Fund Evaluator:
Hartford Dividend and Growth Y (HDGYX)
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Fund Details
Hartford Dividend and Growth Y Overview
Hartford Dividend and Growth Y (HDGYX) is an actively managed U.S. Equity Large Value fund. Hartford Mutual Funds launched the fund in 1996.
The investment seeks a high level of current income consistent with growth of capital. The fund invests primarily in a portfolio of equity securities that typically have above average dividend yields and whose prospects for capital appreciation are considered favorable by the sub-adviser. Under normal market and economic conditions, at least 80% of its net assets are invested in dividend paying equity securities. The fund may invest up to 20% of its net assets in securities of foreign issuers and non-dollar securities.
About Hartford Dividend and Growth Y (HDGYX)
There are 2 members of the management team with an average tenure of 11.71 years: Matthew Baker (2010), Nataliya Kofman (2019). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Russell 1000 Value TR USD index with a weighting of 100%. Hartford Dividend and Growth Y has 73 securities in its portfolio. The top 10 holdings constitute 33.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Hartford Dividend and Growth Y is part of the Equity global asset class and is within the U.S. Equity fund group. Hartford Dividend and Growth Y has 10.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 89.3%. There is 10.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Hartford Dividend and Growth Y has 0.6% of the portfolio in cash.
Assets Under Management
The fund has $418 million in total assets, which is below the $1 billion average for the Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
HDGYX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Hartford Dividend and Growth Y expense ratio is above average compared to funds in the Large Value category. Hartford Dividend and Growth Y has an expense ratio of 0.74%, which is 20% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Hartford Dividend and Growth Y has a portfolio turnover rate of 28%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Large Value category.
Recently, in the month of July 2026, Hartford Dividend and Growth Y returned 3.7%, which earned it a grade of B, as the Large Value category had an average return of 2.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Hartford Dividend and Growth Y has a trailing yield of 1.03%, which is below the 1.20% category average. The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Hartford Dividend and Growth Y Grades
Year to date, the fund has returned 13.3%, 0.9 percentage points worse than the category, which translates into a grade of C. The fund has returned 26.9% over the past year (grade of B), 15.7% over the past three years (grade of C) and 11.3% per year over the past five years (grade of C) and 13.0% per year over the past 10 years (grade of A).
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HDGYX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| HDGYX Return (NAV) | 3.7% | 7.6% | 26.9% | 15.7% | 11.3% | 13.0% |
| HDGYX Grade | B | B | B | C | C | A |
| +/- Category | 0.8% | 1.4% | 3.1% | 0.1% | 0.4% | 1.7% |
| Large Value Avg | 2.9% | 6.2% | 23.8% | 15.7% | 10.9% | 11.3% |
| HDGYX Tax Cost Ratio | na | na | 2.7% | 1.9% | 1.8% | 1.8% |
HDGYX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| HDGYX Return (NAV) | 13.3% | 17.1% | 12.4% | 14.1% | -8.7% | 31.3% | 8.1% | 28.2% | -5.3% | 18.2% | 14.8% |
| HDGYX Grade | C | B | D | B | D | A | A | B | A | B | C |
| +/- Category | -0.9% | 1.9% | -1.7% | 2.3% | -2.6% | 5.5% | 4.2% | 2.6% | 3.2% | 1.8% | 0.2% |
| Large Value Avg | 14.3% | 15.2% | 14.1% | 11.8% | -6.0% | 25.8% | 3.8% | 25.6% | -8.5% | 16.4% | 14.6% |
| Risk Measures | |
| Standard Deviation: | 11.4% |
| Total Risk Index: | 0.93 - Average |
| Category Risk Index: | 0.95 - Below Average |
| Category Risk Grade: | B (27% Rank) |
| Beta: | 0.76 |
| R-Squared: | 75% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 1.0% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $18823 Mil |
| Fund Total Assets: | $ 419 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 28% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 16.4 years | |||
| Average Tenure: 11.7 years | |||
| Managers (Year): Baker Matthew (2010), Kofman Nataliya (2019) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 73 |
| % in Top 10 Holdings: | 33.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 10.1% |
Portfolio Allocation |
|
| Domestic Stock: | 89.3% |
| Foreign Stock: | 10.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.6% |
Purchase Information
| Fund Family: | Hartford Mutual Funds |
| Phone Number: | 888-843-7824 |
| Website: | www.hartfordfunds.com |
| Status: | Open |
| Inception Date: | July 22, 1996 |
| Min. Initial Purchase: | $250,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.74% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 0.93% |
| Share Class: | Hartford Dividend and Growth Y |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
