THE HARTFORD MUTUAL FUNDS II, INC.

N-CSR 1 d807345dncsr.htm THE HARTFORD MUTUAL FUNDS II, INC. THE HARTFORD MUTUAL FUNDS II, 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: 811-00558

THE HARTFORD MUTUAL FUNDS II, 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)

Copy to:

John V. O’Hanlon, Esq.

Dechert LLP

One International Place, 40^th Floor

100 Oliver Street

Boston, MA 02110-2605

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

Date of fiscal year end: September 30

Date of reporting period: September 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, 450 Fifth Street, NW, Washington, DC 20549-0609. 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 Funds
Our benchmark is the investor*.
Hartford Multifactor Funds
Annual Report
September 30, 2019
Hartford Multifactor International Fund
Hartford Multifactor Large Cap Value 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 Fund 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, if you invest directly with a Fund, by calling 1-888-843-7824. Your election to receive reports in paper will apply to all Hartford Funds held in your account if you invest through your financial intermediary or directly with a Fund.
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 Fellow Shareholders:

Thank you for investing in Hartford Multifactor Mutual Funds. The following is the Funds’ Annual Report covering the fiscal period ended September 30, 2019.

Market Review

During the 12 months ended September 30, 2019, U.S. stocks, as measured by the S&P 500 Index (the “Index”),¹ gained 4.25%.

Political uncertainty remained a core driver of increased market volatility throughout the period. Escalating trade tensions between the U.S. and China, continued debate over how the UK will handle its departure from the European Union, and the September announcement of an impeachment inquiry against President Trump all weighed on markets.

Against this backdrop, however, July 1, 2019 marked a significant milestone: The U.S. entered the longest period of economic expansion on record, according to The National Bureau of Economic Research. Strong consumer spending in the U.S. has continued to buoy the domestic economy, helped by an unemployment rate that stayed at or below 4% throughout the 12-month period ended September 30, 2019.

However, signs of a slowing global economy prompted central banks around the world to shift to more accommodating monetary policy. The U.S. Federal Reserve cut interest rates in July and September 2019, to 1.75-2%, while the European Central Bank, which already had established negative interest rates, further cut its rate to -0.5% as of September 18, 2019.

Politics, both at home and abroad, are likely to continue to play a key role in market movements this year. For this reason, we encourage you to maintain a strong relationship with your financial advisor, who can help guide you through shifting markets confidently. He or she can help you proactively build a portfolio that takes market uncertainty into account, along with your unique investment goals and risk tolerances. Your 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 Multifactor Mutual Funds. For the most up-to-date information on our funds, please take advantage of all the resources available at hartfordfunds.com.

LOGO

James Davey

President

Hartford Funds

¹	S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford Multifactor Funds

Table of Contents



Fund Overview (Unaudited)			2

Benchmark Glossary (Unaudited)			6

Expense Examples (Unaudited)			7

Financial Statements:

Schedules of Investments:

Hartford Multifactor International Fund			8

Hartford Multifactor Large Cap Value Fund			14

Glossary			17

Statements of Assets and Liabilities			18

Statements of Operations			19

Statements of Changes in Net Assets			20

Financial Highlights			21

Notes to Financial Statements			22

Report of Independent Registered Public Accounting Firm			32

Directors and Officers (Unaudited)			33

How to Obtain a Copy of each Fund’s Proxy Voting Policies and Voting Records (Unaudited)			37

Quarterly Portfolio Holdings Information (Unaudited)			37

Approval of Investment Management and Investment Sub-Advisory Agreements (Unaudited)			38

The views expressed in each Fund’s Manager Discussion contained in the Fund Overview section are views of that Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. Each Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford Multifactor International Fund

Fund Overview

September 30, 2019 (Unaudited)

Inception 5/31/2019

(sub-advised by Mellon Investments Corporation)

Investment objective – The Fund seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of companies located in major developed markets of Europe, Canada and the Pacific Region.

LOGO

The chart above represents the hypothetical growth of a $10,000 investment in the Fund. The difference in returns between the Fund and the Index was primarily the result of the Fund’s operating expenses, including transaction costs, that are not reflected in the Index’s results.

Cumulative Total Returns

for the Period Ending 9/30/19


	Since Inception¹
Class R3		2.99%
Class R4		3.02%
Class R5		3.04%
Class R6		3.05%
Class Y		3.04%
Class F		3.05%
Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index		3.14%
MSCI World ex USA Index (Net)		4.96%

¹	Inception: 5/31/2019. Cumulative returns 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. The chart and table do not reflect the deductions of taxes that a shareholder would pay on Fund distributions or the redemption or sale of Fund shares. 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 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 September 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 expense waivers/reimbursements without which performance would have been lower. For more information on current expense waivers/reimbursements, please see the prospectus.

Operating Expenses*


	Gross		Net
Class R3		1.18%		1.04%
Class R4		0.88%		0.74%
Class R5		0.58%		0.44%
Class R6		0.46%		0.34%
Class Y		0.57%		0.44%
Class F		0.46%		0.34%

Expenses as shown in the Fund’s most recent prospectus. Gross expenses do not reflect contractual expense reimbursement arrangements. Net expenses reflect such arrangements in instances when they reduce gross expenses. These arrangements remain in effect until May 31, 2020 unless the Fund’s Board of Directors approves an earlier termination. Actual expenses may be higher or lower. Please see accompanying Financial Highlights for expense ratios for the period ended September 30, 2019.


		2

Hartford Multifactor International Fund

Fund Overview – (continued)

September 30, 2019 (Unaudited)

Manager Discussion

Hartford Multifactor International Fund (“the Fund”) seeks to provide investment results that, before fees and expenses, correspond to the total return performance of Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index (LRODMX) (“the Index”), which tracks the performance of companies located in major developed markets of Europe, Canada, and the Pacific Region.

The Fund seeks to generate returns by investing in index constituents that are selected and weighted through a rules-based methodology that seeks to:

1) Deliberately Allocate Risks by providing exposure to the growth potential of international companies while explicitly seeking to reduce volatility and drawdown risk.

2) Improve Diversification by diversifying exposure across developed market economies and potentially reducing individual country, currency, and individual company risks.

3) Enhance Return Potential by selecting companies with a favorable combination of low valuation (50%), high momentum (30%), and high quality (20%) investment factors.

4) Maintain Consistency by reapplying the index methodology twice a year in March and September to maintain intended investment exposures.

Class F shares of the Fund returned 3.05% at net asset value (“NAV”) for the fiscal period ending September 30, 2019 compared to the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index, which returned 3.14% for the same period. The difference in returns between the Fund and the Index was primarily the result of transaction costs and operating expenses that are not reflected in the Index’s results. Derivatives were not used in the Fund in a significant manner and did not affect the Fund’s performance during the period.

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. • Investments focused in a sector, industry or group of industries may increase volatility and risk. • The Fund is not actively managed but rather attempts to track the performance of an index. The Fund’s returns may diverge from that of the index.

Composition by Sector⁽¹⁾

as of September 30, 2019


Sector	Percentage of Net Assets
Equity Securities
Communication Services		7.0	%
Consumer Discretionary		10.1
Consumer Staples		9.3
Energy		5.0
Financials		21.2
Health Care		11.8
Industrials		13.4
Information Technology		5.8
Materials		5.2
Real Estate		6.2
Utilities		6.1

Total		101.1	%

Short-Term Investments		0.0	*
Other Assets & Liabilities		(1.1	)

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.


		3

Hartford Multifactor Large Cap Value Fund

Fund Overview

September 30, 2019 (Unaudited)

Inception 5/31/2019

(sub-advised by Mellon Investments Corporation)

Investment objective – The Fund seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of exchange traded value-oriented U.S. equity securities.

LOGO

Cumulative Total Returns

for the Period Ending 9/30/19


	Since Inception¹
Class R3		8.80%
Class R4		8.80%
Class R5		8.80%
Class R6		8.80%
Class Y		8.80%
Class F		8.80%
Hartford Multifactor Large Cap Value Index		8.86%
Russell 1000 Value Index		8.63%

¹	Inception: 5/31/2019. Cumulative returns not annualized.

You cannot invest directly in an index.

See “Benchmark Glossary” for benchmark descriptions.

Operating Expenses*


	Gross		Net
Class R3		1.08%		0.94%
Class R4		0.78%		0.64%
Class R5		0.48%		0.34%
Class R6		0.36%		0.24%
Class Y		0.47%		0.34%
Class F		0.36%		0.24%


		4

Hartford Multifactor Large Cap Value Fund

Fund Overview – (continued)

September 30, 2019 (Unaudited)

Manager Discussion

Hartford Multifactor Large Cap Value Fund (“the Fund”) seeks to provide investment results that, before fees and expenses, correspond to the total return performance of Hartford Multifactor Large Cap Value Index (HMLCVX) (“the Index”), which tracks the performance of exchange traded value-oriented US equity securities.

The Fund seeks to generate returns by investing in index constituents that are selected and weighted through a rules-based methodology that seeks to:

1) Deliberately Allocate Risks by providing exposure to the growth potential of value-oriented US companies while explicitly seeking to reduce volatility and drawdown risk.

2) Improve Diversification by diversifying exposure across sectors and potentially reducing individual company risks.

3) Enhance Return Potential by selecting companies with a favorable combination of low valuation (50%), high momentum (30%), and high quality (20%) investment factors.

4) Maintain Consistency by reapplying the index methodology twice a year in March and September to maintain intended investment exposures.

Class F shares of the Fund returned 8.80% at net asset value (“NAV”) for the fiscal period ending September 30, 2019 compared to the Hartford Multifactor Large Cap Value Index, which returned 8.86% for the same period. The difference in returns between the Fund and the Index was primarily the result of transaction costs and operating expenses that are not reflected in the Index’s results. Derivatives were not used in the Fund in a significant manner and did not affect the Fund’s performance during the period.

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. • Investments focused in a sector, industry or group of industries may increase volatility and risk. •The Fund is not actively managed but rather attempts to track the performance of an index. The Fund’s returns may diverge from that of the index.

Composition by Sector⁽¹⁾

as of September 30, 2019


Sector	Percentage of Net Assets
Equity Securities
Communication Services		9.1	%
Consumer Discretionary		7.1
Consumer Staples		8.8
Energy		6.6
Financials		27.1
Health Care		12.0
Industrials		9.4
Information Technology		7.7
Materials		4.5
Real Estate		4.1
Utilities		7.2

Total		103.6	%

Short-Term Investments		0.1
Other Assets & Liabilities		(3.7	)

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.


		5

Hartford Multifactor Funds

Benchmark Glossary

Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index seeks to address risks and opportunities within developed market stocks located outside the United States by selecting equity securities exhibiting a favorable combination of factors, including value, momentum, and quality.

Hartford Multifactor Large Cap Value Index is designed to capture the performance potential of US equities by seeking the enhanced return potential of multiple risk factors while maintaining targeted ranges of exposures across size and sector dimensions.

MSCI World ex USA Index (Net) (reflects no deduction for fees, expenses or other taxes) is a free float-adjusted market capitalization index that is designed to capture large and mid cap representation across developed markets countries – excluding the United States.

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.

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.


		6

Hartford Multifactor 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 May 31, 2019 (commencement of operations) through September 30, 2019, except as indicated below. 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. 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’s annualized expense ratio multiplied by average account value over the period, multiplied by 183/365 (to reflect the one-half year period).


	Actual Return						Hypothetical (5% return before expenses)*
	Beginning Account Value May 31, 2019		Ending Account Value September 30, 2019		Expenses paid during the period May 31, 2019 through September 30, 2019⁽²⁾		Beginning Account Value April 1, 2019		Ending Account Value September 30, 2019		Expenses paid during the period April 1, 2019 through September 30, 2019		Annualized expense ratio
Hartford Multifactor International Fund⁽¹⁾
Class R3	$	1,000.00	$	1,029.90	$	1.59	$	1,000.00	$	1,022.71	$	2.38		0.47	%
Class R4	$	1,000.00	$	1,030.20	$	1.39	$	1,000.00	$	1,023.01	$	2.08		0.41	%
Class R5	$	1,000.00	$	1,030.40	$	1.19	$	1,000.00	$	1,023.31	$	1.78		0.35	%
Class R6	$	1,000.00	$	1,030.50	$	1.15	$	1,000.00	$	1,023.36	$	1.72		0.34	%
Class Y	$	1,000.00	$	1,030.40	$	1.19	$	1,000.00	$	1,023.31	$	1.78		0.35	%
Class F	$	1,000.00	$	1,030.50	$	1.15	$	1,000.00	$	1,023.36	$	1.72		0.34	%

Hartford Multifactor Large Cap Value Fund⁽¹⁾
Class R3	$	1,000.00	$	1,088.00	$	1.29	$	1,000.00	$	1,023.21	$	1.88		0.37	%
Class R4	$	1,000.00	$	1,088.00	$	1.08	$	1,000.00	$	1,023.51	$	1.57		0.31	%
Class R5	$	1,000.00	$	1,088.00	$	0.87	$	1,000.00	$	1,023.82	$	1.27		0.25	%
Class R6	$	1,000.00	$	1,088.00	$	0.84	$	1,000.00	$	1,023.87	$	1.22		0.24	%
Class Y	$	1,000.00	$	1,088.00	$	0.87	$	1,000.00	$	1,023.82	$	1.27		0.25	%
Class F	$	1,000.00	$	1,088.00	$	0.84	$	1,000.00	$	1,023.87	$	1.22		0.24	%

Please note that while the Funds commenced operations on May 31, 2019, the hypothetical expenses paid during the period reflect projected activity for the full six month period for purposes of comparability. This projection assumes that annualized expense ratios were in effect during the period April 1, 2019 to September 30, 2019.

⁽¹⁾	Commenced operations on May 31, 2019.

⁽²⁾	Expenses paid during the period May 31, 2019 through September 30, 2019.


		7

Hartford Multifactor International Fund

Schedule of Investments

September 30, 2019


Shares or Principal Amount			Market Value^†
COMMON STOCKS - 101.1%
		Australia - 8.5%
	1,040	AGL Energy Ltd.	$	13,455
	594	Amcor plc		5,717
	272	Ansell Ltd.		5,035
	639	Aurizon Holdings Ltd.		2,547
	761	AusNet Services		932
	336	Australia & New Zealand Banking Group Ltd.		6,455
	1,082	Bendigo & Adelaide Bank Ltd.		8,395
	484	BHP Group Ltd.		11,960
	1,079	Caltex Australia Ltd.		19,172
	539	CIMIC Group Ltd.		11,453
	1,159	Coca-Cola Amatil Ltd.		8,340
	55	Cochlear Ltd.		7,740
	237	Coles Group Ltd.		2,464
	152	Commonwealth Bank of Australia		8,292
	48	CSL Ltd.		7,589
	1,060	Dexus REIT		8,538
	1,809	GPT Group REIT		7,523
	388	Insurance Australia Group Ltd.		2,070
	47	Macquarie Group Ltd.		4,166
	3,628	Mirvac Group REIT		7,495
	170	National Australia Bank Ltd.		3,409
	1,623	Orora Ltd.		3,167
	2,583	Qantas Airways Ltd.		10,977
	69	Ramsay Health Care Ltd.		3,023
	4,264	Scentre Group REIT		11,313
	426	Sonic Healthcare Ltd.		8,078
	849	South32 Ltd.		1,497
	1,075	Stockland REIT		3,302
	192	Suncorp Group Ltd.*		1,771
	4,341	Telstra Corp. Ltd.		10,290
	3,618	Vicinity Centres REIT		6,277
	6,441	Viva Energy Group Ltd.⁽¹⁾		8,487
	49	Washington H Soul Pattinson & Co., Ltd.		696
	854	Wesfarmers Ltd.		22,945
	150	Westpac Banking Corp.		2,996
	537	Whitehaven Coal Ltd.		1,129
	588	Woolworths Group Ltd.		14,796

				263,491

		Austria - 0.3%
	75	BAWAG Group AG*⁽¹⁾		2,951
	28	Lenzing AG		2,697
	38	Oesterreichische Post AG		1,334
	31	OMV AG		1,661
	145	UNIQA Insurance Group AG		1,310

				9,953

		Belgium - 2.0%
	15	Ackermans & van Haaren N.V.		2,278
	222	Ageas		12,307
	246	Colruyt S.A.		13,476
	27	Elia System Operator S.A.		2,207
	556	Proximus SADP		16,521
	16	Sofina S.A.		3,553
	119	Telenet Group Holding N.V.		5,616
	80	UCB S.A.		5,804

				61,762

		Canada - 11.4%
	193	Air Canada*		6,295
	358	Alimentation Couche-Tard, Inc. Class B		10,971
	75	Atco Ltd. Class I		2,744
	270	Bank of Montreal		19,886
	135	Bank of Nova Scotia		7,668
	263	BCE, Inc.		12,721
	202	Canadian Apartment Properties REIT		8,305


Shares or Principal Amount			Market Value^†
COMMON STOCKS - 101.1% - (continued)
		Canada - 11.4% - (continued)
	29	Canadian Imperial Bank of Commerce	$	2,393
	66	Canadian Tire Corp. Ltd. Class A		7,406
	61	Canadian Utilities Ltd. Class A		1,798
	271	Capital Power Corp.		6,276
	235	CGI, Inc.*		18,582
	4	Constellation Software, Inc.		3,995
	83	Emera, Inc.		3,644
	491	Empire Co., Ltd. Class A		13,294
	5	Fairfax Financial Holdings Ltd.		2,204
	42	Fortis, Inc.		1,776
	162	George Weston Ltd.		13,629
	661	Great-West Lifeco, Inc.		15,871
	316	Husky Energy, Inc.		2,223
	704	Hydro One Ltd.⁽¹⁾		13,013
	160	iA Financial Corp., Inc.		7,281
	151	Imperial Oil Ltd.		3,932
	65	Intact Financial Corp.		6,542
	209	Loblaw Cos., Ltd.		11,904
	31	Magna International, Inc.		1,652
	468	Manulife Financial Corp.		8,584
	183	Metro, Inc.		8,057
	48	National Bank of Canada		2,388
	13	Onex Corp.		806
	37	Open Text Corp.		1,509
	311	Parkland Fuel Corp.		9,974
	442	Power Corp. of Canada		10,182
	653	Power Financial Corp.		15,141
	43	Quebecor, Inc. Class B		976
	293	RioCan Real Estate Investment Trust REIT		5,834
	240	Rogers Communications, Inc. Class B		11,690
	232	Royal Bank of Canada		18,819
	126	Saputo, Inc.		3,873
	139	Shaw Communications, Inc. Class B		2,731
	404	Sun Life Financial, Inc.		18,065
	178	Suncor Energy, Inc.		5,615
	279	TELUS Corp.		9,929
	29	Thomson Reuters Corp.		1,940
	68	Toromont Industries Ltd.		3,285
	129	Toronto-Dominion Bank		7,522

				352,925

		China - 0.3%
	1,000	Kerry Logistics Network Ltd.		1,599
	8,700	Yangzijiang Shipbuilding Holdings Ltd.		6,049

				7,648

		Denmark - 1.9%
	7	Carlsberg A/S Class B		1,035
	48	Coloplast A/S Class B		5,775
	26	GN Store Nord A/S		1,054
	274	H. Lundbeck A/S		9,084
	206	ISS A/S		5,093
	355	Novo Nordisk A/S Class B		18,345
	70	Orsted A/S⁽¹⁾		6,507
	18	Pandora A/S		722
	17	Rockwool International A/S Class B		3,399
	92	Topdanmark A/S		4,441
	127	Tryg A/S		3,639

				59,094

		Finland - 0.8%
	223	DNA Oyj		5,076
	50	Elisa Oyj		2,578
	45	Kesko Oyj Class B		2,842
	48	Kone Oyj Class B		2,732
	34	Neste Oyj		1,125

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


		8

Hartford Multifactor International Fund

Schedule of Investments – (continued)

September 30, 2019


Shares or Principal Amount			Market Value^†
COMMON STOCKS - 101.1% - (continued)
		Finland - 0.8% - (continued)
	64	Orion Oyj Class B	$	2,385
	123	Sampo Oyj Class A		4,887
	127	Tieto Oyj		3,253
	38	Valmet Oyj		737

				25,615

		France - 6.1%
	46	Air Liquide S.A.		6,547
	179	Alstom S.A.		7,415
	8	Arkema S.A.		746
	132	AXA S.A.		3,370
	55	BioMerieux		4,549
	603	Bouygues S.A.		24,148
	76	Cie de Saint-Gobain		2,979
	135	Cie Generale des Etablissements Michelin SCA		15,031
	408	CNP Assurances		7,884
	21	Covivio REIT		2,223
	6	Eiffage S.A.		622
	29	Eurazeo SE		2,157
	59	Ipsen S.A.		5,597
	7	Klepierre S.A. REIT		238
	173	Korian S.A.		7,112
	11	L’Oreal S.A.		3,076
	58	Nexity S.A.		2,761
	595	Orange S.A.		9,313
	135	Peugeot S.A.		3,369
	75	Rubis SCA		4,356
	146	Sanofi		13,524
	20	Sartorius Stedim Biotech		2,797
	10	Schneider Electric SE		874
	374	SCOR SE		15,442
	54	Sodexo S.A.		6,062
	851	Suez		13,375
	54	Thales S.A.		6,207
	308	TOTAL S.A.		16,037
	71	Veolia Environnement S.A.		1,799

				189,610

		Germany - 6.1%
	130	1&1 Drillisch AG		4,052
	59	Allianz SE		13,734
	373	Alstria Office AG REIT		6,399
	1,629	Aroundtown S.A.		13,324
	27	BASF SE		1,888
	10	Bayerische Motoren Werke AG		704
	16	Carl Zeiss Meditec AG		1,824
	187	Covestro AG⁽¹⁾		9,253
	821	Deutsche Telekom AG		13,771
	105	DWS Group GmbH & Co. KGaA⁽¹⁾		3,100
	201	Evonik Industries AG		4,962
	77	Hannover Rueck SE		13,014
	39	HeidelbergCement AG		2,818
	27	Hochtief AG		3,077
	86	Knorr-Bremse AG		8,084
	35	LEG Immobilien AG		4,005
	205	Merck KGaA		23,093
	875	Metro AG		13,804
	65	Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen		16,789
	21	Rheinmetall AG		2,656
	433	Siemens Healthineers AG⁽¹⁾		17,026
	95	Talanx AG*		4,105
	1,215	Telefonica Deutschland Holding AG		3,388
	79	Vonovia SE		4,008

				188,878


Shares or Principal Amount			Market Value^†
COMMON STOCKS - 101.1% - (continued)
		Hong Kong - 4.3%
	5,000	Champion REIT	$	3,235
	2,200	Chow Tai Fook Jewellery Group Ltd.		1,816
	500	CK Hutchison Holdings Ltd.		4,414
	1,000	CLP Holdings Ltd.		10,511
	600	Dairy Farm International Holdings Ltd.		3,782
	300	Hang Seng Bank Ltd.		6,464
	1,000	Henderson Land Development Co., Ltd.		4,658
	5,000	HK Electric Investments & HK Electric Investments Ltd.		4,765
	1,000	Hong Kong & China Gas Co., Ltd.		1,949
	1,400	Hongkong Land Holdings Ltd.		7,871
	1,000	Hysan Development Co., Ltd.		4,033
	100	Jardine Matheson Holdings Ltd.		5,352
	100	Jardine Strategic Holdings Ltd.		2,991
	1,000	Link REIT		11,031
	4,000	New World Development Co., Ltd.		5,195
	2,000	NWS Holdings Ltd.		3,098
	10,000	PCCW Ltd.		5,614
	2,000	Sino Land Co., Ltd.		3,006
	2,000	SITC International Holdings Co., Ltd.		2,060
	1,000	Swire Pacific Ltd. Class A		9,307
	1,000	Swire Properties Ltd.		3,138
	500	VTech Holdings Ltd.		4,364
	11,500	WH Group Ltd.⁽¹⁾		10,299
	1,000	Wharf Real Estate Investment Co., Ltd.		5,462
	2,500	Yue Yuen Industrial Holdings Ltd.		6,830

				131,245

		Ireland - 0.7%
	30	CRH plc		1,030
	349	Glanbia plc		4,336
	96	ICON plc*		14,145
	25	Kerry Group plc Class A		2,924

				22,435

		Israel - 1.8%
	103	Bank Hapoalim BM*		812
	1,489	Bank Leumi Le-Israel BM		10,601
	1,111	Israel Chemicals Ltd.		5,558
	3,876	Israel Discount Bank Ltd. Class A		17,036
	487	Mizrahi Tefahot Bank Ltd.		12,101
	95	Strauss Group Ltd.		2,989
	73	Taro Pharmaceutical Industries Ltd.		5,508

				54,605

		Italy - 2.9%
	2,035	A2A S.p.A.		3,734
	39	ACEA S.p.A.		779
	426	Assicurazioni Generali S.p.A.		8,256
	19	DiaSorin S.p.A.		2,210
	1,036	Enel S.p.A.		7,738
	995	Eni S.p.A.		15,208
	1,608	Italgas S.p.A.		10,377
	404	Pirelli & C. S.p.A.⁽¹⁾		2,392
	951	Poste Italiane S.p.A.⁽¹⁾		10,810
	168	Recordati S.p.A.		7,205
	1,640	Unipol Gruppo S.p.A.		8,733
	4,319	UnipolSai Assicurazioni S.p.A.		11,485

				88,927

		Japan - 21.7%
	100	ABC-Mart, Inc.		6,357
	100	Aeon Co., Ltd.		1,837
	200	Alfresa Holdings Corp.		4,481
	300	ANA Holdings, Inc.		10,107
	300	Aozora Bank Ltd.		7,518
	200	Asahi Kasei Corp.		1,984

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


		9

Hartford Multifactor International Fund

Schedule of Investments – (continued)

September 30, 2019


Shares or Principal Amount			Market Value^†
COMMON STOCKS - 101.1% - (continued)
		Japan - 21.7% - (continued)
	700	Astellas Pharma, Inc.	$	10,013
	200	Azbil Corp.		5,371
	200	Bandai Namco Holdings, Inc.		12,471
	300	Bic Camera, Inc.		3,168
	400	Bridgestone Corp.		15,566
	400	Brother Industries Ltd.		7,289
	200	Canon Marketing Japan, Inc.		4,264
	400	Canon, Inc.		10,697
	200	Dai-ichi Life Holdings, Inc.		3,041
	1,800	Daiwa Securities Group, Inc.		8,055
	400	FUJIFILM Holdings Corp.		17,620
	100	Fujitsu Ltd.		8,037
	400	Hakuhodo DY Holdings, Inc.		5,812
	500	Haseko Corp.		5,848
	200	Heiwa Corp.		4,125
	100	Hitachi High-Technologies Corp.		5,813
	200	Hitachi Ltd.		7,490
	400	Hitachi Metals Ltd.		4,344
	100	Hitachi Transport System Ltd.		2,929
	400	Honda Motor Co., Ltd.		10,474
	100	Hoya Corp.		8,190
	400	Iida Group Holdings Co., Ltd.		6,531
	600	ITOCHU Corp.		12,428
	500	Japan Airlines Co., Ltd.		14,850
	600	Japan Post Holdings Co., Ltd.		5,537
	1,800	JXTG Holdings, Inc.		8,228
	800	K’s Holdings Corp.		8,713
	300	Kajima Corp.		3,952
	100	Kaken Pharmaceutical Co., Ltd.		4,651
	100	Kansai Electric Power Co., Inc.		1,120
	300	KDDI Corp.		7,828
	2,600	Konica Minolta, Inc.		18,191
	300	Kyushu Railway Co.		9,576
	100	Lawson, Inc.		5,121
	200	Marubeni Corp.		1,334
	700	Mazda Motor Corp.		6,274
	1,900	Mebuki Financial Group, Inc.		4,699
	400	Medipal Holdings Corp.		8,929
	200	Mitsubishi Chemical Holdings Corp.		1,433
	200	Mitsubishi Corp.		4,925
	200	Mitsubishi Electric Corp.		2,668
	300	Mitsubishi Heavy Industries Ltd.		11,792
	100	Mitsubishi Tanabe Pharma Corp.		1,102
	200	NEC Corp.		8,457
	100	NH Foods Ltd.		4,026
	300	Nihon Kohden Corp.		8,841
	300	Nikon Corp.		3,764
	200	Nippo Corp.		3,715
	300	Nippon Kayaku Co., Ltd.		3,597
	300	Nippon Telegraph & Telephone Corp.		14,353
	500	Nissan Motor Co., Ltd.		3,122
	200	NTT Data Corp.		2,596
	400	NTT DOCOMO, Inc.		10,214
	300	Obayashi Corp.		3,000
	400	ORIX Corp.		5,984
	400	Osaka Gas Co., Ltd.		7,683
	100	Otsuka Holdings Co., Ltd.		3,756
	700	Panasonic Corp.		5,705
	200	Resona Holdings, Inc.		861
	200	Ricoh Co., Ltd.		1,809
	100	Rohto Pharmaceutical Co., Ltd.		2,745
	200	Sankyo Co., Ltd.		6,882
	200	Sawai Pharmaceutical Co., Ltd.		10,347
	100	Secom Co., Ltd.		9,151
	700	Seiko Epson Corp.		9,943


Shares or Principal Amount			Market Value^†
COMMON STOCKS - 101.1% - (continued)
		Japan - 21.7% - (continued)
	100	Sekisui Chemical Co., Ltd.	$	1,556
	700	Sekisui House Ltd.		13,812
	200	Seven & i Holdings Co., Ltd.		7,665
	300	SG Holdings Co., Ltd.		7,352
	100	Shimamura Co., Ltd.		7,945
	200	Ship Healthcare Holdings, Inc.		8,527
	700	Skylark Holdings Co., Ltd.		12,745
	300	Softbank Corp.		4,065
	1,100	Sojitz Corp.		3,422
	500	Sony Financial Holdings, Inc.		10,887
	500	Subaru Corp.		14,140
	200	Sumitomo Dainippon Pharma Co., Ltd.		3,309
	600	Sumitomo Electric Industries Ltd.		7,657
	500	Sumitomo Forestry Co., Ltd.		6,676
	100	Sumitomo Rubber Industries Ltd.		1,191
	200	Suzuken Co., Ltd.		10,766
	100	Taisei Corp.		3,892
	300	Taiyo Nippon Sanso Corp.		6,098
	200	Teijin Ltd.		3,860
	100	Terumo Corp.		3,236
	300	Tokio Marine Holdings, Inc.		16,094
	200	Tokyo Electric Power Co. Holdings, Inc.*		981
	400	Tokyo Gas Co., Ltd.		10,117
	300	Toyota Boshoku Corp.		4,219
	100	TS Tech Co., Ltd.		3,059
	200	Tsumura & Co.		5,374
	200	TV Asahi Holdings Corp.		3,157
	100	West Japan Railway Co.		8,461
	600	Yamada Denki Co., Ltd.		2,907
	200	Yamazaki Baking Co., Ltd.		3,577
	100	Zensho Holdings Co., Ltd.		2,160

				672,241

		Luxembourg - 0.2%
	251	Grand City Properties S.A.		5,647
	750	L’Occitane International S.A.		1,492

				7,139

		Netherlands - 3.6%
	493	Aegon N.V.⁽²⁾		2,047
	447	ASR Nederland N.V.		16,494
	132	GrandVision N.V.⁽¹⁾		3,953
	793	Koninklijke Ahold Delhaize N.V.		19,831
	91	Koninklijke DSM N.V.		10,955
	410	NN Group N.V.		14,530
	342	Randstad N.V.		16,791
	661	Royal Dutch Shell plc Class A		19,386
	91	Wolters Kluwer N.V.		6,640

				110,627

		New Zealand - 0.5%
	473	Contact Energy Ltd.		2,530
	91	EBOS Group Ltd.		1,425
	635	Fisher & Paykel Healthcare Corp. Ltd.		6,890
	59	Mainfreight Ltd.		1,475
	150	Meridian Energy Ltd.		488
	1,013	Spark New Zealand Ltd.*		2,797

				15,605

		Norway - 1.4%
	341	Austevoll Seafood ASA		3,238
	628	Equinor ASA		11,896
	321	Leroy Seafood Group ASA		1,953
	238	Marine Harvest ASA*		5,497
	890	Orkla ASA		8,098
	20	Salmar ASA		878
	210	SpareBank 1 SR-Bank ASA		2,287

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


		10

Hartford Multifactor International Fund

Schedule of Investments – (continued)

September 30, 2019


Shares or Principal Amount			Market Value^†
COMMON STOCKS - 101.1% - (continued)
		Norway - 1.4% - (continued)
	509	Telenor ASA	$	10,212

				44,059

		Portugal - 0.5%
	856	Galp Energia SGPS S.A.		12,874
	614	NOS SGPS S.A.		3,352

				16,226

		Russia - 1.2%
	3,582	Evraz plc		20,616
	331	Polymetal International plc		4,649
	519	VEON Ltd.		1,246
	285	X5 Retail Group N.V. GDR		9,966

				36,477

		Singapore - 2.1%
	6,700	ComfortDelGro Corp. Ltd.		11,641
	400	DBS Group Holdings Ltd.		7,236
	200	Jardine Cycle & Carriage Ltd.		4,344
	1,400	Mapletree Commercial Trust REIT		2,321
	3,100	NetLink NBN Trust UNIT		1,996
	1,300	Oversea-Chinese Banking Corp. Ltd.		10,220
	1,200	SATS Ltd.		4,208
	1,400	Singapore Airlines Ltd.		9,260
	1,100	Singapore Technologies Engineering Ltd.		3,057
	900	Singapore Telecommunications Ltd.		2,027
	700	Venture Corp. Ltd.		7,762

				64,072

		Spain - 2.5%
	111	Acciona S.A.		11,747
	148	ACS Actividades de Construccion y Servicios S.A.		5,913
	103	Ebro Foods S.A.		2,059
	218	Enagas S.A.		5,039
	588	Endesa S.A.		15,468
	1,001	Gestamp Automocion S.A.⁽¹⁾		4,672
	266	Iberdrola S.A.		2,765
	103	Inmobiliaria Colonial Socimi S.A. REIT		1,243
	1,579	Mapfre S.A.		4,253
	496	Merlin Properties Socimi S.A. REIT		6,925
	1,150	Prosegur Cash S.A.⁽¹⁾		1,652
	140	Red Electrica Corp. S.A.		2,836
	311	Repsol S.A.		4,850
	755	Telefonica S.A.		5,769
	49	Viscofan S.A.		2,296

				77,487

		Sweden - 2.6%
	74	Atrium Ljungberg AB Class B		1,635
	345	Axfood AB		7,325
	293	BillerudKorsnas AB		3,168
	330	Castellum AB		7,065
	81	Electrolux AB Class B		1,919
	105	Essity AB Class B		3,064
	212	Fastighets AB Balder Class B*		8,026
	227	Hennes & Mauritz AB Class B		4,400
	214	ICA Gruppen AB		9,883
	138	Loomis AB Class B		4,846
	611	Securitas AB Class B		9,356
	38	Skandinaviska Enskilda Banken AB Class A		349
	116	Skanska AB Class B		2,349
	107	Svenska Handelsbanken AB Class A		1,001
	796	Swedbank AB Class A		11,464
	536	Telia Co., AB		2,398
	33	Volvo AB Class B		463
	89	Wihlborgs Fastigheter AB		1,446

				80,157


Shares or Principal Amount			Market Value^†
COMMON STOCKS - 101.1% - (continued)
		Switzerland - 6.2%
	202	Adecco Group AG	$	11,178
	131	Baloise Holding AG		23,472
	4	Banque Cantonale Vaudoise		3,061
	15	Bucher Industries AG		4,692
	33	Coca-Cola HBC AG*		1,078
	1	Givaudan S.A.		2,791
	73	Helvetia Holding AG		10,075
	76	Julius Baer Group Ltd.*		3,366
	85	Kuehne + Nagel International AG		12,508
	86	Nestle S.A.		9,327
	119	Novartis AG		10,328
	51	PSP Swiss Property AG		6,475
	66	Roche Holding AG		19,217
	2	SGS S.A.		4,958
	20	Sika AG		2,926
	25	Sonova Holding AG		5,817
	47	Swiss Life Holding AG		22,471
	113	Swiss Re AG		11,791
	6	Swisscom AG		2,960
	62	Zurich Insurance Group AG		23,746

				192,237

		United Kingdom - 11.4%
	296	3i Group plc		4,236
	269	Anglo American plc		6,182
	65	Ashtead Group plc		1,808
	121	AstraZeneca plc		10,804
	118	Auto Trader Group plc⁽¹⁾		740
	2,953	Avast plc⁽¹⁾		14,107
	552	Barratt Developments plc		4,394
	254	Bellway plc		10,442
	53	Berkeley Group Holdings plc		2,721
	2,389	BP plc		15,124
	583	Britvic plc		7,044
	5,552	BT Group plc		12,178
	32	Burberry Group plc		855
	8,595	Centrica plc		7,794
	162	Close Brothers Group plc		2,805
	49	Coca-Cola European Partners plc		2,730
	475	Compass Group plc		12,223
	103	Diageo plc		4,208
	3,722	Direct Line Insurance Group plc		13,732
	375	Electrocomponents plc		2,965
	133	Ferguson plc*		9,706
	154	Fiat Chrysler Automobiles N.V.		1,994
	499	GlaxoSmithKline plc		10,696
	61	Hiscox Ltd.		1,245
	976	Howden Joinery Group plc		6,717
	811	HSBC Holdings plc		6,214
	2,468	Kingfisher plc		6,272
	6,175	Legal & General Group plc		18,848
	252	Marks & Spencer Group plc		571
	316	Mondi plc		6,051
	683	National Grid plc		7,395
	1,173	Pearson plc		10,637
	126	Pennon Group plc		1,281
	72	Persimmon plc		1,920
	766	Redrow plc		5,817
	475	RELX plc		11,281
	894	Rentokil Initial plc		5,140
	442	Rio Tinto plc		22,976
	3,732	Royal Mail plc		9,690
	720	RSA Insurance Group plc		4,724
	525	Sage Group plc		4,461
	892	Smith & Nephew plc		21,481

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


		11

Hartford Multifactor International Fund

Schedule of Investments – (continued)

September 30, 2019


Shares or Principal Amount			Market Value^†
COMMON STOCKS - 101.1% - (continued)
		United Kingdom - 11.4% - (continued)
	222	Spectris plc	$	6,664
	130	SSP Group plc		990
	854	Tate & Lyle plc		7,726
	920	Taylor Wimpey plc		1,826
	32	Travis Perkins plc		508
	1,483	Tritax Big Box plc REIT		2,728
	225	Unilever plc		13,523
	241	WH Smith plc		5,889

				352,063

		United States - 0.1%
	22	Waste Connections, Inc.		2,021


		Total Common Stocks (cost $3,078,136)	$	3,126,599


SHORT-TERM INVESTMENTS - 0.0%
		Other Investment Pools & Funds - 0.0%
	1,013	Fidelity Institutional Government Fund, Institutional Class, 1.92%⁽³⁾	$	1,013


		Total Short-Term Investments (cost $1,013)	$	1,013



Total Investments (cost $3,079,149)	101.1	%	$	3,127,612
Other Assets and Liabilities	(1.1	)%		(35,348	)

Total Net Assets	100.0	%	$	3,092,264

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 September 30, 2019, the aggregate value of these securities was $108,962, representing 3.5% 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.


		12

Hartford Multifactor International Fund

Schedule of Investments – (continued)

September 30, 2019

Fair Valuation Summary

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


Description	Total		Level 1		Level 2		Level 3⁽¹⁾
Assets
Common Stocks
Australia	$	263,491	$	1,771	$	261,720	$	—
Austria		9,953		—		9,953		—
Belgium		61,762		2,207		59,555		—
Canada		352,925		352,925		—		—
China		7,648		—		7,648		—
Denmark		59,094		—		59,094		—
Finland		25,615		5,831		19,784		—
France		189,610		6,062		183,548		—
Germany		188,878		17,871		171,007		—
Hong Kong		131,245		4,765		126,480		—
Ireland		22,435		21,405		1,030		—
Israel		54,605		5,508		49,097		—
Italy		88,927		—		88,927		—
Japan		672,241		—		672,241		—
Luxembourg		7,139		—		7,139		—
Netherlands		110,627		—		110,627		—
New Zealand		15,605		—		15,605		—
Norway		44,059		—		44,059		—
Portugal		16,226		—		16,226		—
Russia		36,477		1,246		35,231		—
Singapore		64,072		1,996		62,076		—
Spain		77,487		—		77,487		—
Sweden		80,157		1,635		78,522		—
Switzerland		192,237		—		192,237		—
United Kingdom		352,063		3,275		348,788		—
United States		2,021		2,021		—		—
Short-Term Investments		1,013		1,013		—		—

Total	$	3,127,612	$	429,531	$	2,698,081	$	—

⁽¹⁾	For the period ended September 30, 2019, there were no transfers in and out of Level 3.

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


		13

Hartford Multifactor Large Cap Value Fund

Schedule of Investments

September 30, 2019


Shares or Principal Amount			Market Value^†
COMMON STOCKS - 103.6%
		Automobiles & Components - 1.4%
	782	Ford Motor Co.	$	7,163
	206	General Motors Co.		7,721

				14,884

		Banks - 3.9%
	76	BB&T Corp.		4,056
	26	Citigroup, Inc.		1,796
	142	JP Morgan Chase & Co.		16,712
	41	PNC Financial Services Group, Inc.		5,747
	123	US Bancorp		6,807
	139	Wells Fargo & Co.		7,011

				42,129

		Capital Goods - 6.4%
	76	AGCO Corp.		5,753
	57	Dover Corp.		5,675
	96	Eaton Corp. plc		7,982
	61	EMCOR Group, Inc.		5,253
	21	General Dynamics Corp.		3,837
	63	Ingersoll-Rand plc		7,762
	181	Johnson Controls International plc		7,944
	83	PACCAR, Inc.		5,811
	122	Quanta Services, Inc.		4,612
	16	Snap-on, Inc.		2,505
	54	United Technologies Corp.		7,372
	11	Wabco Holdings, Inc.*		1,471
	25	Watsco, Inc.		4,230

				70,207

		Commercial & Professional Services - 1.5%
	83	KAR Auction Services, Inc.		2,038
	22	ManpowerGroup, Inc.		1,853
	59	Republic Services, Inc.		5,106
	63	Waste Management, Inc.		7,245

				16,242

		Consumer Durables & Apparel - 0.6%
	13	Carter’s, Inc.		1,186
	154	PulteGroup, Inc.		5,629

				6,815

		Consumer Services - 2.4%
	27	Cracker Barrel Old Country Store, Inc.		4,392
	102	McDonald’s Corp.		21,900

				26,292

		Diversified Financials - 8.6%
	311	AGNC Investment Corp. REIT		5,004
	64	American Express Co.		7,570
	548	Annaly Capital Management, Inc. REIT		4,822
	126	Berkshire Hathaway, Inc. Class B*		26,211
	16	BlackRock, Inc.		7,130
	148	Blackstone Mortgage Trust, Inc. Class A REIT		5,306
	269	Chimera Investment Corp. REIT		5,262
	22	CME Group, Inc.		4,649
	80	Intercontinental Exchange, Inc.		7,382
	704	MFA Financial, Inc. REIT		5,181
	42	Nasdaq, Inc.		4,173
	223	Starwood Property Trust, Inc. REIT		5,401
	167	Synchrony Financial		5,693

				93,784

		Energy - 6.6%
	227	Chevron Corp.		26,922
	367	Exxon Mobil Corp.		25,914
	377	Kinder Morgan, Inc.		7,770
	42	ONEOK, Inc.		3,095
	76	Phillips 66		7,782

				71,483


Shares or Principal Amount			Market Value^†
COMMON STOCKS - 103.6% - (continued)
		Food & Staples Retailing - 3.0%
	101	Sysco Corp.	$	8,020
	132	US Foods Holding Corp.*		5,425
	165	Walmart, Inc.		19,582

				33,027

		Food, Beverage & Tobacco - 3.0%
	19	Altria Group, Inc.		777
	139	Archer-Daniels-Midland Co.		5,709
	231	Flowers Foods, Inc.		5,343
	109	Hormel Foods Corp.		4,766
	36	Ingredion, Inc.		2,943
	1	JM Smucker Co.		110
	32	Kellogg Co.		2,059
	100	Mondelez International, Inc. Class A		5,532
	57	Tyson Foods, Inc. Class A		4,910

				32,149

		Health Care Equipment & Services - 7.2%
	12	Anthem, Inc.		2,881
	9	Centene Corp.*		389
	79	Cerner Corp.		5,385
	54	Danaher Corp.		7,799
	10	HCA Healthcare, Inc.		1,204
	87	Henry Schein, Inc.*		5,525
	26	Hill-Rom Holdings, Inc.		2,736
	22	Humana, Inc.		5,625
	31	Laboratory Corp. of America Holdings*		5,208
	249	Medtronic plc		27,046
	6	Molina Healthcare, Inc.*		658
	52	Quest Diagnostics, Inc.		5,566
	39	UnitedHealth Group, Inc.		8,476

				78,498

		Household & Personal Products - 2.8%
	53	Kimberly-Clark Corp.		7,529
	187	Procter & Gamble Co.		23,259

				30,788

		Insurance - 14.6%
	151	Aflac, Inc.		7,900
	7	Alleghany Corp.*		5,584
	74	Allstate Corp.		8,042
	52	American Financial Group, Inc.		5,608
	131	Arch Capital Group Ltd.*		5,499
	58	Arthur J Gallagher & Co.		5,195
	83	Axis Capital Holdings Ltd.		5,538
	48	Chubb Ltd.		7,749
	47	Cincinnati Financial Corp.		5,484
	112	CNA Financial Corp.		5,516
	22	Everest Re Group Ltd.		5,854
	118	Fidelity National Financial, Inc.		5,240
	9	First American Financial Corp.		531
	59	Globe Life, Inc.		5,650
	40	Hanover Insurance Group, Inc.		5,422
	108	Loews Corp.		5,560
	5	Markel Corp.*		5,910
	55	Marsh & McLennan Cos., Inc.		5,503
	173	MetLife, Inc.		8,159
	223	Old Republic International Corp.		5,256
	101	Principal Financial Group, Inc.		5,771
	96	Prudential Financial, Inc.		8,635
	35	Reinsurance Group of America, Inc.		5,596
	28	RenaissanceRe Holdings Ltd.		5,417
	51	Travelers Cos., Inc.		7,583
	27	Willis Towers Watson plc		5,210
	74	WR Berkley Corp.		5,345

				158,757

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


		14

Hartford Multifactor Large Cap Value Fund

Schedule of Investments – (continued)

September 30, 2019


Shares or Principal Amount			Market Value^†
COMMON STOCKS - 103.6% - (continued)
		Materials - 4.5%
	35	AptarGroup, Inc.	$	4,146
	66	Ball Corp.		4,805
	60	Eastman Chemical Co.		4,430
	30	Ecolab, Inc.		5,941
	28	LyondellBasell Industries N.V. Class A		2,505
	11	NewMarket Corp.		5,193
	30	Packaging Corp. of America		3,183
	68	PPG Industries, Inc.		8,059
	54	Reliance Steel & Aluminum Co.		5,382
	95	Sonoco Products Co.		5,530

				49,174

		Media & Entertainment - 3.3%
	2	Cable One, Inc.		2,509
	129	CBS Corp. Class B		5,208
	52	Cinemark Holdings, Inc.		2,009
	293	Comcast Corp. Class A		13,208
	267	Interpublic Group of Cos., Inc.		5,757
	33	Liberty Media Corp-Liberty SiriusXM*		1,385
	70	Omnicom Group, Inc.		5,481

				35,557

		Pharmaceuticals, Biotechnology & Life Sciences - 4.8%
	50	AbbVie, Inc.		3,786
	121	Gilead Sciences, Inc.		7,669
	38	IQVIA Holdings, Inc.*		5,677
	985	Pfizer, Inc.		35,391

				52,523

		Real Estate - 4.1%
	81	Apartment Investment & Management Co. Class A, REIT		4,223
	19	Apple Hospitality, Inc. REIT		315
	13	AvalonBay Communities, Inc. REIT		2,799
	23	Camden Property Trust REIT		2,553
	153	Equity Commonwealth REIT		5,240
	21	Equity Residential REIT		1,812
	16	Essex Property Trust, Inc. REIT		5,226
	131	Gaming and Leisure Properties, Inc. REIT		5,009
	70	HCP, Inc. REIT		2,494
	112	Host Hotels & Resorts, Inc. REIT		1,937
	2	Lamar Advertising Co., Class A, REIT		164
	38	National Health Investors, Inc. REIT		3,131
	87	National Retail Properties, Inc. REIT		4,907
	16	Realty Income Corp. REIT		1,227
	21	Service Properties Trust REIT		542
	19	Simon Property Group, Inc. REIT		2,957

				44,536

		Retailing - 2.7%
	7	AutoZone, Inc.*		7,592
	64	Best Buy Co., Inc.		4,415
	14	Expedia Group, Inc.		1,882
	58	Genuine Parts Co.		5,776
	42	Kohl’s Corp.		2,086
	10	Macy’s, Inc.		155
	71	Target Corp.		7,591

				29,497

		Software & Services - 5.9%
	81	Amdocs Ltd.		5,355
	28	Automatic Data Processing, Inc.		4,520
	7	CACI International, Inc. Class A*		1,619
	55	Fidelity National Information Services, Inc.		7,302
	156	International Business Machines Corp.		22,685
	59	j2 Global, Inc.		5,358
	25	Leidos Holdings, Inc.		2,147


Shares or Principal Amount			Market Value^†
COMMON STOCKS - 103.6% - (continued)
		Software & Services - 5.9% - (continued)
	169	Oracle Corp.	$	9,300
	240	Western Union Co.		5,561

				63,847

		Technology Hardware & Equipment - 1.8%
	65	Arrow Electronics, Inc.*		4,848
	183	Hewlett Packard Enterprise Co.		2,776
	174	HP, Inc.		3,292
	26	Jabil, Inc.		930
	235	Juniper Networks, Inc.		5,816
	9	Seagate Technology plc		484
	16	Tech Data Corp.*		1,668

				19,814

		Telecommunication Services - 5.8%
	702	AT&T, Inc.		26,564
	98	T-Mobile US, Inc.*		7,719
	486	Verizon Communications, Inc.		29,335

				63,618

		Transportation - 1.5%
	9	AMERCO		3,510
	93	Delta Air Lines, Inc.		5,357
	5	Kansas City Southern		665
	5	Union Pacific Corp.		810
	63	United Airlines Holdings, Inc.*		5,570

				15,912

		Utilities - 7.2%
	7	Ameren Corp.		560
	67	American Electric Power Co., Inc.		6,277
	28	Atmos Energy Corp.		3,189
	164	CenterPoint Energy, Inc.		4,949
	49	CMS Energy Corp.		3,134
	81	Consolidated Edison, Inc.		7,652
	18	Dominion Energy, Inc.		1,459
	36	DTE Energy Co.		4,787
	64	Duke Energy Corp.		6,135
	27	Entergy Corp.		3,169
	122	Exelon Corp.		5,894
	93	Hawaiian Electric Industries, Inc.		4,242
	33	NextEra Energy, Inc.		7,689
	29	Pinnacle West Capital Corp.		2,815
	44	Public Service Enterprise Group, Inc.		2,731
	39	Southern Co.		2,409
	73	WEC Energy Group, Inc.		6,942
	60	Xcel Energy, Inc.		3,893

				77,926


		Total Common Stocks (cost $1,066,911)	$	1,127,459


SHORT-TERM INVESTMENTS - 0.1%
		Other Investment Pools & Funds - 0.1%
	1,571	Fidelity Institutional Government Fund, Institutional Class, 1.92%⁽¹⁾	$	1,571


		Total Short-Term Investments (cost $1,571)	$	1,571



Total Investments (cost $1,068,482)	103.7	%	$	1,129,030
Other Assets and Liabilities	(3.7	)%		(40,673	)

Total Net Assets	100.0	%	$	1,088,357

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


		15

Hartford Multifactor Large Cap Value Fund

Schedule of Investments – (continued)

September 30, 2019

Note:

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

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 September 30, 2019 in valuing the Fund’s investments.


Description	Total		Level 1		Level 2		Level 3⁽¹⁾
Assets
Common Stocks
Automobiles & Components	$	14,884	$	14,884	$	—	$	—
Banks		42,129		42,129		—		—
Capital Goods		70,207		70,207		—		—
Commercial & Professional Services		16,242		16,242		—		—
Consumer Durables & Apparel		6,815		6,815		—		—
Consumer Services		26,292		26,292		—		—
Diversified Financials		93,784		93,784		—		—
Energy		71,483		71,483		—		—
Food & Staples Retailing		33,027		33,027		—		—
Food, Beverage & Tobacco		32,149		32,149		—		—
Health Care Equipment & Services		78,498		78,498		—		—
Household & Personal Products		30,788		30,788		—		—
Insurance		158,757		158,757		—		—
Materials		49,174		49,174		—		—
Media & Entertainment		35,557		35,557		—		—
Pharmaceuticals, Biotechnology & Life Sciences		52,523		52,523		—		—
Real Estate		44,536		44,536		—		—
Retailing		29,497		29,497		—		—
Software & Services		63,847		63,847		—		—
Technology Hardware & Equipment		19,814		19,814		—		—
Telecommunication Services		63,618		63,618		—		—
Transportation		15,912		15,912		—		—
Utilities		77,926		77,926		—		—
Short-Term Investments		1,571		1,571		—		—

Total	$	1,129,030	$	1,129,030	$	—	$	—

⁽¹⁾	For the period ended September 30, 2019, there were no transfers in and out of Level 3.

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


		16

Hartford Multifactor Funds

Glossary (abbreviations used in the preceding Schedules of Investments)


Other Abbreviations:
GDR		Global Depositary Receipt
REIT		Real Estate Investment Trust


		17

Hartford Multifactor Funds

Statements of Assets and Liabilities

September 30, 2019


	Hartford Multifactor International Fund		Hartford Multifactor Large Cap Value Fund
Assets:
Investments in securities, at market value	$	3,127,612	$	1,129,030
Foreign currency		2,131		—
Receivables:
Dividends and interest		11,676		1,731
Tax reclaims		589		—
Other assets		16,636		18,070

Total assets		3,158,644		1,148,831

Liabilities:
Payables:
Investment management fees		733		169
Transfer agent fees		20		6
Accounting services fees		46		16
Board of Directors’ fees		5		1
Distribution fees		11		11
Accrued expenses		65,565		60,271

Total liabilities		66,380		60,474

Net assets	$	3,092,264	$	1,088,357

Summary of Net Assets:
Capital stock and paid-in-capital	$	3,004,169	$	999,807
Distributable earnings		88,095		88,550

Net assets	$	3,092,264	$	1,088,357

Shares authorized		300,000,000		300,000,000

Par value	$	0.0001	$	0.0001

Class R3: Net asset value per share	$	10.29	$	10.88

Shares outstanding		10,009		10,000

Net Assets	$	103,036	$	108,796

Class R4: Net asset value per share	$	10.29	$	10.88

Shares outstanding		10,011		10,000

Net Assets	$	103,056	$	108,819

Class R5: Net asset value per share	$	10.29	$	10.88

Shares outstanding		100,139		20,000

Net Assets	$	1,030,768	$	217,684

Class R6: Net asset value per share	$	10.29	$	10.88

Shares outstanding		100,147		30,000

Net Assets	$	1,030,788	$	326,531

Class Y: Net asset value per share	$	10.29	$	10.88

Shares outstanding		70,097		20,000

Net Assets	$	721,537	$	217,683

Class F: Net asset value per share	$	10.29	$	10.88

Shares outstanding		10,015		10,000

Net Assets	$	103,079	$	108,844

Cost of investments	$	3,079,149	$	1,068,482
Cost of foreign currency	$	2,137	$	—

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


		18

Hartford Multifactor Funds

Statements of Operations

For the Period Ended September 30, 2019


	Hartford Multifactor International Fund⁽¹⁾			Hartford Multifactor Large Cap Value Fund⁽¹⁾
Investment Income:
Dividends	$	37,958		$	9,545
Interest		877			301
Less: Foreign tax withheld		(3,872	)		—

Total investment income, net		34,963			9,846

Expenses:
Investment management fees		2,985			674
Transfer agent fees
Class R3		1			1
Class R4		1			1
Class R5		7			1
Class R6		5			2
Class Y		5			1
Class F		1			1
Distribution fees
Class R3		171			177
Class R4		86			89
Custodian fees		3,500			1,700
Registration and filing fees		34,970			34,970
Accounting services fees		185			64
Board of Directors’ fees		30			10
Audit fees		26,500			23,000
Other expenses		6,081			6,080

Total expenses (before waivers, reimbursements and fees paid indirectly)		74,528			66,771
Expense waivers		(70,734	)		(65,640	)
Distribution fee reimbursements		(198	)		(203	)

Total waivers, reimbursements and fees paid indirectly		(70,932	)		(65,843	)

Total expenses, net		3,596			928

Net Investment Income (Loss)		31,367			8,918

Net Realized Gain (Loss) on Investments and Foreign Currency Transactions:
Net realized gain (loss) on investments		6,209			18,891
Net realized gain (loss) on other foreign currency transactions		6,252			—

Net Realized Gain (Loss) on Investments and Foreign Currency Transactions		12,461			18,891

Net Changes in Unrealized Appreciation (Depreciation) of Investments and Foreign Currency Transactions:
Net unrealized appreciation (depreciation) of investments		48,463			60,548
Net unrealized appreciation (depreciation) of translation of other assets and liabilities in foreign currencies		(27	)		—

Net Changes in Unrealized Appreciation (Depreciation) of Investments and Foreign Currency Transactions		48,436			60,548

Net Gain (Loss) on Investments and Foreign Currency Transactions		60,897			79,439

Net Increase (Decrease) in Net Assets Resulting from Operations	$	92,264		$	88,357

⁽¹⁾	Commenced operations on May 31, 2019.

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


		19

Hartford Multifactor Funds

Statements of Changes in Net Assets


	Hartford Multifactor International Fund			Hartford Multifactor Large Cap Value Fund
	For the Period Ended September 30, 2019⁽¹⁾			For the Period Ended September 30, 2019⁽¹⁾
Operations:
Net investment income (loss)	$	31,367		$	8,918
Net realized gain (loss) on investments and foreign currency transactions		12,461			18,891
Net changes in unrealized appreciation (depreciation) of investments and foreign currency transactions		48,436			60,548

Net Increase (Decrease) in Net Assets Resulting from Operations		92,264			88,357

Distributions to Shareholders:
Class R3		(94	)		—
Class R4		(119	)		—
Class R5		(1,447	)		—
Class R6		(1,532	)		—
Class Y		(1,012	)		—
Class F		(153	)		—

Total distributions		(4,357	)		—

Capital Share Transactions:
Sold		3,000,060			1,000,060
Issued on reinvestment of distributions		4,357			—
Redeemed		(60	)		(60	)

Net increase from capital share transactions		3,004,357			1,000,000

Net Increase (Decrease) in Net Assets		3,092,264			1,088,357

Net Assets:
Beginning of period		—			—

End of period	$	3,092,264		$	1,088,357

⁽¹⁾	Commenced operations on May 31, 2019.

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


		20

Hartford Multifactor 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 Adjustments⁽³⁾			Ratio of Expenses to Average Net Assets After Adjustments⁽³⁾			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover

Hartford Multifactor International Fund

For the Period Ended September 30, 2019⁽⁴⁾
R3	$	10.00	$	0.10	$	0.20	$	0.30	$	(0.01	)	$	—	$	(0.01	)	$	10.29		2.99	%⁽⁵⁾	$	103		7.71	%⁽⁶⁾		0.47	%⁽⁶⁾		2.94	%⁽⁶⁾		19	%
R4		10.00		0.10		0.20		0.30		(0.01	)		—		(0.01	)		10.29		3.02	⁽⁵⁾		103		7.47	⁽⁶⁾		0.41	⁽⁶⁾		2.99	⁽⁶⁾		19
R5		10.00		0.10		0.20		0.30		(0.01	)		—		(0.01	)		10.29		3.04	⁽⁵⁾		1,031		7.22	⁽⁶⁾		0.35	⁽⁶⁾		3.05	⁽⁶⁾		19
R6		10.00		0.10		0.21		0.31		(0.02	)		—		(0.02	)		10.29		3.05	⁽⁵⁾		1,031		7.22	⁽⁶⁾		0.34	⁽⁶⁾		3.06	⁽⁶⁾		19
Y		10.00		0.10		0.20		0.30		(0.01	)		—		(0.01	)		10.29		3.04	⁽⁵⁾		722		7.22	⁽⁶⁾		0.35	⁽⁶⁾		3.05	⁽⁶⁾		19
F		10.00		0.10		0.21		0.31		(0.02	)		—		(0.02	)		10.29		3.05	⁽⁵⁾		103		7.22	⁽⁶⁾		0.34	⁽⁶⁾		3.05	⁽⁶⁾		19

Hartford Multifactor Large Cap Value Fund

For the Period Ended September 30, 2019⁽⁴⁾
R3	$	10.00	$	0.09	$	0.79	$	0.88	$	—		$	—	$	—		$	10.88		8.80	%⁽⁵⁾	$	109		19.26	%⁽⁶⁾		0.37	%⁽⁶⁾		2.41	%⁽⁶⁾		31	%
R4		10.00		0.09		0.79		0.88		—			—		—			10.88		8.80	⁽⁵⁾		109		19.01	⁽⁶⁾		0.31	⁽⁶⁾		2.46	⁽⁶⁾		31
R5		10.00		0.09		0.79		0.88		—			—		—			10.88		8.80	⁽⁵⁾		218		18.75	⁽⁶⁾		0.25	⁽⁶⁾		2.53	⁽⁶⁾		31
R6		10.00		0.09		0.79		0.88		—			—		—			10.88		8.80	⁽⁵⁾		327		18.76	⁽⁶⁾		0.24	⁽⁶⁾		2.54	⁽⁶⁾		31
Y		10.00		0.09		0.79		0.88		—			—		—			10.88		8.80	⁽⁵⁾		218		18.75	⁽⁶⁾		0.25	⁽⁶⁾		2.53	⁽⁶⁾		31
F		10.00		0.09		0.79		0.88		—			—		—			10.88		8.80	⁽⁵⁾		109		18.76	⁽⁶⁾		0.24	⁽⁶⁾		2.54	⁽⁶⁾		31

⁽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⁾	Assumes initial investment at net asset value at the beginning of each period, reinvestment of all distributions, the complete redemption of the investment at net asset value at the end of each period and no sales charge. Total return would be reduced if sales charges were taken into account.

⁽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⁾	Commenced operations on May 31, 2019.

⁽⁵⁾	Not annualized.

⁽⁶⁾	Annualized.

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


		21

Hartford Multifactor Funds

Notes to Financial Statements

September 30, 2019

1.	Organization:

The Hartford Mutual Funds II, Inc. (the “Company”) is an open-end registered management investment company comprised of thirteen series as of September 30, 2019. Financial statements for the series of the Company listed below (each, a “Fund” and collectively, the “Funds”) are included in this report.

The Hartford Mutual Funds II, Inc.:

Hartford Multifactor International Fund (the “Multifactor International Fund”)

Hartford Multifactor Large Cap Value Fund (the “Multifactor Large Cap Value Fund”)

The assets of each Fund are separate, and a shareholder’s interest is limited to the Fund in which shares are held. The 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 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”.

The Funds commenced operations on May 31, 2019. Each Fund has registered for sale Class R3, Class R4, Class R5, Class R6, Class Y and Class F shares. These classes of shares do not have a sales charge.

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.

Determination of Net Asset Value – The net asset value (“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. 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.

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 the 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.


		22

Hartford Multifactor Funds

Notes to Financial Statements – (continued)

September 30, 2019

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.

•

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.

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.


		23

Hartford Multifactor Funds

Notes to Financial Statements – (continued)

September 30, 2019

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 and additional principal received in-kind in lieu of cash, is accrued on a daily basis.

Taxes – A Fund may be subject to taxes imposed on realized gains on securities of certain foreign countries in which such 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 net investment income or net realized gain on investments in these securities, if applicable.

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.

Joint Trading Account – A Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements.

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 shareholders. 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 the Company’s Board of Directors. Dividends and/or distributions to shareholders are recorded on ex-date. The policy of each Fund is to pay dividends from net investment income and realized gains, if any, at least once a year.

Income dividends and capital gains distributions are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing (see Federal Income Taxes: Distributions and Components of Distributable Earnings and Reclassification of Capital Accounts notes).

3.	Securities and Other Investments:

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.

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.


		24

Hartford Multifactor Funds

Notes to Financial Statements – (continued)

September 30, 2019

Foreign Currency Contracts – A Fund may enter into foreign currency contracts that obligate the Fund to purchase or sell currencies at specified future dates. Foreign currency contracts may be used in connection with settling purchases or sales of securities to hedge the currency exposure associated with some or all of a Fund’s investments and/or as part of an investment strategy. Foreign currency contracts are marked to market daily and the change in value is recorded by a Fund as an unrealized gain or loss. A Fund will record a realized gain or loss when the foreign currency contract is settled.

Foreign currency contracts involve elements of market risk in excess of the amounts reflected in the Statements of Assets and Liabilities. In addition, risks may arise upon entering into these contracts from the potential inability of the counterparties to meet the terms of the contracts and from unanticipated movements in the value of the foreign currencies relative to the U.S. dollar. Upon entering into a foreign currency contract, a Fund may be required to post margin equal to its outstanding exposure thereunder.

During the period ended September 30, 2019, Multifactor International Fund and Multifactor Large Cap Value Fund had not used Foreign Currency Contracts. There were no open contracts at September 30, 2019.

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 period ended September 30, 2019, Multifactor International Fund and Multifactor Large Cap Value Fund had not used Futures Contracts. There were no open contracts at September 30, 2019.

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.

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.

Securities lending involves the risk that a Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. A Fund could also lose money in the event of a decline in the value of the collateral provided for the loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for a Fund that lends its holdings.

6.	Federal Income Taxes:

Each Fund intends 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.


		25

Hartford Multifactor Funds

Notes to Financial Statements – (continued)

September 30, 2019

Net Investment Income (Loss), Net Realized Gains (Losses) and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by each Fund.

Distributions and Components of Distributable Earnings – The tax character of distributions paid by each Fund for the period ended September 30, 2019 is as follows (as adjusted for dividends payable, if applicable):


	For the Period Ended September 30, 2019
Fund	Ordinary Income
Multifactor International Fund		4,357
Multifactor Large Cap Value Fund		—

As of September 30, 2019, the components of distributable earnings (deficit) for each Fund on a tax basis are as follows:


Fund	Undistributed Ordinary Income		Undistributed Long-Term Capital Gain		Unrealized Appreciation (Depreciation) on Investments		Total Accumulated Earnings (Deficit)
Multifactor International Fund		41,864		—		46,231		88,095
Multifactor Large Cap Value Fund		27,753		157		60,640		88,550

Reclassification of Capital Accounts – The Funds may record reclassifications in their capital accounts. These reclassifications have no impact on the total net assets of the Funds. Adjustments are made to reflect the impact these items have on current and future distributions to shareholders. Therefore, the source of the Funds’ distributions may be shown in the accompanying Statements of Changes in Net Assets as from distributable earnings or from capital depending on the type of book and tax differences that exist. For the period ended September 30, 2019, the Funds recorded reclassifications to increase (decrease) the accounts listed below:


Fund	Paid-in-Capital			Distributable Earnings (Loss)
Multifactor International Fund		(188	)		188
Multifactor Large Cap Value Fund		(193	)		193

Tax Basis of Investments – The aggregate cost of investments for federal income tax purposes at September 30, 2019 is different from book purposes primarily due to wash sale loss deferrals and passive foreign investment company (PFIC) mark-to market adjustments. The net unrealized appreciation/(depreciation) on investments for tax purposes, which consists of gross unrealized appreciation and depreciation, was also different from book purposes primarily due to wash sale loss deferrals and mark-to-market adjustments on futures and PFICs. Both the cost and unrealized appreciation and depreciation for federal income tax purposes are disclosed below:


Fund	Tax Cost		Gross Unrealized Appreciation		Gross Unrealized Depreciation			Net Unrealized Appreciation/ (Depreciation)
Multifactor International Fund		3,081,354		134,399		(88,142	)		46,257
Multifactor Large Cap Value Fund		1,068,390		70,592		(9,952	)		60,640

Capital Loss Carryforward – The Funds had no capital loss carryforwards for U.S. federal income tax purposes as of September 30, 2019.

Accounting for Uncertainty in Income Taxes – Pursuant to provisions set forth by U.S. GAAP, Hartford Funds Management Company, LLC (“HFMC”) reviews each Fund’s tax positions for all open tax years. As of September 30, 2019, HFMC had reviewed the open tax years and concluded that there was no reason to record a liability for net unrecognized tax obligations relating to uncertain income tax positions. Each Fund files U.S. tax returns. Although the statute of limitations for examining a Fund’s U.S. tax returns remains open for 3 years, no examination is currently in progress. The Funds recognize interest and penalties, if any, related to unrecognized tax benefits as income tax expense on the Statements of Operations. During the period ended September 30, 2019, the Funds did not incur any interest or penalties. HFMC is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax obligations will significantly change in the next twelve months.


		26

Hartford Multifactor Funds

Notes to Financial Statements – (continued)

September 30, 2019

7.	Expenses:

Investment Advisory Agreement – Lattice Strategies LLC (the “Adviser” or “Lattice”) serves as each Fund’s investment adviser pursuant to an Investment Advisory Agreement with the Company. Lattice is a wholly owned subsidiary of Hartford Funds Management Company, LLC, which is an indirect subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”). Lattice has overall investment supervisory responsibility for each Fund. In addition, Lattice provides administrative personnel, services, equipment, facilities and office space for proper operation of each Fund. Lattice has contracted with Mellon Investments Corporation (“Mellon”) under a sub-advisory agreement pursuant to which Mellon performs the daily investment of the assets of each Fund in accordance with each Fund’s investment objective and policies. Each Fund pays a fee to Lattice, a portion of which may be used to compensate Mellon.

The schedule below reflects the rates of compensation paid to Lattice for investment advisory services rendered as of September 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
Multifactor International Fund		0.290% on first $1 billion and;
		0.280% over $1 billion

Multifactor Large Cap Value Fund		0.190% on first $1 billion and;
		0.180% over $1 billion

Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of each Fund, 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.


Average Daily Net Assets	Annual Fees
First $3.5 billion and;		0.018%
Next $3.5 billion and		0.014%
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.

Operating Expenses – Allocable expenses incurred by the Company are allocated to each series of the 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. As of September 30, 2019, Lattice contractually limited the total operating expenses (exclusive of taxes, interest expense, brokerage commissions, acquired fund fees and expenses and extraordinary expenses) through May 31, 2020 as follows:


	Expense Limit as a Percentage of Average Daily Net Assets
Fund	Class R3			Class R4			Class R5			Class R6			Class Y			Class F
Multifactor International Fund		1.04	%		0.74	%		0.44	%		0.34	%		0.44	%		0.34	%
Multifactor Large Cap Value Fund		0.94	%		0.64	%		0.34	%		0.24	%		0.34	%		0.24	%

Distribution and Service Plan for Class R3 and R4 Shares – The Board of Directors has approved the adoption of a separate distribution plan (each, a “Plan”) pursuant to Rule 12b-1 under the 1940 Act for Class R3 and Class R4 shares. Under a Plan, Class R3 and Class R4 shares of a Fund, as applicable, bear distribution and/or service fees paid to Hartford Funds Distributors, LLC (“HFD”), some of which may be paid to select broker-dealers. Pursuant to the Class R3 Plan, a Fund may pay HFD a fee of up to 0.50% of the average daily net assets attributable to Class R3 shares for distribution financing activities, and up to 0.25% may be used for shareholder account servicing activities. Pursuant to the Class R4 Plan, a Fund may pay HFD a fee of up to 0.25% of the average daily net assets attributable to Class R4 shares for distribution financing activities. The entire amount of the fee may be used for shareholder account servicing activities. Each Fund’s 12b-1 fees are accrued daily and paid monthly or at such other intervals as the Company’s Board of Directors may determine. Any 12b-1 fees not paid to a broker-dealer are reimbursed to the Funds by HFD.

Other Related Party Transactions – Certain officers of the Company are directors and/or officers of Lattice, HFMC and/or The Hartford or its subsidiaries. For the period ended September 30, 2019, a portion of the Company’s Chief Compliance Officer’s (“CCO”) compensation was paid by all of the investment companies in the Hartford Funds’ fund complex.

For the period ended September 30, 2019, the Funds did not pay any CCO compensation.

Hartford Administrative Services Company (“HASCO”), an indirect subsidiary of The Hartford, provides transfer agent services to each Fund. Each Fund pays HASCO a transfer agency fee payable monthly based on the lesser of (i) the costs of providing or overseeing transfer agency services provided to each share class of such Fund plus a target profit margin or (ii) a Specified Amount (as defined in the table below). Such fee


		27

Hartford Multifactor Funds

Notes to Financial Statements – (continued)

September 30, 2019

is intended to compensate HASCO for: (i) fees payable by HASCO to DST Asset Manager Solutions, Inc. (“DST”) (and any other designated sub-agent) according to the agreed-upon fee schedule under the sub-transfer agency agreement between HASCO and DST (or between HASCO and any other designated sub-agent, as applicable); (ii) sub-transfer agency fees payable by HASCO to financial intermediaries, according to the agreed-upon terms between HASCO and the financial intermediaries, provided that such payments are within certain limits approved by the Company’s Board of Directors; (iii) certain expenses that HASCO’s parent company, Hartford Funds Management Group, Inc., allocates to HASCO that relate to HASCO’s transfer agency services provided to the Fund; and (iv) a target profit margin.


Share Class	Specified Amount (as a percentage average daily net assets)
Class R3		0.22	%
Class R4		0.17	%
Class R5		0.12	%
Class R6		0.004	%
Class Y		0.11	%
Class F		0.004	%

Pursuant to a sub-transfer agency agreement between HASCO and DST, HASCO has delegated certain transfer agent, dividend disbursing agent and shareholder servicing agent functions to DST. Each Fund does not pay any fee directly to DST; rather, HASCO makes all such payments to DST. These fees are accrued daily and paid monthly.

For the period ended September 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 R3

Class R4

Class R5

Class R6

Class Y

Class F

Multifactor International Fund

0.00

Multifactor Large Cap Value Fund

0.00

Rounds to less than .005%

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 September 30, 2019, the following Fund 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⁾
Multifactor International Fund	$	145	$	—	$	156

⁽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.


		28

Hartford Multifactor Funds

Notes to Financial Statements – (continued)

September 30, 2019

9.	Affiliate Holdings:

As of September 30, 2019, affiliates of The Hartford had ownership of shares in each Fund as follows:

Percentage of a Class:


Fund	Class R3			Class R4			Class R5			Class R6			Class Y			Class F
Multifactor International Fund		100	%		100	%		100	%		100	%		100	%		100	%
Multifactor Large Cap Value Fund		100	%		100	%		100	%		100	%		100	%		100	%

Percentage of Fund by Class:


Fund	Class R3			Class R4			Class R5			Class R6			Class Y			Class F
Multifactor International Fund		3	%		3	%		34	%		34	%		23	%		3	%
Multifactor Large Cap Value Fund		10	%		10	%		20	%		30	%		20	%		10	%

10.

Investment Transactions:

For the period ended September 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		Total Cost of Purchases		Total Sales Proceeds
Multifactor International Fund	$	3,639,678	$	568,000	$	3,639,678	$	568,000
Multifactor Large Cap Value Fund		1,380,466		332,046		1,380,466		332,046

11.

Capital Share Transactions:

The following information is for the period ended September 30, 2019:


	For the Period Ended September 30, 2019⁽¹⁾
	Shares			Amount
Multifactor International Fund
Class R3
Shares Sold		10,001		$	100,010
Shares Issued for Reinvested Dividends		9			94
Shares Redeemed		(1	)		(10	)

Net Increase (Decrease)		10,009			100,094

Class R4
Shares Sold		10,001		$	100,010
Shares Issued for Reinvested Dividends		11			119
Shares Redeemed		(1	)		(10	)

Net Increase (Decrease)		10,011			100,119

Class R5
Shares Sold		100,001		$	1,000,010
Shares Issued for Reinvested Dividends		139			1,447
Shares Redeemed		(1	)		(10	)

Net Increase (Decrease)		100,139			1,001,447

Class R6
Shares Sold		100,001		$	1,000,010
Shares Issued for Reinvested Dividends		147			1,532
Shares Redeemed		(1	)		(10	)

Net Increase (Decrease)		100,147			1,001,532

Class Y
Shares Sold		70,001		$	700,010
Shares Issued for Reinvested Dividends		97			1,012
Shares Redeemed		(1	)		(10	)

Net Increase (Decrease)		70,097			701,012


		29

Hartford Multifactor Funds

Notes to Financial Statements – (continued)

September 30, 2019


	For the Period Ended September 30, 2019⁽¹⁾
	Shares			Amount
Multifactor International Fund – (continued)
Class F
Shares Sold		10,001		$	100,010
Shares Issued for Reinvested Dividends		15			153
Shares Redeemed		(1	)		(10	)

Net Increase (Decrease)		10,015			100,153

Total Net Increase (Decrease)		300,418		$	3,004,357


Multifactor Large Cap Value Fund
Class R3
Shares Sold		10,001		$	100,010
Shares Redeemed		(1	)		(10	)

Net Increase (Decrease)		10,000			100,000

Class R4
Shares Sold		10,001		$	100,010
Shares Redeemed		(1	)		(10	)

Net Increase (Decrease)		10,000			100,000

Class R5
Shares Sold		20,001		$	200,010
Shares Redeemed		(1	)		(10	)

Net Increase (Decrease)		20,000			200,000

Class R6
Shares Sold		30,001		$	300,010
Shares Redeemed		(1	)		(10	)

Net Increase (Decrease)		30,000			300,000

Class Y
Shares Sold		20,001		$	200,010
Shares Redeemed		(1	)		(10	)

Net Increase (Decrease)		20,000			200,000

Class F
Shares Sold		10,001		$	100,010
Shares Redeemed		(1	)		(10	)

Net Increase (Decrease)		10,000			100,000

Total Net Increase (Decrease)		100,000		$	1,000,000

⁽¹⁾

Commenced operations on May 31, 2019.

12.

Indemnifications:

Under the 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, the Company, on behalf of each Fund, may enter into contracts that contain a variety of indemnifications. The Company’s maximum exposure under these arrangements is unknown. However, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

13.

Recent Accounting Pronouncement:

The FASB recently 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. Management is currently evaluating the implication, if any, of additional disclosure and its impact on the Funds’ financial statements.

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


		30

Hartford Multifactor Funds

Notes to Financial Statements – (continued)

September 30, 2019

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.

14.

Subsequent Events:

In connection with the preparation of the financial statements of the Funds as of and for the period ended September 30, 2019, events and transactions subsequent to September 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 event requiring financial statement disclosure has been identified.

Effective January 1, 2020, the Fund Accounting Agreement with respect to each Fund will be modified to reflect a new fee structure. Under this revised fee structure, HFMC will be entitled to receive the following fee with respect to each Fund: the sub-accounting fee payable by HFMC to State Street plus the amount of expenses that HFMC allocates for providing the fund accounting services. Each Fund’s fund accounting fees will continue to be accrued daily and paid monthly.


		31

Report of Independent Registered Public Accounting Firm

To the Shareholders of

Hartford Multifactor International Fund and Hartford Multifactor Large Cap Value Fund and the Board of Directors of Hartford Mutual Funds II, Inc.

Opinion on the Financial Statements

We have audited the accompanying statements of assets and liabilities of Hartford Multifactor International Fund and Hartford Multifactor Large Cap Value Fund (collectively referred to as the “Funds”), (two of the series constituting Hartford Mutual Funds II, Inc (the “Company”)), including the schedules of investments, as of September 30, 2019, and the related statements of operations and changes in net assets, and the financial highlights for the period from May 31, 2019 (commencement of operations) through September 30, 2019, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds (two of the series constituting Hartford Mutual Funds II, Inc.) at September 30, 2019, the results of their operations, changes in net assets and financial highlights for the period from May 31, 2019 (commencement of operations) through September 30, 2019, in conformity with U.S. generally accepted accounting principles.

Basis for Opinion

These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on each of the Funds’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of the Company’s internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of September 30, 2019, by correspondence with the custodian and others or by other appropriate auditing procedures where replies from others were not received. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

LOGO

We have served as the auditor of one or more Hartford investment companies since 2002.

Philadelphia, Pennsylvania

November 26, 2019


		32

Hartford Multifactor Funds

Directors and Officers of the Company (Unaudited)

The Hartford Mutual Funds II, Inc. (the “Company”) is governed by a Board of Directors (the “Directors”). The following tables present certain information regarding the Directors and officers of the Company as of September 30, 2019. For more information regarding the Directors and officers, please refer to the Statement of Additional Information, which is available, without charge, upon request by calling 1-888-843-7824.


NAME, YEAR OF BIRTH AND ADDRESS⁽¹⁾	POSITION HELD WITH THE COMPANY	TERM OF OFFICE⁽²⁾ AND LENGTH OF TIME SERVED	PRINCIPAL OCCUPATION(S) DURING PAST 5 YEARS	NUMBER OF PORTFOLIOS IN FUND COMPLEX⁽³⁾ OVERSEEN BY DIRECTOR	OTHER DIRECTORSHIPS FOR PUBLIC COMPANIES AND OTHER REGISTERED INVESTMENT COMPANIES HELD BY DIRECTOR
NON-INTERESTED DIRECTORS

HILARY E. ACKERMANN (1956)	Director	Since 2014	Ms. Ackermann served as Chief Risk Officer at Goldman Sachs Bank USA from October 2008 to November 2011. Ms. Ackermann has served as a Director of Vistra Energy Corporation, formerly known as Dynegy, Inc. (an independent power company) since October 2012 and as a Director of Credit Suisse Holdings (USA), Inc. since January 2017.	81	Ms. Ackermann serves as a Director of Vistra Energy Corporation (October 2012 to present) and as a Director of Credit Suisse Holdings (USA), Inc. from January 2017 to present.

ROBIN C. BEERY (1967)	Director	Since 2017	Ms. Beery has served as a consultant to ArrowMark Partners (an alternative asset manager) since March of 2015 and since November 2018 has been employed by ArrowMark Partners as a Senior Advisor. Previously, she was Executive Vice President, Head of Distribution, for Janus Capital Group, and Chief Executive Officer and President of the Janus Mutual Funds (a global asset manager) from September 2009 to August 2014.	81	Ms. Beery serves as a Director of UMB Financial Corporation (January 2015 to present).

LYNN S. BIRDSONG (1946)⁽⁴⁾	Director and Chairman of the Board	Director since 2003; Chairman since August 2019	Mr. Birdsong currently serves as a Director of Aberdeen Global and Aberdeen Global II (investment funds) (since September 2014), Aberdeen Islamic SICAV and Aberdeen Liquidity Fund (investment funds) (since 2016), and Aberdeen Alpha Fund (since December 2017). Mr. Birdsong served as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (April 2003 to February 2015) and as a Director of the Sovereign High Yield Investment Company (April 2010 to June 2014). From 2003 to March 2005, Mr. Birdsong was an Independent Director of the Atlantic Whitehall Funds. From 1979 to 2002, Mr. Birdsong was a Managing Director of Zurich Scudder Investments, an investment management firm. During his employment with Scudder, Mr. Birdsong was an Interested Director of The Japan Fund. From January 1981 through December 2013, Mr. Birdsong was a partner in Birdsong Company, an advertising specialty firm.	81	None

CHRISTINE R. DETRICK (1958)	Director	Since 2016	Ms. Detrick has served as a Director of Reinsurance Group of America since January 2014. Previously, she was a director of Forest City Realty Trust (a real estate company) from November 2014 to March 2018, a Director of Forethought Financial Group, Inc. (a financial services company) from January 2012 to January 2014, and a Senior Partner/Advisor at Bain & Company (a management consulting firm) from September 2002 to December 2012.	81	Ms. Detrick serves as a Director of Reinsurance Group of America (January 2014 to present).

DUANE E. HILL (1945)	Director	Since 2002	Mr. Hill is a Partner of TSG Ventures L.P., a private equity investment company. Mr. Hill is a former partner of TSG Capital Group, a private equity investment firm that served as sponsor and lead investor in leveraged buyouts of middle market companies.	81	None


		33

Hartford Multifactor Funds

Directors and Officers of the Company (Unaudited) – (continued)


NAME, YEAR OF BIRTH AND ADDRESS⁽¹⁾	POSITION HELD WITH THE COMPANY	TERM OF OFFICE⁽²⁾ AND LENGTH OF TIME SERVED	PRINCIPAL OCCUPATION(S) DURING PAST 5 YEARS	NUMBER OF PORTFOLIOS IN FUND COMPLEX⁽³⁾ OVERSEEN BY DIRECTOR	OTHER DIRECTORSHIPS FOR PUBLIC COMPANIES AND OTHER REGISTERED INVESTMENT COMPANIES HELD BY DIRECTOR

PHILLIP O. PETERSON (1944)⁽⁵⁾	Director	Since 2000	Mr. Peterson is a mutual fund industry consultant. He was a partner of KPMG LLP (an accounting firm) until July 1999. From February 2007 to February 2018, Mr. Peterson served as a member of the Board of Trustees of the William Blair Funds. From February 2012 to February 2014, Mr. Peterson served as a Trustee of Symetra Variable Mutual Funds. From January 2004 to April 2005, Mr. Peterson served as Independent President of the Strong Mutual Funds.	81	None

LEMMA W. SENBET (1946)	Director	Since 2005	Dr. Senbet currently serves as the William E. Mayer Chair Professor of Finance, and previously was the Founding Director, Center for Financial Policy, in the Robert H. Smith School of Business at the University of Maryland. He was chair of the Finance Department Robert H. Smith School of Business at the University of Maryland from 1998 to 2006. In June 2013, he began a sabbatical from the University to serve as Executive Director of the African Economic Research Consortium which focuses on economic policy research and training, which he completed in 2018. Previously, he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was a Director of the Fortis Funds from March 2000 to July 2002. Dr. Senbet served as Director of the American Finance Association and President of the Western Finance Association. In 2006, Dr. Senbet was inducted Fellow of Financial Management Association International for his career-long distinguished scholarship and professional service.	81	None

DAVID SUNG (1953)	Director	Since 2017	Mr. Sung has served as a Director of Nippon Wealth Bank since April 2015 and CITIC-Prudential Fund Management Company, Inc. since January 2016. Mr. Sung is an Independent Director of seven investment funds, including two closed-end registered investment companies, sponsored by Ironwood Capital Management. Previously, he was a Partner at Ernst & Young LLP from October 1995 to July 2014.	81	Mr. Sung serves as a Trustee of Ironwood Institutional Multi-Strategy Fund, LLC and Ironwood Multi-Strategy Fund, LLC (October 2015 to present) (2 portfolios).

OFFICERSAND INTERESTED DIRECTORS

JAMES E. DAVEY⁽⁶⁾ (1964)	Director, President and Chief Executive Officer	President and Chief Executive Officer since 2010; Director since 2012	Mr. Davey serves as Executive Vice President of The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board, Manager, and Senior Managing Director of Hartford Funds Distributors, LLC (“HFD”). He also currently serves as Director, Chairman of the Board, President and Senior Managing Director of Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as President, Manager, Chairman of the Board, and Senior Managing Director for Hartford Funds Management Company, LLC (“HFMC”), and Director, Chairman, President, and Senior Managing Director for Hartford Funds Management Group, Inc. (“HFMG”). Mr. Davey also serves as Manager, Chairman of the Board, and President of Lattice Strategies LLC (since July 2016). Mr. Davey has served in various positions within The Hartford and its subsidiaries in connection with the operation of the Hartford Funds. Mr. Davey joined The Hartford in 2002.	81	None


		34

Hartford Multifactor Funds

Directors and Officers of the Company (Unaudited) – (continued)


NAME, YEAR OF BIRTH AND ADDRESS⁽¹⁾	POSITION HELD WITH THE COMPANY	TERM OF OFFICE⁽²⁾ AND LENGTH OF TIME SERVED	PRINCIPAL OCCUPATION(S) DURING PAST 5 YEARS	NUMBER OF PORTFOLIOS IN FUND COMPLEX⁽³⁾ OVERSEEN BY DIRECTOR	OTHER DIRECTORSHIPS FOR PUBLIC COMPANIES AND OTHER REGISTERED INVESTMENT COMPANIES HELD BY DIRECTOR

ANDREW S. DECKER (1963)	AML Compliance Officer	Since 2015	Mr. Decker serves as Chief Compliance Officer and AML Compliance Officer of HASCO (since April 2015) and Vice President of HASCO (since April 2018). Mr. Decker serves as AML Officer of HFD (since May 2015). Mr. Decker also serves as Vice President of HFMG (since April 2018). Prior to joining The Hartford, Mr. Decker served as Vice President and AML Officer at Janney Montgomery Scott (a broker dealer) from April 2011 to January 2015. Mr. Decker served as AML Compliance and Sanctions Enforcement Officer at SEI Investments from December 2007 to April 2011.	N/A	N/A

AMY N. FURLONG (1979)	Vice President and Treasurer	Since 2018	Ms. Furlong serves as Vice President and Assistant Treasurer of HFMC (since September 2019). Ms. Furlong has served in various positions within The Hartford and its subsidiaries in connection with the operation of the Hartford Funds. Ms. Furlong joined The Hartford in 2004. Prior to joining The Hartford, Ms. Furlong worked at KPMG LLP in audit services.	N/A	N/A

WALTER F. GARGER (1965)	Vice President and Chief Legal Officer	Since 2016	Mr. Garger serves as Secretary, Managing Director and General Counsel of HFD, HASCO, HFMC and HFMG (since 2013). Mr. Garger also serves as Secretary and General Counsel of Lattice Strategies LLC (since July 2016). Mr. Garger has served in various positions within The Hartford and its subsidiaries in connection with the operation of the Hartford Funds. Mr. Garger joined The Hartford in 1995.	N/A	N/A

ALBERT Y. LEE (1979)	Vice President and Assistant Treasurer	Since 2017	Mr. Lee serves as Head of Systemic Strategies and ETF Operations and Senior Vice President of HFMG (since July 2016). Mr. Lee also serves as Senior Vice President of Lattice Strategies LLC (since June 2017). Previously, Mr. Lee served as Managing Director and Chief Operating Officer, Lattice Strategies LLC (2009-2016); Chief Operating Officer at Avicenna Capital Management (2007-2009); and Chief Financial Officer at Steeple Capital LP (2005-2007).	N/A	N/A

THEODORE J. LUCAS (1966)	Vice President	Since 2017	Mr. Lucas serves as Executive Vice President of HFMG (since July 2016) and as Executive Vice President of Lattice Strategies LLC (since June 2017). Previously, Mr. Lucas served as Managing Partner of Lattice Strategies LLC (2003 to 2016).	N/A	N/A

JOSEPH G. MELCHER (1973)	Vice President and Chief Compliance Officer	Since 2013	Mr. Melcher serves as President (since April 2018), Chief Executive Officer (since April 2018) and Executive Vice President (since December 2013) of HFD. He also serves as Executive Vice President of HFMG and HASCO (since December 2013). Mr. Melcher also serves as Executive Vice President (since December 2013) and Chief Compliance Officer (since December 2012) of HFMC. Mr. Melcher also serves as Executive Vice President and Chief Compliance Officer of Lattice Strategies, LLC (since July 2016). Mr. Melcher has served in various positions within The Hartford and its subsidiaries in connection with the operation of the Hartford Funds since joining The Hartford in 2012. Prior to joining The Hartford, Mr. Melcher worked at Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.	N/A	N/A


		35

Hartford Multifactor Funds

Directors and Officers of the Company (Unaudited) – (continued)


NAME, YEAR OF BIRTH AND ADDRESS⁽¹⁾	POSITION HELD WITH THE COMPANY	TERM OF OFFICE⁽²⁾ AND LENGTH OF TIME SERVED	PRINCIPAL OCCUPATION(S) DURING PAST 5 YEARS	NUMBER OF PORTFOLIOS IN FUND COMPLEX⁽³⁾ OVERSEEN BY DIRECTOR	OTHER DIRECTORSHIPS FOR PUBLIC COMPANIES AND OTHER REGISTERED INVESTMENT COMPANIES HELD BY DIRECTOR

VERNON J. MEYER (1964)	Vice President	Since 2006	Mr. Meyer serves as Managing Director and Chief Investment Officer of HFMC and Managing Director of HFMG (since 2013). Mr. Meyer has served in various positions within The Hartford and its subsidiaries in connection with the operation of the Hartford Funds. Mr. Meyer joined The Hartford in 2004.	N/A	N/A

ALICE A. PELLEGRINO (1960)	Vice President and Assistant Secretary	Since 2016	Ms. Pellegrino serves as Vice President of HFMG (since December 2013). Ms. Pellegrino also serves as Vice President and Assistant Secretary of Lattice Strategies LLC (since June 2017). Ms. Pellegrino is a Senior Counsel and has served in various positions within The Hartford and its subsidiaries in connection with the operation of the Hartford Funds. Ms. Pellegrino joined The Hartford in 2007.	N/A	N/A

THOMAS R. PHILLIPS (1960)	Vice President and Secretary	Since 2017	Mr. Phillips currently serves as Vice President (since February 2017) and Assistant Secretary (since June 2017) for HFMG. Mr. Phillips is Deputy General Counsel for HFMG. Prior to joining HFMG in 2017, Mr. Phillips was a Director and Chief Legal Officer of Saturna Capital Corporation from 2014–2016. Prior to that, Mr. Phillips was a Partner and Deputy General Counsel of Lord, Abbett & Co. LLC.	N/A	N/A

⁽¹⁾	The address for each officer and Director is c/o Hartford Funds 690 Lee Road, Wayne, PA 19087.

⁽²⁾	Each Director holds an indefinite term until the earlier of (i) the election and qualification of his or her successor or (ii) when the Director turns 75 years of age. Each officer shall serve until his or her successor is elected and qualifies.

⁽³⁾

The portfolios of the “Fund Complex” are series of The Hartford Mutual Funds, Inc., The Hartford Mutual Funds II, Inc., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., Hartford Funds Master Fund, Lattice Strategies Trust, Hartford Funds Exchange-Traded Trust, Hartford Funds NextShares Trust, and Hartford Schroders Opportunistic Income Fund.

⁽⁴⁾	Effective August 7, 2019, Mr. Birdsong has been appointed as Chairman of the Board.

⁽⁵⁾	Effective December 5, 2019, Mr. Peterson will retire from the Board of Directors.

⁽⁶⁾	“Interested person,” as defined in the 1940 Act, of the Company because of the person’s affiliation with, or equity ownership of, HFMC, HFD or affiliated companies.


		36

Hartford Multifactor 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.


		37

Hartford Multifactor Funds

Approval of Investment Management and Investment Sub-Advisory Agreements (Unaudited)

The Hartford Mutual Funds II, Inc.

Hartford Multifactor International Fund

Hartford Multifactor Large Cap Value Fund

Section 15(c) of the Investment Company Act of 1940, as amended (the “1940 Act”), requires that each mutual fund’s board of directors, including a majority of those directors who are not “interested persons” of the mutual fund, as defined in the 1940 Act (the “Independent Directors”), initially approve, and annually review and consider the continuation of, the mutual fund’s investment advisory and sub-advisory agreements. At its meeting held on April 30 – May 1, 2019, the Board of Directors (the “Board”) of The Hartford Mutual Funds II, Inc., including each of the Independent Directors, unanimously voted to approve for an initial two-year period an investment management agreement for Hartford Multifactor International Fund and Hartford Multifactor Large Cap Value Fund (each, a “Fund” and collectively, the “Funds”) with Lattice Strategies LLC (“Lattice Strategies”), a wholly owned subsidiary of Hartford Funds Management Company, LLC (“HFMC”), and a separate investment sub-advisory agreement between Lattice Strategies and the Funds’ sub-adviser, Mellon Investments Corporation (the “Sub-adviser,” and together with Lattice Strategies, the “Advisers”) on behalf of the Funds (collectively, the “Agreements”).

Prior to approving the Agreements, the Board requested and reviewed written responses from the Advisers to questions posed to them on behalf of the Independent Directors and supporting materials relating to those questions and responses (the “Advisers Materials”). In addition, the Board and its Investment Committee considered the materials and presentations from representatives of Lattice Strategies received at meetings held on February 5-6, 2019 and April 30 – May 1, 2019 regarding each Fund and its investment strategy.

In determining whether to approve the Agreements for each Fund, the members of the Board reviewed and evaluated information and factors they believed to be relevant and appropriate through the exercise of their reasonable business judgment. While individual members of the Board may have weighed certain factors differently, the Board’s determination to approve the Agreements was based on a comprehensive consideration of all information provided to the Board with respect to the approval of the Agreements. The Board was also furnished with an analysis of its fiduciary obligations in connection with its evaluation of the Agreements and was assisted by counsel for the Company. The Independent Directors were also separately assisted by independent legal counsel throughout the evaluation process. A more detailed summary of the important, but not necessarily all, factors the Board considered with respect to its approval of the Agreements is provided below.

Nature, Extent and Quality of Services to be Provided by the Advisers

The Board requested and considered information concerning the nature, extent and quality of the services to be provided to each Fund by the Advisers. The Board considered, among other things, the terms of the Agreements and the range of services to be provided by each Adviser. The Board considered each Adviser’s organizational structure, systems and personnel. The Board also considered each Adviser’s reputation and overall financial strength and the Board members’ past experience with each Adviser with respect to the services it provides to other funds managed by Lattice Strategies and its affiliates (the “Hartford Funds”). The Board also considered that, although the Funds would be the first strategic beta mutual funds managed by Lattice Strategies, Lattice Strategies had extensive experience managing strategic beta exchange-traded funds (“ETFs”), including ETFs with similar or substantially similar principal investment strategies to those proposed for the Funds.

With respect to Lattice Strategies, the Board noted that, under the Agreements, Lattice Strategies would be responsible for the management of each Fund, including oversight of fund operations and service providers. The Board also noted that Lattice Strategies would provide administrative services to the Funds as well as investment advisory services in connection with selecting, monitoring and supervising the Funds’ sub-adviser, and that Lattice Strategies had recommended to the Board that the Sub-adviser be appointed as the sub-adviser to each Fund. In this regard, the Board evaluated information about the nature and extent of responsibilities retained and risks assumed by Lattice Strategies and not delegated to, or assumed by, the Sub-adviser. The Board considered that Lattice Strategies is responsible for the creation, maintenance and ongoing monitoring of each Fund’s custom proprietary benchmark index. The Board also considered the proposed services to be provided by Lattice Strategies and, in its consideration of these services, the Board noted Lattice Strategies’ and its affiliates’ ongoing monitoring of people, process and performance, including its quarterly reviews of each of the Hartford Funds, semi-annual meetings with the leaders of each Hartford Fund’s portfolio management team, and oversight of the portfolio managers to the Hartford Funds. The Board considered that Lattice Strategies would oversee the Sub-adviser’s investment approach and results, process for monitoring best execution of portfolio trades and other trading operations by the Sub-adviser and approach to risk management with respect to each Fund and the service providers to the Funds. The Board also considered that Lattice Strategies would oversee each Fund’s compliance with its investment objective and policies as well as with applicable laws and regulations. In addition, the Board considered that Lattice Strategies or its affiliates would be responsible for providing the Funds’ officers.

With respect to the Sub-adviser, which would be responsible for the daily investment of the assets of each Fund, subject to oversight by Lattice Strategies, among the other services set forth in the sub-advisory agreement, the Board considered the Sub-adviser’s investment philosophy and process, investment research capabilities and resources, performance record, trade execution capabilities and experience.

The Board also considered information previously provided by the Advisers regarding their compliance policies and procedures and compliance history, and received a representation from Lattice Strategies that the written compliance policies and procedures of each of Lattice Strategies and the Sub-adviser are reasonably designed to prevent violations of the federal securities laws. In addition, the Board considered Lattice Strategies’


		38

Hartford Multifactor Funds

Approval of Investment Management and Investment Sub-Advisory Agreements (Unaudited) – (continued)

representation that it did not anticipate making any material changes to Lattice Strategies’ and the Hartford Funds’ compliance program as a result of the addition of the Funds.

In considering this information, the Board evaluated not only the information presented to the Board and the Investment Committee in connection with its consideration of the Agreements, but also the Board members’ experience through past interactions with Lattice Strategies and the Sub-adviser. Based on these considerations, the Board concluded that it was satisfied with the nature, extent and quality of the services to be provided to the Funds by Lattice Strategies and the Sub-adviser.

Performance of the Sub-adviser

The Board considered the investment performance of the Sub-adviser and its portfolio management team, including, for purposes of considering the investment skill and experience of the Hartford Multifactor Large Cap Value Fund’s portfolio managers, performance data showing the portfolio management team’s capabilities in managing a substantially similar separate account (the “Related Large Cap Value Account”) and the Hartford Multifactor US Equity ETF (the “Related Large Cap Value Fund”), a series of Lattice Strategies Trust. The Board considered that the Related Large Cap Value Account and the Related Large Value Fund are the only accounts subadvised by Mellon and advised by Lattice Strategies or HFMC in Lattice Strategies’ and HFMC’s Multifactor Large Cap Value investment strategy that has investment objectives, policies and strategies similar or substantially similar to those of Hartford Multifactor Large Cap Value Fund. The Board noted that each of the Hartford Multifactor Large Cap Value Fund and the Related Large Cap Value Account seeks to provide investment results that correspond to the total return performance of the Hartford Multifactor Large Cap Value Index (HMLCVX), while the Related Large Cap Value Fund seeks to provide investment results that correspond to the total return performance of a slightly different custom proprietary benchmark index.

For purposes of considering the investment skill and experience of the Hartford Multifactor International Fund’s portfolio managers, the Board considered performance data showing the portfolio management team’s capabilities in managing Hartford Multifactor Developed Markets (ex-US) ETF (the “Related International Fund”), a series of Lattice Strategies Trust. The Board considered that the Related International Fund is the only account subadvised by Mellon and advised by Lattice Strategies in Lattice Strategies’ Multifactor Developed Markets (ex-US) investment strategy that has investment objectives, policies and strategies substantially similar to those of Hartford Multifactor International Fund. The Board also considered that each of the Hartford Multifactor International Fund and the Related International Fund seeks to provide investment results that correspond to the total return performance of the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index (LRODMX).

The Board also considered information comparing the Related Large Cap Value Account’s, the Related Large Cap Value Fund’s and the Related International Fund’s performance data to each respective Fund’s proposed custom proprietary benchmark index, including the applicable tracking difference thereof and explanations of the factors contributing to such tracking difference. The Board also considered information with respect to the general tracking difference ranges established for the Funds. Moreover, the Board considered Lattice Strategies’ assessment of the quality of each Fund’s proposed custom proprietary benchmark index.

Based on these considerations, the Board concluded that it was satisfied that Lattice Strategies and the Sub-adviser have the capability of providing satisfactory investment performance for each Fund.

Costs of the Services and Profitability of the Advisers

In considering the proposed advisory and sub-advisory fee schedules for each Fund, the Board reviewed information regarding Lattice Strategies’ estimated costs to provide investment management and related services to the Fund and the estimated profitability to Lattice Strategies and its affiliates from all services to be provided to the Fund and all aspects of their relationships with the Fund. In evaluating Lattice Strategies’ estimated profitability, the Board also considered Lattice Strategies’ representation that the level of estimated profitability of each Fund, taking into consideration the revenue and expenses of the Fund, was fair and reasonable based on the nature and quality of the services to be provided to shareholders. The Board also noted that the actual profitability of each Fund to Lattice Strategies would depend on the growth of the Fund’s assets under management. The Board considered representations from Lattice Strategies and the Sub-adviser that the Sub-adviser’s fees were negotiated at arm’s length and that the sub-advisory fees would be paid by Lattice Strategies and not the Funds. Accordingly, the Board concluded that the profitability of the Sub-adviser is a less relevant factor with respect to the Board’s consideration of the sub-advisory agreement.

Based on these considerations, the Board concluded that the profits anticipated to be realized by the Advisers and their affiliates from their relationships with each Fund would not be excessive.

Comparison of Fees and Services to be Provided by the Advisers

The Board considered comparative information that had been provided at meetings on April 30 – May 1, 2019 with respect to the management fees to be paid by each Fund to Lattice Strategies and the expected total expense ratios of the Fund. The Board also considered the proposed sub-advisory fees to be paid by Lattice Strategies to the Sub-adviser with respect to each Fund. In this regard, the Board requested and reviewed information from Lattice Strategies and the Sub-adviser relating to the proposed management and sub-advisory fees and expected total operating expenses for the Funds. The Board also reviewed information comparing each Fund’s proposed management fees and expected total expenses relative to an


		39

Hartford Multifactor Funds

Approval of Investment Management and Investment Sub-Advisory Agreements (Unaudited) – (continued)

appropriate group of peer funds (each, a “Peer Group”) identified by Broadridge Financial Solutions, Inc. (“Broadridge”), an independent provider of investment company data. As part of this review, the Board considered the composition and methodology used to select each Peer Group, which included input from an independent financial services consultant engaged by the Independent Directors to assist them in evaluating each Fund’s proposed management and sub-advisory fees and estimated overall expense ratios. The Board considered the inherent limitations of such comparisons in light of uncertainty as to how the fees of other funds in each Peer Group are set and potentially material differences between each Fund and its comparable mutual funds. The Board considered that each Fund’s Peer Group is an imprecise match for the Fund because each Peer Group consisted of institutional share classes of actively managed mutual funds. In addition, the Board reviewed information comparing each Fund’s proposed management fees and expected total expenses relative to a supplemental group of peer funds (each, a “Supplemental Peer Group”) identified by Broadridge, which consisted solely of strategic beta exchange-traded funds. The Board also considered that Lattice Strategies had contractually agreed to limit the expenses for (i) the Hartford Multifactor International Fund’s Class R3, Class R4, Class R5, Class R6, Class Y and Class F shares to 1.04%, 0.74%, 0.44%, 0.34%, 0.44% and 0.34%, respectively; and (ii) the Hartford Multifactor Large Cap Value Fund’s Class R3, Class R4, Class R5, Class R6, Class Y and Class F shares to 0.94%, 0.64%, 0.34%, 0.24%, 0.34% and 0.24%, respectively. The Board noted that each arrangement would be in place through May 31, 2020 and would automatically renew on an annual basis unless Lattice Strategies provides written notice of termination prior to the start of the next term or upon approval of the Board.

In considering the reasonableness of each Fund’s proposed management and sub-advisory fees and projected total expense ratios, the Board considered that, according to the information provided by Broadridge, each Fund’s proposed weighted management fees were below the average and median of its Peer Group and Supplemental Peer Group for all asset levels. The Board further considered that each Fund’s proposed weighted management fees and estimated total expense ratio for Class R6 shares fell within the 1^st quintile of its Peer Group and Supplemental Peer Group for all asset levels.

The Board received information regarding fees charged by Lattice Strategies to the Related Large Cap Value Fund and the Related International Fund. The Board reviewed information about structural, operational and other differences between the Funds and the Related Large Cap Value Fund and the Related International Fund, including differences in the services provided by Lattice Strategies to each type of product and differences in the marketplace in which each type of product must compete.

Based on these considerations, the Board concluded that each Fund’s proposed fees and projected total operating expenses, in conjunction with the information about quality of services, profitability, economies of scale, and other matters discussed, were reasonable in light of the services to be provided.

Economies of Scale

The Board considered information regarding the extent to which economies of scale may be realized as each Fund grows and whether the Funds’ corresponding fee levels reflect these economies of scale for the benefit of the Funds’ future shareholders. The Board reviewed the breakpoint in the proposed management fee schedule for each Fund, which would reduce the fee rate as Fund assets grow over time. The Board considered Lattice Strategies’ representation that each Fund could be expected to share in the benefits from economies of scale as assets in the Fund grow. The Board recognized that a fund with assets beyond the highest breakpoint level would continue to benefit from economies of scale because additional assets are charged the lowest breakpoint fee resulting in lower overall effective management fee rates. The Board recognized that a fee schedule that reaches a lower breakpoint quickly provides shareholders with the benefit of anticipated or potential economies of scale. The Board also considered that expense limitations that reduce each Fund’s expenses at all asset levels can have the same effect as breakpoints in sharing economies of scale with shareholders and provide protection from an increase in expenses if Fund assets decline. The Board also considered that Lattice Strategies and its affiliates have been active in managing expenses for the Hartford Funds. In addition, the Board considered that initially setting competitive fee rates and pricing each Fund to scale at inception are other means of sharing potential economies of scale with shareholders.

The Board also considered how any benefits from economies of scale would be realized by the various parties. The Board reviewed relevant information included in the Advisers Materials regarding comparative breakpoint information for other funds in each Peer Group. Based on these considerations, the Board concluded that it was satisfied with the extent to which economies of scale would be shared for the benefit of each Fund’s future shareholders. The Board noted, however, that it would review future growth in each Fund’s assets and the appropriateness of additional management fee breakpoints as part of its future annual review of the Agreements.

Other Benefits

The Board considered other benefits to the Advisers and their affiliates from their relationships with the Funds.

The Board noted that HFMC would receive fees for fund accounting and related services from the Funds. The Board also considered that Hartford Administrative Services Company, the Funds’ transfer agent and an affiliate of Lattice Strategies, would receive transfer agency compensation from the Funds.

The Board also considered that Hartford Funds Distributors, LLC (“HFD”), an affiliate of Lattice Strategies, would serve as principal underwriter of the Funds. The Board noted that its principal underwriter, HFD would receive distribution and service fees from the Funds.


		40

Hartford Multifactor Funds

Approval of Investment Management and Investment Sub-Advisory Agreements (Unaudited) – (continued)

The Board considered the benefits to each Fund’s future shareholders of being part of the Hartford Funds family of funds, including the right to exchange investments between the same class of funds, the ability to reinvest Fund dividends into other Hartford Funds, and the ability to combine holdings in certain shares classes of each Fund with holdings in certain share classes of the other Hartford Funds to obtain a reduced sales charge for Class A shares of such other Hartford Funds. The Board considered Lattice Strategies’ efforts to provide investors in the Hartford Funds family with a broad range of investment opportunities and the assumption of entrepreneurial and other risks by Lattice Strategies in sponsoring new funds to expand these opportunities for shareholders.

* * * *

Based upon its review of these various factors, among others, the Board concluded that it is in the best interests of each Fund for the Board to approve the Agreements. In reaching this decision, the Board did not assign relative weights to the factors discussed above or deem any one or group of them to be controlling in and of themselves. In connection with their deliberations, the Independent Directors met separately in executive session with independent legal counsel to review the relevant materials and consider their responsibilities under relevant laws and regulations.


		41

THIS PRIVACY POLICY IS NOT PART OF THIS REPORT

CUSTOMER PRIVACY NOTICE

The Hartford Financial Services Group, Inc. and Affiliates*

(herein called “we, our, and us”)

This Privacy Policy applies to our United States Operations

We value your trust. We are committed to the responsible:

a) management;

b) use; and

c) protection;

of Personal Information.

This notice describes how we collect, disclose, and protect Personal Information.

We collect Personal Information to:

a) service your Transactions with us; and

b) support our business functions.

We may obtain Personal Information from:

a) You;

b) your Transactions with us; and

c) third parties such as a consumer-reporting agency.

Based on the type of product or service You apply for or get from us, Personal Information such as:

a) your name;

b) your address;

c) your income;

d) your payment; or

e) your credit history;

may be gathered from sources such as applications, Transactions, and consumer reports.

To serve You and service our business, we may share certain Personal Information. We will share Personal Information, only as allowed by law, with affiliates such as:

a) our insurance companies;

b) our employee agents;

c) our brokerage firms; and

d) our administrators.

As allowed by law, we may share Personal Financial Information with our affiliates to:

a) market our products; or

b) market our services;

to You without providing You with an option to prevent these disclosures.

We may also share Personal Information, only as allowed by law, with unaffiliated third parties including:

a) independent agents;

b) brokerage firms;

c) insurance companies;

d) administrators; and

e) service providers;

who help us serve You and service our business.

When allowed by law, we may share certain Personal Financial Information with other unaffiliated third parties who assist us by performing services or functions such as:

a) taking surveys;

b) marketing our products or services; or

c) offering financial products or services under a joint agreement between us and one or more financial institutions.

We, and third parties we partner with, may track some of the pages You visit through the use of:

a) cookies;

b) pixel tagging; or

c) other technologies;

and currently do not process or comply with any web browser’s “do not track” signal or other similar mechanism that indicates a request to disable online tracking of individual users who visit our websites or use our services.

For more information, our Online Privacy Policy, which governs information we collect on our website and our affiliate websites, is available at https://www.thehartford.com/online-privacy-policy.

We will not sell or share your Personal Financial Information with anyone for purposes unrelated to our business functions without offering You the opportunity to:

a) “opt-out;” or

b) “opt-in;”

as required by law.

We only disclose Personal Health Information with:

a) your authorization; or

b) as otherwise allowed or required by law.

Our employees have access to Personal Information in the course of doing their jobs, such as:

a) underwriting policies;

b) paying claims;

c) developing new products; or

d) advising customers of our products and services.

We use manual and electronic security procedures to maintain:

a) the confidentiality; and

b) the integrity of;

Personal Information that we have. We use these procedures to guard against unauthorized access.

Some techniques we use to protect Personal Information include:

a) secured files;

b) user authentication;

c) encryption;

d) firewall technology; and

e) the use of detection software.

We are responsible for and must:

a) identify information to be protected;

b) provide an adequate level of protection for that data; 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

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 Funds. 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.

The information cannot be used or relied upon for the purpose of avoiding IRS penalties. These materials are not intended to provide tax, accounting or legal advice. As with all matters of a tax or legal nature, you should consult your own tax or legal counsel for advice.

Investors should carefully consider a fund’s investment objectives, risks, charges and expenses. This and other important information is contained in the 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. Lattice Strategies, LLC (Lattice) is the Fund’s investment manager and Mellon Investments Corporation is the Fund’s subadviser. Hartford Funds refers to Hartford Funds Distributors, LLC, Member FINRA, Hartford Funds Management Company, LLC, and Lattice.

MFAR-MLT19 11/19 214008 Printed in U.S.A.

LOGO

Item 2. Code of Ethics.

(a)

The registrant, as of the end of the period covered by this report, has adopted a code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third party.

(b)

Not applicable.

(c)

There have been no amendments to the Registrant’s Code of Ethics during the reporting period for this Form N-CSR.

(d)

The registrant has not granted any waivers, including an implicit waiver, from a provision of the code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third party, that relates to one or more of the items set forth in paragraph (b) of this item’s instructions.

(e)

Not applicable

(f)

A copy of the code of ethics is filed herewith.

Item 3. Audit Committee Financial Expert.

The Board of Trustees of the Registrant (the “Board”) has designated David Sung as an Audit Committee Financial Expert. Mr. Sung is considered by the Board to be an independent trustee.

Item 4. Principal Accountant Fees and Services.

(a)

Audit Fees: The aggregate fees billed in each of the last two fiscal years for professional services rendered by the principal accountant for the audit of the registrant’s annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for those fiscal years were:

Not applicable with respect to the Funds for the fiscal year ended September 30, 2018; $33,500 for the fiscal period May 31, 2019 (commencement of operations of the Funds) through September 30, 2019.

(b)

Audit Related Fees: The aggregate fees billed in each of the last two fiscal years for assurance and related services by the principal accountant that are reasonably related to the performance of the audit of the registrant’s financial statements and are not reported under paragraph (a) of this Item were:

Not applicable with respect to the Funds for the fiscal year ended September 30, 2018; $0 for the fiscal period May 31, 2019 (commencement of operations of the Funds) through September 30, 2019. Audit-related services principally in connection with Rule 17Ad-13 under the Securities Exchange Act of 1934.

(c)

Tax Fees: The aggregate fees billed in each of the last two fiscal years for professional services rendered by the principal accountant for tax compliance, tax advice, and tax planning were:

Not applicable with respect to the Funds for the fiscal year ended September 30, 2018; $0 for the fiscal period May 31, 2019 (commencement of operations of the Funds) through September 30, 2019. Tax-related services are principally in connection with, but not limited to, general tax services, excise tax and Passive Foreign Investment Company (PFIC) analysis.

(d)

All Other Fees: The aggregate fees billed in each of the last two fiscal years for products and services provided by the principal accountant, other than the services reported in paragraphs (a) through (c) of this Item were:

Not applicable with respect to the Funds for the fiscal year ended September 30, 2018; $0 for the fiscal period May 31, 2019 (commencement of operations of the Funds) through September 30, 2019.

(e)

Pre-Approval Policies and Procedures

(1) The Pre-Approval Policies and Procedures (the “Policy”) adopted by the Audit Committee of the Registrant (also, the “Fund”) sets forth the procedures pursuant to which services performed by the independent registered public accounting firm for the Registrant may be pre-approved. The following are some main provisions from the Policy.

The Audit Committee must pre-approve all audit services and non-audit services that the independent registered public accounting firm provides to the Fund.

The Audit Committee must pre-approve any engagement of the independent registered public accounting firm to provide non-audit services to any Service Affiliate (which is defined to include any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the Fund) during the period of the independent registered public accounting firm’s engagement to provide audit services to the Fund, if the non-audit services to the Service Affiliate directly impact the Fund’s operations and financial reporting.

The Audit Committee shall pre-approve certain non-audit services to the Fund and its Service Affiliates pursuant to procedures set forth in the Policy.

The Audit Committee, from time to time, may designate one or more of its members who are Independent Trustees (each a “Designated Member”) to consider, on the Audit Committee’s behalf, any non-audit services, whether to the Fund or to any Service Affiliate, that have not been pre-approved by the Audit Committee. The Designated Member also shall review, on the Audit Committee’s behalf, any proposed material change in the nature or extent of any non-audit services previously approved. In considering any requested non-audit services or proposed material change in such services, the Designated Member shall not authorize services which would exceed $50,000 in fees for such services.

The independent registered public accounting firm may not provide specified prohibited non-audit services set forth in the Policy to the Fund, the Fund’s investment adviser, the Service Affiliates or any other member of the investment company complex.

(2) There were no pre-approval requirements waived for the services provided to the Registrant described in paragraphs (b)-(d) of Item 4 by the Audit Committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X (the “De Minimis Rule”). There were no fees billed for services provided to the Adviser described in paragraphs (b)-(d) of Item 4 that were required to be pre-approved by the Audit Committee as described in paragraph (e)(1) of Item 4.

(f)

None of the hours expended on the principal accountant’s engagement to audit the registrant’s financial statements for the year ended September 30, 2019, were attributed to work performed by persons other than the principal accountant’s full-time, permanent employees.

(g)

For the fiscal year ended September 30, 2019, the aggregate non-audit fees billed by the Registrant’s accountant for services rendered to the Registrant, and rendered to the Registrant’s Adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the Adviser that provided ongoing services to the Registrant for each of the last two fiscal years of the Registrant were:

Non-Audit fees: Not applicable with respect to the Funds for the fiscal year ended September 30, 2018; $0 for the fiscal period May 31, 2019 (commencement of operations) through September 30, 2019.

(h)

The registrant’s audit committee of the board of trustees has considered whether the provision of non-audit services that were rendered to the Registrant’s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under

common control with the investment adviser that provides ongoing services to the registrant that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the principal accountant’s independence.

Item 5. Audit Committee of Listed Registrants.

(a)

The Registrant has an audit committee that was established by the Board of Trustees of the Registrant in accordance with Section 3(a)(58)(A) of the Securities Exchange Act of 1934, as amended. The members of the Registrant’s Audit Committee are Hilary E. Ackermann, Lynn S. Birdsong and David Sung.

(b)

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 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 during the period covered by this report.

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 are 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)

Code of Ethics referred to in Item 2 is attached.

(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)

Change in Registrant’s Independent Public Accountant

(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.


	THE HARTFORD MUTUAL FUNDS II, INC.

Date: December 6, 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: December 6, 2019	By:	/s/ James E. Davey
		James E. Davey
		President and Chief Executive Officer

Date: December 6, 2019	By:	/s/ Amy N. Furlong
		Amy N. Furlong
		Treasurer
		(Principal Financial Officer and Principal Accounting Officer)