Hartford Dividend and Growth Fund Class R6 (HDGVX)

Overview

This investment fund focuses on building a portfolio primarily composed of equity securities that are notable for their above-average dividend yields and potential for capital appreciation, as assessed by the fund's sub-adviser. The strategy is designed to appeal to investors seeking a combination of income through dividends and growth through capital appreciation. In alignment with market and economic conditions, the fund commits at least 80% of its net assets to dividend-paying equity securities. This approach underscores the fund’s emphasis on generating income while also pursuing opportunities for asset growth. Furthermore, to diversify the investments and possibly enhance returns, the fund allocates up to 20% of its net assets to securities from foreign issuers and those denominated in currencies other than the dollar, thereby introducing a controlled level of exposure to international markets and non-dollar denominated investments.

Products and Services

• Dividend-Paying Equity Securities

  The fund invests predominantly in equity securities offering above-average dividend yields. This core investment strategy aims to provide investors with a steady income stream from dividends alongside the potential for capital appreciation, focusing on companies with favorable growth prospects and stable financial health.

• Investment in Foreign Issuers and Non-Dollar Securities

  Up to 20% of the fund's net assets may be allocated to securities of foreign issuers and non-dollar securities. This diversification strategy allows the fund to tap into opportunities in international markets, potentially mitigating risks through geographic diversification and benefiting from currency fluctuations. It's designed for investors looking to broaden their investment horizon beyond domestic markets without significantly increasing their risk profile.