About HMVUX
Hartford MidCap Value Fund Class R6 is a mutual fund specializing in investments in mid-capitalization companies within the United States equity market. Its primary objective is to seek long-term capital appreciation by focusing on stocks that are perceived as undervalued, misunderstood, or under-researched. By targeting the mid-cap segment, the fund aims to capture opportunities that exist between the volatility often seen in small-cap stocks and the market saturation characteristic of large-cap firms. The fund is sub-advised by Wellington Management, which employs a collaborative, research-driven investment process to identify value opportunities across various sectors.
The portfolio typically maintains high equity exposure—around 98-99%—with a broad sector allocation and holds approximately 80-84 stocks at any given time. The fund’s approach emphasizes fundamental analysis, seeking companies with attractive price-to-earnings and price-to-book ratios compared to benchmarks, and aims for solid earnings growth rates. Its holdings span diverse industries, with notable positions in companies like M&T Bank Corp., U.S. Foods Holding Corp., and Ingersoll Rand, Inc. The fund’s active share, turnover, and risk metrics reflect a strategy that balances opportunity with disciplined risk management, making it a significant option for investors seeking exposure to U.S. mid-cap value equities.
Fund Family Hartford Mutual Funds
Category Mid-Cap Value
Stock Exchange NASDAQ
Ticker Symbol HMVUX
Share Class Class R6
Index Russell MidCap Value TR
HMVUX had a total return of 3.32% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.57%.
