786    

5.50%, 09/20/2033

    1,025,885  
    1,484,809    

5.50%, 03/20/2039(5)

    334,580  
    1,483,831    

5.50%, 02/16/2047(5)

    332,860  
    894,818    

5.50%, 02/20/2047(5)

    194,922  
    418,301    

6.00%, 01/15/2033

    462,245  
    314,341    

6.00%, 02/15/2033

    348,447  
    1,569,357    

6.00%, 09/20/2040(5)

    373,300  
    1,285,554    

6.00%, 02/20/2046(5)

    296,301  
    34,136    

6.50%, 12/15/2028

    38,006  
    28,041    

6.50%, 05/15/2029

    31,268  
    410,469    

6.50%, 05/16/2031

    452,096  
    28,359    

6.50%, 09/15/2031

    31,273  
    194,235    

6.50%, 10/15/2031

    214,198  
    222,907    

6.50%, 11/15/2031

    245,817  
    236,444    

6.50%, 01/15/2032

    260,745  
    10,747    

7.00%, 06/20/2030

    11,598  
    12,620    

7.00%, 05/15/2032

    14,291  
    44,606    

7.00%, 07/15/2032

    48,606  
    94,390    

7.00%, 09/15/2032

    98,759  
    603,522    

7.00%, 10/15/2032

    677,223  
    971    

7.50%, 04/15/2022

    973  
    2,983    

7.50%, 01/15/2023

    2,989  
    600    

7.50%, 05/15/2023

    624  
    2,946    

7.50%, 06/15/2023

    3,053  
    1,153    

7.50%, 07/15/2023

    1,156  
    12,980    

7.50%, 08/15/2023

    13,068  
    5,601    

7.50%, 09/15/2023

    5,613  
    8,591    

7.50%, 10/15/2023

    8,805  
    11,848    

7.50%, 11/15/2023

    12,254  
    1,770    

7.50%, 12/15/2023

    1,774  
    7,558    

7.50%, 02/15/2024

    7,723  
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  164  

 


Hartford U.S. Government Securities HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 39.5% - (continued)  
            Mortgage-Backed Agencies - 39.5% - (continued)  
            GNMA - 3.4% - (continued)  
  $       147    

7.50%, 05/15/2024

  $ 155  
    37,533    

7.50%, 07/15/2027

    40,034  
    34,384    

7.50%, 04/20/2030

    39,346  
    18    

8.50%, 09/15/2019

    18  
    8,139    

8.50%, 09/15/2024

    8,763  
    976    

8.50%, 06/15/2029

    1,005  
    54    

8.50%, 09/15/2029

    54  
    3,595    

8.50%, 10/15/2029

    3,684  
    2,332    

8.50%, 01/15/2030

    2,576  
    8,033    

8.50%, 02/15/2030

    8,089  
    868    

8.50%, 03/15/2030

    910  
     

 

 

 
      12,760,519  
     

 

 

 
      145,872,099  
     

 

 

 
   

Total U.S. Government Agencies
(cost $148,008,835)

  $ 145,872,099  
     

 

 

 
     
U.S. GOVERNMENT SECURITIES - 40.6%  
            Other Direct Federal Obligations - 19.5%  
            FHLB - 1.3%  
  $       4,825,000    

1.88%, 08/01/2019

  $ 4,793,763  
     

 

 

 
      4,793,763  
     

 

 

 
            FHLMC - 18.2%  
    68,450,000    

1.38%, 05/01/2020

    67,041,231  
     

 

 

 
      67,041,231  
     

 

 

 
      71,834,994  
     

 

 

 
            U.S. Treasury Securities - 21.1%  
            U.S. Treasury Notes - 21.1%  
    25,891,499    

0.63%, 01/15/2026(8)

    25,750,643  
    10,299,000    

1.88%, 07/31/2022

    9,970,317  
    4,303,000    

2.25%, 11/15/2024

    4,163,489  
    34,550,000    

2.75%, 11/15/2023

    34,536,504  
    3,525,000    

2.88%, 05/31/2025

    3,538,494  
     

 

 

 
      77,959,447  
     

 

 

 
      77,959,447  
     

 

 

 
   

Total U.S. Government Securities
(cost $152,024,170)

  $ 149,794,441  
     

 

 

 
   

Total Long-Term Investments
(cost $370,802,696)

  $ 366,157,260  
     

 

 

 
     
Shares or Principal Amount   Market Value  
SHORT-TERM INVESTMENTS - 4.7%  
            Other Investment Pools & Funds - 4.7%  
    17,245,611    

Fidelity Institutional Government Fund, Institutional Class,
1.80%(9)

  $ 17,245,611  
     

 

 

 
   

Total Short-Term Investments
(cost $17,245,611)

  $ 17,245,611  
     

 

 

 
   

Total Investments
(cost $388,048,307)

    103.9    $ 383,402,871  
   

Other Assets and Liabilities

    (3.9 )%       (14,368,454
     

 

 

    

 

 

 
   

Total Net Assets

    100.0    $ 369,034,417  
     

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  165  

 


Hartford U.S. Government Securities HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note:

Percentage of investments as shown is the ratio of the total market value to total net assets.

 

    

The Fund may refer to any one or more of the industry classifications used by one or more widely recognized market indices, ratings group and/or as defined by Fund management. Industry classifications may not be identical across all security types.

 

    

For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

(1) 

Securities issued within terms of a private placement memorandum and exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold to qualified institutional buyers. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2018, the aggregate value of these securities was $53,719,687, which represented 14.6% of total net assets.

 

(2) 

Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2018.

 

(3) 

Variable or floating rate security, which interest rate adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. Rate shown is the rate in effect as of period end.

 

(4) 

This security, or a portion of this security, was purchased on a when-issued, delayed-delivery or delayed-draw basis. The cost of these securities was $16,726,544 at June 30, 2018.

 

(5) 

Securities disclosed are interest-only strips.

 

(6) 

Represents or includes a TBA transaction.

 

(7) 

These securities pay no principal or interest during their initial accrual period, but accrue additional principal at a specified coupon rate.

 

(8) 

The principal amount for this security is adjusted for inflation and the interest payments equal a fixed percentage of the inflation-adjusted principal amount.

 

(9) 

Current yield as of period end.

 

Futures Contracts Outstanding at June 30, 2018  

Description

   Number of
Contracts
     Expiration
Date
     Current
Notional
Amount
     Value and
Unrealized
Appreciation/
(Depreciation)
 

Long position contracts:

           

U.S. Treasury 5-Year Note Future

     434        09/28/2018      $ 49,309,860      $ 127,141  

U.S. Treasury 10-Year Ultra Bond Future

     192        09/19/2018        24,621,000        306,695  

U.S. Treasury Long Bond Future

     5        09/19/2018        725,000        5,303  

U.S. Treasury Ultra Bond Future

     30        09/19/2018        4,786,875        121,820  
           

 

 

 

Total

 

   $ 560,959  
           

 

 

 

Short position contracts:

           

U.S. Treasury 2-Year Note Future

     63        09/28/2018      $     13,345,172      $ (7,989

U.S. Treasury 10-Year Note Future

     113        09/19/2018        13,581,188        (29,243
           

 

 

 

Total

 

   $ (37,232
           

 

 

 

Total futures contracts

 

   $     523,727  
           

 

 

 

 

Centrally Cleared Interest Rate Swap Contracts Outstanding at June 30, 2018  

Payments made
by Fund

  

Payments received
by Fund

   Notional
Amount
     Expiration
Date
     Periodic
Payment
Frequency
     Upfront
Premiums
Paid
     Upfront
Premiums
Received
    Value     Unrealized
Appreciation/
(Depreciation)
 

12 Mo. Federal Funds Rate

   2.50% Fixed      USD        12,500,000        03/01/28        Annual      $ 40,115      $     $ 8,452     $ (31,663

2.95% Fixed

   3 Mo. USD LIBOR      USD        6,201,000        06/18/23        Semi-Annual                     (27,434     (27,434

3 Mo. USD LIBOR

   3.00% Fixed      USD        10,975,000        04/30/25        Semi-Annual               (88     (51,725     (51,637

3 Mo. USD LIBOR

   2.25% Fixed      USD        7,750,000        03/21/28        Quarterly        86,866              490,207       403,341  
                 

 

 

    

 

 

   

 

 

   

 

 

 

Total

 

         $     126,981      $     (88   $     419,500     $     292,607  
                 

 

 

    

 

 

   

 

 

   

 

 

 

 

See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

The accompanying notes are an integral part of these financial statements.

 

 

  166  

 


Hartford U.S. Government Securities HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Counterparty Abbreviations:

GSC

   Goldman Sachs & Co.
Other Abbreviations:

CLO

   Collateralized Loan Obligation

CMO

   Collateralized Mortgage Obligation

FHLB

   Federal Home Loan Bank

FHLMC

   Federal Home Loan Mortgage Corp.

FNMA

   Federal National Mortgage Association

GNMA

   Government National Mortgage Association

LIBOR

   London Interbank Offered Rate

TBA

   To Be Announced
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  167  

 


Hartford U.S. Government Securities HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total     Level 1(1)     Level 2(1)     Level 3(1)  

Assets

        

Asset & Commercial Mortgage Backed Securities

   $ 70,490,720     $     $ 70,490,720     $     —  

U.S. Government Agencies

         145,872,099                 145,872,099        

U.S. Government Securities

     149,794,441             149,794,441        

Short-Term Investments

     17,245,611           17,245,611              

Futures Contracts(2)

     560,959       560,959              

Swaps - Interest Rate(2)

     403,341             403,341        
  

 

 

   

 

 

   

 

 

   

 

 

 

Total

   $ 384,367,171     $ 17,806,570     $ 366,560,601     $  
  

 

 

   

 

 

   

 

 

   

 

 

 

Liabilities

        

Futures Contracts(2)

   $ (37,232   $ (37,232   $     $  

Swaps - Interest Rate(2)

     (110,734           (110,734      
  

 

 

   

 

 

   

 

 

   

 

 

 

Total

   $ (147,966   $ (37,232   $ (110,734   $  
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(1)  For the six-month period ended June 30, 2018, there were no transfers between any levels.

 

(2)  Derivative instruments (excluding purchased and written options, if applicable) are valued at the unrealized appreciation/(depreciation) on the investments.

 

The accompanying notes are an integral part of these financial statements.

 

 

  168  

 


Hartford Value HLS Fund

Schedule of Investments

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.5%  
      Banks - 16.0%  
  440,480    

Bank of America Corp.

  $ 12,417,131  
  186,965    

Citigroup, Inc.

    12,511,698  
  213,702    

JP Morgan Chase & Co.

    22,267,748  
  39,870    

M&T Bank Corp.

    6,783,881  
  84,400    

PNC Financial Services Group, Inc.

    11,402,440  
  216,675    

Wells Fargo & Co.

    12,012,462  
   

 

 

 
      77,395,360  
   

 

 

 
      Capital Goods - 6.7%  
  41,210    

Caterpillar, Inc.

    5,590,961  
  99,735    

Eaton Corp. plc

    7,454,194  
  96,060    

Fortune Brands Home & Security, Inc.

    5,157,461  
  80,535    

Ingersoll-Rand plc

    7,226,406  
  58,000    

United Technologies Corp.

    7,251,740  
   

 

 

 
      32,680,762  
   

 

 

 
      Consumer Durables & Apparel - 1.5%  
  119,120    

Newell Brands, Inc.

    3,072,105  
  146,195    

PulteGroup, Inc.

    4,203,106  
   

 

 

 
      7,275,211  
   

 

 

 
      Consumer Services - 1.9%  
  73,273    

Hilton Worldwide Holdings, Inc.

    5,800,291  
  75,150    

Norwegian Cruise Line Holdings Ltd.*

    3,550,837  
   

 

 

 
      9,351,128  
   

 

 

 
      Diversified Financials - 4.2%  
  10,625    

BlackRock, Inc.

    5,302,300  
  24,270    

Goldman Sachs Group, Inc.

    5,353,234  
  193,950    

Invesco Ltd.

    5,151,312  
  49,170    

Nasdaq, Inc.

    4,487,746  
   

 

 

 
      20,294,592  
   

 

 

 
      Energy - 12.4%  
  190,790    

Canadian Natural Resources Ltd.

    6,881,796  
  118,535    

Chevron Corp.

    14,986,380  
  75,740    

EOG Resources, Inc.

    9,424,328  
  76,055    

Exxon Mobil Corp.

    6,292,030  
  134,755    

Halliburton Co.

    6,072,060  
  324,529    

Marathon Oil Corp.

    6,769,675  
  54,030    

Occidental Petroleum Corp.

    4,521,231  
  26,180    

Pioneer Natural Resources Co.

    4,954,303  
   

 

 

 
      59,901,803  
   

 

 

 
      Food & Staples Retailing - 1.2%  
  150,690    

US Foods Holding Corp.*

    5,699,096  
   

 

 

 
      Food, Beverage & Tobacco - 3.8%  
  71,486    

British American Tobacco plc

    3,600,991  
  41,083    

Kraft Heinz Co.

    2,580,834  
  127,940    

Mondelez International, Inc. Class A

    5,245,540  
  84,590    

Philip Morris International, Inc.

    6,829,796  
   

 

 

 
      18,257,161  
   

 

 

 
      Health Care Equipment & Services - 5.3%  
  127,032    

Koninklijke Philips N.V.

    5,382,084  
  90,716    

Medtronic plc

    7,766,197  
  30,835    

UnitedHealth Group, Inc.

    7,565,059  
  45,320    

Zimmer Biomet Holdings, Inc.

    5,050,461  
   

 

 

 
      25,763,801  
   

 

 

 
      Household & Personal Products - 0.9%  
  75,150    

Unilever N.V.

    4,187,358  
   

 

 

 
Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.5% - (continued)  
      Insurance - 5.4%  
  89,045    

American International Group, Inc.

  $ 4,721,166  
  52,100    

Chubb Ltd.

    6,617,742  
  71,220    

Marsh & McLennan Cos., Inc.

    5,837,903  
  101,400    

MetLife, Inc.

    4,421,040  
  41,575    

Principal Financial Group, Inc.

    2,201,396  
  66,215    

Unum Group

    2,449,293  
   

 

 

 
      26,248,540  
   

 

 

 
      Materials - 3.5%  
  112,470    

DowDuPont, Inc.

    7,414,022  
  39,860    

FMC Corp.

    3,555,911  
  116,735    

International Paper Co.

    6,079,559  
   

 

 

 
      17,049,492  
   

 

 

 
      Media - 3.3%  
  68,000    

CBS Corp. Class B

    3,822,960  
  276,170    

Comcast Corp. Class A

    9,061,138  
  100,440    

Viacom, Inc. Class B

    3,029,270  
   

 

 

 
      15,913,368  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 7.9%  
  32,860    

Allergan plc

    5,478,419  
  146,480    

AstraZeneca plc ADR

    5,142,913  
  107,830    

Bristol-Myers Squibb Co.

    5,967,312  
  69,070    

Eli Lilly & Co.

    5,893,743  
  156,410    

Merck & Co., Inc.

    9,494,087  
  27,618    

Roche Holding AG

    6,127,274  
   

 

 

 
      38,103,748  
   

 

 

 
      Real Estate - 1.8%  
  168,850    

Brixmor Property Group, Inc. REIT

    2,943,055  
  181,190    

Park Hotels & Resorts, Inc. REIT

    5,549,850  
   

 

 

 
      8,492,905  
   

 

 

 
      Retailing - 3.8%  
  28,130    

Home Depot, Inc.

    5,488,163  
  78,340    

L Brands, Inc.

    2,889,179  
  239,020    

Qurate Retail, Inc.*

    5,072,005  
  50,040    

TJX Cos., Inc.

    4,762,807  
   

 

 

 
      18,212,154  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 5.4%  
  45,590    

Analog Devices, Inc.

    4,372,993  
  216,960    

Intel Corp.

    10,785,081  
  86,585    

Maxim Integrated Products, Inc.

    5,079,076  
  109,080    

QUALCOMM, Inc.

    6,121,570  
   

 

 

 
      26,358,720  
   

 

 

 
      Software & Services - 1.9%  
  54,640    

Cognizant Technology Solutions Corp. Class A

    4,316,013  
  49,085    

Microsoft Corp.

    4,840,272  
   

 

 

 
      9,156,285  
   

 

 

 
      Technology Hardware & Equipment - 5.1%  
  289,520    

Cisco Systems, Inc.

    12,458,046  
  94,370    

NetApp, Inc.

    7,410,876  
  807,760    

Nokia Oyj ADR(1)

    4,644,620  
   

 

 

 
      24,513,542  
   

 

 

 
      Telecommunication Services - 1.6%  
  153,520    

Verizon Communications, Inc.

    7,723,591  
   

 

 

 
      Transportation - 1.5%  
  52,860    

Union Pacific Corp.

    7,489,205  
   

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  169  

 


Hartford Value HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.5% - (continued)  
      Utilities - 3.4%  
  37,940    

Dominion Energy, Inc.

  $ 2,586,749  
  72,030    

Edison International

    4,557,338  
  98,455    

Eversource Energy

    5,770,448  
  21,635    

NextEra Energy, Inc.

    3,613,694  
   

 

 

 
      16,528,229  
   

 

 

 
 

Total Common Stocks
(cost $358,703,823)

  $ 476,596,051  
   

 

 

 
 

Total Long-Term Investments
(cost $358,703,823)

  $ 476,596,051  
   

 

 

 
SHORT-TERM INVESTMENTS - 1.9%  
      Other Investment Pools & Funds - 1.4%      
  7,018,285    

BlackRock Liquidity Funds TempFund Portfolio,
Institutional Class,
1.84%(2)

  $ 7,018,285  
   

 

 

 
      Securities Lending Collateral - 0.5%      
  116,401    

Citibank NA DDCA,
1.91%, 7/2/2018(2)

    116,401  
  786,279    

Goldman Sachs Financial Square Funds,
Government Institutional Fund,
1.81%(2)

    786,279  
  730,614    

Invesco Government & Agency Portfolio,
1.81%(2)

    730,614  
  215,551    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class,
1.84%(2)

    215,550  
  479,171    

Western Asset Institutional Government
Class A Fund,
1.79%(2)

    479,171  
   

 

 

 
      2,328,015  
   

 

 

 
 

Total Short-Term Investments
(cost $9,346,300)

  $ 9,346,300  
   

 

 

 
 

Total Investments
(cost $368,050,123)

    100.4    $ 485,942,351  
 

Other Assets and Liabilities

    (0.4 )%       (1,968,416
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 483,973,935  
   

 

 

    

 

 

 
 

 

The accompanying notes are an integral part of these financial statements.

 

 

  170  

 


Hartford Value HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Note:

Percentage of investments as shown is the ratio of the total market value to total net assets.

 

    

Prices of foreign equities that are principally traded on certain foreign markets will generally be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

 

    

Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s.

 

    

For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for financial reporting purposes.

 

*

Non-income producing.

 

(1) 

Represents entire or partial securities on loan. See Note 8 in the accompanying Notes to Financial Statements for securities lending information.

 

(2) 

Current yield as of period end.

 

See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of investments.

 

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Other Abbreviations:

ADR

   American Depositary Receipt

DDCA

   Dollars on Deposit in Custody Account

REIT

   Real Estate Investment Trust

 

The accompanying notes are an integral part of these financial statements.

 

 

  171  

 


Hartford Value HLS Fund

Schedule of Investments – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2018 in valuing the Fund’s investments.

 

     Total      Level 1(1)      Level 2(1)      Level 3(1)  

Assets

           

Common Stocks

           

Banks

   $ 77,395,360      $ 77,395,360      $      $  

Capital Goods

     32,680,762        32,680,762                

Consumer Durables & Apparel

     7,275,211        7,275,211                

Consumer Services

     9,351,128        9,351,128                

Diversified Financials

     20,294,592        20,294,592                

Energy

     59,901,803        59,901,803                

Food & Staples Retailing

     5,699,096        5,699,096                

Food, Beverage & Tobacco

     18,257,161        14,656,170        3,600,991         

Health Care Equipment & Services

     25,763,801        20,381,717        5,382,084         

Household & Personal Products

     4,187,358        4,187,358                

Insurance

     26,248,540        26,248,540                

Materials

     17,049,492        17,049,492                

Media

     15,913,368        15,913,368                

Pharmaceuticals, Biotechnology & Life Sciences

     38,103,748        31,976,474        6,127,274         

Real Estate

     8,492,905        8,492,905                

Retailing

     18,212,154        18,212,154                

Semiconductors & Semiconductor Equipment

     26,358,720        26,358,720                

Software & Services

     9,156,285        9,156,285                

Technology Hardware & Equipment

     24,513,542        24,513,542                

Telecommunication Services

     7,723,591        7,723,591                

Transportation

     7,489,205        7,489,205                

Utilities

     16,528,229        16,528,229                

Short-Term Investments

     9,346,300        9,346,300                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     485,942,351      $     470,832,002      $     15,110,349      $     —  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1)  For the six-month period ended June 30, 2018, there were no transfers between any levels.

 

The accompanying notes are an integral part of these financial statements.

 

 

  172  

 


[This page is intentionally left blank]

 

 

  173  

 


Hartford HLS Funds

Statements of Assets and Liabilities

June 30, 2018 (Unaudited)

 

 

 

         
Hartford
Balanced HLS
Fund
     Hartford
Capital Appreciation
HLS Fund
     Hartford
Disciplined Equity
HLS Fund
 

Assets:

        

Investments in securities, at market value(1)

   $     2,208,470,333      $     4,795,858,164      $ 661,859,196  

Foreign currency

            494,251         

Unrealized appreciation on foreign currency contracts

            92,380         

Receivables:

        

Investment securities sold

            32,259,877        985,646  

Fund shares sold

     35,107        275,962        2,631  

Dividends and interest

     7,311,270        5,394,675        459,786  

Securities lending income

     45,404        43,380         

Tax reclaims

     815,183        1,216,497         

Variation margin on futures contracts

            2,606,382         

Other assets

     4,301        616        10,471  
  

 

 

    

 

 

    

 

 

 

Total assets

     2,216,681,598        4,838,242,184        663,317,730  
  

 

 

    

 

 

    

 

 

 

Liabilities:

        

Unrealized depreciation on foreign currency contracts

                    

Bank overdraft

     1,165                

Obligation to return securities lending collateral

     2,943,973        18,971,506         

Cash collateral due to broker on futures contracts

                   39  

Payables:

        

Investment securities purchased

     241,662        37,961,143         

Fund shares redeemed

     1,036,892        2,603,351        216,263  

Investment management fees

     1,093,477        2,568,175        405,418  

Transfer agent fees

     1,265        1,896        1,238  

Accounting services fees

     33,233        67,642        7,769  

Board of Directors’ fees

     14,611        32,208        4,232  

Variation margin on futures contracts

     8,004                

Distribution fees

     8,901        18,849        2,748  

Accrued expenses

     235,134        551,396        147,175  
  

 

 

    

 

 

    

 

 

 

Total liabilities

     5,618,317        62,776,166        784,882  
  

 

 

    

 

 

    

 

 

 

Net assets

   $ 2,211,063,281      $ 4,775,466,018      $ 662,532,848  
  

 

 

    

 

 

    

 

 

 

Summary of Net Assets:

        

Capital stock and paid-in-capital

   $ 1,603,590,486      $ 3,593,149,036      $ 391,757,953  

Undistributed (distributions in excess of) net investment income

     23,543,663        28,088,762        2,666,626  

Accumulated net realized gain (loss)

     189,183,113        757,883,264        100,832,830  

Unrealized appreciation (depreciation) of investments and the translation of assets and liabilities denominated in foreign currency

     394,746,019        396,344,956        167,275,439  
  

 

 

    

 

 

    

 

 

 

Net assets

   $ 2,211,063,281      $ 4,775,466,018      $ 662,532,848  
  

 

 

    

 

 

    

 

 

 

Shares authorized

     9,700,000,000        5,450,000,000            3,500,000,000  
  

 

 

    

 

 

    

 

 

 

Par value

   $ 0.0010      $ 0.0010      $ 0.0010  
  

 

 

    

 

 

    

 

 

 

Class IA:   Net asset value per share

   $ 31.09      $ 49.73      $ 16.00  
  

 

 

    

 

 

    

 

 

 

         Shares outstanding

     62,742,969        84,969,193        36,387,739  
  

 

 

    

 

 

    

 

 

 

         Net Assets

   $ 1,950,595,189      $ 4,225,369,186      $ 582,370,215  
  

 

 

    

 

 

    

 

 

 

Class IB:   Net asset value per share

   $ 31.51      $ 48.97      $ 15.82  
  

 

 

    

 

 

    

 

 

 

         Shares outstanding

     8,266,978        10,611,491        5,067,666  
  

 

 

    

 

 

    

 

 

 

         Net Assets

   $ 260,468,092      $ 519,647,347      $ 80,162,633  
  

 

 

    

 

 

    

 

 

 

Class IC:   Net asset value per share

   $      $ 49.20      $  
  

 

 

    

 

 

    

 

 

 

         Shares outstanding

            618,874         
  

 

 

    

 

 

    

 

 

 

         Net Assets

   $      $ 30,449,485      $  
  

 

 

    

 

 

    

 

 

 

Cost of investments

   $ 1,813,850,293      $ 4,398,917,151      $ 494,583,757  

Cost of foreign currency

   $      $ 491,990      $  

(1) Includes Investment in securities on loan, at value

   $ 2,891,187      $ 18,582,748      $  

 

The accompanying notes are an integral part of these financial statements.

 

 

  174  

 


Hartford HLS Funds

Statements of Assets and Liabilities – (continued)

June 30, 2018 (Unaudited)

 

 

 

Hartford
Dividend and
Growth HLS
Fund
    Hartford
Global Growth
HLS Fund
    Hartford
Growth Opportunities
HLS Fund
    Hartford
Healthcare HLS
Fund
    Hartford
High Yield
HLS Fund
    Hartford
International
Opportunities
HLS Fund
    Hartford
MidCap HLS
Fund
 
           
$ 3,338,440,147     $ 540,614,948     $ 1,678,684,631     $ 342,135,931     $ 274,325,339     $ 1,445,561,203     $ 2,311,073,218  
        163,056             12,225             4,152,243        
                          183              
           
  18,945,430       291,033       28,019             2,949,408       5,721,954       1,688,452  
  48,729       41,664       205,069       192,216       6,372       789,483       3,059,124  
  3,790,494       408,727       579,355       112,590       4,213,205       2,852,062       1,078,965  
  2,108       833       45,126       16,417             27,186       9,083  
  624,887       593,216       164,571       24,937             3,423,332        
                                       
  4,973       10,917       14,797       9,999       11,827       9,902       10,930  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  3,361,856,768       542,124,394       1,679,721,568       342,504,315       281,506,334       1,462,537,365       2,316,919,772  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
           
                          21,009              
                                       
        1,373,757       44,965,898       12,622,214             323,163       14,777,089  
                                       
           
  6,824,228       1,053,783       702,095       1,471,297       4,195,705       3,108,761       1,602,978  
  1,279,060       145,189       461,891       35,085       101,372       2,902,682       295,327  
  1,823,306       336,457       830,406       230,507       161,047       853,840       1,298,439  
  1,346       1,239       1,831       1,266       1,182       1,641       1,810  
  39,316       6,339       24,666       3,854       3,221       17,515       27,474  
  21,777       2,969       8,848       2,171       1,957       8,888       12,107  
                                       
  13,908       2,975       6,833       1,459       2,258       5,041       1,999  
  324,770       128,249       268,287       38,383       95,724       265,255       93,641  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  10,327,711       3,050,957       47,270,755       14,406,236       4,583,475       7,486,786       18,110,864  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 3,351,529,057     $ 539,073,437     $ 1,632,450,813     $ 328,098,079     $ 276,922,859     $ 1,455,050,579     $ 2,298,808,908  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
           
$ 1,854,804,310     $ 312,930,814     $ 946,373,192     $ 235,247,543     $ 274,589,513     $ 1,273,521,583     $ 1,341,214,798  
  35,731,762       3,985,503       (2,447,104     (134,175     24,118,870       43,790,722       (709,631
  558,113,065       76,605,051       402,803,311       27,569,842       (13,695,077     79,265,460       335,742,782  

 

902,879,920

 

    145,552,069       285,721,414       65,414,869       (8,090,447     58,472,814       622,560,959  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 3,351,529,057     $ 539,073,437     $ 1,632,450,813     $ 328,098,079     $ 276,922,859     $ 1,455,050,579     $ 2,298,808,908  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  4,200,000,000           3,600,000,000       900,000,000       800,000,000           2,800,000,000       2,825,000,000       2,600,000,000  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 0.0010     $ 0.0010     $ 0.0010     $ 0.0010     $ 0.0010     $ 0.0010     $ 0.0010  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 23.81     $ 30.09     $ 44.09     $ 23.73     $ 8.16     $ 16.85     $ 43.11  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  123,739,601       15,014,684       32,498,837       12,037,201       25,884,067       77,574,521       51,969,039  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 2,945,795,863     $ 451,787,262     $ 1,432,965,869     $ 285,645,457     $ 211,095,207     $ 1,306,992,178     $ 2,240,565,052  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 23.67     $ 29.77     $ 42.31     $ 22.53     $ 8.01     $ 17.04     $ 42.07  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  17,139,290       2,931,974       3,800,121       1,884,385       8,220,264       8,690,560       1,384,307  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 405,733,194     $ 87,286,175     $ 160,792,633     $ 42,452,622     $ 65,827,652     $ 148,058,401     $ 58,243,856  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$     $     $ 43.17     $     $     $     $  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
              896,210                          

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$     $     $ 38,692,311     $     $     $     $  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$     2,435,560,692     $ 395,044,308     $     1,392,952,491     $     276,720,312     $ 282,389,632     $     1,387,022,723     $     1,688,512,259  
$     $ 163,762     $     $ 12,248     $     $ 4,150,551     $  
$     $ 1,347,988     $ 43,764,332     $ 12,302,156     $     $ 307,775     $ 14,390,331  

 

The accompanying notes are an integral part of these financial statements.

 

 

  175  

 


Hartford HLS Funds

Statements of Assets and Liabilities – (continued)

June 30, 2018 (Unaudited)

 

 

 

     Hartford
MidCap Value
HLS Fund
     Hartford
Small Cap Growth
HLS Fund
     Hartford
Small Company
HLS Fund
 

Assets:

 

Investments in securities, at market value(1)

   $ 355,539,238      $ 1,439,943,167      $ 652,614,687  

Cash

                    

Cash collateral due from broker on swap contracts

                    

Foreign currency

     320,557               5  

Unrealized appreciation on OTC swap contracts

                    

Unrealized appreciation on foreign currency contracts

                    

Receivables:

 

Investment securities sold

     740,090        36,794,283        7,147,918  

Fund shares sold

     9,983        688,068        303,275  

Dividends and interest

     443,714        557,496        143,962  

Securities lending income

     1,680        21,867        8,602  

Tax reclaims

     10,645                

Variation margin on centrally cleared swap contracts

                    

OTC swap contracts premiums paid

                    

Other assets

     11,940        11,980        11,972  
  

 

 

    

 

 

    

 

 

 

Total assets

     357,077,847        1,478,016,861        660,230,421  
  

 

 

    

 

 

    

 

 

 

Liabilities:

 

Bank overdraft

            941,658         

Unrealized depreciation on foreign currency contracts

                    

Obligation to return securities lending collateral

     3,938,076        51,156,426        11,282,564  

Unrealized depreciation on OTC Swap contracts

                    

TBA sale commitments, at market value

                    

Unfunded loan commitments

                    

Payables:

 

Investment securities purchased

     780,463        10,994,889        4,891,515  

Fund shares redeemed

     93,599        25,124,809        108,387  

Investment management fees

     234,945        717,996        400,015  

Transfer agent fees

     1,155        1,784        1,330  

Accounting services fees

     4,112        21,293        9,845  

Board of Directors’ fees

     2,283        7,835        4,246  

Variation margin on centrally cleared swap contracts

                    

Variation margin on futures contracts

                    

Distribution fees

     2,803        13,649        2,034  

Accrued expenses

     82,437        119,171        106,839  

OTC swap contracts premiums received

                    
  

 

 

    

 

 

    

 

 

 

Total liabilities

     5,139,873        89,099,510        16,806,775  
  

 

 

    

 

 

    

 

 

 

Net assets

   $ 351,937,974      $ 1,388,917,351      $ 643,423,646  
  

 

 

    

 

 

    

 

 

 

Summary of Net Assets:

 

Capital stock and paid-in-capital

   $ 239,872,492      $ 904,693,153      $ 414,118,559  

Undistributed (distributions in excess of) net investment income

     2,222,149        240,506        (1,177,871

Accumulated net realized gain (loss)

     52,222,843        220,206,193        113,017,798  

Unrealized appreciation (depreciation) of investments and the translation of assets and liabilities denominated in foreign currency

     57,620,490        263,777,499        117,465,160  
  

 

 

    

 

 

    

 

 

 

Net assets

   $ 351,937,974      $     1,388,917,351      $ 643,423,646  
  

 

 

    

 

 

    

 

 

 

Shares authorized

         1,200,000,000        700,000,000            1,500,000,000  
  

 

 

    

 

 

    

 

 

 

Par value

   $ 0.0010      $ 0.0010      $ 0.0010  
  

 

 

    

 

 

    

 

 

 

Class IA:   Net asset value per share

   $ 12.70      $ 34.93      $ 23.04  
  

 

 

    

 

 

    

 

 

 

         Shares outstanding

     21,276,550        29,095,781        25,356,422  
  

 

 

    

 

 

    

 

 

 

         Net Assets

   $ 270,227,047      $ 1,016,227,062      $ 584,242,864  
  

 

 

    

 

 

    

 

 

 

Class IB:   Net asset value per share

   $ 12.59      $ 33.97      $ 21.38  
  

 

 

    

 

 

    

 

 

 

         Shares outstanding

     6,492,595        10,972,089        2,768,119  
  

 

 

    

 

 

    

 

 

 

         Net Assets

   $ 81,710,927      $ 372,690,289      $ 59,180,782  
  

 

 

    

 

 

    

 

 

 

Cost of investments

   $ 297,912,097      $ 1,176,165,668      $ 535,149,527  

Cost of foreign currency

   $ 325,847      $      $ 5  

Proceeds of TBA sale commitments

   $      $      $  

(1) Includes Investment in securities on loan, at value

   $ 3,862,865      $ 49,968,235      $ 11,026,358  

 

The accompanying notes are an integral part of these financial statements.

 

 

  176  

 


Hartford HLS Funds

Statements of Assets and Liabilities – (continued)

June 30, 2018 (Unaudited)

 

 

 

Hartford
Small/Mid Cap
Equity HLS Fund
    Hartford
Stock HLS Fund
    Hartford
Total Return Bond
HLS Fund
    Hartford
Ultrashort Bond
HLS Fund
    Hartford
U.S. Government
Securities HLS
Fund
    Hartford
Value HLS Fund
 
         
$ 95,921,526     $ 1,446,276,560     $ 3,031,025,967     $ 502,841,821     $ 383,402,871     $ 485,942,351  
              139,853                    
              382,000                    
        167,699       127,809                    
              1,625,976                    
              148,902                    
         
              377,166,947             5,075,391       2,396,603  
  1,539       9,695       523,467       537,387       5,603       70,062  
  141,704       1,765,718       12,911,535       1,513,958       1,285,697       645,668  
  1,294             6,021                   7,732  
        918,829       12,084       908             253,186  
                          1,427,927        
              1,758,448                    
  15,808       6,745       6,577       10,970       16,488       13,505  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  96,081,871       1,449,145,246       3,425,835,586       504,905,044       391,213,977       489,329,107  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
         
                    66              
              258,124                    
  1,130,610             10,509,326                   2,328,015  
              2,858,292                    
              301,667,083                    
              26,420                    
         
              867,870,788       1,189,990       21,798,026       2,485,999  
  10,631       741,711       762,626       76,757       120,170       163,572  
  63,655       579,205       863,858       164,871       136,946       268,728  
  1,126       1,211       1,296       1,238       1,181       1,275  
  1,114       16,901       33,116       5,770       4,261       5,643  
  607       9,335       15,221       3,478       2,662       3,243  
              109,671                    
              68,078             9,945        
  487       4,535       7,887       2,148       2,217       2,367  
  35,201       202,895       317,096       106,060       104,152       96,330  
              9,940,274                    

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  1,243,431       1,555,793       1,195,309,156       1,550,378       22,179,560       5,355,172  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 94,838,440     $ 1,447,589,453     $ 2,230,526,430     $ 503,354,666     $ 369,034,417     $ 483,973,935  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
         
$ 63,537,034     $ 1,059,567,346     $ 2,153,299,915     $ 495,601,390     $ 450,281,628     $ 302,997,865  
  1,351,360       12,129,651       125,535,139       9,369,878       12,335,704       4,495,842  
  17,287,234       61,760,816       (14,339,267     (694,325     (89,753,813     58,593,261  

 

12,662,812

 

    314,131,640       (33,969,357     (922,277     (3,829,102     117,886,967  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 94,838,440     $     1,447,589,453     $     2,230,526,430     $ 503,354,666     $     369,034,417     $     483,973,935  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
      900,000,000       4,200,000,000       5,000,000,000           14,000,000,000       700,000,000       800,000,000  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 0.0010     $ 0.0010     $ 0.0010     $ 0.0010     $ 0.0010     $ 0.0010  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 9.17     $ 81.11     $ 11.15     $ 10.12     $ 10.16     $ 15.86  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  8,805,423       16,212,468       179,370,065       43,550,434       29,947,402       26,147,836  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 80,745,881     $ 1,314,951,679     $ 2,000,366,474     $ 440,723,304     $ 304,330,658     $ 414,685,505  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 9.10     $ 80.98     $ 11.08     $ 10.10     $ 10.13     $ 15.82  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  1,548,237       1,637,911       20,776,063       6,202,999       6,384,936       4,379,898  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 14,092,559     $ 132,637,774     $ 230,159,956     $ 62,631,362     $ 64,703,759     $ 69,288,430  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 83,258,714     $ 1,132,114,351     $ 3,068,436,515     $ 503,764,098     $ 388,048,307     $ 368,050,123  
$     $ 166,201     $ 153,152     $     $     $  
$     $     $ 300,475,937     $     $     $  
$ 1,102,803     $     $ 10,317,843     $     $     $ 2,221,761  

 

The accompanying notes are an integral part of these financial statements.

 

 

  177  

 


Hartford HLS Funds

Statements of Operations

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

 

 

     Hartford
Balanced HLS
Fund
    Hartford
Capital Appreciation
HLS Fund
        
Hartford
Disciplined Equity
HLS Fund
 

Investment Income:

 

Dividends

   $ 17,817,759     $ 42,354,294     $ 4,896,657  

Interest

     12,661,890       307,457       25,519  

Securities lending

     49,282       242,509        

Less: Foreign tax withheld

     (430,379     (838,417      
  

 

 

   

 

 

   

 

 

 

Total investment income, net

     30,098,552       42,065,843       4,922,176  
  

 

 

   

 

 

   

 

 

 

Expenses:

      

Investment management fees

     7,099,492       15,718,828       2,475,535  

Administrative services fees

      

Class IC

           37,741        

Transfer agent fees

      

Class IA

     2,376       3,515       2,286  

Class IB

     316       437       315  

Class IC

           25        

Distribution fees

      

Class IB

     335,369       674,146       102,793  

Class IC

           37,741        

Custodian fees

     9,490       93,912       1,721  

Registration and filing fees

     16,847       22,640       16,311  

Accounting services fees

     205,586       413,195       47,488  

Board of Directors’ fees

     33,230       71,429       9,777  

Audit fees

     20,393       19,366       14,317  

Other expenses

     150,288       300,966       75,496  
  

 

 

   

 

 

   

 

 

 

Total expenses (before waivers and fees paid indirectly)

     7,873,387       17,393,941       2,746,039  
  

 

 

   

 

 

   

 

 

 

Management fee waivers

     (342,643            

Commission recapture

     (708     (20,257     (271
  

 

 

   

 

 

   

 

 

 

Total waivers and fees paid indirectly

     (343,351     (20,257     (271
  

 

 

   

 

 

   

 

 

 

Total expenses, net

     7,530,036       17,373,684       2,745,768  
  

 

 

   

 

 

   

 

 

 

Net Investment Income (Loss)

     22,568,516       24,692,159       2,176,408  
  

 

 

   

 

 

   

 

 

 

Net Realized Gain (Loss) on Investments, Other Financial Instruments and Foreign Currency Transactions:

      

Net realized gain (loss) on investments

     108,058,873       391,382,861       41,749,206  

Net realized gain (loss) on futures contracts

     1,479,444              

Net realized gain (loss) on foreign currency contracts

           (18,367      

Net realized gain (loss) on other foreign currency transactions

     (9,632     (280,333      
  

 

 

   

 

 

   

 

 

 

Net Realized Gain (Loss) on Investments, Other Financial Instruments and Foreign Currency Transactions

     109,528,685       391,084,161       41,749,206  
  

 

 

   

 

 

   

 

 

 

Net Changes in Unrealized Appreciation (Depreciation) of Investments, Other Financial Instruments and Foreign Currency Transactions:

      

Net unrealized appreciation (depreciation) of investments

     (126,984,058     (253,788,989     (18,705,188

Net unrealized appreciation (depreciation) of futures contracts

     (41,147     (625,396      

Net unrealized appreciation (depreciation) of foreign currency contracts

           322,583        

Net unrealized appreciation (depreciation) of translation of other assets and liabilities in foreign currencies

     (11,716     (36,918      
  

 

 

   

 

 

   

 

 

 

Net Changes in Unrealized Appreciation (Depreciation) of Investments, Other Financial Instruments and Foreign Currency Transactions

         (127,036,921         (254,128,720         (18,705,188
  

 

 

   

 

 

   

 

 

 

Net Gain (Loss) on Investments, Other Financial Instruments and Foreign Currency Transactions

     (17,508,236     136,955,441       23,044,018  
  

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

   $ 5,060,280     $ 161,647,600     $ 25,220,426  
  

 

 

   

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

  178  

 


Hartford HLS Funds

Statements of Operations – (continued)

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

 

 

Hartford
Dividend and
Growth HLS
Fund
    Hartford
Global Growth
HLS Fund
    Hartford
Growth Opportunities
HLS Fund
    Hartford
Healthcare HLS
Fund
    Hartford
High Yield
HLS Fund
    Hartford
International
Opportunities
HLS Fund
    Hartford
MidCap HLS
Fund
 
           
$ 43,999,269     $ 3,975,483     $ 3,890,446     $ 1,473,573     $ 19,782     $ 24,871,136     $ 7,430,673  
  387,706       41,560       66,745       47,696       8,799,953       234,567       22,784  
  15,630       16,526       168,802       27,625             85,263       43,366  
  (509,545     (250,133     (9,253     (22,259           (2,491,647     (67,126

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  43,893,060       3,783,436       4,116,740       1,526,635       8,819,735       22,699,319       7,429,697  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
           
  11,253,245       2,008,909       4,746,911       1,387,988       1,004,666       5,339,968       7,546,617  
           
              45,301                          
           
  2,496       2,197       3,392       2,322       1,898       3,192       3,932  
  344       424       381       352       590       359       103  
              89                          
           
  525,716       109,277       192,973       54,586       85,161       198,625       72,670  
              45,301                          
  7,656       8,045       15,802       1,954       2,126       55,130       4,666  
  16,831       16,305       22,657       15,997       15,807       18,572       24,092  
  242,417       37,809       140,920       23,205       20,093       109,896       159,325  
  50,635       7,435       21,547       4,795       4,248       22,319       30,818  
  13,797       20,997       11,816       18,021       20,790       24,635       14,102  
  217,375       59,232       142,096       16,197       41,138       132,491       87,966  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  12,330,512       2,270,630       5,389,186       1,525,417       1,196,517       5,905,187       7,944,291  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
                                       
  (7,516     (144     (8,434     (208           (10,938     (6,200

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  (7,516     (144     (8,434     (208           (10,938     (6,200

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  12,322,996       2,270,486       5,380,752       1,525,209       1,196,517       5,894,249       7,938,091  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  31,570,064       1,512,950       (1,264,012     1,426       7,623,218       16,805,070       (508,394

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
           
  203,248,013       33,138,192       201,349,876       12,948,519       1,858,652       85,510,606       137,870,892  
                                       
                          152,096              
  15,017       26,385       (7,123     (1,402     1,761       (386,568     (171

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
 
    
203,263,030

 
    33,164,577       201,342,753       12,947,117       2,012,509       85,124,038       137,870,721  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
           
  (254,723,556     5,705,569       16,188,853       5,431,207       (11,257,504     (153,971,505     28,155,144  
                                       
                          39,717              
  (9,870     (16,660     (2,378     (501     (6,351     (89,531      

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
 

    (254,733,426

    5,688,909       16,186,475       5,430,706           (11,224,138         (154,061,036     28,155,144  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  (51,470,396         38,853,486           217,529,228           18,377,823       (9,211,629     (68,936,998         166,025,865  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ (19,900,332   $ 40,366,436     $ 216,265,216     $ 18,379,249     $ (1,588,411   $ (52,131,928   $ 165,517,471  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

  179  

 


Hartford HLS Funds

Statements of Operations – (continued)

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

 

 

         
Hartford
MidCap Value
HLS Fund
    Hartford
Small Cap Growth
HLS Fund
    Hartford
Small Company
HLS Fund
 

Investment Income:

 

Dividends

   $ 2,575,849     $ 4,882,691     $ 1,265,634  

Interest

     36,101       141,964       48,202  

Securities lending

     41,976       67,561       25,368  

Less: Foreign tax withheld

     (24,569     (1,828      
  

 

 

   

 

 

   

 

 

 

Total investment income, net

     2,629,357       5,090,388       1,339,204  
  

 

 

   

 

 

   

 

 

 

Expenses:

 

Investment management fees

     1,438,001       4,125,228       2,288,302  

Transfer agent fees

 

Class IA

     1,868       2,592       2,440  

Class IB

     564       1,012       246  

Distribution fees

 

Class IB

     104,267       476,900       71,437  

Custodian fees

     3,197       3,122       5,032  

Registration and filing fees

     16,304       18,280       17,212  

Accounting services fees

     25,165       122,269       56,063  

Board of Directors’ fees

     5,233       18,886       8,812  

Audit fees

     14,420       11,699       17,859  

Other expenses

     38,441       72,787       56,121  
  

 

 

   

 

 

   

 

 

 

Total expenses (before waivers and fees paid indirectly)

     1,647,460       4,852,775       2,523,524  
  

 

 

   

 

 

   

 

 

 

Commission recapture

     (2,666     (2,893     (6,449
  

 

 

   

 

 

   

 

 

 

Total waivers and fees paid indirectly

     (2,666     (2,893     (6,449
  

 

 

   

 

 

   

 

 

 

Total expenses, net

     1,644,794       4,849,882       2,517,075  
  

 

 

   

 

 

   

 

 

 

Net Investment Income (Loss)

     984,563       240,506       (1,177,871
  

 

 

   

 

 

   

 

 

 

Net Realized Gain (Loss) on Investments, Other Financial Instruments and Foreign Currency Transactions:

 

Net realized gain (loss) on investments

     30,102,741       138,113,835       73,997,860  

Net realized gain (loss) on purchased options contracts

                  

Net realized gain (loss) on futures contracts

                  

Net realized gain (loss) on written options contracts

                  

Net realized gain (loss) on swap contracts

                  

Net realized gain (loss) on foreign currency contracts

                  

Net realized gain (loss) on other foreign currency transactions

     (88,370           1,045  
  

 

 

   

 

 

   

 

 

 

Net Realized Gain (Loss) on Investments, Other Financial Instruments and Foreign Currency Transactions

     30,014,371       138,113,835       73,998,905  
  

 

 

   

 

 

   

 

 

 

Net Changes in Unrealized Appreciation (Depreciation) of Investments, Other Financial Instruments and Foreign Currency Transactions:

      

Net unrealized appreciation (depreciation) of investments

     (28,298,775     (24,481,364     2,539,613  

Net unrealized appreciation (depreciation) of purchased options contracts

                  

Net unrealized appreciation (depreciation) of futures contracts

                  

Net unrealized appreciation (depreciation) of swap contracts

                  

Net unrealized appreciation (depreciation) of foreign currency contracts

                  

Net unrealized appreciation (depreciation) of translation of other assets and liabilities in foreign currencies

     (5,476            
  

 

 

   

 

 

   

 

 

 

Net Changes in Unrealized Appreciation (Depreciation) of Investments, Other Financial Instruments and Foreign Currency Transactions

         (28,304,251     (24,481,364     2,539,613  
  

 

 

   

 

 

   

 

 

 

Net Gain (Loss) on Investments, Other Financial Instruments and Foreign Currency Transactions

     1,710,120           113,632,471           76,538,518  
  

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

   $ 2,694,683     $ 113,872,977     $ 75,360,647  
  

 

 

   

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

  180  

 


Hartford HLS Funds

Statements of Operations – (continued)

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

 

 

Hartford
Small/Mid Cap
Equity HLS Fund
    Hartford
Stock HLS Fund
    Hartford
Total Return Bond
HLS Fund
    Hartford
Ultrashort Bond
HLS Fund
    Hartford
U.S. Government
Securities HLS
Fund
    Hartford
Value HLS Fund
 
         
$ 869,598     $ 15,153,617     $ 49,353     $     $     $ 6,436,105  
  7,715       131,208       42,164,476       5,047,215       4,975,328       47,893  
  3,352             11,615                   10,897  
  (2,081     (58,695           (1,187           (109,158

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  878,584       15,226,130       42,225,444       5,046,028       4,975,328       6,385,737  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
         
  379,231       3,535,680       5,370,215       1,015,125       858,791       1,672,736  
         
  2,016       2,306       2,435       2,279       2,046       2,297  
  360       237       280       326       437       387  
         
  17,941       172,085       295,549       79,520       83,898       90,497  
  425       3,932       18,407       1,404       1,949       1,754  
  16,066       16,330       17,000       16,359       17,617       16,301  
  6,637       103,249       206,130       35,529       26,718       35,177  
  1,389       21,339       33,513       7,409       5,646       7,387  
  11,904       14,143       23,119       20,714       15,819       14,398  
  14,257       120,830       185,719       52,160       47,011       48,961  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  450,226       3,990,131       6,152,367       1,230,825       1,059,932       1,889,895  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
        (181                        

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
        (181                        

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  450,226       3,989,950       6,152,367       1,230,825       1,059,932       1,889,895  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  428,358       11,236,180       36,073,077       3,815,203       3,915,396       4,495,842  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
         
  8,783,808       67,142,150       (7,490,811     (9,235     (2,219,640     19,353,540  
              423,547                    
              (17,370,649           (2,695,576      
              364,271             (96,204      
              1,385,355             1,245,737        
              (1,392,118                  
        (9,810     (125,875                 (5,535

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  8,783,808       67,132,340       (24,206,280     (9,235     (3,765,683     19,348,005  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
         
      (5,456,872         (49,874,215     (56,549,934     (723,944     (3,662,319     (29,469,976
              (455,374                  
              4,075,641             889,450        
              5,172,081             348,902        
              372,472                    
        (16,531     (18,481                 (5,931

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

    (5,456,872

        (49,890,746     (47,403,595     (723,944     (2,423,967     (29,475,907

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  3,326,936       17,241,594       (71,609,875     (733,179     (6,189,650         (10,127,902

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 3,755,294     $ 28,477,774     $     (35,536,798   $     3,082,024     $     (2,274,254   $ (5,632,060

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

  181  

 


Hartford HLS Funds

Statements of Changes in Net Assets

 

 

 

     Hartford Balanced
HLS Fund
 
     For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
 

Operations:

 

Net investment income (loss)

   $ 22,568,516     $ 42,692,836  

Net realized gain (loss) on investments, other financial instruments and foreign currency transactions

     109,528,685       173,385,809  

Net changes in unrealized appreciation (depreciation) of investments, other financial instruments and foreign currency transactions

     (127,036,921     122,002,272  
  

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     5,060,280       338,080,917  
  

 

 

   

 

 

 

Distributions to Shareholders:

 

From net investment income

 

Class IA

           (47,464,119

Class IB

           (5,534,060

Class IC

            
  

 

 

   

 

 

 

Total from net investment income

           (52,998,179
  

 

 

   

 

 

 

From net realized gain on investments

 

Class IA

            

Class IB

            

Class IC

            
  

 

 

   

 

 

 

Total from net realized gain on investments

            
  

 

 

   

 

 

 

Total distributions

           (52,998,179
  

 

 

   

 

 

 

Capital Share Transactions:

 

Sold

     11,029,876       27,191,961  

Issued on reinvestment of distributions

           52,998,179  

Redeemed

     (178,007,913     (311,772,955
  

 

 

   

 

 

 

Net (decrease) from capital share transactions

     (166,978,037     (231,582,815
  

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

     (161,917,757     53,499,923  
  

 

 

   

 

 

 

Net Assets:

 

Beginning of period

     2,372,981,038       2,319,481,115  
  

 

 

   

 

 

 

End of period

   $     2,211,063,281     $     2,372,981,038  
  

 

 

   

 

 

 

Undistributed (distributions in excess of) net investment income

   $ 23,543,663     $ 975,147  
  

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

  182  

 


Hartford HLS Funds

Statements of Changes in Net Assets – (continued)

 

 

 

Hartford Capital Appreciation
HLS Fund
    Hartford Disciplined Equity
HLS Fund
    Hartford Dividend and Growth
HLS Fund
    Hartford Global Growth
HLS Fund
 
For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
    For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
    For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
    For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
 
             
$ 24,692,159     $ 45,424,632     $ 2,176,408     $ 6,623,756     $ 31,570,064     $ 60,240,785     $ 1,512,950     $ 2,465,165  
  391,084,161       641,921,865       41,749,206       66,406,606       203,263,030       372,570,368       33,164,577       43,958,518  
  (254,128,720     340,712,360       (18,705,188     61,943,262       (254,733,426     160,622,809       5,688,909       86,452,802  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  161,647,600       1,028,058,857       25,220,426       134,973,624       (19,900,332     593,433,962       40,366,436       132,876,485  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
             
             
        (47,670,675           (5,455,397           (50,138,723           (2,060,335
        (4,773,231           (551,499           (5,905,716           (217,828
        (188,398                                    

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
        (52,632,304           (6,006,896           (56,044,439           (2,278,163

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
             
        (232,329,918           (63,822,541           (211,321,994           (18,738,294
        (30,241,181           (8,899,981           (29,746,780           (3,764,027
        (1,534,584                                    

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
        (264,105,683           (72,722,522           (241,068,774           (22,502,321

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
        (316,737,987           (78,729,418           (297,113,213           (24,780,484

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
             
  17,313,347       80,762,993       2,402,666       6,573,433       37,203,833       104,640,250       26,422,470       35,466,468  
        316,737,987             78,729,418             297,113,212             24,780,485  
  (460,690,943         (1,186,680,309     (62,504,721         (112,526,090     (285,425,226     (530,411,682     (44,737,990     (71,226,539

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  (443,377,596     (789,179,329     (60,102,055     (27,223,239     (248,221,393     (128,658,220     (18,315,520     (10,979,586

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  (281,729,996     (77,858,459     (34,881,629     29,020,967       (268,121,725     167,662,529       22,050,916       97,116,415  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
             
  5,057,196,014       5,135,054,473       697,414,477       668,393,510       3,619,650,782       3,451,988,253       517,022,521       419,906,106  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$     4,775,466,018     $ 5,057,196,014     $     662,532,848     $ 697,414,477     $     3,351,529,057     $     3,619,650,782     $     539,073,437     $     517,022,521  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 28,088,762     $ 3,396,603     $ 2,666,626     $ 490,218     $ 35,731,762     $ 4,161,698     $ 3,985,503     $ 2,472,553  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

  183  

 


Hartford HLS Funds

Statements of Changes in Net Assets – (continued)

 

 

 

     Hartford Growth Opportunities
HLS Fund
 
     For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
 

Operations:

 

Net investment income (loss)

   $ (1,264,012   $ (2,643,363

Net realized gain (loss) on investments, other financial instruments and foreign currency transactions

     201,342,753       215,967,758  

Net changes in unrealized appreciation (depreciation) of investments, other financial instruments and foreign currency transactions

     16,186,475       164,605,261  
  

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     216,265,216       377,929,656  
  

 

 

   

 

 

 

Distributions to Shareholders:

 

From net investment income

 

Class IA

            

Class IB

            
  

 

 

   

 

 

 

Total from net investment income

            
  

 

 

   

 

 

 

From net realized gain on investments

 

Class IA

           (16,106,762

Class IB

           (1,881,415

Class IC

           (403,653
  

 

 

   

 

 

 

Total from net realized gain on investments

           (18,391,830
  

 

 

   

 

 

 

Total distributions

           (18,391,830
  

 

 

   

 

 

 

Capital Share Transactions:

 

Sold

     19,207,638       46,904,728  

Issued on reinvestment of distributions

           18,391,829  

Redeemed

     (112,467,304     (218,264,877
  

 

 

   

 

 

 

Net increase (decrease) from capital share transactions

     (93,259,666     (152,968,320
  

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

     123,005,550       206,569,506  
  

 

 

   

 

 

 

Net Assets:

 

Beginning of period

     1,509,445,263       1,302,875,757  
  

 

 

   

 

 

 

End of period

   $     1,632,450,813     $     1,509,445,263  
  

 

 

   

 

 

 

Undistributed (distributions in excess of) net investment income

   $ (2,447,104   $ (1,183,092
  

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

  184  

 


Hartford HLS Funds

Statements of Changes in Net Assets – (continued)

 

 

 

Hartford Healthcare
HLS Fund
    Hartford High Yield
HLS Fund
    Hartford International Opportunities
HLS Fund
    Hartford MidCap
HLS Fund
 
For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
    For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
    For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
    For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
 
             
$ 1,426     $ 21,704     $ 7,623,218     $ 16,752,837     $ 16,805,070     $ 20,447,179     $ (508,394   $ 161,392  
  12,947,117       20,678,238       2,012,509       5,132,805       85,124,038       112,396,083       137,870,721       232,241,276  
  5,430,706       42,617,943       (11,224,138     769,720       (154,061,036     178,814,146       28,155,144       210,733,817  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  18,379,249       63,317,885       (1,588,411     22,655,362       (52,131,928     311,657,408       165,517,471       443,136,485  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
             
             
        (3,196           (14,107,895           (19,083,304            
                    (4,345,488           (1,824,269            

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
        (3,196           (18,453,383           (20,907,573            

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
             
        (42,554,097                                   (94,658,887
        (7,184,474                                   (5,084,893
                                             

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
        (49,738,571                                   (99,743,780

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
        (49,741,767           (18,453,383           (20,907,573           (99,743,780

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
             
  14,196,797       47,830,448       6,963,598       16,051,926       88,073,095       238,539,464       166,686,705       371,154,622  
        49,741,767             18,453,383             20,907,573             99,743,781  
  (39,876,168     (66,393,210     (29,942,198     (59,002,412     (161,410,808     (203,781,844     (248,289,309     (413,993,325

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  (25,679,371     31,179,005       (22,978,600     (24,497,103     (73,337,713     55,665,193       (81,602,604     56,905,078  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  (7,300,122     44,755,123       (24,567,011     (20,295,124     (125,469,641     346,415,028       83,914,867       400,297,783  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
             
  335,398,201       290,643,078       301,489,870       321,784,994       1,580,520,220       1,234,105,192       2,214,894,041       1,814,596,258  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$     328,098,079     $     335,398,201     $     276,922,859     $     301,489,870     $     1,455,050,579     $     1,580,520,220     $     2,298,808,908     $     2,214,894,041  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ (134,175   $ (135,601   $ 24,118,870     $ 16,495,652     $ 43,790,722     $ 26,985,652     $ (709,631   $ (201,237

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

  185  

 


Hartford HLS Funds

Statements of Changes in Net Assets – (continued)

 

 

 

     Hartford MidCap Value
HLS Fund
 
     For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
 

Operations:

 

Net investment income (loss)

   $ 984,563     $ 1,239,709  

Net realized gain (loss) on investments and foreign currency transactions

     30,014,371       23,401,263  

Net changes in unrealized appreciation (depreciation) of investments and foreign currency transactions

     (28,304,251     22,239,620  
  

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     2,694,683       46,880,592  
  

 

 

   

 

 

 

Distributions to Shareholders:

 

From net investment income

 

Class IA

           (1,563,056

Class IB

           (264,904
  

 

 

   

 

 

 

Total from net investment income

           (1,827,960
  

 

 

   

 

 

 

From net realized gain on investments

 

Class IA

           (18,745,883

Class IB

           (5,766,845
  

 

 

   

 

 

 

Total from net realized gain on investments

           (24,512,728
  

 

 

   

 

 

 

Total distributions

           (26,340,688
  

 

 

   

 

 

 

Capital Share Transactions:

 

Sold

     1,135,172       6,974,933  

Issued on reinvestment of distributions

           26,340,688  

Redeemed

     (26,729,351     (58,594,091
  

 

 

   

 

 

 

Net (decrease) from capital share transactions

     (25,594,179     (25,278,470
  

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

     (22,899,496     (4,738,566
  

 

 

   

 

 

 

Net Assets:

 

Beginning of period

     374,837,470       379,576,036  
  

 

 

   

 

 

 

End of period

   $     351,937,974     $     374,837,470  
  

 

 

   

 

 

 

Undistributed (distributions in excess of) net investment income

   $ 2,222,149     $ 1,237,586  
  

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

  186  

 


Hartford HLS Funds

Statements of Changes in Net Assets – (continued)

 

 

 

Hartford Small Cap Growth
HLS Fund
    Hartford Small Company
HLS Fund
    Hartford Small/Mid Cap Equity
HLS Fund
    Hartford Stock
HLS Fund
 
For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
    For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
    For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
    For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
 
             
$ 240,506     $ (1,454,879   $ (1,177,871   $ (2,511,265   $ 428,358     $ 857,365     $ 11,236,180     $ 25,878,193  
  138,113,835       99,838,478       73,998,905       136,468,650       8,783,808       8,513,724       67,132,340       127,954,070  
  (24,481,364     137,585,826       2,539,613       35,311,309       (5,456,872     3,773,225       (49,890,746     115,361,860  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  113,872,977       235,969,425       75,360,647       169,268,694       3,755,294       13,144,314       28,477,774       269,194,123  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
             
             
        (446,628                       (703,323           (23,707,000
                                (87,957           (2,111,519

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
        (446,628                       (791,280           (25,818,519

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
             
                                (2,584,547            
                                (462,535            

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
                                (3,047,082            

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
        (446,628                       (3,838,362           (25,818,519

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
             
  93,244,028       341,821,699       26,367,473       35,844,453       2,711,057       6,228,487       4,520,545       7,902,822  
        391,968                         3,838,362             25,818,519  
  (153,231,976     (441,836,449     (66,507,202     (504,062,833         (10,623,648     (25,253,892     (107,024,742     (208,424,356

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  (59,987,948     (99,622,782     (40,139,729         (468,218,380     (7,912,591     (15,187,043     (102,504,197     (174,703,015

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  53,885,029       135,900,015       35,220,918       (298,949,686     (4,157,297     (5,881,091     (74,026,423     68,672,589  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
             
  1,335,032,322       1,199,132,307       608,202,728       907,152,414       98,995,737           104,876,828       1,521,615,876       1,452,943,287  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$     1,388,917,351     $     1,335,032,322     $     643,423,646     $ 608,202,728     $ 94,838,440     $ 98,995,737     $     1,447,589,453     $     1,521,615,876  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 240,506     $     $ (1,177,871   $     $ 1,351,360     $ 923,002     $ 12,129,651     $ 893,471  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

  187  

 


Hartford HLS Funds

Statements of Changes in Net Assets – (continued)

 

 

 

     Hartford Total Return Bond
HLS Fund
 
     For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
 

Operations:

    

Net investment income (loss)

   $ 36,073,077     $ 72,397,790  

Net realized gain (loss) on investments, other financial instruments and foreign currency transactions

     (24,188,128     46,924,738  

Net changes in unrealized appreciation (depreciation) of investments, other financial instruments and foreign currency transactions

     (47,421,747     3,063,744  
  

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     (35,536,798     122,386,272  
  

 

 

   

 

 

 

Distributions to Shareholders:

    

From net investment income

    

Class IA

           (64,104,099

Class IB

           (6,840,084
  

 

 

   

 

 

 

Total from net investment income

           (70,944,183
  

 

 

   

 

 

 

From net realized gain on investments

    

Class IA

            

Class IB

            
  

 

 

   

 

 

 

Total from net realized gain on investments

            
  

 

 

   

 

 

 

Total distributions

           (70,944,183
  

 

 

   

 

 

 

Capital Share Transactions:

    

Sold

     51,266,658       133,249,068  

Issued on reinvestment of distributions

           70,944,183  

Redeemed

     (191,494,657     (356,036,471
  

 

 

   

 

 

 

Net (decrease) from capital share transactions

     (140,227,999     (151,843,220
  

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

     (175,764,797     (100,401,131
  

 

 

   

 

 

 

Net Assets:

    

Beginning of period

     2,406,291,227       2,506,692,358  
  

 

 

   

 

 

 

End of period

   $     2,230,526,430     $     2,406,291,227  
  

 

 

   

 

 

 

Undistributed (distributions in excess of) net investment income

   $ 125,535,139     $ 89,462,062  
  

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

  188  

 


Hartford HLS Funds

Statements of Changes in Net Assets – (continued)

 

 

 

Hartford Ultrashort Bond
HLS Fund
    Hartford U.S. Government
Securities HLS Fund
    Hartford Value
HLS Fund
 
For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
    For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
    For the
Six-Month
Period Ended
June 30, 2018
(Unaudited)
    For the
Year Ended
December 31,
2017
 
         
$ 3,815,203     $ 5,426,975     $ 3,915,396     $ 7,433,049     $ 4,495,842     $ 7,919,163  
  (9,235     110,447       (3,765,683     (2,529,210     19,348,005       43,232,153  
  (723,944     (117,494     (2,423,967     749,426       (29,475,907     23,121,521  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  3,082,024       5,419,928       (2,274,254     5,653,265       (5,632,060     74,272,837  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
         
         
        (3,863,181           (7,516,833           (7,642,825
        (353,222           (1,395,249           (1,096,859

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
        (4,216,403           (8,912,082           (8,739,684

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
         
                                (31,542,050
                                (5,401,252

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
                                (36,943,302

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
        (4,216,403           (8,912,082           (45,682,986

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
         
  29,572,478       40,599,916       10,000,095       25,399,365       6,391,936       12,186,616  
        4,216,403             8,912,083             45,682,987  
  (55,366,916         (131,702,061     (38,765,425     (79,206,757     (43,271,750     (84,180,318

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  (25,794,438     (86,885,742     (28,765,330     (44,895,309     (36,879,814     (26,310,715

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  (22,712,414     (85,682,217     (31,039,584     (48,154,126     (42,511,874     2,279,136  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
         
  526,067,080       611,749,297       400,074,001       448,228,127       526,485,809       524,206,673  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$     503,354,666     $ 526,067,080     $     369,034,417     $     400,074,001     $     483,973,935     $     526,485,809  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
$ 9,369,878     $ 5,554,675     $ 12,335,704     $ 8,420,308     $ 4,495,842     $  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

 

  189  

 


Hartford HLS Funds

Financial Highlights

 

 

 

    — Selected Per-Share Data(1)     — Ratios and Supplemental Data —  

Class

  Net Asset
Value at
Beginning
of Period
    Net
Investment
Income
(Loss)
    Net
Realized
and
Unrealized
Gain (Loss)
on
Investments
    Total from
Investment
Operations
    Dividends
from Net
Investment
Income
    Distributions
from
Capital
Gains
    Total
Dividends
and
Distributions
    Net
Asset
Value at
End of
Period
    Total
Return(2)
    Net
Assets at
End of
Period
(000s)
    Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3)
    Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3)
    Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets
    Portfolio
Turnover
 
Hartford Balanced HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $   31.02     $   0.31     $ (0.24   $ 0.07     $     $     $     $   31.09       0.23 %(4)    $   1,950,595       0.66 %(5)      0.63 %(5)      2.01 %(5)      15

IB

    31.48       0.28       (0.25     0.03                         31.51       0.10 (4)      260,468       0.91 (5)      0.88 (5)      1.76 (5)      15  

For the Year Ended December 31, 2017

 

IA

  $ 27.46     $ 0.55     $ 3.72     $ 4.27     $ (0.71   $     $ (0.71   $ 31.02       15.59   $ 2,095,246       0.66     0.63     1.86     26

IB

    27.86       0.48       3.77       4.25       (0.63           (0.63     31.48       15.30       277,735       0.91       0.88       1.61       26  

For the Year Ended December 31, 2016

 

IA

  $ 26.62     $ 0.56     $ 1.05     $ 1.61     $ (0.77   $     $ (0.77   $ 27.46       6.04   $ 2,043,556       0.66     0.64     2.05     25

IB

    26.99       0.50       1.07       1.57       (0.70           (0.70     27.86       5.79       275,925       0.91       0.89       1.80       25  

For the Year Ended December 31, 2015

 

IA

  $ 27.09     $ 0.51     $ (0.46   $ 0.05     $ (0.52   $     $ (0.52   $ 26.62       0.18   $ 2,210,938       0.65     0.63     1.87     18

IB

    27.45       0.45       (0.47     (0.02     (0.44           (0.44     26.99       (0.07     300,945       0.90       0.88       1.62       18  

For the Year Ended December 31, 2014

 

IA

  $ 25.11     $ 0.45     $ 2.01     $ 2.46     $ (0.48   $     $ (0.48   $ 27.09       9.79   $ 2,561,814       0.65     0.65     1.73     29

IB

    25.44       0.39       2.03       2.42       (0.41           (0.41     27.45       9.51       362,210       0.90       0.90       1.49       29  

For the Year Ended December 31, 2013

 

IA

  $ 21.03     $ 0.41     $ 4.04     $ 4.45     $ (0.37   $     $ (0.37   $ 25.11       21.19   $ 2,782,698       0.65     0.65     1.75     31

IB

    21.30       0.35       4.10       4.45       (0.31           (0.31     25.44       20.88       399,681       0.90       0.90       1.50       31  
Hartford Capital Appreciation HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $ 48.16     $ 0.25     $ 1.32     $ 1.57     $     $     $     $ 49.73       3.26 %(4)    $ 4,225,369       0.68 %(5)      0.68 %(5)      1.04 %(5)      47

IB

    47.48       0.19       1.30       1.49                         48.97       3.14 (4)      519,647       0.93 (5)      0.93 (5)      0.78 (5)      47  

IC

    47.76       0.13       1.31       1.44                         49.20       3.02 (4)      30,449       1.18 (5)      1.18 (4)      0.54 (5)      47  

For the Year Ended December 31, 2017

 

IA

  $ 42.05     $ 0.43     $ 8.83     $ 9.26     $ (0.54   $ (2.61   $ (3.15   $ 48.16       22.14   $ 4,457,603       0.68     0.68     0.91     75

IB

    41.50       0.30       8.70       9.00       (0.41     (2.61     (3.02     47.48       21.82       569,615       0.93       0.93       0.66       75  

IC

    41.76       0.19       8.74       8.93       (0.32     (2.61     (2.93     47.76       21.50       29,979       1.18       1.18       0.41       75  

For the Year Ended December 31, 2016

 

IA

  $ 44.44     $ 0.41     $ 1.94     $ 2.35     $ (0.47   $ (4.27   $ (4.74   $ 42.05       5.52   $ 4,555,454       0.68     0.68     0.97     103

IB

    43.93       0.30       1.90       2.20       (0.36     (4.27     (4.63     41.50       5.24       558,022       0.93       0.93       0.72       103  

IC

    44.21       0.19       1.92       2.11       (0.29     (4.27     (4.56     41.76       4.99       21,579       1.18       1.18       0.46       103  

For the Year Ended December 31, 2015

 

IA

  $ 54.71     $ 0.43     $ 0.38     $ 0.81     $ (0.43   $   (10.65   $   (11.08   $ 44.44       1.02   $ 5,701,269       0.67     0.67     0.84     75

IB

    54.20       0.30       0.39       0.69       (0.31     (10.65     (10.96     43.93       0.79       641,548       0.92       0.92       0.59       75  

IC

    54.59       0.17       0.39       0.56       (0.29     (10.65     (10.94     44.21       0.53       16,215       1.17       1.17       0.34       75  

For the Year Ended December 31, 2014

 

IA

  $ 59.65     $ 0.56     $ 3.81     $ 4.37     $ (0.50   $ (8.81   $ (9.31   $ 54.71       7.31   $ 6,470,599       0.66     0.66     0.96     89

IB

    59.18       0.42       3.77       4.19       (0.36     (8.81     (9.17     54.20       7.04       764,541       0.91       0.91       0.72       89  

IC(6)

    60.21       0.09       3.53       3.62       (0.43     (8.81     (9.24     54.59       5.97 (4)      3,453       1.16 (5)      1.16 (5)      0.23 (5)      89  

For the Year Ended December 31, 2013

 

IA

  $ 43.37     $ 0.45     $   16.49     $   16.94     $   (0.51   $ (0.15   $ (0.66   $ 59.65       39.08   $ 7,029,201       0.67     0.67     0.88     86

IB

    43.05       0.32       16.33       16.65       (0.37     (0.15     (0.52     59.18       38.72       969,611       0.92       0.92       0.63       86  

 

The accompanying notes are an integral part of these financial statements.

 

 

  190  

 


Hartford HLS Funds

Financial Highlights – (continued)

 

 

 

    — Selected Per-Share Data(1)     — Ratios and Supplemental Data —  

Class

  Net Asset
Value at
Beginning
of Period
    Net
Investment
Income
(Loss)
    Net
Realized
and
Unrealized
Gain (Loss)
on
Investments
    Total from
Investment
Operations
    Dividends
from Net
Investment
Income
    Distributions
from
Capital
Gains
    Total
Dividends
and
Distributions
    Net
Asset
Value at
End of
Period
    Total
Return(2)
    Net
Assets at
End of
Period
(000s)
    Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3)
    Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3)
    Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets
    Portfolio
Turnover
 
Hartford Disciplined Equity HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $ 15.43     $ 0.05     $ 0.52     $ 0.57     $     $     $     $ 16.00       3.69 %(4)    $ 582,370       0.78 %(5)      0.78 %(5)      0.67 %(5)      13

IB

    15.27       0.03       0.52       0.55                         15.82       3.60 (4)      80,163       1.03 (5)      1.03 (5)      0.42 (5)      13  

For the Year Ended December 31, 2017

 

IA

  $ 14.30     $ 0.15     $ 2.83     $ 2.98     $ (0.14   $ (1.71   $ (1.85   $ 15.43       21.92   $ 613,037       0.78     0.78     1.00     30

IB

    14.17       0.11       2.80       2.91       (0.10     (1.71     (1.81     15.27       21.63       84,377       1.03       1.03       0.76       30  

For the Year Ended December 31, 2016

 

IA

  $ 15.58     $ 0.11     $ 0.77     $ 0.88     $ (0.13   $ (2.03   $ (2.16   $ 14.30       5.76   $ 587,089       0.79     0.79     0.76     33

IB

    15.46       0.08       0.75       0.83       (0.09     (2.03     (2.12     14.17       5.49       81,304       1.04       1.04       0.51       33  

For the Year Ended December 31, 2015

 

IA

  $ 20.99     $ 0.14     $ 1.41     $ 1.55     $ (0.13   $ (6.83   $ (6.96   $ 15.58       6.83   $ 648,747       0.76     0.76     0.76     29

IB

    20.88       0.10       1.40       1.50       (0.09     (6.83     (6.92     15.46       6.59       91,844       1.01       1.01       0.51       29  

For the Year Ended December 31, 2014

 

IA

  $ 18.36     $ 0.14     $ 2.83     $ 2.97     $ (0.14   $ (0.20   $ (0.34   $ 20.99       16.18   $ 734,110       0.75     0.75     0.73     63

IB

    18.27       0.09       2.81       2.90       (0.09     (0.20     (0.29     20.88       15.87       107,577       1.00       1.00       0.47       63  

For the Year Ended December 31, 2013

 

IA

  $ 13.64     $ 0.17     $ 4.72     $ 4.89     $ (0.17   $     $ (0.17   $ 18.36       35.82   $ 811,099       0.76     0.76     1.07     23

IB

    13.58       0.13       4.68       4.81       (0.12           (0.12     18.27       35.47       118,598       1.01       1.01       0.82       23  
Hartford Dividend and Growth HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $ 23.95     $ 0.22     $ (0.36   $ (0.14   $     $     $     $ 23.81       (0.58 )%(4)    $ 2,945,796       0.68 %(5)      0.68 %(5)      1.85 %(5)      15

IB

    23.85       0.19       (0.37     (0.18                       23.67       (0.75 )(4)      405,733       0.93 (5)      0.93 (5)      1.60 (5)      15  

For the Year Ended December 31, 2017

 

IA

  $ 22.10     $ 0.41     $ 3.48     $ 3.89     $ (0.38   $ (1.66   $ (2.04   $ 23.95       18.36   $ 3,179,540       0.68     0.68     1.75     25

IB

    22.01       0.35       3.47       3.82       (0.32     (1.66     (1.98     23.85       18.11       440,111       0.93       0.93       1.50       25  

For the Year Ended December 31, 2016

 

IA

  $ 22.09     $ 0.43     $ 2.67     $ 3.10     $ (0.44   $ (2.65   $ (3.09   $ 22.10       14.89   $ 3,013,788       0.69     0.69     1.98     20

IB

    22.02       0.38       2.65       3.03       (0.39     (2.65     (3.04     22.01       14.58       438,200       0.94       0.94       1.73       20  

For the Year Ended December 31, 2015

 

IA

  $   26.45     $   0.46     $   (0.70   $   (0.24   $   (0.43   $   (3.69   $   (4.12   $   22.09       (1.16 )%    $   2,991,811       0.67     0.67     1.84     20

IB

    26.38       0.40       (0.70     (0.30     (0.37     (3.69     (4.06     22.02       (1.41     449,693       0.92       0.92       1.59       20  

For the Year Ended December 31, 2014

 

IA

  $ 27.05     $ 0.49     $ 2.92     $ 3.41     $ (0.49   $ (3.52   $ (4.01   $ 26.45       12.96   $ 3,502,492       0.67     0.67     1.78     19

IB

    26.99       0.42       2.91       3.33       (0.42     (3.52     (3.94     26.38       12.68       546,006       0.92       0.92       1.53       19  

For the Year Ended December 31, 2013

 

IA

  $ 21.46     $ 0.46     $ 6.33     $ 6.79     $ (0.51   $ (0.69   $ (1.20   $ 27.05       31.92   $ 3,760,183       0.67     0.67     1.88     25

IB

    21.42       0.40       6.31       6.71       (0.45     (0.69     (1.14     26.99       31.58       621,751       0.92       0.92       1.62       25  

 

The accompanying notes are an integral part of these financial statements.

 

 

  191  

 


Hartford HLS Funds

Financial Highlights – (continued)

 

 

 

    — Selected Per-Share Data(1)     — Ratios and Supplemental Data —  

Class

  Net Asset
Value at
Beginning
of Period
    Net
Investment
Income
(Loss)
    Net
Realized
and
Unrealized
Gain (Loss)
on
Investments
    Total from
Investment
Operations
    Dividends
from Net
Investment
Income
    Distributions
from
Capital
Gains
    Total
Dividends
and
Distributions
    Net
Asset
Value at
End of
Period
    Total
Return(2)
    Net
Assets at
End of
Period
(000s)
    Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3)
    Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3)
    Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets
    Portfolio
Turnover
 
Hartford Global Growth HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $ 27.89     $ 0.09     $ 2.11     $ 2.20     $     $     $     $ 30.09       7.89 %(4)    $ 451,787       0.80 %(5)      0.80 %(5)      0.60 %(5)      26

IB

    27.63       0.05       2.09       2.14                         29.77       7.75 (4)      87,286       1.05 (5)      1.05 (5)      0.35 (5)      26  

For the Year Ended December 31, 2017

 

IA

  $ 22.14     $ 0.14     $ 6.99     $ 7.13     $ (0.14   $ (1.24   $ (1.38   $ 27.89       32.73   $ 432,581       0.81     0.81     0.56     58

IB

    21.95       0.08       6.91       6.99       (0.07     (1.24     (1.31     27.63       32.37       84,442       1.06       1.06       0.31       58  

For the Year Ended December 31, 2016

 

IA

  $ 24.39     $ 0.13     $ 0.40     $ 0.53     $ (0.17   $ (2.61   $ (2.78   $ 22.14       1.95   $ 347,375       0.82     0.82     0.55     65

IB

    24.19       0.07       0.39       0.46       (0.09     (2.61     (2.70     21.95       1.71       72,531       1.07       1.07       0.30       65  

For the Year Ended December 31, 2015

 

IA

  $ 23.74     $ 0.15     $ 1.77     $ 1.92     $ (0.13   $ (1.14   $ (1.27   $ 24.39       8.04   $ 392,302       0.81     0.81     0.62     67

IB

    23.56       0.09       1.75       1.84       (0.07     (1.14     (1.21     24.19       7.76       86,759       1.06       1.06       0.38       67  

For the Year Ended December 31, 2014

 

IA

  $ 22.33     $ 0.13     $ 1.39     $ 1.52     $ (0.11   $     $ (0.11   $ 23.74       6.79   $ 388,542       0.81     0.81     0.57     82 %(7) 

IB

    22.16       0.07       1.39       1.46       (0.06           (0.06     23.56       6.58       92,979       1.06       1.06       0.30       82 (7) 

For the Year Ended December 31, 2013

 

IA

  $ 16.50     $ 0.11     $ 5.86     $ 5.97     $ (0.14   $     $ (0.14   $ 22.33       36.30   $ 360,086       0.82     0.82     0.56     71

IB

    16.38       0.06       5.81       5.87       (0.09           (0.09     22.16       35.90       79,823       1.07       1.07       0.32       71  
Hartford Growth Opportunities HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $ 38.42     $ (0.03   $ 5.70     $ 5.67     $     $     $     $ 44.09       14.76 %(4)    $ 1,432,966       0.65 %(5)      0.65 %(5)      (0.13 )%(5)      60

IB

    36.91       (0.07     5.47       5.40                         42.31       14.63 (4)      160,793       0.90 (5)      0.90 (5)      (0.38 )(5)      60  

IC

    37.71       (0.13     5.59       5.46                         43.17       14.48 (4)      38,692       1.15 (5)      1.15 (5)      (0.62 )(5)      60  

For the Year Ended December 31, 2017

 

IA

  $ 29.83     $ (0.05   $ 9.09     $ 9.04     $     $ (0.45   $ (0.45   $ 38.42       30.45   $ 1,326,201       0.66     0.66     (0.15 )%      99

IB

    28.74       (0.13     8.75       8.62             (0.45     (0.45     36.91       30.14       149,212       0.91       0.91       (0.40     99  

IC

    29.43       (0.22     8.95       8.73             (0.45     (0.45     37.71       29.80       34,033       1.16       1.16       (0.65     99  

For the Year Ended December 31, 2016

 

IA

  $ 34.86     $ (0.04   $ 0.06 (8)    $ 0.02     $ (0.15   $ (4.90   $ (5.05   $ 29.83       (0.49 )%    $ 1,145,176       0.65     0.65     (0.11 )%      138

IB

    33.76       (0.11     0.04 (8)      (0.07     (0.05     (4.90     (4.95     28.74       (0.77     132,149       0.90       0.90       (0.35     138  

IC

    34.57       (0.19     0.04 (8)      (0.15     (0.09     (4.90     (4.99     29.43       (1.01     25,550       1.15       1.15       (0.61     138  

For the Year Ended December 31, 2015

 

IA

  $ 38.88     $ 0.02     $ 4.66     $ 4.68     $ (0.05   $ (8.65   $ (8.70   $ 34.86       11.74   $ 1,197,187       0.65     0.65     0.05     109

IB

    37.93       (0.08     4.56       4.48             (8.65     (8.65     33.76       11.47       158,304       0.90       0.90       (0.20     109  

IC

    38.75       (0.18     4.65       4.47             (8.65     (8.65     34.57       11.18       20,495       1.16       1.16       (0.48     109  

For the Year Ended December 31, 2014

 

IA

  $ 40.58     $ 0.06     $ 5.31     $ 5.37     $   (0.07   $   (7.00   $   (7.07   $   38.88       14.14   $   1,203,366       0.64     0.64     0.16     145 %(9) 

IB

    39.79       (0.04     5.18       5.14             (7.00     (7.00     37.93       13.82       160,040       0.89       0.89       (0.11     145 (9) 

IC(6)

    40.23       (0.10     5.69       5.59       (0.07     (7.00     (7.07     38.75       14.79 (4)      1,717       1.14 (5)      1.14 (5)      (0.37 )(5)      145 (9) 

For the Year Ended December 31, 2013

 

IA

  $   29.90     $ 0.07     $   10.61     $   10.68     $     $     $     $ 40.58       35.74   $ 1,097,380       0.65     0.65     0.21     119

IB

    29.38         (0.01     10.42       10.41                         39.79       35.42       111,230       0.90       0.90       (0.04     119  

 

The accompanying notes are an integral part of these financial statements.

 

 

  192  

 


Hartford HLS Funds

Financial Highlights – (continued)

 

 

 

    — Selected Per-Share Data(1)     — Ratios and Supplemental Data —  

Class

  Net Asset
Value at
Beginning
of Period
    Net
Investment
Income
(Loss)
    Net
Realized
and
Unrealized
Gain (Loss)
on
Investments
    Total from
Investment
Operations
    Dividends
from Net
Investment
Income
    Distributions
from
Capital
Gains
    Total
Dividends
and
Distributions
    Net
Asset
Value at
End of
Period
    Total
Return(2)
    Net
Assets at
End of
Period
(000s)
    Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3)
    Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3)
    Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets
    Portfolio
Turnover
 
Hartford Healthcare HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $ 22.46     $     $ 1.27     $ 1.27     $     $     $     $ 23.73       5.65 %(4)    $ 285,645       0.89 %(5)      0.89 %(5)      0.03 %(5)      14

IB

    21.35       (0.02     1.20       1.18                         22.53       5.53 (4)      42,453       1.14 (5)      1.14 (5)      (0.22 )(5)      14  

For the Year Ended December 31, 2017

 

IA

  $ 21.46     $ 0.01     $ 4.69     $ 4.70     $     $ (3.70   $ (3.70   $ 22.46       22.26   $ 290,603       0.89     0.89     0.04     18

IB

    20.60       (0.05     4.50       4.45             (3.70     (3.70     21.35       21.96       44,796       1.14       1.14       (0.21     18  

For the Year Ended December 31, 2016

 

IA

  $ 30.32     $ 0.01     $ (2.37   $ (2.36   $ (0.99   $ (5.51   $ (6.50   $ 21.46       (8.39 )%    $ 246,494       0.89     0.89     0.05     36

IB

    29.36       (0.05     (2.30     (2.35     (0.90     (5.51     (6.41     20.60       (8.64     44,149       1.14       1.14       (0.20     36  

For the Year Ended December 31, 2015

 

IA

  $ 30.02     $     $ 4.08     $ 4.08     $     $ (3.78   $ (3.78   $ 30.32       13.21   $ 360,783       0.86     0.86     (0.01 )%      38

IB

    29.23       (0.08     3.99       3.91             (3.78     (3.78     29.36       12.98       62,644       1.11       1.11       (0.26     38  

For the Year Ended December 31, 2014

 

IA

  $   25.67     $ 0.01     $ 6.75     $ 6.76     $ (0.07   $ (2.34   $ (2.41   $ 30.02       27.39   $ 301,580       0.88     0.88     0.03     33

IB

    25.07         (0.06     6.57       6.51       (0.01     (2.34     (2.35     29.23       27.00       60,413       1.13       1.13       (0.22     33  

For the Year Ended December 31, 2013

 

IA

  $ 18.11     $ 0.04     $ 9.12     $ 9.16     $ (0.12   $   (1.48   $ (1.60   $   25.67       51.84   $ 243,719       0.89     0.89     0.19     33

IB

    17.71       (0.01     8.92       8.91       (0.07     (1.48     (1.55     25.07       51.50       57,187       1.14       1.14       (0.06     33  
Hartford High Yield HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $ 8.20     $ 0.22     $ (0.26   $ (0.04   $     $     $     $ 8.16       (0.49 )%(4)    $ 211,095       0.77 %(5)      0.77 %(5)      5.37 %(5)      16

IB

    8.06       0.20       (0.25     (0.05                       8.01       (0.62 )(4)      65,828       1.02 (5)      1.02 (5)      5.12 (5)      16  

For the Year Ended December 31, 2017

 

IA

  $ 8.11     $ 0.45     $ 0.15     $ 0.60     $ (0.51   $     $ (0.51   $ 8.20       7.60   $ 230,101       0.77     0.77     5.42     43

IB

    7.98       0.42       0.15       0.57       (0.49           (0.49     8.06       7.31       71,389       1.02       1.02       5.17       43  

For the Year Ended December 31, 2016

 

IA

  $ 7.55     $ 0.44     $ 0.62     $ 1.06     $ (0.50   $     $ (0.50   $ 8.11       14.25   $ 244,212       0.79     0.79     5.52     41

IB

    7.43       0.41       0.62       1.03       (0.48           (0.48     7.98       13.99       77,573       1.04       1.04       5.27       41  

For the Year Ended December 31, 2015

 

IA

  $ 8.45     $ 0.45     $   (0.79   $   (0.34   $ (0.56   $     $ (0.56   $ 7.55       (4.30 )%    $ 251,313       0.76     0.76     5.40     34

IB

    8.32       0.42       (0.77     (0.35     (0.54           (0.54     7.43       (4.56     77,013       1.01       1.01       5.15       34  

For the Year Ended December 31, 2014

 

IA

  $ 8.90     $ 0.47     $ (0.22   $ 0.25     $ (0.70   $     $ (0.70   $ 8.45       2.58   $ 321,650       0.75     0.75     5.28     39

IB

    8.77       0.44       (0.22     0.22       (0.67           (0.67     8.32       2.31       105,579       1.00       1.00       5.02       39  

For the Year Ended December 31, 2013

 

IA

  $ 9.09     $ 0.54     $ 0.01     $ 0.55     $   (0.74   $     $   (0.74   $ 8.90       6.43   $   389,340       0.75     0.75     5.90     46

IB

    8.96       0.50       0.03       0.53       (0.72           (0.72     8.77       6.17       125,701       1.00       1.00       5.64       46  

 

The accompanying notes are an integral part of these financial statements.

 

 

  193  

 


Hartford HLS Funds

Financial Highlights – (continued)

 

 

 

    — Selected Per-Share Data(1)     — Ratios and Supplemental Data —  

Class

  Net Asset
Value at
Beginning
of Period
    Net
Investment
Income
(Loss)
    Net
Realized
and
Unrealized
Gain (Loss)
on
Investments
    Total from
Investment
Operations
    Dividends
from Net
Investment
Income
    Distributions
from
Capital
Gains
    Total
Dividends
and
Distributions
    Net
Asset
Value at
End of
Period
    Total
Return(2)
    Net
Assets at
End of
Period
(000s)
    Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3)
    Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3)
    Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets
    Portfolio
Turnover
 
Hartford International Opportunities HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $   17.46     $ 0.19     $   (0.80   $   (0.61   $     $     $     $   16.85       (3.49 )%(4)    $   1,306,992       0.73 %(5)      0.73 %(5)      2.17 %(5)      40

IB

    17.68       0.17       (0.81     (0.64                       17.04       (3.62 )(4)      148,058       0.98 (5)      0.98 (5)      1.91 (5)      40  

For the Year Ended December 31, 2017

 

IA

  $ 14.14     $ 0.24     $ 3.31     $ 3.55     $   (0.23   $     $   (0.23   $ 17.46       25.25   $ 1,418,078       0.73     0.73     1.46     91

IB

    14.31       0.21       3.35       3.56       (0.19           (0.19     17.68       24.99       162,442       0.98       0.98       1.28       91  

For the Year Ended December 31, 2016

 

IA

  $ 14.19     $ 0.24     $ (0.06   $ 0.18     $ (0.23   $     $ (0.23   $ 14.14       1.26   $ 1,086,762       0.76     0.76     1.74     95

IB

    14.36       0.21       (0.07     0.14       (0.19           (0.19     14.31       0.94       147,343       1.01       1.01       1.50       95  

For the Year Ended December 31, 2015

 

IA

  $ 14.13     $ 0.22     $ 0.06     $ 0.28     $ (0.22   $     $ (0.22   $ 14.19       1.88   $ 1,146,250       0.74     0.74     1.47     68

IB

    14.29       0.18       0.06       0.24       (0.17           (0.17     14.36       1.65       171,538       0.99       0.99       1.21       68  

For the Year Ended December 31, 2014

 

IA

  $ 15.03     $ 0.19     $ (0.75   $ (0.56   $ (0.34   $     $ (0.34   $ 14.13       (3.87 )%    $ 1,239,946       0.73     0.73     1.30     90

IB

    15.20       0.15       (0.76     (0.61     (0.30           (0.30     14.29       (4.14     189,053       0.98       0.98       1.02       90  

For the Year Ended December 31, 2013

 

IA

  $ 12.63     $ 0.24     $ 2.45     $ 2.69     $ (0.29   $     $ (0.29   $ 15.03       21.55   $ 1,454,018       0.74     0.74     1.76     100

IB

    12.76       0.21       2.49       2.70       (0.26           (0.26     15.20       21.28       215,447       0.99       0.99       1.55       100  
Hartford MidCap HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $ 40.10     $   (0.01   $ 3.02     $ 3.01     $     $     $     $ 43.11       7.51 %(4)    $ 2,240,565       0.69 %(5)      0.69 %(5)      (0.04 )%(5)      18

IB

    39.18       (0.06     2.95       2.89                         42.07       7.38 (4)      58,244       0.94 (5)      0.94 (5)      (0.29 )(5)      18  

For the Year Ended December 31, 2017

 

IA

  $ 33.83     $ 0.01     $ 8.11     $ 8.12     $     $   (1.85   $ (1.85   $ 40.10       24.47   $ 2,156,044       0.70     0.70     0.02     36

IB

    33.17       (0.08     7.94       7.86             (1.85     (1.85     39.18       24.17       58,850       0.95       0.95       (0.23     36  

For the Year Ended December 31, 2016

 

IA

  $ 33.66     $ 0.05     $ 3.80     $ 3.85     $ (0.06   $ (3.62   $ (3.68   $ 33.83       11.98   $ 1,721,029       0.71     0.71     0.16     32

IB

    33.11       (0.03     3.72       3.69       (0.01     (3.62     (3.63     33.17       11.69       93,567       0.96       0.96       (0.09     32  

For the Year Ended December 31, 2015

 

IA

  $ 37.28     $ 0.03     $ 0.83     $ 0.86     $ (0.03   $ (4.45   $ (4.48   $ 33.66       1.60   $ 1,647,715       0.70     0.70     0.08     38

IB

    36.83       (0.06     0.82       0.76       (0.03     (4.45     (4.48     33.11       1.34       104,395       0.95       0.95       (0.16     38  

For the Year Ended December 31, 2014

 

IA

  $ 37.87     $ 0.04     $ 4.22     $ 4.26     $ (0.04   $ (4.81   $ (4.85   $ 37.28       11.37   $ 1,669,393       0.70     0.70     0.10     42

IB

    37.52       (0.06     4.18       4.12             (4.81     (4.81     36.83       11.09       83,562       0.95       0.95       (0.15     42  

For the Year Ended December 31, 2013

 

IA

  $ 28.16     $ 0.07     $ 11.02     $ 11.09     $ (0.04   $ (1.34   $ (1.38   $ 37.87       39.82   $ 1,483,626       0.71     0.71     0.21     34

IB

    27.95       (0.02     10.94       10.92       (0.01     (1.34     (1.35     37.52       39.46       82,483       0.96       0.96       (0.05     34  

 

The accompanying notes are an integral part of these financial statements.

 

 

  194  

 


Hartford HLS Funds

Financial Highlights – (continued)

 

 

 

    — Selected Per-Share Data(1)     — Ratios and Supplemental Data —  

Class

  Net Asset
Value at
Beginning
of Period
    Net
Investment
Income
(Loss)
    Net
Realized
and
Unrealized
Gain (Loss)
on
Investments
    Total from
Investment
Operations
    Dividends
from Net
Investment
Income
    Distributions
from
Capital
Gains
    Total
Dividends
and
Distributions
    Net
Asset
Value at
End of
Period
    Total
Return(2)
    Net
Assets at
End of
Period
(000s)
    Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3)
    Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3)
    Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets
    Portfolio
Turnover
 
Hartford MidCap Value HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $   12.60     $ 0.04     $ 0.06     $ 0.10     $     $     $     $ 12.70       0.79 %(4)    $ 270,227       0.86 %(5)      0.86 %(5)      0.61 %(5)      22

IB

    12.50       0.02       0.07       0.09                         12.59       0.72 (4)      81,711       1.11 (5)      1.11 (5)      0.36 (5)      22  

For the Year Ended December 31, 2017

 

IA

  $ 12.00     $ 0.05     $ 1.47     $ 1.52     $   (0.07   $   (0.85   $   (0.92   $   12.60       13.47   $ 287,688       0.86     0.86     0.39     32

IB

    11.91       0.02       1.46       1.48       (0.04     (0.85     (0.89     12.50       13.18       87,149       1.11       1.11       0.14       32  

For the Year Ended December 31, 2016

 

IA

  $ 12.33     $ 0.07     $ 1.40     $ 1.47     $ (0.07   $ (1.73   $ (1.80   $ 12.00       12.82   $ 289,872       0.86     0.86     0.61     38

IB

    12.24       0.04       1.39       1.43       (0.03     (1.73     (1.76     11.91       12.56       89,704       1.11       1.11       0.36       38  

For the Year Ended December 31, 2015

 

IA

  $ 14.60     $ 0.07     $ (0.15   $ (0.08   $ (0.09   $ (2.10   $ (2.19   $ 12.33       (1.21 )%    $ 291,174       0.84     0.84     0.49     29

IB

    14.50       0.03       (0.15     (0.12     (0.04     (2.10     (2.14     12.24       (1.45     91,720       1.09       1.09       0.24       29  

For the Year Ended December 31, 2014

 

IA

  $ 15.51     $ 0.09     $ 1.19     $ 1.28     $ (0.11   $ (2.08   $ (2.19   $ 14.60       8.22   $ 345,084       0.84     0.84     0.60     31

IB

    15.42       0.05       1.18       1.23       (0.07     (2.08     (2.15     14.50       7.91       110,819       1.09       1.09       0.35       31  

For the Year Ended December 31, 2013

 

IA

  $ 11.65     $ 0.08     $ 3.95     $ 4.03     $ (0.17   $     $ (0.17   $ 15.51       34.71   $ 377,272       0.84     0.84     0.56     49

IB

    11.59       0.04       3.93       3.97       (0.14           (0.14     15.42       34.37       123,884       1.09       1.09       0.31       49  
Hartford Small Cap Growth HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $ 32.13     $ 0.02     $ 2.78     $ 2.80     $     $     $     $ 34.93       8.71 %(4)    $   1,016,227       0.64 %(5)      0.64 %(5)      0.11 %(5)      35

IB

    31.28         (0.02     2.71       2.69                         33.97       8.60 (4)      372,690       0.89 (5)      0.89 (5)      (0.14 )(5)      35  

For the Year Ended December 31, 2017

 

IA

  $ 26.77     $ (0.02   $ 5.39     $ 5.37     $ (0.01   $     $ (0.01   $ 32.13       20.07   $ 960,690       0.65     0.65     (0.06 )%      51

IB

    26.12       (0.09     5.25       5.16                         31.28       19.75       374,342       0.90       0.90       (0.31     51  

For the Year Ended December 31, 2016

 

IA

  $ 24.93     $ 0.04     $ 2.98     $ 3.02     $   (0.04   $ (1.14   $ (1.18   $ 26.77       12.37   $ 972,576       0.65     0.65     0.17     51

IB

    24.38       (0.02     2.90       2.88             (1.14     (1.14     26.12       12.08       226,557       0.90       0.90       (0.08     51  

For the Year Ended December 31, 2015

 

IA

  $ 27.95     $ 0.07     $ (0.02   $ 0.05     $ (0.02   $ (3.05   $ (3.07   $ 24.93       (0.55 )%    $ 913,414       0.65     0.65     0.25     59

IB

    27.44       (0.01           (0.01           (3.05     (3.05     24.38       (0.79     209,948       0.90       0.90       (0.03     59  

For the Year Ended December 31, 2014

 

IA

  $ 32.60     $ 0.06     $ 1.48     $ 1.54     $ (0.02   $ (6.17   $ (6.19   $ 27.95       5.83   $ 557,200       0.65     0.65     0.19     117

IB

    32.17       (0.02     1.46       1.44             (6.17     (6.17     27.44       5.57       115,230       0.90       0.90       (0.06     117  

For the Year Ended December 31, 2013

 

IA

  $ 25.44     $ 0.05     $   10.92     $   10.97     $ (0.12   $ (3.69   $ (3.81   $ 32.60       44.87   $ 466,173       0.67     0.67     0.16     81

IB

    25.14       (0.02     10.77       10.75       (0.03     (3.69     (3.72     32.17       44.50       123,966       0.92       0.92       (0.08     81  

 

The accompanying notes are an integral part of these financial statements.

 

 

  195  

 


Hartford HLS Funds

Financial Highlights – (continued)

 

 

 

    — Selected Per-Share Data(1)     — Ratios and Supplemental Data —  

Class

  Net Asset
Value at
Beginning
of Period
    Net
Investment
Income
(Loss)
    Net
Realized
and
Unrealized
Gain (Loss)
on
Investments
    Total from
Investment
Operations
    Dividends
from Net
Investment
Income
    Distributions
from
Capital
Gains
    Total
Dividends
and
Distributions
    Net
Asset
Value at
End of
Period
    Total
Return(2)
    Net
Assets at
End of
Period
(000s)
    Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3)
    Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3)
    Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets
    Portfolio
Turnover
 
Hartford Small Company HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $   20.42     $   (0.04   $ 2.66     $ 2.62     $     $     $     $   23.04       12.83 %(4)    $ 584,243       0.79 %(5)      0.79 %(5)      (0.36 )%(5)      48

IB

    18.97       (0.06     2.47       2.41                         21.38       12.70 (4)      59,181       1.04 (5)      1.04 (5)      (0.61 )(5)      48  

For the Year Ended December 31, 2017

 

IA

  $ 16.16     $ (0.06   $ 4.32     $ 4.26     $     $     $     $ 20.42       26.36   $ 551,010       0.78     0.78     (0.33 )%      107

IB

    15.05       (0.10     4.02       3.92                         18.97       26.05       57,193       1.03       1.03       (0.58     107  

For the Year Ended December 31, 2016

 

IA

  $ 17.52     $ (0.01   $ 0.33 (8)    $ 0.32     $     $ (1.68   $ (1.68   $ 16.16       2.04   $ 834,044       0.76     0.76     (0.08 )%      94

IB

    16.47       (0.05     0.31 (8)      0.26             (1.68     (1.68     15.05       1.81       73,108       1.01       1.01       (0.34     94  

For the Year Ended December 31, 2015

 

IA

  $ 23.33     $ (0.02   $   (1.43   $   (1.45   $     $   (4.36   $   (4.36   $   17.52       (8.21 )%    $   1,117,778       0.71     0.71     (0.11 )%      88

IB

    22.24       (0.07     (1.34     (1.41           (4.36     (4.36     16.47       (8.45     98,501       0.96       0.96       (0.36     88  

For the Year Ended December 31, 2014

 

IA

  $ 26.43     $ (0.09   $ 1.78     $ 1.69     $     $ (4.79   $ (4.79   $ 23.33       7.07   $ 1,279,533       0.71     0.71     (0.35 )%      90

IB

    25.46       (0.15     1.72       1.57             (4.79     (4.79     22.24       6.85       123,799       0.96       0.96       (0.60     90  

For the Year Ended December 31, 2013

 

IA

  $ 19.74     $ (0.07   $ 8.60     $ 8.53     $   (0.02   $ (1.82   $ (1.84   $ 26.43       44.38   $ 1,354,821       0.71     0.71     (0.29 )%      96

IB

    19.06       (0.12     8.34       8.22             (1.82     (1.82     25.46       44.28       141,791       0.96       0.96       (0.54     96  
Hartford Small/Mid Cap Equity HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $ 8.81     $ 0.04     $ 0.32     $ 0.36     $     $     $     $ 9.17       4.09 %(4)    $ 80,746       0.91 %(5)      0.91 %(5)      0.94 %(5)      45

IB

    8.75       0.03       0.32       0.35                         9.10       4.00 (4)      14,093       1.16 (5)      1.16 (5)      0.69 (5)      45  

For the Year Ended December 31, 2017

 

IA

  $ 8.03     $ 0.08     $ 1.04     $ 1.12     $ (0.07   $ (0.27   $ (0.34   $ 8.81       14.43   $ 84,144       0.92     0.92     0.91     82

IB

    7.99       0.05       1.03       1.08       (0.05     (0.27     (0.32     8.75       13.94       14,851       1.17       1.17       0.66       82  

For the Year Ended December 31, 2016

 

IA

  $ 7.45     $ 0.09     $ 1.09     $ 1.18     $ (0.11   $ (0.49   $ (0.60   $ 8.03       16.48   $ 87,752       0.92     0.92     1.25     96

IB

    7.40       0.07       1.09       1.16       (0.08     (0.49     (0.57     7.99       16.33       17,125       1.17       1.17       1.01       96  

For the Year Ended December 31, 2015

 

IA

  $ 9.47     $ 0.12     $ (0.46   $ (0.34   $ (0.12   $ (1.56   $ (1.68   $ 7.45       (4.73 )%    $ 79,379       0.88     0.88     1.39     80

IB

    9.41       0.10       (0.46     (0.36     (0.09     (1.56     (1.65     7.40       (4.97     16,501       1.13       1.13       1.12       80  

For the Year Ended December 31, 2014

 

IA

  $ 11.29     $ 0.13     $ 0.43     $ 0.56     $ (0.18   $ (2.20   $ (2.38   $ 9.47       5.22   $ 98,069       0.85     0.85     1.20     108

IB

    11.22       0.10       0.44       0.54       (0.15     (2.20     (2.35     9.41       5.00       23,239       1.10       1.10       0.96       108  

For the Year Ended December 31, 2013

 

IA

  $ 8.90     $ 0.16     $ 3.08     $ 3.24     $ (0.14   $ (0.71   $ (0.85   $ 11.29       37.51   $ 117,395       0.85     0.85     1.58     128

IB

    8.85       0.13       3.07       3.20       (0.12     (0.71     (0.83     11.22       37.08       26,362       1.10       1.10       1.32       128  

 

The accompanying notes are an integral part of these financial statements.

 

 

  196  

 


Hartford HLS Funds

Financial Highlights – (continued)

 

 

 

    — Selected Per-Share Data(1)     — Ratios and Supplemental Data —  

Class

  Net Asset
Value at
Beginning
of Period
    Net
Investment
Income
(Loss)
    Net
Realized
and
Unrealized
Gain (Loss)
on
Investments
    Total from
Investment
Operations
    Dividends
from Net
Investment
Income
    Distributions
from
Capital
Gains
    Total
Dividends
and
Distributions
    Net
Asset
Value at
End of
Period
    Total
Return(2)
    Net
Assets at
End of
Period
(000s)
    Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3)
    Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3)
    Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets
    Portfolio
Turnover
 
Hartford Stock HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $ 79.57     $ 0.62     $ 0.92     $ 1.54     $     $     $     $ 81.11       1.94 %(4)    $ 1,314,952       0.52 %(5)      0.52 %(5)      1.55 %(5)      10

IB

    79.54       0.52       0.92       1.44                         80.98       1.81 (4)      132,638       0.77 (5)      0.77 (5)      1.29 (5)      10  

For the Year Ended December 31, 2017

 

IA

  $ 67.55     $ 1.30     $ 12.10     $ 13.40     $ (1.38   $     $ (1.38   $ 79.57       19.85   $ 1,378,245       0.52     0.52     1.76     14

IB

    67.53       1.11       12.08       13.19       (1.18           (1.18     79.54       19.54       143,370       0.77       0.77       1.51       14  

For the Year Ended December 31, 2016

 

IA

  $ 64.06     $ 1.14     $ 3.61     $ 4.75     $ (1.26   $     $ (1.26   $ 67.55       7.41   $ 1,312,626       0.52     0.52     1.72     29

IB

    64.03       0.97       3.61       4.58       (1.08           (1.08     67.53       7.14       140,317       0.77       0.77       1.47       29  

For the Year Ended December 31, 2015

 

IA

  $ 63.49     $ 1.19     $ 0.56     $ 1.75     $ (1.18   $     $ (1.18   $ 64.06       2.74   $ 1,388,110       0.51     0.51     1.86     23

IB

    63.46       1.03       0.54       1.57       (1.00           (1.00     64.03       2.48       155,722       0.76       0.76       1.61       23  

For the Year Ended December 31, 2014

 

IA

  $ 58.07     $ 1.07     $ 5.51     $ 6.58     $ (1.16   $     $ (1.16   $ 63.49       11.31   $ 1,552,777       0.50     0.50     1.79     20

IB

    58.04       0.92       5.50       6.42       (1.00           (1.00     63.46       11.04       182,112       0.75       0.75       1.54       20  

For the Year Ended December 31, 2013

 

IA

  $ 44.73     $ 0.99     $   13.41     $   14.40     $   (1.06   $     $ (1.06   $ 58.07       32.25   $ 1,667,278       0.51     0.51     1.89     27

IB

    44.71       0.85       13.40       14.25       (0.92           (0.92     58.04       31.92       204,437       0.76       0.76       1.64       27  
Hartford Total Return Bond HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $   11.32     $   0.18     $ (0.35   $ (0.17   $     $     $     $ 11.15       (1.50 )%(4)    $   2,000,366       0.51 %(5)      0.51 %(5)      3.18 %(5)      28

IB

    11.25       0.16       (0.33     (0.17                       11.08       (1.51 )(4)      230,160       0.76 (5)      0.76 (5)      2.92 (5)      28  

For the Year Ended December 31, 2017

 

IA

  $ 11.09     $ 0.34     $ 0.23     $ 0.57     $ (0.34   $     $   (0.34   $ 11.32       5.16   $ 2,157,506       0.51     0.51     2.99     89

IB

    11.03       0.31       0.22       0.53       (0.31           (0.31     11.25       4.80       248,785       0.76       0.76       2.74       89  

For the Year Ended December 31, 2016

 

IA

  $ 10.93     $ 0.36     $ 0.13     $ 0.49     $ (0.29   $   (0.04   $ (0.33   $   11.09       4.49   $ 2,244,505       0.52     0.52     3.16     36

IB

    10.87       0.33       0.13       0.46       (0.26     (0.04     (0.30     11.03       4.22       262,187       0.77       0.77       2.91       36  

For the Year Ended December 31, 2015

 

IA

  $ 11.63     $ 0.33     $ (0.39   $ (0.06   $ (0.36   $ (0.28   $ (0.64   $ 10.93       (0.59 )%    $ 2,448,280       0.51     0.51     2.88     66

IB

    11.56       0.30       (0.39     (0.09     (0.32     (0.28     (0.60     10.87       (0.81     295,006       0.76       0.76       2.63       66  

For the Year Ended December 31, 2014

 

IA

  $ 11.35     $ 0.33     $ 0.34     $ 0.67     $ (0.39   $     $ (0.39   $ 11.63       5.89   $ 2,879,633       0.50     0.50     2.85     84

IB

    11.27       0.30       0.34       0.64       (0.35           (0.35     11.56       5.68       360,006       0.75       0.75       2.60       84  

For the Year Ended December 31, 2013

 

IA

  $ 11.99     $ 0.32     $ (0.49   $ (0.17   $ (0.47   $     $ (0.47   $ 11.35       (1.36 )%    $ 3,290,622       0.50     0.50     2.76     81

IB

    11.91       0.29       (0.50     (0.21     (0.43           (0.43     11.27       (1.66     414,910       0.75       0.75       2.51       81  

 

The accompanying notes are an integral part of these financial statements.

 

 

  197  

 


Hartford HLS Funds

Financial Highlights – (continued)

 

 

 

    — Selected Per-Share Data(1)     — Ratios and Supplemental Data —  

Class

  Net Asset
Value at
Beginning
of Period
    Net
Investment
Income
(Loss)
    Net
Realized
and
Unrealized
Gain (Loss)
on
Investments
    Total from
Investment
Operations
    Dividends
from Net
Investment
Income
    Distributions
from
Capital
Gains
    Total
Dividends
and
Distributions
    Net
Asset
Value at
End of
Period
    Total
Return(2)
    Net
Assets at
End of
Period
(000s)
    Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3)
    Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3)
    Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets
    Portfolio
Turnover
 
Hartford Ultrashort Bond HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $   10.06     $ 0.08     $   (0.02   $   0.06     $     $     $     $ 10.12       0.60 %(4)    $ 440,723       0.45 %(5)      0.45 %(5)      1.53 %(5)      18

IB

    10.05       0.06       (0.01     0.05                         10.10       0.50 (4)      62,631       0.70 (5)      0.70 (5)      1.29 (5)      18  

For the Year Ended December 31, 2017

 

IA

  $ 10.04     $ 0.10     $ (8)    $ 0.10     $   (0.08   $     $   (0.08   $   10.06       1.01   $ 460,643       0.45     0.45     1.00     60

IB

    10.02       0.07       0.01 (8)      0.08       (0.05           (0.05     10.05       0.80       65,424       0.70       0.70       0.75       60  

For the Year Ended December 31, 2016

 

IA

  $ 9.99     $ 0.06     $ 0.04     $ 0.10     $ (0.05   $     $ (0.05   $ 10.04       0.97   $ 533,091       0.45     0.45     0.61     51

IB

    9.97       0.04       0.02       0.06       (0.01           (0.01     10.02       0.64       78,658       0.70       0.70       0.35       51  

For the Year Ended December 31, 2015

 

IA

  $ 10.01     $ 0.03     $ (0.02   $ 0.01     $ (0.03   $     $ (0.03   $ 9.99       0.13   $ 611,087       0.43     0.43     0.33     35

IB

    9.98       0.01       (0.02     (0.01                       9.97       (0.09     96,970       0.68       0.68       0.08       35  

For the Year Ended December 31, 2014

 

IA

  $ 10.00     $ 0.02     $ (0.01   $ 0.01     $     $     $     $ 10.01       0.10   $ 745,597       0.43     0.43     0.23     40

IB

    9.99             (0.01       (0.01                       9.98       (0.10     121,168       0.68       0.68       (0.02     40  

For the Year Ended December 31, 2013(10)(11)

 

IA

  $ 10.00     $     $     $     $     $     $     $ 10.00         $   1,013,110       0.45     0.21     (0.02 )%      6 %(12) 

IB

    10.00         (0.01           (0.01                       9.99       (0.10     163,058       0.49       0.25       (0.06     6 (12) 
Hartford U.S. Government Securities HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $ 10.21     $ 0.11     $ (0.16   $ (0.05   $     $     $     $ 10.16       (0.49 )%(4)    $ 304,331       0.51 %(5)      0.51 %(5)      2.10 %(5)      18

IB

    10.20       0.09       (0.16     (0.07                       10.13       (0.69 )(4)      64,704       0.76 (5)      0.76 (5)      1.85 (5)      18  

For the Year Ended December 31, 2017

 

IA

  $ 10.30     $ 0.19     $ (0.05   $ 0.14     $ (0.23   $   —     $ (0.23   $ 10.21       1.32   $ 329,889       0.51     0.51     1.79     109

IB

    10.28       0.16       (0.04     0.12       (0.20           (0.20     10.20       1.11       70,185       0.76       0.76       1.54       109  

For the Year Ended December 31, 2016

 

IA

  $ 10.34     $ 0.18     $ (0.02 )(8)    $ 0.16     $ (0.20   $     $ (0.20   $ 10.30       1.54   $ 368,740       0.51     0.51     1.67     81

IB

    10.32       0.15       (0.02 )(8)      0.13       (0.17           (0.17     10.28       1.27       79,489       0.76       0.76       1.42       81  

For the Year Ended December 31, 2015

 

IA

  $ 10.37     $ 0.16     $     $ 0.16     $ (0.19   $     $ (0.19   $ 10.34       1.56   $ 412,060       0.49     0.49     1.53     42

IB

    10.34       0.13       0.01       0.14       (0.16           (0.16     10.32       1.35       90,088       0.74       0.74       1.28       42  

For the Year Ended December 31, 2014

 

IA

  $ 10.32     $ 0.15     $ 0.14     $ 0.29     $ (0.24   $     $ (0.24   $ 10.37       2.81   $ 468,967       0.48     0.48     1.40     37

IB

    10.28       0.12       0.15       0.27       (0.21           (0.21     10.34       2.59       102,235       0.73       0.73       1.15       37  

For the Year Ended December 31, 2013

 

IA

  $ 10.75     $ 0.12     $ (0.30   $ (0.18   $ (0.25   $     $ (0.25   $ 10.32       (1.68 )%    $ 556,169       0.49     0.49     1.14     39

IB

    10.71       0.09       (0.30     (0.21     (0.22           (0.22     10.28       (1.97     123,908       0.74       0.74       0.89       39  

 

The accompanying notes are an integral part of these financial statements.

 

 

  198  

 


Hartford HLS Funds

Financial Highlights – (continued)

 

 

 

    — Selected Per-Share Data(1)     — Ratios and Supplemental Data —  

Class

  Net Asset
Value at
Beginning
of Period
    Net
Investment
Income
(Loss)
    Net
Realized
and
Unrealized
Gain (Loss)
on
Investments
    Total from
Investment
Operations
    Dividends
from Net
Investment
Income
    Distributions
from
Capital
Gains
    Total
Dividends
and
Distributions
    Net
Asset
Value at
End of
Period
    Total
Return(2)
    Net
Assets at
End of
Period
(000s)
    Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3)
    Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3)
    Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets
    Portfolio
Turnover
 
Hartford Value HLS Fund  

For the Six-Month Period Ended June 30, 2018 (Unaudited)

 

IA

  $   16.05     $   0.15     $   (0.34   $   (0.19   $     $     $     $ 15.86       (1.18 )%(4)    $ 414,686       0.72 %(5)      0.72 %(5)      1.83 %(5)      11

IB

    16.02       0.13       (0.33     (0.20                       15.82       (1.25 )(4)      69,288       0.97 (5)      0.97 (5)      1.57 (5)      11  

For the Year Ended December 31, 2017

 

IA

  $ 15.27     $ 0.25     $ 1.98     $ 2.23     $   (0.28   $   (1.17   $   (1.45   $   16.05       15.44   $   450,788       0.80     0.80     1.56     14

IB

    15.26       0.21       1.96       2.17       (0.24     (1.17     (1.41     16.02       15.04       75,698       1.05       1.05       1.31       14  

For the Year Ended December 31, 2016

 

IA

  $ 15.58     $ 0.28     $ 1.75     $ 2.03     $ (0.26   $ (2.08   $ (2.34   $ 15.27       13.69   $ 446,411       0.80     0.80     1.83     15

IB

    15.57       0.24       1.75       1.99       (0.22     (2.08     (2.30     15.26       13.46       77,796       1.05       1.05       1.58       15  

For the Year Ended December 31, 2015

 

IA

  $ 16.89     $ 0.26     $ (0.77   $ (0.51   $ (0.26   $ (0.54   $ (0.80   $ 15.58       (3.08 )%    $ 455,713       0.78     0.78     1.56     19

IB

    16.88       0.22       (0.77     (0.55     (0.22     (0.54     (0.76     15.57       (3.35     80,052       1.03       1.03       1.30       19  

For the Year Ended December 31, 2014

 

IA

  $ 15.39     $ 0.24     $ 1.51     $ 1.75     $ (0.25   $     $ (0.25   $ 16.89       11.37   $ 523,661       0.77     0.77     1.51     14

IB

    15.38       0.20       1.51       1.71       (0.21           (0.21     16.88       11.10       98,407       1.02       1.02       1.26       14  

For the Year Ended December 31, 2013

 

IA

  $ 11.86     $ 0.23     $ 3.55     $ 3.78     $ (0.25   $     $ (0.25   $ 15.39       31.94   $ 551,350       0.76     0.76     1.66     19

IB

    11.85       0.20       3.54       3.74       (0.21           (0.21     15.38       31.65       109,081       1.01       1.01       1.41       19  

 

(1)  Information presented relates to a share outstanding throughout the indicated period. Net investment income (loss) per share amounts are calculated based on average shares outstanding unless otherwise noted.
(2)  The figures do not include sales charges or other fees which may be applied at the variable contract level or by a qualified pension or retirement plan. Any such additional sales charges or other fees would lower the Fund’s performance.
(3)  Adjustments include waivers and reimbursements, if applicable. Ratios do not include fees paid indirectly (see Expenses in the accompanying Notes to Financial Statements).
(4)  Not annualized.
(5)  Annualized.
(6)  Commenced operations on April 30, 2014.
(7)  During the year ended December 31, 2014, the Fund incurred $61.8 million in sales associated with the transition of assets from Hartford Global Research HLS Fund, which merged into the Fund on June 23, 2014. These sales were excluded from the portfolio turnover rate calculation.
(8)  Per share amount was not in accord with the net realized and unrealized gain (loss) for the period because of the timing of transactions in shares of the Fund and the amount and timing of per-share net realized and unrealized gain (loss) on such shares.
(9)  During the year ended December 31, 2014, the Fund incurred $137.9 million in sales associated with the transition of assets from Hartford Growth HLS Fund, which merged into the Fund on June 23, 2014. These sales were excluded from the portfolio turnover rate calculation.
(10)  Net investment income (loss) per share amounts have been calculated using the Securities and Exchange Commission method.
(11)  Per share amounts have been restated to reflect a reverse stock split effective October 21, 2013. Please see Notes to Financial Statements.
(12)  Portfolio turnover shown is from October 21, 2013 (conversion date) through December 31, 2013.

 

The accompanying notes are an integral part of these financial statements.

 

 

  199  

 


Hartford HLS Funds

Notes to Financial Statements

June 30, 2018 (Unaudited)

 

 

 

1.

Organization:

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc. (each, a “Company” and collectively, the “Companies”) are each an open-end registered management investment company comprised of fifteen and four series, respectively, as of June 30, 2018. Financial statements for the series of each Company listed below (each, a “Fund” and collectively, the “Funds”) are included in this report.

Hartford Series Fund, Inc.:

Hartford Balanced HLS Fund (the “Balanced HLS Fund”)

Hartford Capital Appreciation HLS Fund (the “Capital Appreciation HLS Fund”)

Hartford Disciplined Equity HLS Fund (the “Disciplined Equity HLS Fund”)

Hartford Dividend and Growth HLS Fund (the “Dividend and Growth HLS Fund”)

Hartford Global Growth HLS Fund (the “Global Growth HLS Fund”)

Hartford Healthcare HLS Fund (the “Healthcare HLS Fund”)

Hartford High Yield HLS Fund (the “High Yield HLS Fund”)

Hartford International Opportunities HLS Fund (the “International Opportunities HLS Fund”)

Hartford MidCap HLS Fund (the “MidCap HLS Fund”)

Hartford MidCap Value HLS Fund (the “MidCap Value HLS Fund”)

Hartford Small Company HLS Fund (the “Small Company HLS Fund”)

Hartford Stock HLS Fund (the “Stock HLS Fund”)

Hartford Total Return Bond HLS Fund (the “Total Return Bond HLS Fund”)

Hartford Ultrashort Bond HLS Fund (the “Ultrashort Bond HLS Fund”)

Hartford Value HLS Fund (the “Value HLS Fund”)

Hartford HLS Series Fund II, Inc.:

Hartford Growth Opportunities HLS Fund (the “Growth Opportunities HLS Fund”)

Hartford Small Cap Growth HLS Fund (the “Small Cap Growth HLS Fund”)

Hartford Small/Mid Cap Equity HLS Fund (the “Small/Mid Cap Equity HLS Fund”)

Hartford U.S. Government Securities HLS Fund (the “U.S. Government Securities HLS Fund”)

The assets of each Fund are separate, and a shareholder’s interest is limited to the Fund in which shares are held. Each Company is organized under the laws of the State of Maryland and is registered with the Securities and Exchange Commission (the “SEC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). Each Fund serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the Funds if permitted in the variable insurance contract prospectus. In addition, participants in certain qualified pension or retirement plans may choose the Funds if permitted by their plans.

Each Fund is a diversified open-end management investment company. Each Fund applies specialized accounting and reporting standards under Accounting Standards Codification Topic 946, “Financial Services – Investment Companies.”

Each Fund, except Balanced HLS Fund, Capital Appreciation HLS Fund, Dividend and Growth HLS Fund, Global Growth HLS Fund, Growth Opportunities HLS Fund, International Opportunities HLS Fund, MidCap HLS Fund, Small/Mid Cap Equity HLS Fund and Stock HLS, is divided into Class IA and Class IB shares. Balanced HLS Fund, Capital Appreciation HLS Fund, Dividend and Growth HLS Fund, Global Growth HLS Fund, Growth Opportunities HLS Fund, International Opportunities HLS Fund, MidCap HLS Fund, Small/Mid Cap Equity HLS Fund and Stock HLS Fund are divided into Class IA, Class IB and Class IC shares. Class IC shares have not commenced operations for Balanced HLS Fund, Dividend and Growth HLS Fund, Global Growth HLS Fund, International Opportunities HLS Fund, MidCap HLS Fund, Small/Mid Cap Equity HLS Fund and Stock HLS Fund as of the date of this report. Each of Balanced HLS Fund, Capital Appreciation HLS Fund, Disciplined Equity HLS Fund, Dividend and Growth HLS Fund, Global Growth HLS Fund, Growth Opportunities HLS Fund, Healthcare HLS Fund, High Yield HLS Fund, International Opportunities HLS Fund, MidCap HLS Fund, MidCap Value HLS Fund, Small/Mid Cap Equity HLS Fund, Stock HLS Fund, Total Return Bond HLS Fund, Ultrashort Bond HLS Fund, U.S. Government Securities HLS Fund and Value HLS Fund is closed to new qualified pension and retirement plans until further notice, subject to certain exceptions. Small Cap Growth HLS Fund and Small Company HLS Fund are closed to new investors until further notice, subject to certain exceptions. For more information please see the Fund’s prospectus. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except certain class specific expenses. Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act. Class IC

 

 

  200  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

shares are subject to distribution fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act and Class IC shares are also subject to an administrative service fee.

 

2.

Significant Accounting Policies:

The following is a summary of significant accounting policies of each Fund used in the preparation of its financial statements, which are in accordance with United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

 

  a)

Determination of Net Asset Value – The NAV of each class of each Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Funds after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

 

  b)

Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV of each Fund, portfolio securities and other assets held in the Fund’s portfolio for which market prices are readily available are valued at market value. Market value is generally determined on the basis of last reported trade prices or official close price. If no trades were reported, market value is based on prices obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, a Fund will use the fair value of the security or other instrument as determined in good faith under policies and procedures established by and under the supervision of the respective Company’s Board of Directors. Market prices are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or broker quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close, that materially affect the values of a Fund’s portfolio holdings or assets. In addition, market prices are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the securities or other instruments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets will generally be adjusted daily pursuant to a fair value pricing service approved by the respective Company’s Board of Directors in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Securities and other instruments that are primarily traded on foreign markets may trade on days that are not business days of the Funds. The value of the foreign securities or other instruments in which a Fund invests may change on days when a shareholder will not be able to purchase or redeem shares of the Fund. Fair value pricing is subjective in nature and the use of fair value pricing by a Fund may cause the NAV of its shares to differ significantly from the NAV that would have been calculated using market prices at the close of the exchange on which a portfolio holding is primarily traded. There can be no assurance that a Fund could obtain the fair value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

Fixed income investments (other than short-term obligations and senior floating rate interests), non-exchange-traded derivatives and centrally cleared swaps held by a Fund are normally valued on the basis of quotes obtained from brokers and dealers or independent pricing services in accordance with procedures established by the respective Company’s Board of Directors. Prices obtained from independent pricing services use information provided by market makers or estimates of market values obtained from yield data relating to investments or securities with similar characteristics. Senior floating rate interests generally trade in over-the-counter (“OTC”) markets and are priced through an independent pricing service utilizing independent market quotations from loan dealers or financial institutions. Generally, a Fund may use fair valuation in regard to fixed income positions when the Fund holds defaulted or distressed investments or investments in a company in which a reorganization is pending. Short-term investments maturing in 60 days or less are generally valued at amortized cost if their original term to maturity was 60 days or less, or by amortizing their value on the 61st day prior to maturity, if the original term exceeded 60 days.

Exchange-traded options, futures and options on futures are valued at the settlement price or last trade price determined by the relevant exchange as of the NYSE Close. If a last trade price is not available, the value will be the mean of the bid and ask prices as of the NYSE Close. If a mean of the bid and ask prices cannot be calculated for the day, the value will be the bid price as of the NYSE Close. In the case of options privately negotiated in the OTC market (“OTC options”) and such instruments that do not trade on an exchange, values may be supplied by a pricing service using a formula or other objective method that may take into consideration the style, direction, expiration, strike price, notional value and volatility or other special adjustments.

 

 

  201  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Investments valued in currencies other than U.S. dollars are converted to U.S. dollars using exchange rates obtained from independent pricing services for calculation of the NAV. As a result, the NAV of a Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of securities or other instruments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed and the market value may change on days when an investor is not able to purchase, redeem or exchange shares of a Fund.

Foreign currency contracts represent agreements to exchange currencies on specific future dates at predetermined rates. Foreign currency contracts are valued using foreign currency exchange rates and forward rates as provided by an independent pricing service on the Valuation Date.

Investments in open-end mutual funds are valued at the respective NAV of each open-end mutual fund as determined in accordance with its valuation procedures. Such open-end mutual funds may use fair value pricing as disclosed in their prospectus.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the respective Company’s Board of Directors.

U.S. GAAP defines fair value as the price that a Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of each Fund‘s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

 

   

Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange-traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange-traded funds, rights and warrants.

   

Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange-traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; senior floating rate interests, which are valued using an aggregate of dealer bids; short-term investments, which are valued at amortized cost; and swaps, which are valued based upon the terms of each swap contract.

   

Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

The Board of Directors of each Company generally reviews and approves the “Procedures for Valuation of Portfolio Investments” at least once a year. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative source is believed not to reflect the investment’s fair value as of the Valuation Date. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of such Fund’s sub-adviser, as applicable, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of each Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “lookback” test). The Board of Directors of each Company then must consider for ratification all of the fair value determinations made during the previous quarter.

 

 

  202  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Fair Valuation Summary and the Level 3 roll-forward reconciliation, if applicable, which follows each Fund’s Schedule of Investments.

Following is quantitative information about Level 3 fair value measurements:

Growth Opportunities HLS Fund Level 3 Holdings on June 30, 2018

Quantitative Information about Level 3 Fair Value Measurements:

 

Security Type / Valuation Technique*

    

Unobservable Input

     Input Value(s)
Range
       Fair Value at
June 30, 2018
 

Common Stock

              

Cost

    

Trade Price

       $0.00 to $61.81        $ 8,565,473  

Model

    

EV/Estimated Revenue

       2.3x to 3.8x          5,706,328  

Model

    

Price/Earnings

       18.7x          2,611,140  

Preferred Stock

              

Model

    

EV/Estimated Revenue

       2.1x to 3.8x          7,675,259  

Cost

    

Trade Price

       $4.97 to $40.00          34,691,359  

Convertible Preferred Stock

              

Model

    

EV/Estimated Revenue

       3.8x to 6.4x          7,142,652  

Cost

    

Trade Price

       $25.64 to $61.81          28,354,889  
              

 

 

 

Total

               $     94,747,100  
              

 

 

 

 

  *

The Valuation Committee may consider applying appropriate valuation methodologies, which may include, but are not limited to: valuation through use of a “proxy” investment or index, discount from market value of a similar freely traded investment, a discount or premium which may consider market or regulatory sentiment (or other subjective determinations, inputs or factors not otherwise quantifiable), and any other appropriate method.

Small Company HLS Fund Level 3 Holdings on June 30, 2018

Quantitative Information about Level 3 Fair Value Measurements:

 

Security Type / Valuation Technique*

    

Unobservable Input

     Input Value(s)
Range
       Fair Value at
June 30, 2018
 

Common Stock

              

Cost

    

Trade Price

       $0.00 to $4.02        $ 724,657  

Model

    

EV/EBITDA

       6.2x          2,307,544  

Model

    

EV/Estimated Revenue

       2.3x to 2.8x          4,113,174  

Preferred Stock

              

Model

    

EV/Estimated Revenue

       2.1x          4,103,000  

Cost

    

Trade Price

       $36.37          2,617,521  

Convertible Preferred Stock

              

Cost

    

Trade Price

       $25.64          13,156,837  
              

 

 

 

Total

               $     27,022,733  
              

 

 

 

 

  *

The Valuation Committee may consider applying appropriate valuation methodologies, which may include, but are not limited to: valuation through use of a “proxy” investment or index, discount from market value of a similar freely traded investment, a discount or premium which may consider market or regulatory sentiment (or other subjective determinations, inputs or factors not otherwise quantifiable), and any other appropriate method.

 

  c)

Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

Trade date for senior floating rate interests purchased in the primary loan market is considered the date on which the loan allocations are determined. Trade date for senior floating rate interests purchased in the secondary loan market is the date on which the transaction is entered into.

 

 

  203  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, a Fund will record the dividend as soon as the relevant details (i.e., rate per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium, accretion of discounts, inflation adjustments and additional principal received in-kind in lieu of cash, is accrued on a daily basis. Paydown gains and losses on mortgage-related and other asset-backed securities are included in interest income in the Statements of Operations, as applicable.

 

  d)

Taxes – A Fund may be subject to taxes imposed on realized gains on securities of certain foreign countries in which such a Fund invests. A Fund may also be subject to taxes withheld on foreign dividends from securities in which the Fund invests. The amount of any foreign taxes withheld and foreign tax expense is included on the accompanying Statements of Operations as a reduction to investment income or net realized gain on investments in these securities, if applicable.

 

  e)

Foreign Currency Transactions – Assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates in effect on the Valuation Date. Purchases and sales of investments, income and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions.

A Fund does not isolate that portion of portfolio investment valuation resulting from fluctuations in the foreign currency exchange rates from the fluctuations arising from changes in the market prices of investments held. Exchange rate fluctuations are included with the net realized and unrealized gain or loss on investments in the accompanying financial statements.

Net realized foreign exchange gains or losses arise from sales of foreign currencies and the difference between asset and liability amounts initially stated in foreign currencies and the U.S. dollar value of the amounts actually received or paid. Net unrealized foreign exchange gains or losses arise from changes in the value of other assets and liabilities at the end of the reporting period, resulting from changes in the exchange rates.

 

  f)

Joint Trading Account – A Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements.

 

  g)

Fund Share Valuation and Dividend Distributions to Shareholders – Orders for each Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of each Fund’s shares is determined as of the close of business on each business day of the Exchange (see Note 2(a)). The NAV is determined separately for each class of shares of a Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by a Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class of the Fund. Realized and unrealized gains and losses are allocated daily based on the relative net assets of each class of shares of each Fund.

Orders for the purchase of a Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Funds are not open for business, are priced at the next determined NAV.

Dividends are declared pursuant to a policy adopted by the respective Company’s Board of Directors. Dividends and/or distributions to shareholders are recorded on ex-date. The policy of each Fund is to pay dividends from net investment income and realized gains, if any, at least once a year.

Income dividends and capital gains distributions are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing (see Federal Income Taxes: Distributions and Components of Distributable Earnings and Reclassification of Capital Accounts notes).

 

3.

Securities and Other Investments:

 

  a)

Illiquid and Restricted Investments – Each Fund is permitted to invest up to 15% of its net assets in illiquid investments. Illiquid investments are those that may not be sold or disposed of in the ordinary course of business within seven days, at approximately the price used to determine a Fund’s NAV. A Fund may not be able to sell illiquid investments when its sub-adviser considers it desirable

 

 

  204  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

  to do so or may have to sell such investments at a price that is lower than the price that could be obtained if the investments were more liquid. A sale of illiquid investments may require more time and may result in higher dealer discounts and other selling expenses than does the sale of those that are liquid. Illiquid investments also may be more difficult to value due to the unavailability of reliable market quotations for such investments, and an investment in them may have an adverse impact on a Fund’s NAV. Each Fund may also purchase certain investments that can only be resold to certain qualified investors and may be determined to be liquid pursuant to policies and guidelines established by the respective Company’s Board of Directors. See each Fund’s Schedule of Investments, if applicable, for illiquid or restricted investments as of June 30, 2018.

 

  b)

Investments Purchased on a When-Issued or Delayed-Delivery Basis – Delivery and payment for investments that have been purchased by a Fund on a forward commitment, or when-issued or delayed-delivery basis, take place beyond the customary settlement period. A Fund may dispose of or renegotiate a delayed-delivery transaction after it is entered into, and may sell delayed-delivery investments before they are delivered, which may result in a realized gain or loss. During this period, such investments are subject to market fluctuations, and a Fund identifies investments segregated in its records with a value at least equal to the amount of the commitment. See each Fund’s Schedule of Investments, if applicable, for when-issued or delayed-delivery investments as of June 30, 2018.

In connection with a Fund’s ability to purchase investments on a when-issued or forward commitment basis, the Fund may enter into to-be announced (“TBA”) commitments. TBA commitments are forward agreements for the purchase or sale of mortgage-backed securities for a fixed price, with payment and delivery on an agreed-upon future settlement date. The specific securities to be delivered are not identified at the trade date; however, delivered securities must meet specified terms, including issuer, rate and mortgage terms. Although a Fund may enter into TBA commitments with the intention of acquiring or delivering securities for its portfolio, the Fund can extend the settlement date, roll the transaction, or dispose of a commitment prior to settlement if deemed appropriate to do so. If the TBA commitment is closed through the acquisition of an offsetting TBA commitment, a Fund realizes a gain or loss. In a TBA roll transaction, a Fund generally purchases or sells the initial TBA commitment prior to the agreed upon settlement date and enters into a new TBA commitment for future delivery or receipt of the mortgage backed securities. TBA commitments involve a risk of loss if the value of the security to be purchased or sold declines or increases, respectively, prior to settlement date. These transactions are excluded from a Fund’s portfolio turnover rate. See each Fund’s Schedule of Investments, if applicable, for TBA commitments as of June 30, 2018.

 

  c)

Senior Floating Rate Interests – Certain Funds may invest in senior floating rate interests. Senior floating rate interests generally hold the most senior position in the capital structure of a business entity (the “Borrower”), are typically secured by specific collateral and have a claim on the assets and/or stock of the Borrower that is senior to that held by subordinated debtholders and stockholders of the Borrower. Senior floating rate interests are typically structured and administered by a financial institution that acts as the agent of the lenders participating in the senior floating rate interest. A Fund may invest in multiple series or tranches of a senior floating rate interest, which may have varying terms and carry different associated risks. A Fund may also enter into unfunded loan commitments, which are contractual obligations for future funding. Unfunded loan commitments may include revolving credit facilities, which may obligate the Fund to supply additional cash to the Borrower on demand. Unfunded loan commitments represent a future obligation in full. A Fund may receive a commitment fee based on the undrawn portion of the underlying line of credit portion of a senior floating rate interest. In certain circumstances, a Fund may receive various fees upon the restructure of a senior floating rate interest by a borrower. Fees earned/paid may be recorded as a component of income or realized gain/loss in the Statements of Operations.

Senior floating rate interests are typically rated below-investment-grade, which suggests they are more likely to default and generally pay higher interest rates than investment-grade loans. A default could lead to non-payment of income, which would result in a reduction of income to a Fund, and there can be no assurance that the liquidation of any collateral would satisfy the Borrower’s obligation in the event of non-payment of scheduled interest or principal payments, or that such collateral could be readily liquidated. See each Fund’s Schedule of Investments, if applicable, for outstanding senior floating rate interests as of June 30, 2018.

 

  d)

Mortgage-Related and Other Asset-Backed Securities – A Fund may invest in mortgage-related and other asset-backed securities. These securities include mortgage pass-through securities, collateralized mortgage obligations, commercial mortgage-backed securities, stripped mortgage-backed securities, asset-backed securities, collateralized debt obligations and other securities that directly or indirectly represent a participation in, or are secured by and payable from, mortgage loans on real property. Mortgage-related securities are created from pools of residential or commercial mortgage loans, including mortgage loans made by savings and loan institutions, mortgage bankers, commercial banks and others. Asset-backed securities are created from many types of assets, including auto loans, credit card receivables, home equity loans, and student loans. These securities provide a monthly payment that

 

 

  205  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

  consists of both interest and principal payments. Interest payments may be determined by fixed or adjustable rates. The rate of prepayments on underlying mortgages will affect the price and volatility of a mortgage-related security, and may have the effect of shortening or extending the effective duration of the security relative to what was anticipated at the time of purchase. The timely payment of principal and interest of certain mortgage-related securities is guaranteed by the full faith and credit of the United States Government. Mortgage-related and other asset-backed securities created and guaranteed by non-governmental issuers, including government-sponsored corporations, may be supported by various forms of insurance or guarantees, but there can be no assurance that the private insurers or guarantors can meet their obligations under the insurance policies or guarantee arrangements. See each Fund’s Schedule of Investments, if applicable, for mortgage-related and other asset-backed securities as of June 30, 2018.

 

  e)

Inflation-Indexed Bonds – A Fund may invest in inflation-indexed bonds. Inflation-indexed bonds are fixed income investments whose principal value is periodically adjusted to the rate of inflation. The interest rate on these bonds is generally fixed at issuance at a rate lower than typical bonds. Over the life of an inflation-indexed bond, however, interest will be paid based on a principal value, which is adjusted for inflation. Any increase or decrease in the principal amount of an inflation-indexed bond will be included as interest income on the Statements of Operations, even though investors do not receive the principal amount until maturity. See each Fund’s Schedule of Investments, if applicable, for inflation-indexed bonds as of June 30, 2018.

 

4.

Financial Derivative Instruments:

The following disclosures contain information on how and why a Fund may use derivative instruments, the credit-risk-related contingent features in certain derivative instruments, and how derivative instruments affect a Fund’s financial position and results of operations. The location and fair value amounts of these instruments on the Statements of Assets and Liabilities and the realized gains and losses and changes in unrealized gains and losses on the Statements of Operations, each categorized by type of derivative contract, are included in the following Additional Derivative Instrument Information footnote. The derivative instruments outstanding as of period-end are disclosed in the notes to the Schedules of Investments, if applicable. The amounts of realized gains and losses and changes in unrealized gains and losses on derivative instruments during the period are disclosed in the Statements of Operations.

 

  a)

Foreign Currency Contracts – A Fund may enter into foreign currency contracts that obligate the Fund to purchase or sell currencies at specified future dates. Foreign currency contracts may be used in connection with settling purchases or sales of securities to hedge the currency exposure associated with some or all of a Fund’s investments and/or as part of an investment strategy. Foreign currency contracts are marked to market daily and the change in value is recorded by a Fund as an unrealized gain or loss. A Fund will record a realized gain or loss when the foreign currency contract is settled.

Foreign currency contracts involve elements of market risk in excess of the amounts reflected in the Statements of Assets and Liabilities. In addition, risks may arise upon entering into these contracts from the potential inability of the counterparties to meet the terms of the contracts and from unanticipated movements in the value of the foreign currencies relative to the U.S. dollar. Upon entering into a foreign currency contract, a Fund may be required to post margin equal to its outstanding exposure thereunder.

During the six-month period ended June 30, 2018, Capital Appreciation HLS Fund, High Yield HLS Fund and Total Return Bond HLS Fund had used Foreign Currency Contracts.

 

  b)

Futures Contracts – A Fund may enter into futures contracts. A futures contract is an agreement between two parties to buy or sell an asset at a set price on a future date. A Fund may use futures contracts to manage risk or obtain exposure to the investment markets, commodities, or movements in interest rates and currency values. The primary risks associated with the use of futures contracts are the imperfect correlation between the change in market value of the investments held by a Fund and the prices of futures contracts and the possibility of an illiquid market. Upon entering into a futures contract, a Fund is required to deposit with a futures commission merchant (“FCM”) an amount of cash or U.S. Government or Agency Obligations in accordance with the initial margin requirements of the broker or exchange. Futures contracts are marked to market daily and an appropriate amount equal to the change in value (“variation margin”) is paid or received by a Fund. Gains or losses are recognized but not considered realized until the contracts expire or are closed. Futures contracts involve, to varying degrees, risk of loss in excess of the variation margin disclosed on the Statements of Assets and Liabilities.

During the six-month period ended June 30, 2018, Balanced HLS Fund, Capital Appreciation HLS Fund, Total Return Bond HLS Fund and U.S. Government Securities HLS Fund had used Futures Contracts.

 

  c)

Options Contracts – An option contract is a contract sold by one party to another party that offers the buyer the right, but not the obligation, to buy (call) or sell (put) an investment or other financial asset at an agreed-upon price during a specific period of time or

 

 

  206  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

  on a specific date. Option contracts are either OTC options or executed in a registered exchange (“exchange-traded options”). A Fund may write (sell) covered call and put options on futures, swaps (“swaptions”), securities, commodities or currencies. “Covered” means that so long as a Fund is obligated as the writer of an option, it will own either the underlying investments or currency or an option to purchase the same underlying investments or currency having an expiration date of the covered option and an exercise price equal to or less than the exercise price of the covered option, or will segregate or earmark cash or other liquid investments having, for written call options, a value equal to the greater of the exercise price or the market value of the underlying instrument and, for written put options, a value equal to the exercise price. Writing put options may increase a Fund’s exposure to the underlying instrument. Writing call options may decrease a Fund’s exposure to the underlying instrument. Premiums received from writing options that expire are treated as realized gains. Premiums received from writing options that are exercised or closed are added to the proceeds or offset amounts paid on the underlying futures, swap, investment or currency transaction to determine the realized gain or loss. A Fund, as a writer of an option, has no control over whether the underlying instrument may be sold (call) or purchased (put) and as a result bears the market risk of an unfavorable change in the price of the instrument underlying the written option. There is the risk a Fund may not be able to enter into a closing transaction because of an illiquid market. A Fund may also purchase put and call options. Purchasing call options may increase a Fund’s exposure to the underlying instrument. Purchasing put options may decrease a Fund’s exposure to the underlying instrument. A Fund pays a premium, which is included on the Fund’s Statements of Assets and Liabilities as an investment and is subsequently marked to market to reflect the current value of the option. Premiums paid for purchasing options that expire are treated as realized losses. Certain options may be purchased with premiums to be determined on a future date. The premiums for these options are based upon implied volatility parameters at specified terms. The risk associated with purchasing put and call options is generally limited to the premium paid. Premiums paid for purchasing options that are exercised or closed are added to the amounts paid or offset against the proceeds on the underlying investment transaction to determine the realized gain or loss. Entering into OTC options also exposes a Fund to counterparty risk. Counterparty risk is the possibility that the counterparty to the agreements may default on its obligation to perform or disagree as to the meaning of the contractual terms in the agreements.

During the six-month period ended June 30, 2018, Total Return Bond HLS Fund had used Options Contracts.

 

  d)

Swap Contracts – A Fund may invest in swap contracts. Swap contracts are agreements to exchange or swap investment cash flows, assets, foreign currencies or market-linked returns at specified, future intervals. Swap contracts are either privately negotiated in the over-the-counter market (“OTC swaps”) or cleared through a central counterparty or derivatives clearing organization (“centrally cleared swaps”). A Fund may enter into credit default, total return, cross-currency, interest rate, inflation and other forms of swap contracts to manage its exposure to credit, currency, interest rate, commodity and inflation risk. Swap contracts are also used to gain exposure to certain markets. In connection with these contracts, investments or cash may be identified as collateral or margin in accordance with the terms of the respective swap contracts and/or master netting arrangement to provide assets of value and recourse in the event of default or bankruptcy/insolvency.

Swaps are valued based on custom valuations furnished by an independent pricing service. Swaps for which prices are not available from an independent pricing service are valued in accordance with procedures established by the respective Company’s Board of Directors. Changes in market value, if any, are reflected as a component of net changes in unrealized appreciation or depreciation on the Statements of Operations. Daily changes in valuation of centrally cleared swaps, if any, are recorded as a receivable or payable for the change in value (“variation margin”) on the Statements of Assets and Liabilities. Realized gains or losses on centrally cleared swaps are recorded upon the termination of the swap. OTC swap payments received or paid at the beginning of the measurement period are reflected as such on the Statements of Assets and Liabilities and represent premiums paid or received upon entering into the swap contract to compensate for differences between the stated terms of the swap contract and prevailing market conditions (credit spreads, currency exchange rates, interest rates and other relevant factors). These upfront premiums are recorded as realized gains or losses on the Statements of Operations upon termination or maturity of the swap. A liquidation payment received or made at the termination or maturity of the swap is recorded as a realized gain or loss on the Statements of Operations. Net periodic payments received or paid by a Fund are included as part of realized gains or losses on the Statements of Operations.

Entering into these contracts involves, to varying degrees, elements of liquidation, counterparty, credit and market risk in excess of the amounts recognized on the Statements of Assets and Liabilities. Such risks involve the possibility that there will be no liquid market for these contracts, that the counterparty to the contracts may default on its obligation to perform or disagree as to the meaning of contractual terms in the contracts, and that there may be unfavorable changes in market conditions (credit spreads, currency exchange rates, interest rates and other relevant factors).

 

 

  207  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

A Fund’s maximum risk of loss from counterparty risk for OTC swaps is the net value of the discounted cash flows to be received from the counterparty over the contract’s remaining life, and current market value, to the extent that amount is positive. The risk is mitigated by having a master netting arrangement between a Fund and the counterparty, which allows for the netting of payments made or received (although such amounts are presented on a gross basis within the Statements of Assets and Liabilities, as applicable) as well as the posting of collateral to a Fund to cover the Fund’s exposure to the counterparty. In a centrally cleared swap, while a Fund enters into an agreement with a clearing broker to execute contracts with a counterparty, the performance of the swap is guaranteed by the central clearinghouse, which reduces the Fund’s exposure to counterparty risk. However, the Fund is still exposed to a certain amount of counterparty risk through the clearing broker and clearinghouse. The clearinghouse attempts to minimize this risk to its participants through the use of mandatory margin requirements, daily cash settlements and other procedures. Likewise, the clearing broker reduces its risk through margin requirements and required segregation of customer balances.

Credit Default Swap Contracts – The credit default swap market allows a Fund to manage credit risk through buying and selling credit protection on a specific issuer, asset or basket of assets. Certain credit default swaps involve the exchange of a fixed rate premium for protection against the loss in value of an underlying investment or index in the event of a credit event, such as payment default or bankruptcy.

Under a credit default swap contract, one party acts as guarantor by receiving the fixed periodic payment in exchange for the commitment to purchase the underlying investment at par if the defined credit event occurs. Upon the occurrence of a defined credit event, the difference between the value of the reference obligation and the swap’s notional amount is recorded as realized gain or loss on swap transactions in the Statements of Operations. A “buyer” of credit protection agrees to pay a counterparty to assume the credit risk of an issuer upon the occurrence of certain events. The “seller” of the protection receives periodic payments and agrees to assume the credit risk of an issuer upon the occurrence of certain events. Although specified events are contract specific, credit events are generally defined as bankruptcy, failure to pay, restructuring, obligation acceleration, obligation default or repudiation/moratorium. A “seller’s” exposure is limited to the total notional amount of the credit default swap contract. These potential amounts would be partially offset by any recovery values of the respective referenced obligations or upfront payments received upon entering into the contract.

Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap contracts on corporate issues, sovereign government issues or U.S. municipal issues as of year-end are disclosed in the notes to the Schedules of Investments, as applicable, and serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and there may also be upfront payments required to be made to enter into the contract. Wider credit spreads represent a deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the contract. For credit default swap contracts on credit indices, the quoted market prices and resulting values serve as the indicator of the current status of the payment/performance risk. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the referenced equity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the contract.

During the six-month period ended June 30, 2018, Total Return Bond HLS Fund had used Credit Default Swap Contracts.

Interest Rate Swap Contracts – Certain Funds are subject to interest rate risk exposure in the normal course of pursuing its investment objectives. A Fund may use interest rate swaps to hedge interest rate and duration risk across a portfolio at particular duration points to maintain its ability to generate income at prevailing market rates. In a typical interest rate swap, one party agrees to make regular payments equal to a floating interest rate, based on a specified interest rate or benchmark (e.g. London Interbank Offered Rate (“LIBOR”)), multiplied by a notional amount, in return for payments equal to a fixed rate multiplied by the same amount, for a specific period of time. The net interest received or paid on interest rate swap contracts is recorded as a realized gain or loss. Interest rate swaps are marked to market daily and the change, if any, is recorded as an unrealized gain or loss in the Statements of Operations. When the interest rate swap contract is terminated early, a Fund records a realized gain or loss equal to the difference between the current market value and the upfront premium or cost.

If an interest rate swap contract provides for payments in different currencies, the parties might agree to exchange the notional amount as well. Interest rate swaps may also depend on other prices or rates, such as the value of an index. The risks of interest rate swaps include changes in market conditions which will affect the value of the contract or the cash flows and the possible inability of the counterparty to fulfill its obligations under the contract. A Fund’s maximum risk of loss from counterparty credit risk is the discounted net value of the cash flows to be received from the counterparty over the contract’s remaining life, to the extent that amount is positive.

 

 

  208  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

During the six-month period ended June 30, 2018, Total Return Bond HLS Fund and U.S. Government Securities HLS Fund had used Interest Rate Swap Contracts.

Total Return Swap Contracts – Certain Funds may invest in total return swap contracts in pursuit of the Fund’s investment objective or for hedging purposes. An investment in a total return swap allows a Fund to gain or mitigate exposure to underlying reference assets. Total return swap contracts involve commitments where cash flows are exchanged based on the price of underlying reference assets and based on a fixed or variable interest rate. One party receives payments based on the price appreciation or depreciation of the underlying reference asset, in exchange for paying to or receiving from the counterparty seller an agreed-upon interest rate. A variable interest rate may be correlated to a base rate, such as the LIBOR, and is adjusted each reset period, which is defined at the beginning of the contract. Therefore, if interest rates increase over the term of the swap contract, the party paying the rate may be required to pay a higher rate at each swap reset date.

Total return swap contracts on indices involve commitments to pay interest in exchange for a market-linked return. One party pays out the total return of a specific reference asset, which may be an equity, index, or bond, and in return receives a regular stream of payments. To the extent the total return of the security or index underlying the transaction exceeds or falls short of the offsetting interest rate obligation, a Fund will receive a payment from or make a payment to the counterparty. If the Fund is a payer in a total return swap, it may be subject to unlimited losses. They are also subject to counterparty risk. If the counterparty fails to meet its obligations, the Fund may lose money.

During the six-month period ended June 30, 2018, Total Return Bond HLS Fund had used Total Return Swap Contracts.

 

  e)

Additional Derivative Instrument Information:

Balanced HLS Fund

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2018:

 

     Risk Exposure Category  
     Interest Rate
Contracts
     Foreign
Exchange
Contracts
     Credit
Contracts
     Equity
Contracts
     Commodity
Contracts
     Other
Contracts
     Total  

Assets:

 

Unrealized appreciation on futures contracts(1)

   $     176,651      $     —      $     —      $     —      $     —      $     —      $     176,651  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 176,651      $      $      $      $      $      $ 176,651  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Liabilities:

 

Unrealized depreciation on futures contracts(1)

   $ 29,496      $      $      $      $      $      $ 29,496  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 29,496      $      $      $      $      $      $ 29,496  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

The Effect of Derivative Instruments on the Statement of Operations for the period ended June 30, 2018

 

     Risk Exposure Category  
     Interest Rate
Contracts
    Foreign
Exchange
Contracts
     Credit
Contracts
     Equity
Contracts
     Commodity
Contracts
     Other
Contracts
     Total  

Realized Gain (Loss) on Derivatives Recognized as a Result of Operations:

 

Net realized gain (loss) on futures contracts

   $     1,479,444     $     —      $     —      $     —      $     —      $     —      $     1,479,444  
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 1,479,444     $      $      $      $      $      $ 1,479,444  
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:

 

Net change in unrealized appreciation (depreciation) of futures contracts

   $ (41,147   $      $      $      $      $      $ (41,147
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ (41,147   $      $      $      $      $      $ (41,147
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

 

  209  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Balanced HLS Fund – (continued)

For the period ended June 30, 2018, the average amount or number per contract outstanding for each derivative type was as follows:

 

Derivative Description

   Average Notional
Par, Contracts
or Face Amount
 

Futures Contracts Long at Number of Contracts

     354  

Futures Contracts Short at Number of Contracts

     (282

Capital Appreciation HLS Fund

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2018:

 

     Risk Exposure Category  
     Interest Rate
Contracts
     Foreign
Exchange
Contracts
     Credit
Contracts
     Equity
Contracts
     Commodity
Contracts
     Other
Contracts
     Total  

Assets:

 

Unrealized appreciation on foreign currency contracts

   $      $     92,380      $      $      $      $      $ 92,380  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $      $ 92,380      $      $      $      $      $ 92,380  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Liabilities:

 

Unrealized depreciation on futures contracts(1)

   $      $      $      $ 625,396      $      $      $ 625,396  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     —      $      $     —      $     625,396      $     —      $     —      $     625,396  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

The Effect of Derivative Instruments on the Statement of Operations for the period ended June 30, 2018

 

     Risk Exposure Category  
     Interest Rate
Contracts
     Foreign
Exchange
Contracts
    Credit
Contracts
     Equity
Contracts
    Commodity
Contracts
     Other
Contracts
     Total  

Realized Gain (Loss) on Derivatives Recognized as a Result of Operations:

 

Net realized gain (loss) on foreign currency contracts

   $      $ (18,367   $      $     $      $      $ (18,367
  

 

 

    

 

 

   

 

 

    

 

 

   

 

 

    

 

 

    

 

 

 

Total

   $      $ (18,367   $      $     $      $      $ (18,367
  

 

 

    

 

 

   

 

 

    

 

 

   

 

 

    

 

 

    

 

 

 

Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:

 

Net change in unrealized appreciation (depreciation) of futures contracts

   $      $     $      $ (625,396   $      $      $ (625,396

Net change in unrealized appreciation (depreciation) of foreign currency contracts

            322,583                                  322,583  
  

 

 

    

 

 

   

 

 

    

 

 

   

 

 

    

 

 

    

 

 

 

Total

   $     —      $     322,583     $     —      $     (625,396   $     —      $     —      $     (302,813
  

 

 

    

 

 

   

 

 

    

 

 

   

 

 

    

 

 

    

 

 

 

For the period ended June 30, 2018, the average amount or number per contract outstanding for each derivative type was as follows:

 

Derivative Description

   Average Notional
Par, Contracts
or Face Amount
 

Futures Contracts Long at Number of Contracts

     405  

Foreign Currency Contracts Purchased at Contract Amount

   $ 6,116,812  

Foreign Currency Contracts Sold at Contract Amount

   $     21,756,469  

 

 

  210  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

High Yield HLS Fund

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2018:

 

     Risk Exposure Category  
     Interest Rate
Contracts
     Foreign
Exchange
Contracts
     Credit
Contracts
     Equity
Contracts
     Commodity
Contracts
     Other
Contracts
     Total  

Assets:

 

Unrealized appreciation on foreign currency contracts

   $      $ 183      $      $      $      $      $ 183  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     —      $ 183      $     —      $     —      $     —      $     —      $ 183  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Liabilities:

 

Unrealized depreciation on foreign currency contracts

   $      $     21,009      $      $      $      $      $     21,009  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $      $ 21,009      $      $      $      $      $ 21,009  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

The Effect of Derivative Instruments on the Statement of Operations for the period ended June 30, 2018

 

     Risk Exposure Category  
     Interest Rate
Contracts
     Foreign
Exchange
Contracts
     Credit
Contracts
     Equity
Contracts
     Commodity
Contracts
     Other
Contracts
     Total  

Realized Gain (Loss) on Derivatives Recognized as a Result of Operations:

 

Net realized gain (loss) on foreign currency contracts

   $     —      $     152,096      $     —      $     —      $     —      $     —      $     152,096  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $      $ 152,096      $      $      $      $      $ 152,096  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:

 

Net change in unrealized appreciation (depreciation) of foreign currency contracts

   $      $ 39,717      $      $      $      $      $ 39,717  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $      $ 39,717      $      $      $      $      $ 39,717  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

For the period ended June 30, 2018, the average amount or number per contract outstanding for each derivative type was as follows:

 

Derivative Description

   Average Notional
Par, Contracts
or Face Amount
 

Foreign Currency Contracts Purchased at Contract Amount

   $ 3,465,145  

Foreign Currency Contracts Sold at Contract Amount

   $     5,256,081  

Total Return Bond HLS Fund

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2018:

 

     Risk Exposure Category  
     Interest Rate
Contracts
     Foreign
Exchange
Contracts
     Credit
Contracts
     Equity
Contracts
     Commodity
Contracts
     Other
Contracts
     Total  

Assets:

 

Investments in securities, at value (purchased options), market value

   $ 6,705,508      $      $      $      $      $      $ 6,705,508  

Unrealized appreciation on futures contracts(1)

     3,666,288                                           3,666,288  

Unrealized appreciation on foreign currency contracts

            148,902                                    148,902  

Unrealized appreciation on swap contracts(2)

     3,796,750               1,910,900                             5,707,650  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     14,168,546      $     148,902      $     1,910,900      $     —      $     —      $     —      $     16,228,348  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Liabilities:

 

Unrealized depreciation on futures contracts(1)

   $ 1,239,095      $      $      $      $      $      $ 1,239,095  

Unrealized depreciation on foreign currency contracts

            258,124                                    258,124  

Unrealized depreciation on swap contracts(2)

     1,242,360               2,132,284                             3,374,644  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 2,481,455      $ 258,124      $ 2,132,284      $      $      $      $ 4,871,863  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

 

  211  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Total Return Bond HLS Fund – (continued)

The Effect of Derivative Instruments on the Statement of Operations for the period ended June 30, 2018

 

     Risk Exposure Category  
     Interest Rate
Contracts
    Foreign
Exchange
Contracts
    Credit
Contracts
    Equity
Contracts
    Commodity
Contracts
     Other
Contracts
     Total  

Realized Gain (Loss) on Derivatives Recognized as a Result of Operations:

 

Net realized gain (loss) on purchased options contracts

   $ 423,547     $     $     $     $      $      $ 423,547  

Net realized gain (loss) on futures contracts

     (17,370,649                                     (17,370,649

Net realized gain (loss) on written options contracts

     468,606                   (104,335                   364,271  

Net realized gain (loss) on swap contracts

     3,093,485             (1,708,130                         1,385,355  

Net realized gain (loss) on foreign currency contracts

           (1,392,118                               (1,392,118
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

    

 

 

 

Total

   $     (13,385,011   $     (1,392,118   $     (1,708,130   $     (104,335   $     —      $     —      $     (16,589,594
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

    

 

 

 

Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:

 

Net change in unrealized appreciation (depreciation) of investments in purchased options contracts

   $ (455,374   $     $     $     $      $      $ (455,374

Net change in unrealized appreciation (depreciation) of futures contracts

     4,075,641                                       4,075,641  

Net change in unrealized appreciation (depreciation) of swap contracts

     2,319,400             2,852,681                           5,172,081  

Net change in unrealized appreciation (depreciation) of foreign currency contracts

           372,472                                 372,472  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

    

 

 

 

Total

   $ 5,939,667     $ 372,472     $ 2,852,681     $     $      $      $ 9,164,820  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

    

 

 

    

 

 

 

For the period ended June 30, 2018, the average amount or number per contract outstanding for each derivative type was as follows:

 

Derivative Description

   Average Notional
Par, Contracts
or Face Amount
 

Purchased Options Contracts at Number of Contracts

     174,981,333  

Futures Contracts Long at Number of Contracts

     4,679  

Futures Contracts Short at Number of Contracts

     (1,662

Written Options Contracts at Number of Contracts

         (263,572,110

Swap Contracts at Notional Amount

   $ 497,953,791  

Foreign Currency Contracts Purchased at Contract Amount

   $ 7,819,423  

Foreign Currency Contracts Sold at Contract Amount

   $ 40,342,143  

U.S. Government Securities HLS Fund

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2018:

 

     Risk Exposure Category  
     Interest Rate
Contracts
     Foreign
Exchange
Contracts
     Credit
Contracts
     Equity
Contracts
     Commodity
Contracts
     Other
Contracts
     Total  

Assets:

 

Unrealized appreciation on futures contracts(1)

   $     560,959      $     —      $     —      $     —      $     —      $     —      $     560,959  

Unrealized appreciation on swap contracts(2)

     403,341                                           403,341  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 964,300      $      $      $      $      $      $ 964,300  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Liabilities:

 

Unrealized depreciation on futures contracts(1)

   $ 37,232      $      $      $      $      $      $ 37,232  

Unrealized depreciation on swap contracts(2)

     110,734                                           110,734  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 147,966      $      $      $      $      $      $ 147,966  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

 

  212  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

U.S. Government Securities HLS Fund – (continued)

The Effect of Derivative Instruments on the Statement of Operations for the period ended June 30, 2018

 

     Risk Exposure Category  
     Interest Rate
Contracts
    Foreign
Exchange
Contracts
     Credit
Contracts
    Equity
Contracts
     Commodity
Contracts
     Other
Contracts
     Total  

Realized Gain (Loss) on Derivatives Recognized as a Result of Operations:

 

        

Net realized gain (loss) on futures contracts

   $ (2,695,576   $      $     $      $      $      $ (2,695,576

Net realized gain (loss) on written options contracts

     (96,204                                       (96,204

Net realized gain (loss) on swap contracts

     1,211,160              34,577                            1,245,737  
  

 

 

   

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     (1,580,620)     $     —      $     34,577     $     —      $     —      $     —      $     (1,546,043)  
  

 

 

   

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

 

Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:

 

        

Net change in unrealized appreciation (depreciation) of futures contracts

   $ 889,450     $      $     $      $      $      $ 889,450  

Net change in unrealized appreciation (depreciation) of swap contracts

     393,991              (45,089                          348,902  
  

 

 

   

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 1,283,441     $      $ (45,089   $      $      $      $ 1,283,352  
  

 

 

   

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

 

For the period ended June 30, 2018, the average amount or number per contract outstanding for each derivative type was as follows:

 

Derivative Description

   Average Notional
Par, Contracts
or Face Amount
 

Futures Contracts Long at Number of Contracts

     793  

Futures Contracts Short at Number of Contracts

     (229

Written Options Contracts at Number of Contracts

     (240

Swap Contracts at Notional Amount

   $     35,354,333  

 

  (1) 

Amount represents the cumulative appreciation (depreciation) on futures contracts as disclosed within the Schedule of Investments under the open “Futures Contracts” section. Only current day’s variation margin, if any, is reported within the Statements of Assets and Liabilities.

  (2) 

Amount represents the cumulative appreciation (depreciation) on centrally cleared swaps, if applicable, as disclosed within the Schedule of Investments. Only the current day’s variation margin, if any, are reported within the Statements of Assets and Liabilities. OTC swaps are reported within the Statement of Assets and Liabilities within Unrealized appreciation (depreciation) on OTC swap contracts, if applicable.

 

  f)

Balance Sheet Offsetting Information – Set forth below are tables which disclose both gross information and net information about instruments and transactions eligible for offset in the financial statements, and instruments and transactions that are subject to a master netting arrangement, as well as amounts related to margin, reflected as financial collateral (including cash collateral), held at clearing brokers, counterparties and a Fund’s custodian. The master netting arrangements allow the clearing brokers to net any collateral held in or on behalf of a Fund, or liabilities or payment obligations of the clearing brokers to the Fund, against any liabilities or payment obligations of the Fund to the clearing brokers. A Fund is required to deposit financial collateral (including cash collateral) at the Fund’s custodian on behalf of clearing brokers and counterparties to continually meet the original and maintenance requirements established by the clearing brokers and counterparties. Such requirements are specific to the respective clearing broker or counterparty. Certain master netting arrangements may not be enforceable in a bankruptcy.

The following tables present the Funds’ derivative assets and liabilities, presented on a gross basis as no amounts are netted within the Statements of Assets and Liabilities, by counterparty net of amounts available for offset under a master netting agreement or similar agreement (“MNA”) and net of the related collateral received/pledged by the Funds as of June 30, 2018:

Balanced HLS Fund

 

Derivative Financial Instruments:

   Assets     Liabilities  

Futures contracts

   $     176,651     $     (29,496
  

 

 

   

 

 

 

Total gross amount of derivative assets and liabilities in the Statement of Assets and Liabilities

     176,651       (29,496
  

 

 

   

 

 

 

Derivatives not subject to a MNA

     (176,651     29,496  
  

 

 

   

 

 

 

Total gross amount of assets and liabilities subject to MNA or similar agreements

   $     $  
  

 

 

   

 

 

 

 

 

  213  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Capital Appreciation HLS Fund

 

Derivative Financial Instruments:

   Assets      Liabilities  

Foreign currency contracts

   $ 92,380      $  

Futures contracts

                (625,396
  

 

 

    

 

 

 

Total gross amount of derivative assets and liabilities in the Statement of Assets and Liabilities

     92,380        (625,396
  

 

 

    

 

 

 

Derivatives not subject to a MNA

            625,396  
  

 

 

    

 

 

 

Total gross amount of assets and liabilities subject to MNA or similar agreements

   $     92,380      $  
  

 

 

    

 

 

 

 

Counterparty

   Gross Amount
of Assets
     Financial
Instruments
and Derivatives
Available for
Offset
     Non-cash
Collateral
Received*
     Cash
Collateral
Received*
     Net Amount
of Assets
 

Commonwealth Bank of Australia

   $ 25,862      $      $      $      $ 25,862  

JP Morgan Chase & Co.

     42,431                             42,431  

UBS AG

     24,087                             24,087  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     92,380      $     —      $     —      $     —      $     92,380  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

  *

In some instances, the actual collateral received and/or pledged may be more than the amount shown.

High Yield HLS Fund

 

Derivative Financial Instruments:

   Assets      Liabilities  

Foreign currency contracts

   $ 183      $ (21,009
  

 

 

    

 

 

 

Total gross amount of derivative assets and liabilities in the Statement of Assets and Liabilities

     183        (21,009
  

 

 

    

 

 

 

Derivatives not subject to a MNA

             
  

 

 

    

 

 

 

Total gross amount of assets and liabilities subject to MNA or similar agreements

   $     183      $     (21,009
  

 

 

    

 

 

 

 

Counterparty

   Gross Amount
of Assets
     Financial
Instruments
and Derivatives
Available for
Offset
     Non-cash
Collateral
Received*
     Cash
Collateral
Received*
     Net Amount
of Assets
 

Citibank NA

   $     183      $     —      $     —      $     —      $     183  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

Counterparty

   Gross Amount
of Liabilities
    Financial
Instruments
and Derivatives
Available for
Offset
     Non-cash
Collateral
Pledged*
     Cash
Collateral
Pledged*
     Net Amount
of Liabilities
 

BNP Paribas Securities Services

   $ (3,646   $     —      $     —      $     —      $ (3,646

UBS AG

     (17,363                          (17,363
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     (21,009   $      $      $      $     (21,009
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

 

 

  *

In some instances, the actual collateral received and/or pledged may be more than the amount shown.

 

 

  214  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Total Return Bond HLS Fund

 

Derivative Financial Instruments:

   Assets     Liabilities  

Foreign currency contracts

   $ 148,902     $ (258,124

Futures contracts

     3,666,288       (1,239,095

Purchased options

     2,370,815       (375,748

Swap contracts

     5,707,650       (3,374,644
  

 

 

   

 

 

 

Total gross amount of derivative assets and liabilities in the Statement of Assets and Liabilities

         11,893,655           (5,247,611
  

 

 

   

 

 

 

Derivatives not subject to a MNA

     (7,726,797     1,755,446  
  

 

 

   

 

 

 

Total gross amount of assets and liabilities subject to MNA or similar agreements

   $ 4,166,858     $ (3,492,165
  

 

 

   

 

 

 

 

Counterparty

   Gross Amount
of Assets
     Financial
Instruments
and Derivatives
Available for
Offset
    Non-cash
Collateral
Received*
     Cash
Collateral
Received*
     Net Amount
of Assets
 

Banc of America Securities LLC

   $     1,620,060      $     (12,322   $     —      $     —      $     1,607,738  

Barclays

     63,662        (63,662                    

Canadian Imperial Bank of Commerce

     11,311                            11,311  

Citibank NA

     117,235                            117,235  

Credit Suisse International

     353,068        (353,068                    

Deutsche Bank Securities, Inc.

     907,275                            907,275  

Goldman Sachs & Co.

     241,630        (241,630                    

JP Morgan Chase & Co.

     17,728        (17,728                    

Morgan Stanley

     827,514        (782,450                   45,064  

UBS AG

     7,375        (7,375                    
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

 

Total

   $     4,166,858      $     (1,478,235   $     —      $     —      $     2,688,623  
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

 

 

Counterparty

   Gross Amount
of Liabilities
    Financial
Instruments
and Derivatives
Available for
Offset
     Non-cash
Collateral
Pledged*
     Cash
Collateral
Pledged*
     Net Amount
of Liabilities
 

Banc of America Securities LLC

   $ (12,322   $ 12,322      $      $      $  

Barclays

     (488,383     63,662                      (424,721

Credit Suisse International

     (878,294     353,068                      (525,226

Goldman Sachs & Co.

     (1,190,949     241,630                      (949,319

JP Morgan Chase & Co.

     (95,598     17,728                      (77,870

Morgan Stanley

     (782,450     782,450                       

UBS AG

     (44,169     7,375                      (36,794
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     (3,492,165   $     1,478,235      $     —      $     —      $     (2,013,930
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

 

 

  *

In some instances, the actual collateral received and/or pledged may be more than the amount shown.

 

 

  215  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

U.S. Government Securities HLS Fund

 

Derivative Financial Instruments:

   Assets     Liabilities  

Futures contracts

   $     560,959     $     (37,232)  

Swap contracts

     403,341       (110,734
  

 

 

   

 

 

 

Total gross amount of derivative assets and liabilities in the Statement of Assets and Liabilities

     964,300       (147,966
  

 

 

   

 

 

 

Derivatives not subject to a MNA

     (964,300     147,966  
  

 

 

   

 

 

 

Total gross amount of assets and liabilities subject to MNA or similar agreements

   $     $  
  

 

 

   

 

 

 

 

5.

Principal Risks:

A Fund’s investments expose it to various types of risks associated with financial instruments and the markets. A Fund may be exposed to the risks described below. Each Fund’s prospectus provides details of its principal risks.

The market values of equity securities, such as common stocks and preferred stocks, or equity related derivative investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities. The extent of each Fund’s exposure to market risk is the market value of the investments held as shown in the Fund’s Schedule of Investments.

Certain investments held by a Fund expose the Fund to various risks which may include, but are not limited to, interest rate, prepayment, and extension risks. Interest rate risk is the risk that fixed income securities will decline in value because of changes in interest rates. As nominal interest rates rise, the values of certain fixed income securities held by a Fund are likely to decrease. A nominal interest rate can be described as the sum of a real interest rate and an expected inflation rate. Fixed income securities with longer durations tend to be more sensitive to changes in interest rates, usually making them more volatile than securities with shorter durations. Duration is useful primarily as a measure of the sensitivity of a fixed income security’s market price to interest rate (i.e., yield) movements. Senior floating rate interests and securities subject to prepayment and extension risk generally offer less potential for gains when interest rates decline. Rising interest rates may cause prepayments to occur at a slower than expected rate, thereby effectively lengthening the maturity of the security and making the security more sensitive to interest rate changes. Prepayment and extension risk are major risks of mortgage-backed securities, senior floating rate interests and certain asset-backed securities. For certain asset-backed securities, the actual maturity may be less than the stated maturity shown in the Schedule of Investments, if applicable. As a result, the timing of income recognition relating to these securities may vary based upon the actual maturity.

Investing in the securities of non-U.S. issuers, whether directly or indirectly, involves certain considerations and risks not typically associated with securities of U.S. issuers. Such risks include, but are not limited to: generally less liquid and less efficient securities markets; generally greater price volatility; exchange rate fluctuations; imposition of restrictions on the expatriation of funds or other protectionist measures; less publicly available information about issuers; the imposition of withholding or other taxes; higher transaction and custody costs; settlement delays and risk of loss attendant in settlement procedures; difficulties in enforcing contractual obligations; less regulation of securities markets; different accounting, disclosure and reporting requirements; more substantial governmental involvement in the economy; higher inflation rates; and greater social, economic and political uncertainties. These risks are heightened for investments in issuers from countries with less developed markets.

Credit risk depends largely on the perceived financial health of bond issuers. In general, the credit rating is inversely related to the credit risk of the issuer. Higher rated bonds generally are deemed to have less credit risk, while lower or unrated bonds are deemed to have higher risk of default. The share price, yield and total return of a fund that holds securities with higher credit risk may be more volatile than those of a fund that holds bonds with lower credit risk. A Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which a Fund has unsettled or open transactions will default.

 

6.

Federal Income Taxes:

 

  a)

Each Fund intends to continue to qualify as a Regulated Investment Company (“RIC”) under Subchapter M of the Internal Revenue Code (“IRC”) by distributing substantially all of its taxable net investment income and net realized capital gains to its shareholders

 

 

  216  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

  each year. Each Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains during the calendar year ending December 31, 2018. Accordingly, no provision for federal income or excise taxes has been made in the accompanying financial statements. Distributions from short-term capital gains are treated as ordinary income distributions for federal income tax purposes.

 

  b)

Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

At December 31, 2017 (tax year end), the capital loss carryforwards for U.S. federal income tax purposes were as follows:

 

     Year of Expiration      Perpetual
Short-Term
Capital Loss
Carryforward
     Perpetual
Long-Term
Capital Loss
Carryforward
 

Fund

   2018  

High Yield HLS Fund

   $     —      $     2,204,643      $     13,477,579  

Ultrashort Bond HLS Fund

            309,366        375,724  

U.S. Government Securities HLS Fund

         58,149,395        2,231,528        25,703,203  

Balanced HLS Fund, Capital Appreciation HLS Fund, Disciplined Equity HLS Fund, Dividend and Growth HLS Fund, Global Growth HLS Fund, Growth Opportunities HLS Fund, Healthcare HLS Fund, International Opportunities HLS Fund, MidCap HLS Fund, MidCap Value HLS Fund, Small Cap Growth HLS Fund, Small Company HLS Fund, Small/Mid Cap Equity HLS Fund, Stock HLS Fund, Total Return Bond HLS Fund and Value HLS Fund had no capital loss carryforwards for U.S. federal income tax purposes as of December 31, 2017.

During the fiscal year ended December 31, 2017, the Balanced HLS Fund, High Yield HLS Fund, International Opportunities HLS Fund, Small Cap Growth HLS Fund, Small Company HLS Fund, Stock HLS Fund and Total Return Bond HLS Fund utilized $81,394,802, $5,006,208, $104,728,215, $14,202,092, $91,646,492, $128,342,761 and $13,673,254 of prior year capital loss carryforwards, respectively.

During the year ended December 31, 2017, High Yield HLS Fund, International Opportunities HLS Fund, Stock HLS Fund and U.S. Government Securities HLS Fund had expired $9,709,378, $195,309,855, $5,476,238 and $25,163,377 of prior year capital loss carryforwards, respectively.

 

  c)

Tax Basis of Investments – The aggregate cost of investments for federal income tax purposes at June 30, 2018 was substantially the same for book purposes. The net unrealized appreciation/(depreciation) on investments, which consists of gross unrealized appreciation and depreciation, is disclosed below:

 

Fund

   Tax Cost      Gross
Unrealized
Appreciation
     Gross
Unrealized
(Depreciation)
    Net
Unrealized
Appreciation
(Depreciation)
 

Balanced HLS Fund

   $     1,813,850,293      $     456,219,376      $ (61,452,180   $     394,767,196  

Capital Appreciation HLS Fund

     4,398,917,151        560,404,691            (163,996,694     396,407,997  

Disciplined Equity HLS Fund

     494,583,757        172,675,025        (5,399,586     167,275,439  

Dividend and Growth HLS Fund

     2,435,560,692        930,927,797        (28,048,342     902,879,455  

Global Growth HLS Fund

     395,044,308        149,822,194        (4,251,554     145,570,640  

Growth Opportunities HLS Fund

     1,392,952,491        314,227,895        (28,495,754     285,732,141  

Healthcare HLS Fund

     276,720,312        87,402,673        (21,987,054     65,415,619  

High Yield HLS Fund

     282,389,632        5,480,979        (13,566,098     (8,085,119

 

 

  217  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fund

   Tax Cost      Gross
Unrealized
Appreciation
     Gross
Unrealized
(Depreciation)
    Net
Unrealized
Appreciation
(Depreciation)
 

International Opportunities HLS Fund

   $     1,387,022,723      $     115,379,331      $     (56,840,851   $ 58,538,480  

MidCap HLS Fund

     1,688,512,259        639,541,530        (16,980,571         622,560,959  

MidCap Value HLS Fund

     297,912,097        68,431,133        (10,803,992     57,627,141  

Small Cap Growth HLS Fund

     1,176,165,668        301,588,935        (37,811,436     263,777,499  

Small Company HLS Fund

     535,149,527        133,427,097        (15,961,937     117,465,160  

Small/Mid Cap Equity HLS Fund

     83,258,714        15,796,917        (3,134,105     12,662,812  

Stock HLS Fund

     1,132,114,351        338,282,037        (24,119,828     314,162,209  

Total Return Bond HLS Fund

     3,068,436,514        27,620,610        (61,571,327     (33,950,717

Ultrashort Bond HLS Fund

     503,764,098        504,372        (1,426,649     (922,277

U.S. Government Securities HLS Fund

     388,048,307        2,848,931        (6,678,033     (3,829,102

Value HLS Fund

     368,050,123        129,723,577        (11,831,349     117,892,228  

 

7.

Expenses:

 

  a)

Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”) serves as each Fund’s investment manager. Each Company, on behalf of its respective Funds, has entered into an Investment Management Agreement with HFMC. HFMC is an indirect subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”). HFMC has overall investment supervisory responsibility for each Fund. In addition, HFMC provides administrative personnel, services, equipment, facilities and office space for proper operation of each Fund. HFMC has contracted with Wellington Management Company LLP (“Wellington Management”) under a sub-advisory agreement and Wellington Management performs the daily investment of the assets of each Fund, in accordance with the Fund’s investment objective and policies. Each Fund pays a fee to HFMC, a portion of which may be used to compensate Wellington Management.

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2018; the rates are accrued daily and paid monthly based on each Fund’s average daily net assets, at the following annual rates:

 

Fund

  

Management Fee Rates

Balanced HLS Fund

  

0.6800% on first $250 million and;

  

0.6550% on next $250 million and;

  

0.6450% on next $500 million and;

  

0.5950% on next $4 billion and;

  

0.5925% on next $5 billion and;

  

0.5900% over $10 billion

Capital Appreciation HLS Fund

  

0.7750% on first $250 million and;

  

0.7250% on next $250 million and;

  

0.6750% on next $500 million and;

  

0.6250% on next $1.5 billion and;

  

0.6200% on next $2.5 billion and;

  

0.6150% on next $5 billion and;

  

0.6100% over $10 billion

Disciplined Equity HLS Fund

  

0.7750% on first $250 million and;

  

0.7250% on next $250 million and;

  

0.6750% on next $500 million and;

  

0.6250% on next $4 billion and;

  

0.6225% on next $5 billion and;

  

0.6200% over $10 billion

 

 

  218  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fund

  

Management Fee Rates

Dividend and Growth HLS Fund

  

0.7750% on first $250 million and;

  

0.7250% on next $250 million and;

  

0.6750% on next $500 million and;

  

0.6250% on next $1.5 billion and;

  

0.6200% on next $2.5 billion and;

  

0.6150% on next $5 billion and;

  

0.6100% over $10 billion

Global Growth HLS Fund

  

0.7750% on first $250 million and;

  

0.7250% on next $250 million and;

  

0.6750% on next $500 million and;

  

0.6250% on next $4 billion and;

  

0.6225% on next $5 billion and;

  

0.6200% over $10 billion

Growth Opportunities HLS Fund

  

0.7000% on first $100 million and;

  

0.6000% on next $4.9 billion and;

  

0.5975% on next $5 billion and;

  

0.5950% over $10 billion

Healthcare HLS Fund

  

0.8500% on first $250 million and;

  

0.8000% on next $250 million and;

  

0.7500% on next $4.5 billion and;

  

0.7475% on next $5 billion and;

  

0.7450% over $10 billion

High Yield HLS Fund

  

0.7000% on first $500 million and;

  

0.6750% on next $500 million and;

  

0.6250% on next $1.5 billion and;

  

0.6150% on next $2.5 billion and;

  

0.6050% on next $5 billion and;

  

0.5950% over $10 billion

International Opportunities HLS Fund

  

0.7750% on first $250 million and;

  

0.7250% on next $250 million and;

  

0.6750% on next $500 million and;

  

0.6250% on next $1.5 billion and;

  

0.6200% on next $2.5 billion and;

  

0.6150% on next $5 billion and;

  

0.6100% over $10 billion

MidCap HLS Fund

  

0.7750% on first $250 million and;

  

0.7250% on next $250 million and;

  

0.6750% on next $500 million and;

  

0.6250% on next $4 billion and;

  

0.6225% on next $5 billion and;

  

0.6200% over $10 billion

MidCap Value HLS Fund

  

0.8000% on first $500 million and;

  

0.7250% on next $500 million and;

  

0.6750% on next $1.5 billion and;

  

0.6700% on next $2.5 billion and;

  

0.6650% on next $5 billion and;

  

0.6600% over $10 billion

 

 

  219  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fund

  

Management Fee Rates

Small Cap Growth HLS Fund

  

0.7000% on first $100 million and;

  

0.6000% on next $4.9 billion and;

  

0.5800% on next $5 billion and;

  

0.5700% over $10 billion

Small Company HLS Fund

  

0.7750% on first $250 million and;

  

0.7250% on next $250 million and;

  

0.6750% on next $500 million and;

  

0.6000% on next $500 million and;

  

0.5500% on next $3.5 billion and;

  

0.5300% on next $5 billion and;

  

0.5200% over $10 billion

Small/Mid Cap Equity HLS Fund

  

0.8000% on first $500 million and;

  

0.7500% on next $500 million and;

  

0.7000% on next $2 billion and;

  

0.6900% on next $2 billion and;

  

0.6800% on next $5 billion and;

  

0.6700% over $10 billion

Stock HLS Fund

  

0.5250% on first $250 million and;

  

0.5000% on next $250 million and;

  

0.4750% on next $500 million and;

  

0.4500% on next $4 billion and;

  

0.4475% on next $5 billion and;

  

0.4450% over $10 billion

Total Return Bond HLS Fund

  

0.5250% on first $250 million and;

  

0.5000% on next $250 million and;

  

0.4750% on next $500 million and;

  

0.4500% on next $1.5 billion and;

  

0.4450% on next $2.5 billion and;

  

0.4300% on next $5 billion and;

  

0.4200% over $10 billion

Ultrashort Bond HLS Fund

  

0.4000% on first $5 billion and;

  

0.3800% on next $5 billion and;

  

0.3700% over $10 billion

U.S. Government Securities HLS Fund

  

0.4500% on first $500 million and;

  

0.4450% on next $500 million and;

  

0.4400% on next $1.5 billion and;

  

0.4350% on next $2.5 billion and;

  

0.4300% on next $5 billion and;

  

0.4200% over $10 billion

Value HLS Fund

  

0.6900% on first $250 million and;

  

0.6425% on next $250 million and;

  

0.6325% on next $500 million and;

  

0.6250% on next $1.5 billion and;

  

0.6200% on next $2.5 billion and;

  

0.6150% on next $5 billion and;

  

0.6100% over $10 billion

 

 

  220  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Prior to January 1, 2018, the Value HLS Fund paid the following rate to HFMC for investment management services rendered:

 

Fund

  

Management Fee Rates

Value HLS Fund

  

0.7750% on first $250 million and;

  

0.7250% on next $250 million and;

  

0.6750% on next $500 million and;

  

0.6250% on next $1.5 billion and;

  

0.6200% on next $2.5 billion and;

  

0.6150% on next $5 billion and;

  

0.6100% over $10 billion

HFMC contractually agreed to waive investment management fees of 0.03% of average daily net assets until December 31, 2018, for the Balanced HLS Fund.

 

  b)

Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and each Company, on behalf of its respective Funds, HFMC provides accounting services to each Fund and receives monthly compensation based on each Fund’s average daily net assets at the rates set forth below. Each Fund’s accounting services fees are accrued daily and paid monthly.

 

Fund

  

Accounting Services Fee Rates

Balanced HLS Fund

  

0.018% on first $3.5 billion and;

  

0.014% on next $3.5 billion and;

  

0.010% over $7 billion

Capital Appreciation HLS Fund

  

0.018% on first $3.5 billion and;

  

0.014% on next $3.5 billion and;

  

0.010% over $7 billion

Disciplined Equity HLS Fund

  

0.014% on first $3.5 billion and;

  

0.012% on next $3.5 billion and;

  

0.010% over $7 billion

Dividend and Growth HLS Fund

  

0.014% on first $3.5 billion and;

  

0.012% on next $3.5 billion and;

  

0.010% over $7 billion

Global Growth HLS Fund

  

0.014% on first $3.5 billion and;

  

0.012% on next $3.5 billion and;

  

0.010% over $7 billion

Growth Opportunities HLS Fund

  

0.018% on first $3.5 billion and;

  

0.014% on next $3.5 billion and;

  

0.010% over $7 billion

Healthcare HLS Fund

  

0.014% on first $3.5 billion and;

  

0.012% on next $3.5 billion and;

  

0.010% over $7 billion

High Yield HLS Fund

  

0.014% on first $3.5 billion and;

  

0.012% on next $3.5 billion and;

  

0.010% over $7 billion

International Opportunities HLS Fund

  

0.014% on first $3.5 billion and;

  

0.012% on next $3.5 billion and;

  

0.010% over $7 billion

MidCap HLS Fund

  

0.014% on first $3.5 billion and;

  

0.012% on next $3.5 billion and;

  

0.010% over $7 billion

 

 

  221  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fund

  

Accounting Services Fee Rates

MidCap Value HLS Fund

  

0.014% on first $3.5 billion and;

  

0.012% on next $3.5 billion and;

  

0.010% over $7 billion

Small Cap Growth HLS Fund

  

0.018% on first $3.5 billion and;

  

0.014% on next $3.5 billion and;

  

0.010% over $7 billion

Small Company HLS Fund

  

0.018% on first $3.5 billion and;

  

0.014% on next $3.5 billion and;

  

0.010% over $7 billion

Small/Mid Cap Equity HLS Fund

  

0.014% on first $3.5 billion and;

  

0.012% on next $3.5 billion and;

  

0.010% over $7 billion

Stock HLS Fund

  

0.014% on first $3.5 billion and;

  

0.012% on next $3.5 billion and;

  

0.010% over $7 billion

Total Return Bond HLS Fund

  

0.018% on first $3.5 billion and;

  

0.014% on next $3.5 billion and;

  

0.010% over $7 billion

Ultrashort Bond HLS Fund

  

0.014% on first $3.5 billion and;

  

0.012% on next $3.5 billion and;

  

0.010% over $7 billion

U.S. Government Securities HLS Fund

  

0.014% on first $3.5 billion and;

  

0.012% on next $3.5 billion and;

  

0.010% over $7 billion

Value HLS Fund

  

0.014% on first $3.5 billion and;

  

0.012% on next $3.5 billion and;

  

0.010% over $7 billion

HFMC has delegated certain accounting and administrative services functions to State Street Bank and Trust Company (“State Street”). The costs and expenses of such delegation are borne by HFMC, not by the Funds, and HFMC compensates State Street for its services out of its own resources.

 

  c)

Operating Expenses – Allocable expenses incurred by a Company are allocated to each series within such Company, and allocated to classes within each such series, in proportion to the average daily net assets of such series and classes, except where allocation of certain expenses is more fairly made directly to a Fund or to specific classes within a Fund.

 

  d)

Fees Paid Indirectly – Hartford HLS Series Fund II, Inc., on behalf of its series except U.S. Government Securities HLS Fund, and Hartford Series Fund, Inc., on behalf of its series except High Yield HLS Fund, Total Return Bond HLS Fund and Ultrashort Bond HLS Fund, have entered into agreements with State Street Global Markets, LLC and Russell Implementation Services, Inc. to partially recapture non-discounted trade commissions. Such rebates are used to pay a portion of the Funds’ expenses. In addition, the Funds’ custodian bank has agreed to reduce its fees when a Fund maintains cash on deposit in a non-interest-bearing custody account. For the fiscal period ended June 30, 2018, these amounts, if any, are included in the Statements of Operations.

 

 

  222  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

The ratio of expenses to average net assets in the accompanying financial highlights excludes the reduction in expenses related to fees paid indirectly. The annualized expense ratio after waivers reflecting the reduction for fees paid indirectly for the period is as follows:

 

Fund

   Class IA     Class IB     Class IC  

Balanced HLS Fund

     0.63     0.88      

Capital Appreciation HLS Fund

     0.68     0.93     1.18

Disciplined Equity HLS Fund

     0.78     1.03      

Dividend and Growth HLS Fund

     0.68     0.93      

Global Growth HLS Fund

     0.80     1.05      

Growth Opportunities HLS Fund

     0.65     0.90     1.15

Healthcare HLS Fund

     0.89     1.14      

High Yield HLS Fund

     0.77     1.02      

International Opportunities HLS Fund

     0.73     0.98      

MidCap HLS Fund

     0.69     0.94      

MidCap Value HLS Fund

     0.86     1.11      

Small Cap Growth HLS Fund

     0.64     0.89      

Small Company HLS Fund

     0.79     1.04      

Small/Mid Cap Equity HLS Fund

     0.91     1.16      

Stock HLS Fund

     0.52     0.77      

Total Return Bond HLS Fund

     0.51     0.76      

Ultrashort Bond HLS Fund

     0.45     0.70      

U.S. Government Securities HLS Fund

     0.51     0.76      

Value HLS Fund

     0.72     0.97      

 

  e)

Distribution Plans for Class IB and Class IC Shares – Hartford Funds Distributors, LLC (“HFD”), an indirect subsidiary of The Hartford, is the principal underwriter and distributor of each Fund. Each Company, on behalf of its respective Funds, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act for Class IB shares and each Company, on behalf of certain Funds, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act for Class IC shares.

Pursuant to the Class IB Distribution Plans, a Fund may pay HFD a fee of up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for distribution financing activities and shareholder account servicing activities. The entire amount of the fee may be used for shareholder servicing expenses and/or distribution expenses. Pursuant to the Class IC Distribution Plans, a Fund may pay HFD a fee of up to 0.25% of the average daily net assets of the Fund attributable to its Class IC shares for distribution financing activities.

Each Board has the authority to suspend or reduce these payments at any point in time. The distribution fees paid during the period can be found on the Statements of Operations. Each Fund’s 12b-1 fees are accrued daily and paid monthly or at such other intervals as the respective Company’s Board of Directors may determine.

 

  f)

Administrative Services Fee for Class IC Shares – Certain Funds may pay an administrative services fee to third party insurance companies annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IC shares for recordkeeping and/or other administrative services provided to such Class IC shares. The total administrative services fees paid during the period are shown on the Statements of Operations. These fees are accrued daily and paid monthly.

 

  g)

Other Related Party Transactions – Certain officers of each Company are directors and/or officers of HFMC and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2018, a portion of each Company’s Chief Compliance Officer’s (“CCO”) compensation was paid by all of the investment companies in the Hartford fund complex. The portion allocated to each Fund, as represented in other expenses on the Statement of Operations, is outlined in the table below.

 

Fund

   CCO Compensation
Paid by Fund
 

Balanced HLS Fund

   $     3,775  

Capital Appreciation HLS Fund

     8,116  

Disciplined Equity HLS Fund

     1,121  

Dividend and Growth HLS Fund

     5,735  

 

 

  223  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fund

   CCO Compensation
Paid by Fund
 

Global Growth HLS Fund

   $ 892  

Growth Opportunities HLS Fund

         2,588  

Healthcare HLS Fund

     548  

High Yield HLS Fund

     474  

International Opportunities HLS Fund

     2,595  

MidCap HLS Fund

     3,762  

MidCap Value HLS Fund

     594  

Small Cap Growth HLS Fund

     2,245  

Small Company HLS Fund

     1,029  

Small/Mid Cap Equity HLS Fund

     157  

Stock HLS Fund

     2,438  

Total Return Bond HLS Fund

     3,785  

Ultrashort Bond HLS Fund

     839  

U.S. Government Securities HLS Fund

     631  

Value HLS Fund

     831  

Hartford Administrative Services Company (“HASCO”), an indirect subsidiary of The Hartford, provides transfer agent services to each Fund. Pursuant to a sub-transfer agency agreement between HASCO and DST Asset Manager Solutions, Inc. (“DST”). HASCO has delegated certain transfer agent, dividend disbursing agent and shareholder servicing agent functions to DST. The costs and expenses of such delegation are borne by HASCO, not by the Funds. Each Fund pays HASCO a fixed fee annually, plus out of pocket expenses for providing such services. The accrued amount shown in the Statements of Operations reflects the amounts charged by HASCO. These fees are accrued daily and paid monthly.

For the six-month period ended June 30, 2018, the effective rate of compensation paid to HASCO for transfer agency services on a gross and net basis as a percentage of each Class’ average daily net assets is as follows:

 

Fund

   Class IA     Class IB     Class IC  

Balanced HLS Fund

     0.00 %*      0.00 %*       

Capital Appreciation HLS Fund

     0.00 %*      0.00 %*      0.00 %* 

Disciplined Equity HLS Fund

     0.00 %*      0.00 %*       

Dividend and Growth HLS Fund

     0.00 %*      0.00 %*       

Global Growth HLS Fund

     0.00 %*      0.00 %*       

Growth Opportunities HLS Fund

     0.00 %*      0.00 %*      0.00 %* 

Healthcare HLS Fund

     0.00 %*      0.00 %*       

High Yield HLS Fund

     0.00 %*      0.00 %*       

International Opportunities HLS Fund

     0.00 %*      0.00 %*       

MidCap HLS Fund

     0.00 %*      0.00 %*       

MidCap Value HLS Fund

     0.00 %*      0.00 %*       

Small Cap Growth HLS Fund

     0.00 %*      0.00 %*       

Small Company HLS Fund

     0.00 %*      0.00 %*       

Small/Mid Cap Equity HLS Fund

     0.01     0.01      

Stock HLS Fund

     0.00 %*      0.00 %*       

Total Return Bond HLS Fund

     0.00 %*      0.00 %*       

Ultrashort Bond HLS Fund

     0.00 %*      0.00 %*       

U.S. Government Securities HLS Fund

     0.00 %*      0.00 %*       

Value HLS Fund

     0.00 %*      0.00 %*       

 

  *

Percentage rounds to zero.

 

 

  224  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

 

8.

Securities Lending:

A Fund may lend portfolio securities to certain borrowers in U.S. and non-U.S. markets in an amount not to exceed one third (33 1/3%) of the value of its total assets. If a Fund security is on loan, under the lending agreement, the borrower is required to deposit cash or liquid securities as collateral at least equal to 100% of the market value of the loaned securities; cash collateral is invested for the benefit of the Fund by the Fund’s lending agent pursuant to collateral investment guidelines. The collateral is marked to market daily, in an amount at least equal to the current market value of the securities loaned. A Fund is subject to certain risks while its securities are on loan, including the following: (i) the risk that the borrower defaults on the loan and the collateral is inadequate to cover the Fund’s loss; (ii) the risk that the earnings on the collateral invested are not sufficient to pay fees incurred in connection with the loan; (iii) the risk that the principal value of the collateral invested may decline; (iv) the risk that the borrower may use the loaned securities to cover a short sale, which may in turn place downward pressure on the market prices of the loaned securities; (v) the risk that return of loaned securities could be delayed and interfere with portfolio management decisions; and (vi) the risk that any efforts to restrict the securities for purposes of voting may not be effective. These events could also trigger adverse tax consequences for the Fund.

At June 30, 2018, the following Funds had securities on loan at value, cash collateral and non-cash collateral as follows:

 

Fund

   Market Value
of Securities
on Loan
     Cash
Collateral
     Non-Cash
Collateral
 

Balanced HLS Fund

   $     2,891,187      $     2,943,973      $     —  

Capital Appreciation HLS Fund

     18,582,748        18,971,506         

Global Growth HLS Fund

     1,347,988        1,373,757         

Growth Opportunities HLS Fund

         43,764,332        44,965,898         

Healthcare HLS Fund

     12,302,156        12,622,214         

International Opportunities HLS Fund

     307,775        323,163         

MidCap HLS Fund

     14,390,331        14,777,089         

MidCap Value HLS Fund

     3,862,865        3,938,076         

Small Cap Growth HLS Fund

     49,968,235        51,156,426         

Small Company HLS Fund

     11,026,358        11,282,564         

Small/Mid Cap Equity HLS Fund

     1,102,803        1,130,610         

Total Return Bond HLS Fund

     10,317,843        10,509,326         

Value HLS Fund

     2,221,761        2,328,015         

The following table reflects a breakdown of transactions accounted for as secured borrowings, the gross obligation by the type of collateral pledged, and the remaining contractual maturity of those transactions as of June 30, 2018.

Balanced HLS Fund

CERTAIN TRANSFERS ACCOUNTED FOR AS SECURED BORROWINGS

Remaining Contractual Maturity of the Agreements

 

     Overnight and
Continuous
     <30 days      Between
30 & 90 days
     >90 days      Total  

Securities Lending Transactions(1)

 

Corporate Bonds

   $     2,943,973      $     —      $     —      $     —      $     2,943,973  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 2,943,973      $      $      $      $ 2,943,973  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 2,943,973  
              

 

 

 

 

  (1) 

Amount represents the payable for cash collateral received on securities on loan. This will generally be in the “Overnight and Continuous” column as the securities are typically callable on demand.

 

 

  225  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Capital Appreciation HLS Fund

CERTAIN TRANSFERS ACCOUNTED FOR AS SECURED BORROWINGS

Remaining Contractual Maturity of the Agreements

 

     Overnight and
Continuous
     <30 days      Between
30 & 90 days
     >90 days      Total  

Securities Lending Transactions(1)

 

Common Stocks

   $     18,971,506      $     —      $     —      $     —      $     18,971,506  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 18,971,506      $      $      $      $ 18,971,506  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 18,971,506  
              

 

 

 

 

  (1) 

Amount represents the payable for cash collateral received on securities on loan. This will generally be in the “Overnight and Continuous” column as the securities are typically callable on demand.

Global Growth HLS Fund

CERTAIN TRANSFERS ACCOUNTED FOR AS SECURED BORROWINGS

Remaining Contractual Maturity of the Agreements

 

     Overnight and
Continuous
     <30 days      Between
30 & 90 days
     >90 days      Total  

Securities Lending Transactions(1)

 

Common Stocks

   $     1,373,757      $     —      $     —      $     —      $     1,373,757  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 1,373,757      $      $      $      $ 1,373,757  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 1,373,757  
              

 

 

 

 

  (1) 

Amount represents the payable for cash collateral received on securities on loan. This will generally be in the “Overnight and Continuous” column as the securities are typically callable on demand.

Growth Opportunities HLS Fund

CERTAIN TRANSFERS ACCOUNTED FOR AS SECURED BORROWINGS

Remaining Contractual Maturity of the Agreements

 

     Overnight and
Continuous
     <30 days      Between
30 & 90 days
     >90 days      Total  

Securities Lending Transactions(1)

 

Common Stocks

   $     44,965,898      $     —      $     —      $     —      $     44,965,898  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 44,965,898      $      $      $      $ 44,965,898  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 44,965,898  
              

 

 

 

 

  (1) 

Amount represents the payable for cash collateral received on securities on loan. This will generally be in the “Overnight and Continuous” column as the securities are typically callable on demand.

 

 

  226  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Healthcare HLS Fund

CERTAIN TRANSFERS ACCOUNTED FOR AS SECURED BORROWINGS

Remaining Contractual Maturity of the Agreements

 

     Overnight and
Continuous
     <30 days      Between
30 & 90 days
     >90 days      Total  

Securities Lending Transactions(1)

 

Common Stocks

   $     12,622,214      $     —      $     —      $     —      $     12,622,214  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 12,622,214      $      $      $      $ 12,622,214  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 12,622,214  
              

 

 

 

 

  (1) 

Amount represents the payable for cash collateral received on securities on loan. This will generally be in the “Overnight and Continuous” column as the securities are typically callable on demand.

International Opportunities HLS Fund

CERTAIN TRANSFERS ACCOUNTED FOR AS SECURED BORROWINGS

Remaining Contractual Maturity of the Agreements

 

     Overnight and
Continuous
     <30 days      Between
30 & 90 days
     >90 days      Total  

Securities Lending Transactions(1)

 

Common Stocks

   $     323,163      $     —      $     —      $     —      $     323,163  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 323,163      $      $      $      $ 323,163  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 323,163  
              

 

 

 

 

  (1) 

Amount represents the payable for cash collateral received on securities on loan. This will generally be in the “Overnight and Continuous” column as the securities are typically callable on demand.

MidCap HLS Fund

CERTAIN TRANSFERS ACCOUNTED FOR AS SECURED BORROWINGS

Remaining Contractual Maturity of the Agreements

 

     Overnight and
Continuous
     <30 days      Between
30 & 90 days
     >90 days      Total  

Securities Lending Transactions(1)

 

Common Stocks

   $     14,777,089      $     —      $     —      $     —      $     14,777,089  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 14,777,089      $      $      $      $ 14,777,089  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 14,777,089  
              

 

 

 

 

  (1) 

Amount represents the payable for cash collateral received on securities on loan. This will generally be in the “Overnight and Continuous” column as the securities are typically callable on demand.

 

 

  227  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

MidCap Value HLS Fund

CERTAIN TRANSFERS ACCOUNTED FOR AS SECURED BORROWINGS

Remaining Contractual Maturity of the Agreements

 

     Overnight and
Continuous
     <30 days      Between
30 & 90 days
     >90 days      Total  

Securities Lending Transactions(1)

 

Common Stocks

   $     3,938,076      $     —      $     —      $     —      $     3,938,076  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 3,938,076      $      $      $      $ 3,938,076  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 3,938,076  
              

 

 

 

 

  (1) 

Amount represents the payable for cash collateral received on securities on loan. This will generally be in the “Overnight and Continuous” column as the securities are typically callable on demand.

Small Cap Growth HLS Fund

CERTAIN TRANSFERS ACCOUNTED FOR AS SECURED BORROWINGS

Remaining Contractual Maturity of the Agreements

 

     Overnight and
Continuous
     <30 days      Between
30 & 90 days
     >90 days      Total  

Securities Lending Transactions(1)

 

Common Stocks

   $     19,773,614      $     —      $     —      $     —      $     19,773,614  

Exchange-Traded Funds

     31,382,812                             31,382,812  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 51,156,426      $      $      $      $ 51,156,426  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 51,156,426      $      $      $      $ 51,156,426  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 51,156,426  
              

 

 

 

 

  (1) 

Amount represents the payable for cash collateral received on securities on loan. This will generally be in the “Overnight and Continuous” column as the securities are typically callable on demand.

Small Company HLS Fund

CERTAIN TRANSFERS ACCOUNTED FOR AS SECURED BORROWINGS

Remaining Contractual Maturity of the Agreements

 

     Overnight and
Continuous
     <30 days      Between
30 & 90 days
     >90 days      Total  

Securities Lending Transactions(1)

 

Common Stocks

   $ 9,251,690      $      $      $      $ 9,251,690  

Exchange-Traded Funds

     2,030,874                             2,030,874  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 11,282,564      $      $      $      $ 11,282,564  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $     11,282,564      $     —      $     —      $     —      $     11,282,564  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 11,282,564  
              

 

 

 

 

  (1) 

Amount represents the payable for cash collateral received on securities on loan. This will generally be in the “Overnight and Continuous” column as the securities are typically callable on demand.

 

 

  228  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Small/Mid Cap Equity HLS Fund

CERTAIN TRANSFERS ACCOUNTED FOR AS SECURED BORROWINGS

Remaining Contractual Maturity of the Agreements

 

     Overnight and
Continuous
     <30 days      Between
30 & 90 days
     >90 days      Total  

Securities Lending Transactions(1)

 

Common Stocks

   $     1,130,610      $     —      $     —      $     —      $     1,130,610  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 1,130,610      $      $      $      $ 1,130,610  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 1,130,610  
              

 

 

 

 

  (1) 

Amount represents the payable for cash collateral received on securities on loan. This will generally be in the “Overnight and Continuous” column as the securities are typically callable on demand.

Total Return Bond HLS Fund

CERTAIN TRANSFERS ACCOUNTED FOR AS SECURED BORROWINGS

Remaining Contractual Maturity of the Agreements

 

     Overnight and
Continuous
     <30 days      Between
30 & 90 days
     >90 days      Total  

Securities Lending Transactions(1)

 

Corporate Bonds

   $     10,200,915      $     —      $     —      $     —      $     10,200,915  

Foreign Government Obligations

     308,411                             308,411  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 10,509,326      $      $      $      $ 10,509,326  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 10,509,326      $      $      $      $ 10,509,326  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 10,509,326  
              

 

 

 

 

  (1) 

Amount represents the payable for cash collateral received on securities on loan. This will generally be in the “Overnight and Continuous” column as the securities are typically callable on demand.

Value HLS Fund

CERTAIN TRANSFERS ACCOUNTED FOR AS SECURED BORROWINGS

Remaining Contractual Maturity of the Agreements

 

     Overnight and
Continuous
     <30 days      Between
30 & 90 days
     >90 days      Total  

Securities Lending Transactions(1)

 

Common Stocks

   $     2,328,015      $     —      $     —      $     —      $     2,328,015  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 2,328,015      $      $      $      $ 2,328,015  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 2,328,015  
              

 

 

 

 

  (1) 

Amount represents the payable for cash collateral received on securities on loan. This will generally be in the “Overnight and Continuous” column as the securities are typically callable on demand.

 

 

  229  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

 

9.

Investment Transactions:

For the six-month period ended June 30, 2018, the cost of purchases and proceeds from sales of investment securities (excluding short-term investments) were as follows:

 

Fund

   Cost of Purchases
Excluding U.S.
Government
Obligations
     Sales Proceeds
Excluding U.S.
Government
Obligations
 

Balanced HLS Fund

   $ 302,903,756      $ 414,176,427  

Capital Appreciation HLS Fund

         2,286,550,165            2,716,827,101  

Disciplined Equity HLS Fund

     88,862,737        142,165,994  

Dividend and Growth HLS Fund

     499,950,652        733,406,486  

Global Growth HLS Fund

     137,029,910        155,664,042  

Growth Opportunities HLS Fund

     929,448,589        1,066,138,664  

Healthcare HLS Fund

     45,351,877        70,563,192  

High Yield HLS Fund

     43,260,654        56,103,963  

International Opportunities HLS Fund

     616,444,695        695,402,932  

MidCap HLS Fund

     399,203,632        482,720,101  

MidCap Value HLS Fund

     79,301,385        106,391,269  

Small Cap Growth HLS Fund

     469,731,572        519,540,879  

Small Company HLS Fund

     298,057,250        347,153,993  

Small/Mid Cap Equity HLS Fund

     41,896,958        49,762,199  

Stock HLS Fund

     150,095,349        243,158,194  

Total Return Bond HLS Fund

     400,406,946        406,848,898  

Ultrashort Bond HLS Fund

     80,718,683        125,039,582  

U.S. Government Securities HLS Fund

     29,705,067        26,498,214  

Value HLS Fund

     54,062,905        82,665,711  

Fund

   Cost of Purchases
For U.S.
Government
Obligations
     Sales Proceeds
For U.S.
Government
Obligations
 

Balanced HLS Fund

   $ 31,408,886      $ 61,380,547  

Capital Appreciation HLS Fund

             

Disciplined Equity HLS Fund

             

Dividend and Growth HLS Fund

             

Global Growth HLS Fund

             

Growth Opportunities HLS Fund

             

Healthcare HLS Fund

             

High Yield HLS Fund

             

International Opportunities HLS Fund

             

MidCap HLS Fund

             

MidCap Value HLS Fund

             

Small Cap Growth HLS Fund

             

Small Company HLS Fund

             

Small/Mid Cap Equity HLS Fund

             

Stock HLS Fund

             

Total Return Bond HLS Fund

         213,299,936            281,730,805  

Ultrashort Bond HLS Fund

            37,480,063  

U.S. Government Securities HLS Fund

     38,067,913        79,660,408  

Value HLS Fund

             

 

 

  230  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Fund

   Total Cost of
Purchases
     Total Sales Proceeds  

Balanced HLS Fund

   $ 334,312,642      $ 475,556,974  

Capital Appreciation HLS Fund

         2,286,550,165        2,716,827,101  

Disciplined Equity HLS Fund

     88,862,737        142,165,994  

Dividend and Growth HLS Fund

     499,950,652        733,406,486  

Global Growth HLS Fund

     137,029,910        155,664,042  

Growth Opportunities HLS Fund

     929,448,589            1,066,138,664  

Healthcare HLS Fund

     45,351,877        70,563,192  

High Yield HLS Fund

     43,260,654        56,103,963  

International Opportunities HLS Fund

     616,444,695        695,402,932  

MidCap HLS Fund

     399,203,632        482,720,101  

MidCap Value HLS Fund

     79,301,385        106,391,269  

Small Cap Growth HLS Fund

     469,731,572        519,540,879  

Small Company HLS Fund

     298,057,250        347,153,993  

Small/Mid Cap Equity HLS Fund

     41,896,958        49,762,199  

Stock HLS Fund

     150,095,349        243,158,194  

Total Return Bond HLS Fund

     613,706,882        688,579,703  

Ultrashort Bond HLS Fund

     80,718,683        162,519,645  

U.S. Government Securities HLS Fund

     67,772,980        106,158,622  

Value HLS Fund

     54,062,905        82,665,711  

 

10.

Capital Share Transactions:

The following information is for the six-month period ended June 30, 2018, and the year ended December 31, 2017:

 

Balanced HLS Fund                         
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     231,714     $ 7,225,924       806,404     $ 24,243,642  

Shares Issued for Reinvested Dividends

                 1,550,612       47,464,119  

Shares Redeemed

     (5,027,105     (156,689,415     (9,237,441     (271,385,497
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (4,795,391     (149,463,491     (6,880,425     (199,677,736
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IB

        

Shares Sold

     120,674     $ 3,803,952       98,155     $ 2,948,319  

Shares Issued for Reinvested Dividends

                 178,485       5,534,060  

Shares Redeemed

     (676,424     (21,318,498     (1,359,464     (40,387,458
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (555,750     (17,514,546     (1,082,824     (31,905,079
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (5,351,141   $     (166,978,037     (7,963,249   $     (231,582,815
  

 

 

   

 

 

   

 

 

   

 

 

 

 

 

  231  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Capital Appreciation HLS Fund  
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     248,833     $        12,320,200       1,520,224     $ 69,676,765  

Shares Issued for Reinvested Dividends

                 5,849,271              280,000,593  

Shares Redeemed

     (7,844,755     (387,615,235     (23,141,724     (1,078,423,340
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (7,595,922     (375,295,035     (15,772,229     (728,745,982
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IB

        

Shares Sold

     63,199     $ 3,042,933       111,613     $ 5,150,495  

Shares Issued for Reinvested Dividends

                 742,165       35,014,412  

Shares Redeemed

     (1,448,320     (70,703,807     (2,304,465     (105,783,037
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (1,385,121     (67,660,874     (1,450,687     (65,618,130
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IC

        

Shares Sold

     39,777     $ 1,950,214       127,654     $ 5,935,733  

Shares Issued for Reinvested Dividends

                 36,298       1,722,982  

Shares Redeemed

     (48,544     (2,371,901     (53,091     (2,473,932
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (8,767     (421,687     110,861       5,184,783  
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (8,989,810   $ (443,377,596     (17,112,055   $ (789,179,329
  

 

 

   

 

 

   

 

 

   

 

 

 
Disciplined Equity HLS Fund                         
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     101,894     $ 1,621,572       283,728     $ 4,383,156  

Shares Issued for Reinvested Dividends

                 4,779,020       69,277,938  

Shares Redeemed

     (3,433,045     (54,521,474     (6,394,841     (97,244,218
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (3,331,151     (52,899,902     (1,332,093     (23,583,124
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IB

        

Shares Sold

     50,679     $ 781,094       144,937     $ 2,190,277  

Shares Issued for Reinvested Dividends

                 660,646       9,451,480  

Shares Redeemed

     (507,292     (7,983,247     (1,017,854     (15,281,872
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (456,613     (7,202,153     (212,271     (3,640,115
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (3,787,764   $ (60,102,055     (1,544,364   $ (27,223,239
  

 

 

   

 

 

   

 

 

   

 

 

 
Dividend and Growth HLS Fund                         
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     1,328,945     $ 31,962,831       4,155,891     $ 95,954,389  

Shares Issued for Reinvested Dividends

                 11,597,227       261,460,717  

Shares Redeemed

     (10,320,676     (248,749,061     (19,421,429     (451,326,930
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (8,991,731     (216,786,230     (3,668,311     (93,911,824
  

 

 

   

 

 

   

 

 

   

 

 

 

 

 

  232  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Dividend and Growth HLS Fund – (continued)                         
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IB

        

Shares Sold

     220,213     $ 5,241,002       375,911     $ 8,685,861  

Shares Issued for Reinvested Dividends

                 1,593,174       35,652,495  

Shares Redeemed

     (1,534,462     (36,676,165     (3,425,042     (79,084,752
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (1,314,249     (31,435,163     (1,455,957     (34,746,396
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (10,305,980   $     (248,221,393     (5,124,268   $ (128,658,220
  

 

 

   

 

 

   

 

 

   

 

 

 
Global Growth HLS Fund  
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     763,646     $ 22,538,533       1,167,362     $ 30,260,457  

Shares Issued for Reinvested Dividends

                 811,179       20,798,629  

Shares Redeemed

     (1,256,709     (37,179,659     (2,159,005     (55,663,972
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (493,063     (14,641,126     (180,464     (4,604,886
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IB

        

Shares Sold

     133,196     $ 3,883,937       205,454     $ 5,206,011  

Shares Issued for Reinvested Dividends

                 156,643       3,981,856  

Shares Redeemed

     (257,085     (7,558,331     (611,170     (15,562,567
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (123,889     (3,674,394     (249,073     (6,374,700
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (616,952   $ (18,315,520     (429,537   $ (10,979,586
  

 

 

   

 

 

   

 

 

   

 

 

 
Growth Opportunities HLS Fund  
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     319,012     $ 13,143,307       1,055,813     $ 35,715,356  

Shares Issued for Reinvested Dividends

                 456,670       16,106,761  

Shares Redeemed

     (2,340,865     (96,651,671     (5,385,187     (187,447,545
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (2,021,853     (83,508,364     (3,872,704     (135,625,428
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IB

        

Shares Sold

     106,662     $ 4,260,732       226,887     $ 7,648,732  

Shares Issued for Reinvested Dividends

                 55,466       1,881,415  

Shares Redeemed

     (348,901     (13,767,106     (837,366     (27,997,475
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (242,239     (9,506,374     (555,013     (18,467,328
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IC

        

Shares Sold

     44,358     $ 1,803,599       104,552     $ 3,540,640  

Shares Issued for Reinvested Dividends

                 11,639       403,653  

Shares Redeemed

     (50,643     (2,048,527     (81,843     (2,819,857
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (6,285     (244,928     34,348       1,124,436  
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (2,270,377   $ (93,259,666     (4,393,369   $     (152,968,320
  

 

 

   

 

 

   

 

 

   

 

 

 

 

 

  233  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Healthcare HLS Fund  
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     561,680     $ 13,237,928       1,841,982     $ 44,835,798  

Shares Issued for Reinvested Dividends

                 1,933,544       42,557,293  

Shares Redeemed

     (1,465,716     (34,131,774     (2,322,554     (54,827,732
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (904,036     (20,893,846     1,452,972       32,565,359  
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IB

        

Shares Sold

     42,980     $ 958,869       129,384     $ 2,994,650  

Shares Issued for Reinvested Dividends

                 343,098       7,184,474  

Shares Redeemed

     (257,235     (5,744,394     (517,395     (11,565,478
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (214,255     (4,785,525     (44,913     (1,386,354
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (1,118,291   $ (25,679,371     1,408,059     $ 31,179,005  
  

 

 

   

 

 

   

 

 

   

 

 

 
High Yield HLS Fund                         
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     638,412     $ 5,239,687       1,551,820     $ 12,802,783  

Shares Issued for Reinvested Dividends

                 1,763,487       14,107,895  

Shares Redeemed

     (2,826,921     (23,093,971     (5,352,490     (44,291,170
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (2,188,509     (17,854,284     (2,037,183     (17,380,492
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IB

        

Shares Sold

     214,332     $ 1,723,911       398,161     $ 3,249,143  

Shares Issued for Reinvested Dividends

                 551,458       4,345,488  

Shares Redeemed

     (852,945     (6,848,227     (1,811,097     (14,711,242
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (638,613     (5,124,316     (861,478     (7,116,611
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (2,827,122   $ (22,978,600     (2,898,661   $ (24,497,103
  

 

 

   

 

 

   

 

 

   

 

 

 
International Opportunities HLS Fund  
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     4,715,929     $ 83,167,911       14,013,729     $ 228,923,920  

Shares Issued for Reinvested Dividends

                 1,165,749       19,083,304  

Shares Redeemed

     (8,360,119         (147,509,618     (10,831,010         (174,609,123
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (3,644,190     (64,341,707     4,348,468       73,398,101  
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IB

        

Shares Sold

     275,535     $ 4,905,184       595,017     $ 9,615,544  

Shares Issued for Reinvested Dividends

                 109,962       1,824,269  

Shares Redeemed

     (774,292     (13,901,190     (1,810,973     (29,172,721
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (498,757     (8,996,006     (1,105,994     (17,732,908
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (4,142,947   $ (73,337,713     3,242,474     $ 55,665,193  
  

 

 

   

 

 

   

 

 

   

 

 

 

 

 

  234  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

MidCap HLS Fund  
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     3,950,121     $ 165,126,777       9,676,572     $ 363,623,668  

Shares Issued for Reinvested Dividends

                 2,534,154       94,658,888  

Shares Redeemed

     (5,754,378         (241,944,351     (9,315,330         (349,644,474
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (1,804,257     (76,817,574     2,895,396       108,638,082  
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IB

        

Shares Sold

     37,829     $ 1,559,928       203,031     $ 7,530,954  

Shares Issued for Reinvested Dividends

                 139,137       5,084,893  

Shares Redeemed

     (155,671     (6,344,958     (1,660,894     (64,348,851
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (117,842     (4,785,030     (1,318,726     (51,733,004
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (1,922,099   $ (81,602,604     1,576,670     $ 56,905,078  
  

 

 

   

 

 

   

 

 

   

 

 

 
MidCap Value HLS Fund  
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     67,125     $ 847,408       474,578     $ 5,861,095  

Shares Issued for Reinvested Dividends

                 1,786,186       20,308,940  

Shares Redeemed

     (1,617,049     (20,476,312     (3,597,010     (44,123,512
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (1,549,924     (19,628,904     (1,336,246     (17,953,477
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IB

        

Shares Sold

     22,882     $ 287,764       91,141     $ 1,113,838  

Shares Issued for Reinvested Dividends

                 534,256       6,031,748  

Shares Redeemed

     (499,876     (6,253,039     (1,189,202     (14,470,579
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (476,994     (5,965,275     (563,805     (7,324,993
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (2,026,918   $ (25,594,179     (1,900,051   $ (25,278,470
  

 

 

   

 

 

   

 

 

   

 

 

 
Small Cap Growth HLS Fund                         
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     2,045,522     $ 68,500,481       5,723,808     $ 165,058,843  

Shares Issued for Reinvested Dividends

                 13,629       391,968  

Shares Redeemed

     (2,852,673     (95,567,053     (12,168,321     (365,607,978
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (807,151     (27,066,572     (6,430,884     (200,157,167
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IB

        

Shares Sold

     753,426     $ 24,743,547       5,928,739     $ 176,762,856  

Shares Redeemed

     (1,747,655     (57,664,923     (2,636,397     (76,228,471
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (994,229     (32,921,376     3,292,342       100,534,385  
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (1,801,380   $ (59,987,948     (3,138,542   $ (99,622,782
  

 

 

   

 

 

   

 

 

   

 

 

 

 

 

  235  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Small Company HLS Fund                         
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     1,051,436     $ 23,311,529       1,793,489     $ 32,075,623  

Shares Redeemed

     (2,682,674     (58,567,737     (26,402,292     (469,703,430
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (1,631,238     (35,256,208     (24,608,803     (437,627,807
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IB

        

Shares Sold

     150,410     $ 3,055,944       223,321     $ 3,768,830  

Shares Redeemed

     (397,510     (7,939,465     (2,064,656     (34,359,403
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (247,100     (4,883,521     (1,841,335     (30,590,573
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (1,878,338   $ (40,139,729     (26,450,138   $ (468,218,380
  

 

 

   

 

 

   

 

 

   

 

 

 
Small/Mid Cap Equity HLS Fund  
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     251,473     $ 2,255,505       546,142     $ 4,524,831  

Shares Issued for Reinvested Dividends

                 415,135       3,287,870  

Shares Redeemed

     (998,283     (8,860,876     (2,330,941     (19,299,802
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (746,810     (6,605,371     (1,369,664     (11,487,101
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IB

        

Shares Sold

     51,294     $ 455,552       206,491     $ 1,703,656  

Shares Issued for Reinvested Dividends

                 69,948       550,492  

Shares Redeemed

     (199,446     (1,762,772     (724,359     (5,954,090
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (148,152     (1,307,220     (447,920     (3,699,942
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (894,962   $ (7,912,591     (1,817,584   $ (15,187,043
  

 

 

   

 

 

   

 

 

   

 

 

 
Stock HLS Fund  
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     47,769     $ 3,863,891       82,347     $ 6,102,812  

Shares Issued for Reinvested Dividends

                 299,255       23,707,000  

Shares Redeemed

     (1,156,629     (93,141,506     (2,491,889     (184,342,341
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (1,108,860     (89,277,615     (2,110,287     (154,532,529
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IB

        

Shares Sold

     7,956     $ 656,654       24,541     $ 1,800,010  

Shares Issued for Reinvested Dividends

                 26,673       2,111,519  

Shares Redeemed

     (172,492     (13,883,236     (326,619     (24,082,015
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (164,536     (13,226,582     (275,405     (20,170,486
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (1,273,396   $     (102,504,197     (2,385,692   $     (174,703,015
  

 

 

   

 

 

   

 

 

   

 

 

 

 

 

  236  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Total Return Bond HLS Fund  
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     4,178,162     $ 46,776,581       10,804,579     $ 121,912,379  

Shares Issued for Reinvested Dividends

                 5,703,212       64,104,099  

Shares Redeemed

     (15,470,047     (172,304,979     (28,263,945     (319,063,315
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (11,291,885     (125,528,398     (11,756,154     (133,046,837
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IB

        

Shares Sold

     403,940     $ 4,490,077       1,007,204     $ 11,336,689  

Shares Issued for Reinvested Dividends

                 611,268       6,840,084  

Shares Redeemed

     (1,732,917     (19,189,678     (3,290,538     (36,973,156
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (1,328,977     (14,699,601     (1,672,066     (18,796,383
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (12,620,862     $    (140,227,999     (13,428,220     $    (151,843,220
  

 

 

   

 

 

   

 

 

   

 

 

 
Ultrashort Bond HLS Fund  
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     2,374,711     $ 23,943,569       3,269,464     $ 32,898,341  

Shares Issued for Reinvested Dividends

                 385,163       3,863,181  

Shares Redeemed

     (4,626,704     (46,628,728     (10,954,529     (110,225,740
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (2,251,993     (22,685,159     (7,299,902     (73,464,218
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IB

        

Shares Sold

     559,439     $ 5,628,909       766,654     $ 7,701,575  

Shares Issued for Reinvested Dividends

                 35,217       353,222  

Shares Redeemed

     (868,400     (8,738,188     (2,138,208     (21,476,321
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (308,961     (3,109,279     (1,336,337     (13,421,524
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (2,560,954   $ (25,794,438     (8,636,239   $ (86,885,742
  

 

 

   

 

 

   

 

 

   

 

 

 
U.S. Government Securities HLS Fund  
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     791,123     $ 8,042,839       2,103,061     $ 21,772,509  

Shares Issued for Reinvested Dividends

                 729,790       7,516,833  

Shares Redeemed

     (3,140,136     (31,794,041     (6,323,266     (65,421,205
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (2,349,013     (23,751,202     (3,490,415     (36,131,863
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IB

        

Shares Sold

     193,347     $ 1,957,256       351,226     $ 3,626,856  

Shares Issued for Reinvested Dividends

                 135,593       1,395,250  

Shares Redeemed

     (690,265     (6,971,384     (1,335,009     (13,785,552
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (496,918     (5,014,128     (848,190     (8,763,446
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (2,845,931   $ (28,765,330     (4,338,605   $ (44,895,309
  

 

 

   

 

 

   

 

 

   

 

 

 

 

 

  237  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

Value HLS Fund  
     For the Six-Month Period
Ended June 30, 2018
    For the Year Ended
December 31, 2017
 
     Shares     Amount     Shares     Amount  

Class IA

        

Shares Sold

     359,580     $ 5,753,564       695,794     $ 10,990,889  

Shares Issued for Reinvested Dividends

                 2,611,798       39,184,876  

Shares Redeemed

     (2,306,822     (37,130,513     (4,444,508     (70,230,330
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (1,947,242     (31,376,949     (1,136,916     (20,054,565
  

 

 

   

 

 

   

 

 

   

 

 

 

Class IB

        

Shares Sold

     39,718     $ 638,372       75,796     $ 1,195,727  

Shares Issued for Reinvested Dividends

                 435,092       6,498,111  

Shares Redeemed

     (383,648     (6,141,237     (886,742     (13,949,988
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease)

     (343,930     (5,502,865     (375,854     (6,256,150
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Net Increase (Decrease)

     (2,291,172   $     (36,879,814     (1,512,770   $     (26,310,715
  

 

 

   

 

 

   

 

 

   

 

 

 

 

11.

Line of Credit:

Each Fund participates in a committed line of credit pursuant to a credit agreement. Each Fund may borrow under the line of credit for temporary or emergency purposes. The Funds (together with certain other Hartford Funds) may borrow up to $400 million in the aggregate, subject to asset coverage and other limitations specified in the credit agreement. The interest rate on borrowings varies depending on the nature of the loan. The facility also charges a commitment fee, which is allocated to each of the funds participating in the line of credit based on average net assets of the funds. During the six-month period ended June 30, 2018, none of the Funds had borrowings under this facility.

 

12.

Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”) (now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. Although this action was purportedly filed on behalf of certain of the Hartford Funds, none of the Hartford Funds is itself a defendant to the suit. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings.

HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. In March 2014, the plaintiffs filed a new complaint that, among other things, added as new plaintiffs The Hartford Floating Rate Fund and The Hartford Small Company Fund and named as a defendant Hartford Funds Management Company, LLC (“HFMC”), which assumed the role as investment manager to the funds as of January 2013. In June 2015, HFMC and HIFSCO moved for summary judgment, and plaintiffs cross-moved for partial summary judgment with respect to The Hartford Capital Appreciation Fund. In March 2016, the court, in large part, denied summary judgment for all parties. The court granted judgment for HFMC and HIFSCO with respect to all claims made by The Hartford Small Company Fund and certain claims made by The Hartford Floating Rate Fund. The court further ruled that the appropriate measure of damages on the surviving claims is the difference, if any, between the actual advisory fees paid through trial and those that could have been paid under the applicable legal standard. A bench trial on the issue of liability was held in November 2016. On February 28, 2017, the court granted judgment for HIFSCO and HFMC as to all claims. On March 23, 2017, plaintiffs appealed to the United States Court of Appeals for the Third Circuit.

 

 

  238  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2018 (Unaudited)

 

 

 

No accrual for litigation relating to this matter has been recorded in the financial statements of the Funds because the Funds are not party to the suit.

 

13.

Reverse Stock Split:

On October 21, 2013 for the Ultrashort Bond HLS Fund, a reverse stock split was declared for the Class IA and Class IB shares at a ten to one ratio. The effect of the reverse stock split was to divide the number of outstanding shares by the reverse split factor, with a corresponding increase in the net asset value per share. The split was executed at the closing rounded NAV as of the prior business day. This transaction did not change the net assets of the Fund and the total value of a shareholder’s investment in the Fund did not change as a result of the reverse stock split. Data presented in the Financial Highlights has been adjusted retroactively to account for the reverse stock split.

 

14.

Indemnifications:

Under each Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and federal securities laws. In addition, each Company, on behalf of its respective Funds, may enter into contracts that contain a variety of indemnifications. Each Company’s maximum exposure under these arrangements is unknown. However, as of the date of these financial statements, each Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

 

15.

Subsequent Events:

In connection with the preparation of the financial statements of the Funds as of and for the six-month period ended June 30, 2018, events and transactions subsequent to June 30, 2018, through the date the financial statements were issued have been evaluated by the Funds’ management for possible adjustment and/or disclosure. The following subsequent events requiring financial statement adjustment or disclosure have been identified.

Karen H. Grimes, CFA announced her plan to retire and withdraw from the partnership of Wellington Management Group LLP, the ultimate holding company of Wellington Management Company LLP, as of December 31, 2018. Accordingly, she will no longer serve as a portfolio manager to the Balanced HLS Fund or the Value HLS Fund as of December 31, 2018. It is anticipated that Ms. Grimes’ portfolio manager responsibilities will transition to each Fund’s other portfolio managers by December 31, 2018.

Effective November 1, 2018, the name, principal investment strategy, portfolio manager and benchmark of the Hartford Small/Mid Cap Equity HLS Fund will change. As part of these changes, (i) the Fund will change its name to the Hartford MidCap Growth HLS Fund; (ii) the Fund’s non-fundamental policy to invest under normal circumstances at least 80% of its assets in common stocks of small-capitalization and mid-capitalization companies will change to remove the reference to small-capitalization companies; (iii) Tim Manning will replace David J. Elliott, CFA as the Fund’s sole portfolio manager; and (iv) the Fund’s benchmark will change to the Russell Midcap Growth Index from the Russell 2500 Index.

Kent M. Stahl, CFA announced his plan to retire and withdraw from the partnership of Wellington Management Group LLP, the ultimate holding company of Wellington Management Company LLP, as of December 31, 2018. Accordingly, he will no longer serve as a portfolio manager to the Capital Appreciation HLS Fund as of December 31, 2018. Gregg R. Thomas, CFA will remain a portfolio manager on the Capital Appreciation HLS Fund. Mr. Thomas will continue to select and oversee the Capital Appreciation HLS Fund’s portfolio management team and determine how the Capital Appreciation HLS Fund assets are allocated among the team’s members.

HFMC agreed to extend the current contractual management fee waiver of 0.03% for the Balanced HLS Fund. In addition, effective January 1, 2019, HFMC agreed to waive 0.04% of the MidCap Value HLS Fund’s contractual management fee. Each of these contractual management fee waivers will remain in effect until April 30, 2020 unless the Board of Directors of Hartford Series Fund, Inc. approves its earlier termination.

 

 

  239  

 


Hartford HLS Funds

 

 

 

HOW TO OBTAIN A COPY OF EACH FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that each Fund uses to determine how to vote proxies relating to portfolio securities and information about how each Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30, are available (1) without charge, upon request, by calling 888-843-7824 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

Each Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. Each Fund’s Forms N-Q are available (1) without charge, upon request, by calling 888-843-7824 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

 

 

  240  

 


THIS PRIVACY POLICY IS NOT PART OF THIS REPORT

CUSTOMER PRIVACY NOTICE

The Hartford Financial Services Group, Inc. and Affiliates*

(herein called “we, our, and us”)

This Privacy Policy applies to our United States Operations

We value your trust. We are committed to the responsible:

a) management;

b) use; and

c) protection;

of Personal Information.

This notice describes how we collect, disclose, and protect Personal Information.

We collect Personal Information to:

a) service your Transactions with us; and

b) support our business functions.

We may obtain Personal Information from:

a) You;

b) your Transactions with us; and

c) third parties such as a consumer-reporting agency.

Based on the type of product or service You apply for or get from us, Personal Information such as:

a) your name;

b) your address;

c) your income;

d) your payment; or

e) your credit history;

may be gathered from sources such as applications, Transactions, and consumer reports.

To serve You and service our business, we may share certain Personal Information. We will share Personal Information, only as allowed by law, with affiliates such as:

a) our insurance companies;

b) our employee agents;

c) our brokerage firms; and

d) our administrators.

As allowed by law, we may share Personal Financial Information with our affiliates to:

a) market our products; or

b) market our services;

to You without providing You with an option to prevent these disclosures.

We may also share Personal Information, only as allowed by law, with unaffiliated third parties including:

a) independent agents;

b) brokerage firms;

c) insurance companies;

d) administrators; and

e) service providers;

who help us serve You and service our business.

When allowed by law, we may share certain Personal Financial Information with other unaffiliated third parties who assist us by performing services or functions such as:

a) taking surveys;

b) marketing our products or services; or

c) offering financial products or services under a joint agreement between us and one or more financial institutions.

We, and third parties we partner with, may track some of the pages You visit through the use of:

a) cookies;

b) pixel tagging; or

c) other technologies;

and currently do not process or comply with any web browser’s “do not track” signal or other similar mechanism that indicates a request to disable online tracking of individual users who visit our websites or use our services.

For more information, our Online Privacy Policy, which governs information we collect on our website and our affiliate websites, is available at https://www.thehartford.com/online-privacy-policy.

We will not sell or share your Personal Financial Information with anyone for purposes unrelated to our business functions without offering You the opportunity to:

a) “opt-out;” or

b) “opt-in;”

as required by law.

We only disclose Personal Health Information with:

a) your authorization; or

b) as otherwise allowed or required by law.

Our employees have access to Personal Information in the course of doing their jobs, such as:

a) underwriting policies;

b) paying claims;

c) developing new products; or

d) advising customers of our products and services.

We use manual and electronic security procedures to maintain:

a) the confidentiality; and

b) the integrity of;

Personal Information that we have. We use these procedures to guard against unauthorized access.

Some techniques we use to protect Personal Information include:

a) secured files;

b) user authentication;

c) encryption;

 


 

 

d) firewall technology; and

e) the use of detection software.

We are responsible for and must:

a) identify information to be protected;

b) provide an adequate level of protection for that data;

c) grant access to protected data only to those people who must use it in the performance of their job-related duties.

Employees who violate our privacy policies and procedures may be subject to discipline, which may include termination of their employment with us.

We will continue to follow our Privacy Policy regarding Personal Information even when a business relationship no longer exists between us.

As used in this Privacy Notice:

Application means your request for our product or service.

Personal Financial Information means financial information such as:

a) credit history;

b) income;

c) financial benefits; or

d) policy or claim information.

Personal Financial Information may include Social Security Numbers, Driver’s license numbers, or other government-issued identification numbers, or credit, debit card, or bank account numbers.

Personal Health Information means health information such as:

a) your medical records; or

b) information about your illness, disability or injury.

Personal Information means information that identifies You personally and is not otherwise available to the public. It includes: a) Personal Financial Information; and

b) Personal Health Information.

Transaction means your business dealings with us, such as:

a) your Application;

b) your request for us to pay a claim; and

c) your request for us to take an action on your account.

You means an individual who has given us Personal Information in conjunction with:

a) asking about;

b) applying for; or

c) obtaining;

a financial product or service from us if the product or service is used mainly for personal, family, or household purposes.

 

If you have any questions or comments about this privacy notice, please feel free to contact us at The Hartford – Law Department, Privacy Law, One Hartford Plaza, Hartford, CT 06155, or at CorporatePrivacyOffice@thehartford.com.

This Customer Privacy Notice is being provided on behalf of The Hartford Financial Services Group, Inc. and its affiliates (including the following as of March 2018), to the extent required by the Gramm-Leach-Bliley Act and implementing regulations.

1stAGChoice, Inc.; Access CoverageCorp, Inc.; Access CoverageCorp Technologies, Inc.; American Maturity Life Insurance Company; Business Management Group, Inc.; Cervus Claim Solutions, LLC; First State Insurance Company; Fountain Investors I LLC; Fountain Investors II LLC; Fountain Investors III LLC; Fountain Investors IV LLC; FP R, LLC; FTC Resolution Company LLC; Hart Re Group L.L.C.; Hartford Accident and Indemnity Company; Hartford Administrative Services Company; Hartford Casualty General Agency, Inc.; Hartford Casualty Insurance Company; Hartford Financial Services, LLC; Hartford Fire General Agency, Inc.; Hartford Fire Insurance Company; Hartford Funds Distributors, LLC; Hartford Funds Management Company, LLC; Hartford Funds Management Group, Inc.; Hartford Group Benefits Holding Company; Hartford Holdings, Inc.; Hartford Insurance Company of Illinois; Hartford Insurance Company of the Midwest; Hartford Insurance Company of the Southeast; Hartford Insurance, Ltd.; Hartford Integrated Technologies, Inc.; Hartford International Life Reassurance Corporation; Hartford Investment Management Company; Hartford Life and Accident Insurance Company; Hartford Life and Annuity Insurance Company; Hartford Life Insurance Company; Hartford Life, Inc.; Hartford Life International Holding Company; Hartford Life, Ltd.; Hartford Lloyd’s Corporation; Hartford Lloyd’s Insurance Company; Hartford Management, Ltd.; Hartford of Texas General Agency, Inc.; Hartford Residual Market, L.C.C.; Hartford Securities Distribution Company, Inc.; Hartford Specialty Insurance Services of Texas, LLC; Hartford Strategic Investments, LLC; Hartford Underwriters General Agency, Inc.; Hartford Underwriters Insurance Company; Hartford-Comprehensive Employee Benefit Service Company; Heritage Holdings, Inc.; Heritage Reinsurance Company, Ltd.; HIMCO Distribution Services Company; HLA LLC; HL Investment Advisors, LLC; Horizon Management Group, LLC; HRA Brokerage Services, Inc.; Lanidex R, LLC; Lattice Strategies LLC; Maxum Casualty Insurance Company; Maxum Indemnity Company; Maxum Specialty Services Corporation; MPC Resolution Company LLC; New England Insurance Company; New England Reinsurance Corporation; New Ocean Insurance Co., Ltd.; Northern Homelands Company; Nutmeg Insurance Agency, Inc.; Nutmeg Insurance Company; Pacific Insurance Company, Limited; Property and Casualty Insurance Company of Hartford; Sentinel Insurance Company, Ltd.; The Hartford International Asset Management Company Limited; Trumbull Flood Management, L.L.C.; Trumbull Insurance Company; Twin City Fire Insurance Company.

Revised March 2018


 

 

 

Series of Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc. (each a “Fund” and collectively, the “Funds”) are not subsidiaries of The Hartford Financial Services Group, Inc. (“The Hartford”) but are underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in the Funds are not guaranteed by The Hartford or any other entity.

This report is submitted for the general information of the shareholders of the Funds referenced in this report. It is not authorized for distribution to persons who are not shareholders of one or more Funds referenced in this report unless preceded or accompanied by a current prospectus for the relevant Fund. Nothing herein contained is to be considered

an offer of sale or a solicitation of an offer to buy shares of any Fund listed in this report. Such offering is only made by prospectus, which includes details as to the offering price and other material information.

Investors should carefully consider the investment objectives, risks, charges and expenses of a Fund. This and other important information is contained in a Fund’s prospectus and summary prospectus, which can be obtained by visiting hartfordfunds.com. Please read it carefully before investing.

The Funds are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA. Hartford Funds Management Company, LLC (HFMC) is the Funds’ investment manager. The Funds are sub-advised by Wellington Management Company LLP. HFD and HFMC are not affiliated with Wellington Management Company LLP.

HLSSAR18      8-18      207433     Printed in U.S.A.

 

LOGO


Item 2. Code of Ethics.

Not applicable to this semi-annual filing.

Item 3. Audit Committee Financial Expert.

Not applicable to this semi-annual filing.

Item 4. Principal Accountant Fees and Services.

Not applicable to this semi-annual filing.

Item 5. Audit Committee of Listed Registrants.

Not applicable.

Item 6. Investments.

 

  (a)

The Schedule of Investments in securities of unaffiliated issuers as of the close of the reporting period is included as part of the semi-annual report filed under Item 1 of this form.

  (b)

Not applicable.

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable.

Item 8. Portfolio Managers of Closed-End Management Investment Companies.

Not applicable.

Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not applicable.

Item 10. Submission of Matters to a Vote of Security Holders.

There have been no material changes to the procedures by which shareholders may recommend nominees to the registrant’s board of directors since the registrant last provided disclosure in response to this requirement.

Item 11. Controls and Procedures.

 

  (a)

The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as


  amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are generally effective to provide reasonable assurance, as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (17 CFR 240.13a-15(b) or 240.15d-15(b)).

 

  (b)

There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant’s second fiscal quarter of the period covered by this report that have materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.

Not applicable.

Item 13. Exhibits.

 

  (a)(1)

Not applicable.

  (a)(2)

Separate certifications for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)) and Section 302 of the Sarbanes-Oxley Act of 2002 are attached hereto.

  (a)(3)

Not applicable.

  (a)(4)

Not applicable.

  (b)

Certifications pursuant to Rule 30a-2(b) under the 1940 Act and Section 906 of the Sarbanes-Oxley Act of 2002 are attached hereto.

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

   HARTFORD SERIES FUND, INC.   
Date: August 23, 2018    By: /s/ James E. Davey   
         James E. Davey        
         President and Chief Executive Officer   

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

Date: August 23, 2018    By: /s/ James E. Davey   
         James E. Davey        
         President and Chief Executive Officer   
Date: August 23, 2018    By: /s/ Amy N. Furlong   
         Amy N. Furlong   
         Treasurer   
  

(Principal Financial Officer and Principal Accounting Officer)