-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KEdu2s2rjTRLfKaJg+27K0WrzQeqYD6Dy6Qhj1MLQQ9j0mkvdM2PQu/b2PUifCPW drEWU+qbF9Fe3fcLm9w/lg== 0000950135-07-003970.txt : 20070628 0000950135-07-003970.hdr.sgml : 20070628 20070628150844 ACCESSION NUMBER: 0000950135-07-003970 CONFORMED SUBMISSION TYPE: N-CSRS PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20070430 FILED AS OF DATE: 20070628 DATE AS OF CHANGE: 20070628 EFFECTIVENESS DATE: 20070628 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HARTFORD MUTUAL FUNDS INC/CT CENTRAL INDEX KEY: 0001006415 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-CSRS SEC ACT: 1940 Act SEC FILE NUMBER: 811-07589 FILM NUMBER: 07946616 BUSINESS ADDRESS: STREET 1: P O BOX 2999 CITY: HARTFORD STATE: CT ZIP: 06104-2999 BUSINESS PHONE: 860-843-9934 MAIL ADDRESS: STREET 1: P O BOX 2999 CITY: HARTFORD STATE: CT ZIP: 06104-2999 FORMER COMPANY: FORMER CONFORMED NAME: ITT HARTFORD MUTUAL FUNDS INC DATE OF NAME CHANGE: 19960226 FORMER COMPANY: FORMER CONFORMED NAME: HARTFORD MUTUAL FUNDS INC DATE OF NAME CHANGE: 19960126 0001006415 S000003571 HARTFORD ADVISERS FUND C000009912 A ITTAX C000009913 B IHABX C000009914 C HAFCX C000009915 Y IHAYX C000040927 The Hartford Advisers Fund Class R3 C000040928 The Hartford Advisers Fund Class R4 C000040929 The Hartford Advisers Fund Class R5 0001006415 S000003572 HARTFORD FLOATING RATE FUND C000009916 A HFLAX C000009917 B HFLBX C000009918 C HFLCX C000009919 Y HFLYX C000035169 Class I C000040930 The Hartford Floating Rate Fund Class R3 C000040931 The Hartford Floating Rate Fund Class R4 C000040932 The Hartford Floating Rate Fund Class R5 0001006415 S000003573 HARTFORD FOCUS FUND C000009920 A HFFAX C000009921 B HFFBX C000009922 C HFFCX C000009923 Y HFFYX 0001006415 S000003574 HARTFORD GLOBAL COMMUNICATIONS FUND C000009924 A HGCAX C000009925 B HGCBX C000009926 C HGCCX C000009927 Y HGCYX 0001006415 S000003575 HARTFORD GLOBAL FINANCIAL SERVICES FUND C000009928 A HGFAX C000009929 B HGFBX C000009930 C HGFCX C000009931 Y HGFYX 0001006415 S000003576 HARTFORD GLOBAL HEALTH FUND C000009932 A HGHAX C000009933 B HGHBX C000009934 C HGHCX C000009935 Y HGHYX C000035170 Class I C000040933 The Hartford Global Health Fund Class R3 C000040934 The Hartford Global Health Fund Class R4 C000040935 The Hartford Global Health Fund Class R5 0001006415 S000003577 HARTFORD GLOBAL LEADERS FUND C000009936 A HALAX C000009937 B HGLBX C000009938 C HGLCX C000009939 Y HGLYX C000040936 The Hartford Global Leaders Class R3 C000040937 The Hartford Global Leaders Class R4 C000040938 The Hartford Global Leaders Class R5 0001006415 S000003578 HARTFORD GLOBAL TECHNOLOGY FUND C000009940 A HGTAX C000009941 B HGTBX C000009942 C HGTCX C000009943 Y HGTYX 0001006415 S000003579 HARTFORD GROWTH ALLOCATION FUND C000009944 A HRAAX C000009945 B HRABX C000009946 C HRACX C000035171 Class I C000040939 The Hartford Growth Allocation Class R3 C000040940 The Hartford Growth Allocation Class R4 C000040941 The Hartford Growth Allocation Class R5 0001006415 S000003580 HARTFORD HIGH YIELD FUND C000009947 A HAHAX C000009948 B HAHBX C000009949 C HAHCX C000009950 Y HAHYX C000040942 The Hartford High Yield Class R3 C000040943 The Hartford High Yield Class R4 C000040944 The Hartford High Yield Class R5 C000049003 Class I 0001006415 S000003581 HARTFORD INCOME ALLOCATION FUND C000009951 A HINAX C000009952 B HINBX C000009953 C HINCX C000035172 Class I C000040945 The Hartford Income Allocation Class R3 C000040946 The Hartford Income Allocation Class R4 C000040947 The Hartford Income Allocation Class R5 0001006415 S000003582 HARTFORD AGGRESSIVE GROWTH ALLOCATION FUND C000009954 A HAAAX C000009955 B HAABX C000009956 C HAACX C000035173 Class I C000040948 The Hartford Aggressive Growth Allocation Class R3 C000040949 The Hartford Aggressive Growth Allocation Class R4 C000040950 The Hartford Aggressive Growth Allocation Class R5 0001006415 S000003583 HARTFORD INCOME FUND C000009957 A HTIAX C000009958 B HTIBX C000009959 C HTICX C000009960 Y HTIYX 0001006415 S000003584 HARTFORD INFLATION PLUS FUND C000009961 A HIPAX C000009962 B HIPBX C000009963 C HIPCX C000009964 Y HIPYX C000035174 Class I C000040951 The Hartford Inflation Plus Fund Class R3 C000040952 The Hartford Inflation Plus Fund Class R4 C000040953 The Hartford Inflation Plus Fund Class R5 0001006415 S000003585 HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND C000009965 A HNCAX C000009966 B HNCBX C000009967 C HNCCX C000009968 Y HNCYX C000035175 Class I C000040954 The Hartford International Capital Appreciation Fund Class R3 C000040955 The Hartford International Capital Appreciation Fund Class R4 C000040956 The Hartford International Capital Appreciation Fund Class R5 0001006415 S000003586 HARTFORD INTERNATIONAL OPPORTUNITIES FUND C000009969 A IHOAX C000009970 B HIOBX C000009971 C HIOCX C000009972 Y HAOYX C000040957 The Hartford International Opportunities Class R3 C000040958 The Hartford International Opportunities Class R4 C000040959 The Hartford International Opportunities Class R5 0001006415 S000003587 HARTFORD INTERNATIONAL SMALL COMPANY FUND C000009973 A HNSAX C000009974 B HNSBX C000009975 C HNSCX C000009976 Y HNSYX C000049004 Class I 0001006415 S000003588 HARTFORD MIDCAP FUND C000009977 A HFMCX C000009978 B HAMBX C000009979 C HMDCX C000009980 Y HMDYX 0001006415 S000003589 HARTFORD MIDCAP VALUE FUND C000009981 A HMVAX C000009982 B HMVBX C000009983 C HMVCX C000009984 Y HMVYX 0001006415 S000003590 HARTFORD MONEY MARKET FUND C000009985 A IHAXX C000009986 B HMBXX C000009987 C HRCXX C000009988 Y HAYXX C000040960 The Hartford Money Market Class R3 C000040961 The Hartford Money Market Class R4 C000040962 The Hartford Money Market Class R5 0001006415 S000003591 HARTFORD RETIREMENT INCOME FUND C000009989 A HTRAX C000009990 B HTGBX C000009991 C HTRCX C000009992 Y HTRYX C000040963 The Hartford Retirement Income Fund Class R3 C000040964 The Hartford Retirement Income Fund Class R4 C000040965 The Hartford Retirement Income Fund Class R5 0001006415 S000003592 HARTFORD SELECT MIDCAP GROWTH FUND C000009993 A HSMAX C000009994 B HSMBX C000009995 C HTSCX C000009996 Y HSMYX 0001006415 S000003593 HARTFORD BALANCED ALLOCATION FUND C000009997 A HBAAX C000009998 B HBABX C000009999 C HBACX C000035176 Class I C000040966 The Hartford Balanced Allocation Class R3 C000040967 The Hartford Balanced Allocation Class R4 C000040968 The Hartford Balanced Allocation Class R5 0001006415 S000003594 HARTFORD SELECT MIDCAP VALUE FUND C000010000 A HFVAX C000010001 B HSVBX C000010002 C HFVCX C000010003 Y HSVYX 0001006415 S000003595 HARTFORD SELECT SMALLCAP GROWTH FUND C000010004 A HFSAX C000010005 B HFSBX C000010006 C HFSCX C000010007 Y HFSYX 0001006415 S000003596 HARTFORD SHORT DURATION FUND C000010008 A HSDAX C000010009 B HSDBX C000010010 C HSDCX C000010011 Y HSDYX 0001006415 S000003597 HARTFORD SMALL COMPANY FUND C000010012 A IHSAX C000010013 B HSCBX C000010014 C HSMCX C000010015 Y HSCYX C000035177 Class I C000040969 The Hartford Small Company Fund Class R3 C000040970 The Hartford Small Company Fund Class R4 C000040971 The Hartford Small Company Fund Class R5 0001006415 S000003598 HARTFORD STOCK FUND C000010016 A IHSTX C000010017 B ITSBX C000010018 C HSFCX C000010019 Y HASYX C000040972 The Hartford Stock Fund Class R3 C000040973 The Hartford Stock Fund Class R4 C000040974 The Hartford Stock Fund Class R5 0001006415 S000003599 HARTFORD TARGET RETIREMENT 2010 FUND C000010020 A HTTAX C000010021 B HTTBX C000010022 C HTTCX C000010023 Y HTTYX C000040975 The Hartford Target Retirement 2010 Fund Class R3 C000040976 The Hartford Target Retirement 2010 Fund Class R4 C000040977 The Hartford Target Retirement 2010 Fund Class R5 0001006415 S000003600 HARTFORD TARGET RETIREMENT 2020 FUND C000010024 A HTWAX C000010025 B HTWBX C000010026 C HTWCX C000010027 Y HTWYX C000040978 The Hartford Target Retirement 2020 Fund Class R3 C000040979 The Hartford Target Retirement 2020 Fund Class R4 C000040980 The Hartford Target Retirement 2020 Fund Class R5 0001006415 S000003601 HARTFORD TARGET RETIREMENT 2030 FUND C000010028 A HTHAX C000010029 B HTHBX C000010030 C HTHCX C000010031 Y HTHYX C000040981 The Hartford Target Retirement 2030 Class R3 C000040982 The Hartford Target Retirement 2030 Class R4 C000040983 The Hartford Target Retirement 2030 Class R5 0001006415 S000003602 HARTFORD TAX-FREE CALIFORNIA FUND C000010032 A HTFAX C000010033 B HTFBX C000010034 C HTFCX C000013023 Y 0001006415 S000003603 HARTFORD TAX-FREE NEW YORK FUND C000010035 A HTYAX C000010036 B HTYBX C000010037 C HTYCX C000013024 Y 0001006415 S000003604 HARTFORD CAPITAL APPRECIATION FUND C000010038 A ITHAX C000010039 B IHCAX C000010040 C HCACX C000010041 Y HCAYX C000035178 Class I C000040984 The Hartford Capital Appreciation Fund Class R3 C000040985 The Hartford Capital Appreciation Fund Class R4 C000040986 The Hartford Capital Appreciation Fund Class R5 0001006415 S000003605 HARTFORD TOTAL RETURN BOND FUND C000010042 A ITBAX C000010043 B ITBBX C000010044 C HABCX C000010045 Y HABYX C000035179 Class I C000040987 The Hartford Total Return Bond Fund Class R3 C000040988 The Hartford Total Return Bond Fund Class R4 C000040989 The Hartford Total Return Bond Fund Class R5 0001006415 S000003606 HARTFORD VALUE FUND C000010046 A HVFAX C000010047 B HVFBX C000010048 C HVFCX C000010049 Y HVFYX C000040990 The Hartford Value Fund Class R3 C000040991 The Hartford Value Fund Class R4 C000040992 The Hartford Value Fund Class R5 C000049005 Class I 0001006415 S000003607 HARTFORD CAPITAL APPRECIATION II FUND C000010050 A HCTAX C000010051 B HCTBX C000010052 C HFCCX C000010053 Y HCTYX C000035180 Class I C000040993 The Hartford Capital Appreciation II Fund Class R3 C000040994 The Hartford Capital Appreciation II Fund Class R4 C000040995 The Hartford Capital Appreciation II Fund Class R5 0001006415 S000003608 HARTFORD CONSERVATIVE ALLOCATION FUND C000010054 A HCVAX C000010055 B HCVBX C000010056 C HCVCX C000035181 Class I C000040996 The Hartford Conservative Allocation Class R3 C000040997 The Hartford Conservative Allocation Class R4 C000040998 The Hartford Conservative Allocation Class R5 0001006415 S000003609 HARTFORD DISCIPLINED EQUITY FUND C000010057 A HAIAX C000010058 B HGIBX C000010059 C HGICX C000010060 Y HGIYX C000040999 The Hartford Disciplined Equity Class R3 C000041000 The Hartford Disciplined Equity Class R4 C000041001 The Hartford Disciplined Equity Class R5 0001006415 S000003610 HARTFORD DIVIDEND AND GROWTH FUND C000010061 A IHGIX C000010062 B ITDGX C000010063 C HDGCX C000010064 Y HDGYX C000035182 Class I C000041002 The Hartford Dividend and Gowth Fund Class R3 C000041003 The Hartford Dividend and Gowth Fund Class R4 C000041004 The Hartford Dividend and Gowth Fund Class R5 0001006415 S000003611 HARTFORD EQUITY INCOME FUND C000010065 A HQIAX C000010066 B HQIBX C000010067 C HQICX C000010068 Y HQIYX C000035183 Class I C000041005 The Hartford Equity Income Fund Class R3 C000041006 The Hartford Equity Income Fund Class R4 C000041007 The Hartford Equity Income Fund Class R5 0001006415 S000012949 HARTFORD BALANCED INCOME FUND C000034969 A C000034970 B C000034971 C C000034972 Y 0001006415 S000012950 HARTFORD MIDCAP GROWTH FUND C000034973 A C000034974 B C000034975 C C000034976 Y 0001006415 S000012951 HARTFORD SELECT SMALLCAP VALUE FUND C000034977 B C000034978 C C000034979 Y C000034980 A 0001006415 S000014466 Hartford LargeCap Growth Fund C000039412 A C000039413 B C000039414 C C000039415 Y 0001006415 S000017745 Hartford Checks and Balances Fund C000048992 Class A C000048993 Class B C000048994 Class C 0001006415 S000017746 Hartford High Yield Municipal Fund C000048995 Class A C000048996 Class B C000048997 Class C C000048998 Class I 0001006415 S000017747 Hartford Strategic Income Fund C000048999 Class C C000049000 Class I C000049001 Class A C000049002 Class B N-CSRS 1 b65819a1nvcsrs.txt THE HARTFORD MUTUAL FUNDS, 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: 811-07589 THE HARTFORD MUTUAL FUNDS, INC. (Exact name of registrant as specified in charter) P. O. Box 2999, Hartford, Connecticut 06104-2999 (Address of Principal Executive Offices) Edward P. Macdonald, Esquire Life Law Unit The Hartford Financial Services Group, Inc. 200 Hopmeadow Street Simsbury, Connecticut 06089 (Name and Address of Agent for Service) Registrant's telephone number, including area code: (860) 843-9934 Date of fiscal year end: October 31, 2006 Date of reporting period: November 1, 2006 - April 30, 2007 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. Section 3507. ITEM 1. REPORTS TO STOCKHOLDERS. Semiannual Report April 30, 2007 (STAG PHOTO)
- Manager Discussions - Financials Please note that the responses to the questions: How did the Fund perform?, Why did the Fund perform this way? and What is your outlook? represent the views of the portfolio manager(s) of the applicable fund. (THE HARTFORD LOGO) THE HARTFORD MUTUAL FUNDS, INC. THE HARTFORD MUTUAL FUNDS II, INC. TABLE OF CONTENTS Manager Discussions (Unaudited) 1 The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc. Financial Statements Schedule of Investments at April 30, 2007 (Unaudited) The Hartford Advisers Fund 100 The Hartford Balanced Allocation Fund 106 The Hartford Balanced Income Fund 107 The Hartford Capital Appreciation Fund 117 The Hartford Capital Appreciation II Fund 120 The Hartford Conservative Allocation Fund 124 The Hartford Disciplined Equity Fund 125 The Hartford Dividend and Growth Fund 127 The Hartford Equity Growth Allocation Fund (formerly The Hartford Aggressive Growth Allocation Fund) 129 The Hartford Equity Income Fund 130 The Hartford Floating Rate Fund 132 The Hartford Fundamental Growth Fund (formerly The Hartford Focus Fund) 146 The Hartford Global Communications Fund 148 The Hartford Global Financial Services Fund 150 The Hartford Global Health Fund 152 The Hartford Global Leaders Fund 154 The Hartford Global Technology Fund 156 The Hartford Growth Allocation Fund 158 The Hartford Growth Fund 159 The Hartford Growth Opportunities Fund 161 The Hartford High Yield Fund 163 The Hartford Income Allocation Fund 170 The Hartford Income Fund 171 The Hartford Inflation Plus Fund 180 The Hartford International Capital Appreciation Fund 182 The Hartford International Opportunities Fund 185 The Hartford International Small Company Fund 188 The Hartford LargeCap Growth Fund 191 The Hartford MidCap Fund 193 The Hartford MidCap Growth Fund 195 The Hartford MidCap Value Fund 198 The Hartford Money Market Fund 200 The Hartford Retirement Income Fund 202 The Hartford Select MidCap Growth Fund 203 The Hartford Select MidCap Value Fund 206 The Hartford Select SmallCap Value Fund 209 The Hartford Short Duration Fund 215 The Hartford Small Company Fund 220 The Hartford SmallCap Growth Fund 225 The Hartford Stock Fund 229 The Hartford Target Retirement 2010 Fund 231 The Hartford Target Retirement 2020 Fund 232 The Hartford Target Retirement 2030 Fund 233 The Hartford Tax-Free California Fund 234 The Hartford Tax-Free Minnesota Fund 237 The Hartford Tax-Free National Fund 239 The Hartford Tax-Free New York Fund 245 The Hartford Total Return Bond Fund 247 The Hartford U.S. Government Securities Fund 257 The Hartford Value Fund 259 The Hartford Value Opportunities Fund 261 Statements of Assets and Liabilities at April 30, 2007 (Unaudited) 264 Statements of Operations for the Six-month Period Ended April 30, 2007 (Unaudited) 274 Statements of Changes in Net Assets for the Six-month Period Ended April 30, 2007 (Unaudited) and Year Ended October 31, 2006 284 Notes to Financial Statements (Unaudited) 302 Financial Highlights (Unaudited) 347 Directors and Officers (Unaudited) 376 How to Obtain a Copy of the Funds' Proxy Voting Policies and Proxy Voting Records (Unaudited) 377 Expense Example (Unaudited) 378 Shareholder Meeting Results (Unaudited) 386 Approval of Amended Investment Sub-Advisory Agreement (Unaudited) 388 The Hartford Advisers Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS MAXIMUM LONG-TERM TOTAL RETURN. PERFORMANCE OVERVIEW(3) 4/30/97 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS GOVERNMENT/CREDIT BOND ADVISERS FUND S&P 500 INDEX INDEX ------------- ------------- ---------------------- 4/30/97 9450 10000 10000 9846 10608 10093 10221 11083 10215 10832 11965 10527 10327 11295 10409 10761 11913 10572 10606 11516 10742 10949 12048 10798 11044 12255 10912 11151 12391 11066 11637 13284 11043 12045 13963 11077 4/98 12218 14104 11133 12102 13862 11252 12581 14424 11367 12664 14271 11376 11611 12208 11598 12086 12990 11930 12545 14045 11846 12962 14896 11916 13373 15754 11945 13646 16413 12030 13348 15903 11744 13758 16539 11803 4/99 14168 17179 11832 13843 16774 11710 14388 17704 11673 14130 17152 11641 13984 17066 11632 13798 16599 11737 14247 17649 11767 14402 18008 11760 14989 19068 11689 14504 18110 11686 14575 17767 11832 15559 19504 12003 4/00 15259 18918 11944 15029 18529 11934 15290 18986 12177 15156 18690 12306 15738 19850 12480 15321 18802 12527 15366 18722 12606 14901 17247 12822 15124 17332 13074 15387 17947 13294 14786 16311 13431 14205 15278 13492 4/01 14772 16464 13391 14876 16574 13469 14500 16172 13534 14510 16012 13871 13988 15011 14048 13441 13799 14177 13727 14063 14537 14281 15141 14299 14336 15275 14186 14144 15052 14290 14058 14762 14411 14292 15317 14119 4/02 13552 14389 14392 13475 14283 14525 12912 13266 14649 12507 12233 14824 12526 12312 15157 11734 10975 15482 12297 11940 15334 12850 12642 15343 12441 11900 15750 12217 11589 15749 12139 11415 16029 12160 11526 16009 4/03 12767 12475 16180 13285 13131 16639 13388 13299 16573 13437 13534 15878 13575 13797 15983 13528 13651 16489 13971 14422 16280 14070 14549 16323 14662 15312 16484 14741 15593 16634 14859 15809 16837 14710 15571 16992 4/04 14443 15327 16470 14552 15537 16386 14799 15839 16453 14431 15315 16627 14541 15376 16979 14510 15542 17038 14520 15780 17186 14789 16418 16994 15165 16977 17175 14994 16563 17294 15195 16911 17181 14866 16612 17060 4/05 14816 16297 17315 15209 16815 17533 15214 16839 17647 15629 17465 17448 15710 17306 17709 15773 17446 17477 15580 17155 17328 16048 17803 17416 16187 17810 17582 16493 18281 17550 16463 18331 17597 16525 18559 17404 4/06 16668 18808 17349 16331 18267 17340 16170 18291 17380 16221 18404 17606 16602 18841 17884 16895 19327 18059 17319 19956 18173 17719 20335 18386 17833 20620 18246 18000 20937 18231 17895 20528 18546 18023 20758 18514 4/07 18579 21677 18622
--- ADVISERS FUND -- LEHMAN BROTHERS GOVERNMENT/ --- S&P 500 INDEX $9,450 starting value CREDIT BOND INDEX $10,000 starting value $18,579 ending value $10,000 starting value $21,677 ending value $18,622 ending value
LEHMAN BROTHERS GOVERNMENT/CREDIT BOND INDEX is a broad based unmanaged, market value-weighted index of all debt obligations of the U.S. Treasury and U.S. Government agencies (excluding mortgage-backed securities) and of all publicly issued fixed-rate, nonconvertible, investment grade domestic corporate debt. S&P 500 INDEX is a market capitalization weighted price index composed of 500 widely held common stocks. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR 5 YEAR 10 YEAR INCEPTION - --------------------------------------------------------------------- Advisers A# 7/22/1996 11.47% 6.51% 6.99% 8.10% - --------------------------------------------------------------------- Advisers A## 7/22/1996 5.34% 5.31% 6.39% 7.53% - --------------------------------------------------------------------- Advisers B# 7/22/1996 10.58% 5.72% NA* NA* - --------------------------------------------------------------------- Advisers B## 7/22/1996 5.58% 5.40% NA* NA* - --------------------------------------------------------------------- Advisers C# 7/22/1996 10.68% 5.82% 6.27% 7.37% - --------------------------------------------------------------------- Advisers C## 7/22/1996 9.68% 5.82% 6.27% 7.37% - --------------------------------------------------------------------- Advisers R3# 7/22/1996 11.71% 6.97% 7.47% 8.58% - --------------------------------------------------------------------- Advisers R4# 7/22/1996 11.80% 6.99% 7.48% 8.59% - --------------------------------------------------------------------- Advisers R5# 7/22/1996 11.94% 7.02% 7.49% 8.60% - --------------------------------------------------------------------- Advisers Y# 7/22/1996 11.99% 7.02% 7.50% 8.61% - ---------------------------------------------------------------------
# Without sales charge ## With sales charge NA Not Applicable * 10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class C shares commenced operations on 7/31/98. Performance prior to 7/31/98 reflects Class B performance less Class C sales charges where applicable. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGERS STEVEN T. IRONS, CFA Senior Vice President, Partner JOHN C. KEOGH Senior Vice President, Partner PETER I. HIGGINS, CFA Vice-President CHRISTOPHER L. GOOTKIND, CFA Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Advisers Fund returned 7.28%, before sales charge, for the six-month period ended April 30, 2007, versus the returns of 8.60% for the S&P 500 Index and 2.48% for the Lehman Brothers Government/Credit Bond Index. The Fund underperformed the 7.66% return of the average fund in the Lipper Mixed-Asset Target Allocation Growth Funds peer group, a group of funds that hold between 60%-80% in equity securities, with the remainder invested in bonds, cash, and cash equivalents. WHY DID THE FUND PERFORM THIS WAY? Financial markets posted robust returns for the period. Equity markets as measured by the S&P 500 Index were up 8.60% while the bond market as measured by the Lehman Brothers Government/Credit Bond Index increased 2.48%. The Fund has three primary levers to generate investment performance: equity investments, fixed income investments, and asset allocation among stocks, bonds, and cash. During the period, both the equity portion and the fixed income portion of the Fund outperformed their respective benchmarks. Allocation contributed positively to the Fund's performance as the Fund's consistent overweight (i.e. the Fund's sector position was greater than the benchmark position) to equities helped during the period. The equity portion of the Fund outperformed due to positive stock selection within the Information Technology, Materials and Consumer Staples sectors. This was offset somewhat by weak stock selection within Consumer Discretionary, Energy and Financials. Sector allocation within equities did not play a significant role. Top relative (i.e. performance of the Fund as measured against the benchmark) contributors to the equity portion of the Fund 1 - -------------------------------------------------------------------------------- included First Data, Cia Vale do Rio Doce (CVRD), and EMC. Electronic payment service provider First Data's stock appreciated during the period as it was the target of a leveraged buyout bid from Kohlberg Kravis Roberts. We eliminated the stock on strong performance. The stock of Brazilian mining company CVRD continued to rise during the period, bolstered by commodity prices. Additionally, implementation of the company's strategy to integrate its Inco acquisition should drive synergies further. We continue to view the company as well-positioned in iron ore and nickel, which should drive strong fundamentals over the next few years. Information storage provider EMC rose as it announced stronger-than-expected profits and surging sales. The company has benefited from its push to grow offerings with a string of acquisitions during recent years. International growth has also contributed to results. We continue to view the company favorably but have trimmed our position on strong performance. Other stocks that contributed to positive absolute (i.e. total return) performance included Schering-Plough, Alcoa and AT&T. Stocks that detracted the most from relative returns included Circuit City, United Parcel Service and Capital One. Shares of Circuit City tumbled after the consumer electronics retailer posted disappointing third-quarter results. Circuit City has been a turnaround story selling at very depressed valuations and they have struggled to consistently execute on that turnaround plan. Slowing U.S. industrial production has weighed on shares of United Parcel Service, but we still have confidence in the longer term story. Capital One's stock declined as it missed first-quarter profit targets and trimmed guidance, due mainly to problems in its mortgage unit. However, the credit card business continues to perform better than most expected, which is consistent with our investment thesis. Additionally, the Fund's underweight (i.e. the Fund's sector position was less than the benchmark position) to the strongly performing Utilities sector hurt relative returns. The Fund's fixed income portfolio was slightly ahead of its benchmark during the six month period (2.53% versus 2.48%) due mainly to strong selection within the investment grade credit sector. This was offset somewhat by our out-of-benchmark allocation to Treasury Inflation Protected Securities, which underperformed as inflation expectations were lower than expected in the period. The moderate slowdown in growth continues. We expect interest rates to trade within a range (4.50%-5.00% for the 10-year Treasury) and the Fed to remain on hold for the remainder of the year. Therefore, we have positioned the fixed income portfolio within a neutral duration (i.e. sensitivity to changes in interest rates) target. We continue to overweight the non-government sectors with a preference towards structured securities and Mortgage Backed Securities (MBS). While credit trends remain sound, we are cautious on credit and are therefore benchmark neutral in that sector. As valuations improve, we will look to reduce our credit allocation. WHAT IS THE OUTLOOK? The stock portion of The Hartford Advisers Fund is managed with a large cap, core investment approach. We apply a bottom-up investment process in constructing a diversified portfolio. We look for companies that exhibit some or all of the following characteristics: industry leadership, strong balance sheets, solid management teams, high return on equity, accelerating earnings, and/or attractive valuation with a catalyst. At the end of the period, the equity portion of the Fund was overweight positions in Information Technology, Health Care and Materials and underweight positions in Utilities and Energy. The equity and fixed income managers will continue to work collaboratively to make decisions regarding portfolio weights in stocks, bonds, and cash. As we expect equities to outperform bonds and cash, as of April 30, 2007, the Fund's equity exposure was at 67% compared to 60% equity exposure in its benchmark and at the upper end of the 50-70% range. COMPOSITION BY SECTOR as of April 30, 2007
PERCENTAGE OF SECTOR NET ASSETS - ------------------------------------------------------------------- Common Stock 67.2% - ------------------------------------------------------------------- Asset Backed & Commercial Mortgage Backed Securities 5.8 - ------------------------------------------------------------------- Corporate Bonds: Investment Grade 11.3 - ------------------------------------------------------------------- Municipal Bonds 0.2 - ------------------------------------------------------------------- U.S. Government Securities 7.5 - ------------------------------------------------------------------- U.S. Government Agencies 1.7 - ------------------------------------------------------------------- Short-Term Investments 14.3 - ------------------------------------------------------------------- Other Assets & Liabilities -8.0 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 3.7% - ------------------------------------------------------------------- Capital Goods 1.6 - ------------------------------------------------------------------- Consumer Cyclical 5.2 - ------------------------------------------------------------------- Consumer Staples 5.9 - ------------------------------------------------------------------- Energy 5.2 - ------------------------------------------------------------------- Finance 27.4 - ------------------------------------------------------------------- General Obligations 0.2 - ------------------------------------------------------------------- Health Care 7.3 - ------------------------------------------------------------------- Services 6.5 - ------------------------------------------------------------------- Technology 20.5 - ------------------------------------------------------------------- Transportation 0.2 - ------------------------------------------------------------------- U.S. Government Securities 7.5 - ------------------------------------------------------------------- U.S. Government Agencies 1.7 - ------------------------------------------------------------------- Utilities 0.8 - ------------------------------------------------------------------- Short-Term Investments 14.3 - ------------------------------------------------------------------- Other Assets & Liabilities -8.0 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
2 The Hartford Balanced Allocation Fund (advised by Hartford Investment Financial Services, LLC) INVESTMENT OBJECTIVE -- SEEKS LONG-TERM CAPITAL APPRECIATION AND INCOME. PERFORMANCE OVERVIEW(3) 5/28/04 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS U.S. BALANCED ALLOCATION FUND S&P 500 INDEX AGGREGATE BOND INDEX ------------------------ ------------- -------------------- 5/28/04 9450 10000 10000 9450 10000 10000 9582 10194 10057 9393 9857 10156 8/04 9412 9897 10350 9606 10004 10378 9748 10157 10465 10022 10567 10382 12/04 10291 10927 10477 10101 10661 10543 10215 10885 10481 10051 10692 10427 4/05 9937 10490 10568 10194 10823 10682 10313 10838 10741 10542 11241 10643 8/05 10609 11139 10779 10677 11229 10668 10476 11042 10584 10784 11459 10631 12/05 10941 11463 10732 11299 11766 10732 11260 11798 10768 11366 11945 10662 4/06 11531 12105 10643 11240 11757 10631 11192 11773 10654 11144 11846 10798 8/06 11348 12127 10963 11467 12439 11060 11731 12844 11133 11983 13088 11262 12/06 12101 13272 11197 12223 13476 11192 12182 13213 11365 12329 13360 11365 4/07 12604 13952 11426
--- BALANCED ALLOCATION FUND -- LEHMAN BROTHERS U.S. AGGREGATE --- S&P 500 INDEX $9,450 starting value BOND INDEX $10,000 starting value $12,604 ending value $10,000 starting value $13,952 ending value $11,426 ending value
S&P 500 INDEX is a market capitalization weighted price index composed of 500 widely held common stocks. LEHMAN BROTHERS U.S. AGGREGATE BOND INDEX is an unmanaged index and is composed of securities from the Lehman Brothers Government/Credit Bond Index, Mortgage-Backed Securities Index, Asset-Backed Index and Commercial Mortgage-Backed Securities Index. You cannot invest directly in an Index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - ------------------------------------------------------------- Balanced Allocation A# 5/28/2004 9.31% 10.35% - ------------------------------------------------------------- Balanced Allocation A## 5/28/2004 3.29% 8.24% - ------------------------------------------------------------- Balanced Allocation B# 5/28/2004 8.44% 9.53% - ------------------------------------------------------------- Balanced Allocation B## 5/28/2004 3.44% 8.66% - ------------------------------------------------------------- Balanced Allocation C# 5/28/2004 8.48% 9.54% - ------------------------------------------------------------- Balanced Allocation C## 5/28/2004 7.48% 9.54% - ------------------------------------------------------------- Balanced Allocation I# 5/28/2004 9.49% 10.42% - ------------------------------------------------------------- Balanced Allocation R3# 5/28/2004 9.09% 10.28% - ------------------------------------------------------------- Balanced Allocation R4# 5/28/2004 9.26% 10.34% - ------------------------------------------------------------- Balanced Allocation R5# 5/28/2004 9.34% 10.37% - -------------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I, R3, R4 and R5 shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGERS HUGH WHELAN Senior Vice President EDWARD C. CAPUTO Vice President - -------------------------------------------------------------------------------- WHAT DID THE MARKET DO AND HOW DID THE FUND PERFORM? The Class A shares of The Hartford Balanced Allocation Fund returned 7.45%, before sales charge, for the six months ended April 30, 2007, versus 6.85% for the Lipper Mixed-Asset Target Allocation Moderate Funds average, 2.64% for the Lehman Brothers U.S. Aggregate Bond Index, and 8.60% for the S&P 500 Index. WHY DID THE FUND PERFORM THIS WAY? The Fund's structure allows for investment across all market capitalizations and styles, both within the U.S. and internationally. This diversification is designed to enhance the long-term return and risk characteristics of the Fund. Generally, the Fund's target asset allocation is set at approximately 60% equity and 40% fixed-income. The Fund's equity allocation is structured around five equity indexes. For the six month period, the MSCI EAFE Index (international equities) was up 15.68%; the Russell MidCap Index (U.S. mid cap equities) was up 12.24%; the Russell 1000 Value Index (U.S. large cap equities) was up 9.79%; the Russell 1000 Growth Index (U.S. large cap equities) was up 8.42%; and the Russell 2000 Index (U.S. small cap equities) was up 6.86%. The Fund benefited from its international and mid cap equity exposure, as well as its large cap value bias. On the fixed income side, the yield curve steepened during the period, with the yield on the five year Treasury note decreasing five basis points to 4.51% and the yield on the 10-year Treasury note increasing two basis points to 4.62%. Within the major sectors of the Lehman Brothers U.S. Aggregate Bond Index, mortgage backed securities were the top performers, while U.S. Treasuries were the worst. The fixed income allocation is structured around six fixed income indices. For the six month period, the best performer was the Lehman Brothers High Yield Index (up 6.88%), followed by the CSFB Leveraged Loan Index (up 3.98%), Lehman Brothers U.S. Aggregate Bond Index (up 2.64%), Merrill Lynch 3- Month U.S. Treasury Bill Index (up 2.62%), Lehman Brothers 1-3 Year Government Index (up 2.34%), and Lehman U.S. TIPS (Treasury Inflation Protected Securities) Index (up 2.07%). Consequently, the Fund benefited from its allocation to high yield and floating rate notes, while the other asset classes underperformed the Fund's fixed income benchmark. The Fund's duration (i.e. sensitivity to changes in interest rates) is targeted to be less than the Lehman Brothers U.S. Aggregate Bond Index 3 - -------------------------------------------------------------------------------- based on risk preferences of the Fund. For the period, short duration positioning detracted from overall performance. Besides the asset allocation decision, the Fund's performance is also influenced by the performance of the underlying active fund mangers. In keeping with the Fund's long-term approach, we typically use cash flows to reallocate among the underlying funds. However, a hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was performed in November to align the actual allocations with our targets. WHAT IS THE OUTLOOK? Economic data continues to suggest weaker growth ahead, a trend that began in the first quarter of the year. Additionally, the Federal Reserve concluded at its March meeting that business executives are pessimistic about sales growth, which poses a downside risk to the economy. Other risks going forward include the potential effects of the ongoing troubles within the housing sector as well as persistently high energy and food costs, which could sap consumer spending. Although business activity has been sluggish, strong consumption supports growth. And while recent CPI data suggests some moderation in core inflation, inflationary pressures remain elevated. Unless these pressures ease, we believe it is unlikely that the Federal Reserve will cut rates in the foreseeable future, as many are anticipating. While we do not feel that the economy is headed for a recession, our outlook for growth and interest rates is biased to the lower side. COMPOSITION BY UNDERLYING FUND as of April 30, 2007
PERCENTAGE OF FUND NAME NET ASSETS - ------------------------------------------------------------------- Hartford Capital Appreciation Fund, Class Y 17.7% - ------------------------------------------------------------------- Hartford Disciplined Equity Fund, Class Y 4.6 - ------------------------------------------------------------------- Hartford Equity Income Fund, Class Y 6.7 - ------------------------------------------------------------------- Hartford Floating Rate Fund, Class Y 6.0 - ------------------------------------------------------------------- Hartford Global Leaders Fund, Class Y 4.3 - ------------------------------------------------------------------- Hartford Income Fund, Class Y 12.8 - ------------------------------------------------------------------- Hartford Inflation Plus Fund, Class Y 6.3 - ------------------------------------------------------------------- Hartford International Opportunities Fund, Class Y 4.0 - ------------------------------------------------------------------- Hartford International Small Company Fund, Class Y 4.1 - ------------------------------------------------------------------- Hartford Select Small Cap Value Fund, Class Y 2.4 - ------------------------------------------------------------------- Hartford Short Duration Fund, Class Y 6.4 - ------------------------------------------------------------------- Hartford Small Company Fund, Class Y 4.8 - ------------------------------------------------------------------- Hartford Total Return Bond Fund, Class Y 8.8 - ------------------------------------------------------------------- Hartford Value Fund, Class Y 10.9 - ------------------------------------------------------------------- Other Assets & Liabilities 0.2 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
4 The Hartford Balanced Income Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS TO PROVIDE CURRENT INCOME WITH GROWTH OF CAPITAL AS A SECONDARY OBJECTIVE. PERFORMANCE OVERVIEW(2) 7/31/06 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS CORPORATE BALANCED INCOME FUND RUSSELL 1000 VALUE INDEX INDEX -------------------- ------------------------ ------------------------- 7/31/06 9450 10000 10000 9620 10167 10186 9731 10370 10303 10/06 9902 10709 10386 10035 10954 10539 10141 11200 10443 1/07 10198 11343 10444 10237 11166 10659 10326 11339 10598 4/07 10538 11758 10675
--- BALANCED INCOME FUND --- RUSSELL 1000 VALUE INDEX -- LEHMAN BROTHERS CORPORATE $9,450 starting value $10,000 starting value INDEX $10,538 ending value $11,758 ending value $10,000 starting value $10,675 ending value
RUSSELL 1000 VALUE INDEX measures the performance of those Russell 1000 Index companies with lower price-to-book ratios and lower forecasted growth values. LEHMAN BROTHERS CORPORATE INDEX Lehman Brothers Corporate Bond Index is an unmanaged index and is the Corporate component of the U.S. Credit Index within the Lehman Brothers U.S. Aggregate Bond Index. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION DATE SINCE INCEPTION - ---------------------------------------------------------- Balanced Income A# 7/31/2006 11.52% - ---------------------------------------------------------- Balanced Income A## 7/31/2006 5.39% - ---------------------------------------------------------- Balanced Income B# 7/31/2006 10.92% - ---------------------------------------------------------- Balanced Income B## 7/31/2006 5.92% - ---------------------------------------------------------- Balanced Income C# 7/31/2006 10.87% - ---------------------------------------------------------- Balanced Income C## 7/31/2006 9.87% - ---------------------------------------------------------- Balanced Income Y# 7/31/2006 11.77% - ----------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (2) Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGERS LUCIUS T. HILL, III Senior Vice President SCOTT I. ST. JOHN, CFA Vice President JOHN R. RYAN, CFA Senior Vice President, Partner - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Balanced Income Fund returned 6.43%, before sales charge, for the six-month period ended April 30, 2007, versus the returns of 9.79% for the Russell 1000 Value Index and 2.78% for the Lehman Brothers Corporate Index. The Fund underperformed the 6.85% return of the average fund in the Lipper Mixed-Asset Target Allocation Moderate Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Financial markets posted robust returns for the period. As measured by the S&P 500, equity markets were up 8.60% while the bond market as measured by the Lehman Brothers Aggregate Index increased 2.64%. Value stocks continued to lead growth as the Russell 1000 Growth's 8.44% return lagged the 9.79% return of the Russell 1000 Value Index. Small cap stocks, as measured by the Russell 2000 6.38% trailed the broader market, but Midcaps shined during the period, rising 12.17% as measured by the Russell Midcap Index. During the period, both the equity portion and the fixed income portion of the Fund outperformed their respective benchmarks. The Equity portion of the Fund outperformed its benchmark due to sector allocation. The Fund benefited from overweight (i.e. the Fund's sector position was greater than the benchmark position) positions in the high performing Utilities and Materials sectors. Additionally, strong stock selection in Utilities and Health Care contributed positively to relative (i.e. performance of the Fund as measured against the benchmark) returns. The performance of the fixed income portion of the Fund was slightly ahead of its benchmark for the period. The Fund also benefited from a slight overweight to equities versus bonds relative to its benchmark during the period. Top relative contributors to the equity portion of the Fund included FPL Group (Utilities), Exelon (Utilities), and PPL (Utilities). Shares of FPL, a generator and distributor of electric energy, increased over the period due to better than expected results at FPL Energy and increasing valuations for unregulated assets. Exelon shares performed well as we are nearing the conclusion of the Illinois power auction. We believe that the 5 - -------------------------------------------------------------------------------- company is well positioned due to its valuable nuclear power producing assets and expectations for higher dividend payouts and share buybacks. PPL stock rose along with the utility sector. The company also raised its quarterly dividend during the period. We continued to hold positions all three stocks at the end of the period. The largest detractors from benchmark-relative returns in the equity portion of the Fund were US Bancorp (Financials), Bank of America (Financials), Valero (Energy) and Pitney Bowes (Industrials). US Bancorp's shares declined over concerns about lower loan growth due to a slowing economy, as well as heightened concerns about exposure to sub prime loans. Bank of America's shares weakened following management's report that net fee income was lower than expected, driven mainly by softness in credit cards and worries about subprime exposure. Pitney Bowes reported lower than expected sales growth caused by weak US and European sales, which caused the stock to fall during the period. We continue to hold all three companies. Additionally, not owning strongly performing Valero hurt benchmark relative returns. On the fixed income side, the Fund outperformed its benchmark due primarily to the Fund's slight overweight positions in high yield and emerging markets debt. Positive security selection within the high yield and investment grade credit sector also helped returns. Healthy employment growth provides underlying support for a modest expansion of the US economy. We feel high levels of shareholder friendly activity are offset by strong corporate profits and low default rates, which are positive events for fixed income markets. We believe that rates will continue to be range-bound. Current Treasury valuations are largely consistent with our view, and we are positioning the Fund with a duration (i.e. sensitivity to changes in interest rates) similar to that of the benchmark. Additionally, we favor the stability of the securitized sectors, namely asset-backed securities and commercial mortgage-backed securities, and maintain an overweight to these sectors. WHAT IS THE OUTLOOK? The equity portion of the Fund is managed with a bias towards income-generating securities. At the end of the period, the equity portion of the Fund was most overweight the Utilities, Consumer Staples, and Materials sectors and most underweight (i.e. the Fund's sector position was less than the benchmark position) the Consumer Discretionary and Financials sectors. The equity and fixed income managers continue to work collaboratively to make decisions regarding portfolio weights in equities and fixed income. At the end of the period the Fund was slightly overweight equities relative to its benchmark. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 5.6% - ------------------------------------------------------------------- Capital Goods 2.2 - ------------------------------------------------------------------- Consumer Cyclical 3.2 - ------------------------------------------------------------------- Energy 8.3 - ------------------------------------------------------------------- Finance 32.7 - ------------------------------------------------------------------- Foreign Governments 4.8 - ------------------------------------------------------------------- Health Care 4.1 - ------------------------------------------------------------------- Services 5.1 - ------------------------------------------------------------------- Technology 13.0 - ------------------------------------------------------------------- Transportation 0.3 - ------------------------------------------------------------------- U.S. Government Securities 3.5 - ------------------------------------------------------------------- Utilities 8.4 - ------------------------------------------------------------------- Short-Term Investments 4.8 - ------------------------------------------------------------------- Other Assets & Liabilities -0.7 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DISTRIBUTION BY SECTOR as of April 30, 2007
PERCENTAGE OF SECTOR NET ASSETS - ------------------------------------------------------------------- Common Stock 46.5% - ------------------------------------------------------------------- Asset Backed and Commercial Mortgage Securities 5.0 - ------------------------------------------------------------------- Corporate Bonds: Investment Grade 31.3 - ------------------------------------------------------------------- Corporate Bonds: Non-Investment Grade 9.6 - ------------------------------------------------------------------- U.S. Government Securities 3.5 - ------------------------------------------------------------------- Short-Term Investments 4.8 - ------------------------------------------------------------------- Other Assets & Liabilities -0.7 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
6 The Hartford Capital Appreciation Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS GROWTH OF CAPITAL. PERFORMANCE OVERVIEW(3) 4/30/97 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
CAPITAL APPRECIATION FUND RUSSELL 3000 INDEX ------------------------- ------------------ 4/30/97 9450 10000 11389 10683 12357 11127 13539 11999 13807 11513 15091 12166 14274 11757 14294 12207 14150 12452 13816 12516 15117 13411 15636 14076 4/98 15721 14215 14676 13864 14904 14333 14281 14072 11162 11917 11634 12729 12786 13696 13659 14533 14611 15457 15691 15982 14768 15416 16020 15982 4/99 16929 16703 17608 16386 18567 17214 18789 16692 18131 16502 17809 16080 18939 17089 20692 17567 24364 18688 24087 17955 27997 18122 27912 19542 4/00 25001 18853 23680 18323 26156 18866 25744 18532 28614 19907 27806 19005 26844 18735 24247 17008 26399 17294 27889 17886 26243 16251 25020 15192 4/01 27144 16410 27521 16542 27052 16237 25818 15969 24694 15027 21590 13701 22217 14020 23709 15100 24621 15312 23663 15120 22944 14811 24022 15461 4/02 22539 14649 22253 14480 20420 13437 18634 12369 19011 12428 17556 11122 18855 12007 20448 12734 18993 12014 18541 11720 18293 11527 18016 11648 4/03 19472 12600 21010 13360 21535 13541 21931 13851 22732 14158 22695 14004 24409 14852 24952 15056 26665 15745 27080 16074 28029 16290 28001 16097 4/04 27015 15764 27559 15993 28655 16311 27264 15694 26831 15759 27743 16001 28369 16264 30313 17020 31446 17626 30718 17157 31888 17534 30654 17238 4/05 29751 16863 30626 17502 31225 17625 32781 18348 33058 18173 34227 18332 33629 17988 35444 18688 36194 18705 38039 19330 37684 19364 38252 19699 4/06 39277 19913 37868 19275 37463 19309 37118 19291 38040 19763 38557 20205 40207 20933 41357 21388 41861 21644 42125 22056 41333 21695 41993 21920 4/07 43292 22796
--- CAPITAL APPRECIATION FUND --- RUSSELL 3000 INDEX $9,450 starting value $10,000 starting value $43,292 ending value $22,796 ending value
RUSSELL 3000 INDEX is an unmanaged index that measures the performance of the 3,000 largest U.S. companies based on total capitalization. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION 1 5 10 SINCE DATE YEAR YEAR YEAR INCEPTION - ------------------------------------------------------------------- Cap App A# 7/22/1996 10.23% 13.94% 16.43% 19.03% - ------------------------------------------------------------------- Cap App A## 7/22/1996 4.16% 12.66% 15.77% 18.41% - ------------------------------------------------------------------- Cap App B# 7/22/1996 9.33% 13.08% NA* NA* - ------------------------------------------------------------------- Cap App B## 7/22/1996 4.33% 12.83% NA* NA* - ------------------------------------------------------------------- Cap App C# 7/22/1996 9.41% 13.19% 15.64% 18.23% - ------------------------------------------------------------------- Cap App C## 7/22/1996 8.41% 13.19% 15.64% 18.23% - ------------------------------------------------------------------- Cap App I# 7/22/1996 10.42% 13.98% 16.45% 19.05% - ------------------------------------------------------------------- Cap App R3# 7/22/1996 10.34% 14.45% 16.96% 19.58% - ------------------------------------------------------------------- Cap App R4# 7/22/1996 10.45% 14.47% 16.97% 19.59% - ------------------------------------------------------------------- Cap App R5# 7/22/1996 10.58% 14.50% 16.99% 19.61% - ------------------------------------------------------------------- Cap App Y# 7/22/1996 10.66% 14.52% 16.99% 19.61% - -------------------------------------------------------------------
# Without sales charge ## With sales charge NA Not Applicable * 10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class C shares commenced operations on 7/31/98. Performance prior to 7/31/98 reflects Class B performance less Class C sales charges where applicable. Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGEMENT SAUL J. PANNELL, CFA Senior Vice President, Partner FRANK D. CATRICKES, CFA, CMT Senior Vice President, Partner - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Capital Appreciation Fund returned 7.67%, before sales charge, for the six-month period ended April 30, 2007, underperforming its benchmark, the Russell 3000 Index, which returned 8.90% for the same period. The Fund also underperformed the 9.25% return of the average fund in the Lipper Multi-Cap Core Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? As measured by the Russell 3000 Index, equity markets ended higher for the period, rising in five of the six months. Every sector in the benchmark posted positive returns for the period, led by Materials (+19%), Utilities (+18%), and Energy (+14%). The laggards in this environment were Financials (+5%), Consumer Discretionary (+7%), and Technology (+7%). These positive returns took place against a mixed backdrop of relatively strong economic news and corporate earnings, continued weakness in the housing market, and geopolitical tensions in the Middle East. Underperformance for the period was due to stock selection, largely in the Technology, Consumer Discretionary, Energy, and Utility sectors. Stocks with the largest negative absolute (i.e. total return) and relative (i.e. performance of the Fund as measured against the benchmark) impacts were Nortel Networks and Motorola in Technology and British Energy in Utilities. Shares of Canadian phone equipment manufacturer Nortel tumbled on news that it would have to delay the filing of its 2006 annual report and restate prior years' financial results. We believe that Nortel's new management team will be successful in achieving significant cost cuts and driving profitability higher. We also expect 7 - -------------------------------------------------------------------------------- Nortel to benefit from an improving pricing environment and expected increases in capital expenditures for wireline equipment. Shares in wireless phone manufacturer Motorola fell on below-expectation sales growth, while British utility British Energy saw its shares fall on news of lower prices, higher costs, and falling utilization rates. We eliminated our positions in both stocks during the period. Stock selection within Financials, Industrials, and Materials sectors proved more beneficial. Top relative contributors included Cia Vale do Rio Doce (CVRD), Unibanco, and ABB. Brazilian mining company CVRD's shares rose as strong markets for iron ore and nickel supported higher earnings and guidance, while results from recently acquired nickel miner Inco are exceeding expectations. We anticipate better-than-expected volume growth and cost cutting initiatives to benefit the stock's valuation. Shares in another Brazilian company, bank Unibanco, continued to rise on solid consumer loan growth and robust asset quality. Shares in Swedish industrial conglomerate ABB gained on robust financial results with revenue, orders, and margins all positive. We continue to hold all three stocks. Additionally, the Fund's overweight (i.e. the Fund's sector position was greater than the benchmark position) allocation to the strongly-performing Materials sector and underweight (i.e. the Fund's sector position was less than the benchmark position) among lagging Financials stocks contributed positively to relative performance. WHAT IS THE OUTLOOK? We continue to focus our efforts on picking stocks one-at-a-time based on detailed fundamental research. At the end of the period, our stock-by-stock investment process resulted in greater-than-benchmark weights in Materials, Technology, and Industrials stocks and less-than-benchmark weights in Financials, Consumer Staples, and Health Care. Our largest absolute sector weights at period-end were in the Technology, Industrials, and Financials sectors. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 12.2% - ------------------------------------------------------------------- Capital Goods 7.9 - ------------------------------------------------------------------- Consumer Cyclical 7.8 - ------------------------------------------------------------------- Consumer Staples 3.0 - ------------------------------------------------------------------- Energy 9.0 - ------------------------------------------------------------------- Finance 14.6 - ------------------------------------------------------------------- Health Care 6.8 - ------------------------------------------------------------------- Services 3.6 - ------------------------------------------------------------------- Technology 28.3 - ------------------------------------------------------------------- Utilities 2.3 - ------------------------------------------------------------------- Short-Term Investments 10.0 - ------------------------------------------------------------------- Other Assets & Liabilities -5.5 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DIVERSIFICATION BY COUNTRY as of April 30, 2007
PERCENTAGE OF COUNTRY NET ASSETS - ------------------------------------------------------------------- Austria 0.5% - ------------------------------------------------------------------- Brazil 3.9 - ------------------------------------------------------------------- Canada 5.8 - ------------------------------------------------------------------- China 0.3 - ------------------------------------------------------------------- France 1.6 - ------------------------------------------------------------------- Germany 0.8 - ------------------------------------------------------------------- India 0.4 - ------------------------------------------------------------------- Israel 0.9 - ------------------------------------------------------------------- Italy 0.4 - ------------------------------------------------------------------- Japan 3.2 - ------------------------------------------------------------------- Luxembourg 0.1 - ------------------------------------------------------------------- Russia 1.4 - ------------------------------------------------------------------- South Africa 0.7 - ------------------------------------------------------------------- South Korea 0.7 - ------------------------------------------------------------------- Sweden 0.5 - ------------------------------------------------------------------- Switzerland 3.4 - ------------------------------------------------------------------- Taiwan 1.0 - ------------------------------------------------------------------- Turkey 1.9 - ------------------------------------------------------------------- United Kingdom 4.0 - ------------------------------------------------------------------- United States 64.0 - ------------------------------------------------------------------- Short-Term Investments 10.0 - ------------------------------------------------------------------- Other Assets & Liabilities -5.5 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
8 The Hartford Capital Appreciation II Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS GROWTH OF CAPITAL. PERFORMANCE OVERVIEW(3) 4/29/05 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
CAPITAL APPRECIATION II FUND RUSSELL 3000 INDEX ---------------------------- ------------------ 4/29/05 9450 10000 9450 10000 9809 10379 10008 10451 7/05 10452 10880 10518 10776 10669 10871 10/05 10461 10667 10890 11082 11225 11092 1/06 11972 11463 11838 11483 12068 11682 4/06 12460 11808 11972 11430 11857 11450 7/06 11723 11440 11981 11720 12135 11982 10/06 12575 12413 13069 12683 13206 12835 1/07 13501 13079 13412 12865 13687 12999 4/07 14236 13518
--- CAPITAL APPRECIATION II FUND --- RUSSELL 3000 INDEX $9,450 starting value $10,000 starting value $14,236 ending value $13,518 ending value
RUSSELL 3000 INDEX is an unmanaged index that measures the performance of the 3,000 largest U.S. companies based on total capitalization. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. PORTFOLIO MANAGEMENT DAVID R. FASSNACHT, CFA MICHAEL T. CARMEN, CFA, CPA Senior Vice President, Senior Vice President, Partner Partner FRANK D. CATRICKES, CFA, CMT JAMES N. MORDY Senior Vice President, Partner Senior Vice President, Partner NICOLAS M. CHOUMENKOVITCH Vice President DAVID W. PALMER, CFA Vice President SAUL J. PANNELL, CFA Senior Vice President, Partner
AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - -------------------------------------------------------- Cap App II A# 4/29/2005 14.25% 22.71% - -------------------------------------------------------- Cap App II A## 4/29/2005 7.97% 19.29% - -------------------------------------------------------- Cap App II B# 4/29/2005 13.26% 21.75% - -------------------------------------------------------- Cap App II B## 4/29/2005 8.26% 20.51% - -------------------------------------------------------- Cap App II C# 4/29/2005 13.40% 21.88% - -------------------------------------------------------- Cap App II C## 4/29/2005 12.40% 21.88% - -------------------------------------------------------- Cap App II I# 4/29/2005 14.49% 22.83% - -------------------------------------------------------- Cap App II R3# 4/29/2005 14.26% 22.99% - -------------------------------------------------------- Cap App II R4# 4/29/2005 14.34% 23.03% - -------------------------------------------------------- Cap App II R5# 4/29/2005 14.49% 23.12% - -------------------------------------------------------- Cap App II Y# 4/29/2005 14.57% 23.16% - --------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance less sales charge where applicable. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Capital Appreciation Fund II returned 13.21%, before sales charge, for the six-month period ended April 30, 2007, outperforming its benchmark, the Russell 3000 Index, which returned 8.90% for the same period. The Fund also outperformed the 9.09% return of the average fund in the Lipper Multi-Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Equity markets ended broadly higher for the period, with the Russell 3000 Index rising in five out of six months. Every sector in the benchmark posted positive returns for the period, led by Materials (+19%), Utilities (+18%), and Energy (+14%). The laggards in this environment were Financials (+5%), Consumer Discretionary (+7%), and Technology (+7%). These positive returns took place against a mixed backdrop of relatively strong economic news and corporate earnings, continued weakness in the housing market, and geopolitical tensions in the Middle East. The Fund's outperformance reflected strong stock selection across most economic sectors, particularly in Consumer Discretionary, Materials, and Consumer Staples. The largest relative (i.e. performance of the Fund as measured against the benchmark) and absolute (i.e. total return) contributor during the period was pharmaceutical concern Schering-Plough, whose shares rose on strong results and investor enthusiasm for the announced acquisition of Organon Biosciences. We expect the deal to be accretive (i.e. additive to earnings per share) with marketing and sales synergies, an attractive combined hospital franchise, and a #1 share in animal health. In Materials, Brazilian mining company Cia Vale do Rio Doce's (CVRD) shares rose as strong markets for iron ore and nickel supported higher earnings and guidance, while results from recently acquired nickel miner Inco are exceeding expectations. We anticipate better-than-expected volume growth and cost cutting initiatives to benefit the stock's valuation. 9 - -------------------------------------------------------------------------------- Uranium mining company UrAsia Energy was acquired at a premium by competitor SXR, pushing its shares higher. Other contributors to positive relative and absolute results were uranium miner Cameco and Materials company Potash. Stock selection was negative in only one sector during the period (Telecommunications Services). Stocks with the largest negative impact on relative performance included Capital One Financial, Nasdaq Stock Market, and TXU. Shares of credit card company Capital One fell following news that earnings were being negatively impacted by the company's recent acquisition of North Fork Bank. We maintain our position as we believe the company still has substantial franchise value and earnings power driven by its credit card and auto lending businesses. Our position in Nasdaq fell a result of the company's failed London Stock Exchange deal and renewed competitive pressure from BATS Trading's alternative trading platform. We believe Nasdaq's fundamentals remain strong and we maintain our position. Texas utility TXU saw its shares decline amid concerns about its earnings power over the next few years. Lower gas prices and environmental opposition to new coal plant development weighed on the stock, and we exited our position. Other notable detractors from absolute returns during the period were Motorola (Technology Hardware), US Airways (Transportation), and Nortel Networks (Technology Hardware). On balance sector allocation had a small positive impact on the Fund's performance, as the benefits of being overweight (i.e. the Fund's sector position was greater than the benchmark position) Materials and underweight (i.e. the Fund's sector position was less than the benchmark position) Financials were partially offset by our underweight in Utilities. WHAT IS THE OUTLOOK? Hartford Capital Appreciation II Fund is a multi-managed Fund organized into several 'sleeves', each of which is managed according to a specific approach. The Fund's managers pursue diverse and complementary investment strategies, with fundamental, bottom-up research as the foundation for portfolio construction. The Fund is not designed to exhibit an intentional style bias, as the investment opportunity set includes stocks from the full range of market capitalizations and investment styles. We continue to focus our efforts on picking stocks one-at-a-time based on detailed fundamental research. At the end of the period, our stock-by-stock investment process resulted in greater-than-benchmark weights in Consumer Discretionary, Materials, and Technology stocks and less-than-benchmark weights in Financials, Consumer Staples, and Health Care. Our largest absolute sector weights at period-end were in the Technology, Consumer Discretionary, and Financials sectors. James Averill, a portfolio manager of one of the sleeves of the Fund, has announced his intention to retire from Wellington Management Company effective June 30, 2007, and withdrew from active involvement in the Fund effective April 1, 2007. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 12.0% - ------------------------------------------------------------------- Capital Goods 3.8 - ------------------------------------------------------------------- Consumer Cyclical 7.8 - ------------------------------------------------------------------- Consumer Staples 2.9 - ------------------------------------------------------------------- Energy 6.1 - ------------------------------------------------------------------- Finance 15.9 - ------------------------------------------------------------------- Health Care 9.0 - ------------------------------------------------------------------- Services 6.1 - ------------------------------------------------------------------- Technology 25.8 - ------------------------------------------------------------------- Transportation 2.5 - ------------------------------------------------------------------- Utilities 1.6 - ------------------------------------------------------------------- Short-Term Investments 11.8 - ------------------------------------------------------------------- Other Assets & Liabilities -5.3 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DIVERSIFICATION BY COUNTRY as of April 30, 2007
PERCENTAGE OF COUNTRY NET ASSETS - ------------------------------------------------------------------- Australia 0.1% - ------------------------------------------------------------------- Austria 0.2 - ------------------------------------------------------------------- Brazil 1.6 - ------------------------------------------------------------------- Canada 6.7 - ------------------------------------------------------------------- China 0.3 - ------------------------------------------------------------------- Egypt 0.4 - ------------------------------------------------------------------- Finland 0.6 - ------------------------------------------------------------------- France 2.8 - ------------------------------------------------------------------- Germany 1.1 - ------------------------------------------------------------------- Hong Kong 0.6 - ------------------------------------------------------------------- Indonesia 0.4 - ------------------------------------------------------------------- Ireland 0.5 - ------------------------------------------------------------------- Israel 0.1 - ------------------------------------------------------------------- Italy 1.1 - ------------------------------------------------------------------- Japan 2.0 - ------------------------------------------------------------------- Luxembourg 0.3 - ------------------------------------------------------------------- Mexico 0.2 - ------------------------------------------------------------------- Netherlands 1.8 - ------------------------------------------------------------------- Norway 0.3 - ------------------------------------------------------------------- Russia 1.0 - ------------------------------------------------------------------- South Africa 0.5 - ------------------------------------------------------------------- South Korea 0.2 - ------------------------------------------------------------------- Sweden 0.7 - ------------------------------------------------------------------- Switzerland 2.0 - ------------------------------------------------------------------- Turkey 0.6 - ------------------------------------------------------------------- United Kingdom 3.0 - ------------------------------------------------------------------- United States 64.4 - ------------------------------------------------------------------- Short-Term Investments 11.8 - ------------------------------------------------------------------- Other Assets & Liabilities -5.3 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
10 The Hartford Conservative Allocation Fund (advised by Hartford Investment Financial Services, LLC) INVESTMENT OBJECTIVE -- SEEKS CURRENT INCOME AND LONG-TERM CAPITAL APPRECIATION. PERFORMANCE OVERVIEW(3) 5/28/04 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS U.S. CONSERVATIVE ALLOCATION FUND S&P 500 INDEX AGGREGATE BOND INDEX ---------------------------- ------------- -------------------- 5/28/04 9450 10000 10000 9450 10000 10000 9573 10194 10057 9431 9857 10156 8/04 9497 9897 10350 9606 10004 10378 9729 10157 10465 9900 10567 10382 12/04 10087 10927 10477 9982 10661 10543 10068 10885 10481 9929 10692 10427 4/05 9872 10490 10568 10054 10823 10682 10136 10838 10741 10271 11241 10643 8/05 10348 11139 10779 10357 11229 10668 10212 11042 10584 10422 11459 10631 12/05 10559 11463 10732 10806 11766 10732 10786 11798 10768 10823 11945 10662 4/06 10922 12105 10643 10753 11757 10631 10730 11773 10654 10750 11846 10798 8/06 10930 12127 10963 11027 12439 11060 11217 12844 11133 11411 13088 11262 12/06 11452 13272 11197 11535 13476 11192 11556 13213 11365 11645 13360 11365 4/07 11834 13952 11426
--- CONSERVATIVE ALLOCATION -- LEHMAN BROTHERS U.S. AGGREGATE --- S&P 500 INDEX FUND BOND INDEX $10,000 starting value $9,450 starting value $10,000 starting value $13,952 ending value $11,834 ending value $11,426 ending value
S&P 500 INDEX is a market capitalization weighted price index composed of 500 widely held common stocks. LEHMAN BROTHERS U.S. AGGREGATE BOND INDEX is an unmanaged index and is composed of securities from the Lehman Brothers Government/Credit Bond Index, Mortgage-Backed Securities Index, Asset-Backed Index and Commercial Mortgage-Backed Securities Index. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distribution or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - ---------------------------------------------------------------- Conservative Allocation A# 5/28/2004 8.35% 8.00% - ---------------------------------------------------------------- Conservative Allocation A## 5/28/2004 2.39% 5.93% - ---------------------------------------------------------------- Conservative Allocation B# 5/28/2004 7.59% 7.32% - ---------------------------------------------------------------- Conservative Allocation B## 5/28/2004 2.59% 6.41% - ---------------------------------------------------------------- Conservative Allocation C# 5/28/2004 7.61% 7.29% - ---------------------------------------------------------------- Conservative Allocation C## 5/28/2004 6.61% 7.29% - ---------------------------------------------------------------- Conservative Allocation I# 5/28/2004 8.55% 8.07% - ---------------------------------------------------------------- Conservative Allocation R3# 5/28/2004 8.12% 7.92% - ---------------------------------------------------------------- Conservative Allocation R4# 5/28/2004 8.30% 7.98% - ---------------------------------------------------------------- Conservative Allocation R5# 5/28/2004 8.38% 8.01% - ----------------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I and R3, R4 and R5 shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGERS HUGH WHELAN Senior Vice President EDWARD C. CAPUTO Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Conservative Allocation Fund returned 5.50%, before sales charge, for the six months ended April 30, 2007, versus 4.69% for the Lipper Mixed-Asset Target Allocation Conservative Funds category, 2.64% for the Lehman Brothers U.S. Aggregate Bond Index, and 8.60% for the S&P 500 Index. WHY DID THE FUND PERFORM THIS WAY? The Fund's structure allows for investment across all market capitalizations and styles, both within the U.S. and internationally. This diversification is designed to enhance the long-term return and risk characteristics of the Fund. Generally, the Fund's target asset allocation is set at approximately 40% equity and 60% fixed-income. The Fund's equity allocation is structured around five equity indexes. For the six month period, the MSCI EAFE Index (international equities) was up 15.68%; the Russell MidCap Index (U.S. mid cap equities) was up 12.24%; the Russell 1000 Value Index (U.S. large cap equities) was up 9.79%; the Russell 1000 Growth Index (U.S. large cap equities) was up 8.42%; and the Russell 2000 Index (U.S. small cap equities) was up 6.86%. The Fund benefited from its international and mid cap equity exposure, as well as its large cap value bias. On the fixed income side, the yield curve steepened during the period, with the yield on the five year Treasury note decreasing five basis points to 4.51% and the yield on the 10-year Treasury note increasing two basis points to 4.62%. Within the major sectors of the Lehman Brothers U.S. Aggregate Bond Index, mortgage backed securities were the top performers, while U.S. Treasuries were the worst. The fixed income allocation is structured around six fixed income indices. For the six month period, the best performer was the Lehman Brothers High Yield Index (up 6.88%), followed by the CSFB Leveraged Loan Index (up 3.98%), Lehman Brothers U.S. Aggregate Bond Index (up 2.64%), Merrill Lynch 3- Month U.S. Treasury Bill Index (up 2.62%), Lehman Brothers 1-3 Year Government Index (up 2.34%), and Lehman U.S. TIPS (Treasury Inflation Protected Securities) Index (up 2.07%). Consequently, the Fund benefited from its allocation to high yield and floating rate notes, while the other asset classes underperformed the Fund's fixed income benchmark. The Fund's duration (i.e. sensitivity to changes in interest rates) is targeted to be less than the Lehman Brothers U.S. Aggregate Bond Index 11 - -------------------------------------------------------------------------------- based on risk preferences of the Fund. For the period, short duration positioning detracted from overall performance. Besides the asset allocation decision, the Fund's performance is also influenced by the performance of the underlying active fund mangers. In keeping with the Fund's long-term approach, we typically use cash flows to reallocate among the underlying funds. However, a hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was performed in November to align the actual allocations with our targets. WHAT IS THE OUTLOOK? Economic data continues to suggest weaker growth ahead, a trend that began in the first quarter of the year. Additionally, the Federal Reserve concluded at its March meeting that business executives are pessimistic about sales growth, which poses a downside risk to the economy. Other risks going forward include the potential effects of the ongoing troubles within the housing sector as well as persistently high energy and food costs, which could sap consumer spending. Although business activity has been sluggish, strong consumption supports growth. And while recent CPI data suggests some moderation in core inflation, inflationary pressures remain elevated. Unless these pressures ease, we believe it is unlikely that the Federal Reserve will cut rates in the foreseeable future, as many are anticipating. While we do not feel that the economy is headed for a recession, our outlook for growth and interest rates is biased to the lower side. COMPOSITION BY UNDERLYING FUND as of April 30, 2007
PERCENTAGE OF FUND NAME NET ASSETS - ------------------------------------------------------------------- Hartford Capital Appreciation Fund, Class Y 12.8% - ------------------------------------------------------------------- Hartford Disciplined Equity Fund, Class Y 4.0 - ------------------------------------------------------------------- Hartford Equity Income Fund, Class Y 8.9 - ------------------------------------------------------------------- Hartford Floating Rate Fund, Class Y 6.8 - ------------------------------------------------------------------- Hartford Global Leaders Fund, Class Y 3.9 - ------------------------------------------------------------------- Hartford Income Fund, Class Y 11.9 - ------------------------------------------------------------------- Hartford Inflation Plus Fund, Class Y 9.6 - ------------------------------------------------------------------- Hartford International Opportunities Fund, Class Y 2.2 - ------------------------------------------------------------------- Hartford International Small Company Fund, Class Y 1.3 - ------------------------------------------------------------------- Hartford Select Small Cap Value Fund, Class Y 2.7 - ------------------------------------------------------------------- Hartford Short Duration Fund, Class Y 16.1 - ------------------------------------------------------------------- Hartford Small Company Fund, Class Y 3.0 - ------------------------------------------------------------------- Hartford Total Return Bond Fund, Class Y 16.3 - ------------------------------------------------------------------- Other Assets & Liabilities 0.5 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
12 The Hartford Disciplined Equity Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS GROWTH OF CAPITAL. PERFORMANCE OVERVIEW(3) 4/30/98 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
DISCIPLINED EQUITY FUND S&P 500 INDEX ----------------------- ------------- 4/30/98 9450 10000 9242 9828 9592 10227 9592 10119 8269 8656 8829 9210 9625 9959 10156 10562 10847 11170 11198 11637 10790 11275 11311 11726 4/99 11652 12181 11416 11893 12145 12552 11889 12161 11719 12100 11368 11769 11861 12513 12177 12768 13104 13519 12359 12840 12330 12597 13648 13829 4/00 13104 13413 12779 13138 13249 13462 13143 13251 14028 14074 13181 13331 13123 13275 12073 12229 12254 12289 12855 12724 11813 11565 11172 10833 4/01 12073 11673 12174 11752 11923 11466 11663 11353 10971 10643 10059 9784 10380 9971 11111 10736 11212 10830 10951 10672 10631 10466 11021 10860 4/02 10250 10202 10150 10127 9298 9406 8657 8673 8707 8730 7755 7782 8446 8466 8897 8963 8396 8437 8116 8217 7985 8094 8036 8172 4/03 8657 8845 9128 9310 9208 9429 9328 9596 9538 9783 9538 9679 10100 10226 10250 10316 10777 10856 10937 11056 11058 11209 10887 11040 4/04 10737 10867 10727 11016 10968 11230 10526 10858 10516 10902 10627 11020 10697 11188 11158 11641 11611 12037 11388 11744 11611 11991 11388 11778 4/05 11187 11555 11590 11922 11722 11940 12146 12383 12115 12270 12237 12370 11893 12163 12338 12623 12315 12627 12618 12962 12608 12997 12730 13159 4/06 12851 13335 12487 12952 12497 12969 12507 13049 12780 13359 13032 13703 13336 14149 13559 14418 13770 14620 13984 14845 13607 14555 13984 14718 4/07 14606 15369
--- DISCIPLINED EQUITY FUND --- S&P 500 INDEX $9,450 starting value $10,000 starting value $14,606 ending value $15,369 ending value
S&P 500 INDEX is a market capitalization weighted price index composed of 500 widely held common stocks. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR 5 YEAR INCEPTION - ----------------------------------------------------------------- Disciplined Eqy A# 4/30/1998 13.65% 7.34% 4.95% - ----------------------------------------------------------------- Disciplined Eqy A## 4/30/1998 7.40% 6.13% 4.30% - ----------------------------------------------------------------- Disciplined Eqy B# 4/30/1998 12.83% 6.57% NA* - ----------------------------------------------------------------- Disciplined Eqy B## 4/30/1998 7.83% 6.26% NA* - ----------------------------------------------------------------- Disciplined Eqy C# 4/30/1998 12.85% 6.58% 4.24% - ----------------------------------------------------------------- Disciplined Eqy C## 4/30/1998 11.85% 6.58% 4.24% - ----------------------------------------------------------------- Disciplined Eqy R3# 4/30/1998 13.84% 7.81% 5.45% - ----------------------------------------------------------------- Disciplined Eqy R4# 4/30/1998 14.00% 7.84% 5.47% - ----------------------------------------------------------------- Disciplined Eqy R5# 4/30/1998 14.15% 7.87% 5.48% - ----------------------------------------------------------------- Disciplined Eqy Y# 4/30/1998 14.23% 7.89% 5.49% - -----------------------------------------------------------------
# Without sales charge ## With sales charge NA Not Applicable * Inception returns are not applicable for Classes B because after 8 years Class B converts to Class A. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class C shares commenced operations on 7/31/98. Performance prior to 7/31/98 reflects Class B performance less Class C sales charges where applicable. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGEMENT JAMES A. RULLO, CFA Senior Vice President, Partner MAMMEN CHALLY, CFA Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Disciplined Equity Fund returned 9.52%, before sales charge, for the six-month period ended April 30, 2007, outperforming its benchmark, the S&P 500 Index, which returned 8.60% for the same period. The Fund also outperformed the 8.25% return of the average fund in the Lipper Large-Cap Core Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Amid concerns of rising gas prices, a softening job market and a continued housing slump, equity markets delivered strong returns during the six month period. The S&P 500 Index was up 8.60% for the period and showed broad-based strength, posting positive results in all ten sectors. Sector results were led by Utilities, Materials, and Energy. Consumer Discretionary, Financials and Information Technology all posted robust returns but lagged the general market. The Fund's outperformance versus the S&P 500 Index was driven by stock selection. The Fund benefited from positive selection relative (i.e. performance of the Fund as measured against the benchmark) to the benchmark in the Health Care, Consumer Discretionary and Consumer Staples sectors. Top relative contributors to the Fund included MEMC Electronic Materials, Schering-Plough and Goodyear Tire & Rubber. MEMC, a company that produces wafers for the semiconductor industry and silicon products for solar panels, saw its stock soar during the period. The company is benefiting from the current shortage in the polysilicon market and strong growth in solar demand which are translating into elevated polysilicon prices and record margins. Shares in pharmaceutical company Schering-Plough rose on strong results and investor enthusiasm for the announced acquisition of Organon Biosciences. We expect the deal to be accretive (i.e. increase earnings per share) with marketing and sales synergies, an attractive combined hospital franchise, and a #1 share in animal health. Shares of Goodyear Tire rose during the period, carried by the company's decision to sell its Engineered Products business to a private equity firm. Investors were also pleased by other cost- 13 - -------------------------------------------------------------------------------- cutting initiatives including plant closures and product reassignments. Other stocks that contributed positively to absolute (i.e. total return) returns included AT&T and ConocoPhillips. Stock selection within Industrials and Financials detracted from returns. Stocks that detracted most from relative performance include Motorola, Office Depot and Bank of America. Motorola stumbled during the period as it depended too heavily on the continued success of their record-breaking RAZR line of phones. Profit margins dropped dramatically as management cut pricing in order to spur sales. We chose to exit the position given our belief that earnings will continue to fall throughout 2007. Despite a rise in fourth-quarter earnings, shares of office supplier Office Depot fell as the company reported disappointing same-store sales and results from their delivery business disappointed. Longer-term, the company is well positioned but we exited our position as we see better value elsewhere. Shares of Bank of America declined as subprime market woes weighed heavily on lenders. We continue to hold the stock as the low risk profile, cheap valuation and ability to grow earnings in a tough environment makes this an attractive holding. Additional stocks that detracted from the Fund's absolute performance included pharmaceutical company Amgen and software company Symantec. WHAT IS THE OUTLOOK? The Fund focuses on stock selection as the key driver of returns and uses quantitative portfolio construction techniques to build a portfolio insulated from some factors that may cause serious under-performance versus the benchmark. These factors, which include a growth or value orientation, large cash positions, overexposure to small or large cap stocks and excessive sector bets, are closely scrutinized and monitored for their impact on overall portfolio risk. The majority of Fund risk is expected to come from stock selection decisions. As a result of our bottom-up stock selection process, at the end of the period the Fund was overweight (i.e. the Fund's sector position was greater than the benchmark position) the Health Care, Consumer Discretionary, Telecommunications and Energy sectors and underweight (i.e. the Fund's sector position was less than the benchmark position) the Industrials, Consumer Staples, Materials, and Utilities sectors. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 4.1% - ------------------------------------------------------------------- Capital Goods 5.1 - ------------------------------------------------------------------- Consumer Cyclical 8.9 - ------------------------------------------------------------------- Consumer Staples 2.0 - ------------------------------------------------------------------- Energy 11.1 - ------------------------------------------------------------------- Finance 25.6 - ------------------------------------------------------------------- Health Care 12.3 - ------------------------------------------------------------------- Services 5.2 - ------------------------------------------------------------------- Technology 22.7 - ------------------------------------------------------------------- Transportation 0.2 - ------------------------------------------------------------------- Utilities 2.5 - ------------------------------------------------------------------- Short-Term Investments 7.4 - ------------------------------------------------------------------- Other Assets & Liabilities -7.1 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
14 The Hartford Dividend and Growth Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS A HIGH LEVEL OF CURRENT INCOME CONSISTENT WITH GROWTH OF CAPITAL. PERFORMANCE OVERVIEW(3) 4/30/97 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
DIVIDEND AND GROWTH FUND S&P 500 INDEX RUSSELL 1000 VALUE INDEX ------------------------ ------------- ------------------------ 4/30/97 9450 10000 10000 10060 10608 10559 10602 11083 11012 11214 11965 11840 10680 11295 11418 11310 11913 12108 10971 11516 11770 11491 12048 12290 11724 12255 12649 11875 12391 12470 12377 13284 13310 13028 13963 14124 4/98 12956 14104 14218 12741 13862 14007 12874 14424 14187 12778 14271 13937 11144 12208 11863 11842 12990 12543 12680 14045 13515 13058 14896 14145 13420 15754 14626 13291 16413 14743 13089 15903 14535 13412 16539 14836 4/99 14237 17179 16221 13873 16774 16043 14340 17704 16509 13894 17152 16025 13537 17066 15431 13178 16599 14891 13935 17649 15749 13857 18008 15625 14034 19068 15701 13468 18110 15189 12710 17767 14060 14108 19504 15776 4/00 13933 18918 15592 14225 18529 15756 13779 18986 15036 13779 18690 15225 14560 19850 16072 14698 18802 16219 14985 18722 16617 14690 17247 16001 15442 17332 16802 15204 17947 16867 15062 16311 16398 14578 15278 15818 4/01 15322 16464 16594 15579 16574 16967 15178 16172 16591 15276 16012 16555 14788 15011 15892 13825 13799 14774 13834 14063 14646 14581 15141 15498 14736 15275 15863 14773 15052 15741 14999 14762 15766 15398 15317 16512 4/02 14762 14389 15946 14898 14283 16026 14117 13266 15105 13025 12233 13701 12934 12312 13805 11530 10975 12270 12377 11940 13179 13207 12642 14009 12646 11900 13401 12216 11589 13076 11961 11415 12728 11935 11526 12749 4/03 12805 12475 13871 13619 13131 14766 13735 13299 14951 13863 13534 15173 14166 13797 15410 13995 13651 15260 14657 14422 16193 14924 14549 16413 15891 15312 17425 15937 15593 17731 16222 15809 18111 16019 15571 17953 4/04 15862 15327 17514 15871 15537 17693 16274 15839 18111 15904 15315 17855 16042 15376 18109 16318 15542 18390 16494 15780 18696 17196 16418 19641 17799 16977 20299 17357 16563 19938 17978 16911 20599 17617 16612 20317 4/05 17240 16297 19953 17542 16815 20433 17623 16839 20657 18238 17465 21254 18238 17306 21162 18560 17446 21459 18123 17155 20914 18676 17803 21602 18763 17810 21731 19417 18281 22575 19318 18331 22712 19623 18559 23020 4/06 20129 18808 23605 19701 18267 23009 19724 18291 23156 20074 18404 23719 20433 18841 24116 20798 19327 24596 21499 19956 25402 21995 20335 25981 22433 20620 26565 22658 20937 26904 22315 20528 26485 22682 20758 26894 4/07 23702 21677 27888
--- DIVIDEND AND GROWTH --- S&P 500 INDEX -- RUSSELL 1000 VALUE INDEX FUND $10,000 starting value $10,000 starting value $9,450 starting value $21,677 ending value $27,888 ending value $23,702 ending value
S&P 500 INDEX is a market capitalization weighted price index composed of 500 widely held common stocks. RUSSELL 1000 VALUE INDEX measures the performance of those Russell 1000 Index companies with lower price-to-book ratios and lower forecasted growth values. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION 1 5 10 SINCE DATE YEAR YEAR YEAR INCEPTION - ----------------------------------------------------------------------- Div & Growth A# 7/22/1996 17.75% 9.93% 9.63% 10.91% - ----------------------------------------------------------------------- Div & Growth A## 7/22/1996 11.27% 8.69% 9.01% 10.33% - ----------------------------------------------------------------------- Div & Growth B# 7/22/1996 16.76% 9.05% NA* NA* - ----------------------------------------------------------------------- Div & Growth B## 7/22/1996 11.76% 8.76% NA* NA* - ----------------------------------------------------------------------- Div & Growth C# 7/22/1996 16.85% 9.17% 8.87% 10.15% - ----------------------------------------------------------------------- Div & Growth C## 7/22/1996 15.85% 9.17% 8.87% 10.15% - ----------------------------------------------------------------------- Div & Growth I# 7/22/1996 17.94% 9.96% 9.64% 10.93% - ----------------------------------------------------------------------- Div & Growth R3# 7/22/1996 17.85% 10.41% 10.13% 11.42% - ----------------------------------------------------------------------- Div & Growth R4# 7/22/1996 17.99% 10.43% 10.14% 11.43% - ----------------------------------------------------------------------- Div & Growth R5# 7/22/1996 18.13% 10.46% 10.15% 11.44% - ----------------------------------------------------------------------- Div & Growth Y# 7/22/1996 18.20% 10.47% 10.16% 11.45% - -----------------------------------------------------------------------
# Without sales charge ## With sales charge NA Not Applicable * 10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class C shares commenced operations on 7/31/98. Performance prior to 7/31/98 reflects Class B performance less Class C sales charges where applicable. Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGER EDWARD P. BOUSA, CFA Senior Vice President, Partner - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Dividend and Growth Fund returned 10.25%, before sales charge, for the six-month period ended April 30, 2007, outperforming its benchmark, the S&P 500 Index, which returned 8.60% for the same period. The Fund also outperformed the 9.32% return of the average fund in the Lipper Equity Income Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Overall equity market performance was strong for the period. Large cap equities (+8.6%) outpaced small cap stocks (+6.9%) but underperformed mid caps (+12.0%) as represented by the S&P 500, Russell 2000, and S&P 400 MidCap indices respectively. Additionally, value-oriented stocks continued to dominate growth-oriented stocks. During the six month period, Utilities (+18.1%) and Materials (+16.0%) were clear leaders within the broad market, as represented by the S&P 500 Index, while Consumer Discretionary (+5.2%) and Financials (+5.7) were the weakest sectors in comparison. The Fund's outperformance relative to the S&P 500 Index was due to both positive stock selection and good sector allocation. Particularly strong stock selection in the Health Care sector drove relative outperformance but was modestly offset by weaker security selection in the Energy sector. Additionally, our overweight (i.e. the Fund's sector position was greater than the benchmark position) allocation to Energy and Materials contributed positively to benchmark relative i.e. (performance of the Fund as measured against the benchmark) performance. The Fund's top three contributors to absolute performance over the period were Schering-Plough (Health Care), AT&T (Telecom- 15 - -------------------------------------------------------------------------------- munication Services) and Chevron (Energy). In addition, on a benchmark relative basis, Deere & Co (Industrials) and Cia Vale do Rio Doce (CVRD) (Materials) were significant contributors to performance. Schering-Plough's shares benefited from a strong drug pipeline where the company has three "fast track" designated programs for FDA approval. AT&T continues to benefit from both its integration with BellSouth and from a more consolidated Telecommunication Services industry, which in our opinion is showing signs of stabilization and even growth prospects. Chevron's shares continue to benefit from higher energy prices and Deere's shares continue to climb as the company realizes growing agriculture equipment sales. Brazilian mining company Cia Vale do Rio Doce's shares rose as strong markets for iron ore and nickel supported higher earnings and guidance. In addition, results from recently acquired Inco exceeded the market's expectations. At the end of the period, we held our positions in these stocks. Detractors from performance included Motorola (Information Technology), Bank of America (Financials) and Wal-Mart (Consumer Discretionary). Motorola's shares fell on concerns of their product line as the RAZR matures and as competitors gain traction in the cell phone market. We eliminated our position in Motorola during the period. Bank of America's shares weakened following management's report that net fee income was lower than expected, driven mainly by softness in credit cards. Wal-Mart's shares fell due to weakening same store sales that resulted from a Holiday shift and colder than average temperatures. The Fund's relative performance was also negatively impacted by owning Warner Music (Consumer Discretionary), whose shares declined on news that its digital music sales would not offset the rapid decline in physical music sales. We eliminated our position during the period. WHAT IS THE OUTLOOK? Our discipline is focused on identifying industries where supply/demand remains favorable. We remain overweight Energy, as global demand remains strong and supply is constrained on a slowdown in spending as well as Iran-related issues. Also, we continue to see favorable supply/demand characteristics in the agriculture markets. The housing sector was weak during the first quarter. We have increased our focus on some of the out-of-favor names but have not acted as yet. Based on these views and our bottom-up stock selection, at the end of the period, relative to the S&P 500 Index, the Fund was overweight Energy, Materials, Consumer Staples, Utilities, Telecommunication Services, and Industrials and underweight Information Technology, Financials, Consumer Discretionary, and Health Care. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 7.6% - ------------------------------------------------------------------- Capital Goods 4.7 - ------------------------------------------------------------------- Consumer Cyclical 7.9 - ------------------------------------------------------------------- Consumer Staples 6.6 - ------------------------------------------------------------------- Energy 15.6 - ------------------------------------------------------------------- Finance 16.2 - ------------------------------------------------------------------- Health Care 10.0 - ------------------------------------------------------------------- Services 7.0 - ------------------------------------------------------------------- Technology 15.5 - ------------------------------------------------------------------- Transportation 0.5 - ------------------------------------------------------------------- Utilities 5.4 - ------------------------------------------------------------------- Short-Term Investments 16.7 - ------------------------------------------------------------------- Other Assets & Liabilities -13.7 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
16 The Hartford Equity Growth Allocation Fund (formerly The Hartford Aggressive Growth Allocation Fund) (advised by Hartford Investment Financial Services, LLC) INVESTMENT OBJECTIVE -- SEEKS LONG-TERM CAPITAL APPRECIATION. PERFORMANCE OVERVIEW(3) 5/28/04 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
EQUITY GROWTH ALLOCATION FUND S&P 500 INDEX ----------------------------- ------------- 5/28/04 9450 10000 9450 10000 9705 10194 9318 9857 8/04 9280 9897 9592 10004 9809 10157 10291 10567 12/04 10669 10927 10357 10661 10565 10885 10328 10692 4/05 10073 10490 10442 10823 10612 10838 11029 11241 8/05 11038 11139 11162 11229 10849 11042 11329 11459 12/05 11536 11463 12127 11766 12041 11798 12280 11945 4/06 12538 12105 11984 11757 11918 11773 11755 11846 8/06 12013 12127 12185 12439 12605 12844 12984 13088 12/06 13195 13272 13414 13476 13225 13213 13483 13360 4/07 13949 13952
--- EQUITY GROWTH ALLOCATION FUND --- S&P 500 INDEX $9,450 starting value $10,000 starting value $13,949 ending value $13,952 ending value
S&P 500 INDEX is a market capitalization weighted price index composed of 500 widely held common stocks. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - ---------------------------------------------------------------------- Equity Growth Allocation A# 5/28/2004 11.25% 14.25% - ---------------------------------------------------------------------- Equity Growth Allocation A## 5/28/2004 5.13% 12.06% - ---------------------------------------------------------------------- Equity Growth Allocation B# 5/28/2004 10.54% 13.49% - ---------------------------------------------------------------------- Equity Growth Allocation B## 5/28/2004 5.54% 12.68% - ---------------------------------------------------------------------- Equity Growth Allocation C# 5/28/2004 10.47% 13.47% - ---------------------------------------------------------------------- Equity Growth Allocation C## 5/28/2004 9.47% 13.47% - ---------------------------------------------------------------------- Equity Growth Allocation I# 5/28/2004 11.46% 14.32% - ---------------------------------------------------------------------- Equity Growth Allocation R3# 5/28/2004 11.09% 14.19% - ---------------------------------------------------------------------- Equity Growth Allocation R4# 5/28/2004 11.25% 14.25% - ---------------------------------------------------------------------- Equity Growth Allocation R5# 5/28/2004 11.41% 14.30% - ----------------------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I, R3, R4 and R5 shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGERS HUGH WHELAN Senior Vice President EDWARD C. CAPUTO Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Equity Allocation Fund returned 10.66%, before sales charge, for the six months ended April 30, 2007, versus 8.60% for the S&P 500 Index, and 9.25% for the Lipper Multi-Cap Core Funds category, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? The Fund's structure allows for investment across all market capitalizations and styles, both within the U.S. and internationally. This diversification is designed to enhance the long-term return and risk characteristics of the Fund. The Fund's equity allocation is structured around five equity indexes. For the six month period, the MSCI EAFE Index (international equities) was up 15.68%; the Russell MidCap Index (U.S. mid cap equities) was up 12.24%; the Russell 1000 Value Index (U.S. large cap equities) was up 9.79%; the Russell 1000 Growth Index (U.S. large cap equities) was up 8.42%; and the Russell 2000 Index (U.S. small cap equities) was up 6.86%. The Fund benefited from its international and mid cap equity exposure, as well as its large cap value bias. Besides the asset allocation decision, the Fund's performance is also influenced by the performance of the underlying active fund mangers. In keeping with the Fund's long-term approach, we typically use cash flows to reallocate among the underlying funds. However, a hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was performed in November to align the actual allocations with our targets. WHAT IS THE OUTLOOK? Economic data continues to suggest weaker growth ahead, a trend that began in the first quarter of the year. Additionally, the Federal Reserve concluded at its March meeting that business executives are pessimistic about sales growth, which poses a downside risk to the economy. Other risks going forward include the potential effects of the ongoing troubles within the housing sector as well as 17 - -------------------------------------------------------------------------------- persistently high energy and food costs, which could sap consumer spending. Although business activity has been sluggish, strong consumption supports growth. And while recent CPI data suggests some moderation in core inflation, inflationary pressures remain elevated. Unless these pressures ease, we believe it is unlikely that the Federal Reserve will cut rates in the foreseeable future, as many are anticipating. While we do not feel that the economy is headed for a recession, our outlook for growth and interest rates is biased to the lower side. We will continue to seek outperformance by focusing on our disciplined long-term approach of asset allocation. COMPOSITION BY UNDERLYING FUND as of April 30, 2007
PERCENTAGE OF FUND NAME NET ASSETS - ------------------------------------------------------------------- Hartford Capital Appreciation Fund, Class Y 23.6% - ------------------------------------------------------------------- Hartford Disciplined Equity Fund, Class Y 8.5 - ------------------------------------------------------------------- Hartford Equity Income Fund, Class Y 4.8 - ------------------------------------------------------------------- Hartford Global Leaders Fund, Class Y 7.2 - ------------------------------------------------------------------- Hartford Growth Opportunities Fund, Class Y 6.5 - ------------------------------------------------------------------- Hartford International Opportunities Fund, Class Y 6.2 - ------------------------------------------------------------------- Hartford International Small Company Fund, Class Y 6.3 - ------------------------------------------------------------------- Hartford Select MidCap Value Fund, Class Y 1.9 - ------------------------------------------------------------------- Hartford Select Small Cap Value Fund, Class Y 7.0 - ------------------------------------------------------------------- Hartford Small Company Fund, Class Y 8.7 - ------------------------------------------------------------------- Hartford Value Fund, Class Y 19.3 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
18 The Hartford Equity Income Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS A HIGH LEVEL OF CURRENT INCOME CONSISTENT WITH GROWTH OF CAPITAL. PERFORMANCE OVERVIEW(3) 8/28/03 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
EQUITY INCOME FUND RUSSELL 1000 VALUE INDEX ------------------ ------------------------ 8/28/03 9450 10000 9450 10063 9403 9965 9800 10575 9944 10718 10613 11379 10546 11579 10736 11827 10623 11723 4/04 10432 11437 10470 11553 10633 11826 10422 11660 10642 11826 10764 12009 10860 12209 11287 12826 11623 13255 11458 13020 11904 13452 11607 13267 4/05 11568 13029 11617 13343 11678 13489 12012 13879 11982 13819 12174 14013 11918 13657 12179 14106 12201 14190 12540 14742 12739 14832 12754 15032 4/06 13244 15414 12954 15025 13042 15121 13394 15489 13595 15748 13802 16062 14146 16588 14333 16966 14718 17347 14866 17569 14729 17295 15047 17562 4/07 15598 18211
--- EQUITY INCOME FUND --- RUSSELL 1000 VALUE INDEX $9,450 starting value $10,000 starting value $15,598 ending value $18,211 ending value
RUSSELL 1000 VALUE INDEX measures the performance of those Russell 1000 Index companies with lower price-to-book ratios and lower forecasted growth values. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. PORTFOLIO MANAGER JOHN R. RYAN, CFA Senior Vice President, Partner AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - ------------------------------------------------------ Equity Income A# 8/28/2003 17.78% 14.62% - ------------------------------------------------------ Equity Income A## 8/28/2003 11.30% 12.86% - ------------------------------------------------------ Equity Income B# 8/28/2003 16.79% 13.67% - ------------------------------------------------------ Equity Income B## 8/28/2003 11.79% 13.09% - ------------------------------------------------------ Equity Income C# 8/28/2003 16.90% 13.81% - ------------------------------------------------------ Equity Income C## 8/28/2003 15.90% 13.81% - ------------------------------------------------------ Equity Income I# 8/28/2003 17.88% 14.64% - ------------------------------------------------------ Equity Income R3# 8/28/2003 17.91% 15.09% - ------------------------------------------------------ Equity Income R4# 8/28/2003 17.99% 15.12% - ------------------------------------------------------ Equity Income R5# 8/28/2003 18.16% 15.16% - ------------------------------------------------------ Equity Income Y# 8/28/2003 18.24% 15.18% - ------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Equity Income Fund returned 10.27%, before sales charge, for the six-month period ended April 30, 2007, outperforming its benchmark, the Russell 1000 Value Index, which returned 9.79% for the same period. The Fund also outperformed the 9.32% return of the average fund in the Lipper Equity Income Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? During the period, U.S. equities posted strong positive returns supporting the Fund's positive returns. Continuing the trend of the last seven years, value-oriented stocks outperformed growth-oriented stocks, measured by the Russell 1000 Value Index (9.79%) versus the Russell 1000 Growth Index (8.42%). All ten broad industry sectors of the Fund's Russell 1000 Value Index benchmark posted positive returns, with Utilities (19.64%) and Materials (18.65%) leading the way. In a reversal of prior trends, large cap stocks outperformed small cap stocks and underperformed mid cap stocks. The Russell 2000 Small Cap Index returned (6.86%), compared to the S&P 500 Index return of (8.60%) and the S&P 400 Mid Cap Index return of (11.98%). The primary driver of the Fund's relative (i.e. performance of the Fund as measured against the benchmark) outperformance during the period was favorable sector allocation. In particular, we were overweight (i.e. the Fund's sector position was greater than the benchmark position) Utilities, Materials, and Industrials and underweight (i.e. the Fund's sector position was less than the benchmark position) Financials. Overall stock selection was mixed, with the strongest contributions in Health Care, Utilities and Consumer Staples. The three largest absolute (i.e. total return) contributors to performance were FPL Group (Utilities), AT&T (Telecommunication Services) and Exxon Mobil (Energy). In addition, on a relative basis, Baxter International (Health Care) and Exelon Corporation (Utilities) were also significant contributors. FPL is one of the largest integrated utilities in the US. The stock benefited from better than expected results at FPL Energy and increasing valuations for unregulated assets. AT&T's shares benefited from its much anticipated merger with BellSouth. Exxon Mobil's shares climbed due to high demand for energy and higher prices. Baxter reported better than expected earnings reflecting significant margin expansion and strong pricing in their plasma business. Exelon continues to perform strongly as we near conclusion on the Illinois power auction. We owned these stocks at the end of the period. The three largest benchmark relative detractors owned in the portfolio were Bank of America (Financials), US Bancorp (Financials) and Halliburton (Energy). Bank of America's shares weakened following management's report that net fee income was 19 - -------------------------------------------------------------------------------- lower than expected, driven mainly by softness in credit cards. US Bancorp's shares declined over concerns about lower loan growth due to a slowing economy, as well as heightened concerns about exposure to sub prime loans. We eliminated Halliburton due to a drilling slowdown in the Rockies and Canada resulting from spending declines by exploration companies. WHAT IS THE OUTLOOK? While global economic growth appears to be on track, there clearly has been a deceleration in the U.S. We continue to anticipate 2-3% domestic GDP growth, with global growth above 3% and global profit growth in the single digits. Overall, the inflation picture is mixed, as the recovery in oil prices and increases in grain prices predict increased pressure on inflation and interest rates. The biggest negative in the economy is housing, which was overbuilt and clearly is correcting. However, we consider physical statistics such as freight volumes and airline passenger figures as more useful gauges of the overall health of the economy, and so far these measures point toward steady but slowing growth. Recently, the market has punished caution and rewarded risk, but we may be entering a period where risk is more efficiently priced. We are positioned for continued global growth, but have taken cyclical exposure off the table on the margin by buying consumer staples companies and selling more economically sensitive names. At the end of the period, relative to the Russell 1000 Value Index, the Fund was overweight Industrials, Utilities, Consumer Staples, Materials, Health Care and Telecommunications Services and underweight Consumer Discretionary, Financials, Energy and Information Technology. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 7.9% - ------------------------------------------------------------------- Capital Goods 6.9 - ------------------------------------------------------------------- Consumer Cyclical 2.5 - ------------------------------------------------------------------- Consumer Staples 7.1 - ------------------------------------------------------------------- Energy 11.2 - ------------------------------------------------------------------- Finance 28.8 - ------------------------------------------------------------------- Health Care 8.4 - ------------------------------------------------------------------- Services 1.9 - ------------------------------------------------------------------- Technology 12.1 - ------------------------------------------------------------------- Utilities 10.9 - ------------------------------------------------------------------- Short-Term Investments 6.8 - ------------------------------------------------------------------- Other Assets & Liabilities -4.5 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
20 The Hartford Floating Rate Fund (subadvised by Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS A HIGH LEVEL OF CURRENT INCOME. PERFORMANCE OVERVIEW(3) 4/29/05 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
FLOATING RATE FUND CSFB LEVERAGED LOAN INDEX ------------------ ------------------------- 4/29/05 9700 10000 9681 10008 9799 10075 9869 10154 8/05 9960 10225 9984 10273 9997 10306 10042 10340 12/05 10100 10391 10159 10460 10230 10533 10292 10611 4/06 10354 10662 10377 10703 10402 10747 10457 10803 8/06 10536 10877 10583 10936 10654 11010 10714 11069 12/06 10774 11154 10878 11248 10956 11331 10997 11386 4/07 11057 11448
--- FLOATING RATE FUND --- CSFB LEVERAGED LOAN INDEX $9,700 starting value $10,000 starting value $11,057 ending value $11,448 ending value
CSFB LEVERAGED LOAN INDEX is designed to mirror the investable universe of the $U.S.-denominated leveraged loan market. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - ------------------------------------------------------ Floating Rate A# 1/1/2005 6.78% 6.75% - ------------------------------------------------------ Floating Rate A## 1/1/2005 3.58% 5.14% - ------------------------------------------------------ Floating Rate B# 1/1/2005 5.92% 5.90% - ------------------------------------------------------ Floating Rate B## 1/1/2005 0.92% 4.48% - ------------------------------------------------------ Floating Rate C# 1/1/2005 6.00% 5.96% - ------------------------------------------------------ Floating Rate C## 1/1/2005 5.00% 5.96% - ------------------------------------------------------ Floating Rate I# 1/1/2005 7.06% 6.89% - ------------------------------------------------------ Floating Rate R3# 1/1/2005 6.88% 6.90% - ------------------------------------------------------ Floating Rate R4# 1/1/2005 6.97% 6.95% - ------------------------------------------------------ Floating Rate R5# 1/1/2005 7.15% 7.04% - ------------------------------------------------------ Floating Rate Y# 1/1/2005 7.10% 7.01% - ------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGERS MICHAEL BACEVICH Managing Director JOHN CONNOR Senior Vice President, Credit Research Analyst - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Floating Rate Fund returned 3.78%, before sales charge, for the six-month period ended April 30, 2007, versus its benchmark, the CSFB Leveraged Loan Index, which returned 3.99%, and the 3.74% average return of the Lipper Loan Participation Funds category, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? As the Fund continued its recent pace of strong growth during the period, we were active buyers of newly issued leveraged bank loans and floating rate high yield bonds. Specifically, we participated in several "landmark" financings during the period, including transactions for Freeport-McMoran Copper and Gold Inc., Charter Communications, Celanese Corporation, Univision, Reader's Digest, and Equity Office Properties, as well as numerous smaller deals. The Freeport deal, which included $11 billion of bank loans, was the second largest such transaction ever completed, and we participated in both bank loan and floating rate note offerings for the company; both positions have benefited Fund performance. We also executed a large volume of secondary loan and bond trades in order to grow several core positions, while also pruning some of our relatively weaker holdings in the building products and technology sectors. During the period we moderately increased our high yield bond exposure, which is comprised of both floating rate notes and short duration, fixed rate holdings. Our high yield purchases were generally accretive (i.e. additive) to portfolio value. The portfolio's sector weights are generally in line with those of the CSFB Leveraged Loan Index, with the exceptions of a slight overweight (i.e. the Fund's sector position was greater than the benchmark position) position in the Media/Telecom sectors reflecting our very positive outlook for cable and broadcasting, and moderately underweight (i.e. the Fund's sector position was less than the benchmark position) positions in both the Information Technology and Metals/Minerals sectors, reflecting our more cautious approach to these industries. On an issuer basis, the overall diversification of the portfolio increased; at the end of the period, there was only one position representing greater than 1% of Fund assets. There were no new loan/bond defaults in the quarter. 21 - -------------------------------------------------------------------------------- WHAT IS THE OUTLOOK? We remain positive on the floating rate asset class in general. We believe that floating rates (e.g. LIBOR) are likely to remain generally flat well into, if not through all of the second half of 2007, and that relatively benign economic conditions in the U.S. and Europe will enhance the overall stability of both the primary and secondary loan markets. The bank loan and high yield bond markets have continued to be extremely liquid and have retained a positive tone towards new issues and secondary trading levels. We also anticipate that the major challenges that have recently arisen in U.S. credit markets (e.g. sub-prime lending and other real estate-related issues) will have relatively minor impact on our portfolio, and that the Fund's defensive orientation and strong diversification will position it well for most scenarios going forward. Going forward, a key challenge for us will be to avoid, or at least minimize, potential credit problems associated with very aggressive transactions in the bank loan market. Specifically, we continue to see numerous deals that contain relatively little standard financial covenant protection, have excessive leverage, or are in volatile or weakening industries such as auto and technology. Consequently, we are turning down an increasing number of new issue loan opportunities that fail to meet our standards. As always, we remain focused on maintaining the solid credit quality of the Fund via extensive due diligence of new opportunities, active secondary trading, and portfolio diversification. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 13.6% - ------------------------------------------------------------------- Capital Goods 2.7 - ------------------------------------------------------------------- Consumer Cyclical 13.2 - ------------------------------------------------------------------- Consumer Staples 4.5 - ------------------------------------------------------------------- Energy 1.8 - ------------------------------------------------------------------- Finance 9.1 - ------------------------------------------------------------------- Health Care 10.3 - ------------------------------------------------------------------- Services 23.4 - ------------------------------------------------------------------- Technology 15.4 - ------------------------------------------------------------------- Transportation 3.1 - ------------------------------------------------------------------- Utilities 3.2 - ------------------------------------------------------------------- Short-Term Investments 4.8 - ------------------------------------------------------------------- Other Assets & Liabilities -5.1 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
22 The Hartford Fundamental Growth Fund (formerly The Hartford Focus Fund) (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS LONG-TERM CAPITAL APPRECIATION. PERFORMANCE OVERVIEW(2) 5/24/01 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
FUNDAMENTAL EQUITY FUND S&P 500 INDEX RUSSELL 1000 VALUE INDEX ----------------------- ------------- ------------------------ 5/24/2001 9450 10000 10000 9441 9715 9853 9185 9479 9625 8996 9386 9384 8770 8799 8617 8014 8088 7756 8335 8243 8163 9129 8875 8948 9526 8953 8931 9176 8823 8773 9072 8652 8409 9299 8978 8700 4/02 8439 8434 7990 8222 8372 7796 7513 7776 7075 7125 7170 6686 7088 7217 6706 6275 6433 6011 6917 6998 6562 7626 7410 6918 7106 6975 6441 6927 6793 6284 6719 6691 6255 6738 6756 6372 4/03 7229 7312 6843 7664 7697 7184 7721 7795 7283 8042 7933 7465 8108 8087 7650 7919 8002 7568 8448 8454 7993 8514 8528 8077 9034 8975 8356 9091 9140 8527 9110 9267 8581 8892 9127 8422 4/04 8703 8984 8324 8807 9107 8479 9063 9284 8585 8855 8977 8100 8826 9013 8060 8789 9110 8137 8637 9249 8264 8996 9624 8548 9246 9951 8883 9029 9708 8587 9218 9913 8678 8887 9737 8520 4/05 8849 9553 8358 9209 9856 8762 9190 9870 8730 9662 10237 9156 9643 10144 9039 9785 10226 9080 9700 10056 8992 10069 10435 9380 10121 10439 9350 10312 10716 9515 10207 10745 9500 10283 10878 9640 4/06 10417 11024 9627 10122 10707 9300 9846 10722 9264 9684 10788 9087 9998 11044 9371 10217 11328 9628 10484 11697 9967 10912 11919 10164 11055 12086 10199 11207 12272 10461 11017 12033 10264 11007 12167 10320 4/07 11464 12706 10806
--- FUNDAMENTAL GROWTH FUND --- S&P 500 INDEX -- RUSSELL 1000 GROWTH INDEX $9,450 starting value $10,000 starting value $10,000 starting value $11,464 ending value $12,706 ending value $10,806 ending value
S&P 500 INDEX is a market capitalization weighted price index composed of 500 widely held common stocks. RUSSELL 1000 GROWTH INDEX is an unmanaged index that measures the performance of those Russell 1000 Index companies with higher price-to-book ratios and higher forecasted growth values. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR 5 YEAR INCEPTION - ------------------------------------------------------- Focus A# 5/24/2001 10.05% 6.31% 3.31% - ------------------------------------------------------- Focus A## 5/24/2001 3.99% 5.12% 2.33% - ------------------------------------------------------- Focus B# 5/24/2001 9.31% 5.55% 2.56% - ------------------------------------------------------- Focus B## 5/24/2001 4.31% 5.22% 2.41% - ------------------------------------------------------- Focus C# 5/24/2001 9.21% 5.55% 2.56% - ------------------------------------------------------- Focus C## 5/24/2001 8.21% 5.55% 2.56% - ------------------------------------------------------- Focus Y# 5/24/2001 10.52% 6.78% 3.77% - -------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (2) Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGER FRANCIS J. BOGGAN, CFA Senior Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Fundamental Growth Fund returned 9.35%, before sales charge, for the six-month period ended April 30, 2007, versus the returns of 8.60% for the S&P 500 Index and 8.42% for the Russell 1000 Growth Index. The Fund also outperformed the 8.25% return of the average fund in the Lipper Large Cap Core Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Amid concerns of rising gas prices, a softening job market and a continued housing slump, equity markets posted strong returns during the six month period. The benchmark showed broad based strength, posting positive results in all ten sectors. Sector results were led by Utilities, Materials, and Energy. Consumer Discretionary, Information Technology, and Consumer Staples all posted robust returns but lagged the broader market. The Fund outperformed during the period due to strong stock selection across several sectors including Health Care, Information Technology and Materials. Sector allocation, a result of bottom-up stock selection, also played a major role as the Fund's overweight (i.e. the Fund's sector position was greater than the benchmark position) position to strongly performing Energy and Utilities contributed positively to benchmark relative (i.e. performance of the Fund as measured against the benchmark) returns. The three largest contributors to relative performance were First Data, Cia Vale do Rio Doce (CVRD), and EMC. Electronic payment service provider First Data's stock appreciated during the period as it was the target of a leveraged buyout bid from Kohlberg Kravis Roberts (KKR). We eliminated the stock on strong performance. The stock of Brazilian mining company CVRD continued to rise during the period, bolstered by commodity prices. Additionally, implementation of the company's strategy to integrate its Inco acquisition should generate synergies for the company. We continue to view the company as well-positioned in iron ore and nickel, which should drive strong fundamentals over the next few years. Shares of information storage provider EMC rose as it announced stronger-than-expected profits and surging sales. The company has benefited from its expensive push to grow offerings with a string of acquisitions 23 - -------------------------------------------------------------------------------- during recent years. International growth has also contributed to results. We continue to view the company favorably but have trimmed our position on strong performance. Other stocks that contributed to positive absolute (i.e. total return) performance included Deere, Citigroup and Cameco. Stock selection within the Financials, Energy and Consumer Staples sectors hurt relative performance. Top detractors from relative performance included Circuit City, United Parcel Service and Countrywide Financial. Shares of Circuit City tumbled after the consumer electronics retailer posted disappointing third-quarter results. Circuit City has been a turnaround story selling at very depressed valuations and they have struggled executing its turnaround plan consistently. Slowing U.S. industrial production has weighed on shares of United Parcel Service, but we still have confidence in the longer term story. Countrywide, the large U.S. residential mortgage lender saw shares decline as it announced that mortgage delinquencies and foreclosures are at, or near, multi- year highs, raising concerns about the impact of the weakening sub-prime mortgage market on the company's earnings. We sold our position in all three stocks. Stocks that detracted from performance on an absolute basis included MUFG, Akamai Technologies, and E-Trade. WHAT IS THE OUTLOOK? On April 1, 2007, The Hartford Focus Fund changed its name to The Hartford Fundamental Growth Fund and Francis J. Boggan, CFA took over as portfolio manager. At that time, the Fund's investment strategy was modified to invest in a more diversified portfolio of large-cap stocks with a focus on high quality growth companies. The Fund will generally hold between 50-80 names. As a result, the Russell 1000 Growth Index has been added as a benchmark of the Fund. Steven T. Irons, CFA and Peter I. Higgins, CFA will no longer serve as portfolio managers of the Fund. At end of the period, the Fund's bottom-up investment approach resulted in overweights in Information Technology, Telecommunication Services and Materials and underweight (i.e. the Fund's sector position was less than the benchmark position)s in Industrials and Consumer Staples. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 5.1% - ------------------------------------------------------------------- Capital Goods 4.2 - ------------------------------------------------------------------- Consumer Cyclical 10.2 - ------------------------------------------------------------------- Consumer Staples 3.0 - ------------------------------------------------------------------- Energy 4.3 - ------------------------------------------------------------------- Finance 13.9 - ------------------------------------------------------------------- Health Care 13.7 - ------------------------------------------------------------------- Services 6.3 - ------------------------------------------------------------------- Technology 34.7 - ------------------------------------------------------------------- Utilities 1.5 - ------------------------------------------------------------------- Short-Term Investments 15.6 - ------------------------------------------------------------------- Other Assets & Liabilities -12.5 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
24 The Hartford Global Communications Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS LONG-TERM CAPITAL APPRECIATION. PERFORMANCE OVERVIEW(2) 10/31/00 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
MSCI AC WORLD GLOBAL COMMUNICATIONS TELECOMMUNICATIONS SERVICES FUND S&P 500 INDEX INDEX --------------------- ------------- --------------------------- 10/31/00 9450 10000 10000 7314 9212 8625 7399 9257 8405 8883 9586 9230 7069 8712 7800 5982 8161 7361 4/01 6492 8794 7922 5963 8853 7312 5689 8638 6831 5585 8553 6911 4791 8018 6173 4564 7370 6248 4319 7511 6020 4564 8087 6306 4697 8158 6343 4101 8039 5775 3600 7884 5513 3733 8181 5585 4/02 3317 7685 4976 3326 7628 5009 2882 7085 4489 2731 6533 4254 2882 6576 4250 2504 5862 3594 3062 6377 4411 3393 6752 4883 3241 6356 4594 3156 6190 4493 3137 6097 4261 3081 6156 4208 4/03 3383 6662 4713 3667 7013 5055 3865 7103 5098 3875 7228 4978 3988 7369 4964 4064 7291 4994 4413 7703 5234 4564 7770 5413 5018 8178 5855 5160 8328 6052 5160 8444 6096 5160 8316 5968 4/04 4961 8186 5868 4905 8298 5717 5084 8459 5824 4923 8179 5792 4668 8212 5848 4791 8301 6000 5179 8428 6285 5963 8769 6751 6194 9067 7014 5956 8846 6718 6184 9032 6828 5794 8872 6656 4/05 5613 8704 6537 5784 8981 6520 6203 8994 6585 6775 9328 6882 6746 9243 6871 7004 9318 6917 6785 9162 6733 7004 9508 6665 7090 9512 6669 7273 9764 6799 7399 9790 6831 7534 9912 7058 4/06 7727 10045 7319 7012 9756 7118 6800 9769 7147 6761 9829 7339 6915 10063 7501 7157 10322 7823 7775 10658 8348 8242 10861 8581 8666 11013 8950 8764 11182 9174 8440 10964 9137 8499 11086 9311 4/07 8951 11577 9684
--- GLOBAL COMMUNICATIONS FUND --- MSCI AC WORLD TELECOMMUNICATIONS $9,450 starting value SERVICES INDEX $8,951 ending value $10,000 starting value $9,684 ending value -- S&P 500 INDEX $10,000 starting value $11,577 ending value
S&P 500 INDEX is a market capitalization weighted price index composed of 500 widely held common stocks. MSCI AC (ALL COUNTRY) WORLD TELECOMMUNICATIONS SERVICES INDEX is a free float-adjusted market capitalization index which measures the performance of companies within the telecommunications sector across both developed and emerging market countries. The index is calculated to exclude companies and share classes which cannot be freely purchased by foreigners. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR 5 YEAR INCEPTION - -------------------------------------------------------------- Global Comm A# 10/31/2000 15.84% 21.95% -0.83% - -------------------------------------------------------------- Global Comm A## 10/31/2000 9.47% 20.58% -1.69% - -------------------------------------------------------------- Global Comm B# 10/31/2000 15.18% 21.10% -1.49% - -------------------------------------------------------------- Global Comm B## 10/31/2000 10.18% 20.91% -1.49% - -------------------------------------------------------------- Global Comm C# 10/31/2000 15.07% 21.03% -1.53% - -------------------------------------------------------------- Global Comm C## 10/31/2000 14.07% 21.03% -1.53% - -------------------------------------------------------------- Global Comm Y# 10/31/2000 16.48% 22.50% -0.36% - --------------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (2) Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGEMENT TEAM ARCHANA BASI, CFA Vice President, Global Industry Analyst DAVID NINCIC, CFA Vice President, Global Industry Analyst - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Global Communications Fund returned 15.12%, before sales charge, for the six-month period ended April 30, 2007, underperforming its benchmark, the MSCI AC World Telecommunication Services Index, which returned 15.86% for the same period. The Fund outperformed the 12.51% return of the average fund in the Lipper Telecommunications Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Telecommunication Services stocks performed well during the period, outpacing the broader market as represented by the S&P 500 Index (+8.6%) and the MSCI AC World Telecommunication Services Index (+12.1%). The Fund's strong absolute (i.e. total return) performance was primarily due to holdings within Wireless Telecommunications Services and Diversified Telecommunications Services. However, non-benchmark positions in the Communications Equipment and Software industries detracted from relative (i.e. performance of the Fund as measured against the benchmark) performance. At the regional level, allocation decisions were positive as the Fund benefited from an overweight (i.e. the Fund's sector position was greater than the benchmark position) to Emerging Markets. Strong security selection within Emerging Markets and Europe (ex UK) was more than offset by weaker selection in North America. Stocks that detracted from relative and absolute performance included Nortel Networks, Syniverse Holdings and Sprint Nextel. Nortel Network's shares fell on the back of a reduction of the company's first quarter expectations, a delay in filing the annual report, and former company officers being charged by the Securities and Exchange Commission. Shares in Syniverse, a provider of technology services to wireless telecommunications companies, fell on disappointing fourth quarter results and 2007 outlook. Shares of Sprint Nextel fell after the company reported continued weak results. We eliminated the stock as we lost 25 - -------------------------------------------------------------------------------- confidence in the merger synergies and management's ability to control its cost structure. Additionally, non-benchmark holding NeuStar was a top relative detractor due to investor concerns about a contract renegotiation that resulted in lower rates. We held Nortel Networks, Syniverse and NeuStar at the end of the period. Top contributors to relative and absolute performance during the period included Leap Wireless, MTN Group, Mobile Telesystems and Vimpel Communications. Leap Wireless, an American wireless carrier, enjoyed strong subscriber growth in its subprime niche. Shares in MTN Group, a large Africa-based mobile phone operator, were up as the company continued to realize strong subscriber additions which drove rapid revenue and earnings growth. In Russia, both Mobile Telesystems and Vimpel Communication reported strong results and increased average revenues per user (ARPU) due to seasonally higher roaming revenues, higher minutes of use, pricing stability and ruble-based tariffs. We held all four stocks at the end of the period. WHAT IS THE OUTLOOK? We remain optimistic on the performance of telecom stocks. Within the wireline sector, we continue to prefer stocks outside of North America. While many international wireline carriers face access line declines and voice substitution to wireless, these same carriers often have wireless operations that are performing well, resulting in solid revenue growth. For the wireless sector, we continue to be bullish on the Emerging Markets. We are particularly enthusiastic about Russia, and the Fund holds large positions in Vimpel Communications and Mobile Telesystems. We have also become enthusiastic about the wireline telecom equipment sector. This is a sector that the portfolio has historically avoided, but we believe that equipment spending will improve as carriers upgrade their networks from circuit-switched technology to IP (Internet Protocol) standards. While the telecom industry is highly competitive, we believe that there are many attractive opportunities. We believe that the Fund can continue to find underpriced stocks of companies with improving business fundamentals -- improvements that have yet to be appreciated by the market. Often, these companies are not well known among global investors, but we frequently find the best opportunities in stocks unfamiliar to the investment community. Stock selection continues to focus on companies with solid business fundamentals, which consensus opinion has misperceived as being weak. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Communications Equipment Manufacturing 4.7% - ------------------------------------------------------------------- Electrical Equipment Manufacturing -- Component Other 0.7 - ------------------------------------------------------------------- Entertainment -- Cable & Other Subscription Programming 0.1 - ------------------------------------------------------------------- Internet Providers & Web Search Portals 1.4 - ------------------------------------------------------------------- Other Telecommunications 31.2 - ------------------------------------------------------------------- Telecommunication Resellers 0.0 - ------------------------------------------------------------------- Wired Telecommunications Carriers 6.1 - ------------------------------------------------------------------- Wireless Communications Services 20.2 - ------------------------------------------------------------------- Wireless Telecommunications Carriers 30.1 - ------------------------------------------------------------------- Short-Term Investments 18.1 - ------------------------------------------------------------------- Other Assets & Liabilities -12.6 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DIVERSIFICATION BY COUNTRY as of April 30, 2007
PERCENTAGE OF COUNTRY NET ASSETS - ------------------------------------------------------------------- Brazil 9.9% - ------------------------------------------------------------------- Canada 8.6 - ------------------------------------------------------------------- China 1.9 - ------------------------------------------------------------------- Egypt 2.8 - ------------------------------------------------------------------- France 7.1 - ------------------------------------------------------------------- Indonesia 2.8 - ------------------------------------------------------------------- Israel 3.1 - ------------------------------------------------------------------- Italy 0.3 - ------------------------------------------------------------------- Luxembourg 6.1 - ------------------------------------------------------------------- Morocco 0.0 - ------------------------------------------------------------------- Norway 5.1 - ------------------------------------------------------------------- Russia 11.5 - ------------------------------------------------------------------- South Africa 6.0 - ------------------------------------------------------------------- Spain 4.2 - ------------------------------------------------------------------- Turkey 4.7 - ------------------------------------------------------------------- United States 20.4 - ------------------------------------------------------------------- Short-Term Investments 18.1 - ------------------------------------------------------------------- Other Assets & Liabilities -12.6 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
26 The Hartford Global Financial Services Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS LONG-TERM CAPITAL APPRECIATION. PERFORMANCE OVERVIEW(2) 10/31/00 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
GLOBAL FINANCIAL SERVICES MSCI FINANCE EX REAL ESTATE FUND INDEX S&P 500 INDEX ------------------------- --------------------------- ------------- 10/31/00 9450 10000 10000 9091 9618 9212 10036 10358 9257 9856 10361 9586 9630 9685 8712 9289 9114 8161 4/01 9715 9501 8794 9941 9447 8853 9989 9364 8638 9885 9166 8553 9715 9066 8018 8836 8104 7370 8855 8117 7511 9100 8533 8087 9384 8630 8158 8949 8330 8039 8921 8183 7884 9403 8772 8181 4/02 9431 8799 7685 9299 8911 7628 8987 8423 7085 8080 7630 6533 8070 7728 6576 7135 6668 5862 7588 7314 6377 8004 7672 6752 7566 7225 6356 7206 6988 6190 7025 6841 6097 6987 6711 6156 4/03 7718 7651 6662 8098 8072 7013 8184 8233 7103 8459 8609 7228 8430 8518 7369 8582 8730 7291 9218 9425 7703 9256 9508 7770 9831 10097 8178 10023 10330 8328 10281 10564 8444 10243 10532 8316 4/04 9803 10162 8186 9831 10238 8298 9927 10348 8459 9477 10035 8179 9717 10293 8212 9784 10403 8301 9994 10686 8428 10434 11230 8769 10951 11808 9067 10680 11530 8846 10768 11742 9032 10477 11409 8872 4/05 10400 11218 8704 10525 11348 8981 10738 11519 8994 10961 11790 9328 10884 11822 9243 11194 12227 9318 11232 12296 9162 11794 12859 9508 11998 13204 9512 12496 13694 9764 12633 14035 9790 12760 14201 9912 4/06 13337 14808 10045 12819 14197 9756 12702 14154 9769 12731 14352 9829 13181 14783 10063 13356 15093 10322 13689 15531 10658 13901 15717 10861 14371 16236 11013 14570 16248 11182 14266 16020 10964 14360 16100 11086 4/07 14905 16921 11577
--- GLOBAL FINANCIAL SERVICES FUND --- MSCI FINANCE EX-REAL ESTATE INDEX $9,450 starting value $10,000 starting value $14,905 ending value $16,921 ending value -- S&P 500 INDEX $10,000 starting value $11,577 ending value
S&P 500 INDEX is a market capitalization weighted price index composed of 500 widely held common stocks. MSCI FINANCE EX-REAL ESTATE INDEX is a cap-weighted index that measures the performance of financial stocks from around the world. This index excludes real estate. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR 5 YEAR INCEPTION - ----------------------------------------------------------------- Global Fin Ser A# 10/31/2000 11.76% 9.58% 7.26% - ----------------------------------------------------------------- Global Fin Ser A## 10/31/2000 5.61% 8.35% 6.33% - ----------------------------------------------------------------- Global Fin Ser B# 10/31/2000 11.03% 8.84% 6.52% - ----------------------------------------------------------------- Global Fin Ser B## 10/31/2000 6.03% 8.55% 6.52% - ----------------------------------------------------------------- Global Fin Ser C# 10/31/2000 10.85% 8.79% 6.48% - ----------------------------------------------------------------- Global Fin Ser C## 10/31/2000 9.85% 8.79% 6.48% - ----------------------------------------------------------------- Global Fin Ser Y# 10/31/2000 12.23% 10.08% 7.74% - -----------------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (2) Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGEMENT TEAM MARK T. LYNCH, CFA Senior Vice President, Partner, Global Industry Analyst - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The class A shares of The Hartford Global Financial Services Fund returned 8.88%, before sales charge, for the six-month period ended April 30, 2007, underperforming its benchmark, the MSCI Finance ex-Real Estate Index, which returned 9.57% for the same period. The Fund outperformed the 5.67% return of the average fund in the Lipper Financial Services Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Financial stocks have performed well over the last six months. The Capital Markets and Insurance industries led the group, with Consumer Finance and Thrifts & Mortgage Finance lagging. Holdings within Capital Markets contributed most to relative (i.e. performance of the Fund as measured against the benchmark) performance due to strong security selection and an overweight (i.e. the Fund's sector position was greater than the benchmark position) position in this top performing industry. Stock selection was also strong among Diversified Financial Services and Commercial Banks; however, these gains were partially offset by weaker selection within the Thrifts & Mortgage Finance and Consumer Finance industries. UK Thrifts & Mortgage Finance holdings Kensington Group and Paragon Group were among the top detractors to relative and absolute (i.e. total return) performance during the period. Shares in Kensington Group, an independent specialist lender, fell on the back of rising interest rates from the Bank of England. Similarly, Paragon Group shares declined as the market views the company's apartment loans as unusually sensitive to interest rates. Consumer Finance company Capital One also detracted from relative and absolute performance; the stock fell after reporting a weak first quarter due to disappointing results from the recently completed North Fork Bank acquisition. The Fund did not own strong performer ABN-AMRO during the period, which detracted from relative performance. We held Kensington Group, Paragon Group and Capital One at the end of the period. 27 - -------------------------------------------------------------------------------- Top contributors to relative and absolute performance included Julius Baer, Hong Kong Exchanges and UniCredito Italiano. Julius Baer shares rose as the company saw strong performance and flows in its U.S. asset management business as well as from strength in the private banking sector. Hong Kong Exchanges shares benefited from the proliferation of Chinese IPOs and increased activity on the stock exchange and the futures exchange during the period; we eliminated the stock on strength. UniCredito Italiano shares benefited from cost savings from the 2005 acquisition of Munich-based HVB and good secular growth on the consumer side. Additionally, the Fund did not own poor performing Commercial Bank stocks MUFG and Mizuho Financial Group, which contributed positively to benchmark relative performance. We held onto Julius Baer and UniCredito Italiano at the end of the period. WHAT IS THE OUTLOOK? We continue to focus on stocks with low P/Es (i.e. price/earnings ratios), opportunistically look for special situations, and avoid companies that are lacking strong customer franchises. We are increasingly bearish on US banks as a result of increased competition for loans and deposits. In addition, loan quality is deteriorating, with sub-prime mortgages and construction lending leading the way. We favor select megabanks such as Bank of America and Citigroup, which are well diversified and continue to have favorable valuations. At the end of the period, we were overweight the Capital Markets and Thrifts & Mortgage Finance industries and underweight (i.e. the Fund's sector position was less than the benchmark position) Commercial Banks. DIVERSIFICATION BY COUNTRY as of April 30, 2007
PERCENTAGE OF COUNTRY NET ASSETS - ------------------------------------------------------------------- Australia 2.2% - ------------------------------------------------------------------- Brazil 1.2 - ------------------------------------------------------------------- Canada 5.2 - ------------------------------------------------------------------- France 1.5 - ------------------------------------------------------------------- Germany 4.1 - ------------------------------------------------------------------- Italy 6.8 - ------------------------------------------------------------------- Liechtenstein 1.1 - ------------------------------------------------------------------- Netherlands 6.0 - ------------------------------------------------------------------- Norway 0.9 - ------------------------------------------------------------------- Switzerland 13.7 - ------------------------------------------------------------------- United Kingdom 13.4 - ------------------------------------------------------------------- United States 40.1 - ------------------------------------------------------------------- Short-Term Investments 3.9 - ------------------------------------------------------------------- Other Assets & Liabilities -0.1 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Agencies, Brokerages, Other Insurance Activities 8.0 - ------------------------------------------------------------------- Commercial Banking 9.5 - ------------------------------------------------------------------- Consumer Lending 1.5 - ------------------------------------------------------------------- Depository Credit Banking 26.2 - ------------------------------------------------------------------- Insurance Carriers 18.4 - ------------------------------------------------------------------- International Trade Financing (Foreign Banks) 16.8 - ------------------------------------------------------------------- Nondepository Credit Banking 2.7 - ------------------------------------------------------------------- Other Financial Investment Activities 3.2 - ------------------------------------------------------------------- Real Estate Credit (Mortgage Banking) 2.8 - ------------------------------------------------------------------- Securities, Commodities and Brokerage 7.1 - ------------------------------------------------------------------- Short-Term Investments 3.9 - ------------------------------------------------------------------- Other Assets & Liabilities -0.1 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
28 The Hartford Global Health Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS LONG-TERM CAPITAL APPRECIATION. PERFORMANCE OVERVIEW(3) 5/1/00 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
GOLDMAN SACHS HEALTH CARE GLOBAL HEALTH FUND INDEX S&P 500 INDEX ------------------ ------------------------- ------------- 5/1/2000 9450 10000 10000 9620 10391 9795 11323 11522 10036 11503 11132 9879 12118 11534 10493 12922 12043 9939 13111 12333 9897 13463 12507 9117 13965 12959 9162 13168 11763 9487 13128 11708 8622 12321 10664 8076 4/01 12981 11130 8703 13591 11375 8762 13679 11088 8549 13601 11392 8464 13394 11100 7935 12961 11014 7294 13266 11029 7434 13989 11619 8004 14170 11399 8074 13768 11094 7956 13818 11038 7803 14190 11176 8096 4/02 13707 10478 7605 13285 10274 7550 12078 9297 7012 11756 9093 6466 11525 9158 6508 10831 8669 5801 11485 9072 6311 12272 9325 6682 11673 9002 6290 11498 9007 6126 11116 8852 6034 11230 9121 6092 4/03 12210 9541 6594 13407 9986 6941 13717 10414 7029 13769 10455 7153 13634 10226 7293 13944 10241 7215 14243 10342 7623 14591 10529 7690 15306 11091 8093 15877 11417 8242 15981 11573 8356 15804 11239 8230 4/04 15949 11639 8101 15866 11624 8212 16064 11622 8372 15203 10895 8095 15358 11029 8127 15524 11000 8215 15555 10743 8341 16062 11018 8678 17120 11786 8973 16488 11428 8755 16324 11732 8939 15910 11742 8781 4/05 16378 12207 8614 16607 12432 8888 16847 12487 8901 17698 12919 9232 18276 12976 9147 18570 12891 9222 17992 12631 9068 18469 12902 9410 19153 13213 9414 19768 13372 9663 19756 13475 9689 19802 13324 9810 4/06 19559 12904 9941 19223 12675 9655 19304 12680 9668 19791 13211 9728 20104 13558 9959 20208 13693 10215 20683 13779 10548 20716 13758 10748 21114 13930 10899 21609 14426 11066 21392 14172 10851 21404 14239 10972 4/07 22550 15090 11458
--- GLOBAL HEALTH FUND -- GOLDMAN SACHS HEALTH CARE INDEX $9,450 starting value $10,000 starting value $22,550 ending value $15,090 ending value --- S&P 500 INDEX $10,000 starting value $11,458 ending value
S&P 500 INDEX is a market capitalization weighted price index composed of 500 widely held common stocks. GOLDMAN SACHS HEALTH CARE INDEX is an unmanaged index designed to measure the performance of companies in the health care sector. Issues in the index include providers of health care related services including long-term care and hospitalization facilities, health care management organizations and continuing care services. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR 5 YEAR INCEPTION - --------------------------------------------------------------- Global Health A# 5/1/2000 15.30% 10.46% 13.23% - --------------------------------------------------------------- Global Health A## 5/1/2000 8.95% 9.22% 12.32% - --------------------------------------------------------------- Global Health B# 5/1/2000 14.37% 9.66% 12.40% - --------------------------------------------------------------- Global Health B## 5/1/2000 9.37% 9.38% 12.40% - --------------------------------------------------------------- Global Health C# 5/1/2000 14.50% 9.67% 12.42% - --------------------------------------------------------------- Global Health C## 5/1/2000 13.50% 9.67% 12.42% - --------------------------------------------------------------- Global Health I# 5/1/2000 15.85% 10.57% 13.31% - --------------------------------------------------------------- Global Health R3# 5/1/2000 15.53% 10.96% 13.80% - --------------------------------------------------------------- Global Health R4# 5/1/2000 15.65% 10.98% 13.82% - --------------------------------------------------------------- Global Health R5# 5/1/2000 15.77% 11.00% 13.83% - --------------------------------------------------------------- Global Health Y# 5/1/2000 15.89% 11.02% 13.85% - ---------------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGEMENT TEAM JOSEPH H. SCHWARTZ, CFA Senior Vice President, Partner, Global Industry Analyst JEAN M. HYNES, CFA Senior Vice President, Partner, Global Industry Analyst ANN C. GALLO Senior Vice President, Partner, Global Industry Analyst KIRK J. MAYER, CFA Vice President, Global Industry Analyst ROBERT L. DERESIEWICZ Vice President, Global Industry Analyst - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Global Health Fund returned 9.03%, before sales charge, for the six-month period ended April 30, 2007, underperforming its benchmark, the Goldman Sachs Health Care Index, which returned 9.54% for the same period. The Fund outperformed the 7.52% return of the average fund in the Lipper Health and Biotechnology peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? The Health Care sector performed well during the period, outperforming the broader market, as represented by the S&P 500 Index, which returned 8.60%. Within the Goldman Sachs Health Care Index, the Providers & Services and Equipment & Supplies industries were the best performers, while Biotechnology stocks lagged. Relative (i.e. performance of the Fund as measured against the benchmark) stock selection was positive during the period, but was offset by allocation decisions as the Fund's exposure to Japanese Pharmaceuticals and underweight (i.e. the Fund's sector position was less than the benchmark position) to Health Care Providers & Services detracted from performance. Eisai, AstraZeneca, and Shionogi were the top three detractors from relative performance during the period. After a strong run throughout 2006, Eisai's stock declined over speculation of a generic Aciphex, Eisai's anti-ulcer blockbuster, entering the US market. AztraZeneca shares fell sharply in April on concerns that the company overpaid for biotechnology company Medimmune. Shionogi fell after taking its 29 - -------------------------------------------------------------------------------- guidance down for the year due to the weak influenza and pollen season in Japan, as well as weak sales of some of its newer products. In addition, shares of Amgen declined on negative newsflow regarding the uncertainty around the future of Aranesp, its anemia drug. While Amgen was the largest detractor on an absolute (i.e. total return) basis, the Fund held a significantly smaller position than the benchmark, helping to boost relative performance. We held all four stocks at the end of the period. Schering Plough and Medimmune were top contributors on a relative and absolute basis. Schering-Plough's stock price increased following the company's proposed acquisition of Organon Biosciences, a pharmaceutical and animal health company that focuses on women's health and CNS products. The strategic move was viewed as favorable by investors because it will help diversify Schering's product portfolio and strengthen its animal health business. Shares of Medimmune, which is being purchased by AstraZeneca, soared after the company reported a first quarter profit that more than tripled due to strong sales of Synagis, its respiratory drug. Abbott Laboratories was a top absolute contributor; the company benefited from market share gains of its arthritis drug Humira. We held all three stocks at the end of the period. The Fund also benefited from not owning poor performers Johnson & Johnson, Genentech and Pfizer. WHAT IS THE OUTLOOK? Within the Pharmaceutical & Biotechnology sub-sectors, relative valuations are attractive as the market continues to harbor reservations about the ability of companies to replace expected revenue losses due to upcoming patent expirations. We believe over the long-term, the industry and value in these stocks will be driven by drug development and commercialization success. We seek to identify companies that are poised for such success over the coming years and are at very attractive valuations. Taking advantage of market conditions, we will upgrade the portfolio by adding good companies on price weakness and trimming into strength. Within the Health Care Providers & Services sub-sector, although stocks generally appear to be fairly valued, investors seeking defensive holdings in anticipation of an economic slowdown could drive further appreciation. The recent mid-term elections are likely to result in volatility in the near-term, as the market digests the implications of a Democrat-controlled Congress. We will continue to look for companies with stable or improving fundamentals at attractive valuations. Within the Health Care Equipment & Supplies sub-sector, most stocks appear fairly valued; however, we continue to look for companies with underappreciated franchises or new product pipelines. We continue to believe cardiovascular disease represents one of the strongest prospects for growth within the sub-sector, with a large and under penetrated market for cardiac rhythm management products, particularly implantable cardioverter defibrillators. We retain our comparatively optimistic view of the US market for these products and look for growth to reaccelerate in the near-term. At the end of the period the Fund was most overweight (i.e. the Fund's sector position was greater than the benchmark position) Pharmaceuticals and Biotechnology and underweight Medical Technology and Health Care Services. DIVERSIFICATION BY COUNTRY as of April 30, 2007
PERCENTAGE OF COUNTRY NET ASSETS - ------------------------------------------------------------------- Belgium 2.0% - ------------------------------------------------------------------- Denmark 0.4 - ------------------------------------------------------------------- France 4.4 - ------------------------------------------------------------------- Ireland 1.4 - ------------------------------------------------------------------- Israel 1.3 - ------------------------------------------------------------------- Japan 11.0 - ------------------------------------------------------------------- United Kingdom 2.4 - ------------------------------------------------------------------- United States 73.1 - ------------------------------------------------------------------- Short Term Investments 18.6 - ------------------------------------------------------------------- Other Assets & Liabilities -14.6 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Agencies, Brokerages, Other Insurance Activities 0.6 - ------------------------------------------------------------------- Drugs & Druggists Sundries Wholesalers 5.0 - ------------------------------------------------------------------- General Medical and Surgical Hospitals 1.0 - ------------------------------------------------------------------- Health and Personal Care Stores 1.2 - ------------------------------------------------------------------- Insurance Carriers 8.4 - ------------------------------------------------------------------- Medical Equipment & Supplies Manufacturing 5.4 - ------------------------------------------------------------------- Navigate, Measure, Control Instrument Manufacturing 6.9 - ------------------------------------------------------------------- Nursing Care Facilities 1.2 - ------------------------------------------------------------------- Pharmaceutical & Medicine Manufacturing 57.6 - ------------------------------------------------------------------- Professional Services -- Computer System Design & Related 0.9 - ------------------------------------------------------------------- Scientific Research & Development Services 7.8 - ------------------------------------------------------------------- Short-Term Investments 18.6 - ------------------------------------------------------------------- Other Assets & Liabilities -14.6 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
30 The Hartford Global Leaders Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS GROWTH OF CAPITAL. PERFORMANCE OVERVIEW(2) 9/30/98 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
GLOBAL LEADERS FUND MSCI WORLD GROWTH INDEX ------------------- ----------------------- 9/30/1998 9450 10000 10697 10871 11482 11573 12319 12419 12932 12858 12572 12348 13175 12805 4/99 13476 12784 13010 12339 13876 13099 14071 12955 13993 13115 13798 13138 14695 13999 15772 14821 18193 16518 17477 15484 19457 16023 19389 16979 4/00 18467 15840 17958 14901 18765 15813 18135 15018 19149 15552 18342 14175 17288 13581 16265 12534 16871 12299 16871 12670 15320 11055 14267 10164 4/01 15370 10987 15052 10769 14764 10394 14395 10241 13598 9612 12413 8815 12782 9191 13877 9891 13947 9941 13489 9618 13389 9645 13818 9887 4/02 13349 9467 13618 9421 12762 8879 11676 8254 11556 8254 10201 7437 11168 8017 12154 8310 11088 7992 10839 7705 10580 7624 10430 7694 4/03 11596 8247 12293 8592 12582 8715 12891 8884 13250 9064 12891 9117 13907 9661 14236 9800 14953 10272 15531 10483 16069 10612 16358 10508 4/04 15730 10302 15940 10410 16477 10553 15182 10048 15093 10020 15860 10222 16428 10474 17334 11007 17693 11423 17025 11116 16627 11403 16029 11186 4/05 15820 10947 16199 11238 16348 11293 16906 11762 17235 11870 17334 12134 16737 11877 17489 12266 17999 12535 19381 13114 18876 12983 19280 13311 4/06 19865 13623 18755 13107 18866 13088 18302 12983 18786 13331 19118 13451 19512 13931 20307 14287 20371 14475 20848 14706 20201 14616 20583 14903 4/07 21337 15562
--- GLOBAL LEADERS FUND --- MSCI WORLD GROWTH INDEX $9,450 starting value $10,000 starting value $21,337 ending value $15,562 ending value
MSCI WORLD GROWTH INDEX is a broad-based unmanaged market capitalization-weighted total return index which measures the performance of growth securities in 23 developed-country global equity markets including the United States, Canada, Europe, Australia, New Zealand and the Far East. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR 5 YEAR INCEPTION - ----------------------------------------------------------------- Global Leaders A# 9/30/1998 7.41% 9.83% 9.95% - ----------------------------------------------------------------- Global Leaders A## 9/30/1998 1.50% 8.59% 9.23% - ----------------------------------------------------------------- Global Leaders B# 9/30/1998 6.69% 9.00% NA* - ----------------------------------------------------------------- Global Leaders B## 9/30/1998 1.69% 8.72% NA* - ----------------------------------------------------------------- Global Leaders C# 9/30/1998 6.66% 9.10% 9.20% - ----------------------------------------------------------------- Global Leaders C## 9/30/1998 5.66% 9.10% 9.20% - ----------------------------------------------------------------- Global Leaders R3# 9/30/1998 7.72% 10.43% 10.52% - ----------------------------------------------------------------- Global Leaders R4# 9/30/1998 7.82% 10.45% 10.53% - ----------------------------------------------------------------- Global Leaders R5# 9/30/1998 7.93% 10.47% 10.54% - ----------------------------------------------------------------- Global Leaders Y# 9/30/1998 8.03% 10.49% 10.55% - -----------------------------------------------------------------
# Without sales charge ## With sales charge NA Not Applicable * Inception returns are not applicable for Class B because after 8 years Class B converts to Class A. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGEMENT ANDREW S. OFFIT, CPA Senior Vice President, Partner JEAN-MARC BERTEAUX Senior Vice President, Partner MATTHEW D. HUDSON, CFA Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Global Leaders Fund returned 9.35%, before sales charge, for the six-month period ended April 30, 2007, underperforming its benchmark, the MSCI World Growth Index, which returned 11.71% for the same period. The Fund also underperformed the 11.48% return of the average fund in the Lipper Global Large Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the fund. WHY DID THE FUND PERFORM THIS WAY? Despite a strong finish for global equity markets in 2006 helped by robust merger and acquisition activity and solid cash flows, volatility returned to global equity markets in 2007. A one day sell-off in the Chinese stock market and the weakening credit environment marked by high delinquency rates among subprime borrowers were offset by strong corporate earnings growth and merger and acquisition activity across many industries. In this environment, the MSCI World Growth Index lagged the MSCI World Value Index by 84 basis points during the period. Within MSCI World Growth Index, all sectors had positive returns during the period, led by Utilities, Industrials, and Materials. The Information Technology, Health Care, and Financials sectors, the latter of which was weighed down by the weakening credit environment in the US, lagged broad market returns for the period. The Fund's underperformance relative (i.e. performance of the Fund as measured against the benchmark) to the MSCI World Growth Index during the period resulted from the Fund's sector allocation, a result of bottom-up stock selection, and weak stock selection within several sectors. An overweight (i.e. the Fund's sector position was greater than the benchmark position) position to lagging Information Technology stocks, coupled with an underweight (i.e. the Fund's sector position was less than the benchmark position) to the strong performing Materials sector negatively impacted relative performance. Strong security selection within the Health Care, Consumer Staples and Materials sectors was unable to offset weaker selection within the Consumer Discretionary, Industrials and Telecommunication Services sectors. Detracting the most from relative performance were our holdings in Warner Music (Media), Best Buy (Retailing), and Google (Software & Services). Shares of record company Warner Music dipped after competitor EMI cited a profit warning on slowing 31 - -------------------------------------------------------------------------------- sales in the North American music market. Warner Music reported weaker than expected first quarter profits. Electronics retailer Best Buy experienced a slip in the company's stock price after the company reported it had missed third-quarter earnings expectations due to intense competition. Despite no fundamental disappointments, shares of Google fell after the company announced the launch of a new suite of products aimed to compete with Microsoft Office. Among other detractors from performance were Motorola, and SanDisk. Motorola, a global provider of wireless communications and broadband products, slightly missed quarterly earnings. A strong new product lineup, including the new low cost MotoFone for emerging markets, will provide continued earnings growth. Manufacturer of flash memory SanDisk declined on short term concerns of oversupply in NAND flash memory and subsequent pricing pressures. We feel these fears have been overblown by the market and demand for end products remains strong despite the slowing global economic environment. The leading contributors to performance in relative and absolute (i.e. total return) terms were Schering-Plough (Pharmaceuticals), Nintendo (Software & Services), and Deutsche Boerse (Diversified Financials). Pharmaceutical company Schering-Plough rose on strong results and investor enthusiasm for the announced acquisition of Organon Biosciences. The stock continues to benefit from strong sales of Zetia, the company's anti-cholesterol drug. Video game console and software maker Nintendo successfully launched extremely popular Wii game consoles over the holiday season. The company is also experiencing solid earnings growth from robust sales of its touch-screen DS portable game player. Shares of Deutsche Boerse, operator of the Frankfurt Exchange and the electronic trading exchange Xetra, increased on expectations of continued robust trading volumes and the likelihood of continued merger and acquisition activity within global exchanges. WHAT IS THE OUTLOOK? As a result of our bottom up investment process, the Fund was most overweight Information Technology, Telecommunication Services, and Financials stocks at the end of the period. Within Information Technology we trimmed semiconductor-related names during the period on weakening fundamentals. Our holdings in the sector remain focused on software and services and technology hardware companies. Conversely, the Fund was most underweight in the Consumer Discretionary, Materials and Consumer Staples sectors. We trimmed exposure to Consumer Discretionary, as a diminished outlook for US consumption is lowering growth prospects for many retailers. We mainly hold non-traditional retailers, media, and gaming companies. DIVERSIFICATION BY COUNTRY as of April 30, 2007
PERCENTAGE OF COUNTRY NET ASSETS - ------------------------------------------------------------------- Austria 1.3% - ------------------------------------------------------------------- Brazil 1.4 - ------------------------------------------------------------------- Canada 3.9 - ------------------------------------------------------------------- China 0.5 - ------------------------------------------------------------------- Dutch Antilles 2.2 - ------------------------------------------------------------------- France 4.7 - ------------------------------------------------------------------- Germany 4.6 - ------------------------------------------------------------------- Greece 0.7 - ------------------------------------------------------------------- Ireland 2.5 - ------------------------------------------------------------------- Japan 10.2 - ------------------------------------------------------------------- Luxembourg 0.3 - ------------------------------------------------------------------- Mexico 1.1 - ------------------------------------------------------------------- Netherlands 2.9 - ------------------------------------------------------------------- Russia 1.0 - ------------------------------------------------------------------- South Korea 1.2 - ------------------------------------------------------------------- Spain 1.0 - ------------------------------------------------------------------- Switzerland 3.7 - ------------------------------------------------------------------- Taiwan 0.9 - ------------------------------------------------------------------- United Kingdom 9.7 - ------------------------------------------------------------------- United States 46.3 - ------------------------------------------------------------------- Short Term Investments 7.2 - ------------------------------------------------------------------- Other Assets & Liabilities -7.3 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 3.9% - ------------------------------------------------------------------- Capital Goods 4.0 - ------------------------------------------------------------------- Consumer Cyclical 10.2 - ------------------------------------------------------------------- Consumer Staples 6.3 - ------------------------------------------------------------------- Energy 5.1 - ------------------------------------------------------------------- Finance 14.9 - ------------------------------------------------------------------- Health Care 15.6 - ------------------------------------------------------------------- Services 5.2 - ------------------------------------------------------------------- Technology 30.4 - ------------------------------------------------------------------- Transportation 2.2 - ------------------------------------------------------------------- Utilities 2.3 - ------------------------------------------------------------------- Short Term Investments 7.2 - ------------------------------------------------------------------- Other Assets & Liabilities -7.3 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
32 The Hartford Global Technology Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS LONG-TERM CAPITAL APPRECIATION. PERFORMANCE OVERVIEW(2) 5/1/00 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
GOLDMAN SACHS TECHNOLOGY GLOBAL TECHNOLOGY FUND COMPOSITE INDEX S&P 500 INDEX ---------------------- ------------------------ ------------- 5/1/00 9450 10000 10000 8512 8898 9795 9812 9992 10036 9181 9527 9879 10426 10766 10493 8930 9022 9939 8103 8341 9897 6146 6431 9117 5930 5880 9162 6868 6845 9487 5367 4947 8622 4626 4260 8076 4/01 5480 5073 8703 5217 4871 8762 5301 4884 8549 4954 4536 8464 4194 3946 7935 3265 3148 7294 3763 3653 7434 4429 4276 8004 4588 4200 8074 4541 4196 7956 3978 3635 7803 4279 3894 8096 4/02 3763 3417 7605 3547 3277 7550 3181 2814 7012 2862 2529 6466 2824 2497 6508 2308 2051 5801 2796 2499 6311 3284 2936 6682 2824 2509 6290 2871 2487 6126 2862 2525 6034 2852 2496 6092 4/03 3162 2756 6594 3509 3064 6941 3547 3056 7029 3744 3232 7153 3988 3455 7293 3941 3405 7215 4391 3737 7623 4476 3809 7690 4523 3868 8093 4701 4050 8242 4645 3935 8356 4513 3827 8230 4/04 4204 3604 8101 4485 3804 8212 4579 3897 8372 4063 3528 8095 3791 3352 8127 3960 3468 8215 4147 3652 8341 4401 3858 8678 4532 3981 8973 4269 3718 8755 4269 3725 8939 4082 3635 8781 4/05 4016 3449 8614 4382 3763 8888 4372 3690 8901 4654 3938 9232 4682 3908 9147 4720 3948 9222 4663 3878 9068 4992 4137 9410 5010 4062 9414 5433 4213 9663 5254 4148 9689 5367 4241 9810 4/06 5433 4213 9941 5038 3904 9655 4907 3850 9668 4719 3685 9728 5029 3974 9959 5189 4133 10215 5320 4298 10548 5526 4454 10748 5507 4426 10899 5536 4498 11066 5479 4406 10851 5507 4426 10972 4/07 5733 4648 11458
--- GLOBAL TECHNOLOGY FUND --- GOLDMAN SACHS TECHNOLOGY COMPOSITE INDEX $9,450 starting value $10,000 starting value $5,733 ending value $4,648 ending value -- S&P 500 INDEX $10,000 starting value $11,458 ending value
S&P 500 INDEX is a market capitalization weighted price index composed of 500 widely held common stocks. GOLDMAN SACHS TECHNOLOGY COMPOSITE INDEX is an unmanaged index designed to measure performance of companies in the technology sector. Issues in the index include producers of sophisticated devices, services and software related to the fields of computers, electronics, networking and Internet services. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR 5 YEAR INCEPTION - ----------------------------------------------------------------- Global Tech A# 5/1/2000 5.53% 8.78% -6.89% - ----------------------------------------------------------------- Global Tech A## 5/1/2000 -0.28% 7.56% -7.64% - ----------------------------------------------------------------- Global Tech B# 5/1/2000 4.69% 7.98% -7.58% - ----------------------------------------------------------------- Global Tech B## 5/1/2000 -0.31% 7.69% -7.58% - ----------------------------------------------------------------- Global Tech C# 5/1/2000 4.33% 7.91% -7.63% - ----------------------------------------------------------------- Global Tech C## 5/1/2000 3.33% 7.91% -7.63% - ----------------------------------------------------------------- Global Tech Y# 5/1/2000 5.72% 9.16% -6.53% - -----------------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (2) Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGEMENT TEAM SCOTT E. SIMPSON Senior Vice President, Partner, Global Industry Analyst JOHN F. AVERILL, CFA Senior Vice President, Partner, Global Industry Analyst ERIC C. STROMQUIST Senior Vice President, Partner, Global Industry Analyst BRUCE L. GLAZER Senior Vice President, Partner, Global Industry Analyst ANITA M. KILLIAN, CFA Vice President, Global Industry Analyst - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of the Hartford Global Technology Fund returned 7.76%, before sales charge, for the six-month period ended April 30, 2007, underperforming its benchmark, the Goldman Sachs Technology Composite Index, which returned 8.14% for the same period. The Fund also underperformed the 8.10% return of the average fund in the Lipper Science and Technology Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Technology stocks performed well during the six-month period ended April 30, 2007, but lagged the broader market, as measured by the MSCI World Index, which was up 12.13% for the period. During the period, the Fund benefited from strong security selection within the Software and Communications Equipment industries. However, this was offset by weaker stock selection in the Internet Software & Services and Semiconductors & Semiconductor Equipment industries. SOITEC and Cisco were among the top detractors from relative (i.e. performance of the Fund as measured against the benchmark) and absolute (i.e. total return) performance during the period. SOITEC, whose technology boosts the performance and power efficiency of semiconductors, was impacted by disappointing results at its customer Advanced Micro Devices (AMD) as well as concerns that weak Playstation 3 console sales at its other key customer, Sony, could hurt revenues. Cisco's shares fell as data points from competitors and spending intention surveys suggesting slowing enterprise IT outlays overshadowed a strong quarterly report and upbeat forward 33 - -------------------------------------------------------------------------------- guidance. The Fund's benchmark relative performance was also hurt by underweight (i.e. the Fund's sector position was less than the benchmark position) positions in Qualcomm and Amazon. We did not purchase Qualcomm until the end of the period, and therefore did not realize all of the stock's gains during the period. Similarly, the Fund did not own Amazon, which was up sharply, detracting from relative returns. Qualcomm, SOITEC and Cisco were all held at the end of the period. Redback Networks, Sonus Networks, DST Systems and EMC were among the top contributors to relative and absolute performance during the period. Shares in Redback Networks, a manufacturer of advanced telecommunications networking equipment, increased after the company announced it would be acquired by Swedish telecommunications equipment maker Ericsson. VoIP equipment maker Sonus Network's shares rose after an independent market research firm indicated the firm held market leading positions in several key industry segments. DST Systems benefited from back-to-back solid quarters during the period. Despite concerns of seasonal softness in enterprise spending, data-storage systems and software company EMC saw shares increase after reporting strong quarterly results. Sonus Networks, DST Systems and EMC were all held at the end of the period. WHAT IS THE OUTLOOK? The US enterprise spending environment is expected to be slow, but beyond the near-term seasonality we continue to find positive upside in the sector. Spending outside of the US is steady and the consumer side of the equation is well supported by the strength of most emerging economies. We continue to invest selectively in the semiconductor industry. While unit sales continue to decelerate from prior years, the inventory excesses have mostly dissipated and fundamentals look better. We continue to focus on high quality, high margin and free cash flow generating businesses. We believe the wireless phone industry remains healthy with good sales growth albeit at lower prices. The worldwide penetration of 3G cell phones is a fast growing trend which has been good for communication equipment companies that can capture both royalty and chip revenue growth. The LCD TV penetration continues and glass panel prices seem to have stabilized. Therefore, we expect margins to be up in 2007 as cost reductions continue in this benign pricing environment. In the software and internet segments, we remain enthusiastic about the growth of online advertising. At the end of the period the Portfolio had a large overweight (i.e. the Fund's sector position was greater than the benchmark position) position in Commercial Services & Supplies and significant underweight position in Software. DIVERSIFICATION BY COUNTRY as of April 30, 2007
PERCENTAGE OF COUNTRY NET ASSETS - ------------------------------------------------------------------- Canada 4.4% - ------------------------------------------------------------------- France 1.2 - ------------------------------------------------------------------- Hong Kong 0.0 - ------------------------------------------------------------------- Japan 1.4 - ------------------------------------------------------------------- Luxembourg 0.9 - ------------------------------------------------------------------- Netherlands 1.6 - ------------------------------------------------------------------- South Korea 2.4 - ------------------------------------------------------------------- Taiwan 3.8 - ------------------------------------------------------------------- United States 83.3 - ------------------------------------------------------------------- Short-Term Investments 4.6 - ------------------------------------------------------------------- Other Assets & Liabilities -3.6 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Activities Related to Credit Banking 1.9% - ------------------------------------------------------------------- Audio and Video Equipment Manufacturing 1.4 - ------------------------------------------------------------------- Business Support Services 1.1 - ------------------------------------------------------------------- Communications Equipment Manufacturing 10.2 - ------------------------------------------------------------------- Computer and Peripheral Manufacturing 24.7 - ------------------------------------------------------------------- Electrical Equip Manufacturing -- Component Other 3.4 - ------------------------------------------------------------------- Employment Services 3.3 - ------------------------------------------------------------------- Machinery Manufacturing -- Industrial Machinery 6.4 - ------------------------------------------------------------------- Management, Scientific, and Tech Consulting Services 3.7 - ------------------------------------------------------------------- On Line Information Services 6.4 - ------------------------------------------------------------------- Other Services -- Other Personal Services 0.9 - ------------------------------------------------------------------- Professional Services -- Accounting, Tax Prep, Payroll 1.1 - ------------------------------------------------------------------- Professional Services -- Computer System Design & Related 5.7 - ------------------------------------------------------------------- Semiconductor, Electronic Component Manufacturing 11.7 - ------------------------------------------------------------------- Software Publishers 13.4 - ------------------------------------------------------------------- Wholesalers -- Electrical & Electronic Merchandise 2.4 - ------------------------------------------------------------------- Wireless Communications Services 1.3 - ------------------------------------------------------------------- Short-Term Investments 4.6 - ------------------------------------------------------------------- Other Assets & Liabilities -3.6 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
34 The Hartford Growth Allocation Fund (advised by Hartford Investment Financial Services, LLC) INVESTMENT OBJECTIVE -- SEEKS LONG-TERM CAPITAL APPRECIATION. PERFORMANCE OVERVIEW(3) 5/28/04 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS U.S. GROWTH ALLOCATION FUND S&P 500 INDEX AGGREGATE BOND INDEX ---------------------- ------------- -------------------- 5/28/04 9450 10000 10000 9450 10000 10000 9611 10194 10057 9337 9857 10156 8/04 9346 9897 10350 9601 10004 10378 9790 10157 10465 10178 10567 10382 12/04 10493 10927 10477 10237 10661 10543 10408 10885 10481 10199 10692 10427 4/05 10019 10490 10568 10313 10823 10682 10474 10838 10741 10787 11241 10643 8/05 10844 11139 10779 10939 11229 10668 10683 11042 10584 11071 11459 10631 12/05 11258 11463 10732 11737 11766 10732 11670 11798 10768 11833 11945 10662 4/06 12015 12105 10643 11584 11757 10631 11545 11773 10654 11430 11846 10798 8/06 11660 12127 10963 11804 12439 11060 12140 12844 11133 12457 13088 11262 12/06 12611 13272 11197 12771 13476 11192 12651 13213 11365 12850 13360 11365 4/07 13210 13952 11426
--- GROWTH ALLOCATION FUND -- LEHMAN BROTHERS U.S. AGGREGATE --- S&P 500 INDEX $9,450 starting value BOND INDEX $10,000 starting value $13,210 ending value $10,000 starting value $13,952 ending value $11,426 ending value
LEHMAN BROTHERS U.S. AGGREGATE BOND INDEX is an unmanaged index and is composed of securities from the Lehman Brothers Government/Credit Bond Index, Mortgage-Backed Securities Index, Asset-Backed Index and Commercial Mortgage-Backed Securities Index. S&P 500 INDEX is a market capitalization weighted price index composed of 500 widely held common stocks. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - ----------------------------------------------------------- Growth Allocation A# 5/28/2004 9.95% 12.14% - ----------------------------------------------------------- Growth Allocation A## 5/28/2004 3.90% 9.99% - ----------------------------------------------------------- Growth Allocation B# 5/28/2004 9.21% 11.44% - ----------------------------------------------------------- Growth Allocation B## 5/28/2004 4.21% 10.60% - ----------------------------------------------------------- Growth Allocation C# 5/28/2004 9.26% 11.42% - ----------------------------------------------------------- Growth Allocation C## 5/28/2004 8.26% 11.42% - ----------------------------------------------------------- Growth Allocation I# 5/28/2004 10.19% 12.23% - ----------------------------------------------------------- Growth Allocation R3# 5/28/2004 9.78% 12.08% - ----------------------------------------------------------- Growth Allocation R4# 5/28/2004 9.95% 12.14% - ----------------------------------------------------------- Growth Allocation R5# 5/28/2004 10.03% 12.17% - -----------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I, R3, R4 and R5 shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGERS HUGH WHELAN Senior Vice President EDWARD C. CAPUTO Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Growth Allocation Fund returned 8.82%, before sales charge, for the six months ended April 30, 2007, versus 7.66% for the Lipper Mixed-Asset Target Allocation Growth Funds category, a group of funds with investment strategies similar to those of the Fund, 2.64% for the Lehman Brothers U.S. Aggregate Bond Index, and 8.60% for the S&P 500 Index. WHY DID THE FUND PERFORM THIS WAY? The Fund's structure allows for investment across all market capitalizations and styles, both within the U.S. and internationally. This diversification is designed to enhance the long-term return and risk characteristics of the Fund. Generally, the Fund's target asset allocation is set at approximately 80% equity and 20% fixed-income. The Fund's equity allocation is structured around five equity indexes. For the six month period, the MSCI EAFE Index (international equities) was up 15.68%; the Russell MidCap Index (U.S. mid cap equities) was up 12.24%; the Russell 1000 Value Index (U.S. large cap equities) was up 9.79%; the Russell 1000 Growth Index (U.S. large cap equities) was up 8.42%; and the Russell 2000 Index (U.S. small cap equities) was up 6.86%. The Fund benefited from its international and mid cap equity exposure, as well as its large cap value bias. On the fixed income side, the yield curve steepened during the period, with the yield on the five year Treasury note decreasing five basis points to 4.51% and the yield on the 10-year Treasury note increasing two basis points to 4.62%. Within the major sectors of the Lehman Brothers U.S. Aggregate Bond Index, mortgage backed securities were the top performers, while U.S. Treasuries were the worst. The fixed income allocation is structured around three fixed income indices. For the six month period, the best performer was the Lehman Brothers U.S. Aggregate Bond Index (up 2.64%), Lehman Brothers 1-3 Year Government Index (up 2.34%), and Lehman U.S. TIPS (Treasury Inflation Protected Securities) Index (up 2.07%). Consequently, the Fund's out of benchmark positions detracted from performances. The Fund's duration is targeted to be less than the Lehman Brothers U.S. Aggregate Bond Index based on risk preferences of the Fund. For the period, this shorter duration positioning detracted from overall performance. Besides the asset allocation decision, the Fund's performance is also influenced by the performance of the underlying active fund mangers. In keeping with the Fund's long-term approach, we 35 - -------------------------------------------------------------------------------- typically use cash flows to reallocate among the underlying funds. However, a hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was performed in November to align the actual allocations with our targets. WHAT IS THE OUTLOOK? Economic data continues to suggest weaker growth ahead, a trend that began in the first quarter of the year. Additionally, the Federal Reserve concluded at its March meeting that business executives are pessimistic about sales growth, which poses a downside risk to the economy. Other risks going forward include the potential effects of the ongoing troubles within the housing sector as well as persistently high energy and food costs, which could sap consumer spending. Although business activity has been sluggish, strong consumption supports growth. And while recent CPI data suggests some moderation in core inflation, inflationary pressures remain elevated. Unless these pressures ease, we believe it is unlikely that the Federal Reserve will cut rates in the foreseeable future, as many are anticipating. While we do not feel that the economy is headed for a recession, our outlook for growth and interest rates is biased to the lower side. We will continue to seek outperformance by focusing on our disciplined long-term approach of asset allocation. COMPOSITION BY UNDERLYING FUND as of April 30, 2007
PERCENTAGE OF FUND NAME NET ASSETS - ------------------------------------------------------------------- Hartford Capital Appreciation Fund, Class Y 23.6% - ------------------------------------------------------------------- Hartford Disciplined Equity Fund, Class Y 3.7 - ------------------------------------------------------------------- Hartford Equity Income Fund, Class Y 5.6 - ------------------------------------------------------------------- Hartford Global Leaders Fund, Class Y 6.3 - ------------------------------------------------------------------- Hartford Growth Opportunities Fund, Class Y 3.9 - ------------------------------------------------------------------- Hartford Inflation Plus Fund, Class Y 2.9 - ------------------------------------------------------------------- Hartford International Opportunities Fund, Class Y 5.0 - ------------------------------------------------------------------- Hartford International Small Company Fund, Class Y 5.1 - ------------------------------------------------------------------- Hartford Select Small Cap Value Fund, Class Y 5.5 - ------------------------------------------------------------------- Hartford Short Duration Fund, Class Y 6.4 - ------------------------------------------------------------------- Hartford Small Company Fund, Class Y 4.2 - ------------------------------------------------------------------- Hartford Total Return Bond Fund, Class Y 10.8 - ------------------------------------------------------------------- Hartford Value Fund, Class Y 16.8 - ------------------------------------------------------------------- Other Assets and Liabilities 0.2 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
36 The Hartford Growth Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS LONG-TERM CAPITAL APPRECIATION. PERFORMANCE OVERVIEW(1,3) 4/30/97 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
GROWTH FUND RUSSELL 1000 GROWTH INDEX ----------- ------------------------- 4/30/97 9450 10000 10345 10722 10746 11151 11724 12137 11405 11427 11938 11989 11571 11546 11493 12036 11661 12171 11801 12535 12645 13478 13344 14015 4/98 13391 14209 13173 13806 13940 14651 13701 14554 11584 12370 12391 13320 13009 14391 13766 15486 15117 16882 15838 17873 15250 17057 16034 17955 4/99 16272 17978 15936 17425 16664 18646 16391 18053 15971 18348 15684 17963 16762 19320 17595 20362 20358 22480 19692 21426 21771 22473 21638 24082 4/00 19772 22936 19167 21781 19887 23431 19576 22455 21194 24488 20909 22171 20074 21122 18204 18009 19351 17439 18467 18644 17604 15478 16457 13794 4/01 18393 15539 18446 15310 17878 14955 17331 14582 15879 13389 14479 12052 14974 12685 16367 13903 16525 13877 16031 13632 15578 13066 16052 13518 4/02 14768 12415 14462 12115 13147 10994 12273 10390 12431 10421 11441 9340 12526 10196 13241 10750 12431 10008 12157 9765 11947 9720 12347 9901 4/03 13389 10633 14041 11164 14368 11317 14599 11599 14904 11888 14862 11760 15989 12421 16199 12551 16483 12985 17020 13250 17209 13334 17136 13087 4/04 16915 12935 17620 13176 17988 13341 16620 12586 16220 12524 16915 12643 17041 12840 17652 13282 18420 13803 17631 13343 17420 13485 17010 13239 4/05 16904 12987 17904 13615 18094 13565 18452 14228 18315 14045 18599 14109 18230 13972 19051 14575 19178 14529 19820 14785 19378 14761 19599 14979 4/06 20083 14959 18672 14452 18609 14395 18062 14120 18567 14561 19009 14961 19420 15487 19977 15794 19989 15848 20124 16255 19547 15950 19751 16036 4/07 20645 16791
--- GROWTH FUND --- RUSSELL 1000 GROWTH INDEX $9,450 starting value $10,000 starting value $20,645 ending value $16,791 ending value
RUSSELL 1000 GROWTH INDEX is an unmanaged index that measures the performance of those Russell 1000 Index companies with higher price-to-book ratios and higher forecasted growth values. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION 1 5 10 SINCE DATE YEAR YEAR YEAR INCEPTION - ---------------------------------------------------------------- Growth A# 6/8/1949 2.80% 6.93% 8.12% 11.01% - ---------------------------------------------------------------- Growth A## 6/8/1949 -2.85% 5.72% 7.51% 10.90% - ---------------------------------------------------------------- Growth B# 11/14/1994 1.94% 6.13% NA* NA* - ---------------------------------------------------------------- Growth B## 11/14/1994 -2.74% 5.81% NA* NA* - ---------------------------------------------------------------- Growth C# 11/14/1994 2.07% 6.21% 7.35% 8.51% - ---------------------------------------------------------------- Growth C## 11/14/1994 1.13% 6.21% 7.35% 8.51% - ---------------------------------------------------------------- Growth I# 2/19/2002 3.02% 6.97% NA 5.93% - ---------------------------------------------------------------- Growth L# 6/8/1949 3.09% 7.23% 8.28% 11.04% - ---------------------------------------------------------------- Growth L## 6/8/1949 -1.81% 6.19% 7.75% 10.94% - ---------------------------------------------------------------- Growth R3# 2/19/2002 3.05% 7.41% NA 5.88% - ---------------------------------------------------------------- Growth R4# 2/19/2002 3.16% 7.43% NA 5.90% - ---------------------------------------------------------------- Growth R5# 2/19/2002 3.27% 7.45% NA 5.92% - ---------------------------------------------------------------- Growth Y# 2/19/2002 3.32% 7.46% NA 5.93% - ----------------------------------------------------------------
# Without sales charge ## With sales charge NA Not Applicable * 10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Classes A, B and C were offered beginning on February 19, 2002. Performance prior to that date is that of the fund's Classes L, M and N shares, respectively, which have lower operating expenses. Performance prior to February 19, 2002 would have been lower if Classes A, B and C shares expenses were applied during that period. Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. (Classes M and N are no longer offered.) Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I, L, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGEMENT ANDREW J. SHILLING Senior Vice President, Partner JOHN A. BOSELLI, CFA Senior Vice President, Partner - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Growth Fund returned 6.31%, before sales charge, for the six-month period ended April 30, 2007, underperforming its benchmark, the Russell 1000 Growth Index, which returned 8.42% for the same period. The Fund also underperformed the 7.38% return of the average fund in the Large-Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Equity markets rose strongly during the six month period. Value stocks continued to lead growth as the Russell 1000 Growth Index's 8.42% return lagged the 9.79% return of the Russell 1000 Value Index. Small cap stocks, as measured by the Russell 2000 (+6.9%) trailed the broader market, but Midcaps shined during the period, rising 12.2% as measured by the Russell Midcap Index. International stocks posted the best results, gaining 15.7% in US dollar terms. Within the Russell 1000 Growth Index every sector posted a positive return, led by Materials (+19%), Utilities (+15%), and Energy (+15%). The Consumer Staples (+6%), Consumer Discretionary (+6%), and Information Technology (+7%) sectors lagged. Poor security selection was the main source of underperformance for the period, led by weakness in Technology, Financials, and Consumer Staples. The top three relative (i.e. performance of the Fund as measured against the benchmark) detractors were Nasdaq Stock Market, TXU, and AstraZeneca. Our position in Nasdaq fell as a result of the company's failed London Stock Exchange deal and renewed competitive pressure from BATS Trading Inc.'s alternative trading platform. We believe Nasdaq's fundamentals remain strong and we maintain our position. Texas utility TXU saw its shares decline amid concerns about its earnings power over the next few years. Lower gas prices and environmental opposition to new coal plant development weighed on the stock, and we exited our position. Shares in pharmaceutical firm AstraZeneca fell after the failure of its late stage experimental stroke drug NXY-59; 37 - -------------------------------------------------------------------------------- we eliminated our position during the period. Other absolute (i.e. total return) and relative detractors included communications company Motorola, organic grocer Whole Foods Market, and flash memory company SanDisk. An underweight (i.e. the Fund's sector position was less than the benchmark position) position in the high-performing Utilities sector also hampered relative performance. Strong stock selection within the Materials and Health Care sectors contributed positively the Fund's returns. Top relative contributors included pharmaceutical company Schering-Plough, uranium mining company Cameco, and materials company Cia Vale do Rio Doce (CVRD). The Fund also benefited from not holding a position in health care concern Johnson & Johnson, which fell during the period. Shares in Schering-Plough rose on strong results and investor enthusiasm for the announced acquisition of Organon Biosciences. We expect the deal to be accretive with marketing and sales synergies, an attractive combined hospital franchise, and a #1 share in animal health. Cameco shares gained ground on strong fundamentals and continued short supplies of uranium. Brazilian mining company CVRD's shares rose as strong markets for iron ore and nickel supported higher earnings and guidance, while results from recently acquired nickel miner Inco are exceeding expectations. We anticipate better-than-expected volume growth and cost cutting initiatives to benefit the stock's valuation. Other top absolute and relative contributors included aerospace and defense giant Boeing and engineering company Fluor. WHAT IS THE OUTLOOK? Our investment approach is very much a "bottom-up" process: we pick one stock at a time based upon the attractiveness of each company's valuation and fundamentals. As a result of this bottom up stock picking, we were most overweight (i.e. the Fund's sector position was greater than the benchmark position) Industrials and Technology at the end of the period. Significant Technology holdings included networking giant Cisco, enterprise software company Oracle, and internet search leader Google. We added to our position in Oracle during the period as the company is launching a new middleware product we expect will drive revenues going forward. We also initiated a position in Research In Motion, the maker of the ubiquitous BlackBerry, based on the expectation that it will continue to take market share. We also remain overweight the Industrials sector, largely due to positions in capital goods companies such as General Dynamics, Danaher, Fluor, and Boeing. We remain underweight consumer stocks, although we increased our exposure to Consumer Discretionary stocks through purchases of office retailer Staples, apparel firm Nike and Chinese advertising company Focus Media. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 6.4% - ------------------------------------------------------------------- Capital Goods 5.9 - ------------------------------------------------------------------- Consumer Cyclical 4.5 - ------------------------------------------------------------------- Consumer Staples 2.4 - ------------------------------------------------------------------- Energy 1.0 - ------------------------------------------------------------------- Finance 12.3 - ------------------------------------------------------------------- Health Care 11.7 - ------------------------------------------------------------------- Services 15.8 - ------------------------------------------------------------------- Technology 37.0 - ------------------------------------------------------------------- Transportation 2.7 - ------------------------------------------------------------------- Short-Term Investments 3.0 - ------------------------------------------------------------------- Other Assets & Liabilities -2.7 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
38 The Hartford Growth Opportunities Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS CAPITAL APPRECIATION. PERFORMANCE OVERVIEW(1,3) 4/30/97 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
GROWTH OPPORTUNITIES FUND RUSSELL 3000 GROWTH INDEX ------------------------- ------------------------- 4/30/97 9450 10000 10500 10785 10934 11211 12041 12163 11663 11551 12281 12155 11741 11677 11644 12093 11538 12215 11362 12530 12374 13487 13005 14027 4/98 13085 14211 12770 13750 13453 14529 12777 14333 10428 12087 11243 13038 11772 14057 12217 15128 13727 16493 14153 17444 13058 16589 13746 17442 4/99 13755 17570 13390 17072 14367 18245 14338 17666 14589 17886 14656 17559 15713 18823 17538 19904 21094 22072 20813 21096 26930 22414 24421 23682 4/00 22339 22463 20971 21275 24158 22963 23398 21935 26579 23943 26602 21750 24292 20669 19624 17575 21826 17124 21440 18321 18678 15253 16604 13613 4/01 18171 15331 18012 15148 17974 14856 17550 14422 16362 13261 13834 11882 14538 12538 15998 13732 16564 13763 16388 13503 15402 12922 16213 13413 4/02 15410 12374 15211 12043 13505 10935 12182 10260 11892 10288 10943 9241 11708 10064 12771 10639 11853 9904 11693 9661 11532 9603 11853 9780 4/03 12932 10516 13934 11083 14339 11239 14477 11558 15127 11870 14928 11730 16251 12415 16794 12566 17023 12971 17543 13267 17796 13343 17926 13120 4/04 17390 12927 18056 13170 18583 13355 17008 12563 16778 12484 17681 12648 17964 12854 18813 13350 19769 13870 19073 13393 18904 13539 18553 13270 4/05 18071 12967 19233 13617 19975 13608 21137 14298 21229 14113 21703 14182 21290 14010 22216 14630 22857 14587 24347 14943 24001 14914 24445 15181 4/06 24856 15158 23466 14591 23161 14539 22470 14221 22997 14662 23424 15040 24132 15605 25240 15920 25470 15966 26037 16367 25559 16080 26019 16173 4/07 27552 16906
--- GROWTH OPPORTUNITIES FUND --- RUSSELL 3000 GROWTH INDEX $9,450 starting value $10,000 starting value $27,552 ending value $16,906 ending value
RUSSELL 3000 GROWTH INDEX is an unmanaged index that measures the performance of those Russell 3000 Index companies with higher price-to-book ratios and higher forecasted growth values. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION 1 5 10 SINCE DATE YEAR YEAR YEAR INCEPTION - ---------------------------------------------------------------------- Growth Opp A# 3/31/1963 10.85% 12.32% 11.29% 13.09% - ---------------------------------------------------------------------- Growth Opp A## 3/31/1963 4.75% 11.05% 10.66% 12.94% - ---------------------------------------------------------------------- Growth Opp B# 11/14/1994 9.91% 11.50% NA* NA* - ---------------------------------------------------------------------- Growth Opp B## 11/14/1994 4.91% 11.25% NA* NA* - ---------------------------------------------------------------------- Growth Opp C# 11/14/1994 9.95% 11.51% 10.48% 10.93% - ---------------------------------------------------------------------- Growth Opp C## 11/14/1994 8.95% 11.51% 10.48% 10.93% - ---------------------------------------------------------------------- Growth Opp I# 2/19/2002 11.06% 12.36% NA 12.26% - ---------------------------------------------------------------------- Growth Opp L# 3/31/1963 11.04% 12.62% 11.44% 13.12% - ---------------------------------------------------------------------- Growth Opp L## 3/31/1963 5.76% 11.53% 10.90% 13.00% - ---------------------------------------------------------------------- Growth Opp R3# 2/19/2002 10.99% 12.79% NA 12.12% - ---------------------------------------------------------------------- Growth Opp R4# 2/19/2002 11.10% 12.81% NA 12.14% - ---------------------------------------------------------------------- Growth Opp R5# 2/19/2002 11.24% 12.84% NA 12.16% - ---------------------------------------------------------------------- Growth Opp Y# 2/19/2002 11.27% 12.85% NA 12.17% - ----------------------------------------------------------------------
# Without sales charge ## With sales charge NA Not Applicable * 10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Classes A, B and C were offered beginning on February 19, 2002. Performance prior to that date is that of the fund's Classes L, M and N shares, respectively, which have lower operating expenses. Performance prior to February 19, 2002 would have been lower if Classes A, B and C shares expenses were applied during that period. Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. (Classes M and N are no longer offered.) Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I, L, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGER MICHAEL T. CARMEN, CFA, CPA Senior Vice President, Partner MARIO E. ABULARACH, CFA Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? Class A shares of The Hartford Growth Opportunities Fund returned 14.17%, before sales charge, for the six-month period ended April 30, 2007, outperforming the benchmark, the Russell 3000 Growth Index, which returned 8.34% for the same period. The Fund also outperformed the 9.09% return of the average fund in the Lipper Multi-Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? U.S. equity markets rose in the period as solid corporate earnings and continued merger & acquisition activity offset concerns of a weakening housing and credit environment. Within the Russell 3000 Growth Index, all ten sectors posted positive returns for the period, led by Materials (+19%), Utilities (+15%), and Energy (+14%). The laggards in this environment were Consumer Staples (+6%) and Consumer Discretionary (+6%). The Fund outperformed by maintaining its focus on stock selection. Selection was particularly strong in the Materials, Information Technology and Consumer Discretionary sectors. Sector weightings, the result of bottom-up stock selection decisions, were also additive to relative (i.e. performance of the Fund as measured against the benchmark) performance. Schering Plough (Health Care), Potash (Materials) and Cia Vale do Rio Doce (CVRD) (Materials) were top contributors to relative and absolute (i.e. total return) performance during the period. Schering Plough shares rose on news the company would buy Organon BioSciences from Holland's Akzo Nobel, expanding its line-up of central nervous system and women's health care products. In addition, Schering Plough continued to benefit from strong sales of Zetia, the company's anti-cholesterol drug. Canadian agricultural products firm Potash reported record earnings, as increasing end-market demand resulted in tight global capacity utilization rates at potash producers. Limited industry expansion plans provide a favorable outlook for near-term fundamentals. Brazilian mining company CVRD's shares rose as strong markets for iron ore and nickel supported higher earnings and guidance. Results from recently acquired Inco also exceeded expectations. We held all three stocks at the end of the period. 39 - -------------------------------------------------------------------------------- Stock selection within the Financials and Energy sectors detracted from relative performance. In terms of individual names, Children's Place Retail Stores (Consumer Discretionary), Nasdaq Stock Market (Financials) and MoneyGram International (Information Technology) were among the top detractors from relative performance during the period. Children's Place shares were volatile as an investigation into the company's stock option practices may force the company to re-state historical earnings. We eliminated the stock during the period. Nasdaq Stock Market shares declined as a result of renewed competitive pressure from BATS Trading Inc.'s alternative trading platform, in addition to noise around the failed London Stock Exchange deal. Global payment services company MoneyGram International's stock price fell after reporting disappointing earnings and higher expenses due to increased marketing spending. We held Nasdaq Stock Market and MoneyGram International at the end of the period. WHAT IS YOUR OUTLOOK? While global economic growth appears to be on track, there clearly has been a deceleration in the U.S. We continue to anticipate 2-3% domestic GDP growth, with global growth north of 3% and global profit growth in the single digits. Overall, the inflation picture is mixed, as the recovery in oil prices and increases in grain prices augur increased pressure on inflation and interest rates. The biggest negative in the economy is housing, which was overbuilt and clearly is correcting. However, we consider physical statistics such as freight volumes and airline passenger figures as more useful gauges of the overall health of the economy, and so far these measures point toward steady but slowing growth. Bottom-up decisions resulted in overweights (i.e. the Fund's sector position was greater than the benchmark position) in Materials, Health Care and Energy and underweights (i.e. the Fund's sector position was less than the benchmark position) in the Consumer Staples, Financials, and Information Technology sectors at the end of the period. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 9.9% - ------------------------------------------------------------------- Capital Goods 1.1 - ------------------------------------------------------------------- Consumer Cyclical 8.0 - ------------------------------------------------------------------- Consumer Staples 2.3 - ------------------------------------------------------------------- Energy 4.9 - ------------------------------------------------------------------- Finance 6.6 - ------------------------------------------------------------------- Health Care 20.0 - ------------------------------------------------------------------- Services 11.5 - ------------------------------------------------------------------- Technology 28.1 - ------------------------------------------------------------------- Transportation 1.4 - ------------------------------------------------------------------- Utilities 2.3 - ------------------------------------------------------------------- Short-Term Investments 18.1 - ------------------------------------------------------------------- Other Assets & Liabilities -14.2 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
40 The Hartford High Yield Fund (subadvised by Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS HIGH CURRENT INCOME. GROWTH OF CAPITAL IS A SECONDARY OBJECTIVE. PERFORMANCE OVERVIEW(3) 9/30/98 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS HIGH YIELD HIGH YIELD FUND CORPORATE INDEX --------------- -------------------------- 9/30/98 9550 10000 9529 9795 9856 10202 9868 10213 10016 10364 10007 10303 10137 10402 4/99 10326 10603 10123 10460 10113 10437 10102 10479 10026 10363 9986 10289 10040 10221 10168 10341 10211 10457 10120 10412 10106 10431 10011 10212 4/00 10050 10229 9914 10123 10173 10330 10279 10408 10423 10479 10359 10388 10175 10056 9922 9657 10275 9844 10958 10581 11015 10722 10765 10469 4/01 10624 10339 10689 10525 10340 10230 10498 10381 10587 10503 9962 9797 10359 10039 10688 10406 10572 10363 10465 10436 10110 10290 10216 10538 4/02 10315 10706 10210 10647 9643 9862 9195 9431 9310 9700 9078 9573 9099 9489 9663 10077 9762 10218 10008 10558 10200 10688 10380 10995 4/03 10924 11647 11106 11768 11336 12106 11058 11973 11158 12111 11504 12442 11710 12693 11862 12886 12133 13177 12268 13429 12236 13395 12273 13486 4/04 12100 13394 11868 13168 12017 13356 12169 13538 12384 13803 12555 14004 12794 14257 12856 14429 12979 14644 12918 14625 13139 14840 12695 14408 4/05 12589 14268 12822 14521 12989 14806 13157 15065 13175 15094 13029 14943 12917 14839 13005 14916 13111 15045 13251 15285 13358 15387 13448 15479 4/06 13538 15574 13529 15572 13455 15517 13576 15669 13805 15923 13944 16149 14153 16369 14367 16644 14529 16827 14745 17015 14974 17253 15009 17271 4/07 15228 17495
--- HIGH YIELD FUND --- LEHMAN BROTHERS HIGH YIELD CORPORATE INDEX $9,550 starting value $10,000 starting value $15,228 ending value $17,495 ending value
LEHMAN BROTHERS HIGH YIELD CORPORATE INDEX is an unmanaged broad-based market value-weighted index that tracks the total return performance of non-investment grade, fixed-rate, publicly placed, dollar denominated and nonconvertible debt registered with the SEC. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR 5 YEAR INCEPTION - ------------------------------------------------------------ High Yield A# 9/30/1998 12.48% 8.10% 5.58% - ------------------------------------------------------------ High Yield A## 9/30/1998 7.42% 7.11% 5.02% - ------------------------------------------------------------ High Yield B# 9/30/1998 11.51% 7.28% NA* - ------------------------------------------------------------ High Yield B## 9/30/1998 6.51% 6.98% NA* - ------------------------------------------------------------ High Yield C# 9/30/1998 11.59% 7.38% 4.88% - ------------------------------------------------------------ High Yield C## 9/30/1998 10.59% 7.38% 4.88% - ------------------------------------------------------------ High Yield R3# 9/30/1998 12.86% 8.93% 6.01% - ------------------------------------------------------------ High Yield R4# 9/30/1998 12.97% 8.95% 6.02% - ------------------------------------------------------------ High Yield R5# 9/30/1998 13.07% 8.97% 6.03% - ------------------------------------------------------------ High Yield Y# 9/30/1998 13.00% 8.96% 6.02% - ------------------------------------------------------------
# Without sales charge ## With sales charge NA Not Applicable * 10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGERS MARK NILAND, CFA NASRI TOUTOUNGI JAMES SERHANT, CFA Executive Vice President Managing Director Senior Vice President, Senior Investment Analyst
- -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford High Yield Fund returned 7.59%, before sales charge, for the six-month period ended April 30, 2007, versus its benchmark, the Lehman Brothers High Yield Corporate Index, which gained 6.88%, and the 6.76% average return of the Lipper High Yield Funds category, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Security selection, sector allocation and yield curve positioning all contributed to the Fund's outperformance versus the Lehman Brothers High Yield Corporate Index during the period. Security selection was the biggest contributor, as a number of positions experienced meaningful price appreciation. These positions included Clarke American Corp., which tendered its debt at a significant premium, Charter Communications, Inc., which continued to improve its operating performance, and Level 3 Communications, Inc., which made strides in improving its liquidity and leverage profile. In addition, an overweight (i.e. the Fund's sector position was greater than the benchmark position) to the wireless sector benefited from strengthening industry fundamentals while a heavy weighting in MetroPCS Communications, Inc. proved additive as an initial public offering reduced the company's leverage. The Fund's holdings of debt securities issued by Nortel Networks Corporation posted strong total returns, reflecting the improvement in the company's profitability. An underweight (i.e. the Fund's sector position was less than the benchmark position) to the pipeline industry adversely affected total returns. In particular, the portfolio was below benchmark weighting in El Paso Corporation and Williams, two companies that were upgraded during the period. Although the Fund was underweighted to the troubled building materials sector, security selection within that sector hindered performance. In addition, the Fund's duration (i.e. sensitivity to changes in interest rates) positioning, relative to the benchmark, detracted slightly from overall performance. WHAT IS THE OUTLOOK? We remain positive on the high yield market mainly due to the persistent strength of fundamentals. With reported earnings for first quarter 2007 exceeding expectations by a healthy margin, and forward guidance generally increasing (though heavily weighted to the second half of the year), debt service capabilities of most companies remain strong and default rates are hovering near record lows. Unfortunately, risk premiums have moved toward record 41 - -------------------------------------------------------------------------------- lows as well. As a result, the income component of future returns will be reduced, making it more difficult to continue to post the type of returns we have been able to capture over the past six months. Nevertheless, we do see opportunities in both the new issue and secondary markets, with robust merger and acquisition activity having the impact of further enhancing the fundamental tone of the market. In addition, we are finding select opportunities in the bank loan market, which allows the Fund to invest in higher quality securities while maintaining -- and in some cases even enhancing -- the Fund's yield. DISTRIBUTION BY CREDIT QUALITY as of April 30, 2007
PERCENTAGE OF LONG-TERM RATING HOLDINGS - -------------------------------------------------------------------- AAA 0.2% - -------------------------------------------------------------------- BB 19.0 - -------------------------------------------------------------------- B 53.9 - -------------------------------------------------------------------- CCC 24.1 - -------------------------------------------------------------------- NR 2.8 - -------------------------------------------------------------------- TOTAL 100.0% - --------------------------------------------------------------------
DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 14.0% - ------------------------------------------------------------------- Capital Goods 1.6 - ------------------------------------------------------------------- Consumer Cyclical 14.0 - ------------------------------------------------------------------- Consumer Staples 1.9 - ------------------------------------------------------------------- Energy 4.5 - ------------------------------------------------------------------- Finance 13.5 - ------------------------------------------------------------------- Health Care 5.7 - ------------------------------------------------------------------- Services 18.3 - ------------------------------------------------------------------- Technology 18.1 - ------------------------------------------------------------------- Transportation 1.6 - ------------------------------------------------------------------- Utilities 5.1 - ------------------------------------------------------------------- Short-Term Investments 22.6 - ------------------------------------------------------------------- Other Assets & Liabilities -20.9 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
42 The Hartford Income Allocation Fund (advised by Hartford Investment Financial Services, LLC) INVESTMENT OBJECTIVE -- SEEKS CURRENT INCOME AND, AS A SECONDARY OBJECTIVE, CAPITAL PRESERVATION. PERFORMANCE OVERVIEW(3) 5/28/04 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS U.S. AGGREGATE BOND INCOME ALLOCATION FUND INDEX ---------------------- ----------------------------------- 5/28/04 9550 10000 9550 10000 9560 10057 7/04 9602 10156 9683 10350 9713 10378 10/04 9781 10465 9765 10382 9832 10477 1/05 9836 10543 9838 10481 9764 10427 4/05 9820 10568 9888 10682 9939 10741 7/05 9910 10643 9992 10779 9937 10668 10/05 9880 10584 9915 10631 9989 10732 1/06 10012 10732 10042 10768 9990 10662 4/06 10001 10643 10005 10631 10016 10654 7/06 10108 10798 10218 10963 10274 11060 10/06 10339 11133 10432 11262 10390 11197 1/07 10422 11192 10557 11365 10561 11365 4/07 10626 11426
--- INCOME ALLOCATION FUND --- LEHMAN BROTHERS U.S. AGGREGATE $9,550 starting value BOND INDEX $10,626 ending value $10,000 starting value $11,426 ending value
LEHMAN BROTHERS U.S. AGGREGATE BOND INDEX is an unmanaged index and is composed of securities from the Lehman Brothers Government/Credit Bond Index, Mortgage-Backed Securities Index, Asset-Backed Index and Commercial Mortgage-Backed Securities Index. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - ----------------------------------------------------------- Income Allocation A# 5/28/2004 6.25% 3.72% - ----------------------------------------------------------- Income Allocation A## 5/28/2004 1.47% 2.10% - ----------------------------------------------------------- Income Allocation B# 5/28/2004 5.50% 3.01% - ----------------------------------------------------------- Income Allocation B## 5/28/2004 0.50% 2.04% - ----------------------------------------------------------- Income Allocation C# 5/28/2004 5.39% 2.97% - ----------------------------------------------------------- Income Allocation C## 5/28/2004 4.39% 2.97% - ----------------------------------------------------------- Income Allocation I# 5/28/2004 6.40% 3.77% - ----------------------------------------------------------- Income Allocation R3# 5/28/2004 6.11% 3.67% - ----------------------------------------------------------- Income Allocation R4# 5/28/2004 6.22% 3.71% - ----------------------------------------------------------- Income Allocation R5# 5/28/2004 6.32% 3.74% - -----------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I, R3, R4 and R5 shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGERS HUGH WHELAN Senior Vice President EDWARD C. CAPUTO Vice President - -------------------------------------------------------------------------------- WHAT DID THE MARKET DO AND HOW DID THE FUND PERFORM? The Class A shares of The Hartford Income Allocation Fund returned 2.77%, before sales charge, for the six months ended April 30, 2007, versus a 2.64% return for its benchmark, the Lehman Brothers U.S. Aggregate Bond Index, and 2.56% for the Lipper Intermediate Grade Debt Funds category, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? The yield curve steepened during the period, with the yield on the five year Treasury note decreasing five basis points to 4.51% and the yield on the 10-year Treasury note increasing two basis points to 4.62%. Within the major sectors of the Lehman Brothers U.S. Aggregate Bond Index, mortgage backed securities were the top performers, while U.S. Treasuries were the worst. The fixed income allocation is structured around six fixed income indices. For the six month period, the best performer was the Lehman Brothers High Yield Index (up 6.88%), followed by the CSFB Leveraged Loan Index (up 3.98%), Lehman Brothers U.S. Aggregate Bond Index (up 2.64%), Merrill Lynch 3-Month U.S. Treasury Bill Index (up 2.62%), Lehman Brothers 1-3 Year Government Index (up 2.34%), and Lehman U.S. TIPS (Treasury Inflation Protected Securities) Index (up 2.07%). Consequently, the Fund benefited from its allocation to high yield and floating rate notes, while the other asset classes underperformed the Fund's fixed income benchmark. The Fund's duration (i.e. sensitivity to changes in interest rates) is targeted to be less than the Lehman Brothers U.S. Aggregate Bond Index based on risk preferences of the Fund. For the period, short duration positioning detracted from overall performance. Besides the asset allocation decision, the Fund's performance is also influenced by the performance of the underlying active fund mangers. In keeping with the Fund's long-term approach, we typically use cash flows to reallocate among the underlying funds. However, a hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was performed in November to align the actual allocations with our targets. WHAT IS THE OUTLOOK? Economic data continues to suggest weaker growth ahead, a trend that began in the first quarter of the year. Additionally, the Federal Reserve concluded at its March meeting that business executives are pessimistic about sales growth, which poses a downside risk to the economy. Other risks going forward include the potential effects of the ongoing troubles within the housing sector as well as 43 - -------------------------------------------------------------------------------- persistently high energy and food costs, which could sap consumer spending. Although business activity has been sluggish, strong consumption supports growth. And while recent CPI data suggests some moderation in core inflation, inflationary pressures remain elevated. Unless these pressures ease, we believe it is unlikely that the Federal Reserve will cut rates in the foreseeable future, as many are anticipating. While we do not feel that the economy is headed for a recession, our outlook for growth and interest rates is biased to the lower side. COMPOSITION BY UNDERLYING FUND as of April 30, 2007
PERCENTAGE OF FUND NAME NET ASSETS - ------------------------------------------------------------------- Hartford Floating Rate Fund, Class Y 8.1% - ------------------------------------------------------------------- Hartford High Yield Fund, Class Y 7.5 - ------------------------------------------------------------------- Hartford Income Fund, Class Y 17.1 - ------------------------------------------------------------------- Hartford Inflation Plus Fund, Class Y 20.4 - ------------------------------------------------------------------- Hartford Money Market Fund, Class Y 8.7 - ------------------------------------------------------------------- Hartford Short Duration Fund, Class Y 22.1 - ------------------------------------------------------------------- Hartford Total Return Bond Fund, Class Y 15.4 - ------------------------------------------------------------------- Other Assets & Liabilities 0.7 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
44 The Hartford Income Fund (subadvised by Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS TO PROVIDE A HIGH LEVEL OF CURRENT INCOME. CAPITAL APPRECIATION IS A SECONDARY OBJECTIVE. PERFORMANCE OVERVIEW(2) 10/31/02 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS U.S. AGGREGATE BOND INCOME FUND INDEX ----------- ----------------------------------- 10/31/02 9550 10000 9662 10207 9820 10215 9883 10357 10045 10349 10099 10434 4/30/03 10314 10629 10459 10608 10540 10251 10193 10319 10273 10592 10563 10493 10580 10518 10637 10625 10804 10711 10895 10827 10995 10908 11080 10624 4/30/04 10788 10582 10691 10641 10769 10747 10897 10952 11108 10982 11170 11074 11305 10985 11242 11086 11356 11156 11376 11090 11373 11033 11209 11183 4/30/05 11289 11304 11414 11365 11497 11262 11460 11406 11597 11289 11490 11199 11384 11249 11450 11356 11550 11356 11601 11394 11659 11282 11578 11262 4/30/06 11590 11250 11558 11274 11538 11426 11682 11601 11874 11703 11983 11780 12095 11917 12253 11848 12236 11843 12268 12026 12437 12026 12425 12091 4/30/07 12504 12087
--- INCOME FUND --- LEHMAN BROTHERS U.S. AGGREGATE BOND INDEX $9,550 starting value $10,000 starting value $12,504 ending value $12,087 ending value
LEHMAN BROTHERS U.S. AGGREGATE BOND INDEX is an unmanaged index and is composed of securities from the Lehman Brothers Government/Credit Bond Index, Mortgage-Backed Securities Index, Asset-Backed Securities Index and Commercial Mortgage-Backed Securities Index. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - ------------------------------------------------ Income A# 10/31/2002 7.90% 6.17% - ------------------------------------------------ Income A## 10/31/2002 3.04% 5.09% - ------------------------------------------------ Income B# 10/31/2002 7.09% 5.41% - ------------------------------------------------ Income B## 10/31/2002 2.09% 5.03% - ------------------------------------------------ Income C# 10/31/2002 7.11% 5.45% - ------------------------------------------------ Income C## 10/31/2002 6.11% 5.45% - ------------------------------------------------ Income Y# 11/28/2003 8.20% 5.10% - ------------------------------------------------
# Without sales charge ## With sales charge
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (2) Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGERS WILLIAM H. DAVISON, JR. Managing Director JEFFREY S. MACDONALD, CFA Vice President CHARLES MOON Executive Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Income Fund returned 3.39%, before sales charge, for the six-month period ended April 30, 2007, versus its benchmark, the Lehman Brothers U.S. Aggregate Bond Index, which gained 2.64%, and the 2.58% average return of the Lipper Corporate Debt A-Rated Funds category, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? The Fund's overall outperformance was driven by a favorable combination of sector rotation (i.e. shifting of assets between different sectors), interest rate positioning, and security selection. Sector rotation was the largest positive contributor as strong performance in lower quality credit, specifically high yield and emerging markets, drove the Fund's returns throughout the period. These allocations were maintained against underweights (i.e. the Fund's sector position was less than the benchmark position) to U.S. Treasuries and agencies, which underperformed most sectors of the overall market. Interest rate risk was tactically managed, with the bulk of the outperformance driven by decisions early in the six-month period. Overall, these interest rate decisions drove performance more so than the Fund's yield curve positioning. In addition, security selection added modestly to the Fund's outperformance, helped by an overweight (i.e. the Fund's sector position was greater than the benchmark position) to longer maturity investment grade corporate bonds. WHAT IS THE OUTLOOK? The economy has experienced slower growth over the past two calendar quarters. Moderation in employment, consumer spending and business investment, driven in large part by weakness in the housing and manufacturing sectors, has contributed to this slowdown. Inflation still remains a concern for the Federal Open Market Committee (the "Federal Reserve"). Although core prices have softened recently, they still remain above the Federal Reserve's "comfort range" of 1% to 2%. This, and the recent spike in gasoline prices, should keep the Federal Reserve's "balance of risks" focused on inflation over the coming months. In our view, if the economy continues to follow the Federal Reserve's outlook of moderately paced growth and an easing in core price pressures, changes in interest rate policy should remain on hold. As such, we see interest rates as range bound over the coming months. We remain positive on credit risk and see value in lower quality sectors like high yield and bank loans. We currently view the attractiveness of the investment grade corporate bond market as 45 - -------------------------------------------------------------------------------- fair, though re-levering and leveraged buyout activity have increased risk in this part of the market. We have initiated and maintain an allocation to U.S. Treasury Inflation Protected Securities (TIPS) as headline inflation pressures, led by high gasoline prices, have increased the attractiveness of this sector. DISTRIBUTION BY CREDIT QUALITY as of April 30, 2007
PERCENTAGE OF LONG-TERM RATING HOLDINGS - ------------------------------------------------------------------- AAA 46.8% - ------------------------------------------------------------------- AA 5.4 - ------------------------------------------------------------------- A 9.9 - ------------------------------------------------------------------- BBB 8.4 - ------------------------------------------------------------------- BB 12.4 - ------------------------------------------------------------------- B 15.0 - ------------------------------------------------------------------- CCC 1.3 - ------------------------------------------------------------------- NR 0.8 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 2.7% - ------------------------------------------------------------------- Capital Goods 0.4 - ------------------------------------------------------------------- Consumer Cyclical 3.3 - ------------------------------------------------------------------- Consumer Staples 1.3 - ------------------------------------------------------------------- Energy 1.1 - ------------------------------------------------------------------- Finance 26.2 - ------------------------------------------------------------------- Foreign Governments 0.4 - ------------------------------------------------------------------- Health Care 2.3 - ------------------------------------------------------------------- Services 6.1 - ------------------------------------------------------------------- Technology 7.2 - ------------------------------------------------------------------- Transportation 0.3 - ------------------------------------------------------------------- U.S. Government Agencies 26.2 - ------------------------------------------------------------------- U.S. Government Securities 13.8 - ------------------------------------------------------------------- Utilities 0.9 - ------------------------------------------------------------------- Short-Term Investments 31.7 - ------------------------------------------------------------------- Other Assets & Liabilities -23.9 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
46 The Hartford Inflation Plus Fund (subadvised by Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS A TOTAL RETURN THAT EXCEEDS THE RATE OF INFLATION OVER AN ECONOMIC CYCLE. PERFORMANCE OVERVIEW(3) 10/31/02 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS U.S. TREASURY INFLATION PLUS FUND INFLATION-PROTECTED SECURITIES INDEX ------------------- ------------------------------------ 10/31/02 9550 10000 9528 9993 9842 10329 9889 10407 10245 10796 10082 10621 4/03 10037 10594 10507 11097 10407 10983 9921 10476 10072 10664 10390 11017 10412 11077 10411 11084 10500 11197 10609 11325 10842 11586 11003 11772 4/04 10488 11201 10628 11403 10621 11408 10707 11514 10976 11823 10988 11846 11077 11965 11044 11936 11228 12144 11226 12145 11173 12093 11173 12104 4/05 11367 12335 11446 12420 11469 12473 11248 12211 11487 12493 11456 12475 11310 12316 11316 12337 11442 12489 11441 12488 11429 12482 11190 12208 4/06 11164 12198 11200 12234 11211 12268 11377 12468 11570 12684 11581 12705 11569 12683 11702 12840 11414 12541 11425 12557 11657 12825 11691 12856 4/07 11761 12947
--- INFLATION PLUS FUND --- LEHMAN BROTHERS U.S. TREASURY $9,550 starting value INFLATION-PROTECTED SECURITIES INDEX $11,761 ending value $10,000 starting value $12,947 ending value
LEHMAN BROTHERS U.S. TREASURY INFLATION-PROTECTED SECURITIES INDEX represents securities that protect against adverse inflation and provide a minimum level of real return. To be included in this index, bonds must have cash flows linked to an inflation index, be sovereign issues denominated in U.S. currency, and have more than one year to maturity. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - --------------------------------------------------------- Inflation Plus A# 10/31/2002 5.35% 4.74% - --------------------------------------------------------- Inflation Plus A## 10/31/2002 0.61% 3.67% - --------------------------------------------------------- Inflation Plus B# 10/31/2002 4.62% 4.02% - --------------------------------------------------------- Inflation Plus B## 10/31/2002 -0.38% 3.63% - --------------------------------------------------------- Inflation Plus C# 10/31/2002 4.52% 4.00% - --------------------------------------------------------- Inflation Plus C## 10/31/2002 3.52% 4.00% - --------------------------------------------------------- Inflation Plus I# 11/28/2003 5.64% 4.80% - --------------------------------------------------------- Inflation Plus R3# 11/28/2003 5.32% 3.89% - --------------------------------------------------------- Inflation Plus R4# 11/28/2003 5.46% 3.93% - --------------------------------------------------------- Inflation Plus R5# 11/28/2003 5.50% 3.94% - --------------------------------------------------------- Inflation Plus Y# 11/28/2003 5.63% 3.98% - ---------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGERS JOHN HENDRICKS Senior Vice President TIMOTHY WILHIDE Senior Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Inflation Plus Fund returned 1.66%, before sales charge, for the six-month period ended April 30, 2007, versus its benchmark, the Lehman Brothers U.S. Treasury Inflation-Protected Securities Index, which returned 2.07%, and the 1.80% average return of the Lipper Treasury Inflation Protected Securities Index, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? The six-month period was characterized by two distinct views of Treasury Inflation Protected Securities (TIPS). The first view, prevailing in November and December, was that TIPS were unattractive versus nominal Treasury securities as a result of weak oil and gasoline prices and low seasonal inflation accrual. During this period, TIPS underperformed similar maturity nominal Treasuries by approximately 30 basis points in short maturities to as much as 200 basis points for long maturities. The situation reversed dramatically from January to April, as retail gasoline prices unexpectedly jumped by 32% to a national average of $2.97 per gallon at the end of April, pushing the Consumer Price Index (CPI) above expectations. As a result, TIPS outperformed similar maturity nominal Treasuries by 50 to 150 basis points, depending on the maturity, for the four month period ending April 30. During the period the Fund reduced its bank loan allocation to 5% from 10%. This was prompted by our view that this asset class, while fundamentally attractive, was fully priced, especially in light of evidence that investors were beginning to reassess their willingness to hold riskier assets. In effect, we lowered our position in bank loans with the expectation that we could add them back later in 2007 at less fully valued levels. However, we continue to view bank loans as a core holding and an asset class we do not expect to trade aggressively; we simply saw an opportunity to sell part of the position at very attractive prices. WHAT IS THE OUTLOOK? We expect continued upward pressure on inflation. In particular, we believe the current consensus forecast for CPI will prove to be low through the spring and much of the summer, as gasoline, food, and the "owner's equivalent rent" (i.e. an estimate of the rent homeowners would pay if they were renting the residences they own) component of housing-related inflation remain elevated. 47 - -------------------------------------------------------------------------------- Beyond that, much depends on whether economic growth accelerates above 3%, which would add to inflationary pressures. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 0.5% - ------------------------------------------------------------------- Consumer Cyclical 0.6 - ------------------------------------------------------------------- Finance 1.1 - ------------------------------------------------------------------- Health Care 1.1 - ------------------------------------------------------------------- Services 0.9 - ------------------------------------------------------------------- Technology 0.7 - ------------------------------------------------------------------- U.S. Government Securities 101.6 - ------------------------------------------------------------------- Utilities 0.6 - ------------------------------------------------------------------- Short-Term Investments 0.7 - ------------------------------------------------------------------- Other Assets & Liabilities -7.8 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DISTRIBUTION BY CREDIT QUALITY as of April 30, 2007
PERCENTAGE OF LONG-TERM RATING HOLDINGS - ------------------------------------------------------------------- AAA 94.8% - ------------------------------------------------------------------- BBB 0.5 - ------------------------------------------------------------------- BB 4.4 - ------------------------------------------------------------------- B 0.2 - ------------------------------------------------------------------- NR 0.1 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
48 The Hartford International Capital Appreciation Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS CAPITAL APPRECIATION. PERFORMANCE OVERVIEW(3) 4/30/01 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
INTERNATIONAL CAP APP FUND MSCI EAFE GROWTH INDEX -------------------------- ---------------------- 4/30/01 9450 10000 8836 9601 8411 9137 8297 8915 7825 8509 6861 7706 7201 8013 7815 8425 8023 8474 7702 8017 7834 8125 8222 8477 4/02 8080 8488 8146 8512 7768 8295 7002 7411 6880 7355 6067 6716 6549 7097 7154 7306 6517 7138 6574 6785 6423 6639 6234 6575 4/03 6990 7151 7605 7527 7794 7661 8031 7762 8381 7905 8400 8174 9100 8645 9207 8848 9711 9457 10082 9642 10548 9826 10796 9837 4/04 10282 9600 10463 9583 10796 9714 10035 9320 10082 9331 10586 9563 11024 9883 11642 10567 11975 11015 11604 10762 11480 11195 11052 10925 4/05 10948 10723 11033 10764 11090 10853 11480 11184 11813 11507 12061 11993 11547 11666 11957 11888 12649 12517 13614 13289 13402 13140 13807 13655 4/06 14465 14282 13702 13692 13567 13712 13489 13777 13847 14111 13934 14034 14417 14513 15115 14938 15533 15358 15565 15483 15374 15603 15873 16129 4/07 16308 16831
--- INTERNATIONAL CAP APP FUND -- MSCI EAFE GROWTH INDEX $9,450 starting value $10,000 starting value $16,308 ending value $16,831 ending value
MSCI EAFE GROWTH INDEX is a free float-adjusted market capitalization index that is designed to measure developed market equity performance (excluding the U.S. and Canada) of the growth securities within the MSCI EAFE Index. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR 5 YEAR INCEPTION - ---------------------------------------------------------------- Int'l Cap App A# 4/30/2001 12.73% 15.07% 9.51% - ---------------------------------------------------------------- Int'l Cap App A## 4/30/2001 6.53% 13.77% 8.49% - ---------------------------------------------------------------- Int'l Cap App B# 4/30/2001 11.89% 14.24% 8.73% - ---------------------------------------------------------------- Int'l Cap App B## 4/30/2001 6.89% 14.01% 8.62% - ---------------------------------------------------------------- Int'l Cap App C# 4/30/2001 11.90% 14.22% 8.73% - ---------------------------------------------------------------- Int'l Cap App C## 4/30/2001 10.90% 14.22% 8.73% - ---------------------------------------------------------------- Int'l Cap App I# 4/30/2001 13.03% 15.13% 9.56% - ---------------------------------------------------------------- Int'l Cap App R3# 4/30/2001 12.92% 15.51% 9.95% - ---------------------------------------------------------------- Int'l Cap App R4# 4/30/2001 13.06% 15.54% 9.97% - ---------------------------------------------------------------- Int'l Cap App R5# 4/30/2001 13.13% 15.55% 9.98% - ---------------------------------------------------------------- Int'l Cap App Y# 4/30/2001 13.28% 15.58% 10.01% - ----------------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGEMENT ANDREW S. OFFIT, CPA Senior Vice President, Partner JEAN-MARC BERTEAUX Senior Vice President, Partner MATTHEW D. HUDSON, CFA Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford International Capital Appreciation Fund returned 13.11%, before sales charge, for the six-month period ended April 30, 2007, underperforming its benchmark, the MSCI EAFE Growth Index, which returned 15.97% for the same period. The Fund also underperformed the 14.93% return of the average fund in the Lipper International Multi-Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Despite a strong finish for global equity markets in 2006, helped by robust merger and acquisition activity and solid cash flows, volatility returned to global equity markets in 2007. A one day sell-off in the Chinese stock market and the weakening credit environment marked by high delinquency rates among subprime borrowers were offset by strong corporate earnings growth and merger and acquisition activity across many industries. The MSCI EAFE Growth Index modestly outperformed the MSCI EAFE Value Index by approximately 45 basis points. Within the MSCI EAFE Growth Index, all sectors had positive returns during the period, led by Industrials, Consumer Staples and Utilities. The Health Care, Financials, and Information Technology sectors lagged broader market returns. The Fund's underperformance relative (i.e. performance of the Fund as measured against the benchmark) to the MSCI EAFE Growth Index during the period resulted from the Fund's sector allocations, a fallout of bottom-up stock selection and weaker stock selection within several sectors. An underweight (i.e. the Fund's sector position was less than the benchmark position) to the outperforming Industrials sector and a large overweight (i.e. the Fund's sector position was greater than the benchmark position) to the underperforming Information Technology sector detracted from relative results. Weak stock selection in Consumer Discretionary, Consumer Staples, and Industrials was partially offset by strong stock selection within the Materials, Information Technology, and Financials sectors. Top detractors from the Fund's relative performance were Rakuten (Retailing), Vallourec (Capital Goods), and Suzuki Motor (Automobiles). Japanese e-commerce firm Rakuten stumbled after reporting a decline in profits. We maintain our position in the stock. We trimmed Vallourec, French maker of seamless tubes for the oil and gas industries, which was among our best performers for 2006. Among Japan's largest automakers, Suzuki experienced a drop in its shares after the yen reversed its decline against the dollar and a report indicated a slowdown in U.S. economic growth. We eliminated our position in the stock. 49 - -------------------------------------------------------------------------------- Nintendo (Software), Salzgitter (Materials) and Veolia (Utilities) were the top three relative contributors owned by the Fund. Video game console and software maker Nintendo successfully launched extremely popular Wii game consoles this holiday season. The company also experienced solid earnings growth from robust sales of its touch-screen DS portable game play. Shares of German steelmaker Salzgitter AG rose sharply after analyst upgrades citing strong product demand. Veolia, the world's largest water management company, provides outsourcing for clean water, waste management, and transport services. Shares benefited from an upsurge in global demand for clean water, pollution control, and energy saving resources, particularly in China. Additionally, the stock's price rose on speculation that rival Suez may be acquired. WHAT IS THE OUTLOOK? At the end of the period, our stock-by-stock investment process resulted in overweights in Consumer Discretionary, Information Technology, and Consumer Staples stocks. Within Consumer Discretionary, we are positioned towards companies with less exposure to weakening U.S. consumption. Relative to the MSCI EAFE Growth Index, our most significant underweights were in Financials, Health Care, and Materials. Our Financials exposure is centered on investment management and capital markets; we maintain an underweight to banks. DIVERSIFICATION BY COUNTRY as of April 30, 2007
PERCENTAGE OF COUNTRY NET ASSETS - ------------------------------------------------------------------- Australia 1.3% - ------------------------------------------------------------------- Austria 0.7 - ------------------------------------------------------------------- Brazil 1.4 - ------------------------------------------------------------------- Canada 6.5 - ------------------------------------------------------------------- China 2.3 - ------------------------------------------------------------------- Denmark 1.7 - ------------------------------------------------------------------- Finland 2.7 - ------------------------------------------------------------------- France 10.3 - ------------------------------------------------------------------- Germany 16.3 - ------------------------------------------------------------------- Greece 0.7 - ------------------------------------------------------------------- Hong Kong 1.3 - ------------------------------------------------------------------- Ireland 3.1 - ------------------------------------------------------------------- Japan 10.5 - ------------------------------------------------------------------- Luxembourg 0.5 - ------------------------------------------------------------------- Mexico 0.8 - ------------------------------------------------------------------- Netherlands 4.6 - ------------------------------------------------------------------- Norway 0.4 - ------------------------------------------------------------------- Russia 0.1 - ------------------------------------------------------------------- South Korea 1.6 - ------------------------------------------------------------------- Spain 0.9 - ------------------------------------------------------------------- Sweden 2.0 - ------------------------------------------------------------------- Switzerland 6.7 - ------------------------------------------------------------------- Taiwan 1.4 - ------------------------------------------------------------------- United Kingdom 17.6 - ------------------------------------------------------------------- Short-Term Investments 14.2 - ------------------------------------------------------------------- Other Assets & Liabilities -9.6 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 11.6% - ------------------------------------------------------------------- Capital Goods 7.1 - ------------------------------------------------------------------- Consumer Cyclical 17.2 - ------------------------------------------------------------------- Consumer Staples 10.2 - ------------------------------------------------------------------- Energy 1.1 - ------------------------------------------------------------------- Finance 11.8 - ------------------------------------------------------------------- Health Care 6.7 - ------------------------------------------------------------------- Services 3.3 - ------------------------------------------------------------------- Technology 19.1 - ------------------------------------------------------------------- Transportation 2.9 - ------------------------------------------------------------------- Utilities 4.4 - ------------------------------------------------------------------- Short-Term Investments 14.2 - ------------------------------------------------------------------- Other Assets & Liabilities -9.6 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
50 The Hartford International Opportunities Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS GROWTH OF CAPITAL. PERFORMANCE OVERVIEW(3) 4/30/97 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
INTERNATIONAL OPPORTUNITIES FUND MSCI AC WORLD FREE EX U.S. INDEX -------------------------------- -------------------------------- 4/30/97 9450 10000 10002 10618 10428 11204 10731 11430 10018 10531 10535 11101 9795 10155 9670 10029 9628 10144 9765 10447 10393 11144 10857 11530 4/98 11084 11612 11148 11402 11166 11359 11266 11467 9665 9850 9364 9642 9974 10651 10547 11224 10834 11611 11153 11598 10898 11338 11481 11886 4/99 11910 12480 11409 11894 11944 12441 12245 12732 12254 12777 12327 12863 12737 13342 13494 13876 15074 15199 14272 14374 15240 14762 15162 15318 4/00 14370 14463 13813 14093 14327 14693 13895 14113 14091 14288 13385 13495 12786 13066 12240 12480 12733 12906 12805 13100 11797 12063 10985 11210 4/01 11787 11972 11355 11642 11006 11195 10759 10946 10450 10674 9369 9542 9606 9809 10152 10258 10348 10390 9853 9945 9833 10017 10358 10602 4/02 10296 10629 10399 10745 9915 10281 8885 9279 8752 9280 7691 8296 8268 8742 8618 9162 8257 8866 7876 8555 7629 8381 7465 8219 4/03 8144 9011 8607 9585 8731 9850 8988 10112 9308 10414 9359 10705 9946 11399 10152 11648 10856 12537 10980 12739 11248 13062 11310 13143 4/04 10990 12734 11073 12763 11351 13052 10815 12671 10815 12773 11145 13183 11557 13642 12268 14589 12731 15215 12453 14953 12875 15691 12556 15265 4/05 12319 14888 12381 14982 12628 15264 13246 15827 13596 16232 14091 17069 13524 16448 13782 17001 14478 17819 15480 19061 15191 19006 15697 19558 4/06 16554 20567 15820 19619 15769 19599 15831 19799 16234 20361 16068 20374 16668 21203 17290 21973 17903 22658 18127 22743 17956 22882 18361 23526 4/07 19074 24617
--- INTERNATIONAL OPPORTUNITIES FUND --- MSCI AC WORLD FREE EX U.S. INDEX $9,450 starting value $10,000 starting value $19,074 ending value $24,617 ending value
MSCI AC WORLD FREE EX U.S. INDEX is a broad based, unmanaged, market capitalization weighted, total return index that measures the performance of both developed and emerging stock markets, excluding the U.S. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION 1 5 10 SINCE DATE YEAR YEAR YEAR INCEPTION - -------------------------------------------------------------------- Int'l Opp A# 7/22/1996 15.22% 13.12% 7.27% 7.41% - -------------------------------------------------------------------- Int'l Opp A## 7/22/1996 8.89% 11.85% 6.67% 6.85% - -------------------------------------------------------------------- Int'l Opp B# 7/22/1996 14.58% 12.33% NA* NA* - -------------------------------------------------------------------- Int'l Opp B## 7/22/1996 9.58% 12.08% NA* NA* - -------------------------------------------------------------------- Int'l Opp C# 7/22/1996 14.42% 12.26% 6.47% 6.61% - -------------------------------------------------------------------- Int'l Opp C## 7/22/1996 13.42% 12.26% 6.47% 6.61% - -------------------------------------------------------------------- Int'l Opp R3# 7/22/1996 15.57% 13.60% 7.74% 7.88% - -------------------------------------------------------------------- Int'l Opp R4# 7/22/1996 15.70% 13.63% 7.75% 7.89% - -------------------------------------------------------------------- Int'l Opp R5# 7/22/1996 15.82% 13.65% 7.76% 7.90% - -------------------------------------------------------------------- Int'l Opp Y# 7/22/1996 15.95% 13.68% 7.77% 7.91% - --------------------------------------------------------------------
# Without sales charge ## With sales charge NA Not Applicable * 10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class C shares commenced operations on 7/31/98. Performance prior to 7/31/98 reflects Class B performance less Class C sales charges where applicable. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGEMENT NICOLAS M. CHOUMENKOVITCH Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford International Opportunities Fund returned 14.44%, before sales charge, for the six-month period ended April 30, 2007, underperforming its benchmark, the MSCI AC World Free ex U.S. Index, which returned 16.10% for the same period. However, the Fund outperformed the 13.91% return of the average fund in the Lipper International Large Cap Core Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? International equity markets rose strongly during the period. Every sector in the MSCI AC World Free ex U.S. Index rose, led by Industrials (+26%), Materials (+24%), and Utilities (+23%). Health Care (+8%), Energy (+8%), and Information Technology (+9%) put up strong returns but trailed the broader market. From a regional perspective Emerging Markets (+20%), Asian (+24%), and European (+19%) stocks performed particularly well, while Japan (+5%) and North America (+12%) lagged. The Fund's underperformance was due to sector allocation. Overweight (i.e. the Fund's sector position was greater than the benchmark position) allocations to lagging Information Technology and Consumer Discretionary stocks, and underweights (i.e. the Fund's sector position was less than the benchmark position) to surging Materials and Utilities stocks, detracted from relative (i.e. performance of the Fund as measured against the benchmark) results. Stock selection was weak in Information Technology, Health Care, and Telecommunication Services. Stocks that had the greatest negative impact on relative returns during the period included SOITEC (Information Technology), Nortel (Information Technology), and Mitsubishi UFJ Financial Group (Financials). Semiconductor company SOITEC saw its shares fall on worries about the near-term outlook of its major customer Advanced Micro Devices (AMD) as well as slower-than-expected market demand for microprocessors. We remain confident in the longer-term prospects of the company's specialty silicon wafer technology and retain our position. Shares of Canadian phone equipment manufacturer Nortel tumbled on news that it would have to delay the filing of its 2006 annual report and restate prior years' financial results. We believe that Nortel's new management team will be successful in achieving significant cost cuts and driving profitability higher. We also expect Nortel to benefit from an improving pricing environment and expected increases in capital expenditures for wireline equipment. Shares of Mitsubishi UFJ Financial Group 51 - -------------------------------------------------------------------------------- traded lower when its consumer lending unit announced that its losses were greater than previously forecast. Stock selection overall was positive for the period, led by contributions from the Industrials, Materials, and Consumer Discretionary sectors. Brazilian mining company Cia Vale do Rio Doce's (CVRD) shares rose as strong markets for iron ore and nickel supported higher earnings and guidance, while results from recently acquired nickel miner Inco are exceeding expectations. We anticipate better-than-expected volume growth and cost cutting initiatives to benefit the stock's valuation. European discount airline Ryan Air guided investors to higher than expected profitability metrics, pushing its shares higher. German exchange Deutsche Boerse, operator of the Frankfurt exchange and the electronic trading exchange Xetra, saw its shares increase on expectations of continued robust trading volumes and the likelihood of continued merger and acquisition activity within global exchanges. WHAT IS THE OUTLOOK? The economic concerns that we expected from the U.S. housing slowdown are finally making their way through the equity market. Given our central premise that global growth outside the U.S. will surprise, we are taking advantage of the volatility to either add to our positions or to begin new ones in companies that the market has over-penalized. Specifically, we are adding to Germany where we still find compelling restructuring themes, and China where the most appealing long term growth stories have not been fully appreciated. We will also be looking for opportunities in France where the results of the Presidential election could trigger the next wave of restructuring. We will be more selective in the Emerging Markets given their strong performance. However, we will continue to emphasize either natural monopolies or underappreciated growth opportunities that often exist in these more inefficient markets. Finally, we will be looking for individual stock ideas in Japan given that we remain concerned with the country's long-term structural problem. From a sector perspective, we have become more interested in the automobile and semiconductor industries given that the market has not discounted the possibility for positive surprises. Valuations in these industries remain compelling, especially when compared to other cyclical sectors found in the Industrials sectors. Consumer Discretionary, Information Technology and Consumer Staples remained our largest overweight positions at the end of the period while the Fund was most underweight in Financials, Telecommunication Services, and Materials. DIVERSIFICATION BY COUNTRY as of April 30, 2007
PERCENTAGE OF COUNTRY NET ASSETS - ------------------------------------------------------------------- Belgium 0.5% - ------------------------------------------------------------------- Brazil 2.8 - ------------------------------------------------------------------- Canada 8.7 - ------------------------------------------------------------------- China 3.0 - ------------------------------------------------------------------- Egypt 1.5 - ------------------------------------------------------------------- Finland 1.4 - ------------------------------------------------------------------- France 10.0 - ------------------------------------------------------------------- Germany 10.3 - ------------------------------------------------------------------- Greece 0.5 - ------------------------------------------------------------------- Hong Kong 6.1 - ------------------------------------------------------------------- Ireland 1.3 - ------------------------------------------------------------------- Italy 6.3 - ------------------------------------------------------------------- Japan 13.7 - ------------------------------------------------------------------- Luxembourg 1.0 - ------------------------------------------------------------------- Mexico 1.0 - ------------------------------------------------------------------- Netherlands 7.9 - ------------------------------------------------------------------- Russia 4.0 - ------------------------------------------------------------------- Singapore 0.5 - ------------------------------------------------------------------- South Africa 1.2 - ------------------------------------------------------------------- Sweden 1.0 - ------------------------------------------------------------------- Switzerland 6.2 - ------------------------------------------------------------------- Turkey 0.4 - ------------------------------------------------------------------- United Kingdom 9.2 - ------------------------------------------------------------------- Short-Term Investments 26.5 - ------------------------------------------------------------------- Other Assets & Liabilities -25.0 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 10.4% - ------------------------------------------------------------------- Capital Goods 2.9 - ------------------------------------------------------------------- Consumer Cyclical 11.2 - ------------------------------------------------------------------- Consumer Staples 9.0 - ------------------------------------------------------------------- Energy 6.8 - ------------------------------------------------------------------- Finance 24.6 - ------------------------------------------------------------------- Health Care 3.3 - ------------------------------------------------------------------- Services 2.8 - ------------------------------------------------------------------- Technology 20.1 - ------------------------------------------------------------------- Transportation 5.3 - ------------------------------------------------------------------- Utilities 2.1 - ------------------------------------------------------------------- Short-Term Investments 26.5 - ------------------------------------------------------------------- Other Assets & Liabilities -25.0 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
52 The Hartford International Small Company Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS CAPITAL APPRECIATION. PERFORMANCE OVERVIEW(2) 4/30/01 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
S&P/CITIGROUP EURO-PACIFIC EXTENDED INTERNATIONAL SMALL CO FUND MARKET INDEX --------------------------- ----------------------------------- 4/30/01 9450 10000 9781 10051 9204 9730 9044 9365 9044 9388 7825 8233 8335 8554 8902 8875 8713 8758 8581 8585 8562 8792 8968 9305 4/02 9346 9565 9620 9980 9507 9671 8921 9000 8713 8917 7834 8188 7910 8117 8155 8408 8331 8345 8142 8223 8123 8207 8094 8157 4/03 9098 8834 9827 9576 9959 10030 10357 10357 10868 11015 11569 11642 12241 12443 12322 12432 12884 13194 13209 13691 13554 14117 14021 14484 4/04 13757 14113 13453 14116 13848 14613 13108 14028 12996 14139 13179 14562 13635 15016 14383 16191 14973 16992 15337 17232 15746 18014 15292 17637 4/05 14803 17128 14917 17210 15292 17537 15905 18172 16223 18693 16632 19398 16212 18832 16536 19517 17669 20747 18977 22263 18938 22281 19715 23268 4/06 20699 24427 19793 23296 19469 23016 19598 22832 20155 23586 20427 23916 20971 24896 21888 26067 22632 27057 22960 27382 23139 27765 23944 28848 4/07 24734 30146
--- INTERNATIONAL SMALL CO FUND --- S&P/CITIGROUP EURO-PACIFIC $9,450 starting value EXTENDED MARKET INDEX $24,734 ending value $10,000 starting value $30,146 ending value
S&P/CITIGROUP EURO-PACIFIC EXTENDED MARKET INDEX is a global equity index comprised of the smallest 20% of each country's market capitalization in the Broad Market Index. All developed countries are included except the US and Canada. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR 5 YEAR INCEPTION - ---------------------------------------------------------------- Int'l Small Co A# 4/30/2001 19.50% 21.48% 17.39% - ---------------------------------------------------------------- Int'l Small Co A## 4/30/2001 12.93% 20.11% 16.29% - ---------------------------------------------------------------- Int'l Small Co B# 4/30/2001 18.74% 20.74% 16.71% - ---------------------------------------------------------------- Int'l Small Co B## 4/30/2001 13.74% 20.55% 16.63% - ---------------------------------------------------------------- Int'l Small Co C# 4/30/2001 18.65% 20.59% 16.53% - ---------------------------------------------------------------- Int'l Small Co C## 4/30/2001 17.65% 20.59% 16.53% - ---------------------------------------------------------------- Int'l Small Co Y# 4/30/2001 20.04% 22.01% 17.89% - ----------------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (2) Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. PORTFOLIO MANAGER SIMON H. THOMAS Vice President DANIEL MAGUIRE, CFA Assistant Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford International Small Company Fund returned 17.95%, before sales charge, for the six-month period ended April 30, 2007, underperforming its benchmark, the S&P/Citigroup Euro-Pacific Extended Market Index, which returned 21.09% for the same period. The Fund also underperformed the 19.05% return of the average fund in the Lipper International Small/Mid Cap Core peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? International small cap equity markets advanced markedly during the period. The benchmark rose in each of the six months, and every sector posted positive results. Industrials (+29%) led, followed by Health Care (+23%), Utilities (+22%), and Materials (+22%). Even the laggards posted strong absolute (i.e. total return) results as the bottom three sectors -- Technology (+16%), Consumer Discretionary (+18%) and Consumer Staples (+19%) -- showed double digit positive performance. Stock appreciation was equally broad-based from a regional perspective. Emerging Markets (+33%) led, followed by Australia/New Zealand (+30%) and Europe ex-UK (+28%). Japan (+3%), North America (+19%), and the U.K. (+20%) lagged. While absolute results were strong, the Fund underperformed during the period due to stock selection, largely within the Information Technology sector. More broadly, relative (i.e. performance of the Fund as measured against the benchmark) returns were negatively impacted by strong returns among some of the larger capitalization names in the benchmark (those with market caps above $10 billion). In addition, the Fund's underweight in stocks above $10 billion in market capitalization relative to its benchmark hurt relative performance. Our disciplined process also emphasizes holding quality stocks trading at attractive valuations. As a result, we will not buy into momentum-driven markets where there is little valuation support. In the recent environment this has been detrimental to relative returns as certain sectors within select markets (e.g., environmental themes, no matter how tenuous, and Chinese consumer stocks) have experienced significant valuation expansion. At the stock level, negative relative and absolute contributors included SOITEC, OBIC Business Consultants, Union Tool, and Centennial Coal. SOITEC, a French licensor of technology used to manufacture micro semiconductors, declined on concerns that weak Playstation 3 console sales at its customer Sony could hurt revenues. We believe the company's long-term growth potential remains strong and we added to our position on weakness. Shares of OBIC Business Consultants, a Japanese provider of pre-packaged accounting software to small- and mid-size companies, fell on lower operating profit due to higher near-term expenses. Sales have risen steadily since, with the release of a Vista-compatible version of their software. We believe long-term fundamentals remain strong, as the company is well leveraged to the trend of increased reporting requirements in Japan. We added to our position on weakness. 53 - -------------------------------------------------------------------------------- Shares in Industrials company Union Tool, a Japanese supplier of micro-thin drill bits, fell as sales and earnings came in below analyst expectations. In the Energy sector, stock in Australian coal mining and production company Centennial Coal fell when the company dropped plans to sell some of its mines and announced that earnings would fall short of estimates. We believe the company has a long term opportunity to grow assets and monetize (i.e. sell some of the firm's operations to other companies for cash, or spin them out to shareholders as separate entities) non-core operations. Selection in the Industrials and Consumer Discretionary sectors provided positive results during the period. The top contributor to absolute and relative returns, however, was a Health Care stock: Danish biotechnology company Genmab, which specializes in human antibody products, saw its shares rise when the market reacted positively to its partnership agreement with GlaxoSmithKline. We took some profits but continue to hold a position. Other top contributors to relative and absolute performance included Japan Steelworks, Hellenic Technodomik, and Salzgitter. Japan Steel Works has a dominant market share in a key component of nuclear and conventional power plants and benefited from strong demand for highly profitable energy-related components. Hellenic Technodomik, Greece's largest construction company, won a major contract award from Greece's Ministry of Public Works to build and operate a new highway. We continue to hold both stocks. In Materials, German steel products and services company Salzgitter experienced rising demand for rolled steel and tube products, which helped propel revenues, profits, and the company's shares higher. It also sold its shares in French steel company Vallourec at a sizable gain. Salzgitter is leveraged to a recovering German economy and it has substantial cash for accretive acquisitions (i.e. an acquisition that is expected to increase earnings per share) or to return to shareholders. We sold some shares into strength but continue to hold a reduced position. WHAT IS THE OUTLOOK? Stock selection for the Fund is performed one at a time based on a stock's individual merits. During the period we increased our weight in Financials as we added to Japanese regional banks (Higo Bank) after several company visits, where we discovered a number of under-researched stocks with the potential for significant upside. We also initiated a position in Turkey's only listed Islamic bank (Asya Katilim Bankasia) after a company visit confirmed the strength of the bank's franchise and growth potential. In Industrials we increased our overweight (i.e. the Fund's sector position was greater than the benchmark position) position in niche leaders (purchases of NTN for auto parts, Lupatech for oil services/pipes), while reducing exposure to Materials (sales of chemicals companies EMS-Chemie and Arkema), where we took profits in several European holdings, and will be looking to add back on a pullback. Finally, we reduced exposure in Information Technology, eliminating Logitech and cutting weight in Disco as the stocks appeared fully valued. Based on these bottom-up decisions, we finished the period overweight Industrials, Health Care, and Energy. Our largest underweights (i.e. the Fund's sector position was less than the benchmark position) were in the Consumer Discretionary, Utilities, and Materials sectors. Our greatest regional underweight position was in Europe, mostly due to less than benchmark exposures to the U.K., Spain, Switzerland, and France, as the valuation/growth tradeoff appears least attractive in these areas. This was offset by overweight positions in select Emerging Markets and Japan. DIVERSIFICATION BY COUNTRY as of April 30, 2007
PERCENTAGE OF COUNTRY NET ASSETS - ------------------------------------------------------------------- Australia 7.9% - ------------------------------------------------------------------- Belgium 2.6 - ------------------------------------------------------------------- Bermuda 0.5 - ------------------------------------------------------------------- Brazil 2.1 - ------------------------------------------------------------------- Canada 0.3 - ------------------------------------------------------------------- China 0.5 - ------------------------------------------------------------------- Denmark 2.7 - ------------------------------------------------------------------- Finland 1.4 - ------------------------------------------------------------------- France 7.2 - ------------------------------------------------------------------- Germany 8.7 - ------------------------------------------------------------------- Greece 1.1 - ------------------------------------------------------------------- Hong Kong 3.8 - ------------------------------------------------------------------- Ireland 0.7 - ------------------------------------------------------------------- Italy 5.0 - ------------------------------------------------------------------- Japan 22.0 - ------------------------------------------------------------------- Liechtenstein 1.1 - ------------------------------------------------------------------- Malaysia 0.5 - ------------------------------------------------------------------- Mexico 0.5 - ------------------------------------------------------------------- Netherlands 3.1 - ------------------------------------------------------------------- Norway 0.5 - ------------------------------------------------------------------- Portugal 0.7 - ------------------------------------------------------------------- Singapore 0.5 - ------------------------------------------------------------------- South Korea 2.8 - ------------------------------------------------------------------- Spain 1.0 - ------------------------------------------------------------------- Sweden 3.1 - ------------------------------------------------------------------- Switzerland 2.4 - ------------------------------------------------------------------- Turkey 0.8 - ------------------------------------------------------------------- United Kingdom 12.7 - ------------------------------------------------------------------- Short-Term Investments 29.4 - ------------------------------------------------------------------- Other Assets & Liabilities -25.6 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 14.7% - ------------------------------------------------------------------- Capital Goods 7.7 - ------------------------------------------------------------------- Consumer Cyclical 12.8 - ------------------------------------------------------------------- Consumer Staples 2.1 - ------------------------------------------------------------------- Energy 3.1 - ------------------------------------------------------------------- Finance 22.2 - ------------------------------------------------------------------- Health Care 11.4 - ------------------------------------------------------------------- Services 7.5 - ------------------------------------------------------------------- Technology 9.2 - ------------------------------------------------------------------- Transportation 4.2 - ------------------------------------------------------------------- Utilities 1.3 - ------------------------------------------------------------------- Short-Term Investments 29.4 - ------------------------------------------------------------------- Other Assets & Liabilities -25.6 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
54 The Hartford LargeCap Growth Fund (subadvised by Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS LONG-TERM GROWTH OF CAPITAL. PERFORMANCE OVERVIEW(2) 11/30/06 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
S&P/CITIGROUP EURO-PACIFIC EXTENDED INTERNATIONAL SMALL CO FUND MARKET INDEX --------------------------- ----------------------------------- 11/30/06 9450 10000 12/06 9500 10034 1/07 9765 10292 2/07 9566 10098 3/07 9595 10153 4/07 9945 10631
--- LARGECAP GROWTH FUND --- RUSSELL 1000 GROWTH INDEX $9,450 starting value $10,000 starting value $9,945 ending value $10,631 ending value
RUSSELL 1000 GROWTH INDEX is an unmanaged index that measures the performance of those Russell 1000 Index companies with higher price-to-book ratios and higher forecasted growth values. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE INCEPTION - ------------------------------------------------ LargeCap Growth A# 11/30/2006 5.23% - ------------------------------------------------ LargeCap Growth A## 11/30/2006 -0.55% - ------------------------------------------------ LargeCap Growth B# 11/30/2006 4.97% - ------------------------------------------------ LargeCap Growth B## 11/30/2006 -0.03% - ------------------------------------------------ LargeCap Growth C# 11/30/2006 4.97% - ------------------------------------------------ LargeCap Growth C## 11/30/2006 3.97% - ------------------------------------------------ LargeCap Growth Y# 11/30/2006 5.47% - ------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (2) Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGER HUGH WHELAN Executive Vice President - -------------------------------------------------------------------------------- WHAT DID THE MARKET DO AND HOW DID THE FUND PERFORM? The Class A shares of The Hartford LargeCap Growth Fund returned 5.23%, before sales charge, for the 5 month period ended April 30, 2007, versus 6.31% for its benchmark, the Russell 1000 Growth Index, and the 5.05% average return of the Lipper Large-Cap Growth Funds category, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Since inception on 11/30/2006, the Fund's underperformance was driven primarily by weak security selection in the industrials and financials sectors coupled with an overweight (i.e. the Fund's sector position was greater than the benchmark position) in the Consumer Discretionary sector. However, the Fund did benefit from strong security selection in the healthcare sector, including an overweight to Humana Inc. Among the other positive contributors to relative (i.e. performance of the Fund as measured against the benchmark) returns were positions in MEMC Electronic Materials, Inc. and Cummins, Inc. MEMC rose after the company increased its guidance for the fiscal year during January. Cummins also raised its guidance after it posted strong results. Among the largest detractors to relative returns were overweights to US Airways and First Marblehead Corporation. US Airways fell when it met consensus estimates, but warned that increased competition would flatten revenue growth and not allow the airline to pass on increased fuel costs to its passengers in the future. First Marblehead fell on fears of increased competition from Sallie Mae which agreed to be bought by a group of private equity investors. WHAT IS THE OUTLOOK? The near-term environment for stocks looks challenging. Economic and profit growth are slowing, and at the same time, labor costs are rising and inflation continues to worry the Federal Open Market Committee. Our investment team seeks companies that we believe have compelling stock characteristics versus the Russell 1000 Growth Index. Our systematic approach weighs 70 fundamental characteristics across four broad categories, including business behavior, management behavior, valuation and investor behavior. This analysis is used to build a broadly diversified portfolio of companies, with sector weightings determined largely by the attractiveness of specific stocks within the Fund's investment 55 - -------------------------------------------------------------------------------- universe. The Fund currently has lower price-earnings and price-cash flow ratios, stronger earnings growth, and lower leverage versus the Russell 1000 Growth Index. We believe this approach will yield attractive risk-adjusted returns relative to the Index over the long term. The Fund's current top holdings include Cisco Systems, Inc. and Humana Inc. Cisco is a top holding primarily due to a combination of strong management behavior as exhibited by efficient working capital management, attractive valuations due to superior free cash flow yields, and good business performance represented by strong profit margins. Humana is a top holding primarily because of the combination of strong management behavior as exhibited by efficient working capital management, and attractive valuations, especially free cash flow yields. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 1.7% - ------------------------------------------------------------------- Capital Goods 6.8 - ------------------------------------------------------------------- Consumer Cyclical 16.1 - ------------------------------------------------------------------- Consumer Staples 5.3 - ------------------------------------------------------------------- Energy 2.3 - ------------------------------------------------------------------- Finance 14.2 - ------------------------------------------------------------------- Health Care 15.0 - ------------------------------------------------------------------- Services 7.6 - ------------------------------------------------------------------- Technology 26.3 - ------------------------------------------------------------------- Transportation 2.1 - ------------------------------------------------------------------- Utilities 1.3 - ------------------------------------------------------------------- Short-Term Investments 0.9 - ------------------------------------------------------------------- Other Assets & Liabilities 0.4 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
56 The Hartford MidCap Fund** (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS LONG-TERM GROWTH OF CAPITAL. PERFORMANCE OVERVIEW(3) 12/31/97 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
MIDCAP FUND S & P MIDCAP 400 INDEX ----------- ---------------------- 12/30/97 9450 10000 9441 10074 9138 9883 9970 10701 10442 11184 4/98 10669 11388 10291 10876 10849 10944 10669 10520 8581 8562 9110 9361 9866 10197 10480 10706 11624 12000 11907 11533 11378 10929 12342 11234 4/99 13277 12120 13438 12173 14358 12825 13951 12552 13753 12122 13450 11748 14235 12346 14991 12994 17455 13766 17406 13379 20126 14315 21353 15513 4/00 20077 14972 19026 14785 20929 15002 21102 15239 23347 16940 23053 16824 22778 16254 20236 15027 21795 16177 22106 16537 20838 15593 19079 14434 4/01 20871 16026 21216 16399 21138 16333 20681 16090 19701 15563 17350 13628 18464 14230 19968 15289 20782 16079 20403 15995 20525 16015 21662 17160 4/02 21383 17080 21495 16791 20146 15562 18040 14054 17951 14126 16425 12988 17272 13550 18843 14334 17662 13745 17416 13344 17260 13026 17394 13136 4/03 18809 14089 20369 15257 20492 15451 20670 16000 21617 16726 21160 16469 22932 17715 23356 18332 23991 18641 24537 19045 24760 19503 24626 19585 4/04 23946 18943 24269 19335 24838 19776 23623 18853 23579 18803 24671 19360 25194 19670 26724 20841 27816 21714 27304 21160 27975 21870 27566 21628 4/05 26621 20787 28146 22039 29158 22550 30398 23734 29909 23470 30421 23650 29943 23142 31887 24273 32335 24440 34129 25881 34197 25664 34822 26304 4/06 35285 26675 33804 25471 33328 25477 32472 24751 33084 25034 33301 25202 34387 26250 35808 27094 35905 26962 37338 27942 37274 28147 37693 28526 4/07 39577 29393
--- MIDCAP FUND --- S&P MIDCAP 400 INDEX $9,450 starting value $10,000 starting value $39,577 ending value $29,393 ending value
S&P MIDCAP 400 INDEX is an unmanaged index measuring the performance of the mid-size company segment of the U.S. market. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR 5 YEAR INCEPTION - ------------------------------------------------------------- MidCap A# 12/31/1997 12.17% 13.10% 16.60% - ------------------------------------------------------------- MidCap A## 12/31/1997 6.00% 11.82% 15.89% - ------------------------------------------------------------- MidCap B# 12/31/1997 11.32% 12.26% NA* - ------------------------------------------------------------- MidCap B## 12/31/1997 6.70% 12.01% NA* - ------------------------------------------------------------- MidCap C# 12/31/1997 11.40% 12.35% 15.82% - ------------------------------------------------------------- MidCap C## 12/31/1997 10.48% 12.35% 15.82% - ------------------------------------------------------------- MidCap Y# 12/31/1997 12.66% 13.66% 17.15% - -------------------------------------------------------------
# Without sales charge ## With sales charge NA Not Applicable * Inception returns are not applicable for Classes B because after 8 years Class B converts to Class A. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. ** The Hartford MidCap Fund was closed to new investors as of the end of the day July 31, 2003. Investors who already own shares of the Fund, and those with access to the Fund through wrap programs in connection with certain investment platforms, may purchase additional shares thereafter. The Fund will continue to offer and sell shares: (1) through ACH and other similar systematic investment facilities to investors who established plans to invest through such facilities prior to August 16, 2004, (2) for reinvestment of capital gains distributions and income dividends, and (3) to certain qualified retirement plans that include (or offered) the Fund as an investment option prior to August 16, 2004. The Fund continues to pay 12b-1 fees. These fees are paid for ongoing shareholder services, to compensate brokers for past sales to reimburse the Fund's distributor for commissions paid in connection with past sales. (1) Class C shares commenced operations on 7/31/98. Performance prior to 7/31/98 reflects Class B performance less Class C sales charges where applicable. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGER PHILLIP H. PERELMUTER Senior Vice President, Partner - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford MidCap Fund returned 15.09%, before sales charge, for the six-month period ended April 30, 2007, outperforming its benchmark, the S&P MidCap 400 Index, which returned 11.98% for the same period. The Fund also outperformed the 11.95% return of the average fund in the Lipper Mid-Cap Core Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Robust merger and acquisition activity and a better-than-expected retail environment helped equity markets end 2006 on a strong note. U.S. equity markets continued to rise early in 2007 as solid corporate earnings and continued merger and acquisition activity offset concerns of a weakening housing and credit environment. For the six months ended April 30, 2007, mid cap stocks led large cap and small cap stocks as measured by the S&P MidCap 400, S&P 500, and Russell 2000 Indices. During the period all of the S&P MidCap 400 Index sectors showed positive performance. Materials (+25%), Consumer Staples (+19%), and Energy (+18%) were among the best performers, while Financials (+5%), Health Care (+7%), and Consumer Discretionary (+11%) rose the least. The Fund outperformed its benchmark due to broad-based positive stock selection, led by favorable results in the Consumer Discretionary, Utilities, and Industrials sectors. On both a relative (i.e. performance of the Fund as measured against the benchmark) and absolute (i.e. total return) basis, NRG Energy (Utilities), Supervalu (Food & Staples), and Foster Wheeler (Capital Goods) were the top contributors to the Fund's performance during the period. Shares of Texas-based wholesale power generation company NRG moved higher in hopes of further merger and acquisition activity following the announced leveraged buyout for Texas utility firm TXU. The third largest U.S. food retailer Supervalu saw its shares gain on better-than-expected results due in part to its acquisition of Albertson's stores. The operating environment for 57 - -------------------------------------------------------------------------------- supermarkets is more favorable than in recent years with improved capital allocation, reduced capacity and more competitive pricing relative to other formats. Shares in engineering and construction company Foster Wheeler benefited from strong spending cycles in global infrastructure and power generation. The Fund experienced weaker selection in the Materials and Telecommunications Services sectors. Allocation among sectors had a modest negative impact, largely due to an underweight (i.e. the Fund's sector position was less than the benchmark position) to surging Materials stocks. On both a relative and absolute basis, Barr Pharmaceuticals (Pharmaceuticals) and MoneyGram International (Software & Services) were the largest detractors from performance. Shares of generic drug maker Barr Pharmaceuticals stumbled due to concerns about its acquisition of Croatian drugmaker Pliva. Shares of global payment services firm MoneyGram International declined due to concerns surrounding immigration reform and investments in new geographic markets. We maintained our position based on attractive market dynamics and the global opportunity for money transfer services. Additionally, our holding in staffing firm Robert Half International (Commercial Services), which faced concerns of a slowing economy and weakness in its audit and compliance division, detracted from benchmark-relative results. Not owning strong performer Martin Marietta (Materials) also hurt relative results. Among stocks also detracting from absolute performance was biotechnology stock Vertex Pharmaceuticals, whose share price slid on concerns over when its hepatitis C drug will go to the market. WHAT IS THE OUTLOOK? Our investment approach is predominantly a "bottom-up" process; we pick one stock at a time based upon the attractiveness of each company's valuation and fundamentals. At the end of the period the largest overweight (i.e. the Fund's sector position was greater than the benchmark position) allocations were to the Industrials, Health Care, and Consumer Staples sectors. The Fund retains an overweight to Industrials, where our exposure favors commercial services companies. The Fund's weight in Health Care rose with new purchases of health care equipment and services companies. We remain underweight Utilities, Materials, and Financials. Within Financials we have favored diversified financials stocks, and we remain underweight both Banks and Real Estate. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 7.0% - ------------------------------------------------------------------- Capital Goods 4.0 - ------------------------------------------------------------------- Consumer Cyclical 19.2 - ------------------------------------------------------------------- Consumer Staples 1.9 - ------------------------------------------------------------------- Energy 4.9 - ------------------------------------------------------------------- Finance 13.6 - ------------------------------------------------------------------- Health Care 11.5 - ------------------------------------------------------------------- Services 19.2 - ------------------------------------------------------------------- Technology 12.2 - ------------------------------------------------------------------- Transportation 2.5 - ------------------------------------------------------------------- Utilities 4.2 - ------------------------------------------------------------------- Short-Term Investments 18.2 - ------------------------------------------------------------------- Other Assets & Liabilities -18.4 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
58 The Hartford MidCap Growth Fund* (subadvised by Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS LONG-TERM GROWTH OF CAPITAL. PERFORMANCE OVERVIEW(2) 7/31/06 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
MIDCAP GROWTH FUND RUSSELL MIDCAP GROWTH INDEX ------------------ --------------------------- 7/31/06 9450 10000 8/06 9658 10230 9/06 9677 10464 10/06 10045 10866 11/06 10717 11292 12/06 10814 11191 1/07 11206 11598 2/07 11340 11573 3/07 11693 11634 4/07 11999 12145
--- MIDCAP GROWTH FUND --- RUSSELL MIDCAP GROWTH INDEX $9,450 starting value $10,000 starting value $11,999 ending value $12,145 ending value
RUSSELL MIDCAP GROWTH INDEX measures the performance of those Russell MidCap companies with higher price-to-book ratios and higher forecasted growth values. The stocks are members of the Russell 1000 Growth Index. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE INCEPTION - --------------------------------------------- MidCap Growth A# 7/31/2006 26.97% - --------------------------------------------- MidCap Growth A## 7/31/2006 19.99% - --------------------------------------------- MidCap Growth B# 7/31/2006 26.14% - --------------------------------------------- MidCap Growth B## 7/31/2006 21.14% - --------------------------------------------- MidCap Growth C# 7/31/2006 26.13% - --------------------------------------------- MidCap Growth C## 7/31/2006 25.13% - --------------------------------------------- MidCap Growth Y# 7/31/2006 27.26% - ---------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. * As of April 23, 2007, The Hartford MidCap Growth Fund no longer offers its shares to new investors or existing shareholders, including through ACH and other similar systematic investment facilities, except in connection with the reinvestment of capital gains distributions and income dividends. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (2) Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGER HUGH WHELAN Executive Vice President Part of the performance of the Fund is due to purchases of securities sold in Initial Public Offerings ("IPOs") that materially affected the performance of the Fund. The effect of IPOs on the Fund's performance depends on a variety of factors including the number of IPOs that the Fund invests in, whether and to what extent a security purchased in an IPO appreciates in value, and the asset base of the Fund. Although the fund may purchase IPOs, not all such purchases may materially affect performance. There is no guarantee that the Fund's investments in IPOs, if any, will continue to have a similar impact on the Fund's performance. - -------------------------------------------------------------------------------- WHAT DID THE MARKET DO AND HOW DID THE FUND PERFORM? The Class A shares of The Hartford MidCap Growth Fund returned 19.45%, before sales charge, for the six month period ended April 30, 2007, versus 11.77% for its benchmark, the Russell MidCap Growth Index, and the 11.38% average return of the Lipper Mid-Cap Growth Funds category, a group of funds with investment strategies similar to those of the Fund. Effective April 2, 2007, Hugh Whelan assumed the portfolio management responsibilities of the Fund. As a result, the Fund is now managed in a quantitative investment approach compared to the prior bottom-up stock selection approach. WHY DID THE FUND PERFORM THIS WAY? The Fund benefited from strong security selection in information technology, industrials, and consumer discretionary sectors offset by weak selection in the financials sector. Among the largest contributors to relative returns were overweights in First Solar Inc. and Orient Express Hotels Ltd. First Solar posted very strong first quarter results for both top line growth (revenue) and bottom line growth (net income). Orient Express's price surged as the company received inquiries from several investors looking to acquire the company. Among the largest detractors to relative (i.e. performance of the Fund as measured against the benchmark) returns were an overweight in Rackable Systems, Inc. and Human Genome Sciences, Inc. Rackable Systems stock tumbled after the company continued to lower guidance and then missed its lower estimate. Human Genome Sciences price fell as the company continued to reiterate guidance for fiscal year 2006. WHAT IS YOUR OUTLOOK? The near-term environment for stocks looks challenging. Economic and profit growth are slowing, and at the same time, labor costs are rising and inflation continues to worry the Federal Open Market Committee ("The Fed"). Our investment team seeks companies that we believe have compelling stock characteristics versus the Russell MidCap Growth Index. Our systematic approach weighs 30 fundamental 59 - -------------------------------------------------------------------------------- characteristics across four broad categories, including business behavior, management behavior, valuation and investor behavior. This analysis is used to build a broadly diversified portfolio of companies, with sector weightings determined largely by the attractiveness of specific stocks within the Fund's investment universe. The Fund's current top holdings include overweights to WellCare Group, Inc. and Humana Inc. WellCare is a top holding primarily due to a combination of strong management behavior as exhibited by efficient working capital management, and investor behavior. Humana is a top holding primarily because of their combination of strong management behavior as exhibited by efficient working capital management, and attractive valuations, especially free cash flow yields. The Fund currently has lower price-earnings and price-cash flow ratios, higher operating and net margins, and lower leverage versus the Russell MidCap Growth Index. We believe this approach will yield attractive risk-adjusted returns relative to the Index over the long term. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 7.7% - ------------------------------------------------------------------- Capital Goods 4.2 - ------------------------------------------------------------------- Consumer Cyclical 16.5 - ------------------------------------------------------------------- Consumer Staples 3.4 - ------------------------------------------------------------------- Energy 7.0 - ------------------------------------------------------------------- Finance 14.9 - ------------------------------------------------------------------- Health Care 8.1 - ------------------------------------------------------------------- Services 13.1 - ------------------------------------------------------------------- Technology 20.5 - ------------------------------------------------------------------- Transportation 1.4 - ------------------------------------------------------------------- Utilities 2.1 - ------------------------------------------------------------------- Short-Term Investments 0.7 - ------------------------------------------------------------------- Other Assets & Liabilities 0.4 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
60 The Hartford MidCap Value Fund* (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS LONG-TERM CAPITAL APPRECIATION. PERFORMANCE OVERVIEW(2) 4/30/01 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
MIDCAP VALUE FUND RUSSELL 2500 VALUE INDEX ----------------- ------------------------ 4/30/01 9450 10000 9507 10307 9535 10406 9374 10337 9091 10248 7815 9111 8014 9306 8685 10022 9384 10593 9422 10690 9592 10823 10121 11493 4/02 10121 11690 9941 11498 9412 11092 8429 9809 8420 9862 7522 9055 7881 9184 8524 9854 8118 9546 7938 9258 7758 9030 7711 9091 4/03 8429 9915 9214 10832 9318 11026 9630 11505 10074 11968 10026 11883 10697 12791 11075 13313 11567 13836 11746 14284 11992 14574 11964 14690 4/04 11538 13921 11756 14201 12228 14765 11699 14171 11501 14349 11916 14802 12181 15070 12865 16302 13365 16821 12865 16280 13405 16686 13232 16464 4/05 12569 15848 13232 16727 13538 17341 14140 18269 14109 17937 14038 17957 13558 17427 14389 18141 14649 18123 15597 19315 15564 19341 15789 20019 4/06 16151 20098 15631 19403 15552 19512 15202 19242 15643 19754 15756 19955 16455 20890 17001 21543 17144 21780 17883 22265 18234 22214 18338 22451 4/07 19064 22921
--- MIDCAP VALUE FUND --- RUSSELL 2500 VALUE INDEX $9,450 starting value $10,000 starting value $19,064 ending value $22,921 ending value
RUSSELL 2500 VALUE INDEX measures the performance of those Russell 2500 Index companies with lower price-to-book ratios and lower forecasted growth values. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR 5 YEAR INCEPTION - -------------------------------------------------------------- MidCap Value A# 4/30/2001 18.04% 13.49% 12.40% - -------------------------------------------------------------- MidCap Value A## 4/30/2001 11.55% 12.22% 11.35% - -------------------------------------------------------------- MidCap Value B# 4/30/2001 17.21% 12.68% 11.61% - -------------------------------------------------------------- MidCap Value B## 4/30/2001 12.21% 12.43% 11.51% - -------------------------------------------------------------- MidCap Value C# 4/30/2001 17.21% 12.69% 11.62% - -------------------------------------------------------------- MidCap Value C## 4/30/2001 16.21% 12.69% 11.62% - -------------------------------------------------------------- MidCap Value Y# 4/30/2001 18.69% 14.04% 12.94% - --------------------------------------------------------------
# Without sales charge ## With sales charge * As of August 16, 2004, the Fund no longer offers Class A, B and C shares except as follows: The Fund will continue to offer and sell shares: (1) through ACH and other similar systematic investors who established plans to invest through such facilities prior to August 16, 2004 and (2) for reinvestment of capital gains distributions and income dividends. The Fund continues to pay 12b-1 fees. These fees are paid for ongoing shareholder services, to compensate brokers for past sales and to reimburse the Fund's distributor for commissions paid in connection with past sales. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (2) Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGER JAMES N. MORDY Senior Vice President, Partner - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford MidCap Value Fund returned 15.86%, before sales charge, for the six-month period ended April 30, 2007, outperforming its benchmark, the Russell 2500 Value Index, which returned 9.72% for the same period. The Fund also outperformed the 12.88% return of the average fund in the Lipper Mid-Cap Value Fund peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? U.S. equities posted positive returns during the period, with mid cap stocks outperforming small and larger cap stocks, as measured by the S&P 400 Midcap, Russell 2000 and S&P 500 Indices, respectively. Value stocks continued to outperform growth during the period, as measured by the Russell 1000 Growth and Russell 1000 Value Indices. The Utilities, Materials, Energy, Telecommunication Services, and Industrials sectors outperformed while the Financials, Information Technology, Health Care and the Consumer (Discretionary and Staples) sectors lagged, on a relative (i.e. performance of the Fund as measured against the benchmark) basis, despite posting positive returns. The Fund's performance was primarily driven by strong stock selection across seven of the ten broad economic sectors. Security selection was strongest within Financials, Materials, Information Technology, Industrials and Consumer Discretionary. Overall sector allocation decisions were additive, particularly our underweight (i.e. the Fund's sector position was less than the benchmark position) positions in Financials (mainly due to our lack of exposure in REITS) and our overweights (i.e. the Fund's sector position was greater than the benchmark position) in Industrials and Materials. The top three contributors to both absolute (i.e. total return) and benchmark relative performance were Varian Semiconductor (Information Technology), Owens-Illinois (Materials) and R.H. Donnelly (Consumer Discretionary). Semiconductor Capital Equipment maker Varian's shares rose as the company continues to gain market share and benefit from industry consolidation. Packaging company Owens-Illinois' stock surged during the period; reacting to increased pricing power, a reduction in financial leverage, and management's divestiture of its specialty plastics business. R.H. Donnelley's shares rose as fundamentals stabilized following the company's merger with Dex Media and as investors have become attracted to the company's strong cash flow generation. We held onto our positions at the end of the period. The largest detractors from absolute and relative performance included Health Care stocks Barr Pharmaceuticals and Cooper Industries, and retailer Circuit City (Consumer Discretionary). Barr Pharmaceutical's stock declined on weaker than expected 61 - -------------------------------------------------------------------------------- guidance from company management. Cooper Industries stock struggled due to manufacturing-related delays in its new product pipeline which have led to earnings disappointments and lack of confidence in management. Circuit City is out of favor with investors due to its current turnaround effort following heavy holiday discounting which hurt margins. We initiated a position in Circuit City during the period and held onto both Barr Pharmaceuticals and Cooper. WHAT IS THE OUTLOOK? Our expectation for softer global growth in 2007 appears to be materializing, led by the U.S. and the other developed markets. While this deceleration is likely to test the ability of emerging economies to generate growth internally, we do not expect a global economy in distress. In the U.S., we are presently most concerned about the housing and mortgage markets. Thus far, we have not seen significant spillover effects into the rest of the credit markets. Nevertheless, an increasing supply of unsold homes, coupled with spiraling sub-prime mortgage credit delinquencies, threaten to extend the housing woes beyond the current calendar year, despite some evidence that demand for new and used homes may have started to stabilize. We are currently cautious on the industrial economy as well, as order trends point to slower capital equipment investment by corporations. Stable employment indicators signal that the Federal Reserve will be on hold through 2007 and not look to tighten unless inflation concerns increase meaningfully. We adjusted our sector weights, in part to reduce our exposure to areas more sensitive to the economy, by taking profits in some Information Technology and Materials names, and to fund new investment opportunities in Consumer and Telecommunications Services and Media. At the end of the period, our most significant overweights were in Industrials, Health Care, and Information Technology, which to us represent the best risk/reward to a slowing economy at current valuations. Our most notable underweight sectors remain Financials and Utilities, where we struggle to find undervalued opportunities. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 12.0% - ------------------------------------------------------------------- Capital Goods 12.7 - ------------------------------------------------------------------- Consumer Cyclical 8.8 - ------------------------------------------------------------------- Consumer Staples 4.2 - ------------------------------------------------------------------- Energy 4.0 - ------------------------------------------------------------------- Finance 17.3 - ------------------------------------------------------------------- Health Care 7.4 - ------------------------------------------------------------------- Services 11.8 - ------------------------------------------------------------------- Technology 13.2 - ------------------------------------------------------------------- Transportation 1.9 - ------------------------------------------------------------------- Utilities 5.3 - ------------------------------------------------------------------- Short-Term Investments 15.7 - ------------------------------------------------------------------- Other Assets & Liabilities -14.3 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
62 The Hartford Retirement Income Fund (subadvised by Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS CURRENT INCOME AND SECONDARILY, CAPITAL PRESERVATION. PERFORMANCE OVERVIEW(3) 9/30/05 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS U.S. RETIREMENT INCOME FUND S&P 500 INDEX AGGREGATE BOND INDEX ---------------------- ------------- -------------------- 9/30/05 9450 10000 10000 9334 9833 9921 9383 10205 9965 9441 10208 10059 1/06 9508 10479 10060 9493 10507 10093 9482 10638 9994 4/06 9551 10780 9976 9459 10471 9966 9450 10484 9987 9492 10549 10122 8/06 9626 10800 10277 9687 11078 10367 9803 11439 10436 9944 11656 10557 12/06 9966 11819 10495 10024 12001 10491 10062 11767 10653 10125 11898 10653 4/07 10277 12425 10711
--- RETIREMENT INCOME FUND -- LEHMAN BROTHERS U.S. AGGREGATE --- S&P 500 INDEX $9,450 starting value BOND INDEX $10,000 starting value $10,277 ending value $10,000 starting value $12,425 ending value $10,711 ending value
LEHMAN BROTHERS U.S. AGGREGATE BOND INDEX is an unmanaged index and is composed of securities from the Lehman Brothers Government/Credit Bond Index, Mortgage-Backed Securities Index, Asset-Backed Index and Commercial Mortgage-Backed Securities Index. S&P 500 INDEX is a market capitalization weighted price index composed of 500 widely held common stocks. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - --------------------------------------------------------------- Retirement Income A# 9/30/2005 7.61% 5.45% - --------------------------------------------------------------- Retirement Income A## 9/30/2005 1.69% 1.75% - --------------------------------------------------------------- Retirement Income B# 9/30/2005 6.79% 4.70% - --------------------------------------------------------------- Retirement Income B## 9/30/2005 1.79% 2.25% - --------------------------------------------------------------- Retirement Income C# 9/30/2005 6.88% 4.76% - --------------------------------------------------------------- Retirement Income C## 9/30/2005 5.88% 4.76% - --------------------------------------------------------------- Retirement Income R3# 9/30/2005 7.65% 5.65% - --------------------------------------------------------------- Retirement Income R4# 9/30/2005 7.72% 5.70% - --------------------------------------------------------------- Retirement Income R5# 9/30/2005 7.83% 5.77% - --------------------------------------------------------------- Retirement Income Y# 9/30/2005 7.91% 5.82% - ---------------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGERS HUGH WHELAN Executive Vice President EDWARD C. CAPUTO Assistant Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Target Retirement Income Fund returned 4.83%, before sales charge, for the six months ended April 30, 2007, versus 4.69% for the Lipper Mixed-Asset Target Allocation Conservative Funds average, 2.64% for the Lehman Brothers U.S. Aggregate Bond Index, and 8.60% for the S&P 500 Index. WHY DID THE FUND PERFORM THIS WAY? The Fund's structure allows for investment across all market capitalizations and styles, both within the U.S. and internationally. This diversification is designed to enhance the long-term return and risk characteristics of the Fund. Generally, the Fund's target asset allocation is set at approximately 30% equity and 70% fixed-income. The Fund's equity allocation is structured around five equity indexes. For the six month period, the MSCI EAFE Index (international equities) was up 15.68%; the Russell MidCap Index (U.S. mid cap equities) was up 12.24%; the Russell 1000 Value Index (U.S. large cap equities) was up 9.79%; the Russell 1000 Growth Index (U.S. large cap equities) was up 8.42%; and the Russell 2000 Index (U.S. small cap equities) was up 6.86%. The Fund benefited from its international and mid cap equity exposure, as well as its large cap value bias. On the fixed income side, the yield curve steepened during the period, with the yield on the five year Treasury note decreasing five basis points to 4.51% and the yield on the 10-year Treasury note increasing two basis points to 4.62%. Within the major sectors of the Lehman Brothers U.S. Aggregate Bond Index, mortgage backed securities were the top performers, while U.S. Treasuries were the worst. The fixed income allocation is structured around six fixed income indices. For the six month period, the best performer was the Lehman Brothers High Yield Index (up 6.88%), followed by the CSFB Leveraged Loan Index (up 3.98%), Lehman Brothers U.S. Aggregate Bond Index (up 2.64%), Merrill Lynch 3-Month U.S. Treasury Bill Index (up 2.62%), Lehman Brothers 1-3 Year Government Index (up 2.34%), and Lehman U.S. TIPS (Treasury Inflation Protected Securities) Index (up 2.07%). Consequently, the Fund benefited from its allocation to high yield and floating rate notes, while the other asset classes underperformed the Fund's fixed income benchmark. The Fund's duration (i.e. sensitivity to changes in interest rates) is targeted to be less than the Lehman Brothers U.S. Aggregate Bond Index 63 - -------------------------------------------------------------------------------- based on risk preferences of the Fund. For the period, short duration positioning detracted from overall performance. Besides the asset allocation decision, the Fund's performance is also influenced by the performance of the underlying active fund mangers. In keeping with the Fund's long-term approach, we typically use cash flows to reallocate among the underlying funds. However, a hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was performed in November to align the actual allocations with our targets. WHAT IS THE OUTLOOK? Economic data continues to suggest weaker growth ahead, a trend that began in the first quarter of the year. Additionally, the Federal Reserve concluded at its March meeting that business executives are pessimistic about sales growth, which poses a downside risk to the economy. Other risks going forward include the potential effects of the ongoing troubles within the housing sector as well as persistently high energy and food costs, which could sap consumer spending. Although business activity has been sluggish, strong consumption supports growth. And while recent CPI data suggests some moderation in core inflation, inflationary pressures remain elevated. Unless these pressures ease, we believe it is unlikely that the Federal Reserve will cut rates in the foreseeable future, as many are anticipating. While we do not feel that the economy is headed for a recession, our outlook for growth and interest rates is biased to the lower side. While we intend to stay within a limited range about our target asset class ranges, we will make incremental changes to asset class and individual fund allocation according to our outlook and the Fund's objective to provide income for retirees. COMPOSITION BY UNDERLYING FUND as of April 30, 2007
PERCENTAGE OF FUND NAME NET ASSETS - ------------------------------------------------------------------- Hartford Capital Appreciation Fund, Class Y 7.6% - ------------------------------------------------------------------- Hartford Floating Rate Fund, Class Y 7.2 - ------------------------------------------------------------------- Hartford Global Leaders Fund, Class Y 1.6 - ------------------------------------------------------------------- Hartford Growth Opportunities Fund, Class Y 4.1 - ------------------------------------------------------------------- Hartford Income Fund, Class Y 10.6 - ------------------------------------------------------------------- Hartford Inflation Plus Fund, Class Y 12.0 - ------------------------------------------------------------------- Hartford International Opportunities Fund, Class Y 1.9 - ------------------------------------------------------------------- Hartford International Small Company Fund, Class Y 1.9 - ------------------------------------------------------------------- Hartford Select MidCap Value Fund, Class Y 1.7 - ------------------------------------------------------------------- Hartford Short Duration Fund, Class Y 23.4 - ------------------------------------------------------------------- Hartford Small Company Fund, Class Y 2.4 - ------------------------------------------------------------------- Hartford Total Return Bond Fund, Class Y 12.3 - ------------------------------------------------------------------- Hartford Value Fund, Class Y 9.4 - ------------------------------------------------------------------- Other Assets & Liabilities 3.9 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
64 The Hartford Select MidCap Growth Fund (subadvised by: Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS LONG-TERM CAPITAL APPRECIATION. PERFORMANCE OVERVIEW(2) 1/1/05 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
SELECT MIDCAP GROWTH FUND RUSSELL MIDCAP GROWTH INDEX ------------------------- --------------------------- 1/1/05 9450 10000 9168 9732 9272 9979 9149 9833 4/05 8717 9444 9168 9985 9290 10170 9779 10764 8/05 9732 10698 9826 10837 9525 10518 10081 11088 12/05 10110 11210 10660 11881 10650 11735 11001 12063 4/06 11039 12114 10384 11544 10327 11497 9910 11085 8/06 10128 11340 10403 11599 10698 12044 11203 12517 12/06 11143 12404 11579 12856 11519 12828 11678 12895 4/07 12034 13462
--- SELECT MIDCAP GROWTH FUND --- RUSSELL MIDCAP GROWTH INDEX $9,450 starting value $10,000 starting value $12,034 ending value $13,462 ending value
RUSSELL MIDCAP GROWTH INDEX is an unmanaged index measuring the performance of the mid-size company segment of the U.S. market. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - ---------------------------------------------------------- Select MidCap Gro A#................. 1/1/2005 9.01% 10.95% - ---------------------------------------------------------- Select MidCap Gro A##................ 1/1/2005 3.02% 8.29% - ---------------------------------------------------------- Select MidCap Gro B#................. 1/1/2005 8.30% 10.23% - ---------------------------------------------------------- Select MidCap Gro B##................ 1/1/2005 3.30% 9.09% - ---------------------------------------------------------- Select MidCap Gro C#................. 1/1/2005 8.03% 10.12% - ---------------------------------------------------------- Select MidCap Gro C##................ 1/1/2005 7.03% 10.12% - ---------------------------------------------------------- Select MidCap Gro Y#................. 1/1/2005 9.49% 11.37% - ----------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (2) Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGER HUGH WHELAN, Executive Vice President Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. - -------------------------------------------------------------------------------- WHAT DID THE MARKET DO AND HOW DID THE FUND PERFORM? The Class A shares of The Hartford Select MidCap Growth Fund returned 12.49%, before sales charge, for the six month period ended April 30, 2007, versus 11.77% for its benchmark, the Russell MidCap Growth Index, and the 11.38% average return of the Lipper Mid-Cap Growth Funds category, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? The Fund has benefited from security selection in the healthcare and utilities sectors. Weak security selection in the financials and consumer staples sectors detracted from performance. Among the largest contributors to relative (i.e. performance of the Fund as measured against the benchmark) returns were overweights to ImClone Systems Incorporated and NRG Energy, Inc. ImClone rallied after Amgen canceled a clinical trial involving its rival drug to ImClone's Erbitux. NRG rose on strong first quarter results and buyout rumors. Among the largest detractors to relative returns were an overweight to First Marblehead Corporation and an underweight to Amazon.com, Inc. First Marblehead fell on fears of increased competition from Sallie Mae which agreed to be bought by a group of private equity investors. Amazon rose after its first quarter profit more than doubled and sales rose by almost one-third. WHAT IS THE OUTLOOK? The near-term environment for stocks looks challenging. Economic and profit growth are slowing, and at the same time, labor costs are rising and inflation continues to worry the Federal Open Market Committee. Our investment team seeks companies that we believe have compelling stock characteristics versus the Russell MidCap Growth Index. Our systematic approach weighs 30 fundamental characteristics across four broad categories, including business behavior, management behavior, valuation and investor behavior. This analysis is used to build a broadly diversified portfolio of companies, with sector weightings determined largely by the attractiveness of specific stocks within the Fund's investment universe. The Fund's current top holdings include overweights to WellCare Group, Inc. and Humana Inc. WellCare is a top holding primarily due to a combination of strong management behavior as exhibited by efficient working capital management, and investor behavior. Humana is a top holding primarily because of their combination of strong management behavior as exhibited by efficient working capital management, and attractive valuations, especially free cash flow yields. The Fund currently has lower price-earnings and price-cash flow ratios, higher operating and net margins, and lower leverage versus the Russell MidCap Growth Index. We believe this approach will yield attractive risk-adjusted returns relative to the Index over the long term. 65 - -------------------------------------------------------------------------------- DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 7.3% - ------------------------------------------------------------------- Capital Goods 4.3 - ------------------------------------------------------------------- Consumer Cyclical 16.8 - ------------------------------------------------------------------- Consumer Staples 3.1 - ------------------------------------------------------------------- Energy 6.9 - ------------------------------------------------------------------- Finance 16.2 - ------------------------------------------------------------------- Health Care 7.3 - ------------------------------------------------------------------- Services 12.9 - ------------------------------------------------------------------- Technology 21.5 - ------------------------------------------------------------------- Transportation 1.3 - ------------------------------------------------------------------- Utilities 2.1 - ------------------------------------------------------------------- Short-Term Investments 22.0 - ------------------------------------------------------------------- Other Assets & Liabilities -21.7 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
66 The Hartford Select MidCap Value Fund (subadvised by: Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS LONG-TERM CAPITAL APPRECIATION. PERFORMANCE OVERVIEW(2) 4/29/05 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
SELECT MIDCAP VALUE FUND RUSSELL MIDCAP VALUE INDEX ------------------------ -------------------------- 4/29/05 9450 10000 9450 10000 9847 10413 10074 10754 10452 11266 8/05 10423 11178 10518 11330 10197 10983 10607 11370 12/05 10673 11481 11050 11979 11098 12092 11379 12356 4/06 11543 12475 11204 12214 11156 12287 10992 12217 8/06 11301 12560 11533 12720 11997 13236 12377 13663 12/06 12548 13802 12951 14227 12910 14312 12991 14473 4/07 13484 14927
--- SELECT MIDCAP VALUE FUND --- RUSSELL MIDCAP VALUE INDEX $9,450 starting value $10,000 starting value $13,484 ending value $14,927 ending value
RUSSELL MIDCAP VALUE INDEX measures the performance of those Russell Midcap companies with lower price-to-book ratios and lower forecasted growth rate. These stocks are also members of the Russell 1000 Value Index. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - ----------------------------------------------------------- Select MidCap Val A# 4/29/2005 16.83% 19.43% - ----------------------------------------------------------- Select MidCap Val A## 4/29/2005 10.40% 16.10% - ----------------------------------------------------------- Select MidCap Val B# 4/29/2005 16.00% 18.57% - ----------------------------------------------------------- Select MidCap Val B## 4/29/2005 11.00% 17.30% - ----------------------------------------------------------- Select MidCap Val C# 4/29/2005 15.90% 18.57% - ----------------------------------------------------------- Select MidCap Val C## 4/29/2005 14.90% 18.57% - ----------------------------------------------------------- Select MidCap Val Y# 4/29/2005 17.00% 19.74% - -----------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (2) Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGER HUGH WHELAN, Executive Vice President Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. - -------------------------------------------------------------------------------- WHAT DID THE MARKET DO AND HOW DID THE FUND PERFORM? The Class A shares of The Hartford Select MidCap Value Fund returned 12.40%, before sales charge, for the six month period ended April 30, 2007, versus 12.78% for its benchmark, the Russell MidCap Value Index, and the 12.21% average return of the Lipper Mid-Cap Core Funds category, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? During the past six months, overweights (i.e. the Fund's sector position was greater than the benchmark position) to the financial sector and underweights (i.e. the Fund's sector position was less than the benchmark position) to the utilities and materials sectors were detractors from relative (i.e. performance of the Fund as measured against the benchmark) performance. However, security selection in the energy, industrials and consumer staples sectors drove the portfolio to a positive relative result. Among the largest contributors to relative performance were overweights to Tesoro Corporation and Carolina Group. Tesoro rose as it announced strong fourth quarter results and expansion plans which favorably impressed investors. Carolina Group rose after it reported earnings that beat analyst expectations. Among the largest detractors to relative performance were overweights to Lexmark International Inc. and New Century Financial Corporation. Lexmark fell after it reported weak quarterly results and revised downward its earnings forecast. New Century fell sharply after it announced that it was having difficulty financing operations because of a rise in defaults and difficulty in securing new credit. WHAT IS THE OUTLOOK? The near-term environment for stocks looks challenging. Economic and profit growth are slowing, and at the same time, labor costs are rising and inflation continues to worry the Federal Open Market Committee. Our investment team seeks companies that we believe have compelling stock characteristics versus the Russell MidCap Value Index. Our systematic approach weighs 80 fundamental characteristics across four broad categories, including business behavior, management behavior, valuation and investor behavior. This analysis is used to build a broadly diversified portfolio of companies, with sector weightings determined largely by the attractiveness of specific stocks within the Fund's investment universe. We believe will this approach will yield attractive risk-adjusted returns relative to the Russell Midcap Value Index over the long term. The Fund's current top holdings include overweights to AmeriCredit Corporation and Comerica Inc. These stocks are top holdings primarily because of their combination of attractive valuations and investor recognition characteristics. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 4.5% - ------------------------------------------------------------------- Capital Goods 7.0 - ------------------------------------------------------------------- Consumer Cyclical 7.3 - ------------------------------------------------------------------- Consumer Staples 7.3 - ------------------------------------------------------------------- Energy 6.3 - ------------------------------------------------------------------- Finance 37.9 - ------------------------------------------------------------------- Health Care 2.2 - ------------------------------------------------------------------- Services 5.0 - ------------------------------------------------------------------- Technology 9.0 - ------------------------------------------------------------------- Transportation 1.5 - ------------------------------------------------------------------- Utilities 11.6 - ------------------------------------------------------------------- Short-Term Investments 10.3 - ------------------------------------------------------------------- Other Assets & Liabilities -9.9 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
66 The Hartford Select SmallCap Value Fund (subadvised by: Kayne Anderson Rudnick Investment Management, LLC Metropolitan West Capital Management, LLC SSgA Funds Management, Inc.) INVESTMENT OBJECTIVE -- SEEKS CAPITAL APPRECIATION. PERFORMANCE OVERVIEW(2) 7/31/06 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
SELECT SMALLCAP VALUE FUND RUSSELL 200 VALUE INDEX -------------------------- ----------------------- 7/31/06 9450 10000 9667 10299 9800 10399 10/06 10357 10929 10661 11240 10670 11338 1/07 10983 11508 10907 11367 11068 11504 4/07 11220 11623
--- SELECT SMALLCAP VALUE FUND --- RUSSELL 2000 VALUE INDEX $9,450 starting value $10,000 starting value $11,220 ending value $11,623 ending value
RUSSELL 2000 VALUE INDEX is a broad-based unmanaged index comprised of 2,000 of the smallest U.S. domiciled company common stocks (on the basis of capitalization) that are traded in the United States on the New York Stock Exchange. American Stock Exchange and Nasdaq. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE INCEPTION - ----------------------------------------------------- Select SmallCap Value A# 7/31/2006 18.73% - ----------------------------------------------------- Select SmallCap Value A## 7/31/2006 12.20% - ----------------------------------------------------- Select SmallCap Value B# 7/31/2006 17.93% - ----------------------------------------------------- Select SmallCap Value B## 7/31/2006 12.93% - ----------------------------------------------------- Select SmallCap Value C# 7/31/2006 18.03% - ----------------------------------------------------- Select SmallCap Value C## 7/31/2006 17.03% - ----------------------------------------------------- Select SmallCap Value Y# 7/31/2006 18.98% - -----------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (2) Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGERS KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT, LLC ROBERT A. SCHWARZKOPF Managing Director SANDI L. GLEASON METROPOLITAN WEST CAPITAL MANAGEMENT, LLC GARY W. LISENBEE President SAMIR SIKKA Senior Vice President SSGA FUNDS MANAGEMENT, INC. RIC THOMAS Principal CHUCK MARTIN Principal - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? Class A shares of The Hartford Select SmallCap Value Fund returned 8.33%, before sales charge, for the six month period ended April 30, 2007. The Fund outperformed the 6.36% return of the Russell 2000 Value Index and underperformed the 9.26% return of the Lipper Small Cap Value peer group average. WHY DID THE FUND PERFORM THIS WAY? U.S. equities posted positive returns during the period, with mid cap stocks outperforming small and larger cap stocks, as measured by the S&P 400 Midcap, Russell 2000 and S&P 500 indices, respectively. Within small cap stocks, growth stocks outpaced value during the period, as measured by the Russell 2000 Growth (7.42%) and Russell 2000 Value (6.36%) indices. While all but one economic sector in the Russell 2000 Value Index advanced over the semi-annual period, performance varied widely by sector. Materials stocks in the Index gained 26.3% on average over the six-month period. Due in large part to sub-prime mortgage woes, the Financials sector posted a total return of -3.0%. Stock selection was the primary driver of our performance during the year. Syntel (a business provider of information technology services and one of our largest holdings) and ABM Industries (a facility services contractor) were top relative (i.e. performance of the Fund as measured against the benchmark) performers as a result of posting strong financial results and increasing earnings guidance. Other strong performers for the Fund included Tempur-Pedic International (a mattress and pillow manufacturer) and First Republic Bank (a San Francisco-based commercial bank and wealth management firm). Tempur-Pedic rose during the period due to continued strong financial results and an initiation of a share repurchase program. In January 2007, Merrill Lynch made an offer to buy First Republic Bank. The $55 per share cash offer represented a 44% premium over the stock price prior to the 67 - -------------------------------------------------------------------------------- announcement. We sold this position during the period as the stock approached our intrinsic value target. Performance also benefited from the Fund's underweight in the Financials sector relative to the Russell 2000 Value Index as the sector continued to underperform the market over the period. The Fund's average weight in financials was 25%, as compared to 34% for the benchmark. Detractors from performance included Corus Bankshares (a bank holding company) and Young Innovations (a manufacturer of dentistry supplies and equipment). Corus fell due to poor financials results from the slowdown in the residential housing market. Young Innovations decreased on analyst downgrades due to lowered earnings guidance resulting from lower than expected sales and higher than expected costs from consolidation activities. WHAT IS THE OUTLOOK? After reaching peak profitability in 2006, corporate profits broke a string of double-digit increases in operating earnings, as the companies in the S&P 500 Index posted single-digit profit gains in the fourth quarter of 2006 for the first time in 18 quarters. In the past, a decelerating profit environment has prompted investors to rotate to higher quality companies because of their dependable earnings streams. Currently, the Fund's overweight positions relative to the benchmark was in Industrials, Energy and Health Care. Conversely, the Fund's largest underweight position relative to the benchmark continues to be in Financials, which we consider unattractive given above-average historical valuations, rising credit costs, and the slowdown in the housing market. We believe that the complementary style of the three subadvisors provides the Fund with a well positioned portfolio in this environment to add value relative to the market and its peers. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 8.2% - ------------------------------------------------------------------- Capital Goods 6.0 - ------------------------------------------------------------------- Consumer Cyclical 13.0 - ------------------------------------------------------------------- Consumer Staples 2.3 - ------------------------------------------------------------------- Energy 4.4 - ------------------------------------------------------------------- Finance 24.1 - ------------------------------------------------------------------- Health Care 4.7 - ------------------------------------------------------------------- Investment Pools and Funds 1.5 - ------------------------------------------------------------------- Services 14.3 - ------------------------------------------------------------------- Technology 8.5 - ------------------------------------------------------------------- Transportation 4.3 - ------------------------------------------------------------------- Utilities 2.0 - ------------------------------------------------------------------- Short-Term Investments 6.4 - ------------------------------------------------------------------- Other Assets & Liabilities 0.3 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
68 The Hartford Short Duration Fund (subadvised by Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS TO PROVIDE A HIGH LEVEL OF INCOME. PERFORMANCE OVERVIEW(2) 10/31/02 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS 1-5 YEAR U.S. SHORT DURATION FUND GOVERNMENT/CREDIT INDEX ------------------- ----------------------------- 10/31/02 9700 10000 9676 9987 9829 10145 9842 10150 9945 10244 9963 10262 4/03 10023 10312 10130 10430 10143 10442 10008 10296 10013 10300 10186 10474 10134 10406 10131 10406 10209 10485 10254 10527 10319 10609 10365 10667 4/04 10242 10494 10220 10467 10236 10481 10283 10541 10356 10662 10346 10662 10377 10713 10329 10638 10357 10679 10358 10676 10350 10635 10343 10609 4/05 10404 10694 10424 10756 10448 10787 10440 10730 10483 10824 10490 10770 10472 10744 10511 10784 10542 10832 10561 10846 10578 10851 10587 10846 4/06 10629 10876 10652 10885 10688 10903 10743 11004 10797 11106 10860 11176 10893 11227 10952 11304 10959 11289 11010 11307 11081 11426 11102 11465 4/07 11146 11512
--- SHORT DURATION FUND --- LEHMAN BROTHERS 1-5 YEAR U.S. $9,700 starting value GOVERNMENT/CREDIT INDEX $11,146 ending value $10,000 starting value $11,512 ending value
LEHMAN BROTHERS 1-5 YEAR U.S. GOVERNMENT/CREDIT INDEX is an unmanaged index comprised of the U.S. Government/Credit component of the U.S. Aggregate Index. The Hartford Government/Credit Index includes securities in the 1-5 year maturity range in the Government and Credit Indices. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - -------------------------------------------------------- Short Duration A# 10/31/2002 4.86% 3.14% - -------------------------------------------------------- Short Duration A## 10/31/2002 1.71% 2.44% - -------------------------------------------------------- Short Duration B# 10/31/2002 4.06% 2.39% - -------------------------------------------------------- Short Duration B## 10/31/2002 -0.94% 1.98% - -------------------------------------------------------- Short Duration C# 10/31/2002 4.06% 2.39% - -------------------------------------------------------- Short Duration C## 10/31/2002 3.06% 2.39% - -------------------------------------------------------- Short Duration Y# 11/28/2003 5.25% 3.08% - --------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (2) Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGERS ROBERT CRUSHA Vice President BRIAN DIRGINS Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Short Duration Fund returned 2.32%, before sales charge, for the six-month period ended April 30, 2007, versus the 2.41% return of its benchmark, the Lehman Brothers 1-5 Year U.S. Government/Credit Index, and the 2.42% average return of the Lipper Short Investment Grade Debt Funds category, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? The largest drivers of the Fund's performance relative (i.e. performance of the Fund as measured against the benchmark) to the Lehman Brothers 1-5 Year U.S. Government/Credit Index were its sector allocation and duration (i.e. sensitivity to changes in interest rates) positioning. During the period we selectively increased our exposure to non-government issuers, taking advantage of cheaper (more attractive) asset valuations in the wake of turmoil in the sub-prime mortgage market. At the same time, we reduced our exposure to Treasuries and cash. Our positions in the investment grade corporate sector, as well as the out-of-benchmark allocations to asset backed securities (ABS), mortgage backed securities (MBS), and commercial mortgage backed securities (CMBS), were the primary drivers of portfolio yield. An underweight (i.e. the Fund's sector position was less than the benchmark position) to Treasuries in favor of the aforementioned sectors also resulted in enhanced yield. The Fund's shorter duration of 1.06 years at the end of the period versus the Index duration of 2.32 years detracted from performance as yields on the short end of the yield curve decreased by 9 to 10 basis points during the six-month period. WHAT IS THE OUTLOOK? Economic data continues to suggest that while growth has slowed, we are not necessarily headed into a recession. In recent months, the sub-prime housing sector has had the most significant impact on the markets, but we do not expect this to spill over into the larger macro economy. We will continue to look for signs of spread widening (i.e. short and long term interest rates moving farther apart), at which point we will add to our exposure to "spread product" (issues yielding more than Treasuries) while continuing to reduce both our Treasury and cash positions. With slowing growth and a sluggish housing market, we do not feel that an easing by the Federal Open Market Committee ("the Federal Reserve") is imminent. If the Federal Reserve does in fact ease, we 69 - -------------------------------------------------------------------------------- believe it will not occur, at the least, until early 2008. Given this outlook, as well as the inverted shape of the yield curve where two-and three-year Treasuries are yielding less than cash, we will likely keep the Fund's duration significantly shorter than that of the benchmark. DISTRIBUTION BY CREDIT QUALITY as of April 30, 2007
PERCENTAGE OF RATING HOLDINGS - ------------------------------------------------------------------- AAA 41.1% - ------------------------------------------------------------------- AA 4.2 - ------------------------------------------------------------------- A 17.9 - ------------------------------------------------------------------- BBB 30.8 - ------------------------------------------------------------------- BB 0.3 - ------------------------------------------------------------------- NR 5.7 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 1.6% - ------------------------------------------------------------------- Capital Goods 0.2 - ------------------------------------------------------------------- Consumer Cyclical 2.3 - ------------------------------------------------------------------- Consumer Staples 0.4 - ------------------------------------------------------------------- Energy 2.3 - ------------------------------------------------------------------- Finance 62.7 - ------------------------------------------------------------------- Health Care 1.0 - ------------------------------------------------------------------- Services 3.1 - ------------------------------------------------------------------- Technology 2.2 - ------------------------------------------------------------------- Transportation 0.6 - ------------------------------------------------------------------- U.S. Government Agencies 9.8 - ------------------------------------------------------------------- U.S. Government Securities 6.0 - ------------------------------------------------------------------- Utilities 1.7 - ------------------------------------------------------------------- Short-Term Investments 5.8 - ------------------------------------------------------------------- Other Assets & Liabilities 0.3 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
70 The Hartford Small Company Fund (subadvised by: Wellington Management Company, LLP Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS GROWTH OF CAPITAL. PERFORMANCE OVERVIEW(3) 4/30/97 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
SMALL COMPANY FUND RUSSELL 2000 GROWTH INDEX ------------------ ------------------------- 4/30/97 9450 10000 10469 11503 11083 11893 11621 12502 11894 12878 12913 13905 12385 13070 12168 12758 12014 12766 11718 12595 12884 13707 13398 14282 4/98 13575 14370 12913 13326 13102 13462 12643 12338 9552 9490 10380 10452 11207 10997 11965 11850 13271 12923 13850 13504 12484 12269 13511 12705 4/99 14618 13828 14927 13849 16113 14579 16093 14128 15864 13600 16183 13862 16741 14217 18647 15720 21986 18491 21342 18319 25088 22581 24713 20208 4/00 22480 18167 19968 16577 22784 18718 20954 17114 22616 18914 21628 17974 20292 16515 17767 13517 19101 14344 18254 15505 16235 13379 14831 12163 4/01 16850 13652 16629 13968 16889 14349 15972 13125 15299 12305 12884 10320 13929 11313 15264 12257 16077 13020 15821 12557 15078 11744 16181 12765 4/02 15775 12489 15171 11759 14115 10761 11828 9107 11596 9103 11120 8446 11526 8873 12234 9753 11167 9080 10865 8833 10644 8598 11016 8728 4/03 12188 9554 13546 10631 13976 10835 14974 11654 15717 12280 15136 11970 16576 13004 17040 13428 17353 13488 18050 14196 18073 14174 18421 14240 4/04 17469 13526 17783 13795 18178 14254 16680 12974 15960 12695 17202 13397 17516 13722 18514 14882 19327 15417 18270 14723 18874 14925 18619 14365 4/05 17818 13451 19025 14399 20093 14865 21312 15904 21381 15680 21973 15804 21416 15220 22728 16081 23296 16058 25397 17606 25212 17513 26314 18364 4/06 26825 18311 25420 17022 24794 17032 23772 16148 24028 16621 24120 16733 25049 17817 26058 18244 26490 18200 27238 18539 27340 18480 27720 18651 4/07 28393 19140
--- SMALL COMPANY FUND --- RUSSELL 2000 GROWTH INDEX $9,450 starting value $10,000 starting value $28,393 ending value $19,140 ending value
RUSSELL 2000 GROWTH INDEX is an unmanaged index of those Russell 2000 Index growth companies with higher price-to-book ratios and higher forecasted growth values. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION 1 5 10 SINCE DATE YEAR YEAR YEAR INCEPTION - ------------------------------------------------------------------- Small Co A# 7/22/1996 5.84% 12.47% 11.62% 11.45% - ------------------------------------------------------------------- Small Co A## 7/22/1996 0.02% 11.20% 10.99% 10.87% - ------------------------------------------------------------------- Small Co B# 7/22/1996 5.00% 11.64% NA* NA* - ------------------------------------------------------------------- Small Co B## 7/22/1996 0.23% 11.38% NA* NA* - ------------------------------------------------------------------- Small Co C# 7/22/1996 5.04% 11.64% 10.85% 10.68% - ------------------------------------------------------------------- Small Co C## 7/22/1996 4.08% 11.64% 10.85% 10.68% - ------------------------------------------------------------------- Small Co I# 7/22/1996 6.08% 12.52% 11.65% 11.47% - ------------------------------------------------------------------- Small Co R3# 7/22/1996 6.05% 12.92% 12.12% 11.95% - ------------------------------------------------------------------- Small Co R4# 7/22/1996 6.14% 12.94% 12.12% 11.95% - ------------------------------------------------------------------- Small Co R5# 7/22/1996 6.28% 12.97% 12.14% 11.97% - ------------------------------------------------------------------- Small Co Y# 7/22/1996 6.32% 12.98% 12.14% 11.97% - -------------------------------------------------------------------
# Without sales charge ## With sales charge NA Not Applicable * 10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class C shares commenced operations on 7/31/98. Performance prior to 7/31/98 reflects Class B performance less Class C sales charges where applicable. Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charges to these share classes. PORTFOLIO MANAGERS WELLINGTON MANAGEMENT COMPANY, LLP STEVEN C. ANGELI, CFA Senior Vice President, Partner STEPHEN C. MORTIMER Vice President MARIO E. ABULARACH, CFA Vice President HARTFORD INVESTMENT MANAGEMENT COMPANY HUGH WHELAN Executive Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of the Hartford Small Company Fund returned 13.35%, before sales charge, for the six-month period ended April 30, 2007, outperforming its benchmark, the Russell 2000 Growth Index, which returned 7.43% for the same period. The Fund also outperformed the 9.16% return of the average fund in the Lipper Small Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund. Effective April 2, 2007, Hugh Whelan assumed the portfolio management responsibilities for the Hartford Investment Management sleeve of the Fund. WHY DID THE FUND PERFORM THIS WAY? While most major indices posted positive results during the period, returns were marked by volatility. The markets were roiled by the subprime shakeout, a slowing U.S. economy, and sentiment swings in emerging markets. Despite this environment, nine out of the ten sectors in the benchmark, the Russell 2000 Growth Index, posted positive returns for the period, led by Materials (+21%), Utilities (+12%), and Information Technology (+11%). The laggards in this environment were Telecommunication Services (-4%), Financials (+0%), and Health Care (+4%). The Fund's outperformance was primarily due to positive stock selection; relative sector exposure did not have a meaningful impact on benchmark-relative (i.e. performance of the Fund as measured against the benchmark) returns. Security selection was 71 - -------------------------------------------------------------------------------- positive in nine out of the ten broad sectors, particularly in the Consumer Discretionary, Industrials, and Information Technology sectors. Performance was modestly impacted by poor stock selection in Health Care sector. Among the top relative and absolute (i.e. total return) contributors to performance during the period were TeleTech Holdings (Commercial Services & Supplies) and Terra Industries (Materials). TeleTech, a global operator of outsourced call centers for large customers in various industries, is benefiting from a competitive advantage rooted in its global scale and technology. We feel that the market is beginning to recognize improving profitability as it transitions to low-cost offshore locations. Terra Industries, a major U.S. provider of nitrogen fertilizers to the agricultural supply chain, benefited from increasing demand for ethanol which drove higher corn prices, higher corn plantings, and greater need for soil nutrients. Among other top relative contributors was Copa Holdings (Transportation). Panamanian airline Copa rose with strong traffic and load factors. The company is benefiting from Panama's rise as a north-south hub complex and the successful restructuring of a recently acquired Colombian airline. Experienced management, a young fleet, and capacity additions should provide strong growth. Another strong contributor to performance was Chinese media company Focus Media. Shares roses after the company reported a surge in profits. Stocks with the largest negative absolute and relative impacts were MoneyGram (Software & Services), AtheroGenics (Pharma, Bio, & Life Sciences), and The Children's Place (Retailing). Shares of global payment services company MoneyGram dipped after the company reported a decrease in net income for the first quarter and an increase in expenses. Pharmaceutical company AtheroGenics' stock price fell after its proposed drug to fight heart disease failed in a study. Shares of The Children's Place retailer fell after December same-store sales declined. Sales rose more slowly than a year earlier due to a mild winter, which hurt demand for cold-weather clothes. We continued to hold all three securities at the end of the period. WHAT IS THE OUTLOOK? The Fund focuses on stocks of companies we see as having unique business models or special market opportunities that should allow them to deliver superior growth. As such, changes in the overall positioning of the Fund are the result of bottom up stock decisions as opposed to top-down macro themes. On a sector level, the most notable shifts over the six months have been a migration towards Health Care and Consumer Discretionary concerns and away from Financials and Telecommunication Services. At the end of the period the Fund's largest overweight (i.e. the Fund's sector position was greater than the benchmark position) allocations were Consumer Discretionary, Industrials and Utilities; while the largest underweight (i.e. the Fund's sector position was less than the benchmark position) allocations were Information Technology, Financials, and Health Care. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 9.3% - ------------------------------------------------------------------- Capital Goods 4.7 - ------------------------------------------------------------------- Consumer Cyclical 9.1 - ------------------------------------------------------------------- Consumer Staples 1.0 - ------------------------------------------------------------------- Energy 5.7 - ------------------------------------------------------------------- Finance 7.8 - ------------------------------------------------------------------- Health Care 14.7 - ------------------------------------------------------------------- Services 15.4 - ------------------------------------------------------------------- Technology 25.6 - ------------------------------------------------------------------- Transportation 2.2 - ------------------------------------------------------------------- Utilities 0.8 - ------------------------------------------------------------------- Short-Term Investments 17.8 - ------------------------------------------------------------------- Other Assets & Liabilities -14.1 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
72 The Hartford SmallCap Growth Fund (subadvised by: Wellington Management Company, LLP Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS TO MAXIMIZE SHORT- AND LONG-TERM CAPITAL APPRECIATION. PERFORMANCE OVERVIEW(1,3) 4/30/97 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
SMALLCAP GROWTH FUND RUSSELL 2000 GROWTH INDEX -------------------- ------------------------- 4/30/97 9450 10000 11225 11503 11496 11893 12170 12502 11856 12877 12650 13905 12069 13069 12112 12758 12449 12765 12034 12596 13464 13708 14328 14284 4/98 14437 14371 13696 13326 14251 13462 13100 12338 10237 9490 10946 10453 11658 10998 13131 11852 14920 12924 15980 13506 13957 12270 14966 12707 4/99 15524 13829 15637 13851 17803 14581 18033 14130 18453 13602 19318 13864 22170 14219 24923 15722 31545 18493 32158 18321 44903 22584 40178 20210 4/00 33641 18169 28969 16577 35901 18719 33239 17115 39829 18916 37575 17975 34161 16516 24327 13517 27143 14344 27662 15504 22465 13379 20075 12162 4/01 21900 13651 21882 13968 22715 14349 21057 13125 19677 12305 16017 10319 17639 11312 19636 12256 21180 13020 20483 12556 19344 11744 21340 12764 4/02 20427 12489 18995 11758 17225 10761 14889 9107 14814 9102 13580 8445 14663 8873 16311 9752 15021 9079 14522 8832 13863 8596 14023 8726 4/03 15351 9552 17159 10629 17602 10833 18769 11652 20078 12278 20088 11967 21576 13001 22113 13425 22423 13485 23761 14194 23723 14172 23535 14238 4/04 22499 13523 22734 13792 23478 14251 21566 12972 21284 12693 22452 13395 23167 13720 24750 14880 25814 15415 24665 14720 25352 14922 25032 14362 4/05 23874 13448 25625 14397 26379 14862 28140 15901 27631 15677 27594 15801 26652 15217 28168 16079 28328 16055 30457 17603 29976 17510 30833 18361 4/06 30399 18308 28252 17019 28289 17029 26858 16145 27216 16618 27592 16730 29494 17814 29993 18241 29870 18197 30454 18536 30492 18477 30689 18648 4/07 31678 19137
--- SMALLCAP GROWTH FUND --- RUSSELL 2000 GROWTH INDEX $9,450 starting value $10,000 starting value $31,678 ending value $19,137 ending value
RUSSELL 2000 GROWTH INDEX is an unmanaged index of those Russell 2000 Index growth companies with higher price-to-book ratios and higher forecasted growth values. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. PORTFOLIO MANAGERS WELLINGTON MANAGEMENT HARTFORD INVESTMENT COMPANY, LLP MANAGEMENT COMPANY DAVID J. ELLIOTT HUGH WHELAN Vice President Executive Vice President DORIS T. DWYER Vice President
AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION 1 5 10 SINCE DATE YEAR YEAR YEAR INCEPTION - ------------------------------------------------------------------- SmallCap A# 1/4/1988 4.21% 9.17% 12.85% 12.55% - ------------------------------------------------------------------- SmallCap A## 1/4/1988 -1.52% 7.94% 12.22% 12.22% - ------------------------------------------------------------------- SmallCap B# 11/14/1994 3.47% 8.43% NA* NA* - ------------------------------------------------------------------- SmallCap B## 11/14/1994 -1.53% 8.14% NA* NA* - ------------------------------------------------------------------- SmallCap C# 11/14/1994 3.34% 8.38% 12.13% 10.61% - ------------------------------------------------------------------- SmallCap C## 11/14/1994 2.34% 8.38% 12.13% 10.61% - ------------------------------------------------------------------- SmallCap I# 2/19/2002 4.34% 9.19% NA 10.33% - ------------------------------------------------------------------- SmallCap L# 1/4/1988 4.35% 9.27% 12.91% 12.57% - ------------------------------------------------------------------- SmallCap L## 1/4/1988 -0.60% 8.21% 12.36% 12.29% - ------------------------------------------------------------------- SmallCap R3# 2/19/2002 4.29% 9.57% NA 10.17% - ------------------------------------------------------------------- SmallCap R4# 2/19/2002 4.41% 9.60% NA 10.19% - ------------------------------------------------------------------- SmallCap R5# 2/19/2002 4.50% 9.62% NA 10.21% - ------------------------------------------------------------------- SmallCap Y# 2/19/2002 4.53% 9.62% NA 10.21% - -------------------------------------------------------------------
# Without sales charge ## With sales charge NA Not Applicable * 10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Classes A, B and C were offered beginning on February 19, 2002. Performance prior to that date is that of the fund's Classes L, M and N shares, respectively, which have lower operating expenses. Performance prior to February 19, 2002 would have been lower if Classes A, B and C shares expenses were applied during that period. (Classes M and N are no longer offered.) Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I, L, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford SmallCap Growth Fund returned 7.41%, before sales charge, for the six-month period ended April 30, 2007, underperforming its benchmark, the Russell 2000 Growth Index, which returned 7.43% for the same period and the 9.16% return of the average fund in the Lipper Small Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? While the economy is still healthy, it has demonstrated signs of weakness as witnessed by the deterioration in the sub-prime housing market and reduced capital spending. During the period, mid cap stocks (+12.2%) outperformed small cap stocks (+6.9%) and large cap (+6%) counterparts, as measured by the Russell MidCap Index, Russell 2000 Index, and S&P 500 Index, respectively. Value stocks outperformed growth stocks as measured by the Russell 3000 Value Index and Russell 3000 Growth Index. Within the Russell 2000 Growth Index, sector returns were mostly positive. Materials (+21%), Utilities (+12%), and Information Technology (+11%) were the strongest performing sectors for the period, whereas Telecommunication Services (-4%), Financials (+0%), and Health Care (+4%) lagged the returns of the broader market. Stock selection within Materials, Telecommunication Services, and Energy were the areas of greatest strength relative (i.e. performance of the Fund as measured against the benchmark) to the benchmark. Among the top contributors to both relative and absolute (i.e. total return) performance were Cleveland-Cliffs (Materials), ITT Educational Services (Consumer Services), and Varian Semiconductor (Semiconductor). Cleveland-Cliffs, a producer of iron ore pellets in North America, is benefiting from continued strong demand from steel companies and raised sales expectations. Postsecondary educator ITT announced earnings and provided guidance above analyst expectations, sending its shares 73 - -------------------------------------------------------------------------------- sharply higher. The company continues to execute well and generate solid free cash flow and we maintained our position. Shares of Varian, a supplier of ion implantation systems used in the fabrication of semiconductor chips rose after exceeding market expectations. Stock selection within Industrials, Health Care, and Financials hurt the Fund's performance relative to the benchmark. CV Therapeutics (Pharmaceutical Biotechnology), True Religion (Consumer Durables), and IMPAC Mortgage (Real Estate) were the largest detractors from relative and absolute returns over the period. Biopharmaceutical company CV Therapeutics' stock price suffered after the company's angina treatment Ranexa failed a clinical test. Premium denim designer True Religion's stock price declined after the company's earnings fell short of market expectations. Shares of lender IMPAC Mortgage declined on delays in reporting its earnings and broad weakness in the subprime mortgage industry. WHAT IS THE OUTLOOK? Decelerating job growth and diminishing home equity extraction could lead to slower consumer spending, despite stabilizing energy prices. Against this backdrop, we believe inflation should remain in check. We expect that sometime this spring will mark the trough in consumption, housing, and the inventory correction in manufacturing, setting the stage for stronger growth in the second half of 2007. Relative sector allocations versus the benchmark are small and incidental to our bottom-up stock selection strategy. At period-end the Fund's largest overweights (i.e. the Fund's sector position was greater than the benchmark position) were in the Technology and Telecommunications Services sectors, offset by underweight (i.e. the Fund's sector position was less than the benchmark position) positions in Financials and Consumer Staples stocks. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 6.4% - ------------------------------------------------------------------- Capital Goods 6.1 - ------------------------------------------------------------------- Consumer Cyclical 12.7 - ------------------------------------------------------------------- Consumer Staples 0.7 - ------------------------------------------------------------------- Energy 4.7 - ------------------------------------------------------------------- Finance 8.3 - ------------------------------------------------------------------- Health Care 17.4 - ------------------------------------------------------------------- Services 13.5 - ------------------------------------------------------------------- Technology 24.4 - ------------------------------------------------------------------- Transportation 3.9 - ------------------------------------------------------------------- Short-Term Investments 19.7 - ------------------------------------------------------------------- Other Assets & Liabilities -17.8 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
74 The Hartford Stock Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS LONG-TERM GROWTH OF CAPITAL. PERFORMANCE OVERVIEW(3) 4/30/97 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
STOCK FUND S&P 500 INDEX ---------- ------------- 4/30/97 9450 10000 10036 10608 10535 11083 11272 11965 10618 11295 11159 11913 10859 11516 11310 12048 11423 12255 11521 12391 12403 13284 13118 13963 4/98 13397 14104 13141 13862 13895 14424 14030 14271 11973 12208 12470 12990 13450 14045 14226 14896 15002 15754 15490 16413 15193 15903 15939 16539 4/99 16655 17179 16167 16774 17226 17704 16746 17152 16487 17066 16030 16599 16891 17649 17178 18008 18350 19068 17481 18110 17512 17767 19204 19504 4/00 18653 18918 18241 18529 18638 18986 18246 18690 19202 19850 18301 18802 18325 18722 17228 17247 17416 17332 17868 17947 16588 16311 15381 15278 4/01 16481 16464 16612 16574 15888 16172 15691 16012 14647 15011 13588 13799 13875 14063 14919 15141 15025 15275 14656 15052 14442 14762 14935 15317 4/02 13678 14389 13481 14283 12503 13266 11748 12233 11641 12312 10343 10975 11279 11940 12125 12642 11345 11900 11033 11589 10803 11415 10844 11526 4/03 11665 12475 12232 13131 12405 13299 12709 13534 12865 13797 12651 13651 13317 14422 13432 14549 14220 15312 14286 15593 14376 15809 14114 15571 4/04 13916 15327 14097 15537 14401 15839 13867 15315 13867 15376 13801 15542 13768 15780 14204 16418 14666 16977 14394 16563 14691 16911 14253 16612 4/05 14113 16297 14600 16815 14559 16839 15220 17465 15236 17306 15402 17446 15195 17155 15831 17803 15964 17810 16452 18281 16386 18331 16576 18559 4/06 16841 18808 16312 18267 16047 18291 16038 18404 16477 18841 16850 19327 17421 19956 17926 20335 18155 20620 18413 20937 18097 20528 18313 20758 4/07 19095 21677
--- STOCK FUND --- S&P 500 INDEX $9,450 starting value $10,000 starting value $19,095 ending value $21,677 ending value
S&P 500 INDEX is a market capitalization weighted price index composed of 500 widely held common stocks. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION 1 5 10 SINCE DATE YEAR YEAR YEAR INCEPTION - ----------------------------------------------------------------- Stock A# 7/22/1996 13.38% 6.90% 7.28% 9.05% - ----------------------------------------------------------------- Stock A## 7/22/1996 7.15% 5.69% 6.68% 8.48% - ----------------------------------------------------------------- Stock B# 7/22/1996 12.47% 6.04% NA* NA* - ----------------------------------------------------------------- Stock B## 7/22/1996 7.47% 5.73% NA* NA* - ----------------------------------------------------------------- Stock C# 7/22/1996 12.58% 6.18% 6.56% 8.31% - ----------------------------------------------------------------- Stock C## 7/22/1996 11.58% 6.18% 6.56% 8.31% - ----------------------------------------------------------------- Stock R3# 7/22/1996 13.73% 7.43% 7.81% 9.58% - ----------------------------------------------------------------- Stock R4# 7/22/1996 13.87% 7.46% 7.82% 9.59% - ----------------------------------------------------------------- Stock R5# 7/22/1996 13.97% 7.47% 7.83% 9.60% - ----------------------------------------------------------------- Stock Y# 7/22/1996 14.02% 7.48% 7.84% 9.60% - -----------------------------------------------------------------
# Without sales charge ## With sales charge NA Not Applicable * 10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class C shares commenced operations on 7/31/98. Performance prior to 7/31/98 reflects Class B performance less Class C sales charges where applicable. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGERS STEVEN T. IRONS, CFA Senior Vice President, Partner PETER I. HIGGINS, CFA Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Stock Fund returned 9.61%, before sales charge, for the six-month period ended April 30, 2007, outperforming its benchmark, the S&P 500 Index, which returned 8.60% for the same period. The Fund also outperformed the 8.25% return of the average fund in the Lipper Large Cap Core Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Amid concerns of rising gas prices, a softening job market and a continued housing slump, equity markets posted strong returns during the six-month period. The S&P 500 Index was up 8.60% for the period and showed broad-based strength, posting positive results in all ten sectors. Sector results were led by Utilities, Materials, and Energy. Consumer Discretionary, Financials and Information Technology all posted robust returns but lagged the general market. The Fund's outperformance versus the benchmark was driven by security selection. Selection was strongest within the Information Technology, Materials and Consumer Staples sectors. Stocks that contributed the most to relative (i.e. performance of the Fund as measured against the benchmark) returns included First Data, Cia Vale do Rio Doce (CVRD), and Schering-Plough. Electronic payment service provider First Data's stock appreciated during the period as it was the target of a leveraged buyout bid from KKR. We eliminated the stock on strong performance. The stock of Brazilian mining company CVRD continued to rise during the period, bolstered by commodity prices. Additionally, implementation of the company's strategy to integrate its Inco acquisition should drive synergies further. We continue to view the company as well-positioned in iron ore and nickel, which should drive strong fundamentals over the next few years. Schering-Plough rose on continued strong results from its cholesterol drug franchise and encouraging results from drugs currently in development. Other top contributors to the Fund's performance included storage company EMC, aluminum company Alcoa and AT&T. Stock selection within the Consumer Discretionary, Energy and Financials sectors hurt relative performance. Top relative detractors from the Fund included Circuit City, United Parcel Service and 75 - -------------------------------------------------------------------------------- Capital One. Shares of Circuit City tumbled after the consumer electronics retailer posted disappointing third-quarter results. Circuit City has been a turnaround story selling at very depressed valuations, and they have struggled executing its turnaround plan consistently. Slowing U.S. industrial production has weighed on shares of United Parcel Service, but we still have confidence in the longer term story of the company. Capital One's stock declined as it missed first-quarter profit targets and trimmed guidance, due mainly to problems in its mortgage unit. The credit card business continues to perform better then most feared which is consistent with our investment thesis. Additionally, the Fund's underweight (i.e. the Fund's sector position was less than the benchmark position) to the strongly performing Utilities sector hurt relative returns. WHAT IS THE OUTLOOK? The Fund continues to be managed with a large cap, core investment approach. We apply a bottom-up investment process in constructing a diversified portfolio and look for companies that exhibit industry leadership, strong balance sheets, solid management, high return on equity, accelerating earnings, and/or attractive valuation with a catalyst. Our bottom-up investment approach resulted in the Fund being overweight (i.e. the Fund's sector position was greater than the benchmark position) Information Technology, Health Care and Materials, and underweight Utilities, Energy, and Consumer Discretionary at the end of the period. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 5.5% - ------------------------------------------------------------------- Capital Goods 2.1 - ------------------------------------------------------------------- Consumer Cyclical 6.7 - ------------------------------------------------------------------- Consumer Staples 7.1 - ------------------------------------------------------------------- Energy 7.6 - ------------------------------------------------------------------- Finance 23.3 - ------------------------------------------------------------------- Health Care 10.6 - ------------------------------------------------------------------- Services 8.1 - ------------------------------------------------------------------- Technology 28.3 - ------------------------------------------------------------------- Utilities 0.6 - ------------------------------------------------------------------- Short-Term Investments 5.2 - ------------------------------------------------------------------- Other Assets & Liabilities -5.1 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
76 The Hartford Target Retirement 2010 Fund (subadvised by Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS TO MAXIMIZE TOTAL RETURN AND SECONDARILY, TO SEEK CAPITAL PRESERVATION. PERFORMANCE OVERVIEW(2) 9/30/05 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS U.S. TARGET RETIREMENT 2010 FUND AGGREGATE BOND INDEX S&P 500 INDEX --------------------------- -------------------- ------------- 9/30/05 9450 10000 10000 9280 9921 9833 9469 9965 10205 12/05 9507 10059 10208 9670 10060 10479 9650 10093 10507 9679 9994 10638 4/06 9782 9976 10780 9598 9966 10471 9570 9987 10484 9560 10122 10549 8/06 9714 10277 10800 9805 10367 11078 9970 10436 11439 10147 10557 11656 12/06 10208 10495 11819 10302 10491 12001 10302 10653 11767 10414 10653 11898 4/07 10613 10711 12425
--- TARGET RETIREMENT 2010 -- LEHMAN BROTHERS U.S. AGGREGATE --- S&P 500 INDEX FUND BOND INDEX $10,000 starting value $9,450 starting value $10,000 starting value $12,425 ending value $10,613 ending value $10,711 ending value
LEHMAN BROTHERS U.S. AGGREGATE BOND INDEX is an unmanaged index and is composed of securities from the Lehman Brothers Government/Credit Bond Index, Mortgage-Backed Securities Index, Asset-Backed Index and Commercial Mortgage-Backed Securities Index. S&P 500 INDEX is a market capitalization weighted price index composed of 500 widely held common stocks. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distribution or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - --------------------------------------------------------------- Target Retirement 2010 A# 9/30/2005 8.49% 7.61% - --------------------------------------------------------------- Target Retirement 2010 A## 9/30/2005 2.52% 3.83% - --------------------------------------------------------------- Target Retirement 2010 B# 9/30/2005 7.72% 6.82% - --------------------------------------------------------------- Target Retirement 2010 B## 9/30/2005 2.72% 4.37% - --------------------------------------------------------------- Target Retirement 2010 C# 9/30/2005 7.58% 6.75% - --------------------------------------------------------------- Target Retirement 2010 C## 9/30/2005 6.58% 6.75% - --------------------------------------------------------------- Target Retirement 2010 R3# 9/30/2005 8.48% 7.76% - --------------------------------------------------------------- Target Retirement 2010 R4# 9/30/2005 8.56% 7.81% - --------------------------------------------------------------- Target Retirement 2010 R5# 9/30/2005 8.75% 7.92% - --------------------------------------------------------------- Target Retirement 2010 Y# 9/30/2005 8.67% 7.87% - ---------------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGERS HUGH WHELAN Executive Vice President EDWARD C. CAPUTO Assistant Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Target Retirement 2010 Fund returned 6.45%, before sales charge for the six months ended April 30, 2007, versus 5.89% for the Lipper Mixed-Asset Target 2010 Funds average, 2.64% for the Lehman Brothers U.S. Aggregate Bond Index, and 8.60% for the S&P 500 Index. WHY DID THE FUND PERFORM THIS WAY? The Fund's primary objective is to maximize total return, but with a secondary objective of preserving capital as the Fund approaches its target year of 2010. Currently, the Fund's target asset allocation is set at approximately 52% fixed-income and 48% equity. The Fund's structure allows for investment across all market capitalizations and styles, both within the U.S. and internationally. This diversification is designed to enhance the long-term return and risk characteristics of the Fund. The Fund's equity allocation is structured around five equity indexes. For the six month period, the MSCI EAFE Index (international equities) was up 15.68%; the Russell MidCap Index (U.S. mid cap equities) was up 12.24%; the Russell 1000 Value Index (U.S. large cap equities) was up 9.79%; the Russell 1000 Growth Index (U.S. large cap equities) was up 8.42%; and the Russell 2000 Index (U.S. small cap equities) was up 6.86%. The Fund benefited from its international and mid cap equity exposure, as well as its large cap value bias. On the fixed income side, the yield curve steepened during the period, with the yield on the five year Treasury note decreasing five basis points to 4.51% and the yield on the 10-year Treasury note increasing two basis points to 4.62%. Within the major sectors of the Lehman Brothers U.S. Aggregate Bond Index, mortgage backed securities were the top performers, while U.S. Treasuries were the worst. The fixed income allocation is structured around six fixed income indices. For the six month period, the best performer was the Lehman Brothers High Yield Index (up 6.88%), followed by the CSFB Leveraged Loan Index (up 3.98%), Lehman Brothers U.S. Aggregate Bond Index (up 2.64%), Merrill Lynch 3- Month U.S. Treasury Bill Index (up 2.62%), Lehman Brothers 1-3 Year Government Index (up 2.34%), and Lehman U.S. TIPS (Treasury Inflation Protected Securities) Index (up 2.07%). Consequently, the Fund benefited from its allocation to high yield and floating rate notes, while the other asset classes underperformed the Fund's fixed income benchmark. The Fund's duration (i.e. sensitivity to changes in interest rates) is targeted to be less than the Lehman Brothers U.S. Aggregate Bond Index 77 - -------------------------------------------------------------------------------- based on risk preferences of the Fund. For the period, short duration positioning detracted from overall performance. Besides the asset allocation decision, the Fund's performance is also influenced by the performance of the underlying active fund mangers. In keeping with the Fund's long-term approach, we typically use cash flows to reallocate among the underlying funds. However, a hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was performed in November to align the actual allocations with our targets. WHAT IS THE OUTLOOK? Economic data continues to suggest weaker growth ahead, a trend that began in the first quarter of the year. Additionally, the Federal Reserve concluded at its March meeting that business executives are pessimistic about sales growth, which poses a downside risk to the economy. Other risks going forward include the potential effects of the ongoing troubles within the housing sector as well as persistently high energy and food costs, which could sap consumer spending. Although business activity has been sluggish, strong consumption supports growth. And while recent CPI data suggests some moderation in core inflation, inflationary pressures remain elevated. Unless these pressures ease, we believe it is unlikely that the Federal Reserve will cut rates in the foreseeable future, as many are anticipating. While we do not feel that the economy is headed for a recession, our outlook for growth and interest rates is biased to the lower side. While we intend to stay within a limited range about our target asset class ranges, we will make incremental changes to asset class and individual fund allocation according to our outlook and the Fund's objective to maximize total return for future retirees. Over a longer time horizon, as the Fund approaches its 2010 target retirement date, the Fund's allocation to equity will decrease while its allocation to fixed income will increase. COMPOSITION BY UNDERLYING FUND as of April 30, 2007
PERCENTAGE OF FUND NAME NET ASSETS - ------------------------------------------------------------------- Hartford Capital Appreciation Fund, Class Y 12.8% - ------------------------------------------------------------------- Hartford Disciplined Equity Fund, Class Y 2.6 - ------------------------------------------------------------------- Hartford Equity Income Fund, Class Y 2.0 - ------------------------------------------------------------------- Hartford Floating Rate Fund, Class Y 7.3 - ------------------------------------------------------------------- Hartford Global Leaders Fund, Class Y 6.2 - ------------------------------------------------------------------- Hartford Growth Opportunities Fund, Class Y 1.9 - ------------------------------------------------------------------- Hartford Income Fund, Class Y 15.7 - ------------------------------------------------------------------- Hartford Inflation Plus Fund, Class Y 6.2 - ------------------------------------------------------------------- Hartford International Opportunities Fund, Class Y 3.6 - ------------------------------------------------------------------- Hartford International Small Company Fund, Class Y 3.6 - ------------------------------------------------------------------- Hartford Select SmallCap Value Fund, Class Y 0.5 - ------------------------------------------------------------------- Hartford Short Duration Fund, Class Y 16.6 - ------------------------------------------------------------------- Hartford Small Company Fund, Class Y 3.2 - ------------------------------------------------------------------- Hartford Total Return Bond Fund, Class Y 6.5 - ------------------------------------------------------------------- Hartford Value Fund, Class Y 10.4 - ------------------------------------------------------------------- Other Assets & Liabilities 0.9 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
78 The Hartford Target Retirement 2020 Fund (subadvised by Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS TO MAXIMIZE TOTAL RETURN AND SECONDARILY, TO SEEK CAPITAL PRESERVATION. PERFORMANCE OVERVIEW(2) 9/30/05 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS U.S. TARGET RETIREMENT 2020 FUND AGGREGATE BOND INDEX S&P 500 INDEX --------------------------- -------------------- ------------- 9/30/05 9450 10000 10000 9252 9833 9921 9469 10205 9965 12/05 9585 10208 10059 9857 10479 10060 9819 10507 10093 9904 10638 9994 4/06 10031 10780 9976 9778 10471 9966 9755 10484 9987 9707 10549 10122 8/06 9882 10800 10277 9986 11078 10367 10210 11439 10436 10419 11656 10557 12/06 10519 11819 10495 10629 12001 10491 10599 11767 10653 10737 11898 10653 4/07 11007 12425 10711
--- TARGET RETIREMENT 2020 -- LEHMAN BROTHERS U.S. AGGREGATE --- S&P 500 INDEX FUND BOND INDEX $10,000 starting value $9,450 starting value $10,000 starting value $12,425 ending value $11,007 ending value $10,711 ending value
LEHMAN BROTHERS U.S. AGGREGATE BOND INDEX is an unmanaged index and is composed of securities from the Lehman Brothers Government/Credit Bond Index, Mortgage-Backed Securities Index, Asset-Backed Index and Commercial Mortgage-Backed Securities Index. S&P 500 INDEX is a market capitalization weighted price index composed of 500 widely held common stocks. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distribution or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - ---------------------------------------------------------------- Target Retirement 2020 A# 9/30/2005 9.73% 10.13% - ---------------------------------------------------------------- Target Retirement 2020 A## 9/30/2005 3.70% 6.26% - ---------------------------------------------------------------- Target Retirement 2020 B# 9/30/2005 8.92% 9.31% - ---------------------------------------------------------------- Target Retirement 2020 B## 9/30/2005 3.92% 6.89% - ---------------------------------------------------------------- Target Retirement 2020 C# 9/30/2005 8.89% 9.29% - ---------------------------------------------------------------- Target Retirement 2020 C## 9/30/2005 7.89% 9.29% - ---------------------------------------------------------------- Target Retirement 2020 R3# 9/30/2005 9.78% 10.22% - ---------------------------------------------------------------- Target Retirement 2020 R4# 9/30/2005 9.86% 10.27% - ---------------------------------------------------------------- Target Retirement 2020 R5# 9/30/2005 10.03% 10.38% - ---------------------------------------------------------------- Target Retirement 2020 Y# 9/30/2005 10.06% 10.40% - ----------------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGERS HUGH WHELAN Executive Vice President EDWARD C. CAPUTO Assistant Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Target Retirement 2020 Fund returned 7.80%, before sales charge, for the six months ended April 30, 2007, versus 7.09% for the Lipper Mixed-Asset Target 2020 Funds average, 2.64% for the Lehman Brothers U.S. Aggregate Bond Index, and 8.60% for the S&P 500 Index. WHY DID THE FUND PERFORM THIS WAY? The Fund's primary objective is to maximize total return, but with a secondary objective of preserving capital as the Fund approaches its target year of 2020. Currently, the Fund's target asset allocation is set at approximately 64% equity and 36% fixed-income. The Fund's structure allows for investment across all market capitalizations and styles, both within the U.S. and internationally. This diversification is designed to enhance the long-term return and risk characteristics of the Fund. The Fund's equity allocation is structured around five equity indexes. For the six month period, the MSCI EAFE Index (international equities) was up 15.68%; the Russell MidCap Index (U.S. mid cap equities) was up 12.24%; the Russell 1000 Value Index (U.S. large cap equities) was up 9.79%; the Russell 1000 Growth Index (U.S. large cap equities) was up 8.42%; and the Russell 2000 Index (U.S. small cap equities) was up 6.86%. The Fund benefited from its international and mid cap equity exposure, as well as its large cap value bias. On the fixed income side, the yield curve steepened during the period, with the yield on the five year Treasury note decreasing five basis points to 4.51% and the yield on the 10-year Treasury note increasing two basis points to 4.62%. Within the major sectors of the Lehman Brothers U.S. Aggregate Bond Index, mortgage backed securities were the top performers, while U.S. Treasuries were the worst. The fixed income allocation is structured around six fixed income indices. For the six month period, the best performer was the Lehman Brothers High Yield Index (up 6.88%), followed by the CSFB Leveraged Loan Index (up 3.98%), Lehman Brothers U.S. Aggregate Bond Index (up 2.64%), Merrill Lynch 3- Month U.S. Treasury Bill Index (up 2.62%), Lehman Brothers 1-3 Year Government Index (up 2.34%), and Lehman U.S. TIPS (Treasury Inflation Protected Securities) Index (up 2.07%). Consequently, the Fund benefited from its allocation to high yield and floating rate notes, while the other asset classes underperformed the Fund's fixed income benchmark. The Fund's duration (i.e. sensitivity to changes in interest rates) is targeted to be less than the Lehman Brothers U.S. Aggregate Bond Index 79 - -------------------------------------------------------------------------------- based on risk preferences of the Fund. For the period, short duration positioning detracted from overall performance. Besides the asset allocation decision, the Fund's performance is also influenced by the performance of the underlying active fund mangers. In keeping with the Fund's long-term approach, we typically use cash flows to reallocate among the underlying funds. However, a hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was performed in November to align the actual allocations with our targets. WHAT IS THE OUTLOOK? Economic data continues to suggest weaker growth ahead, a trend that began in the first quarter of the year. Additionally, the Federal Reserve concluded at its March meeting that business executives are pessimistic about sales growth, which poses a downside risk to the economy. Other risks going forward include the potential effects of the ongoing troubles within the housing sector as well as persistently high energy and food costs, which could sap consumer spending. Although business activity has been sluggish, strong consumption supports growth. And while recent CPI data suggests some moderation in core inflation, inflationary pressures remain elevated. Unless these pressures ease, we believe it is unlikely that the Federal Reserve will cut rates in the foreseeable future, as many are anticipating. While we do not feel that the economy is headed for a recession, our outlook for growth and interest rates is biased to the lower side. While we intend to stay within a limited range about our target asset class ranges, we will make incremental changes to asset class and individual fund allocation according to our outlook and the Fund's objective to maximize total return for future retirees. Over a longer time horizon, as the Fund approaches its 2020 target retirement date, the Fund's allocation to equity will decrease while its allocation to fixed income will increase. COMPOSITION BY UNDERLYING FUND as of April 30, 2007
PERCENTAGE OF FUND NAME NET ASSETS - ------------------------------------------------------------------- Hartford Capital Appreciation Fund, Class Y 16.8% - ------------------------------------------------------------------- Hartford Disciplined Equity Fund, Class Y 3.3 - ------------------------------------------------------------------- Hartford Equity Income Fund, Class Y 4.2 - ------------------------------------------------------------------- Hartford Floating Rate Fund, Class Y 5.2 - ------------------------------------------------------------------- Hartford Global Leaders Fund, Class Y 4.8 - ------------------------------------------------------------------- Hartford Growth Opportunities Fund, Class Y 3.6 - ------------------------------------------------------------------- Hartford Income Fund, Class Y 15.5 - ------------------------------------------------------------------- Hartford Inflation Plus Fund, Class Y 3.9 - ------------------------------------------------------------------- Hartford International Opportunities Fund, Class Y 4.9 - ------------------------------------------------------------------- Hartford International Small Company Fund, Class Y 5.0 - ------------------------------------------------------------------- Hartford Select SmallCap Value Fund, Class Y 1.8 - ------------------------------------------------------------------- Hartford Short Duration Fund, Class Y 6.5 - ------------------------------------------------------------------- Hartford Small Company Fund, Class Y 3.7 - ------------------------------------------------------------------- Hartford Total Return Bond Fund, Class Y 4.9 - ------------------------------------------------------------------- Hartford Value Fund, Class Y 15.3 - ------------------------------------------------------------------- Other Assets & Liabilities 0.6 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
80 The Hartford Target Retirement 2030 Fund (subadvised by Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS TO MAXIMIZE TOTAL RETURN AND SECONDARILY, TO SEEK CAPITAL PRESERVATION. PERFORMANCE OVERVIEW(2) 9/30/05 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS U.S. TARGET RETIREMENT 2030 FUND S&P 500 INDEX AGGREGATE BOND INDEX --------------------------- ------------- -------------------- 9/30/05 9450 10000 10000 9214 9833 9921 9507 10205 9965 12/05 9551 10208 10059 9832 10479 10060 9778 10507 10093 9886 10638 9994 4/06 9995 10780 9976 9692 10471 9966 9670 10484 9987 9595 10549 10122 8/06 9768 10800 10277 9876 11078 10367 10136 11439 10436 10359 11656 10557 12/06 10490 11819 10495 10611 12001 10491 10534 11767 10653 10721 11898 10653 4/07 11039 12425 10711
--- TARGET RETIREMENT 2030 -- LEHMAN BROTHERS U.S. AGGREGATE --- S&P 500 INDEX FUND BOND INDEX $10,000 starting value $9,450 starting value $10,000 starting value $12,425 ending value $11,039 ending value $10,711 ending value
LEHMAN BROTHERS U.S. AGGREGATE BOND INDEX is an unmanaged index and is composed of securities from the Lehman Brothers Government/Credit Bond Index, Mortgage-Backed Securities Index, Asset-Backed Index and Commercial Mortgage-Backed Securities Index. S&P 500 INDEX is a market capitalization weighted price index composed of 500 widely held common stocks. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distribution or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - ------------------------------------------------------------------ Target Retirement 2030 A# 9/30/2005 10.45% 10.33% - ------------------------------------------------------------------ Target Retirement 2030 A## 9/30/2005 4.37% 6.45% - ------------------------------------------------------------------ Target Retirement 2030 B# 9/30/2005 9.52% 9.48% - ------------------------------------------------------------------ Target Retirement 2030 B## 9/30/2005 4.52% 7.06% - ------------------------------------------------------------------ Target Retirement 2030 C# 9/30/2005 9.77% 9.64% - ------------------------------------------------------------------ Target Retirement 2030 C## 9/30/2005 8.77% 9.64% - ------------------------------------------------------------------ Target Retirement 2030 R3# 9/30/2005 10.29% 10.41% - ------------------------------------------------------------------ Target Retirement 2030 R4# 9/30/2005 10.40% 10.47% - ------------------------------------------------------------------ Target Retirement 2030 R5# 9/30/2005 10.51% 10.54% - ------------------------------------------------------------------ Target Retirement 2030 Y# 9/30/2005 10.62% 10.61% - ------------------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGERS HUGH WHELAN Executive Vice President EDWARD C. CAPUTO Assistant Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Target Retirement 2030 Fund gained 8.91%, before sales charge, for the six months ended April 30, 2007, versus 9.24% for the Lipper Mixed-Asset Target 2030 Funds average, 2.64% for the Lehman Brothers U.S. Aggregate Bond Index, and 8.60% for the S&P 500 Index. WHY DID THE FUND PERFORM THIS WAY? The Fund's primary objective is to maximize total return, but with a secondary objective of preserving capital as the Fund approaches its target year of 2030. Currently, the Fund's target asset allocation is set at approximately 79% equity and 21% fixed-income. The Fund's structure allows for investment across all market capitalizations and styles, both within the U.S. and internationally. This diversification is designed to enhance the long-term return and risk characteristics of the Fund. The Fund's equity allocation is structured around five equity indexes. For the six month period, the MSCI EAFE Index (international equities) was up 15.68%; the Russell MidCap Index (U.S. mid cap equities) was up 12.24%; the Russell 1000 Value Index (U.S. large cap equities) was up 9.79%; the Russell 1000 Growth Index (U.S. large cap equities) was up 8.42%; and the Russell 2000 Index (U.S. small cap equities) was up 6.86%. The Fund benefited from its international and mid cap equity exposure, as well as its large cap value bias. On the fixed income side, the yield curve steepened during the period, with the yield on the five year Treasury note decreasing five basis points to 4.51% and the yield on the 10-year Treasury note increasing two basis points to 4.62%. Within the major sectors of the Lehman Brothers U.S. Aggregate Bond Index, mortgage backed securities were the top performers, while U.S. Treasuries were the worst. The fixed income allocation is structured around three fixed income indices. For the six month period, the best performer was the Lehman Brothers U.S. Aggregate Bond Index (up 2.64%), Lehman Brothers 1-3 Year Government Index (up 2.34%), and Lehman U.S. TIPS (Treasury Inflation Protected Securities) Index (up 2.07%). Consequently, the Fund's out of benchmark positions detracted from performances. The Fund's duration (i.e. sensitivity to changes in interest rates) is targeted to be less than the Lehman Brothers U.S. Aggregate Bond Index based on risk preferences of the Fund. For the period, short duration positioning detracted from overall performance. 81 - -------------------------------------------------------------------------------- Besides the asset allocation decision, the Fund's performance is also influenced by the performance of the underlying active fund mangers. In keeping with the Fund's long-term approach, we typically use cash flows to reallocate among the underlying funds. However, a hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was performed in November to align the actual allocations with our targets. WHAT IS THE OUTLOOK? Economic data continues to suggest weaker growth ahead, a trend that began in the first quarter of the year. Additionally, the Federal Reserve concluded at its March meeting that business executives are pessimistic about sales growth, which poses a downside risk to the economy. Other risks going forward include the potential effects of the ongoing troubles within the housing sector as well as persistently high energy and food costs, which could sap consumer spending. Although business activity has been sluggish, strong consumption supports growth. And while recent CPI data suggests some moderation in core inflation, inflationary pressures remain elevated. Unless these pressures ease, we believe it is unlikely that the Federal Reserve will cut rates in the foreseeable future, as many are anticipating. While we do not feel that the economy is headed for a recession, our outlook for growth and interest rates is biased to the lower side. While we intend to stay within a limited range about our target asset class ranges, we will make incremental changes to asset class and individual fund allocation according to our outlook and the Fund's objective to maximize total return for future retirees. Over a longer time horizon, as the Fund approaches its 2030 target retirement date, the Fund's allocation to equity will decrease while its allocation to fixed income will increase. COMPOSITION BY UNDERLYING FUND as of April 30, 2007
PERCENTAGE OF FUND NAME NET ASSETS - ------------------------------------------------------------------- Hartford Capital Appreciation Fund, Class Y 18.9% - ------------------------------------------------------------------- Hartford Disciplined Equity Fund, Class Y 7.3 - ------------------------------------------------------------------- Hartford Equity Income Fund, Class Y 4.2 - ------------------------------------------------------------------- Hartford Global Leaders Fund, Class Y 4.9 - ------------------------------------------------------------------- Hartford Growth Opportunities Fund, Class Y 3.8 - ------------------------------------------------------------------- Hartford Inflation Plus Fund, Class Y 4.6 - ------------------------------------------------------------------- Hartford International Opportunities Fund, Class Y 6.9 - ------------------------------------------------------------------- Hartford International Small Company Fund, Class Y 7.0 - ------------------------------------------------------------------- Hartford Select SmallCap Value Fund, Class Y 2.0 - ------------------------------------------------------------------- Hartford Short Duration Fund, Class Y 4.6 - ------------------------------------------------------------------- Hartford Small Company Fund, Class Y 4.7 - ------------------------------------------------------------------- Hartford Total Return Bond Fund, Class Y 12.1 - ------------------------------------------------------------------- Hartford Value Fund, Class Y 18.2 - ------------------------------------------------------------------- Other Assets & Liabilities 0.8 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
82 The Hartford Tax-Free California Fund (subadvised by Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS TO PROVIDE CURRENT INCOME EXEMPT FROM BOTH FEDERAL AND CALIFORNIA INCOME TAX. PERFORMANCE OVERVIEW(2) 10/31/02 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS CALIFORNIA MUNICIPAL TAX-FREE CALIFORNIA FUND BOND INDEX ------------------------ ------------------------------------ 10/31/02 9550 10000 9477 9985 9718 10166 9619 10116 9813 10269 9805 10274 4/03 9863 10339 10115 10587 10000 10506 9437 10111 9540 10193 9868 10486 9842 10448 9990 10575 10087 10660 10141 10725 10335 10903 10318 10878 4/04 10017 10608 9969 10568 10023 10636 10189 10777 10479 11013 10542 11072 10644 11186 10550 11104 10706 11247 10831 11375 10790 11340 10727 11264 4/05 10924 11449 11009 11532 11097 11617 11047 11574 11167 11701 11097 11631 11036 11556 11090 11614 11189 11714 11202 11749 11288 11837 11213 11758 4/06 11213 11740 11269 11800 11227 11758 11374 11909 11532 12089 11612 12167 11713 12253 11839 12362 11788 12315 11747 12290 11919 12453 11868 12417 4/07 11918 12460
--- TAX-FREE CALIFORNIA FUND --- LEHMAN BROTHERS CALIFORNIA MUNICIPAL $9,550 starting value BOND INDEX $11,918 ending value $10,000 starting value $12,460 ending value
LEHMAN BROTHERS CALIFORNIA MUNICIPAL BOND INDEX is an unmanaged index of municipal bonds issued by the State of California with maturities greater than two years. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - ---------------------------------------------------- California A# 10/31/2002 6.29% 5.05% - ---------------------------------------------------- California A## 10/31/2002 1.51% 3.98% - ---------------------------------------------------- California B# 10/31/2002 5.51% 4.27% - ---------------------------------------------------- California B## 10/31/2002 0.51% 3.88% - ---------------------------------------------------- California C# 10/31/2002 5.50% 4.30% - ---------------------------------------------------- California C## 10/31/2002 4.50% 4.30% - ----------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (2) Growth of a $10,000 investment in Classes B and C shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGER CHARLES GRANDE Executive Vice President CHRISTOPHER BADE Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Tax-Free California Fund returned 1.75%, before sales charge, for the six-month period ended April 30, 2007. In comparison, its benchmark, the Lehman Brothers California Municipal Bond Index, returned 1.70%. The Fund also outpaced the 1.62% average return of the Lipper California Municipal Debt Funds category, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Slower economic growth and weakness in the residential housing sector led the Federal Reserve Bank to continue to hold its target federal funds rate steady during the period, despite a slight up tick in inflation. Within the municipal bond market, weaker technical factors caused tax-exempt yields to rise all along the curve. However, yields on shorter-maturity bonds rose more than yields on longer maturity issues as a lack of strong retail demand for bonds with yields below 4% caused the short and intermediate portions of the curve to underperform. Long maturities, however, continued to enjoy the support of mutual funds, which were awash with new fund inflows, and non-traditional buyers such as crossover investors (i.e. investors that typically invest in taxable bonds who crossover to municipal bonds) and arbitrage and hedge funds. Given the relatively low level of interest rates, investors continued to reach for incremental yield by moving out longer on the municipal curve. Although the tax-exempt market slightly underperformed the taxable market, the municipal yield curve remained relatively steeper and unlike the Treasury curve, has not become inverted. Municipal issuance for the six-month period was up an impressive 32% compared to the same period one year earlier. New issue volume for the state of California has been on the rise as well, increasing 84% in the first four months of 2007. One of the primary drivers of the Fund's performance during the period was its yield-curve positioning. We emphasized the longer segment of the municipal curve, favoring bonds with maturities of 25 years and longer. This strategy helped increase returns as the long end of the curve outperformed the short end by approximately 10 basis points for the overall period. The Fund's 46% exposure to higher-yielding BBB and lower rated bonds also helped performance due to continued credit spread tightening (i.e. short and long term interest rates coming closer together) in this segment of the market. We balanced our high yield purchases with several A and AA rated bond purchases. We selectively added several special tax bonds (i.e. a bond secured by the special assessment taxes levied on certain real estate). Given 83 - -------------------------------------------------------------------------------- our concerns with the housing sector, we are only investing in the better quality bonds here and our purchases during the period are secured by good residential development projects that are in strong growth areas that are further along in construction and sales. The Fund's exposure to health care and education contributed positively to performance, as did tobacco bonds, which we continue to favor due to the incremental yield they offer as well as the improving legal environment of the sector. A lack of investment opportunities (away from special tax bonds) caused the Fund to hold a greater percentage of cash and floating-rate bonds than we would prefer. These short maturity positions were a drag on performance and hindered the Fund's ability to generate greater distribution yield. However, the Fund's exposure to insured paper was additive to performance given the ongoing flight-to-quality. Favorable credit conditions also contributed to positive performance. A stable economy within the State of California has resulted in good performance for the credits in our portfolio. The State continues to add jobs at a healthy pace and maintain a low unemployment rate. However, monthly homes sales growth has declined. We continue to closely monitor the housing situation and remain very selective when buying special tax bonds. Our underwriting standards in this sector have tightened up in response to our housing-related concerns. WHAT IS THE OUTLOOK? We are taking a cautious approach to the market as we expect technical conditions to remain weak. Supply is up 37% for the year and the forward calendar remains robust. Additionally, a flatter yield curve, low absolute rates and tight credit spreads are conducive to greater levels of issuance going forward. At the same time, demand is expected to remain firm, although some resistance could occur given the current low absolute yields. Given these expectations, we foresee further cheapening of the municipal market. We expect credit conditions to remain generally stable, especially within the State of California, and credit spreads to remain tight despite slower economic growth and more moderate revenue gains at the state and local levels. However, heightened concerns related to housing softness, higher energy costs and weakening manufacturing have caused credit spreads to modestly widen. As such, we believe the best of the current positive credit cycle is likely behind us and performance going forward will be more inconsistent. When possible, we will continue to trade up in credit quality to protect against credit-related underperformance should credit spreads widen again. We do not, however, expect the average rating for this Fund, which remains at A2, to change significantly. DISTRIBUTION BY CREDIT QUALITY as of April 30, 2007
PERCENTAGE OF RATING LONG-TERM HOLDINGS - ------------------------------------------------------------------- AAA 27.4% - ------------------------------------------------------------------- AA 8.4 - ------------------------------------------------------------------- A 14.4 - ------------------------------------------------------------------- BBB 23.8 - ------------------------------------------------------------------- NR 26.0 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- General Obligations 9.1 - ------------------------------------------------------------------- Health Care/Services 3.5 - ------------------------------------------------------------------- Higher Education (Univ., Dorms, etc.) 15.5 - ------------------------------------------------------------------- Housing (HFA's, etc.) 3.2 - ------------------------------------------------------------------- Land Development 4.5 - ------------------------------------------------------------------- Miscellaneous 13.2 - ------------------------------------------------------------------- Pollution Control 3.0 - ------------------------------------------------------------------- Public Facilities 2.2 - ------------------------------------------------------------------- Special Tax Assessment 9.8 - ------------------------------------------------------------------- Tax Allocation 20.8 - ------------------------------------------------------------------- Utilities -- Combined 0.8 - ------------------------------------------------------------------- Utilities -- Gas 0.9 - ------------------------------------------------------------------- Utilities -- Water and Sewer 4.7 - ------------------------------------------------------------------- Short-Term Investments 8.0 - ------------------------------------------------------------------- Other Assets & Liabilities 0.8 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
84 The Hartford Tax-Free Minnesota Fund (subadvised by Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS TO PROVIDE CURRENT INCOME EXEMPT FROM BOTH FEDERAL INCOME TAX AND MINNESOTA STATE PERSONAL INCOME TAX. PERFORMANCE OVERVIEW(1,3) 4/30/97 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS MUNICIPAL BOND TAX-FREE MINNESOTA FUND INDEX ----------------------- ------------------------------ 4/30/97 9550 10000 9675 10150 9773 10259 10004 10543 9894 10444 10002 10568 10063 10636 10115 10698 10255 10854 10346 10966 10329 10970 10332 10979 4/98 10276 10930 10437 11103 10469 11147 10492 11175 10694 11347 10828 11489 10780 11488 10824 11529 10846 11558 10950 11695 10900 11644 10890 11660 4/99 10923 11689 10837 11622 10699 11454 10730 11496 10655 11404 10643 11409 10524 11285 10621 11405 10567 11320 10513 11271 10644 11402 10820 11651 4/00 10756 11582 10693 11522 10928 11827 11065 11992 11225 12176 11161 12113 11288 12245 11371 12338 11681 12643 11752 12768 11802 12809 11883 12923 4/01 11723 12783 11863 12921 11930 13007 12106 13200 12284 13418 12230 13373 12393 13532 12238 13418 12112 13291 12285 13521 12348 13684 12139 13416 4/02 12363 13678 12423 13762 12566 13907 12710 14086 12843 14255 13111 14567 12846 14326 12755 14266 13055 14567 12994 14530 13192 14734 13181 14742 4/03 13235 14840 13588 15187 13514 15123 12972 14594 13053 14703 13490 15135 13390 15058 13547 15216 13681 15341 13736 15429 13948 15662 13926 15607 4/04 13588 15237 13553 15182 13583 15237 13761 15438 14045 15747 14131 15831 14242 15967 14108 15836 14289 16029 14403 16179 14349 16125 14254 16023 4/05 14462 16276 14563 16391 14626 16493 14549 16418 14710 16584 14588 16472 14479 16372 14549 16450 14653 16592 14687 16637 14779 16749 14684 16633 4/06 14674 16627 14751 16701 14699 16638 14852 16836 15065 17086 15173 17205 15255 17313 15362 17457 15310 17395 15270 17350 15454 17579 15429 17535 4/07 15452 17588
--- TAX-FREE MINNESOTA FUND --- LEHMAN BROTHERS MUNICIPAL BOND INDEX $9,550 starting value $10,000 starting value $15,452 ending value $17,588 ending value
LEHMAN BROTHERS MUNICIPAL BOND INDEX is an unmanaged index of municipal bonds with maturities greater than two years. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION 1 5 10 SINCE DATE YEAR YEAR YEAR INCEPTION - ------------------------------------------------------------------- Minnesota A#.......... 6/2/1986 5.30% 4.56% 4.93% 5.80% - ------------------------------------------------------------------- Minnesota A##......... 6/2/1986 0.56% 3.60% 4.44% 5.57% - ------------------------------------------------------------------- Minnesota B#.......... 11/14/1994 4.61% 3.80% NA* NA* - ------------------------------------------------------------------- Minnesota B##......... 11/14/1994 -0.39% 3.45% NA* NA* - ------------------------------------------------------------------- Minnesota C#.......... 11/14/1994 4.56% 3.81% 4.09% 4.72% - ------------------------------------------------------------------- Minnesota C##......... 11/14/1994 3.56% 3.81% 4.09% 4.72% - ------------------------------------------------------------------- Minnesota L#.......... 11/14/1994 5.33% 4.58% 4.88% 5.50% - ------------------------------------------------------------------- Minnesota L##......... 11/14/1994 0.59% 3.62% 4.40% 5.11% - ------------------------------------------------------------------- Minnesota Y#.......... 2/19/2002 5.36% 4.72% NA 4.67% - -------------------------------------------------------------------
# Without sales charge ## With sales charge NA Not Applicable * 10 year and inception returns are not applicable for Classes B, H and M because after 8 years Class B converts to Class A and Classes H and M convert to Class L. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Classes A, B and C were offered beginning on February 19, 2002. Performance prior to that date is that of the fund's Classes E, M and N shares, respectively, which have lower operating expenses. Performance prior to February 19, 2002 would have been lower if Classes A, B and C shares expenses were applied during that period. (2) The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, L and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGER CHARLES GRANDE Executive Vice President CHRISTOPHER BADE Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Tax-Free Minnesota Fund gained 1.29%, before sales charge, for the six-month period ended April 30, 2007, versus its benchmark, the Lehman Brothers Municipal Bond Index, which returned 1.58%, and the 1.42% average return of the Lipper Minnesota Municipal Debt Funds category, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Slower economic growth and weakness in the residential housing sector led the Federal Reserve Bank to continue to hold its target federal funds rate steady during the period, despite a slight up tick in inflation. Within the municipal bond market, weaker technical factors caused tax-exempt yields to rise all along the curve. However, yields on shorter-maturity bonds rose more than yields on longer maturity issues as a lack of strong retail demand for bonds with yields below 4% caused the short and intermediate portions of the curve to underperform. Long maturities, however, continued to enjoy the support of mutual funds, which were awash with new fund inflows, and non-traditional buyers such as crossover investors (i.e. investors that typically invest in taxable bonds who crossover to municipal bonds) and arbitrage and hedge funds. Given the relatively low level of interest rates, investors continued to reach for incremental yield by moving out longer on the municipal curve. Although the tax-exempt market slightly underperformed the taxable market, the municipal yield curve remained relatively steeper and unlike the Treasury curve, has not become inverted (i.e. short interest rates are higher than long interest rates). Municipal issuance for the six-month period was up an impressive 32% compared to the same period one year earlier. New issue volume for the state of Minnesota has been on the rise as well, increasing 14% in the first four months of 2007. One of the primary drivers of the Fund's performance during the period was its yield-curve positioning. We emphasized the longer segment of the municipal curve, favoring bonds with maturities of 25 years and longer. This strategy helped increase returns as the long end of the curve outperformed the short end by approximately 10 basis points for the overall period. The Fund's 40% exposure to high yield paper rated BBB and below also helped performance due to continued credit spread tightening (i.e. short and long term interest rates coming closer together) in this segment of the market. Conversely, owning less insured paper was 85 - -------------------------------------------------------------------------------- a drag on performance as we continue to experience a flight to-quality. Performance was also hindered by the fact that the Fund held no tobacco bonds, which continues to be a strong performing sector in our market. The state does not issue tobacco bonds and we remain negative on those issued by Puerto Rico. A significant exposure to health care and education continued to contribute positively to performance as these sectors continue to benefit from positive demographics and strong demand. We specifically favor charter school bonds because these schools continue to enjoy strong state support and growing acceptance as a better alternative to the local school system. The Fund remains close to capacity in health care holdings, however, which could limit its future ability to find incremental yield opportunities in this sector. Favorable credit conditions, especially within the State of Minnesota, also contributed to performance. Minnesota's fundamentally healthy economy continues to serve the state well with steady demographic trends, high personal income levels, and low unemployment. WHAT IS THE OUTLOOK? We are taking a cautious approach to the market as we expect technical conditions to remain weak. Supply is up 37% for the year and the forward calendar remains robust. Additionally, a flatter yield curve, low absolute rates and tight credit spreads are conducive to greater levels of issuance going forward. At the same time, demand is expected to remain firm, although some resistance could occur given the current low absolute yields. Given these expectations, we foresee further cheapening of the municipal market. We expect credit conditions to remain generally stable, especially within the State of Minnesota, and credit spreads to remain tight despite slower economic growth and more moderate revenue gains at the state and local levels. However, heightened concerns related to housing softness, higher energy costs and weakening manufacturing have caused credit spreads to modestly widen. As such, we believe the best of the current positive credit cycle is likely behind us and performance going forward will be more inconsistent. We will continue to be challenged with finding investment opportunities and incremental yield away from the Health Care sector, which is approaching its sector capacity, but will look for opportunities to swap out of low yielding health care bonds in favor of higher yielding bonds. The Minnesota State Senate recently approved in March a $1.0 billion increase in the state's income taxes (to be paid by the wealthiest citizens) to fund educational costs in the state, which could have favorable implications for many local school credits and public universities. However, the House has yet to pass the plan while Governor Pawlenty has stated he would veto it. The Governor's proposed budget for the next biennium forecasts revenues to increase 4.4%. It also forecasts spending to grow nearly 10%, including increased funding of 8% in education and 18% in health care. DISTRIBUTION BY CREDIT QUALITY as of April 30, 2007
PERCENTAGE OF RATING LONG-TERM HOLDINGS - ------------------------------------------------------------------- AAA 27.1% - ------------------------------------------------------------------- AA 11.8 - ------------------------------------------------------------------- A 21.2 - ------------------------------------------------------------------- BBB 25.9 - ------------------------------------------------------------------- NR 14.0 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Airport Revenues 4.3% - ------------------------------------------------------------------- General Obligations 14.8 - ------------------------------------------------------------------- Health Care/Services 26.7 - ------------------------------------------------------------------- Higher Education (Univ., Dorms, etc.) 20.4 - ------------------------------------------------------------------- Housing (HFA's, etc.) 7.9 - ------------------------------------------------------------------- Miscellaneous 1.4 - ------------------------------------------------------------------- Pollution Control 3.6 - ------------------------------------------------------------------- Public Facilities 6.2 - ------------------------------------------------------------------- Special Tax Assessment 3.3 - ------------------------------------------------------------------- Utilities -- Combined 0.8 - ------------------------------------------------------------------- Utilities -- Electric 4.2 - ------------------------------------------------------------------- Utilities -- Water and Sewer 3.0 - ------------------------------------------------------------------- Short-Term Investments 2.0 - ------------------------------------------------------------------- Other Assets & Liabilities 1.4 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
86 The Hartford Tax-Free National Fund (subadvised by Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS TO PROVIDE CURRENT INCOME EXEMPT FROM FEDERAL INCOME TAX. PERFORMANCE OVERVIEW(1,3) 4/30/97 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS MUNICIPAL BOND TAX-FREE NATIONAL FUND INDEX ---------------------- ------------------------------ 4/30/97 9550 10000 9689 10150 9793 10259 10113 10543 9955 10444 10086 10568 10145 10636 10196 10698 10370 10854 10476 10966 10451 10970 10436 10979 4/98 10346 10930 10544 11103 10564 11147 10574 11175 10756 11347 10890 11489 10853 11488 10882 11529 10912 11558 11021 11695 10953 11644 10934 11660 4/99 10975 11689 10877 11622 10688 11454 10719 11496 10620 11404 10611 11409 10460 11285 10583 11405 10513 11320 10452 11271 10598 11402 10807 11651 4/00 10737 11582 10667 11522 10933 11827 11073 11992 11246 12176 11176 12113 11297 12245 11376 12338 11734 12643 11814 12768 11840 12809 11938 12923 4/01 11723 12783 11854 12921 11939 13007 12128 13200 12386 13418 12314 13373 12480 13532 12317 13418 12144 13291 12366 13521 12483 13684 12209 13416 4/02 12473 13678 12579 13762 12718 13907 12891 14086 13053 14255 13365 14567 13088 14326 12972 14266 13322 14567 13230 14530 13460 14734 13441 14742 4/03 13557 14840 13937 15187 13832 15123 13195 14594 13326 14703 13725 15135 13635 15058 13799 15216 13946 15341 14042 15429 14265 15662 14236 15607 4/04 13877 15237 13823 15182 13870 15237 14072 15438 14378 15747 14465 15831 14603 15967 14481 15836 14674 16029 14828 16179 14769 16125 14659 16023 4/05 14919 16276 15049 16391 15149 16493 15089 16418 15257 16584 15143 16472 15056 16372 15154 16450 15286 16592 15325 16637 15432 16749 15347 16633 4/06 15342 16627 15421 16701 15389 16638 15569 16836 15820 17086 15957 17205 16081 17313 16225 17457 16167 17395 16152 17350 16332 17579 16300 17535 4/07 16338 17588
--- TAX-FREE NATIONAL FUND --- LEHMAN BROTHERS MUNICIPAL BOND INDEX $9,550 starting value $10,000 starting value $16,338 ending value $17,558 ending value
LEHMAN BROTHERS MUNICIPAL BOND INDEX is an unmanaged index of municipal bonds with maturities greater than two years. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION 1 5 10 SINCE DATE YEAR YEAR YEAR INCEPTION - ------------------------------------------------------------------ National A# 6/2/1986 6.50% 5.55% 5.51% 6.37% - ------------------------------------------------------------------ National A## 6/2/1986 1.71% 4.58% 5.03% 6.13% - ------------------------------------------------------------------ National B# 11/14/1994 5.66% 4.71% NA* NA* - ------------------------------------------------------------------ National B## 11/14/1994 0.66% 4.38% NA* NA* - ------------------------------------------------------------------ National C# 11/14/1994 5.64% 4.72% 4.62% 5.32% - ------------------------------------------------------------------ National C## 11/14/1994 4.64% 4.72% 4.62% 5.32% - ------------------------------------------------------------------ National L# 11/14/1994 6.36% 5.46% 5.38% 6.09% - ------------------------------------------------------------------ National L## 11/14/1994 1.57% 4.50% 4.90% 5.70% - ------------------------------------------------------------------ National Y# 2/19/2002 6.62% 5.78% NA 5.63% - ------------------------------------------------------------------
# Without sales charge ## With sales charge NA Not Applicable * 10 year and inception returns are not applicable for Classes B, H and M because after 8 years Class B converts to Class A and Classes H and M convert to Class L. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Classes A, B and C were offered beginning on February 19, 2002. Performance prior to that date is that of the fund's Classes E, M and N shares, respectively, which have lower operating expenses. Performance prior to February 19, 2002 would have been lower if Classes A, B and C shares expenses were applied during that period. (2) The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, L, and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGER CHARLES GRANDE Executive Vice President CHRISTOPHER BADE Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Tax-Free National Fund returned 1.60%, before sales charge, for the six-month period ended April 30, 2007. In comparison, its benchmark, the Lehman Brothers Municipal Bond Index, returned 1.58%. The Fund also outpaced the 1.44% average return of the Lipper General Municipal Debt Funds category, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Slower economic growth and weakness in the residential housing sector led the Federal Reserve Bank to continue to hold its target federal funds rate steady during the period, despite a slight up tick in inflation. Within the municipal bond market, weaker technical factors caused tax-exempt yields to rise all along the curve. However, yields on shorter-maturity bonds rose more than yields on longer maturity issues as a lack of strong retail demand for bonds with yields below 4% caused the short and intermediate portions of the curve to underperform. Long maturities, however, continued to enjoy the support of mutual funds, which were awash with new fund inflows, and non-traditional buyers such as crossover investors (i.e. investors that typically invest in taxable bonds who crossover to municipal bonds) and arbitrage and hedge funds. Given the relatively low level of interest rates, investors continued to reach for incremental yield by moving out longer on the municipal curve. Although the tax-exempt market slightly underperformed the taxable market, the municipal yield curve remained relatively steeper and unlike the Treasury curve, has not become inverted (i.e. short interest rates are higher than long interest rates). Municipal issuance for the six-month period was up an impressive 32% compared to the same period one year earlier. One of the primary drivers of the Fund's performance during the period was its yield-curve positioning. We emphasized the longer segment of the municipal curve, favoring bonds with maturities of 25 years and longer. This strategy helped increase returns as the long end of the curve outperformed the short end by approximately 10 basis points for the overall period. The Fund's 19% exposure to non-investment grade bonds also helped performance due to continued credit spread tightening (i.e. short and long term interest rates coming closer together) in this segment of the 87 - -------------------------------------------------------------------------------- market. We did, however, increase the Fund's exposure to high quality and insured paper, which was additive to performance given the ongoing flight-to-quality. Good security selection and a significant exposure to health care, education and special tax bonds (i.e. a bond secured by the special assessment taxes levied on certain real estate) contributed positively to performance as well. We specifically favor charter school bonds because these schools continue to enjoy strong state support and growing acceptance as a better alternative to the local school system. Although we remain cautious on exposure to the national housing slowdown, the special tax bonds we did purchase are secured by good residential development projects located in strong growth areas and are further along in construction and sales. Significant fund inflows and a lack of investment opportunities caused the Fund to hold a greater percentage of cash and floating-rate bonds than we would prefer. These short maturity positions were a drag on performance and hindered the Fund's ability to generate greater distribution yield. WHAT IS THE OUTLOOK? We are taking a cautious approach to the market as we expect technical conditions to remain weak. Supply is up 37% for the year and the forward calendar remains robust. Additionally, a flatter yield curve, low absolute rates and tight credit spreads are conducive to greater levels of issuance going forward. At the same time, demand is expected to remain firm, although some resistance could occur given the current low absolute yields. Given these expectations, we foresee further cheapening of the municipal market. We expect credit conditions to remain generally stable and credit spreads to remain tight despite slower economic growth and more moderate revenue gains at the state and local levels. However, heightened concerns related to housing softness, higher energy costs and weakening manufacturing have caused credit spreads to modestly widen. As such, we believe the best of the current positive credit cycle is likely behind us and performance going forward will be more inconsistent. We plan to increase the Fund's exposure to non-investment grade bonds but will do so selectively, particularly for special tax bonds. Our underwriting standards in this sector have tightened up in response to our concerns with the housing sector. Over the course of the period, we sold several lower investment grade bonds in favor of higher quality bonds, which caused the average credit rating for the Fund to improve from Baa1 to A3. We anticipate maintaining this rating level going forward. DISTRIBUTION BY CREDIT QUALITY as of April 30, 2007
PERCENTAGE OF RATING LONG-TERM HOLDINGS - ------------------------------------------------------------------- AAA 15.1% - ------------------------------------------------------------------- AA 12.6 - ------------------------------------------------------------------- A 20.1 - ------------------------------------------------------------------- BBB 23.0 - ------------------------------------------------------------------- BB 2.5 - ------------------------------------------------------------------- B 0.3 - ------------------------------------------------------------------- NR 26.4 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Airport Revenues 0.6% - ------------------------------------------------------------------- General Obligations 14.6 - ------------------------------------------------------------------- Health Care/Services 20.3 - ------------------------------------------------------------------- Higher Education (Univ., Dorms, etc.) 11.7 - ------------------------------------------------------------------- Housing (HFA's, etc.) 6.7 - ------------------------------------------------------------------- Industrial 1.8 - ------------------------------------------------------------------- Land Development 3.9 - ------------------------------------------------------------------- Miscellaneous 15.7 - ------------------------------------------------------------------- Pollution Control 3.2 - ------------------------------------------------------------------- Public Facilities 5.9 - ------------------------------------------------------------------- Refunded with U.S. Gov't Securities 0.6 - ------------------------------------------------------------------- Special Tax Assessment 1.0 - ------------------------------------------------------------------- Tax Allocation 1.8 - ------------------------------------------------------------------- Transportation 1.1 - ------------------------------------------------------------------- Utilities -- Electric 2.3 - ------------------------------------------------------------------- Utilities -- Water and Sewer 3.7 - ------------------------------------------------------------------- Short-Term Investments 4.4 - ------------------------------------------------------------------- Other Assets & Liabilities 0.7 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
88 - -------------------------------------------------------------------------------- DISTRIBUTION BY STATE as of April 30, 2007
PERCENTAGE OF STATE NET ASSETS - ------------------------------------------------------------------- Alabama 1.2% - ------------------------------------------------------------------- Alaska 1.2 - ------------------------------------------------------------------- Arizona 3.4 - ------------------------------------------------------------------- California 9.6 - ------------------------------------------------------------------- Colorado 4.5 - ------------------------------------------------------------------- Connecticut 0.6 - ------------------------------------------------------------------- Florida 9.4 - ------------------------------------------------------------------- Georgia 3.1 - ------------------------------------------------------------------- Idaho 0.6 - ------------------------------------------------------------------- Illinois 5.3 - ------------------------------------------------------------------- Indiana 1.2 - ------------------------------------------------------------------- Iowa 1.5 - ------------------------------------------------------------------- Kansas 2.0 - ------------------------------------------------------------------- Kentucky 0.1 - ------------------------------------------------------------------- Louisiana 0.3 - ------------------------------------------------------------------- Maryland 0.7 - ------------------------------------------------------------------- Massachusetts 0.7 - ------------------------------------------------------------------- Michigan 3.0 - ------------------------------------------------------------------- Minnesota 3.8 - ------------------------------------------------------------------- Mississippi 0.2 - ------------------------------------------------------------------- Missouri 1.9 - ------------------------------------------------------------------- Montana 0.4 - ------------------------------------------------------------------- Nevada 3.5 - ------------------------------------------------------------------- New Hampshire 1.1 - ------------------------------------------------------------------- New Jersey 2.7 - ------------------------------------------------------------------- New Mexico 1.0 - ------------------------------------------------------------------- New York 5.2 - ------------------------------------------------------------------- North Carolina 2.9 - ------------------------------------------------------------------- North Dakota 0.3 - ------------------------------------------------------------------- Ohio 1.1 - ------------------------------------------------------------------- Oklahoma 0.7 - ------------------------------------------------------------------- Other U.S. Territories 0.6 - ------------------------------------------------------------------- Pennsylvania 2.1 - ------------------------------------------------------------------- Rhode Island 4.6 - ------------------------------------------------------------------- South Carolina 3.6 - ------------------------------------------------------------------- Tennessee 1.6 - ------------------------------------------------------------------- Texas 3.3 - ------------------------------------------------------------------- Vermont 0.3 - ------------------------------------------------------------------- Virginia 2.5 - ------------------------------------------------------------------- Washington 2.8 - ------------------------------------------------------------------- Wisconsin 0.3 - ------------------------------------------------------------------- Short-Term Investments 4.4 - ------------------------------------------------------------------- Other Assets & Liabilities 0.7 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
89 The Hartford Tax-Free New York Fund (subadvised by Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS TO PROVIDE CURRENT INCOME EXEMPT FROM FEDERAL, NEW YORK STATE AND NEW YORK CITY INCOME TAX. PERFORMANCE OVERVIEW(2) 10/31/02 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS NEW YORK MUNICIPAL TAX-FREE NEW YORK FUND BOND INDEX ---------------------- ---------------------------------- 10/31/02 9550 10000 9473 9945 9733 10161 9661 10138 9832 10275 9850 10285 4/03 9937 10350 10257 10584 10169 10542 9644 10185 9753 10267 10098 10563 10031 10515 10171 10622 10320 10698 10385 10758 10577 10915 10538 10874 4/04 10225 10627 10165 10588 10197 10621 10351 10761 10589 10970 10672 11029 10785 11121 10667 11028 10822 11155 10937 11252 10893 11220 10819 11147 4/05 10987 11314 11074 11392 11170 11460 11128 11406 11235 11518 11149 11441 11073 11377 11117 11424 11216 11525 11240 11554 11340 11637 11258 11559 4/06 11250 11554 11297 11605 11256 11560 11393 11696 11574 11861 11677 11942 11760 12014 11873 12112 11833 12071 11804 12044 11940 12196 11900 12168 4/07 11937 12205
--- TAX-FREE NEW YORK FUND --- LEHMAN BROTHERS NEW YORK MUNICIPAL $9,550 starting value BOND INDEX $11,937 ending value $10,000 starting value $12,205 ending value
LEHMAN BROTHERS NEW YORK MUNICIPAL BOND INDEX is an unmanaged index of municipal bonds issued by the State of New York with maturities greater than two years. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR INCEPTION - -------------------------------------------------- New York A# 10/31/2002 6.10% 5.08% - -------------------------------------------------- New York A## 10/31/2002 1.32% 4.01% - -------------------------------------------------- New York B# 10/31/2002 5.31% 4.32% - -------------------------------------------------- New York B## 10/31/2002 0.31% 3.93% - -------------------------------------------------- New York C# 10/31/2002 5.32% 4.32% - -------------------------------------------------- New York C## 10/31/2002 4.32% 4.32% - --------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (2) Growth of a $10,000 investment in Classes B and C shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGER CHARLES GRANDE Executive Vice President CHRISTOPHER BADE Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Tax-Free New York Fund returned 1.50%, before sales charge, for the six-month period ended April 30, 2007. In comparison, its benchmark, the Lehman Brothers New York Municipal Bond Index, returned 1.58%. The Fund outpaced the 1.43% average return of the Lipper New York Municipal Debt Funds category, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Slower economic growth and weakness in the residential housing sector led the Federal Reserve Bank to continue to hold its target federal funds rate steady during the period, despite a slight up tick in inflation. Within the municipal bond market, weaker technical factors caused tax-exempt yields to rise all along the curve. However, yields on shorter-maturity bonds rose more than yields on longer maturity issues as a lack of strong retail demand for bonds with yields below 4% caused the short and intermediate portions of the curve to underperform. Long maturities, however, continued to enjoy the support of mutual funds, which were awash with new fund inflows, and non-traditional buyers such as crossover investors (i.e. investors that typically invest in taxable bonds who crossover to municipal bonds) and arbitrage and hedge funds. Given the relatively low level of interest rates, investors continued to reach for incremental yield by moving out longer on the municipal curve. Although the tax-exempt market slightly underperformed the taxable market, the municipal yield curve remained relatively steeper and unlike the Treasury curve, has not become inverted (i.e. short interest rates are higher than long interest rates). Municipal issuance for the six-month period was up an impressive 32% compared to the same period one year earlier. Issuance in the State of New York, however, has declined by 11% this year. One of the primary drivers of the Fund's performance during the period was its yield-curve positioning. We emphasized the longer segment of the municipal curve, favoring bonds with maturities of 20 years and longer. This strategy helped increase returns as the long end of the curve outperformed the short end by approximately 10 basis points for the overall period. Another positive for performance was an increase in the Fund's holdings of higher yielding bonds -- in particular, BBB and BB rated credits -- which benefited from continued credit spread tightening (i.e. short and long term interest rates coming closer together) during the period. However, the lack of non investment grade opportunities in New York resulted in the Fund holding less BB rated bonds than we would prefer, which was a drag on 90 - -------------------------------------------------------------------------------- performance as this segment of the market outperformed high-quality issues. The Fund's small allocation to insured paper also hindered returns as the ongoing flight-to-quality pushed prices on these securities higher. The Fund held a greater percentage of floating-rate bonds for a longer period of time than we would prefer due to lower fund inflows and fewer investment opportunities elsewhere. Our inability to sell these floating-rate securities in a timelier manner hurt performance and hindered the Fund's ability to generate greater distribution yield. On a more positive note, the Fund's significant exposure to the education, tobacco, and health care sectors continued to contribute positively to performance. We increased our exposure to non-rated charter school bonds because these schools continue to enjoy strong state support and growing acceptance as a better alternative to the local school system. Favorable rulings in the tobacco industry helped the Fund's tobacco bond holdings to perform well while health care and education holdings continued to benefit from positive demographic trends and strong demand. Favorable credit conditions within the State of New York also proved additive to performance. The state's economy remains stable, anchored by the strength of New York City, which enjoyed higher than forecasted revenue last year and higher profits for Wall Street firms. WHAT IS THE OUTLOOK? We are taking a cautious approach to the market as we expect technical conditions to remain weak. Supply is up 37% for the year and the forward calendar remains robust. Additionally, a flatter yield curve, low absolute rates and tight credit spreads are conducive to greater levels of issuance going forward. At the same time, demand is expected to remain firm, although some resistance could occur given the current low absolute yields. Given these expectations, we foresee further cheapening of the municipal market. We expect credit conditions to remain generally stable, especially within the State of New York, and credit spreads to remain tight despite slower economic growth and more moderate revenue gains at the state and local levels. However, heightened concerns related to housing softness, higher energy costs and weakening manufacturing have caused credit spreads to modestly widen. As such, we believe the best of the current positive credit cycle is likely behind us and performance going forward will be more inconsistent. New York State passed its $120.9 billion budget for the 2008 fiscal year on time, which represents a manageable 7% increase in spending. In addition, Governor Spitzer was able to pass several reform measures for both Medicaid and school aid, which should serve the state well going forward. We still prefer investing in the longer segment of the municipal curve for incremental yield. Given the low interest rate environment, however, we are cautious about purchasing longer bonds with coupons below 5% as these bonds present fewer opportunities to outperform in the future. As of the end of the period, the average credit rating for the Fund was A2. We do not expect this rating to change unless we find attractive investment opportunities in higher yielding, non-investment grade bonds. DISTRIBUTION BY CREDIT QUALITY as of April 30, 2007
PERCENTAGE OF RATING LONG-TERM HOLDINGS - ------------------------------------------------------------------- AAA 21.4% - ------------------------------------------------------------------- AA 19.6 - ------------------------------------------------------------------- A 23.3 - ------------------------------------------------------------------- BBB 26.0 - ------------------------------------------------------------------- BB 3.4 - ------------------------------------------------------------------- B 1.0 - ------------------------------------------------------------------- NR 5.3 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Airport Revenues 2.3% - ------------------------------------------------------------------- General Obligations 7.4 - ------------------------------------------------------------------- Health Care/Services 14.4 - ------------------------------------------------------------------- Higher Education (Univ., Dorms, etc.) 26.7 - ------------------------------------------------------------------- Industrial 4.3 - ------------------------------------------------------------------- Land Development 1.0 - ------------------------------------------------------------------- Miscellaneous 16.3 - ------------------------------------------------------------------- Pollution Control 6.5 - ------------------------------------------------------------------- Public Facilities 7.2 - ------------------------------------------------------------------- Special Tax Assessment 2.9 - ------------------------------------------------------------------- Transportation 2.9 - ------------------------------------------------------------------- Utilities -- Electric 1.6 - ------------------------------------------------------------------- Utilities -- Water and Sewer 2.9 - ------------------------------------------------------------------- Short-Term Investments 1.8 - ------------------------------------------------------------------- Other Assets & Liabilities 1.8 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
91 The Hartford Total Return Bond Fund (subadvised by Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS A COMPETITIVE TOTAL RETURN, WITH INCOME AS A SECONDARY OBJECTIVE. PERFORMANCE OVERVIEW(3) 4/30/97 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
LEHMAN BROTHERS U.S. AGGREGATE BOND TOTAL RETURN BOND FUND INDEX ---------------------- ----------------------------------- 4/30/97 9550 10000 9653 10095 9792 10215 10117 10491 10008 10402 10168 10556 10257 10709 10326 10758 10469 10867 10611 11006 10604 10997 10649 11034 4/98 10686 11092 10792 11197 10872 11292 10871 11316 10942 11500 11236 11770 11108 11707 11224 11774 11254 11809 11342 11893 11057 11685 11113 11749 4/99 11171 11787 11011 11683 10944 11646 10905 11597 10883 11591 10983 11725 11008 11769 11013 11768 10948 11711 10921 11673 11052 11814 11199 11970 4/00 11180 11935 11173 11929 11428 12177 11503 12288 11635 12466 11701 12545 11733 12627 11915 12835 12181 13073 12447 13286 12520 13402 12537 13469 4/01 12519 13412 12588 13493 12568 13544 12858 13848 13002 14007 13034 14169 13253 14465 13181 14266 13121 14174 13172 14289 13223 14428 13017 14188 4/02 13268 14464 13407 14586 13386 14712 13415 14890 13672 15142 13799 15387 13849 15316 13998 15311 14340 15628 14459 15642 14678 15858 14698 15846 4/03 14885 15977 15202 16275 15189 16242 14730 15696 14833 15800 15231 16219 15119 16068 15173 16106 15364 16270 15484 16401 15602 16579 15690 16703 4/04 15309 16268 15254 16203 15315 16295 15423 16456 15689 16770 15764 16816 15890 16957 15835 16821 15968 16976 16043 17083 15983 16982 15875 16895 4/05 16063 17123 16195 17308 16310 17403 16189 17244 16363 17466 16176 17286 16048 17149 16112 17225 16243 17388 16252 17389 16286 17447 16132 17276 4/06 16117 17245 16074 17226 16085 17263 16267 17496 16510 17764 16627 17920 16745 18039 16947 18248 16872 18142 16908 18134 17144 18414 17129 18415 4/07 17226 18514
--- TOTAL RETURN BOND FUND --- LEHMAN BROTHERS U.S. AGGREGATE BOND INDEX $9,550 starting value $10,000 starting value $17,226 ending value $18,514 ending value
LEHMAN BROTHERS U.S. AGGREGATE BOND INDEX is an unmanaged index and is composed of securities from the Lehman Brothers Government/Credit Bond Index, Mortgage-Backed Securities Index, Asset-Backed Securities Index and Commercial Mortgage-Backed Securities Index. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION 1 5 10 SINCE DATE YEAR YEAR YEAR INCEPTION - --------------------------------------------------------------------- Total Return A# 7/22/1996 6.89% 5.36% 6.07% 6.28% - --------------------------------------------------------------------- Total Return A## 7/22/1996 2.08% 4.39% 5.59% 5.82% - --------------------------------------------------------------------- Total Return B# 7/22/1996 6.00% 4.57% NA* NA* - --------------------------------------------------------------------- Total Return B## 7/22/1996 1.00% 4.24% NA* NA* - --------------------------------------------------------------------- Total Return C# 7/22/1996 6.10% 4.67% 5.35% 5.55% - --------------------------------------------------------------------- Total Return C## 7/22/1996 5.10% 4.67% 5.35% 5.55% - --------------------------------------------------------------------- Total Return I# 7/23/1996 7.19% 5.42% 6.10% 6.31% - --------------------------------------------------------------------- Total Return R3# 7/22/1996 7.02% 5.76% 6.53% 6.74% - --------------------------------------------------------------------- Total Return R4# 7/22/1996 7.10% 5.78% 6.54% 6.74% - --------------------------------------------------------------------- Total Return R5# 7/22/1996 7.18% 5.79% 6.55% 6.75% - --------------------------------------------------------------------- Total Return Y# 7/22/1996 7.35% 5.83% 6.57% 6.77% - ---------------------------------------------------------------------
# Without sales charge ## With sales charge NA Not Applicable * 10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Class C shares commenced operations on 7/31/98. Performance prior to 7/31/98 reflects Class B performance less Class C sales charges where applicable. Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I, R3, R4, R4 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGER NASRI TOUTOUNGI Managing Director - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Total Return Bond Fund returned 2.87%, before sales charge, for the six-month period ended April 30, 2007, versus its benchmark, the Lehman Brothers U.S. Aggregate Bond Index which gained 2.64%, and the 2.56% average return of the Lipper Intermediate Investment Grade Funds category, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? The Fund's overall outperformance was driven by a favorable combination of sector rotation (i.e. shifting of assets between different sectors), interest rate positioning, and security selection. Sector rotation was the largest positive contributor as strong performance in lower quality credit, specifically high yield and emerging markets, drove the Fund's returns throughout the period. These allocations were maintained against underweights (i.e. the Fund's sector position was less than the benchmark position) to U.S. Treasuries and agencies, which underperformed most sectors of the overall market. Interest rate risk was tactically managed, with the bulk of the outperformance driven by decisions early in the six-month period. Overall, these interest rate decisions drove performance more so than the Fund's yield curve positioning. In addition, security selection added modestly to the Fund's outperformance, helped by an overweight (i.e. the Fund's sector position was greater than the benchmark position) to longer maturity investment grade corporate bonds. WHAT IS THE OUTLOOK? The economy has experienced slower growth over the past two calendar quarters. Moderation in employment, consumer spending and business investment, driven in large part by weakness in the housing and manufacturing sectors, has contributed to this slowdown. Inflation still remains a concern for the Federal Open Market Committee (the "Federal Reserve"). Although core prices 92 - -------------------------------------------------------------------------------- have softened recently, they still remain above the Federal Reserve's "comfort range" of 1% to 2%. This, and the recent spike in gasoline prices, should keep the Federal Reserve's "balance of risks" focused on inflation over the coming months. In our view, if the economy continues to follow the Federal Reserve's outlook of moderately paced growth and an easing in core price pressures, changes in interest rate policy should remain on hold. As such, we see interest rates as range bound over the coming months. We remain positive on credit risk and see value in lower quality sectors like high yield and bank loans. We currently view the attractiveness of the investment grade corporate bond market as fair, though re-levering and leveraged buyout activity have increased risk in this part of the market. We have initiated and maintain an allocation to U.S. Treasury Inflation Protected Securities (TIPS) as headline inflation pressures, led by high gasoline prices, have increased the attractiveness of this sector. DISTRIBUTION BY CREDIT QUALITY as of April 30, 2007
PERCENTAGE OF LONG-TERM RATING HOLDINGS - ------------------------------------------------------------------- AAA 59.8% - ------------------------------------------------------------------- AA 3.4 - ------------------------------------------------------------------- A 10.6 - ------------------------------------------------------------------- BBB 9.6 - ------------------------------------------------------------------- BB 9.8 - ------------------------------------------------------------------- B 3.2 - ------------------------------------------------------------------- NR 3.6 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 1.9% - ------------------------------------------------------------------- Capital Goods 0.4 - ------------------------------------------------------------------- Consumer Cyclical 1.8 - ------------------------------------------------------------------- Consumer Staples 0.8 - ------------------------------------------------------------------- Energy 2.0 - ------------------------------------------------------------------- Finance 24.7 - ------------------------------------------------------------------- Foreign Governments 0.1 - ------------------------------------------------------------------- General Obligations 0.1 - ------------------------------------------------------------------- Health Care 2.1 - ------------------------------------------------------------------- Services 4.2 - ------------------------------------------------------------------- Technology 5.1 - ------------------------------------------------------------------- Transportation 0.6 - ------------------------------------------------------------------- U.S. Government Agencies 36.4 - ------------------------------------------------------------------- U.S. Government Securities 13.2 - ------------------------------------------------------------------- Utilities 1.6 - ------------------------------------------------------------------- Short-Term Investments 40.4 - ------------------------------------------------------------------- Other Assets & Liabilities -35.4 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
93 The Hartford U.S. Government Securities Fund (subadvised by Hartford Investment Management Company) INVESTMENT OBJECTIVE -- SEEKS TO PROVIDE CURRENT INCOME WHILE MAINTAINING PRESERVATION OF CAPITAL CONSISTENT WITH PRUDENT INVESTMENT RISK. PERFORMANCE OVERVIEW(1,3) 4/30/97 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
U.S. GOVERNMENT SECURITIES FUND LEHMAN BROTHERS U.S. GOV'T INDEX ------------------------------- -------------------------------- 4/30/97 9550 10000 9634 10086 9739 10199 9987 10489 9905 10385 10053 10541 10190 10724 10218 10779 10313 10891 10452 11054 10432 11024 10468 11056 4/98 10504 11105 10609 11219 10714 11347 10728 11365 10949 11660 11218 11974 11116 11934 11165 11938 11191 11964 11238 12034 11013 11748 11072 11794 4/99 11096 11820 10989 11717 10942 11693 10895 11676 10872 11676 11008 11771 11022 11790 11026 11773 10968 11697 10923 11713 11042 11880 11174 12089 4/00 11155 12055 11136 12063 11334 12278 11430 12397 11591 12580 11690 12616 11777 12737 11983 12987 12229 13246 12370 13380 12499 13532 12562 13579 4/01 12489 13441 12537 13485 12553 13547 12836 13872 12971 14044 13199 14289 13422 14658 13228 14329 13145 14204 13215 14296 13375 14428 13195 14114 4/02 13439 14451 13542 14537 13659 14741 13899 15064 14081 15363 14321 15723 14273 15597 14192 15462 14567 15837 14486 15797 14711 16052 14673 16006 4/03 14761 16080 15053 16498 14916 16411 14267 15733 14319 15821 14728 16281 14567 16049 14602 16068 14696 16210 14790 16344 14948 16540 15061 16686 4/04 14715 16184 14599 16124 14683 16189 14830 16340 15056 16658 15047 16692 15161 16825 15039 16625 15169 16774 15234 16879 15142 16760 15118 16704 4/05 15317 16972 15440 17168 15500 17265 15347 17057 15545 17308 15403 17104 15281 16983 15311 17060 15439 17218 15433 17189 15474 17216 15328 17061 4/06 15282 17014 15256 17017 15282 17065 15463 17268 15662 17512 15793 17668 15856 17760 16022 17941 15905 17817 15900 17795 16135 18069 16132 18074 4/07 16214 18164
--- U.S. GOVERNMENT SECURITIES FUND --- LEHMAN BROTHERS U.S. GOV'T INDEX $9,550 starting value $10,000 starting value $16,214 ending value $18,164 ending value
LEHMAN BROTHERS U.S. GOVERNMENT INDEX is an unmanaged index of government bonds with maturities of one year or more. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION 1 5 10 SINCE DATE YEAR YEAR YEAR INCEPTION - -------------------------------------------------------------------- U.S. Gov A# 2/28/1973 6.10% 3.83% 5.43% 7.41% - -------------------------------------------------------------------- U.S. Gov A## 2/28/1973 1.33% 2.87% 4.95% 7.27% - -------------------------------------------------------------------- U.S. Gov B# 11/14/1994 5.35% 3.09% NA* NA* - -------------------------------------------------------------------- U.S. Gov B## 11/14/1994 0.35% 2.74% NA* NA* - -------------------------------------------------------------------- U.S. Gov C# 11/14/1994 5.34% 3.09% 4.54% 5.07% - -------------------------------------------------------------------- U.S. Gov C## 11/14/1994 4.34% 3.09% 4.54% 5.07% - -------------------------------------------------------------------- U.S. Gov L# 11/14/1994 6.19% 3.93% 5.35% 5.88% - -------------------------------------------------------------------- U.S. Gov L## 11/14/1994 1.41% 2.97% 4.86% 5.49% - -------------------------------------------------------------------- U.S. Gov Y# 2/19/2002 5.93% 4.20% NA 4.20% - --------------------------------------------------------------------
# Without sales charge ## With sales charge NA Not Applicable * 10 year and inception returns are not applicable for Classes B, H and M because after 8 years Class B converts to Class A and Classes H and M convert to Class L. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Classes A, B and C were offered beginning on February 19, 2002. Performance prior to that date is that of the fund's Classes E, M and N shares, respectively, which have lower operating expenses. Performance prior to February 19, 2002 would have been lower if Classes A, B and C shares expenses were applied during that period. (2) The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, L, and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGER CHRISTOPHER HANLON Senior Vice President RUSSELL M. REGENAUER Senior Vice President - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford U.S. Government Securities Fund returned 2.26%, before sales charge, for the six-month period ended April 30, 2007. In comparison, its benchmark, the Lehman Brothers U.S. Government Index, returned 2.27%. The Fund outperformed the 2.20% average return of the Lipper General U.S. Government Securities Funds category, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Both sector allocation and security selection were positive contributors to the Fund's performance during the period. The most notable sector contributors were out-of-benchmark allocations to mortgage-backed securities (MBS), asset-backed securities (ABS), and Treasury Inflation Protected Securities (TIPS). During the period, we added exposure to all of these sectors, as well as to Small Business Administration (SBA) loans, while reducing the Fund's holdings in Treasuries and agencies. Higher coupon MBS were added on expectations of strong performance while holdings of agency hybrid adjustable-rate mortgage securities (ARMS) were increased as an attractive short-duration asset. Our expectations of higher energy prices and inflation led us to increase the Fund's exposure to TIPS to 3.5% of total holdings toward the end of the period. Allocations away from Treasuries and agencies also contributed to returns as these sectors underperformed most spread sectors (i.e. those fixed income sectors typically yielding that offer yield premiums over Treasurys) during the period. Within the MBS market, allocations to collateralized mortgage obligation (CMO) securities and higher coupon 30-year collateral (e.g. 6% and 6.5% coupons) added value, as did agency guaranteed hybrid ARMS. The Fund also benefited from positive security selection in agency securities, particularly 30-year paper, and in Treasury securities. 94 - -------------------------------------------------------------------------------- In terms of duration (i.e. sensitivity to changes in interest rates) positioning, the Fund had a slight bias toward higher interest rates at the beginning of the period. As rates increased in January, we began to further reduce the Fund's duration. Although this strategy was beneficial to performance in the fourth quarter of 2006 when rates were rising, it detracted from relative (i.e. performance of the Fund as measured against the benchmark) returns in the latter months of the period when softer economic data in late February and March and a flight-to-quality forced yields lower. The Fund was also positioned for a steeper Treasury yield curve. This posture proved additive to performance as the shape of the yield curve went from inverted at the beginning of the period to slightly positive later in the period on a flight-to-quality bid and worries of spillover effects from the troubled sub-prime mortgage sector into the broader housing market. WHAT IS THE OUTLOOK? We believe Treasury yields will remain in a narrow range in the near future, with a longer term bias towards a steeper yield curve. While the Fund has a modest yield curve steepening position in the two- to 10-year part of the curve, if an ease in Federal Reserve policy appears imminent, we will position the portfolio more aggressively. In this environment, we continue to favor MBS. Where spreads have widened due to sub-prime mortgage fears, however, we will look to opportunistically add A and BBB rated ABS securities. As of the end of the period, more than 97% of the Fund's assets were held in securities rated AAA or issued by the U.S. Government. Going forward, we will continue to maintain the Fund's high quality profile. DISTRIBUTION BY CREDIT QUALITY as of April 30, 2007
PERCENTAGE OF RATING LONG-TERM HOLDINGS - ------------------------------------------------------------------- AAA 99.8% - ------------------------------------------------------------------- BBB 0.2 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
DISTRIBUTION BY SECTOR as of April 30, 2007
PERCENTAGE OF CATEGORY SECTOR NET ASSETS - ------------------------------------------------------------------- Asset and Commercial Mortgage Backed Securities 7.6% - ------------------------------------------------------------------- Corporate Bonds: Investment Grade 0.2 - ------------------------------------------------------------------- Federal Home Loan Mortgage Corporation 19.9 - ------------------------------------------------------------------- Federal National Mortgage Association 42.8 - ------------------------------------------------------------------- Government National Mortgage Association 8.4 - ------------------------------------------------------------------- Other Direct Federal Obligations 3.6 - ------------------------------------------------------------------- Small Business Administration Participation Certificate 11.1 - ------------------------------------------------------------------- U.S. Treasury Securities 3.4 - ------------------------------------------------------------------- Short-Term Investments 7.5 - ------------------------------------------------------------------- Other Assets & Liabilities -4.1 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
95 The Hartford Value Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS LONG-TERM TOTAL RETURN. PERFORMANCE OVERVIEW(2) 4/30/01 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
VALUE FUND RUSSELL 1000 VALUE INDEX ---------- ------------------------ 4/30/01 9450 10000 9554 10225 9488 9998 9507 9977 9214 9577 8552 8903 8524 8826 9062 9339 9319 9559 9157 9486 9119 9501 9319 9950 4/02 8891 9609 8920 9657 8388 9103 7694 8256 7552 8319 6716 7394 7210 7942 7609 8442 7160 8076 6912 7881 6806 7670 6854 7683 4/03 7419 8359 7907 8899 7974 9010 8041 9144 8204 9286 8079 9196 8539 9759 8673 9891 9155 10501 9222 10685 9338 10914 9242 10819 4/04 9087 10554 9222 10662 9396 10914 9049 10760 9107 10913 9213 11082 9367 11267 9724 11836 10057 12233 9883 12016 10280 12414 10057 12243 4/05 9951 12024 10125 12314 10202 12448 10561 12809 10541 12753 10706 12932 10444 12603 10774 13018 10813 13096 11222 13604 11359 13687 11485 13873 4/06 11768 14225 11524 13866 11612 13954 11895 14294 12129 14533 12343 14823 12586 15308 12766 15657 13077 16009 13306 16213 13108 15961 13347 16207 4/07 13877 16806
--- VALUE FUND --- RUSSELL 1000 VALUE INDEX $9,450 starting value $10,000 starting value $13,877 ending value $16,806 ending value
RUSSELL 1000 VALUE INDEX measures the performance of those Russell 1000 Index companies with lower price-to-book ratios and lower forecasted growth values. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION SINCE DATE 1 YEAR 5 YEAR INCEPTION - ------------------------------------------------------- Value A# 4/30/2001 17.93% 9.31% 6.61% - ------------------------------------------------------- Value A## 4/30/2001 11.44% 8.08% 5.61% - ------------------------------------------------------- Value B# 4/30/2001 17.03% 8.53% 5.83% - ------------------------------------------------------- Value B## 4/30/2001 12.03% 8.24% 5.70% - ------------------------------------------------------- Value C# 4/30/2001 17.03% 8.51% 5.83% - ------------------------------------------------------- Value C## 4/30/2001 16.03% 8.51% 5.83% - ------------------------------------------------------- Value R3# 4/30/2001 18.13% 9.60% 6.93% - ------------------------------------------------------- Value R4# 4/30/2001 18.22% 9.62% 6.94% - ------------------------------------------------------- Value R5# 4/30/2001 18.40% 9.65% 6.97% - ------------------------------------------------------- Value Y# 4/30/2001 18.49% 9.67% 6.98% - -------------------------------------------------------
# Without sales charge ## With sales charge PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. PORTFOLIO MANAGER JOHN R. RYAN, CFA Senior Vice President, Managing Partner - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Value Fund returned 10.25%, before sales charge, for the six-month period ended April 30, 2007, outperforming its benchmark, the Russell 1000 Value Index, which returned 9.79% for the same period. The Fund also outperformed the 9.17% return of the average fund in the Lipper Large Cap Value Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? During the period, U.S. equities posted strong positive returns. Continuing the trend of the last seven years, value-oriented stocks outperformed growth-oriented stocks, measured by the Russell 1000 Value Index (9.79%) versus the Russell 1000 Growth Index (8.42%). All ten broad industry sectors of the Fund's Russell 1000 Value Index benchmark posted positive returns, with Utilities (19.64%) and Materials (18.65%) leading the way. In a reversal of prior trends, large cap stocks outperformed small cap stocks but underperformed mid cap stocks. The Russell 2000 Small Cap Index returned (6.86%), compared to the S&P 500 Index return of (8.60%) and the S&P 400 Mid Cap Index return of (11.98%). The primary driver of absolute (i.e. total return) and benchmark relative (i.e. performance of the Fund as measured against the benchmark) returns was strong positive stock selection. Stock selection was strongest within Consumer Staples, Health Care and Utilities. Sector allocation had little impact on performance. The top three absolute contributors to performance were Exxon Mobil (Energy), AT&T (Telecommunication Services) and Supervalu (Consumer Staples). Additionally, on a benchmark relative basis, National-Oilwell (Energy) and Tyson Foods (Consumer Staples) were significant contributors. Exxon Mobil's shares climbed due to high demand for energy and higher prices. AT&T's shares benefited from its much anticipated merger with BellSouth. Supervalu's shares rose following the completion of its acquisition of 1,100 stores from Albertson's. As a result of the acquisition, the market believes the company will be able to improve distribution and cut costs. National Oilwell's margins increased on strong revenue growth despite the pullback in oil prices. Tyson Foods' shares benefited from a better than expected quarter due to operational improvements in beef and significant company-wide cost savings. We owned these stocks at the end of the period. The three largest detractors from benchmark relative returns were Motorola (Telecommunication Services), Gap (Consumer Discretionary) and Bank of America (Financials). Additionally, not owning strong performing Valero Energy (Energy) also detracted from relative performance. Motorola's shares fell on concerns about their product line as the RAZR phone matures and as competitors gain traction in the cell phone market. We eliminated our position in Motorola during the period. Retailer Gap 96 - -------------------------------------------------------------------------------- underperformed as management continues to restructure both the Gap and Old Navy divisions. The company faced sluggish sales and negative traffic trends. Bank of America's shares weakened following management's report that net fee income was lower than expected, driven mainly by softness in credit cards. We held onto our positions in Gap and Bank of America at the end of the period. WHAT IS THE OUTLOOK? While global economic growth appears to be on track, there clearly has been a deceleration in the U.S. We continue to anticipate 2-3% domestic GDP growth, with global growth above of 3% and global profit growth in the single digits. Overall, the inflation picture is mixed, as the recovery in oil prices and increases in grain prices predict increased pressure on inflation and interest rates. The biggest negative in the economy is housing, which was overbuilt and clearly is correcting. However, we consider physical statistics such as freight volumes and airline passenger figures as more useful gauges of the overall health of the economy, and so far these measures point toward steady but slowing growth. Recently, the market has punished caution and rewarded risk, but we may be entering a period where risk is more efficiently priced. We are positioned for continued global growth, but have taken cyclical exposure off the table on the margin by buying consumer staples companies and selling more economically sensitive names. At the end of the period, relative to the Russell 1000 Value Index, the Fund was overweight (i.e. the Fund's sector position was greater than the benchmark position) Consumer Staples, Industrials, Information Technology and Energy and underweight (i.e. the Fund's sector position was less than the benchmark position) Financials, Consumer Discretionary, Utilities, Materials, Telecommunication Services and Health Care. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 5.4% - ------------------------------------------------------------------- Capital Goods 7.4 - ------------------------------------------------------------------- Consumer Cyclical 8.5 - ------------------------------------------------------------------- Consumer Staples 5.9 - ------------------------------------------------------------------- Energy 11.5 - ------------------------------------------------------------------- Finance 30.0 - ------------------------------------------------------------------- Health Care 6.9 - ------------------------------------------------------------------- Services 2.7 - ------------------------------------------------------------------- Technology 14.3 - ------------------------------------------------------------------- Transportation 2.1 - ------------------------------------------------------------------- Utilities 4.0 - ------------------------------------------------------------------- Short-Term Investments 7.7 - ------------------------------------------------------------------- Other Assets & Liabilities -6.4 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
97 The Hartford Value Opportunities Fund (subadvised by Wellington Management Company, LLP) INVESTMENT OBJECTIVE -- SEEKS SHORT- AND LONG-TERM CAPITAL APPRECIATION. PERFORMANCE OVERVIEW(1,3) 4/30/97 - 4/30/07 Growth of a $10,000 investment in Class A which includes Sales Charge (LINE GRAPH)
VALUE OPPORTUNITIES FUND RUSSELL 3000 VALUE INDEX RUSSELL 1000 VALUE INDEX ------------------------ ------------------------ ------------------------ 4/30/97 9450 10000 10000 9998 10582 10559 10245 11044 11012 10809 11839 11840 10431 11476 11418 10925 12176 12108 10616 11837 11770 11079 12321 12290 11284 12686 12649 11352 12501 12470 12013 13335 13310 12493 14124 14124 4/98 12528 14216 14218 12245 13977 14007 12390 14132 14187 11944 13806 13937 10168 11742 11863 10563 12415 12543 11215 13327 13515 11858 13927 14145 12229 14399 14626 12400 14479 14743 12068 14215 14535 12381 14479 14836 4/99 13237 15829 16221 12932 15701 16043 13446 16165 16509 13027 15698 16025 12619 15117 15431 12096 14605 14891 12628 15363 15749 12638 15257 15625 13310 15356 15701 12779 14862 15189 12054 13893 14060 13892 15465 15776 4/00 13995 15303 15592 14178 15438 15756 13300 14810 15036 13576 15016 15225 14608 15840 16072 14230 15970 16219 15333 16333 16617 14796 15744 16001 15818 16590 16802 16571 16681 16867 16076 16246 16398 15245 15694 15818 4/01 16391 16461 16594 16402 16834 16967 16256 16534 16591 15795 16475 16555 14942 15856 15892 13268 14696 14774 13470 14604 14646 14465 15466 15498 15187 15872 15863 14742 15774 15741 14633 15804 15766 15114 16584 16512 4/02 14128 16103 15946 13792 16134 16026 12517 15253 15105 11435 13772 13701 11615 13865 13805 10221 12361 12270 11134 13224 13179 12024 14073 14009 11303 13462 13401 11026 13132 13076 10689 12776 12728 10677 12805 12749 4/03 11928 13938 13871 12854 14874 14766 12998 15065 14951 13166 15328 15173 13732 15592 15410 13732 15438 15260 14609 16406 16193 15090 16660 16413 15920 17654 17425 16437 17987 17731 16750 18370 18111 16473 18241 17953 4/04 16064 17756 17514 16209 17939 17693 16665 18401 18111 16088 18092 17855 16136 18343 18109 16449 18663 18390 16906 18972 18696 17832 19992 19641 18770 20645 20299 18217 20241 19938 18842 20889 20599 18553 20590 20317 4/05 17892 20163 19953 18649 20709 20433 19034 20994 20657 19587 21653 21254 19527 21522 21162 19311 21795 21459 18710 21242 20914 19769 21954 21602 20179 22059 21731 20960 23000 22575 21010 23128 22712 21233 23514 23020 4/06 21841 24061 23605 21146 23418 23009 20984 23580 23156 20798 24069 23719 21245 24501 24116 21729 24967 24596 22659 25825 25402 23443 26428 25981 23759 26988 26565 24304 27338 26904 24290 26920 26485 24467 27328 26894 4/07 25353 28272 27888
--- VALUE OPPORTUNITIES --- RUSSELL 3000 VALUE -- RUSSELL 1000 VALUE INDEX FUND INDEX $10,000 starting value $9,450 starting value $10,000 starting value $27,888 ending value $25,353 ending value $28,272 ending value
RUSSELL 3000 VALUE INDEX is an unmanaged index measuring the performance of those Russell 3000 Index companies with lower price-to-book ratios and lower forecasted growth values. RUSSELL 1000 VALUE INDEX is a market cap weighted measure of the performance of the 1,000 largest value-oriented companies in the Russell 3000 Index, which represents approximately 92% of the total market capitalization of the Russell 3000 Index. Value is defined as companies with lower price-to-book ratios and lower forecasted growth values. You cannot invest directly in an index. The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus. PORTFOLIO MANAGERS DAVID R. FASSNACHT, CFA Senior Vice President, Partner JAMES N. MORDY Senior Vice President, Partner DAVID W. PALMER, CFA Vice President AVERAGE ANNUAL TOTAL RETURNS(1,2) (as of 04/30/07)
INCEPTION 1 5 10 SINCE DATE YEAR YEAR YEAR INCEPTION - -------------------------------------------------------------------- Value Opp A# 1/2/1996 16.09% 12.40% 10.37% 11.29% - -------------------------------------------------------------------- Value Opp A## 1/2/1996 9.70% 11.14% 9.74% 10.74% - -------------------------------------------------------------------- Value Opp B# 1/2/1996 15.18% 11.59% NA* NA* - -------------------------------------------------------------------- Value Opp B## 1/2/1996 10.18% 11.33% NA* NA* - -------------------------------------------------------------------- Value Opp C# 1/2/1996 15.20% 11.61% 9.55% 10.48% - -------------------------------------------------------------------- Value Opp C## 1/2/1996 14.20% 11.61% 9.55% 10.48% - -------------------------------------------------------------------- Value Opp I# 2/19/2002 16.29% 12.44% NA 11.99% - -------------------------------------------------------------------- Value Opp L# 1/2/1996 16.22% 12.46% 10.41% 11.33% - -------------------------------------------------------------------- Value Opp L## 1/2/1996 10.70% 11.37% 9.87% 10.85% - -------------------------------------------------------------------- Value Opp R3# 2/19/2002 15.99% 12.66% NA 11.81% - -------------------------------------------------------------------- Value Opp R4# 2/19/2002 16.11% 12.68% NA 11.83% - -------------------------------------------------------------------- Value Opp R5# 2/19/2002 16.24% 12.71% NA 11.86% - -------------------------------------------------------------------- Value Opp Y# 2/19/2002 16.72% 12.80% NA 11.95% - --------------------------------------------------------------------
# Without sales charge ## With sales charge NA Not Applicable * 10 year and inception returns are not applicable for Classes B, H and M because after 8 years Class B converts to Class A and Classes H and M convert to Class L. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. (1) Classes A, B and C were offered beginning on February 19, 2002. Performance prior to that date is that of the fund's Classes L, M and N shares, respectively, which have lower operating expenses. Performance prior to February 19, 2002 would have been lower if Classes A, B and C shares expenses were applied during that period. Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance. (2) The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC. (3) Growth of a $10,000 investment in Classes B, C, I, L, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes. - -------------------------------------------------------------------------------- HOW DID THE FUND PERFORM? The Class A shares of The Hartford Value Opportunities Fund returned 11.89%, before sales charge, for the six-month period ended April 30, 2007, outperforming its benchmark, the Russell 3000 Value Index, which returned 9.48% for the same period. The Fund also outperformed the 9.70% return of the average fund in the Lipper Multi Cap Value Funds peer group, a group of funds with investment strategies similar to those of the Fund. WHY DID THE FUND PERFORM THIS WAY? Improved investor sentiment regarding the global economy and moderating inflation concerns helped global equity returns during the period. In this environment, the Russell 3000 Index returned 8.90% during the period, with value stocks, as measured by the Russell 3000 Value Index, outperforming growth stocks, as measured by the Russell 3000 Growth Index, by a margin of 1.14%. Large caps outperformed small cap stocks, as indicated by the 8.60% return of the S&P 500 Index versus the 6.86% return of the Russell 2000 Index, but underperformed mid cap stocks, as measured by the 11.98% return of the S&P 400 Midcap Index. All ten broad sectors of the Russell 3000 Value Index posted positive returns, with Materials and Utilities leading the way. Stock selection continued to be the primary driver of the Fund's relative (i.e. performance of the Fund as measured against the benchmark) performance, and was particularly strong in the Materials, Consumer Discretionary, Information Technology and Consumer Staples sectors. Sector allocation had limited impact on the Fund during the period. We benefited from our overweight (i.e. the Fund's sector position was greater than the benchmark position) position, relative to the benchmark, in Materials and our underweight (i.e. the Fund's sector position was less than the 98 - -------------------------------------------------------------------------------- benchmark position) position in Financials but were hurt by an underweight in Utilities and overweight in Information Technology. Our top contributors to both absolute (i.e. total return) and benchmark relative performance were Owens-Illinois (Materials), Goodrich (Industrials) and American Axle & Manufacturing (Consumer Discretionary). Packaging company Owens-Illinois' stock surged during the period, reacting to management's comments that it would begin to focus heavily on recovering pricing power, reducing financial leverage, and divesting its specialty plastics business. Goodrich's shares benefited as the company continued to deliver on the turnaround in its Airframes business and increased its cash flow guidance. American Axle's shares rose due to improved sentiment on auto parts as investors began to look out beyond difficult first half 2007 Big Three unit production comparisons. We continued to hold positions in all three of these stocks at the end of the period. The Fund suffered a few stock disappointments during the period. The largest detractors from both absolute and benchmark relative performance were Industrial stocks US Airways and UAL, whose shares declined due to general weakness in airline stocks and the failed Delta takeover which dampened the industry's consolidation story. Financial stocks Capital One and Bank of America also disappointed during the period. Capital One's shares fell due to a decline in the company's core earnings which were hurt by higher than expected earnings dilution from the recent North Fork Bank purchase. Bank of America's shares lagged as the market worried that management would make an acquisition -- fears which were confirmed by Bank of America's April announcement of its proposed deal to buy La Salle Bank from ABN-Amro. We owned the four stocks at the end of the period. WHAT IS THE OUTLOOK? The anticipated moderation of U.S. economic growth in the first half of 2007 appears to have arrived, as predicted by the downturn in leading economic indicators for the G7 countries beginning in mid-2006. At the same time, leading indicators in the developing BRIC (Brazil, Russia, India and China) countries have been on the rise, encouraging a performance split in the stock market between those equities viewed as precariously exposed to a slowing U.S. consumer and those seen as beneficially exposed to voracious developing world expansion. Overall, we see US economic activity slowing, but not stalling, during the remainder of the year, resulting in moderate earnings growth for the market as a whole. Against this backdrop, we have moved in a measured fashion to add to or initiate positions in certain names which we consider to have been overly punished by worries around consumer sentiment, inventory correction or housing market spillover. The Fund's overweight positions relative to the benchmark are in Information Technology, Consumer Discretionary (though we reduced some of the Consumer positions by selling into strength during the period), Industrials, Materials and Health Care. Conversely, the Fund's largest underweight position relative to the benchmark continues to be in Financials, which we consider unattractive given above-average historical valuations, rising credit costs, and challenging top-line growth prospects. The Fund also maintains underweight positioning in sectors considered more stable, such as Utilities, Consumer Staples, Telecommunication Services and Energy as we feel investors' flight-to-safety, as well as the persistent leveraged buyout fund interest in leveraging stable cash flow models, has driven these stocks to unattractive valuations relative to their future growth opportunities. DIVERSIFICATION BY INDUSTRY as of April 30, 2007
PERCENTAGE OF INDUSTRY NET ASSETS - ------------------------------------------------------------------- Basic Materials 8.0% - ------------------------------------------------------------------- Capital Goods 6.4 - ------------------------------------------------------------------- Consumer Cyclical 7.7 - ------------------------------------------------------------------- Consumer Staples 3.3 - ------------------------------------------------------------------- Energy 9.2 - ------------------------------------------------------------------- Finance 27.2 - ------------------------------------------------------------------- Health Care 7.7 - ------------------------------------------------------------------- Services 6.8 - ------------------------------------------------------------------- Technology 19.1 - ------------------------------------------------------------------- Transportation 2.4 - ------------------------------------------------------------------- Short-Term Investments 6.7 - ------------------------------------------------------------------- Other Assets & Liabilities -4.5 - ------------------------------------------------------------------- TOTAL 100.0% - -------------------------------------------------------------------
99 THE HARTFORD ADVISERS FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - ------------ ---------- COMMON STOCK -- 67.2% BASIC MATERIALS -- 3.7% 385 Alcoa, Inc. ...................................... $ 13,678 141 Arcelor Mittal (G)................................ 7,506 166 Cameco Corp. ..................................... 7,748 205 Companhia Vale do Rio Doce ADR.................... 8,309 184 Freeport-McMoRan Copper & Gold, Inc. ............. 12,371 175 Newmont Mining Corp. ............................. 7,302 210 SXR Uranium One, Inc. (D)......................... 3,151 ---------- 60,065 ---------- CAPITAL GOODS -- 1.6% 30 American Standard Cos., Inc. ..................... 1,652 165 Caterpillar, Inc. ................................ 11,968 112 Deere & Co. ...................................... 12,242 ---------- 25,862 ---------- CONSUMER CYCLICAL -- 4.5% 175 Best Buy Co., Inc. ............................... 8,173 446 Circuit City Stores, Inc. (G)..................... 7,784 508 D.R. Horton, Inc. ................................ 11,276 173 Home Depot, Inc. ................................. 6,563 510 Lowe's Cos., Inc. ................................ 15,570 211 Supervalu, Inc. .................................. 9,676 311 Wal-Mart Stores, Inc. ............................ 14,918 ---------- 73,960 ---------- CONSUMER STAPLES -- 4.8% 131 Bunge Ltd. Finance Corp. ......................... 9,917 2 Japan Tobacco, Inc. (A)........................... 9,344 343 Kraft Foods, Inc. ................................ 11,487 286 PepsiCo, Inc. .................................... 18,869 439 Procter & Gamble Co. ............................. 28,251 ---------- 77,868 ---------- ENERGY -- 5.0% 88 CNOOC Ltd. ADR (G)................................ 7,504 78 ConocoPhillips Holding Co. ....................... 5,395 239 EnCana Corp. ..................................... 12,541 181 Exxon Mobil Corp. ................................ 14,352 406 Halliburton Co. .................................. 12,903 235 OAO Gazprom ADR (K)............................... 9,353 263 Occidental Petroleum Corp. ....................... 13,329 110 XTO Energy, Inc. ................................. 5,949 ---------- 81,326 ---------- FINANCE -- 15.7% 1,017 Akbank T.A.S (A)(G)............................... 7,320 380 American International Group, Inc. ............... 26,599 966 Amvescap plc (A).................................. 11,334 440 Bank of America Corp. ............................ 22,374 196 Bank of New York Co., Inc. ....................... 7,934 342 Capital One Financial Corp. ...................... 25,389 484 Citigroup, Inc. .................................. 25,937 151 Commerce Bancorp, Inc. (G)........................ 5,033 355 Countrywide Financial Corp. ...................... 13,178 451 E*Trade Financial Corp. (D)....................... 9,967 75 Goldman Sachs Group, Inc. ........................ 16,439
MARKET SHARES VALUE (W) - ------------ ---------- FINANCE -- (CONTINUED) 242 ING Groep N.V. ADR................................ $ 11,024 1 Mitsubishi UFJ Financial Group, Inc. (A).......... 5,711 215 State Street Corp. ............................... 14,821 287 UBS AG............................................ 18,622 368 UnitedHealth Group, Inc. ......................... 19,542 665 Western Union Co. ................................ 14,002 ---------- 255,226 ---------- HEALTH CARE -- 7.0% 179 Abbott Laboratories #............................. 10,118 100 AstraZeneca plc (A)............................... 5,438 688 Boston Scientific Corp. (D)....................... 10,618 346 Bristol-Myers Squibb Co. ......................... 9,988 860 Elan Corp. plc ADR (D)............................ 11,938 354 Eli Lilly & Co. .................................. 20,914 90 Merck & Co., Inc. ................................ 4,619 343 Sanofi-Aventis S.A. ADR........................... 15,739 370 Schering-Plough Corp. ............................ 11,734 364 Shionogi & Co., Ltd. (A)(G)....................... 7,094 114 Wyeth............................................. 6,327 ---------- 114,527 ---------- SERVICES -- 5.6% 220 Accenture Ltd. Class A............................ 8,590 298 KBR, Inc. (D)..................................... 6,162 109 Monster Worldwide, Inc. (D)....................... 4,592 742 Time Warner, Inc. ................................ 15,299 351 United Parcel Service, Inc. Class B............... 24,700 232 Viacom, Inc. Class B (D).......................... 9,551 296 Waste Management, Inc. ........................... 11,088 903 XM Satellite Radio Holdings, Inc. Class A (D)(G).......................................... 10,569 ---------- 90,551 ---------- TECHNOLOGY -- 18.9% 117 Activision, Inc. (D)(G)........................... 2,334 182 Apple, Inc. (D)................................... 18,204 714 AT&T, Inc. ....................................... 27,643 916 Cisco Systems, Inc. (D)........................... 24,491 480 Corning, Inc. (D)................................. 11,378 1,176 EMC Corp. (D)..................................... 17,855 639 Flextronics International Ltd. (D)(G)............. 7,126 1,511 General Electric Co. #............................ 55,688 39 Google, Inc. (D).................................. 18,242 329 Maxim Integrated Products, Inc. .................. 10,436 374 Medtronic, Inc. .................................. 19,806 79 NII Holdings, Inc. Class B (D).................... 6,048 708 Oracle Corp. (D).................................. 13,305 65 Research In Motion Ltd. (D)....................... 8,526 9 Samsung Electronics Co., Ltd. (A)................. 5,392 227 Sharp Corp. (A)................................... 4,166 911 Sprint Nextel Corp. .............................. 18,241 428 Texas Instruments, Inc. .......................... 14,717 117 Whirlpool Corp. .................................. 12,406 416 Yahoo!, Inc. (D).................................. 11,676 ---------- 307,680 ----------
The accompanying notes are an integral part of these financial statements. 100 - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - ------------ ---------- COMMON STOCK -- (CONTINUED) UTILITIES -- 0.4% 47 E.On AG (A)(G).................................... $ 7,029 ---------- Total common stock (cost $1,013,760)............................... $1,094,094 ---------- PRINCIPAL AMOUNT - ------------ MUNICIPAL BONDS -- 0.2% GENERAL OBLIGATIONS -- 0.2% $ 2,000 Oregon School Boards Association, Taxable Pension, 4.76%, 06/30/2028............................... $ 1,852 2,050 State of Illinois, Taxable Pension, 5.10%, 06/01/2033............................... 1,963 ---------- Total municipal bonds (cost $4,028)................................... $ 3,815 ---------- ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES -- 5.8% FINANCE -- 5.8% 5,000 Advanta Business Card Master Trust, 5.30%, 05/21/2012............................... $ 5,033 1,380 Banc of America Commercial Mortgage, Inc., 5.18%, 09/10/2047 (L)........................... 1,374 1,360 Banc of America Commercial Mortgage, Inc., 5.45%, 01/15/2049............................... 1,364 1,755 Bear Stearns Commercial Mortgage Securities, Inc., 5.16%, 10/12/2042 (L)........................... 1,743 730 Bear Stearns Commercial Mortgage Securities, Inc., 5.47%, 04/12/2038 (L)........................... 742 655 Centex Home Equity, 4.72%, 10/25/2031............................... 651 2,750 Citigroup/Deutsche Bank Commercial Mortgage Trust, 5.23%, 07/15/2044 (L)........................... 2,748 2,750 Commercial Mortgage Pass-Through Certificates, 5.12%, 06/10/2044............................... 2,712 10,000 Connecticut RRB Special Purpose Trust CL&P, 6.21%, 12/30/2011............................... 10,312 779 Countrywide Home Loans, Inc., 5.27%, 11/25/2035 (L)........................... 778 1,505 Credit Suisse Mortgage Capital Certificates, 5.47%, 09/15/2039............................... 1,512 2,730 Credit Suisse Mortgage Capital Certificates, 5.56%, 02/15/2039 (L)........................... 2,765
PRINCIPAL MARKET AMOUNT VALUE (W) - ------------ ---------- FINANCE -- (CONTINUED) $ 3,000 Goldman Sachs Mortgage Securities Corp. II, 4.75%, 07/10/2039............................... $ 2,893 2,750 Greenwich Capital Commercial Funding Corp., 5.22%, 04/10/2037 (L)........................... 2,732 1,205 Greenwich Capital Commercial Funding Corp., 5.44%, 03/10/2039 (L)........................... 1,210 1,850 Household Automotive Trust, 5.28%, 09/17/2011............................... 1,857 1,895 JP Morgan Chase Commercial Mortgage Security Corp., 5.35%, 12/15/2044 (L)........................... 1,889 3,000 JP Morgan Chase Commercial Mortgage Security Corp., 5.44%, 06/12/2047 (L)........................... 3,005 3,050 JP Morgan Chase Commercial Mortgage Security Corp., 5.48%, 12/12/2044............................... 3,072 467 Marriott Vacation Club Owner Trust, 5.36%, 10/20/2028 (I)........................... 465 2,750 Merrill Lynch Mortgage Trust, 5.05%, 07/12/2038............................... 2,697 2,875 Morgan Stanley Capital I, 5.23%, 09/15/2042............................... 2,853 1,330 Morgan Stanley Capital I, 5.45%, 02/12/2044 (L)........................... 1,333 600 Morgan Stanley Capital Investments, 5.51%, 11/12/2049 (L)........................... 606 5,000 Nissan Auto Lease Trust, 5.10%, 07/16/2012............................... 5,004 10,000 Peco Energy Transition Trust, 6.13%, 03/01/2009............................... 10,058 10,000 PSE&G Transition Funding LLC, 6.61%, 06/15/2015............................... 10,712 1,971 Residential Accredit Loans, Inc., 5.26%, 02/25/2035 (L)........................... 1,967 2,575 Susquehanna Auto Lease Trust, 5.21%, 03/16/2009 (I)........................... 2,565 3,000 Wachovia Bank Commercial Mortgage Trust, 5.12%, 07/15/2042............................... 2,959 1,916 Wells Fargo Mortgage Backed Securities Trust, 4.54%, 03/25/2035 (L)........................... 1,891 2,634 Wells Fargo Mortgage Backed Securities Trust, 5.53%, 04/25/2036 (L)........................... 2,645 ---------- Total asset & commercial mortgage backed securities (cost $94,218).................................. $ 94,147 ----------
The accompanying notes are an integral part of these financial statements. 101 THE HARTFORD ADVISERS FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ------------ ---------- CORPORATE BONDS: INVESTMENT GRADE -- 11.3% CONSUMER CYCLICAL -- 0.7% $ 1,900 DaimlerChrysler NA Holdings Corp., 5.88%, 03/15/2011............................... $ 1,935 1,975 DaimlerChrysler NA Holdings Corp., 6.50%, 11/15/2013............................... 2,079 1,000 DaimlerChrysler NA Holdings Corp., 8.50%, 01/18/2031............................... 1,260 714 Federated Retail Holdings, Inc., 5.90%, 12/01/2016............................... 718 2,000 Target Corp., 5.88%, 11/01/2008............................... 2,020 3,000 Wal-Mart Stores, Inc., 6.88%, 08/10/2009............................... 3,116 ---------- 11,128 ---------- CONSUMER STAPLES -- 1.1% 2,000 Archer Daniels Midland Co., 8.13%, 06/01/2012............................... 2,247 4,000 Coca-Cola Enterprises, Inc., 5.75%, 11/01/2008............................... 4,039 2,000 Colgate-Palmolive Co., 5.58%, 11/06/2008............................... 2,016 2,025 Diageo Capital plc, 4.38%, 05/03/2010............................... 1,986 3,000 PepsiAmericas, Inc., 6.38%, 05/01/2009............................... 3,068 3,099 Procter & Gamble Co., 9.36%, 01/01/2021............................... 3,868 800 Weyerhaeuser Co., 7.38%, 03/15/2032............................... 846 ---------- 18,070 ---------- ENERGY -- 0.2% 4,000 National Fuel Gas Co., 6.00%, 03/01/2009............................... 4,044 ---------- FINANCE -- 5.9% 3,675 Ace INA Holdings, Inc., 5.88%, 06/15/2014............................... 3,760 1,600 AMBAC Financial Group, Inc., 5.95%, 12/05/2035............................... 1,580 4,000 AXA Financial, Inc., 7.00%, 04/01/2028............................... 4,473 3,000 Bank of America Corp., 5.42%, 03/15/2017 (I)........................... 2,984 1,475 Bank of America Corp., 5.88%, 02/15/2009............................... 1,496 1,010 BB&T Corp., 4.90%, 06/30/2017............................... 962 2,350 Berkshire Hathaway Finance Corp., 4.85%, 01/15/2015............................... 2,286 750 Brandywine Operating Partnership, 5.70%, 05/01/2017............................... 749 1,000 Brandywine Operating Partnership, 6.00%, 04/01/2016............................... 1,023 750 Capital One Bank, 6.50%, 06/13/2013............................... 785
PRINCIPAL MARKET AMOUNT VALUE (W) - ------------ ---------- FINANCE -- (CONTINUED) $ 1,000 Capital One Capital IV, 6.75%, 02/17/2037............................... $ 976 870 Capital One Financial Corp., 5.70%, 09/15/2011............................... 878 750 Citigroup, Inc., 3.63%, 02/09/2009............................... 733 1,600 Citigroup, Inc., 6.00%, 10/31/2033............................... 1,619 500 Citigroup, Inc., 6.50%, 01/18/2011............................... 524 1,980 Credit Suisse First Boston USA, Inc., 4.88%, 01/15/2015............................... 1,933 1,500 Developers Diversified Realty Corp., 5.38%, 10/15/2012............................... 1,500 2,725 ERAC USA Finance Co., 7.35%, 06/15/2008 (I)........................... 2,769 885 Everest Reinsurance Holdings, Inc., 5.40%, 10/15/2014............................... 875 1,500 Genworth Financial, Inc., 6.15%, 11/15/2066............................... 1,484 1,200 Goldman Sachs Group, Inc., 5.63%, 01/15/2017............................... 1,195 2,035 Health Care Properties, 6.00%, 01/30/2017............................... 2,042 2,600 HSBC Bank USA, 3.88%, 09/15/2009............................... 2,530 2,200 International Lease Finance Corp., 5.00%, 09/15/2012............................... 2,183 2,000 Jackson National Life Insurance Co., 8.15%, 03/15/2027 (I)........................... 2,470 1,655 John Deere Capital Corp., 4.88%, 10/15/2010 (G)........................... 1,645 2,795 JP Morgan Chase & Co., 5.13%, 09/15/2014............................... 2,764 250 KeyCorp Capital II, 6.88%, 03/17/2029............................... 262 1,550 Kimco Realty Corp., 5.78%, 03/15/2016............................... 1,578 2,335 Liberty Mutual Group, Inc., 5.75%, 03/15/2014 (I)........................... 2,333 1,000 MBIA, Inc., 7.00%, 12/15/2025............................... 1,080 3,650 Metlife, Inc., 6.38%, 06/15/2034............................... 3,855 2,650 Morgan Stanley, 5.38%, 10/15/2015............................... 2,618 1,200 Morgan Stanley, 5.45%, 01/09/2017............................... 1,186 125 National City Corp., 6.88%, 05/15/2019............................... 139 3,100 New England Mutual Life Insurance Co., 7.88%, 02/15/2024 (I)........................... 3,737 1,500 Prologis Trust, 5.63%, 11/15/2016............................... 1,514 2,000 Prudential Funding LLC, 6.75%, 09/15/2023 (I)........................... 2,146
The accompanying notes are an integral part of these financial statements. 102 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ------------ ---------- CORPORATE BONDS: INVESTMENT GRADE -- (CONTINUED) FINANCE -- (CONTINUED) $ 250 Republic New York Capital I, 7.75%, 11/15/2026............................... $ 260 500 Santander Central Hispano Issuances Ltd., 7.63%, 11/03/2009............................... 529 3,100 Simon Property Group L.P., 6.10%, 05/01/2016............................... 3,233 1,500 Sovereign Capital Trust IV, 7.91%, 06/13/2036............................... 1,672 3,000 Torchmark Corp., 8.25%, 08/15/2009............................... 3,184 1,000 Toyota Motor Credit Corp., 5.50%, 12/15/2008............................... 1,004 3,100 U.S. Bank NA, 4.95%, 10/30/2014............................... 3,033 1,000 UnitedHealth Group, Inc., 5.00%, 08/15/2014............................... 980 3,000 Wachovia Corp., 5.63%, 12/15/2008............................... 3,026 4,000 Wells Fargo Bank NA, 6.45%, 02/01/2011............................... 4,189 580 Willis North America, Inc., 5.63%, 07/15/2015............................... 561 580 Willis North America, Inc., 6.20%, 03/28/2017............................... 582 4,165 XL Capital Europe plc, 6.50%, 01/15/2012............................... 4,353 ---------- 95,272 ---------- HEALTH CARE -- 0.3% 1,250 Becton, Dickinson & Co., 6.70%, 08/01/2028 #............................. 1,368 1,550 CVS Corp., 6.13%, 08/15/2016............................... 1,607 2,500 Wyeth, 6.95%, 03/15/2011............................... 2,659 ---------- 5,634 ---------- SERVICES -- 0.9% 2,000 COX Communications, Inc., 5.45%, 12/15/2014............................... 1,979 4,000 FedEx Corp., 3.50%, 04/01/2009............................... 3,879 1,570 Harrah's Operating Co., Inc., 6.50%, 06/01/2016............................... 1,401 2,100 News America, Inc., 6.40%, 12/15/2035............................... 2,116 1,105 Time Warner, Inc., 5.50%, 11/15/2011............................... 1,114 3,040 Viacom, Inc., 6.88%, 04/30/2036............................... 3,079 615 Wyndham Worldwide, 6.00%, 12/01/2016 (I)........................... 610 ---------- 14,178 ----------
PRINCIPAL MARKET AMOUNT VALUE (W) - ------------ ---------- TECHNOLOGY -- 1.6% $ 575 AT&T, Inc., 6.80%, 05/15/2036 (G)........................... $ 624 1,130 Bellsouth Corp., 6.55%, 06/15/2034............................... 1,178 250 Bellsouth Telecommunications, 7.00%, 12/01/2095............................... 260 4,000 Comcast Cable Communications, Inc., 6.88%, 06/15/2009............................... 4,136 500 Comcast Cable Communications, Inc., 8.50%, 05/01/2027............................... 617 1,800 Deutsche Telekom International Finance B.V., 8.25%, 06/15/2030............................... 2,259 3,425 General Electric Co., 5.00%, 02/01/2013............................... 3,400 1,250 Hewlett-Packard Co., 5.25%, 03/01/2012............................... 1,258 1,830 SBC Communications, 6.45%, 06/15/2034............................... 1,898 2,900 Siemens Finance, 5.75%, 10/17/2016 (I)........................... 2,942 3,100 Telecom Italia Capital, 5.25%, 10/01/2015............................... 2,980 830 Time Warner Cable Inc., 5.85%, 05/01/2017 (I)........................... 835 2,600 Verizon Communications, Inc., 5.55%, 02/15/2016............................... 2,607 250 Verizon Global Funding Corp., 7.25%, 12/01/2010............................... 267 250 Verizon Global Funding Corp., 7.75%, 12/01/2030............................... 293 ---------- 25,554 ---------- TRANSPORTATION -- 0.2% 755 Continental Airlines, Inc., 5.98%, 04/19/2022............................... 751 1,750 Southwest Airlines Co., 5.75%, 12/15/2016............................... 1,708 ---------- 2,459 ---------- UTILITIES -- 0.4% 500 Alabama Power Co., 7.13%, 10/01/2007............................... 504 955 Consolidated Edison Co. of NY, 5.30%, 12/01/2016............................... 949 1,500 Midamerican Energy Holdings Co., 6.13%, 04/01/2036............................... 1,525 1,150 Northern Border Pipeline Co., 7.75%, 09/01/2009............................... 1,212 1,750 Southern Cal Edison Co., 5.55%, 01/15/2037............................... 1,697
The accompanying notes are an integral part of these financial statements. 103 THE HARTFORD ADVISERS FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ------------ ---------- CORPORATE BONDS: INVESTMENT GRADE -- (CONTINUED) UTILITIES -- (CONTINUED) v$ 695 Taqa Abu Dhabi National, 5.88%, 10/27/2016 (I)........................... $ 702 250 TransCanada Pipelines Ltd., 6.49%, 01/21/2009............................... 255 ---------- 6,844 ---------- Total corporate bonds: investment grade (cost $180,259)................................. $ 183,183 ---------- U.S. GOVERNMENT SECURITIES -- 7.5% FEDERAL HOME LOAN BANK -- 0.8% 12,225 4.88% 2011 (G).................................... $ 12,251 ---------- FINANCING CORPORATION -- 1.0% 3,676 4.40% 2013 (M).................................... 2,672 10,000 9.80% 2018........................................ 13,973 ---------- 16,645 ---------- U.S. TREASURY SECURITIES -- 5.7% 14,300 2.63% 2009 (G).................................... 13,799 21,725 3.50% 2010 (G).................................... 21,138 18,750 3.50% 2011 (O)(G)................................. 23,143 17,350 3.88% 2010 (G).................................... 17,034 10,800 5.38% 2031 (G).................................... 11,568 5,775 6.25% 2023 (G).................................... 6,659 ---------- 93,341 ---------- Total U.S. government securities (cost $119,912)................................. $ 122,237 ---------- U.S. GOVERNMENT AGENCIES -- 1.7% FEDERAL HOME LOAN MORTGAGE CORPORATION -- 0.8% 2,167 2.50% 2013........................................ $ 2,125 11,436 6.50% 2036........................................ 11,681 ---------- 13,806 ---------- FEDERAL NATIONAL MORTGAGE ASSOCIATION -- 0.3% 123 5.00% 2036........................................ 119 4,520 5.50% 2037 (Q).................................... 4,469 432 6.50% 2036........................................ 441 ---------- 5,029 ---------- GOVERNMENT NATIONAL MORTGAGE ASSOCIATION -- 0.6% 691 5.50% 2036........................................ 687 3,156 6.00% 2023 -- 2034................................ 3,209 2,351 6.50% 2026 -- 2035................................ 2,429 2,442 7.00% 2031 -- 2033................................ 2,563 519 8.00% 2029 -- 2031................................ 552 40 9.00% 2023........................................ 43 ---------- 9,483 ---------- Total U.S. government agencies (cost $27,981).................................. $ 28,318 ---------- Total long-term investments (cost $1,440,158)............................... $1,525,794 ----------
PRINCIPAL MARKET AMOUNT VALUE (W) - ------------ ---------- SHORT-TERM INVESTMENTS -- 14.3% OTHER FEDERAL OBLIGATIONS -- 1.5% $ 10,000 Federal Home Loan Bank, 5.14%, 05/10/2007 (M)........................... $ 9,986 14,900 Federal Home Loan Bank, 5.17%, 05/02/2007 (M)........................... 14,898 ---------- 24,884 ---------- REPURCHASE AGREEMENTS -- 3.4% 18,133 Banc of America Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 18,133 6,716 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 6,716 211 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 211 8,999 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 8,999 20,551 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 20,551 ---------- 54,610 ---------- SHARES - ------------ SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 9.4% CASH COLLATERAL REINVESTMENT FUND: 153,701 Navigator Prime Portfolio......................... 153,701 ---------- Total short-term investments (cost $233,195)................................. $ 233,195 ---------- Total investments in securities (cost $1,673,353) (C)........................... $1,758,989 ==========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 12.31% of total net assets at April 30, 2007. (A)The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $62,828, which represents 3.86% of total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $1,683,685 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation........................ $108,457 Unrealized depreciation........................ (33,153) -------- Net unrealized appreciation.................... $ 75,304 ========
(D)Currently non-income producing. (G)Security is partially on loan at April 30, 2007. The accompanying notes are an integral part of these financial statements. 104 - -------------------------------------------------------------------------------- # This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future. (I) Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at April 30, 2007, was $24,558, which represents 1.51% of total net assets. (K) Securities contain some restrictions as to public resale. These securities comply with Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, and are determined to be liquid. At April 30, 2007, the market value of these securities amounted to $9,353 or 0.57% of total net assets. (L) Variable rate securities; the rate reported is the coupon rate in effect at April 30, 2007. (M) The interest rate disclosed for these securities represents the effective yield on the date of acquisition. (O) U.S. Treasury inflation-protection securities (TIPS) are securities in which the principal amount is adjusted for inflation and the semiannual interest payments equal a fixed percentage of the inflation-adjusted principal amount. (Q) The cost of securities purchased on a when-issued or delayed delivery basis at April 30, 2007 was $4,459. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. FORWARD FOREIGN CURRENCY CONTRACTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED MARKET CONTRACT DELIVERY APPRECIATION DESCRIPTION TRANSACTION VALUE AMOUNT DATE (DEPRECIATION) ----------- ----------- ------ -------- ---------- -------------- British Pound Buy $3,281 $3,269 05/01/2007 $12 British Pound Buy 1,197 1,194 05/02/2007 3 --- $15 ===
The accompanying notes are an integral part of these financial statements. 105 THE HARTFORD BALANCED ALLOCATION FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- AFFILIATED INVESTMENT COMPANIES -- 99.8% EQUITY FUNDS -- 59.6% 3,639 Hartford Capital Appreciation Fund, Class Y....... $152,573 2,706 Hartford Disciplined Equity Fund, Class Y......... 40,077 3,918 Hartford Equity Income Fund, Class Y.............. 57,908 1,754 Hartford Global Leaders Fund, Class Y............. 36,893 1,899 Hartford International Opportunities Fund, Class Y............................................... 35,010 2,125 Hartford International Small Company Fund, Class Y............................................... 35,705 1,743 Hartford Select SmallCap Value Fund, Class Y...... 20,635 1,755 Hartford Small Company Fund, Class Y.............. 41,650 7,083 Hartford Value Fund, Class Y...................... 94,198 -------- Total equity funds (cost $464,915)................................. $514,648 -------- FIXED INCOME FUNDS -- 40.2% 5,132 Hartford Floating Rate Fund, Class Y.............. $ 52,035 10,627 Hartford Income Fund, Class Y..................... 110,419 5,187 Hartford Inflation Plus Fund, Class Y............. 54,777 5,548 Hartford Short Duration Fund, Class Y............. 54,874 7,028 Hartford Total Return Bond Fund, Class Y.......... 75,695 -------- Total fixed income funds (cost $347,740)................................. $347,800 -------- Total investments in affiliated investment companies (cost $812,655) (C)............................. $862,449 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $812,702 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation......................... $50,517 Unrealized depreciation......................... (770) ------- Net unrealized appreciation..................... $49,747 =======
(W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 106 THE HARTFORD BALANCED INCOME FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - ---------- --------- COMMON STOCK -- 46.5% BASIC MATERIALS -- 4.2% 2 Air Products and Chemicals, Inc. ................. $ 138 6 Dow Chemical Co. ................................. 268 5 E.I. DuPont de Nemours & Co. ..................... 246 1 International Paper Co. .......................... 26 4 Kimberly-Clark Corp. ............................. 299 5 Packaging Corp. of America........................ 116 2 PPG Industries, Inc. ............................. 110 ------- 1,203 ------- CAPITAL GOODS -- 1.1% 6 Pitney Bowes, Inc. ............................... 302 ------- CONSUMER CYCLICAL -- 1.4% 6 Altria Group, Inc. ............................... 400 ------- CONSUMER STAPLES -- 2.8% 1 Campbell Soup Co. ................................ 55 2 Diageo plc ADR.................................... 143 3 General Mills, Inc. .............................. 150 5 Kellogg Co. ...................................... 286 4 Kraft Foods, Inc. ................................ 138 ------- 772 ------- ENERGY -- 6.7% 8 Chevron Corp. .................................... 653 8 ConocoPhillips Holding Co. ....................... 548 6 Exxon Mobil Corp. ................................ 500 2 Royal Dutch Shell plc............................. 153 ------- 1,854 ------- FINANCE -- 13.8% 2 Allstate Corp. ................................... 125 12 Bank of America Corp. ............................ 590 3 Bank of New York Co., Inc. ....................... 121 3 Chubb Corp. ...................................... 172 10 Citigroup, Inc. .................................. 552 9 Host Hotels & Resorts, Inc. ...................... 241 7 JP Morgan Chase & Co. ............................ 359 3 Lloyd's TSB Group plc ADR......................... 140 6 PNC Financial Services Group, Inc. ............... 422 1 SunTrust Banks, Inc. ............................. 93 5 UBS AG............................................ 331 13 US Bancorp........................................ 436 2 Wachovia Corp. ................................... 123 4 Wells Fargo & Co. ................................ 126 ------- 3,831 ------- HEALTH CARE -- 3.0% 3 Abbott Laboratories............................... 164 6 Bristol-Myers Squibb Co. ......................... 173 2 Eli Lilly & Co. .................................. 124 1 GlaxoSmithKline plc ADR........................... 46 6 Wyeth............................................. 317 ------- 824 -------
MARKET SHARES VALUE (W) - ---------- --------- SERVICES -- 1.1% 4 R.R. Donnelley & Sons Co. ........................ $ 173 3 Waste Management, Inc. ........................... 127 ------- 300 ------- TECHNOLOGY -- 6.8% 17 AT&T, Inc. ....................................... 641 6 Chunghwa Telecom Co., Ltd. ADR.................... 121 15 General Electric Co. ............................. 568 5 Nokia Corp. (D)................................... 131 12 Verizon Communications, Inc. ..................... 439 ------- 1,900 ------- UTILITIES -- 5.6% 3 American Electric Power Co., Inc. ................ 136 3 Consolidated Edison, Inc. ........................ 133 1 Dominion Resources, Inc. ......................... 55 1 Entergy Corp. .................................... 102 3 Exelon Corp. ..................................... 234 10 FPL Group, Inc. .................................. 644 1 PPL Corp. ........................................ 52 1 SCANA Corp. ...................................... 61 4 Southern Co. ..................................... 141 ------- 1,558 ------- Total common stock (cost $11,901).................................. $12,944 ------- PRINCIPAL AMOUNT - ---------- ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES -- 5.0% FINANCE -- 4.9% $ 85 Banc of America Commercial Mortgage, Inc., 5.45%, 01/15/2049............................... $ 85 100 Bear Stearns Commercial Mortgage Securities, Inc., 4.68%, 08/13/2039............................... 97 53 BMW Vehicle Owner Trust, 3.32%, 02/25/2009............................... 53 100 Carmax Auto Owner Trust, 4.34%, 09/15/2010............................... 99 95 Chase Commercial Mortgage Securities Corp., 6.39%, 11/18/2030............................... 96 100 Commercial Mortgage Pass-Through Certificates, 5.77%, 06/10/2046 (L)........................... 103 70 Honda Auto Receivables Owner Trust, 5.25%, 08/18/2009............................... 70 100 Long Beach Auto Receivables Trust, 5.03%, 01/15/2014............................... 100 100 Merrill Lynch Mortgage Trust, 5.62%, 05/12/2039 (L)........................... 102 100 Morgan Stanley Capital I, 5.23%, 09/15/2042............................... 99
The accompanying notes are an integral part of these financial statements. 107 THE HARTFORD BALANCED INCOME FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ---------- --------- ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES -- (CONTINUED) FINANCE -- (CONTINUED) $ 85 Morgan Stanley Capital I, 5.45%, 02/12/2044 (L)........................... $ 85 100 Nissan Auto Lease Trust, 5.10%, 07/16/2012............................... 100 75 Peco Energy Transition Trust, 6.52%, 12/31/2010............................... 78 100 Providian Gateway Master Trust, 3.65%, 11/15/2011 (I)........................... 99 100 PSE&G Transition Funding LLC, 6.45%, 03/15/2013............................... 104 ------- 1,370 ------- HEALTH CARE -- 0.1 % 20 CVS Lease Pass Through Trust, 6.04%, 12/10/2028 (I)........................... 20 ------- Total asset & commercial mortgage backed securities (cost $1,386)................................... $ 1,390 ------- CORPORATE BONDS: INVESTMENT GRADE -- 31.3% BASIC MATERIALS -- 0.7% 30 Agrium, Inc., 7.13%, 05/23/2036............................... $ 32 25 Cytec Industries, Inc., 6.00%, 10/01/2015............................... 25 45 Inco Ltd., 7.75%, 05/15/2012............................... 50 20 Methanex Corp., 8.75%, 08/15/2012............................... 22 20 Temple-Inland, Inc., 6.38%, 01/15/2016............................... 21 5 Vale Overseas Ltd., 6.25%, 01/23/2017............................... 5 5 Vale Overseas Ltd., 6.88%, 11/21/2036............................... 5 35 Yara International ASA, 5.25%, 12/15/2014 (I)........................... 34 ------- 194 ------- CAPITAL GOODS -- 0.8% 35 Goodrich Co., 6.29%, 07/01/2016............................... 37 100 Hutchison Whampoa International Ltd., 5.45%, 11/24/2010 (I)........................... 101 25 Tyco International Group S.A., 6.75%, 02/15/2011............................... 27 60 Xerox Corp., 6.40%, 03/15/2016............................... 62 ------- 227 -------
PRINCIPAL MARKET AMOUNT VALUE (W) - ---------- --------- CONSUMER CYCLICAL -- 1.3% $ 30 Altria Group, Inc., 7.00%, 11/04/2013............................... $ 33 20 Avnet, Inc., 6.63%, 09/15/2016............................... 21 35 D.R. Horton, Inc., 8.00%, 02/01/2009............................... 36 10 DaimlerChrysler NA Holdings Corp., 4.05%, 06/04/2008............................... 10 30 DaimlerChrysler NA Holdings Corp., 5.75%, 05/18/2009............................... 30 50 DaimlerChrysler NA Holdings Corp., 6.50%, 11/15/2013............................... 53 50 DaimlerChrysler NA Holdings Corp., 8.50%, 01/18/2031............................... 63 25 Energy Transfer Partners, 6.63%, 10/15/2036............................... 26 5 J. C. Penney Co., Inc., 5.75%, 02/15/2018............................... 5 20 J. C. Penney Co., Inc., 6.38%, 10/15/2036............................... 20 50 Pulte Homes, Inc., 7.88%, 08/01/2011............................... 53 15 Ryland Group, Inc., 6.88%, 06/15/2013............................... 15 ------- 365 ------- CONSUMER STAPLES -- 1.8% 50 Cargill, Inc., 3.63%, 03/04/2009 (I)........................... 49 35 Cia Brasileira de Bebidas, 8.75%, 09/15/2013............................... 41 45 Coca-Cola Enterprises, Inc., 6.70%, 10/15/2036............................... 50 25 ConAgra Foods, Inc., 7.00%, 10/01/2028............................... 27 75 Kraft Foods, Inc., 4.13%, 11/12/2009............................... 73 10 Kraft Foods, Inc., 6.25%, 06/01/2012............................... 10 35 PepsiAmericas, Inc., 4.88%, 01/15/2015............................... 34 15 Reynolds American, Inc., 7.25%, 06/01/2013............................... 16 40 SABMiller plc, 6.20%, 07/01/2011 (I)........................... 41 70 Tyson Foods, Inc., 6.85%, 04/01/2016............................... 73 50 Unilever Capital Corp., 7.13%, 11/01/2010............................... 53 30 Weyerhaeuser Co., 6.75%, 03/15/2012............................... 32 10 Weyerhaeuser Co., 7.38%, 03/15/2032............................... 11 ------- 510 -------
The accompanying notes are an integral part of these financial statements. 108 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ---------- --------- CORPORATE BONDS: INVESTMENT GRADE -- (CONTINUED) ENERGY -- 1.3% $ 65 Amerada Hess Corp., 7.88%, 10/01/2029............................... $ 76 50 Canadian National Resources Ltd., 6.25%, 03/15/2038............................... 50 50 ConocoPhillips Holding Co., 6.95%, 04/15/2029............................... 57 20 Pemex Project Funding Master Trust, 5.75%, 12/15/2015............................... 20 10 Pemex Project Funding Master Trust, 7.16%, 10/15/2009 (K)(L)........................ 10 30 Phillips Petroleum Co., 8.75%, 05/25/2010............................... 33 30 Valero Energy Corp., 7.50%, 04/15/2032............................... 35 25 Weatherford International Ltd., 6.50%, 08/01/2036............................... 25 45 XTO Energy, Inc., 7.50%, 04/15/2012............................... 49 ------- 355 ------- FINANCE -- 13.2% 20 Ace Capital Trust II, 9.70%, 04/01/2030............................... 27 30 Allied World Assurance, 7.50%, 08/01/2016............................... 32 30 Allstate Finance Global Fund II, 4.25%, 02/26/2010............................... 29 20 American General Finance Corp., 4.00%, 03/15/2011............................... 19 80 American General Finance Corp., 4.63%, 05/15/2009............................... 79 45 Ameriprise Financial, Inc., 5.35%, 11/15/2010............................... 45 20 Ameriprise Financial, Inc., 5.65%, 11/15/2015............................... 20 25 Avalonbay Communities, Inc., 7.50%, 08/01/2009............................... 26 45 Axa S.A., 8.60%, 12/15/2030............................... 58 10 Banco Mercantile Del Norte S.A., 6.14%, 10/13/2016 (I)........................... 10 150 Bank of America Corp., 5.25%, 12/01/2015............................... 149 100 Bank of America Corp., 5.42%, 03/15/2017 (I)........................... 99 50 Bank of America Corp., 7.25%, 10/15/2025............................... 58 15 Brandywine Operating Partnership, 5.70%, 05/01/2017............................... 15 25 Brandywine Operating Partnership, 5.75%, 04/01/2012............................... 25 35 Camden Property Trust, 4.38%, 01/15/2010............................... 34 10 Chevy Chase Bank, 6.88%, 12/01/2013............................... 11
PRINCIPAL MARKET AMOUNT VALUE (W) - ---------- --------- FINANCE -- (CONTINUED) $ 20 CIT Group, Inc., 5.80%, 07/28/2011............................... $ 20 25 CIT Group, Inc., 6.00%, 04/01/2036............................... 24 5 Citigroup, Inc., 5.00%, 09/15/2014............................... 5 90 Citigroup, Inc., 5.63%, 08/27/2012............................... 92 105 Citigroup, Inc., 6.00%, 10/31/2033............................... 106 35 Colonial Realty L.P., 6.05%, 09/01/2016............................... 36 15 Countrywide Financial Corp., 6.25%, 05/15/2016............................... 15 10 Countrywide Home Loans, Inc., 4.00%, 03/22/2011............................... 9 20 Credit Suisse First Boston USA, Inc., 4.88%, 08/15/2010............................... 20 80 Credit Suisse First Boston USA, Inc., 5.13%, 08/15/2015............................... 79 50 Developers Diversified Realty Corp., 5.00%, 05/03/2010............................... 50 50 Duke-Weeks Realty, 7.75%, 11/15/2009............................... 53 65 Equity One, Inc., 6.00%, 09/15/2017 (I)........................... 66 10 ERP Operating L.P., 4.75%, 06/15/2009............................... 10 40 ERP Operating L.P., 6.95%, 03/02/2011............................... 43 20 Everest Reinsurance Holdings, Inc., 8.75%, 03/15/2010............................... 22 100 Farmers Exchange Capital, 7.05%, 07/15/2028 (I)........................... 103 30 Goldman Sachs Group, Inc., 5.63%, 01/15/2017............................... 30 115 Goldman Sachs Group, Inc., 6.45%, 05/01/2036............................... 119 50 Goldman Sachs Group, Inc., 6.60%, 01/15/2012............................... 53 80 Goldman Sachs Group, Inc., 6.65%, 05/15/2009............................... 82 50 HBOS plc, 6.00%, 11/01/2033 (I)........................... 51 20 Health Care Properties, 5.65%, 12/15/2013............................... 20 10 Health Care Properties, 6.00%, 01/30/2017............................... 10 20 Health Care Property Investors, Inc., 6.30%, 09/15/2016............................... 21 120 HSBC Finance Corp., 6.75%, 05/15/2011............................... 127 20 International Lease Finance Corp., 5.63%, 09/20/2013............................... 20 80 International Lease Finance Corp., 6.38%, 03/15/2009............................... 82
The accompanying notes are an integral part of these financial statements. 109 THE HARTFORD BALANCED INCOME FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ---------- --------- CORPORATE BONDS: INVESTMENT GRADE -- (CONTINUED) FINANCE -- (CONTINUED) $ 30 John Deere Capital Corp., 5.40%, 04/07/2010............................... $ 30 55 JP Morgan Chase & Co., 5.13%, 09/15/2014............................... 54 50 JP Morgan Chase & Co., 5.88%, 03/15/2035............................... 49 160 JP Morgan Chase & Co., 6.75%, 02/01/2011............................... 168 30 Kimco Realty Corp., 5.78%, 03/15/2016............................... 31 35 Liberty Mutual Group, Inc., 5.75%, 03/15/2014 (I)........................... 35 10 Liberty Property L.P., 5.50%, 12/15/2016............................... 10 25 Liberty Property L.P., 7.75%, 04/15/2009............................... 26 10 Liberty Property L.P., 8.50%, 08/01/2010............................... 11 35 Lincoln National Corp., 6.15%, 04/07/2036............................... 36 100 Merrill Lynch & Co., Inc., 6.05%, 05/16/2016............................... 103 100 Merrill Lynch & Co., Inc., 6.22%, 09/15/2026............................... 102 25 Metlife, Inc., 6.13%, 12/01/2011............................... 26 40 Ministry Finance Russia, 3.00%, 05/14/2008............................... 39 10 Morgan Stanley, 3.63%, 04/01/2008............................... 10 120 Morgan Stanley, 4.75%, 04/01/2014............................... 115 100 Morgan Stanley, 5.45%, 01/09/2017............................... 99 60 Prudential Financial, Inc., 5.90%, 03/17/2036............................... 60 30 Regency Centers L.P., 5.25%, 08/01/2015............................... 29 60 Reinsurance Group of America, Inc., 5.63%, 03/15/2017............................... 59 20 Simon Property Group L.P., 4.88%, 08/15/2010............................... 20 30 Simon Property Group L.P., 5.10%, 06/15/2015............................... 29 45 Simon Property Group L.P., 5.38%, 06/01/2011............................... 45 20 Symetra Financial Corp., 6.13%, 04/01/2016 (I)........................... 20 10 Travelers Property Casualty Corp., 6.38%, 03/15/2033............................... 10 80 Trustreet Properties, Inc., 7.50%, 04/01/2015............................... 87 20 United Dominion Realty Trust, Inc., 6.05%, 06/01/2013............................... 20
PRINCIPAL MARKET AMOUNT (B) VALUE (W) - ---------- --------- FINANCE -- (CONTINUED) $ 10 Unitedhealth Group, Inc., 3.38%, 08/15/2007............................... $ 10 25 UnitedHealth Group, Inc., 5.38%, 03/15/2016............................... 25 55 Wachovia Corp., 4.88%, 02/15/2014............................... 54 20 Wachovia Corp., 5.63%, 10/15/2016............................... 20 60 Westfield Group, 5.40%, 10/01/2012 (I)........................... 60 25 Willis North America, Inc., 6.20%, 03/28/2017............................... 25 25 WR Berkley Corp., 5.88%, 02/15/2013............................... 25 25 XL Capital Europe plc, 6.50%, 01/15/2012............................... 26 ------- 3,672 ------- FOREIGN GOVERNMENTS -- 1.1% 154 Russian Federation Government, 5.00%, 03/31/2030 (K)........................... 175 10 Russian Federation Government, 12.75%, 06/24/2028 (K).......................... 18 10 South Africa (Republic of), 7.38%, 04/25/2012............................... 11 6 United Mexican States, 5.63%, 01/15/2017............................... 6 69 United Mexican States, 6.75%, 09/27/2034............................... 77 MXP 250 United Mexican States, 9.00%, 12/22/2011............................... 24 ------- 311 ------- HEALTH CARE -- 0.4% 40 Amerisource Bergen Corp., 5.88%, 09/15/2015............................... 40 4 Encysive Pharmaceuticals, Inc., 2.50%, 03/15/2012............................... 3 20 Laboratory Corp., 5.63%, 12/15/2015............................... 20 40 Schering-Plough Corp., 6.75%, 12/01/2033............................... 45 ------- 108 ------- SERVICES -- 2.7% 55 CBS Corp., 7.70%, 07/30/2010............................... 59 30 Clear Channel Communications, Inc., 7.65%, 09/15/2010............................... 32 5 Comcast Corp., 5.50%, 03/15/2011............................... 5 30 Comcast Corp., 6.45%, 03/15/2037............................... 30 65 Comcast Corp., 7.05%, 03/15/2033............................... 71
The accompanying notes are an integral part of these financial statements. 110 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ---------- --------- CORPORATE BONDS: INVESTMENT GRADE -- (CONTINUED) SERVICES -- (CONTINUED) $ 10 COX Communications, Inc., 5.88%, 12/01/2016 (I)........................... $ 10 90 COX Communications, Inc., 7.13%, 10/01/2012............................... 97 40 Electronic Data Systems Corp., 7.45%, 10/15/2029............................... 43 10 Harrah's Operating Co., Inc., 5.50%, 07/01/2010............................... 10 25 Harrah's Operating Co., Inc., 5.63%, 06/01/2015............................... 22 30 News America, Inc., 6.20%, 12/15/2034............................... 29 30 News America, Inc., 6.40%, 12/15/2035............................... 30 25 News America, Inc., 7.28%, 06/30/2028............................... 28 25 Omnicom Group, Inc., 5.90%, 04/15/2016............................... 26 25 Time Warner Entertainment Co. L.P., 7.25%, 09/01/2008............................... 26 30 Time Warner Entertainment Co. L.P., 8.38%, 03/15/2023............................... 36 30 Time Warner, Inc., 5.50%, 11/15/2011............................... 30 25 Time Warner, Inc., 6.15%, 05/01/2007............................... 25 10 Time Warner, Inc., 6.50%, 11/15/2036............................... 10 70 Time Warner, Inc., 7.63%, 04/15/2031............................... 79 45 Viacom, Inc., 6.25%, 04/30/2016............................... 46 10 Wyndham Worldwide, 6.00%, 12/01/2016 (I)........................... 10 ------- 754 ------- TECHNOLOGY -- 5.3% 45 AT&T Broadband Corp., 8.38%, 03/15/2013............................... 52 10 AT&T, Inc., 5.10%, 09/15/2014............................... 10 85 AT&T, Inc., 5.30%, 11/15/2010............................... 85 90 AT&T, Inc., 6.15%, 09/15/2034............................... 90 50 Baltimore Gas and Electric, 6.35%, 10/01/2036 (I)........................... 51 30 Bellsouth Corp., 5.20%, 09/15/2014............................... 30 35 British Telecommunications plc, 8.62%, 12/15/2010 (L)........................... 39 20 British Telecommunications plc, 9.12%, 12/15/2030 (L)........................... 28 35 Cingular Wireless Services, Inc., 7.88%, 03/01/2011............................... 38
PRINCIPAL MARKET AMOUNT VALUE (W) - ---------- --------- TECHNOLOGY -- (CONTINUED) $ 80 Cingular Wireless Services, Inc., 8.75%, 03/01/2031............................... $ 105 45 Comcast Cable Communications, Inc., 6.75%, 01/30/2011............................... 47 10 Comcast Corp., 6.50%, 11/15/2035............................... 10 55 Deutsche Telekom International Finance B.V., 8.00%, 06/15/2010 (L)........................... 60 70 Deutsche Telekom International Finance B.V., 8.25%, 06/15/2030............................... 88 20 Embarq Corp., 7.08%, 06/01/2016............................... 21 30 France Telecom S.A., 7.75%, 03/01/2011 (L)........................... 33 35 France Telecom S.A., 8.50%, 03/01/2031............................... 46 70 Sprint Capital Corp., 6.13%, 11/15/2008............................... 71 10 Sprint Capital Corp., 6.88%, 11/15/2028............................... 10 30 Sprint Capital Corp., 8.38%, 03/15/2012............................... 33 30 Sprint Capital Corp., 8.75%, 03/15/2032............................... 35 10 Sprint Nextel Corp., 6.00%, 12/01/2016............................... 10 10 Telecom Italia Capital, 5.25%, 10/01/2015............................... 10 30 Telecom Italia Capital, 6.00%, 09/30/2034............................... 28 105 Telecom Italia Capital, 6.20%, 07/18/2011............................... 108 45 Telefonica Europe B.V., 7.75%, 09/15/2010............................... 48 45 Telefonica Europe B.V., 8.25%, 09/15/2030............................... 54 30 Time Warner Cable Inc., 6.55%, 05/01/2037 (I)........................... 30 115 Verizon Global Funding Corp., 7.25%, 12/01/2010............................... 123 75 Verizon Global Funding Corp., 7.75%, 12/01/2030............................... 88 ------- 1,481 ------- TRANSPORTATION -- 0.2% 36 American Airlines, Inc., 3.86%, 07/09/2010............................... 34 10 Continental Airlines, Inc., 6.90%, 04/19/2022............................... 10 ------- 44 -------
The accompanying notes are an integral part of these financial statements. 111 THE HARTFORD BALANCED INCOME FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ---------- --------- CORPORATE BONDS: INVESTMENT GRADE -- (CONTINUED) UTILITIES -- 2.5% $ 10 AES Panama S.A., 6.35%, 12/21/2016 (I)........................... $ 10 30 American Electric Power Co., Inc., 5.38%, 03/15/2010............................... 30 25 CenterPoint Energy Resources Corp., 7.75%, 02/15/2011............................... 27 15 Commonwealth Edison Co., 5.95%, 08/15/2016............................... 15 135 Dominion Resources, Inc., 6.25%, 06/30/2012............................... 142 10 Duke Capital LLC, 6.25%, 02/15/2013............................... 10 55 Duke Capital LLC, 7.50%, 10/01/2009............................... 58 10 Duke Energy Field Services, 6.45%, 11/03/2036 (I)........................... 10 10 El Paso Natural Gas Co., 5.95%, 04/15/2017 (I)........................... 10 45 Exelon Generation Co. LLC, 6.95%, 06/15/2011............................... 47 40 Kinder Morgan Energy Partners L.P., 6.75%, 03/15/2011............................... 42 10 Kinder Morgan Energy Partners L.P., 7.30%, 08/15/2033............................... 11 80 Midamerican Energy Holdings Co., 6.13%, 04/01/2036............................... 81 10 Nisource Finance Corp., 5.25%, 09/15/2017............................... 10 60 Nisource Finance Corp., 7.88%, 11/15/2010............................... 65 40 Ohio Power Co., 5.30%, 11/01/2010............................... 40 20 Peco Energy Co., 5.70%, 03/15/2037............................... 20 50 Progress Energy, Inc., 6.85%, 04/15/2012............................... 54 10 PSEG Power LLC, 8.63%, 04/15/2031............................... 14 ------- 696 ------- Total corporate bonds: investment grade (cost $8,616)................................... $ 8,717 ------- CORPORATE BONDS: NON-INVESTMENT GRADE -- 9.6% BASIC MATERIALS -- 0.7% 30 Freeport-McMoRan Copper & Gold, Inc., 8.38%, 04/01/2017............................... $ 33 5 Freeport-McMoRan Copper & Gold, Inc., 8.56%, 04/01/2015 (L)........................... 5 5 Georgia Gulf Corp., 9.50%, 10/15/2014 (I)........................... 5 15 Georgia-Pacific Corp., 7.13%, 01/15/2017 (I)........................... 15 15 Hawk Corp., 8.75%, 11/01/2014............................... 15
PRINCIPAL MARKET AMOUNT VALUE (W) - ---------- --------- BASIC MATERIALS -- (CONTINUED) $ 15 Koppers Holdings, Inc., 8.93%, 11/15/2014 (M)........................... $ 13 20 Novelis, Inc., 7.25%, 02/15/2015............................... 21 15 Peabody Energy Corp., 7.38%, 11/01/2016............................... 16 10 RathGibson, Inc., 11.25%, 02/15/2014.............................. 11 20 RBS Global & Rexnord Corp., 9.50%, 08/01/2014............................... 21 20 Texas Industries, Inc., 7.25%, 07/15/2013............................... 21 10 Vitro S.A., 9.13%, 02/01/2017 (I)........................... 10 ------- 186 ------- CAPITAL GOODS -- 0.3% 15 ESCO Corp., 8.63%, 12/15/2013 (I)........................... 16 10 Goodman Global Holding Co., 7.88%, 12/15/2012............................... 10 20 GSI Group, Inc., 12.00%, 05/15/2013.............................. 23 15 Hawker Beechcraft Acquisition Co., 9.75%, 04/01/2017 (I)........................... 16 10 Transdigm, Inc., 7.75%, 07/15/2014 (I)........................... 10 10 Yankee Acquisition Corp., 8.50%, 02/15/2015 (I)........................... 10 ------- 85 ------- CONSUMER CYCLICAL -- 0.5% 15 Aramark Corp., 8.86%, 02/01/2015 (I)(L)........................ 15 15 AutoNation, Inc., 7.36%, 04/15/2013 (L)........................... 15 10 Buffalo Thunder, 9.38%, 12/15/2014 (I)........................... 10 5 Building Materials Holdings Corp., 7.75%, 08/01/2014............................... 5 20 General Motors Corp., 8.38%, 07/15/2033............................... 18 25 IKON Office Solutions, Inc., 7.75%, 09/15/2015............................... 26 10 K. Hovnanian Enterprises, Inc., 8.88%, 04/01/2012............................... 10 5 Lazydays RV Center, Inc., 11.75%, 05/15/2012.............................. 5 10 Standard Pacific Corp., 7.00%, 08/15/2015............................... 9 20 TRW Automotive, Inc., 7.00%, 03/15/2014 (I)........................... 20 ------- 133 -------
The accompanying notes are an integral part of these financial statements. 112 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT (B) VALUE (W) - ---------- --------- CORPORATE BONDS: NON-INVESTMENT GRADE -- (CONTINUED) CONSUMER STAPLES -- 0.1% $ 15 Land O'Lakes Capital Trust, 7.45%, 03/15/2028 (I)........................... $ 14 22 Pilgrim's Pride Corp., 8.38%, 05/01/2017............................... 22 ------- 36 ------- ENERGY -- 0.3% 25 Chesapeake Energy Corp., 6.50%, 08/15/2017............................... 25 10 Delta Petroleum Corp., 7.00%, 04/01/2015............................... 9 15 Exco Resources, Inc., 7.25%, 01/15/2011............................... 15 5 OPTI Canada, Inc., 8.25%, 12/15/2014 (I)........................... 5 20 Petrohawk Energy Corp., 9.13%, 07/15/2013............................... 21 ------- 75 ------- FINANCE -- 0.8% 15 Avis Budget Car Rental LLC, 7.86%, 05/15/2014 (I)(L)........................ 15 10 Ford Motor Credit Co., 8.63%, 11/01/2010............................... 10 30 Ford Motor Credit Co., 9.81%, 04/15/2012 (L)........................... 32 10 General Motors Acceptance Corp., 6.88%, 09/15/2011............................... 10 15 General Motors Acceptance Corp., 6.88%, 08/28/2012............................... 15 10 General Motors Acceptance Corp., 7.25%, 03/02/2011............................... 10 20 General Motors Acceptance Corp., 8.00%, 11/01/2031............................... 21 15 Host Marriott L.P., 6.38%, 03/15/2015............................... 15 20 Kar Holdings, Inc., 10.00%, 05/01/2015 (I).......................... 21 20 Neff Rental LLC, 11.25%, 06/15/2012.............................. 23 20 Rental Service Corp., 9.50%, 12/01/2014 (I)........................... 21 20 Sunstate Equipment Co., 10.50%, 04/01/2013 (I).......................... 21 10 United Rentals North America, Inc., 7.00%, 02/15/2014............................... 10 ------- 224 ------- FOREIGN GOVERNMENTS -- 3.7% EUR 10 Argentina (Republic of), 1.20%, 12/31/2038............................... 6 ARS 45 Argentina (Republic of), 2.00%, 09/30/2014............................... 13 ARS 34 Argentina (Republic of), 2.00%, 02/04/2018............................... 10
PRINCIPAL MARKET AMOUNT (B) VALUE (W) - ---------- --------- FOREIGN GOVERNMENTS -- (CONTINUED) $ 38 Argentina (Republic of), 5.48%, 08/03/2012 (L)........................... $ 36 ARS 29 Argentina (Republic of), 5.83%, 12/31/2033............................... 10 15 Argentina (Republic of), 7.00%, 09/12/2013............................... 15 10 Argentina (Republic of), 7.00%, 04/17/2017............................... 9 6 Argentina (Republic of), 8.28%, 12/31/2033............................... 6 ARS 45 Argentina (Republic of), 11.67%, 02/20/2008 (L).......................... 15 100 Brazil (Republic of), 6.00%, 01/17/2017............................... 102 15 Brazil (Republic of), 7.88%, 03/07/2015............................... 17 45 Brazil (Republic of), 8.25%, 01/20/2034............................... 58 50 Brazil (Republic of), 8.88%, 10/14/2019............................... 64 BRL 65 Brazil (Republic of), 10.00%, 01/01/2014.............................. 32 BRL 5 Brazil (Republic of), 10.00%, 01/01/2017.............................. 24 45 Colombia (Republic of), 8.25%, 12/22/2014............................... 52 25 Colombia (Republic of), 10.38%, 01/28/2033.............................. 37 5 Costa Rica (Republic of), 8.05%, 01/31/2013 (K)........................... 6 5 Costa Rica (Republic of), 10.00%, 08/01/2020 (K).......................... 7 10 Ecuador (Republic of), 10.00%, 08/15/2030 (K).......................... 9 IDR 300,000 Indonesia Government, 11.00%, 11/15/2020.............................. 35 5 Panama (Republic of), 6.70%, 01/26/2036............................... 5 10 Panama (Republic of), 7.25%, 03/15/2015............................... 11 10 Panama (Republic of), 9.38%, 07/23/2012............................... 12 29 Peru (Republic of), 6.55%, 03/14/2037............................... 31 10 Peru (Republic of), 8.75%, 11/21/2033............................... 13 85 Philippines (Republic of), 9.38%, 01/18/2017............................... 105 15 Turkey (Republic of), 6.88%, 03/17/2036............................... 15 100 Turkey (Republic of), 7.25%, 03/15/2015............................... 104 5 Turkey (Republic of), 8.00%, 02/14/2034............................... 6 20 Turkey (Republic of), 9.50%, 01/15/2014............................... 23
The accompanying notes are an integral part of these financial statements. 113 THE HARTFORD BALANCED INCOME FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ---------- --------- CORPORATE BONDS: NON-INVESTMENT GRADE -- (CONTINUED) FOREIGN GOVERNMENTS -- (CONTINUED) $ 10 Uruguay (Republic of), 7.63%, 03/21/2036............................... $ 11 15 Venezuela (Republic of), 5.38%, 08/07/2010 (K)........................... 15 70 Venezuela (Republic of), 5.75%, 02/26/2016............................... 65 5 Venezuela (Republic of), 6.36%, 04/20/2011 (L)........................... 5 10 Venezuela (Republic of), 7.00%, 12/01/2018 (K)........................... 10 30 Venezuela (Republic of), 8.50%, 10/08/2014............................... 33 ------- 1,027 ------- HEALTH CARE -- 0.6% 20 Advanced Medical Optics, Inc., 7.50%, 05/01/2017 (I)........................... 21 15 Angiotech Pharmaceuticals, Inc., 7.75%, 04/01/2014............................... 14 35 CDRV Investors, Inc., 9.50%, 01/01/2015 (M)........................... 31 20 Elan Financial plc, 7.75%, 11/15/2011............................... 20 20 Elan Financial plc, 9.36%, 11/15/2011 (L)........................... 20 35 HCA, Inc., 9.63%, 11/15/2016 (I)........................... 38 10 Rite Aid Corp., 7.50%, 03/01/2017............................... 10 15 Tenet Healthcare Corp., 9.88%, 07/01/2014............................... 16 ------- 170 ------- SERVICES -- 1.3% 30 AMC Entertainment, Inc., 8.00%, 03/01/2014............................... 31 15 Carriage Services, Inc., 7.88%, 01/15/2015............................... 15 5 Clarke American Corp., 9.50%, 05/15/2015 (I)........................... 5 15 Coleman Cable, Inc., 9.88%, 10/01/2012 (I)........................... 16 20 CSC Holdings, Inc., 7.63%, 07/15/2018............................... 20 30 Liberty Media Corp., 7.88%, 07/15/2009............................... 31 10 Liberty Media Corp., 8.50%, 07/15/2029............................... 10 15 Majestic Star LLC/CAP II, 9.75%, 01/15/2011............................... 14 10 Marquee Holdings, Inc., 7.66%, 08/15/2014 (M)........................... 9 20 OED Corp./Diamond Jo LLC, 8.75%, 04/15/2012............................... 20
PRINCIPAL MARKET AMOUNT VALUE (W) - ---------- --------- SERVICES -- (CONTINUED) $ 20 Open Solutions, Inc., 9.75%, 02/01/2015 (I)........................... $ 21 20 Park Place Entertainment Corp., 8.13%, 05/15/2011............................... 21 30 RH Donnelley Corp., 6.88%, 01/15/2013............................... 30 10 Seminole Hard Rock Entertainment, 7.85%, 03/15/2014 (I)(L)........................ 10 10 Sensata Technologies, 8.00%, 05/01/2014............................... 10 10 Service Corp. International, 7.00%, 06/15/2017............................... 10 10 Six Flags, Inc., 8.88%, 02/01/2010............................... 10 20 SunGard Data Systems, Inc., 9.13%, 08/15/2013............................... 21 12 SunGard Data Systems, Inc., 10.25%, 08/15/2015.............................. 13 25 Virgin River Casino Corp., 9.00%, 01/15/2012............................... 26 15 West Corp., 11.00%, 10/15/2016 (I).......................... 17 ------- 360 ------- TECHNOLOGY -- 0.9% 20 ALH Finance Corp., 8.50%, 01/15/2013............................... 20 15 CCH II Holdings LLC/CCH II Capital, 10.25%, 10/01/2013.............................. 16 20 Charter Communications Operating LLC, 8.00%, 04/30/2012 (I)........................... 21 3 Charter Communications, Inc., 5.88%, 11/16/2009............................... 4 10 Dobson Cellular Systems, 8.38%, 11/01/2011............................... 11 25 Freescale Semiconductor, Inc., 10.13%, 12/15/2016 (I).......................... 25 20 Idearc, Inc., 8.00%, 11/15/2016 (I)........................... 21 15 Intelsat Intermediate, 8.49%, 02/01/2015 (M)........................... 13 20 Mediacom Broadband LLC, 8.50%, 10/15/2015............................... 21 5 ON Semiconductor Corp., 2.63%, 12/15/2026............................... 6 15 PGS Solutions, Inc., 9.63%, 02/15/2015 (I)........................... 15 30 Qwest Corp., 7.63%, 06/15/2015............................... 32 10 UGS Corp., 10.00%, 06/01/2012.............................. 11 30 Windstream Corp., 8.13%, 08/01/2013............................... 34 ------- 250 -------
The accompanying notes are an integral part of these financial statements. 114 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ---------- --------- CORPORATE BONDS: NON-INVESTMENT GRADE -- (CONTINUED) TRANSPORTATION -- 0.1% $ 10 American Rail Car Industries, Inc., 7.50%, 03/01/2014............................... $ 10 28 Continental Airlines, Inc., 9.80%, 04/01/2021............................... 31 ------- 41 ------- UTILITIES -- 0.3% 10 Aquila, Inc., 14.88%, 07/01/2012.............................. 13 5 CIA Transporte Energia, 8.88%, 12/15/2016 (I)........................... 5 10 National Power Corp., 9.88%, 03/16/2010............................... 11 25 NRG Energy, Inc., 7.38%, 01/15/2017............................... 26 20 TXU Corp., 6.50%, 11/15/2024............................... 18 ------- 73 ------- Total corporate bonds: non-investment grade (cost $2,581)................................... $ 2,660 ------- CONTRACTS - ---------- CALL OPTIONS PURCHASED -- 0.0% ISSUER/EXPIRATION DATE/EXERCISE PRICE 25 Turkey (Republic of), 05/29/2007, $95.50.......... $ 1 ------- Total call options purchased (cost $--)...................................... $ 1 ------- PRINCIPAL AMOUNT - ---------- U.S. GOVERNMENT SECURITIES -- 3.5% U.S. TREASURY SECURITIES -- 3.5% $ 400 2.625% 2008....................................... $ 391 125 4.875% 2016....................................... 127 200 5.125% 2011....................................... 205 225 6.00% 2026 (S).................................... 255 ------- Total U.S. government securities (cost $978)..................................... $ 978 ------- Total long-term investments (cost $25,462).................................. $26,690 ------- SHORT-TERM INVESTMENTS -- 4.8% FINANCE -- 0.1% 20 HSBC Bank USA, 7.65%, 06/18/2007 (M)........................... $ 20 ------- REPURCHASE AGREEMENTS -- 4.7 % 433 Bank of America Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 433 161 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 161
PRINCIPAL MARKET AMOUNT VALUE (W) - ---------- --------- REPURCHASE AGREEMENTS -- (CONTINUED) $ 5 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... $ 5 215 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 215 491 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 491 ------- 1,305 ------- Total short-term investments (cost $1,325)................................... $ 1,325 ------- Total investments in securities (cost $26,787) (C).............................. $28,015 =======
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 13.13% of total net assets at April 30, 2007. (B) All principal amounts are in U.S. dollars unless otherwise indicated. ARS -- Argentine Peso BRL -- Brazilian Real EUR -- EURO IDR -- Indonesian Rupiah MXP -- Mexican Peso
(C) At April 30, 2007, the cost of securities for federal income tax purposes was $26,789 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation.......................... $1,272 Unrealized depreciation.......................... (46) ------ Net unrealized appreciation...................... $1,226 ======
(D) Currently non-income producing. (I) Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at April 30, 2007, was $1,358, which represents 4.88% of total net assets. (K) Securities contain some restrictions as to public resale. These securities comply with Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, and are determined to be liquid. At April 30, 2007, the market value of these securities amounted to $250 or 0.90% of total net assets. (L) Variable rate securities; the rate reported is the coupon rate in effect at April 30, 2007. (M) The interest rate disclosed for these securities represents the effective yield on the date of acquisition. The accompanying notes are an integral part of these financial statements. 115 THE HARTFORD BALANCED INCOME FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - -------------------------------------------------------------------------------- (S) Security pledged as initial margin deposit for open futures contracts at April 30, 2007. FUTURES CONTRACTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED NUMBER OF APPRECIATION DESCRIPTION CONTRACTS* POSITION EXPIRATION (DEPRECIATION) ----------- ---------- -------- ---------- -------------- 5 Year U.S. Treasury Note 10 Long June 2007 $1 ==
* The number of contracts does not omit 000's. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. FORWARD FOREIGN CURRENCY CONTRACTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED MARKET CONTRACT DELIVERY APPRECIATION DESCRIPTION TRANSACTION VALUE AMOUNT DATE (DEPRECIATION) - ----------- ----------- ------ -------- ---------- -------------- Argentine Peso Sell $ 5 $ 5 06/20/2007 $-- Brazilian Real Buy 7 7 06/20/2007 -- Euro Sell 5 5 06/20/2007 -- Peruvian New Sol Buy 14 14 06/20/2007 -- Peruvian New Sol Sell 6 6 06/20/2007 -- --- $-- ===
The accompanying notes are an integral part of these financial statements. 116 THE HARTFORD CAPITAL APPRECIATION FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) -------- ----------- COMMON STOCK -- 95.4% BASIC MATERIALS -- 12.2% 2,023 Aracruz Celulose S.A. ADR......................... $ 111,251 4,202 Cameco Corp. (G).................................. 195,879 498 Church & Dwight Co., Inc. (G)..................... 25,253 6,070 Companhia Vale do Rio Doce ADR.................... 246,515 7,111 Dow Chemical Co. ................................. 317,240 3,327 Freeport-McMoRan Copper & Gold, Inc. ............. 223,422 794 IPSCO, Inc. ...................................... 117,437 557 Potash Corp. of Saskatchewan...................... 99,975 2,500 Rio Tinto plc (A)................................. 151,912 1,695 Teck Cominco Ltd. Class B (D)..................... 128,384 9,773 Vedanta Resources plc (A)......................... 266,116 4,160 Xstrata plc (A)................................... 216,449 ----------- 2,099,833 ----------- CAPITAL GOODS -- 7.9% 2,191 3M Co. ........................................... 181,349 9,298 ABB Ltd. ADR...................................... 185,596 2,449 Atlas Copco AB (A)(G)............................. 92,952 2,243 Boeing Co. ....................................... 208,637 267 Caterpillar, Inc. ................................ 19,360 1,710 Deere & Co. ...................................... 187,063 3,800 Ingersoll-Rand Co. Class A........................ 169,670 1,681 ITT Corp. ........................................ 107,233 900 Joy Global, Inc. (G).............................. 45,567 8,400 Xerox Corp. (D)................................... 155,400 ----------- 1,352,827 ----------- CONSUMER CYCLICAL -- 7.8% 1,719 BorgWarner, Inc. ................................. 133,965 5,924 Federated Department Stores, Inc. (G)............. 260,165 15,072 Ford Motor Co. (G)................................ 121,179 4,398 Honda Motor Co., Ltd. (A)......................... 151,061 1,891 LG Electronics, Inc. (A)(D)....................... 126,095 2,005 Ltd. Brands, Inc. ................................ 55,278 5,896 TJX Cos., Inc. ................................... 164,439 5,226 Toyota Motor Corp. (A)............................ 317,416 357 Whole Foods Market, Inc. (G)...................... 16,709 ----------- 1,346,307 ----------- CONSUMER STAPLES -- 3.0% 3,010 Bunge Ltd. Finance Corp. (G)...................... 228,060 3,874 Cosan S.A. Industria E Comercio (D)............... 77,697 2,250 Procter & Gamble Co. ............................. 144,704 3,196 Tyson Foods, Inc. Class A......................... 66,984 ----------- 517,445 ----------- ENERGY -- 9.0% 2,162 EnCana Corp. (G).................................. 113,413 2,077 Ente Nazionale Idrocarburi S.p.A. (A)............. 68,872 11,285 Halliburton Co. (G)............................... 358,531 5,955 OAO Gazprom ADR (K)............................... 237,295 5,696 Pride International, Inc. (D)..................... 186,892 3,573 Sasol Ltd. ADR.................................... 122,072
MARKET SHARES VALUE (W) -------- ----------- ENERGY -- (CONTINUED) 5,000 Weatherford International Ltd. (D)................ $ 262,450 3,500 XTO Energy, Inc. ................................. 189,945 ----------- 1,539,470 ----------- FINANCE -- 14.5% 4,634 ACE Ltd. ......................................... 275,561 26,085 Akbank T.A.S (A).................................. 187,666 1,777 American International Group, Inc. ............... 124,202 201 Augsburg Re AG (A)(D)(H).......................... -- 2,019 Capital One Financial Corp. ...................... 149,924 4,873 China CITIC Bank (D).............................. 4,093 7,076 Citigroup, Inc. .................................. 379,398 445 Commerce Bancorp, Inc. (G)........................ 14,871 413 Deutsche Boerse AG (A)(G)......................... 96,950 1,150 Eurocastle Investment Ltd. ....................... 60,708 3,600 European Capital Ltd. (A)(D)(H)................... 47,703 3,138 Julius Baer Holding Ltd. (A)(G)................... 218,783 326 ORIX Corp. (A).................................... 86,898 587 Raiffeisen International Bank Holding AG (A)...... 81,165 1,957 Reliance Zero (D) (I)............................. 74,160 1,435 Standard Chartered plc (A)........................ 44,349 2,768 UBS AG............................................ 179,650 2,445 Uniao de Bancos Brasileiros S.A. GDR.............. 237,273 2,800 Wellpoint, Inc. (D)............................... 221,116 ----------- 2,484,470 ----------- HEALTH CARE -- 6.8% 1,469 Abbott Laboratories............................... 83,146 5,930 CVS/Caremark Corp. ............................... 214,903 2,986 Eli Lilly & Co. .................................. 176,533 1,585 Monsanto Co. ..................................... 93,470 1,142 Sanofi-Aventis S.A. (A)(G)........................ 104,553 1,933 Sanofi-Aventis S.A. ADR........................... 88,647 4,027 Teva Pharmaceutical Industries Ltd. ADR........... 154,271 4,526 Wyeth............................................. 251,193 ----------- 1,166,716 ----------- SERVICES -- 3.6% 233 Computer Sciences Corp. (D)....................... 12,941 500 Fluor Corp. ...................................... 47,810 25 Harvey Weinstein Master L.P. (A)(D)(H)............ 32,757 3,000 Melco PBL Entertainment Ltd. ADR (D)(G)........... 52,260 10,872 News Corp. Class A................................ 243,422 750 Starwood Hotels & Resorts......................... 50,265 19,031 Sun Microsystems, Inc. (D)........................ 99,343 2,300 Walt Disney Co. .................................. 80,454 ----------- 619,252 ----------- TECHNOLOGY -- 28.3% 2,515 Akamai Technologies, Inc. (D)..................... 110,852 3,738 Amdocs Ltd. (D)................................... 137,379 1,005 Apple, Inc. (D)................................... 100,299 5,800 AT&T, Inc. ....................................... 224,576 5,026 BEA Systems, Inc. (D)(G).......................... 59,253 10,821 Cisco Systems, Inc. (D)........................... 289,340 1,795 Cognex Corp. (G).................................. 38,689
The accompanying notes are an integral part of these financial statements. 117 THE HARTFORD CAPITAL APPRECIATION FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) -------- ----------- COMMON STOCK -- (CONTINUED) TECHNOLOGY -- (CONTINUED) 4,527 Corning, Inc. (D)................................. $ 107,371 779 Dover Corp. ...................................... 37,490 17,805 EMC Corp. (D)..................................... 270,277 11,205 General Electric Co. ............................. 413,015 931 Google, Inc. (D).................................. 438,761 5,370 Hewlett-Packard Co. .............................. 226,283 25,029 Hon Hai Precision Industry Co., Ltd. (A).......... 165,067 6,257 Intel Corp. ...................................... 134,534 3,046 International Business Machines Corp. ............ 311,311 1,400 L-3 Communications Holdings, Inc. ................ 125,902 8,123 Medtronic, Inc. .................................. 429,934 1,209 MEMC Electronic Materials, Inc. (D)............... 66,328 455 NII Holdings, Inc. Class B (D).................... 34,929 9,912 Nortel Networks Corp. (D)......................... 226,787 13,673 Oracle Corp. (D).................................. 257,051 3,392 Qualcomm, Inc. ................................... 148,583 4,678 Raytheon Co. ..................................... 250,447 899 Research In Motion Ltd. (D)....................... 118,238 10,812 Turkcell Iletisim Hizmetleri A.S. (A)............. 59,385 4,992 Turkcell Iletisim Hizmetleri A.S. ADR (G)......... 70,593 ----------- 4,852,674 ----------- UTILITIES -- 2.3% 1,600 American Electric Power Co., Inc. ................ 80,352 35,220 Datang International Power (A).................... 40,343 4,921 Suntech Power Holdings Co., Ltd. ADR (D)(G)....... 178,541 1,085 Veolia Environment S.A. (A)(G).................... 89,587 ----------- 388,823 ----------- Total common stock (cost $14,006,038).............................. $16,367,817 ----------- PRINCIPAL AMOUNT ----------- CORPORATE BONDS: INVESTMENT GRADE -- 0.1% FINANCE -- 0.1% $ 397 Augsburg Re AG, 0.00%, 12/31/2049 (A)+(H)....................... $ 222 23,500 UBS Luxembourg S.A., 6.23%, 02/11/2015............................... 23,878 ----------- 24,100 ----------- Total corporate bonds: investment grade (cost $24,699).................................. $ 24,100 ----------- Total long-term investments (cost $14,030,737).............................. $16,391,917 ----------- PRINCIPAL MARKET AMOUNT VALUE (W) ----------- ----------- SHORT-TERM INVESTMENTS -- 10.0% REPURCHASE AGREEMENTS -- 4.5% $254,237 Banc of America TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 254,237 94,162 BNP Paribas Security Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 94,162 2,965 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 2,965 126,177 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 126,177 288,136 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 288,136 ----------- 765,677 ----------- SHARES -------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 5.5% CASH COLLATERAL REINVESTMENT FUND: 953,537 BNY Institutional Cash Reserve Fund............... 953,537 ----------- Total short-term investments (cost $1,719,214)............................... $ 1,719,214 ----------- Total investments in securities (cost $15,749,951) (C).......................... $18,111,131 ===========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 31.63% of total net assets at April 30, 2007. (A) The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $2,646,301, which represents 15.43% of total net assets. (C) At April 30, 2007, the cost of securities for federal income tax purposes was $15,766,678 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation....................... $2,548,492 Unrealized depreciation....................... (204,039) ---------- Net unrealized appreciation................... $2,344,453 ==========
(D) Currently non-income producing. (G) Security is partially on loan at April 30, 2007. The accompanying notes are an integral part of these financial statements. 118 - -------------------------------------------------------------------------------- (H) The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.
PERIOD ACQUIRED SHARES/PAR SECURITY COST BASIS -------- ---------- -------- ---------- 06/2006 397 Augsburg Re AG - 144A, 0.00%, 12/31/2049 $ 739 06/2006 201 Augsburg Re AG - 144A 64 10/2005- 3,600 European Capital Ltd. - Reg 12/2006 D 45,353 10/2005 25 Harvey Weinstein Master L.P. - Reg D 23,636
The aggregate value of these securities at April 30, 2007 was $80,682, which represents 0.47% of total net assets. (I) Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at April 30, 2007, was $74,160, which represents 0.43% of total net assets. (K) Securities contain some restrictions as to public resale. These securities comply with Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, and are determined to be liquid. At April 30, 2007, the market value of these securities amounted to $237,295 or 1.38% of total net assets. + Convertible debt security. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. FORWARD FOREIGN CURRENCY CONTRACTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED MARKET CONTRACT DELIVERY APPRECIATION DESCRIPTION TRANSACTION VALUE AMOUNT DATE (DEPRECIATION) - ----------- ----------- ------ -------- ---------- -------------- Euro Sell $824,970 $794,338 12/20/2007 $(30,632) ========
The accompanying notes are an integral part of these financial statements. 119 THE HARTFORD CAPITAL APPRECIATION II FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 93.5% BASIC MATERIALS -- 12.0% 12 Aber Diamond Corp. ............................... $ 420 16 Alcan, Inc. ...................................... 936 143 Alcoa, Inc. ...................................... 5,086 2 Allegheny Technologies, Inc. ..................... 199 17 Aracruz Celulose S.A. ADR......................... 922 81 Arch Coal, Inc. .................................. 2,914 8 BHP Billiton Ltd. ADR (G)......................... 400 22,201 Bumi Resources TBK PT (A)......................... 3,352 208 Cameco Corp. ..................................... 9,687 29 Celanese Corp. ................................... 964 131 Chemtura Corp. ................................... 1,446 9 Companhia Siderurgica Nacional S.A. .............. 370 152 Companhia Vale do Rio Doce ADR.................... 6,186 27 Cytec Industries, Inc. ........................... 1,488 11 Dow Chemical Co. ................................. 487 25 E.I. DuPont de Nemours & Co. ..................... 1,210 19 Energy Resources of Australia Ltd. (A)............ 400 57 Evraz Group S.A. ................................. 2,000 75 First Uranium Corp. (D)........................... 834 7 FMC Corp. ........................................ 531 126 Freeport-McMoRan Copper & Gold, Inc. ............. 8,467 13 Haynes International, Inc. (D).................... 1,037 64 Impala Platinum Holdings Ltd. (A)................. 2,055 8 IPSCO, Inc. ...................................... 1,138 165 Jarden Corp. (D).................................. 6,964 52 Mueller Water Products, Inc. Class B.............. 743 23 Outotec Oyj (A)................................... 981 103 Owens-Illinois, Inc. (D).......................... 3,087 41 Paladin Resources Ltd. (A)(D)(G).................. 322 54 Potash Corp. of Saskatchewan...................... 9,774 21 Rio Tinto plc (A)................................. 1,297 12 Rio Tinto plc ADR................................. 2,977 17 Schnitzer Steel Industries, Inc. ................. 893 99 Smurfit-Stone Container Corp. (D)................. 1,192 217 SXR Uranium One, Inc. (D)......................... 3,251 19 Teck Cominco Ltd. Class B (D)..................... 1,436 46 TMK OAO GDR (D) (I)............................... 1,660 4 United States Steel Corp. ........................ 378 56 Vedanta Resources plc (A)......................... 1,511 86 Xstrata plc (A)................................... 4,486 -------- 93,481 -------- CAPITAL GOODS -- 3.8% 43 ABB Ltd. ADR...................................... 858 17 Alliant Techsystems, Inc. (D)..................... 1,537 18 Alstom RGPT (A)(D)................................ 2,672 21 Atlas Copco AB (A)(G)............................. 790 12 Bucyrus International, Inc. ...................... 725 7 Caterpillar, Inc. ................................ 477 25 Danieli & Co. (A)................................. 675 33 Deere & Co. ...................................... 3,635 113 Goodrich Corp. ................................... 6,440 14 ITT Corp. ........................................ 903 16 Joy Global, Inc. ................................. 830 33 Kennametal, Inc. ................................. 2,357
MARKET SHARES VALUE (W) - --------- --------- CAPITAL GOODS -- (CONTINUED) 57 Lam Research Corp. (D)............................ $ 3,071 5 National Oilwell Varco, Inc. (D).................. 399 54 Sandvik AB (A)(G)................................. 1,022 30 Varian Semiconductor Equipment Associates, Inc. (D)............................................. 2,011 56 Xerox Corp. (D)................................... 1,037 -------- 29,439 -------- CONSUMER CYCLICAL -- 7.8% 59 Aisin Seiki Co., Ltd. (A)......................... 1,950 70 American Axle & Manufacturing Holdings, Inc. (G)............................................. 1,962 95 Circuit City Stores, Inc. ........................ 1,656 38 Copart, Inc. (D).................................. 1,113 67 Federated Department Stores, Inc. ................ 2,933 150 Foot Locker, Inc. ................................ 3,578 886 Ford Motor Co. (G)................................ 7,123 10 Foster Wheeler Ltd. (D)........................... 657 60 Home Depot, Inc. ................................. 2,287 24 Honda Motor Co., Ltd. ADR......................... 830 110 Jamba, Inc. (D)(G)................................ 965 65 KarstadtQuelle AG (A)(D)(G)....................... 2,496 113 Kohl's Corp. (D).................................. 8,374 24 LG Electronics, Inc. (A)(D)....................... 1,620 24 Ltd. Brands, Inc. ................................ 667 24 MDC Holdings, Inc. ............................... 1,230 16 Metso Oyj (A)..................................... 863 123 Ruby Tuesday, Inc. (G)............................ 3,294 68 Safeway, Inc. .................................... 2,465 334 Tesco plc (A)..................................... 3,076 123 Tiffany & Co. .................................... 5,871 29 Tod's S.p.A. (A).................................. 2,695 24 Toyota Motor Corp. (A)............................ 1,427 46 TRW Automotive Holdings Corp. (D)................. 1,705 -------- 60,837 -------- CONSUMER STAPLES -- 2.9% 67 Avon Products, Inc. .............................. 2,650 77 Darling International, Inc. (D)................... 593 68 Imperial Tobacco Group plc (A).................... 2,957 2,398 Marine Harvest (A)(D)(G).......................... 2,561 12 Nestle S.A. (A)(G)................................ 4,621 140 Origin Agritech Ltd. (D).......................... 1,213 56 Royal Numico N.V. (A)(H).......................... 3,085 31 Tyson Foods, Inc. Class A......................... 655 140 Unilever N.V. NY Shares........................... 4,272 -------- 22,607 -------- ENERGY -- 6.1% 216 Brasil EcoDiesel Industria (D).................... 987 6 Core Laboratories N.V. (D)........................ 584 13 EnCana Corp. ..................................... 698 50 Ente Nazionale Idrocarburi S.p.A. (A)............. 1,644 40 Exxon Mobil Corp. ................................ 3,191 23 GlobalSantaFe Corp. .............................. 1,485 171 Halliburton Co. .................................. 5,427 28 Lukoil ADR........................................ 2,145
The accompanying notes are an integral part of these financial statements. 120 - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) ENERGY -- (CONTINUED) 35 Newfield Exploration Co. (D)...................... $ 1,518 28 Noble Corp. ...................................... 2,331 38 Noble Energy, Inc. ............................... 2,211 99 OAO Gazprom ADR (K)............................... 3,936 35 Petro-Canada...................................... 1,547 53 Sasol Ltd. ADR.................................... 1,817 131 Talisman Energy, Inc.+............................ 2,497 147 Talisman Energy, Inc.+............................ 2,780 66 Total S.A. ADR.................................... 4,882 22 UGI Corp. ........................................ 635 11 Valero Energy Corp. .............................. 758 71 Weatherford International Ltd. (D)................ 3,737 52 XTO Energy, Inc. ................................. 2,800 -------- 47,610 -------- FINANCE -- 15.9% 151 ACE Ltd. ......................................... 8,948 94 Aercap Holdings N.V. (D).......................... 2,733 46 Aetna, Inc. ...................................... 2,171 25 Affiliated Managers Group, Inc. (D)(G)............ 2,894 155 Aircastle Ltd. ................................... 5,164 230 Akbank T.A.S (A).................................. 1,652 21 AMBAC Financial Group, Inc. ...................... 1,928 40 American International Group, Inc. ............... 2,782 147 Apollo Investment Corp. .......................... 3,223 264 Asya Katilim Bankasi AS (A)(D).................... 1,537 18 Axis Capital Holdings Ltd. ....................... 657 195 Bank of America Corp. ............................ 9,903 135 Capital One Financial Corp. ...................... 10,054 21 China CITIC Bank (D).............................. 18 948 China Merchants Bank Co., Ltd. (A)(D)............. 2,307 23 CIT Group, Inc. .................................. 1,372 55 Citigroup, Inc. .................................. 2,933 37 Climate Exchange plc (A)(D)....................... 907 79 Commerce Bancorp, Inc. ........................... 2,634 87 Dah Sing Financial Group (A)...................... 742 18 Deutsche Boerse AG (A)(G)......................... 4,216 127 E*Trade Financial Corp. (D)....................... 2,793 23 Erste Bank Der Oesterreichischen Sparkassen AG (A)............................................. 1,835 9 Eurocastle Investment Ltd. ....................... 459 29 Everest Re Group Ltd. ............................ 2,921 531 Freedom Acquisition Holdings, Inc. (D)............ 5,799 140 Genesis Lease Ltd. ............................... 3,780 236 Hong Kong Exchanges & Clearing Ltd. (A)........... 2,244 412 Hopson Development Holdings Ltd. (A).............. 966 42 Julius Baer Holding Ltd. (A)...................... 2,948 35 KKR Financial Corp. .............................. 935 214 Nasdaq Stock Market, Inc. (D)..................... 6,961 32 Nuveen Investments, Inc. Class A.................. 1,711 2 ORIX Corp. (A).................................... 533 125 PennantPark Investment Corp. (D).................. 1,875 43 Platinum Underwriters Holdings Ltd. .............. 1,468 153 Royal Bank of Scotland Group plc (A).............. 5,852
MARKET SHARES VALUE (W) - --------- --------- FINANCE -- (CONTINUED) 27 TD Ameritrade Holding Corp. (D)................... $ 465 108 UBS AG............................................ 7,016 337 UniCredito Italiano S.p.A. (A).................... 3,460 31 Unum Group........................................ 779 -------- 123,575 -------- HEALTH CARE -- 9.0% 10 Abbott Laboratories............................... 578 92 Alkermes, Inc. (D)................................ 1,516 39 Amylin Pharmaceuticals, Inc. (D)(G)............... 1,612 19 Astellas Pharma, Inc. (A)......................... 809 42 Bristol-Myers Squibb Co. ......................... 1,201 24 Cie Generale d'Optique Essilor International S.A. (A)(D)(G)....................................... 2,837 48 Cooper Co., Inc. ................................. 2,448 139 CVS/Caremark Corp. ............................... 5,051 118 Digene Corp. (D).................................. 5,410 14 Eisai Co., Ltd. (A)(G)............................ 674 39 Eli Lilly & Co. .................................. 2,294 125 HealthSouth Corp. (D)(G).......................... 2,626 414 Hengan International Group Co., Ltd. (A).......... 1,313 183 Impax Laboratories, Inc. (D)...................... 1,843 8 Kyphon, Inc. (D).................................. 368 80 MGI Pharma, Inc. (D).............................. 1,764 15 Monsanto Co. ..................................... 900 26 Sanofi-Aventis S.A. (A)(G)........................ 2,403 87 Sanofi-Aventis S.A. ADR........................... 3,985 487 Schering-Plough Corp. ............................ 15,460 152 Shionogi & Co., Ltd. (A).......................... 2,962 167 St. Jude Medical, Inc. (D)........................ 7,163 22 Teva Pharmaceutical Industries Ltd. ADR........... 838 68 Wyeth............................................. 3,752 -------- 69,807 -------- SERVICES -- 6.1% 130 Allied Waste Industries, Inc. (D)................. 1,743 95 Avis Budget Group, Inc. .......................... 2,681 208 BearingPoint, Inc. (D)............................ 1,523 47 CACI International, Inc. Class A (D).............. 2,131 16 Comcast Corp. Class A (D)......................... 432 116 Comcast Corp. Special Class A (D)................. 3,061 56 Entercom Communications Corp. .................... 1,562 130 Equifax, Inc. (D)................................. 5,158 10 Fluor Corp. ...................................... 990 196 Focus Media Holding Ltd. ADR (D)(G)............... 7,250 133 Genius Products, Inc. (D)......................... 401 100 Melco PBL Entertainment Ltd. ADR (D).............. 1,742 53 News Corp. Class A................................ 1,178 40 R.H. Donnelley Corp. (D).......................... 3,151 244 Resources Connection, Inc. (D).................... 7,364 634 Shangri-La Asia Ltd. (A).......................... 1,550 116 Shine Media Acquisition Corp. (D)................. 769 41 Sunopta, Inc. (D)................................. 524 1,123 Thorium Power Ltd. (D)............................ 286 86 Unisys Corp. (D).................................. 673
The accompanying notes are an integral part of these financial statements. 121 THE HARTFORD CAPITAL APPRECIATION II FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) SERVICES -- (CONTINUED) 12 Viacom, Inc. Class B (D).......................... $ 507 76 Walt Disney Co. .................................. 2,670 -------- 47,346 -------- TECHNOLOGY -- 25.8% 487 Activision, Inc. (D)#............................. 9,748 208 Adobe Systems, Inc. (D)........................... 8,640 37 Apple, Inc. (D)................................... 3,713 70 Arrow Electronics, Inc. (D)....................... 2,782 49 Canon, Inc. (A)................................... 2,727 200 Cinram International Income Fund.................. 4,487 246 Cisco Systems, Inc. (D)........................... 6,567 373 Corning, Inc. (D)................................. 8,851 76 Ctrip.com International Ltd. ..................... 5,375 40 Electronic Arts, Inc. (D)......................... 2,011 21 Embarq Corp. ..................................... 1,239 608 EMC Corp. (D)..................................... 9,232 58 Fairchild Semiconductor International, Inc. (D)... 1,014 50 First Data Corp. ................................. 1,620 180 Flextronics International Ltd. (D)................ 2,001 324 Fossil, Inc. (D)(G)............................... 9,119 131 Garmin Ltd. (G)................................... 7,639 77 General Electric Co. ............................. 2,846 14 Google, Inc. (D).................................. 6,611 8 Hologic, Inc. (D)................................. 463 107 Infineon Technologies AG (A)(D)................... 1,661 102 Intel Corp. ...................................... 2,193 203 Interactive Data Corp. ........................... 5,822 29 International Business Machines Corp. ............ 2,974 81 Koninklijke Philips Electronics N.V. (A).......... 3,311 48 Medtronic, Inc. .................................. 2,551 23 MEMC Electronic Materials, Inc. (D)............... 1,259 106 Microsoft Corp. .................................. 3,159 131 Mitsubishi Electric Corp. (A)..................... 1,270 23 NCR Corp. (D)..................................... 1,159 288 Network Appliance, Inc. (D)....................... 10,705 103 Nokia Oyj (A)(D).................................. 2,593 112 Nortel Networks Corp. (D)......................... 2,561 393 Oracle Corp. (D).................................. 7,383 44 Orascom Telecom Holding SAE ADR................... 2,975 135 Powerwave Technologies, Inc. (D).................. 840 75 QLogic Corp. (D).................................. 1,345 97 Qualcomm, Inc. ................................... 4,240 11 Raytheon Co. ..................................... 568 71 Research In Motion Ltd. (D)....................... 9,342 50 S.O.I. Tec S.A. (A)(D)(G)......................... 1,172 88 Seagate Technology................................ 1,943 59 Solar Cayman Ltd. (A)(D)(H)....................... 878 469 Sonus Networks, Inc. (D).......................... 3,628 52 Sony Corp. (A).................................... 2,755 243 Sprint Nextel Corp. .............................. 4,877 145 Symantec Corp. (D)................................ 2,552 25 Tektronix, Inc. .................................. 744
MARKET SHARES VALUE (W) - --------- --------- TECHNOLOGY -- (CONTINUED) 115 Tele Norte Leste Participacoes S.A. ADR........... $ 1,878 88 Telefonaktiebolaget LM Ericsson ADR............... 3,345 39 Texas Instruments, Inc. .......................... 1,334 106 Turkcell Iletisim Hizmetleri A.S. ADR............. 1,498 204 VeriFone Holdings, Inc. (D)....................... 7,189 62 Virgin Media, Inc. ............................... 1,557 -------- 199,946 -------- TRANSPORTATION -- 2.5% 190 All America Latina Logistica S.A. ................ 2,244 15 American Commercial Lines, Inc. (D)............... 434 733 Cathay Pacific Airways Ltd. (A)................... 1,895 80 General Dynamics Corp. ........................... 6,281 60 Grupo Aeroportuario Del ADR (D)................... 1,760 101 Knight Transportation, Inc. (G)................... 1,973 37 U.S. Airways Group, Inc. (D)...................... 1,382 112 UAL Corp. (D)(G).................................. 3,734 -------- 19,703 -------- UTILITIES -- 1.6% 227 Calpine Corp. (D)................................. 816 1 E.On AG (A)....................................... 75 29 Electricite de France (A)(D)(G)................... 2,522 34 Exelon Corp. ..................................... 2,528 149 Suntech Power Holdings Co., Ltd. ADR (D)(G)....... 5,409 14 Veolia Environment S.A. (A)(G).................... 1,183 -------- 12,533 -------- Total common stock (cost $662,536)................................. $726,884 -------- WARRANTS -- 0.0% SERVICES -- 0.0% 188 Thorium Power (A)(H).............................. $ -- -------- Total warrants (cost $16)...................................... $ -- -------- Total long-term investments (cost $662,552)................................. $726,884 -------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 11.8% REPURCHASE AGREEMENTS -- 5.4% $13,899 Banc of America TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 13,899 5,148 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 5,148 162 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 162
The accompanying notes are an integral part of these financial statements. 122 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- SHORT-TERM INVESTMENTS -- (CONTINUED) REPURCHASE AGREEMENTS -- (CONTINUED) $ 6,898 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 6,898 15,753 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 15,753 -------- 41,860 -------- SHARES - --------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 6.4% CASH COLLATERAL REINVESTMENT FUND: 49,962 BNY Institutional Cash Reserve Fund............... $ 49,962 -------- Total short-term investments (cost $91,822).................................. $ 91,822 -------- Total investments in securities (cost $754,374) (C)............................. $818,706 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 29.13% of total net assets at April 30, 2007. (A)The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $112,347, which represents 14.45% of total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $756,211 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation......................... $69,342 Unrealized depreciation......................... (6,847) ------- Net unrealized appreciation..................... $62,495 =======
(D)Currently non-income producing. (G)Security is partially on loan at April 30, 2007. (H)The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.
PERIOD ACQUIRED SHARES/PAR SECURITY COST BASIS -------- ---------- -------- ---------- 05/2005-04/2006 56 Royal Numico N.V. $2,102 03/2007 59 Solar Cayman Ltd. 878 04/2006 188 Thorium Power 16
The aggregate value of these securities at April 30, 2007 was $3,963, which represents 0.51% of total net assets. (I)Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at April 30, 2007, was $1,660, which represents 0.21% of total net assets. (K) Securities contain some restrictions as to public resale. These securities comply with Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, and are determined to be liquid. At April 30, 2007, the market value of these securities amounted to $3,936 or 0.51% of total net assets. + Securities listed in more than one exchange. # This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. FORWARD FOREIGN CURRENCY CONTRACTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED MARKET CONTRACT DELIVERY APPRECIATION DESCRIPTION TRANSACTION VALUE AMOUNT DATE (DEPRECIATION) - ----------- ----------- ------ -------- ---------- -------------- British Pound Buy $ 48 $ 48 05/01/2007 $ -- British Pound Sell 187 187 05/02/2007 -- Canadian Dollar Buy 4 4 05/01/2007 -- Canadian Dollar Buy 50 50 05/03/2007 -- Euro Buy 2,037 2,030 05/02/2007 7 Euro Buy 386 386 05/03/2007 -- Euro Buy 181 181 05/04/2007 -- Hong Kong Dollars Sell 120 120 05/02/2007 -- Japanese Yen Buy 9 9 05/01/2007 -- Japanese Yen Buy 166 166 05/02/2007 -- Norwegian Krone Buy 14 14 05/02/2007 -- Norwegian Krone Buy 7 7 05/03/2007 -- ------ $ 7 ======
The accompanying notes are an integral part of these financial statements. 123 THE HARTFORD CONSERVATIVE ALLOCATION FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- AFFILIATED INVESTMENT COMPANIES -- 99.5% EQUITY FUNDS -- 38.8% 527 Hartford Capital Appreciation Fund, Class Y....... $ 22,111 466 Hartford Disciplined Equity Fund, Class Y......... 6,898 1,047 Hartford Equity Income Fund, Class Y.............. 15,470 319 Hartford Global Leaders Fund, Class Y............. 6,708 210 Hartford International Opportunities Fund, Class Y............................................... 3,878 139 Hartford International Small Company Fund, Class Y............................................... 2,335 396 Hartford Select SmallCap Value Fund, Class Y...... 4,693 218 Hartford Small Company Fund, Class Y.............. 5,175 -------- Total equity funds (cost $61,451).................................. $ 67,268 -------- FIXED INCOME FUNDS -- 60.7% 1,165 Hartford Floating Rate Fund, Class Y.............. $ 11,808 1,978 Hartford Income Fund, Class Y..................... 20,550 1,583 Hartford Inflation Plus Fund, Class Y............. 16,716 2,822 Hartford Short Duration Fund, Class Y............. 27,907 2,615 Hartford Total Return Bond Fund, Class Y.......... 28,167 -------- Total fixed income funds (cost $105,142)................................. $105,148 -------- Total investments in affiliated investment companies (cost $166,593) (C)............................. $172,416 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $166,900 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation.......................... $5,739 Unrealized depreciation.......................... (223) ------ Net unrealized appreciation...................... $5,516 ======
(W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 124 THE HARTFORD DISCIPLINED EQUITY FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 99.7% BASIC MATERIALS -- 4.1% 50 Freeport-McMoRan Copper & Gold, Inc. ............. $ 3,324 52 Goodyear Tire & Rubber Co. (D).................... 1,713 95 Kimberly-Clark Corp. ............................. 6,761 40 Lyondell Chemical Co. ............................ 1,254 14 OfficeMax, Inc. .................................. 669 -------- 13,721 -------- CAPITAL GOODS -- 5.1% 79 Hasbro, Inc. ..................................... 2,500 155 Lam Research Corp. (D)............................ 8,341 56 Parker-Hannifin Corp. ............................ 5,178 21 Terex Corp. (D)................................... 1,643 -------- 17,662 -------- CONSUMER CYCLICAL -- 8.9% 128 Altria Group, Inc. ............................... 8,801 19 Avnet, Inc. (D)................................... 769 63 Coach, Inc. (D)(U)................................ 3,096 55 Dillard's, Inc.................................... 1,894 55 Jones Apparel Group, Inc. ........................ 1,846 105 Kohl's Corp. (D).................................. 7,737 45 Mattel, Inc. ..................................... 1,271 39 Newell Rubbermaid, Inc. .......................... 1,181 103 Safeway, Inc. .................................... 3,739 24 TJX Cos., Inc. ................................... 681 -------- 31,015 -------- CONSUMER STAPLES -- 2.0% 88 Kraft Foods, Inc. ................................ 2,958 60 Reynolds American, Inc. (G)....................... 3,843 -------- 6,801 -------- ENERGY -- 11.1% 111 Chevron Corp. .................................... 8,611 150 ConocoPhillips Holding Co. ....................... 10,389 85 Exxon Mobil Corp. ................................ 6,708 7 Marathon Oil Corp. ............................... 680 164 Occidental Petroleum Corp. (U).................... 8,325 56 Valero Energy Corp. .............................. 3,898 -------- 38,611 -------- FINANCE -- 25.6% 119 ACE Ltd. ......................................... 7,064 124 Assurant, Inc. ................................... 7,134 69 Axis Capital Holdings Ltd. ....................... 2,552 235 Bank of America Corp. ............................ 11,967 250 Citigroup, Inc. .................................. 13,386 15 Comerica, Inc. ................................... 910 71 Countrywide Financial Corp. (G)(U)................ 2,614 12 Everest Re Group Ltd. ............................ 1,228 18 Federal Home Loan Mortgage Corp. ................. 1,192 41 Goldman Sachs Group, Inc. (G)..................... 8,985 86 Lehman Brothers Holdings, Inc. ................... 6,444 19 MBIA, Inc. (G).................................... 1,315 62 Medco Health Solutions, Inc. (D).................. 4,829 32 Merrill Lynch & Co., Inc.......................... 2,878
MARKET SHARES VALUE (W) - --------- --------- FINANCE -- (CONTINUED) 19 Metlife, Inc. .................................... $ 1,242 21 PNC Financial Services Group, Inc. ............... 1,534 17 Ryder System, Inc. ............................... 900 46 Travelers Co., Inc. (U)........................... 2,472 78 UnitedHealth Group, Inc. ......................... 4,133 79 US Bancorp........................................ 2,721 161 Western Union Co. ................................ 3,391 -------- 88,891 -------- HEALTH CARE -- 12.3% 17 Abbott Laboratories............................... 948 79 Amylin Pharmaceuticals, Inc. (D)(G)............... 3,282 14 Barr Pharmaceuticals, Inc. (D).................... 667 287 Bristol-Myers Squibb Co. ......................... 8,283 42 Cephalon, Inc. (D)................................ 3,336 29 Coventry Health Care, Inc. (D).................... 1,677 55 Eli Lilly & Co. .................................. 3,276 81 Forest Laboratories, Inc. (D)(G).................. 4,294 17 Gilead Sciences, Inc. (D)......................... 1,422 128 McKesson Corp. ................................... 7,542 253 Schering-Plough Corp. ............................ 8,027 -------- 42,754 -------- SERVICES -- 5.2% 77 Accenture Ltd. Class A............................ 2,999 8 Alliance Data Systems Corp. (D)(G)................ 497 85 EchoStar Communications Corp. Class A (D)......... 3,932 30 Manpower, Inc. (U)................................ 2,383 57 McGraw-Hill Cos., Inc............................. 3,742 22 Omnicom Group, Inc. (G)........................... 2,262 80 Unisys Corp. (D).................................. 629 34 Walt Disney Co. .................................. 1,203 11 Waste Management, Inc. ........................... 392 -------- 18,039 -------- TECHNOLOGY -- 22.7% 68 Apple, Inc. (D)................................... 6,756 291 AT&T, Inc. ....................................... 11,284 25 BMC Software, Inc. (D)............................ 793 31 CenturyTel, Inc. (G).............................. 1,423 54 Cisco Systems, Inc. (D)........................... 1,443 28 Danaher Corp. (G)................................. 2,008 109 Dover Corp. ...................................... 5,260 18 Embarq Corp. ..................................... 1,057 55 First Data Corp. ................................. 1,792 100 General Electric Co. ............................. 3,701 239 Hewlett-Packard Co. .............................. 10,071 40 IAC/Interactive Corp. (D)......................... 1,525 50 International Business Machines Corp. ............ 5,059 8 L-3 Communications Holdings, Inc. ................ 701 77 Lockheed Martin Corp. ............................ 7,422 28 MEMC Electronic Materials, Inc. (D)(U)............ 1,526 15 MetroPCS Communications, Inc. (D)................. 413 286 Oracle Corp. (D).................................. 5,375 139 Qwest Communications International, Inc. (D)(G)(U)....................................... 1,232 12 Research In Motion Ltd. (D)(G).................... 1,632
The accompanying notes are an integral part of these financial statements. 125 THE HARTFORD DISCIPLINED EQUITY FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) TECHNOLOGY -- (CONTINUED) 196 Symantec Corp. (D)(G)............................. $ 3,453 12 Telephone and Data Systems, Inc. ................. 654 39 Whirlpool Corp.................................... 4,124 -------- 78,704 -------- TRANSPORTATION -- 0.2% 10 General Dynamics Corp. ........................... 816 -------- UTILITIES -- 2.5% 9 Constellation Energy Group, Inc. ................. 838 15 Entergy Corp. .................................... 1,742 31 FirstEnergy Corp. (G)............................. 2,142 17 NRG Energy, Inc. (D)(G)........................... 1,327 43 TXU Corp. ........................................ 2,794 -------- 8,843 -------- Total common stock (cost $286,543)................................. $345,857 -------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 7.4% REPURCHASE AGREEMENTS -- 0.1% $ 40 Banc of America Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 40 15 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 15 -- Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... -- 20 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 20 46 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 46 -------- 121 -------- SHARES - --------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 7.3% CASH COLLATERAL REINVESTMENT FUND: 25,405 BNY Institutional Cash Reserve Fund............... 25,405 -------- Total short-term investments (cost $25,526).................................. $ 25,526 -------- Total investments in securities (cost $312,069) (C)............................. $371,383 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 0.47% of total net assets at April 30, 2007. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $312,579 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation......................... $59,642 Unrealized depreciation......................... (838) ------- Net unrealized appreciation..................... $58,804 =======
(D)Currently non-income producing. (G) Security is partially on loan at April 30, 2007. At April 30, 2007, cash valued at $729 was designated to cover open put options written as follows (see Note 2 to the accompanying Notes to Financial Statements):
NUMBER OF EXERCISE EXPIRATION MARKET PREMIUMS ISSUER CONTRACTS* PRICE DATE VALUE (W) RECEIVED ------ ---------- -------- ---------- --------- -------- Countrywide Financial Corp. 65 $30.00 May 2007 $1 $ 8 Dillard's, Inc. 102 30.00 May 2007 1 7 McGraw-Hill Cos., Inc. 77 60.00 May 2007 1 7 Merrill Lynch & Co., Inc. 47 80.00 May 2007 -- 4 Symantec Corp. 2 15.00 May 2007 -- -- Whirlpool Corp. 58 80.00 May 2007 -- 4 -- --- Total Value $3 $30 == ===
* The number of contracts does not omit 000's. (U)At April 30, 2007, securities valued at $4,500 were designated to cover open call options written as follows (see Note 2 to accompanying Notes to Financial Statements):
NUMBER OF EXERCISE EXPIRATION MARKET PREMIUMS ISSUER CONTRACTS* PRICE DATE VALUE (W) RECEIVED ------ ---------- -------- ---------- --------- -------- Coach, Inc. 102 $55.00 May 2007 $ 1 $ 7 Countrywide Financial Corp. 65 40.00 May 2007 3 5 Countrywide Financial Corp. 65 37.50 May 2007 7 4 Manpower, Inc. 69 80.00 May 2007 15 5 MEMC Electronic Materials, Inc. 44 70.00 May 2007 1 6 Occidental Petroleum Corp. 119 55.00 May 2007 2 7 Qwest Communications International, Inc. 163 10.00 May 2007 2 3 Travelers Co., Inc. 95 55.00 May 2007 4 5 --- --- Total Value $35 $42 === ===
* The number of contracts does not omit 000's. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 126 THE HARTFORD DIVIDEND AND GROWTH FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- ---------- COMMON STOCK -- 97.1% BASIC MATERIALS -- 7.7% 1,572 Alcoa, Inc. ...................................... $ 55,794 213 Bowater, Inc. (G)................................. 4,652 537 Companhia Vale do Rio Doce ADR.................... 21,789 1,320 E.I. DuPont de Nemours & Co. ..................... 64,898 796 International Paper Co. (G)....................... 30,036 610 Kimberly-Clark Corp. ............................. 43,378 369 Newmont Mining Corp. ............................. 15,367 516 Pentair, Inc. .................................... 16,568 2,612 Rhodia S.A. (D)................................... 10,685 53 Rio Tinto plc ADR................................. 12,810 366 Rohm & Haas Co. .................................. 18,733 ---------- 294,710 ---------- CAPITAL GOODS -- 4.7% 279 3M Co. ........................................... 23,052 181 Caterpillar, Inc. ................................ 13,173 594 Deere & Co. ...................................... 64,951 275 Parker-Hannifin Corp. ............................ 25,292 557 Pitney Bowes, Inc. ............................... 26,741 1,549 Xerox Corp. (D)................................... 28,664 ---------- 181,873 ---------- CONSUMER CYCLICAL -- 7.9% 690 Altria Group, Inc. ............................... 47,548 508 Avery Dennison Corp. ............................. 31,573 445 Home Depot, Inc. (G).............................. 16,841 550 Honda Motor Co., Ltd. ADR......................... 18,926 1,000 McDonald's Corp. (G).............................. 48,270 336 Nike, Inc. Class B................................ 18,086 694 Staples, Inc. .................................... 17,201 1,004 Sysco Corp. (G)................................... 32,865 1,575 Wal-Mart Stores, Inc. ............................ 75,479 ---------- 306,789 ---------- CONSUMER STAPLES -- 6.6% 340 Bunge Ltd. Finance Corp. (G)...................... 25,781 605 Coca-Cola Co. .................................... 31,596 517 Kraft Foods, Inc. ................................ 17,318 377 Nestle S.A. ADR................................... 37,495 546 PepsiCo, Inc. .................................... 36,065 610 Procter & Gamble Co. ............................. 39,224 1,314 Tyson Foods, Inc. Class A (G)..................... 27,550 472 Unilever N.V. NY Shares (G)....................... 14,399 367 Weyerhaeuser Co. (G).............................. 29,066 ---------- 258,494 ---------- ENERGY -- 15.6% 501 Anadarko Petroleum Corp. (G)...................... 23,358 1,653 Chevron Corp. .................................... 128,618 931 ConocoPhillips Holding Co. ....................... 64,593 900 EnCana Corp. ..................................... 47,216 1,713 Exxon Mobil Corp. ................................ 135,979 621 Royal Dutch Shell plc (G)......................... 43,039
MARKET SHARES VALUE (W) - --------- ---------- ENERGY -- (CONTINUED) 409 Schlumberger Ltd. (G)............................. $ 30,196 1,271 Total S.A. ADR (G)................................ 93,689 761 XTO Energy, Inc. ................................. 41,305 ---------- 607,993 ---------- FINANCE -- 16.2% 560 ACE Ltd. ......................................... 33,321 704 Allstate Corp. ................................... 43,861 801 American International Group, Inc. ............... 56,019 2,127 Bank of America Corp. ............................ 108,256 1,976 Citigroup, Inc. .................................. 105,932 470 Federal Home Loan Mortgage Corp. (G).............. 30,421 479 MBIA, Inc. (G).................................... 33,337 307 Merrill Lynch & Co., Inc. ........................ 27,701 347 Metlife, Inc. .................................... 22,778 254 PNC Financial Services Group, Inc. ............... 18,814 258 Prudential Financial, Inc. ....................... 24,500 635 State Street Corp. (G)............................ 43,739 695 Synovus Financial Corp. .......................... 21,931 926 UBS AG............................................ 60,071 ---------- 630,681 ---------- HEALTH CARE -- 10.0% 1,336 Abbott Laboratories............................... 75,650 483 AstraZeneca plc ADR............................... 26,248 1,604 Bristol-Myers Squibb Co. (G)...................... 46,286 1,446 Eli Lilly & Co. .................................. 85,514 626 Sanofi-Aventis S.A. ADR (G)....................... 28,699 2,627 Schering-Plough Corp. ............................ 83,348 494 Teva Pharmaceutical Industries Ltd. ADR (G)....... 18,933 426 Wyeth............................................. 23,648 ---------- 388,326 ---------- SERVICES -- 7.0% 784 Accenture Ltd. Class A............................ 30,643 518 Automatic Data Processing, Inc. .................. 23,177 129 Broadridge Financial Solutions (D)................ 2,594 843 CBS Corp. Class B................................. 26,796 1,356 Comcast Corp. Class A (D)(G)...................... 36,139 722 Comcast Corp. Special Class A (D)................. 19,050 635 New York Times Co. Class A (G).................... 14,864 1,081 Time Warner, Inc. ................................ 22,295 414 United Parcel Service, Inc. Class B............... 29,137 615 Viacom, Inc. Class B (D).......................... 25,375 1,164 Waste Management, Inc. (G)........................ 43,542 ---------- 273,612 ---------- TECHNOLOGY -- 15.5% 4,045 AT&T, Inc. (G).................................... 156,618 1,931 EMC Corp. (D)..................................... 29,311 2,952 General Electric Co. ............................. 108,814 887 International Business Machines Corp. ............ 90,681 286 Lockheed Martin Corp. ............................ 27,458 1,016 Maxim Integrated Products, Inc. .................. 32,234 1,015 Medtronic, Inc. (G)............................... 53,735 1,414 Microsoft Corp. .................................. 42,326
The accompanying notes are an integral part of these financial statements. 127 THE HARTFORD DIVIDEND AND GROWTH FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- ---------- COMMON STOCK -- (CONTINUED) TECHNOLOGY -- (CONTINUED) 1,043 Verizon Communications, Inc. ..................... $ 39,838 200 Whirlpool Corp. (G)............................... 21,153 ---------- 602,168 ---------- TRANSPORTATION -- 0.5% 1,392 Southwest Airlines Co. (G)........................ 19,978 ---------- UTILITIES -- 5.4% 540 Dominion Resources, Inc. ......................... 49,248 1,041 Exelon Corp. (G).................................. 78,500 779 FPL Group, Inc. .................................. 50,125 298 Progress Energy, Inc. (G)......................... 15,074 208 Veolia Environment ADR (G)........................ 17,182 ---------- 210,129 ---------- Total common stock (cost $2,905,317)............................... $3,774,753 ---------- PRINCIPAL AMOUNT - -------- SHORT-TERM INVESTMENTS -- 16.7% REPURCHASE AGREEMENTS -- 3.1% $ 39,277 Banc of America TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 39,277 14,547 BNP Paribas TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 14,547 458 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 458 19,493 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 19,493 44,514 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 44,515 ---------- $ 118,290 ---------- MARKET SHARES VALUE (W) - -------- ---------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 13.6% CASH COLLATERAL REINVESTMENT FUND: 529,478 BNY Institutional Cash Reserve Fund............... $ 529,478 ---------- Total short-term investments (cost $647,768)................................. $ 647,768 ---------- Total investments in securities (cost $3,553,085) (C)........................... $4,422,521 ==========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 12.38% of total net assets at April 30, 2007. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $3,556,272 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation........................ $885,892 Unrealized depreciation........................ (19,643) -------- Net unrealized appreciation.................... $866,249 ========
(D) Currently non-income producing. (G) Security is partially on loan at April 30, 2007. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 128 THE HARTFORD EQUITY GROWTH ALLOCATION FUND (FORMERLY THE HARTFORD AGGRESSIVE GROWTH ALLOCATION FUND) SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- AFFILIATED INVESTMENT COMPANIES -- 100.0% EQUITY FUNDS -- 100.0% 1,421 Hartford Capital Appreciation Fund, Class Y....... $ 59,602 1,458 Hartford Disciplined Equity Fund, Class Y......... 21,588 821 Hartford Equity Income Fund, Class Y.............. 12,133 866 Hartford Global Leaders Fund, Class Y............. 18,205 517 Hartford Growth Opportunities Fund, Class Y....... 16,549 848 Hartford International Opportunities Fund, Class Y............................................... 15,631 952 Hartford International Small Company Fund, Class Y............................................... 15,989 354 Hartford Select MidCap Value Fund, Class Y........ 4,741 1,499 Hartford Select SmallCap Value Fund, Class Y...... 17,749 925 Hartford Small Company Fund, Class Y.............. 21,957 3,665 Hartford Value Fund, Class Y...................... 48,741 -------- Total investments in affiliated investment companies (cost $228,676) (C)............................. $252,885 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $228,678 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation......................... $24,207 Unrealized depreciation......................... -- ------- Net unrealized appreciation..................... $24,207 =======
(W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 129 THE HARTFORD EQUITY INCOME FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 97.5% BASIC MATERIALS -- 7.9% 140 Air Products and Chemicals, Inc. ................. $ 10,687 276 Alcoa, Inc. ...................................... 9,798 431 Dow Chemical Co. ................................. 19,219 210 E.I. DuPont de Nemours & Co. ..................... 10,320 89 International Paper Co. .......................... 3,338 163 Kimberly-Clark Corp. ............................. 11,610 110 PPG Industries, Inc. ............................. 8,111 -------- 73,083 -------- CAPITAL GOODS -- 6.9% 103 3M Co. ........................................... 8,525 275 American Standard Cos., Inc. ..................... 15,142 120 Deere & Co. ...................................... 13,084 176 Goodrich Corp. ................................... 9,975 348 Pitney Bowes, Inc. ............................... 16,694 -------- 63,420 -------- CONSUMER CYCLICAL -- 2.5% 332 Altria Group, Inc. ............................... 22,902 -------- CONSUMER STAPLES -- 7.1% 134 Campbell Soup Co. (G)............................. 5,239 129 Colgate-Palmolive Co. ............................ 8,718 92 Diageo plc ADR.................................... 7,756 205 General Mills, Inc. .............................. 12,281 239 Kellogg Co. ...................................... 12,649 230 Kraft Foods, Inc. ................................ 7,697 167 PepsiCo, Inc. .................................... 11,037 -------- 65,377 -------- ENERGY -- 11.1% 465 Chevron Corp. .................................... 36,157 301 ConocoPhillips Holding Co. ....................... 20,865 510 Exxon Mobil Corp. ................................ 40,485 89 Royal Dutch Shell plc ADR (G)..................... 6,309 -------- 103,816 -------- FINANCE -- 28.7% 168 ACE Ltd. ......................................... 10,002 186 Allstate Corp. ................................... 11,567 790 Bank of America Corp. ............................ 40,233 235 Bank of New York Co., Inc. ....................... 9,513 286 Chubb Corp. ...................................... 15,393 697 Citigroup, Inc. .................................. 37,379 586 Host Hotels & Resorts, Inc. ...................... 15,020 484 JP Morgan Chase & Co. ............................ 25,211 198 Lloyd's TSB Group plc ADR (G)..................... 9,221 249 PNC Financial Services Group, Inc. ............... 18,438 89 SunTrust Banks, Inc. ............................. 7,478 760 US Bancorp (G).................................... 26,112 387 UBS AG............................................ 25,102 133 Wachovia Corp. ................................... 7,374 233 Wells Fargo & Co. ................................ 8,380 -------- 266,423 --------
MARKET SHARES VALUE (W) - --------- --------- HEALTH CARE -- 8.4% 232 Abbott Laboratories............................... $ 13,136 253 Baxter International, Inc. ....................... 14,325 307 Bristol-Myers Squibb Co. ......................... 8,857 150 Eli Lilly & Co. .................................. 8,870 160 GlaxoSmithKline plc ADR........................... 9,251 423 Wyeth............................................. 23,453 -------- 77,892 -------- SERVICES -- 1.9% 16 Gannett Co., Inc. ................................ 884 198 R.R. Donnelley & Sons Co. ........................ 7,968 235 Waste Management, Inc. ........................... 8,776 -------- 17,628 -------- TECHNOLOGY -- 12.1% 1,157 AT&T, Inc. ....................................... 44,783 215 Chunghwa Telecom Co., Ltd. ADR.................... 4,269 968 General Electric Co. ............................. 35,673 305 Nokia Corp. (D)(G)................................ 7,689 502 Verizon Communications, Inc. (G).................. 19,161 -------- 111,575 -------- UTILITIES -- 10.9% 213 American Electric Power Co., Inc. ................ 10,677 173 Consolidated Edison, Inc. (G)..................... 8,847 124 Dominion Resources, Inc. ......................... 11,327 98 Entergy Corp. .................................... 11,065 218 Exelon Corp. ..................................... 16,417 415 FPL Group, Inc. .................................. 26,703 57 PPL Corp. ........................................ 2,473 138 SCANA Corp. ...................................... 5,986 193 Southern Co. (G).................................. 7,297 -------- 100,792 -------- Total common stock (cost $755,752)................................. $902,908 -------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 6.8% REPURCHASE AGREEMENTS -- 1.3% $ 4,129 Banc of America TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 4,129 1,529 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 1,529 48 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 48
The accompanying notes are an integral part of these financial statements. 130 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- SHORT-TERM INVESTMENTS -- (CONTINUED) REPURCHASE AGREEMENTS -- (CONTINUED) $ 2,049 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 2,049 4,680 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 4,680 -------- 12,435 -------- SHARES - --------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 5.5% CASH COLLATERAL REINVESTMENT FUND: 50,533 BNY Institutional Cash Reserve Fund............... 50,533 -------- Total short-term investments (cost $62,968).................................. $ 62,968 -------- Total investments in securities (cost $818,720) (C)............................. $965,876 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 7.52% of total net assets at April 30, 2007. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $818,832 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation........................ $147,280 Unrealized depreciation........................ (236) -------- Net unrealized appreciation.................... $147,044 ========
(D)Currently non-income producing. (G)Security is partially on loan at April 30, 2007. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 131 THE HARTFORD FLOATING RATE FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES -- 1.1% FINANCE -- 1.1% $ 2,600 Bayview Financial Acquisition Trust, 7.47%, 05/28/2037 (L)........................... $ 2,600 2,000 CS First Boston Mortgage Securities Corp., 7.02%, 11/15/2019 #(I)(L)....................... 1,908 1,800 CS First Boston Mortgage Securities Corp., 7.27%, 11/15/2019 (H)(L)........................ 1,681 30,513 Goldman Sachs Mortgage Securities Corp., 6.82%, 02/01/2008 (J)(L)........................ 30,513 5,000 HELIOS Asset Backed Security, 7.67%, 05/08/2012 (Q)........................... 5,000 659 Lehman Brothers Commercial Mortgage Trust, 6.97%, 07/15/2018 #(I)(L)....................... 656 4,453 Structured Asset Securities Corp., 7.82%, 02/25/2037 (L)........................... 4,372 4,363 Wells Fargo Home Equity Trust, 7.57%, 03/25/2037 (L)........................... 4,171 ---------- Total asset & commercial mortgage backed securities (cost $51,089).................................. $ 50,901 ---------- CORPORATE BONDS: INVESTMENT GRADE -- 0.3% SERVICES -- 0.2% 2,500 Service Corp. International Series A, 7.37%, 11/28/2011 #(J)(L)....................... $ 2,500 8,000 Service Corp. International Series B, 7.37%, 11/28/2011 #(J)(L)....................... 8,000 ---------- 10,500 ---------- TECHNOLOGY -- 0.1% 4,000 Rogers Wireless, Inc., 8.48%, 12/15/2010 #(L).......................... 4,080 ---------- Total corporate bonds: investment grade (cost $14,565).................................. $ 14,580 ---------- CORPORATE BONDS: NON-INVESTMENT GRADE -- 7.8% BASIC MATERIALS -- 2.4% 14,000 Abitibi-Consolidated, Inc., 8.85%, 06/15/2011 #(L).......................... $ 13,720 5,000 Berry Plastics Holding Co., 9.23%, 09/15/2014 #(L).......................... 5,113 575 Boise Cascade LLC, 8.23%, 10/15/2012 #(L).......................... 575 12,000 Bowater, Inc., 8.35%, 03/15/2010 #(L).......................... 12,060 1,000 Equistar Chemicals L.P., 8.75%, 02/15/2009 #............................. 1,044 1,000 Equistar Chemicals L.P., 10.63%, 05/01/2011 #............................ 1,055 6,650 Freeport-McMoRan Copper & Gold, Inc., 8.56%, 04/01/2015 #(L).......................... 7,016
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- BASIC MATERIALS -- (CONTINUED) $ 5,500 Graphic Packing International, 8.50%, 08/15/2011 #............................. $ 5,704 9,055 Lyondell Chemical Co., 11.13%, 07/15/2012 #............................ 9,644 8,700 Nalco Co., 7.75%, 11/15/2011 #............................. 8,961 7,750 Norske Skog Canada Ltd., 8.63%, 06/15/2011 #............................. 7,857 14,195 Nova Chemicals Corp., 8.50%, 11/15/2013 #(L).......................... 14,443 1,035 Owens-Brockway Glass Container, Inc., 8.75%, 11/15/2012 #............................. 1,091 5,220 Playtex Products, Inc., 9.38%, 06/01/2011 #............................. 5,390 4,000 United States Steel Corp., 9.75%, 05/15/2010 #............................. 4,200 3,000 Verso Paper Holdings LLC, 9.11%, 08/01/2014 #(I)(L)....................... 3,090 ---------- 100,963 ---------- CAPITAL GOODS -- 0.1% 4,000 ESCO Corp., 9.23%, 12/15/2013 #(I)(L)....................... 4,140 2,000 K2, Inc., 7.38%, 07/01/2014 #............................. 2,110 ---------- 6,250 ---------- CONSUMER CYCLICAL -- 0.9% 12,415 Aramark Corp., 8.86%, 02/01/2015 #(I)(L)....................... 12,756 7,115 AutoNation, Inc., 7.36%, 04/15/2013 #(L).......................... 7,177 10,550 Builders FirstSource, Inc., 9.61%, 02/15/2012 #(L).......................... 10,721 2,000 GSC Holdings Corp., 9.22%, 10/01/2011 #(L).......................... 2,073 3,000 K. Hovnanian Enterprises, Inc., 8.88%, 04/01/2012 #............................. 2,940 5,990 Stater Brothers Holdings, Inc., 8.85%, 06/15/2010 #(L).......................... 6,057 ---------- 41,724 ---------- CONSUMER STAPLES -- 0.5% 5,000 Appleton Papers, Inc., 8.13%, 06/15/2011 #............................. 5,194 4,001 Land O'Lakes, Inc., 8.75%, 11/15/2011 #............................. 4,161 5,395 Nutro Products, Inc., 9.37%, 10/15/2013 #(I)(L)....................... 5,516 5,900 Pilgrim's Pride Corp., 9.63%, 09/15/2011 #............................. 6,151 ---------- 21,022 ----------
The accompanying notes are an integral part of these financial statements. 132 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- CORPORATE BONDS: NON-INVESTMENT GRADE -- (CONTINUED) ENERGY -- 0.2% $ 1,633 Amerigas Partners L.P., 7.13%, 05/20/2016 #............................. $ 1,653 9,000 Amerigas Partners L.P., 7.25%, 05/20/2015 #............................. 9,158 ---------- 10,811 ---------- FINANCE -- 0.6% 7,000 Avis Budget Car Rental LLC, 7.86%, 05/15/2014 #(I)(L)....................... 7,193 4,000 Crescent Real Estate Equities Co., 9.25%, 04/15/2009 #............................. 4,090 5,000 Ford Motor Credit Co., 8.11%, 01/13/2012 #(L).......................... 4,932 2,000 Ford Motor Credit Co., 8.36%, 11/02/2007 #(L).......................... 2,019 2,590 Ford Motor Credit Co., 9.81%, 04/15/2012 #(L).......................... 2,768 4,410 Kar Holdings, Inc., 9.36%, 05/01/2014 #(I)(L)....................... 4,509 3,155 Snowqualmie Entertainment Authority, 9.15%, 02/01/2014 #(I)(L)....................... 3,222 ---------- 28,733 ---------- SERVICES -- 0.6% 12,500 Cablevision Systems Corp., 9.82%, 04/01/2009 #(L).......................... 13,250 9,000 DirecTV Holdings LLC, 8.38%, 03/15/2013 #............................. 9,494 1,500 Primedia, Inc., 10.73%, 05/15/2010 #(L)......................... 1,551 4,700 Unisys Corp., 7.88%, 04/01/2008 #............................. 4,724 ---------- 29,019 ---------- TECHNOLOGY -- 2.5% 2,140 American Cellular Corp., 10.00%, 08/01/2011 #............................ 2,260 7,000 Centennial Communications Corp., 11.10%, 01/01/2013 #(L)......................... 7,359 7,000 Cincinnati Bell, Inc., 7.25%, 07/15/2013 #............................. 7,280 2,000 Dobson Cellular Systems, 8.38%, 11/01/2011 #............................. 2,133 7,000 Dobson Communications Corp., 6.09%, 10/15/2012 #(L).......................... 7,210 10,000 Freescale Semiconductor, Inc., 9.23%, 12/15/2014 #(I)(L)....................... 10,000 10,905 General Cable Corp., 7.72%, 04/01/2015 #(I)(L)....................... 11,014 4,000 Inmarsat Finance plc, 7.63%, 06/30/2012 #............................. 4,178 11,000 Intelsat Bermuda Ltd., 8.87%, 01/15/2015 #(L).......................... 11,248 4,000 IPCS, Inc., 7.48%, 05/01/2013 #(I)(L)....................... 4,020
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- TECHNOLOGY -- (CONTINUED) $ 9,000 Level 3 Financing, Inc., 9.11%, 02/15/2015 #(I)(L)....................... $ 9,113 7,000 Nortel Networks Ltd., 9.61%, 07/15/2011 #(I)(L)....................... 7,490 15,040 NXP B.V./NXP Funding LLC, 8.11%, 10/15/2013 #(I)(L)....................... 15,529 2,900 Qwest Communications International, Inc., 8.86%, 02/15/2009 #(L).......................... 2,929 2,390 Qwest Corp., 8.60%, 06/15/2013 #(L).......................... 2,614 6,500 Rural Cellular Corp., 11.11%, 11/01/2012 #(L)......................... 6,744 ---------- 111,121 ---------- Total corporate bonds: non-investment grade (cost $346,730)................................. $ 349,643 ---------- SENIOR FLOATING RATE INTERESTS: INVESTMENT GRADE (V) -- 0.5% FINANCE -- 0.5% 20,500 Residential Capital Corp., 6.07%, 07/28/2008 (N)........................... $ 20,269 ---------- Total senior floating rate interests investment grade (cost $20,448).................................. $ 20,269 ---------- SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) -- 90.6% BASIC MATERIALS -- 11.2% 7,000 Arizona Chemical Co., 7.36%, 02/27/2013 (N)........................... $ 7,022 3,000 Arizona Chemical Co., 10.86%, 02/27/2014 (N).......................... 3,030 625 Basell Finance Co., Term Loan B2, 7.57%, 09/15/2013 (N)........................... 629 125 Basell Finance Co., Term Loan B4, 7.57%, 09/15/2013 (N)........................... 126 625 Basell Finance Co., Term Loan B2, 8.32%, 09/15/2013 (N)........................... 629 125 Basell Finance Co., Term Loan B4, 8.32%, 09/15/2013 (N)........................... 126 23,000 Berry Plastics Holding Co., 7.32%, 04/03/2015 (N)........................... 23,067 4,938 Blount, Inc., 7.80%, 06/09/2010 #(N).......................... 4,933 1,000 Brenntag Group, 11.87%, 12/22/2012 (N).......................... 1,023 196 Brenntag Group, Acquisition Term, 7.89%, 01/12/2014 (N)........................... 198 804 Brenntag Group, Term Loan B2, 7.89%, 01/12/2014 (N)........................... 813 1,667 Calumet Lubricants Co. L.P., 8.69%, 12/01/2012 (N)........................... 1,667 1,646 Calumet Lubricants Co. L.P., 8.84%, 12/01/2012 (N)........................... 1,646
The accompanying notes are an integral part of these financial statements. 133 THE HARTFORD FLOATING RATE FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) -- (CONTINUED) BASIC MATERIALS -- (CONTINUED) $ 3,696 Celanese U.S. Holdings LLC, 7.07%, 03/30/2014 (N)(Q)........................ $ 3,700 15,304 Celanese U.S. Holdings LLC, 7.10%, 03/30/2014 (N)(Q)........................ 15,376 628 Cenveo, Inc., Delayed Draw Term Loan, 7.10%, 03/16/2014 (N)(Q)........................ 628 2,001 Cenveo, Inc., Term Loan B, 7.10%, 03/16/2014 (N)(Q)........................ 2,003 5,792 Cenveo, Inc., Term Loan C, 7.10%, 03/16/2014 (N)(Q)........................ 5,800 2,676 Coffeyville Resources, 8.25%, 12/21/2010 (AA).......................... 2,700 13,790 Coffeyville Resources, 8.35%, 12/21/2013 (N)........................... 13,916 9,337 Columbian Chemicals Co., 7.10%, 03/15/2013 (N)(Q)........................ 9,337 4,000 Columbian Chemicals Co., 7.10%, 03/16/2013 (N)........................... 4,000 9,022 Compass Minerals Group, Inc., 6.85%, 12/22/2012 (N)........................... 9,027 9,000 Domtar, Inc., 6.74%, 03/01/2014 (N)........................... 8,980 5,953 Eastman Kodak Co., 7.57%, 10/19/2012 (N)........................... 5,957 7,787 Eastman Kodak Co., 7.75%, 10/19/2012 (N)........................... 7,795 7,529 Foamex International, Inc., 7.60%, 02/08/2013 (N)........................... 7,539 22,257 Freeport-McMoRan Copper & Gold, Inc., 7.07%, 03/19/2014 (N)........................... 22,323 3,511 Georgia Gulf Corp., 7.32%, 09/01/2013 (N)........................... 3,525 27,240 Georgia-Pacific Corp., First Lien Term Loan, 7.09%, 02/14/2013 (N)(Q)........................ 27,361 7,149 Georgia-Pacific Corp., Term Loan B2, 7.09%, 02/14/2013 (N)........................... 7,181 15,250 Goodyear Tire & Rubber Co., 7.10%, 04/18/2014 (N)(Q)........................ 15,307 2,500 Goodyear Tire & Rubber Co., 7.11%, 04/30/2010 (AA).......................... 2,510 17,000 Graham Packaging Co., Inc., 7.63%, 04/03/2014 (N)........................... 17,099 1,822 Graphic Packaging Corp., 7.83%, 08/08/2010 (N)........................... 1,825 23,195 Hexion Specialty Chemicals, Term Loan C1, 7.88%, 05/15/2013 (N)........................... 23,358 5,040 Hexion Specialty Chemicals, Term Loan C2, 7.88%, 05/15/2013 (N)........................... 5,075 1,493 Hexion Specialty Chemicals, Term Loan C4, 7.88%, 05/15/2013 (N)........................... 1,503
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- BASIC MATERIALS -- (CONTINUED) $ 42,230 Huntsman International LLC, 7.07%, 04/23/2014 (N)(Q)........................ $ 42,362 EUR 500 Ineos Group Holdings plc, 7.77%, 02/01/2013 (N)........................... 695 5,198 Ineos Group, 7.58%, 02/01/2013 (N)........................... 5,254 5,198 Ineos Group, 8.08%, 02/01/2013 (N)........................... 5,249 659 Innophos, Inc., 7.57%, 08/01/2010 (N)........................... 661 3,588 Intertape Polymer Group, Inc., 8.05%, 07/28/2011 (N)........................... 3,592 22,666 ISP Chemco, Inc., 7.13%, 02/16/2013 (N)........................... 22,784 19,000 Jarden Corp., Term Loan, 7.10%, 01/24/2012 (N)........................... 19,020 14,733 Jarden Corp., Term Loan B2, 7.10%, 01/24/2012 (N)........................... 14,739 5,908 Jarden Corp., Term Loan B3, 7.10%, 01/24/2012 (N)(Q)........................ 5,920 18,820 John Maneely Co., 8.61%, 12/06/2013 (N)........................... 18,834 1,990 Kranson Industries, 7.60%, 07/31/2013 (N)........................... 1,995 10,458 Lyondell Chemical Co., 6.86%, 08/16/2013 (N)........................... 10,490 6,500 MacDermid, Inc., 7.32%, 04/11/2014 (N)(Q)........................ 6,508 6,869 Mega Bloks, Inc., 7.13%, 07/26/2012 (N)........................... 6,856 2,000 MMGS Packaging Acquisition Corp., 7.60%, 03/08/2014 (N)........................... 2,009 1,000 MMGS Packaging Acquisition Corp., 10.86%, 03/08/2015 (N).......................... 1,008 1,504 Mueller Group, Inc., 7.34%, 10/31/2012 (N)........................... 1,511 9,923 Nalco Co., 7.10%, 11/04/2010 (N)........................... 9,989 2,402 NCI Building Systems, Inc., 6.82%, 06/18/2010 (N)........................... 2,405 1,462 Novelis, Inc., Canadian Term Loan B, 7.61%, 01/07/2012 (N)........................... 1,462 2,538 Novelis, Inc., US Term Loan B, 7.61%, 01/07/2012 (N)........................... 2,540 985 PQ Corp., 7.35%, 02/11/2012 (N)........................... 987 438 Smurfit-Stone Container Enterprises, Inc., Deposit Funded Loan, 7.38%, 11/01/2010 (N)........................... 442 2,014 Smurfit-Stone Container Enterprises, Inc., Term Loan B, 7.38%, 11/01/2010 (N)........................... 2,030 1,057 Smurfit-Stone Container Enterprises, Inc., Term Loan C, 7.38%, 11/01/2011 (N)........................... 1,066
The accompanying notes are an integral part of these financial statements. 134 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) -- (CONTINUED) BASIC MATERIALS -- (CONTINUED) $ 2,365 Smurfit-Stone Container Enterprises, Inc., Term Loan C1, 7.38%, 11/01/2011 (N)........................... $ 2,384 10,639 Solo Cup Co., 8.85%, 02/27/2011 (N)........................... 10,792 4,300 Solo Cup Co., 11.57%, 02/25/2012 (N).......................... 4,391 2,000 Solutia, Inc., 8.36%, 03/31/2008 (F)(N)........................ 2,019 22,804 Tupperware Corp., 6.84%, 11/07/2012 (N)........................... 22,786 ---------- 501,514 ---------- CAPITAL GOODS -- 2.6% 5,190 ACCO Brands Corp., 7.11%, 08/15/2012 (N)........................... 5,212 2,500 Babcock & Wilcox Co., 8.00%, 02/14/2012 (AA).......................... 2,513 1,500 BE Aerospace, Inc., 7.13%, 08/22/2012 (N)........................... 1,503 2,286 Bluegrass Container Corp., First Lien Term Loan, 7.59%, 06/29/2013 (N)........................... 2,317 7,639 Bluegrass Container Corp., Term Loan B, 7.59%, 06/29/2013 (N)........................... 7,717 2,788 Bluegrass Container Corp., Second Lien, 10.32%, 06/29/2013 (N).......................... 2,844 8,712 Bluegrass Container Corp., Second Lien Term Loan, 10.32%, 06/29/2013 (N).......................... 8,857 3,366 Dresser, Inc., 10.00%, 11/01/2013 (N).......................... 3,366 975 Hawker Beechcraft Acquisition Co., 7.25%, 03/27/2014 (AA)(Q)....................... 979 11,525 Hawker Beechcraft Acquisition Co., 7.32%, 03/27/2014 (N)(Q)........................ 11,572 694 Invensys International Holdings, 7.35%, 01/15/2011 (N)........................... 700 556 Invensys International Holdings, 7.36%, 12/15/2010 (N)........................... 560 3,148 K & F Industries Holdings, Inc., 7.32%, 11/18/2012 (N)........................... 3,150 9,000 Macandrews Amg Holdings LLC, 11.07%, 04/17/2012 (N).......................... 9,045 13,925 Nacco Material Handling Group, 7.36%, 03/22/2013 (N)........................... 13,907 2,000 Primus International, Inc., 7.82%, 06/07/2012 (N)........................... 2,008 3,284 Primus International, Inc., Term Loan B, 7.82%, 06/07/2012 (N)........................... 3,296 1,261 Spirit Aerosystems, Inc., 7.11%, 09/30/2013 (N)........................... 1,264 3,956 Targus Group International, 8.87%, 11/22/2012 (N)........................... 3,857
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- CAPITAL GOODS -- (CONTINUED) $ 4,500 Transdigm, Inc., 7.35%, 06/23/2013 (N)........................... $ 4,525 7,688 Unifrax Corp., 7.63%, 05/02/2013 (N)........................... 7,714 1,734 Visant Holding Corp., 7.33%, 10/04/2011 (N)........................... 1,742 3,976 Vought Aircraft Industries, Inc., 7.83%, 12/22/2011 (N)........................... 4,003 1,982 Wesco Aircraft Hardware Corp., 7.60%, 09/29/2013 (N)........................... 1,994 10,059 Yankee Candle Co., 7.35%, 02/06/2014 (N)(Q)........................ 10,103 ---------- 114,748 ---------- CONSUMER CYCLICAL -- 12.1% 6,505 Accuride Corp., 7.38%, 01/31/2012 (N)........................... 6,527 19,508 AM General LLC, 8.26%, 09/01/2013 (N)........................... 19,459 3,915 American Axle & Manufacturing Holdings, Inc., Term Loan B, 9.63%, 07/08/2011 (N)........................... 4,008 3,132 American Axle & Manufacturing Holdings, Inc., 9.63%, 07/08/2011 (N)........................... 3,207 661 American General Finance Corp., 8.32%, 09/01/2013 (N)........................... 667 1,714 Aramark Corp., 7.33%, 01/19/2014 (AA)(Q)....................... 1,722 23,978 Aramark Corp., 7.48%, 01/19/2014 (N)(Q)........................ 24,094 3,180 Armstrong World Industries, Inc., 7.07%, 10/13/2013 (N)........................... 3,184 3,479 Axletech International, 7.60%, 10/20/2012 (N)........................... 3,505 2,000 Axletech International, 11.85%, 04/20/2013 (N).......................... 2,015 6,500 Brand Energy & Infrastructure Services, 7.63%, 02/08/2014 (N)........................... 6,516 1,493 Building Materials Holdings Corp., 7.85%, 11/10/2013 (N)........................... 1,491 5,936 Contech Construction Products, 7.32%, 01/31/2013 (N)........................... 5,958 7,149 Custom Building Products, 7.60%, 10/20/2011 (N)........................... 7,140 30,500 Dana Corp., 7.88%, 03/03/2008 (F)(N)........................ 30,500 6,500 David's Bridal, Inc., 7.40%, 01/25/2014 (N)........................... 6,459 8,000 Delphi Corp., 8.13%, 01/18/2008 (F)(N)........................ 8,020 5,940 Dollarama Group L.P., 7.36%, 11/18/2011 (N)........................... 5,962 19,160 Easton-Bell Sports, Inc., 7.07%, 03/16/2012 (N)(Q)........................ 19,152
The accompanying notes are an integral part of these financial statements. 135 THE HARTFORD FLOATING RATE FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) -- (CONTINUED) CONSUMER CYCLICAL -- (CONTINUED) $ 2,750 Federal-Mogul Corp., 7.32%, 12/09/2006 (F)(N)........................ $ 2,751 28,603 Ford Motor Co., 8.36%, 12/15/2013 (N)........................... 28,764 4,500 Foster Wheeler LLC, 5.26%, 09/12/2011 (N)........................... 4,511 13,466 General Motors Corp., 7.73%, 11/27/2013 (N)........................... 13,559 1,995 Gibson Guitar Corp., 7.86%, 12/29/2013 (N)........................... 2,015 5,093 Hanesbrands, Inc., 7.11%, 09/05/2013 (N)........................... 5,118 4,761 Invista B.V., Term Loan A1, 6.85%, 04/30/2010 (N)........................... 4,749 10,889 Invista B.V., Term Loan A2, 6.85%, 04/30/2010 (N)........................... 10,862 13,698 Jean Coutu Group, 7.88%, 07/30/2011 (N)........................... 13,701 11,964 Lear Corp., 7.85%, 04/25/2012 (N)........................... 11,967 23,000 Levi Strauss & Co., 7.59%, 03/09/2014 (N)(Q)........................ 22,792 10,415 Masonite International Corp., Canadian Term Loan, 7.35%, 04/30/2010 (N)........................... 10,168 10,431 Masonite International Corp., US Term Loan, 7.35%, 04/30/2010 (N)........................... 10,223 4,000 Masonite International Corp., 11.00%, 10/11/2011 (N).......................... 3,600 5,846 Michaels Stores, Inc., 8.13%, 10/30/2012 (N)........................... 5,883 3,022 Mosaic Comp., 7.12%, 11/30/2013 (N)........................... 3,040 5,000 Mother's Work, Inc., 7.86%, 03/09/2013 (N)........................... 5,019 3,467 Navistar International, Revolver, 8.61%, 01/17/2012 (N)(Q)........................ 3,509 11,533 Navistar International, Term Loan, 8.61%, 01/17/2012 (N)(Q)........................ 11,678 6,593 Neiman Marcus Group, 7.35%, 04/06/2013 (N)........................... 6,647 7,892 Nortek, Inc., 7.36%, 08/27/2011 (N)........................... 7,910 36,908 Oshkosh Trucking Corp., 7.10%, 11/30/2013 (N)........................... 37,034 1,950 Oshkosh Trucking Corp., 7.10%, 12/06/2013 (N)........................... 1,952 5,985 Petco Animal Supplies, Inc, 7.85%, 10/25/2013 (N)........................... 6,032 2,978 Pro-Build Holdings, Inc., 7.10%, 06/21/2013 (N)........................... 2,944 3,980 Radio Systems Corp., 8.07%, 10/31/2013 (N)........................... 3,997
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- CONSUMER CYCLICAL -- (CONTINUED) $ 19,000 RJ Tower Corp., 9.94%, 08/02/2007 (F)(N)........................ $ 18,891 6,429 Roundy's Supermarkets, Inc., 8.09%, 11/03/2011 (N)........................... 6,480 1,995 Samsonite Corp., 7.60%, 12/21/2013 (N)........................... 2,007 9,436 Sports Authority, Inc., 7.60%, 04/25/2013 (N)........................... 9,436 14,714 Standard Pacific Corp., 6.86%, 04/25/2013 (N)........................... 14,494 333 Standard Steel LLC, 7.86%, 07/10/2012 (AA)(Q)....................... 335 1,654 Standard Steel LLC, 7.87%, 07/10/2012 (N)........................... 1,665 4,212 Supervalu, Inc., 6.72%, 06/01/2011 (N)........................... 4,210 26,747 Supervalu, Inc., 6.84%, 05/30/2013 (N)........................... 26,840 3,457 Tensar Corp., 8.11%, 10/28/2012 (N)........................... 3,457 24,500 Toys R Us, Inc., 8.32%, 11/30/2008 (N)........................... 24,623 3,456 TRW Automotive, 6.88%, 06/30/2012 (N)........................... 3,456 3,959 United Subcontractors, Inc., 8.12%, 12/27/2012 (N)........................... 3,922 16,293 William Carter Co., 6.85%, 07/14/2012 (N)(Q)........................ 16,278 ---------- 536,105 ---------- CONSUMER STAPLES -- 4.0% 2,538 Agricore United, Canadian, 7.13%, 08/04/2013 (N)........................... 2,541 1,438 Agricore United, 7.13%, 08/04/2013 (N)........................... 1,440 1,330 American Seafoods Group, 7.10%, 09/30/2011 (N)........................... 1,334 14,592 American Seafoods Group, 7.10%, 09/30/2012 (N)........................... 14,574 1,500 American Seafoods Group, 7.11%, 09/30/2012 (AA)(Q)....................... 1,504 4,000 B & G Foods, Inc., 7.36%, 02/22/2013 (N)........................... 4,020 7,500 Bird's Eye Foods, Inc., 7.09%, 03/21/2014 (N)(Q)........................ 7,512 2,580 Chattem, Inc., 7.11%, 12/15/2012 (N)........................... 2,599 713 Chiquita Brands International, Inc., Term Loan B, 8.38%, 06/28/2012 (N)........................... 717 15,344 Chiquita Brands International, Inc., Term Loan C, 8.38%, 06/28/2012 (N)........................... 15,504 2,500 Constellation Brands, Inc., 6.88%, 06/05/2013 (N)........................... 2,506
The accompanying notes are an integral part of these financial statements. 136 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) -- (CONTINUED) CONSUMER STAPLES -- (CONTINUED) $ 24,000 Dean Foods Co., 6.88%, 03/29/2014 (N)........................... $ 24,032 3,962 Del Monte Foods Co., 6.84%, 02/08/2012 (N)........................... 3,964 3,230 Dole Food Co., Inc., 7.23%, 04/12/2013 (AA)(Q)....................... 3,230 22,596 Dole Food Co., Inc., 7.46%, 04/12/2013 (N)(Q)........................ 22,582 6,780 Dole Food Co., Inc., 7.54%, 04/12/2013 (N)(Q)........................ 6,771 3,990 DS Waters, Inc., 7.57%, 11/03/2013 (N)........................... 3,990 11,500 Huish Detergents, Inc., 7.36%, 04/25/2014 (AA)(Q)....................... 11,514 3,500 Huish Detergents, Inc., 9.61%, 10/25/2014 (AA)(Q)....................... 3,557 381 Johnson Diversey, Inc., 7.86%, 12/16/2010 (N)........................... 386 2,289 Johnson Diversey, Inc., 7.86%, 12/16/2011 (N)........................... 2,312 6,197 Michael Foods, Inc., 7.36%, 11/21/2010 (N)........................... 6,224 2,788 New Page Corp., 7.63%, 05/02/2011 (N)........................... 2,809 9,895 Nutro Products, Inc., 7.35%, 04/21/2013 (N)(Q)........................ 9,883 1,385 OSI Group, Inc., Dutch Term Loan, 7.35%, 09/02/2011 (N)(Q)........................ 1,389 1,108 OSI Group, Inc., German Term Loan, 7.35%, 09/02/2011 (N)(Q)........................ 1,111 2,494 OSI Group, Inc., US Term Loan B, 7.35%, 09/02/2011 (N)(Q)........................ 2,500 6,048 Piere Foods, Inc., 7.61%, 06/30/2010 (N)........................... 6,070 9,925 Reynolds American, Inc., 7.11%, 05/31/2012 (N)........................... 9,985 2,978 United Agri Products, Inc., 7.36%, 06/01/2012 (N)........................... 2,978 ---------- 179,538 ---------- ENERGY -- 1.8% 2,749 Citgo Petroleum Corp., 6.70%, 11/14/2012 (N)........................... 2,748 13,000 Energy Transfer Partners, 7.08%, 12/19/2012 (N)........................... 13,081 793 Firstlight Power Resources, Inc., Letter Of Credit, 7.85%, 11/01/2013 (N)........................... 798 6,707 Firstlight Power Resources, Inc., Term Loan B, 7.85%, 11/01/2013 (N)........................... 6,755 7,940 Helix Energy Solutions Group, Inc., 7.33%, 05/31/2013 (N)........................... 7,961
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- ENERGY -- (CONTINUED) $ 8,937 Key Energy Services, 7.83%, 06/30/2012 (N)........................... $ 8,976 1,600 Key Energy Services, 7.86%, 06/30/2012 (AA).......................... 1,610 3,988 McJunkin Corp., 7.60%, 01/30/2014 (N)........................... 4,009 1,733 MEG Energy Corp., 7.35%, 04/03/2013 (N)........................... 1,746 606 Niska Gas Storage LLC, Asset Sale, 7.07%, 05/03/2013 (N)........................... 608 373 Niska Gas Storage LLC, Delayed Draw US Term Loan, 7.07%, 05/03/2013 (N)........................... 374 3,180 Niska Gas Storage LLC, Canadian Term Loan, 7.09%, 05/03/2013 (N)........................... 3,188 551 Niska Gas Storage LLC, US Term Loan, 7.09%, 05/03/2013 (N)........................... 552 4,777 Targa Resources, Inc., 7.36%, 10/31/2012 (N)........................... 4,816 1,164 Targa Resources, Inc., 7.48%, 10/31/2012 (AA).......................... 1,178 2,000 Texas Petrochemicals L.P., 7.86%, 06/27/2013 (AA).......................... 2,023 5,955 Texas Petrochemicals L.P., 7.94%, 06/27/2013 (N)........................... 6,015 2,946 Western Refining, Inc., Delayed Draw Term Loan, 7.11%, 03/06/2014 (AA)(Q)....................... 2,957 12,054 Western Refining, Inc., 7.11%, 03/06/2014 (AA)(Q)....................... 12,069 ---------- 81,464 ---------- FINANCE -- 6.9% 6,000 Amerigroup Corp., 7.36%, 04/17/2014 (AA)(Q)....................... 6,026 1,800 Ameritrade Holding Corp., 6.57%, 12/31/2011 (N)........................... 1,799 8,330 Ameritrade Holding Corp., 6.82%, 12/31/2011 (N)........................... 8,344 8,000 Ashtead Group plc, 7.13%, 08/21/2011 (N)........................... 7,996 11,157 Avis Budget Car Rental LLC, 6.61%, 04/19/2012 (N)........................... 11,153 6,214 BNY Convergex Group LLC & EZE Castle Software, 8.35%, 08/30/2013 (N)........................... 6,261 3,000 Brickman Group Holdings, Inc., 7.40%, 01/24/2014 (N)........................... 3,006 7,989 Buckeye Check Cashing, Inc., 8.10%, 05/01/2012 (N)........................... 7,999 7,442 Capital Automotive L.P., 7.07%, 12/20/2010 (N)........................... 7,501 4,988 CB Richard Ellis Services, Inc., 6.82%, 12/14/2013 (N)........................... 4,997
The accompanying notes are an integral part of these financial statements. 137 THE HARTFORD FLOATING RATE FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) -- (CONTINUED) FINANCE -- (CONTINUED) $ 5,472 Conseco, Inc., 7.32%, 10/04/2013 (N)........................... $ 5,496 6,268 Covanta Holding Corp., 6.78%, 02/09/2014 (AA)(Q)....................... 6,268 12,732 Covanta Holding Corp., 6.88%, 02/09/2014 (N)(Q)........................ 12,732 24,500 Crescent Resources LLC, 8.32%, 09/07/2012 (N)(Q)........................ 24,490 1,897 Dollar Financial Corp., Delayed Draw Term Loan, 8.05%, 10/30/2012 (N)........................... 1,904 2,580 Dollar Financial Corp., 8.05%, 10/30/2012 (N)........................... 2,590 3,000 Euronet Worldwide, Inc., 7.32%, 03/30/2014 (N)........................... 3,015 3,500 FSB Holdings, Inc., 7.88%, 09/29/2013 (N)........................... 3,518 500 FSB Holdings, Inc., 11.13%, 03/29/2014 (N).......................... 505 26,184 General Growth Properties, Inc., 6.57%, 02/24/2010 (N)(Q)........................ 26,126 4,579 Golden Gate National, 8.09%, 03/14/2011 (N)........................... 4,601 4,352 Hertz Corp., 7.08%, 12/21/2012 (N)........................... 4,379 779 Hertz Corp., 7.10%, 12/21/2012 (AA).......................... 784 4,000 HMSC Corp., 7.61%, 10/03/2014 (N)(Q)........................ 4,008 2,000 HMSC Corp., 10.86%, 04/03/2014 (N)(Q)....................... 2,038 15,500 Kar Holdings Inc., 7.57%, 10/17/2013 (N)(Q)........................ 15,592 13,471 Landsource Holding Co. LLC, 8.07%, 02/26/2013 (N)(Q)........................ 13,567 7,000 LNR Properties Corp., 8.10%, 06/29/2009 (N)........................... 7,000 23,000 LNR Properties Corp., 8.11%, 06/29/2011 (N)(Q)........................ 23,065 2,000 Maguire Properties, Inc., 7.36%, 04/23/2012 (AA)(Q)....................... 2,008 2,481 Mattamy Funding Partnership, 7.63%, 04/11/2013 (N)........................... 2,477 4,975 Nasdaq Stock Market, Inc., Incremental Term Loan, 7.07%, 05/22/2012 (N)........................... 4,987 2,914 Nasdaq Stock Market, Inc., Term Loan B, 7.07%, 05/22/2012 (N)........................... 2,919 1,689 Nasdaq Stock Market, Inc., Term Loan C, 7.07%, 05/22/2012 (N)........................... 1,694 1,164 November Land Investors LLC, 8.10%, 05/01/2011 (N)........................... 1,153 2,500 November Land Investors LLC, 12.35%, 05/09/2012 (N).......................... 2,488
PRINCIPAL MARKET AMOUNT (B) VALUE (W) - ---------- ---------- FINANCE -- (CONTINUED) $ 4,030 Realogy Corp., 8.32%, 10/05/2013 (N)(Q)........................ $ 4,044 14,970 Realogy Corp., 8.35%, 10/05/2014 (N)(Q)........................ 15,042 11,696 Rent-A-Center, Inc., 7.12%, 10/26/2012 (N)........................... 11,718 11,940 Rental Service Corp., 8.93%, 11/21/2012 (N)........................... 11,983 7,900 Sedgwick CMS Holdings, Inc., 7.60%, 01/31/2013 (N)........................... 7,915 2,500 TE/Tousa Senior LLC, 11.75%, 08/01/2008 (N).......................... 2,475 1,347 United Rentals, Inc., Credit Linked Deposit, 7.32%, 02/14/2011 (N)........................... 1,358 2,963 United Rentals, Inc., Initial Term Loan, 7.32%, 02/14/2011 (AA).......................... 2,974 8,460 Vanguard Car Rental USA Holdings, Inc., 8.35%, 06/08/2013 (N)........................... 8,515 ---------- 310,510 ---------- HEALTH CARE -- 10.3% 5,000 Advanced Medical Optics, Inc., 7.09%, 04/02/2014 (N)(Q)........................ 5,025 6,408 AGA Medical Corp., 7.36%, 04/26/2013 (N)........................... 6,408 8,425 Ameripath, Inc., 7.36%, 10/31/2013 (N)........................... 8,420 8,750 Carestream Health, Inc., 7.36%, 04/12/2013 (AA)(Q)....................... 8,761 1,500 Carestream Health, Inc., 7.36%, 10/12/2013 (AA)(Q)....................... 1,515 5,718 Carl Zeiss, 7.86%, 03/14/2014 (AA).......................... 5,761 EUR 1,000 Carl Zeiss, 8.06%, 03/14/2014 (N)........................... 1,400 2,686 Center For Diagnostic Imaging, 8.85%, 12/31/2010 (N)........................... 2,666 5,949 Community Health Systems, Inc., First Incremental Term Loan, 7.10%, 08/19/2011 (N)........................... 5,959 5,970 Community Health Systems, Inc., Term Loan B, 7.10%, 08/19/2011 (N)........................... 5,982 10,800 Community Health Systems, Inc., 9.36%, 10/24/2014 (AA)(Q)....................... 10,746 15,498 DJ Orthopedics LLC, 6.88%, 04/07/2013 (N)(Q)........................ 15,498 50,157 Fresenius Medical Care AG, 6.73%, 03/31/2013 (N)(Q)........................ 50,063 6,000 General Nutrition Centers, Inc., 7.60%, 03/14/2014 (N)........................... 5,987 3 Hanger Orthopedic Group, 7.87%, 05/25/2013 (N)........................... 3 10,219 HCA, Inc., 7.10%, 11/14/2012 (N)........................... 10,302
The accompanying notes are an integral part of these financial statements. 138 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) -- (CONTINUED) HEALTH CARE -- (CONTINUED) $ 27,930 HCA, Inc., 7.60%, 11/17/2013 #(N).......................... $ 28,222 20,000 Health Management Associates, Inc., 7.10%, 02/12/2014 (N)........................... 20,063 8,571 Healthcare Partners LLC, 7.10%, 10/20/2013 (N)........................... 8,582 25,326 HealthSouth Corp., 7.85%, 03/07/2013 (N)........................... 25,491 382 IASIS Healthcare Capital Corp., 7.36%, 01/15/2014 (AA)(Q)....................... 383 1,431 IASIS Healthcare Capital Corp., Delayed Draw Term Loan, 7.36%, 03/15/2014 (AA)(Q)....................... 1,436 4,188 IASIS Healthcare Capital Corp., Term Loan, 7.36%, 03/15/2014 (AA)(Q)....................... 4,203 2,750 IASIS Healthcare Capital Corp., 10.61%, 06/15/2014 (AA)(Q)...................... 2,729 3,881 Ikaria Acquisition, Inc., 7.59%, 03/28/2013 (N)........................... 3,895 30,045 Lifepoint Hospitals, Inc., 6.99%, 04/15/2012 (N)(Q)........................ 30,003 2,797 Multiplan Corp., 7.82%, 04/12/2013 (N)........................... 2,814 8,070 Multiplan Corp., 7.82%, 04/13/2013 (N)........................... 8,090 397 National Mentor, 7.32%, 06/27/2013 (AA).......................... 397 6,558 National Mentor, 7.35%, 06/27/2013 (N)........................... 6,566 11,920 National Renal Institutes, Inc., 7.63%, 03/31/2013 (N)........................... 11,913 12,829 Orthofix Holdings, Inc., 7.10%, 09/22/2013 (N)........................... 12,877 5,000 Pharmaceutical Product Development, Inc., 8.57%, 01/29/2012 (N)........................... 5,000 10,000 Pharmaceutical Technologies and Services, 7.60%, 04/04/2014 (N)........................... 10,021 8,925 Quintiles Transnational Corp., 7.35%, 03/31/2013 (N)........................... 8,936 4,980 Reable Therapeutics Finance LLC, 7.88%, 10/30/2013 (N)........................... 4,986 3,941 Renal Advantage, Inc., 7.85%, 10/05/2012 (N)........................... 3,971 2,000 Select Medical Corp., Term Loan B, Add-on, 7.36%, 02/24/2012 (N)................... 1,991 13,847 Select Medical Corp., Term Loan B, 7.36%, 02/24/2012 (N)........................... 13,787 4,965 Skilled Healthcare Group, Inc., 7.57%, 06/15/2012 (N)........................... 4,986 23,799 Spanish Broadcasting System, Inc., 7.10%, 06/10/2012 (N)(Q)........................ 23,828
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- HEALTH CARE -- (CONTINUED) $ 695 Sun Healthcare Group, Inc., Delayed Draw Term Loan, 5.26%, 04/12/2014 (N)(Q)........................ $ 695 885 Sun Healthcare Group, Inc., Synthetic Letter of Credit, 5.26%, 04/12/2014 (N)(Q)........................ 885 3,920 Sun Healthcare Group, Inc., 7.36%, 04/12/2014 (N)(Q)........................ 3,920 1,990 Triumph Healthcare, 8.36%, 07/28/2013 (N)........................... 1,997 1,210 United Surgical Partners International, Delayed Draw Term Loan, 9.25%, 04/19/2014 (N)(Q)........................ 1,205 6,290 United Surgical Partners International, Term Loan B, 9.25%, 04/19/2014 (N)........................... 6,322 16,307 Vanguard Health Holdings Co. II LLC, 7.60%, 09/23/2011 (N)........................... 16,409 9,835 Ventiv Health, Inc., 6.85%, 10/05/2011 (N)........................... 9,829 2,095 Warner Chilcott Corp., Donovex Term Loan, 7.36%, 01/18/2012 (N)........................... 2,095 7,951 Warner Chilcott Corp., Term Loan B, 7.36%, 01/18/2012 (N)........................... 7,972 1,640 Warner Chilcott Corp., Term Loan C, 7.36%, 01/18/2012 (N)........................... 1,646 10,965 Waterpik Technologies, Inc., 7.57%, 06/30/2013 (N)(Q)........................ 10,965 4,000 Waterpik Technologies, Inc., 11.86%, 10/12/2013 (N).......................... 3,980 2,481 Youth & Family Centered Services, Inc., 8.15%, 07/10/2013 (N)........................... 2,475 ---------- 460,061 ---------- SERVICES -- 22.6% 2,975 24 Hour Fitness Worldwide, Inc., 7.85%, 06/08/2012 (N)........................... 2,986 6,456 Acosta, Inc., 7.57%, 12/06/2012 (N)........................... 6,499 6,838 Acxiom Corp., 7.08%, 09/13/2012 (N)........................... 6,872 23,866 Advantage Sales & Marketing, Inc., 7.36%, 03/31/2013 (N)(Q)........................ 23,911 14,902 Affiliated Computer Services, Inc., First Securities Repurchase Increase, 7.32%, 03/20/2013 (N)........................... 14,925 7,940 Affiliated Computer Services, Inc., Term Loan B, 7.32%, 03/20/2013 (N)........................... 7,951 17,887 Affinion Group, Inc., 7.86%, 10/07/2012 (N)........................... 18,013 2,993 Alixpartners LLP, 7.61%, 10/11/2013 (N)........................... 3,011 1,980 Alliance Atlantis Communications, Inc., 6.82%, 12/20/2011 (N)........................... 1,976
The accompanying notes are an integral part of these financial statements. 139 THE HARTFORD FLOATING RATE FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) -- (CONTINUED) SERVICES -- (CONTINUED) $ 11,181 Allied Waste Industries, Inc., 7.07%, 01/15/2012 (AA).......................... $ 11,251 23,835 Allied Waste Industries, Inc., 7.10%, 01/15/2012 (N)........................... 23,955 5,930 AMC Entertainment, Inc., 7.07%, 01/26/2013 (N)........................... 5,955 6,212 American Gaming Systems, 9.82%, 06/21/2013 (H)(N)........................ 6,212 1,238 Black Press Ltd., Term Loan B, 7.36%, 08/02/2013 (N)........................... 1,246 752 Black Press Ltd., Term Loan B2, 7.36%, 08/02/2013 (N)........................... 756 28,000 Bresnan Communications LLC, 7.36%, 09/29/2013 (N)(Q)........................ 28,063 2,000 Brock Holdings III, Inc., 7.32%, 02/21/2014 (N)........................... 1,989 5,000 Cardinal Logistics Management, 9.07%, 03/09/2014 (N)........................... 4,963 2,170 Carmike Cinemas, Inc., 8.59%, 09/29/2011 (N)........................... 2,178 7,694 Carmike Cinemas, Inc., 8.61%, 05/19/2012 (N)........................... 7,759 2,500 Casella Waste Systems, Inc., Add on Term Loan, 7.36%, 04/28/2010 (AA).......................... 2,513 2,000 Casella Waste Systems, Inc., Term Loan B, 7.36%, 04/28/2010 (N)(Q)........................ 2,008 3,990 Cavel Holdings LLC, 10.09%, 11/29/2012 (N).......................... 4,032 3,449 CCM Merger, Inc., 7.34%, 08/01/2012 (N)........................... 3,466 14,000 CCO Holdings LLC, 7.85%, 09/05/2014 (N)........................... 14,009 25,500 Cebridge Communications LLC, 7.35%, 11/05/2013 (N)(Q)........................ 25,460 10,000 Cebridge Communications LLC, 9.86%, 05/05/2014 (N)........................... 10,223 19,850 Cedar Fair L.P., 7.32%, 07/21/2013 (N)........................... 20,036 6,952 Cedar Fair L.P., 7.33%, 07/21/2013 (N)........................... 7,005 3,483 Cinemark, Inc., 7.13%, 10/04/2013 (N)........................... 3,494 23,000 Clarke American Corp., 7.84%, 02/28/2014 (N)(Q)........................ 22,971 5 Clientlogic, Inc., 7.86%, 01/29/2014 (AA).......................... 5 14,865 CMP Susquehanna Corp., 7.36%, 03/24/2013 (N)........................... 14,935 5,471 Coinmach Service Corp., 7.88%, 12/16/2010 (N)........................... 5,501 1,975 CSC Holdings, Inc., 6.58%, 02/24/2012 (N)........................... 1,971
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- SERVICES -- (CONTINUED) $ 39,736 CSC Holdings, Inc., 7.08%, 03/24/2013 (N)........................... $ 39,873 16,181 Cumulus Media, Inc., 7.32%, 06/07/2013 (H)(N)........................ 16,262 1,648 Dex Media West LLC, Inc., 6.85%, 03/09/2010 (N)........................... 1,647 360 Dex Media West LLC, Inc., 6.86%, 03/09/2010 (N)........................... 360 495 DynCorp International, Inc., 7.63%, 02/11/2011 (N)........................... 499 5,450 Emdeon Business Services LLC, 7.60%, 11/16/2013 (N)........................... 5,470 2,000 Emdeon Business Services LLC, 10.35%, 05/16/2014 (N).......................... 2,040 4,000 Emmis Operating Co., 7.35%, 10/30/2013 (N)........................... 4,021 1,514 Energy Solutions LLC, Add-On Letter of Credit, 7.57%, 06/07/2013 (N)........................... 1,531 126 Energy Solutions LLC, LC Facility, 7.57%, 06/07/2013 (N)........................... 128 2,587 Energy Solutions LLC, Term Loan B, 7.63%, 06/07/2013 (N)........................... 2,616 1,199 Energy Solutions LLC, Term Loan B2, 7.63%, 06/07/2013 (N)........................... 1,212 8,608 F & W Publications, Inc., 7.61%, 08/05/2012 (N)........................... 8,651 3,000 F & W Publications, Inc., 9.60%, 08/05/2012 (N)(Q)........................ 3,028 3,250 Fender Musical Instrument Group, 11.36%, 09/30/2012 (N).......................... 3,299 4,987 Gray Television, Inc., Delayed Draw Term Loan, 6.85%, 12/31/2014 (N)(Q)........................ 4,981 1,978 Gray Television, Inc., Term Loan B, 6.85%, 12/31/2014 (N)(Q)........................ 1,976 2,000 Great Canadian Gaming Corp., 6.86%, 02/09/2014 (N)........................... 2,006 3,980 Greektown Holdings LLC, 7.86%, 12/01/2012 (N)........................... 4,020 2,891 Green Valley Ranch Gaming LLC, 7.36%, 02/09/2014 (N)........................... 2,903 8,000 Green Valley Ranch Gaming LLC, 8.61%, 02/09/2014 (N)........................... 8,074 4,988 Greenwood Racing, Inc., 7.57%, 11/14/2011 (N)........................... 5,012 1,000 Hanley Wood LLC, 7.60%, 03/07/2014 (N)........................... 998 30,000 Harrah's Entertainment, Inc., 6.86%, 03/05/2008 (AA)(Q)....................... 29,925 1,667 Herbst Gaming, Inc., 7.23%, 12/02/2011 (N)........................... 1,674 3,325 Herbst Gaming, Inc., 7.24%, 12/02/2011 (N)........................... 3,340 1,689 Hilton Hotels Corp., 6.69%, 02/14/2013 (N)........................... 1,688
The accompanying notes are an integral part of these financial statements. 140 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) -- (CONTINUED) SERVICES -- (CONTINUED) $ 1,000 Hit Entertainment, Inc., 7.59%, 03/20/2012 (N)(Q)........................ $ 1,002 985 Hit Entertainment, Inc., 7.61%, 08/26/2012 (AA).......................... 988 3,736 Isle of Capri Black Hawk LLC, 7.35%, 10/24/2011 (N)........................... 3,731 11,307 Lake at Las Vegas Joint Venture LLC, 12.00%, 02/01/2010 (N).......................... 11,168 2,000 Lamar Media Corp., 6.88%, 03/31/2014 (N)........................... 2,005 10,679 LBI Media, Inc., 6.85%, 05/01/2012 (N)........................... 10,546 3,240 Lodgenet Entertainment Corp., Delayed Draw Term Loan, 7.34%, 04/04/2014 (N)(Q)........................ 3,262 5,760 Lodgenet Entertainment Corp., Term Loan B, 7.34%, 04/04/2014 (N)(Q)........................ 5,798 3,970 Medianews Groups, Inc., 7.09%, 08/02/2013 (N)........................... 3,968 8,623 MGM Holdings II, Inc., 8.60%, 04/08/2012 (N)........................... 8,623 27,000 MGM Mirage, Inc., 6.41%, 10/03/2011 (N)........................... 26,587 2,469 Montecito Broadcast Group LLC, 7.86%, 01/25/2013 (N)........................... 2,483 8,000 NEP Supershooters L.P., 7.60%, 02/13/2014 (N)(Q)........................ 8,037 2,993 Newspaper Holdings, Inc., 6.88%, 08/24/2012 (N)........................... 2,972 3,000 Open Solutions, Inc., 7.49%, 01/25/2014 (N)........................... 3,011 4,500 PA Meadows LLC, 8.36%, 11/03/2011 (N)........................... 4,517 1,970 Penn National Gaming, Inc., 7.11%, 07/05/2012 (N)........................... 1,982 5,000 Penton Media, Inc., 10.36%, 02/06/2014 (N).......................... 5,041 7,500 Penton Media, Inc., 7.60%, 02/06/2013 (N)........................... 7,530 3,500 Persona Communications Corp., 11.35%, 04/11/2014 (N).......................... 3,548 1,915 Persona Communications Corp., Delayed Draw First Lien Term Loan, 8.10%, 10/11/2013 (N)........................... 1,930 3,085 Persona Communications Corp., First Lien Term Loan, 8.10%, 10/11/2013 (N)........................... 3,108 1,991 Philosophy, Inc., 7.36%, 03/15/2014 (N)........................... 1,990 20,500 Pinnacle Foods, 8.10%, 03/30/2014 (N)........................... 20,628 2,963 Quebecor Media, Inc., 7.36%, 01/17/2013 (N)........................... 2,981
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- SERVICES -- (CONTINUED) $ 16,229 Raycom TV Broadcasting, Inc., 6.88%, 07/27/2013 (N)........................... $ 16,188 24,500 Readers Digest Association, Inc., 7.34%, 03/02/2014 (N)........................... 24,513 5,000 Readers Digest Association, Inc., 7.61%, 03/02/2013 (AA)(Q)....................... 4,962 33,270 Regal Cinemas, Inc., 7.10%, 11/10/2010 (N)(Q)........................ 33,330 20,000 Sabre, Inc., 7.61%, 09/30/2014 (N)........................... 20,046 1,036 Seminole Tribe of Florida, 6.86%, 03/06/2014 (AA)(Q)....................... 1,035 3,498 Seminole Tribe of Florida, Term Loan B2, 6.88%, 03/06/2014 (N)........................... 3,494 3,466 Seminole Tribe of Florida, Term Loan B3, 6.88%, 03/06/2014 (N)........................... 3,461 30,316 Sensata Technologies, 7.10%, 04/21/2013 (N)........................... 30,252 1,000 Southern Graphic Systems, 7.65%, 12/30/2011 (AA)(Q)....................... 1,006 1,975 Southern Graphic Systems, 7.86%, 12/30/2011 (N)........................... 1,987 10,850 Sungard Data Systems, Inc., 7.36%, 08/08/2012 (N)........................... 10,930 3,500 Synagro Technologies, Inc., 7.32%, 03/28/2014 (N)........................... 3,515 2,000 Synagro Technologies, Inc., 10.07%, 09/28/2014 (N).......................... 2,023 1,798 THE Geo Group, Inc., 6.82%, 02/05/2014 (N)........................... 1,803 8,464 Time Warner Telecom Holdings, Inc., 7.32%, 07/01/2013 (N)........................... 8,503 9,935 U.S. Investigations Services, Term Loan B, 7.85%, 10/14/2012 (N)........................... 10,010 988 U.S. Investigations Services, Term Loan C, 7.85%, 10/14/2012 (N)........................... 995 973 U.S. Investigations Services, Term Loan D, 7.85%, 10/14/2012 (N)........................... 980 3,000 United Site Services, Inc., 9.60%, 06/29/2013 (N)........................... 2,880 22,550 Univision Communications, Term Loan B, 7.61%, 09/16/2014 (N)........................... 22,530 1,450 Univision Communications, Delayed Draw Term Loan, 7.61%, 09/16/2014 (AA)(Q)....................... 1,433 5,000 Univision Communications, 7.82%, 03/16/2009 (N)........................... 4,996 13,000 UPC Financing Partnership, 7.37%, 03/31/2013 (N)........................... 13,018 13,000 UPC Financing Partnership, 7.37%, 12/31/2013 (N)........................... 13,022 1,000 UPC Financing Partnership, 7.37%, 12/31/2014 (N)(Q)........................ 1,003 1,995 Valley Crest Companies, 7.35%, 10/04/2013 (N)........................... 1,999
The accompanying notes are an integral part of these financial statements. 141 THE HARTFORD FLOATING RATE FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) -- (CONTINUED) SERVICES -- (CONTINUED) $ 8,291 Venetian Casino Resort LLC, Term B Funded, 7.09%, 06/15/2011 (N)........................... $ 8,322 1,709 Venetian Casino Resort LLC, Term Loan B, 7.09%, 06/15/2011 (N)........................... 1,714 4,667 Venetian Macau Ltd., 7.60%, 04/06/2013 (N)........................... 4,703 3,500 Venetian Macau Ltd., 7.60%, 05/25/2013 (N)........................... 3,521 2,333 Venetian Macau Ltd., 7.61%, 04/06/2012 (AA)(Q)....................... 2,352 2,722 Verso Paper Holdings LLC, 7.13%, 07/28/2013 (N)........................... 2,732 3,500 Vertafore, Inc., 7.82%, 01/31/2012 (N)........................... 3,507 1,500 Vertafore, Inc., 11.07%, 01/13/2013 (N).......................... 1,506 1,995 Volnay Acquisition Co. I (CCG), 7.35%, 01/17/2014 (N)........................... 2,010 18,000 VTR Global Communications S.A., 8.32%, 09/20/2014 (H)(N)........................ 18,000 2,452 Washington Country Casino Resort LLC, 8.88%, 11/07/2011 (H)(N)........................ 2,446 1,845 Weight Watchers International, Inc., Term Loan 1, 6.63%, 01/24/2013 (N)........................... 1,840 12,500 Weight Watchers International, Inc., Term Loan A, 6.63%, 01/24/2013 (N)........................... 12,461 5,486 Weight Watchers International, Inc., 6.88%, 01/24/2014 (N)........................... 5,503 3,980 Wembley, Inc., 7.87%, 07/18/2011 (N)........................... 4,012 4,500 Wembley, Inc., 9.63%, 08/15/2012 (N)........................... 4,539 3,820 Wenner Media LLC, 7.07%, 09/29/2013 (N)........................... 3,830 22,964 West Corp., 7.75%, 10/23/2013 (N)(Q)........................ 23,117 13,125 WideOpenWest Finance LLC, 7.61%, 05/01/2013 (N)........................... 13,191 6,500 WideOpenWest Finance LLC, 10.36%, 05/01/2014 (N).......................... 6,598 3,500 Wilmar Landco LLC, 7.85%, 07/03/2008 (N)........................... 3,520 3,961 Wilmar OPCO LLC, 7.85%, 01/03/2012 (N)........................... 3,998 1,995 Worldspan L.P., 8.60%, 12/21/2013 (N)........................... 2,002
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- SERVICES -- (CONTINUED) $ 5,000 Yell Group plc, 7.32%, 02/10/2013 (N)........................... $ 5,032 7,481 Yonkers Racing Corp., 8.88%, 08/12/2011 (N)........................... 7,547 ---------- 1,010,687 ---------- TECHNOLOGY -- 12.8% 7,131 Advanced Micro Devices, Inc., 7.34%, 10/24/2013 (N)........................... 7,139 300 Alaska Communication Systems Holdings, Inc., Initial Term Loan, 7.10%, 02/01/2012 (N)........................... 301 2,200 Alaska Communication Systems Holdings, Inc., Incremental Term Loan, 7.10%, 02/01/2012 (N)........................... 2,207 23,070 Alaska Communication Systems Holdings, Inc., Term Loan, 7.10%, 02/01/2012 (N)........................... 23,147 18,000 American Cellular Corp., 7.32%, 03/14/2014 (N)(Q)........................ 18,023 5,782 American Reprographics Co. LLC, 7.11%, 12/20/2012 (N)........................... 5,782 4,478 Aspect Software, Inc., 8.38%, 09/22/2012 (N)........................... 4,466 2,363 Baldor Electric Co., 7.13%, 02/09/2014 (N)........................... 2,371 10,255 Caribe Information Investment, Inc., 7.61%, 03/29/2013 (N)........................... 10,268 2,703 CCC Information Services Group, Inc., 7.85%, 02/10/2013 (N)........................... 2,713 8,498 Cellnet Technology, Inc., 7.34%, 08/26/2011 (N)(Q)........................ 8,540 949 Charter Communications Operating LLC, 7.36%, 04/28/2013 (AA)(Q)....................... 946 17,000 Charter Communications Operating LLC, 7.36%, 04/30/2014 (AA)(Q)....................... 16,947 6,877 Cincinnati Bell, Inc., 6.82%, 08/31/2012 (N)........................... 6,886 21,988 Cinram International, 7.36%, 05/05/2010 (N)........................... 21,858 9,000 Crown Castle Operating Co., 6.89%, 03/06/2014 (N)........................... 9,012 2,015 DaVita, Inc., 6.82%, 10/05/2011 (N)........................... 2,015 4,501 DaVita, Inc., 6.84%, 10/05/2012 (N)........................... 4,504 1,990 Electrical Components International Holdings Co., 7.88%, 05/31/2013 (N)........................... 1,990 16,750 FairPoint Communications, Inc., 7.13%, 02/08/2012 (N)........................... 16,761 667 Fleetcor Technologies Operating Co. LLC, Delayed Draw Term Loan, 7.61%, 04/30/2013 (AA)(Q)....................... 667
The accompanying notes are an integral part of these financial statements. 142 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) -- (CONTINUED) TECHNOLOGY -- (CONTINUED) $ 3,333 Fleetcor Technologies Operating Co. LLC, Term Loan B, 7.61%, 04/30/2013 (AA)(Q)....................... $ 3,333 15,960 Freescale Semiconductor, Inc., 7.11%, 11/28/2013 (N)........................... 15,975 8,152 Gatehouse Media Operating, Inc., 7.10%, 08/05/2014 (N)........................... 8,117 24,848 Gatehouse Media Operating, Inc., 7.11%, 08/05/2014 (N)........................... 24,693 522 Global Tel, Delayed Draw Term Loan, 8.85%, 02/09/2013 (N)(Q)........................ 526 87 Global Tel, Letter of Credit, 8.85%, 02/09/2013 (N)........................... 88 348 Global Tel, Letter of Credit Delayed Draw, 8.85%, 02/09/2013 (N)(Q)........................ 350 1,036 Global Tel, Term Loan, 8.85%, 02/09/2013 (N)........................... 1,043 30,923 Idearc, Inc., 7.35%, 11/17/2014 (N)........................... 31,120 3,000 Infor Global Solutions, 11.60%, 07/28/2014 (N).......................... 3,049 1,023 Infor Global Solutions, Delayed Draw Term Loan, 9.10%, 07/28/2012 (N)........................... 1,030 1,962 Infor Global Solutions, Term Loan, 9.10%, 07/28/2012 (N)........................... 1,974 12,298 Intelsat Bermuda Ltd., 7.35%, 01/03/2014 (N)........................... 12,378 4,749 Intergraph Corp., 7.86%, 05/29/2014 (N)........................... 4,779 3,483 Intesat Ltd., 7.35%, 07/03/2012 (N)........................... 3,498 9,500 Intesat Ltd., 7.86%, 01/11/2014 (N)........................... 9,529 998 IPC Acquisition Corp., 7.35%, 09/22/2013 (N)........................... 1,002 2,985 IPC Acquisition Corp., 7.85%, 09/22/2013 (N)........................... 3,000 3,000 Itron, Inc., 7.36%, 04/30/2014 (AA)(Q)....................... 3,000 7,945 Leap Wireless International, Inc., 7.60%, 06/15/2013 (N)........................... 8,010 23,000 Level 3 Communications, 7.61%, 03/01/2014 (N)........................... 23,105 10,938 Marvell Technology Group Ltd., 7.35%, 11/09/2009 (N)........................... 10,993 13,463 Mediacom Broadband, Term Loan D1, 7.10%, 01/31/2015 (N)........................... 13,455 13,965 Mediacom Broadband, Term Loan D2, 7.10%, 01/31/2015 (N)(Q)........................ 13,921 2,000 Mediacom LLC, 6.86%, 09/30/2012 (N)........................... 1,981 8,978 Mediacom LLC, 7.10%, 01/31/2015 (N)........................... 8,978
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- TECHNOLOGY -- (CONTINUED) $ 27,442 Metro PCS Wireless, Inc., 7.63%, 11/02/2013 (N)........................... $ 27,636 7,000 National Cinemedia, Inc., 7.09%, 02/13/2015 (N)(Q)........................ 7,000 24,562 Ntelos, Inc., 7.57%, 08/24/2011 (N)........................... 24,693 5,000 One Communications Corp., 9.38%, 06/30/2012 (N)........................... 5,042 5,000 Paetec Holding Corp., 8.82%, 02/09/2013 (N)........................... 5,061 14,177 R.H. Donnelley, Inc., Term Loan D1, 6.85%, 06/30/2011 (N)........................... 14,155 22,631 R.H. Donnelley, Inc., Term Loan D2, 6.85%, 06/30/2011 (N)(Q)........................ 22,613 10,432 RCN Corp., 7.19%, 04/19/2014 (N)........................... 10,432 17,000 RCN Corp., 7.61%, 04/19/2014 (AA)(Q)....................... 17,117 6,975 Reynolds & Reynolds Co., 7.35%, 10/24/2012 (N)........................... 7,010 5,985 Riverdeep Interactive Learning USA, 8.10%, 12/21/2013 (N)........................... 6,012 11,500 Sanmina-Sci Corp., 8.38%, 01/31/2008 (N)........................... 11,550 7,000 UGS Corp., 7.07%, 03/31/2012 (N)........................... 6,991 6,484 Verifone Holdings, Inc., 7.11%, 10/30/2013 (N)........................... 6,536 6,000 Virgin Media Dover LLC, 7.36%, 09/03/2012 (N)........................... 6,027 5,183 Wind Acquisitions Holdings Finance S.A., 12.61%, 12/12/2011 (N).......................... 5,254 11,714 Windstream Corp., 6.86%, 08/23/2007 (N)........................... 11,768 ---------- 570,367 ---------- TRANSPORTATION -- 3.1% 7,500 Delta Air Lines, Inc., 7.36%, 03/16/2008 (F)(AA)....................... 7,532 5,000 Delta Air Lines, Inc., 7.36%, 04/25/2012 (AA)(Q)....................... 5,019 4,000 Delta Air Lines, Inc., 8.61%, 04/25/2014 (AA)(Q)....................... 4,050 6,484 Greatwide Logistics Services, Inc., 8.85%, 01/22/2014 (N)........................... 6,512 7,977 Kansas City Southern Railway Co., 7.07%, 04/28/2013 (N)........................... 7,991 3,764 Kenan Advantage Group, 8.35%, 12/16/2011 (N)........................... 3,783 995 Laidlaw International, Inc., Term Loan, 7.09%, 07/31/2013 (N)........................... 999 2,985 Laidlaw International, Inc., Term Loan B, 7.09%, 07/31/2013 (N)........................... 2,992 2,535 Louis US Holdco, Inc., 7.82%, 11/04/2013 (N)........................... 2,546
The accompanying notes are an integral part of these financial statements. 143 THE HARTFORD FLOATING RATE FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) -- (CONTINUED) TRANSPORTATION -- (CONTINUED) $ 828 Louis US Holdco, Inc., 7.85%, 11/04/2013 (N)........................... $ 834 20,000 MacQuarie Aircraft Leasing Finance S.A., 5.24%, 03/16/2014 (N)(Q)........................ 20,000 5,000 MacQuarie Aircraft Leasing Finance S.A., 9.35%, 03/16/2014 (N)........................... 5,000 16,500 Northwest Airlines, 7.32%, 08/21/2008 (F)(N)........................ 16,548 20,000 Rail America, Inc., 7.61%, 10/04/2008 (N)........................... 20,013 17,500 U.S. Airways Group, Inc., 7.85%, 03/23/2014 (N)........................... 17,588 17,000 United Air Lines, Inc., 7.38%, 02/01/2014 (N)........................... 17,035 ---------- 138,442 ---------- UTILITIES -- 3.2% 1,418 Astoria Generating Co. Acquisitions LLC, 7.34%, 02/23/2012 (N)........................... 1,426 7,500 Astoria Generating Co. Acquisitions LLC, 9.10%, 08/23/2013 (N)........................... 7,568 862 Boston Generating LLC, Letter of Credit, 7.50%, 12/19/2013 (AA).......................... 867 241 Boston Generating LLC, Revolver, 7.50%, 12/19/2013 (AA).......................... 243 3,887 Boston Generating LLC, 7.60%, 12/19/2013 (N)........................... 3,908 13,000 Calpine Corp., 7.59%, 04/03/2014 ++(N)(Q)...................... 13,069 8,511 Dynegy Holdings, Inc., Letter of Credit, 6.82%, 03/30/2013 (N)(Q)........................ 8,511 1,489 Dynegy Holdings, Inc., Term Loan, 6.82%, 03/30/2013 (N)(Q)........................ 1,489 5,000 El Paso Corp., 6.97%, 11/23/2009 (AA).......................... 5,020 2,625 Kgen LLC, Letter of Credit, 7.13%, 02/01/2014 (N)........................... 2,625 4,364 Kgen LLC, Term Loan B, 7.13%, 02/01/2014 (N)........................... 4,361 23,253 Mirant North America LLC, 7.07%, 01/03/2013 (N)........................... 23,258 444 Moreno Group LLC, Delayed Draw Term Loan, 8.11%, 04/17/2014 (AA)(Q)....................... 445 3,556 Moreno Group LLC, Term Loan B, 8.11%, 04/17/2014 (AA)(Q)....................... 3,560 16,986 NRG Energy, Inc., Credit Linked Deposit, 7.35%, 01/27/2013 (N)........................... 17,100 9,687 NRG Energy, Inc., 7.35%, 01/27/2013 (N)........................... 9,762 5,975 Pike Electric, Inc., 7.13%, 07/01/2012 (N)........................... 5,982 5,322 Pike Electric, Inc., 7.13%, 12/10/2012 (N)(Q)........................ 5,328
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- UTILITIES -- (CONTINUED) $ 9,120 Reliant Energy, Inc., 7.70%, 12/01/2010 (N)........................... $ 9,196 7,857 Reliant Energy, Inc., 7.73%, 12/01/2010 (AA).......................... 7,919 1,438 Semcrude L.P., 7.57%, 03/01/2011 (N)........................... 1,438 236 TPF Generation Holdings, LLC, 7.25%, 12/21/2011 (AA).......................... 237 753 TPF Generation Holdings, LLC, 7.25%, 12/21/2013 (AA).......................... 757 4,001 TPF Generation Holdings, LLC, 7.35%, 12/21/2013 (N)........................... 4,023 6,500 TPF Generation Holdings, LLC, 9.60%, 12/21/2014 (N)........................... 6,611 ---------- 144,703 ---------- Total senior floating rate interests non-investment grade (cost $4,042,497)............................... $4,048,139 ---------- Total long term investments (cost $4,475,329)............................... $4,483,532 ---------- SHORT-TERM INVESTMENTS -- 4.8% FINANCE -- 3.1% 20,000 American General Finance, 5.24%, 05/14/2007............................... $ 19,959 12,927 Bank of Ireland, 5.28%, 05/01/2007............................... 12,925 20,000 Danske Corp., 5.25%, 05/14/2007............................... 19,959 20,000 Deutsche Bank, 5.26%, 05/14/2007............................... 19,959 20,000 Old Line Funding LLC, 5.27%, 05/11/2007............................... 19,968 42,806 State Street Bank Money Market Fund............... 42,806 3,010 UBS Finance LLC, 5.24%, 05/01/2007............................... 3,010 ---------- 138,586 ---------- REPURCHASE AGREEMENTS -- 1.7% 22,626 BNP Paribas Securities Corp. Repurchase Agreement, 5.10%, 05/01/2007............................... 22,626 26,809 RBS Greenwich Capital Markets, 5.10%, 05/01/2007............................... 26,809 27,152 UBS Securities, Inc. Repurchase Agreement, 5.10%, 05/01/2007............................... 27,152 ---------- 76,587 ---------- Total short-term investments (cost $215,173)................................. $ 215,173 ---------- Total investments in securities (cost $4,690,502) (C)........................... $4,698,705 ==========
The accompanying notes are an integral part of these financial statements. 144 - -------------------------------------------------------------------------------- Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 1.80% of total net assets at April 30, 2007. (B)All principal amounts are in U.S. dollars unless otherwise indicated. EUR -- EURO (C)At April 30, 2007, the cost of securities for federal income tax purposes was $4,690,518 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation......................... $13,554 Unrealized depreciation......................... (5,367) ------- Net unrealized appreciation..................... $ 8,187 =======
++ The company is in bankruptcy. The bank loan or bond held by the fund is not in default. # This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future. (H)The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.
PERIOD COST ACQUIRED SHARES/PAR SECURITY BASIS -------- ---------- -------- ----- 06/2006-01/2007 6,212 American Gaming Systems, 9.82%, $ 6,227 06/21/2013 02/2006 1,800 CS First Boston Mortgage 1,779 Securities Corp. - 144A, 7.27%, 11/15/2019 06/2006-09/2006 16,181 Cumulus Media, Inc., 7.32%, 16,196 06/07/2013 09/2006-02/2007 18,000 VTR Global Communications S.A., 17,956 8.32%, 09/20/2014 10/2005 2,452 Washington Country Casino 2,452 Resort LLC, 8.88%, 11/07/2011
The aggregate value of these securities at April 30, 2007 was $44,601, which represents 1.00% of total net assets. (I) Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at April 30, 2007, was $100,156, which represents 2.24% of total net assets. (J) Securities exempt from registration under Regulation D of the Securities Act of 1933. These securities are determined to be liquid. At April 30, 2007, the market value of these securities was $41,013, which represents 0.92% of total net assets. (L) Variable rate securities; the rate reported is the coupon rate in effect at April 30, 2007. (N) The interest rate disclosed for these securities represents the average coupon as of April 30, 2007. (AA) The interest rate disclosed for these securities represents an estimated average coupon as of April 30, 2007. (Q) The cost of securities purchased on a when-issued or delayed delivery basis at April 30, 2007 was $371,921. (V) Senior loans in which the Fund invests generally pay interest rates which are periodically adjusted by reference to a base short-term, floating lending rate plus a premium. These base lending rates are generally (i) the lending rate offered by one or more major European banks, such as the London Inter-Bank Offered Rate (LIBOR), (ii) the prime rate offered by one or more major United States Banks, or (iii) the bank's certificate of deposit rate. Senior floating rate interests often require prepayments from excess cash flows or permit the borrower to repay at its election. The rate at which the borrower repays cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. The interest rate indicated is the rate in effect at April 30, 2007. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 145 THE HARTFORD FUNDAMENTAL GROWTH FUND (FORMERLY THE HARTFORD FOCUS FUND) SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 96.9% BASIC MATERIALS -- 5.1% 43 Companhia Vale do Rio Doce ADR.................... $ 1,746 22 Freeport-McMoRan Copper & Gold, Inc. ............. 1,451 ------- 3,197 ------- CAPITAL GOODS -- 4.2% 20 Caterpillar, Inc. ................................ 1,438 22 Lam Research Corp. (D)(G)......................... 1,194 ------- 2,632 ------- CONSUMER CYCLICAL -- 10.2% 22 Best Buy Co., Inc. ............................... 1,017 11 Coach, Inc. (D)................................... 552 8 Kohl's Corp. (D)(G)............................... 615 25 Lowe's Cos., Inc. ................................ 755 17 NIKE, Inc. Class B................................ 889 15 Ross Stores, Inc. ................................ 511 52 Staples, Inc. .................................... 1,300 12 Target Corp. ..................................... 729 ------- 6,368 ------- CONSUMER STAPLES -- 3.0% 17 PepsiCo, Inc. .................................... 1,090 12 Procter & Gamble Co. ............................. 784 ------- 1,874 ------- ENERGY -- 4.3% 3 Devon Energy Corp. ............................... 248 20 GlobalSantaFe Corp. .............................. 1,291 16 Schlumberger Ltd. ................................ 1,158 ------- 2,697 ------- FINANCE -- 13.9% 23 Aflac, Inc. ...................................... 1,181 17 American International Group, Inc. ............... 1,174 41 Amvescap plc ADR (G).............................. 977 10 Franklin Resources, Inc. ......................... 1,247 6 Goldman Sachs Group, Inc. ........................ 1,312 28 UnitedHealth Group, Inc. ......................... 1,475 16 Wellpoint, Inc. (D)............................... 1,295 ------- 8,661 ------- HEALTH CARE -- 13.7% 10 Abbott Laboratories............................... 566 21 Amgen, Inc. (D)................................... 1,321 13 Cephalon, Inc. (D)(G)............................. 1,067 17 CVS/Caremark Corp. ............................... 623 12 Eli Lilly & Co. .................................. 715 14 Genentech, Inc. (D)............................... 1,152 12 Genzyme Corp. (D)................................. 803 25 St. Jude Medical, Inc. (D)........................ 1,070 33 Teva Pharmaceutical Industries Ltd. ADR........... 1,257 ------- 8,574 ------- SERVICES -- 6.3% 20 Accenture Ltd. Class A............................ 794 16 Alliance Data Systems Corp. (D)(G)................ 1,038
MARKET SHARES VALUE (W) - --------- --------- SERVICES -- (CONTINUED) 23 Priceline.com, Inc. (D)(G)........................ $ 1,269 24 Robert Half International, Inc. .................. 803 ------- 3,904 ------- TECHNOLOGY -- 34.7% 21 Akamai Technologies, Inc. (D)(G).................. 908 24 America Movil S.A.B. de CV ADR.................... 1,261 4 Apple, Inc. (D)................................... 409 23 AT&T, Inc. ....................................... 879 47 Cisco Systems, Inc. (D)........................... 1,262 40 Corning, Inc. (D)................................. 956 16 Dover Corp. ...................................... 784 74 EMC Corp. (D)..................................... 1,122 21 Garmin Ltd. (G)................................... 1,193 36 General Electric Co. ............................. 1,323 3 Google, Inc. (D).................................. 1,485 30 Hewlett-Packard Co. .............................. 1,264 22 Infosys Technologies Ltd. ADR (G)................. 1,173 12 International Business Machines Corp. ............ 1,237 21 Medtronic, Inc. .................................. 1,090 45 Microsoft Corp. .................................. 1,335 45 Nokia Corp. (D)................................... 1,131 65 Oracle Corp. (D).................................. 1,226 18 Qualcomm, Inc. ................................... 771 6 Research In Motion Ltd. (D)....................... 803 ------- 21,612 ------- UTILITIES -- 1.5% 13 Exelon Corp. ..................................... 943 ------- Total common stock (cost $57,571).................................. $60,462 ------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 15.6% REPURCHASE AGREEMENTS -- 2.0% $ 409 Banc of America TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 409 152 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 152 5 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 5 203 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 203 464 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 464 ------- 1,233 -------
The accompanying notes are an integral part of these financial statements. 146 - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- SHORT-TERM INVESTMENTS -- (CONTINUED) SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 13.6% CASH COLLATERAL REINVESTMENT FUND: 8,528 Navigator Prime Portfolio......................... $ 8,528 ------- Total short-term investments (cost $9,761)................................... $ 9,761 ------- Total investments in securities (cost $67,332) (C).............................. $70,223 =======
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 15.23% of total net assets at April 30, 2007. (C) At April 30, 2007, the cost of securities for federal income tax purposes was $67,798 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation.......................... $3,026 Unrealized depreciation.......................... (601) ------ Net unrealized appreciation...................... $2,425 ======
(D) Currently non-income producing. (G) Security is partially on loan at April 30, 2007. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 147 THE HARTFORD GLOBAL COMMUNICATIONS FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 91.3% BRAZIL -- 6.7% 60 Brasil Telecom S.A. ADR........................... $ 1,107 51 Tele Norte Leste Participacoes S.A. ADR (G)....... 828 14 Tim Participacoes S.A. ADR........................ 487 ------- 2,422 ------- CANADA -- 8.6% 123 Nortel Networks Corp. (D)......................... 2,812 5 Telus Corp. ...................................... 288 ------- 3,100 ------- CHINA -- 1.9% 1,426 China Telecom Corp., Ltd. (A)..................... 676 ------- EGYPT -- 2.8% 10 Mobinil-Egyptian Mobile Service................... 290 11 Orascom Telecom Holding SAE GDR................... 727 ------- 1,017 ------- FRANCE -- 7.1% 62 France Telecom S.A. (A)(G)........................ 1,821 5 Iliad S.A. (A).................................... 502 6 Neuf Cegetel (D)(A)............................... 258 ------- 2,581 ------- INDONESIA -- 2.8% 22 P.T. Telekomunikasi Indonesia ADR................. 1,015 ------- ISRAEL -- 3.1% 13 Cellcom Israel Ltd. (D)........................... 258 53 Partner Communications Co., Ltd. ADR (G).......... 857 ------- 1,115 ------- ITALY -- 0.3% 45 Telecom Italia S.p.A. (A)(G)...................... 110 ------- LUXEMBOURG -- 6.1% 52 Citigroup Global Certificate -- Bharti Televentures.................................... 1,020 15 Millicom International Cellular S.A. (D)(G)....... 1,203 ------- 2,223 ------- MOROCCO -- 0.0% 1 Maroc Telecom (A)................................. 13 ------- NORWAY -- 5.1% 99 Telenor ASA (A)(G)................................ 1,835 ------- RUSSIA -- 11.5% 41 AFK Sistema GDR................................... 1,172 23 Mobile Telesystems OJSC ADR....................... 1,245 18 Vimpel-Communications ADR (D)..................... 1,751 ------- 4,168 ------- SOUTH AFRICA -- 6.0% 108 MTN Group Ltd. (A)................................ 1,571 6 Telkom South Africa Ltd. ADR (G).................. 603 ------- 2,174 -------
MARKET SHARES VALUE (W) - --------- --------- SPAIN -- 4.2% 23 Telefonica S.A. ADR............................... $ 1,535 ------- TURKEY -- 4.7% 122 Turkcell Iletisim Hizmet A.S. ADR................. 1,720 ------- UNITED STATES -- 20.4% 32 Atlantic Tele-Network, Inc. ...................... 798 1 Cablevision Systems Corp. (D)..................... 39 25 Leap Wireless International, Inc. (D)............. 1,924 18 MetroPCS Communications, Inc. (D)................. 500 16 Neustar, Inc. (D)................................. 449 41 NII Holdings, Inc. Class B (D).................... 3,161 49 Syniverse Holdings, Inc. (D)...................... 504 ------- 7,375 ------- Total common stock (cost $27,651).................................. $33,079 ------- PREFERRED STOCKS -- 3.2% BRAZIL -- 3.2% 16 Telecomunicacoes de Sao Paulo S.A. (G)............ $ 435 31 Telemar Norte Leste S.A. ......................... 720 ------- Total preferred stocks (cost $1,075)................................... $ 1,155 ------- Total long-term investments (cost $28,726).................................. $34,234 ------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 18.1% REPURCHASE AGREEMENTS -- 3.1% $ 373 Banc of America Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 373 138 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 138 4 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 4 185 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 185 422 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 422 ------- 1,122 ------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 15.0% CASH COLLATERAL REINVESTMENT FUND: 5,419 BNY Institutional Cash Reserve Fund............... 5,419 ------- Total short-term investments (cost $6,541)................................... $ 6,541 ------- Total investments in securities (cost $35,267) (C).............................. $40,775 =======
The accompanying notes are an integral part of these financial statements. 148 - -------------------------------------------------------------------------------- Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 74.11% of total net assets at April 30, 2007. (A) The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $6,786, which represents 18.72% of total net assets. (C) At April 30, 2007, the cost of securities for federal income tax purposes was $35,456 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation.......................... $6,210 Unrealized depreciation.......................... (891) ------ Net unrealized appreciation...................... $5,319 ======
(D) Currently non-income producing. (G) Security is partially on loan at April 30, 2007. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 149 THE HARTFORD GLOBAL FINANCIAL SERVICES FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 96.3% AUSTRALIA -- 2.2% 34 Westpac Banking Corp. (A)......................... $ 764 ------- BRAZIL -- 1.2% 11 Banco Itau Holding................................ 424 ------- CANADA -- 5.2% 16 Bank of Montreal.................................. 970 4 Canadian Imperial Bank of Commerce................ 334 19 Canadian Western Bank............................. 419 3 Gluskin Sheff Associates, Inc. ................... 70 ------- 1,793 ------- FRANCE -- 1.5% 30 Fimatex S.A. (D)(A)............................... 524 ------- GERMANY -- 4.1% 8 Muenchener Rueckversicherungs-Gesellschaft AG (A)............................................. 1,402 ------- ITALY -- 6.8% 115 Intesa Sanpaolo (D)(A)............................ 960 135 UniCredito Italiano S.p.A. (A).................... 1,391 ------- 2,351 ------- LIECHTENSTEIN -- 1.1% 1 Verwalt & Privat-Bank AG (A)...................... 385 ------- NETHERLANDS -- 6.0% 34 Aegon N.V. (A)(H)................................. 707 29 ING Groep N.V. (A)................................ 1,341 ------- 2,048 ------- NORWAY -- 0.9% 25 Sparebanken Midt-Norge............................ 324 ------- SWITZERLAND -- 13.7% 14 Credit Suisse Group (A)........................... 1,098 24 Julius Baer Holding Ltd. (A)...................... 1,643 1 Swiss Life Holding (A)............................ 334 25 UBS AG (A)........................................ 1,629 ------- 4,704 ------- UNITED KINGDOM -- 13.4% 172 Aberdeen Asset Management plc (A)................. 751 95 Amvescap plc (A).................................. 1,120 42 Kensington Group plc (A).......................... 473 228 Old Mutual plc (A)................................ 808 48 Paragon Group Companies plc (A)................... 523 25 Royal Bank of Scotland Group plc (A).............. 942 ------- 4,617 ------- UNITED STATES -- 40.2% 11 ACE Ltd. ......................................... 636 2 Alleghany Corp. (D)............................... 657 32 Bank of America Corp. ............................ 1,624 13 Capital One Financial Corp. ...................... 936 32 Citigroup, Inc. .................................. 1,721 8 Comerica, Inc. ................................... 464
MARKET SHARES VALUE (W) - --------- --------- UNITED STATES -- (CONTINUED) 16 Commerce Bancorp, Inc. ........................... $ 548 13 Countrywide Financial Corp. ...................... 482 34 E*Trade Financial Corp. (D)....................... 753 21 FirstMerit Corp. (G).............................. 446 13 MBIA, Inc. ....................................... 926 11 PNC Financial Services Group, Inc. ............... 800 12 Reinsurance Group of America, Inc. ............... 723 11 Signature Bank (D)................................ 355 14 State Street Corp. ............................... 971 18 Unum Group........................................ 453 14 Wachovia Corp. ................................... 788 11 Webster Financial Corp. .......................... 493 ------- 13,776 ------- Total common stock (cost $28,292).................................. $33,112 ------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 3.9% REPURCHASE AGREEMENTS -- 3.0% $340 Banc of America Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 340 169 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 169 4 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 4 126 BNP Paribas Securities Corp. TriParty Securities Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 125 385 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 385 ------- 1,023 ------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 0.9% CASH COLLATERAL REINVESTMENT FUND: 316 Mellon GSL DBTII Collateral Fund.................. 315 ------- Total short-term investments (cost $1,338)................................... $ 1,338 ------- Total investments in securities (cost $29,630) (C).............................. $34,450 =======
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 56.23% of total net assets at April 30, 2007. (A)The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $16,795, which represents 48.84% of total net assets. The accompanying notes are an integral part of these financial statements. 150 - -------------------------------------------------------------------------------- (C)At April 30, 2007, the cost of securities for federal income tax purposes was $29,696 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation.......................... $5,107 Unrealized depreciation.......................... (353) ------ Net unrealized appreciation...................... $4,754 ======
(D)Currently non-income producing. (G)Security is partially on loan at April 30, 2007. (H)The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.
PERIOD COST ACQUIRED SHARES/PAR SECURITY BASIS -------- ---------- -------- ----- 11/2006-2/2007 34 Aegon N.V. $656
The aggregate value of these securities at April 30, 2007 was $707, which represents 0.06% of total net assets. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 151 THE HARTFORD GLOBAL HEALTH FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- ---------- COMMON STOCK -- 96.0% AGENCIES, BROKERAGES, OTHER INSURANCE ACTIVITIES -- 0.6% 70 Medco Health Solutions, Inc. (D).................. $ 5,469 ---------- DRUGS & DRUGGISTS SUNDRIES WHOLESALERS -- 5.0% 233 Cardinal Health, Inc. ............................ 16,312 485 McKesson Corp. ................................... 28,527 ---------- 44,839 ---------- GENERAL MEDICAL AND SURGICAL HOSPITALS -- 1.0% 143 Universal Health Services, Inc. Class B........... 8,677 ---------- HEALTH AND PERSONAL CARE STORES -- 1.2% 181 Longs Drug Stores Corp. .......................... 9,924 213 Rite Aid Corp. (D)(G)............................. 1,307 ---------- 11,231 ---------- INSURANCE CARRIERS -- 8.4% 123 Cigna Corp. ...................................... 19,200 331 Health Net, Inc. (D)(G)........................... 17,872 402 UnitedHealth Group, Inc. ......................... 21,317 209 Wellpoint, Inc. (D)............................... 16,528 ---------- 74,917 ---------- MEDICAL EQUIPMENT & SUPPLIES MANUFACTURING -- 5.4% 115 Arrow International, Inc. ........................ 3,665 366 Baxter International, Inc. ....................... 20,727 456 St. Jude Medical, Inc. (D)........................ 19,491 33 Synthes, Inc. (A)................................. 4,304 ---------- 48,187 ---------- NAVIGATE, MEASURE, CONTROL INSTRUMENT MANUFACTURING -- 6.9% 225 Beckman Coulter, Inc. ............................ 14,120 895 Medtronic, Inc. .................................. 47,356 ---------- 61,476 ---------- NURSING CARE FACILITIES -- 1.2% 166 Manor Care, Inc. ................................. 10,746 ---------- PHARMACEUTICAL & MEDICINE MANUFACTURING -- 57.6% 885 Abbott Laboratories............................... 50,109 119 Amgen, Inc. (D)................................... 7,658 380 Amylin Pharmaceuticals, Inc. (D)(G)............... 15,710 525 Astellas Pharma, Inc. (A)......................... 22,944 401 AstraZeneca plc ADR............................... 21,800 150 AtheroGenics, Inc. (D)(G)......................... 503 208 Barr Pharmaceuticals, Inc. (D).................... 10,049 794 Bristol-Myers Squibb Co. ......................... 22,918 220 Cephalon, Inc. (D)(G)............................. 17,534 894 Cytokinetics, Inc. (D)(G)......................... 5,909 884 Daiichi Sankyo Co., Ltd. (A)(G)................... 26,370 509 Eisai Co., Ltd. (A)(G)............................ 24,151 928 Elan Corp. plc ADR (D)............................ 12,882 334 Eli Lilly & Co. .................................. 19,732 260 Forest Laboratories, Inc. (D)(G).................. 13,856 253 Gilead Sciences, Inc. (D)......................... 20,692 150 H. Lundbeck A/S (A)(G)............................ 3,610 207 Hospira, Inc. (D)................................. 8,402
MARKET SHARES VALUE (W) - --------- ---------- PHARMACEUTICAL & MEDICINE MANUFACTURING -- (CONTINUED) 138 Ipsen (A)......................................... $ 7,340 204 MedImmune, Inc. (D)(G)............................ 11,574 193 Merck & Co., Inc. ................................ 9,933 798 MGI Pharma, Inc. (D)(G)........................... 17,576 124 NPS Pharmaceuticals, Inc. (D)(G).................. 492 288 Pharmion Corp. (D)(G)............................. 8,730 326 Progenics Pharmaceuticals, Inc. (D)(G)............ 7,899 694 Sanofi-Aventis S.A. ADR........................... 31,822 1,651 Schering-Plough Corp. ............................ 52,380 1,216 Shionogi & Co., Ltd. (A)(G)....................... 23,697 302 Teva Pharmaceutical Industries Ltd. ADR........... 11,554 307 UCB S.A. (A)(G)................................... 18,290 309 Vertex Pharmaceuticals, Inc. (D)(G)............... 9,493 ---------- 515,609 ---------- PROFESSIONAL SERVICES -- COMPUTER SYSTEM DESIGN & RELATED -- 0.9% 272 IMS Health, Inc. ................................. 7,973 ---------- SCIENTIFIC RESEARCH & DEVELOPMENT SERVICES -- 7.8% 474 Applera Corp. -- Celera Genomics Group (D)........ 6,637 667 Ciphergen Biosystems, Inc. (D)(G)................. 961 505 CV Therapeutics, Inc. (D)(G)...................... 4,256 509 Exelixis, Inc. (D)(G)............................. 5,462 630 Human Genome Sciences, Inc. (D)(G)................ 6,782 378 Incyte Corp. (D)(G)............................... 2,917 399 Medicines Co. (D)(G).............................. 9,085 1,673 Millennium Pharmaceuticals, Inc. (D)(G)........... 18,535 281 Regeneron Pharmaceuticals, Inc. (D)(G)............ 7,651 536 Zymogenetics, Inc. (D)(G)......................... 8,017 ---------- 70,303 ---------- Total common stock (cost $717,639)................................. $ 859,427 ---------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 18.6% REPURCHASE AGREEMENTS -- 2.8% $ 8,267 Banc of America Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 8,267 3,062 BNP Paribas Securities TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 3,062 96 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 96 4,102 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 4,102 9,368 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 9,368 ---------- 24,895 ----------
The accompanying notes are an integral part of these financial statements. 152 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- SHORT-TERM INVESTMENTS -- (CONTINUED) SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 15.8% CASH COLLATERAL REINVESTMENT FUND: 141,120 Navigator Prime Portfolio......................... $ 141,120 ---------- PRINCIPAL AMOUNT - --------- U.S. TREASURY SECURITIES: $ 46 U.S. Treasury Bond, 8.00%, 11/15/2021............................... 62 3 U.S. Treasury Note, 3.38%, 11/15/2008............................... 3 30 U.S. Treasury Note, 3.50%, 12/15/2009............................... 29 ---------- 94 ---------- 141,214 ---------- Total short-term investments (cost $166,109)................................. $ 166,109 ---------- Total investments in securities (cost $883,748) (C)............................. $1,025,536 ==========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 22.85% of total net assets at April 30, 2007. (A) The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $130,706, which represents 14.60% of total net assets. (C) At April 30, 2007, the cost of securities for federal income tax purposes was $885,185 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation........................ $153,939 Unrealized depreciation........................ (13,588) -------- Net unrealized appreciation.................... $140,351 ========
(D) Currently non-income producing. (G) Security is partially on loan at April 30, 2007. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 153 THE HARTFORD GLOBAL LEADERS FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 100.1% AUSTRIA -- 1.3% 123 Erste Bank Der Oesterreichischen Sparkassen AG (A)............................................. $ 9,842 -------- BRAZIL -- 1.4% 251 Companhia Vale do Rio Doce ADR.................... 10,193 -------- CANADA -- 3.9% 202 Cameco Corp. ..................................... 9,436 92 Research In Motion Ltd. (D)....................... 12,105 95 Suncor Energy, Inc. .............................. 7,622 -------- 29,163 -------- CHINA -- 0.5% 216 China CITIC Bank (D).............................. 181 1,529 China Merchants Bank Co., Ltd. (A)(D)............. 3,721 -------- 3,902 -------- DUTCH ANTILLES -- 2.2% 230 Schlumberger Ltd. (G)............................. 16,944 -------- FRANCE -- 4.7% 78 Accor S.A. (A)(G)................................. 7,333 61 Alstom RGPT (A)(D)................................ 9,119 29 Pinault-Printemps-Redoute S.A. (A)................ 4,967 169 Veolia Environment S.A. (A)....................... 13,977 -------- 35,396 -------- GERMANY -- 4.6% 57 Deutsche Boerse AG (A)............................ 13,398 51 Fresenius Medical Care AG & Co. (A)............... 7,579 203 KarstadtQuelle AG (A)(D).......................... 7,802 50 Siemens AG (A).................................... 6,087 -------- 34,866 -------- GREECE -- 0.7% 100 National Bank of Greece (A)....................... 5,591 -------- IRELAND -- 2.5% 751 Elan Corp. plc ADR (D)(G)......................... 10,429 186 Ryanair Holdings plc ADR (D)(G)................... 8,690 -------- 19,119 -------- JAPAN -- 10.2% 155 Eisai Co., Ltd. (A)(G)............................ 7,343 2 Japan Tobacco, Inc. (A)........................... 8,323 51 Nintendo Co., Ltd. (A)............................ 15,775 36 ORIX Corp. (A).................................... 9,652 20 Rakuten, Inc. (A)................................. 8,185 389 Softbank Corp. (A)(D)(G).......................... 8,352 1 Sumitomo Mitsui Financial Group, Inc. (A)......... 7,033 326 Sumitomo Realty & Development Co., Ltd. (A)....... 12,033 -------- 76,696 -------- LUXEMBOURG -- 0.3% 25 Millicom International Cellular S.A. (D).......... 2,048 -------- MEXICO -- 1.1% 156 America Movil S.A.B de CV ADR..................... 8,184 --------
MARKET SHARES VALUE (W) - --------- --------- NETHERLANDS -- 2.9% 291 ASML Holding N.V. (A)(D).......................... $ 7,900 249 Royal Numico N.V. (A)(H).......................... 13,735 -------- 21,635 -------- RUSSIA -- 1.0% 182 OAO Gazprom ADR (K)............................... 7,255 -------- SOUTH KOREA -- 1.2% 136 LG Electronics, Inc. (A)(D)....................... 9,082 -------- SPAIN -- 1.0% 216 Gamesa Corporacion Tecnologica S.A. (A)........... 7,429 -------- SWITZERLAND -- 3.7% 531 ABB Ltd. (G)(A)................................... 10,611 80 Julius Baer Holding Ltd. (A)...................... 5,588 29 Nestle S.A. (A)(G)................................ 11,518 -------- 27,717 -------- TAIWAN -- 0.9% 1,086 Hon Hai Precision Industry Co., Ltd. (A).......... 7,162 -------- UNITED KINGDOM -- 9.7% 961 Amvescap plc (A).................................. 11,281 1,301 Man Group plc (A)................................. 14,564 254 Reckitt Benckiser plc (A)......................... 13,899 2,587 Tesco plc (A)..................................... 23,790 183 Xstrata plc (A)................................... 9,507 -------- 73,041 -------- UNITED STATES -- 46.3% 428 Activision, Inc. (D).............................. 8,562 261 Adobe Systems, Inc. (D)........................... 10,864 131 Akamai Technologies, Inc. (D)..................... 5,757 461 American Tower Corp. Class A (D).................. 17,518 109 Apple, Inc. (D)................................... 10,878 161 Best Buy Co., Inc. ............................... 7,515 147 Boeing Co. ....................................... 13,671 81 Celgene Corp. (D)................................. 4,960 526 Cisco Systems, Inc. (D)........................... 14,071 592 Comcast Corp. Class A (D)......................... 15,780 627 Corning, Inc. (D)................................. 14,872 131 Danaher Corp. .................................... 9,304 357 E*Trade Financial Corp. (D)....................... 7,889 229 eBay, Inc. (D).................................... 7,779 184 Electronic Arts, Inc. (D)......................... 9,250 96 Eli Lilly & Co. .................................. 5,676 670 EMC Corp. (D)..................................... 10,171 105 General Dynamics Corp. ........................... 8,266 118 Gilead Sciences, Inc. (D)......................... 9,610 53 Goldman Sachs Group, Inc. ........................ 11,543 40 Google, Inc. (D).................................. 18,902 179 Hewlett-Packard Co. .............................. 7,535 185 Las Vegas Sands Corp. (D)(G)...................... 15,735 24 MetroPCS Communications, Inc. (D)................. 661 239 Monsanto Co. ..................................... 14,081 252 Network Appliance, Inc. (D)....................... 9,392 75 Noble Corp. ...................................... 6,274
The accompanying notes are an integral part of these financial statements. 154 - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) UNITED STATES -- (CONTINUED) 596 Oracle Corp. (D).................................. $ 11,209 673 Schering-Plough Corp. ............................ 21,357 390 St. Jude Medical, Inc. (D)........................ 16,671 102 Suntech Power Holdings Co., Ltd. ADR (D).......... 3,704 219 Wyeth............................................. 12,132 89 Zimmer Holdings, Inc. (D)......................... 8,062 -------- 349,651 -------- Total common stock (cost $620,768)................................. $754,916 -------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 7.3% REPURCHASE AGREEMENTS -- 0.1% $ 116 Banc of America TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 116 43 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 43 1 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 1 58 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 58 131 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 131 -------- 349 -------- SHARES - --------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 7.2% CASH COLLATERAL REINVESTMENT FUND: 54,386 BNY Institutional Cash Reserve Fund............... 54,383 -------- Total short-term investments (cost $54,732).................................. $ 54,732 -------- Total investments in securities (cost $675,500) (C)............................. $809,648 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 53.74% of total net assets at April 30, 2007. (A)The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $312,178, which represents 41.40% of total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $683,272 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation........................ $134,274 Unrealized depreciation........................ (7,898) -------- Net unrealized appreciation.................... $126,376 ========
(D)Currently non-income producing. (G)Security is partially on loan at April 30, 2007. (H)The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.
PERIOD ACQUIRED SHARES/PAR SECURITY COST BASIS -------- ---------- -------- ---------- 7/2004 249 Royal Numico N.V. $12,524
The aggregate value of these securities at April 30, 2007 was $13,735, which represents 1.82% of total net assets. (K) Securities contain some restrictions as to public resale. These securities comply with Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, and are determined to be liquid. At April 30, 2007, the market value of these securities amounted to $7,255 or 0.96% of total net assets. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. FORWARD FOREIGN CURRENCY CONTRACTS OUTSTANDING AT APRIL 30, 2007
MARKET CONTRACT DELIVERY APPRECIATION DESCRIPTION TRANSACTION VALUE AMOUNT DATE (DEPRECIATION) - ----------- ----------- ------ -------- ---------- -------------- Euro Buy $1,314 $1,310 05/02/2007 $4 Hong Kong Dollars Buy 1,064 1,064 05/02/2007 -- -- $4 ==
The accompanying notes are an integral part of these financial statements. 155 THE HARTFORD GLOBAL TECHNOLOGY FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 98.1% ACTIVITIES RELATED TO CREDIT BANKING -- 1.9% 54 Western Union Co. ................................ $ 1,139 ------- AUDIO AND VIDEO EQUIPMENT -- 1.4% 16 Sony Corp. (A).................................... 824 ------- BUSINESS SUPPORT SERVICES -- 1.1% 23 Iron Mountain, Inc. (D)(G)........................ 648 ------- COMMUNICATIONS EQUIPMENT -- 10.2% 41 Cisco Systems, Inc. (D)........................... 1,086 13 Polycom, Inc. (D)................................. 419 45 Qualcomm, Inc. ................................... 1,988 20 Research In Motion Ltd. (D)....................... 2,632 ------- 6,125 ------- COMPUTER AND PERIPHERAL -- 24.7% 32 Apple, Inc. (D)................................... 3,204 144 EMC Corp. (D)..................................... 2,190 126 Hewlett-Packard Co. .............................. 5,314 342 Hon Hai Precision Industry Co., Ltd. (A).......... 2,255 18 International Business Machines Corp. ............ 1,860 ------- 14,823 ------- ELECTRICAL EQUIPMENT MANUFACTURING -- COMPONENT OTHER -- 3.4% 86 Corning, Inc. (D)................................. 2,035 ------- EMPLOYMENT SERVICES -- 3.3% 12 Manpower, Inc. ................................... 971 31 Robert Half International, Inc. .................. 1,019 ------- 1,990 ------- MACHINERY MANUFACTURING -- INDUSTRIAL MACHINERY -- 6.4% 21 KLA-Tencor Corp. ................................. 1,139 50 Lam Research Corp. (D)............................ 2,694 ------- 3,833 ------- MANAGEMENT, SCIENTIFIC, AND TECH CONSULTING SERVICES -- 3.7% 34 Accenture Ltd. Class A............................ 1,325 21 Monster Worldwide, Inc. (D)....................... 870 ------- 2,195 ------- ON LINE INFORMATION SERVICES -- 6.4% 7 Google, Inc. (D).................................. 3,206 28 Juniper Networks, Inc. (D)........................ 628 ------- 3,834 ------- PROFESSIONAL SERVICES -- ACCOUNTING, TAX PREP, PAYROLL --1.1% 19 Paychex, Inc. .................................... 686 -------
MARKET SHARES VALUE (W) - --------- --------- PROFESSIONAL SERVICES -- COMPUTER SYSTEM DESIGN & RELATED -- 5.7% 32 Automatic Data Processing, Inc. .................. $ 1,428 43 BISYS Group, Inc. (D)............................. 499 19 DST Systems, Inc. (D)(G).......................... 1,514 ------- 3,441 ------- SEMICONDUCTOR, ELECTRONIC COMPONENT -- 11.7% 42 Altera Corp. (D).................................. 949 36 ASML Holding N.V. (D)(A).......................... 966 48 Maxim Integrated Products, Inc. .................. 1,507 31 S.O.I. Tec S.A. (D)(A)............................ 716 30 Semtech Corp. (D)................................. 431 47 Texas Instruments, Inc. .......................... 1,619 40 Trident Microsystems, Inc. (D).................... 851 ------- 7,039 ------- SOFTWARE PUBLISHERS -- 13.4% 74 Activision, Inc. (D).............................. 1,478 31 Adobe Systems, Inc. (D)........................... 1,272 36 Electronic Arts, Inc. (D)......................... 1,835 64 Microsoft Corp. .................................. 1,901 31 Oracle Corp. (D).................................. 588 46 Red Hat, Inc. (D)(G).............................. 964 ------- 8,038 ------- WHOLESALERS -- ELECTRICAL & ELECTRONIC MERCHANDISE -- 2.4% 22 LG Electronics, Inc. (D)(A)....................... 1,442 ------- WIRELESS COMMUNICATIONS SERVICES -- 1.3% 105 Sonus Networks, Inc. (D).......................... 809 ------- Total common stock (cost $50,397).................................. $58,901 ------- WARRANTS -- 0.9% OTHER PERSONAL SERVICES -- 0.9% 9 Tata Consultancy Services Ltd. (D) (I)............ $ 548 ------- Total warrants (cost $267)..................................... 548 ------- Total long-term investments (cost $50,664).................................. $59,449 ------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 4.8% REPURCHASE AGREEMENTS -- 0.4% $ 85 Banc of America TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 85 31 BNP Paribas TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 31 1 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 1
The accompanying notes are an integral part of these financial statements. 156 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- SHORT-TERM INVESTMENTS -- (CONTINUED) REPURCHASE AGREEMENTS -- (CONTINUED) $ 42 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 42 96 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 96 ------- $ 255 ------- SHARES ------ SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 4.4% CASH COLLATERAL REINVESTMENT FUND: 2,629 BNY Institutional Cash Reserve Fund............... 2,629 ------- Total short-term investments (cost $2,884)................................... $ 2,884 ------- Total investments in securities (cost $53,548) (C).............................. $62,333 =======
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 15.63% of total net assets at April 30, 2007. (A)The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $6,203, which represents 10.33% of total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $53,989 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation.......................... $9,013 Unrealized depreciation.......................... (669) ------ Net unrealized appreciation...................... $8,344 ======
(D)Currently non-income producing. (G)Security is partially on loan at April 30, 2007. (I)Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at April 30, 2007, was $548, which represents 0.91% of total net assets. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 157 THE HARTFORD GROWTH ALLOCATION FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- AFFILIATED INVESTMENT COMPANIES -- 99.8% EQUITY FUNDS -- 79.6% 4,357 Hartford Capital Appreciation Fund, Class Y....... $182,700 1,909 Hartford Disciplined Equity Fund, Class Y......... 28,273 2,938 Hartford Equity Income Fund, Class Y.............. 43,420 2,308 Hartford Global Leaders Fund, Class Y............. 48,528 955 Hartford Growth Opportunities Fund, Class Y....... 30,546 2,093 Hartford International Opportunities Fund, Class Y............................................... 38,591 2,349 Hartford International Small Company Fund, Class Y............................................... 39,468 3,568 Hartford Select SmallCap Value Fund, Class Y...... 42,249 1,373 Hartford Small Company Fund, Class Y.............. 32,577 9,808 Hartford Value Fund, Class Y...................... 130,440 -------- Total equity funds (cost $559,172)................................. $616,792 -------- FIXED INCOME FUNDS -- 20.2% 2,168 Hartford Inflation Plus Fund, Class Y............. $ 22,899 5,010 Hartford Short Duration Fund, Class Y............. 49,546 7,780 Hartford Total Return Bond Fund, Class Y.......... 83,786 -------- Total fixed income funds (cost $155,926)................................. $156,231 -------- Total investments in affiliated investment companies (cost $715,098) (C)............................. $773,023 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $715,109 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation......................... $57,923 Unrealized depreciation......................... (9) ------- Net unrealized appreciation..................... $57,914 =======
(W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 158 THE HARTFORD GROWTH FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- ---------- COMMON STOCK -- 99.7% BASIC MATERIALS -- 6.4% 306 Agrium, Inc. ..................................... $ 11,870 587 Cameco Corp. ..................................... 27,379 208 Companhia Vale do Rio Doce ADR.................... 8,427 152 Freeport-McMoRan Copper & Gold, Inc. ............. 10,208 93 Potash Corp. of Saskatchewan...................... 16,668 ---------- 74,552 ---------- CAPITAL GOODS -- 5.9% 333 ABB Ltd. ADR...................................... 6,638 294 Boeing Co. ....................................... 27,380 89 Deere & Co. ...................................... 9,693 179 Illinois Tool Works, Inc. ........................ 9,184 145 International Game Technology..................... 5,515 109 Parker-Hannifin Corp. ............................ 10,085 ---------- 68,495 ---------- CONSUMER CYCLICAL -- 4.5% 197 Coach, Inc. (D)................................... 9,627 134 Kohl's Corp. (D).................................. 9,923 286 NIKE, Inc. Class B................................ 15,390 715 Staples, Inc. .................................... 17,732 ---------- 52,672 ---------- CONSUMER STAPLES -- 2.4% 1 Japan Tobacco, Inc. (A)........................... 6,301 161 PepsiCo, Inc. .................................... 10,667 179 Procter & Gamble Co. ............................. 11,537 ---------- 28,505 ---------- ENERGY -- 1.0% 291 Halliburton Co. .................................. 9,255 33 Transocean, Inc. (D).............................. 2,886 ---------- 12,141 ---------- FINANCE -- 12.3% 316 Amvescap plc ADR.................................. 7,498 17 Chicago Mercantile Exchange Holdings, Inc. ....... 8,759 416 Commerce Bancorp, Inc. ........................... 13,894 177 Franklin Resources, Inc. ......................... 23,248 43 Goldman Sachs Group, Inc. ........................ 9,341 470 Nasdaq Stock Market, Inc. (D)(G).................. 15,317 319 State Street Corp. ............................... 21,959 481 UBS AG............................................ 31,188 566 Western Union Co. ................................ 11,914 ---------- 143,118 ---------- HEALTH CARE -- 11.7% 208 Abbott Laboratories............................... 11,775 153 Eisai Co., Ltd. (A)............................... 7,273 456 Elan Corp. plc ADR (D)............................ 6,333 83 Gilead Sciences, Inc. (D)......................... 6,749 201 Merck & Co., Inc. ................................ 10,338 194 Monsanto Co. ..................................... 11,418 255 Sanofi-Aventis S.A. ADR (G)....................... 11,678 1,465 Schering-Plough Corp. ............................ 46,478 336 Shionogi & Co., Ltd. (A).......................... 6,553
MARKET SHARES VALUE (W) - --------- ---------- HEALTH CARE -- (CONTINUED) 302 St. Jude Medical, Inc. (D)........................ $ 12,913 168 Vertex Pharmaceuticals, Inc. (D)(G)............... 5,171 ---------- 136,679 ---------- SERVICES -- 15.8% 590 Accenture Ltd. Class A............................ 23,087 204 Alliance Data Systems Corp. (D)................... 12,958 150 Apollo Group, Inc. Class A (D).................... 7,087 445 Autodesk, Inc. (D)................................ 18,365 346 Automatic Data Processing, Inc. .................. 15,506 335 Equifax, Inc. (D)................................. 13,329 206 Fluor Corp. ...................................... 19,669 281 Focus Media Holding Ltd. ADR (D)(G)............... 10,406 100 Manpower, Inc. ................................... 8,035 229 Monster Worldwide, Inc. (D)....................... 9,609 70 Starwood Hotels & Resorts......................... 4,717 191 United Parcel Service, Inc. Class B............... 13,420 158 Viacom, Inc. Class B (D).......................... 6,530 472 Walt Disney Co. .................................. 16,520 124 Waste Management, Inc. ........................... 4,630 ---------- 183,868 ---------- TECHNOLOGY -- 37.0% 730 Activision, Inc. (D).............................. 14,605 417 Adobe Systems, Inc. (D)........................... 17,351 194 Akamai Technologies, Inc. (D)..................... 8,543 658 Altera Corp. (D).................................. 14,830 146 America Movil S.A.B de CV ADR..................... 7,695 314 American Tower Corp. Class A (D).................. 11,942 139 Apple, Inc. (D)................................... 13,892 313 AT&T, Inc. ....................................... 12,105 1,498 Cisco Systems, Inc. (D)........................... 40,067 370 Danaher Corp. .................................... 26,319 202 Electronic Arts, Inc. (D)......................... 10,177 973 EMC Corp. (D)..................................... 14,774 344 General Electric Co. ............................. 12,680 70 Google, Inc. (D).................................. 33,072 333 Hewlett-Packard Co. .............................. 14,041 131 International Business Machines Corp. ............ 13,348 486 Linear Technology Corp. .......................... 18,183 525 Medtronic, Inc. .................................. 27,778 152 MetroPCS Communications, Inc. (D)................. 4,276 798 Network Appliance, Inc. (D)....................... 29,708 167 NII Holdings, Inc. Class B (D).................... 12,849 2,112 Oracle Corp. (D).................................. 39,710 136 Research In Motion Ltd. (D)....................... 17,940 24 Roper Industries, Inc. ........................... 1,358 59 Siemens AG........................................ 7,187 392 Symantec Corp. (D)................................ 6,902 ---------- 431,332 ---------- TRANSPORTATION -- 2.7% 406 General Dynamics Corp. ........................... 31,832 ---------- Total common stock (cost $1,037,996)............................... $1,163,194 ----------
The accompanying notes are an integral part of these financial statements. 159 THE HARTFORD GROWTH FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 3.0% REPURCHASE AGREEMENTS -- 0.5% $ 1,978 Banc of America Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 1,978 732 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 732 23 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 23 981 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 981 2,241 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 2,241 ---------- 5,955 ---------- SHARES - --------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 2.5% CASH COLLATERAL REINVESTMENT FUND: 29,264 Navigator Prime Portfolio......................... 29,264 ---------- Total short-term investments (cost $35,219).................................. $ 35,219 ---------- Total investments in securities (cost $1,073,215) (C)........................... $1,198,413 ==========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 15.49% of total net assets at April 30, 2007. (A)The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $20,127, which represents 1.73% of total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $1,075,564 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation........................ $139,448 Unrealized depreciation........................ (16,599) -------- Net unrealized appreciation.................... $122,849 ========
(D)Currently non-income producing. (G)Security is partially on loan at April 30, 2007. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 160 THE HARTFORD GROWTH OPPORTUNITIES FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- ---------- COMMON STOCK -- 96.1% BASIC MATERIALS -- 9.9% 449 Cameco Corp. ..................................... $ 20,918 339 Companhia Vale do Rio Doce ADR.................... 13,767 315 Freeport-McMoRan Copper & Gold, Inc. ............. 21,142 513 Jarden Corp. (D).................................. 21,625 555 Owens-Illinois, Inc. (D).......................... 16,694 145 Potash Corp. of Saskatchewan...................... 25,941 78 Rio Tinto plc ADR................................. 18,959 ---------- 139,046 ---------- CAPITAL GOODS -- 1.1% 20 Flowserve Corp. .................................. 1,245 288 Joy Global, Inc. (G).............................. 14,592 ---------- 15,837 ---------- CONSUMER CYCLICAL -- 8.0% 170 Abercrombie & Fitch Co. Class A................... 13,858 372 California Pizza Kitchen, Inc. (D)................ 12,439 200 Foster Wheeler Ltd. (D)........................... 13,780 332 Kohl's Corp. (D).................................. 24,544 560 Mosaic Co. (D).................................... 16,523 317 Saks, Inc. ....................................... 6,638 362 Tiffany & Co. (G)................................. 17,278 136 Under Armour, Inc. Class A (D)(G)................. 6,863 ---------- 111,923 ---------- CONSUMER STAPLES -- 2.3% 204 Bunge Ltd. Finance Corp. (G)...................... 15,425 784 Tyson Foods, Inc. Class A......................... 16,437 ---------- 31,862 ---------- ENERGY -- 4.9% 482 Chesapeake Energy Corp. .......................... 16,257 204 ConocoPhillips Holding Co. ....................... 14,120 231 EOG Resources, Inc. (G)........................... 16,994 245 Halliburton Co. .................................. 7,791 242 Ultra Petroleum Corp. (D)......................... 13,715 ---------- 68,877 ---------- FINANCE -- 6.6% 537 AMVESCAP plc ADR.................................. 12,723 551 Covanta Holding Corp. (D)......................... 13,514 853 Cyrela Brazil Realty S.A. ........................ 9,197 647 E*Trade Financial Corp. (D)....................... 14,288 526 Nasdaq Stock Market, Inc. (D)..................... 17,117 213 UBS AG............................................ 13,830 154 Wellpoint, Inc. (D)............................... 12,130 ---------- 92,799 ---------- HEALTH CARE -- 20.0% 501 Alkermes, Inc. (D)................................ 8,233 393 Amylin Pharmaceuticals, Inc. (D)(G)............... 16,243 252 AtheroGenics, Inc. (D)(G)......................... 843 411 Auxilium Pharmaceuticals, Inc. (D)(G)............. 6,112 234 Cephalon, Inc. (D)(G)............................. 18,629 208 Charles River Laboratories International, Inc. (D)............................................. 9,837
MARKET SHARES VALUE (W) - --------- ---------- HEALTH CARE -- (CONTINUED) 312 Dade Behring Holdings, Inc. ...................... $ 15,322 378 Digene Corp. (D).................................. 17,331 205 Eisai Co., Ltd. (A)(G)............................ 9,713 658 Elan Corp. plc ADR (D)(G)......................... 9,129 225 Eli Lilly & Co. .................................. 13,322 128 Gilead Sciences, Inc. (D)(G)...................... 10,485 382 Kyphon, Inc. (D)(G)............................... 17,824 244 Luxottica Group S.p.A. (A)(G)..................... 8,483 173 Medicines Co. (D)................................. 3,950 278 Merck & Co., Inc. ................................ 14,311 229 Monsanto Co. ..................................... 13,479 1,125 Schering-Plough Corp. ............................ 35,680 677 Shionogi & Co., Ltd. (A).......................... 13,197 462 St. Jude Medical, Inc. (D)........................ 19,778 369 Teva Pharmaceutical Industries Ltd. ADR........... 14,140 116 Vertex Pharmaceuticals, Inc. (D).................. 3,560 ---------- 279,601 ---------- SERVICES -- 11.5% 1,069 Allied Waste Industries, Inc. (D)(G).............. 14,289 507 DreamWorks Animation SKG, Inc. (D)................ 14,845 323 Equifax, Inc. (D)(G).............................. 12,867 122 Fluor Corp. ...................................... 11,666 515 Focus Media Holding Ltd. ADR (D)(G)............... 19,048 267 KBR, Inc. (D)..................................... 5,520 176 Manpower, Inc. ................................... 14,108 359 MoneyGram International, Inc. .................... 10,215 904 Net Servicos de Comunicacao S.A. (G).............. 13,501 352 TeleTech Holdings, Inc. (D)....................... 13,270 838 Tetra Technologies, Inc. (D)...................... 17,455 372 Waste Management, Inc. ........................... 13,917 ---------- 160,701 ---------- TECHNOLOGY -- 28.1% 1,575 Activision, Inc. (D).............................. 31,496 508 Adobe Systems, Inc. (D)........................... 21,108 308 American Tower Corp. Class A (D).................. 11,719 142 Apple, Inc. (D)................................... 14,162 1,037 Corning, Inc. (D)................................. 24,605 1,166 EMC Corp. (D)..................................... 17,698 360 Garmin Ltd. (G)................................... 20,931 430 General Electric Co. ............................. 15,853 359 Hewlett-Packard Co. .............................. 15,120 276 Hologic, Inc. (D)................................. 15,901 221 Leap Wireless International, Inc. (D)............. 16,869 415 Microsoft Corp. .................................. 12,434 872 Network Appliance, Inc. (D)....................... 32,462 174 NII Holdings, Inc. Class B (D).................... 13,316 520 Nortel Networks Corp. (D)......................... 11,898 471 NVIDIA Corp. (D).................................. 15,491 1,321 O2Micro International Ltd. ADR (D)................ 13,683 1,203 Oracle Corp. (D).................................. 22,616 344 Qualcomm, Inc. ................................... 15,058 337 Red Hat, Inc. (D)(G).............................. 7,126 120 Research In Motion Ltd. (D)....................... 15,829
The accompanying notes are an integral part of these financial statements. 161 THE HARTFORD GROWTH OPPORTUNITIES FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- ---------- COMMON STOCK -- (CONTINUED) TECHNOLOGY -- (CONTINUED) 560 VeriFone Holdings, Inc. (D)(G).................... $ 19,744 271 Verint Systems, Inc. (D).......................... 7,787 ---------- 392,906 ---------- TRANSPORTATION -- 1.4% 244 General Dynamics Corp. ........................... 19,161 ---------- UTILITIES -- 2.3% 424 Suntech Power Holdings Co., Ltd. ADR (D)(G)....... 15,383 196 Veolia Environment S.A. (A)(G).................... 16,216 ---------- 31,599 ---------- Total common stock (cost $1,118,567)............................... $1,344,312 ---------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 18.1% REPURCHASE AGREEMENTS -- 4.5% $ 20,678 Banc of America Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 20,678 7,658 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 7,658 241 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 241 10,262 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 10,262 23,435 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 23,435 ---------- 62,274 ---------- MARKET SHARES VALUE (W) - --------- ---------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 13.6% CASH COLLATERAL REINVESTMENT FUND: 190,415 BNY Institutional Cash Reserve Fund............... $ 190,415 ---------- Total short-term investments (cost $252,689)................................. $ 252,689 ---------- Total investments in securities (cost $1,371,256) (C)........................... $1,597,001 ==========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 17.24% of total net assets at April 30, 2007. (A)The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $47,609, which represents 3.40% of total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $1,373,582 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation........................ $231,010 Unrealized depreciation........................ (7,591) -------- Net unrealized appreciation.................... $223,419 ========
(D)Currently non-income producing. (G)Security is partially on loan at April 30, 2007. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 162 THE HARTFORD HIGH YIELD FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES -- 1.8% FINANCE -- 0.5% $ 6,998 CBA Commercial Small Balance Commercial Mortgage, 9.75%, 01/25/2039 (I)(P)........................ $ 700 920 Soundview NIM Trust, 8.25%, 12/25/2036 (I)........................... 848 -------- 1,548 -------- TRANSPORTATION -- 1.3% 691 American Airlines, Inc., 7.38%, 05/23/2019............................... 685 546 Continental Airlines, Inc., 6.80%, 08/02/2018............................... 544 1,241 Continental Airlines, Inc., 7.37%, 12/15/2015............................... 1,260 1,083 Continental Airlines, Inc., 8.39%, 11/01/2020 #............................. 1,148 -------- 3,637 -------- Total asset & commercial mortgage backed securities (cost $4,940)................................... $ 5,185 -------- CORPORATE BONDS: NON-INVESTMENT GRADE -- 91.3% BASIC MATERIALS -- 14.0% 1,500 Abitibi-Consolidated, Inc., 8.85%, 06/15/2011 (L)........................... $ 1,470 1,645 AK Steel Corp., 7.75%, 06/15/2012............................... 1,698 1,375 Aleris International, Inc., 9.00%, 12/15/2014 (I)........................... 1,459 725 Berry Plastics Holding Co., 9.23%, 09/15/2014 (G)(L)........................ 741 1,340 Bowater, Inc., 8.35%, 03/15/2010 (L)........................... 1,347 700 Bowater, Inc., 9.50%, 10/15/2012............................... 719 1,000 Chaparral Steel Co., 10.00%, 07/15/2013 #............................ 1,119 860 Cooper-Standard Automotive, Inc., 8.38%, 12/15/2014 (G)........................... 787 1,370 Crown Americas, Inc., 7.75%, 11/15/2015 (G)........................... 1,449 660 Crown Cork & Seal Co., Inc., 8.00%, 04/15/2023............................... 663 1,120 Domtar, Inc., 7.13%, 08/15/2015 (G)........................... 1,141 1,850 Freeport-McMoRan Copper & Gold, Inc., 8.25%, 04/01/2015............................... 2,000 1,225 Georgia Gulf Corp., 10.75%, 10/15/2016 (G)(I)....................... 1,219 1,615 Georgia-Pacific Corp., 7.00%, 01/15/2015 (I)........................... 1,623 1,675 Goodyear Tire & Rubber Co., 8.63%, 12/01/2011 (I)........................... 1,809
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- BASIC MATERIALS -- (CONTINUED) $ 1,180 Graham Packaging Co., Inc., 9.88%, 10/15/2014 (G)........................... $ 1,221 1,100 Graphic Packing International, 8.50%, 08/15/2011............................... 1,141 1,100 Huntsman International LLC, 7.88%, 11/15/2014 (I)........................... 1,150 2,500 Lyondell Chemical Co., 8.25%, 09/15/2016............................... 2,675 1,230 MacDermid, Inc., 9.50%, 04/15/2017 (I)........................... 1,276 985 Mobile Services Group, Inc., 9.75%, 08/01/2014 (I)........................... 1,069 500 Norske Skog Canada Ltd., 8.63%, 06/15/2011............................... 507 1,130 Nova Chemicals Corp., 8.50%, 11/15/2013 (G)(L)........................ 1,150 1,250 Owens-Brockway Glass Container, Inc., 8.88%, 02/15/2009 #............................. 1,275 830 Owens-Illinois, Inc., 7.80%, 05/15/2018 (G)........................... 859 1,500 Peabody Energy Corp., 6.88%, 03/15/2013 (G)........................... 1,519 650 Potlatch Corp., 13.00%, 12/01/2009 (L).......................... 742 1,080 RBS Global & Rexnord Corp., 11.75%, 08/01/2016 (G).......................... 1,199 1,330 Rockwood Specialties Group, Inc., 7.50%, 11/15/2014 (G)........................... 1,350 96 Smurfit Kappa Funding plc, 9.63%, 10/01/2012............................... 101 795 Smurfit-Stone Container Enterprises, Inc., 8.00%, 03/15/2017 (I)........................... 791 1,040 Stone Container Finance, 7.38%, 07/15/2014............................... 1,022 1,085 Verso Paper Holdings LLC, 11.38%, 08/01/2016 (I).......................... 1,161 -------- 39,452 -------- CAPITAL GOODS -- 1.6% 545 Blount, Inc., 8.88%, 08/01/2012............................... 572 1,170 Bombardier, Inc., 6.30%, 05/01/2014 (I)........................... 1,129 255 ESCO Corp., 9.23%, 12/15/2013 (I)(L)........................ 264 891 K2, Inc., 7.38%, 07/01/2014............................... 940 176 L-3 Communications Corp., 3.00%, 08/01/2035 (G)........................... 190 1,390 Transdigm, Inc., 7.75%, 07/15/2014 (I)........................... 1,442 -------- 4,537 --------
The accompanying notes are an integral part of these financial statements. 163 THE HARTFORD HIGH YIELD FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- CORPORATE BONDS: NON-INVESTMENT GRADE -- (CONTINUED) CONSUMER CYCLICAL -- 12.4% $ 1,800 Albertson's, Inc., 7.25%, 05/01/2013 (G)........................... $ 1,872 860 Alliance One International, Inc., 8.50%, 05/15/2012 (I)........................... 888 1,775 American Axle & Manufacturing Holdings, Inc., 7.88%, 03/01/2017 (G)........................... 1,779 1,080 Amerigas Partners L.P., 7.25%, 05/20/2015 #............................. 1,099 1,200 Aramark Corp., 8.50%, 02/01/2015 (G)(I)........................ 1,256 675 ArvinMeritor, Inc., 8.75%, 03/01/2012 (G)........................... 699 840 Asbury Automotive Group, 7.63%, 03/15/2017 (I)........................... 844 1,160 Beazer Homes USA, Inc., 8.63%, 05/15/2011 (G)........................... 1,164 995 Buffalo Thunder, 9.38%, 12/15/2014 (I)........................... 1,022 865 Builders FirstSource, Inc., 9.61%, 02/15/2012 (G)(L)........................ 879 1,700 Ford Capital B.V., 9.50%, 06/01/2010............................... 1,709 2,480 General Motors Corp., 7.13%, 07/15/2013 (G)........................... 2,291 700 Group 1 Automotive, Inc., 2.25%, 06/15/2036 (L)........................... 620 850 GSC Holdings Corp., 8.00%, 10/01/2012 (G)........................... 906 365 K. Hovnanian Enterprises, Inc., 6.00%, 01/15/2010............................... 348 875 K. Hovnanian Enterprises, Inc., 6.25%, 01/15/2015............................... 794 1,030 K. Hovnanian Enterprises, Inc., 8.88%, 04/01/2012 (G)........................... 1,009 1,200 KB Home & Broad Home Corp., 6.38%, 08/15/2011............................... 1,179 700 Keystone Automotive Operations, Inc., 9.75%, 11/01/2013............................... 665 1,040 Levi Strauss & Co., 9.75%, 01/15/2015 (G)........................... 1,141 1,665 Michaels Stores, Inc., 11.38%, 11/01/2016 (G)(I)....................... 1,832 1,510 Neiman Marcus Group, Inc., 10.38%, 10/15/2015 (G).......................... 1,697 1,355 NPC International, Inc., 9.50%, 05/01/2014 (G)........................... 1,423 1,595 Phillips Van-Heusen Corp., 7.75%, 11/15/2023............................... 1,691 1,625 SGS International, Inc., 12.00%, 12/15/2013.............................. 1,755 1,090 Stater Brothers Holdings, Inc., 8.13%, 06/15/2012............................... 1,123
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- CONSUMER CYCLICAL -- (CONTINUED) $ 700 Supervalu, Inc., 7.50%, 11/15/2014............................... $ 732 2,550 Tenneco, Inc., 8.63%, 11/15/2014 (G)........................... 2,709 -------- 35,126 -------- CONSUMER STAPLES -- 1.9% 1,090 Appleton Papers, Inc., 9.75%, 06/15/2014 (G)........................... 1,130 725 Constellation Brands, Inc., 7.25%, 09/01/2016............................... 738 840 Del Laboratories, Inc., 10.36%, 11/01/2011 (L).......................... 870 1,085 Dole Food Co., Inc., 8.63%, 05/01/2009 (G)........................... 1,101 1,540 Nutro Products, Inc., 10.75%, 04/15/2014 (G)(I)....................... 1,632 -------- 5,471 -------- ENERGY -- 4.5% 320 Amerigas Partners L.P., 7.13%, 05/20/2016............................... 324 596 Chesapeake Energy Corp., + 2.75%, 11/15/2035............................... 649 750 Chesapeake Energy Corp., 7.63%, 07/15/2013............................... 795 750 Cie Gen Geophysique, 7.75%, 05/15/2017............................... 793 850 Cimarex Energy Co., 7.13%, 05/01/2017 (Q)........................... 859 1,000 Comstock Resources, Inc., 6.88%, 03/01/2012............................... 978 1,120 Ferrell Gas Partners L.P., 8.75%, 06/15/2012 #............................. 1,165 1,190 Inergy L.P., 8.25%, 03/01/2016............................... 1,261 614 Magnum Hunter Resources, Inc., 9.60%, 03/15/2012............................... 643 1,400 OPTI Canada, Inc., 8.25%, 12/15/2014 (I)........................... 1,481 1,000 Petrohawk Energy Corp., 9.13%, 07/15/2013............................... 1,071 1,500 Pogo Producing Co., 7.88%, 05/01/2013 (G)........................... 1,519 1,050 Range Resources Corp., 7.50%, 05/15/2016............................... 1,089 -------- 12,627 -------- FINANCE -- 12.3% 1,800 American Real Estate Partners L.P., 7.13%, 02/15/2013 (G)........................... 1,773 1,420 Atlantic Broadband Finance LLC, 9.38%, 01/15/2014 #............................. 1,464 1,150 Avis Budget Car Rental LLC, 7.75%, 05/15/2016 (G)(I)........................ 1,176 1,100 E*Trade Financial Corp., 8.00%, 06/15/2011............................... 1,156
The accompanying notes are an integral part of these financial statements. 164 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT (B) VALUE (W) - ---------- --------- CORPORATE BONDS: NON-INVESTMENT GRADE -- (CONTINUED) FINANCE -- (CONTINUED) $ 1,375 El Paso Performance-Linked Trust, 7.75%, 07/15/2011 (G)(I)........................ $ 1,464 675 Felcor Lodging L.P., 8.50%, 06/01/2011............................... 724 1,440 Ford Motor Credit Co., 6.93%, 01/15/2010 (L)#.......................... 1,407 1,100 Ford Motor Credit Co., 7.38%, 02/01/2011 (G)........................... 1,088 1,685 General Motors Acceptance Corp., 6.88%, 09/15/2011............................... 1,691 3,050 General Motors Acceptance Corp., 6.88%, 08/28/2012............................... 3,048 1,300 General Motors Acceptance Corp., 8.00%, 11/01/2031............................... 1,395 1,565 Hertz Corp., 10.50%, 01/01/2016 (G).......................... 1,784 1,190 Host Marriott L.P., 6.75%, 06/01/2016............................... 1,209 1,125 Kar Holdings, Inc., 9.36%, 05/01/2014 (I)(L)........................ 1,150 865 LPL Holdings, Inc., 10.75%, 12/15/2015 (I).......................... 939 1,320 Multiplan Corp., 10.38%, 04/15/2016 (I).......................... 1,409 725 Nell Af Sarl, 8.38%, 08/15/2015 (I)........................... 754 EUR 600 Nell Af Sarl, 8.38%, 08/15/2015 (I)........................... 887 850 PetroPlus Finance, 7.00%, 05/01/2017 (I)........................... 857 1,355 Pinnacle Foods, 10.63%, 04/01/2017 (G)(I)....................... 1,358 1,250 Rainbow National Services LLC, 10.38%, 09/01/2014 (I).......................... 1,408 1,480 Realogy Corp., 10.50%, 04/15/2014 (G)(I)....................... 1,482 570 Snowqualmie Entertainment Authority, 9.15%, 02/01/2014 (I)(L)........................ 582 725 United Rentals North America, Inc., 7.75%, 11/15/2013 (G)........................... 754 1,140 Universal City Florida, 10.11%, 05/01/2010 (L).......................... 1,170 1,295 Universal Hospital Services, 10.13%, 11/01/2011.............................. 1,387 1,215 Yankee Acquisition Corp, 9.75%, 02/15/2017 (G)(I)........................ 1,251 -------- 34,767 -------- HEALTH CARE -- 4.9% 1,470 CDRV Investors, Inc., 9.86%, 12/01/2011 (I)(L)........................ 1,477 1,095 General Nutrition Centers, Inc., 9.79%, 03/15/2014 (I)(L)........................ 1,072 1,335 HCA, Inc., 7.88%, 02/01/2011 #............................. 1,373
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- HEALTH CARE -- (CONTINUED) $ 2,801 HCA, Inc., 9.25%, 11/15/2016 (I)#.......................... $ 3,053 1,300 IASIS Healthcare Capital Corp., 8.75%, 06/15/2014 (G)........................... 1,347 1,390 Invacare Corp., 9.75%, 02/15/2015 (I)........................... 1,414 1,370 National Mentor Holdings, Inc., 11.25%, 07/01/2014.............................. 1,507 1,230 PTS Acquisition Corp., 9.50%, 04/15/2015 (I)........................... 1,258 1,450 Tenet Healthcare Corp., 6.50%, 06/01/2012 (G)........................... 1,345 -------- 13,846 -------- SERVICES -- 16.9% 1,415 Affinion Group, Inc., 11.50%, 10/15/2015.............................. 1,557 2,050 Allied Waste North America, Inc., 6.88%, 06/01/2017............................... 2,078 1,000 AMC Entertainment, Inc., 11.00%, 02/01/2016 (G).......................... 1,148 540 Cablevision Systems Corp., 8.00%, 04/15/2012............................... 554 1,230 Clarke American Corp., 9.50%, 05/15/2015 (I)........................... 1,241 2,310 Clarke American Corp., 11.75%, 12/15/2013.............................. 2,802 490 Coleman Cable, Inc., 9.88%, 10/01/2012 (I)........................... 513 1,295 Compucom Systems, Inc., 12.00%, 11/01/2014 (I)#......................... 1,399 2,150 CSC Holdings, Inc., 7.63%, 04/01/2011............................... 2,217 2,445 Dex Media West LLC, Inc., 8.00%, 11/15/2013 (G)........................... 2,561 1,800 Dex Media West LLC, Inc., 9.88%, 08/15/2013 #............................. 1,960 1,375 DirecTV Holdings LLC, 6.38%, 06/15/2015............................... 1,323 1,120 Education Management LLC, 10.25%, 06/01/2016 (G).......................... 1,224 1,785 Harrah's Operating Co., Inc., 5.63%, 06/01/2015............................... 1,535 795 ISA Capital De Brasil S.A., 8.80%, 01/30/2017 (G)(I)........................ 857 1,535 Knowledge Learning Center, Inc., 7.75%, 02/01/2015 (I)........................... 1,535 1,215 Liberty Media Corp., 8.25%, 02/01/2030 (G)........................... 1,218 1,480 MGM Mirage, Inc., 6.75%, 09/01/2012............................... 1,482 760 MGM Mirage, Inc., 6.75%, 04/01/2013 (G)........................... 753 750 MTR Gaming Group, Inc., 9.00%, 06/01/2012............................... 788
The accompanying notes are an integral part of these financial statements. 165 THE HARTFORD HIGH YIELD FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- CORPORATE BONDS: NON-INVESTMENT GRADE -- (CONTINUED) SERVICES -- (CONTINUED) $ 585 NCO Group, Inc., 11.88%, 11/15/2014 (I).......................... $ 603 670 NSG Holdings LLC, 7.75%, 12/15/2025 (I)........................... 705 1,245 Open Solutions, Inc., 9.75%, 02/01/2015 (I)........................... 1,285 1,030 Pokagon Gaming Authority, 10.38%, 06/15/2014 (I).......................... 1,154 1,100 Quebecor World Capital Corp., 6.13%, 11/15/2013............................... 1,035 945 Quebecor World Capital Corp., 8.75%, 03/15/2016 (G)(I)........................ 966 880 Quebecor World, Inc., 9.75%, 01/15/2015 (I)........................... 928 1,425 Reader's Digest Association, Inc., 9.00%, 02/15/2017 (G)(I)........................ 1,397 1,480 Sheridan Group, Inc., 10.25%, 08/15/2011.............................. 1,541 1,350 Sirius Satellite Radio, Inc., 9.63%, 08/01/2013 (G)........................... 1,350 1,300 Station Casinos, Inc., 7.75%, 08/15/2016 (G)........................... 1,352 2,345 SunGard Data Systems, Inc., 10.25%, 08/15/2015 (G).......................... 2,580 1,230 Umbrella Acquisition, 9.75%, 03/15/2015 (G)(I)........................ 1,235 1,420 Unisys Corp., 7.88%, 04/01/2008............................... 1,427 1,300 West Corp., 9.50%, 10/15/2014 (I)........................... 1,375 -------- 47,678 -------- TECHNOLOGY -- 17.4% 1,120 Advanced Micro Devices, Inc., 7.75%, 11/01/2012 (G)........................... 1,100 716 Amkor Technology, Inc., 10.50%, 05/01/2009 (G).......................... 716 1,135 Belden CDT, Inc., 7.00%, 03/15/2017 (I)........................... 1,161 1,325 Broadview Networks Holdings, Inc., 11.38%, 09/01/2012 (I).......................... 1,418 1,400 CCH I Holdings LLC, 10.00%, 05/15/2014 (G).......................... 1,306 2,385 Charter Communications Operating LLC, 8.00%, 04/30/2012 (I)#.......................... 2,498 1,370 Citizens Communications Co., 7.88%, 01/15/2027 (I)........................... 1,425 1,375 Dobson Cellular Systems, 8.38%, 11/01/2011............................... 1,466 1,235 Flextronics International Ltd., 6.50%, 05/15/2013............................... 1,224 2,600 Freescale Semiconductor, Inc., 10.13%, 12/15/2016 (G)(I)....................... 2,626 1,015 General Cable Corp., 7.72%, 04/01/2015 (I)(L)........................ 1,025
PRINCIPAL Market AMOUNT (B) Value (W) - ---------- --------- TECHNOLOGY -- (CONTINUED) $ 1,375 Idearc, Inc., 8.00%, 11/15/2016 (I)........................... $ 1,433 1,275 Inmarsat Finance plc, 7.63%, 06/30/2012 #............................. 1,332 2,500 Intelsat Bermuda Ltd., 11.25%, 06/15/2016.............................. 2,853 850 IPCS, Inc., 7.48%, 05/01/2013 (I)(L)........................ 854 1,600 Itron, Inc., 7.75%, 05/15/2012............................... 1,640 1,425 Jarden Corp., 7.50%, 05/01/2017............................... 1,459 1,375 Leap Wireless International, Inc., 9.38%, 11/01/2014 (I)........................... 1,468 700 Level 3 Financing, Inc., 9.25%, 11/01/2014 (I)........................... 727 2,405 Level 3 Financing, Inc., 12.25%, 03/15/2013.............................. 2,811 1,500 MagnaChip Semiconductor, 6.88%, 12/15/2011 (G)........................... 1,260 1,425 Mediacom LLC, 9.50%, 01/15/2013 (G)........................... 1,471 1,470 MetroPCS Wireless, Inc., 9.25%, 11/01/2014 (I)........................... 1,569 1,390 Momentive Performance, 9.75%, 12/01/2014 (I)........................... 1,470 2,500 Nortel Networks Ltd., 10.75%, 07/15/2016 (I).......................... 2,813 1,360 NXP B.V./NXP Funding LLC, 8.11%, 10/15/2013 (I)(L)........................ 1,404 2,735 Qwest Communications International, Inc., 7.50%, 02/15/2014 (G)........................... 2,824 1,375 Rural Cellular Corp., 8.25%, 03/15/2012 (G)........................... 1,451 1,210 STATS ChipPAC Ltd., 7.50%, 07/19/2010 (G)........................... 1,264 EUR 680 Wind Acquisition, 9.75%, 12/01/2015 (I)........................... 1,072 1,925 Windstream Corp., 8.63%, 08/01/2016............................... 2,113 -------- 49,253 -------- TRANSPORTATION -- 0.3% 945 PHI, Inc., 7.13%, 04/15/2013............................... 924 -------- UTILITIES -- 5.1% 2,000 Chivor S.S. E.S.P., 9.75%, 12/30/2014 (K)........................... 2,265 820 Copano Energy LLC, 8.13%, 03/01/2016............................... 855 669 Elwood Energy LLC, 8.16%, 07/05/2026............................... 708 1,075 Markwest Energy Partners L.P., 8.50%, 07/15/2016............................... 1,129 1,250 Mirant Americas Generation LLC, 8.30%, 05/01/2011 (G)........................... 1,322
The accompanying notes are an integral part of these financial statements. 166 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- CORPORATE BONDS: NON-INVESTMENT GRADE -- (CONTINUED) UTILITIES -- (CONTINUED) $ 1,110 NGC Corp., 7.13%, 05/15/2018 (G)........................... $ 1,074 880 NRG Energy, Inc., 7.25%, 02/01/2014............................... 911 1,170 NRG Energy, Inc., 7.38%, 02/01/2016............................... 1,215 1,120 PSEG Energy Holdings LLC, 8.50%, 06/15/2011............................... 1,212 1,100 Regency Energy Partners, 8.38%, 12/15/2013 (I)........................... 1,133 1,225 Reliant Energy, Inc., 6.75%, 12/15/2014............................... 1,283 1,160 Williams Partners L.P., 7.25%, 02/01/2017 (I)........................... 1,227 -------- 14,334 -------- Total corporate bonds: non-investment grade (cost $251,217)................................. $258,015 -------- SENIOR FLOATING RATE INTERESTS NON-INVESTMENT GRADE (V) -- 5.1% CONSUMER CYCLICAL -- 1.6% 3,477 Ford Motor Co., 8.36%, 12/15/2013 (N)........................... 3,497 1,254 Keystone Automotive Industries, Inc., 8.80%, 01/12/2012 (N)........................... 1,251 -------- 4,748 -------- FINANCE -- 0.6% 500 HMSC Corp., 10.86%, 04/03/2014 (N)(Q)....................... 509 1,100 Rental Service Corp., 8.86%, 11/21/2013 (N)........................... 1,120 -------- 1,629 -------- HEALTH CARE -- 0.8% 1,400 Community Health Systems, Inc., 9.36%, 10/24/2014 (AA)(Q)....................... 1,393 840 IASIS Healthcare Capital Corp., 10.61%, 06/15/2014 (AA)(Q)...................... 834 -------- 2,227 -------- SERVICES -- 1.4% 1,400 Clarke American Corp., 10.36%, 02/28/2017 (AA)(Q)...................... 1,391 1,500 Harrah's Entertainment, Inc., 6.86%, 03/05/2008 (AA)(Q)....................... 1,496 1,000 RHI Entertainment LLC, 9.36%, 03/31/2014 (N)........................... 978 -------- 3,865 --------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- TECHNOLOGY -- 0.7% $ 493 Infor Lux Bond Co., 8.00%, 07/28/2014 (N)........................... $ 500 1,399 Wind Acquisitions Holdings Finance S.A., 12.61%, 12/12/2011 (N).......................... 1,419 -------- 1,919 -------- Total senior floating rate interests non-investment grade (cost $14,366).................................. $ 14,388 -------- SHARES - --------- COMMON STOCK -- 0.0% BASIC MATERIALS -- 0.0% -- Pliant Corp. (D)(H)............................... $ -- -------- CONSUMER CYCLICAL -- 0.0% 1 Hosiery Corp. of America, Inc. Class A (A)(D)(H).. -- -------- TECHNOLOGY -- 0.0% -- XO Holdings, Inc. (D)(H)(G)....................... -- -------- Total common stock (cost $21)...................................... $ -- -------- PREFERRED STOCK -- 0.1% FINANCE -- 0.1% 6 United Rentals Trust I +.......................... $ 304 -------- Total preferred stock (cost $307)..................................... $ 304 -------- WARRANTS -- 0.0% TECHNOLOGY -- 0.0% -- XO Holdings, Inc. (H)............................. $ -- -------- Total warrants (cost $--)...................................... $ -- -------- Total long-term investments (cost $270,851)................................. $277,892 -------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 22.6% FINANCE -- 0.0% $ 127 American General Finance, 5.32%, 05/01/2007............................... $ 127 -------- 2 State Street Bank Money Market Fund............... 2 -------- 129 --------
The accompanying notes are an integral part of these financial statements. 167 THE HARTFORD HIGH YIELD FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- SHORT-TERM INVESTMENTS -- (CONTINUED) REPURCHASE AGREEMENTS -- 1.2% $ 979 BNP Paribas Securities Corp. Repurchase Agreement, 5.10%, 05/01/2007............................... $ 979 1,161 RBS Greenwich Capital Markets Repurchase Agreement, 5.10%, 05/01/2007............................... 1,161 1,175 UBS Securities, Inc. Repurchase Agreement, 5.10%, 05/01/2007............................... 1,175 -------- 3,315 -------- SHARES - --------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 21.3% CASH COLLATERAL REINVESTMENT FUND: 60,074 Navigator Prime Portfolio......................... 60,074 -------- PRINCIPAL AMOUNT - --------- U.S. TREASURY SECURITIES -- 0.1% $ 200 U.S. Treasury Bill, 5.06%, 06/14/2007 (M)(S)........................ 199 -------- Total short-term investments (cost $63,717).................................. $ 63,717 -------- Total investments in securities (cost $334,568) (C)............................. $341,609 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 9.44% of total net assets at April 30, 2007. (A) The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007 rounds to zero. (B) All principal amounts are in U.S. dollars unless otherwise indicated. EUR -- EURO
(C) At April 30, 2007, the cost of securities for federal income tax purposes was $334,975 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation.......................... $7,433 Unrealized depreciation.......................... (799) ------ Net unrealized appreciation...................... $6,634 ======
(D) Currently non-income producing. (G) Security is partially on loan at April 30, 2007. # This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future. (H) The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.
PERIOD COST ACQUIRED SHARES/PAR SECURITY BASIS -------- ---------- -------- ----- 10/1994 1 Hosiery Corp. of America, Inc. Class A - 144A $21 11/2006 -- Pliant Corp. -- 05/2006 -- XO Holdings, Inc. -- 05/2006 -- XO Holdings, Inc. Warrants --
The aggregate value of these securities at April 30, 2007 rounds to zero. (I) Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at April 30, 2007, was $88,402, which represents 31.29% of total net assets. (K) Securities contain some restrictions as to public resale. These securities comply with Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, and are determined to be liquid. At April 30, 2007, the market value of these securities amounted to $2,265 or 0.80% of total net assets. (L) Variable rate securities; the rate reported is the coupon rate in effect at April 30, 2007. (M) The interest rate disclosed for these securities represents the effective yield on the date of acquisition. (N) The interest rate disclosed for these securities represents the effective yield as of April 30, 2007. (P) The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at April 30, 2007. (AA) The interest rate disclosed for these securities represents an estimated yield as of April 30, 2007. (Q) The cost of securities purchased on a when-issued or delayed delivery basis at April 30, 2007 was $6,103. (S) Security pledged as initial margin deposit for open futures contracts at April 30, 2007. FUTURES CONTRACTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED NUMBER OF APPRECIATION DESCRIPTION CONTRACTS* POSITION EXPIRATION (DEPRECIATION) ----------- ---------- -------- ---------- -------------- 5 Year U.S. Treasury Note 208 Long June 2007 $56 ===
* The number of contracts does not omit 000's. (V) Senior loans in which the Fund invests generally pay interest rates which are periodically adjusted by reference to a base short-term, floating lending rate plus a premium. These base lending rates are The accompanying notes are an integral part of these financial statements. 168 - -------------------------------------------------------------------------------- generally (i) the lending rate offered by one or more major European banks, such as the London Inter-Bank Offered Rate (LIBOR), (ii) the prime rate offered by one or more major United States Banks, or (iii) the bank's certificate of deposit rate. Senior floating rate interests often require prepayments from excess cash flows or permit the borrower to repay at its election. The rate at which the borrower repays cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. The interest rate indicated is the rate in effect at April 30, 2007. + Convertible debt security. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. FORWARD FOREIGN CURRENCY CONTRACTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED MARKET CONTRACT DELIVERY APPRECIATION DESCRIPTION TRANSACTION VALUE AMOUNT DATE (DEPRECIATION) - ----------- ----------- ------ -------- ---------- -------------- Euro Sell $1,605 $1,530 05/02/2007 $(75) Euro Sell 1,609 1,609 07/09/2007 -- ---- $(75) ====
The accompanying notes are an integral part of these financial statements. 169 THE HARTFORD INCOME ALLOCATION FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- AFFILIATED INVESTMENT COMPANIES -- 99.3% FIXED INCOME FUNDS -- 90.6% 373 Hartford Floating Rate Fund, Class Y.............. $ 3,778 426 Hartford High Yield Fund, Class Y................. 3,502 770 Hartford Income Fund, Class Y..................... 8,001 902 Hartford Inflation Plus Fund, Class Y............. 9,525 1,038 Hartford Short Duration Fund, Class Y............. 10,266 669 Hartford Total Return Bond Fund, Class Y.......... 7,206 ------- Total fixed income funds (cost $42,004).................................. $42,278 ------- MONEY MARKET FUND -- 8.7% 4,038 Hartford Money Market Fund, Class Y............... $ 4,038 ------- Total money market fund (cost $4,036)................................... $ 4,038 ------- Total investments in affiliated investment companies (cost $46,040) (C).............................. $46,316 =======
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $46,447 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation........................... $ 282 Unrealized depreciation........................... (413) ----- Net unrealized depreciation....................... $(131) =====
(W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 170 THE HARTFORD INCOME FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES -- 7.0% FINANCE -- 6.9% $ 137 AmeriCredit Automobile Receivables Trust, 5.20%, 03/06/2011............................... $ 137 3,711 Banc of America Commercial Mortgage, Inc., 4.08%, 12/10/2042 (P)#.......................... 66 2,915 Banc of America Commercial Mortgage, Inc., 5.50%, 11/10/2039 (I)(P)#....................... 75 24,944 Banc of America Commercial Mortgage, Inc., 5.50%, 07/10/2043 (I)(P)#....................... 260 7,992 Banc of America Commercial Mortgage, Inc., 5.75%, 06/10/2039 (I)(P)#....................... 70 200 Bayview Commercial Asset Trust, 5.69%, 04/25/2036 (I)(L)#....................... 200 250 Bayview Financial Acquisition Trust, 5.82%, 02/28/2040 (I)(L)#....................... 251 3,104 Bear Stearns Commercial Mortgage Securities, Inc., 5.50%, 02/11/2041 (I)(P)#....................... 53 50 Capital Auto Receivables Asset Trust, 5.77%, 05/20/2010 (I)........................... 50 230 Capital One Auto Finance Trust, 4.32%, 05/15/2010 #............................. 228 1,246 CBA Commercial Small Balance Commercial Mortgage, 7.00%, 07/25/2035 (I)(P)#....................... 58 964 CBA Commercial Small Balance Commercial Mortgage, 7.00%, 06/25/2038 (I)(P)#....................... 64 7,382 CBA Commercial Small Balance Commercial Mortgage, 9.75%, 01/25/2039 (I)(P)#....................... 738 2,266 Citigroup Commercial Mortgage Trust, 4.10%, 10/15/2041 (I)(P)#....................... 74 200 Citigroup Mortgage Loan Trust, Inc., 7.82%, 01/25/2037 (I)(L)#....................... 168 6,143 Commercial Mortgage Pass-Through Certificates, 5.50%, 03/10/2039 (I)(P)#....................... 131 49 Countrywide Asset-Backed Certificates, 5.46%, 07/25/2035............................... 49 2,675 CS First Boston Mortgage Securities Corp., 4.15%, 11/15/2037 (I)(P)#....................... 73 200 CS First Boston Mortgage Securities Corp., 7.27%, 11/15/2019 (H)(L)........................ 187 200 DaimlerChrysler Auto Trust, 5.14%, 09/08/2012 #............................. 200 95 Equity One ABS, Inc., 5.46%, 12/25/2033............................... 94 50 Equity One ABS, Inc., 7.82%, 07/25/2034 (L)........................... 50 430 First Union-Lehman Brothers-Bank of America Commercial Mortgage Trust, 6.56%, 11/18/2035............................... 432 13,280 GE Business Loan Trust, 6.14%, 05/15/2034 (I)(P)#....................... 129
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- FINANCE -- (CONTINUED) $ 1,000 GE Capital Commercial Mortgage Corp., 5.34%, 03/10/2044 (L)#.......................... $ 994 55,194 GE Capital Commercial Mortgage Corp., 6.35%, 11/10/2045 (I)(P)#....................... 112 200 GMAC Commercial Mortgage Securities, Inc., 5.30%, 08/10/2038 #............................. 200 270 GMAC Mortgage Corp. Loan Trust, 5.75%, 10/25/2036 #............................. 270 36 Green Tree Financial Corp., 6.48%, 12/01/2030............................... 36 14 Green Tree Financial Corp., 7.30%, 01/15/2026 #............................. 14 13 Green Tree Financial Corp., 7.35%, 05/15/2027............................... 14 49 Home Equity Asset Trust, 4.75%, 06/27/2035 (H)........................... 34 725 Home Equity Asset Trust, 6.27%, 07/25/2037 (L)........................... 726 75 JP Morgan Auto Receivable Trust, 12.85%, 03/15/2012 (A)(P)....................... 75 4,081 JP Morgan Chase Commercial Mortgage Security Corp., 4.07%, 01/15/2042 (P)#.......................... 60 502 JP Morgan Chase Commercial Mortgage Security Corp., 5.47%, 04/15/2043 (L)#.......................... 506 2,313 JP Morgan Chase Commercial Mortgage Security Corp., 5.50%, 01/15/2038 (I)(P)#....................... 64 250 JP Morgan Chase Commercial Mortgage Security Corp., 5.54%, 12/12/2044 (L)#.......................... 249 17,556 JP Morgan Chase Commercial Mortgage Security Corp., 6.00%, 09/12/2037 (I)(P)........................ 196 190 JP Morgan Chase Commercial Mortgage Security Corp., 6.16%, 05/12/2034............................... 197 550 LB-UBS Commercial Mortgage Trust, 5.22%, 02/15/2031 (L)#.......................... 543 25,842 LB-UBS Commercial Mortgage Trust, 5.26%, 06/15/2036 (I)(P)#....................... 142 250 LB-UBS Commercial Mortgage Trust, 5.45%, 11/15/2038 (L)#.......................... 247 650 LB-UBS Commercial Mortgage Trust, 5.48%, 11/15/2038 (L)........................... 644 200 Lehman Brothers Commercial Mortgage Trust, 6.12%, 07/15/2018 (I)(L)#....................... 198 120 Lehman Brothers Small Balance Commercial, 5.62%, 09/25/2036 (I)........................... 119 250 LNR CDO Ltd., 6.17%, 05/28/2043 (I)(L)........................ 238 46 Long Beach Asset Holdings Corp., 5.78%, 04/25/2046 (I)........................... 46 1,000 Marathon Real Estate CDO Ltd., 6.72%, 05/25/2046 (I)(L)........................ 973
The accompanying notes are an integral part of these financial statements. 171 THE HARTFORD INCOME FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES -- (CONTINUED) FINANCE -- (CONTINUED) $ 350 Marlin Leasing Receivables LLC, 4.63%, 11/17/2008 (I)........................... $ 349 440 Marlin Leasing Receivables LLC, 5.33%, 09/16/2013 (I)#.......................... 441 2,000 Morgan Stanley Capital I, 5.15%, 08/13/2042 (L)........................... 1,952 16,282 Morgan Stanley Capital I, 6.00%, 06/12/2047 (I)(P)#....................... 202 458 Nationstar Home Equity Loan Trust, 9.97%, 03/25/2037 (I)(L)........................ 458 725 Option One Mortgage Loan Trust Class M6, 6.99%, 03/25/2037............................... 722 500 Option One Mortgage Loan Trust Class M7, 6.99%, 03/25/2037............................... 439 475 Option One Mortgage Loan Trust Class M8, 6.99%, 03/25/2037............................... 375 70 PSE&G Transition Funding LLC, 6.61%, 06/15/2015 #............................. 75 80 Renaissance Home Equity Loan Trust, 5.75%, 05/25/2036 (L)........................... 80 200 Renaissance Home Equity Loan Trust, 6.16%, 05/25/2036............................... 201 260 Renaissance Home Equity Loan Trust, 7.50%, 04/25/2037............................... 233 250 Wachovia Auto Loan Owner Trust, 5.15%, 07/20/2012 (I)........................... 251 260 Wachovia Auto Loan Owner Trust, 5.29%, 06/20/2012 (I)........................... 262 6,914 Wachovia Bank Commercial Mortgage Trust, 5.50%, 02/15/2041 (I)(P)#....................... 161 -------- 16,935 -------- TRANSPORTATION -- 0.1% 82 Continental Airlines, Inc., 6.80%, 08/02/2018............................... 82 100 Continental Airlines, Inc., 7.49%, 10/02/2010............................... 106 -------- 188 -------- UTILITIES -- 0.0% 75 Detroit Edison Securitizaton, 6.19%, 03/01/2013 #............................. 77 -------- Total asset & commercial mortgage backed securities (cost $17,237).................................. $ 17,200 -------- CORPORATE BONDS: INVESTMENT GRADE -- 18.3% CAPITAL GOODS -- 0.1% 200 Hutchison Whampoa International Ltd., 6.25%, 01/24/2014 (I)#.......................... $ 209 -------- CONSUMER CYCLICAL -- 0.3% 765 Home Depot, Inc., 5.25%, 12/16/2013 #............................. 760 --------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- CONSUMER STAPLES -- 0.2% $ 420 Anheuser-Busch Cos., Inc., 5.75%, 01/15/2011 #............................. $ 418 -------- ENERGY -- 0.3% 490 Anadarko Petroleum Corp., 6.45%, 09/15/2036 #............................. 491 255 TNK-BP Finance S.A., 7.50%, 07/18/2016 (I)#.......................... 270 -------- 761 -------- FINANCE -- 15.0% 125 Ace INA Holdings, Inc., 5.88%, 06/15/2014 #............................. 128 245 Aetna, Inc., 5.75%, 06/15/2011 #............................. 250 880 Aetna, Inc., 6.63%, 06/15/2036............................... 942 144 AMBAC Financial Group, Inc., 6.15%, 02/15/2037............................... 138 150 Arden Realty L.P., 5.20%, 09/01/2011............................... 151 4,788 Axa S.A., 6.46%, 12/14/2049 (I)(L)(G)..................... 4,730 1,049 Capital One Capital IV, 6.75%, 02/17/2037 #............................. 1,023 865 CIT Group, Inc., 6.10%, 03/15/2067 (L)(G)........................ 833 1,827 Comerica Capital Trust II, 6.58%, 02/20/2037 (L)#.......................... 1,805 90 Deutsche Bank Capital Funding Trust, 5.63%, 01/19/2016 (I)#.......................... 89 450 ERAC USA Finance Co., 5.90%, 11/15/2015 (I)#.......................... 451 985 Fifth Third Capital Trust IV, 6.50%, 04/15/2037 (L)........................... 992 1,193 Financial Security Assurance Holdings, 6.40%, 12/15/2066 (I)(L)#....................... 1,180 963 Genworth Financial, Inc., 6.15%, 11/15/2066 #............................. 953 125 Goldman Sachs Group, Inc., 5.15%, 01/15/2014 #............................. 123 500 Goldman Sachs Group, Inc., 5.95%, 01/15/2027 #............................. 494 725 Goldman Sachs Group, Inc., 6.45%, 05/01/2036 #............................. 752 500 HBOS plc, 5.92%, 07/29/2049 (I)#.......................... 492 250 HSBK Europe B.V., 7.25%, 05/03/2017 (I)........................... 250 4,410 ILFC E-Capital Trust II, 6.25%, 12/21/2065 (I)(L)(G)..................... 4,519 4,540 JP Morgan Chase Capital XX, 6.55%, 09/29/2036 #............................. 4,639 200 Kazkommerts International B.V., 8.00%, 11/03/2015 (I)........................... 202 200 Kuzneski Capital S.A., 7.50%, 11/25/2015 (L)........................... 206
The accompanying notes are an integral part of these financial statements. 172 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- CORPORATE BONDS: INVESTMENT GRADE -- (CONTINUED) FINANCE -- (CONTINUED) $ 4,696 Metlife, Inc., 6.40%, 12/15/2036 #............................. $ 4,687 500 Mizuho Capital Investment Ltd., 6.69%, 06/30/2016 (I)(G)........................ 514 200 Mizuho Financial Group, Inc., 5.79%, 04/15/2014 (I)........................... 204 500 Morgan Stanley, 5.55%, 04/27/2017............................... 499 100 Natexis AMBS Co. LLC, 8.44%, 12/29/2049 (I)........................... 103 150 Northern Rock plc, 5.60%, 04/30/2049 (I)#.......................... 146 500 PNC Preferred Funding Trust II, 6.11%, 03/15/2049 (I)(L)........................ 500 510 Regions Financing Trust II, 6.63%, 05/15/2047............................... 509 100 RSHB Capital, 7.18%, 05/16/2013 (I)........................... 106 200 Sagicor Financial Ltd., 7.50%, 05/12/2016 (I)........................... 205 75 Shurgard Storage Centers, Inc., 5.88%, 03/15/2013 #............................. 77 658 SMFG Preferred Capital, 6.08%, 12/01/2049 (I)(L)........................ 660 735 State Street Capital Trust IV, 6.36%, 06/15/2037 (L)........................... 738 100 Sumitomo Mitsui Banking, 5.63%, 12/29/2049 (I)........................... 99 1,160 Suntrust Capital VIII, 6.10%, 12/15/2036 #............................. 1,103 100 Suntrust Preferred Capital, 5.85%, 12/29/2049 (L)........................... 102 100 TuranAlem Finance B.V., 8.50%, 02/10/2015 (K)........................... 101 725 U.S. Bank Realty Corp., 6.09%, 12/22/2049 (I)(L)........................ 732 100 UFJ Finance Aruba AEC, 6.75%, 07/15/2013............................... 108 170 VTB Capital, 7.50%, 10/12/2011 (K)........................... 182 100 Westpac Capital Trust IV, 5.26%, 12/29/2049 (I)........................... 96 -------- 36,813 -------- HEALTH CARE -- 0.2% 465 Wyeth, 5.95%, 04/01/2037............................... 465 --------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- SERVICES -- 0.5% $ 175 Belo Corp., 7.25%, 09/15/2027............................... $ 176 410 Time Warner Entertainment Co. L.P., 8.38%, 07/15/2033 #............................. 500 500 Viacom, Inc., 6.88%, 04/30/2036............................... 506 -------- 1,182 -------- TECHNOLOGY -- 1.2% 210 Cingular Wireless Services, Inc., 8.13%, 05/01/2012 #............................. 236 100 Comcast Cable Communications, Inc., 6.75%, 01/30/2011............................... 105 850 Deutsche Telekom International Finance B.V., 5.25%, 07/22/2013 #............................. 842 150 France Telecom S.A., 7.75%, 03/01/2011 (L)........................... 163 150 Motorola, Inc., 8.00%, 11/01/2011............................... 165 230 Telecom Italia Capital, 7.20%, 07/18/2036 #............................. 246 1,166 Vodafone Group plc, 6.15%, 02/27/2037 #............................. 1,150 -------- 2,907 -------- TRANSPORTATION -- 0.1% 125 American Airlines, Inc., 7.86%, 10/01/2011 #............................. 135 110 Carnival Corp., 6.65%, 01/15/2028 #............................. 117 100 Continental Airlines, Inc., 6.56%, 02/15/2012 #............................. 105 -------- 357 -------- UTILITIES -- 0.4% 230 Kinder Morgan Energy Partners L.P., 6.50%, 02/01/2037............................... 232 100 Tennessee Gas Pipeline Co., 8.38%, 06/15/2032............................... 125 400 TransAlta Corp., 5.75%, 12/15/2013 #............................. 398 -------- 755 -------- Total corporate bonds: investment grade (cost $44,793).................................. $ 44,627 -------- CORPORATE BONDS: NON-INVESTMENT GRADE -- 18.3% BASIC MATERIALS -- 1.8% 375 Abitibi-Consolidated, Inc., 8.85%, 06/15/2011 (L)#.......................... $ 368 225 Bowater, Inc., 8.35%, 03/15/2010 (L)........................... 226 355 Bowater, Inc., 9.50%, 10/15/2012 #............................. 365 150 Chaparral Steel Co., 10.00%, 07/15/2013 #............................ 168
The accompanying notes are an integral part of these financial statements. 173 THE HARTFORD INCOME FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- CORPORATE BONDS: NON-INVESTMENT GRADE -- (CONTINUED) BASIC MATERIALS -- (CONTINUED) $ 236 Citigroup (JSC Severstal), 9.25%, 04/19/2014 (K)........................... $ 261 370 Crown Americas, Inc., 7.75%, 11/15/2015 #............................. 391 205 Evraz Group S.A., 8.25%, 11/10/2015 (I)#.......................... 213 165 Georgia Gulf Corp., 10.75%, 10/15/2016 (I)(G)....................... 164 250 Goodyear Tire & Rubber Co., 8.63%, 12/01/2011 (I)........................... 270 100 Graham Packaging Co., Inc., 9.88%, 10/15/2014 (G)........................... 104 250 Huntsman International LLC, 7.88%, 11/15/2014 (I)........................... 261 500 Owens-Illinois, Inc., 7.80%, 05/15/2018 (G)........................... 518 250 Peabody Energy Corp., 6.88%, 03/15/2013............................... 253 14 Smurfit Kappa Funding plc, 9.63%, 10/01/2012............................... 15 330 Stone Container, 8.00%, 03/15/2017 (I)#.......................... 328 455 Vitro S.A., 9.13%, 02/01/2017 (I)........................... 477 -------- 4,382 -------- CAPITAL GOODS -- 0.3% 450 Bombardier, Inc., 6.30%, 05/01/2014 (I)#.......................... 434 100 Bombardier, Inc., 6.75%, 05/01/2012 (I)........................... 101 115 Industrias Unidas S.A., 11.50%, 11/15/2016 (I)(G)....................... 124 -------- 659 -------- CONSUMER CYCLICAL -- 1.8% 100 Albertson's, Inc., 7.25%, 05/01/2013 (G)........................... 104 420 Aramark Corp., 8.86%, 02/01/2015 (I)(L)#....................... 432 205 Asbury Automotive Group, 7.63%, 03/15/2017 (I)........................... 206 150 AutoNation, Inc., 7.36%, 04/15/2013 (L)........................... 151 130 Delhaize America, Inc., 9.00%, 04/15/2031 #............................. 158 245 Ford Capital B.V., 9.50%, 06/01/2010 #............................. 246 310 General Motors Corp., 6.38%, 05/01/2008 (G)........................... 308 225 General Motors Corp., 7.13%, 07/15/2013 (G)........................... 208 210 K. Hovnanian Enterprises, Inc., 6.00%, 01/15/2010............................... 200
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- CONSUMER CYCLICAL -- (CONTINUED) $ 110 K. Hovnanian Enterprises, Inc., 8.88%, 04/01/2012 (G)........................... $ 108 200 KB Home & Broad Home Corp., 6.38%, 08/15/2011............................... 197 400 Michaels Stores, Inc., 11.38%, 11/01/2016 (I)(G)....................... 440 380 Neiman Marcus Group, Inc., 10.38%, 10/15/2015.............................. 427 260 Parkson Retail Group Ltd., 7.88%, 11/14/2011............................... 272 150 SGS International, Inc., 12.00%, 12/15/2013.............................. 162 105 Stater Brothers Holdings, Inc., 8.13%, 06/15/2012............................... 108 500 Supervalu, Inc., 7.50%, 11/15/2014 #............................. 523 305 Tenneco, Inc., 8.63%, 11/15/2014 (G)........................... 324 -------- 4,574 -------- CONSUMER STAPLES -- 0.7% 240 Bertin LTDA, 10.25%, 10/05/2016 (K).......................... 269 240 Constellation Brands, Inc., 7.25%, 09/01/2016 #............................. 244 250 Del Laboratories, Inc., 10.36%, 11/01/2011 (L)#......................... 259 200 JBS S.A., 10.50%, 08/04/2016 (K).......................... 229 300 Nutro Products, Inc., 10.75%, 04/15/2014 (I).......................... 318 265 OJSC Myronivsky Hliboproduct, 10.25%, 11/30/2011 (I).......................... 279 -------- 1,598 -------- ENERGY -- 0.8% 100 Braskem S.A., 8.00%, 01/26/2017 (I)(G)........................ 107 150 Inergy L.P., 8.25%, 03/01/2016............................... 159 160 MEI Euro Finance Ltd., 8.75%, 05/22/2010 (K)........................... 162 100 Naftogaz Ukrainy, 8.13%, 09/30/2009............................... 101 560 Petrohawk Energy Corp., 9.13%, 07/15/2013 #............................. 600 200 Petrozuata Finance, Inc., 8.22%, 04/01/2017 (I)........................... 205 380 Pogo Producing Co., 7.88%, 05/01/2013............................... 385 240 Range Resources Corp., 7.50%, 05/15/2016 (G)........................... 249 -------- 1,968 --------
The accompanying notes are an integral part of these financial statements. 174 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- CORPORATE BONDS: NON-INVESTMENT GRADE -- (CONTINUED) FINANCE -- 2.8% $ 145 American Real Estate Partners L.P., 7.13%, 02/15/2013............................... $ 143 180 ATF Bank, 9.00%, 05/11/2016 (K)........................... 175 320 Atlantic Broadband Finance LLC, 9.38%, 01/15/2014 #............................. 330 415 Centercredit International, 8.63%, 01/30/2014 (I)#.......................... 398 270 Credit Suisse First Boston International, 6.80%, 10/04/2012............................... 267 75 Drummond Co., Inc., 7.38%, 02/15/2016 (I)........................... 72 250 Ege Haina Finance Co., 9.50%, 04/26/2017 (I)........................... 257 150 El Paso Performance-Linked Trust, 7.75%, 07/15/2011 (I)........................... 160 1,315 Ford Motor Credit Co., 5.80%, 01/12/2009 #............................. 1,292 305 Ford Motor Credit Co., 7.38%, 02/01/2011 (G)........................... 302 290 Ford Motor Credit Co., 9.81%, 04/15/2012 (L)#.......................... 310 675 General Motors Acceptance Corp., 6.88%, 09/15/2011 #............................. 677 900 General Motors Acceptance Corp., 8.00%, 11/01/2031 #............................. 966 150 Hertz Corp., 10.50%, 01/01/2016 (G).......................... 171 200 Itabo Finance S.A., 10.88%, 10/05/2013 (I).......................... 214 125 Nell Af Sarl, 8.38%, 08/15/2015 (I)(G)........................ 130 170 Russian Standard Bank, 8.63%, 05/05/2011 (K)........................... 172 200 Sibacademfinance plc, 9.00%, 05/12/2009 (K)........................... 204 250 Standard Bank plc, 8.75%, 02/09/2016............................... 250 515 United Rentals NA, Inc., 6.50%, 02/15/2012............................... 520 -------- 7,010 -------- FOREIGN GOVERNMENTS -- 0.4% 380 Argentina (Republic of), 7.00%, 10/03/2015............................... 356 250 Iraq (Republic of), 5.80%, 01/15/2028 (K)........................... 160 180 Turkey (Republic of), 6.88%, 03/17/2036............................... 174 200 Turkey (Republic of), 7.25%, 03/15/2015............................... 209 -------- 899 --------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- HEALTH CARE -- 0.5% $ 190 CDRV Investors, Inc., 9.86%, 12/01/2011 (I)(L)........................ $ 191 270 HCA, Inc., 7.88%, 02/01/2011 #............................. 278 165 HCA, Inc., 9.25%, 11/15/2016 (I)#.......................... 180 300 IASIS Healthcare Capital Corp., 8.75%, 06/15/2014............................... 311 150 National Mentor Holdings, Inc., 11.25%, 07/01/2014 #............................ 165 -------- 1,125 -------- SERVICES -- 4.0% 450 Allied Waste North America, Inc., 6.88%, 06/01/2017 #............................. 456 250 AMC Entertainment, Inc., 11.00%, 02/01/2016 #............................ 287 125 Cap Cana S.A., 9.63%, 11/03/2013 (I)........................... 132 125 Clarke American Corp., 11.75%, 12/15/2013 #............................ 152 250 Compucom Systems, Inc., 12.00%, 11/01/2014 (I)#......................... 270 5,950 Dow Jones CDX HY, 7.63%, 06/29/2012 (I)(G)........................ 5,924 450 Dow Jones CDX HY, 8.38%, 12/29/2011 (I)(G)........................ 466 250 Education Management LLC, 10.25%, 06/01/2016 (G).......................... 273 400 ISA Capital De Brasil S.A., 8.80%, 01/30/2017 (I)........................... 431 85 Knowledge Learning Center, Inc., 7.75%, 02/01/2015 (I)........................... 85 100 MTR Gaming Group, Inc., 9.00%, 06/01/2012............................... 105 130 NCO Group, Inc., 11.88%, 11/15/2014 (I).......................... 134 100 Pokagon Gaming Authority, 10.38%, 06/15/2014 (I).......................... 112 150 Sheridan Group, Inc., 10.25%, 08/15/2011.............................. 156 300 Sirius Satellite Radio, Inc., 9.63%, 08/01/2013 (G)........................... 300 200 SunGard Data Systems, Inc., 10.25%, 08/15/2015 (G).......................... 220 250 Unisys Corp., 7.88%, 04/01/2008............................... 251 250 West Corp., 9.50%, 10/15/2014 (I)........................... 264 -------- 10,018 -------- TECHNOLOGY -- 4.4% 470 Advanced Micro Devices, Inc., 6.00%, 05/01/2015 (I)........................... 461 470 Advanced Micro Devices, Inc., 7.75%, 11/01/2012 (G)........................... 462
The accompanying notes are an integral part of these financial statements. 175 THE HARTFORD INCOME FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- CORPORATE BONDS: NON-INVESTMENT GRADE -- (CONTINUED) TECHNOLOGY -- (CONTINUED) $ 580 Charter Communications Operating LLC, 8.00%, 04/30/2012 (I)#.......................... $ 608 440 Citizens Communications Co., 9.00%, 08/15/2031 #............................. 483 125 CSC Holdings, Inc., 8.13%, 07/15/2009 #............................. 130 550 Dobson Cellular Systems, 8.38%, 11/01/2011 #............................. 586 270 Freescale Semiconductor, Inc., 10.13%, 12/15/2016 (I)(G)....................... 273 180 GC Impsat Holdings, 9.88%, 02/15/2017 (I)(G)........................ 186 250 Idearc, Inc., 8.00%, 11/15/2016 (I)........................... 261 150 Inmarsat Finance plc, 7.63%, 06/30/2012............................... 157 505 Intelsat Bermuda Ltd., 9.25%, 06/15/2016............................... 556 100 Itron, Inc., 7.75%, 05/15/2012............................... 103 300 Leap Wireless International, Inc., 9.38%, 11/01/2014 (I)#.......................... 320 960 Level 3 Financing, Inc., 12.25%, 03/15/2013 #............................ 1,122 100 MagnaChip Semiconductor, 6.88%, 12/15/2011 (G)........................... 84 160 Maxcom Telecomunicaciones, 11.00%, 12/15/2014 (I).......................... 170 740 Mediacom LLC, 9.50%, 01/15/2013 #............................. 764 250 MetroPCS Wireless, Inc., 9.25%, 11/01/2014 (I)........................... 267 270 Momentive Performance, 9.75%, 12/01/2014 (I)........................... 286 805 Nortel Networks Ltd., 10.75%, 07/15/2016 (I)#......................... 906 130 NXP B.V./NXP Funding LLC, 8.11%, 10/15/2013 (I)(L)........................ 134 200 Panamsat Corp., 9.00%, 06/15/2016............................... 219 820 Qwest Communications International, Inc., 7.50%, 02/15/2014............................... 847 250 Rural Cellular Corp., 8.25%, 03/15/2012............................... 264 250 STATS ChipPAC Ltd., 7.50%, 07/19/2010............................... 261 200 Vimpel Communications, 8.25%, 05/23/2016 (I)(G)........................ 215 685 Windstream Corp., 8.63%, 08/01/2016............................... 752 -------- 10,877 --------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- TRANSPORTATION -- 0.1% $ 135 PHI, Inc., 7.13%, 04/15/2013 (G)........................... $ 132 -------- UTILITIES -- 0.6% 100 AES China Generating Co., 8.25%, 06/26/2010............................... 100 100 Chivor S.S. E.S.P., 9.75%, 12/30/2014 (K)........................... 113 79 Elwood Energy LLC, 8.16%, 07/05/2026............................... 83 315 Energipe Y Saelpa, 10.50%, 07/19/2013 (I).......................... 357 360 Kinder Morgan Finance Co., 5.70%, 01/05/2016............................... 345 125 Markwest Energy Partners L.P., 8.50%, 07/15/2016............................... 131 240 Mirant Americas Generation LLC, 8.30%, 05/01/2011............................... 254 100 Mirant JPSCO Finance Ltd., 11.00%, 07/06/2016 (I).......................... 109 165 NGC Corp., 7.13%, 05/15/2018 #............................. 160 -------- 1,652 -------- Total corporate bonds: non-investment grade (cost $43,849).................................. $ 44,894 -------- SENIOR FLOATING RATE INTERESTS NON-INVESTMENT GRADE (V) -- 8.5% BASIC MATERIALS -- 0.9% 81 Coffeyville Resources, 8.25%, 12/21/2010 (N)........................... $ 82 418 Coffeyville Resources, 8.35%, 12/21/2013 (AA).......................... 422 452 Compass Minerals Group, Inc., 6.85%, 12/22/2012 (N)........................... 452 310 Huntsman International LLC, 7.07%, 04/23/2014 (N)........................... 311 414 Jarden Corp., 7.10%, 01/24/2012 (N)........................... 414 481 Tupperware Corp., 6.84%, 11/07/2012 (N)........................... 481 -------- 2,162 -------- CONSUMER CYCLICAL -- 1.0% 1,177 Ford Motor Co., 8.36%, 12/15/2013 (N)........................... 1,184 250 Masonite International Corp. U.S. Term Loan, 7.35%, 04/30/2010 (N)........................... 245 249 Masonite International Corp. Canadian Term Loan, 7.35%, 04/30/2010 (N)........................... 243 488 Oshkosh Truck Corp., 7.10%, 12/06/2013 (N)........................... 488 437 William Carter Co., 6.85%, 07/14/2012 (N)........................... 436 -------- 2,596 --------
The accompanying notes are an integral part of these financial statements. 176 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- SENIOR FLOATING RATE INTERESTS NON-INVESTMENT GRADE (V) -- (CONTINUED) CONSUMER STAPLES -- 0.4% $ 94 Dole Food Co., Inc., 7.23%, 04/12/2013 (AA).......................... $ 94 697 Dole Food Co., Inc., 7.46%, 04/12/2013 (N)........................... 697 209 Dole Food Co., Inc., 7.54%, 04/12/2013 (N)........................... 209 -------- 1,000 -------- FINANCE -- 1.4% 363 Ameritrade Holding Corp., 6.82%, 12/31/2011 (N)........................... 363 499 CB Richard Ellis Services, Inc., 6.82%, 12/14/2013 (N)........................... 500 500 Crescent Resources LLC, 8.32%, 09/07/2012 (N)........................... 500 349 General Growth Properties, Inc., 6.57%, 02/24/2010 (N)........................... 348 1,000 Kar Holdings Inc., 7.57%, 10/17/2013 (N)........................... 1,006 468 Nasdaq Stock Market, Inc. Term Loan B, 7.07%, 05/22/2012 (N)........................... 469 278 Nasdaq Stock Market, Inc. Term Loan C, 7.07%, 05/22/2012 (N)........................... 279 -------- 3,465 -------- HEALTH CARE -- 1.6% 1,000 Carestream Health, Inc., 7.36%, 04/12/2013 (AA)(Q)....................... 1,001 947 DJ Orthopedics LLC, 6.88%, 04/07/2013 (N)........................... 947 496 Fresenius Medical Care AG, 6.73%, 03/31/2013 (N)........................... 495 499 HCA, Inc., 7.60%, 11/17/2013 (N)........................... 504 388 Lifepoint Hospitals, Inc., 6.99%, 04/15/2012 (N)........................... 387 499 Ventiv Health, Inc., 6.85%, 10/05/2011 (N)........................... 498 -------- 3,832 -------- SERVICES -- 1.6% 1,000 Bresnan Communications LLC, 7.36%, 09/29/2013 (AA)(Q)....................... 1,002 499 Cedar Fair L.P., 7.32%, 07/21/2013 (N)........................... 503 499 Gray Television, Inc., 6.85%, 12/31/2014 (N)........................... 498 500 MGM Mirage, Inc., 6.41%, 10/03/2011 (N)........................... 492 498 Regal Cinemas, Inc., 7.10%, 11/10/2010 (N)........................... 498 250 UPC Financing Partnership, 7.37%, 03/31/2013 (N)........................... 250
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- SERVICES -- (CONTINUED) $ 250 UPC Financing Partnership, 7.37%, 12/31/2013 (N)........................... $ 250 500 Weight Watchers International, Inc., 6.63%, 01/24/2013 (N)........................... 498 -------- 3,991 -------- TECHNOLOGY -- 1.6% 307 Cincinnati Bell, Inc., 6.82%, 08/31/2012 (N)........................... 308 167 Fleetcor Technologies Operating Co. LLC Delayed Draw Term Loan, 7.61%, 04/30/2013 (AA)(Q)....................... 167 833 Fleetcor Technologies Operating Co. LLC Term Loan B, 7.61%, 04/30/2013 (AA)(Q)....................... 833 500 Idearc, Inc., 6.85%, 11/17/2013 (N)........................... 501 997 R.H. Donnelly, Inc., 6.85%, 06/30/2011 (N)........................... 997 1,000 RCN Corp., 7.11%, 04/19/2014 (AA)(Q)....................... 1,007 -------- 3,813 -------- Total senior floating rate interests non-investment grade (cost $20,864).................................. $ 20,859 -------- CONTRACTS - --------- CALL OPTIONS PURCHASED -- 0.0% ISSUER/EXPIRATION DATE/EXERCISE PRICE -- US 10 Year Treasury Note, 05/28/2007, $110.00..... $ 1 -------- Total call options purchased (cost $1)....................................... $ 1 -------- PRINCIPAL AMOUNT - --------- U.S. GOVERNMENT AGENCIES -- 26.2% FEDERAL HOME LOAN MORTGAGE CORPORATION -- 6.5% $ 200 4.10% 2014 #...................................... $ 196 1,682 5.50% 2016 -- 2032 (G)............................ 1,727 4,349 6.00% 2032 -- 2037 #.............................. 4,410 390 6.25% 2032 (G).................................... 445 8,861 6.50% 2037 (Q).................................... 9,051 -------- 15,829 -------- FEDERAL NATIONAL MORTGAGE ASSOCIATION -- 18.1% 729 5.00% 2017 -- 2022 #.............................. 721 257 5.22% 2035 (L).................................... 256 3,093 5.50% 2032 -- 2034 #.............................. 3,067 18,483 6.00% 2036 #...................................... 18,627 925 6.02% 2037 (L)#................................... 940 20,229 6.50% 2036 -- 2037 #.............................. 20,656 -------- 44,267 --------
The accompanying notes are an integral part of these financial statements. 177 THE HARTFORD INCOME FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- U.S. GOVERNMENT AGENCIES -- (CONTINUED) SMALL BUSINESS ADMINISTRATION PARTICIPATION CERTIFICATES -- 1.6% $ 880 4.92% 2023........................................ $ 873 938 5.35% 2026 #...................................... 947 189 5.54% 2026........................................ 192 959 5.57% 2026 #...................................... 977 934 5.64% 2026 #...................................... 956 -------- 3,945 -------- Total U.S. government agencies (cost $63,898).................................. $ 64,041 -------- U.S. GOVERNMENT SECURITIES -- 13.8% U.S. TREASURY SECURITIES -- 13.8% 4,710 2.38% 2011 (O)(G)................................. $ 4,895 21,500 3.88% 2009 (O)(G)................................. 27,571 155 4.50% 2036 (G).................................... 147 1,002 4.63% 2011 -- 2017 (G)............................ 1,002 -------- 33,615 -------- Total U.S. government securities (cost $33,627).................................. $ 33,615 -------- Total long-term investments (cost $224,269)................................. $225,237 -------- SHORT-TERM INVESTMENTS -- 31.7% FINANCE -- 0.0% 11 State Street Bank Money Market Fund............... $ 11 -------- REPURCHASE AGREEMENTS -- 11.8% 8,518 BNP Paribas Securities Corp. Repurchase Agreement, 5.10%, 05/01/2007............................... 8,518 10,092 RBS Greenwich Capital Markets, 5.10%, 05/01/2007............................... 10,092 10,221 UBS Securities, Inc. Repurchase Agreement, 5.10%, 05/01/2007............................... 10,221 -------- 28,831 -------- U.S. TREASURY SECURITIES -- 0.1% 325 U.S. Treasury Bill, 5.04%, 06/14/2007 (M)(S)........................ 323 -------- SHARES - --------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 19.8% CASH COLLATERAL REINVESTMENT FUND: 48,182 Navigator Prime Portfolio......................... $ 48,182 -------- Total short-term investments (cost $77,347).................................. $ 77,347 -------- Total investments in securities (cost $301,616) (C)............................. $302,584 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 8.76% of total net assets at April 30, 2007. (A)The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $75, which represents 0.03% of total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $301,641 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation.......................... $1,749 Unrealized depreciation.......................... (806) ------ Net unrealized appreciation...................... $ 943 ======
(G)Security is partially on loan at April 30, 2007. # This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future. (H)The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.
PERIOD COST ACQUIRED SHARES/PAR SECURITY BASIS - -------- ---------- -------- ----- 02/2006 200 CS First Boston Mortgage $198 Securities Corp., 7.27%, 11/15/2019 - 144A 03/2006 49 Home Equity Asset Trust, 4.75%, 49 6/27/2035 - 144A
The aggregate value of these securities at April 30, 2007 was $221, which represents 0.09% of total net assets. (I)Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at April 30, 2007, was $40,695, which represents 16.66% of total net assets. (K)Securities contain some restrictions as to public resale. These securities comply with Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, and are determined to be liquid. At April 30, 2007, the market value of these securities amounted to $2028 or 0.83% of total net assets. (L)Variable rate securities; the rate reported is the coupon rate in effect at April 30, 2007. (M)The interest rate disclosed for these securities represents the effective yield on the date of acquisition. (N)The interest rate disclosed for these securities represents the effective yield as of April 30, 2007. (P)The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at April 30, 2007. (AA)The interest rate disclosed for these securities represents an estimated yield as of April 30, 2007. The accompanying notes are an integral part of these financial statements. 178 - -------------------------------------------------------------------------------- (Q)The cost of securities purchased on a when-issued or delayed delivery basis at April 30, 2007 was $5,469. (S)Security pledged as initial margin deposit for open futures contracts at April 30, 2007. FUTURES CONTRACTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED NUMBER OF APPRECIATION DESCRIPTION CONTRACTS* POSITION EXPIRATION (DEPRECIATION) ----------- ---------- -------- ---------- -------------- CBT 2 Year U.S. Treasury Note 286 Long June 2007 $(65) CBT 5 Year U.S. Treasury Note 330 Long June 2007 $(18) CBT 10 Year U.S. Treasury Note 99 Long June 2007 39 CBT U.S. Treasury Long Bond 122 Short June 2007 114 ---- $ 70 ====
* The number of contracts does not omit 000's. (V) Senior loans in which the Fund invests generally pay interest rates which are periodically adjusted by reference to a base short-term, floating lending rate plus a premium. These base lending rates are generally (i) the lending rate offered by one or more major European banks, such as the London Inter-Bank Offered Rate (LIBOR), (ii) the prime rate offered by one or more major United States Banks, or (iii) the bank's certificate of deposit rate. Senior floating rate interests often require prepayments from excess cash flows or permit the borrower to repay at its election. The rate at which the borrower repays cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. The interest rate indicated is the rate in effect at April 30, 2007. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. CREDIT DEFAULT SWAP AGREEMENTS OUTSTANDING AT APRIL 30, 2007
PAY/ UNREALIZED REFERENCE BUY/SELL RECEIVE NOTIONAL APPRECIATION COUNTERPARTY ENTITY PROTECTION FIXED RATE EXPIRATION DATE AMOUNT (DEPRECIATION) - ------------ --------- ---------- ---------- --------------- -------- -------------- Lehman Brothers Special Financing, Inc. HCA, Inc. Buy 2.70% 12/20/2010 $400 $ 8 Lehman Brothers Special Financing, Inc. HCA, Inc. Sell 3.50% 12/20/2011 400 (11) JP Morgan Chase Bank Republic of Turkey Sell 2.52% 4/20/2017 100 (2) ---- $ (5) ====
INTEREST RATE SWAP AGREEMENTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED PAYMENTS PAYMENTS EXPIRATION NOTIONAL APPRECIATION COUNTERPARTY MADE BY FUND RECEIVED BY FUND DATE AMOUNT (DEPRECIATION) - ------------ ------------ ---------------- ---------- -------- -------------- Lehman Brothers Special Financing, Inc. $20 1 month Libor Lehman ABS AAA 5/1/2007 $40,000 === minus 2 bps Floating Index Rate 5.30% 5.54%
The accompanying notes are an integral part of these financial statements. 179 THE HARTFORD INFLATION PLUS FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES -- 0.0% FINANCE -- 0.0% $ 6,327 Prudential Commercial Mortgage Trust, 5.81%, 02/11/2036 (I)(P)................................................. $ 281 -------- Total asset & commercial mortgage backed securities (cost $276).............................................................. $ 281 -------- CONTRACTS - --------- CALL OPTIONS PURCHASED -- 0.0% ISSUER/EXPIRATION DATE/EXERCISE PRICE 10,000 U.S. 5 Year Treasury Note, 02/28/2017, $1.00........................................................ $ 203 -------- Total call options purchased (cost $240).............................................................. $ 203 -------- PUT OPTIONS PURCHASED -- 0.0% ISSUER/EXPIRATION DATE/EXERCISE 10,000 U.S. 5 Year Treasury Note, 02/28/2017, $1.00........................................................ $ 268 -------- Total put options purchased (cost $240).............................................................. $ 268 -------- PRINCIPAL AMOUNT - --------- SENIOR FLOATING RATE INTERESTS NON-INVESTMENT GRADE (V) -- 4.9% BASIC MATERIALS -- 0.5% $ 1,742 Compass Minerals Group, Inc., 6.85%, 12/22/2012 (N).................................................... $ 1,743 1,000 Tupperware Corp., 6.84%, 11/07/2012 (N).................................................... 999 -------- 2,742 -------- CONSUMER CYCLICAL -- 0.6% 1,975 Supervalu, Inc., 6.84%, 05/30/2013 (N).................................................... 1,982 1,504 William Carter Co., 6.85%, 07/14/2012 (N).................................................... 1,503 -------- 3,485 -------- FINANCE -- 0.5% 1,629 Ameritrade Holding Corp., 6.82%, 12/31/2011 (N).................................................... 1,631 1,395 General Growth Properties, Inc., 6.57%, 02/24/2010 (N).................................................... 1,392 -------- 3,023 -------- HEALTH CARE -- 1.1% 1,000 Carestream Health, Inc., 7.36%, 04/12/2013 (AA)(Q)................................................ 1,001 1,975 Community Health Systems, Inc., 7.10%, 08/19/2011 (N).................................................... 1,978
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- HEALTH CARE -- (CONTINUED) $ 1,975 Fresenius Medical Care AG, 6.73%, 03/31/2013 (N).................................................... $ 1,971 1,878 Lifepoint Hospitals, Inc., 6.99%, 04/15/2012 (N).................................................... 1,875 -------- 6,825 -------- SERVICES -- 0.9% 3,000 MGM Mirage, Inc., 6.41%, 10/03/2011 (N).................................................... 2,954 1,975 Regal Cinemas, Inc., 7.10%, 11/10/2010 (N).................................................... 1,978 -------- 4,932 -------- TECHNOLOGY -- 0.7% 1,995 Mediacom Broadband, 7.10%, 01/31/2015 (N).................................................... 1,989 1,965 R.H. Donnelly, Inc., 6.85%, 06/30/2011 (N).................................................... 1,964 -------- 3,953 -------- UTILITIES -- 0.6% 1,198 Mirant North America LLC, 7.07%, 01/03/2013 (N).................................................... 1,198 2,000 NRG Energy, Inc., 7.35%, 01/27/2013 (N).................................................... 2,014 -------- 3,212 -------- Total senior floating rate interests non-investment grade (cost $28,138)........................................................... $ 28,172 -------- SENIOR FLOATING RATE INTERESTS INVESTMENT GRADE (V) -- 0.6% FINANCE -- 0.6% 3,500 Residential Capital Corp., 6.07%, 07/28/2008 (N).................................................... $ 3,461 -------- Total senior floating rate interests investment grade (cost $3,488)............................................................ $ 3,461 -------- U.S. GOVERNMENT SECURITIES -- 101.6% U.S. TREASURY SECURITIES -- 101.6% 20,170 0.88% 2010 (O)#............................................................ $ 20,977 7,137 1.63% 2015 (O)............................................................. 7,314 64,235 1.88% 2013 -- 2015 (O)..................................................... 67,206 179,457 2.00% 2014 -- 2026 (O)#.................................................... 184,607 93,935 2.38% 2011 -- 2027 (O)..................................................... 96,706 28,430 3.00% 2012 (O)............................................................. 33,762 22,370 3.38% 2012 -- 2032 (O)#.................................................... 30,882 20,455 3.50% 2011 (O)............................................................. 25,248
The accompanying notes are an integral part of these financial statements. 180 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- U.S. GOVERNMENT SECURITIES -- (CONTINUED) U.S. TREASURY SECURITIES -- (CONTINUED) $ 24,000 3.63% 2028 (O)#............................................................ $ 36,709 54,632 3.88% 2009 -- 2029 (O)#.................................................... 75,778 -------- Total U.S. government securities (cost $580,217).......................................................... $579,189 -------- Total long-term investments (cost $612,599).......................................................... $611,574 -------- SHORT-TERM INVESTMENTS -- 0.7% FINANCE -- 0.5% $ 2,948 State Street Bank Money Market Fund........................................ $ 2,948 -------- REPURCHASE AGREEMENTS -- 0.1% 132 BNP Paribas Securities Corp. Repurchase Agreement, 5.10%, 05/01/2007........................................................ 132 157 RBS Greenwich Capital Markets, 5.10%, 05/01/2007........................................................ 157 159 UBS Securities, Inc. Repurchase Agreement, 5.10%, 05/01/2007........................................................ 159 -------- 448 -------- U.S. TREASURY SECURITIES -- 0.1% 550 U.S. Treasury Bill, 4.98%, 06/14/2007 (M)(S)................................................. 547 -------- Total short-term investments (cost $3,943)............................................................ $ 3,943 -------- Total investments in securities (cost $616,542) (C)...................................................... $615,517 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. (C) At April 30, 2007, the cost of securities for federal income tax purposes was $626,495 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation........................ $ 2,574 Unrealized depreciation........................ (13,552) -------- Net unrealized depreciation.................... $(10,978) ========
# This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future. (I) Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at April 30, 2007, was $281, which represents 0.05% of total net assets. (M) The interest rate disclosed for these securities represents the effective yield on the date of acquisition. (N) The interest rate disclosed for these securities represents the effective yield as of June 30, 2007. (O) U.S. Treasury inflation-protection securities (TIPS) are securities in which the principal amount is adjusted for inflation and the semiannual interest payments equal a fixed percentage of the inflation-adjusted principal amount. (P) The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at April 30, 2007. (AA) The interest rate disclosed for these securities represents an estimated yield as of June 30, 2007. (Q) The cost of securities purchased on a when-issued or delayed delivery basis at April 30, 2007 was $1,000. (S) Security pledged as initial margin deposit for open futures contracts at April 30, 2007. FUTURES CONTRACTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED NUMBER OF APPRECIATION DESCRIPTION CONTRACTS* POSITION EXPIRATION (DEPRECIATION) ----------- ---------- -------- ---------- -------------- 5 Year U.S. Treasury Note 150 Long June 2007 $(35) 10 Year U.S. Treasury Note 5 Long June 2007 -- ---- $(35) ====
* The number of contracts does not omit 000's. (V) Senior loans in which the Fund invests generally pay interest rates which are periodically adjusted by reference to a base short-term, floating lending rate plus a premium. These base lending rates are generally (i) the lending rate offered by one or more major European banks, such as the London Inter-Bank Offered Rate (LIBOR), (ii) the prime rate offered by one or more major United States Banks, or (iii) the bank's certificate of deposit rate. Senior floating rate interests often require prepayments from excess cash flows or permit the borrower to repay at its election. The rate at which the borrower repays cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. The interest rate indicated is the rate in effect at April 30, 2007. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. REVERSE REPURCHASE AGREEMENTS AS OF APRIL 30, 2007
PRINCIPAL MARKET DESCRIPTION AMOUNT VALUE ----------- --------- ------ BNP Paribas Securities Corp. $(45,542) $(45,542) ======== ========
The accompanying notes are an integral part of these financial statements. 181 THE HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 95.4% AUSTRALIA -- 1.3% 152 Aristocrat Leisure Ltd. (A)#...................... $ 2,077 182 Brambles Ltd. (A)(D).............................. 1,986 229 Transurban Group (A).............................. 1,525 -------- 5,588 -------- AUSTRIA -- 0.7% 36 Erste Bank Der Oesterreichischen Sparkassen AG (A)............................................. 2,853 -------- BRAZIL -- 1.4% 149 Companhia Vale do Rio Doce ADR.................... 6,055 -------- CANADA -- 6.5% 81 Cameco Corp. ..................................... 3,767 25 Potash Corp. of Saskatchewan...................... 4,470 73 Research In Motion Ltd. (D)....................... 9,553 125 Rogers Communications, Inc. Class B............... 4,781 38 SNC-Lavalin Group, Inc. .......................... 1,102 53 Suncor Energy, Inc. .............................. 4,244 -------- 27,917 -------- CHINA -- 2.3% 122 China CITIC Bank (D).............................. 102 1,107 China Merchants Bank Co., Ltd. (A)(D)............. 2,694 67 Ctrip.com International Ltd. ..................... 4,737 58 Suntech Power Holdings Co., Ltd. ADR (D).......... 2,093 -------- 9,626 -------- DENMARK -- 1.7% 111 Vestas Wind Systems A/S (A)(D).................... 7,164 -------- FINLAND -- 2.7% 463 Nokia Oyj (A)(D)(G)............................... 11,679 -------- FRANCE -- 10.3% 86 Accor S.A. (A)(G)................................. 8,120 45 Alstom RGPT (A)(D)................................ 6,655 29 Cie Generale d'Optique Essilor International S.A. (A)(D).......................................... 3,461 75 France Telecom S.A. (A)........................... 2,201 24 Pinault-Printemps-Redoute S.A. (A)................ 4,237 16 Vallourec (A)..................................... 4,447 181 Veolia Environment S.A. (A)....................... 14,970 -------- 44,091 -------- GERMANY -- 16.3% 47 Basf AG (G)....................................... 5,583 62 Continental AG (A)................................ 8,659 28 Deutsche Boerse AG (A)............................ 6,534 57 Fresenius Medical Care AG & Co. (A)............... 8,521 300 Infineon Technologies AG (A)(D)................... 4,654 260 KarstadtQuelle AG (A)(D)(G)....................... 10,003 48 Salzgitter AG (A)................................. 7,845 32 Siemens AG (A).................................... 3,865 44 Volkswagen AG (A)(G).............................. 6,608 42 Wacker Chemie AG (A).............................. 7,616 -------- 69,888 --------
MARKET SHARES VALUE (W) - --------- --------- GREECE -- 0.7% 56 National Bank of Greece (A)....................... $ 3,156 -------- HONG KONG -- 1.3% 348 China Resources Enterprise (A).................... 1,173 3,106 Shun Tak Holdings Ltd. (A)........................ 4,322 -------- 5,495 -------- IRELAND -- 3.1% 472 Elan Corp. plc ADR (D)(G)......................... 6,553 149 Ryanair Holdings plc ADR (D)(G)................... 6,935 -------- 13,488 -------- JAPAN -- 10.5% 76 Canon, Inc. (A)................................... 4,281 1 East Japan Railway Co. (A)........................ 4,168 60 Ibiden Co., Ltd. (A).............................. 3,416 2 Japan Tobacco, Inc. (A)........................... 8,103 528 Mitsubishi Heavy Industries Ltd. (A).............. 3,250 12 Nintendo Co., Ltd. (A)............................ 3,873 9 ORIX Corp. (A).................................... 2,506 9 Rakuten, Inc. (A)................................. 3,764 79 Sony Corp. (A).................................... 4,180 126 Sumitomo Realty & Development Co., Ltd. (A)....... 4,651 31 Yamada Denki Co., Ltd. (A)........................ 2,868 -------- 45,060 -------- LUXEMBOURG -- 0.5% 27 Millicom International Cellular S.A. (D).......... 2,210 -------- MEXICO -- 0.8% 69 America Movil S.A.B de CV ADR..................... 3,640 -------- NETHERLANDS -- 4.6% 263 ASML Holding N.V. (A)(D).......................... 7,140 118 Royal Numico N.V. (A)(H).......................... 6,480 198 Unilever N.V. CVA (A)............................. 6,041 -------- 19,661 -------- NORWAY -- 0.4% 59 Renewable Energy Corp. AS (A)(D).................. 1,696 -------- RUSSIA -- 0.1% 15 OAO Gazprom ADR (K)............................... 592 -------- SOUTH KOREA -- 1.6% 104 LG Electronics, Inc. (A)(D)....................... 6,925 -------- SPAIN -- 0.9% 109 Gamesa Corporacion Tecnologica S.A. (A)........... 3,748 -------- SWEDEN -- 2.0% 44 Alfa Laval AB (A)(G).............................. 2,668 288 Sandvik AB (A)(G)................................. 5,501 29 Swedish Match AB (A).............................. 535 -------- 8,704 -------- SWITZERLAND -- 6.7% 121 ABB Ltd. (A)...................................... 2,419 93 Julius Baer Holding Ltd. (A)...................... 6,492 29 Nestle S.A. (A)(G)................................ 11,303
The accompanying notes are an integral part of these financial statements. 182 - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) SWITZERLAND -- (CONTINUED) 11 Nobel Biocare Holding AG (A)...................... $ 3,795 84 Swatch Group AG (A)............................... 4,867 -------- 28,876 -------- TAIWAN -- 1.4% 2,595 AU Optronics Corp. (A)............................ 4,091 268 Hon Hai Precision Industry Co., Ltd. (A).......... 1,770 -------- 5,861 -------- UNITED KINGDOM -- 17.6% 714 Amvescap plc (A).................................. 8,379 1,762 Arm Holdings plc (A).............................. 4,687 197 Imperial Chemical Industries plc (A).............. 2,084 555 Kesa Electricals plc (A).......................... 3,730 804 Man Group plc (A)................................. 9,000 36 Marks & Spencer Group plc (A)..................... 526 267 Michael Page International plc (A)................ 3,053 60 Next plc (A)...................................... 2,810 189 Reckitt Benckiser plc (A)......................... 10,342 444 Rolls-Royce Group plc (A)......................... 4,231 32,782 Rolls-Royce Group plc Class B..................... 66 535 Smith & Nephew plc (A)............................ 6,670 1,680 Tesco plc (A)..................................... 15,444 100 Xstrata plc (A)................................... 5,184 -------- 76,206 -------- Total common stock (cost $363,643)................................. $410,179 -------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 14.2% REPURCHASE AGREEMENTS -- 3.7% $ 5,277 Banc of America Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 5,277 1,955 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 1,954 62 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 62 2,619 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 2,619 5,981 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 5,981 -------- 15,893 -------- MARKET SHARES VALUE (W) - --------- --------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 10.5% CASH COLLATERAL REINVESTMENT FUND: 45,340 Mellon GSL DBTII Collateral Fund.................. $ 45,338 -------- Total short-term investments (cost $61,231).................................. $ 61,231 -------- Total investments in securities (cost $424,874) (C)............................. $471,410 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 95.39% of total net assets at April 30, 2007. (A) The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $343,696, which represents 79.93% of total net assets. (C) At April 30, 2007, the cost of securities for federal income tax purposes was $427,290 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation......................... $48,020 Unrealized depreciation......................... (3,900) ------- Net unrealized appreciation..................... $44,120 =======
(D) Currently non-income producing. (G) Security is partially on loan at April 30, 2007. (H) The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.
PERIOD ACQUIRED SHARES/PAR SECURITY COST BASIS -------- ---------- -------- ---------- 11/2006-3/2007 118 Royal Numico N.V. $6,005
The aggregate value of these securities at April 30, 2007 was $6,480, which represents 1.51% of total net assets. (K) Securities contain some restrictions as to public resale. These securities comply with Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, and are determined to be liquid. At April 30, 2007, the market value of these securities amounted to $592 or 0.14% of total net assets. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 183 THE HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - -------------------------------------------------------------------------------- FORWARD FOREIGN CURRENCY CONTRACTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED MARKET CONTRACT DELIVERY APPRECIATION DESCRIPTION TRANSACTION VALUE AMOUNT DATE (DEPRECIATION) - ----------- ----------- ------ -------- ---------- -------------- British Pound Buy $1,632 $1,626 05/01/2007 $ 6 British Pound Sell 1,304 1,302 05/02/2007 (2) British Pound Buy 199 199 05/03/2007 -- Canadian Dollar Sell 146 145 05/01/2007 (1) Canadian Dollar Sell 241 240 05/02/2007 (1) Canadian Dollar Sell 279 279 05/03/2007 -- Euro Buy 2,478 2,470 05/02/2007 8 Hong Kong Dollars Sell 29 29 05/02/2007 -- Hong Kong Dollars Sell 20 20 05/03/2007 -- Japanese Yen Sell 1,952 1,959 05/07/2007 7 Norwegian Krone Buy 738 737 05/03/2007 1 Norwegian Krone Buy 948 950 05/04/2007 (2) Swedish Krona Buy 445 445 05/03/2007 -- Swedish Krona Buy 92 93 05/04/2007 (1) --- $15 ===
The accompanying notes are an integral part of these financial statements. 184 THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 98.5% BELGIUM -- 0.5% 31 UCB S.A. (A)(G)................................... $ 1,877 -------- BRAZIL -- 2.8% 358 All America Latina Logistica S.A. ................ 4,235 139 Companhia Vale do Rio Doce ADR.................... 5,624 -------- 9,859 -------- CANADA -- 8.7% 94 Cameco Corp. ..................................... 4,379 116 EnCana Corp. (G).................................. 6,077 162 Nortel Networks Corp. (D)......................... 3,696 5 Research In Motion Ltd. (D)(G)+................... 684 31 Research in Motion Ltd. (D)+...................... 4,046 36 Suncor Energy, Inc. .............................. 2,920 242 Talisman Energy, Inc. (G)......................... 4,598 82 Telus Corp. ...................................... 4,524 -------- 30,924 -------- CHINA -- 3.0% 1,501 China Merchants Bank Co., Ltd. (D)(A)(G).......... 3,653 721 China Shenhua Energy Co., Ltd. (A)................ 1,782 35 Ctrip.com International Ltd. ..................... 2,482 2,862 Huaneng Power International, Inc. (A)............. 2,891 -------- 10,808 -------- EGYPT -- 1.5% 79 Orascom Telecom Holding SAE GDR................... 5,297 -------- FINLAND -- 1.4% 197 Nokia Oyj (D)(A).................................. 4,959 -------- FRANCE -- 10.0% 30 Accor S.A. (A)(G)................................. 2,804 34 Alstom RGPT (D)(A)................................ 5,117 144 Axa S.A. (A)(G)................................... 6,606 54 BNP Paribas (A)(G)................................ 6,233 32 Cie Generale d'Optique Essilor International S.A. (D)(A)(G)....................................... 3,841 30 Iliad S.A. (A)(G)................................. 3,057 67 Peugeot S.A. (A)(G)............................... 5,398 108 S.O.I. Tec S.A. (D)(A)(G)......................... 2,523 -------- 35,579 -------- GERMANY -- 10.3% 39 Continental AG (A)(G)............................. 5,483 58 DaimlerChrysler AG (A)(G)......................... 4,705 24 Deutsche Boerse AG (A)(G)......................... 5,550 31 E.On AG (A)(G).................................... 4,710 239 Infineon Technologies AG (D)(A)................... 3,704 140 KarstadtQuelle AG (D)(A)(G)....................... 5,401 59 Siemens AG (A).................................... 7,153 -------- 36,706 -------- GREECE -- 0.5% 43 EFG Eurobank Ergasias S.A. (A).................... 1,805 --------
MARKET SHARES VALUE (W) - --------- --------- HONG KONG -- 6.1% 1,337 Cathay Pacific Airways Ltd. (A)(G)................ $ 3,457 210 Dah Sing Financial Group (A)...................... 1,795 586 Hengan International Group Co., Ltd. (A)(G)....... 1,859 601 Hong Kong Exchanges & Clearing Ltd. (A)(G)........ 5,726 826 Hopson Development Holdings Ltd. (A).............. 1,937 222 Melco PBL Entertainment Ltd. ADR (D)(G)........... 3,861 1,292 Shangri-La Asia Ltd. (A).......................... 3,159 -------- 21,794 -------- IRELAND -- 1.3% 144 Ryanair Holdings plc (D)(A)....................... 1,174 75 Ryanair Holdings plc ADR (D)(G)................... 3,482 -------- 4,656 -------- ITALY -- 6.3% 255 Enel S.p.A. (A)................................... 2,893 741 Intesa Sanpaolo (D)(A)(G)......................... 6,205 56 Tod's S.p.A. (A)(G)............................... 5,216 780 UniCredito Italiano S.p.A. (A)(G)................. 8,017 -------- 22,331 -------- JAPAN -- 13.7% 125 Aisin Seiki Co., Ltd. (A)......................... 4,097 56 Astellas Pharma, Inc. (A)......................... 2,445 118 Canon, Inc. (A)................................... 6,592 91 Chiyoda Corp. (A)................................. 2,088 48 Daihatsu Motor Co., Ltd. (A)(G)................... 404 37 Eisai Co., Ltd. (A)............................... 1,738 628 Japan Airlines Corp. (A).......................... 1,235 2 Japan Tobacco, Inc. (A)........................... 8,069 142 Komatsu Ltd. (A).................................. 3,367 222 Mitsubishi Electric Corp. (A)..................... 2,152 42 Mitsubishi Estate Co., Ltd. (A)................... 1,302 -- Mitsubishi UFJ Financial Group, Inc. (A).......... 3,381 69 Omron Corp. (A)................................... 1,851 8 ORIX Corp. (A).................................... 2,106 112 Sony Corp. (A).................................... 5,929 28 TDK Corp. (A)..................................... 2,415 -------- 49,171 -------- LUXEMBOURG -- 1.0% 99 Evraz Group S.A. ................................. 3,486 -------- MEXICO -- 1.0% 121 Grupo Aeroportuario Del ADR (D)(G)................ 3,547 -------- NETHERLANDS -- 7.9% 177 Aercap Holdings N.V. (D)(G)....................... 5,175 181 ASML Holding N.V. (D)(A).......................... 4,904 102 ING Groep N.V. (A)(G)............................. 4,634 181 Koninklijke Philips Electronics N.V. (A).......... 7,418 109 Royal Numico N.V. (A)(G)(H)....................... 6,005 -------- 28,136 -------- RUSSIA -- 4.0% 36 Lukoil ADR........................................ 2,804 13 Mining and Metallurgical Co. Norilsk Nickel ADR... 2,413
The accompanying notes are an integral part of these financial statements. 185 THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) RUSSIA -- (CONTINUED) 121 OAO Gazprom ADR (K)............................... $ 4,832 112 TMK OAO GDR (D) (I)............................... 4,062 -------- 14,111 -------- SINGAPORE -- 0.5% 156 Singapore Airlines Ltd. (A)....................... 1,857 -------- SOUTH AFRICA -- 1.2% 136 Impala Platinum Holdings Ltd. (A)................. 4,383 -------- SWEDEN -- 1.0% 155 Assa Abloy AB (A)(G).............................. 3,459 -------- SWITZERLAND -- 6.2% 54 Credit Suisse Group (A)(G)........................ 4,251 98 Julius Baer Holding Ltd. (A)...................... 6,808 28 Nestle S.A. (A)(G)................................ 11,076 -------- 22,135 -------- TURKEY -- 0.4% 119 Akbank T.A.S (A).................................. 858 120 Asya Katilim Bankasi AS (D)(A).................... 700 -------- 1,558 -------- UNITED KINGDOM -- 9.2% 480 Amvescap plc (A).................................. 5,635 1,571 Old Mutual plc (A)................................ 5,577 128 Reckitt Benckiser plc (A)......................... 7,022 772 Tesco plc (A)..................................... 7,101 146 Xstrata plc (A)................................... 7,578 -------- 32,913 -------- Total common stock (cost $311,570)................................. $351,351 -------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 26.5% REPURCHASE AGREEMENTS -- 0.8% $ 866 Banc of America Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 866 321 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 321 10 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 10 430 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 429 981 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 981 -------- 2,607 -------- MARKET SHARES VALUE (W) - --------- --------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 25.7% CASH COLLATERAL REINVESTMENT FUND: 91,767 Navigator Prime Portfolio......................... $ 91,767 -------- Total short-term investments (cost $94,374).................................. $ 94,374 -------- Total investments in securities (cost $405,944) (C)............................. $445,725 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 98.54% of total net assets at April 30, 2007. (A) The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $269,127, which represents 75.48% of total net assets. (C) At April 30, 2007, the cost of securities for federal income tax purposes was $406,010 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation......................... $45,484 Unrealized depreciation......................... (5,769) ------- Net unrealized appreciation..................... $39,715 =======
(D) Currently non-income producing. (G) Security is partially on loan at April 30, 2007. (H) The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.
PERIOD ACQUIRED SHARES/PAR SECURITY COST BASIS -------- ---------- -------- ---------- 1/2005-2/2007 109 Royal Numico N.V. $5,561
The aggregate value of these securities at April 30, 2007 was $6,005, which represents 1.68% of total net assets. (I)Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at April 30, 2007, was $4,062, which represents 1.14% of total net assets. (K) Securities contain some restrictions as to public resale. These securities comply with Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, and are determined to be liquid. At April 30, 2007, the market value of these securities amounted to $4,832 or 1.36% of total net assets. The accompanying notes are an integral part of these financial statements. 186 - -------------------------------------------------------------------------------- + Listed on more than one exchange. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. FORWARD FOREIGN CURRENCY CONTRACTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED MARKET CONTRACT DELIVERY APPRECIATION DESCRIPTION TRANSACTION VALUE AMOUNT DATE (DEPRECIATION) - ----------- ----------- ------ -------- ---------- -------------- British Pound Sell $ 799 $ 796 05/01/2007 $(3) British Pound Sell 720 718 05/02/2007 (2) Euro Buy 3,369 3,657 05/02/2007 12 Euro Buy 1,373 1,373 05/04/2007 -- Hong Kong Dollars Sell 163 163 05/02/2007 -- Japanese Yen Sell 120 120 05/01/2007 -- Japanese Yen Sell 515 516 05/02/2007 1 Japanese Yen Sell 287 288 05/07/2007 1 South African Rand Sell 83 83 05/02/2007 -- Swedish Krona Sell 710 707 05/02/2007 (3) Swiss Francs Sell 362 362 05/02/2007 -- --- $ 6 ===
The accompanying notes are an integral part of these financial statements. 187 THE HARTFORD INTERNATIONAL SMALL COMPANY FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 96.2% AUSTRALIA -- 7.9% 110 Babcock & Brown Power (D)......................... $ 296 1,984 Centamin Egypt Ltd. (D)........................... 1,726 489 Centennial Coal Co., Ltd. (A)(G).................. 1,174 497 Challenger Financial Services Group Ltd. (A)(G)... 2,175 578 Dyno Nobel Ltd. (A)(G)............................ 1,155 1,362 Emeco Holdings Ltd. (A)........................... 2,114 64 Energy Resources of Australia Ltd. (A)(G)......... 1,338 308 Programmed Maintenance Services Ltd. (A)(G)....... 1,305 1,007 Resource Pacific Holdings Ltd. (D)(A)............. 1,466 453 Seek Ltd. (A)(G).................................. 2,772 965 Tower Australia Group Ltd. (D)(A)................. 2,063 437 Transurban Group (A)(G)........................... 2,917 132 Zinifex Ltd. (A)(G)............................... 1,804 -------- 22,305 -------- BELGIUM -- 2.6% 1 CFE (A)........................................... 2,189 6 D'ieteren S.A. (A)................................ 2,764 12 Umicore (A)(G).................................... 2,347 -------- 7,300 -------- BERMUDA -- 0.5% 214 Lancashire Holdings Ltd. (D)(A)................... 1,512 -------- BRAZIL -- 2.1% 191 Cyrela Brazil Realty S.A. ........................ 2,059 88 Dufry South America LTDA (D)...................... 1,668 118 Lupatech S.A. .................................... 2,198 -------- 5,925 -------- CANADA -- 0.3% 74 Lundin Mining Corp. (D)(G)........................ 934 -------- CHINA -- 0.5% 1,607 China Oilfield Services Ltd. (A)(G)............... 1,360 -------- DENMARK -- 2.7% 24 Carlsberg A/S Class B (A)......................... 2,684 35 Genmab A/S (D)(A)................................. 2,415 107 H. Lundbeck A/S (A)(G)............................ 2,563 -------- 7,662 -------- FINLAND -- 1.4% 51 Outotec Oyj (A)(G)................................ 2,193 57 Tietoenator Oyj (A)(G)............................ 1,794 -------- 3,987 -------- FRANCE -- 7.2% 26 BioMerieux S.A. (A)............................... 2,217 13 Cegedim S.A. (A).................................. 1,422 45 Ipsen (A)......................................... 2,396 36 Korian (D)(A)..................................... 1,874 407 Rhodia S.A. (D)(A)(G)............................. 1,663 120 S.O.I. Tec S.A. (D)(A)(G)......................... 2,807
MARKET SHARES VALUE (W) - --------- --------- FRANCE -- (CONTINUED) 21 Seche Environment (A)............................. $ 3,693 55 Zodiac S.A. (A)(G)................................ 4,258 -------- 20,330 -------- GERMANY -- 8.7% 30 AWD Holding AG (A)(G)............................. 1,509 48 Colonia Real Estate AG (D)(A)(G).................. 2,223 48 Colonia Real Estate AG-Rights..................... 156 25 Interhyp AG (D)(A)................................ 3,078 59 KarstadtQuelle AG (D)(A).......................... 2,258 108 Kontron AG (A)(G)................................. 1,985 31 MTU Aero Engines Holdings AG (A).................. 1,781 42 Praktiker Bau-Und Heimwerkermaerkte Holding AG (A)............................................. 1,744 44 Rhoen-Klinikum AG (A)............................. 2,614 11 Salzgitter AG (A)................................. 1,760 31 SGL Group (D)(A)(G)............................... 1,203 86 Symrise AG (D).................................... 2,524 51 Thielert AG (D)(A)(G)............................. 1,584 -------- 24,419 -------- GREECE -- 1.1% 231 Hellenic Technodomiki Tev S.A. (A)................ 3,175 -------- HONG KONG -- 3.8% 5,513 China Power International Development Ltd. (A)(G).......................................... 2,863 744 Cosco Pacific Ltd. (A)............................ 1,800 2,016 Far East Pharmaceutical Technology Co., Ltd. (A)(D)(H)(G)............... -- 983 Shangri-La Asia Ltd. (A).......................... 2,403 998 Shun Tak Holdings Ltd. (A)........................ 1,389 1,611 Techtronic Industries Co., Ltd. (A)(G)............ 2,138 -------- 10,593 -------- IRELAND -- 0.7% 138 Elan Corp. plc (D)(A)(G).......................... 1,897 -------- ITALY -- 5.0% 21 Ansaldo STS S.p.A. (D)(A)......................... 285 143 Antichi Pellettieri S.p.A. (D)(A)................. 1,959 124 Banco di Desio e della Brianza S.A. (A)........... 1,572 94 Brembo S.p.A. (A)................................. 1,440 307 Immobiliare Grande Distribuzione (A)(G)........... 1,728 27 Pirelli & C. Real Estate S.p.A. (A)(G)............ 2,055 275 Safilo Group S.p.A. (D)(A)........................ 1,705 673 Sorin S.p.A. (D)(A)(G)............................ 1,695 17 Tod's S.p.A. (A)(G)............................... 1,565 -------- 14,004 -------- JAPAN -- 22.0% 280 77 Bank Ltd. (A)(G)............................... 1,836 384 Daishi Bank Ltd. (A).............................. 1,627 18 Disco Corp. (A)................................... 1,112 523 Fuji Fire & Marine Insurance Co., Ltd. (A)(G)..... 2,148 227 Higo Bank Ltd. (A)................................ 1,589 218 Hitachi Metals Ltd. (A)(G)........................ 2,334
The accompanying notes are an integral part of these financial statements. 188 - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) JAPAN -- (CONTINUED) 24 Honeys Co., Ltd. (A)(G)........................... $ 1,019 96 Iino Kaiun Kaisha Ltd. (A)(G)..................... 1,150 34 Japan Petroleum Exploration Co., Ltd. (A)(G)...... 2,415 172 Japan Steel Works Ltd. (A)(G)..................... 2,028 4 Jupiter Telecommunications Co., Ltd. (D)(A)....... 3,289 1 KK DaVinci Advisors (D)(A)(G)..................... 1,496 62 Kobayashi Pharmaceutical Co., Ltd. (A)(G)......... 2,320 69 MEC Co., Ltd. (A)................................. 726 44 Milbon Co., Ltd. (A)(G)........................... 1,360 27 Musashino Bank Ltd. (A)........................... 1,465 310 Nachi-Fujikoshi Corp. (A)(G)...................... 1,656 87 Nok Corp. (A)..................................... 1,620 243 NTN Corp. (A)..................................... 2,016 56 OBIC Business Consultants Ltd. (A)(G)............. 3,292 15 OBIC Co., Ltd. (A)(G)............................. 2,830 46 Point, Inc. (A)(G)................................ 3,080 1 RISA Partners, Inc. (A)(G)........................ 2,015 156 Shionogi & Co., Ltd. (A)(G)....................... 3,042 926 Sumitomo Osaka Cement Co., Ltd. (A)(G)............ 2,700 50 Sysmex Corp. (A)(G)............................... 1,931 79 Taiyo Ink Manufacturing Co., Ltd. (A)............. 2,109 324 The Keiyo Bank Ltd. (A)........................... 1,855 44 Uni-Charm Corp. (A)(G)............................ 2,580 63 Union Tool Co. (A)(G)............................. 2,332 92 Yamaguchi Financial Group, Inc. (A)............... 1,155 -------- 62,127 -------- LIECHTENSTEIN -- 1.1% 12 Verwalt & Privat-Bank AG (A)...................... 3,109 -------- MALAYSIA -- 0.5% 2,288 Air Asia BHD (D)(A)............................... 1,292 -------- MEXICO -- 0.5% 365 Empresas ICA SAB de CV (D)........................ 1,439 -------- NETHERLANDS -- 3.1% 69 Koninklijke BAM Groep N.V. (A)(G)................. 1,831 95 Ordina N.V. (A)................................... 2,312 59 SBM Offshore N.V. (A)............................. 2,127 115 Spazio Investment N.V. ........................... 2,361 -------- 8,631 -------- NORWAY -- 0.5% 348 Eitzen Chemical ASA (D)(A)........................ 1,533 -------- PORTUGAL -- 0.7% 224 Mota -- Engil S.A. (A)............................ 1,859 -------- SINGAPORE -- 0.5% 1,468 Goodpack Ltd. (A)(G).............................. 1,543 --------
MARKET SHARES VALUE (W) - --------- --------- SOUTH KOREA -- 2.8% 7 Cheil Communications, Inc. (D)(A)................. $ 1,944 25 GS Engineering & Construction Corp. (A)........... 2,513 40 Hyundai Steel Co. (A)............................. 1,639 29 Mirea Asset Securities Co., Ltd. (A).............. 1,885 -------- 7,981 -------- SPAIN -- 1.0% 77 Prosegur Compania de Seguridad S.A. (A)(G)........ 2,889 -------- SWEDEN -- 3.1% 57 Boliden AB (A)(G)................................. 1,420 40 Munters AB (A)(G)................................. 1,950 176 Swedish Match AB (A)(G)........................... 3,249 69 Trelleborg AB (A)(G).............................. 2,113 -------- 8,732 -------- SWITZERLAND -- 2.4% 16 Bachem Holding AG Class B (A)..................... 1,339 30 Dufry Group (D)................................... 3,341 44 EFG International (D)(A).......................... 1,991 -------- 6,671 -------- TURKEY -- 0.8% 389 Asya Katilim Bankasi AS (D)(A)(G)................. 2,263 -------- UNITED KINGDOM -- 12.7% 40 Derwent London plc (A)............................ 1,696 509 Fenner plc (A).................................... 2,196 370 GCAP Media plc (A)................................ 1,615 1,443 Guinness Peat Group plc (A)(G).................... 2,518 52 Homeserve plc (A)................................. 1,835 223 Informa Group plc (A)............................. 2,629 27 Mapeley Ltd. (A).................................. 2,021 250 Mears Group plc (A)............................... 1,620 311 Meggitt plc (A)................................... 1,893 262 Morgan Crucible Co. plc (A)....................... 1,458 236 Petrofac Ltd. (A)................................. 2,071 190 Redrow plc (A).................................... 2,300 138 Slough Estates plc (A)............................ 2,111 10 Speedy Hire plc (A)............................... 235 245 Star Energy Group plc (D)(A)...................... 1,013 93 Ultra Electronics Holdings plc (A)................ 2,241 68 Vedanta Resources plc (A)......................... 1,852 58 Venture Production plc (D)(A)..................... 786 335 Wolfson Microelectronics plc (D)(A)............... 2,050 222 Workspace Group plc (A)........................... 2,001 -------- 36,141 -------- Total common stock (cost $242,042)................................. $271,613 --------
The accompanying notes are an integral part of these financial statements. 189 THE HARTFORD INTERNATIONAL SMALL COMPANY FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- SHORT-TERM INVESTMENTS -- 29.4% REPURCHASE AGREEMENTS -- 4.1% $ 3,890 Banc of America Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 3,890 1,441 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 1,441 45 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 45 1,931 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 1,931 4,409 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 4,409 -------- 11,716 -------- SHARES - --------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 25.3% CASH COLLATERAL REINVESTMENT FUND: 71,323 Navigator Prime Portfolio......................... 71,323 -------- Total short-term investments (cost $83,039).................................. $ 83,039 -------- Total investments in securities (cost $325,081) (C)............................. $354,652 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 96.25% of total net assets at April 30, 2007. (A)The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $252,911, which represents 89.62% of total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $325,789 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation......................... $33,830 Unrealized depreciation......................... (4,967) ------- Net unrealized appreciation..................... $28,863 =======
(D)Currently non-income producing. (G)Security is partially on loan at April 30, 2007. (H)The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.
PERIOD COST ACQUIRED SHARES/PAR SECURITY BASIS -------- ---------- -------- ----- 03/2004- Far East Pharmaceutical 05/2004 2,016 Technology Co., Ltd. $293
The aggregate value of these securities at April 30, 2007 rounds to zero. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. FORWARD FOREIGN CURRENCY CONTRACTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED MARKET CONTRACT DELIVERY APPRECIATION DESCRIPTION TRANSACTION VALUE AMOUNT DATE (DEPRECIATION) - ----------- ----------- ------ -------- ---------- -------------- Australian Dollar Buy $282 $282 05/01/2007 $-- Australian Dollar Buy 511 509 05/03/2007 2 British Pound Sell 63 63 05/01/2007 -- British Pound Sell 56 56 05/02/2007 -- British Pound Buy 462 462 05/03/2007 -- Euro Buy 282 282 05/03/2007 -- Euro Buy 685 685 05/04/2007 -- Hong Kong Dollars Sell 31 31 05/02/2007 -- Hong Kong Dollars Buy 269 269 05/03/2007 -- Japanese Yen Buy 674 679 05/01/2007 (5) Japanese Yen Buy 155 155 05/02/2007 -- Norwegian Krone Buy 24 25 05/04/2007 (1) --- $(4) ===
The accompanying notes are an integral part of these financial statements. 190 THE HARTFORD LARGECAP GROWTH FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 98.7% BASIC MATERIALS -- 1.7% 1 Carpenter Technology Corp. ....................... $ 67 1 E.I. DuPont de Nemours & Co. ..................... 62 1 Kimberly-Clark Corp. ............................. 60 ------- 189 ------- CAPITAL GOODS -- 6.8% 3 Applied Materials, Inc. .......................... 64 1 Boeing Co. ....................................... 122 1 Caterpillar, Inc. ................................ 93 1 Cummins, Inc. .................................... 92 2 Lam Research Corp. (D)............................ 99 2 Novellus Systems, Inc. (D)........................ 63 6 Teradyne, Inc. (D)................................ 111 1 United Technologies Corp. ........................ 98 ------- 742 ------- CONSUMER CYCLICAL -- 16.1% 1 Altria Group, Inc. ............................... 95 4 American Eagle Outfitters, Inc. .................. 115 2 AnnTaylor Stores Corp. (D)........................ 61 1 AutoZone, Inc. (D)................................ 74 3 CarMax, Inc. (D).................................. 72 2 Coach, Inc. (D)................................... 97 2 Dollar Tree Stores, Inc. (D)...................... 71 2 eBay, Inc. (D).................................... 75 1 J. C. Penney Co., Inc. ........................... 59 2 Kohl's Corp. (D).................................. 155 2 Newell Rubbermaid, Inc. .......................... 58 2 Nordstrom, Inc. .................................. 127 -- NVR, Inc. (D)..................................... 143 1 PACCAR, Inc. ..................................... 70 1 Polo Ralph Lauren Corp. .......................... 59 3 RadioShack Corp. ................................. 98 2 Ross Stores, Inc. ................................ 76 1 Target Corp. ..................................... 66 3 TJX Cos., Inc. ................................... 87 2 Wal-Mart Stores, Inc. ............................ 108 ------- 1,766 ------- CONSUMER STAPLES -- 5.3% 1 Anheuser-Busch Cos., Inc. ........................ 73 2 Campbell Soup Co. ................................ 64 1 Coca-Cola Co. .................................... 64 2 H.J. Heinz Co. ................................... 83 1 Kellogg Co. ...................................... 62 1 PepsiCo, Inc. .................................... 81 1 Procter & Gamble Co. ............................. 70 1 UST, Inc. ........................................ 84 ------- 581 ------- ENERGY -- 2.3% 1 Exxon Mobil Corp. ................................ 95 3 Halliburton Co. .................................. 88 1 XTO Energy, Inc. ................................. 72 ------- 255 -------
MARKET SHARES VALUE (W) - --------- --------- FINANCE -- 14.2% 2 Aetna, Inc. ...................................... $ 93 1 Affiliated Managers Group, Inc. (D)............... 87 1 Aflac, Inc. ...................................... 62 1 American Express Co. ............................. 78 5 Charles Schwab Corp. ............................. 95 2 Eaton Vance Corp. ................................ 68 1 First Marblehead Corp. ........................... 52 1 Franklin Resources, Inc. ......................... 85 -- Goldman Sachs Group, Inc. ........................ 75 3 Humana, Inc. (D).................................. 193 1 IntercontinentalExchange, Inc. (D)................ 102 -- Markel Corp. (D).................................. 61 2 Philadelphia Consolidated Holding Corp. (D)....... 95 1 Principal Financial Group, Inc. .................. 69 2 UnitedHealth Group, Inc. ......................... 126 2 Wellcare Health Plans, Inc. (D)................... 135 1 Wellpoint, Inc. (D)............................... 73 ------- 1,549 ------- HEALTH CARE -- 15.0% 2 Abbott Laboratories............................... 89 1 Allergan, Inc. ................................... 63 2 Amgen, Inc. (D)................................... 132 2 Barr Pharmaceuticals, Inc. (D).................... 74 1 Baxter International, Inc. ....................... 66 2 Coventry Health Care, Inc. (D).................... 140 1 Eli Lilly & Co. .................................. 67 4 Endo Pharmaceuticals Holdings, Inc. (D)........... 123 2 Forest Laboratories, Inc. (D)..................... 126 3 Johnson & Johnson................................. 167 1 Laboratory Corp. of America Holdings (D).......... 79 2 McKesson Corp. ................................... 139 2 Merck & Co., Inc. ................................ 117 1 Monsanto Co. ..................................... 86 3 Schering-Plough Corp. ............................ 98 1 Wyeth............................................. 72 ------- 1,638 ------- SERVICES -- 7.6% 2 Autodesk, Inc. (D)................................ 77 1 Cognizant Technology Solutions Corp. (D).......... 68 4 Comcast Corp. Class A (D)......................... 104 4 DirecTV Group, Inc. (D)........................... 88 2 EchoStar Communications Corp. Class A (D)......... 71 1 Moody's Corp. .................................... 99 4 News Corp. Class A................................ 90 1 Omnicom Group, Inc. .............................. 88 1 SEI Investments Co. .............................. 63 2 Walt Disney Co. .................................. 84 ------- 832 ------- TECHNOLOGY -- 26.3% 3 Altera Corp. (D).................................. 75 1 Apple, Inc. (D)................................... 123 5 BEA Systems, Inc. (D)............................. 59 4 BMC Software, Inc. (D)............................ 133 9 Cisco Systems, Inc. (D)........................... 245
The accompanying notes are an integral part of these financial statements. 191 THE HARTFORD LARGECAP GROWTH FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) TECHNOLOGY -- (CONTINUED) 6 Citizens Communications Co. ...................... $ 90 1 Danaher Corp. .................................... 73 3 Dolby Laboratories, Inc. Class A (D).............. 102 3 General Electric Co. ............................. 93 -- Google, Inc. (D).................................. 86 4 Hewlett-Packard Co. .............................. 184 5 Intel Corp. ...................................... 115 2 International Business Machines Corp. ............ 177 2 Intuit, Inc. (D).................................. 62 2 Lexmark International, Inc. ADR (D)............... 95 1 Lockheed Martin Corp. ............................ 114 4 McAfee, Inc. (D).................................. 135 2 MEMC Electronic Materials, Inc. (D)............... 87 2 Microchip Technology, Inc. ....................... 69 5 Microsoft Corp. .................................. 145 3 Network Appliance, Inc. (D)....................... 110 8 Oracle Corp. (D).................................. 159 2 Qualcomm, Inc. ................................... 84 2 Raytheon Co. ..................................... 92 5 Symantec Corp. (D)................................ 84 3 VeriSign, Inc. (D)................................ 78 ------- 2,869 ------- TRANSPORTATION -- 2.1% 3 AMR Corp. (D)..................................... 73 2 Continental Airlines, Inc. (D).................... 89 2 US Airways Group, Inc. (D)........................ 73 ------- 235 ------- UTILITIES -- 1.3% 3 AES Corp. (D)..................................... 72 1 Exelon Corp. ..................................... 71 ------- 143 ------- Total common stock (cost $10,297).................................. $10,799 ------- PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- SHORT-TERM INVESTMENTS -- 0.9% REPURCHASE AGREEMENTS -- 0.9% $29 BNP Paribas Securities Corp. Repurchase Agreement, 5.10%, 05/01/2007............................... $ 29 34 RBS Greenwich Capital Markets, 5.10%, 05/01/2007............................... 34 34 UBS Securities, Inc. Repurchase Agreement, 5.10%, 05/01/2007............................... 34 ------- Total short-term investments (cost $97)...................................... $ 97 ------- Total investments in securities (cost $10,394) (C).............................. $10,896 =======
(C)At April 30, 2007, the cost of securities for federal income tax purposes was $10,394 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation........................... $ 683 Unrealized depreciation........................... (181) ----- Net unrealized appreciation....................... $ 502 =====
(D)Currently non-income producing. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 192 THE HARTFORD MIDCAP FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- ---------- COMMON STOCK -- 100.2% BASIC MATERIALS -- 7.0% 1,240 Cameco Corp. ..................................... $ 57,818 238 Carlisle Cos., Inc. .............................. 9,797 1,814 Kingboard Chemical Holdings Ltd. (A).............. 8,452 661 Peabody Energy Corp. (G).......................... 31,705 191 Potash Corp. of Saskatchewan...................... 34,360 409 Precision Castparts Corp. ........................ 42,581 530 Teck Cominco Ltd. Class B......................... 40,311 ---------- 225,024 ---------- CAPITAL GOODS -- 4.0% 780 American Standard Cos., Inc. (G).................. 42,947 813 KLA-Tencor Corp. (G).............................. 45,140 325 Lam Research Corp. (D)(G)......................... 17,473 490 Toro Co. (G)...................................... 24,597 ---------- 130,157 ---------- CONSUMER CYCLICAL -- 19.2% 695 Abercrombie & Fitch Co. Class A................... 56,737 324 American Eagle Outfitters, Inc. (G)............... 9,535 205 BJ's Wholesale Club, Inc. (D)..................... 7,061 317 BorgWarner, Inc. (G).............................. 24,659 943 CarMax, Inc. (D)(G)............................... 23,510 269 Children's Place Retail Stores, Inc. (D)(G)....... 14,233 135 Crocs, Inc. (D)................................... 7,516 864 Cytyc Corp. (D)(G)................................ 30,421 436 Fastenal Co. (G).................................. 17,920 764 Foster Wheeler Ltd. (D)........................... 52,600 385 Gildan Activewear, Inc. (D)....................... 24,525 1,056 Li & Fung Ltd. (A)................................ 3,281 1,073 Newell Rubbermaid, Inc. .......................... 32,909 445 O'Reilly Automotive, Inc. (D)(G).................. 15,846 525 Oshkosh Truck Corp. (G)........................... 29,341 164 Paccar, Inc. (G).................................. 13,802 696 Patterson Cos., Inc. (D)(G)....................... 25,094 6,694 Peace Mark Holdings Ltd. (A)...................... 7,492 1,279 PetSmart, Inc. (G)................................ 42,453 465 Pool Corp. ....................................... 18,664 963 Saks, Inc. (G).................................... 20,169 1,708 Supervalu, Inc. (G)............................... 78,402 766 Tiffany & Co. (G)................................. 36,545 831 TRW Automotive Holdings Corp. (D)................. 30,793 ---------- 623,508 ---------- CONSUMER STAPLES -- 1.9% 606 Clorox Co. (G).................................... 40,671 923 Tyson Foods, Inc. Class A (G)..................... 19,352 ---------- 60,023 ---------- ENERGY -- 4.9% 865 GlobalSantaFe Corp. .............................. 55,298 430 Murphy Oil Corp. (G).............................. 23,828 463 Noble Energy, Inc. ............................... 27,253 391 Southwestern Energy Co. (D)....................... 16,435 1,101 Western Oil Sands, Inc. Class A (D)............... 35,755 ---------- 158,569 ----------
MARKET SHARES VALUE (W) - --------- ---------- FINANCE -- 13.6% 6,356 Aberdeen Asset Management plc (A)................. $ 27,683 477 Ambac Financial Group, Inc. (G)................... 43,743 470 Assurant, Inc. ................................... 27,062 98 Blackrock, Inc. (G)............................... 14,626 717 Commerce Bancorp, Inc. (G)........................ 23,973 3,055 Country Garden Holdings Co. (D)................... 2,753 1,219 E*Trade Financial Corp. (D)(G).................... 26,920 206 Everest Re Group Ltd. ............................ 20,732 442 Health Net, Inc. (D)(G)........................... 23,900 2,393 Hong Kong Exchanges & Clearing Ltd. (A)........... 22,797 1,087 Host Hotels & Resorts, Inc. (G)................... 27,870 632 State Street Corp. (G)............................ 43,525 941 T. Rowe Price Group, Inc. (G)..................... 46,743 1,704 UCBH Holdings, Inc. (G)........................... 30,606 1,352 Unum Group (G).................................... 33,633 516 Webster Financial Corp. (G)....................... 22,932 ---------- 439,498 ---------- HEALTH CARE -- 11.5% 660 Amylin Pharmaceuticals, Inc. (D)(G)............... 27,278 872 Barr Pharmaceuticals, Inc. (D)(G)................. 42,151 386 Cephalon, Inc. (D)(G)............................. 30,739 702 Charles River Laboratories International, Inc. (D)(G).......................................... 33,223 614 Dade Behring Holdings, Inc. ...................... 30,144 448 Eisai Co., Ltd. (A)............................... 21,278 728 Elan Corp. plc ADR (D)............................ 10,109 977 Manor Care, Inc. (G).............................. 63,390 459 Respironics, Inc. (D)............................. 18,697 1,179 Shionogi & Co., Ltd. (A).......................... 22,976 624 St. Jude Medical, Inc. (D)(G)..................... 26,714 505 Universal Health Services, Inc. Class B (G)....... 30,669 484 Vertex Pharmaceuticals, Inc. (D)(G)............... 14,875 ---------- 372,243 ---------- SERVICES -- 19.2% 534 Alliance Data Systems Corp. (D)(G)................ 34,001 1,949 Allied Waste Industries, Inc. (D)(G).............. 26,051 465 Apollo Group, Inc. Class A (D).................... 22,009 724 Autodesk, Inc. (D)(G)............................. 29,867 1,575 BISYS Group, Inc. (D)(G).......................... 18,224 397 C.H. Robinson Worldwide, Inc. (G)................. 21,240 1,060 Cablevision Systems Corp. (D)..................... 34,730 1,897 Cadence Design Systems, Inc. (D)(G)............... 42,102 344 Cognizant Technology Solutions Corp. (D).......... 30,745 1,420 Equifax, Inc. (D)(G).............................. 56,512 377 Fluor Corp. (G)................................... 36,039 481 Focus Media Holding Ltd. ADR (D)(G)............... 17,782 279 ITT Educational Services, Inc. (D)................ 27,141 576 Manpower, Inc. ................................... 46,184 1,273 MoneyGram International, Inc. (G)................. 36,200 631 Monster Worldwide, Inc. (D)(G).................... 26,538 1,715 Republic Services, Inc. .......................... 47,890 916 Robert Half International, Inc. (G)............... 30,503
The accompanying notes are an integral part of these financial statements. 193 THE HARTFORD MIDCAP FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- ---------- COMMON STOCK -- (CONTINUED) SERVICES -- (CONTINUED) 129 Strayer Education, Inc. .......................... $ 16,090 402 Weight Watchers International, Inc. .............. 19,292 ---------- 619,140 ---------- TECHNOLOGY -- 12.2% 2,180 Activision, Inc. (D)(G)........................... 43,590 2,331 Altera Corp. (D)(G)............................... 52,545 317 American Reprographics Co. LLC (D)(G)............. 10,531 1,151 American Tower Corp. Class A (D)(G)............... 43,750 676 Beckman Coulter, Inc. (G)......................... 42,441 683 Linear Technology Corp. (G)....................... 25,558 470 MEMC Electronic Materials, Inc. (D)............... 25,788 1,511 Network Appliance, Inc. (D)....................... 56,217 230 NII Holdings, Inc. Class B (D)(G)................. 17,622 469 Rockwell Collins, Inc. ........................... 30,806 461 Roper Industries, Inc. (G)........................ 25,860 2,670 Sonus Networks, Inc. (D)(G)....................... 20,638 ---------- 395,346 ---------- TRANSPORTATION -- 2.5% 279 Expeditors International of Washington, Inc. (G)............................................. 11,671 1,321 J.B. Hunt Transport Services, Inc. (G)............ 35,757 705 Landstar System, Inc. (G)......................... 34,049 ---------- 81,477 ---------- UTILITIES -- 4.2% 1,543 Northeast Utilities (G)........................... 49,631 678 NRG Energy, Inc. (D)(G)........................... 53,495 610 PNM Resources, Inc. (G)........................... 19,846 339 Suntech Power Holdings Co., Ltd. ADR (D)(G)....... 12,292 ---------- 135,264 ---------- Total common stock (cost $2,600,663)............................... $3,240,249 ---------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 18.2% REPURCHASE AGREEMENTS -- 0.3% $ 3,127 Banc of America TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 3,127 1,158 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 1,158 36 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 36
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- ---------- REPURCHASE AGREEMENTS -- 0.3% -- (CONTINUED) $ 1,552 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 1,552 3,544 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 3,544 ---------- 9,417 ---------- SHARES - --------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 17.9% CASH COLLATERAL REINVESTMENT FUND: 578,128 Mellon GSL DBTII Collateral Fund.................. 578,097 ---------- Total short-term investments (cost $587,514)................................. $ 587,514 ---------- Total investments in securities (cost $3,188,177) (C)........................... $3,827,763 ==========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 9.21% of total net assets at April 30, 2007. (A) The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $113,959, which represents 3.52% of total net assets. (C) At April 30, 2007, the cost of securities for federal income tax purposes was $3,189,968 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation........................ $654,788 Unrealized depreciation........................ (16,992) -------- Net unrealized appreciation.................... $637,796 ========
(D) Currently non-income producing. (G) Security is partially on loan at April 30, 2007. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. FORWARD FOREIGN CURRENCY CONTRACTS OUTSTANDING AT APRIL 30, 2007
MARKET CONTRACT DELIVERY UNREALIZED DESCRIPTION TRANSACTION VALUE AMOUNT DATE APPRECIATION ----------- ----------- ------ -------- ---------- ------------ Hong Kong Dollars Buy $1,767 $1,768 05/02/2007 $(1) Hong Kong Dollars Buy 2,478 2,478 05/03/2007 -- Japanese Yen Sell 1,827 1,840 05/01/2007 13 Japanese Yen Sell 2,996 2,998 05/02/2007 2 Japanese Yen Sell 4,622 4,637 05/07/2007 15 --- $29 ===
The accompanying notes are an integral part of these financial statements. 194 THE HARTFORD MIDCAP GROWTH FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 98.9% BASIC MATERIALS -- 7.7% 1 Airgas, Inc. ..................................... $ 63 1 Ball Corp. ....................................... 54 2 Cabot Corp. ...................................... 98 -- Carpenter Technology Corp. ....................... 52 4 Celanese Corp. ................................... 118 2 Church & Dwight Co., Inc. ........................ 76 7 Domtar Corp. (D).................................. 66 4 Goodyear Tire & Rubber Co. (D).................... 116 2 International Flavors & Fragrances, Inc. ......... 80 1 PPG Industries, Inc. ............................. 99 1 Precision Castparts Corp. ........................ 54 2 Rohm & Haas Co. .................................. 81 2 Sealed Air Corp. ................................. 76 1 Southern Copper Corp. ............................ 66 5 Timken Co. ....................................... 163 3 USG Corp. (D)..................................... 136 4 Valhi, Inc. ...................................... 60 ------- 1,458 ------- CAPITAL GOODS -- 4.2% 1 Cummins, Inc. .................................... 76 2 International Game Technology..................... 70 2 Joy Global, Inc. ................................. 79 2 Manitowoc Co., Inc. .............................. 113 1 National Oilwell Varco, Inc. (D).................. 66 2 Novellus Systems, Inc. (D)........................ 74 2 Pall Corp. ....................................... 69 1 Rockwell Automation, Inc. ........................ 66 7 Teradyne, Inc. (D)................................ 115 1 Terex Corp. (D)................................... 73 ------- 801 ------- CONSUMER CYCLICAL -- 16.5% 4 American Eagle Outfitters, Inc. .................. 114 1 AutoZone, Inc. (D)................................ 97 2 Avnet, Inc. (D)................................... 95 7 CarMax, Inc. (D).................................. 166 3 Coach, Inc. (D)................................... 150 2 D.R. Horton, Inc. ................................ 47 2 Dick's Sporting Goods, Inc. (D)................... 104 5 Dollar Tree Stores, Inc. (D)...................... 191 3 Family Dollar Stores, Inc. ....................... 102 8 GameStop Corp. Class A (D)........................ 259 2 J. C. Penney Co., Inc. ........................... 122 2 Kroger Co. ....................................... 49 1 MDC Holdings, Inc. ............................... 73 4 Nalco Holding Co. ................................ 94 5 Newell Rubbermaid, Inc. .......................... 159 4 Nordstrom, Inc. .................................. 242 -- NVR, Inc. (D)..................................... 132 1 PACCAR, Inc. ..................................... 99 3 PetSmart, Inc. ................................... 93 1 Polo Ralph Lauren Corp. .......................... 91 6 RadioShack Corp. ................................. 182 4 Ross Stores, Inc. ................................ 126
MARKET SHARES VALUE (W) - --------- --------- CONSUMER CYCLICAL -- (CONTINUED) 3 Scotts Miracle-Gro Co. Class A.................... $ 121 2 Sherwin-Williams Co. ............................. 98 2 TJX Cos., Inc. ................................... 68 1 Yum! Brands, Inc. ................................ 69 ------- 3,143 ------- CONSUMER STAPLES -- 3.4% 2 Avon Products, Inc. .............................. 76 2 Campbell Soup Co. ................................ 74 3 H.J. Heinz Co. ................................... 145 2 McCormick & Co., Inc. ............................ 62 6 Sally Beauty Co., Inc. (D)........................ 61 3 UST, Inc. ........................................ 171 1 William Wrigley, Jr. Co. ......................... 55 ------- 644 ------- ENERGY -- 7.0% 1 ENSCO International, Inc. ........................ 80 2 Frontier Oil Corp. ............................... 69 2 Global Industries (D)............................. 49 2 Helix Energy Solutions Group, Inc. (D)............ 78 3 Helmerich & Payne, Inc. .......................... 92 6 Patterson-UTI Energy, Inc. ....................... 137 2 Plains Exploration & Production Co. (D)........... 101 4 Pride International, Inc. (D)..................... 139 3 Rowan Companies, Inc. ............................ 97 2 St. Mary Land & Exploration Co. .................. 57 1 Sunoco, Inc. ..................................... 91 3 Unit Corp. (D).................................... 152 3 W&T Offshore, Inc. ............................... 91 3 Williams Cos., Inc. .............................. 94 ------- 1,327 ------- FINANCE -- 14.9% -- Affiliated Managers Group, Inc. (D)............... 58 4 CB Richard Ellis Group, Inc. Class A (D).......... 122 1 Developers Diversified Realty Corp. .............. 48 4 Eaton Vance Corp. ................................ 138 1 Federal Realty Investment Trust................... 105 2 Federated Investors, Inc. ........................ 60 5 First Marblehead Corp. ........................... 179 5 Humana, Inc. (D).................................. 297 1 Jones Lang LaSalle, Inc. ......................... 99 1 Macerich Co. ..................................... 131 -- Markel Corp. (D).................................. 94 1 Mastercard, Inc. ................................. 97 2 Nuveen Investments, Inc. Class A.................. 115 1 Nymex Holdings, Inc. (D).......................... 73 1 NYSE Euronext (D)................................. 69 3 Philadelphia Consolidated Holding Corp. (D)....... 111 1 Public Storage, Inc. ............................. 77 1 SL Green Realty Corp. ............................ 124 2 T. Rowe Price Group, Inc. ........................ 91 3 Taubman Centers, Inc. ............................ 163 3 Ventas, Inc. ..................................... 145
The accompanying notes are an integral part of these financial statements. 195 THE HARTFORD MIDCAP GROWTH FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) FINANCE -- (CONTINUED) 2 Weingarten Realty Investments..................... $ 108 4 Wellcare Health Plans, Inc. (D)................... 340 ------- 2,844 ------- HEALTH CARE -- 8.1% 2 Amerisource Bergen Corp. ......................... 106 3 Barr Pharmaceuticals, Inc. (D).................... 130 3 Coventry Health Care, Inc. (D).................... 175 1 Edwards Lifesciences Corp. (D).................... 58 8 Endo Pharmaceuticals Holdings, Inc. (D)........... 232 3 Forest Laboratories, Inc. (D)..................... 166 1 Hospira, Inc. (D)................................. 52 6 ImClone Systems, Inc. (D)......................... 253 4 Inverness Medical Innovation (D).................. 160 1 Kinetic Concepts, Inc. (D)........................ 53 1 Laboratory Corp. of America Holdings (D).......... 88 3 Mylan Laboratories, Inc. ......................... 75 ------- 1,548 ------- SERVICES -- 13.1% 3 Autodesk, Inc. (D)................................ 126 14 Avaya, Inc. (D)................................... 182 2 Clear Channel Outdoor Holdings, Inc. (D).......... 59 1 Cognizant Technology Solutions Corp. (D).......... 79 2 Convergys Corp. (D)............................... 55 1 Corrections Corp. of America (D).................. 78 2 DreamWorks Animation SKG, Inc. (D)................ 54 1 DST Systems, Inc. (D)............................. 101 2 EchoStar Communications Corp. Class A (D)......... 86 6 Electronic Data Systems Corp. .................... 172 3 Expedia, Inc. (D)................................. 68 1 Express Scripts, Inc. (D)......................... 63 2 Factset Research Systems, Inc. ................... 119 2 Harsco Corp. ..................................... 84 2 Hilton Hotels Corp. .............................. 68 12 iGate Corp. (D)................................... 85 4 Interpublic Group of Co., Inc. (D)................ 51 1 ITT Educational Services, Inc. (D)................ 56 1 Lamar Advertising Co. ............................ 57 2 Liberty Global, Inc. (D).......................... 65 3 Liberty Media -- Interactive A (D)................ 78 1 MGM Mirage, Inc. (D).............................. 99 2 Paychex, Inc. .................................... 58 2 Pediatrix Medical Group, Inc. (D)................. 111 2 SEI Investments Co. .............................. 138 1 Stericycle, Inc. (D).............................. 94 5 URS Corp. (D)..................................... 209 ------- 2,495 ------- TECHNOLOGY -- 20.5% 7 Altera Corp. (D).................................. 156 3 American Tower Corp. Class A (D).................. 109
MARKET SHARES VALUE (W) - --------- --------- TECHNOLOGY -- (CONTINUED) 2 AMETEK, Inc. ..................................... $ 63 3 Amphenol Corp. Class A............................ 97 4 Applera Corp. -- Applied Biosystems Group......... 137 6 AVX Corp. ........................................ 100 9 BEA Systems, Inc. (D)............................. 100 6 BMC Software, Inc. (D)............................ 193 6 CA, Inc. ......................................... 155 2 Dentsply International, Inc. ..................... 50 4 Dolby Laboratories, Inc. Class A (D).............. 145 2 IAC/Interactive Corp. (D)......................... 68 3 Intuit, Inc. (D).................................. 85 3 Juniper Networks, Inc. (D)........................ 63 1 L-3 Communications Holdings, Inc. ................ 70 3 Lexmark International, Inc. ADR (D)............... 173 4 McAfee, Inc. (D).................................. 117 4 MEMC Electronic Materials, Inc. (D)............... 244 1 Mettler-Toledo International, Inc. (D)............ 113 2 Microchip Technology, Inc. ....................... 65 5 National Semiconductor Corp. ..................... 120 2 NCR Corp. (D)..................................... 98 2 Network Appliance, Inc. (D)....................... 82 4 Rambus, Inc. (D).................................. 70 1 Rockwell Collins, Inc. ........................... 89 2 SBA Communications Corp. (D)...................... 60 4 Telephone and Data Systems, Inc. ................. 245 4 Total System Services, Inc. ...................... 121 4 Trimble Navigation Ltd. (D)....................... 100 2 U.S. Cellular Corp. (D)........................... 154 2 VeriSign, Inc. (D)................................ 64 3 Waters Corp. (D).................................. 170 2 WebMD Health Corp. (D)............................ 96 4 Xilinx, Inc. ..................................... 121 ------- 3,893 ------- TRANSPORTATION -- 1.4% 3 AMR Corp. (D)..................................... 83 3 Continental Airlines, Inc. (D).................... 94 2 Harley-Davidson, Inc. ............................ 98 ------- 275 ------- UTILITIES -- 2.1% 1 Constellation Energy Group, Inc. ................. 75 6 El Paso Corp. .................................... 82 3 NRG Energy, Inc. (D).............................. 242 ------- 399 ------- Total common stock (cost $18,443).................................. $18,827 -------
The accompanying notes are an integral part of these financial statements. 196 - --------------------------------------------------------------------------------
PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 0.7% REPURCHASE AGREEMENTS -- 0.7% $37 BNP Paribas Securities Corp. Repurchase Agreement, 5.10%, 05/01/2007............................... $ 37 43 RBS Greenwich Repurchase Agreement, 5.10%, 05/01/2007............................... 43 44 UBS Securities, Inc. Repurchase Agreement, 5.10%, 05/01/2007............................... 44 ------- 124 ------- Total short-term investments (cost $124)..................................... $ 124 ------- Total investments in securities (cost $18,567) (C).............................. $18,951 =======
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $18,600 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation........................... $ 651 Unrealized depreciation........................... (300) ----- Net unrealized appreciation....................... $ 351 =====
(D)Currently non-income producing. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 197 THE HARTFORD MIDCAP VALUE FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 98.6% BASIC MATERIALS -- 12.0% 84 Arch Coal, Inc. .................................. $ 3,015 100 Carlisle Cos., Inc. .............................. 4,135 211 Celanese Corp. ................................... 6,992 26 Century Aluminum Co. (D).......................... 1,211 481 Chemtura Corp. ................................... 5,303 69 Cleveland-Cliffs, Inc. ........................... 4,781 133 Cytec Industries, Inc. ........................... 7,280 69 FMC Corp. ........................................ 5,277 158 Mueller Water Products, Inc. Class B (G).......... 2,268 246 Owens-Illinois, Inc. (D).......................... 7,405 98 Shaw Group, Inc. (D).............................. 3,162 193 UAP Holding Corp. (G)............................. 5,346 -------- 56,175 -------- CAPITAL GOODS -- 12.7% 108 AGCO Corp. (D)(G)................................. 4,515 72 Alliant Techsystems, Inc. (D)(G).................. 6,743 110 American Standard Cos., Inc. ..................... 6,068 26 Black & Decker Corp. ............................. 2,322 238 Goodrich Corp. ................................... 13,539 97 Kennametal, Inc. ................................. 6,823 121 Toro Co. ......................................... 6,060 196 Varian Semiconductor Equipment Associates, Inc. (D)(G).......................................... 12,977 -------- 59,047 -------- CONSUMER CYCLICAL -- 8.8% 76 American Axle & Manufacturing Holdings, Inc. (G)............................................. 2,116 62 BorgWarner, Inc. (G).............................. 4,823 263 Circuit City Stores, Inc. (G)..................... 4,581 165 Copart, Inc. (D).................................. 4,770 302 Foot Locker, Inc. ................................ 7,187 30 MDC Holdings, Inc. ............................... 1,548 36 Newell Rubbermaid, Inc. .......................... 1,101 163 Ruby Tuesday, Inc. ............................... 4,349 46 TRW Automotive Holdings Corp. (D)(G).............. 1,697 103 United Stationers, Inc. (D)....................... 6,137 96 Walter Industries (G)............................. 2,844 -------- 41,153 -------- CONSUMER STAPLES -- 4.2% 118 Bunge Ltd. Finance Corp. ......................... 8,917 5,034 Marine Harvest (D)(A)............................. 5,376 70 Smithfield Foods, Inc. (D)(G)..................... 2,125 159 Tyson Foods, Inc. Class A......................... 3,326 -------- 19,744 -------- ENERGY -- 4.0% 168 Brasil EcoDiesel Industria ADR (D)................ 769 314 Brasil EcoDiesel Industria (D) (I)................ 1,438 157 Newfield Exploration Co. (D)...................... 6,851 94 Noble Energy, Inc. ............................... 5,540 145 UGI Corp. ........................................ 4,101 -------- 18,699 --------
MARKET SHARES VALUE (W) - --------- --------- FINANCE -- 17.3% 45 Affiliated Managers Group, Inc. (D)(G)............ $ 5,282 92 AMBAC Financial Group, Inc. ...................... 8,409 122 CIT Group, Inc. .................................. 7,283 26 City National Corp. .............................. 1,882 123 Commerce Bancorp, Inc. (G)........................ 4,116 258 E*Trade Financial Corp. (D)....................... 5,703 59 Everest Re Group Ltd. ............................ 5,968 249 Genesis Lease Ltd. ............................... 6,718 212 Huntington Bancshares, Inc. (G)................... 4,700 265 KKR Financial Corp. (G)........................... 7,067 145 Platinum Underwriters Holdings Ltd. .............. 4,952 112 Reinsurance Group of America, Inc. (G)............ 6,971 31 UnionBanCal Corp. ................................ 1,894 210 Unum Group........................................ 5,235 97 Webster Financial Corp. .......................... 4,289 -------- 80,469 -------- HEALTH CARE -- 7.4% 182 Barr Pharmaceuticals, Inc. (D).................... 8,797 118 Cooper Co., Inc. (G).............................. 6,030 225 Endo Pharmaceuticals Holdings, Inc. (D)........... 6,949 536 Impax Laboratories, Inc. (D)...................... 5,414 227 Theravance, Inc. (D).............................. 7,530 -------- 34,720 -------- SERVICES -- 11.8% 189 Avis Budget Group, Inc. .......................... 5,322 497 BearingPoint, Inc. (D)(G)......................... 3,647 47 Cablevision Systems Corp. (D)..................... 1,531 114 CACI International, Inc. Class A (D).............. 5,195 194 Entercom Communications Corp. .................... 5,368 195 IMS Health, Inc. ................................. 5,719 193 R.H. Donnelley Corp. (D)(G)....................... 15,101 167 R.R. Donnelley & Sons Co. ........................ 6,729 256 Unisys Corp. (D).................................. 2,009 107 URS Corp. (D)..................................... 4,654 -------- 55,275 -------- TECHNOLOGY -- 13.2% 283 Arrow Electronics, Inc. (D)....................... 11,164 497 Cinram International Income Fund.................. 11,166 85 Embarq Corp. ..................................... 5,103 322 Fairchild Semiconductor International, Inc. (D)... 5,674 543 Flextronics International Ltd. (D)................ 6,050 64 NCR Corp. (D)..................................... 3,216 118 Powerwave Technologies, Inc. (D)(G)............... 738 255 QLogic Corp. (D).................................. 4,565 182 Solar Cayman Ltd. (A)(D)(H)....................... 2,733 156 Syniverse Holdings, Inc. (D)...................... 1,610 139 Tektronix, Inc. .................................. 4,088 208 Virgin Media, Inc. ............................... 5,248 -------- 61,355 --------
The accompanying notes are an integral part of these financial statements. 198 - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) TRANSPORTATION -- 1.9% 85 Trinity Industries, Inc. (G)...................... $ 3,942 147 UAL Corp. (D)(G).................................. 4,910 -------- 8,852 -------- UTILITIES -- 5.3% 193 Northeast Utilities (G)........................... 6,196 241 PPL Corp. ........................................ 10,505 43 SBM Offshore N.V. (A)............................. 1,542 129 Wisconsin Energy Corp. (G)........................ 6,288 -------- 24,533 -------- Total common stock (cost $359,211)................................. $460,020 -------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 15.7% REPURCHASE AGREEMENTS -- 1.0% $ 1,616 Banc of America TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 1,616 598 BNP Paribas Security Corp. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 598 19 Deutsche Bank Securities Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 19 802 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 802 1,831 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 1,831 -------- 4,866 -------- SHARES - --------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 14.7% CASH COLLATERAL REINVESTMENT FUND: 68,417 Mellon GSL DBTII Collateral Fund.................. 68,413 -------- Total short-term investments (cost $73,279).................................. $ 73,279 -------- Total investments in securities (cost $432,490) (C)............................. $533,299 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 5.79% of total net assets at April 30, 2007. (A) The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $9,651, which represents 2.01% of total net assets. (C) At April 30, 2007, the cost of securities for federal income tax purposes was $432,739 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation........................ $106,053 Unrealized depreciation........................ (5,493) -------- Net unrealized appreciation.................... $100,560 ========
(D) Currently non-income producing. (G) Security is partially on loan at April 30, 2007. (H) The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.
PERIOD ACQUIRED SHARES/PAR SECURITY COST BASIS -------- ---------- -------- ---------- 03/2007 182 Solar Cayman Ltd. $2,733
The aggregate value of these securities at April 30, 2007 was $2,733, which represents 0.59% of total net assets. (I) Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at April 30, 2007, was $1,438, which represents 0.31% of total net assets. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 199 THE HARTFORD MONEY MARKET FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MATURITY MARKET AMOUNT YIELD DATE VALUE (W) - --------- ----- ---------- --------- CONSUMER STAPLES -- 1.1% $3,100 ALCOA, Inc........................................ 5.32% 07/11/2007 $ 3,068 FINANCE -- 98.8% 3,200 American Express Credit Corp...................... 5.26% 06/15/2007 3,179 3,500 American Express Credit Corp. (L)................. 5.32% 06/12/2007 3,500 3,500 American General Finance Corp. (L)................ 5.41% 06/08/2007 3,500 3,600 American Honda Finance Corp....................... 5.24% 05/10/2007 3,595 3,500 American Honda Finance Corp. (I)(L)............... 5.33% 08/08/2007 3,500 4,600 Amsterdam Funding Corp............................ 5.25% 05/04/2007 4,598 4,750 Amsterdam Funding Corp............................ 5.28% 06/07/2007 4,724 3,500 Bank of America Corp.............................. 5.28% 07/20/2007 3,459 3,300 Bank of America Corp. (L)......................... 5.32% 05/15/2007 3,337 3,500 Bank of America Corp. (L)......................... 5.36% 11/08/2007 3,500 4,250 Barton Capital Corp............................... 5.24% 05/11/2007 4,244 5,150 Barton Capital Corp............................... 5.27% 05/21/2007 5,135 1,395 Barton Capital Corp............................... 5.30% 05/01/2007 1,395 3,000 Bear Stearns & Co., Inc. (L)...................... 5.31% 05/13/2008 3,000 2,900 Bear Stearns & Co., Inc. (L)...................... 5.32% 06/29/2007 2,912 3,000 Bradford & Bingley plc............................ 5.26% 05/02/2007 3,000 3,250 Bradford & Bingley plc............................ 5.28% 05/22/2007 3,240 3,100 Britannia Building Society........................ 5.28% 05/31/2007 3,087 4,700 Cafco LLC (I)..................................... 5.25% 05/30/2007 4,680 4,700 Cafco LLC......................................... 5.26% 05/07/2007 4,696 6,000 Caterpillar Financial Services Corp. (L).......... 5.37% 07/27/2007 6,000 3,000 Citibank NA (L)................................... 5.29% 06/14/2007 3,000 3,550 Citibank NA....................................... 5.32% 05/16/2007 3,550 3,500 Citigroup Funding, Inc............................ 5.31% 08/27/2007 3,440 3,100 Countrywide Financial Corp........................ 5.32% 05/17/2007 3,093 3,100 Countrywide Financial Corp........................ 5.32% 05/29/2007 3,087 3,000 Danske Bank (I)(L)................................ 5.29% 05/19/2008 3,000 3,000 General Electric Capital Corp..................... 5.24% 05/24/2007 2,990 4,200 General Electric Capital Corp..................... 5.25% 05/29/2007 4,183 2,600 General Electric Capital Corp. (L)................ 5.28% 05/23/2008 2,600 3,670 Goldman Sachs Group............................... 5.28% 07/26/2007 3,624 3,500 Goldman Sachs Group............................... 5.29% 07/13/2007 3,463 3,000 HBOS Treasury Services plc........................ 5.25% 05/08/2007 2,997 3,560 HBOS Treasury Services plc (I)(L)................. 5.31% 05/08/2008 3,560 3,200 HSBC Finance Corp................................. 5.25% 05/18/2007 3,192 3,500 HSBC Finance Corp. (L)............................ 5.33% 04/04/2008 3,500 3,100 JP Morgan Chase & Co.............................. 5.28% 06/19/2007 3,078 3,300 JP Morgan Chase & Co.............................. 5.28% 06/20/2007 3,276 3,800 JP Morgan Chase & Co. (L)......................... 5.29% 05/02/2008 3,800
PRINCIPAL MATURITY MARKET AMOUNT YIELD DATE VALUE (W) - --------- ----- ---------- --------- FINANCE -- (CONTINUED) $6,000 Lehman Brothers Holdings, Inc. (L)................ 5.46% 05/31/2007 $ 6,000 3,000 Merrill Lynch & Co., Inc. (L)..................... 5.30% 05/23/2008 3,000 3,100 Merrill Lynch & Co., Inc. (L)..................... 5.36% 05/29/2007 3,100 3,300 Morgan Stanley (L)................................ 5.31% 06/26/2007 3,302 3,300 Morgan Stanley (L)................................ 5.31% 08/30/2007 3,300 3,200 Morgan Stanley (L)................................ 5.38% 11/29/2007 3,200 3,400 Nationwide Building Society (I)................... 5.26% 05/14/2007 3,394 3,400 Nationwide Building Society (I)................... 5.26% 06/14/2007 3,379 3,300 Nordea Bank Ab (I)(L)............................. 5.31% 05/08/2008 3,300 3,900 Nordea North America.............................. 5.29% 07/06/2007 3,863 3,300 Northern Rock plc................................. 5.25% 05/14/2007 3,294 3,600 Northern Rock plc................................. 5.30% 07/11/2007 3,563 5,000 Old Line Funding LLC (I).......................... 5.28% 05/21/2007 4,985 4,400 Old Line Funding LLC.............................. 5.29% 05/08/2007 4,395 4,750 Sheffield Receivables............................. 5.27% 05/07/2007 4,746 4,750 Sheffield Receivables............................. 5.28% 06/13/2007 4,720 2,970 Skandinaviska Enskilda Bank NY (I)(L)............. 5.28% 07/19/2007 2,975 3,400 Skandinaviska Enskilda Bank NY (I)(L)............. 5.32% 05/08/2008 3,400 3,400 Svenska Handelsbanken Ab.......................... 5.24% 05/02/2007 3,400 3,200 Svenska Handelsbanken Ab (L)...................... 5.24% 05/09/2007 3,200 3,000 Svenska Handelsbanken Ab (I)(L)................... 5.29% 05/13/2008 3,000 3,300 Swedbank.......................................... 5.24% 05/03/2007 3,299 3,250 Swedbank.......................................... 5.24% 05/25/2007 3,239 3,000 Toyota Motor Credit Corp.......................... 5.27% 07/25/2007 2,963 7,000 Toyota Motor Credit Corp. (L)..................... 5.28% 09/24/2007 7,000 4,737 Triple A-1 Funding................................ 5.28% 05/09/2007 4,732 2,729 Triple A-1 Funding................................ 5.29% 05/08/2007 2,726 3,000 UBS Finance LLC................................... 5.27% 08/06/2007 2,958 3,800 UBS Finance LLC................................... 5.29% 07/23/2007 3,754 3,250 UBS Finance LLC................................... 5.30% 08/30/2007 3,193 3,600 Wachovia Bank NA (L).............................. 5.31% 09/28/2007 3,600 3,320 Washington Mutual Bank (L)........................ 5.34% 08/24/2007 3,322 3,000 Wells Fargo & Co. (L)............................. 5.28% 04/18/2008 3,000 3,100 Westpac Banking Corp. (I)......................... 5.24% 05/01/2007 3,100 3,200 Westpac Banking Corp. (I)......................... 5.28% 08/02/2007 3,157 3,400 Westpac Banking Corp. (I)(L)...................... 5.31% 05/16/2008 3,400 4,700 Yorktown Capital.................................. 5.28% 05/11/2007 4,693 4,700 Yorktown Capital.................................. 5.29% 05/15/2007 4,690 -------- $278,056 -------- Total investments in securities (cost $281,124) (C)............................. $281,124 ========
The accompanying notes are an integral part of these financial statements. 200 - -------------------------------------------------------------------------------- Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 8.04% of total net assets at April 30, 2007. (C) Also represents cost for tax purposes. (I) Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at April 30, 2007, was $48,830, which represents 17.35% of total net assets. (L)Variable rate securities; the yield reported is the rate in effect at April 30, 2007. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 201 THE HARTFORD RETIREMENT INCOME FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007(UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - ------ --------- AFFILIATED INVESTMENT COMPANIES -- 96.1% EQUITY FUNDS -- 30.6% 3 Hartford Capital Appreciation Fund, Class Y....... $ 120 1 Hartford Global Leaders Fund, Class Y............. 25 2 Hartford Growth Opportunities Fund, Class Y....... 64 2 Hartford International Opportunities Fund, Class Y............................................... 29 2 Hartford International Small Company Fund, Class Y............................................... 29 2 Hartford Select Midcap Value Fund, Class Y........ 26 2 Hartford Small Company Fund, Class Y.............. 38 11 Hartford Value Fund, Class Y...................... 149 ------ Total equity funds (cost $452)..................................... $ 480 ------ FIXED INCOME FUNDS -- 65.5% 11 Hartford Floating Rate Fund, Class Y.............. 112 16 Hartford Income Fund, Class Y..................... 166 18 Hartford Inflation Plus Fund, Class Y............. 188 37 Hartford Short Duration Fund, Class Y............. 367 18 Hartford Total Return Bond Fund, Class Y.......... 192 ------ Total fixed income funds (cost $1,018)................................... $1,025 ------ Total investments in affiliated investment companies (cost $1,470) (C)............................... $1,505 ======
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $1,471 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation............................. $34 Unrealized depreciation............................. -- --- Net unrealized appreciation......................... $34 ===
(W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 202 THE HARTFORD SELECT MIDCAP GROWTH FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 99.7% BASIC MATERIALS -- 7.3% 2 Airgas, Inc. ..................................... $ 99 2 Ball Corp. ....................................... 79 3 Cabot Corp. ...................................... 142 1 Carpenter Technology Corp. ....................... 84 5 Celanese Corp. ................................... 170 2 Church & Dwight Co., Inc. ........................ 109 5 Goodyear Tire & Rubber Co. (D)(G)................. 168 3 International Flavors & Fragrances, Inc. ......... 126 2 PPG Industries, Inc. ............................. 155 1 Precision Castparts Corp. ........................ 77 2 Rohm & Haas Co. .................................. 115 3 Sealed Air Corp. ................................. 109 1 Southern Copper Corp. (G)......................... 95 7 Timken Co. ....................................... 236 4 USG Corp. (D)(G).................................. 195 5 Valhi, Inc. ...................................... 87 ------- 2,046 ------- CAPITAL GOODS -- 4.3% 1 Cummins, Inc. .................................... 117 3 International Game Technology..................... 111 2 Joy Global, Inc. ................................. 116 3 Manitowoc Co., Inc. .............................. 178 1 National Oilwell Varco, Inc. (D).................. 94 3 Novellus Systems, Inc. (D)(G)..................... 108 2 Pall Corp. ....................................... 101 2 Rockwell Automation, Inc. ........................ 95 9 Teradyne, Inc. (D)................................ 164 1 Terex Corp. (D)................................... 106 ------- 1,190 ------- CONSUMER CYCLICAL -- 16.8% 6 American Eagle Outfitters, Inc. .................. 163 1 AutoZone, Inc. (D)(G)............................. 164 3 Avnet, Inc. (D)(G)................................ 139 11 CarMax, Inc. (D)(G)............................... 262 4 Coach, Inc. (D)................................... 218 3 D.R. Horton, Inc. ................................ 67 3 Dick's Sporting Goods, Inc. (D)(G)................ 151 7 Dollar Tree Stores, Inc. (D)(G)................... 276 5 Family Dollar Stores, Inc. ....................... 164 11 GameStop Corp. Class A (D)........................ 358 2 J. C. Penney Co., Inc. ........................... 198 2 Kroger Co. ....................................... 69 2 MDC Holdings, Inc. ............................... 106 6 Nalco Holding Co. ................................ 148 8 Newell Rubbermaid, Inc. .......................... 232 7 Nordstrom, Inc. .................................. 384 -- NVR, Inc. (D)(G).................................. 190 2 PACCAR, Inc. ..................................... 145 4 PetSmart, Inc. ................................... 136 1 Polo Ralph Lauren Corp. .......................... 137 9 RadioShack Corp. ................................. 261 6 Ross Stores, Inc. ................................ 183
MARKET SHARES VALUE (W) - --------- --------- CONSUMER CYCLICAL -- (CONTINUED) 4 Scotts Miracle-Gro Co. Class A.................... $ 184 2 Sherwin-Williams Co. ............................. 142 4 TJX Cos., Inc. ................................... 110 2 Yum! Brands, Inc. ................................ 114 ------- 4,701 ------- CONSUMER STAPLES -- 3.1% 3 Avon Products, Inc. .............................. 111 3 Campbell Soup Co. ................................ 116 5 H.J. Heinz Co. ................................... 234 2 McCormick & Co., Inc. ............................ 88 4 UST, Inc. ........................................ 246 1 William Wrigley, Jr. Co. ......................... 77 ------- 872 ------- ENERGY -- 6.9% 2 ENSCO International, Inc. ........................ 117 3 Frontier Oil Corp. ............................... 99 3 Global Industries (D)(G).......................... 71 3 Helix Energy Solutions Group, Inc. (D)(G)......... 127 4 Helmerich & Payne, Inc. .......................... 133 9 Patterson-UTI Energy, Inc. ....................... 211 3 Plains Exploration & Production Co. (D)........... 146 6 Pride International, Inc. (D)(G).................. 200 3 Rowan Companies, Inc. ............................ 116 2 St. Mary Land & Exploration Co. .................. 89 2 Sunoco, Inc. ..................................... 132 3 Unit Corp. (D).................................... 198 4 W&T Offshore, Inc. ............................... 133 5 Williams Cos., Inc. .............................. 148 ------- 1,920 ------- FINANCE -- 16.2% 1 Affiliated Managers Group, Inc. (D)(G)............ 84 5 CB Richard Ellis Group, Inc. Class A (D)(G)....... 178 1 Developers Diversified Realty Corp. .............. 75 5 Eaton Vance Corp. ................................ 198 2 Federal Realty Investment Trust................... 151 2 Federated Investors, Inc. ........................ 86 8 First Marblehead Corp. ........................... 277 7 Humana, Inc. (D)(G)............................... 429 2 IntercontinentalExchange, Inc. (D)................ 316 1 Jones Lang LaSalle, Inc. ......................... 143 2 Macerich Co. ..................................... 188 -- Markel Corp. (D)(G)............................... 140 1 Mastercard, Inc. ................................. 140 4 Nuveen Investments, Inc. Class A.................. 187 1 Nymex Holdings, Inc. (D)(G)....................... 99 1 NYSE Euronext (D)(G).............................. 112 4 Philadelphia Consolidated Holding Corp. (D)(G).... 179 1 Public Storage, Inc. ............................. 111 1 SL Green Realty Corp. ............................ 194 3 T. Rowe Price Group, Inc. ........................ 150 4 Taubman Centers, Inc. ............................ 236 5 Ventas, Inc. ..................................... 210
The accompanying notes are an integral part of these financial statements. 203 THE HARTFORD SELECT MIDCAP GROWTH FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) FINANCE -- (CONTINUED) 3 Weingarten Realty Investments..................... $ 155 6 Wellcare Health Plans, Inc. (D)(G)................ 492 ------- 4,530 ------- HEALTH CARE -- 7.3% 3 Amerisource Bergen Corp. ......................... 153 4 Barr Pharmaceuticals, Inc. (D)(G)................. 189 5 Coventry Health Care, Inc. (D)(G)................. 274 2 Edwards Lifesciences Corp. (D)(G)................. 83 12 Endo Pharmaceuticals Holdings, Inc. (D)(G)........ 366 5 Forest Laboratories, Inc. (D)(G).................. 243 2 Hospira, Inc. (D)................................. 75 8 ImClone Systems, Inc. (D)(G)...................... 331 2 Kinetic Concepts, Inc. (D)(G)..................... 78 2 Laboratory Corp. of America Holdings (D)(G)....... 136 5 Mylan Laboratories, Inc. ......................... 109 ------- 2,037 ------- SERVICES -- 12.9% 4 Autodesk, Inc. (D)(G)............................. 183 23 Avaya, Inc. (D)................................... 294 3 Clear Channel Outdoor Holdings, Inc. (D)(G)....... 91 1 Cognizant Technology Solutions Corp. (D)(G)....... 114 3 Convergys Corp. (D)............................... 83 2 Corrections Corp. of America (D)(G)............... 118 3 DreamWorks Animation SKG, Inc. (D)(G)............. 86 2 DST Systems, Inc. (D)(G).......................... 144 3 EchoStar Communications Corp. Class A (D)......... 125 9 Electronic Data Systems Corp. .................... 249 4 Expedia, Inc. (D)(G).............................. 99 1 Express Scripts, Inc. (D)......................... 90 3 Factset Research Systems, Inc. ................... 172 3 Harsco Corp. ..................................... 132 3 Hilton Hotels Corp. .............................. 105 6 Interpublic Group of Co., Inc. (D)(G)............. 72 1 ITT Educational Services, Inc. (D)................ 82 1 Lamar Advertising Co. (G)......................... 90 3 Liberty Global, Inc. (D)(G)....................... 94 4 Liberty Media -- Interactive A (D)................ 112 2 MGM Mirage, Inc. (D)(G)........................... 143 2 Paychex, Inc. .................................... 86 3 Pediatrix Medical Group, Inc. (D)(G).............. 184 4 SEI Investments Co. .............................. 223 2 Stericycle, Inc. (D)(G)........................... 138 7 URS Corp. (D)..................................... 302 ------- 3,611 ------- TECHNOLOGY -- 21.5% 10 Acxiom Corp. ..................................... 237 10 Altera Corp. (D)(G)............................... 226
MARKET SHARES VALUE (W) - --------- --------- TECHNOLOGY -- (CONTINUED) 5 American Tower Corp. Class A (D).................. $ 177 3 AMETEK, Inc. ..................................... 91 3 Amphenol Corp. Class A............................ 113 7 Applera Corp. -- Applied Biosystems Group......... 219 9 AVX Corp. ........................................ 146 10 BEA Systems, Inc. (D)............................. 114 8 BMC Software, Inc. (D)............................ 264 8 CA, Inc. ......................................... 225 6 Dolby Laboratories, Inc. Class A (D).............. 218 3 IAC/Interactive Corp. (D)(G)...................... 99 4 Intuit, Inc. (D).................................. 124 4 Juniper Networks, Inc. (D)........................ 92 1 L-3 Communications Holdings, Inc. ................ 101 4 Lexmark International, Inc. ADR (D)(G)............ 234 6 McAfee, Inc. (D).................................. 179 6 MEMC Electronic Materials, Inc. (D)............... 352 2 Mettler-Toledo International, Inc. (D)............ 167 2 Microchip Technology, Inc. ....................... 95 7 National Semiconductor Corp. ..................... 173 3 NCR Corp. (D)..................................... 142 3 Network Appliance, Inc. (D)....................... 119 5 Rambus, Inc. (D)(G)............................... 101 2 Rockwell Collins, Inc. ........................... 129 3 SBA Communications Corp. (D)(G)................... 90 7 Telephone and Data Systems, Inc. ................. 375 3 Thermo Fisher Scientific, Inc. (D)................ 176 6 Total System Services, Inc. ...................... 173 5 Trimble Navigation Ltd. (D)....................... 143 3 U.S. Cellular Corp. (D)(G)........................ 222 3 VeriSign, Inc. (D)(G)............................. 92 4 Waters Corp. (D)(G)............................... 255 3 WebMD Health Corp. (D)(G)......................... 155 7 Xilinx, Inc. ..................................... 197 ------- 6,015 ------- TRANSPORTATION -- 1.3% 5 AMR Corp. (D)..................................... 126 3 Continental Airlines, Inc. (D)(G)................. 127 2 Harley-Davidson, Inc. ............................ 103 ------- 356 ------- UTILITIES -- 2.1% 1 Constellation Energy Group, Inc. ................. 108 8 El Paso Corp. .................................... 120 5 NRG Energy, Inc. (D)(G)........................... 363 ------- 591 ------- Total common stock (cost $25,925).................................. $27,869 -------
The accompanying notes are an integral part of these financial statements. 204 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- SHORT-TERM INVESTMENTS -- 22.0% REPURCHASE AGREEMENTS -- 0.0% $ 2 BNP Paribas Securities Corp. Repurchase Agreement, 5.10%, 05/01/2007............................... $ 2 3 RBS Greenwich Capital Markets Repurchase Agreement, 5.10%, 05/01/2007............................... 3 3 UBS Securities, Inc. Repurchase Agreement, 5.10%, 05/01/2007............................... 3 ------- 8 ------- SHARES - --------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 22.0% CASH COLLATERAL REINVESTED FUND: 6,115 Navigator Prime Portfolio......................... 6,115 ------- PRINCIPAL AMOUNT - --------- U.S. TREASURY SECURITIES: $ -- U.S. Treasury Bond, 2.00%, 01/15/2026............................... $ -- -- U.S. Treasury Notes, 2.375%, 01/15/2017.............................. -- -- U.S. Treasury Notes, 3.50%, 01/15/2011............................... -- -- U.S. Treasury Notes, 3.625%, 01/15/2008.............................. -- 21 U.S. Treasury Notes, 5.00%, 07/31/2008............................... 21 ------- 6,136 ------- Total short-term investments (cost $6,144)................................... $ 6,144 ------- Total investments in securities (cost $32,069) (C).............................. $34,013 =======
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $32,256 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation.......................... $2,302 Unrealized depreciation.......................... (545) ------ Net unrealized appreciation...................... $1,757 ======
(D)Currently non-income producing. (G)Security is partially on loan at April 30, 2007. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 205 THE HARTFORD SELECT MIDCAP VALUE FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - ---------- --------- COMMON STOCK -- 99.6% BASIC MATERIALS -- 4.5% $ 4 Albemarle Corp. .............. $ 166 10 Ashland, Inc. ................ 585 4 Chemtura Corp. ............... 49 4 Crane Co. .................... 176 5 Jarden Corp. (D)(G)........... 190 4 Lubrizol Corp. ............... 222 8 Lyondell Chemical Co. ........ 233 4 OfficeMax, Inc. .............. 204 4 Sonoco Products Co. .......... 166 6 Steel Dynamics, Inc. ......... 279 3 United States Steel Corp. .... 259 8 Westlake Chemical Corp. ...... 228 ------- 2,757 ------- CAPITAL GOODS -- 7.0% 7 AGCO Corp. (D)................ 271 6 Cummins, Inc. ................ 582 5 Eaton Corp. .................. 419 9 Hasbro, Inc. ................. 291 6 Lennox International, Inc. ... 189 8 National Oilwell Varco, Inc. (D)......................... 670 11 Novellus Systems, Inc. (D).... 353 4 Parker-Hannifin Corp. ........ 359 11 Steelcase, Inc. .............. 217 19 Teradyne, Inc. (D)............ 323 6 Terex Corp. (D)............... 440 9 Xerox Corp. (D)............... 157 ------- 4,271 ------- CONSUMER CYCLICAL -- 7.3% 10 Avnet, Inc. (D)(G)............ 425 7 Dillard's, Inc. .............. 235 34 Ford Motor Co. (G)............ 276 23 Ingram Micro, Inc. (D)........ 459 8 KB Home....................... 340 6 Lennar Corp. ................. 263 11 Mattel, Inc. ................. 306 3 Mohawk Industries, Inc. (D)(G)...................... 284 4 PACCAR, Inc. ................. 328 7 RadioShack Corp. ............. 212 8 Ryland Group, Inc. ........... 352 12 Saks, Inc. ................... 247 3 Sherwin-Williams Co. ......... 204 8 TRW Automotive Holdings Corp. (D)......................... 304 3 W.W. Grainger, Inc. .......... 207 ------- 4,442 ------- CONSUMER STAPLES -- 7.3% 3 Clorox Co. ................... 228 19 Coca-Cola Enterprises, Inc. ....................... 426 6 Dean Foods Co. ............... 208 17 Del Monte Foods Co. .......... 197 5 H.J. Heinz Co. ............... 221 14 J. M. Smucker Co. ............ 784 12 Loews Corp. -- Carolina Group....................... 930 5 Molson Coors Brewing Co. ..... 504
MARKET SHARES VALUE (W) - ---------- --------- CONSUMER STAPLES -- (CONTINUED) $ 8 Pepsi Bottling Group, Inc. ... $ 272 9 Pepsiamericas, Inc. .......... 208 8 UST, Inc. .................... 439 ------- 4,417 ------- ENERGY -- 6.3% 7 Chesapeake Energy Corp. ...... 240 10 Cimarex Energy Co. ........... 374 3 Energen Corp. ................ 157 7 Noble Energy, Inc. ........... 423 3 Oneok, Inc. .................. 160 8 Pride International, Inc. (D)(G)...................... 256 8 Seacor Holdings, Inc. (D)(G)...................... 763 7 Sempra Energy................. 435 8 Tesoro Corp. ................. 1,024 ------- 3,832 ------- FINANCE -- 37.9% 5 AMBAC Financial Group, Inc. ....................... 431 12 American Financial Group, Inc. ....................... 412 52 AmeriCredit Corp. (D)(G)...... 1,317 5 Ameriprise Financial, Inc. ... 274 4 AON Corp. .................... 171 5 Assurant, Inc. ............... 276 8 Bank of Hawaii Corp. ......... 444 20 Berkley (W.R.) Corp. ......... 653 5 Boston Properties, Inc. ...... 565 9 CapitalSource, Inc. .......... 235 2 Cigna Corp. .................. 271 8 CIT Group, Inc. .............. 456 3 City National Corp. .......... 187 12 CNA Financial Corp. (D)(G).... 579 15 Comerica, Inc. ............... 941 8 Commerce Bankshares, Inc. .... 383 20 Conseco, Inc. (D)(G).......... 348 5 Cullen/Frost Bankers, Inc. ... 276 16 Equity Residential Properties Trust....................... 748 4 Hanover Insurance Group, Inc. ....................... 188 13 HCC Insurance Holdings, Inc. ....................... 405 16 Health Care Properties........ 552 3 Hospitality Properties Trust....................... 146 21 Host Hotels & Resorts, Inc. ....................... 549 25 Huntington Bancshares, Inc. ....................... 548 4 iStar Financial, Inc. ........ 173 22 Keycorp....................... 772 4 Liberty Property Trust........ 213 9 Marshall & Ilsley Corp. ...... 413 9 MBIA, Inc. ................... 591 11 MGIC Investment Corp. ........ 647 9 Nationwide Financial Services, Inc. Class A................ 534 27 Nelnet, Inc. ................. 726 13 Old Republic International Corp. ...................... 266 4 Plum Creek Timber Co., Inc. ....................... 151 17 PMI Group, Inc. .............. 800 3 ProLogis...................... 172 13 Protective Life Corp. ........ 628
The accompanying notes are an integral part of these financial statements. 206 - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - ---------- --------- COMMON STOCK -- (CONTINUED) FINANCE -- (CONTINUED) $ 15 Radian Group, Inc. ........... $ 854 3 Reinsurance Group of America, Inc. ....................... 181 6 SAFECO Corp. ................. 404 3 StanCorp Financial Group, Inc. ....................... 138 7 Synovus Financial Corp. ...... 234 14 Taubman Centers, Inc. ........ 759 8 TCF Financial Corp. .......... 206 3 Torchmark Corp. .............. 178 7 Transatlantic Holding, Inc. ....................... 452 11 UnionBanCal Corp. ............ 686 11 Ventas, Inc. ................. 472 7 Weingarten Realty Investments................. 330 11 Whitney Holding Corp. ........ 329 5 Zions Ban Corp. .............. 446 ------- 23,110 ------- HEALTH CARE -- 2.2% $ 9 Amerisource Bergen Corp. ..... 440 5 Bausch & Lomb, Inc. .......... 300 8 King Pharmaceuticals, Inc. (D)(G)...................... 166 17 Watson Pharmaceuticals, Inc. (D)(G)...................... 455 ------- 1,361 ------- SERVICES -- 5.0% 22 Avaya, Inc. (D)............... 284 4 Computer Sciences Corp. (D)... 203 8 Convergys Corp. (D)........... 192 4 Corrections Corp. of America (D)(G)...................... 210 3 Diebold, Inc. ................ 138 11 Electronic Data Systems Corp. ...................... 310 8 Liberty Global, Inc. (D)(G)... 276 3 Liberty Media Holding (D)..... 304 5 R.H. Donnelley Corp. (D)...... 394 17 Service Corp. International... 210 32 Unisys Corp. (D).............. 252 6 URS Corp. (D)................. 245 ------- 3,018 ------- TECHNOLOGY -- 9.0% 17 ADC Telecommunications, Inc. (D)(G)...................... 307 9 Applera Corp. -- Applied Biosystems Group............ 272 6 Arrow Electronics, Inc. (D)... 249 41 Atmel Corp. (D)............... 217 11 AVX Corp. .................... 185 22 CA, Inc. ..................... 586 4 CenturyTel, Inc. ............. 198 28 Compuware Corp. (D)(G)........ 271 4 Dover Corp. .................. 192 2 Energizer Holdings, Inc. (D)......................... 155 8 IAC/Interactive Corp. (D)(G)...................... 305 2 L-3 Communications Holdings, Inc. ....................... 216 8 Leap Wireless International, Inc. (D).................... 599 9 Lexmark International, Inc. ADR (D)(G).................. 510
MARKET SHARES VALUE (W) - ---------- --------- TECHNOLOGY -- (CONTINUED) $ 5 NCR Corp. (D)................. $ 237 3 Teleflex, Inc. ............... 205 7 Telephone and Data Systems, Inc. ....................... 424 3 Whirlpool Corp. .............. 345 ------- 5,473 ------- TRANSPORTATION -- 1.5% 5 CSX Corp. .................... 216 9 Kansas City Southern (D)(G)... 331 6 UAL Corp. (D)(G).............. 210 4 YRC Worldwide, Inc. (D)(G).... 163 ------- 920 ------- UTILITIES -- 11.6% 4 Alliant Energy Corp. ......... 180 12 American Electric Power Co., Inc. ....................... 588 17 CenterPoint Energy, Inc. ..... 324 15 CMS Energy Corp. ............. 278 4 Consolidated Edison, Inc. .... 182 7 Constellation Energy Group, Inc. ....................... 597 5 DTE Energy Co. ............... 233 6 Edison International.......... 304 6 Entergy Corp. ................ 626 14 Mirant Corp. (D)(G)........... 633 6 NiSource, Inc. ............... 157 14 Northeast Utilities........... 454 6 NRG Energy, Inc. (D).......... 434 5 Pepco Holdings, Inc. ......... 142 7 PG&E Corp. ................... 334 5 PPL Corp. .................... 231 6 Progress Energy, Inc. ........ 278 21 Reliant Resources, Inc. (D)(G)...................... 461 17 Sierra Pacific Resources (D)(G)...................... 305 13 Xcel Energy, Inc. ............ 320 ------- 7,061 ------- Total common stock (cost $56,513).............. $60,662 ------- PRINCIPAL AMOUNT - ---------- SHORT-TERM INVESTMENTS -- 10.3% REPURCHASE AGREEMENTS -- 0.6% $ 114 BNP Paribas Securities Corp. Repurchase Agreement, 5.10%, 05/01/2007........... $ 114 134 RBS Greenwich Capital Markets Repurchase Agreement, 5.10%, 05/01/2007........... 134 136 UBS Securities, Inc. Repurchase Agreement, 5.10%, 05/01/2007........... 136 ------- $ 384 =======
The accompanying notes are an integral part of these financial statements. 207 THE HARTFORD SELECT MIDCAP VALUE FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - ---------- --------- SHORT-TERM INVESTMENTS -- (CONTINUED) SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 9.7% CASH COLLATERAL REINVESTMENT FUND: 5,918 Navigator Prime Portfolio..... 5,918 ------- Total short-term investments (cost $6,302)............... $ 6,302 ------- Total investments in securities (cost $62,815) (C).......... $66,964 =======
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $62,990 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation.......................... $4,727 Unrealized depreciation.......................... (753) ------ Net unrealized appreciation...................... $3,974 ======
(D)Currently non-income producing. (G)Security is partially on loan at April 30, 2007. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 208 THE HARTFORD SELECT SMALLCAP VALUE FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 91.8% BASIC MATERIALS -- 8.2% 4 AptarGroup, Inc. ................................. $ 271 43 Balchem Corp. .................................... 797 1 Barnes Group, Inc. ............................... 29 13 Buckeye Technologies, Inc. (D).................... 167 2 CIRCOR International, Inc. ....................... 77 4 Cleveland-Cliffs, Inc. ........................... 243 1 Greif, Inc. ...................................... 65 3 H.B. Fuller Co. .................................. 80 7 Hercules, Inc. (D)................................ 125 3 Innospec, Inc. ................................... 135 30 Landec Corp. (D).................................. 376 40 Matthews International Corp. Class A.............. 1,678 15 Neenah Paper, Inc. ............................... 577 2 OM Group, Inc. (D)................................ 88 9 Playtex Products, Inc. (D)........................ 137 1 Quanex Corp. ..................................... 60 5 Rock Tenn Co. Class A............................. 203 7 Rockwood Holdings, Inc. (D)....................... 205 23 RPM International, Inc. .......................... 489 3 Sensient Technologies Corp. ...................... 88 3 Silgan Holdings, Inc. ............................ 180 5 Spartech Corp. ................................... 148 50 Tempur-Pedic International, Inc. ................. 1,306 2 Terra Industries, Inc. (D)........................ 41 7 Tredegar Corp. ................................... 173 6 Tupperware Brands Corp. .......................... 180 11 USEC, Inc. (D).................................... 229 12 Watts Water Technologies, Inc. ................... 466 -------- 8,613 -------- CAPITAL GOODS -- 6.0% 4 ACCO Brands Corp. (D)............................. 105 2 Asyst Technologies, Inc. (D)...................... 11 2 Axcelis Technologies, Inc. (D).................... 14 -- Blyth, Inc. ...................................... 9 3 Brooks Automation, Inc. (D)....................... 45 1 Cascade Bancorp................................... 44 49 Clarcor, Inc. .................................... 1,558 3 Entegris, Inc. (D)................................ 40 4 Goodman Global, Inc. (D).......................... 67 2 Gulf Island Fabrication........................... 48 22 Hexcel Corp. (D).................................. 477 1 Imation Corp. .................................... 21 -- Jakks Pacific, Inc. (D)........................... 6 32 K2, Inc. (D)...................................... 483 -- Kaman Corp. ...................................... 7 1 Leapfrog Enterprises, Inc. (D).................... 7 25 Lincoln Electric Holdings, Inc. .................. 1,612 4 MKS Instruments, Inc. (D)......................... 103 2 Modine Manufacturing Co. ......................... 37 1 Nacco Industries, Inc. Class A.................... 191 3 Nordson Corp. .................................... 158 3 Oil States International, Inc. (D)................ 85 14 RC2 Corp. (D)..................................... 566 1 SauerDanfoss, Inc. ............................... 21
MARKET SHARES VALUE (W) - --------- --------- CAPITAL GOODS -- (CONTINUED) 2 Steinway Musical Instruments...................... $ 62 2 Universal Compression Holdings, Inc. (D).......... 145 2 Varian Semiconductor Equipment Associates, Inc. (D)............................................. 153 4 Woodward Governor Co. ............................ 219 -------- 6,294 -------- CONSUMER CYCLICAL -- 13.0% 1 99 Cents Only Stores (D).......................... 14 -- A.M. Castle & Co. ................................ 12 2 Adaptec, Inc. (D)................................. 6 9 AFC Enterprises, Inc. (D)......................... 171 17 Aftermarket Technology Corp. (D).................. 474 8 Agilysys, Inc. ................................... 158 18 Alliance One International, Inc. (D).............. 177 6 ArvinMeritor, Inc. ............................... 125 1 Big 5 Sporting Goods Corp. ....................... 15 10 Big Lots, Inc. (D)................................ 325 25 Blockbuster, Inc. Class A (D)..................... 153 7 Borders Group, Inc. .............................. 146 6 BorgWarner, Inc. ................................. 452 1 Brown Shoe Co., Inc. ............................. 22 3 CBRL Group, Inc. ................................. 129 3 CEC Entertainment, Inc. (D)....................... 142 2 Cental Euro Distribution Corp. (D)................ 65 2 Charming Shoppes, Inc. (D)........................ 20 10 Chemed Corp. ..................................... 503 33 Cherokee, Inc. ................................... 1,492 2 Chiquita Brands International, Inc. .............. 22 2 Columbia Sportswear Co. .......................... 138 3 Commercial Vehicles Group, Inc. (D)............... 55 -- Compx International, Inc. ........................ 8 1 Core-Mark Holding Co., Inc. (D)................... 35 7 CSK Auto Corp. (D)................................ 119 -- Domino's Pizza, Inc. ............................. 13 7 Dycom Industries, Inc. (D)........................ 194 1 EMCOR Group, Inc. (D)............................. 75 18 Fred's, Inc. ..................................... 263 14 Fresh Del Monte Produce, Inc. .................... 277 3 FTD Group, Inc. .................................. 57 -- Granite Construction, Inc. ....................... 20 1 Great Atlantic & Pacific Tea Co., Inc. (D)........ 16 1 Group 1 Automotive, Inc. ......................... 22 32 Huttig Building Products, Inc. (D)................ 223 1 i2 Technologies, Inc. (D)......................... 31 13 ICU Medical, Inc. (D)............................. 543 3 IKON Office Solutions, Inc. ...................... 42 7 Insight Enterprises, Inc. (D)..................... 129 1 Jack in the Box, Inc. (D)......................... 53 1 Jo-Ann Stores, Inc. (D)........................... 18 2 Kellwood Co. ..................................... 45 1 Kimball International, Inc. ...................... 9 5 Lear Corp. (D).................................... 184 1 Levitt Corp. ..................................... 11 3 Luby's, Inc. (D).................................. 26 2 Maidenform Brands, Inc. (D)....................... 47
The accompanying notes are an integral part of these financial statements. 209 THE HARTFORD SELECT SMALLCAP VALUE FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) CONSUMER CYCLICAL -- (CONTINUED) 53 McGrath RentCorp.................................. $ 1,601 1 Meritage Homes Corp. (D).......................... 25 2 Nash Finch Co. ................................... 70 -- Noble International Ltd. ......................... 7 2 O' Charley's, Inc. (D)............................ 49 2 Oxford Industries................................. 93 1 Papa John's International, Inc. (D)............... 24 7 Payless ShoeSource, Inc. (D)...................... 233 13 Performance Food Group Co. (D).................... 394 3 Perini Corp. (D).................................. 136 1 Phillips-Van Heusen Corp. ........................ 33 22 School Specialty, Inc. (D)........................ 726 1 Sealy Corp. ...................................... 12 1 Stanley Furniture Co., Inc. ...................... 30 3 Stride Rite Corp. ................................ 44 1 Syms Corp. (D).................................... 9 2 Talbots, Inc. .................................... 38 4 The Buckle, Inc. ................................. 155 13 United Stationers, Inc. (D)....................... 782 1 Village Super Market, Inc. ....................... 35 2 Visteon Corp. (D)................................. 19 7 Warnaco Group, Inc. (D)........................... 184 1 Wolverine World Wide, Inc. ....................... 26 35 World Fuel Services Corp. ........................ 1,594 -------- 13,595 -------- CONSUMER STAPLES -- 2.3% 20 Chattem, Inc. (D)................................. 1,163 4 Diamond Foods, Inc. .............................. 66 -- Elizabeth Arden, Inc. (D)......................... 5 3 Hain Celestial Group, Inc. (D).................... 93 13 J&J Snack Foods Corp. ............................ 506 4 Reddy Ice Holdings, Inc. ......................... 105 -- Seaboard Corp. ................................... 287 4 TreeHouse Foods, Inc. (D)......................... 128 -- Universal Corp. .................................. 13 -------- 2,366 -------- ENERGY -- 4.4% 1 Bill Barrett Corp. (D)............................ 24 1 Bois d'Arc Energy, Inc. (D)....................... 16 -- Bronco Drilling Co., Inc. (D)..................... 5 -- Callon Petroleum Corp. (D)........................ 5 51 Crosstex Energy, Inc. ............................ 1,536 9 Exco Resources, Inc. (D).......................... 146 1 Harvest Natural Resources, Inc. (D)............... 12 1 Headwaters, Inc. (D).............................. 17 2 Houston Exploration Co. (D)....................... 100 4 Laclede Group, Inc. .............................. 136 9 New Jersey Resources Corp. ....................... 456 1 Newpark Resources, Inc. (D)....................... 7 2 Nicor, Inc. ...................................... 104 3 Northwest Natural Gas Co. ........................ 178 14 Oceaneering International, Inc. (D)............... 647 1 Petrohawk Energy Corp. (D)........................ 9
MARKET SHARES VALUE (W) - --------- --------- ENERGY -- (CONTINUED) 15 Quicksilver Resources, Inc. (D)................... $ 628 9 Rosetta Resources, Inc. (D)....................... 202 -- South Jersey Industries, Inc. .................... 11 5 Southwest Gas Corp. .............................. 207 -- Stone Energy Corp. (D)............................ 4 5 WGL Holdings, Inc. ............................... 156 -------- 4,606 -------- FINANCE -- 24.1% 4 Accredited Home Lenders (D)....................... 48 9 Affordable Reside (D)............................. 104 1 Alfa Corp. ....................................... 10 2 AMCORE Financial, Inc. ........................... 68 1 American Equity Investment Life Holding Co. ...... 11 3 American Financial Realty Trust................... 30 8 American Home Mortgage Investment Corp. .......... 194 4 American Physicians Capital, Inc. (D)............. 162 2 Amerigroup Corp. (D).............................. 66 4 Anchor Bancorp Wisconsin.......................... 102 9 Anthracite Capital, Inc. ......................... 102 -- Anworth Mortgage Asset Corp. ..................... 2 3 Apollo Investment Corp. .......................... 70 5 Arbor Realty Trust................................ 160 88 Ares Capital Corp. ............................... 1,579 1 Argonaut Group, Inc. (D).......................... 46 14 Ashford Hospitality............................... 172 3 Authorize.Net Holdings, Inc. (D).................. 58 2 Avatar Holdings, Inc. (D)......................... 173 1 Baldwin & Lyons Class B........................... 27 1 Bancfirst Corp. .................................. 52 1 Bank of Granite Corp. ............................ 11 -- Berkshire Hills Bancorp, Inc. .................... 10 21 Boston Private Financial Holdings, Inc. .......... 584 15 Capital Lease Fund................................ 166 64 Cathay General Bancorp............................ 2,108 2 Cedar Shopping Court.............................. 27 7 Centennial Bank Holdings, Inc. (D)................ 57 5 Chemical Financial Corp. ......................... 141 4 Chittenden Corp. ................................. 121 7 Citizens Banking Corp. ........................... 136 -- City Bank Lynnwood Wash........................... 9 4 City Holding Co. ................................. 164 3 Clayton Holdings, Inc. (D)........................ 44 -- Cohen & Steers, Inc. ............................. 10 -- Columbia Banking Systems, Inc. ................... 6 3 Community Banks, Inc. ............................ 79 -- CompuCredit Corp. (D)............................. 4 61 Corus Bankshares, Inc. ........................... 1,030 48 CVB Financial Corp. .............................. 567 2 Delphi Financial Group Class A.................... 73 1 Doral Financial Corp. (D)......................... 1 1 Downey Financial Corp. ........................... 67 -- Education Realty Trust, Inc. ..................... 3 22 Entertainment Properties Trust.................... 1,329 1 Equity Inns, Inc. ................................ 12 5 Equity One, Inc. ................................. 145
The accompanying notes are an integral part of these financial statements. 210 - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) FINANCE -- (CONTINUED) 1 Extra Space Storage, Inc. ........................ $ 24 4 FBL Financial Group Class A....................... 165 7 Felcor Lodging Trust, Inc. ....................... 183 14 Fieldstone Investment Corp. ...................... 53 23 Financial Federal Corp. .......................... 602 3 First Bancorp NC.................................. 69 5 First BanCorp Puerto Rico......................... 57 3 First Charter Corp. .............................. 72 9 First Commonwealth Financial Corp. ............... 96 -- First Community Bancshares........................ 7 -- First Indiana Corp. .............................. 8 6 First Merchants Corp. ............................ 120 -- First Midwest Bancorp, Inc. ...................... 15 1 First Niagara Financial Group, Inc. .............. 16 1 First Place Financial............................. 20 3 FirstFed Financial Corp. (D)...................... 175 5 FirstMerit Corp. ................................. 111 6 FNB Corp. ........................................ 95 -- FPIC Insurance Group, Inc. (D).................... 18 27 Friedman Billings Ramsey Group, Inc. ............. 151 1 Frontier Financial Corp. ......................... 20 1 Gamco Investors, Inc. ............................ 64 3 Gladstone Capital Corp. .......................... 74 1 Gramercy Capital Corp. ........................... 31 5 Great Southern Bancorp, Inc. ..................... 133 1 Hanmi Financial Corp. ............................ 10 -- Harleysville Group, Inc. ......................... 11 13 Hersha Hospitality Trust.......................... 156 1 Highwoods Properties, Inc. ....................... 43 6 Horace Mann Educators Corp. ...................... 123 13 Impac Mortgage Holdings, Inc. .................... 74 1 Independent Bank Corp. (Michigan) ................ 11 -- Independent Bank Corp. (Massachusetts) ........... 3 12 Infinity Property & Casualty Corp. ............... 544 1 Innkeepers USA Trust.............................. 12 4 Integra Bank Corp. ............................... 99 21 International Bancshares Corp. ................... 604 8 Irwin Financial Corp. ............................ 127 2 ITLA Capital Corp. ............................... 78 -- James River Group, Inc. .......................... 6 8 JER Investors Trust, Inc. ........................ 144 1 Kansas City Life Insurance Co. ................... 36 6 KKR Financial Corp. .............................. 155 5 KNBT Bancorp, Inc. ............................... 80 -- Knight Capital Group, Inc. (D).................... 3 6 LaBranche & Co., Inc. (D)......................... 51 2 Lakeland Bancorp, Inc. ........................... 30 11 Luminent Mortgage Trust........................... 90 1 MAF Bancorp, Inc. ................................ 30 -- MainSource Financial Group, Inc. ................. 5 -- Marlin Business Services Corp. (D)................ 8 86 MCG Capital Corp. ................................ 1,518 2 Medical Properties Trust, Inc. ................... 28 22 MFA Mortgage Investments, Inc. ................... 160 3 Midland Co. ...................................... 114
MARKET SHARES VALUE (W) - --------- --------- FINANCE -- (CONTINUED) -- N B T Bancorp..................................... $ 9 35 National Financial Partners Corp. ................ 1,614 5 National Penn Bancshares, Inc. ................... 87 9 National Retail Properties, Inc. ................. 208 2 Navigators Group, Inc. (D)........................ 107 10 NetBank, Inc. .................................... 20 11 Newalliance Bancs................................. 173 7 Newcastle Investment Corp. ....................... 202 9 NGP Capital Resources Co. ........................ 144 -- Ocwen Financial Corp. (D)......................... 1 4 Odyssey Re Holdings Corp. ........................ 181 10 Old National Bankcorp............................. 180 1 Omega Financial Corp. ............................ 15 8 Omega Healthcare Investors........................ 128 4 Pacific Capital Bancorp........................... 106 2 Park National Corp. .............................. 169 4 Partners Trust Financial Group, Inc. ............. 46 -- Peoples Bancorp, Inc. ............................ 8 8 Phoenix Cos....................................... 118 -- Piper Jaffray Cos. (D)............................ 6 11 PMA Capital Corp. Class A (D)..................... 102 -- ProAssurance Corp. (D)............................ 11 14 Prosperity Bancshares, Inc. ...................... 489 4 Provident Bankshares Corp. ....................... 122 3 Provident Financial Services, Inc. ............... 48 2 PS Business Parks, Inc. .......................... 134 3 Ramco-Gershenson Properties Trust................. 128 -- Renasant Corp. ................................... 10 6 Resource Capital Corp. ........................... 96 3 RLI Corp. ........................................ 139 5 S&T Bancorp, Inc. ................................ 166 -- Sandy Spring Bancorp, Inc. ....................... 10 2 Santander BanCorp................................. 37 20 Selective Insurance Group......................... 511 5 Senior Housing Properties Trust................... 113 2 Simmons First National Corp. ..................... 61 2 Southwest Bancorp................................. 42 15 Spirit Finance Corp. ............................. 216 10 StanCorp Financial Group, Inc. ................... 471 5 State Auto Financial Corp. ....................... 158 1 Sterling Bancshares, Inc. ........................ 8 3 Sterling Financial Corp. ......................... 91 1 Stewart Information Services Corp. ............... 48 -- Sun Bancorp, Inc. (D)............................. 4 31 Superior Bancorp (D).............................. 316 1 Susquehanna Bancshares, Inc. ..................... 16 2 SWS Group, Inc. .................................. 50 11 Symmetricom, Inc. (D)............................. 88 4 Taylor Capital Group, Inc. ....................... 131 1 Trustmark Corp. .................................. 30 1 Umpqua Holdings Corp. ............................ 12 1 United Bankshares, Inc. .......................... 18 2 United Community Financial........................ 21 5 United Fire & Casualty............................ 180 3 Universal American Financial Corp. (D)............ 48 -- USI Holdings Corp. (D)............................ 5
The accompanying notes are an integral part of these financial statements. 211 THE HARTFORD SELECT SMALLCAP VALUE FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) FINANCE -- (CONTINUED) 17 UTStarcom, Inc. (D)............................... $ 124 122 W Holding Co., Inc. .............................. 590 1 Waddell and Reed Financial, Inc. Class A.......... 29 5 WesBanco, Inc. ................................... 155 -- West Coast Bancorp................................ 7 2 Winston Hotels, Inc. ............................. 28 -------- 25,457 -------- HEALTH CARE -- 4.7% 19 Advanced Medical Optics, Inc. (D)................. 756 -- Alliance Imaging, Inc. (D)........................ 4 1 Apria Healthcare Group, Inc. (D).................. 17 1 Bradley Pharmaceuticals, Inc. (D)................. 18 5 Caraco Pharmaceutical Laboratories Ltd. (D)....... 64 13 Cooper Co., Inc. ................................. 664 6 Cross Country Healthcare, Inc. (D)................ 115 1 Forrester Research, Inc. (D)...................... 20 2 Healthtronics, Inc. (D)........................... 7 1 Incyte Corp. (D).................................. 6 22 Landauer, Inc. ................................... 1,036 14 Magellan Health Services, Inc. (D)................ 607 4 MedCath Corp. (D)................................. 108 5 NBTY, Inc. (D).................................... 257 1 NPS Pharmaceuticals, Inc. (D)..................... 3 -- Nu Skin Enterprises, Inc. Class A................. 2 2 Oakley, Inc. ..................................... 43 -- Odyssey HealthCare, Inc. (D)...................... 6 1 Par Pharmaceutical Cos., Inc. (D)................. 17 1 Perrigo Co. ...................................... 15 3 PharmaNet Development Group, Inc. (D)............. 90 8 Prestige Brands Holdings, Inc. (D)................ 108 1 Rehabcare Group, Inc. (D)......................... 20 2 Sciele Pharma, Inc. (D)........................... 47 1 STERIS Corp. ..................................... 36 -- Sunrise Senior Living, Inc. (D)................... 8 1 Trubion Pharmaceuticals, Inc. (D)................. 24 4 Viasys Healthcare, Inc. (D)....................... 118 6 ViroPharma, Inc. (D).............................. 86 1 Volcano Corp. (D)................................. 28 21 Young Innovations, Inc. .......................... 565 -------- 4,895 -------- SERVICES -- 14.3% 22 ABM Industries, Inc. ............................. 613 6 American Greetings Corp. Class A.................. 146 2 Ameristar Casinos, Inc. .......................... 60 5 Asset Acceptance (D).............................. 98 21 Avid Technology, Inc. (D)......................... 698 3 Belo Corp. Class A................................ 64 2 BISYS Group, Inc. (D)............................. 24 -- Black Box Corp. .................................. 5 17 Business Objects S.A. ADR (D)..................... 649 13 CACI International, Inc. Class A (D).............. 594 7 Central European Media Enterprises Ltd. (D)....... 631 1 CIBER, Inc. (D)................................... 5
MARKET SHARES VALUE (W) - --------- --------- SERVICES -- (CONTINUED) 11 Citadel Broadcasting Corp. ....................... $ 98 4 Coinmach Service Corp. ........................... 38 1 Coinstar, Inc. (D)................................ 16 25 Computer Services, Inc. .......................... 766 1 Consolidated Graphics, Inc. (D)................... 51 39 Corinthian Colleges, Inc. (D)..................... 535 1 Covansys Corp. (D)................................ 46 3 Cumulus Media, Inc. Class A (D)................... 25 1 Dover Motorsports, Inc. .......................... 5 3 Dynamex, Inc. (D)................................. 86 2 DynCorp International, Inc. (D)................... 30 1 Entercom Communications Corp. .................... 28 1 Entravision Communications Corp. Class A (D)...... 10 1 Foundry Networks, Inc. (D)........................ 11 6 FTI Consulting, Inc. (D).......................... 224 10 G & K Services, Inc. Class A...................... 339 1 Gaylord Entertainment Co. (D)..................... 33 16 Gray Television, Inc. ............................ 170 -- Great Wolf Resorts, Inc. (D)...................... 2 10 Harsco Corp. ..................................... 495 1 Healthspring, Inc. (D)............................ 19 -- Heidrick & Struggles International, Inc. (D)...... 9 3 Hudson Highland Group, Inc. (D)................... 51 65 Inter-Tel, Inc. .................................. 1,630 1 Journal Register Co. ............................. 4 1 Lakes Entertainment, Inc. (D)..................... 12 7 Lee Enterprises, Inc. ............................ 170 10 Lin TV Corp. (D).................................. 167 2 Macrovision Corp. (D)............................. 55 1 Manhattan Associates, Inc. (D).................... 31 4 Mentor Graphics Corp. (D)......................... 63 1 MPS Group, Inc. (D)............................... 18 38 Navigant Consulting, Inc. (D)..................... 729 1 Netscout Systems, Inc. (D)........................ 10 -- Opnet Technologies, Inc. (D)...................... 4 6 Parametric Technology Corp. (D)................... 105 7 Perot Systems Corp. Class A (D)................... 123 29 Plexus Corp. (D).................................. 602 4 Premiere Global Services, Inc. (D)................ 45 1 Radio One, Inc. Class D (D)....................... 6 18 Spherion Corp. (D)................................ 156 1 Standard Parking Corp. (D)........................ 35 23 Stewart Enterprises, Inc. ........................ 174 57 Syntel, Inc. ..................................... 2,009 3 Tetra Tech, Inc. (D).............................. 55 22 TETRA Technologies, Inc. (D)...................... 583 15 Unifirst Corp. ................................... 632 68 Unisys Corp. (D).................................. 533 -- Viad Corp. ....................................... 12 2 Volt Information Sciences, Inc. (D)............... 40 7 Waste Connections, Inc. (D)....................... 226 -- Watson Wyatt Worldwide, Inc. ..................... 8 2 Wright Express Corp. (D).......................... 77 -------- 14,988 --------
The accompanying notes are an integral part of these financial statements. 212 - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) TECHNOLOGY -- 8.5% -- A.O. Smith Corp. ................................. $ 5 7 Actel Corp. (D)................................... 104 3 Advanced Energy Industries, Inc. (D).............. 78 11 AMETEK, Inc. ..................................... 414 4 AMIS Holdings, Inc. (D)........................... 41 1 Anaren Microwave, Inc. (D)........................ 11 2 Arbitron, Inc. ................................... 79 10 Aspen Technology, Inc. (D)........................ 132 2 ATMI, Inc. (D).................................... 59 1 Avocent Corp. (D)................................. 20 1 Bel Fuse, Inc. Class B............................ 32 2 Belden CDT, Inc. ................................. 85 25 Benchmark Electronics, Inc. (D)................... 530 1 Bio-Rad Laboratories, Inc. Class A (D)............ 105 -- Bottomline Technologies, Inc. (D)................. 2 25 Brocade Communications Systems, Inc. (D).......... 244 -- C-COR.net Corp. (D)............................... 4 1 Checkpoint Systems, Inc. (D)...................... 30 27 Cincinnati Bell, Inc. (D)......................... 136 14 CMGI, Inc. (D).................................... 29 17 Coherent, Inc. (D)................................ 525 8 Consolidated Communications Holdings, Inc. ....... 151 2 Credence Systems Corp. (D)........................ 6 2 CSG Systems International, Inc. (D)............... 47 1 CTS Corp. ........................................ 18 6 Cubic Corp. ...................................... 115 6 Deluxe Corp. ..................................... 238 6 Digi International, Inc. (D)...................... 80 2 Eagle Test Systems, Inc. (D)...................... 31 19 Electronics for Imaging, Inc. (D)................. 500 6 Emulex Corp. (D).................................. 124 5 Enersys (D)....................................... 83 7 EPIQ Systems, Inc. (D)............................ 170 1 Extreme Networks, Inc. (D)........................ 5 -- FairPoint Communications, Inc. ................... 2 -- General Cable Corp. (D)........................... 10 52 General Communication, Inc. Class A (D)........... 733 -- Genesis Microchip, Inc. (D)....................... 4 3 GrafTech International Ltd. (D)................... 27 2 Greatbatch, Inc. (D).............................. 58 3 Harmonic, Inc. (D)................................ 28 17 Harris Interactive, Inc. (D)...................... 101 2 IHS, Inc. (D)..................................... 66 2 Infocrossing, Inc. (D)............................ 35 7 Input/Output, Inc. (D)............................ 93 7 Interactive Data Corp. ........................... 206 8 Interwoven, Inc. (D).............................. 128 1 iPass, Inc. (D)................................... 3 4 Kemet Corp. (D)................................... 32 2 Kopin Corp. (D)................................... 6 -- Lattice Semiconductor Corp. (D)................... 1 -- Littelfuse, Inc. (D).............................. 13 11 Magma Design Automation, Inc. (D)................. 149 12 Methode Electronics, Inc. ........................ 184 9 MIPS Technologies, Inc. Class A (D)............... 79
MARKET SHARES VALUE (W) - --------- --------- TECHNOLOGY -- (CONTINUED) 47 MSC.Software Corp. (D)............................ $ 614 3 Newport Corp. (D)................................. 52 7 Palm, Inc. (D).................................... 118 2 Paxar Corp. (D)................................... 60 11 Pegasystems, Inc. ................................ 102 2 Pericom Semiconductor Corp. (D)................... 23 5 Polycom, Inc. (D)................................. 168 2 Quantum Corp. (D)................................. 5 13 RealNetworks, Inc. (D)............................ 98 9 Roper Industries, Inc. ........................... 505 1 SAVVIS, Inc. (D).................................. 36 18 Schwak, Inc. ..................................... 316 33 Silicon Storage Technology, Inc. (D).............. 135 2 Skyworks Solutions, Inc. (D)...................... 15 3 SonicWALL, Inc. (D)............................... 22 -- Staktek Holdings, Inc. (D)........................ 1 3 Surewest Communications........................... 86 1 Sybase, Inc. (D).................................. 28 2 Sycamore Networks, Inc. (D)....................... 7 7 Syniverse Holdings, Inc. (D)...................... 75 1 TriQuint Semiconductor, Inc. (D).................. 8 1 TTM Technologies, Inc. (D)........................ 7 -- USA Mobility, Inc. ............................... 2 2 Varian, Inc. (D).................................. 89 7 Vignette Corp. (D)................................ 128 1 Zoran Corp. (D)................................... 11 -------- 8,902 -------- TRANSPORTATION -- 4.3% 2 Atlas Air Worldwide Holdings, Inc. (D)............ 86 5 ExpressJet Holdings, Inc. (D)..................... 29 4 Gulfmark Offshore, Inc. (D)....................... 187 1 Heartland Express, Inc. .......................... 13 5 Horizon Lines, Inc. Class A....................... 166 1 Hornbeck Offshore Services, Inc. (D).............. 41 43 Landstar System, Inc. ............................ 2,092 3 Polaris Industries, Inc. ......................... 152 7 Republic Airways Holdings, Inc. (D)............... 143 1 SIRVA, Inc. (D)................................... 2 -- SkyWest, Inc. .................................... 3 12 Thor Industries, Inc. ............................ 478 9 Tsakos Energy Navigation Ltd. .................... 537 14 USA Truck, Inc. (D)............................... 221 13 Winnebago Industries, Inc. ....................... 401 -------- 4,551 -------- UTILITIES -- 2.0% 4 Black Hills Corp. ................................ 159 3 Duquesne Light Holdings, Inc. .................... 66 3 El Paso Electric Co. (D).......................... 66 4 Empire District Electric Co. ..................... 96 1 IDACORP, Inc. .................................... 45 11 ITC Holdings Corp. ............................... 463 34 Pike Electric Corp. (D)........................... 701 6 PNM Resources, Inc. .............................. 186
The accompanying notes are an integral part of these financial statements. 213 THE HARTFORD SELECT SMALLCAP VALUE FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) UTILITIES -- (CONTINUED) 2 UIL Holdings Corp. ............................... $ 79 8 Westar Energy, Inc. .............................. 215 -------- 2,076 -------- Total common stock (cost $91,250).................................. $ 96,343 -------- EXCHANGE-TRADED FUNDS -- 1.5% INVESTMENT POOLS AND FUNDS -- 1.5% 20 iShares Russell 2000 Value Index Fund............. $ 1,607 -------- Total exchange-traded funds (cost $1,614)................................... $ 1,607 -------- Total long-term investments (cost $92,864).................................. $ 97,950 -------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 6.4% CONSUMER STAPLES -- 1.4% $1,475 Cargill Global, 5.25%, 05/01/2007............................... $ 1,475 -------- FINANCE -- 5.0% 1,260 Federated Investors Prime Obligations Fund........ 1,260 2,296 State Street Bank Money Market Fund............... 2,296 1,700 UBS Americas, 5.26%, 05/01/2007............................... 1,700 -------- 5,256 -------- Total short-term investments (cost $6,731)................................... $ 6,731 -------- Total investments in securities (cost $99,595) (C).............................. $104,681 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 0.62% of total net assets at April 30, 2007. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $99,595 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation......................... $ 8,206 Unrealized depreciation......................... (3,120) ------- Net unrealized appreciation..................... $ 5,086 =======
(D)Currently non-income producing. FUTURES CONTRACTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED NUMBER OF APPRECIATION DESCRIPTION CONTRACTS* POSITION EXPIRATION (DEPRECIATION) ----------- ---------- -------- ---------- -------------- Russell Mini Futures 14 Long June 2007 $16 ===
* The number of contracts does not omit 000's. Cash of $45 was pledged as initial margin deposit for open futures contracts at April 30, 2007. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 214 THE HARTFORD SHORT DURATION FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------------------- ---------- ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES -- 47.4% FINANCE -- 47.4% $ 234 ACE Securities Corp., 3.28%, 08/15/2030 (I)........................... $ 233 295 American Express Credit Account Master Trust, 5.82%, 02/15/2012 (I)(L)........................ 296 497 AmeriCredit Automobile Receivables Trust, 2.87%, 02/07/2011............................... 492 1,725 AmeriCredit Automobile Receivables Trust, 4.22%, 07/06/2009............................... 1,717 600 AmeriCredit Automobile Receivables Trust, 5.04%, 05/06/2011............................... 598 1,400 AmeriCredit Automobile Receivables Trust, 5.07%, 07/06/2010............................... 1,394 1,000 Auburn Funding LLC, 6.92%, 01/25/2012 (I)(L)........................ 1,000 29,689 Banc of America Commercial Mortgage, Inc., 4.08%, 12/10/2042 (P)........................... 526 1,500 Banc of America Securities Auto Trust, 4.49%, 02/18/2013............................... 1,483 2,000 Bank One Issuance Trust, 3.59%, 05/17/2010............................... 1,987 347 Bank One Issuance Trust, 4.54%, 09/15/2010............................... 345 648 Bayview Commercial Asset Trust, 6.32%, 01/25/2035 (I)(L)........................ 656 13,688 Bayview Commercial Asset Trust, 7.18%, 01/25/2037 (I)(P)........................ 1,422 1,582 Bayview Financial Acquisition Trust, 4.91%, 02/25/2033 (I)........................... 1,555 2,000 Bayview Financial Acquisition Trust, 5.64%, 11/28/2036............................... 2,000 808 Bear Stearns Asset Backed Securities, Inc., 5.16%, 09/25/2033............................... 801 23,032 Bear Stearns Commercial Mortgage Securities, Inc., 4.12%, 11/11/2041 (P)........................... 610 57,331 Bear Stearns Commercial Mortgage Securities, Inc., 4.65%, 02/11/2041 (P)........................... 650 108,262 Bear Stearns Commercial Mortgage Securities, Inc., 6.25%, 12/11/2040 (I)(P)........................ 501 800 Capital Auto Receivables Asset Trust, 5.55%, 01/18/2011............................... 805 200 Capital Auto Receivables Asset Trust, 5.77%, 05/20/2010 (I)........................... 202 225 Capital Auto Receivables Asset Trust, 6.15%, 04/20/2011 (I)........................... 228 400 Capital One Master Trust, 7.90%, 10/15/2010 (I)........................... 403 1,000 Capital One Multi-Asset Execution Trust, 4.50%, 06/15/2011............................... 991
PRINCIPAL MARKET AMOUNT VALUE (W) - --------------------- ---------- FINANCE -- (CONTINUED) $ 2,000 Capital One Prime Auto Receivables Trust, 3.11%, 11/15/2010............................... $ 1,981 9,835 CBA Commercial Small Balance Commercial Mortgage, 7.00%, 07/25/2035 (I)(P)........................ 458 7,611 CBA Commercial Small Balance Commercial Mortgage, 7.00%, 06/25/2038 (I)(P)........................ 502 11,983 CBA Commercial Small Balance Commercial Mortgage, 9.75%, 01/25/2039 (I)(P)........................ 1,198 4,000 Chase Issuance Trust, 4.23%, 01/15/2013............................... 3,924 296 Chase Manhattan Auto Owner Trust, 2.78%, 06/15/2010............................... 294 735 Chase Manhattan Auto Owner Trust, 2.94%, 06/15/2010............................... 728 2,000 Citibank Credit Card Issuance Trust, 4.45%, 04/07/2010............................... 1,982 2,000 Citibank Credit Card Issuance Trust, 4.85%, 02/10/2011............................... 1,994 2,000 Citibank Credit Card Issuance Trust, 5.54%, 01/09/2012 (L)........................... 1,999 18,124 Citigroup Commercial Mortgage Trust, 4.10%, 10/15/2041 (I)(P)........................ 591 263 CNH Equipment Trust, 2.57%, 09/15/2009............................... 262 90 CNH Equipment Trust, 3.13%, 11/15/2010............................... 90 300 CNH Equipment Trust, 3.35%, 02/15/2011............................... 296 750 CNH Equipment Trust, 4.93%, 12/17/2012............................... 748 3,304 Commercial Mortgage Pass-Through Certificates, 3.59%, 03/10/2039 (I)(P)........................ 84 1,500 Commercial Mortgage Pass-Through Certificates, 5.77%, 12/15/2020 (I)(L)........................ 1,500 1,500 Countrywide Asset-Backed Certificates, 5.57%, 11/25/2035............................... 1,499 21,397 CS First Boston Mortgage Securities Corp., 4.15%, 11/15/2037 (I)(P)........................ 584 13,458 CS First Boston Mortgage Securities Corp., 4.17%, 07/15/2036 (I)(P)........................ 263 800 DaimlerChrysler Auto Trust, 5.14%, 09/08/2012............................... 801 5 DLJ Mortgage Acceptance Corp., 6.82%, 10/15/2030 (I)........................... 5 300 Equity One ABS, Inc., 7.82%, 07/25/2034 (L)........................... 302 1,625 Ford Credit Auto Owner Trust, 4.19%, 07/15/2009............................... 1,616 750 Ford Credit Auto Owner Trust, 5.29%, 04/15/2011............................... 752
The accompanying notes are an integral part of these financial statements. 215 THE HARTFORD SHORT DURATION FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------------------- ---------- ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES -- (CONTINUED) FINANCE -- (CONTINUED) $ 750 Ford Credit Auto Owner Trust, 5.48%, 09/15/2011............................... $ 758 500 Ford Credit Auto Owner Trust, 5.68%, 06/15/2012............................... 505 8,731 GE Capital Commercial Mortgage Corp., 3.76%, 03/10/2040 (I)(P)........................ 162 1,386 GMAC Mortgage Corp. Loan Trust, 4.09%, 04/25/2033............................... 1,371 500 GMAC Mortgage Corp. Loan Trust, 4.62%, 04/25/2033............................... 495 401 Goldman Sachs Auto Loan Trust, 4.98%, 11/15/2013............................... 399 2,000 Goldman Sachs Mortgage Securities Corp. II, 4.32%, 10/10/2028............................... 1,948 20,138 Goldman Sachs Mortgage Securities Corp. II, 4.38%, 08/10/2038 (I)(P)........................ 199 500 Granite Mortgages plc, 6.81%, 01/20/2043 (L)........................... 506 1,500 Great America Leasing Receivables, 5.43%, 09/15/2008 (I)........................... 1,500 14 Green Tree Financial Corp., 7.30%, 01/15/2026............................... 14 787 Hasco NIM Trust, 6.17%, 08/26/2036 (I)........................... 779 128 Hasco NIM Trust, 6.25%, 12/26/2035 (I)........................... 126 1,000 Hertz Vehicle Financing LLC, 4.93%, 02/25/2010 (I)........................... 996 257 Home Equity Asset Trust, 4.75%, 06/27/2035 (H)........................... 180 400 Home Equity Asset Trust, 7.82%, 07/25/2037 (L)........................... 374 722 Hyundai Auto Receivables Trust, 4.10%, 08/15/2011............................... 715 1,500 Hyundai Auto Receivables Trust, 4.45%, 02/15/2012............................... 1,476 75 JP Morgan Chase Commercial Mortgage Security Corp., 2.92%, 01/12/2038............................... 74 5,344 JP Morgan Chase Commercial Mortgage Security Corp., 3.68%, 01/15/2038 (I)(P)........................ 155 32,651 JP Morgan Chase Commercial Mortgage Security Corp., 4.07%, 01/15/2042 (P)........................... 479 14,595 JP Morgan Chase Commercial Mortgage Security Corp., 4.65%, 10/15/2037 (I)(P)........................ 263 37,912 JP Morgan Chase Commercial Mortgage Security Corp., 4.82%, 08/12/2037 (P)........................... 148
PRINCIPAL MARKET AMOUNT VALUE (W) - --------------------- ---------- FINANCE -- (CONTINUED) $ 1,391 JP Morgan Chase Commercial Mortgage Security Corp., 5.34%, 05/12/2045............................... $ 1,395 1,425 JP Morgan Chase Commercial Mortgage Security Corp., 6.07%, 02/15/2020 (I)(L)........................ 1,425 18,151 LaSalle Commercial Mortgage Securities, 6.20%, 09/20/2043 (I)(P)........................ 923 14 LB-UBS Commercial Mortgage Trust, 3.17%, 12/15/2026............................... 14 358 LB-UBS Commercial Mortgage Trust, 3.63%, 10/15/2029............................... 350 2,109 LB-UBS Commercial Mortgage Trust, 4.25%, 12/15/2036 (I)(P)........................ 58 1,635 Lehman Brothers Small Balance Commercial, 6.77%, 09/27/2036 (I)........................... 1,632 183 Long Beach Asset Holdings Corp., 5.78%, 04/25/2046 (I)........................... 183 750 Marlin Leasing Receivables LLC, 4.63%, 11/17/2008 (I)........................... 747 368 Marlin Leasing Receivables LLC, 5.09%, 08/15/2012 (I)........................... 365 1,600 Marlin Leasing Receivables LLC, 5.33%, 09/16/2013 (I)........................... 1,603 600 Marlin Leasing Receivables LLC, 5.63%, 09/16/2013 (I)........................... 591 600 Memory Lane Advance Receivables Backed Notes, 5.03%, 10/24/2014 (I)........................... 596 18,229 Merrill Lynch Mortgage Trust, 3.81%, 08/12/2039 (I)(P)........................ 511 19,463 Merrill Lynch Mortgage Trust, 3.96%, 10/12/2041 (I)(P)........................ 560 28,233 Merrill Lynch Mortgage Trust, 4.67%, 09/12/2042 (P)........................... 311 104 Morgan Stanley Capital I, 2.80%, 12/15/2041............................... 103 277 Morgan Stanley Capital I, 3.96%, 06/15/2040............................... 272 194 Morgan Stanley Dean Witter Capital I, 5.38%, 01/15/2039............................... 194 275 Nationstar Home Equity Loan Trust, 9.97%, 03/25/2037 (L)........................... 275 326 Navistar Financial Corp. Owner Trust, 3.08%, 11/15/2009............................... 326 1,500 Ocwen Advance Receivables Backed Notes, 5.34%, 11/24/2015 (I)........................... 1,492 540 Providian Gateway Master Trust, 3.35%, 09/15/2011 (I)........................... 536 750 Providian Gateway Master Trust, 3.95%, 09/15/2011 (I)........................... 746 1,000 Providian Gateway Master Trust, 4.05%, 11/15/2011 (I)........................... 992
The accompanying notes are an integral part of these financial statements. 216 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------------------- ---------- ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES -- (CONTINUED) FINANCE -- (CONTINUED) $ 180 Renaissance Home Equity Loan Trust Class M7, 7.50%, 04/25/2037............................... $ 161 225 Renaissance Home Equity Loan Trust Class M8, 7.50%, 04/25/2037............................... 185 300 Renaissance Home Equity Loan Trust, 9.79%, 04/25/2037 (I)........................... 300 1,500 Structured Asset Investment Loan Trust, 7.07%, 11/25/2033 (L)........................... 1,506 400 Structured Asset Securities Corp., 7.82%, 01/25/2037 (I)(L)........................ 396 450 Structured Asset Securities Corp., 7.82%, 02/25/2037 (L)........................... 442 500 Superior Wholesale Inventory Financing Trust, 5.80%, 06/15/2010 (L)........................... 501 1,000 USAA Auto Owner Trust, 5.66%, 03/15/2013............................... 1,014 1,700 Wachovia Auto Loan Owner Trust, 5.42%, 04/21/2014 (I)........................... 1,707 1,000 Wachovia Auto Loan Owner Trust, 5.54%, 12/20/2012 (I)........................... 1,008 276 Wachovia Bank Commercial Mortgage Trust, 3.48%, 08/15/2041............................... 270 5,928 Wachovia Bank Commercial Mortgage Trust, 3.65%, 02/15/2041 (I)(P)........................ 158 1,500 Washington Mutual Master Note Trust, 5.70%, 10/15/2013 (I)(L)........................ 1,500 17,821 Washington Mutual Master Note Trust, 7.00%, 11/23/2043 (I)(P)........................ 919 1,900 Wells Fargo Home Equity Trust, 5.62%, 04/25/2034 (L)........................... 1,900 101 WFS Financial Owner Trust, 2.73%, 05/20/2011............................... 100 792 WFS Financial Owner Trust, 3.25%, 05/20/2011............................... 787 1,000 WFS Financial Owner Trust, 4.76%, 05/17/2013............................... 990 148 Whole Auto Loan Trust, 3.13%, 03/15/2011............................... 146 295 Whole Auto Loan Trust, 3.37%, 03/15/2011............................... 294 1,000 World Financial Network Credit Card Master, 7.77%, 05/15/2012 (L)........................... 1,017 160 World Omni Auto Receivables Trust, 3.62%, 07/12/2011............................... 158 ---------- Total asset & commercial mortgage backed securities (cost $91,125).................................. $ 90,629 ----------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------------------- ---------- CORPORATE BONDS: INVESTMENT GRADE -- 30.7% BASIC MATERIALS -- 1.6% $ 500 Valspar Corp., 6.00%, 05/01/2007............................... $ 500 2,500 Xstrata Finance Dubain Ltd., 5.71%, 11/13/2009 (I)(L)........................ 2,503 ---------- 3,003 ---------- CAPITAL GOODS -- 0.2% 300 Textron, Inc., 6.63%, 11/15/2007............................... 302 ---------- CONSUMER CYCLICAL -- 2.3% 500 Centex Corp., 4.75%, 01/15/2008............................... 498 500 Centex Corp., 5.61%, 08/01/2007 (L)........................... 500 1,500 DaimlerChrysler NA Holdings Corp., 5.69%, 03/13/2009 (L)........................... 1,503 2,000 Home Depot, Inc., 5.47%, 12/16/2009 (L)........................... 2,003 ---------- 4,504 ---------- CONSUMER STAPLES -- 0.4% 860 Diageo Capital plc, 3.38%, 03/20/2008............................... 845 ---------- ENERGY -- 2.3% 1,000 Anadarko Petroleum Corp., 5.75%, 09/15/2009 (L)........................... 1,002 350 Louis Dreyfus Natural Gas Corp., 6.88%, 12/01/2007............................... 353 1,000 Sempra Energy, 4.62%, 05/17/2007............................... 1,000 2,000 Transocean, Inc., 5.55%, 09/05/2008 (L)........................... 2,001 ---------- 4,356 ---------- FINANCE -- 15.3% 1,000 American General Finance Corp., 2.75%, 06/15/2008............................... 974 400 Avalon Properties, Inc., 6.88%, 12/15/2007............................... 403 600 Banca Commerciale Italiana, 8.25%, 07/15/2007............................... 603 1,500 BankBoston NA, 7.00%, 09/15/2007............................... 1,507 2,000 Bear Stearns & Co., Inc., 4.00%, 01/31/2008............................... 1,982 1,000 Capital One Financial Corp., 5.62%, 09/10/2009 (L)........................... 1,003 1,584 Citicorp, 6.38%, 11/15/2008............................... 1,613 220 Credit Suisse First Boston NY, 6.50%, 05/01/2008 (I)........................... 222 2,000 Duke Realty L.P., 3.50%, 11/01/2007............................... 1,980
The accompanying notes are an integral part of these financial statements. 217 THE HARTFORD SHORT DURATION FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------------------- ---------- CORPORATE BONDS: INVESTMENT GRADE -- (CONTINUED) FINANCE -- (CONTINUED) $ 1,000 ERAC USA Finance Co., 7.35%, 06/15/2008 (I)........................... $ 1,016 1,880 General Electric Capital Corp., 4.00%, 02/17/2009............................... 1,846 450 HSBC Finance Corp., 7.65%, 05/15/2007............................... 450 1,145 JP Morgan Chase & Co., 6.00%, 02/15/2009............................... 1,161 1,500 John Deere Capital Corp., 4.50%, 08/22/2007............................... 1,496 250 Key Bank NA, 5.00%, 07/17/2007............................... 250 2,000 Lehman Brothers Holdings, Inc., 4.00%, 01/22/2008............................... 1,979 120 Lincoln National Corp., 5.25%, 06/15/2007............................... 120 148 MBNA America Bank NA, 6.75%, 03/15/2008............................... 150 150 Merrill Lynch & Co., Inc., 8.00%, 06/01/2007............................... 150 1,000 North Street Referenced Linked Notes, 6.05%, 07/30/2010 (I)(L)........................ 940 500 North Street Referenced Linked Notes, 6.41%, 07/30/2010 (I)(L)........................ 435 650 Prudential Financial, Inc., 3.75%, 05/01/2008............................... 639 1,000 Prudential Funding LLC, 6.60%, 05/15/2008 (I)........................... 1,008 1,000 Residential Capital Corp., 5.84%, 06/09/2008 (L)........................... 993 650 Simon Property Group L.P., 6.38%, 11/15/2007............................... 653 350 Simon Property Group L.P., 7.13%, 09/20/2007............................... 352 2,000 Sovereign Bancorp, Inc., 5.58%, 03/23/2010 (L)........................... 2,000 1,000 Sovereign Bank, 4.00%, 02/01/2008............................... 990 400 Travelers Property Casualty Corp., 3.75%, 03/15/2008............................... 393 1,000 UnitedHealth Group, Inc., 3.30%, 01/30/2008............................... 984 1,000 Zion Bancorp, 5.47%, 09/15/2008 (L)........................... 1,000 ---------- 29,292 ---------- HEALTH CARE -- 1.0% 2,000 Cardinal Health, Inc., 5.62%, 10/02/2009 (I)(L)........................ 2,000 ---------- SERVICES -- 3.1% 550 Belo Corp., 7.13%, 06/01/2007............................... 550 700 Comcast Corp., 5.66%, 07/14/2009 (L)........................... 701
PRINCIPAL MARKET AMOUNT VALUE (W) - --------------------- ---------- SERVICES -- (CONTINUED) $ 450 Harrah's Operating Co., Inc., 7.13%, 06/01/2007............................... $ 451 850 Hyatt Equities LLC, 6.88%, 06/15/2007 (I)........................... 851 1,000 Marriott International, Inc., 7.00%, 01/15/2008............................... 1,008 300 News America, Inc., 6.63%, 01/09/2008............................... 302 1,000 Time Warner, Inc., 5.59%, 11/13/2009 (L)........................... 1,002 1,000 Walt Disney Co., 5.44%, 09/10/2009 (L)........................... 1,001 ---------- 5,866 ---------- TECHNOLOGY -- 2.2% 500 Cingular Wireless Services, Inc., 7.50%, 05/01/2007............................... 500 1,000 Deutsche Telekom International Finance B.V., 5.53%, 03/23/2009 (L)........................... 1,002 1,000 Lenfest Communications, Inc., 7.63%, 02/15/2008............................... 1,015 1,000 Oracle Corp., 5.59%, 01/13/2009 (L)........................... 1,001 707 Raytheon Co., 6.75%, 08/15/2007............................... 709 ---------- 4,227 ---------- TRANSPORTATION -- 0.6% 800 Norfolk Southern Corp., 7.35%, 05/15/2007............................... 800 350 TTX Co., 3.88%, 03/01/2008 (I)........................... 344 ---------- 1,144 ---------- UTILITIES -- 1.7% 900 Dominion Resources, Inc., 5.65%, 09/28/2007 (L)........................... 900 250 Northeast Utilities, 3.30%, 06/01/2008............................... 244 1,500 Ohio Power Co., 5.53%, 04/05/2010 (L)........................... 1,501 250 Puget Sound Energy, Inc., 3.36%, 06/01/2008............................... 245 270 Texas Eastern Transmission L.P., 5.25%, 07/15/2007............................... 270 ---------- 3,160 ---------- Total corporate bonds: investment grade (cost $58,760).................................. $ 58,699 ---------- U.S. GOVERNMENT AGENCIES -- 9.8% FEDERAL HOME LOAN MORTGAGE CORPORATION -- 4.0% 7,500 6.00% 2032........................................ $ 7,653 ---------- FEDERAL NATIONAL MORTGAGE ASSOCIATION -- 2.3% 4,416 5.50% 2014........................................ 4,426 ----------
The accompanying notes are an integral part of these financial statements. 218 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------------------- ---------- U.S. GOVERNMENT AGENCIES -- (CONTINUED) GOVERNMENT NATIONAL MORTGAGE ASSOCIATION -- 3.5% $ 4,436 6.00% 2032........................................ $ 4,519 2,000 6.50% 2031........................................ 2,079 ---------- 6,598 ---------- Total U.S. government agencies (cost $18,569).................................. $ 18,677 ---------- U.S. GOVERNMENT SECURITIES -- 6.0% U.S. TREASURY SECURITIES -- 6.0% U.S. TREASURY NOTES: 11,440 4.88% 2008........................................ $ 11,458 ---------- Total U.S. government securities (cost $11,452).................................. $ 11,458 ---------- Total long-term investments (cost $179,906)................................. $ 179,463 ---------- SHORT-TERM INVESTMENTS -- 5.8% CONSUMER CYCLICAL -- 1.0% $ 2,000 Kroger Co., 5.67%, 05/01/2007............................... $ 2,000 ---------- ENERGY -- 0.9% 1,649 Pacific Gas and Electric Co., 5.35%, 05/02/2007 (I)........................... 1,648 ---------- FINANCE -- 2.4% 500 Bank of New York Co., Inc., 5.05%, 03/03/2009............................... 497 2,000 Burlington Northern, 5.35%, 05/01/2007............................... 2,000 2,000 Countrywide Financial Corp., 5.33%, 05/07/2007............................... 1,998 ---------- 4,495 ---------- SERVICES -- 0.5% 1,000 Walt Disney, 5.32%, 05/15/2007............................... 998 ---------- TECHNOLOGY -- 1.0% 2,000 Viacom, 5.47%, 05/04/2007 (I)........................... 1,999 ---------- Total short-term investments (cost $11,140).................................. $ 11,140 ---------- Total investments in securities (cost $191,046) (C)............................. $ 190,603 ==========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 2.54% of total net assets at April 30, 2007. (C) At April 30, 2007, the cost of securities for federal income tax purposes was $191,046 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation........................... $ 387 Unrealized depreciation........................... (830) ----- Net unrealized depreciation....................... $(443) =====
(H) The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.
PERIOD ACQUIRED SHARES/PAR SECURITY COST BASIS -------- ---------- -------- ---------- 03/2006 257 Home Equity Asset Trust, 4.75%, 06/27/2035 - 144A $254
The aggregate value of these securities at April 30, 2007 was $180, which represents 0.09% of total net assets. (I) Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at April 30, 2007, was $47,775, which represents 25.01% of total net assets. (L) Variable rate securities; the rate reported is the coupon rate in effect at April 30, 2007. (P) The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at April 30, 2007. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 219 THE HARTFORD SMALL COMPANY FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 96.3% BASIC MATERIALS -- 9.3% 17 AEP Industries, Inc. (D).......................... $ 730 111 Agrium, Inc. ..................................... 4,281 42 AK Steel Holding Corp. (D)........................ 1,285 74 Arch Coal, Inc. .................................. 2,659 41 Aventine Renewable Energy Holdings, Inc. (D)...... 780 25 Balchem Corp. .................................... 454 22 Cabot Microelectronics Corp. (D).................. 714 92 Champion Enterprises, Inc. (D).................... 944 9 Chaparral Steel Co. .............................. 649 10 Cleveland-Cliffs, Inc. ........................... 670 15 Deltic Timber Corp. .............................. 736 30 Georgia Gulf Corp. ............................... 474 1,386 Golden Hope Plantations BHD (A)................... 3,214 14 Grace (W.R.) & Co. (D)............................ 365 57 Hercules, Inc. (D)................................ 1,065 30 Insteel Industries, Inc. ......................... 504 147 Jarden Corp. (D)(G)............................... 6,182 10 Kaydon Corp. ..................................... 469 1,176 Kingboard Chemical Holdings Ltd. (A).............. 5,478 28 Lupatech S.A. .................................... 518 14 NCI Building Systems, Inc. (D).................... 695 15 Neenah Paper, Inc. ............................... 562 115 Owens-Illinois, Inc. (D).......................... 3,473 27 Pioneer Co. (D)................................... 792 15 Playtex Products, Inc. (D)........................ 233 21 Quanex Corp. ..................................... 904 6 RTI International Metals, Inc. (D)................ 547 38 Select Comfort Corp. (D).......................... 708 33 Tempur-Pedic International, Inc. ................. 868 268 Terra Industries, Inc. (D)........................ 4,728 10 Tupperware Brands Corp. .......................... 277 55 Wausau Paper Corp. ............................... 740 57 Xerium Technologies, Inc. ........................ 463 -------- 47,161 -------- CAPITAL GOODS -- 4.7% 20 Clarcor, Inc. .................................... 618 23 Columbus McKinnon Corp. (D)....................... 572 27 Daktronics, Inc. ................................. 622 18 Flowserve Corp. .................................. 1,116 132 Goodman Global, Inc. (D)(G)....................... 2,464 29 II - VI, Inc. (D)................................. 775 4 Leapfrog Enterprises, Inc. (D).................... 43 56 Lindsay Corp. (G)................................. 1,721 9 Lufkin Industries, Inc. .......................... 574 113 Marvel Entertainment, Inc. (D)(G)................. 3,342 21 Oil States International, Inc. (D)................ 710 41 Orbital Sciences Corp. (D)........................ 862 9 SauerDanfoss, Inc. ............................... 271 22 Tennant Co. ...................................... 704 28 Tessera Technologies, Inc. (D).................... 1,211 104 TransDigm Group, Inc. (D)......................... 3,924
MARKET SHARES VALUE (W) - --------- --------- CAPITAL GOODS -- (CONTINUED) 21 Trina Solar Ltd. ADR (D)(G)....................... $ 1,098 48 Varian Semiconductor Equipment Associates, Inc. (D)(G).......................................... 3,214 -------- 23,841 -------- CONSUMER CYCLICAL -- 9.1% 6 Accuride Corp. (D)................................ 87 19 Aeropostale, Inc. (D)............................. 782 22 Albany International Corp. Class A................ 823 14 American Woodmark Corp. .......................... 466 7 AMREP Corp. ...................................... 408 38 Applied Industrial Technologies, Inc. ............ 1,016 51 Arris Group, Inc. (D)............................. 760 19 Brown Shoe Co., Inc. ............................. 508 11 Cherokee, Inc. ................................... 487 31 Children's Place Retail Stores, Inc. (D).......... 1,645 280 Corporacion GEO S.A. de C.V. (D).................. 1,538 17 Crocs, Inc. (D)................................... 932 135 Cytyc Corp. (D)................................... 4,770 12 Deckers Outdoor Corp. (D)......................... 889 99 Dollar Tree Stores, Inc. (D)...................... 3,879 34 Dress Barn, Inc. (D).............................. 675 46 DSW, Inc. (D)..................................... 1,792 41 Dufry Group (D)................................... 4,631 10 Granite Construction, Inc. ....................... 617 7 GSI Commerce, Inc. (D)............................ 157 18 Guess?, Inc. ..................................... 724 27 Gymboree Corp. (D)................................ 1,038 26 Iconix Brand Group, Inc. (D)...................... 519 13 Jamba, Inc. (D)................................... 112 49 Kimball International, Inc. ...................... 878 3 K-Swiss, Inc. .................................... 93 180 LKQ Corp. (D)(G).................................. 4,062 33 Maidenform Brands, Inc. (D)....................... 673 20 Men's Wearhouse, Inc. ............................ 865 18 Payless ShoeSource, Inc. (D)...................... 574 14 Phillips-Van Heusen Corp. ........................ 767 48 PSS World Medical, Inc. (D)....................... 960 16 Sotheby's......................................... 849 149 Tecnisa S.A. (D).................................. 824 20 The Buckle, Inc. ................................. 727 40 Under Armour, Inc. Class A (D)(G)................. 2,035 106 VistaPrint Ltd. (D)............................... 3,945 -------- 46,507 -------- CONSUMER STAPLES -- 1.0% 19 Boston Beer Co., Inc. Class A (D)................. 602 13 Chattem, Inc. (D)................................. 766 7 Diamond Foods, Inc. .............................. 108 83 Jones Soda Co. (D)(G)............................. 2,048 20 Lancaster Colony Corp. ........................... 863 9 Ralcorp Holdings, Inc. (D)........................ 605 6 Vector Group Ltd. ................................ 108 -------- 5,100 --------
The accompanying notes are an integral part of these financial statements. 220 - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) ENERGY -- 5.7% 19 Alon USA Energy, Inc. ............................ $ 707 18 Berry Petroleum Co. .............................. 599 40 Bois d'Arc Energy, Inc. (D)....................... 595 112 Cabot Oil & Gas Corp. ............................ 4,097 44 Callon Petroleum Corp. (D)........................ 611 16 Clayton Williams Energy, Inc. (D)................. 420 213 Complete Production Services, Inc. (D)(G)......... 5,124 28 Comstock Resources, Inc. (D)...................... 791 19 Crosstex Energy, Inc. ............................ 556 37 Delek U.S. Holdings, Inc. ........................ 713 132 Denbury Resources, Inc. (D)....................... 4,352 126 Grey Wolf, Inc. (D)............................... 903 28 Headwaters, Inc. (D).............................. 616 16 Hercules Offshore, Inc. (D)....................... 487 26 Mariner Energy, Inc. (D).......................... 591 8 Penn Virginia Corp. .............................. 672 59 Petrohawk Energy Corp. (D)........................ 850 15 Petroleum Development Corp. (D)................... 801 56 Pioneer Drilling Co. (D).......................... 766 184 Vaalco Energy, Inc. (D)........................... 991 22 WD40 Co. ......................................... 777 65 Western Oil Sands, Inc. Class A (D)............... 2,098 12 W-H Energy Services (D)........................... 637 -------- 28,754 -------- FINANCE -- 7.8% 1,017 Aberdeen Asset Management plc (A)................. 4,429 76 Admiral Group plc (A)............................. 1,600 107 Aercap Holdings N.V. (D).......................... 3,122 126 Allied World Assurance Holdings Ltd. ............. 5,577 59 Amerigroup Corp. (D).............................. 1,651 31 Authorize.Net Holdings, Inc. (D).................. 549 634 Babcock and Brown Wind Partners (A)............... 987 39 Centene Corp. (D)................................. 807 28 Cousins Properties, Inc. ......................... 949 122 Covanta Holding Corp. (D)......................... 3,004 17 Credit Acceptance Corp. (D)....................... 466 11 Delphi Financial Group Class A.................... 490 2 EastGroup Properties, Inc. ....................... 91 48 Ezcorp, Inc. (D).................................. 733 1 First Community Bancorp, Inc. .................... 62 21 Getty Realty Corp. ............................... 591 12 Greenhill & Co., Inc. ............................ 738 21 HealthExtras, Inc. (D)............................ 654 26 Inland Real Estate Corp. ......................... 472 10 International Securities Exchange Holdings, Inc. ........................................... 694 34 Molina Healthcare, Inc. (D)....................... 1,031 39 Nuveen Investments, Inc. Class A (G).............. 2,097 36 Omega Healthcare Investors........................ 612 24 optionsXpress Holdings, Inc. ..................... 601 89 ProAssurance Corp. (D)............................ 4,775 7 PS Business Parks, Inc. .......................... 489
MARKET SHARES VALUE (W) - --------- --------- FINANCE -- (CONTINUED) 20 Saul Centers, Inc. ............................... $ 1,056 214 UTStarcom, Inc. (D)............................... 1,527 -------- 39,854 -------- HEALTH CARE -- 14.7% 21 Adams Respiratory Therapeutics, Inc. (D).......... 779 23 Affymetrix, Inc. (D).............................. 613 116 Alkermes, Inc. (D)(G)............................. 1,904 68 Alliance Imaging, Inc. (D)........................ 609 28 Alpharma, Inc. Class A............................ 685 10 AmSurg Corp. (D).................................. 223 55 Amylin Pharmaceuticals, Inc. (D)(G)............... 2,270 50 Apria Healthcare Group, Inc. (D).................. 1,583 114 Arena Pharmaceuticals, Inc. (D)(G)................ 1,492 127 AtheroGenics, Inc. (D)(G)......................... 426 71 Charles River Laboratories International, Inc. (D)............................................. 3,385 18 Cubist Pharmaceuticals, Inc. (D).................. 381 91 Dade Behring Holdings, Inc. ...................... 4,488 94 Digene Corp. (D)(G)............................... 4,309 8 DJO, Inc. (D)..................................... 304 25 Genomic Health, Inc. (D).......................... 412 16 Haemonetics Corp. (D)............................. 777 18 Healthways, Inc. (D).............................. 772 42 Herbalife Ltd. ................................... 1,689 144 Human Genome Sciences, Inc. (D)(G)................ 1,547 55 Immucor, Inc. (D)................................. 1,778 30 InterMune, Inc. (D)............................... 873 67 Inverness Medical Innovation (D).................. 2,666 66 Kyphon, Inc. (D).................................. 3,097 19 LCA-Vision, Inc. ................................. 807 24 Lifecell Corp. (D)................................ 703 115 LifePoint Hospitals, Inc. (D)..................... 4,209 27 Magellan Health Services, Inc. (D)................ 1,143 76 Manor Care, Inc. (G).............................. 4,928 11 MedCath Corp. (D)................................. 338 31 Medical Action Industries, Inc. (D)............... 713 110 Medicines Co. (D)(G).............................. 2,515 33 Medicis Pharmaceutical Corp. Class A.............. 1,014 123 Mentor Corp. ..................................... 4,769 25 Meridian Bioscience, Inc. ........................ 752 25 MGI Pharma, Inc. (D).............................. 553 24 NBTY, Inc. (D).................................... 1,191 29 Nektar Therapeutics (D)........................... 365 2 Northstar Neuroscience, Inc. (D).................. 25 42 Obagi Medical Products, Inc. (D).................. 531 25 OSI Pharmaceuticals, Inc. (D)..................... 850 20 Par Pharmaceutical Cos., Inc. (D)................. 526 15 PAREXEL International Corp. (D)................... 608 28 Perrigo Co. ...................................... 538 46 Pharmaceutical Product Development, Inc. ......... 1,673 21 Pharmion Corp. (D)................................ 639 25 Sciele Pharma, Inc. (D)........................... 616 28 Sunrise Senior Living, Inc. (D)................... 1,066 22 SurModics, Inc. (D)............................... 907 15 United Therapeutics Corp. (D)..................... 817 9 Usana Health Sciences, Inc. (D)................... 343
The accompanying notes are an integral part of these financial statements. 221 THE HARTFORD SMALL COMPANY FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) HEALTH CARE -- (CONTINUED) 30 Valeant Pharmaceuticals International............. $ 533 43 Vertex Pharmaceuticals, Inc. (D).................. 1,310 61 ViroPharma, Inc. (D).............................. 918 21 West Pharmaceutical Services...................... 1,025 32 Zoll Medical Corp. (D)............................ 781 -------- 74,768 -------- SERVICES -- 15.4% 10 Anixter International, Inc. (D)................... 702 17 Atheros Communications, Inc. (D).................. 454 14 CACI International, Inc. Class A (D).............. 633 23 Central European Media Enterprises Ltd. (D)(G).... 2,037 53 Cogent, Inc. (D).................................. 741 27 Coinmach Service Corp. ........................... 289 10 Coinstar, Inc. (D)................................ 318 41 Corvel (D)........................................ 1,118 18 DeVry, Inc. ...................................... 588 33 Diamond Management & Technology................... 369 27 Digital River, Inc. (D)........................... 1,551 70 Factset Research Systems, Inc. ................... 4,335 45 First Consulting Group, Inc. (D).................. 451 101 Focus Media Holding Ltd. ADR (D).................. 3,724 152 Foundry Networks, Inc. (D)........................ 2,303 64 GameTech International, Inc. (D).................. 728 20 Gartner, Inc. Class A (D)......................... 493 16 Geo Group, Inc. (D)............................... 809 49 Healthspring, Inc. (D)............................ 1,160 16 Heidrick & Struggles International, Inc. (D)...... 756 23 Hub Group, Inc. (D)............................... 835 96 Hythiam, Inc. (D)................................. 667 23 Inter-Tel, Inc. .................................. 588 10 inVentiv Health, Inc. (D)......................... 389 58 INVESTools, Inc. (D).............................. 784 90 Iron Mountain, Inc. (D)(G)........................ 2,525 9 Ixia (D).......................................... 73 28 Korn/Ferry International (D)...................... 653 124 Live Nation, Inc. (D)(G).......................... 2,521 20 Lodgenet Entertainment Corp. (D).................. 696 42 Macrovision Corp. (D)............................. 1,027 32 Manhattan Associates, Inc. (D).................... 926 15 Mantech International Corp. Class A (D)........... 454 132 Mentor Graphics Corp. (D)......................... 2,132 12 Micros Systems (D)................................ 673 140 MoneyGram International, Inc. .................... 3,970 185 Net Servicos de Comunicacao SA (D)................ 2,798 30 Netscout Systems, Inc. (D)........................ 244 19 Omnicell, Inc. (D)................................ 441 82 Pinnacle Entertainment, Inc. (D).................. 2,312 7 Pre-Paid Legal Services, Inc. (D)................. 393 123 Priceline.com, Inc. (D)(G)........................ 6,834 22 Quality Systems................................... 870 59 Sinclair Broadcast Group, Inc. Class A............ 970 7 Standard Parking Corp. (D)........................ 253 33 Stericycle, Inc. (D)(G)........................... 2,851 10 Taleo Corp. Class A (D)........................... 160
MARKET SHARES VALUE (W) - --------- --------- SERVICES -- (CONTINUED) 211 TeleTech Holdings, Inc. (D)....................... $ 7,972 36 Time Warner Telecom, Inc. Class A (D)............. 746 49 Washington Group International, Inc. (D)(G)....... 3,260 122 Waste Connections, Inc. (D)....................... 3,788 54 WNS Holdings Ltd. ADR (D)......................... 1,445 12 Wright Express Corp. (D).......................... 363 -------- 78,172 -------- TECHNOLOGY -- 25.6% 11 A.O. Smith Corp. ................................. 403 246 Activision, Inc. (D).............................. 4,925 21 Acuity Brands, Inc. .............................. 1,247 32 ADTRAN, Inc. ..................................... 814 30 Advanced Energy Industries, Inc. (D).............. 744 116 American Reprographics Co. LLC (D)(G)............. 3,861 3 American Science & Engineering, Inc. (D).......... 141 89 Amkor Technology, Inc. (D)........................ 1,247 31 Ansoft Corp. (D).................................. 1,011 100 Ansys, Inc. (D)(G)................................ 5,121 122 Art Technology Group, Inc. (D).................... 302 14 Atlantic Tele-Network, Inc. ...................... 364 3 Baldor Electric Co. .............................. 115 45 Blackbaud, Inc. .................................. 1,002 8 Bottomline Technologies, Inc. (D)................. 104 140 Brocade Communications Systems, Inc. (D).......... 1,363 61 Bruker BioSciences Corp. (D)...................... 705 46 C-COR.net Corp. (D)............................... 561 14 China Techfaith Wirls Communication Technology ADR (D)............................................. 114 12 CommScope, Inc. (D)............................... 547 6 Comtech Telecommunications Corp. (D).............. 238 26 CSG Systems International, Inc. (D)............... 691 45 Ctrip.com International Ltd. ..................... 3,172 13 Datascope Corp. .................................. 482 16 DealerTrack Holdings, Inc. (D).................... 525 8 Dionex Corp. (D).................................. 566 82 Dobson Communications Corp. (D)................... 747 5 Eagle Test Systems, Inc. (D)...................... 90 75 Emulex Corp. (D).................................. 1,576 49 Equinix, Inc. (D)(G).............................. 4,069 157 Evergreen Solar, Inc. (G)......................... 1,531 26 FLIR Systems, Inc. (D)............................ 1,057 15 FormFactor, Inc. (D).............................. 615 159 Fossil, Inc. (D)(G)............................... 4,483 44 General Communication, Inc. Class A (D)........... 625 4 Genlyte Group (D)................................. 323 106 Hologic, Inc. (D)................................. 6,121 95 IHS, Inc. (D)(G).................................. 3,933 52 Informatica Corp. (D)............................. 761 19 infoUSA, Inc. .................................... 182 4 Innovative Solutions & Support, Inc. (D).......... 112 106 Interactive Data Corp. ........................... 3,049 46 Internap Network Services Corp. (D)............... 710 52 Interwoven, Inc. (D).............................. 786 61 j2 Global Communications, Inc. (D)................ 1,759 93 Kenexa Corp. (D)(G)............................... 2,891
The accompanying notes are an integral part of these financial statements. 222 - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) TECHNOLOGY -- (CONTINUED) 70 Leap Wireless International, Inc. (D)(G).......... $ 5,342 136 LTX Corp. (D)..................................... 809 7 Magma Design Automation, Inc. (D)................. 95 80 Micrel, Inc. (D).................................. 1,005 14 MicroStrategy, Inc. (D)........................... 1,598 58 Ness Technologies, Inc. (D)....................... 768 26 Neustar, Inc. (D)................................. 756 69 Nuance Communications, Inc. (D)................... 1,069 198 O2Micro International Ltd. ADR (D)................ 2,047 156 ON Semiconductor Corp. (D)........................ 1,671 13 PAETEC Holding Corp. (D).......................... 138 29 Palomar Medical Technologies, Inc. (D)............ 1,187 20 Phase Forward, Inc. (D)........................... 316 63 Photon Dynamics, Inc. (D)......................... 758 19 Polycom, Inc. (D)................................. 643 107 QLogic Corp. (D).................................. 1,917 212 RealNetworks, Inc. (D)............................ 1,599 173 Red Hat, Inc. (D)(G).............................. 3,656 108 RF Micro Devices, Inc. (D)........................ 675 12 SAVVIS, Inc. (D).................................. 624 188 Silicon Storage Technology, Inc. (D).............. 774 93 SiRF Technology Holdings, Inc. (D)(G)............. 2,251 45 Sirona Dental Systems, Inc. (G)................... 1,477 376 Sonus Networks, Inc. (D)(G)....................... 2,903 17 SRA International, Inc. (D)....................... 418 19 Supertex, Inc. (D)................................ 631 48 Sybase, Inc. (D).................................. 1,159 81 Syniverse Holdings, Inc. (D)...................... 835 27 Techwell, Inc. (D)................................ 380 83 Teledyne Technologies, Inc. (D)(G)................ 3,656 -- The Knot, Inc. (D)................................ 10 87 THQ, Inc. (D)(G).................................. 2,895 153 Tibco Software, Inc. (D).......................... 1,398 40 Transaction Systems Architects, Inc. (D)(G)....... 1,275 50 Trident Microsystems, Inc. (D).................... 1,068 82 Trizetto Group, Inc. (D).......................... 1,595 7 United Industrial Corp. .......................... 326 2 Universal Electronics, Inc. (D)................... 43 122 VA Software Corp. (D)............................. 443 27 Valueclick, Inc. (D).............................. 769 12 Varian, Inc. (D).................................. 700 179 VeriFone Holdings, Inc. (D)(G).................... 6,315 73 Verint Systems, Inc. (D).......................... 2,100 31 Vignette Corp. (D)................................ 580 6 Vital Images, Inc. (D)............................ 184 57 Websense, Inc. (D)................................ 1,401 103 Wind River Systems, Inc. (D)...................... 1,009 44 Zoran Corp. (D)................................... 878 -------- 129,931 -------- TRANSPORTATION -- 2.2% 3,002 Air Asia BHD (D)(A)............................... 1,695 98 American Commercial Lines, Inc. (D)............... 2,881 3 Atlas Air Worldwide Holdings, Inc. (D)............ 169
MARKET SHARES VALUE (W) - --------- --------- TRANSPORTATION -- (CONTINUED) 112 ExpressJet Holdings, Inc. (D)..................... $ 666 35 Horizon Lines, Inc. Class A....................... 1,178 18 Hornbeck Offshore Services, Inc. (D).............. 566 81 Landstar System, Inc. (G)......................... 3,906 5 Winnebago Industries, Inc. ....................... 144 -------- 11,205 -------- UTILITIES -- 0.8% 46 Suntech Power Holdings Co., Ltd. ADR (D)(G)....... 1,665 72 Theolia S.A. (D)(A)............................... 2,652 -------- 4,317 -------- Total common stock (cost $444,390)................................. $489,610 -------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 17.8% REPURCHASE AGREEMENTS -- 2.8% $ 3,686 Banc of America TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 3,686 1,365 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 1,365 890 BNP Paribas Securities Corp. Repurchase Agreement, 5.10%, 05/01/2007............................... 890 43 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 43 1,829 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 1,829 1,054 RBS Greenwich Capital Markets, 5.10%, 05/01/2007............................... 1,054 4,178 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 4,178 1,068 UBS Securities, Inc. Repurchase Agreement, 5.10%, 05/01/2007............................... 1,068 -------- 14,113 -------- SHARES - --------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 15.0% CASH COLLATERAL REINVESTMENT FUND: 76,477 Mellon GSL DBTII Collateral Fund.................. 76,473 -------- Total short-term investments (cost $90,586).................................. $ 90,586 -------- Total investments in securities (cost $534,976) (C)............................. $580,196 ========
The accompanying notes are an integral part of these financial statements. 223 THE HARTFORD SMALL COMPANY FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - -------------------------------------------------------------------------------- Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 7.05% of total net assets at April 30, 2007. (A)The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $20,055, which represents 3.94% of total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $536,722 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation........................ $ 54,485 Unrealized depreciation........................ (11,011) -------- Net unrealized appreciation.................... $ 43,474 ========
(D)Currently non-income producing. (G) Security is partially on loan at April 30, 2007. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. FORWARD FOREIGN CURRENCY CONTRACTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED MARKET CONTRACT DELIVERY APPRECIATION DESCRIPTION TRANSACTION VALUE AMOUNT DATE (DEPRECIATION) - ----------- ----------- ------ -------- ---------- -------------- Australian Dollar Buy $128 $128 05/02/2007 $-- Australian Dollar Buy 658 659 05/03/2007 (1) Australian Dollar Buy 175 174 05/03/2007 1 British Pound Sell 355 354 05/02/2007 (1) Mexican Peso Sell 428 428 05/02/2007 -- --- $(1) ===
The accompanying notes are an integral part of these financial statements. 224 THE HARTFORD SMALLCAP GROWTH FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 98.1% BASIC MATERIALS -- 6.4% 18 AK Steel Holding Corp. (D)........................ $ 536 10 Alpha Natural Resources, Inc. (D)................. 179 16 Aventine Renewable Energy Holdings, Inc. (D)(G)... 300 9 Cabot Microelectronics Corp. (D).................. 303 19 Carpenter Technology Corp. ....................... 2,282 30 Century Aluminum Co. (D)(G)....................... 1,415 7 Cenveo, Inc. (D).................................. 185 44 Ceradyne, Inc. (D)(G)............................. 2,601 38 Champion Enterprises, Inc. (D)(G)................. 386 56 Chaparral Steel Co. (G)........................... 3,967 101 Cleveland-Cliffs, Inc. (G)........................ 7,021 13 Georgia Gulf Corp. (G)............................ 207 8 Grace (W.R.) & Co. (D)............................ 205 24 Hercules, Inc. (D)................................ 445 11 Insteel Industries, Inc. ......................... 184 5 Kaydon Corp. ..................................... 252 5 NCI Building Systems, Inc. (D).................... 260 5 Neenah Paper, Inc. ............................... 185 9 Pioneer Co. (D)................................... 255 14 Playtex Products, Inc. (D)(G)..................... 212 9 Quanex Corp. ..................................... 385 2 RTI International Metals, Inc. (D)................ 223 77 Select Comfort Corp. (D)(G)....................... 1,434 77 Sun Hydraulics Corp. ............................. 2,401 117 Tempur-Pedic International, Inc. (G).............. 3,033 55 Timken Co. ....................................... 1,824 8 Tupperware Brands Corp. .......................... 231 -------- 30,911 -------- CAPITAL GOODS -- 6.1% 8 ACCO Brands Corp. (D)............................. 183 26 Armor Holdings, Inc. (D)(G)....................... 1,852 9 Clarcor, Inc. .................................... 278 10 Daktronics, Inc. (G).............................. 236 79 Graco, Inc. (G)................................... 3,134 34 II - VI, Inc. (D)................................. 911 38 Intevac, Inc. (D)................................. 916 17 Leapfrog Enterprises, Inc. (D).................... 189 48 Lennox International, Inc. ....................... 1,613 23 Lufkin Industries, Inc. .......................... 1,413 12 Marvel Entertainment, Inc. (D).................... 355 49 MKS Instruments, Inc. (D)......................... 1,321 43 Nordson Corp. (G)................................. 1,971 8 Oil States International, Inc. (D)................ 280 17 Orbital Sciences Corp. (D)........................ 347 7 SauerDanfoss, Inc. ............................... 200 97 Steelcase, Inc. .................................. 1,888 87 Tennant Co. ...................................... 2,783 12 Tessera Technologies, Inc. (D).................... 530 33 Toro Co. (G)...................................... 1,653 113 Varian Semiconductor Equipment Associates, Inc. (D)(G).......................................... 7,485 -------- 29,538 -------- CONSUMER CYCLICAL -- 12.7% 58 Aeropostale, Inc. (D)............................. 2,368 8 Albany International Corp. Class A (G)............ 320 90 American Woodmark Corp. (G)....................... 3,100
MARKET SHARES VALUE (W) - --------- --------- CONSUMER CYCLICAL -- (CONTINUED) 3 AMREP Corp. (G)................................... $ 174 89 AnnTaylor Stores Corp. (D)(G)..................... 3,413 69 Applied Industrial Technologies, Inc. ............ 1,862 417 Arris Group, Inc. (D)............................. 6,183 53 Bon-Ton Stores, Inc. (G).......................... 2,628 8 Brown Shoe Co., Inc. ............................. 228 43 Charlotte Russe Holding, Inc. (D)................. 1,187 5 Deckers Outdoor Corp. (D)......................... 379 62 Dress Barn, Inc. (D).............................. 1,238 146 DSW, Inc. (D)(G).................................. 5,655 62 First Cash Financial Services, Inc. (D)........... 1,425 4 Granite Construction, Inc. ....................... 265 8 Guess?, Inc. (G).................................. 318 10 Gymboree Corp. (D)................................ 394 6 Hibbett Sports Inc. (D)........................... 178 81 Hot Topic, Inc. (D)............................... 909 12 Iconix Brand Group, Inc. (D)(G)................... 240 101 J. Crew Group, Inc. (D)........................... 4,085 7 K-Swiss, Inc. .................................... 188 50 Maidenform Brands, Inc. (D)....................... 1,009 24 McGrath RentCorp.................................. 715 8 Men's Wearhouse, Inc. (G)......................... 366 100 New York & Co., Inc. (D).......................... 1,401 75 Noble International Ltd. (G)...................... 1,215 21 P. F. Chang's China Bistro, Inc. (D)(G)........... 819 9 Payless ShoeSource, Inc. (D)...................... 281 62 Phillips-Van Heusen Corp. ........................ 3,450 26 PSS World Medical, Inc. (D)....................... 513 90 Quicksilver, Inc. (D)............................. 1,197 43 RARE Hospitality International, Inc. (D)(G)....... 1,241 50 Sigma Designs, Inc. (D)(G)........................ 1,169 189 Skechers U.S.A., Inc. Class A (D)................. 5,927 7 Sotheby's......................................... 374 90 Source Information Management Co. (D)(G).......... 585 82 Talbots, Inc. (G)................................. 1,915 8 The Buckle, Inc. ................................. 274 184 True Religion Apparel, Inc. (D)(G)................ 2,748 -------- 61,936 -------- CONSUMER STAPLES -- 0.7% 5 Chattem, Inc. (D)(G).............................. 277 7 Lancaster Colony Corp. ........................... 309 4 Ralcorp Holdings, Inc. (D)........................ 273 231 Sally Beauty Co., Inc. (D)........................ 2,264 11 Vector Group Ltd. (G)............................. 208 -------- 3,331 -------- ENERGY -- 4.7% 8 Alon USA Energy, Inc. ............................ 288 5 ATP Oil & Gas Corp. (D)........................... 204 7 Berry Petroleum Co. .............................. 251 168 Cabot Oil & Gas Corp. (G)......................... 6,113 12 Comstock Resources, Inc. (D)...................... 328 8 Crosstex Energy, Inc. (G)......................... 236 111 Delek U.S. Holdings, Inc. ........................ 2,113 29 Frontier Oil Corp. (G)............................ 1,018 1 Giant Industries, Inc. (D)........................ 67 313 Grey Wolf, Inc. (D)............................... 2,244 12 Headwaters, Inc. (D).............................. 267
The accompanying notes are an integral part of these financial statements. 225 THE HARTFORD SMALLCAP GROWTH FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) ENERGY -- (CONTINUED) 41 Hercules Offshore, Inc. (D)(G).................... $ 1,279 11 Mariner Energy, Inc. (D).......................... 254 3 Penn Virginia Corp. .............................. 273 22 Petrohawk Energy Corp. (D)........................ 321 6 Petroleum Development Corp. (D)................... 296 177 Pioneer Drilling Co. (D)(G)....................... 2,429 44 St. Mary Land & Exploration Co. .................. 1,619 28 Swift Energy Co. (D).............................. 1,154 47 Trico Marine Services, Inc. (D)(G)................ 1,819 32 Vaalco Energy, Inc. (D)........................... 174 5 W-H Energy Services (D)........................... 264 -------- 23,011 -------- FINANCE -- 8.3% 71 Advanta Corp. Class B............................. 3,251 20 Allied World Assurance Holdings Ltd. ............. 895 26 Amerigroup Corp. (D).............................. 721 124 Amerisafe, Inc. (D)............................... 2,486 62 Arch Capital Group Ltd. (D)....................... 4,493 121 Aspen Insurance Holdings Ltd. .................... 3,210 15 Centene Corp. (D)................................. 308 18 City Holding Co. ................................. 676 12 Cousins Properties, Inc. (G)...................... 407 33 Dollar Financial Corp. (D)........................ 950 4 EastGroup Properties, Inc. ....................... 205 29 eHealth, Inc. (D)(G).............................. 645 158 Encore Capital Group, Inc. (D).................... 1,885 25 Ezcorp, Inc. (D)(G)............................... 378 43 First Community Bancorp, Inc. .................... 2,359 5 Greenhill & Co., Inc. (G)......................... 307 13 HealthExtras, Inc. (D)............................ 396 175 Impac Mortgage Holdings, Inc. (G)................. 971 43 IndyMac Bancorp, Inc. (G)......................... 1,291 12 Inland Real Estate Corp. ......................... 218 4 International Securities Exchange Holdings, Inc. ........................................... 283 35 Maguire Properties, Inc. (G)...................... 1,254 13 Molina Healthcare, Inc. (D)....................... 406 52 National Financial Partners Corp. ................ 2,400 121 Net 1 UEPS Technologies, Inc. (D)................. 3,049 16 Omega Healthcare Investors........................ 261 10 optionsXpress Holdings, Inc. ..................... 245 3 PS Business Parks, Inc. (G)....................... 216 36 Strategic Hotels & Resorts, Inc. ................. 784 23 Sunstone Hotel Investors, Inc. ................... 642 90 UTStarcom, Inc. (D)(G)............................ 643 67 Waddell and Reed Financial, Inc. Class A.......... 1,625 31 Wellcare Health Plans, Inc. (D)(G)................ 2,531 -------- 40,391 -------- HEALTH CARE -- 17.4% 135 Acadia Pharmaceuticals, Inc. (D)(G)............... 1,843 8 Adams Respiratory Therapeutics, Inc. (D).......... 315 10 Affymetrix, Inc. (D).............................. 260 284 Alkermes, Inc. (D)(G)............................. 4,660 11 Alpharma, Inc. Class A (G)........................ 270 107 American Oriental Bioengineering, Inc. (D)(G)..... 1,064 8 AmSurg Corp. (D).................................. 188
MARKET SHARES VALUE (W) - --------- --------- HEALTH CARE -- (CONTINUED) 58 Amylin Pharmaceuticals, Inc. (D)(G)............... $ 2,397 219 Applera Corp. -- Celera Group (D)................. 3,062 22 Apria Healthcare Group, Inc. (D).................. 682 147 Ciphergen Biosystems, Inc. (D)(G)................. 212 45 CONMED Corp. (D).................................. 1,349 9 Cubist Pharmaceuticals, Inc. (D).................. 182 360 CV Therapeutics, Inc. (D)(G)...................... 3,034 120 Cytokinetics, Inc. (D)(G)......................... 795 4 Digene Corp. (D).................................. 194 292 Encysive Pharmaceuticals, Inc. (D)(G)............. 971 203 Exelixis, Inc. (D)(G)............................. 2,176 7 Haemonetics Corp. (D)............................. 335 8 Healthways, Inc. (D)(G)........................... 325 115 Human Genome Sciences, Inc. (D)(G)................ 1,235 68 Immucor, Inc. (D)(G).............................. 2,223 141 Incyte Corp. (D)(G)............................... 1,087 12 InterMune, Inc. (D)(G)............................ 356 67 Isis Pharmaceuticals, Inc. (D)(G)................. 688 6 Kyphon, Inc. (D).................................. 302 9 LCA-Vision, Inc. (G).............................. 357 9 Lifecell Corp. (D)(G)............................. 264 214 LifePoint Hospitals, Inc. (D)(G).................. 7,799 56 Longs Drug Stores Corp. (G)....................... 3,076 46 Magellan Health Services, Inc. (D)................ 1,954 115 Mannatech, Inc. (G)............................... 1,770 14 Medicines Co. (D)(G).............................. 325 14 Medicis Pharmaceutical Corp. Class A.............. 412 97 Mentor Corp. ..................................... 3,786 8 Meridian Bioscience, Inc. ........................ 252 11 MGI Pharma, Inc. (D).............................. 233 10 NBTY, Inc. (D).................................... 497 16 Nektar Therapeutics (D)(G)........................ 202 664 NPS Pharmaceuticals, Inc. (D)..................... 2,644 79 Onyx Pharmaceuticals, Inc. (D)(G)................. 2,117 10 OSI Pharmaceuticals, Inc. (D)..................... 357 8 Par Pharmaceutical Cos., Inc. (D)................. 221 7 PAREXEL International Corp. (D)................... 266 232 Perrigo Co. (G)................................... 4,403 42 PharmaNet Development Group, Inc. (D)............. 1,152 88 Pharmion Corp. (D)................................ 2,670 36 Progenics Pharmaceuticals, Inc. (D)............... 871 5 Psychiatric Solutions, Inc. (D)................... 165 222 Regeneron Pharmaceuticals, Inc. (D)............... 6,025 228 Rigel Pharmaceuticals, Inc. (D)................... 2,419 70 Salix Pharmaceuticals Ltd. (D)(G)................. 915 10 Sciele Pharma, Inc. (D)........................... 259 132 STERIS Corp. ..................................... 3,379 8 SurModics, Inc. (D)(G)............................ 306 6 United Therapeutics Corp. (D)..................... 344 6 Usana Health Sciences, Inc. (D)(G)................ 235 13 Valeant Pharmaceuticals International............. 225 26 ViroPharma, Inc. (D)(G)........................... 398 8 West Pharmaceutical Services...................... 376 7 Wright Medical Group, Inc. (D)(G)................. 172 85 Zoll Medical Corp. (D)............................ 2,045 101 Zymogenetics, Inc. (D)(G)......................... 1,512 -------- 84,608 --------
The accompanying notes are an integral part of these financial statements. 226 - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) SERVICES -- 13.5% 20 Advisory Board Co. (D)(G)......................... $ 945 8 Allscripts Healthcare Solutions, Inc. (D)(G)...... 208 4 Anixter International, Inc. (D)(G)................ 283 8 Atheros Communications, Inc. (D).................. 220 202 BISYS Group, Inc. (D)(G).......................... 2,342 6 CACI International, Inc. Class A (D).............. 261 30 Central European Media Enterprises Ltd. (D)....... 2,713 50 Cerner Corp. (D).................................. 2,662 22 Cogent, Inc. (D).................................. 313 43 Comsys IT Partners, Inc. (D)...................... 974 9 Corvel (D)(G)..................................... 258 8 DeVry, Inc. ...................................... 254 19 Diamond Management & Technology................... 211 11 Digital River, Inc. (D)........................... 618 54 Factset Research Systems, Inc. ................... 3,322 30 Foundry Networks, Inc. (D)........................ 457 10 Gartner, Inc. Class A (D)......................... 262 7 Geo Group, Inc. (D)............................... 342 41 Gevity HR, Inc. (G)............................... 763 217 Global Imaging Systems, Inc. (D)(G)............... 6,278 86 Healthspring, Inc. (D)(G)......................... 2,025 42 Heidrick & Struggles International, Inc. (D)...... 1,999 123 Hub Group, Inc. (D)............................... 4,428 66 Imergent, Inc. (G)................................ 1,690 33 inVentiv Health, Inc. (D)......................... 1,268 21 INVESTools, Inc. (D)(G)........................... 288 75 ITT Educational Services, Inc. (D)................ 7,330 84 Jack Henry & Associates, Inc. (G)................. 1,997 12 Korn/Ferry International (D)...................... 276 74 Live Nation, Inc. (D)(G).......................... 1,508 6 Lodgenet Entertainment Corp. (D).................. 206 16 Macrovision Corp. (D)............................. 388 15 Manhattan Associates, Inc. (D).................... 420 6 Mantech International Corp. Class A (D)........... 178 68 Martha Stewart Living Omnimedia, Inc. (G)......... 1,298 5 Micros Systems (D)................................ 284 76 Parametric Technology Corp. (D)(G)................ 1,349 111 Perot Systems Corp. Class A (D)(G)................ 1,983 4 Pre-Paid Legal Services, Inc. (D)(G).............. 217 83 Priceline.com, Inc. (D)(G)........................ 4,641 9 Quality Systems (G)............................... 375 54 Resources Connection, Inc. (D)(G)................. 1,617 25 Sinclair Broadcast Group, Inc. Class A............ 412 8 TeleTech Holdings, Inc. (D)....................... 298 13 Time Warner Telecom, Inc. Class A (D)............. 265 85 Watson Wyatt Worldwide, Inc. ..................... 3,997 43 Wright Express Corp. (D).......................... 1,345 -------- 65,768 -------- TECHNOLOGY -- 24.4% 5 A.O. Smith Corp. ................................. 194 142 Acuity Brands, Inc. .............................. 8,376 60 Acxiom Corp. ..................................... 1,345 14 ADTRAN, Inc. (G).................................. 346 280 Advanced Energy Industries, Inc. (D)(G)........... 6,870 194 Amkor Technology, Inc. (D)........................ 2,709 7 Ansoft Corp. (D).................................. 236 45 Ansys, Inc. (D)(G)................................ 2,292
MARKET SHARES VALUE (W) - --------- --------- TECHNOLOGY -- (CONTINUED) 11 Authorize.Net Holdings, Inc. (D).................. $ 196 5 Baldor Electric Co. .............................. 197 42 Benchmark Electronics, Inc. (D)................... 887 4 Biosite Diagnostics, Inc. (D)..................... 401 102 Blackbaud, Inc. .................................. 2,248 427 Brocade Communications Systems, Inc. (D)(G)....... 4,175 22 Bruker BioSciences Corp. (D)...................... 247 18 C-COR.net Corp. (D)............................... 217 143 Cirrus Logic, Inc. (D)............................ 1,180 5 CommScope, Inc. (D)............................... 238 38 Comtech Telecommunications Corp. (D).............. 1,442 108 CSG Systems International, Inc. (D)(G)............ 2,897 6 DealerTrack Holdings, Inc. (D).................... 205 3 Dionex Corp. (D)(G)............................... 213 34 Dobson Communications Corp. (D)................... 305 183 Eagle Test Systems, Inc. (D)...................... 3,157 101 eFunds Corp. (D)(G)............................... 2,815 350 Emulex Corp. (D)(G)............................... 7,337 11 FLIR Systems, Inc. (D)(G)......................... 440 6 FormFactor, Inc. (D).............................. 239 5 General Cable Corp. (D)........................... 300 100 Golden Telecom, Inc. (G).......................... 5,849 10 Hologic, Inc. (D)................................. 548 8 IHS, Inc. (D)..................................... 341 21 Informatica Corp. (D)............................. 316 8 Innovative Solutions & Support, Inc. (D).......... 209 18 Internap Network Services Corp. (D)............... 280 21 Interwoven, Inc. (D).............................. 315 134 j2 Global Communications, Inc. (D)................ 3,857 92 Komag, Inc. (D)(G)................................ 2,531 66 Lamson & Sessions Co. (D)......................... 1,679 49 LTX Corp. (D)..................................... 293 202 Micrel, Inc. (D).................................. 2,538 44 MicroStrategy, Inc. (D)........................... 5,026 10 Middleby Corp. (D)................................ 1,332 46 Neustar, Inc. (D)................................. 1,320 91 Novatel, Inc. (D)................................. 3,194 28 Nuance Communications, Inc. (D)(G)................ 436 185 ON Semiconductor Corp. (D)(G)..................... 1,977 12 Palomar Medical Technologies, Inc. (D)............ 491 81 Polycom, Inc. (D)................................. 2,711 77 RealNetworks, Inc. (D)(G)......................... 584 47 Regal-Beloit Corp. (G)............................ 2,181 49 RF Micro Devices, Inc. (D)(G)..................... 304 5 SAVVIS, Inc. (D).................................. 266 124 Silicon Image, Inc. (D)(G)........................ 1,089 60 Silicon Storage Technology, Inc. (D).............. 245 12 SiRF Technology Holdings, Inc. (D)................ 294 366 Skyworks Solutions, Inc. (D)(G)................... 2,522 73 Smart Modular Technologies, Inc. (D).............. 964 10 Smith Micro Software, Inc. (D).................... 157 34 Sonus Networks, Inc. (D).......................... 260 149 Spectrum Brands, Inc. (D)(G)...................... 1,036 8 SRA International, Inc. (D)....................... 191 9 Supertex, Inc. (D)................................ 300 80 Sybase, Inc. (D).................................. 1,946 100 Syntax-Brillian Corp. (D)(G)...................... 713 5 THQ, Inc. (D)..................................... 180 60 Tibco Software, Inc. (D).......................... 549
The accompanying notes are an integral part of these financial statements. 227 THE HARTFORD SMALLCAP GROWTH FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) TECHNOLOGY -- (CONTINUED) 58 Travelzoo, Inc. (D)(G)............................ $ 1,607 20 Trident Microsystems, Inc. (D).................... 429 39 Triumph Group, Inc. .............................. 2,353 191 Trizetto Group, Inc. (D).......................... 3,711 46 Ultra Clean Holdings, Inc. (D)(G)................. 669 33 United Industrial Corp. (G)....................... 1,619 164 United Online, Inc. .............................. 2,364 11 Valueclick, Inc. (D).............................. 326 5 Varian, Inc. (D).................................. 294 135 Vishay Intertechnology, Inc. (D).................. 2,241 3 WebEx Communications, Inc. (D).................... 179 23 Websense, Inc. (D)................................ 579 38 Wind River Systems, Inc. (D)...................... 376 32 Zoran Corp. (D)................................... 637 -------- 118,112 -------- TRANSPORTATION -- 3.9% 28 Alaska Air Group, Inc. (D)........................ 814 165 American Commercial Lines, Inc. (D)............... 4,852 3 Atlas Air Worldwide Holdings, Inc. (D)............ 190 45 ExpressJet Holdings, Inc. (D)..................... 266 60 Freighter America, Inc. .......................... 2,991 70 General Maritime Corp. ........................... 2,247 13 Horizon Lines, Inc. Class A....................... 457 7 Hornbeck Offshore Services, Inc. (D).............. 218 243 Knight Transportation, Inc. (G)................... 4,732 25 Thor Industries, Inc. ............................ 988 60 Werner Enterprises, Inc. (G)...................... 1,129 5 Winnebago Industries, Inc. ....................... 173 -------- 19,057 -------- Total common stock (cost $427,556)................................. $476,663 -------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 19.7% REPURCHASE AGREEMENTS -- 2.2% $ 1,243 Banc of America TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 1,243 460 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 460 2,070 BNP Paribas Securities Corp. Repurchase Agreement, 5.10%, 05/01/2007............................... 2,070 15 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 15 617 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 617 2,452 RBS Greenwich Capital Markets Repurchase Agreement, 5.10%, 05/01/2007............................... 2,452
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- REPURCHASE AGREEMENTS -- (CONTINUED) $ 1,409 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 1,409 2,483 UBS Securities, Inc. Repurchase Agreement, 5.10%, 05/01/2007............................... 2,483 -------- 10,749 -------- SHARES - --------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 17.5% CASH COLLATERAL REINVESTMENT FUND: 85,144 Mellon GSL DBTII Collateral Fund.................. 84,840 -------- PRINCIPAL AMOUNT - --------- U.S. TREASURY BILL -- 0.0% $ 175 U.S. Treasury Bill, 5.06%, 06/14/2007 (M)(S)........................ 174 -------- Total short-term investments (cost $95,763).................................. $ 95,763 -------- Total investments in securities (cost $523,319) (C)............................. $572,426 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 0.66% of total net assets at April 30, 2007. (C) At April 30, 2007, the cost of securities for federal income tax purposes was $524,384 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation........................ $ 69,511 Unrealized depreciation........................ (21,469) -------- Net unrealized appreciation.................... $ 48,042 ========
(D) Currently non-income producing. (G) Security is partially on loan at April 30, 2007. (M) The interest rate disclosed for these securities represents the effective yield on the date of acquisition. (S) Security pledged as initial margin deposit for open futures contracts at April 30, 2007. FUTURES CONTRACTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED NUMBER OF APPRECIATION DESCRIPTION CONTRACTS* POSITION EXPIRATION (DEPRECIATION) ----------- ---------- -------- ---------- -------------- Russell Mini futures 15 Long June 2007 $(24) ====
* The number of contracts does not omit 000's. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 228 THE HARTFORD STOCK FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------------------- ---------- COMMON STOCK -- 99.9% BASIC MATERIALS -- 5.5% 419 Alcoa, Inc. ...................................... $ 14,853 158 Arcelor Mittal (G)................................ 8,456 173 Cameco Corp. ..................................... 8,047 234 Companhia Vale do Rio Doce ADR.................... 9,495 193 Freeport-McMoRan Copper & Gold, Inc. ............. 12,975 185 Newmont Mining Corp. ............................. 7,723 213 SXR Uranium One, Inc. (D)......................... 3,197 ---------- 64,746 ---------- CAPITAL GOODS -- 2.1% 34 American Standard Cos., Inc. ..................... 1,883 181 Caterpillar, Inc. ................................ 13,152 85 Deere & Co. ...................................... 9,266 ---------- 24,301 ---------- CONSUMER CYCLICAL -- 6.7% 185 Best Buy Co., Inc. ............................... 8,640 476 Circuit City Stores, Inc. ........................ 8,306 536 D.R. Horton, Inc. ................................ 11,889 183 Home Depot, Inc. ................................. 6,923 518 Lowe's Cos., Inc. ................................ 15,815 231 Supervalu, Inc. .................................. 10,589 346 Wal-Mart Stores, Inc. ............................ 16,566 ---------- 78,728 ---------- CONSUMER STAPLES -- 7.1% 133 Bunge Ltd. Finance Corp. ......................... 10,099 2 Japan Tobacco, Inc. (A)........................... 9,451 380 Kraft Foods, Inc. ................................ 12,732 330 PepsiCo, Inc. .................................... 21,797 465 Procter & Gamble Co. ............................. 29,923 ---------- 84,002 ---------- ENERGY -- 7.6% 92 CNOOC Ltd. ADR.................................... 7,830 83 ConocoPhillips Holding Co. ....................... 5,777 269 EnCana Corp. ..................................... 14,088 225 Exxon Mobil Corp. ................................ 17,876 427 Halliburton Co. .................................. 13,578 238 OAO Gazprom ADR (K)............................... 9,502 281 Occidental Petroleum Corp. ....................... 14,226 117 XTO Energy, Inc. ................................. 6,360 ---------- 89,237 ---------- FINANCE -- 23.3% 1,043 Akbank T.A.S (A)(G)............................... 7,503 443 American International Group, Inc. ............... 30,974 1,021 Amvescap plc (A).................................. 11,977 516 Bank of America Corp. ............................ 26,244 213 Bank of New York Co., Inc. ....................... 8,606 360 Capital One Financial Corp. ...................... 26,749 534 Citigroup, Inc. .................................. 28,644 159 Commerce Bancorp, Inc. ........................... 5,300 385 Countrywide Financial Corp. ...................... 14,287 460 E*Trade Financial Corp. (D)....................... 10,150 81 Goldman Sachs Group, Inc. ........................ 17,707
MARKET SHARES VALUE (W) - --------------------- ---------- FINANCE -- (CONTINUED) 251 ING Groep N.V.-Sponsored ADR (G).................. $ 11,466 1 Mitsubishi UFJ Financial Group, Inc. (A).......... 5,794 245 State Street Corp. ............................... 16,839 293 UBS AG............................................ 18,987 349 UnitedHealth Group, Inc. ......................... 18,529 687 Western Union Co. ................................ 14,470 ---------- 274,226 ---------- HEALTH CARE -- 10.6% 193 Abbott Laboratories............................... 10,922 102 AstraZeneca plc (A)............................... 5,556 700 Boston Scientific Corp. (D)....................... 10,805 384 Bristol-Myers Squibb Co. ......................... 11,082 905 Elan Corp. plc ADR (D)(G)......................... 12,554 399 Eli Lilly & Co. .................................. 23,575 95 Merck & Co., Inc. ................................ 4,887 388 Sanofi-Aventis S.A. ADR (G)....................... 17,803 447 Schering-Plough Corp. ............................ 14,196 380 Shionogi & Co., Ltd. (A)(G)....................... 7,405 116 Wyeth............................................. 6,421 ---------- 125,206 ---------- SERVICES -- 8.1% 246 Accenture Ltd. Class A............................ 9,634 297 KBR, Inc. (D)..................................... 6,140 114 Monster Worldwide, Inc. (D)....................... 4,794 838 Time Warner, Inc. ................................ 17,280 356 United Parcel Service, Inc. Class B............... 25,094 251 Viacom, Inc. Class B (D).......................... 10,364 305 Waste Management, Inc. ........................... 11,414 881 XM Satellite Radio Holdings, Inc. Class A (D)(G).......................................... 10,304 ---------- 95,024 ---------- TECHNOLOGY -- 28.3% 180 Activision, Inc. (D)(G)........................... 3,594 200 Apple, Inc. (D)................................... 19,990 729 AT&T, Inc. ....................................... 28,225 1,062 Cisco Systems, Inc. (D)........................... 28,395 533 Corning, Inc. (D)................................. 12,650 1,066 EMC Corp. (D)..................................... 16,177 713 Flextronics International Ltd. (D)(G)............. 7,952 1,597 General Electric Co. ............................. 58,880 44 Google, Inc. (D).................................. 20,552 365 Maxim Integrated Products, Inc. .................. 11,571 424 Medtronic, Inc. .................................. 22,437 82 NII Holdings, Inc. Class B (D).................... 6,286 738 Oracle Corp. (D).................................. 13,871 67 Research In Motion Ltd. (D)....................... 8,750 9 Samsung Electronics Co., Ltd. (A)................. 5,762 233 Sharp Corp. (A)................................... 4,276 1,059 Sprint Nextel Corp. .............................. 21,204 457 Texas Instruments, Inc. .......................... 15,697 124 Whirlpool Corp. .................................. 13,105 473 Yahoo!, Inc. (D).................................. 13,266 ---------- 332,640 ----------
The accompanying notes are an integral part of these financial statements. 229 THE HARTFORD STOCK FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------------------- ---------- COMMON STOCK -- (CONTINUED) UTILITIES -- 0.6% 46 E.On AG (A)(G).................................... $ 6,846 ---------- Total common stock (cost $1,084,592)............................... $1,174,956 ---------- PRINCIPAL AMOUNT - --------------------- SHORT-TERM INVESTMENTS -- 5.2% REPURCHASE AGREEMENTS -- 0.2% $ 1,083 Bank of America Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 1,083 401 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 401 13 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 13 537 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 537 1,227 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 1,227 ---------- 3,261 ---------- SHARES - --------------------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 5.0% CASH COLLATERAL REINVESTMENT FUND: 58,397 Navigator Prime Portfolio......................... 58,397 ---------- Total short-term investments (cost $61,658).................................. $ 61,658 ---------- Total investments in securities (cost $1,146,250) (C)........................... $1,236,614 ==========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 16.55% of total net assets at April 30, 2007. (A)The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $64,570, which represents 5.49% of total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $1,163,551 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation........................ $107,558 Unrealized depreciation........................ (34,495) -------- Net unrealized appreciation.................... $ 73,063 ========
(D)Currently non-income producing. (G)Security is partially on loan at April 30, 2007. (K)Securities contain some restrictions as to public resale. These securities comply with Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, and are determined to be liquid. At April 30, 2007, the market value of these securities amounted to $9,502 or 0.81% of total net assets. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. FORWARD FOREIGN CURRENCY CONTRACTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED MARKET CONTRACT DELIVERY APPRECIATION DESCRIPTION TRANSACTION VALUE AMOUNT DATE (DEPRECIATION) - ----------- ----------- ------ -------- ---------- -------------- British Pound Buy $3,465 $3,452 05/01/2007 $13 British Pound Buy 1,264 1,262 05/02/2007 2 --- $15 ===
The accompanying notes are an integral part of these financial statements. 230 THE HARTFORD TARGET RETIREMENT 2010 FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- AFFILIATED INVESTMENT COMPANIES -- 99.1% EQUITY FUNDS -- 46.8% 23 Hartford Capital Appreciation Fund, Class Y....... $ 973 13 Hartford Disciplined Equity Fund, Class Y......... 193 10 Hartford Equity Income Fund, Class Y.............. 148 22 Hartford Global Leaders Fund, Class Y............. 465 4 Hartford Growth Opportunities Fund, Class Y....... 140 15 Hartford International Opportunities Fund, Class Y............................................... 273 16 Hartford International Small Company Fund, Class Y............................................... 275 3 Hartford Select SmallCap Value Fund, Class Y...... 38 10 Hartford Small Company Fund, Class Y.............. 242 59 Hartford Value Fund, Class Y...................... 781 ------ Total equity funds (cost $3,386)................................... $3,528 ------ FIXED INCOME FUNDS -- 52.3% 54 Hartford Floating Rate Fund, Class Y.............. $ 547 114 Hartford Income Fund, Class Y..................... 1,183 44 Hartford Inflation Plus Fund, Class Y............. 466 126 Hartford Short Duration Fund, Class Y............. 1,250 46 Hartford Total Return Bond Fund, Class Y.......... 495 ------ Total fixed income funds (cost $3,924)................................... $3,941 ------ Total investments in affiliated investment companies (cost $7,310) (C)............................... $7,469 ======
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $7,310 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation............................ $159 Unrealized depreciation............................ -- ---- Net unrealized appreciation........................ $159 ====
(W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 231 THE HARTFORD TARGET RETIREMENT 2020 FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - ------ --------- AFFILIATED INVESTMENT COMPANIES -- 99.4% EQUITY FUNDS -- 63.4% 44 Hartford Capital Appreciation Fund, Class Y....... $ 1,862 25 Hartford Disciplined Equity Fund, Class Y......... 365 32 Hartford Equity Income Fund, Class Y.............. 472 25 Hartford Global Leaders Fund, Class Y............. 532 13 Hartford Growth Opportunities Fund, Class Y....... 403 30 Hartford International Opportunities Fund, Class Y............................................... 549 33 Hartford International Small Company Fund, Class Y............................................... 554 17 Hartford Select SmallCap Value Fund, Class Y...... 205 17 Hartford Small Company Fund, Class Y.............. 407 128 Hartford Value Fund, Class Y...................... 1,698 ------- Total equity funds (cost $6,758)................................... $ 7,047 ------- FIXED INCOME FUNDS -- 36.0% 57 Hartford Floating Rate Fund, Class Y.............. $ 575 166 Hartford Income Fund, Class Y..................... 1,724 41 Hartford Inflation Plus Fund, Class Y............. 433 73 Hartford Short Duration Fund, Class Y............. 723 51 Hartford Total Return Bond Fund, Class Y.......... 545 ------- Total fixed income funds (cost $3,984)................................... $ 4,000 ------- Total investments in affiliated investment companies (cost $10,742) (C).............................. $11,047 =======
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $10,743 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation............................ $304 Unrealized depreciation............................ -- ---- Net unrealized appreciation........................ $304 ====
(W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 232 THE HARTFORD TARGET RETIREMENT 2030 FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- AFFILIATED INVESTMENT COMPANIES -- 99.2% EQUITY FUNDS -- 77.9% 41 Hartford Capital Appreciation Fund, Class Y....... $1,714 44 Hartford Disciplined Equity Fund, Class Y......... 658 26 Hartford Equity Income Fund, Class Y.............. 383 21 Hartford Global Leaders Fund, Class Y............. 444 11 Hartford Growth Opportunities Fund, Class Y....... 347 34 Hartford International Opportunities Fund, Class Y............................................... 627 37 Hartford International Small Company Fund, Class Y............................................... 628 15 Hartford Select SmallCap Value Fund, Class Y...... 182 18 Hartford Small Company Fund, Class Y.............. 429 123 Hartford Value Fund, Class Y...................... 1,639 ------ Total equity funds (cost $6,722)................................... $7,051 ------ FIXED INCOME FUNDS -- 21.3% 39 Hartford Inflation Plus Fund, Class Y............. $ 412 42 Hartford Short Duration Fund, Class Y............. 417 102 Hartford Total Return Bond Fund, Class Y.......... 1,095 ------ Total fixed income funds (cost $1,915)................................... $1,924 ------ Total investments in affiliated investment companies (cost $8,637) (C)............................... $8,975 ======
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $8,637 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation............................ $338 Unrealized depreciation............................ -- ---- Net unrealized appreciation........................ $338 ====
(W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 233 THE HARTFORD TAX-FREE CALIFORNIA FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- MUNICIPAL BONDS -- 91.2% GENERAL OBLIGATIONS -- 9.1% $ 500 Atwater, CA, Public FA Sewer & Water Proj, 5.50%, 05/01/2028............................... $ 511 870 California, GO, 4.75%, 09/01/2028............................... 893 300 California Statewide Community DA, 4.80%, 09/01/2046............................... 297 600 Covina Valley, CA, USD, 4.38%, 08/01/2027............................... 598 400 Grant, CA, Joint USD GO, 4.38%, 08/01/2031............................... 394 250 Puerto Rico Commonwealth, GO, 5.00%, 07/01/2030............................... 261 200 San Diego, CA, Redev Agency Centre City Sub Pkg, 5.25%, 09/01/2026............................... 205 ------- 3,159 ------- HEALTH CARE/SERVICES -- 3.5% 200 California ABAG FA for Non-Profit Corp, San Diego Hospital Assoc, 5.38%, 03/01/2021............................... 209 250 California Health Fac FA, Catholic Healthcare West, 5.25%, 07/01/2023............................... 264 250 California Pollution Control FA, Pacific Gas & Electric, 3.50%, 12/01/2023............................... 250 200 California Public Works Board, Dept of Mental Health Patton, 5.38%, 04/01/2028............................... 211 250 California Statewide Community DA, Health Services Rev, 6.00%, 10/01/2023............................... 274 ------- 1,208 ------- HIGHER EDUCATION (UNIV., DORMS, ETC.) -- 15.5% 180 California Educational Fac Auth, La Verne University, 5.00%, 06/01/2031............................... 185 200 California Educational Fac Auth Rev, 5.00%, 01/01/2025............................... 206 455 California Educational Fac Auth Rev, 5.00%, 10/01/2025............................... 469 300 California Educational Fac Auth Rev, 5.00%, 12/01/2025............................... 310 630 California Educational Fac Auth Rev, 5.00%, 04/01/2030............................... 653 750 California Educational Fac Auth, University of the Pacific, 5.00%, 11/01/2036............................... 775 250 California Municipal FA, 4.75%, 04/01/2027............................... 249 175 California Statewide Community DA, 4.88%, 10/01/2035............................... 178
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- HIGHER EDUCATION -- (CONTINUED) $ 250 California Statewide Community DA, John F Kennedy University Rev, 6.75%, 10/01/2033............................... $ 273 1,000 California State University Rev, 5.00%, 11/01/2028............................... 1,059 1,895 Chabot-Las Positas, CA, Community College Dist, 5.05%, 08/01/2033 (M)........................... 532 310 Long Beach, CA, Harbor Rev Ref, 5.00%, 05/15/2015............................... 329 110 University Virgin Islands, 5.00%, 12/01/2021............................... 113 ------- 5,331 ------- HOUSING (HFA'S, ETC.) -- 3.2% 600 California Housing Fin Agency Rev, Home Mortgage AMT, 4.80%, 08/01/2037 (Q)........................... 600 500 Monterey County, CA, Certificate of Participation, 4.50%, 08/01/2037............................... 494 ------- 1,094 ------- LAND DEVELOPMENT -- 4.5% 100 Capistrano, CA, USD Community Fac Dist Special Tax 90-2 Talega, 5.88%, 09/01/2022............................... 112 200 Elk Grove, CA, Special Tax East Franklin Community, 5.85%, 08/01/2036............................... 205 250 Oakland, CA, Redev Agency Tax Allocation, Colliseum Area Redev, 5.25%, 09/01/2033............................... 271 500 Petaluma, CA, Community Development Tax Allocation, 4.50%, 05/01/2039............................... 495 425 Solano, CA, MBIA, 5.25%, 11/01/2021............................... 460 ------- 1,543 ------- MISCELLANEOUS -- 13.2% 500 California Infrastructure & Econ Development, Bay Area Toll Bridges, 5.00%, 07/01/2022............................... 555 300 Corona, CA, Redev Agency Tax Allocation, 4.50%, 11/01/2032............................... 296 1,000 Golden State Tobacco Securitization Agency, 5.00%, 06/01/2033............................... 996 1,000 Kern County, CA, Tobacco Securitization Agency, 6.00%, 06/01/2029 #............................. 1,067 250 Lathrop, CA, FA Rev Water Supply Proj, 6.00%, 06/01/2035............................... 265
The accompanying notes are an integral part of these financial statements. 234 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- MUNICIPAL BONDS -- (CONTINUED) MISCELLANEOUS -- (CONTINUED) $1,000 San Francisco, CA, Toll Bridge Rev, 5.00%, 04/01/2031............................... $ 1,058 300 Virgin Islands Public FA Rev, 4.25%, 10/01/2029............................... 295 ------- 4,532 ------- POLLUTION CONTROL -- 3.0% 250 Big Bear Municipal Water Dist, Ref Lake Improvements, 5.00%, 11/01/2024............................... 254 250 California Statewide Community DA, 5.00%, 11/01/2029............................... 250 250 Virgin Island Public FA, 4.70%, 07/01/2022............................... 251 250 Virgin Islands Public FA, Revhovenska Refinery, 6.13%, 07/01/2022............................... 277 ------- 1,032 ------- PUBLIC FACILITIES -- 2.2% 250 California Public Works Board, Dept of Corrections Ref, 5.00%, 12/01/2018............................... 268 300 California Public Works Board, Dept of Health Services Richmond Lab, 5.00%, 11/01/2030............................... 315 160 California Statewide Community DA, Var-Kaiser-C, 5.25%, 08/01/2031............................... 169 ------- 752 ------- SPECIAL TAX ASSESSMENT -- 9.8% 50 Beaumont, CA, FA Rev, 7.25%, 09/01/2020............................... 57 350 Burbank, CA, FA Rev South San Fernando Redev Proj, 5.50%, 12/01/2023............................... 367 650 Chico, CA, Redev Agency Tax Allocation, 5.00%, 04/01/2027............................... 687 400 Contra Costa County, CA, Pub FA Tax Allocation, 5.63%, 08/01/2033............................... 422 400 Fontana, CA, Redev Agency Tax Allocation Ref, Jurupa Hills Redev Proj, 5.50%, 10/01/2027............................... 410 400 Huntington Park, CA, Public FA Rev Ref, 5.25%, 09/01/2019............................... 441 150 Lake Elsinore, CA, Special Tax Community Fac District #2005-6, 5.00%, 09/01/2030............................... 151 300 Oceanside, CA, Community Development, 5.70%, 09/01/2025............................... 319 200 Riverside County, CA, Public FA, 4.50%, 10/01/2037............................... 198
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- SPECIAL TAX ASSESSMENT -- (CONTINUED) $ 150 San Diego, CA, Redev Agency Tax Allocation, North Bay Redev Proj, 5.60%, 09/01/2017............................... $ 156 175 San Diego, CA, Redev Agency Tax Allocation, North Park Redev Proj, 5.30%, 09/01/2016............................... 181 ------- 3,389 ------- TAX ALLOCATION -- 20.8% 100 Azusa, CA, Special Tax Community Fac Dist 1 Mountain Cove, 5.75%, 09/01/2021............................... 104 250 Beaumont, CA, FA, 5.05%, 09/01/2037............................... 250 225 Chino, CA, Community Fac Dist Special Tax, 5.00%, 09/01/2036............................... 226 250 Escondido, CA, Community Fac Dist Special Tax, 5.15%, 09/01/2036............................... 252 250 Hemet, CA, USD, 5.13%, 09/01/2036............................... 251 325 Imperial, CA, Special Tax Community Fac, 5.00%, 09/01/2026............................... 324 300 Indio, CA, Community Fac Dist Special Tax, 5.05%, 09/01/2026............................... 302 135 Indio, CA, Public FA Rev Local Agency, 5.00%, 09/02/2014............................... 137 57 Indio, CA, Public Improvement Act Special Assessment 2002-3 GO, 6.35%, 09/02/2027............................... 59 225 Irvine, CA, Community Fac Dist 2005-2, 5.20%, 09/01/2026............................... 231 100 Jurupa, CA, Community Services Dist 6 Special Tax, 5.88%, 09/01/2032............................... 102 250 Jurupa, CA, Community Services Dist 17 Special Tax, 5.20%, 09/01/2036............................... 255 250 Lake Elsinore, CA, Special Tax Community Fac Dist 3, 5.15%, 09/01/2025............................... 258 200 Lake Elsinore, CA, Special Tax Community Fac Dist 2005-1A, 5.35%, 09/01/2036............................... 203 100 Lake Elsinore, CA, Special Tax Community Fac Dist 2-A, 5.85%, 09/01/2024............................... 106 150 Lee Lake, CA, Water Dist Community Fac Dist 3 Special Tax Retreat, 5.75%, 09/01/2023............................... 158 295 Manhattan Beach, CA, Improvement Board Special Tax, 5.00%, 09/02/2026............................... 304 110 Moreno Valley, CA, USD Community Fac Special Tax 2002-1, 5.60%, 09/01/2017............................... 115
The accompanying notes are an integral part of these financial statements. 235 THE HARTFORD TAX-FREE CALIFORNIA FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- MUNICIPAL BONDS -- (CONTINUED) TAX ALLOCATION -- (CONTINUED) $ 100 Orange County, CA, Community Fac Dist Special Tax 02-1 Ladera Ranch, 5.20%, 08/15/2019............................... $ 103 200 Orange County, CA, Community Fac Dist Special Tax 02-1 Ladera Ranch, 5.40%, 08/15/2022............................... 205 165 Orange County, CA, Special Tax Assessment, 5.05%, 09/02/2033............................... 167 300 Perris, CA, Community Fac Dist Special Tax 2001-1, 5.00%, 09/01/2037............................... 299 100 Perris, CA, Public FA Local Agency Rev, 6.25%, 09/01/2033............................... 109 250 Poway, CA, USD Special Tax Dist 2001-1, 5.13%, 09/01/2026............................... 255 200 Roseville, CA, Special Tax Dist 1 Westpark, 5.25%, 09/01/2025............................... 205 250 Sacramento, CA, North Natomas Community Fac, 5.00%, 09/01/2025............................... 253 300 Sacramento, CA, North Natomas Community Fac, 5.00%, 09/01/2026............................... 306 200 Santa Margarita, CA, Water Dist Special Tax Community Fac Dist 99-1, 6.00%, 09/01/2030............................... 211 200 Sun Ranch, CA, Municipal Water Dist, 5.00%, 09/01/2036............................... 201 250 Tustin, CA, USD Community Fac Dist Special Tax 97 Jr Lien, 5.60%, 09/01/2029............................... 256 200 Val Verde, CA, USD FA Special Tax Rev Jr Lien, 6.00%, 10/01/2021............................... 209 300 Westside, CA, USD Special Tax 2005-2, 5.00%, 09/01/2036............................... 301 300 William S Hart USD Special Tax, 5.25%, 09/01/2026............................... 307 125 William S Hart USD Special Tax, 5.85%, 09/01/2022............................... 132 ------- 7,156 ------- UTILITIES -- COMBINED -- 0.8% 250 California State Water Dept, Res Power Supply Rev, 5.88%, 05/01/2016............................... 278 ------- UTILITIES -- GAS -- 0.9% 300 Chula Vista, CA, IDR Daily San Diego Gas, 5.30%, 07/01/2021............................... 321 -------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- UTILITIES -- WATER AND SEWER -- 4.7% $1,000 California Metropolitan Water Dist, Southern CA Waterworks Rev, 4.38%, 07/01/2037............................... $ 994 375 Stockton, CA, Wastewater Sys Proj MBIA, 5.20%, 09/01/2029............................... 389 240 Truckee-Donner, CA, Public Utilities Dist, 5.00%, 11/15/2031............................... 252 ------- 1,635 ------- Total municipal bonds (cost $30,560).................................. $31,430 ------- SHORT-TERM INVESTMENTS -- 8.0% FINANCE -- 8.0% 2,771 Dreyfus Basic California Municipal Money Market... 2,771 ------- Total short-term investments (cost $2,771)................................... $ 2,771 ------- Total investments in securities (cost $33,331) (C).............................. $34,201 =======
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $33,331 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation............................ $883 Unrealized depreciation............................ (13) ---- Net unrealized appreciation........................ $870 ====
# This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future. (M) The interest rate disclosed for these securities represents the effective yield on the date of acquisition. (Q) The cost of securities purchased on a when-issued or delayed delivery basis at April 30, 2007 was $600. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. AMT -- Alternative Minimum Tax DA -- Development Authority FA -- Finance Authority GO -- General Obligations IDR -- Industrial Development Revenue Bond MBIA -- Municipal Bond Insurance Association USD -- United School District
The accompanying notes are an integral part of these financial statements. 236 THE HARTFORD TAX-FREE MINNESOTA FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------------------- --------- MUNICIPAL BONDS -- 96.6% AIRPORT REVENUES -- 4.3% $ 500 Minneapolis & St Paul, MN, Airport Commission, 5.00%, 01/01/2035............................... $ 523 1,000 Minneapolis & St Paul, MN, Airport Commission FGIC AMT, 5.63%, 01/01/2018............................... 1,051 ------- 1,574 ------- GENERAL OBLIGATIONS -- 14.8% 1,000 Anoka-Hennepin, MN, ISD 11 GO Credit Enhancement Program, 5.00%, 02/01/2015............................... 1,043 1,300 Becker, MN, ISD 726 GO FSA, 6.00%, 02/01/2017............................... 1,376 500 Brainerd, MN, ISD 181 GO FGIC, 5.38%, 02/01/2016............................... 539 250 Minneapolis, MN, Parking Assessment GO, 5.00%, 12/01/2020............................... 264 785 Mounds View, MN, ISD 621 GO, 5.25%, 02/01/2014............................... 825 1,950 Rosemount, MN, ISD 196 GO MBIA, 5.70%, 04/01/2015 (M)........................... 1,408 ------- 5,455 ------- HEALTH CARE/SERVICES -- 26.7% 250 Bemidji, MN, Health Care Fac, 5.00%, 09/01/2021............................... 260 250 Bemidji, MN, Health Care Fac, 5.00%, 09/01/2024............................... 260 175 Canby, MN, Community Hospital Dist 1, 5.00%, 10/01/2018............................... 177 1,130 Duluth, MN, Econ DA Health Care Fac Rev Benedictine Health Sys St Mary's, 5.50%, 02/15/2023............................... 1,202 350 Inver Grove Heights, MN, Presbyterian Homes Care, 5.50%, 10/01/2033............................... 356 350 Marshall, MN, Avera Marshall Regional Medical Center, 4.75%, 11/01/2028....................... 354 250 Minneapolis, MN, Health Care Sys AllinaHealth, 6.00%, 11/15/2018............................... 274 1,000 Minnesota Agriculture and Econ Development Healthcare Fac, Benedictine Health, 5.25%, 02/15/2014............................... 1,048 330 Northfield, MN, Hospital Rev, 5.38%, 11/01/2031............................... 345 1,000 Rochester, MN, Health Care Fac Rev, 5.00%, 11/15/2036............................... 1,034 300 St Louis Park, MN, Roitenberg Family Assisted Proj, 5.55%, 08/15/2029......................... 309 1,000 St Paul, MN, Housing & Redev Auth Health Care, 5.25%, 05/15/2036............................... 1,035 335 St Paul, MN, Housing & Redev Auth Hospital Rev, 6.00%, 11/15/2025............................... 371 750 Stillwater, MN, Health Sys Obligation Group, 5.00%, 06/01/2035............................... 763
PRINCIPAL MARKET AMOUNT VALUE (W) - --------------------- --------- HEALTH CARE/SERVICES -- (CONTINUED) $ 725 Todd, Morrison, Cass, & Wadena County, MN, Hospital Lakewood Health Care Fac, 5.25%, 12/01/2026............................... $ 763 1,000 Waconia, MN, Health Care Fac Rev Ridgeview Medical Center Proj, 6.10%, 01/01/2019............................... 1,062 250 Willmar, MN, Rice Memorial Hospital Proj FSA, 5.00%, 02/01/2025............................... 262 ------- 9,875 ------- HIGHER EDUCATION (UNIV., DORMS, ETC.) -- 20.4% 1,000 Golden Valley, MN, Breck School Proj Rev, 5.88%, 10/01/2019............................... 1,051 500 Minnesota Higher Education FA, Augsburg College, 5.00%, 05/01/2020............................... 519 500 Minnesota Higher Education FA, Augsburg College, 5.00%, 05/01/2023............................... 517 350 Minnesota Higher Education FA, College of St Benedict, 5.25%, 03/01/2024..................... 366 300 Minnesota Higher Education FA, Minneapolis College of Art and Design, 5.00%, 05/01/2026............................... 310 1,000 Minnesota Higher Education FA, St Olaf, 4.50%, 10/01/2032............................... 984 250 Ramsey, MN, Lease Rev Pact Charter School Proj, 6.50%, 12/01/2022............................... 264 450 St Paul, MN, Housing & Redev Auth Hope Community Academy Proj, 6.25%, 12/01/2019............................... 475 300 St Paul, MN, Housing & Redev Auth Rev Ref Achieve Language Academy, 6.75%, 12/01/2022............................... 312 260 St Paul, MN, Housing & Redev Auth Hmong Academy Proj, 6.00%, 09/01/2036 (H)..................... 262 825 St. Paul, MN, Housing & Redev Auth Lease Rev, 5.00%, 12/01/2036............................... 838 1,000 University of Minnesota, 5.75%, 07/01/2018............................... 1,168 270 University Virgin Islands, 5.13%, 12/01/2022............................... 279 100 University Virgin Islands, 5.25%, 12/01/2023............................... 104 125 University Virgin Islands, 5.25%, 12/01/2024............................... 130 ------- 7,579 ------- HOUSING (HFA'S, ETC.) -- 7.9% 500 Golden Valley, MN, Calvary Center Apts Proj, 4.85%, 12/20/2041............................... 500 500 Hastings, MN, Housing Rev, 5.25%, 11/01/2031............................... 503 400 Minneapolis, MN, Housing Rev, 5.00%, 10/01/2037............................... 399 770 Minnesota Residential Housing FA, 5.00%, 01/01/2020............................... 784
The accompanying notes are an integral part of these financial statements. 237 THE HARTFORD TAX-FREE MINNESOTA FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------------------- --------- MUNICIPAL BONDS -- (CONTINUED) HOUSING -- (CONTINUED) $ 350 Prior Lake, MN, Shepherds Path Sr Housing, 5.75%, 08/01/2041............................... $ 357 400 Stillwater, MN, Multifamily Housing Rev, 5.38%, 02/01/2032............................... 400 ------- 2,943 ------- MISCELLANEOUS -- 1.4% 500 Woodbury, MN Economic Dev Auth, Summerhouse Proj, 5.75%, 06/01/2041............................... 513 ------- POLLUTION CONTROL -- 3.6% 500 Cohasset, MN, Pollution Control Rev Ref Coll Allete Inc Proj, 4.95%, 07/01/2022............................... 512 750 Virgin Islands Public FA, Revhovenska Refinery, 6.13%, 07/01/2022............................... 832 ------- 1,344 ------- PUBLIC FACILITIES -- 6.2% 350 Minnesota Intermediate School Dist Lease Rev, 5.30%, 11/01/2032............................... 357 1,000 Puerto Rico Commonwealth Public Fin Corp Appropriation, 5.75%, 08/01/2027............................... 1,069 360 Renville County, MN, Housing & Redev Auth, Health & Human Services, 4.60%, 02/01/2027............................... 363 500 St Paul, MN, PA Lease Rev, 5.00%, 12/01/2019............................... 523 ------- 2,312 ------- SPECIAL TAX ASSESSMENT -- 3.3% 350 Minneapolis, MN, Tax Increment Grant Park Proj, 5.35%, 02/01/2030............................... 354 835 Minnesota Agricultural Society, State Fair Rev, 5.13%, 09/15/2023............................... 869 ------- 1,223 ------- UTILITIES -- COMBINED -- 0.8% 300 Princeton, MN, Public Utility Sys Rev, 5.00%, 04/01/2024............................... 308 ------- UTILITIES -- ELECTRIC -- 4.2% 500 Chaska, MN, Electric Rev, 5.00%, 10/01/2030............................... 521 500 Minnesota Power Agency, Electric Rev, 5.25%, 10/01/2019............................... 538 500 Northern MN Municipal Power Agency, Electric Sys Rev FSA, 5.30%, 01/01/2021............................... 515 ------- 1,574 -------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------------------- --------- UTILITIES -- WATER AND SEWER -- 3.0% $1,000 Puerto Rico Commonwealth Aqueduct & Sewer Auth Rev, 6.25%, 07/01/2013............................... $ 1,121 ------- Total municipal bonds (cost $34,572).................................. $35,821 ------- SHORT-TERM INVESTMENTS -- 2.0% FINANCE -- 2.0% 739 State Street Bank Tax Free Money.................. $ 739 ------- Total short-term investments (cost $739)..................................... $ 739 ------- Total investments in securities (cost $35,311) (C).............................. $36,560 =======
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. (C)At April 30, 2007, the cost of securities for federal income tax purposes was $35,312 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation.......................... $1,282 Unrealized depreciation.......................... (34) ------ Net unrealized appreciation...................... $1,248 ======
(H)The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.
PERIOD ACQUIRED SHARES/PAR SECURITY COST BASIS -------- ---------- -------- ---------- 9/2006 260 St Paul, MN, Housing & Redev Auth Lease Hmong Academy Proj, 6.00%, 09/01/2036 $262
The aggregate value of these securities at April 30, 2007 was $262, which represents 0.71% of total net assets. (M) The interest rate disclosed for these securities represents the effective yield on the date of acquisition. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. AMT -- Alternative Minimum Tax DA -- Development Authority FA -- Finance Authority FGIC -- Financial Guaranty Insurance Company FSA -- Financial Security Assurance GO -- General Obligations ISD -- Independent School District MBIA -- Municipal Bond Insurance Association PA -- Port Authority
The accompanying notes are an integral part of these financial statements. 238 THE HARTFORD TAX-FREE NATIONAL FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- MUNICIPAL BONDS -- 94.9% ALABAMA -- 1.2% $1,855 Huntsville, AL, GO, 5.25%, 05/01/2022............................... $ 2,002 -------- ALASKA -- 1.2% 1,000 Alaska Housing Finance Corp Home Mortgage, 4.70%, 06/01/2027............................... 1,005 1,000 Anchorage, AK, Anchorage Convention Center, 5.00%, 09/01/2034............................... 1,053 -------- 2,058 -------- ARIZONA -- 3.4% 560 Arizona Sundance Community Fac Dist, 5.13%, 07/15/2030............................... 584 409 Arizona Sundance Community Fac Dist, Special Assess Rev 2, 7.13%, 07/01/2027 (H)........................... 439 1,800 Phoenix, AZ, GO, 6.25%, 07/01/2017............................... 2,155 1,100 Pima County, AZ, Charter Schools Proj, 5.75%, 07/01/2016 (H)........................... 1,159 1,000 Pima County, AZ, Noah Webster Basic School, 5.60%, 12/15/2019............................... 1,041 200 Vistancia, AZ, Community Fac Dist GO, 6.75%, 07/15/2022 (H)........................... 221 -------- 5,599 -------- CALIFORNIA -- 9.6% 1,800 California Educational Fac Auth, 5.00%, 01/01/2025 #............................. 1,852 820 California Educational Fac Auth, La Verne University, 5.00%, 06/01/2031............................... 844 1,000 California Educational Fac Auth, University of the Pacific, 5.00%, 11/01/2036............................... 1,033 500 California GO, 6.75%, 08/01/2011............................... 558 1,000 California State Public Works Board, 5.25%, 06/01/2030............................... 1,064 260 California Statewide Community DA, 5.00%, 11/01/2029............................... 260 465 California Statewide Community DA, Var-Kaiser-C, 5.25%, 08/01/2031............................... 493 250 Capistrano, CA, USD Community Fac Dist Special Tax 90-2 Talega, 5.90%, 09/01/2020............................... 281 625 Indio, CA, Public FA Rev Local Agency, 5.63%, 09/02/2018............................... 645 38 Indio, CA, Public Improvement Act Special Assess 2002-3 GO, 6.35%, 09/02/2027............................... 39 400 Jurupa, CA, Community Services Dist 6 Special Tax, 5.88%, 09/01/2032............................... 409
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- CALIFORNIA -- (CONTINUED) $ 750 Lathrop, CA, FA Rev Water Supply Proj, 6.00%, 06/01/2035............................... $ 796 500 Moreno Valley, CA, USD Community Fac Dist Special Tax 2002-1, 6.00%, 09/01/2022............................... 532 700 Oceanside, CA, Community Development, 5.70%, 09/01/2025............................... 744 835 Orange County, CA, Special Assessment, 5.05%, 09/02/2033............................... 845 535 Palm Springs, CA, Community Redev Agency, 5.50%, 09/01/2023............................... 568 495 Perris, CA, Public FA Local Agency Rev, 6.25%, 09/01/2033............................... 538 1,000 Pomona, CA, Public FA Rev Sub-Merged Redev, 5.50%, 02/01/2023............................... 1,093 320 Sacramento, CA, North Natomas Community Fac, 5.00%, 09/01/2025............................... 324 500 San Diego, CA, Redev Agency Centre City Sub Pkg, 5.25%, 09/01/2026............................... 512 1,800 San Jose, CA, Santa Clara County University, 4.91%, 08/01/2027 (M)........................... 734 1,000 San Manuel, CA, Entertainment Auth Public Improvement, 4.50%, 12/01/2016 (H)........................... 1,013 800 Val Verde, CA, USD FA Special Tax Rev Jr Lien, 6.00%, 10/01/2021............................... 836 -------- 16,013 -------- COLORADO -- 4.5% 600 Black Hawk, CO Excise Tax Rev, 5.00%, 12/01/2021............................... 611 1,000 Charter School Banning Lewis, 6.13%, 12/15/2035 (H)........................... 1,037 1,200 Colorado Health Facilities Authority, Adventist Health, 5.25%, 11/15/2035............................... 1,262 1,000 Fort Collins, CO, Pollution Control, 4.70%, 09/01/2040............................... 988 1,000 Pinery West, CO 4.50%, 12/01/2032 (Q)........................... 975 1,000 Reata, CO, North Metro District, 5.50%, 12/01/2032 (I)........................... 1,003 1,000 Sorrel Ranch, CO, Meter Dist Ltd Tax, 5.75%, 12/01/2036............................... 1,023 500 Tallyns Reach, CO, Board of Water Meter Dist #3, 5.20%, 12/01/2036............................... 503 -------- 7,402 -------- CONNECTICUT -- 0.6% 1,000 Mashantucket, CT, West Pequot, 5.50%, 09/01/2036 (I)........................... 1,051 --------
The accompanying notes are an integral part of these financial statements. 239 THE HARTFORD TAX-FREE NATIONAL FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- MUNICIPAL BONDS -- (CONTINUED) FLORIDA -- 9.4% $1,000 Amelia Walk Community Development, 5.50%, 05/01/2037............................... $ 1,016 965 Bellalgo, FL, Education Fac Benefits Dist Capital, 5.85%, 05/01/2022............................... 997 485 Colonial Country Club Community Development Dist, Capital Improvement Rev, 6.40%, 05/01/2033............................... 526 1,250 Florida Dept of Environmental Protection Preservation, MBIA, 5.38%, 07/01/2015#.............................. 1,354 210 Gateway Services Community Development Dist of FL, Special Assessment Sun City Center Fort Meyers Proj, 5.50%, 05/01/2010............................... 211 3,000 Highland County, FL, Adventist Hospital, 5.25%, 11/15/2036............................... 3,151 750 Hollywood, FL, Community Redev Agency, 5.13%, 03/01/2014............................... 762 2,000 Jacksonville, FL, Economic Development Rev, 4.75%, 03/01/2047............................... 1,941 1,500 Lee Community Charter Schools, 5.38%, 06/15/2037............................... 1,515 2,000 Lee Memorial Health System, Florida Hospital Rev, 5.00%, 04/01/2032............................... 2,050 1,000 Rivercrest Community, 4.25%, 05/01/2026............................... 951 100 Rolling Hills Community Development Dist, 5.45%, 05/01/2037............................... 102 1,000 Sweetwater Creek, FL, 5.30%, 05/01/2017............................... 998 -------- 15,574 -------- GEORGIA -- 3.1% 750 Augusta, GA, Airport Rev Passenger Fac Charge, 5.15%, 01/01/2035............................... 771 1,105 Fulton County, GA, School Dist GO, 5.38%, 01/01/2018............................... 1,245 35 Fulton County, GA, Water & Sewer Rev FGIC, 6.38%, 01/01/2014............................... 39 1,765 Fulton County, GA, Water & Sewer Rev FGIC Part (Prerefunded with State and Local Gov't Securities), 6.38%, 01/01/2014............................... 1,948 945 Georgia Municipal Electric Auth, Power Rev, 6.50%, 01/01/2017............................... 1,104 15 Georgia Municipal Electric Auth, Power Rev 2005 Ser Y, (Prerefunded with US Gov't Securities), 6.50%, 01/01/2017............................... 17
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- GEORGIA -- (CONTINUED) $ 40 Georgia Municipal Electric Auth, Power Rev (Prerefunded with US Gov't Securities), 6.50%, 01/01/2017............................... $ 47 -------- 5,171 -------- IDAHO -- 0.6% 1,000 Madison County, ID, Hospital Rev, 5.25%, 09/01/2030............................... 1,028 -------- ILLINOIS -- 5.3% 445 Bolingbrook, IL, Sales Tax Rev, 6.42%, 01/01/2024 (M)........................... 446 960 Chicago, IL, Board of Education GO MBIA, 5.25%, 12/01/2019............................... 1,024 1,500 Chicago, IL, Proj & Ref Ser A, 4.75%, 01/01/2036............................... 1,538 1,000 Chicago, IL, Tax Increment Allocation Jr Lien Pilsen Redev B, 6.75%, 06/01/2022............................... 1,084 500 Illinois Education FA, Augustana College Ser A, 5.70%, 10/01/2032............................... 527 500 Plano, IL, Lakewood Springs Proj Special Services Area, 6.10%, 03/01/2035............................... 529 1,000 Round Lake, IL, Special Tax Rev, 4.70%, 03/01/2033............................... 1,001 498 Round Lake, IL, Special Tax Rev, 6.70%, 03/01/2033............................... 570 1,000 Wauconda, IL, Special Service Area 1 Liberty Lakes Proj, 6.63%, 03/01/2033............................... 1,078 966 Yorkville, IL, United City Special Service Area Tax 2003-100 Raintree Village Proj, 6.88%, 03/01/2033 (H)........................... 1,036 -------- 8,833 -------- INDIANA -- 1.2% 2,000 Indiana Health, Clarian Health Obligation, 5.00%, 02/15/2039............................... 2,044 -------- IOWA -- 1.5% 500 Coralville, IA, Urban Renewal, 5.00%, 06/01/2047 (Q)........................... 501 1,000 Iowa FA, 4.80%, 01/01/2037............................... 1,006 1,000 Iowa Higher Education Loan Auth, Grand View College, 5.10%, 10/01/2036............................... 1,024 -------- 2,531 -------- KANSAS -- 2.0% 1,500 Kansas City, KS, Wyandotte County University Special Obligation Rev, 5.00%, 12/01/2020............................... 1,557 260 La Cygne, KS, Kansas City Power & Light, 4.65%, 09/01/2035............................... 265
The accompanying notes are an integral part of these financial statements. 240 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- MUNICIPAL BONDS -- (CONTINUED) KANSAS -- (CONTINUED) $ 500 Lawrence, KS, Lawrence Memorial Hospital, 5.13%, 07/01/2036............................... $ 521 1,000 Salina, KS, Salina Regional Health Hospital Rev, 4.63%, 10/01/2031............................... 1,005 -------- 3,348 -------- KENTUCKY -- 0.1% 150 Boone County, KY, Pollution Control Dayton Power & Light, 4.70%, 01/01/2028............................... 153 -------- LOUISIANA -- 0.3% 500 Louisiana Public FA Rev, Ochsner Clinic Foundation Proj, 5.50%, 05/15/2027............................... 529 -------- MARYLAND -- 0.7% 1,000 Maryland Economic Development Corp, Student Housing Rev University of Maryland College Park Proj, 6.50%, 06/01/2027............................... 1,151 -------- MASSACHUSETTS -- 0.7% 940 Massachusetts, GO Consolidated Loan, 5.25%, 03/01/2021............................... 1,004 60 Massachusetts, GO Consolidated Loan FSA (Prerefunded with US Gov't Securities), 5.25%, 03/01/2021............................... 64 -------- 1,068 -------- MICHIGAN -- 3.0% 500 Detroit, MI, GO MBIA, 5.50%, 04/01/2020............................... 532 1,750 Detroit, MI, Water Supply Sys Ref Rev FGIC, 6.50%, 07/01/2015............................... 2,037 1,000 Macomb County, MI, Hospital FA Rev Mt Clemens Gen Hospital, 5.75%, 11/15/2025............................... 1,044 500 Michigan Hospital FA, Rev Ref Henry Ford Health Sys, 5.63%, 03/01/2017............................... 547 750 Michigan Strategic Fund Ltd, Rev Ref Dow Chemical Proj AMT, 5.50%, 12/01/2028............................... 797 -------- 4,957 -------- MINNESOTA -- 3.8% 175 Inver Grove Heights, MN, Ref Presbyterian Homes Care, 5.50%, 10/01/2033............................... 178 750 Minneapolis, MN, Health Care System AllinaHealth, 6.00%, 11/15/2018............................... 821
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- MINNESOTA -- (CONTINUED) $1,150 Minnesota Intermediate School Dist Lease Rev, 5.30%, 11/01/2032............................... $ 1,173 765 Minnesota Residential Housing Fin Agency, 5.00%, 01/01/2020 #............................. 779 500 Ramsey, MN, Lease Rev Pact Charter School Proj, 6.50%, 12/01/2022............................... 528 500 St Paul, MN, Redev Auth Rev Ref Achieve Language Academy, 6.75%, 12/01/2022............................... 521 740 St. Paul, MN, Housing & Redev Auth Hmong Academy Proj, 6.00%, 09/01/2036 (H)........................... 747 665 St. Paul, MN, Housing & Redev Auth Hospital Rev, 6.00%, 11/15/2025............................... 737 860 St. Paul, MN, Housing & Redev Auth Lease Rev, 6.00%, 12/01/2018............................... 872 -------- 6,356 -------- MISSISSIPPI -- 0.2% 250 Lowndes County, MS, Solid Waste Disposal & Poll Control Rev Ref Weyerhaeuser Co Proj, 6.80%, 04/01/2022............................... 304 -------- MISSOURI -- 1.9% 500 Branson, MO, State Development Fin Board Infrastructure, 5.50%, 12/01/2032............................... 522 1,000 Lees Summit, MO, 5.75%, 03/01/2029............................... 1,031 550 St Louis, MO, Industrial DA, 5.35%, 06/15/2032............................... 555 1,000 Stone Canyon, MO, Community Improvement Proj, 5.75%, 04/01/2027............................... 996 -------- 3,104 -------- MONTANA -- 0.4% 700 Montana Fac FA Hospital, 4.38%, 06/01/2036............................... 663 -------- NEVADA -- 3.5% 995 Clark County, NV, Improvement Dist 142, 6.38%, 08/01/2023............................... 1,028 1,080 North Las Vegas, NV, Local Improvement, 5.10%, 12/01/2022 #............................. 1,113 2,000 Reno, NV, Catholic Healthcare West, 5.25%, 07/01/2031............................... 2,098 1,485 Reno, NV, Hospital Rev, 5.25%, 06/01/2032............................... 1,549 -------- 5,788 --------
The accompanying notes are an integral part of these financial statements. 241 THE HARTFORD TAX-FREE NATIONAL FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- MUNICIPAL BONDS -- (CONTINUED) NEW HAMPSHIRE -- 1.1% $1,000 New Hampshire Health & Education Fac, 5.25%, 06/01/2036............................... $ 1,036 750 New Hampshire Health & Education Fac, Elliot Hospital, 5.60%, 10/01/2022............................... 805 -------- 1,841 -------- NEW JERSEY -- 2.7% 275 New Jersey Education Fac, Fairleigh Dickinson University, 6.00%, 07/01/2025............................... 300 500 New Jersey Education Fac, Georgian Court College, 6.50%, 07/01/2033............................... 556 800 New Jersey Econ DA Rev Cigarette Tax, 5.63%, 06/15/2019............................... 835 750 New Jersey Education Fac, Stevens Institute of Technology, 5.13%, 07/01/2022............................... 779 1,950 New Jersey Tobacco Settlement Funding Corp, 6.13%, 06/01/2024............................... 2,086 -------- 4,556 -------- NEW MEXICO -- 1.0% 665 Cabezon, NM, Public Improvement Dist, 5.20%, 09/01/2015............................... 676 1,000 New Mexico Mortgage FA, 4.75%, 01/01/2031............................... 1,006 -------- 1,682 -------- NEW YORK -- 5.2% 950 Brookhaven, NY, IDR Methodist Retirement Community, 4.25%, 11/01/2037............................... 955 575 Cattaraugus County, NY, IDR St Bonaventure University, 5.10%, 05/01/2031............................... 591 250 Dutchess County, NY, IDA Civic Fac Rev Ref Marist College, 5.00%, 07/01/2022............................... 259 550 Erie County, NY, IDA Charter School Applied Tech Proj A, 6.75%, 06/01/2025............................... 561 1,000 Liberty, NY, Corp Development Goldman Sachs Headquarters, 5.25%, 10/01/2035............................... 1,142 800 New York Dorm Auth, Methodist Hospital, 5.25%, 07/01/2019............................... 848 30 New York, NY, GO, 5.75%, 03/01/2019............................... 33 45 New York, NY, GO (Prerefunded with US Gov't Securities), 5.75%, 03/01/2019............................... 50 1,000 New York, NY, IDA Terminal One Group Assoc Proj, 5.50%, 01/01/2024............................... 1,074
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- NEW YORK -- (CONTINUED) $1,000 Seneca Nation Indians, 5.00%, 12/01/2023 (I)........................... $ 1,012 1,000 Suffolk County, NY, Jeffersons Ferry Proj, 5.00%, 11/01/2028............................... 1,023 620 Utica, NY, IDA Civic Fac Rev Utica College, 6.88%, 12/01/2014............................... 657 400 Westchester County, NY, IDA Continuing Care Retirement Mortgage Kendal on Hudson Proj, 6.38%, 01/01/2024............................... 428 -------- 8,633 -------- NORTH CAROLINA -- 2.9% 500 North Carolina Eastern Municipal Power Agency, Power Sys Rev Ref, 5.38%, 01/01/2017............................... 532 2,000 North Carolina Medical Care Community, 4.50%, 10/01/2031 #............................. 1,974 1,800 North Carolina Medical Care Community, 4.50%, 01/01/2032 #............................. 1,787 500 North Carolina Municipal Power Agency, Catawba Elec Rev, 5.50%, 01/01/2014............................... 535 -------- 4,828 -------- NORTH DAKOTA -- 0.3% 510 Williams County, ND, Sales Tax Rev, 5.00%, 11/01/2031............................... 520 -------- OHIO -- 1.1% 300 Cuyahoga County, OH, Rev Ref Class A, 5.50%, 01/01/2029............................... 320 1,270 Hamilton, OH, School Dist Improvement, 6.15%, 12/01/2016............................... 1,494 -------- 1,814 -------- OKLAHOMA -- 0.7% 1,210 Tulsa County, OK, St. Francis Health Care System, 5.00%, 12/15/2029............................... 1,245 -------- OTHER U.S. TERRITORIES -- 0.6% 110 University Virgin Islands, 5.00%, 12/01/2021............................... 113 750 Virgin Islands Public FA, Revhovenska Refinery, 6.13%, 07/01/2022............................... 832 -------- 945 -------- PENNSYLVANIA -- 2.1% 545 Carbon County, PA, IDA Res Recovery Panther Creek Partners Proj AMT, 6.65%, 05/01/2010............................... 562 1,000 Lehigh County, PA, Saint Lukes Bethlehem Hospital, 5.38%, 08/15/2033 #............................. 1,087
The accompanying notes are an integral part of these financial statements. 242 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- MUNICIPAL BONDS -- (CONTINUED) PENNSYLVANIA -- (CONTINUED) $ 800 Montgomery County, PA, IDA Whitemarsh Continuing Care Proj, 6.13%, 02/01/2028............................... $ 849 1,000 Pennsylvania Higher Education FA, Widener University, 5.25%, 07/15/2024............................... 1,043 -------- 3,541 -------- RHODE ISLAND -- 4.6% 1,000 Central Falls, RI, Detention FA Fac Rev, 6.75%, 01/15/2013............................... 1,047 250 Rhode Island Health & Education Bldg Corp Fin, 6.50%, 08/15/2032............................... 283 1,000 Rhode Island Higher Education Fac Rev, Roger Williams University, 5.00%, 11/15/2036............................... 1,044 5,000 Rhode Island, Tobacco Settlement Funding Corp, 6.00%, 06/01/2023............................... 5,324 -------- 7,698 -------- SOUTH CAROLINA -- 3.6% 1,000 Dorchester County, SC, School Dist 2 Installment Purhase Rev Growth Remedy Opportunity Hike, 5.25%, 12/01/2024............................... 1,058 750 Lancaster County, SC, Sun City Carolina Lakes Improvement, 5.45%, 12/01/2037............................... 767 2,000 South Carolina Jobs Economic Development Auth Rev, 4.70%, 04/01/2035............................... 2,009 2,000 Spartanburg, SC, Waterworks Rev, 5.00%, 06/01/2036............................... 2,125 -------- 5,959 -------- TENNESSEE -- 1.6% 2,000 Johnson City, TN, Health & Educational Fac Board Hospital Rev, 5.50%, 07/01/2036............................... 2,136 500 McMinn County, TN, IDA PCR Calhoun Newsprint Co Proj, 7.63%, 03/01/2016............................... 503 -------- 2,639 -------- TEXAS -- 3.3% 1,500 Aldine, TX, ISD, 4.50%, 02/15/2026............................... 1,505 1,000 Brazos River Auth, Pollution Control Rev, 5.00%, 03/01/2041............................... 966 1,000 Matagorda County, TX, Navigation Dist 1 Rev Ref Centerpoint Energy Proj, 5.60%, 03/01/2027............................... 1,059
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- TEXAS -- (CONTINUED) $ 400 Midlothian, TX, 5.13%, 11/15/2026............................... $ 404 500 Sam Rayburn Municipal Power Agency, Rev Ref, 5.50%, 10/01/2010............................... 520 1,000 Willacy County, TX, GO, 6.00%, 03/01/2009............................... 1,013 -------- 5,467 -------- VERMONT -- 0.3% 500 Vermont Economic DA, GO, 5.38%, 05/01/2036............................... 512 -------- VIRGINIA -- 2.5% 500 Norfolk, VA, Redev & Housing Auth First Mortgage Retirement Community, 6.00%, 01/01/2025............................... 524 1,000 Peninsula, VA, PA Fac CSX Transport Proj Rev, 6.00%, 12/15/2012............................... 1,079 1,000 Virginia College Bldg Auth, Educational Fac Rev Regent University Proj, 5.00%, 06/01/2036............................... 1,026 1,455 Virginia Tobacco Settlement Funding Corp, 5.50%, 06/01/2026............................... 1,547 -------- 4,176 -------- WASHINGTON -- 2.8% 2,000 Central Puget Sound, WA, Regional Sales, 3.98%, 11/01/2012 (I)(L)........................ 2,000 670 King County, WA, ISD #210 GO, 5.00%, 06/01/2019............................... 702 2,000 Washington State Housing Fin Community, 4.70%, 12/01/2038............................... 1,989 -------- 4,691 -------- WISCONSIN -- 0.3% 415 Wisconsin Housing & Econ DA, GO Home Ownership Rev, 4.85%, 09/01/2017............................... 429 -------- Total municipal bonds (cost $152,408)................................. $157,903 -------- SHORT-TERM INVESTMENTS -- 4.4% FINANCE -- 4.4% 7,379 State Street Bank Tax Free Money Market........... $ 7,379 -------- Total short-term investments (cost $7,379)................................... $ 7,379 -------- Total investments in securities (cost $159,787) (C)............................. $165,282 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. The accompanying notes are an integral part of these financial statements. 243 THE HARTFORD TAX-FREE NATIONAL FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - -------------------------------------------------------------------------------- (C)At April 30, 2007, the cost of securities for federal income tax purposes was $159,787 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation.......................... $5,734 Unrealized depreciation.......................... (239) ------ Net unrealized appreciation...................... $5,495 ======
# This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future. (H)The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.
PERIOD COST ACQUIRED SHARES/PAR SECURITY BASIS -------- ---------- -------- ----- 4/2003 409 Arizona Sundance Community Fac Dist, Special Assess Rev #2, 7.13%, 07/01/2027 - 144A $ 409 6/2006 1,000 Charter School Banning Lewis, 6.13%, 12/15/2035 - 144A 1,000 4/2004 1,100 Pima County, AZ, Charter Schools Proj, 5.75%, 07/01/2016 1,100 11/2004 1,000 San Manuel, CA, Entertainment Auth Public Improvement, 4.50%, 12/01/2016 - 144A 1,000 9/2006 740 St Paul, MN, Housing & Redev Auth, Hmong Academy Proj, 6.00%, 09/01/2036 745 12/2002 200 Vistancia, AZ, Community Fac Dist GO, 6.75%, 07/15/2022 200 8/2003 966 Yorkville, IL, United City Special Service Area Tax #2003-100 Raintree Village Proj, 6.88%, 03/01/2033 966
The aggregate value of these securities at April 30, 2007 was $5,652, which represents 3.40% of total net assets. (I) Securities issued within terms of a private placement memoran- dum, exempt from registration under Section 144A of the Securi- ties Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at April 30, 2007, was $5,066, which represents 3.04% of total net assets. (L) Variable rate securities; the rate reported is the coupon rate in effect at April 30, 2007. (M) The interest rate disclosed for these securities represents the effec- tive yield on the date of acquisition. (Q) The cost of securities purchased on a when-issued or delayed delivery basis at April 30, 2007 was $1,476. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. AMT -- Alternative Minimum Tax DA -- Development Authority FA -- Finance Authority FGIC -- Financial Guaranty Insurance Company FSA -- Financial Security Assurance GO -- General Obligations IDA -- Industrial Development Authority Bond IDR -- Industrial Development Revenue Bond ISD -- Independent School District MBIA -- Municipal Bond Insurance Association PA -- Port Authority USD -- United School District
The accompanying notes are an integral part of these financial statements. 244 THE HARTFORD TAX-FREE NEW YORK FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- MUNICIPAL BONDS -- 96.4% AIRPORT REVENUES -- 2.3% $ 200 Monroe County, NY, Airport Auth Rev Ref Greater Rochester International, 5.25%, 01/01/2014............................... $ 212 150 New York, NY, IDA Terminal One Group Assoc Proj, 5.50%, 01/01/2024............................... 161 ------- 373 ------- GENERAL OBLIGATIONS -- 7.4% 410 New York, NY, GO Prerefunded (with US Gov't Securities), 5.75%, 03/01/2019............................... 454 450 New York, NY, GO, 5.00%, 03/01/2030............................... 471 15 New York, NY, GO, 5.75%, 03/01/2019............................... 16 250 Puerto Rico Commonwealth, GO, 5.00%, 07/01/2030............................... 261 ------- 1,202 ------- HEALTH CARE/SERVICES -- 14.4% 150 Brookhaven, NY, IDR Methodist Retirement Community, 4.25%, 11/01/2037............................... 151 125 Chemung County, NY, IDA Civic Fac Rev, Arnot Ogden Medical Center, 5.00%, 11/01/2034............................... 128 150 New York Dorm Auth, College & University Rev, 5.00%, 11/01/2034............................... 155 5 New York Dorm Auth, Mental Health Services Fac, 5.00%, 02/15/2018............................... 5 200 New York Dorm Auth, Methodist Hospital, 5.25%, 07/01/2019............................... 212 150 New York Dorm Auth, NYU Medical Center, 5.00%, 07/01/2026............................... 155 450 New York Dorm Auth, St Barnabas FHA AMBAC, 5.13%, 02/01/2022...................................... 474 200 New York Dorm Auth, Winthrop South Nassau University, 5.50%, 07/01/2023............................... 212 200 Saratoga, NY, IDA Saratoga Hospital Proj, 5.00%, 12/01/2014............................... 209 500 Suffolk County, NY, Jeffersons Ferry Proj, 5.00%, 11/01/2028............................... 511 100 Westchester County, NY, IDA Continuing Care Retirement Mtg, Kendal on Hudson Proj, 6.38%, 01/01/2024............................... 107 ------- 2,319 -------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- HIGHER EDUCATION (UNIV., DORMS, ETC.) -- 26.7% $ 200 Albany, NY, Brighter Choice Charter School, 5.00%, 04/01/2037............................... $ 203 45 Albany, NY, IDA New Covenant Charter School, 5.00%, 05/01/2007............................... 45 175 Cattaraugus County, NY, IDR St Bonaventure University, 5.10%, 05/01/2031............................... 180 250 Dutchess County, NY, IDA Civic Fac Rev Ref, Marist College, 5.00%, 07/01/2022............................... 259 250 Erie County, NY, IDA Charter School Applied Tech Proj A, 6.75%, 06/01/2025............................... 255 250 New York Dorm Auth, Brooklyn Law School, 5.50%, 07/01/2019............................... 269 425 New York Dorm Auth, Court Fac, 5.50%, 05/15/2020............................... 467 80 New York Dorm Auth, Fordham University FGIC, 5.00%, 07/01/2020............................... 84 400 New York Dorm Auth, Mount St Mary College, 5.00%, 07/01/2027............................... 418 135 New York Dorm Auth, Rochester University, 5.25%, 07/01/2022............................... 145 450 New York Dorm Auth, State University Dorm Fac, 5.00%, 07/01/2032............................... 478 250 New York Dorm Auth, Upstate Community College, 5.25%, 07/01/2021............................... 268 200 Otsego County, NY, IDA Civic Fac Rev, Hartwick College Proj, 6.00%, 07/01/2011............................... 209 335 Schenectady, NY, Union College Project, 5.00%, 07/01/2031............................... 353 450 St Lawrence, NY, IDA Civic Fac Rev, Clarkson University Proj, 5.00%, 07/01/2023............................... 465 110 University Virgin Islands, 5.00%, 12/01/2021............................... 113 100 Utica, NY, IDA Civic Fac Rev Utica College, 6.88%, 12/01/2014............................... 106 ------- 4,317 ------- INDUSTRIAL -- 4.3% 200 Liberty, NY, Corp Development Goldman Sachs Headquarters, 5.25%, 10/01/2035............................... 228 250 New York, NY, IDA Civic Fac Rev YMCA of Greater NY Proj, 5.25%, 08/01/2021............................... 258 200 Rensselaer County, NY, Industrial Improvements, 5.00%, 01/01/2036............................... 211 ------- 697 -------
The accompanying notes are an integral part of these financial statements. 245 THE HARTFORD TAX-FREE NEW YORK FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- MUNICIPAL BONDS -- (CONTINUED) LAND DEVELOPMENT -- 1.0% $ 160 Genesee County, NY, 5.00%, 12/01/2032............................... $ 157 ------- MISCELLANEOUS -- 16.3% 300 Essex County Environment Impact, 4.60%, 03/01/2027............................... 293 200 Grand Central, NY, Dist Management Assoc Inc, Ref Capital Business Improvement, 5.00%, 01/01/2022............................... 210 1,000 Nassau County, NY, Tobacco Settlement Corp, 5.00%, 06/01/2035............................... 1,020 160 Seneca Nation Indians, 5.00%, 12/01/2023 (I)........................... 162 400 Tobacco Settlement FA of NY, 5.50%, 06/01/2022............................... 431 500 TSACS Inc NY Tobacco Settlement, 5.13%, 06/01/2042............................... 514 ------- 2,630 ------- POLLUTION CONTROL -- 6.5% 450 New York Environmental Fac Corp, 5.00%, 07/15/2026............................... 470 150 New York, NY, Jetblue Airways Corp Proj, 5.00%, 05/15/2020............................... 149 150 Onondaga County, NY, IDA Pollution Control Rev, 4.88%, 07/01/2041............................... 153 250 Virgin Islands Public FA, Revhovenska Refinery, 6.13%, 07/01/2022............................... 277 ------- 1,049 ------- PUBLIC FACILITIES -- 7.2% 500 Niagara Falls, NY, School Dist Certificate of Participation, 5.00%, 06/15/2028............................... 528 600 Rensselaer, NY, School Dist Certificate of Participation, 5.00%, 06/01/2036............................... 634 ------- 1,162 ------- SPECIAL TAX ASSESSMENT -- 2.9% 450 New York, NY, Transitional FA Future Tax Secured, 5.00%, 08/01/2023............................... 471 ------- TRANSPORTATION -- 2.9% 450 New York Metro Transportation Auth, 5.13%, 11/15/2031............................... 471 -------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- UTILITIES -- ELECTRIC -- 1.6% $ 250 New York Energy Research & DA, Elec Fac Rev Adj Long Island Lighting Co Proj, 5.30%, 08/01/2025............................... $ 258 ------- UTILITIES -- WATER AND SEWER -- 2.9% 450 Jefferson County, NY, IDA Waste Disposal, 5.20%, 12/01/2020............................... 461 ------- Total municipal bonds (cost $15,047).................................. $15,567 ------- SHORT-TERM INVESTMENTS -- 1.8% FINANCE -- 1.8% 297 Dreyfus Basic New York Municipal Money Market Fund............................................ $ 297 ------- Total short-term investments (cost $297)..................................... $ 297 ------- Total investments in securities (cost $15,344) (C).............................. $15,864 =======
Note: Percentage of investments as shown is the ratio of the total market value to total net assets (C)At April 30, 2007, the cost of securities for federal income tax purposes was $15,344 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation............................ $535 Unrealized depreciation............................ (15) ---- Net unrealized appreciation........................ $520 ====
(I)Securities issued within terms of a private placement memoran- dum, exempt from registration under Section 144A of the Securi- ties Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at April 30, 2007, was $162, which represents 1.00% of total net assets. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. DA -- Development Authority FA -- Finance Authority FGIC -- Financial Guaranty Insurance Company GO -- General Obligations IDA -- Industrial Development Authority Bond IDR -- Industrial Development Revenue Bond
The accompanying notes are an integral part of these financial statements. 246 THE HARTFORD TOTAL RETURN BOND FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ----------- ---------- MUNICIPAL BONDS -- 0.1% GENERAL OBLIGATIONS -- 0.1% $ 1,250 Oregon School Boards Association, Taxable Pension, 4.76%, 06/30/2028............................... $ 1,157 ---------- Total municipal bonds (cost $1,250)................................... $ 1,157 ---------- ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES -- 12.0% FINANCE -- 11.6% 2,050 ACT Depositor Corp., 5.44%, 09/22/2041 #(I)(L)....................... $ 1,989 1,672 AmeriCredit Automobile Receivables Trust, 5.20%, 03/06/2011 #............................. 1,672 44,162 Banc of America Commercial Mortgage, Inc., 4.08%, 12/10/2042 (P)........................... 783 5,700 Banc of America Commercial Mortgage, Inc., 4.43%, 11/10/2039 #............................. 5,531 18,129 Banc of America Commercial Mortgage, Inc., 4.52%, 09/11/2036 (I)(P)........................ 606 2,840 Banc of America Commercial Mortgage, Inc., 5.32%, 09/10/2047 #............................. 2,851 2,700 Banc of America Commercial Mortgage, Inc., 5.52%, 07/10/2046 #(L).......................... 2,733 1,230 Banc of America Securities Auto Trust, 4.49%, 02/18/2013 #............................. 1,216 1,000 Bayview Financial Acquisition Trust, 6.97%, 05/28/2037 #(L).......................... 1,000 12,843 Bear Stearns Commercial Mortgage Securities, Inc., 4.07%, 07/11/2042 (P)........................... 396 10,201 Bear Stearns Commercial Mortgage Securities, Inc., 4.12%, 11/11/2041 (P)........................... 270 23,174 Bear Stearns Commercial Mortgage Securities, Inc., 5.50%, 02/11/2041 (I)(P)........................ 393 3,360 Bear Stearns Commercial Mortgage Securities, Inc., 5.58%, 09/11/2041 #............................. 3,397 625 Capital Auto Receivables Asset Trust, 5.77%, 05/20/2010 #(I).......................... 630 800 Capital Auto Receivables Asset Trust, 6.15%, 04/20/2011 (I)........................... 811 12,521 CBA Commercial Small Balance Commercial Mortgage, 7.00%, 07/25/2035 (I)(P)........................ 583 9,685 CBA Commercial Small Balance Commercial Mortgage, 7.00%, 06/25/2038 (I)(P)........................ 639
PRINCIPAL MARKET AMOUNT VALUE (W) - ----------- ---------- FINANCE -- (CONTINUED) $ 2,290 Citibank Credit Card Issuance Trust, 5.70%, 05/15/2013 #............................. $ 2,313 620 Citibank Credit Card Issuance Trust, 6.95%, 02/18/2014............................... 660 3,130 Citigroup Commercial Mortgage Trust, 5.25%, 04/15/2040 #............................. 3,136 2,050 Citigroup Commercial Mortgage Trust, 5.41%, 10/15/2049 #............................. 2,061 -- Citigroup Mortgage Loan Trust, Inc., 0.00%, 01/25/2037 (A)(I)........................ -- 318 Citigroup Mortgage Loan Trust, Inc., 12.00%, 01/25/2037 #(I)(M)...................... 950 299 Countrywide Asset-Backed Certificates, 5.46%, 07/25/2035 #............................. 297 1,663 Credit Suisse Mortgage Capital Certificates, 5.83%, 06/15/2038 (L)........................... 1,722 1,125 Credit-Based Asset Servicing and Securitization LLC, 5.86%, 04/25/2037 #............................. 1,125 260 CS First Boston Mortgage Securities Corp., 2.08%, 05/15/2038 #............................. 255 40,963 CS First Boston Mortgage Securities Corp., 4.39%, 07/15/2037 (I)(P)........................ 1,005 418 CS First Boston Mortgage Securities Corp., 4.51%, 07/15/2037 #............................. 410 2,600 DB Master Finance LLC, 5.78%, 06/20/2031 #(I).......................... 2,646 1,060 Ford Credit Auto Owner Trust, 5.30%, 06/15/2012 #............................. 1,065 70,663 GE Business Loan Trust, 6.14%, 05/15/2034 (I)(P)........................ 688 1,978 GE Business Loan Trust, 6.32%, 05/15/2034 #(I)(L)....................... 1,978 3,260 GE Capital Commercial Mortgage Corp., 5.61%, 04/10/2017 (M)(Q)........................ 3,276 11,645 GMAC Commercial Mortgage Securities, Inc., 4.10%, 12/10/2041 (P)........................... 238 2,535 GMAC Commercial Mortgage Securities, Inc., 5.24%, 11/10/2045 #(L).......................... 2,513 28,121 Goldman Sachs Mortgage Securities Corp. II, 4.38%, 08/10/2038 (I)(P)........................ 278 286 Green Tree Financial Corp., 7.24%, 06/15/2028 #............................. 300 289 Home Equity Asset Trust, 4.75%, 06/27/2035 (H)........................... 203 1,750 Home Equity Asset Trust, 6.27%, 07/25/2037 #(L).......................... 1,753 385 JP Morgan Auto Receivable Trust, 12.88%, 03/15/2012 (A)(P)....................... 383 21,446 JP Morgan Chase Commercial Mortgage Securities Corp., 3.68%, 01/15/2038 (I)(P)........................ 624
The accompanying notes are an integral part of these financial statements. 247 THE HARTFORD TOTAL RETURN BOND FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ----------- ---------- ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES -- (CONTINUED) FINANCE -- (CONTINUED) $ 48,569 JP Morgan Chase Commercial Mortgage Securities Corp., 4.07%, 01/15/2042 (P)........................... $ 713 96,845 JP Morgan Chase Commercial Mortgage Securities Corp., 4.82%, 08/12/2037 (P)........................... 378 1,900 JP Morgan Chase Commercial Mortgage Securities Corp., 4.87%, 03/15/2046 #............................. 1,870 93,776 JP Morgan Chase Commercial Mortgage Securities Corp., 5.42%, 05/12/2045 (P)........................... 2,320 800 JP Morgan Chase Commercial Mortgage Securities Corp., 5.44%, 12/12/2044 #............................. 806 4,300 JP Morgan Chase Commercial Mortgage Securities Corp., 5.54%, 12/12/2043 (L)........................... 4,278 46,174 LB-UBS Commercial Mortgage Trust, 1.12%, 03/15/2036 #(P)(I)....................... 1,364 3,950 LB-UBS Commercial Mortgage Trust, 5.22%, 02/15/2031 #(L).......................... 3,899 25,441 LB-UBS Commercial Mortgage Trust, 5.26%, 09/15/2039 (P)........................... 823 2,950 LB-UBS Commercial Mortgage Trust, 5.41%, 09/15/2039 (L)........................... 2,946 975 LB-UBS Commercial Mortgage Trust, 5.45%, 11/15/2038 (L)........................... 965 2,445 LB-UBS Commercial Mortgage Trust, 5.48%, 11/15/2038 #(L).......................... 2,423 1,109 Lehman Brothers Small Balance Commercial, 5.52%, 09/25/2030 (I)........................... 1,110 1,100 Lehman Brothers Small Balance Commercial, 5.62%, 09/25/2036 #(I).......................... 1,095 2,870 Marlin Leasing Receivables LLC, 5.33%, 09/16/2013 (I)........................... 2,876 2,400 MBNA Credit Card Master Note Trust, 4.50%, 01/15/2013 (G)........................... 2,371 417 Merrill Lynch Mortgage Trust, 4.56%, 06/12/2043............................... 410 42,107 Merrill Lynch Mortgage Trust, 4.57%, 06/12/2043 (P)........................... 1,054 22,935 Merrill Lynch/Countrywide Commercial Mortgage Trust, 5.27%, 07/12/2046 (P)........................... 826 2,950 Merrill Lynch/Countrywide Commercial Mortgage Trust, 5.46%, 07/12/2046 (L)........................... 2,949 2,040 Merrill Lynch/Countrywide Commercial Mortgage Trust, 5.91%, 06/12/2046 (L)........................... 2,125
PRINCIPAL MARKET AMOUNT VALUE (W) - ----------- ---------- FINANCE -- (CONTINUED) $ 245 Morgan Stanley Auto Loan Trust, 5.00%, 03/15/2012 #(I).......................... $ 245 5,130 Morgan Stanley Capital I, 5.04%, 08/13/2042 #............................. 5,015 139 Morgan Stanley Capital I, 7.44%, 04/30/2039 (I)(L)........................ 139 12,535 Morgan Stanley Dean Witter Capital I, 0.46%, 08/25/2032 (A)(H)(P)..................... -- 4,620 Morgan Stanley Dean Witter Capital I, 8.05%, 08/25/2032 (H)(P)........................ 8 1,008 Nationstar Home Equity Loan Trust, 9.97%, 03/25/2037 #(I)(L)....................... 1,008 875 Option One Mortgage Loan Trust -- Class M6, 6.99%. 03/25/2037............................... 871 600 Option One Mortgage Loan Trust -- Class M7, 6.99%, 03/25/2037............................... 527 600 Option One Mortgage Loan Trust -- Class M8, 6.99%, 03/25/2037............................... 473 650 Popular ABS Mortgage Pass-Through Trust, 4.75%, 12/25/2034............................... 628 540 Popular ABS Mortgage Pass-Through Trust, 5.42%, 04/25/2035............................... 534 1,125 Providian Gateway Master Trust, 3.35%, 09/15/2011 (I)........................... 1,117 1,750 PSE&G Transition Funding LLC, 6.45%, 03/15/2013 #............................. 1,831 800 Renaissance Home Equity Loan Trust, 5.36%, 05/25/2035............................... 788 1,260 Renaissance Home Equity Loan Trust, 5.75%, 05/25/2036 (L)........................... 1,253 650 Renaissance Home Equity Loan Trust, 7.50%, 04/25/2037............................... 583 699 Soundview NIM Trust, 6.41%, 12/25/2036 (I)........................... 696 2,150 Wachovia Auto Loan Owner Trust, 5.29%, 06/20/2012 (I)........................... 2,163 9,316 Wachovia Bank Commercial Mortgage Trust, 3.65%, 02/15/2041 (I)(P)........................ 249 41,997 Wachovia Bank Commercial Mortgage Trust, 4.48%, 05/15/2044 (I)(P)........................ 1,006 417 Wachovia Bank Commercial Mortgage Trust, 4.52%, 05/15/2044............................... 409 1,375 Wachovia Bank Commercial Mortgage Trust, 4.72%, 01/15/2041............................... 1,354
The accompanying notes are an integral part of these financial statements. 248 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ----------- ---------- ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES -- (CONTINUED) FINANCE -- (CONTINUED) $ 2,650 Wachovia Bank Commercial Mortgage Trust -- Class A2, 5.42%, 01/15/2045 #............................. $ 2,666 2,500 Wachovia Bank Commercial Mortgage Trust -- Class A4, 5.42%, 01/15/2045 (L)........................... 2,506 ---------- 119,049 ---------- HEALTH CARE -- 0.2% 1,795 CVS Lease Pass Through Trust, 6.04%, 12/10/2028 #(I).......................... 1,800 ---------- TRANSPORTATION -- 0.2% 996 Continental Airlines, Inc., 6.70%, 06/15/2021 #............................. 1,038 811 Continental Airlines, Inc., 8.05%, 11/01/2020 #............................. 909 ---------- 1,947 ---------- Total asset & commercial mortgage backed securities (cost $123,129)................................. $ 122,796 ---------- CORPORATE BONDS: INVESTMENT GRADE -- 19.6% BASIC MATERIALS -- 0.4% 1,960 Alcoa, Inc., 5.95%, 02/01/2037 (G)........................... $ 1,946 1,445 Westvaco Corp., 7.95%, 02/15/2031 #............................. 1,571 ---------- 3,517 ---------- CONSUMER CYCLICAL -- 0.1% 710 Foster's Finance Corp., 4.88%, 10/01/2014 #(I).......................... 675 419 J. C. Penney Co., Inc., 6.38%, 10/15/2036............................... 418 ---------- 1,093 ---------- CONSUMER STAPLES -- 0.5% 2,917 Diageo Finance B.V., 5.50%, 04/01/2013 #............................. 2,934 1,865 SABMiller plc, 6.20%, 07/01/2011 #(I).......................... 1,926 ---------- 4,860 ---------- ENERGY -- 1.9% 2,455 Anadarko Petroleum Corp., 6.45%, 09/15/2036 #............................. 2,461 391 Canadian National Resources Ltd., 6.25%, 03/15/2038 #............................. 388 2,330 Canadian National Resources Ltd., 6.50%, 02/15/2037 (G)........................... 2,397 400 Consumers Energy Co., 5.15%, 02/15/2017 #............................. 386 1,095 Consumers Energy Co., 5.38%, 04/15/2013 (G)........................... 1,095
PRINCIPAL MARKET AMOUNT VALUE (W) - ----------- ---------- ENERGY -- (CONTINUED) $ 1,215 Enterprise Products Operating L.P., 4.63%, 10/15/2009 #............................. $ 1,200 1,275 Gazprom Capital S.A., 6.21%, 11/22/2016 #(I).......................... 1,292 2,940 Petro-Canada, 5.95%, 05/15/2035 #............................. 2,830 394 Ras Laffan Liquefied Natural Gas Co., Ltd., 3.44%, 09/15/2009 #(I).......................... 387 4,440 Ras Laffan Liquefied Natural Gas Co., Ltd., 5.30%, 09/30/2020 #(I).......................... 4,282 710 Sempra Energy, 6.00%, 02/01/2013 #............................. 734 1,490 TNK-BP Finance S.A., 7.50%, 07/18/2016 #(I).......................... 1,578 ---------- 19,030 ---------- FINANCE -- 11.5% 2,232 ABX Financing Co., 6.35%, 10/15/2036 #(I).......................... 2,250 1,385 Aegon Funding Corp., 5.75%, 12/15/2020 #............................. 1,412 3,378 Aetna, Inc., 5.75%, 06/15/2011 (G)........................... 3,451 421 AMBAC Financial Group, Inc., 6.15%, 02/15/2037 #............................. 404 6,578 American Express Credit Corp., 6.80%, 09/01/2066 #............................. 7,027 2,450 American International Group, Inc., 6.25%, 03/15/2037 #............................. 2,439 3,110 Amvescap plc, 4.50%, 12/15/2009 #............................. 3,056 1,206 Amvescap plc, 5.38%, 02/27/2013 #............................. 1,193 915 Army Hawaii Family Housing Trust Certificates, 5.52%, 06/15/2050 #(I).......................... 893 3,973 Axa S.A., 6.46%, 12/14/2049 #(I)(L)....................... 3,926 2,980 BAE Systems Holdings, Inc., 5.20%, 08/15/2015 #(I).......................... 2,923 80 Capital One Bank, 4.88%, 05/15/2008 #............................. 80 2,218 Capital One Capital IV, 6.75%, 02/17/2037 #............................. 2,164 2,520 CIT Group, Inc., 6.10%, 03/15/2067 (G)(L)........................ 2,428 3,333 Comerica Capital Trust II, 6.58%, 02/20/2037 #(L).......................... 3,293 2,150 Credit Suisse First Boston USA, Inc., 6.50%, 01/15/2012 #............................. 2,275 4,095 Duke Reality L.P., 5.95%, 02/15/2017 #............................. 4,200 2,865 ERAC USA Finance Co., 5.60%, 05/01/2015 #(I).......................... 2,825
The accompanying notes are an integral part of these financial statements. 249 THE HARTFORD TOTAL RETURN BOND FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ----------- ---------- CORPORATE BONDS: INVESTMENT GRADE -- (CONTINUED) FINANCE -- (CONTINUED) $ 1,740 ERP Operating L.P., 6.58%, 04/13/2015 #............................. $ 1,867 4,920 Fifth Third Capital Trust IV, 6.50%, 04/15/2037 (G)(L)........................ 4,956 3,446 Genworth Financial, Inc., 6.15%, 11/15/2066 #............................. 3,409 4,885 Goldman Sachs Group, Inc., 5.95%, 01/15/2027 #............................. 4,828 1,980 HSBC Holding plc, 6.50%, 05/02/2036 #............................. 2,121 4,500 JP Morgan Chase Capital XX, 6.55%, 09/29/2036 #............................. 4,598 820 Kazkommerts International B.V., 8.00%, 11/03/2015 #(I).......................... 828 5,330 Lincoln National Corp., 6.05%, 04/20/2067 (G)........................... 5,271 3,380 Merrill Lynch & Co., Inc., 5.70%, 05/02/2017............................... 3,385 1,345 Merrill Lynch & Co., Inc., 6.22%, 09/15/2026 #............................. 1,370 220 Metlife, Inc., 5.38%, 12/15/2012 (G)........................... 222 4,484 Metlife Inc., 6.40%, 12/15/2036 #............................. 4,475 2,050 Morgan Stanley Group, Inc., 5.55%, 04/27/2017 (G)........................... 2,044 2,032 MUFG Capital Finance I Ltd., 6.35%, 07/25/2049 #(L).......................... 2,075 75 National Rural Utilities Cooperative Finance Corp., 5.75%, 08/28/2009 #............................. 76 850 North Street Referenced Linked Notes, 6.41%, 07/30/2010 #(I)(L)....................... 740 2,300 PNC Preferred Funding Trust II, 6.11%, 03/15/2049 #(I)(L)....................... 2,298 2,384 Regions Financing Trust II, 6.63%, 05/15/2047............................... 2,382 1,820 Simon Property Group, Inc., 7.88%, 03/15/2016 #(I).......................... 2,113 1,085 Simon Property Group L.P., 6.35%, 08/28/2012 (G)........................... 1,142 3,598 SMFG Preferred Capital, 6.08%, 12/01/2049 #(I)(L)....................... 3,608 1,500 St. Paul Travelers Cos., Inc., 8.13%, 04/15/2010 #............................. 1,621 3,410 State Street Capital Trust IV, 6.36%, 06/15/2037 (L)........................... 3,423 4,352 Suntrust Capital VIII, 6.10%, 12/01/2066 #............................. 4,137 810 Suntrust Preferred Capital, 5.85%, 12/29/2049 (G)(L)........................ 823 496 Travelers Property Casualty Corp., 5.00%, 03/15/2013 #............................. 488 1,270 TuranAlem Finance B.V., 8.50%, 02/10/2015 #(K).......................... 1,284
PRINCIPAL MARKET AMOUNT VALUE (W) - ----------- ---------- FINANCE -- (CONTINUED) $ 3,000 US Bank Realty Corp., 6.09%, 12/22/2049 #(I)(L)....................... $ 3,030 1,000 WellPoint, Inc., 6.80%, 08/01/2012 #............................. 1,066 1,983 Westfield Group, 5.70%, 10/01/2016 #(I).......................... 2,006 ---------- 117,925 ---------- HEALTH CARE -- 0.3% 856 Baxter International, Inc., 5.90%, 09/01/2016 #............................. 884 2,325 Wyeth, 5.95%, 04/01/2037 #............................. 2,325 ---------- 3,209 ---------- SERVICES -- 1.4% 2,800 COX Communications, Inc., 5.45%, 12/15/2014 #............................. 2,771 1,681 COX Communications, Inc., 5.88%, 12/01/2016 #(I).......................... 1,695 435 Electronic Data Systems Corp., 3.88%, 07/15/2023 (G)+.......................... 452 775 FedEx Corp., 3.50%, 04/01/2009 #............................. 752 1,975 Marriott International, Inc., 6.20%, 06/15/2016 #............................. 2,029 813 Mashantucket Western Pequot Revenue Bond, 5.91%, 09/01/2021 #(I).......................... 783 3,725 Time Warner Entertainment Co. L.P., 8.38%, 07/15/2033 #............................. 4,547 1,100 Time Warner, Inc., 6.50%, 11/15/2036 #............................. 1,101 650 Viacom, Inc., 6.25%, 04/30/2016 #............................. 659 ---------- 14,789 ---------- TECHNOLOGY -- 1.8% 1,902 AT&T Corp., 8.00%, 11/15/2031 #............................. 2,383 3,380 Cingular Wireless Services, Inc., 8.75%, 03/01/2031 #............................. 4,423 3,285 Sprint Capital Corp., 8.75%, 03/15/2032 #............................. 3,877 685 TCI Communications, Inc., 8.75%, 08/01/2015 #............................. 822 1,954 Telecom Italia Capital, 7.20%, 07/18/2036 #............................. 2,090 2,075 Tele-Communications, Inc., 7.88%, 08/01/2013 #............................. 2,328 2,410 Vodafone Group plc, 6.15%, 02/27/2037 #............................. 2,376 ---------- 18,299 ----------
The accompanying notes are an integral part of these financial statements. 250 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ----------- ---------- CORPORATE BONDS: INVESTMENT GRADE -- (CONTINUED) TRANSPORTATION -- 0.4% $ 1,035 American Airlines, Inc., 7.86%, 10/01/2011 #............................. $ 1,121 2,705 CSX Corp., 6.75%, 03/15/2011 (G)........................... 2,839 ---------- 3,960 ---------- UTILITIES -- 1.3% 2,014 Carolina Power & Light Co., 5.25%, 12/15/2015 #............................. 2,003 2,375 Centerpoint Energy, Inc., 6.85%, 06/01/2015 #............................. 2,521 565 Detroit Edison Co., 6.13%, 10/01/2010 #............................. 582 1,065 Kinder Morgan Energy Partners L.P., 6.50%, 02/01/2037 #............................. 1,076 2,690 Kinder Morgan Finance Co., 5.70%, 01/05/2016 #............................. 2,576 1,170 Northern States Power Co., 6.25%, 06/01/2036 #............................. 1,246 1,960 Peco Energy Corp., 5.95%, 10/01/2036 #............................. 1,986 630 Puget Sound Energy, Inc., 7.96%, 02/22/2010 #............................. 674 850 Texas-New Mexico Power Co., 6.13%, 06/01/2008 #............................. 853 250 Westar Energy, Inc., 5.15%, 01/01/2017 #............................. 237 ---------- 13,754 ---------- Total corporate bonds: investment grade (cost $199,866)................................. $ 200,436 ---------- CORPORATE BONDS: NON-INVESTMENT GRADE -- 5.2% BASIC MATERIALS -- 0.9% 1,250 Citigroup (JSC Severstal), 9.25%, 04/19/2014 (K)........................... $ 1,380 820 Evraz Group S.A., 8.25%, 11/10/2015 (G)(I)........................ 851 830 Goodyear Tire & Rubber Co., 9.14%, 12/01/2009 IL #(I)(L).................... 838 1,700 Goodyear Tire & Rubber Co., 11.25%, 03/01/2011 #............................ 1,857 1,900 Potlatch Corp., 13.00%, 12/01/2009 #(L)......................... 2,170 1,645 Stone Container, 8.00%, 03/15/2017 #(I).......................... 1,637 ---------- 8,733 ---------- CAPITAL GOODS -- 0.4% 1,830 Bombardier, Inc., 6.30%, 05/01/2014 #(I).......................... 1,766 1,219 L-3 Communications Corp., 3.00%, 08/01/2035 (G)+.......................... 1,318 ---------- 3,084 ----------
PRINCIPAL MARKET AMOUNT(B) VALUE (W) - ----------- ---------- CONSUMER CYCLICAL -- 0.5% $ 1,140 Aramark Corp., 8.86%, 02/01/2015 #(I)(L)....................... $ 1,171 1,590 Group 1 Automotive, Inc., 2.25%, 06/15/2036 #(L)+......................... 1,409 1,095 K. Hovnanian Enterprises, Inc., 6.00%, 01/15/2010 #............................. 1,043 1,510 Supervalu, Inc., 7.50%, 11/15/2014 #............................. 1,578 ---------- 5,201 ---------- CONSUMER STAPLES -- 0.2% 800 JBS S.A., 10.50%, 08/04/2016 (K).......................... 916 1,555 OJSC Myronivsky Hliboproduct, 10.25%, 11/30/2011 #(I)......................... 1,635 ---------- 2,551 ---------- ENERGY -- 0.1% 816 Chesapeake Energy Corp., 2.75%, 11/15/2035 +............................. 888 ---------- FINANCE -- 0.6% 535 American Real Estate Partners L.P., 7.13%, 02/15/2013 #............................. 527 1,000 ATF Bank, 9.00%, 05/11/2016 #(I).......................... 971 580 Drummond Co., Inc., 7.38%, 02/15/2016 #(I).......................... 557 2,145 Ford Motor Credit Co., 9.81%, 04/15/2012 #(L).......................... 2,293 2,240 General Motors Acceptance Corp., 6.88%, 09/15/2011 #............................. 2,248 ---------- 6,596 ---------- FOREIGN GOVERNMENTS -- 0.1% 955 Argentina (Republic of), 7.00%, 10/03/2015............................... 895 BRL 938 Brazil (Republic of), 12.50%, 01/05/2022.............................. 581 ---------- 1,476 ---------- HEALTH CARE -- 0.2% 2,200 HCA, Inc., 7.88%, 02/01/2011 #............................. 2,263 ---------- SERVICES -- 0.3% 1,430 ISA Capital De Brasil S.A., 8.80%, 01/30/2017 (G)(I)........................ 1,541 1,450 Liberty Media Corp., 3.50%, 01/15/2031 #............................. 1,200 ---------- 2,741 ---------- TECHNOLOGY -- 1.8% 2,200 Advanced Micro Devices, Inc., 6.00%, 05/01/2015 #(I)+......................... 2,156 1,445 CSC Holdings, Inc., 8.13%, 07/15/2009............................... 1,503
The accompanying notes are an integral part of these financial statements. 251 THE HARTFORD TOTAL RETURN BOND FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ----------- ---------- CORPORATE BONDS: NON-INVESTMENT GRADE -- (CONTINUED) TECHNOLOGY -- (CONTINUED) $ 455 CSC Holdings, Inc., 8.13%, 08/15/2009 #............................. $ 473 1,085 Dobson Cellular Systems, 8.38%, 11/01/2011 #............................. 1,157 1,800 Freescale Semiconductor, Inc., 10.13%, 12/15/2016 (G)(I)....................... 1,818 2,000 Intelsat Bermuda Ltd., 9.25%, 06/15/2016 #............................. 2,200 1,590 Level 3 Financing, Inc., 12.25%, 03/15/2013 #............................ 1,858 1,340 Nortel Networks Ltd., 10.75%, 07/15/2016 #(I)......................... 1,508 1,105 NXP B.V./NXP Funding LLC, 8.11%, 10/15/2013 #(I)(L)....................... 1,141 1,750 Qwest Communications International, Inc., 7.50%, 02/15/2014 (G)........................... 1,807 810 Vimpel Communications, 8.25%, 05/23/2016 #(I).......................... 869 1,940 Windstream Corp., 8.63%, 08/01/2016 #............................. 2,128 ---------- 18,618 ---------- UTILITIES -- 0.1% 855 Energipe Y Saelpa, 10.50%, 07/19/2013 #(I)......................... 970 ---------- Total corporate bonds: non-investment grade (cost $51,586).................................. $ 53,121 ---------- CONTRACTS - ----------- CALL OPTIONS PURCHASED -- 0.0% ISSUER/EXPIRATION DATE/EXERCISE PRICE -- US 10 Year Treasury Note, 05/28/2007, $110.00..... $ 4 ---------- Total call options purchased (cost $7)....................................... $ 4 ---------- PRINCIPAL AMOUNT - ----------- SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) -- 8.5% BASIC MATERIALS -- 0.6% $ 42 Coffeyville Resources, 8.25%, 12/21/2010 #(AA)......................... $ 43 219 Coffeyville Resources, 8.35%, 12/21/2013 #(N).......................... 221 1,294 Compass Minerals Group, Inc., 6.85%, 12/22/2012 #(N).......................... 1,295 2,680 Georgia-Pacific Corp., 7.09%, 02/14/2013 #(N).......................... 2,692
PRINCIPAL MARKET AMOUNT VALUE (W) - ----------- ---------- BASIC MATERIALS -- (CONTINUED) $ 1,444 Huntsman International LLC, 7.07%, 04/23/2014 #(N).......................... $ 1,448 421 Tupperware Corp., 6.84%, 11/07/2012 #(N).......................... 420 ---------- 6,119 ---------- CONSUMER CYCLICAL -- 1.2% 6,444 Ford Motor Co., 8.36%, 12/12/2013 (N)........................... 6,480 353 Invista B.V., Term Loan B1, 6.85%, 04/30/2010 #(N).......................... 353 353 Invista B.V., Term Loan B2, 6.85%, 04/30/2010 #(N).......................... 353 687 Masonite International Corp., Canadian Term Loan, 7.35%, 04/30/2010 #(N).......................... 674 685 Masonite International Corp., U.S. Term Loan, 7.35%, 04/30/2010 #(N).......................... 669 435 Oshkosh Truck Corp., 7.10%, 12/06/2013 #(N).......................... 435 1,208 Supervalu, Inc., 6.72%, 06/01/2011 #(N).......................... 1,208 1,044 Supervalu, Inc., 6.84%, 05/30/2013 #(N).......................... 1,048 1,688 William Carter Co., 6.85%, 07/14/2012 #(N).......................... 1,686 ---------- 12,906 ---------- CONSUMER STAPLES -- 0.1% 52 Dole Food Co., 7.23%, 04/12/2013 #(AA)......................... 52 384 Dole Food Co., 7.46%, 04/12/2013 #(N).......................... 384 115 Dole Food Co., 7.54%, 04/12/2013 #(N).......................... 115 ---------- 551 ---------- FINANCE -- 1.0% 2,545 Ameritrade Holding Corp., 6.82%, 12/31/2011 #(N).......................... 2,549 785 CB Richard Ellis Services, Inc., 6.82%, 12/14/2013 #(N).......................... 787 2,275 Crescent Resources LLC, 8.32%, 09/07/2012 #(N).......................... 2,274 2,473 General Growth Properties, 6.57%, 02/24/2010 #(N).......................... 2,467 1,647 Nasdaq Stock Market, Inc., Term Loan B, 7.07%, 05/22/2012 #(N).......................... 1,650 804 Nasdaq Stock Market, Inc., Term Loan C, 7.07%, 05/22/2012 #(N).......................... 806 ---------- 10,533 ----------
The accompanying notes are an integral part of these financial statements. 252 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ----------- ---------- SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) -- (continued) HEALTH CARE -- 1.4% $ 1,286 Carestream Health, Inc., 7.36%, 04/12/2013 (Q)(AA)....................... $ 1,288 2,500 Community Health Systems, Inc., 7.10%, 10/24/2014 (Q)(AA)....................... 2,488 1,594 Community Health Systems, Inc., 9.36%, 08/19/2011 (N)........................... 1,597 568 DJ Orthopedics LLC, 6.88%, 04/07/2013 #(N).......................... 568 3,073 Fresenius Medical Care AG, 6.73%, 03/23/2012 #(N).......................... 3,067 2,609 HCA, Inc., 7.60%, 11/17/2013 (N)........................... 2,637 2,125 Lifepoint Hospitals, Inc., 6.99%, 04/15/2012 #(N).......................... 2,122 609 Ventiv Health, Inc., 6.85%, 10/05/2011 #(N).......................... 608 ---------- 14,375 ---------- SERVICES -- 2.5% 970 Allied Waste Industries, Inc., 7.07%, 01/15/2012 #(AA)......................... 976 2,188 Allied Waste Industries, Inc., 7.10%, 01/15/2012 #(N).......................... 2,199 1,786 Cedar Fair L.P., 7.32%, 07/21/2013 #(N).......................... 1,802 2,000 Clarke American Corp., 10.36%, 02/28/2017 (Q)(AA)...................... 1,987 2,137 Gray Television, Inc., 6.85%, 12/31/2014 (N)(Q)........................ 2,134 4,000 Harrah's Entertainment, Inc., 6.86%, 03/05/2008 (Q)(AA)....................... 3,990 4,759 MGM Mirage, Inc., 6.41%, 10/03/2011 #(N).......................... 4,686 2,707 Regal Cinemas, Inc., 7.10%, 11/10/2010 #(N).......................... 2,712 931 UPC Financing Partnership, 7.37%, 03/31/2013 #(N).......................... 932 931 UPC Financing Partnership, 7.37%, 12/31/2013 #(N).......................... 933 1,662 Weight Watchers International, Inc., 6.63%, 01/24/2013 #(N).......................... 1,657 1,373 West Corp., 7.75%, 10/23/2013 #(N).......................... 1,382 ---------- 25,390 ---------- TECHNOLOGY -- 1.5% 1,003 Cincinnati Bell, Inc., 6.82%, 08/31/2012 #(N).......................... 1,005 2,595 Idearc, Inc, 6.85%, 11/17/2013 #(N).......................... 2,598 2,123 Idearc, Inc., 7.35%, 11/17/2014 #(N).......................... 2,136 1,554 Mediacom Broadband, Term Loan D1, 7.10%, 01/31/2015 #(N).......................... 1,553
PRINCIPAL MARKET AMOUNT VALUE (W) - ----------- ---------- TECHNOLOGY -- (CONTINUED) $ 1,759 Mediacom Broadband, Term Loan D2, 7.10%, 01/31/2015 #(N).......................... $ 1,753 442 Mediacom LLC, 7.10%, 01/31/2015 #(N).......................... 442 1,649 Metro PCS Wireless, Inc., 7.63%, 11/02/2013 #(N).......................... 1,661 3,820 R.H. Donnelly, Inc., 6.85%, 06/30/2011 #(N).......................... 3,817 748 UGS Corp., 7.07%, 03/31/2012 #(N).......................... 747 ---------- 15,712 ---------- UTILITIES -- 0.2% 777 Mirant North America LLC, 7.07%, 01/03/2013 #(N).......................... 777 627 NRG Energy, Inc., 7.35%, 01/27/2013 #(N).......................... 631 302 Pike Electric, Inc., 7.13%, 07/01/2012 #(N).......................... 303 ---------- 1,711 ---------- Total senior floating rate interests: non-investment grade (cost $87,323).................................. $ 87,297 ---------- U.S. GOVERNMENT AGENCIES -- 36.4% FEDERAL HOME LOAN MORTGAGE CORPORATION -- 17.1% 3,800 4.10% 2014 #...................................... $ 3,729 11,350 4.50% 2018 #...................................... 11,022 8,425 5.00% 2034 #...................................... 8,122 2,924 5.04% 2035 #(L)................................... 2,899 6,977 5.34% 2037 #(L)................................... 6,991 3,675 5.45% 2036 (L).................................... 3,678 12,108 5.48% 2036 #(L)................................... 12,149 75,643 5.50% 2033 -- 2036 (Q)............................ 74,800 3,044 5.58% 2036 #(L)................................... 3,055 47,597 6.00% 2032 -- 2036 (Q)............................ 48,030 ---------- 174,475 ---------- FEDERAL NATIONAL MORTGAGE ASSOCIATION -- 13.5% 686 4.69% 2034 (L).................................... 680 2,621 4.71% 2035 (L).................................... 2,593 2,027 4.79% 2035 (L).................................... 2,005 7,630 4.88% 2008 -- 2035 #.............................. 7,609 761 4.91% 2035 (L).................................... 758 1,883 4.93% 2035 (L).................................... 1,878 40,106 5.00% 2018 -- 2037 (Q)............................ 39,154 1,293 5.09% 2035 (L).................................... 1,288 36,407 5.50% 2017 -- 2037 (Q)............................ 36,286 43,965 6.00% 2013 -- 2037 (Q)............................ 44,338 1,435 6.50% 2031 -- 2037 (Q)............................ 1,466 367 7.50% 2029 -- 2031................................ 385 ---------- 138,440 ----------
The accompanying notes are an integral part of these financial statements. 253 THE HARTFORD TOTAL RETURN BOND FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ----------- ---------- U.S. GOVERNMENT AGENCIES -- (CONTINUED) GOVERNMENT NATIONAL MORTGAGE ASSOCIATION -- 3.5% $ 4,929 5.50% 2033 -- 2035 (Q)............................ $ 4,910 26,949 6.00% 2032 -- 2037 #.............................. 27,314 3,508 6.50% 2028 -- 2032 #.............................. 3,625 ---------- 35,849 ---------- SMALL BUSINESS ADMINISTRATION PARTICIPATION CERTIFICATES -- 2.3% 1,354 5.12% 2026........................................ 1,348 1,017 5.23% 2027........................................ 1,019 6,647 5.32% 2027........................................ 6,694 2,758 5.36% 2026........................................ 2,784 2,016 5.37% 2026........................................ 2,036 2,246 5.54% 2026........................................ 2,286 1,850 5.57% 2026........................................ 1,886 1,803 5.64% 2026........................................ 1,845 2,169 5.70% 2026........................................ 2,222 1,722 6.14% 2022........................................ 1,775 ---------- 23,895 ---------- Total U.S. government agencies (cost $373,351)................................. $ 372,659 ---------- U.S. GOVERNMENT SECURITIES -- 13.2% FEDERAL HOME LOAN BANK -- 0.4% 3,680 5.25% 2008 #...................................... $ 3,692 ---------- TENNESSEE VALLEY AUTHORITY -- 0.2% 8,800 4.75% 2025 #(M)................................... $ 2,359 ---------- U.S. TREASURY SECURITIES -- 12.6% 9,420 2.38% 2011 (G)(O)................................. 9,791 15,370 3.88% 2009 (G)(O)................................. 19,710 57,358 4.00% 2014 (G).................................... 55,478 3,839 4.50% 2036 (G).................................... 3,640 18,291 4.63% 2011 -- 2017 (G)............................ 18,310 21,050 5.13% 2011 (G).................................... 21,536 ---------- 128,465 ---------- Total U.S. government securities (cost $134,167)................................. $ 134,516 ---------- Total long-term investments (cost $970,679)................................. $ 971,986 ---------- SHORT-TERM INVESTMENTS -- 40.4% CONSUMER STAPLES -- 0.8% 8,000 Cargill, Inc., 5.25%, 05/14/2007............................... $ 7,984 ---------- FINANCE -- 10.6% 6,000 American General Finance, 5.24%, 05/14/2007............................... 5,988 2,000 American Honda Finance Corp., 5.24%, 05/10/20................................. 1,997 8,000 BNP Paribas Finance, 5.24%, 05/14/2007............................... 7,984
PRINCIPAL MARKET AMOUNT VALUE (W) - ----------- ---------- FINANCE -- (CONTINUED) $ 8,000 Citigroup Funding, Inc., 5.25%, 05/14/2007............................... $ 7,984 6,000 CS First Boston NY, 5.25%, 05/07/2007............................... 5,994 8,000 Danske Corp., 5.24%, 05/14/2007............................... 7,984 8,000 Deutsche Bank, 5.26%, 05/14/2007............................... 7,984 4,000 Goldman Sachs Group, Inc., 5.25%, 05/14/2007............................... 3,992 6,000 HSBC Finance Corp., 5.24%, 05/14/2007............................... 5,988 4,000 Merrill Lynch & Co., 5.25%, 05/14/2007............................... 3,992 4,000 Nationwide Building Society, 5.25%, 05/14/2007............................... 3,992 8,000 Nordea North America, 5.25%, 05/14/2007............................... 7,983 8,000 Rabobank USA, 5.24%, 05/03/2007............................... 7,996 8,000 Societe Generale NA, 5.25%, 05/14/2007............................... 7,983 65 State Street Bank Money Market.................... 65 4,000 Swedbank, 5.25%, 05/07/2007............................... 3,996 8,000 Toronto-Dominion Holdings, 5.26%, 05/14/2007............................... 7,983 8,000 UBS Finance LLC, 5.25%, 05/09/2007............................... 7,989 ---------- 107,874 ---------- HEALTH CARE -- 0.8 % 8,000 Abbott Laboratories, 5.24%, 05/10/2007............................... 7,988 ---------- REPURCHASE AGREEMENTS -- 13.7% 41,536 BNP Paribas Securities Corp. Repurchase Agreement, 5.10%, 05/01/2007............................... 41,536 49,215 RBS Greenwich Capital Markets Repurchase Agreement, 5.10%, 05/01/2007............................... 49,215 49,843 UBS Securities, Inc. Repurchase Agreement, 5.10%, 05/01/2007............................... 49,843 ---------- 140,594 ---------- SHARES - ----------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 14.4% CASH COLLATERAL REINVESTMENT FUND: 147,912 Navigator Prime Portfolio......................... 147,912 ----------
The accompanying notes are an integral part of these financial statements. 254 - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ----------- ---------- U.S. TREASURY BILL -- 0.1% $ 1,050 U.S. Treasury Bill, 4.88%, 06/14/2007 (M)(S)........................ $ 1,044 ---------- Total short-term investments (cost $413,396)................................. $ 413,396 ---------- Total investments in securities (cost $1,384,075) (C)........................... $1,385,382 ==========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 5.90% of total net assets at April 30, 2007. (A)The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $383, which represents 0.04% of total net assets. (B)All principal amounts are in U.S. dollars unless otherwise indicated. BRL -- Brazilian Real
(C)At April 30, 2007, the cost of securities for federal income tax purposes was $1,384,353 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation......................... $ 5,453 Unrealized depreciation......................... (4,424) ------- Net unrealized appreciation..................... $ 1,029 =======
(G) Security is partially on loan at April 30, 2007. # This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future. (H)The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.
PERIOD ACQUIRED SHARES/PAR SECURITY COST BASIS -------- ---------- -------- ---------- 3/2006 289 Home Equity Asset Trust, 4.75%, 06/27/2035 - 144A $287 4/2005 12,535 Morgan Stanley Dean Witter Capital I, 0.46%, 08/25/2032 - 144A -- 4/2005-8/2006 4,620 Morgan Stanley Dean Witter Capital I, 8.05%, 08/25/2032 - Reg D 85
The aggregate value of these securities at April 30, 2007 was $211, which represents 0.02% of total net assets. (I)Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at April 30, 2007, was $88,175, which represents 8.62% of total net assets. (K) Securities contain some restrictions as to public resale. These securities comply with Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, and are determined to be liquid. At April 30, 2007, the market value of these securities amounted to $3,580 or 0.35% of total net assets. (L)Variable rate securities; the rate reported is the coupon rate in effect at April 30, 2007. (M) The interest rate disclosed for these securities represents the effective yield on the date of acquisition. (N) The interest rate disclosed for these securities represents the average coupon as of April 30, 2007. (O)U.S. Treasury inflation-protection securities (TIPS) are securities in which the principal amount is adjusted for inflation and the semiannual interest payments equal a fixed percentage of the inflation-adjusted principal amount. (P) The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at April 30, 2007. (AA)The interest rate disclosed for these securities represents an estimated average coupon as of April 30, 2007. (Q)The cost of securities purchased on a when-issued or delayed delivery basis at April 30, 2007 was $228,773. (S)Security pledged as initial margin deposit for open futures contracts at April 30, 2007. FUTURES CONTRACTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED NUMBER OF APPRECIATION DESCRIPTION CONTRACTS* POSITION EXPIRATION (DEPRECIATION) ----------- ---------- -------- ---------- -------------- U.S. 2 Year Treasury Note 1,845 Long June 2007 $ 16 U.S. 5 Year Treasury Note 516 Long June 2007 (27) U.S. 10 Year Treasury Note 306 Long June 2007 115 U.S. Long Bond 628 Short June 2007 (182) ----- $ (78) =====
* The number of contracts does not omit 000's. The accompanying notes are an integral part of these financial statements. 255 THE HARTFORD TOTAL RETURN BOND FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - -------------------------------------------------------------------------------- (V) Senior loans in which the Fund invests generally pay interest rates which are periodically adjusted by reference to a base short-term, floating lending rate plus a premium. These base lending rates are generally (i) the lending rate offered by one or more major European banks, such as the London Inter-Bank Offered Rate (LIBOR), (ii) the prime rate offered by one or more major United States Banks, or (iii) the bank's certificate of deposit rate. Senior floating rate interests often require prepayments from excess cash flows or permit the borrower to repay at its election. The rate at which the borrower repays cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. The interest rate indicated is the rate in effect at April 30, 2007. + Convertible debt security. (W)See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. CREDIT DEFAULT SWAP AGREEMENTS OUTSTANDING AT APRIL 30, 2007
PAY/ UNREALIZED REFERENCE BUY/SELL RECEIVE EXPIRATION NOTIONAL APPRECIATION COUNTERPARTY ENTITY PROTECTION FIXED RATE DATE AMOUNT (DEPRECIATION) - ------------ --------- ---------- ---------- ---------- -------- -------------- Lehman Brothers Special Financing, Inc. HCA, Inc. Buy 2.70% 12/20/2010 $2,200 $ 46 Lehman Brothers Special Financing, Inc. HCA, Inc. Sell 3.50% 12/20/2011 2,200 (60) JP Morgan Chase Bank Republic of Turkey Sell 2.52% 4/20/2017 875 (21) ---- $(35) ====
The accompanying notes are an integral part of these financial statements. 256 THE HARTFORD U.S. GOVERNMENT SECURITIES FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ---------- ---------- ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES -- 7.6% FINANCE -- 7.6% $ 2,100 Bayview Financial Acquisition Trust, 6.97%, 05/28/2037 (L)........................... $ 2,100 2,000 Countrywide Asset Backed Certificates, 5.76%, 06/25/2035............................... 2,000 2,000 Countrywide Asset Backed Certificates, 5.80%, 07/25/2034............................... 1,999 4,000 Merrill Lynch/Countrywide Commercial Mortgage Trust, 5.46%, 07/12/2046 (L)........................... 3,999 687 Nationstar Home Equity Loan Trust, 9.97%, 03/25/2037 (I)(L)........................ 687 1,000 Option One Mortgage Loan Trust, 6.99%, 03/25/2037............................... 879 780 Renaissance Home Equity Loan Trust, 7.50%, 04/25/2037............................... 700 1,961 Spirit Master Funding LLC, 5.76%, 03/20/2024 (I)........................... 1,954 ---------- Total asset & commercial mortgage backed securities (cost $14,342).................................. $ 14,318 ---------- CORPORATE BONDS: INVESTMENT GRADE -- 0.2% FINANCE -- 0.2% 500 North Street Referenced Linked Notes, 6.41%, 07/30/2010 (I)(L)........................ $ 435 ---------- Total corporate bonds: investment grade (cost $434)..................................... $ 435 ---------- U.S. GOVERNMENT SECURITIES -- 7.0% OTHER DIRECT FEDERAL OBLIGATIONS -- 3.6% 6,650 Federal Home Loan Bank 5.125% 2013................ $ 6,737 ---------- U.S. TREASURY SECURITIES -- 3.4% 6,100 2.04% 2010 (O)(G)................................. 6,344 ---------- Total U.S. government securities (cost $12,986).................................. $ 13,081 ---------- U.S. GOVERNMENT AGENCIES -- 82.3% FEDERAL HOME LOAN MORTGAGE CORPORATION -- 20.0% MORTGAGE BACKED SECURITIES: 9,923 6.00% 2032 -- 2037................................ $ 10,013 65 7.00% 2029 -- 2031................................ 68 99 9.00% 2022........................................ 108 56 11.50% 2015 -- 2019............................... 60 33 11.75% 2011....................................... 35 7 12.50% 2019....................................... 8 ---------- 10,292 ---------- REMIC -- PAC'S: 26,644 6.00% 2032........................................ 27,188 ---------- 37,480 ----------
PRINCIPAL MARKET AMOUNT VALUE (W) - ---------- ---------- FEDERAL NATIONAL MORTGAGE ASSOCIATION -- 42.9% MORTGAGE BACKED SECURITIES: $ 10,725 5.484% 2036....................................... $ 10,818 16,169 5.50% 2015 -- 2037................................ 15,979 21,258 6.00% 2016 -- 2036................................ 21,439 1,288 6.01% 2009........................................ 1,296 4,999 6.02% 2037 (L).................................... 5,079 8,302 6.50% 2013 -- 2037................................ 8,463 57 7.50% 2030........................................ 59 19 8.00% 2025........................................ 21 49 8.50% 2022........................................ 52 39 9.00% 2020........................................ 43 11 9.75% 2020........................................ 11 81 10.00% 2020....................................... 90 34 10.50% 2012 -- 2018............................... 38 4 10.75% 2013....................................... 4 136 11.00% 2015 -- 2020............................... 149 28 11.25% 2013....................................... 28 7 11.50% 2015....................................... 7 18 12.00% 2014....................................... 20 53 12.50% 2015....................................... 58 ---------- 63,654 ---------- NOTES: 4,000 5.00% 2012 (G).................................... 4,027 10,500 6.25% 2029........................................ 11,891 ---------- 15,918 ---------- REMIC-PAC'S: 1,003 6.50% 2012........................................ 1,019 ---------- 80,591 ---------- GOVERNMENT NATIONAL MORTGAGE ASSOCIATION -- 8.4% MORTGAGE BACKED SECURITIES: 399 6.00% 2034........................................ 404 3,444 6.50% 2031 -- 2032................................ 3,555 42 7.00% 2030........................................ 44 109 8.00% 2022........................................ 116 384 9.50% 2016 -- 2019................................ 418 25 11.00% 2015 -- 2018............................... 28 ---------- 4,565 ---------- REMIC-PAC'S: 10,000 6.00% 2032........................................ 10,186 1,000 6.50% 2031........................................ 1,039 ---------- 11,225 ---------- 15,790 ---------- OTHER GOVERNMENT AGENCIES -- 11.1% SMALL BUSINESS ADMINISTRATION PARTICIPATION CERTIFICATES: 1,499 5.49% 2027........................................ 1,522 1,482 5.54% 2026........................................ 1,509 2,765 5.66% 2022........................................ 2,818 1,886 5.70% 2026........................................ 1,933 1,241 5.78% 2021........................................ 1,268 3,679 5.82% 2026........................................ 3,790 2,735 5.98% 2022........................................ 2,802
The accompanying notes are an integral part of these financial statements. 257 THE HARTFORD U.S. GOVERNMENT SECURITIES FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - ---------- ---------- U.S. GOVERNMENT AGENCIES -- (CONTINUED) OTHER GOVERNMENT AGENCIES -- (CONTINUED) $ 2,374 6.07% 2026........................................ $ 2,472 2,699 6.14% 2022........................................ 2,783 ---------- 20,897 ---------- Total U.S. government agencies (cost $153,074)................................. $ 154,758 ---------- Total long-term investments (cost $180,836)................................. $ 182,592 ---------- SHORT-TERM INVESTMENTS -- 7.5% REPURCHASE AGREEMENTS -- 2.1% 1,156 BNP Paribas Securities Corp. Repurchase Agreement, 5.10%, 05/01/2007............................... $ 1,156 1,370 RBS Greenwich Capital Markets, 5.10%, 05/01/2007............................... 1,370 1,387 UBS Securities, Inc. Repurchase Agreement, 5.10%, 05/01/2007............................... 1,387 ---------- 3,913 ---------- SHARES - ---------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 5.2% CASH COLLATERAL REINVESTMENT FUND: 9,748 Navigator Prime Portfolio......................... 9,748 ---------- PRINCIPAL AMOUNT - ---------- U.S. TREASURY SECURITIES -- 0.2% $ 350 U.S. Treasury Bill, 5.06%, 06/14/2007 (M)(S)........................ 348 ---------- Total short-term investments (cost $14,009).................................. $ 14,009 ---------- Total investments in securities (cost $194,845) (C)............................. $ 196,601 ==========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. (C) At April 30, 2007, the cost of securities for federal income tax purposes was $194,854 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation............................. $1,867 Unrealized depreciation............................. (120) ------ Net unrealized appreciation......................... $1,747 ======
(G) Security is partially on loan at April 30, 2007. (I) Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at April 30, 2007, was $3,076, which represents 1.64% of total net assets. (L) Variable rate securities; the rate reported is the coupon rate in effect at April 30, 2007. (M) The interest rate disclosed for these securities represents the effective yield on the date of acquisition. (O) U.S. Treasury inflation-protection securities (TIPS) are securities in which the principal amount is adjusted for inflation and the semiannual interest payments equal a fixed percentage of the inflation-adjusted principal amount. (S) Security pledged as initial margin deposit for open futures contracts at April 30, 2007. FUTURES CONTRACTS OUTSTANDING AT APRIL 30, 2007
UNREALIZED NUMBER OF APPRECIATION DESCRIPTION CONTRACTS* POSITION EXPIRATION (DEPRECIATION) ----------- ---------- -------- ---------- -------------- CBT 2 Year U.S. Treasury Note 20 Long June 2007 $ 2 CBT 5 Year U.S. Treasury Note 396 Long June 2007 10 CBT 10 Year U.S. Treasury Note 12 Short June 2007 (5) CBT U.S. Long Bond 41 Short June 2007 (4) --- $ 3 ===
* The number of contracts does not omit 000's. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 258 THE HARTFORD VALUE FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 98.7% BASIC MATERIALS -- 5.4% 110 Agrium, Inc. ..................................... $ 4,245 126 Cameco Corp. ..................................... 5,888 71 Dow Chemical Co. ................................. 3,172 93 E.I. DuPont de Nemours & Co. (G).................. 4,593 44 Kimberly-Clark Corp. ............................. 3,096 -------- 20,994 -------- CAPITAL GOODS -- 7.4% 111 American Standard Cos., Inc. ..................... 6,084 48 Deere & Co. ...................................... 5,207 83 Goodrich Corp. ................................... 4,706 60 National Oilwell Varco, Inc. (D)(G)............... 5,049 87 Pitney Bowes, Inc. ............................... 4,181 37 Textron, Inc. .................................... 3,762 -------- 28,989 -------- CONSUMER CYCLICAL -- 8.5% 78 Altria Group, Inc. ............................... 5,383 88 Federated Department Stores, Inc. ................ 3,847 173 Gap, Inc. ........................................ 3,113 132 Kroger Co. ....................................... 3,892 81 McDonald's Corp. ................................. 3,930 166 Safeway, Inc. .................................... 6,040 153 Supervalu, Inc. .................................. 7,004 -------- 33,209 -------- CONSUMER STAPLES -- 5.9% 36 Colgate-Palmolive Co. ............................ 2,452 100 Kellogg Co. ...................................... 5,280 54 Kraft Foods, Inc. ................................ 1,809 121 PepsiCo, Inc. .................................... 8,023 263 Tyson Foods, Inc. Class A......................... 5,502 -------- 23,066 -------- ENERGY -- 11.5% 53 Chevron Corp. .................................... 4,123 57 ConocoPhillips Holding Co. ....................... 3,953 232 Exxon Mobil Corp. ................................ 18,384 50 GlobalSantaFe Corp. .............................. 3,171 134 Newfield Exploration Co. (D)...................... 5,880 119 Occidental Petroleum Corp. ....................... 6,023 69 XTO Energy, Inc. ................................. 3,761 -------- 45,295 -------- FINANCE -- 30.0% 41 ACE Ltd. ......................................... 2,432 77 Aetna, Inc. ...................................... 3,600 100 Allstate Corp. ................................... 6,244 90 American International Group, Inc. ............... 6,278 306 Bank of America Corp. ............................ 15,580 100 Bank of New York Co., Inc. ....................... 4,044 94 Chubb Corp. ...................................... 5,071
MARKET SHARES VALUE (W) - --------- --------- FINANCE -- (CONTINUED) 270 Citigroup, Inc. .................................. $ 14,488 30 Goldman Sachs Group, Inc. ........................ 6,536 288 Host Hotels & Resorts, Inc. (G)................... 7,376 208 JP Morgan Chase & Co. ............................ 10,843 52 Nuveen Investments, Inc. Class A (G).............. 2,772 51 PNC Financial Services Group, Inc. ............... 3,764 110 State Street Corp. ............................... 7,583 113 U.S. Bancorp...................................... 3,871 88 UBS AG............................................ 5,737 80 Wachovia Corp. ................................... 4,433 43 Wellpoint, Inc. (D)............................... 3,404 102 Wells Fargo & Co. ................................ 3,650 -------- 117,706 -------- HEALTH CARE -- 6.9% 69 Abbott Laboratories............................... 3,878 103 Baxter International, Inc. ....................... 5,839 75 Bristol-Myers Squibb Co. ......................... 2,170 214 CVS/Caremark Corp. ............................... 7,759 134 Wyeth............................................. 7,409 -------- 27,055 -------- SERVICES -- 2.7% 119 Comcast Corp. Class A (D)(G)...................... 3,179 688 Sun Microsystems, Inc. (D)........................ 3,591 190 Time Warner, Inc. ................................ 3,916 -------- 10,686 -------- TECHNOLOGY -- 14.3% 348 AT&T, Inc. ....................................... 13,489 7 Beckman Coulter, Inc. (G)......................... 465 154 Cisco Systems, Inc. (D)........................... 4,118 183 Corning, Inc. (D)................................. 4,331 260 EMC Corp. (D)..................................... 3,942 306 General Electric Co. ............................. 11,294 124 Hewlett-Packard Co. .............................. 5,209 163 Nokia Corp. (D)(G)................................ 4,103 243 Verizon Communications, Inc. ..................... 9,262 -------- 56,213 -------- TRANSPORTATION -- 2.1% 107 General Dynamics Corp. ........................... 8,431 -------- UTILITIES -- 4.0% 39 Entergy Corp. .................................... 4,435 75 Exelon Corp. ..................................... 5,641 65 FPL Group, Inc. (G)............................... 4,191 31 SCANA Corp. ...................................... 1,363 -------- 15,630 -------- Total common stock (cost $332,114)................................. $387,274 --------
The accompanying notes are an integral part of these financial statements. 259 THE HARTFORD VALUE FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
PRINCIPAL MARKET AMOUNT VALUE (W) - --------- --------- SHORT-TERM INVESTMENTS -- 7.7% REPURCHASE AGREEMENTS -- 0.7% $ 911 Banc of America Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 911 337 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 337 11 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 11 452 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 452 1,032 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 1,032 -------- 2,743 -------- SHARES - --------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 7.0% CASH COLLATERAL REINVESTMENT FUND: 27,641 BNY Institutional Cash Reserve Fund............... $ 27,641 -------- Total short-term investments (cost $30,384).................................. $ 30,384 -------- Total investments in securities (cost $362,498) (C)............................. $417,658 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 5.09% of total net assets at April 30, 2007. (C) At April 30, 2007, the cost of securities for federal income tax purposes was $362,651 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation......................... $55,402 Unrealized depreciation......................... (395) ------- Net unrealized appreciation..................... $55,007 =======
(D) Currently non-income producing. (G) Security is partially on loan at April 30, 2007. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 260 THE HARTFORD VALUE OPPORTUNITIES FUND SCHEDULE OF INVESTMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- 97.8% BASIC MATERIALS -- 8.0% 148 Alcoa, Inc. ...................................... $ 5,253 83 Arch Coal, Inc. .................................. 3,005 27 Celanese Corp. ................................... 911 134 Chemtura Corp. ................................... 1,482 28 Cytec Industries, Inc. ........................... 1,543 25 E.I. DuPont de Nemours & Co. ..................... 1,239 7 FMC Corp. ........................................ 560 7 Mueller Water Products, Inc. (G).................. 101 46 Mueller Water Products, Inc. Class B.............. 658 106 Owens-Illinois, Inc. (D).......................... 3,174 101 Smurfit-Stone Container Corp. (D)................. 1,217 -------- 19,143 -------- CAPITAL GOODS -- 6.4% 17 Alliant Techsystems, Inc. (D)..................... 1,602 23 Deere & Co. ...................................... 2,538 117 Goodrich Corp. ................................... 6,622 34 Kennametal, Inc. ................................. 2,413 31 Varian Semiconductor Equipment Associates, Inc. (D)............................................. 2,074 -------- 15,249 -------- CONSUMER CYCLICAL -- 7.7% 78 American Axle & Manufacturing Holdings, Inc. (G)............................................. 2,191 97 Circuit City Stores, Inc. ........................ 1,698 40 Copart, Inc. (D).................................. 1,145 154 Foot Locker, Inc. ................................ 3,664 88 Ford Motor Co. ................................... 704 62 Home Depot, Inc. ................................. 2,352 25 MDC Holdings, Inc. ............................... 1,266 126 Ruby Tuesday, Inc. (G)............................ 3,369 52 TRW Automotive Holdings Corp. (D)................. 1,920 -------- 18,309 -------- CONSUMER STAPLES -- 3.3% 69 Avon Products, Inc. .............................. 2,726 2,468 Marine Harvest (D)(A)(G).......................... 2,636 83 Unilever N.V. NY Shares........................... 2,516 -------- 7,878 -------- ENERGY -- 9.2% 227 Brasil EcoDiesel Industria (D).................... 1,039 42 Exxon Mobil Corp. ................................ 3,310 24 GlobalSantaFe Corp. .............................. 1,534 36 Newfield Exploration Co. (D)...................... 1,579 29 Noble Corp. ...................................... 2,434 39 Noble Energy, Inc. ............................... 2,282 37 Petro-Canada...................................... 1,636 136 Talisman Energy, Inc. ............................ 2,586 69 Total S.A. ADR.................................... 5,065 23 UGI Corp. ........................................ 647 -------- 22,112 --------
MARKET SHARES VALUE (W) - --------- --------- FINANCE -- 27.2% 122 ACE Ltd. ......................................... $ 7,248 48 Aetna, Inc. ...................................... 2,227 21 AMBAC Financial Group, Inc. ...................... 1,955 41 American International Group, Inc. ............... 2,873 149 Apollo Investment Corp. .......................... 3,272 200 Bank of America Corp. ............................ 10,197 103 Capital One Financial Corp. ...................... 7,671 23 CIT Group, Inc. .................................. 1,396 35 Commerce Bancorp, Inc. ........................... 1,164 156 E*Trade Financial Corp. (D)....................... 3,440 30 Everest Re Group Ltd. ............................ 3,009 144 Genesis Lease Ltd. ............................... 3,893 39 KKR Financial Corp. .............................. 1,036 131 PennantPark Investment Corp. (D).................. 1,965 63 Platinum Underwriters Holdings Ltd. .............. 2,170 158 Royal Bank of Scotland Group plc (A).............. 6,048 72 UBS AG............................................ 4,666 33 Unum Group........................................ 819 -------- 65,049 -------- HEALTH CARE -- 7.7% 45 Alkermes, Inc. (D)................................ 738 19 Astellas Pharma, Inc. (A)......................... 831 43 Bristol-Myers Squibb Co. ......................... 1,227 49 Cooper Co., Inc. ................................. 2,509 265 Impax Laboratories, Inc. (D)(G)................... 2,671 43 Sanofi-Aventis S.A. (A)(G)........................ 3,962 58 Sanofi-Aventis S.A. ADR........................... 2,646 69 Wyeth............................................. 3,835 -------- 18,419 -------- SERVICES -- 6.8% 98 Avis Budget Group, Inc. .......................... 2,751 214 BearingPoint, Inc. (D)............................ 1,570 48 CACI International, Inc. Class A (D).............. 2,181 136 Comcast Corp. Special Class A (D)................. 3,596 58 Entercom Communications Corp. .................... 1,612 42 R.H. Donnelley Corp. (D).......................... 3,272 95 Unisys Corp. (D).................................. 746 12 Viacom, Inc. Class B (D).......................... 512 -------- 16,240 -------- TECHNOLOGY -- 19.1% 72 Arrow Electronics, Inc. (D)....................... 2,853 257 Cinram International Income Fund.................. 5,770 255 Cisco Systems, Inc. (D)........................... 6,813 7 Embarq Corp. ..................................... 418 62 Fairchild Semiconductor International, Inc. (D)... 1,091 57 First Data Corp. ................................. 1,834 186 Flextronics International Ltd. (D)................ 2,073 110 Microsoft Corp. .................................. 3,278 25 NCR Corp. (D)..................................... 1,280 138 Powerwave Technologies, Inc. (D)(G)............... 862 77 QLogic Corp. (D).................................. 1,384 92 Seagate Technology................................ 2,040 74 Solar Cayman Ltd. (A)(D)(H)....................... 1,103
The accompanying notes are an integral part of these financial statements. 261 THE HARTFORD VALUE OPPORTUNITIES FUND SCHEDULE OF INVESTMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MARKET SHARES VALUE (W) - --------- --------- COMMON STOCK -- (CONTINUED) TECHNOLOGY -- (CONTINUED) 250 Sprint Nextel Corp. .............................. $ 5,008 155 Symantec Corp. (D)................................ 2,732 25 Tektronix, Inc. .................................. 744 92 Telefonaktiebolaget LM Ericsson ADR............... 3,519 40 Texas Instruments, Inc. .......................... 1,371 56 Virgin Media, Inc. ............................... 1,415 -------- 45,588 -------- TRANSPORTATION -- 2.4% 50 U.S. Airways Group, Inc. (D)(J)................... 1,837 115 UAL Corp. (D)(G).................................. 3,828 -------- 5,665 -------- Total common stock (cost $198,789)................................. $233,652 -------- PRINCIPAL AMOUNT - --------- SHORT-TERM INVESTMENTS -- 6.7% REPURCHASE AGREEMENTS -- 1.6% $ 1,261 Banc of America Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... $ 1,261 467 BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement, 5.23%, 05/01/2007............................... 467 15 Deutsche Bank Securities Joint Repurchase Agreement, 5.10%, 05/01/2007............................... 15 626 Deutsche Bank Securities TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 626 1,429 UBS Securities, Inc. TriParty Joint Repurchase Agreement, 5.24%, 05/01/2007............................... 1,429 -------- 3,798 -------- SHARES - --------- SECURITIES PURCHASED WITH PROCEEDS FROM SECURITY LENDING -- 5.1% CASH COLLATERAL REINVESTMENT FUND: 12,097 BNY Institutional Cash Reserve Fund............... 12,097 -------- Total short-term investments (cost $15,895).................................. $ 15,895 -------- Total investments in securities (cost $214,684) (C)............................. $249,547 ========
Note: Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 19.60% of total net assets at April 30, 2007. (A) The aggregate value of securities valued in good faith at fair value by, or under the direction of, the Funds' Board of Directors at April 30, 2007, was $14,580, which represents 6.11% of total net assets. (C) At April 30, 2007, the cost of securities for federal income tax purposes was $215,211 and the aggregate gross unrealized appreciation and depreciation based on that cost were: Unrealized appreciation......................... $35,770 Unrealized depreciation......................... (1,434) ------- Net unrealized appreciation..................... $34,336 =======
(D) Currently non-income producing. (G) Security is partially on loan at April 30, 2007. (H) The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.
PERIOD ACQUIRED SHARES/PAR SECURITY COST BASIS -------- ---------- -------- ---------- 3/2007 74 Solar Cayman Ltd. $1,103
The aggregate value of these securities at April 30, 2007 was $1,103, which represents 0.46% of total net assets. (J) Securities exempt from registration under Regulation D of the Securities Act of 1933. These securities are determined to be liquid. At April 30, 2007, the market value of these securities was $1,837, which represents 0.77% of total net assets. (W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities. The accompanying notes are an integral part of these financial statements. 262 (This page intentionally left blank) 263 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF ASSETS AND LIABILITIES APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
BALANCED ADVISERS ALLOCATION FUND FUND* ------------- ------------- ASSETS: Investments in securities, at value; (amortized cost for Money Market)@........................................... $ 1,758,989 $ 862,449 Cash....................................................... 39 -- Foreign currency on deposit with custodian#................ -- -- Unrealized appreciation in forward foreign currency contracts................................................ 15 -- Receivables: Investment securities sold............................... 40,897 -- Fund shares sold......................................... 360 2,111 Dividends and interest................................... 6,030 1,602 Variation margin......................................... -- -- Purchased swap contracts................................... -- -- Other assets............................................... 112 166 ------------- ------------- Total assets................................................ 1,806,442 866,328 ------------- ------------- LIABILITIES: Unrealized depreciation on forward foreign currency contracts................................................ -- -- Bank overdraft -- U.S. Dollars............................. -- -- Bank overdraft -- foreign cash............................. -- -- Payable upon return of securities loaned (Note 2d)......... 153,701 -- Payables: Investment securities purchased.......................... 20,394 320 Fund shares redeemed..................................... 4,028 1,546 Investment advisory and management fees (Note 3)......... 169 18 Dividends................................................ -- -- Distribution fees (Note 3)............................... 129 76 Reverse repurchase agreements (Note 2g).................. -- -- Variation margin......................................... -- -- Accrued interest expense................................... -- -- Accrued expenses........................................... 725 122 Written options and swap contracts......................... -- -- ------------- ------------- Total liabilities........................................... 179,146 2,082 ------------- ------------- Net assets.................................................. $ 1,627,296 $ 864,246 ============= ============= SUMMARY OF NET ASSETS: Capital stock and paid-in-capital........................... $ 1,455,492 $ 771,563 Accumulated undistributed (distribution in excess of ) net investment income (loss)................................... 2,646 (6,072) Accumulated net realized gain (loss) on investments and foreign currency transactions.............................. 83,523 48,961 Unrealized appreciation (depreciation) of investments and the translations of assets and liabilities denominated in foreign currency........................................... 85,635 49,794 ------------- ------------- Net assets.................................................. $ 1,627,296 $ 864,246 ============= ============= Shares authorized........................................... 910,000 500,000 ------------- ------------- Par value................................................... 0.001 0.001 ------------- ------------- CLASS A: Net asset value per share/Maximum offering price per share.......................................... $17.71/$18.74 $12.36/$13.08 ------------- ------------- Shares outstanding................................... 62,275 43,182 ------------- ------------- Net assets........................................... $ 1,103,193 $ 533,627 ------------- ------------- CLASS B: Net asset value per share.......................... $ 17.54 $ 12.32 ------------- ------------- Shares outstanding................................... 16,645 10,022 ------------- ------------- Net assets........................................... $ 291,940 $ 123,526 ------------- ------------- CLASS C: Net asset value per share.......................... $ 17.71 $ 12.32 ------------- ------------- Shares outstanding................................... 12,023 16,712 ------------- ------------- Net assets........................................... $ 212,926 $ 205,885 ------------- ------------- CLASS I: Net asset value per share/Maximum offering price per share.......................................... $ -- $ 12.35 ------------- ------------- Shares outstanding................................... -- 95 ------------- ------------- Net assets........................................... $ -- $ 1,178 ------------- ------------- CLASS L: Net asset value per share.......................... $ -- $ -- ------------- ------------- Shares outstanding................................... -- -- ------------- ------------- Net assets........................................... $ -- $ -- ------------- ------------- CLASS R3: Net asset value per share......................... $ 17.89 $ 12.35 ------------- ------------- Shares outstanding................................... 1 1 ------------- ------------- Net assets........................................... $ 10 $ 10 ------------- ------------- CLASS R4: Net asset value per share......................... $ 17.89 $ 12.36 ------------- ------------- Shares outstanding................................... 1 1 ------------- ------------- Net assets........................................... $ 10 $ 10 ------------- ------------- CLASS R5: Net asset value per share......................... $ 17.90 $ 12.36 ------------- ------------- Shares outstanding................................... 1 1 ------------- ------------- Net assets........................................... $ 11 $ 10 ------------- ------------- CLASS Y: Net asset value per share.......................... $ 17.90 $ -- ------------- ------------- Shares outstanding................................... 1,073 -- ------------- ------------- Net assets........................................... $ 19,206 $ -- ------------- ------------- @ Cost of securities........................................ $ 1,673,353 $ 812,655 ------------- ------------- @ Market value of securities on loan........................ $ 150,003 $ -- ------------- ------------- # Cost of foreign currency on deposit with custodian....... $ -- $ -- ------------- -------------
* Relates to investments in affiliated investment companies. + Formally known as Aggressive Growth Allocation Fund. The accompanying notes are an integral part of these financial statements. 264 - --------------------------------------------------------------------------------
BALANCED CAPITAL CAPITAL CONSERVATIVE DISCIPLINED DIVIDEND EQUITY GROWTH EQUITY INCOME APPRECIATION APPRECIATION II ALLOCATION EQUITY AND GROWTH ALLOCATION INCOME FUND FUND FUND FUND* FUND FUND FUND*+ FUND ------------- ------------- --------------- ------------- ------------- ------------- -------------- ------------- $ 28,015 $ 18,111,131 $ 818,706 $ 172,416 $ 371,383 $ 4,422,521 $ 252,885 $ 965,876 1 -- 536 -- 730 1,609 -- 1 1 10,059 -- -- -- -- -- -- -- -- 7 -- -- -- -- -- 135 90,706 7,373 119 -- 1,065 -- 8,066 218 47,081 16,085 695 804 7,830 854 2,315 207 18,900 777 481 247 4,314 -- 1,019 3 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 41 1,062 188 106 118 248 156 148 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- 28,621 18,278,939 843,672 173,817 373,282 4,437,587 253,895 977,425 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- -- 30,633 -- -- -- -- -- -- -- 59 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 953,537 49,962 -- 25,405 529,478 -- 50,533 760 107,726 14,637 -- -- 14,041 353 -- 36 24,333 1,303 515 701 5,149 657 864 3 1,871 120 4 46 402 6 115 -- -- -- -- -- -- -- -- 2 1,371 65 15 18 248 23 48 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 5 4,000 103 27 131 968 51 150 -- -- -- -- 38 -- -- -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- 806 1,123,530 66,190 561 26,339 550,286 1,090 51,710 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 27,815 $ 17,155,409 $ 777,482 $ 173,256 $ 346,943 $ 3,887,301 $ 252,805 $ 925,715 ============= ============= ============= ============= ============= ============= ============= ============= $ 26,432 $ 13,943,742 $ 690,118 $ 161,419 $ 322,264 $ 2,932,987 $ 211,794 $ 766,555 66 13,165 (680) (508) 259 4,755 (2,910) 1,409 88 868,066 23,707 6,522 (34,928) 80,123 19,712 10,595 1,229 2,330,436 64,337 5,823 59,348 869,436 24,209 147,156 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 27,815 $ 17,155,409 $ 777,482 $ 173,256 $ 346,943 $ 3,887,301 $ 252,805 $ 925,715 ============= ============= ============= ============= ============= ============= ============= ============= 800,000 1,215,000 1,000,000 500,000 450,000 700,000 500,000 500,000 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- 0.001 0.001 0.001 0.001 0.001 0.001 0.001 0.001 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $10.92/$11.56 $39.33/$41.62 $14.52/$15.37 $11.25/$11.90 $14.34/$15.17 $22.08/$23.37 $14.06/$14.88 $14.72/$15.58 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- 2,282 276,804 31,865 9,483 12,980 136,539 10,581 45,610 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 24,920 $ 10,885,348 $ 462,523 $ 106,703 $ 186,122 $ 3,014,547 $ 148,750 $ 671,200 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 10.90 $ 35.64 $ 14.29 $ 11.25 $ 13.66 $ 21.74 $ 13.97 $ 14.68 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- 97 55,575 4,206 2,062 2,480 18,079 2,927 3,505 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 1,058 $ 1,980,702 $ 60,123 $ 23,191 $ 33,879 $ 392,994 $ 40,898 $ 51,445 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 10.89 $ 35.82 $ 14.32 $ 11.24 $ 13.68 $ 21.69 $ 13.96 $ 14.69 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- 158 99,049 15,362 3,537 2,039 16,231 4,516 4,833 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 1,725 $ 3,547,615 $ 219,908 $ 39,765 $ 27,887 $ 352,106 $ 63,064 $ 71,025 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ 39.12 $ 14.55 $ 11.24 $ -- $ 22.02 $ 14.07 $ 14.68 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- -- 1,603 2,378 317 -- 31 4 42 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ 62,704 $ 34,605 $ 3,567 $ -- $ 687 $ 61 $ 620 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ -- $ -- $ -- $ -- $ -- $ -- $ -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- -- -- -- -- -- -- -- -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ -- $ -- $ -- $ -- $ -- $ -- $ -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ 41.81 $ 14.59 $ 11.24 $ 14.76 $ 22.33 $ 14.04 $ 14.77 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- -- 1 11 1 1 -- 1 1 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ 35 $ 166 $ 10 $ 11 $ 11 $ 10 $ 10 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ 41.85 $ 14.60 $ 11.25 $ 14.78 $ 22.34 $ 14.06 $ 14.77 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- -- -- 1 1 1 -- 1 1 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ 10 $ 11 $ 10 $ 11 $ 11 $ 11 $ 10 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ 41.90 $ 14.62 $ 11.25 $ 14.80 $ 22.35 $ 14.08 $ 14.78 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- -- -- 1 1 1 -- 1 1 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ 10 $ 11 $ 10 $ 11 $ 11 $ 11 $ 11 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 10.93 $ 41.93 $ 14.63 $ -- $ 14.81 $ 22.35 $ -- $ 14.78 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- 10 16,193 9 -- 6,688 5,679 -- 8,888 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 112 $ 678,985 $ 135 $ -- $ 99,022 $ 126,934 $ -- $ 131,394 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 26,787 $ 15,749,951 $ 754,374 $ 166,593 $ 312,069 $ 3,553,085 $ 228,676 $ 818,720 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ 923,838 $ 48,080 $ -- $ 24,184 $ 505,667 $ -- $ 48,878 ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 1 $ 10,110 $ -- $ -- $ -- $ -- $ -- $ -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- -------------
265 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF ASSETS AND LIABILITIES -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
FLOATING FUNDAMENTAL RATE GROWTH FUND FUND> ------------- ------------- ASSETS: Investments in securities, at value; (amortized cost for Money Market)@........................................... $ 4,698,705 $ 70,223 Cash....................................................... -- 1 Foreign currency on deposit with custodian#................ -- -- Unrealized appreciation in forward foreign currency contracts................................................ -- -- Receivables: Investment securities sold............................... 24,330 1,377 Fund shares sold......................................... 116,571 56 Dividends and interest................................... 35,846 77 Variation margin......................................... -- -- Purchased swap contracts................................. -- -- Other assets............................................... 853 52 ------------- ------------- Total assets................................................ 4,876,305 71,786 ------------- ------------- LIABILITIES: Unrealized depreciation on forward foreign currency contracts................................................ -- -- Bank overdraft -- U.S. Dollars............................. 50 -- Bank overdraft -- foreign cash............................. -- -- Payable upon return of securities loaned (Note 2d)......... -- 8,528 Payables: Investment securities purchased.......................... 384,387 556 Fund shares redeemed..................................... 11,838 256 Investment advisory and management fees (Note 3)......... 435 9 Dividends................................................ 7,625 -- Distribution fees (Note 3)............................... 359 6 Reverse repurchase agreements (Note 2g).................. -- -- Variation margin......................................... -- -- Accrued interest expense................................... -- -- Accrued expenses........................................... 138 33 Written options and swap contracts......................... -- -- ------------- ------------- Total liabilities........................................... 404,832 9,388 ------------- ------------- Net assets.................................................. $ 4,471,473 $ 62,398 ============= ============= SUMMARY OF NET ASSETS: Capital stock and paid-in-capital........................... $ 4,465,489 $ 57,159 Accumulated undistributed (distribution in excess of ) net investment income (loss)................................... 1,155 (85) Accumulated net realized gain (loss) on investments and foreign currency transactions.............................. (3,374) 2,433 Unrealized appreciation (depreciation) of investments and the translations of assets and liabilities denominated in foreign currency........................................... 8,203 2,891 ------------- ------------- Net assets.................................................. $ 4,471,473 $ 62,398 ============= ============= Shares authorized........................................... 1,600,000 300,000 ------------- ------------- Par value................................................... 0.001 0.001 ------------- ------------- CLASS A: Net asset value per share/Maximum offering price per share............................................ $10.15/$10.46 $12.05/$12.75 ------------- ------------- Shares outstanding................................... 221,298 3,091 ------------- ------------- Net assets........................................... $ 2,245,722 $ 37,240 ------------- ------------- CLASS B: Net asset value per share.......................... $ 10.14 $ 11.62 ------------- ------------- Shares outstanding................................... 6,157 1,088 ------------- ------------- Net assets........................................... $ 62,419 $ 12,634 ------------- ------------- CLASS C: Net asset value per share.......................... $ 10.14 $ 11.62 ------------- ------------- Shares outstanding................................... 158,084 1,047 ------------- ------------- Net assets........................................... $ 1,602,837 $ 12,169 ------------- ------------- CLASS I: Net asset value per share/Maximum offering price per share............................................ $ 10.15 $ -- ------------- ------------- Shares outstanding................................... 47,588 -- ------------- ------------- Net assets........................................... $ 483,131 $ -- ------------- ------------- CLASS L: Net asset value per share.......................... $ -- $ -- ------------- ------------- Shares outstanding................................... -- -- ------------- ------------- Net assets........................................... $ -- $ -- ------------- ------------- CLASS R3: Net asset value per share......................... $ 10.14 $ -- ------------- ------------- Shares outstanding................................... 3 -- ------------- ------------- Net assets........................................... $ 35 $ -- ------------- ------------- CLASS R4: Net asset value per share......................... $ 10.14 $ -- ------------- ------------- Shares outstanding................................... 1 -- ------------- ------------- Net assets........................................... $ 10 $ -- ------------- ------------- CLASS R5: Net asset value per share......................... $ 10.15 $ -- ------------- ------------- Shares outstanding................................... 1 -- ------------- ------------- Net assets........................................... $ 10 $ -- ------------- ------------- CLASS Y: Net asset value per share.......................... $ 10.14 $ 12.29 ------------- ------------- Shares outstanding................................... 7,624 29 ------------- ------------- Net assets........................................... $ 77,309 $ 355 ------------- ------------- @ Cost of securities........................................ $ 4,690,502 $ 67,332 ------------- ------------- @ Market value of securities on loan........................ $ -- $ 8,343 ------------- ------------- # Cost of foreign currency on deposit with custodian....... $ -- $ -- ------------- -------------
* Relates to investments in affiliated investment companies. > Formally known as Focus Fund. The accompanying notes are an integral part of these financial statements. 266 - --------------------------------------------------------------------------------
GLOBAL GLOBAL GLOBAL GLOBAL GLOBAL GROWTH COMMUNICATIONS FINANCIAL SERVICES HEALTH LEADERS TECHNOLOGY ALLOCATION GROWTH FUND FUND FUND FUND FUND FUND* FUND -------------- ------------------ ------------- ------------- ----------- ------------- ------------- $ 40,775 $ 34,450 $ 1,025,536 $ 809,648 $ 62,333 $ 773,023 $ 1,198,413 19 -- -- -- -- -- 4 18 -- -- 327 -- -- -- -- -- -- 4 -- -- -- 511 902 10,191 4,027 1,545 -- 2,846 194 186 4,280 573 71 2,644 1,653 179 145 1,585 1,388 11 648 861 -- -- -- -- -- -- -- -- -- -- -- -- -- -- 48 40 141 181 148 197 170 ----------- ------------- ------------- ------------- ----------- ------------- ------------- 41,744 35,723 1,041,733 816,148 64,108 776,512 1,203,947 ----------- ------------- ------------- ------------- ----------- ------------- ------------- -- -- -- -- -- -- -- -- 23 -- 1,626 298 -- -- -- -- -- -- -- -- -- 5,419 315 141,214 54,383 2,629 -- 29,264 39 917 4,655 4,603 1,020 413 5,585 19 62 541 956 75 1,146 2,217 6 5 130 102 9 17 143 -- -- -- -- -- -- -- 3 3 54 41 6 73 59 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 18 12 193 306 42 136 395 -- -- -- -- -- -- -- ----------- ------------- ------------- ------------- ----------- ------------- ------------- 5,504 1,337 146,787 62,017 4,079 1,785 37,663 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ 36,240 $ 34,386 $ 894,946 $ 754,131 $ 60,029 $ 774,727 $ 1,166,284 =========== ============= ============= ============= =========== ============= ============= $ 30,256 $ 26,512 $ 724,800 $ 586,386 $ 100,150 $ 667,980 $ 1,009,390 5 159 (1,238) (3,354) (353) (7,390) (1,528) 470 2,893 29,605 36,949 (48,553) 56,212 33,226 5,509 4,822 141,779 134,150 8,785 57,925 125,196 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ 36,240 $ 34,386 $ 894,946 $ 754,131 $ 60,029 $ 774,727 $ 1,166,284 =========== ============= ============= ============= =========== ============= ============= 300,000 300,000 500,000 450,000 300,000 500,000 27,000,000 ----------- ------------- ------------- ------------- ----------- ------------- ------------- 0.001 0.001 0.001 0.001 0.001 0.001 0.0001 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $9.10/$9.63 $14.22/$15.05 $18.69/$19.78 $20.10/$21.27 $6.11/$6.47 $13.23/$14.00 $18.23/$19.29 ----------- ------------- ------------- ------------- ----------- ------------- ------------- 2,483 1,655 25,273 21,055 5,448 33,518 34,868 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ 22,601 $ 23,529 $ 472,439 $ 423,247 $ 33,263 $ 443,505 $ 635,567 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ 8.82 $ 13.97 $ 17.61 $ 18.81 $ 5.80 $ 13.16 $ 15.83 ----------- ------------- ------------- ------------- ----------- ------------- ------------- 574 295 4,801 3,825 2,216 9,697 2,521 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ 5,059 $ 4,118 $ 84,540 $ 71,955 $ 12,864 $ 127,580 $ 39,921 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ 8.81 $ 13.93 $ 17.63 $ 18.90 $ 5.78 $ 13.15 $ 15.88 ----------- ------------- ------------- ------------- ----------- ------------- ------------- 830 372 6,952 3,476 2,112 15,438 4,938 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ 7,309 $ 5,183 $ 122,580 $ 65,711 $ 12,218 $ 203,018 $ 78,419 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ -- $ -- $ 18.78 $ -- $ -- $ 13.19 $ 18.27 ----------- ------------- ------------- ------------- ----------- ------------- ------------- -- -- 239 -- -- 45 1,329 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ -- $ -- $ 4,490 $ -- $ -- $ 592 $ 24,281 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ -- $ -- $ -- $ -- $ -- $ -- $ 18.51 ----------- ------------- ------------- ------------- ----------- ------------- ------------- -- -- -- -- -- -- 16,085 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ -- $ -- $ -- $ -- $ -- $ -- $ 297,686 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ -- $ -- $ 19.47 $ 20.97 $ -- $ 13.21 $ 18.69 ----------- ------------- ------------- ------------- ----------- ------------- ------------- -- -- 1 1 -- 1 1 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ -- $ -- $ 22 $ 10 $ -- $ 10 $ 10 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ -- $ -- $ 19.49 $ 20.99 $ -- $ 13.23 $ 18.71 ----------- ------------- ------------- ------------- ----------- ------------- ------------- -- -- 1 1 -- 1 1 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ -- $ -- $ 11 $ 10 $ -- $ 11 $ 10 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ -- $ -- $ 19.51 $ 21.01 $ -- $ 13.24 $ 18.73 ----------- ------------- ------------- ------------- ----------- ------------- ------------- -- -- 1 1 -- 1 1 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ -- $ -- $ 11 $ 11 $ -- $ 11 $ 10 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ 9.28 $ 14.38 $ 19.53 $ 21.03 $ 6.28 $ -- $ 18.74 ----------- ------------- ------------- ------------- ----------- ------------- ------------- 137 108 10,794 9,187 268 -- 4,823 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ 1,271 $ 1,556 $ 210,853 $ 193,187 $ 1,684 $ -- $ 90,380 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ 35,267 $ 29,630 $ 883,748 $ 675,500 $ 53,548 $ 715,098 $ 1,073,215 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ 5,231 $ 302 $ 137,110 $ 52,336 $ 2,524 $ -- $ 28,637 ----------- ------------- ------------- ------------- ----------- ------------- ------------- $ 17 $ -- $ -- $ 329 $ -- $ -- $ -- ----------- ------------- ------------- ------------- ----------- ------------- ------------- GROWTH OPPORTUNITIES FUND ------------- $ 1,597,001 1 -- -- 2,106 2,075 701 -- -- 541 ------------- 1,602,425 ------------- -- -- -- 190,415 11,733 1,141 170 -- 66 -- -- -- 354 -- ------------- 203,879 ------------- $ 1,398,546 ============= $ 1,081,873 3,286 87,643 225,744 ------------- $ 1,398,546 ============= 23,750,000 ------------- 0.0001 ------------- $31.10/$32.91 ------------- 16,612 ------------- $ 516,580 ------------- $ 26.32 ------------- 1,448 ------------- $ 38,107 ------------- $ 26.33 ------------- 2,328 ------------- $ 61,297 ------------- $ 31.16 ------------- 55 ------------- $ 1,707 ------------- $ 31.60 ------------- 21,344 ------------- $ 674,453 ------------- $ 31.90 ------------- 3 ------------- $ 86 ------------- $ 31.93 ------------- -- ------------- $ 11 ------------- $ 31.97 ------------- -- ------------- $ 11 ------------- $ 31.98 ------------- 3,324 ------------- $ 106,294 ------------- $ 1,371,256 ------------- $ 185,526 ------------- $ -- -------------
267 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF ASSETS AND LIABILITIES -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
INCOME HIGH YIELD ALLOCATION FUND FUND* ----------- ------------ ASSETS: Investments in securities, at value; (amortized cost for Money Market)@........................................... $ 341,609 $ 46,316 Cash....................................................... -- -- Foreign currency on deposit with custodian#................ 216 -- Unrealized appreciation in forward foreign currency contracts................................................ -- -- Receivables: Investment securities sold............................... 8,948 -- Fund shares sold......................................... 338 84 Dividends and interest................................... 6,227 213 Variation margin......................................... 65 -- Purchased swap contracts................................. -- -- Other assets............................................... 124 102 ----------- ------------ Total assets................................................ 357,527 46,715 ----------- ------------ LIABILITIES: Unrealized depreciation on forward foreign currency contracts................................................ 75 -- Bank overdraft -- U.S. Dollars............................. -- -- Bank overdraft -- foreign cash............................. -- -- Payable upon return of securities loaned (Note 2d)......... 60,074 -- Payables: Investment securities purchased.......................... 13,985 15 Fund shares redeemed..................................... 324 29 Investment advisory and management fees (Note 3)......... 35 1 Dividends................................................ 333 -- Distribution fees (Note 3)............................... 21 4 Reverse repurchase agreements (Note 2g).................. -- -- Variation margin......................................... -- -- Accrued interest expense................................... -- -- Accrued expenses........................................... 128 8 Written options and swap contracts......................... -- -- ----------- ------------ Total liabilities........................................... 74,975 57 ----------- ------------ Net assets.................................................. $ 282,552 $ 46,658 =========== ============ SUMMARY OF NET ASSETS: Capital stock and paid-in-capital........................... $ 350,893 $ 46,955 Accumulated undistributed (distribution in excess of ) net investment income (loss)................................... (14) 13 Accumulated net realized gain (loss) on investments and foreign currency transactions.............................. (75,361) (586) Unrealized appreciation (depreciation) of investments and the translations of assets and liabilities denominated in foreign currency........................................... 7,034 276 ----------- ------------ Net assets.................................................. $ 282,552 $ 46,658 =========== ============ Shares authorized........................................... 500,000 500,000 ----------- ------------ Par value................................................... 0.001 0.001 ----------- ------------ CLASS A: Net asset value per share/Maximum offering price per share.......................................... $8.23/$8.62 $9.97/$10.44 ----------- ------------ Shares outstanding................................... 24,626 3,293 ----------- ------------ Net assets........................................... $ 202,669 $ 32,829 ----------- ------------ CLASS B: Net asset value per share.......................... $ 8.21 $ 9.97 ----------- ------------ Shares outstanding................................... 4,448 542 ----------- ------------ Net assets........................................... $ 36,538 $ 5,406 ----------- ------------ CLASS C: Net asset value per share.......................... $ 8.22 $ 9.96 ----------- ------------ Shares outstanding................................... 4,755 787 ----------- ------------ Net assets........................................... $ 39,084 $ 7,847 ----------- ------------ CLASS I: Net asset value per share/Maximum offering price per share.......................................... $ -- $ 9.97 ----------- ------------ Shares outstanding................................... -- 55 ----------- ------------ Net assets........................................... $ -- $ 546 ----------- ------------ CLASS L: Net asset value per share.......................... $ -- $ -- ----------- ------------ Shares outstanding................................... -- -- ----------- ------------ Net assets........................................... $ -- $ -- ----------- ------------ CLASS R3: Net asset value per share......................... $ 8.24 $ 9.97 ----------- ------------ Shares outstanding................................... 1 1 ----------- ------------ Net assets........................................... $ 10 $ 10 ----------- ------------ CLASS R4: Net asset value per share......................... $ 8.24 $ 9.97 ----------- ------------ Shares outstanding................................... 1 1 ----------- ------------ Net assets........................................... $ 10 $ 10 ----------- ------------ CLASS R5: Net asset value per share......................... $ 8.24 $ 9.97 ----------- ------------ Shares outstanding................................... 1 1 ----------- ------------ Net assets........................................... $ 10 $ 10 ----------- ------------ CLASS Y: Net asset value per share.......................... $ 8.23 $ -- ----------- ------------ Shares outstanding................................... 514 -- ----------- ------------ Net assets........................................... $ 4,231 $ -- ----------- ------------ @ Cost of securities........................................ $ 334,568 $ 46,040 ----------- ------------ @ Market value of securities on loan........................ $ 58,848 $ -- ----------- ------------ # Cost of foreign currency on deposit with custodian....... $ 206 $ -- ----------- ------------
* Relates to investments in affiliated investment companies. ** Investments in repurchase agreements were $28,831 The accompanying notes are an integral part of these financial statements. 268 - --------------------------------------------------------------------------------
INTERNATIONAL INTERNATIONAL INTERNATIONAL INCOME INFLATION PLUS CAPITAL APPRECIATION OPPORTUNITIES SMALL COMPANY LARGECAP MIDCAP FUND FUND FUND FUND FUND GROWTH FUND FUND ------------- -------------- -------------------- ------------- -------------- ------------- ------------- $ 302,584** $ 615,517 $ 471,410 $ 445,725 $ 354,652 $ 10,896 $ 3,827,763 -- 80 -- -- 373 -- -- -- -- 18 1,754 -- -- -- -- -- 22 14 2 -- 30 -- -- 10,407 4,789 565 -- 19,117 1,383 165 1,681 326 1,727 -- 2,507 2,480 3,259 1,032 1,217 810 2 1,572 214 -- -- -- -- -- -- 28 -- -- -- -- -- -- 68 180 126 126 80 50 152 ------------- ------------- ------------- ------------- ------------- ------------- ------------- 306,757 619,201 484,696 453,951 358,209 10,948 3,851,142 ------------- ------------- ------------- ------------- ------------- ------------- ------------- -- -- 7 8 6 -- 2 19 -- 151 28 -- -- -- -- -- -- -- 37 -- -- 48,182 -- 45,338 91,767 71,323 -- 578,097 13,976 1,000 8,612 5,042 4,131 -- 33,403 104 1,444 373 413 400 -- 5,047 21 55 64 50 42 1 394 54 522 -- -- -- -- -- 6 50 29 18 12 1 251 -- 45,542 -- -- -- -- -- 103 49 -- -- -- -- -- -- 7 -- -- -- -- -- 10 270 123 86 50 1 927 13 -- -- -- -- -- -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- 62,488 48,939 54,697 97,412 76,001 3 618,121 ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 244,269 $ 570,262 $ 429,999 $ 356,539 $ 282,208 $ 10,945 $ 3,233,021 ============= ============= ============= ============= ============= ============= ============= $ 243,106 $ 591,017 $ 340,623 $ 286,642 $ 227,860 $ 10,422 $ 2,439,637 55 2,086 (817) 48 180 (17) 10,752 55 (21,781) 43,659 30,059 24,596 38 143,030 1,053 (1,060) 46,534 39,790 29,572 502 639,602 ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 244,269 $ 570,262 $ 429,999 $ 356,539 $ 282,208 $ 10,945 $ 3,233,021 ============= ============= ============= ============= ============= ============= ============= 300,000 600,000 500,000 450,000 350,000 800,000 460,000 ------------- ------------- ------------- ------------- ------------- ------------- ------------- 0.001 0.001 0.001 0.001 0.001 0.001 0.001 ------------- ------------- ------------- ------------- ------------- ------------- ------------- $10.40/$10.89 $10.53/$11.03 $15.37/$16.26 $17.92/$18.96 $16.59/$17.56 $10.51/$11.12 $24.57/$26.00 ------------- ------------- ------------- ------------- ------------- ------------- ------------- 7,705 19,779 21,246 10,910 7,307 956 83,977 ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 80,164 $ 208,339 $ 326,590 $ 195,474 $ 121,245 $ 10,057 $ 2,063,334 ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 10.40 $ 10.52 $ 14.75 $ 16.79 $ 16.07 $ 10.49 $ 22.23 ------------- ------------- ------------- ------------- ------------- ------------- ------------- 865 7,301 2,822 1,949 1,064 30 21,027 ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 8,995 $ 76,791 $ 41,624 $ 32,720 $ 17,090 $ 313 $ 467,387 ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 10.42 $ 10.51 $ 14.75 $ 16.64 $ 15.89 $ 10.49 $ 22.37 ------------- ------------- ------------- ------------- ------------- ------------- ------------- 1,188 16,910 3,567 1,479 1,752 45 23,247 ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 12,387 $ 177,725 $ 52,612 $ 24,601 $ 27,835 $ 470 $ 520,128 ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ 10.55 $ 15.24 $ -- $ -- $ -- $ -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- -- 20 10 -- -- -- -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ 212 $ 156 $ -- $ -- $ -- $ -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ -- $ -- $ -- $ -- $ -- $ -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- -- -- -- -- -- -- -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ -- $ -- $ -- $ -- $ -- $ -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ 10.54 $ 15.65 $ 18.38 $ -- $ -- $ -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- -- 1 1 1 -- -- -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ 10 $ 11 $ 23 $ -- $ -- $ -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ 10.55 $ 15.67 $ 18.40 $ -- $ -- $ -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- -- 1 1 1 -- -- -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ 10 $ 11 $ 11 $ -- $ -- $ -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ 10.55 $ 15.68 $ 18.42 $ -- $ -- $ -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- -- 1 1 1 -- -- -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ 10 $ 11 $ 11 $ -- $ -- $ -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 10.39 $ 10.56 $ 15.70 $ 18.44 $ 16.80 $ 10.53 $ 26.21 ------------- ------------- ------------- ------------- ------------- ------------- ------------- 13,734 10,150 572 5,625 6,906 10 6,950 ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 142,723 $ 107,165 $ 8,984 $ 103,699 $ 116,038 $ 105 $ 182,172 ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 301,616 $ 616,542 $ 424,874 $ 405,944 $ 325,081 $ 10,394 $ 3,188,178 ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ 47,203 $ -- $ 43,219 $ 87,448 $ 67,500 $ -- $ 559,838 ------------- ------------- ------------- ------------- ------------- ------------- ------------- $ -- $ -- $ 18 $ 1,755 $ -- $ -- $ -- ------------- ------------- ------------- ------------- ------------- ------------- ------------- MIDCAP GROWTH FUND ------------- $ 18,951 -- -- -- 27 1 28 -- -- 31 ------------- 19,038 ------------- -- -- -- -- -- 1 3 -- 1 -- -- -- 3 -- ------------- 8 ------------- $ 19,030 ============= $ 16,063 (17) 2,600 384 ------------- $ 19,030 ============= 800,000 ------------- 0.001 ------------- $12.56/$13.29 ------------- 1,311 ------------- $ 16,471 ------------- $ 12.51 ------------- 64 ------------- $ 805 ------------- $ 12.49 ------------- 130 ------------- $ 1,627 ------------- $ -- ------------- -- ------------- $ -- ------------- $ -- ------------- -- ------------- $ -- ------------- $ -- ------------- -- ------------- $ -- ------------- $ -- ------------- -- ------------- $ -- ------------- $ -- ------------- -- ------------- $ -- ------------- $ 12.57 ------------- 10 ------------- $ 127 ------------- $ 18,567 ------------- $ -- ------------- $ -- -------------
269 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF ASSETS AND LIABILITIES -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MIDCAP VALUE MONEY MARKET FUND FUND -------------- ------------ ASSETS: Investments in securities, at value; (amortized cost for Money Market)@........................................... $ 533,299 $ 281,124 Cash....................................................... 1 208 Foreign currency on deposit with custodian#................ -- -- Unrealized appreciation in forward foreign currency contracts................................................ -- -- Receivables: Investment securities sold............................... 3,129 -- Fund shares sold......................................... 60 1,161 Dividends and interest................................... 317 419 Variation margin......................................... -- -- Purchased swap contracts................................... -- -- Other assets............................................... 67 171 ------------- ----------- Total assets................................................ 536,873 283,083 ------------- ----------- LIABILITIES: Unrealized depreciation on forward foreign currency contracts................................................ -- -- Bank overdraft -- U.S. Dollars............................. -- -- Bank overdraft -- foreign cash............................. -- -- Payable upon return of securities loaned (Note 2d)......... 68,413 -- Payables: Investment securities purchased.......................... 940 -- Fund shares redeemed..................................... 767 1,468 Investment advisory and management fees (Note 3)......... 66 23 Dividends................................................ -- 43 Distribution fees (Note 3)............................... 36 16 Reverse repurchase agreements (Note 2g).................. -- -- Variation margin......................................... -- -- Accrued interest expense................................... -- -- Accrued expenses........................................... 175 109 Written options and swap contracts......................... -- -- ------------- ----------- Total liabilities........................................... 70,397 1,659 ------------- ----------- Net assets.................................................. $ 466,476 $ 281,424 ============= =========== SUMMARY OF NET ASSETS: Capital stock and paid-in-capital........................... $ 329,514 $ 281,424 Accumulated undistributed (distribution in excess of) net investment income (loss)................................... (275) -- Accumulated net realized gain (loss) on investments and foreign currency transactions.............................. 36,427 -- Unrealized appreciation (depreciation) of investments and the translations of assets and liabilities denominated in foreign currency........................................... 100,810 -- ------------- ----------- Net assets.................................................. $ 466,476 $ 281,424 ============= =========== Shares authorized........................................... 300,000 2,850,000 ------------- ----------- Par value................................................... 0.001 0.001 ------------- ----------- CLASS A: Net asset value per share/Maximum offering price per share.......................................... $14.69/$15.54 $1.00/$1.00 ------------- ----------- Shares outstanding................................... 22,546 236,499 ------------- ----------- Net assets........................................... $ 331,213 $ 236,499 ------------- ----------- CLASS B: Net asset value per share.......................... $ 13.90 $ 1.00 ------------- ----------- Shares outstanding................................... 4,753 24,995 ------------- ----------- Net assets........................................... $ 66,052 $ 24,995 ------------- ----------- CLASS C: Net asset value per share.......................... $ 13.91 $ 1.00 ------------- ----------- Shares outstanding................................... 4,873 15,314 ------------- ----------- Net assets........................................... $ 67,763 $ 15,314 ------------- ----------- CLASS I: Net asset value per share/Maximum offering price per share.......................................... $ -- $ -- ------------- ----------- Shares outstanding................................... -- -- ------------- ----------- Net assets........................................... $ -- $ -- ------------- ----------- CLASS L: Net asset value per share.......................... $ -- $ -- ------------- ----------- Shares outstanding................................... -- -- ------------- ----------- Net assets........................................... $ -- $ -- ------------- ----------- CLASS R3: Net asset value per share......................... $ -- $ 1.00 ------------- ----------- Shares outstanding................................... -- 10 ------------- ----------- Net assets........................................... $ -- $ 10 ------------- ----------- CLASS R4: Net asset value per share......................... $ -- $ 1.00 ------------- ----------- Shares outstanding................................... -- 10 ------------- ----------- Net assets........................................... $ -- $ 10 ------------- ----------- CLASS R5: Net asset value per share......................... $ -- $ 1.00 ------------- ----------- Shares outstanding................................... -- 10 ------------- ----------- Net assets........................................... $ -- $ 10 ------------- ----------- CLASS Y: Net asset value per share.......................... $ 15.24 $ 1.00 ------------- ----------- Shares outstanding................................... 95 4,586 ------------- ----------- Net assets........................................... $ 1,448 $ 4,586 ------------- ----------- @ Cost of securities........................................ $ 432,490 $ 281,124 ------------- ----------- @ Market value of securities on loan........................ $ 66,333 $ -- ------------- ----------- # Cost of foreign currency on deposit with custodian........ $ -- $ -- ------------- -----------
* Relates to investments in affiliated investment companies. The accompanying notes are an integral part of these financial statements. 270 - --------------------------------------------------------------------------------
RETIREMENT SELECT MIDCAP SELECT MIDCAP SELECT SMALLCAP SHORT DURATION SMALL COMPANY SMALLCAP INCOME FUND* GROWTH FUND VALUE FUND VALUE FUND FUND FUND GROWTH FUND ------------- -------------- -------------- --------------- -------------- -------------- -------------- $ 1,505 $ 34,013 $ 66,964 $ 104,681 $ 190,603 $ 580,196 $ 572,426 -- 1 1 170 5 -- 1 -- -- -- -- -- -- -- -- -- -- -- -- 1 -- -- -- 813 2,824 -- 7,769 4,722 5 74 447 7 303 1,452 947 5 3 13 71 1,295 119 77 -- -- -- -- -- -- -- -- -- -- -- -- -- -- 56 50 53 41 49 171 456 ------------ ------------- ------------- ------------- ------------ ------------- ------------- 1,571 34,141 68,291 107,794 192,255 589,708 578,629 ------------ ------------- ------------- ------------- ------------ ------------- ------------- -- -- -- -- -- 2 -- -- -- -- -- -- 420 -- -- -- -- -- -- -- -- -- 6,136 5,918 -- -- 76,473 84,840 -- -- 1,339 2,849 -- 3,537 6,940 -- 36 75 -- 1,134 620 672 -- 3 8 18 17 70 64 -- -- -- -- 35 -- -- -- 2 4 1 4 28 25 -- -- -- -- -- -- -- -- -- -- 22 -- -- 24 -- -- -- -- -- -- -- 5 20 29 3 25 119 232 -- -- -- -- -- -- -- ------------ ------------- ------------- ------------- ------------ ------------- ------------- 5 6,197 7,373 2,893 1,215 81,269 92,797 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ 1,566 $ 27,944 $ 60,918 $ 104,901 $ 191,040 $ 508,439 $ 485,832 ============ ============= ============= ============= ============ ============= ============= $ 1,514 $ 22,852 $ 48,026 $ 95,848 $ 193,847 $ 419,289 $ 423,856 (4) (92) 70 234 2 (497) (328) 21 3,240 8,673 3,717 (2,366) 44,428 13,221 35 1,944 4,149 5,102 (443) 45,219 49,083 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ 1,566 $ 27,944 $ 60,918 $ 104,901 $ 191,040 $ 508,439 $ 485,832 ============ ============= ============= ============= ============ ============= ============= 950,000 800,000 800,000 800,000 300,000 500,000 27,000,000 ------------ ------------- ------------- ------------- ------------ ------------- ------------- 0.001 0.001 0.001 0.001 0.001 0.001 0.0001 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $9.87/$10.44 $12.16/$12.87 $13.39/$14.17 $11.85/$12.54 $9.90/$10.21 $22.38/$23.68 $33.64/$35.60 ------------ ------------- ------------- ------------- ------------ ------------- ------------- 104 1,603 3,180 1,533 2,703 10,768 8,149 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ 1,029 $ 19,479 $ 42,587 $ 18,161 $ 26,757 $ 240,942 $ 274,106 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ 9.88 $ 11.97 $ 13.20 $ 11.77 $ 9.90 $ 20.48 $ 30.09 ------------ ------------- ------------- ------------- ------------ ------------- ------------- 21 335 350 36 613 2,609 634 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ 205 $ 4,015 $ 4,624 $ 430 $ 6,068 $ 53,426 $ 19,082 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ 9.89 $ 11.94 $ 13.20 $ 11.78 $ 9.90 $ 20.50 $ 30.02 ------------ ------------- ------------- ------------- ------------ ------------- ------------- 18 364 677 37 1,244 2,725 866 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ 182 $ 4,340 $ 8,940 $ 436 $ 12,318 $ 55,852 $ 25,992 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ -- $ -- $ -- $ -- $ -- $ 22.43 $ 33.68 ------------ ------------- ------------- ------------- ------------ ------------- ------------- -- -- -- -- -- 43 81 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ -- $ -- $ -- $ -- $ -- $ 954 $ 2,730 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ -- $ -- $ -- $ -- $ -- $ -- $ 33.80 ------------ ------------- ------------- ------------- ------------ ------------- ------------- -- -- -- -- -- -- 4,389 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ -- $ -- $ -- $ -- $ -- $ -- $ 148,333 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ 9.88 $ -- $ -- $ -- $ -- $ 23.67 $ 34.28 ------------ ------------- ------------- ------------- ------------ ------------- ------------- 1 -- -- -- -- 2 -- ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ 10 $ -- $ -- $ -- $ -- $ 47 $ 11 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ 9.88 $ -- $ -- $ -- $ -- $ 23.69 $ 34.32 ------------ ------------- ------------- ------------- ------------ ------------- ------------- 1 -- -- -- -- -- -- ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ 10 $ -- $ -- $ -- $ -- $ 11 $ 11 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ 9.88 $ -- $ -- $ -- $ -- $ 23.72 $ 34.35 ------------ ------------- ------------- ------------- ------------ ------------- ------------- 1 -- -- -- -- -- -- ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ 10 $ -- $ -- $ -- $ -- $ 11 $ 11 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ 9.88 $ 12.27 $ 13.41 $ 11.84 $ 9.89 $ 23.73 $ 34.36 ------------ ------------- ------------- ------------- ------------ ------------- ------------- 12 9 356 7,252 14,757 6,624 453 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ 120 $ 110 $ 4,767 $ 85,874 $ 145,897 $ 157,196 $ 15,556 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ 1,470 $ 32,069 $ 62,815 $ 99,595 $ 191,046 $ 534,976 $ 523,319 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ -- $ 6,000 $ 5,778 $ -- $ -- $ 73,463 $ 80,880 ------------ ------------- ------------- ------------- ------------ ------------- ------------- $ -- $ -- $ -- $ -- $ -- $ -- $ -- ------------ ------------- ------------- ------------- ------------ ------------- ------------- STOCK FUND ------------- $ 1,236,614 44 -- 15 16,962 257 1,350 -- -- 208 ------------- 1,255,450 ------------- -- -- -- 58,397 16,915 2,638 144 -- 88 -- -- -- 625 -- ------------- 78,807 ------------- $ 1,176,643 ============= $ 1,318,956 945 (233,622) 90,364 ------------- $ 1,176,643 ============= 450,000 ------------- 0.001 ------------- $22.96/$24.30 ------------- 30,073 ------------- $ 690,516 ------------- $ 21.38 ------------- 9,307 ------------- $ 198,998 ------------- $ 21.56 ------------- 7,227 ------------- $ 155,777 ------------- $ -- ------------- -- ------------- $ -- ------------- $ -- ------------- -- ------------- $ -- ------------- $ 23.86 ------------- -- ------------- $ 10 ------------- $ 23.89 ------------- 2 ------------- $ 42 ------------- $ 23.91 ------------- -- ------------- $ 11 ------------- $ 23.92 ------------- 5,489 ------------- $ 131,289 ------------- $ 1,146,250 ------------- $ 56,566 ------------- $ -- -------------
271 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF ASSETS AND LIABILITIES -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
TARGET TARGET RETIREMENT 2010 RETIREMENT 2020 FUND* FUND* --------------- --------------- ASSETS: Investments in securities, at value; (amortized cost for Money Market) @.......................................... $ 7,469 $ 11,047 Cash....................................................... -- -- Foreign currency on deposit with custodian#................ -- -- Unrealized appreciation in forward foreign currency contracts................................................ -- -- Receivables: Investment securities sold............................... -- -- Fund shares sold......................................... 1 34 Dividends and interest................................... 15 15 Variation margin......................................... -- -- Purchased swap contracts................................... -- -- Other assets............................................... 58 59 ------------- ------------- Total assets................................................ 7,543 11,155 ------------- ------------- LIABILITIES: Unrealized depreciation on forward foreign currency contracts................................................ -- -- Bank overdraft -- U.S. Dollars............................. -- -- Bank overdraft -- foreign cash............................. -- -- Payable upon return of securities loaned (Note 2d)......... -- -- Payables: Investment securities purchased.......................... 1 23 Fund shares redeemed..................................... -- 9 Investment advisory and management fees (Note 3)......... -- -- Dividends................................................ -- -- Distribution fees (Note 3)............................... -- -- Reverse repurchase agreements (Note 2g).................. -- -- Variation margin......................................... -- -- Accrued interest expense................................... -- -- Accrued expenses........................................... 8 9 Written options and swap contracts......................... -- -- ------------- ------------- Total liabilities........................................... 9 41 ------------- ------------- Net assets.................................................. $ 7,534 $ 11,114 ============= ============= SUMMARY OF NET ASSETS: Capital stock and paid-in-capital........................... $ 7,290 $ 10,684 Accumulated undistributed (distribution in excess of ) net investment income (loss)................................... (3) (9) Accumulated net realized gain (loss) on investments and foreign currency transactions.............................. 88 134 Unrealized appreciation (depreciation) of investments and the translations of assets and liabilities denominated in foreign currency........................................... 159 305 ------------- ------------- Net assets.................................................. $ 7,534 $ 11,114 ============= ============= Shares authorized........................................... 950,000 950,000 ------------- ------------- Par value................................................... 0.001 0.001 ------------- ------------- CLASS A: Net asset value per share/Maximum offering price per share............................................ $10.11/$10.70 $11.03/$11.67 ------------- ------------- Shares outstanding................................... 630 917 ------------- ------------- Net assets........................................... $ 6,364 $ 10,110 ------------- ------------- CLASS B: Net asset value per share.......................... $ 10.10 $ 11.04 ------------- ------------- Shares outstanding................................... 44 42 ------------- ------------- Net assets........................................... $ 449 $ 467 ------------- ------------- CLASS C: Net asset value per share.......................... $ 10.09 $ 11.02 ------------- ------------- Shares outstanding................................... 54 45 ------------- ------------- Net assets........................................... $ 547 $ 495 ------------- ------------- CLASS I: Net asset value per share/Maximum offering price per share............................................ $ -- $ -- ------------- ------------- Shares outstanding................................... -- -- ------------- ------------- Net assets........................................... $ -- $ -- ------------- ------------- CLASS L: Net asset value per share.......................... $ -- $ -- ------------- ------------- Shares outstanding................................... -- -- ------------- ------------- Net assets........................................... $ -- $ -- ------------- ------------- CLASS R3: Net asset value per share......................... $ 10.11 $ 11.02 ------------- ------------- Shares outstanding................................... 1 1 ------------- ------------- Net assets........................................... $ 10 $ 10 ------------- ------------- CLASS R4: Net asset value per share......................... $ 10.11 $ 11.02 ------------- ------------- Shares outstanding................................... 1 1 ------------- ------------- Net assets........................................... $ 10 $ 10 ------------- ------------- CLASS R5: Net asset value per share......................... $ 10.12 $ 11.03 ------------- ------------- Shares outstanding................................... 1 1 ------------- ------------- Net assets........................................... $ 10 $ 10 ------------- ------------- CLASS Y: Net asset value per share.......................... $ 10.11 $ 11.03 ------------- ------------- Shares outstanding................................... 14 1 ------------- ------------- Net assets........................................... $ 144 $ 12 ------------- ------------- @ Cost of securities........................................ $ 7,310 $ 10,742 ------------- ------------- @ Market value of securities on loan........................ $ -- $ -- ------------- ------------- # Cost of foreign currency on deposit with custodian....... $ -- $ -- ------------- -------------
* Relates to investments in affiliated investment companies. ** Investments in repurchase agreements were $140,594. The accompanying notes are an integral part of these financial statements. 272 - --------------------------------------------------------------------------------
TARGET TAX-FREE TAX-FREE TAX-FREE TAX-FREE TOTAL U.S. GOVERNMENT RETIREMENT 2030 CALIFORNIA MINNESOTA NATIONAL NEW YORK RETURN BOND SECURITIES FUND* FUND FUND FUND FUND FUND FUND --------------- ------------- ------------- ------------- ------------- ------------- --------------- $ 8,975 $ 34,201 $ 36,560 $ 165,282 $ 15,864 $ 1,385,382** $ 196,601 -- -- -- 14 -- -- 8 -- -- -- -- -- 58 -- -- -- -- -- -- -- -- 4 -- -- -- -- 10,496 2 19 1,024 11 1,744 12 3,626 70 7 377 541 2,300 265 7,860 1,453 -- -- -- -- -- 713 128 -- -- -- -- -- 46 -- 59 14 19 104 13 232 84 ------------- ------------- ------------- ------------- ------------- ------------- ----------- 9,064 35,616 37,131 169,444 16,154 1,408,413 198,346 ------------- ------------- ------------- ------------- ------------- ------------- ----------- -- -- -- -- -- -- -- -- -- -- -- -- 21 -- -- -- -- -- -- -- -- -- -- -- -- -- 147,912 9,748 -- 1,091 -- 2,466 -- 235,722 -- 10 48 3 434 -- 1,151 207 -- 3 4 20 1 89 17 -- 13 24 124 2 151 144 -- 2 1 9 1 48 7 -- -- -- -- -- -- -- -- -- -- -- -- 530 40 -- -- -- -- -- -- -- 6 2 5 19 5 200 54 -- -- -- -- -- 81 -- ------------- ------------- ------------- ------------- ------------- ------------- ----------- 16 1,159 37 3,072 9 385,905 10,217 ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ 9,048 $ 34,457 $ 37,094 $ 166,372 $ 16,145 $ 1,022,508 $ 188,129 ============= ============= ============= ============= ============= ============= =========== $ 8,577 $ 33,598 $ 35,765 $ 160,653 $ 15,615 $ 1,023,770 $ 205,287 (17) 2 10 24 1 1,039 37 150 (13) 70 200 9 (3,498) (18,954) 338 870 1,249 5,495 520 1,197 1,759 ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ 9,048 $ 34,457 $ 37,094 $ 166,372 $ 16,145 $ 1,022,508 $ 188,129 ============= ============= ============= ============= ============= ============= =========== 950,000 300,000 19,250,000 19,300,000 300,000 500,000 19,250,000 ------------- ------------- ------------- ------------- ------------- ------------- ----------- 0.001 0.001 0.0001 0.0001 0.001 0.001 0.0001 ------------- ------------- ------------- ------------- ------------- ------------- ----------- $10.05/$10.63 $10.53/$11.03 $10.20/$10.68 $11.26/$11.79 $10.43/$10.92 $10.65/$11.15 $9.22/$9.65 ------------- ------------- ------------- ------------- ------------- ------------- ----------- 832 2,663 904 9,042 1,109 49,606 5,055 ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ 8,355 $ 28,037 $ 9,221 $ 101,846 $ 11,567 $ 528,124 $ 46,593 ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ 10.06 $ 10.52 $ 10.22 $ 11.18 $ 10.43 $ 10.59 $ 9.18 ------------- ------------- ------------- ------------- ------------- ------------- ----------- 35 184 77 681 176 7,841 1,668 ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ 355 $ 1,935 $ 786 $ 7,618 $ 1,841 $ 83,043 $ 15,307 ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ 10.07 $ 10.54 $ 10.23 $ 11.21 $ 10.43 $ 10.66 $ 9.18 ------------- ------------- ------------- ------------- ------------- ------------- ----------- 27 425 68 1,794 262 7,530 972 ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ 272 $ 4,485 $ 697 $ 20,122 $ 2,737 $ 80,295 $ 8,922 ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ -- $ -- $ -- $ -- $ -- $ 10.65 $ -- ------------- ------------- ------------- ------------- ------------- ------------- ----------- -- -- -- -- -- 174 -- ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ -- $ -- $ -- $ -- $ -- $ 1,848 $ -- ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ -- $ -- $ 10.24 $ 11.23 $ -- $ -- $ 9.21 ------------- ------------- ------------- ------------- ------------- ------------- ----------- -- -- 329 804 -- -- 3,622 ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ -- $ -- $ 3,365 $ 9,032 $ -- $ -- $ 33,343 ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ 10.03 $ -- $ -- $ -- $ -- $ 10.76 $ -- ------------- ------------- ------------- ------------- ------------- ------------- ----------- 1 -- -- -- -- 1 -- ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ 10 $ -- $ -- $ -- $ -- $ 10 $ -- ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ 10.04 $ -- $ -- $ -- $ -- $ 10.76 $ -- ------------- ------------- ------------- ------------- ------------- ------------- ----------- 1 -- -- -- -- 1 -- ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ 10 $ -- $ -- $ -- $ -- $ 10 $ -- ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ 10.05 $ -- $ -- $ -- $ -- $ 10.76 $ -- ------------- ------------- ------------- ------------- ------------- ------------- ----------- 1 -- -- -- -- 1 -- ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ 11 $ -- $ -- $ -- $ -- $ 10 $ -- ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ 10.06 $ -- $ 10.20 $ 11.24 $ -- $ 10.77 $ 9.23 ------------- ------------- ------------- ------------- ------------- ------------- ----------- 3 -- 2,257 2,469 -- 30,569 9,095 ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ 35 $ -- $ 23,025 $ 27,754 $ -- $ 329,168 $ 83,964 ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ 8,637 $ 33,331 $ 35,311 $ 159,787 $ 15,344 $ 1,384,075 $ 194,845 ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ -- $ -- $ -- $ -- $ -- $ 144,906 $ 9,548 ------------- ------------- ------------- ------------- ------------- ------------- ----------- $ -- $ -- $ -- $ -- $ -- $ 56 $ -- ------------- ------------- ------------- ------------- ------------- ------------- ----------- VALUE VALUE OPPORTUNITIES FUND FUND ------------- ------------- $ 417,658 $ 249,547 1 90 -- -- -- -- 2,063 1,745 138 705 390 431 -- -- -- -- 91 156 ------------- ------------- 420,341 252,674 ------------- ------------- -- -- -- -- -- 45 27,641 12,097 -- 1,328 187 261 52 35 -- -- 8 16 -- -- -- -- -- -- 34 80 -- -- ------------- ------------- 27,922 13,862 ------------- ------------- $ 392,419 $ 238,812 ============= ============= $ 331,306 $ 178,548 1,477 554 4,476 24,839 55,160 34,871 ------------- ------------- $ 392,419 $ 238,812 ============= ============= 500,000 27,000,000 ------------- ------------- 0.001 0.000 ------------- ------------- $13.36/$14.14 $18.60/$19.68 ------------- ------------- 6,552 7,571 ------------- ------------- $ 87,549 $ 140,813 ------------- ------------- $ 13.08 $ 17.14 ------------- ------------- 1,005 1,248 ------------- ------------- $ 13,144 $ 21,404 ------------- ------------- $ 13.08 $ 17.10 ------------- ------------- 1,076 1,610 ------------- ------------- $ 14,085 $ 27,537 ------------- ------------- $ -- $ 18.45 ------------- ------------- -- 49 ------------- ------------- $ -- $ 906 ------------- ------------- $ -- $ 18.65 ------------- ------------- -- 2,571 ------------- ------------- $ -- $ 47,948 ------------- ------------- $ 13.26 $ 18.95 ------------- ------------- 1 1 ------------- ------------- $ 11 $ 11 ------------- ------------- $ 13.27 $ 18.97 ------------- ------------- 1 1 ------------- ------------- $ 11 $ 11 ------------- ------------- $ 13.29 $ 18.99 ------------- ------------- 1 1 ------------- ------------- $ 11 $ 11 ------------- ------------- $ 13.30 $ 19.07 ------------- ------------- 20,876 9 ------------- ------------- $ 277,608 $ 171 ------------- ------------- $ 362,498 $ 214,684 ------------- ------------- $ 26,561 $ 11,299 ------------- ------------- $ -- $ -- ------------- -------------
273 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF OPERATIONS FOR THE SIX MONTH PERIOD ENDED APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
BALANCED ALLOCATION ADVISERS FUND FUND* ------------- ---------- INVESTMENT INCOME: Dividends................................................. $ 8,763 $11,276 Interest.................................................. 13,369 -- Securities lending........................................ 126 -- Less: Foreign tax withheld................................ (142) -- -------- ------- Total investment income, net............................ 22,116 11,276 -------- ------- EXPENSES: Investment management and advisory fees................... 5,143 518 Transfer agent fees....................................... 1,780 421 Distribution fees Class A................................................. 1,371 612 Class B................................................. 1,586 573 Class C................................................. 1,074 919 Class Hn................................................ -- -- Class L................................................. -- -- Class Mn................................................ -- -- Class Nn................................................ -- -- Class R3................................................ -- -- Class R4................................................ -- -- Custodian fees............................................ 12 -- Accounting services....................................... 124 39 Registration and filing fees.............................. 57 57 Board of Directors' fees.................................. 16 4 Interest expense.......................................... -- -- Other expenses............................................ 463 134 -------- ------- Total expenses (before waivers and fees paid indirectly)............................................ 11,626 3,277 Expense waivers........................................... (412) (21) Transfer agent fee waivers................................ -- -- Commission recapture...................................... (25) -- Custodian fee offset...................................... (4) -- -------- ------- Total waivers and fees paid indirectly.................... (441) (21) -------- ------- Total expenses, net..................................... 11,185 3,256 -------- ------- Net investment income (loss).............................. 10,931 8,020 -------- ------- NET REALIZED GAIN (LOSS) ON INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTIONS: Capital gain distribution received from underlying affiliated funds........................................ -- 25,242 Net realized gain (loss) on investments................... 92,879 23,765 Net realized gain (loss) on futures, written options and swap contracts.......................................... -- -- Net realized gain (loss) on foreign currency transactions............................................ 42 -- -------- ------- NET REALIZED GAIN (LOSS) ON INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTION:...... 92,921 49,007 -------- ------- NET CHANGES IN UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTIONS: Net unrealized appreciation (depreciation) of investments............................................. 10,443 (1,226) Net unrealized appreciation (depreciation) of futures, written options and swap contracts...................... -- -- Net unrealized appreciation (depreciation) on translation of other assets and liabilities in foreign currencies... (19) -- -------- ------- NET CHANGES IN UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTIONS............................. 10,424 (1,226) -------- ------- NET GAIN (LOSS) ON INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTION:............... 103,345 47,781 -------- ------- PAYMENT FROM AFFILIATE (SEE NOTE 3G ON ACCOMPANYING NOTES TO FINANCIAL STATEMENTS)..................................... 1,265 -- -------- ------- NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS................................................ $115,541 $55,801 ======== =======
* Relates to investments in affiliated investment companies. + Formally known as Aggressive Growth Allocation Fund. n Classes H, M and N were merged into Class L on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details. @ Realized gains on written options were $1,212 for the Capital Appreciation Fund and $7 for the Disciplined Equity Fund. The accompanying notes are an integral part of these financial statements. 274 - --------------------------------------------------------------------------------
BALANCED CAPITAL CAPITAL CONSERVATIVE DISCIPLINED EQUITY GROWTH EQUITY INCOME APPRECIATION APPRECIATION II ALLOCATION EQUITY DIVIDEND AND ALLOCATION INCOME FUND FUND FUND FUND* FUND GROWTH FUND FUND*+ FUND -------- ------------ --------------- ------------ ----------- ------------ ------------- ------- $ 131 $ 113,186 $ 3,371 $2,843 $ 3,161 $ 41,588 $ 1,431 $11,902 301 22,345 775 -- 38 2,873 -- 585 -- 560 23 -- 3 653 -- 2 -- (3,976) (136) -- -- (321) -- -- ------- ---------- ------- ------ ------- -------- ------- ------- 432 132,115 4,033 2,843 3,202 44,793 1,431 12,489 ------- ---------- ------- ------ ------- -------- ------- ------- 67 51,911 2,580 123 1,379 11,282 168 3,103 4 12,170 453 76 369 3,011 236 544 21 12,533 410 124 231 3,467 163 736 3 9,567 208 109 173 1,868 183 233 5 16,219 729 209 141 1,649 283 326 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 3 241 14 -- 2 2 -- 1 1 1,187 40 8 26 270 11 61 20 344 54 33 27 110 36 59 -- 92 1 1 3 24 1 4 -- -- -- -- -- -- -- -- 9 2,767 51 36 93 690 46 127 ------- ---------- ------- ------ ------- -------- ------- ------- 133 107,031 4,540 719 2,444 22,373 1,127 5,194 (12) -- -- (30) (49) -- (68) (408) -- -- (3) -- (14) -- -- -- -- (322) (16) -- (4) (31) -- (10) -- (23) (2) -- -- (3) -- (1) ------- ---------- ------- ------ ------- -------- ------- ------- (12) (345) (21) (30) (67) (34) (68) (419) ------- ---------- ------- ------ ------- -------- ------- ------- 121 106,686 4,519 689 2,377 22,339 1,059 4,775 ------- ---------- ------- ------ ------- -------- ------- ------- 311 25,429 (486) 2,154 825 22,454 372 7,714 ------- ---------- ------- ------ ------- -------- ------- ------- -- -- -- 2,853 -- -- 10,946 -- 121 867,777 25,367 3,976 26,058 82,572 8,974 10,701 (11) 1,212@ -- -- 7@ -- -- -- -- (1,611) (31) -- -- -- -- -- ------- ---------- ------- ------ ------- -------- ------- ------- 110 867,378 25,336 6,829 26,065 82,572 19,920 10,701 ------- ---------- ------- ------ ------- -------- ------- ------- 791 286,562 39,996 (356) 4,403 247,298 2,149 62,713 1 -- -- -- 34 -- -- -- 1 (30,776) 3 -- -- -- -- -- ------- ---------- ------- ------ ------- -------- ------- ------- 793 255,786 39,999 (356) 4,437 247,298 2,149 62,713 ------- ---------- ------- ------ ------- -------- ------- ------- 903 1,123,164 65,335 6,473 30,502 329,870 22,069 73,414 ------- ---------- ------- ------ ------- -------- ------- ------- -- 5,181 -- -- 292 1,018 -- -- ------- ---------- ------- ------ ------- -------- ------- ------- $ 1,214 $1,153,774 $64,849 $8,627 $31,619 $353,342 $22,441 $81,128 ======= ========== ======= ====== ======= ======== ======= =======
275 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF OPERATIONS -- (CONTINUED) FOR THE SIX MONTH PERIOD ENDED APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
FLOATING FUNDAMENTAL RATE GROWTH FUND FUND> -------- ----------- INVESTMENT INCOME: Dividends................................................. $ 184 $ 438 Interest.................................................. 126,877 16 Securities lending........................................ 2 3 Less: Foreign tax withheld................................ -- (11) -------- ------ Total investment income, net............................ 127,063 446 -------- ------ EXPENSES: Investment management and advisory fees................... 10,164 292 Transfer agent fees....................................... 799 82 Distribution fees Class A................................................. 2,264 49 Class B................................................. 259 65 Class C................................................. 5,814 65 Class Hn................................................ -- -- Class L................................................. -- -- Class Mn................................................ -- -- Class Nn................................................ -- -- Class R3................................................ -- -- Class R4................................................ -- -- Custodian fees............................................ 1 2 Accounting services....................................... 251 5 Registration and filing fees.............................. 139 22 Board of Directors' fees.................................. 5 1 Interest expense.......................................... -- -- Other expenses............................................ 241 25 -------- ------ Total expenses (before waivers and fees paid indirectly)............................................ 19,937 608 Expense waivers........................................... (4) (23) Transfer agent fee waivers................................ -- -- Commission recapture...................................... -- (1) Custodian fee offset...................................... (5) -- -------- ------ Total waivers and fees paid indirectly.................. (9) (24) -------- ------ Total expenses, net..................................... 19,928 584 -------- ------ Net investment income (loss).............................. 107,135 (138) -------- ------ NET REALIZED GAIN (LOSS) ON INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTIONS: Capital gain distribution received from underlying affiliated funds........................................ -- -- Net realized gain (loss) on investments................... (2,118) 3,825 Net realized gain (loss) on futures, written options and swap contracts.......................................... -- -- Net realized gain (loss) on foreign currency transactions............................................ (13) (2) -------- ------ NET REALIZED GAIN (LOSS) ON INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTION:...... (2,131) 3,823 -------- ------ NET CHANGES IN UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTIONS: Net unrealized appreciation (depreciation) of investments............................................. 12,387 1,940 Net unrealized appreciation (depreciation) of futures, written options and swap contracts...................... -- -- Net unrealized appreciation (depreciation) on translation of other assets and liabilities in foreign currencies... 86 -- -------- ------ NET CHANGES IN UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTIONS............................. 12,473 1,940 -------- ------ NET GAIN (LOSS) ON INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTION:............... 10,342 5,763 -------- ------ PAYMENT FROM AFFILIATE (SEE NOTE 3G ON ACCOMPANYING NOTES TO FINANCIAL STATEMENTS)..................................... -- 193 -------- ------ NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS................................................ $117,477 $5,818 ======== ======
* Relates to investments in affiliated investment companies. > Formally known as Focus Fund. n Classes H, M and N were merged into Class L on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details. The accompanying notes are an integral part of these financial statements. 276 - --------------------------------------------------------------------------------
GLOBAL GLOBAL GLOBAL GLOBAL GLOBAL GROWTH GROWTH COMMUNICATIONS FINANCIAL HEALTH LEADERS TECHNOLOGY ALLOCATION GROWTH OPPORTUNITIES FUND SERVICES FUND FUND FUND FUND FUND* FUND FUND -------------- ------------- ------- ------- ---------- ---------- ------- ------------- $ 368 $ 462 $ 4,035 $ 2,936 $ 137 $ 7,028 $ 5,630 $ 10,006 23 28 586 333 11 -- 228 626 20 1 107 93 2 -- 34 224 (16) (36) (120) (254) (2) -- (36) (93) ------ ------ ------- ------- ------ ------- ------- -------- 395 455 4,608 3,108 148 7,028 5,856 10,763 ------ ------ ------- ------- ------ ------- ------- -------- 150 142 3,522 3,020 269 478 4,320 4,747 46 41 707 1,039 161 555 852 1,151 26 27 514 525 42 503 794 578 24 20 403 369 64 581 209 178 32 23 528 329 60 944 405 266 -- -- -- -- -- -- 42 95 -- -- -- -- -- -- 351 764 -- -- -- -- -- -- 44 61 -- -- -- -- -- -- 11 15 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 3 2 5 28 5 -- 5 15 2 2 60 55 4 35 86 93 23 20 34 35 28 55 88 78 -- -- 5 5 -- 4 10 8 -- -- -- -- -- -- -- -- 13 11 148 158 20 119 334 285 ------ ------ ------- ------- ------ ------- ------- -------- 319 288 5,926 5,563 653 3,274 7,551 8,334 (13) (7) -- (69) (85) (126) (42) (378) (2) (3) (5) (72) (57) -- (12) (267) (8) (1) (46) (24) (3) -- (67) (93) -- -- -- (3) (1) -- (4) (6) ------ ------ ------- ------- ------ ------- ------- -------- (23) (11) (51) (168) (146) (126) (125) (744) ------ ------ ------- ------- ------ ------- ------- -------- 296 277 5,875 5,395 507 3,148 7,426 7,590 ------ ------ ------- ------- ------ ------- ------- -------- 99 178 (1,267) (2,287) (359) 3,880 (1,570) 3,173 ------ ------ ------- ------- ------ ------- ------- -------- -- -- -- -- -- 28,415 -- -- 661 2,951 30,964 41,774 3,068 27,808 35,467 89,643 -- -- -- -- -- -- -- -- (6) 4 1 (26) (1) -- 2 26 ------ ------ ------- ------- ------ ------- ------- -------- 655 2,955 30,965 41,748 3,067 56,223 35,469 89,669 ------ ------ ------- ------- ------ ------- ------- -------- 3,580 (506) 40,935 25,557 1,588 (1,062) 37,880 80,389 -- -- -- -- -- -- -- -- (1) 1 (12) (34) -- -- (1) (2) ------ ------ ------- ------- ------ ------- ------- -------- 3,579 (505) 40,923 25,523 1,588 (1,062) 37,879 80,387 ------ ------ ------- ------- ------ ------- ------- -------- 4,234 2,450 71,888 67,271 4,655 55,161 73,348 170,056 ------ ------ ------- ------- ------ ------- ------- -------- 5 5 105 1,914 22 -- 154 413 ------ ------ ------- ------- ------ ------- ------- -------- $4,338 $2,633 $70,726 $66,898 $4,318 $59,041 $71,932 $173,642 ====== ====== ======= ======= ====== ======= ======= ========
277 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF OPERATIONS -- (CONTINUED) FOR THE SIX MONTH PERIOD ENDED APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
HIGH INCOME YIELD ALLOCATION FUND FUND* ------- ---------- INVESTMENT INCOME: Dividends................................................. $ 140 $ 937 Interest.................................................. 11,324 -- Securities lending........................................ 86 -- Less: Foreign tax withheld................................ -- -- ------- ------ Total investment income, net............................ 11,550 937 ------- ------ EXPENSES: Investment management and advisory fees................... 1,038 31 Transfer agent fees....................................... 312 27 Distribution fees Class A................................................. 244 35 Class B................................................. 183 27 Class C................................................. 198 37 Class Hn................................................ -- -- Class L................................................. -- -- Class Mn................................................ -- -- Class Nn................................................ -- -- Class R3................................................ -- -- Class R4................................................ -- -- Custodian fees............................................ 12 -- Accounting services....................................... 21 2 Registration and filing fees.............................. 30 26 Board of Directors' fees.................................. 2 -- Interest expense.......................................... -- -- Other expenses............................................ 88 13 ------- ------ Total expenses (before waivers and fees paid indirectly)............................................ 2,128 198 Expense waivers........................................... (287) (37) Transfer agent fee waivers................................ -- -- Commission recapture...................................... -- -- Custodian fee offset...................................... (6) -- ------- ------ Total waivers and fees paid indirectly.................. (293) (37) ------- ------ Total expenses, net..................................... 1,835 161 ------- ------ Net investment income (loss).............................. 9,715 776 ------- ------ NET REALIZED GAIN (LOSS) ON INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTIONS: Capital gain distribution received from underlying affiliated funds........................................ -- -- Net realized gain (loss) on investments................... 6,690 (141) Net realized gain (loss) on futures, written options and swap contracts.......................................... (82) -- Net realized gain (loss) on foreign currency transactions............................................ 52 -- ------- ------ NET REALIZED GAIN (LOSS) ON INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTION:...... 6,660 (141) ------- ------ NET CHANGES IN UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTIONS: Net unrealized appreciation (depreciation) of investments............................................. 3,667 459 Net unrealized appreciation (depreciation) of futures, written options and swap contracts...................... 56 -- Net unrealized appreciation (depreciation) on translation of other assets and liabilities in foreign currencies... (5) -- ------- ------ NET CHANGES IN UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTIONS............................. 3,718 459 ------- ------ NET GAIN (LOSS) ON INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTION:............... 10,378 318 ------- ------ PAYMENT FROM AFFILIATE (SEE NOTE 3G ON ACCOMPANYING NOTES TO FINANCIAL STATEMENTS)..................................... -- -- ------- ------ NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS................................................ $20,093 $1,094 ======= ======
* Relates to investments in affiliated investment companies. ** Commenced operations on November 30, 2006. n Classes H, M and N were merged into Class L on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details. The accompanying notes are an integral part of these financial statements. 278 - --------------------------------------------------------------------------------
INFLATION INTERNATIONAL INTERNATIONAL INTERNATIONAL LARGECAP MIDCAP INCOME PLUS CAPITAL OPPORTUNITIES SMALL GROWTH MIDCAP GROWTH FUND FUND APPRECIATION FUND FUND COMPANY FUND FUND** FUND FUND ------ --------- ----------------- ------------- ------------- -------- -------- ------ $ 33 $ -- $ 2,317 $ 2,310 $ 1,829 $ 42 $ 29,685 $ 42 5,616 6,881 435 183 173 8 2,285 12 21 -- 95 107 134 -- 117 -- -- -- (270) (254) (208) -- (145) (1) ------ ------ ------- ------- ------- ---- -------- ------ 5,670 6,881 2,577 2,346 1,928 50 31,942 53 ------ ------ ------- ------- ------- ---- -------- ------ 526 1,861 1,642 1,389 1,051 28 11,200 57 63 305 458 400 169 -- 2,657 4 55 298 334 222 113 10 2,403 16 40 416 188 155 71 1 2,268 2 55 1,031 240 115 111 1 2,513 4 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 4 2 24 22 19 -- 8 2 13 47 27 25 18 1 229 1 24 69 41 28 27 21 75 20 -- 7 2 1 1 -- 24 -- -- 948 -- -- -- -- -- -- 22 246 80 51 44 4 688 10 ------ ------ ------- ------- ------- ---- -------- ------ 802 5,230 3,036 2,408 1,624 66 22,065 116 (51) (642) (4) (19) (5) (12) -- (66) -- -- (10) (30) (10) -- -- -- -- -- (10) (3) (4) -- (194) -- (3) (2) (3) (3) (1) -- (10) (1) ------ ------ ------- ------- ------- ---- -------- ------ (54) (644) (27) (55) (20) (12) (204) (67) ------ ------ ------- ------- ------- ---- -------- ------ 748 4,586 3,009 2,353 1,604 54 21,861 49 ------ ------ ------- ------- ------- ---- -------- ------ 4,922 2,295 (432) (7) 324 (4) 10,081 4 ------ ------ ------- ------- ------- ---- -------- ------ -- -- -- -- -- -- -- -- 955 (3,294) 46,254 32,549 25,198 38 143,042 2,600 (212) 13 (417) -- -- -- -- -- (86) (148) (170) (13) (38) -- (3) -- ------ ------ ------- ------- ------- ---- -------- ------ 657 (3,429) 45,667 32,536 25,160 38 143,039 2,600 ------ ------ ------- ------- ------- ---- -------- ------ 329 9,311 (1,987) 11,453 13,469 502 276,055 (189) 82 32 -- -- -- -- -- -- 41 103 14 48 (2) -- 14 -- ------ ------ ------- ------- ------- ---- -------- ------ 452 9,446 (1,973) 11,501 13,467 502 276,069 (189) ------ ------ ------- ------- ------- ---- -------- ------ 1,109 6,017 43,694 44,037 38,627 540 419,108 2,411 ------ ------ ------- ------- ------- ---- -------- ------ -- -- 6 28 -- -- 2,459 24 ------ ------ ------- ------- ------- ---- -------- ------ $6,031 $8,312 $43,268 $44,058 $38,951 $536 $431,648 $2,439 ====== ====== ======= ======= ======= ==== ======== ======
279 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF OPERATIONS -- (CONTINUED) FOR THE SIX MONTH PERIOD ENDED APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
MIDCAP MONEY VALUE MARKET FUND FUND ------- ------ INVESTMENT INCOME: Dividends................................................. $3,258 $ -- Interest.................................................. 101 7,033 Securities lending........................................ 33 -- Less: Foreign tax withheld................................ (105) -- ------- ------ Total investment income, net............................ 3,287 7,033 ------- ------ EXPENSES: Investment management and advisory fees................... 1,897 654 Transfer agent fees....................................... 534 419 Distribution fees Class A................................................. 394 270 Class B................................................. 318 128 Class C................................................. 323 79 Class Hn................................................ -- -- Class L................................................. -- -- Class Mn................................................ -- -- Class Nn................................................ -- -- Class R3................................................ -- -- Class R4................................................ -- -- Custodian fees............................................ 3 1 Accounting services....................................... 33 20 Registration and filing fees.............................. 28 40 Board of Directors' fees.................................. 3 2 Interest expense.......................................... -- -- Other expenses............................................ 114 58 ------- ------ Total expenses (before waivers and fees paid indirectly)............................................ 3,647 1,671 Expense waivers........................................... (57) (281) Transfer agent fee waivers................................ -- -- Commission recapture...................................... (13) -- Custodian fee offset...................................... -- -- ------- ------ Total waivers and fees paid indirectly.................. (70) (281) ------- ------ Total expenses, net..................................... 3,577 1,390 ------- ------ Net investment income (loss).............................. (290) 5,643 ------- ------ NET REALIZED GAIN (LOSS) ON INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTIONS: Capital gain distribution received from underlying affiliated funds........................................ -- -- Net realized gain (loss) on investments................... 36,745 1 Net realized gain (loss) on futures, written options and swap contracts.......................................... -- -- Net realized gain (loss) on foreign currency transactions............................................ (5) -- ------- ------ NET REALIZED GAIN (LOSS) ON INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTION:...... 36,740 1 ------- ------ NET CHANGES IN UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTIONS: Net unrealized appreciation (depreciation) of investments............................................. 29,269 -- Net unrealized appreciation (depreciation) of futures, written options and swap contracts...................... -- -- Net unrealized appreciation (depreciation) on translation of other assets and liabilities in foreign currencies... 1 -- ------- ------ NET CHANGES IN UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTIONS............................. 29,270 -- ------- ------ NET GAIN (LOSS) ON INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTION:............... 66,010 1 ------- ------ PAYMENT FROM AFFILIATE (SEE NOTE 3G ON ACCOMPANYING NOTES TO FINANCIAL STATEMENTS)..................................... 55 -- ------- ------ NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS................................................ $65,775 $5,644 ======= ======
* Relates to investments in affiliated investment companies. n Classes H, M and N were merged into Class L on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details. The accompanying notes are an integral part of these financial statements. 280 - --------------------------------------------------------------------------------
RETIREMENT SELECT SELECT SELECT SHORT SMALL SMALLCAP INCOME MIDCAP MIDCAP SMALLCAP DURATION COMPANY GROWTH STOCK FUND* GROWTH FUND VALUE FUND VALUE FUND FUND FUND FUND FUND ---------- ----------- ---------- ---------- -------- ------- -------- -------- $ 20 $ 122 $ 457 $ 838 $ -- $1,960 $ 1,806 $ 9,144 -- 7 26 132 5,031 374 209 120 -- 6 2 -- -- 138 647 63 -- -- -- (1) -- (26) -- (155) ---- ------ ------- ------ ------ ------- ------- -------- 20 135 485 969 5,031 2,446 2,662 9,172 ---- ------ ------- ------ ------ ------- ------- -------- 1 117 229 473 515 1,842 1,856 4,313 -- 47 57 4 44 461 665 1,737 1 25 49 21 33 267 314 852 1 19 20 2 32 263 95 1,059 1 20 39 2 66 258 124 790 -- -- -- -- -- -- 38 -- -- -- -- -- -- -- 163 -- -- -- -- -- -- -- 40 -- -- -- -- -- -- -- 16 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 6 9 4 2 14 11 12 -- 2 4 7 14 33 34 88 31 29 38 20 26 18 54 43 -- -- -- -- 1 2 2 10 -- -- -- -- -- -- -- -- 10 14 16 8 38 79 141 328 ---- ------ ------- ------ ------ ------- ------- -------- 45 279 461 541 771 3,237 3,553 9,232 (41) (47) (40) -- (37) (49) (299) (507) -- (3) (1) -- -- (10) (232) (45) -- -- -- -- -- (50) (19) (35) -- (2) (5) (4) (2) (2) (2) (4) ---- ------ ------- ------ ------ ------- ------- -------- (41) (52) (46) (4) (39) (111) (552) (591) ---- ------ ------- ------ ------ ------- ------- -------- 4 227 415 537 732 3,126 3,001 8,641 ---- ------ ------- ------ ------ ------- ------- -------- 16 (92) 70 432 4,299 (680) (339) 531 ---- ------ ------- ------ ------ ------- ------- -------- 16 -- -- -- -- -- -- -- 6 3,427 8,850 3,660 (142) 45,708 14,738 86,480 -- -- -- 61 -- -- 23 -- -- -- -- -- -- (29) -- 43 ---- ------ ------- ------ ------ ------- ------- -------- 22 3,427 8,850 3,721 (142) 45,679 14,761 86,523 ---- ------ ------- ------ ------ ------- ------- -------- 20 602 (1,930) 3,775 221 9,214 18,989 19,050 -- -- -- 11 -- -- (359) -- -- -- -- -- -- (1) -- (19) ---- ------ ------- ------ ------ ------- ------- -------- 20 602 (1,930) 3,786 221 9,213 18,630 19,031 ---- ------ ------- ------ ------ ------- ------- -------- 42 4,029 6,920 7,507 79 54,892 33,391 105,554 ---- ------ ------- ------ ------ ------- ------- -------- -- -- -- -- -- 671 39 1,568 ---- ------ ------- ------ ------ ------- ------- -------- $ 58 $3,937 $ 6,990 $7,939 $4,378 $54,883 $33,091 $107,653 ==== ====== ======= ====== ====== ======= ======= ========
281 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF OPERATIONS -- (CONTINUED) FOR THE SIX MONTH PERIOD ENDED APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
TARGET TARGET RETIREMENT RETIREMENT 2010 FUND* 2020 FUND* ---------- ---------- INVESTMENT INCOME: Dividends................................................. $ 62 $ 70 Interest.................................................. -- -- Securities lending........................................ -- -- Less: Foreign tax withheld................................ -- -- ---- ---- Total investment income, net............................ 62 70 ---- ---- EXPENSES: Investment management and advisory fees................... 3 4 Transfer agent fees....................................... 1 3 Distribution fees Class A................................................. 4 6 Class B................................................. 1 2 Class C................................................. 3 2 Class Hn................................................ -- -- Class L................................................. -- -- Class Mn................................................ -- -- Class Nn................................................ -- -- Class R3................................................ -- -- Class R4................................................ -- -- Custodian fees............................................ -- -- Accounting services....................................... -- -- Registration and filing fees.............................. 30 31 Board of Directors' fees.................................. -- -- Interest expense.......................................... -- -- Other expenses............................................ 11 12 ---- ---- Total expenses (before waivers and fees paid indirectly)............................................ 53 60 Expense waivers........................................... (40) (43) Transfer agent fee waivers................................ -- -- Commission recapture...................................... -- -- Custodian fee offset...................................... -- -- ---- ---- Total waivers and fees paid indirectly.................. (40) (43) ---- ---- Total expenses, net..................................... 13 17 ---- ---- Net investment income (loss).............................. 49 53 ---- ---- NET REALIZED GAIN (LOSS) ON INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTIONS: Capital gain distribution received from underlying affiliated funds........................................ 65 101 Net realized gain (loss) on investments................... 23 39 Net realized gain (loss) on futures, written options and swap contracts.......................................... -- -- Net realized gain (loss) on foreign currency transactions............................................ -- -- ---- ---- NET REALIZED GAIN (LOSS) ON INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTION:...... 88 140 ---- ---- NET CHANGES IN UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTIONS: Net unrealized appreciation (depreciation) of investments............................................. 114 222 Net unrealized appreciation (depreciation) of futures, written options and swap contracts...................... -- -- Net unrealized appreciation (depreciation) on translation of other assets and liabilities in foreign currencies... -- -- ---- ---- NET CHANGES IN UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTIONS............................. 114 222 ---- ---- NET GAIN (LOSS) ON INVESTMENTS, FUTURES, OPTIONS AND SWAP CONTRACTS AND FOREIGN CURRENCY TRANSACTION:............... 202 362 ---- ---- PAYMENT FROM AFFILIATE (SEE NOTE 3G ON ACCOMPANYING NOTES TO FINANCIAL STATEMENTS)..................................... -- -- ---- ---- NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS................................................ $251 $415 ==== ====
* Relates to investments in affiliated investment companies. ** Commenced operations on November 30, 2006. n Classes H, M and N were merged into Class L on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details. The accompanying notes are an integral part of these financial statements. 282 - --------------------------------------------------------------------------------
TARGET TAX-FREE TAX-FREE TAX-FREE TAX-FREE TOTAL U.S. GOVERNMENT VALUE RETIREMENT CALIFORNIA MINNESOTA NATIONAL NEW YORK RETURN SECURITIES VALUE OPPORTUNITIES 2030 FUND* FUND FUND FUND FUND BOND FUND FUND FUND FUND ---------- ---------- --------- -------- -------- --------- --------------- ------- ------------- $ 42 $ -- $ -- $ -- $ -- $ -- $ -- $ 3,699 $ 2,280 -- 721 860 3,480 366 26,155 5,479 219 81 -- -- -- -- -- 111 5 6 15 -- -- -- -- -- -- -- (1) (105) ---- ---- ----- ------ ---- ------- ------ ------- ------- 42 721 860 3,480 366 26,266 5,484 3,923 2,271 ---- ---- ----- ------ ---- ------- ------ ------- ------- 4 84 128 520 43 2,505 538 1,380 994 3 4 4 28 1 721 109 123 204 5 32 10 102 14 592 58 104 156 2 8 4 36 9 403 80 62 99 1 18 3 78 13 381 45 67 125 -- -- -- -- -- -- 5 -- 10 -- -- 4 10 -- -- 39 -- 50 -- -- -- 3 -- -- 6 -- 20 -- -- 1 1 -- -- 2 -- 6 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 1 1 1 1 6 2 2 7 -- 2 2 10 1 70 10 26 16 30 3 7 43 3 47 45 26 54 -- -- -- 1 -- 5 2 1 2 -- -- -- -- -- -- -- -- -- 9 10 15 34 10 172 59 40 75 ---- ---- ----- ------ ---- ------- ------ ------- ------- 54 162 179 867 95 4,902 1,000 1,831 1,818 (40) (12) (37) (196) (11) (248) (90) (4) (104) -- -- -- -- -- -- (2) (1) (1) -- -- -- -- -- -- -- (5) (4) -- (1) (1) (1) (1) (4) -- (1) -- ---- ---- ----- ------ ---- ------- ------ ------- ------- (40) (13) (38) (197) (12) (252) (92) (11) (109) ---- ---- ----- ------ ---- ------- ------ ------- ------- 14 149 141 670 83 4,650 908 1,820 1,709 ---- ---- ----- ------ ---- ------- ------ ------- ------- 28 572 719 2,810 283 21,616 4,576 2,103 562 ---- ---- ----- ------ ---- ------- ------ ------- ------- 101 -- -- -- -- -- -- -- -- 49 (8) 70 200 9 6,452 122 4,621 25,347 -- -- -- -- -- 99 (248) -- -- -- -- -- -- -- (549) (1) -- (6) ---- ---- ----- ------ ---- ------- ------ ------- ------- 150 (8) 70 200 9 6,002 (127) 4,621 25,341 ---- ---- ----- ------ ---- ------- ------ ------- ------- 256 (84) (329) (818) (76) (1,962) (57) 29,409 (1,045) -- -- -- -- -- (112) (35) -- -- -- -- -- -- -- 177 -- -- 8 ---- ---- ----- ------ ---- ------- ------ ------- ------- 256 (84) (329) (818) (76) (1,897) (92) 29,409 (1,037) ---- ---- ----- ------ ---- ------- ------ ------- ------- 406 (92) (259) (618) (67) 4,105 (219) 34,030 24,304 ---- ---- ----- ------ ---- ------- ------ ------- ------- -- -- -- -- -- -- -- 11 17 ---- ---- ----- ------ ---- ------- ------ ------- ------- $434 $480 $ 460 $2,192 $216 $25,721 $4,357 $36,144 $24,883 ==== ==== ===== ====== ==== ======= ====== ======= =======
283 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF CHANGES IN NET ASSETS (000'S OMITTED) - --------------------------------------------------------------------------------
ADVISERS FUND BALANCED ALLOCATION FUND* ------------------------------------ ------------------------------------ FOR THE SIX-MONTH FOR THE SIX-MONTH FOR THE PERIOD PERIOD ENDED FOR THE YEAR PERIOD ENDED JULY 31, 2006** APRIL 30, 2007 ENDED APRIL 30, 2007 THROUGH (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 ----------------- ---------------- ----------------- ---------------- OPERATIONS: Net investment income (loss)....................... $ 10,931 $ 28,925 $ 8,020 $ 7,389 Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions..................................... 92,921 192,670 49,007 18,415 Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions................ 10,424 (37,019) (1,226) 36,316 Payment from affiliate............................. 1,265 -- -- -- ---------- ---------- -------- -------- Net increase in net assets resulting from operations....................................... 115,541 184,576 55,801 62,120 ---------- ---------- -------- -------- DISTRIBUTIONS TO SHAREHOLDERS: From net investment income Class A.......................................... (9,148) (21,102) (9,715) (6,476) Class B.......................................... (1,269) (4,044) (1,857) (1,012) Class C.......................................... (1,022) (2,643) (2,998) (1,529) Class E(CC)...................................... -- -- -- -- Class H(CC)...................................... -- -- -- -- Class I.......................................... -- -- (17) -- Class L.......................................... -- -- -- -- Class M(CC)...................................... -- -- -- -- Class N(CC)...................................... -- -- -- -- Class R3......................................... -- -- -- -- Class R4......................................... -- -- -- -- Class R5......................................... -- -- -- -- Class Y.......................................... (193) (381) -- -- Class Z(CC)...................................... -- -- -- -- From net realized gain on investments Class A.......................................... (6,251) -- (10,441) (535) Class B.......................................... (1,942) -- (2,510) (147) Class C.......................................... (1,238) -- (3,938) (208) Class E(CC)...................................... -- -- -- -- Class H(CC)...................................... -- -- -- -- Class I.......................................... -- -- (8) -- Class L.......................................... -- -- -- -- Class M(CC)...................................... -- -- -- -- Class N(CC)...................................... -- -- -- -- Class R3......................................... -- -- -- -- Class R4......................................... -- -- -- -- Class R5......................................... -- -- -- -- Class Y.......................................... (99) -- -- -- Class Z(CC)...................................... -- -- -- -- ---------- ---------- -------- -------- Total distributions.............................. (21,162) (28,170) (31,484) (9,907) ---------- ---------- -------- -------- CAPITAL SHARE TRANSACTIONS: Class A.......................................... (69,955) (213,361) 64,961 158,776 Class B.......................................... (67,997) (129,449) 10,936 28,305 Class C.......................................... (18,988) (54,492) 29,171 55,648 Class E(CC)...................................... -- -- -- -- Class H(CC)...................................... -- -- -- -- Class I.......................................... -- -- 796 348 Class L.......................................... -- -- -- -- Class M(CC)...................................... -- -- -- -- Class N(CC)...................................... -- -- -- -- Class R3......................................... 10 -- 10 -- Class R4......................................... 10 -- 10 -- Class R5......................................... 10 -- 10 -- Class Y.......................................... 441 929 -- -- Class Z(CC)...................................... -- -- -- -- ---------- ---------- -------- -------- Net increase (decrease) from capital share transactions..................................... (156,469) (396,373) 105,894 243,077 ---------- ---------- -------- -------- Net increase (decrease) in net assets.............. (62,090) (239,967) 130,211 295,290 NET ASSETS: Beginning of period................................ 1,689,386 1,929,353 734,035 438,745 ---------- ---------- -------- -------- End of period...................................... $1,627,296 $1,689,386 $864,246 $734,035 ========== ========== ======== ======== Accumulated undistributed (distribution in excess of) net investment income.......................... $ 2,646 $ 3,002 $ (6,072) $ 495 ========== ========== ======== ========
* Relates to investments in affiliated investment companies. (CC) Classes H, M and N were merged into Class L and Classes E and Z were merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details. The accompanying notes are an integral part of these financial statements. 284 - --------------------------------------------------------------------------------
BALANCED INCOME FUND CAPITAL APPRECIATION FUND CAPITAL APPRECIATION II FUND - ---------------------------------------- ------------------------------------ ------------------------------------ FOR THE SIX-MONTH FOR THE SIX-MONTH FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 - --------------------- ---------------- ----------------- ---------------- ----------------- ---------------- $ 311 $ 93 $ 25,429 $ 27,889 $ (486) $ (777) 110 (22) 867,378 1,151,100 25,336 8,124 793 436 255,786 876,917 39,999 22,928 -- -- 5,181 -- -- -- ------- ------- ----------- ----------- -------- -------- 1,214 507 1,153,774 2,055,906 64,849 30,275 ------- ------- ----------- ----------- -------- -------- (265) (57) (33,636) -- -- -- (8) (1) -- -- -- -- (12) (1) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (197) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (2) (1) (4,697) -- -- -- -- -- -- -- -- -- -- -- (715,256) (572,137) (5,732) (813) -- -- (156,559) (164,902) (710) (92) -- -- (249,010) (185,821) (2,391) (283) -- -- -- -- -- -- -- -- -- -- -- -- -- -- (501) -- (201) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (35,768) (21,922) (3) (4) -- -- -- -- -- -- ------- ------- ----------- ----------- -------- -------- (287) (60) (1,195,624) (944,782) (9,037) (1,192) ------- ------- ----------- ----------- -------- -------- 12,559 11,094 1,579,223 2,499,576 186,355 164,838 725 293 134,358 104,641 26,727 20,583 1,280 387 600,066 931,993 107,108 70,917 -- -- -- -- -- -- -- -- -- -- -- -- -- -- 56,033 5,082 29,791 3,203 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 34 -- 146 -- -- -- 10 -- 10 -- -- -- 10 -- 10 -- 2 101 258,476 133,818 3 (254) -- -- -- -- -- -- ------- ------- ----------- ----------- -------- -------- 14,566 11,875 2,628,210 3,675,110 350,150 259,287 ------- ------- ----------- ----------- -------- -------- 15,493 12,322 2,586,360 4,786,234 405,962 288,370 12,322 -- 14,569,049 9,782,815 371,520 83,150 ------- ------- ----------- ----------- -------- -------- $27,815 $12,322 $17,155,409 $14,569,049 $777,482 $371,520 ======= ======= =========== =========== ======== ======== $ 66 $ 42 $ 13,165 $ 24,853 $ (680) $ (194) ======= ======= =========== =========== ======== ======== CONSERVATIVE ALLOCATION FUND* - --- ------------------------------------ F FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 - --- ----------------- ---------------- $ 2,154 $ 2,841 6,829 4,184 (356) 4,918 -- -- -------- -------- 8,627 11,943 -------- -------- (1,915) (2,296) (349) (371) (635) (698) -- -- -- -- (25) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (2,432) (772) (541) (162) (933) (301) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -------- -------- (6,830) (4,600) -------- -------- 12,176 18,487 2,200 5,262 3,146 6,806 -- -- -- -- 3,488 10 -- -- -- -- -- -- 10 -- 10 -- 10 -- -- -- -- -- -------- -------- 21,040 30,565 -------- -------- 22,837 37,908 150,419 112,511 -------- -------- $173,256 $150,419 ======== ======== $ (508) $ 262 ======== ========
285 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF CHANGES IN NET ASSETS -- (CONTINUED) (000'S OMITTED) - --------------------------------------------------------------------------------
DISCIPLINED EQUITY FUND DIVIDEND AND GROWTH FUND --------------------------------- --------------------------------- FOR THE FOR THE SIX-MONTH SIX-MONTH PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 -------------- ---------------- -------------- ---------------- OPERATIONS: Net investment income (loss)............................. $ 825 $ 1,769 $ 22,454 $ 36,502 Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions... 26,065 19,680 82,572 217,765 Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions.......................... 4,437 24,046 247,298 274,628 Payment from affiliate................................... 292 -- 1,018 -- --------- -------- ---------- ---------- Net increase in net assets resulting from operations..... 31,619 45,495 353,342 528,895 --------- -------- ---------- ---------- DISTRIBUTIONS TO SHAREHOLDERS: From net investment income Class A................................................ (1,382) (305) (16,527) (30,971) Class B................................................ (40) -- (651) (1,759) Class C................................................ (19) -- (826) (1,845) Class En............................................... -- -- -- -- Class Hn............................................... -- -- -- -- Class I................................................ -- -- (4) -- Class L................................................ -- -- -- -- Class Mn............................................... -- -- -- -- Class Nn............................................... -- -- -- -- Class R3............................................... -- -- -- -- Class R4............................................... -- -- -- -- Class R5............................................... -- -- -- -- Class Y................................................ (659) (573) (889) (2,148) Class Zn............................................... -- -- -- -- From net realized gain on investments Class A................................................ -- -- (164,851) (83,984) Class B................................................ -- -- (23,202) (13,875) Class C................................................ -- -- (20,178) (11,357) Class En............................................... -- -- -- -- Class Hn............................................... -- -- -- -- Class I................................................ -- -- (2) -- Class L................................................ -- -- -- -- Class Mn............................................... -- -- -- -- Class Nn............................................... -- -- -- -- Class R3............................................... -- -- -- -- Class R4............................................... -- -- -- -- Class R5............................................... -- -- -- -- Class Y................................................ -- -- (7,549) (4,558) Class Zn............................................... -- -- -- -- --------- -------- ---------- ---------- Total distributions.................................... (2,100) (878) (234,679) (150,497) --------- -------- ---------- ---------- CAPITAL SHARE TRANSACTIONS: Class A................................................ (18,787) (42,915) 294,580 230,196 Class B................................................ (4,790) (8,227) 15,870 (19,449) Class C................................................ (3,696) (7,938) 24,651 1,114 Class En............................................... -- -- -- -- Class Hn............................................... -- -- -- -- Class I................................................ -- -- 639 10 Class L................................................ -- -- -- -- Class Mn............................................... -- -- -- -- Class Nn............................................... -- -- -- -- Class R3............................................... 10 -- 10 -- Class R4............................................... 10 -- 10 -- Class R5............................................... 10 -- 10 -- Class Y................................................ (79,148) 73,479 (9,970) 3,558 Class Zn............................................... -- -- -- -- --------- -------- ---------- ---------- Net increase (decrease) from capital share transactions........................................... (106,391) 14,399 325,800 215,429 --------- -------- ---------- ---------- Net increase (decrease) in net assets.................... (76,872) 59,016 444,463 593,827 NET ASSETS: Beginning of period...................................... 423,815 364,799 3,442,838 2,849,011 --------- -------- ---------- ---------- End of period............................................ $ 346,943 $423,815 $3,887,301 $3,442,838 ========= ======== ========== ========== Accumulated undistributed (distribution in excess of) net investment income........................................ $ 259 $ 1,454 $ 4,755 $ 920 ========= ======== ========== ==========
* Relates to investments in affiliated investment companies. + Formally known as Aggressive Growth Allocation Fund. > Formally known as Focus Fund. n Classes H, M and N were merged into Class L and Classes E and Z were merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details. The accompanying notes are an integral part of these financial statements. 286 - --------------------------------------------------------------------------------
EQUITY GROWTH ALLOCATION FUND*+ EQUITY INCOME FUND FLOATING RATE FUND --------------------------------- --------------------------------- --------------------------------- FOR THE FOR THE FOR THE SIX-MONTH SIX-MONTH SIX-MONTH PERIOD ENDED FOR THE PERIOD ENDED FOR THE PERIOD ENDED FOR THE APRIL 30, 2007 YEAR ENDED APRIL 30, 2007 YEAR ENDED APRIL 30, 2007 YEAR ENDED (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 -------------- ---------------- -------------- ---------------- -------------- ---------------- $ 372 $ (960) $ 7,714 $ 10,142 $ 107,135 $ 78,527 19,920 5,650 10,701 26,401 (2,131) 85 2,149 16,350 62,713 55,584 12,473 (3,986) -- -- -- -- -- -- -------- -------- -------- -------- ---------- ---------- 22,441 21,040 81,128 92,127 117,477 74,626 -------- -------- -------- -------- ---------- ---------- (2,190) (498) (5,050) (9,508) (60,562) (50,770) (428) (30) (208) (503) (1,535) (1,203) (664) (51) (325) (793) (34,741) (22,840) -- -- -- -- -- -- -- -- -- -- -- -- -- -- (4) -- (8,951) (276) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (1,383) (86) (2,283) (2,763) -- -- -- -- -- -- (2,496) (33) (20,565) (1,087) -- -- (715) (12) (1,677) (97) -- -- (1,115) (19) (2,383) (149) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (4) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (1,849) (2) -- -- -- -- -- -- -- -- -------- -------- -------- -------- ---------- ---------- (7,608) (643) (33,448) (12,225) (108,072) (77,852) -------- -------- -------- -------- ---------- ---------- 23,977 46,720 108,609 84,470 739,806 1,332,988 5,135 9,636 5,703 3,668 20,092 36,573 7,343 13,717 5,946 131 770,932 737,213 -- -- -- -- -- -- -- -- -- -- -- -- 47 10 487 106 420,748 61,874 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 10 -- 10 -- 35 -- 10 -- 10 -- 10 -- 10 -- 10 -- 10 -- -- -- 115,127 6,044 26,248 40,849 -- -- -- -- -- -- -------- -------- -------- -------- ---------- ---------- 36,532 70,083 235,902 94,419 1,977,881 2,209,497 -------- -------- -------- -------- ---------- ---------- 51,365 90,480 283,582 174,321 1,987,286 2,206,271 201,440 110,960 642,133 467,812 2,484,187 277,916 -------- -------- -------- -------- ---------- ---------- $252,805 $201,440 $925,715 $642,133 $4,471,473 $2,484,187 ======== ======== ======== ======== ========== ========== $ (2,910) $ -- $ 1,409 $ 665 $ 1,155 $ 2,092 ======== ======== ======== ======== ========== ========== FUNDAMENTAL GROWTH FUND> --------------------------------- FOR THE SIX-MONTH PERIOD ENDED FOR THE APRIL 30, 2007 YEAR ENDED (UNAUDITED) OCTOBER 31, 2006 -------------- ---------------- $ (138) $ (110) 3,823 9,782 1,940 (4,066) 193 -- -------- -------- 5,818 5,606 -------- -------- -- (316) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (5) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -------- -------- -- (321) -------- -------- (6,522) (13,031) (1,653) (2,988) (2,001) (4,749) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (173) (21) -- -- -------- -------- (10,349) (20,789) -------- -------- (4,531) (15,504) 66,929 82,433 -------- -------- $ 62,398 $ 66,929 ======== ======== $ (85) $ -- ======== ========
287 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF CHANGES IN NET ASSETS -- (CONTINUED) (000'S OMITTED) - --------------------------------------------------------------------------------
GLOBAL COMMUNICATIONS FUND GLOBAL FINANCIAL SERVICES FUND ------------------------------------ ------------------------------------ FOR THE SIX-MONTH FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR APRIL 30,2007 ENDED APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 ----------------- ---------------- ----------------- ---------------- OPERATIONS: Net investment income (loss)...................... $ 99 $ 469 $ 178 $ 224 Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions.................................... 655 3,642 2,955 2,138 Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions............... 3,579 (1,714) (505) 2,247 Payment from affiliate............................ 5 -- 5 -- ------- ------- ------- ------- Net increase in net assets resulting from operations...................................... 4,338 2,397 2,633 4,609 ------- ------- ------- ------- DISTRIBUTIONS TO SHAREHOLDERS: From net investment income Class A......................................... (304) (265) (170) (136) Class B......................................... (61) (29) (7) (13) Class C......................................... (78) (27) (13) (8) Class E(CC)..................................... -- -- -- -- Class H(CC)..................................... -- -- -- -- Class I......................................... -- -- -- -- Class L......................................... -- -- -- -- Class M(CC)..................................... -- -- -- -- Class N(CC)..................................... -- -- -- -- Class R3........................................ -- -- -- -- Class R4........................................ -- -- -- -- Class R5........................................ -- -- -- -- Class Y......................................... (20) (12) (10) (10) Class Z(CC)..................................... -- -- -- -- From net realized gain on investments Class A......................................... (50) -- (1,199) -- Class B......................................... (12) -- (238) -- Class C......................................... (16) -- (255) -- Class E(CC)..................................... -- -- -- -- Class H(CC)..................................... -- -- -- -- Class I......................................... -- -- -- -- Class L......................................... -- -- -- -- Class M(CC)..................................... -- -- -- -- Class N(CC)..................................... -- -- -- -- Class R3........................................ -- -- -- -- Class R4........................................ -- -- -- -- Class R5........................................ -- -- -- -- Class Y......................................... (3) -- (56) -- Class Z(CC)..................................... -- -- -- -- ------- ------- ------- ------- Total distributions............................. (544) (333) (1,948) (167) ------- ------- ------- ------- CAPITAL SHARE TRANSACTIONS: Class A......................................... 3,111 53 1,693 4,383 Class B......................................... 383 907 210 27 Class C......................................... 1,273 2,063 997 711 Class E(CC)..................................... -- -- -- -- Class H(CC)..................................... -- -- -- -- Class I......................................... -- -- -- -- Class L......................................... -- -- -- -- Class M(CC)..................................... -- -- -- -- Class N(CC)..................................... -- -- -- -- Class R3........................................ -- -- -- -- Class R4........................................ -- -- -- -- Class R5........................................ -- -- -- -- Class Y......................................... 151 237 580 11 Class Z(CC)..................................... -- -- -- -- ------- ------- ------- ------- Net increase (decrease) from capital share transactions.................................... 4,918 3,260 3,480 5,132 ------- ------- ------- ------- Net increase (decrease) in net assets............. 8,712 5,324 4,165 9,574 NET ASSETS: Beginning of period............................... 27,528 22,204 30,221 20,647 ------- ------- ------- ------- End of period..................................... $36,240 $27,528 $34,386 $30,221 ======= ======= ======= ======= Accumulated undistributed (distribution in excess of) net investment income......................... $ 5 $ 368 $ 159 $ 180 ======= ======= ======= =======
* Relates to investments in affiliated investment companies. (CC) Classes H, M and N were merged into Class L and Classes E and Z were merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details. The accompanying notes are an integral part of these financial statements. 288 - --------------------------------------------------------------------------------
GLOBAL HEALTH FUND GLOBAL LEADERS FUND GLOBAL TECHNOLOGY FUND ------------------------------------ ------------------------------------ ------------------------------------ FOR THE SIX-MONTH FOR THE SIX-MONTH FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 ----------------- ---------------- ----------------- ---------------- ----------------- ---------------- $ (1,267) $ (3,491) $ (2,287) $ (2,107) $ (359) $ (632) 30,965 32,118 41,748 36,269 3,067 4,920 40,923 56,374 25,523 71,332 1,588 2,424 105 -- 1,914 -- 22 -- -------- -------- -------- -------- ------- ------- 70,726 85,001 66,898 105,494 4,318 6,712 -------- -------- -------- -------- ------- ------- -- -- -- (390) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (529) -- -- -- -- -- -- -- -- (14,366) (12,743) (21,115) (4,725) -- -- (3,261) (4,508) (4,013) (945) -- -- (3,961) (4,593) (3,527) (851) -- -- -- -- -- -- -- -- -- -- -- -- -- -- (28) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (7,108) (9,979) (8,887) (936) -- -- -- -- -- -- -- -- -------- -------- -------- -------- ------- ------- (28,724) (31,823) (37,542) (8,376) -- -- -------- -------- -------- -------- ------- ------- 79,715 135,221 (11,291) (62,248) (2,639) 2,124 528 3,929 (5,268) (14,964) (779) (1,251) 19,567 19,185 (2,577) (15,195) (126) (509) -- -- -- -- -- -- -- -- -- -- -- -- 3,415 784 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 22 -- 10 -- -- -- 10 -- 10 -- -- -- 10 -- 10 -- -- -- 7,263 6,834 15,845 69,172 444 56 -- -- -- -- -- -- -------- -------- -------- -------- ------- ------- 110,530 165,953 (3,261) (23,235) (3,100) 420 -------- -------- -------- -------- ------- ------- 152,532 219,131 26,095 73,883 1,218 7,132 742,414 523,283 728,036 654,153 58,811 51,679 -------- -------- -------- -------- ------- ------- $894,946 $742,414 $754,131 $728,036 $60,029 $58,811 ======== ======== ======== ======== ======= ======= $ (1,238) $ -- $ (3,354) $ (1,589) $ (353) $ -- ======== ======== ======== ======== ======= ======= GROWTH ALLOCATION FUND* ------------------------------------ FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 ----------------- ---------------- $ 3,880 $ 1,067 56,223 16,739 (1,062) 42,499 -- -- -------- -------- 59,041 60,305 -------- -------- (7,234) (2,497) (1,483) (354) (2,548) (533) -- -- -- -- (5) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (8,062) (180) (2,375) (58) (3,987) (89) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -------- -------- (25,694) (3,711) -------- -------- 54,623 132,987 14,168 32,436 12,651 65,914 -- -- -- -- 558 10 -- -- -- -- -- -- 10 -- 10 -- 10 -- -- -- -- -- -------- -------- 82,030 231,347 -------- -------- 115,377 287,941 659,350 371,409 -------- -------- $774,727 $659,350 ======== ======== $ (7,390) $ -- ======== ========
289 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF CHANGES IN NET ASSETS -- (CONTINUED) (000'S OMITTED) - --------------------------------------------------------------------------------
GROWTH FUND GROWTH OPPORTUNITIES FUND ------------------------------------ ------------------------------------ FOR THE SIX-MONTH FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 ----------------- ---------------- ----------------- ---------------- OPERATIONS: Net investment income (loss)...................... $ (1,570) $ (4,664) $ 3,173 $ (3,351) Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions.................................... 35,469 91,434 89,669 91,760 Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions............... 37,879 (13,106) 80,387 40,740 Payment from affiliate............................ 154 -- 413 -- ---------- ---------- ---------- ---------- Net increase in net assets resulting from operations...................................... 71,932 73,664 173,642 129,149 ---------- ---------- ---------- ---------- DISTRIBUTIONS TO SHAREHOLDERS: From net investment income Class A......................................... -- -- -- -- Class B......................................... -- -- -- -- Class C......................................... -- -- -- -- Class En........................................ -- -- -- -- Class Hn........................................ -- -- -- -- Class I......................................... -- -- -- -- Class L......................................... -- -- -- -- Class Mn........................................ -- -- -- -- Class Nn........................................ -- -- -- -- Class R3........................................ -- -- -- -- Class R4........................................ -- -- -- -- Class R5........................................ -- -- -- -- Class Y......................................... -- -- -- -- Class Zn........................................ -- -- -- -- From net realized gain on investments Class A......................................... (45,648) -- (30,496) (16,437) Class B......................................... (3,502) -- (2,831) (1,683) Class C......................................... (6,798) -- (3,986) (1,629) Class En........................................ -- -- -- -- Class Hn........................................ (1,203) -- (2,782) (3,075) Class I......................................... (1,187) -- (7) -- Class L......................................... (19,029) -- (40,539) (40,032) Class Mn........................................ (1,264) -- (1,749) (1,828) Class Nn........................................ (300) -- (440) (437) Class R3........................................ -- -- -- -- Class R4........................................ -- -- -- -- Class R5........................................ -- -- -- -- Class Y......................................... (7,557) -- (4,107) (2,034) Class Zn........................................ -- -- (2,429) (2,353) ---------- ---------- ---------- ---------- Total distributions............................. (86,488) -- (89,366) (69,508) ---------- ---------- ---------- ---------- CAPITAL SHARE TRANSACTIONS: Class A......................................... (64,664) 30,454 64,865 180,515 Class B......................................... (3,031) (4,655) 2,660 12,706 Class C......................................... (4,974) (1,589) 10,997 27,322 Class En........................................ -- -- -- -- Class Hn........................................ (30,977) (5,667) (55,682) (5,285) Class I......................................... 22,298 1,972 1,521 73 Class L......................................... 55,548 (40,151) 97,892 (18,780) Class Mn........................................ (26,366) (4,227) (31,466) (2,071) Class Nn........................................ (7,503) (799) (8,248) (208) Class R3........................................ 10 -- 81 -- Class R4........................................ 10 -- 10 -- Class R5........................................ 10 -- 10 -- Class Y......................................... (38,581) 74,184 33,934 42,388 Class Zn........................................ -- -- (43,669) (548) ---------- ---------- ---------- ---------- Net increase (decrease) from capital share transactions.................................... (98,220) 49,522 72,905 236,112 ---------- ---------- ---------- ---------- Net increase (decrease) in net assets............. (112,776) 123,186 157,181 295,753 NET ASSETS: Beginning of period............................... 1,279,060 1,155,874 1,241,365 945,612 ---------- ---------- ---------- ---------- End of period..................................... $1,166,284 $1,279,060 $ 1398,546 $1,241,365 ========== ========== ========== ========== Accumulated undistributed (distribution in excess of) net investment income......................... $ (1,528) $ -- $ 3,286 $ -- ========== ========== ========== ==========
* Relates to investments in affiliated investment companies. n Classes H, M and N were merged into Class L and Classes E and Z were merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details. The accompanying notes are an integral part of these financial statements. 290 - --------------------------------------------------------------------------------
HIGH YIELD FUND INCOME ALLOCATION FUND* INCOME FUND ------------------------------------ ------------------------------------ ------------------------------------ FOR THE SIX-MONTH FOR THE SIX-MONTH FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 ----------------- ---------------- ----------------- ---------------- ----------------- ---------------- $ 9,715 $ 19,942 $ 776 $ 1,414 $ 4,922 $ 3,863 6,660 (3,784) (141) (362) 657 (253) 3,718 10,649 459 486 452 1,269 -- -- -- -- -- -- -------- -------- ------- ------- -------- -------- 20,093 26,807 1,094 1,538 6,031 4,879 -------- -------- ------- ------- -------- -------- (7,139) (13,101) (557) (961) (1,190) (1,656) (1,196) (2,531) (86) (181) (183) (280) (1,305) (2,704) (119) (308) (258) (253) -- -- -- -- -- -- -- -- -- -- -- -- -- -- (6) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (131) (1,794) -- -- (3,290) (1,607) -- -- -- -- -- -- -- -- -- (29) -- -- -- -- -- (7) -- -- -- -- -- (12) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -------- -------- ------- ------- -------- -------- (9,771) (20,130) (768) (1,498) (4,921) (3,796) -------- -------- ------- ------- -------- -------- 5,011 (2,369) 7,233 5,906 42,661 7,955 (2,014) (10,799) (156) 730 1,717 1,180 (2,388) (11,907) (260) 331 4,230 2,883 -- -- -- -- -- -- -- -- -- -- -- -- -- -- 534 10 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 10 -- 10 -- -- -- 10 -- 10 -- -- -- 10 -- 10 -- -- -- (20,442) (2,158) -- -- 81,368 43,594 -- -- -- -- -- -- -------- -------- ------- ------- -------- -------- (19,803) (27,233) 7,381 6,977 129,976 55,612 -------- -------- ------- ------- -------- -------- (9,481) (20,556) 7,707 7,017 131,086 56,695 292,033 312,589 38,951 31,934 113,183 56,488 -------- -------- ------- ------- -------- -------- $282,552 $292,033 $46,658 $38,951 $244,269 $113,183 ======== ======== ======= ======= ======== ======== $ (14) $ 42 $ 13 $ 5 $ 55 $ 54 ======== ======== ======= ======= ======== ======== INFLATION PLUS FUND ------------------------------------ FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 ----------------- ---------------- $ 2,295 $ 37,125 (3,429) (16,029) 9,446 (6,365) -- -- --------- ---------- 8,312 14,731 --------- ---------- (1,694) (14,188) (527) (3,582) (1,231) (10,486) -- -- -- -- (1) -- -- -- -- -- -- -- -- -- -- -- -- -- (881) (5,352) -- -- -- (1,331) -- (382) -- (1,204) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (312) -- -- --------- ---------- (4,334) (36,837) --------- ---------- (75,727) (123,445) (15,996) (24,243) (70,244) (118,279) -- -- -- -- 192 18 -- -- -- -- -- -- 10 -- 10 -- 10 -- (34,578) 46,885 -- -- --------- ---------- (196,323) (219,064) --------- ---------- (192,345) (241,170) 762,607 1,003,777 --------- ---------- $ 570,262 $ 762,607 ========= ========== $ 2,086 $ 4,125 ========= ==========
291 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF CHANGES IN NET ASSETS -- (CONTINUED) (000'S OMITTED) - --------------------------------------------------------------------------------
INTERNATIONAL CAPITAL APPRECIATION FUND INTERNATIONAL OPPORTUNITIES FUND ---------------------------------------- ------------------------------------ FOR THE SIX-MONTH FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 ------------------- ------------------ ----------------- ---------------- OPERATIONS: Net investment income (loss).................. $ (432) $ 91 $ (7) $ 1,771 Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions............... 45,667 29,594 32,536 22,793 Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions................................ (1,973) 35,016 11,501 17,051 Payment from affiliate........................ 6 -- 28 -- -------- -------- -------- -------- Net increase in net assets resulting from operations.................................. 43,268 64,701 44,058 41,615 -------- -------- -------- -------- DISTRIBUTIONS TO SHAREHOLDERS: From net investment income Class A..................................... (232) (526) (570) (378) Class B..................................... -- -- -- -- Class C..................................... -- -- -- -- Class E(CC)................................. -- -- -- -- Class H(CC)................................. -- -- -- -- Class I..................................... (1) -- -- -- Class L..................................... -- -- -- -- Class M(CC)................................. -- -- -- -- Class N(CC)................................. -- -- -- -- Class R3.................................... -- -- -- -- Class R4.................................... -- -- -- -- Class R5.................................... -- -- -- -- Class Y..................................... -- (654) (1,104) (131) Class Z(CC)................................. -- -- -- -- From net realized gain on investments Class A..................................... (19,852) (1,438) (4,324) -- Class B..................................... (3,152) (261) (834) -- Class C..................................... (4,097) (346) (606) -- Class E(CC)................................. -- -- -- -- Class H(CC)................................. -- -- -- -- Class I..................................... (1) -- -- -- Class L..................................... -- -- -- -- Class M(CC)................................. -- -- -- -- Class N(CC)................................. -- -- -- -- Class R3.................................... -- -- -- -- Class R4.................................... -- -- -- -- Class R5.................................... -- -- -- -- Class Y..................................... (3,442) (836) (1,811) -- Class Z(CC)................................. -- -- -- -- -------- -------- -------- -------- Total distributions......................... (30,777) (4,061) (9,249) (509) -------- -------- -------- -------- CAPITAL SHARE TRANSACTIONS: Class A..................................... 102,070 49,389 17,452 30,451 Class B..................................... 7,121 5,639 358 (187) Class C..................................... 7,710 6,985 1,453 149 Class E(CC)................................. -- -- -- -- Class H(CC)................................. -- -- -- -- Class I..................................... 139 10 -- -- Class L..................................... -- -- -- -- Class M(CC)................................. -- -- -- -- Class N(CC)................................. -- -- -- -- Class R3.................................... 10 -- 22 -- Class R4.................................... 10 -- 10 -- Class R5.................................... 10 -- 10 -- Class Y..................................... (60,123) (19,973) 49,437 32,628 Class Z(CC)................................. -- -- -- -- -------- -------- -------- -------- Net increase (decrease) from capital share transactions................................ 56,947 42,050 68,742 63,041 -------- -------- -------- -------- Net increase (decrease) in net assets......... 69,438 102,690 103,551 104,147 NET ASSETS: Beginning of period........................... 360,561 257,871 252,988 148,841 -------- -------- -------- -------- End of period................................. $429,999 $360,561 $356,539 $252,988 ======== ======== ======== ======== Accumulated undistributed (distribution in excess of) net investment income.............. $ (817) $ (154) $ 48 $ 1,721 ======== ======== ======== ========
* Relates to investments in affiliated investment companies. ** Commencement of operations. n Classes H, M and N were merged into Class L and Classes E and Z were merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details. The accompanying notes are an integral part of these financial statements. 292 - --------------------------------------------------------------------------------
INTERNATIONAL SMALL COMPANY FUND LARGECAP GROWTH FUND MIDCAP FUND ------------------------------------ -------------------- ------------------------------------ FOR THE PERIOD FOR THE SIX-MONTH NOVEMBER 30, 2006** FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR THROUGH PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED APRIL 30, 2007 APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) (UNAUDITED) OCTOBER 31, 2006 ----------------- ---------------- -------------------- ----------------- ---------------- $ 324 $ 1,066 $ (4) $ 10,081 $ (10,396) 25,160 26,962 38 143,039 493,070 13,467 11,245 502 276,069 (86,305) -- -- -- 2,459 -- -------- -------- ------- ---------- ---------- 38,951 39,273 536 431,648 396,369 -------- -------- ------- ---------- ---------- (819) (704) (13) -- -- (71) (83) -- -- -- (81) (145) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (1,415) (1,565) -- -- -- -- -- -- -- -- (8,744) (3,791) -- (291,499) (281,386) (1,537) (679) -- (77,096) (82,610) (2,387) (1,407) -- (85,148) (88,590) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (11,031) (7,015) -- (27,642) (22,904) -- -- -- -- -- -------- -------- ------- ---------- ---------- (26,085) (15,389) (13) (481,385) (475,490) -------- -------- ------- ---------- ---------- 46,008 27,750 9,569 244,036 196,666 4,438 4,607 300 32,271 5,553 8,300 3,908 453 36,458 20,240 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 23,445 7,563 100 (44) 46,422 -- -- -- -- -- -------- -------- ------- ---------- ---------- 82,191 43,828 10,422 312,721 268,881 -------- -------- ------- ---------- ---------- 95,057 67,712 10,945 262,984 189,760 187,151 119,439 -- 2,970,037 2,780,277 -------- -------- ------- ---------- ---------- $282,208 $187,151 $10,945 $3,233,021 $2,970,037 ======== ======== ======= ========== ========== $ 180 $ 2,242 $ (17) $ 10,752 $ -- ======== ======== ======= ========== ========== MIDCAP GROWTH FUND ------------------------------------ FOR THE SIX-MONTH FOR THE PERIOD PERIOD ENDED JULY 31, 2006** APRIL 30, 2007 THROUGH (UNAUDITED) OCTOBER 31, 2006 ----------------- ---------------- $ 4 $ (9) 2,600 81 (189) 573 (24) -- ------- ------- 2,439 645 ------- ------- (43) -- -- -- (2) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (1) -- -- -- (75) -- (2) -- (3) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (1) -- -- -- ------- ------- (127) -- ------- ------- 4,048 9,727 436 281 1,139 341 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 1 100 -- -- ------- ------- 5,624 10,449 ------- ------- 7,936 11,094 11,094 -- ------- ------- $19,030 $11,094 ======= ======= $ (17) $ 1 ======= =======
293 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF CHANGES IN NET ASSETS -- (CONTINUED) (000'S OMITTED) - --------------------------------------------------------------------------------
MIDCAP VALUE FUND MONEY MARKET FUND ------------------------------------ ------------------------------------ FOR THE SIX-MONTH FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 ----------------- ---------------- ----------------- ---------------- OPERATIONS: Net investment income (loss)...................... $ (290) $ (539) $ 5,643 $ 9,518 Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions.................................... 36,740 59,464 1 -- Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions............... 29,270 29,759 -- -- Payment from affiliate............................ 55 -- -- -- -------- -------- -------- -------- Net increase in net assets resulting from operations...................................... 65,775 88,684 5,644 9,518 -------- -------- -------- -------- DISTRIBUTIONS TO SHAREHOLDERS: From net investment income Class A......................................... -- -- (4,781) (7,394) Class B......................................... -- -- (470) (898) Class C......................................... -- -- (291) (546) Class E(CC)..................................... -- -- -- -- Class H(CC)..................................... -- -- -- -- Class I......................................... -- -- -- -- Class L......................................... -- -- -- -- Class M(CC)..................................... -- -- -- -- Class N(CC)..................................... -- -- -- -- Class R3........................................ -- -- -- -- Class R4........................................ -- -- -- -- Class R5........................................ -- -- -- -- Class Y......................................... -- -- (101) (680) Class Z(CC)..................................... -- -- -- -- From net realized gain on investments Class A......................................... (39,788) (27,814) (1) -- Class B......................................... (8,536) (6,087) -- -- Class C......................................... (8,588) (6,258) -- -- Class E(CC)..................................... -- -- -- -- Class H(CC)..................................... -- -- -- -- Class I......................................... -- -- -- -- Class L......................................... -- -- -- -- Class M(CC)..................................... -- -- -- -- Class N(CC)..................................... -- -- -- -- Class R3........................................ -- -- -- -- Class R4........................................ -- -- -- -- Class R5........................................ -- -- -- -- Class Y......................................... (2,054) (3,881) -- -- Class Z(CC)..................................... -- -- -- -- -------- -------- -------- -------- Total distributions............................. (58,966) (44,040) (5,644) (9,518) -------- -------- -------- -------- CAPITAL SHARE TRANSACTIONS: Class A......................................... 19,196 (5,373) 28,907 25,284 Class B......................................... 2,792 (2,251) (3,000) (2,721) Class C......................................... 3,676 (3,498) (1,683) (1,793) Class E(CC)..................................... -- -- -- -- Class H(CC)..................................... -- -- -- -- Class I......................................... -- -- -- -- Class L......................................... -- -- -- -- Class M(CC)..................................... -- -- -- -- Class N(CC)..................................... -- -- -- -- Class R3........................................ -- -- 10 -- Class R4........................................ -- -- 10 -- Class R5........................................ -- -- 10 -- Class Y......................................... (27,981) (12,709) (9,042) (2,486) Class Z(CC)..................................... -- -- -- -- -------- -------- -------- -------- Net increase (decrease) from capital share transactions.................................... (2,317) (23,831) 15,212 18,284 -------- -------- -------- -------- Net increase (decrease) in net assets............. 4,492 20,813 15,212 18,284 NET ASSETS: Beginning of period............................... 461,984 441,171 266,212 247,928 -------- -------- -------- -------- End of period..................................... $466,476 $461,984 $281,424 $266,212 ======== ======== ======== ======== Accumulated undistributed (distribution in excess of) net investment income......................... $ (275) $ -- $ -- $ -- ======== ======== ======== ========
* Relates to investments in affiliated investment companies. n Classes H, M and N were merged into Class L and Classes E and Z were merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details. The accompanying notes are an integral part of these financial statements. 294 - --------------------------------------------------------------------------------
RETIREMENT INCOME FUND* SELECT MIDCAP GROWTH FUND SELECT MIDCAP VALUE FUND ------------------------------------ ------------------------------------ ------------------------------------ FOR THE SIX-MONTH FOR THE SIX-MONTH FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 ----------------- ---------------- ----------------- ---------------- ----------------- ---------------- $ 16 $ 12 $ (92) $ (368) $ 70 $ (86) 22 -- 3,427 2,239 8,850 2,875 20 15 602 1,006 (1,930) 5,546 -- -- -- -- -- -- ------ ---- -------- ------- -------- ------- 58 27 3,937 2,877 6,990 8,335 ------ ---- -------- ------- -------- ------- (12) (11) -- -- -- (19) (3) (2) -- -- -- -- (3) (2) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (2) (3) -- -- -- (3) -- -- -- -- -- -- -- -- (1,001) (149) (1,959) (504) -- -- (160) (24) (170) (40) -- -- (168) (17) (295) (71) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (616) (2) (503) (12) -- -- -- -- -- -- ------ ---- -------- ------- -------- ------- (20) (18) (1,945) (192) (2,927) (649) ------ ---- -------- ------- -------- ------- 586 370 (5,577) 6,756 (8,303) 20,427 26 161 12 1,129 181 2,016 16 148 188 1,975 930 3,828 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 10 -- -- -- -- -- 10 -- -- -- -- -- 10 -- -- -- -- -- 2 103 (28,667) 28,151 (15,469) 17,996 -- -- -- -- -- -- ------ ---- -------- ------- -------- ------- 660 782 (34,044) 38,011 (22,661) 44,267 ------ ---- -------- ------- -------- ------- 698 791 (32,052) 40,696 (18,598) 51,953 868 77 59,996 19,300 79,516 27,563 ------ ---- -------- ------- -------- ------- $1,566 $868 $ 27,944 $59,996 $ 60,918 $79,516 ====== ==== ======== ======= ======== ======= $ (4) $ -- $ (92) $ -- $ 70 $ -- ====== ==== ======== ======= ======== ======= SELECT SMALLCAP VALUE FUND --------------------------------------- FOR THE SIX-MONTH FOR THE PERIOD PERIOD ENDED JULY 31, 2006** APRIL 30, 2007 THROUGH (UNAUDITED) OCTOBER 31,2006 ----------------- ------------------- $ 432 $ 30 3,721 126 3,786 1,316 -- -- -------- ------- 7,939 1,472 -------- ------- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (240) -- -- -- (30) -- (1) -- (1) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (101) -- -- -- -------- ------- (373) -- -------- ------- 980 14,491 95 283 133 256 -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 78,129 1,496 -- -- -------- ------- 79,337 16,526 -------- ------- 86,903 17,998 17,998 -- -------- ------- $104,901 $17,998 ======== ======= $ 234 $ 42 ======== =======
295 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF CHANGES IN NET ASSETS -- (CONTINUED) (000'S OMITTED) - --------------------------------------------------------------------------------
SHORT DURATION FUND SMALL COMPANY FUND ------------------------------------ ------------------------------------ FOR THE SIX-MONTH FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 ----------------- ---------------- ----------------- ---------------- OPERATIONS: Net investment income (loss)....................... $ 4,299 $ 4,782 $ (680) $ (3,588) Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions..................................... (142) (707) 45,679 70,345 Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions................ 221 1,324 9,213 (14,828) Payment from affiliate............................. -- -- 671 -- -------- -------- -------- -------- Net increase in net assets resulting from operations....................................... 4,378 5,399 54,883 51,929 -------- -------- -------- -------- DISTRIBUTIONS TO SHAREHOLDERS: From net investment income Class A.......................................... (586) (933) -- -- Class B.......................................... (115) (211) -- -- Class C.......................................... (238) (480) -- -- Class E(CC)...................................... -- -- -- -- Class H(CC)...................................... -- -- -- -- Class I.......................................... -- -- -- -- Class L.......................................... -- -- -- -- Class M(CC)...................................... -- -- -- -- Class N(CC)...................................... -- -- -- -- Class R3......................................... -- -- -- -- Class R4......................................... -- -- -- -- Class R5......................................... -- -- -- -- Class Y.......................................... (3,359) (3,180) -- -- Class Z(CC)...................................... -- -- -- -- From net realized gain on investments Class A.......................................... -- -- (16,937) -- Class B.......................................... -- -- (4,857) -- Class C.......................................... -- -- (4,469) -- Class E(CC)...................................... -- -- -- -- Class H(CC)...................................... -- -- -- -- Class I.......................................... -- -- (8) -- Class L.......................................... -- -- -- -- Class M(CC)...................................... -- -- -- -- Class N(CC)...................................... -- -- -- -- Class R3......................................... -- -- -- -- Class R4......................................... -- -- -- -- Class R5......................................... -- -- -- -- Class Y.......................................... -- -- (8,399) -- Class Z(CC)...................................... -- -- -- -- -------- -------- -------- -------- Total distributions.............................. (4,298) (4,804) (34,670) -- -------- -------- -------- -------- CAPITAL SHARE TRANSACTIONS: Class A.......................................... 28 (2,604) 36,879 7,658 Class B.......................................... (696) (2,089) (196) (13,527) Class C.......................................... (2,073) (8,655) 6,370 (4,001) Class E(CC)...................................... -- -- -- -- Class H(CC)...................................... -- -- -- -- Class I.......................................... -- -- 846 69 Class L.......................................... -- -- -- -- Class M(CC)...................................... -- -- -- -- Class N(CC)...................................... -- -- -- -- Class R3......................................... -- -- 46 -- Class R4......................................... -- -- 10 -- Class R5......................................... -- -- 10 -- Class Y.......................................... 43,635 19,381 40,986 57,068 Class Z(CC)...................................... -- -- -- -- -------- -------- -------- -------- Net increase (decrease) from capital share transactions..................................... 40,894 6,033 84,951 47,267 -------- -------- -------- -------- Net increase (decrease) in net assets.............. 40,974 6,628 105,164 99,196 NET ASSETS: Beginning of period................................ 150,066 143,438 403,275 304,079 -------- -------- -------- -------- End of period...................................... $191,040 $150,066 $508,439 $403,275 ======== ======== ======== ======== Accumulated undistributed (distribution in excess of) net investment income.......................... $ 2 $ 1 $ (497) $ -- ======== ======== ======== ========
* Relates to investments in affiliated investment companies. (CC) Classes H, M and N were merged into Class L and Classes E and Z were merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details. The accompanying notes are an integral part of these financial statements. 296 - --------------------------------------------------------------------------------
SMALLCAP GROWTH FUND STOCK FUND TARGET RETIREMENT 2010 FUND* ------------------------------------ ------------------------------------ ------------------------------------ FOR THE SIX-MONTH FOR THE SIX-MONTH FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 ----------------- ---------------- ----------------- ---------------- ----------------- ---------------- $ (339) $ (1,069) $ 531 $ 3,896 $ 49 $ 22 14,761 26,723 86,523 179,777 88 -- 18,630 10,054 19,031 (15,893) 114 46 39 -- 1,568 -- -- -- -------- -------- ---------- ---------- ------ ------ 33,091 35,708 107,653 167,780 251 68 -------- -------- ---------- ---------- ------ ------ -- -- (3,091) (1,525) (40) (17) -- -- -- -- (4) (3) -- -- -- -- (6) (2) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (1,030) (772) (2) (2) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -------- -------- ---------- ---------- ------ ------ -- -- (4,121) (2,297) (52) (24) -------- -------- ---------- ---------- ------ ------ 27,238 151,875 (54,196) (137,391) 4,594 1,572 (1,286) 1,344 (43,398) (87,193) 207 213 252 6,952 (19,834) (43,306) 48 462 -- -- -- -- -- -- (25,058) (3,041) -- -- -- -- 2,387 235 -- -- -- -- 46,522 (13,323) -- -- -- -- (25,903) (2,473) -- -- -- -- (10,379) (704) -- -- -- -- 10 -- 10 -- 10 -- 10 -- 40 -- 10 -- 10 -- 10 -- 10 -- (93,546) 45,888 (11,199) 7,983 2 122 -- -- -- -- -- -- -------- -------- ---------- ---------- ------ ------ (79,743) 186,753 (128,567) (259,907) 4,881 2,369 -------- -------- ---------- ---------- ------ ------ (46,652) 222,461 (25,035) (94,424) 5,080 2,413 532,484 310,023 1,201,678 1,296,102 2,454 41 -------- -------- ---------- ---------- ------ ------ $485,832 $532,484 $1,176,643 $1,201,678 $7,534 $2,454 ======== ======== ========== ========== ====== ====== $ (328) $ -- $ 945 $ 4,107 $ (3) $ -- ======== ======== ========== ========== ====== ====== TARGET RETIREMENT 2020 FUND* ------------------------------------ FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 ----------------- ---------------- $ 53 $ 10 140 13 222 82 -- -- ------- ------ 415 105 ------- ------ (55) (15) (2) (1) (5) (1) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (9) -- (1) -- (1) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- ------- ------ (73) (17) ------- ------ 7,692 1,919 154 270 132 313 -- -- -- -- -- -- -- -- -- -- -- -- 10 -- 10 -- 10 -- -- -- -- -- ------- ------ 8,008 2,502 ------- ------ 8,350 2,590 2,764 174 ------- ------ $11,114 $2,764 ======= ====== $ (9) $ -- ======= ======
297 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF CHANGES IN NET ASSETS -- (CONTINUED) (000'S OMITTED) - --------------------------------------------------------------------------------
TARGET RETIREMENT 2030 FUND* TAX-FREE CALIFORNIA FUND ------------------------------------ ------------------------------------ FOR THE SIX-MONTH FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 ----------------- ---------------- ----------------- ---------------- OPERATIONS: Net investment income (loss)...................... $ 28 $ 2 $ 572 $ 799 Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions.................................... 150 1 (8) (5) Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions............... 256 83 (84) 573 Payment from affiliate............................ -- -- -- -- ------ ------ ------- ------- Net increase in net assets resulting from operations...................................... 434 86 480 1,367 ------ ------ ------- ------- DISTRIBUTIONS TO SHAREHOLDERS: From net investment income Class A......................................... (40) (3) (489) (689) Class B......................................... (3) (2) (27) (43) Class C......................................... (2) (1) (56) (68) Class E(CC)..................................... -- -- -- -- Class H(CC)..................................... -- -- -- -- Class I......................................... -- -- -- -- Class L......................................... -- -- -- -- Class M(CC)..................................... -- -- -- -- Class N(CC)..................................... -- -- -- -- Class R3........................................ -- -- -- -- Class R4........................................ -- -- -- -- Class R5........................................ -- -- -- -- Class Y......................................... -- (1) -- -- Class Z(CC)..................................... -- -- -- -- From net realized gain on investments Class A......................................... (1) -- -- (10) Class B......................................... -- -- -- (1) Class C......................................... -- -- -- (1) Class E(CC)..................................... -- -- -- -- Class H(CC)..................................... -- -- -- -- Class I......................................... -- -- -- -- Class L......................................... -- -- -- -- Class M(CC)..................................... -- -- -- -- Class N(CC)..................................... -- -- -- -- Class R3........................................ -- -- -- -- Class R4........................................ -- -- -- -- Class R5........................................ -- -- -- -- Class Y......................................... -- -- -- -- Class Z(CC)..................................... -- -- -- -- ------ ------ ------- ------- Total distributions............................. (46) (7) (572) (812) ------ ------ ------- ------- CAPITAL SHARE TRANSACTIONS: Class A......................................... 6,149 1,784 3,323 8,736 Class B......................................... 28 283 369 232 Class C......................................... 178 69 1,055 1,436 Class E(CC)..................................... -- -- -- -- Class H(CC)..................................... -- -- -- -- Class I......................................... -- -- -- -- Class L......................................... -- -- -- -- Class M(CC)..................................... -- -- -- -- Class N(CC)..................................... -- -- -- -- Class R3........................................ 10 -- -- -- Class R4........................................ 10 -- -- -- Class R5........................................ 10 -- -- -- Class Y......................................... -- 21 -- -- Class Z(CC)..................................... -- -- -- -- ------ ------ ------- ------- Net increase (decrease) from capital share transactions.................................... 6,385 2,157 4,747 10,404 ------ ------ ------- ------- Net increase (decrease) in net assets............. 6,773 2,236 4,655 10,959 NET ASSETS: Beginning of period............................... 2,275 39 29,802 18,843 ------ ------ ------- ------- End of period..................................... $9,048 $2,275 $34,457 $29,802 ====== ====== ======= ======= Accumulated undistributed (distribution in excess of) net investment income......................... $ (17) $ -- $ 2 $ 2 ====== ====== ======= =======
* Relates to investments in affiliated investment companies. n Classes H, M and N were merged into Class L and Classes E and Z were merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details. The accompanying notes are an integral part of these financial statements. 298 - --------------------------------------------------------------------------------
TAX-FREE MINNESOTA FUND TAX-FREE NATIONAL FUND TAX-FREE NEW YORK FUND ------------------------------------ ------------------------------------ ------------------------------------ FOR THE SIX-MONTH FOR THE SIX-MONTH FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 ----------------- ---------------- ----------------- ---------------- ----------------- ---------------- $ 719 $ 1,382 $ 2,810 $ 4,510 $ 283 $ 553 70 197 200 372 9 85 (329) 235 (818) 2,682 (76) 260 -- -- -- -- -- -- -------- ------- -------- -------- ------- ------- 460 1,814 2,192 7,564 216 898 -------- ------- -------- -------- ------- ------- (154) (247) (1,641) (2,337) (215) (421) (14) (25) (119) (224) (28) (54) (11) (13) (258) (354) (41) (80) (249) (967) (322) (1,234) -- -- (1) (4) (1) (8) -- -- -- -- -- -- -- -- (57) (107) (162) (316) -- -- (1) (4) (11) (41) -- -- (1) (6) (3) (14) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (231) -- (272) -- -- -- -- -- -- -- -- -- (40) (9) (206) (315) (61) (23) (5) (1) (19) (46) (10) (4) (2) (1) (37) (58) (14) (5) (132) (41) (83) (210) -- -- (1) -- (1) (2) -- -- -- -- -- -- -- -- (15) (5) (21) (54) -- -- (1) -- (4) (9) -- -- (1) -- (1) (4) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -------- ------- -------- -------- ------- ------- (916) (1,430) (3,161) (5,226) (369) (587) -------- ------- -------- -------- ------- ------- 2,469 1,226 30,517 24,443 494 (243) (7) (19) 923 (267) 51 (22) 294 (11) 7,345 4,163 271 (237) (21,995) (2,213) (23,649) (2,570) -- -- (125) (1) (174) (103) -- -- -- -- -- -- -- -- 753 (273) 1,430 (492) -- -- (106) (8) (1,216) (60) -- -- (195) (4) (373) (127) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 21,492 -- 22,624 1 -- -- -- -- -- -- -- -- -------- ------- -------- -------- ------- ------- 2,580 (1,303) 37,427 24,988 816 (502) -------- ------- -------- -------- ------- ------- 2,124 (919) 36,458 27,326 663 (191) 34,970 35,889 129,914 102,588 15,482 15,673 -------- ------- -------- -------- ------- ------- $ 37,094 $34,970 $166,372 $129,914 $16,145 $15,482 ======== ======= ======== ======== ======= ======= $ 10 $ 10 $ 24 $ 3 $ 1 $ 2 ======== ======= ======== ======== ======= ======= TOTAL RETURN BOND FUND ------------------------------------ FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 ----------------- ---------------- $ 21,616 $ 30,568 6,002 (8,700) (1,897) 12,640 -- -- ---------- -------- 25,721 34,508 ---------- -------- (10,845) (14,515) (1,550) (2,504) (1,453) (2,387) -- -- -- -- (25) -- -- -- -- -- -- -- -- -- -- -- -- -- (7,360) (11,078) -- -- -- (1,753) -- (454) -- (413) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- (1,059) -- -- ---------- -------- (21,233) (34,163) ---------- -------- 93,213 120,743 3,162 (1,319) 4,727 1,327 -- -- -- -- 1,809 38 -- -- -- -- -- -- 10 -- 10 -- 10 -- 42,383 96,782 -- -- ---------- -------- 145,324 217,571 ---------- -------- 149,812 217,916 872,696 654,780 ---------- -------- $1,022,508 $872,696 ========== ======== $ 1,039 $ 656 ========== ========
299 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. STATEMENT OF CHANGES IN NET ASSETS -- (CONTINUED) (000'S OMITTED) - --------------------------------------------------------------------------------
U.S. GOVERNMENT SECURITIES FUND ------------------------------------------ FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 ----------------- ---------------- OPERATIONS: Net investment income (loss)............................ $ 4,576 $ 9,709 Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions........................................... (127) (6,207) Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions.......................... (92) 4,161 Payment from affiliate.................................. -- -- --------- -------- Net increase in net assets resulting from operations.... 4,357 7,663 --------- -------- DISTRIBUTIONS TO SHAREHOLDERS: From net investment income Class A............................................... (1,095) (2,091) Class B............................................... (318) (734) Class C............................................... (178) (353) Class E(CC)........................................... (1,113) (4,784) Class H(CC)........................................... (18) (92) Class I............................................... -- -- Class L............................................... (763) (1,529) Class M(CC)........................................... (20) (97) Class N(CC)........................................... (7) (30) Class R3.............................................. -- -- Class R4.............................................. -- -- Class R5.............................................. -- -- Class Y............................................... (1,038) (117) Class Z(CC)........................................... -- -- From net realized gain on investments Class A............................................... -- -- Class B............................................... -- -- Class C............................................... -- -- Class E(CC)........................................... -- -- Class H(CC)........................................... -- -- Class I............................................... -- -- Class L............................................... -- -- Class M(CC)........................................... -- -- Class N(CC)........................................... -- -- Class R3.............................................. -- -- Class R4.............................................. -- -- Class R5.............................................. -- -- Class Y............................................... -- -- Class Z(CC)........................................... -- -- --------- -------- Total distributions................................... (4,550) (9,827) --------- -------- CAPITAL SHARE TRANSACTIONS: Class A............................................... 806 (973) Class B............................................... (1,688) (4,058) Class C............................................... (768) 152 Class E(CC)........................................... (117,293) (14,860) Class H(CC)........................................... (317) (773) Class I............................................... -- -- Class L............................................... (82) (3,824) Class M(CC)........................................... (1,163) (630) Class N(CC)........................................... (478) (149) Class R3.............................................. -- -- Class R4.............................................. -- -- Class R5.............................................. -- -- Class Y............................................... 111,738 (9,130) Class Z(CC)........................................... -- -- --------- -------- Net increase (decrease) from capital share transactions... (9,245) (34,245) --------- -------- Net increase (decrease) in net assets..................... (9,438) (36,409) NET ASSETS: Beginning of period....................................... 197,567 233,976 --------- -------- End of period............................................. $ 188,129 $197,567 ========= ======== Accumulated undistributed (distribution in excess of) net investment income......................................... $ 37 $ 11 ========= ========
* Relates to investments in affiliated investment companies. n Classes H, M and N were merged into Class L and Classes E and Z were merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details. The accompanying notes are an integral part of these financial statements. 300 - --------------------------------------------------------------------------------
VALUE FUND VALUE OPPORTUNITIES FUND -------------------------------------------- -------------------------------------------- FOR THE SIX-MONTH FOR THE SIX-MONTH PERIOD ENDED FOR THE YEAR PERIOD ENDED FOR THE YEAR APRIL 30, 2007 ENDED APRIL 30, 2007 ENDED (UNAUDITED) OCTOBER 31, 2006 (UNAUDITED) OCTOBER 31, 2006 ----------------- ------------------ ----------------- ------------------ $ 2,103 $ 1,430 $ 562 $ 1,459 4,621 17,037 25,341 20,728 29,409 10,073 (1,037) 28,126 11 -- 17 -- -------- -------- -------- -------- 36,144 28,540 24,883 50,313 -------- -------- -------- -------- -- (474) (987) -- -- -- (49) -- -- -- (123) -- -- -- -- -- -- -- -- -- -- -- (3) -- -- -- (275) (39) -- -- (4) -- -- -- (3) -- -- -- -- -- -- -- -- -- -- -- -- -- (1,650) (780) -- (358) -- -- -- -- (4,893) -- (9,357) (2,133) (754) -- (1,655) (467) (809) -- (2,027) (454) -- -- -- -- -- -- (326) (158) -- -- (1) -- -- -- (2,739) (881) -- -- (627) (254) -- -- (186) (68) -- -- -- -- -- -- -- -- -- -- -- -- (9,092) -- (4,266) (3,035) -- -- -- -- -------- -------- -------- -------- (17,198) (1,254) (22,628) (7,847) -------- -------- -------- -------- 4,796 3,341 25,929 30,823 758 (75) 2,684 2,299 692 695 4,534 6,635 -- -- -- -- -- -- (2,422) (1,657) -- -- 854 11 -- -- 10,711 367 -- -- (5,452) (1,570) -- -- (1,723) (234) 10 -- 10 -- 10 -- 10 -- 10 -- 10 -- 190,767 1,219 (99,280) (9,374) -- -- -- -- -------- -------- -------- -------- 197,043 5,180 (64,135) 27,300 -------- -------- -------- -------- 215,989 32,466 (61,880) 69,766 176,430 143,964 300,692 230,926 -------- -------- -------- -------- $392,419 $176,430 $238,812 $300,692 ======== ======== ======== ======== $ 1,477 $ 1,021 $ 554 $ 1,431 ======== ======== ======== ========
301 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - -------------------------------------------------------------------------------- 1. ORGANIZATION: The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc. (the "Companies") are open-end management investment companies comprised of fifty-one portfolios (each a "Fund" or together the "Funds"). They are The Hartford Advisers Fund (Advisers Fund), The Hartford Balanced Allocation Fund (Balanced Allocation Fund), The Hartford Balanced Income Fund (Balanced Income Fund), The Hartford Capital Appreciation Fund (Capital Appreciation Fund), The Hartford Capital Appreciation II Fund (Capital Appreciation II Fund), The Hartford Conservative Allocation Fund (Conservative Allocation Fund), The Hartford Disciplined Equity Fund (Disciplined Equity Fund), The Hartford Dividend and Growth Fund (Dividend and Growth Fund), The Hartford Equity Growth Allocation Fund (Equity Growth Allocation Fund), The Hartford Equity Income Fund (Equity Income Fund), The Hartford Floating Rate Fund (Floating Rate Fund), The Hartford Fundamental Growth Fund (Fundamental Growth Fund), The Hartford Global Communications Fund (Global Communications Fund), The Hartford Global Financial Services Fund (Global Financial Services Fund), The Hartford Global Health Fund (Global Health Fund), The Hartford Global Leaders Fund (Global Leaders Fund), The Hartford Global Technology Fund (Global Technology Fund), The Hartford Growth Allocation Fund (Growth Allocation Fund), The Hartford Growth Fund (Growth Fund), The Hartford Growth Opportunities Fund (Growth Opportunities Fund), The Hartford High Yield Fund (High Yield Fund), The Hartford Income Allocation Fund (Income Allocation Fund), The Hartford Income Fund (Income Fund), The Hartford Inflation Plus Fund (Inflation Plus Fund), The Hartford International Capital Appreciation Fund (International Capital Appreciation Fund), The Hartford International Opportunities Fund (International Opportunities Fund), The Hartford International Small Company Fund (International Small Company Fund), The Hartford LargeCap Growth Fund (LargeCap Growth Fund), The Hartford MidCap Fund (MidCap Fund), The Hartford MidCap Growth Fund (MidCap Growth Fund), The Hartford MidCap Value Fund (MidCap Value Fund), The Hartford Money Market Fund (Money Market Fund), The Hartford Retirement Income Fund (Retirement Income Fund), The Hartford Select MidCap Growth Fund (Select MidCap Growth Fund), The Hartford Select MidCap Value Fund (Select MidCap Value Fund), The Hartford Select SmallCap Value Fund (SmallCap Value Fund), The Hartford Short Duration Fund (Short Duration Fund), The Hartford Small Company Fund (Small Company Fund), The Hartford SmallCap Growth Fund (SmallCap Growth Fund), The Hartford Stock Fund (Stock Fund), The Hartford Target Retirement 2010 Fund (Target Retirement 2010 Fund), The Hartford Target Retirement 2020 Fund (Target Retirement 2020 Fund), The Hartford Target Retirement 2030 Fund (Target Retirement 2030 Fund), The Hartford Tax-Free California Fund (Tax-Free California Fund), The Hartford Tax-Free Minnesota Fund (Tax-Free Minnesota Fund), The Hartford Tax-Free National Fund (Tax-Free National Fund), The Hartford Tax-Free New York Fund (Tax-Free New York Fund), The Hartford Total Return Bond Fund (Total Return Bond Fund), The Hartford U.S. Government Securities Fund (U.S. Government Securities Fund), The Hartford Value Fund (Value Fund) and The Hartford Value Opportunities Fund (Value Opportunities Fund). The Companies are organized under the laws of the State of Maryland and are registered with the Securities and Exchange Commission ("SEC") under the Investment Company Act of 1940, as amended, as diversified open-end management investment companies, except for Floating Rate Fund, Global Communications Fund, Global Financial Services Fund, Global Health Fund, Global Technology Fund, Inflation Plus Fund, Tax-Free California Fund and Tax-Free New York Fund, which are non-diversified. Effective March 1, 2007, the name of The Hartford Aggressive Growth Allocation Fund was changed to The Hartford Equity Growth Allocation Fund and effective March 30, 2007, the name of The Hartford Focus Fund was changed to The Hartford Fundamental Growth Fund. Class A shares are sold with a front-end sales charge of up to 5.50%, except for High Yield Fund, Income Allocation Fund, Income Fund, Inflation Plus Fund, Tax-Free California Fund, Tax-Free Minnesota Fund, Tax-Free National Fund, Tax-Free New York Fund, Total Return Bond Fund and U.S. Government Securities Fund, which have a maximum front-end sales charge of up to 4.50%. Floating Rate Fund and Short Duration Fund have a maximum front-end sales charge of up to 3.00%. Class B shares are sold with a contingent deferred sales charge which is assessed on the lesser of the net asset value of the shares at the time of redemption or the original purchase price, and declines from up to 5.00% to zero depending on the period of time the shares are held. Class C shares are sold with a contingent deferred sales charge of up to 1.00%. Class I shares commenced operations on August 31, 2006 and are sold without sales charges to certain eligible investors through advisory fee-based wrap programs. Class L shares are sold with a sales charge of up to 4.75%. Classes R3, R4, R5 shares, which commenced operations on December 22, 2006, and Y shares are sold to certain eligible institutional investors without a sales charge. All classes of shares have identical voting, redemption, dividend, liquidation and other rights and the same terms and conditions, except that each class may have different expenses, which may affect performance, and except that Class B shares automatically convert to Class A shares after 8 years. Each of the following Funds ("Allocation Funds"): Balanced Allocation Fund, Conservative Allocation Fund, Equity Growth Allocation Fund, Growth Allocation Fund and Income Allocation Fund and ("Target Retirement Funds"): Retirement Income Fund, Target Retirement 2010 Fund, Target Retirement 2020 Fund and Target Retirement 2030 Fund is a "Fund of Funds", which invests the majority of its assets in Class Y shares of other Hartford mutual funds: domestic and international equity funds and fixed income funds ("Underlying Funds"). The Allocation Funds seek their investment goals through implementation of a strategic asset allocation recommendation provided by Hartford Investment Financial Services, LLC ("HIFSCO"), a wholly-owned indirect subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford"). The Target Retirement Funds seek their investment goals through implementation of a strategic asset allocation recommendation provided by Hartford Investment Management Company (Hartford Investment Management), a wholly-owned subsidiary of The Hartford. Ibbotson Associates, Inc. ("Ibbotson") served a as consultant to HIFSCO and Hartford Investment Management with respect to selecting the Underlying Funds and the Funds' asset allocations among the Underlying Funds until November 13, 2006, at which time Ibbotson's contracts were terminated. Each Underlying Fund's accounting policies are outlined below. Indemnifications: Under the Funds' organizational documents, their directors and officers are indemnified against certain liabilities arising out of the performance of their duties to the Funds. In addition, the Funds' enter into contracts that contain a variety of indemnifications. The Funds' maximum exposure under these arrangements is unknown. However, the Funds have not had prior claims or losses pursuant to these contracts and expect the risk of loss to be remote. 302 - -------------------------------------------------------------------------------- 2. SIGNIFICANT ACCOUNTING POLICIES: The following is a summary of significant accounting policies of the Funds, which are in accordance with U.S. generally accepted accounting principles in the investment company industry: a) Security Transactions -- Security transactions are recorded on the trade date (date the order to buy or sell is executed). Security gains and losses are determined on the basis of identified cost. Trade date for senior floating rate interests purchased in the primary market is considered the date on which the loan allocations are determined. Trade date for senior floating rate interests purchased in the secondary market is the date on which the transaction is entered into. b) Security Valuation and Investment Income -- Except for the Money Market Fund, the Funds (references to "Funds" in this section relate, if applicable, to certain Underlying Funds in the case of a Fund of Funds) generally use market prices in valuing portfolio securities. If market quotations are not readily available or are deemed unreliable, a Fund will use the fair value of the security as determined in good faith under policies and procedures established by and under the supervision of that Fund's Board of Directors. Market prices may be deemed unreliable, for example, if a security is thinly traded or if an event has occurred after the close of the exchange on which a portfolio security is principally traded but before the close of the New York Stock Exchange (the "Exchange") (normally 4:00 p.m. Eastern Time, referred to as the "Valuation Time") that is expected to affect the value of the portfolio security. The circumstances in which a Fund may use fair value pricing include, among others: (i) the occurrence of events that are significant to a particular issuer, such as mergers, restructuring or defaults; (ii) the occurrence of events that are significant to an entire market, such as natural disasters in a particular region or governmental actions; (iii) trading restrictions on securities; (iv) thinly traded securities and (v) market events such as trading halts and early market closings. In addition, with respect to the valuation of securities principally traded on foreign markets, each Fund, uses a fair value pricing service approved by that Fund's Board of Directors, which employs quantitative models to adjust for "stale" prices caused by the movement of other markets and other factors occurring after the close of the foreign markets but before the close of the Exchange. Securities that are principally traded on foreign markets may trade on days that are not business days of the Funds. Because the NAV of each Fund's shares is determined only on business days of the Funds, the value of the portfolio securities of a Fund that invests in foreign securities may change on days when a shareholder will not be able to purchase or redeem shares of the Fund. Fair value pricing is subjective in nature and the use of fair value pricing by the Funds may cause the net asset value of their respective shares to differ significantly from the net asset value that would have been calculated using market prices at the close of the exchange on which a portfolio security is principally traded but before the close of the exchange. There can be no assurance that any Fund could obtain the fair value assigned to a security if the Fund were to sell the security at approximately the time at which that Fund determines its NAV per share. Debt securities (other than short-term obligations and Senior Floating Rate Interests) held by a Fund are valued on the basis of valuations furnished by an unaffiliated pricing service which determines valuations for normal institutional size trading units of debt securities. Senior Floating Rate Interests generally trade in over-the-counter markets and are priced through an unaffiliated pricing service utilizing independent market quotations from loan dealers of financial institutions. Securities for which prices are not available from an independent pricing service, but where an active market exists, are valued using market quotations obtained from one or more dealers that make markets in the securities or from a widely-used quotation system in accordance with procedures established by that Fund's Board of Directors. Generally, each Fund may use fair valuation in regards to debt securities when a Fund holds defaulted or distressed securities or securities in a company in which reorganization is pending. Short term investments with a maturity of more than 60 days when purchased are valued based on market quotations until the remaining days to maturity become less than 61 days. The Money Market Fund's investments and investments that mature in 60 days or less are valued at amortized cost, which approximates market value. Exchange traded equity securities shall be valued at the last reported sale price on the exchange or market on which the security is primarily traded (the "Primary Market") at the Valuation Time. If the security did not trade on the Primary Market, it may be valued at the Valuation Time at the last reported sale price on another exchange where it trades. The value of an equity security not traded on any exchange but traded on the Nasdaq Stock Market, Inc. System ("Nasdaq") or another over-the-counter ("OTC") market shall be valued at the last reported sale price or official closing price on the exchange or market on which the security is traded as of the Valuation Time. If it is not possible to determine the last reported sale price or official closing price on the relevant exchange or market at the Valuation Time, the value of the security shall be taken to be the most recent bid quotation on such exchange or market at the Valuation Time. Securities of foreign issuers and non-dollar securities are translated from the local currency into U.S. dollars using the prevailing exchange rates. Options contracts on securities, currencies, indexes, futures contracts, commodities and other instruments shall be valued at their most recent sale price at the Valuation Time on the Primary Market on which the instrument is traded. If the instrument did not trade on the Primary Market, it may be valued at the most recent sales price at the Valuation Time on another exchange or market where it did trade. Futures contracts shall be valued at the final settlement price reported by the applicable futures exchange. If there were no trades as of the valuation day, then the contract shall be valued at the closing bid price as of the Valuation Time. Financial instruments for which prices are not available from an independent pricing service, but where an active market exists, are valued using market quotations obtained from one or more dealers that make markets in securities or from a widely-used quotation system in accordance with procedures established by that Fund's Board of Directors. A forward currency contract shall be valued based on the price of the underlying currency at the prevailing interpolated exchange rate, which is a combination of the spot currency rate and the forward currency rate. Spot currency rates and forward currency rates are obtained from an independent pricing service on a daily basis not more than one hour before the Valuation Time. In the event that the applicable pricing service 303 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - -------------------------------------------------------------------------------- cannot provide the spot currency rates and forward currency rates in a timely fashion, such rates may be obtained from a widely-used quotation system in accordance with procedures established by that Fund's Board of Directors. Swaps and other derivative or contractual type instruments shall be valued using market prices if such instruments trade on an exchange or market. If such instruments do not trade on an exchange or market, such instruments shall be valued at a price at which the counterparty to such contract would repurchase the instrument. In the event that the counterparty cannot provide a price, such valuation may be determined in accordance with procedures established by the Fund's Board of Directors. Investments in open-end mutual funds are valued at the respective net asset value of each open-end mutual fund on the valuation date. Dividend income is accrued as of the ex-dividend date, except that certain dividends for foreign securities where the ex-dividend date may have passed are recorded as soon as the Fund is informed of the dividend in the exercise of reasonable diligence. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis. Income and capital gain distributions from Underlying Funds are recorded on ex-dividend date. c) Foreign Currency Transactions -- The accounting records of the Funds are maintained in U.S. dollars. All assets and liabilities initially expressed in foreign currencies are converted into U.S. dollars at prevailing exchange rates. Purchases and sales of investment securities, dividend and interest income and certain expenses are translated at the rates of exchange prevailing on the respective dates of such transactions. The Funds do not isolate that portion of portfolio security valuation resulting from fluctuations in foreign currency exchange rates on portfolio securities from the fluctuations arising from changes in the market prices of securities held. Such fluctuations are included within 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. d) Securities Lending -- The Funds, except for the Money Market Fund, may lend their securities to certain qualified brokers who pay these Funds negotiated lender fees. The loans are collateralized at all times with cash, which is then invested in short-term money market instruments or U.S. government securities with a market value at least equal to the market value of the securities on loan. The adequacy of the collateral for securities on loan is monitored on a daily basis. For instances where the market value of collateral falls below the market value of the securities on loan, such collateral is supplemented on the following day. As with other extensions of credit, these Funds may bear the risk of delay in recovery of loaned securities or even loss of rights in the collateral should the borrower of the securities fail financially. e) Joint Trading Account -- Pursuant to an exemptive order issued by the SEC, the Funds may transfer uninvested cash balances into a joint trading account managed by Hartford Investment Management or Wellington Management Company LLP ("Wellington"). These balances may be invested in one or more repurchase agreements and/or short-term money market instruments. f) Repurchase Agreements -- A repurchase agreement is an agreement by which the seller of a security agrees to repurchase the security sold at a mutually agreed upon time and price. At the time the Funds enter into a repurchase agreement, the value of the underlying collateral security(ies), including accrued interest, will be equal to or exceed the value of the repurchase agreement. Securities that serve to collateralize the repurchase agreement are held by each Fund's custodian in book entry or physical form in the custodial account of the Funds or in a third party custodial account. Repurchase agreements are valued at cost plus accrued interest receivable. Certain Funds, together with other investment management companies having investment advisory agreements with Wellington, have an interest in joint repurchase agreements dated 4/30/07 in the amount of $2,032,871 due 5/1/07 with the brokers indicated in the table below. These joint repurchase agreements are collateralized as follows:
COLLATERAL COLLATERAL COLLATERAL COLLATERAL BROKER RATE PRINCIPAL VALUE SECURITY TYPE COUPON RATE MATURITY ------ ---- --------- ---------- ------------------ --------------- ------------ Banc of America Securities............. 5.24% $675,000 $688,500 FHLMC 6.00% 2037 FNMA 5.00% 2035 BNP Paribas Securities Corp. ................. 5.23% 250,000 255,001 FHLB 4.00% - 5.00% 2008 - 2015 FHLMC 4.125% - 5.75% 2009 - 2018 FNMA 4.75% - 5.17% 2007 - 2010 Deutsche Bank Securities............. 5.10% 7,871 8,041 U.S. Treasury Note 4.75% 2012 Deutsche Bank Securities............. 5.24% 335,000 341,700 FHLMC 5.00% - 6.50% 2018 - 2037 UBS Securities LLC....... 5.24% 765,000 780,303 FHLMC 4.00% - 10.50% 2008 - 2037 FNMA 5.00% - 7.50% 2013 - 2046
304 - -------------------------------------------------------------------------------- The amount to be received upon maturity of each Fund's repurchase agreement is as follows:
MATURITY FUND AMOUNT ---- -------- Advisers Fund............................................... $ 54,618 Balanced Income Fund........................................ 1,305 Capital Appreciation Fund................................... 765,788 Capital Appreciation II Fund................................ 41,866 Disciplined Equity Fund..................................... 121 Dividend and Growth Fund.................................... 118,307 Equity Income Fund.......................................... 12,438 Fundamental Growth Fund..................................... 1,233 Global Communications Fund.................................. 1,122 Global Financial Services Fund.............................. 1,023 Global Health Fund.......................................... 24,899 Global Leaders Fund......................................... 349 Global Technology Fund...................................... 255 Growth Fund................................................. 5,957 Growth Opportunities Fund................................... 62,283 International Capital Appreciation Fund..................... 15,895 International Opportunities Fund............................ 2,607 International Small Company Fund............................ 11,718 MidCap Fund................................................. 9,418 MidCap Value Fund........................................... 4,867 Small Company Fund.......................................... 11,103 SmallCap Growth Fund........................................ 3,745 Stock Fund.................................................. 3,261 Value Fund.................................................. 2,743 Value Opportunities Fund.................................... 3,799
Certain Funds, together with other investment management companies having investment advisory agreements with Hartford Investment Management, have an interest in joint repurchase agreements dated 4/30/07 in the amount of $846,221 due 5/1/07 with the brokers indicated on the table below. These joint repurchase agreements are collateralized as follows:
COLLATERAL COLLATERAL COLLATERAL COLLATERAL BROKER RATE PRINCIPAL VALUE SECURITY TYPE COUPON RATE MATURITY ------ ---- --------- ---------- ------------------- --------------- ------------ BNP Paribas Securities Corp. ................. 5.10% $250,000 $255,864 U.S. Treasury Bonds 6.875% - 8.75% 2019 - 2025 RBS Greenwich Capital Markets................ 5.10% 296,221 304,315 U.S. Treasury Note 7.50% 2016 UBS Securities, Inc. .... 5.10% 300,000 306,716 U.S. Treasury Note 2.625% 2009
The amount to be received upon maturity of each Fund's repurchase agreement is as follows:
MATURITY FUND AMOUNT ---- -------- Floating Rate Fund.......................................... $ 76,598 High Yield Fund............................................. 3,315 Income Fund................................................. 28,835 Inflation Plus Fund......................................... 448 LargeCap Growth Fund........................................ 97 MidCap Growth Fund.......................................... 124 Select MidCap Growth Fund................................... 8 Select MidCap Value Fund.................................... 384 Small Company Fund.......................................... 3,012 SmallCap Growth Fund........................................ 7,006 Total Return Bond Fund...................................... 140,614 U.S. Government Securities Fund............................. 3,914
g) Reverse Repurchase Agreements -- Each Fund may also enter into reverse repurchase agreements. Reverse repurchase agreements involve sales by a Fund of portfolio assets concurrently with an agreement by a Fund to repurchase the same assets at a later date at a fixed price. Reverse repurchase agreements carry the risk that the market value of the securities which a Fund is obligated to repurchase may decline below the repurchase price. A reverse repurchase agreement is viewed as a collateralized borrowing by a Fund. Borrowing magnifies the potential for gain or loss on the portfolio securities of a Fund and, therefore, increases the possibility of fluctuation in a Fund's net asset value. Certain Funds, as shown on the Schedule of Investments, had outstanding reverse repurchase agreements as of April 30, 2007. 305 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - -------------------------------------------------------------------------------- h) Futures and Options Transactions -- Certain Funds may invest in futures and options contracts in order to gain exposure to or protect against changes in the market. A futures contract is an agreement between two parties to buy and sell a security at a set price on a future date. When the Funds enter into futures contracts, they are required to deposit with a future commission merchant an amount of initial margin of cash, commercial paper or U.S. Treasury Bills. Subsequent payments, called maintenance margin, to and from the broker, are made on a daily basis as the price of the underlying security fluctuates, making the long and short positions in the futures contract more or less valuable (i.e., mark-to-market), which results in an unrealized gain or loss to the Funds. At any time prior to expiration of the futures contract, a Fund may close the position by taking an opposite position, which would effectively terminate the position in the futures contract. A final determination of maintenance margin is then made, additional cash is required to be paid by or released to the Fund and the Funds realize a gain or loss. The use of futures contracts involves elements of market risk, which may exceed the amounts recognized in the Statements of Assets and Liabilities. Changes in the value of the futures contracts may decrease the effectiveness of a Fund's strategies and potentially result in loss. Certain Funds, as shown in the Schedule of Investments, had outstanding futures contracts as of April 30, 2007. The premium paid by a Fund for the purchase of a call or put option is included in the Funds' Statements of Assets and Liabilities as an investment and subsequently "marked-to-market" through net unrealized appreciation (depreciation) of options to reflect the current market value of the option as of the end of the reporting period. The Funds may write covered options. "Covered" means that so long as a Fund is obligated as the writer of an option, it will own either the underlying securities or currency or an option to purchase or sell the same underlying securities or currency having an expiration date of the covered option and an exercise price equal to or less than the exercise price of the covered option, or will establish or maintain with its custodian for the term of the option a "segregated account" consisting of cash or other liquid securities having a value equal to or greater than the fluctuating market value of the option securities or currencies. A Fund receives a premium for writing a call or put option, which is recorded on the Funds' Statements of Assets and Liabilities and subsequently "marked-to-market" through net unrealized appreciation (depreciation) of options. There is a risk of loss from a change in value of such options, which may exceed the related premiums received. Transactions involving written option contracts for the Funds during the six-month period ended April 30, 2007, are summarized below:
HARTFORD CAPITAL APPRECIATION FUND OPTIONS CONTRACTS ACTIVITY DURING THE SIX-MONTH PERIOD ENDED APRIL 30, 2007 ------------------------------------------- CALL OPTIONS WRITTEN DURING THE PERIOD NUMBER OF CONTRACTS* PREMIUM AMOUNTS -------------------------------------- ---------------------- ----------------- Beginning of the period..................................... -- $ -- Written..................................................... 5,404 1,240 Expired..................................................... -- -- Closed...................................................... (5,404) (1,240) Exercised................................................... -- -- ------ ------- End of the period........................................... -- $ -- ------ -------
HARTFORD DISCIPLINED EQUITY FUND OPTIONS CONTRACTS ACTIVITY DURING THE SIX-MONTH PERIOD ENDED APRIL 30, 2007 ----------------------------------------- CALL OPTIONS WRITTEN DURING THE PERIOD NUMBER OF CONTRACTS* PREMIUM AMOUNTS -------------------------------------- --------------------- ---------------- Beginning of the period..................................... 677 $ 53 Written..................................................... 2,982 210 Expired..................................................... (1,521) (115) Closed...................................................... (1,416) (106) Exercised................................................... -- -- ------ ----- End of the period........................................... 722 $ 42 ------ -----
HARTFORD DISCIPLINED EQUITY FUND OPTIONS CONTRACTS ACTIVITY DURING THE SIX-MONTH PERIOD ENDED APRIL 30, 2007 ----------------------------------------- PUT OPTIONS WRITTEN DURING THE PERIOD NUMBER OF CONTRACTS* PREMIUM AMOUNTS ------------------------------------- --------------------- ---------------- Beginning of the period..................................... -- $-- Written..................................................... 435 36 Expired..................................................... (45) (4) Closed...................................................... (39) (2) Exercised................................................... -- -- --- --- End of the period........................................... 351 $30 --- ---
* The number of contracts does not omit 000's. 306 - -------------------------------------------------------------------------------- i) Forward Foreign Currency Contracts -- At April 30, 2007, certain Funds, as shown in the Schedule of Investments, entered into forward foreign currency contracts that obligate the Funds to repurchase/replace or sell currencies at specified future dates. The Funds enter into forward foreign currency contracts to hedge against adverse fluctuations in exchange rates between currencies. Forward foreign currency contracts involve elements of market risk in excess of the amount 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 foreign currencies relative to the U.S. dollar. j) Indexed Securities -- The Funds may invest in indexed securities whose values are linked to changes in interest rates, indices, or other underlying instruments. The Funds use these securities to increase or decrease their exposure to different underlying instruments and to gain exposure to markets that might be difficult to invest in using conventional securities. Indexed securities may be more volatile than their underlying instruments, but any loss is limited to the amount of the original investment and there may be a limit to the potential appreciation of the investment. Certain Funds have investments in indexed securities, as of April 30, 2007, as shown in the Schedules of Investments under Exchange Traded Funds. k) (1) Federal Income Taxes -- For federal income tax purposes, the Funds intend to continue to qualify as regulated investment companies under Subchapter M of the Internal Revenue Code (IRC) by distributing substantially all of their taxable net investment income and net realized capital gains to their shareholders and otherwise complying with the requirements of regulated investment companies. The Funds have distributed substantially all of their income and capital gains in prior years and each Fund intends to distribute substantially all of its income and gains during the calendar year ending December 31, 2007. Accordingly, no provision for federal income 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. k) (2) The tax character of distributions paid for the periods indicated is as follows (as adjusted for dividends payable):
FOR THE YEAR ENDED OCTOBER 31, 2006 FOR THE YEAR ENDED OCTOBER 31, 2005 ------------------------------------------------ ------------------------------------- TAX LONG-TERM TAX LONG-TERM EXEMPT ORDINARY CAPITAL TAX RETURN EXEMPT ORDINARY CAPITAL INCOME(B) INCOME GAINS& OF CAPITAL INCOME INCOME GAINS --------- -------- --------- ---------- -------- ---------- ----------- Advisers Fund................. $ -- $28,170 $ -- $ -- $ -- $37,568 $ -- Balanced Allocation Fund...... -- 9,607 300 -- -- 2,330 -- Balanced Income Fund#......... -- 60 -- -- -- -- -- Capital Appreciation Fund..... -- 60,755 884,027 -- -- -- -- Capital Appreciation II Fund........................ -- 1,192 -- -- -- -- -- Conservative Allocation Fund........................ -- 3,915 685 -- -- 1,501 -- Disciplined Equity Fund....... -- 878 -- -- -- 2,192 -- Dividend and Growth Fund...... -- 52,205 98,292 -- -- 31,677 26,222 Equity Growth Allocation Fund........................ -- 91 552 -- -- 39 -- Equity Income Fund............ -- 12,225 -- -- -- 8,509 -- Floating Rate Fund*........... -- 77,852 -- -- -- 2,825 -- Fundamental Growth Fund....... -- 321 -- -- -- 34 -- Global Communications Fund.... -- 333 -- -- -- 106 -- Global Financial Services Fund........................ -- 167 -- -- -- 198 -- Global Health Fund............ -- 14,523 17,300 -- -- -- 15,627 Global Leaders Fund........... -- 919 7,457 -- -- -- -- Growth Allocation Fund........ -- 2,935 776 -- -- 306 -- Growth Opportunities Fund..... -- -- 69,508 -- -- -- -- High Yield Fund............... -- 20,130 -- -- -- 21,926 -- Income Allocation Fund........ -- 1,498 -- -- -- 882 -- Income Fund................... -- 3,796 -- -- -- 2,379 160 Inflation Plus Fund........... -- 33,608 3,229 -- -- 34,177 4,354 International Captial Appreciation Fund........... -- 2,096 1,965 -- -- -- -- International Opportunities Fund........................ -- 509 -- -- -- -- -- International Small Company Fund........................ -- 10,298 5,091 -- -- 8,255 733 MidCap Fund................... -- 63,745 411,745 -- -- -- 55,053 MidCap Value Fund............. -- 13,883 30,157 -- -- 10,451 20,593 Money Market Fund............. -- 9,518 -- -- -- 4,587 -- Retirement Income Fund@....... -- 18 -- -- -- -- -- Select MidCap Growth Fund(a)..................... -- 192 -- -- -- -- -- Select MidCap Value Fund...... -- 649 -- -- -- -- -- Short Duration Fund........... -- 4,804 -- -- -- 4,345 -- Stock Fund.................... -- 2,297 -- -- -- 6,624 -- Target Retirement 2010 Fund... -- 21 -- 3 -- -- -- Target Retirement 2020 Fund... -- 17 -- -- -- -- --
307 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
FOR THE YEAR ENDED OCTOBER 31, 2006 FOR THE YEAR ENDED OCTOBER 31, 2005 ------------------------------------------------ ------------------------------------- TAX LONG-TERM TAX LONG-TERM EXEMPT ORDINARY CAPITAL TAX RETURN EXEMPT ORDINARY CAPITAL INCOME(B) INCOME GAINS& OF CAPITAL INCOME INCOME GAINS --------- -------- --------- ---------- -------- ---------- ----------- Target Retirement 2030 Fund... $ -- $ 3 $ -- $ 4 $ -- $ -- $ -- Tax-Free California Fund...... 800 -- 12 -- 633 -- -- Tax-Free Minnesota Fund....... 1,373 57 -- -- 1,381 -- 85 Tax-Free National Fund........ 4,528 698 -- -- 3,716 -- 79 Tax-Free New York Fund........ 555 6 26 -- 486 -- 22 Total Return Bond Fund........ -- 32,844 1,319 -- -- 23,616 954 U.S. Government Securities Fund........................ -- 9,827 -- -- -- 10,868 -- Value Fund.................... -- 1,254 -- -- -- 537 -- Value Opportunities Fund...... -- 5,423 5,424 -- -- -- --
(a) For the period January 1, 2005 (commencement of operations) through October 31, 2005. * For the period April 29, 2005 (commencement of operations) through October 31, 2005. @ For the period September 30, 2005 (commencement of operations) through October 31, 2005. # For the period July 31, 2005 (commencement of operations) through October 31, 2006. & The Funds designate these distributions as long-term capital dividends per IRC code Sec. 852(b)(3)(C). (b) The Funds designate these distributions as exempt interest per IRC Sec. 852(b)(5). As of October 31, 2006, the components of distributable earnings (deficit) on a tax basis are as follows:
TOTAL UNDISTRIBUTED UNDISTRIBUTED ACCUMULATED UNREALIZED ACCUMULATED ORDINARY LONG-TERM CAPITAL GAINS APPRECIATION EARNINGS INCOME CAPITAL GAIN (LOSSES)* (DEPRECIATION)@ (DEFICIT) ------------- ------------- ------------- --------------- ----------- Advisers Fund......................... $ 3,014 $ 9,545 $ -- $ 64,866 $ 77,425 Balanced Allocation Fund.............. 1,354 16,039 -- 50,973 68,366 Balanced Income Fund.................. 42 -- (19) 433 456 Capital Appreciation Fund............. 455,043 740,551 -- 2,057,923 3,253,517 Capital Appreciation II Fund.......... 7,431 1,619 -- 22,502 31,552 Conservative Allocation Fund.......... 633 3,535 -- 5,872 10,040 Disciplined Equity Fund............... 1,454 -- (60,695) 54,401 (4,840) Dividend and Growth Fund.............. 15,041 201,659 -- 618,951 835,651 Equity Growth Allocation Fund......... -- 4,107 -- 22,058 26,165 Equity Income Fund.................... 1,642 25,507 -- 84,331 111,480 Floating Rate Fund.................... 2,092 -- (1,227) (4,286) (3,421) Fundamental Growth Fund............... -- -- (1,063) 484 (579) Global Communications Fund............ 368 81 -- 1,741 2,190 Global Financial Services Fund........ 180 1,748 -- 5,261 7,189 Global Health Fund.................... 6,779 21,946 -- 99,419 128,144 Global Leaders Fund................... 15,315 22,226 -- 100,848 138,389 Global Technology Fund................ -- -- (51,195) 6,756 (44,439) Growth Allocation Fund................ -- 14,424 -- 58,976 73,400 Growth Fund........................... -- 86,481 -- 84,969 171,450 Growth Opportunities Fund............. 26,275 63,092 -- 143,030 232,397 High Yield Fund&...................... 88 -- (81,637) 2,886 (78,663) Income Allocation Fund................ 5 -- (38) (590) (623) Income Fund........................... 10 -- (573) 616 53 Inflation Plus Fund................... 4,022 -- (8,467) (20,288) (24,733) International Capital Appreciation Fund................................ 20,540 10,238 -- 46,107 76,885 International Opportunities Fund&..... 1,672 7.575 (2,430) 28,271 35,088 International Small Company Fund...... 16,470 9,615 -- 15,397 41,482 MidCap Fund........................... 42,382 438,996 -- 361,743 843,121 MidCap Growth Fund.................... 116 -- -- 539 655 MidCap Value Fund..................... 14,003 44,859 -- 71,291 130,153 Retirement Income Fund................ -- -- -- 14 14 Select MidCap Growth Fund............. 1,264 682 -- 1,154 3,100 Select MidCap Value Fund.............. 2,386 539 -- 5,904 8,829 Select SmallCap Value Fund............ 164 12 -- 1,311 1,487 Short Duration Fund................... 1 -- (2,224) (664) (2,887) Small Company Fund.................... -- 34,677 -- 34,260 68,937 SmallCap Growth Fund.................. -- -- (168) 29,053 28,885
308 - --------------------------------------------------------------------------------
TOTAL UNDISTRIBUTED UNDISTRIBUTED ACCUMULATED UNREALIZED ACCUMULATED ORDINARY LONG-TERM CAPITAL GAINS APPRECIATION EARNINGS INCOME CAPITAL GAIN (LOSSES)* (DEPRECIATION)@ (DEFICIT) ------------- ------------- ------------- --------------- ----------- Stock Fund............................ $ 4,120 $ -- $(303,982) $ 54,017 $ (245,845) Target Retirement 2010 Fund........... -- -- -- 45 45 Target Retirement 2020 Fund........... 3 3 -- 82 88 Target Retirement 2030 Fund........... -- -- -- 82 82 Tax-Free California Fund.............. 2 -- (5) 954 951 Tax-Free Minnesota Fund............... 34 173 -- 1,578 1,785 Tax-Free National Fund................ 3 372 -- 6,313 6,688 Tax-Free New York Fund................ 2 85 -- 596 683 Total Return Bond Fund................ 574 -- (9,223) 2,899 (5,750) U.S. Government Securities Fund....... 11 -- (18,780) 1,804 (16,965) Value Fund............................ 1,379 15,190 -- 25,598 42,167 Value Opportunities Fund.............. 6,712 15,916 -- 35,381 58,009
* Certain Funds had capital loss carryforwards that are identified in Note 2(j)(4). @ The differences between book-basis and tax-basis unrealized appreciation (depreciation) are attributable primarily to the tax deferral of wash sale losses, the mark-to-market adjustment for certain derivatives in accordance with IRC Sec. 1256, the mark to market for Passive Foreign Investment Companies and basis differences in real estate investment trusts. & Capital Loss carryover is subject to IRC Sec. 382 limitations. k) (3) Reclassification of Capital Accounts: In accordance with American Institute of Certified Public Accountants Statement of Position 93-2, Determination, Disclosure, and Financial Statement Presentation of Income, Capital Gain, and Return of Capital Distributions by Investment Companies, the Funds have recorded several reclassifications in their capital accounts. These reclassifications had no impact on the net asset value of the Funds and are designed generally to present accumulated undistributed (distribution in excess of) net investment income and realized gain loss on investments on a tax basis which is considered to be more informative to the shareholder. The reclassifications are a result of permanent differences between GAAP and tax accounting for such items as foreign currency, expiration of capital loss carryforwards, distributions upon redemptions and net operating losses that reduce capital gain distribution requirements. 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 net investment income, from net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the period ended October 31, 2006, the Funds recorded the following reclassifications to increase (decrease) the accounts listed below.
UNDISTRIBUTED ACCUMULATED NET INVESTMENT NET REALIZED PAID-IN INCOME (LOSS) GAIN (LOSS) CAPITAL -------------- ------------ ------- Advisers Fund............................................... $ 187 $ (280) $ 93 Balanced Allocation Fund.................................... 1,564 (1,564) -- Balanced Income Fund........................................ 9 -- (9) Capital Appreciation Fund................................... (3,043) 3,386 (343) Capital Appreciation II Fund................................ 583 (586) 3 Conservative Allocation Fund................................ 458 (458) -- Disciplined Equity Fund..................................... (37) 21 16 Dividend and Growth Fund.................................... (194) 194 -- Equity Growth Allocation Fund............................... 1,539 (1,539) -- Equity Income Fund.......................................... (39) 39 -- Floating Rate Fund.......................................... 1,328 (1,328) -- Fundamental Growth Fund..................................... 110 18 (128) Global Communications Fund.................................. (21) 21 -- Global Financial Services Fund.............................. 1 (1) -- Global Health Fund.......................................... 3,491 (3,492) 1 Global Leaders Fund......................................... 519 (519) -- Global Technology Fund...................................... 632 19 (651) Growth Allocation Fund...................................... 2,317 (2,317) -- Growth Fund................................................. 4,664 243 (4,907) Growth Opportunities Fund................................... 3,351 (3,351) -- High Yield Fund............................................. (61) 61 -- Income Allocation Fund...................................... 33 (33) -- Income Fund................................................. (31) 31 -- Inflation Plus Fund......................................... (244) 244 --
309 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
UNDISTRIBUTED ACCUMULATED NET INVESTMENT NET REALIZED PAID-IN INCOME (LOSS) GAIN (LOSS) CAPITAL -------------- ------------ ------- International Capital Appreciation Fund..................... $ (26) $ (203) $ 229 International Opportunities Fund............................ (23) 23 -- International Small Company Fund............................ 3,830 (3,830) -- MidCap Fund................................................. 10,396 (10,654) 258 MidCap Growth Fund.......................................... 10 -- (10) MidCap Value Fund........................................... 539 (539) -- Retirement Income Fund...................................... 6 -- (6) Select MidCap Growth Fund................................... 368 (371) 3 Select MidCap Value Fund.................................... 107 (107) -- Select SmallCap Value Fund.................................. 12 3 (15) Short Duration Fund......................................... 17 (17) -- Small Company Fund.......................................... 3,588 141 (3,729) SmallCap Growth Fund........................................ 1,069 93 (1,162) Stock Fund.................................................. 214 (214) -- Target Retirement 2010 Fund................................. (1) -- 1 Target Retirement 2020 Fund................................. 7 (7) -- Target Retirement 2030 Fund................................. 1 -- (1) Total Return Bond Fund...................................... (101) 101 -- U.S. Government Securities Fund............................. 39 (39) -- Value Fund.................................................. (14) 14 -- Value Opportunities Fund.................................... (28) 28 --
k) (4) Capital Loss Carryforwards: As of October 31, 2006 (tax year-end), the following Funds had capital loss carryforwards for U.S. federal income tax purposes as follows:
YEAR OF EXPIRATION ---------------------------------------------------------------------------------------------- FUND 2007 2008 2009 2010 2011 2012 2013 2014 TOTAL ---- ------ ------- ------- -------- -------- ------ ------ ------ -------- Balanced Income Fund........ $ -- $ -- $ -- $ -- $ -- $ -- $ -- $ 19 $ 19 Disciplined Equity Fund..... -- -- -- 34,059 26,636 -- -- -- 60,695 Floating Rate Fund.......... -- -- -- -- -- -- -- 1,227 1,227 Fundamental Growth Fund..... -- -- -- -- 1,063 -- -- -- 1,063 Global Technology Fund...... -- -- 16,302 34,893 -- -- -- -- 51,195 High Yield Fund............. 2,778 19,805 1,643 25,246 28,570 -- -- 3,595 81,637 Income Allocation Fund...... -- -- -- -- -- -- -- 38 38 Income Fund................. -- -- -- -- -- -- 311 262 573 Inflation Plus Fund......... -- -- -- -- -- -- -- 8,467 8,467 International Opportunities Fund...................... 1,701 729 -- -- -- -- -- -- 2,430 Short Duration Fund......... -- -- -- -- 221 295 977 731 2,224 SmallCap Growth Fund........ -- -- -- -- 168 -- -- -- 168 Stock Fund.................. -- -- -- 107,964 196,018 -- -- -- 303,982 Tax-Free California Fund.... -- -- -- -- -- -- -- 5 5 Total Return Bond Fund...... -- -- -- -- -- -- -- 9,223 9,223 U.S. Government Securities Fund...................... -- 2,205 3,597 -- 672 3,591 2,517 6,198 18,780
In accordance with Section 382 of the Internal Revenue Code, utilization of all or a portion of the above capital loss carryforwards (acquired via merger) is limited on an annual basis in the amounts as follows:
ANNUAL ACQUIRING FUND LIMITATION -------------- ---------- High Yield Fund............................................. $3,813 International Opportunities Fund............................ 960
l) Fund Share Valuation and Dividend Distributions to Shareholders -- Orders for a Fund's shares are executed in accordance with the investment instructions of the shareholders. The net asset value of each Fund's shares is determined as of the close of each business day of the Exchange. The net asset value per share is determined separately for each class of each Fund by dividing the Fund's net assets attributable to that class by the number of shares of the class outstanding. Orders for the purchase of a Fund's shares received prior to the close of the Exchange on any day on which the Exchange is open for business are priced at the per-share net asset value determined as of the close of the 310 - -------------------------------------------------------------------------------- Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined per-share net asset value. Each Fund intends to distribute substantially all of its net investment income and net realized capital gains to shareholders no less frequently than once a year. Normally, dividends from net investment income of Capital Appreciation Fund, Capital Appreciation II Fund, Disciplined Equity Fund, Equity Growth Allocation Fund, Fundamental Growth Fund, Global Communications Fund, Global Financial Services Fund, Global Health Fund, Global Leaders Fund, Global Technology Fund, Growth Allocation Fund, Growth Fund, Growth Opportunities Fund, International Capital Appreciation Fund, International Opportunities Fund, International Small Company Fund, LargeCap Growth Fund, MidCap Fund, MidCap Growth Fund, MidCap Value Fund, Select MidCap Growth Fund, Select MidCap Value Fund, Select SmallCap Value Fund, Small Company Fund, SmallCap Growth Fund, Stock Fund, Target Retirement 2030 Fund, Value Fund, and Value Opportunities Fund are declared and paid annually; dividends from net investment income of Advisers Fund, Balanced Allocation Fund, Balanced Income Fund, Conservative Allocation Fund, Dividend and Growth Fund, Equity Income Fund, Target Retirement 2010 Fund and Target Retirement 2020 Fund are declared and paid quarterly; dividends from the net investment income of Income Allocation Fund and Retirement Income Fund are declared and paid monthly and dividends from net investment income of Floating Rate Fund, High Yield Fund, Income Fund, Inflation Plus Fund, Money Market Fund, Short Duration Fund, Tax-Free California Fund, Tax-Free Minnesota Fund, Tax-Free National Fund, Tax-Free New York Fund, Total Return Bond Fund and U.S. Government Securities Fund are declared daily and paid monthly. Dividends are paid on shares beginning on the business day after the day when the funds used to purchase your shares are collected by the transfer agent for the funds declaring daily dividends. Long-term capital gains distributions received from the underlying funds are distributed to shareholders at least annually, when required. Unless shareholders specify otherwise, all dividends and distributions will be automatically reinvested in additional full or fractional shares of each Fund. Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. generally accepted accounting principles with respect to character and timing. These differences include the treatment of non-taxable dividends, expiring capital loss carryforwards, foreign currency gains and losses, losses deferred due to wash sales and excise tax regulations. Permanent book and federal income tax basis differences relating to shareholder distributions will result in reclassifications to certain of the Funds' capital accounts (see Note 2(j),(3)). m) Illiquid and Restricted Securities -- Each Fund is permitted to invest up to 15% of its net assets in illiquid securities or other illiquid investments, except for Inflation Plus Fund and Money Market Fund, which may invest up to 10% in such securities. "Illiquid Securities" are those that may not be sold or disposed of in the ordinary course of business within seven days, at approximately the price used to determine a Fund's net asset value per share. A Fund may not be able to sell illiquid securities or other investments when its sub-adviser considers it desirable to do so or may have to sell such securities or investments at a price that is lower than the price that could be obtained if the securities or investments were more liquid. A sale of illiquid securities or other investments may require more time and may result in higher dealer discounts and other selling expenses than does the sale of those that are liquid. Illiquid securities and investments also may be more difficult to value, due to the unavailability of reliable market quotations such securities or investments, may have an adverse impact on net asset value. Each Fund may also purchase certain restricted securities, commonly known as Rule 144A securities, that can be resold to qualifying institutions and which may be determined to be liquid pursuant to policies and guidelines established by that Fund's Board of Directors. n) Securities Purchased on a When-Issued or Delayed-Delivery Basis -- Delivery and payment for securities that have been purchased by the Funds on a forward commitment or when-issued or delayed-delivery basis take place beyond the customary settlement period. During this period, such securities are subject to market fluctuations, and the Funds identify securities segregated in their records with value at least equal to the amount of the commitment. As of April 30, 2007, the Funds entered into outstanding when-issued or forward commitments as follows:
FUND COST ---- -------- Advisers Fund............................................... $ 4,459 Floating Rate Fund.......................................... 371,921 High Yield.................................................. 6,103 Income Fund................................................. 5,469 Inflation Plus Fund......................................... 1,000 Tax-Free California Fund.................................... 600 Tax-Free National Fund...................................... 1,476 Total Return Bond Fund...................................... 228,773
o) Credit Risk -- Credit risk depends largely on the perceived financial health of bond issuers. In general, lower rated bonds have higher credit risks. High yield bond prices can fall on bad news about the economy, an industry or a company. The share price, yield and total return of a fund which holds securities with higher credit risk may fluctuate more than with less aggressive bond funds. p) Senior Floating Rate Interests -- Certain Funds, as shown in the Schedules of Investments, may invest in senior floating rate interests. Senior floating rate interests hold the most senior position in the capital structure of a business entity (the "Borrower"), are typically secured by specific collateral and have a claim on the assets and/or stock of the Borrower that is senior to that held by subordinated debtholders and stockholders of the Borrower. Senior floating rate interests are typically structured and administered by a financial institution that acts as the agent of the lenders participating in the senior floating rate interest. Senior floating rate interests are rated below-investment-grade, which means they are more likely to default than investment-grade loans. A default could lead to non-payment of income which would result in a reduction of income to the Fund and there can be no assurance that the liquidation of any collateral would satisfy the Borrower's obligation in the event of non-payment of scheduled interest or principal payments, or that such collateral could be readily liquidated. 311 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - -------------------------------------------------------------------------------- q) Prepayment Risks -- Most senior floating rate interests and certain debt securities allow for prepayment of principal without penalty. Senior floating rate interests and securities subject to prepayment risk generally offer less potential for gains when interest rates decline, and may offer a greater potential for loss when interest rates rise. In addition, with respect to securities, rising interest rates may cause prepayments to occur at a slower than expected rate, thereby effectively lengthening the maturity of the security and making the security more sensitive to interest rate changes. Prepayment risk is a major risk of mortgage-backed securities and certain asset-backed securities. Accordingly, the potential for the value of a senior floating rate interests or securities to increase in response to interest rate declines is limited. For certain asset-backed securities the actual maturity may be less than the stated maturity shown in the Schedules of Investments. As a result, the timing of income recognition relating to these securities may vary based upon actual maturity. Senior floating rate interests or debt securities purchased to replace a prepaid loan or debt security may have lower yields than the yield on the prepaid loan or debt security. Senior floating rate interests generally are subject to mandatory and/or optional prepayment. Because of these mandatory prepayment conditions and because there may be significant economic incentives for the Borrower to repay, prepayments of senior floating rate interests may occur. As a result, the actual remaining maturity of senior floating rate interests may be substantially less than stated maturities shown in the Schedules of Investments. r) Use of Estimates -- The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements and the reported amounts of income and expenses during the period. Operating results in the future could vary from the amounts derived from management's estimates. s) Swaps -- Certain Funds may enter into event linked swaps, including credit default swaps. The credit default swap market allows a Fund to manage credit risk through buying and selling credit protection on a specific issuer, an index, or a basket of issuers. The transactions are documented through swap documents. A "buyer" of credit protection agrees to pay a counterparty to assume the credit risk of an issuer upon the occurrence of certain events. The "seller" of the protection receives periodic payments and agrees to assume the credit risk of an issuer upon the occurrence of certain events. A "seller's" exposure is limited to the total notional amount of the credit default swap contract. A Fund will generally not buy protection on issuers that are not currently held by such Fund. Certain Funds, as shown in the Schedule of Investments, had outstanding swaps as of April 30, 2007. Certain Funds may enter into interest rate swaps. In a typical interest rate swap, one party agrees to make regular payments equal to a floating interest rate multiplied by a "notional principal amount," in return for payments equal to a fixed rate multiplied by the same amount, for a specific period of time. If a swap agreement provides for payments in different currencies, the parties might agree to exchange the notional principal amount as well. Swaps may also depend on other prices or rates, such as the value of an index or mortgage prepayment rates. t) Financial Accounting Standards Board Interpretation No. 48 -- On July 13, 2006, the Financial Accounting Standards Board (FASB) released FASB Interpretation No. 48 "Accounting for Uncertainty in Income Taxes" ("FIN 48"). FIN 48 provides guidance for how uncertain tax positions should be recognized, measured, presented and disclosed in the financial statements. FIN 48 requires the evaluation of tax positions taken or expected to be taken in the course of preparing a Funds' tax returns to determine whether the tax positions are "more-likely-than-not" of being sustained by the applicable tax authority. Tax positions not deemed to meet the more-likely-than-not threshold would be recorded as a tax benefit or expense in the current year. Adoption of FIN 48 is required for fiscal years beginning after December 15, 2006, but not before its last NAV calculation in the first required financial statement reporting period for its fiscal year beginning after December 15, 2006, and is to be applied to all open tax years as of no later than June 29, 2007. At this time, management is evaluating the implications of FIN 48 and its impact in the Funds' financial statements has not yet been determined. u) Financial Accounting Standards Board Financial Accounting Standard No. 157 -- In September 2006, FASB issued Statement of Financial Accounting Standards No. 157, "Fair Value Measurements" ("FAS 157"). This standard clarifies the definition of fair value for financial reporting, establishes a framework for measuring fair value and requires additional disclosures about the use of fair value measurements. FAS 157 is effective for the Funds' financial statements issued for fiscal years beginning after November 15, 2007, and interim periods within those fiscal years. As of April 30, 2007, the Funds do not believe the adoption of FAS 157 will impact the amounts reported in the financial statements, however, additional disclosures will be required about the inputs used to develop the measurements of fair value and the effect of certain measurements reported in the Statements of Operations for a fiscal period. 3. EXPENSES: a) Investment Management and Advisory Agreements -- HIFSCO serves as investment manager to each Fund pursuant to an Investment Advisory Agreement for The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc. As investment manager, HIFSCO has overall investment supervisory responsibility for each Fund. In addition, HIFSCO provides administrative personnel, services, equipment and facilities and office space for proper operation of the Funds. HIFSCO has contracted with Wellington for the provision of day-to-day investment management services to Advisers Fund, Balanced Income Fund, Capital Appreciation Fund, Capital Appreciation II Fund, Disciplined Equity Fund, Dividend and Growth Fund, Equity Income Fund, Fundamental Growth Fund, Global Communications Fund, Global Financial Services Fund, Global Health Fund, Global Leaders Fund, Global Technology Fund, Growth Fund, Growth Opportunities Fund, International Capital Appreciation Fund, International Opportunities Fund, International Small Company Fund, MidCap Fund, MidCap Value Fund, Small Company Fund, SmallCap Growth Fund, Stock Fund, Value Fund and Value Opportunities Fund in accordance with each Fund's investment objective and policies. In addition, HIFSCO has contracted with Hartford Investment Management, for the provision of day to day investment management services for Floating Rate Fund, High Yield Fund, Income Fund, Inflation Plus Fund, LargeCap Growth Fund, MidCap Growth Fund, Money Market Fund, Retirement Income Fund, Select MidCap Growth Fund, Select MidCap Value Fund, Short Duration Fund, Small Company Fund, SmallCap Growth Fund, Target Retirement 2010 Fund, Target Retirement 2020 Fund, Target Retirement 2030 Fund, Tax- 312 - -------------------------------------------------------------------------------- Free California Fund, Tax-Free Minnesota Fund, Tax-Free National Fund, Tax-Free New York Fund, Total Return Bond Fund and U.S. Government Securities Fund. HIFSCO has contracted for the provision of day to day investment management services with Kayne Anderson Rudnick Investment Management, LLC ("KAR"), Metropolitan West Capital Management, LLC ("MetWest Capital") and SSgA Funds Management, Inc. ("SSgA FM") for Select SmallCap Value Fund. Each Fund pays a fee to HIFSCO, a portion of which may be used to compensate Hartford Investment Management, KAR, MetWest Capital, SSgA FM and Wellington, as applicable. The schedule below reflects the rates of compensation paid to HIFSCO for investment advisory services rendered during the six-month period ended April 30, 2007; the rates are accrued daily and paid monthly: CAPITAL APPRECIATION II FUND
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $250 million.............................................. 1.00% On next $250 million............................................... 0.95% On next $500 million............................................... 0.90% Over $1 billion.................................................... 0.85%
SELECT SMALLCAP VALUE FUND
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $500 million.............................................. 1.00% On next $500 million............................................... 0.95% Over $1 billion.................................................... 0.90%
GROWTH FUND, GROWTH OPPORTUNITIES FUND AND VALUE OPPORTUNITIES FUND
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $100 million.............................................. 1.00% On next $150 million............................................... 0.80% Over $250 million.................................................. 0.70%
GLOBAL COMMUNICATIONS FUND, GLOBAL FINANCIAL SERVICES FUND, GLOBAL HEALTH FUND, GLOBAL TECHNOLOGY FUND, INTERNATIONAL CAPITAL APPRECIATION FUND AND INTERNATIONAL SMALL COMPANY FUND
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $500 million.............................................. 0.90% On next $500 million............................................... 0.85% Over $1 billion.................................................... 0.80%
SMALL COMPANY FUND
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $250 million.............................................. 0.85% On next $250 million............................................... 0.80% On next $500 million............................................... 0.75% On next $500 million............................................... 0.70% Over $1.5 billion.................................................. 0.65%
GLOBAL LEADERS FUND, INTERNATIONAL OPPORTUNITIES FUND, MIDCAP FUND AND MIDCAP VALUE FUND
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $500 million.............................................. 0.85% On next $500 million............................................... 0.75% Over $1 billion.................................................... 0.70%
MIDCAP GROWTH FUND(1)
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $500 million.............................................. 0.80% On next $500 million............................................... 0.75% Over $1 billion.................................................... 0.70%
(1) Effective November 1, 2006, HIFSCO has voluntarily agreed to waive the management fees until July 31, 2007. TAX-FREE NATIONAL FUND(2)
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $50 million............................................... 0.80% On next $4.95 billion.............................................. 0.70% On next $5.0 billion............................................... 0.68% Over $10 billion................................................... 0.67%
(2) Effective November 1, 2006, HIFSCO has voluntarily agreed to waive management fees of 0.15% of average total net assets until October 31, 2007. 313 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - -------------------------------------------------------------------------------- CAPITAL APPRECIATION FUND, DISCIPLINED EQUITY FUND, EQUITY INCOME FUND(3), STOCK FUND(4) AND VALUE FUND
AVERAGE DAILY NET ASSETS ANNUAL RATE - ------------------------ ----------- On first $500 million.............................................. 0.80% On next $500 million............................................... 0.70% Over $1 billion.................................................... 0.65%
(3) Effective November 1, 2006, HIFSCO has voluntarily agreed to waive management fees of 0.10% of average total net assets until October 31, 2007. (4) Effective November 1, 2006, HIFSCO has voluntarily agreed to waive management fees of 0.05% of average total net assets until October 31, 2007. DIVIDEND AND GROWTH FUND
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $500 million.............................................. 0.75% On next $500 million............................................... 0.65% Over $1 billion.................................................... 0.60%
HIGH YIELD FUND(5)
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $500 million.............................................. 0.75% On next $500 million............................................... 0.65% On next $4 billion................................................. 0.60% On next $5 billion................................................. 0.58% Over $10 billion................................................... 0.57%
(5) Effective November 1, 2006, HIFSCO has voluntarily agreed to waive management fees of 0.20% of average total net assets until October 31, 2007. BALANCED INCOME FUND
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $250 million.............................................. 0.725% On next $250 million............................................... 0.700% On next $500 million............................................... 0.675% Over $1 billion.................................................... 0.650%
TAX-FREE MINNESOTA FUND(6)
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $50 million............................................... 0.72% On next $4.95 billion.............................................. 0.70% On next $5 billion................................................. 0.68% Over $10 billion................................................... 0.67%
(6) Effective November 1, 2006, HIFSCO has voluntarily agreed to waive management fees of 0.15% of average total net assets until October 31, 2007. LARGECAP GROWTH FUND
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $500 million.............................................. 0.65% On next $500 million............................................... 0.60% Over $1 billion.................................................... 0.55%
ADVISERS FUND(7)
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $500 million.............................................. 0.690% On next $500 million............................................... 0.625% Over $1 billion.................................................... 0.575%
(7) Effective November 1, 2006, HIFSCO has voluntarily agreed to waive management fees of 0.05% of average total net assets until October 31, 2007. FLOATING RATE FUND
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $500 million.............................................. 0.65% On next $4.5 billion............................................... 0.60% On next $5.0 billion............................................... 0.58% Over $10 billion................................................... 0.57%
314 - -------------------------------------------------------------------------------- INCOME FUND AND INFLATION PLUS FUND(8)
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $500 million.............................................. 0.60% On next $4.5 billion............................................... 0.55% On next $5.0 billion............................................... 0.53% Over $10 billion................................................... 0.52%
(8) Effective November 1, 2006, HIFSCO has voluntarily agreed to waive management fees of 0.10% of average total net assets until October 31, 2007. U.S. GOVERNMENT SECURITIES FUND
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $50 million............................................... 0.60% On next $450 million............................................... 0.55% On next $4.5 billion............................................... 0.50% On next $5.0 billion............................................... 0.48% Over $10 billion................................................... 0.47%
TOTAL RETURN BOND FUND
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $500 million.............................................. 0.550% On next $500 million............................................... 0.525% On next $4.0 billion............................................... 0.500% On next $5.0 billion............................................... 0.480% Over $10 billion................................................... 0.470%
SHORT DURATION FUND, TAX-FREE CALIFORNIA FUND AND TAX-FREE NEW YORK FUND
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $500 million.............................................. 0.55% On next $4.5 billion............................................... 0.50% On next $5 billion................................................. 0.48% Over $10 billion................................................... 0.47%
SMALLCAP GROWTH FUND(9)
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $100 million.............................................. 1.00% On next $150 million............................................... 0.80% On next $250 million............................................... 0.70% Over $500 million.................................................. 0.65%
(9) Effective November 11, 2006, HIFSCO agreed to permanently reduce its management fees for this Fund. Prior to November 11, 2006, the schedule was as follows:
AVERAGE DAILY NET ASSETS ANNUAL FEE ------------------------ ----------- On first $100 million.............................................. 1.00% On next $150 million............................................... 0.80% Over $250 million.................................................. 0.70%
FUNDAMENTAL GROWTH FUND(10)
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $500 million.............................................. 0.85% On next $500 million............................................... 0.80% Over $1 billion.................................................... 0.75%
(10) Effective March 30, 2007, HIFSCO agreed to permanently reduce its management fees for this Fund. Prior to March 30, 2007, the schedule was as follows:
AVERAGE DAILY NET ASSETS ANNUAL FEE ------------------------ ----------- On first $500 million.............................................. 0.90% On next $500 million............................................... 0.85% Over $1 billion.................................................... 0.80%
BALANCED ALLOCATION FUND, CONSERVATIVE ALLOCATION FUND, EQUITY GROWTH ALLOCATION FUND, GROWTH ALLOCATION FUND, INCOME ALLOCATION FUND, RETIREMENT INCOME FUND, TARGET RETIREMENT 2010 FUND, TARGET RETIREMENT 2020 FUND AND TARGET RETIREMENT 2030 FUND
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $500 million.............................................. 0.15% Over $500 million.................................................. 0.10%
MONEY MARKET FUND
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $500 million.............................................. 0.50% On next $500 million............................................... 0.45% On next $4.0 billion............................................... 0.40% On next $5.0 billion............................................... 0.38% Over $10 billion................................................... 0.37%
315 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - -------------------------------------------------------------------------------- SELECT MIDCAP GROWTH FUND(11)
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $500 million.............................................. 0.75% On next $500 million............................................... 0.70% Over $1 billion.................................................... 0.65%
(11) Effective December 4, 2006, HIFSCO agreed to permanently reduce its management fees for this Fund. Prior to December 4, 2006, the schedule was follows:
AVERAGE DAILY NET ASSETS ANNUAL FEE ------------------------ ----------- On first $500 million.............................................. 0.90% On next $500 million............................................... 0.85% Over $1 billion.................................................... 0.80%
SELECT MIDCAP VALUE FUND(12)
AVERAGE DAILY NET ASSETS ANNUAL FEE - ------------------------ ---------- On first $500 million.............................................. 0.75% On next $500 million............................................... 0.70% Over $1 billion.................................................... 0.65%
(12) Effective December 4, 2006, HIFSCO agreed to permanently reduce its management fees for this Fund. Prior to December 4, 2006, the schedule was as follows:
AVERAGE DAILY NET ASSETS ANNUAL FEE ------------------------ ----------- On first $500 million.............................................. 1.00% On next $500 million............................................... 0.95% Over $1 billion.................................................... 0.90%
b) Distribution and Service Plan for Class A, B, C, H, L, M and N Shares -- HIFSCO is the principal underwriter and distributor of the Funds. HIFSCO is engaged in distribution activities, which include marketing and distribution of shares through broker-dealers, financing distribution costs and maintaining financial books and records. For the six-month period ended April 30, 2007, the following revenues were received by HIFSCO:
FRONT-END LOAD CONTINGENT DEFERRED SALES CHARGE SALES CHARGE -------------- ------------------- Advisers Fund............................................... $ 526 $ 170 Balanced Allocation Fund.................................... 2,392 141 Balanced Income Fund........................................ 252 -- Capital Appreciation Fund................................... 22,479 1,232 Capital Appreciation II Fund................................ 3,920 60 Conservative Allocation Fund................................ 402 35 Disciplined Equity Fund..................................... 85 23 Dividend and Growth Fund.................................... 7,698 234 Equity Growth Allocation Fund............................... 739 48 Equity Income Fund.......................................... 2,689 35 Floating Rate Fund.......................................... 3,689 759 Fundamental Growth Fund..................................... 11 12 Global Communications Fund.................................. 99 3 Global Financial Services Fund.............................. 68 1 Global Health Fund.......................................... 1,383 73 Global Leaders Fund......................................... 290 41 Global Technology Fund...................................... 52 10 Growth Allocation Fund...................................... 2,179 154 Growth Fund................................................. 351 77 Growth Opportunities Fund................................... 814 58 High Yield Fund............................................. 282 34 Income Allocation Fund...................................... 113 5 Income Fund................................................. 310 17 Inflation Plus Fund......................................... 71 240 International Capital Appreciation Fund..................... 1,387 29 International Opportunities Fund............................ 549 17 International Small Company Fund............................ 502 11 LargeCap Growth Fund........................................ 3 -- MidCap Fund................................................. 151 140 MidCap Growth Fund.......................................... 76 -- MidCap Value Fund........................................... 44 35 Money Market Fund........................................... -- 57 Retirement Income Fund...................................... 4 -- Select MidCap Growth Fund................................... 61 6 Select MidCap Value Fund.................................... 211 9 Select SmallCap Value Fund.................................. 16 -- Short Duration Fund......................................... 43 7 Small Company Fund.......................................... 349 22 SmallCap Growth Fund........................................ 180 40 Stock Fund.................................................. 347 79
316 - --------------------------------------------------------------------------------
FRONT-END LOAD CONTINGENT DEFERRED SALES CHARGE SALES CHARGE -------------- ------------------- Target Retirement 2010 Fund................................. $ 7 $ -- Target Retirement 2020 Fund................................. 20 -- Target Retirement 2030 Fund................................. 22 6 Tax-Free California Fund.................................... 93 2 Tax-Free Minnesota Fund..................................... 48 -- Tax-Free National Fund...................................... 456 9 Tax-Free New York Fund...................................... 7 1 Total Return Bond Fund...................................... 2,915 95 U.S. Government Securities Fund............................. 86 18 Value Fund.................................................. 132 9 Value Opportunities Fund.................................... 497 18
The Funds have adopted Distribution and Service Plans in accordance with Rule 12b-1 of the Investment Company Act of 1940, as amended, to compensate the Distributor (HIFSCO) for activities intended to result in the sale and distribution of Classes A, B, C, L, R3 and R4 shares and for providing services for shareholders. The Rule 12b-1 plan applicable to Class A shares of the Funds provides for payment of a Rule 12b-1 fee of up to 0.35% of average daily net assets; however, the Board of Directors has currently authorized 12b-1 payments of only up to 0.25%. Some or all of the fee may be used for shareholder servicing expenses with the remainder used for distribution expenses. Some or the entire Rule 12b-1 fee for Class B shares may be remitted to broker-dealers for distribution and/or shareholder account services. Under the Class B Plan, the Fund pays the Distributor 1.00% of the average daily net assets of Class B shares that are outstanding for 8 years or less, 0.25% of which is a fee for service provided to existing shareholders with the remainder used for distribution expenses. After eight years, Class B shares convert to Class A shares. Upon conversion to Class A shares, the Class A plan described above will apply to those shares. Under the Class C Plan, the Fund pays the Distributor 1.00% of the average daily net assets of Class C shares outstanding, 0.25% of which is intended as a fee for services provided to existing shareholders with the remainder used for distribution expenses. For Class C shares, some or the entire fee may be remitted to broker-dealers for distribution and/or shareholder account services. Class L shares have a distribution fee of 0.25% for each Fund. Class R3 shares have a distribution fee of 0.50% and Class R4 shares have a distribution fee of 0.25%. For Classes R3 and R4 shares, some or the entire fee may be remitted to broker dealers for distribution and/or shareholder account services. The Funds' 12b-1 fees are accrued daily and pay monthly. For the six-month period ended April 30, 2007, total sales commissions paid to affiliated brokers/dealers of The Hartford for distributing the Funds' shares were $2,768. These commissions are in turn paid to sales representatives of the broker/dealers. c) Operating Expenses -- Allocable expenses incurred by the Funds are allocated to each Fund in proportion to the average daily net assets of each Fund, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund. During the six-month period ended April 30, 2007, HIFSCO has voluntarily limited the total operating expenses of the Class A, B, C, I, L, R3, R4, R5 and Y shares of some of the Funds, exclusive of taxes, interest expense, brokerage commissions, acquired fund fees (except for Fund of Funds) and expenses and extraordinary expenses as follows:
FUND CLASS A CLASS B CLASS C CLASS I CLASS L CLASS R3** CLASS R4** CLASS R5** ---- ------- ------- ------- ------- ------- ---------- ---------- ---------- Advisers Fund.................... 1.18% NA NA NA NA 1.43% 1.13% 0.83% Balanced Allocation Fund*........ 1.40% 2.10% 2.10% 1.15% NA 1.78% 1.48% 1.18% Balanced Income Fund............. 1.25% 2.00% 2.00% NA NA NA NA NA Capital Appreciation Fund........ 1.29% NA NA 1.04% NA 1.54% 1.24% 0.94% Capital Appreciation II Fund..... 1.60% 2.35% 2.35% 1.35% NA 1.85% 1.55% 1.25% Conservative Allocation Fund*.... 1.35% 2.00% 2.00% 1.10% NA 1.78% 1.48% 1.18% Disciplined Equity Fund.......... 1.40% 2.15% 2.15% NA NA 1.65% 1.35% 1.05% Dividend and Growth Fund......... 1.25% NA NA 1.00% NA 1.50% 1.20% 0.90% Equity Growth Allocation Fund*... 1.60% 2.25% 2.25% 1.35% NA 1.85% 1.55% 1.25% Equity Income Fund............... 1.25% 2.00% 2.00% 1.00% NA 1.60% 1.30% 1.00% Floating Rate Fund............... 1.00% 1.75% 1.75% 0.75% NA 1.25% 1.00% 0.85% Fundamental Growth Fund***....... 1.45% 2.20% 2.20% NA NA NA NA NA Global Communications Fund....... 1.60% 2.35% 2.35% NA NA NA NA NA Global Financial Services Fund... 1.60% 2.35% 2.35% NA NA NA NA NA Global Health Fund............... 1.60% 2.35% 2.35% 1.35% NA 1.85% 1.55% 1.25% Global Leaders Fund.............. 1.48% 2.35% 2.35% NA NA 1.73% 1.43% 1.13% Global Technology Fund........... 1.60% 2.35% 2.35% NA NA NA NA NA Growth Allocation Fund*.......... 1.50% 2.15% 2.15% 1.25% NA 1.81% 1.51% 1.21% Growth Fund...................... 1.33% 2.15% 2.15% 1.08% 1.45% 1.58% 1.28% 0.98% Growth Opportunities Fund........ 1.36% 2.15% 2.15% 1.11% 1.45% 1.61% 1.31% 1.01% High Yield Fund.................. 1.15% 1.90% 1.90% NA NA 1.40% 1.10% 0.85% Income Allocation Fund*.......... 1.20% 1.90% 1.90% 0.95% NA 1.59% 1.29% 0.99% Income Fund...................... 0.95% 1.70% 1.70% NA NA NA NA NA FUND CLASS Y ---- ------- Advisers Fund.................... NA Balanced Allocation Fund*........ NA Balanced Income Fund............. 0.90% Capital Appreciation Fund........ NA Capital Appreciation II Fund..... 1.15% Conservative Allocation Fund*.... NA Disciplined Equity Fund.......... 1.00% Dividend and Growth Fund......... NA Equity Growth Allocation Fund*... NA Equity Income Fund............... 0.90% Floating Rate Fund............... 0.75% Fundamental Growth Fund***....... 1.05% Global Communications Fund....... 1.20% Global Financial Services Fund... 1.20% Global Health Fund............... 1.20% Global Leaders Fund.............. 1.20% Global Technology Fund........... 1.20% Growth Allocation Fund*.......... NA Growth Fund...................... 1.00% Growth Opportunities Fund........ 1.00% High Yield Fund.................. 0.75% Income Allocation Fund*.......... NA Income Fund...................... 0.70%
317 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
FUND CLASS A CLASS B CLASS C CLASS I CLASS L CLASS R3** CLASS R4** CLASS R5** ---- ------- ------- ------- ------- ------- ---------- ---------- ---------- Inflation Plus Fund.............. 0.85% 1.60% 1.60% 0.60% NA 1.25% 1.00% 0.76% International Capital Appreciation Fund.............. 1.60% 2.35% 2.35% 1.35% NA 1.85% 1.55% 1.25% International Opportunities Fund........................... 1.57% 2.35% 2.35% NA NA 1.82% 1.52% 1.22% International Small Company Fund........................... 1.60% 2.35% 2.35% NA NA NA NA NA LargeCap Growth Fund............. 1.25% 2.00% 2.00% NA NA NA NA NA MidCap Fund...................... 1.37% NA NA NA NA NA NA NA MidCap Growth Fund............... 1.40% 2.20% 2.20% NA NA NA NA NA MidCap Value Fund................ 1.40% 2.15% 2.15% NA NA NA NA NA Money Market Fund................ 0.95% 1.70% 1.70% NA NA 1.20% 0.90% 0.60% Retirement Income Fund*.......... 1.20% 1.95% 1.95% NA NA 1.60% 1.30% 1.00% Select MidCap Growth Fund****.... 1.35% 2.10% 2.10% NA NA NA NA NA Select MidCap Value Fund****..... 1.30% 2.05% 2.05% NA NA NA NA NA Select SmallCap Value Fund....... 1.60% 2.35% 2.35% NA NA NA NA NA Short Duration Fund.............. 0.90% 1.65% 1.65% NA NA NA NA NA SmallCap Growth Fund............. 1.40% 2.15% 2.15% 1.15% 1.25% 1.65% 1.35% 1.05% Small Company Fund............... 1.40% 2.15% 2.15% 1.15% NA 1.65% 1.35% 1.05% Stock Fund....................... 1.28% NA NA NA NA 1.53% 1.23% 0.93% Target Retirement 2010 Fund*..... 1.25% 2.00% 2.00% NA NA 1.65% 1.35% 1.05% Target Retirement 2020 Fund*..... 1.30% 2.05% 2.05% NA NA 1.70% 1.40% 1.10% Target Retirement 2030 Fund*..... 1.35% 2.10% 2.10% NA NA 1.75% 1.45% 1.15% Tax-Free California Fund......... 0.85% 1.60% 1.60% NA NA NA NA NA Tax-Free Minnesota Fund.......... 0.85% 1.60% 1.60% NA 0.90% NA NA NA Tax-Free National Fund........... 0.85% 1.60% 1.60% NA 0.90% NA NA NA Tax-Free New York Fund........... 0.85% 1.60% 1.60% NA NA NA NA NA Total Return Bond Fund........... 1.00% 1.75% 1.75% 0.75% NA 1.25% 1.00% 0.85% U.S. Government Securities Fund........................... 1.00% 1.75% 1.75% NA 1.00% NA NA NA Value Fund....................... 1.40% 2.15% 2.15% NA NA 1.65% 1.35% 1.05% Value Opportunities Fund......... 1.40% 2.15% 2.15% 1.15% 1.45% 1.65% 1.35% 1.05% FUND CLASS Y ---- ------- Inflation Plus Fund.............. 0.60% International Capital Appreciation Fund.............. 1.20% International Opportunities Fund........................... 1.20% International Small Company Fund........................... 1.20% LargeCap Growth Fund............. 0.85% MidCap Fund...................... NA MidCap Growth Fund............... 1.00% MidCap Value Fund................ 1.00% Money Market Fund................ 0.55% Retirement Income Fund*.......... 0.90% Select MidCap Growth Fund****.... 0.95% Select MidCap Value Fund****..... 0.90% Select SmallCap Value Fund....... 1.20% Short Duration Fund.............. 0.65% SmallCap Growth Fund............. 1.10% Small Company Fund............... 1.00% Stock Fund....................... NA Target Retirement 2010 Fund*..... 0.95% Target Retirement 2020 Fund*..... 1.00% Target Retirement 2030 Fund*..... 1.05% Tax-Free California Fund......... NA Tax-Free Minnesota Fund.......... 0.75% Tax-Free National Fund........... 0.75% Tax-Free New York Fund........... NA Total Return Bond Fund........... 0.75% U.S. Government Securities Fund........................... 0.75% Value Fund....................... 1.00% Value Opportunities Fund......... 1.25%
* Voluntary limitations for total operating expenses for Balanced Allocation Fund, Conservative Allocation Fund, Equity Growth Allocation Fund, Growth Allocation Fund, Income Allocation Fund, Retirement Income Fund, Target Retirement 2010 Fund, Target Retirement 2020 Fund and Target Retirement 2030 Fund include expenses incurred as the result of investing in other investment companies. ** Effective December 15, 2006 through April 30, 2007. *** For the period November 1, 2006 through March 29, 2007, HIFSCO voluntarily limited the total operating expenses for Fundamental Growth Fund Classes A, B, C and Y to 1.50%, 2.25%, 2.25% and 1.10%, respectively. **** For the period November 1, 2006 through December 3, 2006, HIFSCO voluntarily limited the total operating expenses for Select MidCap Growth Fund and Select MidCap Value Fund. During this period the expense limitations for Select MidCap Growth Fund was 1.50%, 2.25%, 2.25% and 1.10% for Classes A, B, C and Y, respectively. Also during the period the expense limitation for Select MidCap Value Fund was 1.55%, 2.30%, 2.30% and 1.15% for Classes A, B, C and Y, respectively. Effective November 1, 2005, Hartford Administrative Services Company ("HASCO") has agreed to waive a portion of the transfer agency fees of the Funds, under a voluntary undertaking, to 0.35% of average daily net assets per fiscal year for all A, B and C share classes. This waiver is in addition to the expanse limitations listed above. Amounts incurred which exceed the above limits, are deducted from expenses and are reported as expense reimbursements or waivers on the accompanying Statements of Operations. d) Fees Paid Indirectly -- The Funds have entered into agreements with State Street Global Advisors and Russell Investment Group to partially recapture non-discounted trade commissions. Such rebates are used to pay a portion of the Funds' expenses. In addition, the Funds' custodian bank has agreed to reduce its fees when the Funds maintain cash on deposit in the non-interest-bearing custody account. For the six-month period ended April 30, 2007, these amounts are included in the Statement of Operations. 318 - -------------------------------------------------------------------------------- The ratio of expenses to average net assets in the financial highlights excludes fees paid indirectly. Had the fees paid indirectly been included, the annualized expense ratio for the periods listed below would have been as follows:
ANNUALIZED SIX-MONTH PERIOD ENDED YEAR ENDED YEAR ENDED FUND APRIL 30, 2007 OCTOBER 31, 2006 OCTOBER 31, 2005 ---- ---------------------- ---------------- ---------------- ADVISERS FUND Class A Shares........................................... 1.12% 1.11% 1.18% Class B Shares........................................... 1.93% 1.90% 1.96% Class C Shares........................................... 1.81% 1.81% 1.88% Class R3 Shares.......................................... 1.43%(W) -- -- Class R4 Shares.......................................... 1.12%(W) -- -- Class R5 Shares.......................................... 0.83%(W) -- -- Class Y Shares........................................... 0.66% 0.65% 0.73% BALANCED ALLOCATION FUND Class A Shares........................................... 0.54% 0.62% 0.60% Class B Shares........................................... 1.32% 1.36% 1.31% Class C Shares........................................... 1.29% 1.36% 1.31% Class I Shares........................................... 0.21% 0.39%+ -- Class R3 Shares.......................................... 1.00%(W) -- -- Class R4 Shares.......................................... 0.70%(W) -- -- Class R5 Shares.......................................... 0.40%(W) -- -- BALANCED INCOME FUND Class A Shares........................................... 1.25% 1.26%# -- Class B Shares........................................... 2.00% 2.00%# -- Class C Shares........................................... 2.00% 2.00%# -- Class Y Shares........................................... 0.90% 0.90%# -- CAPITAL APPRECIATION FUND Class A Shares........................................... 1.12% 1.17% 1.22% Class B Shares........................................... 1.93% 1.96% 1.99% Class C Shares........................................... 1.83% 1.88% 1.91% Class I Shares........................................... 0.79% 0.88%+ -- Class R3 Shares.......................................... 1.55%(W) -- -- Class R4 Shares.......................................... 1.24%(W) -- -- Class R5 Shares.......................................... 0.94%(W) -- -- Class Y Shares........................................... 0.72% 0.73% 0.75% CAPITAL APPRECIATION II FUND Class A Shares........................................... 1.45% 1.59% 1.60%@ Class B Shares........................................... 2.29% 2.34% 2.35%@ Class C Shares........................................... 2.16% 2.32% 2.35%@ Class I Shares........................................... 1.09% 0.80%+ -- Class R3 Shares.......................................... 1.72%(W) -- -- Class R4 Shares.......................................... 1.52%(W) -- -- Class R5 Shares.......................................... 1.25%(W) -- -- Class Y Shares........................................... 1.03% 1.13% 1.15%@ CONSERVATIVE ALLOCATION FUND Class A Shares........................................... 0.57% 0.63% 0.60% Class B Shares........................................... 1.27% 1.31% 1.26% Class C Shares........................................... 1.27% 1.31% 1.26% Class I Shares........................................... 0.25% 0.41%+ -- Class R3 Shares.......................................... 1.06%(W) -- -- Class R4 Shares.......................................... 0.74%(W) -- -- Class R5 Shares.......................................... 0.45%(W) -- -- DISCIPLINED EQUITY FUND Class A Shares........................................... 1.40% 1.39% 1.38% Class B Shares........................................... 2.07% 2.07% 2.13% Class C Shares........................................... 2.11% 2.09% 2.10% Class R3 Shares.......................................... 1.65%(W) -- -- Class R4 Shares.......................................... 1.35%(W) -- -- Class R5 Shares.......................................... 1.05%(W) -- -- Class Y Shares........................................... 0.89% 0.88% 0.89%
319 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
ANNUALIZED SIX-MONTH PERIOD ENDED YEAR ENDED YEAR ENDED FUND APRIL 30, 2007 OCTOBER 31, 2006 OCTOBER 31, 2005 ---- ---------------------- ---------------- ---------------- DIVIDEND AND GROWTH FUND Class A Shares........................................... 1.10% 1.13% 1.16% Class B Shares........................................... 1.96% 1.98% 2.01% Class C Shares........................................... 1.83% 1.86% 1.88% Class I Shares........................................... 0.78% 0.98%+ -- Class R3 Shares.......................................... 1.50%(W) -- -- Class R4 Shares.......................................... 1.20%(W) -- -- Class R5 Shares.......................................... 0.90%(W) -- -- Class Y Shares........................................... 0.69% 0.70% 0.72% EQUITY GROWTH ALLOCATION FUND Class A Shares........................................... 0.67% 0.72% 0.68% Class B Shares........................................... 1.33% 1.37% 1.33% Class C Shares........................................... 1.33% 1.37% 1.34% Class I Shares........................................... 0.34% 0.48%+ -- Class R3 Shares.......................................... 0.94%(W) -- -- Class R4 Shares.......................................... 0.62%(W) -- -- Class R5 Shares.......................................... 0.34%(W) -- -- EQUITY INCOME FUND Class A Shares........................................... 1.12% 1.00% 0.50% Class B Shares........................................... 1.96% 1.84% 1.38% Class C Shares........................................... 1.83% 1.70% 1.22% Class I Shares........................................... 0.83% 0.80%+ -- Class R3 Shares.......................................... 1.60%(W) -- -- Class R4 Shares.......................................... 1.30%(W) -- -- Class R5 Shares.......................................... 1.00%(W) -- -- Class Y Shares........................................... 0.73% 0.57% 0.10% FLOATING RATE FUND Class A Shares........................................... 0.93% 0.50% -- Class B Shares........................................... 1.75% 1.35% -- Class C Shares........................................... 1.71% 1.28% -- Class I Shares........................................... 0.68% 0.43%+ -- Class R3 Shares.......................................... 1.26%(W) -- -- Class R4 Shares.......................................... 0.97%(W) -- -- Class R5 Shares.......................................... 0.85%(W) -- -- Class Y Shares........................................... 0.65% 0.15% FUNDAMENTAL GROWTH FUND Class A Shares........................................... 1.49% 1.48% 1.57% Class B Shares........................................... 2.24% 2.23% 2.32% Class C Shares........................................... 2.24% 2.23% 2.32% Class Y Shares........................................... 1.06% 1.05% 1.13% GLOBAL COMMUNICATIONS FUND Class A Shares........................................... 1.58% 1.11% 1.49% Class B Shares........................................... 2.25% 1.73% 2.24% Class C Shares........................................... 2.33% 1.85% 2.23% Class Y Shares........................................... 1.13% 0.70% 1.04% GLOBAL FINANCIAL SERVICES FUND Class A Shares........................................... 1.60% 1.14% 1.48% Class B Shares........................................... 2.21% 1.77% 2.25% Class C Shares........................................... 2.35% 1.90% 2.25% Class Y Shares........................................... 1.13% 0.74% 1.07% GLOBAL HEALTH FUND Class A Shares........................................... 1.41% 1.60% 1.58% Class B Shares........................................... 2.29% 2.31% 2.33% Class C Shares........................................... 2.14% 2.31% 2.33% Class I Shares........................................... 1.04% 1.14%+ -- Class R3 Shares.......................................... 1.86%(W) -- -- Class R4 Shares.......................................... 1.52%(W) -- -- Class R5 Shares.......................................... 1.24%(W) -- -- Class Y Shares........................................... 0.94% 1.08% 1.06%
320 - --------------------------------------------------------------------------------
ANNUALIZED SIX-MONTH PERIOD ENDED YEAR ENDED YEAR ENDED FUND APRIL 30, 2007 OCTOBER 31, 2006 OCTOBER 31, 2005 ---- ---------------------- ---------------- ---------------- GLOBAL LEADERS FUND Class A Shares........................................... 1.48% 1.45% 1.36% Class B Shares........................................... 2.15% 2.15% 2.23% Class C Shares........................................... 2.16% 2.18% 2.13% Class R3 Shares.......................................... 1.72%(W) -- -- Class R4 Shares.......................................... 1.41%(W) -- -- Class R5 Shares.......................................... 1.12%(W) -- -- Class Y Shares........................................... 0.89% 0.91% 0.85% GLOBAL TECHNOLOGY FUND Class A Shares........................................... 1.41% 1.32% 1.53% Class B Shares........................................... 1.99% 1.96% 2.28% Class C Shares........................................... 2.29% 2.21% 2.28% Class Y Shares........................................... 1.09% 1.17% 1.13% GROWTH ALLOCATION FUND Class A Shares........................................... 0.59% 0.67% 0.64% Class B Shares........................................... 1.29% 1.32% 1.29% Class C Shares........................................... 1.28% 1.32% 1.29% Class I Shares........................................... 0.23% 0.42%+ -- Class R3 Shares.......................................... 0.96%(W) -- -- Class R4 Shares.......................................... 0.65%(W) -- -- Class R5 Shares.......................................... 0.35%(W) -- -- GROWTH FUND Class A Shares........................................... 1.28% 1.31% 1.31% Class B Shares........................................... 2.08% 2.08% 2.13% Class C Shares........................................... 2.00% 2.00% 2.03% Class I Shares........................................... 0.93% 0.91%+ -- Class L Shares........................................... 1.06% 1.03% 1.04% Class R3 Shares.......................................... 1.58%(W) -- -- Class R4 Shares.......................................... 1.27%(W) -- -- Class R5 Shares.......................................... 0.97%(W) -- -- Class Y Shares........................................... 0.83% 0.81% 0.83% GROWTH OPPORTUNITIES FUND Class A Shares........................................... 1.24% 1.18% 1.30% Class B Shares........................................... 2.08% 2.05% 2.08% Class C Shares........................................... 2.02% 2.05% 2.07% Class I Shares........................................... 0.92% 1.12%+ -- Class L Shares........................................... 1.04% 1.04% 1.02% Class R3 Shares.......................................... 1.62%(W) -- -- Class R4 Shares.......................................... 1.30%(W) -- -- Class R5 Shares.......................................... 1.00%(W) -- -- Class Y Shares........................................... 0.81% 0.81% 0.82% HIGH YIELD FUND Class A Shares........................................... 1.14% 1.20% 1.33% Class B Shares........................................... 1.90% 1.94% 2.10% Class C Shares........................................... 1.82% 1.89% 2.00% Class R3 Shares.......................................... 1.40%(W) -- -- Class R4 Shares.......................................... 1.08%(W) -- -- Class R5 Shares.......................................... 0.85%(W) -- -- Class Y Shares........................................... 0.65% 0.73% 0.87% INCOME ALLOCATION FUND Class A Shares........................................... 0.57% 0.61% 0.56% Class B Shares........................................... 1.27% 1.31% 1.26% Class C Shares........................................... 1.27% 1.31% 1.26% Class I Shares........................................... 0.33% 0.37%+ -- Class R3 Shares.......................................... 0.97%(W) -- -- Class R4 Shares.......................................... 0.64%(W) -- -- Class R5 Shares.......................................... 0.37%(W) -- --
321 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
ANNUALIZED SIX-MONTH PERIOD ENDED YEAR ENDED YEAR ENDED FUND APRIL 30, 2007 OCTOBER 31, 2006 OCTOBER 31, 2005 ---- ---------------------- ---------------- ---------------- INCOME FUND Class A Shares........................................... 0.95% 0.95% 0.95% Class B Shares........................................... 1.70% 1.70% 1.70% Class C Shares........................................... 1.70% 1.70% 1.70% Class Y Shares........................................... 0.67% 0.70% 0.70% INFLATION PLUS FUND Class A Shares........................................... 0.85% 0.95% 0.95% Class B Shares........................................... 1.60% 1.70% 1.70% Class C Shares........................................... 1.60% 1.70% 1.70% Class I Shares........................................... 0.60% 0.70%+ -- Class R3 Shares.......................................... 1.25%(W) -- -- Class R4 Shares.......................................... 1.00%(W) -- -- Class R5 Shares.......................................... 0.76%(W) -- -- Class Y Shares........................................... 0.60% 0.68% 0.68% INTERNATIONAL CAPITAL APPRECIATION FUND Class A Shares........................................... 1.50% 1.56% 1.53% Class B Shares........................................... 2.29% 2.26% 2.28% Class C Shares........................................... 2.20% 2.31% 2.28% Class I Shares........................................... 1.26% 1.36%+ -- Class R3 Shares.......................................... 1.85%(W) -- -- Class R4 Shares.......................................... 1.53%(W) -- -- Class R5 Shares.......................................... 1.25%(W) -- -- Class Y Shares........................................... 0.97% 1.12% 1.13% INTERNATIONAL OPPORTUNITIES FUND Class A Shares........................................... 1.49% 1.54% 1.52% Class B Shares........................................... 2.15% 2.12% 2.30% Class C Shares........................................... 2.21% 2.30% 2.30% Class R3 Shares.......................................... 1.82%(W) -- -- Class R4 Shares.......................................... 1.49%(W) -- -- Class R5 Shares.......................................... 1.21%(W) -- -- Class Y Shares........................................... 0.93% 0.99% 1.01% INTERNATIONAL SMALL COMPANY FUND Class A Shares........................................... 1.49% 1.58% 1.55% Class B Shares........................................... 2.21% 2.22% 2.30% Class C Shares........................................... 2.21% 2.33% 2.30% Class Y Shares........................................... 1.00% 1.18% 1.15% LARGECAP GROWTH FUND Class A Shares........................................... 1.25%++ -- -- Class B Shares........................................... 2.00%++ -- -- Class C Shares........................................... 2.00%++ -- -- Class Y Shares........................................... 0.85%++ -- -- MIDCAP FUND Class A Shares........................................... 1.23% 1.25% 1.28% Class B Shares........................................... 2.01% 2.01% 2.06% Class C Shares........................................... 1.92% 1.93% 1.97% Class Y Shares........................................... 0.80% 0.78% 0.81% MIDCAP GROWTH FUND Class A Shares........................................... 0.61% 1.20%# -- Class B Shares........................................... 1.58% 2.05%# -- Class C Shares........................................... 1.57% 2.07%# -- Class Y Shares........................................... 0.38% 0.79%# -- MIDCAP VALUE FUND Class A Shares........................................... 1.40% 1.39% 1.38% Class B Shares........................................... 2.15% 2.14% 2.13% Class C Shares........................................... 2.12% 2.14% 2.13% Class Y Shares........................................... 0.88% 0.93% 0.94%
322 - --------------------------------------------------------------------------------
ANNUALIZED SIX-MONTH PERIOD ENDED YEAR ENDED YEAR ENDED FUND APRIL 30, 2007 OCTOBER 31, 2006 OCTOBER 31, 2005 ---- ---------------------- ---------------- ---------------- MONEY MARKET FUND Class A Shares........................................... 0.95% 0.95% 0.95% Class B Shares........................................... 1.70% 1.70% 1.70% Class C Shares........................................... 1.70% 1.70% 1.70% Class R3 Shares.......................................... 1.20%(W) -- -- Class R4 Shares.......................................... 0.90%(W) -- -- Class R5 Shares.......................................... 0.60%(W) -- -- Class Y Shares........................................... 0.54% 0.55% 0.55% RETIREMENT INCOME FUND Class A Shares........................................... 0.50% 0.54% -- Class B Shares........................................... 1.25% 1.30% -- Class C Shares........................................... 1.25% 1.30% -- Class R3 Shares.......................................... 0.91%(W) -- -- Class R4 Shares.......................................... 0.58%(W) -- -- Class R5 Shares.......................................... 0.30%(W) -- -- Class Y Shares........................................... 0.20% 0.24% SELECT MIDCAP GROWTH FUND Class A Shares........................................... 1.38% 1.48% 1.49%* Class B Shares........................................... 1.99% 2.09% 2.24%* Class C Shares........................................... 2.13% 2.23% 2.24%* Class Y Shares........................................... 1.02% 1.08% 1.09%* SELECT MIDCAP VALUE FUND Class A Shares........................................... 1.36% 1.50% 1.54%@ Class B Shares........................................... 2.05% 2.25% 2.29%@ Class C Shares........................................... 2.10% 2.25% 2.29%@ Class Y Shares........................................... 0.97% 1.11% 1.14%@ SELECT SMALLCAP VALUE FUND Class A Shares........................................... 1.35% 1.60%# -- Class B Shares........................................... 2.24% 2.35%# -- Class C Shares........................................... 2.20% 2.35%# -- Class Y Shares........................................... 1.08% 1.20%# -- SHORT DURATION FUND Class A Shares........................................... 0.90% 0.90% 0.90% Class B Shares........................................... 1.65% 1.65% 1.65% Class C Shares........................................... 1.65% 1.65% 1.65% Class Y Shares........................................... 0.64% 0.65% 0.65% SMALL COMPANY FUND Class A Shares........................................... 1.39% 1.37% 1.35% Class B Shares........................................... 2.09% 2.12% 2.10% Class C Shares........................................... 2.14% 2.11% 2.10% Class R3 Shares.......................................... 1.64%(W) -- -- Class R4 Shares.......................................... 1.33%(W) -- -- Class R5 Shares.......................................... 1.04%(W) -- -- Class I Shares........................................... 1.03%(W) 1.10%+ -- Class Y Shares........................................... 0.89% 0.91% 0.92% SMALLCAP GROWTH FUND Class A Shares........................................... 1.23% 1.34% 1.38% Class B Shares........................................... 2.00% 2.00% 2.13% Class C Shares........................................... 2.15% 2.13% 2.13% Class I Shares........................................... 1.03% 1.16%+ -- Class L Shares........................................... 1.13% 1.13% 1.20% Class R3 Shares.......................................... 1.65%(W) -- -- Class R4 Shares.......................................... 1.35%(W) -- -- Class R5 Shares.......................................... 1.05%(W) -- -- Class Y Shares........................................... 0.88% 0.90% 0.97%
323 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
ANNUALIZED SIX-MONTH PERIOD ENDED YEAR ENDED YEAR ENDED FUND APRIL 30, 2007 OCTOBER 31, 2006 OCTOBER 31, 2005 ---- ---------------------- ---------------- ---------------- STOCK FUND Class A Shares........................................... 1.28% 1.26% 1.31% Class B Shares........................................... 2.13% 2.10% 2.21% Class C Shares........................................... 2.00% 2.01% 2.07% Class R3 Shares.......................................... 1.52%(W) -- -- Class R4 Shares.......................................... 1.21%(W) -- -- Class R5 Shares.......................................... 0.93%(W) -- -- Class Y Shares........................................... 0.77% 0.76% 0.82% TARGET RETIREMENT 2010 FUND Class A Shares........................................... 0.50% 0.54% -- Class B Shares........................................... 1.25% 1.29% -- Class C Shares........................................... 1.24% 1.30% -- Class R3 Shares.......................................... 0.90%(W) -- -- Class R4 Shares.......................................... 0.57%(W) -- -- Class R5 Shares.......................................... 0.30%(W) -- -- Class Y Shares........................................... 0.19% 0.23% -- TARGET RETIREMENT 2020 FUND Class A Shares........................................... 0.50% 0.53% -- Class B Shares........................................... 1.08% 1.29% -- Class C Shares........................................... 1.25% 1.30% -- Class R3 Shares.......................................... 0.90%(W) -- -- Class R4 Shares.......................................... 0.58%(W) -- -- Class R5 Shares.......................................... 0.30%(W) -- -- Class Y Shares........................................... 0.20% 0.22% -- TARGET RETIREMENT 2030 FUND Class A Shares........................................... 0.51% 0.53% -- Class B Shares........................................... 1.17% 1.24% -- Class C Shares........................................... 1.17% 1.10% -- Class R3 Shares.......................................... 0.91%(W) -- -- Class R4 Shares.......................................... 0.59%(W) -- -- Class R5 Shares.......................................... 0.31%(W) -- -- Class Y Shares........................................... 0.20% 0.20% -- TAX-FREE CALIFORNIA FUND Class A Shares........................................... 0.85% 0.89% 0.89% Class B Shares........................................... 1.60% 1.64% 1.64% Class C Shares........................................... 1.60% 1.64% 1.64% TAX-FREE MINNESOTA FUND Class A Shares........................................... 0.85% 0.84% 0.84% Class B Shares........................................... 1.60% 1.56% 1.59% Class C Shares........................................... 1.60% 1.56% 1.59% Class L Shares........................................... 0.90% 0.86% 0.89% Class Y Shares........................................... 0.72% 0.83% 0.90% TAX-FREE NATIONAL FUND Class A Shares........................................... 0.85% 1.00% 1.01% Class B Shares........................................... 1.60% 1.75% 1.75% Class C Shares........................................... 1.60% 1.75% 1.75% Class L Shares........................................... 0.90% 1.05% 1.05% Class Y Shares........................................... 0.71% 0.89% 0.98% TAX-FREE NEW YORK FUND Class A Shares........................................... 0.85% 0.83% 0.84% Class B Shares........................................... 1.60% 1.58% 1.59% Class C Shares........................................... 1.60% 1.58% 1.59%
324 - --------------------------------------------------------------------------------
ANNUALIZED SIX-MONTH PERIOD ENDED YEAR ENDED YEAR ENDED FUND APRIL 30, 2007 OCTOBER 31, 2006 OCTOBER 31, 2005 ---- ---------------------- ---------------- ---------------- TOTAL RETURN BOND FUND Class A Shares........................................... 1.00% 1.19% 1.20% Class B Shares........................................... 1.75% 1.95% 1.95% Class C Shares........................................... 1.75% 1.86% 1.87% Class I Shares........................................... 0.68% 0.91%+ -- Class R3 Shares.......................................... 1.25%(W) -- -- Class R4 Shares.......................................... 1.00%(W) -- -- Class R5 Shares.......................................... 0.85%(W) -- -- Class Y Shares........................................... 0.61% 0.70% 0.74% U.S. GOVERNMENT SECURITIES FUND Class A Shares........................................... 1.00% 1.15% 1.15% Class B Shares........................................... 1.72% 1.91% 1.90% Class C Shares........................................... 1.75% 1.90% 1.90% Class L Shares........................................... 0.93% 1.08% 1.08% Class Y Shares........................................... 0.71% 0.83% 0.86% VALUE FUND Class A Shares........................................... 1.30% 1.37% 1.39% Class B Shares........................................... 2.14% 2.12% 2.14% Class C Shares........................................... 2.07% 2.14% 2.14% Class R3 Shares.......................................... 1.65%(w) -- -- Class R4 Shares.......................................... 1.35%(w) -- -- Class R5 Shares.......................................... 1.05%(w) -- -- Class Y Shares........................................... 0.86% 0.91% 0.92% VALUE OPPORTUNITIES FUND Class A Shares........................................... 1.40% 1.39% 1.39% Class B Shares........................................... 2.14% 2.11% 2.14% Class C Shares........................................... 2.15% 2.14% 2.14% Class I Shares........................................... 1.12% 1.15%+ -- Class L Shares........................................... 1.26% 1.22% 1.30% Class R3 Shares.......................................... 1.65%(w) -- -- Class R4 Shares.......................................... 1.35% -- -- Class R5 Shares.......................................... 1.04%(w) -- -- Class Y Shares........................................... 0.92% 0.99% 1.06%
* From (commencement of operations) January 1, 2005, through October 31, 2005. @ From (commencement of operations) April 29, 2005, through October 31, 2005. # From (commencement of operations) July 31, 2006, through October 31, 2006. + From (commencement of operations) August 31, 2006, through October 31, 2006. ++ From (commencement of operations) November 30, 2006, through April 30, 2007. (w) From (commencement of operations) December 22, 2006, through April 30, 2007. e) Accounting Services Agreement -- Pursuant to the Fund Accounting Agreement between Hartford Life Insurance Co. ("HLIC") and the Funds, HLIC provides accounting services to the Funds and receives monthly compensation at the annual rate of 0.015% of each Fund's Class A, B, C, I, R3, R4, R5 and Y average daily net assets. Balanced Allocation Fund, Conservative Allocation Fund, Equity Growth Allocation Fund, Income Allocation Fund which pay a fee of 0.01% of each Fund's Class A, B, C, I, R3, R4 and R5 average daily net assets; and Retirement Income Fund, Target Retirement 2010 Fund, Target Retirement 2020 Fund, and Target Retirement 2030 Fund which pay a fee of 0.01% of each Fund's Class A, B, C, R3, R4, R5 and Y average daily net assets. The Funds' accounting services fees are accrued daily and paid monthly. f) Other Related Party Transactions -- The Hartford provided certain legal services to the Funds, for which the Funds were charged $199 for the six-month period ended April 30, 2007. Certain officers of the Funds are directors and/or officers of HIFSCO, Hartford Investment Management and/or The Hartford or its subsidiaries. For the six-month period ended April 30, 2007, a portion of the Funds' chief compliance officer's salary was paid by the Funds in the amount of $18. HASCO, a wholly owned subsidiary of The Hartford, provides transfer agent services to the Funds. HASCO was compensated $33,428 for providing such services. The Funds accrue these fees daily and pay monthly. g) Payments from Affiliate: -- On November 8, 2006, the SEC issued an Order setting forth the terms of a settlement reached with three subsidiaries of The Hartford that resolves the SEC's Division of Enforcement's investigation concerning aspects of The Hartford's variable annuity and mutual fund operations related to directed brokerage and revenue sharing. Under the terms of the settlement, The Hartford paid a 325 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - -------------------------------------------------------------------------------- total of $15.4 million to The Hartford Mutual Funds in the amounts indicated below. Those amounts were recorded on the books of the Funds on November 8, 2006 and paid on November 22, 2006. The Hartford settled this matter without admitting or denying the findings of the SEC.
CAPITAL GAIN INCOME TOTAL FUND NAME REIMBURSEMENT REIMBURSEMENT REIMBURSEMENT --------- ------------- ------------- ------------- Advisers Fund............................................... $ 920 $ 345 $1,265 Capital Appreciation Fund................................... 3,768 1,413 5,181 Disciplined Equity Fund..................................... 212 80 292 Dividend and Growth Fund.................................... 740 278 1,018 Fundamental Growth Fund..................................... 140 53 193 Global Communications Fund.................................. 4 1 5 Global Financial Services Fund.............................. 4 1 5 Global Health Fund.......................................... 76 29 105 Global Leaders Fund......................................... 1,392 522 1,914 Global Technology Fund...................................... 16 6 22 Growth Fund................................................. 112 42 154 Growth Opportunities Fund................................... 300 113 413 International Capital Appreciation Fund..................... 4 2 6 International Opportunities Fund............................ 20 8 28 MidCap Fund................................................. 1,788 671 2,459 MidCap Value Fund........................................... 40 15 55 Small Company............................................... 488 183 671 SmallCap Growth Fund........................................ 28 11 39 Stock Fund.................................................. 1,140 428 1,568 Value Fund.................................................. 8 3 11 Value Opportunities Fund.................................... 12 5 17
On April 20, 2007, MidCap Growth Fund was reimbursed $24 in trading reimbursements relating to the change in portfolio managers of the Fund.
IMPACT FROM PAYMENT FROM IMPACT FROM AFFILIATE FOR IMPACT FROM PAYMENT FROM TOTAL RETURN TRANSFER AGENT PAYMENT FROM AFFILIATE FOR EXCLUDING ALLOCATION AFFILIATE FOR SEC TRADING PAYMENTS FROM METHODOLOGY SETTLEMENT REIMBURSEMENTS AFFILIATE REIMBURSEMENTS FOR THE SIX-MONTH FOR THE SIX-MONTH FOR THE SIX-MONTH FOR THE PERIOD ENDED PERIOD ENDED PERIOD ENDED YEAR ENDED FUND APRIL 30, 2007 APRIL 30, 2007 APRIL 30, 2007 OCTOBER 31, 2004 ---- ----------------- ----------------- ----------------- ---------------- Advisers Fund Class A............... 0.07% --% 7.20% 0.19% Advisers Fund Class B............... 0.08 -- 6.80 0.26 Advisers Fund Class C............... 0.07 -- 6.88 0.21 Advisers Fund Class Y............... 0.07 -- 7.49 -- Capital Appreciation Fund Class A... 0.03 -- 7.63 -- Capital Appreciation Fund Class B... 0.04 -- 7.20 -- Capital Appreciation Fund Class C... 0.04 -- 7.26 -- Capital Appreciation Fund Class I... 0.03 -- 7.77 -- Capital Appreciation Fund Class Y... 0.03 -- 7.84 -- Disciplined Equity Fund Class A..... 0.08 -- 9.44 -- Disciplined Equity Fund Class B..... 0.08 -- 9.05 -- Disciplined Equity Fund Class C..... 0.08 -- 9.08 0.01 Disciplined Equity Fund Class Y..... 0.07 -- 9.78 -- Dividend and Growth Fund Class A.... 0.03 -- 10.21 0.06 Dividend and Growth Fund Class B.... 0.03 -- 9.76 -- Dividend and Growth Fund Class C.... 0.03 -- 9.81 0.04 Dividend and Growth Fund Class I.... 0.03 -- 10.41 -- Dividend and Growth Fund Class Y.... 0.03 -- 10.43 -- Fundamental Growth Fund Class A..... 0.28 -- 9.04 0.03 Fundamental Growth Fund Class B..... 0.29 -- 8.69 -- Fundamental Growth Fund Class C..... 0.29 -- 8.59 0.06 Fundamental Growth Fund Class Y..... 0.28 -- 9.24 -- Global Communications Fund Class A................................. 0.02 -- 15.10 -- Global Communications Fund Class B................................. 0.02 -- 14.71 -- Global Communications Fund Class C................................. 0.02 -- 14.75 -- TOTAL RETURN EXCLUDING PAYMENTS FROM AFFILIATE FOR THE YEAR ENDED FUND OCTOBER 31, 2004 ---- ---------------- Advisers Fund Class A............... 3.74% Advisers Fund Class B............... 2.95 Advisers Fund Class C............... 3.06 Advisers Fund Class Y............... -- Capital Appreciation Fund Class A... -- Capital Appreciation Fund Class B... -- Capital Appreciation Fund Class C... -- Capital Appreciation Fund Class I... -- Capital Appreciation Fund Class Y... -- Disciplined Equity Fund Class A..... -- Disciplined Equity Fund Class B..... -- Disciplined Equity Fund Class C..... 5.24 Disciplined Equity Fund Class Y..... -- Dividend and Growth Fund Class A.... 12.47 Dividend and Growth Fund Class B.... -- Dividend and Growth Fund Class C.... 11.72 Dividend and Growth Fund Class I.... -- Dividend and Growth Fund Class Y.... -- Fundamental Growth Fund Class A..... 2.21 Fundamental Growth Fund Class B..... 1.48 Fundamental Growth Fund Class C..... 1.53 Fundamental Growth Fund Class Y..... -- Global Communications Fund Class A................................. -- Global Communications Fund Class B................................. -- Global Communications Fund Class C................................. --
326 - --------------------------------------------------------------------------------
IMPACT FROM PAYMENT FROM IMPACT FROM AFFILIATE FOR IMPACT FROM PAYMENT FROM TOTAL RETURN TRANSFER AGENT PAYMENT FROM AFFILIATE FOR EXCLUDING ALLOCATION AFFILIATE FOR SEC TRADING PAYMENTS FROM METHODOLOGY SETTLEMENT REIMBURSEMENTS AFFILIATE REIMBURSEMENTS FOR THE SIX-MONTH FOR THE SIX-MONTH FOR THE SIX-MONTH FOR THE PERIOD ENDED PERIOD ENDED PERIOD ENDED YEAR ENDED FUND APRIL 30, 2007 APRIL 30, 2007 APRIL 30, 2007 OCTOBER 31, 2004 ---- ----------------- ----------------- ----------------- ---------------- Global Communications Fund Class Y................................. 0.02% --% 15.33% --% Global Financial Services Fund Class A................................. 0.02 -- 8.86 -- Global Financial Services Fund Class B................................. 0.02 -- 8.51 -- Global Financial Services Fund Class C................................. 0.02 -- 8.41 -- Global Financial Services Fund Class Y................................. 0.02 -- 9.12 -- Global Health Fund Class A.......... 0.01 -- 9.01 -- Global Health Fund Class B.......... 0.01 -- 8.54 -- Global Health Fund Class C.......... 0.01 -- 8.60 -- Global Health Fund Class I.......... 0.01 -- 9.41 -- Global Health Fund Class Y.......... 0.01 -- 9.26 -- Global Leaders Fund Class A......... 0.26 -- 9.07 -- Global Leaders Fund Class B......... 0.27 -- 8.68 -- Global Leaders Fund Class C......... 0.27 -- 8.69 -- Global Leaders Fund Class Y......... 0.25 -- 9.42 -- Global Technology Fund Class A...... 0.04 -- 7.72 -- Global Technology Fund Class B...... 0.04 -- 7.17 -- Global Technology Fund Class C...... 0.04 -- 7.00 -- Global Technology Fund Class Y...... 0.04 -- 7.87 -- Growth Fund Class A................. 0.01 -- 6.30 -- Growth Fund Class B................. 0.01 -- 5.88 -- Growth Fund Class C................. 0.01 -- 5.94 -- Growth Fund Class I................. 0.01 -- 6.47 -- Growth Fund Class L................. 0.01 -- 6.44 -- Growth Fund Class Y................. 0.01 -- 6.54 -- Growth Opportunities Fund Class A... 0.03 -- 14.14 -- Growth Opportunities Fund Class B... 0.04 -- 13.70 -- Growth Opportunities Fund Class C... 0.04 -- 13.70 -- Growth Opportunities Fund Class I... 0.03 -- 14.32 -- Growth Opportunities Fund Class L... 0.03 -- 14.29 -- Growth Opportunities Fund Class Y... 0.03 -- 14.38 -- High Yield Fund Class A............. -- -- -- 0.01 High Yield Fund Class B............. -- -- -- -- High Yield Fund Class C............. -- -- -- 0.10 International Capital Appreciation Fund Class A...................... -- -- 13.11 -- International Capital Appreciation Fund Class B...................... -- -- 12.67 -- International Capital Appreciation Fund Class C...................... -- -- 12.68 -- International Capital Appreciation Fund Class I...................... -- -- 13.33 -- International Capital Appreciation Fund Class Y...................... -- -- 13.42 -- International Opportunities Fund Class A........................... 0.01 -- 14.43 -- International Opportunities Fund Class B........................... 0.01 -- 14.04 -- International Opportunities Fund Class C........................... 0.01 -- 14.03 -- International Opportunities Fund Class Y........................... 0.01 -- 14.75 -- MidCap Fund Class A................. 0.08 -- 15.00 -- MidCap Fund Class B................. 0.09 -- 14.56 -- MidCap Fund Class C................. 0.09 -- 14.58 -- MidCap Fund Class Y................. 0.08 -- 15.28 -- MidCap Growth Fund Class A.......... -- 0.13 19.30 -- MidCap Growth Fund Class B.......... -- 0.13 18.74 -- MidCap Growth Fund Class C.......... -- 0.13 18.73 -- MidCap Growth Fund Class Y.......... -- 0.13 19.45 -- TOTAL RETURN EXCLUDING PAYMENTS FROM AFFILIATE FOR THE YEAR ENDED FUND OCTOBER 31, 2004 ---- ---------------- Global Communications Fund Class Y................................. --% Global Financial Services Fund Class A................................. -- Global Financial Services Fund Class B................................. -- Global Financial Services Fund Class C................................. -- Global Financial Services Fund Class Y................................. -- Global Health Fund Class A.......... -- Global Health Fund Class B.......... -- Global Health Fund Class C.......... -- Global Health Fund Class I.......... -- Global Health Fund Class Y.......... -- Global Leaders Fund Class A......... -- Global Leaders Fund Class B......... -- Global Leaders Fund Class C......... -- Global Leaders Fund Class Y......... -- Global Technology Fund Class A...... -- Global Technology Fund Class B...... -- Global Technology Fund Class C...... -- Global Technology Fund Class Y...... -- Growth Fund Class A................. -- Growth Fund Class B................. -- Growth Fund Class C................. -- Growth Fund Class I................. -- Growth Fund Class L................. -- Growth Fund Class Y................. -- Growth Opportunities Fund Class A... -- Growth Opportunities Fund Class B... -- Growth Opportunities Fund Class C... -- Growth Opportunities Fund Class I... -- Growth Opportunities Fund Class L... -- Growth Opportunities Fund Class Y... -- High Yield Fund Class A............. 9.25 High Yield Fund Class B............. 8.45 High Yield Fund Class C............. 8.44 International Capital Appreciation Fund Class A...................... -- International Capital Appreciation Fund Class B...................... -- International Capital Appreciation Fund Class C...................... -- International Capital Appreciation Fund Class I...................... -- International Capital Appreciation Fund Class Y...................... -- International Opportunities Fund Class A........................... -- International Opportunities Fund Class B........................... -- International Opportunities Fund Class C........................... -- International Opportunities Fund Class Y........................... -- MidCap Fund Class A................. -- MidCap Fund Class B................. -- MidCap Fund Class C................. -- MidCap Fund Class Y................. -- MidCap Growth Fund Class A.......... -- MidCap Growth Fund Class B.......... -- MidCap Growth Fund Class C.......... -- MidCap Growth Fund Class Y.......... --
327 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
IMPACT FROM PAYMENT FROM IMPACT FROM AFFILIATE FOR IMPACT FROM PAYMENT FROM TOTAL RETURN TRANSFER AGENT PAYMENT FROM AFFILIATE FOR EXCLUDING ALLOCATION AFFILIATE FOR SEC TRADING PAYMENTS FROM METHODOLOGY SETTLEMENT REIMBURSEMENTS AFFILIATE REIMBURSEMENTS FOR THE SIX-MONTH FOR THE SIX-MONTH FOR THE SIX-MONTH FOR THE PERIOD ENDED PERIOD ENDED PERIOD ENDED YEAR ENDED FUND APRIL 30, 2007 APRIL 30, 2007 APRIL 30, 2007 OCTOBER 31, 2004 ---- ----------------- ----------------- ----------------- ---------------- MidCap Value Fund Class A........... 0.01% --% 15.85% --% MidCap Value Fund Class B........... 0.01 -- 15.43 -- MidCap Value Fund Class C........... 0.01 -- 15.51 -- MidCap Value Fund Class Y........... 0.01 -- 16.22 -- Small Company Fund Class A.......... 0.16 -- 13.16 -- Small Company Fund Class B.......... 0.18 -- 12.73 -- Small Company Fund Class C.......... 0.18 -- 12.66 -- Small Company Fund Class I.......... 0.16 -- 13.36 -- Small Company Fund Class Y.......... 0.16 -- 13.39 -- SmallCap Growth Fund Class A........ 0.01 -- 7.40 -- SmallCap Growth Fund Class B........ 0.01 -- 7.00 -- SmallCap Growth Fund Class C........ 0.01 -- 6.94 -- SmallCap Growth Fund Class I........ 0.01 -- 7.49 -- SmallCap Growth Fund Class L........ 0.01 -- 7.46 -- SmallCap Growth Fund Class Y........ 0.01 -- 7.53 -- Stock Fund Class A.................. 0.13 -- 9.47 -- Stock Fund Class B.................. 0.14 -- 9.04 -- Stock Fund Class C.................. 0.14 -- 9.13 -- Stock Fund Class Y.................. 0.12 -- 9.78 -- Total Return Bond Fund Class A...... -- -- -- 0.02 Total Return Bond Fund Class B...... -- -- -- 0.02 Total Return Bond Fund Class C...... -- -- -- 0.19 Value Fund Class A.................. -- -- 10.25 -- Value Fund Class B.................. -- -- 9.76 -- Value Fund Class C.................. -- -- 9.76 -- Value Fund Class Y.................. -- -- 10.50 -- Value Opportunities Fund Class A.... 0.01 -- 11.88 -- Value Opportunities Fund Class B.... 0.01 -- 11.42 -- Value Opportunities Fund Class C.... 0.01 -- 11.45 -- Value Opportunities Fund Class I.... 0.01 -- 12.02 -- Value Opportunities Fund Class L.... 0.01 -- 11.96 -- Value Opportunities Fund Class Y.... 0.01 -- 12.30 -- TOTAL RETURN EXCLUDING PAYMENTS FROM AFFILIATE FOR THE YEAR ENDED FUND OCTOBER 31, 2004 ---- ---------------- MidCap Value Fund Class A........... --% MidCap Value Fund Class B........... -- MidCap Value Fund Class C........... -- MidCap Value Fund Class Y........... -- Small Company Fund Class A.......... -- Small Company Fund Class B.......... -- Small Company Fund Class C.......... -- Small Company Fund Class I.......... -- Small Company Fund Class Y.......... -- SmallCap Growth Fund Class A........ -- SmallCap Growth Fund Class B........ -- SmallCap Growth Fund Class C........ -- SmallCap Growth Fund Class I........ -- SmallCap Growth Fund Class L........ -- SmallCap Growth Fund Class Y........ -- Stock Fund Class A.................. -- Stock Fund Class B.................. -- Stock Fund Class C.................. -- Stock Fund Class Y.................. -- Total Return Bond Fund Class A...... 5.08 Total Return Bond Fund Class B...... 4.35 Total Return Bond Fund Class C...... 4.57 Value Fund Class A.................. -- Value Fund Class B.................. -- Value Fund Class C.................. -- Value Fund Class Y.................. -- Value Opportunities Fund Class A.... -- Value Opportunities Fund Class B.... -- Value Opportunities Fund Class C.... -- Value Opportunities Fund Class I.... -- Value Opportunities Fund Class L.... -- Value Opportunities Fund Class Y.... --
Subsequent events: On May 2, 2007, Small Company Fund was reimbursed $909 in trading reimbursements relating to the change in portfolio managers of the Fund. Small Company Fund will receive a payment from The Hartford in regard to incorrect IPO allocations to the Fund. The anticipated reimbursement to the Fund will be $226. The payment is expected to be made before the Fund's fiscal year end. 4. AFFILIATE HOLDINGS: As of April 30, 2007, affiliates of The Hartford had ownership of shares in the Funds as follows:
FUND CLASS A CLASS B CLASS C CLASS I CLASS R3 CLASS R4 CLASS R5 CLASS Y ---- ------- ------- ------- ------- -------- -------- -------- ------- Adviser Fund.................... -- -- -- -- 1 1 1 -- Balanced Allocation Fund........ -- -- -- -- 1 1 1 -- Balanced Income Fund............ 960 25 25 -- NA NA NA 10 Capital Appreciation Fund....... -- -- -- -- * * * -- Capital Appreciation II Fund.... -- -- -- -- 1 1 1 9 Conservative Allocation Fund.... -- -- -- -- 1 1 1 -- Dividend and Growth Fund........ -- -- -- -- * * * -- Disciplined Equity Fund......... -- -- -- -- 1 1 1 -- Equity Growth Allocation Fund... -- -- -- 1 1 1 1 -- Equity Income Fund.............. -- -- -- -- 1 1 1 -- Floating Rate Fund.............. -- -- -- -- 1 1 1 --
328 - --------------------------------------------------------------------------------
FUND CLASS A CLASS B CLASS C CLASS I CLASS R3 CLASS R4 CLASS R5 CLASS Y ---- ------- ------- ------- ------- -------- -------- -------- ------- Global Health Fund.............. -- -- -- -- 1 1 1 -- Global Financial Services Fund.......................... 617 -- -- -- NA NA NA -- Global Leaders Fund............. -- -- -- -- 1 1 1 -- Growth Allocation Fund.......... -- -- -- -- 1 1 1 -- Growth Fund..................... -- -- -- -- 1 1 1 -- Growth Opportunities Fund....... -- -- -- -- * * * -- High Yield Fund................. -- -- -- -- 1 1 1 -- Income Allocation Fund.......... -- -- -- -- 1 1 1 -- Inflation Plus Fund............. -- -- -- -- 1 1 1 -- International Capital Appreciation Fund............. -- -- -- -- 1 1 1 -- International Opportunities Fund.......................... -- -- -- -- 1 1 1 -- LargeCap Growth Fund............ 941 25 25 -- NA NA NA 10 MidCap Growth Fund.............. 950 25 25 -- NA NA NA 10 Money Market Fund............... -- -- -- -- 10 10 10 -- Retirement Income Fund.......... 27 12 12 -- 1 1 1 12 Select MidCap Growth Fund....... -- -- -- -- NA NA NA 9 Select MidCap Value Fund........ 1,381 51 51 -- NA NA NA 51 Select SmallCap Value Fund...... 1,443 25 25 -- NA NA NA 10 Small Company Fund.............. 475 -- -- -- * * * -- SmallCap Growth Fund............ 320 -- -- -- * * * -- Stock Fund...................... -- -- -- -- * * * -- Target Retirement 2010 Fund..... 25 14 14 -- 1 1 1 14 Target Retirement 2020 Fund..... 8 1 1 -- 1 1 1 1 Target Retirement 2030 Fund..... 8 3 3 -- 1 1 1 3 Tax-Free California Fund........ 835 -- -- -- NA NA NA NA Tax-Free Minnesota Fund......... -- -- -- -- NA NA NA 1 Tax-Free National Fund.......... -- -- -- -- NA NA NA 1 Tax-Free New York Fund.......... 959 116 116 -- NA NA NA NA Total Return Bond Fund.......... -- -- -- -- 1 1 1 -- U.S. Government Securities Fund.......................... -- -- -- -- NA NA NA 1 Value Fund...................... -- -- -- -- 1 1 1 -- Value Opportunities Fund........ -- -- -- -- 1 1 1 --
* Due to the presentation of the financial statements in thousands, the number of shares held round to zero. NA Not applicable 5. INVESTMENT TRANSACTIONS: For the six-month period ended April 30, 2007, the cost of purchases and proceeds from sales of securities for Money Market Fund were $1,015,738 and $1,003,485, respectively. The cost of purchases and proceeds from sales of securities (excluding short-term investments) for the other portfolios were as follows:
COST OF COST OF PURCHASES SALES PROCEEDS PURCHASES SALES PROCEEDS EXCLUDING EXCLUDING FOR FOR U.S. GOVERNMENT U.S. GOVERNMENT U.S. GOVERNMENT U.S. GOVERNMENT FUND OBLIGATIONS OBLIGATIONS OBLIGATIONS OBLIGATIONS ---- ----------------- --------------- --------------- --------------- Advisers Fund................................ $ 700,869 $ 869,048 $ 27,801 $ 85,236 Balanced Allocation Fund..................... 375,905 294,169 -- -- Balanced Income Fund......................... 14,906 1,949 1,247 275 Capital Appreciation Fund.................... 8,083,152 6,405,796 -- -- Capital Appreciation II Fund................. 579,187 265,214 -- -- Conservative Allocation Fund................. 72,772 57,150 -- -- Disciplined Equity Fund...................... 111,009 217,963 -- -- Dividend and Growth Fund..................... 505,286 408,246 -- -- Equity Growth Allocation Fund................ 122,548 93,138 -- -- Equity Income Fund........................... 294,813 97,563 -- -- Floating Rate Fund........................... 2,606,424 617,249 -- -- Fundamental Growth Fund...................... 69,936 81,983 -- -- Global Communications Fund................... 22,129 18,822 -- -- Global Financial Services Fund............... 16,196 15,132 -- -- Global Health Fund........................... 220,525 157,109 -- -- Global Leaders Fund.......................... 365,024 386,395 -- --
329 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
COST OF COST OF PURCHASES SALES PROCEEDS PURCHASES SALES PROCEEDS EXCLUDING EXCLUDING FOR FOR U.S. GOVERNMENT U.S. GOVERNMENT U.S. GOVERNMENT U.S. GOVERNMENT FUND OBLIGATIONS OBLIGATIONS OBLIGATIONS OBLIGATIONS ---- ----------------- --------------- --------------- --------------- Global Technology Fund....................... 35,548 38,403 -- -- Growth Allocation Fund....................... 372,433 313,130 -- -- Growth Fund.................................. 537,867 715,741 -- -- Growth Opportunities Fund.................... 660,177 703,658 -- -- High Yield Fund.............................. 223,067 245,460 -- -- Income Allocation Fund....................... 16,102 9,021 -- -- Income Fund.................................. 216,322 134,061 105,004 74,792 Inflation Plus Fund.......................... 331 56,007 1,812,955 1,915,134 International Capital Appreciation Fund...... 482,331 460,663 -- -- International Opportunities Fund............. 328,796 264,304 -- -- International Small Company Fund............. 174,128 125,891 -- -- LargeCap Growth Fund......................... 15,687 5,428 -- -- MidCap Fund.................................. 908,075 922,928 -- -- MidCap Growth Fund........................... 29,088 23,523 MidCap Value Fund............................ 72,092 135,976 -- -- Retirement Income Fund....................... 1,023 402 -- -- Select MidCap Growth Fund.................... 34,372 66,214 -- -- Select MidCap Value Fund..................... 76,335 97,737 -- -- Select SmallCap Value Fund................... 99,105 25,375 Short Duration Fund.......................... 72,294 44,169 24,036 12,602 Small Company Fund........................... 472,174 425,420 -- -- SmallCap Growth Fund......................... 193,379 261,762 -- -- Stock Fund................................... 563,404 690,135 -- -- Target Retirement 2010 Fund.................. 6,208 1,359 -- -- Target Retirement 2020 Fund.................. 9,032 1,076 -- -- Target Retirement 2030 Fund.................. 7,728 1,389 -- -- Tax-Free California Fund..................... 7,563 4,292 -- -- Tax-Free Minnesota Fund...................... 5,864 3,472 -- -- Tax-Free National Fund....................... 54,509 21,813 -- -- Tax-Free New York Fund....................... 1,831 951 -- -- Total Return Bond Fund....................... 1,268,356 1,103,164 812,663 780,905 U.S. Government Securities Fund.............. 61,842 67,077 40,896 47,467 Value Fund................................... 232,149 51,784 -- -- Value Opportunities Fund..................... 66,055 152,840 -- --
6. CAPITAL SHARE TRANSACTIONS: The following information is for the six-month period ended April 30, 2007 and the year ended October 31, 2006:
SHARES ISSUED FOR SHARES SOLD REINVESTED DIVIDENDS SHARES REDEEMED ------------------------- --------------------- ------------------------- 2007 2006 2007 2006 2007 2006 ----------- ----------- --------- --------- ---------- ------------ ADVISERS FUND: Class A Shares............... 3,484 5,913 882 1,293 (8,435) (20,561) Amount................ $ 60,024 $ 94,790 $ 14,986 $ 20,524 $(144,965) $ (328,675) Class B Shares............... 247 706 183 244 (4,416) (9,117) Amount................ $ 4,178 $ 11,190 $ 3,064 $ 3,830 $ (75,239) $ (144,469) Class C Shares............... 226 595 124 153 (1,454) (4,156) Amount................ $ 3,887 $ 9,531 $ 2,092 $ 2,436 $ (24,967) $ (66,459) Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 36 102 17 24 (28) (68) Amount................ $ 632 $ 1,645 $ 292 $ 381 $ (483) $ (1,097) SHARES ISSUED FROM MERGER M, N AND H TO L OR NET INCREASE (DECREASE) E OR Z TO Y OF SHARES ------------------------ ------------------------- 2007 2006 2007 2006 ---------- ----------- ----------- ----------- ADVISERS FUND: Class A Shares............... -- -- (4,069) (13,355) Amount................ $ -- $ -- $ (69,955) $ (213,361) Class B Shares............... -- -- (3,986) (8,167) Amount................ $ -- $ -- $ (67,997) $ (129,449) Class C Shares............... -- -- (1,104) (3,408) Amount................ $ -- $ -- $ (18,988) $ (54,492) Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- 25 58 Amount................ $ -- $ -- $ 441 $ 929
330 - --------------------------------------------------------------------------------
SHARES ISSUED FOR SHARES SOLD REINVESTED DIVIDENDS SHARES REDEEMED ------------------------- --------------------- ------------------------- 2007 2006 2007 2006 2007 2006 ----------- ----------- --------- --------- ---------- ------------ BALANCED ALLOCATION FUND: Class A Shares............... 7,583 19,071 1,632 584 (3,793) (5,910) Amount................ $ 91,354 $ 220,432 $ 19,359 $ 6,675 $ (45,752) $ (68,331) Class B Shares............... 1,330 3,455 351 95 (766) (1,092) Amount................ $ 15,996 $ 39,827 $ 4,149 $ 1,083 $ (9,209) $ (12,605) Class C Shares............... 3,221 6,694 489 123 (1,283) (1,987) Amount................ $ 38,824 $ 77,177 $ 5,782 $ 1,397 $ (15,435) $ (22,926) Class I Shares............... 71 30 2 -- (7) (1) Amount................ $ 862 $ 354 $ 25 $ -- $ (91) $ (6) Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- BALANCED INCOME FUND: Class A Shares............... 1,228 1,099 24 6 (75) -- Amount................ $ 13,103 $ 11,040 $ 257 $ 56 $ (801) $ (2) Class B Shares............... 67 29 1 -- -- -- Amount................ $ 718 $ 293 $ 8 $ 1 $ (1) $ (1) Class C Shares............... 127 40 1 -- (9) (1) Amount................ $ 1,366 $ 396 $ 10 $ 1 $ (96) $ (10) Class R3 Shares............... -- -- -- -- -- -- Amount................ $ -- $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... -- -- -- -- -- -- Amount................ $ -- $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... -- -- -- -- -- -- Amount................ $ -- $ -- $ -- $ -- $ -- $ -- Class Y Shares............... -- 10 -- -- -- -- Amount................ $ -- $ 100 $ 2 $ 1 $ -- $ -- CAPITAL APPRECIATION FUND: Class A Shares............... 44,075 84,017 17,872 14,870 (19,926) (30,418) Amount................ $1,680,932 $3,124,042 $659,969 $506,913 $(761,678) $(1,131,379) Class B Shares............... 4,141 8,674 4,371 4,950 (4,474) (10,212) Amount................ $ 143,350 $ 296,102 $146,177 $155,430 $(155,169) $ (346,891) Class C Shares............... 16,814 29,995 6,331 5,348 (5,643) (7,758) Amount................ $ 584,032 $1,028,852 $212,674 $168,448 $(196,640) $ (265,307) Class I Shares............... 1,493 131 17 -- (38) -- Amount................ $ 56,847 $ 5,082 $ 626 $ -- $ (1,440) $ -- Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 34 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... -- -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... -- -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 5,791 3,241 1,019 605 (436) (400) Amount................ $ 236,145 $ 127,775 $ 40,269 $ 21,836 $ (17,938) $ (15,793) CAPITAL APPRECIATION II FUND: Class A Shares............... 15,583 15,712 400 68 (2,491) (2,554) Amount................ $ 215,214 $ 195,318 $ 5,193 $ 756 $ (34,052) $ (31,236) Class B Shares............... 2,049 1,831 52 8 (141) (168) Amount................ $ 27,963 $ 22,555 $ 666 $ 89 $ (1,902) $ (2,061) Class C Shares............... 8,102 6,194 166 23 (421) (468) Amount................ $ 110,721 $ 76,372 $ 2,128 $ 261 $ (5,741) $ (5,716) Class I Shares............... 3,047 252 6 -- (927) -- Amount................ $ 42,209 $ 3,204 $ 77 $ -- $ (12,495) $ (1) SHARES ISSUED FROM MERGER M, N AND H TO L OR NET INCREASE (DECREASE) E OR Z TO Y OF SHARES ------------------------ ------------------------- 2007 2006 2007 2006 ---------- ----------- ----------- ----------- BALANCED ALLOCATION FUND: Class A Shares............... -- -- 5,422 13,745 Amount................ $ -- $ -- $ 64,961 $ 158,77 Class B Shares............... -- -- 915 2,458 Amount................ $ -- $ -- $ 10,936 $ 28,305 Class C Shares............... -- -- 2,427 4,830 Amount................ $ -- $ -- $ 29,171 $ 55,648 Class I Shares............... -- -- 66 29 Amount................ $ -- $ -- $ 796 $ 348 Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- BALANCED INCOME FUND: Class A Shares............... -- -- 1,177 1,105 Amount................ $ -- $ -- $ 12,559 $ 11,094 Class B Shares............... -- -- 68 29 Amount................ $ -- $ -- $ 725 $ 293 Class C Shares............... -- -- 119 39 Amount................ $ -- $ -- $ 1,280 $ 387 Class R3 Shares............... -- -- -- -- Amount................ $ -- $ -- $ -- $ -- Class R4 Shares............... -- -- -- -- Amount................ $ -- $ -- $ -- $ -- Class R5 Shares............... -- -- -- -- Amount................ $ -- $ -- $ -- $ -- Class Y Shares............... -- -- -- 10 Amount................ $ -- $ -- $ 2 $ 101 CAPITAL APPRECIATION FUND: Class A Shares............... -- -- 42,021 68,469 Amount................ $ -- $ -- $1,579,223 $2,499,576 Class B Shares............... -- -- 4,038 3,412 Amount................ $ -- $ -- $ 134,358 $ 104,641 Class C Shares............... -- -- 17,502 27,585 Amount................ $ -- $ -- $ 600,066 $ 931,993 Class I Shares............... -- -- 1,472 131 Amount................ $ -- $ -- $ 56,033 $ 5,082 Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 34 $ -- Class R4 Shares............... -- -- -- -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- -- -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- 6,374 3,446 Amount................ $ -- $ -- $ 258,476 $ 133,818 CAPITAL APPRECIATION II FUND: Class A Shares............... -- -- 13,492 13,226 Amount................ $ -- $ -- $ 186,355 $ 164,838 Class B Shares............... -- -- 1,960 1,671 Amount................ $ -- $ -- $ 26,727 $ 20,583 Class C Shares............... -- -- 7,847 5,749 Amount................ $ -- $ -- $ 107,108 $ 70,917 Class I Shares............... -- -- 2,126 252 Amount................ $ -- $ -- $ 29,791 $ 3,203
331 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
SHARES ISSUED FOR SHARES SOLD REINVESTED DIVIDENDS SHARES REDEEMED ------------------------- --------------------- ------------------------- 2007 2006 2007 2006 2007 2006 ----------- ----------- --------- --------- ---------- ------------ CAPITAL APPRECIATION II FUND: (CONTINUED) Class R3 Shares............... 23 -- -- -- (12) -- Amount................ $ 317 $ -- $ -- $ -- $ (171) $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... -- -- -- -- -- (21) Amount................ $ -- $ -- $ 3 $ 5 $ -- $ (259) CONSERVATIVE ALLOCATION FUND: Class A Shares............... 1,689 4,226 371 244 (955) (2,764) Amount................ $ 18,696 $ 45,809 $ 4,062 $ 2,610 $ (10,582) $ (29,932) Class B Shares............... 288 781 75 44 (163) (338) Amount................ $ 3,183 $ 8,456 $ 816 $ 476 $ (1,799) $ (3,670) Class C Shares............... 1,521 2,288 118 78 (1,340) (1,727) Amount................ $ 16,752 $ 24,716 $ 1,286 $ 832 $ (14,892) $ (18,742) Class I Shares............... 315 1 2 -- (1) -- Amount................ $ 3,476 $ 10 $ 23 $ -- $ (11) $ -- Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- DISCIPLINED EQUITY FUND: Class A Shares............... 417 935 99 24 (1,894) (4,408) Amount................ $ 5,706 $ 11,655 $ 1,346 $ 299 $ (25,839) $ (54,869) Class B Shares............... 63 149 3 -- (433) (841) Amount................ $ 815 $ 1,770 $ 38 $ -- $ (5,643) $ (9,997) Class C Shares............... 38 70 1 -- (324) (737) Amount................ $ 482 $ 842 $ 17 $ -- $ (4,195) $ (8,780) Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 674 5,783 47 45 (6,520) (70) Amount................ $ 9,544 $ 73,790 $ 659 $ 573 $ (89,351) $ (884) DIVIDEND AND GROWTH FUND: Class A Shares............... 13,503 21,843 8,752 5,992 (7,999) (16,022) Amount................ $ 284,917 $ 433,830 $178,167 $113,149 $(168,504) $ (316,783) Class B Shares............... 1,465 2,428 1,151 816 (1,809) (4,214) Amount................ $ 30,432 $ 47,610 $ 23,005 $ 15,076 $ (37,567) $ (82,135) Class C Shares............... 1,442 2,192 995 679 (1,212) (2,804) Amount................ $ 29,890 $ 43,037 $ 19,855 $ 12,532 $ (25,094) $ (54,455) Class I Shares............... 34 -- -- -- (3) -- Amount................ $ 708 $ 10 $ 5 $ -- $ (74) $ -- Class R3 Shares............... -- -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... -- -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... -- -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 361 1,165 401 327 (1,223) (1,299) Amount................ $ 7,675 $ 23,005 $ 8,266 $ 6,264 $ (25,911) $ (25,711) SHARES ISSUED FROM MERGER M, N AND H TO L OR NET INCREASE (DECREASE) E OR Z TO Y OF SHARES ------------------------ ------------------------- 2007 2006 2007 2006 ---------- ----------- ----------- ----------- CAPITAL APPRECIATION II FUND: (CONTINUED) Class R3 Shares............... -- -- 11 -- Amount................ $ -- $ -- $ 146 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- -- (21) Amount................ $ -- $ -- $ 3 $ (254) CONSERVATIVE ALLOCATION FUND: Class A Shares............... -- -- 1,105 1,706 Amount................ $ -- $ -- $ 12,176 $ 18,487 Class B Shares............... -- -- 200 487 Amount................ $ -- $ -- $ 2,200 $ 5,262 Class C Shares............... -- -- 299 639 Amount................ $ -- $ -- $ 3,146 $ 6,806 Class I Shares............... -- -- 316 1 Amount................ $ -- $ -- $ 3,488 $ 10 Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- DISCIPLINED EQUITY FUND: Class A Shares............... -- -- (1,378) (3,449) Amount................ $ -- $ -- $ (18,787) $ (42,915) Class B Shares............... -- -- (367) (692) Amount................ $ -- $ -- $ (4,790) $ (8,227) Class C Shares............... -- -- (285) (667) Amount................ $ -- $ -- $ (3,696) $ (7,938) Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- (5,799) 5,758 Amount................ $ -- $ -- $ (79,148) $ 73,479 DIVIDEND AND GROWTH FUND: Class A Shares............... -- -- 14,256 11,813 Amount................ $ -- $ -- $ 294,580 $ 230,196 Class B Shares............... -- -- 807 (970) Amount................ $ -- $ -- $ 15,870 $ (19,449) Class C Shares............... -- -- 1,225 67 Amount................ $ -- $ -- $ 24,651 $ 1,114 Class I Shares............... -- -- 31 -- Amount................ $ -- $ -- $ 639 $ 10 Class R3 Shares............... -- -- -- -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- -- -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- -- -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- (461) 193 Amount................ $ -- $ -- $ (9,970) $ 3,558
332 - --------------------------------------------------------------------------------
SHARES ISSUED FOR SHARES SOLD REINVESTED DIVIDENDS SHARES REDEEMED ------------------------- --------------------- ------------------------- 2007 2006 2007 2006 2007 2006 ----------- ----------- --------- --------- ---------- ------------ EQUITY GROWTH ALLOCATION FUND: Class A Shares............... 2,203 4,899 342 42 (757) (1,216) Amount................ $ 29,712 $ 61,480 $ 4,489 $ 510 $ (10,224) $ (15,270) Class B Shares............... 448 1,044 83 3 (145) (278) Amount................ $ 6,010 $ 13,071 $ 1,077 $ 36 $ (1,952) $ (3,471) Class C Shares............... 781 2,047 115 5 (345) (965) Amount................ $ 10,486 $ 25,510 $ 1,505 $ 55 $ (4,648) $ (11,848) Class I Shares............... 3 1 -- -- -- -- Amount................ $ 47 $ 10 $ -- $ -- $ -- $ -- Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- EQUITY INCOME FUND: Class A Shares............... 8,062 10,053 1,854 810 (2,126) (4,434) Amount................ $ 113,221 $ 131,486 $ 25,241 $ 10,337 $ (29,853) $ (57,353) Class B Shares............... 535 719 132 45 (254) (489) Amount................ $ 7,492 $ 9,425 $ 1,788 $ 564 $ (3,577) $ (6,321) Class C Shares............... 606 798 182 66 (357) (886) Amount................ $ 8,473 $ 10,592 $ 2,466 $ 830 $ (4,993) $ (11,291) Class I Shares............... 35 8 -- -- (1) -- Amount................ $ 490 $ 106 $ 8 $ -- $ (11) $ -- Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 8,329 823 234 5 (214) (354) Amount................ $ 114,953 $ 10,950 $ 3,231 $ 60 $ (3,057) $ (4,966) FLOATING RATE FUND: Class A Shares............... 123,445 176,071 3,711 3,137 (54,220) (47,642) Amount................ $1,251,985 $1,783,858 $ 37,617 $ 31,686 $(549,796) $ (482,556) Class B Shares............... 2,319 3,969 83 64 (419) (420) Amount................ $ 23,498 $ 40,179 $ 844 $ 648 $ (4,250) $ (4,254) Class C Shares............... 83,650 77,439 2,208 1,490 (9,794) (6,104) Amount................ $ 847,841 $ 783,956 $ 22,356 $ 15,041 $ (99,265) $ (61,784) Class I Shares............... 50,834 6,294 631 18 (9,989) (200) Amount................ $ 515,739 $ 63,716 $ 6,401 $ 184 $(101,392) $ (2,026) Class R3 Shares............... 3 -- -- -- -- -- Amount................ $ 35 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 2,383 3,878 225 274 (20) (114) Amount................ $ 24,171 $ 39,234 $ 2,283 $ 2,763 $ (206) $ (1,148) FUNDAMENTAL GROWTH FUND: Class A Shares............... 44 275 -- 27 (603) (1,534) Amount................ $ 510 $ 2,936 $ -- $ 291 $ (7,032) $ (16,258) Class B Shares............... 15 58 -- -- (162) (348) Amount................ $ 169 $ 602 $ -- $ -- $ (1,822) $ (3,590) SHARES ISSUED FROM MERGER M, N AND H TO L OR NET INCREASE (DECREASE) E OR Z TO Y OF SHARES ------------------------ ------------------------- 2007 2006 2007 2006 ---------- ----------- ----------- ----------- EQUITY GROWTH ALLOCATION FUND: Class A Shares............... -- -- 1,788 3,725 Amount................ $ -- $ -- $ 23,977 $ 46,720 Class B Shares............... -- -- 386 769 Amount................ $ -- $ -- $ 5,135 $ 9,636 Class C Shares............... -- -- 551 1,087 Amount................ $ -- $ -- $ 7,343 $ 13,717 Class I Shares............... -- -- 3 1 Amount................ $ -- $ -- $ 47 $ 10 Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- EQUITY INCOME FUND: Class A Shares............... -- -- 7,790 6,429 Amount................ $ -- $ -- $ 108,609 $ 84,470 Class B Shares............... -- -- 413 275 Amount................ $ -- $ -- $ 5,703 $ 3,668 Class C Shares............... -- -- 431 (22) Amount................ $ -- $ -- $ 5,946 $ 131 Class I Shares............... -- -- 34 8 Amount................ $ -- $ -- $ 487 $ 106 Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- 8,349 474 Amount................ $ -- $ -- $ 115,127 $ 6,044 FLOATING RATE FUND: Class A Shares............... -- -- 72,936 131,566 Amount................ $ -- $ -- $ 739,806 $1,332,988 Class B Shares............... -- -- 1,983 3,613 Amount................ $ -- $ -- $ 20,092 $ 36,573 Class C Shares............... -- -- 76,064 72,825 Amount................ $ -- $ -- $ 770,932 $ 737,213 Class I Shares............... -- -- 41,476 6,112 Amount................ $ -- $ -- $ 420,748 $ 61,874 Class R3 Shares............... -- -- 3 -- Amount................ $ -- $ -- $ 35 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- 2,588 4,038 Amount................ $ -- $ -- $ 26,248 $ 40,849 FUNDAMENTAL GROWTH FUND: Class A Shares............... -- -- (559) (1,232) Amount................ $ -- $ -- $ (6,522) $ (13,031) Class B Shares............... -- -- (147) (290) Amount................ $ -- $ -- $ (1,653) $ (2,988)
333 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
SHARES ISSUED FOR SHARES SOLD REINVESTED DIVIDENDS SHARES REDEEMED ------------------------- --------------------- ------------------------- 2007 2006 2007 2006 2007 2006 ----------- ----------- --------- --------- ---------- ------------ FUNDAMENTAL GROWTH FUND: (CONTINUED) Class C Shares............... 51 62 -- -- (229) (521) Amount................ $ 582 $ 640 $ -- $ -- $ (2,583) $ (5,389) Class Y Shares............... 6 9 -- -- (20) (11) Amount................ $ 67 $ 98 $ -- $ 5 $ (240) $ (124) GLOBAL COMMUNICATIONS FUND: Class A Shares............... 1,050 1,932 33 33 (722) (2,088) Amount................ $ 9,190 $ 14,513 $ 280 $ 244 $ (6,359) $ (14,704) Class B Shares............... 104 234 7 4 (65) (117) Amount................ $ 877 $ 1,718 $ 55 $ 27 $ (549) $ (838) Class C Shares............... 222 429 6 3 (80) (150) Amount................ $ 1,892 $ 3,120 $ 53 $ 19 $ (672) $ (1,076) Class Y Shares............... 40 61 2 2 (26) (30) Amount................ $ 350 $ 460 $ 23 $ 12 $ (222) $ (235) GLOBAL FINANCIAL SERVICES FUND: Class A Shares............... 258 469 101 11 (229) (158) Amount................ $ 3,547 $ 6,307 $ 1,348 $ 134 $ (3,202) $ (2,058) Class B Shares............... 20 58 17 1 (21) (56) Amount................ $ 267 $ 737 $ 232 $ 12 $ (289) $ (722) Class C Shares............... 81 103 19 1 (25) (50) Amount................ $ 1,087 $ 1,335 $ 254 $ 8 $ (344) $ (632) Class Y Shares............... 55 9 5 1 (18) (10) Amount................ $ 762 $ 128 $ 67 $ 10 $ (249) $ (127) GLOBAL HEALTH FUND: Class A Shares............... 6,119 10,199 732 762 (2,329) (2,925) Amount................ $ 108,587 $ 172,479 $ 12,317 $ 12,090 $ (41,189) $ (49,348) Class B Shares............... 323 675 189 276 (473) (694) Amount................ $ 5,426 $ 10,885 $ 3,013 $ 4,176 $ (7,911) $ (11,132) Class C Shares............... 1,456 1,731 214 274 (504) (807) Amount................ $ 24,584 $ 27,974 $ 3,401 $ 4,150 $ (8,418) $ (12,939) Class I Shares............... 544 44 2 -- (351) -- Amount................ $ 9,665 $ 784 $ 27 $ -- $ (6,277) $ -- Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 22 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 18 114 405 597 (10) (281) Amount................ $ 333 $ 1,981 $ 7,106 $ 9,803 $ (176) $ (4,950) GLOBAL LEADERS FUND: Class A Shares............... 749 1,677 1,100 291 (2,387) (5,356) Amount................ $ 14,542 $ 31,222 $ 20,508 $ 4,961 $ (46,341) $ (98,431) Class B Shares............... 94 292 223 57 (596) (1,203) Amount................ $ 1,716 $ 5,140 $ 3,904 $ 916 $ (10,888) $ (21,020) Class C Shares............... 90 194 190 50 (414) (1,108) Amount................ $ 1,637 $ 3,416 $ 3,337 $ 807 $ (7,551) $ (19,418) Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 1,167 3,682 457 81 (840) (164) Amount................ $ 23,540 $ 70,888 $ 8,887 $ 1,465 $ (16,582) $ (3,181) SHARES ISSUED FROM MERGER M, N AND H TO L OR NET INCREASE (DECREASE) E OR Z TO Y OF SHARES ------------------------ ------------------------- 2007 2006 2007 2006 ---------- ----------- ----------- ----------- FUNDAMENTAL GROWTH FUND: (CONTINUED) Class C Shares............... -- -- (178) (459) Amount................ $ -- $ -- $ (2,001) $ (4,749) Class Y Shares............... -- -- (14) (2) Amount................ $ -- $ -- $ (173) $ (21) GLOBAL COMMUNICATIONS FUND: Class A Shares............... -- -- 361 (123) Amount................ $ -- $ -- $ 3,111 $ 53 Class B Shares............... -- -- 46 121 Amount................ $ -- $ -- $ 383 $ 907 Class C Shares............... -- -- 148 282 Amount................ $ -- $ -- $ 1,273 $ 2,063 Class Y Shares............... -- -- 16 33 Amount................ $ -- $ -- $ 151 $ 237 GLOBAL FINANCIAL SERVICES FUND: Class A Shares............... -- -- 130 322 Amount................ $ -- $ -- $ 1,693 $ 4,383 Class B Shares............... -- -- 16 3 Amount................ $ -- $ -- $ 210 $ 27 Class C Shares............... -- -- 75 54 Amount................ $ -- $ -- $ 997 $ 711 Class Y Shares............... -- -- 42 -- Amount................ $ -- $ -- $ 580 $ 11 GLOBAL HEALTH FUND: Class A Shares............... -- -- 4,522 8,036 Amount................ $ -- $ -- $ 79,715 $ 135,221 Class B Shares............... -- -- 39 257 Amount................ $ -- $ -- $ 528 $ 3,929 Class C Shares............... -- -- 1,166 1,198 Amount................ $ -- $ -- $ 19,567 $ 19,185 Class I Shares............... -- -- 195 44 Amount................ $ -- $ -- $ 3,415 $ 784 Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 22 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- 413 430 Amount................ $ -- $ -- $ 7,263 $ 6,834 GLOBAL LEADERS FUND: Class A Shares............... -- -- (538) (3,388) Amount................ $ -- $ -- $ (11,291) $ (62,248) Class B Shares............... -- -- (279) (854) Amount................ $ -- $ -- $ (5,268) $ (14,964) Class C Shares............... -- -- (134) (864) Amount................ $ -- $ -- $ (2,577) $ (15,195) Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- 784 3,599 Amount................ $ -- $ -- $ 15,845 $ 69,172
334 - --------------------------------------------------------------------------------
SHARES ISSUED FOR SHARES SOLD REINVESTED DIVIDENDS SHARES REDEEMED ------------------------- --------------------- ------------------------- 2007 2006 2007 2006 2007 2006 ----------- ----------- --------- --------- ---------- ------------ GLOBAL TECHNOLOGY FUND: Class A Shares............... 588 2,377 -- -- (1,034) (2,043) Amount................ $ 3,484 $ 13,278 $ -- $ -- $ (6,123) $ (11,154) Class B Shares............... 102 252 -- -- (241) (501) Amount................ $ 581 $ 1,345 $ -- $ -- $ (1,360) $ (2,596) Class C Shares............... 217 434 -- -- (240) (545) Amount................ $ 1,221 $ 2,312 $ -- $ -- $ (1,347) $ (2,821) Class R3 Shares............... -- -- -- -- -- -- Amount................ $ -- $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... -- -- -- -- -- -- Amount................ $ -- $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... -- -- -- -- -- -- Amount................ $ -- $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 101 73 -- -- (28) (62) Amount................ $ 612 $ 406 $ -- $ -- $ (168) $ (350) GROWTH ALLOCATION FUND: Class A Shares............... 5,727 14,253 1,184 218 (2,615) (3,471) Amount................ $ 73,315 $ 172,307 $ 14,829 $ 2,574 $ (33,521) $ (41,894) Class B Shares............... 1,374 3,507 297 33 (552) (838) Amount................ $ 17,500 $ 42,151 $ 3,694 $ 391 $ (7,026) $ (10,106) Class C Shares............... 2,283 7,158 452 46 (1,735) (1,736) Amount................ $ 29,042 $ 86,258 $ 5,620 $ 534 $ (22,011) $ (20,878) Class I Shares............... 45 1 -- -- (1) -- Amount................ $ 564 $ 10 $ 5 $ -- $ (11) $ -- Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- GROWTH FUND: Class A Shares............... 4,880 14,712 2,347 -- (10,688) (13,049) Amount................ $ 86,326 $ 266,545 $ 40,196 $ -- $(191,186) $ (236,091) Class B Shares............... 99 378 216 -- (505) (674) Amount................ $ 1,520 $ 6,108 $ 3,228 $ -- $ (7,779) $ (10,763) Class C Shares............... 487 1,376 377 -- (1,172) (1,485) Amount................ $ 7,502 $ 22,210 $ 5,646 $ -- $ (18,122) $ (23,799) Class H Shares............... 13 58 79 -- (91) (409) Amount................ $ 206 $ 941 $ 1,195 $ -- $ (1,416) $ (6,608) Class I Shares............... 1,257 106 69 -- (103) -- Amount................ $ 22,938 $ 1,972 $ 1,183 $ -- $ (1,823) $ -- Class L Shares............... 226 597 1,038 -- (1,762) (2,787) Amount................ $ 4,050 $ 10,999 $ 18,026 $ -- $ (31,656) $ (51,150) Class M Shares............... 20 75 83 -- (88) (337) Amount................ $ 303 $ 1,232 $ 1,257 $ -- $ (1,381) $ (5,459) Class N Shares............... 3 12 20 -- (15) (61) Amount................ $ 49 $ 198 $ 299 $ -- $ (230) $ (997) Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 298 5,741 430 -- (2,819) (1,830) Amount................ $ 5,436 $ 108,099 $ 7,557 $ -- $ (51,574) $ (33,915) SHARES ISSUED FROM MERGER M, N AND H TO L OR NET INCREASE (DECREASE) E OR Z TO Y OF SHARES ------------------------ ------------------------- 2007 2006 2007 2006 ---------- ----------- ----------- ----------- GLOBAL TECHNOLOGY FUND: Class A Shares............... -- -- (446) 334 Amount................ $ -- $ -- $ (2,639) $ 2,124 Class B Shares............... -- -- (139) (249) Amount................ $ -- $ -- $ (779) $ (1,251) Class C Shares............... -- -- (23) (111) Amount................ $ -- $ -- $ (126) $ (509) Class R3 Shares............... -- -- -- -- Amount................ $ -- $ -- $ -- $ -- Class R4 Shares............... -- -- -- -- Amount................ $ -- $ -- $ -- $ -- Class R5 Shares............... -- -- -- -- Amount................ $ -- $ -- $ -- $ -- Class Y Shares............... -- -- 73 11 Amount................ $ -- $ -- $ 444 $ 56 GROWTH ALLOCATION FUND: Class A Shares............... -- -- 4,296 11,000 Amount................ $ -- $ -- $ 54,623 $ 132,987 Class B Shares............... -- -- 1,119 2,702 Amount................ $ -- $ -- $ 14,168 $ 32,436 Class C Shares............... -- -- 1,000 5,468 Amount................ $ -- $ -- $ 12,651 $ 65,914 Class I Shares............... -- -- 44 1 Amount................ $ -- $ -- $ 558 $ 10 Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- GROWTH FUND: Class A Shares............... -- -- (3,461) 1,663 Amount................ $ -- $ -- (64,664) $ 30,454 Class B Shares............... -- -- (190) (296) Amount................ $ -- $ -- (3,031) $ (4,655) Class C Shares............... -- -- (308) (109) Amount................ $ -- $ -- (4,974) $ (1,589) Class H Shares............... (929) -- (928) (351) Amount................ $ (30,962) $ -- (30,977) $ (5,667) Class I Shares............... -- -- 1,223 106 Amount................ $ -- $ -- 22,298 $ 1,972 Class L Shares............... 1,875 -- 1,377 (2,190) Amount................ $ 65,128 $ -- 55,548 $ (40,151) Class M Shares............... (987) -- (972) (262) Amount................ $ (26,545) $ -- (26,366) $ (4,227) Class N Shares............... (241) -- (233) (49) Amount................ $ (7,621) $ -- (7,503) $ (799) Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- 10 $ -- Class Y Shares............... -- -- (2,091) 3,911 Amount................ $ -- $ -- (38,581) $ 74,184
335 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
SHARES ISSUED FOR SHARES SOLD REINVESTED DIVIDENDS SHARES REDEEMED ------------------------- --------------------- ------------------------- 2007 2006 2007 2006 2007 2006 ----------- ----------- --------- --------- ---------- ------------ GROWTH OPPORTUNITIES FUND: Class A Shares............... 3,368 8,579 578 268 (1,663) (2,516) Amount................ $ 97,573 $ 245,120 $ 15,958 $ 7,160 $ (48,666) $ (71,765) Class B Shares............... 142 628 115 69 (143) (182) Amount................ $ 3,515 $ 15,570 $ 2,686 $ 1,609 $ (3,541) $ (4,473) Class C Shares............... 537 1,341 147 66 (233) (301) Amount................ $ 13,287 $ 33,215 $ 3,440 $ 1,526 $ (5,730) $ (7,419) Class H Shares............... 20 79 116 130 (111) (415) Amount................ $ 490 $ 1,979 $ 2,764 $ 3,053 $ (2,756) $ (10,317) Class I Shares............... 53 3 -- -- (1) -- Amount................ $ 1,532 $ 73 $ 6 $ -- $ (17) $ -- Class L Shares............... 279 585 1,407 1,435 (1,577) (2,588) Amount................ $ 8,303 $ 16,889 $ 39,412 $ 38,851 $ (46,677) $ (74,520) Class M Shares............... 16 59 73 78 (58) (215) Amount................ $ 403 $ 1,465 $ 1,744 $ 1,817 $ (1,455) $ (5,353) Class N Shares............... 5 12 18 19 (12) (38) Amount................ $ 112 $ 303 $ 434 $ 435 $ (278) $ (946) Class R3 Shares............... 3 -- -- -- -- -- Amount................ $ 81 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... -- -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... -- -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 653 1,470 134 68 (1,154) (87) Amount................ $ 19,404 $ 43,059 $ 3,797 $ 1,841 $ (34,146) $ (2,512) Class Z Shares............... 5 20 79 80 (41) (113) Amount................ $ 140 $ 614 $ 2,327 $ 2,251 $ (1,257) $ (3,413) HIGH YIELD FUND: Class A Shares............... 3,385 8,977 730 1,417 (3,501) (10,688) Amount................ $ 27,463 $ 70,114 $ 5,924 $ 11,061 $ (28,376) $ (83,544) Class B Shares............... 373 431 106 235 (728) (2,047) Amount................ $ 3,023 $ 3,366 $ 862 $ 1,833 $ (5,899) $ (15,998) Class C Shares............... 441 656 101 222 (835) (2,402) Amount................ $ 3,574 $ 5,119 $ 815 $ 1,733 $ (6,777) $ (18,759) Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 114 660 16 230 (2,693) (1,164) Amount................ $ 935 $ 5,159 $ 131 $ 1,794 $ (21,508) $ (9,111) INCOME ALLOCATION FUND: Class A Shares............... 1,030 1,804 51 93 (355) (1,297) Amount................ $ 10,259 $ 17,725 $ 506 $ 912 $ (3,532) $ (12,731) Class B Shares............... 64 240 6 15 (86) (180) Amount................ $ 632 $ 2,363 $ 66 $ 141 $ (854) $ (1,774) Class C Shares............... 211 465 10 28 (248) (459) Amount................ $ 2,100 $ 4,577 $ 98 $ 270 $ (2,458) $ (4,516) Class I Shares............... 54 1 -- -- -- -- Amount................ $ 540 $ 10 $ 4 $ -- $ (10) $ -- Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- SHARES ISSUED FROM MERGER M, N AND H TO L OR NET INCREASE (DECREASE) E OR Z TO Y OF SHARES ------------------------ ------------------------- 2007 2006 2007 2006 ---------- ----------- ----------- ----------- GROWTH OPPORTUNITIES FUND: Class A Shares............... -- -- 2,283 6,331 Amount................ $ -- $ -- $ 64,865 $ 180,515 Class B Shares............... -- -- 114 515 Amount................ $ -- $ -- $ 2,660 $ 12,706 Class C Shares............... -- -- 451 1,106 Amount................ $ -- $ -- $ 10,997 $ 27,322 Class H Shares............... (1,339) -- (1,314) (206) Amount................ $ (56,180) $ -- $ (55,682) $ (5,285) Class I Shares............... -- -- 52 3 Amount................ $ -- $ -- $ 1,521 $ 73 Class L Shares............... 2,047 -- 2,156 (568) Amount................ $ 96,854 $ -- $ 97,892 $ (18,780) Class M Shares............... (858) -- (827) (78) Amount................ $ (32,158) $ -- $ (31,466) $ (2,071) Class N Shares............... (219) -- (208) (7) Amount................ $ (8,516) $ -- $ (8,248) $ (208) Class R3 Shares............... -- -- 3 -- Amount................ $ -- $ -- $ 81 $ -- Class R4 Shares............... -- -- -- -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- -- -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... 1,238 -- 871 1,451 Amount................ $ 44,879 $ -- $ 33,934 $ 42,388 Class Z Shares............... (1,190) -- (1,147) (13) Amount................ $ (44,879) $ -- $ (43,669) $ (548) HIGH YIELD FUND: Class A Shares............... -- -- 614 (294) Amount................ $ -- $ -- $ 5,011 $ (2,369) Class B Shares............... -- -- (249) (1,381) Amount................ $ -- $ -- $ (2,014) $ (10,799) Class C Shares............... -- -- (293) (1,524) Amount................ $ -- $ -- $ (2,388) $ (11,907) Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- (2,563) (274) Amount................ $ -- $ -- $ (20,442) $ (2,158) INCOME ALLOCATION FUND: Class A Shares............... -- -- 726 600 Amount................ $ -- $ -- $ 7,233 $ 5,906 Class B Shares............... -- -- (16) 75 Amount................ $ -- $ -- $ (156) $ 730 Class C Shares............... -- -- (27) 34 Amount................ $ -- $ -- $ (260) $ 331 Class I Shares............... -- -- 54 1 Amount................ $ -- $ -- $ 534 $ 10 Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ --
336 - --------------------------------------------------------------------------------
SHARES ISSUED FOR SHARES SOLD REINVESTED DIVIDENDS SHARES REDEEMED ------------------------- --------------------- ------------------------- 2007 2006 2007 2006 2007 2006 ----------- ----------- --------- --------- ---------- ------------ INCOME FUND: Class A Shares............... 4,487 1,931 100 140 (480) (1,299) Amount................ $ 46,607 $ 19,739 $ 1,041 $ 1,426 $ (4,987) $ (13,210) Class B Shares............... 227 303 13 19 (74) (206) Amount................ $ 2,354 $ 3,092 $ 134 $ 193 $ (771) $ (2,105) Class C Shares............... 544 459 15 16 (154) (193) Amount................ $ 5,673 $ 4,707 $ 159 $ 158 $ (1,602) $ (1,982) Class Y Shares............... 7,756 4,159 317 158 (218) (43) Amount................ $ 80,331 $ 42,424 $ 3,290 $ 1,607 $ (2,253) $ (437) INFLATION PLUS FUND: Class A Shares............... 870 6,599 125 1,182 (8,270) (19,610) Amount................ $ 9,069 $ 69,233 $ 1,315 $ 12,325 $ (86,111) $ (205,003) Class B Shares............... 72 671 38 292 (1,648) (3,298) Amount................ $ 749 $ 7,065 $ 401 $ 3,041 $ (17,146) $ (34,349) Class C Shares............... 303 3,716 83 840 (7,143) (15,919) Amount................ $ 3,154 $ 39,087 $ 869 $ 8,763 $ (74,267) $ (166,129) Class I Shares............... 19 2 -- -- (1) -- Amount................ $ 202 $ 18 $ -- $ -- $ (10) $ -- Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 1,293 4,633 83 544 (4,697) (687) Amount................ $ 13,463 $ 48,407 $ 881 $ 5,664 $ (48,922) $ (7,186) INTERNATIONAL CAPITAL APPRECIATION FUND: Class A Shares............... 7,322 6,648 1,390 149 (1,741) (3,344) Amount................ $ 108,255 $ 93,188 $ 19,326 $ 1,845 $ (25,511) $ (45,644) Class B Shares............... 512 764 221 21 (217) (374) Amount................ $ 7,231 $ 10,391 $ 2,963 $ 246 $ (3,073) $ (4,998) Class C Shares............... 598 1,086 279 26 (316) (611) Amount................ $ 8,460 $ 14,849 $ 3,729 $ 307 $ (4,479) $ (8,171) Class I Shares............... 12 1 -- -- (3) -- Amount................ $ 189 $ 10 $ 2 $ -- $ (52) $ -- Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 150 987 243 117 (4,485) (2,492) Amount................ $ 2,220 $ 13,640 $ 3,442 $ 1,490 $ (65,785) $ (35,103) INTERNATIONAL OPPORTUNITIES FUND: Class A Shares............... 1,651 4,125 296 27 (899) (2,091) Amount................ $ 28,002 $ 61,337 $ 4,823 $ 371 $ (15,373) $ (31,257) Class B Shares............... 214 517 52 -- (241) (532) Amount................ $ 3,418 $ 7,280 $ 803 $ -- $ (3,863) $ (7,467) Class C Shares............... 222 322 37 -- (164) (315) Amount................ $ 3,488 $ 4,529 $ 563 $ -- $ (2,598) $ (4,380) Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 22 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- SHARES ISSUED FROM MERGER M, N AND H TO L OR NET INCREASE (DECREASE) E OR Z TO Y OF SHARES ------------------------ ------------------------- 2007 2006 2007 2006 ---------- ----------- ----------- ----------- INCOME FUND: Class A Shares............... -- -- 4,107 772 Amount................ $ -- $ -- $ 42,661 $ 7,955 Class B Shares............... -- -- 166 116 Amount................ $ -- $ -- $ 1,717 $ 1,180 Class C Shares............... -- -- 405 282 Amount................ $ -- $ -- $ 4,230 $ 2,883 Class Y Shares............... -- -- 7,855 4,274 Amount................ $ -- $ -- $ 81,368 $ 43,594 INFLATION PLUS FUND: Class A Shares............... -- -- (7,275) (11,829) Amount................ $ -- $ -- $ (75,727) $ (123,445) Class B Shares............... -- -- (1,538) (2,335) Amount................ $ -- $ -- $ (15,996) $ (24,243) Class C Shares............... -- -- (6,757) (11,363) Amount................ $ -- $ -- $ (70,244) $ (118,279) Class I Shares............... -- -- 18 2 Amount................ $ -- $ -- $ 192 $ 18 Class R3 Shares............... -- -- 1 -- Amount................ -- -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- (3,321) 4,490 Amount................ $ -- $ -- $ (34,578) $ 46,885 INTERNATIONAL CAPITAL APPRECIATION FUND: Class A Shares............... -- -- 6,971 3,453 Amount................ $ -- $ -- $ 102,070 $ 49,389 Class B Shares............... -- -- 516 411 Amount................ $ -- $ -- $ 7,121 $ 5,639 Class C Shares............... -- -- 561 501 Amount................ $ -- $ -- $ 7,710 $ 6,985 Class I Shares............... -- -- 9 1 Amount................ $ -- $ -- $ 139 $ 10 Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- (4,092) (1,388) Amount................ $ -- $ -- $ (60,123) $ (19,973) INTERNATIONAL OPPORTUNITIES FUND: Class A Shares............... -- -- 1,048 2,061 Amount................ $ -- $ -- $ 17,452 $ 30,451 Class B Shares............... -- -- 25 (15) Amount................ $ -- $ -- $ 358 $ (187) Class C Shares............... -- -- 95 7 Amount................ $ -- $ -- $ 1,453 $ 149 Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 22 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ --
337 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
SHARES ISSUED FOR SHARES SOLD REINVESTED DIVIDENDS SHARES REDEEMED ------------------------- --------------------- ------------------------- 2007 2006 2007 2006 2007 2006 ----------- ----------- --------- --------- ---------- ------------ INTERNATIONAL OPPORTUNITIES FUND: (CONTINUED) Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 3,120 2,439 172 9 (306) (223) Amount................ $ 52,005 $ 35,931 $ 2,916 $ 131 $ (5,484) $ (3,434) INTERNATIONAL SMALL COMPANY FUND: Class A Shares............... 3,133 2,850 613 331 (762) (1,304) Amount................ $ 48,944 $ 42,844 $ 8,847 $ 4,265 $ (11,783) $ (19,359) Class B Shares............... 265 425 109 57 (71) (160) Amount................ $ 4,001 $ 6,207 $ 1,512 $ 717 $ (1,075) $ (2,317) Class C Shares............... 592 492 162 119 (191) (338) Amount................ $ 8,917 $ 7,108 $ 2,221 $ 1,465 $ (2,838) $ (4,665) Class Y Shares............... 2,174 2,826 851 648 (1,416) (2,746) Amount................ $ 32,870 $ 41,469 $ 12,445 $ 8,435 $ (21,870) $ (42,341) LARGECAP GROWTH FUND: Class A Shares............... 958 -- 1 -- (3) -- Amount................ $ 9,586 $ -- $ 12 $ -- $ (29) $ -- Class B Shares............... 30 -- -- -- -- -- Amount................ $ 301 $ -- $ -- $ -- $ (1) $ -- Class C Shares............... 46 -- -- -- (1) -- Amount................ $ 462 $ -- $ -- $ -- $ (9) $ -- Class Y Shares............... 10 -- -- -- -- -- Amount................ $ 100 $ -- $ -- $ -- $ -- $ -- MIDCAP FUND: Class A Shares............... 4,774 7,134 13,077 11,935 (6,477) (10,197) Amount................ $ 110,726 $ 176,389 $283,246 $271,649 $(149,936) $ (251,372) Class B Shares............... 132 203 3,711 3,680 (2,069) (3,372) Amount................ $ 2,674 $ 4,539 $ 72,995 $ 77,839 $ (43,398) $ (76,825) Class C Shares............... 200 265 3,958 3,850 (2,178) (2,944) Amount................ $ 4,022 $ 5,831 $ 78,338 $ 81,756 $ (45,902) $ (67,347) Class Y Shares............... 444 2,186 1,186 945 (1,581) (1,310) Amount................ $ 10,902 $ 58,033 $ 27,346 $ 22,565 $ (38,292) $ (34,176) MIDCAP GROWTH FUND: Class A Shares............... 341 972 11 -- (13) -- Amount................ $ 4,094 $ 9,727 $ 119 $ -- $ (165) $ -- Class B Shares............... 38 28 -- -- (2) -- Amount................ $ 459 $ 281 $ 3 $ -- $ (26) $ -- Class C Shares............... 99 34 -- -- (3) -- Amount................ $ 1,169 $ 341 $ 4 $ -- $ (34) $ -- Class Y Shares............... -- 10 -- -- -- -- Amount................ $ -- $ 100 $ 1 $ -- $ -- $ -- MIDCAP VALUE FUND: Class A Shares............... 162 352 3,037 2,207 (1,588) (2,750) Amount................ $ 2,247 $ 4,807 $ 38,842 $ 27,216 $ (21,893) $ (37,396) Class B Shares............... 35 69 668 486 (443) (682) Amount................ $ 458 $ 892 $ 8,114 $ 5,770 $ (5,780) $ (8,913) Class C Shares............... 36 56 654 490 (360) (765) Amount................ $ 461 $ 706 $ 7,941 $ 5,822 $ (4,726) $ (10,026) Class Y Shares............... 31 506 155 307 (2,164) (1,681) Amount................ $ 445 $ 7,088 $ 2,054 $ 3,881 $ (30,480) $ (23,678) MONEY MARKET FUND: Class A Shares............... 156,336 253,489 4,520 7,018 (131,949) (235,223) Amount................ $ 156,336 $ 253,489 $ 4,520 $ 7,018 $(131,949) $ (235,223) Class B Shares............... 7,028 20,522 430 825 (10,458) (24,068) Amount................ $ 7,028 $ 20,522 $ 430 $ 825 $ (10,458) $ (24,068) SHARES ISSUED FROM MERGER M, N AND H TO L OR NET INCREASE (DECREASE) E OR Z TO Y OF SHARES ------------------------ ------------------------- 2007 2006 2007 2006 ---------- ----------- ----------- ----------- INTERNATIONAL OPPORTUNITIES FUND: (CONTINUED) Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- 2,986 2,225 Amount................ $ -- $ -- $ 49,437 $ 32,628 INTERNATIONAL SMALL COMPANY FUND: Class A Shares............... -- -- 2,984 1,877 Amount................ $ -- $ -- $ 46,008 $ 27,750 Class B Shares............... -- -- 303 322 Amount................ $ -- $ -- $ 4,438 $ 4,607 Class C Shares............... -- -- 563 273 Amount................ $ -- $ -- $ 8,300 $ 3,908 Class Y Shares............... -- -- 1,609 728 Amount................ $ -- $ -- $ 23,445 $ 7,563 LARGECAP GROWTH FUND: Class A Shares............... -- -- 956 -- Amount................ $ -- $ -- $ 9,569 $ -- Class B Shares............... -- -- 30 -- Amount................ $ -- $ -- $ 300 $ -- Class C Shares............... -- -- 45 -- Amount................ $ -- $ -- $ 453 $ -- Class Y Shares............... -- -- 10 -- Amount................ $ -- $ -- $ 100 $ -- MIDCAP FUND: Class A Shares............... -- -- 11,374 8,872 Amount................ $ -- $ -- $ 244,036 $ 196,666 Class B Shares............... -- -- 1,774 511 Amount................ $ -- $ -- $ 32,271 $ 5,553 Class C Shares............... -- -- 1,980 1,171 Amount................ $ -- $ -- $ 36,458 $ 20,240 Class Y Shares............... -- -- 49 1,821 Amount................ $ -- $ -- $ (44) $ 46,422 MIDCAP GROWTH FUND: Class A Shares............... -- -- 339 972 Amount................ $ -- $ -- $ 4,048 $ 9,727 Class B Shares............... -- -- 36 28 Amount................ $ -- $ -- $ 436 $ 281 Class C Shares............... -- -- 96 34 Amount................ $ -- $ -- $ 1,139 $ 341 Class Y Shares............... -- -- -- 10 Amount................ $ -- $ -- $ 1 $ 100 MIDCAP VALUE FUND: Class A Shares............... -- -- 1,611 (191) Amount................ $ -- $ -- $ 19,196 $ (5,373) Class B Shares............... -- -- 260 (127) Amount................ $ -- $ -- $ 2,792 $ (2,251) Class C Shares............... -- -- 330 (219) Amount................ $ -- $ -- $ 3,676 $ (3,498) Class Y Shares............... -- -- (1,978) (868) Amount................ $ -- $ -- $ (27,981) $ (12,709) MONEY MARKET FUND: Class A Shares............... -- -- 28,907 25,284 Amount................ $ -- $ -- $ 28,907 $ 25,284 Class B Shares............... -- -- (3,000) (2,721) Amount................ $ -- $ -- $ (3,000) $ (2,721)
338 - --------------------------------------------------------------------------------
SHARES ISSUED FOR SHARES SOLD REINVESTED DIVIDENDS SHARES REDEEMED ------------------------- --------------------- ------------------------- 2007 2006 2007 2006 2007 2006 ----------- ----------- --------- --------- ---------- ------------ MONEY MARKET FUND: (CONTINUED) Class C Shares............... 9,387 23,248 268 506 (11,338) (25,547) Amount................ $ 9,387 $ 23,248 $ 268 $ 506 $ (11,338) $ (25,547) Class R3 Shares............... 10 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 10 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 10 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 1,689 5,073 85 680 (10,816) (8,239) Amount................ $ 1,689 $ 5,073 $ 85 $ 680 $ (10,816) $ (8,239) RETIREMENT INCOME FUND: Class A Shares............... 62 42 1 1 (3) (4) Amount................ $ 600 $ 400 $ 11 $ 10 $ (25) $ (40) Class B Shares............... 3 18 -- -- -- (1) Amount................ $ 25 $ 168 $ 3 $ 2 $ (2) $ (9) Class C Shares............... 8 17 -- -- (7) (1) Amount................ $ 84 $ 151 $ 3 $ 2 $ (71) $ (5) Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... -- 11 -- -- -- -- Amount................ $ -- $ 100 $ 2 $ 3 $ -- $ -- SELECT MIDCAP GROWTH FUND: Class A Shares............... 258 951 89 14 (831) (356) Amount................ $ 2,989 $ 10,472 $ 977 $ 148 $ (9,543) $ (3,864) Class B Shares............... 43 176 14 2 (56) (77) Amount................ $ 500 $ 1,938 $ 150 $ 22 $ (638) $ (831) Class C Shares............... 60 246 14 2 (57) (74) Amount................ $ 686 $ 2,724 $ 153 $ 17 $ (651) $ (766) Class Y Shares............... -- 2,650 55 -- (2,587) (130) Amount................ $ 2 $ 29,596 $ 616 $ 2 $ (29,285) $ (1,447) SELECT MIDCAP VALUE FUND: Class A Shares............... 935 2,104 158 48 (1,776) (367) Amount................ $ 11,955 $ 24,175 $ 1,910 $ 520 $ (22,168) $ (4,268) Class B Shares............... 86 203 14 4 (87) (29) Amount................ $ 1,097 $ 2,312 $ 167 $ 39 $ (1,083) $ (335) Class C Shares............... 150 398 25 7 (102) (69) Amount................ $ 1,897 $ 4,556 $ 293 $ 70 $ (1,260) $ (798) Class Y Shares............... 145 1,564 42 1 (1,446) -- Amount................ $ 1,779 $ 18,010 $ 503 $ 15 $ (17,751) $ (29) SELECT SMALLCAP VALUE FUND: Class A Shares............... 83 1,449 3 -- (2) -- Amount................ $ 971 $ 14,491 $ 30 $ -- $ (21) $ -- Class B Shares............... 9 28 -- -- (1) -- Amount................ $ 100 $ 283 $ 1 $ -- $ (6) $ -- Class C Shares............... 11 26 -- -- -- -- Amount................ $ 135 $ 256 $ 1 $ -- $ (3) $ -- Class Y Shares............... 7,216 140 31 -- (135) -- Amount................ $ 79,365 $ 1,496 $ 342 $ -- $ (1,578) $ -- SHARES ISSUED FROM MERGER M, N AND H TO L OR NET INCREASE (DECREASE) E OR Z TO Y OF SHARES ------------------------ ------------------------- 2007 2006 2007 2006 ---------- ----------- ----------- ----------- MONEY MARKET FUND: (CONTINUED) Class C Shares............... -- -- (1,683) (1,793) Amount................ $ -- $ -- $ (1,683) $ (1,793) Class R3 Shares............... -- -- 10 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 10 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 10 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- (9,042) (2,486) Amount................ $ -- $ -- $ (9,042) $ (2,486) RETIREMENT INCOME FUND: Class A Shares............... -- -- 60 39 Amount................ $ -- $ -- $ 586 $ 370 Class B Shares............... -- -- 3 17 Amount................ $ -- $ -- $ 26 $ 161 Class C Shares............... -- -- 1 16 Amount................ $ -- $ -- $ 16 $ 148 Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- -- 11 Amount................ $ -- $ -- $ 2 $ 103 SELECT MIDCAP GROWTH FUND: Class A Shares............... -- -- (484) 609 Amount................ $ -- $ -- $ (5,577) $ 6,756 Class B Shares............... -- -- 1 101 Amount................ $ -- $ -- $ 12 $ 1,129 Class C Shares............... -- -- 17 174 Amount................ $ -- $ -- $ 188 $ 1,975 Class Y Shares............... -- -- (2,532) 2,520 Amount................ $ -- $ -- $ (28,667) $ 28,151 SELECT MIDCAP VALUE FUND: Class A Shares............... -- -- (683) 1,785 Amount................ $ -- $ -- $ (8,303) $ 20,427 Class B Shares............... -- -- 13 178 Amount................ $ -- $ -- $ 181 $ 2,016 Class C Shares............... -- -- 73 336 Amount................ $ -- $ -- $ 930 $ 3,828 Class Y Shares............... -- -- (1,259) 1,565 Amount................ $ -- $ -- $ (15,469) $ 17,996 SELECT SMALLCAP VALUE FUND: Class A Shares............... -- -- 84 1,449 Amount................ $ -- $ -- $ 980 $ 14,491 Class B Shares............... -- -- 8 28 Amount................ $ -- $ -- $ 95 $ 283 Class C Shares............... -- -- 11 26 Amount................ $ -- $ -- $ 133 $ 256 Class Y Shares............... -- -- 7,112 140 Amount................ $ -- $ -- $ 78,129 $ 1,496
339 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
SHARES ISSUED FOR SHARES SOLD REINVESTED DIVIDENDS SHARES REDEEMED ------------------------- --------------------- ------------------------- 2007 2006 2007 2006 2007 2006 ----------- ----------- --------- --------- ---------- ------------ SHORT DURATION FUND: Class A Shares............... 672 1,123 48 79 (718) (1,466) Amount................ $ 6,664 $ 11,072 $ 473 $ 775 $ (7,109) $ (14,451) Class B Shares............... 60 164 10 18 (140) (394) Amount................ $ 593 $ 1,617 $ 100 $ 180 $ (1,389) $ (3,886) Class C Shares............... 62 330 19 40 (290) (1,249) Amount................ $ 617 $ 3,262 $ 187 $ 392 $ (2,877) $ (12,309) Class Y Shares............... 5,048 4,024 340 323 (972) (2,384) Amount................ $ 49,893 $ 39,655 $ 3,359 $ 3,180 $ (9,617) $ (23,454) SMALL COMPANY FUND: Class A Shares............... 2,268 1,637 808 -- (1,326) (1,269) Amount................ $ 48,666 $ 34,295 $ 16,243 $ -- $ (28,030) $ (26,637) Class B Shares............... 130 108 251 -- (377) (797) Amount................ $ 2,552 $ 2,089 $ 4,640 $ -- $ (7,388) $ (15,616) Class C Shares............... 351 289 223 -- (237) (489) Amount................ $ 6,911 $ 5,563 $ 4,116 $ -- $ (4,657) $ (9,564) Class I Shares............... 41 3 -- -- (1) -- Amount................ $ 887 $ 69 $ 8 $ -- $ (49) $ -- Class R3 Shares............... 2 -- -- -- -- -- Amount................ $ 46 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... -- -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... -- -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 2,528 2,771 395 -- (1,085) (223) Amount................ $ 56,539 $ 61,859 $ 8,399 $ -- $ (23,952) $ (4,791) SMALLCAP GROWTH FUND: Class A Shares............... 1,830 5,972 -- -- (985) (1,014) Amount................ $ 59,171 $ 182,337 $ -- $ -- $ (31,933) $ (30,462) Class B Shares............... 30 195 -- -- (75) (151) Amount................ $ 908 $ 5,420 $ -- $ -- $ (2,194) $ (4,076) Class C Shares............... 134 464 -- -- (125) (220) Amount................ $ 3,855 $ 12,901 $ -- $ -- $ (3,603) $ (5,949) Class H Shares............... 7 31 -- -- (41) (143) Amount................ $ 203 $ 869 $ -- $ -- $ (1,174) $ (3,910) Class I Shares............... 78 8 -- -- (5) -- Amount................ $ 2,546 $ 235 $ -- $ -- $ (159) $ -- Class L Shares............... 75 216 -- -- (462) (650) Amount................ $ 2,431 $ 6,572 $ -- $ -- $ (15,090) $ (19,895) Class M Shares............... 8 34 -- -- (36) (124) Amount................ $ 245 $ 959 $ -- $ -- $ (1,028) $ (3,432) Class N Shares............... 4 13 -- -- (18) (38) Amount................ $ 108 $ 334 $ -- $ -- $ (513) $ (1,038) Class R3 Shares............... -- -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... -- -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... -- -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 110 1,728 -- -- (3,034) (297) Amount................ $ 3,582 $ 54,996 $ -- $ -- $ (97,128) $ (9,108) STOCK FUND: Class A Shares............... 1,705 3,612 138 77 (4,315) (10,693) Amount................ $ 37,588 $ 71,142 $ 3,020 $ 1,495 $ (94,804) $ (210,028) Class B Shares............... 155 402 -- -- (2,267) (5,142) Amount................ $ 3,190 $ 7,405 $ -- $ -- $ (46,588) $ (94,598) SHARES ISSUED FROM MERGER M, N AND H TO L OR NET INCREASE (DECREASE) E OR Z TO Y OF SHARES ------------------------ ------------------------- 2007 2006 2007 2006 ---------- ----------- ----------- ----------- SHORT DURATION FUND: Class A Shares............... -- -- 2 (264) Amount................ $ -- $ -- $ 28 $ (2,604) Class B Shares............... -- -- (70) (212) Amount................ $ -- $ -- $ (696) $ (2,089) Class C Shares............... -- -- (209) (879) Amount................ $ -- $ -- $ (2,073) $ (8,655) Class Y Shares............... -- -- 4,416 1,963 Amount................ $ -- $ -- $ 43,635 $ 19,381 SMALL COMPANY FUND: Class A Shares............... -- -- 1,750 368 Amount................ $ -- $ -- $ 36,879 $ 7,658 Class B Shares............... -- -- 4 (689) Amount................ $ -- $ -- $ (196) $ (13,527) Class C Shares............... -- -- 337 (200) Amount................ $ -- $ -- $ 6,370 $ (4,001) Class I Shares............... -- -- 40 3 Amount................ $ -- $ -- $ 846 $ 69 Class R3 Shares............... -- -- 2 -- Amount................ $ -- $ -- $ 46 $ -- Class R4 Shares............... -- -- -- -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- -- -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- 1,838 2,548 Amount................ $ -- $ -- $ 40,986 $ 57,068 SMALLCAP GROWTH FUND: Class A Shares............... -- -- 845 4,958 Amount................ $ -- $ -- $ 27,238 $ 151,875 Class B Shares............... -- -- (45) 44 Amount................ $ -- $ -- $ (1,286) $ 1,344 Class C Shares............... -- -- 9 244 Amount................ $ -- $ -- $ 252 $ 6,952 Class H Shares............... (448) -- (482) (112) Amount................ $ (24,087) $ -- $ (25,058) $ (3,041) Class I Shares............... -- -- 73 8 Amount................ $ -- $ -- $ 2,387 $ 235 Class L Shares............... 1,010 -- 623 (434) Amount................ $ 59,181 $ -- $ 46,522 $ (13,323) Class M Shares............... (485) -- (513) (90) Amount................ $ (25,120) $ -- $ (25,903) $ (2,473) Class N Shares............... (193) -- (207) (25) Amount................ $ (9,974) $ -- $ (10,379) $ (704) Class R3 Shares............... -- -- -- -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- -- -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- -- -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- (2,924) 1,431 Amount................ $ -- $ -- $ (93,546) $ 45,888 STOCK FUND: Class A Shares............... -- -- (2,472) (7,004) Amount................ $ -- $ -- $ (54,196) $ (137,391) Class B Shares............... -- -- (2,112) (4,740) Amount................ $ -- $ -- $ (43,398) $ (87,193)
340 - --------------------------------------------------------------------------------
SHARES ISSUED FOR SHARES SOLD REINVESTED DIVIDENDS SHARES REDEEMED ------------------------- --------------------- ------------------------- 2007 2006 2007 2006 2007 2006 ----------- ----------- --------- --------- ---------- ------------ STOCK FUND: (CONTINUED) Class C Shares............... 123 294 -- -- (1,083) (2,633) Amount................ $ 2,524 $ 5,460 $ -- $ -- $ (22,358) $ (48,766) Class R3 Shares............... -- -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 2 -- -- -- -- -- Amount................ $ 40 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... -- -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 326 823 45 38 (884) (467) Amount................ $ 7,422 $ 16,857 $ 1,030 $ 772 $ (19,651) $ (9,646) TARGET RETIREMENT 2010 FUND: Class A Shares............... 500 165 4 2 (42) -- Amount................ $ 4,970 $ 1,556 $ 40 $ 16 $ (416) $ -- Class B Shares............... 21 22 -- -- -- -- Amount................ $ 204 $ 211 $ 4 $ 3 $ (1) $ (1) Class C Shares............... 5 48 1 -- (1) -- Amount................ $ 54 $ 460 $ 6 $ 2 $ (12) $ -- Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... -- 13 -- -- -- -- Amount................ $ -- $ 120 $ 2 $ 2 $ -- $ -- TARGET RETIREMENT 2020 FUND: Class A Shares............... 747 202 6 2 (40) (15) Amount................ $ 8,058 $ 2,052 $ 64 $ 15 $ (430) $ (148) Class B Shares............... 28 27 -- -- (14) -- Amount................ $ 298 $ 271 $ 3 $ 1 $ (147) $ (2) Class C Shares............... 13 34 1 -- (1) (3) Amount................ $ 133 $ 339 $ 6 $ 1 $ (7) $ (27) Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... -- -- -- -- -- -- Amount................ $ -- $ -- $ -- $ -- $ -- $ -- TARGET RETIREMENT 2030 FUND: Class A Shares............... 689 201 4 -- (59) (4) Amount................ $ 6,691 $ 1,815 $ 41 $ 2 $ (583) $ (33) Class B Shares............... 14 33 -- -- (12) (1) Amount................ $ 139 $ 294 $ 3 $ 2 $ (114) $ (13) Class C Shares............... 22 8 -- -- (4) -- Amount................ $ 211 $ 68 $ 2 $ 1 $ (35) $ -- Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... -- 2 -- -- -- -- Amount................ $ -- $ 20 $ -- $ 1 $ -- $ -- SHARES ISSUED FROM MERGER M, N AND H TO L OR NET INCREASE (DECREASE) E OR Z TO Y OF SHARES ------------------------ ------------------------- 2007 2006 2007 2006 ---------- ----------- ----------- ----------- STOCK FUND: (CONTINUED) Class C Shares............... -- -- (960) (2,339) Amount................ $ -- $ -- $ (19,834) $ (43,306) Class R3 Shares............... -- -- -- -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 2 -- Amount................ $ -- $ -- $ 40 $ -- Class R5 Shares............... -- -- -- -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- (513) 394 Amount................ $ -- $ -- $ (11,199) $ 7,983 TARGET RETIREMENT 2010 FUND: Class A Shares............... -- -- 462 167 Amount................ $ -- $ -- $ 4,594 $ 1,572 Class B Shares............... -- -- 21 22 Amount................ $ -- $ -- $ 207 $ 213 Class C Shares............... -- -- 5 48 Amount................ $ -- $ -- $ 48 $ 462 Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- -- 13 Amount................ $ -- $ -- $ 2 $ 122 TARGET RETIREMENT 2020 FUND: Class A Shares............... -- -- 713 189 Amount................ $ -- $ -- $ 7,692 $ 1,919 Class B Shares............... -- -- 14 27 Amount................ $ -- $ -- $ 154 $ 270 Class C Shares............... -- -- 13 31 Amount................ $ -- $ -- $ 132 $ 313 Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- -- -- Amount................ $ -- $ -- $ -- $ -- TARGET RETIREMENT 2030 FUND: Class A Shares............... -- -- 634 197 Amount................ $ -- $ -- $ 6,149 $ 1,784 Class B Shares............... -- -- 2 32 Amount................ $ -- $ -- $ 28 $ 283 Class C Shares............... -- -- 18 8 Amount................ $ -- $ -- $ 178 $ 69 Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- -- 2 Amount................ $ -- $ -- $ -- $ 21
341 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
SHARES ISSUED FOR SHARES SOLD REINVESTED DIVIDENDS SHARES REDEEMED ------------------------- --------------------- ------------------------- 2007 2006 2007 2006 2007 2006 ----------- ----------- --------- --------- ---------- ------------ TAX-FREE CALIFORNIA FUND: Class A Shares............... 705 904 42 62 (434) (128) Amount................ $ 7,440 $ 9,421 $ 445 $ 642 $ (4,562) $ (1,327) Class B Shares............... 34 44 2 2 (1) (24) Amount................ $ 355 $ 456 $ 18 $ 27 $ (4) $ (251) Class C Shares............... 149 175 4 6 (53) (44) Amount................ $ 1,575 $ 1,828 $ 38 $ 60 $ (558) $ (452) TAX-FREE MINNESOTA FUND: Class A Shares............... 294 165 17 21 (69) (67) Amount................ $ 3,003 $ 1,689 $ 174 $ 221 $ (708) $ (684) Class B Shares............... 5 6 1 2 (7) (10) Amount................ $ 54 $ 59 $ 13 $ 22 $ (74) $ (100) Class C Shares............... 32 4 1 1 (5) (6) Amount................ $ 332 $ 44 $ 10 $ 13 $ (48) $ (68) Class E Shares............... 10 23 29 75 (58) (314) Amount................ $ 106 $ 236 $ 302 $ 770 $ (598) $ (3,219) Class H Shares............... -- -- -- -- -- -- Amount................ $ -- -- $ 2 $ 4 $ (1) $ (5) Class L Shares............... 54 2 6 9 (23) (38) Amount................ $ 550 $ 23 $ 59 $ 90 $ (240) $ (386) Class M Shares............... -- 1 -- 1 -- (2) Amount................ $ -- $ 4 $ 2 $ 4 $ -- $ (16) Class N Shares............... -- 3 -- 1 (5) (4) Amount................ $ 2 $ 28 $ 2 $ 5 $ (49) $ (37) Class Y Shares............... 3 -- 16 -- (49) -- Amount................ $ 30 $ -- $ 159 $ -- $ (502) $ -- TAX-FREE NATIONAL FUND: Class A Shares............... 3,001 3,023 130 195 (428) (1,027) Amount................ $ 33,880 $ 33,711 $ 1,469 $ 2,163 $ (4,832) $ (11,431) Class B Shares............... 112 145 10 20 (40) (189) Amount................ $ 1,261 $ 1,607 $ 111 $ 216 $ (449) $ (2,090) Class C Shares............... 775 562 18 26 (140) (213) Amount................ $ 8,711 $ 6,249 $ 207 $ 285 $ (1,573) $ (2,371) Class E Shares............... 11 49 24 89 (73) (368) Amount................ $ 121 $ 549 $ 272 $ 993 $ (824) $ (4,112) Class H Shares............... 5 -- -- 1 (7) (10) Amount................ $ 51 1 $ 1 $ 7 $ (76) $ (111) Class L Shares............... 34 34 12 26 (46) (104) Amount................ $ 408 $ 381 $ 136 $ 284 $ (529) $ (1,157) Class M Shares............... -- -- 1 3 (30) (9) Amount................ $ 1 $ 2 $ 8 $ 35 $ (337) $ (97) Class N Shares............... -- -- -- 1 1 (13) Amount................ $ -- 5 $ 4 $ 16 $ -- $ (148) Class Y Shares............... 11 -- 15 -- (79) -- Amount................ $ 118 $ -- $ 168 1 $ (880) $ -- TAX-FREE NEW YORK FUND: Class A Shares............... 34 17 26 42 (13) (82) Amount................ $ 356 $ 172 $ 269 $ 431 $ (131) $ (846) Class B Shares............... 10 4 3 5 (9) (11) Amount................ $ 104 $ 39 $ 35 $ 52 $ (88) $ (113) Class C Shares............... 22 1 5 7 (1) (31) Amount................ $ 229 $ 8 $ 50 $ 72 $ (8) $ (317) TOTAL RETURN BOND FUND: Class A Shares............... 12,194 18,327 973 1,485 (4,403) (8,299) Amount................ $ 129,678 $ 192,225 $ 10,342 $ 15,562 $ (46,807) $ (87,044) Class B Shares............... 1,198 1,870 131 254 (1,030) (2,249) Amount................ $ 12,677 $ 19,502 $ 1,388 $ 2,646 $ (10,903) $ (23,467) SHARES ISSUED FROM MERGER M, N AND H TO L OR NET INCREASE (DECREASE) E OR Z TO Y OF SHARES ------------------------ ------------------------- 2007 2006 2007 2006 ---------- ----------- ----------- ----------- TAX-FREE CALIFORNIA FUND: Class A Shares............... -- -- 313 838 Amount................ $ -- $ -- $ 3,323 $ 8,736 Class B Shares............... -- -- 35 22 Amount................ $ -- $ -- $ 369 $ 232 Class C Shares............... -- -- 100 137 Amount................ $ -- $ -- $ 1,055 $ 1,436 TAX-FREE MINNESOTA FUND: Class A Shares............... -- -- 242 119 Amount................ -- $ -- $ 2,469 $ 1,226 Class B Shares............... -- -- (1) (2) Amount................ -- $ -- $ (7) $ (19) Class C Shares............... -- -- 28 (1) Amount................ -- $ -- $ 294 $ (11) Class E Shares............... (2,273) -- (2,292) (216) Amount................ $ (21,805) $ -- $ (21,995) $ (2,213) Class H Shares............... (11) -- (11) -- Amount................ $ (126) $ -- $ (125) $ (1) Class L Shares............... 37 -- 74 (27) Amount................ $ 384 $ -- $ 753 $ (273) Class M Shares............... (12) -- (12) -- Amount................ $ (108) $ -- $ (106) $ (8) Class N Shares............... (14) -- (19) -- Amount................ $ (150) $ -- $ (195) $ (4) Class Y Shares............... 2,286 -- 2,256 -- Amount................ $ 21,805 $ -- $ 21,492 $ -- TAX-FREE NATIONAL FUND: Class A Shares............... -- -- 2,703 2,191 Amount................ $ -- $ -- $ 30,517 $ 24,443 Class B Shares............... -- -- 82 (24) Amount................ $ -- $ -- $ 923 $ (267) Class C Shares............... -- -- 653 375 Amount................ $ -- $ -- $ 7,345 $ 4,163 Class E Shares............... (2,519) -- (2,557) (230) Amount................ $ (23,218) $ -- $ (23,649) $ (2,570) Class H Shares............... (15) -- (17) (9) Amount................ $ (150) $ -- $ (174) $ (103) Class L Shares............... 131 -- 131 (44) Amount................ $ 1,415 $ -- $ 1,430 $ (492) Class M Shares............... (82) -- (111) (6) Amount................ $ (888) $ -- $ (1,216) $ (60) Class N Shares............... (34) -- (33) (12) Amount................ $ (377) $ -- $ (373) $ (127) Class Y Shares............... 2,521 -- 2,468 -- Amount................ $ 23,218 $ -- $ 22,624 $ 1 TAX-FREE NEW YORK FUND: Class A Shares............... -- -- 47 (23) Amount................ $ -- $ -- $ 494 $ (243) Class B Shares............... -- -- 4 (2) Amount................ $ -- $ -- $ 51 $ (22) Class C Shares............... -- -- 26 (23) Amount................ $ -- $ -- $ 271 $ (237) TOTAL RETURN BOND FUND: Class A Shares............... -- -- 8,764 11,513 Amount................ $ -- $ -- $ 93,213 $ 120,743 Class B Shares............... -- -- 299 (125) Amount................ $ -- $ -- $ 3,162 $ (1,319)
342 - --------------------------------------------------------------------------------
SHARES ISSUED FOR SHARES SOLD REINVESTED DIVIDENDS SHARES REDEEMED ------------------------- --------------------- ------------------------- 2007 2006 2007 2006 2007 2006 ----------- ----------- --------- --------- ---------- ------------ TOTAL RETURN BOND FUND: (CONTINUED) Class C Shares............... 1,363 2,136 114 222 (1,033) (2,233) Amount................ $ 14,520 $ 22,448 $ 1,214 $ 2,326 $ (11,007) $ (23,447) Class I Shares............... 169 4 2 -- (1) -- Amount................ $ 1,797 $ 38 $ 24 $ -- $ (12) $ -- Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 5,200 8,685 685 1,147 (1,944) (734) Amount................ $ 55,847 $ 92,401 $ 7,359 $ 12,137 $ (20,823) $ (7,756) U.S. GOVERNMENT SECURITIES FUND: Class A Shares............... 1,247 1,370 103 201 (1,265) (1,674) Amount................ $ 11,517 $ 12,608 $ 954 $ 1,845 $ (11,665) $ (15,426) Class B Shares............... 99 248 30 69 (313) (758) Amount................ $ 912 $ 2,261 $ 271 $ 635 $ (2,871) $ (6,954) Class C Shares............... 137 391 15 32 (236) (406) Amount................ $ 1,253 $ 3,580 $ 146 $ 293 $ (2,167) $ (3,721) Class E Shares............... 80 98 89 396 (468) (2,109) Amount................ $ 731 $ 903 $ 814 $ 3,626 $ (4,297) $ (19,389) Class H Shares............... 1 5 2 9 (23) (99) Amount................ $ 7 $ 49 $ 15 $ 84 $ (214) $ (906) Class L Shares............... 48 122 67 136 (294) (674) Amount................ $ 437 $ 1,128 $ 619 $ 1,246 $ (2,707) $ (6,198) Class M Shares............... 6 18 1 9 (28) (95) Amount................ $ 51 $ 154 $ 17 $ 87 $ (260) $ (871) Class N Shares............... 1 3 -- 3 (2) (22) Amount................ $ 6 $ 27 $ 6 $ 29 $ (17) $ (205) Class Y Shares............... 27 11 76 13 (409) (1,005) Amount................ $ 243 $ 100 $ 703 $ 117 $ (3,749) $ (9,347) VALUE FUND: Class A Shares............... 570 1,313 395 41 (568) (1,075) Amount................ $ 7,247 $ 15,756 $ 4,789 $ 458 $ (7,240) $ (12,873) Class B Shares............... 93 168 60 -- (89) (177) Amount................ $ 1,157 $ 1,990 $ 719 $ -- $ (1,118) $ (2,065) Class C Shares............... 123 199 64 -- (130) (144) Amount................ $ 1,547 $ 2,382 $ 760 $ -- $ (1,615) $ (1,687) Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 14,604 2,346 884 70 (192) (2,417) Amount................ $ 182,447 $ 28,384 $ 10,741 $ 780 $ (2,421) $ (27,945) SHARES ISSUED FROM MERGER M, N AND H TO L OR NET INCREASE (DECREASE) E OR Z TO Y OF SHARES ------------------------ ------------------------- 2007 2006 2007 2006 ---------- ----------- ----------- ----------- TOTAL RETURN BOND FUND: (CONTINUED) Class C Shares............... -- -- 444 125 Amount................ $ -- $ -- $ 4,727 $ 1,327 Class I Shares............... -- -- 170 4 Amount................ $ -- $ -- $ 1,809 $ 38 Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- 3,941 9,098 Amount................ $ -- $ -- $ 42,383 $ 96,782 U.S. GOVERNMENT SECURITIES FUND: Class A Shares............... -- -- 85 (103) Amount................ $ -- $ -- $ 806 $ (973) Class B Shares............... -- -- (184) (441) Amount................ $ -- $ -- $ (1,688) $ (4,058) Class C Shares............... -- -- (84) 17 Amount................ $ -- $ -- $ (768) $ 152 Class E Shares............... (9,418) -- (9,717) (1,615) Amount................ $(114,541) $ -- $ (117,293) $ (14,860) Class H Shares............... (189) -- (209) (85) Amount................ $ (125) $ -- $ (317) $ (773) Class L Shares............... 469 -- 290 (416) Amount................ $ 1,569 $ -- $ (82) $ (3,824) Class M Shares............... (208) -- (229) (68) Amount................ $ (971) $ -- $ (1,163) $ (630) Class N Shares............... (74) -- (75) (16) Amount................ $ (473) $ -- $ (478) $ (149) Class Y Shares............... 9,390 -- 9,084 (981) Amount................ $ 114,541 $ -- $ 111,738 $ (9,130) VALUE FUND: Class A Shares............... -- -- 397 279 Amount................ $ -- $ -- $ 4,796 $ 3,341 Class B Shares............... -- -- 64 (9) Amount................ $ -- $ -- $ 758 $ (75) Class C Shares............... -- -- 57 55 Amount................ $ -- $ -- $ 692 $ 695 Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- 15,296 (1) Amount................ $ -- $ -- $ 190,767 $ 1,219
343 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
SHARES ISSUED FOR SHARES SOLD REINVESTED DIVIDENDS SHARES REDEEMED ------------------------- --------------------- ------------------------- 2007 2006 2007 2006 2007 2006 ----------- ----------- --------- --------- ---------- ------------ VALUE OPPORTUNITIES FUND: Class A Shares............... 1,357 2,747 585 133 (468) (1,047) Amount................ $ 24,302 $ 46,259 $ 9,978 $ 2,056 $ (8,351) $ (17,492) Class B Shares............... 175 338 103 31 (110) (221) Amount................ $ 2,896 $ 5,323 $ 1,607 $ 442 $ (1,819) $ (3,466) Class C Shares............... 294 663 123 28 (135) (273) Amount................ $ 4,806 $ 10,489 $ 1,941 $ 399 $ (2,213) $ (4,253) Class H Shares............... 3 10 20 11 (16) (126) Amount................ $ 44 $ 169 $ 322 $ 156 $ (269) $ (1,982) Class I Shares............... 49 1 -- -- (1) -- Amount................ $ 862 $ 11 $ 4 $ -- $ (12) $ -- Class L Shares............... 65 209 173 58 (187) (240) Amount................ $ 1,159 $ 3,536 $ 2,949 $ 898 $ (3,350) $ (4,067) Class M Shares............... 6 24 40 17 (34) (139) Amount................ $ 97 $ 379 $ 621 $ 250 $ (550) $ (2,199) Class N Shares............... 1 4 12 5 (7) (23) Amount................ $ 12 $ 60 $ 189 $ 68 $ (110) $ (362) Class R3 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R4 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class R5 Shares............... 1 -- -- -- -- -- Amount................ $ 10 $ -- $ -- $ -- $ -- $ -- Class Y Shares............... 7 962 248 215 (5,814) (1,707) Amount................ $ 152 $ 16,358 $ 4,266 $ 3,392 $(103,698) $ (29,124) SHARES ISSUED FROM MERGER M, N AND H TO L OR NET INCREASE (DECREASE) E OR Z TO Y OF SHARES ------------------------ ------------------------- 2007 2006 2007 2006 ---------- ----------- ----------- ----------- VALUE OPPORTUNITIES FUND: Class A Shares............... -- -- 1,474 1,833 Amount................ $ -- $ -- $ 25,929 $ 30,823 Class B Shares............... -- -- 168 148 Amount................ $ -- $ -- $ 2,684 $ 2,299 Class C Shares............... -- -- 282 418 Amount................ $ -- $ -- $ 4,534 $ 6,635 Class H Shares............... (221) -- (214) (105) Amount................ $ (2,519) $ -- $ (2,422) $ (1,657) Class I Shares............... -- -- 48 1 Amount................ $ -- $ -- $ 854 $ 11 Class L Shares............... 717 -- 768 27 Amount................ $ 9,953 $ -- $ 10,711 $ 367 Class M Shares............... (425) -- (413) (98) Amount................ $ (5,620) $ -- $ (5,452) $ (1,570) Class N Shares............... (129) -- (123) (14) Amount................ $ (1,814) $ -- $ (1,723) $ (234) Class R3 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R4 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class R5 Shares............... -- -- 1 -- Amount................ $ -- $ -- $ 10 $ -- Class Y Shares............... -- -- (5,559) (530) Amount................ $ -- $ -- $ (99,280) $ (9,374)
The following reflects the conversion of Class B Shares into Class A Shares (reflected as Class A Shares issued and Class B Shares redeemed) and Classes H and M Shares into Class L Shares (reflected as Class L Shares issued and Classes H and M Shares redeemed) for the six-month period ended April 30, 2007 and the year ended October 31, 2006:
FOR THE SIX-MONTH FOR THE PERIOD ENDED YEAR ENDED APRIL 30, 2007 OCTOBER 31, 2006 ----------------- ----------------- FUND SHARES DOLLARS SHARES DOLLARS ---- ------ ------- ------ ------- Advisers Fund -- Class B to Class A......................... 1,779 $30,739 1,937 $31,068 Balanced Allocation Fund -- Class B to Class A.............. 95 1,155 63 728 Capital Appreciation Fund -- Class B to Class A............. 16 222 3,083 114 Capital Appreciation II Fund -- Class B to Class A.......... 874 33,387 26 328 Conservative Allocation Fund -Class B to Class A............ 9 97 5 58 Disciplined Equity Fund -- Class B to Class A............... 93 1,286 142 1,768 Dividend And Growth Fund -- Class B to Class A.............. 382 8,054 990 20 Equity Growth Allocation Fund -- Class B to Class A......... 8 114 16 194 Equity Income Fund -- Class B to Class A.................... 33 469 28 363 Floating Rate Fund -- Class B to Class A.................... 46 470 6 60 Fundamental Growth Fund -- Class B to Class A............... 3 33 6 62 Global Communications Fund -- Class B to Class A............ 7 60 13 102 Global Financial Services Fund -- Class B to Class A........ 3 35 4 54 Global Health Fund -- Class B to Class A.................... 30 543 44 750 Global Leaders Fund -- Class B to Class A................... 106 2,066 200 3,702 Global Technology Fund -- Class B to Class A................ 15 89 22 119 Growth Allocation Fund -- Class B to Class A................ 35 443 54 654 Growth Fund -- Class B to Class A........................... 22 397 22 390 Growth Fund -- Class H to Class L........................... 29 526 187 3,425 Growth Fund -- Class M to Class L........................... 38 676 132 2,416 Growth Opportunities Fund -- Class B to Class A............. 15 449 16 465 Growth Opportunities Fund -- Class H to Class L............. 21 614 188 5,397 Growth Opportunities Fund -- Class M to Class L............. 49 1,424 74 2,149 High Yield Fund -- Class B to Class A....................... 133 1,082 448 3,511
344 - --------------------------------------------------------------------------------
FOR THE SIX-MONTH FOR THE PERIOD ENDED YEAR ENDED APRIL 30, 2007 OCTOBER 31, 2006 ----------------- ----------------- FUND SHARES DOLLARS SHARES DOLLARS ---- ------ ------- ------ ------- Income Allocation Fund -- Class B to Class A................ 11 105 4 38 Income Fund -- Class B to Class A........................... 9 96 11 110 Inflation Plus Fund -- Class B to Class A................... 19 195 19 199 International Capital Appreciation Fund -- Class B to Class A......................................................... 42 622 29 394 International Opportunities Fund -- Class B to Class A...... 63 1,073 109 1,622 International Small Company Fund -- Class B to Class A...... 14 216 34 517 MidCap Fund -- Class B to Class A........................... 299 6,928 401 9,873 MidCap Value Fund -- Class B to Class A..................... 45 609 54 745 MidCap Growth Fund -- Class B to Class A.................... -- 5 Money Market Fund -- Class B to Class A..................... 1,047 1,047 1,633 1,633 Select MidCap Growth Fund -- Class B to Class A............. 8 93 4 46 Select MidCap Value Fund -- Class B to Class A.............. 4 46 1 17 Short Duration Fund -- Class B to Class A................... 11 107 18 181 SmallCap Growth Fund -- Class B to Class A.................. 4 146 7 217 SmallCap Growth Fund -- Class H to Class L.................. 7 227 68 2,066 SmallCap Growth Fund -- Class M to Class L.................. 11 346 37 1,131 Small Company Fund -- Class B to Class A.................... 77 1,646 161 3,405 Stock Fund -- Class B to Class A............................ 777 17,222 1,125 22,176 Target Retirement 2020 Fund -- Class B to Class A........... -- 3 Tax-Free California Fund -- Class B to Class A.............. -- -- 2 22 Tax-Free Minnesota Fund -- Class H to Class L............... -- -- -- 1 Tax-Free Minnesota Fund -- Class M to Class L............... -- -- 1 14 Tax-Free National Fund -- Class B to Class A................ 1 13 9 105 Tax-Free National Fund -- Class H to Class L................ 4 46 5 59 Tax-Free National Fund -- Class M to Class L................ 30 337 7 83 Total Return Bond Fund -- Class B to Class A................ 175 1,857 224 2,354 U.S. Government Securities Fund -- Class B to Class A....... 54 501 60 558 U.S. Government Securities Fund -- Class H to Class L....... 6 57 41 375 U.S. Government Securities Fund -- Class M to Class L....... 14 126 26 244
7. LINE OF CREDIT: The Funds participate in a $650,000 revolving line of credit facility. The facility is to be used for temporary or emergency purposes. Under the arrangement, the Funds are required to own securities having a market value in excess of 300% of the total bank borrowings. The interest rate on borrowings varies depending on the nature of the loan. The facility also requires a fee to be paid based on the amount of the commitment which has not been utilized. For the six-month period ended April 30, 2007, the Funds did not have any borrowings under this facility. 8. CLASS MERGERS: Effective with the close of business on February 9, 2007, the shareholders approved the following class mergers: Classes H, M and N were merged into Class L for Growth Fund, Growth Opportunities Fund, SmallCap Growth Fund, Tax-Free Minnesota Fund, Tax-Free National Fund, U.S. Government Securities Fund and Value Opportunities Fund. Class E was merged into Class Y for the Tax-Free Minnesota Fund, Tax-Free National Fund and U.S. Government Securities Fund. Class Z was merged into Class Y for the Growth Opportunities Fund. The mergers were accomplished by tax-free exchanges as detailed below:
CLASS E CLASS H CLASS L CLASS M CLASS N CLASS Y CLASS Z ------- ------- -------- ------- ------- ------- ------- THE HARTFORD GROWTH FUND Net assets immediately before the merger..... N/A $14,545 $268,403 $15,424 $3,768 N/A N/A Net assets immediately after the merger...... N/A $ -- $302,140 $ -- $ -- N/A N/A THE HARTFORD GROWTH OPPORTUNITIES FUND Net assets immediately before the merger..... N/A $33,813 $593,980 $21,627 $5,531 $61,286 $37,350 Net assets immediately after the merger...... N/A $ -- $654,951 $ -- $ -- $98,636 $ --
345 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) APRIL 30, 2007 (UNAUDITED) (000'S OMITTED) - --------------------------------------------------------------------------------
CLASS E CLASS H CLASS L CLASS M CLASS N CLASS Y CLASS Z ------- ------- -------- ------- ------- ------- ------- THE HARTFORD SMALLCAP GROWTH FUND Net assets immediately before the merger..... N/A $13,183 $117,927 $14,260 $5,668 N/A N/A Net assets immediately after the merger...... N/A $ -- $151,038 $ -- $ -- N/A N/A THE HARTFORD TAX-FREE MINNESOTA FUND Net assets immediately before the merger..... $23,363 $ 117 $ 2,543 $ 120 $ 148 $ 11 N/A Net assets immediately after the merger...... $ -- $ -- $ 2,928 $ -- $ -- $23,374 N/A THE HARTFORD TAX-FREE NATIONAL FUND Net assets immediately before the merger..... $28,369 $ 164 $ 7,649 $ 921 $ 377 $ 11 N/A Net assets immediately after the merger...... $ -- $ -- $ 9,111 $ -- $ -- $28,380 N/A THE HARTFORD U.S. GOVERNMENT SECURITIES FUND Net assets immediately before the merger..... $86,224 $ 1,720 $ 29,469 $ 1,895 $ 677 $ 11 N/A Net assets immediately after the merger...... $ -- $ -- $ 33,761 $ -- $ -- $86,235 N/A THE HARTFORD VALUE OPPORTUNITIES FUND Net assets immediately before the merger..... N/A $ 3,711 $ 35,064 $ 7,125 $2,165 N/A N/A Net assets immediately after the merger...... N/A $ -- $ 48,065 $ -- $ -- N/A N/A
346 HARTFORD MUTUAL FUNDS, INC. AND HARTFORD MUTUAL FUNDS II, INC. FINANCIAL HIGHLIGHTS - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD ADVISERS FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. $16.74 $ 0.14 $0.01 $ 1.05 $ 1.20 Class B................. 16.57 0.07 0.01 1.05 1.13 Class C................. 16.73 0.08 0.01 1.06 1.15 Class Y................. 16.91 0.17 0.01 1.08 1.26 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 17.24 0.08 -- 0.62 0.70 Class R4................ 17.24 0.10 -- 0.61 0.71 Class R5................ 17.24 0.11 -- 0.63 0.74 For the Year Ended October 31, 2006 Class A................. 15.34 0.31 -- 1.38 1.69 Class B................. 15.19 0.18 -- 1.37 1.55 Class C................. 15.34 0.19 -- 1.38 1.57 Class Y................. 15.50 0.38 -- 1.40 1.78 For the Year Ended October 31, 2005(h) Class A................. 14.57 0.26 -- 0.80 1.06 Class B................. 14.43 0.14 -- 0.79 0.93 Class C................. 14.56 0.16 -- 0.80 0.96 Class Y................. 14.72 0.33 -- 0.81 1.14 For the Year Ended October 31, 2004(h) Class A................. 14.19 0.15 0.03 0.38 0.56 Class B................. 14.05 0.03 0.04 0.38 0.45 Class C................. 14.18 0.03 0.06 0.37 0.46 Class Y................. 14.37 0.25 -- 0.36 0.61 For the Year Ended October 31, 2003(h) Class A................. 12.67 0.19 -- 1.52 1.71 Class B................. 12.54 0.09 -- 1.51 1.60 Class C................. 12.66 0.11 -- 1.52 1.63 Class Y................. 12.82 0.27 -- 1.54 1.81 For the Year Ended October 31, 2002(h) Class A................. 14.38 0.21 -- (1.69) (1.48) Class B................. 14.24 0.11 -- (1.68) (1.57) Class C................. 14.37 0.12 -- (1.69) (1.57) Class Y................. 14.54 0.13 -- (1.55) (1.42) THE HARTFORD BALANCED ALLOCATION FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 12.01 0.15 -- 0.71 0.86 Class B................. 11.98 0.10 -- 0.71 0.81 Class C................. 11.98 0.11 -- 0.70 0.81 Class I................. 12.00 0.15 -- 0.73 0.88 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 11.89 0.01 -- 0.48 0.49 Class R4................ 11.89 0.02 -- 0.49 0.51 Class R5................ 11.89 0.03 -- 0.49 0.52 For the Year Ended October 31, 2006 Class A................. 10.95 0.18 -- 1.12 1.30 Class B................. 10.92 0.10 -- 1.11 1.21 Class C................. 10.92 0.11 -- 1.11 1.22 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 11.66 0.05 -- 0.34 0.39 For the Year Ended October 31, 2005 Class A................. 10.30 0.13 -- 0.64 0.77 Class B................. 10.28 0.06 -- 0.62 0.68 Class C................. 10.28 0.06 -- 0.62 0.68 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD ADVISERS FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. $ (0.14) $(0.09) $ -- $ (0.23) $ 0.97 $17.71 Class B................. (0.07) (0.09) -- (0.16) 0.97 17.54 Class C................. (0.08) (0.09) -- (0.17) 0.98 17.71 Class Y................. (0.18) (0.09) -- (0.27) 0.99 17.90 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ (0.05) -- -- (0.05) 0.65 17.89 Class R4................ (0.06) -- -- (0.06) 0.65 17.89 Class R5................ (0.08) -- -- (0.08) 0.66 17.90 For the Year Ended October 31, 2006 Class A................. (0.29) -- -- (0.29) 1.40 16.74 Class B................. (0.17) -- -- (0.17) 1.38 16.57 Class C................. (0.18) -- -- (0.18) 1.39 16.73 Class Y................. (0.37) -- -- (0.37) 1.41 16.91 For the Year Ended October 31, 2005(h) Class A................. (0.29) -- -- (0.29) 0.77 15.34 Class B................. (0.17) -- -- (0.17) 0.76 15.19 Class C................. (0.18) -- -- (0.18) 0.78 15.34 Class Y................. (0.36) -- -- (0.36) 0.78 15.50 For the Year Ended October 31, 2004(h) Class A................. (0.18) -- -- (0.18) 0.38 14.57 Class B................. (0.07) -- -- (0.07) 0.38 14.43 Class C................. (0.08) -- -- (0.08) 0.38 14.56 Class Y................. (0.26) -- -- (0.26) 0.35 14.72 For the Year Ended October 31, 2003(h) Class A................. (0.19) -- -- (0.19) 1.52 14.19 Class B................. (0.09) -- -- (0.09) 1.51 14.05 Class C................. (0.11) -- -- (0.11) 1.52 14.18 Class Y................. (0.26) -- -- (0.26) 1.55 14.37 For the Year Ended October 31, 2002(h) Class A................. (0.23) -- -- (0.23) (1.71) 12.67 Class B................. (0.13) -- -- (0.13) (1.70) 12.54 Class C................. (0.14) -- (0.14) (1.71) 12.66 Class Y................. (0.30) -- -- (0.30) (1.72) 12.82 THE HARTFORD BALANCED ALLOCATION FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.24) (0.27) -- (0.51) 0.35 12.36 Class B................. (0.20) (0.27) -- (0.47) 0.34 12.32 Class C................. (0.20) (0.27) -- (0.47) 0.34 12.32 Class I................. (0.26) (0.27) -- (0.53) 0.35 12.35 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ (0.03) -- -- (0.03) 0.46 12.35 Class R4................ (0.04) -- -- (0.04) 0.47 12.36 Class R5................ (0.05) -- -- (0.05) 0.47 12.36 For the Year Ended October 31, 2006 Class A................. (0.22) (0.02) -- (0.24) 1.06 12.01 Class B................. (0.13) (0.02) -- (0.15) 1.06 11.98 Class C................. (0.14) (0.02) -- (0.16) 1.06 11.98 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. (0.05) -- -- (0.05) 0.34 12.00 For the Year Ended October 31, 2005 Class A................. (0.12) -- -- (0.12) 0.65 10.95 Class B................. (0.04) -- -- (0.04) 0.64 10.92 Class C................. (0.04) -- -- (0.04) 0.64 10.92 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD ADVISERS FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 7.28%(f)(i) $ 1,103,193 1.17%(e) 1.12%(e) 1.12%(e) 1.57%(e) 43% Class B................. 6.88(f)(i) 291,940 1.98(e) 1.93(e) 1.93(e) 0.76(e) -- Class C................. 6.96(f)(i) 212,926 1.86(e) 1.81(e) 1.81(e) 0.88(e) -- Class Y................. 7.57(f)(i) 19,206 0.71(e) 0.66(e) 0.66(e) 2.03(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 7.31(f) 10 1.62(e) 1.43(e) 1.43(e) 1.22(e) -- Class R4................ 7.39(f) 10 1.30(e) 1.12(e) 1.12(e) 1.52(e) -- Class R5................ 7.52(f) 11 1.02(e) 0.83(e) 0.83(e) 1.82(e) -- For the Year Ended October 31, 2006 Class A................. 11.16 1,110,324 1.17 1.12 1.12 1.86 99 Class B................. 10.25 341,772 1.96 1.91 1.91 1.07 -- Class C................. 10.32 219,580 1.87 1.82 1.82 1.16 -- Class Y................. 11.63 17,710 0.71 0.66 0.66 2.32 -- For the Year Ended October 31, 2005(h) Class A................. 7.30 1,222,944 1.21 1.19 1.19 1.73 66 Class B................. 6.48 437,462 1.99 1.98 1.98 0.95 -- Class C................. 6.63 253,605 1.91 1.89 1.89 1.06 -- Class Y................. 7.78 15,342 0.75 0.74 0.74 2.13 -- For the Year Ended October 31, 2004(h) Class A................. 3.93(i) 1,539,264 1.22 1.22 1.22 1.23 42 Class B................. 3.21(i) 550,499 1.95 1.95 1.95 0.50 -- Class C................. 3.27(i) 355,711 1.86 1.86 1.86 0.58 -- Class Y................. 4.22 13,587 0.74 0.74 0.74 1.71 -- For the Year Ended October 31, 2003(h) Class A................. 13.62 1,470,569 1.40 1.39 1.39 1.44 46 Class B................. 12.86 593,179 2.13 2.12 2.12 0.72 -- Class C................. 12.92 421,814 2.00 2.00 2.00 0.84 -- Class Y................. 14.28 8,714 0.81 0.81 0.81 1.98 -- For the Year Ended October 31, 2002(h) Class A................. (10.42) 1,245,331 1.41 1.36 1.36 1.56 44 Class B................. (11.11) 567,953 2.08 2.08 2.08 0.84 -- Class C................. (10.99) 422,520 1.97 1.97 1.97 0.95 -- Class Y................. (9.89) 3,997 0.78 0.78 0.78 2.15 -- THE HARTFORD BALANCED ALLOCATION FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 7.45(f) 533,627 0.54(e) 0.54(e) 0.54(e) 2.31(e) 37 Class B................. 6.98(f) 123,526 1.35(e) 1.32(e) 1.32(e) 1.58(e) -- Class C................. 7.00(f) 205,885 1.29(e) 1.29(e) 1.29(e) 1.57(e) -- Class I................. 7.65(f) 1,178 0.21(e) 0.21(e) 0.21(e) 1.78(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 7.24(f) 10 1.09(e) 1.00(e) 1.00(e) 0.20(e) -- Class R4................ 7.40(f) 10 0.78(e) 0.70(e) 0.70(e) 0.51(e) -- Class R5................ 7.48(f) 10 0.49(e) 0.40(e) 0.40(e) 0.81(e) -- For the Year Ended October 31, 2006 Class A................. 11.98 453,492 0.62 0.62 0.62 1.52 15 Class B................. 11.22 109,117 1.44 1.36 1.36 0.82 -- Class C................. 11.24 171,073 1.38 1.36 1.36 0.78 -- From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 3.35(f) 353 0.39(e) 0.39(e) 0.39(e) 1.47(e) -- For the Year Ended October 31, 2005 Class A................. 7.47 262,878 0.66 0.60 0.60 1.26 2 Class B................. 6.66 72,619 1.47 1.31 1.31 0.55 -- Class C................. 6.66 103,248 1.41 1.31 1.31 0.56 --
347 HARTFORD MUTUAL FUNDS, INC. AND HARTFORD MUTUAL FUNDS II, INC. FINANCIAL HIGHLIGHTS -- (CONTINUED) - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD BALANCED ALLOCATION FUND(G) -- (CONTINUED) From (commencement of operations) May 28, 2004, through October 31, 2004 Class A................. $10.00 $ 0.02 $ -- $ 0.30 $ 0.32 Class B................. 10.00 0.01 -- 0.27 0.28 Class C................. 10.00 -- -- 0.28 0.28 THE HARTFORD BALANCE INCOME FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 10.42 0.16 -- 0.51 0.67 Class B................. 10.41 0.12 -- 0.51 0.63 Class C................. 10.41 0.12 -- 0.50 0.62 Class Y................. 10.42 0.20 -- 0.48 0.68 From (commencement of operations) July 31, 2006, through October 31, 2006 Class A................. 10.00 0.09 -- 0.39 0.48 Class B................. 10.00 0.07 -- 0.38 0.45 Class C................. 10.00 0.06 -- 0.40 0.46 Class Y................. 10.00 0.10 -- 0.38 0.48 THE HARTFORD CAPITAL APPRECIATION FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. 39.67 0.10 -- 2.73 2.83 Class B................. 36.25 (0.04) -- 2.47 2.43 Class C................. 36.40 (0.03) -- 2.49 2.46 Class I................. 39.69 0.18 -- 2.69 2.87 Class Y................. 42.19 0.20 -- 2.90 3.10 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited)(h) Class R3................ 40.22 0.04 -- 1.55 1.59 Class R4................ 40.22 0.06 -- 1.57 1.63 Class R5................ 40.22 0.11 -- 1.57 1.68 For the Year Ended October 31, 2006 Class A................. 36.51 0.15 -- 6.43 6.58 Class B................. 33.90 (0.10) -- 5.87 5.77 Class C................. 34.00 (0.07) -- 5.89 5.82 Class Y................. 38.47 0.30 -- 6.84 7.14 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 37.53 -- -- 2.16 2.16 For the Year Ended October 31, 2005 Class A................. 30.80 0.09 -- 5.62 5.71 Class B................. 28.82 (0.15) -- 5.23 5.08 Class C................. 28.88 (0.11) -- 5.23 5.12 Class Y................. 32.29 0.21 -- 5.97 6.18 For the Year Ended October 31, 2004 Class A................. 26.50 (0.01) -- 4.31 4.30 Class B................. 24.97 (0.21) -- 4.06 3.85 Class C................. 25.00 (0.18) -- 4.06 3.88 Class Y................. 27.64 0.11 -- 4.54 4.65 For the Year Ended October 31, 2003 Class A................. 20.47 (0.04) -- 6.07 6.03 Class B................. 19.44 (0.19) -- 5.72 5.53 Class C................. 19.44 (0.16) -- 5.72 5.56 Class Y................. 21.23 0.08 -- 6.33 6.41 For the Year Ended October 31, 2002(h) Class A................. 24.12 (0.06) -- (3.59) (3.65) Class B................. 23.06 (0.25) -- (3.37) (3.62) Class C................. 23.04 (0.22) -- (3.38) (3.60) Class Y................. 24.85 0.04 -- (3.66) (3.62) -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD BALANCED ALLOCATION FUND(G) -- (CONTINUED) From (commencement of operations) May 28, 2004, through October 31, 2004 Class A................. $ (0.02) $ -- $ -- $ (0.02) $ 0.30 $10.30 Class B................. -- -- -- -- 0.28 10.28 Class C................. -- -- -- -- 0.28 10.28 THE HARTFORD BALANCE INCOME FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.17) -- -- (0.17) 0.50 10.92 Class B................. (0.14) -- -- (0.14) 0.49 10.90 Class C................. (0.14) -- -- (0.14) 0.48 10.89 Class Y................. (0.17) -- -- (0.17) 0.51 10.93 From (commencement of operations) July 31, 2006, through October 31, 2006 Class A................. (0.06) -- -- (0.06) 0.42 10.42 Class B................. (0.04) -- -- (0.04) 0.41 10.41 Class C................. (0.05) -- -- (0.05) 0.41 10.41 Class Y................. (0.06) -- -- (0.06) 0.42 10.42 THE HARTFORD CAPITAL APPRECIATION FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. (0.13) (3.04) -- (3.17) (0.34) 39.33 Class B................. -- (3.04) -- (3.04) (0.61) 35.64 Class C................. -- (3.04) -- (3.04) (0.58) 35.82 Class I................. (0.40) (3.04) -- (3.44) (0.57) 39.12 Class Y................. (0.32) (3.04) -- (3.36) (0.26) 41.93 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited)(h) Class R3................ -- -- -- -- 1.59 41.81 Class R4................ -- -- -- -- 1.63 41.85 Class R5................ -- -- -- -- 1.68 41.90 For the Year Ended October 31, 2006 Class A................. -- (3.42) -- (3.42) 3.16 39.67 Class B................. -- (3.42) -- (3.42) 2.35 36.25 Class C................. -- (3.42) -- (3.42) 2.40 36.40 Class Y................. -- (3.42) -- (3.42) 3.72 42.19 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. -- -- -- -- 2.16 39.69 For the Year Ended October 31, 2005 Class A................. -- -- -- -- 5.71 36.51 Class B................. -- -- -- -- 5.08 33.90 Class C................. -- -- -- -- 5.12 34.00 Class Y................. -- -- -- -- 6.18 38.47 For the Year Ended October 31, 2004 Class A................. -- -- -- -- 4.30 30.80 Class B................. -- -- -- -- 3.85 28.82 Class C................. -- -- -- -- 3.88 28.88 Class Y................. -- -- -- -- 4.65 32.29 For the Year Ended October 31, 2003 Class A................. -- -- -- -- 6.03 26.50 Class B................. -- -- -- -- 5.53 24.97 Class C................. -- -- -- -- 5.56 25.00 Class Y................. -- -- -- -- 6.41 27.64 For the Year Ended October 31, 2002(h) Class A................. -- -- -- -- (3.65) 20.47 Class B................. -- -- -- -- (3.62) 19.44 Class C................. -- -- -- -- (3.60) 19.44 Class Y................. -- -- -- -- (3.62) 21.23 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD BALANCED ALLOCATION FUND(G) -- (CONTINUED) From (commencement of operations) May 28, 2004, through October 31, 2004 Class A................. 3.15%(f) $ 67,293 0.62%(e) 0.59%(e) 0.59%(e) 0.99%(e) -- Class B................. 2.82(f) 18,841 1.45(e) 1.29(e) 1.29(e) 0.33(e) -- Class C................. 2.82(f) 30,414 1.38(e) 1.29(e) 1.29(e) 0.30(e) -- THE HARTFORD BALANCE INCOME FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 6.43(f) 24,920 1.38(e) 1.25(e) 1.25(e) 3.45(e) 12% Class B................. 6.10(f) 1,058 2.24(e) 2.00(e) 2.00(e) 2.67(e) -- Class C................. 6.03(f) 1,725 2.20(e) 2.00(e) 2.00(e) 2.65(e) -- Class Y................. 6.62(f) 112 1.10(e) 0.90(e) 0.90(e) 3.82(e) -- From (commencement of operations) July 31, 2006, through October 31, 2006 Class A................. 4.78(f) 11,513 1.58(e) 1.26(e) 1.26(e) 3.48(e) 8 Class B................. 4.54(f) 304 2.34(e) 2.00(e) 2.00(e) 2.73(e) -- Class C................. 4.56(f) 400 2.39(e) 2.00(e) 2.00(e) 2.67(e) -- Class Y................. 4.83(f) 105 1.31(e) 0.90(e) 0.90(e) 3.86(e) -- THE HARTFORD CAPITAL APPRECIATION FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. 7.67(f)(i) 10,885,348 1.13(e) 1.13(e) 1.13(e) 0.55(e) 42 Class B................. 7.24(f)(i) 1,980,702 1.93(e) 1.93(e) 1.93(e) (0.26)(e) -- Class C................. 7.30(f)(i) 3,547,615 1.84(e) 1.84(e) 1.84(e) (0.16)(e) -- Class I................. 7.80(f)(i) 62,704 0.79(e) 0.79(e) 0.79(e) 0.96(e) -- Class Y................. 7.88(f)(i) 678,985 0.72(e) 0.72(e) 0.72(e) 0.95(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited)(h) Class R3................ 7.57(f) 35 1.59(e) 1.55(e) 1.55(e) 0.26(e) -- Class R4................ 7.67(f) 10 1.31(e) 1.24(e) 1.24(e) 0.41(e) -- Class R5................ 7.80(f) 10 1.02(e) 0.94(e) 0.94(e) 0.71(e) -- For the Year Ended October 31, 2006 Class A................. 19.56 9,312,766 1.18 1.18 1.18 0.47 74 Class B................. 18.59 1,868,359 1.97 1.97 1.97 (0.31) -- Class C................. 18.69 2,968,472 1.90 1.90 1.90 (0.25) -- Class Y................. 20.07 414,259 0.75 0.75 0.75 0.90 -- From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 5.76(f) 5,193 0.88(e) 0.88(e) 0.88(e) 0.17(e) -- For the Year Ended October 31, 2005 Class A................. 18.54 6,071,891 1.26 1.26 1.26 0.31 93 Class B................. 17.63 1,631,199 2.03 2.03 2.03 (0.45) -- Class C................. 17.73 1,834,562 1.94 1.94 1.94 (0.37) -- Class Y................. 19.14 245,163 0.78 0.78 0.78 0.76 -- For the Year Ended October 31, 2004 Class A................. 16.23 4,203,178 1.35 1.35 1.35 (0.05) 78 Class B................. 15.42 1,432,121 2.06 2.06 2.06 (0.78) -- Class C................. 15.52 1,348,972 1.97 1.97 1.97 (0.68) -- Class Y................. 16.82 116,527 0.79 0.79 0.79 0.50 -- For the Year Ended October 31, 2003 Class A................. 29.46 2,357,913 1.45 1.43 1.43 (0.13) 113 Class B................. 28.45 1,140,154 2.17 2.17 2.17 (0.87) -- Class C................. 28.60 981,246 2.05 2.05 2.05 (0.75) -- Class Y................. 30.19 48,372 0.85 0.85 0.85 0.46 -- For the Year Ended October 31, 2002(h) Class A................. (15.13) 1,700,765 1.45 1.40 1.40 (0.28) 112 Class B................. (15.70) 884,553 2.14 2.14 2.14 (1.04) -- Class C................. (15.62) 738,988 2.02 2.02 2.02 (0.92) -- Class Y................. (14.57) 25,378 0.80 0.80 0.80 0.27 --
The accompanying notes are an integral part of these financial statements. 348 - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD CAPITAL APPRECIATION II FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. $13.13 $ -- $ -- $ 1.70 $ 1.70 Class B................. 12.99 (0.03) -- 1.64 1.61 Class C................. 13.00 (0.02) -- 1.65 1.63 Class I................. 13.14 0.02 -- 1.70 1.72 Class Y................. 13.20 0.03 -- 1.71 1.74 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 13.52 -- -- 1.07 1.07 Class R4................ 13.52 (0.01) -- 1.09 1.08 Class R5................ 13.52 0.01 -- 1.09 1.10 For the Year Ended October 31, 2006 Class A................. 11.07 (0.01) -- 2.22 2.21 Class B................. 11.02 (0.07) -- 2.19 2.12 Class C................. 11.04 (0.06) -- 2.17 2.11 Class Y................. 11.08 0.12 -- 2.15 2.27 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 12.51 -- -- 0.63 0.63 From (commencement of operations) April 29, 2005, through October 31, 2005 Class A................. 10.00 (0.01) -- 1.08 1.07 Class B................. 10.00 (0.03) -- 1.05 1.02 Class C................. 10.00 (0.03) -- 1.07 1.04 Class Y................. 10.00 0.02 -- 1.06 1.08 THE HARTFORD CONSERVATIVE ALLOCATION FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 11.16 0.16 -- 0.43 0.59 Class B................. 11.16 0.13 -- 0.43 0.56 Class C................. 11.15 0.12 -- 0.44 0.56 Class I................. 11.16 0.21 -- 0.40 0.61 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 10.95 0.04 -- 0.30 0.34 Class R4................ 10.95 0.06 -- 0.30 0.36 Class R5................ 10.95 0.07 -- 0.30 0.37 For the Year Ended October 31, 2006 Class A................. 10.57 0.26 -- 0.76 1.02 Class B................. 10.56 0.19 -- 0.76 0.95 Class C................. 10.56 0.19 -- 0.76 0.95 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 10.94 0.07 -- 0.22 0.29 For the Year Ended October 31, 2005 Class A................. 10.27 0.23 -- 0.28 0.51 Class B................. 10.26 0.16 -- 0.28 0.44 Class C................. 10.26 0.16 -- 0.28 0.44 From (commencement of operations) May 28, 2004, through October 31, 2004 Class A................. 10.00 0.03 -- 0.27 0.30 Class B................. 10.00 0.02 -- 0.25 0.27 Class C................. 10.00 0.02 -- 0.25 0.27 THE HARTFORD DISCIPLINED EQUITY FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 13.19 0.03 0.01 1.21 1.25 Class B................. 12.53 (0.02) 0.01 1.15 1.14 Class C................. 12.54 (0.02) 0.01 1.16 1.15 Class Y................. 13.58 0.15 0.01 1.17 1.33 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD CAPITAL APPRECIATION II FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. $ -- $(0.31) $ -- $ (0.31) $ 1.39 $14.52 Class B................. -- (0.31) -- (0.31) 1.30 14.29 Class C................. -- (0.31) -- (0.31) 1.32 14.32 Class I................. -- (0.31) -- (0.31) 1.41 14.55 Class Y................. -- (0.31) -- (0.31) 1.43 14.63 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ -- -- -- -- 1.07 14.59 Class R4................ -- -- -- -- 1.08 14.60 Class R5................ -- -- -- -- 1.10 14.62 For the Year Ended October 31, 2006 Class A................. -- (0.15) -- (0.15) 2.06 13.13 Class B................. -- (0.15) -- (0.15) 1.97 12.99 Class C................. -- (0.15) -- (0.15) 1.96 13.00 Class Y................. -- (0.15) -- (0.15) 2.12 13.20 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. -- -- -- -- 0.63 13.14 From (commencement of operations) April 29, 2005, through October 31, 2005 Class A................. -- -- -- -- 1.07 11.07 Class B................. -- -- -- -- 1.02 11.02 Class C................. -- -- -- -- 1.04 11.04 Class Y................. -- -- -- -- 1.08 11.08 THE HARTFORD CONSERVATIVE ALLOCATION FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.21) (0.29) -- (0.50) 0.09 11.25 Class B................. (0.18) (0.29) -- (0.47) 0.09 11.25 Class C................. (0.18) (0.29) -- (0.47) 0.09 11.24 Class I................. (0.24) (0.29) -- (0.53) 0.08 11.24 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ (0.05) -- -- (0.05) 0.29 11.24 Class R4................ (0.06) -- -- (0.06) 0.30 11.25 Class R5................ (0.07) -- -- (0.07) 0.30 11.25 For the Year Ended October 31, 2006 Class A................. (0.31) (0.12) -- (0.43) 0.59 11.16 Class B................. (0.23) (0.12) -- (0.35) 0.60 11.16 Class C................. (0.24) (0.12) -- (0.36) 0.59 11.15 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. (0.07) -- -- (0.07) 0.22 11.16 For the Year Ended October 31, 2005 Class A................. (0.21) -- -- (0.21) 0.30 10.57 Class B................. (0.14) -- -- (0.14) 0.30 10.56 Class C................. (0.14) -- -- (0.14) 0.30 10.56 From (commencement of operations) May 28, 2004, through October 31, 2004 Class A................. (0.03) -- -- (0.03) 0.27 10.27 Class B................. (0.01) -- -- (0.01) 0.26 10.26 Class C................. (0.01) -- -- (0.01) 0.26 10.26 THE HARTFORD DISCIPLINED EQUITY FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.10) -- -- (0.10) 1.15 14.34 Class B................. (0.01) -- -- (0.01) 1.13 13.66 Class C................. (0.01) -- -- (0.01) 1.14 13.68 Class Y................. (0.10) -- -- (0.10) 1.23 14.81 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD CAPITAL APPRECIATION II FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. 13.21%(f) $ 462,523 1.45%(e) 1.45%(e) 1.45%(e) 0.06%(e) 52% Class B................. 12.65(f) 60,123 2.31(e) 2.30(e) 2.30(e) (0.78)(e) -- Class C................. 12.79(f) 219,908 2.17(e) 2.17(e) 2.17(e) (0.64)(e) -- Class I................. 13.35(f) 34,605 1.10(e) 1.10(e) 1.10(e) 0.45(e) -- Class Y................. 13.44(f) 135 1.03(e) 1.03(e) 1.03(e) 0.46(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 13.13(f) 166 1.72(e) 1.72(e) 1.72(e) (0.01)(e) -- Class R4................ 13.21(f) 11 1.58(e) 1.52(e) 1.52(e) (0.15)(e) -- Class R5................ 13.37(f) 11 1.33(e) 1.25(e) 1.25(e) 0.13(e) -- For the Year Ended October 31, 2006 Class A................. 20.21 241,238 1.66 1.61 1.61 (0.13) 113 Class B................. 19.48 29,169 2.54 2.35 2.35 (0.88) -- Class C................. 19.35 97,678 2.37 2.33 2.33 (0.86) -- Class Y................. 20.74 119 1.20 1.15 1.15 0.39 -- From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 5.04(f) 3,316 1.46(e) 0.80(e) 0.80(e) 0.45(e) -- From (commencement of operations) April 29, 2005, through October 31, 2005 Class A................. 10.70(f) 56,981 1.99(e) 1.60(e) 1.60(e) (0.30)(e) 46 Class B................. 10.20(f) 6,343 2.97(e) 2.35(e) 2.35(e) (1.10)(e) -- Class C................. 10.40(f) 19,494 2.82(e) 2.35(e) 2.35(e) (1.12)(e) -- Class Y................. 10.80(f) 332 1.41(e) 1.15(e) 1.15(e) 0.29(e) -- THE HARTFORD CONSERVATIVE ALLOCATION FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 5.50(f) 106,703 0.57(e) 0.57(e) 0.57(e) 2.93(e) 35 Class B................. 5.15(f) 23,191 1.40(e) 1.27(e) 1.27(e) 2.26(e) -- Class C................. 5.15(f) 39,765 1.34(e) 1.27(e) 1.27(e) 2.11(e) -- Class I................. 5.63(f) 3,567 0.25(e) 0.25(e) 0.25(e) 2.14(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 5.27(f) 10 1.14(e) 1.06(e) 1.06(e) 1.12(e) -- Class R4................ 5.45(f) 10 0.82(e) 0.74(e) 0.74(e) 1.43(e) -- Class R5................ 5.53(f) 10 0.54(e) 0.45(e) 0.45(e) 1.73(e) -- For the Year Ended October 31, 2006 Class A................. 9.85 93,504 0.64 0.63 0.63 2.41 29 Class B................. 9.19 20,782 1.48 1.31 1.31 1.73 -- Class C................. 9.10 36,123 1.41 1.31 1.31 1.67 -- From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 2.69(f) 10 0.72(e) 0.41(e) 0.41(e) 2.07(e) -- For the Year Ended October 31, 2005 Class A................. 4.96 70,533 0.63 0.60 0.60 2.25 23 Class B................. 4.26 14,525 1.48 1.26 1.26 1.60 -- Class C................. 4.26 27,453 1.42 1.26 1.26 1.56 -- From (commencement of operations) May 28, 2004, through October 31, 2004 Class A................. 2.96(f) 33,921 0.63(e) 0.60(e) 0.60(e) 1.70(e) -- Class B................. 2.70(f) 4,993 1.44(e) 1.25(e) 1.25(e) 1.05(e) -- Class C................. 2.70(f) 10,807 1.38(e) 1.25(e) 1.25(e) 1.17(e) -- THE HARTFORD DISCIPLINED EQUITY FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 9.52(f)(i) 186,122 1.42(e) 1.40(e) 1.40(e) 0.43(e) 32 Class B................. 9.14(f)(i) 33,879 2.33(e) 2.07(e) 2.07(e) (0.23)(e) -- Class C................. 9.16(f)(i) 27,887 2.11(e) 2.11(e) 2.11(e) (0.27)(e) -- Class Y................. 9.86(f)(i) 99,022 0.89(e) 0.89(e) 0.89(e) 1.04(e) --
349 HARTFORD MUTUAL FUNDS, INC. AND HARTFORD MUTUAL FUNDS II, INC. FINANCIAL HIGHLIGHTS -- (CONTINUED) - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD DISCIPLINED EQUITY FUND -- (CONTINUED) From (commencement of operations) December 22, 2006, through April 30, 2007 Class R3................ $13.89 $ -- $ -- $ 0.87 $ 0.87 Class R4................ 13.89 0.02 -- 0.87 0.89 Class R5................ 13.89 0.03 -- 0.88 0.91 For the Year Ended October 31, 2006 Class A................. 11.78 0.04 -- 1.39 1.43 Class B................. 11.25 (0.03) -- 1.31 1.28 Class C................. 11.26 (0.04) -- 1.32 1.28 Class Y................. 12.12 0.14 -- 1.40 1.54 For the Year Ended October 31, 2005 Class A................. 10.67 0.10 -- 1.09 1.19 Class B................. 10.20 (0.02) -- 1.08 1.06 Class C................. 10.22 (0.02) -- 1.07 1.05 Class Y................. 10.99 0.15 -- 1.12 1.27 For the Year Ended October 31, 2004 Class A................. 10.08 0.03 -- 0.57 0.60 Class B................. 9.70 (0.05) -- 0.55 0.50 Class C................. 9.71 (0.05) -- 0.56 0.51 Class Y................. 10.36 (0.01) -- 0.69 0.68 For the Year Ended October 31, 2003 Class A................. 8.43 0.02 -- 1.63 1.65 Class B................. 8.17 (0.04) -- 1.57 1.53 Class C................. 8.18 (0.04) -- 1.57 1.53 Class Y................. 8.63 0.08 -- 1.65 1.73 For the Year Ended October 31, 2002(h) Class A................. 10.36 -- -- (1.93) (1.93) Class B................. 10.10 (0.11) -- (1.82) (1.93) Class C................. 10.11 (0.06) -- (1.87) (1.93) Class Y................. 10.52 0.05 -- (1.94) (1.89) THE HARTFORD DIVIDEND AND GROWTH FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 21.48 0.14 0.01 1.91 2.06 Class B................. 21.17 0.06 0.01 1.88 1.95 Class C................. 21.13 0.07 0.01 1.87 1.95 Class I................. 21.46 0.16 -- 1.94 2.10 Class Y................. 21.72 0.20 0.01 1.92 2.13 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 21.14 0.05 -- 1.18 1.23 Class R4................ 21.14 0.08 -- 1.18 1.26 Class R5................ 21.14 0.10 -- 1.18 1.28 For the Year Ended October 31, 2006(h) Class A................. 19.10 0.26 -- 3.14 3.40 Class B................. 18.84 0.09 -- 3.10 3.19 Class C................. 18.81 0.12 -- 3.08 3.20 Class Y................. 19.30 0.35 -- 3.18 3.53 From (commencement of operations) August 31, 2006, through October 31, 2006(h) Class I................. 20.48 0.03 -- 1.03 1.06 For the Year Ended October 31, 2005 Class A................. 17.79 0.23 -- 1.51 1.74 Class B................. 17.56 0.08 -- 1.48 1.56 Class C................. 17.53 0.10 -- 1.48 1.58 Class Y................. 17.97 0.32 -- 1.53 1.85 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD DISCIPLINED EQUITY FUND -- (CONTINUED) From (commencement of operations) December 22, 2006, through April 30, 2007 Class R3................ $ -- $ -- $ -- $ -- $ 0.87 $14.76 Class R4................ -- -- -- -- 0.89 14.78 Class R5................ -- -- -- -- 0.91 14.80 For the Year Ended October 31, 2006 Class A................. (0.02) -- -- (0.02) 1.41 13.19 Class B................. -- -- -- -- 1.28 12.53 Class C................. -- -- -- -- 1.28 12.54 Class Y................. (0.08) -- -- (0.08) 1.46 13.58 For the Year Ended October 31, 2005 Class A................. (0.08) -- -- (0.08) 1.11 11.78 Class B................. (0.01) -- -- (0.01) 1.05 11.25 Class C................. (0.01) -- -- (0.01) 1.04 11.26 Class Y................. (0.14) -- -- (0.14) 1.13 12.12 For the Year Ended October 31, 2004 Class A................. (0.01) -- -- (0.01) 0.59 10.67 Class B................. -- -- -- -- 0.50 10.20 Class C................. -- -- -- -- 0.51 10.22 Class Y................. (0.05) -- -- (0.05) 0.63 10.99 For the Year Ended October 31, 2003 Class A................. -- -- -- -- 1.65 10.08 Class B................. -- -- -- -- 1.53 9.70 Class C................. -- -- -- -- 1.53 9.71 Class Y................. -- -- -- -- 1.73 10.36 For the Year Ended October 31, 2002(h) Class A................. -- -- -- -- (1.93) 8.43 Class B................. -- -- -- -- (1.93) 8.17 Class C................. -- -- -- -- (1.93) 8.18 Class Y................. -- -- -- -- (1.89) 8.63 THE HARTFORD DIVIDEND AND GROWTH FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.12) (1.34) -- (1.46) 0.60 22.08 Class B................. (0.04) (1.34) -- (1.38) 0.57 21.74 Class C................. (0.05) (1.34) -- (1.39) 0.56 21.69 Class I................. (0.20) (1.34) -- (1.54) 0.56 22.02 Class Y................. (0.16) (1.34) -- (1.50) 0.63 22.35 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ (0.04) -- -- (0.04) 1.19 22.33 Class R4................ (0.06) -- -- (0.06) 1.20 22.34 Class R5................ (0.07) -- -- (0.07) 1.21 22.35 For the Year Ended October 31, 2006(h) Class A................. (0.26) (0.76) -- (1.02) 2.38 21.48 Class B................. (0.10) (0.76) -- (0.86) 2.33 21.17 Class C................. (0.12) (0.76) -- (0.88) 2.32 21.13 Class Y................. (0.35) (0.76) -- (1.11) 2.42 21.72 From (commencement of operations) August 31, 2006, through October 31, 2006(h) Class I................. (0.08) -- -- (0.08) 0.98 21.46 For the Year Ended October 31, 2005 Class A................. (0.24) (0.19) -- (0.43) 1.31 19.10 Class B................. (0.09) (0.19) -- (0.28) 1.28 18.84 Class C................. (0.11) (0.19) -- (0.30) 1.28 18.81 Class Y................. (0.33) (0.19) -- (0.52) 1.33 19.30 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD DISCIPLINED EQUITY FUND -- (CONTINUED) From (commencement of operations) December 22, 2006, through April 30, 2007 Class R3................ 9.48%(f) $ 11 1.78%(e) 1.65%(e) 1.65%(e) (0.03)%(e) -- Class R4................ 9.63(f) 11 1.48(e) 1.35(e) 1.35(e) 0.27(e) -- Class R5................ 9.78(f) 11 1.20(e) 1.05(e) 1.05(e) 0.57(e) -- For the Year Ended October 31, 2006 Class A................. 12.13 189,375 1.40 1.40 1.40 0.39 67% Class B................. 11.38 35,673 2.30 2.07 2.07 (0.28) -- Class C................. 11.37 29,153 2.10 2.10 2.10 (0.31) -- Class Y................. 12.76 169,614 0.89 0.89 0.89 0.88 -- For the Year Ended October 31, 2005 Class A................. 11.19 209,721 1.41 1.40 1.40 0.81 61 Class B................. 10.35 39,806 2.34 2.15 2.15 0.06 -- Class C................. 10.29 33,690 2.11 2.11 2.11 0.12 -- Class Y................. 11.62 81,582 0.90 0.90 0.90 0.97 -- For the Year Ended October 31, 2004 Class A................. 5.92 241,014 1.46 1.45 1.45 0.30 62 Class B................. 5.16 44,561 2.34 2.15 2.15 (0.41) -- Class C................. 5.25(i) 40,965 2.10 2.10 2.10 (0.36) -- Class Y................. 6.55 19,578 0.88 0.88 0.88 0.95 -- For the Year Ended October 31, 2003 Class A................. 19.57 243,842 1.56 1.45 1.45 0.24 76 Class B................. 18.73 47,888 2.30 2.15 2.15 (0.46) -- Class C................. 18.70 46,162 2.17 2.15 2.15 (0.46) -- Class Y................. 20.05 622 0.98 0.98 0.98 0.70 -- For the Year Ended October 31, 2002(h) Class A................. (18.63) 230,545 1.57 1.45 1.45 (0.03) 89 Class B................. (19.11) 43,431 2.26 2.15 2.15 (1.03) -- Class C................. (19.09) 44,054 2.13 2.13 2.13 (0.80) -- Class Y................. (17.97) 661 0.93 0.93 0.93 0.46 -- THE HARTFORD DIVIDEND AND GROWTH FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 10.25(f)(i) 3,014,547 1.10(e) 1.10(e) 1.10(e) 1.39(e) 12 Class B................. 9.79(f)(i) 392,994 1.96(e) 1.96(e) 1.96(e) 0.54(e) -- Class C................. 9.84(f)(i) 352,106 1.83(e) 1.83(e) 1.83(e) 0.66(e) -- Class I................. 10.44(f)(i) 687 0.78(e) 0.78(e) 0.78(e) 1.40(e) -- Class Y................. 10.46(f)(i) 126,934 0.69(e) 0.69(e) 0.69(e) 1.84(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 10.14(f) 11 1.59(e) 1.50(e) 1.50(e) 0.69(e) -- Class R4................ 10.27(f) 11 1.28(e) 1.20(e) 1.20(e) 0.99(e) -- Class R5................ 10.40(f) 11 0.99(e) 0.90(e) 0.90(e) 1.29(e) -- For the Year Ended October 31, 2006(h) Class A................. 18.63 2,626,634 1.14 1.14 1.14 1.32 29 Class B................. 17.63 365,678 1.99 1.99 1.99 0.48 -- Class C................. 17.75 317,139 1.87 1.87 1.87 0.60 -- Class Y................. 19.15 133,376 0.71 0.71 0.71 1.75 -- From (commencement of operations) August 31, 2006, through October 31, 2006(h) Class I................. 5.20(f) 11 1.08(e) 0.98(e) 0.98(e) 0.59(e) -- For the Year Ended October 31, 2005 Class A................. 9.87 2,109,617 1.17 1.17 1.17 1.25 26 Class B................. 8.92 343,650 2.01 2.01 2.01 0.41 -- Class C................. 9.08 280,967 1.89 1.89 1.89 0.54 -- Class Y................. 10.36 114,777 0.73 0.73 0.73 1.64 --
The accompanying notes are an integral part of these financial statements. 350 - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD DIVIDEND AND GROWTH FUND -- (CONTINUED) For the Year Ended October 31, 2004 Class A................. $15.94 $ 0.16 $0.01 $ 1.82 $ 1.99 Class B................. 15.75 0.03 -- 1.80 1.83 Class C................. 15.72 0.05 0.01 1.79 1.85 Class Y................. 16.11 0.24 -- 1.86 2.10 For the Year Ended October 31, 2003 Class A................. 13.58 0.12 -- 2.37 2.49 Class B................. 13.43 0.03 -- 2.32 2.35 Class C................. 13.40 0.04 -- 2.32 2.36 Class Y................. 13.73 0.19 -- 2.40 2.59 For the Year Ended October 31, 2002(h) Class A................. 15.53 0.12 -- (1.71) (1.59) Class B................. 15.37 0.02 -- (1.70) (1.68) Class C................. 15.33 0.03 -- (1.69) (1.66) Class Y................. 15.71 0.12 -- (1.65) (1.53) THE HARTFORD EQUITY GROWTH ALLOCATION FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. 13.21 0.04 -- 1.33 1.37 Class B................. 13.10 -- -- 1.31 1.31 Class C................. 13.10 -- -- 1.30 1.30 Class I................. 13.22 0.02 -- 1.36 1.38 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited)(h) Class R3................ 13.24 (0.04) -- 0.84 0.80 Class R4................ 13.24 (0.03) -- 0.85 0.82 Class R5................ 13.24 (0.02) -- 0.86 0.84 For the Year Ended October 31, 2006 Class A................. 11.46 0.02 -- 1.83 1.85 Class B................. 11.37 (0.12) -- 1.88 1.76 Class C................. 11.37 (0.12) -- 1.88 1.76 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 12.59 (0.01) -- 0.64 0.63 For the Year Ended October 31, 2005 Class A................. 10.38 (0.02) -- 1.12 1.10 Class B................. 10.35 (0.08) -- 1.10 1.02 Class C................. 10.35 (0.07) -- 1.09 1.02 From (commencement of operations) May 28, 2004, through October 31, 2004 Class A................. 10.00 (0.01) -- 0.39 0.38 Class B................. 10.00 (0.02) -- 0.37 0.35 Class C................. 10.00 (0.02) -- 0.37 0.35 THE HARTFORD EQUITY INCOME FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 14.00 0.13 -- 1.25 1.38 Class B................. 13.97 0.08 -- 1.23 1.31 Class C................. 13.99 0.09 -- 1.22 1.31 Class I................. 13.99 0.14 -- 1.25 1.39 Class Y................. 14.07 0.14 -- 1.27 1.41 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 13.97 0.07 -- 0.77 0.84 Class R4................ 13.97 0.08 -- 0.77 0.85 Class R5................ 13.97 0.10 -- 0.78 0.88 For the Year Ended October 31, 2006 Class A................. 12.09 0.26 -- 1.96 2.22 Class B................. 12.07 0.16 -- 1.94 2.10 Class C................. 12.08 0.17 -- 1.96 2.13 Class Y................. 12.15 0.30 -- 1.98 2.28 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD DIVIDEND AND GROWTH FUND -- (CONTINUED) For the Year Ended October 31, 2004 Class A................. $ (0.14) $ -- $ -- $ (0.14) $ 1.85 $17.79 Class B................. (0.02) -- -- (0.02) 1.81 17.56 Class C................. (0.04) -- -- (0.04) 1.81 17.53 Class Y................. (0.24) -- -- (0.24) 1.86 17.97 For the Year Ended October 31, 2003 Class A................. (0.13)(j) -- -- (0.13) 2.36 15.94 Class B................. (0.03)(j) -- -- (0.03) 2.32 15.75 Class C................. (0.04)(j) -- -- (0.04) 2.32 15.72 Class Y................. (0.21)(j) -- -- (0.21) 2.38 16.11 For the Year Ended October 31, 2002(h) Class A................. (0.12) (0.24) -- (0.36) (1.95) 13.58 Class B................. (0.02) (0.24) -- (0.26) (1.94) 13.43 Class C................. (0.03) (0.24) -- (0.27) (1.93) 13.40 Class Y................. (0.21) (0.24) -- (0.45) (1.98) 13.73 THE HARTFORD EQUITY GROWTH ALLOCATION FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. (0.24) (0.28) -- (0.52) 0.85 14.06 Class B................. (0.16) (0.28) -- (0.44) 0.87 13.97 Class C................. (0.16) (0.28) -- (0.44) 0.86 13.96 Class I................. (0.25) (0.28) -- (0.53) 0.85 14.07 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited)(h) Class R3................ -- -- -- -- 0.80 14.04 Class R4................ -- -- -- -- 0.82 14.06 Class R5................ -- -- -- -- 0.84 14.08 For the Year Ended October 31, 2006 Class A................. (0.09) (0.01) -- (0.10) 1.75 13.21 Class B................. (0.02) (0.01) -- (0.03) 1.73 13.10 Class C................. (0.02) (0.01) -- (0.03) 1.73 13.10 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. -- -- -- -- 0.63 13.22 For the Year Ended October 31, 2005 Class A................. (0.02) -- -- (0.02) 1.08 11.46 Class B................. -- -- -- -- 1.02 11.37 Class C................. -- -- -- -- 1.02 11.37 From (commencement of operations) May 28, 2004, through October 31, 2004 Class A................. -- -- -- -- 0.38 10.38 Class B................. -- -- -- -- 0.35 10.35 Class C................. -- -- -- -- 0.35 10.35 THE HARTFORD EQUITY INCOME FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.12) (0.54) -- (0.66) 0.72 14.72 Class B................. (0.06) (0.54) -- (0.60) 0.71 14.68 Class C................. (0.07) (0.54) -- (0.61) 0.70 14.69 Class I................. (0.16) (0.54) -- (0.70) 0.69 14.68 Class Y................. (0.16) (0.54) -- (0.70) 0.71 14.78 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ (0.04) -- -- (0.04) 0.80 14.77 Class R4................ (0.05) -- -- (0.05) 0.80 14.77 Class R5................ (0.07) -- -- (0.07) 0.81 14.78 For the Year Ended October 31, 2006 Class A................. (0.28) (0.03) -- (0.31) 1.91 14.00 Class B................. (0.17) (0.03) -- (0.20) 1.90 13.97 Class C................. (0.19) (0.03) -- (0.22) 1.91 13.99 Class Y................. (0.33) (0.03) -- (0.36) 1.92 14.07 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD DIVIDEND AND GROWTH FUND -- (CONTINUED) For the Year Ended October 31, 2004 Class A................. 12.53%(i) $ 1,838,567 1.23% 1.23% 1.23% 0.96% 25% Class B................. 11.62 319,512 2.04 2.04 2.04 0.16 -- Class C................. 11.76(i) 277,706 1.90 1.90 1.90 0.29 -- Class Y................. 13.06 69,088 0.75 0.75 0.75 1.44 -- For the Year Ended October 31, 2003 Class A................. 18.42 1,296,982 1.41 1.40 1.40 0.88 31 Class B................. 17.52 257,856 2.14 2.13 2.13 0.16 -- Class C................. 17.67 230,348 2.02 2.02 2.02 0.27 -- Class Y................. 19.03 42,107 0.81 0.81 0.81 1.44 -- For the Year Ended October 31, 2002(h) Class A................. (10.64) 808,633 1.46 1.40 1.40 0.78 33 Class B................. (11.15) 185,731 2.13 2.10 2.10 0.08 -- Class C................. (11.08) 164,260 2.02 2.02 2.02 0.15 -- Class Y................. (10.00) 14,790 0.82 0.82 0.82 1.36 -- THE HARTFORD EQUITY GROWTH ALLOCATION FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. 10.66(f) 148,750 0.69(e) 0.67(e) 0.67(e) 0.60(e) 41 Class B................. 10.29(f) 40,898 1.52(e) 1.33(e) 1.33(e) (0.05)(e) -- Class C................. 10.21(f) 63,064 1.42(e) 1.33(e) 1.33(e) (0.04)(e) -- Class I................. 10.79(f) 61 0.48(e) 0.34(e) 0.34(e) 0.38(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited)(h) Class R3................ 10.51(f) 10 1.14(e) 0.94(e) 0.94(e) (0.92)(e) -- Class R4................ 10.66(f) 11 0.80(e) 0.62(e) 0.62(e) (0.61)(e) -- Class R5................ 10.82(f) 11 0.54(e) 0.34(e) 0.34(e) (0.32)(e) -- For the Year Ended October 31, 2006 Class A................. 16.18 116,198 0.79 0.72 0.72 (0.34) 14 Class B................. 15.43 33,295 1.62 1.37 1.37 (0.93) -- Class C................. 15.43 51,936 1.51 1.37 1.37 (0.92) -- From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 5.00(f) 11 0.71(e) 0.48(e) 0.48(e) (0.45)(e) -- For the Year Ended October 31, 2005 Class A................. 10.60 58,087 0.85 0.68 0.68 (0.43) 9 Class B................. 9.88 20,155 1.64 1.33 1.33 (1.08) -- Class C................. 9.88 32,718 1.53 1.34 1.34 (1.08) -- From (commencement of operations) May 28, 2004, through October 31, 2004 Class A................. 3.80(f) 12,415 0.86(e) 0.67(e) 0.67(e) (0.58)(e) 3 Class B................. 3.50(f) 4,532 1.69(e) 1.32(e) 1.32(e) (1.23)(e) -- Class C................. 3.50(f) 5,424 1.59(e) 1.32(e) 1.32(e) (1.23)(e) -- THE HARTFORD EQUITY INCOME FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 10.27(f) 671,200 1.22(e) 1.12(e) 1.12(e) 1.95(e) 12 Class B................. 9.77(f) 51,445 2.06(e) 1.96(e) 1.96(e) 1.12(e) -- Class C................. 9.75(f) 71,025 1.94(e) 1.84(e) 1.84(e) 1.25(e) -- Class I................. 10.37(f) 620 0.93(e) 0.83(e) 0.83(e) 2.12(e) -- Class Y................. 10.44(f) 131,394 0.83(e) 0.73(e) 0.73(e) 2.27(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 10.12(f) 10 1.72(e) 1.60(e) 1.60(e) 1.38(e) -- Class R4................ 10.20(f) 10 1.41(e) 1.30(e) 1.30(e) 1.68(e) -- Class R5................ 10.36(f) 11 1.12(e) 1.00(e) 1.00(e) 1.98(e) -- For the Year Ended October 31, 2006 Class A................. 18.70 529,664 1.30 1.00 1.00 2.02 24 Class B................. 17.67 43,198 2.14 1.84 1.84 1.19 -- Class C................. 17.88 61,572 2.01 1.71 1.71 1.33 -- Class Y................. 19.18 7,593 0.88 0.58 0.58 2.26 --
351 HARTFORD MUTUAL FUNDS, INC. AND HARTFORD MUTUAL FUNDS II, INC. FINANCIAL HIGHLIGHTS -- (CONTINUED) - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD EQUITY INCOME FUND -- (CONTINUED) From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. $13.52 $ 0.08 $ -- $ 0.46 $ 0.54 For the Year Ended October 31, 2005 Class A................. 11.28 0.27 -- 0.82 1.09 Class B................. 11.26 0.17 -- 0.82 0.99 Class C................. 11.27 0.20 -- 0.81 1.01 Class Y................. 11.33 0.32 -- 0.83 1.15 For the Year Ended October 31, 2004 Class A................. 10.37 0.21 -- 0.90 1.11 Class B................. 10.36 0.13 -- 0.89 1.02 Class C................. 10.36 0.15 -- 0.89 1.04 Class Y................. 10.39 0.24 -- 0.95 1.19 From inception August 28, 2003, through October 31, 2003 Class A................. 10.00 0.02 -- 0.35 0.37 Class B................. 10.00 0.01 -- 0.35 0.36 Class C................. 10.00 0.01 -- 0.35 0.36 Class Y................. 10.00 0.04 -- 0.35 0.39 THE HARTFORD FLOATING RATE FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 10.11 0.33 -- 0.05 0.38 Class B................. 10.11 0.29 -- 0.04 0.33 Class C................. 10.11 0.29 -- 0.04 0.33 Class I................. 10.11 0.35 -- 0.04 0.39 Class Y................. 10.11 0.34 -- 0.04 0.38 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 10.09 0.22 -- 0.04 0.26 Class R4................ 10.09 0.23 -- 0.04 0.27 Class R5................ 10.09 0.35 -- (0.06) 0.29 For the Year Ended October 31, 2006 Class A................. 10.09 0.62 -- 0.02 0.64 Class B................. 10.08 0.54 -- 0.03 0.57 Class C................. 10.08 0.55 -- 0.03 0.58 Class Y................. 10.08 0.66 -- 0.02 0.68 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 10.11 0.12 -- -- 0.12 From (commencement of operations) April 29, 2005, through October 31, 2005 Class A................. 10.00 0.22 -- 0.08 0.30 Class B................. 10.00 0.19 -- 0.08 0.27 Class C................. 10.00 0.18 -- 0.09 0.27 Class Y................. 10.00 0.23 -- 0.08 0.31 THE HARTFORD FUNDAMENTAL GROWTH FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 11.02 (0.01) 0.04 1.00 1.03 Class B................. 10.66 (0.05) 0.04 0.97 0.96 Class C................. 10.67 (0.05) 0.04 0.96 0.95 Class Y................. 11.22 0.02 0.04 1.01 1.07 For the Year Ended October 31, 2006 Class A................. 10.26 0.02 -- 0.81 0.83 Class B................. 9.94 (0.06) -- 0.78 0.72 Class C................. 9.94 (0.07) -- 0.80 0.73 Class Y................. 10.44 0.04 -- 0.85 0.89 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD EQUITY INCOME FUND -- (CONTINUED) From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. $ (0.07) $ -- $ -- $ (0.07) $ 0.47 $13.99 For the Year Ended October 31, 2005 Class A................. (0.26) (0.02) -- (0.28) 0.81 12.09 Class B................. (0.16) (0.02) -- (0.18) 0.81 12.07 Class C................. (0.18) (0.02) -- (0.20) 0.81 12.08 Class Y................. (0.31) (0.02) -- (0.33) 0.82 12.15 For the Year Ended October 31, 2004 Class A................. (0.20) -- -- (0.20) 0.91 11.28 Class B................. (0.12) -- -- (0.12) 0.90 11.26 Class C................. (0.13) -- -- (0.13) 0.91 11.27 Class Y................. (0.25) -- -- (0.25) 0.94 11.33 From inception August 28, 2003, through October 31, 2003 Class A................. -- -- -- -- 0.37 10.37 Class B................. -- -- -- -- 0.36 10.36 Class C................. -- -- -- -- 0.36 10.36 Class Y................. -- -- -- -- 0.39 10.39 THE HARTFORD FLOATING RATE FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.34) -- -- (0.34) 0.04 10.15 Class B................. (0.30) -- -- (0.30) 0.03 10.14 Class C................. (0.30) -- -- (0.30) 0.03 10.14 Class I................. (0.35) -- -- (0.35) 0.04 10.15 Class Y................. (0.35) -- -- (0.35) 0.03 10.14 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ (0.21) -- -- (0.21) 0.05 10.14 Class R4................ (0.22) -- -- (0.22) 0.05 10.14 Class R5................ (0.23) -- -- (0.23) 0.06 10.15 For the Year Ended October 31, 2006 Class A................. (0.62) -- -- (0.62) 0.02 10.11 Class B................. (0.54) -- -- (0.54) 0.03 10.11 Class C................. (0.55) -- -- (0.55) 0.03 10.11 Class Y................. (0.65) -- -- (0.65) 0.03 10.11 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. (0.12) -- -- (0.12) -- 10.11 From (commencement of operations) April 29, 2005, through October 31, 2005 Class A................. (0.21) -- -- (0.21) 0.09 10.09 Class B................. (0.19) -- -- (0.19) 0.08 10.08 Class C................. (0.19) -- -- (0.19) 0.08 10.08 Class Y................. (0.23) -- -- (0.23) 0.08 10.08 THE HARTFORD FUNDAMENTAL GROWTH FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. -- -- -- -- 1.03 12.05 Class B................. -- -- -- -- 0.96 11.62 Class C................. -- -- -- -- 0.95 11.62 Class Y................. -- -- -- -- 1.07 12.29 For the Year Ended October 31, 2006 Class A................. (0.07) -- -- (0.07) 0.76 11.02 Class B................. -- -- -- -- 0.72 10.66 Class C................. -- -- -- -- 0.73 10.67 Class Y................. (0.11) -- -- (0.11) 0.78 11.22 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD EQUITY INCOME FUND -- (CONTINUED) From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 4.05%(f) $ 106 1.37%(e) 0.80%(e) 0.80%(e) 1.32%(e) -- For the Year Ended October 31, 2005 Class A................. 9.74 379,604 1.34 0.51 0.51 2.41 23% Class B................. 8.84 33,989 2.18 1.38 1.38 1.53 -- Class C................. 9.00 53,435 2.03 1.23 1.23 1.70 -- Class Y................. 10.22 784 0.91 0.11 0.11 2.79 -- For the Year Ended October 31, 2004 Class A................. 10.82 211,826 1.40 0.56 0.56 2.26 22 Class B................. 9.93 18,438 2.20 1.37 1.37 1.46 -- Class C................. 10.12 44,043 2.02 1.19 1.19 1.64 -- Class Y................. 11.53 375 0.91 0.11 0.11 2.73 -- From inception August 28, 2003, through October 31, 2003 Class A................. 3.70(f) 26,649 1.53(e) 0.73(e) 0.73(e) 1.81(e) 1 Class B................. 3.60(f) 2,421 2.27(e) 1.47(e) 1.47(e) 1.10(e) -- Class C................. 3.60(f) 7,639 2.15(e) 1.35(e) 1.35(e) 1.23(e) -- Class Y................. 3.90(f) 104 0.93(e) 0.13(e) 0.13(e) 2.17(e) -- THE HARTFORD FLOATING RATE FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 3.78(f) 2,245,722 0.93(e) 0.93(e) 0.93(e) 6.65(e) 17 Class B................. 3.28(f) 62,419 1.77(e) 1.75(e) 1.75(e) 5.83(e) -- Class C................. 3.32(f) 1,602,837 1.71(e) 1.71(e) 1.71(e) 5.89(e) -- Class I................. 3.95(f) 483,131 0.68(e) 0.68(e) 0.68(e) 6.96(e) -- Class Y................. 3.83(f) 77,309 0.65(e) 0.65(e) 0.65(e) 6.94(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 3.62(f) 35 1.52(e) 1.25(e) 1.25(e) 6.38(e) -- Class R4................ 3.70(f) 10 1.22(e) 0.97(e) 0.97(e) 6.57(e) -- Class R5................ 3.88(f) 10 0.88(e) 0.85(e) 0.85(e) 6.57(e) -- For the Year Ended October 31, 2006 Class A................. 6.56 1,500,394 0.98 0.50 0.50 6.71 33 Class B................. 5.79 42,182 1.83 1.35 1.35 5.84 -- Class C................. 5.86 828,910 1.77 1.28 1.28 5.93 -- Class Y................. 7.00 50,896 0.65 0.15 0.15 6.89 -- From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 1.21(f) 61,805 0.74(e) 0.43(e) 0.43(e) 7.99(e) -- From (commencement of operations) April 29, 2005, through October 31, 2005 Class A................. 3.06(f) 169,485 1.03(e) 0.29(e) 0.29(e) 5.68(e) 15 Class B................. 2.66(f) 5,659 1.89(e) 1.04(e) 1.04(e) 4.91(e) -- Class C................. 2.67(f) 92,710 1.79(e) 1.02(e) 1.02(e) 5.03(e) -- Class Y................. 3.10(f) 10,062 0.73(e) 0.01(e) 0.01(e) 6.06(e) -- THE HARTFORD FUNDAMENTAL GROWTH FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 9.35(f)(i) 37,240 1.56(e) 1.45(e) 1.45(e) (0.13)(e) 108 Class B................. 9.01(f)(i) 12,634 2.35(e) 2.20(e) 2.20(e) (0.88)(e) -- Class C................. 8.90(f)(i) 12,169 2.28(e) 2.20(e) 2.20(e) (0.88)(e) -- Class Y................. 9.54(f)(i) 355 1.06(e) 1.05(e) 1.05(e) 0.31(e) -- For the Year Ended October 31, 2006 Class A................. 8.07 40,215 1.68 1.50 1.50 0.14 123 Class B................. 7.24 13,162 2.47 2.25 2.25 (0.61) -- Class C................. 7.34 13,065 2.39 2.25 2.25 (0.61) -- Class Y................. 8.57 487 1.18 1.07 1.07 0.56 --
The accompanying notes are an integral part of these financial statements. 352 - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD FUNDAMENTAL GROWTH FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. $ 9.14 $ 0.08 $ -- $ 1.04 $ 1.12 Class B................. 8.92 (0.01) -- 1.03 1.02 Class C................. 8.92 (0.01) -- 1.03 1.02 Class Y................. 9.28 0.13 -- 1.06 1.19 For the Year Ended October 31, 2004 Class A................. 8.94 (0.02) -- 0.22 0.20 Class B................. 8.79 (0.10) -- 0.23 0.13 Class C................. 8.78 (0.08) 0.01 0.23 0.16 Class Y................. 9.04 0.03 -- 0.21 0.24 For the Year Ended October 31, 2003 Class A................. 7.32 (0.02) -- 1.64 1.62 Class B................. 7.25 (0.08) -- 1.62 1.54 Class C................. 7.24 (0.08) -- 1.62 1.54 Class Y................. 7.37 0.01 -- 1.66 1.67 For the Year Ended October 31, 2002(h) Class A................. 8.82 (0.05) -- (1.45) (1.50) Class B................. 8.79 (0.12) -- (1.42) (1.54) Class C................. 8.79 (0.12) -- (1.43) (1.55) Class Y................. 8.83 -- -- (1.46) (1.46) THE HARTFORD GLOBAL COMMUNICATIONS FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 8.05 0.03 -- 1.17 1.20 Class B................. 7.81 -- -- 1.14 1.14 Class C................. 7.80 0.01 -- 1.13 1.14 Class Y................. 8.23 0.07 -- 1.18 1.25 For the Year Ended October 31, 2006 Class A................. 7.12 0.15 -- 0.88 1.03 Class B................. 6.92 0.09 -- 0.87 0.96 Class C................. 6.91 0.06 -- 0.88 0.94 Class Y................. 7.27 0.17 -- 0.92 1.09 For the Year Ended October 31, 2005 Class A................. 5.48 0.09 -- 1.60 1.69 Class B................. 5.34 0.05 -- 1.55 1.60 Class C................. 5.33 0.05 -- 1.55 1.60 Class Y................. 5.60 0.02 -- 1.73 1.75 For the Year Ended October 31, 2004(h) Class A................. 4.67 0.06 -- 0.75 0.81 Class B................. 4.58 0.02 -- 0.74 0.76 Class C................. 4.57 0.02 -- 0.74 0.76 Class Y................. 4.74 0.09 -- 0.77 0.86 For the Year Ended October 31, 2003 Class A................. 3.24 (0.01) -- 1.44 1.43 Class B................. 3.19 (0.03) -- 1.42 1.39 Class C................. 3.19 (0.03) -- 1.41 1.38 Class Y................. 3.26 0.01 -- 1.47 1.48 For the Year Ended October 31, 2002(h) Class A................. 4.57 -- -- (1.33) (1.33) Class B................. 4.54 (0.04) -- (1.31) (1.35) Class C................. 4.54 (0.04) -- (1.31) (1.35) Class Y................. 4.60 -- -- (1.34) (1.34) -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD FUNDAMENTAL GROWTH FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. $ -- $ -- $ -- $ -- $ 1.12 $10.26 Class B................. -- -- -- -- 1.02 9.94 Class C................. -- -- -- -- 1.02 9.94 Class Y................. (0.03) -- -- (0.03) 1.16 10.44 For the Year Ended October 31, 2004 Class A................. -- -- -- -- 0.20 9.14 Class B................. -- -- -- -- 0.13 8.92 Class C................. -- -- -- -- 0.16 8.94 Class Y................. -- -- -- -- 0.24 9.28 For the Year Ended October 31, 2003 Class A................. -- -- -- -- 1.62 8.94 Class B................. -- -- -- -- 1.54 8.79 Class C................. -- -- -- -- 1.54 8.78 Class Y................. -- -- -- -- 1.67 9.04 For the Year Ended October 31, 2002(h) Class A................. -- -- -- -- (1.50) 7.32 Class B................. -- -- -- -- (1.54) 7.25 Class C................. -- -- -- -- (1.55) 7.24 Class Y................. -- -- -- -- (1.46) 7.37 THE HARTFORD GLOBAL COMMUNICATIONS FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.13) (0.02) -- (0.15) 1.05 9.10 Class B................. (0.11) (0.02) -- (0.13) 1.01 8.82 Class C................. (0.11) (0.02) -- (0.13) 1.01 8.81 Class Y................. (0.18) (0.02) -- (0.20) 1.05 9.28 For the Year Ended October 31, 2006 Class A................. (0.10) -- -- (0.10) 0.93 8.05 Class B................. (0.07) -- -- (0.07) 0.89 7.81 Class C................. (0.05) -- -- (0.05) 0.89 7.80 Class Y................. (0.13) -- -- (0.13) 0.96 8.23 For the Year Ended October 31, 2005 Class A................. (0.05) -- -- (0.05) 1.64 7.12 Class B................. (0.02) -- -- (0.02) 1.58 6.92 Class C................. (0.02) -- -- (0.02) 1.58 6.91 Class Y................. (0.08) -- -- (0.08) 1.67 7.27 For the Year Ended October 31, 2004(h) Class A................. -- -- -- -- 0.81 5.48 Class B................. -- -- -- -- 0.76 5.34 Class C................. -- -- -- -- 0.76 5.33 Class Y................. -- -- -- -- 0.86 5.60 For the Year Ended October 31, 2003 Class A................. -- -- -- -- 1.43 4.67 Class B................. -- -- -- -- 1.39 4.58 Class C................. -- -- -- -- 1.38 4.57 Class Y................. -- -- -- -- 1.48 4.74 For the Year Ended October 31, 2002(h) Class A................. -- -- -- -- (1.33) 3.24 Class B................. -- -- -- -- (1.35) 3.19 Class C................. -- -- -- -- (1.35) 3.19 Class Y................. -- -- -- -- (1.34) 3.26 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD FUNDAMENTAL GROWTH FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. 12.31% $ 50,067 1.65% 1.60%(i) 1.60%(i) 0.68% 112% Class B................. 11.44 15,156 2.45 2.35(i) 2.35(i) (0.09) -- Class C................. 11.44 16,737 2.36 2.35(i) 2.35(i) (0.05) -- Class Y................. 12.86 473 1.16 1.16(i) 1.16(i) 1.27 -- For the Year Ended October 31, 2004 Class A................. 2.24(i) 67,212 1.62 1.62(i) 1.62(i) (0.25) 104 Class B................. 1.48(i) 18,610 2.36 2.35(i) 2.35(i) (0.98) -- Class C................. 1.59(i) 23,901 2.28 2.28(i) 2.28(i) (0.91) -- Class Y................. 2.65 815 1.11 1.11(i) 1.11(i) 0.27 -- For the Year Ended October 31, 2003 Class A................. 22.13 70,002 1.76 1.65 1.65 (0.29) 138 Class B................. 21.24 21,058 2.49 2.35 2.35 (1.00) -- Class C................. 21.27 27,158 2.36 2.35 2.35 (0.99) -- Class Y................. 22.66 719 1.17 1.17 1.17 0.17 -- For the Year Ended October 31, 2002(h) Class A................. (17.01) 66,432 1.76 1.65 1.65 (0.53) 215 Class B................. (17.52) 18,862 2.43 2.35 2.35 (1.23) -- Class C................. (17.63) 25,847 2.34 2.34 2.34 (1.22) -- Class Y................. (16.54) 509 1.14 1.14 1.14 0.09 -- THE HARTFORD GLOBAL COMMUNICATIONS FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 15.12(f)(i) 22,601 1.67(e) 1.60(e) 1.60(e) 0.81(e) 59 Class B................. 14.73(f)(i) 5,059 2.55(e) 2.28(e) 2.28(e) 0.12(e) -- Class C................. 14.78(f)(i) 7,309 2.40(e) 2.35(e) 2.35(e) 0.09(e) -- Class Y................. 15.35(f)(i) 1,271 1.15(e) 1.15(e) 1.15(e) 1.30(e) -- For the Year Ended October 31, 2006 Class A................. 14.60 17,091 1.89 1.15 1.15 1.83 104 Class B................. 13.93 4,124 2.87 1.78 1.78 1.18 -- Class C................. 13.74 5,321 2.74 1.90 1.90 1.01 -- Class Y................. 15.14 992 1.41 0.75 0.75 2.09 -- For the Year Ended October 31, 2005 Class A................. 31.01 15,986 2.01 1.51 1.51 1.75 45 Class B................. 29.92 2,815 3.22 2.26 2.26 1.02 -- Class C................. 29.97 2,765 2.94 2.25 2.25 1.08 -- Class Y................. 31.36 638 1.36 1.06 1.06 2.10 -- For the Year Ended October 31, 2004(h) Class A................. 17.34 8,929 1.93 1.65 1.65 1.08 85 Class B................. 16.59 1,482 3.32 2.35 2.35 0.37 -- Class C................. 16.63 1,306 2.97 2.35 2.35 0.43 -- Class Y................. 18.14 170 1.30 1.20 1.20 1.69 -- For the Year Ended October 31, 2003 Class A................. 44.14 6,419 1.95 1.65 1.65 (0.08) 100 Class B................. 43.57 1,555 2.68 2.35 2.35 (0.79) -- Class C................. 43.26 1,305 2.55 2.35 2.35 (0.77) -- Class Y................. 45.40 724 1.35 1.20 1.20 0.38 -- For the Year Ended October 31, 2002(h) Class A................. (29.10) 3,506 2.03 1.65 1.65 (0.10) 84 Class B................. (29.74) 846 2.70 2.35 2.35 (0.80) -- Class C................. (29.74) 736 2.57 2.35 2.35 (0.78) -- Class Y................. (29.13) 481 1.27 1.20 1.20 0.40 --
353 HARTFORD MUTUAL FUNDS, INC. AND HARTFORD MUTUAL FUNDS II, INC. FINANCIAL HIGHLIGHTS -- (CONTINUED) - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD GLOBAL FINANCIAL SERVICES FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. $14.01 $ 0.09 $ -- $ 1.08 $ 1.17 Class B................. 13.74 0.04 -- 1.06 1.10 Class C................. 13.73 0.03 -- 1.06 1.09 Class Y................. 14.16 0.10 -- 1.12 1.22 For the Year Ended October 31, 2006 Class A................. 11.60 0.12 -- 2.40 2.52 Class B................. 11.39 0.08 -- 2.31 2.39 Class C................. 11.39 0.05 -- 2.32 2.37 Class Y................. 11.73 0.19 -- 2.40 2.59 For the Year Ended October 31, 2005 Class A................. 10.44 0.11 -- 1.18 1.29 Class B................. 10.26 0.01 -- 1.18 1.19 Class C................. 10.26 0.02 -- 1.17 1.19 Class Y................. 10.55 0.12 -- 1.24 1.36 For the Year Ended October 31, 2004(h) Class A................. 9.71 0.12 -- 0.69 0.81 Class B................. 9.55 0.05 -- 0.69 0.74 Class C................. 9.55 0.05 -- 0.69 0.74 Class Y................. 9.79 0.17 -- 0.71 0.88 For the Year Ended October 31, 2003 Class A................. 8.03 0.07 -- 1.65 1.72 Class B................. 7.92 0.02 -- 1.61 1.63 Class C................. 7.92 0.02 -- 1.61 1.63 Class Y................. 8.10 0.13 -- 1.64 1.77 For the Year Ended October 31, 2002(h) Class A................. 9.37 0.04 -- (1.38) (1.34) Class B................. 9.30 (0.02) -- (1.36) (1.38) Class C................. 9.30 (0.02) -- (1.36) (1.38) Class Y................. 9.41 0.08 -- (1.39) (1.31) THE HARTFORD GLOBAL HEALTH FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 17.84 (0.02) -- 1.55 1.53 Class B................. 16.92 (0.10) -- 1.47 1.37 Class C................. 16.93 (0.07) -- 1.45 1.38 Class I................. 17.86 0.01 -- 1.59 1.60 Class Y................. 18.57 0.02 -- 1.62 1.64 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 18.27 (0.02) -- 1.22 1.20 Class R4................ 18.27 (0.01) -- 1.23 1.22 Class R5................ 18.27 0.01 -- 1.23 1.24 For the Year Ended October 31, 2006 Class A................. 16.50 (0.07) -- 2.41 2.34 Class B................. 15.81 (0.20) -- 2.31 2.11 Class C................. 15.81 (0.18) -- 2.30 2.12 Class Y................. 17.05 (0.01) -- 2.53 2.52 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 17.34 -- -- 0.52 0.52 For the Year Ended October 31, 2005 Class A................. 15.00 (0.08) -- 2.35 2.27 Class B................. 14.50 (0.20) -- 2.28 2.08 Class C................. 14.51 (0.19) -- 2.26 2.07 Class Y................. 15.41 (0.01) -- 2.42 2.41 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD GLOBAL FINANCIAL SERVICES FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. $ (0.11) $(0.85) $ -- $ (0.96) $ 0.21 $14.22 Class B................. (0.02) (0.85) -- (0.87) 0.23 13.97 Class C................. (0.04) (0.85) -- (0.89) 0.20 13.93 Class Y................. (0.15) (0.85) -- (1.00) 0.22 14.38 For the Year Ended October 31, 2006 Class A................. (0.11) -- -- (0.11) 2.41 14.01 Class B................. (0.04) -- -- (0.04) 2.35 13.74 Class C................. (0.03) -- -- (0.03) 2.34 13.73 Class Y................. (0.16) -- -- (0.16) 2.43 14.16 For the Year Ended October 31, 2005 Class A................. (0.13) -- -- (0.13) 1.16 11.60 Class B................. (0.06) -- -- (0.06) 1.13 11.39 Class C................. (0.06) -- -- (0.06) 1.13 11.39 Class Y................. (0.18) -- -- (0.18) 1.18 11.73 For the Year Ended October 31, 2004(h) Class A................. (0.08) -- -- (0.08) 0.73 10.44 Class B................. (0.03) -- -- (0.03) 0.71 10.26 Class C................. (0.03) -- -- (0.03) 0.71 10.26 Class Y................. (0.12) -- -- (0.12) 0.76 10.55 For the Year Ended October 31, 2003 Class A................. (0.04) -- -- (0.04) 1.68 9.71 Class B................. -- -- -- -- 1.63 9.55 Class C................. -- -- -- -- 1.63 9.55 Class Y................. (0.08) -- -- (0.08) 1.69 9.79 For the Year Ended October 31, 2002(h) Class A................. -- -- -- -- (1.34) 8.03 Class B................. -- -- -- -- (1.38) 7.92 Class C................. -- -- -- -- (1.38) 7.92 Class Y................. -- -- -- -- (1.31) 8.10 THE HARTFORD GLOBAL HEALTH FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. -- (0.68) -- (0.68) 0.85 18.69 Class B................. -- (0.68) -- (0.68) 0.69 17.61 Class C................. -- (0.68) -- (0.68) 0.70 17.63 Class I................. -- (0.68) -- (0.68) 0.92 18.78 Class Y................. -- (0.68) -- (0.68) 0.96 19.53 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ -- -- -- -- 1.20 19.47 Class R4................ -- -- -- -- 1.22 19.49 Class R5................ -- -- -- -- 1.24 19.51 For the Year Ended October 31, 2006 Class A................. -- (1.00) -- (1.00) 1.34 17.84 Class B................. -- (1.00) -- (1.00) 1.11 16.92 Class C................. -- (1.00) -- (1.00) 1.12 16.93 Class Y................. -- (1.00) -- (1.00) 1.52 18.57 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. -- -- -- -- 0.52 17.86 For the Year Ended October 31, 2005 Class A................. -- (0.77) -- (0.77) 1.50 16.50 Class B................. -- (0.77) -- (0.77) 1.31 15.81 Class C................. -- (0.77) -- (0.77) 1.30 15.81 Class Y................. -- (0.77) -- (0.77) 1.64 17.05 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD GLOBAL FINANCIAL SERVICES FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 8.88%(f)(i) $ 23,529 1.60%(e) 1.60%(e) 1.60%(e) 1.29%(e) 49% Class B................. 8.53(f)(i) 4,118 2.60(e) 2.21(e) 2.21(e) 0.63(e) -- Class C................. 8.43(f)(i) 5,183 2.42(e) 2.35(e) 2.35(e) 0.54(e) -- Class Y................. 9.14(f)(i) 1,556 1.13(e) 1.13(e) 1.13(e) 1.87(e) -- For the Year Ended October 31, 2006 Class A................. 21.87 21,369 1.80 1.15 1.15 1.11 52 Class B................. 21.06 3,828 2.81 1.78 1.78 0.49 -- Class C................. 20.88 4,082 2.65 1.90 1.90 0.35 -- Class Y................. 22.24 942 1.34 0.75 0.75 1.52 -- For the Year Ended October 31, 2005 Class A................. 12.39 13,958 1.88 1.51 1.51 0.91 33 Class B................. 11.58 3,147 2.91 2.28 2.28 0.15 -- Class C................. 11.58 2,769 2.77 2.27 2.27 0.16 -- Class Y................. 12.91 773 1.36 1.09 1.09 1.30 -- For the Year Ended October 31, 2004(h) Class A................. 8.42 12,910 1.78 1.65 1.65 1.17 85 Class B................. 7.71 3,043 2.80 2.35 2.35 0.44 -- Class C................. 7.71 2,459 2.68 2.35 2.35 0.44 -- Class Y................. 9.06 642 1.27 1.20 1.20 1.54 -- For the Year Ended October 31, 2003 Class A................. 21.48 12,652 1.90 1.65 1.65 0.93 93 Class B................. 20.58 3,681 2.62 2.35 2.35 0.22 -- Class C................. 20.58 3,197 2.50 2.35 2.35 0.23 -- Class Y................. 22.01 1,580 1.31 1.20 1.20 1.38 -- For the Year Ended October 31, 2002(h) Class A................. (14.30) 9,739 1.98 1.65 1.65 0.51 76 Class B................. (14.84) 2,755 2.68 2.35 2.35 (0.20) -- Class C................. (14.84) 2,548 2.54 2.35 2.35 (0.20) -- Class Y................. (13.92) 1,435 1.25 1.20 1.20 0.96 -- THE HARTFORD GLOBAL HEALTH FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 9.03(f)(i) 472,439 1.41(e) 1.41(e) 1.41(e) (0.24)(e) 20 Class B................. 8.55(f)(i) 84,540 2.31(e) 2.29(e) 2.29(e) (1.14)(e) -- Class C................. 8.61(f)(i) 122,580 2.15(e) 2.15(e) 2.15(e) (0.97)(e) -- Class I................. 9.43(f)(i) 4,490 1.05(e) 1.05(e) 1.05(e) 0.10(e) -- Class Y................. 9.28(f)(i) 210,853 0.95(e) 0.95(e) 0.95(e) 0.21(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 8.94(f) 22 1.93(e) 1.86(e) 1.86(e) (0.50)(e) -- Class R4................ 9.05(f) 11 1.55(e) 1.53(e) 1.53(e) (0.18)(e) -- Class R5................ 9.16(f) 11 1.25(e) 1.24(e) 1.24(e) 0.09(e) -- For the Year Ended October 31, 2006 Class A................. 14.96 370,285 1.61 1.60 1.60 (0.53) 30 Class B................. 14.10 80,574 2.45 2.32 2.32 (1.27) -- Class C................. 14.17 97,956 2.31 2.31 2.31 (1.25) -- Class Y................. 15.56 192,814 1.08 1.08 1.08 (0.03) -- From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 3.00(f) 785 1.26(e) 1.15(e) 1.15(e) (0.20)(e) -- For the Year Ended October 31, 2005 Class A................. 15.67 209,835 1.71 1.60 1.60 (0.55) 50 Class B................. 14.86 71,204 2.52 2.35 2.35 (1.30) -- Class C................. 14.78 72,546 2.36 2.35 2.35 (1.30) -- Class Y................. 16.19 169,698 1.08 1.08 1.08 (0.12) --
The accompanying notes are an integral part of these financial statements. 354 - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD GLOBAL HEALTH FUND -- (CONTINUED) For the Year Ended October 31, 2004 Class A................. $13.80 $ (0.10) $ -- $ 1.36 $ 1.26 Class B................. 13.43 (0.20) -- 1.33 1.13 Class C................. 13.44 (0.20) -- 1.33 1.13 Class Y................. 14.09 (0.02) -- 1.40 1.38 For the Year Ended October 31, 2003 Class A................. 11.42 (0.07) -- 2.75 2.68 Class B................. 11.20 (0.15) -- 2.68 2.53 Class C................. 11.21 (0.15) -- 2.68 2.53 Class Y................. 11.61 (0.02) -- 2.80 2.78 For the Year Ended October 31, 2002(h) Class A................. 13.47 (0.09) -- (1.68) (1.77) Class B................. 13.31 (0.18) -- (1.65) (1.83) Class C................. 13.32 (0.18) -- (1.65) (1.83) Class Y................. 13.58 (0.02) -- (1.67) (1.69) THE HARTFORD GLOBAL LEADERS FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 19.35 (0.06) 0.05 1.74 1.73 Class B................. 18.23 (0.14) 0.05 1.65 1.56 Class C................. 18.31 (0.13) 0.05 1.65 1.57 Class Y................. 20.14 -- 0.05 1.82 1.87 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 20.00 (0.06) -- 1.03 0.97 Class R4................ 20.00 (0.04) -- 1.03 0.99 Class R5................ 20.00 (0.02) -- 1.03 1.01 For the Year Ended October 31, 2006(h) Class A................. 16.80 (0.05) -- 2.81 2.76 Class B................. 15.93 (0.17) -- 2.66 2.49 Class C................. 16.01 (0.17) -- 2.66 2.49 Class Y................. 17.46 0.06 -- 2.91 2.97 For the Year Ended October 31, 2005 Class A................. 16.49 0.08 -- 0.23 0.31 Class B................. 15.77 (0.08) -- 0.24 0.16 Class C................. 15.84 (0.06) -- 0.23 0.17 Class Y................. 17.06 0.13 -- 0.27 0.40 For the Year Ended October 31, 2004 Class A................. 13.96 (0.06) -- 2.59 2.53 Class B................. 13.45 (0.17) -- 2.49 2.32 Class C................. 13.49 (0.15) -- 2.50 2.35 Class Y................. 14.34 0.03 -- 2.69 2.72 For the Year Ended October 31, 2003 Class A................. 11.21 (0.03) -- 2.78 2.75 Class B................. 10.88 (0.12) -- 2.69 2.57 Class C................. 10.90 (0.11) -- 2.70 2.59 Class Y................. 11.45 0.03 -- 2.86 2.89 For the Year Ended October 31, 2002(h) Class A................. 12.83 0.02 -- (1.64) (1.62) Class B................. 12.54 (0.07) -- (1.59) (1.66) Class C................. 12.55 (0.06) -- (1.59) (1.65) Class Y................. 13.03 0.05 -- (1.63) (1.58) -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD GLOBAL HEALTH FUND -- (CONTINUED) For the Year Ended October 31, 2004 Class A................. $ -- $(0.06) $ -- $ (0.06) $ 1.20 $15.00 Class B................. -- (0.06) -- (0.06) 1.07 14.50 Class C................. -- (0.06) -- (0.06) 1.07 14.51 Class Y................. -- (0.06) -- (0.06) 1.32 15.41 For the Year Ended October 31, 2003 Class A................. -- (0.30) -- (0.30) 2.38 13.80 Class B................. -- (0.30) -- (0.30) 2.23 13.43 Class C................. -- (0.30) -- (0.30) 2.23 13.44 Class Y................. -- (0.30) -- (0.30) 2.48 14.09 For the Year Ended October 31, 2002(h) Class A................. -- (0.28) -- (0.28) (2.05) 11.42 Class B................. -- (0.28) -- (0.28) (2.11) 11.20 Class C................. -- (0.28) -- (0.28) (2.11) 11.21 Class Y................. -- (0.28) -- (0.28) (1.97) 11.61 THE HARTFORD GLOBAL LEADERS FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. -- (0.98) -- (0.98) 0.75 20.10 Class B................. -- (0.98) -- (0.98) 0.58 18.81 Class C................. -- (0.98) -- (0.98) 0.59 18.90 Class Y................. -- (0.98) -- (0.98) 0.89 21.03 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ -- -- -- -- 0.97 20.97 Class R4................ -- -- -- -- 0.99 20.99 Class R5................ -- -- -- -- 1.01 21.01 For the Year Ended October 31, 2006(h) Class A................. (0.02) (0.19) -- (0.21) 2.55 19.35 Class B................. -- (0.19) -- (0.19) 2.30 18.23 Class C................. -- (0.19) -- (0.19) 2.30 18.31 Class Y................. (0.10) (0.19) -- (0.29) 2.68 20.14 For the Year Ended October 31, 2005 Class A................. -- -- -- -- 0.31 16.80 Class B................. -- -- -- -- 0.16 15.93 Class C................. -- -- -- -- 0.17 16.01 Class Y................. -- -- -- -- 0.40 17.46 For the Year Ended October 31, 2004 Class A................. -- -- -- -- 2.53 16.49 Class B................. -- -- -- -- 2.32 15.77 Class C................. -- -- -- -- 2.35 15.84 Class Y................. -- -- -- -- 2.72 17.06 For the Year Ended October 31, 2003 Class A................. -- -- -- -- 2.75 13.96 Class B................. -- -- -- -- 2.57 13.45 Class C................. -- -- -- -- 2.59 13.49 Class Y................. -- -- -- -- 2.89 14.34 For the Year Ended October 31, 2002(h) Class A................. -- -- -- -- (1.62) 11.21 Class B................. -- -- -- -- (1.66) 10.88 Class C................. -- -- -- -- (1.65) 10.90 Class Y................. -- -- -- -- (1.58) 11.45 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD GLOBAL HEALTH FUND -- (CONTINUED) For the Year Ended October 31, 2004 Class A................. 9.21% $ 170,672 1.81% 1.65% 1.65% (0.68)% 41% Class B................. 8.49 66,035 2.55 2.35 2.35 (1.38) -- Class C................. 8.49 61,390 2.37 2.35 2.35 (1.38) -- Class Y................. 9.88 1,299 1.12 1.12 1.12 (0.14) -- For the Year Ended October 31, 2003 Class A................. 24.02 126,630 1.76 1.65 1.65 (0.62) 37 Class B................. 23.13 56,378 2.49 2.35 2.35 (1.31) -- Class C................. 23.11 51,606 2.36 2.35 2.35 (1.31) -- Class Y................. 24.50 1,095 1.19 1.19 1.19 (0.15) -- For the Year Ended October 31, 2002(h) Class A................. (13.43) 101,881 1.79 1.65 1.65 (0.70) 63 Class B................. (14.05) 45,659 2.48 2.35 2.35 (1.40) -- Class C................. (14.08) 43,042 2.35 2.35 2.35 (1.40) -- Class Y................. (12.68) 881 1.17 1.17 1.17 (0.22) -- THE HARTFORD GLOBAL LEADERS FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 9.35(f)(i) 423,247 1.50(e) 1.48(e) 1.48(e) (0.64)(e) 50 Class B................. 8.97(f)(i) 71,955 2.43(e) 2.15(e) 2.15(e) (1.32)(e) -- Class C................. 8.99(f)(i) 65,711 2.17(e) 2.17(e) 2.17(e) (1.33)(e) -- Class Y................. 9.69(f)(i) 193,187 0.90(e) 0.90(e) 0.90(e) (0.02)(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 9.38(f) 10 1.79(e) 1.72(e) 1.72(e) (0.97)(e) -- Class R4................ 9.48(f) 10 1.48(e) 1.41(e) 1.41(e) (0.66)(e) -- Class R5................ 9.59(f) 11 1.19(e) 1.12(e) 1.12(e) (0.37)(e) -- For the Year Ended October 31, 2006(h) Class A................. 16.58 417,840 1.53 1.48 1.48 (0.25) 125 Class B................. 15.80 74,805 2.44 2.18 2.18 (0.95) -- Class C................. 15.72 66,121 2.20 2.20 2.20 (0.98) -- Class Y................. 17.25 169,270 0.93 0.93 0.93 0.31 -- For the Year Ended October 31, 2005 Class A................. 1.88 419,648 1.58 1.48 1.48 0.41 270 Class B................. 1.02 78,986 2.51 2.35 2.35 (0.45) -- Class C................. 1.07 71,623 2.25 2.25 2.25 (0.34) -- Class Y................. 2.34 83,896 0.97 0.97 0.97 0.87 -- For the Year Ended October 31, 2004 Class A................. 18.12 466,013 1.62 1.62 1.62 (0.36) 271 Class B................. 17.25 90,179 2.52 2.35 2.35 (1.09) -- Class C................. 17.42 87,518 2.24 2.24 2.24 (0.98) -- Class Y................. 18.97 58,791 0.93 0.93 0.93 0.31 -- For the Year Ended October 31, 2003 Class A................. 24.53 464,610 1.62 1.61 1.61 (0.29) 320 Class B................. 23.62 78,923 2.36 2.35 2.35 (1.01) -- Class C................. 23.76 78,303 2.23 2.23 2.23 (0.89) -- Class Y................. 25.24 19,043 1.00 1.00 1.00 0.28 -- For the Year Ended October 31, 2002(h) Class A................. (12.63) 354,407 1.66 1.61 1.61 0.24 323 Class B................. (13.24) 70,280 2.33 2.33 2.33 (0.48) -- Class C................. (13.15) 75,174 2.21 2.21 2.21 (0.36) -- Class Y................. (12.13) 6,167 1.00 1.00 1.00 0.84 --
355 HARTFORD MUTUAL FUNDS, INC. AND HARTFORD MUTUAL FUNDS II, INC. FINANCIAL HIGHLIGHTS -- (CONTINUED) - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD GLOBAL TECHNOLOGY FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. $ 5.67 $ (0.03) $ -- $ 0.47 $ 0.44 Class B................. 5.41 (0.04) -- 0.43 0.39 Class C................. 5.40 (0.05) -- 0.43 0.38 Class Y................. 5.82 (0.02) -- 0.48 0.46 For the Year Ended October 31, 2006 Class A................. 4.97 (0.04) -- 0.74 0.70 Class B................. 4.77 (0.08) -- 0.72 0.64 Class C................. 4.77 (0.09) -- 0.72 0.63 Class Y................. 5.09 (0.03) -- 0.76 0.73 For the Year Ended October 31, 2005 Class A................. 4.42 -- -- 0.55 0.55 Class B................. 4.28 (0.04) -- 0.53 0.49 Class C................. 4.28 (0.04) -- 0.53 0.49 Class Y................. 4.51 0.03 -- 0.55 0.58 For the Year Ended October 31, 2004 Class A................. 4.68 (0.07) -- (0.19) (0.26) Class B................. 4.56 (0.10) -- (0.18) (0.28) Class C................. 4.56 (0.11) -- (0.17) (0.28) Class Y................. 4.75 (0.04) -- (0.20) (0.24) For the Year Ended October 31, 2003 Class A................. 2.98 (0.04) -- 1.74 1.70 Class B................. 2.92 (0.06) -- 1.70 1.64 Class C................. 2.92 (0.06) -- 1.70 1.64 Class Y................. 3.01 (0.03) -- 1.77 1.74 For the Year Ended October 31, 2002(f) Class A................. 4.01 (0.12) -- (0.91) (1.03) Class B................. 3.96 (0.18) -- (0.86) (1.04) Class C................. 3.97 (0.19) -- (0.86) (1.05) Class Y................. 4.04 (0.14) -- (0.89) (1.03) THE HARTFORD GROWTH ALLOCATION FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 12.66 0.10 -- 0.99 1.09 Class B................. 12.57 0.05 -- 0.99 1.04 Class C................. 12.57 0.05 -- 0.98 1.03 Class I................. 12.67 0.21 -- 0.89 1.10 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 12.59 (0.02) -- 0.64 0.62 Class R4................ 12.59 (0.01) -- 0.65 0.64 Class R5................ 12.59 -- -- 0.65 0.65 For the Year Ended October 31, 2006 Class A................. 11.27 0.07 -- 1.46 1.53 Class B................. 11.19 0.03 -- 1.42 1.45 Class C................. 11.19 0.03 -- 1.42 1.45 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 12.16 (0.01) -- 0.52 0.51 For the Year Ended October 31, 2005 Class A................. 10.36 0.05 -- 0.89 0.94 Class B................. 10.34 (0.01) -- 0.87 0.86 Class C................. 10.33 (0.01) -- 0.88 0.87 From (commencement of operations) May 28, 2004, through October 31, 2004 Class A................. 10.00 -- -- 0.36 0.36 Class B................. 10.00 (0.01) -- 0.35 0.34 Class C................. 10.00 (0.01) -- 0.34 0.33 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD GLOBAL TECHNOLOGY FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. $ -- $ -- $ -- $ -- $ 0.44 $ 6.11 Class B................. -- -- -- -- 0.39 5.80 Class C................. -- -- -- -- 0.38 5.78 Class Y................. -- -- -- -- 0.46 6.28 For the Year Ended October 31, 2006 Class A................. -- -- -- -- 0.70 5.67 Class B................. -- -- -- -- 0.64 5.41 Class C................. -- -- -- -- 0.63 5.40 Class Y................. -- -- -- -- 0.73 5.82 For the Year Ended October 31, 2005 Class A................. -- -- -- -- 0.55 4.97 Class B................. -- -- -- -- 0.49 4.77 Class C................. -- -- -- -- 0.49 4.77 Class Y................. -- -- -- -- 0.58 5.09 For the Year Ended October 31, 2004 Class A................. -- -- -- -- (0.26) 4.42 Class B................. -- -- -- -- (0.28) 4.28 Class C................. -- -- -- -- (0.28) 4.28 Class Y................. -- -- -- -- (0.24) 4.51 For the Year Ended October 31, 2003 Class A................. -- -- -- -- 1.70 4.68 Class B................. -- -- -- -- 1.64 4.56 Class C................. -- -- -- -- 1.64 4.56 Class Y................. -- -- -- -- 1.74 4.75 For the Year Ended October 31, 2002(f) Class A................. -- -- -- -- (1.03) 2.98 Class B................. -- -- -- -- (1.04) 2.92 Class C................. -- -- -- -- (1.05) 2.92 Class Y................. -- -- -- -- (1.03) 3.01 THE HARTFORD GROWTH ALLOCATION FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.24) (0.28) -- (0.52) 0.57 13.23 Class B................. (0.17) (0.28) -- (0.45) 0.59 13.16 Class C................. (0.17) (0.28) -- (0.45) 0.58 13.15 Class I................. (0.30) (0.28) -- (0.58) 0.52 13.19 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ -- -- -- -- 0.62 13.21 Class R4................ -- -- -- -- 0.64 13.23 Class R5................ -- -- -- -- 0.65 13.24 For the Year Ended October 31, 2006 Class A................. (0.13) (0.01) -- (0.14) 1.39 12.66 Class B................. (0.06) (0.01) -- (0.07) 1.38 12.57 Class C................. (0.06) (0.01) -- (0.07) 1.38 12.57 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. -- -- -- -- 0.51 12.67 For the Year Ended October 31, 2005 Class A................. (0.03) -- -- (0.03) 0.91 11.27 Class B................. (0.01) -- -- (0.01) 0.85 11.19 Class C................. (0.01) -- -- (0.01) 0.86 11.19 From (commencement of operations) May 28, 2004, through October 31, 2004 Class A................. -- -- -- -- 0.36 10.36 Class B................. -- -- -- -- 0.34 10.34 Class C................. -- -- -- -- 0.33 10.33 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD GLOBAL TECHNOLOGY FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 7.76%(f)(i) $ 33,263 1.89%(e) 1.42%(e) 1.42%(e) (0.91)%(e) 60% Class B................. 7.21(f)(i) 12,864 2.79(e) 1.99(e) 1.99(e) (1.49)(e) -- Class C................. 7.04(f)(i) 12,218 2.50(e) 2.29(e) 2.29(e) (1.79)(e) -- Class Y................. 7.90(f)(i) 1,684 1.09(e) 1.09(e) 1.09(e) (0.62)(e) -- For the Year Ended October 31, 2006 Class A................. 14.08 33,424 2.10 1.36 1.36 (0.78) 144 Class B................. 13.42 12,729 2.96 1.99 1.99 (1.41) -- Class C................. 13.21 11,521 2.71 2.24 2.24 (1.67) -- Class Y................. 14.34 1,137 1.26 1.20 1.20 (0.62) -- For the Year Ended October 31, 2005 Class A................. 12.44 27,620 2.22 1.60 1.60 -- 132 Class B................. 11.45 12,409 3.05 2.35 2.35 (0.79) -- Class C................. 11.45 10,712 2.75 2.35 2.35 (0.65) -- Class Y................. 12.86 938 1.22 1.20 1.20 0.58 -- For the Year Ended October 31, 2004 Class A................. (5.56) 31,418 2.14 1.65 1.65 (1.37) 165 Class B................. (6.14) 12,978 2.96 2.35 2.35 (2.07) -- Class C................. (6.14) 13,891 2.62 2.35 2.35 (2.07) -- Class Y................. (5.05) 1,186 1.15 1.15 1.15 (0.85) -- For the Year Ended October 31, 2003 Class A................. 57.05 32,388 1.77 1.65 1.65 (1.28) 163 Class B................. 56.16 13,991 2.50 2.35 2.35 (1.98) -- Class C................. 56.16 16,513 2.37 2.35 2.35 (1.99) -- Class Y................. 57.81 886 1.18 1.18 1.18 (0.82) -- For the Year Ended October 31, 2002(f) Class A................. (25.69) 18,321 1.86 1.65 1.65 (1.44) 174 Class B................. (26.26) 8,170 2.54 2.35 2.35 (2.14) -- Class C................. (26.45) 9,560 2.39 2.35 2.35 (2.15) -- Class Y................. (25.50) 512 1.15 1.15 1.15 (0.97) -- THE HARTFORD GROWTH ALLOCATION FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 8.82(f) 443,505 0.59(e) 0.59(e) 0.59(e) 1.38(e) 44 Class B................. 8.43(f) 127,580 1.41(e) 1.29(e) 1.29(e) 0.70(e) -- Class C................. 8.39(f) 203,018 1.34(e) 1.28(e) 1.28(e) 0.75(e) -- Class I................. 8.97(f) 592 0.23(e) 0.23(e) 0.23(e) 0.67(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 8.65(f) 10 1.09(e) 0.96(e) 0.96(e) (0.53)(e) -- Class R4................ 8.82(f) 11 0.77(e) 0.65(e) 0.65(e) (0.22)(e) -- Class R5................ 8.90(f) 11 0.49(e) 0.35(e) 0.35(e) 0.08(e) -- For the Year Ended October 31, 2006 Class A................. 13.64 370,088 0.69 0.67 0.67 0.49 13 Class B................. 12.96 107,818 1.51 1.32 1.32 (0.15) -- Class C................. 12.96 181,434 1.44 1.32 1.32 (0.16) -- From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 4.19(f) 10 0.66(e) 0.42(e) 0.42(e) 0.16(e) -- For the Year Ended October 31, 2005 Class A................. 9.12 205,331 0.72 0.64 0.64 0.42 1 Class B................. 8.37 65,739 1.53 1.29 1.29 (0.23) -- Class C................. 8.47 100,339 1.47 1.29 1.29 (0.23) -- From (commencement of operations) May 28, 2004, through October 31, 2004 Class A................. 3.60(f) 43,279 0.72(e) 0.63(e) 0.63(e) 0.13(e) -- Class B................. 3.40(f) 14,177 1.52(e) 1.28(e) 1.28(e) (0.53)(e) -- Class C................. 3.30(f) 21,221 1.44(e) 1.28(e) 1.28(e) (0.52)(e) --
The accompanying notes are an integral part of these financial statements. 356 - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD GROWTH FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. $18.45 $ (0.03) $ -- $ 1.11 $ 1.08 Class B................. 16.25 (0.09) -- 0.97 0.88 Class C................. 16.29 (0.08) -- 0.97 0.89 Class I................. 18.46 0.01 -- 1.10 1.11 Class L(k).............. 18.69 (0.03) -- 1.15 1.12 Class Y................. 18.89 0.02 -- 1.13 1.15 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 18.15 (0.04) -- 0.58 0.54 Class R4................ 18.15 (0.02) -- 0.58 0.56 Class R5................ 18.15 -- -- 0.58 0.58 For the Year Ended October 31, 2006 Class A................. 17.32 (0.07) -- 1.20 1.13 Class B................. 15.38 (0.20) -- 1.07 0.87 Class C................. 15.40 (0.18) -- 1.07 0.89 Class L................. 17.50 (0.02) -- 1.21 1.19 Class Y................. 17.65 0.01 -- 1.23 1.24 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 17.64 -- -- 0.82 0.82 For the Year Ended October 31, 2005 Class A................. 16.19 (0.04) -- 1.17 1.13 Class B................. 14.49 (0.15) -- 1.04 0.89 Class C................. 14.50 (0.13) -- 1.03 0.90 Class L................. 16.32 0.01 -- 1.17 1.18 Class Y................. 16.42 0.01 -- 1.22 1.23 For the Year Ended October 31, 2004 Class A................. 15.19 (0.08) -- 1.08 1.00 Class B................. 13.70 (0.15) -- 0.94 0.79 Class C................. 13.70 (0.12) -- 0.92 0.80 Class L................. 15.26 (0.08) -- 1.14 1.06 Class Y................. 15.31 -- -- 1.11 1.11 For the Year Ended October 31, 2003 Class A................. 11.90 (0.03) -- 3.32 3.29 Class B................. 10.80 (0.07) -- 2.97 2.90 Class C................. 10.80 (0.07) -- 2.97 2.90 Class L................. 11.91 (0.05) -- 3.40 3.35 Class Y................. 11.94 (0.03) -- 3.40 3.37 For the Period February 19, 2002 through October 31, 2002 Class A................. 14.57 (0.02) -- (2.65) (2.67) Class B................. 13.28 (0.04) -- (2.44) (2.48) Class C................. 13.28 (0.04) -- (2.44) (2.48) Class Y................. 14.57 -- -- (2.63) (2.63) For the Year Ended October 31, 2002 Class L................. 14.23 (0.03) -- (2.29) (2.32) THE HARTFORD GROWTH OPPORTUNITIES FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 29.33 0.06 0.01 3.82 3.89 Class B................. 25.23 (0.05) 0.01 3.25 3.21 Class C................. 25.24 (0.05) 0.01 3.25 3.21 Class I................. 29.34 -- 0.01 3.93 3.94 Class L(l).............. 29.73 0.07 0.01 3.91 3.99 Class Y(l).............. 30.04 0.14 0.01 3.91 4.06 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD GROWTH FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. $ -- $(1.30) $ -- $ (1.30) $(0.22) $18.23 Class B................. -- (1.30) -- (1.30) (0.42) 15.83 Class C................. -- (1.30) -- (1.30) (0.41) 15.88 Class I................. -- (1.30) -- (1.30) (0.19) 18.27 Class L(k).............. -- (1.30) -- (1.30) (0.18) 18.51 Class Y................. -- (1.30) -- (1.30) (0.15) 18.74 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ -- -- -- -- 0.54 18.69 Class R4................ -- -- -- -- 0.56 18.71 Class R5................ -- -- -- -- 0.58 18.73 For the Year Ended October 31, 2006 Class A................. -- -- -- -- 1.13 18.45 Class B................. -- -- -- -- 0.87 16.25 Class C................. -- -- -- -- 0.89 16.29 Class L................. -- -- -- -- 1.19 18.69 Class Y................. -- -- -- -- 1.24 18.89 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. -- -- -- -- 0.82 18.46 For the Year Ended October 31, 2005 Class A................. -- -- -- -- 1.13 17.32 Class B................. -- -- -- -- 0.89 15.38 Class C................. -- -- -- -- 0.90 15.40 Class L................. -- -- -- -- 1.18 17.50 Class Y................. -- -- -- -- 1.23 17.65 For the Year Ended October 31, 2004 Class A................. -- -- -- -- 1.00 16.19 Class B................. -- -- -- -- 0.79 14.49 Class C................. -- -- -- -- 0.80 14.50 Class L................. -- -- -- -- 1.06 16.32 Class Y................. -- -- -- -- 1.11 16.42 For the Year Ended October 31, 2003 Class A................. -- -- -- -- 3.29 15.19 Class B................. -- -- -- -- 2.90 13.70 Class C................. -- -- -- -- 2.90 13.70 Class L................. -- -- -- -- 3.35 15.26 Class Y................. -- -- -- -- 3.37 15.31 For the Period February 19, 2002 through October 31, 2002 Class A................. -- -- -- -- (2.67) 11.90 Class B................. -- -- -- -- (2.48) 10.80 Class C................. -- -- -- -- (2.48) 10.80 Class Y................. -- -- -- -- (2.63) 11.94 For the Year Ended October 31, 2002 Class L................. -- -- -- -- (2.32) 11.91 THE HARTFORD GROWTH OPPORTUNITIES FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. -- (2.12) -- (2.12) 1.77 31.10 Class B................. -- (2.12) -- (2.12) 1.09 26.32 Class C................. -- (2.12) -- (2.12) 1.09 26.33 Class I................. -- (2.12) -- (2.12) 1.82 31.16 Class L(l).............. -- (2.12) -- (2.12) 1.87 31.60 Class Y(l).............. -- (2.12) -- (2.12) 1.94 31.98 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD GROWTH FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 6.31%(f)(i) $ 635,567 1.29%(e) 1.29%(e) 1.29%(e) (0.28)%(e) 46% Class B................. 5.90(f)(i) 39,921 2.25(e) 2.09(e) 2.09(e) (1.08)(e) -- Class C................. 5.95(f)(i) 78,419 2.01(e) 2.01(e) 2.01(e) (1.00)(e) -- Class I................. 6.48(f)(i) 24,281 0.94(e) 0.94(e) 0.94(e) 0.12(e) -- Class L(k).............. 6.45(f)(i) 297,686 1.08(e) 1.06(e) 1.06(e) (0.35)(e) -- Class Y................. 6.55(f)(i) 90,380 0.83(e) 0.83(e) 0.83(e) 0.17(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 6.27(f) 10 1.72(e) 1.58(e) 1.58(e) (0.59)(e) -- Class R4................ 6.38(f) 10 1.44(e) 1.28(e) 1.28(e) (0.28)(e) -- Class R5................ 6.49(f) 10 1.15(e) 0.98(e) 0.98(e) 0.03(e) -- For the Year Ended October 31, 2006 Class A................. 6.52 707,000 1.34 1.33 1.33 (0.38) 92 Class B................. 5.66 44,064 2.22 2.09 2.09 (1.14) -- Class C................. 5.78 85,469 2.02 2.02 2.02 (1.07) -- Class L................. 6.80 274,890 1.05 1.05 1.05 (0.10) -- Class Y................. 7.03 130,594 0.83 0.83 0.83 0.08 -- From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 4.65(f) 1,961 0.96(e) 0.96(e) 0.96(e) (0.52)(e) -- For the Year Ended October 31, 2005 Class A................. 6.98 635,057 1.40 1.33 1.33 (0.30) 77 Class B................. 6.14 46,251 2.27 2.15 2.15 (1.09) -- Class C................. 6.21 82,481 2.05 2.05 2.05 (1.01) -- Class L................. 7.23 295,731 1.06 1.06 1.06 0.05 -- Class Y................. 7.49 52,992 0.85 0.85 0.85 0.10 -- For the Year Ended October 31, 2004 Class A................. 6.58 384,160 1.55 1.45 1.45 (0.84) 66 Class B................. 5.77 32,440 2.33 2.15 2.15 (1.54) -- Class C................. 5.84 47,575 2.07 2.07 2.07 (1.45) -- Class L................. 6.95 310,084 1.08 1.08 1.08 (0.48) -- Class Y................. 7.25 11,926 0.87 0.87 0.87 (0.18) -- For the Year Ended October 31, 2003 Class A................. 27.65 72,186 1.52 1.45 1.45 (0.65) 129 Class B................. 26.85 11,552 2.26 2.12 2.12 (1.35) -- Class C................. 26.85 11,896 2.15 2.15 2.15 (1.36) -- Class L................. 28.13 316,451 1.15 1.15 1.15 (0.34) -- Class Y................. 28.22 1 0.96 0.96 0.96 (0.17) -- For the Period February 19, 2002 through October 31, 2002 Class A................. (18.33)(f) 5,970 1.65(e) 1.45(e) 1.45(e) (0.44)(e) 107 Class B................. (18.67)(f) 1,698 2.32(e) 2.15(e) 2.15(e) (1.10)(e) -- Class C................. (18.68)(f) 1,480 2.18(e) 2.15(e) 2.15(e) (1.13)(e) -- Class Y................. (18.05)(f) 1 0.90(e) 0.90(e) 0.90(e) (0.01)(e) -- For the Year Ended October 31, 2002 Class L................. (16.28) 274,683 1.14 1.14 1.14 (0.28) -- THE HARTFORD GROWTH OPPORTUNITIES FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 14.17(f)(i) 516,579 1.50(e) 1.25(e) 1.25(e) 0.40(e) 51 Class B................. 13.74(f)(i) 38,107 2.22(e) 2.08(e) 2.08(e) (0.40)(e) -- Class C................. 13.74(f)(i) 61,297 2.03(e) 2.03(e) 2.03(e) (0.40)(e) -- Class I................. 14.35(f)(i) 1,707 0.93(e) 0.93(e) 0.93(e) (0.03)(e) -- Class L(l).............. 14.33(f)(i) 674,454 1.06(e) 1.04(e) 1.04(e) 0.46(e) -- Class Y(l).............. 14.42(f)(i) 106,294 0.81(e) 0.81(e) 0.81(e) 1.24(e) --
357 HARTFORD MUTUAL FUNDS, INC. AND HARTFORD MUTUAL FUNDS II, INC. FINANCIAL HIGHLIGHTS -- (CONTINUED) - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD GROWTH OPPORTUNITIES FUND -- (CONTINUED) From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ $29.39 $ (0.04) $ -- $ 2.55 $ 2.51 Class R4................ 29.39 (0.06) -- 2.60 2.54 Class R5................ 29.39 (0.03) -- 2.61 2.58 For the Year Ended October 31, 2006 Class A................. 27.84 (0.07) -- 3.59 3.52 Class B................. 24.42 (0.25) -- 3.09 2.84 Class C................. 24.42 (0.23) -- 3.08 2.85 Class L................. 28.17 (0.06) -- 3.65 3.59 Class Y................. 28.37 0.02 -- 3.68 3.70 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 27.95 (0.01) -- 1.40 1.39 For the Year Ended October 31, 2005 Class A................. 23.49 (0.06) -- 4.41 4.35 Class B................. 20.77 (0.25) -- 3.90 3.65 Class C................. 20.77 (0.25) -- 3.90 3.65 Class L................. 23.71 (0.06) -- 4.52 4.46 Class Y................. 23.82 -- -- 4.55 4.55 For the Year Ended October 31, 2004 Class A................. 21.25 (0.17) -- 2.41 2.24 Class B................. 18.91 (0.26) -- 2.12 1.86 Class C................. 18.91 (0.28) -- 2.14 1.86 Class L................. 21.36 (0.14) -- 2.49 2.35 Class Y................. 21.42 (0.01) -- 2.41 2.40 For the Year Ended October 31, 2003 Class A................. 15.31 (0.07) -- 6.01 5.94 Class B................. 13.71 (0.12) -- 5.32 5.20 Class C................. 13.70 (0.09) -- 5.30 5.21 Class L................. 15.33 (0.10) -- 6.13 6.03 Class Y................. 15.35 (0.07) -- 6.14 6.07 For the Period February 19, 2002 through October 31, 2002 Class A................. 19.80 (0.06) -- (4.43) (4.49) Class B................. 17.80 (0.10) -- (3.99) (4.09) Class C................. 17.80 (0.09) -- (4.01) (4.10) Class Y................. 19.80 (0.06) -- (4.39) (4.45) For the Year Ended October 31, 2002 Class L................. 19.21 (0.13) -- (3.54) (3.67) THE HARTFORD HIGH YIELD FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 7.93 0.29 -- 0.30 0.59 Class B................. 7.92 0.26 -- 0.29 0.55 Class C................. 7.92 0.26 -- 0.31 0.57 Class Y................. 7.92 0.41 -- 0.20 0.61 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 8.04 0.20 -- 0.19 0.39 Class R4................ 8.04 0.21 -- 0.18 0.39 Class R5................ 8.04 0.21 -- 0.19 0.40 For the Year Ended October 31, 2006 Class A................. 7.76 0.54 -- 0.18 0.72 Class B................. 7.74 0.48 -- 0.19 0.67 Class C................. 7.75 0.49 -- 0.17 0.66 Class Y................. 7.75 0.58 -- 0.17 0.75 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD GROWTH OPPORTUNITIES FUND -- (CONTINUED) From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ $ -- $ -- $ -- $ -- $ 2.51 $31.90 Class R4................ -- -- -- -- 2.54 31.93 Class R5................ -- -- -- -- 2.58 31.97 For the Year Ended October 31, 2006 Class A................. -- (2.03) -- (2.03) 1.49 29.33 Class B................. -- (2.03) -- (2.03) 0.81 25.23 Class C................. -- (2.03) -- (2.03) 0.82 25.24 Class L................. -- (2.03) -- (2.03) 1.56 29.73 Class Y................. -- (2.03) -- (2.03) 1.67 30.04 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. -- -- -- -- 1.39 29.34 For the Year Ended October 31, 2005 Class A................. -- -- -- -- 4.35 27.84 Class B................. -- -- -- -- 3.65 24.42 Class C................. -- -- -- -- 3.65 24.42 Class L................. -- -- -- -- 4.46 28.17 Class Y................. -- -- -- -- 4.55 28.37 For the Year Ended October 31, 2004 Class A................. -- -- -- -- 2.24 23.49 Class B................. -- -- -- -- 1.86 20.77 Class C................. -- -- -- -- 1.86 20.77 Class L................. -- -- -- -- 2.35 23.71 Class Y................. -- -- -- -- 2.40 23.82 For the Year Ended October 31, 2003 Class A................. -- -- -- -- 5.94 21.25 Class B................. -- -- -- -- 5.20 18.91 Class C................. -- -- -- -- 5.21 18.91 Class L................. -- -- -- -- 6.03 21.36 Class Y................. -- -- -- -- 6.07 21.42 For the Period February 19, 2002 through October 31, 2002 Class A................. -- -- -- -- (4.49) 15.31 Class B................. -- -- -- -- (4.09) 13.71 Class C................. -- -- -- -- (4.10) 13.70 Class Y................. -- -- -- -- (4.45) 15.35 For the Year Ended October 31, 2002 Class L................. -- (0.21) -- (0.21) (3.88) 15.33 THE HARTFORD HIGH YIELD FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.29) -- -- (0.29) 0.30 8.23 Class B................. (0.26) -- -- (0.26) 0.29 8.21 Class C................. (0.27) -- -- (0.27) 0.30 8.22 Class Y................. (0.30) -- -- (0.30) 0.31 8.23 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ (0.19) -- -- (0.19) 0.20 8.24 Class R4................ (0.19) -- -- (0.19) 0.20 8.24 Class R5................ (0.20) -- -- (0.20) 0.20 8.24 For the Year Ended October 31, 2006 Class A................. (0.55) -- -- (0.55) 0.17 7.93 Class B................. (0.49) -- -- (0.49) 0.18 7.92 Class C................. (0.49) -- -- (0.49) 0.17 7.92 Class Y................. (0.58) -- -- (0.58) 0.17 7.92 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD GROWTH OPPORTUNITIES FUND -- (CONTINUED) From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 14.13%(f) $ 86 1.63%(e) 1.62%(e) 1.62%(e) (0.84)%(e) -- Class R4................ 14.24(f) 11 1.37(e) 1.30(e) 1.30(e) (0.60)(e) -- Class R5................ 14.38(f) 11 1.10(e) 1.01(e) 1.01(e) (0.28)(e) -- For the Year Ended October 31, 2006 Class A................. 13.35 420,220 1.60 1.20 1.20 (0.31) 131% Class B................. 12.36 33,670 2.26 2.08 2.08 (1.18) -- Class C................. 12.40 47,366 2.09 2.07 2.07 (1.17) -- Class L................. 13.45 570,541 1.07 1.07 1.07 (0.18) -- Class Y................. 13.76 73,685 0.85 0.83 0.83 0.08 -- From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 4.97(f) 74 1.15(e) 1.12(e) 1.12(e) (0.43)(e) -- For the Year Ended October 31, 2005 Class A................. 18.52 222,682 1.54 1.36 1.36 (0.45) 156 Class B................. 17.57 20,002 2.39 2.15 2.15 (1.27) -- Class C................. 17.57 18,842 2.13 2.13 2.13 (1.26) -- Class L................. 18.81 556,462 1.09 1.09 1.09 (0.22) -- Class Y................. 19.10 28,441 0.88 0.88 0.88 -- -- For the Year Ended October 31, 2004 Class A................. 10.54 54,652 1.52 1.45 1.45 (0.94) 130 Class B................. 9.84 11,518 2.45 2.14 2.14 (1.64) -- Class C................. 9.84 11,899 2.11 2.11 2.11 (1.61) -- Class L................. 11.00 518,009 1.08 1.08 1.08 (0.58) -- Class Y................. 11.20 4,792 0.82 0.82 0.82 (0.33) -- For the Year Ended October 31, 2003 Class A................. 38.80 17,149 1.49 1.45 1.45 (0.88) 158 Class B................. 37.93 4,470 2.22 2.15 2.15 (1.58) -- Class C................. 38.03 5,238 2.10 2.10 2.10 (1.54) -- Class L................. 39.34 517,892 1.10 1.10 1.10 (0.56) -- Class Y................. 39.54 1 0.91 0.91 0.91 (0.38) -- For the Period February 19, 2002 through October 31, 2002 Class A................. (22.68)(f) 3,338 1.62(e) 1.45(e) 1.45(e) (0.92)(e) 182 Class B................. (22.99)(f) 777 2.30(e) 2.15(e) 2.15(e) (1.60)(e) -- Class C................. (23.05)(f) 892 2.09(e) 2.09(e) 2.09(e) (1.56)(e) -- Class Y................. (22.47)(f) 1 0.89(e) 0.89(e) 0.89(e) (0.44)(e) -- For the Year Ended October 31, 2002 Class L................. (19.36) 412,454 1.10 1.10 1.10 (0.67) -- THE HARTFORD HIGH YIELD FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 7.59(f) 202,669 1.34(e) 1.14(e) 1.14(e) 7.21(e) 81 Class B................. 7.07(f) 36,539 2.16(e) 1.90(e) 1.90(e) 6.46(e) -- Class C................. 7.23(f) 39,084 2.02(e) 1.82(e) 1.82(e) 6.54(e) -- Class Y................. 7.82(f) 4,230 0.85(e) 0.65(e) 0.65(e) 7.45(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 7.69(f) 10 1.79(e) 1.40(e) 1.40(e) 6.86(e) -- Class R4................ 7.80(f) 10 1.45(e) 1.08(e) 1.08(e) 7.16(e) -- Class R5................ 7.89(f) 10 1.18(e) 0.85(e) 0.85(e) 7.41(e) -- For the Year Ended October 31, 2006 Class A................. 9.57 190,479 1.36 1.20 1.20 6.87 147 Class B................. 8.90 37,189 2.17 1.95 1.95 6.10 -- Class C................. 8.84 39,991 2.04 1.89 1.89 6.15 -- Class Y................. 10.11 24,374 0.88 0.73 0.73 7.33 --
The accompanying notes are an integral part of these financial statements. 358 - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD HIGH YIELD FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. $ 8.18 $ 0.48 $ -- $(0.40) $ 0.08 Class B................. 8.17 0.42 -- (0.41) 0.01 Class C................. 8.17 0.42 -- (0.39) 0.03 Class Y................. 8.17 0.52 -- (0.40) 0.12 For the Year Ended October 31, 2004(h) Class A................. 7.94 0.48 -- 0.23 0.71 Class B................. 7.93 0.43 -- 0.22 0.65 Class C................. 7.93 0.43 0.01 0.22 0.66 Class Y................. 7.94 0.39 -- 0.36 0.75 For the Year Ended October 31, 2003(h) Class A................. 6.73 0.60 -- 1.26 1.86 Class B................. 6.72 0.57 -- 1.24 1.81 Class C................. 6.72 0.55 -- 1.26 1.81 Class Y................. 6.73 0.65 -- 1.24 1.89 For the Year Ended October 31, 2002(h) Class A................. 8.45 0.82 -- (1.78) (0.96) Class B................. 8.43 0.80 -- (1.81) (1.01) Class C................. 8.43 0.72 -- (1.73) (1.01) Class Y................. 8.48 0.34 -- (1.30) (0.96) THE HARTFORD INCOME ALLOCATION FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 9.89 0.19 -- 0.08 0.27 Class B................. 9.88 0.16 -- 0.09 0.25 Class C................. 9.88 0.16 -- 0.08 0.24 Class I................. 9.89 0.19 -- 0.10 0.29 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 9.91 0.12 -- 0.06 0.18 Class R4................ 9.91 0.13 -- 0.06 0.19 Class R5................ 9.91 0.15 -- 0.05 0.20 For the Year Ended October 31, 2006 Class A................. 9.89 0.42 -- 0.03 0.45 Class B................. 9.88 0.35 -- 0.03 0.38 Class C................. 9.88 0.35 -- 0.03 0.38 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 9.84 0.06 -- 0.05 0.11 For the Year Ended October 31, 2005 Class A................. 10.15 0.36 -- (0.26) 0.10 Class B................. 10.14 0.29 -- (0.26) 0.03 Class C................. 10.14 0.30 -- (0.27) 0.03 From (commencement of operations) May 28, 2004, through October 31, 2004 Class A................. 10.00 0.09 -- 0.15 0.24 Class B................. 10.00 0.07 -- 0.14 0.21 Class C................. 10.00 0.07 -- 0.14 0.21 THE HARTFORD INCOME FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 10.33 0.28 -- 0.07 0.35 Class B................. 10.33 0.24 -- 0.07 0.31 Class C................. 10.35 0.24 -- 0.07 0.31 Class Y................. 10.32 0.29 -- 0.07 0.36 For the Year Ended October 31, 2006 Class A................. 10.24 0.54 -- 0.08 0.62 Class B................. 10.24 0.46 -- 0.08 0.54 Class C................. 10.26 0.46 -- 0.08 0.54 Class Y................. 10.24 0.56 -- 0.08 0.64 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD HIGH YIELD FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. $ (0.50) $ -- $ -- $ (0.50) $(0.42) $ 7.76 Class B................. (0.44) -- -- (0.44) (0.43) 7.74 Class C................. (0.45) -- -- (0.45) (0.42) 7.75 Class Y................. (0.54) -- -- (0.54) (0.42) 7.75 For the Year Ended October 31, 2004(h) Class A................. (0.47) -- -- (0.47) 0.24 8.18 Class B................. (0.41) -- -- (0.41) 0.24 8.17 Class C................. (0.42) -- -- (0.42) 0.24 8.17 Class Y................. (0.52) -- -- (0.52) 0.23 8.17 For the Year Ended October 31, 2003(h) Class A................. (0.65) -- -- (0.65) 1.21 7.94 Class B................. (0.60) -- -- (0.60) 1.21 7.93 Class C................. (0.60) -- -- (0.60) 1.21 7.93 Class Y................. (0.68) -- -- (0.68) 1.21 7.94 For the Year Ended October 31, 2002(h) Class A................. (0.76) -- -- (0.76) (1.72) 6.73 Class B................. (0.70) -- -- (0.70) (1.71) 6.72 Class C................. (0.70) -- -- (0.70) (1.71) 6.72 Class Y................. (0.79) -- -- (0.79) (1.75) 6.73 THE HARTFORD INCOME ALLOCATION FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.19) -- -- (0.19) 0.08 9.97 Class B................. (0.16) -- -- (0.16) 0.09 9.97 Class C................. (0.16) -- -- (0.16) 0.08 9.96 Class I................. (0.21) -- -- (0.21) 0.08 9.97 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ (0.12) -- -- (0.12) 0.06 9.97 Class R4................ (0.13) -- -- (0.13) 0.06 9.97 Class R5................ (0.14) -- -- (0.14) 0.06 9.97 For the Year Ended October 31, 2006 Class A................. (0.43) (0.02) -- (0.45) -- 9.89 Class B................. (0.36) (0.02) -- (0.38) -- 9.88 Class C................. (0.36) (0.02) -- (0.38) -- 9.88 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. (0.06) -- -- (0.06) 0.05 9.89 For the Year Ended October 31, 2005 Class A................. (0.36) -- -- (0.36) (0.26) 9.89 Class B................. (0.29) -- -- (0.29) (0.26) 9.88 Class C................. (0.29) -- -- (0.29) (0.26) 9.88 From (commencement of operations) May 28, 2004, through October 31, 2004 Class A................. (0.09) -- -- (0.09) 0.15 10.15 Class B................. (0.07) -- -- (0.07) 0.14 10.14 Class C................. (0.07) -- -- (0.07) 0.14 10.14 THE HARTFORD INCOME FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.28) -- -- (0.28) 0.07 10.40 Class B................. (0.24) -- -- (0.24) 0.07 10.40 Class C................. (0.24) -- -- (0.24) 0.07 10.42 Class Y................. (0.29) -- -- (0.29) 0.07 10.39 For the Year Ended October 31, 2006 Class A................. (0.53) -- -- (0.53) 0.09 10.33 Class B................. (0.45) -- -- (0.45) 0.09 10.33 Class C................. (0.45) -- -- (0.45) 0.09 10.35 Class Y................. (0.56) -- -- (0.56) 0.08 10.32 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD HIGH YIELD FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. 0.97% $ 188,599 1.33% 1.33% 1.33% 5.86% 113% Class B................. 0.08 47,071 2.12 2.10 2.10 5.09 -- Class C................. 0.30 50,945 2.00 2.00 2.00 5.18 -- Class Y................. 1.43 25,974 0.87 0.87 0.87 6.40 -- For the Year Ended October 31, 2004(h) Class A................. 9.26(i) 247,364 1.35 1.35 1.35 6.03 86 Class B................. 8.45(i) 63,972 2.07 2.07 2.07 5.32 -- Class C................. 8.54(i) 71,673 1.98 1.98 1.98 5.40 -- Class Y................. 9.72 16,410 0.84 0.84 0.84 6.13 -- For the Year Ended October 31, 2003(h) Class A................. 28.69 213,377 1.49 1.40 1.40 7.98 54 Class B................. 27.83 72,293 2.23 2.10 2.10 7.39 -- Class C................. 27.84 77,968 2.10 2.10 2.10 7.31 -- Class Y................. 29.27 1 1.69 0.95 0.95 8.70 -- For the Year Ended October 31, 2002(h) Class A................. (12.16) 95,760 1.55 1.40 1.40 9.48 22 Class B................. (12.70) 44,359 2.24 2.10 2.10 8.78 -- Class C................. (12.65) 40,611 2.10 2.10 2.10 8.78 -- Class Y................. (12.01) 1 0.84 0.84 0.84 10.04 -- THE HARTFORD INCOME ALLOCATION FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 2.77(f) 32,829 0.73(e) 0.57(e) 0.57(e) 4.05(e) 22 Class B................. 2.52(f) 5,406 1.52(e) 1.27(e) 1.27(e) 3.30(e) -- Class C................. 2.41(f) 7,847 1.49(e) 1.27(e) 1.27(e) 3.28(e) -- Class I................. 2.93(f) 546 0.48(e) 0.33(e) 0.33(e) 4.69(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 2.64(f) 10 1.26(e) 0.97(e) 0.97(e) 3.53(e) -- Class R4................ 2.74(f) 10 0.92(e) 0.64(e) 0.64(e) 3.83(e) -- Class R5................ 2.85(f) 10 0.66(e) 0.37(e) 0.37(e) 4.13(e) -- For the Year Ended October 31, 2006 Class A................. 4.64 25,383 0.80 0.61 0.61 4.32 38 Class B................. 3.91 5,516 1.59 1.31 1.31 3.56 -- Class C................. 3.91 8,042 1.53 1.31 1.31 3.53 -- From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 1.17(f) 10 0.90(e) 0.37(e) 0.37(e) 4.27(e) -- For the Year Ended October 31, 2005 Class A................. 1.01 19,445 0.76 0.56 0.56 3.75 30 Class B................. 0.29 4,778 1.56 1.26 1.26 3.09 -- Class C................. 0.30 7,711 1.51 1.26 1.26 3.04 -- From (commencement of operations) May 28, 2004, through October 31, 2004 Class A................. 2.42(f) 10,539 0.73(e) 0.56(e) 0.56(e) 3.21(e) 3 Class B................. 2.08(f) 1,690 1.63(e) 1.26(e) 1.26(e) 2.56(e) -- Class C................. 2.08(f) 4,880 1.48(e) 1.26(e) 1.26(e) 2.59(e) -- THE HARTFORD INCOME FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 3.39(f) 80,164 1.11(e) 0.95(e) 0.95(e) 5.52(e) 108 Class B................. 3.01(f) 8,995 1.95(e) 1.70(e) 1.70(e) 4.75(e) -- Class C................. 3.02(f) 12,387 1.82(e) 1.70(e) 1.70(e) 4.76(e) -- Class Y................. 3.54(f) 142,723 0.68(e) 0.68(e) 0.68(e) 5.79(e) -- For the Year Ended October 31, 2006 Class A................. 6.24 37,168 1.21 0.95 0.95 5.35 175 Class B................. 5.45 7,224 2.06 1.70 1.70 4.60 -- Class C................. 5.44 8,101 1.96 1.70 1.70 4.61 -- Class Y................. 6.41 60,690 0.78 0.70 0.70 5.63 --
359 HARTFORD MUTUAL FUNDS, INC. AND HARTFORD MUTUAL FUNDS II, INC. FINANCIAL HIGHLIGHTS -- (CONTINUED) - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD INCOME FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. $10.72 $ 0.51 $ -- $(0.44) $ 0.07 Class B................. 10.72 0.43 -- (0.43) -- Class C................. 10.74 0.43 -- (0.43) -- Class Y................. 10.72 0.52 -- (0.42) 0.10 For the Year Ended October 31, 2004 Class A................. 10.53 0.48 -- 0.22 0.70 Class B................. 10.53 0.42 -- 0.21 0.63 Class C................. 10.55 0.41 -- 0.22 0.63 From inception November 28, 2003, through October 31, 2004 Class Y................. 10.54 0.48 -- 0.20 0.68 From inception October 31, 2002, through October 31, 2003 Class A................. 10.00 0.52 -- 0.54 1.06 Class B................. 10.00 0.44 -- 0.54 0.98 Class C................. 10.00 0.44 -- 0.56 1.00 THE HARTFORD INFLATION PLUS FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 10.44 0.08 -- 0.09 0.17 Class B................. 10.45 0.03 -- 0.11 0.14 Class C................. 10.44 0.03 -- 0.11 0.14 Class I................. 10.44 0.11 -- 0.09 0.20 Class Y................. 10.45 0.10 -- 0.10 0.20 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 10.41 0.12 -- 0.09 0.21 Class R4................ 10.41 0.12 -- 0.10 0.22 Class R5................ 10.41 0.13 -- 0.09 0.22 For the Year Ended October 31, 2006 Class A................. 10.67 0.49 -- (0.26) 0.23 Class B................. 10.68 0.40 -- (0.25) 0.15 Class C................. 10.67 0.40 -- (0.25) 0.15 Class Y................. 10.68 0.51 -- (0.25) 0.26 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 10.48 0.05 -- (0.05) (0.00) For the Year Ended October 31, 2005 Class A................. 10.95 0.41 -- (0.18) 0.23 Class B................. 10.96 0.33 -- (0.18) 0.15 Class C................. 10.96 0.33 -- (0.19) 0.14 Class Y................. 10.97 0.47 -- (0.22) 0.25 For the Year Ended October 31, 2004 Class A................. 10.63 0.30 -- 0.37 0.67 Class B................. 10.64 0.22 -- 0.37 0.59 Class C................. 10.63 0.23 -- 0.37 0.60 From inception November 28, 2003, through October 31, 2004 Class Y................. 10.57 0.28 -- 0.44 0.72 From inception October 31, 2002, through October 31, 2003 Class A................. 10.00 0.27 -- 0.62 0.89 Class B................. 10.00 0.21 -- 0.63 0.84 Class C................. 10.00 0.20 -- 0.63 0.83 THE HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. 14.93 -- -- 1.81 1.81 Class B................. 14.42 (0.07) -- 1.76 1.69 Class C................. 14.42 (0.06) -- 1.75 1.69 Class I................. 14.94 0.02 -- 1.82 1.84 Class Y................. 15.17 0.01 -- 1.88 1.89 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD INCOME FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. $ (0.51) $(0.04) $ -- $ (0.55) $(0.48) $10.24 Class B................. (0.44) (0.04) -- (0.48) (0.48) 10.24 Class C................. (0.44) (0.04) -- (0.48) (0.48) 10.26 Class Y................. (0.54) (0.04) -- (0.58) (0.48) 10.24 For the Year Ended October 31, 2004 Class A................. (0.51) -- -- (0.51) 0.19 10.72 Class B................. (0.44) -- -- (0.44) 0.19 10.72 Class C................. (0.44) -- -- (0.44) 0.19 10.74 From inception November 28, 2003, through October 31, 2004 Class Y................. (0.50) -- -- (0.50) 0.18 10.72 From inception October 31, 2002, through October 31, 2003 Class A................. (0.53) -- -- (0.53) 0.53 10.53 Class B................. (0.45) -- -- (0.45) 0.53 10.53 Class C................. (0.45) -- -- (0.45) 0.55 10.55 THE HARTFORD INFLATION PLUS FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.08) -- -- (0.08) 0.09 10.53 Class B................. (0.07) -- -- (0.07) 0.07 10.52 Class C................. (0.07) -- -- (0.07) 0.07 10.51 Class I................. (0.09) -- -- (0.09) 0.11 10.55 Class Y................. (0.09) -- -- (0.09) 0.11 10.56 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ (0.08) -- -- (0.08) 0.13 10.54 Class R4................ (0.08) -- -- (0.08) 0.14 10.55 Class R5................ (0.08) -- -- (0.08) 0.14 10.55 For the Year Ended October 31, 2006 Class A................. (0.43) (0.03) -- (0.46) (0.23) 10.44 Class B................. (0.35) (0.03) -- (0.38) (0.23) 10.45 Class C................. (0.35) (0.03) -- (0.38) (0.23) 10.44 Class Y................. (0.46) (0.03) -- (0.49) (0.23) 10.45 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. (0.04) -- -- (0.04) (0.04) 10.44 For the Year Ended October 31, 2005 Class A................. (0.42) (0.09) -- (0.51) (0.28) 10.67 Class B................. (0.34) (0.09) -- (0.43) (0.28) 10.68 Class C................. (0.34) (0.09) -- (0.43) (0.29) 10.67 Class Y................. (0.45) (0.09) -- (0.54) (0.29) 10.68 For the Year Ended October 31, 2004 Class A................. (0.31) (0.04) -- (0.35) 0.32 10.95 Class B................. (0.23) (0.04) -- (0.27) 0.32 10.96 Class C................. (0.23) (0.04) -- (0.27) 0.33 10.96 From inception November 28, 2003, through October 31, 2004 Class Y................. (0.32) -- -- (0.32) 0.40 10.97 From inception October 31, 2002, through October 31, 2003 Class A................. (0.26) -- -- (0.26) 0.63 10.63 Class B................. (0.20) -- -- (0.20) 0.64 10.64 Class C................. (0.20) -- -- (0.20) 0.63 10.63 THE HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. (0.01) (1.36) -- (1.37) 0.44 15.37 Class B................. -- (1.36) -- (1.36) 0.33 14.75 Class C................. -- (1.36) -- (1.36) 0.33 14.75 Class I................. (0.18) (1.36) -- (1.54) 0.30 15.24 Class Y................. -- (1.36) -- (1.36) 0.53 15.70 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD INCOME FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. 0.70% $ 28,942 1.20% 0.95% 0.95% 4.80% 188% Class B................. (0.04) 5,973 2.06 1.70 1.70 4.05 -- Class C................. (0.03) 5,142 1.96 1.70 1.70 4.05 -- Class Y................. 0.98 16,431 0.79 0.70 0.70 5.16 -- For the Year Ended October 31, 2004 Class A................. 6.85 29,580 1.14 1.00 1.00 4.60 167 Class B................. 6.10 5,541 1.95 1.70 1.70 3.90 -- Class C................. 6.09 5,562 1.88 1.70 1.70 3.90 -- From inception November 28, 2003, through October 31, 2004 Class Y................. 6.57(f) 10 0.73(e) 0.70(e) 0.70(e) 4.89(e) -- From inception October 31, 2002, through October 31, 2003 Class A................. 10.79(f) 15,836 1.54(e) 1.00(e) 1.00(e) 5.06(e) 124 Class B................. 10.01(f) 4,705 2.31(e) 1.70(e) 1.70(e) 4.31(e) -- Class C................. 10.22(f) 5,050 2.17(e) 1.70(e) 1.70(e) 4.28(e) -- THE HARTFORD INFLATION PLUS FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 1.66(f) 208,338 1.36(e) 1.15(e) 0.85(e) 0.95(e) 269 Class B................. 1.34(f) 76,791 2.16(e) 1.90(e) 1.60(e) 0.37(e) -- Class C................. 1.34(f) 177,725 2.12(e) 1.90(e) 1.60(e) 0.16(e) -- Class I................. 1.89(f) 212 1.15(e) 0.90(e) 0.60(e) 2.92(e) -- Class Y................. 1.90(f) 107,166 1.01(e) 0.90(e) 0.60(e) 1.62(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 1.59(f) 10 1.63(e) 1.25(e) 1.14(e) 3.14(e) -- Class R4................ 1.73(f) 10 1.33(e) 1.00(e) 0.89(e) 3.40(e) -- Class R5................ 1.77(f) 10 1.03(e) 0.76(e) 0.65(e) 3.63(e) -- For the Year Ended October 31, 2006 Class A................. 2.29 282,362 1.02 0.95 0.95 4.50 193 Class B................. 1.51 92,340 1.82 1.70 1.70 3.76 -- Class C................. 1.51 247,091 1.78 1.70 1.70 3.72 -- Class Y................. 2.58 140,796 0.68 0.68 0.68 5.05 -- From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 0.04(f) 18 0.98(e) 0.70(e) 0.70(e) 4.43(e) -- For the Year Ended October 31, 2005 Class A................. 2.10 414,778 1.00 0.95 0.95 3.88 71 Class B................. 1.33 119,302 1.81 1.70 1.70 3.09 -- Class C................. 1.24 373,750 1.76 1.70 1.70 3.12 -- Class Y................. 2.29 95,947 0.68 0.68 0.68 4.42 -- For the Year Ended October 31, 2004 Class A................. 6.39 313,961 1.04 1.00 1.00 3.04 81 Class B................. 5.65 107,964 1.81 1.70 1.70 2.21 -- Class C................. 5.74 319,990 1.76 1.70 1.70 2.33 -- From inception November 28, 2003, through October 31, 2004 Class Y................. 6.89(f) 23,045 0.65(e) 0.65(e) 0.65(e) 1.55(e) -- From inception October 31, 2002, through October 31, 2003 Class A................. 9.02(f) 142,992 1.34(e) 1.00(e) 1.00(e) 2.63(e) 23 Class B................. 8.41(f) 67,986 2.09(e) 1.70(e) 1.70(e) 1.98(e) -- Class C................. 8.31(f) 160,253 1.95(e) 1.70(e) 1.70(e) 1.97(e) -- THE HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. 13.11(f)(i) 326,590 1.50(e) 1.50(e) 1.50(e) (0.05)(e) 128 Class B................. 12.67(f)(i) 41,624 2.37(e) 2.30(e) 2.30(e) (0.93)(e) -- Class C................. 12.68(f)(i) 52,612 2.21(e) 2.21(e) 2.21(e) (0.85)(e) -- Class I................. 13.33(f)(i) 156 1.27(e) 1.27(e) 1.27(e) 0.32(e) -- Class Y................. 13.43(f)(i) 8,984 0.97(e) 0.97(e) 0.97(e) 0.24(e) --
The accompanying notes are an integral part of these financial statements. 360 - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND -- (CONTINUED) From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited)(h) Class R3................ $14.79 $ (0.01) $ -- $ 0.87 $ 0.86 Class R4................ 14.79 -- -- 0.88 0.88 Class R5................ 14.79 0.02 -- 0.87 0.89 For the Year Ended October 31, 2006(h) Class A................. 12.14 0.02 -- 2.96 2.98 Class B................. 11.77 (0.08) -- 2.87 2.79 Class C................. 11.77 (0.09) -- 2.88 2.79 Class Y................. 12.33 0.06 -- 3.02 3.08 From (commencement of operations) August 31, 2006, through October 31, 2006(h) Class I................. 14.34 (0.02) -- 0.62 0.60 For the Year Ended October 31, 2005 Class A................. 11.59 0.07 -- 0.48 0.55 Class B................. 11.32 (0.01) -- 0.46 0.45 Class C................. 11.32 (0.01) -- 0.46 0.45 Class Y................. 11.72 0.08 -- 0.53 0.61 For the Year Ended October 31, 2004(h) Class A................. 9.62 (0.01) -- 2.03 2.02 Class B................. 9.46 (0.08) -- 1.99 1.91 Class C................. 9.46 (0.08) -- 1.99 1.91 Class Y................. 9.69 (0.01) -- 2.09 2.08 For the Year Ended October 31, 2003 Class A................. 6.93 (0.02) -- 2.72 2.70 Class B................. 6.86 (0.04) -- 2.64 2.60 Class C................. 6.86 (0.04) -- 2.64 2.60 Class Y................. 6.98 0.01 -- 2.74 2.75 For the Year Ended October 31, 2002(h) Class A................. 7.62 0.02 -- (0.71) (0.69) Class B................. 7.59 (0.03) -- (0.70) (0.73) Class C................. 7.59 (0.03) -- (0.70) (0.73) Class Y................. 7.63 0.07 -- (0.72) (0.65) THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. 16.13 -- -- 2.28 2.28 Class B................. 15.14 (0.06) -- 2.14 2.08 Class C................. 15.01 (0.06) -- 2.12 2.06 Class Y................. 16.67 0.04 -- 2.36 2.40 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited)(h) Class R3................ 17.07 0.02 -- 1.29 1.31 Class R4................ 17.07 0.01 -- 1.32 1.33 Class R5................ 17.07 0.03 -- 1.32 1.35 For the Year Ended October 31, 2006(h) Class A................. 13.13 0.13 -- 2.92 3.05 Class B................. 12.35 0.03 -- 2.76 2.79 Class C................. 12.27 0.01 -- 2.73 2.74 Class Y................. 13.55 0.25 -- 2.98 3.23 For the Year Ended October 31, 2005 Class A................. 11.22 0.05 -- 1.86 1.91 Class B................. 10.64 (0.04) -- 1.75 1.71 Class C................. 10.57 (0.04) -- 1.74 1.70 Class Y................. 11.53 0.12 -- 1.90 2.02 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND -- (CONTINUED) From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited)(h) Class R3................ $ -- $ -- $ -- $ -- $ 0.86 $15.65 Class R4................ -- -- -- -- 0.88 15.67 Class R5................ -- -- -- -- 0.89 15.68 For the Year Ended October 31, 2006(h) Class A................. (0.05) (0.14) -- (0.19) 2.79 14.93 Class B................. -- (0.14) -- (0.14) 2.65 14.42 Class C................. -- (0.14) -- (0.14) 2.65 14.42 Class Y................. (0.10) (0.14) -- (0.24) 2.84 15.17 From (commencement of operations) August 31, 2006, through October 31, 2006(h) Class I................. -- -- -- -- 0.60 14.94 For the Year Ended October 31, 2005 Class A................. -- -- -- -- 0.55 12.14 Class B................. -- -- -- -- 0.45 11.77 Class C................. -- -- -- -- 0.45 11.77 Class Y................. -- -- -- -- 0.61 12.33 For the Year Ended October 31, 2004(h) Class A................. -- (0.05) -- (0.05) 1.97 11.59 Class B................. -- (0.05) -- (0.05) 1.86 11.32 Class C................. -- (0.05) -- (0.05) 1.86 11.32 Class Y................. -- (0.05) -- (0.05) 2.03 11.72 For the Year Ended October 31, 2003 Class A................. (0.01) -- -- (0.01) 2.69 9.62 Class B................. -- -- -- -- 2.60 9.46 Class C................. -- -- -- -- 2.60 9.46 Class Y................. (0.04) -- -- (0.04) 2.71 9.69 For the Year Ended October 31, 2002(h) Class A................. -- -- -- -- (0.69) 6.93 Class B................. -- -- -- -- (0.73) 6.86 Class C................. -- -- -- -- (0.73) 6.86 Class Y................. -- -- -- -- (0.65) 6.98 THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. (0.06) (0.43) -- (0.49) 1.79 17.92 Class B................. -- (0.43) -- (0.43) 1.65 16.79 Class C................. -- (0.43) -- (0.43) 1.63 16.64 Class Y................. (0.20) (0.43) -- (0.63) 1.77 18.44 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited)(h) Class R3................ -- -- -- -- 1.31 18.38 Class R4................ -- -- -- -- 1.33 18.40 Class R5................ -- -- -- -- 1.35 18.42 For the Year Ended October 31, 2006(h) Class A................. (0.05) -- -- (0.05) 3.00 16.13 Class B................. -- -- -- -- 2.79 15.14 Class C................. -- -- -- -- 2.74 15.01 Class Y................. (0.11) -- -- (0.11) 3.12 16.67 For the Year Ended October 31, 2005 Class A................. -- -- -- -- 1.91 13.13 Class B................. -- -- -- -- 1.71 12.35 Class C................. -- -- -- -- 1.70 12.27 Class Y................. -- -- -- -- 2.02 13.55 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND -- (CONTINUED) From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited)(h) Class R3................ 13.06%(f) $ 11 1.89%(e) 1.85%(e) 1.85%(e) (0.26)%(e) -- Class R4................ 13.21(f) 11 1.57(e) 1.54(e) 1.54(e) 0.05(e) -- Class R5................ 13.28(f) 11 1.29(e) 1.25(e) 1.25(e) 0.27(e) -- For the Year Ended October 31, 2006(h) Class A................. 24.85 213,186 1.70 1.60 1.60 0.12 165% Class B................. 23.95 33,252 2.56 2.30 2.30 (0.59) -- Class C................. 23.95 43,336 2.40 2.35 2.35 (0.65) -- Class Y................. 25.38 70,777 1.16 1.16 1.16 0.42 -- From (commencement of operations) August 31, 2006, through October 31, 2006(h) Class I................. 4.18(f) 10 1.53(e) 1.36(e) 1.36(e) (0.49)(e) -- For the Year Ended October 31, 2005 Class A................. 4.74 131,430 1.77 1.60 1.60 0.66 183 Class B................. 3.98 22,304 2.66 2.35 2.35 (0.09) -- Class C................. 3.98 29,486 2.49 2.35 2.35 (0.07) -- Class Y................. 5.20 74,651 1.22 1.20 1.20 0.98 -- For the Year Ended October 31, 2004(h) Class A................. 21.14 50,051 1.91 1.65 1.65 (0.10) 200 Class B................. 20.33 8,968 2.83 2.35 2.35 (0.80) -- Class C................. 20.33 12,906 2.63 2.35 2.35 (0.79) -- Class Y................. 21.61 28,775 1.31 1.20 1.20 (0.09) -- For the Year Ended October 31, 2003 Class A................. 38.95 11,362 2.36 1.65 1.65 (0.35) 281 Class B................. 37.90 2,148 3.08 2.35 2.35 (1.04) -- Class C................. 37.90 2,285 2.95 2.35 2.35 (1.01) -- Class Y................. 39.57 292 1.80 1.20 1.20 0.16 -- For the Year Ended October 31, 2002(h) Class A................. (9.06) 4,666 2.98 1.65 1.65 0.34 330 Class B................. (9.62) 813 3.69 2.35 2.35 (0.42) -- Class C................. (9.62) 826 3.55 2.35 2.35 (0.34) -- Class Y................. (8.52) 209 2.19 1.20 1.20 0.79 -- THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. 14.44(f)(i) 195,474 1.49(e) 1.49(e) 1.49(e) (0.04)(e) 83 Class B................. 14.05(f)(i) 32,720 2.47(e) 2.16(e) 2.16(e) (0.74)(e) -- Class C................. 14.04(f)(i) 24,601 2.21(e) 2.21(e) 2.21(e) (0.78)(e) -- Class Y................. 14.77(f)(i) 103,699 0.93(e) 0.93(e) 0.93(e) 0.49(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited)(h) Class R3................ 14.39(f) 23 1.82(e) 1.82(e) 1.82(e) 0.29(e) -- Class R4................ 14.52(f) 11 1.49(e) 1.49(e) 1.49(e) 0.16(e) -- Class R5................ 14.64(f) 11 1.22(e) 1.21(e) 1.21(e) 0.45(e) -- For the Year Ended October 31, 2006(h) Class A................. 23.25 159,087 1.61 1.57 1.57 0.84 102 Class B................. 22.59 29,125 2.56 2.15 2.15 0.24 -- Class C................. 22.33 20,782 2.33 2.33 2.33 0.06 -- Class Y................. 24.00 43,994 1.02 1.02 1.02 1.56 -- For the Year Ended October 31, 2005 Class A................. 17.02 102,393 1.72 1.57 1.57 0.42 119 Class B................. 16.07 23,940 2.68 2.35 2.35 (0.36) -- Class C................. 16.08 16,896 2.42 2.35 2.35 (0.37) -- Class Y................. 17.52 5,612 1.05 1.05 1.05 0.94 --
361 HARTFORD MUTUAL FUNDS, INC. AND HARTFORD MUTUAL FUNDS II, INC. FINANCIAL HIGHLIGHTS -- (CONTINUED) - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND -- (CONTINUED) For the Year Ended October 31, 2004 Class A................. $ 9.66 $ 0.03 $ -- $ 1.54 $ 1.57 Class B................. 9.22 (0.05) -- 1.47 1.42 Class C................. 9.16 (0.05) -- 1.46 1.41 Class Y................. 9.91 0.11 -- 1.56 1.67 For the Year Ended October 31, 2003 Class A................. 8.03 0.02 -- 1.61 1.63 Class B................. 7.71 (0.04) -- 1.55 1.51 Class C................. 7.67 (0.04) -- 1.53 1.49 Class Y................. 8.19 0.06 -- 1.66 1.72 For the Year Ended October 31, 2002(h) Class A................. 9.33 0.03 -- (1.33) (1.30) Class B................. 9.04 (0.08) -- (1.25) (1.33) Class C................. 8.99 (0.05) -- (1.27) (1.32) Class Y................. 9.49 0.02 -- (1.32) (1.30) THE HARTFORD INTERNATIONAL SMALL COMPANY FUND For the Six-Month Period Ended April 30, 2007(h) (Unaudited)(h) Class A................. 16.19 0.02 -- 2.53 2.55 Class B................. 15.72 (0.04) -- 2.47 2.43 Class C................. 15.55 (0.04) -- 2.44 2.40 Class Y................. 16.37 0.05 -- 2.57 2.62 For the Year Ended October 31, 2006(h) Class A................. 14.27 0.08 -- 3.62 3.70 Class B................. 13.91 (0.01) -- 3.51 3.50 Class C................. 13.78 (0.03) -- 3.48 3.45 Class Y................. 14.41 0.15 -- 3.64 3.79 For the Year Ended October 31, 2005 Class A................. 13.44 0.06 -- 2.25 2.31 Class B................. 13.23 -- -- 2.16 2.16 Class C................. 13.12 (0.01) -- 2.15 2.14 Class Y................. 13.54 0.12 -- 2.27 2.39 For the Year Ended October 31, 2004 Class A................. 12.93 0.07 -- 1.31 1.38 Class B................. 12.82 0.02 -- 1.26 1.28 Class C................. 12.72 0.03 -- 1.24 1.27 Class Y................. 13.02 0.14 -- 1.30 1.44 For the Year Ended October 31, 2003(h) Class A................. 8.37 0.07 -- 4.51 4.58 Class B................. 8.34 0.01 -- 4.47 4.48 Class C................. 8.28 0.01 -- 4.43 4.44 Class Y................. 8.43 0.09 -- 4.56 4.65 For the Year Ended October 31, 2002(h) Class A................. 8.82 0.03 -- (0.48) (0.45) Class B................. 8.81 (0.02) -- (0.45) (0.47) Class C................. 8.78 (0.03) -- (0.47) (0.50) Class Y................. 8.84 0.09 -- (0.50) (0.41) THE HARTFORD LARGECAP GROWTH FUND From (commencement of operations) November 30, 2006, through April 30, 2007 (Unaudited) Class A................. 10.00 -- -- 0.52 0.52 Class B................. 10.00 (0.03) -- 0.53 0.50 Class C................. 10.00 (0.02) -- 0.52 0.50 Class Y................. 10.00 0.01 -- 0.54 0.55 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND -- (CONTINUED) For the Year Ended October 31, 2004 Class A................. $ (0.01) $ -- $ -- $ (0.01) $ 1.56 $11.22 Class B................. -- -- -- -- 1.42 10.64 Class C................. -- -- -- -- 1.41 10.57 Class Y................. (0.05) -- -- (0.05) 1.62 11.53 For the Year Ended October 31, 2003 Class A................. -- -- -- -- 1.63 9.66 Class B................. -- -- -- -- 1.51 9.22 Class C................. -- -- -- -- 1.49 9.16 Class Y................. -- -- -- -- 1.72 9.91 For the Year Ended October 31, 2002(h) Class A................. -- -- -- -- (1.30) 8.03 Class B................. -- -- -- -- (1.33) 7.71 Class C................. -- -- -- -- (1.32) 7.67 Class Y................. -- -- -- -- (1.30) 8.19 THE HARTFORD INTERNATIONAL SMALL COMPANY FUND For the Six-Month Period Ended April 30, 2007(h) (Unaudited)(h) Class A................. (0.15) (2.00) -- (2.15) 0.40 16.59 Class B................. (0.08) (2.00) -- (2.08) 0.35 16.07 Class C................. (0.06) (2.00) -- (2.06) 0.34 15.89 Class Y................. (0.19) (2.00) -- (2.19) 0.43 16.80 For the Year Ended October 31, 2006(h) Class A................. (0.25) (1.53) -- (1.78) 1.92 16.19 Class B................. (0.16) (1.53) -- (1.69) 1.81 15.72 Class C................. (0.15) (1.53) -- (1.68) 1.77 15.55 Class Y................. (0.30) (1.53) -- (1.83) 1.96 16.37 For the Year Ended October 31, 2005 Class A................. -- (1.48) -- (1.48) 0.83 14.27 Class B................. -- (1.48) -- (1.48) 0.68 13.91 Class C................. -- (1.48) -- (1.48) 0.66 13.78 Class Y................. (0.04) (1.48) -- (1.52) 0.87 14.41 For the Year Ended October 31, 2004 Class A................. -- (0.87) -- (0.87) 0.51 13.44 Class B................. -- (0.87) -- (0.87) 0.41 13.23 Class C................. -- (0.87) -- (0.87) 0.40 13.12 Class Y................. (0.05) (0.87) -- (0.92) 0.52 13.54 For the Year Ended October 31, 2003(h) Class A................. (0.02) -- -- (0.02) 4.56 12.93 Class B................. -- -- -- -- 4.48 12.82 Class C................. -- -- -- -- 4.44 12.72 Class Y................. (0.06) -- -- (0.06) 4.59 13.02 For the Year Ended October 31, 2002(h) Class A................. -- -- -- -- (0.45) 8.37 Class B................. -- -- -- -- (0.47) 8.34 Class C................. -- -- -- -- (0.50) 8.28 Class Y................. -- -- -- -- (0.41) 8.43 THE HARTFORD LARGECAP GROWTH FUND From (commencement of operations) November 30, 2006, through April 30, 2007 (Unaudited) Class A................. (0.01) -- -- (0.01) 0.51 10.51 Class B................. (0.01) -- -- (0.01) 0.49 10.49 Class C................. (0.01) -- -- (0.01) 0.49 10.49 Class Y................. (0.02) -- -- (0.02) 0.53 10.53 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND -- (CONTINUED) For the Year Ended October 31, 2004 Class A................. 16.20% $ 87,348 1.83% 1.65% 1.65% 0.33% 143% Class B................. 15.40 23,301 2.77 2.35 2.35 (0.39) -- Class C................. 15.39 15,749 2.48 2.35 2.35 (0.38) -- Class Y................. 16.87 4,288 1.09 1.08 1.08 0.82 -- For the Year Ended October 31, 2003 Class A................. 20.30 69,153 1.72 1.65 1.65 0.25 138 Class B................. 19.58 20,459 2.45 2.35 2.35 (0.46) -- Class C................. 19.43 14,790 2.35 2.35 2.35 (0.45) -- Class Y................. 21.00 6,058 1.13 1.13 1.13 0.77 -- For the Year Ended October 31, 2002(h) Class A................. (13.93) 66,775 1.82 1.65 1.65 0.34 175 Class B................. (14.71) 18,668 2.50 2.35 2.35 (0.79) -- Class C................. (14.68) 13,438 2.40 2.35 2.35 (0.64) -- Class Y................. (13.70) 4,543 1.13 1.13 1.13 0.31 -- THE HARTFORD INTERNATIONAL SMALL COMPANY FUND For the Six-Month Period Ended April 30, 2007(h) (Unaudited)(h) Class A................. 17.95(f) 121,245 1.49(e) 1.49(e) 1.49(e) 0.24(e) 55 Class B................. 17.61(f) 17,090 2.43(e) 2.22(e) 2.22(e) (0.56)(e) -- Class C................. 17.58(f) 27,835 2.21(e) 2.21(e) 2.21(e) (0.54)(e) -- Class Y................. 18.21(f) 116,038 1.00(e) 1.00(e) 1.00(e) 0.59(e) -- For the Year Ended October 31, 2006(h) Class A................. 29.36 69,998 1.74 1.60 1.60 0.56 107 Class B................. 28.51 11,960 2.66 2.24 2.24 (0.08) -- Class C................. 28.35 18,486 2.43 2.35 2.35 (0.22) -- Class Y................. 29.89 86,707 1.20 1.20 1.20 0.97 -- For the Year Ended October 31, 2005 Class A................. 18.90 34,896 1.82 1.60 1.60 0.71 112 Class B................. 17.96 6,101 2.78 2.35 2.35 (0.02) -- Class C................. 17.96 12,614 2.46 2.35 2.35 (0.06) -- Class Y................. 19.40 65,828 1.28 1.20 1.20 1.13 -- For the Year Ended October 31, 2004 Class A................. 11.39 23,934 1.99 1.65 1.65 0.90 119 Class B................. 10.62 3,726 2.89 2.35 2.35 0.15 -- Class C................. 10.63 10,072 2.60 2.35 2.35 0.27 -- Class Y................. 11.80 42,449 1.41 1.20 1.20 1.26 -- For the Year Ended October 31, 2003(h) Class A................. 54.76 12,320 2.36 1.65 1.65 0.72 166 Class B................. 53.72 2,237 3.09 2.35 2.35 0.03 -- Class C................. 53.62 3,004 2.96 2.35 2.35 (0.03) -- Class Y................. 55.47 25,154 1.64 1.20 1.20 0.93 -- For the Year Ended October 31, 2002(h) Class A................. (5.10) 4,598 3.09 1.65 1.65 0.44 194 Class B................. (5.34) 926 3.81 2.35 2.35 (0.26) -- Class C................. (5.70) 859 3.53 2.35 2.35 (0.26) -- Class Y................. (4.64) 969 1.91 1.20 1.20 0.89 -- THE HARTFORD LARGECAP GROWTH FUND From (commencement of operations) November 30, 2006, through April 30, 2007 (Unaudited) Class A................. 5.23(f) 10,057 1.53(e) 1.25(e) 1.25(e) (0.06)(e) 53 Class B................. 4.97(f) 313 2.36(e) 2.00(e) 2.00(e) (0.82)(e) -- Class C................. 4.97(f) 470 2.35(e) 2.00(e) 2.00(e) (0.89)(e) -- Class Y................. 5.47(f) 105 1.28(e) 0.85(e) 0.85(e) 0.34(e) --
The accompanying notes are an integral part of these financial statements. 362 - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD MIDCAP FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. $25.31 $ 0.10 $0.02 $ 3.16 $ 3.28 Class B................. 23.35 0.01 0.02 2.87 2.90 Class C................. 23.47 0.02 0.02 2.88 2.92 Class Y................. 26.68 0.18 0.02 3.35 3.55 For the Year Ended October 31, 2006 Class A................. 26.32 (0.03) -- 3.44 3.41 Class B................. 24.77 (0.22) -- 3.22 3.00 Class C................. 24.86 (0.20) -- 3.23 3.03 Class Y................. 27.42 0.08 -- 3.60 3.68 For the Year Ended October 31, 2005 Class A................. 22.61 (0.05) -- 4.24 4.19 Class B................. 21.47 (0.24) -- 4.02 3.78 Class C................. 21.52 (0.22) -- 4.04 3.82 Class Y................. 23.43 0.07 -- 4.40 4.47 For the Year Ended October 31, 2004 Class A................. 20.58 (0.09) -- 2.12 2.03 Class B................. 19.68 (0.25) -- 2.04 1.79 Class C................. 19.71 (0.23) -- 2.04 1.81 Class Y................. 21.21 0.02 -- 2.20 2.22 For the Year Ended October 31, 2003 Class A................. 15.50 (0.08) -- 5.16 5.08 Class B................. 14.93 (0.20) -- 4.95 4.75 Class C................. 14.94 (0.18) -- 4.95 4.77 Class Y................. 15.88 -- -- 5.33 5.33 For the Year Ended October 31, 2002(h) Class A................. 16.57 (0.10) -- (0.97) (1.07) Class B................. 16.07 (0.21) -- (0.93) (1.14) Class C................. 16.08 (0.21) -- (0.93) (1.14) Class Y................. 16.89 (0.02) -- (0.99) (1.01) THE HARTFORD MIDCAP GROWTH FUND For the Six-Month Period Ended April 30, 2007(Unaudited)(h) Class A................. 10.63 0.01 0.02 2.02 2.05 Class B................. 10.61 (0.04) 0.02 2.01 1.99 Class C................. 10.61 (0.03) 0.02 2.00 1.99 Class Y................. 10.64 0.01 0.02 2.04 2.07 From (commencement of operations) July 31, 2006, through October 31, 2006 Class A................. 10.00 (0.01) -- 0.64 0.63 Class B................. 10.00 (0.03) -- 0.64 0.61 Class C................. 10.00 (0.02) -- 0.63 0.61 Class Y................. 10.00 -- -- 0.64 0.64 THE HARTFORD MIDCAP VALUE FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 14.57 0.01 -- 2.02 2.03 Class B................. 13.93 (0.05) -- 1.93 1.88 Class C................. 13.93 (0.04) -- 1.93 1.89 Class Y................. 15.00 0.15 0.02 1.98 2.15 For the Year Ended October 31, 2006 Class A................. 13.29 0.01 -- 2.59 2.60 Class B................. 12.85 (0.10) -- 2.50 2.40 Class C................. 12.85 (0.10) -- 2.50 2.40 Class Y................. 13.59 0.08 -- 2.65 2.73 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD MIDCAP FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. $ -- $(4.02) $ -- $ (4.02) $(0.74) $24.57 Class B................. -- (4.02) -- (4.02) (1.12) 22.23 Class C................. -- (4.02) -- (4.02) (1.10) 22.37 Class Y................. -- (4.02) -- (4.02) (0.47) 26.21 For the Year Ended October 31, 2006 Class A................. -- (4.42) -- (4.42) (1.01) 25.31 Class B................. -- (4.42) -- (4.42) (1.42) 23.35 Class C................. -- (4.42) -- (4.42) (1.39) 23.47 Class Y................. -- (4.42) -- (4.42) (0.74) 26.68 For the Year Ended October 31, 2005 Class A................. -- (0.48) -- (0.48) 3.71 26.32 Class B................. -- (0.48) -- (0.48) 3.30 24.77 Class C................. -- (0.48) -- (0.48) 3.34 24.86 Class Y................. -- (0.48) -- (0.48) 3.99 27.42 For the Year Ended October 31, 2004 Class A................. -- -- -- -- 2.03 22.61 Class B................. -- -- -- -- 1.79 21.47 Class C................. -- -- -- -- 1.81 21.52 Class Y................. -- -- -- -- 2.22 23.43 For the Year Ended October 31, 2003 Class A................. -- -- -- -- 5.08 20.58 Class B................. -- -- -- -- 4.75 19.68 Class C................. -- -- -- -- 4.77 19.71 Class Y................. -- -- -- -- 5.33 21.21 For the Year Ended October 31, 2002(h) Class A................. -- -- -- -- (1.07) 15.50 Class B................. -- -- -- -- (1.14) 14.93 Class C................. -- -- -- -- (1.14) 14.94 Class Y................. -- -- -- -- (1.01) 15.88 THE HARTFORD MIDCAP GROWTH FUND For the Six-Month Period Ended April 30, 2007(Unaudited)(h) Class A................. (0.04) (0.08) -- (0.12) 1.93 12.56 Class B................. (0.01) (0.08) -- (0.09) 1.90 12.51 Class C................. (0.03) (0.08) -- (0.11) 1.88 12.49 Class Y................. (0.06) (0.08) -- (0.14) 1.93 12.57 From (commencement of operations) July 31, 2006, through October 31, 2006 Class A................. -- -- -- -- 0.63 10.63 Class B................. -- -- -- -- 0.61 10.61 Class C................. -- -- -- -- 0.61 10.61 Class Y................. -- -- -- -- 0.64 10.64 THE HARTFORD MIDCAP VALUE FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. -- (1.91) -- (1.91) 0.12 14.69 Class B................. -- (1.91) -- (1.91) (0.03) 13.90 Class C................. -- (1.91) -- (1.91) (0.02) 13.91 Class Y................. -- (1.91) -- (1.91) 0.24 15.24 For the Year Ended October 31, 2006 Class A................. -- (1.32) -- (1.32) 1.28 14.57 Class B................. -- (1.32) -- (1.32) 1.08 13.93 Class C................. -- (1.32) -- (1.32) 1.08 13.93 Class Y................. -- (1.32) -- (1.32) 1.41 15.00 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD MIDCAP FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 15.09%(f)(i) $ 2,063,334 1.24%(e) 1.24%(e) 1.24%(e) 0.84%(e) 30% Class B................. 14.66(f)(i) 467,387 2.01(e) 2.01(e) 2.01(e) 0.11(e) -- Class C................. 14.68(f)(i) 520,128 1.93(e) 1.93(e) 1.93(e) 0.19(e) -- Class Y................. 15.37(f)(i) 182,172 0.80(e) 0.80(e) 0.80(e) 1.38(e) -- For the Year Ended October 31, 2006 Class A................. 14.84 1,837,361 1.27 1.27 1.27 (0.13) 84 Class B................. 13.97 449,488 2.04 2.04 2.04 (0.90) -- Class C................. 14.06 499,039 1.96 1.96 1.96 (0.82) -- Class Y................. 15.31 184,149 0.81 0.81 0.81 0.33 -- For the Year Ended October 31, 2005 Class A................. 18.85 1,677,327 1.30 1.30 1.30 (0.20) 74 Class B................. 17.92 464,175 2.08 2.08 2.08 (0.98) -- Class C................. 18.07 499,502 1.99 1.99 1.99 (0.89) -- Class Y................. 19.40 139,273 0.83 0.83 0.83 0.26 -- For the Year Ended October 31, 2004 Class A................. 9.86 1,544,968 1.37 1.37 1.37 (0.41) 52 Class B................. 9.10 438,658 2.11 2.11 2.11 (1.15) -- Class C................. 9.18 484,268 2.02 2.02 2.02 (1.06) -- Class Y................. 10.47 104,534 0.85 0.85 0.85 0.11 -- For the Year Ended October 31, 2003 Class A................. 32.77 1,413,021 1.50 1.48 1.48 (0.58) 70 Class B................. 31.82 424,959 2.23 2.20 2.20 (1.30) -- Class C................. 31.93 477,891 2.10 2.10 2.10 (1.21) -- Class Y................. 33.56 83,996 0.90 0.90 0.90 (0.01) -- For the Year Ended October 31, 2002(h) Class A................. (6.46) 704,238 1.56 1.45 1.45 (0.65) 109 Class B................. (7.09) 266,650 2.24 2.15 2.15 (1.35) -- Class C................. (7.09) 275,305 2.12 2.12 2.12 (1.31) -- Class Y................. (5.98) 27,319 0.92 0.92 0.92 (0.08) -- THE HARTFORD MIDCAP GROWTH FUND For the Six-Month Period Ended April 30, 2007(Unaudited)(h) Class A................. 19.45(f)(i) 16,471 1.54(e) 0.62(e) 0.62(e) 0.12(e) 169 Class B................. 18.89(f)(i) 805 2.49(e) 1.58(e) 1.58(e) (0.75)(e) -- Class C................. 18.88(f)(i) 1,627 2.44(e) 1.58(e) 1.58(e) (0.68)(e) -- Class Y................. 19.61(f)(i) 127 1.26(e) 0.38(e) 0.38(e) 0.30(e) -- From (commencement of operations) July 31, 2006, through October 31, 2006 Class A................. 6.30(f) 10,334 1.66(e) 1.20(e) 1.20(e) (0.29)(e) 112 Class B................. 6.10(f) 297 2.47(e) 2.05(e) 2.05(e) (1.16)(e) -- Class C................. 6.10(f) 357 2.49(e) 2.07(e) 2.07(e) (1.20)(e) -- Class Y................. 6.40(f) 106 1.41(e) 0.79(e) 0.79(e) 0.12(e) -- THE HARTFORD MIDCAP VALUE FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 15.86(f)(i) 331,213 1.42(e) 1.40(e) 1.40(e) 0.07(e) 16 Class B................. 15.45(f)(i) 66,052 2.26(e) 2.15(e) 2.15(e) (0.67)(e) -- Class C................. 15.53(f)(i) 67,763 2.12(e) 2.12(e) 2.12(e) (0.64)(e) -- Class Y................. 16.23(f)(i) 1,448 0.88(e) 0.88(e) 0.88(e) 0.88(e) -- For the Year Ended October 31, 2006 Class A................. 21.37 305,002 1.45 1.40 1.40 0.06 40 Class B................. 20.46 62,580 2.28 2.15 2.15 (0.69) -- Class C................. 20.45 63,302 2.16 2.15 2.15 (0.69) -- Class Y................. 21.90 31,100 0.94 0.94 0.94 0.48 --
363 HARTFORD MUTUAL FUNDS, INC. AND HARTFORD MUTUAL FUNDS II, INC. FINANCIAL HIGHLIGHTS -- (CONTINUED) - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD MIDCAP VALUE FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. $12.89 $ (0.04) $ -- $ 1.41 $ 1.37 Class B................. 12.59 (0.14) -- 1.37 1.23 Class C................. 12.59 (0.15) -- 1.38 1.23 Class Y................. 13.11 0.01 -- 1.44 1.45 For the Year Ended October 31, 2004 Class A................. 11.32 (0.04) -- 1.61 1.57 Class B................. 11.12 (0.13) -- 1.60 1.47 Class C................. 11.13 (0.13) -- 1.59 1.46 Class Y................. 11.46 (0.01) -- 1.66 1.65 For the Year Ended October 31, 2003(h) Class A................. 8.34 (0.03) -- 3.01 2.98 Class B................. 8.25 (0.09) -- 2.96 2.87 Class C................. 8.25 (0.09) -- 2.97 2.88 Class Y................. 8.39 0.02 -- 3.05 3.07 For the Year Ended October 31, 2002(h) Class A................. 8.48 (0.02) -- (0.12) (0.14) Class B................. 8.46 (0.09) -- (0.12) (0.21) Class C................. 8.46 (0.09) -- (0.12) (0.21) Class Y................. 8.50 0.01 -- (0.12) (0.11) THE HARTFORD MONEY MARKET FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 1.00 0.02 -- -- 0.02 Class B................. 1.00 0.02 -- -- 0.02 Class C................. 1.00 0.02 -- -- 0.02 Class Y................. 1.00 0.02 -- -- 0.02 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 1.00 0.01 -- -- 0.01 Class R4................ 1.00 0.02 -- -- 0.02 Class R5................ 1.00 0.02 -- -- 0.02 For the Year Ended October 31, 2006 Class A................. 1.00 0.04 -- -- 0.04 Class B................. 1.00 0.03 -- -- 0.03 Class C................. 1.00 0.03 -- -- 0.03 Class Y................. 1.00 0.04 -- -- 0.04 For the Year Ended October 31, 2005 Class A................. 1.00 0.02 -- -- 0.02 Class B................. 1.00 0.01 -- -- 0.01 Class C................. 1.00 0.01 -- -- 0.01 Class Y................. 1.00 0.02 -- -- 0.02 For the Year Ended October 31, 2004 Class A................. 1.00 0.0030 -- -- 0.0030 Class B................. 1.00 0.0001 -- -- 0.0001 Class C................. 1.00 0.0001 -- -- 0.0001 Class Y................. 1.00 0.0070 -- -- 0.0070 For the Year Ended October 31, 2003 Class A................. 1.00 0.003 -- -- 0.003 Class B................. 1.00 -- -- -- -- Class C................. 1.00 -- -- -- -- Class Y................. 1.00 0.008 -- -- 0.008 For the Year Ended October 31, 2002(h) Class A................. 1.00 0.011 -- -- 0.011 Class B................. 1.00 0.004 -- -- 0.004 Class C................. 1.00 0.004 -- -- 0.004 Class Y................. 1.00 0.017 -- -- 0.017 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD MIDCAP VALUE FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. $ -- $(0.97) $ -- $ (0.97) $ 0.40 $13.29 Class B................. -- (0.97) -- (0.97) 0.26 12.85 Class C................. -- (0.97) -- (0.97) 0.26 12.85 Class Y................. -- (0.97) -- (0.97) 0.48 13.59 For the Year Ended October 31, 2004 Class A................. -- -- -- -- 1.57 12.89 Class B................. -- -- -- -- 1.47 12.59 Class C................. -- -- -- -- 1.46 12.59 Class Y................. -- -- -- -- 1.65 13.11 For the Year Ended October 31, 2003(h) Class A................. -- -- -- -- 2.98 11.32 Class B................. -- -- -- -- 2.87 11.12 Class C................. -- -- -- -- 2.88 11.13 Class Y................. -- -- -- -- 3.07 11.46 For the Year Ended October 31, 2002(h) Class A................. -- -- -- -- (0.14) 8.34 Class B................. -- -- -- -- (0.21) 8.25 Class C................. -- -- -- -- (0.21) 8.25 Class Y................. -- -- -- -- (0.11) 8.39 THE HARTFORD MONEY MARKET FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.02) -- -- (0.02) -- 1.00 Class B................. (0.02) -- -- (0.02) -- 1.00 Class C................. (0.02) -- -- (0.02) -- 1.00 Class Y................. (0.02) -- -- (0.02) -- 1.00 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ (0.01) -- -- (0.01) -- 1.00 Class R4................ (0.02) -- -- (0.02) -- 1.00 Class R5................ (0.02) -- -- (0.02) -- 1.00 For the Year Ended October 31, 2006 Class A................. (0.04) -- -- (0.04) -- 1.00 Class B................. (0.03) -- -- (0.03) -- 1.00 Class C................. (0.03) -- -- (0.03) -- 1.00 Class Y................. (0.04) -- -- (0.04) -- 1.00 For the Year Ended October 31, 2005 Class A................. (0.02) -- -- (0.02) -- 1.00 Class B................. (0.01) -- -- (0.01) -- 1.00 Class C................. (0.01) -- -- (0.01) -- 1.00 Class Y................. (0.02) -- -- (0.02) -- 1.00 For the Year Ended October 31, 2004 Class A................. (0.0030) -- -- (0.0030) -- 1.00 Class B................. (0.0001) -- -- (0.0001) -- 1.00 Class C................. (0.0001) -- -- (0.0001) -- 1.00 Class Y................. (0.0070) -- -- (0.0070) -- 1.00 For the Year Ended October 31, 2003 Class A................. (0.003) -- -- (0.003) -- 1.00 Class B................. -- -- -- -- -- 1.00 Class C................. -- -- -- -- -- 1.00 Class Y................. (0.008) -- -- (0.008) -- 1.00 For the Year Ended October 31, 2002(h) Class A................. (0.011) -- -- (0.011) -- 1.00 Class B................. (0.004) -- -- (0.004) -- 1.00 Class C................. (0.004) -- -- (0.004) -- 1.00 Class Y................. (0.017) -- -- (0.017) -- 1.00 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD MIDCAP VALUE FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. 11.31% $ 280,662 1.49% 1.40% 1.40% (0.31)% 49% Class B................. 10.40 59,350 2.33 2.15 2.15 (1.06) -- Class C................. 10.40 61,194 2.19 2.15 2.15 (1.06) -- Class Y................. 11.76 39,965 0.96 0.96 0.96 0.13 -- For the Year Ended October 31, 2004 Class A................. 13.87 280,173 1.56 1.45 1.45 (0.03) 46 Class B................. 13.22 60,558 2.36 2.15 2.15 (1.04) -- Class C................. 13.12 67,132 2.20 2.15 2.15 (1.04) -- Class Y................. 14.40 2,474 0.90 0.90 0.90 (0.12) -- For the Year Ended October 31, 2003(h) Class A................. 35.73 155,614 1.60 1.45 1.45 (0.35) 56 Class B................. 34.79 42,407 2.33 2.15 2.15 (1.05) -- Class C................. 34.91 49,566 2.20 2.15 2.15 (1.05) -- Class Y................. 36.59 29 1.03 1.00 1.00 0.16 -- For the Year Ended October 31, 2002(h) Class A................. (1.65) 94,532 1.68 1.45 1.45 (0.23) 40 Class B................. (2.48) 26,556 2.38 2.15 2.15 (0.95) -- Class C................. (2.48) 32,274 2.27 2.15 2.15 (0.96) -- Class Y................. (1.29) 252 1.02 1.00 1.00 0.23 -- THE HARTFORD MONEY MARKET FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 2.22(f) 236,499 1.18(e) 0.95(e) 0.95(e) 4.43(e) N/A Class B................. 1.84(f) 24,995 1.84(e) 1.70(e) 1.70(e) 3.67(e) -- Class C................. 1.83(f) 15,314 1.81(e) 1.70(e) 1.70(e) 3.67(e) -- Class Y................. 2.42(f) 4,586 0.59(e) 0.55(e) 0.55(e) 4.77(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 2.17(f) 10 1.50(e) 1.20(e) 1.20(e) 4.21(e) -- Class R4................ 2.28(f) 10 1.18(e) 0.90(e) 0.90(e) 4.51(e) -- Class R5................ 2.39(f) 10 0.89(e) 0.60(e) 0.60(e) 4.81(e) -- For the Year Ended October 31, 2006 Class A................. 4.00 207,592 1.14 0.95 0.95 3.95 N/A Class B................. 3.22 27,995 1.79 1.70 1.70 3.18 -- Class C................. 3.22 16,997 1.76 1.70 1.70 3.20 -- Class Y................. 4.34 13,628 0.61 0.55 0.55 4.29 -- For the Year Ended October 31, 2005 Class A................. 1.99 182,308 1.22 0.95 0.95 1.96 N/A Class B................. 1.23 30,716 1.88 1.70 1.70 1.16 -- Class C................. 1.23 18,790 1.80 1.70 1.70 1.19 -- Class Y................. 2.40 16,114 0.61 0.55 0.55 2.47 -- For the Year Ended October 31, 2004 Class A................. 0.28 205,442 1.22 1.00 1.00 0.27 N/A Class B................. 0.01 45,836 1.82 1.25 1.25 0.01 -- Class C................. 0.01 26,626 1.77 1.27 1.27 0.01 -- Class Y................. 0.72 9,698 0.56 0.55 0.55 0.96 -- For the Year Ended October 31, 2003 Class A................. 0.32 246,199 1.28 1.00 1.00 0.33 N/A Class B................. 0.00 67,732 2.01 1.33(i) 1.33(i) 0.01 -- Class C................. 0.00 29,955 1.89 1.36(i) 1.36(i) 0.01 -- Class Y................. 0.78 1,162 0.68 0.55 0.55 0.84 -- For the Year Ended October 31, 2002(h) Class A................. 1.09 302,862 1.30 1.00 1.00 1.06 N/A Class B................. 0.43 99,048 1.96 1.70 1.70 0.37 -- Class C................. 0.42 65,894 1.82 1.70 1.70 0.37 -- Class Y................. 1.72 2,815 0.62 0.55 0.55 1.51 --
The accompanying notes are an integral part of these financial statements. 364 - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD RETIREMENT INCOME FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. $ 9.59 $ 0.15 $ -- $ 0.31 $ 0.46 Class B................. 9.59 0.11 -- 0.32 0.43 Class C................. 9.61 0.12 -- 0.30 0.42 Class Y................. 9.60 0.16 -- 0.31 0.47 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 9.66 0.05 -- 0.23 0.28 Class R4................ 9.66 0.06 -- 0.23 0.29 Class R5................ 9.66 0.07 -- 0.23 0.30 For the Year Ended October 31, 2006 Class A................. 9.87 0.62 -- (0.15) 0.47 Class B................. 9.87 0.63 -- (0.24) 0.39 Class C................. 9.87 0.63 -- (0.22) 0.41 Class Y................. 9.86 0.71 -- (0.19) 0.52 From (commencement of operations) September 30, 2005, through October 31, 2005 Class A................. 10.00 0.02 -- (0.14) (0.12) Class B................. 10.00 0.01 -- (0.14) (0.13) Class C................. 10.00 0.01 -- (0.14) (0.13) Class Y................. 10.00 0.01 -- (0.14) (0.13) THE HARTFORD SELECT MIDCAP GROWTH FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. 11.28 (0.02) -- 1.38 1.36 Class B................. 11.14 (0.06) -- 1.37 1.31 Class C................. 11.13 (0.07) -- 1.36 1.29 Class Y................. 11.36 (0.01) -- 1.40 1.39 For the Year Ended October 31, 2006 Class A................. 10.14 (0.08) -- 1.32 1.24 Class B................. 10.08 (0.15) -- 1.31 1.16 Class C................. 10.08 (0.15) -- 1.30 1.15 Class Y................. 10.17 (0.04) -- 1.33 1.29 From (commencement of operations) January 1, 2005, through October 31, 2005 Class A................. 10.06 (0.06) -- 0.14 0.08 Class B................. 10.06 (0.09) -- 0.11 0.02 Class C................. 10.06 (0.09) -- 0.11 0.02 Class Y................. 10.06 (0.05) -- 0.16 0.11 THE HARTFORD SELECT MIDCAP VALUE FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 12.41 0.02 -- 0.96 0.98 Class B................. 12.28 (0.02) -- 0.94 0.92 Class C................. 12.28 (0.02) -- 0.94 0.92 Class Y................. 12.40 0.05 -- 0.96 1.01 For the Year Ended October 31, 2006 Class A................. 10.79 -- -- 1.87 1.87 Class B................. 10.75 (0.10) -- 1.87 1.77 Class C................. 10.75 (0.09) -- 1.86 1.77 Class Y................. 10.81 0.07 -- 1.81 1.88 From (commencement of operations) April 29, 2005, through October 31, 2005 Class A................. 10.00 -- -- 0.79 0.79 Class B................. 10.00 (0.03) -- 0.78 0.75 Class C................. 10.00 (0.03) -- 0.78 0.75 Class Y................. 10.00 0.02 -- 0.79 0.81 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD RETIREMENT INCOME FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. $ (0.18) $ -- $ -- $ (0.18) $ 0.28 $ 9.87 Class B................. (0.14) -- -- (0.14) 0.29 9.88 Class C................. (0.14) -- -- (0.14) 0.28 9.89 Class Y................. (0.19) -- -- (0.19) 0.28 9.88 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ (0.06) -- -- (0.06) 0.22 9.88 Class R4................ (0.07) -- -- (0.07) 0.22 9.88 Class R5................ (0.08) -- -- (0.08) 0.22 9.88 For the Year Ended October 31, 2006 Class A................. (0.75) -- -- (0.75) (0.28) 9.59 Class B................. (0.67) -- -- (0.67) (0.28) 9.59 Class C................. (0.67) -- -- (0.67) (0.26) 9.61 Class Y................. (0.78) -- -- (0.78) (0.26) 9.60 From (commencement of operations) September 30, 2005, through October 31, 2005 Class A................. (0.01) -- -- (0.01) (0.13) 9.87 Class B................. -- -- -- -- (0.13) 9.87 Class C................. -- -- -- -- (0.13) 9.87 Class Y................. (0.01) -- -- (0.01) (0.14) 9.86 THE HARTFORD SELECT MIDCAP GROWTH FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. -- (0.48) -- (0.48) 0.88 12.16 Class B................. -- (0.48) -- (0.48) 0.83 11.97 Class C................. -- (0.48) -- (0.48) 0.81 11.94 Class Y................. -- (0.48) -- (0.48) 0.91 12.27 For the Year Ended October 31, 2006 Class A................. -- (0.10) -- (0.10) 1.14 11.28 Class B................. -- (0.10) -- (0.10) 1.06 11.14 Class C................. -- (0.10) -- (0.10) 1.05 11.13 Class Y................. -- (0.10) -- (0.10) 1.19 11.36 From (commencement of operations) January 1, 2005, through October 31, 2005 Class A................. -- -- -- -- 0.08 10.14 Class B................. -- -- -- -- 0.02 10.08 Class C................. -- -- -- -- 0.02 10.08 Class Y................. -- -- -- -- 0.11 10.17 THE HARTFORD SELECT MIDCAP VALUE FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. -- -- -- -- 0.98 13.39 Class B................. -- -- -- -- 0.92 13.20 Class C................. -- -- -- -- 0.92 13.20 Class Y................. -- -- -- -- 1.01 13.41 For the Year Ended October 31, 2006 Class A................. (0.01) (0.24) -- (0.25) 1.62 12.41 Class B................. -- (0.24) -- (0.24) 1.53 12.28 Class C................. -- (0.24) -- (0.24) 1.53 12.28 Class Y................. (0.05) (0.24) -- (0.29) 1.59 12.40 From (commencement of operations) April 29, 2005, through October 31, 2005 Class A................. -- -- -- -- 0.79 10.79 Class B................. -- -- -- -- 0.75 10.75 Class C................. -- -- -- -- 0.75 10.75 Class Y................. -- -- -- -- 0.81 10.81 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD RETIREMENT INCOME FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 4.83%(f) $ 1,029 7.06%(e) 0.50%(e) 0.50%(e) 2.72%(e) 34% Class B................. 4.54(f) 205 8.30(e) 1.25(e) 1.25(e) 2.25(e) -- Class C................. 4.42(f) 182 8.37(e) 1.25(e) 1.25(e) 2.35(e) -- Class Y................. 4.96(f) 120 7.28(e) 0.20(e) 0.20(e) 3.35(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 4.71(f) 10 7.36(e) 0.91(e) 0.91(e) 1.49(e) -- Class R4................ 4.78(f) 10 7.03(e) 0.58(e) 0.58(e) 1.80(e) -- Class R5................ 4.89(f) 10 6.76(e) 0.30(e) 0.30(e) 2.10(e) -- For the Year Ended October 31, 2006 Class A................. 5.03 420 18.36 0.54 0.54 2.54 37 Class B................. 4.21 173 16.36 1.30 1.30 1.89 -- Class C................. 4.42 161 15.65 1.30 1.30 1.88 -- Class Y................. 5.55 114 15.43 0.24 0.24 2.96 -- From (commencement of operations) September 30, 2005, through October 31, 2005 Class A................. (1.22)(f) 47 0.63(e) 0.53(e) 0.53(e) 4.08(e) 83 Class B................. (1.29)(f) 10 1.36(e) 1.26(e) 1.26(e) 1.76(e) -- Class C................. (1.29)(f) 10 1.36(e) 1.26(e) 1.26(e) 1.76(e) -- Class Y................. (1.30)(f) 10 0.28(e) 0.28(e) 0.28(e) 2.75(e) -- THE HARTFORD SELECT MIDCAP GROWTH FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. 12.49(f) 19,479 1.68(e) 1.39(e) 1.39(e) (0.44)(e) 109 Class B................. 12.18(f) 4,015 2.66(e) 1.99(e) 1.99(e) (1.04)(e) -- Class C................. 12.01(f) 4,340 2.50(e) 2.13(e) 2.13(e) (1.18)(e) -- Class Y................. 12.68(f) 110 1.12(e) 1.03(e) 1.03(e) (0.46)(e) -- For the Year Ended October 31, 2006 Class A................. 12.31 23,542 1.69 1.50 1.50 (0.85) 99 Class B................. 11.58 3,725 2.67 2.11 2.11 (1.46) -- Class C................. 11.48 3,861 2.52 2.26 2.26 (1.60) -- Class Y................. 12.77 28,868 1.13 1.11 1.11 (0.45) -- From (commencement of operations) January 1, 2005, through October 31, 2005 Class A................. 0.80(f) 14,995 2.22(e) 1.50(e) 1.50(e) (0.95)(e) 97 Class B................. 0.20(f) 2,354 3.35(e) 2.25(e) 2.25(e) (1.70)(e) -- Class C................. 0.20(f) 1,741 3.26(e) 2.25(e) 2.25(e) (1.70)(e) -- Class Y................. 1.09(f) 210 1.66(e) 1.10(e) 1.10(e) (0.55)(e) -- THE HARTFORD SELECT MIDCAP VALUE FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 12.40(f) 42,587 1.49(e) 1.37(e) 1.37(e) 0.36(e) 130 Class B................. 12.03(f) 4,624 2.44(e) 2.06(e) 2.06(e) (0.31)(e) -- Class C................. 12.03(f) 8,940 2.26(e) 2.10(e) 2.10(e) (0.36)(e) -- Class Y................. 12.66(f) 4,767 1.06(e) 0.98(e) 0.98(e) 0.67(e) -- For the Year Ended October 31, 2006 Class A................. 17.66 47,937 1.69 1.55 1.55 (0.10) 63 Class B................. 16.79 4,137 2.67 2.30 2.30 (0.84) -- Class C................. 16.79 7,417 2.53 2.30 2.30 (0.84) -- Class Y................. 17.79 20,025 1.33 1.15 1.15 0.26 -- From (commencement of operations) April 29, 2005, through October 31, 2005 Class A................. 7.90(f) 22,423 1.67(e) 1.55(e) 1.55(e) (0.08)(e) 30 Class B................. 7.50(f) 1,714 2.64(e) 2.30(e) 2.30(e) (0.92)(e) -- Class C................. 7.50(f) 2,885 2.53(e) 2.30(e) 2.30(e) (0.96)(e) -- Class Y................. 8.10(f) 541 1.36(e) 1.15(e) 1.15(e) 0.37(e) --
365 HARTFORD MUTUAL FUNDS, INC. AND HARTFORD MUTUAL FUNDS II, INC. FINANCIAL HIGHLIGHTS -- (CONTINUED) - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD SELECT SMALLCAP VALUE FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. $10.96 $ 0.03 $ -- $ 0.88 $ 0.91 Class B................. 10.93 (0.01) -- 0.87 0.86 Class C................. 10.93 (0.01) -- 0.88 0.87 Class Y................. 10.97 0.05 -- 0.87 0.92 From (commencement of operations) July 31, 2006, through October 31, 2006(h) Class A................. 10.00 0.02 -- 0.94 0.96 Class B................. 10.00 -- -- 0.93 0.93 Class C................. 10.00 -- -- 0.93 0.93 Class Y................. 10.00 0.01 -- 0.96 0.97 THE HARTFORD SHORT DURATION FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 9.89 0.22 -- 0.01 0.23 Class B................. 9.90 0.18 -- -- 0.18 Class C................. 9.90 0.18 -- -- 0.18 Class Y................. 9.88 0.23 -- 0.01 0.24 For the Year Ended October 31, 2006 Class A................. 9.85 0.35 -- 0.04 0.39 Class B................. 9.85 0.27 -- 0.05 0.32 Class C................. 9.85 0.27 -- 0.05 0.32 Class Y................. 9.84 0.37 -- 0.04 0.41 For the Year Ended October 31, 2005 Class A................. 10.08 0.33 -- (0.24) 0.09 Class B................. 10.08 0.25 -- (0.23) 0.02 Class C................. 10.08 0.25 -- (0.23) 0.02 Class Y................. 10.07 0.35 -- (0.23) 0.12 For the Year Ended October 31, 2004 Class A................. 10.14 0.30 -- (0.06) 0.24 Class B................. 10.14 0.23 -- (0.06) 0.17 Class C................. 10.14 0.23 -- (0.06) 0.17 From inception November 28, 2003, through October 31, 2004 Class Y................. 10.11 0.30 -- (0.04) 0.26 From inception October 31, 2002, through October 31, 2003 Class A................. 10.00 0.30 -- 0.14 0.44 Class B................. 10.00 0.23 -- 0.14 0.37 Class C................. 10.00 0.23 -- 0.14 0.37 THE HARTFORD SMALL COMPANY FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 21.58 (0.03) 0.03 2.67 2.67 Class B................. 19.97 (0.09) 0.03 2.44 2.38 Class C................. 20.00 (0.10) 0.03 2.44 2.37 Class I................. 21.59 (0.02) -- 2.73 2.71 Class Y................. 22.73 0.02 0.03 2.82 2.87 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 21.95 (0.04) -- 1.76 1.72 Class R4................ 21.95 (0.07) -- 1.81 1.74 Class R5................ 21.95 (0.04) -- 1.81 1.77 For the Year Ended October 31, 2006 Class A................. 18.45 (0.18) -- 3.31 3.13 Class B................. 17.20 (0.36) -- 3.13 2.77 Class C................. 17.22 (0.32) -- 3.10 2.78 Class Y................. 19.33 (0.06) -- 3.46 3.40 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 20.70 (0.01) -- 0.90 0.89 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD SELECT SMALLCAP VALUE FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. $ -- $(0.02) $ -- $ (0.02) $ 0.89 $11.85 Class B................. -- (0.02) -- (0.02) 0.84 11.77 Class C................. -- (0.02) -- (0.02) 0.85 11.78 Class Y................. (0.03) (0.02) -- (0.05) 0.87 11.84 From (commencement of operations) July 31, 2006, through October 31, 2006(h) Class A................. -- -- -- -- 0.96 10.96 Class B................. -- -- -- -- 0.93 10.93 Class C................. -- -- -- -- 0.93 10.93 Class Y................. -- -- -- -- 0.97 10.97 THE HARTFORD SHORT DURATION FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.22) -- -- (0.22) 0.01 9.90 Class B................. (0.18) -- -- (0.18) -- 9.90 Class C................. (0.18) -- -- (0.18) -- 9.90 Class Y................. (0.23) -- -- (0.23) 0.01 9.89 For the Year Ended October 31, 2006 Class A................. (0.35) -- -- (0.35) 0.04 9.89 Class B................. (0.27) -- -- (0.27) 0.05 9.90 Class C................. (0.27) -- -- (0.27) 0.05 9.90 Class Y................. (0.37) -- -- (0.37) 0.04 9.88 For the Year Ended October 31, 2005 Class A................. (0.32) -- -- (0.32) (0.23) 9.85 Class B................. (0.25) -- -- (0.25) (0.23) 9.85 Class C................. (0.25) -- -- (0.25) (0.23) 9.85 Class Y................. (0.35) -- -- (0.35) (0.23) 9.84 For the Year Ended October 31, 2004 Class A................. (0.30) -- -- (0.30) (0.06) 10.08 Class B................. (0.23) -- -- (0.23) (0.06) 10.08 Class C................. (0.23) -- -- (0.23) (0.06) 10.08 From inception November 28, 2003, through October 31, 2004 Class Y................. (0.30) -- -- (0.30) (0.04) 10.07 From inception October 31, 2002, through October 31, 2003 Class A................. (0.30) -- -- (0.30) 0.14 10.14 Class B................. (0.23) -- -- (0.23) 0.14 10.14 Class C................. (0.23) -- -- (0.23) 0.14 10.14 THE HARTFORD SMALL COMPANY FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. -- (1.87) -- (1.87) 0.80 22.38 Class B................. -- (1.87) -- (1.87) 0.51 20.48 Class C................. -- (1.87) -- (1.87) 0.50 20.50 Class I................. -- (1.87) -- (1.87) 0.84 22.43 Class Y................. -- (1.87) -- (1.87) 1.00 23.73 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ -- -- -- -- 1.72 23.67 Class R4................ -- -- -- -- 1.74 23.69 Class R5................ -- -- -- -- 1.77 23.72 For the Year Ended October 31, 2006 Class A................. -- -- -- -- 3.13 21.58 Class B................. -- -- -- -- 2.77 19.97 Class C................. -- -- -- -- 2.78 20.00 Class Y................. -- -- -- -- 3.40 22.73 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. -- -- -- -- 0.89 21.59 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD SELECT SMALLCAP VALUE FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 8.33%(f) $ 18,161 1.35%(e) 1.35%(e) 1.35%(e) 0.66%(e) 30% Class B................. 7.89(f) 430 2.25(e) 2.25(e) 2.25(e) (0.23)(e) -- Class C................. 7.98(f) 436 2.21(e) 2.21(e) 2.21(e) (0.19)(e) -- Class Y................. 8.46(f) 85,874 1.09(e) 1.09(e) 1.09(e) 0.98(e) -- From (commencement of operations) July 31, 2006, through October 31, 2006(h) Class A................. 9.60(f) 15,872 1.73(e) 1.60(e) 1.60(e) 0.78(e) 10 Class B................. 9.30(f) 308 2.53(e) 2.35(e) 2.35(e) 0.03(e) -- Class C................. 9.30(f) 280 2.51(e) 2.35(e) 2.35(e) 0.03(e) -- Class Y................. 9.70(f) 1,538 1.71(e) 1.20(e) 1.20(e) 0.79(e) -- THE HARTFORD SHORT DURATION FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 2.32(f) 26,757 1.05(e) 0.90(e) 0.90(e) 4.46(e) 32 Class B................. 1.83(f) 6,068 1.90(e) 1.65(e) 1.65(e) 3.71(e) -- Class C................. 1.83(f) 12,318 1.80(e) 1.65(e) 1.65(e) 3.71(e) -- Class Y................. 2.46(f) 145,897 0.64(e) 0.64(e) 0.64(e) 4.73(e) -- For the Year Ended October 31, 2006 Class A................. 4.02 26,726 1.10 0.90 0.90 3.53 119 Class B................. 3.33 6,760 1.92 1.65 1.65 2.77 -- Class C................. 3.33 14,382 1.83 1.65 1.65 2.76 -- Class Y................. 4.28 102,198 0.68 0.65 0.65 3.78 -- For the Year Ended October 31, 2005 Class A................. 0.92 29,212 1.05 0.90 0.90 3.23 123 Class B................. 0.17 8,814 1.89 1.65 1.65 2.47 -- Class C................. 0.17 22,973 1.78 1.65 1.65 2.47 -- Class Y................. 1.18 82,439 0.67 0.65 0.65 3.53 -- For the Year Ended October 31, 2004 Class A................. 2.40 39,148 1.06 0.95 0.95 2.95 108 Class B................. 1.68 12,267 1.84 1.65 1.65 2.26 -- Class C................. 1.68 34,949 1.76 1.65 1.65 2.26 -- From inception November 28, 2003, through October 31, 2004 Class Y................. 2.62(f) 31,429 0.61(e) 0.60(e) 0.60(e) 3.03(e) -- From inception October 31, 2002, through October 31, 2003 Class A................. 4.48 32,753 1.34(e) 0.95(e) 0.95(e) 3.14(e) 113 Class B................. 3.77 10,206 2.09(e) 1.65(e) 1.65(e) 2.46(e) -- Class C................. 3.77 30,660 1.96(e) 1.65(e) 1.65(e) 2.44(e) -- THE HARTFORD SMALL COMPANY FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 13.35(f)(i) 240,942 1.41(e) 1.40(e) 1.40(e) (0.27)(e) 98 Class B................. 12.93(f)(i) 53,426 2.28(e) 2.11(e) 2.11(e) (0.92)(e) -- Class C................. 12.86(f)(i) 55,852 2.15(e) 2.15(e) 2.15(e) (1.01)(e) -- Class I................. 13.54(f)(i) 954 1.17(e) 1.05(e) 1.05(e) (0.40)(e) -- Class Y................. 13.57(f)(i) 157,196 0.90(e) 0.90(e) 0.90(e) 0.17(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 13.28(f) 47 1.71(e) 1.65(e) 1.65(e) (1.16)(e) -- Class R4................ 13.38(f) 11 1.47(e) 1.33(e) 1.33(e) (0.92)(e) -- Class R5................ 13.52(f) 11 1.18(e) 1.05(e) 1.05(e) (0.63)(e) -- For the Year Ended October 31, 2006 Class A................. 16.96 194,656 1.48 1.40 1.40 (0.87) 170 Class B................. 16.10 52,036 2.32 2.15 2.15 (1.62) -- Class C................. 16.14 47,744 2.23 2.15 2.15 (1.62) -- Class Y................. 17.59 108,770 0.95 0.95 0.95 (0.39) -- From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 4.30(f) 69 1.38(e) 1.15(e) 1.15(e) (0.58)(e) --
The accompanying notes are an integral part of these financial statements. 366 - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD SMALL COMPANY FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. $15.09 $ (0.16) $ -- $ 3.52 $ 3.36 Class B................. 14.17 (0.29) -- 3.32 3.03 Class C................. 14.19 (0.29) -- 3.32 3.03 Class Y................. 15.74 (0.07) -- 3.66 3.59 For the Year Ended October 31, 2004 Class A................. 14.28 (0.18) -- 0.99 0.81 Class B................. 13.51 (0.27) -- 0.93 0.66 Class C................. 13.52 (0.28) -- 0.95 0.67 Class Y................. 14.83 (0.06) -- 0.97 0.91 For the Year Ended October 31, 2003 Class A................. 9.93 (0.13) -- 4.48 4.35 Class B................. 9.46 (0.20) -- 4.25 4.05 Class C................. 9.47 (0.20) -- 4.25 4.05 Class Y................. 10.27 (0.09) -- 4.65 4.56 For the Year Ended October 31, 2002(h) Class A................. 12.00 (0.12) -- (1.95) (2.07) Class B................. 11.52 (0.20) -- (1.86) (2.06) Class C................. 11.53 (0.20) -- (1.86) (2.06) Class Y................. 12.35 (0.06) -- (2.02) (2.08) THE HARTFORD SMALLCAP GROWTH FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 31.32 (0.01) -- 2.33 2.32 Class B................. 28.12 (0.13) -- 2.10 1.97 Class C................. 28.07 (0.14) -- 2.09 1.95 Class I................. 31.33 0.01 -- 2.34 2.35 Class L(k).............. 31.45 (0.08) -- 2.43 2.35 Class Y................. 31.95 0.08 -- 2.33 2.41 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 32.34 (0.06) -- 2.00 1.94 Class R4................ 32.34 (0.03) -- 2.01 1.98 Class R5................ 32.34 0.01 -- 2.00 2.01 For the Year Ended October 31, 2006 Class A................. 28.30 (0.06) -- 3.08 3.02 Class B................. 25.57 (0.26) -- 2.81 2.55 Class C................. 25.56 (0.27) -- 2.78 2.51 Class L................. 28.36 (0.02) -- 3.11 3.09 Class Y................. 28.74 0.04 -- 3.17 3.21 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 28.90 (0.01) -- 2.44 2.43 For the Year Ended October 31, 2005 Class A................. 24.60 (0.15) -- 3.85 3.70 Class B................. 22.39 (0.32) -- 3.50 3.18 Class C................. 22.39 (0.28) -- 3.45 3.17 Class L................. 24.60 (0.13) -- 3.89 3.76 Class Y................. 24.88 (0.04) -- 3.90 3.86 For the Year Ended October 31, 2004 Class A................. 22.91 (0.15) -- 1.84 1.69 Class B................. 20.99 (0.28) -- 1.68 1.40 Class C................. 20.99 (0.27) -- 1.67 1.40 Class L................. 22.90 (0.19) -- 1.89 1.70 Class Y................. 23.06 (0.02) -- 1.84 1.82 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD SMALL COMPANY FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. $ -- $ -- $ -- $ -- $ 3.36 $18.45 Class B................. -- -- -- -- 3.03 17.20 Class C................. -- -- -- -- 3.03 17.22 Class Y................. -- -- -- -- 3.59 19.33 For the Year Ended October 31, 2004 Class A................. -- -- -- -- 0.81 15.09 Class B................. -- -- -- -- 0.66 14.17 Class C................. -- -- -- -- 0.67 14.19 Class Y................. -- -- -- -- 0.91 15.74 For the Year Ended October 31, 2003 Class A................. -- -- -- -- 4.35 14.28 Class B................. -- -- -- -- 4.05 13.51 Class C................. -- -- -- -- 4.05 13.52 Class Y................. -- -- -- -- 4.56 14.83 For the Year Ended October 31, 2002(h) Class A................. -- -- -- -- (2.07) 9.93 Class B................. -- -- -- -- (2.06) 9.46 Class C................. -- -- -- -- (2.06) 9.47 Class Y................. -- -- -- -- (2.08) 10.27 THE HARTFORD SMALLCAP GROWTH FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. -- -- -- -- 2.32 33.64 Class B................. -- -- -- -- 1.97 30.09 Class C................. -- -- -- -- 1.95 30.02 Class I................. -- -- -- -- 2.35 33.68 Class L(k).............. -- -- -- -- 2.35 33.80 Class Y................. -- -- -- -- 2.41 34.36 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ -- -- -- -- 1.94 34.28 Class R4................ -- -- -- -- 1.98 34.32 Class R5................ -- -- -- -- 2.01 34.35 For the Year Ended October 31, 2006 Class A................. -- -- -- -- 3.02 31.32 Class B................. -- -- -- -- 2.55 28.12 Class C................. -- -- -- -- 2.51 28.07 Class L................. -- -- -- -- 3.09 31.45 Class Y................. -- -- -- -- 3.21 31.95 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. -- -- -- -- 2.43 31.33 For the Year Ended October 31, 2005 Class A................. -- -- -- -- 3.70 28.30 Class B................. -- -- -- -- 3.18 25.57 Class C................. -- -- -- -- 3.17 25.56 Class L................. -- -- -- -- 3.76 28.36 Class Y................. -- -- -- -- 3.86 28.74 For the Year Ended October 31, 2004 Class A................. -- -- -- -- 1.69 24.60 Class B................. -- -- -- -- 1.40 22.39 Class C................. -- -- -- -- 1.40 22.39 Class L................. -- -- -- -- 1.70 24.60 Class Y................. -- -- -- -- 1.82 24.88 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD SMALL COMPANY FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. 22.27% $ 159,577 1.57% 1.40% 1.40% (0.88)% 104% Class B................. 21.38 56,664 2.39 2.15 2.15 (1.63) -- Class C................. 21.35 44,564 2.30 2.15 2.15 (1.63) -- Class Y................. 22.81 43,274 0.97 0.97 0.97 (0.43) -- For the Year Ended October 31, 2004 Class A................. 5.67 156,278 1.62 1.45 1.45 (1.15) 142 Class B................. 4.88 58,438 2.40 2.15 2.15 (1.85) -- Class C................. 4.96 49,327 2.30 2.15 2.15 (1.85) -- Class Y................. 6.14 15,731 0.99 0.99 0.99 (0.71) -- For the Year Ended October 31, 2003 Class A................. 43.81 141,327 1.63 1.45 1.45 (1.19) 179 Class B................. 42.81 58,286 2.36 2.15 2.15 (1.89) -- Class C................. 42.77 52,010 2.23 2.15 2.15 (1.88) -- Class Y................. 44.40 14,472 1.05 1.00 1.00 (0.73) -- For the Year Ended October 31, 2002(h) Class A................. (17.25) 96,302 1.64 1.45 1.45 (0.97) 226 Class B................. (17.88) 41,439 2.31 2.15 2.15 (1.67) -- Class C................. (17.87) 38,938 2.20 2.15 2.15 (1.65) -- Class Y................. (16.84) 10,834 1.00 1.00 1.00 (0.53) -- THE HARTFORD SMALLCAP GROWTH FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 7.41(f)(i) 274,106 1.61(e) 1.23(e) 1.23(e) (0.09)(e) 42 Class B................. 7.01(f)(i) 19,082 2.41(e) 2.00(e) 2.00(e) (0.85)(e) -- Class C................. 6.95(f)(i) 25,992 2.21(e) 2.15(e) 2.15(e) (1.00)(e) -- Class I................. 7.50(f)(i) 2,730 1.17(e) 1.03(e) 1.03(e) 0.06(e) -- Class L(k).............. 7.47(f)(i) 148,333 1.15(e) 1.14(e) 1.14(e) (0.55)(e) -- Class Y................. 7.54(f)(i) 15,556 0.88(e) 0.88(e) 0.88(e) 0.35(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 7.29(f) 11 1.80(e) 1.65(e) 1.65(e) (0.56)(e) -- Class R4................ 7.42(f) 11 1.49(e) 1.35(e) 1.35(e) (0.25)(e) -- Class R5................ 7.51(f) 11 1.20(e) 1.05(e) 1.05(e) 0.04(e) -- For the Year Ended October 31, 2006 Class A................. 10.67 228,776 1.56 1.36 1.36 (0.30) 86 Class B................. 9.97 19,078 2.39 2.02 2.02 (0.95) -- Class C................. 9.82 24,070 2.25 2.15 2.15 (1.08) -- Class L................. 10.90 118,452 1.15 1.15 1.15 (0.08) -- Class Y................. 11.17 107,906 0.92 0.92 0.92 0.15 -- From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 8.41(f) 239 1.28(e) 1.16(e) 1.16(e) (0.43)(e) -- For the Year Ended October 31, 2005 Class A................. 15.04 66,403 1.62 1.40 1.40 (0.65) 81 Class B................. 14.20 16,230 2.51 2.15 2.15 (1.40) -- Class C................. 14.16 15,668 2.33 2.15 2.15 (1.40) -- Class L................. 15.28 119,114 1.21 1.21 1.21 (0.46) -- Class Y................. 15.52 55,933 0.98 0.98 0.98 (0.23) -- For the Year Ended October 31, 2004 Class A................. 7.38 42,962 1.77 1.45 1.45 (0.81) 102 Class B................. 6.67 11,930 2.59 2.15 2.15 (1.51) -- Class C................. 6.67 10,140 2.38 2.15 2.15 (1.51) -- Class L................. 7.42 114,266 1.43 1.43 1.43 (0.79) -- Class Y................. 7.89 5,788 1.03 1.03 1.03 (0.47) --
367 HARTFORD MUTUAL FUNDS, INC. AND HARTFORD MUTUAL FUNDS II, INC. FINANCIAL HIGHLIGHTS -- (CONTINUED) - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD SMALLCAP GROWTH FUND -- (CONTINUED) For the Year Ended October 31, 2003 Class A................. $15.57 $ (0.09) $ -- $ 7.43 $ 7.34 Class B................. 14.36 (0.15) -- 6.78 6.63 Class C................. 14.35 (0.16) -- 6.80 6.64 Class L................. 15.56 (0.15) -- 7.49 7.34 Class Y................. 15.61 (0.08) -- 7.53 7.45 For the Period February 19, 2002 through October 31, 2002 Class A................. 20.21 (0.06) -- (4.58) (4.64) Class B................. 18.73 (0.08) -- (4.29) (4.37) Class C................. 18.73 (0.09) -- (4.29) (4.38) Class Y................. 20.21 (0.08) -- (4.52) (4.60) For the Year Ended October 31, 2002 Class L................. 19.04 (0.20) -- (2.95) (3.15) THE HARTFORD STOCK FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 21.04 0.04 0.03 1.95 2.02 Class B................. 19.58 (0.08) 0.03 1.85 1.80 Class C................. 19.73 (0.05) 0.03 1.85 1.83 Class Y................. 21.95 0.12 0.03 2.02 2.17 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 22.66 -- -- 1.20 1.20 Class R4................ 22.66 0.02 -- 1.21 1.23 Class R5................ 22.66 0.04 -- 1.21 1.25 For the Year Ended October 31, 2006(h) Class A................. 18.39 0.11 -- 2.58 2.69 Class B................. 17.23 (0.05) -- 2.40 2.35 Class C................. 17.35 (0.04) -- 2.42 2.38 Class Y................. 19.18 0.21 -- 2.70 2.91 For the Year Ended October 31, 2005 Class A................. 16.76 0.16 -- 1.57 1.73 Class B................. 15.76 -- -- 1.47 1.47 Class C................. 15.84 0.04 -- 1.47 1.51 Class Y................. 17.49 0.24 -- 1.66 1.90 For the Year Ended October 31, 2004 Class A................. 16.21 0.03 -- 0.52 0.55 Class B................. 15.35 (0.10) -- 0.51 0.41 Class C................. 15.41 (0.08) -- 0.51 0.43 Class Y................. 16.81 0.10 -- 0.58 0.68 For the Year Ended October 31, 2003 Class A................. 13.73 0.04 -- 2.44 2.48 Class B................. 13.10 (0.07) -- 2.32 2.25 Class C................. 13.13 (0.05) -- 2.33 2.28 Class Y................. 14.15 0.12 -- 2.54 2.66 For the Year Ended October 31, 2002(h) Class A................. 16.89 -- -- (3.16) (3.16) Class B................. 16.24 (0.12) -- (3.02) (3.14) Class C................. 16.23 (0.08) -- (3.02) (3.10) Class Y................. 17.31 0.10 -- (3.26) (3.16) THE HARTFORD TARGET RETIREMENT 2010 FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 9.65 0.15 -- 0.47 0.62 Class B................. 9.65 0.11 -- 0.47 0.58 Class C................. 9.64 0.11 -- 0.46 0.57 Class Y................. 9.65 0.16 -- 0.47 0.63 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD SMALLCAP GROWTH FUND -- (CONTINUED) For the Year Ended October 31, 2003 Class A................. $ -- $ -- $ -- $ -- $ 7.34 $22.91 Class B................. -- -- -- -- 6.63 20.99 Class C................. -- -- -- -- 6.64 20.99 Class L................. -- -- -- -- 7.34 22.90 Class Y................. -- -- -- -- 7.45 23.06 For the Period February 19, 2002 through October 31, 2002 Class A................. -- -- -- -- (4.64) 15.57 Class B................. -- -- -- -- (4.37) 14.36 Class C................. -- -- -- -- (4.38) 14.35 Class Y................. -- -- -- -- (4.60) 15.61 For the Year Ended October 31, 2002 Class L................. -- (0.33) -- (0.33) (3.48) 15.56 THE HARTFORD STOCK FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.10) -- -- (0.10) 1.92 22.96 Class B................. -- -- -- -- 1.80 21.38 Class C................. -- -- -- -- 1.83 21.56 Class Y................. (0.20) -- -- (0.20) 1.97 23.92 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ -- -- -- -- 1.20 23.86 Class R4................ -- -- -- -- 1.23 23.89 Class R5................ -- -- -- -- 1.25 23.91 For the Year Ended October 31, 2006(h) Class A................. (0.04) -- -- (0.04) 2.65 21.04 Class B................. -- -- -- -- 2.35 19.58 Class C................. -- -- -- -- 2.38 19.73 Class Y................. (0.14) -- -- (0.14) 2.77 21.95 For the Year Ended October 31, 2005 Class A................. (0.10) -- -- (0.10) 1.63 18.39 Class B................. -- -- -- -- 1.47 17.23 Class C................. -- -- -- -- 1.51 17.35 Class Y................. (0.21) -- -- (0.21) 1.69 19.18 For the Year Ended October 31, 2004 Class A................. -- -- -- -- 0.55 16.76 Class B................. -- -- -- -- 0.41 15.76 Class C................. -- -- -- -- 0.43 15.84 Class Y................. -- -- -- -- 0.68 17.49 For the Year Ended October 31, 2003 Class A................. -- -- -- -- 2.48 16.21 Class B................. -- -- -- -- 2.25 15.35 Class C................. -- -- -- -- 2.28 15.41 Class Y................. -- -- -- -- 2.66 16.81 For the Year Ended October 31, 2002(h) Class A................. -- -- -- -- (3.16) 13.73 Class B................. -- -- -- -- (3.14) 13.10 Class C................. -- -- -- -- (3.10) 13.13 Class Y................. -- -- -- -- (3.16) 14.15 THE HARTFORD TARGET RETIREMENT 2010 FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.16) -- -- (0.16) 0.46 10.11 Class B................. (0.13) -- -- (0.13) 0.45 10.10 Class C................. (0.12) -- -- (0.12) 0.45 10.09 Class Y................. (0.17) -- -- (0.17) 0.46 10.11 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD SMALLCAP GROWTH FUND -- (CONTINUED) For the Year Ended October 31, 2003 Class A................. 47.14% $ 17,544 1.61% 1.45% 1.45% (0.83)% 122% Class B................. 46.17 6,571 2.31 2.15 2.15 (1.53) -- Class C................. 46.27 5,076 2.22 2.15 2.15 (1.53) -- Class L................. 47.17 112,621 1.50 1.45 1.45 (0.80) -- Class Y................. 47.72 1 1.11 1.10 1.10 (0.46) -- For the Period February 19, 2002 through October 31, 2002 Class A................. (22.97)(f) 3,457 1.82(e) 1.45(e) 1.45(e) (0.93)(e) 93 Class B................. (23.31)(f) 1,756 2.52(e) 2.15(e) 2.15(e) (1.60)(e) -- Class C................. (23.37)(f) 1,432 2.38(e) 2.15(e) 2.15(e) (1.60)(e) -- Class Y................. (22.77)(f) 1 1.06(e) 1.00(e) 1.00(e) (0.60)(e) -- For the Year Ended October 31, 2002 Class L................. (16.92) 86,414 1.50 1.45 1.45 (1.06) -- THE HARTFORD STOCK FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 9.61(f)(i) 690,516 1.39(e) 1.28(e) 1.28(e) 0.29(e) 48 Class B................. 9.19(f)(i) 198,998 2.23(e) 2.13(e) 2.13(e) (0.56)(e) -- Class C................. 9.28(f)(i) 155,777 2.05(e) 2.00(e) 2.00(e) (0.43)(e) -- Class Y................. 9.91(f)(i) 131,289 0.82(e) 0.77(e) 0.77(e) 0.81(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 9.64(f) 10 1.70(e) 1.52(e) 1.52(e) (0.13)(e) -- Class R4................ 9.78(f) 42 1.26(e) 1.21(e) 1.21(e) 0.19(e) -- Class R5................ 9.87(f) 11 1.12(e) 0.93(e) 0.93(e) 0.47(e) -- For the Year Ended October 31, 2006(h) Class A................. 14.65 684,726 1.41 1.28 1.28 0.53 110 Class B................. 13.64 223,639 2.23 2.12 2.12 (0.30) -- Class C................. 13.72 161,554 2.08 2.03 2.03 (0.21) -- Class Y................. 15.21 131,759 0.83 0.78 0.78 1.03 -- For the Year Ended October 31, 2005 Class A................. 10.36 727,492 1.42 1.33 1.33 0.89 62 Class B................. 9.33 278,445 2.23 2.23 2.23 (0.02) -- Class C................. 9.53 182,587 2.09 2.09 2.09 0.17 -- Class Y................. 10.91 107,578 0.83 0.83 0.83 1.24 -- For the Year Ended October 31, 2004 Class A................. 3.39 952,606 1.42 1.42 1.42 0.18 29 Class B................. 2.67 343,148 2.18 2.18 2.18 (0.59) -- Class C................. 2.79 256,271 2.03 2.03 2.03 (0.44) -- Class Y................. 4.04 80,932 0.80 0.80 0.80 0.80 -- For the Year Ended October 31, 2003 Class A................. 18.06 976,663 1.47 1.45 1.45 0.26 37 Class B................. 17.18 376,437 2.20 2.18 2.18 (0.47) -- Class C................. 17.36 311,874 2.07 2.07 2.07 (0.36) -- Class Y................. 18.80 42,894 0.88 0.88 0.88 0.84 -- For the Year Ended October 31, 2002(h) Class A................. (18.71) 880,371 1.47 1.42 1.42 (0.01) 48 Class B................. (19.34) 351,382 2.15 2.15 2.15 (0.74) -- Class C................. (19.10) 313,173 2.03 2.03 2.03 (0.62) -- Class Y................. (18.26) 34,116 0.85 0.85 0.85 0.58 -- THE HARTFORD TARGET RETIREMENT 2010 FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 6.45(f) 6,364 2.42(e) 0.50(e) 0.50(e) 2.46(e) 32 Class B................. 6.05(f) 449 3.42(e) 1.25(e) 1.25(e) 2.04(e) -- Class C................. 6.00(f) 547 3.42(e) 1.24(e) 1.24(e) 2.25(e) -- Class Y................. 6.56(f) 144 2.39(e) 0.19(e) 0.19(e) 3.33(e) --
The accompanying notes are an integral part of these financial statements. 368 - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD TARGET RETIREMENT 2010 FUND(G) -- (CONTINUED) From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ $ 9.76 $ 0.03 $ -- $ 0.35 $ 0.38 Class R4................ 9.76 0.04 -- 0.34 0.38 Class R5................ 9.76 0.06 -- 0.34 0.40 For the Year Ended October 31, 2006 Class A................. 9.82 0.47 -- 0.22 0.69 Class B................. 9.82 0.34 -- 0.27 0.61 Class C................. 9.82 0.40 -- 0.21 0.61 Class Y................. 9.83 0.50 -- 0.21 0.71 From (commencement of operations) September 30, 2005, through October 31, 2005 Class A................. 10.00 0.02 -- (0.20) (0.18) Class B................. 10.00 0.01 -- (0.19) (0.18) Class C................. 10.00 0.01 -- (0.19) (0.18) Class Y................. 10.00 0.02 -- (0.19) (0.17) THE HARTFORD TARGET RETIREMENT 2020 FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 10.43 0.15 -- 0.65 0.80 Class B................. 10.42 0.13 -- 0.63 0.76 Class C................. 10.42 0.11 -- 0.65 0.76 Class Y................. 10.43 0.16 -- 0.65 0.81 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 10.55 0.01 -- 0.48 0.49 Class R4................ 10.55 0.03 -- 0.46 0.49 Class R5................ 10.55 0.04 -- 0.47 0.51 For the Year Ended October 31, 2006(h) Class A................. 9.79 0.13 -- 0.86 0.99 Class B................. 9.78 0.04 -- 0.88 0.92 Class C................. 9.78 0.04 -- 0.88 0.92 Class Y................. 9.79 0.27 -- 0.75 1.02 From (commencement of operations) September 30, 2005, through October 31, 2005 Class A................. 10.00 0.01 -- (0.22) (0.21) Class B................. 10.00 0.01 -- (0.23) (0.22) Class C................. 10.00 0.01 -- (0.23) (0.22) Class Y................. 10.00 0.01 -- (0.22) (0.21) THE HARTFORD TARGET RETIREMENT 2030 FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 9.36 0.11 -- 0.72 0.83 Class B................. 9.36 0.06 -- 0.73 0.79 Class C................. 9.37 0.06 -- 0.74 0.80 Class Y................. 9.36 0.11 -- 0.73 0.84 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 9.52 (0.01) -- 0.52 0.51 Class R4................ 9.52 -- -- 0.52 0.52 Class R5................ 9.52 0.01 -- 0.52 0.53 For the Year Ended October 31, 2006(h) Class A................. 9.75 0.03 -- 0.87 0.90 Class B................. 9.74 (0.02) -- 0.86 0.84 Class C................. 9.74 -- -- 0.85 0.85 Class Y................. 9.75 0.10 -- 0.84 0.94 From (commencement of operations) September 30, 2005, through October 31, 2005 Class A................. 10.00 0.01 -- (0.26) (0.25) Class B................. 10.00 -- -- (0.26) (0.26) Class C................. 10.00 -- -- (0.26) (0.26) Class Y................. 10.00 0.01 -- (0.26) (0.25) -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD TARGET RETIREMENT 2010 FUND(G) -- (CONTINUED) From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ $ (0.03) $ -- $ -- $ (0.03) $ 0.35 $10.11 Class R4................ (0.03) -- -- (0.03) 0.35 10.11 Class R5................ (0.04) -- -- (0.04) 0.36 10.12 For the Year Ended October 31, 2006 Class A................. (0.50) -- (0.36) (0.86) (0.17) 9.65 Class B................. (0.42) -- (0.36) (0.78) (0.17) 9.65 Class C................. (0.43) -- (0.36) (0.79) (0.18) 9.64 Class Y................. (0.53) -- (0.36) (0.89) (0.18) 9.65 From (commencement of operations) September 30, 2005, through October 31, 2005 Class A................. -- -- -- -- (0.18) 9.82 Class B................. -- -- -- -- (0.18) 9.82 Class C................. -- -- -- -- (0.18) 9.82 Class Y................. -- -- -- -- (0.17) 9.83 THE HARTFORD TARGET RETIREMENT 2020 FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.16) (0.04) -- (0.20) 0.60 11.03 Class B................. (0.10) (0.04) -- (0.14) 0.62 11.04 Class C................. (0.12) (0.04) -- (0.16) 0.60 11.02 Class Y................. (0.17) (0.04) -- (0.21) 0.60 11.03 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ (0.02) -- -- (0.02) 0.47 11.02 Class R4................ (0.02) -- -- (0.02) 0.47 11.02 Class R5................ (0.03) -- -- (0.03) 0.48 11.03 For the Year Ended October 31, 2006(h) Class A................. (0.35) -- -- (0.35) 0.64 10.43 Class B................. (0.28) -- -- (0.28) 0.64 10.42 Class C................. (0.28) -- -- (0.28) 0.64 10.42 Class Y................. (0.38) -- -- (0.38) 0.64 10.43 From (commencement of operations) September 30, 2005, through October 31, 2005 Class A................. -- -- -- -- (0.21) 9.79 Class B................. -- -- -- -- (0.22) 9.78 Class C................. -- -- -- -- (0.22) 9.78 Class Y................. -- -- -- -- (0.21) 9.79 THE HARTFORD TARGET RETIREMENT 2030 FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.13) (0.01) -- (0.14) 0.69 10.05 Class B................. (0.08) (0.01) -- (0.09) 0.70 10.06 Class C................. (0.09) (0.01) -- (0.10) 0.70 10.07 Class Y................. (0.13) (0.01) -- (0.14) 0.70 10.06 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ -- -- -- -- 0.51 10.03 Class R4................ -- -- -- -- 0.52 10.04 Class R5................ -- -- -- -- 0.53 10.05 For the Year Ended October 31, 2006(h) Class A................. (0.49) -- (0.80) (1.29) (0.39) 9.36 Class B................. (0.42) -- (0.80) (1.22) (0.38) 9.36 Class C................. (0.42) -- (0.80) (1.22) (0.37) 9.37 Class Y................. (0.53) -- (0.80) (1.33) (0.39) 9.36 From (commencement of operations) September 30, 2005, through October 31, 2005 Class A................. -- -- -- -- (0.25) 9.75 Class B................. -- -- -- -- (0.26) 9.74 Class C................. -- -- -- -- (0.26) 9.74 Class Y................. -- -- -- -- (0.25) 9.75 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD TARGET RETIREMENT 2010 FUND(G) -- (CONTINUED) From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 6.38%(f) $ 10 2.93%(e) 0.90%(e) 0.90%(e) 0.99%(e) --% Class R4................ 6.45(f) 10 2.59(e) 0.57(e) 0.57(e) 1.29(e) -- Class R5................ 6.64(f) 10 2.32(e) 0.30(e) 0.30(e) 1.59(e) -- For the Year Ended October 31, 2006 Class A................. 7.43 1,618 7.64 0.54 0.54 2.01 10 Class B................. 6.58 226 10.93 1.29 1.29 1.24 -- Class C................. 6.53 475 10.92 1.30 1.30 1.63 -- Class Y................. 7.62 135 9.70 0.23 0.23 2.31 -- From (commencement of operations) September 30, 2005, through October 31, 2005 Class A................. (1.80)(f) 11 0.65(e) 0.49(e) 0.49(e) 2.53(e) 12 Class B................. (1.80)(f) 10 1.41(e) 1.26(e) 1.26(e) 1.61(e) -- Class C................. (1.80)(f) 10 1.41(e) 1.27(e) 1.27(e) 1.60(e) -- Class Y................. (1.70)(f) 10 0.32(e) 0.21(e) 0.21(e) 2.65(e) -- THE HARTFORD TARGET RETIREMENT 2020 FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 7.80(f) 10,110 1.95(e) 0.50(e) 0.50(e) 1.84(e) 18 Class B................. 7.43(f) 467 3.25(e) 1.08(e) 1.08(e) 2.22(e) -- Class C................. 7.38(f) 495 3.00(e) 1.25(e) 1.25(e) 1.90(e) -- Class Y................. 7.90(f) 12 1.90(e) 0.20(e) 0.20(e) 3.03(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 7.62(f) 10 2.43(e) 0.90(e) 0.90(e) 0.37(e) -- Class R4................ 7.70(f) 10 2.09(e) 0.58(e) 0.58(e) 0.68(e) -- Class R5................ 7.87(f) 10 1.83(e) 0.30(e) 0.30(e) 0.97(e) -- For the Year Ended October 31, 2006(h) Class A................. 10.37 2,125 10.15 0.53 0.53 1.35 19 Class B................. 9.56 291 9.51 1.29 1.29 0.39 -- Class C................. 9.58 337 9.87 1.30 1.30 0.41 -- Class Y................. 10.70 11 10.87 0.22 0.22 2.73 -- From (commencement of operations) September 30, 2005, through October 31, 2005 Class A................. (2.10)(f) 144 0.66(e) 0.51(e) 0.51(e) 2.77(e) 28 Class B................. (2.20)(f) 10 1.37(e) 1.25(e) 1.25(e) 0.86(e) -- Class C................. (2.20)(f) 10 1.37(e) 1.26(e) 1.26(e) 0.85(e) -- Class Y................. (2.10)(f) 10 0.29(e) 0.20(e) 0.20(e) 1.91(e) -- THE HARTFORD TARGET RETIREMENT 2030 FUND(G) For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 8.91(f) 8,355 2.05(e) 0.51(e) 0.51(e) 1.11(e) 27 Class B................. 8.47(f) 355 3.50(e) 1.17(e) 1.17(e) 1.23(e) -- Class C................. 8.60(f) 272 3.22(e) 1.17(e) 1.17(e) 0.66(e) -- Class Y................. 8.96(f) 35 2.00(e) 0.20(e) 0.20(e) 2.35(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 8.64(f) 10 2.48(e) 0.91(e) 0.91(e) (0.36)(e) -- Class R4................ 8.75(f) 10 2.15(e) 0.59(e) 0.59(e) (0.05)(e) -- Class R5................ 8.86(f) 11 1.88(e) 0.31(e) 0.31(e) 0.24(e) -- For the Year Ended October 31, 2006(h) Class A................. 10.00 1,857 13.00 0.53 0.53 0.37 19 Class B................. 9.22 305 15.15 1.24 1.24 (0.28) -- Class C................. 9.35 81 19.26 1.10 1.10 (0.00) -- Class Y................. 10.40 32 22.78 0.21 0.21 1.10 -- From (commencement of operations) September 30, 2005, through October 31, 2005 Class A................. (2.50)(f) 10 0.69(e) 0.48(e) 0.48(e) 0.76(e) 14 Class B................. (2.60)(f) 10 1.39(e) 1.24(e) 1.24(e) --(e) -- Class C................. (2.60)(f) 9 1.39(e) 1.24(e) 1.24(e) --(e) -- Class Y................. (2.50)(f) 10 0.34(e) 0.19(e) 0.19(e) 1.05(e) --
369 HARTFORD MUTUAL FUNDS, INC. AND HARTFORD MUTUAL FUNDS II, INC. FINANCIAL HIGHLIGHTS -- (CONTINUED) - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD TAX-FREE CALIFORNIA FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. $10.55 $ 0.20 $ -- $(0.02) $ 0.18 Class B................. 10.54 0.16 -- (0.02) 0.14 Class C................. 10.56 0.16 -- (0.02) 0.14 For the Year Ended October 31, 2006 Class A................. 10.32 0.38 -- 0.24 0.62 Class B................. 10.31 0.30 -- 0.24 0.54 Class C................. 10.33 0.30 -- 0.24 0.54 For the Year Ended October 31, 2005 Class A................. 10.32 0.38 -- -- 0.38 Class B................. 10.31 0.29 -- 0.01 0.30 Class C................. 10.33 0.29 -- 0.01 0.30 For the Year Ended October 31, 2004 Class A................. 9.93 0.38 -- 0.41 0.79 Class B................. 9.92 0.34 -- 0.38 0.72 Class C................. 9.93 0.32 -- 0.41 0.73 From inception October 31, 2002, through October 31, 2003 Class A................. 10.00 0.37 -- (0.07) 0.30 Class B................. 10.00 0.30 -- (0.08) 0.22 Class C................. 10.00 0.30 -- (0.07) 0.23 THE TAX-FREE MINNESOTA FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 10.33 0.20 -- (0.07) 0.13 Class B................. 10.35 0.16 -- (0.06) 0.10 Class C................. 10.37 0.16 -- (0.07) 0.09 Class L(m).............. 10.37 0.23 -- (0.10) 0.13 Class Y(m).............. 10.34 0.21 -- (0.08) 0.13 For the Year Ended October 31, 2006 Class A................. 10.22 0.41 -- 0.13 0.54 Class B................. 10.23 0.33 -- 0.14 0.47 Class C................. 10.25 0.33 -- 0.14 0.47 Class L................. 10.25 0.40 -- 0.14 0.54 Class Y................. 10.22 0.41 -- 0.14 0.55 For the Year Ended October 31, 2005(h) Class A................. 10.44 0.39 -- (0.22) 0.17 Class B................. 10.45 0.31 -- (0.21) 0.10 Class C................. 10.46 0.32 -- (0.21) 0.11 Class L................. 10.47 0.39 -- (0.22) 0.17 Class Y................. 10.44 0.40 -- (0.23) 0.17 For the Year Ended October 31, 2004 Class A................. 10.46 0.41 -- 0.24 0.65 Class B................. 10.46 0.33 -- 0.25 0.58 Class C................. 10.48 0.33 -- 0.24 0.57 Class L................. 10.49 0.41 -- 0.24 0.65 Class Y................. 10.47 0.43 -- 0.24 0.67 For the Year Ended October 31, 2003(h) Class A................. 10.46 0.38 -- 0.05 0.43 Class B................. 10.47 0.31 -- 0.04 0.35 Class C................. 10.48 0.31 -- 0.05 0.36 Class L................. 10.49 0.39 -- 0.05 0.44 Class Y................. 10.49 0.40 -- 0.06 0.46 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD TAX-FREE CALIFORNIA FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. $ (0.20) $ -- $ -- $ (0.20) $(0.02) $10.53 Class B................. (0.16) -- -- (0.16) (0.02) 10.52 Class C................. (0.16) -- -- (0.16) (0.02) 10.54 For the Year Ended October 31, 2006 Class A................. (0.38) (0.01) -- (0.39) 0.23 10.55 Class B................. (0.30) (0.01) -- (0.31) 0.23 10.54 Class C................. (0.30) (0.01) -- (0.31) 0.23 10.56 For the Year Ended October 31, 2005 Class A................. (0.38) -- -- (0.38) -- 10.32 Class B................. (0.30) -- -- (0.30) -- 10.31 Class C................. (0.30) -- -- (0.30) -- 10.33 For the Year Ended October 31, 2004 Class A................. (0.40) -- -- (0.40) 0.39 10.32 Class B................. (0.33) -- -- (0.33) 0.39 10.31 Class C................. (0.33) -- -- (0.33) 0.40 10.33 From inception October 31, 2002, through October 31, 2003 Class A................. (0.37) -- -- (0.37) (0.07) 9.93 Class B................. (0.30) -- -- (0.30) (0.08) 9.92 Class C................. (0.30) -- -- (0.30) (0.07) 9.93 THE TAX-FREE MINNESOTA FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.20) (0.06) -- (0.26) (0.13) 10.20 Class B................. (0.17) (0.06) -- (0.23) (0.13) 10.22 Class C................. (0.17) (0.06) -- (0.23) (0.14) 10.23 Class L(m).............. (0.20) (0.06) -- (0.26) (0.13) 10.24 Class Y(m).............. (0.21) (0.06) -- (0.27) (0.14) 10.20 For the Year Ended October 31, 2006 Class A................. (0.41) (0.02) -- (0.43) 0.11 10.33 Class B................. (0.33) (0.02) -- (0.35) 0.12 10.35 Class C................. (0.33) (0.02) -- (0.35) 0.12 10.37 Class L................. (0.40) (0.02) -- (0.42) 0.12 10.37 Class Y................. (0.41) (0.02) -- (0.43) 0.12 10.34 For the Year Ended October 31, 2005(h) Class A................. (0.39) -- -- (0.39) (0.22) 10.22 Class B................. (0.32) -- -- (0.32) (0.22) 10.23 Class C................. (0.32) -- -- (0.32) (0.21) 10.25 Class L................. (0.39) -- -- (0.39) (0.22) 10.25 Class Y................. (0.39) -- -- (0.39) (0.22) 10.22 For the Year Ended October 31, 2004 Class A................. (0.40) (0.27) -- (0.67) (0.02) 10.44 Class B................. (0.32) (0.27) -- (0.59) (0.01) 10.45 Class C................. (0.32) (0.27) -- (0.59) (0.02) 10.46 Class L................. (0.40) (0.27) -- (0.67) (0.02) 10.47 Class Y................. (0.43) (0.27) -- (0.70) (0.03) 10.44 For the Year Ended October 31, 2003(h) Class A................. (0.38) (0.05) -- (0.43) -- 10.46 Class B................. (0.31) (0.05) -- (0.36) (0.01) 10.46 Class C................. (0.31) (0.05) -- (0.36) -- 10.48 Class L................. (0.39) (0.05) -- (0.44) -- 10.49 Class Y................. (0.43) (0.05) -- (0.48) (0.02) 10.47 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD TAX-FREE CALIFORNIA FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 1.75%(f) $ 28,037 0.92%(e) 0.85%(e) 0.85%(e) 3.87%(e) 15% Class B................. 1.38(f) 1,935 1.70(e) 1.60(e) 1.60(e) 3.12(e) -- Class C................. 1.37(f) 4,485 1.71(e) 1.60(e) 1.60(e) 3.12(e) -- For the Year Ended October 31, 2006 Class A................. 6.13 24,796 0.99 0.90 0.90 3.71 2 Class B................. 5.34 1,571 1.77 1.65 1.65 2.96 -- Class C................. 5.33 3,435 1.78 1.65 1.65 2.95 -- For the Year Ended October 31, 2005 Class A................. 3.69 15,601 1.02 0.90 0.90 3.64 31 Class B................. 2.92 1,305 1.80 1.65 1.65 2.90 -- Class C................. 2.91 1,937 1.80 1.65 1.65 2.90 -- For the Year Ended October 31, 2004 Class A................. 8.15 14,846 1.03 0.95 0.95 3.85 41 Class B................. 7.40 1,017 1.84 1.65 1.65 3.12 -- Class C................. 7.49 1,448 1.85 1.65 1.65 3.06 -- From inception October 31, 2002, through October 31, 2003 Class A................. 3.06(f) 10,799 1.57(e) 0.95(e) 0.95(e) 3.73(e) 64 Class B................. 2.23(f) 1,827 2.32(e) 1.65(e) 1.65(e) 3.07(e) -- Class C................. 2.34(f) 1,230 2.18(e) 1.65(e) 1.65(e) 3.02(e) -- THE TAX-FREE MINNESOTA FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 1.29(f) 9,221 1.20(e) 0.85(e) 0.85(e) 3.99(e) 10 Class B................. 0.92(f) 786 1.96(e) 1.60(e) 1.60(e) 3.24(e) -- Class C................. 0.87(f) 697 1.93(e) 1.60(e) 1.60(e) 3.25(e) -- Class L(m).............. 1.26(f) 3,365 1.12(e) 0.90(e) 0.90(e) 4.55(e) -- Class Y(m).............. 1.26(f) 23,025 0.87(e) 0.72(e) 0.72(e) 4.58(e) -- For the Year Ended October 31, 2006 Class A................. 5.35 6,846 1.23 0.85 0.85 3.97 16 Class B................. 4.65 804 1.98 1.57 1.57 3.25 -- Class C................. 4.65 411 1.96 1.57 1.57 3.25 -- Class L................. 5.38 2,648 1.11 0.87 0.87 3.95 -- Class Y................. 5.44 11 0.88 0.83 0.83 3.99 -- For the Year Ended October 31, 2005(h) Class A................. 1.66 5,547 1.26 0.85 0.85 3.76 10 Class B................. 0.91 814 2.02 1.60 1.60 3.01 -- Class C................. 1.01 418 2.03 1.60 1.60 3.02 -- Class L................. 1.62 2,890 1.12 0.90 0.90 3.70 -- Class Y................. 1.66 10 0.90 0.90 0.90 3.83 -- For the Year Ended October 31, 2004 Class A................. 6.37 4,286 1.27 0.98 0.98 3.87 13 Class B................. 5.71 645 1.99 1.68 1.68 3.16 -- Class C................. 5.60 321 1.98 1.69 1.69 3.15 -- Class L................. 6.41 2,765 1.07 0.96 0.96 3.88 -- Class Y................. 6.58 1 0.85 0.85 0.85 4.07 -- For the Year Ended October 31, 2003(h) Class A................. 4.23 3,242 1.50 1.15 1.15 3.58 17 Class B................. 3.42 532 2.21 1.85 1.85 2.88 -- Class C................. 3.51 414 2.09 1.85 1.85 2.88 -- Class L................. 4.34 2,922 1.07 1.05 1.05 3.67 -- Class Y................. 4.50 1 0.91 0.80 0.80 3.82 --
The accompanying notes are an integral part of these financial statements. 370 \ - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE TAX-FREE MINNESOTA FUND -- (CONTINUED) For the Period February 19, 2002 through October 31, 2002 Class A................. $10.29 $ 0.26 $ -- $ 0.16 $ 0.42 Class B................. 10.27 0.20 -- 0.20 0.40 Class C................. 10.27 0.20 -- 0.21 0.41 Class Y................. 10.29 0.29 -- 0.20 0.49 For the Year Ended October 31, 2002 Class L................. 10.42 0.37 -- 0.06 0.43 THE HARTFORD TAX-FREE NATIONAL FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 11.34 0.23 -- (0.05) 0.18 Class B................. 11.26 0.18 -- (0.04) 0.14 Class C................. 11.29 0.19 -- (0.05) 0.14 Class L(m).............. 11.31 0.24 -- (0.07) 0.17 Class Y(m).............. 11.32 0.26 -- (0.08) 0.18 For the Year Ended October 31, 2006 Class A................. 11.13 0.45 -- 0.29 0.74 Class B................. 11.06 0.37 -- 0.28 0.65 Class C................. 11.09 0.37 -- 0.28 0.65 Class L................. 11.10 0.44 -- 0.29 0.73 Class Y................. 11.11 0.46 -- 0.29 0.75 For the Year Ended October 31, 2005(h) Class A................. 11.22 0.43 -- (0.09) 0.34 Class B................. 11.15 0.35 -- (0.09) 0.26 Class C................. 11.18 0.35 -- (0.09) 0.26 Class L................. 11.19 0.43 -- (0.09) 0.34 Class Y................. 11.20 0.45 -- (0.10) 0.35 For the Year Ended October 31, 2004 Class A................. 11.07 0.45 -- 0.32 0.77 Class B................. 11.00 0.37 -- 0.32 0.69 Class C................. 11.02 0.37 -- 0.33 0.70 Class L................. 11.04 0.44 -- 0.33 0.77 Class Y................. 11.06 0.47 -- 0.32 0.79 For the Year Ended October 31, 2003 Class A................. 11.28 0.41 -- 0.04 0.45 Class B................. 11.21 0.33 -- 0.04 0.37 Class C................. 11.23 0.33 -- 0.04 0.37 Class L................. 11.25 0.42 -- 0.04 0.46 Class Y................. 11.28 0.45 -- 0.04 0.49 For the Period February 19, 2002 through October 31, 2002 Class A................. 10.99 0.26 -- 0.30 0.56 Class B................. 10.97 0.20 -- 0.25 0.45 Class C................. 10.97 0.20 -- 0.27 0.47 Class Y................. 10.99 0.33 -- 0.27 0.60 For the Year Ended October 31, 2002 Class L................. 11.16 0.39 -- 0.12 0.51 THE HARTFORD TAX-FREE NEW YORK FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 10.53 0.20 -- (0.04) 0.16 Class B................. 10.53 0.16 -- (0.04) 0.12 Class C................. 10.53 0.16 -- (0.04) 0.12 For the Year Ended October 31, 2006 Class A................. 10.32 0.39 -- 0.23 0.62 Class B................. 10.32 0.31 -- 0.24 0.55 Class C................. 10.32 0.32 -- 0.23 0.55 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE TAX-FREE MINNESOTA FUND -- (CONTINUED) For the Period February 19, 2002 through October 31, 2002 Class A................. $ (0.25) $ -- $ -- $ (0.25) $ 0.17 $10.46 Class B................. (0.20) -- -- (0.20) 0.20 10.47 Class C................. (0.20) -- -- (0.20) 0.21 10.48 Class Y................. (0.29) -- -- (0.29) 0.20 10.49 For the Year Ended October 31, 2002 Class L................. (0.36) -- -- (0.36) 0.07 10.49 THE HARTFORD TAX-FREE NATIONAL FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.23) (0.03) -- (0.26) (0.08) 11.26 Class B................. (0.19) (0.03) -- (0.22) (0.08) 11.18 Class C................. (0.19) (0.03) -- (0.22) (0.08) 11.21 Class L(m).............. (0.22) (0.03) -- (0.25) (0.08) 11.23 Class Y(m).............. (0.23) (0.03) -- (0.26) (0.08) 11.24 For the Year Ended October 31, 2006 Class A................. (0.45) (0.08) -- (0.53) 0.21 11.34 Class B................. (0.37) (0.08) -- (0.45) 0.20 11.26 Class C................. (0.37) (0.08) -- (0.45) 0.20 11.29 Class L................. (0.44) (0.08) -- (0.52) 0.21 11.31 Class Y................. (0.46) (0.08) -- (0.54) 0.21 11.32 For the Year Ended October 31, 2005(h) Class A................. (0.43) -- -- (0.43) (0.09) 11.13 Class B................. (0.35) -- -- (0.35) (0.09) 11.06 Class C................. (0.35) -- -- (0.35) (0.09) 11.09 Class L................. (0.43) -- -- (0.43) (0.09) 11.10 Class Y................. (0.44) -- -- (0.44) (0.09) 11.11 For the Year Ended October 31, 2004 Class A................. (0.45) (0.17) -- (0.62) 0.15 11.22 Class B................. (0.37) (0.17) -- (0.54) 0.15 11.15 Class C................. (0.37) (0.17) -- (0.54) 0.16 11.18 Class L................. (0.45) (0.17) -- (0.62) 0.15 11.19 Class Y................. (0.48) (0.17) -- (0.65) 0.14 11.20 For the Year Ended October 31, 2003 Class A................. (0.41) (0.25) -- (0.66) (0.21) 11.07 Class B................. (0.33) (0.25) -- (0.58) (0.21) 11.00 Class C................. (0.33) (0.25) -- (0.58) (0.21) 11.02 Class L................. (0.42) (0.25) -- (0.67) (0.21) 11.04 Class Y................. (0.46) (0.25) -- (0.71) (0.22) 11.06 For the Period February 19, 2002 through October 31, 2002 Class A................. (0.27) -- -- (0.27) 0.29 11.28 Class B................. (0.21) -- -- (0.21) 0.24 11.21 Class C................. (0.21) -- -- (0.21) 0.26 11.23 Class Y................. (0.31) -- -- (0.31) 0.29 11.28 For the Year Ended October 31, 2002 Class L................. (0.38) (0.04) -- (0.42) 0.09 11.25 THE HARTFORD TAX-FREE NEW YORK FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.20) (0.06) -- (0.26) (0.10) 10.43 Class B................. (0.16) (0.06) -- (0.22) (0.10) 10.43 Class C................. (0.16) (0.06) -- (0.22) (0.10) 10.43 For the Year Ended October 31, 2006 Class A................. (0.39) (0.02) -- (0.41) 0.21 10.53 Class B................. (0.32) (0.02) -- (0.34) 0.21 10.53 Class C................. (0.32) (0.02) -- (0.34) 0.21 10.53 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE TAX-FREE MINNESOTA FUND -- (CONTINUED) For the Period February 19, 2002 through October 31, 2002 Class A................. 4.16%(f) $ 2,073 1.37%(e) 1.15%(e) 1.15%(e) 3.57%(e) 36% Class B................. 3.93(f) 238 2.09(e) 1.85(e) 1.85(e) 2.73(e) -- Class C................. 4.03(f) 304 1.92(e) 1.85(e) 1.85(e) 2.79(e) -- Class Y................. 4.92(f) 1 0.65(e) 0.65(e) 0.65(e) 3.83(e) -- For the Year Ended October 31, 2002 Class L................. 4.22 3,344 1.04 1.04 1.04 3.56 -- THE HARTFORD TAX-FREE NATIONAL FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 1.60(f) 101,846 1.16(e) 0.85(e) 0.85(e) 4.07(e) 16 Class B................. 1.24(f) 7,618 1.96(e) 1.60(e) 1.60(e) 3.32(e) -- Class C................. 1.24(f) 20,122 1.91(e) 1.60(e) 1.60(e) 3.32(e) -- Class L(m).............. 1.58(f) 9,032 1.11(e) 0.90(e) 0.90(e) 4.30(e) -- Class Y(m).............. 1.67(f) 27,754 0.86(e) 0.71(e) 0.71(e) 5.34(e) -- For the Year Ended October 31, 2006 Class A................. 6.82 71,876 1.22 1.00 1.00 4.06 14 Class B................. 5.97 6,746 2.00 1.75 1.75 3.31 -- Class C................. 5.95 12,889 1.97 1.75 1.75 3.31 -- Class L................. 6.77 7,606 1.14 1.05 1.05 4.01 -- Class Y................. 6.91 11 0.91 0.89 0.89 4.17 -- For the Year Ended October 31, 2005(h) Class A................. 3.10 46,163 1.26 1.00 1.00 3.88 22 Class B................. 2.36 6,889 2.03 1.75 1.75 3.13 -- Class C................. 2.35 8,496 1.99 1.75 1.75 3.13 -- Class L................. 3.06 7,958 1.16 1.05 1.05 3.83 -- Class Y................. 3.20 10 0.95 0.95 0.95 4.04 -- For the Year Ended October 31, 2004 Class A................. 7.10 35,210 1.30 1.08 1.08 4.04 18 Class B................. 6.39 6,236 2.01 1.78 1.78 3.32 -- Class C................. 6.47 8,357 1.98 1.78 1.78 3.33 -- Class L................. 7.12 7,687 1.15 1.08 1.08 4.02 -- Class Y................. 7.36 1 0.91 0.91 0.91 4.23 -- For the Year Ended October 31, 2003 Class A................. 4.18 21,457 1.61 1.15 1.15 3.75 35 Class B................. 3.43 6,598 2.33 1.85 1.85 3.05 -- Class C................. 3.42 7,588 2.21 1.85 1.85 3.06 -- Class L................. 4.24 7,454 1.18 1.10 1.10 3.76 -- Class Y................. 4.53 1 1.17 0.85 0.85 4.06 -- For the Period February 19, 2002 through October 31, 2002 Class A................. 5.17(f) 12,192 1.63(e) 1.15(e) 1.15(e) 3.31(e) 47 Class B................. 4.18(f) 3,764 2.33(e) 1.85(e) 1.85(e) 2.54(e) -- Class C................. 4.37(f) 3,121 2.18(e) 1.85(e) 1.85(e) 2.57(e) -- Class Y................. 5.52(f) 1 0.63(e) 0.63(e) 0.63(e) 4.15(e) -- For the Year Ended October 31, 2002 Class L................. 4.72 7,360 1.19 1.15 1.15 3.50 -- THE HARTFORD TAX-FREE NEW YORK FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 1.50(f) 11,567 0.98(e) 0.85(e) 0.85(e) 3.82(e) 6 Class B................. 1.13(f) 1,841 1.75(e) 1.60(e) 1.60(e) 3.07(e) -- Class C................. 1.14(f) 2,737 1.74(e) 1.60(e) 1.60(e) 3.07(e) -- For the Year Ended October 31, 2006 Class A................. 6.21 11,182 1.03 0.85 0.85 3.78 25 Class B................. 5.41 1,808 1.79 1.60 1.60 3.03 -- Class C................. 5.41 2,492 1.78 1.60 1.60 3.03 --
371 HARTFORD MUTUAL FUNDS, INC. AND HARTFORD MUTUAL FUNDS II, INC. FINANCIAL HIGHLIGHTS -- (CONTINUED) - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD TAX-FREE NEW YORK FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. $10.42 $ 0.36 $ -- $(0.08) $ 0.28 Class B................. 10.42 0.28 -- (0.08) 0.20 Class C................. 10.42 0.28 -- (0.08) 0.20 For the Year Ended October 31, 2004 Class A................. 10.15 0.37 -- 0.37 0.74 Class B................. 10.15 0.30 -- 0.37 0.67 Class C................. 10.15 0.30 -- 0.37 0.67 From inception October 31, 2002, through October 31, 2003 Class A................. 10.00 0.34 -- 0.16 0.50 Class B................. 10.00 0.27 -- 0.16 0.43 Class C................. 10.00 0.27 -- 0.16 0.43 THE HARTFORD TOTAL RETURN BOND FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 10.59 0.24 -- 0.06 0.30 Class B................. 10.54 0.20 -- 0.05 0.25 Class C................. 10.61 0.21 -- 0.04 0.25 Class I................. 10.60 0.26 -- 0.06 0.32 Class Y................. 10.71 0.27 -- 0.05 0.32 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 10.76 0.17 -- (0.02) 0.15 Class R4................ 10.76 0.18 -- (0.02) 0.16 Class R5................ 10.76 0.18 -- (0.01) 0.17 For the Year Ended October 31, 2006 Class A................. 10.62 0.41 -- 0.04 0.45 Class B................. 10.57 0.33 -- 0.04 0.37 Class C................. 10.64 0.34 -- 0.03 0.37 Class Y................. 10.73 0.47 -- 0.04 0.51 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 10.51 0.08 -- 0.09 0.17 For the Year Ended October 31, 2005 Class A................. 10.95 0.35 -- (0.24) 0.11 Class B................. 10.90 0.27 -- (0.24) 0.03 Class C................. 10.97 0.29 -- (0.25) 0.04 Class Y................. 11.06 0.40 -- (0.24) 0.16 For the Year Ended October 31, 2004 Class A................. 11.14 0.32 -- 0.21 0.53 Class B................. 11.09 0.24 -- 0.22 0.46 Class C................. 11.12 0.26 0.01 0.23 0.50 Class Y................. 11.24 0.39 -- 0.21 0.60 For the Year Ended October 31, 2003 Class A................. 10.78 0.49 -- 0.48 0.97 Class B................. 10.73 0.42 -- 0.47 0.89 Class C................. 10.77 0.42 -- 0.46 0.88 Class Y................. 10.87 0.53 -- 0.50 1.03 For the Year Ended October 31, 2002(h) Class A................. 10.90 0.47 -- -- 0.47 Class B................. 10.85 0.40 -- -- 0.40 Class C................. 10.89 0.40 -- -- 0.40 Class Y................. 10.99 0.45 -- 0.08 0.53 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD TAX-FREE NEW YORK FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. $ (0.36) $(0.02) $ -- $ (0.38) $(0.10) $10.32 Class B................. (0.28) (0.02) -- (0.30) (0.10) 10.32 Class C................. (0.28) (0.02) -- (0.30) (0.10) 10.32 For the Year Ended October 31, 2004 Class A................. (0.39) (0.08) -- (0.47) 0.27 10.42 Class B................. (0.32) (0.08) -- (0.40) 0.27 10.42 Class C................. (0.32) (0.08) -- (0.40) 0.27 10.42 From inception October 31, 2002, through October 31, 2003 Class A................. (0.35) -- -- (0.35) 0.15 10.15 Class B................. (0.28) -- -- (0.28) 0.15 10.15 Class C................. (0.28) -- -- (0.28) 0.15 10.15 THE HARTFORD TOTAL RETURN BOND FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. (0.24) -- -- (0.24) 0.06 10.65 Class B................. (0.20) -- -- (0.20) 0.05 10.59 Class C................. (0.20) -- -- (0.20) 0.05 10.66 Class I................. (0.27) -- -- (0.27) 0.05 10.65 Class Y................. (0.26) -- -- (0.26) 0.06 10.77 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ (0.15) -- -- (0.15) -- 10.76 Class R4................ (0.16) -- -- (0.16) -- 10.76 Class R5................ (0.17) -- -- (0.17) -- 10.76 For the Year Ended October 31, 2006 Class A................. (0.42) (0.06) -- (0.48) (0.03) 10.59 Class B................. (0.34) (0.06) -- (0.40) (0.03) 10.54 Class C................. (0.34) (0.06) -- (0.40) (0.03) 10.61 Class Y................. (0.47) (0.06) -- (0.53) (0.02) 10.71 From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. (0.08) -- -- (0.08) 0.09 10.60 For the Year Ended October 31, 2005 Class A................. (0.40) (0.04) -- (0.44) (0.33) 10.62 Class B................. (0.32) (0.04) -- (0.36) (0.33) 10.57 Class C................. (0.33) (0.04) -- (0.37) (0.33) 10.64 Class Y................. (0.45) (0.04) -- (0.49) (0.33) 10.73 For the Year Ended October 31, 2004 Class A................. (0.35) (0.37) -- (0.72) (0.19) 10.95 Class B................. (0.28) (0.37) -- (0.65) (0.19) 10.90 Class C................. (0.28) (0.37) -- (0.65) (0.15) 10.97 Class Y................. (0.41) (0.37) -- (0.78) (0.18) 11.06 For the Year Ended October 31, 2003 Class A................. (0.50) (0.11) -- (0.61) 0.36 11.14 Class B................. (0.42) (0.11) -- (0.53) 0.36 11.09 Class C................. (0.42) (0.11) -- (0.53) 0.35 11.12 Class Y................. (0.55) (0.11) -- (0.66) 0.37 11.24 For the Year Ended October 31, 2002(h) Class A................. (0.52) (0.07) -- (0.59) (0.12) 10.78 Class B................. (0.45) (0.07) -- (0.52) (0.12) 10.73 Class C................. (0.45) (0.07) -- (0.52) (0.12) 10.77 Class Y................. (0.58) (0.07) -- (0.65) (0.12) 10.87 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD TAX-FREE NEW YORK FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. 2.66% $ 11,202 1.03% 0.85% 0.85% 3.45% 23% Class B................. 1.90 1,794 1.80 1.60 1.60 2.70 -- Class C................. 1.90 2,677 1.79 1.60 1.60 2.70 -- For the Year Ended October 31, 2004 Class A................. 7.52 10,541 1.04 0.91 0.91 3.66 24 Class B................. 6.76 1,568 1.74 1.61 1.61 2.96 -- Class C................. 6.76 1,973 1.75 1.62 1.62 2.95 -- From inception October 31, 2002, through October 31, 2003 Class A................. 5.03(f) 8,602 1.63(e) 0.95(e) 0.95(e) 3.34(e) 54 Class B................. 4.30(f) 1,051 2.38(e) 1.65(e) 1.65(e) 2.64(e) -- Class C................. 4.30(f) 1,393 2.26(e) 1.65(e) 1.65(e) 2.67(e) -- THE HARTFORD TOTAL RETURN BOND FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 2.87(f) 528,124 1.07(e) 1.00(e) 1.00(e) 4.65(e) 145 Class B................. 2.41(f) 83,043 1.95(e) 1.75(e) 1.75(e) 3.89(e) -- Class C................. 2.39(f) 80,295 1.77(e) 1.75(e) 1.75(e) 3.89(e) -- Class I................. 3.02(f) 1,848 0.68(e) 0.68(e) 0.68(e) 5.03(e) -- Class Y................. 3.03(f) 329,168 0.61(e) 0.61(e) 0.61(e) 5.04(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited) Class R3................ 2.71(f) 10 1.50(e) 1.25(e) 1.25(e) 4.43(e) -- Class R4................ 2.80(f) 10 1.19(e) 1.00(e) 1.00(e) 4.68(e) -- Class R5................ 2.86(f) 10 0.90(e) 0.85(e) 0.85(e) 4.83(e) -- For the Year Ended October 31, 2006 Class A................. 4.35 432,703 1.20 1.20 1.20 3.98 456 Class B................. 3.56 79,506 2.02 1.95 1.95 3.20 -- Class C................. 3.63 75,194 1.87 1.87 1.87 3.29 -- Class Y................. 4.89 285,255 0.70 0.70 0.70 4.48 -- From (commencement of operations) August 31, 2006, through October 31, 2006 Class I................. 1.58(f) 38 1.01(e) 0.91(e) 0.91(e) 4.78(e) -- For the Year Ended October 31, 2005 Class A................. 1.00 311,557 1.24 1.20 1.20 3.24 195 Class B................. 0.25 81,028 2.00 1.95 1.95 2.49 -- Class C................. 0.34 74,039 1.87 1.87 1.87 2.56 -- Class Y................. 1.45 188,156 0.73 0.73 0.73 3.73 -- For the Year Ended October 31, 2004 Class A................. 5.10(i) 298,903 1.27 1.25 1.25 2.98 171 Class B................. 4.37(i) 91,861 1.97 1.95 1.95 2.28 -- Class C................. 4.76(i) 89,504 1.86 1.86 1.86 2.37 -- Class Y................. 5.64 101,360 0.74 0.74 0.74 3.48 -- For the Year Ended October 31, 2003 Class A................. 9.16 268,655 1.40 1.25 1.25 3.39 199 Class B................. 8.44 106,077 2.13 1.95 1.95 2.70 -- Class C................. 8.31 110,214 2.01 1.95 1.95 2.71 -- Class Y................. 9.68 60,125 0.81 0.80 0.80 3.82 -- For the Year Ended October 31, 2002(h) Class A................. 4.50 215,083 1.42 1.25 1.25 4.65 149 Class B................. 3.77 98,028 2.10 1.95 1.95 3.92 -- Class C................. 3.80 107,479 1.98 1.95 1.95 3.92 -- Class Y................. 5.01 39,778 0.78 0.78 0.78 5.16 --
The accompanying notes are an integral part of these financial statements. 372 - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD U.S. GOVERNMENT SECURITIES FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. $ 9.23 $ 0.22 $ -- $(0.01) $ 0.21 Class B................. 9.18 0.18 -- -- 0.18 Class C................. 9.18 0.18 -- -- 0.18 Class L(m).............. 9.22 0.22 -- (0.01) 0.21 Class Y(m).............. 9.20 0.22 -- 0.03 0.25 For the Year Ended October 31, 2006(h) Class A................. 9.32 0.42 -- (0.08) 0.34 Class B................. 9.27 0.35 -- (0.08) 0.27 Class C................. 9.27 0.35 -- (0.08) 0.27 Class L................. 9.31 0.43 -- (0.08) 0.35 Class Y................. 9.32 0.41 -- (0.07) 0.34 For the Year Ended October 31, 2005 Class A................. 9.65 0.40 -- (0.32) 0.08 Class B................. 9.62 0.32 -- (0.34) (0.02) Class C................. 9.61 0.32 -- (0.33) (0.01) Class L................. 9.65 0.41 -- (0.34) 0.07 Class Y................. 9.66 0.41 -- (0.31) 0.10 For the Year Ended October 31, 2004 Class A................. 9.67 0.40 -- (0.01) 0.39 Class B................. 9.64 0.32 -- -- 0.32 Class C................. 9.63 0.32 -- -- 0.32 Class L................. 9.67 0.41 -- (0.01) 0.40 Class Y................. 9.68 0.44 -- (0.02) 0.42 For the Year Ended October 31, 2003 Class A................. 9.88 0.41 -- (0.21) 0.20 Class B................. 9.84 0.33 -- (0.19) 0.14 Class C................. 9.84 0.33 -- (0.20) 0.13 Class L................. 9.87 0.42 -- (0.19) 0.23 Class Y................. 9.89 0.45 -- (0.20) 0.25 For the Period February 19, 2002 through October 31, 2002 Class A................. 9.50 0.26 -- 0.38 0.64 Class B................. 9.46 0.21 -- 0.38 0.59 Class C................. 9.46 0.21 -- 0.38 0.59 Class Y................. 9.50 0.32 -- 0.36 0.68 For the Year Ended October 31, 2002 Class L................. 9.67 0.39 -- 0.20 0.59 THE HARTFORD VALUE FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. 12.91 0.06 -- 1.18 1.24 Class B................. 12.71 0.01 -- 1.15 1.16 Class C................. 12.71 0.01 -- 1.15 1.16 Class Y................. 12.91 0.09 -- 1.18 1.27 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited)(h) Class R3................ 12.51 0.02 -- 0.73 0.75 Class R4................ 12.51 0.04 -- 0.72 0.76 Class R5................ 12.51 0.05 -- 0.73 0.78 For the Year Ended October 31, 2006 Class A................. 10.79 0.09 -- 2.11 2.20 Class B................. 10.62 0.01 -- 2.08 2.09 Class C................. 10.62 0.01 -- 2.08 2.09 Class Y................. 10.79 0.15 -- 2.10 2.25 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD U.S. GOVERNMENT SECURITIES FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. $ (0.22) $ -- $ -- $ (0.22) $(0.01) $ 9.22 Class B................. (0.18) -- -- (0.18) -- 9.18 Class C................. (0.18) -- -- (0.18) -- 9.18 Class L(m).............. (0.22) -- -- (0.22) (0.01) 9.21 Class Y(m).............. (0.22) -- -- (0.22) 0.03 9.23 For the Year Ended October 31, 2006(h) Class A................. (0.43) -- -- (0.43) (0.09) 9.23 Class B................. (0.36) -- -- (0.36) (0.09) 9.18 Class C................. (0.36) -- -- (0.36) (0.09) 9.18 Class L................. (0.44) -- -- (0.44) (0.09) 9.22 Class Y................. (0.46) -- -- (0.46) (0.12) 9.20 For the Year Ended October 31, 2005 Class A................. (0.41) -- -- (0.41) (0.33) 9.32 Class B................. (0.33) -- -- (0.33) (0.35) 9.27 Class C................. (0.33) -- -- (0.33) (0.34) 9.27 Class L................. (0.41) -- -- (0.41) (0.34) 9.31 Class Y................. (0.44) -- -- (0.44) (0.34) 9.32 For the Year Ended October 31, 2004 Class A................. (0.41) -- -- (0.41) (0.02) 9.65 Class B................. (0.34) -- -- (0.34) (0.02) 9.62 Class C................. (0.34) -- -- (0.34) (0.02) 9.61 Class L................. (0.42) -- -- (0.42) (0.02) 9.65 Class Y................. (0.44) -- -- (0.44) (0.02) 9.66 For the Year Ended October 31, 2003 Class A................. (0.41) -- -- (0.41) (0.21) 9.67 Class B................. (0.34) -- -- (0.34) (0.20) 9.64 Class C................. (0.34) -- -- (0.34) (0.21) 9.63 Class L................. (0.43) -- -- (0.43) (0.20) 9.67 Class Y................. (0.46) -- -- (0.46) (0.21) 9.68 For the Period February 19, 2002 through October 31, 2002 Class A................. (0.26) -- -- (0.26) 0.38 9.88 Class B................. (0.21) -- -- (0.21) 0.38 9.84 Class C................. (0.21) -- -- (0.21) 0.38 9.84 Class Y................. (0.29) -- -- (0.29) 0.39 9.89 For the Year Ended October 31, 2002 Class L................. (0.39) -- -- (0.39) 0.20 9.87 THE HARTFORD VALUE FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. -- (0.79) -- (0.79) 0.45 13.36 Class B................. -- (0.79) -- (0.79) 0.37 13.08 Class C................. -- (0.79) -- (0.79) 0.37 13.08 Class Y................. (0.09) (0.79) -- (0.88) 0.39 13.30 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited)(h) Class R3................ -- -- -- -- 0.75 13.26 Class R4................ -- -- -- -- 0.76 13.27 Class R5................ -- -- -- -- 0.78 13.29 For the Year Ended October 31, 2006 Class A................. (0.08) -- -- (0.08) 2.12 12.91 Class B................. -- -- -- -- 2.09 12.71 Class C................. -- -- -- -- 2.09 12.71 Class Y................. (0.13) -- -- (0.13) 2.12 12.91 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD U.S. GOVERNMENT SECURITIES FUND For the Six-Month Period Ended April 30, 2007 (Unaudited) Class A................. 2.26%(f) $ 46,593 1.23%(e) 1.00%(e) 1.00%(e) 4.74%(e) 55% Class B................. 2.00(f) 15,307 2.08(e) 1.72(e) 1.72(e) 4.01(e) -- Class C................. 1.99(f) 8,922 1.92(e) 1.75(e) 1.75(e) 3.98(e) -- Class L(m).............. 2.30(f) 33,343 0.94(e) 0.93(e) 0.93(e) 4.97(e) -- Class Y(m).............. 2.70(f) 83,964 0.71(e) 0.71(e) 0.71(e) 6.42(e) -- For the Year Ended October 31, 2006(h) Class A................. 3.77 45,851 1.39 1.15 1.15 4.60 158 Class B................. 3.01 17,011 2.20 1.91 1.91 3.84 -- Class C................. 3.01 9,698 2.08 1.90 1.90 3.86 -- Class L................. 3.86 30,712 1.08 1.08 1.08 4.67 -- Class Y................. 3.75 101 0.85 0.83 0.83 4.86 -- For the Year Ended October 31, 2005 Class A................. 0.79 47,252 1.38 1.15 1.15 4.17 108 Class B................. (0.17) 21,268 2.17 1.90 1.90 3.41 -- Class C................. (0.07) 9,631 2.05 1.90 1.90 3.41 -- Class L................. 0.77 34,880 1.08 1.08 1.08 4.24 -- Class Y................. 1.04 9,244 0.86 0.86 0.86 4.52 -- For the Year Ended October 31, 2004 Class A................. 4.08 53,401 1.38 1.20 1.20 4.09 110 Class B................. 3.37 26,218 2.11 1.90 1.90 3.39 -- Class C................. 3.37 13,926 2.00 1.90 1.90 3.38 -- Class L................. 4.24 38,613 1.04 1.04 1.04 4.26 -- Class Y................. 4.48 1 0.83 0.83 0.83 4.51 -- For the Year Ended October 31, 2003 Class A................. 2.06 65,337 1.48 1.20 1.20 4.11 108 Class B................. 1.45 38,210 2.21 1.90 1.90 3.41 -- Class C................. 1.34 26,626 2.07 1.90 1.90 3.43 -- Class L................. 2.32 43,202 1.06 1.06 1.06 4.24 -- Class Y................. 2.51 1 0.87 0.80 0.80 4.50 -- For the Period February 19, 2002 through October 31, 2002 Class A................. 6.87(f) 75,245 1.59(e) 1.20(e) 1.20(e) 3.58(e) 218 Class B................. 6.36(f) 39,276 2.28(e) 1.90(e) 1.90(e) 2.87(e) -- Class C................. 6.36(f) 40,708 2.11(e) 1.90(e) 1.90(e) 2.86(e) -- Class Y................. 7.32(f) 1 0.74(e) 0.74(e) 0.74(e) 4.36(e) -- For the Year Ended October 31, 2002 Class L................. 6.29 49,048 1.06 1.06 1.06 4.20 -- THE HARTFORD VALUE FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. 10.25(f)(i) 87,549 1.30(e) 1.30(e) 1.30(e) 1.01(e) 16 Class B................. 9.76(f)(i) 13,144 2.21(e) 2.14(e) 2.14(e) 0.17(e) -- Class C................. 9.76(f)(i) 14,085 2.07(e) 2.07(e) 2.07(e) 0.24(e) -- Class Y................. 10.50(f)(i) 277,608 0.86(e) 0.86(e) 0.86(e) 1.40(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited)(h) Class R3................ 10.17(f) 11 1.76(e) 1.65(e) 1.65(e) 0.49(e) -- Class R4................ 10.25(f) 11 1.44(e) 1.35(e) 1.35(e) 0.78(e) -- Class R5................ 10.42(f) 11 1.16(e) 1.05(e) 1.05(e) 1.08(e) -- For the Year Ended October 31, 2006 Class A................. 20.52 79,476 1.38 1.38 1.38 0.89 50 Class B................. 19.68 11,957 2.29 2.13 2.13 0.15 -- Class C................. 19.68 12,943 2.15 2.15 2.15 0.12 -- Class Y................. 21.07 72,054 0.92 0.92 0.92 1.36 --
373 HARTFORD MUTUAL FUNDS, INC. AND HARTFORD MUTUAL FUNDS II, INC. FINANCIAL HIGHLIGHTS -- (CONTINUED) - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD VALUE FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. $ 9.71 $ 0.08 $ -- $ 1.04 $ 1.12 Class B................. 9.60 -- -- 1.02 1.02 Class C................. 9.60 -- -- 1.02 1.02 Class Y................. 9.71 0.12 -- 1.05 1.17 For the Year Ended October 31, 2004(h) Class A................. 8.92 0.07 -- 0.79 0.86 Class B................. 8.83 0.01 -- 0.78 0.79 Class C................. 8.83 0.01 -- 0.78 0.79 Class Y................. 8.95 0.10 -- 0.77 0.87 For the Year Ended October 31, 2003(h) Class A................. 7.59 0.08 -- 1.31 1.39 Class B................. 7.51 0.03 -- 1.29 1.32 Class C................. 7.51 0.03 -- 1.29 1.32 Class Y................. 7.64 0.16 -- 1.25 1.41 For the Year Ended October 31, 2002(h) Class A................. 9.02 0.05 -- (1.43) (1.38) Class B................. 8.99 (0.02) -- (1.41) (1.43) Class C................. 8.99 (0.02) -- (1.41) (1.43) Class Y................. 9.04 0.09 -- (1.44) (1.35) THE HARTFORD VALUE OPPORTUNITIES FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. 18.26 0.05 -- 1.95 2.00 Class B................. 16.92 (0.01) -- 1.79 1.78 Class C................. 16.92 (0.01) -- 1.79 1.78 Class I................. 18.27 0.06 -- 1.96 2.02 Class L(k).............. 18.29 0.04 -- 1.98 2.02 Class Y................. 18.48 0.09 -- 2.02 2.11 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited)(h) Class R3................ 17.74 0.01 -- 1.20 1.21 Class R4................ 17.74 0.03 -- 1.20 1.23 Class R5................ 17.74 0.05 -- 1.20 1.25 For the Year Ended October 31, 2006(h) Class A................. 15.56 0.09 -- 3.11 3.20 Class B................. 14.56 (0.03) -- 2.89 2.86 Class C................. 14.56 (0.04) -- 2.90 2.86 Class L................. 15.58 0.12 -- 3.11 3.23 Class Y................. 15.74 0.15 -- 3.15 3.30 From (commencement of operations) August 31, 2006, through October 31, 2006(h) Class I................. 17.12 0.01 -- 1.14 1.15 For the Year Ended October 31, 2005 Class A................. 14.06 0.03 -- 1.47 1.50 Class B................. 13.24 (0.05) -- 1.37 1.32 Class C................. 13.25 (0.05) -- 1.36 1.31 Class L................. 14.06 0.07 -- 1.45 1.52 Class Y................. 14.17 0.05 -- 1.52 1.57 For the Year Ended October 31, 2004 Class A................. 12.15 0.01 -- 1.90 1.91 Class B................. 11.53 (0.06) -- 1.77 1.71 Class C................. 11.53 (0.06) -- 1.78 1.72 Class L................. 12.15 -- -- 1.91 1.91 Class Y................. 12.22 0.01 -- 1.94 1.95 -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD VALUE FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. $ (0.04) $ -- $ -- $ (0.04) $ 1.08 $10.79 Class B................. -- -- -- -- 1.02 10.62 Class C................. -- -- -- -- 1.02 10.62 Class Y................. (0.09) -- -- (0.09) 1.08 10.79 For the Year Ended October 31, 2004(h) Class A................. (0.07) -- -- (0.07) 0.79 9.71 Class B................. (0.02) -- -- (0.02) 0.77 9.60 Class C................. (0.02) -- -- (0.02) 0.77 9.60 Class Y................. (0.11) -- -- (0.11) 0.76 9.71 For the Year Ended October 31, 2003(h) Class A................. (0.06) -- -- (0.06) 1.33 8.92 Class B................. -- -- -- -- 1.32 8.83 Class C................. -- -- -- -- 1.32 8.83 Class Y................. (0.10) -- -- (0.10) 1.31 8.95 For the Year Ended October 31, 2002(h) Class A................. -- (0.05) -- (0.05) (1.43) 7.59 Class B................. -- (0.05) -- (0.05) (1.48) 7.51 Class C................. -- (0.05) -- (0.05) (1.48) 7.51 Class Y................. -- (0.05) -- (0.05) (1.40) 7.64 THE HARTFORD VALUE OPPORTUNITIES FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. (0.14) (1.52) -- (1.66) 0.34 18.60 Class B................. (0.04) (1.52) -- (1.56) 0.22 17.14 Class C................. (0.08) (1.52) -- (1.60) 0.18 17.10 Class I................. (0.32) (1.52) -- (1.84) 0.18 18.45 Class L(k).............. (0.14) (1.52) -- (1.66) 0.36 18.65 Class Y................. -- (1.52) -- (1.52) 0.59 19.07 From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited)(h) Class R3................ -- -- -- -- 1.21 18.95 Class R4................ -- -- -- -- 1.23 18.97 Class R5................ -- -- -- -- 1.25 18.99 For the Year Ended October 31, 2006(h) Class A................. -- (0.50) -- (0.50) 2.70 18.26 Class B................. -- (0.50) -- (0.50) 2.36 16.92 Class C................. -- (0.50) -- (0.50) 2.36 16.92 Class L................. (0.02) (0.50) -- (0.52) 2.71 18.29 Class Y................. (0.06) (0.50) -- (0.56) 2.74 18.48 From (commencement of operations) August 31, 2006, through October 31, 2006(h) Class I................. -- -- -- -- 1.15 18.27 For the Year Ended October 31, 2005 Class A................. -- -- -- -- 1.50 15.56 Class B................. -- -- -- -- 1.32 14.56 Class C................. -- -- -- -- 1.31 14.56 Class L................. -- -- -- -- 1.52 15.58 Class Y................. -- -- -- -- 1.57 15.74 For the Year Ended October 31, 2004 Class A................. -- -- -- -- 1.91 14.06 Class B................. -- -- -- -- 1.71 13.24 Class C................. -- -- -- -- 1.72 13.25 Class L................. -- -- -- -- 1.91 14.06 Class Y................. -- -- -- -- 1.95 14.17 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD VALUE FUND -- (CONTINUED) For the Year Ended October 31, 2005 Class A................. 11.50% $ 63,417 1.41% 1.40% 1.40% 0.76% 29% Class B................. 10.62 10,091 2.34 2.15 2.15 0.01 -- Class C................. 10.62 10,238 2.19 2.15 2.15 0.02 -- Class Y................. 12.06 60,218 0.93 0.93 0.93 1.19 -- For the Year Ended October 31, 2004(h) Class A................. 9.70 56,845 1.46 1.45 1.45 0.76 34 Class B................. 8.91 8,948 2.36 2.15 2.15 0.06 -- Class C................. 8.91 10,838 2.17 2.15 2.15 0.06 -- Class Y................. 9.76 21,373 0.91 0.91 0.91 1.32 -- For the Year Ended October 31, 2003(h) Class A................. 18.43 42,101 1.57 1.45 1.45 1.02 35 Class B................. 17.58 7,305 2.30 2.15 2.15 0.32 -- Class C................. 17.58 10,231 2.18 2.15 2.15 0.32 -- Class Y................. 18.66 27 1.00 1.00 1.00 1.46 -- For the Year Ended October 31, 2002(h) Class A................. (15.42) 30,010 1.63 1.45 1.45 0.69 35 Class B................. (16.03) 5,222 2.31 2.15 2.15 (0.02) -- Class C................. (16.03) 9,110 2.21 2.15 2.15 (0.04) -- Class Y................. (15.05) 230 0.98 0.98 0.98 1.09 -- THE HARTFORD VALUE OPPORTUNITIES FUND For the Six-Month Period Ended April 30, 2007 (Unaudited)(h) Class A................. 11.89(f)(i) 140,813 1.51(e) 1.40(e) 1.40(e) 0.60(e) 29 Class B................. 11.43(f)(i) 21,404 2.40(e) 2.14(e) 2.14(e) (0.14)(e) -- Class C................. 11.45(f)(i) 27,537 2.22(e) 2.15(e) 2.15(e) (0.15)(e) -- Class I................. 12.02(f)(i) 906 1.12(e) 1.12(e) 1.12(e) 0.76(e) -- Class L(k).............. 11.96(f)(i) 47,948 1.28(e) 1.26(e) 1.26(e) 0.42(e) -- Class Y................. 12.30(f)(i) 171 0.92(e) 0.92(e) 0.92(e) 2.03(e) -- From (commencement of operations) December 22, 2006, through April 30, 2007 (Unaudited)(h) Class R3................ 11.60(f) 11 1.92(e) 1.65(e) 1.65(e) 0.16(e) -- Class R4................ 11.71(f) 11 1.60(e) 1.35(e) 1.35(e) 0.46(e) -- Class R5................ 11.83(f) 11 1.33(e) 1.05(e) 1.05(e) 0.77(e) -- For the Year Ended October 31, 2006(h) Class A................. 21.12 111,324 1.52 1.40 1.40 0.51 57 Class B................. 20.21 18,271 2.38 2.12 2.12 (0.20) -- Class C................. 20.20 22,466 2.22 2.15 2.15 (0.24) -- Class L................. 21.31 32,983 1.23 1.23 1.23 0.68 -- Class Y................. 21.55 102,915 1.00 1.00 1.00 0.90 -- From (commencement of operations) August 31, 2006, through October 31, 2006(h) Class I................. 6.72(f) 12 1.38(e) 1.15(e) 1.15(e) 0.12(e) -- For the Year Ended October 31, 2005 Class A................. 10.67 66,368 1.62 1.40 1.40 0.27 38 Class B................. 9.97 13,560 2.51 2.15 2.15 (0.47) -- Class C................. 9.89 13,258 2.33 2.15 2.15 (0.47) -- Class L................. 10.81 27,674 1.30 1.30 1.30 0.45 -- Class Y................. 11.08 95,974 1.07 1.07 1.07 0.55 -- For the Year Ended October 31, 2004 Class A................. 15.72 24,601 1.82 1.45 1.45 0.08 52 Class B................. 14.83 5,709 2.70 2.15 2.15 (0.64) -- Class C................. 14.92 5,627 2.47 2.15 2.15 (0.64) -- Class L................. 15.72 25,687 1.42 1.42 1.42 0.04 -- Class Y................. 15.96 10,101 1.16 1.16 1.16 0.34 --
The accompanying notes are an integral part of these financial statements. 374 - --------------------------------------------------------------------------------
-- SELECTED PER-SHARE DATA(a) -- -------------------------------------------------------------- NET REALIZED AND NET ASSET NET PAYMENTS UNREALIZED TOTAL VALUE AT INVESTMENT FROM GAIN FROM BEGINNING INCOME (TO) (LOSS) ON INVESTMENT OF PERIOD (LOSS) AFFILIATE INVESTMENTS OPERATIONS --------- ---------- --------- ------------ ---------- THE HARTFORD VALUE OPPORTUNITIES FUND -- (CONTINUED) For the Year Ended October 31, 2003 Class A................. $ 9.26 $ (0.01) $ -- $ 2.90 $ 2.89 Class B................. 8.84 (0.04) -- 2.73 2.69 Class C................. 8.85 (0.04) -- 2.72 2.68 Class L................. 9.26 (0.01) -- 2.90 2.89 Class Y................. 9.30 0.01 -- 2.91 2.92 For the Period February 19, 2002 through October 31, 2002 Class A................. 11.73 -- -- (2.47) (2.47) Class B................. 11.26 (0.02) -- (2.40) (2.42) Class C................. 11.26 (0.02) -- (2.39) (2.41) Class Y................. 11.73 0.05 -- (2.48) (2.43) For the Year Ended October 31, 2002 Class L................. 11.99 -- -- (1.92) (1.92) -- SELECTED PER-SHARE DATA(a) -- ----------------------------------------------------------------------------------- NET DISTRIBUTIONS INCREASE DIVIDENDS FROM (DECREASE) NET ASSET FROM NET REALIZED DISTRIBUTIONS IN NET VALUE AT INVESTMENT CAPITAL FROM TOTAL ASSET END INCOME GAINS CAPITAL DISTRIBUTIONS VALUE OF PERIOD ---------- ------------- ------------- ------------- ---------- --------- THE HARTFORD VALUE OPPORTUNITIES FUND -- (CONTINUED) For the Year Ended October 31, 2003 Class A................. $ -- $ -- $ -- $ -- $ 2.89 $12.15 Class B................. -- -- -- -- 2.69 11.53 Class C................. -- -- -- -- 2.68 11.53 Class L................. -- -- -- -- 2.89 12.15 Class Y................. -- -- -- -- 2.92 12.22 For the Period February 19, 2002 through October 31, 2002 Class A................. -- -- -- -- (2.47) 9.26 Class B................. -- -- -- -- (2.42) 8.84 Class C................. -- -- -- -- (2.41) 8.85 Class Y................. -- -- -- -- (2.43) 9.30 For the Year Ended October 31, 2002 Class L................. -- (0.81) -- (0.81) (2.73) 9.26 -- RATIOS AND SUPPLEMENTAL DATA -- ----------------------------------------------------------------------------------------------------- RATIO OF RATIO OF RATIO OF EXPENSES EXPENSES EXPENSES TO AVERAGE RATIO OF TO AVERAGE TO AVERAGE NET ASSETS NET NET ASSETS NET ASSETS AFTER WAIVERS INVESTMENT NET ASSETS BEFORE WAIVERS AFTER WAIVERS AND INCOME AT END OF AND INCLUDING AND INCLUDING EXCLUDING TO AVERAGE PORTFOLIO TOTAL PERIOD INTEREST INTEREST INTEREST NET TURNOVER RETURN(b) (000'S) EXPENSE(d) EXPENSE(d) EXPENSE(d) ASSETS RATE(c) --------- ----------- -------------- ------------- ------------- ---------- --------- THE HARTFORD VALUE OPPORTUNITIES FUND -- (CONTINUED) For the Year Ended October 31, 2003 Class A................. 31.21% $ 5,917 1.92% 1.45% 1.45% (0.10)% 57% Class B................. 30.43 1,932 2.63 2.15 2.15 (0.80) -- Class C................. 30.28 1,613 2.51 2.15 2.15 (0.81) -- Class L................. 31.21 22,701 1.51 1.45 1.45 (0.11) -- Class Y................. 31.40 1 1.33 1.25 1.25 0.08 -- For the Period February 19, 2002 through October 31, 2002 Class A................. (21.06)(f) 2,600 1.92(e) 1.45(e) 1.45(e) 0.04(e) 70 Class B................. (21.45)(f) 481 2.61(e) 2.15(e) 2.15(e) (0.71)(e) -- Class C................. (21.41)(f) 430 2.48(e) 2.15(e) 2.15(e) (0.75)(e) -- Class Y................. (20.75)(f) 1 1.13(e) 1.00(e) 1.00(e) 0.49(e) -- For the Year Ended October 31, 2002 Class L................. (17.34) 19,684 1.43 1.43 1.43 (0.11) --
- --------------- (a) Information presented relates to a share outstanding throughout the indicated period. (b) 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. (c) Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued. (d) Ratios do not include fees paid indirectly. (e) Annualized. (f) Not annualized. (g) Expense ratios do not include expenses of the underlying funds. (h) Per share amounts have been calculated using average shares outstanding method. (i) Total return without the inclusion of the Payments from (to) Affiliate, as noted on the Statement of Operations, can be found in Note 3(g). (k) Classes H, M and N were merged into Class L on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details. (l) Classes H, M and N were merged into Class L and Class Z was merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details. (m) Classes H, M and N were merged into Class L and Class E was merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details. 375 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. DIRECTORS AND OFFICERS (UNAUDITED) - -------------------------------------------------------------------------------- The Board of Directors elects officers who are responsible for the day-to-day operations of the Funds and who execute policies formulated by the Directors. Each director serves until his or her death, resignation, or retirement or until the next meeting of shareholders is held or until his or her successor is elected and qualifies. Directors and officers who are employed by or who have a substantial financial interest in The Hartford are considered "interested" persons of the Funds pursuant to the Investment Company Act of 1940. Each officer and three of the Funds' directors, as noted in the chart below, are "interested" persons of the Funds. Each director serves as a director for The Hartford Mutual Funds, Inc., The Hartford Mutual Funds II, Inc., The Hartford Income Shares Fund, Inc., Hartford Series Fund, Inc., and Hartford HLS Series Fund II, Inc. which collectively consist of 86 funds. Correspondence may be sent to directors and officers c/o Hartford Mutual Funds, P.O. Box 2999, Hartford, CT 06104-2999, except that correspondence to Ms. Fagely and Ms. Settimi may be sent to 500 Bielenberg Drive, Woodbury, MN 55125. The table below sets forth, for each director and officer, his or her name, age, current position with the Funds, date first elected or appointed to The Hartford Mutual Funds, Inc. ("MF") and The Hartford Mutual Funds II, Inc. ("MF2"), principal occupation, and, for directors, other directorships held. The Funds' statement of additional information contains further information on the directors and is available free of charge by calling 1-888-843-7824 or writing to Hartford Mutual Funds, P.O. Box 64387, St. Paul, MN 55164-0387. Information on the aggregate remuneration paid to the directors by each Fund can be found in the Statements of Operations herein. The Funds do not pay salaries or compensation to any of their officers or directors who are employed by The Hartford. NON-INTERESTED DIRECTORS LYNN S. BIRDSONG (age 60) Director since 2003, Chairman of the Litigation Committee; Co-Chairman of the Investment Committee Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm. Since 2003, Mr. Birdsong has been an independent director of The Japan Fund. 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. ROBERT M. GAVIN (age 66) Director since 2002 (MF) and 1986(MF2), Chairman of the Board since 2004 Dr. Gavin is an educational consultant. Prior to September 1, 2001, he was President of Cranbrook Education Community; and prior to July 1996, he was President of Macalester College, St. Paul, Minnesota. DUANE E. HILL (age 61) Director since 2001 (MF) and 2002 (MF2), Chairman of the Nominating Committee Mr. Hill is a Partner of TSG Ventures L.P., a private equity investment company that invests primarily in minority-owned small businesses. Mr. Hill is a former partner of TSG Capital Group, a private equity investment firm that serves as sponsor and lead investor in leveraged buyouts of middle market companies. SANDRA S. JAFFEE (age 65) Director since 2005 Ms. Jaffee is Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions. Ms. Jaffee served as an Entrepreneur in Residence with Warburg Pincus, a private equity firm, from August 2004 to August 2005. From September 1995 to July 2004, Ms. Jaffee served as Executive Vice President at Citigroup, where she was President and Chief Executive Officer of Citibank's Global Securities Services. WILLIAM P. JOHNSTON (age 62) Director since 2005, Chairman of the Compliance Committee In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity investment firm. In May 2006, Mr. Johnston was elected to the Supervisory Board of Fresenius Medical Care AG & Co. KGaA, after its acquisition of Renal Care Group, Inc. in March 2006. Mr. Johnston joined Renal Care Group in November 2002 as a member of the Board of Directors and served as Chairman of the Board from March 2003 through March 2006. From September 1987 to December 2002, Mr. Johnston was with Equitable Securities Corporation (and its successors, SunTrust Equitable Securities and SunTrust Robinson Humphrey) serving in various investment banking and managerial positions, including Managing Director and Head of Investment Banking, Chief Executive Officer and Vice Chairman. PHILLIP O. PETERSON (age 62) Director since 2002 (MF) and 2000 (MF2), Chairman of the Audit Committee Mr. Peterson is a mutual fund industry consultant. He was a partner of KPMG LLP until July 1999. Mr. Peterson joined William Blair Funds in February 2007 as a member of the Board of Directors. From January 2004 to April 2005, Mr. Peterson served as Independent President of the Strong Mutual Funds. LEMMA W. SENBET (age 60) Director since 2005 Dr. Senbet is the William E. Mayer Chair Professor of Finance at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department during 1998-2006. Previously, he was an endowed professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000-July 2002. Professor Senbet served the finance profession in various capacities including, as director of the American Finance Association and President of the Western Finance Association. 376 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. DIRECTORS AND OFFICERS (UNAUDITED) -- (CONTINUED) - -------------------------------------------------------------------------------- INTERESTED DIRECTORS AND OFFICERS THOMAS M. MARRA (age 48) Director since 2002 Mr. Marra is President and Chief Operating Officer of Hartford Life, Inc. He is also a member of the Board of Directors and a member of the Office of the Chairman for The Hartford Financial Services Group, Inc. ("The Hartford"), the parent company of Hartford Life. Mr. Marra was named President of Hartford Life in 2001 and COO in 2000, and served as Director of Hartford Life's Investment Products Division from 1998 to 2000. Mr. Marra is also a Managing Member and President of Hartford Investment Financial Services, LLC ("HIFSCO") and HL Investment Advisors, LLC ("HL Advisors"). Mr. Marra served as Chairman of the Board of Hartford Mutual Funds from 2002 to 2004. LOWNDES A. SMITH (age 67) Director since 2002, Co-Chairman of the Investment Committee Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith has served as a director of White Mountains Insurance Group since November 2003. DAVID M. ZNAMIEROWSKI (age 46) Director since 1999 (MF) and 2005 (MF2), President since 2001 Mr. Znamierowski currently serves as President of Hartford Investment Management Company ("Hartford Investment Management"), and as Executive Vice President and Chief Investment Officer for The Hartford, Hartford Life, Inc., and Hartford Life Insurance Company. Mr. Znamierowski is also a Managing Member, Executive Vice President and Chief Investment Officer of HIFSCO and HL Advisors. OTHER OFFICERS ROBERT M. ARENA (age 38) Vice President since 2006 Mr. Arena is Senior Vice President of Hartford Life and heads its Retail Product Management Group in the U.S. Wealth Management Division. Prior to joining The Hartford in 2004, he was Senior Vice President in charge of Product Management for American Skandia/ Prudential in the individual annuities division. Mr. Arena had joined American Skandia in 1996. TAMARA L. FAGELY (age 48) Vice President, Treasurer and Controller since 1993 Ms. Fagely has been Vice President of HASCO since 1998 and Chief Financial Officer of HASCO since 2006. Currently, Ms. Fagely is a Vice President of Hartford Life. She served as Assistant Vice President of Hartford Life from December 2001 through May 2005. THOMAS D. JONES III (age 42) Vice President and Chief Compliance Officer since 2006 Mr. Jones joined Hartford Life as Vice President and Director of Securities Compliance in 2006 from SEI Investments, where he served as Chief Compliance Officer for its mutual funds and investment advisers. Prior to joining SEI, Mr. Jones was First Vice President and Compliance Director for Merrill Lynch Investment Managers (Americas), where he worked from 1992-2004. EDWARD P. MACDONALD (age 39) Vice President, Secretary and Chief Legal Officer since 2005 Mr. Macdonald serves as Assistant General Counsel of The Hartford. Prior to joining The Hartford in 2005, Mr. Macdonald was Chief Counsel, Investment Management, with Prudential Financial (formerly American Skandia Investment Services, Inc.). He joined Prudential in April 1999. VERN J. MEYER (age 43) Vice President since 2006 Mr. Meyer serves as Vice President of Hartford Life and Director of its Investment Advisory Group in the U.S. Wealth Management Division. Prior to joining The Hartford in 2004, Mr. Meyer served as Vice President and managing director of MassMutual, which he joined in 1987. DENISE A. SETTIMI (age 46) Vice President since 2005 Ms. Settimi currently serves as Operations Officer of HASCO. Previously, Ms. Settimi was with American Express Financial Advisors, where she was Director of Retirement Plan Services from 1997 to 2003. JOHN C. WALTERS (age 45) Vice President since 2001 Mr. Walters serves as Executive Vice President and Director of the U.S. Wealth Management Division of Hartford Life Insurance Company. Mr. Walters is also a Managing Member and Executive Vice President of HIFSCO and HL Advisors. Previously Mr. Walters was with First Union Securities. HOW TO OBTAIN A COPY OF THE FUNDS' PROXY VOTING POLICIES AND PROXY VOTING RECORDS HOW TO OBTAIN A COPY OF THE FUNDS' PROXY VOTING POLICIES AND PROXY VOTING RECORDS A description of the policies and procedures that the Funds use to determine how to vote proxies relating to portfolio securities and a record of how the Funds voted any proxies for the twelve month period ended June 30, 2006 is available (1) without charge, upon request, by calling 888-843-7824 and (2) on the Securities and Exchange Commission's website at http://www.sec.gov. QUARTERLY PORTFOLIO HOLDINGS INFORMATION The Funds file a complete schedule of portfolio holdings with the Commission for the first and third quarters of each fiscal year on Form N-Q. The Funds Forms N-Q will be available (1) without charge, upon request, by calling 888-843-7824 and (2) on the Securities and Exchange Commission's website at www.sec.gov. The Forms N-Q may be reviewed and copied at the Commission's Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330. 377 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. EXPENSE EXAMPLE - -------------------------------------------------------------------------------- YOUR FUND'S EXPENSES As a shareholder of the Fund, you incur two types of costs: (1) transaction costs, including sales charges (loads) on purchase payments and contingent deferred sales charges (CDSC) (2) ongoing costs including management fees; distribution fees; and other fund expenses. This example is intended to help you understand your ongoing costs(in dollars) of investing in the 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 period of October 31, 2006 through April 30, 2007. ACTUAL EXPENSES The first line of the table below provides information about actual account values and actual expenses. You may use the information in this line, 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 first line under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. HYPOTHETICAL EXAMPLE FOR COMPARISON PURPOSES The second line of the table below provides information about hypothetical account values and hypothetical expenses based on the 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 the 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, such as sales charges (loads) and CDSC. Therefore, the second line 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 are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).
ACTUAL RETURN ----------------------------------------------------- EXPENSES PAID BEGINNING ENDING DURING THE PERIOD ACCOUNT ACCOUNT OCTOBER 31, 2006 VALUE VALUE THROUGH OCTOBER 31, 2006 APRIL 30, 2007 APRIL 30, 2007 ---------------- -------------- ----------------- THE HARTFORD ADVISERS FUND Class A............ $1,000.00 $1,072.80 $ 5.77 Class B............ $1,000.00 $1,068.80 $ 9.89 Class C............ $1,000.00 $1,069.60 $ 9.28 Class R3........... $1,000.00 $1,073.10 $ 5.28 Class R4........... $1,000.00 $1,073.90 $ 4.13 Class R5........... $1,000.00 $1,075.20 $ 3.07 Class Y............ $1,000.00 $1,075.70 $ 3.40 THE HARTFORD BALANCED ALLOCATION FUND Class A............ $1,000.00 $1,074.50 $ 2.77 Class B............ $1,000.00 $1,069.80 $ 6.75 Class C............ $1,000.00 $1,070.00 $ 6.61 Class I............ $1,000.00 $1,076.50 $ 1.06 Class R3........... $1,000.00 $1,072.40 $ 3.71 Class R4........... $1,000.00 $1,074.00 $ 2.59 Class R5........... $1,000.00 $1,074.80 $ 1.48 HYPOTHETICAL (5% RETURN BEFORE EXPENSES) ----------------------------------------------------- EXPENSES PAID BEGINNING ENDING DURING THE PERIOD ACCOUNT ACCOUNT OCTOBER 31, 2006 VALUE VALUE THROUGH OCTOBER 31, 2006 APRIL 30, 2007 APRIL 30, 2007 ---------------- -------------- ----------------- THE HARTFORD ADVISERS FUND Class A............ $1,000.00 $1,019.23 $ 5.62 Class B............ $1,000.00 $1,015.23 $ 9.63 Class C............ $1,000.00 $1,015.82 $ 9.04 Class R3........... $1,000.00 $1,012.71 $ 5.13 Class R4........... $1,000.00 $1,013.82 $ 4.01 Class R5........... $1,000.00 $1,014.85 $ 2.98 Class Y............ $1,000.00 $1,021.52 $ 3.31 THE HARTFORD BALANCED ALLOCATION FUND Class A............ $1,000.00 $1,022.13 $ 2.70 Class B............ $1,000.00 $1,018.27 $ 6.59 Class C............ $1,000.00 $1,018.40 $ 6.45 Class I............ $1,000.00 $1,023.77 $ 1.03 Class R3........... $1,000.00 $1,014.23 $ 3.60 Class R4........... $1,000.00 $1,015.31 $ 2.52 Class R5........... $1,000.00 $1,016.38 $ 1.44 DAYS DAYS ANNUALIZED IN THE IN THE EXPENSE CURRENT FULL RATIO 1/2 YEAR YEAR ---------- -------- --------- THE HARTFORD ADVISERS FUND Class A............ 1.12% 181 365 Class B............ 1.93% 181 365 Class C............ 1.81% 181 365 Class R3........... 1.43% 130 365 Class R4........... 1.12% 130 365 Class R5........... 0.83% 130 365 Class Y............ 0.66% 181 365 THE HARTFORD BALANCED ALLOCATION FUND Class A............ 0.54% 181 365 Class B............ 1.32% 181 365 Class C............ 1.29% 181 365 Class I............ 0.21% 181 365 Class R3........... 1.00% 130 365 Class R4........... 0.70% 130 365 Class R5........... 0.40% 130 365
378 - --------------------------------------------------------------------------------
ACTUAL RETURN ----------------------------------------------------- EXPENSES PAID BEGINNING ENDING DURING THE PERIOD ACCOUNT ACCOUNT OCTOBER 31, 2006 VALUE VALUE THROUGH OCTOBER 31, 2006 APRIL 30, 2007 APRIL 30, 2007 ---------------- -------------- ----------------- THE HARTFORD BALANCED INCOME FUND Class A............ $1,000.00 $1,064.30 $ 6.40 Class B............ $1,000.00 $1,061.00 $10.24 Class C............ $1,000.00 $1,060.30 $10.24 Class Y............ $1,000.00 $1,066.20 $ 4.61 THE HARTFORD CAPITAL APPRECIATION FUND Class A............ $1,000.00 $1,076.70 $ 5.80 Class B............ $1,000.00 $1,072.40 $ 9.91 Class C............ $1,000.00 $1,073.00 $ 9.44 Class I............ $1,000.00 $1,078.00 $ 4.08 Class R3........... $1,000.00 $1,075.70 $ 5.73 Class R4........... $1,000.00 $1,076.70 $ 4.59 Class R5........... $1,000.00 $1,078.00 $ 3.48 Class Y............ $1,000.00 $1,078.80 $ 3.71 THE HARTFORD CAPITAL APPRECIATION II FUND Class A............ $1,000.00 $1,132.10 $ 7.67 Class B............ $1,000.00 $1,126.50 $12.10 Class C............ $1,000.00 $1,127.90 $11.43 Class I............ $1,000.00 $1,133.50 $ 5.80 Class R3........... $1,000.00 $1,131.30 $ 6.54 Class R4........... $1,000.00 $1,132.10 $ 5.79 Class R5........... $1,000.00 $1,133.70 $ 4.77 Class Y............ $1,000.00 $1,134.40 $ 5.45 THE HARTFORD CONSERVATIVE ALLOCATION FUND Class A............ $1,000.00 $1,055.00 $ 2.93 Class B............ $1,000.00 $1,051.50 $ 6.44 Class C............ $1,000.00 $1,051.50 $ 6.44 Class I............ $1,000.00 $1,056.30 $ 1.29 Class R3........... $1,000.00 $1,052.70 $ 3.86 Class R4........... $1,000.00 $1,054.50 $ 2.71 Class R5........... $1,000.00 $1,055.30 $ 1.65 THE HARTFORD DISCIPLINED EQUITY FUND Class A............ $1,000.00 $1,095.20 $ 7.27 Class B............ $1,000.00 $1,091.40 $10.73 Class C............ $1,000.00 $1,091.60 $10.93 Class R3........... $1,000.00 $1,094.80 $ 6.16 Class R4........... $1,000.00 $1,096.30 $ 5.04 Class R5........... $1,000.00 $1,097.80 $ 3.92 Class Y............ $1,000.00 $1,098.60 $ 4.63 THE HARTFORD DIVIDEND AND GROWTH FUND Class A............ $1,000.00 $1,102.50 $ 5.74 Class B............ $1,000.00 $1,097.90 $10.21 Class C............ $1,000.00 $1,098.40 $ 9.54 Class I............ $1,000.00 $1,104.40 $ 4.10 Class R3........... $1,000.00 $1,101.40 $ 5.62 Class R4........... $1,000.00 $1,102.70 $ 4.49 Class R5........... $1,000.00 $1,104.00 $ 3.37 Class Y............ $1,000.00 $1,104.60 $ 3.61 THE HARTFORD EQUITY GROWTH ALLOCATION FUND Class A............ $1,000.00 $1,106.60 $ 3.51 Class B............ $1,000.00 $1,102.90 $ 6.96 Class C............ $1,000.00 $1,102.10 $ 6.95 Class I............ $1,000.00 $1,107.90 $ 1.77 Class R3........... $1,000.00 $1,105.10 $ 3.54 Class R4........... $1,000.00 $1,106.60 $ 2.34 Class R5........... $1,000.00 $1,108.20 $ 1.27 HYPOTHETICAL (5% RETURN BEFORE EXPENSES) ----------------------------------------------------- EXPENSES PAID BEGINNING ENDING DURING THE PERIOD ACCOUNT ACCOUNT OCTOBER 31, 2006 VALUE VALUE THROUGH OCTOBER 31, 2006 APRIL 30, 2007 APRIL 30, 2007 ---------------- -------------- ----------------- THE HARTFORD BALANCED INCOME FUND Class A............ $1,000.00 $1,018.59 $ 6.26 Class B............ $1,000.00 $1,014.86 $10.01 Class C............ $1,000.00 $1,014.86 $10.01 Class Y............ $1,000.00 $1,020.33 $ 4.51 THE HARTFORD CAPITAL APPRECIATION FUND Class A............ $1,000.00 $1,019.21 $ 5.64 Class B............ $1,000.00 $1,015.23 $ 9.64 Class C............ $1,000.00 $1,015.69 $ 9.18 Class I............ $1,000.00 $1,020.86 $ 3.97 Class R3........... $1,000.00 $1,012.29 $ 5.55 Class R4........... $1,000.00 $1,013.39 $ 4.45 Class R5........... $1,000.00 $1,014.46 $ 3.37 Class Y............ $1,000.00 $1,021.22 $ 3.61 THE HARTFORD CAPITAL APPRECIATION II FUND Class A............ $1,000.00 $1,017.60 $ 7.26 Class B............ $1,000.00 $1,013.41 $11.46 Class C............ $1,000.00 $1,014.05 $10.82 Class I............ $1,000.00 $1,019.36 $ 5.49 Class R3........... $1,000.00 $1,011.67 $ 6.18 Class R4........... $1,000.00 $1,012.38 $ 5.46 Class R5........... $1,000.00 $1,013.34 $ 4.50 Class Y............ $1,000.00 $1,019.69 $ 5.16 THE HARTFORD CONSERVATIVE ALLOCATION FUND Class A............ $1,000.00 $1,021.94 $ 2.88 Class B............ $1,000.00 $1,018.52 $ 6.34 Class C............ $1,000.00 $1,018.52 $ 6.33 Class I............ $1,000.00 $1,023.54 $ 1.27 Class R3........... $1,000.00 $1,014.05 $ 3.79 Class R4........... $1,000.00 $1,015.17 $ 2.66 Class R5........... $1,000.00 $1,016.20 $ 1.62 THE HARTFORD DISCIPLINED EQUITY FUND Class A............ $1,000.00 $1,017.85 $ 7.00 Class B............ $1,000.00 $1,014.54 $10.33 Class C............ $1,000.00 $1,014.35 $10.52 Class R3........... $1,000.00 $1,011.93 $ 5.91 Class R4........... $1,000.00 $1,013.00 $ 4.84 Class R5........... $1,000.00 $1,014.07 $ 3.77 Class Y............ $1,000.00 $1,020.38 $ 4.46 THE HARTFORD DIVIDEND AND GROWTH FUND Class A............ $1,000.00 $1,019.33 $ 5.51 Class B............ $1,000.00 $1,015.06 $ 9.80 Class C............ $1,000.00 $1,015.70 $ 9.16 Class I............ $1,000.00 $1,020.90 $ 3.93 Class R3........... $1,000.00 $1,012.46 $ 5.38 Class R4........... $1,000.00 $1,013.53 $ 4.30 Class R5........... $1,000.00 $1,014.60 $ 3.23 Class Y............ $1,000.00 $1,021.36 $ 3.47 THE HARTFORD EQUITY GROWTH ALLOCATION FUND Class A............ $1,000.00 $1,021.46 $ 3.37 Class B............ $1,000.00 $1,018.18 $ 6.68 Class C............ $1,000.00 $1,018.18 $ 6.68 Class I............ $1,000.00 $1,023.11 $ 1.70 Class R3........... $1,000.00 $1,014.45 $ 3.39 Class R4........... $1,000.00 $1,015.59 $ 2.24 Class R5........... $1,000.00 $1,016.60 $ 1.22 DAYS DAYS ANNUALIZED IN THE IN THE EXPENSE CURRENT FULL RATIO 1/2 YEAR YEAR ---------- -------- --------- THE HARTFORD BALANCED INCOME FUND Class A............ 1.25% 181 365 Class B............ 2.00% 181 365 Class C............ 2.00% 181 365 Class Y............ 0.90% 181 365 THE HARTFORD CAPITAL APPRECIATION FUND Class A............ 1.13% 181 365 Class B............ 1.93% 181 365 Class C............ 1.84% 181 365 Class I............ 0.79% 181 365 Class R3........... 1.55% 130 365 Class R4........... 1.24% 130 365 Class R5........... 0.94% 130 365 Class Y............ 0.72% 181 365 THE HARTFORD CAPITAL APPRECIATION II FUND Class A............ 1.45% 181 365 Class B............ 2.30% 181 365 Class C............ 2.17% 181 365 Class I............ 1.10% 181 365 Class R3........... 1.72% 130 365 Class R4........... 1.52% 130 365 Class R5........... 1.25% 130 365 Class Y............ 1.03% 181 365 THE HARTFORD CONSERVATIVE ALLOCATION FUND Class A............ 0.57% 181 365 Class B............ 1.27% 181 365 Class C............ 1.27% 181 365 Class I............ 0.25% 181 365 Class R3........... 1.06% 130 365 Class R4........... 0.74% 130 365 Class R5........... 0.45% 130 365 THE HARTFORD DISCIPLINED EQUITY FUND Class A............ 1.40% 181 365 Class B............ 2.07% 181 365 Class C............ 2.11% 181 365 Class R3........... 1.65% 130 365 Class R4........... 1.35% 130 365 Class R5........... 1.05% 130 365 Class Y............ 0.89% 181 365 THE HARTFORD DIVIDEND AND GROWTH FUND Class A............ 1.10% 181 365 Class B............ 1.96% 181 365 Class C............ 1.83% 181 365 Class I............ 0.78% 181 365 Class R3........... 1.50% 130 365 Class R4........... 1.20% 130 365 Class R5........... 0.90% 130 365 Class Y............ 0.69% 181 365 THE HARTFORD EQUITY GROWTH ALLOCATION FUND Class A............ 0.67% 181 365 Class B............ 1.33% 181 365 Class C............ 1.33% 181 365 Class I............ 0.34% 181 365 Class R3........... 0.94% 130 365 Class R4........... 0.62% 130 365 Class R5........... 0.34% 130 365
379 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. EXPENSE EXAMPLE -- (CONTINUED) - --------------------------------------------------------------------------------
ACTUAL RETURN ----------------------------------------------------- EXPENSES PAID BEGINNING ENDING DURING THE PERIOD ACCOUNT ACCOUNT OCTOBER 31, 2006 VALUE VALUE THROUGH OCTOBER 31, 2006 APRIL 30, 2007 APRIL 30, 2007 ---------------- -------------- ----------------- THE HARTFORD EQUITY INCOME FUND Class A............ $1,000.00 $1,102.70 $ 5.86 Class B............ $1,000.00 $1,097.70 $10.21 Class C............ $1,000.00 $1,097.50 $ 9.54 Class I............ $1,000.00 $1,103.70 $ 4.35 Class R3........... $1,000.00 $1,101.20 $ 5.99 Class R4........... $1,000.00 $1,102.00 $ 4.87 Class R5........... $1,000.00 $1,103.60 $ 3.75 Class Y............ $1,000.00 $1,104.40 $ 3.80 THE HARTFORD FLOATING RATE FUND Class A............ $1,000.00 $1,037.80 $ 4.72 Class B............ $1,000.00 $1,032.80 $ 8.82 Class C............ $1,000.00 $1,033.20 $ 8.62 Class I............ $1,000.00 $1,039.50 $ 3.43 Class R3........... $1,000.00 $1,036.20 $ 4.58 Class R4........... $1,000.00 $1,037.00 $ 3.54 Class R5........... $1,000.00 $1,038.80 $ 3.09 Class Y............ $1,000.00 $1,038.30 $ 3.29 THE HARTFORD FUNDAMENTAL GROWTH FUND Class A............ $1,000.00 $1,093.50 $ 7.74 Class B............ $1,000.00 $1,090.10 $11.61 Class C............ $1,000.00 $1,089.00 $11.61 Class Y............ $1,000.00 $1,095.40 $ 5.53 THE HARTFORD GLOBAL COMMUNICATIONS FUND Class A............ $1,000.00 $1,151.20 $ 8.54 Class B............ $1,000.00 $1,147.30 $12.11 Class C............ $1,000.00 $1,147.80 $12.53 Class Y............ $1,000.00 $1,153.50 $ 6.14 THE HARTFORD GLOBAL FINANCIAL SERVICES FUND Class A............ $1,000.00 $1,088.80 $ 8.28 Class B............ $1,000.00 $1,085.30 $11.44 Class C............ $1,000.00 $1,084.30 $12.15 Class Y............ $1,000.00 $1,091.40 $ 5.85 THE HARTFORD GLOBAL HEALTH FUND Class A............ $1,000.00 $1,090.30 $ 7.32 Class B............ $1,000.00 $1,085.50 $11.86 Class C............ $1,000.00 $1,086.10 $11.10 Class I............ $1,000.00 $1,094.30 $ 5.45 Class R3........... $1,000.00 $1,089.40 $ 9.64 Class R4........... $1,000.00 $1,090.50 $ 7.94 Class R5........... $1,000.00 $1,091.60 $ 6.44 Class Y............ $1,000.00 $1,092.80 $ 4.92 THE HARTFORD GLOBAL LEADERS FUND Class A............ $1,000.00 $1,093.50 $ 7.68 Class B............ $1,000.00 $1,089.70 $11.16 Class C............ $1,000.00 $1,089.90 $11.22 Class R3........... $1,000.00 $1,093.80 $ 6.42 Class R4........... $1,000.00 $1,094.80 $ 5.27 Class R5........... $1,000.00 $1,095.90 $ 4.19 Class Y............ $1,000.00 $1,096.90 $ 4.67 THE HARTFORD GLOBAL TECHNOLOGY FUND Class A............ $1,000.00 $1,077.60 $ 7.30 Class B............ $1,000.00 $1,072.10 $10.24 Class C............ $1,000.00 $1,070.40 $11.77 Class Y............ $1,000.00 $1,079.00 $ 5.64 HYPOTHETICAL (5% RETURN BEFORE EXPENSES) ----------------------------------------------------- EXPENSES PAID BEGINNING ENDING DURING THE PERIOD ACCOUNT ACCOUNT OCTOBER 31, 2006 VALUE VALUE THROUGH OCTOBER 31, 2006 APRIL 30, 2007 APRIL 30, 2007 ---------------- -------------- ----------------- THE HARTFORD EQUITY INCOME FUND Class A............ $1,000.00 $1,019.22 $ 5.63 Class B............ $1,000.00 $1,015.06 $ 9.81 Class C............ $1,000.00 $1,015.69 $ 9.17 Class I............ $1,000.00 $1,020.66 $ 4.18 Class R3........... $1,000.00 $1,012.11 $ 5.74 Class R4........... $1,000.00 $1,013.18 $ 4.66 Class R5........... $1,000.00 $1,014.24 $ 3.59 Class Y............ $1,000.00 $1,021.18 $ 3.65 THE HARTFORD FLOATING RATE FUND Class A............ $1,000.00 $1,020.16 $ 4.68 Class B............ $1,000.00 $1,016.11 $ 8.75 Class C............ $1,000.00 $1,016.32 $ 8.55 Class I............ $1,000.00 $1,021.43 $ 3.40 Class R3........... $1,000.00 $1,013.31 $ 4.53 Class R4........... $1,000.00 $1,014.34 $ 3.50 Class R5........... $1,000.00 $1,014.78 $ 3.05 Class Y............ $1,000.00 $1,021.57 $ 3.26 THE HARTFORD FUNDAMENTAL GROWTH FUND Class A............ $1,000.00 $1,017.40 $ 7.46 Class B............ $1,000.00 $1,013.68 $11.19 Class C............ $1,000.00 $1,013.68 $11.19 Class Y............ $1,000.00 $1,019.52 $ 5.33 THE HARTFORD GLOBAL COMMUNICATIONS FUND Class A............ $1,000.00 $1,016.86 $ 8.00 Class B............ $1,000.00 $1,013.51 $11.36 Class C............ $1,000.00 $1,013.13 $11.74 Class Y............ $1,000.00 $1,019.09 $ 5.76 THE HARTFORD GLOBAL FINANCIAL SERVICES FUND Class A............ $1,000.00 $1,016.87 $ 7.99 Class B............ $1,000.00 $1,013.82 $11.05 Class C............ $1,000.00 $1,013.14 $11.74 Class Y............ $1,000.00 $1,019.20 $ 5.64 THE HARTFORD GLOBAL HEALTH FUND Class A............ $1,000.00 $1,017.79 $ 7.06 Class B............ $1,000.00 $1,013.42 $11.45 Class C............ $1,000.00 $1,014.15 $10.72 Class I............ $1,000.00 $1,019.59 $ 5.25 Class R3........... $1,000.00 $1,015.57 $ 9.30 Class R4........... $1,000.00 $1,017.19 $ 7.67 Class R5........... $1,000.00 $1,018.63 $ 6.22 Class Y............ $1,000.00 $1,020.09 $ 4.75 THE HARTFORD GLOBAL LEADERS FUND Class A............ $1,000.00 $1,017.45 $ 7.41 Class B............ $1,000.00 $1,014.12 $10.75 Class C............ $1,000.00 $1,014.05 $10.82 Class R3........... $1,000.00 $1,011.67 $ 6.17 Class R4........... $1,000.00 $1,012.77 $ 5.07 Class R5........... $1,000.00 $1,013.81 $ 4.02 Class Y............ $1,000.00 $1,020.34 $ 4.50 THE HARTFORD GLOBAL TECHNOLOGY FUND Class A............ $1,000.00 $1,017.77 $ 7.09 Class B............ $1,000.00 $1,014.91 $ 9.96 Class C............ $1,000.00 $1,013.42 $11.45 Class Y............ $1,000.00 $1,019.37 $ 5.48 DAYS DAYS ANNUALIZED IN THE IN THE EXPENSE CURRENT FULL RATIO 1/2 YEAR YEAR ---------- -------- --------- THE HARTFORD EQUITY INCOME FUND Class A............ 1.12% 181 365 Class B............ 1.96% 181 365 Class C............ 1.84% 181 365 Class I............ 0.83% 181 365 Class R3........... 1.60% 130 365 Class R4........... 1.30% 130 365 Class R5........... 1.00% 130 365 Class Y............ 0.73% 181 365 THE HARTFORD FLOATING RATE FUND Class A............ 0.93% 181 365 Class B............ 1.75% 181 365 Class C............ 1.71% 181 365 Class I............ 0.68% 181 365 Class R3........... 1.26% 130 365 Class R4........... 0.97% 130 365 Class R5........... 0.85% 130 365 Class Y............ 0.65% 181 365 THE HARTFORD FUNDAMENTAL GROWTH FUND Class A............ 1.49% 181 365 Class B............ 2.24% 181 365 Class C............ 2.24% 181 365 Class Y............ 1.06% 181 365 THE HARTFORD GLOBAL COMMUNICATIONS FUND Class A............ 1.60% 181 365 Class B............ 2.28% 181 365 Class C............ 2.35% 181 365 Class Y............ 1.15% 181 365 THE HARTFORD GLOBAL FINANCIAL SERVICES FUND Class A............ 1.60% 181 365 Class B............ 2.21% 181 365 Class C............ 2.35% 181 365 Class Y............ 1.13% 181 365 THE HARTFORD GLOBAL HEALTH FUND Class A............ 1.41% 181 365 Class B............ 2.29% 181 365 Class C............ 2.15% 181 365 Class I............ 1.05% 181 365 Class R3........... 1.86% 181 365 Class R4........... 1.53% 181 365 Class R5........... 1.24% 181 365 Class Y............ 0.95% 181 365 THE HARTFORD GLOBAL LEADERS FUND Class A............ 1.48% 181 365 Class B............ 2.15% 181 365 Class C............ 2.17% 181 365 Class R3........... 1.72% 130 365 Class R4........... 1.41% 130 365 Class R5........... 1.12% 130 365 Class Y............ 0.90% 181 365 THE HARTFORD GLOBAL TECHNOLOGY FUND Class A............ 1.42% 181 365 Class B............ 1.99% 181 365 Class C............ 2.29% 181 365 Class Y............ 1.09% 181 365
380 - --------------------------------------------------------------------------------
ACTUAL RETURN ----------------------------------------------------- EXPENSES PAID BEGINNING ENDING DURING THE PERIOD ACCOUNT ACCOUNT OCTOBER 31, 2006 VALUE VALUE THROUGH OCTOBER 31, 2006 APRIL 30, 2007 APRIL 30, 2007 ---------------- -------------- ----------------- THE HARTFORD GROWTH ALLOCATION FUND Class A............ $1,000.00 $1,088.20 $ 3.07 Class B............ $1,000.00 $1,084.30 $ 6.64 Class C............ $1,000.00 $1,083.90 $ 6.62 Class I............ $1,000.00 $1,089.70 $ 1.18 Class R3........... $1,000.00 $1,086.50 $ 3.55 Class R4........... $1,000.00 $1,088.20 $ 2.43 Class R5........... $1,000.00 $1,089.00 $ 1.31 THE HARTFORD GROWTH FUND Class A............ $1,000.00 $1,063.10 $ 6.60 Class B............ $1,000.00 $1,059.00 $10.67 Class C............ $1,000.00 $1,059.50 $10.26 Class I............ $1,000.00 $1,064.80 $ 4.80 Class L............ $1,000.00 $1,064.50 $ 5.44 Class R3........... $1,000.00 $1,062.70 $ 5.81 Class R4........... $1,000.00 $1,063.80 $ 4.73 Class R5........... $1,000.00 $1,064.90 $ 3.61 Class Y............ $1,000.00 $1,065.50 $ 4.26 THE HARTFORD GROWTH OPPORTUNITIES FUND Class A............ $1,000.00 $1,141.70 $ 6.64 Class B............ $1,000.00 $1,137.40 $11.04 Class C............ $1,000.00 $1,137.40 $10.74 Class I............ $1,000.00 $1,143.50 $ 4.94 Class L............ $1,000.00 $1,143.30 $ 5.55 Class R3........... $1,000.00 $1,141.30 $ 6.18 Class R4........... $1,000.00 $1,142.40 $ 4.97 Class R5........... $1,000.00 $1,143.80 $ 3.84 Class Y............ $1,000.00 $1,144.20 $ 4.33 THE HARTFORD HIGH YIELD FUND Class A............ $1,000.00 $1,075.90 $ 5.88 Class B............ $1,000.00 $1,070.70 $ 9.76 Class C............ $1,000.00 $1,072.30 $ 9.37 Class R3........... $1,000.00 $1,076.90 $ 5.18 Class R4........... $1,000.00 $1,078.00 $ 4.01 Class R5........... $1,000.00 $1,078.90 $ 3.15 Class Y............ $1,000.00 $1,078.20 $ 3.35 THE HARTFORD INCOME ALLOCATION FUND Class A............ $1,000.00 $1,027.70 $ 2.88 Class B............ $1,000.00 $1,025.20 $ 6.38 Class C............ $1,000.00 $1,024.10 $ 6.38 Class I............ $1,000.00 $1,029.30 $ 1.65 Class R3........... $1,000.00 $1,026.40 $ 3.50 Class R4........... $1,000.00 $1,027.40 $ 2.30 Class R5........... $1,000.00 $1,028.50 $ 1.32 THE HARTFORD INCOME FUND Class A............ $1,000.00 $1,033.90 $ 4.81 Class B............ $1,000.00 $1,030.10 $ 8.56 Class C............ $1,000.00 $1,030.20 $ 8.56 Class Y............ $1,000.00 $1,035.40 $ 3.41 THE HARTFORD INFLATION PLUS FUND Class A............ $1,000.00 $1,016.60 $ 4.25 Class B............ $1,000.00 $1,013.40 $ 7.99 Class C............ $1,000.00 $1,013.40 $ 7.99 Class I............ $1,000.00 $1,018.90 $ 3.02 Class R3........... $1,000.00 $1,015.90 $ 4.49 Class R4........... $1,000.00 $1,017.30 $ 3.58 Class R5........... $1,000.00 $1,017.70 $ 2.72 Class Y............ $1,000.00 $1,019.00 $ 3.01 HYPOTHETICAL (5% RETURN BEFORE EXPENSES) ----------------------------------------------------- EXPENSES PAID BEGINNING ENDING DURING THE PERIOD ACCOUNT ACCOUNT OCTOBER 31, 2006 VALUE VALUE THROUGH OCTOBER 31, 2006 APRIL 30, 2007 APRIL 30, 2007 ---------------- -------------- ----------------- THE HARTFORD GROWTH ALLOCATION FUND Class A............ $1,000.00 $1,021.86 $ 2.97 Class B............ $1,000.00 $1,018.42 $ 6.43 Class C............ $1,000.00 $1,018.44 $ 6.41 Class I............ $1,000.00 $1,023.67 $ 1.14 Class R3........... $1,000.00 $1,014.40 $ 3.43 Class R4........... $1,000.00 $1,015.48 $ 2.35 Class R5........... $1,000.00 $1,016.55 $ 1.26 THE HARTFORD GROWTH FUND Class A............ $1,000.00 $1,018.40 $ 6.46 Class B............ $1,000.00 $1,014.43 $10.44 Class C............ $1,000.00 $1,014.84 $10.03 Class I............ $1,000.00 $1,020.14 $ 4.70 Class L............ $1,000.00 $1,019.52 $ 5.33 Class R3........... $1,000.00 $1,012.18 $ 5.66 Class R4........... $1,000.00 $1,013.22 $ 4.61 Class R5........... $1,000.00 $1,014.31 $ 3.52 Class Y............ $1,000.00 $1,020.67 $ 4.17 THE HARTFORD GROWTH OPPORTUNITIES FUND Class A............ $1,000.00 $1,018.59 $ 6.26 Class B............ $1,000.00 $1,014.46 $10.41 Class C............ $1,000.00 $1,014.75 $10.12 Class I............ $1,000.00 $1,020.18 $ 4.66 Class L............ $1,000.00 $1,019.62 $ 5.23 Class R3........... $1,000.00 $1,012.03 $ 5.81 Class R4........... $1,000.00 $1,013.17 $ 4.67 Class R5........... $1,000.00 $1,014.23 $ 3.61 Class Y............ $1,000.00 $1,020.76 $ 4.08 THE HARTFORD HIGH YIELD FUND Class A............ $1,000.00 $1,019.13 $ 5.72 Class B............ $1,000.00 $1,015.37 $ 9.50 Class C............ $1,000.00 $1,015.75 $ 9.11 Class R3........... $1,000.00 $1,012.82 $ 5.02 Class R4........... $1,000.00 $1,013.95 $ 3.88 Class R5........... $1,000.00 $1,014.78 $ 3.05 Class Y............ $1,000.00 $1,021.57 $ 3.26 THE HARTFORD INCOME ALLOCATION FUND Class A............ $1,000.00 $1,021.95 $ 2.87 Class B............ $1,000.00 $1,018.49 $ 6.36 Class C............ $1,000.00 $1,018.49 $ 6.36 Class I............ $1,000.00 $1,023.17 $ 1.64 Class R3........... $1,000.00 $1,014.35 $ 3.48 Class R4........... $1,000.00 $1,015.54 $ 2.29 Class R5........... $1,000.00 $1,016.51 $ 1.31 THE HARTFORD INCOME FUND Class A............ $1,000.00 $1,020.07 $ 4.78 Class B............ $1,000.00 $1,016.36 $ 8.50 Class C............ $1,000.00 $1,016.36 $ 8.50 Class Y............ $1,000.00 $1,021.45 $ 3.38 THE HARTFORD INFLATION PLUS FUND Class A............ $1,000.00 $1,020.58 $ 4.26 Class B............ $1,000.00 $1,016.86 $ 8.00 Class C............ $1,000.00 $1,016.86 $ 8.00 Class I............ $1,000.00 $1,021.80 $ 3.03 Class R3........... $1,000.00 $1,013.35 $ 4.48 Class R4........... $1,000.00 $1,014.25 $ 3.58 Class R5........... $1,000.00 $1,015.11 $ 2.72 Class Y............ $1,000.00 $1,021.82 $ 3.01 DAYS DAYS ANNUALIZED IN THE IN THE EXPENSE CURRENT FULL RATIO 1/2 YEAR YEAR ---------- -------- --------- THE HARTFORD GROWTH ALLOCATION FUND Class A............ 0.59% 181 365 Class B............ 1.29% 181 365 Class C............ 1.28% 181 365 Class I............ 0.23% 181 365 Class R3........... 0.96% 130 365 Class R4........... 0.65% 130 365 Class R5........... 0.35% 130 365 THE HARTFORD GROWTH FUND Class A............ 1.29% 181 365 Class B............ 2.09% 181 365 Class C............ 2.01% 181 365 Class I............ 0.94% 181 365 Class L............ 1.06% 181 365 Class R3........... 1.58% 130 365 Class R4........... 1.29% 130 365 Class R5........... 0.98% 130 365 Class Y............ 0.83% 181 365 THE HARTFORD GROWTH OPPORTUNITIES FUND Class A............ 1.25% 181 365 Class B............ 2.08% 181 365 Class C............ 2.03% 181 365 Class I............ 0.93% 181 365 Class L............ 1.04% 181 365 Class R3........... 1.62% 130 365 Class R4........... 1.30% 130 365 Class R5........... 1.01% 130 365 Class Y............ 0.81% 181 365 THE HARTFORD HIGH YIELD FUND Class A............ 1.14% 181 365 Class B............ 1.90% 181 365 Class C............ 1.82% 181 365 Class R3........... 1.40% 130 365 Class R4........... 1.08% 130 365 Class R5........... 0.85% 130 365 Class Y............ 0.65% 181 365 THE HARTFORD INCOME ALLOCATION FUND Class A............ 0.57% 181 365 Class B............ 1.27% 181 365 Class C............ 1.27% 181 365 Class I............ 0.33% 181 365 Class R3........... 0.97% 130 365 Class R4........... 0.64% 130 365 Class R5........... 0.37% 130 365 THE HARTFORD INCOME FUND Class A............ 0.95% 181 365 Class B............ 1.70% 181 365 Class C............ 1.70% 181 365 Class Y............ 0.68% 181 365 THE HARTFORD INFLATION PLUS FUND Class A............ 0.85% 181 365 Class B............ 1.60% 181 365 Class C............ 1.60% 181 365 Class I............ 0.60% 181 365 Class R3........... 1.25% 130 365 Class R4........... 1.00% 130 365 Class R5........... 0.76% 130 365 Class Y............ 0.60% 181 365
381 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. EXPENSE EXAMPLE -- (CONTINUED) - --------------------------------------------------------------------------------
ACTUAL RETURN ----------------------------------------------------- EXPENSES PAID BEGINNING ENDING DURING THE PERIOD ACCOUNT ACCOUNT OCTOBER 31, 2006 VALUE VALUE THROUGH OCTOBER 31, 2006 APRIL 30, 2007 APRIL 30, 2007 ---------------- -------------- ----------------- THE HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND Class A............ $1,000.00 $1,131.10 $ 7.92 Class B............ $1,000.00 $1,126.70 $12.12 Class C............ $1,000.00 $1,126.80 $11.64 Class I............ $1,000.00 $1,133.30 $ 6.70 Class R3........... $1,000.00 $1,130.60 $ 7.01 Class R4........... $1,000.00 $1,132.10 $ 5.83 Class R5........... $1,000.00 $1,132.80 $ 4.74 Class Y............ $1,000.00 $1,134.30 $ 5.15 THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND Class A............ $1,000.00 $1,144.40 $ 7.93 Class B............ $1,000.00 $1,140.50 $11.44 Class C............ $1,000.00 $1,140.40 $11.73 Class R3........... $1,000.00 $1,143.90 $ 9.67 Class R4........... $1,000.00 $1,145.20 $ 7.92 Class R5........... $1,000.00 $1,146.40 $ 6.46 Class Y............ $1,000.00 $1,147.70 $ 4.97 THE HARTFORD INTERNATIONAL SMALL COMPANY FUND Class A............ $1,000.00 $1,179.50 $ 8.04 Class B............ $1,000.00 $1,176.10 $11.96 Class C............ $1,000.00 $1,175.80 $11.92 Class Y............ $1,000.00 $1,182.10 $ 5.40 THE HARTFORD LARGECAP GROWTH FUND Class A............ $1,000.00 $1,052.30 $ 5.31 Class B............ $1,000.00 $1,049.70 $ 8.48 Class C............ $1,000.00 $1,499.70 $10.35 Class Y............ $1,000.00 $1,054.70 $ 3.61 THE HARTFORD MIDCAP FUND Class A............ $1,000.00 $1,150.90 $ 6.62 Class B............ $1,000.00 $1,146.60 $10.71 Class C............ $1,000.00 $1,146.80 $10.27 Class Y............ $1,000.00 $1,153.70 $ 4.29 THE HARTFORD MIDCAP GROWTH FUND Class A............ $1,000.00 $1,194.50 $ 3.35 Class B............ $1,000.00 $1,188.90 $ 8.58 Class C............ $1,000.00 $1,188.80 $ 8.56 Class Y............ $1,000.00 $1,196.40 $ 2.08 THE HARTFORD MIDCAP VALUE FUND Class A............ $1,000.00 $1,158.60 $ 7.50 Class B............ $1,000.00 $1,154.50 $11.49 Class C............ $1,000.00 $1,155.30 $11.32 Class Y............ $1,000.00 $1,162.30 $ 4.72 THE HARTFORD MONEY MARKET FUND Class A............ $1,000.00 $1,022.20 $ 4.77 Class B............ $1,000.00 $1,018.40 $ 8.50 Class C............ $1,000.00 $1,018.30 $ 8.50 Class R3........... $1,000.00 $1,021.70 $ 4.32 Class R4........... $1,000.00 $1,022.80 $ 3.24 Class R5........... $1,000.00 $1,023.90 $ 2.16 Class Y............ $1,000.00 $1,024.20 $ 2.73 THE HARTFORD RETIREMENT INCOME FUND Class A............ $1,000.00 $1,048.30 $ 2.55 Class B............ $1,000.00 $1,045.40 $ 6.35 Class C............ $1,000.00 $1,044.20 $ 6.34 Class R3........... $1,000.00 $1,047.10 $ 3.31 Class R4........... $1,000.00 $1,047.80 $ 2.13 Class R5........... $1,000.00 $1,048.90 $ 1.10 Class Y............ $1,000.00 $1,049.60 $ 1.02 HYPOTHETICAL (5% RETURN BEFORE EXPENSES) ----------------------------------------------------- EXPENSES PAID BEGINNING ENDING DURING THE PERIOD ACCOUNT ACCOUNT OCTOBER 31, 2006 VALUE VALUE THROUGH OCTOBER 31, 2006 APRIL 30, 2007 APRIL 30, 2007 ---------------- -------------- ----------------- THE HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND Class A............ $1,000.00 $1,017.36 $ 7.50 Class B............ $1,000.00 $1,013.40 $11.47 Class C............ $1,000.00 $1,013.85 $11.02 Class I............ $1,000.00 $1,018.51 $ 6.34 Class R3........... $1,000.00 $1,011.23 $ 6.62 Class R4........... $1,000.00 $1,012.34 $ 5.50 Class R5........... $1,000.00 $1,013.36 $ 4.48 Class Y............ $1,000.00 $1,019.97 $ 4.88 THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND Class A............ $1,000.00 $1,017.40 $ 7.46 Class B............ $1,000.00 $1,014.11 $10.76 Class C............ $1,000.00 $1,013.83 $11.04 Class R3........... $1,000.00 $1,015.77 $ 9.09 Class R4........... $1,000.00 $1,017.41 $ 7.45 Class R5........... $1,000.00 $1,018.78 $ 6.07 Class Y............ $1,000.00 $1,020.17 $ 4.68 THE HARTFORD INTERNATIONAL SMALL COMPANY FUND Class A............ $1,000.00 $1,017.42 $ 7.44 Class B............ $1,000.00 $1,013.80 $11.07 Class C............ $1,000.00 $1,013.84 $11.03 Class Y............ $1,000.00 $1,019.85 $ 4.99 THE HARTFORD LARGECAP GROWTH FUND Class A............ $1,000.00 $1,015.51 $ 5.21 Class B............ $1,000.00 $1,012.41 $ 8.33 Class C............ $1,000.00 $1,012.40 $ 8.34 Class Y............ $1,000.00 $1,017.17 $ 3.55 THE HARTFORD MIDCAP FUND Class A............ $1,000.00 $1,018.64 $ 6.21 Class B............ $1,000.00 $1,014.82 $10.05 Class C............ $1,000.00 $1,015.23 $ 9.64 Class Y............ $1,000.00 $1,020.81 $ 4.03 THE HARTFORD MIDCAP GROWTH FUND Class A............ $1,000.00 $1,021.74 $ 3.09 Class B............ $1,000.00 $1,016.95 $ 7.91 Class C............ $1,000.00 $1,016.98 $ 7.88 Class Y............ $1,000.00 $1,022.90 $ 1.91 THE HARTFORD MIDCAP VALUE FUND Class A............ $1,000.00 $1,017.85 $ 7.01 Class B............ $1,000.00 $1,014.13 $10.74 Class C............ $1,000.00 $1,014.29 $10.58 Class Y............ $1,000.00 $1,020.43 $ 4.41 THE HARTFORD MONEY MARKET FUND Class A............ $1,000.00 $1,020.08 $ 4.76 Class B............ $1,000.00 $1,016.37 $ 8.49 Class C............ $1,000.00 $1,016.37 $ 8.49 Class R3........... $1,000.00 $1,013.54 $ 4.30 Class R4........... $1,000.00 $1,014.60 $ 3.23 Class R5........... $1,000.00 $1,015.67 $ 2.15 Class Y............ $1,000.00 $1,022.10 $ 2.73 THE HARTFORD RETIREMENT INCOME FUND Class A............ $1,000.00 $1,022.30 $ 2.52 Class B............ $1,000.00 $1,018.59 $ 6.26 Class C............ $1,000.00 $1,018.59 $ 6.26 Class R3........... $1,000.00 $1,014.58 $ 3.25 Class R4........... $1,000.00 $1,015.73 $ 2.10 Class R5........... $1,000.00 $1,016.73 $ 1.09 Class Y............ $1,000.00 $1,023.80 $ 1.00 DAYS DAYS ANNUALIZED IN THE IN THE EXPENSE CURRENT FULL RATIO 1/2 YEAR YEAR ---------- -------- --------- THE HARTFORD INTERNATIONAL CAPITAL APPRECIATION FUND Class A............ 1.50% 181 365 Class B............ 2.30% 181 365 Class C............ 2.21% 181 365 Class I............ 1.27% 181 365 Class R3........... 1.85% 130 365 Class R4........... 1.54% 130 365 Class R5........... 1.25% 130 365 Class Y............ 0.97% 181 365 THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND Class A............ 1.49% 181 365 Class B............ 2.16% 181 365 Class C............ 2.21% 181 365 Class R3........... 1.82% 181 365 Class R4........... 1.49% 181 365 Class R5........... 1.21% 181 365 Class Y............ 0.93% 181 365 THE HARTFORD INTERNATIONAL SMALL COMPANY FUND Class A............ 1.49% 181 365 Class B............ 2.22% 181 365 Class C............ 2.21% 181 365 Class Y............ 1.00% 181 365 THE HARTFORD LARGECAP GROWTH FUND Class A............ 1.25% 151 365 Class B............ 2.00% 151 365 Class C............ 2.00% 151 365 Class Y............ 0.85% 151 365 THE HARTFORD MIDCAP FUND Class A............ 1.24% 181 365 Class B............ 2.01% 181 365 Class C............ 1.93% 181 365 Class Y............ 0.80% 181 365 THE HARTFORD MIDCAP GROWTH FUND Class A............ 0.62% 181 365 Class B............ 1.58% 181 365 Class C............ 1.58% 181 365 Class Y............ 0.38% 181 365 THE HARTFORD MIDCAP VALUE FUND Class A............ 1.40% 181 365 Class B............ 2.15% 181 365 Class C............ 2.12% 181 365 Class Y............ 0.88% 181 365 THE HARTFORD MONEY MARKET FUND Class A............ 0.95% 181 365 Class B............ 1.70% 181 365 Class C............ 1.70% 181 365 Class R3........... 1.20% 130 365 Class R4........... 0.90% 130 365 Class R5........... 0.60% 130 365 Class Y............ 0.54% 181 365 THE HARTFORD RETIREMENT INCOME FUND Class A............ 0.50% 181 365 Class B............ 1.25% 181 365 Class C............ 1.25% 181 365 Class R3........... 0.91% 130 365 Class R4........... 0.58% 130 365 Class R5........... 0.30% 130 365 Class Y............ 0.20% 181 365
382 - --------------------------------------------------------------------------------
ACTUAL RETURN ----------------------------------------------------- EXPENSES PAID BEGINNING ENDING DURING THE PERIOD ACCOUNT ACCOUNT OCTOBER 31, 2006 VALUE VALUE THROUGH OCTOBER 31, 2006 APRIL 30, 2007 APRIL 30, 2007 ---------------- -------------- ----------------- THE HARTFORD SELECT MIDCAP GROWTH FUND Class A............ $1,000.00 $1,124.90 $ 7.31 Class B............ $1,000.00 $1,121.80 $10.49 Class C............ $1,000.00 $1,120.10 $11.21 Class Y............ $1,000.00 $1,126.80 $ 5.43 THE HARTFORD SELECT MIDCAP VALUE FUND Class A............ $1,000.00 $1,124.00 $ 7.19 Class B............ $1,000.00 $1,120.30 $10.83 Class C............ $1,000.00 $1,120.30 $11.06 Class Y............ $1,000.00 $1,126.60 $ 5.19 THE HARTFORD SELECT SMALLCAP VALUE FUND Class A............ $1,000.00 $1,083.30 $ 6.99 Class B............ $1,000.00 $1,078.90 $11.58 Class C............ $1,000.00 $1,079.80 $11.37 Class Y............ $1,000.00 $1,084.60 $ 5.63 THE HARTFORD SHORT DURATION FUND Class A............ $1,000.00 $1,023.20 $ 4.52 Class B............ $1,000.00 $1,018.30 $ 8.26 Class C............ $1,000.00 $1,018.30 $ 8.26 Class Y............ $1,000.00 $1,024.60 $ 3.22 THE HARTFORD SMALL COMPANY FUND Class A............ $1,000.00 $1,133.50 $ 7.41 Class B............ $1,000.00 $1,129.30 $11.11 Class C............ $1,000.00 $1,128.60 $11.36 Class I............ $1,000.00 $1,135.40 $ 5.56 Class R3........... $1,000.00 $1,132.80 $ 6.27 Class R4........... $1,000.00 $1,133.80 $ 5.07 Class R5........... $1,000.00 $1,135.20 $ 3.98 Class Y............ $1,000.00 $1,135.70 $ 4.76 THE HARTFORD SMALLCAP GROWTH FUND Class A............ $1,000.00 $1,074.10 $ 6.33 Class B............ $1,000.00 $1,070.10 $10.27 Class C............ $1,000.00 $1,069.50 $11.03 Class I............ $1,000.00 $1,075.00 $ 5.31 Class L............ $1,000.00 $1,074.70 $ 5.85 Class R3........... $1,000.00 $1,072.90 $ 6.09 Class R4........... $1,000.00 $1,074.20 $ 4.99 Class R5........... $1,000.00 $1,075.10 $ 3.88 Class Y............ $1,000.00 $1,075.40 $ 4.55 THE HARTFORD STOCK FUND Class A............ $1,000.00 $1,096.10 $ 6.65 Class B............ $1,000.00 $1,091.90 $11.07 Class C............ $1,000.00 $1,092.80 $10.38 Class R3........... $1,000.00 $1,096.40 $ 5.66 Class R4........... $1,000.00 $1,097.80 $ 4.53 Class R5........... $1,000.00 $1,098.70 $ 3.47 Class Y............ $1,000.00 $1,099.10 $ 4.01 THE HARTFORD TAX-FREE CALIFORNIA FUND Class A............ $1,000.00 $1,017.50 $ 4.25 Class B............ $1,000.00 $1,013.80 $ 7.99 Class C............ $1,000.00 $1,013.70 $ 8.00 THE HARTFORD TARGET RETIREMENT 2010 FUND Class A............ $1,000.00 $1,064.50 $ 2.56 Class B............ $1,000.00 $1,060.50 $ 6.39 Class C............ $1,000.00 $1,060.00 $ 6.36 Class R3........... $1,000.00 $1,063.80 $ 3.32 Class R4........... $1,000.00 $1,064.50 $ 2.11 Class R5........... $1,000.00 $1,066.40 $ 1.09 Class Y............ $1,000.00 $1,065.60 $ 0.99 HYPOTHETICAL (5% RETURN BEFORE EXPENSES) ----------------------------------------------------- EXPENSES PAID BEGINNING ENDING DURING THE PERIOD ACCOUNT ACCOUNT OCTOBER 31, 2006 VALUE VALUE THROUGH OCTOBER 31, 2006 APRIL 30, 2007 APRIL 30, 2007 ---------------- -------------- ----------------- THE HARTFORD SELECT MIDCAP GROWTH FUND Class A............ $1,000.00 $1,017.92 $ 6.94 Class B............ $1,000.00 $1,014.91 $ 9.96 Class C............ $1,000.00 $1,014.22 $10.65 Class Y............ $1,000.00 $1,019.69 $ 5.16 THE HARTFORD SELECT MIDCAP VALUE FUND Class A............ $1,000.00 $1,018.02 $ 6.83 Class B............ $1,000.00 $1,014.58 $10.29 Class C............ $1,000.00 $1,014.36 $10.51 Class Y............ $1,000.00 $1,019.92 $ 4.93 THE HARTFORD SELECT SMALLCAP VALUE FUND Class A............ $1,000.00 $1,018.09 $ 6.77 Class B............ $1,000.00 $1,013.66 $11.21 Class C............ $1,000.00 $1,013.86 $11.01 Class Y............ $1,000.00 $1,019.40 $ 5.45 THE HARTFORD SHORT DURATION FUND Class A............ $1,000.00 $1,020.33 $ 4.51 Class B............ $1,000.00 $1,016.61 $ 8.25 Class C............ $1,000.00 $1,016.61 $ 8.25 Class Y............ $1,000.00 $1,021.61 $ 3.22 THE HARTFORD SMALL COMPANY FUND Class A............ $1,000.00 $1,017.85 $ 7.01 Class B............ $1,000.00 $1,014.36 $10.51 Class C............ $1,000.00 $1,014.12 $10.75 Class I............ $1,000.00 $1,019.59 $ 5.25 Class R3........... $1,000.00 $1,011.92 $ 5.92 Class R4........... $1,000.00 $1,013.05 $ 4.79 Class R5........... $1,000.00 $1,014.08 $ 3.75 Class Y............ $1,000.00 $1,020.33 $ 4.51 THE HARTFORD SMALLCAP GROWTH FUND Class A............ $1,000.00 $1,018.69 $ 6.16 Class B............ $1,000.00 $1,014.87 $10.00 Class C............ $1,000.00 $1,014.13 $10.74 Class I............ $1,000.00 $1,019.68 $ 5.17 Class L............ $1,000.00 $1,019.15 $ 5.69 Class R3........... $1,000.00 $1,011.93 $ 5.92 Class R4........... $1,000.00 $1,013.00 $ 4.84 Class R5........... $1,000.00 $1,014.07 $ 3.77 Class Y............ $1,000.00 $1,020.41 $ 4.42 THE HARTFORD STOCK FUND Class A............ $1,000.00 $1,018.45 $ 6.41 Class B............ $1,000.00 $1,014.21 $10.66 Class C............ $1,000.00 $1,014.87 $10.00 Class R3........... $1,000.00 $1,012.41 $ 5.43 Class R4........... $1,000.00 $1,013.49 $ 4.35 Class R5........... $1,000.00 $1,014.50 $ 3.33 Class Y............ $1,000.00 $1,020.97 $ 3.86 THE HARTFORD TAX-FREE CALIFORNIA FUND Class A............ $1,000.00 $1,020.58 $ 4.26 Class B............ $1,000.00 $1,016.86 $ 8.00 Class C............ $1,000.00 $1,016.85 $ 8.02 THE HARTFORD TARGET RETIREMENT 2010 FUND Class A............ $1,000.00 $1,022.32 $ 2.50 Class B............ $1,000.00 $1,018.59 $ 6.26 Class C............ $1,000.00 $1,018.62 $ 6.23 Class R3........... $1,000.00 $1,014.60 $ 3.24 Class R4........... $1,000.00 $1,015.76 $ 2.06 Class R5........... $1,000.00 $1,016.75 $ 1.07 Class Y............ $1,000.00 $1,023.84 $ 0.97 DAYS DAYS ANNUALIZED IN THE IN THE EXPENSE CURRENT FULL RATIO 1/2 YEAR YEAR ---------- -------- --------- THE HARTFORD SELECT MIDCAP GROWTH FUND Class A............ 1.39% 181 365 Class B............ 1.99% 181 365 Class C............ 2.13% 181 365 Class Y............ 1.03% 181 365 THE HARTFORD SELECT MIDCAP VALUE FUND Class A............ 1.37% 181 365 Class B............ 2.06% 181 365 Class C............ 2.10% 181 365 Class Y............ 0.98% 181 365 THE HARTFORD SELECT SMALLCAP VALUE FUND Class A............ 1.35% 181 365 Class B............ 2.25% 181 365 Class C............ 2.21% 181 365 Class Y............ 1.09% 181 365 THE HARTFORD SHORT DURATION FUND Class A............ 0.90% 181 365 Class B............ 1.65% 181 365 Class C............ 1.65% 181 365 Class Y............ 0.64% 181 365 THE HARTFORD SMALL COMPANY FUND Class A............ 1.40% 181 365 Class B............ 2.11% 181 365 Class C............ 2.15% 181 365 Class I............ 1.05% 181 365 Class R3........... 1.65% 130 365 Class R4........... 1.33% 130 365 Class R5........... 1.05% 130 365 Class Y............ 0.90% 181 365 THE HARTFORD SMALLCAP GROWTH FUND Class A............ 1.23% 181 365 Class B............ 2.00% 181 365 Class C............ 2.15% 181 365 Class I............ 1.03% 181 365 Class L............ 1.14% 181 365 Class R3........... 1.65% 130 365 Class R4........... 1.35% 130 365 Class R5........... 1.05% 130 365 Class Y............ 0.88% 181 365 THE HARTFORD STOCK FUND Class A............ 1.28% 181 365 Class B............ 2.13% 181 365 Class C............ 2.00% 181 365 Class R3........... 1.52% 130 365 Class R4........... 1.21% 130 365 Class R5........... 0.93% 130 365 Class Y............ 0.77% 181 365 THE HARTFORD TAX-FREE CALIFORNIA FUND Class A............ 0.85% 181 365 Class B............ 1.60% 181 365 Class C............ 1.60% 181 365 THE HARTFORD TARGET RETIREMENT 2010 FUND Class A............ 0.50% 181 365 Class B............ 1.25% 181 365 Class C............ 1.24% 181 365 Class R3........... 0.90% 130 365 Class R4........... 0.57% 130 365 Class R5........... 0.30% 130 365 Class Y............ 0.19% 181 365
383 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. EXPENSE EXAMPLE -- (CONTINUED) - --------------------------------------------------------------------------------
ACTUAL RETURN ----------------------------------------------------- EXPENSES PAID BEGINNING ENDING DURING THE PERIOD ACCOUNT ACCOUNT OCTOBER 31, 2006 VALUE VALUE THROUGH OCTOBER 31, 2006 APRIL 30, 2007 APRIL 30, 2007 ---------------- -------------- ----------------- THE HARTFORD TARGET RETIREMENT 2020 FUND Class A............ $1,000.00 $1,078.00 $ 2.59 Class B............ $1,000.00 $1,074.30 $ 5.55 Class C............ $1,000.00 $1,073.80 $ 6.42 Class R3........... $1,000.00 $1,076.20 $ 3.34 Class R4........... $1,000.00 $1,077.00 $ 2.13 Class R5........... $1,000.00 $1,078.70 $ 1.11 Class Y............ $1,000.00 $1,079.00 $ 1.01 THE HARTFORD TARGET RETIREMENT 2030 FUND Class A............ $1,000.00 $1,089.10 $ 2.64 Class B............ $1,000.00 $1,084.70 $ 6.07 Class C............ $1,000.00 $1,086.00 $ 6.07 Class R3........... $1,000.00 $1,086.40 $ 3.39 Class R4........... $1,000.00 $1,087.50 $ 2.18 Class R5........... $1,000.00 $1,088.60 $ 1.14 Class Y............ $1,000.00 $1,089.60 $ 1.04 THE HARTFORD TAX-FREE MINNESOTA FUND Class A............ $1,000.00 $1,012.90 $ 4.24 Class B............ $1,000.00 $1,009.20 $ 7.97 Class C............ $1,000.00 $1,008.70 $ 7.97 Class L............ $1,000.00 $1,012.60 $ 4.49 Class Y............ $1,000.00 $1,012.60 $ 3.59 THE HARTFORD TAX-FREE NATIONAL FUND Class A............ $1,000.00 $1,016.00 $ 4.25 Class B............ $1,000.00 $1,012.40 $ 7.99 Class C............ $1,000.00 $1,012.40 $ 7.99 Class L............ $1,000.00 $1,015.80 $ 4.50 Class Y............ $1,000.00 $1,016.70 $ 3.56 THE HARTFORD TAX-FREE NEW YORK FUND Class A............ $1,000.00 $1,015.00 $ 4.25 Class B............ $1,000.00 $1,011.30 $ 7.98 Class C............ $1,000.00 $1,011.40 $ 7.98 THE HARTFORD TOTAL RETURN BOND FUND Class A............ $1,000.00 $1,028.70 $ 5.03 Class B............ $1,000.00 $1,024.10 $ 8.79 Class C............ $1,000.00 $1,023.90 $ 8.79 Class I............ $1,000.00 $1,030.20 $ 3.42 Class R3........... $1,000.00 $1,027.10 $ 4.51 Class R4........... $1,000.00 $1,028.00 $ 3.61 Class R5........... $1,000.00 $1,028.60 $ 3.07 Class Y............ $1,000.00 $1,030.30 $ 3.06 THE HARTFORD U.S. GOVERNMENT SECURITIES FUND Class A............ $1,000.00 $1,022.60 $ 5.02 Class B............ $1,000.00 $1,020.00 $ 8.62 Class C............ $1,000.00 $1,019.90 $ 8.76 Class L............ $1,000.00 $1,023.00 $ 4.65 Class Y............ $1,000.00 $1,027.00 $ 3.55 THE HARTFORD VALUE FUND Class A............ $1,000.00 $1,102.50 $ 6.76 Class B............ $1,000.00 $1,097.60 $11.11 Class C............ $1,000.00 $1,097.60 $10.78 Class R3........... $1,000.00 $1,101.70 $ 6.18 Class R4........... $1,000.00 $1,102.50 $ 5.06 Class R5........... $1,000.00 $1,104.20 $ 3.94 Class Y............ $1,000.00 $1,105.00 $ 4.49 HYPOTHETICAL (5% RETURN BEFORE EXPENSES) ----------------------------------------------------- EXPENSES PAID BEGINNING ENDING DURING THE PERIOD ACCOUNT ACCOUNT OCTOBER 31, 2006 VALUE VALUE THROUGH OCTOBER 31, 2006 APRIL 30, 2007 APRIL 30, 2007 ---------------- -------------- ----------------- THE HARTFORD TARGET RETIREMENT 2020 FUND Class A............ $1,000.00 $1,022.30 $ 2.52 Class B............ $1,000.00 $1,019.44 $ 5.41 Class C............ $1,000.00 $1,018.61 $ 6.25 Class R3........... $1,000.00 $1,014.59 $ 3.24 Class R4........... $1,000.00 $1,015.76 $ 2.07 Class R5........... $1,000.00 $1,016.74 $ 1.08 Class Y............ $1,000.00 $1,023.83 $ 0.98 THE HARTFORD TARGET RETIREMENT 2030 FUND Class A............ $1,000.00 $1,022.26 $ 2.56 Class B............ $1,000.00 $1,018.97 $ 5.88 Class C............ $1,000.00 $1,018.97 $ 5.88 Class R3........... $1,000.00 $1,014.56 $ 3.27 Class R4........... $1,000.00 $1,015.72 $ 2.11 Class R5........... $1,000.00 $1,016.72 $ 1.10 Class Y............ $1,000.00 $1,023.80 $ 1.01 THE HARTFORD TAX-FREE MINNESOTA FUND Class A............ $1,000.00 $1,020.58 $ 4.26 Class B............ $1,000.00 $1,016.86 $ 8.00 Class C............ $1,000.00 $1,016.86 $ 8.00 Class L............ $1,000.00 $1,020.33 $ 4.51 Class Y............ $1,000.00 $1,021.23 $ 3.61 THE HARTFORD TAX-FREE NATIONAL FUND Class A............ $1,000.00 $1,020.58 $ 4.26 Class B............ $1,000.00 $1,016.86 $ 8.00 Class C............ $1,000.00 $1,016.85 $ 8.01 Class L............ $1,000.00 $1,020.33 $ 4.51 Class Y............ $1,000.00 $1,021.26 $ 3.57 THE HARTFORD TAX-FREE NEW YORK FUND Class A............ $1,000.00 $1,020.58 $ 4.26 Class B............ $1,000.00 $1,016.86 $ 8.00 Class C............ $1,000.00 $1,016.86 $ 8.00 THE HARTFORD TOTAL RETURN BOND FUND Class A............ $1,000.00 $1,019.83 $ 5.01 Class B............ $1,000.00 $1,016.11 $ 8.75 Class C............ $1,000.00 $1,016.11 $ 8.75 Class I............ $1,000.00 $1,021.42 $ 3.41 Class R3........... $1,000.00 $1,013.36 $ 4.48 Class R4........... $1,000.00 $1,014.25 $ 3.59 Class R5........... $1,000.00 $1,014.78 $ 3.05 Class Y............ $1,000.00 $1,021.78 $ 3.05 THE HARTFORD U.S. GOVERNMENT SECURITIES FUND Class A............ $1,000.00 $1,019.84 $ 5.01 Class B............ $1,000.00 $1,016.26 $ 8.60 Class C............ $1,000.00 $1,016.12 $ 8.74 Class L............ $1,000.00 $1,020.20 $ 4.64 Class Y............ $1,000.00 $1,021.29 $ 3.54 THE HARTFORD VALUE FUND Class A............ $1,000.00 $1,018.36 $ 6.49 Class B............ $1,000.00 $1,014.20 $10.67 Class C............ $1,000.00 $1,014.52 $10.35 Class R3........... $1,000.00 $1,011.93 $ 5.91 Class R4........... $1,000.00 $1,013.00 $ 4.84 Class R5........... $1,000.00 $1,014.07 $ 3.77 Class Y............ $1,000.00 $1,020.53 $ 4.31 DAYS DAYS ANNUALIZED IN THE IN THE EXPENSE CURRENT FULL RATIO 1/2 YEAR YEAR ---------- -------- --------- THE HARTFORD TARGET RETIREMENT 2020 FUND Class A............ 0.50% 181 365 Class B............ 1.08% 181 365 Class C............ 1.25% 181 365 Class R3........... 0.90% 130 365 Class R4........... 0.58% 130 365 Class R5........... 0.30% 130 365 Class Y............ 0.20% 181 365 THE HARTFORD TARGET RETIREMENT 2030 FUND Class A............ 0.51% 181 365 Class B............ 1.17% 181 365 Class C............ 1.17% 181 365 Class R3........... 0.91% 130 365 Class R4........... 0.59% 130 365 Class R5........... 0.31% 130 365 Class Y............ 0.20% 181 365 THE HARTFORD TAX-FREE MINNESOTA FUND Class A............ 0.85% 181 365 Class B............ 1.60% 181 365 Class C............ 1.60% 181 365 Class L............ 0.90% 181 365 Class Y............ 0.72% 181 365 THE HARTFORD TAX-FREE NATIONAL FUND Class A............ 0.85% 181 365 Class B............ 1.60% 181 365 Class C............ 1.60% 181 365 Class L............ 0.90% 181 365 Class Y............ 0.71% 181 365 THE HARTFORD TAX-FREE NEW YORK FUND Class A............ 0.85% 181 365 Class B............ 1.60% 181 365 Class C............ 1.60% 181 365 THE HARTFORD TOTAL RETURN BOND FUND Class A............ 1.00% 181 365 Class B............ 1.75% 181 365 Class C............ 1.75% 181 365 Class I............ 0.68% 181 365 Class R3........... 1.25% 130 365 Class R4........... 1.00% 130 365 Class R5........... 0.85% 130 365 Class Y............ 0.61% 181 365 THE HARTFORD U.S. GOVERNMENT SECURITIES FUND Class A............ 1.00% 181 365 Class B............ 1.72% 181 365 Class C............ 1.75% 181 365 Class L............ 0.93% 181 365 Class Y............ 0.71% 181 365 THE HARTFORD VALUE FUND Class A............ 1.30% 181 365 Class B............ 2.14% 181 365 Class C............ 2.07% 181 365 Class R3........... 1.65% 130 365 Class R4........... 1.35% 130 365 Class R5........... 1.05% 130 365 Class Y............ 0.86% 181 365
384 - --------------------------------------------------------------------------------
ACTUAL RETURN ----------------------------------------------------- EXPENSES PAID BEGINNING ENDING DURING THE PERIOD ACCOUNT ACCOUNT OCTOBER 31, 2006 VALUE VALUE THROUGH OCTOBER 31, 2006 APRIL 30, 2007 APRIL 30, 2007 ---------------- -------------- ----------------- THE HARTFORD VALUE OPPORTUNITIES FUND Class A............ $1,000.00 $1,118.90 $ 7.36 Class B............ $1,000.00 $1,114.30 $11.22 Class C............ $1,000.00 $1,114.50 $11.28 Class I............ $1,000.00 $1,120.20 $ 5.88 Class L............ $1,000.00 $1,119.60 $ 6.65 Class R3........... $1,000.00 $1,116.00 $ 6.21 Class R4........... $1,000.00 $1,117.10 $ 5.08 Class R5........... $1,000.00 $1,118.30 $ 3.95 Class Y............ $1,000.00 $1,123.00 $ 4.83 HYPOTHETICAL (5% RETURN BEFORE EXPENSES) ----------------------------------------------------- EXPENSES PAID BEGINNING ENDING DURING THE PERIOD ACCOUNT ACCOUNT OCTOBER 31, 2006 VALUE VALUE THROUGH OCTOBER 31, 2006 APRIL 30, 2007 APRIL 30, 2007 ---------------- -------------- ----------------- THE HARTFORD VALUE OPPORTUNITIES FUND Class A............ $1,000.00 $1,017.85 $ 7.01 Class B............ $1,000.00 $1,014.18 $10.69 Class C............ $1,000.00 $1,014.13 $10.74 Class I............ $1,000.00 $1,019.25 $ 5.60 Class L............ $1,000.00 $1,018.52 $ 6.33 Class R3........... $1,000.00 $1,011.94 $ 5.90 Class R4........... $1,000.00 $1,013.01 $ 4.83 Class R5........... $1,000.00 $1,014.08 $ 3.75 Class Y............ $1,000.00 $1,020.24 $ 4.60 DAYS DAYS ANNUALIZED IN THE IN THE EXPENSE CURRENT FULL RATIO 1/2 YEAR YEAR ---------- -------- --------- THE HARTFORD VALUE OPPORTUNITIES FUND Class A............ 1.40% 181 365 Class B............ 2.14% 181 365 Class C............ 2.15% 181 365 Class I............ 1.12% 181 365 Class L............ 1.26% 181 365 Class R3........... 1.65% 130 365 Class R4........... 1.35% 130 365 Class R5........... 1.05% 130 365 Class Y............ 0.92% 181 365
385 THE HARTFORD MUTUAL FUNDS, INC. AND THE HARTFORD MUTUAL FUNDS II, INC. SHAREHOLDER MEETING RESULTS (UNAUDITED) - -------------------------------------------------------------------------------- THE FOLLOWING PROPOSALS WERE ADDRESSED DURING THE PERIOD. *INDICATES THAT THE PROPOSAL WAS ADDRESSED AT A SPECIAL MEETING OF SHAREHOLDERS HELD ON DECEMBER 19, 2006. **INDICATES THAT THE PROPOSAL WAS ADDRESSED AT SUBSEQUENT ADJOURNED SPECIAL MEETING OF SHAREHOLDERS HELD ON JANUARY 16, 2007. 1. PROPOSAL TO APPROVE ARTICLES OF AMENDMENT AND RESTATEMENT OF THE HARTFORD MUTUAL FUNDS II, INC. ("COMPANY") AND A PLAN OF RECLASSIFICATION WHEREBY CLASS H SHARES WILL BE RECLASSIFIED AS CLASS L SHARES FOR EACH OF THE HARTFORD GROWTH FUND, THE HARTFORD GROWTH OPPORTUNITIES FUND, THE HARTFORD SMALLCAP GROWTH FUND, THE HARTFORD TAX-FREE MINNESOTA FUND, THE HARTFORD TAX-FREE NATIONAL FUND, THE HARTFORD U.S. GOVERNMENT SECURITIES FUND, AND THE HARTFORD VALUE OPPORTUNITIES FUND.
FOR AGAINST ABSTAIN ----------- ---------- ---------- The Hartford Growth Fund**.................................. 504,926.783 15,159.695 10,663.340 The Hartford Growth Opportunities Fund**.................... 694,482.212 15,951.455 21,966.967 The Hartford SmallCap Growth Fund**......................... 247,547.161 5,168.072 6,506.025 The Hartford Tax-Free Minnesota Fund*....................... 11,140.488 0 0 The Hartford Tax-Free National Fund*........................ 9,338.633 0 4,209.376 The Hartford U.S. Government Securities Fund *.............. 128,260.102 831.772 1,739.818 The Hartford Value Opportunities Fund*...................... 122,341.531 2,535.183 2,325.688
2. PROPOSAL TO APPROVE ARTICLES OF AMENDMENT AND RESTATEMENT OF THE COMPANY AND A PLAN OF RECLASSIFICATION WHEREBY CLASS M SHARES WILL BE RECLASSIFIED AS CLASS L SHARES FOR EACH OF THE HARTFORD GROWTH FUND, THE HARTFORD GROWTH OPPORTUNITIES FUND, THE HARTFORD SMALLCAP GROWTH FUND, THE HARTFORD TAX-FREE MINNESOTA FUND, THE HARTFORD TAX-FREE NATIONAL FUND, THE HARTFORD U.S. GOVERNMENT SECURITIES FUND, AND THE HARTFORD VALUE OPPORTUNITIES FUND.
FOR AGAINST ABSTAIN ----------- --------- ---------- The Hartford Growth Fund*................................... 523,299.616 3,997.021 14,441.125 The Hartford Growth Opportunities Fund*..................... 435,509.854 5,812.211 16,959.477 The Hartford SmallCap Growth Fund**......................... 266,789.849 2,636.655 10,846.767 The Hartford Tax-Free Minnesota Fund*....................... 9,136.019 0 0 The Hartford Tax-Free National Fund*........................ 62,180.973 0 379.300 The Hartford U.S. Government Securities Fund*............... 134,931.814 1,807.708 7,623.805 The Hartford Value Opportunities Fund*...................... 241,948.673 1,195.215 8,554.555
3. PROPOSAL TO APPROVE ARTICLES OF AMENDMENT AND RESTATEMENT OF THE COMPANY AND A PLAN OF RECLASSIFICATION WHEREBY CLASS N SHARES WILL BE RECLASSIFIED AS CLASS L SHARES FOR EACH OF THE HARTFORD GROWTH FUND, THE HARTFORD GROWTH OPPORTUNITIES FUND, THE HARTFORD SMALLCAP GROWTH FUND, THE HARTFORD TAX-FREE MINNESOTA FUND, THE HARTFORD TAX-FREE NATIONAL FUND, THE HARTFORD U.S. GOVERNMENT SECURITIES FUND, AND THE HARTFORD VALUE OPPORTUNITIES FUND.
FOR AGAINST ABSTAIN ----------- --------- --------- The Hartford Growth Fund*................................... 123,866.930 3,770.679 6,015.313 The Hartford Growth Opportunities Fund*..................... 107,826.429 132.615 5,221.335 The Hartford SmallCap Growth Fund*.......................... 114,644.602 3,680.769 5,962.939 The Hartford Tax-Free Minnesota Fund*....................... 13,283.150 0 0 The Hartford Tax-Free National Fund*........................ 23,564.885 5,426.318 3,779.000 The Hartford U.S. Government Securities Fund*............... 46,321.686 1,157.000 1,353.743 The Hartford Value Opportunities Fund*...................... 71,441.946 183.291 5,205.407
4. PROPOSAL TO APPROVE ARTICLES OF AMENDMENT AND RESTATEMENT OF THE COMPANY AND A PLAN OF RECLASSIFICATION WHEREBY CLASS E SHARES WILL BE RECLASSIFIED AS CLASS Y SHARES FOR EACH OF THE HARTFORD TAX-FREE MINNESOTA FUND, THE HARTFORD TAX-FREE NATIONAL FUND, AND THE HARTFORD U.S. GOVERNMENT SECURITIES FUND.
FOR AGAINST ABSTAIN ------------- ----------- ----------- The Hartford Tax-Free Minnesota Fund*....................... 1,501,937.780 32,057.751 91,010.980 The Hartford Tax-Free National Fund*........................ 1,340,548.611 41,849.865 32,889.679 The Hartford U.S. Government Securities Fund*............... 5,418,416.220 265,853.045 261,692.052
386 - -------------------------------------------------------------------------------- 5. PROPOSAL TO APPROVE THE APPROVAL OF THE ARTICLES OF AMENDMENT AND RESTATEMENT OF THE COMPANY AND A PLAN OF RECLASSIFICATION WHEREBY CLASS Z SHARES OF THE HARTFORD GROWTH OPPORTUNITIES FUND WILL BE RECLASSIFIED AS CLASS Y SHARES.
FOR AGAINST ABSTAIN ----------- ---------- ---------- The Hartford Growth Opportunities Fund*..................... 679,460.063 99,326.340 47,291.005
At the meeting held on February 6-7, 2007, the Board of Directors of The Hartford Mutual Funds, Inc. unanimously approved a proposal to retain Hartford Investment Management Company ("Hartford Investment Management") as the sub-adviser to The Hartford Equity Growth Allocation Fund (formerly The Hartford Aggressive Growth Allocation Fund), The Hartford Growth Allocation Fund, The Hartford Balanced Allocation Fund, The Hartford Conservative Allocation Fund and The Hartford Income Allocation Fund (collectively the "Allocation Funds"). The proposed sub-adviser change must be approved by the shareholders of the Allocation Funds in order to be effective. If approved by the shareholders, the Board expects that Hartford Investment Management would assume sub-advisory responsibilities for the Allocation Funds in the second quarter of 2007 on or about June 30, 2007. A special meeting of shareholders of each of the affected Allocation Funds is scheduled to be held on or about June 26, 2007, for the purpose of seeking approval of the proposed sub-advisory change. 387 APPROVAL OF AMENDED INVESTMENT SUB-ADVISORY AGREEMENT (UNAUDITED) At a meeting held on November 1, 2006, the Board of Directors, including each of the Independent Directors, unanimously voted to approve an amendment to the investment sub-advisory agreement between Hartford Investment Financial Services Company ("HIFSCO") and Wellington Management Company LLP ("Wellington") ("Amended Agreement"). The amendment related to the sub-advisory fees HIFSCO pays Wellington with respect to the Advisers Fund, Capital Appreciation Fund, Disciplined Equity Fund, Dividend and Growth Fund, Growth Fund, Global Leaders Fund, Growth Opportunities Fund, International Opportunities Fund, MidCap Fund, Small Company Fund and Stock Fund (each a "Fund" and collectively, the "Funds"). In considering the approval of the Amended Agreement, the Board took into account the fact that it had approved the renewal of the investment sub-advisory agreement between HIFSCO and Wellington at the August 1-2, 2006 Board meeting with respect to the Funds and other funds sub-advised by Wellington. A discussion of the basis for the Board's approval of the investment sub-advisory agreement is available in the Hartford Mutual Funds Annual Report to shareholders for the fiscal year ended October 31, 2006. Apart from the sub-advisory fees, the material terms of the investment sub-advisory agreement did not change. The amendment took effect on January 1, 2007. In approving the Amended Agreement, the Board reviewed materials provided by HIFSCO relating to the Amended Agreement. In addition, the Board received an in-person presentation by personnel of HIFSCO and Wellington concerning the Amended Agreement. The Board also took into account written responses and supporting materials provided by HIFSCO and Wellington. The Board further considered information it received at the Board's meetings on June 20-21, 2006 and August 1-2, 2006. The Board also took into account information provided to the Board at its meetings throughout the year, including reports on Fund performance, compliance, shareholder services and the other services provided to the Funds by HIFSCO and Wellington. In connection with their consideration of the annual renewal of the investment sub-advisory agreement, the Independent Directors, advised by independent legal counsel, engaged two service providers to assist them with evaluating the investment sub-advisory agreement with respect to each Fund. Lipper, Inc.("Lipper"), an independent provider of investment company data, was retained to provide the Board with reports on how the Funds' management and sub-advisory fees, overall expense ratios and investment performance compared to those of funds with similar investment objectives in various peer groups. The Independent Directors also engaged an independent financial services consulting firm ("Consultant") to assist them in evaluating each Fund's management and sub-advisory fees, overall expense ratios and investment performance. The Board considered the information provided to them from Lipper and the Consultant in determining to approve the Amended Agreement. In determining to approve the Amended Agreement, the Board determined that the proposed sub-advisory fee structure for each Fund was fair and reasonable and that the amendment was in the best interests of each Fund and its shareholders. The Board considered the representations from HIFSCO that shareholders will not pay increased management fees or other fees as a result of the Amended Agreement. In determining to approve the Amended Agreement, the Board considered the following categories of material factors, among others, relating to the Amended Agreement. NATURE, EXTENT AND QUALITY OF SERVICES The Board considered information concerning the nature, extent and quality of the services provided to the Funds by Wellington. The Board considered, among other things, the range of services provided by Wellington and Wellington's organizational structure and regulatory/compliance history. The Board considered the quality of Wellington's investment personnel, its ability to attract and retain qualified investment professionals, its investment philosophy and process, investment research capabilities and resources, performance record, trade execution capabilities and experience. In addition, the Board considered the quality of Wellington's communications with the Board and responsiveness to Board inquiries. The Board concluded that it was satisfied with the nature, extent and quality of the services provided to the Funds by Wellington. INVESTMENT PERFORMANCE The Board considered the investment performance of each Fund. In this regard, the Board considered the information and materials provided to the Board from HIFSCO and Lipper comparing each Fund's short-term and long-term and recent investment performance over various periods of time with appropriate benchmark indices and with a performance universe of funds selected by Lipper. This information included performance reports (provided by Lipper) and discussions with portfolio managers and other representatives of Wellington at Board and Investment Committee meetings throughout the year. The Board also considered the analysis provided by the Consultant relating to each Fund's performance track record. The Board concluded that each Fund's performance over time has been satisfactory and that it had continued confidence in Wellington's overall capabilities to provided day-to-day portfolio management to each Fund. COSTS OF THE SERVICES AND PROFITABILITY The Board reviewed information regarding HIFSCO's and Wellington's cost to provide investment management and related services to each Fund and the profitability to them from managing each Fund. In this regard, the Board noted that the Amended Agreement increases the sub-advisory fee rate to be paid to Wellington by HIFSCO and decreases the profitability of HIFSCO on a Fund by Fund basis. The Board also considered the representation of HIFSCO that the proposed sub-advisory fees would not impact the level and quality of services HIFSCO provides to the Funds and their shareholders. The Board concluded that the profitability realized on the proposed sub-advisory fees on a per Fund basis were reasonable given that the management fee and related expenses continue to be in line with comparable peers. COMPARISON OF FEES AND SERVICES PROVIDED The Board reviewed the investment sub-advisory fees to be paid by HIFSCO to Wellington under the Amended Agreement. The Board considered HIFSCO and Wellington's representations that they had negotiated the proposed sub-advisory fees at arm's length and Wellington's representations that the fees charged to HIFSCO were comparable to fees charged by Wellington to similar clients. The Board concluded that the sub-advisory fees, in conjunction with the information about quality of services, profitability and other matters discussed supports the conclusion that the proposed sub-advisory fees are reasonable. 388 APPROVAL OF AMENDED INVESTMENT SUB-ADVISORY AGREEMENT (UNAUDITED) - (CONTINUED) ECONOMIES OF SCALE The Board considered the extent to which economies of scale would be realized by each Fund and whether fee levels reflect these economies of scale for the benefit of each Fund's shareholders. The Board reviewed the breakpoints in the proposed sub-advisory fee schedule for each Fund, which reduces fees as Fund assets grow over time. The Board recognized that Funds with assets beyond the last breakpoint level 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 concluded that it was satisfied with the extent to which economies of scale would be shared for the benefit of each Fund's investors. * * * * Based upon its review of these various factors, among others, the Board concluded that it is in the best interests of each Fund and its shareholders for the Board to approve the Amended Agreement. 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 and the full Board met separately in executive session, with independent legal counsel, to review the relevant materials and consider their responsibilities under relevant laws and regulations. 389 ITEM 2. CODE OF ETHICS. Not applicable to this semi-annual filing. ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT. Not applicable to this semi-annual filing. ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES. Not applicable to this semi-annual filing. ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS. Not applicable. ITEM 6. SCHEDULE OF INVESTMENTS The Schedule of Investments is included as part of the annual report filed under Item 1 of this form. 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 since registrant last provided disclosure in response to this requirement. ITEM 11. CONTROLS AND PROCEDURES. (a) Based on an evaluation of the Registrant's Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report, the Disclosure Controls and Procedures are effectively designed to ensure that information required to be disclosed by the Registrant is recorded, processed, summarized and reported by the date of this report, including ensuring that information required to be disclosed in the report is accumulated and communicated to the Registrant's management, including the Registrant's officers, as appropriate, to allow timely decisions regarding required disclosure. (b) There was no change in the Registrant's internal control over financial reporting that occurred during the Registrant's last fiscal half year that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting. ITEM 12. EXHIBITS. 11(a)(2) Section 302 certifications of the principal executive officer and principal financial officer of Registrant. (b) Section 906 certification. 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, INC. Date: June 19, 2007 By: /s/ David M. Znamierowski ------------------------------------ David M. Znamierowski Its: President 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: June 19, 2007 By: /s/ David M. Znamierowski ------------------------------------ David M. Znamierowski Its: President Date: June 19, 2007 By: /s/ Tamara L. Fagely ------------------------------------ Tamara L. Fagely Its: Vice President, Controller and Treasurer EXHIBIT LIST 99.CERT 11(a)(2) Certifications (i) Section 302 certification of principal executive officer (ii) Section 302 certification of principal financial officer 99.906CERT 11(b) Section 906 certification of principal executive officer and principal financial officer
EX-99.CERT 2 b65819a1exv99wcert.txt SECTION 302 CERTIFICATIONS CERTIFICATION I, David M. Znamierowski, certify that: 1. I have reviewed this report on Form N-CSR of The Hartford Mutual Funds, Inc. (File Number 811-07589, CIK Number 0001006415); 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; c) evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and d) disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal half-year (the registrant's second fiscal half-year in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officers and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information, and b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: June 19, 2007 /s/ David M. Znamierowski ---------------------------------------- David M. Znamierowski President CERTIFICATION I, Tamara L. Fagely, certify that: 1. I have reviewed this report on Form N-CSR of the The Hartford Mutual Funds, Inc. (File Number 811-07589 CIK Number 0001006415); 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; c) evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and d) disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal half-year (the registrant's second fiscal half-year in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officers and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information, and b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: June 19, 2007 /s/ Tamara L. Fagely ---------------------------------------- Tamara L. Fagely Vice President, Controller and Treasurer EX-99.906.CERT 3 b65819a1exv99w906wcert.txt SECTION 906 CERTIFICATION CERTIFICATION Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of section 1350, chapter 63 of title 18, United States Code), each of the undersigned officers of The Hartford Mutual Funds, Inc. does hereby certify, to such officer's knowledge, that: The semi-annual report on Form N-CSR of The Hartford Mutual Funds, Inc. for the period ended April 30, 2007 (the "Form N-CSR") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 and information contained in the Form N-CSR fairly presents, in all material respects, the financial condition and results of operations of the Fund. Date: June 19, 2007 By: /s/ David M. Znamierowski ------------------------------------ David M. Znamierowski Its: President Date: June 19, 2007 By: /s/ Tamara L. Fagely ------------------------------------ Tamara L. Fagely Its: Vice President, Controller and Treasurer A signed original of this written statement required by Section 906 has been provided to The Hartford Mutual Funds, Inc. and will be retained by The Hartford Mutual Funds, Inc. and furnished to the Securities and Exchange Commission or its staff upon request. -----END PRIVACY-ENHANCED MESSAGE-----