N-CSRS 1 d773634dncsrs.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, 2019

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

 

Hartford HLS Funds

Semi-Annual Report

June 30, 2019 (Unaudited)

 

 

Hartford Balanced HLS Fund

 

Hartford Capital Appreciation HLS Fund

 

Hartford Disciplined Equity HLS Fund

 

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

 

Hartford MidCap Growth HLS Fund*

 

Hartford MidCap Value HLS Fund

 

Hartford Small Cap Growth HLS Fund

 

Hartford Small Company 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

 

*   Prior to November 1, 2018, the Hartford MidCap Growth HLS Fund was known as the Hartford Small/Mid Cap Equity HLS Fund

Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of each Fund’s shareholder reports like this one will no longer be sent by mail, unless you specifically request paper copies of the reports from the insurance company that offers your variable insurance contract, retirement plan or pension plan or from your financial intermediary, such as a broker-dealer or bank. Instead, the reports will be made available on the Funds’ website (www.hartfordfunds.com). You will be notified by mail each time a report is posted and provided with a website link to access the report. You may at any time elect to receive paper copies of all shareholder reports free of charge by contacting your financial intermediary or your insurance company. Your election to receive reports in paper will apply to all Hartford Funds available under your contract or plan and may apply to all funds held through your financial intermediary. If you previously elected to receive shareholder reports and other communications electronically, you will not be affected by this change and you need not take any action. You may elect to receive shareholder reports and other communications electronically anytime by contacting your financial intermediary.


LOGO

A MESSAGE FROM THE PRESIDENT

Dear Shareholders:

Thank you for investing in Hartford HLS Funds. The following is the Funds’ Semi-Annual Report that covers the period from January 1, 2019 through June 30, 2019.

Market Review

During the six months ended June 30, 2019, U.S. stocks, as measured by the S&P 500 Index (the “Index”),1 gained 18.54%.

 

The strong returns for the period were noteworthy because, despite volatility, the Index closed the first half of 2019 at 2,942 – just shy of 1% from its all-time high. In fact, this was the strongest first half for the Index in more than 20 years.

According to the National Bureau of Economic Research, June 30, 2019 marked a significant milestone – 120 consecutive months of U.S. economic expansion. The expansion began in June 2009, and it matches the previous record expansion from March 1991 to March 2001. In addition, the unemployment rate remains low, long-stagnant wages are now rising, and interest rates appear to be holding steady, all of which should bode well for supporting further growth.

That said, ongoing trade disputes, threats of tariffs, related supply-chain concerns, and an unpredictable political climate continue to weigh on markets and are unlikely to be resolved in the short term. Given these factors, it is reasonable to expect volatility to remain a constant for investors going forward.

We encourage you to maintain a strong relationship with your financial advisor no matter the market environment. 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 HLS 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 Overview

     2  

Benchmark Glossary

     21  

Expense Examples

     23  

Financial Statements:

  

Schedules of Investments:

  

Hartford Balanced HLS Fund

     25  

Hartford Capital Appreciation HLS Fund

     34  

Hartford Disciplined Equity HLS Fund

     39  

Hartford Dividend and Growth HLS Fund

     41  

Hartford Global Growth HLS Fund

     43  

Hartford Growth Opportunities HLS Fund

     45  

Hartford Healthcare HLS Fund

     48  

Hartford High Yield HLS Fund

     50  

Hartford International Opportunities HLS Fund

     56  

Hartford MidCap HLS Fund

     59  

Hartford MidCap Growth HLS Fund (formerly, Hartford Small/Mid Cap Equity HLS Fund)

     61  

Hartford MidCap Value HLS Fund

     63  

Hartford Small Cap Growth HLS Fund

     65  

Hartford Small Company HLS Fund

     68  

Hartford Stock HLS Fund

     71  

Hartford Total Return Bond HLS Fund

     73  

Hartford Ultrashort Bond HLS Fund

     94  

Hartford U.S. Government Securities HLS Fund

     100  

Hartford Value HLS Fund

     105  

Glossary

     107  

Statements of Assets and Liabilities

     108  

Statements of Operations

     111  

Statements of Changes in Net Assets

     114  

Financial Highlights

     121  

Notes to Financial Statements

     130  

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

     158  

Quarterly Portfolio Holdings Information

     158  


Hartford Balanced HLS Fund

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 3/31/1983

Sub-advised by Wellington Management Company LLP

  Investment objective – The Fund seeks long-term total return.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     13.47%        7.28%        6.47%        10.33%  

Class IB

     13.36%        7.03%        6.22%        10.05%  

60% S&P 500 Index/ 35% Bloomberg Barclays
Government/Credit Bond Index/ 5% ICE
BofAML US 3-Month Treasury Bill Index2

     13.66%        9.80%        7.70%        10.39%  

S&P 500 Index

     18.54%        10.42%        10.71%        14.70%  

Bloomberg Barclays Government/Credit Bond Index

     6.90%        8.52%        3.11%        4.09%  

ICE BofAML US 3-Month Treasury Bill Index

     1.24%        2.31%        0.87%        0.49%  

 

1 

Not Annualized

2 

Calculated by Hartford Funds Management Company, LLC

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, 2019, 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.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

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.

As shown in the Fund’s current prospectus, the gross expense ratios are as follows: 0.66% (Class IA) and 0.91% (Class IB). The net expense ratios as shown in the Fund’s current prospectus are as follows: 0.63% (Class IA) and 0.88% (Class IB). Gross expenses do not reflect fee waiver arrangements. Net expenses reflect such arrangements, which remain in effect until April 30, 2020 unless the Fund’s Board of Directors approves an earlier termination. Actual expenses may be higher or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s statutory 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. 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(1)

as of June 30, 2019

 

Category    Percentage of
Net Assets
 

Equity Securities

  

Common Stocks

     65.7
  

 

 

 

Total

     65.7
  

 

 

 

Fixed Income Securities

  

Asset & Commercial Mortgage Backed Securities

     3.0

Corporate Bonds

     17.5  

Foreign Government Obligations

     0.5  

Municipal Bonds

     0.8  

U.S. Government Agencies

     1.1  

U.S. Government Securities

     10.6  
  

 

 

 

Total

     33.5
  

 

 

 

Short-Term Investments

     0.7  

Other Assets & Liabilities

     0.1  
  

 

 

 

Total

     100.0
  

 

 

 

 

(1) 

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

 

 

 

 

  2  

 


Hartford Capital Appreciation HLS Fund

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 4/02/1984

Sub-advised by Wellington Management Company LLP

  Investment objective – The Fund seeks growth of capital.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     21.48%        9.46%        8.39%        12.96%  

Class IB

     21.33%        9.20%        8.12%        12.68%  

Class IC

     21.19%        8.93%        7.85%        12.40%  

Russell 3000 Index

     18.71%        8.98%        10.19%        14.67%  

S&P 500 Index

     18.54%        10.42%        10.71%        14.70%  

 

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, 2019, 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.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

As shown in the Fund’s current prospectus, the total annual fund operating expense ratios for Class IA, Class IB and Class IC were 0.67%, 0.92% and 1.17%, respectively. Actual expenses may be higher or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

The Fund is closed to certain qualified pension and retirement plans. For more information, please see the Fund’s statutory 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. 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 risks 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. 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(1)

as of June 30, 2019

 

Sector    Percentage of
Net Assets
 

Equity Securities

  

Communication Services

     6.5

Consumer Discretionary

     12.7  

Consumer Staples

     8.3  

Energy

     2.9  

Financials

     10.6  

Health Care

     18.0  

Industrials

     12.2  

Information Technology

     16.1  

Materials

     3.4  

Real Estate

     6.0  

Utilities

     2.6  
  

 

 

 

Total

     99.3
  

 

 

 

Short-Term Investments

     1.1  

Other Assets & Liabilities

     (0.4
  

 

 

 

Total

     100.0
  

 

 

 

 

(1) 

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.

 

 

 

  3  

 


Hartford Disciplined Equity HLS Fund

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 5/29/1998

Sub-advised by Wellington Management Company LLP

  Investment objective – The Fund seeks growth of capital.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     19.87%        13.29%        11.94%        15.30%  

Class IB

     19.72%        12.98%        11.66%        15.02%  

S&P 500 Index

     18.54%        10.42%        10.71%        14.70%  

 

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, 2019, 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.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

As shown in the Fund’s current prospectus, 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 or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

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

Important Risks

Investing involves risk, including the possible loss of principal. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies.

Composition by Sector(1)

as of June 30, 2019

 

Sector    Percentage of
Net Assets
 

Equity Securities

  

Communication Services

     7.6

Consumer Discretionary

     9.0  

Consumer Staples

     10.6  

Energy

     1.9  

Financials

     13.6  

Health Care

     16.4  

Industrials

     10.1  

Information Technology

     20.9  

Materials

     2.1  

Real Estate

     2.2  

Utilities

     4.9  
  

 

 

 

Total

     99.3
  

 

 

 

Short-Term Investments

     0.5  

Other Assets & Liabilities

     0.2  
  

 

 

 

Total

     100.0
  

 

 

 

 

(1) 

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.

 

 

 

  4  

 


Hartford Dividend and Growth HLS Fund

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 3/09/1994

Sub-advised by Wellington Management Company LLP

  Investment objective – The Fund seeks a high level of current income consistent with growth of capital.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     15.57%        10.07%        8.97%        13.24%  

Class IB

     15.39%        9.80%        8.69%        12.95%  

S&P 500 Index

     18.54%        10.42%        10.71%        14.70%  

Russell 1000 Value Index

     16.24%        8.46%        7.46%        13.19%  

 

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, 2019, 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.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

As shown in the Fund’s current prospectus, 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 or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

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

Important Risks

Investing involves risk, including the possible loss of principal. 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.

Composition by Sector(1)

as of June 30, 2019

 

Sector    Percentage of
Net Assets
 

Equity Securities

  

Communication Services

     9.2

Consumer Discretionary

     5.7  

Consumer Staples

     5.8  

Energy

     8.0  

Financials

     20.5  

Health Care

     14.3  

Industrials

     9.2  

Information Technology

     14.2  

Materials

     3.9  

Real Estate

     2.7  

Utilities

     4.8  
  

 

 

 

Total

     98.3
  

 

 

 

Short-Term Investments

     1.7  

Other Assets & Liabilities

     0.0
  

 

 

 

Total

     100.0
  

 

 

 

 

*

Percentage rounds to zero.

 

(1) 

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  

 


Hartford Global Growth HLS Fund

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 9/30/1998

Sub-advised by Wellington Management Company LLP

  Investment objective – The Fund seeks growth of capital.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     22.74%        9.44%        11.90%        14.24%  

Class IB

     22.61%        9.16%        11.62%        13.95%  

MSCI World Growth Index (Net)

     21.12%        8.43%        9.09%        12.21%  

 

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, 2019, 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.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

As shown in the Fund’s current prospectus, the total annual fund operating expense ratios for Class IA and Class IB were 0.80% and 1.05%, respectively. Actual expenses may be higher or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

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

Composition by Country(1)

as of June 30, 2019

 

Country    Percentage of
Net Assets
 

Bermuda

     0.6

Canada

     1.4  

China

     3.5  

France

     1.5  

Germany

     1.2  

Hong Kong

     1.3  

India

     0.6  

Ireland

     1.1  

Italy

     1.3  

Japan

     2.6  

Netherlands

     1.2  

Portugal

     0.5  

Russia

     0.6  

Sweden

     1.7  

Switzerland

     5.2  

Taiwan

     1.0  

United Kingdom

     4.9  

United States

     68.7  

Short-Term Investments

     1.0  

Other Assets & Liabilities

     0.1  
  

 

 

 

Total

     100.0
  

 

 

 

 

(1) 

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.

 

 

 

  6  

 


Hartford Growth Opportunities HLS Fund

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 3/24/1987

Sub-advised by Wellington Management Company LLP

  Investment objective – The Fund seeks capital appreciation.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     28.56%        12.62%        14.89%        17.27%  

Class IB

     28.39%        12.34%        14.61%        16.97%  

Class IC

     28.24%        12.06%        14.32%        16.69%  

Russell 3000 Growth Index

     21.41%        10.60%        13.02%        16.13%  

Russell 1000 Growth Index

     21.49%        11.56%        13.39%        16.28%  

 

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, 2019, 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.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

As shown in the Fund’s current prospectus, the total annual fund operating expense ratios for Class IA, Class IB and Class IC were 0.65%, 0.90% and 1.15%, respectively. Actual expenses may be higher or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

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

Important Risks

Investing involves risk, including the possible loss of principal. 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. 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(1)

as of June 30, 2019

 

Sector    Percentage of
Net Assets
 

Equity Securities

  

Communication Services

     13.3

Consumer Discretionary

     19.6  

Consumer Staples

     3.9  

Financials

     3.0  

Health Care

     19.3  

Industrials

     7.3  

Information Technology

     29.5  

Real Estate

     1.0  
  

 

 

 

Total

     96.9
  

 

 

 

Short-Term Investments

     2.9  

Other Assets & Liabilities

     0.2  
  

 

 

 

Total

     100.0
  

 

 

 

 

(1) 

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  

 


Hartford Healthcare HLS Fund

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 5/01/2000

Sub-advised by Wellington Management Company LLP

  Investment objective – The Fund seeks long-term capital appreciation.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     16.20%        7.04%        10.19%        16.76%  

Class IB

     16.10%        6.76%        9.91%        16.46%  

S&P Composite 1500 Health Care Index

     8.40%        12.00%        11.03%        15.99%  

S&P 500 Index

     18.54%        10.42%        10.71%        14.70%  

 

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, 2019, 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.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

As shown in the Fund’s current prospectus, the total annual fund operating expense ratios for Class IA and Class IB were 0.89% and 1.14%, respectively. Actual expenses may be higher or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

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

Important Risks

Investing involves risk, including the possible loss of principal. 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.

Composition by Subsector(1)

as of June 30, 2019

 

Subsector    Percentage of
Net Assets
 

Equity Securities

  

Biotechnology

     25.1

Health Care Equipment & Supplies

     23.6  

Health Care Providers & Services

     16.3  

Health Care Technology

     1.4  

Life Sciences Tools & Services

     6.9  

Pharmaceuticals

     25.4  
  

 

 

 

Total

     98.7
  

 

 

 

Short-Term Investments

     4.5  

Other Assets & Liabilities

     (3.2
  

 

 

 

Total

     100.0
  

 

 

 

 

(1) 

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

 

 

 

  8  

 


Hartford High Yield HLS Fund

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 9/30/1998

Sub-advised by Wellington Management Company LLP

  Investment objective – The Fund seeks to provide high current income, and long-term total return.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     10.07%        6.80%        3.98%        8.90%  

Class IB

     9.97%        6.61%        3.73%        8.64%  

Bloomberg Barclays U.S. Corporate High Yield Bond Index

     9.94%        7.48%        4.70%        9.24%  

 

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, 2019, 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 prior to 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.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

As shown in the Fund’s current prospectus, 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 or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

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

Important Risks

Investing involves risk, including the possible loss of principal. 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. 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. Restricted securities may be more difficult to sell and price than other securities.

Composition by Security Type(1)

as of June 30, 2019

 

Category    Percentage of
Net Assets
 

Equity Securities

  

Common Stocks

     0.9

Escrows

     0.4  
  

 

 

 

Total

     1.3
  

 

 

 

Fixed Income Securities

  

Convertible Bonds

     0.6

Corporate Bonds

     90.4  

Senior Floating Rate Interests

     5.8  
  

 

 

 

Total

     96.8
  

 

 

 

Short-Term Investments

     2.1  

Other Assets & Liabilities

     (0.2
  

 

 

 

Total

     100.0
  

 

 

 

 

(1) 

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

 

 

 

  9  

 


Hartford International Opportunities HLS Fund

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 7/02/1990

Sub-advised by Wellington Management Company LLP

  Investment objective – The Fund seeks long-term growth of capital.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     18.76%        -0.01%        3.01%        7.87%  

Class IB

     18.59%        -0.28%        2.74%        7.60%  

MSCI All Country World (ACWI) ex USA Index (Net)

     13.60%        1.29%        2.16%        6.54%  

 

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, 2019, 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.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

As shown in the Fund’s current prospectus, 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 or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

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

Important Risks

Investing involves risk, including the possible loss of principal. 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.

 

Composition by Sector(1)

as of June 30, 2019

 

Sector    Percentage of
Net Assets
 

Equity Securities

  

Communication Services

     8.9

Consumer Discretionary

     10.8  

Consumer Staples

     8.3  

Energy

     5.7  

Financials

     17.2  

Health Care

     11.0  

Industrials

     15.1  

Information Technology

     7.4  

Materials

     3.1  

Real Estate

     5.2  

Utilities

     4.6  
  

 

 

 

Total

     97.3
  

 

 

 

Short-Term Investments

     3.0  

Other Assets & Liabilities

     (0.3
  

 

 

 

Total

     100.0
  

 

 

 

 

(1) 

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.

 

 

 

  10  

 


Hartford MidCap HLS Fund

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 7/14/1997

Sub-advised by Wellington Management Company LLP

  Investment objective – The Fund seeks long-term growth of capital.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     26.03%        8.50%        10.59%        15.65%  

Class IB

     25.84%        8.24%        10.32%        15.36%  

S&P MidCap 400 Index

     17.97%        1.36%        8.02%        14.64%  

 

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, 2019, 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.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

As shown in the Fund’s current prospectus, the total annual fund operating expense ratios for Class IA and Class IB were 0.69% and 0.94%, respectively. Actual expenses may be higher or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

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

Important Risks

Investing involves risk, including the possible loss of principal. 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.

Composition by Sector(1)

as of June 30, 2019

 

Sector    Percentage of
Net Assets
 

Equity Securities

  

Communication Services

     1.6

Consumer Discretionary

     9.5  

Energy

     1.1  

Financials

     13.2  

Health Care

     19.8  

Industrials

     17.8  

Information Technology

     29.4  

Materials

     2.9  

Real Estate

     1.9  

Utilities

     2.6  
  

 

 

 

Total

     99.8
  

 

 

 

Short-Term Investments

     0.6  

Other Assets & Liabilities

     (0.4
  

 

 

 

Total

     100.0
  

 

 

 

 

(1) 

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.

 

 

 

  11  

 


Hartford MidCap Growth HLS Fund (formerly, Hartford Small/Mid Cap Equity HLS Fund)

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 5/01/1998

Sub-advised by Wellington Management Company LLP

  Investment objective – The Fund seeks long-term growth of capital.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     27.75%        10.40%        8.12%        14.33%  

Class IB

     27.53%        10.05%        7.83%        14.03%  

Russell Midcap Growth Index

     26.08%        13.94%        11.10%        16.02%  

Russell 2500 Index

     19.25%        1.77%        7.66%        14.44%  

 

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, 2019, 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 prior to 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.

Performance information prior to November 1, 2018, includes the Fund’s performance when it pursued different strategies. For more information, please see the Fund’s statutory prospectus.

Effective November 1, 2018, the Fund changed its benchmark to the Russell Midcap Growth Index from the Russell 2500 Index because Hartford Funds Management Company, LLC believes it better reflects the Fund’s revised investment strategy.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

As shown in the Fund’s current prospectus, the total annual fund operating expense ratios for Class IA and Class IB were 0.91% and 1.16%, respectively. Actual expenses may be higher or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

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

Important Risks

Investing involves risk, including the possible loss of principal. 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 investment styles may go in and out of favor, which may cause the Fund to underperform the broader stock market.

 

Composition by Sector(1)

as of June 30, 2019

 

Sector    Percentage of
Net Assets
 

Equity Securities

  

Communication Services

     3.9

Consumer Discretionary

     23.4  

Financials

     3.0  

Health Care

     18.0  

Industrials

     13.5  

Information Technology

     34.3  

Real Estate

     2.9  
  

 

 

 

Total

     99.0
  

 

 

 

Short-Term Investments

     1.1  

Other Assets & Liabilities

     (0.1
  

 

 

 

Total

     100.0
  

 

 

 

 

(1) 

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.

 

 

 

  12  

 


Hartford MidCap Value HLS Fund

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 4/30/2001

Sub-advised by Wellington Management Company LLP

  Investment objective – The Fund seeks long-term capital appreciation.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     17.42%        -0.48%        4.75%        13.11%  

Class IB

     17.21%        -0.82%        4.48%        12.82%  

Russell MidCap Value Index

     18.02%        3.68%        6.72%        14.56%  

Russell 2500 Value Index

     15.26%        -1.92%        5.55%        13.28%  

 

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, 2019, 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.

Effective 3/31/19, the Russell 2500 Value Index is no longer one of the Fund’s benchmarks. Hartford Funds Management Company, LLC, the investment manager, believes that the Russell MidCap Value Index better reflects the Fund’s investment strategy.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

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.

As shown in the Fund’s current prospectus, the gross expense ratios are as follows: 0.85% (Class IA) and 1.10% (Class IB). The net expense ratios are as shown in the Fund’s current prospectus as follows: 0.81% (Class IA) and 1.06% (Class IB). Gross expenses do not reflect fee waiver arrangements. Net expenses reflect such arrangements, which remain in effect until April 30, 2020 unless the Fund’s Board of Directors approves an earlier termination. Actual expenses may be higher or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

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

Important Risks

Investing involves risk, including the possible loss of principal. 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 investment styles may go in and out of favor, which may cause the Fund to underperform the broader stock market.

 

Composition by Sector(1)

as of June 30, 2019

 

Sector    Percentage of
Net Assets
 

Equity Securities

  

Communication Services

     3.9

Consumer Discretionary

     4.1  

Consumer Staples

     2.3  

Energy

     7.0  

Financials

     19.0  

Health Care

     7.4  

Industrials

     13.7  

Information Technology

     14.1  

Materials

     8.4  

Real Estate

     12.0  

Utilities

     6.9  
  

 

 

 

Total

     98.8
  

 

 

 

Short-Term Investments

     2.7  

Other Assets & Liabilities

     (1.5
  

 

 

 

Total

     100.0
  

 

 

 

 

(1) 

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  

 


Hartford Small Cap Growth HLS Fund

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 5/02/1994

Sub-advised by Wellington Management Company LLP

  Investment objective – The Fund seeks long-term capital appreciation.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     23.73%        0.50%        8.68%        16.34%  

Class IB

     23.58%        0.27%        8.41%        16.05%  

Russell 2000 Growth Index

     20.36%        -0.49%        8.63%        14.41%  

 

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, 2019, 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.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

Performance information prior to 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 serves as an additional sub-adviser to the Fund.

As shown in the Fund’s current prospectus, the total annual fund operating expense ratios for Class IA and Class IB were 0.65% and 0.90%, respectively. Expenses shown include acquired fund fees and expenses. Actual expenses may be higher or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

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

Important Risks

Investing involves risk, including the possible loss of principal. 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 of favor, which may cause the Fund to underperform the broader stock market.

Composition by Sector(1)

as of June 30, 2019

 

Sector    Percentage of
Net Assets
 

Equity Securities

  

Communication Services

     0.8

Consumer Discretionary

     13.5  

Consumer Staples

     3.3  

Energy

     1.3  

Financials

     10.8  

Health Care

     27.6  

Industrials

     17.4  

Information Technology

     18.3  

Materials

     3.0  

Real Estate

     2.8  
  

 

 

 

Total

     98.8
  

 

 

 

Short-Term Investments

     5.4  

Other Assets & Liabilities

     (4.2
  

 

 

 

Total

     100.0
  

 

 

 

 

(1) 

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.

 

 

 

  14  

 


Hartford Small Company HLS Fund

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 8/09/1996

Sub-advised by Wellington Management Company LLP

  Investment objective – The Fund seeks growth of capital.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     28.02%        8.66%        8.24%        14.35%  

Class IB

     27.92%        8.38%        7.98%        14.07%  

Russell 2000 Growth Index

     20.36%        -0.49%        8.63%        14.41%  

 

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, 2019, 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.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

Performance information prior to 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 serves as an additional sub-adviser to the Fund.

As shown in the Fund’s current prospectus, 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 or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

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

Important Risks

Investing involves risk, including the possible loss of principal. 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 of favor, which may cause the Fund to underperform the broader stock market.

 

Composition by Sector(1)

as of June 30, 2019

 

Sector    Percentage of
Net Assets
 

Equity Securities

  

Communication Services

     0.8

Consumer Discretionary

     18.8  

Consumer Staples

     2.2  

Energy

     0.7  

Financials

     6.8  

Health Care

     27.2  

Industrials

     14.8  

Information Technology

     19.4  

Materials

     2.3  

Real Estate

     4.2  
  

 

 

 

Total

     97.2
  

 

 

 

Short-Term Investments

     4.4  

Other Assets & Liabilities

     (1.6
  

 

 

 

Total

     100.0
  

 

 

 

 

(1) 

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.

 

 

 

  15  

 


Hartford Stock HLS Fund

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 8/31/1977

Sub-advised by Wellington Management Company LLP

  Investment objective – The Fund seeks long-term growth of capital.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     20.90%        18.43%        11.31%        14.44%  

Class IB

     20.74%        18.14%        11.03%        14.16%  

Russell 1000 Index

     18.84%        10.02%        10.45%        14.77%  

 

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, 2019, 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.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

As shown in the Fund’s current prospectus, 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 or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

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

Important Risks

Investing involves risk, including the possible loss of principal. 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.

Composition by Sector(1)

as of June 30, 2019

 

Sector    Percentage of
Net Assets
 

Equity Securities

  

Consumer Discretionary

     12.8

Consumer Staples

     16.2  

Energy

     1.5  

Financials

     11.7  

Health Care

     17.0  

Industrials

     18.7  

Information Technology

     9.4  

Materials

     5.1  

Real Estate

     5.9  
  

 

 

 

Total

     98.3
  

 

 

 

Short-Term Investments

     1.2  

Other Assets & Liabilities

     0.5  
  

 

 

 

Total

     100.0
  

 

 

 

 

(1)

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.

 

 

 

  16  

 


Hartford Total Return Bond HLS Fund

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 8/31/1977

Sub-advised by Wellington Management Company LLP

  Investment objective – The Fund seeks a competitive total return, with income as a secondary objective.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     7.26%        8.01%        3.26%        4.90%  

Class IB

     7.01%        7.66%        2.99%        4.63%  

Bloomberg Barclays U.S. Aggregate Bond Index

     6.11%        7.87%        2.95%        3.90%  

 

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, 2019, 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 prior to 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.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

As shown in the Fund’s current prospectus, 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 or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

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

Important Risks

Investing involves risk, including the possible loss of principal. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. The Fund may allocate a portion of its assets to specialist portfolio managers, which may not work as intended. 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. 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. Restricted securities may be more difficult to sell and price than other securities.

Composition by Security Type(1)

as of June 30, 2019

 

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

     27.5

Corporate Bonds

     29.4  

Foreign Government Obligations

     1.4  

Municipal Bonds

     0.9  

Senior Floating Rate Interests

     2.4  

U.S. Government Agencies

     45.3  

U.S. Government Securities

     16.0  
  

 

 

 

Total

     122.9
  

 

 

 

Short-Term Investments

     2.5  

Purchased Options

     0.2  

Other Assets & Liabilities

     (25.7
  

 

 

 

Total

     100.0
  

 

 

 

 

*

Percentage rounds to zero.

 

(1) 

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

 

 

 

  17  

 


Hartford Ultrashort Bond HLS Fund

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 8/31/1977

Sub-advised by Wellington Management Company LLP

  Investment objective – The Fund seeks total return and income consistent with preserving capital and maintaining liquidity.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      Since
Inception2
 

Class IA

     1.68%        2.66%        1.05%        0.96%  

Class IB

     1.59%        2.37%        0.78%        0.70%  

Bloomberg Barclays Short Treasury 9-12 Month Index

     1.69%        2.88%        1.06%        0.96%  

 

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, 2019.

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, 2019, 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.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

As shown in the Fund’s current prospectus, 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 or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

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

Important Risks

Investing involves risk, including the possible loss of principal. 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 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. Restricted 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(1)

as of June 30, 2019

 

Category    Percentage of
Net Assets
 

Fixed Income Securities

  

Asset & Commercial Mortgage Backed Securities

     38.7

Corporate Bonds

     33.9  

Municipal Bonds

     0.3  

U.S. Government Agencies

     0.6  

U.S. Government Securities

     23.8  
  

 

 

 

Total

     97.3
  

 

 

 

Short-Term Investments

     4.4  

Other Assets & Liabilities

     (1.7
  

 

 

 

Total

     100.0
  

 

 

 

 

(1) 

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

 

 

 

  18  

 


Hartford U.S. Government Securities HLS Fund

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 3/24/1987

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.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     3.98%        5.38%        2.00%        2.53%  

Class IB

     3.88%        5.17%        1.73%        2.28%  

Bloomberg Barclays Intermediate Government Bond Index

     3.96%        6.15%        1.94%        2.38%  

 

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, 2019, 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 prior to 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.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

As shown in the Fund’s current prospectus, the total annual fund operating expense ratios for Class IA and Class IB were 0.53% and 0.78%, respectively. Expenses shown include acquired fund fees and expenses. Actual expenses may be higher or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

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

Important Risks

Investing involves risk, including the possible loss of principal. 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 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 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. Restricted securities may be more difficult to sell and price than other securities.

Composition by Security Type(1)

as of June 30, 2019

 

Category    Percentage of
Net Assets
 

Fixed Income Securities

  

Asset & Commercial Mortgage Backed Securities

     20.3

U.S. Government Agencies

     67.9  

U.S. Government Securities

     24.0  
  

 

 

 

Total

     112.2
  

 

 

 

Short-Term Investments

     1.1  

Other Assets & Liabilities

     (13.3
  

 

 

 

Total

     100.0
  

 

 

 

 

(1) 

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

 

 

 

  19  

 


Hartford Value HLS Fund

Fund Overview

June 30, 2019 (Unaudited)

 

 

 

Inception 4/30/2001

Sub-advised by Wellington Management Company LLP

  Investment objective – The Fund seeks long-term total return.

 

Average Annual Total Returns

for the Periods Ending 6/30/19

 

      6 Months1      1 Year      5 Years      10 Years  

Class IA

     16.55%        5.94%        6.87%        12.04%  

Class IB

     16.50%        5.70%        6.60%        11.76%  

Russell 1000 Value Index

     16.24%        8.46%        7.46%        13.19%  

 

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, 2019, 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.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

As shown in the Fund’s current prospectus, 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 or lower. Please see the accompanying Financial Highlights for expense ratios for the period ended June 30, 2019.

The table does 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.

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

Important Risks

Investing involves risk, including the possible loss of principal. 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.

Composition by Sector(1)

as of June 30, 2019

 

Sector    Percentage of
Net Assets
 

Equity Securities

  

Communication Services

     5.2

Consumer Discretionary

     4.5  

Consumer Staples

     5.3  

Energy

     8.4  

Financials

     23.0  

Health Care

     18.4  

Industrials

     9.7  

Information Technology

     11.4  

Materials

     4.6  

Real Estate

     3.3  

Utilities

     5.0  
  

 

 

 

Total

     98.8
  

 

 

 

Short-Term Investments

     2.1  

Other Assets & Liabilities

     (0.9
  

 

 

 

Total

     100.0
  

 

 

 

 

(1) 

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.

 

 

 

  20  

 


Hartford HLS Funds

Benchmark Glossary (Unaudited)

 

 

 

Bloomberg Barclays Government/Credit Bond Index (reflects no deduction for fees, expenses or taxes) is designed to measure 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.

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.

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.

Bloomberg Barclays U.S. Aggregate Bond Index (reflects no deduction for fees, expenses or taxes) is composed of securities that are Securities and Exchange Commission 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.

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 Securities and Exchange Commission.

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.

MSCI ACWI 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.

MSCI World Growth 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 securities exhibiting overall growth style characteristics across developed markets.

Russell Midcap Growth Index (reflects no deduction for fees, expenses or taxes) is designed to measure the performance of the mid-cap growth segment of the US equity universe. It includes those Russell Midcap Index companies with higher price-to-book ratios and higher forecasted growth values.

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.

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

Russell 2500 Index (reflects no deduction for fees, expenses or taxes) is designed to measure 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 U.S. Companies based on a combination of their market capitalization and current index membership.

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

Russell 2000 Growth Index (reflects no deduction for fees, expenses or taxes) is designed to measure the performance of those Russell 2000 Index 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.

Russell 3000 Growth Index (reflects no deduction for fees, expenses or taxes) is designed to measure the performance of those Russell 3000 Index companies with higher price-to-book ratios and higher forecasted growth values. The Russell 3000 Index is designed to measures the performance of the 3,000 largest U.S. companies based on total market capitalization.

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

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.

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 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.

 

 

 

  21  

 


Hartford HLS Funds

Benchmark Glossary (Unaudited) – (continued)

 

 

 

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® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”). BARCLAYS® is a trademark and service mark of Barclays Bank Plc (collectively with its affiliates, “Barclays”), used under license. Bloomberg or Bloomberg’s licensors, including Barclays, own all proprietary rights in the Bloomberg Barclays Indices. Neither Bloomberg nor Barclays approves or endorses this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.

Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any of such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.

 

 

 

  22  

 


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, 2019 through June 30, 2019. 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 The 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).

 

     Actual Return      Hypothetical (5% return before expenses)  
      Beginning
Account Value
January 1, 2019
     Ending
Account Value
June 30, 2019
     Expenses paid
during the period
January 1, 2019
through
June 30, 2019
     Beginning
Account Value
January 1, 2019
     Ending
Account Value
June 30, 2019
     Expenses paid
during the period
January 1, 2019
through
June 30, 2019
     Annualized
expense
ratio
 

Hartford Balanced HLS Fund

 

Class IA

   $     1,000.00      $     1,134.70      $     3.33      $     1,000.00      $     1,021.67      $     3.16        0.63

Class IB

   $ 1,000.00      $ 1,133.60      $ 4.66      $ 1,000.00      $ 1,020.43      $ 4.41        0.88

Hartford Capital Appreciation HLS Fund

 

Class IA

   $ 1,000.00      $ 1,214.80      $ 3.73      $ 1,000.00      $ 1,021.42      $ 3.41        0.68

Class IB

   $ 1,000.00      $ 1,213.30      $ 5.10      $ 1,000.00      $ 1,020.18      $ 4.66        0.93

Class IC

   $ 1,000.00      $ 1,211.90      $ 6.47      $ 1,000.00      $ 1,018.94      $ 5.91        1.18

Hartford Disciplined Equity HLS Fund

 

Class IA

   $ 1,000.00      $ 1,198.70      $ 4.31      $ 1,000.00      $ 1,020.88      $ 3.96        0.79

Class IB

   $ 1,000.00      $ 1,197.20      $ 5.67      $ 1,000.00      $ 1,019.64      $ 5.21        1.04

Hartford Dividend and Growth HLS Fund

 

Class IA

   $ 1,000.00      $ 1,155.70      $ 3.63      $ 1,000.00      $ 1,021.42      $ 3.41        0.68

Class IB

   $ 1,000.00      $ 1,153.90      $ 4.97      $ 1,000.00      $ 1,020.18      $ 4.66        0.93

Hartford Global Growth HLS Fund

 

Class IA

   $ 1,000.00      $ 1,227.40      $ 4.47      $ 1,000.00      $ 1,020.78      $ 4.06        0.81

Class IB

   $ 1,000.00      $ 1,226.10      $ 5.85      $ 1,000.00      $ 1,019.54      $ 5.31        1.06

Hartford Growth Opportunities HLS Fund

 

Class IA

   $ 1,000.00      $ 1,285.60      $ 3.68      $ 1,000.00      $ 1,021.57      $ 3.26        0.65

Class IB

   $ 1,000.00      $ 1,283.90      $ 5.10      $ 1,000.00      $ 1,020.33      $ 4.51        0.90

Class IC

   $ 1,000.00      $ 1,282.40      $ 6.51      $ 1,000.00      $ 1,019.09      $ 5.76        1.15

Hartford Healthcare HLS Fund

 

Class IA

   $ 1,000.00      $ 1,162.00      $ 4.82      $ 1,000.00      $ 1,020.33      $ 4.51        0.90

Class IB

   $ 1,000.00      $ 1,161.00      $ 6.16      $ 1,000.00      $ 1,019.09      $ 5.76        1.15

 

 

  23  

 


Hartford HLS Funds

Expense Examples (Unaudited) – (continued)

 

 

 

     Actual Return      Hypothetical (5% return before expenses)  
      Beginning
Account Value
January 1, 2019
     Ending
Account Value
June 30, 2019
     Expenses paid
during the period
January 1, 2019
through
June 30, 2019
     Beginning
Account Value
January 1, 2019
     Ending
Account Value
June 30, 2019
     Expenses paid
during the period
January 1, 2019
through
June 30, 2019
     Annualized
expense
ratio
 

Hartford High Yield HLS Fund

 

Class IA

   $     1,000.00      $     1,100.70      $     4.06      $     1,000.00      $     1,020.93      $     3.91        0.78

Class IB

   $ 1,000.00      $ 1,099.70      $ 5.36      $ 1,000.00      $ 1,019.69      $ 5.16        1.03

Hartford International Opportunities HLS Fund

 

Class IA

   $ 1,000.00      $ 1,187.60      $ 4.07      $ 1,000.00      $ 1,021.08      $ 3.76        0.75

Class IB

   $ 1,000.00      $ 1,185.90      $ 5.42      $ 1,000.00      $ 1,019.84      $ 5.01        1.00

Hartford MidCap HLS Fund

 

Class IA

   $ 1,000.00      $ 1,260.30      $ 3.92      $ 1,000.00      $ 1,021.32      $ 3.51        0.70

Class IB

   $ 1,000.00      $ 1,258.40      $ 5.32      $ 1,000.00      $ 1,020.08      $ 4.76        0.95

Hartford MidCap Growth HLS Fund

 

Class IA

   $ 1,000.00      $ 1,277.50      $ 5.20      $ 1,000.00      $ 1,020.23      $ 4.61        0.92

Class IB

   $ 1,000.00      $ 1,275.30      $ 6.60      $ 1,000.00      $ 1,018.99      $ 5.86        1.17

Hartford MidCap Value HLS Fund

 

Class IA

   $ 1,000.00      $ 1,174.20      $ 4.42      $ 1,000.00      $ 1,020.73      $ 4.11        0.82

Class IB

   $ 1,000.00      $ 1,172.10      $ 5.76      $ 1,000.00      $ 1,019.49      $ 5.36        1.07

Hartford Small Cap Growth HLS Fund

 

Class IA

   $ 1,000.00      $ 1,237.30      $ 3.55      $ 1,000.00      $ 1,021.62      $ 3.21        0.64

Class IB

   $ 1,000.00      $ 1,235.80      $ 4.93      $ 1,000.00      $ 1,020.38      $ 4.46        0.89

Hartford Small Company HLS Fund

 

Class IA

   $ 1,000.00      $ 1,280.20      $ 4.47      $ 1,000.00      $ 1,020.88      $ 3.96        0.79

Class IB

   $ 1,000.00      $ 1,279.20      $ 5.88      $ 1,000.00      $ 1,019.64      $ 5.21        1.04

Hartford Stock HLS Fund

 

Class IA

   $ 1,000.00      $ 1,209.00      $ 2.85      $ 1,000.00      $ 1,022.22      $ 2.61        0.52

Class IB

   $ 1,000.00      $ 1,207.40      $ 4.21      $ 1,000.00      $ 1,020.98      $ 3.86        0.77

Hartford Total Return Bond HLS Fund

 

Class IA

   $ 1,000.00      $ 1,072.60      $ 2.62      $ 1,000.00      $ 1,022.27      $ 2.56        0.51

Class IB

   $ 1,000.00      $ 1,070.10      $ 3.90      $ 1,000.00      $ 1,021.03      $ 3.81        0.76

Hartford Ultrashort Bond HLS Fund

 

Class IA

   $ 1,000.00      $ 1,016.80      $ 2.25      $ 1,000.00      $ 1,022.56      $ 2.26        0.45

Class IB

   $ 1,000.00      $ 1,015.90      $ 3.50      $ 1,000.00      $ 1,021.32      $ 3.51        0.70

Hartford U.S. Government Securities HLS Fund

 

Class IA

   $ 1,000.00      $ 1,039.80      $ 2.68      $ 1,000.00      $ 1,022.17      $ 2.66        0.53

Class IB

   $ 1,000.00      $ 1,038.80      $ 3.94      $ 1,000.00      $ 1,020.93      $ 3.91        0.78

Hartford Value HLS Fund

 

Class IA

   $ 1,000.00      $ 1,165.50      $ 3.87      $ 1,000.00      $ 1,021.22      $ 3.61        0.72

Class IB

   $ 1,000.00      $ 1,165.00      $ 5.21      $ 1,000.00      $ 1,019.98      $ 4.86        0.97

 

 

  24  

 


Hartford Balanced HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 65.7%  
          Banks - 5.4%  
    1,038,530    

Bank of America Corp.

  $ 30,117,370  
    390,800    

Citigroup, Inc.

    27,367,724  
    331,780    

JP Morgan Chase & Co.

    37,093,004  
    126,840    

PNC Financial Services Group, Inc.

    17,412,595  
     

 

 

 
        111,990,693  
     

 

 

 
          Capital Goods - 6.2%  
    132,280    

Caterpillar, Inc.

    18,028,441  
    322,570    

Fortune Brands Home & Security, Inc.

    18,428,424  
    123,930    

Ingersoll-Rand plc

    15,698,213  
    94,140    

L3Harris Technologies, Inc.

    17,804,698  
    65,020    

Lockheed Martin Corp.

    23,637,371  
    551,930    

nVent Electric plc

    13,682,345  
    152,480    

United Technologies Corp.

    19,852,896  
     

 

 

 
        127,132,388  
     

 

 

 
          Consumer Durables & Apparel - 1.0%  
    230,230    

Skechers USA, Inc. Class A*

    7,249,943  
    401,820    

Tapestry, Inc.

    12,749,748  
     

 

 

 
        19,999,691  
     

 

 

 
          Consumer Services - 0.8%  
    163,246    

Hilton Worldwide Holdings, Inc.

    15,955,664  
     

 

 

 
          Diversified Financials - 1.1%  
    550,920    

Invesco Ltd.

    11,271,823  
    235,750    

TD Ameritrade Holding Corp.

    11,768,640  
     

 

 

 
        23,040,463  
     

 

 

 
          Energy - 3.9%  
    131,650    

Concho Resources, Inc.

    13,583,647  
    171,410    

EOG Resources, Inc.

    15,968,556  
    297,700    

Exxon Mobil Corp.

    22,812,751  
    568,230    

Noble Energy, Inc.

    12,728,352  
    101,770    

Pioneer Natural Resources Co.

    15,658,332  
     

 

 

 
        80,751,638  
     

 

 

 
          Food & Staples Retailing - 0.6%  
    378,310    

US Foods Holding Corp.*

    13,528,366  
     

 

 

 
          Food, Beverage & Tobacco - 1.8%  
    317,270    

Mondelez International, Inc. Class A

    17,100,853  
    254,490    

Philip Morris International, Inc.

    19,985,100  
     

 

 

 
        37,085,953  
     

 

 

 
          Health Care Equipment & Services - 5.1%  
    77,550    

Anthem, Inc.

    21,885,386  
    363,730    

Boston Scientific Corp.*

    15,633,115  
    354,190    

Koninklijke Philips N.V.

    15,398,736  
    237,085    

Medtronic plc

    23,089,708  
    123,400    

UnitedHealth Group, Inc.

    30,110,834  
     

 

 

 
        106,117,779  
     

 

 

 
          Household & Personal Products - 0.7%  
    255,930    

Unilever N.V.

    15,540,070  
     

 

 

 
          Insurance - 2.6%  
    391,000    

American International Group, Inc.

    20,832,480  
    149,270    

Assurant, Inc.

    15,879,343  
    174,850    

Intact Financial Corp.

    16,158,487  
     

 

 

 
        52,870,310  
     

 

 

 
          Materials - 2.8%  
    171,670    

Celanese Corp.

    18,506,026  
    268,486    

Dow, Inc.*

    13,239,045  
    181,000    

FMC Corp.

    15,013,950  
    284,620    

Sealed Air Corp.

    12,176,043  
     

 

 

 
        58,935,064  
     

 

 

 
Shares or Principal Amount   Market Value  
COMMON STOCKS - 65.7% - (continued)  
          Media & Entertainment - 4.5%  
    55,845    

Alphabet, Inc. Class C*

  $ 60,363,419  
    749,110    

Comcast Corp. Class A

    31,672,371  
     

 

 

 
        92,035,790  
     

 

 

 
          Pharmaceuticals, Biotechnology & Life Sciences - 7.5%  
    111,120    

Allergan plc

    18,604,822  
    474,810    

AstraZeneca plc ADR

    19,600,157  
    175,090    

Eli Lilly & Co.

    19,398,221  
    188,170    

Nektar Therapeutics*

    6,695,089  
    176,880    

Neurocrine Biosciences, Inc.*

    14,933,978  
    178,910    

Novartis AG

    16,333,007  
    636,610    

Pfizer, Inc.

    27,577,945  
    63,425    

Roche Holding AG

    17,834,326  
    70,300    

Vertex Pharmaceuticals, Inc.*

    12,891,614  
     

 

 

 
        153,869,159  
     

 

 

 
          Real Estate - 1.1%  
    168,940    

Crown Castle International Corp. REIT

    22,021,329  
     

 

 

 
          Retailing - 3.4%  
    11,702,200    

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

    468,088  
    9,970    

Booking Holdings, Inc.*

    18,690,859  
    138,460    

Home Depot, Inc.

    28,795,526  
    349,290    

TJX Cos., Inc.

    18,470,455  
    67,006    

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

    3,288,663  
     

 

 

 
        69,713,591  
     

 

 

 
          Semiconductors & Semiconductor Equipment - 5.3%  
    176,820    

Analog Devices, Inc.

    19,957,673  
    56,950    

Broadcom, Inc.

    16,393,627  
    586,460    

Intel Corp.

    28,073,840  
    131,630    

KLA-Tencor Corp.

    15,558,666  
    236,970    

Maxim Integrated Products, Inc.

    14,175,545  
    377,050    

Micron Technology, Inc.*

    14,550,360  
     

 

 

 
        108,709,711  
     

 

 

 
          Software & Services - 5.3%  
    60,610    

Adobe, Inc.*

    17,858,737  
    144,540    

Fidelity National Information Services, Inc.

    17,732,167  
    549,070    

Microsoft Corp.

    73,553,417  
     

 

 

 
        109,144,321  
     

 

 

 
          Technology Hardware & Equipment - 2.8%  
    548,900    

Cisco Systems, Inc.

    30,041,297  
    238,160    

NetApp, Inc.

    14,694,472  
    2,585,070    

Nokia Oyj

    12,875,699  
     

 

 

 
        57,611,468  
     

 

 

 
          Telecommunication Services - 1.2%  
    451,520    

Verizon Communications, Inc.

    25,795,338  
     

 

 

 
          Transportation - 1.0%  
    121,010    

Union Pacific Corp.

    20,464,001  
     

 

 

 
          Utilities - 1.6%  
    170,740    

Dominion Energy, Inc.

    13,201,617  
    99,570    

NextEra Energy, Inc.

    20,397,910  
     

 

 

 
        33,599,527  
     

 

 

 
   

Total Common Stocks
(cost $1,019,043,211)

  $ 1,355,912,314  
     

 

 

 
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 3.0%  
          Asset-Backed - Automobile - 0.3%  
$     117,265    

ARI Fleet Lease Trust 1.91%, 04/15/2026(4)

  $ 116,950  
    460,665    

Canadian Pacer Auto Receivables Trust 2.05%, 03/19/2021(4)

    459,997  
 

 

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

 

 

  25  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 3.0% - (continued)  
          Asset-Backed - Automobile - 0.3% - (continued)  
   

Chesapeake Funding LLC

 

$     706,327    

1.91%, 08/15/2029(4)

  $ 702,810  
    502,208    

1 mo. USD LIBOR + 0.450%, 2.84%, 05/15/2029(4)(5)

    502,049  
    399,499    

1 mo. USD LIBOR + 1.000%, 3.39%, 06/15/2028(4)(5)

    400,012  
   

Enterprise Fleet Financing LLC

 

    379,524    

1.97%, 01/20/2023(4)

    378,689  
    153,990    

2.13%, 07/20/2022(4)

    153,762  
    545,217    

2.13%, 05/22/2023(4)

    544,242  
   

First Investors Auto Owner Trust

 

    26,377    

1.86%, 10/15/2021(4)

    26,361  
    200,159    

2.00%, 03/15/2022(4)

    199,949  
    615,000    

3.41%, 04/18/2022(4)

    617,183  
    285,052    

OneMain Direct Auto Receivables Trust 2.31%, 12/14/2021(4)

    284,526  
    442,617    

Securitized Term Auto Receivables Trust 2.04%, 04/26/2021(4)

    441,677  
    285,337    

Wheels SPV LLC 1.88%, 04/20/2026(4)

    284,569  
     

 

 

 
    5,112,776  
     

 

 

 
          Asset-Backed - Finance & Insurance - 1.7%  
    2,234,969    

Ajax Mortgage Loan Trust 3.16%, 09/25/2056(4)(6)

    2,250,354  
    3,480,000    

Atlas Senior Loan Fund Ltd. 3 mo. USD LIBOR + 1.300%, 3.90%, 01/16/2030(4)(5)

    3,471,874  
    1,029,073    

Bayview Koitere Fund Trust 3.50%, 07/28/2057(4)(6)

    1,050,526  
   

Bayview Opportunity Master Fund Trust

 

    541,097    

3.50%, 01/28/2055(4)(6)

    550,677  
    563,300    

3.50%, 06/28/2057(4)(6)

    573,410  
    533,074    

4.00%, 11/28/2053(4)(6)

    549,480  
    741,010    

4.00%, 10/28/2064(4)(6)

    763,989  
    1,705,000    

CIFC Funding Ltd. 3 mo. USD LIBOR + 1.050%, 3.63%, 04/24/2030(4)(5)

    1,692,388  
   

DB Master Finance LLC

 

    315,000    

3.79%, 05/20/2049(4)

    321,716  
    280,000    

4.02%, 05/20/2049(4)

    288,204  
    1,245,000    

Dryden CLO Ltd. 3 mo. USD LIBOR + 1.800%, 4.34%, 01/15/2029(4)(5)

    1,244,382  
   

Ford Credit Floorplan Master Owner Trust

 

    1,375,000    

1.75%, 07/15/2021

    1,374,482  
    430,000    

2.09%, 03/15/2022(4)

    429,245  
   

GreatAmerica Leasing Receivables Funding LLC

 

    1,040,000    

2.36%, 01/20/2023(4)

    1,040,172  
    470,000    

2.60%, 06/15/2021(4)

    471,337  
    332,000    

2.83%, 06/17/2024(4)

    335,658  
    250,000    

Horizon Aircraft Finance Ltd. 3.72%, 07/15/2039(4)

    249,999  
    1,465,000    

KKR CLO Ltd. 3 mo. USD LIBOR + 1.340%, 3.94%, 04/15/2029(4)(5)

    1,464,729  
    2,635,000    

Madison Park Funding Ltd. 3 mo. USD LIBOR + 0.750%, 3.35%, 04/15/2029(4)(5)

    2,608,964  
    2,690,000    

Magnetite VII Ltd. 3 mo. USD LIBOR + 0.800%, 3.40%, 01/15/2028(4)(5)

    2,660,012  
    1,615,000    

Magnetite XVIII Ltd. 3 mo. USD LIBOR + 1.500%, 4.02%, 11/15/2028(4)(5)

    1,602,038  
   

MMAF Equipment Finance LLC

 

    665,000    

2.21%, 10/17/2022(4)

    664,831  
    1,000,000    

2.21%, 12/15/2032(4)

    1,002,028  
    236,382    

OneMain Financial Issuance Trust 3.66%, 02/20/2029(4)

    237,386  
    1,565,000    

SBA Tower Trust 2.90%, 10/15/2044(4)(7)

    1,564,980  
   

Springleaf Funding Trust

 

    233,762    

2.90%, 11/15/2029(4)

    233,995  
    755,000    

3.48%, 05/15/2028(4)

    764,821  
    615,000    

SPS Servicer Advance Receivables Trust 3.62%, 10/17/2050(4)

    623,708  
Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 3.0% - (continued)  
          Asset-Backed - Finance & Insurance - 1.7% - (continued)  
   

Towd Point Mortgage Trust

 

$     978,407    

2.75%, 10/25/2056(4)(6)

  $ 982,286  
    246,388    

2.75%, 04/25/2057(4)(6)

    246,804  
    727,289    

2.75%, 06/25/2057(4)(6)

    730,637  
    343,382    

3.00%, 01/25/2058(4)(6)

    346,999  
    2,635,000    

Treman Park CLO Ltd. 3 mo. USD LIBOR + 1.070%, 3.66%, 10/20/2028(4)(5)

    2,637,340  
    804,133    

Vantage Data Centers Issuer LLC 4.07%, 02/16/2043(4)

    826,390  
     

 

 

 
        35,855,841  
     

 

 

 
          Commercial Mortgage-Backed Securities - 0.3%  
    840,000    

BAMLL Commercial Mortgage Securities Trust 4.23%, 08/10/2038(4)(6)

    928,323  
    2,220,000    

CSMC Trust 2.76%, 04/05/2033(4)

    2,232,580  
   

FREMF Mortgage Trust

 

    230,000    

3.26%, 04/25/2046(4)(6)

    230,750  
    385,000    

3.45%, 05/25/2045(4)(6)

    385,138  
    1,015,000    

4.22%, 09/25/2025(4)(6)

    1,068,550  
    525,000    

5.69%, 04/25/2020(4)(6)

    534,943  
    1,000,000    

SFAVE Commercial Mortgage Securities Trust 4.14%, 01/05/2043(4)(6)

    1,036,529  
     

 

 

 
        6,416,813  
     

 

 

 
          Other ABS - 0.3%  
    310,000    

AASET Trust 3.84%, 05/15/2039(4)

    309,999  
    1,168,160    

AASET U.S. Ltd. 4.45%, 11/18/2038(4)

    1,193,637  
    1,225,000    

BlueMountain CLO Ltd. 3 mo. USD LIBOR + 1.450%, 3.97%, 11/20/2028(4)(5)

    1,212,041  
    605,833    

Castlelake Aircraft Securitization Trust 3.97%, 04/15/2039(4)

    606,857  
    1,695,000    

Hertz Fleet Lease Funding L.P. 2.70%, 01/10/2033(4)

    1,709,317  
    242,983    

MAPS Ltd. 4.46%, 03/15/2044(4)

    251,127  
    1,292,720    

SoFi Consumer Loan Program Trust 3.54%, 11/26/2027(4)

    1,307,565  
    299,554    

START Ireland 4.09%, 03/15/2044(4)

    301,558  
     

 

 

 
        6,892,101  
     

 

 

 
          Whole Loan Collateral CMO - 0.4%  
   

Angel Oak Mortgage Trust LLC

 

    247,232    

2.71%, 11/25/2047(4)(6)

    247,204  
    335,094    

3.63%, 03/25/2049(4)(6)

    339,424  
   

COLT Mortgage Loan Trust

 

    412,069    

2.93%, 02/25/2048(4)(6)

    411,274  
    409,704    

3.69%, 10/26/2048(4)(6)

    415,368  
   

Deephaven Residential Mortgage Trust

 

    334,701    

2.45%, 06/25/2047(4)(6)

    334,482  
    281,068    

2.58%, 10/25/2047(4)(6)

    280,378  
    119,408    

2.73%, 12/26/2046(4)(6)

    119,451  
    457,349    

2.98%, 12/25/2057(4)(6)

    458,518  
    348,673    

3.56%, 04/25/2059(4)(6)

    352,408  
    696,135    

MetLife Securitization Trust 3.00%, 04/25/2055(4)(6)

    702,695  
   

Mill City Mortgage Loan Trust

 

    284,895    

2.50%, 04/25/2057(4)(6)

    284,634  
    766,267    

2.75%, 01/25/2061(4)(6)

    769,281  
    915,139    

New Residential Mortgage Loan Trust 4.00%, 04/25/2057(4)(6)

    952,265  
    654,145    

Towd Point Mortgage Trust 2.25%, 04/25/2056(4)(6)

    650,345  
    837,247    

Verus Securitization Trust 3.21%, 04/25/2059(4)(6)

    843,834  
     

 

 

 
        7,161,561  
     

 

 

 
   

Total Asset & Commercial Mortgage Backed Securities
(cost $61,267,580)

  $ 61,439,092  
     

 

 

 
 

 

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

 

 

  26  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 17.5%  
          Aerospace/Defense - 0.2%  
$     850,000    

BAE Systems Holdings, Inc. 3.85%, 12/15/2025(4)

  $ 888,522  
   

Lockheed Martin Corp.

 

    500,000    

4.07%, 12/15/2042

    553,169  
    256,000    

4.50%, 05/15/2036

    293,737  
    560,000    

4.85%, 09/15/2041

    657,240  
    685,000    

United Technologies Corp. 3.95%, 08/16/2025

    738,705  
     

 

 

 
        3,131,373  
     

 

 

 
          Agriculture - 0.5%  
   

Altria Group, Inc.

 

    560,000    

4.50%, 05/02/2043

    531,947  
    1,995,000    

4.75%, 05/05/2021

    2,078,513  
    200,000    

4.80%, 02/14/2029

    215,158  
    3,160,000    

BAT Capital Corp. 3.56%, 08/15/2027

    3,143,376  
   

BAT International Finance plc

 

    685,000    

2.75%, 06/15/2020(4)

    686,606  
    2,775,000    

3.25%, 06/07/2022(4)

    2,815,131  
    290,000    

3.50%, 06/15/2022(4)

    296,453  
    1,065,000    

Imperial Brands Finance plc 3.75%, 07/21/2022(4)

    1,096,433  
    325,000    

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

    368,557  
     

 

 

 
        11,232,174  
     

 

 

 
          Airlines - 0.2%  
    2,759,294    

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

    2,926,783  
    1,607,367    

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

    1,699,744  
    164,307    

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

    170,478  
     

 

 

 
        4,797,005  
     

 

 

 
          Auto Manufacturers - 0.5%  
   

Daimler Finance North America LLC

 

    150,000    

2.25%, 07/31/2019(4)

    149,937  
    1,440,000    

2.30%, 02/12/2021(4)

    1,434,415  
    4,200,000    

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

    4,138,548  
   

General Motors Financial Co., Inc.

 

    3,185,000    

3.70%, 05/09/2023

    3,231,310  
    1,245,000    

3.95%, 04/13/2024

    1,271,968  
    580,000    

Volkswagen Group of America Finance LLC
2.45%, 11/20/2019(4)

    579,754  
     

 

 

 
        10,805,932  
     

 

 

 
          Beverages - 0.4%  
    1,750,000    

Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide, Inc.
3.65%, 02/01/2026

    1,840,045  
    310,000    

4.70%, 02/01/2036

    340,061  
    280,000    

4.90%, 02/01/2046

    311,761  
   

Anheuser-Busch InBev Worldwide, Inc.

 

    1,125,000    

3.50%, 01/12/2024

    1,175,045  
    220,000    

4.38%, 04/15/2038

    232,235  
    2,515,000    

4.75%, 01/23/2029

    2,855,043  
    1,300,000    

Coca-Cola Femsa S.A.B. de C.V. 3.88%, 11/26/2023

    1,363,449  
    765,000    

Molson Coors Brewing Co. 3.50%, 05/01/2022

    785,370  
     

 

 

 
        8,903,009  
     

 

 

 
          Biotechnology - 0.1%  
    1,340,000    

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

    1,346,730  
    770,000    

Celgene Corp. 3.55%, 08/15/2022

    797,346  
    335,000    

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

    335,986  
     

 

 

 
        2,480,062  
     

 

 

 
          Chemicals - 0.1%  
    2,740,000    

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

    2,767,263  
     

 

 

 
          Commercial Banks - 4.4%  
   

Banco Santander S.A.

 

    1,200,000    

3.13%, 02/23/2023

    1,217,250  
    600,000    

3.85%, 04/12/2023

    622,860  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 17.5% - (continued)  
          Commercial Banks - 4.4% - (continued)  
   

Bank of America Corp.

 

$     1,220,000    

2.63%, 10/19/2020

  $ 1,224,800  
    1,799,000    

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

    1,851,164  
    1,610,000    

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

    1,678,667  
    4,225,000    

4.20%, 08/26/2024

    4,491,180  
   

Barclays plc

 

    2,740,000    

3.20%, 08/10/2021

    2,758,252  
    1,640,000    

3 mo. USD LIBOR + 1.610%, 3.93%, 05/07/2025(5)

    1,669,090  
    1,660,000    

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

    1,689,702  
    1,000,000    

BNP Paribas S.A. 3.38%, 01/09/2025(4)

    1,017,445  
   

BPCE S.A.

 

    2,025,000    

3.50%, 10/23/2027(4)

    2,061,809  
    2,225,000    

5.15%, 07/21/2024(4)

    2,406,962  
    3,625,000    

5.70%, 10/22/2023(4)

    3,962,189  
    1,875,000    

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

    1,967,624  
   

Citigroup, Inc.

 

    1,220,000    

2.50%, 07/29/2019

    1,220,124  
    533,000    

5.30%, 05/06/2044

    634,230  
    290,000    

8.13%, 07/15/2039

    463,888  
    1,695,000    

Citizens Bank NA 2.55%, 05/13/2021

    1,700,016  
   

Credit Agricole S.A.

 

    1,025,000    

3.25%, 10/04/2024(4)

    1,045,436  
    535,000    

3.75%, 04/24/2023(4)

    555,296  
    790,000    

4.38%, 03/17/2025(4)

    826,642  
   

Credit Suisse AG

 

    855,000    

3.00%, 10/29/2021

    868,551  
    250,000    

3.63%, 09/09/2024

    263,341  
   

Credit Suisse Group AG

 

    530,000    

3.57%, 01/09/2023(4)

    541,107  
    345,000    

3 mo. USD LIBOR + 1.240%, 3.68%, 06/12/2024(4)(5)

    345,945  
    260,000    

3 mo. USD LIBOR + 1.410%, 3.87%, 01/12/2029(4)(5)

    268,035  
   

Credit Suisse Group Funding Guernsey Ltd.

 

    1,425,000    

3.75%, 03/26/2025

    1,488,256  
    1,885,000    

3.80%, 09/15/2022

    1,954,183  
   

Danske Bank A/S

 

    775,000    

3.88%, 09/12/2023(4)

    789,880  
    440,000    

5.00%, 01/12/2022(4)

    460,261  
    575,000    

5.38%, 01/12/2024(4)

    621,499  
   

Deutsche Bank AG

 

    1,505,000    

3.15%, 01/22/2021

    1,493,650  
    785,000    

4.25%, 10/14/2021

    795,814  
   

Goldman Sachs Group, Inc.

 

    250,000    

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

    261,291  
    2,460,000    

6.25%, 02/01/2041

    3,298,445  
   

HSBC Holdings plc

 

    1,030,000    

3.40%, 03/08/2021

    1,045,839  
    3,625,000    

3.60%, 05/25/2023

    3,771,341  
    590,000    

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

    645,261  
    1,490,000    

Huntington National Bank 2.40%, 04/01/2020

    1,488,926  
   

ING Groep N.V.

 

    345,000    

3.15%, 03/29/2022

    351,519  
    1,100,000    

3.95%, 03/29/2027

    1,156,647  
   

JP Morgan Chase & Co.

 

    2,240,000    

3.25%, 09/23/2022

    2,301,220  
    1,660,000    

3 mo. USD LIBOR + 1.160%, 3.70%, 05/06/2030(5)

    1,750,255  
    2,775,000    

3 mo. USD LIBOR + 1.330%, 4.45%, 12/05/2029(5)

    3,094,229  
    2,000,000    

4.95%, 03/25/2020

    2,038,247  
 

 

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

 

 

  27  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 17.5% - (continued)  
          Commercial Banks - 4.4% - (continued)  
$     470,000    

Macquarie Bank Ltd. 2.40%, 01/21/2020(4)

  $ 469,931  
    2,215,000    

Macquarie Group Ltd. 3 mo. USD LIBOR + 1.330%, 4.15%, 03/27/2024(4)(5)

    2,309,160  
   

Morgan Stanley

 

    1,450,000    

3.13%, 07/27/2026

    1,477,572  
    2,450,000    

3.63%, 01/20/2027

    2,571,364  
    1,000,000    

3.70%, 10/23/2024

    1,055,029  
    250,000    

5.63%, 09/23/2019

    251,734  
    4,905,000    

NBK SPC Ltd. 2.75%, 05/30/2022(4)

    4,890,805  
    1,755,000    

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

    1,780,868  
   

UBS Group Funding Switzerland AG

 

    1,665,000    

2.95%, 09/24/2020(4)

    1,676,070  
    1,900,000    

3.00%, 04/15/2021(4)

    1,917,382  
   

Wells Fargo & Co.

 

    4,344,000    

4.48%, 01/16/2024

    4,656,390  
    850,000    

4.75%, 12/07/2046

    968,895  
     

 

 

 
        90,183,568  
     

 

 

 
          Commercial Services - 0.3%  
   

CommonSpirit Health

 

    1,854,000    

2.95%, 11/01/2022

    1,872,107  
    245,000    

4.35%, 11/01/2042

    246,321  
   

ERAC USA Finance LLC

 

    655,000    

2.35%, 10/15/2019(4)

    654,226  
    1,800,000    

4.50%, 08/16/2021(4)

    1,876,415  
    1,500,000    

5.63%, 03/15/2042(4)

    1,812,749  
     

 

 

 
        6,461,818  
     

 

 

 
          Diversified Financial Services - 0.4%  
    5,417,742    

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

    6,050,572  
    1,220,000    

Societe Generale S.A. 3.25%, 01/12/2022(4)

    1,237,464  
     

 

 

 
        7,288,036  
     

 

 

 
          Electric - 1.5%  
    1,960,000    

Cleveland Electric Illuminating Co. 3.50%, 04/01/2028(4)

    1,989,938  
   

Dominion Energy South Carolina, Inc.

 

    465,000    

4.25%, 08/15/2028

    517,617  
    105,000    

4.35%, 02/01/2042

    115,022  
    205,000    

4.60%, 06/15/2043

    232,137  
    1,180,000    

6.05%, 01/15/2038

    1,524,165  
    360,000    

6.63%, 02/01/2032

    473,231  
   

Dominion Energy, Inc.

 

    310,000    

2.72%, 08/15/2021(7)

    310,695  
    725,000    

2.96%, 07/01/2019(7)

    725,000  
    1,750,000    

4.10%, 04/01/2021(7)

    1,791,611  
    1,200,000    

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

    1,575,343  
    265,000    

Duke Energy Corp. 3.40%, 06/15/2029

    270,684  
    1,375,000    

Electricite de France S.A. 10 year USD Swap + 3.041%, 5.63%, 01/22/2024(4)(5)(8)

    1,412,812  
    365,000    

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

    366,248  
    1,000,000    

FirstEnergy Corp. 3.90%, 07/15/2027

    1,050,254  
    2,405,000    

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

    2,387,305  
   

Georgia Power Co.

 

    845,000    

4.30%, 03/15/2042

    895,611  
    245,000    

4.75%, 09/01/2040

    267,027  
    1,275,000    

Indianapolis Power and Light Co. 6.60%, 06/01/2037(4)

    1,666,910  
    515,000    

Infraestructura Energetica Nova S.A.B. de C.V. 4.88%, 01/14/2048(4)

    455,775  
   

NextEra Energy Capital Holdings, Inc.

 

    215,000    

3.25%, 04/01/2026

    221,017  
    335,000    

3.50%, 04/01/2029

    348,442  
    645,000    

Niagara Mohawk Power Corp. 4.28%, 12/15/2028(4)

    709,761  
    1,325,000    

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

    1,549,854  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 17.5% - (continued)  
          Electric - 1.5% - (continued)  
   

Oncor Electric Delivery Co. LLC

 

$     385,000    

2.95%, 04/01/2025

  $ 395,439  
    1,185,000    

4.10%, 06/01/2022

    1,242,877  
   

SCANA Corp.

 

    893,000    

4.13%, 02/01/2022(9)

    912,211  
    1,222,000    

4.75%, 05/15/2021

    1,252,408  
    484,000    

6.25%, 04/01/2020

    494,154  
    2,000,000    

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

    2,295,833  
   

Southern Co.

 

    1,450,000    

2.75%, 06/15/2020

    1,454,501  
    2,050,000    

2.95%, 07/01/2023

    2,080,702  
     

 

 

 
        30,984,584  
     

 

 

 
          Engineering & Construction - 0.1%  
   

SBA Tower Trust

 

    1,235,000    

2.88%, 07/15/2046(4)

    1,237,239  
    225,000    

3.45%, 03/15/2048(4)

    231,345  
     

 

 

 
        1,468,584  
     

 

 

 
          Food - 0.3%  
   

Conagra Brands, Inc.

 

    455,000    

4.60%, 11/01/2025

    495,315  
    330,000    

5.30%, 11/01/2038

    357,962  
   

Kraft Heinz Foods Co.

 

    530,000    

3.00%, 06/01/2026

    515,736  
    2,030,000    

4.00%, 06/15/2023

    2,126,902  
    1,890,000    

4.38%, 06/01/2046

    1,795,725  
    1,065,000    

Kroger Co. 4.00%, 02/01/2024

    1,125,927  
    480,000    

Sigma Alimentos S.A. de C.V. 4.13%, 05/02/2026(4)

    483,485  
     

 

 

 
        6,901,052  
     

 

 

 
          Gas - 0.1%  
    330,000    

Boston Gas Co. 3.15%, 08/01/2027(4)

    335,283  
    1,870,000    

KeySpan Gas East Corp. 2.74%, 08/15/2026(4)

    1,844,990  
     

 

 

 
        2,180,273  
     

 

 

 
          Healthcare - Products - 0.1%  
    135,000    

Boston Scientific Corp. 4.00%, 03/01/2029

    146,040  
   

Medtronic, Inc.

 

    775,000    

3.15%, 03/15/2022

    796,752  
    310,000    

3.63%, 03/15/2024

    328,826  
     

 

 

 
        1,271,618  
     

 

 

 
          Healthcare - Services - 0.7%  
   

Anthem, Inc.

 

    421,000    

3.30%, 01/15/2023

    431,908  
    1,360,000    

4.10%, 03/01/2028

    1,454,898  
    475,000    

4.65%, 08/15/2044

    520,698  
    590,000    

Catholic Health Initiatives 4.20%, 08/01/2023

    622,448  
    955,000    

Cigna Corp. 4.38%, 10/15/2028(4)

    1,030,316  
   

Dignity Health

 

    180,000    

2.64%, 11/01/2019

    179,805  
    714,000    

3.81%, 11/01/2024

    751,994  
    1,353,000    

4.50%, 11/01/2042

    1,407,732  
    1,770,000    

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

    1,794,990  
   

Mercy Health

 

    1,400,000    

3.56%, 08/01/2027

    1,457,994  
    1,210,000    

4.30%, 07/01/2028

    1,336,723  
   

UnitedHealth Group, Inc.

 

    920,000    

3.35%, 07/15/2022

    951,131  
    1,440,000    

3.75%, 07/15/2025

    1,537,992  
     

 

 

 
        13,478,629  
     

 

 

 
          Household Products - 0.2%  
    2,919,168    

Procter & Gamble - Esop 9.36%, 01/01/2021

    3,080,685  
     

 

 

 
 

 

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

 

 

  28  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 17.5% - (continued)  
          Insurance - 0.5%  
$     1,255,000    

American International Group, Inc. 4.25%, 03/15/2029

  $ 1,348,103  
    1,000,000    

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

    1,016,155  
   

Chubb INA Holdings, Inc.

 

    495,000    

2.30%, 11/03/2020

    495,212  
    840,000    

3.35%, 05/15/2024

    884,285  
    200,000    

Five Corners Funding Trust 4.42%, 11/15/2023(4)

    214,393  
   

Liberty Mutual Group, Inc.

 

    122,000    

4.25%, 06/15/2023(4)

    128,973  
    428,000    

4.57%, 02/01/2029(4)

    470,440  
    705,000    

Marsh & McLennan Cos., Inc. 4.38%, 03/15/2029

    777,825  
   

MetLife, Inc.

 

    2,205,000    

3.60%, 04/10/2024

    2,339,209  
    795,000    

4.88%, 11/13/2043

    945,065  
    2,220,000    

Trinity Acquisition plc 4.40%, 03/15/2026

    2,361,270  
     

 

 

 
        10,980,930  
     

 

 

 
          Internet - 0.3%  
   

Alibaba Group Holding Ltd.

 

    200,000    

2.50%, 11/28/2019

    200,091  
    1,775,000    

3.40%, 12/06/2027

    1,803,298  
   

Amazon.com, Inc.

 

    1,250,000    

2.50%, 11/29/2022

    1,261,179  
    1,020,000    

4.80%, 12/05/2034

    1,254,728  
    480,000    

4.95%, 12/05/2044

    605,160  
   

Tencent Holdings Ltd.

 

    1,095,000    

3.60%, 01/19/2028(4)

    1,117,999  
    470,000    

3.98%, 04/11/2029(4)

    491,110  
     

 

 

 
        6,733,565  
     

 

 

 
          IT Services - 0.2%  
   

Apple, Inc.

 

    546,000    

3.25%, 02/23/2026

    570,471  
    1,360,000    

3.45%, 05/06/2024

    1,438,864  
    1,675,000    

International Business Machines Corp. 3.30%, 05/15/2026

    1,736,326  
     

 

 

 
        3,745,661  
     

 

 

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

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

    1,564,417  
     

 

 

 
          Media - 0.8%  
    485,000    

Charter Communications Operating LLC / Charter Communications Operating Capital 5.38%, 05/01/2047

    511,767  
   

Comcast Corp.

 

    1,140,000    

3.95%, 10/15/2025

    1,229,923  
    2,050,000    

4.40%, 08/15/2035

    2,283,323  
    585,000    

4.60%, 10/15/2038

    669,852  
   

Cox Communications, Inc.

 

    80,000    

4.60%, 08/15/2047(4)

    81,057  
    2,320,000    

4.80%, 02/01/2035(4)

    2,350,630  
    365,000    

Fox Corp. 4.03%, 01/25/2024(4)

    388,232  
   

Sky Ltd.

 

    1,265,000    

2.63%, 09/16/2019(4)

    1,265,154  
    2,386,000    

3.75%, 09/16/2024(4)

    2,535,358  
   

Time Warner Cable LLC

 

    395,000    

6.55%, 05/01/2037

    456,383  
    250,000    

7.30%, 07/01/2038

    303,411  
    130,000    

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

    154,049  
   

Viacom, Inc.

 

    835,000    

3.88%, 12/15/2021

    857,881  
    2,175,000    

4.25%, 09/01/2023

    2,300,950  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 17.5% - (continued)  
          Media - 0.8% - (continued)  
   

Walt Disney Co. (The)

 

$     385,000    

4.00%, 10/01/2023(4)

  $ 410,837  
    1,275,000    

4.50%, 02/15/2021(4)

    1,323,176  
     

 

 

 
        17,121,983  
     

 

 

 
          Mining - 0.1%  
    1,575,000    

Glencore Finance Canada Ltd. 4.25%, 10/25/2022(4)

    1,646,888  
     

 

 

 
          Oil & Gas - 0.9%  
    330,000    

Anadarko Finance Co. 7.50%, 05/01/2031

    437,646  
    1,326,000    

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

    1,372,643  
    1,200,000    

BG Energy Capital plc 4.00%, 10/15/2021(4)

    1,240,381  
    655,000    

BP Capital Markets America, Inc. 3.25%, 05/06/2022

    674,390  
    130,000    

ConocoPhillips Co. 4.95%, 03/15/2026

    148,481  
   

Equinor ASA

 

    340,000    

2.25%, 11/08/2019

    339,821  
    160,000    

2.45%, 01/17/2023

    160,962  
    1,850,000    

2.90%, 11/08/2020

    1,867,590  
    210,000    

3.25%, 11/10/2024

    219,449  
    45,000    

3.70%, 03/01/2024

    47,874  
    1,290,000    

Hess Corp. 7.30%, 08/15/2031

    1,583,603  
    920,000    

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

    920,839  
   

Petroleos Mexicanos

 

    40,000    

5.38%, 03/13/2022

    40,302  
    475,000    

5.50%, 01/21/2021

    480,463  
    1,620,000    

6.38%, 02/04/2021

    1,662,120  
    3,540,000    

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

    3,630,266  
    1,865,000    

Saudi Arabian Oil Co. 3.50%, 04/16/2029(4)

    1,888,995  
    1,375,000    

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

    1,395,873  
     

 

 

 
        18,111,698  
     

 

 

 
          Oil & Gas Services - 0.1%  
    948,000    

Schlumberger Holdings Corp. 3.90%, 05/17/2028(4)

    986,518  
     

 

 

 
          Pharmaceuticals - 1.3%  
   

Allergan Funding SCS

 

    645,000    

3.45%, 03/15/2022

    658,555  
    975,000    

3.80%, 03/15/2025

    1,011,828  
    600,000    

4.85%, 06/15/2044

    622,944  
   

Allergan Sales LLC

 

    142,000    

4.88%, 02/15/2021(4)

    146,257  
    800,000    

5.00%, 12/15/2021(4)

    836,581  
   

Bayer U.S. Finance LLC

 

    260,000    

2.38%, 10/08/2019(4)

    259,659  
    955,000    

3.38%, 10/08/2024(4)

    959,510  
    2,230,000    

4.25%, 12/15/2025(4)

    2,359,514  
   

Cardinal Health, Inc.

 

    990,000    

2.40%, 11/15/2019

    989,210  
    445,000    

3.08%, 06/15/2024

    448,000  
    880,000    

3.50%, 11/15/2024

    903,545  
    785,000    

4.50%, 11/15/2044

    731,550  
   

CVS Health Corp.

 

    3,130,000    

4.10%, 03/25/2025

    3,301,180  
    600,000    

5.13%, 07/20/2045

    639,849  
    2,015,000    

EMD Finance LLC 2.95%, 03/19/2022(4)

    2,032,664  
   

McKesson Corp.

 

    100,000    

2.85%, 03/15/2023

    100,757  
    650,000    

3.80%, 03/15/2024

    682,322  
   

Merck & Co., Inc.

 

    1,960,000    

2.75%, 02/10/2025

    2,018,684  
    1,640,000    

2.80%, 05/18/2023

    1,679,485  
    2,325,000    

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

    2,248,248  
 

 

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

 

 

  29  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 17.5% - (continued)  
          Pharmaceuticals - 1.3% - (continued)  
   

Mylan, Inc.

 

$     1,025,000    

4.55%, 04/15/2028(9)

  $ 1,005,206  
    455,000    

5.20%, 04/15/2048

    420,149  
    755,000    

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

    726,688  
    1,725,000    

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

    1,492,125  
     

 

 

 
        26,274,510  
     

 

 

 
          Pipelines - 0.6%  
    872,000    

Energy Transfer Operating L.P. 7.60%, 02/01/2024

    1,012,801  
    375,000    

Energy Transfer Partners L.P. 4.50%, 11/01/2023

    396,143  
    2,395,000    

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

    2,490,460  
   

MPLX L.P.

 

    485,000    

4.00%, 03/15/2028

    502,289  
    1,280,000    

4.13%, 03/01/2027

    1,339,850  
    2,425,000    

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

    2,498,768  
   

Sunoco Logistics Partners Operations L.P.

 

    1,200,000    

3.90%, 07/15/2026

    1,225,377  
    509,000    

4.40%, 04/01/2021

    523,901  
    800,000    

5.35%, 05/15/2045

    831,975  
    2,470,000    

Western Midstream Operating L.P. 4.00%, 07/01/2022

    2,502,117  
     

 

 

 
        13,323,681  
     

 

 

 
          Real Estate - 0.2%  
    1,920,000    

WEA Finance LLC 4.13%, 09/20/2028(4)

    2,043,493  
   

WEA Finance LLC / Westfield UK & Europe Finance plc

 
    730,000    

2.70%, 09/17/2019(4)

    729,966  
    1,400,000    

3.25%, 10/05/2020(4)

    1,413,378  
     

 

 

 
        4,186,837  
     

 

 

 
          Real Estate Investment Trusts - 0.5%  
   

American Tower Corp.

 

    975,000    

3.45%, 09/15/2021

    995,957  
    375,000    

4.40%, 02/15/2026

    405,226  
    400,000    

5.00%, 02/15/2024

    440,375  
    760,000    

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

    770,268  
    1,950,000    

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

    2,010,595  
   

Crown Castle International Corp.

 

    635,000    

3.65%, 09/01/2027

    653,919  
    525,000    

3.80%, 02/15/2028

    545,235  
    2,960,000    

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

    3,129,947  
    1,735,000    

Scentre Group Trust 2.38%, 11/05/2019(4)

    1,733,706  
     

 

 

 
        10,685,228  
     

 

 

 
          Retail - 0.2%  
   

CVS Health Corp.

 

    2,100,000    

4.00%, 12/05/2023

    2,197,896  
    685,000    

4.88%, 07/20/2035

    717,110  
    220,000    

Lowe’s Cos., Inc. 4.55%, 04/05/2049

    236,188  
     

 

 

 
        3,151,194  
     

 

 

 
          Savings & Loans - 0.0%  
    540,000    

Nationwide Building Society 3 mo. USD LIBOR + 1.181%, 3.62%, 04/26/2023(4)(5)

    549,954  
     

 

 

 
          Semiconductors - 0.1%  
    1,855,000    

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

    1,872,568  
    810,000    

Microchip Technology, Inc. 3.92%, 06/01/2021

    824,536  
     

 

 

 
        2,697,104  
     

 

 

 
          Software - 0.3%  
    1,820,000    

Fiserv, Inc. 3.20%, 07/01/2026

    1,857,638  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 17.5% - (continued)  
          Software - 0.3% - (continued)  
   

Microsoft Corp.

 

$     1,605,000    

2.40%, 08/08/2026

  $ 1,613,115  
    1,000,000    

3.70%, 08/08/2046

    1,080,837  
    2,300,000    

Oracle Corp. 3.25%, 11/15/2027

    2,408,408  
     

 

 

 
        6,959,998  
     

 

 

 
          Telecommunications - 0.9%  
    635,000    

America Movil S.A.B. de C.V. 3.13%, 07/16/2022

    649,085  
   

AT&T, Inc.

 

    2,325,000    

3.60%, 07/15/2025

    2,411,567  
    355,000    

3.95%, 01/15/2025

    374,936  
    800,000    

4.13%, 02/17/2026

    850,994  
    2,185,000    

4.45%, 04/01/2024

    2,351,167  
    1,327,000    

4.85%, 03/01/2039

    1,424,177  
    205,000    

4.90%, 08/15/2037

    220,956  
    715,000    

GTP Acquisition Partners I LLC 2.35%, 06/15/2045(4)

    712,652  
    576,000    

Orange S.A. 9.00%, 03/01/2031

    878,308  
    2,440,000    

Sprint Spectrum Co. LLC / Sprint Spectrum Co. II LLC / Sprint Spectrum Co. III LLC 4.74%, 09/20/2029(4)

    2,531,500  
   

Verizon Communications, Inc.

 

    2,300,000    

2.95%, 03/15/2022

    2,349,777  
    2,086,000    

4.52%, 09/15/2048

    2,337,201  
    222,000    

4.67%, 03/15/2055

    251,742  
    715,000    

4.75%, 11/01/2041

    802,849  
    283,000    

4.81%, 03/15/2039

    325,346  
     

 

 

 
        18,472,257  
     

 

 

 
          Transportation - 0.3%  
   

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

 

    1,685,000    

3.20%, 07/15/2020(4)

    1,692,631  
    1,100,000    

3.38%, 02/01/2022(4)

    1,121,383  
    2,850,000    

3.95%, 03/10/2025(4)

    2,991,118  
     

 

 

 
        5,805,132  
     

 

 

 
          Water - 0.0%  
    625,000    

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

    629,227  
     

 

 

 
   

Total Corporate Bonds
(cost $346,205,601)

  $ 361,042,447  
     

 

 

 
FOREIGN GOVERNMENT OBLIGATIONS - 0.5%  
          Qatar - 0.4%  
   

Qatar Government International Bond

 

$     4,990,000    

2.38%, 06/02/2021(4)

  $ 4,984,331  
    1,680,000    

3.88%, 04/23/2023(4)

    1,761,984  
    636,000    

4.00%, 03/14/2029(4)

    685,290  
     

 

 

 
        7,431,605  
     

 

 

 
          Saudi Arabia - 0.1%  
   

Saudi Government International Bond

 

    935,000    

2.38%, 10/26/2021(4)

    933,299  
    1,385,000    

2.88%, 03/04/2023(4)

    1,400,581  
     

 

 

 
        2,333,880  
     

 

 

 
   

Total Foreign Government Obligations
(cost $9,538,477)

  $ 9,765,485  
     

 

 

 
MUNICIPAL BONDS - 0.8%  
          General - 0.3%  
   

Chicago, IL, Transit Auth

 

$     205,000    

6.30%, 12/01/2021

  $ 215,512  
    900,000    

6.90%, 12/01/2040

    1,216,122  
    365,000    

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

    419,885  
    375,000    

Metropolitan Transportation Auth, NY, Rev 6.67%, 11/15/2039

    523,770  
 

 

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

 

 

  30  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
MUNICIPAL BONDS - 0.8% - (continued)  
          General - 0.3% - (continued)  
$     2,205,000    

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

  $ 2,205,904  
    1,355,000    

Sales Tax Securitization Corp., IL 4.79%, 01/01/2048

    1,542,234  
     

 

 

 
        6,123,427  
     

 

 

 
          General Obligation - 0.2%  
   

California State, GO Taxable

 

    420,000    

7.35%, 11/01/2039

    635,036  
    540,000    

7.55%, 04/01/2039

    854,885  
    685,000    

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

    887,883  
    2,130,000    

Illinois State, GO 5.10%, 06/01/2033(9)

    2,243,060  
     

 

 

 
        4,620,864  
     

 

 

 
          Power - 0.0%  
    485,000    

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

    503,571  
     

 

 

 
          Transportation - 0.1%  
    875,000    

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

    1,178,677  
    570,000    

New York and New Jersey Port Auth, Taxable Rev 6.04%, 12/01/2029

    744,386  
     

 

 

 
        1,923,063  
     

 

 

 
          Utility - Electric - 0.2%  
    785,000    

Illinois Municipal Electric Agency 6.83%, 02/01/2035

    1,011,787  
   

Municipal Electric Auth, GA

 

    1,596,000    

6.64%, 04/01/2057

    1,917,482  
    412,000    

6.66%, 04/01/2057

    538,377  
     

 

 

 
        3,467,646  
     

 

 

 
   

Total Municipal Bonds
(cost $14,847,899)

  $ 16,638,571  
     

 

 

 
U.S. GOVERNMENT AGENCIES - 1.1%  
          Mortgage-Backed Agencies - 1.1%  
          FHLMC - 0.5%  
$     10,399,131    

3.50%, 08/01/2048

  $ 10,675,736  
    26,849    

4.00%, 03/01/2041

    28,334  
    19,952    

12 mo. USD CMT + 2.255%, 4.73%, 04/01/2029(5)

    20,818  
     

 

 

 
        10,724,888  
     

 

 

 
          FNMA - 0.4%  
    711,831    

1 mo. USD LIBOR + 0.400%, 2.84%, 10/25/2024(5)

    707,793  
    1,959,412    

3.50%, 12/01/2048

    2,006,815  
    3,535,451    

3.50%, 06/25/2059

    3,692,611  
    46,093    

4.50%, 11/01/2023

    48,147  
    129,310    

4.50%, 03/01/2038

    138,816  
    69,170    

4.50%, 11/01/2039

    74,243  
    44,908    

4.50%, 04/01/2040

    48,233  
    109,113    

4.50%, 08/01/2040

    117,194  
    38,318    

4.50%, 02/01/2041

    41,150  
    541,525    

4.50%, 04/01/2041

    581,626  
    312,327    

4.50%, 06/01/2041

    335,453  
    446,003    

4.50%, 07/01/2041

    478,782  
    161,197    

4.50%, 09/01/2041

    173,136  
    59,588    

4.50%, 07/01/2044

    62,516  
     

 

 

 
        8,506,515  
     

 

 

 
          GNMA - 0.2%  
    80,953    

5.00%, 07/15/2037

    89,053  
    10,190    

6.00%, 06/15/2024

    11,147  
    4,559    

6.00%, 07/15/2026

    4,986  
Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 1.1% - (continued)  
          Mortgage-Backed Agencies - 1.1% - (continued)  
          GNMA - 0.2% - (continued)  
$     4,220    

6.00%, 01/15/2028

  $ 4,616  
    1,792    

6.00%, 03/15/2028

    1,975  
    44,903    

6.00%, 04/15/2028

    49,209  
    66,246    

6.00%, 05/15/2028

    72,464  
    18,294    

6.00%, 06/15/2028

    20,011  
    41,034    

6.00%, 07/15/2028

    44,885  
    16,244    

6.00%, 08/15/2028

    17,771  
    43,092    

6.00%, 09/15/2028

    47,137  
    93,548    

6.00%, 10/15/2028

    102,330  
    89,907    

6.00%, 11/15/2028

    98,345  
    86,937    

6.00%, 12/15/2028

    95,111  
    2,269    

6.00%, 12/15/2031

    2,531  
    21,686    

6.00%, 09/15/2032

    24,709  
    7,972    

6.00%, 11/15/2032

    9,043  
    1,927    

6.00%, 04/15/2033

    2,107  
    80,418    

6.00%, 06/15/2033

    89,572  
    30,801    

6.00%, 10/15/2033

    35,130  
    3,961    

6.00%, 11/15/2033

    4,494  
    59,976    

6.00%, 10/15/2034

    66,822  
    57,020    

6.00%, 01/15/2035

    62,628  
    7,154    

6.00%, 05/15/2035

    7,825  
    11,233    

6.00%, 06/15/2035

    12,451  
    501    

6.50%, 03/15/2026

    551  
    4,357    

6.50%, 01/15/2028

    4,787  
    42,982    

6.50%, 03/15/2028

    47,221  
    99,654    

6.50%, 04/15/2028

    109,481  
    29,591    

6.50%, 05/15/2028

    32,508  
    153,352    

6.50%, 06/15/2028

    168,474  
    6,443    

6.50%, 10/15/2028

    7,079  
    2,632    

6.50%, 02/15/2035

    3,000  
    15,061    

7.00%, 11/15/2031

    16,721  
    7,639    

7.00%, 03/15/2032

    8,514  
    1,071,580    

7.00%, 11/15/2032

    1,272,444  
    144,983    

7.00%, 01/15/2033

    168,252  
    153,090    

7.00%, 05/15/2033

    176,816  
    27,410    

7.00%, 07/15/2033

    31,346  
    182,014    

7.00%, 11/15/2033

    210,423  
    72,272    

7.50%, 09/16/2035

    82,781  
    153    

8.00%, 09/15/2026

    167  
    93    

8.00%, 11/15/2026

    97  
    8,186    

8.00%, 12/15/2026

    9,307  
    125    

8.00%, 09/15/2027

    129  
    5,319    

8.00%, 07/15/2029

    6,181  
    2,226    

8.00%, 11/15/2029

    2,232  
    10,507    

8.00%, 12/15/2029

    10,910  
    3,979    

8.00%, 01/15/2030

    4,077  
    3,807    

8.00%, 02/15/2030

    3,823  
    851    

8.00%, 03/15/2030

    860  
    21,390    

8.00%, 04/15/2030

    21,577  
    4,467    

8.00%, 05/15/2030

    4,610  
    36,907    

8.00%, 06/15/2030

    39,092  
    2,124    

8.00%, 07/15/2030

    2,208  
    65,752    

8.00%, 08/15/2030

    67,334  
    15,144    

8.00%, 09/15/2030

    15,507  
    7,481    

8.00%, 11/15/2030

    7,570  
    124,019    

8.00%, 12/15/2030

    138,311  
    245    

8.00%, 02/15/2031

    254  
    1,866    

9.00%, 06/15/2022

    1,881  
     

 

 

 
        3,652,877  
     

 

 

 
        22,884,280  
     

 

 

 
   

Total U.S. Government Agencies
(cost $22,014,751)

  $ 22,884,280  
     

 

 

 
 

 

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

 

 

  31  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
U.S. GOVERNMENT SECURITIES - 10.6%  
          U.S. Treasury Securities - 10.6%  
          U.S. Treasury Bonds - 4.7%  
$     19,250,000    

2.50%, 02/15/2045(10)

  $ 19,177,061  
    2,280,000    

2.50%, 05/15/2046

    2,266,819  
    1,560,000    

2.75%, 08/15/2047

    1,628,128  
    6,214,000    

2.75%, 11/15/2047

    6,486,105  
    10,070,800    

2.88%, 05/15/2043

    10,771,035  
    7,480,000    

3.00%, 08/15/2048

    8,203,456  
    4,200,000    

3.00%, 02/15/2049

    4,612,781  
    7,895,000    

3.13%, 08/15/2044

    8,808,168  
    1,620,000    

3.13%, 05/15/2048

    1,817,817  
    4,630,000    

3.38%, 05/15/2044

    5,380,205  
    21,300,000    

4.38%, 02/15/2038

    28,156,770  
     

 

 

 
        97,308,345  
     

 

 

 
          U.S. Treasury Notes - 5.9%  
    4,368,384    

0.38%, 01/15/2027(11)

    4,398,215  
    8,043,220    

0.50%, 01/15/2028(11)

    8,174,034  
    12,075,000    

1.50%, 03/31/2023

    11,974,532  
    18,505,000    

2.13%, 03/31/2024

    18,814,380  
    1,100,000    

2.25%, 04/30/2024

    1,124,965  
    4,980,000    

2.38%, 04/30/2026

    5,142,628  
    15,070,000    

2.38%, 05/15/2029

    15,573,314  
    7,730,000    

2.63%, 06/30/2023

    7,995,417  
    13,350,000    

2.63%, 12/31/2023

    13,852,711  
    5,545,000    

2.63%, 02/15/2029

    5,847,376  
    1,900,000    

2.75%, 05/31/2023

    1,972,660  
    11,310,000    

2.88%, 10/31/2023

    11,840,598  
    11,810,000    

2.88%, 08/15/2028

    12,691,137  
    1,005,000    

2.88%, 05/15/2049

    1,078,177  
     

 

 

 
        120,480,144  
     

 

 

 
        217,788,489  
     

 

 

 
   

Total U.S. Government Securities
(cost $201,183,600)

  $ 217,788,489  
     

 

 

 
   

Total Long-Term Investments
(cost $1,674,101,119)

  $ 2,045,470,678  
     

 

 

 
SHORT-TERM INVESTMENTS - 0.7%  
          Other Investment Pools & Funds - 0.6%  
    11,807,737    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 2.29%(12)

    11,807,737  
     

 

 

 
          Securities Lending Collateral - 0.1%  
    135,897    

Citibank NA DDCA, 2.36%, 7/1/2019(12)

    135,897  
    1,233,590    

Fidelity Investments Money Market Funds, Government Portfolio, Institutional Class, 2.28%(12)

    1,233,590  
    171,928    

Goldman Sachs Financial Square Funds, Government Fund, Institutional Class, 2.28%(12)

    171,928  
    522,750    

Invesco Government & Agency Portfolio, Institutional Class, 2.25%(12)

    522,750  
    609,314    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 2.29%(12)

    609,314  
    44,454    

Western Asset Institutional Government Reserves Fund, Institutional Class, 2.21%(12)

    44,454  
     

 

 

 
        2,717,933  
     

 

 

 
   

Total Short-Term Investments
(cost $14,525,670)

  $ 14,525,670  
     

 

 

 
   

Total Investments
(cost $1,688,626,789)

    99.9    $ 2,059,996,348  
   

Other Assets and Liabilities

    0.1      2,207,917  
     

 

 

    

 

 

 
   

Total Net Assets

    100.0    $ 2,062,204,265  
     

 

 

    

 

 

 
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. These classifications are used for financial reporting purposes.

 

    

See “Glossary” for abbreviation descriptions.

 

*

Non-income producing.

 

(1) 

Investment valued using significant unobservable inputs.

 

(2) 

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, 2019, the aggregate fair value of these securities was $3,756,751, which represented 0.2% 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.

 

(3) 

Investment in securities not registered under the Securities Act of 1933 (excluding securities acquired pursuant to Rule 144A and Regulation S). At the end of the period, the value of such restricted securities amounted to $3,756,751 or 0.2% of net assets.

 

Period
Acquired
    

Security Name

   Shares/
Par Value
     Base
Total Cost
     Base
Market Value
 
  08/2011      Allstar Co.      11,702,200      $ 5,090,681      $ 468,088  
  11/2013      Tory Burch LLC      67,006        5,251,707        3,288,663  
        

 

 

    

 

 

 
         $     10,342,388      $     3,756,751  
        

 

 

    

 

 

 

 

(4) 

Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions that are exempt from registration (typically only to qualified institutional buyers) or in a public offering registered under the Securities Act of 1933. At June 30, 2019, the aggregate value of these securities was $159,576,015, representing 7.7% of net assets.

 

(5) 

Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2019.

 

(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.

 

 

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

 

 

  32  

 


Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Futures Contracts Outstanding at June 30, 2019

 

Description

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

U.S. Treasury 2-Year Note Future

     43        09/30/2019      $ 9,252,726      $ 53,429  

U.S. Treasury 5-Year Note Future

     71        09/30/2019            8,389,094        103,947  
           

 

 

 

Total futures contracts

 

   $     157,376  
           

 

 

 

 

 

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

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total      Level 1      Level 2      Level 3(1)  

Assets

 

Common Stocks

 

Banks

   $ 111,990,693      $ 111,990,693      $      $  

Capital Goods

     127,132,388        127,132,388                

Consumer Durables & Apparel

     19,999,691        19,999,691                

Consumer Services

     15,955,664        15,955,664                

Diversified Financials

     23,040,463        23,040,463                

Energy

     80,751,638        80,751,638                

Food & Staples Retailing

     13,528,366        13,528,366                

Food, Beverage & Tobacco

     37,085,953        37,085,953                

Health Care Equipment & Services

     106,117,779        90,719,043        15,398,736         

Household & Personal Products

     15,540,070        15,540,070                

Insurance

     52,870,310        52,870,310                

Materials

     58,935,064        58,935,064                

Media & Entertainment

     92,035,790        92,035,790                

Pharmaceuticals, Biotechnology & Life Sciences

     153,869,159        119,701,826        34,167,333         

Real Estate

     22,021,329        22,021,329                

Retailing

     69,713,591        65,956,840               3,756,751  

Semiconductors & Semiconductor Equipment

     108,709,711        108,709,711                

Software & Services

     109,144,321        109,144,321                

Technology Hardware & Equipment

     57,611,468        44,735,769        12,875,699         

Telecommunication Services

     25,795,338        25,795,338                

Transportation

     20,464,001        20,464,001                

Utilities

     33,599,527        33,599,527                

Asset & Commercial Mortgage Backed Securities

     61,439,092               61,439,092         

Corporate Bonds

     361,042,447               361,042,447         

Foreign Government Obligations

     9,765,485               9,765,485         

Municipal Bonds

     16,638,571               16,638,571         

U.S. Government Agencies

     22,884,280               22,884,280         

U.S. Government Securities

     217,788,489               217,788,489         

Short-Term Investments

     14,525,670        14,525,670                

Futures Contracts(2)

     157,376        157,376                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     2,060,153,724      $     1,304,396,841      $     752,000,132      $     3,756,751  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, there were no transfers in and out of Level 3.

 

(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, 2019 is not presented.

 

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

 

 

  33  

 


Hartford Capital Appreciation HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.0%  
      Automobiles & Components - 0.6%  
  89,634    

Delphi Technologies plc

  $ 1,792,680  
  49,005    

Ferrari N.V.

    7,945,648  
  392,459    

General Motors Co.

    15,121,445  
  117,518    

Valeo S.A.(1)

    3,825,907  
   

 

 

 
      28,685,680  
   

 

 

 
      Banks - 2.7%  
  518,826    

Bank OZK

    15,611,474  
  1,298,563    

CaixaBank S.A.

    3,724,289  
  408,191    

Citigroup, Inc.

    28,585,616  
  42,002    

HDFC Bank Ltd. ADR

    5,461,940  
  65,491    

HDFC Bank Ltd.

    2,319,771  
  517,853    

People’s United Financial, Inc.

    8,689,573  
  396,993    

PNC Financial Services Group, Inc.

    54,499,199  
   

 

 

 
      118,891,862  
   

 

 

 
      Capital Goods - 5.5%  
  61,900    

A.O. Smith Corp.

    2,919,204  
  43,528    

Airbus SE

    6,160,151  
  265,500    

Fortune Brands Home & Security, Inc.

    15,168,015  
  234,514    

General Dynamics Corp.

    42,639,336  
  350,600    

Harry’s, Inc.(2)(3)(4)

    5,753,346  
  105,605    

Honeywell International, Inc.

    18,437,577  
  35,081    

IDEX Corp.

    6,038,843  
  158,587    

Ingersoll-Rand plc

    20,088,215  
  64,102    

L3 Technologies, Inc.

    15,715,887  
  96,662    

L3Harris Technologies, Inc.

    18,281,684  
  64,239    

Lockheed Martin Corp.

    23,353,446  
  176,700    

Pentair plc

    6,573,240  
  41,355    

Raytheon Co.

    7,190,807  
  54,905    

Safran S.A.

    8,032,150  
  1,031,730    

Sanwa Holdings Corp.

    11,120,627  
  274,100    

Wabtec Corp.

    19,669,416  
  175,467    

Xylem, Inc.

    14,676,060  
   

 

 

 
      241,818,004  
   

 

 

 
      Commercial & Professional Services - 4.0%  
  86,674    

Brink’s Co.

    7,036,195  
  71,058    

CoStar Group, Inc.*

    39,370,395  
  71,209    

Equifax, Inc.

    9,630,305  
  362,359    

Herman Miller, Inc.

    16,197,447  
  133,448    

IHS Markit Ltd.*

    8,503,307  
  100,048    

Intertek Group plc

    6,994,355  
  139,815    

Recruit Holdings Co., Ltd.

    4,681,270  
  290,229    

Republic Services, Inc.

    25,145,441  
  988,941    

Steelcase, Inc. Class A

    16,910,891  
  303,358    

TransUnion

    22,299,847  
  197,015    

Waste Connections, Inc.

    18,830,694  
   

 

 

 
      175,600,147  
   

 

 

 
      Consumer Durables & Apparel - 2.4%  
  229,100    

Carter’s, Inc.

    22,346,414  
  151,231    

Lennar Corp. Class A

    7,328,654  
  562,768    

Newell Brands, Inc.

    8,677,882  
  613,363    

NIKE, Inc. Class B

    51,491,824  
  286,259    

Skechers USA, Inc. Class A*

    9,014,296  
  69,234    

Under Armour, Inc. Class A*

    1,755,082  
  205,654    

Under Armour, Inc. Class C*

    4,565,519  
   

 

 

 
      105,179,671  
   

 

 

 
      Consumer Services - 2.9%  
  21,627    

Domino’s Pizza, Inc.

    6,018,362  
  514,432    

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

    1,440,410  
  74,971    

Grand Canyon Education, Inc.*

    8,773,106  
  140,368    

Hilton Grand Vacations, Inc.*

    4,466,510  
  65,674    

Marriott International, Inc. Class A

    9,213,405  
  78,688    

Marriott Vacations Worldwide Corp.

    7,585,523  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.0% - (continued)  
      Consumer Services - 2.9% - (continued)  
  251,151    

McDonald’s Corp.

  $ 52,154,017  
  40,249    

New Oriental Education & Technology Group, Inc. ADR*

    3,887,248  
  128,410    

Norwegian Cruise Line Holdings Ltd.*

    6,886,628  
  131,921    

Planet Fitness, Inc. Class A*

    9,556,357  
  84,354    

Royal Caribbean Cruises Ltd.

    10,224,548  
  44,131    

Vail Resorts, Inc.

    9,849,157  
   

 

 

 
      130,055,271  
   

 

 

 
      Diversified Financials - 2.8%  
  391,526    

American Express Co.

    48,329,969  
  78,400    

Hong Kong Exchanges & Clearing Ltd.

    2,770,663  
  92,081    

Intercontinental Exchange, Inc.

    7,913,441  
  271,066    

Morgan Stanley

    11,875,402  
  244,800    

Raymond James Financial, Inc.

    20,697,840  
  1,510,570    

SLM Corp.

    14,682,740  
  117,414    

TD Ameritrade Holding Corp.

    5,861,307  
  207,400    

Voya Financial, Inc.

    11,469,220  
   

 

 

 
      123,600,582  
   

 

 

 
      Energy - 2.9%  
  733,717    

Canadian Natural Resources Ltd.

    19,788,347  
  207,100    

Chevron Corp.

    25,771,524  
  167,215    

Cimarex Energy Co.

    9,920,866  
  207,165    

Concho Resources, Inc.

    21,375,285  
  155,081    

Diamondback Energy, Inc.

    16,899,177  
  240,400    

Enbridge, Inc.

    8,673,632  
  50,444    

EOG Resources, Inc.

    4,699,363  
  384,406    

Halliburton Co.

    8,741,392  
  366,440    

Tenaris S.A. ADR

    9,641,036  
  95,362    

TOTAL S.A.

    5,349,213  
   

 

 

 
      130,859,835  
   

 

 

 
      Food & Staples Retailing - 1.2%  
  86,744    

Costco Wholesale Corp.

    22,922,969  
  747,935    

Kroger Co.

    16,237,669  
  112,554    

Walmart, Inc.

    12,436,092  
   

 

 

 
      51,596,730  
   

 

 

 
      Food, Beverage & Tobacco - 5.9%  
  335,453    

Altria Group, Inc.

    15,883,700  
  247,571    

Archer-Daniels-Midland Co.

    10,100,897  
  336,841    

British American Tobacco plc

    11,761,106  
  995,153    

Coca-Cola Co.

    50,673,191  
  1,016,180    

Diageo plc

    43,736,625  
  83,626    

Hershey Co.

    11,208,393  
  222,487    

Lamb Weston Holdings, Inc.

    14,096,776  
  613,604    

Monster Beverage Corp.*

    39,166,343  
  325,508    

PepsiCo., Inc.

    42,683,864  
  263,301    

Philip Morris International, Inc.

    20,677,028  
   

 

 

 
      259,987,923  
   

 

 

 
      Health Care Equipment & Services - 10.7%  
  61,438    

Align Technology, Inc.*

    16,815,581  
  600,969    

Baxter International, Inc.

    49,219,361  
  96,221    

Becton Dickinson and Co.

    24,248,654  
  526,000    

CVS Health Corp.

    28,661,740  
  276,312    

Danaher Corp.

    39,490,511  
  33,173    

DexCom, Inc.*

    4,970,642  
  148,073    

Haemonetics Corp.*

    17,819,105  
  88,700    

Humana, Inc.

    23,532,110  
  107,639    

Insulet Corp.*

    12,849,944  
  44,836    

Intuitive Surgical, Inc.*

    23,518,724  
  434,278    

Koninklijke Philips N.V. ADR

    18,925,835  
  94,964    

Koninklijke Philips N.V.

    4,128,647  
  127,502    

McKesson Corp.

    17,134,994  
  516,202    

Medtronic plc

    50,272,913  
 

 

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

 

 

  34  

 


Hartford Capital Appreciation HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.0% - (continued)  
      Health Care Equipment & Services - 10.7% - (continued)  
  80,750    

Penumbra, Inc.*

  $ 12,920,000  
  126,821    

Stryker Corp.

    26,071,861  
  105,382    

Tandem Diabetes Care, Inc.*

    6,799,247  
  68,144    

Teleflex, Inc.

    22,565,886  
  232,206    

UnitedHealth Group, Inc.

    56,660,586  
  58,679    

WellCare Health Plans, Inc.*

    16,727,622  
   

 

 

 
      473,333,963  
   

 

 

 
      Household & Personal Products - 1.2%  
  31,864    

Beiersdorf AG

    3,820,687  
  562,579    

Colgate-Palmolive Co.

    40,320,037  
  105,705    

Shiseido Co., Ltd.

    7,995,173  
   

 

 

 
      52,135,897  
   

 

 

 
      Insurance - 4.9%  
  152,736    

American International Group, Inc.

    8,137,774  
  266,600    

Athene Holding Ltd. Class A*

    11,479,796  
  308,541    

Chubb Ltd.

    45,445,004  
  588,900    

CNO Financial Group, Inc.

    9,822,852  
  228,649    

Fidelity National Financial, Inc.

    9,214,555  
  905,877    

Lancashire Holdings Ltd.

    7,931,153  
  144,030    

Lincoln National Corp.

    9,282,734  
  317,255    

Marsh & McLennan Cos., Inc.

    31,646,186  
  773,063    

MetLife, Inc.

    38,398,039  
  457,110    

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

    5,496,689  
  84,196    

RenaissanceRe Holdings Ltd.

    14,987,730  
  747,201    

Unum Group

    25,068,594  
   

 

 

 
      216,911,106  
   

 

 

 
      Materials - 3.4%  
  286,900    

Alcoa Corp.*

    6,716,329  
  194,891    

Cabot Corp.

    9,298,250  
  157,600    

Celanese Corp.

    16,989,280  
  391,429    

CRH plc

    12,792,234  
  129,043    

Eastman Chemical Co.

    10,043,417  
  206,492    

FMC Corp.

    17,128,511  
  190,348    

Linde plc

    38,221,879  
  153,333    

Nucor Corp.

    8,448,648  
  146,862    

Nutrien Ltd.

    7,855,892  
  259,270    

Reliance Steel & Aluminum Co.

    24,532,127  
   

 

 

 
      152,026,567  
   

 

 

 
      Media & Entertainment - 5.1%  
  124,153    

Activision Blizzard, Inc.

    5,860,022  
  5,665    

Alphabet, Inc. Class C*

    6,123,355  
  17,265    

Alphabet, Inc. Class A*

    18,694,542  
  22,183    

Charter Communications, Inc. Class A*

    8,766,278  
  879,000    

Comcast Corp. Class A

    37,164,120  
  133,000    

Electronic Arts, Inc.*

    13,467,580  
  34,326    

Facebook, Inc. Class A*

    6,624,918  
  75,686    

Netflix, Inc.*

    27,800,982  
  1,131,786    

Pinterest, Inc. Class A*(1)

    30,807,215  
  84,321    

Spotify Technology S.A.*

    12,329,417  
  188,515    

Tencent Holdings Ltd.

    8,528,303  
  122,746    

TripAdvisor, Inc.*

    5,681,912  
  176,460    

Walt Disney Co.

    24,640,874  
  521,558    

Yandex N.V. Class A*

    19,819,204  
   

 

 

 
      226,308,722  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 7.3%  
  246,737    

Agilent Technologies, Inc.

    18,423,852  
  65,693    

Allergan plc

    10,998,979  
  194,023    

Alnylam Pharmaceuticals, Inc.*

    14,078,309  
  171,600    

AstraZeneca plc ADR

    7,083,648  
  184,844    

Bausch Health Cos., Inc.*

    4,661,766  
  39,445    

Biogen, Inc.*

    9,225,002  
  11,579    

Bluebird Bio, Inc.*

    1,472,849  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.0% - (continued)  
      Pharmaceuticals, Biotechnology & Life Sciences - 7.3% - (continued)  
  296,018    

Bristol-Myers Squibb Co.

  $ 13,424,416  
  12,700    

Elanco Animal Health, Inc.*

    429,260  
  248,019    

Exact Sciences Corp.*

    29,276,163  
  125,641    

Five Prime Therapeutics, Inc.*

    757,615  
  7,400    

Galapagos N.V. ADR*

    954,082  
  56,116    

Galapagos N.V.*

    7,247,572  
  83,795    

Gilead Sciences, Inc.

    5,661,190  
  370,797    

Ionis Pharmaceuticals, Inc.*

    23,831,123  
  419,453    

Johnson & Johnson

    58,421,414  
  310,080    

Merck & Co., Inc.

    26,000,208  
  26,400    

Mettler-Toledo International, Inc.*

    22,176,000  
  585,321    

Pfizer, Inc.

    25,356,106  
  41,694    

Sage Therapeutics, Inc.*

    7,633,754  
  261,794    

Seattle Genetics, Inc.*

    18,118,763  
  61,112    

Thermo Fisher Scientific, Inc.

    17,947,372  
   

 

 

 
      323,179,443  
   

 

 

 
      Real Estate - 6.0%  
  352,000    

Acadia Realty Trust REIT

    9,634,240  
  102,736    

Alexandria Real Estate Equities, Inc. REIT

    14,495,022  
  206,213    

American Tower Corp. REIT

    42,160,248  
  450,600    

Americold Realty Trust REIT

    14,608,452  
  90,809    

AvalonBay Communities, Inc. REIT

    18,450,573  
  133,343    

Boston Properties, Inc. REIT

    17,201,247  
  577,364    

Brixmor Property Group, Inc. REIT

    10,323,268  
  520,500    

Columbia Property Trust, Inc. REIT

    10,795,170  
  61,049    

Crown Castle International Corp. REIT

    7,957,737  
  84,822    

Equinix, Inc. REIT

    42,774,886  
  936,747    

Host Hotels & Resorts, Inc. REIT

    17,067,530  
  289,785    

Mitsui Fudosan Co., Ltd. REIT

    7,042,989  
  170,645    

Public Storage REIT

    40,642,520  
  73,434    

Simon Property Group, Inc. REIT

    11,731,816  
   

 

 

 
      264,885,698  
   

 

 

 
      Retailing - 6.7%  
  105,732    

Alibaba Group Holding Ltd. ADR*

    17,916,287  
  8,451,700    

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

    338,068  
  38,070    

Amazon.com, Inc.*

    72,090,494  
  54,289    

Burlington Stores, Inc.*

    9,237,273  
  329,277    

Delivery Hero SE*(5)

    14,946,644  
  326,815    

Expedia Group, Inc.

    43,476,200  
  229,186    

Floor & Decor Holdings, Inc. Class A*

    9,602,893  
  108,998    

Genuine Parts Co.

    11,290,013  
  124,532    

Home Depot, Inc.

    25,898,920  
  1,483,323    

Just Eat plc*

    11,763,799  
  83,765    

Lowe’s Cos., Inc.

    8,452,726  
  188,662    

Ross Stores, Inc.

    18,700,178  
  678,445    

TJX Cos., Inc.

    35,876,172  
  115,140    

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

    5,651,056  
  65,169    

Wayfair, Inc. Class A*

    9,514,674  
   

 

 

 
      294,755,397  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 2.4%  
  591,336    

Advanced Micro Devices, Inc.*

    17,958,874  
  79,745    

Broadcom, Inc.

    22,955,396  
  515,600    

Intel Corp.

    24,681,772  
  148,472    

KLA-Tencor Corp.

    17,549,390  
  695,441    

Marvell Technology Group Ltd.

    16,600,177  
  212,900    

Micron Technology, Inc.*

    8,215,811  
   

 

 

 
      107,961,420  
   

 

 

 
      Software & Services - 10.4%  
  259,114    

2U, Inc.*

    9,753,051  
  138,231    

Accenture plc Class A

    25,540,942  
  23,873    

Adobe, Inc.*

    7,034,179  
  224,022    

Amdocs Ltd.

    13,909,526  
  58,357    

Capgemini SE

    7,255,705  
 

 

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

 

 

  35  

 


Hartford Capital Appreciation HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.0% - (continued)  
      Software & Services - 10.4% - (continued)  
  64,983    

Fidelity National Information Services, Inc.

  $ 7,972,114  
  85,329    

FleetCor Technologies, Inc.*

    23,964,650  
  1,115,134    

Genpact Ltd.

    42,475,454  
  184,043    

Global Payments, Inc.

    29,470,806  
  284,783    

GoDaddy, Inc. Class A*

    19,977,527  
  228,273    

Guidewire Software, Inc.*

    23,142,317  
  24,015    

Intuit, Inc.

    6,275,840  
  324,088    

Microsoft Corp.

    43,414,828  
  143,721    

PayPal Holdings, Inc.*

    16,450,306  
  180,318    

ServiceNow, Inc.*

    49,509,913  
  140,255    

Splunk, Inc.*

    17,637,066  
  108,588    

Square, Inc. Class A*

    7,875,888  
  116,154    

VeriSign, Inc.*

    24,294,771  
  147,890    

Visa, Inc. Class A

    25,666,309  
  81,557    

VMware, Inc. Class A

    13,637,146  
  57,265    

WEX, Inc.*

    11,916,847  
  132,860    

Workday, Inc. Class A*

    27,313,359  
  94,604    

Zendesk, Inc.*

    8,422,594  
   

 

 

 
      462,911,138  
   

 

 

 
      Technology Hardware & Equipment - 2.3%  
  191,975    

CDW Corp.

    21,309,225  
  69,400    

Coherent, Inc.*

    9,464,078  
  9,625    

Keyence Corp.

    5,935,953  
  290,608    

Samsung Electronics Co., Ltd.

    11,833,651  
  221,175    

TE Connectivity Ltd.

    21,184,142  
  371,380    

Western Digital Corp.

    17,659,119  
  65,069    

Zebra Technologies Corp. Class A*

    13,631,305  
   

 

 

 
      101,017,473  
   

 

 

 
      Telecommunication Services - 1.4%  
  777,835    

AT&T, Inc.

    26,065,251  
  23,857,416    

China Tower Corp. Ltd. Class H(5)

    6,266,679  
  553,274    

Verizon Communications, Inc.

    31,608,543  
   

 

 

 
      63,940,473  
   

 

 

 
      Transportation - 2.7%  
  421,130    

Canadian National Railway Co.

    38,975,950  
  99,919    

CSX Corp.

    7,730,733  
  244,581    

Delta Air Lines, Inc.

    13,879,972  
  188,273    

Expeditors International of Washington, Inc.

    14,282,390  
  267,272    

Southwest Airlines Co.

    13,572,072  
  197,460    

Union Pacific Corp.

    33,392,461  
   

 

 

 
      121,833,578  
   

 

 

 
      Utilities - 2.6%  
  301,100    

American Electric Power Co., Inc.

    26,499,811  
  144,536    

Dominion Energy, Inc.

    11,175,524  
  1,367,857    

Iberdrola S.A.

    13,618,627  
  462,977    

NRG Energy, Inc.

    16,259,752  
  86,742    

Sempra Energy

    11,921,820  
  487,182    

Southern Co.

    26,931,421  
  138,125    

UGI Corp.

    7,377,256  
   

 

 

 
      113,784,211  
   

 

 

 
 

Total Common Stocks
(cost $3,846,704,444)

  $ 4,341,260,791  
   

 

 

 
PREFERRED STOCKS - 1.3%  
      Banks - 0.2%  
  676,900    

Itau Unibanco Holding S.A.*

  $ 6,391,853  
   

 

 

 
      Consumer Services - 0.1%  
  16,619    

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

    2,120,917  
   

 

 

 
      Diversified Financials - 0.0%  
  85,350    

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

    1,328,046  
   

 

 

 
Shares or Principal Amount   Market Value  
PREFERRED STOCKS - 1.3% - (continued)  
      Software & Services - 1.0%  
  29,504    

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

  $ 796,608  
  50,200    

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

    227,406  
  264,470    

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

    6,762,942  
  20,891    

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

    4,816,211  
  749,645    

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

    32,238,158  
   

 

 

 
      44,841,325  
   

 

 

 
 

Total Preferred Stocks
(cost $32,978,089)

  $ 54,682,141  
   

 

 

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

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

  $ 1,307,036  
   

 

 

 
 

Total Convertible Preferred Stocks
(cost $1,097,606)

  $ 1,307,036  
   

 

 

 
ESCROWS - 0.0%(6)  
      Consumer Durables & Apparel - 0.0%  
  127,917    

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

  $ 20,467  
   

 

 

 
 

Total Escrows
(cost $—)

  $ 20,467  
   

 

 

 
 

Total Long-Term Investments
(cost $3,880,780,139)

  $ 4,397,270,435  
   

 

 

 
SHORT-TERM INVESTMENTS - 1.1%  
      Other Investment Pools & Funds - 1.1%  
  50,544,895    

BlackRock Liquidity Funds, FedFund Portfolio, Institutional Class, 2.35%(7)

  $ 50,544,895  
   

 

 

 
      Securities Lending Collateral - 0.0%  
  9,653    

Citibank NA DDCA, 2.36%, 7/1/2019(7)

    9,653  
  87,620    

Fidelity Investments Money Market Funds, Government Portfolio, Institutional Class, 2.28%(7)

    87,620  
  12,212    

Goldman Sachs Financial Square Funds, Government Fund, Institutional Class, 2.28%(7)

    12,212  
  37,130    

Invesco Government & Agency Portfolio, Institutional Class, 2.25%(7)

    37,130  
  43,279    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 2.29%(7)

    43,279  
  3,158    

Western Asset Institutional Government Reserves Fund, Institutional Class, 2.21%(7)

    3,158  
   

 

 

 
      193,052  
   

 

 

 
 

Total Short-Term Investments
(cost $50,737,947)

  $ 50,737,947  
   

 

 

 
 

Total Investments
(cost $3,931,518,086)

    100.4    $ 4,448,008,382  
 

Other Assets and Liabilities

    (0.4 )%       (19,223,646
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 4,428,784,736  
   

 

 

    

 

 

 

 

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 accompanying notes are an integral part of these financial statements.

 

 

  36  

 


Hartford Capital Appreciation HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

 

    

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. These classifications are used for financial reporting purposes.

 

    

See “Glossary” for abbreviation descriptions.

 

*

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) 

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, 2019, the aggregate fair value of these securities was $62,800,671, which represented 1.4% 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) 

Investment in securities not registered under the Securities Act of 1933 (excluding securities acquired pursuant to Rule 144A and Regulation S). At the end of the period, the value of such restricted securities amounted to $62,800,671 or 1.4% of net assets.

 

Period
Acquired
    

Security Name

  Shares/
Par Value
    Base
Total Cost
    Base
Market Value
 
  06/2015      Airbnb, Inc. Series E Preferred     16,619     $     1,547,136     $     2,120,917  
  08/2011      Allstar Co.     8,451,700       3,676,649       338,068  
  07/2015      DraftKings, Inc.     514,432       1,938,195       1,440,410  
Period
Acquired
    

Security Name

  Shares/
Par Value
    Base
Total Cost
    Base
Market Value
 
  06/2015      Harry’s, Inc.     350,600     $ 4,713,607     $ 5,753,346  
  08/2014      Honest Co. Series C Convertible Preferred     40,566       1,097,606       1,307,036  
  12/2015      Magic Leap, Inc. Series C Preferred     29,504       679,566       796,608  
  03/2015      Nanigans, Inc. Series D Preferred     50,200       548,109       227,406  
  01/2014      One Kings Lane, Inc.     127,917             20,467  
  03/2015      Pinterest, Inc. Series G Preferred     264,470       5,695,963       6,762,942  
  03/2015      Sharecare Series B2 Preferred     20,891       5,220,034       4,816,211  
  09/2015      Social Finance, Inc. Series F Preferred     85,350       1,346,507       1,328,046  
  11/2013      Tory Burch LLC     115,140       9,024,247       5,651,056  
  06/2014      Uber Technologies, Inc. Series D Preferred     749,645       11,629,280       32,238,158  
      

 

 

   

 

 

 
       $     47,116,899     $     62,800,671  
      

 

 

   

 

 

 

 

(5) 

Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions that are exempt from registration (typically only to qualified institutional buyers) or in a public offering registered under the Securities Act of 1933. At June 30, 2019, the aggregate value of these securities was $21,213,323, representing 0.5% of net assets.

 

(6) 

Share amount represents shares of the issuer previously held that resulted in receipt of the escrow.

 

(7) 

Current yield as of period end.

 
Futures Contracts Outstanding at June 30, 2019  

Description

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

S&P 500 (E-Mini) Future

     202        09/20/2019      $     29,736,420      $ 598,003  
           

 

 

 

Total futures contracts

 

   $     598,003  
           

 

 

 

 

Foreign Currency Contracts Outstanding at June 30, 2019  
Amount and Description of
Currency to be Purchased
   Amount and Description of
Currency to be Sold
   Counterparty    Settlement
Date
    Appreciation     Depreciation  
  6,608,370      USD      5,793,000      EUR    BNP      09/18/19     $     $ (20,321
  9,616,445      USD      1,035,944,000      JPY    JPM      09/18/19             (48,291
                

 

 

   

 

 

 
 

Total

    $     —     $     (68,612
 

 

 

   

 

 

 

 

 

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.

 

 

  37  

 


Hartford Capital Appreciation HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total     Level 1      Level 2     Level 3(1)  

Assets

 

Common Stocks

 

Automobiles & Components

   $ 28,685,680     $ 16,914,125      $ 11,771,555     $  

Banks

     118,891,862       112,847,802        6,044,060        

Capital Goods

     241,818,004       210,751,730        25,312,928       5,753,346  

Commercial & Professional Services

     175,600,147       163,924,522        11,675,625        

Consumer Durables & Apparel

     105,179,671       105,179,671               

Consumer Services

     130,055,271       128,614,861              1,440,410  

Diversified Financials

     123,600,582       120,829,919        2,770,663        

Energy

     130,859,835       125,510,622        5,349,213        

Food & Staples Retailing

     51,596,730       51,596,730               

Food, Beverage & Tobacco

     259,987,923       204,490,192        55,497,731        

Health Care Equipment & Services

     473,333,963       469,205,316        4,128,647        

Household & Personal Products

     52,135,897       40,320,037        11,815,860        

Insurance

     216,911,106       203,483,264        13,427,842        

Materials

     152,026,567       139,234,333        12,792,234        

Media & Entertainment

     226,308,722       217,780,419        8,528,303        

Pharmaceuticals, Biotechnology & Life Sciences

     323,179,443       315,931,871        7,247,572        

Real Estate

     264,885,698       257,842,709        7,042,989        

Retailing

     294,755,397       262,055,830        26,710,443       5,989,124  

Semiconductors & Semiconductor Equipment

     107,961,420       107,961,420               

Software & Services

     462,911,138       455,655,433        7,255,705        

Technology Hardware & Equipment

     101,017,473       83,247,869        17,769,604        

Telecommunication Services

     63,940,473       57,673,794        6,266,679        

Transportation

     121,833,578       121,833,578               

Utilities

     113,784,211       100,165,584        13,618,627        

Preferred Stocks

     54,682,141       6,391,853        39,001,100       9,289,188  

Convertible Preferred Stocks

     1,307,036                    1,307,036  

Escrows

     20,467                    20,467  

Short-Term Investments

     50,737,947       50,737,947               

Futures Contracts(2)

     598,003       598,003               
  

 

 

   

 

 

    

 

 

   

 

 

 

Total

   $     4,448,606,385     $     4,130,779,434      $     294,027,380     $     23,799,571  
  

 

 

   

 

 

    

 

 

   

 

 

 

Liabilities

 

Foreign Currency Contracts(2)

   $ (68,612   $      $ (68,612   $  
  

 

 

   

 

 

    

 

 

   

 

 

 

Total

   $ (68,612   $      $ (68,612   $  
  

 

 

   

 

 

    

 

 

   

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, investments valued at $36,435,982 were transferred out of Level 3 due to the expiration of trading restrictions and there were no transfers into Level 3.

 

(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, 2019 is not presented.

 

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

 

 

  38  

 


Hartford Disciplined Equity HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 99.3%  
      Banks - 7.6%  
  533,880    

Bank of America Corp.

  $ 15,482,520  
  192,942    

Fifth Third Bancorp

    5,383,082  
  145,259    

JP Morgan Chase & Co.

    16,239,956  
  78,871    

PNC Financial Services Group, Inc.

    10,827,411  
   

 

 

 
      47,932,969  
   

 

 

 
      Capital Goods - 5.7%  
  83,714    

AMETEK, Inc.

    7,604,580  
  136,577    

Fortune Brands Home & Security, Inc.

    7,802,644  
  46,249    

Illinois Tool Works, Inc.

    6,974,812  
  46,622    

Raytheon Co.

    8,106,633  
  33,748    

Snap-on, Inc.

    5,590,019  
   

 

 

 
      36,078,688  
   

 

 

 
      Commercial & Professional Services - 2.9%  
  34,380    

Equifax, Inc.

    4,649,551  
  100,329    

IHS Markit Ltd.*

    6,392,964  
  84,830    

Republic Services, Inc.

    7,349,671  
   

 

 

 
      18,392,186  
   

 

 

 
      Consumer Durables & Apparel - 2.6%  
  112,489    

NIKE, Inc. Class B

    9,443,452  
  82,307    

VF Corp.

    7,189,516  
   

 

 

 
      16,632,968  
   

 

 

 
      Consumer Services - 2.9%  
  74,745    

Hilton Worldwide Holdings, Inc.

    7,305,576  
  51,829    

McDonald’s Corp.

    10,762,810  
   

 

 

 
      18,068,386  
   

 

 

 
      Diversified Financials - 2.3%  
  60,124    

American Express Co.

    7,421,706  
  77,489    

Capital One Financial Corp.

    7,031,352  
   

 

 

 
      14,453,058  
   

 

 

 
      Energy - 1.9%  
  107,321    

Continental Resources, Inc.*

    4,517,141  
  79,318    

EOG Resources, Inc.

    7,389,265  
   

 

 

 
      11,906,406  
   

 

 

 
      Food & Staples Retailing - 3.2%  
  36,801    

Costco Wholesale Corp.

    9,725,033  
  95,576    

Walmart, Inc.

    10,560,192  
   

 

 

 
      20,285,225  
   

 

 

 
      Food, Beverage & Tobacco - 3.3%  
  40,383    

Constellation Brands, Inc. Class A

    7,953,028  
  130,387    

Kellogg Co.

    6,984,832  
  94,246    

Monster Beverage Corp.*

    6,015,722  
   

 

 

 
      20,953,582  
   

 

 

 
      Health Care Equipment & Services - 10.7%  
  108,512    

Abbott Laboratories

    9,125,859  
  24,174    

Anthem, Inc.

    6,822,145  
  136,817    

Baxter International, Inc.

    11,205,312  
  45,732    

Danaher Corp.

    6,536,017  
  131,314    

Hologic, Inc.*

    6,305,698  
  43,522    

Laboratory Corp. of America Holdings*

    7,524,954  
  96,402    

Medtronic plc

    9,388,591  
  44,707    

UnitedHealth Group, Inc.

    10,908,955  
   

 

 

 
      67,817,531  
   

 

 

 
      Household & Personal Products - 4.1%  
  129,338    

Colgate-Palmolive Co.

    9,269,654  
  10,675    

Estee Lauder Cos., Inc. Class A

    1,954,699  
  133,855    

Procter & Gamble Co.

    14,677,201  
   

 

 

 
      25,901,554  
   

 

 

 
Shares or Principal Amount   Market Value  
COMMON STOCKS - 99.3% - (continued)  
      Insurance - 3.7%  
  80,736    

Allstate Corp.

  $ 8,210,044  
  93,966    

Athene Holding Ltd. Class A*

    4,046,176  
  73,969    

Chubb Ltd.

    10,894,894  
   

 

 

 
      23,151,114  
   

 

 

 
      Materials - 2.1%  
  43,229    

Ecolab, Inc.

    8,535,134  
  43,458    

PPG Industries, Inc.

    5,071,983  
   

 

 

 
      13,607,117  
   

 

 

 
      Media & Entertainment - 5.8%  
  14,106    

Alphabet, Inc. Class A*

    15,273,977  
  3,714    

Alphabet, Inc. Class C*

    4,014,499  
  37,836    

Facebook, Inc. Class A*

    7,302,348  
  73,817    

Walt Disney Co.

    10,307,806  
   

 

 

 
      36,898,630  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 5.7%  
  33,759    

Allergan plc

    5,652,269  
  92,228    

Eli Lilly & Co.

    10,217,940  
  121,353    

Merck & Co., Inc.

    10,175,449  
  34,036    

Thermo Fisher Scientific, Inc.

    9,995,693  
   

 

 

 
      36,041,351  
   

 

 

 
      Real Estate - 2.2%  
  36,787    

American Tower Corp. REIT

    7,521,102  
  47,213    

Boston Properties, Inc. REIT

    6,090,477  
   

 

 

 
      13,611,579  
   

 

 

 
      Retailing - 3.5%  
  4,845    

Amazon.com, Inc.*

    9,174,637  
  2,484    

Booking Holdings, Inc.*

    4,656,780  
  157,230    

TJX Cos., Inc.

    8,314,322  
   

 

 

 
      22,145,739  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 2.7%  
  115,472    

Micron Technology, Inc.*

    4,456,064  
  183,303    

ON Semiconductor Corp.*

    3,704,554  
  46,076    

QUALCOMM, Inc.

    3,505,001  
  119,183    

Teradyne, Inc.

    5,710,058  
   

 

 

 
      17,375,677  
   

 

 

 
      Software & Services - 12.1%  
  114,695    

GoDaddy, Inc. Class A*

    8,045,854  
  109,002    

Leidos Holdings, Inc.

    8,703,810  
  47,669    

Mastercard, Inc. Class A

    12,609,881  
  146,837    

Microsoft Corp.

    19,670,284  
  49,069    

salesforce.com, Inc.*

    7,445,239  
  119,187    

SS&C Technologies Holdings, Inc.

    6,866,363  
  64,695    

Total System Services, Inc.

    8,298,428  
  24,077    

Workday, Inc. Class A*

    4,949,750  
   

 

 

 
      76,589,609  
   

 

 

 
      Technology Hardware & Equipment - 6.1%  
  88,598    

Apple, Inc.

    17,535,316  
  54,882    

CDW Corp.

    6,091,902  
  60,008    

Motorola Solutions, Inc.

    10,005,134  
  79,967    

NetApp, Inc.

    4,933,964  
   

 

 

 
      38,566,316  
   

 

 

 
      Telecommunication Services - 1.8%  
  199,504    

Verizon Communications, Inc.

    11,397,664  
   

 

 

 
      Transportation - 1.5%  
  34,953    

Norfolk Southern Corp.

    6,967,182  
  53,200    

Uber Technologies, Inc.*

    2,467,416  
   

 

 

 
      9,434,598  
   

 

 

 
 

 

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

 

 

  39  

 


Hartford Disciplined Equity HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 99.3% - (continued)  
      Utilities - 4.9%  
  123,329    

American Electric Power Co., Inc.

  $ 10,854,185  
  62,308    

NextEra Energy, Inc.

    12,764,417  
  80,805    

Pinnacle West Capital Corp.

    7,602,943  
   

 

 

 
      31,221,545  
   

 

 

 
 

Total Common Stocks
(cost $447,251,484)

  $ 628,463,492  
   

 

 

 
SHORT-TERM INVESTMENTS - 0.5%  
      Other Investment Pools & Funds - 0.5%  
  3,071,737    

BlackRock Liquidity Funds, FedFund Portfolio, Institutional Class, 2.35%(1)

  $ 3,071,737  
   

 

 

 
 

Total Short-Term Investments
(cost $3,071,737)

  $ 3,071,737  
   

 

 

 
 

Total Investments
(cost $450,323,221)

    99.8    $ 631,535,229  
 

Other Assets and Liabilities

    0.2      1,381,435  
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $     632,916,664  
   

 

 

    

 

 

 
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. These classifications are used for financial reporting purposes.

 

    

See “Glossary” for abbreviation descriptions.

 

*

Non-income producing.

 

(1) 

Current yield as of period end.

 

 

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

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total      Level 1      Level 2      Level 3(1)  

Assets

 

Common Stocks

 

Banks

   $ 47,932,969      $ 47,932,969      $      $  

Capital Goods

     36,078,688        36,078,688                

Commercial & Professional Services

     18,392,186        18,392,186                

Consumer Durables & Apparel

     16,632,968        16,632,968                

Consumer Services

     18,068,386        18,068,386                

Diversified Financials

     14,453,058        14,453,058                

Energy

     11,906,406        11,906,406                

Food & Staples Retailing

     20,285,225        20,285,225                

Food, Beverage & Tobacco

     20,953,582        20,953,582                

Health Care Equipment & Services

     67,817,531        67,817,531                

Household & Personal Products

     25,901,554        25,901,554                

Insurance

     23,151,114        23,151,114                

Materials

     13,607,117        13,607,117                

Media & Entertainment

     36,898,630        36,898,630                

Pharmaceuticals, Biotechnology & Life Sciences

     36,041,351        36,041,351                

Real Estate

     13,611,579        13,611,579                

Retailing

     22,145,739        22,145,739                

Semiconductors & Semiconductor Equipment

     17,375,677        17,375,677                

Software & Services

     76,589,609        76,589,609                

Technology Hardware & Equipment

     38,566,316        38,566,316                

Telecommunication Services

     11,397,664        11,397,664                

Transportation

     9,434,598        9,434,598                

Utilities

     31,221,545        31,221,545                

Short-Term Investments

     3,071,737        3,071,737                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     631,535,229      $     631,535,229      $     —      $     —  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, there were no transfers in and out of Level 3.

 

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

 

 

  40  

 


Hartford Dividend and Growth HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.3%  
      Automobiles & Components - 0.4%  
  193,015    

Autoliv, Inc.

  $ 13,609,488  
   

 

 

 
      Banks - 9.3%  
  3,961,713    

Bank of America Corp.

    114,889,677  
  394,537    

Bank of Nova Scotia

    21,443,086  
  79,110    

Comerica, Inc.

    5,746,550  
  1,003,371    

JP Morgan Chase & Co.

    112,176,878  
  327,310    

PNC Financial Services Group, Inc.

    44,933,117  
 

 

 

 
      299,189,308  
   

 

 

 
      Capital Goods - 7.0%  
  282,081    

Deere & Co.

    46,743,642  
  249,688    

Eaton Corp. plc

    20,794,017  
  224,068    

General Dynamics Corp.

    40,740,044  
  664,398    

Johnson Controls International plc

    27,446,281  
  87,450    

Lockheed Martin Corp.

    31,791,573  
  95,656    

Raytheon Co.

    16,632,665  
  309,939    

United Technologies Corp.

    40,354,058  
   

 

 

 
      224,502,280  
   

 

 

 
      Consumer Services - 1.1%  
  354,461    

Hilton Worldwide Holdings, Inc.

    34,645,018  
   

 

 

 
      Diversified Financials - 3.7%  
  88,239    

American Express Co.

    10,892,222  
  68,364    

BlackRock, Inc.

    32,083,225  
  210,087    

Charles Schwab Corp.

    8,443,397  
  411,525    

Intercontinental Exchange, Inc.

    35,366,458  
  351,407    

Northern Trust Corp.

    31,626,630  
   

 

 

 
      118,411,932  
   

 

 

 
      Energy - 8.0%  
  186,418    

BP plc ADR

    7,773,631  
  662,022    

Chevron Corp.

    82,382,018  
  413,048    

ConocoPhillips

    25,195,928  
  2,367,596    

Encana Corp.

    12,145,767  
  281,614    

Exxon Mobil Corp.

    21,580,081  
  522,741    

Hess Corp.

    33,230,645  
  730,942    

Noble Energy, Inc.

    16,373,101  
  1,095,407    

Suncor Energy, Inc.

    34,132,882  
  401,885    

Total S.A. ADR

    22,421,164  
   

 

 

 
      255,235,217  
   

 

 

 
      Food & Staples Retailing - 1.7%  
  440,347    

Sysco Corp.

    31,141,340  
  203,970    

Walmart, Inc.

    22,536,645  
   

 

 

 
      53,677,985  
   

 

 

 
      Food, Beverage & Tobacco - 3.5%  
  890,855    

Coca-Cola Co.

    45,362,337  
  416,239    

Kellogg Co.

    22,297,923  
  347,989    

PepsiCo., Inc.

    45,631,798  
   

 

 

 
      113,292,058  
   

 

 

 
      Health Care Equipment & Services - 5.7%  
  344,423    

Abbott Laboratories

    28,965,974  
  532,628    

CVS Health Corp.

    29,022,900  
  582,391    

Medtronic plc

    56,719,060  
  207,477    

UnitedHealth Group, Inc.

    50,626,463  
  137,716    

Universal Health Services, Inc. Class B

    17,956,789  
   

 

 

 
      183,291,186  
   

 

 

 
      Household & Personal Products - 0.6%  
  312,346    

Unilever N.V.

    18,965,649  
   

 

 

 
      Insurance - 7.5%  
  654,534    

American International Group, Inc.

    34,873,572  
  111,870    

Arthur J Gallagher & Co.

    9,798,693  
  48,361    

Brighthouse Financial, Inc.*

    1,774,365  
  492,320    

Chubb Ltd.

    72,513,813  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.3% - (continued)  
      Insurance - 7.5% - (continued)  
  245,361    

Marsh & McLennan Cos., Inc.

  $ 24,474,760  
  551,644    

Principal Financial Group, Inc.

    31,951,220  
  656,201    

Prudential Financial, Inc.

    66,276,301  
   

 

 

 
      241,662,724  
   

 

 

 
      Materials - 3.9%  
  61,180    

Celanese Corp.

    6,595,204  
  263,277    

DuPont de Nemours, Inc.

    19,764,204  
  320,082    

FMC Corp.

    26,550,802  
  767,091    

International Paper Co.

    33,230,382  
  266,637    

Livent Corp.*

    1,845,128  
  312,363    

PPG Industries, Inc.

    36,455,886  
   

 

 

 
      124,441,606  
   

 

 

 
      Media & Entertainment - 5.1%  
  77,079    

Alphabet, Inc. Class A*

    83,461,141  
  1,898,447    

Comcast Corp. Class A

    80,266,339  
   

 

 

 
      163,727,480  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 8.6%  
  361,787    

Agilent Technologies, Inc.

    27,014,635  
  1,092,798    

AstraZeneca plc ADR

    45,110,702  
  827,164    

Bristol-Myers Squibb Co.

    37,511,888  
  209,565    

Eli Lilly & Co.

    23,217,706  
  536,873    

Merck & Co., Inc.

    45,016,801  
  376,533    

Novartis AG ADR

    34,381,228  
  1,427,557    

Pfizer, Inc.

    61,841,769  
   

 

 

 
      274,094,729  
   

 

 

 
      Real Estate - 2.7%  
  180,201    

American Tower Corp. REIT

    36,842,094  
  93,744    

Boston Properties, Inc. REIT

    12,092,976  
  21,585    

Essex Property Trust, Inc. REIT

    6,301,309  
  202,943    

Simon Property Group, Inc. REIT

    32,422,174  
   

 

 

 
      87,658,553  
   

 

 

 
      Retailing - 4.2%  
  60,755    

Alibaba Group Holding Ltd. ADR*

    10,294,935  
  197,800    

Expedia Group, Inc.

    26,313,334  
  193,724    

Home Depot, Inc.

    40,288,781  
  281,275    

Lowe’s Cos., Inc.

    28,383,460  
  526,956    

TJX Cos., Inc.

    27,865,433  
   

 

 

 
      133,145,943  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 2.5%  
  957,676    

Intel Corp.

    45,843,950  
  188,241    

KLA-Tencor Corp.

    22,250,086  
  341,173    

Micron Technology, Inc.*

    13,165,866  
   

 

 

 
      81,259,902  
   

 

 

 
      Software & Services - 6.8%  
  120,156    

Accenture plc Class A

    22,201,224  
  311,190    

DXC Technology Co.

    17,162,129  
  157,789    

International Business Machines Corp.

    21,759,103  
  1,181,871    

Microsoft Corp.

    158,323,439  
   

 

 

 
      219,445,895  
   

 

 

 
      Technology Hardware & Equipment - 4.9%  
  207,558    

Apple, Inc.

    41,079,879  
  730,976    

Cisco Systems, Inc.

    40,006,317  
  1,564,279    

HP, Inc.

    32,521,360  
  253,617    

Motorola Solutions, Inc.

    42,285,563  
   

 

 

 
      155,893,119  
   

 

 

 
      Telecommunication Services - 4.1%      
  706,266    

AT&T, Inc.

    23,666,974  
  1,913,114    

Verizon Communications, Inc.

    109,296,203  
   

 

 

 
      132,963,177  
   

 

 

 
 

 

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

 

 

  41  

 


Hartford Dividend and Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.3% - (continued)  
      Transportation - 2.2%  
  397,416    

Delta Air Lines, Inc.

  $ 22,553,358  
  175,014    

Union Pacific Corp.

    29,596,617  
  173,003    

United Parcel Service, Inc. Class B

    17,866,020  
   

 

 

 
      70,015,995  
   

 

 

 
      Utilities - 4.8%  
  596,480    

Dominion Energy, Inc.

    46,119,834  
  391,166    

Edison International

    26,368,500  
  746,646    

Exelon Corp.

    35,794,209  
  217,764    

NextEra Energy, Inc.

    44,611,133  
   

 

 

 
      152,893,676  
   

 

 

 
 

Total Common Stocks
(cost $2,262,472,188)

  $ 3,152,022,920  
   

 

 

 
SHORT-TERM INVESTMENTS - 1.7%  
      Other Investment Pools & Funds - 1.7%  
  56,767,331    

Fidelity Institutional Government Fund, Institutional Class, 2.27%(1)

  $ 56,767,331  
   

 

 

 
 

Total Short-Term Investments
(cost $56,767,331)

  $ 56,767,331  
   

 

 

 
 

Total Investments
(cost $2,319,239,519)

    100.0    $ 3,208,790,251  
 

Other Assets and Liabilities

    0.0      (1,352,291
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $     3,207,437,960  
   

 

 

    

 

 

 
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. These classifications are used for financial reporting purposes.

 

 

See “Glossary” for abbreviation descriptions.

 

*

Non-income producing.

 

(1) 

Current yield as of period end.

 

 

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

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total      Level 1      Level 2      Level 3(1)  

Assets

 

Common Stocks

 

Automobiles & Components

   $ 13,609,488      $ 13,609,488      $      $  

Banks

     299,189,308        299,189,308                

Capital Goods

     224,502,280        224,502,280                

Consumer Services

     34,645,018        34,645,018                

Diversified Financials

     118,411,932        118,411,932                

Energy

     255,235,217        255,235,217                

Food & Staples Retailing

     53,677,985        53,677,985                

Food, Beverage & Tobacco

     113,292,058        113,292,058                

Health Care Equipment & Services

     183,291,186        183,291,186                

Household & Personal Products

     18,965,649        18,965,649                

Insurance

     241,662,724        241,662,724                

Materials

     124,441,606        124,441,606                

Media & Entertainment

     163,727,480        163,727,480                

Pharmaceuticals, Biotechnology & Life Sciences

     274,094,729        274,094,729                

Real Estate

     87,658,553        87,658,553                

Retailing

     133,145,943        133,145,943                

Semiconductors & Semiconductor Equipment

     81,259,902        81,259,902                

Software & Services

     219,445,895        219,445,895                

Technology Hardware & Equipment

     155,893,119        155,893,119                

Telecommunication Services

     132,963,177        132,963,177                

Transportation

     70,015,995        70,015,995                

Utilities

     152,893,676        152,893,676                

Short-Term Investments

     56,767,331        56,767,331                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     3,208,790,251      $     3,208,790,251      $     —      $     —  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, there were no transfers in and out of Level 3.

 

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

 

 

  42  

 


Hartford Global Growth HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.9%  
      Automobiles & Components - 0.7%  
  24,080    

Ferrari N.V.

  $ 3,904,320  
   

 

 

 
      Banks - 1.1%  
  94,026    

Bank of America Corp.

    2,726,754  
  23,995    

HDFC Bank Ltd. ADR

    3,120,310  
   

 

 

 
      5,847,064  
   

 

 

 
      Capital Goods - 6.1%  
  27,677    

Airbus SE

    3,916,893  
  115,891    

Assa Abloy AB Class B

    2,614,812  
  77,327    

Atlas Copco AB Class A

    2,477,993  
  13,902    

Boeing Co.

    5,060,467  
  17,901    

General Dynamics Corp.

    3,254,760  
  16,221    

L3Harris Technologies, Inc.

    3,067,878  
  23,239    

Lockheed Martin Corp.

    8,448,306  
  19,370    

Nidec Corp.

    2,660,178  
   

 

 

 
      31,501,287  
   

 

 

 
      Commercial & Professional Services - 1.9%  
  65,684    

Edenred

    3,347,553  
  105,046    

Experian plc

    3,181,796  
  48,620    

IHS Markit Ltd.*

    3,098,066  
   

 

 

 
      9,627,415  
   

 

 

 
      Consumer Durables & Apparel - 3.6%  
  10,808    

adidas AG

    3,343,672  
  25,535    

Cie Financiere Richemont S.A.

    2,169,875  
  45,096    

NIKE, Inc. Class B

    3,785,809  
  964    

NVR, Inc.*

    3,248,921  
  40,430    

Sony Corp.

    2,124,595  
  145,941    

Under Armour, Inc. Class A*

    3,699,604  
   

 

 

 
      18,372,476  
   

 

 

 
      Consumer Services - 1.2%  
  37,730    

Hilton Worldwide Holdings, Inc.

    3,687,730  
  527,212    

Sands China Ltd.

    2,518,527  
   

 

 

 
      6,206,257  
   

 

 

 
      Diversified Financials - 5.5%  
  66,047    

American Express Co.

    8,152,842  
  39,224    

Intercontinental Exchange, Inc.

    3,370,910  
  69,744    

Julius Baer Group Ltd.*

    3,107,379  
  4,459    

Partners Group Holding AG

    3,506,644  
  17,260    

S&P Global, Inc.

    3,931,655  
  126,652    

TD Ameritrade Holding Corp.

    6,322,468  
   

 

 

 
      28,391,898  
   

 

 

 
      Energy - 1.4%  
  427,070    

Encana Corp.

    2,191,524  
  151,121    

Galp Energia SGPS S.A.

    2,324,130  
  70,213    

Schlumberger Ltd.

    2,790,264  
   

 

 

 
      7,305,918  
   

 

 

 
      Food, Beverage & Tobacco - 5.4%  
  17,727    

Constellation Brands, Inc. Class A

    3,491,155  
  290,534    

Davide Campari-Milano S.p.A.

    2,846,262  
  181,300    

Diageo plc

    7,803,195  
  25,512    

Heineken N.V.

    2,843,373  
  57,232    

Monster Beverage Corp.*

    3,653,119  
  71,883    

Nestle S.A.

    7,441,487  
   

 

 

 
      28,078,591  
   

 

 

 
      Health Care Equipment & Services - 6.4%  
  12,520    

Anthem, Inc.

    3,533,269  
  37,875    

Baxter International, Inc.

    3,101,962  
  143,817    

Boston Scientific Corp.*

    6,181,255  
  20,029    

Edwards Lifesciences Corp.*

    3,700,157  
  39,500    

Hoya Corp.

    3,035,740  
  5,747    

Intuitive Surgical, Inc.*

    3,014,589  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.9% - (continued)  
      Health Care Equipment & Services - 6.4% - (continued)  
  26,097    

Medtronic plc

  $ 2,541,587  
  12,270    

Penumbra, Inc.*

    1,963,200  
  23,555    

UnitedHealth Group, Inc.

    5,747,656  
   

 

 

 
      32,819,415  
   

 

 

 
      Insurance - 3.4%  
  410,000    

AIA Group Ltd.

    4,427,548  
  17,607    

Aon plc

    3,397,799  
  509,538    

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

    6,127,130  
  43,715    

Progressive Corp.

    3,494,140  
   

 

 

 
      17,446,617  
   

 

 

 
      Materials - 1.5%  
  125,659    

BHP Group plc

    3,213,648  
  233,336    

First Quantum Minerals Ltd.

    2,216,563  
  26,580    

Shin-Etsu Chemical Co., Ltd.

    2,486,874  
   

 

 

 
      7,917,085  
   

 

 

 
      Media & Entertainment - 11.1%  
  17,666    

Alphabet, Inc. Class C*

    19,095,356  
  31,694    

Electronic Arts, Inc.*

    3,209,335  
  67,576    

Facebook, Inc. Class A*

    13,042,168  
  9,451    

Netflix, Inc.*

    3,471,541  
  7,990    

Nintendo Co., Ltd.

    2,931,520  
  97,857    

Pinterest, Inc. Class A*

    2,663,668  
  23,747    

Spotify Technology S.A.*

    3,472,286  
  137,920    

Tencent Holdings Ltd.

    6,239,416  
  82,743    

Yandex N.V. Class A*

    3,144,234  
   

 

 

 
      57,269,524  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 6.9%  
  44,130    

Agilent Technologies, Inc.

    3,295,187  
  96,620    

AstraZeneca plc

    7,898,845  
  17,081    

Bluebird Bio, Inc.*

    2,172,703  
  31,208    

Eli Lilly & Co.

    3,457,534  
  42,127    

Gilead Sciences, Inc.

    2,846,100  
  17,509    

ICON plc*

    2,695,861  
  86,619    

Novartis AG

    7,907,600  
  66,285    

Pfizer, Inc.

    2,871,466  
  35,330    

Seattle Genetics, Inc.*

    2,445,189  
   

 

 

 
      35,590,485  
   

 

 

 
      Real Estate - 1.7%  
  43,252    

American Tower Corp. REIT

    8,842,871  
   

 

 

 
      Retailing - 9.8%  
  22,114    

Alibaba Group Holding Ltd. ADR*

    3,747,217  
  12,558    

Amazon.com, Inc.*

    23,780,206  
  49,869    

Home Depot, Inc.

    10,371,256  
  34,059    

Ross Stores, Inc.

    3,375,928  
  126,157    

TJX Cos., Inc.

    6,671,182  
  16,849    

Wayfair, Inc. Class A*

    2,459,954  
   

 

 

 
      50,405,743  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 4.3%  
  152,711    

Advanced Micro Devices, Inc.*

    4,637,833  
  18,285    

ASML Holding N.V.

    3,804,922  
  136,203    

Infineon Technologies AG

    2,420,284  
  25,040    

KLA-Tencor Corp.

    2,959,728  
  136,810    

Marvell Technology Group Ltd.

    3,265,655  
  250,610    

MediaTek, Inc.

    2,538,370  
  321,000    

Taiwan Semiconductor Manufacturing Co., Ltd.

    2,455,129  
   

 

 

 
      22,081,921  
   

 

 

 
      Software & Services - 21.4%  
  22,275    

Accenture plc Class A

    4,115,752  
  35,233    

Adobe, Inc.*

    10,381,404  
  22,096    

Automatic Data Processing, Inc.

    3,653,132  
 

 

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

 

 

  43  

 


Hartford Global Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.9% - (continued)  
      Software & Services - 21.4% - (continued)  
  23,842    

Fidelity National Information Services, Inc.

  $ 2,924,937  
  13,384    

FleetCor Technologies, Inc.*

    3,758,896  
  18,284    

Global Payments, Inc.

    2,927,817  
  12,677    

Intuit, Inc.

    3,312,880  
  41,746    

Mastercard, Inc. Class A

    11,043,069  
  186,864    

Microsoft Corp.

    25,032,302  
  87,667    

PayPal Holdings, Inc.*

    10,034,365  
  58,103    

Salesforce.com, Inc.*

    8,815,968  
  18,720    

ServiceNow, Inc.*

    5,139,950  
  24,491    

Splunk, Inc.*

    3,079,743  
  17,577    

Temenos AG*

    3,147,229  
  22,130    

Total System Services, Inc.

    2,838,615  
  14,184    

VeriSign, Inc.*

    2,966,725  
  40,472    

Visa, Inc. Class A

    7,023,916  
   

 

 

 
      110,196,700  
   

 

 

 
      Technology Hardware & Equipment - 1.6%  
  31,723    

CDW Corp.

    3,521,253  
  51,091    

Cisco Systems, Inc.

    2,796,210  
  191,483    

Sunny Optical Technology Group Co., Ltd.

    1,982,478  
   

 

 

 
      8,299,941  
   

 

 

 
      Telecommunication Services - 0.8%  
  54,333    

T-Mobile US, Inc.*

    4,028,249  
   

 

 

 
      Transportation - 3.1%  
  34,364    

Canadian National Railway Co.

    3,180,418  
  43,015    

CSX Corp.

    3,328,071  
  14,589    

Norfolk Southern Corp.

    2,908,025  
  54,000    

Uber Technologies, Inc.*

    2,504,520  
  23,742    

Union Pacific Corp.

    4,015,010  
   

 

 

 
      15,936,044  
   

 

 

 
 

Total Common Stocks
(cost $379,969,487)

  $ 510,069,821  
   

 

 

 
Shares or Principal Amount   Market Value  
SHORT-TERM INVESTMENTS - 1.0%  
      Other Investment Pools & Funds - 1.0%  
  5,054,183    

Fidelity Institutional Government Fund, Institutional Class, 2.27%(1)

  $ 5,054,183  
   

 

 

 
 

Total Short-Term Investments
(cost $5,054,183)

  $ 5,054,183  
   

 

 

 
 

Total Investments
(cost $385,023,670)

    99.9    $     515,124,004  
 

Other Assets and Liabilities

    0.1      523,610  
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 515,647,614  
   

 

 

    

 

 

 

 

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. These classifications are used for financial reporting purposes.

 

 

See “Glossary” for abbreviation descriptions.

 

*

Non-income producing.

 

(1) 

Current yield as of period end.

 

 

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

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total      Level 1      Level 2      Level 3(1)  

Assets

 

Common Stocks

 

Automobiles & Components

   $ 3,904,320      $      $ 3,904,320      $  

Banks

     5,847,064        5,847,064                

Capital Goods

     31,501,287        19,831,411        11,669,876         

Commercial & Professional Services

     9,627,415        3,098,066        6,529,349         

Consumer Durables & Apparel

     18,372,476        10,734,334        7,638,142         

Consumer Services

     6,206,257        3,687,730        2,518,527         

Diversified Financials

     28,391,898        21,777,875        6,614,023         

Energy

     7,305,918        4,981,788        2,324,130         

Food, Beverage & Tobacco

     28,078,591        7,144,274        20,934,317         

Health Care Equipment & Services

     32,819,415        29,783,675        3,035,740         

Insurance

     17,446,617        6,891,939        10,554,678         

Materials

     7,917,085        2,216,563        5,700,522         

Media & Entertainment

     57,269,524        48,098,588        9,170,936         

Pharmaceuticals, Biotechnology & Life Sciences

     35,590,485        19,784,040        15,806,445         

Real Estate

     8,842,871        8,842,871                

Retailing

     50,405,743        50,405,743                

Semiconductors & Semiconductor Equipment

     22,081,921        10,863,216        11,218,705         

Software & Services

     110,196,700        107,049,471        3,147,229         

Technology Hardware & Equipment

     8,299,941        6,317,463        1,982,478         

Telecommunication Services

     4,028,249        4,028,249                

Transportation

     15,936,044        15,936,044                

Short-Term Investments

     5,054,183        5,054,183                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     515,124,004      $     392,374,587      $     122,749,417      $     —  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, there were no transfers in and out of Level 3.

 

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

 

 

  44  

 


Hartford Growth Opportunities HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 92.6%  
      Capital Goods - 3.3%  
  101,088    

IDEX Corp.

  $ 17,401,288  
  112,926    

L3Harris Technologies, Inc.

    21,357,694  
  91,453    

Raytheon Co.

    15,901,848  
   

 

 

 
      54,660,830  
   

 

 

 
      Commercial & Professional Services - 1.7%  
  42,602    

CoStar Group, Inc.*

    23,604,064  
  18,785    

Klarna Holding AB(1)(2)(3)

    3,317,564  
  182,167    

Landscape Acquisition Holdings Ltd.*

    1,525,649  
   

 

 

 
      28,447,277  
   

 

 

 
      Consumer Durables & Apparel - 2.5%  
  318,960    

Lennar Corp. Class A

    15,456,802  
  471,689    

Under Armour, Inc. Class A*

    11,957,316  
  619,682    

Under Armour, Inc. Class C*

    13,756,940  
   

 

 

 
      41,171,058  
   

 

 

 
      Consumer Services - 4.3%  
  1,556,596    

DraftKings, Inc.*(1)(2)(3)

    4,358,469  
  209,984    

Grand Canyon Education, Inc.*

    24,572,327  
  220,557    

Marriott Vacations Worldwide Corp.

    21,261,695  
  577,000    

Target Hospitality Corp.*

    5,250,700  
  72,178    

Vail Resorts, Inc.

    16,108,686  
   

 

 

 
      71,551,877  
   

 

 

 
      Diversified Financials - 3.0%  
  327,447    

American Express Co.

    40,420,058  
  1,080,873    

J2 Acquisition Ltd.*(4)

    9,592,748  
   

 

 

 
      50,012,806  
   

 

 

 
      Food, Beverage & Tobacco - 3.9%  
  426,769    

Lamb Weston Holdings, Inc.

    27,040,084  
  571,960    

Monster Beverage Corp.*

    36,508,207  
   

 

 

 
      63,548,291  
   

 

 

 
      Health Care Equipment & Services - 10.2%  
  118,089    

Align Technology, Inc.*

    32,320,959  
  86,873    

DexCom, Inc.*

    13,017,050  
  279,776    

Haemonetics Corp.*

    33,668,244  
  343,646    

Insulet Corp.*

    41,024,459  
  14,536    

Intuitive Surgical, Inc.*

    7,624,859  
  169,019    

Penumbra, Inc.*

    27,043,040  
  86,706    

Veeva Systems, Inc. Class A*

    14,055,910  
   

 

 

 
      168,754,521  
   

 

 

 
      Media & Entertainment - 13.3%  
  20,683    

Alphabet, Inc. Class C*

    22,356,461  
  174,398    

Netflix, Inc.*

    64,059,873  
  680,569    

Ocean Outdoor Ltd.*(4)

    5,291,424  
  1,166,401    

Pinterest, Inc. Class A*(5)

    31,749,435  
  199,300    

Spotify Technology S.A.*

    29,141,646  
  331,109    

TripAdvisor, Inc.*

    15,327,036  
  367,684    

Walt Disney Co.

    51,343,394  
   

 

 

 
      219,269,269  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 9.1%  
  452,646    

AstraZeneca plc ADR

    18,685,227  
  42,679    

Bluebird Bio, Inc.*

    5,428,769  
  30,500    

Elanco Animal Health, Inc.*

    1,030,900  
  385,540    

Exact Sciences Corp.*

    45,509,142  
  12,354    

Galapagos N.V. ADR*

    1,592,801  
  131,980    

Galapagos N.V.*

    17,045,666  
  158,959    

Ionis Pharmaceuticals, Inc.*

    10,216,295  
  53,948    

Sage Therapeutics, Inc.*

    9,877,339  
  98,214    

Seattle Genetics, Inc.*

    6,797,391  
  118,483    

Thermo Fisher Scientific, Inc.

    34,796,087  
   

 

 

 
      150,979,617  
   

 

 

 
Shares or Principal Amount   Market Value  
COMMON STOCKS - 92.6% - (continued)  
      Real Estate - 1.0%  
  122,239    

Crown Castle International Corp. REIT

  $ 15,933,854  
  10,657    

WeWork Companies, Inc. Class A(1)(2)(3)

    724,676  
   

 

 

 
      16,658,530  
   

 

 

 
      Retailing - 11.9%  
  68,999    

Amazon.com, Inc.*

    130,658,576  
  117,842    

Burlington Stores, Inc.*

    20,050,816  
  514,179    

Floor & Decor Holdings, Inc. Class A*

    21,544,100  
  41,578    

JAND, Inc. Series A(1)(2)(3)

    573,777  
  38,805    

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

    1,904,551  
  147,808    

Wayfair, Inc. Class A*

    21,579,968  
   

 

 

 
      196,311,788  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 3.5%  
  1,184,389    

Advanced Micro Devices, Inc.*

    35,969,894  
  930,470    

Marvell Technology Group Ltd.

    22,210,319  
   

 

 

 
      58,180,213  
   

 

 

 
      Software & Services - 21.6%  
  267,686    

2U, Inc.*

    10,075,701  
  69,206    

Fair Isaac Corp.*

    21,732,068  
  84,957    

FleetCor Technologies, Inc.*

    23,860,173  
  404,209    

GoDaddy, Inc. Class A*

    28,355,261  
  319,349    

Guidewire Software, Inc.*

    32,375,602  
  251,638    

PayPal Holdings, Inc.*

    28,802,485  
  157,142    

ServiceNow, Inc.*

    43,146,479  
  306,402    

Splunk, Inc.*

    38,530,052  
  242,056    

Square, Inc. Class A*

    17,556,322  
  464,125    

SS&C Technologies Holdings, Inc.

    26,738,241  
  188,582    

VMware, Inc. Class A

    31,532,796  
  173,282    

Workday, Inc. Class A*

    35,623,314  
  216,161    

Zendesk, Inc.*

    19,244,814  
   

 

 

 
      357,573,308  
   

 

 

 
      Technology Hardware & Equipment - 1.8%  
  138,979    

Zebra Technologies Corp. Class A*

    29,114,711  
   

 

 

 
      Transportation - 1.5%  
  324,052    

CSX Corp.

    25,071,903  
   

 

 

 
 

Total Common Stocks
(cost $1,282,334,224)

  $ 1,531,305,999  
   

 

 

 
PREFERRED STOCKS - 4.1%  
      Real Estate - 1.1%  
  145,709    

WeWork Companies, Inc. Class D-1*(1)(2)(3)

  $ 9,908,212  
  114,486    

WeWork Companies, Inc. Class D-2*(1)(2)(3)

    7,785,048  
   

 

 

 
      17,693,260  
   

 

 

 
      Retailing - 0.6%  
  1,605,750    

Coupang LLC *(1)(2)(3)

    9,154,059  
  92,843    

JAND, Inc. Series D*(1)(2)(3)

    1,297,945  
   

 

 

 
      10,452,004  
   

 

 

 
      Software & Services - 2.4%  
  1,871,878    

Essence Group Holdings Corp. Series 3*(1)(2)(3)

    4,586,101  
  287,204    

Lookout, Inc. Series F*(1)(2)(3)

    2,021,916  
  366,944    

MarkLogic Corp. Series F*(1)(2)(3)

    3,720,812  
  162,930    

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

    4,166,394  
  589,628    

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

    25,356,697  
   

 

 

 
      39,851,920  
   

 

 

 
 

Total Preferred Stocks
(cost $33,556,291)

  $ 67,997,184  
   

 

 

 
 

 

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

 

 

  45  

 


Hartford Growth Opportunities HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CONVERTIBLE PREFERRED STOCKS - 0.2%  
      Retailing - 0.2%  
  102,040    

Honest Co. Series C*(1)(2)(3)

  $ 3,287,729  
   

 

 

 
 

Total Convertible Preferred Stocks
(cost $2,760,927)

  $ 3,287,729  
   

 

 

 
ESCROWS - 0.0%(6)  
      Capital Goods - 0.0%  
  1,458,400    

Lithium Technology Corp.*(1)(2)(3)

  $ 14,584  
   

 

 

 
      Software & Services - 0.0%  
  535,139    

Birst, Inc.*(1)(2)(3)

    27,827  
  210,735    

Veracode, Inc.*(1)(2)(3)

    114,640  
   

 

 

 
      142,467  
   

 

 

 
 

Total Escrows
(cost $— )

  $ 157,051  
   

 

 

 
WARRANTS - 0.0%  
      Commercial & Professional Services - 0.0%  
  516,400    

Landscape Acquisition Holdings Ltd. Expires 11/23/22*

  $ 51,640  
   

 

 

 
      Consumer Services - 0.0%  
  192,333    

Target Hospitality Corp. Expires 3/15/24*

    384,666  
   

 

 

 
      Diversified Financials - 0.0%  
  656,679    

J2 Acquisition Ltd. Expires 9/7/27*

    137,903  
   

 

 

 
 

Total Warrants
(cost $271,560)

  $ 574,209  
   

 

 

 
 

Total Long-Term Investments
(cost $1,318,923,002)

  $ 1,603,322,172  
   

 

 

 
SHORT-TERM INVESTMENTS - 2.9%  
      Other Investment Pools & Funds - 2.9%  
  47,093,785    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 2.29%(7)

  $ 47,093,785  
   

 

 

 
 

Total Short-Term Investments
(cost $47,093,785)

  $ 47,093,785  
   

 

 

 
 

Total Investments
(cost $1,366,016,787)

    99.8    $ 1,650,415,957  
 

Other Assets and Liabilities

    0.2      4,114,341  
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 1,654,530,298  
   

 

 

    

 

 

 

 

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. These classifications are used for financial reporting purposes.

 

 

See “Glossary” for abbreviation descriptions.

*

Non-income producing.

 

(1) 

Investment valued using significant unobservable inputs.

 

(2) 

Investment in securities not registered under the Securities Act of 1933 (excluding securities acquired pursuant to Rule 144A and Regulation S). At the end of the period, the value of such restricted securities amounted to $82,321,001 or 5.0% of net assets.

 

Period
Acquired
    

Security Name

  Shares/
Par Value
    Base
Total Cost
    Base
Market Value
 
  03/2015      Birst, Inc.     535,139     $     $ 27,827  
  11/2014      Coupang LLC Preferred     1,605,750             4,998,894       9,154,059  
  12/2014      DraftKings, Inc.     1,556,596       2,280,348       4,358,469  
  05/2014      Essence Group Holdings Corp. Series 3 Preferred     1,871,878       2,960,001       4,586,101  
  08/2014      Honest Co. Series C Convertible Preferred     102,040       2,760,927       3,287,729  
  04/2015      JAND, Inc. Series A     41,578       477,536       573,777  
  04/2015      JAND, Inc. Series D Preferred     92,843       1,066,330       1,297,945  
  08/2015      Klarna Holding AB     18,785       2,060,349       3,317,564  
  08/2013      Lithium Technology Corp.     1,458,400             14,584  
  07/2014      Lookout, Inc. Series F Preferred     287,204       3,280,760       2,021,916  
  04/2015      MarkLogic Corp. Series F Preferred     366,944       4,261,761       3,720,812  
  03/2015      Pinterest, Inc. Series G Preferred     162,930       3,509,068       4,166,394  
  11/2013      Tory Burch LLC     38,805       3,041,403       1,904,551  
  06/2014      Uber Technologies, Inc. Series D Preferred     589,628       9,146,929           25,356,697  
  04/2017      Veracode, Inc.     210,735             114,640  
  12/2014      WeWork Companies, Inc. Class A     10,657       177,451       724,676  
  12/2014      WeWork Companies, Inc. Class D-1 Preferred     145,709       2,426,224       9,908,212  
  12/2014      WeWork Companies, Inc. Class D-2 Preferred     114,486       1,906,324       7,785,048  
      

 

 

   

 

 

 
       $     44,354,305     $     82,321,001  
      

 

 

   

 

 

 

 

(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, 2019, the aggregate fair value of these securities was $82,321,001, which represented 5.0% 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) 

Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions that are exempt from registration (typically only to qualified institutional buyers) or in a public offering registered under the Securities Act of 1933. At June 30, 2019, the aggregate value of these securities was $14,884,172, representing 0.9% of net assets.

 

(5) 

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

 

(6) 

Share amount represents shares of the issuer previously held that resulted in receipt of the escrow.

 

(7) 

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.

 

 

  46  

 


Hartford Growth Opportunities HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total      Level 1      Level 2      Level 3(1)  

Assets

 

Common Stocks

 

Capital Goods

   $ 54,660,830      $ 54,660,830      $      $  

Commercial & Professional Services

     28,447,277        25,129,713               3,317,564  

Consumer Durables & Apparel

     41,171,058        41,171,058                

Consumer Services

     71,551,877        67,193,408               4,358,469  

Diversified Financials

     50,012,806        50,012,806                

Food, Beverage & Tobacco

     63,548,291        63,548,291                

Health Care Equipment & Services

     168,754,521        168,754,521                

Media & Entertainment

     219,269,269        219,269,269                

Pharmaceuticals, Biotechnology & Life Sciences

     150,979,617        133,933,951        17,045,666         

Real Estate

     16,658,530        15,933,854               724,676  

Retailing

     196,311,788        193,833,460               2,478,328  

Semiconductors & Semiconductor Equipment

     58,180,213        58,180,213                

Software & Services

     357,573,308        357,573,308                

Technology Hardware & Equipment

     29,114,711        29,114,711                

Transportation

     25,071,903        25,071,903                

Preferred Stocks

     67,997,184               29,523,091        38,474,093  

Convertible Preferred Stocks

     3,287,729                      3,287,729  

Escrows

     157,051                      157,051  

Warrants

     574,209        574,209                

Short-Term Investments

     47,093,785        47,093,785                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     1,650,415,957      $     1,551,049,290      $     46,568,757      $     52,797,910  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, investments valued at $34,516,192 were transferred out of Level 3 due to the expiration of trading restrictions and there were no transfers into Level 3.

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, 2019:

 

     Common
Stocks
    Preferred
Stocks
    Convertible
Preferred
Stocks
     Escrows     Total  

Beginning balance

   $ 16,246,182     $ 64,536,973     $ 3,167,321      $ 267,585     $ 84,218,061  

Purchases

                               

Sales

                        (122,815     (122,815

Accrued discounts/(premiums)

                               

Total realized gain/(loss)

                        122,815       122,815  

Net change in unrealized appreciation/depreciation

     1,149,303       1,936,865       120,408            (110,534     3,096,041  

Transfers into Level 3

                               

Transfers out of Level 3

     (6,516,448         (27,999,745                      (34,516,192
  

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

Ending balance

   $     10,879,037     $ 38,474,093     $     3,287,729      $ 157,051     $ 52,797,910  
  

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

The change in net unrealized appreciation/(depreciation) relating to the Level 3 investments held at June 30, 2019 was $3,096,041.

 

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

 

 

  47  

 


Hartford Healthcare HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.7%  
      Biotechnology - 25.1%  
  18,967    

Aimmune Therapeutics, Inc.*

  $ 394,893  
  149,909    

Alder Biopharmaceuticals, Inc.*

    1,764,429  
  122,426    

Alkermes plc*

    2,759,482  
  24,097    

Alnylam Pharmaceuticals, Inc.*

    1,748,478  
  30,415    

Arena Pharmaceuticals, Inc.*

    1,783,231  
  32,920    

Assembly Biosciences, Inc.*

    444,091  
  27,945    

Audentes Therapeutics, Inc.*

    1,057,998  
  22,040    

Bluebird Bio, Inc.*(1)

    2,803,488  
  40,041    

Calithera Biosciences, Inc.*

    156,160  
  11,725    

Clementia Pharmaceuticals, Inc.*(2)(3)

    15,829  
  138,737    

Coherus Biosciences, Inc.*

    3,066,088  
  13,552    

Cyclerion Therapeutics, Inc.*

    155,170  
  61,033    

CytomX Therapeutics, Inc.*

    684,790  
  50,956    

Forty Seven, Inc.*

    540,134  
  64,957    

G1 Therapeutics, Inc.*

    1,991,582  
  12,005    

Galapagos N.V.*

    1,550,487  
  10,437    

Genmab A/S*

    1,919,130  
  36,056    

Genus plc

    1,214,349  
  38,180    

Global Blood Therapeutics, Inc.*

    2,008,268  
  78,462    

GlycoMimetics, Inc.*

    935,267  
  38,856    

Heron Therapeutics, Inc.*

    722,333  
  18,729    

Incyte Corp.*

    1,591,216  
  140,928    

Ironwood Pharmaceuticals, Inc.*

    1,541,752  
  100,473    

Karyopharm Therapeutics, Inc.*

    601,833  
  77,727    

Medicines Co.*

    2,834,704  
  136,251    

Momenta Pharmaceuticals, Inc.*

    1,696,325  
  52,100    

Myovant Sciences Ltd.*

    471,505  
  30,854    

Neon Therapeutics, Inc.*

    146,248  
  17,427    

ObsEva S.A.*

    197,099  
  89,323    

PhaseBio Pharmaceuticals, Inc.*

    1,171,918  
  79,789    

Portola Pharmaceuticals, Inc.*

    2,164,676  
  45,751    

Ra Pharmaceuticals, Inc.*

    1,375,733  
  26,360    

Radius Health, Inc.*

    642,130  
  345,133    

Rigel Pharmaceuticals, Inc.*

    900,797  
  46,887    

Seattle Genetics, Inc.*

    3,245,049  
  129,420    

Syndax Pharmaceuticals, Inc.*

    1,204,900  
  15,193    

Ultragenyx Pharmaceutical, Inc.*

    964,755  
  33,527    

UroGen Pharma Ltd.*(1)

    1,204,960  
  31,338    

Vertex Pharmaceuticals, Inc.*

    5,746,762  
  44,700    

Zai Lab Ltd. ADR*

    1,558,689  
  14,954    

Zealand Pharma A/S ADR*(1)

    322,259  
   

 

 

 
      57,298,987  
   

 

 

 
      Health Care Equipment - 23.4%  
  151,113    

Abbott Laboratories

    12,708,603  
  34,520    

AtriCure, Inc.*

    1,030,077  
  36,327    

Baxter International, Inc.

    2,975,181  
  196,849    

Boston Scientific Corp.*

    8,460,570  
  47,674    

Danaher Corp.

    6,813,568  
  22,866    

Edwards Lifesciences Corp.*

    4,224,265  
  17,458    

Globus Medical, Inc. Class A*

    738,474  
  16,265    

iRhythm Technologies, Inc.*

    1,286,236  
  27,601    

Koninklijke Philips N.V.

    1,199,979  
  81,074    

Medtronic plc

    7,895,797  
  35,308    

NuVasive, Inc.*

    2,066,930  
  67,887    

Smith & Nephew plc

    1,474,140  
  22,337    

Zimmer Biomet Holdings, Inc.

    2,629,958  
   

 

 

 
      53,503,778  
   

 

 

 
      Health Care Facilities - 4.0%  
  57,440    

Acadia Healthcare Co., Inc.*

    2,007,528  
  40,265    

HCA Healthcare, Inc.

    5,442,620  
  58,738    

NMC Health plc(1)

    1,797,131  
   

 

 

 
      9,247,279  
   

 

 

 
Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.7% - (continued)  
      Health Care Services - 0.4%  
  15,696    

Fresenius SE & Co. KGaA

  $ 852,293  
   

 

 

 
      Health Care Supplies - 0.2%  
  3,619    

Alcon, Inc.*

    223,472  
  13,000    

Asahi Intecc Co., Ltd.

    321,348  
   

 

 

 
      544,820  
   

 

 

 
      Health Care Technology - 1.4%  
  59,955    

HMS Holdings Corp.*

    1,941,943  
  17,457    

Teladoc Health, Inc.*(1)

    1,159,319  
   

 

 

 
      3,101,262  
   

 

 

 
      Life Sciences Tools & Services - 6.9%  
  2,800    

Adaptive Biotechnologies Corp.*

    135,240  
  72,100    

Avantor Inc.*

    1,376,389  
  8,950    

Bio-Techne Corp.

    1,865,985  
  142,000    

Frontage Holdings Corp.*(4)

    56,715  
  8,119    

ICON plc*

    1,250,082  
  4,272    

Tecan Group AG

    1,109,467  
  28,821    

Thermo Fisher Scientific, Inc.

    8,464,151  
  186,452    

WuXi AppTec Co., Ltd. Class H(1)(4)

    1,634,979  
   

 

 

 
      15,893,008  
   

 

 

 
      Managed Health Care - 11.9%  
  32,584    

Anthem, Inc.

    9,195,530  
  11,703    

Humana, Inc.

    3,104,806  
  7,922    

Molina Healthcare, Inc.*

    1,133,955  
  42,179    

UnitedHealth Group, Inc.

    10,292,098  
  12,011    

WellCare Health Plans, Inc.*

    3,423,976  
   

 

 

 
      27,150,365  
   

 

 

 
      Pharmaceuticals - 25.4%  
  37,258    

Allergan plc

    6,238,107  
  72,679    

Amneal Pharmaceuticals, Inc.*

    521,108  
  142,316    

AstraZeneca plc ADR

    5,874,805  
  147,300    

Bristol-Myers Squibb Co.

    6,680,055  
  17,275    

Chugai Pharmaceutical Co., Ltd.

    1,131,388  
  33,105    

Daiichi Sankyo Co., Ltd.

    1,736,209  
  37,593    

Dermira, Inc.*

    359,389  
  44,404    

Eisai Co., Ltd.

    2,516,651  
  29,315    

Elanco Animal Health, Inc.*

    990,847  
  50,584    

Eli Lilly & Co.

    5,604,201  
  9,402    

Hikma Pharmaceuticals plc

    205,762  
  18,850    

Hutchison China MediTech Ltd. ADR*

    414,700  
  13,049    

Kala Pharmaceuticals, Inc.*

    83,253  
  27,825    

Laboratorios Farmaceuticos Rovi S.A.

    635,960  
  168,046    

MediWound Ltd.*

    567,996  
  95,798    

Mylan N.V.*

    1,823,994  
  29,383    

MyoKardia, Inc.*

    1,473,264  
  17,317    

Novartis AG

    1,580,899  
  50,905    

Odonate Therapeutics, Inc.*

    1,867,704  
  54,096    

Ono Pharmaceutical Co., Ltd.

    972,634  
  263,525    

Pfizer, Inc.

    11,415,903  
  51,197    

Revance Therapeutics, Inc.*

    664,025  
  14,284    

Takeda Pharmaceutical Co., Ltd.

    508,122  
  67,278    

Teva Pharmaceutical Industries Ltd. ADR*

    620,976  
  27,190    

Tricida, Inc.*

    1,072,917  
  21,338    

UCB S.A.

    1,770,831  
  29,448    

WaVe Life Sciences Ltd.*(1)

    768,298  
   

 

 

 
      58,099,998  
   

 

 

 
 

Total Common Stocks
(cost $193,833,757)

  $ 225,691,790  
   

 

 

 
SHORT-TERM INVESTMENTS - 4.5%  
      Other Investment Pools & Funds - 2.6%  
  5,976,320    

Fidelity Institutional Government Fund, Institutional Class, 2.27%(5)

  $ 5,976,320  
   

 

 

 
 

 

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

 

 

  48  

 


Hartford Healthcare HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
SHORT-TERM INVESTMENTS - 4.5% - (continued)  
      Securities Lending Collateral - 1.9%  
  219,225    

Citibank NA DDCA, 2.36%, 7/1/2019(5)

  $ 219,225  
  1,989,999    

Fidelity Investments Money Market Funds, Government Portfolio, Institutional Class, 2.28%(5)

    1,989,999  
  277,351    

Goldman Sachs Financial Square Funds, Government Fund, Institutional Class, 2.28%(5)

    277,351  
  843,289    

Invesco Government & Agency Portfolio, Institutional Class, 2.25%(5)

    843,289  
  982,931    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 2.29%(5)

    982,931  
  71,712    

Western Asset Institutional Government Reserves Fund, Institutional Class, 2.21%(5)

    71,712  
   

 

 

 
      4,384,507  
   

 

 

 
 

Total Short-Term Investments
(cost $10,360,827)

  $ 10,360,827  
   

 

 

 
 

Total Investments
(cost $204,194,584)

    103.2    $ 236,052,617  
 

Other Assets and Liabilities

    (3.2 )%       (7,409,053
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 228,643,564  
   

 

 

    

 

 

 

 

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. These classifications are used for financial reporting purposes.

 

 

See “Glossary” for abbreviation descriptions.

 

*

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 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, 2019, the aggregate fair value of this security was $15,829, 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.

 

(3) 

Investment valued using significant unobservable inputs.

 

(4) 

Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions that are exempt from registration (typically only to qualified institutional buyers) or in a public offering registered under the Securities Act of 1933. At June 30, 2019, the aggregate value of these securities was $1,691,694, representing 0.7% of net assets.

 

(5) 

Current yield as of period end.

 

 

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

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total      Level 1      Level 2      Level 3(1)  

Assets

 

Common Stocks

 

Biotechnology

   $ 57,298,987      $ 54,518,322      $ 2,764,836      $ 15,829  

Health Care Equipment

     53,503,778        50,829,659        2,674,119         

Health Care Facilities

     9,247,279        7,450,148        1,797,131         

Health Care Services

     852,293               852,293         

Health Care Supplies

     544,820        223,472        321,348         

Health Care Technology

     3,101,262        3,101,262                

Life Sciences Tools & Services

     15,893,008        14,783,541        1,109,467         

Managed Health Care

     27,150,365        27,150,365                

Pharmaceuticals

     58,099,998        47,677,502        10,422,496         

Short-Term Investments

     10,360,827        10,360,827                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     236,052,617      $     216,095,098      $     19,941,690      $     15,829  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, there were no transfers in and out of Level 3.

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, 2019 is not presented.

 

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

 

 

  49  

 


Hartford High Yield HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 0.9%  
      Consumer Services - 0.3%  
    58,800    

Caesars Entertainment Corp.*

  $ 695,016  
     

 

 

 
      Diversified Financials - 0.3%  
    21,000    

OneMain Holdings, Inc.

    710,010  
     

 

 

 
      Energy - 0.3%  
    206,275,142    

KCA Deutag*(1)(2)(3)

    817,675  
     

 

 

 
 

Total Common Stocks
(cost $4,329,363)

  $ 2,222,701  
   

 

 

 
CORPORATE BONDS - 90.4%  
      Advertising - 0.3%  
$     760,000    

Lamar Media Corp. 5.75%, 02/01/2026

  $ 798,950  
     

 

 

 
      Aerospace/Defense - 1.4%  
 

DAE Funding LLC

 

    370,000    

4.50%, 08/01/2022(4)

    375,550  
    760,000    

5.00%, 08/01/2024(4)

    791,350  
    2,205,000    

TransDigm, Inc. 6.25%, 03/15/2026(4)

    2,320,762  
     

 

 

 
    3,487,662  
 

 

 

 
      Airlines - 0.3%  
    680,000    

Bombardier, Inc. 7.88%, 04/15/2027(4)

    680,850  
     

 

 

 
      Auto Parts & Equipment - 0.6%  
EUR     950,000    

Adient Global Holdings Ltd. 3.50%, 08/15/2024(5)

    896,603  
$     200,000    

Adient U.S. LLC 7.00%, 05/15/2026(4)

    205,500  
    385,000    

Panther BF Aggregator 2 L.P. / Panther Finance Co., Inc. 8.50%, 05/15/2027(4)

    396,550  
     

 

 

 
    1,498,653  
 

 

 

 
      Chemicals - 0.9%  
 

CF Industries, Inc.

 

    140,000    

4.95%, 06/01/2043

    125,300  
    767,000    

5.15%, 03/15/2034

    749,742  
    220,000    

5.38%, 03/15/2044

    206,316  
 

Chemours Co.

 

    970,000    

6.63%, 05/15/2023

    1,003,339  
    305,000    

7.00%, 05/15/2025

    318,725  
     

 

 

 
    2,403,422  
 

 

 

 
      Coal - 0.4%  
    1,365,000    

Cloud Peak Energy Resources LLC / Cloud Peak Energy Finance Corp. 12.00%, 11/01/2021(6)

    177,450  
    1,520,000    

Foresight Energy LLC / Foresight Energy Finance Corp. 11.50%, 04/01/2023(4)

    851,200  
     

 

 

 
    1,028,650  
 

 

 

 
      Commercial Banks - 2.9%  
EUR     400,000    

Banco Bilbao Vizcaya Argentaria S.A. 5 year EUR Swap + 9.177%, 8.88%, 04/14/2021(5)(7)(8)

    506,578  
    1,400,000    

Banco de Sabadell S.A. 5 year EUR Swap + 6.414%, 6.50%, 05/18/2022(5)(7)(8)

    1,586,897  
$     1,080,000    

BNP Paribas S.A. 5 year USD Swap + 6.314%, 7.63%, 03/30/2021(4)(7)(8)

    1,143,450  
    690,000    

Credit Agricole S.A. 5 year USD Swap + 4.898%, 7.88%, 01/23/2024(4)(7)(8)

    759,635  
    2,135,000    

Credit Suisse Group AG 5 year USD Swap + 3.455%, 6.25%, 12/18/2024(5)(7)(8)

    2,223,069  
    1,580,000    

Freedom Mortgage Corp. 8.13%, 11/15/2024(4)

    1,343,000  
     

 

 

 
    7,562,629  
 

 

 

 
          Commercial Services - 3.7%  
    324,000    

ACE Cash Express, Inc. 12.00%, 12/15/2022(4)

    288,360  
   

APX Group, Inc.

 

    995,000    

7.63%, 09/01/2023

    800,975  
    860,000    

7.88%, 12/01/2022

    824,525  
    985,000    

Avis Budget Car Rental LLC / Avis Budget Finance, Inc. 5.50%, 04/01/2023

    1,005,931  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 90.4% - (continued)  
          Commercial Services - 3.7% - (continued)  
$     1,344,000    

Brand Industrial Services, Inc. 8.50%, 07/15/2025(4)

  $ 1,218,000  
    520,000    

Garda World Security Corp. 8.75%, 05/15/2025(4)

    513,500  
    1,240,000    

Herc Holdings, Inc. 5.50%, 07/15/2027(4)

    1,247,750  
   

Herc Rentals, Inc.

 

    665,000    

7.50%, 06/01/2022(4)

    690,603  
    1,184,000    

7.75%, 06/01/2024(4)

    1,254,093  
   

Service Corp. International

 

    385,000    

4.63%, 12/15/2027

    393,181  
    270,000    

5.13%, 06/01/2029

    284,175  
   

United Rentals North America, Inc.

 

    440,000    

4.63%, 10/15/2025

    447,150  
    555,000    

5.88%, 09/15/2026

    591,075  
     

 

 

 
        9,559,318  
     

 

 

 
          Construction Materials - 0.9%  
    615,000    

Norbord, Inc. 5.75%, 07/15/2027(4)

    618,844  
    1,605,000    

Standard Industries, Inc. 5.38%, 11/15/2024(4)

    1,661,175  
     

 

 

 
        2,280,019  
     

 

 

 
          Distribution/Wholesale - 0.2%  
    465,000    

IAA, Inc. 5.50%, 06/15/2027(4)

    483,600  
     

 

 

 
          Diversified Financial Services - 4.7%  
    1,145,000    

Ally Financial, Inc. 3.88%, 05/21/2024

    1,172,194  
    655,000    

Credit Acceptance Corp. 6.63%, 03/15/2026(4)

    688,569  
    620,000    

Fly Leasing Ltd. 5.25%, 10/15/2024

    632,400  
    1,370,000    

goeasy Ltd. 7.88%, 11/01/2022(4)

    1,435,075  
   

Navient Corp.

 

    365,000    

5.63%, 08/01/2033

    303,862  
    1,316,000    

5.88%, 10/25/2024

    1,330,805  
    240,000    

6.13%, 03/25/2024

    246,000  
    815,000    

6.50%, 06/15/2022

    865,726  
    197,000    

7.25%, 09/25/2023

    210,297  
   

Springleaf Finance Corp.

 

    445,000    

6.13%, 03/15/2024

    478,375  
    410,000    

6.88%, 03/15/2025

    448,942  
    140,000    

7.13%, 03/15/2026

    153,388  
    675,000    

7.75%, 10/01/2021

    738,281  
    1,730,000    

8.25%, 12/15/2020

    1,857,587  
    720,000    

Tempo Acquisition LLC / Tempo Acquisition Finance Corp. 6.75%, 06/01/2025(4)

    741,600  
    685,000    

Vantiv LLC / Vantiv Issuer Corp. 4.38%, 11/15/2025(4)

    711,544  
     

 

 

 
        12,014,645  
     

 

 

 
      Electric - 1.1%  
    2,220,000    

AES Corp. 5.13%, 09/01/2027

    2,342,100  
    415,000    

NextEra Energy Operating Partners L.P. 4.25%, 07/15/2024(4)

    417,602  
     

 

 

 
    2,759,702  
 

 

 

 
      Entertainment - 2.9%  
    1,150,000    

Caesars Resort Collection LLC / CRC Finco, Inc. 5.25%, 10/15/2025(4)

    1,153,594  
 

Eldorado Resorts, Inc.

 

    1,350,000    

6.00%, 04/01/2025

    1,419,187  
    195,000    

6.00%, 09/15/2026

    213,038  
    650,000    

Golden Entertainment, Inc. 7.63%, 04/15/2026(4)

    664,625  
    1,655,000    

Jacobs Entertainment, Inc. 7.88%, 02/01/2024(4)

    1,766,712  
    1,880,000    

Penn National Gaming, Inc. 5.63%, 01/15/2027(4)

    1,856,500  
    325,000    

WMG Acquisition Corp. 5.00%, 08/01/2023(4)

    331,500  
     

 

 

 
    7,405,156  
 

 

 

 
      Environmental Control - 1.7%  
 

Clean Harbors, Inc.

 

    984,000    

4.88%, 07/15/2027(4)

    1,000,088  
    442,000    

5.13%, 07/15/2029(4)

    450,840  
 

 

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

 

 

  50  

 


Hartford High Yield HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 90.4% - (continued)  
      Environmental Control - 1.7% - (continued)  
$     745,000    

Stericycle, Inc. 5.38%, 07/15/2024(4)

  $ 777,683  
    2,107,000    

Tervita Escrow Corp. 7.63%, 12/01/2021(4)

    2,143,262  
     

 

 

 
    4,371,873  
 

 

 

 
      Food - 2.1%  
 

Post Holdings, Inc.

 

    1,705,000    

5.00%, 08/15/2026(4)

    1,728,444  
    1,151,000    

5.63%, 01/15/2028(4)

    1,182,652  
    660,000    

5.75%, 03/01/2027(4)

    681,450  
    1,665,000    

TreeHouse Foods, Inc. 4.88%, 03/15/2022

    1,675,406  
     

 

 

 
    5,267,952  
 

 

 

 
      Gas - 0.8%  
 

AmeriGas Partners L.P. / AmeriGas Finance Corp.

 

    307,000    

5.50%, 05/20/2025

    323,118  
    364,000    

5.75%, 05/20/2027

    382,200  
    1,219,000    

5.88%, 08/20/2026

    1,292,140  
     

 

 

 
    1,997,458  
 

 

 

 
      Healthcare - Products - 1.6%  
    2,380,000    

Avantor, Inc. 6.00%, 10/01/2024(4)

    2,532,320  
    1,435,000    

Sotera Health Holdings LLC 6.50%, 05/15/2023(4)

    1,452,937  
     

 

 

 
    3,985,257  
 

 

 

 
      Healthcare - Services - 3.7%  
    195,000    

Catalent Pharma Solutions, Inc. 5.00%, 07/15/2027(4)

    198,413  
    700,000    

CHS/Community Health Systems, Inc. 8.13%, 06/30/2024(4)

    523,250  
    1,835,000    

HCA Healthcare, Inc. 6.25%, 02/15/2021

    1,922,162  
 

HCA, Inc.

 

    670,000    

5.25%, 06/15/2026

    741,830  
    1,085,000    

5.38%, 02/01/2025

    1,171,122  
    1,430,000    

5.38%, 09/01/2026

    1,540,825  
    130,000    

5.63%, 09/01/2028

    140,725  
    105,000    

5.88%, 02/01/2029

    115,106  
    1,124,000    

7.50%, 11/15/2095

    1,185,820  
    2,055,000    

West Street Merger Sub, Inc. 6.38%, 09/01/2025(4)

    1,900,875  
     

 

 

 
    9,440,128  
 

 

 

 
      Home Builders - 2.2%  
    370,000    

Beazer Homes USA, Inc. 5.88%, 10/15/2027

    320,864  
    1,310,000    

KB Home 8.00%, 03/15/2020

    1,352,837  
 

M/I Homes, Inc.

 

    150,000    

5.63%, 08/01/2025

    152,250  
    2,115,000    

6.75%, 01/15/2021

    2,149,369  
    1,690,000    

Taylor Morrison Communities, Inc. 6.63%, 05/15/2022

    1,747,037  
     

 

 

 
    5,722,357  
 

 

 

 
      Household Products - 0.6%  
    2,400,000    

Revlon Consumer Products Corp. 6.25%, 08/01/2024

    1,644,000  
     

 

 

 
      Household Products/Wares - 0.5%  
EUR     1,320,000    

Diamond (BC) B.V. 5.63%, 08/15/2025(5)

    1,245,807  
     

 

 

 
      Insurance - 1.3%  
$     1,450,000    

Acrisure LLC / Acrisure Finance, Inc. 8.13%, 02/15/2024(4)

    1,497,125  
    410,000    

CNO Financial Group, Inc. 5.25%, 05/30/2029

    443,825  
 

Genworth Holdings, Inc.

 

    110,000    

4.80%, 02/15/2024

    93,500  
    770,000    

4.90%, 08/15/2023

    662,200  
    440,000    

7.20%, 02/15/2021

    431,200  
    245,000    

7.63%, 09/24/2021

    240,100  
    35,000    

7.70%, 06/15/2020

    35,087  
     

 

 

 
    3,403,037  
 

 

 

 
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 90.4% - (continued)  
      Iron/Steel - 0.5%  
 

Steel Dynamics, Inc.

 

$     230,000    

4.13%, 09/15/2025

  $ 228,850  
    1,130,000    

5.50%, 10/01/2024

    1,170,963  
     

 

 

 
    1,399,813  
 

 

 

 
      Lodging - 4.4%  
 

Boyd Gaming Corp.

 

    790,000    

6.00%, 08/15/2026

    830,488  
    920,000    

6.38%, 04/01/2026

    973,250  
    1,935,000    

FelCor Lodging L.P. 6.00%, 06/01/2025

    2,039,006  
    1,587,000    

Hilton Domestic Operating Co., Inc. 4.25%, 09/01/2024

    1,610,805  
    1,630,000    

Jack Ohio Finance LLC / Jack Ohio Finance Corp. 6.75%, 11/15/2021(4)

    1,674,336  
    615,000    

MGM Resorts International 5.50%, 04/15/2027

    644,981  
    660,000    

Station Casinos LLC 5.00%, 10/01/2025(4)

    661,650  
    1,585,000    

Sugarhouse HSP Gaming Prop Mezz L.P. / Sugarhouse HSP Gaming Finance Corp. 5.88%, 05/15/2025(4)

    1,561,225  
    1,280,000    

Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp. 5.50%, 03/01/2025(4)

    1,321,984  
     

 

 

 
    11,317,725  
 

 

 

 
      Machinery - Diversified - 0.5%  
    1,165,000    

Cloud Crane LLC 10.13%, 08/01/2024(4)

    1,252,375  
     

 

 

 
      Media - 11.7%  
 

Altice France S.A.

 

    2,370,000    

7.38%, 05/01/2026(4)

    2,429,250  
    1,040,000    

8.13%, 02/01/2027(4)

    1,092,000  
 

Altice Luxembourg S.A.

 

    1,000,000    

7.63%, 02/15/2025(4)

    940,625  
EUR     645,000    

8.00%, 05/15/2027(5)

    745,783  
 

CCO Holdings LLC / CCO Holdings Capital Corp.

 

$     120,000    

5.13%, 02/15/2023

    121,896  
    245,000    

5.13%, 05/01/2023(4)

    250,130  
    95,000    

5.25%, 09/30/2022

    96,435  
    545,000    

5.75%, 09/01/2023

    557,088  
    105,000    

5.75%, 01/15/2024

    107,349  
    3,000,000    

5.75%, 02/15/2026(4)

    3,146,250  
 

CSC Holdings LLC

 

    1,775,000    

5.13%, 12/15/2021(4)

    1,775,000  
    1,195,000    

5.25%, 06/01/2024

    1,241,306  
    585,000    

5.50%, 04/15/2027(4)

    614,250  
    1,490,000    

6.50%, 02/01/2029(4)

    1,625,962  
 

DISH DBS Corp.

 

    285,000    

5.00%, 03/15/2023

    275,381  
    595,000    

5.88%, 07/15/2022

    603,925  
    435,000    

5.88%, 11/15/2024

    411,619  
    945,000    

6.75%, 06/01/2021

    991,069  
    556,000    

7.88%, 09/01/2019

    558,085  
 

Gray Television, Inc.

 

    1,255,000    

5.13%, 10/15/2024(4)

    1,278,531  
    380,000    

5.88%, 07/15/2026(4)

    394,250  
    273,000    

Liberty Interactive LLC 8.25%, 02/01/2030

    272,318  
 

Sinclair Television Group, Inc.

 

    520,000    

5.13%, 02/15/2027(4)

    509,600  
    270,000    

5.63%, 08/01/2024(4)

    276,075  
    1,055,000    

5.88%, 03/15/2026(4)

    1,078,421  
 

Sirius XM Radio, Inc.

 

    520,000    

4.63%, 07/15/2024(4)

    532,106  
    1,120,000    

5.50%, 07/01/2029(4)

    1,148,224  
 

TEGNA, Inc.

 

    1,515,000    

4.88%, 09/15/2021(4)

    1,518,787  
    1,528,000    

5.13%, 10/15/2019

    1,529,910  
    1,565,000    

Tribune Media Co. 5.88%, 07/15/2022

    1,592,231  
    817,000    

WMG Acquisition Corp. 5.50%, 04/15/2026(4)

    843,471  
 

 

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

 

 

  51  

 


Hartford High Yield HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 90.4% - (continued)  
      Media - 11.7% - (continued)  
$     1,328,000    

Ziggo B.V. 5.50%, 01/15/2027(4)

  $ 1,350,855  
     

 

 

 
    29,908,182  
 

 

 

 
      Metal Fabricate/Hardware - 0.7%  
 

Novelis Corp.

 

    605,000    

5.88%, 09/30/2026(4)

    612,562  
    1,115,000    

6.25%, 08/15/2024(4)

    1,169,033  
     

 

 

 
    1,781,595  
 

 

 

 
      Mining - 0.2%  
    520,000    

Constellium N.V. 5.88%, 02/15/2026(4)

    534,300  
     

 

 

 
      Miscellaneous Manufacturing - 0.7%  
    1,785,000    

Bombardier, Inc. 6.13%, 01/15/2023(4)

    1,809,544  
     

 

 

 
      Office/Business Equipment - 1.1%  
 

Pitney Bowes, Inc.

 

    280,000    

4.63%, 03/15/2024

    252,700  
    880,000    

4.70%, 04/01/2023

    829,400  
    1,600,000    

Xerox Corp. 4.13%, 03/15/2023

    1,628,656  
     

 

 

 
    2,710,756  
 

 

 

 
      Oil & Gas - 8.8%  
    2,260,000    

Blue Racer Midstream LLC / Blue Racer Finance Corp. 6.13%, 11/15/2022(4)

    2,291,075  
    875,000    

California Resources Corp. 8.00%, 12/15/2022(4)

    659,531  
    725,000    

Centennial Resource Production LLC 5.38%, 01/15/2026(4)

    688,750  
 

Chesapeake Energy Corp.

 

    1,435,000    

7.00%, 10/01/2024

    1,287,913  
    915,000    

7.50%, 10/01/2026

    814,350  
    1,000,000    

8.00%, 06/15/2027

    881,250  
    1,430,000    

Energen Corp. 4.63%, 09/01/2021

    1,444,300  
    220,000    

EP Energy LLC / Everest Acquisition Finance, Inc. 7.75%, 05/15/2026(4)

    196,350  
    1,355,000    

Jagged Peak Energy LLC 5.88%, 05/01/2026

    1,334,675  
    1,120,000    

Matador Resources Co. 5.88%, 09/15/2026

    1,131,200  
 

MEG Energy Corp.

 

    220,000    

6.38%, 01/30/2023(4)

    209,550  
    1,090,000    

6.50%, 01/15/2025(4)

    1,095,450  
    685,000    

7.00%, 03/31/2024(4)

    650,750  
 

QEP Resources, Inc.

 

    1,895,000    

5.25%, 05/01/2023

    1,823,937  
    205,000    

5.38%, 10/01/2022

    199,363  
    150,000    

5.63%, 03/01/2026

    141,000  
    245,000    

6.80%, 03/01/2020

    246,531  
 

SM Energy Co.

 

    1,680,000    

5.00%, 01/15/2024

    1,541,400  
    275,000    

5.63%, 06/01/2025

    250,250  
    240,000    

6.13%, 11/15/2022

    238,200  
    420,000    

6.63%, 01/15/2027

    388,500  
    1,110,000    

Sunoco L.P. / Sunoco Finance Corp. 6.00%, 04/15/2027(4)

    1,165,500  
    1,975,000    

Vine Oil & Gas L.P. / Vine Oil & Gas Finance Corp. 8.75%, 04/15/2023(4)

    1,283,750  
 

WPX Energy, Inc.

 

    1,470,000    

5.25%, 09/15/2024

    1,508,587  
    270,000    

5.75%, 06/01/2026

    280,463  
    384,000    

6.00%, 01/15/2022

    400,320  
    295,000    

8.25%, 08/01/2023

    336,300  
     

 

 

 
    22,489,245  
 

 

 

 
      Packaging & Containers - 4.1%  
    1,700,000    

ARD Finance S.A. (PIK 7.88%) 7.13%, 09/15/2023(9)

    1,738,250  
 

Ardagh Packaging Finance plc / Ardagh Holdings USA, Inc.

 

    340,000    

6.00%, 02/15/2025(4)

    352,325  
    305,000    

7.25%, 05/15/2024(4)

    321,394  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 90.4% - (continued)  
      Packaging & Containers - 4.1% - (continued)  
$     1,265,000    

Berry Global, Inc. 6.00%, 10/15/2022

  $ 1,290,300  
    1,015,000    

Crown Americas LLC / Crown Americas Capital Corp. 4.75%, 02/01/2026

    1,042,912  
 

Flex Acquisition Co., Inc.

 

    1,875,000    

6.88%, 01/15/2025(4)

    1,696,875  
    575,000    

7.88%, 07/15/2026(4)

    530,438  
    535,000    

OI European Group B.V. 4.00%, 03/15/2023(4)

    537,675  
 

Reynolds Group Issuer, Inc. / Reynolds Group Issuer LLC / Reynolds Group Issuer Lu

 
    2,070,000    

5.13%, 07/15/2023(4)

    2,108,812  
    805,000    

7.00%, 07/15/2024(4)

    832,386  
     

 

 

 
    10,451,367  
 

 

 

 
          Pharmaceuticals - 2.3%  
   

Bausch Health Cos., Inc.

 

    690,000    

5.50%, 03/01/2023(4)

    695,520  
    1,593,000    

5.88%, 05/15/2023(4)

    1,611,511  
    700,000    

6.13%, 04/15/2025(4)

    714,854  
    280,000    

Catalent Pharma Solutions, Inc. 4.88%, 01/15/2026(4)

    283,850  
    1,000,000    

Endo Dac / Endo Finance LLC / Endo Finco, Inc. 6.00%, 02/01/2025(4)

    670,000  
    910,000    

Teva Pharmaceutical Finance LLC 2.25%, 03/18/2020

    902,037  
   

Teva Pharmaceutical Finance Netherlands B.V.

 

    620,000    

3.15%, 10/01/2026

    480,500  
    640,000    

6.75%, 03/01/2028

    588,400  
     

 

 

 
        5,946,672  
     

 

 

 
          Pipelines - 3.4%  
    1,080,000    

Cheniere Corpus Christi Holdings LLC 5.13%, 06/30/2027

    1,173,150  
    1,660,000    

DCP Midstream Operating L.P. 5.38%, 07/15/2025

    1,749,225  
   

Energy Transfer Operating L.P.

 

    230,000    

4.25%, 03/15/2023

    240,101  
    1,773,000    

7.50%, 10/15/2020

    1,880,638  
    950,000    

Tallgrass Energy Partners L.P. / Tallgrass Energy Finance Corp. 4.75%, 10/01/2023(4)

    963,082  
    2,570,000    

Targa Resources Partners L.P. / Targa Resources Partners Finance Corp. 6.50%, 07/15/2027(4)

    2,804,512  
     

 

 

 
        8,810,708  
     

 

 

 
          Retail - 3.5%  
    2,885,000    

1011778 BC ULC / New Red Finance, Inc. 5.00%, 10/15/2025(4)

    2,907,503  
    895,000    

Beacon Roofing Supply, Inc. 4.88%, 11/01/2025(4)

    886,050  
   

KFC Holding Co. / Pizza Hut Holdings LLC / Taco Bell of America LLC

 
    320,000    

4.75%, 06/01/2027(4)

    328,000  
    536,000    

5.25%, 06/01/2026(4)

    562,125  
   

L Brands, Inc.

 

    1,170,000    

5.25%, 02/01/2028

    1,072,012  
    185,000    

6.75%, 07/01/2036

    159,100  
    85,000    

6.88%, 11/01/2035

    75,596  
    965,000    

PetSmart, Inc. 5.88%, 06/01/2025(4)

    936,050  
    2,140,000    

United Rentals North America, Inc. 4.88%, 01/15/2028

    2,182,800  
     

 

 

 
        9,109,236  
     

 

 

 
          Semiconductors - 2.7%  
    1,120,000    

Entegris, Inc. 4.63%, 02/10/2026(4)

    1,128,400  
   

Micron Technology, Inc.

 

    185,000    

4.64%, 02/06/2024

    192,911  
    910,000    

4.98%, 02/06/2026

    956,379  
    955,000    

5.50%, 02/01/2025

    982,456  
    1,400,000    

Qorvo, Inc. 5.50%, 07/15/2026

    1,481,620  
 

 

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

 

 

  52  

 


Hartford High Yield HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 90.4% - (continued)  
          Semiconductors - 2.7% - (continued)  
   

Sensata Technologies B.V.

 

$     1,221,000    

5.00%, 10/01/2025(4)

  $ 1,272,893  
    900,000    

5.63%, 11/01/2024(4)

    969,750  
     

 

 

 
        6,984,409  
     

 

 

 
      Software - 3.5%  
    595,000    

CDK Global, Inc. 5.25%, 05/15/2029(4)

    616,569  
    980,000    

Change Healthcare Holdings LLC / Change Healthcare Finance, Inc. 5.75%, 03/01/2025(4)

    994,700  
 

First Data Corp.

 

    1,425,000    

5.38%, 08/15/2023(4)

    1,450,650  
    991,000    

5.75%, 01/15/2024(4)

    1,018,872  
    2,075,000    

Infor U.S., Inc. 6.50%, 05/15/2022

    2,111,520  
    680,000    

IQVIA, Inc. 5.00%, 05/15/2027(4)

    702,100  
    1,370,000    

SS&C Technologies, Inc. 5.50%, 09/30/2027(4)

    1,421,375  
    548,000    

Western Digital Corp. 4.75%, 02/15/2026

    537,615  
     

 

 

 
    8,853,401  
 

 

 

 
      Telecommunications - 6.4%  
 

Altice Financing S.A.

 

    380,000    

6.63%, 02/15/2023(4)

    389,500  
    1,725,000    

7.50%, 05/15/2026(4)

    1,733,798  
 

CenturyLink, Inc.

 

    2,144,000    

5.63%, 04/01/2025

    2,186,880  
    466,000    

7.50%, 04/01/2024

    515,513  
    1,010,000    

Embarq Corp. 8.00%, 06/01/2036

    977,498  
 

Frontier Communications Corp.

 

    1,120,000    

6.88%, 01/15/2025

    627,200  
    1,395,000    

8.50%, 04/01/2026(4)

    1,353,150  
    1,390,000    

Intelsat Jackson Holdings S.A. 8.50%, 10/15/2024(4)

    1,376,100  
    285,000    

Sprint Capital Corp. 8.75%, 03/15/2032

    329,888  
 

Sprint Corp.

 

    2,495,000    

7.25%, 09/15/2021

    2,650,937  
    10,000    

7.63%, 02/15/2025

    10,650  
    2,694,000    

7.88%, 09/15/2023

    2,926,357  
    480,000    

Telecom Italia Capital S.A. 7.20%, 07/18/2036

    529,200  
    725,000    

Telecom Italia S.p.A. 5.30%, 05/30/2024(4)

    750,375  
     

 

 

 
    16,357,046  
 

 

 

 
      Toys/Games/Hobbies - 0.5%  
    1,250,000    

Mattel, Inc. 6.75%, 12/31/2025(4)

    1,285,938  
     

 

 

 
      Trucking & Leasing - 0.6%  
 

Avolon Holdings Funding Ltd.

 

    335,000    

3.95%, 07/01/2024(4)

    343,234  
    140,000    

4.38%, 05/01/2026(4)

    144,088  
    945,000    

5.25%, 05/15/2024(4)

    1,009,629  
     

 

 

 
    1,496,951  
 

 

 

 
 

Total Corporate Bonds
(cost $230,046,516)

  $ 231,540,388  
   

 

 

 
SENIOR FLOATING RATE INTERESTS - 5.8%(10)  
      Auto Parts & Equipment - 0.3%  
    790,000    

Panther BF Aggregator 2 L.P. 1 mo. USD LIBOR + 3.500%, 5.90%, 04/30/2026

  $ 783,585  
     

 

 

 
      Commercial Services - 1.2%  
    762,300    

Blackhawk Network Holdings, Inc. 1 mo. USD LIBOR + 3.000%, 5.40%, 06/15/2025

    755,790  
    1,570,000    

Dun & Bradstreet Corp. 1 mo. USD LIBOR + 5.000%, 7.40%, 02/06/2026

    1,569,513  
    643,500    

Trans Union LLC 1 mo. USD LIBOR + 2.000%, 4.40%, 06/19/2025

    641,409  
     

 

 

 
    2,966,712  
 

 

 

 
Shares or Principal Amount   Market Value  
SENIOR FLOATING RATE INTERESTS - 5.8%(10) - (continued)  
      Diversified Financial Services - 0.3%  
$     711,105    

Crown Finance U.S., Inc. 1 mo. USD LIBOR + 2.500%, 4.65%, 02/28/2025

  $ 698,881  
     

 

 

 
      Food - 0.1%  
    247,500    

CHG PPC Parent LLC 1 mo. USD LIBOR + 2.750%, 5.15%, 03/31/2025

    245,181  
     

 

 

 
      Gas - 0.1%  
    274,313    

Messer Industries GmbH 1 mo. USD LIBOR + 2.500%, 4.83%, 03/01/2026

    270,371  
     

 

 

 
      Healthcare - Services - 0.3%  
    726,915    

Syneos Health, Inc. 1 mo. USD LIBOR + 2.000%, 4.40%, 08/01/2024

    724,189  
     

 

 

 
      Household Products - 0.2%  
    472,800    

Diamond (BC) B.V. 2 mo. USD LIBOR + 3.000%, 5.58%, 09/06/2024

    414,882  
     

 

 

 
      Insurance - 1.0%  
    1,767,150    

Asurion LLC 1 mo. USD LIBOR + 3.000%, 5.40%, 11/03/2024

    1,762,732  
    178,200    

Genworth Holdings, Inc. 1 mo. USD LIBOR + 4.500%, 6.99%, 03/07/2023

    179,426  
    782,100    

Hub International Ltd. 2 mo. USD LIBOR + 3.000%, 5.59%, 04/25/2025

    761,922  
     

 

 

 
    2,704,080  
 

 

 

 
      Internet - 0.3%  
    748,903    

Lands’ End, Inc. 1 mo. USD LIBOR + 3.250%, 5.65%, 04/04/2021

    731,431  
     

 

 

 
      Leisure Time - 0.7%  
    1,901,050    

Golden Entertainment, Inc. 1 mo. USD LIBOR + 3.000%, 5.41%, 10/21/2024

    1,891,545  
     

 

 

 
      Media - 0.9%  
    1,412,125    

PSAV Holdings LLC 3 mo. USD LIBOR + 3.250%, 5.67%, 03/01/2025

    1,370,199  
    1,018,400    

Shutterfly, Inc. 1 mo. USD LIBOR + 2.500%, 4.91%, 08/17/2024

    1,017,637  
     

 

 

 
    2,387,836  
 

 

 

 
      Semiconductors - 0.1%  
    365,056    

Microchip Technology, Inc. 1 mo. USD LIBOR + 2.000%, 4.41%, 05/29/2025

    362,661  
     

 

 

 
      Software - 0.3%  
    218,575    

SS&C Technologies Holdings Europe S.a.r.l. 1 mo. USD LIBOR + 2.250%, 4.65%, 04/16/2025

    217,591  
    482,466    

SS&C Technologies, Inc. 1 mo. USD LIBOR + 2.250%, 4.65%, 04/16/2025

    480,371  
     

 

 

 
    697,962  
 

 

 

 
 

Total Senior Floating Rate Interests
(cost $15,023,143)

  $ 14,879,316  
   

 

 

 
CONVERTIBLE BONDS - 0.6%  
      Commercial Services - 0.2%  
$     690,000    

Cardtronics, Inc. 1.00%, 12/01/2020

  $ 668,959  
     

 

 

 
      Software - 0.4%  
    1,052,000    

Western Digital Corp. 1.50%, 02/01/2024(4)

    944,728  
     

 

 

 
 

Total Convertible Bonds
(cost $1,787,139)

  $ 1,613,687  
   

 

 

 
ESCROWS - 0.4%(11)  
          Energy - Alternate Sources - 0.0%  
    4,525,000    

TCEH Corp.*(1)(2)

  $ 5  
     

 

 

 
          Media - 0.3%  
    775,000    

Nexstar Escrow, Inc. 5.63%, 07/15/2027(4)

    793,406  
     

 

 

 
 

 

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

 

 

  53  

 


Hartford High Yield HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ESCROWS - 0.4%(11) - (continued)  
          Packaging & Containers - 0.1%  
$     305,000    

Berry Global Escrow Corp. 5.63%, 07/15/2027(4)

  $ 317,200  
     

 

 

 
   

Total Escrows
(cost $1,080,000)

  $ 1,110,611  
     

 

 

 
   

Total Long-Term Investments
(cost $252,266,161)

  $ 251,366,703  
     

 

 

 
SHORT-TERM INVESTMENTS - 2.1%  
          Other Investment Pools & Funds - 2.1%  
    5,513,472    

Fidelity Institutional Government Fund, Institutional Class, 2.27%(12)

  $ 5,513,472  
     

 

 

 
   

Total Short-Term Investments
(cost $5,513,472)

  $ 5,513,472  
     

 

 

 
   

Total Investments
(cost $257,779,633)

    100.2    $ 256,880,175  
   

Other Assets and Liabilities

    (0.2 )%       (601,982
     

 

 

    

 

 

 
   

Total Net Assets

    100.0    $ 256,278,193  
     

 

 

    

 

 

 

 

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. These classifications are used for financial reporting purposes.

 

    

See “Glossary” for abbreviation descriptions.

 

*

Non-income producing.

 

(1) 

Investment valued using significant unobservable inputs.

 

(2) 

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, 2019, the aggregate fair value of these securities was $817,680, 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.

(3) 

Investment in securities not registered under the Securities Act of 1933 (excluding securities acquired pursuant to Rule 144A and Regulation S). At the end of the period, the value of such restricted securities amounted to $817,675 or 0.3% of net assets.

 

Period
Acquired
    

Security Name

   Shares/
Par Value
     Base
Total Cost
     Base
Market Value
 
  03/2011      KCA Deutag      206,275,142      $     2,795,441      $     817,675  

 

(4) 

Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions that are exempt from registration (typically only to qualified institutional buyers) or in a public offering registered under the Securities Act of 1933. At June 30, 2019, the aggregate value of these securities was $122,081,351, representing 47.6% of net assets.

 

(5) 

Security is exempt from registration under Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the United States. Security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. At June 30, 2019, the aggregate value of these securities was $7,204,737, representing 2.8% of net assets.

 

(6) 

Non-income producing. For long-term debt securities, items identified are in default as to payment of interest and/or principal.

 

(7) 

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

 

(8) 

Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2019.

 

(9) 

Security has the ability to pay in kind (“PIK”) or pay income in cash. When applicable, separate rates of such payments are disclosed.

 

(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, 2019.

 

(11) 

Share amount represents shares of the issuer previously held that resulted in receipt of the escrow.

 

(12) 

Current yield as of period end.

 
Foreign Currency Contracts Outstanding at June 30, 2019  
Amount and Description of
Currency to be Purchased
   Amount and Description of
Currency to be Sold
   Counterparty    Settlement
Date
    Appreciation     Depreciation  
  4,957,928      USD      4,339,000      EUR    GSC      07/31/19     $     11,380     $     —  
                

 

 

   

 

 

 

 

 

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.

 

 

  54  

 


Hartford High Yield HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total      Level 1      Level 2      Level 3(1)  

Assets

 

Common Stocks

 

Consumer Services

   $ 695,016      $ 695,016      $      $  

Diversified Financials

     710,010        710,010                

Energy

     817,675                      817,675  

Corporate Bonds

     231,540,388               231,540,388         

Senior Floating Rate Interests

     14,879,316               14,879,316         

Convertible Bonds

     1,613,687               1,613,687         

Escrows

     1,110,611               1,110,606        5  

Short-Term Investments

     5,513,472        5,513,472                

Foreign Currency Contracts(2)

     11,380               11,380         
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     256,891,555      $     6,918,498      $     249,155,377      $     817,680  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, there were no transfers in and out of Level 3.

 

(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, 2019 is not presented.

 

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

 

 

  55  

 


Hartford International Opportunities HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 96.8%  
      Brazil - 1.3%  
  643,863    

Banco Bradesco S.A. ADR

  $ 6,322,735  
  405,450    

Banco do Brasil S.A.

    5,695,380  
  65,750    

Magazine Luiza S.A.

    3,614,927  
   

 

 

 
      15,633,042  
   

 

 

 
      Canada - 5.4%  
  273,878    

Canadian National Railway Co.

    25,347,649  
  438,469    

Dollarama, Inc.

    15,425,350  
  1,257,780    

Encana Corp.

    6,454,340  
  46,900    

Intact Financial Corp.

    4,334,190  
  305,687    

TC Energy Corp.

    15,154,213  
   

 

 

 
      66,715,742  
   

 

 

 
      China - 11.5%  
  116,153    

58.com, Inc. ADR*

    7,221,232  
  91,609    

Alibaba Group Holding Ltd. ADR*

    15,523,145  
  744,679    

China National Accord Medicines Corp. Ltd. Class A

    4,539,649  
  80,671,726    

China Tower Corp. Ltd. Class H(1)

    21,190,215  
  1,374,356    

ENN Energy Holdings Ltd.

    13,374,674  
  713,145    

Geely Automobile Holdings Ltd.

    1,219,660  
  1,323,000    

Great Wall Motor Co., Ltd. Class H

    947,914  
  512,000    

Guangzhou Automobile Group Co., Ltd. Class H

    547,058  
  458,847    

Hangzhou Tigermed Consulting Co., Ltd. Class A

    5,154,664  
  1,968,420    

Kingdee International Software Group Co., Ltd.(2)

    2,132,359  
  129,890    

New Oriental Education & Technology Group, Inc. ADR*

    12,544,776  
  1,544,500    

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

    18,572,416  
  785,934    

Tencent Holdings Ltd.

    35,555,173  
  321,840    

WuXi AppTec Co., Ltd. Class H(1)(2)

    2,822,182  
   

 

 

 
      141,345,117  
   

 

 

 
      Denmark - 0.9%  
  109,504    

DSV A/S

    10,782,851  
   

 

 

 
      Finland - 0.3%  
  102,325    

Neste Oyj

    3,478,788  
   

 

 

 
      France - 11.0%  
  157,320    

Airbus SE

    22,264,174  
  540,949    

AXA S.A.

    14,206,244  
  155,781    

Capgemini SE

    19,368,731  
  29,196    

LVMH Moet Hennessy Louis Vuitton SE

    12,411,962  
  188,524    

Safran S.A.

    27,579,510  
  559,836    

TOTAL S.A.

    31,403,304  
  266,558    

Valeo S.A.(2)

    8,678,043  
   

 

 

 
      135,911,968  
   

 

 

 
      Germany - 8.9%  
  50,116    

adidas AG

    15,504,391  
  89,178    

Allianz SE

    21,507,605  
  163,436    

Beiersdorf AG

    19,596,967  
  1,752,038    

E.ON SE

    19,009,813  
  115,845    

Siemens AG

    13,791,965  
  314,114    

Vonovia SE

    15,005,167  
  134,517    

Zalando SE*(1)

    5,955,962  
   

 

 

 
      110,371,870  
   

 

 

 
      Hong Kong - 1.9%  
  1,458,350    

AIA Group Ltd.

    15,748,574  
  202,100    

Hong Kong Exchanges & Clearing Ltd.

    7,142,231  
   

 

 

 
      22,890,805  
   

 

 

 
      India - 2.3%  
  593,385    

HDFC Bank Ltd.

    21,018,417  
  537,248    

ICICI Bank Ltd.

    3,401,184  
  1,489,201    

Power Grid Corp. of India Ltd.

    4,464,491  
   

 

 

 
      28,884,092  
   

 

 

 
Shares or Principal Amount   Market Value  
COMMON STOCKS - 96.8% - (continued)  
      Italy - 2.8%  
  112,712    

Banca Generali S.p.A.

  $ 3,245,491  
  109,755    

Ferrari N.V.

    17,795,624  
  406,896    

FinecoBank Banca Fineco S.p.A.

    4,539,119  
  1,462,950    

Pirelli & C. S.p.A.(1)

    8,635,592  
   

 

 

 
      34,215,826  
   

 

 

 
      Japan - 13.2%  
  125,985    

CyberAgent, Inc.

    4,591,157  
  82,070    

Daikin Industries Ltd.

    10,746,158  
  81,273    

FANUC Corp.

    15,101,556  
  26,696    

Keyence Corp.

    16,464,022  
  460,345    

Komatsu Ltd.

    11,176,164  
  29,195    

Kose Corp.

    4,927,586  
  816,458    

Mitsui Fudosan Co., Ltd. REIT

    19,843,347  
  455,255    

Nexon Co., Ltd.*

    6,651,110  
  344,295    

Recruit Holdings Co., Ltd.

    11,527,646  
  193,008    

Shiseido Co., Ltd.

    14,598,482  
  388,942    

Sony Financial Holdings, Inc.

    9,359,965  
  292,775    

Sumitomo Mitsui Financial Group, Inc.

    10,377,604  
  124,352    

Sysmex Corp.

    8,135,119  
  149,325    

Terumo Corp.

    4,460,851  
  241,421    

Tokio Marine Holdings, Inc.

    12,113,376  
  127,985    

Yamato Holdings Co., Ltd.

    2,608,785  
   

 

 

 
      162,682,928  
   

 

 

 
      Netherlands - 5.3%  
  239,275    

AerCap Holdings N.V.*

    12,444,693  
  1,555,557    

ING Groep N.V.

    18,019,167  
  459,517    

Koninklijke Philips N.V.

    19,977,925  
  448,349    

Royal Dutch Shell plc Class A

    14,633,017  
   

 

 

 
      65,074,802  
   

 

 

 
      Philippines - 0.1%  
  1,881,990    

Ayala Land, Inc.

    1,867,103  
   

 

 

 
      Russia - 0.5%  
  176,625    

Yandex N.V. Class A*

    6,711,750  
   

 

 

 
      South Korea - 2.7%  
  7,225    

LG Household & Health Care Ltd.

    8,229,023  
  520,982    

Samsung Electronics Co., Ltd.

    21,214,554  
  75,350    

SK Hynix, Inc.

    4,532,256  
   

 

 

 
      33,975,833  
   

 

 

 
      Spain - 4.7%  
  3,632,531    

Banco Santander S.A.

    16,835,517  
  2,121,443    

CaixaBank S.A.

    6,084,315  
  508,848    

Cellnex Telecom S.A.*(1)

    18,824,052  
  1,612,757    

Iberdrola S.A.

    16,056,895  
   

 

 

 
      57,800,779  
   

 

 

 
      Sweden - 1.6%  
  558,005    

Sandvik AB

    10,253,931  
  63,008    

Spotify Technology S.A.*

    9,213,030  
   

 

 

 
      19,466,961  
   

 

 

 
      Switzerland - 9.4%  
  355,945    

Alcon, Inc.*

    21,979,476  
  13,081    

Lonza Group AG*

    4,416,052  
  396,274    

Nestle S.A.

    41,023,161  
  327,207    

Novartis AG

    29,871,300  
  159,549    

PSP Swiss Property AG

    18,646,507  
   

 

 

 
      115,936,496  
   

 

 

 
      Taiwan - 2.2%  
  925,090    

MediaTek, Inc.

    9,370,020  
  2,278,530    

Taiwan Semiconductor Manufacturing Co., Ltd.

    17,427,056  
   

 

 

 
      26,797,076  
   

 

 

 
 

 

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

 

 

  56  

 


Hartford International Opportunities HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 96.8% - (continued)  
      Turkey - 0.3%  
  2,874,507    

Akbank T.A.S.*

  $ 3,402,024  
   

 

 

 
      United Kingdom - 10.0%  
  723,875    

Anglo American plc

    20,679,952  
  226,725    

AstraZeneca plc

    18,535,143  
  625,844    

Compass Group plc

    15,002,579  
  259,692    

Derwent London plc REIT

    10,283,997  
  203,941    

Intertek Group plc

    14,257,514  
  443,524    

National Grid plc

    4,716,815  
  271,455    

Rio Tinto plc

    16,801,176  
  401,953    

Smith & Nephew plc

    8,728,251  
  238,849    

Unilever N.V.

    14,512,020  
   

 

 

 
      123,517,447  
   

 

 

 
      United States - 0.5%  
  265,822    

Bausch Health Cos., Inc.*

    6,704,031  
   

 

 

 
 

Total Common Stocks
(cost $1,095,580,691)

  $ 1,194,167,331  
   

 

 

 
PREFERRED STOCKS - 0.5%  
      Brazil - 0.5%  
  600,100    

Itau Unibanco Holding S.A.*

  $ 5,666,643  
   

 

 

 
 

Total Preferred Stocks
(cost $5,593,017)

  $ 5,666,643  
   

 

 

 
 

Total Long-Term Investments
(cost $1,101,173,708)

  $ 1,199,833,974  
   

 

 

 
SHORT-TERM INVESTMENTS - 3.0%  
      Other Investment Pools & Funds - 3.0%  
  36,800,737    

BlackRock Liquidity Funds, FedFund Portfolio, Institutional Class, 2.35%(3)

  $ 36,800,737  
   

 

 

 
      Securities Lending Collateral - 0.0%  
  2,685    

Citibank NA DDCA, 2.36%, 7/1/2019(3)

    2,685  
  24,373    

Fidelity Investments Money Market Funds, Government Portfolio, Institutional Class, 2.28%(3)

    24,373  
  3,397    

Goldman Sachs Financial Square Funds, Government Fund, Institutional Class, 2.28%(3)

    3,397  
  10,328    

Invesco Government & Agency Portfolio, Institutional Class, 2.25%(3)

    10,328  
  12,039    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 2.29%(3)

    12,039  
  878    

Western Asset Institutional Government Reserves Fund, Institutional Class, 2.21%(3)

    878  
   

 

 

 
      53,700  
   

 

 

 
 

Total Short-Term Investments
(cost $36,854,437)

  $ 36,854,437  
   

 

 

 
 

Total Investments
(cost $1,138,028,145)

    100.3    $ 1,236,688,411  
 

Other Assets and Liabilities

    (0.3 )%       (3,634,219
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $     1,233,054,192  
   

 

 

    

 

 

 
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. These classifications are used for financial reporting purposes.

 

    

See “Glossary” for abbreviation descriptions.

 

*

Non-income producing.

 

(1) 

Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions that are exempt from registration (typically only to qualified institutional buyers) or in a public offering registered under the Securities Act of 1933. At June 30, 2019, the aggregate value of these securities was $57,428,003, representing 4.7% of net assets.

 

(2) 

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

 

(3) 

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.

 

 

  57  

 


Hartford International Opportunities HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total      Level 1      Level 2      Level 3(1)  

Assets

 

Common Stocks

 

Brazil

   $ 15,633,042      $ 15,633,042      $      $  

Canada

     66,715,742        66,715,742                

China

     141,345,117        39,330,995        102,014,122         

Denmark

     10,782,851               10,782,851         

Finland

     3,478,788               3,478,788         

France

     135,911,968               135,911,968         

Germany

     110,371,870               110,371,870         

Hong Kong

     22,890,805               22,890,805         

India

     28,884,092               28,884,092         

Italy

     34,215,826               34,215,826         

Japan

     162,682,928               162,682,928         

Netherlands

     65,074,802        12,444,693        52,630,109         

Philippines

     1,867,103               1,867,103         

Russia

     6,711,750        6,711,750                

South Korea

     33,975,833               33,975,833         

Spain

     57,800,779               57,800,779         

Sweden

     19,466,961        9,213,030        10,253,931         

Switzerland

     115,936,496        21,979,476        93,957,020         

Taiwan

     26,797,076               26,797,076         

Turkey

     3,402,024               3,402,024         

United Kingdom

     123,517,447               123,517,447         

United States

     6,704,031        6,704,031                

Preferred Stocks

     5,666,643        5,666,643                

Short-Term Investments

     36,854,437        36,854,437                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     1,236,688,411      $     221,253,839      $     1,015,434,572      $     —  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, there were no transfers in and out of Level 3.

 

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

 

 

  58  

 


Hartford MidCap HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 99.8%  
      Banks - 5.5%  
  202,883    

Cullen/Frost Bankers, Inc.

  $ 19,002,022  
  34,142    

First Citizens BancShares, Inc. Class A

    15,373,118  
  243,032    

First Republic Bank

    23,732,075  
  137,477    

M&T Bank Corp.

    23,380,713  
  143,061    

Pinnacle Financial Partners, Inc.

    8,223,146  
  277,380    

Prosperity Bancshares, Inc.

    18,320,949  
  166,058    

South State Corp.

    12,233,493  
   

 

 

 
      120,265,516  
   

 

 

 
      Capital Goods - 8.0%  
  670,598    

Fastenal Co.

    21,854,789  
  674,277    

Gardner Denver Holdings, Inc.*

    23,329,984  
  155,290    

HEICO Corp. Class A

    16,052,328  
  224,899    

IDEX Corp.

    38,714,114  
  139,022    

Lennox International, Inc.

    38,231,050  
  224,035    

Lincoln Electric Holdings, Inc.

    18,442,561  
  253,323    

PACCAR, Inc.

    18,153,126  
   

 

 

 
      174,777,952  
   

 

 

 
      Commercial & Professional Services - 7.4%  
  115,426    

Cimpress N.V.*

    10,491,069  
  98,135    

Cintas Corp.

    23,286,454  
  50,360    

CoStar Group, Inc.*

    27,902,462  
  434,539    

Healthcare Services Group, Inc.

    13,175,222  
  398,601    

IAA, Inc.*

    15,457,747  
  398,601    

KAR Auction Services, Inc.

    9,965,025  
  525,450    

TransUnion

    38,625,829  
  237,172    

Waste Connections, Inc.

    22,668,900  
   

 

 

 
      161,572,708  
   

 

 

 
      Consumer Durables & Apparel - 4.7%  
  247,620    

Carter’s, Inc.

    24,152,855  
  10,214    

NVR, Inc.*

    34,423,733  
  166,239    

Roku, Inc.*

    15,057,929  
  718,185    

Under Armour, Inc. Class C*

    15,943,707  
  441,233    

YETI Holdings, Inc.*(1)

    12,773,695  
   

 

 

 
      102,351,919  
   

 

 

 
      Consumer Services - 2.5%  
  345,188    

Choice Hotels International, Inc.

    30,034,808  
  539,615    

Service Corp. International

    25,243,190  
   

 

 

 
      55,277,998  
   

 

 

 
      Diversified Financials - 3.0%  
  49,167    

Credit Acceptance Corp.*

    23,788,469  
  75,864    

FactSet Research Systems, Inc.

    21,739,588  
  210,497    

Northern Trust Corp.

    18,944,730  
   

 

 

 
      64,472,787  
   

 

 

 
      Energy - 1.1%  
  106,851    

Diamondback Energy, Inc.

    11,643,554  
  989,324    

WPX Energy, Inc.*

    11,387,119  
   

 

 

 
      23,030,673  
   

 

 

 
      Health Care Equipment & Services - 9.7%  
  226,750    

Hill-Rom Holdings, Inc.

    23,722,585  
  401,680    

Integra LifeSciences Holdings Corp.*

    22,433,828  
  134,931    

Masimo Corp.*

    20,080,431  
  53,516    

Molina Healthcare, Inc.*

    7,660,280  
  405,492    

NuVasive, Inc.*

    23,737,502  
  177,871    

STERIS plc*

    26,481,435  
  98,135    

Teleflex, Inc.

    32,497,405  
  177,116    

Varian Medical Systems, Inc.*

    24,110,801  
  194,619    

Veeva Systems, Inc. Class A*

    31,549,686  
   

 

 

 
      212,273,953  
   

 

 

 
      Insurance - 4.7%  
  24,077    

Alleghany Corp.*

    16,399,086  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 99.8% - (continued)  
      Insurance - 4.7% - (continued)  
  7,202    

Fairfax Financial Holdings Ltd.

  $ 3,534,922  
  306,894    

Fidelity National Financial, Inc.

    12,367,828  
  31,660    

Markel Corp.*

    34,496,736  
  17,728    

White Mountains Insurance Group Ltd.

    18,108,443  
  260,556    

WR Berkley Corp.

    17,178,457  
   

 

 

 
      102,085,472  
   

 

 

 
      Materials - 2.9%  
  534,775    

Ball Corp.

    37,428,902  
  151,245    

Packaging Corp. of America

    14,416,674  
  341,349    

Silgan Holdings, Inc.

    10,445,279  
   

 

 

 
      62,290,855  
   

 

 

 
      Media & Entertainment - 1.6%  
  352,801    

Cargurus, Inc.*

    12,739,644  
  456,255    

TripAdvisor, Inc.*

    21,120,044  
   

 

 

 
      33,859,688  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 10.1%  
  389,860    

Aerie Pharmaceuticals, Inc.*

    11,520,363  
  199,536    

Alnylam Pharmaceuticals, Inc.*

    14,478,332  
  108,440    

Bio-Techne Corp.

    22,608,656  
  144,503    

Bluebird Bio, Inc.*(1)

    18,380,782  
  314,545    

Ionis Pharmaceuticals, Inc.*

    20,215,807  
  25,766    

Mettler-Toledo International, Inc.*

    21,643,440  
  212,649    

PRA Health Sciences, Inc.*

    21,084,148  
  205,477    

Repligen Corp.*

    17,660,748  
  146,230    

Sage Therapeutics, Inc.*

    26,773,251  
  376,832    

Seattle Genetics, Inc.*

    26,080,543  
  305,605    

Ultragenyx Pharmaceutical, Inc.*

    19,405,917  
   

 

 

 
      219,851,987  
   

 

 

 
      Real Estate - 1.9%  
  324,367    

Douglas Emmett, Inc. REIT

    12,922,781  
  509,578    

Equity Commonwealth REIT

    16,571,476  
  715,570    

Redfin Corp.*(1)

    12,865,949  
   

 

 

 
      42,360,206  
   

 

 

 
      Retailing - 2.3%  
  255,830    

CarMax, Inc.*

    22,213,719  
  222,324    

Etsy, Inc.*

    13,644,024  
  173,508    

GrubHub, Inc.*(1)

    13,531,889  
   

 

 

 
      49,389,632  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 2.7%  
  232,345    

MKS Instruments, Inc.

    18,097,352  
  145,093    

Monolithic Power Systems, Inc.

    19,700,728  
  203,163    

Silicon Laboratories, Inc.*

    21,007,054  
   

 

 

 
      58,805,134  
   

 

 

 
      Software & Services - 20.5%  
  236,096    

2U, Inc.*

    8,886,653  
  315,425    

Akamai Technologies, Inc.*

    25,278,160  
  119,216    

Aspen Technology, Inc.*

    14,816,164  
  358,365    

Black Knight, Inc.*

    21,555,655  
  337,185    

Blackbaud, Inc.

    28,154,948  
  125,279    

EPAM Systems, Inc.*

    21,685,795  
  99,669    

Fair Isaac Corp.*

    31,298,059  
  1,497,423    

Genpact Ltd.

    57,036,842  
  229,766    

Global Payments, Inc.

    36,792,430  
  257,735    

Guidewire Software, Inc.*

    26,129,174  
  245,221    

PTC, Inc.*

    22,011,037  
  46,628    

Q2 Holdings, Inc.*

    3,560,514  
  731,902    

Teradata Corp.*

    26,238,687  
  164,808    

Total System Services, Inc.

    21,139,922  
  226,372    

VeriSign, Inc.*

    47,347,968  
  258,212    

WEX, Inc.*

    53,733,917  
   

 

 

 
      445,665,925  
   

 

 

 
 

 

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

 

 

  59  

 


Hartford MidCap HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 99.8% - (continued)  
      Technology Hardware & Equipment - 6.2%  
  351,207    

CDW Corp.

  $ 38,983,977  
  864,114    

CommScope Holding Co., Inc.*

    13,592,513  
  110,655    

F5 Networks, Inc.*

    16,114,687  
  645,836    

II-VI, Inc.*(1)

    23,611,764  
  269,538    

Keysight Technologies, Inc.*

    24,207,208  
  456,829    

National Instruments Corp.

    19,182,250  
   

 

 

 
      135,692,399  
   

 

 

 
      Transportation - 2.4%  
  53,711    

AMERCO

    20,332,299  
  315,033    

Genesee & Wyoming, Inc. Class A*

    31,503,300  
   

 

 

 
      51,835,599  
   

 

 

 
      Utilities - 2.6%  
  163,651    

Black Hills Corp.

    12,792,599  
  326,897    

NiSource, Inc.

    9,414,633  
  642,525    

UGI Corp.

    34,317,261  
   

 

 

 
      56,524,493  
   

 

 

 
 

Total Common Stocks
(cost $1,611,786,752)

  $ 2,172,384,896  
   

 

 

 
SHORT-TERM INVESTMENTS - 0.6%  
      Other Investment Pools & Funds - 0.0%  
  1,077,598    

Fidelity Institutional Government Fund, Institutional Class, 2.27%(2)

  $ 1,077,598  
   

 

 

 
      Securities Lending Collateral - 0.6%  
  604,825    

Citibank NA DDCA, 2.36%, 7/1/2019(2)

    604,825  
  5,490,243    

Fidelity Investments Money Market Funds, Government Portfolio, Institutional Class, 2.28%(2)

    5,490,243  
  765,189    

Goldman Sachs Financial Square Funds, Government Fund, Institutional Class, 2.28%(2)

    765,189  
  2,326,565    

Invesco Government & Agency Portfolio, Institutional Class, 2.25%(2)

    2,326,565  
  2,711,825    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 2.29%(2)

    2,711,825  
Shares or Principal Amount   Market Value  
SHORT-TERM INVESTMENTS - 0.6% - (continued)  
      Securities Lending Collateral - 0.6% - (continued)  
  197,847    

Western Asset Institutional Government Reserves Fund, Institutional Class, 2.21%(2)

  $ 197,847  
   

 

 

 
      12,096,494  
   

 

 

 
 

Total Short-Term Investments
(cost $13,174,092)

  $ 13,174,092  
   

 

 

 
 

Total Investments
(cost $1,624,960,844)

    100.4    $ 2,185,558,988  
 

Other Assets and Liabilities

    (0.4 )%       (7,681,424
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $     2,177,877,564  
   

 

 

    

 

 

 

 

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. These classifications are used for financial reporting purposes.

 

    

See “Glossary” for abbreviation descriptions.

 

*

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.

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total      Level 1      Level 2      Level 3(1)  

Assets

 

Common Stocks

 

Banks

   $ 120,265,516      $ 120,265,516      $      $  

Capital Goods

     174,777,952        174,777,952                

Commercial & Professional Services

     161,572,708        161,572,708                

Consumer Durables & Apparel

     102,351,919        102,351,919                

Consumer Services

     55,277,998        55,277,998                

Diversified Financials

     64,472,787        64,472,787                

Energy

     23,030,673        23,030,673                

Health Care Equipment & Services

     212,273,953        212,273,953                

Insurance

     102,085,472        102,085,472                

Materials

     62,290,855        62,290,855                

Media & Entertainment

     33,859,688        33,859,688                

Pharmaceuticals, Biotechnology & Life Sciences

     219,851,987        219,851,987                

Real Estate

     42,360,206        42,360,206                

Retailing

     49,389,632        49,389,632                

Semiconductors & Semiconductor Equipment

     58,805,134        58,805,134                

Software & Services

     445,665,925        445,665,925                

Technology Hardware & Equipment

     135,692,399        135,692,399                

Transportation

     51,835,599        51,835,599                

Utilities

     56,524,493        56,524,493                

Short-Term Investments

     13,174,092        13,174,092                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     2,185,558,988      $     2,185,558,988      $     —      $     —  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, there were no transfers in and out of Level 3.

 

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

 

 

  60  

 


Hartford MidCap Growth HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 99.0%  
      Banks - 1.3%  
  12,387    

First Republic Bank

  $ 1,209,591  
   

 

 

 
      Capital Goods - 6.8%  
  39,982    

BWX Technologies, Inc.

    2,083,062  
  30,605    

Hexcel Corp.

    2,475,333  
  11,426    

Lincoln Electric Holdings, Inc.

    940,588  
  7,537    

Middleby Corp.*

    1,022,771  
   

 

 

 
      6,521,754  
   

 

 

 
      Commercial & Professional Services - 6.7%  
  7,744    

Equifax, Inc.

    1,047,299  
  46,326    

IHS Markit Ltd.*

    2,951,893  
  25,605    

TransUnion

    1,882,223  
  7,815    

TriNet Group, Inc.*

    529,857  
   

 

 

 
      6,411,272  
   

 

 

 
      Consumer Durables & Apparel - 2.5%  
  4,921    

Roku, Inc.*

    445,744  
  75,322    

Under Armour, Inc. Class A*

    1,909,413  
   

 

 

 
      2,355,157  
   

 

 

 
      Consumer Services - 13.1%  
  83,807    

Aramark

    3,022,080  
  21,212    

Bright Horizons Family Solutions, Inc.*

    3,200,254  
  4,503    

Domino’s Pizza, Inc.

    1,253,095  
  76,623    

Extended Stay America, Inc.

    1,294,163  
  13,193    

Grand Canyon Education, Inc.*

    1,543,845  
  4,527    

Hilton Worldwide Holdings, Inc.

    442,469  
  7,864    

Vail Resorts, Inc.

    1,755,088  
   

 

 

 
      12,510,994  
   

 

 

 
      Diversified Financials - 1.7%  
  2,241    

MarketAxess Holdings, Inc.

    720,302  
  3,671    

MSCI, Inc.

    876,598  
   

 

 

 
      1,596,900  
   

 

 

 
      Health Care Equipment & Services - 7.2%  
  12,566    

Acadia Healthcare Co., Inc.*

    439,182  
  12,055    

Cardinal Health, Inc.

    567,790  
  21,291    

Centene Corp.*

    1,116,500  
  2,990    

DexCom, Inc.*

    448,022  
  5,403    

Edwards Lifesciences Corp.*

    998,150  
  9,886    

Penumbra, Inc.*

    1,581,760  
  7,844    

Universal Health Services, Inc. Class B

    1,022,779  
  2,561    

WellCare Health Plans, Inc.*

    730,064  
   

 

 

 
      6,904,247  
   

 

 

 
      Media & Entertainment - 3.9%  
  3,711    

Electronic Arts, Inc.*

    375,776  
  37,561    

Liberty Media Corp-Liberty Formula One Class C*

    1,405,157  
  17,450    

Take-Two Interactive Software, Inc.*

    1,981,098  
   

 

 

 
      3,762,031  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 10.8%  
  11,010    

Bluebird Bio, Inc.*

    1,400,472  
  85,448    

Elanco Animal Health, Inc.*

    2,888,142  
  10,674    

ICON plc*

    1,643,476  
  19,951    

Incyte Corp.*

    1,695,037  
  1,551    

Mettler-Toledo International, Inc.*

    1,302,840  
  20,511    

Seattle Genetics, Inc.*

    1,419,566  
   

 

 

 
      10,349,533  
   

 

 

 
      Real Estate - 2.9%  
  12,496    

SBA Communications Corp. REIT*

    2,809,601  
   

 

 

 
      Retailing - 7.8%  
  16,189    

Burlington Stores, Inc.*

    2,754,558  
  7,224    

Etsy, Inc.*

    443,337  
  20,591    

Expedia Group, Inc.

    2,739,221  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 99.0% - (continued)  
      Retailing - 7.8% - (continued)  
  1,841    

O’Reilly Automotive, Inc.*

  $ 679,918  
  5,382    

Wayfair, Inc. Class A*

    785,772  
   

 

 

 
      7,402,806  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 6.3%  
  41,743    

Advanced Micro Devices, Inc.*

    1,267,735  
  10,765    

First Solar, Inc.*

    707,045  
  14,388    

KLA-Tencor Corp.

    1,700,661  
  5,230    

Microchip Technology, Inc.

    453,441  
  7,970    

Monolithic Power Systems, Inc.

    1,082,167  
  17,111    

Teradyne, Inc.

    819,788  
   

 

 

 
      6,030,837  
   

 

 

 
      Software & Services - 23.3%  
  7,917    

2U, Inc.*

    297,996  
  4,919    

Autodesk, Inc.*

    801,305  
  25,734    

Black Knight, Inc.*

    1,547,900  
  20,351    

Blackbaud, Inc.

    1,699,309  
  19,711    

Ceridian HCM Holding, Inc.*

    989,492  
  26,984    

DocuSign, Inc.*

    1,341,375  
  23,693    

Gartner, Inc.*

    3,813,151  
  18,911    

Global Payments, Inc.

    3,028,219  
  17,788    

GoDaddy, Inc. Class A*

    1,247,828  
  14,748    

Guidewire Software, Inc.*

    1,495,152  
  1,184    

ServiceNow, Inc.*

    325,091  
  9,705    

Splunk, Inc.*

    1,220,404  
  42,884    

SS&C Technologies Holdings, Inc.

    2,470,547  
  5,903    

Tyler Technologies, Inc.*

    1,275,166  
  3,543    

Workday, Inc. Class A*

    728,370  
   

 

 

 
      22,281,305  
   

 

 

 
      Technology Hardware & Equipment - 4.7%  
  16,609    

CDW Corp.

    1,843,599  
  5,123    

Coherent, Inc.*

    698,624  
  147,242    

Flex Ltd.*

    1,409,106  
  8,813    

Itron, Inc.*

    551,429  
   

 

 

 
      4,502,758  
   

 

 

 
 

Total Common Stocks
(cost $83,134,356)

  $ 94,648,786  
   

 

 

 
SHORT-TERM INVESTMENTS - 1.1%  
      Other Investment Pools & Funds - 1.1%  
  1,065,902    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 2.29%(1)

  $ 1,065,902  
   

 

 

 
 

Total Short-Term Investments
(cost $1,065,902)

  $ 1,065,902  
   

 

 

 
 

Total Investments
(cost $84,200,258)

    100.1    $ 95,714,688  
 

Other Assets and Liabilities

    (0.1 )%       (82,587
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $     95,632,101  
   

 

 

    

 

 

 

 

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. These classifications are used for financial reporting purposes.

 

    

See “Glossary” for abbreviation descriptions.

 

 

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

 

 

  61  

 


Hartford MidCap Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

*

Non-income producing.

 

(1) 

Current yield as of period end.

 

 

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

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total      Level 1      Level 2      Level 3(1)  

Assets

 

Common Stocks

 

Banks

   $ 1,209,591      $ 1,209,591      $      $  

Capital Goods

     6,521,754        6,521,754                

Commercial & Professional Services

     6,411,272        6,411,272                

Consumer Durables & Apparel

     2,355,157        2,355,157                

Consumer Services

     12,510,994        12,510,994                

Diversified Financials

     1,596,900        1,596,900                

Health Care Equipment & Services

     6,904,247        6,904,247                

Media & Entertainment

     3,762,031        3,762,031                

Pharmaceuticals, Biotechnology & Life Sciences

     10,349,533        10,349,533                

Real Estate

     2,809,601        2,809,601                

Retailing

     7,402,806        7,402,806                

Semiconductors & Semiconductor Equipment

     6,030,837        6,030,837                

Software & Services

     22,281,305        22,281,305                

Technology Hardware & Equipment

     4,502,758        4,502,758                

Short-Term Investments

     1,065,902        1,065,902                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     95,714,688      $     95,714,688      $     —      $     —  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, there were no transfers in and out of Level 3.

 

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

 

 

  62  

 


Hartford MidCap Value HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.8%  
      Banks - 8.6%  
  62,204    

Bank OZK

  $ 1,871,718  
  53,868    

Comerica, Inc.

    3,912,972  
  45,109    

IBERIABANK Corp.

    3,421,518  
  30,570    

M&T Bank Corp.

    5,199,040  
  193,015    

Sterling Bancorp

    4,107,359  
  72,046    

Western Alliance Bancorp*

    3,221,897  
  99,730    

Zions Bancorporation

    4,585,585  
   

 

 

 
      26,320,089  
   

 

 

 
      Capital Goods - 9.7%  
  41,838    

EnerSys

    2,865,903  
  79,654    

Fortune Brands Home & Security, Inc.

    4,550,633  
  15,601    

Hubbell, Inc.

    2,034,370  
  111,549    

JELD-WEN Holding, Inc.*

    2,368,185  
  33,471    

L3Harris Technologies, Inc.

    6,330,370  
  268,976    

Milacron Holdings Corp.*

    3,711,869  
  26,863    

Moog, Inc. Class A

    2,514,646  
  53,439    

Sensata Technologies Holding plc*

    2,618,511  
  40,855    

Wabtec Corp.

    2,931,755  
   

 

 

 
      29,926,242  
   

 

 

 
      Commercial & Professional Services - 1.5%  
  66,034    

Clean Harbors, Inc.*

    4,695,017  
   

 

 

 
      Consumer Durables & Apparel - 2.0%  
  87,027    

Lennar Corp. Class A

    4,217,328  
  119,638    

Newell Brands, Inc.

    1,844,818  
   

 

 

 
      6,062,146  
   

 

 

 
      Consumer Services - 0.9%  
  52,825    

Norwegian Cruise Line Holdings Ltd.*

    2,833,005  
   

 

 

 
      Diversified Financials - 1.1%  
  343,646    

SLM Corp.

    3,340,239  
   

 

 

 
      Energy - 7.0%  
  69,121    

Delek U.S. Holdings, Inc.

    2,800,783  
  72,304    

Diamondback Energy, Inc.

    7,878,967  
  641,645    

Encana Corp.

    3,291,639  
  226,825    

Noble Energy, Inc.

    5,080,880  
  75,548    

Viper Energy Partners L.P.(1)

    2,328,389  
   

 

 

 
      21,380,658  
   

 

 

 
      Food & Staples Retailing - 1.6%  
  136,198    

US Foods Holding Corp.*

    4,870,441  
   

 

 

 
      Food, Beverage & Tobacco - 0.7%  
  20,013    

Post Holdings, Inc.*

    2,080,752  
   

 

 

 
      Health Care Equipment & Services - 7.4%  
  72,704    

Acadia Healthcare Co., Inc.*

    2,541,005  
  75,896    

Centene Corp.*

    3,979,986  
  46,827    

Encompass Health Corp.

    2,966,959  
  52,130    

Hill-Rom Holdings, Inc.

    5,453,841  
  24,279    

STERIS plc*

    3,614,657  
  35,260    

Zimmer Biomet Holdings, Inc.

    4,151,512  
   

 

 

 
      22,707,960  
   

 

 

 
      Insurance - 9.3%  
  51,712    

Arthur J Gallagher & Co.

    4,529,454  
  50,382    

Assurant, Inc.

    5,359,637  
  272,843    

CNO Financial Group, Inc.

    4,551,021  
  40,571    

Hanover Insurance Group, Inc.

    5,205,260  
  366,494    

Lancashire Holdings Ltd.

    3,208,736  
  35,930    

Reinsurance Group of America, Inc.

    5,606,158  
   

 

 

 
      28,460,266  
   

 

 

 
      Materials - 8.4%  
  114,379    

Buzzi Unicem S.p.A.(1)

    2,322,334  
  88,242    

Cabot Corp.

    4,210,026  
  66,064    

Carpenter Technology Corp.

    3,169,751  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.8% - (continued)  
      Materials - 8.4% - (continued)  
  53,759    

Celanese Corp.

  $ 5,795,220  
  65,795    

FMC Corp.

    5,457,695  
  50,137    

Reliance Steel & Aluminum Co.

    4,743,963  
   

 

 

 
      25,698,989  
   

 

 

 
      Media & Entertainment - 2.7%  
  93,948    

Cinemark Holdings, Inc.

    3,391,523  
  26,317    

Electronic Arts, Inc.*

    2,664,859  
  160,185    

TEGNA, Inc.

    2,426,803  
   

 

 

 
      8,483,185  
   

 

 

 
      Real Estate - 12.0%  
  30,799    

Boston Properties, Inc. REIT

    3,973,071  
  240,709    

Brixmor Property Group, Inc. REIT

    4,303,877  
  145,415    

Corporate Office Properties Trust REIT

    3,834,594  
  18,921    

Equity LifeStyle Properties, Inc. REIT

    2,295,874  
  78,572    

First Industrial Realty Trust, Inc. REIT

    2,886,735  
  103,088    

Gaming and Leisure Properties, Inc. REIT

    4,018,370  
  60,686    

Highwoods Properties, Inc. REIT

    2,506,332  
  35,330    

Life Storage, Inc. REIT

    3,359,176  
  81,698    

Park Hotels & Resorts, Inc. REIT

    2,251,597  
  196,920    

Physicians Realty Trust REIT

    3,434,285  
  4,201    

PS Business Parks, Inc. REIT

    707,994  
  100,410    

STORE Capital Corp. REIT

    3,332,608  
   

 

 

 
      36,904,513  
   

 

 

 
      Retailing - 1.2%  
  27,320    

Expedia Group, Inc.

    3,634,380  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 3.9%  
  125,169    

Ichor Holdings Ltd.*

    2,958,995  
  27,354    

KLA-Tencor Corp.

    3,233,243  
  12,633    

Lam Research Corp.

    2,372,983  
  76,606    

Silicon Motion Technology Corp. ADR

    3,399,774  
   

 

 

 
      11,964,995  
   

 

 

 
      Software & Services - 5.4%  
  61,191    

Amdocs Ltd.

    3,799,349  
  79,578    

Leidos Holdings, Inc.

    6,354,303  
  78,874    

SS&C Technologies Holdings, Inc.

    4,543,931  
  8,772    

VeriSign, Inc.*

    1,834,752  
   

 

 

 
      16,532,335  
   

 

 

 
      Technology Hardware & Equipment - 4.8%  
  60,278    

Arrow Electronics, Inc.*

    4,296,013  
  21,508    

Coherent, Inc.*

    2,933,046  
  69,786    

Itron, Inc.*

    4,366,510  
  58,697    

Lumentum Holdings, Inc.*

    3,135,007  
   

 

 

 
      14,730,576  
   

 

 

 
      Telecommunication Services - 1.2%  
  65,332    

Millicom International Cellular S.A.

    3,677,634  
   

 

 

 
      Transportation - 2.5%  
  49,264    

Genesee & Wyoming, Inc. Class A*

    4,926,400  
  144,766    

JetBlue Airways Corp.*

    2,676,723  
   

 

 

 
      7,603,123  
   

 

 

 
      Utilities - 6.9%  
  113,095    

Alliant Energy Corp.

    5,550,703  
  46,743    

Evergy, Inc.

    2,811,591  
  38,547    

Sempra Energy

    5,297,900  
  139,679    

UGI Corp.

    7,460,255  
   

 

 

 
      21,120,449  
   

 

 

 
 

Total Common Stocks
(cost $269,708,190)

  $ 303,026,994  
   

 

 

 
 

 

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

 

 

  63  

 


Hartford MidCap Value HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
SHORT-TERM INVESTMENTS - 2.7%  
      Other Investment Pools & Funds - 1.2%  
  3,715,176    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 2.29%(2)

  $ 3,715,176  
   

 

 

 
      Securities Lending Collateral - 1.5%  
  224,007    

Citibank NA DDCA, 2.36%, 7/1/2019(2)

    224,007  
  2,033,406    

Fidelity Investments Money Market Funds, Government Portfolio, Institutional Class, 2.28%(2)

    2,033,406  
  283,401    

Goldman Sachs Financial Square Funds, Government Fund, Institutional Class, 2.28%(2)

    283,401  
  861,684    

Invesco Government & Agency Portfolio, Institutional Class, 2.25%(2)

    861,684  
  1,004,371    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 2.29%(2)

    1,004,371  
  73,276    

Western Asset Institutional Government Reserves Fund, Institutional Class, 2.21%(2)

    73,276  
   

 

 

 
      4,480,145  
   

 

 

 
 

Total Short-Term Investments
(cost $8,195,321)

  $ 8,195,321  
   

 

 

 
 

Total Investments
(cost $277,903,511)

    101.5    $     311,222,315  
 

Other Assets and Liabilities

    (1.5 )%       (4,549,144
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 306,673,171  
   

 

 

    

 

 

 
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. These classifications are used for financial reporting purposes.

 

    

See “Glossary” for abbreviation descriptions.

 

*

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.

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total      Level 1      Level 2      Level 3(1)  

Assets

 

Common Stocks

 

Banks

   $ 26,320,089      $ 26,320,089      $      $  

Capital Goods

     29,926,242        29,926,242                

Commercial & Professional Services

     4,695,017        4,695,017                

Consumer Durables & Apparel

     6,062,146        6,062,146                

Consumer Services

     2,833,005        2,833,005                

Diversified Financials

     3,340,239        3,340,239                

Energy

     21,380,658        21,380,658                

Food & Staples Retailing

     4,870,441        4,870,441                

Food, Beverage & Tobacco

     2,080,752        2,080,752                

Health Care Equipment & Services

     22,707,960        22,707,960                

Insurance

     28,460,266        25,251,530        3,208,736         

Materials

     25,698,989        23,376,655        2,322,334         

Media & Entertainment

     8,483,185        8,483,185                

Real Estate

     36,904,513        36,904,513                

Retailing

     3,634,380        3,634,380                

Semiconductors & Semiconductor Equipment

     11,964,995        11,964,995                

Software & Services

     16,532,335        16,532,335                

Technology Hardware & Equipment

     14,730,576        14,730,576                

Telecommunication Services

     3,677,634               3,677,634         

Transportation

     7,603,123        7,603,123                

Utilities

     21,120,449        21,120,449                

Short-Term Investments

     8,195,321        8,195,321                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     311,222,315      $     302,013,611      $     9,208,704      $     —  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, there were no transfers in and out of Level 3.

 

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

 

 

  64  

 


Hartford Small Cap Growth HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 95.9%  
      Automobiles & Components - 0.8%  
  170,497    

Cooper Tire & Rubber Co.

  $ 5,379,180  
  94,437    

Visteon Corp.*

    5,532,120  
   

 

 

 
      10,911,300  
   

 

 

 
      Banks - 4.3%  
  224,328    

First Busey Corp.

    5,924,502  
  269,394    

First Hawaiian, Inc.

    6,969,223  
  120,634    

IBERIABANK Corp.

    9,150,089  
  892,821    

MGIC Investment Corp.*

    11,731,668  
  235,637    

Seacoast Banking Corp. of Florida*

    5,994,605  
  462,583    

Sterling Bancorp

    9,843,766  
  216,650    

Triumph Bancorp, Inc.*

    6,293,683  
   

 

 

 
      55,907,536  
   

 

 

 
      Capital Goods - 11.7%  
  264,913    

Aerojet Rocketdyne Holdings, Inc.*

    11,860,155  
  275,085    

Altra Industrial Motion Corp.

    9,870,050  
  71,402    

American Woodmark Corp.*

    6,042,037  
  180,781    

Applied Industrial Technologies, Inc.

    11,123,455  
  81,144    

Armstrong World Industries, Inc.

    7,887,197  
  129,891    

Axon Enterprise, Inc.*

    8,340,301  
  133,290    

AZZ, Inc.

    6,134,006  
  108,581    

EnerSys

    7,437,798  
  172,382    

Generac Holdings, Inc.*

    11,965,035  
  194,356    

ITT, Inc.

    12,726,431  
  251,685    

JELD-WEN Holding, Inc.*

    5,343,272  
  134,208    

John Bean Technologies Corp.

    16,256,615  
  103,300    

Mercury Systems, Inc.*

    7,267,155  
  414,771    

Milacron Holdings Corp.*

    5,723,840  
  166,903    

Patrick Industries, Inc.*

    8,209,959  
  310,555    

Rexnord Corp.*

    9,384,972  
  103,949    

SPX FLOW, Inc.*

    4,351,305  
  224,045    

Welbilt, Inc.*

    3,741,551  
   

 

 

 
      153,665,134  
   

 

 

 
      Commercial & Professional Services - 4.4%  
  200,336    

ASGN, Inc.*

    12,140,362  
  134,078    

Clean Harbors, Inc.*

    9,532,946  
  208,678    

Exponent, Inc.

    12,216,010  
  90,273    

Huron Consulting Group, Inc.*

    4,547,954  
  78,861    

Insperity, Inc.

    9,632,082  
  95,516    

MSA Safety, Inc.

    10,066,431  
   

 

 

 
      58,135,785  
   

 

 

 
      Consumer Durables & Apparel - 6.0%  
  12,300    

American Outdoor Brands Corp.*

    110,823  
  119,282    

Carter’s, Inc.

    11,634,766  
  159,817    

Oxford Industries, Inc.

    12,114,129  
  468,840    

Steven Madden Ltd.

    15,917,118  
  199,318    

TopBuild Corp.*

    16,495,558  
  497,235    

Wolverine World Wide, Inc.

    13,693,852  
  280,697    

YETI Holdings, Inc.*(1)

    8,126,178  
   

 

 

 
      78,092,424  
   

 

 

 
      Consumer Services - 2.7%  
  108,281    

Dunkin’ Brands Group, Inc.

    8,625,664  
  130,409    

Marriott Vacations Worldwide Corp.

    12,571,428  
  144,903    

Wingstop, Inc.

    13,729,559  
   

 

 

 
      34,926,651  
   

 

 

 
      Diversified Financials - 2.6%  
  258,472    

Blucora, Inc.*

    7,849,795  
  117,830    

Evercore, Inc. Class A

    10,436,203  
  182,583    

OneMain Holdings, Inc.

    6,173,131  
  1,018,700    

SLM Corp.

    9,901,764  
   

 

 

 
      34,360,893  
   

 

 

 
Shares or Principal Amount   Market Value  
COMMON STOCKS - 95.9% - (continued)  
      Energy - 1.3%  
  792,746    

Kosmos Energy Ltd.

  $ 4,970,518  
  133,450    

PDC Energy, Inc.*

    4,812,207  
  345,673    

ProPetro Holding Corp.*

    7,155,431  
   

 

 

 
      16,938,156  
   

 

 

 
      Food & Staples Retailing - 1.6%  
  48,686    

Casey’s General Stores, Inc.

    7,594,529  
  346,941    

Performance Food Group Co.*

    13,888,048  
   

 

 

 
      21,482,577  
   

 

 

 
      Food, Beverage & Tobacco - 1.7%  
  114,428    

Freshpet, Inc.*

    5,207,618  
  688,567    

Hostess Brands, Inc.*

    9,942,907  
  64,015    

Post Holdings, Inc.*

    6,655,640  
   

 

 

 
      21,806,165  
   

 

 

 
      Health Care Equipment & Services - 13.6%  
  240,697    

AtriCure, Inc.*

    7,182,399  
  224,405    

Cardiovascular Systems, Inc.*

    9,633,707  
  262,923    

Globus Medical, Inc. Class A*

    11,121,643  
  113,249    

Haemonetics Corp.*

    13,628,385  
  365,056    

HMS Holdings Corp.*

    11,824,164  
  41,107    

ICU Medical, Inc.*

    10,355,264  
  88,046    

Insulet Corp.*

    10,510,932  
  95,489    

Integer Holdings Corp.*

    8,013,437  
  159,632    

Integra LifeSciences Holdings Corp.*

    8,915,447  
  83,588    

LHC Group, Inc.*

    9,995,453  
  75,892    

Medidata Solutions, Inc.*

    6,868,985  
  221,172    

Merit Medical Systems, Inc.*

    13,173,004  
  193,876    

Omnicell, Inc.*

    16,679,152  
  451,462    

OraSure Technologies, Inc.*

    4,189,567  
  54,806    

Orthofix Medical, Inc.*

    2,898,141  
  89,313    

Providence Service Corp.*

    5,121,208  
  682,983    

R1 RCM, Inc.*

    8,591,926  
  109,252    

Tandem Diabetes Care, Inc.*

    7,048,939  
  111,379    

Teladoc Health, Inc.*(1)

    7,396,679  
  47,321    

U.S. Physical Therapy, Inc.

    5,800,135  
   

 

 

 
      178,948,567  
   

 

 

 
      Insurance - 1.0%  
  292,643    

James River Group Holdings Ltd.

    13,724,957  
   

 

 

 
      Materials - 3.0%  
  163,999    

Boise Cascade Co.

    4,610,012  
  607,651    

Graphic Packaging Holding Co.

    8,494,961  
  440,659    

Livent Corp.*

    3,049,360  
  232,276    

Louisiana-Pacific Corp.

    6,090,277  
  497,560    

OMNOVA Solutions, Inc.*

    3,099,799  
  236,394    

PolyOne Corp.

    7,420,408  
  332,365    

Summit Materials, Inc. Class A*

    6,398,026  
   

 

 

 
      39,162,843  
   

 

 

 
      Media & Entertainment - 0.5%  
  191,120    

Cargurus, Inc.*

    6,901,343  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 14.0%  
  227,314    

Abeona Therapeutics, Inc.*

    1,086,561  
  145,720    

Aerie Pharmaceuticals, Inc.*

    4,306,026  
  54,568    

Agios Pharmaceuticals, Inc.*(1)

    2,721,852  
  461,419    

Alder Biopharmaceuticals, Inc.*

    5,430,902  
  629,556    

Amicus Therapeutics, Inc.*

    7,856,859  
  442,737    

Amneal Pharmaceuticals, Inc.*

    3,174,424  
  292,681    

Apellis Pharmaceuticals, Inc.*

    7,416,536  
  186,620    

Arena Pharmaceuticals, Inc.*

    10,941,531  
  254,731    

Array BioPharma, Inc.*

    11,801,687  
  103,151    

Assembly Biosciences, Inc.*

    1,391,507  
  151,423    

Audentes Therapeutics, Inc.*

    5,732,875  
  120,621    

Biohaven Pharmaceutical Holding Co., Ltd.*

    5,281,994  
 

 

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

 

 

  65  

 


Hartford Small Cap Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 95.9% - (continued)  
      Pharmaceuticals, Biotechnology & Life Sciences - 14.0% - (continued)  
  137,074    

Blueprint Medicines Corp.*

  $ 12,930,190  
  189,217    

Catalent, Inc.*

    10,257,453  
  470,294    

Cymabay Therapeutics, Inc.*

    3,367,305  
  11,100    

CytomX Therapeutics, Inc.*

    124,542  
  159,036    

Flexion Therapeutics, Inc.*(1)

    1,956,143  
  132,463    

G1 Therapeutics, Inc.*

    4,061,315  
  182,017    

GlycoMimetics, Inc.*

    2,169,643  
  335,593    

Heron Therapeutics, Inc.*(1)

    6,238,674  
  148,889    

Insmed, Inc.*

    3,811,558  
  196,530    

Intersect ENT, Inc.*

    4,473,023  
  45,700    

Iovance Biotherapeutics, Inc.*

    1,120,564  
  112,700    

Karyopharm Therapeutics, Inc.*(1)

    675,073  
  45,147    

Ligand Pharmaceuticals, Inc.*

    5,153,530  
  16,830    

Madrigal Pharmaceuticals, Inc.*

    1,763,952  
  149,805    

MyoKardia, Inc.*

    7,511,223  
  263,362    

NanoString Technologies, Inc.*

    7,993,037  
  158,430    

Portola Pharmaceuticals, Inc.*

    4,298,206  
  74,009    

Reata Pharmaceuticals, Inc. Class A*

    6,982,749  
  97,714    

REGENXBIO, Inc.*

    5,019,568  
  267,912    

Revance Therapeutics, Inc.*

    3,474,819  
  860,583    

Rigel Pharmaceuticals, Inc.*

    2,246,122  
  36,703    

Spark Therapeutics, Inc.*

    3,757,653  
  148,549    

Syneos Health, Inc.*

    7,589,368  
  150,256    

Ultragenyx Pharmaceutical, Inc.*

    9,541,256  
   

 

 

 
      183,659,720  
   

 

 

 
      Real Estate - 2.8%  
  298,772    

Columbia Property Trust, Inc. REIT

    6,196,531  
  61,454    

Coresite Realty Corp. REIT

    7,077,657  
  227,697    

Corporate Office Properties Trust REIT

    6,004,370  
  19,735    

Independence Realty Trust, Inc. REIT

    228,334  
  249,604    

Pebblebrook Hotel Trust REIT

    7,033,841  
  64,258    

PS Business Parks, Inc. REIT

    10,829,401  
   

 

 

 
      37,370,134  
   

 

 

 
      Retailing - 4.0%  
  428,579    

Caleres, Inc.

    8,537,294  
  149,991    

Core-Mark Holding Co., Inc.

    5,957,643  
  73,867    

Etsy, Inc.*

    4,533,218  
  65,805    

Five Below, Inc.*

    7,897,916  
  199,837    

Floor & Decor Holdings, Inc. Class A*

    8,373,170  
  130,849    

Foot Locker, Inc.

    5,485,190  
  133,857    

Liberty Expedia Holdings, Inc. Class A*

    6,397,026  
  216,063    

Urban Outfitters, Inc.*

    4,915,433  
   

 

 

 
      52,096,890  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 2.4%  
  131,960    

Cirrus Logic, Inc.*

    5,766,652  
  398,583    

Cohu, Inc.

    6,150,136  
  296,326    

Entegris, Inc.

    11,058,886  
  523,449    

FormFactor, Inc.*

    8,202,446  
   

 

 

 
      31,178,120  
   

 

 

 
      Software & Services - 13.0%  
  111,638    

2U, Inc.*

    4,202,054  
  273,297    

8x8, Inc.*

    6,586,458  
  157,119    

Blackbaud, Inc.

    13,119,436  
  55,362    

CACI International, Inc. Class A*

    11,326,512  
  217,401    

Carbonite, Inc.*

    5,661,122  
  95,080    

Everbridge, Inc.*

    8,502,054  
  238,110    

Five9, Inc.*

    12,212,662  
  274,928    

ForeScout Technologies, Inc.*

    9,309,062  
  42,604    

HubSpot, Inc.*

    7,264,834  
  137,038    

Instructure, Inc.*

    5,824,115  
  121,386    

LiveRamp Holdings, Inc.*

    5,884,793  
  78,721    

New Relic, Inc.*

    6,810,154  
  115,899    

Paylocity Holding Corp.*

    10,873,644  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 95.9% - (continued)  
      Software & Services - 13.0% - (continued)  
  131,673    

Pegasystems, Inc.

  $ 9,376,434  
  122,470    

PROS Holdings, Inc.*

    7,747,452  
  90,546    

Q2 Holdings, Inc.*

    6,914,093  
  171,209    

Rapid7, Inc.*

    9,902,728  
  317,641    

SailPoint Technologies Holding, Inc.*

    6,365,526  
  165,195    

Science Applications International Corp.

    14,299,279  
  331,564    

SVMK, Inc.*(1)

    5,474,122  
  12,414    

Trade Desk, Inc. Class A*

    2,827,661  
   

 

 

 
      170,484,195  
   

 

 

 
      Technology Hardware & Equipment - 2.9%  
  251,294    

CTS Corp.

    6,930,689  
  163,669    

Itron, Inc.*

    10,240,769  
  223,871    

Lumentum Holdings, Inc.*

    11,956,950  
  53,109    

Rogers Corp.*

    9,165,551  
   

 

 

 
      38,293,959  
   

 

 

 
      Telecommunication Services - 0.3%  
  605,081    

ORBCOMM, Inc.*

    4,386,837  
   

 

 

 
      Transportation - 1.3%  
  121,174    

Genesee & Wyoming, Inc. Class A*

    12,117,400  
  246,116    

Marten Transport Ltd.

    4,467,005  
   

 

 

 
      16,584,405  
   

 

 

 
 

Total Common Stocks
(cost $1,113,451,899)

  $ 1,259,018,591  
   

 

 

 
EXCHANGE-TRADED FUNDS - 2.9%  
      Other Investment Pools & Funds - 2.9%  
  190,644    

iShares Russell 2000 Growth ETF(1)

  $ 38,294,660  
   

 

 

 
 

Total Exchange-Traded Funds
(cost $33,258,260)

  $ 38,294,660  
   

 

 

 
 

Total Long-Term Investments
(cost $1,146,710,159)

  $ 1,297,313,251  
   

 

 

 
SHORT-TERM INVESTMENTS - 5.4%  
      Other Investment Pools & Funds - 1.8%  
  23,715,573    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 2.29%(2)

  $ 23,715,573  
   

 

 

 
      Securities Lending Collateral - 3.6%  
  2,341,740    

Citibank NA DDCA, 2.36%, 7/1/2019(2)

    2,341,740  
  21,256,936    

Fidelity Investments Money Market Funds, Government Portfolio, Institutional Class, 2.28%(2)

    21,256,936  
  2,962,633    

Goldman Sachs Financial Square Funds, Government Fund, Institutional Class, 2.28%(2)

    2,962,633  
  9,007,917    

Invesco Government & Agency Portfolio, Institutional Class, 2.25%(2)

    9,007,917  
  10,499,551    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 2.29%(2)

    10,499,551  
  766,020    

Western Asset Institutional Government Reserves Fund, Institutional Class, 2.21%(2)

    766,020  
   

 

 

 
      46,834,797  
   

 

 

 
 

Total Short-Term Investments
(cost $70,550,370)

  $ 70,550,370  
   

 

 

 
 

Total Investments
(cost $1,217,260,529)

    104.2    $ 1,367,863,621  
 

Other Assets and Liabilities

    (4.2 )%       (55,107,209
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $     1,312,756,412  
   

 

 

    

 

 

 
 

 

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

 

 

  66  

 


Hartford Small Cap Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (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. These classifications are used for financial reporting purposes.

 

    

See “Glossary” for abbreviation descriptions.

*

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.

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total      Level 1      Level 2      Level 3(1)  

Assets

 

Common Stocks

 

Automobiles & Components

   $ 10,911,300      $ 10,911,300      $      $  

Banks

     55,907,536        55,907,536                

Capital Goods

     153,665,134        153,665,134                

Commercial & Professional Services

     58,135,785        58,135,785                

Consumer Durables & Apparel

     78,092,424        78,092,424                

Consumer Services

     34,926,651        34,926,651                

Diversified Financials

     34,360,893        34,360,893                

Energy

     16,938,156        16,938,156                

Food & Staples Retailing

     21,482,577        21,482,577                

Food, Beverage & Tobacco

     21,806,165        21,806,165                

Health Care Equipment & Services

     178,948,567        178,948,567                

Insurance

     13,724,957        13,724,957                

Materials

     39,162,843        39,162,843                

Media & Entertainment

     6,901,343        6,901,343                

Pharmaceuticals, Biotechnology & Life Sciences

     183,659,720        183,659,720                

Real Estate

     37,370,134        37,370,134                

Retailing

     52,096,890        52,096,890                

Semiconductors & Semiconductor Equipment

     31,178,120        31,178,120                

Software & Services

     170,484,195        170,484,195                

Technology Hardware & Equipment

     38,293,959        38,293,959                

Telecommunication Services

     4,386,837        4,386,837                

Transportation

     16,584,405        16,584,405                

Exchange-Traded Funds

     38,294,660        38,294,660                

Short-Term Investments

     70,550,370        70,550,370                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     1,367,863,621      $     1,367,863,621      $     —      $     —  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, there were no transfers in and out of Level 3.

 

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

 

 

  67  

 


Hartford Small Company HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 96.1%  
      Automobiles & Components - 2.0%  
  63,900    

LCI Industries

  $ 5,751,000  
  174,413    

Winnebago Industries, Inc.

    6,741,062  
   

 

 

 
      12,492,062  
   

 

 

 
      Banks - 5.3%  
  163,500    

Atlantic Union Bankshares Corp.

    5,776,455  
  205,639    

BancorpSouth Bank

    5,971,757  
  156,373    

CenterState Bank Corp.

    3,601,270  
  475,945    

MGIC Investment Corp.*

    6,253,917  
  374,444    

Sterling Bancorp

    7,968,169  
  65,149    

Texas Capital Bancshares, Inc.*

    3,998,194  
   

 

 

 
      33,569,762  
   

 

 

 
      Capital Goods - 11.0%  
  351,187    

Actuant Corp. Class A

    8,712,949  
  186,087    

Aerojet Rocketdyne Holdings, Inc.*

    8,331,115  
  125,930    

Argan, Inc.

    5,107,721  
  30,687    

Axon Enterprise, Inc.*

    1,970,412  
  158,339    

EnerSys

    10,846,222  
  238,409    

ITT, Inc.

    15,611,021  
  23,197    

Kadant, Inc.

    2,106,520  
  60,269    

Patrick Industries, Inc.*

    2,964,632  
  456,599    

Rexnord Corp.*

    13,798,422  
   

 

 

 
      69,449,014  
   

 

 

 
      Commercial & Professional Services - 3.8%  
  116,516    

Brink’s Co.

    9,458,769  
  84,467    

McGrath Rent Corp.

    5,249,624  
  139,601    

TriNet Group, Inc.*

    9,464,948  
   

 

 

 
      24,173,341  
   

 

 

 
      Consumer Durables & Apparel - 7.7%  
  247,566    

Acushnet Holdings Corp.

    6,501,083  
  103,911    

Carter’s, Inc.

    10,135,479  
  25,785    

Cavco Industries, Inc.*

    4,062,169  
  278,827    

Century Communities, Inc.*

    7,411,222  
  318,369    

Skyline Champion Corp.*

    8,716,943  
  341,253    

Under Armour, Inc. Class C*

    7,575,816  
  151,060    

YETI Holdings, Inc.*(1)

    4,373,187  
   

 

 

 
      48,775,899  
   

 

 

 
      Consumer Services - 6.7%  
  111,800    

BJ’s Restaurants, Inc.

    4,912,492  
  191,967    

Chegg, Inc.*

    7,408,006  
  909,759    

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

    2,547,325  
  63,435    

Grand Canyon Education, Inc.*

    7,423,164  
  125,246    

Marriott Vacations Worldwide Corp.

    12,073,714  
  114,981    

Planet Fitness, Inc. Class A*

    8,329,224  
   

 

 

 
      42,693,925  
   

 

 

 
      Diversified Financials - 0.6%  
  73,798    

Green Dot Corp. Class A*

    3,608,722  
   

 

 

 
      Energy - 0.7%  
  147,621    

Viper Energy Partners L.P.

    4,549,679  
   

 

 

 
      Food & Staples Retailing - 1.1%  
  170,835    

Performance Food Group Co.*

    6,838,525  
   

 

 

 
      Food, Beverage & Tobacco - 1.1%  
  105,047    

MGP Ingredients, Inc.(1)

    6,965,667  
   

 

 

 
      Health Care Equipment & Services - 14.2%  
  38,193    

Amedisys, Inc.*

    4,637,012  
  146,185    

Globus Medical, Inc. Class A*

    6,183,625  
  89,071    

Haemonetics Corp.*

    10,718,804  
  79,896    

Hill-Rom Holdings, Inc.

    8,358,720  
  212,825    

HMS Holdings Corp.*

    6,893,402  
  111,865    

Insulet Corp.*

    13,354,444  
  169,284    

Merit Medical Systems, Inc.*

    10,082,555  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 96.1% - (continued)  
      Health Care Equipment & Services - 14.2% - (continued)  
  163,284    

Omnicell, Inc.*

  $ 14,047,322  
  54,462    

Penumbra, Inc.*

    8,713,920  
  114,231    

Tandem Diabetes Care, Inc.*

    7,370,184  
   

 

 

 
      90,359,988  
   

 

 

 
      Insurance - 0.9%  
  121,260    

James River Group Holdings Ltd.

    5,687,094  
   

 

 

 
      Materials - 2.3%  
  156,560    

Carpenter Technology Corp.

    7,511,749  
  66,818    

Ingevity Corp.*

    7,027,249  
   

 

 

 
      14,538,998  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 13.0%  
  106,453    

Aerie Pharmaceuticals, Inc.*

    3,145,686  
  413,632    

Amicus Therapeutics, Inc.*

    5,162,127  
  134,975    

Apellis Pharmaceuticals, Inc.*

    3,420,267  
  108,637    

Arena Pharmaceuticals, Inc.*

    6,369,387  
  117,348    

Array BioPharma, Inc.*

    5,436,733  
  25,214    

Ascendis Pharma AS ADR*

    2,903,392  
  80,355    

CareDx, Inc.*

    2,891,976  
  95,025    

CytomX Therapeutics, Inc.*

    1,066,181  
  88,120    

Exact Sciences Corp.*

    10,401,685  
  95,575    

G1 Therapeutics, Inc.*

    2,930,330  
  46,572    

Galapagos N.V. ADR*

    6,004,528  
  97,313    

Heron Therapeutics, Inc.*(1)

    1,809,049  
  158,491    

Invitae Corp.*

    3,724,538  
  181,083    

Karyopharm Therapeutics, Inc.*

    1,084,687  
  76,129    

MyoKardia, Inc.*

    3,817,108  
  219,145    

Orchard Therapeutics plc*

    3,065,839  
  53,320    

PRA Health Sciences, Inc.*

    5,286,678  
  97,102    

Ra Pharmaceuticals, Inc.*

    2,919,857  
  150,566    

Revance Therapeutics, Inc.*

    1,952,841  
  75,028    

Rhythm Pharmaceuticals, Inc.*

    1,650,616  
  21,025    

Sage Therapeutics, Inc.*

    3,849,467  
  336,108    

Sangamo Therapeutics, Inc.*

    3,619,883  
   

 

 

 
      82,512,855  
   

 

 

 
      Real Estate - 4.2%  
  146,354    

Agree Realty Corp. REIT(1)

    9,373,974  
  188,496    

Hannon Armstrong Sustainable Infrastructure Capital, Inc. REIT

    5,311,817  
  156,987    

NexPoint Residential Trust, Inc. REIT

    6,499,262  
  264,638    

Xenia Hotels & Resorts, Inc. REIT

    5,517,702  
   

 

 

 
      26,702,755  
   

 

 

 
      Retailing - 2.4%  
  5,016,400    

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

    200,656  
  49,713    

Etsy, Inc.*

    3,050,887  
  22,444    

Five Below, Inc.*

    2,693,729  
  173,929    

Floor & Decor Holdings, Inc. Class A*

    7,287,625  
  43,094    

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

    2,115,055  
   

 

 

 
      15,347,952  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 2.2%  
  221,993    

Entegris, Inc.

    8,284,779  
  373,230    

Tower Semiconductor Ltd.*

    5,885,837  
   

 

 

 
      14,170,616  
   

 

 

 
      Software & Services - 14.2%  
  72,861    

2U, Inc.*

    2,742,488  
  32,302    

Alteryx, Inc. Class A*(1)

    3,524,794  
  76,907    

Endava plc ADR*

    3,094,738  
  19,299    

EPAM Systems, Inc.*

    3,340,657  
  93,872    

Everbridge, Inc.*

    8,394,034  
  16,033    

Fair Isaac Corp.*

    5,034,683  
  152,633    

Five9, Inc.*

    7,828,547  
  42,867    

Globant S.A.*

    4,331,710  
 

 

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

 

 

  68  

 


Hartford Small Company HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 96.1% - (continued)  
      Software & Services - 14.2% - (continued)  
  57,248    

Guidewire Software, Inc.*

  $ 5,803,802  
  23,579    

HubSpot, Inc.*

    4,020,691  
  106,512    

LiveRamp Holdings, Inc.*

    5,163,702  
  213,977    

Mimecast Ltd.*

    9,994,866  
  182,951    

Pivotal Software, Inc. Class A*

    1,931,962  
  101,266    

Rapid7, Inc.*

    5,857,225  
  113,789    

Science Applications International Corp.

    9,849,576  
  16,197    

Trade Desk, Inc. Class A*

    3,689,353  
  61,121    

Zendesk, Inc.*

    5,441,603  
   

 

 

 
      90,044,431  
   

 

 

 
      Technology Hardware & Equipment - 1.9%  
  35,669    

Lumentum Holdings, Inc.*

    1,905,081  
  120,044    

nLight, Inc.*

    2,304,845  
  36,391    

Zebra Technologies Corp. Class A*

    7,623,551  
   

 

 

 
      11,833,477  
   

 

 

 
      Telecommunication Services - 0.8%  
  69,692    

Bandwidth, Inc. Class A*

    5,228,294  
   

 

 

 
 

Total Common Stocks
(cost $527,632,627)

  $ 609,543,056  
   

 

 

 
PREFERRED STOCKS - 1.1%  
      Retailing - 0.4%  
  74,004    

Honest Co., Inc.*(2)(3)(4)

  $ 2,822,513  
   

 

 

 
      Software & Services - 0.7%  
  410,300    

MarkLogic Corp. Series F*(2)(3)(4)

    4,160,442  
   

 

 

 
 

Total Preferred Stocks
(cost $8,151,359)

  $ 6,982,955  
   

 

 

 
ESCROWS - 0.0%(5)  
      Software & Services - 0.0%  
  157,023    

Veracode, Inc.*(2)(3)(4)

  $ 85,420  
   

 

 

 
 

Total Escrows
(cost $—)

  $ 85,420  
   

 

 

 
 

Total Long-Term Investments
(cost $535,783,986)

  $ 616,611,431  
   

 

 

 
SHORT-TERM INVESTMENTS - 4.4%  
      Other Investment Pools & Funds - 3.8%  
  23,750,554    

BlackRock Liquidity Funds, FedFund Portfolio, Institutional Class, 2.35%(6)

  $ 23,750,554  
   

 

 

 
      Securities Lending Collateral - 0.6%  
  199,874    

Citibank NA DDCA, 2.36%, 7/1/2019(6)

    199,874  
  1,814,336    

Fidelity Investments Money Market Funds, Government Portfolio, Institutional Class, 2.28%(6)

    1,814,336  
  252,868    

Goldman Sachs Financial Square Funds, Government Fund, Institutional Class, 2.28%(6)

    252,868  
  768,850    

Invesco Government & Agency Portfolio, Institutional Class, 2.25%(6)

    768,850  
  896,165    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 2.29%(6)

    896,165  
  65,382    

Western Asset Institutional Government Reserves Fund, Institutional Class, 2.21%(6)

    65,382  
   

 

 

 
      3,997,475  
   

 

 

 
 

Total Short-Term Investments
(cost $27,748,029)

  $ 27,748,029  
   

 

 

 
 

Total Investments
(cost $563,532,015)

    101.6    $ 644,359,460  
 

Other Assets and Liabilities

    (1.6 )%       (9,933,669
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $     634,425,791  
   

 

 

    

 

 

 
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. These classifications are used for financial reporting purposes.

 

    

See “Glossary” for abbreviation descriptions.

 

*

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) 

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, 2019, the aggregate fair value of these securities was $11,931,411, which represented 1.9% 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) 

Investment in securities not registered under the Securities Act of 1933 (excluding securities acquired pursuant to Rule 144A and Regulation S). At the end of the period, the value of such restricted securities amounted to $11,931,411 or 1.9% of net assets.

 

Period
Acquired
   

Security Name

  Shares/
Par Value
    Base
Total Cost
    Base
Market Value
 
  08/2011     Allstar Co.     5,016,400     $ 2,182,229     $ 200,656  
  07/2015     DraftKings, Inc.     909,759       3,430,143       2,547,325  
  08/2015     Honest Co., Inc. Preferred     74,004       3,386,053       2,822,513  
  04/2015     MarkLogic Corp. Series F Preferred     410,300       4,765,306       4,160,442  
  11/2013     Tory Burch LLC     43,094       3,377,559       2,115,055  
  04/2017     Veracode, Inc.     157,023             85,420  
     

 

 

   

 

 

 
      $     17,141,290     $     11,931,411  
     

 

 

   

 

 

 

 

(5) 

Share amount represents shares of the issuer previously held that resulted in receipt of the escrow.

 

(6) 

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.

 

 

  69  

 


Hartford Small Company HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total      Level 1      Level 2      Level 3(1)  

Assets

 

Common Stocks

 

Automobiles & Components

   $ 12,492,062      $ 12,492,062      $      $  

Banks

     33,569,762        33,569,762                

Capital Goods

     69,449,014        69,449,014                

Commercial & Professional Services

     24,173,341        24,173,341                

Consumer Durables & Apparel

     48,775,899        48,775,899                

Consumer Services

     42,693,925        40,146,600               2,547,325  

Diversified Financials

     3,608,722        3,608,722                

Energy

     4,549,679        4,549,679                

Food & Staples Retailing

     6,838,525        6,838,525                

Food, Beverage & Tobacco

     6,965,667        6,965,667                

Health Care Equipment & Services

     90,359,988        90,359,988                

Insurance

     5,687,094        5,687,094                

Materials

     14,538,998        14,538,998                

Pharmaceuticals, Biotechnology & Life Sciences

     82,512,855        82,512,855                

Real Estate

     26,702,755        26,702,755                

Retailing

     15,347,952        13,032,241               2,315,711  

Semiconductors & Semiconductor Equipment

     14,170,616        14,170,616                

Software & Services

     90,044,431        90,044,431                

Technology Hardware & Equipment

     11,833,477        11,833,477                

Telecommunication Services

     5,228,294        5,228,294                

Preferred Stocks

     6,982,955                      6,982,955  

Escrows

     85,420                      85,420  

Short-Term Investments

     27,748,029        27,748,029                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     644,359,460      $     632,428,049      $     —      $     11,931,411  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, there were no transfers in and out of Level 3.

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, 2019:

 

     Common
Stocks
    Preferred
Stocks
     Escrows     Total  

Beginning balance

   $ 5,772,836     $ 6,821,907      $ 178,845     $ 12,773,588  

Purchases

                         

Sales

                      (103,805     (103,805

Accrued discounts/(premiums)

                         

Total realized gain/(loss)

                  103,805       103,805  

Net change in unrealized appreciation/depreciation

     (909,800     161,048        (93,425     (842,177

Transfers into Level 3

                         

Transfers out of Level 3

                         
  

 

 

   

 

 

    

 

 

   

 

 

 

Ending balance

   $     4,863,036     $     6,982,955      $ 85,420     $     11,931,411  
  

 

 

   

 

 

    

 

 

   

 

 

 

The change in net unrealized appreciation/(depreciation) relating to the Level 3 investments held at June 30, 2019 was $ 842,177.

 

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

 

 

  70  

 


Hartford Stock HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.3%  
      Banks - 2.3%  
  249,567    

PNC Financial Services Group, Inc.

  $ 34,260,558  
   

 

 

 
      Capital Goods - 11.7%  
  89,385    

3M Co.

    15,493,996  
  219,203    

General Dynamics Corp.

    39,855,489  
  171,867    

Honeywell International, Inc.

    30,006,260  
  93,412    

Lockheed Martin Corp.

    33,958,999  
  93,212    

Northrop Grumman Corp.

    30,117,729  
  197,336    

United Technologies Corp.

    25,693,147  
   

 

 

 
      175,125,620  
   

 

 

 
      Consumer Durables & Apparel - 4.1%  
  504,609    

NIKE, Inc. Class B

    42,361,926  
  215,544    

VF Corp.

    18,827,768  
   

 

 

 
      61,189,694  
   

 

 

 
      Consumer Services - 4.0%  
  287,861    

McDonald’s Corp.

    59,777,215  
   

 

 

 
      Diversified Financials - 4.5%  
  312,015    

American Express Co.

    38,515,132  
  59,620    

BlackRock, Inc.

    27,979,666  
   

 

 

 
      66,494,798  
   

 

 

 
      Energy - 1.5%  
  298,523    

Exxon Mobil Corp.

    22,875,817  
   

 

 

 
      Food & Staples Retailing - 2.6%  
  148,352    

Costco Wholesale Corp.

    39,203,499  
   

 

 

 
      Food, Beverage & Tobacco - 9.2%  
  1,073,322    

Coca-Cola Co.

    54,653,556  
  842,229    

Diageo plc

    36,249,734  
  360,460    

PepsiCo., Inc.

    47,267,120  
   

 

 

 
      138,170,410  
   

 

 

 
      Health Care Equipment & Services - 11.7%  
  483,545    

Baxter International, Inc.

    39,602,335  
  298,206    

Danaher Corp.

    42,619,602  
  498,145    

Medtronic plc

    48,514,342  
  181,415    

UnitedHealth Group, Inc.

    44,267,074  
   

 

 

 
      175,003,353  
   

 

 

 
      Household & Personal Products - 4.4%  
  556,506    

Colgate-Palmolive Co.

    39,884,785  
  241,178    

Procter & Gamble Co.

    26,445,168  
   

 

 

 
      66,329,953  
   

 

 

 
      Insurance - 4.9%  
  241,953    

Chubb Ltd.

    35,637,257  
  370,793    

Marsh & McLennan Cos., Inc.

    36,986,602  
   

 

 

 
      72,623,859  
   

 

 

 
      Materials - 5.1%  
  192,810    

Ecolab, Inc.

    38,068,406  
  190,961    

Linde plc

    38,344,969  
   

 

 

 
      76,413,375  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 5.3%  
  82,996    

Amgen, Inc.

    15,294,503  
  299,295    

Johnson & Johnson

    41,685,808  
  267,353    

Merck & Co., Inc.

    22,417,549  
   

 

 

 
      79,397,860  
   

 

 

 
      Real Estate - 5.9%  
  239,230    

American Tower Corp. REIT

    48,910,573  
  163,956    

Public Storage REIT

    39,049,401  
   

 

 

 
      87,959,974  
   

 

 

 
      Retailing - 4.7%  
  9,440,100    

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

    377,604  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.3% - (continued)  
      Retailing - 4.7% - (continued)  
  132,056    

Home Depot, Inc.

  $ 27,463,686  
  788,522    

TJX Cos., Inc.

    41,697,044  
   

 

 

 
      69,538,334  
   

 

 

 
      Software & Services - 9.4%  
  183,756    

Accenture plc Class A

    33,952,596  
  114,626    

Automatic Data Processing, Inc.

    18,951,116  
  358,109    

Microsoft Corp.

    47,972,282  
  225,493    

Visa, Inc. Class A

    39,134,310  
   

 

 

 
      140,010,304  
   

 

 

 
      Transportation - 7.0%  
  360,150    

Canadian National Railway Co.

    33,332,198  
  236,500    

Union Pacific Corp.

    39,994,515  
  303,947    

United Parcel Service, Inc. Class B

    31,388,607  
   

 

 

 
      104,715,320  
   

 

 

 
 

Total Common Stocks
(cost $1,048,485,106)

  $ 1,469,089,943  
   

 

 

 
SHORT-TERM INVESTMENTS - 1.2%  
      Other Investment Pools & Funds - 1.2%  
  17,888,784    

Fidelity Institutional Government Fund, Institutional Class, 2.27%(4)

  $ 17,888,784  
   

 

 

 
 

Total Short-Term Investments
(cost $17,888,784)

  $ 17,888,784  
   

 

 

 
 

Total Investments
(cost $1,066,373,890)

    99.5    $ 1,486,978,727  
 

Other Assets and Liabilities

    0.5      7,750,365  
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $     1,494,729,092  
   

 

 

    

 

 

 

 

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. These classifications are used for financial reporting purposes.

 

  

See “Glossary” for abbreviation descriptions.

 

*

Non-income producing.

 

(1) 

Investment valued using significant unobservable inputs.

 

(2) 

Investment in securities not registered under the Securities Act of 1933 (excluding securities acquired pursuant to Rule 144A and Regulation S). At the end of the period, the value of such restricted securities amounted to $377,604 or 0.0% of net assets.

 

Period
Acquired
    

Security Name

   Shares/
Par Value
     Base
Total Cost
     Base
Market Value
 
  08/2011      Allstar Co.      9,440,100      $     4,106,619      $     377,604  

 

(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, 2019, the aggregate fair value of this security was $377,604, which

 

 

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

 

 

  71  

 


Hartford Stock HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

  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.

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total      Level 1      Level 2      Level 3(1)  

Assets

 

Common Stocks

 

Banks

   $ 34,260,558      $ 34,260,558      $      $  

Capital Goods

     175,125,620        175,125,620                

Consumer Durables & Apparel

     61,189,694        61,189,694                

Consumer Services

     59,777,215        59,777,215                

Diversified Financials

     66,494,798        66,494,798                

Energy

     22,875,817        22,875,817                

Food & Staples Retailing

     39,203,499        39,203,499                

Food, Beverage & Tobacco

     138,170,410        101,920,676        36,249,734         

Health Care Equipment & Services

     175,003,353        175,003,353                

Household & Personal Products

     66,329,953        66,329,953                

Insurance

     72,623,859        72,623,859                

Materials

     76,413,375        76,413,375                

Pharmaceuticals, Biotechnology & Life Sciences

     79,397,860        79,397,860                

Real Estate

     87,959,974        87,959,974                

Retailing

     69,538,334        69,160,730               377,604  

Software & Services

     140,010,304        140,010,304                

Transportation

     104,715,320        104,715,320                

Short-Term Investments

     17,888,784        17,888,784                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     1,486,978,727      $     1,450,351,389      $     36,249,734      $     377,604  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, there were no transfers in and out of Level 3.

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, 2019 is not presented.

 

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

 

 

  72  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 27.5%  
      Asset-Backed - Automobile - 0.4%  
$     454,963    

CIG Automobile Receivables Trust 2.71%, 05/15/2023(1)

  $ 454,655  
    2,625,000    

Credit Acceptance Auto Loan Trust 2.65%, 06/15/2026(1)

    2,627,560  
    1,093,623    

Skopos Auto Receivables Trust 3.19%, 09/15/2021(1)

    1,094,149  
    4,810,000    

Westlake Automobile Receivables Trust 3.28%, 12/15/2022(1)

    4,855,204  
     

 

 

 
        9,031,568  
     

 

 

 
          Asset-Backed - Finance & Insurance - 10.8%  
    6,890,000    

Anchorage Capital CLO Ltd. 3 mo. USD LIBOR + 1.000%, 3.58%, 07/28/2028(1)(2)

    6,868,372  
    996,274    

Apidos CLO 3 mo. USD LIBOR + 0.980%, 3.57%, 01/19/2025(1)(2)

    996,091  
    6,700,000    

Atrium 3 mo. USD LIBOR + 0.830%, 3.42%, 04/22/2027(1)(2)

    6,685,742  
   

Avery Point CLO Ltd.

 

    5,786,560    

3 mo. USD LIBOR + 1.100%, 3.68%, 04/25/2026(1)(2)

    5,785,530  
    2,303,919    

3 mo. USD LIBOR + 1.120%, 3.72%, 01/18/2025(1)(2)

    2,306,801  
    1,445,061    

Babson CLO Ltd. 3 mo. USD LIBOR + 1.150%, 3.74%, 07/20/2025(1)(2)

    1,445,220  
    5,794,840    

Bayview Koitere Fund Trust 3.50%, 07/28/2057(1)(3)

    5,915,642  
   

Bayview Opportunity Master Fund Trust

 

    2,582,796    

3.50%, 01/28/2055(1)(3)

    2,628,524  
    3,005,335    

3.50%, 06/28/2057(3)

    3,059,271  
    3,918,731    

3.50%, 01/28/2058(1)(3)

    3,993,375  
    2,302,496    

4.00%, 11/28/2053(1)(3)

    2,373,355  
    4,604,616    

4.00%, 10/28/2064(1)(3)

    4,747,409  
    280,000    

Benefit Street Partners CLO Ltd. 3 mo. USD LIBOR + 0.800%, 3.40%, 10/18/2029(1)(2)

    279,860  
    681,667    

Cal Funding Ltd. 3.47%, 10/25/2027(1)

    688,114  
    7,890,000    

Carlyle Global Market Strategies CLO Ltd. 1 mo. USD LIBOR + 0.780%, 3.36%, 04/27/2027(1)(2)

    7,868,713  
    387,764    

CIFC Funding Ltd. 3 mo. USD LIBOR + 0.850%, 3.45%, 07/16/2030(1)(2)

    387,744  
    4,175,000    

Cirrus Funding Ltd. 4.80%, 01/25/2037(1)

    4,436,288  
    616,930    

Civic Mortgage LLC 3.89%, 06/25/2022(1)(4)

    615,630  
    3,242,250    

Domino’s Pizza Master Issuer LLC 4.12%, 07/25/2048(1)

    3,338,902  
    7,264,000    

Dryden Senior Loan Fund 3 mo. USD LIBOR + 0.820%, 3.34%, 11/15/2028(1)(2)

    7,235,031  
    2,950,000    

Eagle RE Ltd. 1 mo. USD LIBOR + 1.700%, 4.10%, 11/25/2028(1)(2)

    2,949,997  
    1,225,647    

Fieldstone Mortgage Investment Trust 1 mo. USD LIBOR + 0.270%, 2.67%, 05/25/2036(2)

    941,511  
    3,267,261    

First Franklin Mortgage Loan Trust 1 mo. USD LIBOR + 0.240%, 2.64%, 04/25/2036(2)

    3,055,139  
    3,413,617    

GSAMP Trust 1 mo. USD LIBOR + 0.090%, 2.49%, 01/25/2037(2)

    2,314,726  
    3,139,933    

Lendmark Funding Trust 2.83%, 12/22/2025(1)

    3,131,365  
    6,926,159    

Madison Park Funding Ltd. 3 mo. USD LIBOR + 1.260%, 3.85%, 07/20/2026(1)(2)

    6,934,076  
   

Magnetite Ltd.

 

    5,883,552    

3 mo. USD LIBOR + 1.000%, 3.58%, 07/25/2026(1)(2)

    5,887,947  
    6,595,000    

3 mo. USD LIBOR + 1.500%, 4.08%, 07/25/2026(1)(2)

    6,598,364  
    197,230    

Marlette Funding Trust 2.36%, 12/15/2024(1)

    197,156  
    4,489,090    

MFA Trust 3.35%, 11/25/2047(1)(4)

    4,469,713  
    4,450,000    

Neuberger Berman CLO Ltd. 3 mo. USD LIBOR + 0.800%, 3.40%, 01/15/2028(1)(2)

    4,427,843  
Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 27.5% - (continued)  
          Asset-Backed - Finance & Insurance - 10.8% - (continued)  
   

NRZ Advance Receivables Trust

 

$     6,250,000    

3.11%, 12/15/2050(1)

  $ 6,300,949  
    5,421,000    

3.21%, 02/15/2051(1)

    5,480,877  
   

NRZ Excess Spread-Collateralized Notes

 

    3,999,796    

3.19%, 01/25/2023(1)

    4,019,427  
    2,485,192    

3.27%, 02/25/2023(1)

    2,502,421  
    1,173,290    

Oak Hill Advisors Residential Loan Trust 3.00%, 06/25/2057(1)(4)

    1,171,114  
    6,780,000    

OCP CLO Ltd. 3 mo. USD LIBOR + 0.850%, 3.44%, 04/17/2027(1)(2)

    6,771,511  
    7,814,000    

OneMain Financial Issuance Trust 2.37%, 09/14/2032(1)

    7,798,701  
    3,280,000    

Radnor RE Ltd. 1 mo. USD LIBOR + 1.250%, 3.65%, 02/25/2029(1)(2)

    3,286,746  
    5,250,000    

SBA Tower Trust 2.90%, 10/15/2044(1)(4)

    5,249,932  
    1,135,984    

Seasoned Credit Risk Transfer Trust 3.50%, 08/25/2058

    1,196,304  
    443,523    

Securitized Asset Backed Receivables LLC Trust 1 mo. USD LIBOR + 0.090%, 2.49%, 07/25/2036(2)

    224,133  
    7,305,000    

Shackleton CLO Ltd. 3 mo. USD LIBOR + 1.020%, 3.61%, 07/17/2028(1)(2)

    7,286,007  
   

SoFi Consumer Loan Program LLC

 

    1,012,749    

2.50%, 05/26/2026(1)

    1,013,515  
    516,153    

2.77%, 05/25/2026(1)

    517,127  
    1,035,431    

3.05%, 12/26/2025(1)

    1,040,104  
    846,626    

3.09%, 10/27/2025(1)

    849,789  
    859,070    

3.28%, 01/26/2026(1)

    865,990  
    2,575,000    

Sound Point CLO Ltd. 3 mo. USD LIBOR + 1.390%, 3.98%, 01/23/2029(1)(2)

    2,579,638  
   

Springleaf Funding Trust

 

    8,130,000    

2.68%, 07/15/2030

    8,147,321  
    2,648,420    

2.90%, 11/15/2029(1)

    2,651,054  
    4,577,143    

SPS Servicer Advance Receivables Trust 2.75%, 11/15/2049(1)

    4,577,093  
    7,673,432    

Symphony CLO Ltd. 3 mo. USD LIBOR + 1.280%, 3.88%, 07/14/2026(1)(2)

    7,676,502  
   

Towd Point Mortgage Trust

 

    714,219    

2.75%, 02/25/2055(1)(3)

    716,815  
    7,318,952    

2.75%, 10/25/2056(1)(3)

    7,347,973  
    1,892,570    

2.75%, 04/25/2057(1)(3)

    1,895,770  
    5,184,249    

2.75%, 06/25/2057(1)(3)

    5,208,116  
    3,517,002    

2.75%, 07/25/2057

    3,527,238  
    7,660,000    

Treman Park CLO Ltd. 3 mo. USD LIBOR + 1.070%, 3.66%, 10/20/2028(1)(2)

    7,666,802  
    7,550,000    

Voya CLO Ltd. 3 mo. USD LIBOR + 0.900%, 3.50%, 01/18/2029(1)(2)

    7,501,695  
    2,048,800    

Wendy’s Funding LLC 3.88%, 03/15/2048(1)

    2,057,569  
    1,805,475    

Wingstop Funding LLC 4.97%, 12/05/2048(1)

    1,897,518  
     

 

 

 
        231,589,202  
     

 

 

 
      Asset-Backed - Home Equity - 0.8%  
   

GSAA Home Equity Trust

 

    5,765,704    

1 mo. USD LIBOR + 0.080%, 2.48%, 02/25/2037(2)

    2,816,117  
    3,384,082    

1 mo. USD LIBOR + 0.100%, 2.50%, 03/25/2037(2)

    1,578,503  
    2,485,076    

1 mo. USD LIBOR + 0.180%, 2.58%, 11/25/2036(2)

    1,072,771  
    107,285    

1 mo. USD LIBOR + 0.240%, 2.64%, 11/25/2036(2)

    58,855  
    620,228    

5.99%, 06/25/2036(3)

    282,268  
    7,302,804    

Legacy Mortgage Asset Trust 4.00%, 03/25/2058(1)(4)

    7,369,906  
 

 

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

 

 

  73  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 27.5% - (continued)  
      Asset-Backed - Home Equity - 0.8% - (continued)  
$     89,067    

Morgan Stanley Asset-Backed Securities Capital, Inc. Trust 1 mo. USD LIBOR + 0.150%, 2.55%, 06/25/2036(2)

  $ 72,773  
    1,436,594    

Morgan Stanley Mortgage Loan Trust 1 mo. USD LIBOR + 0.170%, 2.57%, 11/25/2036(2)

    587,807  
   

Soundview Home Loan Trust

 

    2,758,234    

1 mo. USD LIBOR + 0.180%, 2.58%, 07/25/2037(2)

    2,527,449  
    435,000    

1 mo. USD LIBOR + 0.250%, 2.65%, 11/25/2036(2)

    406,994  
     

 

 

 
        16,773,443  
     

 

 

 
          Collateralized - Mortgage Obligations - 0.1%  
    1,006,813    

Consumer Loan Underlying Bond Credit Trust 2.61%, 01/15/2024(1)

    1,004,761  
     

 

 

 
          Commercial Mortgage - Backed Securities - 5.3%  
   

Banc of America Commercial Mortgage Trust

 

    39,851,215    

0.88%, 11/15/2050(3)(5)

    2,073,068  
    4,695,447    

0.96%, 11/15/2054(3)(5)

    259,077  
    12,863,149    

Bank 1.05%, 05/15/2062(3)(5)

    949,729  
   

BBCMS Mortgage Trust

 

    28,758,651    

1.67%, 02/15/2050(3)(5)

    2,541,690  
    8,553,000    

1 mo. USD LIBOR + 0.850%, 3.24%, 08/15/2036(1)(2)

    8,539,638  
   

Benchmark Mortgage Trust

 

    11,982,198    

0.66%, 01/15/2051(3)(5)

    433,288  
    20,286,676    

0.69%, 07/15/2051(3)(5)

    739,151  
    2,920,000    

CAMB Commercial Mortgage Trust 3 mo. USD LIBOR + 2.550%, 4.94%, 12/15/2037(1)(2)

    2,947,349  
   

Citigroup Commercial Mortgage Trust

 

    21,551,766    

1.12%, 07/10/2047(3)(5)

    886,575  
    26,173,859    

1.24%, 04/10/2048(3)(5)

    1,179,899  
   

Commercial Mortgage Pass-Through Certificates

 

    7,366,120    

0.77%, 02/10/2047(3)(5)

    177,385  
    535,000    

4.24%, 02/10/2047(3)

    576,230  
   

Commercial Mortgage Trust

 

    4,037,508    

0.84%, 08/10/2046(3)(5)

    99,481  
    6,635,037    

2.08%, 07/10/2046(1)(3)(5)

    91,182  
    1,035,000    

2.54%, 12/10/2045

    1,043,414  
    948,544    

2.82%, 10/15/2045

    959,143  
    1,670,000    

2.85%, 10/15/2045

    1,686,283  
    1,145,000    

3.10%, 03/10/2046

    1,170,691  
    876,221    

3.21%, 03/10/2046

    901,402  
    6,780,000    

3.42%, 03/10/2031(1)

    7,059,587  
    1,260,000    

3.61%, 06/10/2046(3)

    1,318,683  
    1,199,384    

4.02%, 07/10/2045

    1,273,390  
    630,000    

4.07%, 02/10/2047(3)

    674,464  
    1,045,000    

4.21%, 08/10/2046(3)

    1,119,515  
    615,085    

4.37%, 07/10/2045(3)

    659,398  
    720,000    

4.72%, 10/15/2045(1)(3)

    181,548  
    1,920,000    

4.75%, 10/15/2045(1)(3)

    1,081,843  
    61,499    

Credit Suisse First Boston Mortgage Securities Corp. 4.88%, 04/15/2037

    60,173  
   

CSAIL Commercial Mortgage Trust

 

    61,943,253    

0.93%, 06/15/2057(3)(5)

    2,207,484  
    3,810,433    

1.16%, 11/15/2048(3)(5)

    165,020  
    11,320,648    

1.95%, 01/15/2049(3)(5)

    950,276  
    7,243,749    

DBUBS Mortgage Trust 0.89%, 11/10/2046(1)(3)(5)

    42,992  
    2,984,871    

Four Times Square Trust Commercial Mortgage Pass-Through Certificates 5.40%, 12/13/2028(1)

    3,094,068  
   

FREMF Mortgage Trust

 

    7,250,000    

1 mo. USD LIBOR + 0.320%, 2.72%, 02/25/2020(2)

    7,248,380  
    4,680,000    

3.16%, 10/25/2047(1)(3)

    4,671,978  
    5,485,000    

5.45%, 09/25/2043(1)(3)

    5,614,520  
Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 27.5% - (continued)  
          Commercial Mortgage - Backed Securities - 5.3% - (continued)  
$     1,042,701    

GE Business Loan Trust 1 mo. USD LIBOR + 1.000%, 3.39%, 05/15/2034(1)(2)

  $ 982,364  
    4,340,000    

GS Mortgage Securities Corp. 2.95%, 11/05/2034(1)

    4,427,727  
   

GS Mortgage Securities Trust

 

    45,217,449    

0.12%, 07/10/2046(3)(5)

    155,336  
    6,428,301    

1.50%, 08/10/2044(1)(3)(5)

    135,455  
    1,580,166    

3.67%, 04/10/2047(1)

    528,112  
    785,121    

4.07%, 01/10/2047

    837,060  
    2,215,000    

5.13%, 04/10/2047(1)(3)

    1,959,135  
   

JP Morgan Chase Commercial Mortgage Securities Trust

 

    2,185,000    

2.73%, 10/15/2045(1)(3)

    1,236,382  
    765,128    

2.84%, 12/15/2047

    778,071  
    1,290,924    

4.53%, 12/15/2047(1)(3)

    1,128,555  
   

JPMBB Commercial Mortgage Securities Trust

 

    23,132,705    

0.84%, 09/15/2047(3)(5)

    595,593  
    7,238,150    

0.91%, 05/15/2048(3)(5)

    195,216  
    949,896    

3.36%, 07/15/2045

    986,070  
   

Morgan Stanley Bank of America Merrill Lynch Trust

 

    1,522,999    

1.18%, 10/15/2048(3)(5)

    77,163  
    15,524,849    

1.24%, 12/15/2047(3)(5)

    506,778  
    1,530,000    

3.13%, 12/15/2048

    1,570,518  
    1,320,000    

3.18%, 08/15/2045

    1,350,973  
    795,172    

4.26%, 10/15/2046(3)

    852,855  
   

Morgan Stanley Capital Trust

 

    31,540,534    

0.52%, 09/15/2047(1)(3)(5)

    130,543  
    8,197,504    

1.60%, 06/15/2050(3)(5)

    639,786  
    4,920,000    

3.47%, 08/11/2033(1)

    5,042,251  
    1,460,000    

5.28%, 07/15/2049(1)(3)

    1,310,247  
    79,696    

5.77%, 10/12/2052(1)(3)

    19,924  
    2,475,000    

MTRO Commercial Mortgage Trust 1 mo. USD LIBOR + 1.800%, 4.19%, 12/15/2033(1)(2)

    2,477,323  
    3,830,000    

Oaktown Re II Ltd. 3 mo. USD LIBOR + 1.550%, 3.95%, 07/25/2028(1)(2)

    3,827,200  
    790,000    

SFAVE Commercial Mortgage Securities Trust 3.87%, 01/05/2043(1)(3)

    818,859  
    4,667,417    

UBS Commercial Mortgage Trust 1.24%, 08/15/2050(3)(5)

    317,755  
   

UBS-Barclays Commercial Mortgage Trust

 

    790,000    

2.85%, 12/10/2045

    803,933  
    2,295,000    

3.09%, 08/10/2049

    2,347,911  
    2,065,000    

3.19%, 03/10/2046

    2,125,630  
    775,000    

3.24%, 04/10/2046

    800,056  
   

Wells Fargo Commercial Mortgage Trust

 

    20,993,994    

1.28%, 05/15/2048(3)(5)

    904,075  
    1,161,256    

2.92%, 10/15/2045

    1,185,406  
    430,000    

4.24%, 05/15/2048(3)

    418,658  
   

WF-RBS Commercial Mortgage Trust

 

    255,115    

2.88%, 12/15/2045

    259,413  
    1,215,000    

3.00%, 08/15/2045

    1,238,829  
    1,150,000    

3.07%, 03/15/2045

    1,177,982  
    450,000    

3.35%, 05/15/2045

    463,654  
    990,000    

3.72%, 05/15/2047

    1,042,745  
    230,000    

4.05%, 03/15/2047

    245,840  
    1,095,000    

4.15%, 08/15/2046(3)

    1,167,569  
    710,000    

5.00%, 06/15/2044(1)(3)

    567,634  
    790,000    

5.77%, 04/15/2045(1)(3)

    827,214  
     

 

 

 
        113,141,794  
     

 

 

 
          Other ABS - 1.3%  
    7,234,524    

Galaxy XXIX CLO Ltd. 3 mo. USD LIBOR + 0.790%, 3.31%, 11/15/2026(1)(2)

    7,216,857  
    6,129,764    

Seasoned Credit Risk Transfer Trust 3.50%, 03/25/2058

    6,240,866  
    2,252,485    

Vericrest Opportunity Loan Trust 3.97%, 03/25/2049(1)(4)

    2,268,756  
 

 

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

 

 

  74  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 27.5% - (continued)  
          Other ABS - 1.3% - (continued)  
$     1,039,630    

VOLT LXII LLC 3.13%, 09/25/2047(1)(4)

  $ 1,038,694  
    4,455,100    

VOLT LXIV LLC 3.38%, 10/25/2047(1)(4)

    4,469,025  
    2,775,385    

VOLT LXVI LLC 4.34%, 05/25/2048(1)(4)

    2,800,336  
    4,295,506    

VOLT LXXIII LLC 4.46%, 10/25/2048(1)(4)

    4,335,653  
     

 

 

 
        28,370,187  
     

 

 

 
          Whole Loan Collateral CMO - 8.8%  
   

Alternative Loan Trust

 

    1,025,513    

1 mo. USD LIBOR + 0.320%, 2.72%, 11/25/2035(2)

    953,404  
    221,968    

1 mo. USD LIBOR + 0.540%, 2.94%, 01/25/2036(2)

    215,612  
    1,016,967    

5.75%, 05/25/2036

    737,820  
    1,822,457    

Angel Oak Mortgage Trust LLC 3.63%, 03/25/2049(1)(3)

    1,846,007  
    7,230,448    

Arroyo Mortgage Trust 3.35%, 04/25/2049(1)(3)

    7,332,549  
   

Banc of America Funding Trust

 

    1,268,884    

1 mo. USD LIBOR + 0.300%, 2.68%, 05/20/2047(2)

    1,216,091  
    4,052,365    

5.77%, 05/25/2037(3)

    3,995,041  
    153,736    

5.85%, 01/25/2037(4)

    153,491  
    932,243    

BCAP LLC Trust 1 mo. USD LIBOR + 0.180%, 2.58%, 03/25/2037(2)

    919,236  
    362,113    

Bear Stearns Adjustable Rate Mortgage Trust 12 mo. USD CMT + 2.300%, 4.73%, 10/25/2035(2)

    370,870  
    1,162,143    

Bear Stearns Alt-A Trust 1 mo. USD LIBOR + 0.500%, 2.90%, 01/25/2036(2)

    1,231,110  
    425,599    

Bear Stearns Mortgage Funding Trust 1 mo. USD LIBOR + 0.180%, 2.58%, 10/25/2036(2)

    401,722  
   

Bellemeade Re Ltd.

 

    5,759,000    

1 mo. USD LIBOR + 1.200%, 3.60%, 10/25/2027(1)(2)

    5,758,995  
    4,602,014    

1 mo. USD LIBOR + 1.300%, 3.70%, 03/25/2029(1)(2)

    4,602,014  
   

CHL Mortgage Pass-Through Trust

 

    515,057    

3.86%, 11/20/2035(3)

    467,817  
    2,232,457    

4.03%, 09/25/2047(3)

    2,106,847  
    5,412,155    

CIM Trust 3.00%, 04/25/2057(1)(3)

    5,449,005  
    4,485,000    

Colombia Cent CLO Ltd. 3 mo. USD LIBOR + 1.150%, 3.73%, 10/25/2028(1)(2)

    4,487,655  
    3,598,575    

COLT Mortgage Loan Trust 3.34%, 05/25/2049(1)(3)

    3,655,668  
    1,918,713    

Credit Suisse First Boston Mortgage Securities Corp. 5.50%, 06/25/2035

    1,866,500  
    2,457,248    

CSMC Trust 3.25%, 04/25/2047(1)(3)

    2,461,200  
    1,043,675    

Deephaven Residential Mortgage Trust 2.45%, 06/25/2047(1)(3)

    1,042,990  
   

Fannie Mae Connecticut Avenue Securities

 

    2,025,000    

1 mo. USD LIBOR + 3.550%, 5.95%, 07/25/2029(2)

    2,143,393  
    4,052,222    

1 mo. USD LIBOR + 4.350%, 6.75%, 05/25/2029(2)

    4,324,949  
    1,233,960    

1 mo. USD LIBOR + 4.900%, 7.30%, 11/25/2024(2)

    1,360,871  
    673,916    

1 mo. USD LIBOR + 5.700%, 8.10%, 04/25/2028(2)

    748,387  
    584,173    

1 mo. USD LIBOR + 6.000%, 8.40%, 09/25/2028(2)

    645,623  
    29,704    

GMACM Mortgage Loan Trust 4.21%, 04/19/2036(3)

    27,048  
   

GSR Mortgage Loan Trust

 

    1,224,831    

1 mo. USD LIBOR + 0.300%, 2.70%, 01/25/2037(2)

    624,152  
    2,007,615    

4.40%, 01/25/2036(3)

    2,026,770  
Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 27.5% - (continued)  
          Whole Loan Collateral CMO - 8.8% - (continued)  
   

HarborView Mortgage Loan Trust

 

$     1,082,095    

1 mo. USD LIBOR + 0.190%, 2.58%, 01/19/2038(2)

  $ 1,033,489  
    3,842,724    

1 mo. USD LIBOR + 0.240%, 2.63%, 12/19/2036(2)

    3,602,088  
    3,060,000    

Home Re Ltd. 1 mo. USD LIBOR + 1.600%, 4.03%, 10/25/2028(1)(2)

    3,054,855  
    1,166,151    

IndyMac Index Mortgage Loan Trust 3.98%, 03/25/2036(3)

    1,064,262  
    280,247    

JP Morgan Mortgage Trust 4.49%, 04/25/2037(3)

    262,284  
    2,735,000    

LCM XX L.P. 3 mo. USD LIBOR + 1.040%, 3.63%, 10/20/2027(1)(2)

    2,740,415  
    1,248,939    

Lehman XS Trust 1 mo. USD LIBOR + 0.210%, 2.61%, 07/25/2046(2)

    1,226,860  
   

LSTAR Securities Investment Ltd.

 

    2,317,348    

1 mo. USD LIBOR + 1.500%, 3.94%, 04/01/2024(1)(2)

    2,316,327  
    5,189,927    

1 mo. USD LIBOR + 1.500%, 3.94%, 05/01/2024(1)(2)

    5,192,189  
   

LSTAR Securities Investment Trust

 

    830,726    

1 mo. USD LIBOR + 1.500%, 3.94%, 04/01/2024(1)(2)

    830,259  
    2,826,912    

1 mo. USD LIBOR + 1.700%”, 4.14%, 03/01/2024(1)(2)

    2,832,724  
    453,688    

MASTR Adjustable Rate Mortgages Trust 4.66%, 11/21/2034(3)

    470,978  
    1,241,616    

MFA Trust 2.59%, 02/25/2057(1)(3)

    1,238,968  
   

New Residential Mortgage Loan Trust

 

    5,995,893    

1 mo. USD LIBOR + 0.750%, 3.15%, 01/25/2048(1)(2)

    5,991,726  
    4,272,664    

3.75%, 11/26/2035(1)(3)

    4,412,557  
    3,849,941    

3.75%, 11/25/2056(1)(3)

    3,974,881  
    4,824,407    

1 mo. USD LIBOR + 1.500%, 3.90%, 06/25/2057(1)(2)

    4,905,505  
    7,152,194    

4.00%, 02/25/2057(1)(3)

    7,442,075  
    7,004,186    

4.00%, 03/25/2057(1)(3)

    7,314,030  
    5,566,782    

4.00%, 04/25/2057(1)(3)

    5,792,615  
    4,486,224    

4.00%, 05/25/2057(1)(3)

    4,687,852  
    5,941,941    

4.00%, 08/27/2057(1)(3)

    6,167,561  
    2,543,220    

4.00%, 12/25/2057(1)

    2,636,864  
    7,485,000    

OZLM Ltd. 3 mo. USD LIBOR + 1.050%, 3.63%, 04/30/2027(1)(2)

    7,472,036  
    3,377,014    

PMT Credit Risk Transfer Trust 1 mo. USD LIBOR + 2.000%, 4.43%, 03/27/2024(1)(2)

    3,379,994  
    1,322,551    

RBSGC Mortgage Loan Trust 6.25%, 01/25/2037

    1,313,944  
   

Residential Accredit Loans, Inc.

 

    3,162,670    

3.75%, 11/25/2037(3)

    2,919,118  
    815,387    

6.00%, 12/25/2035

    802,352  
   

Seasoned Credit Risk Transfer Trust

 

    2,163,178    

3.50%, 11/25/2057

    2,280,186  
    5,732,037    

3.50%, 07/25/2058

    6,033,948  
    1,404,158    

Structured Agency Credit Risk Trust 1 mo. USD LIBOR + 1.650%, 4.05%, 04/25/2043(1)(2)

    1,405,312  
   

Towd Point Mortgage Trust

 

    3,162,802    

2.25%, 04/25/2056(1)(3)

    3,144,428  
    2,819,933    

2.75%, 08/25/2055(1)(3)

    2,836,134  
    554,142    

3.00%, 03/25/2054(1)(3)

    555,711  
    6,063,872    

1 mo. USD LIBOR + 0.600%, 3.00%, 02/25/2057(1)(2)

    6,044,565  
   

WaMu Mortgage Pass-Through Certificates Trust

 

    682,099    

1 mo. USD LIBOR + 0.420%, 2.82%, 06/25/2044(2)

    676,781  
    3,251,246    

12 mo. USD MTA + 0.820%, 3.30%, 12/25/2046(2)

    2,995,435  
    1,223,701    

3.74%, 06/25/2037(3)

    1,160,523  
 

 

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

 

 

  75  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 27.5% - (continued)  
          Whole Loan Collateral CMO - 8.8% - (continued)  
$     45,379,837    

Wells Fargo Commercial Mortgage Trust 1.29%, 09/15/2057(3)(5)

  $ 1,885,305  
     

 

 

 
        187,269,973  
     

 

 

 
   

Total Asset & Commercial Mortgage Backed Securities
(cost $584,574,166)

  $ 587,180,928  
     

 

 

 
CORPORATE BONDS - 29.4%  
          Aerospace/Defense - 0.4%  
    822,000    

Lockheed Martin Corp. 4.09%, 09/15/2052

  $ 914,567  
   

United Technologies Corp.

 

    140,000    

2.80%, 05/04/2024

    141,846  
    4,615,000    

3.65%, 08/16/2023

    4,833,249  
    1,565,000    

3.95%, 08/16/2025

    1,687,698  
    400,000    

4.63%, 11/16/2048

    466,460  
     

 

 

 
        8,043,820  
     

 

 

 
          Agriculture - 0.8%  
   

Altria Group, Inc.

 

    405,000    

2.63%, 09/16/2026

    388,474  
    2,045,000    

2.85%, 08/09/2022

    2,066,601  
    750,000    

3.80%, 02/14/2024

    781,814  
    765,000    

3.88%, 09/16/2046

    679,742  
    810,000    

4.40%, 02/14/2026

    866,741  
    4,000,000    

5.80%, 02/14/2039

    4,494,548  
    2,265,000    

5.95%, 02/14/2049

    2,585,263  
   

BAT Capital Corp.

 

    320,000    

3.22%, 08/15/2024

    322,102  
    3,025,000    

4.39%, 08/15/2037

    2,866,514  
    1,300,000    

Imperial Brands Finance plc 3.75%, 07/21/2022(1)

    1,338,369  
     

 

 

 
        16,390,168  
     

 

 

 
          Airlines - 0.1%  
   

Delta Air Lines, Inc.

 

    765,000    

3.63%, 03/15/2022

    778,057  
    1,160,000    

3.80%, 04/19/2023

    1,190,833  
     

 

 

 
        1,968,890  
     

 

 

 
          Auto Manufacturers - 0.3%  
    635,000    

Ford Motor Co. 5.29%, 12/08/2046

    590,653  
   

Ford Motor Credit Co. LLC

 

    540,000    

3.82%, 11/02/2027

    516,266  
    545,000    

5.11%, 05/03/2029

    556,586  
   

General Motors Co.

 

    515,000    

5.20%, 04/01/2045

    491,791  
    630,000    

5.95%, 04/01/2049

    660,052  
    1,000,000    

6.25%, 10/02/2043

    1,064,510  
    1,035,000    

6.75%, 04/01/2046

    1,168,119  
   

General Motors Financial Co., Inc.

 

    500,000    

3.70%, 05/09/2023

    507,270  
    1,760,000    

3.95%, 04/13/2024

    1,798,124  
     

 

 

 
        7,353,371  
     

 

 

 
          Auto Parts & Equipment - 0.0%  
    450,000    

Adient Global Holdings Ltd. 4.88%, 08/15/2026(1)(6)

    357,750  
    290,000    

Goodyear Tire & Rubber Co. 5.00%, 05/31/2026(6)

    285,650  
     

 

 

 
        643,400  
     

 

 

 
          Beverages - 0.9%  
    70,000    

Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide, Inc. 4.70%, 02/01/2036

    76,788  
   

Anheuser-Busch InBev Worldwide, Inc.

 

    2,549,000    

3.75%, 07/15/2042

    2,429,370  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 29.4% - (continued)  
          Beverages - 0.9% - (continued)  
$     1,125,000    

4.15%, 01/23/2025

  $ 1,218,626  
    1,145,000    

4.60%, 04/15/2048

    1,225,547  
    1,575,000    

4.75%, 04/15/2058

    1,665,636  
    7,394,000    

5.45%, 01/23/2039

    8,799,340  
   

Constellation Brands, Inc.

 

    1,275,000    

2.65%, 11/07/2022

    1,279,340  
    1,170,000    

4.40%, 11/15/2025

    1,274,332  
    2,003,000    

4.75%, 12/01/2025

    2,212,338  
     

 

 

 
        20,181,317  
     

 

 

 
          Biotechnology - 0.1%  
    1,315,000    

Amgen, Inc. 2.65%, 05/11/2022

    1,325,005  
    90,000    

Gilead Sciences, Inc. 3.25%, 09/01/2022

    92,501  
     

 

 

 
    1,417,506  
 

 

 

 
      Chemicals - 0.7%  
    290,000    

Chemours Co. 5.38%, 05/15/2027

    276,225  
 

DuPont de Nemours, Inc.

 

    3,495,000    

4.21%, 11/15/2023

    3,741,163  
    2,300,000    

4.73%, 11/15/2028

    2,604,463  
 

Methanex Corp.

 

    1,590,000    

4.25%, 12/01/2024

    1,620,234  
    531,000    

5.65%, 12/01/2044

    510,002  
    455,000    

Nutrien Ltd. 4.20%, 04/01/2029

    492,005  
    290,000    

Olin Corp. 5.13%, 09/15/2027

    297,613  
    1,990,000    

SABIC Capital II B.V. 4.00%, 10/10/2023(1)

    2,067,113  
    1,830,000    

Sherwin-Williams Co. 3.45%, 06/01/2027

    1,883,398  
    1,810,000    

Syngenta Finance N.V. 4.89%, 04/24/2025(1)

    1,889,013  
    265,000    

Versum Materials, Inc. 5.50%, 09/30/2024(1)

    283,881  
     

 

 

 
    15,665,110  
 

 

 

 
      Commercial Banks - 8.0%  
 

Banco Bilbao Vizcaya Argentaria S.A.

 

    3,200,000    

5 year USD Swap + 3.870%, 6.13%, 11/16/2027(2)(6)(7)

    3,012,000  
EUR     400,000    

5 year EUR Swap + 9.177%, 8.88%, 04/14/2021(2)(7)(8)

    506,578  
    2,400,000    

Banco de Sabadell S.A. 5 year EUR Swap + 6.414%, 6.50%, 05/18/2022(2)(7)(8)

    2,720,395  
 

Bank of America Corp.

 

$     730,000    

3 mo. USD LIBOR + 1.160%, 3.12%, 01/20/2023(2)

    740,818  
    6,005,000    

3 mo. USD LIBOR + 0.810%, 3.37%, 01/23/2026(2)

    6,196,505  
    4,620,000    

3 mo. USD LIBOR + 1.512%, 3.71%, 04/24/2028(2)

    4,854,243  
    1,205,000    

3 mo. USD LIBOR + 0.940%, 3.86%, 07/23/2024(2)

    1,265,649  
    1,785,000    

3 mo. USD LIBOR + 1.210%, 3.97%, 02/07/2030(2)

    1,913,345  
    1,020,000    

4.00%, 01/22/2025

    1,072,843  
    1,385,000    

4.20%, 08/26/2024

    1,472,257  
    2,925,000    

7.75%, 05/14/2038

    4,316,907  
 

Barclays plc

 

    1,565,000    

3 mo. USD LIBOR + 1.610%, 3.93%, 05/07/2025(2)

    1,592,760  
    250,000    

5 year USD Swap + 6.772%, 7.88%, 03/15/2022(2)(7)(8)

    261,563  
 

BNP Paribas S.A.

 

    1,505,000    

5 year USD Swap + 2.838%, 5.13%, 11/15/2027(1)(2)(7)

    1,429,750  
    500,000    

5 year USD Swap + 5.150%, 7.38%, 08/19/2025(1)(2)(7)

    555,625  
    1,940,000    

5 year USD Swap + 6.314%, 7.63%, 03/30/2021(1)(2)(7)

    2,053,975  
    1,245,000    

BPCE S.A. 3.00%, 05/22/2022(1)

    1,256,295  
 

 

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

 

 

  76  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 29.4% - (continued)  
      Commercial Banks - 8.0% - (continued)  
EUR     400,000    

Caixa Geral de Depositos S.A. 5 year EUR Swap + 10.925%, 10.75%, 03/30/2022(2)(7)(8)

  $ 528,183  
    1,200,000    

CaixaBank S.A. 5 year EUR Swap + 6.498%, 6.75%, 06/13/2024(2)(7)(8)

    1,473,499  
$     1,725,000    

Capital One Financial Corp. 3.90%, 01/29/2024

    1,812,876  
 

Citigroup, Inc.

 

    2,360,000    

3.20%, 10/21/2026

    2,406,830  
    2,475,000    

3 mo. USD LIBOR + 0.897%, 3.35%, 04/24/2025(2)

    2,556,624  
    1,085,000    

3 mo. USD LIBOR + 1.151%, 3.52%, 10/27/2028(2)

    1,119,030  
    2,960,000    

3 mo. USD LIBOR + 1.100%, 3.63%, 05/17/2024(2)

    2,987,982  
    5,135,000    

3 mo. USD LIBOR + 1.338%, 3.98%, 03/20/2030(2)

    5,484,576  
    1,025,000    

3 mo. USD LIBOR + 1.192%, 4.08%, 04/23/2029(2)

    1,101,114  
    940,000    

4.45%, 09/29/2027

    1,012,760  
    111,000    

4.65%, 07/30/2045

    127,855  
    4,000,000    

Credit Agricole S.A. 5 year USD Swap + 6.185%, 8.13%, 12/23/2025(1)(2)(7)

    4,625,936  
 

Credit Suisse Group AG

 

    4,110,000    

5 year USD Swap + 3.455%, 6.25%, 12/18/2024(1)(2)(7)

    4,279,537  
    275,000    

5 year USD Swap + 4.600%, 7.50%, 07/17/2023(1)(2)(7)

    293,719  
 

Danske Bank A/S

 

    1,890,000    

5.00%, 01/12/2022(1)

    1,977,030  
    1,970,000    

5.38%, 01/12/2024(1)

    2,129,310  
EUR     650,000    

5 year EUR Swap + 5.471%, 5.88%, 04/06/2022(2)(7)(8)

    779,766  
$     1,400,000    

DNB Bank ASA 5 year USD Swap + 5.080%, 6.50%, 03/26/2022(2)(7)(8)

    1,476,776  
 

Goldman Sachs Group, Inc.

 

    2,235,000    

3 mo. USD LIBOR + 0.821%, 2.88%, 10/31/2022(2)

    2,253,492  
    965,000    

3 mo. USD LIBOR + 0.990%, 2.91%, 07/24/2023(2)

    974,332  
    4,430,000    

3 mo. USD LIBOR + 1.510%, 3.69%, 06/05/2028(2)

    4,575,157  
    3,860,000    

3 mo. USD LIBOR + 1.158%, 3.81%, 04/23/2029(2)

    4,034,336  
    375,000    

3 mo. USD LIBOR + 1.373%, 4.02%, 10/31/2038(2)

    387,310  
    1,250,000    

3 mo. USD LIBOR + 1.301%, 4.22%, 05/01/2029(2)

    1,340,635  
    65,000    

6.25%, 02/01/2041

    87,154  
    1,890,000    

6.75%, 10/01/2037

    2,472,025  
 

HSBC Holdings plc

 

    1,305,000    

2.95%, 05/25/2021

    1,316,473  
    2,370,000    

3.40%, 03/08/2021

    2,406,446  
    1,200,000    

3 mo. USD LIBOR + 1.535%, 4.58%, 06/19/2029(2)

    1,312,394  
    2,925,000    

5 year USD ICE Swap + 3.746%, 6.00%, 05/22/2027(2)(7)

    2,990,812  
 

Intesa Sanpaolo S.p.A.

 

    1,015,000    

3.38%, 01/12/2023(1)

    1,011,357  
    1,480,000    

5 year USD Swap + 5.462%, 7.70%, 09/17/2025(1)(2)(6)(7)

    1,454,100  
EUR     1,375,000    

5 year EUR Swap + 7.192%, 7.75%, 01/11/2027(2)(7)(8)

    1,759,746  
 

JP Morgan Chase & Co.

 

$     815,000    

2.40%, 06/07/2021

    817,198  
    2,665,000    

3 mo. USD LIBOR + 1.155%, 3.22%, 03/01/2025(2)

    2,740,413  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 29.4% - (continued)  
      Commercial Banks - 8.0% - (continued)  
$     2,500,000    

3 mo. USD LIBOR + 0.945%, 3.51%, 01/23/2029(2)

  $ 2,599,089  
    2,115,000    

3 mo. USD LIBOR + 1.160%, 3.70%, 05/06/2030(2)

    2,229,993  
    1,990,000    

3 mo. USD LIBOR + 0.890%, 3.80%, 07/23/2024(2)

    2,087,025  
    955,000    

3 mo. USD LIBOR + 1.230%, 3.81%, 10/24/2023(2)

    969,435  
    4,480,000    

3 mo. USD LIBOR + 1.245%, 3.96%, 01/29/2027(2)

    4,792,245  
    2,230,000    

3 mo. USD LIBOR + 1.120%, 4.01%, 04/23/2029(2)

    2,405,558  
 

Morgan Stanley

 

    2,725,000    

2.50%, 04/21/2021

    2,730,105  
    1,450,000    

2.75%, 05/19/2022

    1,465,212  
    4,895,000    

3 mo. USD LIBOR + 1.340%, 3.59%, 07/22/2028(2)

    5,096,919  
    2,120,000    

3.63%, 01/20/2027

    2,225,017  
    1,090,000    

3.95%, 04/23/2027

    1,140,112  
    2,775,000    

4.00%, 07/23/2025

    2,972,316  
    4,085,000    

Royal Bank of Canada 2.80%, 04/29/2022

    4,149,377  
    260,000    

Royal Bank of Scotland Group plc 5 year USD Swap + 7.598%, 8.63%, 08/15/2021(2)(7)

    280,215  
    1,825,000    

Santander Holdings USA, Inc. 3.70%, 03/28/2022

    1,869,270  
 

Societe Generale S.A.

 

    2,200,000    

5 year USD Swap + 6.238%, 7.38%, 09/13/2021(1)(2)(7)

    2,312,860  
    375,000    

5 year USD ICE Swap + 5.873%, 8.00%, 09/29/2025(1)(2)(7)

    413,438  
    1,950,000    

Standard Chartered plc 5 year USD Swap + 6.301%, 7.50%, 04/02/2022(2)(7)(8)

    2,062,125  
 

UBS Group Funding Switzerland AG

 

    1,273,000    

2.65%, 02/01/2022(1)

    1,279,320  
    3,050,000    

5 year USD ICE Swap + 5.497%, 6.88%, 03/22/2021(2)(7)(8)

    3,172,000  
    1,050,000    

3 mo. USD LIBOR + 4.344%, 7.00%, 01/31/2024(1)(2)(7)

    1,115,436  
 

UniCredit S.p.A.

 

EUR     1,215,000    

5 year EUR Swap + 4.925%, 5.38%, 06/03/2025(2)(7)(8)

    1,257,235  
$     2,685,000    

6.57%, 01/14/2022(1)

    2,854,309  
    625,000    

5 year USD Swap + 5.180%, 8.00%, 06/03/2024(2)(7)(8)

    603,556  
 

Wells Fargo & Co.

 

    1,795,000    

2.63%, 07/22/2022

    1,807,956  
    1,655,000    

3.00%, 04/22/2026

    1,673,112  
    665,000    

3.00%, 10/23/2026

    671,877  
    4,800,000    

3.07%, 01/24/2023

    4,874,733  
    2,485,000    

3 mo. USD LIBOR + 1.310%, 3.58%, 05/22/2028(2)

    2,594,522  
    2,885,000    

3.75%, 01/24/2024

    3,033,176  
    295,000    

4.90%, 11/17/2045

    342,612  
    890,000    

5.61%, 01/15/2044

    1,112,217  
     

 

 

 
        171,520,663  
     

 

 

 
          Commercial Services - 0.6%  
    6,128,000    

Acwa Power Management And Investments One Ltd. 5.95%, 12/15/2039(1)

    6,342,480  
   

Ashtead Capital, Inc.

 

    200,000    

4.13%, 08/15/2025(1)

    202,500  
    200,000    

4.38%, 08/15/2027(1)

    200,250  
    5,325,000    

IHS Markit Ltd. 4.13%, 08/01/2023

    5,535,870  
    100,000    

Service Corp. International 5.13%, 06/01/2029

    105,250  
 

 

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

 

 

  77  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 29.4% - (continued)  
          Commercial Services - 0.6% - (continued)  
$     400,000    

United Rentals North America, Inc. 5.50%, 07/15/2025

  $ 416,500  
     

 

 

 
        12,802,850  
     

 

 

 
          Construction Materials - 0.0%  
   

Standard Industries, Inc.

 

    60,000    

5.38%, 11/15/2024(1)

    62,100  
    930,000    

6.00%, 10/15/2025(1)

    986,962  
     

 

 

 
        1,049,062  
     

 

 

 
          Diversified Financial Services - 0.2%  
    2,425,000    

American Express Co. 3.40%, 02/27/2023

    2,510,418  
   

Navient Corp.

 

    460,000    

5.88%, 03/25/2021

    477,825  
    390,000    

7.25%, 01/25/2022

    420,713  
     

 

 

 
        3,408,956  
     

 

 

 
          Electric - 1.1%  
   

AES Corp.

 

    220,000    

4.50%, 03/15/2023

    226,050  
    330,000    

4.88%, 05/15/2023

    335,788  
    50,000    

5.13%, 09/01/2027

    52,750  
    1,180,000    

Berkshire Hathaway Energy Co. 3.25%, 04/15/2028

    1,218,982  
    580,000    

Dominion Energy South Carolina, Inc. 4.25%, 08/15/2028

    645,630  
    1,120,000    

DTE Energy Co. 1.50%, 10/01/2019

    1,117,278  
    1,525,000    

Duke Energy Carolinas LLC 4.25%, 12/15/2041

    1,676,015  
    970,000    

Duke Energy Florida LLC 3.40%, 10/01/2046

    947,054  
    1,495,000    

Duke Energy Progress LLC 4.38%, 03/30/2044

    1,669,192  
   

Exelon Corp.

 

    2,275,000    

2.85%, 06/15/2020

    2,282,206  
    2,745,000    

3.95%, 06/15/2025

    2,913,710  
    645,000    

Fortis, Inc. 2.10%, 10/04/2021

    639,481  
    1,465,000    

IPALCO Enterprises, Inc. 3.70%, 09/01/2024

    1,516,504  
    2,580,000    

NextEra Energy Capital Holdings, Inc. 3.15%, 04/01/2024

    2,652,497  
    565,000    

Oncor Electric Delivery Co. LLC 5.75%, 03/15/2029

    698,441  
    1,820,000    

Public Service Enterprise Group, Inc. 2.88%, 06/15/2024

    1,843,448  
   

Southern Co.

 

    625,000    

2.95%, 07/01/2023

    634,360  
    1,495,000    

3.25%, 07/01/2026

    1,518,303  
     

 

 

 
        22,587,689  
     

 

 

 
          Electronics - 0.0%  
    910,000    

Fortive Corp. 2.35%, 06/15/2021

    908,195  
     

 

 

 
          Engineering & Construction - 0.8%  
    2,250,000    

Fluor Corp. 4.25%, 09/15/2028

    2,326,941  
    4,250,000    

International Airport Finance S.A. 12.00%, 03/15/2033(1)(6)

    4,717,500  
   

SBA Tower Trust

 

    4,815,000    

3.17%, 04/09/2047(1)

    4,851,370  
    4,540,000    

3.45%, 03/15/2048(1)

    4,668,020  
     

 

 

 
        16,563,831  
     

 

 

 
          Entertainment - 0.1%  
   

GLP Capital L.P. / GLP Financing II, Inc.

 

    1,260,000    

5.30%, 01/15/2029

    1,357,965  
    275,000    

5.38%, 04/15/2026

    297,399  
   

WMG Acquisition Corp.

 

    445,000    

4.88%, 11/01/2024(1)

    455,568  
    260,000    

5.00%, 08/01/2023(1)

    265,200  
     

 

 

 
        2,376,132  
     

 

 

 
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 29.4% - (continued)  
          Environmental Control - 0.1%  
   

Clean Harbors, Inc.

 

$     144,000    

4.88%, 07/15/2027(1)(9)

  $ 146,354  
    116,000    

5.13%, 07/15/2029(1)(9)

    118,320  
   

Waste Management, Inc.

 

    1,100,000    

3.20%, 06/15/2026

    1,144,291  
    430,000    

3.45%, 06/15/2029

    453,251  
     

 

 

 
        1,862,216  
     

 

 

 
          Food - 0.5%  
   

Conagra Brands, Inc.

 

    775,000    

4.30%, 05/01/2024

    822,145  
    240,000    

4.60%, 11/01/2025

    261,265  
   

Kraft Heinz Foods Co.

 

    3,680,000    

3.00%, 06/01/2026

    3,580,961  
    150,000    

4.38%, 06/01/2046

    142,518  
    5,270,000    

NBM U.S. Holdings, Inc. 7.00%, 05/14/2026(1)

    5,541,405  
    285,000    

TreeHouse Foods, Inc. 6.00%, 02/15/2024(1)

    296,400  
     

 

 

 
        10,644,694  
     

 

 

 
          Food Service - 0.0%  
    585,000    

Aramark Services, Inc. 5.00%, 02/01/2028(1)

    601,819  
     

 

 

 
          Forest Products & Paper - 0.4%  
   

Suzano Austria GmbH

 

    6,485,000    

5.00%, 01/15/2030(1)

    6,576,114  
    2,390,000    

6.00%, 01/15/2029(1)

    2,605,100  
     

 

 

 
        9,181,214  
     

 

 

 
          Gas - 0.1%  
   

AmeriGas Partners L.P. / AmeriGas Finance Corp.

 

    70,000    

5.63%, 05/20/2024

    74,550  
    375,000    

5.88%, 08/20/2026

    397,500  
    1,445,000    

Sempra Energy 2.40%, 02/01/2020

    1,444,590  
     

 

 

 
        1,916,640  
     

 

 

 
          Healthcare - Products - 0.4%  
   

Becton Dickinson and Co.

 

    3,925,000    

3.36%, 06/06/2024

    4,042,484  
    1,079,000    

3.70%, 06/06/2027

    1,126,668  
    2,235,000    

Boston Scientific Corp. 4.00%, 03/01/2028

    2,407,216  
    855,000    

Thermo Fisher Scientific, Inc. 3.00%, 04/15/2023

    876,756  
     

 

 

 
        8,453,124  
     

 

 

 
          Healthcare - Services - 0.9%  
    700,000    

Aetna, Inc. 2.80%, 06/15/2023

    704,208  
   

Anthem, Inc.

 

    2,115,000    

3.50%, 08/15/2024

    2,196,439  
    965,000    

3.65%, 12/01/2027

    1,003,150  
    410,000    

4.63%, 05/15/2042

    446,312  
   

Cigna Corp.

 

    795,000    

4.13%, 11/15/2025(1)

    846,628  
    7,480,000    

4.38%, 10/15/2028(1)

    8,069,912  
    535,000    

Community Health Systems, Inc. 5.13%, 08/01/2021(6)

    522,963  
    2,270,000    

HCA, Inc. 4.13%, 06/15/2029

    2,333,515  
   

UnitedHealth Group, Inc.

 

    860,000    

3.70%, 12/15/2025

    915,899  
    800,000    

3.75%, 07/15/2025

    854,440  
    405,000    

4.75%, 07/15/2045

    479,693  
     

 

 

 
        18,373,159  
     

 

 

 
          Home Builders - 0.1%  
    595,000    

Lennar Corp. 4.75%, 11/29/2027

    626,238  
    285,000    

PulteGroup, Inc. 5.50%, 03/01/2026

    307,800  
    575,000    

Toll Brothers Finance Corp. 4.88%, 11/15/2025

    600,156  
     

 

 

 
        1,534,194  
     

 

 

 
 

 

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

 

 

  78  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 29.4% - (continued)  
          Insurance - 0.4%  
$     835,000    

CNO Financial Group, Inc. 5.25%, 05/30/2025

  $ 899,713  
   

Genworth Holdings, Inc.

 

    20,000    

4.80%, 02/15/2024

    17,000  
    380,000    

4.90%, 08/15/2023

    326,800  
    15,000    

7.63%, 09/24/2021

    14,700  
   

Marsh & McLennan Cos., Inc.

 

    1,480,000    

3.88%, 03/15/2024

    1,570,568  
    945,000    

4.38%, 03/15/2029

    1,042,616  
    1,035,000    

4.75%, 03/15/2039

    1,187,289  
    258,000    

Massachusetts Mutual Life Insurance Co. 8.88%, 06/01/2039(1)

    423,238  
    345,000    

MGIC Investment Corp. 5.75%, 08/15/2023

    374,325  
    640,000    

Unum Group 4.00%, 06/15/2029

    656,968  
    1,035,000    

Willis North America, Inc. 3.60%, 05/15/2024

    1,069,073  
     

 

 

 
        7,582,290  
     

 

 

 
          Internet - 0.6%  
   

Alibaba Group Holding Ltd.

 

    2,975,000    

3.40%, 12/06/2027

    3,022,428  
    630,000    

4.00%, 12/06/2037

    644,291  
    1,050,000    

4.20%, 12/06/2047

    1,104,075  
    2,505,000    

Amazon.com, Inc. 3.88%, 08/22/2037

    2,762,065  
    150,000    

Symantec Corp. 5.00%, 04/15/2025(1)

    153,773  
   

Tencent Holdings Ltd.

 

    2,090,000    

2.99%, 01/19/2023(1)

    2,106,741  
    1,210,000    

3.60%, 01/19/2028(1)

    1,235,414  
    2,765,000    

3.98%, 04/11/2029(1)

    2,889,189  
     

 

 

 
        13,917,976  
     

 

 

 
          Iron/Steel - 0.2%  
    285,000    

Commercial Metals Co. 5.38%, 07/15/2027

    283,575  
    275,000    

Steel Dynamics, Inc. 5.50%, 10/01/2024

    284,969  
   

Vale Overseas Ltd.

 

    2,105,000    

6.25%, 08/10/2026

    2,391,174  
    405,000    

6.88%, 11/10/2039

    486,081  
     

 

 

 
        3,445,799  
     

 

 

 
          IT Services - 0.4%  
    885,000    

Apple, Inc. 3.45%, 02/09/2045

    881,881  
    210,000    

Hewlett Packard Enterprise Co. 6.35%, 10/15/2045

    232,694  
   

International Business Machines Corp.

 

    2,005,000    

3.00%, 05/15/2024

    2,059,081  
    3,115,000    

3.30%, 05/15/2026

    3,229,049  
    3,115,000    

3.50%, 05/15/2029

    3,260,090  
     

 

 

 
        9,662,795  
     

 

 

 
          Leisure Time - 0.0%  
    150,000    

VOC Escrow Ltd. 5.00%, 02/15/2028(1)

    152,063  
     

 

 

 
          Lodging - 0.0%  
    290,000    

Hilton Domestic Operating Co., Inc. 5.13%, 05/01/2026

    302,688  
   

Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp.

 

    59,000    

5.25%, 05/15/2027(1)

    59,221  
    91,000    

5.50%, 03/01/2025(1)

    93,985  
     

 

 

 
        455,894  
     

 

 

 
          Machinery - Construction & Mining - 0.0%  
    365,000    

Oshkosh Corp. 5.38%, 03/01/2025

    378,687  
     

 

 

 
          Media - 1.7%  
   

CCO Holdings LLC / CCO Holdings Capital Corp.

 

    150,000    

5.13%, 05/01/2027(1)

    155,304  
    145,000    

5.75%, 02/15/2026(1)

    152,069  
   

Charter Communications Operating LLC / Charter Communications Operating Capital

 
    3,935,000    

4.20%, 03/15/2028

    4,087,574  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 29.4% - (continued)  
          Media - 1.7% - (continued)  
$     335,000    

5.13%, 07/01/2049(9)

  $ 342,085  
    1,090,000    

6.48%, 10/23/2045

    1,284,356  
   

Comcast Corp.

 

    490,000    

3.20%, 07/15/2036

    475,948  
    940,000    

3.95%, 10/15/2025

    1,014,147  
    355,000    

4.05%, 11/01/2052

    374,353  
    845,000    

4.15%, 10/15/2028

    931,317  
    365,000    

4.25%, 10/15/2030

    407,346  
    645,000    

4.60%, 10/15/2038

    738,555  
    440,000    

4.95%, 10/15/2058

    537,081  
   

Cox Communications, Inc.

 

    2,601,000    

3.15%, 08/15/2024(1)

    2,636,907  
    600,000    

4.80%, 02/01/2035(1)

    607,922  
    430,000    

CSC Holdings LLC 5.50%, 04/15/2027(1)

    451,500  
   

Discovery Communications LLC

 

    840,000    

3.80%, 03/13/2024

    871,809  
    1,057,000    

3.95%, 06/15/2025

    1,095,371  
    890,000    

4.90%, 03/11/2026

    974,805  
    1,125,000    

5.00%, 09/20/2037

    1,175,140  
    405,000    

5.30%, 05/15/2049

    435,819  
    1,800,000    

6.35%, 06/01/2040

    2,113,754  
    555,000    

DISH DBS Corp. 5.88%, 11/15/2024

    525,169  
    2,515,000    

Fox Corp. 4.03%, 01/25/2024(1)

    2,675,076  
    150,000    

Liberty Interactive LLC 8.25%, 02/01/2030

    149,625  
    1,500,000    

NBCUniversal Media LLC 5.95%, 04/01/2041

    1,969,867  
    220,000    

TEGNA, Inc. 5.50%, 09/15/2024(1)

    225,500  
    4,665,000    

Time Warner Entertainment Co. L.P. 8.38%, 07/15/2033

    6,286,692  
   

Viacom, Inc.

 

    2,225,000    

4.25%, 09/01/2023

    2,353,846  
    655,000    

4.38%, 03/15/2043

    640,726  
    55,000    

3 mo. USD LIBOR + 3.895%, 5.88%, 02/28/2057(2)

    56,128  
    79,000    

3 mo. USD LIBOR + 3.899%, 6.25%, 02/28/2057(2)

    81,765  
    550,000    

Videotron Ltd. 5.38%, 06/15/2024(1)

    588,500  
     

 

 

 
        36,416,056  
     

 

 

 
          Mining - 0.3%  
   

Anglo American Capital plc

 

    850,000    

4.75%, 04/10/2027(1)

    900,317  
    1,945,000    

4.88%, 05/14/2025(1)

    2,095,826  
    3,250,000    

Glencore Funding LLC 4.88%, 03/12/2029(1)

    3,424,613  
     

 

 

 
        6,420,756  
     

 

 

 
          Miscellaneous Manufacturing - 0.0%  
    930,000    

Ingersoll-Rand Global Holding Co., Ltd. 2.90%, 02/21/2021

    936,305  
     

 

 

 
          Oil & Gas - 1.5%  
    150,000    

Aker BP ASA 5.88%, 03/31/2025(1)

    158,438  
    65,000    

Anadarko Petroleum Corp. 4.50%, 07/15/2044

    66,574  
    3,035,000    

Canadian Natural Resources Ltd. 3.85%, 06/01/2027

    3,150,973  
    2,585,000    

Cimarex Energy Co. 4.38%, 03/15/2029

    2,748,385  
    585,000    

Continental Resources, Inc. 3.80%, 06/01/2024

    601,490  
    1,105,000    

EnCana Corp. 3.90%, 11/15/2021

    1,131,864  
   

Hess Corp.

 

    165,000    

5.60%, 02/15/2041

    177,419  
    105,000    

6.00%, 01/15/2040

    115,009  
    2,397,000    

7.13%, 03/15/2033

    2,937,938  
    665,000    

7.30%, 08/15/2031

    816,353  
    1,415,000    

Kerr-McGee Corp. 6.95%, 07/01/2024

    1,658,316  
    585,000    

Marathon Oil Corp. 3.85%, 06/01/2025

    606,500  
    335,000    

Marathon Petroleum Corp. 3.80%, 04/01/2028

    340,495  
    3,165,000    

Medco Oak Tree Pte Ltd. 7.38%, 05/14/2026(1)

    3,174,293  
    295,000    

MEG Energy Corp. 6.50%, 01/15/2025(1)

    296,475  
 

 

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

 

 

  79  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 29.4% - (continued)  
          Oil & Gas - 1.5% - (continued)  
$     150,000    

Nabors Industries, Inc. 4.63%, 09/15/2021

  $ 146,250  
    1,710,000    

Noble Energy, Inc. 5.05%, 11/15/2044

    1,818,949  
   

Petroleos Mexicanos

 

    240,000    

6.50%, 01/23/2029

    232,200  
    1,650,000    

6.63%, 06/15/2035

    1,524,187  
    2,090,000    

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

    2,143,293  
 

QEP Resources, Inc.

 

    385,000    

5.25%, 05/01/2023

    370,562  
    10,000    

5.38%, 10/01/2022

    9,725  
    2,144,000    

Saudi Arabian Oil Co. 2.88%, 04/16/2024(1)

    2,157,887  
 

SM Energy Co.

 

    255,000    

6.13%, 11/15/2022

    253,087  
    70,000    

6.75%, 09/15/2026

    65,625  
    295,000    

Sunoco L.P. / Sunoco Finance Corp. 5.50%, 02/15/2026

    307,169  
    2,320,000    

Tullow Oil plc 7.00%, 03/01/2025(1)

    2,357,700  
 

Valero Energy Corp.

 

    535,000    

4.00%, 04/01/2029

    560,124  
    1,290,000    

4.35%, 06/01/2028

    1,375,943  
 

WPX Energy, Inc.

 

    190,000    

5.25%, 09/15/2024

    194,988  
    72,000    

6.00%, 01/15/2022

    75,060  
ARS     93,580,252    

YPF S.A. 16.50%, 05/09/2022(1)

    1,343,806  
     

 

 

 
    32,917,077  
 

 

 

 
      Packaging & Containers - 0.2%  
$     695,000    

Owens-Brockway Glass Container, Inc. 5.88%, 08/15/2023(1)

    749,592  
    295,000    

Reynolds Group Issuer, Inc. / Reynolds Group Issuer LLC / Reynolds Group Issuer Lu 5.13%, 07/15/2023(1)

    300,531  
    2,415,000    

WRKCo, Inc. 4.65%, 03/15/2026

    2,626,865  
     

 

 

 
    3,676,988  
 

 

 

 
      Pharmaceuticals - 1.2%  
    1,115,000    

Allergan Finance LLC 4.63%, 10/01/2042

    1,112,019  
    1,135,000    

Allergan Funding SCS 3.45%, 03/15/2022

    1,158,852  
 

Bausch Health Cos., Inc.

 

    315,000    

6.50%, 03/15/2022(1)

    326,419  
    140,000    

7.00%, 03/15/2024(1)

    148,764  
    95,000    

Baxalta, Inc. 3.60%, 06/23/2022

    97,486  
    3,915,000    

Bayer U.S. Finance LLC 4.25%, 12/15/2025(1)

    4,142,375  
    1,395,000    

Bristol-Myers Squibb Co. 3.40%, 07/26/2029(1)

    1,460,483  
 

CVS Health Corp.

 

    3,360,000    

4.10%, 03/25/2025

    3,543,759  
    1,640,000    

5.05%, 03/25/2048

    1,746,796  
    1,690,000    

5.13%, 07/20/2045

    1,802,241  
    2,750,000    

GlaxoSmithKline Capital, Inc. 3.63%, 05/15/2025

    2,923,053  
    565,000    

Mylan N.V. 5.25%, 06/15/2046

    527,009  
 

Mylan, Inc.

 

    1,080,000    

4.55%, 04/15/2028(6)

    1,059,144  
    590,000    

5.20%, 04/15/2048

    544,809  
    1,525,000    

Shire Acquisitions Investments Ireland DAC 2.40%, 09/23/2021

    1,523,127  
 

Teva Pharmaceutical Finance Netherlands B.V.

 

    2,865,000    

2.80%, 07/21/2023

    2,478,225  
    100,000    

3.15%, 10/01/2026

    77,500  
     

 

 

 
        24,672,061  
     

 

 

 
          Pipelines - 1.3%  
   

Andeavor Logistics L.P. / Tesoro Logistics Finance Corp.

 

    1,545,000    

4.25%, 12/01/2027

    1,632,002  
    211,000    

6.25%, 10/15/2022

    216,275  
    280,000    

Cheniere Corpus Christi Holdings LLC 5.88%, 03/31/2025

    311,850  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 29.4% - (continued)  
          Pipelines - 1.3% - (continued)  
$     215,000    

DCP Midstream Operating L.P. 5.60%, 04/01/2044

  $ 202,100  
   

Energy Transfer Operating L.P.

 

    360,000    

4.20%, 09/15/2023

    377,424  
    650,000    

4.50%, 04/15/2024

    691,679  
    3,060,000    

5.25%, 04/15/2029

    3,419,076  
    555,000    

5.50%, 06/01/2027

    620,394  
    380,000    

6.25%, 04/15/2049

    450,242  
    1,525,000    

Enterprise Products Operating LLC 3.13%, 07/31/2029(9)

    1,528,293  
   

EQM Midstream Partners L.P.

 

    1,031,000    

4.13%, 12/01/2026

    997,324  
    220,000    

4.75%, 07/15/2023

    228,769  
    1,250,000    

5.50%, 07/15/2028

    1,315,794  
   

MPLX L.P.

 

    775,000    

4.13%, 03/01/2027

    811,237  
    1,095,000    

4.70%, 04/15/2048

    1,121,325  
    325,000    

5.20%, 03/01/2047

    349,328  
    245,000    

Sabine Pass Liquefaction LLC 4.20%, 03/15/2028

    257,916  
   

Sunoco Logistics Partners Operations L.P.

 

    960,000    

4.00%, 10/01/2027

    989,046  
    175,000    

5.30%, 04/01/2044

    180,040  
    180,000    

5.35%, 05/15/2045

    187,194  
   

Texas Eastern Transmission L.P.

 

    2,080,000    

2.80%, 10/15/2022(1)

    2,077,263  
    165,000    

3.50%, 01/15/2028(1)

    167,673  
   

TransCanada PipeLines Ltd.

 

    1,810,000    

4.63%, 03/01/2034

    2,009,306  
    610,000    

4.75%, 05/15/2038

    668,730  
    155,000    

6.10%, 06/01/2040

    191,734  
    475,000    

Transcontinental Gas Pipe Line Co. LLC 4.00%, 03/15/2028

    495,768  
    1,740,000    

Valero Energy Partners L.P. 4.50%, 03/15/2028

    1,845,288  
   

Western Midstream Operating L.P.

 

    2,155,000    

4.50%, 03/01/2028

    2,151,576  
    1,165,000    

4.75%, 08/15/2028

    1,178,419  
    110,000    

5.50%, 08/15/2048

    104,394  
    570,000    

Williams Cos., Inc. 4.30%, 03/04/2024

    604,644  
     

 

 

 
        27,382,103  
     

 

 

 
          Real Estate Investment Trusts - 0.1%  
    1,310,000    

American Tower Corp. 3.80%, 08/15/2029

    1,350,350  
    570,000    

Equinix, Inc. 5.88%, 01/15/2026

    603,487  
    735,000    

HCP, Inc. 3.25%, 07/15/2026(9)

    740,747  
     

 

 

 
        2,694,584  
     

 

 

 
          Retail - 0.4%  
    150,000    

1011778 BC ULC / New Red Finance, Inc. 4.25%, 05/15/2024(1)

    151,687  
   

Lowe’s Cos., Inc.

 

    3,075,000    

3.38%, 09/15/2025

    3,195,372  
    270,000    

3.70%, 04/15/2046

    254,245  
    1,035,000    

McDonald’s Corp. 3.35%, 04/01/2023

    1,074,245  
    315,000    

Suburban Propane Partners L.P. / Suburban Energy Finance Corp. 5.88%, 03/01/2027

    315,787  
    445,000    

United Rentals North America, Inc. 4.88%, 01/15/2028

    453,900  
    2,460,000    

Walmart, Inc. 3.40%, 06/26/2023

    2,585,528  
    230,000    

William Carter Co. 5.63%, 03/15/2027(1)

    240,925  
     

 

 

 
        8,271,689  
     

 

 

 
          Semiconductors - 1.4%  
   

Broadcom Corp. / Broadcom Cayman Finance Ltd.

 

    745,000    

3.13%, 01/15/2025

    728,094  
    4,090,000    

3.63%, 01/15/2024

    4,128,734  
 

 

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

 

 

  80  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 29.4% - (continued)  
          Semiconductors - 1.4% - (continued)  
$     5,635,000    

3.88%, 01/15/2027

  $ 5,521,744  
    3,800,000    

Broadcom, Inc. 4.75%, 04/15/2029(1)

    3,901,773  
    272,000    

Entegris, Inc. 4.63%, 02/10/2026(1)

    274,040  
    870,000    

Intel Corp. 4.10%, 05/19/2046

    951,695  
    1,590,000    

Microchip Technology, Inc. 4.33%, 06/01/2023

    1,657,975  
    5,070,000    

Micron Technology, Inc. 4.98%, 02/06/2026

    5,328,397  
    5,220,000    

NXP B.V. / NXP Funding LLC 4.88%, 03/01/2024(1)

    5,594,378  
    270,000    

Qorvo, Inc. 5.50%, 07/15/2026

    285,741  
    355,000    

Sensata Technologies B.V. 5.00%, 10/01/2025(1)

    370,087  
    310,000    

Sensata Technologies UK Financing Co. plc 6.25%, 02/15/2026(1)

    329,375  
     

 

 

 
        29,072,033  
     

 

 

 
          Software - 0.4%  
   

CDK Global, Inc.

 

    150,000    

4.88%, 06/01/2027

    155,136  
    30,000    

5.88%, 06/15/2026

    31,725  
    810,000    

Fidelity National Information Services, Inc. 4.25%, 05/15/2028

    883,179  
    1,710,000    

Fiserv, Inc. 3.20%, 07/01/2026

    1,745,363  
    200,000    

IQVIA, Inc. 5.00%, 05/15/2027(1)

    206,500  
   

Microsoft Corp.

 

    180,000    

3.30%, 02/06/2027

    191,264  
    1,160,000    

3.70%, 08/08/2046

    1,253,771  
    955,000    

3.95%, 08/08/2056

    1,062,710  
    465,000    

MSCI, Inc. 5.75%, 08/15/2025(1)

    488,250  
    260,000    

Open Text Corp. 5.88%, 06/01/2026(1)

    275,028  
    795,000    

Oracle Corp. 4.00%, 11/15/2047

    854,339  
    246,000    

Western Digital Corp. 4.75%, 02/15/2026

    241,338  
    1,336,847    

WEX, Inc. 1 mo. USD LIBOR + 2.250%, 4.65%, 05/15/2026

    1,323,719  
     

 

 

 
        8,712,322  
     

 

 

 
          Telecommunications - 2.2%  
   

AT&T, Inc.

 

    165,000    

2.95%, 07/15/2026

    163,847  
    2,725,000    

3.80%, 02/15/2027

    2,835,838  
    165,000    

3.88%, 01/15/2026

    172,528  
    620,000    

4.10%, 02/15/2028

    656,001  
    120,000    

4.13%, 02/17/2026

    127,649  
    715,000    

4.25%, 03/01/2027

    766,326  
    4,444,000    

4.30%, 02/15/2030

    4,756,485  
    2,435,000    

4.35%, 03/01/2029

    2,622,692  
    7,400,000    

GTP Acquisition Partners LLC 3.48%, 06/15/2050(1)

    7,635,418  
 

Nokia Oyj

 

    5,000    

4.38%, 06/12/2027

    5,131  
    575,000    

6.63%, 05/15/2039

    630,884  
    425,000    

Sprint Corp. 7.13%, 06/15/2024

    450,628  
    5,000,000    

Sprint Spectrum Co. LLC / Sprint Spectrum Co. II LLC / Sprint Spectrum Co. III LLC 5.15%, 09/20/2029(1)

    5,150,000  
 

Telecom Italia Capital S.A.

 

    265,000    

6.00%, 09/30/2034

    270,300  
    160,000    

7.72%, 06/04/2038

    180,400  
    2,310,000    

Telefonica Celular del Paraguay SA 5.88%, 04/15/2027(1)

    2,408,175  
 

Telefonica Emisiones S.A.

 

    555,000    

4.67%, 03/06/2038

    576,825  
    925,000    

4.90%, 03/06/2048

    976,858  
    825,000    

5.21%, 03/08/2047

    909,538  
    1,950,000    

5.52%, 03/01/2049

    2,258,794  
 

Verizon Communications, Inc.

 

    915,000    

3.88%, 02/08/2029

    981,450  
    2,603,000    

4.27%, 01/15/2036

    2,819,316  
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 29.4% - (continued)  
          Telecommunications - 2.2% - (continued)  
$     3,185,000    

4.40%, 11/01/2034

  $ 3,530,958  
    1,735,000    

4.50%, 08/10/2033

    1,954,593  
    100,000    

4.81%, 03/15/2039

    114,963  
    230,000    

5.25%, 03/16/2037

    275,110  
    3,600,000    

Vodafone Group plc 4.38%, 05/30/2028

    3,891,558  
     

 

 

 
        47,122,265  
     

 

 

 
      Transportation - 0.4%  
    2,080,000    

CSX Corp. 3.25%, 06/01/2027

    2,147,560  
    2,225,000    

Penske Truck Leasing Co. L.P. / PTL Finance Corp. 3.45%, 07/01/2024(1)

    2,292,800  
    2,975,000    

Union Pacific Corp. 4.38%, 09/10/2038

    3,295,873  
     

 

 

 
        7,736,233  
     

 

 

 
      Trucking & Leasing - 0.1%  
    1,480,000    

Avolon Holdings Funding Ltd. 4.38%, 05/01/2026(1)

    1,523,216  
     

 

 

 
   

Total Corporate Bonds
(cost $603,189,527)

  $ 628,597,212  
     

 

 

 
FOREIGN GOVERNMENT OBLIGATIONS - 1.4%  
      Argentina - 0.1%  
EUR     1,780,000    

Argentine Republic Government International Bond 5.25%, 01/15/2028

  $ 1,466,861  
     

 

 

 
      Dominican Republic - 0.2%  
$     4,890,000    

Dominican Republic International Bond 6.40%, 06/05/2049(1)

    5,116,212  
     

 

 

 
      Egypt - 0.0%  
    720,000    

Egypt Government International Bond 8.50%, 01/31/2047(8)

    762,277  
     

 

 

 
      Ghana - 0.1%  
    1,140,000    

Ghana Government International Bond 8.63%, 06/16/2049(1)

    1,149,405  
     

 

 

 
      Hungary - 0.0%  
    710,000    

Hungary Government International Bond 6.38%, 03/29/2021

    757,854  
     

 

 

 
      Qatar - 0.6%  
 

Qatar Government International Bond

 

    7,100,000    

4.00%, 03/14/2029(1)

    7,650,250  
    5,030,000    

4.82%, 03/14/2049(1)

    5,764,581  
     

 

 

 
    13,414,831  
     

 

 

 
      Romania - 0.3%  
 

Romanian Government International Bond

 

EUR     1,222,000    

4.63%, 04/03/2049(1)

    1,677,746  
    1,020,000    

4.63%, 04/03/2049(8)

    1,400,410  
$     1,832,000    

6.13%, 01/22/2044(8)

    2,322,818  
     

 

 

 
    5,400,974  
     

 

 

 
      Tunisia - 0.1%  
EUR     2,365,000    

Banque Centrale de Tunisie International Bond 6.75%, 10/31/2023(1)

    2,754,515  
     

 

 

 
 

Total Foreign Government Obligations
(cost $29,291,012)

  $ 30,822,929  
     

 

 

 
MUNICIPAL BONDS - 0.9%  
      Education - 0.1%  
 

Chicago, IL, Board of Education

 

$     740,000    

6.14%, 12/01/2039

  $ 791,334  
    1,750,000    

6.32%, 11/01/2029

    1,898,400  
     

 

 

 
    2,689,734  
 

 

 

 
      General Obligation - 0.7%  
    1,470,000    

California State, GO Taxable 7.55%, 04/01/2039

    2,327,186  
 

 

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

 

 

  81  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
MUNICIPAL BONDS - 0.9% - (continued)  
      General Obligation - 0.7% - (continued)  
 

City of Chicago, IL, GO

 

$     1,015,000    

7.05%, 01/01/2029

  $ 1,125,645  
    3,945,000    

7.38%, 01/01/2033

    4,689,224  
 

State of Illinois, GO

 

    3,320,727    

4.95%, 06/01/2023(6)

    3,475,673  
    280,000    

5.00%, 01/01/2023

    292,538  
    610,000    

5.56%, 02/01/2021

    633,089  
    980,000    

5.95%, 04/01/2022

    1,053,618  
     

 

 

 
    13,596,973  
 

 

 

 
      Utility - Electric - 0.1%  
    1,577,000    

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

    1,894,655  
     

 

 

 
 

Total Municipal Bonds
(cost $17,094,279)

  $ 18,181,362  
     

 

 

 
SENIOR FLOATING RATE INTERESTS - 2.4%(10)  
      Advertising - 0.0%  
    449,226    

Acosta Holdco, Inc. 1 mo. USD LIBOR + 3.250%, 5.65%, 09/26/2021

  $ 161,582  
     

 

 

 
      Aerospace/Defense - 0.1%  
    339,890    

Circor International, Inc. 1 mo. USD LIBOR + 3.500%, 5.91%, 12/11/2024

    339,323  
    570,836    

TransDigm, Inc. 1 mo. USD LIBOR + 2.500%, 4.83%, 06/09/2023

    559,956  
     

 

 

 
    899,279  
 

 

 

 
      Agriculture - 0.0%  
    743,966    

Pinnacle Operating Corp. 1 mo. USD LIBOR + 5.500%, 4.83%, 11/15/2021

    550,535  
     

 

 

 
      Asset-Backed - Finance & Insurance - 0.0%  
    180,000    

Blackstone CQP Holdco L.P. 0.00%, 09/30/2024(11)

    180,180  
     

 

 

 
      Auto Manufacturers - 0.0%  
    153,063    

Navistar International Corp. 1 mo. USD LIBOR + 3.500%, 5.91%, 11/06/2024

    152,536  
     

 

 

 
      Auto Parts & Equipment - 0.1%  
    235,000    

Adient U.S. LLC 3 mo. USD LIBOR + 4.250%, 6.87%, 05/06/2024

    228,685  
    213,246    

Altra Industrial Motion Corp. 1 mo. USD LIBOR + 2.000%, 4.40%, 10/01/2025

    209,116  
 

Panther BF Aggregator 2 L.P.

 

EUR     710,000    

1 mo. USD LIBOR + 3.750%, 3.75%, 04/30/2026

    807,777  
$     475,000    

1 mo. USD LIBOR + 3.500%, 5.90%, 04/30/2026

    471,143  
     

 

 

 
    1,716,721  
 

 

 

 
      Biotechnology - 0.0%  
    612,101    

Sotera Health Holdings LLC 1 mo. USD LIBOR + 3.000%, 5.40%, 05/15/2022

    602,920  
     

 

 

 
      Chemicals - 0.1%  
    90,110    

Cabot Microelectronics Corp. 1 mo. ICE LIBOR + 2.250%, 4.69%, 11/14/2025

    89,942  
EUR     189,314    

CTC AcquiCo GmbH 3 mo. EURIBOR + 2.750%, 2.50%, 03/07/2025

    211,156  
$     120,000    

Hexion, Inc. 0.00%, 06/25/2026(11)

    119,850  
    124,063    

LTI Holdings, Inc. 1 mo. USD LIBOR + 3.500%, 5.90%, 09/06/2025

    117,162  
 

Starfruit Finco B.V.

 

EUR     100,000    

3 mo. EURIBOR + 3.750%, 3.75%, 10/01/2025

    114,035  
$     99,750    

1 mo. USD LIBOR + 3.250%, 5.67%, 10/01/2025

    98,046  
Shares or Principal Amount   Market Value  
SENIOR FLOATING RATE INTERESTS - 2.4%(10) - (continued)  
      Chemicals - 0.1% - (continued)  
$     350,013    

Univar, Inc. 1 mo. USD LIBOR + 2.250%, 4.65%, 07/01/2024

  $ 348,809  
     

 

 

 
    1,099,000  
 

 

 

 
      Coal - 0.0%  
    686,686    

Foresight Energy LLC 3 mo. USD LIBOR + 5.750%, 8.27%, 03/28/2022

    557,363  
     

 

 

 
      Commercial Services - 0.2%  
 

Allied Universal Holdco LLC

 

    189,565    

2 mo. USD LIBOR + 4.250%, 0.00%, 06/26/2026(11)

    188,617  
    18,768    

0.00%, 06/26/2026(11)(12)

    18,675  
    129,350    

2 mo. USD LIBOR + 4.250%, 6.65%, 07/28/2022

    129,148  
    277,900    

APX Group, Inc. 2 mo. USD LIBOR + 5.000%, 7.33%, 04/01/2024

    264,700  
    122,813    

Ascend Learning LLC 1 mo. USD LIBOR + 3.000%, 5.40%, 07/12/2024

    120,855  
    377,071    

Blackhawk Network Holdings, Inc. 1 mo. USD LIBOR + 3.000%, 5.40%, 06/15/2025

    373,850  
    160,158    

Capital Automotive L.P. 1 mo. USD LIBOR + 6.000%, 8.41%, 03/24/2025

    160,259  
    90,000    

Carbonite, Inc. 2 mo. USD LIBOR + 3.750%, 6.15%, 03/26/2026

    90,075  
    125,000    

Dun & Bradstreet Corp. 1 mo. USD LIBOR + 5.000%, 7.40%, 02/06/2026

    124,961  
    98,250    

Energizer Holdings, Inc. 1 mo. USD LIBOR + 2.250%, 4.75%, 12/17/2025

    97,821  
    168,938    

Quad/Graphics, Inc. 1 mo. USD LIBOR + 5.000%, 7.41%, 01/31/2026

    168,093  
    605,769    

Quikrete Holdings, Inc. 1 mo. USD LIBOR + 2.750%, 5.15%, 11/15/2023

    594,496  
EUR     215,000    

Techem GmbH 3 mo. EURIBOR + 3.750%, 3.75%, 07/31/2025

    245,902  
$     1,009,400    

Tempo Acquisition LLC 1 mo. USD LIBOR + 3.000%, 5.40%, 05/01/2024

    1,004,565  
EUR     135,000    

Verisure Holding AB 3 mo. EURIBOR + 3.500%, 3.50%, 10/21/2022

    153,456  
$     129,417    

Weight Watchers International, Inc. 3 mo. USD LIBOR + 4.750%, 7.35%, 11/29/2024

    126,936  
    516,750    

Xerox Business Services LLC 1 mo. USD LIBOR + 2.500%, 4.90%, 12/07/2023

    504,477  
     

 

 

 
    4,366,886  
 

 

 

 
      Construction Materials - 0.0%  
    267,300    

NCI Building Systems, Inc. 3 mo. USD LIBOR + 3.750%, 6.35%, 04/12/2025

    259,281  
    100,000    

Tamko Building Products, Inc. 1 mo. USD LIBOR + 3.250%, 5.59%, 04/23/2026

    99,625  
     

 

 

 
    358,906  
 

 

 

 
      Diversified Financial Services - 0.1%  
 

AlixPartners LLP

 

EUR     100,000    

3 mo. USD LIBOR + 3.250%, 3.25%, 04/04/2024

    113,639  
$     459,425    

3 mo. USD LIBOR + 2.750%, 5.15%, 04/04/2024

    457,831  
    154,225    

Aretec Group, Inc. 3 mo. USD LIBOR + 4.250%, 6.65%, 10/01/2025

    150,177  
 

Crown Finance U.S., Inc.

 

EUR     103,688    

1 mo. EURIBOR + 2.375%, 2.38%, 02/28/2025

    117,411  
$     184,969    

1 mo. USD LIBOR + 2.500%, 4.65%, 02/28/2025

    181,790  
    228,850    

Financial & Risk U.S. Holdings, Inc. 1 mo. USD LIBOR + 3.750%, 6.15%, 10/01/2025

    221,769  
 

 

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

 

 

  82  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
SENIOR FLOATING RATE INTERESTS - 2.4%(10) - (continued)  
      Diversified Financial Services - 0.1% - (continued)  
$     139,650    

Minotaur Acquisition, Inc. 1 mo. USD LIBOR + 5.000%, 7.40%, 02/26/2026

  $ 136,973  
EUR     185,208    

Nets Holding A/S 3 mo. EURIBOR + 3.000%, 3.25%, 02/06/2025

    208,758  
$     277,875    

RP Crown Parent LLC 1 mo. USD LIBOR + 2.750%, 5.15%, 10/12/2023

    276,224  
    240,000    

Victory Capital Holdings, Inc. 0.00%, 07/01/2026(11)

    240,101  
     

 

 

 
    2,104,673  
 

 

 

 
      Electric - 0.0%  
    321,932    

Seadrill Partners Finco LLC 3 mo. USD LIBOR + 6.000%, 8.33%, 02/21/2021

    229,376  
     

 

 

 
      Energy - Alternate Sources - 0.0%  
    262,350    

BCP Renaissance Parent LLC 3 mo. USD LIBOR + 3.500%, 6.08%, 10/31/2024

    261,414  
    98,500    

Medallion Midland Acquisition LLC 1 mo. USD LIBOR + 2.483%, 5.65%, 10/30/2024

    95,791  
     

 

 

 
    357,205  
 

 

 

 
      Engineering & Construction - 0.1%  
    735,000    

Brand Energy & Infrastructure Services, Inc. 3 mo. USD LIBOR + 4.250%, 6.79%, 06/21/2024

    709,584  
    98,750    

Verra Mobility Corp. 1 mo. USD LIBOR + 3.750%, 6.15%, 02/28/2025

    98,955  
     

 

 

 
    808,539  
 

 

 

 
      Entertainment - 0.0%  
    428,489    

Scientific Games International, Inc. 2 mo. USD LIBOR + 2.750%, 5.22%, 08/14/2024

    421,646  
    119,100    

Wyndham Hotels & Resorts, Inc. 1 mo. USD LIBOR + 1.750%, 4.15%, 05/30/2025

    118,672  
     

 

 

 
    540,318  
 

 

 

 
      Food - 0.1%  
    493,417    

Hostess Brands LLC 1 mo. USD LIBOR + 2.250%, 4.75%, 08/03/2022

    489,819  
    470,230    

Post Holdings, Inc. 1 mo. USD LIBOR + 2.000%, 4.40%, 05/24/2024

    467,615  
     

 

 

 
    957,434  
 

 

 

 
      Food Service - 0.0%  
    99,500    

8th Avenue Food & Provisions, Inc. 3 mo. USD LIBOR + 3.750%, 6.17%, 10/01/2025

    99,406  
    111,920    

Aramark Services, Inc. 3 mo. USD LIBOR + 1.750%, 4.08%, 03/11/2025

    111,444  
     

 

 

 
    210,850  
 

 

 

 
      Gas - 0.0%  
    104,738    

Messer Industries GmbH 1 mo. USD LIBOR + 2.500%, 4.83%, 03/01/2026

    103,232  
     

 

 

 
      Healthcare - Products - 0.0%  
    348,788    

Kinetic Concepts, Inc. 3 mo. USD LIBOR + 3.250%, 5.58%, 02/02/2024

    348,714  
    217,125    

Lifescan Global Corp. 3 mo. USD LIBOR + 6.000%, 8.66%, 10/01/2024

    206,812  
    219,507    

Parexel International Corp. 1 mo. USD LIBOR + 2.750%, 5.15%, 09/27/2024

    209,983  
     

 

 

 
    765,509  
 

 

 

 
      Healthcare - Services - 0.1%  
    357,187    

CDRH Parent, Inc. 3 mo. USD LIBOR + 4.250%, 6.73%, 07/01/2021

    286,346  
    130,872    

DentalCorp Perfect Smile ULC 1 mo. USD LIBOR + 3.750%, 6.15%, 06/06/2025

    129,236  
Shares or Principal Amount   Market Value  
SENIOR FLOATING RATE INTERESTS - 2.4%(10) - (continued)  
      Healthcare - Services - 0.1% - (continued)  
$     273,625    

Envision Healthcare Corp. 1 mo. USD LIBOR + 3.750%, 6.15%, 10/10/2025

  $ 241,132  
    308,464    

Global Medical Response, Inc. 1 mo. USD LIBOR + 3.250%, 5.64%, 04/28/2022

    290,011  
EUR     217,800    

IQVIA, Inc. 3 mo. EURIBOR + 2.000%, 2.50%, 06/11/2025

    247,527  
$     679,559    

Jaguar Holding Co. 3 mo. USD LIBOR + 2.500%, 4.90%, 08/18/2022

    675,237  
    455,175    

MPH Acquisition Holdings LLC 3 mo. USD LIBOR + 2.750%, 5.08%, 06/07/2023

    434,529  
    131,488    

One Call Corp. 1 mo. USD LIBOR + 5.250%, 7.64%, 11/25/2022

    106,285  
    247,395    

Syneos Health, Inc. 1 mo. USD LIBOR + 2.000%, 4.40%, 08/01/2024

    246,468  
     

 

 

 
    2,656,771  
 

 

 

 
      Household Products - 0.0%  
    290,575    

Diamond (BC) B.V. 2 mo. USD LIBOR + 3.000%, 5.58%, 09/06/2024

    254,980  
    291,750    

Revlon Consumer Products Corp. 1 mo. USD LIBOR + 3.500%, 6.02%, 09/07/2023

    243,004  
     

 

 

 
    497,984  
 

 

 

 
      Insurance - 0.1%  
 

Asurion LLC

 

    812,478    

1 mo. USD LIBOR + 3.000%, 5.40%, 08/04/2022

    810,155  
    375,000    

1 mo. USD LIBOR + 6.500%, 8.90%, 08/04/2025

    379,924  
    222,750    

Hub International Ltd. 2 mo. USD LIBOR + 3.000%, 5.59%, 04/25/2025

    217,003  
    283,575    

Sedgwick Claims Management Services, Inc. 1 mo. USD LIBOR + 3.250%, 5.65%, 12/31/2025

    279,270  
     

 

 

 
    1,686,352  
 

 

 

 
      Leisure Time - 0.1%  
    438,484    

Caesars Resort Collection LLC 1 mo. USD LIBOR + 2.750%, 5.15%, 12/22/2024

    430,718  
    795,546    

Delta (LUX) S.a.r.l. 1 mo. USD LIBOR + 2.500%, 4.90%, 02/01/2024

    776,055  
    733,400    

Golden Entertainment, Inc. 1 mo. USD LIBOR + 3.000%, 5.41%, 10/21/2024

    729,733  
    144,275    

Penn National Gaming, Inc. 3 mo. USD LIBOR + 2.250%, 4.65%, 10/15/2025

    143,621  
     

 

 

 
    2,080,127  
 

 

 

 
      Lodging - 0.1%  
    238,433    

Boyd Gaming Corp. 1 week USD LIBOR + 2.250%, 4.62%, 09/15/2023

    236,916  
    655,025    

Caesars Entertainment Operating Co. 1 mo. USD LIBOR + 2.000%, 4.40%, 10/06/2024

    649,091  
     

 

 

 
        886,007  
     

 

 

 
          Machinery - Construction & Mining - 0.0%  
    268,650    

Brookfield WEC Holdings, Inc. 1 mo. USD LIBOR + 3.500%, 5.90%, 08/01/2025

    267,978  
    86,845    

Pike Corp. 1 mo. USD LIBOR + 3.500%, 5.91%, 03/23/2025

    86,892  
     

 

 

 
        354,870  
     

 

 

 
          Machinery - Diversified - 0.0%  
    263,447    

Gates Global LLC 3 mo. USD LIBOR + 2.750%, 5.15%, 04/01/2024

    261,590  
     

 

 

 
          Media - 0.3%  
    192,075    

Altice Financing S.A. 3 mo. USD LIBOR + 2.750%, 5.14%, 01/31/2026

    181,872  
 

 

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

 

 

  83  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
SENIOR FLOATING RATE INTERESTS - 2.4%(10) - (continued)  
          Media - 0.3% - (continued)  
$     694,105    

Altice France S.A. 3 mo. USD LIBOR + 3.688%, 6.08%, 01/31/2026

  $ 671,546  
    1,528,311    

Charter Communications Operating LLC 1 mo. USD LIBOR + 2.000%, 4.33%, 04/30/2025

    1,526,019  
    217,800    

CSC Holdings LLC 1 mo. USD LIBOR + 2.500%, 4.89%, 01/25/2026

    214,688  
    189,050    

Gray Television, Inc. 1 mo. ICE LIBOR + 2.500%, 4.93%, 01/02/2026

    188,766  
    223,771    

Houghton Mifflin Harcourt Publishing Co. 1 mo. USD LIBOR + 3.000%, 5.40%, 05/31/2021

    210,681  
    266,806    

MTN Infrastructure TopCo, Inc. 1 mo. USD LIBOR + 3.000%, 5.40%, 11/15/2024

    264,805  
    290,000    

Nexstar Broadcasting, Inc. 0.00%, 06/19/2026(11)

    288,913  
    489,555    

PSAV Holdings LLC 3 mo. USD LIBOR + 3.250%, 5.67%, 03/01/2025

    475,020  
    119,812    

Shutterfly, Inc. 1 mo. USD LIBOR + 2.500%, 4.91%, 08/17/2024

    119,722  
    220,000    

Telenet Financing USD LLC 1 mo. USD LIBOR + 2.250%, 4.64%, 08/15/2026

    217,485  
    440,000    

Unitymedia Finance LLC 1 mo. USD LIBOR + 2.250%, 4.64%, 09/30/2025

    438,535  
    437,278    

UPC Financing Partnership 1 mo. USD LIBOR + 2.500%, 4.89%, 01/15/2026

    436,644  
    90,868    

Web.com Group, Inc. 3 mo. USD LIBOR + 3.750%, 6.16%, 10/10/2025

    89,505  
     

 

 

 
        5,324,201  
     

 

 

 
          Metal Fabricate/Hardware - 0.0%  
    270,571    

Rexnord LLC 1 mo. USD LIBOR + 2.000%, 4.40%, 08/21/2024

    270,165  
     

 

 

 
          Miscellaneous Manufacturing - 0.0%  
    140,967    

H.B. Fuller Co. 1 mo. USD LIBOR + 2.000%, 4.38%, 10/20/2024

    138,405  
    525,638    

USI, Inc. 3 mo. USD LIBOR + 3.000%, 5.33%, 05/16/2024

    511,839  
     

 

 

 
        650,244  
     

 

 

 
          Oil & Gas - 0.1%  
    90,000    

Ascent Resources - Marcellus LLC 1 mo. USD LIBOR + 6.500%, 8.91%, 03/30/2023

    88,200  
    115,000    

BCP Raptor II LLC 1 mo. USD LIBOR + 4.750%, 7.15%, 11/03/2025

    109,155  
    155,559    

BCP Raptor LLC 2 mo. USD LIBOR + 4.250%, 6.65%, 06/24/2024

    147,393  
    455,000    

California Resources Corp. 1 mo. USD LIBOR + 10.375%, 12.78%, 12/31/2021

    460,915  
    764,040    

Fieldwood Energy LLC 1 mo. USD LIBOR + 5.250%, 7.65%, 04/11/2022

    706,019  
    213,388    

NorthRiver Midstream Finance L.P. 1 mo. USD LIBOR + 3.250%, 5.85%, 10/01/2025

    212,973  
    666,115    

PES Holdings LLC 1 mo. USD LIBOR + 0.500%, 4.91%, 12/31/2022

    313,074  
    119,100    

Traverse Midstream Partners LLC 3 mo. USD LIBOR + 4.000%, 6.59%, 09/27/2024

    117,568  
     

 

 

 
    2,155,297  
 

 

 

 
      Oil & Gas Services - 0.0%  
    150,000    

Lower Cadence Holdings LLC 1 mo. USD LIBOR + 4.000%, 6.40%, 05/22/2026

    149,062  
     

 

 

 
      Packaging & Containers - 0.1%  
 

Berry Global, Inc.

 

    400,000    

3 mo. USD LIBOR + 1.750%, 0.00%, 05/15/2026(11)

    397,044  
EUR     135,000    

0.00%, 05/15/2026(11)

    153,759  
$     663,743    

3 mo. USD LIBOR + 1.750%, 4.16%, 02/08/2020

    662,794  
Shares or Principal Amount   Market Value  
SENIOR FLOATING RATE INTERESTS - 2.4%(10) - (continued)  
      Packaging & Containers - 0.1% - (continued)  
$     61,713    

Crown Americas LLC 1 Week USD LIBOR + 2.000%, 4.40%, 04/03/2025

  $ 61,975  
    398,308    

Flex Acquisition Co., Inc. 3 mo. USD LIBOR + 3.000%, 5.44%, 12/29/2023

    377,895  
    199,875    

Proampac PG Borrower LLC 1 mo. USD LIBOR + 3.500%, 5.99%, 11/18/2023

    191,506  
    540,916    

Reynolds Group Holdings, Inc. 1 mo. USD LIBOR + 2.750%, 5.15%, 02/05/2023

    536,426  
     

 

 

 
    2,381,399  
 

 

 

 
      Pharmaceuticals - 0.1%  
    114,713    

Catalent Pharma Solutions, Inc. 1 mo. USD LIBOR + 2.250%, 4.65%, 05/18/2026

    114,617  
    803,600    

Endo Luxembourg Finance Co. S.a r.l. 1 mo. USD LIBOR + 4.250%, 6.69%, 04/29/2024

    752,708  
    470,020    

Valeant Pharmaceuticals International, Inc. 1 mo. USD LIBOR + 3.000%, 5.41%, 06/02/2025

    469,729  
     

 

 

 
    1,337,054  
 

 

 

 
      Real Estate - 0.0%  
    286,364    

VICI Properties LLC 1 mo. USD LIBOR + 2.000%, 4.40%, 12/20/2024

    282,784  
     

 

 

 
      Retail - 0.2%  
    301,527    

Albertsons LLC 3 mo. USD LIBOR + 3.000%, 5.31%, 12/21/2022

    301,452  
    976,962    

American Builders & Contractors Supply Co., Inc. 1 mo. USD LIBOR + 2.000%, 4.40%, 10/31/2023

    961,898  
    658,275    

Bass Pro Group LLC 1 mo. USD LIBOR + 5.000%, 7.40%, 09/25/2024

    627,691  
    390,380    

Coty, Inc. 1 mo. USD LIBOR + 2.250%, 4.67%, 04/07/2025

    380,621  
    491,406    

Harbor Freight Tools USA, Inc. 1 mo. USD LIBOR + 2.500%, 4.90%, 08/18/2023

    477,814  
    316,051    

Neiman Marcus Group Ltd. LLC 3 mo. USD LIBOR + 6.000%, 8.42%, 10/25/2023

    269,961  
    133,650    

Rodan & Fields LLC 1 mo. USD LIBOR + 4.000%, 6.39%, 06/16/2025

    119,840  
    386,113    

Staples, Inc. 3 mo. USD LIBOR + 5.000%, 7.60%, 04/16/2026

    370,124  
    498,262    

U.S. Foods, Inc. 1 mo. USD LIBOR + 2.000%, 4.40%, 06/27/2023

    494,470  
 

 

 

 
    4,003,871  
 

 

 

 
      Semiconductors - 0.0%  
    120,727    

Microchip Technology, Inc. 1 mo. USD LIBOR + 2.000%, 4.41%, 05/29/2025

    119,935  
 

 

 

 
      Software - 0.3%  
    513,451    

Almonde, Inc. 3 mo. USD LIBOR + 3.500%, 5.90%, 06/13/2024

    499,618  
    718,125    

Change Healthcare Holdings LLC 1 mo. USD LIBOR + 2.750%, 5.15%, 03/01/2024

    712,114  
    343,204    

Epicor Software Corp. 1 mo. USD LIBOR + 3.250%, 5.66%, 06/01/2022

    340,691  
    1,604,646    

First Data Corp. 1 mo. USD LIBOR + 2.000%, 4.40%, 04/26/2024

    1,602,656  
    808,579    

Hyland Software, Inc. 1 mo. USD LIBOR + 3.500%, 5.65%, 07/01/2024

    802,515  
    723,423    

Infor U.S., Inc. 1 mo. USD LIBOR + 2.750%, 5.08%, 02/01/2022

    721,101  
    139,300    

Quest Software U.S. Holdings, Inc. 3 mo. USD LIBOR + 4.250%, 6.83%, 05/16/2025

    136,862  
    63,193    

SS&C Technologies Holdings Europe S.a.r.l. 1 mo. USD LIBOR + 2.250%, 4.65%, 04/16/2025

    62,909  
 

 

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

 

 

  84  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
SENIOR FLOATING RATE INTERESTS - 2.4%(10) - (continued)  
      Software - 0.3% - (continued)  
$     419,640    

SS&C Technologies, Inc. 1 mo. USD LIBOR + 2.250%, 4.65%, 04/16/2025

  $ 417,906  
    140,000    

Ultimate Software Group, Inc. 1 mo. USD LIBOR + 3.750%, 6.08%, 05/04/2026

    140,175  
     

 

 

 
        5,436,547  
     

 

 

 
          Telecommunications - 0.1%  
    198,990    

CenturyLink, Inc. 1 mo. USD LIBOR + 2.750%, 5.15%, 01/31/2025

    194,127  
    300,000    

Level 3 Financing, Inc. 1 mo. USD LIBOR + 2.250%, 4.65%, 02/22/2024

    297,450  
   

Sprint Communications, Inc.

 

    997,050    

1 mo. USD LIBOR + 2.500%, 4.94%, 02/02/2024

    980,848  
    99,500    

1 mo. USD LIBOR + 3.000%, 5.44%, 02/02/2024

    98,474  
    642,416    

Univision Communications, Inc. 1 mo. USD LIBOR + 2.750%, 5.15%, 03/15/2024

    610,900  
    158,800    

Zacapa LLC 1 mo. USD LIBOR + 5.000%, 7.33%, 07/02/2025

    159,462  
    361,056    

Zayo Group LLC 1 mo. USD LIBOR + 2.250%, 4.65%, 01/19/2024

    360,644  
     

 

 

 
        2,701,905  
     

 

 

 
          Transportation - 0.0%  
    240,063    

Savage Enterprises LLC 1 mo. USD LIBOR + 4.500%, 6.92%, 08/01/2025

    240,214  
     

 

 

 
   

Total Senior Floating Rate Interests
(cost $51,986,718)

  $ 50,199,423  
     

 

 

 
U.S. GOVERNMENT AGENCIES - 45.3%  
          Mortgage-Backed Agencies - 45.3%  
          FHLMC - 8.6%  
$     125,904    

0.00%, 11/15/2036(13)(14)

  $ 114,563  
    53,303,154    

0.29%, 10/25/2020(3)(5)

    100,210  
    21,032,473    

0.74%, 03/25/2027(3)(5)

    864,439  
    2,168,257    

1.75%, 10/15/2042

    2,120,990  
    807,660    

2.50%, 05/15/2028(5)

    58,724  
    2,429,432    

3.00%, 03/15/2028(5)

    170,503  
    2,336,100    

3.00%, 08/01/2029

    2,395,749  
    1,110,735    

3.00%, 05/15/2032(5)

    68,119  
    837,781    

3.00%, 03/15/2033(5)

    93,359  
    6,087,549    

3.00%, 04/01/2033

    6,213,718  
    5,757,330    

3.00%, 11/01/2036

    5,851,040  
    3,732,075    

3.00%, 01/01/2037

    3,792,807  
    4,225,000    

3.00%, 08/15/2043

    4,279,350  
    1,248,460    

3.00%, 05/15/2046

    1,273,854  
    8,948,371    

3.00%, 11/01/2046

    9,102,603  
    1,656,175    

3.00%, 12/01/2046

    1,689,570  
    20,977,000    

3.00%, 07/01/2049(15)

    21,168,333  
    1,173,638    

3.25%, 11/15/2041

    1,208,785  
    3,575,000    

3.30%, 04/25/2029

    3,816,869  
    1,213,748    

3.50%, 06/15/2026(5)

    61,797  
    438,820    

3.50%, 09/15/2026(5)

    36,787  
    750,070    

3.50%, 03/15/2027

    56,039  
    4,802,386    

3.50%, 08/01/2034

    4,981,582  
    2,978,139    

3.50%, 03/15/2041(5)

    309,824  
    1,410,961    

3.50%, 06/01/2046

    1,454,849  
    5,974,344    

3.50%, 10/01/2047

    6,154,556  
    59,994,830    

3.50%, 03/01/2048

    61,750,153  
    241,558    

3.50%, 08/01/2048

    247,754  
    4,000    

3.50%, 07/01/2049(15)

    4,092  
    3,572,443    

4.00%, 08/01/2025

    3,746,997  
    1,663,274    

4.00%, 12/15/2026

    120,312  
    2,821,036    

4.00%, 07/15/2027(5)

    227,461  
Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 45.3% - (continued)  
          Mortgage-Backed Agencies - 45.3% - (continued)  
          FHLMC - 8.6% - (continued)  
$     1,243,752    

4.00%, 03/15/2028(5)

  $ 99,041  
    679,962    

4.00%, 06/15/2028(5)

    57,736  
    1,663,438    

4.00%, 07/15/2030

    155,543  
    997,616    

4.00%, 11/15/2040

    1,085,423  
    3,874,216    

4.00%, 05/01/2042

    4,088,021  
    1,134,203    

4.00%, 08/01/2042

    1,196,949  
    1,635,531    

4.00%, 09/01/2042

    1,726,018  
    430,310    

4.00%, 07/01/2044

    451,291  
    295,727    

4.00%, 06/01/2045

    309,509  
    1,649,759    

4.00%, 02/01/2046

    1,726,636  
    664,177    

4.00%, 09/01/2048

    689,629  
    776,011    

4.50%, 09/01/2044

    825,932  
    2,376,082    

4.75%, 07/15/2039

    2,623,370  
    87,929    

5.00%, 03/01/2028

    92,986  
    361,471    

5.00%, 03/01/2031

    382,525  
    576,377    

5.00%, 05/01/2031

    611,541  
    726,275    

5.00%, 09/01/2031

    768,039  
    696,557    

5.00%, 11/01/2031

    736,613  
    210,274    

5.00%, 07/01/2032

    222,387  
    1,112,431    

5.00%, 09/15/2033(5)

    187,599  
    16,859    

5.00%, 12/01/2034

    17,830  
    17,216    

5.00%, 11/01/2035

    18,828  
    35,049    

5.00%, 03/01/2039

    38,033  
    371,502    

5.00%, 08/01/2039

    403,935  
    15,404    

5.00%, 09/01/2039

    16,744  
    15,033    

5.00%, 12/01/2039

    16,342  
    15,170    

5.00%, 04/01/2041

    16,371  
    37,862    

5.00%, 04/01/2044

    41,129  
    23,135    

5.00%, 05/01/2044

    24,887  
    6,250,000    

5.00%, 07/01/2049(15)

    6,611,206  
    43,382    

5.50%, 03/01/2028

    46,261  
    88,368    

5.50%, 04/01/2033

    97,350  
    903,884    

5.50%, 05/01/2034

    1,004,680  
    1,267    

5.50%, 11/01/2035

    1,406  
    18,328    

5.50%, 05/01/2037

    20,332  
    46,922    

5.50%, 11/01/2037

    52,141  
    84,460    

5.50%, 02/01/2038

    92,290  
    35,125    

5.50%, 04/01/2038

    38,311  
    43,311    

5.50%, 06/01/2038

    47,126  
    4,791,531    

5.50%, 08/01/2038

    5,323,827  
    481,510    

5.50%, 09/01/2038

    523,008  
    9,633    

5.50%, 12/01/2039

    10,484  
    124,121    

5.50%, 02/01/2040

    135,077  
    411,431    

5.50%, 05/01/2040

    449,679  
    409,975    

5.50%, 08/01/2040

    446,157  
    1,783,964    

5.50%, 06/01/2041

    1,953,949  
    1,412    

6.00%, 07/01/2029

    1,547  
    218,702    

6.00%, 10/01/2032

    248,141  
    191,060    

6.00%, 11/01/2032

    210,450  
    268,887    

6.00%, 12/01/2032

    305,070  
    19,272    

6.00%, 11/01/2033

    21,867  
    33,349    

6.00%, 01/01/2034

    37,823  
    20,593    

6.00%, 02/01/2034

    23,366  
    230,284    

6.00%, 08/01/2034

    261,304  
    242,641    

6.00%, 09/01/2034

    275,270  
    228,374    

6.00%, 01/01/2035

    251,948  
    1,690,758    

6.00%, 11/01/2037

    1,918,431  
    103    

6.50%, 07/01/2031

    114  
    257    

6.50%, 08/01/2032

    285  
    838,287    

6.50%, 07/15/2036

    945,076  
    160,662    

6.50%, 12/01/2037

    180,668  
    103    

7.50%, 09/01/2029

    110  
    734    

7.50%, 11/01/2031

    802  
     

 

 

 
        183,702,231  
     

 

 

 
 

 

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

 

 

  85  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 45.3% - (continued)  
          Mortgage-Backed Agencies - 45.3% - (continued)  
          FNMA - 26.9%  
$     135,745    

0.00%, 03/25/2036(14)

  $ 116,138  
    1,126,092    

0.00%, 06/25/2036(13)(14)

    996,262  
    3,413,248    

1.64%, 05/25/2046(3)(5)

    178,921  
    2,369,353    

1.75%, 12/25/2042

    2,347,257  
    3,281,166    

1.77%, 04/25/2055(3)(5)

    191,471  
    2,445,154    

1.80%, 06/25/2055(3)(5)

    133,190  
    3,191,650    

1.88%, 08/25/2044(3)(5)

    180,099  
    1,842,216    

2.00%, 09/25/2039

    1,778,599  
    1,195,636    

2.00%, 08/25/2043

    1,162,769  
    830,618    

2.50%, 06/25/2028(5)

    57,713  
    28,675,000    

2.50%, 07/01/2034(15)

    28,876,061  
    218,899    

2.50%, 01/01/2043

    217,646  
    4,608,556    

2.50%, 02/01/2043

    4,594,534  
    1,844,364    

2.50%, 03/01/2043

    1,838,752  
    3,685,936    

2.50%, 05/01/2043

    3,674,721  
    2,584,996    

2.50%, 06/01/2043

    2,575,398  
    1,600,812    

2.50%, 04/01/2045

    1,589,500  
    1,922,843    

3.00%, 02/25/2027(5)

    117,340  
    771,502    

3.00%, 09/25/2027

    57,124  
    5,154,895    

3.00%, 01/25/2028

    365,136  
    14,927,000    

3.00%, 07/01/2034(15)

    15,220,435  
    3,659,172    

3.00%, 03/01/2037

    3,726,631  
    1,800,613    

3.00%, 05/25/2047

    1,837,956  
    6,490,714    

3.00%, 09/25/2047

    6,614,801  
    5,575,169    

3.00%, 06/25/2048

    5,683,218  
    4,383,989    

3.00%, 10/25/2048

    4,457,192  
    167,315,000    

3.00%, 07/01/2049(15)

    168,743,059  
    4,349,000    

3.13%, 01/01/2030

    4,568,192  
    476,620    

3.24%, 12/01/2026

    503,953  
    1,710,000    

3.35%, 05/01/2029

    1,819,915  
    845,078    

3.50%, 05/25/2027(5)

    73,884  
    1,304,977    

3.50%, 10/25/2027

    118,990  
    1,480,596    

3.50%, 05/25/2030(5)

    158,864  
    428,037    

3.50%, 08/25/2030(5)

    44,298  
    948,053    

3.50%, 02/25/2031(5)

    71,186  
    8,975,000    

3.50%, 07/01/2034(15)

    9,263,930  
    882,932    

3.50%, 09/25/2035(5)

    110,897  
    1,924,905    

3.50%, 10/01/2044

    2,004,452  
    2,216,269    

3.50%, 02/01/2045

    2,287,096  
    4,236,600    

3.50%, 09/01/2046

    4,362,793  
    2,004,937    

3.50%, 10/01/2046

    2,064,773  
    825,252    

3.50%, 10/25/2046(5)

    163,632  
    1,419,672    

3.50%, 11/01/2046

    1,477,276  
    1,395,308    

3.50%, 09/01/2047

    1,439,040  
    5,209,089    

3.50%, 11/25/2047

    5,458,480  
    1,044,190    

3.50%, 12/01/2047

    1,077,577  
    6,209,568    

3.50%, 01/01/2048

    6,383,675  
    1,128,478    

3.50%, 02/01/2048

    1,165,218  
    1,497,101    

3.50%, 02/25/2048

    1,549,619  
    3,431,443    

3.50%, 04/25/2048

    3,646,142  
    41,689,000    

3.50%, 07/01/2049(15)

    42,622,117  
    8,915,927    

3.50%, 09/01/2057

    9,159,664  
    5,279,241    

3.50%, 05/01/2058

    5,423,560  
    5,741,103    

3.50%, 12/25/2058

    5,979,058  
    1,385,706    

3.66%, 02/01/2029

    1,503,242  
    1,932,285    

3.74%, 06/01/2026

    2,100,378  
    666,665    

3.89%, 05/01/2030

    732,674  
    286,776    

3.96%, 05/01/2034

    321,096  
    1,755,894    

4.00%, 06/01/2025

    1,840,441  
    528,259    

4.00%, 10/01/2025

    549,515  
    390,303    

4.00%, 04/25/2032(5)

    46,220  
    4,037,098    

4.00%, 10/01/2040

    4,257,650  
    1,834,163    

4.00%, 11/01/2040

    1,933,975  
    1,359,845    

4.00%, 12/01/2040

    1,434,146  
    652,495    

4.00%, 02/01/2041

    688,149  
Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 45.3% - (continued)  
          Mortgage-Backed Agencies - 45.3% - (continued)  
          FNMA - 26.9% - (continued)  
$     1,553,864    

4.00%, 03/01/2041

  $ 1,638,746  
    3,857,259    

4.00%, 06/01/2041

    4,068,522  
    645,895    

4.00%, 03/25/2042(5)

    78,624  
    692,546    

4.00%, 08/01/2042

    730,402  
    1,308,975    

4.00%, 09/01/2042

    1,380,520  
    357,949    

4.00%, 11/25/2042(5)

    52,022  
    288,571    

4.00%, 03/01/2045

    301,828  
    1,211,324    

4.00%, 07/01/2045

    1,280,758  
    665,365    

4.00%, 05/01/2046

    695,927  
    1,573,675    

4.00%, 06/01/2046

    1,645,960  
    1,432,749    

4.00%, 04/01/2047

    1,516,077  
    10,814,313    

4.00%, 07/01/2048

    11,199,929  
    4,273,919    

4.00%, 09/01/2048

    4,434,690  
    5,532,882    

4.00%, 02/01/2049

    5,759,866  
    72,322,500    

4.00%, 07/01/2049(15)

    74,747,846  
    435,720    

4.50%, 04/01/2025

    446,914  
    646,927    

4.50%, 07/25/2027(5)

    55,273  
    1,030,837    

4.50%, 09/01/2035

    1,105,409  
    3,942,233    

4.50%, 08/01/2040

    4,236,220  
    3,634,628    

4.50%, 10/01/2040

    3,903,731  
    1,597,643    

4.50%, 10/01/2041

    1,715,836  
    1,482,596    

4.50%, 09/01/2043

    1,592,177  
    41,325,000    

4.50%, 07/01/2049(15)

    43,182,608  
    7,197,916    

4.50%, 01/01/2051

    7,658,370  
    12,800    

5.00%, 01/01/2020

    13,097  
    510,134    

5.00%, 06/01/2022

    524,374  
    221,423    

5.00%, 06/01/2025

    228,124  
    527,078    

5.00%, 04/25/2038

    566,867  
    324,316    

5.47%, 05/25/2042(3)(5)

    31,507  
    658    

5.50%, 08/01/2019

    657  
    2,943    

5.50%, 09/01/2019

    2,939  
    927    

5.50%, 10/01/2019

    927  
    1,200    

5.50%, 01/01/2020

    1,200  
    60    

5.50%, 03/01/2020

    60  
    85,248    

5.50%, 05/01/2020

    85,606  
    108,940    

5.50%, 06/01/2022

    111,699  
    219,172    

5.50%, 06/01/2033

    241,594  
    176,179    

5.50%, 08/01/2033

    191,238  
    1,078,187    

5.50%, 09/01/2033

    1,197,562  
    1,057,939    

5.50%, 12/01/2033

    1,174,401  
    758,398    

5.50%, 01/01/2034

    842,340  
    3,777,355    

5.50%, 11/01/2035

    4,195,867  
    1,113,249    

5.50%, 04/01/2036

    1,236,386  
    883,165    

5.50%, 09/01/2036

    980,868  
    77,184    

5.50%, 01/01/2037

    85,466  
    617,592    

5.50%, 04/25/2037

    696,006  
    2,460,597    

5.50%, 06/25/2042(5)

    512,128  
    1,418    

6.00%, 03/01/2022

    1,425  
    372,289    

6.00%, 12/01/2032

    413,901  
    352,968    

6.00%, 01/01/2033

    397,947  
    72,761    

6.00%, 02/01/2033

    79,646  
    510,343    

6.00%, 03/01/2033

    573,907  
    995,824    

6.00%, 02/01/2037

    1,127,615  
    2,461,458    

6.00%, 01/25/2042(5)

    397,319  
    1,687,118    

6.00%, 09/25/2047(5)

    393,183  
    1,242    

6.50%, 05/01/2031

    1,390  
    1,003    

6.50%, 09/01/2031

    1,140  
    1,461    

6.50%, 07/01/2032

    1,699  
    1,237    

7.00%, 07/01/2029

    1,429  
    89    

7.00%, 12/01/2030

    91  
    638    

7.00%, 02/01/2032

    668  
    192    

7.00%, 03/01/2032

    223  
    1,821    

7.00%, 09/01/2032

    1,929  
    1,221    

7.50%, 10/01/2022

    1,294  
    1,562    

7.50%, 06/01/2027

    1,780  
 

 

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

 

 

  86  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 45.3% - (continued)  
          Mortgage-Backed Agencies - 45.3% - (continued)  
          FNMA - 26.9% - (continued)  
$     2,062    

7.50%, 10/01/2029

  $ 2,099  
    13,383    

7.50%, 03/01/2030

    14,953  
    8,032    

7.50%, 04/01/2030

    8,515  
    1,040    

7.50%, 06/01/2030

    1,195  
    1,886    

7.50%, 07/01/2030

    2,148  
    453    

7.50%, 08/01/2030

    514  
    5,367    

7.50%, 10/01/2030

    5,411  
    7,374    

7.50%, 01/01/2031

    7,505  
    18,709    

7.50%, 05/01/2031

    20,976  
    6,697    

7.50%, 06/01/2031

    6,883  
    1,570    

7.50%, 08/01/2031

    1,771  
    37,438    

7.50%, 09/01/2031

    38,908  
    257    

7.50%, 05/01/2032

    305  
     

 

 

 
        575,594,627  
     

 

 

 
          GNMA - 9.8%  
    1,963,510    

1.75%, 09/20/2043

    1,925,872  
    1,838,222    

2.00%, 01/20/2042

    1,815,264  
    1,797,335    

2.50%, 12/16/2039

    1,823,913  
    2,675,414    

2.50%, 07/20/2041

    2,707,401  
    942,988    

3.00%, 09/20/2028(5)

    74,403  
    585,249    

3.00%, 02/16/2043(5)

    85,991  
    6,143,720    

3.00%, 03/15/2045

    6,288,447  
    358,484    

3.00%, 04/15/2045

    366,177  
    4,215,563    

3.00%, 07/15/2045

    4,306,028  
    102,644    

3.00%, 08/15/2045

    104,846  
    1,477,298    

3.00%, 10/20/2047

    1,507,968  
    9,135,000    

3.00%, 07/01/2049(15)

    9,335,185  
    391,060    

3.50%, 02/16/2027(5)

    32,542  
    979,667    

3.50%, 03/20/2027(5)

    88,748  
    910,109    

3.50%, 07/20/2040(5)

    80,358  
    1,328,942    

3.50%, 02/20/2041

    128,170  
    2,324,352    

3.50%, 04/20/2042

    213,925  
    3,493,278    

3.50%, 10/20/2042(5)

    575,880  
    387,393    

3.50%, 11/15/2042

    403,230  
    11,567    

3.50%, 12/15/2042

    12,009  
    255,967    

3.50%, 02/15/2043

    265,744  
    13,738    

3.50%, 03/15/2043

    14,263  
    1,690,051    

3.50%, 04/15/2043

    1,754,620  
    4,540,698    

3.50%, 05/15/2043

    4,711,032  
    360,213    

3.50%, 05/20/2043(5)

    51,386  
    1,977,633    

3.50%, 07/20/2043(5)

    265,971  
    2,285,049    

3.50%, 08/20/2047

    2,362,738  
    56,411,000    

3.50%, 07/01/2049(15)

    58,273,004  
    19,200,000    

3.50%, 08/01/2049(15)

    19,810,502  
    289,265    

4.00%, 12/16/2026

    25,659  
    4,001,759    

4.00%, 05/20/2029(5)

    369,709  
    4,983,554    

4.00%, 07/20/2040

    5,277,219  
    5,814,045    

4.00%, 09/20/2040

    6,157,442  
    8,733,971    

4.00%, 10/20/2040

    9,244,537  
    1,371,305    

4.00%, 12/20/2040

    1,465,590  
    438,945    

4.00%, 05/16/2042(5)

    62,838  
    661,672    

4.00%, 03/20/2043(5)

    135,860  
    300,098    

4.00%, 01/20/2044(5)

    60,304  
    2,845,289    

4.00%, 01/16/2046

    432,208  
    2,351,939    

4.00%, 03/20/2047(5)

    375,972  
    3,638,763    

4.00%, 07/20/2047(5)

    600,616  
    1,146,680    

4.00%, 11/20/2047

    1,210,737  
    4,951,945    

4.00%, 03/20/2048

    5,175,082  
    5,772,203    

4.00%, 04/20/2049

    5,986,556  
    4,266,000    

4.00%, 07/01/2049(15)

    4,422,309  
    243,658    

4.50%, 11/15/2039

    262,476  
    1,901,655    

4.50%, 05/15/2040

    2,048,804  
    5,740,474    

4.50%, 05/20/2040

    6,123,454  
    262,603    

4.50%, 07/15/2041

    278,250  
    1,114,123    

4.50%, 04/20/2045

    247,260  
Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 45.3% - (continued)  
          Mortgage-Backed Agencies - 45.3% - (continued)  
          GNMA - 9.8% - (continued)  
$     522,508    

4.50%, 01/20/2046

  $ 553,413  
    9,040,000    

4.50%, 07/01/2049(15)

    9,422,699  
    2,789,390    

5.00%, 02/16/2040(5)

    590,655  
    618,635    

5.00%, 05/20/2040

    680,558  
    1,509,693    

5.00%, 06/15/2041

    1,661,058  
    1,797,771    

5.00%, 10/16/2041(5)

    292,227  
    2,349,242    

5.00%, 03/15/2044

    2,584,760  
    662,727    

5.00%, 01/16/2047(5)

    138,956  
    5,444,572    

5.00%, 02/20/2049

    5,714,062  
    4,400,000    

5.00%, 07/01/2049(15)

    4,599,805  
    511,153    

5.50%, 03/15/2033

    571,946  
    671,331    

5.50%, 04/15/2033

    753,770  
    813,986    

5.50%, 05/15/2033

    898,918  
    1,103,029    

5.50%, 10/20/2034

    1,207,342  
    2,321,607    

5.50%, 03/20/2039(5)

    506,920  
    2,032,533    

5.50%, 02/16/2047(5)

    430,652  
    1,221,334    

5.50%, 02/20/2047(5)

    248,891  
    1,443    

6.00%, 12/15/2023

    1,579  
    1,031    

6.00%, 01/15/2029

    1,128  
    1,185    

6.00%, 04/15/2029

    1,331  
    44,172    

6.00%, 12/15/2031

    48,762  
    912    

6.00%, 10/15/2032

    1,041  
    19,707    

6.00%, 06/15/2033

    21,882  
    1,536    

6.00%, 03/15/2034

    1,685  
    53,882    

6.00%, 08/15/2034

    61,470  
    76,482    

6.00%, 09/15/2034

    84,687  
    41,637    

6.00%, 02/15/2035

    47,484  
    284,284    

6.00%, 12/15/2035

    315,086  
    25,282    

6.00%, 02/15/2036

    27,654  
    179,317    

6.00%, 03/15/2036

    204,450  
    17,287    

6.00%, 04/15/2036

    18,909  
    117,696    

6.00%, 05/15/2036

    134,499  
    232,861    

6.00%, 06/15/2036

    263,198  
    65,060    

6.00%, 07/15/2036

    71,564  
    19,282    

6.00%, 08/15/2036

    21,152  
    165,429    

6.00%, 02/15/2037

    188,584  
    596    

6.00%, 05/15/2037

    677  
    351,856    

6.00%, 06/15/2037

    400,320  
    263,150    

6.00%, 07/15/2037

    300,402  
    70,163    

6.00%, 08/15/2037

    78,871  
    92,671    

6.00%, 10/15/2037

    105,886  
    57,988    

6.00%, 11/15/2037

    64,639  
    87,702    

6.00%, 12/15/2037

    99,566  
    164,178    

6.00%, 01/15/2038

    185,356  
    13,199    

6.00%, 02/15/2038

    15,041  
    25,218    

6.00%, 05/15/2038

    28,354  
    8,624    

6.00%, 06/15/2038

    9,845  
    32,954    

6.00%, 08/15/2038

    37,136  
    95,223    

6.00%, 09/15/2038

    106,814  
    109,494    

6.00%, 10/15/2038

    123,123  
    244,003    

6.00%, 11/15/2038

    278,927  
    74,336    

6.00%, 12/15/2038

    81,820  
    1,516    

6.00%, 01/15/2039

    1,710  
    35,729    

6.00%, 08/15/2039

    39,573  
    67,616    

6.00%, 11/15/2039

    77,265  
    13,766    

6.00%, 02/15/2040

    15,057  
    813,389    

6.00%, 06/15/2040

    929,304  
    155,684    

6.00%, 07/15/2040

    177,919  
    1,834,639    

6.00%, 09/20/2040(5)

    412,669  
    859,782    

6.00%, 06/15/2041

    982,328  
    1,779,546    

6.00%, 02/20/2046(5)

    374,785  
    22,177    

6.50%, 06/15/2028

    24,364  
    475    

6.50%, 07/15/2028

    521  
    1,903    

6.50%, 08/15/2028

    2,091  
    15,108    

6.50%, 09/15/2028

    16,598  
    953    

6.50%, 10/15/2028

    1,047  
 

 

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

 

 

  87  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 45.3% - (continued)  
          Mortgage-Backed Agencies - 45.3% - (continued)  
          GNMA - 9.8% - (continued)  
$     2,919    

6.50%, 11/15/2028

  $ 3,206  
    4,752    

6.50%, 12/15/2028

    5,220  
    5,727    

6.50%, 01/15/2029

    6,291  
    22,306    

6.50%, 02/15/2029

    24,506  
    164,128    

6.50%, 03/15/2029

    180,314  
    32,066    

6.50%, 04/15/2029

    35,227  
    20,726    

6.50%, 05/15/2029

    22,770  
    161,061    

6.50%, 06/15/2029

    176,942  
    6,683    

6.50%, 07/15/2029

    7,342  
    211    

6.50%, 03/15/2031

    232  
    202,987    

6.50%, 04/15/2031

    223,003  
    45,499    

6.50%, 05/15/2031

    51,777  
    8,016    

6.50%, 06/15/2031

    9,055  
    177,271    

6.50%, 07/15/2031

    195,592  
    93,779    

6.50%, 08/15/2031

    103,028  
    126,984    

6.50%, 09/15/2031

    139,718  
    147,158    

6.50%, 10/15/2031

    161,668  
    287,463    

6.50%, 11/15/2031

    316,560  
    64,576    

6.50%, 12/15/2031

    70,942  
    204,431    

6.50%, 01/15/2032

    226,656  
    55,717    

6.50%, 02/15/2032

    64,251  
    41,519    

6.50%, 03/15/2032

    45,613  
    199,483    

6.50%, 04/15/2032

    224,896  
    692    

6.50%, 05/15/2032

    760  
    35,578    

6.50%, 06/15/2032

    39,088  
    5,479    

7.00%, 06/20/2030

    6,040  
    624    

7.00%, 02/15/2031

    688  
    185    

7.00%, 06/15/2031

    196  
    152    

7.00%, 08/15/2031

    170  
    597    

8.50%, 11/15/2024

    598  
     

 

 

 
        209,035,633  
     

 

 

 
        968,332,491  
     

 

 

 
   

Total U.S. Government Agencies
(cost $957,579,511)

  $ 968,332,491  
     

 

 

 
U.S. GOVERNMENT SECURITIES - 16.0%  
          U.S. Treasury Securities - 16.0%  
          U.S. Treasury Bonds - 8.0%  
$     5,119,000    

2.50%, 02/15/2046

  $ 5,092,205  
    13,709,000    

2.88%, 11/15/2046(16)(17)

    14,671,308  
    1,095,000    

3.00%, 05/15/2045(16)

    1,197,442  
    6,430,000    

3.00%, 02/15/2048(16)(18)

    7,044,115  
    15,000,000    

3.00%, 08/15/2048

    16,450,781  
    11,865,000    

3.13%, 02/15/2043

    13,230,402  
    47,195,000    

3.13%, 08/15/2044(16)(18)

    52,653,765  
    8,240,000    

3.13%, 05/15/2048

    9,246,181  
    42,820,000    

3.38%, 05/15/2044

    49,758,178  
    2,015,000    

3.75%, 11/15/2043

    2,480,497  
     

 

 

 
        171,824,874  
     

 

 

 
          U.S. Treasury Notes - 8.0%  
    67,479,923    

0.38%, 07/15/2027(17)(19)

    68,102,041  
    16,129,500    

0.63%, 01/15/2026(19)

    16,516,770  
    17,222,198    

0.88%, 01/15/2029(19)

    18,127,415  
    17,260,000    

1.75%, 03/31/2022

    17,270,787  
    47,780,000    

2.88%, 05/31/2025(16)

    50,592,674  
     

 

 

 
        170,609,687  
     

 

 

 
        342,434,561  
     

 

 

 
   

Total U.S. Government Securities
(cost $331,284,164)

  $ 342,434,561  
     

 

 

 
COMMON STOCKS - 0.0%  
          Energy - 0.0%      
    64,657    

Ascent Resources - Marcellus LLC Class A(20)(21)

  $ 171,341  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 0.0% - (continued)  
          Energy - 0.0% - (continued)      
    30,559    

Philadelphia Energy Solutions Class A

  $ 7,640  
    14,557    

Templar Energy LLC Class A*

    10,918  
     

 

 

 
        189,899  
     

 

 

 
   

Total Common Stocks
(cost $593,434)

  $ 189,899  
     

 

 

 
PREFERRED STOCKS - 0.1%  
          Banks - 0.1%  
    2,242    

U.S. Bancorp Series A, 3.62%(2)(7)

  $ 1,798,084  
     

 

 

 
   

Total Preferred Stocks
(cost $1,591,820)

  $ 1,798,084  
     

 

 

 
WARRANTS - 0.0%  
          Energy - 0.0%  
    16,740    

Ascent Resources - Marcellus LLC Expires 3/30/23*(20)(21)

  $ 502  
     

 

 

 
   

Total Warrants
(cost $1,339)

  $ 502  
     

 

 

 
ESCROWS - 0.0%(22)  
          Energy - Alternate Sources - 0.0%  
    800,000    

TCEH Corp.*(20)(21)

  $ 1  
     

 

 

 
   

Total Escrows
(cost $—)

  $ 1  
     

 

 

 
   

Total Long-Term Investments
(cost $2,577,185,970)

  $ 2,627,737,392  
     

 

 

 
SHORT-TERM INVESTMENTS - 2.5%  
          Other Investment Pools & Funds - 2.1%  
    43,587,016    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 2.29%(23)

  $ 43,587,016  
     

 

 

 
          Securities Lending Collateral - 0.4%  
    441,832    

Citibank NA DDCA, 2.36%, 7/1/2019(23)

    441,832  
    4,010,693    

Fidelity Investments Money Market Funds, Government Portfolio, Institutional Class, 2.28%(23)

    4,010,693  
    558,980    

Goldman Sachs Financial Square Funds, Government Fund, Institutional Class, 2.28%(23)

    558,980  
    1,699,586    

Invesco Government & Agency Portfolio, Institutional Class, 2.25%(23)

    1,699,586  
    1,981,023    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 2.29%(23)

    1,981,023  
    144,530    

Western Asset Institutional Government Reserves Fund, Institutional Class, 2.21%(23)

    144,530  
     

 

 

 
        8,836,644  
     

 

 

 
   

Total Short-Term Investments
(cost $52,423,661)

  $ 52,423,660  
     

 

 

 
   

Total Investments Excluding Purchased Options
(cost $2,629,609,631)

    125.5    $ 2,680,161,052  
        

 

 

 
   

Total Purchased Options
(cost $6,534,710)

    0.2    $ 5,523,557  
     

 

 

    

 

 

 
   

Total Investments
(cost $2,636,144,341)

    125.7    $ 2,685,684,609  
   

Other Assets and Liabilities

    (25.7 )%       (549,578,084
     

 

 

    

 

 

 
   

Total Net Assets

    100.0    $ 2,136,106,525  
     

 

 

    

 

 

 
 

 

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

 

 

  88  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (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. These classifications are used for financial reporting purposes.

 

    

See “Glossary” for abbreviation descriptions.

 

*

Non-income producing.

 

(1) 

Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions that are exempt from registration (typically only to qualified institutional buyers) or in a public offering registered under the Securities Act of 1933. At June 30, 2019, the aggregate value of these securities was $617,783,754, representing 28.9% of net assets.

 

(2) 

Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2019.

 

(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) 

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

 

(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) 

Security is exempt from registration under Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the United States. Security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. At June 30, 2019, the aggregate value of these securities was $21,086,927, representing 1.0% of 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 $2,855,854 at June 30, 2019.

(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, 2019.

 

(11) 

Represents an unsettled loan commitment. The coupon rate will be determined at time of settlement.

 

(12) 

This security, or a portion of this security, has unfunded loan commitments. As of June 30, 2019, the aggregate value of the unfunded commitment was $18,675, which rounds to 0.0% of total net assets.

 

(13) 

Securities disclosed are principal-only strips.

 

(14) 

Security is a zero-coupon bond.

 

(15) 

Represents or includes a TBA transaction.

 

(16) 

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

 

(17) 

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

 

(18) 

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

 

(19) 

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

 

(20) 

Investment valued using significant unobservable inputs.

 

(21) 

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, 2019, the aggregate fair value of these securities was $171,844, 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.

 

(22) 

Share amount represents shares of the issuer previously held that resulted in receipt of the escrow.

 

(23) 

Current yield as of period end.

 
OTC Swaption Contracts Outstanding at June 30, 2019  

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 07/20/48*

  CITI   2.91%     Pay       07/18/28     USD     3,200,000       3,200,000     $     483,200     $     374,080     $     109,120  

3 Month USD-LIBOR-BBA-Interest Rate Swap Expiring 08/04/57*

  BOA   2.45%     Pay       08/02/27     USD     5,070,000       5,070,000       740,727       436,020       304,707  

3 Month USD-LIBOR-BBA-Interest Rate Swap Expiring 08/04/57*

  JPM   2.45%     Receive       08/02/27     USD     6,000,000       6,000,000       876,600       616,200       260,400  

 

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

 

 

  89  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

OTC Swaption Contracts Outstanding at June 30, 2019 – (continued)  

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 – (continued):                                                  
Calls – (continued)                                                      

3 Month USD-LIBOR-BBA-Interest Rate Swap Expiring 08/04/57*

  BCLY   2.45%     Receive       08/02/27     USD     7,000,000       7,000,000     $ 1,022,700     $ 1,009,321     $ 13,379  
             

 

 

   

 

 

   

 

 

   

 

 

 

Total Calls

            21,270,000     $ 3,123,227     $ 2,435,621     $ 687,606  
             

 

 

   

 

 

   

 

 

   

 

 

 
Puts  

3 Month USD-LIBOR-BBA-Interest Rate Swap Expiring 07/20/48*

  CITI   2.91%     Receive       07/18/28     USD     3,200,000       3,200,000     $ 221,088     $ 374,080     $ (152,992

3 Month USD-LIBOR-BBA-Interest Rate Swap Expiring 08/04/57*

  BOA   2.45%     Receive       08/02/27     USD     5,070,000       5,070,000       611,442       1,161,030       (549,588

3 Month USD-LIBOR-BBA-Interest Rate Swap Expiring 08/04/57*

  JPM   2.45%     Pay       08/02/27     USD     6,000,000       6,000,000       723,600       1,185,600       (462,000

3 Month USD-LIBOR-BBA-Interest Rate Swap Expiring 08/04/57*

  BCLY   2.45%     Pay       08/02/27     USD     7,000,000       7,000,000       844,200       1,378,379       (534,179
             

 

 

   

 

 

   

 

 

   

 

 

 

Total Puts

            21,270,000     $ 2,400,330     $ 4,099,089     $ (1,698,759
             

 

 

   

 

 

   

 

 

   

 

 

 

Total purchased swaption contracts

            42,540,000     $     5,523,557     $     6,534,710     $     (1,011,153
             

 

 

   

 

 

   

 

 

   

 

 

 

 

*

Swaptions with forward premiums.

 

Exchange-Traded Options Contracts Outstanding at June 30, 2019  

Description

   Exercise Price/
FX Rate/Rate
     Expiration
Date
     Number of
Contracts
    Notional
Amount
    Market
Value
    Premiums
Paid
(Received)
by Fund
    Unrealized
Appreciation/
(Depreciation)
 
Written option contracts:  
Calls  

U.S. Treasury 10-Year Future Option

     124.50    USD        07/26/19        (3     USD       (3,000   $ (10,453   $ (2,716   $ (7,737
          

 

 

   

 

 

   

 

 

   

 

 

 
Puts  

U.S. Treasury 10-Year Future Option

     124.50    USD        07/26/19        (3     USD       (3,000   $ (47   $ (2,107   $ 2,060  
          

 

 

   

 

 

   

 

 

   

 

 

 

Total written option contracts

 

    USD       (6,000   $     (10,500   $     (4,823   $     (5,677
          

 

 

   

 

 

   

 

 

   

 

 

 

 

Futures Contracts Outstanding at June 30, 2019  

Description

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

U.S. Treasury 2-Year Note Future

     2,246        09/30/2019      $ 483,293,579      $ 1,737,057  

U.S. Treasury 5-Year Note Future

     1,226        09/30/2019        144,859,562        1,794,646  

U.S. Treasury 10-Year Note Future

     11        09/19/2019        1,407,656        (20

U.S. Treasury Long Bond Future

     22        09/19/2019        3,423,063        47,397  

U.S. Treasury Ultra Bond Future

     155        09/19/2019        27,522,188        608,855  
           

 

 

 

Total

            $ 4,187,935  
           

 

 

 
Short position contracts:  

Euro-Buxl Future

     6        09/06/2019      $ 1,384,306      $ (711

U.S. Treasury 10-Year Ultra Future

     794        09/19/2019            109,671,250        (2,562,084
           

 

 

 

Total

            $     (2,562,795
           

 

 

 

Total futures contracts

            $ 1,625,140  
           

 

 

 

 

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

 

 

  90  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

 

TBA Sale Commitments Outstanding at June 30, 2019  

Description

   Principal
Amount
     Maturity
Date
     Market
Value
    Unrealized
Appreciation/
(Depreciation)
 

FNMA, 3.00%

   $ 1,746,000        07/01/2049      $ (1,760,902   $ (4,467

FNMA, 3.50%

         11,625,000        07/01/2034        (11,999,240     (4,147

FNMA, 3.50%

     36,465,000        07/01/2049        (37,281,189     (143,154

FNMA, 4.00%

     3,200,000        07/01/2034        (3,321,875     (6,875

FNMA, 5.00%

     4,487,500        07/01/2049        (4,743,515     (7,801

FNMA, 5.50%

     13,400,000        07/01/2049        (14,292,331     (25,519

FNMA, 6.00%

     3,300,000        07/01/2049        (3,613,501     (34,031
        

 

 

   

 

 

 

Total (proceeds receivable $76,786,559)

         $     (77,012,553   $     (225,994
        

 

 

   

 

 

 

At June 30, 2019, the aggregate market value of TBA Sale Commitments represents (3.6)% of total net assets.

 

OTC Credit Default Swap Contracts Outstanding at June 30, 2019  

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       1,411,564      (0.09%)      08/25/37        Monthly      $ 297,734      $     $ 33,503     $ (264,231

ABX.HE.AAA.07

   CSI      USD       3,431,235      (0.09%)      08/25/37        Monthly        832,161              82,017       (750,144

ABX.HE.PENAAA.06

   MSC      USD       628,693      (0.11%)      05/25/46        Monthly        68,098              37,707       (30,391

ABX.HE.PENAAA.06

   JPM      USD       1,435,256      (0.11%)      05/25/46        Monthly        155,094              86,077       (69,017

ABX.HE.PENAAA.06

   GSC      USD       589,125      (0.11%)      05/25/46        Monthly        145,197              35,338       (109,859
                   

 

 

    

 

 

   

 

 

   

 

 

 

Total

         $     1,498,284      $     $ 274,642     $     (1,223,642
                   

 

 

    

 

 

   

 

 

   

 

 

 
Sell protection:  

ABX.HE.AAA.07

   MSC      USD       1,411,563      0.09%      08/25/37        Monthly      $ 13,353      $     $ (33,499   $ (46,852

ABX.HE.AAA.07

   MSC      USD       3,431,233      0.09%      08/25/37        Monthly        32,659              (81,429     (114,088

ABX.HE.PENAAA.06

   BCLY      USD       2,653,079      0.11%      05/25/46        Monthly               (69,461     (159,123     (89,662

CMBX.NA.BB.6

   CSI      USD       3,270,000      5.00%      05/11/63        Monthly               (654,618     (675,904     (21,286

CMBX.NA.BB.6

   CSI      USD       1,825,000      5.00%      05/11/63        Monthly               (352,608     (377,226     (24,618

CMBX.NA.BB.6

   MSC      USD       1,065,000      5.00%      05/11/63        Monthly               (186,494     (219,839     (33,345

CMBX.NA.BB.6

   CSI      USD       965,000      5.00%      05/11/63        Monthly               (136,425     (199,464     (63,039

CMBX.NA.BB.6

   CSI      USD       2,671,000      5.00%      05/11/63        Monthly               (467,695     (551,350     (83,655

CMBX.NA.BB.6

   CSI      USD       2,795,000      5.00%      05/11/63        Monthly               (489,407     (576,946     (87,539

CMBX.NA.BB.6

   CSI      USD       2,795,000      5.00%      05/11/63        Monthly               (489,408     (576,947     (87,539

CMBX.NA.BB.6

   CSI      USD       2,800,000      5.00%      05/11/63        Monthly               (490,283     (577,978     (87,695

CMBX.NA.BB.6

   GSC      USD       2,855,000      5.00%      05/11/63        Monthly               (297,241     (589,332     (292,091

CMBX.NA.BB.8

   MSC      USD       5,083,000      5.00%      10/17/57        Monthly               (1,345,351     (722,409     622,942  

CMBX.NA.BB.8

   GSC      USD       3,445,000      5.00%      10/17/57        Monthly               (816,371     (490,569     325,802  

CMBX.NA.BB.8

   CSI      USD       2,507,000      5.00%      10/17/57        Monthly               (663,500     (356,301     307,199  

CMBX.NA.BB.8

   DEUT      USD       1,455,000      5.00%      10/17/57        Monthly               (346,326     (207,193     139,133  

CMBX.NA.BB.8

   GSC      USD       240,000      5.00%      10/17/57        Monthly               (26,341     (34,110     (7,769

CMBX.NA.BBB-.6

   MSC      USD       465,000      3.00%      05/11/63        Monthly               (38,991     (46,450     (7,459

CMBX.NA.BBB-.6

   MSC      USD       4,245,000      3.00%      05/11/63        Monthly               (613,009     (424,042     188,967  

CMBX.NA.BBB-.6

   CSI      USD       920,000      3.00%      05/11/63        Monthly               (125,326     (92,054     33,272  

CMBX.NA.BBB-.6

   GSC      USD       2,725,000      3.00%      05/11/63        Monthly               (295,422     (272,433     22,989  

CMBX.NA.BBB-.6

   DEUT      USD       485,000      3.00%      05/11/63        Monthly               (70,779     (48,448     22,331  
                   

 

 

    

 

 

   

 

 

   

 

 

 

Total

         $ 46,012      $ (7,975,056   $ (7,313,046   $ 615,998  
                   

 

 

    

 

 

   

 

 

   

 

 

 

Total traded indices

         $ 1,544,296      $ (7,975,056   $ (7,038,404   $ (607,644
                   

 

 

    

 

 

   

 

 

   

 

 

 

Total OTC contracts

         $ 1,544,296      $     (7,975,056   $     (7,038,404   $ (607,644
                   

 

 

    

 

 

   

 

 

   

 

 

 

 

(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.

 

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

 

 

  91  

 


Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

 

Centrally Cleared Credit Default Swap Contracts Outstanding at June 30, 2019  

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.NA.HY.32

   USD      7,114,000       (5.00 %)      06/20/24        Quarterly      $ (494,982   $ (563,701   $ (68,719

CDX.NA.IG.32

   USD      46,413,000       (1.00 %)      06/20/24        Quarterly        (899,406     (1,040,581     (141,175
               

 

 

   

 

 

   

 

 

 

Total

 

        $ (1,394,388   $ (1,604,282   $ (209,894
               

 

 

   

 

 

   

 

 

 
Credit default swaps on indices:  
Sell protection:  

CDX.EM.31

   USD      13,830,000       1.00     06/20/24        Quarterly      $ (474,864   $ (442,428   $ 32,436  
               

 

 

   

 

 

   

 

 

 

Total

 

        $     (1,869,252   $     (2,046,710   $     (177,458
               

 

 

   

 

 

   

 

 

 

 

(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, 2019  

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

  

2.00% Fixed

   USD     17,550,000        03/21/23      Semi-Annual    $ 61,590      $     $ (256,848   $ (318,438

3 Mo. USD LIBOR

  

2.36% Fixed

   USD     26,540,000        04/09/24      Semi-Annual                   (730,869     (730,869

3 Mo. USD LIBOR

  

2.36% Fixed

   USD     27,595,000        04/09/24      Semi-Annual                   (764,575     (764,575

3 Mo. USD LIBOR

  

2.36% Fixed

   USD     28,350,000        04/09/24      Semi-Annual                   (782,079     (782,079

3 Mo. USD LIBOR

  

2.36% Fixed

   USD     37,805,000        04/09/24      Semi-Annual                   (1,039,268     (1,039,268

3 Mo. USD LIBOR

  

1.86% Fixed

   USD     16,340,000        06/21/24      Semi-Annual                   (92,469     (92,469

3 Mo. USD LIBOR

  

2.79% Fixed

   USD     17,092,000        09/30/25      Semi-Annual                   (1,014,943     (1,014,943

3 Mo. USD LIBOR

  

2.25% Fixed

   USD     4,420,000        05/24/26      Semi-Annual                   (121,061     (121,061

3 Mo. USD LIBOR

  

1.62% Fixed

   USD     13,700,000        11/14/26      Annual                   49,804       49,804  

3 Mo. USD LIBOR

  

2.75% Fixed

   USD     22,395,000        12/20/47      Semi-Annual             (477,228     (2,658,465     (2,181,237

3 Mo. USD LIBOR

  

2.88% Fixed

   USD     1,350,000        12/31/48      Semi-Annual                   (215,433     (215,433

3 Mo. USD LIBOR

  

2.87% Fixed

   USD     675,000        01/28/49      Semi-Annual                   (105,975     (105,975

3 Mo. USD LIBOR

  

2.39% Fixed

   USD     1,625,000        05/31/49      Semi-Annual                   (64,640     (64,640

3 Mo. USD LIBOR

  

2.26% Fixed

   USD     4,955,000        06/21/49      Semi-Annual                   (57,470     (57,470
                

 

 

    

 

 

   

 

 

   

 

 

 

Total

                 $     61,590      $     (477,228   $     (7,854,291   $     (7,438,653
                

 

 

    

 

 

   

 

 

   

 

 

 

 

OTC Total Return Swap Contracts Outstanding at June 30, 2019  

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)
 

3 Mo. USD LIBOR

   MSC      USD       21,260,000      (1.00%)      12/20/19        Quarterly      $     —      $     —      $     280,839      $     280,839  
                   

 

 

    

 

 

    

 

 

    

 

 

 

 

Foreign Currency Contracts Outstanding at June 30, 2019  
Amount and Description of
Currency to be Purchased
     Amount and Description of
Currency to be Sold
     Counterparty      Settlement
Date
    Appreciation     Depreciation  
  54,410,000        EGP        3,050,743        USD        GSC        09/18/19     $ 128,154     $  
  391,000        EUR        446,074        USD        BMO        07/31/19             (326
  983,000        EUR        1,123,479        USD        CIBC        07/31/19             (2,839
  2,223,000        EUR        2,540,487        USD        BNP        07/31/19             (6,222
  15,671,349        USD        13,715,000        EUR        GSC        07/31/19       35,972        
  362,683        USD        317,000        EUR        BCLY        09/18/19             (47
  7,232,444        USD        6,335,000        EUR        BNP        09/18/19       2,531       (18,967
                

 

 

   

 

 

 
  Total                    $     166,657     $     (28,401
                

 

 

   

 

 

 

 

 

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 Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total     Level 1     Level 2     Level 3(1)  

Assets

 

Asset & Commercial Mortgage Backed Securities

   $ 587,180,928     $     $ 587,180,928     $  

Corporate Bonds

     628,597,212             628,597,212        

Foreign Government Obligations

     30,822,929             30,822,929        

Municipal Bonds

     18,181,362             18,181,362        

Senior Floating Rate Interests

     50,199,423             50,199,423        

U.S. Government Agencies

     968,332,491             968,332,491        

U.S. Government Securities

     342,434,561             342,434,561        

Common Stocks

 

Energy

     189,899             18,558       171,341  

Preferred Stocks

     1,798,084       1,798,084              

Warrants

     502                   502  

Escrows

     1                   1  

Short-Term Investments

     52,423,660       52,423,660              

Purchased Options

     5,523,557             5,523,557        

Foreign Currency Contracts(2)

     166,657             166,657        

Futures Contracts(2)

     4,187,955       4,187,955              

Swaps - Credit Default(2)

     1,695,071             1,695,071        

Swaps - Interest Rate(2)

     49,804             49,804        

Swaps - Total Return(2)

     280,839             280,839        
  

 

 

   

 

 

   

 

 

   

 

 

 

Total

   $     2,692,064,935     $     58,409,699     $     2,633,483,392     $     171,844  
  

 

 

   

 

 

   

 

 

   

 

 

 

Liabilities

        

Foreign Currency Contracts(2)

   $ (28,401   $     $ (28,401   $  

Futures Contracts(2)

     (2,562,815     (2,562,815            

Swaps - Credit Default(2)

     (2,480,173           (2,480,173      

Swaps - Interest Rate(2)

     (7,488,457           (7,488,457      

TBA Sale Commitments

     (77,012,553           (77,012,553      

Written Options

     (10,500     (10,500            
  

 

 

   

 

 

   

 

 

   

 

 

 

Total

   $ (89,582,899   $ (2,573,315   $ (87,009,584   $  
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, there were no transfers in and out of Level 3.

 

(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, 2019 is not presented.

 

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

 

 

  93  

 


Hartford Ultrashort Bond HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 38.7%  
          Asset-Backed - Automobile - 27.5%  
   

Ally Auto Receivables Trust

 

$     717,763    

2.72%, 05/17/2021

  $ 718,254  
    1,310,000    

2.85%, 03/15/2022

    1,314,560  
   

American Credit Acceptance Receivables Trust

 

    960,190    

2.85%, 07/12/2022(1)

    961,833  
    335,953    

2.92%, 08/12/2021(1)

    336,109  
    372,009    

2.94%, 01/10/2022(1)

    372,125  
    1,577,388    

3.06%, 07/12/2022(1)

    1,582,873  
   

AmeriCredit Automobile Receivables Trust

 

    29,086    

1.46%, 05/10/2021

    29,075  
    435,798    

2.71%, 07/19/2021

    436,045  
    946,557    

2.86%, 11/18/2021

    948,274  
    795,000    

2.93%, 06/20/2022

    798,279  
    690,000    

2.97%, 11/20/2023

    699,659  
    1,295,694    

3.11%, 01/18/2022

    1,298,063  
   

ARI Fleet Lease Trust

 

    458,865    

1.91%, 04/15/2026(1)

    457,629  
    2,450,000    

2.28%, 04/15/2026(1)

    2,450,194  
    157,485    

2.54%, 10/15/2019(1)

    157,494  
    419,966    

2.55%, 10/15/2026(1)

    420,211  
    630,000    

Bank of The West Auto Trust 2.40%, 10/17/2022(1)

    630,495  
    565,000    

BMW Floorplan Master Owner Trust 1 mo. USD LIBOR + 0.320%, 2.71%, 05/15/2023(1)(2)

    565,387  
    2,340,009    

BMW Vehicle Lease Trust 2.97%, 12/21/2020

    2,346,430  
   

Canadian Pacer Auto Receivables Trust

 

    225,058    

2.05%, 03/19/2021(1)

    224,731  
    346,018    

2.70%, 08/19/2020(1)

    346,077  
    1,815,000    

2.78%, 03/21/2022(1)

    1,823,529  
    814,137    

3.00%, 06/21/2021(1)

    816,623  
   

Capital Auto Receivables Asset Trust

 

    249,543    

2.02%, 08/20/2021(1)

    249,052  
    1,610,388    

3.02%, 02/22/2021(1)

    1,613,965  
   

CarMax Auto Owner Trust

 

    964,183    

1.40%, 08/15/2021

    959,832  
    5,436    

1.56%, 11/16/2020

    5,433  
    830,000    

1.88%, 06/15/2021

    827,523  
    689,367    

2.23%, 05/17/2021

    689,095  
    715,000    

2.69%, 07/15/2022

    718,165  
    1,619,236    

2.88%, 10/15/2021

    1,623,381  
    870,000    

3.02%, 07/15/2022

    873,976  
    2,227,485    

3.11%, 02/15/2022

    2,238,718  
   

Chesapeake Funding LLC

 

    679,264    

1.91%, 08/15/2029(1)

    675,882  
    976,706    

2.12%, 11/15/2029(1)

    973,812  
    1,330,977    

1 mo. USD LIBOR + 0.370%, 2.76%, 08/15/2030(1)(2)

    1,329,702  
    351,546    

1 mo. USD LIBOR + 0.450%, 2.84%, 05/15/2029(1)(2)

    351,435  
    1,505,000    

2.94%, 04/15/2031

    1,522,418  
    741,131    

3.04%, 04/15/2030(1)

    748,358  
    980,000    

3.39%, 01/15/2031(1)

    996,073  
    105,780    

1 mo. USD LIBOR + 1.150%, 3.54%, 03/15/2028(1)(2)

    105,858  
   

CPS Auto Receivables Trust

 

    13,641    

1.87%, 03/15/2021(1)

    13,637  
    93,080    

2.16%, 05/17/2021(1)

    92,995  
    598,385    

2.89%, 05/16/2022(1)

    599,523  
    807,972    

3.06%, 01/18/2022(1)

    810,336  
    983,306    

3.18%, 06/15/2022(1)

    988,005  
    469,800    

CPS Auto Trust 2.87%, 09/15/2021(1)

    470,171  
   

Drive Auto Receivables Trust

 

    263,217    

3.01%, 11/15/2021

    263,322  
    584,235    

3.04%, 11/15/2021

    584,751  
    605,000    

3.04%, 03/15/2023

    610,647  
    1,290,000    

3.18%, 10/17/2022

    1,299,463  
Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 38.7% - (continued)  
          Asset-Backed - Automobile - 27.5% - (continued)  
$     2,500,000    

3.34%, 10/15/2022

  $ 2,515,798  
   

DT Auto Owner Trust

 

    209,812    

2.84%, 09/15/2021(1)

    209,871  
    673,177    

2.85%, 09/15/2022(1)

    675,408  
    1,250,554    

3.02%, 02/15/2022(1)

    1,253,972  
    866,620    

3.08%, 09/15/2022(1)

    869,768  
   

Enterprise Fleet Financing LLC

 

    177,676    

1.74%, 02/22/2022(1)

    177,490  
    368,228    

1.97%, 01/20/2023(1)

    367,419  
    2,283,283    

2.13%, 05/22/2023(1)

    2,279,200  
    945,034    

2.87%, 10/20/2023(1)

    949,503  
    1,470,000    

2.98%, 10/22/2024(1)

    1,486,969  
    1,417,703    

3.14%, 02/20/2024(1)

    1,428,292  
    540,000    

3.38%, 05/20/2024(1)

    547,129  
   

Exeter Automobile Receivables Trust

 

    470,858    

2.90%, 01/18/2022(1)

    471,248  
    1,418,049    

2.93%, 07/15/2022(1)

    1,421,946  
    624,268    

3.05%, 12/15/2021(1)

    625,430  
    1,652,601    

3.20%, 04/15/2022(1)

    1,658,071  
   

First Investors Auto Owner Trust

 

    29,125    

1.86%, 10/15/2021(1)

    29,108  
    830,000    

2.66%, 05/16/2022

    833,610  
    270,830    

2.84%, 05/16/2022(1)

    271,092  
    869,890    

2.89%, 03/15/2024(1)

    876,249  
    735,189    

3.23%, 12/15/2022(1)

    739,254  
   

Flagship Credit Auto Trust

 

    93,271    

1.85%, 07/15/2021(1)

    93,191  
    625,673    

1.88%, 10/15/2021(1)

    624,286  
    1,873,847    

2.83%, 10/16/2023(1)

    1,884,074  
    645,273    

3.07%, 02/15/2023(1)

    648,464  
    1,297,864    

3.11%, 08/15/2023(1)

    1,308,348  
    1,794,831    

3.41%, 05/15/2023(1)

    1,814,594  
   

Ford Credit Auto Lease Trust

 

    1,245,000    

2.35%, 02/15/2022

    1,246,458  
    759,875    

2.71%, 12/15/2020

    760,484  
    1,685,000    

2.84%, 09/15/2021

    1,691,371  
    1,650,797    

2.93%, 04/15/2021

    1,654,435  
   

Ford Credit Auto Owner Trust

 

    550,000    

2.01%, 03/15/2022

    549,121  
    1,000,000    

2.12%, 07/15/2026(1)

    998,293  
    2,285,000    

2.78%, 02/15/2022

    2,294,035  
   

GM Financial Automobile Leasing Trust

 

    192,118    

2.39%, 04/20/2020

    192,101  
    490,000    

2.67%, 03/21/2022

    494,078  
    1,294,378    

2.83%, 07/20/2020

    1,295,306  
    675,508    

2.89%, 09/21/2020

    676,341  
    990,000    

2.91%, 04/20/2021

    993,647  
    805,000    

2.98%, 12/20/2021

    815,231  
    2,244,564    

GM Financial Consumer Automobile 1.78%, 10/18/2021(1)

    2,238,610  
   

GM Financial Consumer Automobile Receivables Trust

 

    19,498    

1.71%, 09/16/2020(1)

    19,489  
    747,114    

2.08%, 01/19/2021

    746,555  
    1,583,536    

2.74%, 07/16/2021

    1,585,519  
    1,191,662    

2.93%, 11/16/2021

    1,194,708  
    1,431,669    

2.99%, 03/16/2022

    1,437,368  
    2,350,000    

Great American Auto Leasing, Inc. 2.97%, 06/15/2021(1)

    2,360,543  
   

Honda Auto Receivables Owner Trust

 

    1,779,000    

1.62%, 08/15/2022

    1,777,278  
    813,985    

2.67%, 12/21/2020

    815,002  
    985,000    

2.98%, 05/17/2021

    988,706  
    2,500,000    

Huntington Auto Trust 1.93%, 04/15/2022

    2,494,078  
   

Hyundai Auto Lease Securitization Trust

 

    256,934    

1.88%, 08/17/2020(1)

    256,865  
 

 

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

 

 

  94  

 


Hartford Ultrashort Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 38.7% - (continued)  
          Asset-Backed - Automobile - 27.5% - (continued)  
$     1,728,546    

2.81%, 12/15/2020(1)

  $ 1,730,660  
    2,150,000    

2.92%, 07/15/2021(1)

    2,161,818  
   

Hyundai Auto Receivables Trust

 

    268,580    

2.55%, 04/15/2021

    268,699  
    1,200,000    

2.55%, 11/15/2021

    1,199,907  
    1,225,000    

Mercedes-Benz Auto Lease Trust 3.01%, 02/16/2021

    1,228,546  
   

Mercedes-Benz Auto Receivables Trust

 

    261,240    

1.26%, 02/16/2021

    260,311  
    918,830    

2.71%, 04/15/2021

    919,792  
    2,392,539    

Nissan Auto Lease Trust 3.03%, 02/16/2021

    2,401,562  
    1,075,000    

Nissan Auto Receivables Owner Trust 2.82%, 01/18/2022

    1,079,975  
    866,205    

OneMain Direct Auto Receivables Trust 2.31%, 12/14/2021(1)

    864,606  
    732,741    

Prestige Auto Receivables Trust 2.97%, 12/15/2021(1)

    734,181  
   

Santander Drive Auto Receivables Trust

 

    1,226,029    

2.97%, 07/15/2021

    1,226,786  
    900,000    

3.00%, 12/15/2022

    907,494  
    755,000    

3.03%, 02/15/2022

    755,865  
    655,000    

Santander Retail Auto Lease Trust 2.72%, 01/20/2022(1)

    658,349  
   

Securitized Term Auto Receivables Trust

 

    1,500,000    

2.21%, 06/25/2021(1)

    1,499,949  
    1,345,995    

2.81%, 12/29/2020(1)

    1,347,838  
    2,280,000    

2.99%, 02/27/2023(1)

    2,311,223  
   

Toyota Auto Receivables Owner Trust

 

    4,111    

1.30%, 04/15/2020

    4,108  
    995,000    

2.83%, 10/15/2021

    999,256  
    1,264,362    

United Auto Credit Securitization Trust 2.82%, 07/12/2021(1)

    1,265,892  
    832,873    

Volkswagen Auto Loan Enhanced Trust 2.81%, 07/20/2021

    834,917  
   

Westlake Automobile Receivables Trust

 

    259,280    

2.24%, 12/15/2020(1)

    259,199  
    546,776    

2.84%, 09/15/2021(1)

    547,206  
    1,710,000    

3.06%, 05/16/2022(1)

    1,718,737  
   

Wheels SPV LLC

 

    201,414    

1.88%, 04/20/2026(1)

    200,873  
    1,100,000    

2.37%, 06/22/2020(1)

    1,100,245  
    2,061,774    

3.06%, 04/20/2027(1)

    2,072,921  
   

World Omni Auto Receivables Trust

 

    855,000    

2.63%, 06/15/2022

    857,951  
    1,001,971    

2.80%, 01/18/2022

    1,003,864  
    1,491,154    

3.01%, 04/15/2022

    1,497,973  
    2,085,000    

3.02%, 04/15/2022

    2,096,385  
   

World Omni Automobile Lease Securitization Trust

 

    919,492    

2.59%, 11/16/2020

    919,912  
    1,131,651    

2.96%, 06/15/2021

    1,136,280  
     

 

 

 
        135,678,163  
     

 

 

 
          Asset-Backed - Credit Card - 1.6%  
   

Barclays Dryrock Issuance Trust

 

    1,750,000    

2.41%, 07/15/2022

    1,749,679  
    915,000    

1 mo. USD LIBOR + 0.330%, 2.72%, 03/15/2023(2)

    916,285  
    3,000,000    

Cabela’s Credit Card Master Note Trust 1 mo. USD LIBOR + 0.450%, 2.84%, 07/15/2022(2)

    3,000,375  
    2,250,000    

Chase Issuance Trust 1.27%, 07/15/2021

    2,249,064  
     

 

 

 
        7,915,403  
     

 

 

 
          Asset-Backed - Finance & Insurance - 6.4%  
   

CNH Equipment Trust

 

    453,652    

1.84%, 03/15/2021

    453,191  
    725,000    

2.55%, 09/15/2022

    728,925  
Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 38.7% - (continued)  
          Asset-Backed - Finance & Insurance - 6.4% - (continued)  
$     807,790    

2.78%, 08/16/2021

  $ 808,589  
    1,311,825    

2.93%, 12/15/2021

    1,315,750  
    1,505,000    

2.96%, 05/16/2022

    1,514,924  
   

DLL LLC

 

    655,952    

2.79%, 11/22/2021(1)

    658,731  
    1,111,418    

2.81%, 11/17/2020(1)

    1,112,348  
    1,225,000    

2.89%, 04/20/2023(1)

    1,239,955  
    74,383    

DLL Securitization Trust 1.89%, 07/15/2020(1)

    74,350  
    185,154    

Engs Commercial Finance Trust 2.97%, 02/22/2021(1)

    185,431  
   

GMF Floorplan Owner Revolving Trust

 

    742,000    

2.70%, 04/15/2024(1)

    750,575  
    2,675,000    

1 mo. USD LIBOR + 0.430%, 2.82%, 07/15/2022(1)(2)

    2,680,694  
    1,440,000    

1 mo. USD LIBOR + 0.570%, 2.96%, 01/18/2022(1)(2)

    1,444,320  
    276,867    

GreatAmerica Leasing Receivables Funding LLC 2.35%, 05/15/2020(1)

    276,713  
    2,135,000    

John Deere Owner Trust 2.85%, 12/15/2021

    2,147,567  
   

Kubota Credit Owner Trust

 

    2,425,000    

2.49%, 06/15/2022(1)

    2,433,584  
    855,160    

2.80%, 02/16/2021(1)

    856,792  
   

MMAF Equipment Finance LLC

 

    229,694    

1.93%, 10/15/2020(1)

    229,551  
    1,290,000    

2.84%, 01/10/2022(1)

    1,297,642  
    770,541    

2.92%, 07/12/2021(1)

    772,258  
    120,852    

Nationstar HECM Loan Trust 2.76%, 02/25/2028(1)(3)(4)(5)

    120,852  
   

New York City Tax Lien

 

    330,528    

1.87%, 11/10/2030(1)

    330,508  
    2,352,583    

3.22%, 11/10/2031(1)

    2,354,335  
    2,425,000    

SoFi Consumer Loan Program Trust 2.90%, 05/25/2028(1)

    2,437,556  
   

Verizon Owner Trust

 

    184,809    

1.42%, 01/20/2021(1)

    184,653  
    730,000    

1.92%, 12/20/2021(1)

    728,558  
    639,883    

2.06%, 09/20/2021(1)

    639,009  
    2,235,000    

2.33%, 12/20/2023

    2,241,748  
    1,060,000    

3.23%, 04/20/2023

    1,080,418  
    420,000    

Volvo Financial Equipment LLC 2.90%, 11/15/2021(1)

    422,063  
    230,000    

Volvo Financial Equipment Master Owner Trust 1 mo. USD LIBOR + 0.500%, 2.89%, 11/15/2022(1)(2)

    230,665  
     

 

 

 
        31,752,255  
     

 

 

 
          Asset-Backed - Home Equity - 0.2%  
    1,156,020    

New Residential Mortgage Loan Trust 4.00%, 08/27/2057(1)

    1,199,914  
     

 

 

 
          Asset-Backed - Student Loan - 0.5%  
   

SLM Student Loan Trust

 

    408,872    

3 mo. USD LIBOR + 0.090%, 2.67%, 10/25/2024(2)

    408,524  
    610,889    

3 mo. USD LIBOR + 0.120%, 2.70%, 01/25/2027(2)

    607,071  
    410,014    

1 mo. USD LIBOR + 0.520%, 2.92%, 03/25/2026(2)

    409,946  
    1,013,026    

1 mo. USD LIBOR + 0.600%, 3.00%, 11/25/2027(2)

    1,013,926  
     

 

 

 
        2,439,467  
     

 

 

 
          Commercial Mortgage - Backed Securities - 0.8%  
    1,365,000    

FREMF Mortgage Trust 1 mo. USD LIBOR + 0.320%, 2.72%, 02/25/2020(2)

    1,364,695  
    800,000    

GS Mortgage Securities Corp. Trust 1 mo. USD LIBOR + 0.700%, 3.09%, 07/15/2032(1)(2)

    798,999  
 

 

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

 

 

  95  

 


Hartford Ultrashort Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 38.7% - (continued)  
          Commercial Mortgage - Backed Securities - 0.8% - (continued)  
$     500,000    

JP Morgan Chase Commercial Mortgage Securities Trust 5.63%, 12/05/2027(1)

  $ 503,930  
    1,008,868    

SG Residential Mortgage Trust 3.43%, 04/27/2048(1)(3)

    1,017,397  
     

 

 

 
        3,685,021  
     

 

 

 
          Other ABS - 1.0%  
    1,925,000    

Daimler Trucks Retail Trust 2.77%, 04/15/2021(1)

    1,928,244  
    2,415,000    

Hertz Fleet Lease Funding L.P. 2.70%, 01/10/2033(1)

    2,435,399  
    745,000    

Nationstar HECM Loan Trust 2.65%, 06/25/2029(1)(3)

    745,000  
     

 

 

 
        5,108,643  
     

 

 

 
          Whole Loan Collateral CMO - 0.7%  
    699,814    

Bunker Hill Loan Depositary Trust 3.61%, 10/26/2048(1)(6)

    714,716  
    160,431    

OBX Trust 1 mo. USD LIBOR + 0.650%, 3.05%, 06/25/2057(1)(2)

    159,562  
   

Verus Securitization Trust

 

    401,775    

2.93%, 02/25/2048(1)(3)

    401,985  
    1,193,728    

3.21%, 04/25/2059(1)(3)

    1,203,118  
    782,875    

3.68%, 06/01/2058(1)(3)

    791,812  
     

 

 

 
        3,271,193  
     

 

 

 
   

Total Asset & Commercial Mortgage Backed Securities
(cost $190,368,582)

  $ 191,050,059  
     

 

 

 
CORPORATE BONDS - 33.9%  
          Aerospace/Defense - 0.3%  
$     1,500,000    

United Technologies Corp. 3 mo. USD LIBOR + 0.650%, 3.18%, 08/16/2021(2)

  $ 1,500,943  
     

 

 

 
          Agriculture - 0.4%  
    1,750,000    

Philip Morris International, Inc. 3 mo. USD LIBOR + 0.420%, 2.94%, 02/21/2020(2)

    1,752,305  
     

 

 

 
          Auto Manufacturers - 2.9%  
    2,000,000    

American Honda Finance Corp. 2.00%, 11/13/2019

    1,997,382  
   

Daimler Finance North America LLC

 

    1,750,000    

1.50%, 07/05/2019(1)

    1,749,807  
    715,000    

3 mo. USD LIBOR + 0.390%, 2.96%, 05/04/2020(1)(2)

    715,658  
    1,000,000    

General Motors Financial Co., Inc. 3 mo. USD LIBOR + 0.850%, 3.44%, 04/09/2021(2)

    999,544  
    1,250,000    

Hyundai Capital America 3 mo. USD LIBOR + 0.940%, 3.53%, 07/08/2021(1)(2)

    1,251,277  
    1,900,000    

Nissan Motor Acceptance Corp. 3 mo. USD LIBOR + 0.390%, 2.72%, 09/28/2020(1)(2)

    1,897,812  
    1,725,000    

PACCAR Financial Corp. 3 mo. USD LIBOR + 0.450%, 2.86%, 06/17/2022(2)

    1,724,993  
   

Toyota Motor Credit Corp.

 

    1,000,000    

2.20%, 01/10/2020

    1,000,295  
    2,000,000    

3 mo. USD LIBOR + 0.260%, 2.85%, 04/17/2020(2)

    2,003,207  
    1,195,000    

Volkswagen Group of America Finance LLC 3.88%, 11/13/2020(1)

    1,220,392  
     

 

 

 
        14,560,367  
     

 

 

 
          Biotechnology - 0.2%  
    1,205,000    

Gilead Sciences, Inc. 1.85%, 09/20/2019

    1,203,566  
     

 

 

 
          Chemicals - 0.4%  
    1,250,000    

Air Liquide Finance S.A. 1.38%, 09/27/2019(1)

    1,246,385  
    640,000    

DowDuPont, Inc. 3.77%, 11/15/2020

    652,249  
     

 

 

 
        1,898,634  
     

 

 

 
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 33.9% - (continued)  
          Commercial Banks - 14.5%  
$     1,000,000    

ABN Amro Bank N.V. 3 mo. USD LIBOR + 0.570%, 3.09%, 08/27/2021(1)(2)

  $ 1,003,680  
    1,500,000    

Bank of America Corp. 3 mo. USD LIBOR + 0.650%, 2.97%, 10/01/2021(2)

    1,503,950  
    1,500,000    

BB&T Corp. 3 mo. USD LIBOR + 0.570%, 2.98%, 06/15/2020(2)(7)

    1,507,400  
    718,000    

BPCE S.A. 2.25%, 01/27/2020

    717,336  
    1,750,000    

Canadian Imperial Bank of Commerce 3 mo. USD LIBOR + 0.315%, 2.89%, 02/02/2021(2)

    1,752,642  
   

Capital One Financial Corp.

 

    1,250,000    

3 mo. USD LIBOR + 0.760%, 3.30%, 05/12/2020(2)

    1,255,219  
    1,500,000    

3 mo. USD LIBOR + 0.950%, 3.40%, 03/09/2022(2)

    1,512,441  
    1,500,000    

Citibank NA 3 mo. USD LIBOR + 0.596%, 2.84%, 05/20/2022(2)

    1,511,446  
    1,500,000    

Citizens Bank NA 3 mo. USD LIBOR + 0.540%, 3.06%, 03/02/2020(2)

    1,502,640  
    2,070,000    

Commonwealth Bank of Australia 3 mo. USD LIBOR + 0.640%, 3.21%, 11/07/2019(1)(2)

    2,074,671  
    2,500,000    

Credit Agricole S.A. 3 mo. USD LIBOR + 0.970%, 3.42%, 06/10/2020(1)(2)

    2,518,066  
   

Danske Bank A/S

 

    1,500,000    

3 mo. USD LIBOR + 0.510%, 3.03%, 03/02/2020(1)(2)

    1,497,684  
    2,000,000    

3 mo. USD LIBOR + 0.580%, 3.05%, 09/06/2019(1)(2)

    2,000,094  
    1,500,000    

Deutsche Bank AG 3 mo. USD LIBOR + 0.970%, 3.57%, 07/13/2020(2)

    1,490,278  
    1,500,000    

DNB Bank ASA 3 mo. USD LIBOR + 0.370%, 2.69%, 10/02/2020(1)(2)

    1,502,338  
   

Fifth Third Bank

 

    500,000    

2.20%, 10/30/2020

    499,468  
    1,000,000    

3 mo. USD LIBOR + 0.250%, 2.83%, 10/30/2020(2)

    1,000,266  
    2,350,000    

3 mo. USD LIBOR + 0.590%, 2.90%, 09/27/2019(2)

    2,351,797  
   

Goldman Sachs Group, Inc.

 

    3,500,000    

3 mo. USD LIBOR + 1.170%, 3.69%, 11/15/2021(2)

    3,528,572  
    2,000,000    

3 mo. USD LIBOR + 1.160%, 3.75%, 04/23/2020(2)

    2,012,553  
   

HSBC Holdings plc

 

    750,000    

3 mo. USD LIBOR + 0.650%, 3.09%, 09/11/2021(2)

    750,694  
    1,785,000    

3 mo. USD LIBOR + 0.600%, 3.12%, 05/18/2021(2)

    1,786,410  
    1,500,000    

Huntington National Bank 3 mo. USD LIBOR + 0.510%, 2.96%, 03/10/2020(2)

    1,503,383  
    1,000,000    

ING Bank N.V. 1.65%, 08/15/2019(1)

    998,970  
    1,500,000    

JP Morgan Chase & Co. 3 mo. USD LIBOR + 0.680%, 3.20%, 06/01/2021(2)

    1,505,076  
    1,000,000    

KeyBank NA 1.60%, 08/22/2019

    998,780  
    1,250,000    

Manufacturers & Traders Trust Co. 3 mo. USD LIBOR + 0.270%, 2.85%, 01/25/2021(2)

    1,247,650  
    1,500,000    

Morgan Stanley 5.63%, 09/23/2019

    1,510,403  
   

PNC Bank NA

 

    2,000,000    

1.45%, 07/29/2019

    1,998,620  
    750,000    

2.50%, 01/22/2021

    752,509  
   

Regions Bank

 

    1,500,000    

3 mo. USD LIBOR + 0.380%, 2.70%, 04/01/2021(2)

    1,496,184  
    1,000,000    

3 mo. USD LIBOR + 0.500%, 3.04%, 08/13/2021(2)

    999,140  
 

 

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

 

 

  96  

 


Hartford Ultrashort Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 33.9% - (continued)  
          Commercial Banks - 14.5% - (continued)  
   

Santander UK plc

 

$     750,000    

2.13%, 11/03/2020

  $ 746,295  
    1,500,000    

3 mo. USD LIBOR + 0.620%, 3.14%, 06/01/2021(2)

    1,503,246  
   

Sumitomo Mitsui Banking Corp.

 

    1,000,000    

2.51%, 01/17/2020

    1,000,733  
    1,000,000    

3 mo. USD LIBOR + 0.350%, 2.94%, 01/17/2020(2)

    1,001,326  
   

SunTrust Bank

 

    1,000,000    

3 mo. USD LIBOR + 0.298%, 2.59%, 01/29/2021(2)

    1,000,741  
    3,000,000    

3 mo. USD LIBOR + 0.530%, 3.11%, 01/31/2020(2)(7)

    3,005,362  
   

Svenska Handelsbanken AB

 

    1,250,000    

3 mo. USD LIBOR + 0.360%, 2.81%, 09/08/2020(2)(7)

    1,252,644  
    1,665,000    

3 mo. USD LIBOR + 0.490%, 2.96%, 09/06/2019(2)

    1,666,843  
    1,250,000    

3 mo. USD LIBOR + 0.470%, 3.00%, 05/24/2021(2)

    1,255,625  
    2,250,000    

Toronto-Dominion Bank 1.45%, 08/13/2019

    2,247,300  
   

U.S. Bank NA

 

    1,000,000    

2.05%, 10/23/2020

    998,255  
    1,775,000    

3 mo. USD LIBOR + 0.290%, 2.81%, 05/21/2021(2)

    1,776,074  
    1,250,000    

3 mo. USD LIBOR + 0.320%, 2.90%, 01/24/2020(2)

    1,251,512  
   

UBS AG

 

    715,000    

2.45%, 12/01/2020(1)

    715,649  
    800,000    

3 mo. USD LIBOR + 0.580%, 3.03%, 06/08/2020(1)(2)

    803,102  
   

Wells Fargo Bank NA

 

    1,025,000    

2.60%, 01/15/2021

    1,029,180  
    2,000,000    

3 mo. USD LIBOR + 0.650%, 3.12%, 12/06/2019(2)

    2,005,445  
     

 

 

 
        71,549,692  
     

 

 

 
          Commercial Services - 0.2%  
    915,000    

Equifax, Inc. 3 mo. USD LIBOR + 0.870%, 3.39%, 08/15/2021(2)

    912,620  
     

 

 

 
          Diversified Financial Services - 1.3%  
    1,250,000    

AIG Global Funding 3 mo. USD LIBOR + 0.460%, 2.81%, 06/25/2021(1)(2)

    1,254,673  
    1,000,000    

American Express Co. 3 mo. USD LIBOR + 0.525%, 3.05%, 05/17/2021(2)

    1,003,770  
    1,395,000    

Private Export Funding Corp. 2.10%, 12/19/2019(1)

    1,394,125  
    1,700,000    

Synchrony Financial 3 mo. USD LIBOR + 1.230%, 3.81%, 02/03/2020(2)

    1,706,776  
    945,000    

USAA Capital Corp. 2.63%, 06/01/2021(1)

    952,918  
     

 

 

 
        6,312,262  
     

 

 

 
          Electric - 0.7%  
    1,250,000    

American Electric Power Co., Inc. 2.15%, 11/13/2020

    1,247,223  
    500,000    

Duke Energy Florida LLC 2.10%, 12/15/2019(7)

    499,170  
    1,500,000    

NextEra Energy Capital Holdings, Inc. 3.34%, 09/01/2020

    1,517,072  
     

 

 

 
        3,263,465  
     

 

 

 
          Electronics - 0.6%  
   

Honeywell International, Inc.

 

    1,000,000    

1.80%, 10/30/2019

    998,242  
    2,000,000    

3 mo. USD LIBOR + 0.280%, 2.86%, 10/30/2019(2)

    2,001,825  
     

 

 

 
        3,000,067  
     

 

 

 
Shares or Principal Amount   Market Value  
CORPORATE BONDS - 33.9% - (continued)  
          Food - 0.9%  
$     1,250,000    

Conagra Brands, Inc. 3 mo. USD LIBOR + 0.750%, 3.34%, 10/22/2020(2)

  $ 1,250,199  
    1,500,000    

JM Smucker Co. 2.20%, 12/06/2019

    1,497,737  
    1,500,000    

Kraft Heinz Foods Co. 3 mo. USD LIBOR + 0.570%, 3.12%, 02/10/2021(2)

    1,497,163  
     

 

 

 
        4,245,099  
     

 

 

 
          Healthcare - Services - 1.3%  
    2,000,000    

Cigna Corp. 3.20%, 09/17/2020(1)

    2,018,469  
    1,000,000    

HCA, Inc. 6.50%, 02/15/2020

    1,023,016  
    2,500,000    

Roche Holdings, Inc. 3 mo. USD LIBOR + 0.340%, 2.67%, 09/30/2019(1)(2)

    2,501,707  
    1,000,000    

UnitedHealth Group, Inc. 1.95%, 10/15/2020

    995,917  
     

 

 

 
        6,539,109  
     

 

 

 
          Insurance - 1.8%  
    440,000    

Allstate Corp. 3 mo. USD LIBOR + 0.430%, 2.76%, 03/29/2021(2)

    440,782  
   

MassMutual Global Funding II

 

    1,500,000    

1.55%, 10/11/2019(1)

    1,497,274  
    704,000    

1.95%, 09/22/2020(1)

    702,533  
   

Metropolitan Life Global Funding I

 

    795,000    

2.40%, 01/08/2021(1)

    796,754  
    2,000,000    

3 mo. USD SOFR + 0.570%, 2.99%, 09/07/2020(1)(2)

    2,005,413  
   

New York Life Global Funding

 

    2,000,000    

3 mo. USD LIBOR + 0.270%, 2.86%, 04/09/2020(1)(2)

    2,003,220  
    325,000    

2.95%, 01/28/2021(1)

    328,686  
    1,000,000    

Protective Life Global Funding 3 mo. USD LIBOR + 0.520%, 2.85%, 06/28/2021(1)(2)

    1,003,530  
     

 

 

 
        8,778,192  
     

 

 

 
          IT Services - 1.5%  
    1,425,000    

Apple, Inc. 3 mo. USD LIBOR + 0.070%, 2.61%, 05/11/2020(2)

    1,425,731  
   

Hewlett Packard Enterprise Co.

 

    2,000,000    

2.10%, 10/04/2019(1)

    1,997,196  
    1,000,000    

3 mo. USD LIBOR + 0.720%, 3.32%, 10/05/2021(2)

    1,000,143  
    1,500,000    

IBM Credit LLC 3.45%, 11/30/2020

    1,525,069  
    1,250,000    

International Business Machines Corp. 2.80%, 05/13/2021

    1,265,050  
     

 

 

 
        7,213,189  
     

 

 

 
          Machinery - Construction & Mining - 0.2%  
    1,000,000    

Caterpillar Financial Services Corp. 2.00%, 11/29/2019

    999,034  
     

 

 

 
          Machinery - Diversified - 0.6%  
   

John Deere Capital Corp.

 

    1,125,000    

3 mo. USD LIBOR + 0.290%, 2.63%, 06/22/2020(2)

    1,126,841  
    2,000,000    

3 mo. USD LIBOR + 0.300%, 2.75%, 03/13/2020(2)

    2,002,792  
     

 

 

 
        3,129,633  
     

 

 

 
          Media - 1.4%  
    2,500,000    

Comcast Corp. 3.30%, 10/01/2020

    2,534,273  
    1,125,000    

NBCUniversal Enterprise, Inc. 3 mo. USD LIBOR + 0.400%, 2.72%, 04/01/2021(1)(2)

    1,127,366  
    1,750,000    

Viacom, Inc. 4.50%, 03/01/2021

    1,803,625  
    1,315,000    

Walt Disney Co. 0.88%, 07/12/2019

    1,314,437  
     

 

 

 
        6,779,701  
     

 

 

 
          Miscellaneous Manufacturing - 0.6%  
   

Siemens Financieringsmaatschappij N.V.

 

    1,500,000    

3 mo. USD LIBOR + 0.340%, 2.75%, 03/16/2020(1)(2)

    1,502,621  
 

 

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

 

 

  97  

 


Hartford Ultrashort Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
CORPORATE BONDS - 33.9% - (continued)  
          Miscellaneous Manufacturing - 0.6% - (continued)  
$     1,700,000    

3 mo. USD LIBOR + 0.320%, 2.77%, 09/13/2019(1)(2)

  $ 1,701,218  
     

 

 

 
        3,203,839  
     

 

 

 
          Oil & Gas - 0.5%  
    980,000    

BP Capital Markets plc 1.77%, 09/19/2019(7)

    978,322  
    1,660,000    

Phillips 66 3 mo. USD LIBOR + 0.750%, 3.35%, 04/15/2020(1)(2)

    1,660,714  
     

 

 

 
        2,639,036  
     

 

 

 
          Oil & Gas Services - 0.3%  
    1,250,000    

Schlumberger Finance Canada Ltd. 2.20%, 11/20/2020(1)

    1,248,828  
     

 

 

 
          Pharmaceuticals - 1.3%  
   

Bayer U.S. Finance LLC

 

    900,000    

2.13%, 07/15/2019(1)

    899,791  
    1,000,000    

2.38%, 10/08/2019(1)

    998,688  
    1,500,000    

3 mo. USD LIBOR + 0.630%, 2.98%, 06/25/2021(1)(2)

    1,489,928  
    1,700,000    

Bristol-Myers Squibb Co. 2.55%, 05/14/2021(1)

    1,712,273  
    700,000    

CVS Health Corp. 3 mo. USD LIBOR + 0.720%, 3.17%, 03/09/2021(2)

    703,087  
    795,000    

Takeda Pharmaceutical Co., Ltd. 3.80%, 11/26/2020(1)

    809,423  
     

 

 

 
        6,613,190  
     

 

 

 
          Retail - 1.1%  
    3,000,000    

Alimentation Couche-Tard, Inc. 2.35%, 12/13/2019(1)

    2,996,640  
    1,100,000    

Dollar Tree, Inc. 3 mo. USD LIBOR + 0.700%, 3.29%, 04/17/2020(2)

    1,100,127  
    1,500,000    

Home Depot, Inc. 3 mo. USD LIBOR + 0.150%, 2.63%, 06/05/2020(2)

    1,501,778  
     

 

 

 
        5,598,545  
     

 

 

 
          Semiconductors - 0.6%  
    1,000,000    

Broadcom Corp. / Broadcom Cayman Finance Ltd. 2.38%, 01/15/2020

    998,262  
    1,750,000    

Broadcom, Inc. 3.13%, 04/15/2021(1)

    1,761,331  
     

 

 

 
        2,759,593  
     

 

 

 
          Trucking & Leasing - 0.3%  
    1,375,000    

Aviation Capital Group LLC 3 mo. USD LIBOR + 0.670%, 3.25%, 07/30/2021(1)(2)

    1,370,289  
     

 

 

 
   

Total Corporate Bonds
(cost $166,660,275)

  $ 167,071,198  
     

 

 

 
MUNICIPAL BONDS - 0.3%  
          Transportation - 0.3%  
$     1,490,000    

New York & New Jersey PA 2.29%, 09/15/2019

  $ 1,490,328  
     

 

 

 
   

Total Municipal Bonds
(cost $1,490,000)

  $ 1,490,328  
     

 

 

 
U.S. GOVERNMENT AGENCIES - 0.6%  
          Mortgage-Backed Agencies - 0.6%  
          FHLMC - 0.6%  
$     2,618,042    

3.00%, 05/15/2037

  $ 2,648,250  
     

 

 

 
   

Total U.S. Government Agencies
(cost $2,613,636)

  $ 2,648,250  
     

 

 

 
U.S. GOVERNMENT SECURITIES - 23.8%  
          Mortgage-Backed Agencies - 2.2%  
          FHLMC - 2.0%  
$     10,000,000    

1.50%, 01/17/2020

  $ 9,964,547  
     

 

 

 
Shares or Principal Amount   Market Value  
U.S. GOVERNMENT SECURITIES - 23.8% - (continued)  
          Mortgage-Backed Agencies - 2.2% - (continued)  
          FNMA - 0.2%
 
$     933,000    

1.63%, 01/21/2020

  $ 930,588  
     

 

 

 
        10,895,135  
     

 

 

 
          U.S. Treasury Securities - 21.6%  
          U.S. Treasury Notes - 21.6%  
    5,000,000    

1.00%, 11/15/2019(7)

    4,978,906  
    6,250,000    

1.38%, 04/30/2020

    6,217,041  
    15,000,000    

1.50%, 05/15/2020

    14,933,789  
    10,000,000    

1.63%, 06/30/2020

    9,967,188  
    14,050,000    

1.63%, 07/31/2020

    14,003,350  
    7,500,000    

1.63%, 10/15/2020

    7,475,977  
    7,500,000    

1.88%, 12/31/2019

    7,493,848  
    14,650,000    

3mo. USTMMR + 0.115%, 2.21%, 01/31/2021(2)

    14,636,599  
    4,800,000    

3mo. USTMMR + 0.139%, 2.24%, 04/30/2021(2)

    4,796,177  
    15,000,000    

2.25%, 03/31/2020

    15,025,195  
    7,000,000    

2.38%, 04/30/2020

    7,020,508  
     

 

 

 
        106,548,578  
     

 

 

 
   

Total U.S. Government Securities
(cost $117,046,433)

  $ 117,443,713  
     

 

 

 
   

Total Long-Term Investments
(cost $478,178,926)

  $ 479,703,548  
     

 

 

 
SHORT-TERM INVESTMENTS - 4.4%  
          Certificates of Deposit - 0.4%  
    2,000,000    

Bank of Montreal 3 mo. USD LIBOR + 0.260%, 2.83%, 11/04/2019(2)(8)

  $ 2,001,715  
     

 

 

 
          Other Investment Pools & Funds - 1.8%  
    8,763,936    

Fidelity Institutional Government Fund, Institutional Class, 2.27%(9)

    8,763,936  
     

 

 

 
          Securities Lending Collateral - 1.2%  
    292,248    

Citibank NA DDCA, 2.36%, 7/1/2019(9)

    292,248  
    2,652,855    

Fidelity Investments Money Market Funds, Government Portfolio, Institutional Class, 2.28%(9)

    2,652,855  
    369,735    

Goldman Sachs Financial Square Funds, Government Fund, Institutional Class, 2.28%(9)

    369,735  
    1,124,183    

Invesco Government & Agency Portfolio, Institutional Class, 2.25%(9)

    1,124,183  
    1,310,338    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 2.29%(9)

    1,310,338  
    95,599    

Western Asset Institutional Government Reserves Fund, Institutional Class, 2.21%(9)

    95,599  
     

 

 

 
        5,844,958  
     

 

 

 
          U.S. Treasury Bill - 1.0%  
    5,300,000    

U.S. Treasury Bill 2.48%, 09/12/2019(8)

    5,277,834  
     

 

 

 
   

Total Short-Term Investments
(cost $21,882,193)

  $ 21,888,443  
     

 

 

 
   

Total Investments
(cost $500,061,117)

    101.7    $ 501,591,991  
   

Other Assets and Liabilities

    (1.7 )%       (8,318,752
     

 

 

    

 

 

 
   

Total Net Assets

    100.0    $ 493,273,239  
     

 

 

    

 

 

 

 

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.

 

 

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

 

 

  98  

 


Hartford Ultrashort Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

    

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

 

    

See “Glossary” for abbreviation descriptions.

 

(1)

Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions that are exempt from registration (typically only to qualified institutional buyers) or in a public offering registered under the Securities Act of 1933. At June 30, 2019, the aggregate value of these securities was $160,514,399, representing 32.5% of net assets.

 

(2) 

Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2019.

 

(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, 2019, the aggregate fair value of this security was $120,852, 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) 

Investment valued using significant unobservable inputs.

 

(6) 

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

 

(7) 

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

 

(8) 

The rate shown represents current yield to maturity.

 

(9) 

Current yield as of period end.

 

 

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

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total      Level 1      Level 2      Level 3(1)  

Assets

 

Asset & Commercial Mortgage Backed Securities

   $ 191,050,059      $      $ 190,929,207      $ 120,852  

Corporate Bonds

     167,071,198               167,071,198         

Municipal Bonds

     1,490,328               1,490,328         

U.S. Government Agencies

     2,648,250               2,648,250         

U.S. Government Securities

     117,443,713               117,443,713         

Short-Term Investments

     21,888,443        14,608,894        7,279,549         
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     501,591,991      $     14,608,894      $     486,862,245      $     120,852  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, there were no transfers in and out of Level 3.

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, 2019 is not presented.

 

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

 

 

  99  

 


Hartford U.S. Government Securities HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 20.3%  
          Asset-Backed - Automobile - 1.3%  
$     350,000    

Avis Budget Rental Car Funding AESOP LLC 2.99%, 06/20/2022(1)

  $ 353,720  
    2,907,000    

Capital Auto Receivables Asset Trust 3.62%, 05/20/2021

    2,918,680  
    1,020,000    

Toyota Auto Loan Extended Note Trust 2.56%, 11/25/2031(1)

    1,031,953  
     

 

 

 
        4,304,353  
     

 

 

 
          Asset-Backed - Finance & Insurance - 2.5%  
    1,329,838    

NRZ Excess Spread-Collateralized Notes 3.19%, 01/25/2023(1)

    1,336,365  
    386,465    

Structured Asset Securities Corp. 1 mo. USD LIBOR + 1.500%, 3.90%, 02/25/2033(2)

    390,777  
   

Towd Point Mortgage Trust

 

    44,045    

2.75%, 04/25/2055(1)(3)

    44,302  
    48,398    

2.75%, 05/25/2055(1)(3)

    48,497  
    507,763    

2.75%, 04/25/2057(1)(3)

    508,621  
    2,373,682    

3.75%, 03/25/2058(1)(3)

    2,478,784  
    2,253,702    

3.75%, 05/25/2058(1)(3)

    2,337,626  
    1,185,000    

Tryon Park CLO, Ltd. 3 mo. USD LIBOR + 0.890%, 3.49%, 04/15/2029(1)(2)

    1,178,053  
     

 

 

 
        8,323,025  
     

 

 

 
          Asset-Backed - Home Equity - 0.2%  
    478,833    

Morgan Stanley Asset-Backed Securities Capital, Inc. Trust 1 mo. USD LIBOR + 1.500%, 3.90%, 11/25/2032(2)

    477,445  
    7,605,590    

Morgan Stanley Capital Trust 1.00%, 07/15/2051(3)(4)

    444,601  
     

 

 

 
        922,046  
     

 

 

 
          Commercial Mortgage - Backed Securities - 8.3%  
    22,886,791    

Benchmark Mortgage Trust 0.69%, 07/15/2051(3)(4)

    833,887  
    3,400,000    

CSMC Trust 2.76%, 04/05/2033(1)

    3,419,267  
   

FREMF Mortgage Trust

 

    9,895,000    

1 mo. USD LIBOR + 0.320%, 2.72%, 02/25/2020(2)

    9,892,789  
    435,000    

3.45%, 05/25/2045(1)(3)

    435,156  
    955,000    

3.76%, 11/25/2050(1)(3)

    977,295  
    1,515,000    

3.82%, 04/25/2048(1)(3)

    1,572,106  
    1,325,000    

3.85%, 10/25/2049(1)(3)

    1,357,403  
    1,005,000    

3.93%, 02/25/2050(1)(3)

    1,034,147  
    700,000    

3.98%, 10/25/2049(1)(3)

    722,961  
    660,000    

4.08%, 09/25/2049(1)(3)

    693,121  
    4,580,000    

4.11%, 04/25/2051(1)(3)

    4,778,444  
    1,990,000    

5.69%, 04/25/2020(1)(3)

    2,027,688  
     

 

 

 
        27,744,264  
     

 

 

 
          Other ABS - 0.6%  
    1,925,000    

United States Small Business Administration 3.07%, 05/01/2044

    1,993,098  
     

 

 

 
          Real Estate - 0.2%  
    6,765,000    

Cantor Commercial Real Estate 1.31%, 05/15/2052

    591,799  
     

 

 

 
          Whole Loan Collateral CMO - 7.2%  
   

Angel Oak Mortgage Trust LLC

 

    105,485    

2.81%, 01/25/2047(1)(3)

    105,433  
    3,327,392    

2.93%, 05/25/2059(1)(3)

    3,344,324  
    977,328    

3.63%, 03/25/2049(1)(3)

    989,957  
    2,615,437    

CIM Trust 3.00%, 04/25/2057(1)(3)

    2,633,245  
    1,642,114    

COLT Mortgage Loan Trust 3.34%, 05/25/2049(1)(3)

    1,668,167  
   

Deephaven Residential Mortgage Trust

 

    253,228    

2.73%, 12/26/2046(1)(3)

    253,319  
    1,682,061    

3.56%, 04/25/2059(1)(3)

    1,700,079  
    774,745    

LSTAR Securities Investment Trust 1 mo. USD LIBOR + 1.500%, 3.94%, 04/01/2024(1)(2)

    774,310  
Shares or Principal Amount   Market Value  
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 20.3% - (continued)  
          Whole Loan Collateral CMO - 7.2% - (continued)  
   

Mill City Mortgage Loan Trust

 

$     379,860    

2.50%, 04/25/2057(1)(3)

  $ 379,511  
    1,695,673    

3.25%, 05/25/2062(1)(3)

    1,718,995  
   

New Residential Mortgage Loan Trust

 

    978,856    

3.25%, 09/25/2056(1)(3)

    996,535  
    1,531,105    

3.60%, 04/25/2049(1)

    1,553,204  
    1,178,580    

3.75%, 03/25/2056(1)(3)

    1,204,912  
    1,573,676    

Spruce Hill Mortgage Loan Trust 3.40%, 04/29/2049(1)

    1,588,151  
   

Towd Point Mortgage Trust

 

    1,019,412    

3.00%, 03/25/2054(1)(3)

    1,022,298  
    2,399,000    

3.75%, 04/25/2055(1)(3)

    2,480,201  
    1,644,627    

Verus Securitization Trust 3.21%, 04/25/2059(1)(3)

    1,657,565  
     

 

 

 
        24,070,206  
     

 

 

 
   

Total Asset & Commercial Mortgage Backed Securities
(cost $67,031,059)

  $ 67,948,791  
     

 

 

 
U.S. GOVERNMENT AGENCIES - 67.9%  
          Mortgage-Backed Agencies - 67.0%  
          FHLMC - 29.2%  
$     68,450,000    

1.38%, 05/01/2020

  $ 68,059,157  
    5,234,210    

1.57%, 01/25/2022

    5,194,425  
    677,391    

2.50%, 12/15/2026(4)

    31,396  
    685,453    

2.50%, 03/15/2028(4)

    46,563  
    496,746    

2.50%, 05/15/2028(4)

    36,118  
    255,512    

1 mo. USD LIBOR + 0.380%, 2.81%, 04/25/2020(2)

    255,313  
    857,165    

3.00%, 04/15/2028(4)

    68,622  
    682,897    

3.00%, 05/15/2032(4)

    41,881  
    532,225    

3.00%, 03/15/2033(4)

    59,309  
    3,757,754    

3.00%, 11/01/2036

    3,818,918  
    132,705    

3.00%, 09/01/2045

    135,072  
    3,412,457    

3.00%, 05/15/2046

    3,481,866  
    815,496    

3.00%, 08/15/2047

    841,473  
    5,402,983    

3.50%, 11/15/2025

    5,568,043  
    745,205    

3.50%, 06/15/2026(4)

    37,942  
    273,777    

3.50%, 09/15/2026(4)

    22,951  
    467,901    

3.50%, 03/15/2027(4)

    34,958  
    1,493,825    

3.50%, 01/15/2028(4)

    130,169  
    272,587    

4.00%, 07/15/2027(4)

    24,490  
    788,533    

4.00%, 03/15/2028(4)

    62,791  
    428,125    

4.00%, 06/15/2028(4)

    36,352  
    971,651    

4.00%, 07/15/2030(4)

    90,856  
    1,586,892    

4.50%, 02/15/2027(4)

    150,029  
    1,892,210    

4.50%, 05/15/2034

    1,999,070  
    679,169    

5.00%, 09/15/2033(4)

    114,534  
    1,525,568    

5.00%, 09/15/2036(4)

    301,220  
    509,414    

1 mo. USD LIBOR + 2.900%, 5.30%, 07/25/2028(2)

    515,429  
    3,360    

5.50%, 06/01/2034

    3,671  
    28,402    

5.50%, 10/01/2035

    31,544  
    47,985    

5.50%, 04/01/2037

    53,243  
    670,711    

5.50%, 12/01/2037

    732,309  
    231,529    

5.50%, 04/01/2038

    251,699  
    13,119    

5.50%, 05/01/2038

    14,370  
    1,072,998    

5.50%, 08/01/2038

    1,192,150  
    2,198    

5.50%, 12/01/2039

    2,392  
    16,376    

6.00%, 10/01/2021

    17,935  
    28,104    

6.00%, 10/01/2022

    30,779  
    47,677    

6.00%, 01/01/2028

    52,314  
    15,957    

6.00%, 04/15/2028

    17,566  
    29,280    

6.00%, 05/15/2028(5)

    32,316  
    37,233    

6.00%, 11/15/2028

    40,963  
 

 

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

 

 

  100  

 


Hartford U.S. Government Securities HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 67.9% - (continued)  
          Mortgage-Backed Agencies - 67.0% - (continued)  
          FHLMC - 29.2% - (continued)  
$     67,088    

6.00%, 12/15/2028

  $ 74,344  
    141,993    

6.00%, 01/15/2029

    156,472  
    32,769    

6.00%, 02/15/2029

    36,098  
    36,515    

6.00%, 03/15/2029

    40,297  
    24,305    

6.00%, 05/15/2029

    26,734  
    5,525    

6.00%, 06/15/2029

    6,104  
    1,530    

6.00%, 03/15/2031

    1,713  
    70,361    

6.00%, 04/15/2031

    77,975  
    30,504    

6.00%, 10/15/2031

    34,236  
    38,369    

6.00%, 12/01/2031

    43,527  
    226,373    

6.00%, 12/15/2031(5)

    254,808  
    316,407    

6.00%, 12/15/2031

    354,189  
    10,980    

6.00%, 05/15/2032

    12,116  
    670,806    

6.00%, 06/15/2032

    740,562  
    576,290    

6.00%, 09/15/2032

    648,936  
    52,737    

6.00%, 10/15/2032

    60,812  
    421    

6.00%, 11/01/2032

    478  
    40,732    

6.00%, 11/15/2032

    45,994  
    14,213    

6.00%, 04/01/2033

    15,568  
    14,460    

6.00%, 09/01/2034

    16,397  
    4,148    

6.50%, 04/01/2028

    4,604  
    215,810    

6.50%, 08/15/2028

    240,251  
    494,129    

6.50%, 05/15/2032

    565,870  
    77,513    

6.50%, 08/01/2032

    88,648  
    187,311    

6.50%, 09/01/2032

    217,142  
    8,793    

7.00%, 10/01/2026

    8,789  
    2,234    

7.00%, 03/01/2027

    2,389  
    1,671    

7.00%, 12/01/2027

    1,674  
    764    

7.00%, 02/01/2029

    875  
    458    

7.00%, 05/01/2029

    526  
    455    

7.00%, 09/01/2029

    470  
    424    

7.00%, 02/01/2031

    493  
    63,582    

7.00%, 04/01/2032

    73,916  
    55,478    

7.00%, 05/01/2032

    56,484  
    47,159    

7.00%, 06/01/2032

    55,084  
    67,330    

7.00%, 11/01/2032

    76,440  
    1,858    

7.50%, 05/01/2024

    1,979  
    398    

7.50%, 06/01/2024

    399  
    902    

7.50%, 06/01/2025

    965  
    3,272    

8.00%, 08/01/2024

    3,300  
    3,953    

8.00%, 09/01/2024

    4,041  
    59    

8.00%, 10/01/2024

    63  
     

 

 

 
        97,683,960  
     

 

 

 
          FNMA - 30.5%  
    1,234,498    

1.77%, 04/25/2055(3)(4)

    72,039  
    1,584,269    

1.80%, 06/25/2055(3)(4)

    86,297  
    2,109,462    

1.88%, 08/25/2044(3)(4)

    119,033  
    1,125,287    

2.00%, 09/25/2039

    1,086,428  
    665,923    

2.05%, 11/01/2023

    666,403  
    3,293,263    

2.22%, 10/01/2022

    3,301,011  
    200,000    

2.45%, 11/01/2022

    200,743  
    23,149    

2.50%, 01/01/2043

    23,079  
    265,168    

2.54%, 03/01/2023

    268,529  
    2,500,000    

2.68%, 05/01/2025

    2,556,934  
    82,865    

2.74%, 04/01/2022

    84,401  
    85,982    

2.83%, 06/01/2022

    87,568  
    1,129,788    

1 mo. USD LIBOR + 0.400%, 2.84%, 10/25/2024(2)

    1,123,378  
    1,049,153    

1 mo. USD LIBOR + 0.400%, 2.84%, 08/25/2025(2)

    1,043,897  
    909,660    

1 mo. USD LIBOR + 0.490%, 2.93%, 04/25/2024(2)

    909,703  
    241,157    

2.94%, 06/01/2022

    246,436  
    1,200,934    

3.00%, 02/25/2027(4)

    73,286  
Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 67.9% - (continued)  
          Mortgage-Backed Agencies - 67.0% - (continued)  
          FNMA - 30.5% - (continued)  
$     1,287,089    

3.00%, 07/25/2027(4)

  $ 86,119  
    501,527    

3.00%, 09/25/2027(4)

    37,135  
    57,177    

3.00%, 12/01/2030

    58,449  
    1,243,770    

3.00%, 06/25/2043

    1,277,232  
    5,775,000    

3.00%, 07/01/2049(6)

    5,824,291  
    175,229    

3.02%, 04/01/2022

    175,425  
    515,000    

3.07%, 06/01/2027

    536,893  
    7,262,243    

3.11%, 10/01/2021

    7,408,044  
    563,106    

3.25%, 12/01/2021

    577,179  
    337,881    

3.26%, 01/01/2022

    348,403  
    213,360    

3.50%, 11/01/2020

    215,786  
    2,875,294    

3.50%, 04/25/2027(4)

    236,647  
    524,722    

3.50%, 05/25/2027(4)

    45,876  
    872,428    

3.50%, 10/25/2027(4)

    79,550  
    267,365    

3.50%, 08/25/2030(4)

    27,670  
    591,259    

3.50%, 02/25/2031(4)

    44,395  
    546,762    

3.50%, 09/25/2035(4)

    68,674  
    10,071,380    

3.50%, 04/25/2044

    10,558,207  
    3,272,033    

3.50%, 03/25/2045

    3,384,009  
    503,203    

3.50%, 10/25/2046(4)

    99,776  
    3,321,287    

3.50%, 01/25/2047

    3,458,779  
    2,513,000    

3.50%, 07/01/2049(6)

    2,569,248  
    2,315,533    

3.50%, 10/25/2056

    2,420,515  
    473,320    

3.51%, 11/01/2021

    486,857  
    1,035,050    

3.59%, 09/01/2030

    1,120,379  
    1,695,986    

3.65%, 11/01/2021

    1,748,975  
    82,277    

3.65%, 08/01/2023

    86,929  
    987,694    

3.73%, 07/01/2022

    1,022,934  
    994,702    

3.75%, 09/01/2023

    1,055,599  
    91,441    

3.81%, 11/01/2023

    98,133  
    277,390    

3.85%, 01/01/2024

    296,800  
    375,578    

3.89%, 10/01/2023

    401,383  
    2,700,000    

3.98%, 07/01/2021

    2,795,197  
    79,691    

3.99%, 07/01/2021

    82,094  
    808,522    

4.00%, 05/25/2027(4)

    68,183  
    27,200,000    

4.00%, 07/01/2049(6)

    28,112,156  
    1,164,031    

4.50%, 10/01/2040

    1,250,214  
    511,664    

4.50%, 10/01/2041

    549,516  
    2,569,405    

4.50%, 02/25/2042(4)

    310,388  
    1,529,306    

4.50%, 01/01/2043

    1,642,398  
    474,819    

4.50%, 09/01/2043

    509,913  
    1,490,876    

4.50%, 08/01/2044

    1,601,159  
    90,420    

5.00%, 06/01/2025

    93,156  
    205,214    

5.47%, 05/25/2042(3)(4)

    19,937  
    5,988    

5.50%, 08/01/2019

    5,974  
    145,276    

6.00%, 10/01/2023

    159,024  
    20,609    

6.00%, 10/25/2028

    22,690  
    7,807    

6.00%, 11/25/2028

    8,650  
    29,998    

6.00%, 04/25/2029

    32,980  
    488    

6.00%, 05/01/2029

    547  
    24,171    

6.00%, 05/25/2029

    26,649  
    21,013    

6.00%, 06/25/2029(5)

    23,442  
    49,289    

6.00%, 07/25/2029

    54,496  
    247,274    

6.00%, 05/25/2031(5)

    272,592  
    83,560    

6.00%, 09/25/2031

    93,240  
    20,757    

6.00%, 11/25/2031

    22,929  
    372,512    

6.00%, 12/25/2031

    416,179  
    206,496    

6.00%, 01/01/2032

    229,854  
    217    

6.00%, 04/01/2032

    237  
    282    

6.00%, 05/01/2032

    320  
    1,400    

6.00%, 09/25/2032

    1,585  
    77,886    

6.00%, 11/01/2032

    85,324  
    35,753    

6.00%, 02/01/2033

    40,504  
    186,089    

6.00%, 03/01/2033

    210,946  
 

 

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

 

 

  101  

 


Hartford U.S. Government Securities HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 67.9% - (continued)  
          Mortgage-Backed Agencies - 67.0% - (continued)  
          FNMA - 30.5% - (continued)  
$     606,213    

6.00%, 05/01/2033

  $ 687,297  
    4,538    

6.00%, 08/01/2034

    4,967  
    158,836    

6.00%, 01/01/2035

    179,068  
    1,779,935    

6.00%, 02/01/2037

    2,015,498  
    1,453,199    

6.00%, 01/25/2042(4)

    234,570  
    1,024,475    

6.00%, 09/25/2047(4)

    238,754  
    17    

6.50%, 04/01/2024

    19  
    101    

6.50%, 04/01/2027

    112  
    12,211    

6.50%, 04/01/2028

    13,544  
    103    

6.50%, 05/01/2028

    114  
    6,028    

6.50%, 10/01/2028

    6,745  
    107,421    

6.50%, 11/01/2028

    119,669  
    53,889    

6.50%, 12/01/2028

    60,899  
    259,940    

6.50%, 06/25/2029

    279,185  
    165,619    

6.50%, 08/01/2029

    188,461  
    785    

6.50%, 11/01/2030

    871  
    3,795    

6.50%, 05/01/2031

    4,400  
    125,417    

6.50%, 10/25/2031

    142,296  
    771,140    

6.50%, 08/01/2032

    891,910  
    50,114    

6.50%, 09/01/2032

    55,586  
    200    

7.00%, 11/01/2031

    204  
    156,038    

7.00%, 02/01/2032

    180,873  
    3,284    

7.50%, 06/01/2023

    3,458  
    1,398    

8.00%, 10/01/2029

    1,594  
    69    

8.00%, 03/01/2030

    70  
    4,413    

8.00%, 04/01/2030

    5,260  
    13    

8.00%, 06/01/2030

    13  
    12,180    

8.00%, 10/01/2030

    14,627  
    24,626    

8.00%, 12/01/2030

    28,034  
    31    

9.00%, 08/01/2020

    31  
    9,804    

9.00%, 09/01/2021

    9,841  
     

 

 

 
        101,915,899  
     

 

 

 
          GNMA - 7.3%  
    245,439    

1.75%, 09/20/2043

    240,734  
    1,810,455    

2.50%, 12/16/2039

    1,837,227  
    594,212    

3.00%, 09/20/2028(4)

    46,884  
    370,260    

3.00%, 02/16/2043(4)

    54,402  
    2,662,381    

3.00%, 04/20/2045

    2,734,472  
    242,085    

3.50%, 02/16/2027(4)

    20,145  
    598,968    

3.50%, 03/20/2027(4)

    54,260  
    558,839    

3.50%, 07/20/2040(4)

    49,342  
    830,589    

3.50%, 02/20/2041(4)

    80,106  
    1,452,720    

3.50%, 04/20/2042(4)

    133,703  
    2,109,360    

3.50%, 10/20/2042(4)

    347,736  
    167,242    

3.50%, 05/20/2043(4)

    23,858  
    1,251,452    

3.50%, 07/20/2043(4)

    168,307  
    3,316,968    

3.50%, 01/20/2048

    3,466,882  
    5,560,000    

3.50%, 07/01/2049(6)

    5,743,523  
    2,600,000    

3.50%, 08/01/2049(6)

    2,682,672  
    178,664    

4.00%, 12/16/2026(4)

    15,848  
    2,535,205    

4.00%, 05/20/2029(4)

    234,219  
    410,693    

4.00%, 03/20/2043(4)

    84,327  
    200,066    

4.00%, 01/20/2044(4)

    40,203  
    1,415,318    

4.00%, 03/20/2047(4)

    226,248  
    2,187,465    

4.00%, 07/20/2047(4)

    361,064  
    577,416    

4.50%, 04/20/2045(4)

    128,147  
    622,109    

5.00%, 01/20/2034

    668,990  
    1,708,142    

5.00%, 02/16/2040(4)

    361,700  
    494,200    

5.00%, 05/20/2040(4)

    109,793  
    1,473,759    

5.00%, 03/16/2044(4)

    269,937  
    394,480    

5.00%, 01/16/2047(4)

    82,712  
    797,685    

5.50%, 09/20/2033

    885,828  
    1,256,621    

5.50%, 03/20/2039(4)

    274,381  
    1,252,041    

5.50%, 02/16/2047(4)

    265,282  
    755,299    

5.50%, 02/20/2047(4)

    153,920  
    332,864    

6.00%, 01/15/2033

    379,701  
Shares or Principal Amount   Market Value  
U.S. GOVERNMENT AGENCIES - 67.9% - (continued)  
          Mortgage-Backed Agencies - 67.0% - (continued)  
          GNMA - 7.3% - (continued)  
$     250,536    

6.00%, 02/15/2033

  $ 278,944  
    1,347,008    

6.00%, 09/20/2040(4)

    302,985  
    1,088,211    

6.00%, 02/20/2046(4)

    229,185  
    28,161    

6.50%, 12/15/2028

    31,970  
    23,159    

6.50%, 05/15/2029

    26,362  
    20,032    

6.50%, 09/15/2031

    22,008  
    183,059    

6.50%, 10/15/2031

    201,110  
    186,021    

6.50%, 11/15/2031

    204,432  
    162,524    

6.50%, 01/15/2032

    178,549  
    10,125    

7.00%, 06/20/2030

    11,161  
    10,788    

7.00%, 05/15/2032

    12,625  
    42,641    

7.00%, 07/15/2032

    47,653  
    76,832    

7.00%, 09/15/2032

    79,873  
    454,649    

7.00%, 10/15/2032(7)

    519,284  
    2,341    

7.50%, 01/15/2023

    2,346  
    510    

7.50%, 05/15/2023

    530  
    2,333    

7.50%, 06/15/2023

    2,373  
    741    

7.50%, 07/15/2023

    743  
    4,411    

7.50%, 08/15/2023

    4,473  
    4,597    

7.50%, 09/15/2023

    4,606  
    3,371    

7.50%, 10/15/2023

    3,551  
    8,211    

7.50%, 11/15/2023

    8,514  
    1,086    

7.50%, 12/15/2023

    1,088  
    1,169    

7.50%, 02/15/2024

    1,168  
    125    

7.50%, 05/15/2024

    132  
    33,373    

7.50%, 07/15/2027

    36,099  
    32,048    

7.50%, 04/20/2030

    37,234  
    7,109    

8.50%, 09/15/2024

    7,693  
    837    

8.50%, 06/15/2029

    860  
    3,398    

8.50%, 10/15/2029

    3,482  
    2,096    

8.50%, 01/15/2030

    2,343  
    7,615    

8.50%, 02/15/2030

    7,637  
    677    

8.50%, 03/15/2030

    697  
     

 

 

 
        24,498,263  
     

 

 

 
        224,098,122  
     

 

 

 
          Other Direct Federal Obligations - 0.9%  
          SLM Student Loan Trust - 0.9%  
    3,104,322    

Nelnet Student Loan Trust 1 mo. USD LIBOR + 0.770%, 3.17%, 09/25/2065(1)(2)

    3,080,873  
     

 

 

 
        3,080,873  
     

 

 

 
   

Total U.S. Government Agencies
(cost $226,275,930)

  $ 227,178,995  
     

 

 

 
U.S. GOVERNMENT SECURITIES - 24.0%  
          Other Direct Federal Obligations - 1.5%  
$     4,825,000    

FHLB 1.88%, 08/01/2019

  $ 4,823,256  
     

 

 

 
        4,823,256  
     

 

 

 
          U.S. Treasury Securities - 22.5%  
          U.S. Treasury Notes - 22.5%  
    7,108,457    

0.88%, 01/15/2029(8)

    7,482,085  
    8,907,000    

1.88%, 07/31/2022

    8,947,012  
    8,471,000    

2.38%, 05/15/2029

    8,753,918  
    21,962,000    

2.75%, 08/31/2023

    22,849,059  
    26,188,000    

2.75%, 11/15/2023(7)(9)

    27,288,714  
     

 

 

 
        75,320,788  
     

 

 

 
        75,320,788  
     

 

 

 
   

Total U.S. Government Securities
(cost $78,701,953)

  $ 80,144,044  
     

 

 

 
   

Total Long-Term Investments
(cost $372,008,942)

  $ 375,271,830  
     

 

 

 
 

 

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

 

 

  102  

 


Hartford U.S. Government Securities HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
SHORT-TERM INVESTMENTS - 1.1%  
          Other Investment Pools & Funds - 1.1%  
    3,661,496    

Fidelity Institutional Government Fund, Institutional Class, 2.27%(10)

  $ 3,661,496  
     

 

 

 
   

Total Short-Term Investments
(cost $3,661,496)

  $ 3,661,496  
     

 

 

 
   

Total Investments
(cost $375,670,438)

    113.3    $ 378,933,326  
   

Other Assets and Liabilities

    (13.3 )%       (44,334,693
     

 

 

    

 

 

 
   

Total Net Assets

    100.0    $ 334,598,633  
     

 

 

    

 

 

 

 

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. These classifications are used for financial reporting purposes.

 

    

See “Glossary” for abbreviation descriptions.

(1) 

Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions that are exempt from registration (typically only to qualified institutional buyers) or in a public offering registered under the Securities Act of 1933. At June 30, 2019, the aggregate value of these securities was $53,486,588, representing 16.0% of net assets.

 

(2) 

Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2019.

 

(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) 

Securities disclosed are interest-only strips.

 

(5) 

These securities pay no principal or interest during their initial accrual period, but accrue additional principal at a specified coupon rate.

 

(6) 

Represents or includes a TBA transaction.

 

(7) 

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

 

(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) 

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

 

(10) 

Current yield as of period end.

 
Futures Contracts Outstanding at June 30, 2019  

Description

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

U.S. Treasury 5-Year Note Future

     553        09/30/2019      $     65,340,406      $ 809,576  

U.S. Treasury 10-Year Note Future

     377        09/19/2019        48,244,219        528,754  

U.S. Treasury 10-Year Ultra Future

     14        09/19/2019        1,933,750        51,301  
           

 

 

 

Total

            $     1,389,631  
           

 

 

 
Short position contracts:  

U.S. Treasury 2-Year Note Future

     6        09/30/2019      $ 1,291,078      $ (4,324

U.S. Treasury Long Bond Future

     2        09/19/2019        311,188        (8,449
           

 

 

 

Total

            $ (12,773
           

 

 

 

Total futures contracts

            $ 1,376,858  
           

 

 

 

 

TBA Sale Commitments Outstanding at June 30, 2019  

Description

   Principal
Amount
     Maturity
Date
     Market
Value
    Unrealized
Appreciation/
(Depreciation)
 

FNMA, 3.50%

   $     6,475,000        07/01/2049      $ (6,619,928   $ (23,270

FNMA, 4.50%

     2,300,000        07/01/2049        (2,403,388     (247

GNMA, 3.00%

     5,950,000        07/01/2049        (6,080,389     (35,454
        

 

 

   

 

 

 

Total (proceeds receivable $15,044,734)

         $     (15,103,705   $     (58,971
        

 

 

   

 

 

 

At June 30, 2019, the aggregate market value of TBA Sale Commitments represents (4.5)% of total net assets.

 

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

 

 

  103  

 


Hartford U.S. Government Securities HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

 

Centrally Cleared Interest Rate Swap Contracts Outstanding at June 30, 2019  

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

  

2.95% Fixed

   USD     6,201,000        06/18/23      Semi-Annual    $      $     $ (291,228   $ (291,228

3 Mo. USD LIBOR

  

3.00% Fixed

   USD     4,916,000        04/30/25      Semi-Annual             (41     (335,990     (335,949

3 Mo. USD LIBOR

  

2.79% Fixed

   USD     15,286,000        09/30/25      Semi-Annual                   (907,701     (907,701

3 Mo. USD LIBOR

  

2.25% Fixed

   USD     4,492,000        03/21/28      Semi-Annual      43,256              (133,693     (176,949

3 Mo. USD LIBOR

  

2.83% Fixed

   USD     2,082,000        12/21/28      Semi-Annual                   (164,183     (164,183
                

 

 

    

 

 

   

 

 

   

 

 

 

Total

                 $     43,256      $     (41   $     (1,832,795   $     (1,876,010
                

 

 

    

 

 

   

 

 

   

 

 

 

 

 

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

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total     Level 1     Level 2     Level 3(1)  

Assets

 

Asset & Commercial Mortgage Backed Securities

   $ 67,948,791     $     $ 67,948,791     $  

U.S. Government Agencies

     227,178,995             227,178,995        

U.S. Government Securities

     80,144,044             80,144,044        

Short-Term Investments

     3,661,496       3,661,496              

Futures Contracts(2)

     1,389,631       1,389,631              
  

 

 

   

 

 

   

 

 

   

 

 

 

Total

   $     380,322,957     $     5,051,127     $     375,271,830     $     —  
  

 

 

   

 

 

   

 

 

   

 

 

 

Liabilities

 

Futures Contracts(2)

   $ (12,773   $ (12,773   $     $  

Swaps - Interest Rate(2)

     (1,876,010           (1,876,010      

TBA Sale Commitments

     (15,103,705           (15,103,705      
  

 

 

   

 

 

   

 

 

   

 

 

 

Total

   $ (16,992,488   $ (12,773   $ (16,979,715   $  
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, there were no transfers in and out of Level 3.

 

(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.

 

 

  104  

 


Hartford Value HLS Fund

Schedule of Investments

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.8%  
      Banks - 13.4%  
  484,550    

Bank of America Corp.

  $ 14,051,950  
  149,475    

Citigroup, Inc.

    10,467,734  
  170,442    

JP Morgan Chase & Co.

    19,055,416  
  32,860    

M&T Bank Corp.

    5,588,500  
  69,140    

PNC Financial Services Group, Inc.

    9,491,539  
   

 

 

 
      58,655,139  
   

 

 

 
      Capital Goods - 8.6%  
  34,160    

Caterpillar, Inc.

    4,655,666  
  103,280    

Fortune Brands Home & Security, Inc.

    5,900,387  
  39,235    

Ingersoll-Rand plc

    4,969,898  
  25,940    

L3Harris Technologies, Inc.

    4,906,032  
  16,980    

Lockheed Martin Corp.

    6,172,909  
  176,190    

nVent Electric plc

    4,367,750  
  51,410    

United Technologies Corp.

    6,693,582  
   

 

 

 
      37,666,224  
   

 

 

 
      Consumer Durables & Apparel - 1.4%  
  70,340    

Skechers USA, Inc. Class A*

    2,215,006  
  127,660    

Tapestry, Inc.

    4,050,652  
   

 

 

 
      6,265,658  
   

 

 

 
      Consumer Services - 1.0%  
  46,663    

Hilton Worldwide Holdings, Inc.

    4,560,842  
   

 

 

 
      Diversified Financials - 3.3%  
  12,595    

BlackRock, Inc.

    5,910,833  
  219,400    

Invesco Ltd.

    4,488,924  
  81,540    

TD Ameritrade Holding Corp.

    4,070,477  
   

 

 

 
      14,470,234  
   

 

 

 
      Energy - 8.4%  
  44,910    

Concho Resources, Inc.

    4,633,814  
  67,130    

EOG Resources, Inc.

    6,253,831  
  208,105    

Exxon Mobil Corp.

    15,947,086  
  200,350    

Noble Energy, Inc.

    4,487,840  
  34,800    

Pioneer Natural Resources Co.

    5,354,328  
   

 

 

 
      36,676,899  
   

 

 

 
      Food & Staples Retailing - 1.0%  
  121,730    

US Foods Holding Corp.*

    4,353,065  
   

 

 

 
      Food, Beverage & Tobacco - 3.2%  
  104,530    

Mondelez International, Inc. Class A

    5,634,167  
  104,240    

Philip Morris International, Inc.

    8,185,967  
   

 

 

 
      13,820,134  
   

 

 

 
      Health Care Equipment & Services - 7.7%  
  31,050    

Anthem, Inc.

    8,762,620  
  123,652    

Koninklijke Philips N.V.

    5,375,885  
  100,236    

Medtronic plc

    9,761,984  
  25,015    

UnitedHealth Group, Inc.

    6,103,910  
  33,470    

Zimmer Biomet Holdings, Inc.

    3,940,758  
   

 

 

 
      33,945,157  
   

 

 

 
      Household & Personal Products - 1.1%  
  78,100    

Unilever N.V.

    4,742,232  
   

 

 

 
      Insurance - 6.3%  
  103,155    

American International Group, Inc.

    5,496,099  
  45,690    

Assurant, Inc.

    4,860,502  
  49,530    

Chubb Ltd.

    7,295,274  
  58,700    

Intact Financial Corp.

    5,424,668  
  89,890    

MetLife, Inc.

    4,464,836  
   

 

 

 
      27,541,379  
   

 

 

 
      Materials - 4.6%  
  51,010    

Celanese Corp.

    5,498,878  
  111,573    

Dow, Inc.*

    5,501,665  
Shares or Principal Amount   Market Value  
COMMON STOCKS - 98.8% - (continued)  
      Materials - 4.6% - (continued)  
  62,690    

FMC Corp.

  $ 5,200,135  
  89,680    

Sealed Air Corp.

    3,836,510  
   

 

 

 
      20,037,188  
   

 

 

 
      Media & Entertainment - 2.5%  
  261,070    

Comcast Corp. Class A

    11,038,040  
   

 

 

 
      Pharmaceuticals, Biotechnology & Life Sciences - 10.7%  
  35,370    

Allergan plc

    5,921,999  
  144,830    

AstraZeneca plc ADR

    5,978,582  
  43,870    

Eli Lilly & Co.

    4,860,357  
  129,130    

Merck & Co., Inc.

    10,827,551  
  302,190    

Pfizer, Inc.

    13,090,871  
  22,898    

Roche Holding AG

    6,438,635  
   

 

 

 
      47,117,995  
   

 

 

 
      Real Estate - 3.3%  
  149,660    

Brixmor Property Group, Inc. REIT

    2,675,921  
  57,520    

Crown Castle International Corp. REIT

    7,497,732  
  112,570    

Gaming and Leisure Properties, Inc. REIT

    4,387,978  
   

 

 

 
      14,561,631  
   

 

 

 
      Retailing - 2.1%  
  2,470    

Booking Holdings, Inc.*

    4,630,534  
  22,950    

Home Depot, Inc.

    4,772,911  
   

 

 

 
      9,403,445  
   

 

 

 
      Semiconductors & Semiconductor Equipment - 6.7%  
  48,370    

Analog Devices, Inc.

    5,459,522  
  239,300    

Intel Corp.

    11,455,291  
  37,250    

KLA-Tencor Corp.

    4,402,950  
  69,735    

Maxim Integrated Products, Inc.

    4,171,547  
  104,010    

Micron Technology, Inc.*

    4,013,746  
   

 

 

 
      29,503,056  
   

 

 

 
      Technology Hardware & Equipment - 4.7%  
  239,300    

Cisco Systems, Inc.

    13,096,889  
  64,300    

NetApp, Inc.

    3,967,310  
  736,430    

Nokia Oyj ADR(1)

    3,689,514  
   

 

 

 
      20,753,713  
   

 

 

 
      Telecommunication Services - 2.7%  
  207,410    

Verizon Communications, Inc.

    11,849,333  
   

 

 

 
      Transportation - 1.1%  
  27,460    

Union Pacific Corp.

    4,643,761  
   

 

 

 
      Utilities - 5.0%  
  85,370    

Dominion Energy, Inc.

    6,600,808  
  41,850    

Entergy Corp.

    4,307,621  
  83,775    

Eversource Energy

    6,346,794  
  34,820    

Sempra Energy

    4,785,661  
   

 

 

 
      22,040,884  
   

 

 

 
 

Total Common Stocks
(cost $345,394,122)

  $ 433,646,009  
   

 

 

 
SHORT-TERM INVESTMENTS - 2.1%  
      Other Investment Pools & Funds - 1.2%  
  5,169,204    

BlackRock Liquidity Funds, FedFund Portfolio, Institutional Class, 2.35%(2)

  $ 5,169,204  
   

 

 

 
      Securities Lending Collateral - 0.9%  
  195,277    

Citibank NA DDCA, 2.36%, 7/1/2019(2)

    195,277  
  1,772,612    

Fidelity Investments Money Market Funds, Government Portfolio, Institutional Class, 2.28%(2)

    1,772,612  
  247,053    

Goldman Sachs Financial Square Funds, Government Fund, Institutional Class, 2.28%(2)

    247,053  
 

 

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

 

 

  105  

 


Hartford Value HLS Fund

Schedule of Investments – (continued)

June 30, 2019 (Unaudited)

 

 

 

Shares or Principal Amount   Market Value  
SHORT-TERM INVESTMENTS - 2.1% - (continued)  
      Securities Lending Collateral - 0.9% - (continued)  
  751,168    

Invesco Government & Agency Portfolio, Institutional Class, 2.25%(2)

  $ 751,168  
  875,556    

Morgan Stanley Institutional Liquidity Funds, Government Portfolio, Institutional Class, 2.29%(2)

    875,556  
  63,878    

Western Asset Institutional Government Reserves Fund, Institutional Class, 2.21%(2)

    63,878  
   

 

 

 
      3,905,544  
   

 

 

 
 

Total Short-Term Investments
(cost $9,074,748)

  $ 9,074,748  
   

 

 

 
 

Total Investments
(cost $354,468,870)

    100.9    $ 442,720,757  
 

Other Assets and Liabilities

    (0.9 )%       (3,785,723
   

 

 

    

 

 

 
 

Total Net Assets

    100.0    $ 438,935,034  
   

 

 

    

 

 

 

 

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. These classifications are used for financial reporting purposes.

 

    

See “Glossary” for abbreviation descriptions.

 

*

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.

 

Fair Valuation Summary

The following is a summary of the fair valuations according to the inputs used as of June 30, 2019 in valuing the Fund’s investments.

 

Description

   Total      Level 1      Level 2      Level 3(1)  

Assets

 

Common Stocks

 

Banks

   $ 58,655,139      $ 58,655,139      $      $  

Capital Goods

     37,666,224        37,666,224                

Consumer Durables & Apparel

     6,265,658        6,265,658                

Consumer Services

     4,560,842        4,560,842                

Diversified Financials

     14,470,234        14,470,234                

Energy

     36,676,899        36,676,899                

Food & Staples Retailing

     4,353,065        4,353,065                

Food, Beverage & Tobacco

     13,820,134        13,820,134                

Health Care Equipment & Services

     33,945,157        28,569,272        5,375,885         

Household & Personal Products

     4,742,232        4,742,232                

Insurance

     27,541,379        27,541,379                

Materials

     20,037,188        20,037,188                

Media & Entertainment

     11,038,040        11,038,040                

Pharmaceuticals, Biotechnology & Life Sciences

     47,117,995        40,679,360        6,438,635         

Real Estate

     14,561,631        14,561,631                

Retailing

     9,403,445        9,403,445                

Semiconductors & Semiconductor Equipment

     29,503,056        29,503,056                

Technology Hardware & Equipment

     20,753,713        20,753,713                

Telecommunication Services

     11,849,333        11,849,333                

Transportation

     4,643,761        4,643,761                

Utilities

     22,040,884        22,040,884                

Short-Term Investments

     9,074,748        9,074,748                
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     442,720,757      $     430,906,237      $     11,814,520      $     —  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) 

For the six-month period ended June 30, 2019, there were no transfers in and out of Level 3.

 

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

 

 

  106  

 


Hartford HLS Funds

Glossary (abbreviations used in preceding Schedules of Investments)

 

 

 

Counterparty Abbreviations:

BCLY

   Barclays

BMO

   Bank of Montreal

BNP

   BNP Paribas Securities Services

BOA

   Banc of America Securities LLC

CIBC

   Canadian Imperial Bank of Commerce

CITI

   Citigroup Global Markets, Inc.

CSI

   Credit Suisse International

DEUT

   Deutsche Bank Securities, Inc.

GSC

   Goldman Sachs & Co.

JPM

   JP Morgan Chase & Co.

MSC

   Morgan Stanley
Currency Abbreviations:

ARS

   Argentine Peso

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

CDX.NA.IG

   Credit Derivatives North American Investment Grade

CMBX.NA

   Markit Commercial Mortgage Backed North American

CMT

   Constant Maturity Treasury Index

ICE

   Intercontinental Exchange, Inc.

MSCI

   Morgan Stanley Capital International

MTA

   Monthly Treasury Average Index

S&P

   Standard & Poors
Other Abbreviations:

ADR

   American Depositary Receipt

CLO

   Collateralized Loan Obligation

CMO

   Collateralized Mortgage Obligation

DDCA

   Dollars on Deposit in Custody Account

EM

   Emerging Markets

ETF

   Exchange-Traded Fund

EURIBOR

   Euro Interbank Offered Rate

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

MSCI

   Morgan Stanley Capital International

OTC

   Over-the-Counter

PIK

   Payment-in-kind

PT

   Perseroan Terbatas

REIT

   Real Estate Investment Trust

SOFR

   Secured Overnight Financing Rate

TBA

   To Be Announced

USTMMR

   U.S. Treasury Money Market Rate
Municipal Abbreviations:

Auth

   Authority

Dev

   Development

GO

   General Obligation

PA

   Port Authority

Rev

   Revenue
 

 

 

  107  

 


Hartford HLS Funds

Statements of Assets and Liabilities

June 30, 2019 (Unaudited)

 

 

 

    Hartford
Balanced
HLS Fund
    Hartford
Capital
Appreciation
HLS Fund
    Hartford
Disciplined
Equity
HLS Fund
    Hartford
Dividend
and Growth
HLS Fund
    Hartford
Global
Growth
HLS Fund
    Hartford
Growth
Opportunities
HLS Fund
    Hartford
Healthcare
HLS Fund
 

Assets:

 

       

Investments in securities, at market value(1)

  $   2,059,996,348     $   4,448,008,382     $ 631,535,229     $ 3,208,790,251     $ 515,124,004     $   1,650,415,957     $   236,052,617  

Cash

          350,515             30,334                   480  

Foreign currency

    86,253       319,402                   168,687             20,054  

Unrealized appreciation on foreign currency contracts

                                         

Receivables:

 

       

Investment securities sold

    6,375,910       7,289,668       1,895,162       12,454,538       187,404       5,469,511        

Fund shares sold

    95,619       25,625       3,496       979,069       267,408       561,552       5,501  

Dividends and interest

    6,677,696       4,795,587       506,675       2,918,878       234,735       257,157       85,000  

Securities lending income

    5,520       20,872       178       29       277       201       2,296  

Variation margin on futures contracts

          2,184,741                                

Tax reclaims

    937,560       787,361             791,960       547,749       139,064       25,362  

Other assets

    5,526       4,211       11,106       7,651       11,414       16,916       9,321  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total assets

    2,074,180,432       4,463,786,364       633,951,846       3,225,972,710       516,541,678       1,656,860,358       236,200,631  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Liabilities:

 

       

Unrealized depreciation on foreign currency contracts

          68,612                                

Obligation to return securities lending collateral

    2,717,933       193,052                               4,384,507  

Payables:

 

       

Investment securities purchased

    5,761,398       13,399,268       315,597       9,036,361       172,652       486,400       377,303  

Fund shares redeemed

    2,266,099       18,485,193       241,334       7,501,894       300,355       799,208       2,595,621  

Investment management fees

    996,911       2,316,628       376,970       1,696,601       311,256       813,241       157,186  

Transfer agent fees

    530       691       452       476       441       645       478  

Accounting services fees

    30,156       61,962       7,179       36,454       5,818       24,151       2,589  

Board of Directors’ fees

    13,281       28,567       3,950       20,172       3,085       8,882       2,122  

Variation margin on futures contracts

    1,677                                      

Foreign taxes

          46,754                                

Distribution fees

    8,241       17,420       2,612       13,005       2,776       7,158       1,346  

Accrued expenses

    179,941       383,481       87,088       229,787       97,681       190,375       35,915  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total liabilities

    11,976,167       35,001,628       1,035,182       18,534,750       894,064       2,330,060       7,557,067  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net assets

  $ 2,062,204,265     $ 4,428,784,736     $ 632,916,664     $ 3,207,437,960     $ 515,647,614     $ 1,654,530,298     $ 228,643,564  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Summary of Net Assets:

 

       

Capital stock and paid-in-capital

  $ 1,449,681,086     $ 3,364,450,577     $ 350,385,166     $ 1,814,896,928     $ 291,161,306     $ 989,057,194     $ 136,669,687  

Distributable earnings

    612,523,179       1,064,334,159       282,531,498       1,392,541,032       224,486,308       665,473,104       91,973,877  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net assets

  $ 2,062,204,265     $ 4,428,784,736     $ 632,916,664     $ 3,207,437,960     $ 515,647,614     $ 1,654,530,298     $ 228,643,564  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Shares authorized

    9,700,000,000       5,450,000,000         3,500,000,000         4,200,000,000         3,600,000,000       900,000,000       800,000,000  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Par value

  $ 0.0010     $ 0.0010     $ 0.0010     $ 0.0010     $ 0.0010     $ 0.0010     $ 0.0010  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Class IA:   Net asset value per share

  $ 31.17     $ 48.46     $ 16.29     $ 23.01     $ 30.12     $ 43.44     $ 23.89  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

         Shares outstanding

    58,389,396       80,843,425       34,132,817       122,859,203       14,409,312       33,236,021       7,906,458  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

         Net Assets

  $ 1,820,182,754     $ 3,917,641,327     $ 556,098,428     $ 2,826,576,074     $ 434,000,358     $ 1,443,648,056     $ 188,888,175  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Class IB:   Net asset value per share

  $ 31.64     $ 47.66     $ 16.09     $ 22.87     $ 29.77     $ 41.33     $ 22.57  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

         Shares outstanding

    7,650,138       10,023,435       4,774,143       16,652,605       2,742,653       3,896,796       1,761,234  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

         Net Assets

  $ 242,021,511     $ 477,713,290     $ 76,818,236     $ 380,861,886     $ 81,647,256     $ 161,039,139     $ 39,755,389  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Class IC:   Net asset value per share

  $     $ 47.92     $     $     $     $ 42.19     $  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

         Shares outstanding

          697,632                         1,181,531        
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

         Net Assets

  $     $ 33,430,119     $     $     $     $ 49,843,103     $  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Cost of investments

  $ 1,688,626,789     $ 3,931,518,086     $ 450,323,221     $ 2,319,239,519     $ 385,023,670     $ 1,366,016,787     $ 204,194,584  

Cost of foreign currency

  $ 86,210     $ 319,325     $     $     $ 168,671     $     $ 20,063  

(1) Includes Investment in securities on loan, at market value

  $ 2,648,283     $ 30,681,843     $     $     $     $ 2,448,575     $ 5,718,464  

 

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

 

 

  108  

 


Hartford HLS Funds

Statements of Assets and Liabilities – (continued)

June 30, 2019 (Unaudited)

 

 

 

    Hartford
High Yield
HLS Fund
    Hartford
International
Opportunities
HLS Fund
    Hartford
MidCap
HLS Fund
    Hartford
MidCap
Growth
HLS Fund
    Hartford
MidCap
Value
HLS Fund
    Hartford
Small Cap
Growth
HLS Fund
 

Assets:

           

Investments in securities, at market value(1)

  $ 256,880,175     $ 1,236,688,411     $ 2,185,558,988     $ 95,714,688     $ 311,222,315     $ 1,367,863,621  

Cash

                            9,035        

Foreign currency

          1,034,734                          

Unrealized appreciation on OTC swap contracts

                                   

Unrealized appreciation on foreign currency contracts

    11,380                                

Receivables:

           

Investment securities sold

    243,220       10,660,696       10,942,288       226,766       1,519,542       6,163,252  

Fund shares sold

    27,887       302,177       1,709,066       94,159       17,643       410,899  

Dividends and interest

    4,109,967       1,184,301       1,087,371       29,824       361,599       618,859  

Securities lending income

          58,088       5,049       4       813       9,174  

Variation margin on futures contracts

                                   

Variation margin on centrally cleared swap contracts

                                   

Tax reclaims

          2,722,966                          

OTC swap contracts premiums paid

                                   

Other assets

    11,869       10,869       9,106       19,451       11,964       12,845  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total assets

    261,284,498       1,252,662,242       2,199,311,868       96,084,892       313,142,911       1,375,078,650  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Liabilities:

           

Unrealized depreciation on foreign currency contracts

                                   

Bank overdraft

                                   

Obligation to return securities lending collateral

          53,700       12,096,494             4,480,145       46,834,797  

Unrealized depreciation on OTC swap contracts

                                   

Cash collateral due to broker on swap contracts

                                   

TBA sale commitments, at market value

                                   

Payables:

           

Investment securities purchased

    4,729,772       13,309,757       2,679,875       329,318       1,656,136       13,716,603  

Fund shares redeemed

    55,185       5,324,966       5,364,655       31,828       76,355       1,021,584  

Investment management fees

    146,369       693,058       1,167,599       61,390       187,900       635,635  

Transfer agent fees

    417       700       709       396       410       679  

Accounting services fees

    2,927       13,914       24,543       1,074       3,461       18,822  

Board of Directors’ fees

    1,665       8,891       13,649       555       2,157       8,075  

Variation margin on centrally cleared swap contracts

                                   

Variation margin on futures contracts

                                   

Foreign taxes

                                   

Distribution fees

    2,050       4,601       1,880       487       2,390       12,276  

Written options

                                   

Accrued expenses

    67,920       198,463       84,900       27,743       60,786       73,767  

OTC swap contracts premiums received

                                   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total liabilities

    5,006,305       19,608,050       21,434,304       452,791       6,469,740       62,322,238  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net assets

  $ 256,278,193     $ 1,233,054,192     $ 2,177,877,564     $ 95,632,101     $ 306,673,171     $ 1,312,756,412  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Summary of Net Assets:

           

Capital stock and paid-in-capital

  $ 253,314,096     $ 1,086,176,872     $ 1,272,515,862     $ 64,833,508     $ 224,656,705     $ 908,899,436  

Distributable earnings

    2,964,097       146,877,320       905,361,702       30,798,593       82,016,466       403,856,976  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net assets

  $ 256,278,193     $     1,233,054,192     $     2,177,877,564     $ 95,632,101     $ 306,673,171     $     1,312,756,412  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Shares authorized

        2,800,000,000       2,825,000,000       2,600,000,000           900,000,000           1,200,000,000       700,000,000  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Par value

  $ 0.0010     $ 0.0010     $ 0.0010     $ 0.0010     $ 0.0010     $ 0.0010  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Class IA:   Net asset value per share

  $ 8.20     $ 16.52     $ 42.56     $ 9.16     $ 11.66     $ 33.11  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

         Shares outstanding

    23,945,236       66,467,944       49,880,492       8,861,973       20,224,725       28,593,744  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

         Net Assets

  $ 196,373,564     $ 1,097,976,371     $ 2,122,667,244     $ 81,133,222     $ 235,765,541     $ 946,868,849  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Class IB:   Net asset value per share

  $ 8.05     $ 16.71     $ 41.33     $ 9.08     $ 11.58     $ 32.07  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

         Shares outstanding

    7,444,133       8,082,916       1,335,708       1,596,121       6,121,357       11,409,765  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

         Net Assets

  $ 59,904,629     $ 135,077,821     $ 55,210,320     $ 14,498,879     $ 70,907,630     $ 365,887,563  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Class IC:   Net asset value per share

  $     $     $     $     $     $  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

         Shares outstanding

                                   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

         Net Assets

  $     $     $     $     $     $  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Cost of investments

  $ 257,779,633     $ 1,138,028,145     $ 1,624,960,844     $ 84,200,258     $ 277,903,511     $ 1,217,260,529  

Cost of foreign currency

  $     $ 1,034,815     $     $     $     $  

Proceeds of TBA sale commitments

  $     $     $     $     $     $  

Proceeds of written option contracts

  $     $     $     $     $     $  

(1) Includes Investment in securities on loan, at market value

  $     $ 3,616,026     $ 22,843,043     $     $ 4,389,041     $ 54,284,551  

 

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

 

 

  109  

 


Hartford HLS Funds

Statements of Assets and Liabilities – (continued)

June 30, 2019 (Unaudited)

 

 

 

    Hartford
Small
Company
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
 

Assets:

 

Investments in securities, at market value(1)

  $ 644,359,460     $ 1,486,978,727     $ 2,685,684,609     $ 501,591,991     $ 378,933,326     $ 442,720,757  

Cash

                      23,666       2,573        

Foreign currency

    4       125,649       269,190                   29,233  

Unrealized appreciation on OTC swap contracts

                1,943,474                    

Unrealized appreciation on foreign currency contracts

                166,657                    

Receivables:

 

Investment securities sold

    967,644       7,464,780       346,489,446       5,900,000       26,194,906        

Fund shares sold

    112,316       20,931       819,031       177,936       253,657       118,846  

Dividends and interest

    272,473       1,468,683       13,100,537       1,769,694       1,471,522       340,108  

Securities lending income

    1,174             4,404       718       6,487       455  

Variation margin on futures contracts

                            11,332        

Variation margin on centrally cleared swap contracts

                35,828                    

Tax reclaims

          641,195       27,522                   283,073  

OTC swap contracts premiums paid

                1,544,296                    

Other assets

    12,749       7,277       7,812       11,433       18,470       14,452  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total assets

    645,725,820       1,496,707,242       3,050,092,806       509,475,438       406,892,273       443,506,924  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Liabilities:

 

Unrealized depreciation on foreign currency contracts

                28,401                    

Bank overdraft

                578,156                    

Obligation to return securities lending collateral

    3,997,475             8,836,644       5,844,958             3,905,544  

Unrealized depreciation on OTC swap contracts

                2,270,279                    

Cash collateral due to broker on swap contracts

                120,000                    

TBA sale commitments, at market value

                77,012,553             15,103,705        

Payables:

 

Investment securities purchased

    4,917,865             814,685,469       10,029,755       56,022,397       206,479  

Fund shares redeemed

    1,911,249       1,205,932       1,255,544       86,500       813,172       150,870  

Investment management fees

    374,391       584,666       822,487       161,415       124,158       237,703  

Transfer agent fees

    467       426       458       419       414       466  

Accounting services fees

    9,162       17,071       31,461       5,650       3,863       4,967  

Board of Directors’ fees

    3,677       8,430       13,212       2,831       2,230       2,957  

Variation margin on centrally cleared swap contracts

                            119,193        

Variation margin on futures contracts

                145,952                    

Distribution fees

    1,784       4,578       7,502       2,115       1,970       2,093  

Written options

                10,500                    

Accrued expenses

    83,959       157,047       192,607       68,556       102,538       60,811  

OTC swap contracts premiums received

                7,975,056                    
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total liabilities

    11,300,029       1,978,150       913,986,281       16,202,199       72,293,640       4,571,890  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net assets

  $ 634,425,791     $ 1,494,729,092     $ 2,136,106,525     $ 493,273,239     $ 334,598,633     $ 438,935,034  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Summary of Net Assets:

 

Capital stock and paid-in-capital

  $ 394,539,337     $ 883,861,083     $ 1,993,020,131     $ 478,211,765     $ 348,624,002     $ 285,819,974  

Distributable earnings

    239,886,454       610,868,009       143,086,394       15,061,474       (14,025,369     153,115,060  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net assets

  $ 634,425,791     $ 1,494,729,092     $ 2,136,106,525     $ 493,273,239     $     334,598,633     $     438,935,034  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Shares authorized

        1,500,000,000           4,200,000,000           5,000,000,000           14,000,000,000       700,000,000       800,000,000  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Par value

  $ 0.0010     $ 0.0010     $ 0.0010     $ 0.0010     $ 0.0010     $ 0.0010  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Class IA:   Net asset value per share

  $ 23.53     $ 94.42     $ 11.53     $ 10.27     $ 10.45     $ 14.93  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

         Shares outstanding

    24,699,930       14,410,074       166,268,131       42,004,707       26,503,925       25,267,552  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

         Net Assets

  $ 581,277,320     $ 1,360,541,650     $ 1,916,857,870     $ 431,444,176     $ 277,068,980     $ 377,316,214  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Class IB:   Net asset value per share

  $ 21.67     $ 94.31     $ 11.45     $ 10.25     $ 10.43     $ 14.90  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

         Shares outstanding

    2,452,359       1,422,905       19,142,886       6,030,953       5,515,990       4,135,598  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

         Net Assets

  $ 53,148,471     $ 134,187,442     $ 219,248,655     $ 61,829,063     $ 57,529,653     $ 61,618,820  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Cost of investments

  $ 563,532,015     $ 1,066,373,890     $ 2,636,144,341     $ 500,061,117     $ 375,670,438     $ 354,468,870  

Cost of foreign currency

  $ 5     $ 125,587     $ 270,696     $     $     $ 29,218  

Proceeds of TBA sale commitments

  $     $     $ 76,786,559     $     $ 15,044,734     $  

Proceeds of written option contracts

  $     $     $ 4,823     $     $     $  

(1) Includes Investment in securities on loan, at market value

  $ 5,587,811     $     $ 8,562,645     $ 5,723,970     $     $ 3,378,509  

 

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

 

 

  110  

 


Hartford HLS Funds

Statements of Operations

For the Six-Month Period Ended June 30, 2019 (Unaudited)

 

 

 

    Hartford
Balanced
HLS Fund
    Hartford
Capital
Appreciation
HLS Fund
    Hartford
Disciplined
Equity
HLS Fund
    Hartford
Dividend
and Growth
HLS Fund
    Hartford
Global
Growth
HLS Fund
    Hartford
Growth
Opportunities
HLS Fund
    Hartford
Healthcare
HLS Fund
 

Investment Income:

             

Dividends

  $ 15,615,882     $ 38,599,212     $ 4,892,219     $ 41,585,802     $ 3,765,873     $ 2,527,331     $ 1,276,789  

Interest

    11,421,404       949,866       59,752       637,382       56,850       633,673       116,305  

Securities lending

    211,555       68,314       79,756       192,490       24,532       30,935       52,247  

Less: Foreign tax withheld

    (320,203     (618,878           (437,055     (177,795     (22,712     (33,727
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total investment income, net

    26,928,638       38,998,514       5,031,727       41,978,619       3,669,460       3,169,227       1,411,614  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Expenses:

             

Investment management fees

    6,325,001       13,955,519       2,260,739       10,247,635       1,852,766       4,741,759       1,123,906  

Administrative services fees

             

Class IC

          38,881                         55,153        

Transfer agent fees

             

Class IA

    2,415       3,647       2,361       2,612       2,332       3,517       2,393  

Class IB

    322       446       324       355       441       393       419  

Class IC

          30                         113        

Distribution fees

             

Class IB

    297,337       586,994       92,750       470,231       98,232       190,808       48,405  

Class IC

          38,881                         55,153        

Custodian fees

    11,687       34,412       3,840       9,412       10,053       11,353       5,895  

Registration and filing fees

    16,803       22,287       16,307       17,001       16,307       23,727       16,071  

Accounting services fees

    182,156       373,352       43,032       220,201       34,611       140,765       18,634  

Board of Directors’ fees

    31,143       65,857       9,311       47,968       7,362       22,371       4,703  

Audit fees

    16,138       27,464       11,099       11,205       19,518       23,420       12,896  

Other expenses

    122,336       250,008       65,982       178,618       49,197       116,805       14,415  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total expenses (before waivers and fees paid indirectly)

    7,005,338       15,397,778       2,505,745       11,205,238       2,090,819       5,385,337       1,247,737  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Management fee waivers

    (303,593                                    

Commission recapture

    (10,567     (11,280     (1,491     (9,589     (869     (3,948     (1,290
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total waivers and fees paid indirectly

    (314,160     (11,280     (1,491     (9,589     (869     (3,948     (1,290
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total expenses, net

    6,691,178       15,386,498       2,504,254       11,195,649       2,089,950       5,381,389       1,246,447  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Investment Income (Loss)

    20,237,460       23,612,016       2,527,473       30,782,970       1,579,510       (2,212,162     165,167  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Realized Gain (Loss) on Investments, Other Financial Instruments and Foreign Currency Transactions:

             

Net realized gain (loss) on investments

    54,708,781       108,700,277       29,895,209       95,520,903       22,686,866       80,627,176       34,499,066  

Less: Foreign taxes paid on realized capital gains

          (4,727                              

Net realized gain (loss) on futures contracts

    329,094       7,211,631                                

Net realized gain (loss) on foreign currency contracts

          (125,468                              

Net realized gain (loss) on other foreign currency transactions

    (7,583     (56,005           6,720       (6,585     10,907       (4,515
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Realized Gain (Loss) on Investments, Other Financial Instruments and Foreign Currency Transactions

    55,030,292       115,725,708       29,895,209       95,527,623       22,680,281       80,638,083       34,494,551  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Changes in Unrealized Appreciation (Depreciation) of Investments, Other Financial Instruments and Foreign Currency Transactions:

             

Net unrealized appreciation (depreciation) of investments

    180,531,889       692,552,928       78,604,717       325,121,293       75,609,135       303,501,600       9,426,086  

Net unrealized appreciation (depreciation) of futures contracts

    (20,739     3,254,929                                

Net unrealized appreciation (depreciation) of foreign currency contracts

          276,970                                

Net unrealized appreciation (depreciation) of translation of other assets and liabilities in foreign currencies

    12,324       557             (92     12,166       2,589       345  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Changes in Unrealized Appreciation (Depreciation) of Investments, Other Financial Instruments and Foreign Currency Transactions

    180,523,474       696,085,384       78,604,717       325,121,201       75,621,301       303,504,189       9,426,431  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Gain (Loss) on Investments, Other Financial Instruments and Foreign Currency Transactions

    235,553,766       811,811,092       108,499,926       420,648,824       98,301,582       384,142,272       43,920,982  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

  $     255,791,226     $     835,423,108     $     111,027,399     $     451,431,794     $     99,881,092     $     381,930,110     $     44,086,149  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

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

 

 

  111  

 


Hartford HLS Funds

Statements of Operations – (continued)

For the Six-Month Period Ended June 30, 2019 (Unaudited)

 

 

 

    Hartford
High Yield
HLS Fund
    Hartford
International
Opportunities
HLS Fund
    Hartford
MidCap
HLS Fund
    Hartford
MidCap
Growth
HLS Fund
    Hartford
MidCap
Value
HLS Fund
    Hartford
Small Cap
Growth
HLS Fund
 

Investment Income:

           

Dividends

  $ 13,677     $ 24,763,826     $ 6,943,601     $ 245,178     $ 3,073,744     $ 3,859,109  

Interest

    8,342,133       301,654       26,475       15,195       43,071       235,380  

Securities lending

          327,287       49,338       20,141       6,847       356,749  

Less: Foreign tax withheld

          (2,737,911     (56,425           (23,223      
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total investment income, net

    8,355,810       22,654,856       6,962,989       280,514       3,100,439       4,451,238  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Expenses:

           

Investment management fees

    892,507       4,167,320       6,887,167       353,906       1,221,483       3,866,818  

Administrative services fees

           

Class IC

                                   

Transfer agent fees

           

Class IA

    1,981       3,159       4,100       2,110       1,949       2,676  

Class IB

    610       388       107       368       586       1,037  

Class IC

                                   

Distribution fees

           

Class IB

    75,059       163,254       65,715       16,439       88,168       444,123  

Class IC

                                   

Custodian fees

    4,208       34,552       10,111       2,376       5,141       6,254  

Registration and filing fees

    15,811       16,804       18,397       17,400       16,307       18,170  

Accounting services fees

    17,850       83,629       144,553       6,193       21,376       114,517  

Board of Directors’ fees

    3,942       18,555       31,171       1,289       4,763       18,930  

Audit fees

    16,009       25,774       11,130       11,327       11,177       11,267  

Other expenses

    38,502       114,556       79,460       13,713       32,172       61,956  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total expenses (before waivers and fees paid indirectly)

    1,066,479       4,627,991       7,251,911       425,121       1,403,122       4,545,748  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Management fee waivers

                            (61,074      

Commission recapture

          (4,015     (4,996     (168     (2,007     (6,197
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total waivers and fees paid indirectly

          (4,015     (4,996     (168     (63,081     (6,197
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total expenses, net

    1,066,479       4,623,976       7,246,915       424,953       1,340,041       4,539,551  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Investment Income (Loss)

    7,289,331       18,030,880       (283,926     (144,439     1,760,398       (88,313
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Realized Gain (Loss) on Investments, Other Financial Instruments and Foreign Currency Transactions:

           

Net realized gain (loss) on investments

    (6,014,021     (31,571,031     44,654,310       2,332,528       9,230,635       36,677,782  

Less: Foreign taxes paid on realized capital gains

                                   

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

    97,807       (16,254                        

Net realized gain (loss) on other foreign currency transactions

    2,664       (160,537     4,397             2,461        
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Realized Gain (Loss) on Investments, Other Financial Instruments and Foreign Currency Transactions

    (5,913,550     (31,747,822     44,658,707       2,332,528       9,233,096       36,677,782  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Changes in Unrealized Appreciation (Depreciation) of Investments, Other Financial Instruments and Foreign Currency Transactions:

           

Net unrealized appreciation (depreciation) of investments

    23,062,865       218,731,708       420,099,039       18,765,856       37,339,100       225,724,474  

Net unrealized appreciation (depreciation) of purchased options contracts

                                   

Net unrealized appreciation (depreciation) of futures contracts

                                   

Net unrealized appreciation (depreciation) of written options contracts

                                   

Net unrealized appreciation (depreciation) of swap contracts

                                   

Net unrealized appreciation (depreciation) of foreign currency contracts

    (4,470                              

Net unrealized appreciation (depreciation) of translation of other assets and liabilities in foreign currencies

    397       8,340                   (40      
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Changes in Unrealized Appreciation (Depreciation) of Investments, Other Financial Instruments and Foreign Currency Transactions

    23,058,792       218,740,048       420,099,039       18,765,856       37,339,060       225,724,474  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Gain (Loss) on Investments, Other Financial Instruments and Foreign Currency Transactions

    17,145,242       186,992,226       464,757,746       21,098,384       46,572,156       262,402,256  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

  $     24,434,573     $     205,023,106     $     464,473,820     $     20,953,945     $     48,332,554     $     262,313,943  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

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

 

 

  112  

 


Hartford HLS Funds

Statements of Operations – (continued)

For the Six-Month Period Ended June 30, 2019 (Unaudited)

 

 

 

     Hartford
Small
Company
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
 

Investment Income:

            

Dividends

   $ 1,690,520     $ 14,940,467     $ 41,837     $     $     $ 5,831,086  

Interest

     139,795       232,768       39,708,211       6,677,625       4,422,015       54,400  

Securities lending

     13,502             23,650       10,148       6,487       33,795  

Less: Foreign tax withheld

           (81,601     (15,158                 (79,659
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total investment income, net

     1,843,817       15,091,634       39,758,540       6,687,773       4,428,502       5,839,622  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Expenses:

            

Investment management fees

     2,222,392       3,415,986       4,869,744       972,391       746,206       1,455,335  

Transfer agent fees

            

Class IA

     2,505       2,414       2,568       2,370       2,144       2,388  

Class IB

     235       239       295       348       446       393  

Distribution fees

            

Class IB

     64,542       160,371       266,418       77,729       71,421       76,714  

Custodian fees

     5,305       5,492       17,105       3,630       3,942       3,472  

Registration and filing fees

     17,643       16,803       16,680       16,258       17,282       16,307  

Accounting services fees

     54,305       99,526       186,112       34,034       23,215       30,428  

Board of Directors’ fees

     8,770       21,142       31,773       7,384       5,196       6,749  

Audit fees

     20,619       16,057       24,286       16,000       23,035       11,213  

Other expenses

     53,633       101,442       162,320       45,219       49,487       40,551  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total expenses (before waivers and fees paid indirectly)

     2,449,949       3,839,472       5,577,301       1,175,363       942,374       1,643,550  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Management fee waivers

                                    

Commission recapture

     (4,083     (945                       (2,264
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total waivers and fees paid indirectly

     (4,083     (945                       (2,264
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total expenses, net

     2,445,866       3,838,527       5,577,301       1,175,363       942,374       1,641,286  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Investment Income (Loss)

     (602,049     11,253,107       34,181,239       5,512,410       3,486,128       4,198,336  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Realized Gain (Loss) on Investments, Other Financial Instruments and Foreign Currency Transactions:

            

Net realized gain (loss) on investments

     50,721,108       62,313,768       18,267,665       (44,856     2,055,461       17,849,097  

Net realized gain (loss) on purchased options contracts

                 (962,631                  

Net realized gain (loss) on futures contracts

                 14,392,919             4,158,692        

Net realized gain (loss) on written options contracts

                 (117,136                  

Net realized gain (loss) on swap contracts

                 (5,845,271           (449,849      

Net realized gain (loss) on foreign currency contracts

                 742,540                    

Net realized gain (loss) on other foreign currency transactions

           (26,419     (58,312                 (623
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Realized Gain (Loss) on Investments, Other Financial Instruments and Foreign Currency Transactions

     50,721,108       62,287,349       26,419,774       (44,856     5,764,304       17,848,474  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Changes in Unrealized Appreciation (Depreciation) of Investments, Other Financial Instruments and Foreign Currency Transactions:

            

Net unrealized appreciation (depreciation) of investments

     93,874,662       195,102,832       90,498,885       2,790,500       5,666,959       44,279,006  

Net unrealized appreciation (depreciation) of purchased options contracts

                 487,693                    

Net unrealized appreciation (depreciation) of futures contracts

                 (4,485,155           (255,184      

Net unrealized appreciation (depreciation) of written options contracts

                 219,260                    

Net unrealized appreciation (depreciation) of swap contracts

                 (2,752,262           (1,529,978      

Net unrealized appreciation (depreciation) of foreign currency contracts

                 57,007                    

Net unrealized appreciation (depreciation) of translation of other assets and liabilities in foreign currencies

           19,774       21,060                   4,027  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Changes in Unrealized Appreciation (Depreciation) of Investments, Other Financial Instruments and Foreign Currency Transactions

     93,874,662       195,122,606       84,046,488       2,790,500       3,881,797       44,283,033  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Gain (Loss) on Investments, Other Financial Instruments and Foreign Currency Transactions

     144,595,770       257,409,955       110,466,262       2,745,644       9,646,101       62,131,507  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

   $     143,993,721     $     268,663,062     $     144,647,501     $     8,258,054     $     13,132,229     $     66,329,843  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

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

 

 

  113  

 


Hartford HLS Funds

Statements of Changes in Net Assets

 

 

 

     Hartford Balanced
HLS Fund
    Hartford Capital Appreciation
HLS Fund
    Hartford Disciplined Equity
HLS Fund
 
     For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
    For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
    For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
 

Operations:

            

Net investment income (loss)

   $ 20,237,460     $ 42,139,010     $ 23,612,016     $ 47,501,815     $ 2,527,473     $ 4,594,725  

Net realized gain (loss) on investments, other financial instruments and foreign currency transactions

     55,030,292       182,656,507       115,725,708       503,833,446       29,895,209       72,774,676  

Net changes in unrealized appreciation (depreciation) of investments, other financial instruments and foreign currency transactions

     180,523,474       (330,783,578     696,085,384       (829,651,424     78,604,717       (83,373,336
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     255,791,226       (105,988,061     835,423,108       (278,316,163     111,027,399       (6,003,935
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Distributions to Shareholders:

            

Class IA

           (123,979,008           (454,718,791           (59,926,122

Class IB

           (15,722,695           (55,433,183           (8,120,313

Class IC

                       (3,306,481            
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total distributions

           (139,701,703           (513,458,455           (68,046,435
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Capital Share Transactions:

            

Sold

     6,241,009       17,623,057       13,723,140       41,412,513       8,181,528       8,267,277  

Issued on reinvestment of distributions

           139,701,703             513,458,455             68,046,434  

Redeemed

     (147,377,348     (337,066,656     (423,561,495     (817,092,381     (56,472,509     (129,497,572
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net (decrease) from capital share transactions

     (141,136,339     (179,741,896     (409,838,355     (262,221,413     (48,290,981     (53,183,861
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

     114,654,887       (425,431,660     425,584,753           (1,053,996,031     62,736,418           (127,234,231
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Assets:

            

Beginning of period

     1,947,549,378       2,372,981,038       4,003,199,983       5,057,196,014       570,180,246       697,414,477  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

End of period

   $     2,062,204,265     $     1,947,549,378     $     4,428,784,736     $ 4,003,199,983     $     632,916,664     $ 570,180,246  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

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

 

 

  114  

 


Hartford HLS Funds

Statements of Changes in Net Assets – (continued)

 

 

 

     Hartford Dividend and Growth
HLS Fund
    Hartford Global Growth
HLS Fund
    Hartford Growth Opportunities
HLS Fund
 
     For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
    For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
    For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
 

Operations:

            

Net investment income (loss)

   $ 30,782,970     $ 61,938,823     $ 1,579,510     $ 1,764,762     $ (2,212,162   $ (2,469,727

Net realized gain (loss) on investments, other financial instruments and foreign currency transactions

     95,527,623       372,873,247       22,680,281       68,672,082       80,638,083       314,646,983  

Net changes in unrealized appreciation (depreciation) of investments, other financial instruments and foreign currency transactions

     325,121,201       (593,183,815     75,621,301       (85,389,535     303,504,189       (288,647,726
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     451,431,794       (158,371,745     99,881,092       (14,952,691     381,930,110       23,529,530  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Distributions to Shareholders:

            

Class IA

           (367,065,830           (38,893,548           (183,161,141

Class IB

           (50,078,265           (7,324,732           (21,414,890

Class IC

                                   (5,228,239
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total distributions

           (417,144,095           (46,218,280           (209,804,270
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Capital Share Transactions:

            

Sold

     30,893,139       61,469,849       8,382,024       36,885,058       29,620,449       50,069,414  

Issued on reinvestment of distributions

           417,144,095             46,218,280             209,804,270  

Redeemed

     (235,912,790     (561,723,069     (39,810,472     (91,759,918     (114,484,655     (225,579,813
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net increase (decrease) from capital share transactions

     (205,019,651     (83,109,125     (31,428,448     (8,656,580     (84,864,206     34,293,871  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

     246,412,143       (658,624,965     68,452,644       (69,827,551     297,065,904       (151,980,869
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Assets:

            

Beginning of period

     2,961,025,817       3,619,650,782       447,194,970       517,022,521       1,357,464,394       1,509,445,263  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

End of period

   $     3,207,437,960     $     2,961,025,817     $     515,647,614     $     447,194,970     $     1,654,530,298     $     1,357,464,394  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

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

 

 

  115  

 


Hartford HLS Funds

Statements of Changes in Net Assets – (continued)

 

 

 

     Hartford Healthcare
HLS Fund
    Hartford High Yield
HLS Fund
    Hartford International Opportunities
HLS Fund
 
     For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
    For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
    For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
 

Operations:

            

Net investment income (loss)

   $ 165,167     $ (129,611   $ 7,289,331     $ 14,942,261     $ 18,030,880     $ 21,970,804  

Net realized gain (loss) on investments and foreign currency transactions

     34,494,551       31,460,608       (5,913,550     3,129,099       (31,747,822     45,857,314  

Net changes in unrealized appreciation (depreciation) of investments and foreign currency transactions

     9,426,431       (37,551,800     23,058,792       (27,080,181     218,740,048       (332,649,147
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     44,086,149       (6,220,803     24,434,573       (9,008,821     205,023,106       (264,821,029
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Distributions to Shareholders:

            

Class IA

           (17,636,397           (12,607,847           (24,591,559

Class IB

           (2,726,361           (3,775,566           (2,394,120

Class IC

                                    
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total distributions

           (20,362,758           (16,383,413           (26,985,679
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Capital Share Transactions:

            

Sold

     8,496,297       31,276,586       5,669,162       13,407,636       25,706,539       144,483,508  

Issued on reinvestment of distributions

           20,362,758             16,383,413             26,985,679  

Redeemed

     (109,658,934     (74,733,932     (23,232,749     (56,481,478     (118,605,617     (339,252,535
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net increase (decrease) from capital share transactions

         (101,162,637     (23,094,588     (17,563,587     (26,690,429     (92,899,078     (167,783,348
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

     (57,076,488     (49,678,149     6,870,986       (52,082,663     112,124,028       (459,590,056
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Assets:

            

Beginning of period

     285,720,052       335,398,201       249,407,207       301,489,870       1,120,930,164       1,580,520,220  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

End of period

   $ 228,643,564     $     285,720,052     $     256,278,193     $     249,407,207     $     1,233,054,192     $     1,120,930,164  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

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

 

 

  116  

 


Hartford HLS Funds

Statements of Changes in Net Assets – (continued)

 

 

 

     Hartford MidCap
HLS Fund
    Hartford MidCap Growth
HLS Fund
    Hartford MidCap Value
HLS Fund
 
     For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
    For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
    For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
 

Operations:

            

Net investment income (loss)

   $ (283,926   $ 597,397     $ (144,439   $ 151,187     $ 1,760,398     $ 2,003,484  

Net realized gain (loss) on investments and foreign currency transactions

     44,658,707       313,601,069       2,332,528       16,823,323       9,233,096       39,094,355  

Net changes in unrealized appreciation (depreciation) of investments and foreign currency transactions

     420,099,039       (453,906,710     18,765,856       (25,371,110     37,339,060       (89,944,997
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     464,473,820       (139,708,244     20,953,945       (8,396,600     48,332,554       (48,847,158
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Distributions to Shareholders:

            

Class IA

           (206,009,765           (7,929,782           (20,921,640

Class IB

           (5,470,747           (1,375,082           (5,918,091

Class IC

                                    
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total distributions

           (211,480,512           (9,304,864           (26,839,731
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Capital Share Transactions:

            

Sold

     65,506,471       268,177,739       6,029,064       4,772,590       2,674,804       5,167,853  

Issued on reinvestment of distributions

           211,480,512             9,304,864             26,839,731  

Redeemed

     (167,000,735     (528,465,528     (7,458,343     (19,264,292     (26,002,186     (49,490,166
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net increase (decrease) from capital share transactions

     (101,494,264     (48,807,277     (1,429,279     (5,186,838     (23,327,382     (17,482,582
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

     362,979,556       (399,996,033     19,524,666       (22,888,302     25,005,172       (93,169,471
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Assets:

            

Beginning of period

     1,814,898,008       2,214,894,041       76,107,435       98,995,737       281,667,999       374,837,470  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

End of period

   $     2,177,877,564     $     1,814,898,008     $     95,632,101     $      76,107,435     $     306,673,171     $     281,667,999  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

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

 

 

  117  

 


Hartford HLS Funds

Statements of Changes in Net Assets – (continued)

 

 

 

     Hartford Small Cap Growth
HLS Fund
    Hartford Small Company
HLS Fund
    Hartford Stock
HLS Fund
 
     For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
    For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
    For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
 

Operations:

            

Net investment income (loss)

   $ (88,313   $ (1,320,167   $ (602,049   $ (3,112,175   $ 11,253,107     $ 23,168,989  

Net realized gain (loss) on investments and foreign currency transactions

     36,677,782       219,253,261       50,721,108       113,781,063       62,287,349       120,020,211  

Net changes in unrealized appreciation (depreciation) of investments and foreign currency transactions

     225,724,474       (363,380,245     93,874,662       (127,972,764     195,122,606       (138,545,767
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     262,313,943       (145,447,151     143,993,721       (17,303,876     268,663,062       4,643,433  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Distributions to Shareholders:

            

Class IA

           (60,365,921           (37,253,096           (20,294,819

Class IB

           (23,243,803           (4,017,068           (1,685,834
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total distributions

           (83,609,724           (41,270,164           (21,980,653
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Capital Share Transactions:

            

Sold

     87,342,543       200,210,026       20,348,402       55,281,428       4,776,896       8,126,181  

Issued on reinvestment of distributions

           74,744,865             41,270,164             21,980,653  

Redeemed

     (153,281,442     (264,548,970     (49,416,010     (126,680,602     (100,759,445     (212,336,911
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net increase (decrease) from capital share transactions

     (65,938,899     10,405,921       (29,067,608     (30,129,010     (95,982,549     (182,230,077
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

     196,375,044       (218,650,954     114,926,113       (88,703,050     172,680,513       (199,567,297
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Assets:

            

Beginning of period

     1,116,381,368       1,335,032,322       519,499,678       608,202,728       1,322,048,579       1,521,615,876  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

End of period

   $     1,312,756,412     $     1,116,381,368     $     634,425,791     $      519,499,678     $     1,494,729,092     $     1,322,048,579  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

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

 

 

  118  

 


Hartford HLS Funds

Statements of Changes in Net Assets – (continued)

 

 

 

     Hartford Total Return Bond
HLS Fund
    Hartford Ultrashort Bond
HLS Fund
    Hartford U.S. Government
Securities HLS Fund
 
     For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
    For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
    For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
 

Operations:

            

Net investment income (loss)

   $ 34,181,239     $ 71,823,626     $ 5,512,410     $ 8,766,837     $ 3,486,128     $ 7,546,931  

Net realized gain (loss) on investments, other financial instruments and foreign currency transactions

     26,419,774       (37,810,393     (44,856     (18,669     5,764,304       (5,641,701

Net changes in unrealized appreciation (depreciation) of investments, other financial instruments and foreign currency transactions

     84,046,488       (54,351,601     2,790,500       (1,061,293     3,881,797       228,103  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     144,647,501       (20,338,368     8,258,054       7,686,875       13,132,229       2,133,333  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Distributions to Shareholders:

            

Class IA

           (84,804,607           (5,018,413           (7,134,442

Class IB

           (9,181,448           (536,294           (1,332,927
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total distributions

           (93,986,055           (5,554,707           (8,467,369
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Capital Share Transactions:

            

Sold

     76,060,315       106,840,708       42,417,908       73,505,332       15,076,237       21,420,796  

Issued on reinvestment of distributions

           93,986,055             5,554,708             8,467,369  

Redeemed

     (171,022,852     (406,372,006     (59,421,831     (105,240,180     (39,192,741     (78,045,222
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net (decrease) from capital share transactions

     (94,962,537     (205,545,243     (17,003,923     (26,180,140     (24,116,504     (48,157,057
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

     49,684,964       (319,869,666     (8,745,869     (24,047,972     (10,984,275     (54,491,093
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Assets:

            

Beginning of period

     2,086,421,561       2,406,291,227       502,019,108       526,067,080       345,582,908       400,074,001  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

End of period

   $     2,136,106,525     $     2,086,421,561     $     493,273,239     $      502,019,108     $     334,598,633     $     345,582,908  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

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

 

 

  119  

 


Hartford HLS Funds

Statements of Changes in Net Assets – (continued)

 

 

 

     Hartford Value
HLS Fund
 
     For the
Six-Month
Period Ended
June 30, 2019
(Unaudited)
    For the
Year Ended
December 31,
2018
 

Operations:

    

Net investment income (loss)

   $ 4,198,336     $ 8,638,811  

Net realized gain (loss) on investments, other financial instruments and foreign currency transactions

     17,848,474       48,079,686  

Net changes in unrealized appreciation (depreciation) of investments, other financial instruments and foreign currency transactions

     44,283,033       (103,394,559
  

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets Resulting from Operations

     66,329,843       (46,676,062
  

 

 

   

 

 

 

Distributions to Shareholders:

    

Class IA

           (45,728,961

Class IB

           (7,417,890
  

 

 

   

 

 

 

Total distributions

           (53,146,851
  

 

 

   

 

 

 

Capital Share Transactions:

    

Sold

     6,356,633       13,010,218  

Issued on reinvestment of distributions

           53,146,851  

Redeemed

     (44,995,836     (81,575,571
  

 

 

   

 

 

 

Net (decrease) from capital share transactions

     (38,639,203     (15,418,502
  

 

 

   

 

 

 

Net Increase (Decrease) in Net Assets

     27,690,640       (115,241,415
  

 

 

   

 

 

 

Net Assets:

    

Beginning of period

     411,244,394       526,485,809  
  

 

 

   

 

 

 

End of period

   $     438,935,034     $      411,244,394  
  

 

 

   

 

 

 

 

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

 

 

  120  

 


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, 2019 (Unaudited)

 

IA

  $   27.47     $   0.30 (10)    $ 3.40 (10)    $ 3.70     $     $     $     $ 31.17       13.47 %(4)    $ 1,820,183       0.66 %(5)      0.63 %(5)      2.03 %(5)(10)      20

IB

    27.91       0.27 (10)      3.46 (10)      3.73                         31.64       13.36 (4)      242,022       0.91 (5)      0.88 (5)      1.78 (5)(10)      20  

For the Year Ended December 31, 2018

 

IA

  $ 31.02     $ 0.59     $   (2.12   $   (1.53   $   (0.61   $ (1.41   $ (2.02   $ 27.47       (5.24 )%    $ 1,717,759       0.66     0.63     1.92     31

IB

    31.48       0.52       (2.15     (1.63     (0.53     (1.41     (1.94     27.91       (5.50     229,790       0.91       0.88       1.67       31  

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  
Hartford Capital Appreciation HLS Fund  

For the Six-Month Period Ended June 30, 2019 (Unaudited)

 

IA

  $ 39.89     $ 0.25     $ 8.32     $ 8.57     $     $     $     $ 48.46       21.48 %(4)    $ 3,917,641       0.68 %(5)      0.68 %(5)      1.12 %(5)      25

IB

    39.28       0.19       8.19       8.38                         47.66       21.33 (4)      477,713       0.93 (5)      0.93 (5)      0.87 (5)      25  

IC

    39.54       0.14       8.24       8.38                         47.92       21.19 (4)      33,430       1.18 (5)      1.18 (5)      0.62 (5)      25  

For the Year Ended December 31, 2018

 

IA

  $ 48.16     $ 0.49     $ (3.33   $ (2.84   $ (0.43   $ (5.00   $ (5.43   $ 39.89       (6.96 )%    $ 3,543,187       0.67     0.67     1.03     73

IB

    47.48       0.37       (3.26     (2.89     (0.31     (5.00     (5.31     39.28       (7.18     432,334       0.92       0.92       0.77       73  

IC

    47.76       0.25       (3.26     (3.01     (0.21     (5.00     (5.21     39.54       (7.41     27,679       1.17       1.17       0.53       73  

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  

 

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

 

 

  121  

 


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, 2019 (Unaudited)

 

IA

  $   13.59     $   0.06     $   2.64     $   2.70     $     $     $     $ 16.29       19.87 %(4)    $ 556,098       0.79 %(5)      0.79 %(5)      0.85 %(5)      11

IB

    13.44       0.05       2.60       2.65                         16.09       19.72 (4)      76,818       1.04 (5)      1.04 (5)      0.60 (5)      11  

For the Year Ended December 31, 2018

 

IA

  $ 15.43     $ 0.11     $   (0.27   $   (0.16   $   (0.11   $   (1.57   $   (1.68   $   13.59       (1.99 )%    $ 501,718       0.78     0.78     0.72     22

IB

    15.27       0.07       (0.26     (0.19     (0.07     (1.57     (1.64     13.44       (2.23     68,462       1.03       1.03       0.47       22  

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  
Hartford Dividend and Growth HLS Fund  

For the Six-Month Period Ended June 30, 2019 (Unaudited)

 

IA

  $ 19.91     $ 0.22     $ 2.88     $ 3.10     $     $     $     $ 23.01       15.57 %(4)    $   2,826,576       0.68 %(5)      0.68 %(5)      1.99 %(5)      9

IB

    19.82       0.19       2.86       3.05                         22.87       15.39 (4)      380,862       0.93 (5)      0.93 (5)      1.74 (5)      9  

For the Year Ended December 31, 2018

 

IA

  $ 23.95     $ 0.43     $ (1.45   $ (1.02   $ (0.44   $ (2.58   $ (3.02   $ 19.91       (5.32 )%    $ 2,604,425       0.68     0.68     1.84     28

IB

    23.85       0.37       (1.44     (1.07     (0.38     (2.58     (2.96     19.82       (5.56     356,601       0.93       0.93       1.59       28  

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  
Hartford Global Growth HLS Fund  

For the Six-Month Period Ended June 30, 2019 (Unaudited)

 

IA

  $ 24.54     $ 0.09     $ 5.49     $ 5.58     $     $     $     $ 30.12       22.74 %(4)    $ 434,000       0.81 %(5)      0.81 %(5)      0.68 %(5)      27

IB

    24.28       0.06       5.43       5.49                         29.77       22.61 (4)      81,647       1.06 (5)      1.06 (5)      0.43 (5)      27  

For the Year Ended December 31, 2018

 

IA

  $ 27.89     $ 0.11     $ (0.83   $ (0.72   $ (0.15   $ (2.48   $ (2.63   $ 24.54       (3.81 )%    $ 375,825       0.80     0.80     0.37     55

IB

    27.63       0.04       (0.83     (0.79     (0.08     (2.48     (2.56     24.28       (4.07     71,370       1.05       1.05       0.12       55  

 

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

 

 

  122  

 


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 – (continued)  

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) 
Hartford Growth Opportunities HLS Fund  

For the Six-Month Period Ended June 30, 2019 (Unaudited)

 

IA

  $ 33.79     $   (0.05   $ 9.70     $ 9.65     $     $     $     $ 43.44       28.56 %(4)    $ 1,443,648       0.65 %(5)      0.65 %(5)      (0.24 )%(5)      28

IB

    32.19       (0.09     9.23       9.14                         41.33       28.39 (4)      161,039       0.90 (5)      0.90 (5)      (0.49 )(5)      28  

IC

    32.90       (0.15     9.44       9.29                         42.19       28.24 (4)      49,843       1.15 (5)      1.15 (5)      (0.75 )(5)      28  

For the Year Ended December 31, 2018

 

IA

  $ 38.42     $ (0.05   $ 1.17     $ 1.12     $     $ (5.75   $ (5.75   $ 33.79       0.53   $ 1,188,514       0.65     0.65     (0.12 )%      118

IB

    36.91       (0.14     1.17       1.03             (5.75     (5.75     32.19       0.29       132,629       0.90       0.90       (0.37     118  

IC

    37.71       (0.25     1.19       0.94             (5.75     (5.75     32.90       0.04       36,321       1.15       1.15       (0.62     118  

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) 
Hartford Healthcare HLS Fund  

For the Six-Month Period Ended June 30, 2019 (Unaudited)

 

IA

  $ 20.56     $ 0.02     $ 3.31     $ 3.33     $     $     $     $ 23.89       16.20 %(4)    $ 188,888       0.90 %(5)      0.90 %(5)      0.17 %(5)      23

IB

    19.44       (0.01     3.14       3.13                         22.57       16.10 (4)      39,755       1.15 (5)      1.15 (5)      (0.12 )(5)      23  

For the Year Ended December 31, 2018

 

IA

  $ 22.46     $     $   (0.41   $   (0.41   $   (0.02   $   (1.47   $   (1.49   $   20.56       (2.67 )%    $ 249,144       0.89     0.89     (0.01 )%      29

IB

    21.35       (0.06     (0.38     (0.44           (1.47     (1.47     19.44       (2.96     36,576       1.14       1.14       (0.26     29  

 

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

 

 

  123  

 


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 – (continued)  

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  
Hartford High Yield HLS Fund  

For the Six-Month Period Ended June 30, 2019 (Unaudited)

 

IA

  $ 7.45     $ 0.23 (11)    $ 0.52 (11)    $ 0.75     $     $     $     $ 8.20       10.07 %(4)    $ 196,374       0.78 %(5)      0.78 %(5)      5.78 %(5)(11)      22

IB

    7.32       0.21 (11)      0.52 (11)      0.73                         8.05       9.97 (4)      59,905       1.03 (5)      1.03 (5)      5.53 (5)(11)      22  

For the Year Ended December 31, 2018

 

IA

  $ 8.20     $ 0.43     $ (0.69   $ (0.26   $ (0.49   $     $ (0.49   $ 7.45       (3.44 )%    $ 190,681       0.77     0.77     5.39     26

IB

    8.06       0.41       (0.68     (0.27     (0.47           (0.47     7.32       (3.66     58,726       1.02       1.02       5.14       26  

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  
Hartford International Opportunities HLS Fund  

For the Six-Month Period Ended June 30, 2019 (Unaudited)

 

IA

  $ 13.91     $ 0.24     $ 2.37     $ 2.61     $     $     $     $ 16.52       18.76 %(4)    $   1,097,976       0.75 %(5)      0.75 %(5)      3.05 %(5)      48

IB

    14.09       0.22       2.40       2.62                         16.71       18.59 (4)      135,078       1.00 (5)      1.00 (5)      2.80 (5)      48  

For the Year Ended December 31, 2018

 

IA

  $ 17.46     $ 0.26     $ (3.49   $ (3.23   $ (0.32   $     $ (0.32   $ 13.91       (18.74 )%    $ 1,000,295       0.73     0.73     1.55     80

IB

    17.68       0.22       (3.53     (3.31     (0.28           (0.28     14.09       (18.96     120,635       0.98       0.98       1.28       80  

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  

 

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

 

 

  124  

 


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 – (continued)  

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  
Hartford MidCap HLS Fund  

For the Six-Month Period Ended June 30, 2019 (Unaudited)

 

IA

  $ 33.77     $     $ 8.79     $ 8.79     $     $     $     $ 42.56       26.03 %(4)    $ 2,122,667       0.70 %(5)      0.70 %(5)      (0.02 )%(5)      11

IB

    32.85         (0.05     8.53       8.48                         41.33       25.84 (4)      55,210       0.95 (5)      0.95 (5)      (0.27 )(5)      11  

For the Year Ended December 31, 2018

 

IA

  $ 40.10     $ 0.01     $   (2.35   $   (2.34   $   (0.01   $   (3.98   $   (3.99   $   33.77       (7.44 )%    $   1,768,712       0.69     0.69     0.03     35

IB

    39.18       (0.09     (2.26     (2.35           (3.98     (3.98     32.85       (7.65     46,186       0.94       0.94       (0.22     35  

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  
Hartford MidCap Growth HLS Fund  

For the Six-Month Period Ended June 30, 2019 (Unaudited)

 

IA

  $ 7.17     $ (0.01   $ 2.00     $ 1.99     $     $     $     $ 9.16       27.75 %(4)    $ 81,133       0.92 %(5)      0.92 %(5)      (0.29 )%(5)      22

IB

    7.12       (0.02     1.98       1.96                         9.08       27.53 (4)      14,499       1.17 (5)      1.17 (5)      (0.54 )(5)      22  

For the Year Ended December 31, 2018

 

IA

  $ 8.81     $ 0.02     $ (0.74   $ (0.72   $ (0.06   $ (0.86   $ (0.92   $ 7.17       (10.05 )%    $ 64,744       0.91     0.91     0.20     160

IB

    8.75             (0.73     (0.73     (0.04     (0.86     (0.90     7.12       (10.25     11,363       1.16       1.16       (0.05     160  

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  

 

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

 

 

  125  

 


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, 2019 (Unaudited)

 

IA

  $ 9.93     $ 0.07     $ 1.66     $ 1.73     $     $     $     $ 11.66       17.42 %(4)    $ 235,766       0.86 %(5)      0.82 %(5)      1.21 %(5)      30

IB

    9.88       0.05       1.65       1.70                         11.58       17.21 (4)      70,908       1.11 (5)      1.07 (5)      0.96 (5)      30  

For the Year Ended December 31, 2018

 

IA

  $   12.60     $ 0.08     $ (1.76   $ (1.68   $   (0.13   $ (0.86   $ (0.99   $ 9.93       (14.57 )%    $ 216,868       0.85     0.85     0.63     42

IB

    12.50       0.05       (1.75     (1.70     (0.06     (0.86     (0.92     9.88       (14.77     64,800       1.10       1.10       0.38       42  

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  
Hartford Small Cap Growth HLS Fund  

For the Six-Month Period Ended June 30, 2019 (Unaudited)

 

IA

  $ 26.76     $ 0.01     $ 6.34     $ 6.35     $     $     $     $ 33.11       23.73 %(4)    $ 946,869       0.64 %(5)      0.64 %(5)      0.06 %(5)      20

IB

    25.95         (0.03     6.15       6.12                         32.07       23.58 (4)      365,888       0.89 (5)      0.89 (5)      (0.19 )(5)      20  

For the Year Ended December 31, 2018

 

IA

  $ 32.13     $ (0.01   $   (3.27   $   (3.28   $     $   (2.09   $   (2.09   $   26.76       (11.70 )%    $   803,907       0.64     0.64     (0.03 )%      86

IB

    31.28       (0.09     (3.15     (3.24           (2.09     (2.09     25.95       (11.89     312,475       0.89       0.89       (0.28     86  

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  
Hartford Small Company HLS Fund  

For the Six-Month Period Ended June 30, 2019 (Unaudited)

 

IA

  $ 18.38     $ (0.02   $ 5.17     $ 5.15     $     $     $     $ 23.53       28.02 %(4)    $ 581,277       0.79 %(5)      0.79 %(5)      (0.18 )%(5)      34

IB

    16.94       (0.04     4.77       4.73                         21.67       27.92 (4)      53,148       1.04 (5)      1.04 (5)      (0.43 )(5)      34  

For the Year Ended December 31, 2018

 

IA

  $ 20.42     $ (0.10   $ (0.46   $ (0.56   $     $ (1.48   $ (1.48   $ 18.38       (4.23 )%    $ 473,098       0.78     0.78     (0.47 )%      100

IB

    18.97       (0.15     (0.40     (0.55           (1.48     (1.48     16.94       (4.51     46,402       1.03       1.03       (0.73     100  

 

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

 

 

  126  

 


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 – (continued)  

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  
Hartford Stock HLS Fund  

For the Six-Month Period Ended June 30, 2019 (Unaudited)

 

IA

  $ 78.10     $ 0.70     $ 15.62     $ 16.32     $     $     $     $ 94.42       20.90 %(4)    $ 1,360,542       0.52 %(5)      0.52 %(5)      1.61 %(5)      7

IB

    78.11       0.59       15.61       16.20                         94.31       20.74 (4)      134,187       0.77 (5)      0.77 (5)      1.35 (5)      7  

For the Year Ended December 31, 2018

 

IA

  $ 79.57     $ 1.31     $ (1.45   $ (0.14   $   (1.33   $     $ (1.33   $ 78.10       (0.14 )%    $ 1,201,873       0.51     0.51     1.60     22

IB

    79.54       1.10       (1.43     (0.33     (1.10           (1.10     78.11       (0.38     120,176       0.76       0.76       1.34       22  

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  
Hartford Total Return Bond HLS Fund  

For the Six-Month Period Ended June 30, 2019 (Unaudited)

 

IA

  $ 10.76     $ 0.18 (12)    $ 0.59 (12)    $ 0.77     $     $     $     $ 11.53       7.26 %(4)    $ 1,916,858       0.51 %(5)      0.51 %(5)      3.33 %(5)(12)      31

IB

    10.70       0.17 (12)      0.58 (12)      0.75                         11.45       7.01 (4)      219,249       0.76 (5)      0.76 (5)      3.08 (5)(12)      31  

For the Year Ended December 31, 2018

 

IA

  $ 11.32     $ 0.35     $ (0.43   $ (0.08   $ (0.44   $ (0.04   $ (0.48   $ 10.76       (0.81 )%    $ 1,871,299       0.51     0.51     3.23     53

IB

    11.25       0.33       (0.43     (0.10     (0.41     (0.04     (0.45     10.70       (0.91     215,123       0.76       0.76       2.98       53  

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  

 

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

 

 

  127  

 


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 Total Return Bond HLS Fund – (continued)  

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  
Hartford Ultrashort Bond HLS Fund  

For the Six-Month Period Ended June 30, 2019 (Unaudited)

 

IA

  $ 10.10     $ 0.12     $ 0.05     $ 0.17     $     $     $     $ 10.27       1.68 %(4)    $ 431,444       0.45 %(5)      0.45 %(5)      2.30 %(5)      30

IB

    10.09       0.10       0.06       0.16                         10.25       1.59 (4)      61,829       0.70 (5)      0.70 (5)      2.05 (5)      30  

For the Year Ended December 31, 2018

 

IA

  $ 10.06     $ 0.18     $ (0.02   $ 0.16     $ (0.12   $     $ (0.12   $ 10.10       1.57   $ 437,160       0.45     0.45     1.77     51

IB

    10.05       0.15       (0.02     0.13       (0.09           (0.09     10.09       1.27       64,859       0.70       0.70       1.52       51  

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  
Hartford U.S. Government Securities HLS Fund  

For the Six-Month Period Ended June 30, 2019 (Unaudited)

 

IA

  $ 10.05     $ 0.11     $ 0.29     $ 0.40     $     $     $     $ 10.45       3.98 %(4)    $ 277,069       0.53 %(5)      0.53 %(5)      2.15 %(5)      33

IB

    10.04       0.10       0.29       0.39                         10.43       3.88 (4)      57,530       0.78 (5)      0.78 (5)      1.90 (5)      33  

For the Year Ended December 31, 2018

 

IA

  $ 10.21     $ 0.21     $ (0.13   $ 0.08     $ (0.24   $     $ (0.24   $ 10.05       0.85   $ 286,243       0.52     0.52     2.08     42

IB

    10.20       0.18       (0.13     0.05       (0.21           (0.21     10.04       0.55       59,340       0.77       0.77       1.83       42  

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  

 

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

 

 

  128  

 


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, 2019 (Unaudited)

 

IA

  $   12.81     $   0.14     $ 1.98     $ 2.12     $     $     $     $ 14.93       16.55 %(4)    $ 377,316       0.72 %(5)      0.72 %(5)      1.97 %(5)      23

IB

    12.79       0.12       1.99       2.11                         14.90       16.50 (4)      61,619       0.97 (5)      0.97 (5)      1.72 (5)      23  

For the Year Ended December 31, 2018

 

IA

  $ 16.05     $ 0.28     $   (1.75   $   (1.47   $   (0.25   $   (1.52   $   (1.77   $   12.81       (10.18 )%    $   353,040       0.71     0.71     1.80     28

IB

    16.02       0.24       (1.74     (1.50     (0.21     (1.52     (1.73     12.79       (10.40     58,204       0.96       0.96       1.55       28  

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  

 

(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) 

FASB issued ASU 2017-08 to amend the amortization period to the earliest call date for purchased callable debt securities held at a premium. Effective January 1, 2019, the Fund amended its amortization policy and the effect of this change for the six month period ended June 30, 2019 was a decrease to net investment income per share for less than $(0.005), increase to net realized and unrealized gain (loss) on investments for less than $(0.005) and a decrease to ratio of net investment income to average net assets for less than (0.005)% for each class of shares. Per share data and ratios for periods prior to June 30, 2019 have not been restated to reflect this change in presentation.

(11) 

FASB issued ASU 2017-08 to amend the amortization period to the earliest call date for purchased callable debt securities held at a premium. Effective January 1, 2019, the Fund amended its amortization policy and the effect of this change for the six month period ended June 30, 2019 was an increase to net investment income per share of $0.01, decrease to net realized and unrealized gain (loss) to investments of $0.01 and an increase to ratio of net investment income to average net assets of 0.25% for each class of shares. Per share data and ratios for periods prior to June 30, 2019 have not been restated to reflect this change in presentation.

(12) 

FASB issued ASU 2017-08 to amend the amortization period to the earliest call date for purchased callable debt securities held at a premium. Effective January 1, 2019, the Fund amended its amortization policy and the effect of this change for the six month period ended June 30, 2019 was a decrease to net investment income per share of less than $(0.005), increase to net realized and unrealized gain (loss) on investments for less than $(0.005) and a decrease to ratio of net investment income to average net assets of 0.16% for each class of shares. Per share data and ratios for periods prior to June 30, 2019 have not been restated to reflect this change in presentation.

 

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

 

 

  129  

 


Hartford HLS Funds

Notes to Financial Statements

June 30, 2019 (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, 2019. 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 MidCap Growth HLS Fund (the “MidCap Growth HLS Fund”) (formerly, Hartford Small/Mid Cap Equity HLS Fund)

Hartford Small Cap Growth HLS Fund (the “Small Cap Growth 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 of insurance companies and certain qualified pension or retirement plans. 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 has registered for sale Class IA and IB shares. Each of Capital Appreciation HLS Fund and Growth Opportunities HLS Fund also has registered for sale Class IC shares. Each Fund is closed to certain investors. For more information please see each Fund’s statutory 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 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 services 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.

 

 

  130  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

 

  b)

Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV of each class 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 official close price or last reported trade price. If no trades were reported, market value is based on prices obtained from a quotation reporting system, established market makers (including evaluated prices), or independent pricing services. Pricing vendors may use matrix pricing or valuation models that utilize certain inputs and assumptions to derive values, including transaction data, credit quality information, general market conditions, news, and other factors and assumptions.

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 Board of Directors of each Company (the “Board of Directors”) (“Valuation Procedures”). 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. 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.

Prices of foreign equities that are principally traded on certain foreign markets will generally be 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. 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.

Fixed income investments (other than short-term obligations) held by a Fund are normally valued at prices supplied by independent pricing services in accordance with the Valuation Procedures. 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 derivatives, such as options, futures and options on futures, are valued at the last sale price determined by the exchange where such instruments principally trade as of the close of such exchange (“Exchange Close”). If a last sale price is not available, the value will be the mean of the most recently quoted bid and ask prices as of the Exchange Close. If a mean of the bid and ask prices cannot be calculated for the day, the value will be the most recently quoted bid price as of the Exchange Close. Over-the-counter derivatives are normally valued based on prices supplied by independent pricing services in accordance with the Valuation Procedures.

Investments valued in currencies other than U.S. dollars are converted to U.S. dollars using the prevailing spot currency 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 Exchange 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, if any, are valued at the respective NAV of each open-end mutual fund on the Valuation Date. Shares of investment companies listed and traded on an exchange are valued in the same manner as any exchange-listed equity security. Such open-end mutual funds and listed investment companies may use fair value pricing as disclosed in their prospectuses.

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 the Valuation Procedures.

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.

 

 

  131  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

   

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 has delegated the day-to-day responsibility for implementing the Valuation Procedures to the Valuation Committee. 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, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Board of Directors.

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.

Level 3 Holdings on June 30, 2019

Quantitative Information about Level 3 Fair Value Measurements:

 

Growth Opportunities HLS Fund

 

Security Type / Valuation Technique*

    

Unobservable Input

     Input Value(s) Range        Fair Value at
June 30, 2019
 

Common Stock

              

Model

    

EV/Revenue

       2.6x to 3.52x        $ 4,587,979  

Model

    

EV/EBITDA

       9.8x          1,904,551  

Cost

    

Trade Price

       $15.72 to $176.61          4,386,506  

Escrows

              

Cost

    

Trade Price

       $0.01 to $0.54          157,051  

Preferred Stock

              

Model

    

EV/Revenue

       1.3x to 5.3x          11,842,686  

Model

    

EV/EBITDA

       8.3x          2,293,051  

Cost

    

Trade Price

       $5.70 to $68.00          27,626,087  
              

 

 

 

Total

               $ 52,797,910  
              

 

 

 

 

  *

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.

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.

 

 

  132  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

Please refer to note 8 for Securities Lending information.

 

  d)

Taxes – A Fund may be subject to taxes imposed on realized gains on securities of certain foreign countries in which a Fund invests. A Fund may also be subject to taxes withheld on foreign dividends and interest from securities in which a 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 class of each Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of each class 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 each 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.

 

3.

Securities and Other Investments:

 

  a)

Restricted Securities – Each Fund may invest in securities that are subject to legal or contractual restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are registered. Disposal of these securities may involve time-consuming negotiations and expense, and prompt sale at an acceptable price may be difficult. Information regarding restricted securities, if applicable, is included at the end of each Fund’s Schedule of Investments.

 

  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, 2019.

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

 

 

  133  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

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, 2019.

 

  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, 2019.

 

  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 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, 2019.

 

  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, 2019.

 

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.

 

 

  134  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

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, 2019, Capital Appreciation HLS Fund, High Yield HLS Fund, International Opportunities 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, 2019, 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 on a specific date. Option contracts are either over-the-counter (“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, swaps, investments or currency transactions 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, 2019, 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 in accordance with the Valuation Procedures. 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 swaps. 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

 

 

  135  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

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).

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, 2019, 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.

 

 

  136  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

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.

During the six-month period ended June 30, 2019, 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, 2019, Total Return Bond HLS Fund had used Total Return Swap Contracts.

 

  e)

Additional Derivative Instrument Information:

Balanced HLS Fund

The Effect of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2019:

 

     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)

   $     157,376      $     —      $     —      $     —      $     —      $     —      $     157,376  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 157,376      $      $      $      $      $      $ 157,376  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

  (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 Statement of Assets and Liabilities.

The Effect of Derivative Instruments on the Statement of Operations for the period ended June 30, 2019:

 

     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

   $ 329,094     $      $      $      $      $      $ 329,094  
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     329,094     $      $      $      $      $      $     329,094  
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:

                   

Net change in unrealized appreciation (depreciation) of futures contracts

   $ (20,739   $      $      $      $      $      $ (20,739
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     (20,739   $     —      $     —      $     —      $     —      $     —      $     (20,739
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

For the period ended June 30, 2019, 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

     142  

 

 

  137  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

Capital Appreciation HLS Fund

The Effect of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2019:

 

     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)

   $      $      $      $ 598,003      $      $      $ 598,003  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $      $      $      $     598,003      $      $      $     598,003  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Liabilities:

 

Unrealized depreciation on foreign currency contracts

   $      $ 68,612      $      $      $      $      $ 68,612  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     —      $     68,612      $     —      $     —      $     —      $     —      $ 68,612  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

  (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 Statement of Assets and Liabilities.

The Effect of Derivative Instruments on the Statement of Operations for the period ended June 30, 2019:

 

     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

   $      $     $      $ 7,211,631      $      $      $ 7,211,631  

Net realized gain (loss) on foreign currency contracts

            (125,468                                 (125,468
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $      $     (125,468   $     —      $     7,211,631      $     —      $     —      $     7,086,163  
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:

                   

Net change in unrealized appreciation (depreciation) of futures contracts

   $      $     $      $ 3,254,929      $      $      $ 3,254,929  

Net change in unrealized appreciation (depreciation) of foreign currency contracts

            276,970                                   276,970  
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     —      $ 276,970     $      $ 3,254,929      $      $      $ 3,531,899  
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

For the period ended June 30, 2019, 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

     422  

Foreign Currency Contracts Purchased at Contract Amount

   $ 1,356,559  

Foreign Currency Contracts Sold at Contract Amount

   $     15,968,885  

High Yield HLS Fund

The Effect of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2019:

 

     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

   $     —      $     11,380      $     —      $     —      $     —      $     —      $     11,380  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $      $ 11,380      $      $      $      $      $ 11,380  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

 

  138  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

High Yield HLS Fund – (continued)

 

The Effect of Derivative Instruments on the Statement of Operations for the period ended June 30, 2019:

 

     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

   $      $ 97,807     $      $      $      $      $ 97,807  
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $      $     97,807     $      $      $      $      $     97,807  
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:

                   

Net change in unrealized appreciation (depreciation) of foreign currency contracts

   $     —      $     (4,470   $     —      $     —      $     —      $     —      $ (4,470
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $      $ (4,470   $      $      $      $      $ (4,470
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

For the period ended June 30, 2019, 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

   $ 672,136  

Foreign Currency Contracts Sold at Contract Amount

   $     4,394,488  

International Opportunities HLS Fund

The Effect of Derivative Instruments on the Statement of Operations for the period ended June 30, 2019:

 

     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

   $      $ (16,254   $      $      $      $      $ (16,254
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     —      $     (16,254   $     —      $     —      $     —      $     —      $     (16,254
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

For the period ended June 30, 2019, 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 Sold at Contract Amount

   $     730,498  

 

 

  139  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

Total Return Bond HLS Fund

The Effect of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2019:

 

     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

   $ 5,523,557      $      $      $      $      $      $ 5,523,557  

Unrealized appreciation on futures contracts(1)

     4,187,955                                           4,187,955  

Unrealized appreciation on foreign currency contracts

            166,657                                    166,657  

Unrealized appreciation on swap contracts(2)

     330,643               1,695,071                             2,025,714  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 10,042,155      $     166,657      $ 1,695,071      $      $      $      $ 11,903,883  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Liabilities:

 

Unrealized depreciation on futures contracts(1)

   $ 2,562,815      $      $      $      $      $      $ 2,562,815  

Unrealized depreciation on foreign currency contracts

            28,401                                    28,401  

Written options, market value

     10,500                                           10,500  

Unrealized depreciation on swap contracts(2)

     7,488,457               2,480,173                             9,968,630  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     10,061,772      $ 28,401      $     2,480,173      $     —      $     —      $     —      $     12,570,346  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

  (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 Statement 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.

The Effect of Derivative Instruments on the Statement of Operations for the period ended June 30, 2019:

 

     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

   $ (962,631   $      $      $      $      $      $ (962,631

Net realized gain (loss) on futures contracts

         14,392,919                                              14,392,919  

Net realized gain (loss) on written options contracts

     (117,136                                        (117,136

Net realized gain (loss) on swap contracts

     (5,852,973            7,702                             (5,845,271

Net realized gain (loss) on foreign currency contracts

           742,540                                    742,540  
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 7,460,179     $     742,540      $ 7,702      $     —      $     —      $     —      $ 8,210,421  
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

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

   $ 487,693     $      $      $      $      $      $ 487,693  

Net change in unrealized appreciation (depreciation) of futures contracts

     (4,485,155                                        (4,485,155

Net change in unrealized appreciation (depreciation) of written options contracts

     219,260                                          219,260  

Net change in unrealized appreciation (depreciation) of swap contracts

     (6,208,691            3,456,429                             (2,752,262

Net change in unrealized appreciation (depreciation) of foreign currency contracts

           57,007                                    57,007  
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ (9,986,893   $ 57,007      $     3,456,429      $      $      $      $ (6,473,457
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

For the period ended June 30, 2019, 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

     135,881,000  

Futures Contracts Long at Number of Contracts

     3,661  

Futures Contracts Short at Number of Contracts

     (1,041

Written Options Contracts at Number of Contracts

         (157,710,006

Swap Contracts at Notional Amount

   $ 325,885,035  

Foreign Currency Contracts Purchased at Contract Amount

   $ 3,796,793  

Foreign Currency Contracts Sold at Contract Amount

   $ 20,534,383  

 

 

  140  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

U.S. Government Securities HLS Fund

The Effect of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2019:

 

     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)

   $ 1,389,631      $      $      $      $      $      $ 1,389,631  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 1,389,631      $      $      $      $      $      $ 1,389,631  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Liabilities:

 

Unrealized depreciation on futures contracts(1)

   $ 12,773      $      $      $      $      $      $ 12,773  

Unrealized depreciation on swap contracts(2)

     1,876,010                                           1,876,010  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     1,888,783      $     —      $     —      $     —      $     —      $     —      $     1,888,783  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

  (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 Statement 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.

The Effect of Derivative Instruments on the Statement of Operations for the period ended June 30, 2019:

 

     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

   $ 4,158,692     $      $      $      $      $      $ 4,158,692  

Net realized gain (loss) on swap contracts

     (449,849                                        (449,849
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 3,708,843     $      $      $      $      $      $ 3,708,843  
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:

                   

Net change in unrealized appreciation (depreciation) of futures contracts

   $ (255,184   $      $      $      $      $      $ (255,184

Net change in unrealized appreciation (depreciation) of swap contracts

     (1,529,978                                        (1,529,978
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     (1,785,162   $     —      $     —      $     —      $     —      $     —      $     (1,785,162
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

For the period ended June 30, 2019, 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

     970  

Futures Contracts Short at Number of Contracts

     (41

Swap Contracts at Notional Amount

   $     38,679,167  

 

  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 a 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.

 

 

  141  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

The following tables present a Fund’s 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 a Fund as of June 30, 2019:

Balanced HLS Fund

 

Derivative Financial Instruments:

   Assets     Liabilities  

Futures contracts

   $ 157,376     $  
  

 

 

   

 

 

 

Total gross amount of derivative assets and liabilities in the Statement of Assets and Liabilities

     157,376        
  

 

 

   

 

 

 

Derivatives not subject to a MNA

         (157,376         —  
  

 

 

   

 

 

 

Total gross amount of assets and liabilities subject to MNA or similar agreements

   $     $  
  

 

 

   

 

 

 

Capital Appreciation HLS Fund

 

Derivative Financial Instruments:

   Assets     Liabilities  

Foreign currency contracts

   $     $ (68,612

Futures contracts

     598,003        
  

 

 

   

 

 

 

Total gross amount of derivative assets and liabilities in the Statement of Assets and Liabilities

     598,003       (68,612
  

 

 

   

 

 

 

Derivatives not subject to a MNA

         (598,003      
  

 

 

   

 

 

 

Total gross amount of assets and liabilities subject to MNA or similar agreements

   $     $     (68,612
  

 

 

   

 

 

 

 

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

   $ (20,321   $      $      $      $ (20,321

JP Morgan Chase & Co.

     (48,291                          (48,291
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $     (68,612   $     —      $     —      $     —      $     (68,612
  

 

 

   

 

 

    

 

 

    

 

 

    

 

 

 

 

  *

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

   $ 11,380      $  
  

 

 

    

 

 

 

Total gross amount of derivative assets and liabilities in the Statement of Assets and Liabilities

     11,380         
  

 

 

    

 

 

 

Derivatives not subject to a MNA

             
  

 

 

    

 

 

 

Total gross amount of assets and liabilities subject to MNA or similar agreements

   $     11,380      $     —  
  

 

 

    

 

 

 

 

Counterparty

   Gross Amount
of Assets
     Financial
Instruments
and Derivatives
Available
for Offset
     Non-cash
Collateral
Received*
     Cash
Collateral
Received*
     Net Amount
of Assets
 

Goldman Sachs & Co.

   $     11,380      $     —      $     —      $     —      $     11,380  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

  *

In some instances, the actual collateral received and/or pledged may be more than the amount shown.

Total Return Bond HLS Fund

 

Derivative Financial Instruments:

   Assets     Liabilities  

Foreign currency contracts

   $ 166,657     $ (28,401

Futures contracts

     4,187,955       (2,562,815

Purchased options

     5,523,557        

Swap contracts

     2,025,714       (9,968,630

Written options

           (10,500
  

 

 

   

 

 

 

Total gross amount of derivative assets and liabilities in the Statement of Assets and Liabilities

         11,903,883           (12,570,346
  

 

 

   

 

 

 

Derivatives not subject to a MNA

     (4,270,195     10,271,666  
  

 

 

   

 

 

 

Total gross amount of assets and liabilities subject to MNA or similar agreements

   $ 7,633,688     $ (2,298,680
  

 

 

   

 

 

 

 

 

  142  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

Total Return Bond HLS Fund – (continued)

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

   $ 1,352,169     $     $      $     $ 1,352,169  

Barclays

     1,866,900       (89,709                  1,777,191  

BNP Paribas Securities Services

     2,531       (2,531                   

Citibank NA

     704,288                          704,288  

Credit Suisse International

     340,471       (340,471                   

Deutsche Bank Securities, Inc.

     161,464                          161,464  

Goldman Sachs & Co.

     512,917       (512,917                   

JP Morgan Chase & Co.

     1,600,200       (69,017            (120,000     1,411,183  

Morgan Stanley

     1,092,748       (232,135                  860,613  
  

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

Total

   $     7,633,688     $     (1,246,780   $     —      $     (120,000   $     6,266,908  
  

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

Counterparty

   Gross Amount
of Liabilities
    Financial
Instruments
and Derivatives
Available
for Offset
    Non-cash
Collateral
Pledged*
     Cash
Collateral
Pledged*
    Net Amount
of Liabilities
 

Bank of Montreal

   $ (326   $     $      $     $ (326

Barclays

     (89,709     89,709                     

BNP Paribas Securities Services

     (25,189     2,531                    (22,658

Canadian Imperial Bank of Commerce

     (2,839                        (2,839

Credit Suisse International

     (1,205,515     340,471                    (865,044

Goldman Sachs & Co.

     (673,950     512,917       161,033               

JP Morgan Chase & Co.

     (69,017     69,017                     

Morgan Stanley

     (232,135     232,135                     
  

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

Total

   $     (2,298,680   $     1,246,780     $     161,033      $     —     $     (890,867
  

 

 

   

 

 

   

 

 

    

 

 

   

 

 

 

 

  *

In some instances, the actual collateral received and/or pledged may be more than the amount shown.

U.S. Government Securities HLS Fund

 

Derivative Financial Instruments:

   Assets     Liabilities  

Futures contracts

   $ 1,389,631     $ (12,773

Swap contracts

           (1,876,010
  

 

 

   

 

 

 

Total gross amount of derivative assets and liabilities in the Statement of Assets and Liabilities

     1,389,631           (1,888,783
  

 

 

   

 

 

 

Derivatives not subject to a MNA

         (1,389,631     1,888,783  
  

 

 

   

 

 

 

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

 

 

  143  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

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 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, 2019. 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)

Tax Basis of Investments – The aggregate cost of investments for federal income tax purposes at June 30, 2019 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

   $     1,688,626,789      $     410,344,708      $ (38,817,773   $     371,526,935  

Capital Appreciation HLS Fund

     3,931,518,086        687,301,674            (170,281,987     517,019,687  

Disciplined Equity HLS Fund

     450,323,221        188,508,803        (7,296,795     181,212,008  

Dividend and Growth HLS Fund

     2,319,239,519        940,093,383        (50,542,651     889,550,732  

Global Growth HLS Fund

     385,023,670        135,933,424        (5,833,090     130,100,334  

Growth Opportunities HLS Fund

     1,366,016,787        322,545,476        (38,146,306     284,399,170  

Healthcare HLS Fund

     204,194,584        48,815,466        (16,957,433     31,858,033  

High Yield HLS Fund

     257,779,633        7,529,671        (8,417,749     (888,078

International Opportunities HLS Fund

     1,138,028,145        128,508,547        (29,848,281     98,660,266  

MidCap HLS Fund

     1,624,960,844        629,507,140        (68,908,996     560,598,144  

MidCap Growth HLS Fund

     84,200,258        12,622,727        (1,108,297     11,514,430  

MidCap Value HLS Fund

     277,903,511        44,350,363        (11,031,559     33,318,804  

Small Cap Growth HLS Fund

     1,217,260,529        239,406,460        (88,803,368     150,603,092  

Small Company HLS Fund

     563,532,015        107,979,888        (27,152,443     80,827,445  

Stock HLS Fund

     1,066,373,890        428,744,802        (8,139,965     420,604,837  

Total Return Bond HLS Fund

     2,636,144,341        77,462,191        (34,333,113     43,129,078  

Ultrashort Bond HLS Fund

     500,061,117        1,648,265        (117,391     1,530,874  

U.S. Government Securities HLS Fund

     375,670,438        6,225,775        (3,521,010     2,704,765  

Value HLS Fund

     354,468,870        98,503,312        (10,251,425     88,251,887  

 

  c)

Capital Loss Carryforward – At December 31, 2018 (tax year end), each Fund’s capital loss carryforwards for U.S. federal income tax purposes were as follows:

 

Fund

   Short-Term
Capital Loss
Carryforward
with No Expiration
     Long-Term
Capital Loss
Carryforward
with No Expiration
 

High Yield HLS Fund

   $ 1,788,416      $     11,244,839  

Total Return Bond HLS Fund

         18,083,082        21,816,018  

Ultrashort Bond HLS Fund

     366,065        483,931  

U.S. Government Securities HLS Fund

     3,622,450        28,571,385  

 

 

  144  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

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 Growth HLS Fund, MidCap Value HLS Fund, Small Cap Growth HLS Fund, Small Company HLS Fund, Stock HLS Fund and Value HLS Fund had no capital loss carryforwards for U.S. federal income tax purposes as of December 31, 2018.

During the fiscal year ended December 31, 2018, the High Yield HLS Fund utilized $2,476,286 of prior year capital loss carryforwards.

During the year ended December 31, 2018, U.S. Government Securities HLS Fund had expired $58,149,395 of prior year capital loss carryforwards.

 

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, 2019; 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

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

 

 

  145  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

Fund

  

Management Fee Rates

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 Growth 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

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

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

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

 

 

  146  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

Fund

  

Management Fee Rates

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

 

  *

HFMC contractually agreed to waive investment management fees of 0.03% and 0.04% of average daily net assets until April 30, 2020, for the Balanced HLS Fund and MidCap Value HLS Fund, respectively.

 

  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.

 

Balanced HLS Fund, Capital Appreciation HLS Fund, Growth Opportunities HLS Fund, Small Cap Growth HLS Fund,

Small Company HLS Fund and Total Return Bond HLS Fund

 
Average Daily Net Assets    Annual Fees  

First $3.5 billion and;

     0.018%  

Next $3.5 billion and

     0.014%  

Amount over $7 billion

     0.010%  
 
Disciplined Equity HLS Fund, Dividend and Growth HLS Fund, Global Growth HLS Fund, Healthcare HLS Fund, High Yield HLS Fund,
International Opportunities HLS Fund, MidCap HLS Fund, MidCap Growth HLS Fund, MidCap Value HLS Fund, Stock HLS Fund,
U.S. Government Securities HLS Fund, Ultrashort Bond HLS Fund and Value HLS Fund
 
Average Daily Net Assets    Annual Fees  

First $3.5 billion and;

     0.014%  

Next $3.5 billion and

     0.012%  

Amount over $7 billion

     0.010%  

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 each 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 six-month period ended June 30, 2019, these amounts, if any, are included in the Statements of Operations.

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     N/A  

Capital Appreciation HLS Fund

     0.68     0.93     1.18

Disciplined Equity HLS Fund

     0.78     1.03     N/A  

Dividend and Growth HLS Fund

     0.68     0.93     N/A  

Global Growth HLS Fund

     0.81     1.06     N/A  

Growth Opportunities HLS Fund

     0.65     0.90     1.15

Healthcare HLS Fund

     0.90     1.15     N/A  

High Yield HLS Fund

     0.78     1.03     N/A  

International Opportunities HLS Fund

     0.75     1.00     N/A  

MidCap HLS Fund

     0.70     0.95     N/A  

MidCap Growth HLS Fund

     0.92     1.17     N/A  

MidCap Value HLS Fund

     0.82     1.07     N/A  

Small Cap Growth HLS Fund

     0.64     0.89     N/A  

Small Company HLS Fund

     0.79     1.04     N/A  

Stock HLS Fund

     0.52     0.77     N/A  

 

 

  147  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

Fund

   Class IA     Class IB     Class IC  

Total Return Bond HLS Fund

     0.51     0.76     N/A  

Ultrashort Bond HLS Fund

     0.45     0.70     N/A  

U.S. Government Securities HLS Fund

     0.53     0.78     N/A  

Value HLS Fund

     0.72     0.97     N/A  

 

  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, 2019, 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 Statements of Operations, is outlined in the table below.

 

Fund

   CCO Compensation
Paid by Fund
 

Balanced HLS Fund

   $     1,209  

Capital Appreciation HLS Fund

     2,577  

Disciplined Equity HLS Fund

     364  

Dividend and Growth HLS Fund

     1,865  

Global Growth HLS Fund

     290  

Growth Opportunities HLS Fund

     882  

Healthcare HLS Fund

     183  

High Yield HLS Fund

     152  

International Opportunities HLS Fund

     728  

MidCap HLS Fund

     1,244  

MidCap Growth HLS Fund

     51  

MidCap Value HLS Fund

     188  

Small Cap Growth HLS Fund

     754  

Small Company HLS Fund

     349  

Stock HLS Fund

     818  

Total Return Bond HLS Fund

         1,219  

Ultrashort Bond HLS Fund

     279  

U.S. Government Securities HLS Fund

     199  

Value HLS Fund

     264  

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.

 

 

  148  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

For the six-month period ended June 30, 2019, the effective rate of compensation paid to HASCO for transfer agency services 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 %*      N/A  

Capital Appreciation HLS Fund

     0.00 %*      0.00 %*      0.00 %* 

Disciplined Equity HLS Fund

     0.00 %*      0.00 %*      N/A  

Dividend and Growth HLS Fund

     0.00 %*      0.00 %*      N/A  

Global Growth HLS Fund

     0.00 %*      0.00 %*      N/A  

Growth Opportunities HLS Fund

     0.00 %*      0.00 %*      0.00 %* 

Healthcare HLS Fund

     0.00 %*      0.00 %*      N/A  

High Yield HLS Fund

     0.00 %*      0.00 %*      N/A  

International Opportunities HLS Fund

     0.00 %*      0.00 %*      N/A  

MidCap HLS Fund

     0.00 %*      0.00 %*      N/A  

MidCap Growth HLS Fund

     0.01     0.01     N/A  

MidCap Value HLS Fund

     0.00 %*      0.00 %*      N/A  

Small Cap Growth HLS Fund

     0.00 %*      0.00 %*      N/A  

Small Company HLS Fund

     0.00 %*      0.00 %*      N/A  

Stock HLS Fund

     0.00 %*      0.00 %*      N/A  

Total Return Bond HLS Fund

     0.00 %*      0.00 %*      N/A  

Ultrashort Bond HLS Fund

     0.00 %*      0.00 %*      N/A  

U.S. Government Securities HLS Fund

     0.00 %*      0.00 %*      N/A  

Value HLS Fund

     0.00 %*      0.00 %*      N/A  

 

  *

Percentage rounds to zero

 

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, 2019, the following Funds had securities on loan at market value, cash collateral and non-cash collateral as follows:

 

Fund

   Market Value of
Securities on Loan(1)
     Cash
Collateral
     Non-Cash
Collateral(2)(3)
 

Balanced HLS Fund

   $ 2,648,283      $ 2,717,933      $  

Capital Appreciation HLS Fund

     30,681,843        193,052            31,120,556  

Growth Opportunities HLS Fund

     2,448,575               2,498,465  

Healthcare HLS Fund

     5,718,464        4,384,507        1,400,496  

International Opportunities HLS Fund

     3,616,026        53,700        3,765,094  

MidCap HLS Fund

         22,843,043            12,096,494        10,908,546  

MidCap Value HLS Fund

     4,389,041        4,480,145         

Small Cap Growth HLS Fund

     54,284,551        46,834,797        7,817,109  

Small Company HLS Fund

     5,587,811        3,997,475        1,646,401  

Total Return Bond HLS Fund

     8,562,645        8,836,644         

Ultrashort Bond HLS Fund

     5,723,970        5,844,958         

Value HLS Fund

     3,378,509        3,905,544         

 

  (1) 

It is each Fund’s policy to obtain additional collateral from, or return excess collateral to, the borrower by the end of the next business day following the valuation date of the securities loaned. Therefore, the value of the collateral held may be temporarily less than that required under the lending contract.

  (2) 

These securities are held for the benefit of the Fund at the Fund’s custodian. The Fund cannot repledge or resell this collateral. As such, collateral is excluded from the Statement of Assets and Liabilities.

  (3) 

U.S. Government securities.

 

 

  149  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

 

9.

Secured Borrowings:

The following tables reflect 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, 2019.

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  
Balanced HLS Fund                                   

Securities Lending Transactions(1)

 

Corporate Bonds

   $ 451,673      $      $      $      $ 451,673  

Municipal Bonds

     2,266,260                             2,266,260  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $     2,717,933      $     —      $     —      $     —      $     2,717,933  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 2,717,933  
              

 

 

 
Capital Appreciation HLS Fund                                   

Securities Lending Transactions(1)

 

Common Stocks

   $ 193,052      $      $      $      $ 193,052  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 193,052      $      $      $      $ 193,052  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 193,052  
  

 

 

 
Healthcare HLS Fund                                   

Securities Lending Transactions(1)

 

Common Stocks

   $ 4,384,507      $      $      $      $ 4,384,507  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $     4,384,507      $     —      $     —      $     —      $     4,384,507  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 4,384,507  
              

 

 

 
International Opportunities HLS Fund                                   

Securities Lending Transactions(1)

 

Common Stocks

   $ 53,700      $      $      $      $ 53,700  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 53,700      $      $      $      $ 53,700  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 53,700  
              

 

 

 
MidCap HLS Fund                                   

Securities Lending Transactions(1)

 

Common Stocks

   $ 12,096,494      $      $      $      $ 12,096,494  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 12,096,494      $      $      $      $ 12,096,494  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 12,096,494  
              

 

 

 
MidCap Value HLS Fund                                   

Securities Lending Transactions(1)

 

Common Stocks

   $ 4,480,145      $      $      $      $ 4,480,145  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 4,480,145      $      $      $      $ 4,480,145  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 4,480,145  
              

 

 

 
Small Cap Growth HLS Fund                                   

Securities Lending Transactions(1)

 

Common Stocks

   $ 3,324,241      $      $      $      $ 3,324,241  

Exchange-Traded Funds

     43,510,556                             43,510,556  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $     46,834,797      $      $      $      $ 46,834,797  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $     46,834,797  
              

 

 

 
Small Company HLS Fund                                   

Securities Lending Transactions(1)

 

Common Stocks

   $ 3,997,475      $      $      $      $ 3,997,475  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 3,997,475      $      $      $      $ 3,997,475  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 3,997,475  
              

 

 

 

 

 

  150  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

     Overnight and
Continuous
     <30 days      Between
30 & 90 days
     >90 days      Total  
Total Return Bond HLS Fund                                   

Securities Lending Transactions(1)

 

Corporate Bonds

   $ 4,681,217      $      $      $      $ 4,681,217  

Municipal Bonds

     4,155,427                             4,155,427  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 8,836,644      $      $      $      $ 8,836,644  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 8,836,644  
              

 

 

 
Ultrashort Bond HLS Fund                                   

Securities Lending Transactions(1)

 

Corporate Bonds

   $ 765,184      $      $      $      $ 765,184  

U.S. Government Securities

     5,079,774                             5,079,774  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 5,844,958      $      $      $      $ 5,844,958  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 5,844,958  
              

 

 

 
Value HLS Fund                                   

Securities Lending Transactions(1)

 

Common Stocks

   $     3,905,544      $     —      $     —      $     —      $     3,905,544  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total Borrowings

   $ 3,905,544      $      $      $      $ 3,905,544  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Gross amount of recognized liabilities for securities lending transactions

 

   $ 3,905,544  
              

 

 

 

 

  (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.

 

10.

Investment Transactions:

For the six-month period ended June 30, 2019, 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
     Cost of Purchases
For U.S.
Government
Obligations
     Sales Proceeds
For U.S.
Government
Obligations
     Total Cost of
Purchases
     Total Sales
Proceeds
 

Balanced HLS Fund

   $ 287,690,007      $ 434,834,188      $     122,119,993      $ 75,571,128      $ 409,810,000      $ 510,405,316  

Capital Appreciation HLS Fund

         1,059,601,549            1,396,286,708                          1,059,601,549            1,396,286,708  

Disciplined Equity HLS Fund

     64,192,146        107,150,076                      64,192,146        107,150,076  

Dividend and Growth HLS Fund

     272,504,874        445,648,626                      272,504,874        445,648,626  

Global Growth HLS Fund

     130,882,762        162,059,351                      130,882,762        162,059,351  

Growth Opportunities HLS Fund

     430,161,084        562,175,406                      430,161,084        562,175,406  

Healthcare HLS Fund

     57,401,781        158,113,064                      57,401,781        158,113,064  

High Yield HLS Fund

     54,269,796        60,773,752                      54,269,796        60,773,752  

International Opportunities HLS Fund

     556,902,194        630,566,449                      556,902,194        630,566,449  

MidCap HLS Fund

     235,932,236        329,353,256                      235,932,236        329,353,256  

MidCap Growth HLS Fund

     19,419,743        20,523,619                      19,419,743        20,523,619  

MidCap Value HLS Fund

     91,502,159        112,473,105                      91,502,159        112,473,105  

Small Cap Growth HLS Fund

     251,499,747        311,179,875                      251,499,747        311,179,875  

Small Company HLS Fund

     201,378,413        234,169,404                      201,378,413        234,169,404  

Stock HLS Fund

     101,676,883        200,897,837                      101,676,883        200,897,837  

Total Return Bond HLS Fund

     735,817,418        478,766,897        345,606,389            231,888,499        1,081,423,807        710,655,396  

Ultrashort Bond HLS Fund

     106,565,472        105,078,731        60,709,684        26,697,265        167,275,156        131,775,996  

U.S. Government Securities HLS Fund

     19,991,504        18,391,974        87,592,847        103,614,568        107,584,351        122,006,542  

Value HLS Fund

     96,714,709        130,202,531                      96,714,709        130,202,531  

 

11.

Capital Share Transactions:

The following information is for the six-month period ended June 30, 2019, and the year ended December 31, 2018:

 

       For the Six-Month Period Ended
June 30, 2019
       For the Year Ended
December 31, 2018
 
       Shares        Amount        Shares        Amount  
Balanced HLS Fund                                    

Class IA

                   

Shares Sold

       187,835        $ 5,581,853          377,029        $ 11,576,568  

Shares Issued for Reinvested Dividends

                         4,232,006          123,979,008  

Shares Redeemed

       (4,327,926        (129,116,118        (9,617,908        (296,172,690
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (4,140,091            (123,534,265        (5,008,873            (160,617,114
    

 

 

      

 

 

      

 

 

      

 

 

 

 

 

  151  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

       For the Six-Month Period Ended
June 30, 2019
       For the Year Ended
December 31, 2018
 
       Shares        Amount        Shares        Amount  
Balanced HLS Fund – (continued)  

Class IB

                   

Shares Sold

       21,665        $ 659,156          194,734        $ 6,046,489  

Shares Issued for Reinvested Dividends

                         526,962          15,722,695  

Shares Redeemed

       (603,675        (18,261,230        (1,312,276        (40,893,966
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (582,010        (17,602,074        (590,580        (19,124,782
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (4,722,101      $     (141,136,339        (5,599,453      $     (179,741,896
    

 

 

      

 

 

      

 

 

      

 

 

 
Capital Appreciation HLS Fund                                    

Class IA

                   

Shares Sold

       220,164        $ 9,680,296          711,578        $ 32,492,124  

Shares Issued for Reinvested Dividends

                         10,121,562          454,718,791  

Shares Redeemed

       (8,209,240        (375,122,779        (14,565,754        (701,373,697
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (7,989,076        (365,442,483        (3,732,614        (214,162,782
    

 

 

      

 

 

      

 

 

      

 

 

 

Class IB

                   

Shares Sold

       41,986        $ 1,893,005          110,197        $ 5,115,632  

Shares Issued for Reinvested Dividends

                         1,249,788          55,433,182  

Shares Redeemed

       (1,026,054        (46,221,893        (2,349,094        (111,859,162
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (984,068        (44,328,888        (989,109        (51,310,348
    

 

 

      

 

 

      

 

 

      

 

 

 

Class IC

                   

Shares Sold

       46,914        $ 2,149,839          79,629        $ 3,804,757  

Shares Issued for Reinvested Dividends

                         74,019          3,306,482  

Shares Redeemed

       (49,319        (2,216,823        (81,252        (3,859,522
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (2,405        (66,984        72,396          3,251,717  
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (8,975,549      $     (409,838,355        (4,649,327      $     (262,221,413
    

 

 

      

 

 

      

 

 

      

 

 

 
Disciplined Equity HLS Fund                                    

Class IA

                   

Shares Sold

       471,312        $ 6,771,439          418,081        $ 6,351,289  

Shares Issued for Reinvested Dividends

                         3,963,155          59,926,121  

Shares Redeemed

       (3,253,981        (50,144,245        (7,184,640        (112,570,690
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (2,782,669        (43,372,806        (2,803,404        (46,293,280
    

 

 

      

 

 

      

 

 

      

 

 

 

Class IB

                   

Shares Sold

       96,896        $ 1,410,089          125,940        $ 1,915,988  

Shares Issued for Reinvested Dividends

                         541,890          8,120,313  

Shares Redeemed

       (416,928        (6,328,264        (1,097,934        (16,926,882
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (320,032        (4,918,175        (430,104        (6,890,581
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (3,102,701      $ (48,290,981        (3,233,508      $ (53,183,861
    

 

 

      

 

 

      

 

 

      

 

 

 
Dividend and Growth HLS Fund  

Class IA

                   

Shares Sold

       1,306,190        $ 28,341,740          2,238,948        $ 51,960,388  

Shares Issued for Reinvested Dividends

                         16,643,249          367,065,830  

Shares Redeemed

       (9,244,398        (203,880,951        (20,816,118            (488,971,318
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (7,938,208        (175,539,211        (1,933,921        (69,945,100
    

 

 

      

 

 

      

 

 

      

 

 

 

Class IB

                   

Shares Sold

       117,527        $ 2,551,399          410,222        $ 9,509,461  

Shares Issued for Reinvested Dividends

                         2,277,912          50,078,265  

Shares Redeemed

       (1,457,770        (32,031,839        (3,148,825        (72,751,751
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (1,340,243        (29,480,440        (460,691        (13,164,025
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (9,278,451      $     (205,019,651        (2,394,612      $ (83,109,125
    

 

 

      

 

 

      

 

 

      

 

 

 
Global Growth HLS Fund  

Class IA

                   

Shares Sold

       256,590        $ 7,027,643          1,078,775        $ 31,212,233  

Shares Issued for Reinvested Dividends

                         1,375,789          38,893,548  

Shares Redeemed

       (1,163,863        (32,910,873        (2,645,726            (75,484,691
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (907,273        (25,883,230        (191,162        (5,378,910
    

 

 

      

 

 

      

 

 

      

 

 

 

 

 

  152  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

       For the Six-Month Period Ended
June 30, 2019
       For the Year Ended
December 31, 2018
 
       Shares        Amount        Shares        Amount  
Global Growth HLS Fund – (continued)  

Class IB

                   

Shares Sold

       50,108        $ 1,354,381          195,826        $ 5,672,825  

Shares Issued for Reinvested Dividends

                         261,598          7,324,732  

Shares Redeemed

       (246,649        (6,899,599        (574,093        (16,275,227
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (196,541        (5,545,218        (116,669        (3,277,670
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (1,103,814      $     (31,428,448        (307,831      $ (8,656,580
    

 

 

      

 

 

      

 

 

      

 

 

 
Growth Opportunities HLS Fund  

Class IA

                   

Shares Sold

       539,795        $ 21,140,170          880,238        $ 34,499,287  

Shares Issued for Reinvested Dividends

                         4,558,515          183,161,141  

Shares Redeemed

       (2,478,714            (100,458,098            (4,784,503            (194,145,164
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (1,938,919        (79,317,928        654,250          23,515,264  
    

 

 

      

 

 

      

 

 

      

 

 

 

Class IB

                   

Shares Sold

       101,163        $ 3,830,718          247,857        $ 9,559,584  

Shares Issued for Reinvested Dividends

                         558,990          21,414,890  

Shares Redeemed

       (324,955        (12,549,574        (728,619        (28,067,244
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (223,792        (8,718,856        78,228          2,907,230  
    

 

 

      

 

 

      

 

 

      

 

 

 

Class IC

                   

Shares Sold

       114,749        $ 4,649,561          153,006        $ 6,010,543  

Shares Issued for Reinvested Dividends

                         133,407          5,228,239  

Shares Redeemed

       (37,323        (1,476,983        (84,803        (3,367,405
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       77,426          3,172,578          201,610          7,871,377  
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (2,085,285      $ (84,864,206        934,088        $ 34,293,871  
    

 

 

      

 

 

      

 

 

      

 

 

 
Healthcare HLS Fund  

Class IA

                   

Shares Sold

       351,218        $ 7,925,187          1,245,774        $ 29,306,376  

Shares Issued for Reinvested Dividends

                         745,725          17,636,397  

Shares Redeemed

       (4,565,552        (106,516,760        (2,811,944        (65,218,731
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (4,214,334        (98,591,573        (820,445        (18,275,958
    

 

 

      

 

 

      

 

 

      

 

 

 

Class IB

                   

Shares Sold

       26,636        $ 571,110          88,489        $ 1,970,210  

Shares Issued for Reinvested Dividends

                         121,767          2,726,361  

Shares Redeemed

       (146,431        (3,142,174        (427,867        (9,515,201
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (119,795        (2,571,064        (217,611        (4,818,630
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (4,334,129      $     (101,162,637        (1,038,056      $     (23,094,588
    

 

 

      

 

 

      

 

 

      

 

 

 
High Yield HLS Fund  

Class IA

                   

Shares Sold

       565,649        $ 4,500,747          1,286,518        $ 10,403,608  

Shares Issued for Reinvested Dividends

                         1,614,321          12,607,847  

Shares Redeemed

       (2,211,869            (17,547,243        (5,381,959        (43,050,250
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (1,646,220        (13,046,496        (2,481,120        (20,038,795
    

 

 

      

 

 

      

 

 

      

 

 

 

Class IB

                   

Shares Sold

       149,701        $ 1,168,415          383,944        $ 3,004,028  

Shares Issued for Reinvested Dividends

                         491,610          3,775,566  

Shares Redeemed

       (727,841        (5,685,506            (1,712,158        (13,431,228
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (578,140        (4,517,091        (836,604        (6,651,634
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (2,224,360      $ (17,563,587        (3,317,724      $     (26,690,429
    

 

 

      

 

 

      

 

 

      

 

 

 
International Opportunities HLS Fund  

Class IA

                   

Shares Sold

       1,412,974        $ 21,847,895          7,906,986        $ 133,045,266  

Shares Issued for Reinvested Dividends

                         1,511,466          24,591,559  

Shares Redeemed

       (6,873,227        (106,997,978        (18,708,966        (314,533,972
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (5,460,253        (85,150,083        (9,290,514        (156,897,147
    

 

 

      

 

 

      

 

 

      

 

 

 

 

 

  153  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

       For the Six-Month Period Ended
June 30, 2019
       For the Year Ended
December 31, 2018
 
       Shares        Amount        Shares        Amount  
International Opportunities HLS Fund – (continued)  

Class IB

                   

Shares Sold

       249,636        $ 3,858,644          682,479        $ 11,438,242  

Shares Issued for Reinvested Dividends

                         145,186          2,394,120  

Shares Redeemed

       (730,620        (11,607,639        (1,453,082        (24,718,563
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (480,984        (7,748,995        (625,417        (10,886,201
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (5,941,237      $ (92,899,078        (9,915,931      $ (167,783,348
    

 

 

      

 

 

      

 

 

      

 

 

 
MidCap HLS Fund  

Class IA

                   

Shares Sold

       1,607,441        $ 63,634,962          6,486,190        $ 264,741,334  

Shares Issued for Reinvested Dividends

                         5,086,106          206,009,765  

Shares Redeemed

       (4,094,522        (162,385,617        (12,978,019        (515,877,276
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (2,487,081        (98,750,655        (1,405,723        (45,126,177
    

 

 

      

 

 

      

 

 

      

 

 

 

Class IB

                   

Shares Sold

       48,080        $ 1,871,509          85,061        $ 3,436,405  

Shares Issued for Reinvested Dividends

                         138,789          5,470,747  

Shares Redeemed

       (118,479        (4,615,118        (319,892        (12,588,252
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (70,399        (2,743,609        (96,042        (3,681,100
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (2,557,480      $     (101,494,264        (1,501,765      $     (48,807,277
    

 

 

      

 

 

      

 

 

      

 

 

 
MidCap Growth HLS Fund                                    

Class IA

                   

Shares Sold

       527,091        $ 4,405,777          443,078        $ 3,855,962  

Shares Issued for Reinvested Dividends

                         907,298          7,929,782  

Shares Redeemed

       (693,278        (5,874,253        (1,874,449        (16,135,241
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (166,187        (1,468,476        (524,073        (4,349,497
    

 

 

      

 

 

      

 

 

      

 

 

 

Class IB

                   

Shares Sold

       190,458        $ 1,623,287          103,365        $ 916,628  

Shares Issued for Reinvested Dividends

                         158,237          1,375,082  

Shares Redeemed

       (189,338        (1,584,090        (362,990        (3,129,051
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       1,120          39,197          (101,388        (837,341
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (165,067      $ (1,429,279        (625,461      $ (5,186,838
    

 

 

      

 

 

      

 

 

      

 

 

 
MidCap Value HLS Fund                                    

Class IA

                   

Shares Sold

       186,212        $ 2,086,963          363,704        $ 4,488,869  

Shares Issued for Reinvested Dividends

                         1,760,255          20,921,640  

Shares Redeemed

       (1,810,404        (20,476,890        (3,101,516        (37,927,053
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (1,624,192        (18,389,927        (977,557        (12,516,544
    

 

 

      

 

 

      

 

 

      

 

 

 

Class IB

                   

Shares Sold

       52,371        $ 587,841          55,809        $ 678,984  

Shares Issued for Reinvested Dividends

                         497,931          5,918,091  

Shares Redeemed

       (492,931        (5,525,296        (961,412        (11,563,113
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (440,560        (4,937,455        (407,672        (4,966,038
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (2,064,752      $ (23,327,382        (1,385,229      $ (17,482,582
    

 

 

      

 

 

      

 

 

      

 

 

 
Small Cap Growth HLS Fund                                    

Class IA

                   

Shares Sold

       2,113,470        $ 66,615,586          4,222,713        $ 140,276,410  

Shares Issued for Reinvested Dividends

                         1,485,036          51,501,062  

Shares Redeemed

       (3,555,641            (112,860,493        (5,574,766            (183,058,917
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (1,442,171        (46,244,907        132,983          8,718,555  
    

 

 

      

 

 

      

 

 

      

 

 

 

Class IB

                   

Shares Sold

       676,181        $ 20,726,957          1,901,268        $ 59,933,616  

Shares Issued for Reinvested Dividends

                         690,752          23,243,803  

Shares Redeemed

       (1,307,223        (40,420,949        (2,517,531        (81,490,053
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (631,042        (19,693,992        74,489          1,687,366  
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (2,073,213      $ (65,938,899        207,472        $ 10,405,921  
    

 

 

      

 

 

      

 

 

      

 

 

 

 

 

  154  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

       For the Six-Month Period Ended
June 30, 2019
       For the Year Ended
December 31, 2018
 
       Shares        Amount        Shares        Amount  
Small Company HLS Fund                                    

Class IA

                   

Shares Sold

       864,524        $ 19,156,119          2,279,458        $ 49,529,365  

Shares Issued for Reinvested Dividends

                         1,609,205          37,253,096  

Shares Redeemed

       (1,909,710        (42,493,701        (5,131,207        (111,785,237
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (1,045,186        (23,337,582        (1,242,544        (25,002,776
    

 

 

      

 

 

      

 

 

      

 

 

 

Class IB

                   

Shares Sold

       58,535        $ 1,192,283          282,487        $ 5,752,063  

Shares Issued for Reinvested Dividends

                         188,065          4,017,068  

Shares Redeemed

       (344,695        (6,922,309        (747,252        (14,895,365
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (286,160        (5,730,026        (276,700        (5,126,234
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (1,331,346      $ (29,067,608        (1,519,244      $ (30,129,010
    

 

 

      

 

 

      

 

 

      

 

 

 
Stock HLS Fund                                    

Class IA

                   

Shares Sold

       37,264        $ 3,300,751          72,515        $ 5,954,634  

Shares Issued for Reinvested Dividends

                         265,343          20,294,819  

Shares Redeemed

       (1,015,303        (89,150,120        (2,271,073        (186,699,226
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (978,039        (85,849,369        (1,933,215        (160,449,773
    

 

 

      

 

 

      

 

 

      

 

 

 

Class IB

                   

Shares Sold

       16,515        $ 1,476,145          25,748        $ 2,171,547  

Shares Issued for Reinvested Dividends

                         22,018          1,685,834  

Shares Redeemed

       (132,174        (11,609,325        (311,649        (25,637,685
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (115,659        (10,133,180        (263,883        (21,780,304
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (1,093,698      $     (95,982,549        (2,197,098      $     (182,230,077
    

 

 

      

 

 

      

 

 

      

 

 

 
Total Return Bond HLS Fund                                    

Class IA

                   

Shares Sold

       6,250,384        $ 69,679,214          8,943,428        $ 98,737,562  

Shares Issued for Reinvested Dividends

                         7,874,151          84,804,607  

Shares Redeemed

       (13,970,818            (154,085,454        (33,490,964        (367,229,305
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (7,720,434        (84,406,240        (16,673,385        (183,687,136
    

 

 

      

 

 

      

 

 

      

 

 

 

Class IB

                   

Shares Sold

       575,744        $ 6,381,101          737,317        $ 8,103,146  

Shares Issued for Reinvested Dividends

                         856,478          9,181,448  

Shares Redeemed

       (1,541,148        (16,937,398        (3,590,545        (39,142,701
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (965,404        (10,556,297        (1,996,750        (21,858,107
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (8,685,838      $ (94,962,537        (18,670,135      $ (205,545,243
    

 

 

      

 

 

      

 

 

      

 

 

 
Ultrashort Bond HLS Fund                                    

Class IA

                   

Shares Sold

       3,709,135        $ 37,875,282          5,794,419        $ 58,434,281  

Shares Issued for Reinvested Dividends

                         499,842          5,018,414  

Shares Redeemed

       (4,996,363        (50,858,976        (8,804,753        (88,776,912
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (1,287,228        (12,983,694        (2,510,492        (25,324,217
    

 

 

      

 

 

      

 

 

      

 

 

 

Class IB

                   

Shares Sold

       445,902        $ 4,542,626          1,496,586        $ 15,071,051  

Shares Issued for Reinvested Dividends

                         53,416          536,294  

Shares Redeemed

       (842,058        (8,562,855        (1,634,853        (16,463,268
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (396,156        (4,020,229        (84,851        (855,923
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (1,683,384      $ (17,003,923        (2,595,343      $ (26,180,140
    

 

 

      

 

 

      

 

 

      

 

 

 
U.S. Government Securities HLS Fund                                    

Class IA

                   

Shares Sold

       1,268,932        $ 12,950,838          1,738,359        $ 17,500,321  

Shares Issued for Reinvested Dividends

                         716,309          7,134,442  

Shares Redeemed

       (3,249,336        (33,050,447        (6,266,754        (63,056,532
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (1,980,404        (20,099,609        (3,812,086        (38,421,769
    

 

 

      

 

 

      

 

 

      

 

 

 

 

 

  155  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

 

       For the Six-Month Period Ended
June 30, 2019
       For the Year Ended
December 31, 2018
 
       Shares        Amount        Shares        Amount  
U.S. Government Securities HLS Fund – (continued)                                    

Class IB

                   

Shares Sold

       209,135        $ 2,125,399          390,678        $ 3,920,475  

Shares Issued for Reinvested Dividends

                         133,828          1,332,927  

Shares Redeemed

       (604,544        (6,142,294        (1,494,961        (14,988,690
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (395,409        (4,016,895        (970,455        (9,735,288
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (2,375,813      $ (24,116,504        (4,782,541      $ (48,157,057
    

 

 

      

 

 

      

 

 

      

 

 

 
Value HLS Fund                                    

Class IA

                   

Shares Sold

       408,518        $ 5,898,451          769,369        $ 11,763,745  

Shares Issued for Reinvested Dividends

                         3,182,011          45,728,961  

Shares Redeemed

       (2,711,059        (38,582,141        (4,476,365        (69,613,039
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (2,302,541        (32,683,690        (524,985        (12,120,333
    

 

 

      

 

 

      

 

 

      

 

 

 

Class IB

                   

Shares Sold

       32,766        $ 458,182          81,995        $ 1,246,473  

Shares Issued for Reinvested Dividends

                         515,685          7,417,890  

Shares Redeemed

       (447,028        (6,413,695        (771,648        (11,962,532
    

 

 

      

 

 

      

 

 

      

 

 

 

Net Increase (Decrease)

       (414,262        (5,955,513        (173,968        (3,298,169
    

 

 

      

 

 

      

 

 

      

 

 

 

Total Net Increase (Decrease)

       (2,716,803      $     (38,639,203        (698,953      $     (15,418,502
    

 

 

      

 

 

      

 

 

      

 

 

 

 

12.

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 $370 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 and as of the six-month period ended June 30, 2019, none of the Funds had borrowings under this facility.

 

13.

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.

 

14.

Recent Accounting Pronouncement:

The FASB issued ASU 2017-08 (the “ASU” or “Update”) to amend the amortization period to the earliest call date for purchased callable debt securities held at a premium. The ASU is effective for public entities for fiscal years beginning after December 15, 2018, and will become effective for private entities one year later. Upon initial adoption, the impacted funds adjusted the cost of their callable debt securities by the cumulative amount of amortization that would have been recognized had the amortization period initially extended only to the earliest call date, with a corresponding reclassification between interest income and net realized gain (loss) on investments or net unrealized appreciation (depreciation) of investments in the Statements of Operations. The adoption of this Update does not affect the impacted funds’ net asset values or the cumulative effect to the impacted funds resulting from the adoption of amending the amortization period to the earliest call date for callable debt securities is as follows:

 

     As of
January 1, 2019
    For the Six Months Ended June 30, 2019  

Fund

   Cost of
Investments
    Interest
Income
    Net Unrealized
Appreciation
(Depreciation) of
Investments
     Net Realized Gains
on Investments
(Loss)
 

Hartford Balanced HLS Fund

   $ (333   $ (122   $ 122      $  

Hartford High Yield HLS Fund

     264,164       59,252       5,227        (64,479

Hartford Total Return Bond HLS Fund

     (91,680     (53,512     2,562        50,950  

 

 

  156  

 


Hartford HLS Funds

Notes to Financial Statements – (continued)

June 30, 2019 (Unaudited)

 

 

In August 2018, the FASB issued Accounting Standards Update 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”). The update introduces new fair value disclosure requirements, eliminates some prior fair value disclosure requirements, and modifies certain existing fair value disclosure requirements.

ASU 2018-13 is effective for fiscal years beginning after December 15, 2019 and for interim periods within those fiscal years, however, an entity is permitted to early adopt either the entire standard or only the provisions that eliminate or modify requirements. Management has elected to early adopt the provisions of ASU 2018-13 that eliminate disclosure requirements effective with the current reporting period. The impact of each Fund’s early adoption of these provisions was limited to changes in the Fund’s financial statement disclosures regarding fair value, primarily those disclosures related to transfers between Level 1 and Level 2 of the fair value hierarchy and the timing of transfers between levels of the fair value hierarchy. Management is currently evaluating the potential impact of adopting the additional provisions of ASU 2018-13.

 

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, 2019, events and transactions subsequent to June 30, 2019, 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 have been identified.

Michael F. Garrett announced his plan to retire, and effective June 30, 2020, he will no longer serve as a portfolio manager for the U.S. Government Securities HLS Fund. Mr. Garrett’s portfolio management responsibilities will transition to Mr. Conroy in the months leading up to his departure.

HFMC agreed to extend the current contractual management fee waiver of 0.03% for the Balanced HLS Fund. This waiver will remain in effect until April 30, 2021 unless the Board of Directors of Hartford Series Fund, Inc. approves its earlier termination.

Effective January 1, 2020, HFMC agreed to waive 0.03% of the High Yield HLS Fund’s contractual management fee. This waiver will remain in effect until December 31, 2020 unless the Board of Directors of Hartford Series Fund, Inc. approves its earlier termination.

Effective January 1, 2020, the Disciplined Equity HLS Fund’s new investment management fee schedule will be as follows:

 

Average Net

Assets

   Annual Rate  

First $250 million

     0.7500

Next $250 million

     0.6500

Next $500 million

     0.6000

Next $4 billion

     0.5800

Next $5 billion

     0.5700

Over $10 billion

     0.5600

 

 

  157  

 


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 will file its complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. Each Fund’s Form N-PORT reports once filed will be available (1) without charge, upon request, by calling 888-843-7824 and (2) on the SEC’s website at http://www.sec.gov.

 

 

  158  

 


THIS PRIVACY POLICY IS NOT PART OF THIS REPORT

CUSTOMER PRIVACY NOTICE

The Hartford Financial Services Group, Inc. and its 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; and

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 2019), to the extent required by the Gramm-Leach-Bliley Act and implementing regulations.

1stAGChoice, Inc.; Access CoverageCorp, Inc.; Access CoverageCorp Technologies, Inc.; Business Management Group, Inc.; Cervus Claim Solutions, LLC; First State Insurance Company; 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 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 Investment Management Company; Hartford Life and Accident Insurance 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 Specialty Insurance Services of Texas, LLC; Hartford STAG Ventures LLC; Hartford Strategic Investments, LLC; Hartford Underwriters General Agency, Inc.; Hartford Underwriters Insurance 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.; 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.; Nutmeg Insurance Agency, Inc.; Nutmeg Insurance Company; Pacific Insurance Company, Limited; Property and Casualty Insurance Company of Hartford; Renato Acquisition Co.; Sentinel Insurance Company, Ltd; Trumbull Flood Management, L.L.C.; Trumbull Insurance Company; Twin City Fire Insurance Company; Y-Risk, LLC.

Revised March 2019


 

 

 

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.

HLSSAR19    8-19    212710    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 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 29, 2019    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 29, 2019    By:   /s/ James E. Davey
     James E. Davey
     President and Chief Executive Officer
Date: August 29, 2019    By:   /s/ Amy N. Furlong
     Amy N. Furlong
     Treasurer
     (Principal Financial Officer and Principal Accounting Officer)