About HMVRX
Hartford MidCap Value Fund Class R3 is a mutual fund specializing in value-oriented investments within the U.S. mid-cap segment. The fund’s primary objective is long-term capital appreciation by targeting companies that are perceived as undervalued, overlooked, or under-researched relative to their intrinsic worth. Hartford MidCap Value Fund Class R3 is managed with a disciplined process, emphasizing stocks with lower price ratios or higher dividend yields, typically associated with slower growth rates for earnings, sales, and book value. With approximately 84 holdings and a significant focus on equities, the fund maintains broad exposure to sectors such as financials, industrials, and consumer discretionary. Notable positions have included companies like M&T Bank Corp., U.S. Foods Holding Corp., and Ingersoll Rand. The fund leverages the research and expertise of Wellington Management to identify opportunities that fall between the volatility of small caps and the prominence of large caps, aiming to capture the growth potential and relative stability of mid-cap stocks. Ultimately, Hartford MidCap Value Fund Class R3 plays a role in diversifying portfolios by appealing to investors seeking value in the mid-cap space.
Fund Family Hartford Mutual Funds
Category Mid-Cap Value
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol HMVRX
Share Class Class R3
Index Russell MidCap Value TR
HMVRX had a total return of 13.56% in the past year, including dividends.
Since the fund's inception, the average annual return has been 9.84%.
